Opening (IRA): SPY July 15th 351/November 18th 430 LPD*

17 thg 6, 2022

... for a 60.76/contract debit.

Comments: Re-erecting my short delta hedge here after taking profit on my previous one. Buying the back month 90 and selling the front month 30 delta strikes to provide me with -60 delta/contract.

369.24 break even, paying 60.76 for a 79 wide with a max profit potential of 18.24 ($1824) assuming a finish sub-351.

I would note that this probably isn't the best place to erect a short delta hedge, which you want to do on strength, so this is most likely not a good (or even mediocre) standalone trade. This is more about what my personal portfolio needs to remain "net delta happy."

22 thg 6, 2022

Giao dịch đang hoạt động

Rolled July 15th 351 short put to July 15th 350 (there wasn't a 351 strike) for a .76 credit; 60.00 cost basis; 370 break even on an 80-wide.

24 thg 6, 2022

Giao dịch đang hoạt động

After having adjusted my IWM and QQQ short delta hedges, looked to see how much short delta I had left in order to adjust accordingly. Here, I'm rolling out a week, but up to the 30 delta from the July 22nd 350 to the July 29th 366 for a 4.01 credit. Cost basis 55.99/374.01 break even on a 64 wide. After having done all this, ny portfolio -- which consists of IWM, QQQ, and SPY short puts (long delta) plus these delta cutters (short delta) is still a smidge net short delta.

29 thg 6, 2022

Giao dịch đang hoạt động

Rolled the July 29th 366 to the August 5th 366 for a .98 credit. Cost basis of 55.01 on a 64 wide with a 374.94 break even. Still a smidge net delta short portfolio-wide here after adjustments, which I'm fine with running into the July 4th holiday weekend.

8 thg 7, 2022

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Rolled August 5th 366 to the August 12th 373 for a 2.57 credit. 52.55 cost basis on a 57 wide with a 377.56 break even.

14 thg 7, 2022

Giao dịch đang hoạt động

Rolled August 12th 373 to August 19th 373 on this weakness for a 1.02 credit. 51.41 cost basis on a 57 wide with a 378.58 break even.

22 thg 7, 2022

Giao dịch đang hoạt động

Rolled the August 19th 373 to the August 26th 375 for a 1.42 credit. 49.99 cost basis on a 55 wide with a 380.01 break even.

29 thg 7, 2022

Giao dịch đang hoạt động

Rolled the August 26th 375 to the September 2nd 380 for a .92 credit at >50% max. 49.07 cost basis on a 50 wide with a 380.93 break even.

5 thg 8, 2022

Giao dịch đang hoạt động

Rolled the September 2nd 380 to the September 9th 380 for a .53 credit on weakness (which was short-lived). 48.54 cost basis on a 50 wide with a 381.46 break even.

12 thg 8, 2022

Giao dịch đang hoạt động

Rolled the September 9th 380 to the September 16th 381 for a .65 credit. 47.89 cost basis on a 49 wide with a 382.11 break even.

17 thg 8, 2022

Giao dịch đang hoạt động

Rolled the September 16th 381 to the September 23rd 382 for a .57 credit. Cost basis of 47.32 on a 48 wide with a 382.68 break even.

19 thg 8, 2022

Giao dịch đang hoạt động

Rolled the September 23rd 382 to the September 30th 383 for a .63 credit. 46.69 cost basis with a 383.31 break even on a 47 wide.