Recent Content by Wise Old Man

  1. Retired, 450k fun money, lets see what happens - SPY Options

    The 421 calls will be assigned ITM this weekend. I got in 1200 SPY shares at 415 and out at 421, resulting in a nice $7200 profit on the swing....
    Post by: Wise Old Man, Jun 4, 2021 in forum: Journals

  2. Retired, 450k fun money, lets see what happens - SPY Options

    I could add IWM and QQQ to the mix but I don't really feel comfortable owning small caps or tech if and when a big downturn in the market takes...
    Post by: Wise Old Man, May 28, 2021 in forum: Journals

  3. Retired, 450k fun money, lets see what happens - SPY Options

    Generally I'm looking to get in (sell puts) around the 20 day moving average and get out (sell calls) around prior highs. Friday I was assigned...
    Post by: Wise Old Man, May 24, 2021 in forum: Journals

  4. Retired, 450k fun money, lets see what happens - SPY Options

    Last week's trade was never posted. I'm happy to report that my wife and I are now fully vaccinated and to celebrate we had a little getaway up in...
    Post by: Wise Old Man, May 14, 2021 in forum: Journals

  5. Retired, 450k fun money, lets see what happens - SPY Options

    +$1704 SOLD -12 DIAGONAL SPY 100 (Weeklys) 7 MAY 21/30 APR 21 412/409 PUT @1.42
    Post by: Wise Old Man, May 1, 2021 in forum: Journals

  6. Retired, 450k fun money, lets see what happens - SPY Options

    Absolutely. At the very least this adds a little excitement to my life. +$1188 SOLD -12 DIAGONAL SPY 100 (Weeklys) 30 APR 21/23 APR 21 409/405...
    Post by: Wise Old Man, Apr 23, 2021 in forum: Journals

  7. Retired, 450k fun money, lets see what happens - SPY Options

    +$564 SOLD -12 DIAGONAL SPY 100 (Weeklys) 23 APR 21/16 APR 21 405/399 PUT @.47
    Post by: Wise Old Man, Apr 17, 2021 in forum: Journals

  8. Retired, 450k fun money, lets see what happens - SPY Options

    +$768 SOLD -12 DIAGONAL SPY 100 16 APR 21/9 APR 21 399/394 PUT @.64 Quite the rally this past week. From 11/2020 - present: +11.1%
    Post by: Wise Old Man, Apr 9, 2021 in forum: Journals

  9. Retired, 450k fun money, lets see what happens - SPY Options

    The multi leg trades are always buy to close and sell to open. The end result are 12 cash secured puts. The only reason I sold puts alone on...
    Post by: Wise Old Man, Apr 6, 2021 in forum: Journals

  10. Retired, 450k fun money, lets see what happens - SPY Options

    I appreciate that. And just to clarify the numbers I just posted are from when I started the journal in November 2020, not just 2021. I can start...
    Post by: Wise Old Man, Apr 5, 2021 in forum: Journals

  11. Retired, 450k fun money, lets see what happens - SPY Options

    It takes about 30 seconds per week so its not difficult or time consuming for me to trade the way that I am. As I've mentioned before, I don't...
    Post by: Wise Old Man, Apr 5, 2021 in forum: Journals

  12. Retired, 450k fun money, lets see what happens - SPY Options

    I unfortunately missed my trade on Thursday. I forgot Friday was a stock market holiday and my puts expired. Re-entered today for a small credit:...
    Post by: Wise Old Man, Apr 5, 2021 in forum: Journals

  13. Retired, 450k fun money, lets see what happens - SPY Options

    I'm looking to outperform the S&P 500 while maintaining the same risk as being long the index. I want to capitalize on the short term swings in...
    Post by: Wise Old Man, Mar 28, 2021 in forum: Journals

  14. Retired, 450k fun money, lets see what happens - SPY Options

    +$2880 SOLD -12 DIAGONAL SPY 100 (Weeklys) 26 MAR 21/19 MAR 21 389/387 PUT @2.40
    Post by: Wise Old Man, Mar 19, 2021 in forum: Journals

  15. Retired, 450k fun money, lets see what happens - SPY Options

    My net liq is $500,557.58, so currently up $44,439.46 or 9.7%. SPY is up 9.9% so I'm still slightly behind but closing the gap.
    Post by: Wise Old Man, Mar 16, 2021 in forum: Journals