On vacation with spotty wifi so no update till now. Closed the short calls when they hit about 75 delta and 2 of the 3 ES contracts this...
ES Closed around 4385. B/E was at 4375 and I sold 3 4390 covered calls exp Sep 17 since I got 3 ES after assignment. Got 87 per and new b/e is...
ES fixing price was under 4395 so I got 2 lots of ES. B/E for them was at 4375 so I sold 2 atm calls at cash close exp Mon for 13 apiece, but in...
Certain elements of western society also wants to put large corps in their place. There are those from the left and the right who would like to...
Sold the 4400 puts late in the day for 16.5 exp Fri when the 4395 lost most of its delta. ES had a reversal right before close which put the...
They're the same in that you can structure any covered call as a short put and vice versa. It's one of the principles of put/call parity....
Covered calls are the same as cash secured puts.
Realized I done goofed again since I was supposed to write the 14d puts, not the 5d last week, but it's not a huge deal, left a few hundred on the...
The big issue is gaps. If there's a big gap, good luck rolling since it's mostly intrinsic at that point. It's not as easy as it sounds to be...
My 4380 put got assigned. Wrote the 4365 calls and 4145 put all expiring Friday at cash close. I can't see ES falling that much, maybe 5% at...
Inside ET joke, making fun of this poster called padutrader.
We should continue to grind higher and at worst tread water. No crash, no big correction. I will keep selling these 50d short term puts at these...
Sold the 4350 put on the 7th when it was 50d, exp Monday for 16.5. Rest of the puts will be expiring peacefully today. Hope I didn't just put a...
During markets like this where we are grinding up, I like to keep between 1-3 units that has a tenor of <7 days (I learned the word tenor from...
We just keep going up wtf, was definitely expecting a more sideways action. Powell must have went on vacation early and forgot to turn off the...
Another rally today. Sold a 4280 put for 7.25 exp Jul 7. $10k July here we come :D [IMG]
Bought back all those short puts earlier today. Officially banked $7925 for June for a 17% annualized return. Sold a 4280 put exp Jul 2 which...
Come back soon man, best thing you can do for me is poke holes in all my trades and tell me where I'm fucking up. Don't need people patting me on...
Oh god Dest is here making me feel dumb as bricks. Let me clarify that it's risky relative to shorting a 50d put. Essentially, I'm using these...
So much for rangebound markets. Looks like we will keep grinding higher, distance from longer term MAs be damned. I knew I had to add delta but...
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