+$1164 SOLD -12 DIAGONAL SPY 100 19 FEB 21/12 FEB 21 384/381 PUT @.97 Profit update: Current balance as of market close: $488,208.90 Profit:...
+$816 SOLD -12 SPY 100 (Weeklys) 12 FEB 21 381 PUT @.68
Yep, looks like my 385 calls are being assigned this weekend. I won't have available funds for selling puts until Monday after assignment....
Currently long 1200 SPY shares @ 377 from last week's short put expiring ITM. Made up most of my unrealized losses on the shares with today's...
Can you explain the 15% contango arbitrage a little more? If I'm understanding right, you would be shorting the front month futures. When its time...
Weekly is the plan unless we see a more substantial pullback, then I may need to go further out in time.
I got my first assignment with the market pullback this past week. Currently long 1200 SPY shares at 377. I'm down $8k on my current shares not...
+$2076 SOLD -12 DIAGONAL SPY 100 (Weeklys) 29 JAN 21/22 JAN 21 377/373 PUT @1.73
If you get assigned why not do the same thing on the upside as well? If you're assigned shares do the 1:2 ratio spread by buying a 40 delta call...
Much appreciated. Wishing you the best of luck as well! So if I'm understanding you correctly, you're taking the premium from the cash secured...
It means if you are trading too big or too illiquid of products, they can reroute your orders directly to the market makers/liquidity providers so...
+$1272 SOLD -12 DIAGONAL SPY 100 15 JAN 21/8 JAN 21 371/368 PUT @1.06
Worst case scenario, I'll be sitting on the sidelines for a very long time. Hope it doesn't happen either but if it does, I'm okay with it. Merry...
Then I wait it out for the market to recover... exactly the same as before I retired and I was invested in my 401k. Rolled forward another week:...
This is what I’ve been trying to figure out... that sweet spot where I get put shares yet still have room for appreciation. I’ve been tempted just...
That would be completely counterproductive. The point of this strategy is I want to get assigned shares. It’s the triple income strategy. I earn...
I've been trading this strategy 1 month so far and have an overall profit of $7242 as of today's close, which equates to 1.6% growth. So far I am...
+$2184 SOLD -12 DIAGONAL SPY 100 (Weeklys) 24 DEC 20/18 DEC 20 365/360 PUT @1.82
Glad we're finally seeing a small amount of volatility in this market. Moved the puts to 360 and out another week for nice credit of $3142. I was...
So far the market has been boring and uneventful. I rolled my puts forward another week and to the 353 strike. Still on the sidelines waiting for...
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