


NaughtyPines
... for a .62 credit. Comments: One of the higher IV ETF's on my board. Targeting the strike paying around 1% of the strike price in credit.
... for a 253.21 debit. Comments: One of the higher IV ETF's at the top of my board. Selling the -75 delta call against shares to emulate the delta metrics of a 25 delta short put, but with the built-in defense of the short call. Metrics: Break Even/Buying Power Effect: 253.21 Max Profit: 6.79 ($679) ROC at Max: 2.68% 50% Max: 3.39 ($339) ROC at 50% Max: 1.34%
... for a 56.05 debit. Comments: Selling the -75 delta call against shares to emulate the delta metrics of a +25 delta short put to take advantage of higher IV on the call side and the built-in defense of the short call. Metrics: Buying Power Effect/Break Even: 56.05 Max Profit: 1.95 ROC at Max: 3.48% 50% Max: .98 ROC at 50% Max: 1.74% Will generally look to...
... for a .52 credit. Comments: Laddering out/adding at strikes better than what I currently have on, targeting the strike paying around 1% of the strike price in credit. Will generally look to roll up at 50% max at > 45 DTE (Days 'Til Expiration).
... for a 5.00 credit. Comments: Laddering out, targeting the strike paying around 1% of the strike price in credit ... . Will generally look to roll up to the shortest duration <16 delta strike paying 1% of the strike price if in profit.
... for a .90 credit. Comments: Adding to my position at strikes slightly better than what I currently have on ... .
... for a .48 credit. Comments: The highest 30-day IV on my ETF board (aside from USO and UNG). Laddering out, targeting the strike paying around 1% of the strike price in credit.
... for an .88 credit. Comments: Camping out with a strike slightly below the 52-week low, where the options contract is paying a smidge more than 1% of the strike price in credit. I don't really need more TLT, but wouldn't mind being assigned more at a lower price than the stock element of my covered calls.
... for a .59 credit. Comments: One of the higher IV ETF's on my board at the moment. A starter position, targeting the strike paying around 1% of the strike price in credit. Will look to ladder out at intervals ... .
... for a 5.13 credit. Comments: Targeting the <16 delta strike paying around 1% of the strike price in credit. Max Profit: 5.13 ROC at Max as a Function of Strike Price: 1.04% Will generally look to roll up if the short put is in profit at 45 DTE or greater, add at intervals if I can get in at strikes better than what I currently have on at the June 513's and...
... for a 2.50 credit. Comments: A starter position in the semiconductor ETF on a smidge of weakness here, targeting the strike paying around 1% of the strike price in credit. Will generally look to add at intervals if I can get it at a strike better than what I currently have on.
... for a 2.23 credit. Comments: Adding at a strike better than what I currently have on at the 205 ... .
... for a 5.10 credit. Comments: Adding at a strike better than what I currently have on in August at the 535 strike, targeting the <16 delta paying around 1% of the strike price in credit.
... for a 5.02 credit. Comments: Adding at intervals at strikes better than what I currently have on, targeting the <16 delta strike paying around 1% of the strike price in credit. Will look to manage positions as I come to them.
... for a 2.21 credit. Comments: Doing some higher IV premium-selling in the ETF space, targeting the <16 delta strike paying around 1% of the strike price in credit. Will look to add at intervals if I can get in at strikes better than what I currently have on ... .
... for a 5.21 credit. Comments: Laddering out, targeting the <16 delta strike paying around 1% of the strike price in credit. Still looking to add in shorter intervals at strikes better than what I have on, but we've been in a grind-up ... .
... for a 5.26 credit. Comments: Targeting the strike that is both at 16 delta or below and that is paying 1% of the strike price in credit ... . Metrics: Buying Power Effect/Break Even: 484.72 Max Profit: 5.26 ROC at Max: 1.09% Will generally look to ladder out at intervals, assuming I can get in at prices better than what I currently have on, roll out at...
... for a 1.61 credit. Comments: High IVR. Starting to ladder out here, selling the 25 delta put ... . Since I'm interested in acquiring more shares at 85 or below, I may let this run to expiry or approaching worthless (e.g., .05) ... . Can't believe it breaks 84.50 (which would be correspondent with a 5% yield on the 10-year T note), but you never know in...