OPENING (IRA): IWM FEBRUARY 19TH 176 SHORT PUT

28 Ara 2020

... for a 2.32 credit.

Notes: Selling the 16 delta short put in the broad market exchange-traded fund in the expiry nearest 45 days until expiry with the highest background implied, which is currently IWM at a 30-day of 29.1% and an expiry-specific of 29.9%. 1.34% ROC at max.

19 Oca 2021

İşlem aktif

With .61 of extrinsic left, rolling out "as is" to the March 19th 176 for a realized gain and a 1.15 credit. Total credits collected of 3.47 and an ROC %-age now 2.01% at max. Still have a Feb 19th 171 on with .46 of extrinsic left in it, which I will run to extrinsic approaching worthless.

6 Şub 2021

İşlem aktif

With 42 days to go and only .60-odd cents left of extrinsic, rolled up and out a mere week to the March 26th 192.5 (49 DTE) for a 1.33 credit. Total credits collected of 4.82 and a ROC %-age now at 2.57% at max as a function of notional risk.

2 Mar 2021

İşlem aktif

With 24 days to go and .92 of extrinsic left in the short put, rolling out to the April 16th 198 (16 delta; 45 DTE) for a realized gain and a 1.74 credit. Total credits collected of 6.56; ROC now at 3.43% as a function of notional risk.