OPENING (IRA): IYR APRIL/MAY/JUNE 54/55/56 SHORT PUT LADDER

2020年3月17日

Yet another acquisitional setup in the IRA, filled for 9.38 total.

Notes: I already have some IYR covered calls in the IRA (3.50% yield), but figured I'd potentially add here on this brutal down move. I would note that markets are wide and had to nickel down or more to get a fill on the ladder as a unit. And we'll see how that goes ... .

2020年4月17日

交易進行

The first rung at 56 expires worthless, leaving the May 55's and the June 54's. Will consider adding a rung back in on weakness.

2020年4月21日

交易進行

Post-mopex, adding in some 16 delta June at the 57 strike for 1.59, as there currently is no July. Total credits collected of 10.97.

2020年5月5日

交易進行

Pulling off the May 55's for .03, which is about as worthless as it gets, leaving me with the June 54's and 57's. 30-day IV is still pretty decent here at 47%, and I've now got a July expiry to use, so adding a rung at the 62 strike (~16 delta) in July for 1.56. Total credits collected: 10.97 - .03 + 1.56 = 12.50. Resulting setup: June 54P/June 57P/July 62P.

2020年5月13日

交易進行

This has taken quite a dump here over the last week or so from a high of 75 to today's finish at 69, so added in a September (44.4% IV) rung at the 54 strike for 1.98, with total credits collected at 14.48 and the resulting setup: June 54P/June 57P/July 62P/September 54P.

2020年5月20日

交易進行

Out of the June 54 for .18; scratch at 14.30.

2020年5月22日

交易進行

Out of the June 57 for .24; scratch at 14.06 and leaving me with the July 62 and September 54 puts.

2020年6月9日

手動結束交易

Closing the June and September's as a unit for .55 here, so made 13.51 ($1351).