#rolled TSO assorted calls 83 strike this week to May 26 83 calls at 0.88-.94 with avg. fill at 0.88. Originally sold for around 1.24 just before earnings. Decided to roll to catch the dividend next week then hope to be called away. After 9 weeks in the trade and multiple rolls if I am called out at 83 will have a nice profit. Assigned at 87.5 back then, cost basis now around 79.75 on assorted trades and the dividend will reduce that to 79.20.
Rolled TSO 77 puts this week to next week 80.5 for credit of 0.78. Originally sold last week for 1.05.
New market measures on laddering strangles https://www.tastytrade.com/tt/shows/market-measures
Still have WDC put ladders out 4 weeks, waiting for a little more theta decay through the weekend for some rolls.
Also have some EEM, DIA, SPY positions I am waiting to close to free up margin but they are longer term plays so still have 60-90 days on those.
VIX is almost up a whole point!!!! Yeah………
Raining here so if I see a good day trade will post but looks like the big moves are already settling down.
Collected more in premium on the above trades in 45 minutes than I get from a paycheck for 2 weeks and did the same last week. Most of it retirement so can’t touch it for 13.5 more years, but every bit now will help then!
I am now flat for expiration tomorrow.
Cheers Chris