Fuzzy Week

All my #Fuzzy trades for the week are now managed, so here’s an early weekly recap of everything (the “Total Hedge Collected” includes open orders, and is net of any closures/rolls:
1. JPM: Core debit: 2.51 Net Hedge Collected: $2,540 Revised Core Basis (0.03)
2. DWDP: Core debit: 1.44 Net Hedge Collected: ($60.00) Revised Core Basis 1.50 (unhedged)
3. CELG: Core debit: 2.38 Net Hedge Collected: $1,040 Revised Core Basis 1.34
4. RCL: Core Debit: 3.59 Net Hedge Collected: $1,390 Revised Core Basis 2.20
5. FAS-1: Core Debit: 2.08 Net Hedge Collected: $1,580 Revised Core Basis: .50
6. FAS-2 Core Debit: 2.12 Net Hedge Collected: $1,570 Revised Core Basis: .55
7. LMT-1: Core Debit: 6.20 Net Hedge Collected: $2,450 Revised Core Basis: 3.75
8. LMT-2: Core Debit: 6.20 Net Hedge Collected: $2,550 Revised Core Basis: 3.65
9. MU: Core Debit: 2.80 Net Hedge Collected: $1,220 Revised Core Basis: 1.58
9. CSX: Core Debit: 2.24 Net Hedge Collected: $550 Revised Core Basis: 1.69
10. QQQ: Core Debit: 2.73 Net Hedge Collected: $800 Revised Core Basis: 1.93
11. IWM: Core Debit: 2.25 Net Hedge Collected: $640 Revised Core Basis: 1.61
12. MCD: Core Debit: 3.12 Net Hedge Collected: $1,070 Revised Core Basis: 2.05
13. CMCSA: Core Debit: 1.38 Net Hedge Collected: $560 Revised Core Basis: .82
14. AAPL: Core Debit 5.27 Net Hedge Collected: $1,320 Revised Core Basis: 3.95
15. BABA: Core Debit 9.43 Net Hedge Collected: 965 Revised Core Basis: 7.50
16. CVX: Core Debit: 2.33 Net Hedge Collected: $940 Revised Core Basis: 1.39

Let me save you the time of adding up the hedge numbers: $21,125.00
This represents net hedges including closed (netted for p/l) and open orders. I have definitely NOT seen this number filter down to the bottom line due to pullbacks in underlyings (RCL, CELG, FAS, MU). Also I’m keeping meticulous track now with hedge rounds on sales vs covers to see the average amount of premium retained. It’s roughly looking like 50%–but too soon to say with so many new entries on the list. These trades are still in their infancy as far as roll cycles. JPM and CELG have had the most rolls, many of them are still in their first or second roll cycle. I’m still very happy with how this program is going. Thanks for following along. Like I just said to my friend @MamaCash this morning….nuance hides under bushes until flushed out. So it will take a few more months for me to learn all the nuance behind these. I know @fuzzballl has the nuance nailed, but I have to tear things apart to the core.