Due to low IV, I’m moving to fuzzies for my core trades. On Friday, I closed my ratio trades: DIA FAS IWM PANW RHT SSO TQQQ TWTR XLY all for profit except TWTR. I was able to roll long call deltas down multiple times to collect income on most of these trades. It was a good run in July.
Opened new fuzzies yesterday, Aug24 expiration: DIA, IBB, IWM, QQQ, and SPY. Will reset these positions when core is double the debit paid.
Life is busy so not posting the specifics of all these trades. Most of you know the drill on income trades better than I do. Questions? Please ask.
Options Bistro 