Yesterday rolled EOG 115/120 #fuzzy out to 36 DTE for 0.51 credit. Cb now 7.66
Today XBI #fuzzy 80/90 rolled down to 85 and out to 29 DTE for 0.49 credit. Cb 16.54 now
Have some expiring tomorrow but with the volatility they are holding on to their premium. EXPE 125/126 short puts on a #fuzzy are sitting ATM and still traing for 0.90 and 1.90. With 10 contracts want to capture a lot more of that decay before I roll.
The hedges worked well, the uptick certainly helps but finally starting to take some profits out of the 12k of premium I had sold over the last 3-4 weeks. Another week or 2 and all that premium should find it’s way to my accounts as long as we don’t implode again.
Once VIX settles down will put the SPX hedges back on. New personal rule, anytime VIX is 12.5 or under will keep SPX hedge on. Maybe 1-2 times a year have a winning lottery ticket. This year would have paid out twice, Feb and now!