Dear trading community,
Here is a look at my sample portfolio for Friday October 11th 2019.
On Tuesday, September 24th 2019, I sold this position for a credit of $4.22.
This time only half the size, since IVR was low.
On Wednesday, October 2nd 2019, I had to roll down my call for a credit of $3.55, since my short put got hit.
My overall credit for this position is now $7.77.
My profit target for this position hasn't changed, it is still $1.92, so I'm going to close it, when it trades for $5.85 or at 21 DTE.
At the moment this position is down 4 cents ($4 per one lot).
On Friday, August 23rd 2019, I sold this call for a credit of $4.53.
On Thursday, September 26th 2019, I rolled it up to the 147 strike and out to November for a credit of 69 cents.
My overall credit for this position is $5.22.
No specific profit target, since this is a vega hedge.
At the moment this position is down 63 cents ($63 per one lot).
On Friday, September 27th 2019, I sold this position for a credit of $2.87.
My profit target for this position is $1.21, so I'm going to close it, when it trades for $1.66 or at 21 DTE.
At the moment this position is up 61 cents ($61 per one lot).
On Friday, September 27th 2019, I sold this position for a credit of $9.71.
On Tuesday, October 8th 2019, I closed it for a profit of $2.92 ($292 per one lot).
My synthetic basis on the covered put is $182.06, I have collected enough in credit in this position to have the chance to be profitable.
We'll see how and if this will work out.
On Monday, September 23rd 2019, I sold this position for a credit of $3.25.
On Wednesday, October 2nd 2019, I had to roll down my call for a credit of $1.71, since my short put got hit.
My overall credit for this position is now $4.96.
My profit target for this position is hasn't changed, it is still $1.80, so I'm going to close it, when it trades for $3.16 or at 21 DTE.
At the moment this position is up 3 cents ($3 per one lot).
On Monday, September 23rd 2019, I sold this position for a credit of $2.07.
On Wednesday, October 9th 2019, I closed it for a profit of 95 cents ($95 per one lot).
On Friday, September 27th 2019, I sold this position for a credit of $1.86.
On Wednesday, October 2nd 2019, I had to roll down my call for a credit of $1.45, since my short put got hit.
My overall credit for this position is now $3.31.
My profit target for this position is hasn't changed, it is still 81 cents, so I'm going to close it, when it trades for $2.50 or at 21 DTE.
At the moment this position is up 6 cent ($6 per one lot).
With the completion of my latest book, I have now a trilogy.
The first book is still available for a huge discount on Google Play, so buy as long as it is still cheap.
You can also buy it for $19.99 on iTunes, Amazon or Barnes and Nobel.
Thanks to all my readers for buying it.
If you like it, you would do me a great favor by writing a short review on amazon.
My second book is available for $5.99 on Amazon, Google and on Apple.
Thanks to all my readers for buying it.
If you like it, you would do me a great favor by writing a short review on amazon.
My third book is available on Amazon, Google and iTunes.
Have a great weekend,
Stephan Haller
Legal disclaimer: These are not trade recommendations. Options involve risk and are not suitable for all investors. The trades shown above are for educational purpose only.
