Rolling (IRA): ARKK Oct 15th 100 Short Put to Nov 19th 104
... for a 1.50/contract credit.
Comments: With the 100's at greater than 50% max (they're worth .84 here), rolling out to the November monthly for a realized gain and a credit. The implied isn't as good as it was, but is still >35%; otherwise, I'd just leave it alone or take profit and move on. Relatedly, since the implied isn't fantastically great, keeping my units the same instead of adding, keeping buying power free for a higher volatility environment.
Total credits collected of 3.52 (See Post Below) + 1.50 = 5.02 versus a current short put value of 2.38, so I've realized profits of 5.02 - 2.38 = 2.64 ($264)/contract so far.
Comments: With the 100's at greater than 50% max (they're worth .84 here), rolling out to the November monthly for a realized gain and a credit. The implied isn't as good as it was, but is still >35%; otherwise, I'd just leave it alone or take profit and move on. Relatedly, since the implied isn't fantastically great, keeping my units the same instead of adding, keeping buying power free for a higher volatility environment.
Total credits collected of 3.52 (See Post Below) + 1.50 = 5.02 versus a current short put value of 2.38, so I've realized profits of 5.02 - 2.38 = 2.64 ($264)/contract so far.
