Opening (IRA): IWM October 18th 199 Monied Covered Call

2024년 8월 26일

... for a 196.80 debit.

Comments: Re-upping with a monied covered call in the October 18th cycle. I left some money on the table by taking profit early. However, I don't want to be as aggressive as I usually am from a delta standpoint, since I already made money in the cycle, albeit after somewhat of a rollercoaster July/August.

Instead of selling the -75 delta call against as I usually do, I'm selling the -84 against, resulting in a net delta metric of around 16. The 16 delta strike is associated with 2 x the expected move, which is why I'm choosing that short call strike ... .

Metrics:

Buying Power Effect/Break Even: 196.80
Max Profit: 2.20
ROC at Max: 1.12%
50% Max: 1.10
ROC at 50% Max: .56%

I'll generally look to take profit at 50% max; roll in-profit short call out if and when the setup converges on +30 delta.

2024년 9월 3일

액티브 트레이드

As with my QQQ and SPY, rolling the in-profit short call down and out to the November 15th 193 for a 7.14 credit (a credit that exceeds the amount of strike destruction). 189.66 break even; 3.34 max; 1.76% ROC at max; net delta 19.61.

2024년 9월 27일

노트

9/25 Dividend: $0.752193/share; $75.22/one lot. 188.91 break even (incl. dividends).

2024년 10월 11일

매매 수동청산

Closed for a 191.28 credit; 1.62 ($163) profit; 2.37 ($237) with dividends.