KB

I am sharing my portfolio situation and its evolution transparently every two weeks with all my patreons. It had been a moving 2 weeks. Below you find my portfolio parameters. Tastytrade portfolio : delta/theta ratio (27/53) = 1:2 Mexem portfolio…

I don’t expect a large and quick rebound in the coming weeks. So I will try to keep my deltas neutral as much as possible. I have adjusted my SMH and XLU strangle by rolling the call down, collecting more…

Last week was a very strange moving week, with the two day rally in the beginning of the week and then the crash-like drop on Friday.  $AMD Negative news for AMD with a decreased demand and a warning for earnings,…

I am still looking to add some new theta to my overall portfolio theta. With an IVR of 81.5 XLU, the Utilities Index ETF, was an interesting stock to open a new position. I have sold the strangle 61 P…

Today I am selling a short strangle XBI with 67P/97C with exp date 18 Nov for $2.18 credit, adding $7.3 positive theta.  I am really working towards my portfolio theta goals of 0,3 % of Net Liq or about $150…

Short strangle 95P/155C, exp 18/11 for $2.59 credit. Boeing is trading at $126 today after rising 4,5 % today. Because of the earnings call 26/10, I am aiming to take profit before that date. This positions gives 2.5 short delta,…

I need to add more theta this week to my portfolio with a slight short delta. Today I am adding a short strangle in MU, 40P-60C, exp date 18 Nov, receiving $1.43. This trades adds $5 daily decay and has…

EWZ is the Brazilian Shares ETF. With the overal rising market volatility, and Brazilian elections pumping up uncertainty, EWZ had an IVR above 90, making it an interesting candidate for a new position. I have sold one short strangle 26P…

The drop of stock prices make the option prices spike, it obviously gives a negative P/L , certainly if you positive delta, but it creates also a good opportunity to adjust positions with high credit premiums. And that is exactly…

I want to profit of the high IV this week by adding new position in IWM. The stock trades at $170 at this moment with a 73 IVR Putting on a short strangle 147P – 193C exp 18 Nov for…