The following Bullish Seagull (Short Put + Long Call + Short Call) positions were established today. All prices include TD commissions.
I got distracted and bought/sold the wrong strike calls on the second SPY trade, which cost me about $30, which is why the credit was less than $100.
Minimum profit if all options are OTM at expiration (i.e above the short put and below the long call).
| Stock | Strikes | ExpDate | Days | ProbOTM | Margin | P/L | ROI | AROI |
|---|---|---|---|---|---|---|---|---|
| DIA | 265/281/282 | 9/25/2020 | 16 | 80% | $26,500.00 | $124.42 | 0.47% | 10.71% |
| QQQ | 258/278/281 | 9/25/2020 | 16 | 80% | $25,800.00 | $131.42 | 0.51% | 11.62% |
| QQQ | 250/278/279 | 9/25/2020 | 16 | 87% | $25,000.00 | $113.41 | 0.45% | 10.35% |
| SPY | 322/341/343 | 9/25/2020 | 16 | 80% | $33,344.05 | $139.38 | 0.42% | 9.54% |
| SPY | 314/340/342 | 9/25/2020 | 16 | 87% | $31,400.00 | $74.41 | 0.24% | 5.41% |
Maximum profit if both call options are ITM at expiration (i.e above the short call).
| Stock | Strikes | ExpDate | Days | ProbITM | Margin | P/L | ROI | AROI |
|---|---|---|---|---|---|---|---|---|
| DIA | 265/281/282 | 9/25/2020 | 16 | 49% | $26,500.00 | $224.42 | 0.85% | 19.32% |
| QQQ | 258/278/281 | 9/25/2020 | 16 | 49% | $25,800.00 | $431.42 | 1.67% | 38.15% |
| QQQ | 250/278/279 | 9/25/2020 | 16 | 52% | $25,000.00 | $213.41 | 0.85% | 19.47% |
| SPY | 322/341/343 | 9/25/2020 | 16 | 49% | $32,200.00 | $339.38 | 1.05% | 24.04% |
| SPY | 314/340/342 | 9/25/2020 | 16 | 51% | $31,400.00 | $274.41 | 0.87% | 19.94% |
