The following Cash Secured Put (CSP) positions were closed. All prices include TD commissions.
| Stock | Price | Shrs | Opt | Strike | OTM | ProbOTM | ExpDate | Days | Margin | Premium | ROI | AROI |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| XLI | $76.88 | 100 | P | $73.00 | -5.05% | 83% | 10/13/2020 | 12 | $7,300.00 | $38.47 | 0.53% | 16.03% |
| XLK | $117.84 | 100 | P | $110.00 | -6.65% | 83% | 10/12/2020 | 11 | $11,000.00 | $70.97 | 0.65% | 21.41% |
The following Seagull positions were exercised/assigned. All prices include TD commissions.
| Stock | Strikes | ExpDate | Days | ProbITM | Margin | P/L | ROI | AROI |
|---|---|---|---|---|---|---|---|---|
| QQQ | 265/282/284 | 10/16/2020 | 21 | 55% | $26,500.00 | $279.30 | 1.05% | 18.32% |
| SPY | 265/282/284 | 10/16/2020 | 21 | 55% | $32,000.00 | $286.18 | 0.89% | 15.54% |
The following Jade Lizard positions were closed. All prices include TD commissions.
Both Call options in each Jade Lizard were ITM, and both Put options were OTM. I bought back the Put options when the Ask was less than $0.10. Two days later I bought back the Call spreads when the Ask was less than $1 (i.e. less than the width of the spread). Had I let them get exercised/assigned, each spread would have reduced the overall profit by $100 (i.e the width of the spread). By closing the positions early, the overall profit was reduced by $70-80, saving $20-30.
| Stock | Strikes | ExpDate | Days | ProbOTM | Margin | P/L | ROI | AROI |
|---|---|---|---|---|---|---|---|---|
| QQQ | 265/290/291 | 10/14/2020 | 19 | 70% | $26,500.00 | $148.42 | 0.56% | 10.76% |
| SPY | 265/290/291 | 10/14/2020 | 19 | 70% | $32,000.00 | $145.43 | 0.45% | 8.73% |
