Thursday, February 4, 2021

New Trades

The following Seagull (CSP + Bull Call Debit Spread) positions were established today. All prices include TD commissions.

Profit if all options are OTM at expiration (i.e above the short put and below the long call).

Stock Opened ExpDate Days Shrs Strikes ProbOTM Margin P/L ROI AROI
QQQ 2/4/2021 2/19/2021 15 100 314/330/332 81% $31,400.00 $54.45 0.17% 4.22%
SPY 2/4/2021 2/19/2021 15 100 370/386/388 83% $37,000.00 $51.45 0.14% 3.38%

Profit if both call options are ITM at expiration (i.e above the short call).

Stock Opened ExpDate Days Shrs Strikes ProbITM Margin P/L ROI AROI
QQQ 2/4/2021 2/19/2021 15 100 314/330/332 45% $31,400.00 $254.45 0.81% 19.72%
SPY 2/4/2021 2/19/2021 15 100 370/386/388 45% $37,000.00 $251.45 0.68% 16.54%

The following Jade Lizard (CSP + Bear Call Credit Spread) positions were established today. All prices include TD commissions.

Profit if all options are OTM at expiration (i.e above the short put and below the long call).

Stock Opened ExpDate Days Shrs Strikes ProbOTM Margin P/L ROI AROI
QQQ 2/4/2021 2/19/2021 15 100 314/341/342 81% $31,400.00 $175.45 0.56% 13.60%
SPY 2/4/2021 2/19/2021 15 100 370/395/396 83% $37,000.00 $171.45 0.46% 11.28%

Profit if both call options are ITM at expiration (i.e above the short call).

Stock Opened ExpDate Days Shrs Strikes ProbITM Margin P/L ROI AROI
QQQ 2/4/2021 2/19/2021 15 100 314/341/342 26% $31,400.00 $75.45 0.24% 5.85%
SPY 2/4/2021 2/19/2021 15 100 370/395/396 28% $37,000.00 $71.45 0.19% 4.70%