With the current market volatility, I've decide to stick with these sector ETF's rather than individual stocks for now. I'm trying a new strategy of laddering Case Secured Puts (CSP) at lower strikes with expirations that are 1 week apart. Each week, as each one expires, I'll add another rung on the ladder.
The following Cash Secured Put (CSP) positions were established today. All prices include IB commissions.
| Stock | Price | Opt | Strike | OTM | Delta | ProbOTM | ExpDate | Days | Invested | Premium | ROI | AROI |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| XLK | $96.16 | P | $90.00 | -6.41% | 12 | 88% | 5/29/2020 | 10 | $9,000.00 | $33.49 | 0.37% | 13.58% |
| XLK | $96.16 | P | $89.00 | -7.45% | 15 | 85% | 6/5/2020 | 17 | $8,900.00 | $59.90 | 0.67% | 14.45% |
| XLK | $96.16 | P | $88.00 | -8.49% | 16 | 84% | 6/12/2020 | 24 | $8,800.00 | $76.90 | 0.87% | 13.29% |
| XLK | $96.16 | P | $87.00 | -9.53% | 16 | 84% | 6/19/2020 | 31 | $8,700.00 | $94.90 | 1.09% | 12.84% |
| XLV | $100.56 | P | $96.00 | -4.53% | 13 | 87% | 5/29/2020 | 10 | $9,600.00 | $28.27 | 0.29% | 10.75% |
| XLV | $100.56 | P | $95.00 | -5.53% | 15 | 85% | 6/5/2020 | 17 | $9,500.00 | $59.27 | 0.62% | 13.40% |
| XLV | $100.56 | P | $94.00 | -6.52% | 16 | 84% | 6/12/2020 | 24 | $9,400.00 | $48.27 | 0.51% | 7.81% |
| XLV | $100.56 | P | $93.00 | -7.52% | 15 | 85% | 6/19/2020 | 31 | $9,300.00 | $68.27 | 0.73% | 8.64% |
