Friday, September 25, 2020

New Trades

The following Cash Secured Put (CSP) positions were established today. All prices include TD commissions.

StockPriceOptStrikeOTMProbOTMExpDateDaysMarginPremiumROIAROI
DIA $270.09 P $252.50 -6.51% 89% 10/9/2020 14$25,250.00 $91.48 0.36% 9.45%
QQQ $269.93 P $245.00 -9.24% 90% 10/9/2020 14$24,500.00 $104.48 0.43% 11.12%
SPY $326.98 P $302.00 -7.64% 90% 10/9/2020 14$30,200.00 $97.48 0.32% 8.42%

The following Bullish Seagull (Short Put + Long Call + Short Call) positions were established today. All prices include TD commissions.

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
QQQ 254/270/272 10/9/2020 14 81% $25,400.00 $104.45 0.41% 10.72%
QQQ 251/270/271 10/9/2020 14 85% $25,100.00 $111.45 0.44% 11.58%
SPY 309/327/328 10/9/2020 14 85% $30,900.00 $105.45 0.34% 8.90%
SPY 313/327/329 10/9/2020 14 79% $31,300.00 $95.45 0.30% 7.95%

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
QQQ 254/270/272 10/9/2020 14 45% $25,400.00 $304.45 1.20% 31.25%
QQQ 251/270/271 10/9/2020 14 45% $25,100.00 $211.45 0.84% 21.96%
SPY 309/327/328 10/9/2020 14 50% $30,900.00 $205.45 0.66% 17.33%
SPY 313/327/329 10/9/2020 14 50% $31,300.00 $295.45 0.94% 24.61%