Tuesday, December 15, 2020

New Trades

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

Stock Opened ExpDate Days Shrs Strikes ProbOTM Margin P/L ROI AROI
XLB 12/15/2020 12/31/2020 16 100 $67.00 81% $6,700.00 $34.48 0.51% 11.74%
XLI 12/15/2020 12/31/2020 16 100 $83.00 89% $8,300.00 $33.48 0.40% 9.20%
XLK 12/15/2020 12/31/2020 16 100 $118.00 85% $11,800.00 $53.48 0.45% 10.34%
XLP 12/15/2020 12/31/2020 16 100 $65.00 82% $6,500.00 $26.48 0.41% 9.29%
XLV 12/15/2020 12/31/2020 16 100 $107.00 85% $10,700.00 $40.48 0.38% 8.63%

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 12/15/2020 12/31/2020 16 100 287/306/308 85% $28,700.00 $52.45 0.18% 4.17%
SPY 12/15/2020 12/31/2020 16 100 350/369/371 85% $35,000.00 $59.45 0.17% 3.87%

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 12/15/2020 12/31/2020 16 100 287/306/308 49% $28,700.00 $252.45 0.88% 20.07%
SPY 12/15/2020 12/31/2020 16 100 350/369/371 48% $35,000.00 $259.45 0.74% 16.91%

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 12/15/2020 12/31/2020 16 100 287/317/318 85% $28,700.00 $174.45 0.61% 13.87%
SPY 12/15/2020 12/31/2020 16 100 350/378/379 85% $35,000.00 $175.45 0.50% 11.44%

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 12/15/2020 12/31/2020 16 100 287/317/318 26% $28,700.00 $74.45 0.26% 5.92%
SPY 12/15/2020 12/31/2020 16 100 350/378/379 30% $35,000.00 $75.45 0.22% 4.92%