Weekly Trading Report for Fri 12/30/22

Commentary

This week 3 CSP positions (XLE, XLI, XLV) closed at their profit targets in 8-10 days, 1 CSP position (ARKK) was assigned, and 4 new CSP's (QQQ, XLE, XLI, XLV) were established.

2022 was a tough year for the markets. Let's hope 2023 will be better.

Wishing everyone a Happy and Prosperous New Year!

The following is a summary of this week's trading activity.

ROI/AROI for closed positions represents total profit/loss. For all other positions ROI/AROI represents income received from premiums and dividends.

* denotes positions that were previously rolled/continued.

Closed CSP Positions

Stock	Opened	ExpDate	Closed	Days	Shrs	Strike	Margin	P/L	ROI	AROI
XLE	12/19/2022	1/27/2023	12/27/2022	8	100	$74	$7,400.00	$46.98	0.63%	28.97%
XLI	12/19/2022	1/27/2023	12/29/2022	10	100	$90	$9,000.00	$38.98	0.43%	15.81%
XLV	12/19/2022	1/27/2023	12/28/2022	9	100	$127	$12,700.00	$42.98	0.34%	13.73%

Assigned CSP Positions

Stock	Opened	ExpDate	Assigned	Days	Shrs	Strike	Invested	Premium	ROI	AROI
ARKK*	8/11/2022	1/20/2023	12/28/2022	139	400	$45	$18,000.00	$1,223.32	6.80%	17.85%

New CSP Positions

Stock	Opened	ExpDate	Days	Shrs	Strike	Margin	Premium	Target	T-Days	T-ROI	T-AROI
QQQ	12/30/2022	2/17/2023	49	100	$235	$23,500.00	$199.49	$109.72	15	0.47%	11.36%
XLE	12/28/2022	2/17/2023	51	100	$74	$7,400.00	$84.49	$46.47	15	0.63%	15.28%
XLI	12/30/2022	2/17/2023	49	100	$89	$8,900.00	$69.49	$38.22	15	0.43%	10.45%
XLV	12/28/2022	2/17/2023	51	100	$126	$12,600.00	$86.49	$47.57	15	0.38%	9.19%

Weekly Trading Report for Fri 12/23/22

Commentary

This week I had 2 CSP positions assigned (QQQ, XLY), 2 CC position's continued (IWM, SPY), and established 6 new long dated CSP's (DIA, XLB, XLE, XLI, XLV) with profit targets to continue testing this strategy. The new DIA 305 CSP closed in 2 days after reaching it's profit target.

Wishing everyone a Merry Christmas and Happy Holidays!

The following is a summary of this week's trading activity.

ROI/AROI for closed positions represents total profit/loss. For all other positions ROI/AROI represents premium received.

* denotes positions that were previously rolled/continued.

Closed CSP Positions

Stock	Opened	Closed	Days	Shrs	Strike	Margin	P/L	ROI	AROI
DIA	12/19/2022	12/21/2022	2	100	$305	$30,500.00	$107.98	0.35%	64.61%

Assigned CSP Positions

Stock	Opened	Assigned	Days	Shrs	Strike	Invested	Premium	ROI	AROI
QQQ*	7/8/2022	12/19/2022	164	100	$315	$31,500.00	$1,404.64	4.46%	9.92%
XLY*	7/8/2022	12/19/2022	164	100	$165	$16,500.00	$1,157.75	7.02%	15.62%

Continued CC Positions

Stock	Opened	ExpDate	Days	Shrs	Price	Strike	Invested	Premium	Credit	Total	ROI	AROI
IWM*	8/18/2022	1/27/2023	162	100	$185	$185	$18,500.00	$548.40	$135.49	$683.89	3.70%	8.33%
SPY*	8/18/2022	1/27/2023	162	100	$403	$403	$40,300.00	$693.36	$242.48	$935.84	2.32%	5.23%

New CSP Positions

Stock	Opened	ExpDate	Days	Shrs	Strike	Margin	Premium	Target	T-Days	T-ROI	T-AROI
DIA	12/19/2022	1/27/2023	39	100	$305	$30,500.00	$191.49	$114.89	15	0.38%	9.17%
XLE	12/19/2022	1/27/2023	39	100	$74	$7,400.00	$73.49	$44.09	15	0.60%	14.50%
XLI	12/19/2022	1/27/2023	39	100	$90	$9,000.00	$71.49	$42.89	15	0.48%	11.60%
XLV	12/19/2022	1/27/2023	39	100	$127	$12,700.00	$79.49	$47.69	15	0.38%	9.14%
DIA	12/23/2022	2/3/2023	42	100	$310	$31,000.00	$199.49	$119.69	15	0.39%	9.40%
XLB	12/23/2022	2/3/2023	42	100	$72	$7,200.00	$69.49	$41.69	15	0.58%	14.09%

Weekly Trading Report for Fri 12/16/22

Commentary

I've decided to limit the trading reports to one post per week on Friday's, or over the weekend. I will no longer post trades in real time and will no longer include the entire position history. Instead, the new weekly trading report will contain all of the trades for the week separated into sections. This will simplify things for me, take up less of my time, and still provide the information on my trades.

This week is the first expiration where I had positions since returning from hiatus. I had 8 CSP positions expiring this week with most of them being ITM. I closed 2 (DIA, QQQ), took assignment on 3 (IWM, SPY), and rolled 3 (IWM, QQQ, SPY). I used longer dated puts to roll the 3 CSP positions and was able to roll 2 of them to lower strikes (IWM, SPY), which freed up cash while still getting a net credit on the roll.

During the week we had a discussion on groups.io regarding longer dated CSP's (30-50 days) vs short term CSP's (14-15 days). I did a paper trade and found the two to be equivalent in terms of time decay. So, this week I established a CSP in SPY that's out 42 days and set a profit target of 55% of the premium in order to attempt to close it within 15 days. If this works out well, I'll change my trading plan to use longer dated CSP's with profit targets to close early.

The following is a summary of this week's trading activity.

ROI/AROI for closed positions represents total profit/loss. For all other positions ROI/AROI represents premium received.

* denotes positions that were previously rolled/continued.

Closed CSP Positions

Stock	Opened	Closed	Days	Shrs	Strike	Margin	P/L	ROI	AROI
DIA*	8/18/2022	12/14/2022	118	100	$330	$33,000.00	$539.85	1.64%	5.06%
QQQ	12/2/2022	12/16/2022	14	100	$274	$27,400.00	$106.49	0.39%	10.13%

Assigned CSP Positions

Stock	Opened	Assigned	Days	Shrs	Strike	Invested	Premium	ROI	AROI
IWM*	12/30/2021	12/14/2022	349	100	$200	$20,000.00	$980.00	4.90%	5.12%
IWM*	8/18/2022	12/16/2022	120	100	$185	$18,500.00	$548.40	2.96%	9.02%
SPY*	8/18/2022	12/16/2022	120	100	$403	$40,300.00	$693.36	1.72%	5.23%

Rolled CSP Positions

Stock	Opened	OldExp	NewExp	Days	Shrs	Strikes	Margin	Premium	Credit	Total	ROI	AROI
IWM	12/2/2022	12/16/2022	1/27/2023	56	100	$180/$178	$17,800.00	$113.49	$158.96	$272.45	1.53%	9.98%
QQQ*	8/18/2022	12/16/2022	1/27/2023	162	100	$295/$295	$29,500.00	$615.38	$187.87	$803.25	2.72%	6.13%
SPY	12/2/2022	12/16/2022	1/27/2023	56	100	$385/$360	$36,000.00	$110.49	$178.97	$289.46	0.80%	5.24%

New CSP Positions

Stock	Opened	ExpDate	Days	Shrs	Strike	Margin	Premium	Target	T-Days	T-ROI	T-AROI
SPY	12/16/2022	1/27/2023	42	100	$350	$35,000.00	$193.49	$106.42	15	0.30%	7.40%

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
IWM	12/2/2022	12/16/2022	14	100	$180.00	80%	$18,000.00	$113.49	0.63%	16.44%
QQQ	12/2/2022	12/16/2022	14	100	$274.00	88%	$27,400.00	$106.49	0.39%	10.13%
SPY	12/2/2022	12/16/2022	14	100	$385.00	88%	$38,500.00	$110.49	0.29%	7.48%
			14				$65,900.00	$216.98	0.33%	8.58%