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% |
