Rolled some 910c 02/19 to 900c 02/26 yesterday. That roll brought all my CCs to same strike and expiration.
Today I then rolled all of my 900c 02/26 down to 860c 02/26; clipped a lot of cumulative premium when I did that as these were primarily the calls I’ve been rolling since 12/31. Feels good to be off of that ladder!
On the puts side of my strangles, rolled 850p 02/19 to 850p 03/05 for a $8 credit. Just as I climb off the CC ladder, I start climbing the puts ladder. That credit also gave me enough to add 100 shares to the pile. Haven’t done that yet as I’m running close to margin maintenance right now and moving cash to shares will tip the scales.
Overall a small gain this week and now carrying two weeks of cumulative put premium, which once that unwinds will be a nice pick up.
Would love to close in the 800s again!
Today I then rolled all of my 900c 02/26 down to 860c 02/26; clipped a lot of cumulative premium when I did that as these were primarily the calls I’ve been rolling since 12/31. Feels good to be off of that ladder!
On the puts side of my strangles, rolled 850p 02/19 to 850p 03/05 for a $8 credit. Just as I climb off the CC ladder, I start climbing the puts ladder. That credit also gave me enough to add 100 shares to the pile. Haven’t done that yet as I’m running close to margin maintenance right now and moving cash to shares will tip the scales.
Overall a small gain this week and now carrying two weeks of cumulative put premium, which once that unwinds will be a nice pick up.
Would love to close in the 800s again!