Weekly Sample Portfolio Update - Week 45

27일 전

Dear trading community,

Here is a look at my sample portfolio for Friday, November 8th, 2019.

IWM December 30 Delta Short Strangle

01. IWM Strangle - up  16 cents - 08.11.2019.png

source:tastyworks

On Friday, October 25th, 2019, I sold this position for a credit of $3.75. Only half of my normal size since IV is so low.
My profit target for this position is $1.60, so I'm going to close it, when it trades for $2.15 or at 21 DTE.
At the moment this position is 16 cents ($16 per one lot).




Going Inverted in IWM Short Straddle

02. IWM inverted Strangle  - down $5.30 - 08.11.2019.png

source:tastyworks

On Friday, August 23rd, 2019, I sold this call for a credit of $4.53.
On Thursday, September 26th, 2019, I rolled it up to the 147 strike and out to November for a credit of 69 cents.
On Friday, October 25th, 2019, I rolled it up to the 148 strike and out to December expiration and also added a short 148 put to reduce my short deltas.
On Friday, November 8th, 2019, my deltas got too short, so I rolled up my put into an inverted strangle for a credit of $1.22
My overall credit for this position is now $8.47.
No specific profit target, since this is all in defense mode.
At the moment this position is down $5.30 ($530 per one lot).

Rolling TLT December 30 Delta short Strangle into a Straddle

03. TLT Straddle - up 11 cents - 08.11.2019 .png

source:tastyworks

On Friday, October 25th, 2019, I sold this position for a credit of $3.02.
On Friday, November 8th, 2019, my short put got hit, therefore I rolled down my call into a straddle for a credit of $1.99.
My overall credit for this position is $5.01.
My profit target for this position hasn’t changed. It is still $1.28, so I'm going to close it, when it trades for $3.73 or at 21 DTE.
At the moment this position is up 11 cents ($11 per one lot).


QQQ December Synthetic Covered Put

04. QQQ Synthetic Covered Put - 08.11.2019.png

source:tastyworks

My synthetic basis on the covered put is $184.49, I have collected enough in credit in this position to have the chance to be profitable.
We'll see how and if this will work out.
This position acts as a hedge for my vega risk, so no specific profit target.


GLD December 30 Delta Strangle

05. GLD Strangle - up 85 cents - 08.11.2019.png

source:tastyworks

On Thuesday, October 22nd, 2019, I sold this position for a credit of $2.46.
My profit target for this position is $1.23, so I'm going to close it, when it trades for $1.23 or at 21 DTE.
At the moment this position is up 85 cents ($85 per one lot).

FXB December 30 Delta Strangle

06. FXB Strangle - up 97 cents - 08.11.2019.png

source:tastyworks

On Wednesday, October 16th 2019, I sold this position for a credit of $2.34.
My profit target for this position is $1.14, so I'm going to close it, when it trades for $1.20 or at 21 DTE.
At the moment this position is up 97 cents ($97 per one lot).


XLE December 30 Delta Strangle

07. XLE Strangle - up 17 cents - 08.11.2019.png

source:tastyworks

On Friday, October 25th,​ 2019, I sold this position for a credit of $1.71 only half my normal size, since IV is so low.
My profit target for this position is 71 cents, so I'm going to close it, when it trades for $1 or at 21 DTE.
At the moment this position is up 17 cents ($17 per one lot).


SPY Classic Put Diagonal

08. SPY Classic Put Diagonal - down 52 cents - 08.11.2019.png

source:tastyworks

On Thursday, October 24th,​ 2019, I bought this position for a debit of $2.35, but this is not my max loss, since there comes an additional $2 in margin requirement, so my max loss on this position is $4.35.
My profit target for this position is the price of the imbedded put spread at trade inception (= 63 cents).
So, I'm going to close this position, when I can sell it for 2.98 or when the front-month short put expires.
At the moment this position is down 52 cents ($52 per one lot).


Books Update

With the completion of my latest book, I have now a trilogy.
Cover.jpg

The first book is still available for a huge discount on Google Play, so buy as long as it is still cheap.
You can also buy it for $19.99 on iTunes, Amazon or Barnes and Nobel.
Thanks to all my readers for buying it.
If you like it, you would do me a great favor by writing a short review on amazon.


My second book is available for $5.99 on Amazon, Google and on Apple.
Thanks to all my readers for buying it.
If you like it, you would do me a great favor by writing a short review on amazon.
Cover (schwarz) klein.png


My third book is available on Amazon, Google and iTunes.

Cover Strategy Lessons klein.tiff

Have a great weekend,

Stephan Haller



Legal disclaimer: These are not trade recommendations. Options involve risk and are not suitable for all investors. The trades shown above are for educational purpose only.

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