August 17 After having sold our straddle on Aug 16 at 336, SPY gapped up on Monday to 338. We rolled to the same expiry for a strike of 338. This was profitable, losing $0.44/share on the call but gaining $1.08 /share on the puts. We knew we’d have to close this before end of […]
Archive for August, 2020
GLD – Milking My Rented Cow Day 4


GLD – Milking My Rented Cow – Day 3


GLD – A Proof of Concept Milking Rented Cows


SPY Milking Our Cow on August 13 and 14


IWM rolls 13 and 14 August


As seen in the graph above, IWM remained range bound in the last 2 days, fluctuating around 157. We optimized our positions for maximum theta decay by rolling every time the stock moved by $1.00. This sacrificed a bit of cash flow, but were brought in profits and optimized future profits. On the 13th we […]
IWM rolls 05 AUG – 12 AUG


SPY – 12 August Rolls


SPY continued to ride the Corona Express roller-coaster today, rising sharply after swooning 7 points in late trading yesterday. Looking at the technicals, I was convinced SPY would rally to 334, but drop from there to around 332 by the end of the week, and possibly lower to $329. Late on the 11th I believed […]
SPY – Summary of Rolls from 06 -11 August


The last few days have been a maelstrom of activity for me, recording new videos for the channel TradeJolt on Youtube, adding new credit card processing functionality to this website, and preparing the launch of a new blog dedicated to cryptocurrency finance, decryptofied.com. We’re also busy working away at an exciting new functionality to this […]
IWM – Aug 5 Rolls

