Closed (Small Account): SPY September 30th 409/414 SPV*
... for a .26 debit.
Comments: In for a .53 credit (See Post Below); out here at 50% max via a good until cancelled order. .27 ($27) profit/6% ROC with 34 days to go. Still have the October 15th 408/413 on.
With SPY 30-day at 16.1%, I'll probably wait until another VIX>20 print before adding. With these small accounts, you don't have a ton of cash to play with, so you want to be a little more selective with your entries.
Month Beginning Net Liquidity: 2359.23
Current Net Liquidity: 2564.28
Minus Additions: -100.00
Net Liquidity Excluding Additions: 2464.28
Month to Date Gain: 4.45%
Year to Date Gain: 8.34%
* -- Short Put Vertical.
Comments: In for a .53 credit (See Post Below); out here at 50% max via a good until cancelled order. .27 ($27) profit/6% ROC with 34 days to go. Still have the October 15th 408/413 on.
With SPY 30-day at 16.1%, I'll probably wait until another VIX>20 print before adding. With these small accounts, you don't have a ton of cash to play with, so you want to be a little more selective with your entries.
Month Beginning Net Liquidity: 2359.23
Current Net Liquidity: 2564.28
Minus Additions: -100.00
Net Liquidity Excluding Additions: 2464.28
Month to Date Gain: 4.45%
Year to Date Gain: 8.34%
* -- Short Put Vertical.
