Weekly Sample Portfolio Update - Week 12

in #options6 years ago

Hi Steemians,

here is my weekly sample portfolio update for Friday, March 22nd, 2019.

A lot happened today in the markets, so first let's have a look at some charts.

Bond Markets

We see an inversion in US yields:
US Yields.png
Image Source: CNBC.com

Yield Curve.png
Image Source: CMEGroup.com

German 10 year yields went negative:
German Yields.png
Image Source: CNBC.com

Bond futures spiked accordingly:
ZB.png

source:tastyworks

Eurodollar Futures spiked, too:
GE.png

source:tastyworks

So did implied volatility in bonds:
TYVIX.png

source:tastyworks

Index Futures:

A big sell off in S&P 500, Nasdaq and especially in the Russell 2000:

S&P 500 Future:
ES.png

source:tastyworks

Nasdaq 100 Future:
NQ.png

source:tastyworks

Russell 2000 Future:
RTY.png

source:tastyworks

Volatility Indices:

VIX:
VIX.png

source:tastyworks

RVX:
RVX.png

source:tastyworks

Now let's have a look at my sample portfolio:

XLE May 30 Delta Strangle

01. XLE Strangle - up 17 cents - 22.03.2019.png

source:tastyworks

I sold this strangle for a credit of $2.05 (just a small position).
As always for higher delta strangles, my profit target is still 16 delta strangle credit ($1).
So I'm going to close this position, when it trades for $1.05 or at 21 DTE.
At the moment this position is up 17 cents ($17 per one lot).

GLD Inverted Strangle

02. GLD Inverted Strangle - down 31 cents - 22.03.2019.png

source:tastyworks

My overall credit for this position is $5.59.
Since this inverted strangle is 5 points wide, the max I can make is 59 cents ($59 per one lot)
I probably will close this position, when I'm able to scratch it or at 21 DTE.
At the moment this position is down 31 cents ($31 per one lot).

Closing IWM April Straddle

03. Closing IWM Straddle - Profit $43 - 22.03.2019.png

source:tastyworks

I closed this position today for a profit of $43 per one lot.

New IWM May 30 Delta Strangle

04. IWM May 30 delta strangle - $3.66 credit - profit target $1.71 - 22.03.2019.png

source:tastyworks

I sold this strangle earlier today for a credit of $3.66 today.
My profit target as always is the 16 delta strangle credit ($1.71).
So I'm going to close this position when it trades for $1.95 or at 21 DTE.
At the moment this position is down 52 cents ($52 per one lot).

Closing RUT Put Calendar Spread

02. Closing RUT put calendar - $11.65 credit - 60 cents profit - 22.03.2019.png

source:tastyworks

I closed this position for a profit of $60 per one lot today.

Closing SPX Put Calendar Spread

05. Closing SPX Calendar - profit $85 - 22.03.2019.png

source:tastyworks

I closed this position today for a profit of $85 per one lot.

QQQ May Straddle Assignment:

As expected I was assigned short stock on this position on Monday.
Today I sold a put against it and created a covered put.

06. QQQ covered put - basis 161.29 - 22.03.2019.png

source:tastyworks

My basis of this position is $161.29.
At the moment I'm down $20.94 ($2,094).
So I have a lot of puts to sell against this position, until I'm back to even.

New TLT May Straddle

01a. TLT Straddle - down 71 cents - 22.03.2019.png

source:tastyworks

On Monday March 18th, 2019 I sold this straddle for a credit of $3.32 (just a small position).
As always for higher delta strangles, my profit target is the 16 delta strangle credit (75 cents).
So I'm going to close this position, when it trades for $2.75 or at 21 DTE.
At the moment this position is down 71 cents ($71 per one lot).

New SPY May Aggressive Short Delta Strangle

SPY Aggressive Short Delta Strangle - $8.08 credit - profit target $2.98 - 22.03.2019.png

source:tastyworks

My regularly readers know the deal:
When IV spikes you need short deltas.
I sold this position today for a credit of $8.08.
As always for higher delta strangles, my profit target is the 16 delta strangle credit ($2.98 cents).
So I'm going to close this position, when it trades for $5.10 or at 21 DTE.

New IWM May ATM Short Call

08.IWM Short ATM Call - $4.72 credit - profit target $2.08.png

source:tastyworks

A little more short deltas for my portfolio.
As I keep stressing in my books:
Instead of selling more contracts, move your strikes closer to the money.

I sold this call today for a credit of $4.72.
My profit target for this position is the 16 delta strangle credit ($2.08 cents).
So I'm going to close this position, when it trades for $2.64 or at 21 DTE.

Books Update

An updated version of my first book, which contains three new chapters which could be game changers for a lot of traders, is available for several weeks now.
Cover.jpg

Everyone who has already bought it will get the update for free.
The updates are available on Amazon, Apple, Google and Barnes and Nobel.

It 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

Interview with 10minutestocktrader.com

I was interviewed several weeks ago by the host of 10minutestocktrader.com Chris Uhl.
If you haven't watched the video yet, it is is available on Youtube:
Screen Shot 2019-02-08 at 3.47.56 PM.png

The Podcast is available here:
Screen Shot 2019-02-08 at 4.29.34 PM.png


Chris Uhl is a great host and I highly recommend subscribing to his channel.

Forbes Article

Three weeks ago author John Tamny quoted me in Forbes Magazine.
Forbes Stephan Haller.jpeg

Have a great weekend!
Stephan Haller

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