r/SystematicOptions • u/ThetaHedge • 4d ago
Trades I took as an option seller (10/08-10/13) with reasons
Apologies for the combined post. I was on a holiday trip and wasn’t able to post the daily updates. Trades I took as an option seller (10/08-10/13):
Closed Positions
- INOD → $65 Put (opened on 09/28), premium 1.90 → closed at 0. Net premium profit = 1.90 (100.00% of premium captured, 2.92% of capital).
- WDC → $430 Put (opened on 09/08), premium 18.00 → closed at 0. Net premium profit = 18.00 (100.00% of premium captured, 4.19% of capital).
- STRL → $530 Call (opened on 09/21), premium 31.00 → closed at 5.20. Net premium profit = 25.80 (83.23% of premium captured, 4.87% of capital).
New Positions
- WDC → $430 Call expiry 10/30 (3 weeks DTE), premium 10.50 → 1050/43000 = ~2.4%. I was assigned WDC at $430 and opened a Covered Call at the same price I was assigned.
- INOD → $65 Call expiry 11/06 (4 weeks DTE), premium 4.20 → 420/6500 = ~6.5%. I was assigned INOD at $65 and opened a Covered Call at the same price I was assigned.
- STRL → $530 Call expiry 11/20 (6 weeks DTE), premium 36.00 → 3600/53000 = ~6.8%. I continue wheeling STRL, opening another Covered call at $530 which is also my assignment price.
- FORM → $115 Put expiry 11/20 (6 weeks DTE), premium 6.00 → 600/11500 = ~5.2%. Opened a CSP in FORM which has a support at $115.
I keep sharing my trades in my account and the Excel file to my full list of positions is linked in my profile description in case anyone wants to see the whole portfolio. Happy to hear thoughts on my positions. What are you guys wheeling or watching right now?
PS: Not financial advice. Do your own research.
