Notes: Here, looking to acquire HYG lower, if at all, to potentially replace some lower-yielding TLT that is at all-time-highs.
Not as liquid as I would have liked, in spite of the fact that 30 million shares traded hands so far today.
Trade active
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The April rung expires worthless here. Will consider adding a rung back in on weakness.
Trade active
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Post-mopex, adding in some July 16 delta at the 67 strike for 1.30. Total credits collected of 6.95.
Trade active
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Pulling off the May 72 for .08, leaving me with the June 71 and July 67's. With 30-day IV at 25%, will wait to re-up rungs. Total credits collected of 6.87.
Trade active
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Out of the June 71's for .19, leaving me with the July 67's.
Comment
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Scratch at 6.68.
Trade closed manually
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And out of the July 67's for .25. Made 6.43 ($643) total per contract.