ETF Ishares 20+ Year Treasury Bond
Largo
Actualizado

Opening (IRA): TLT Oct/Nov/Dec Short Put Ladder

140
Comments: Targeting the 16 delta strike here in successive expiries to generate free cash flow and emulate dollar cost averaging into 20 year+ maturity paper.

October 20th 89: .77 credit.

November 17th 87: .76 credit.

December 15th 86: .84 credit.

Since these aren't paying buckets of cash on a per contract basis, I'll look to manage these on extrinsic approaching worthless either by closing them out in profit or rolling for credit and duration to reduce my cost basis further.
Operación activa
Early randomly assigned on the 89 strike, resulting in a realized gain of .77 ($77).
Operación cerrada: objetivo alcanzado
Out of the December 15th 86 for .05; .81 ($81) profit.

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