Weekly Sample Portfolio Update - Week 42

Dear trading community,

Here is a look at my sample portfolio for Friday October 18th 2019.

IWM November Short Straddle

source:tastyworks

On Tuesday, September 24th 2019, I sold this position for a credit of $4.22.
This time only half the size, since IVR was low.
On Wednesday, October 2nd 2019, I had to roll down my call for a credit of $3.55, since my short put got hit.
My overall credit for this position is now $7.77.
My profit target for this position hasn't changed, it is still $1.92, so I'm going to close it, when it trades for $5.85 or at 21 DTE.
At the moment this position is up 32 cents ($32 per one lot).

IWM November Short Call

source:tastyworks

On Friday, August 23rd 2019, I sold this call for a credit of $4.53.
On Thursday, September 26th 2019, I rolled it up to the 147 strike and out to November for a credit of 69 cents.
My overall credit for this position is $5.22.
No specific profit target, since this is a vega hedge.
At the moment this position is down $1.85 ($185 per one lot).

TLT November 30 Delta Strangle

source:tastyworks

On Friday, September 27th 2019, I sold this position for a credit of $2.87.
My profit target for this position is $1.21, so I'm going to close it, when it trades for $1.66 or at 21 DTE.
At the moment this position is up 79 cents ($79 per one lot).

QQQ November Synthetic Covered Put

source:tastyworks

My synthetic basis on the covered put is $182.06, I have collected enough in credit in this position to have the chance to be profitable.
We'll see how and if this will work out.

GLD November Short Straddle

source:tastyworks

On Monday, September 23rd 2019, I sold this position for a credit of $3.25.
On Wednesday, October 2nd 2019, I had to roll down my call for a credit of $1.71, since my short put got hit.
My overall credit for this position is now $4.96.
My profit target for this position is hasn't changed, it is still $1.80, so I'm going to close it, when it trades for $3.16 or at 21 DTE.
At the moment this position is up 78 cents ($78 per one lot).

New FXB December 30 Delta Strangle

source:tastyworks

On Wednesday, October 16th 2019, I sold this position for a credit of $2.34.
My profit target for this position is $1.14, so I'm going to close it, when it trades for $1.20 or at 21 DTE.
At the moment this position is up 4 cents ($4 per one lot).

Closing XLE November Short Straddle

source:tastyworks

On Friday, September 27th 2019, I sold this position for a credit of $1.86.
On Thursday, October 17th 2019, I closed it for a profit of 79 cents ($79 per one lot).

Books Update

With the completion of my latest book, I have now a trilogy.

The first book 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.



My third book is available on Amazon, Google and iTunes.

Have a great weekend,

Stephan Haller

Legal disclaimer: These are not trade recommendations. Options involve risk and are not suitable for all investors. The trades shown above are for educational purpose only.