IRA – IWM Monthly Short Strangle
November 30th, 2009, 3:40 pm EST. Posted under Individual Retirement Account (IRA) by ThetaTrader.
Post Tags: , IWM, OPEN
12/15/2009 – ThetaOptions IRA Portfolio – IWM Diagonal Adjustment w Butterfly
In order to save this diagonal we have issued a quick butterfly, something we were trying to avoid. However, the goal is to let the first part expire worthless, even if we have to spend a little more cash. Our next part to this trade involves a back/Ratio
Filled Order:
Buy To Open: (1) IWM DEC 09 61/62/63 CALL Side Butterfly @.29
Position: Our position shifted a little more bearish from last time.


December 18th, 2009 at 11:22 am
This trade has been updated to include multi-pages for each trade adjustment in order to follow it’s progress throughout the entire year.
- ThetaTrader
January 25th, 2010 at 12:41 pm
01/25/2010 – FEB Trade Adjustment
We’re lowering the strangle strike pattern to 64/57.
Filled Orders:
BOT +1 VERTICAL IWM 100 FEB 10 59/57 PUT @.30 debit.
SOLD -1 VERTICAL IWM 100 FEB 10 64/65 CALL @.26 credit
February 5th, 2010 at 2:08 pm
02/05/2010 – Trade Adjustment
We’re buying back the short caller for 0.05 debit.
Filled Order:
BOT +1 IWM 100 FEB 10 64 CALL @.05 debit
February 8th, 2010 at 10:13 am
02/08/2010 – Trade Adjustment
Sold MAR 62 short caller for 0.75 credit
Filled Order:
SOLD -1 IWM 100 MAR 10 62 CALL @.75 credit
February 16th, 2010 at 3:35 pm
02/16/10 – 3:32 est
We bought back the FEB IWM 57 short PUT today.
Filled Order:
BOT +1 IWM 100 FEB 10 57 PUT @.03 debit
Note: Now we have the (1) MAR 62 short caller that is already ATM!