Sample Portfolio Update - Putting April Positions On

[stehaller]

February 19th, 2019

Hi steemit community,

implied volatility is staying low, but I gotta put new positions on to collect some theta.
In order to not get wiped out by a vol expansion, I'm cutting my trade size in half.

TLT April Straddle

source:tastyworks

I sold this straddle for a credit of $3.33.
Like always, my profit target is the 16 delta strangle credit (69 cents).
So I'm going to close this position, when it trades for $2.64 or at 21 DTE.

GLD April Straddle

source:tastyworks

I sold this straddle for a credit of $4.14.
Like always, my profit target is the 16 delta strangle credit (88 cents).
So I'm going to close this position, when it trades for $3.26 or at 21 DTE.

FXE April 30 Delta Strangle

source:tastyworks

I sold this strangle for a credit of $1.09.
Like always, my profit target is the 16 delta strangle credit (50 cents).
So I'm going to close this position, when it trades for 59 cents or at 21 DTE.

XLE April Straddle

source:tastyworks

I sold this straddle for a credit of $4.08.
Like always, my profit target is the 16 delta strangle credit ($1).
So I'm going to close this position, when it trades for $3.08 or at 21 DTE.

IWM April 30 Delta Strangle

source:tastyworks

I sold this strangle for a credit of $3.50.
Like always, my profit target is the 16 delta strangle credit ($1.75).
So I'm going to close this position, when it trades for $1.75 or at 21 DTE.


I will give you a full update of my whole portfolio on Friday this week.

Books Update

An updated version of my first book, which contains three new chapters which could be game changers for a lot of traders, is available for several weeks now.

Everyone who has already bought it will get the update for free.
The updates are available on Amazon, Apple, Google and Barnes and Nobel.

It 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.

Interview with 10minutestocktrader.com

I was interviewed three weeks ago by the host of 10minutestocktrader.com Chris Uhl.
If you haven't watched the video yet, it is is available on Youtube:

The Podcast is available here:



Chris Uhl is a great host and I highly recommend subscribing to his channel.


Have a great week!
Stephan Haller