Opening (IRA): TLT December 29th 91 Short Put

... for a .92 credit.

Comments: Laddering out, targeting the 16 delta strike wherever that lies in the expiry.

I may keep laddering out into 2024 on the notion that the Fed cuts rates at some future and currently unknown point in time, but liquidity in these tends to break down as you go further out in time ... .

Сделка закрыта вручную:

This move ... might be overdone. Closing here for a .32 debit. .60 ($60) profit. Still have Jan/Feb/March/April rungs on that I rolled out, along with Sept 94 covered calls.