Sample Portfolio Update - Putting April Positions On
options·@stehaller·
0.000 HBDSample Portfolio Update - Putting April Positions On
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  <center>**source:**tastyworks</center> 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**. <br> ## GLD April Straddle  <center>**source:**tastyworks</center> 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**. <br> ## FXE April 30 Delta Strangle  <center>**source:**tastyworks</center> 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**. <br> ## XLE April Straddle  <center>**source:**tastyworks</center> 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**. <br> ## IWM April 30 Delta Strangle  <center>**source:**tastyworks</center> 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**. <br> I will give you a full update of my whole portfolio on Friday this week. <br> ## 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](https://play.google.com/store/books/details?id=LXV0DwAAQBAJ), so buy as long as it is still cheap. You can also buy it for **$19.99** on [iTunes](https://itunes.apple.com/us/book/id1436443812), [Amazon](https://www.amazon.com/dp/B07HDWRRQ3) or [Barnes and Nobel](https://www.barnesandnoble.com/w/if-you-can-order-a-pizza-you-can-trade-a-mechanical-approach-to-options-trading-stephan-haller/1129792853?ean=2940161717721). 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. <br> My second book is available for **$5.99** on [Amazon](https://www.amazon.com/dp/B07KVNVQXZ), [Google](https://play.google.com/store/books/details?id=9Zh7DwAAQBAJ) and on [Apple](https://itunes.apple.com/us/book/id1444520033). 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.  <br> ## 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**: [](https://youtu.be/Dfgg5xHeM1U) The Podcast is available here: [](https://anchor.fm/christopher-uhl/episodes/If-You-Can-Order-A-Pizza-You-Can-Trade-with-the-Author--Stephan-Haller-SteHaller-e34gp2) <br> **Chris Uhl** is a great host and I highly recommend subscribing to his channel. <br> Have a great week! Stephan Haller