October Positions

I finally got my last October spread to open executed today. So here are my positions for October expiry:

9/11 Sold $SPY Iron Condor 99/101/107/109 @ 1.07 credit

9/3 Bought $SPY Double Diagonal Oct/Nov 92/93/106/107 @ 1.74 debit

9/16 Bought $QQQQ 1-month Calendar Oct/Nov 42 Puts @ .60 debit

9/3 Bought $DIA Butterfly 87/93/99 Calls @ 1.91 debit

I'm still maintaining a 3-month campaign calendar (Sep/Dec 39 calls) initiated on August 10 @ 1.17, which will be counted towards November expiry. I've already rolled the short sept options into Oct for a .52 credit. On 9/16, I made an adjustment, adding an Oct/Dec 42 Call spread @ .93 debit.

On Sept. 15, I entered into a 3-month campaign calender (Oct/Jan Puts) @ 1.30 debit, which will be counted towards December expiry.

Thoughts:

This month, I've already made one adjustment, and as the market continues to rally, more adjustments will be necessary. It is becoming obvious to me that this month will be nothing like the last, where NO adjustments were necessary. Will be interesting to see how it plays out.

Current open positions

According to my plan (as described in the previous post), these are the positions I've established over the past week:

• 3-month Calendar in QQQQ: bought Dec/Sept 39 call spread @ 1.17
• Iron Condor in SPY: sold Sept 90/92/110/112 @ .35
• Butterfly in DIA: bought Sept 88/93/98 calls @ 1.65
• Double Diagonal in SPY: Oct/Sept 94/95/106/107 @ 1.18
• 1-month Calender in QQQQ: bought Oct/Sept 40 put spread @ .49

As adjustment are (inevitably) made, I will list them here.