Option Portfolio Update: Second Earnings loser – Getting back mechanical – Closed 1 winner

Today I closed 1 winner and my second losing earning play. This one was a lower probability Iron Fly. I took the max loss of $60.

macys-earning-losing-earnings-play

Here is the winner I was able to close – IWM

IWM winner

Duration: 17 days
Credit: $29
Buying power reduction: $71
Profit: $14
Fees: $2.58
Profit after fees: $11.42
Profit as a percentage of buying power reduction: +14.4%

With this Macy’s play and a few days ago NVDA earnings going against me  – I’m going to deposit $250 to account for those losses and I’m going to stick to my non-earnings play for the foreseeable future.

Options Portfolio Positions and Greeks:

all option positions and greeks 5-12-17

Options Portfolio Net Liquidation and Buying Power: (includ. $250 deposit)

net liqudation and buying power