Options Update – closing 2 winners; Portfolio now has positive value

Today I was able to close to winning trades including one debit spread.

IWM – 1 day trade; I took this one off a bit early since it was a debit spread. When it hit 25% of the debit I decided to take some profits.

Here is the option chain.

iwm debit spread winner 6-29-17

Option Trade Stats:

Duration:  1
Credit: $-80
Buying power reduction: $80
Profit: $20
Fees: $2.58
Profit after fees: +$17.42
Profit as a percentage of buying power reduction: +21.7%

I also was able to close a winning trade in SPY, closing the position at 39% of max profit. It was nearing the 21 days to expiration mark and had been going against me for most of the 35 duration. I also was hungry to take some profits while having so much good fortune lately.

Here is the option chain for the opening and closing.

spy credit spread winner 6-29-17

SPY option trade states

Duration: 35 days
Credit: $64
Buying power reduction: $136
Profit: $25
Fees: $2.58
Profit after fees: +$22.42
Profit as a percentage of buying power reduction: +16.4%

I had another great day with the portfolio gaining $111 in value. Which now has a positive value of $38.

portfolio positions and greeks 6-29-17

Here is my Net Liquidation and Buying Power.

net liquidation and buying power 6-29-17

The portfolio total net liquidation is looking good.