Rolled my May MCD puts into June. I was happy with the execution even though everything else with this play went the wrong way. I'm +delta on MCD so unfortunately if the MCD does go up, IV will go down along with it. The May/June 125 put spread is ~$2.20. If I can get half of that this time next month with my setup, I'll it'll be quite a recovery.
I sold another SPY straddle with a different expiration. So right now, I have SPY straddles that expire on June 10 and 17 and a QQQ straddle that expires June 3. I intend to keep writing these with differing expirations to spread out the risk.
I bought a diagnoal in AAPL today as well (June 92.5P/July 95P). IV is very low and I'm just looking for a quick downward which will help the vertical part of the diagonal as well as the +vega component of the spread. All with +theta as well. So hopefully it'll hit the front-month strike in the next 4 weeks when I can take a profit.
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