Sold 1 SPX for 195 points below futures price. The new margin requirements are strict, hopefully there won’t be a liquidation at market open.

Well, IBKR liquidated my position although it was nowhere close to being ITM. I have to accumulate enough wealth for portfolio margin.

Sold 8 XSP instead. Sucks, but at least I can sell some premium.

Sold 2 SPX for 115 points below futures price and 2 SPX for 200 points above futures price.

Managed to squeeze in one XSP as well.

Wild swings going in and out of the money. Going to be fun today.

It happened. The small premium didn’t save me today, and I took a hit. Fortunately, it didn’t set me back several months. Now onwards to recovery.

Sold 2 SPX and 1 XSP for 90 points below futures price and 2 SPX for 120 points above futures price.

Put strike was breached, now to see how to minimize the loss.

Aftermath: made a good call on exiting, would have been worse in assignment. Sold another put to take advantage of elevated premiums and recovered some of the damage. Tomorrow’s premiums look juicy after today’s 1.65% drop.

Rolling would’ve been a bad idea, even besides IBKR’s overnight exposure fee. Rolling into tomorrow would’ve still been ITM, and rolling to Monday is not enough OTM (and result in 4 nights of exposure).

Overall, I lost all gains since the previous loss, but nothing further. Looks like a choppy road ahead, which is time to collect good premiums. Looks like fear will rule the market for a while.