Sold IWM Jun$114/109 bull put spread

Market was falling in the last couple of days. With the overall uptrend intact and 200 DMA going up, I felt safe to enter a bull put spread on IWM Jun$114/109p for $0.52 credit with 50 DTE. At this time, IWM dropped outside the Bollinger band and to a prior low set 1 month ago. It seemed to rise after the touching. The short strike was of Delta 0.19 area and the strike price was below a couple of major resistance levels.

At this time, I still have one more position to entry to reach my entry margin limit. TLT may be close to its lower boundary now. I may sell some credits tomorrow if possible.  The XLE position has been flat since its entry about 2 weeks ago, as XLE moved sideways to slightly up. Selling another XLE bull put spread may be another option to benefit from its possible rise.

Sold XLE Jun$87/92 bear call spreads last Friday

To keep better track of my strategy of selling verticals at the edges, I'd like to start posting my trades here to keep more accountability for myself and seek inputs from others as well.

With full fund available for opening trades for a new option cycle, I reviewed my ETF candidates for entry at the trading hours on Friday. XLE was closest to the upper Bollinger band, since it rose about $8 from recent trough of $74. It had fallen from around $82.87 to $81.87 in the last couple of days. The next levels of resistances on my chart are $85.50 by 200DMA and $89 to $90 area. I decided to sell Jun$87/92c for a credit of $0.54 with 63 DTE. The short strike had Delta of 0.21/ITM probability of 19.35%. I'll adjust if XLE short strike delta reaches 0.65 and above.