Hello Steve,
I’m not sure I understand exactly what is needed. Please reach me at jeff@optionboxer.com if the following doesn’t help.

1. (line item 1) Put was sold – mark open – $100 credit entered into the credit column
2. (line item 1) Put was assigned – mark assigned open – nothing will be entered into the debit column. The premium from the short put is yours and there isn’t a cost to buy it back.
3. (line item 2) Call was sold – mark open – $xxx credit entered into the credit column
4. (line item 2) Call was exercised – mark exercised – nothing will be entered into the debit column. The premium from the short call is yours and there isn’t a cost to buy it back.
5. (line item 1) Change “assigned open” to “assigned closed” – nothing more will be entered into the debit/credit columns

If I’m understanding correctly, the calculations will handle the purchase and sell of shares at the strike prices entered. If I’m not, feel free to reach out with a screenshot of any issues you’re seeing and I’ll provide more detail.

God bless,
Jeff

Put was sold – mark “Open” initially: CR Option Sale Price, say $100 hypothetically)

Put was assigned – change marking from “Open” to “Assigned Open” (while the shares are held): Do add the sale Proceeds to the CR Above? E.g. Sold stock for $1000 + Put Sale = $1100?

Call was sold – mark “Open”: (CR Call Sale)

Call was later exercised – mark “Exercised” (No change to the call)

Return to the corresponding put – mark “Assigned Closed”: Do I add the value of the sale above to the DB column in the original transaction?

Thanks

Hi Brent,
Yes it does. To close an open put/call just enter the debit/credit and mark as closed. To roll an option is just the close of one and the open of another. To account for that you’ll enter the debit/credit and mark closed, then enter new contract details to a new line item. Hopefully that helps but reach out if needed.
God bless,
Jeff

You’re welcome! Technically it will but you’ll have to enter the totals rather than the per spread value. For example, if you sold two contracts for a $1.00 credit each. Simply enter the credit as $2.00 to account for both spreads. It’s not the best but I did make a new iron condor sheet that works much better and that can be found on the Optionboxer webstore if you’re interested. Hope it helps.
God bless,
Jeff

I thought the same when I started but imo the baby version was very similar to the larger rhino with different dollar amounts. That said, SPY probably isn’t the ideal candidate either. Something like IWM would probably do far better. However, I personally struggle to find trades there that begin with a structure I like. It’s possible, but market conditions need to line up. I find with SPY I can get a trade I like most any time.
God bless,
Jeff

Thank you for sharing. What I’ve experienced with my latest baby rhino trades is the adjustments override any profit potential. The market, for whatever reason, doesn’t ebb and flow quite the same as I feel it used too. The trend just beats up these trades. So, to answer your question, I agree, the performance hasn’t been there for me either.
God bless,
Jeff