Weekend ideas

TNA

#ShortPuts – Once again couldn’t quite get this one over the finish line. Try again next week…

Rolled TNA JUL 02 2020 27.5 Puts to JUL 10 2020 27.5 Puts @ 1.15 credit (2.85 total now)

OPTION EXPIRATIONS: 7/2/20, all below…

OPTION EXPIRATIONS: 7/2/20, all below expired worthless except as noted.

APT 21.5 CALLS STO @.90
NCLH 16.0 PUTS STO @1.35 Rolled out last week.
PLAY 12.5 PUTS STO @.25
PLAY 17.5 CALLS STO @.45
SWBI 17.0 PUTS STO @.40
SWBI 20.0 CALLS STO @.38 Stock will be called
WFC 24.5 PUTS STO @.46
WFC 27.0 CALLS STO @.39
AAL 13.0 CALLS STO @.60
AAL 13.5 CALLS STO @.49
Happy Holiday to all.

OptionsExpiration

Expired:
AAL 07/02/2020 13.0 Covered Call
KSS 07/02/2020 21.0 Diagonal Calls
SLB 07/02/2020 20.0 Covered Calls
SLB 07/02/2020 22.0 Diagonal Calls
SQQQ 07/02/2020 9.0 Covered Calls
SQQQ 07/02/2020 9.50 Covered Calls
VXX 07/02/2020 42.0 Diagonal Calls
VXX 07/02/2020 44.0 Diagonal Calls
VXX 07/02/2020 46.0 Diagonal Calls
WFC 07/02/2020 29.50 Covered Calls

Assignments:

None – my timing sucked on rolling my VXX short Puts, but I’ll make it up by next Friday

Expirations etc

OX NFLX 420/430 #BuPS – Was STO @1.13 on 6/24
Rolled SLB Jul-02-2020 $20 #CoveredCalls // Jul-10-2020 $19 @0.32 Credit, but lower strike. Basis is $16.23.
OX SPX Jul-02-2020 3190/3200 #BeCS – STO @1.00 this morning, thanks @Jeff !!
OX Work Jul-02-2020 $34 #Covered Call – was STO @1.33 on 6/19. Replaced with Jul-10-2020 $31.5 @ 0.48

Happy 4th.

SPX trades

#SPX7dte Bought to Open $SPX July 10th 3125/3145-3155/3175 condors for 17.00, with SPX at 3148.

#SPX1dte #RiskReversal – going for a bullish trade given the low $VIX
Sold $SPX June 6th 3060/3040 put spreads for .80
Bought $SPX June 6th 3215/3235 call spreads for .50
Placed as one trade for .30 credit. IV 14%, SPX 3141, put short delta -.09, call long delta +.04

Expiring: June 2nd 3190/3210 call spreads, sold this morning for 1.20.

VXX last roll

With less than an hour until expiration I decided not to chance riding this out to the bitter end –
Bought to close 07/02/2020 32.0 Puts / Sold 07/10/2020 29.0 Puts @ 0.05 Credit plus 3.00 lower strike for next week.

All my puts are rolled now and my 42,44,46 short calls will expire.

Ready for the next pullback in the market now.

NKLA Iron Fly

Over on OMM they’re getting filled on this trade. Took it in a a couple of accounts. Seems impossible:
Filled on $NKLA 8/21 45/55/65 iron butterfly for 10.40 credit. You read that right. Credit exceeding the wing width. Can’t figure out how that happened, I’ve never seen it before.

VXX Rolldown Puts

Bought to close VXX 07/02/2020 32.50 Puts / Sold VXX 07/10/2020 30.50 Puts @ 0.04 Credit plus 2.00 better strike.
Stock is 31.65

WBA Rollup

Bought to close WBA 07/02/2020 42.0 Covered Calls/ Sold WBA 07/10/2020 42.50 Covered Call @ 0.89 Credit
#Earnings on 07/09