Expirations for 10/15

$DOCU Oct 15 260/250 bull put spread
$SAM Oct 15 460 puts
$TQQQ Oct 15 115 puts
$TQQQ Oct 15 105 puts
$TQQQ Oct 15 100 puts
$UVXY Oct 15 30/35 bear call spread
$UVXY Oct 15 32/37 bear call spread
$UVXY Oct 15 38/48 bear call spread
$SPXW Oct 15 4365/4335 bull put spread
$SPXW Oct 15 4370/4345 bull put spread
$SPXW Oct 15 4390/4355 bull put spread

OptionsExpiration

The relentless rebound from Monday’s low really ruined a potentially big week.
Had to roll too many calls.
It may be better next week.
==Expired==
AMC 10/15/2021 20/34 Bull Put Spreads
KOLD 10/15/2021 6.0 Diagonal Put
LABU 10/15/2021 80/58 Bear Call Spread
LABU 10/15/2021 90/58 Bear Call Spread
LABU 10/15/2021 49.0 Diagonal Put
TLRY 10/15/2021 9.0 Diagonal Puts
TNA 10/15/2021 50/82 Bull Put Spreads
TQQQ 10/15/2021 70/119 Bull Put Spread
TNA 10/15/2021 80/120 Bull Put Spread
VXX 10/15/2021 71/40 Bear Call Spread
VXX 10/15/2021 70/39 Bear Call Spread
VXX 10/15/2021 69/38 Bear Call Spread
VXX 10/15/2021 61/37 Bear Call Spreads
VXX 10/15/2021 60/36 Bear Call Spreads
VXX 10/15/2021 59/35 Bear Call Spreads
VXX 10/15/2021 55/34 Bear Call Spreads
VXX 10/15/2021 45/32.5 Bear Call Spreads
VXX 10/15/2021 29.0 Covered Calls
VXX 10/15/2021 28.5 Covered Calls
VXX 10/15/2021 28.0 Covered Calls

SPX weekend trade

Sold to open Oct 18 4495/4520 bear call spread @ 2.80

KWEB

#ShortPuts – First time in this. Tastytrade talking about it. Apparently an ETF of Chinese internet stocks. Had never heard of it so going out a little and staying small.

Sold KWEB NOV 19 2021 46.0 Puts @ 1.08

VXX Puts

Last trade today
Bought to Close VXX Oct 15 2021 22.5 Puts at $0.01

SPX trades

#SPX1dte Sold to Open $SPX Oct 18th 4380/4400-4515/4535 condors for 1.05, SPX at 4468, IV 8.6%, deltas -.07 +.07

Expiring: Oct 15th 4345/4365-4485/4505 condors, sold yesterday for .95

#SPX5dte Expiring at max credit of 20.00: Oct 15th 4385/4405 call spreads, bought Monday for 17.20. Puts sold yesterday for .80, so total profit of 3.60.

HOOD pre earnings

#ShortPuts – Staying small so far.

Sold HOOD OCT 22 2021 39.5 Puts @ .75

TQQQ

#TakeOneForTheTeam – I think it’s time. This might stir things up again.

Sold TQQQ OCT 22 2021 140.0/135.0 Bull Put Spreads @ 2.95

LABU

#ShortPuts – Adding.

Sold LABU OCT 22 2021 52.0 Puts @ 1.25

EWZ

#ShortPuts – Thought I posted this earlier. Taking well over half with 5 weeks to go.

Bought to Close EWZ NOV 19 2021 30.0 Puts @ .35 (sold for .95)
Bought to Close EWZ NOV 19 2021 31.0 Puts @ .55 (sold for 1.27)
Bought to Close EWZ NOV 19 2021 32.0 Puts @ .83 (sold for 1.66)

AMC Call Rolls

Bought to close 1 AMC Oct 15 2021 37 .0 Call / Sold to Open 1 AMC Oct 22 2021 37.0 Call at $0.41 Credit
Bought to close 1 AMC Oct 15 2021 38 .0 Call / Sold to Open 1 AMC Oct 22 2021 39.0 Call at $0.01 Credit plus a point better on the strike.
Bought to close AMC Oct 15 2021 39 .0 Calls / Sold to Open AMC Oct 22 2021 40.0 Calls at $0.38 Credit plus a point better on the strike.
Bought to close AMC Oct 15 2021 40 .0 Calls / Sold to Open AMC Oct 22 2021 43.0 Calls at $0.09 Credit plus 3 points better on the strike.

TSLA Roll into Earnings

Bought to close 1 TSLA Oct 15 2021 810.0 Diagonal Call / Sold to Open 1 TSLA Oct 22 2021 830.0 at $0.10 Credit.
Still holding my December 1000 long call position

TQQQ Rollups and Rollout

Bought to close 1 TQQQ Oct 15 2021 134.0 Call at $0.85. Sold on 10/11 at $1.12.
To replace it, Sold to Open 1 TQQQ Oct 22 2021 139.0 Call at $1.07 (5 points higher for next week)

And later —
Bought to close 1 TQQQ Oct 15 2021 125.0 Call / Sold to Open 1 TQQQ Oct 22 2021 125.0 Call at $0.77 Credit.
Bought to close 1 TQQQ Oct 15 2021 127.0 Call / Sold to Open 1 TQQQ Oct 22 2021 128.0 Call at $0.05 Credit plus an extra point on the strike price.
Bought to close 1 TQQQ Oct 15 2021 133.0 Call / Sold to Open 1 TQQQ Oct 22 2021 136.0 Call at $0.24 Credit plus an extra 3 points on the strike price.

TNA Call Rollups

Bought to close 1 TNA Oct 15 2021 90.0 Call / Sold to Open 1 TNA Oct 22 2021 92.5 Call at $0.16 Credit plus a 2.5 point bump up in the short strike.
Bought to close 1 TNA Oct 15 2021 90.5 Call / Sold to Open 1 TNA Oct 22 2021 94.0 Call at $0.11 Credit plus a 3.5 point bump up in the short strike.

SPX

STC 4350 call calendar for 1.1 at the open, a loss of 2.7 from that series. really should have taken that 40% overnight profit…

For the 4200 put calendar, the short leg will expire worthless, and will hold the long Oct 30 leg for now, may sell short dated or dump it next week.

BTO Nov-19-21 4250/4300/4350 Put BF, 1.75 , as a lotto trade, small position.

O TQQQ Put Close / LVS Call Roll / SQ BUPS Close / SNOW BUCS Close

#shortputs
$O BTC 10/15 70 put at .10. STO at .83
$TQQQ BTC 10/22 110 put at .19. STO at 2.00

#syntheticcoveredcalls
$LVS BTC 10/15 40 call and STO 10/22 41 call at added credit of .39. Stock at 40.39

#bups
$SQ BTC 10/15 230/240 BUPS at .10. STO at 3.20

#bucs
$SNOW STC 10/15 325/335 BUCS at $7.00. BTO at 3.90

Rolling SKLZ

Rolled $SKLZ short Oct 15 12.50 puts out to Nov 19 12.50 puts @ .30 credit.

-Original trade was short Sep 12.50 puts on 9/3 for 1.15
-Rolled from Sep to Oct on 9/15 for .51 credit
-Today’s roll Oct to Nov for .30 credit
Total credit received 1.96
Breakeven now 10.54 with the stock at 9.04

Markets

$703bn of single stock options will expire today (15-Oct), the 3rd highest notional for a non-January expiration.

2021-10-15_5-54-27

VXX Put Rolls

Bought to close VXX Oct 15 2021 23.5 Puts / Sold to Open VXX Oct 22 2021 23.5 Puts @ $0.31 Credit
Bought to close VXX Oct 15 2021 23.0 Puts / Sold to Open VXX Oct 22 2021 22.5 Puts @ $0.19 Credit plus an extra 0.50 improvement in the short strike.

KOLD Puts

Bought to close KOLD Oct 15 2021 7.0 Puts at $0.05. They won’t trade any lower.
Sold on 09/27 at $0.90 and again on 09/28 at $1.46.
I now have some free May 2022 Puts to write against for next month.

SPX closing call spreads

Getting eaten up on these this week. Taking them off for now and will look for roll opportunities into next week. Bought to close:
$SPXW Oct 15 4450/4480 bear call spread @ 18.00
$SPXW Oct 15 4455/4485 bear call spread @ 15.75
$SPXW Oct 15 4460/4495 bear call spread @ 13.50

GS LABU ROKU SPCE TSLA ZM

#ShortPuts #CoveredCalls #Earnings – A little bit of everything.

GS: Closing earnings play.
Bought to Close GS OCT 15 2021 397.5/392.5 Bull Put Spread @ 1.00 (sold for 3.00)

LABU: Small adds for next week leaving room to add more.
Sold LABU OCT 22 2021 53.0 Put @ 1.05
Sold LABU OCT 22 2021 53.5 Put @ 1.20
Sold LABU OCT 22 2021 54.0 Put @ 1.35

ROKU: Pre-earnings at the expected move and near recent lows.
Sold ROKU OCT 29 2021 300.0 Put @ 3.05

SPCE: Pre-earnings and playing for an oversold bounce. Sized to accept stock if needed.
Sold SPCE NOV 5 2021 25.0/20.0 Bull Put Spreads @ 3.32

TSLA:Expiring.
675.0 Put (sold for 2.45)

ZM: Covered.
Bought to Close ZM OCT 15 2021 275.0 Call @ .05 (sold for 5.20)
Sold ZM OCT 29 2021 267.5 Call @ 6.10

#soxl sto 29 OCT 21…

#soxl

sto 29 OCT 2021 44.5 CALL @.80

LABU Call Rollups

Bought to close 1 LABU Oct 15 2021 55.0 Call/ Sold to Open 1 LABU Oct 22 2021 58.0 Call at $0.05 Credit plus a 3 point bump in the short strike.

Bought to close 1 LABU Oct 15 2021 57.0 Call at 0.45. Sold on 10/11 at $0.92.
To replace it I sold 1 LABU Oct 22 2021 61.0 Call at $0.70.

VXX Calls

Bought to close VXX Oct 15 2021 28.0 Calls at $0.01. Sold these on 10/11 at $0.24 and $0.25

VXX1 Puts

With the drop in VXX this morning I’m liquidating some more long, profitable VXX pre-split Puts left over from ancient #VXXContango spreads.
Sold to close VXX1 Jan 21 2022 5.0 Puts at $0.52 (equal to strike 20 Puts at $2.08)
Bought these in the fall of 2020.
I have more that I will try to sell even higher.

SOXL TQQQ Put Close / INMD WYNN Call Roll

#shortputs
$SOXL BTC 10/15 40 put at .26. STO at 2.25.
$TQQQ BTC 10/22 90 put at .05. STO at 1.35. Thank you @jsd501

#coveredcalls #syntheticcoveredcalls
$INMD BTC 10/15 77.50 call and STO 11/19 82.50 call at added credit of .80. Stock at 85.18
$WYNN BTC 10/22 89 call and STO 10/29 95 call at debit of of 2.00. Stock at 91.64

GS earnings

#BullPutSpreads #Earnings – A low risk directional shot.

Sold GS OCT 15 2021 397.5/392.5 Bull Put Spread @ 3.00

LABU

#ShortPuts – A tiny partial for next week to give Mr. Market some incentive. Still trading near the bottom of it’s range.

Sold LABU OCT 22 2021 52.5 Puts @ 1.12

TQQQ

#ShortPuts – Have some that are 60-90 percent of max with quite a few weeks left so taking them on the big up move.

Bought to Close TQQQ OCT 29 2021 105.0 Put @ .51 (sold for 2.40)
Bought to Close TQQQ OCT 29 2021 110.0 Put @ .79 (sold for 2.60)
Bought to Close TQQQ NOV 5 2021 105.0 Put @ .98 (sold for 2.70)
Bought to Close TQQQ NOV 5 2021 110.0 Put @ 1.40 (sold for 3.15)
Bought to Close TQQQ NOV 12 2021 105.0 Put @ 1.49 (sold for 3.00)
Bought to Close TQQQ NOV 12 2021 110.0 Put @ 1.99 (sold for 4.00)
Bought to Close TQQQ NOV 19 2021 90.0 Put @ .88 (sold for 3.25)
Bought to Close TQQQ NOV 19 2021 90.0 Put @ .87 (sold for 3.25)

VXX Puts rolled

Bought to close VXX Oct 15 2021 24.0 Puts / Sold to Open VXX Oct 22 2021 23.5 Puts at $0.02 Net Credit.
Gained $0.50 on the short strike

Downside Warning canceled

#VIXindicator So we never got much of a drop but it certainly was choppy for a few weeks. $VIX closes tomorrow and Monday below 18.49 will mean an Upside Warning.

Closing AMAT

Bought to close $AMAT Nov 19 120 puts @ 1.69. Sold for 3.56 on 10/1.

SPX trades

#SPX7dteLong Bought to Open $SPX 4415/4435-4445/4465 condors for 15.75, with SPX at 4438.

#spx1dte

HOOD LABU SOXL SPOT TQQQ

#ShortPuts – Taking a lot of risk off here. Sure looks like S&P is running right up to resistance. Let’s hope the 50 day rejects the rally. LOL

HOOD:Still nice premium in this one and very liquid.
Bought to Close HOOD OCT 15 2021 38.0 Puts @ .18 (sold for .95)
Bought to Close HOOD OCT 15 2021 39.0 Puts @ .26 (sold for 1.25)
Bought to Close HOOD OCT 15 2021 40.0 Puts @ .43 (sold for 1.65)
Bought to Close HOOD OCT 15 2021 41.0 Puts @ .90 (sold for 2.00)

LABU: Another great week here.
Bought to Close LABU OCT 15 2021 50.0 Puts @ .10 (sold for 1.39)
Bought to Close LABU OCT 15 2021 51.0 Puts @ .10 (sold for 1.72)
Bought to Close LABU OCT 22 2021 45.0 Puts @ .21 (sold for 1.00)
Bought to Close LABU OCT 22 2021 47.5 Puts @ .36 (sold for 1.57)

SOXL: My biggest position. Reducing size a little.
Bought to Close SOXL OCT 15 2021 37.0 Put @ .10 (sold for 2.00)
Bought to Close SOXL OCT 15 2021 38.0 Puts @ .20 (sold for 2.15)
Bought to Close SOXL OCT 15 2021 39.0 Puts @ .38 (sold for 2.05)
Bought to Close SOXL OCT 15 2021 40.0 Puts @ .65 (sold for 2.15)
Bought to Close SOXL OCT 15 2021 41.0 Puts @ 1.00 (sold for 2.30)

SPOT: Earnings week after next.
Bought to Close SPOT OCT 15 2021 220.0 Put @ .10 (sold for 3.20)

TQQQ: Thinning the herd.
Bought to Close TQQQ OCT 15 2021 110.0 Put @ .05 (sold for 2.30)
Bought to Close TQQQ OCT 15 2021 115.0 Put @ .09 (sold for 2.18)
Bought to Close TQQQ OCT 22 2021 110.0 Puts @ .28 (sold for 2.20 and 2.50)

Adding another SPX position

Sold to open $SPXW Oct 15 4335/4365/4455/4485 iron condor @ 4.05, short puts 14∆ short calls 16∆

SPX adjustment

Rolled $SPXW Oct 15 4285/4260 bull put spread up to 4370/4345 for 1.65 credit. Short puts 16∆. Paired with 4420/4445 bear call spread which is being tested this morning.

AMC & LABU Calls

Sold AMC Oct 15 2021 40.0 Diagonal Calls at $0.79
Sold LABU Oct 15 2021 58.0 Diagonal Calls at $0.73
#OnlySpreads

VXX1 Puts

With the drop in VXX this morning I’m liquidating some more long, profitable VXX pre-split Puts left over from ancient #VXXContango spreads.
Sold to close VXX1 Jan 21 2022 5.0 Puts at $0.46 (equal to strike 20 Puts at $1.84)
Bought these in the fall of 2020 at $0.13, $0.14 and $0.15.
I have more that I will try to sell even higher.

SPX

Closed Oct-18-21 4380/4330/4240/4050 put ratio spread for $1 credit.

The position was opened on 9/17 for $36.05 credit. So a total of 37 credit with break even around 4240.

I started trading this strategy for my IRA account in Aug, so far, it has weathered the market reasonably well. I generally wait for a pullback to enter a trade 30 days out, and close around 4 DTE or if can collect another $, not waiting for that seductive perfect pin on expiration day ;-). haven’t had a loser among the dozen trades closed so far, knocking on the wood.

Still like BWB, IC, and Calendar when opps knock. Other than GLD and SLV holdings, I have gradually allocated most of my IRA account to this strategy.

Will post if I have any new observations, but won’t post every trades here to bore you.

Expired

#optionsexpiration
$SPX 4280/4300/4435/4415 IC. STO at 3.00. Inspiration by @ramie77

SPX calendar roll

Rolled the short leg of the Oct-18-21 4350/Oct-13-21 4350 Call Calendar to Oct-15(AM), for 12.6 credit,

The remaining calendar’s net cost 3.75.

LABU,

BTC January 21, 40 put at 3.58, sold at 3.71, all the moving averages are trending down so I decided to raise cash.

Closing BBY

Bought to close $BBY Nov 19 95 puts @ .54. Sold for 1.42 on 9/22.

SPX iron condor for Friday PM expiration

Sold $SPXW Oct 15 4260/4285/4420/4445 iron condor @ 4.15. Short puts 14∆ short calls 13∆.

VZ Stock

Added to my position at another new low of $51.00
#SP500 #FallingKnife

TNA Strangle

Sold TNA Oct 15 2021 82.0 Puts at $0.78
Sold TNA Oct 15 2021 90.5 Calls at $0.39
#OnlySpreads

VXX1 Puts

Liquidating some long, profitable VXX pre-split Puts left over from ancient #VXXContango spreads.
Writing against them at this point makes no sense and they are very illiquid to boot.
Sold to close VXX1 Jan 21 2022 5.0 Puts at $0.41. (equal to strike 20 Puts at $1.64)
Bought these in the summer of 2020 at $0.27 and $0.29.
I have more at lower cost that I will try to sell higher.

AMC Strangle

Sold AMC Oct 15 2021 34.0 Puts at $0.26
Sold 1 AMC Oct 15 2021 37.0 Call at $1.04
Sold 1 AMC Oct 15 2021 38.0 Call at $1.27
#OnlySpreads

SLV Calls

Sold SLV Oct 15 2021 21.5 Calls at $0.07
Sold SLV Oct 22 2021 22.0 Calls at $0.11

TQQQ Put Close

#shortputs
$TQQQ BTC 10/22 100 put at .30. STO at 2.17.

SOXL Put UPST Call Roll / SNAP BUPS Close

#shortputs
$SOXL BTC 10/15 40 put and STO 10/22 39 put at even

#coveredcalls
$UPST BTC 10/15 320 call and STO 10/22 335 call at debit of 2.65. Stock at 329.40

#bups
$SNAP BTC 10/15 60/70 BUPS at .10. STO at 1.25

ALB SNAP Put Close

#shortputs
$ALB BTC 10/15 220 put at 1.90. STO at 7.56 on 9/17
$SNAP BTC 10/15 70 put at .10. STO at 1.67. Thank you @ramie77 for the idea.

SQQQ

Sold 1 SQQQ Oct 15 2021 8.5 Covered Call at $0.30

Closing SPX IC

Bought to close $SPXW Oct 13 4295/4320/4450/4480 iron condor @ 5.15 for 1.05 loss (sold for 4.10 yesterday) with SPX showing weakness into the close.

BABA pre earnings

#ShortPuts – Sold BABA OCT 29 2021 150.0 Put @ 2.50

CTXS FIS GPN LW T

The broad averages are not showing it, but this is the most number of #SP500 stocks to hit new lows in a while.
All of these are currently paying dividends too.
Bought CTXS at $92.14
Bought FIS at $115.00
Bought GPN at $149.75
Bought LW at $55.00
Bought T at $25.83
Tiny buys – #FallingKnife trades

New SPX IC

Sold to open $SPX Oct 15 (AM) 4250/4275/4430/4455 iron condor @ 4.15. Short puts 12∆, short calls 13∆. Expiration is Friday morning (for all intents and purposes Thursday end of day).

SPX

BTO Oct-18-21 4350/Oct-13-21 4350 Call Calendar @16.35 – a bet that SPX will hang around this 50+/- range

BTO Oct-18-21 4200/Nov-05-21 4200 Put Calendar @ 30.5 – there is a large void of OI for puts between Oct/Nov monthlies, below 430 for SPY. A few times to roll, and good RR, for a few weeks of protection.

TQQQ,

BTC October 15, 90 put at .05, sold at 1.25
The market seems to fade a lot in the afternoon these days. We seem to be in a corection or the start of a bear market. Time will tell.

SPX trades

#SPX7dteLong Sold to close $SPX Oct 13th 4415/4395 put spreads for 16.75. Still holding call side. Condors bought for 16.85 last Thursday. In the recent volatility I have been letting these expire, but after yesterday’s drubbing I need to return to closing these on swings.

#spx1dte

SPX expiration

$SPXW Oct 11 4430/4455 bear call spread expired for full profit. Sold for 2.40 on Friday at the close.

VZ

BTO $VZ Jan Oct-29 55 calendar 0.56

Adding to my existing VZ position, started a few weeks ago.

VXX Call

Puts sold this morning, Calls this afternoon
Sold VXX Oct 15 2021 28.0 Covered Calls at $0.23, $0.24 and $0.25
Sold VXX Oct 15 2021 28.5 Covered Calls at $0.22 & 0.23
Sold VXX Oct 15 2021 29.0 Covered Call at $0.21

SPX trades

#SPX7dteLong Bought to Open $SPX Oct 15th 4355/4375-4385/4405 condors for 17.20, with SPX at 4384.

#spx1dte

SPX 10/13

Sold $SPXW Oct 13 4295/4320/4450/4480 iron condor @ 4.10, short puts 13∆, short calls 12∆

LABU Call

Sold 1 LABU Oct 15 2021 57.0 Diagonal Call at $0.92 replacing the 54 Calls that expired Friday

Closing SNAP

Bought to close $SNAP Oct 15 70 puts @ .25. Sold for 1.61 on 9/21.

SPX

BTC 2nd half of $SPX Oct-15-21 (AM) 4300/4275/4525/4550 Iron Condor @1.8, STO @8.35 late Sept

Also closed a few put ratio trades expiring this week, collected more than 90% initial credits on them.

VZ Stock

Bought a bit of this high yield #SP500 stock at a new low of $53.19.
#FallingKnife

TNA

Sold 1 TNA Oct 15 2021 90.0 Diagonal Call at $1.05 replacing the 88.0 Call that expired Friday.
The new strike is above last week’s high.

SPY Put Close

#shortputs
$SPY BTC 10/15/2021415 put at .20. STO at 3.04. Thank you @fuzzballl

VXX Puts

Some new #VXXContango trades.
Bought to open VXX Jan 20 2023 5.0 Puts / Sold to Open VXX Oct 15 2021 24.0 Puts at $0.05 Credit
Long DTE = 466
Short DTE = 4

Bought to open VXX Nov 19 2022 5.0 Puts / Sold to Open VXX Oct 15 2021 23.5 Puts at $0.05 Credit
Long DTE = 403
Short DTE = 4

SQQQ SLV

Sold 1 SQQQ Oct 22 2021 9.0 Covered Call at $0.23.
Sold SLV Oct 15 2021 21.5 Covered Calls at $0.09

TQQQ

Sold 1 TQQQ Oct 15 2021 134.0 Diagonal Call at $1.12 replacing calls expired on Friday.
The strike is above last week’s high.