OptionsExpiration

EXPIRED:
VXX 12/04/2020 18.50 Diagonal Calls
VXX 12/04/2020 20.00 Diagonal Calls
VXX 12/04/2020 20.50 Diagonal Calls
VXX 12/04/2020 21.00 Diagonal Calls
VXX 12/04/2020 21.50 Diagonal Calls

GILD 12/04/2020 Short Put
INTC 12/04/2020 Short Put

ASSIGNMENTS:
INTC 12/04/2020 47.50 Covered Call (Stock cost 45.51)

Expiration

#optionsexpiration

$GOOGL 1760/1775 BUPS STO at $7. Thank you @ramie77
$SNOW 265/270 BUPS Earnings Trade STO at 1.45
$MRNA 122 Put
$TLRY 8.50 put
$TLRY 10 Call STO this morning at .23. My inner @iceman got the better of me
$NVAX 150 call (Covered)
$PFE 147 call (Covered)
$SPX 3595/3615/3750/3730 SPX 1 DTE (AKA The JEFF). Thank you @jeffcp66 STO at $1.00

#assignment

Maybe
$MRVL 43.5 put. Stock closed at $43.365

VXX Puts – last roll

Bought to close VXX Dec 04 2020 17 Puts Net Credit at $0.02.
Sold these on 11/24, 11/25, and 11/27 at 0.28, 0.27 and 0.44.

Replaced them with an equal number of short VXX Dec 11 2020 16 Puts at $0.10.

Done for the day.

SPY Rollup

Bought to close to Close SPY Dec 04 2020 367.0 Call / Sold to Open SPY Dec 11 2020 370.0 Call at $0.25 Credit plus 3 more points on the short strike and above the all-time high set earlier today.

TQQQ Finally got a fill…

TQQQ Finally got a fill on the expiration of today. BTC 150 put at .01, sold at 2.06

TDOC TQQQ

#ShortPuts – Taking some risk off after nice runs…

Bought to Close TDOC DEC 24 2020 170.0 Put @ .90 (sold for 2.96)

Never got a chance to add to these:

Bought to Close TQQQ DEC 18 2020 90.0 Put @ .21 (sold for 2.25)
Bought to Close TQQQ DEC 18 2020 95.0 Put @ .24 (sold for 2.05)

SPX 1-dte

#SPX1dte Sold to Open $SPX Dec 7th 3590/3610-3740/3760 iron condors for 1.00, SPX at 3687, IV 10.5%, deltas: -.06,+.06.

#shortputs RIOT Sold Jan. 15,…

#shortputs RIOT

Sold Jan. 15, 7 put for 1.11
#tastytradefollow

VXX Weekly Put roll

Bought to Close VXX Dec 04 2020 17.5 Puts / Sold to Open VXX Dec 11 2020 17.0 Puts at $0.12 Credit plus a 0.50 lower strike.
The 17.50 short puts were the short side of a #VXXContango special from 11/23.

That just leaves the Dec 04 2020 17.0 Puts left to cover. They are currently out of the money with VXX at 17.10 but I don’t think VXX stays up here into the close.

But at least I have ALL the short 12/04/2020 calls from my VXX strangles expiring today.

LAZR

#ShortPuts – Taking well over half in a day. Still plenty of time for a pullback to sell Jan again…

Bought to Close LAZR JAN 15 2021 12.5 Puts @ .28 (sold for .60)
Bought to Close LAZR JAN 15 2021 15.0 Puts @ .59 (sold for 1.25)

SNOW post earnings

#JadeLizards – Sure seems like it’s due for a rest. Selling put side outside the expected move and call side inside the expected move. Only going out a week…

Sold SNOW DEC 11 2020 330.0/400.0/405.0 Jade Lizard @ 6.00

DOCU call spread post-earnings

$DOCU looks to be getting all tuckered out from all the earnings excitement and looks to be needing a little break. Sold 12/18 260/270 bear call spread @ 1.90 with the stock at 244.80.

Today’s candle kinda resembling a tombstone doji, with the current pricenot too far from the lows/bottom of the AM post-earnings gap. IV rank is 33.

TLRY CALL

#coveredcalls

$TLRY STO 12/4 10 call at .20

EXAS BUCS Closed / NVDA Put Closed / MRVL TSCO Puts Rolled

#bucs

$EXAS STC 1/15/21 90/100 BUCS at 9.50. BTO 1/14/2020 at 4.80. Patience young Jedi.

#shortputs

$NVDA BTC 12/18 450 put at .40. STO at 4.10. Thank you @fuzzballl and @jsd501
$MRVL BTC 12/4 44 put and STO 12/11 44 put at added credit of .65
$TSCO BTC 12/11 141 put and STO 12/18 140 put at a debit of .40. Would gain $1 if assigned.

#closing #shortputspread NVDA Nov. 19,…

#closing #shortputspread NVDA
Nov. 19, sold Dec. 18, 455/465 for 1.40, bought today for .26.

VXX Weekly Put roll

Bought to Close VXX Dec 04 2020 18 Puts / Sold to Open VXX Dec 11 2020 17.5 Puts at $0.02 Credit
Sold the 18.0 puts at $1.05 while rolling down the 18.50 puts for a 0.19 credit last Friday and covered those this morning at $0.93.
So in 2 weekly rolls I’ve lowered the short strike a full point while still taking in a bit more $CASH

SE, BTC December 18, 180…

SE, BTC December 18, 180 put at 2.10, I sold these yesterday at 5.10 so decided to take the profit

OSTK

#ShortPuts – Letting stock get called away for a small profit. Replacing with these…

Sold OSTK DEC 18 2020 55.0 Puts @ 1.60
Sold OSTK DEC 18 2020 54.0 Put @ 1.25
Sold OSTK DEC 18 2020 53.0 Put @ 1.05

DOCU Earnings

#ShortPuts #Earnings #OneNightstand – Book it…

Bought to Close DOCU DEC 18 2020 205.0 Put @ .67 (sold for 3.60)

#coveredcalls AAL #shortstrangles CCL AAL…

#coveredcalls AAL #shortstrangles CCL

AAL bought 100 shares, sold Dec. 18, 17 call for 15.55, AAL is around 16.30
CCL sold Jan. 15, 17.50/30 strangle for 1.46
#tastytradefollow

JKS #earnings STO 18 Dec…

JKS #earnings
STO 18 Dec 50P for 1.45
Earnings on Dec 7

TQQQ, BTC December 4, 130…

TQQQ, BTC December 4, 130 put at .01, sold at 1.41

SFIX BuPS#earnings STO 11 Dec…

SFIX BuPS#earnings
STO 11 Dec 34/32 for .64
Earning on 7 Dec

VXX Puts

Bought to close Buy to Close VXX Dec 04 2020 16.5 Puts at $0.01. They won’t trade any lower.

Part of a #VXXContango special from 11/24.
I now own some VXX June 7.0 puts for free.

November Jobs Report

#Jobs — pace of job growth slows; gains lower than expected

Gain of +245,000 non-farm payroll jobs, vs. expected 440K gain
Unemployment at 6.7%, down by 0.2%, as expected
U6 unemployment at 12.0%, down by 0.1%
Labor force participation 61.5%, down by 0.2
Avg hourly earnings +0.3% vs +0.1% expected

Oct jobs revised down by -28K to +610K
Sept jobs revised up by +39K to +711K

MPC BABA PYPL Puts Closed

#shortputs

$MPC BTC 12/18 32.5 put at .10. STO .95
$BABA BTC 12/11 250 put at 1.40. STO 3.30 Thank you @fuzzballl aka LAZR MAN.
$PYPL BTC 12/18 170 put at .20. STO 1.65 Thank you @thomberg1201

SPACs

Sure seems like a scam but what do I know. This is how LAZR went public…

https://stockmarketmba.com/pendingspacmergers.php

#shortputspread AMZN Sold Jan. 15,…

#shortputspread AMZN

Sold Jan. 15, 3040/3050 for 3.33.

VXX Diagonal Calls

Bought to Open VXX Mar 19 2021 55 Calls / Sold to Open VXX Dec 18 2020 20 Calls $0.03 Credit.

With the long calls out in March, there will be multiple opportunities to sell against it.

DOCU Earnings

#ShortPuts #Earnings – Going out a couple weeks again for this one similar to SNOW yesterday.

Sold DOCU DEC 18 2020 205.0 Put @ 3.60

UVXY

#BullPutSpreads – This might be crazy but pretty low risk if I have to take stock. Figured I should have some sort of a tiny hedge for the month.

Sold UVXY DEC 31 2020 13.0/11.0 Bull Put Spreads @ 1.48

LAZR again

#ShortPuts – Bumping it up to a half position. Saving the rest hoping these take some heat later on.

Sold LAZR JAN 15 2021 15.0 Puts @ 1.25

SNOW post earnings

#ShortPuts – Just a quickie out a couple weeks down by the 50ma and at the expected move.

Sold SNOW DEC 18 2020 265.0 Put @ 3.20

#rolling SNAP #coveredcalls GPRO SNAP…

#rolling SNAP #coveredcalls GPRO

SNAP Rolled Dec. 4 covered 46 call to Dec. 11 for .63 SNAP is at 48.
GPRO sold Dec. 18 9 calls for .27, GPRO is a little over 8.

SPX 7-dte

#SPX7dteLong Sold to close $SPX Dec 4th 3620/3640 call spreads for 17.75. Iron condors bought Monday for 16.45. Will look to sell put spread if we go lower. Also happy to be safely in profit before #Jobs report in the morning.

Bought to Open $SPX Dec 9th 3645/3665-3675/3695 iron condors for 15.85, with SPX at 3669.

WBA

We don’t need no stinkin’ badges

…… I mean Amazon drugs

wba 12-03-2020

#closing TLRY #shortputs Nov. 10,…

#closing TLRY #shortputs

Nov. 10, sold Dec. 18, post earnings 6 put for .42, bought today for .04.

LAZR

#ShortPuts – Just for fun. Might add on a pullback.

SOLD LAZR JAN 15 2021 12.5 Puts @ .60

ZM iron condor

Sold $ZM 12/18 350/360/460/470 iron condor for 2.89. Stock around 410. A couple of notes of caution. Liquidity isn’t great in this so that is informing my position size. Also, with the fact that expiration is close (around 2 weeks) it will not leave a lot of time for adjustments if the stock moves strongly again in either direction. But IV rank is 43 so if the stock movement calms down I would expect some IV contraction that will help this position.

TSLA (Diagonal Jade Lizard?)

#ShortPuts – Wasn’t expecting a big upgrade so rolling the diagonal lizard into a naked put for a credit…

Bought to Close TSLA DEC 18 2020 590.0/595.0 Bear Call Spread @ 2.12 (sold for 1.67)

Rolled TSLA DEC 11 2020 475.0 Put to DEC 18 2020 475.0 Put @ 3.80 credit (6.75 net premium now)

SNOW Earnings

#ShortPuts #Earnings #OneNightstand – Book it…

Bought to close SNOW DEC 18 2020 250.0 Put @ 1.40 (sold for 5.50)

VXX early rolls

Bought to Close VXX Dec 04 2020 22.5 Puts / Sold to Open VXX Dec 11 2020 22.5 Puts at $0.07 Credit.
Bought to Close VXX Dec 04 2020 21.5 Puts / Sold to Open VXX Dec 11 2020 21.5 Puts at $0.12 Credit.
Bought to Close VXX Dec 04 2020 20.5 Puts / Sold to Open VXX Dec 11 2020 20.5 Puts at $0.18 Credit.
Bought to Close VXX Dec 04 2020 20.0 Puts / Sold to Open VXX Dec 11 2020 20.0 Puts at $0.19 Credit.

Bringing in some $CASH and buying more time.

Is this market EVER going to pull back???

#coveredcalls MRO Sold Dec. 18,…

#coveredcalls MRO
Sold Dec. 18, 7 call for .15. MRO is at 6.20.

#closing #shortputs PINS Nov. 13…

#closing #shortputs PINS

Nov. 13 sold Dec. 18, 55 put for 1.99, bought today for .18.

NFLX BWB – closeout

BTC NFLX Dec 04, 490 / 480 / 460 Broken Wing Put Butterfly @ $0.49 credit

Trade opened on 11/24 for $1.40 credit so total net credit received is $1.89.

#BWB 

BA, STO February 19, 200…

BA, STO February 19, 200 put at 8.33

CRWD

At the open BTC with GTC order CRWD Jan 15 21 120 PUT @.70….Was STO 11/19/20 @3.90….Thanks to @jsd501 for the idea….#shortputs

SE, STO December 18, 180 put at 5.10

PLAN, STO January 15, 70 put at 3.90

It would be scary to be in this position.

I came across this video. Thought to share it here.

Lost $30,000 on a $1-Wide Credit Spread – TSLA (Options Traders MUST Watch This)

GMHI and LAZR

Here’s one to keep an eye on. My ex’s hubby is an engineer at Luminar. They make the lidar radar for self driving cars. BTW TSLA does not use lidar. All cameras and computers instead.

lazr

SNOW Earnings

#bups #earnings

First earnings report for this IPO.

$SNOW STO 12/4 265/270 BUPS at 1.45. Expected move around $32 This is $23 below. Odds not in my favor. Or am I dyslexic?

SNOW Earnings

#ShortPuts #Earnings – I’ve got one account that’s nearly all cash so going pretty aggressive here. Looking out to the monthly expiration and selling below the 50ma and with breakeven at the expected move. First earnings announcement for SNOW so who knows where it goes…

Sold SNOW DEC 18 2020 250.0 Put @ 6.00

EDIT: Since this is it’s first ever announcement buying a disaster put for this week…

Bought SNOW DEC 4 2020 225.0 Put @ .50

SPX trades

#SPX7dteLong Sold to close $SPX Dec 2nd 3630/3650 call spreads for 19.10, to avoid any possible dump into the close. Iron Condors bought last Wednesday for 16.00; sold today for a total of 20.35.

#SPX1dte Expected to expire: 3575/3595-3710/3730 condors, sold yesterday for .90.

VIX

TSLA

#ShortPuts – I normally wouldn’t get quite this aggressive but next week’s look pretty safe so taking advantage of the drop today and selling right at the expected move.

Sold TSLA DEC 24 2020 460.0 Put @ 9.80

LABU, BTC December 18, 35…

LABU, BTC December 18, 35 puts at .05, Sold at 1.90, not much chance of getting assigned but with over 2 weeks to go why not take the risk off the table for .05 cents.

#shortputs FCEL Sold Jan. 15,…

#shortputs #coveredcalls FCEL

Sold Jan. 15, 5.5 put for .72. FCEL down 18% today to 7.39.
#tastytradefollow
Bought 100 shares and sold a Dec. 18, 7 call for 6.00

#closing PYPL Following the good…

#closing PYPL

Following the good example of @jsd501 bought Dec. 18, 170 put for .25, sold Nov. 17 for 1.61

#longcallspread HD Bought a Jan….

#longcallspread HD

Bought a Jan. 15, 270/280 call spread for 4.38.
This is a “TP says” pick from TastyTrade. He has 4 trades each week, I follow some. Like anyone else, he is right sometimes.

PYPL, BTC December 18, 170…

PYPL, BTC December 18, 170 put at .27, sold at 1.61

TSLA (Diagonal Jade Lizard?)

#JadeLizards – Not sure what this is really called. Selling a call spread two weeks out and a put one week out. No upside risk and possibly allowing an extra put sale the second week. Slightly bullish overall…

Sold TSLA DEC 11 2020 475.0 Put @ 3.40
Sold TSLA DEC 18 2020 590.0/595.0 Bear Call Spread @ 1.67

WBA

Since March the 50 Day MA has acted as resistance. Now the stock is above the 50Day. Hopefully it will now act as support.

wba 12-02-20

AMD, BTC January 15, 70…

AMD, BTC January 15, 70 puts at .34, sold at 1.10

SPX 7-dte

#SPX7dteLong Bought to Open $SPX Dec 7th 3635/3655-3665/3685 iron condors for 15.65, with SPX at 3659. Forgot to buy this one yesterday.

NVDA

#ShortPuts – This was originally a pretty conservative sale. Rolling up for a little more credit as it tries to break above the 50ma. Still outside the expected move.

Rolled NVDA DEC 18 2020 450.0 Put to DEC 18 2020 490 Put @ 2.60 credit (5.80 total now)

ZM put spread

Sold 1/15 360/350 bull put spread @ 2.60

GDXJ, BTC February 40 put…

GDXJ, BTC February 40 put at .62, sold at 1.05
I am thinking that Bitcoin may be replacing gold as an asset class. I do own 100 shares of GBTC and have a monster profit of $286.00

ZM

#ShortStrangles – Just to hopefully take advantage of the big selloff a little more rolling a put in and up to get to expiration sooner. New sale is at the expected move and offset by the earlier call sale.

Rolled ZM DEC 31 2020 325.0 Put to DEC 18 2020 360.0 Put @ 1.40 credit (5.60 total now)

VXX Contango special result

Bought to close all of my VXX Dec 04 2020 16.00 Diagonal puts @ 0.01. They won’t trade any lower.

On 11/27 I sold these while buying VXX Jun 21 2021 6.0 Puts @ 0.03 Credit. So now I’m left with more “free” long puts with 198 days until expiration.

Normal Contango drift down in VXX should take care of the long position.
Or consider it a lottery ticket.

Will repeat this kind of trade for next week too.

TQQQ

STO December 11, 160 put at 6.20,

#takeonefortheteam

GDXJ

#ShortPuts – Got well over half of this with a long way to go. Looking for a re-entry at some point.

Bought to Close GDXJ JAN 15 2021 42.0 Puts @ .29 (sold for .90)

ZM

#ShortStrangles – Selling against various short puts. 2 times the expected move and above the 20 and 50 day moving averages.

Sold ZM DEC 11 2020 500.0 Call @ 2.40

SPY Call Roll

Bought to Close 1 SPY Dec 02 2020 358 Call / Sold to Open 1 SPY Dec 09 2020 359 Call @ 0.45 Credit plus a 1 point higher strike.

At some point I’m going to have to roll my long Dec 18 2020 355.0 calls forward.

SPX 7-dte

#SPX7dte Sold to close $SPX Dec 2nd 3620/3600 put spreads for 1.25. Banking on 3630/3650 call side to make the bulk of profit. Condors bought last Wednesday for 16.00.

TDOC BWB – closeout

STC TDOC Dec 04, 192.5 / 185.0 / 172.5 Broken Wing Put Butterfly @ $1.50 credit.

Received a $0.78 credit when opening the trade (Nov 12) so a combined credit of $2.28.

#BWB