SPX 1-dte

#SPX1dte In pre-market, sold to Open $SPX July 5th 3690/3710-3870/3890 condors for 1.45, IV 44.4%, deltas -.06 + .06

OptionsExpiration

LABU 8.0 Diagonal Calls
LABU 3/6.5 Bull Put Spread
LABU 3/6 Bull Put Spread

TNA 37/37.5 Covered Calls
TNA 55/37 Bear Call Spread
TNA 55/38.5 Bear Call Spread
TNA 55/39.5 Bear Call Spread
TNA 39.5 Diagonal Calls
TNA 40.0 Diagonal Calls

TQQQ 29.5/30.5/31.5/32 Covered Calls
TQQQ 43/29.5 Bear Call Spreads
TQQQ 29.5 Diagonal Calls
TQQQ 30.5 Diagonal Calls

VXX 37/23.5 Bear Call Spreads
VXX 36/23.5 Bear Call spreads
VXX 35/24 Bear Call Spreads
VXX 34/24 Bear Call Spreads
VXX 24.5 Diagonal Calls
VXX 25.0 Diagonal Calls

VXX 22.0 Diagonal Puts — #VXXContango

VXX Diagonal Puts

Bought to open VXX Aug 19 2022 17.0 Puts at $0.17
Sold to Open VXX Jul 08 2022 22.0 Puts at $0.20 for a $0.03 Credit for the first week.
Long DTE = 49
Short DTE = 7

Bought to Open VXX Oct 21 2022 12.0 Puts at $0.15
Sold to Open VXX Jul 08 2022 22.0 Puts at $0.22 for a $0.07 Credit for the first week.
Long DTE = 112
Short DTE = 7
#VXXContango

SPY SVXY TLT

#ShortPuts #CoveredCalls – Taking some profits and moving the buying power over to additional SPY positions.

Sold SPY JUL 15 2022 370.0 Put @ 5.11
Sold SPY AUG 5 2022 360.0 Put @ 6.45

Sold SVXY covered stock @ 46.77 (basis 45.15)
Bought to Close SVXY JUL 15 2022 48.0 Put @ 1.20 (sold for 2.50)

Bought to Close TLT JUL 15 2022 115.0 Put @ 1.50 (sold for 3.10)
Bought to Close TLT JUL 15 2022 116.0 Put @ 1.97 (sold for 2.90)
Bought to Close TLT JUL 15 2022 117.0 Put @ 2.55 (sold for 3.20)
Bought to Close TLT JUL 15 2022 118.0 Put @ 3.20 (sold for 3.70)

DOW HBAN

Adding to 2 high yielders at new lows
DOW at $50.00 – Div 5.43%
HBAN at $11.72 – Div 5.15%
#SP500 #FallingKnife

VXX Puts

For next week
Sold VXX Jul 08 2022 22.0 Puts at $0.16, $0.17, $0.18 and $0.19.
Sold against long Aug 16.0 Puts leftover from earlier #VXXContango spreads

LABU Calls Rolled up

Bought to close LABU Jul 01 2022 7.50 Covered Calls at $0.03. Sold on a rollup last week at $0.74
Sold to open LABU Jul 08 2022 8.0 Covered Calls at $0.22 plus a $0.50 bump in the short strike.

Bought to close LABU Jul 01 2022 7.50 Diagonal Calls at $0.05. Sold on last week at $0.52 average price
Sold to open LABU Jul 08 2022 8.0 Diagonal Calls at $0.25 plus a $0.50 bump in the short strike.
The long hedge is now paid for so playing with the house’s money

TLT XBI

#CoveredCalls – Both of these perking up a little so rolling out and up.

TLT: Rolling these to above breakeven since the bottom half of my ladder (to average down) may not get exercised in July.

Rolled TLT JUL 15 2022 114.0 Calls to AUG 19 2022 117.0 Calls @ .12 credit

XBI: Chart looking more bullish so going out and up with these.

Rolled XBI JUL 15 2022 70.5 Calls to AUG 19 2022 74.0 Calls @ .20 credit
Rolled XBI JUL 15 2022 71.0 Calls to AUG 19 2022 74.0 Calls @ .42 credit

SPY

#ShortPuts #CoveredCalls – Small opening bounce so doing these early.

SPY: More premium collection.

Calls:

Bought to Close SPY JUL 1 2022 387.0 Calls @ .05 (sold for 2.11)
Bought to Close SPY JUL 1 2022 387.5 Call @ .05 (sold for 2.35)

Sold SPY JUL 8 2022 387.0 Calls @ 1.33
Sold SPY JUL 8 2022 387.5 Call @ 1.62

Rolled SPY JUL 1 2022 380.0 Calls to JUL 8 2022 380.0 Calls @ 3.30 credit (8.80 total now)
Rolled SPY JUL 8 2022 390.0 Call to JUL 8 2022 387.0 Call @ .50 credit (2.20 toal now)

Puts:

Rolled SPY JUL 1 2022 380.0 Put to JUL 8 2022 380.0 Put @ 3.25 credit (7.25 total now)
Rolled SPY JUL 1 2022 382.5 Put to JUL 8 2022 382.5 Put @ 2.75 credit (6.10 total now)
Rolled SPY JUL 1 2022 385.0 Put to JUL 8 2022 385.0 Put @ 2.05 credit (6.30 total now)
Rolled SPY JUL 1 2022 387.5 Put to JUL 8 2022 386.0 Put @ .05 credit (5.50 total now)
Rolled SPY JUL 1 2022 390.0 Put to JUL 8 2022 390.0 Put @ 1.00 credit (8.90 total now)

VXX Calls rolled

Bought to close part of my overly large VXX Jul 01 2022 23.5 Calls at $0.06 and $0.05.
Sold on 06/28 at $0.15.
Letting the rest ride for the moment.

Replaced some of the calls with new Jul 08 Calls
Sold to Open 1 VXX Jul 08 2022 25.5 Call at $0.18 and $0.20
Sold to Open 1 VXX Jul 08 2022 25.0 Call at $0.24
Sold to Open 1 VXX Jul 08 2022 24.5 Call at $0.32

SPX 1-dte

#SPX1dte In pre-market, Sold to Open July 1st 3685/3705-3860/3880 condors for 1.40, IV 44.7%, deltas -.06 +.06

Jobs next week

Sorry about the head fake, jobs report is next Friday

NVDA SPY

#CoveredCalls – A few.

Sold NVDA JUL 8 2022 167.5 Calls @ .90

Bought to Close SPY JUL 1 2022 390.0 Call @ .05 (sold for 2.00)
Sold SPY JUL 8 2022 390.0 Call @ 1.70

VXX Calls

One last set of VXX scalp trades for tomorrow’s expiration
Sold VXX Jul 01 2022 24.5 Calls at $0.16 and $0.17
Sold VXX Jul 01 2022 24.0 Calls at $0.25 and $0.28

VXX Puts

Closed a small portion of my VXX Jul 01 2022 Puts at $0.01. Sold these at a average cost of $0.21
Holding the rest for expiration.
#VXXContango

BBY MMM VFC WBA

Adding to 4 high yielders at new lows
BBY at $65.81 – Div 5.24%
MMM at $128.00 – Div 4.59%
VFC at $44.17 – Div 4.43%
WBA at $39.14 – Div 4.67%
#SP500 #FallingKnife

BKNG DAL travel sensitive stocks

Back into BKNG again. Bought a tiny bit at $1752.63
Restarted a tiny position in DAL too at $28.76
#SP500 #FallingKnife

SPX 1-dte

#SPX1dte In Pre-market, sold to Open $SPX June 30th 3670/3690-3895/3915 condors for 1.35, IV 52.4%, deltas -.06 +.03

The call side was an error, I meant to sell the 3875

NVDA

#ShortPuts – Bought to Close NVDA JUL 1 2022 180.0 Calls @ .05 (sold for 1.15 and 1.35)

SPX 1-dte

#SPX1dte Face plant on the long condors again. Waiting for the morning before the open to consider the next trade.

TNA Covered Call rolled

Bought to close 1 TNA Jul 01 2022 40.0 Covered Call at $0.03. Sold at $0.28 last Friday.
Replaced it with 1 TNA Jul 08 2022 38.5 Call at $0.31.
The new strike is still above TNA’s best price for the last few weeks.
Plus a short trading week next week.

AAPL, Earnings are on July…

AAPL, Earnings are on July 25 and I think the stock can move at least 10 points or more after that so I BTO a put and call butterfly.
BTO 140/150/160 call
BTO 140/130/120 put for a total of 3.80 premium for August 19 expiration.

LABU Bull Put Spread

Bought LABU Aug 05 2022 3.0 Puts at $0.10
Sold LABU Jul 01 2022 6.0 Puts at $0.18 for a credit of $0.08 for the first week.

NKE NVDA Stocks

Added a couple of tiny new positions this morning at new lows.
Bought NKE at $102.75 (post earnings)
Bought NVDA at $152.16
#Sp500 #FallingKnife

VXX Calls

Sold another diagonal bear call spread, adding to my position:
Bought to Open VXX Jul 22 2022 32.0 Calls at $0.28
Sold to Open VXX Jul 01 2022 23.5 Calls at $0.39 for a $0.11 Credit for the first week.

Also
Sold 1 VXX Jul 01 2022 24.0 Call at $0.23
Sold 1 VXX Jul 01 2022 25.0 Call at $0.12

#earlyassignment SOXL July 1st @…

#earlyassignment
SOXL
July 1st @ 21.00
was a roll

SPX 1-dte

#SPX1dte Bought to Open $SPX June 29th 3700/3720-3920/3940 condors for 1.25. Taking the same approach as yesterday, even though it didn’t pan out today. Decisions on when to clese are much more difficult when going long. Had I sold at the peaks today, would have gotten 1.00 on call side and 1.60 on put side. But it seems that while my usual short strategy racks up successive small wins and occasional chunky losers, a successful long strategy would consist of multiple small losses and occasional chunky wins. A few weeks ago after we ended a multi-day rally, the first big down day was followed by a couple of bigger down days. Are we starting the next leg lower?

AMZN

#ShortPuts – Small add.

Sold AMZN JUL 15 2022 105.0 Put @ 3.15

SPX 1-dte

#SPX1dte I went long on today’s, and was hoping for a nice spike higher. Got up a bit over a dollar before retreating, so I missed fills. Now, on downside, sold half the position for .40. Holding the rest for possible deeper dive. Bought the condors for 1.25, so likely facing a loss unless we really crash today.

NVDA

#CoveredCalls – Just one little quickie this morning gathering more premium.

Rolled NVDA JUL 1 2022 185.0 Calls to JUL 1 2022 180.0 Calls @ .45 credit (1.35 total now)

TNA Call

Sold 1 TNA Jul 01 2022 38.5 Call at $1.07

VXX Puts and Calls

Sold VXX Jul 01 2022 22.0 Puts at $0.27, adding to my position

Sold VXX Jul 01 2022 24.5 Calls at $0.16
Sold VXX Jul 01 2022 25 Call at $0.11

Sold a diagonal bear call spread:
Bought to Open VXX Jul 22 2022 32.0 Calls at $0.22
Sold to Open VXX Jul 01 2022 23.5 Calls at $0.28 for a $0.06 Credit for the first week.

Sold a diagonal bull put spread
Bought VXX Sep 16 2022 14.0 Puts at $0.21
Sold to Open VXX Jul 01 2022 22.0 Puts at $0.25 for a $0.04 Credit for the first week.
Long DTE = 80
Short DTE = 3
#VXXContango

BA Stock

Sold of half of my tiny position in BA in my Roth acct at 145.54. Bought at $144.00.
Bought the other half at $127.00 and I’m holding that.
#FormerFallingKnife #RaisingCash

SPX 1-dte LONG

#SPX1dte BOUGHT to open $SPX June 28th 3775/3800-4000/4025 condors for 1.25, SPX at 3896, deltas -.04 +.04.

Looking for a chunky move in either direction tomorrow.

EWZ NVDA

#BullPutSpreads #CoveredCalls – A couple.

EWZ: Taking a low risk bullish shot. I’ll take stock if needed.
Sold EWZ AUG 19 2022 33.0/30.0 Bull Put Spreads @ 2.40

NVDA: Covered.
Sold NVDA JUL 1 2022 185.0 Calls @ .90

HUM stock

Dumped my tiny HUM stock position at $469.33, pretty near the 2022 YTD high
Bought on 01/07/2022 at $359.28.
#FormerFallingKnife #RaisingCash

SPX 1-dte

#SPX1dte In pre-market, Sold to Open $SPX June 27th 3815/3835-3995/4015 condors for 1.40, deltas -.06 +.06

BKNG Stock at the close

Sold the BKNG stock I bought yesterday. Couldn’t pass up a one day 130+ point gain
Sold a tiny bit of BKNG at $1932.40. Bought yesterday at $1,796.45
#SP500 #FormerFallingKnife

OptionsExpiration

Pretty light week after all the rolls I did to next week.

Expired:
LABU 3/5 Bull Put Spreads
TNA 58/36.5 Bear Call Spread
TQQQ 45/28 Bear Call Spread
TQQQ 44/28 Bear Call Spread
TQQQ 41.5/28 Bear Call Spread
VXX 23.0 Diagonal Puts — #VXXContango
VXX 22.5 Diagonal Puts — #VXXContango

TQQQ Calls Rolled up

Bought to close TQQQ Jun 24 2022 27.5 Covered Calls at $0.07. Sold earlier this week at $0.19.
Replaced with TQQQ 07/01/2022 30.50 Covered Calls at $0.31 plus a 3 point bump in the short strike.

VXX Puts Rolled down

Bought to close VXX Jun 24 2022 23.0 Puts at $0.11, $0.10 $0.07 and $0.05.
Sold on Wednesday at $0.13, $0.17, $0.18 and $0.19 respectively.
Partial position. Letting the rest ride until the close.

Sold VXX Jul 01 2022 22.0 Puts at $0.18, $0.20 and $0.23 to replace them.
#VXXContango

NVDA

#ShortPuts #CoveredStraddles – Rolling up an earlier put sale setting up a covered straddle.

Rolled NVDA JUL 1 2022 167.5 Put to JUL 1 2022 180.0 Put @ 7.70 credit (12.20 total now)

SPY

#ShortPuts – Still hoping to acumulate more SPY stock for long term. Pulling part of my short put ladder into nearer term where I can trade it more often and/or get assigned some stock. Most of these are offset by covered stock with the calls taking some heat.

Bought to Close SPY JUL 8 2022 375.0 Put @ 3.05 (sold for 4.00)
Bought to Close SPY JUL 15 2022 370.0 Put @ 3.56 (sold for 4.12)

Sold SPY JUL 1 2022 382.5 Put @ 3.35
Sold SPY JUL 1 2022 385.0 Put @ 4.25
Sold SPY JUL 1 2022 387.5 Put @ 5.45

BA, STO September 16, 85…

BA, STO September 16, 85 put at 1.10

AMZN ARKK NVDA SOXL SPY SVXY TQQQ

#ShortPuts #CoveredCalls #CoveredStraddles – A little of everything.

AMZN: Taking it three weeks early.
Bought to Close AMZN JUL 15 2022 95.0 Put @ .70 (sold for 3.00)

ARKK: Covered.
Sold ARKK JUL 15 2022 50.0 Calls @ 1.10

NVDA: Covered calls and short puts.
Bought to Close NVDA JUN 24 2022 165.0 Put @ .40 (sold for 5.00)
Sold NVDA JUL 1 2022 167.5 Put @ 4.50
Bought to Close NVDA JUN 24 2022 170.0 Call @ .95 (sold for 3.00)

Bought to Close NVDA JUL 1 2022 175.0 Call @ 2.64 (stopped sold for 2.30)
Bought to Close NVDA JUL 1 2022 180.0 Calls @ 1.30 (stopped sold for 1.15)
Sold NVDA JUL 1 2022 180.0 Call @ 1.15 (re-entering)

SOXL: Rolling.
Rolled SOXL JUN 24 2022 15.0 Calls to SOXL JUL 15 2022 18.0 Calls @ .10 credit

SPY: Covered Calls, short puts, and covered straddles
Rolled SPY JUN 24 2022 380.0 Calls to JUL 1 2022 380.0 Calls @ 3.05 credit (5.50 total now)
Rolled SPY JUN 24 2022 390.0 Put to JUL 1 2022 390.0 Put @ 3.30 credit (7.90 total now)

SVXY: Covered. Another setup into a covered straddle.
Sold SVXY JUL 15 2022 48.0 Call @ 1.80

TQQQ: Rolling.
Rolled TQQQ JUN 24 2022 25.0 Calls to JUL 15 2022 27.5 Calls @ even

SPX 1-dte

#SPX1dte For those of you playing along from home, yes, my call side is in trouble. The perils of having a job with a commute… missed the breach of my stop point while driving to work, then it kept going and I’m white knuckling it.

LW Stock

Sold out of my LW stock at $71.58 (near the 2022 YTD high)
Bought on 09/23/2021 at $60.00 and again on 10/12/2021 at $55.00
#RaisingCash #FormerFallingKnife

LABU Diagonal Call spreads

While waiting to roll out all my covered calls:
Bought to open LABU Jul 15 2022 9.5 Calls / Sold to Open LABU Jul 01 2022 8.0 Calls at $0.05 Credit.

Bought to close LABU Jun 24 2022 7.0 Diagonal Calls at $0.29. Sold earlier this week at $0.33.
Replaced them with LABU Jul 01 2022 7.5 Calls at $0.49 and bumped the short strike $0.50

TNA Call Rollup

Bought to close 1 TNA Jun 24 2022 36.5 Covered Call at $0.03. Sold at $0.40.
Replaced it with 1 TNA Jul 01 2022 40.0 Call at $0.28. Bumping the strike up 3.5 points.

FDX Stock

Sold off my oldest and highest cost lot of FDX at $244.82 (near the 3-month high).
Bought on 09/30/2021 at $220.00.
#RaisingCash #FormerFallingKnife

SPY

#LongStock – Selling a tiny position.

Sold SPY Stock @ 378.25 (bought for 369.50)

SPY

#CoveredCalls – Taking this a day early.

Bought to Close SPY JUN 24 2022 385.0 Call @ .34 (sold for 9.70)
Sold SPY JUL 1 2022 387.5 Call @ 2.35

SPX 1-dte

#SPX1dte Sold to Open $SPX June 24th 3680/3700-3885/3905 condors for 1.35, SPX at 3799, IV 30.25%, deltas -.06 +.06

Expiring: June 23rd 3670/3690-3845/3865 condors, sold this morning for 1.55

@fuzzballl Looks like EWZ is…

@fuzzballl
Looks like EWZ is coming back down into the range.

LABU Put rolldown

Bought to close 1 LABU 06/24/2022 7.0 Put at $0.45. Sold last week on a roll at $1.69.
Sold to open 1 LABU 07/01/2022 6.5 Put at $0.50 for a $0.05 Credit and a $0.50 lower strike.

The rest of my strike 5.0 puts should expire tomorrow. We will see about my 7.0 Covered Calls

BBWI HBAN stock

Adding a tiny bit to my BBWI stock position at $29.00
Div = 2.67%
Started a tiny new position in HBAN at $11.80.
Div = 5.09%
#SP500 #FallingKnife

GDX Gold miners ETF

Starting a tiny new position in GDX at $28.83, at a new YTD low.
#FallingKnife

BKNG Stock

I’ve been avoiding most non-dividend stocks but I’ve traded this one successfully before:
Bought a tiny bit of BKNG at $1,796.45
#SP500 #FallingKnife

TQQQ TNA 1-day scalps

Sold TNA Jun 24 2022 35.0 Covered Calls at $0.12
Sold 1 TNA Jun 24 2022 35.0 Diagonal Call at $0.15
Sold TQQQ Jun 24 2022 27.0 Covered Calls at $0.13

VXX Diagonal Puts

Bought to open VXX Dec 16 2022 8.0 Puts at $0.10.
Sold to Open VXX Jun 24 2022 23.0 Puts at $0.21 for a $0.11 Credit for the first week.
Long DTE = 176
Short DTE = 1

Bought to open VXX Oct 21 2022 10.0 Puts at $0.05 and at $0.04
Sold to Open VXX Jun 24 2022 22.5 Puts at $0.11 for a $0.06-$0.07 Credit for the first week.
Long DTE = 120
Short DTE = 1

#VXXContango

If the short puts go in the money on Friday, at least the market is still in rally mode. 🙂

SPX 1-dte

#SPX1dte In pre-market, Sold to Open $SPX June 23rd 3670/3690-3845/3865 condors for 1.55, IV 45.9%, deltas -.06 +.06

SPX 1-dte

#SPX1dte Expired: $SPX June 22nd 3645/3665-3845/3865 condors, sold yesterday for 1.55.

Was planning to BUY a cheap .05-delta condor at the close but got pulled away. So instead I will likely sell a condor in the hour before the open tomorrow.

VXX Puts

Bought to open VXX Aug 19 2022 15.0 Puts at $0.10.
Sold to Open VXX Jun 24 2022 23.0 Puts at $0.19 for a $0.09 Credit for the first week.
Long DTE = 58
Short DTE = 2
#VXXContango

If these go in the money by Friday, the market should be in rally mode. 🙂

QQQ, Iron condor,

STO July 15, 245/255-315/325 at 1.45, small trade testing the water.

LABU Puts

Bought to close LABU Jun 24 2022 5.0 Puts at $0.05 (partial position)
Sold last Friday on a roll at $0.48.

DPZ stock

Sold out of my tiny position in DPZ stock at $391.66 (at a 1-month high)
Bought in April at $350.95 and again in May at $328.00.
Raising a bit of cash for the next major pullback
#FormerFallingKnife

TQQQ TNA

Sold 1 TNA Jun 24 2022 36.5 Covered Call at $0.14
Sold TQQQ Jun 24 2022 27.0 Calls at $0.21, $0.27
Sold TQQQ Jun 24 2022 27.5 Calls at $0.19

NVDA

#CoveredCalls – A couple more.

Bought to Close NVDA JUN 24 2022 170.0 Calls @ 1.87 (stopped out sold for 2.80)
Sold NVDA JUL 1 2022 180.0 Calls @ 1.51

SPY

#CoveredCalls – A few.

Bought to Close SPY JUN 24 2022 385.0 Call @ .84 (sold for 4.40)
Sold SPY JUL 1 2022 390.0 Call @ 2.00

Rolled SPY JUN 24 2022 379.0 Calls to JUL 1 2022 387.0 Calls @ .01 credit

XBI

#CoveredCalls – Rolling out and up to the monthlies.

Rolled XBI JUN 24 2022 67.5 Calls to JUL 15 2022 70.5 Calls @ .12 credit
Rolled XBI JUN 24 2022 68.0 Calls to JUL 15 2022 71.0 Calls @ .10 credit

NFLX NVDA

#ShortPuts #CoveredCalls – Closed the NFLX loser and rolling it into a bigger NVDA position. I think my prospects for recovery are better there spread out over a lot more shares.

Sold NVDA JUN 24 2022 165.0 Put @ 5.00
Sold NVDA JUL 1 2022 175.0 Call @ 2.30 (covered)

KOLD TNA TQQQ VXX

On the road all day so just summarizing what I sold for this week:
Sold VXX Jun 24 2022 22.5 Puts at $0.13
Sold TQQQ Jun 24 2022 28.0 Calls at $0.14
Sold TQQQ Jun 24 2022 27.5 Calls at $0.19, $0.25
Sold TQQQ Jun 24 2022 27.0 Calls at $0.26, $0.27 and $0.33
Sold 1 TNA Jun 24 2022 36.0 Call at $0.47
Sold 1 KOLD Jul 15 2022 36.0 Covered Call at $2.60

SPX 1-dte

#SPX1dte Sold to Open $SPX June 22nd 3645/3665-3845/3865 condors for 1.55, SPX at 3762, IV 30%, deltas -.07 +.06

TLT

#CoveredCalls – Sold TLT JUL 15 2022 114.0 Calls @ 1.21

SPX calls closed

#SPX1dte Bought to close $SPX 3800/3820 call spreads for .20. Condors sold this morning for 1.25. Stop level was briefly breached in the first hour of trading, but was able to wait and close it more cheaply.

I looked into thinkorswim’s “thinkback” back testing and saw that if I had sold the condor Friday before the close, it would have been the 3520/3540-3800/3820 condors for about 1.60. Same strikes on call side but 80 points lower on put side (which makes sense because we were UP in the pre-market when I sold this morning). So I missed out on about 40 cents in premium by waiting.

I will likely alternate between selling day before and day-of, at least until Downside Warning ends.