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Closed out May with best month trading ever! Previous best month was way back in Oct. of 2013 or 2014, whenever there was that big vol spike. This month was also my most consistent, partly because of some of the vol and contango trades you showed me. 2.5 times my monthly salary, previous was 2 times monthly salary.

Unfortunately, most of that is in retirement accounts so can’t touch it for another 13.5 years but every little bit now will help then. Maybe get the jet instead of the single engine plane or have a ski house and a beach house, haha, unlikely on either but doesn’t hurt to dream.

rolled 6/9 WDC 83 put to 7/14 put for credit of 0.96.

Following my own rule and rolled it when the premium dropped below 0.20. Sold for 1.85 about 3-4 weeks ago as part of the ladder.

Expiring tomorrow provided no big drop in TSO 80 and 80.5 puts that were sold at 0.99 and 1.05. Already have the next 4 weeks laddered so will deploy the margin somewhere else on Monday.

Really appreciate everyone showing me the SVXY and similar trades. Today is my usual trading day so was looking around and saw how fat and juicy the premiums are on the SVXY calls. Not something want to trade naked on the call side so am trying a weekly ITM covered call. Covered call SVXY for 6/9 145 with stock at 156 and change. Bought for 143.25. Just a 4 lot to see how it plays out, $698 profit on a 4 lot in 1 week if assigned. If not will roll. At the time the same 4 lot on puts would only generate $420 so there is a call skew on these but looking at it at the time I am writing this it is getting close to parity so not sure this would work all the time, just another tool.

Also STO 7/7 TSO 79 puts at 1.05 and now have a 3-4 week ladder on TSO. Some expire tomorrow then weekly after that.

Rolled WDC 6/2 87.5 puts to 6/9 88 puts for credit of 0.57

BTC 6/2 87 puts at 0.03, sold last week for 0.51. Now have 3-4 week ladder here as well.

Might have a few quick trades tomorrow depending on what expires OTM.

Hope everyone has a good expiration tomorrow, going to enjoy a 50-60 mile bike ride in the nice weather now!