Will be assigned 300 shares of GILD tomorrow at 79. Cost 77.96. Will cover next week or synthetic short if it keeps dropping. 74.35 is a long term elliott wave level support so if it breaks that synthetic with a few extra puts.

Rolled WDC 85 CC to 2 weeks out for 0.82, 0.8, 0.72, 0.77 credits

Rolled WDC 86 CC to 2 weeks for 1.08 credit

Closed WDC 84.5 put for 0.05, sold 1.05

New ticker based on @jsd501 idea yesterday and I have been watching it for a few months now. Good premiums but whippy. STO TQQQ 11/17 115 put for 1.75. Had no problem going at the mid point so suspect liquidity is good.

Theta on /CL 5 contracts is $61 per day so up $50 last night. I know some of you don’t like not have weekly options but it is an efficient market.

Have a bunch of 85 SVXY puts expiring tomorrow.

We need some volatility. Took me twice as long as usual to find any good trades or premium this morning.

That’s all for the week, going biking and hope everyone has a good expiration tomorrow!

Chris