#LongPuts #LEAPS – Finally getting caught up on this week’s trades. Missed one here….

Bought to Close DUST Sep 14 2018 36.0 Puts @ .05 (sold for .87)

MO ALRM NFLX Short Puts / WTW Roll Calls / SPX Closed Early

$MO STO 9/14 61 put at .40
$MO STO 9/21 61 put at .78
$ALRM STO 9/21 57.5 puts at 1.10 Thank you @fuzzballl
Closed Early
$NFLX BTC 9/21 295/305 BUPS at .05 STO at 1.95

$WTW BTC 9/21 74 call and STO 10/19 80 call at a net debit of .15 Stock at 72.25

Closed Early
$SPX BTC 9/14 2810/2835 BUPS at .20 Sold for 1.80 I’m a bit skittish


#LongCalls #LEAPS – Late fill so looking tomorrow for the next sale…

Bought to Close XBI SEP 14 2018 97.5 Calls @ .02 (sold for 1.02)

VIX hedge

#Hedge – Added the second half of this today. First half filled at .05 debit and second half filled at .10 credit. Also added long 11 puts underneath the short 13’s. Basically a bullish (on VIX) double vertical…sold 13/11 put spreads to finance the purchase of 17/21 call spreads. This will also be a nice hedge for shorting UVXY after the upcoming reverse split.

Here’s the original post:


Theo Trade VIX hedge

#Hedge – From a free webinar last night….Don was going out to Nov and selling 13 strike puts. Using that cash to finance the purchase of 17/21 Bull Call Spreads. He was getting it at even. I’m showing a nickel debit right now. No fill yet.


VIX Hedge

AMD-taking profits on a quick one

I didn’t expect this to get to 50%+ profit in a few hours but I’ll definitely take it when it does!
Bought to close $AMD Oct 19 37 calls @ 1.02. Sold for 2.17 earlier this morning.

#shortputs DUST Sold Sept. 21,…

#shortputs DUST
Sold Sept. 21, 42.50 put for 1.73.

SPX condor sold

#SPXcampaign Sold to Open $SPX Sep 28th 2815/2840/2950/2975 iron condors for 3.65. This is replacing the condor that expires tomorrow, but I’m going 5 points closer in on each side.


Already rebounding so already adjusting to stay ahead.

Rolled 22 DTE 57 call out to 43 DTE and up to 58 call for 0.53 credit. Cost basis now 15.41 and still have 69 weeks to manage.

I am finding it easier to move up/down/out before it goes too far ITM. Once it does the deltas offset more. At that point probably better to either a) move the entire spread or b) ratio it to prevent so you have no risk to the upside.

AAPL call roll

#CoveredCallCampaign BTC $AAPL Sep 28th 227.5 covered calls for 3.55. Sold for 3.60 on Tuesday, so broke even and covered commissions.

#Rolling Sold AAPL Oct 5th 230 calls for 3.60.

#ironcondor TSLA Short strikes from…

#ironcondor TSLA
Short strikes from TastyTrade idea, sold Oct. 19, 210/220/355/365 for 1.63, TSLA is around 290.