#CoveredCalls – Partial fill…

Bought to Close TQQQ NOV 16 2018 58.0 Calls @ .05 (sold for 1.62)

SPX condor closed

#SPXcampaign BTC $SPX Nov 30th 2675/2700/2875/2900 condor for 7.95. I legged into this condor for 11.25 total. Had to close it today… all the profit came from the call side.

#shortcallspreadscall SPX sell 2735/2750 Nov…


SPX sell 2735/2750 Nov 12 calls for $6.70cr, quick drop $4 now, bottomed $3.50 watching for return.

SPX 1-dte closed

#SPXcampaign Bought to close $SPX Nov 12th 2730/2710 put spread for 1.20, breakeven covering commissions of the condor sold for 1.25 on Friday. I was trying to change my order for a lower price, but it drops so quickly on the tiniest of bounces that it grabbed my bid before I could change it.

I’ve been discussing these trades with some people today and comparing performance. I think one of my weak spots is entering these trades too late in the day, and also after a bounce has already dropped volatility dramatically. I believe if I had entered this condor an hour earlier on Friday, I could have been 20 or 30 points farther out of the money. I’ll be watching this closely for a good entry tomorrow for Wednesday expiration.

A couple of short term short volatility trades

Bought to open (bear put spread): $VXX Nov 30 36/31 BePS @ 2.47 debit
Sold to open (bear call spread): $UVXY Nov 23 60/70 BeCS @ 1.29 credit

GS against the grain

Going the other way on $GS. Not at all calling a bottom, just saying that if it gets down to the strike (another 13% lower from here) I’d be willing to buy the stock at what would be around a 2 year low.
Sold $GS Dec 21 180 puts @ 1.45. Delta of the puts is 12. Basis if assigned 178.55.

AMZN Dec put spread

Sold $AMZN Dec 21 1470/1450 BuPS for 3.41. Short strike (delta 18) is below the recent low from 10/30 (1476 intraday).