SPX 1-dte

#SPX1dte Expired: $SPX Nov 12th 2560/2580/2715/2735 condors, sold yesterday for 1.05

#coveredcallcampaign #closing LUV July 3,…

#coveredcallcampaign #closing LUV

July 3, Tradewise initiated a covered call in LUV. I closed it on my own today, making about $240 with premium and dividends. Their timing was right, but this could have been a really nice winner without the calls as it ran up 10 points or so last summer. I’m being cautious and getting some cash.

TRADES:

DBX BTO STOCK @23.00
SFIX BTO STOCK @22.33

TQQQ

#LongCalls #LEAPS – Stop set on next week’s short 54.0’s so adding some spreads since it’s in an IRA…

Sold TQQQ DEC 28 2018 52.0/58.0 Bear Call Spreads @ .72

TNA

#LongCalls #LEAPS – Stop set on next week’s short 66.5s so adding some spreads since it’s in an IRA…

Sold TNA DEC 28 2018 60.0/70.0 Bear Call Spreads @ .91

Another KOLD closed

#ContangoETFs BTC $KOLD Dec 21st 12 put for .80. Sold for 2.30 on 11/19.

TQQQ

Rolled my 60 calls in February 15, down to January 18, 50 calls for a credit of 1.90 because I am bearish on the market. I know we are up today but I think we are in a bear market if I am reading the charts correctly. If not, I think I can roll these for a 5cent to 10 cent credit and pick up a half point in the strike price with 2 years until expiration. I own the 60 calls in 2021.