Expirations SPX 1 DTE

$SPX 2/6 2675/2650/2760/2775 STO at .80
$SPX 2/6 2710/2690 BUPS STO 1.05 Thank you @jeffcp66


Rolled my breached 15 Mar 130 Calls that I rolled into yesterday out to 18 April 135 Calls for $0.25 credit. This is against my Jan 2021 125 Calls….#Leaps

SPY 21dte ladder strat

SPY 21 dte ladder strat
I’m switching from ICs to Risk Reversals during this period of low volatility.
STO Feb27 267/265 BuPS @ 31 x2. BTO Feb27 276/278 BuCS @.67 x1. Goal is for credit to cover debit.
Opened a portfolio-style hedge in SPY to mitigate losses on the long side.


#earnings #shortstrangles TWTR Sold March…

#earnings #shortstrangles TWTR
Sold March 15, 28/42 strangle for 1.16

SPX 1-dte expiring

#SPX1dte $SPX Feb 6th 2710/2690 put spreads expiring worthless. Sold yesterday for 1.10.

Earnings trades

#Earnings Bought to Open $FEYE Feb 8th 18.5 #LongStraddle for 1.81. Need a 9.7% move, which is the 12-quarter average.
Bought to Open $MPC Feb08/Feb15 67.5 #DoubleCalendar for .65.

#fuzzy MU STC the 35/35…

MU STC the 35/35 for 7.38 credit. Total loss of 6.92 but I am now out of my biggest losers. It could have been much worse, it was down 25+ points at one point.

Everything left is solidly in the green EXPE, GILD, XBI.

Also today is the anniversary of the SVXY implosion and my biggest trading losses ever. While I still have a long way to go to break even on cost basis and even further to hit all time highs, the tactics we have been developing since then have been account savers for fixing bad trades. Thanks everyone for the input and by all of us trying new techniques I think we are all able to handle volatility better and even profit more from it. Keep up the good work!

At least 2 accounts are about to hit all time highs, 4 to go.

I have a bunch of cash now and will be adding some trades tomorrow.