BTC $UBER Sept 13th 32.5/38 strangles for .15. Sold for 1.12 on 8/20.
STO $UBER Oct 4th 31/37 strangles for .90
#SPX1dte Sold $SPX Sept 18th 2885/2910-3045/3070 condors for 2.65, IV 12.53%, SPX 2991. Replaces the 7-dte I closed this morning. My approach on these is to sell one, with sort deltas at .10, on any day that I cannot sell a 1-dte. So normally, Mondays and Wednesdays. I stop if SPX comes within half of the expected move. So, on this one, expected move is 43.00, so I would stop if we got within 21.50 of either short strike. But that expected move will drop each day.
Sold Oct. 4, 275/290 for 1.45.
I have once again proven my inability to time the market. Yesterday converted a bunch of ATM and ITM XBI puts on a ladder to #fuzzy to avoid the increasing margin. Of course it was up 2+ points yesterday and another 1.5 today. Will manage as #fuzzy. I had already rolled several times and converted to #jadelizard but was still facing increasing margin requirement.
Cost basis 13.80 on 20 lots and already rolled next week 78 up to Oct 11 80 for 1.07 credit so 10 lots at 12.73 but have until Dec 2021 to manage. These are on the put side. LEAPS at 80 strike, shorts at 78, 79.5, and 80 now.
Sold 1 TSLA 09/13/2019 250.00 Call @ 1.74 and
Sold 1 TSLA 09/13/2019 252.50 Call @ 1.07.
Sold these against old long September 20th calls left over from diagonal spreads. #DoubleDip