#CoveredCalls #ShortPuts – Out most of this week but had a couple fills…

Bought to Close LABU SEP 20 2019 42.0 Call @ .10 (sold for 2.50)
Sold LABU OCT 04 2019 38.0 Call @ 2.10

Bought to Close SPY SEP 20 2019 280.0 Put @ .10 (sold for 2.96)

Bought to Close URI SEP 20 2019 110.0 Put @ .10 (sold for 2.55)

SPX 1-dte

#SPX1dte Sold to Open $SPX Sept 13th 2970/2980-3040/3050 condors for .45. Double-size position, 10-wide.
IV: 9.33%, SPX 3016

SPX rolling

#SPX1dte BTC $SPX Sept 18th 3045/3070 call spreads for 3.50. Condors sold yesterday for 2.65. This didn’t quite reach my stop level, but I’m switching to cautiously bullish today given the Warning’s cancellation. Which also explains this spread:

Sold $SPX Sept 16th 3000/2975 put spreads for 3.00. I’ll add another one tomorrow. I’m going to hold off on short call spreads for now, except for the 1-dte condors.

ORLY call spread

$ORLY Not the ideal setup from a premium selling angle (IV rank is relatively low at 21) but with the weakness in this segment, and this stock showing a strong rejection at the recent highs, I sold a 10/18 410/420 bear call spread @ 2.60. Short strike at 33 delta and above the highs from July and Sep (looking like a potential double top).

Downside Warning’s minutes are numbered

#VIXIndicator The Downside Warning will most likely be canceled at today’s close. Two more consecutive days closing below 14.50 would mean an Upside Warning hitting at Monday’s close.

AVGO trade

#Earnings Sold to Open $AVGO Sept 13th 280/285-325/350 condor for 1.02. Strikes are right around the max moves in each direction. I’m trying this despite the trouble on the June earnings report when it had its biggest down move. I was able to roll that one and get out with profit on the following week.

$RH update: Still holding out for some profit on my Long Strangle. Need to reach 173.50 to fill my order… almost got there this morning.

SLB Rollup

Bought to close SLB 09/13/2019 36.00 Covered Calls /Sold SLB 09/20/2019 36.50 Covered Calls @ 0.15 Credit + 0.50 better strike.

Making up for my way too early covered call sale late last week when I was waiting for my short Puts to expire.
Now I will be watching my 2 Bear Calls spreads with the shorts @ 37.00 and 38.00 for tomorrow’s expiration.