#SPX1dte Sold to Open $SPX Oct 7th 2865/2885-2980/3000 condors for 1.00, IV: 9.92%, SPX 2943.
Expiring today (hopefully): 2820/2840-2950/2970 condors, sold yesterday for 1.20.
Daily Archives: Friday, October 4, 2019
SPX 1-DTE Stopped
SPX 1-DTE 2950/2970 Call side @0.85. Condor sold yesterday for 1.20. Stop was at 2942.5.
Closing GDXJ
Bought to close $GDXJ 10/18 35/42 strangle @ .31. Sold for .79 on 9/19.
DRIP
#BearCallSpreads – Adding again even though I couldn’t quite get the premium of the starter position. Pretty much a full position now before oil prices spike again on the next Saudi attack.
Sold DRIP DEC 20 2019 130.0/140.0 Bear Call Spreads @ 1.50
SHOP
#CoveredCalls – Rolling for nice credit and keeping some downside protection. Rolling into what should be a week or two before earnings.
Rolled SHOP OCT 04 2019 295.0 Call to OCT 18 2019 297.5 Call @ 1.50 Credit (16.00 total now)
WYNN
#CoveredCalls – Sitting under some resistance so continuing to sell aggressively. Earnings not until first week of Nov so plenty of time for more adjustments/sales before then.
Bought to Close WYNN OCT 04 2019 110.0 Calls @ .10 (sold for 2.80)
Sold WYNN OCT 11 2019 110.0 Calls @ 2.05
SPX Monday call spread closed
#SPX1dte . BTC $SPX Oct 7th 2960/2985 call spread for 1.95. Condors sold for 2.85 on Wednesday. It came within expected move today. The #VIXIndicator is getting whipsawed this time around. It will suck two get to false signals in a row, but it is shaping up that way right now. Next week will give us the answers.
#earnings #closing COST Closed Nov….
Closed Nov. 15 #jadelizard and Oct. 18 long put spread from yesterday, made $70.
STZ
COST closed
#Earnings . Sold to close $COST Oct04/Oct11 285 #DoubleCalendar for 4.00. Bought yesterday for 2.00.
I thought I was asking too much to start at 4.00, but it filled at the bell. Could have gotten more.
September Jobs Report
#Jobs — 50-year low in unemployment rate
+136,000 non-farm payroll jobs, vs. 145K expected
Unemployment at 3.5%, lowest since 1969
U6 unemployment at 6.9%, down by 0.3
Wages unchanged, 2.9% year over year
Labor force participation 63.2%, unchanged
August revised up from 130K to 168K
July revised up from 159K to 166K
Options Bistro 