Downside Warning in effect

#VIXIndicator The $VIX close today was 14.91, which is over 25% higher than Wednesday’s close, triggering a Downside Warning. Based on past behavior, the chance for a further drop in the coming days or weeks is high. That said, the last one (on Oct 2nd) didn’t pan out, with only a slightly lower intraday low the next day, before cruising into record highs after that.




Sold TSLA 12/06/2019 352.50 Calls @ 0.72 and
Sold TSLA 12/06/2019 355.00 Calls @ 0.52 against long calls left over from old spreads.

SPX Closed

Two tranches
$SPX BTC 3095/3115 at .40. STO at 1.05
$SPX BTC 3095/3115 at .30. STO at .55

The call side of one tranches (3165/3185) expired. STO at .45

Thank you @jeffcp66 for the excitement. 🙂

SPX closed

#SPX1dte BTC $SPX Dec 2nd 3115/3095 put spreads for .25. Sold Friday for .50.

Expiring: Dec 2nd 3165/3185 call spreads, sold Friday for .50



New SLB Diagonal Call Spread
Sold 12/06/2019 37.00 Calls / Bought SLB 01/03/2020 41.50 Calls @ 0.16 Credit.
These are paired with my fully covered calls at the same strike for this week.

SLB regular Dividend of $0.50 : SLB trades ex-dividend Tuesday (Tomorrow) and will be payable to shareholders of record as of 12/04/2019. There may be a bit of a dip in the price tomorrow because of this.