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.

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


#ShortCalls #BearCallSpreads – Stopped out of a few for profits. Looking to add a little higher now…

Bought to Close UVXY DEC 13 2019 20.0 Calls @ .46 (sold for .72)
Bought to Close UVXY DEC 20 2019 25.0/35.0 Bear Call Spreads @ .24 (sold for .86)

UVXY Jan call spread

Sold $UVXY 1/17/20 20/25 bear call spread @ .59

#earnings #closing DE ADSK #shortstrangles…

#earnings #closing DE ADSK
#shortstrangles #doublecalendar

DE Nov. 26, sold a Dec. 20 160/195 strangle for 1.34, bought Nov. 29 for .80
ADSK Nov. 26 bought a Dec. 6/Dec. 13 170 double calendar for .48. Nov. 29 sold for 1.04
Thanks to Jeff for the data

Upside Warning canceled

#VIXIndicator The intraday $VIX spike has canceled the Upside Warning, which had been in effect since Oct 16th.

#shortcalls DE Sold Dec. 20,…

#shortcalls DE

Sold Dec. 20, 172.50 call for 1.06

SPX 7-dte

#SPX1dte Sold $SPX Dec 9th 3000/3025-3190/3215 condors for 1.70, IV 11.65%, Exp move: +/-43.12, SPX 3134.

Haven’t done a multi-dayer in a few weeks, and I’m going with .06-.08 delta range.

Econ Calendar for week of 12/2/19

#Jobs report Friday

Screen Shot 2019-12-02 at 6.12.38 AM
Screen Shot 2019-12-02 at 6.12.38 AM

Link to calendar: