Interesting little 25 minute video. A couple of our guys in the simulator showing some of the issues…

Options Expiration

#OptionsExpiration – No expirations but one assignment. SQ getting called away at 63.50. Was originally assigned the stock at 76.00 during an earnings implosion. Rode it all the way to 55 selling calls. Gone now with a very satisfying profit of .15 LOL

So long I’ll see ya next time!!

SPX 1-dte

#SPX1dte Sold to Open $SPX Jan 27th 3195/3215-3330/3350 condors for 1.15. IV 11.20%, SPX 3290.

Expiring (a little sweaty) Jan 24th 3265/3285-3350/3370, sold yesterday for .80


#BearCallSpreads – Thanks @Jeff ! Starter position looking to add for about 2.00…

Sold DRIP MAR 20 2020 140.0/180.0 Bear Call Spread @ 1.60

UAL strangle

Sold $UAL 3/20 75/90 strangle @ 2.32 with the stock at 81.77. Delta neutral with the strikes around 21 delta. Will adjust if the stock makes any more big moves.

CTXS closed

#Earnings Sold to close $CTXS Jan24/Jan31 119 #DoubleCalendar for .05. Bought for .47 on Wednesday. I had three Dub Cal orders working that day. This was the only one that filled, and the only of the three that was a loser! (I closed only the call side. Long puts are a lottery ticket for next week)


#ShortPuts – Filled on another one. This is where I’d really like to build a position…

Sold XBI MAR 20 2020 80.0 Put @ 1.00


#BearCallSpreads – Adding a couple…

Sold UVXY MAR 20 2020 15.0/30.0 Bear Call Spreads @ .95


#ShortPuts – Starter position..

Sold XBI FEB 21 2020 85.0 Put @ 1.05


#ShortPuts – Back in again…

Sold ISRG FEB 14 2020 557.5 Put @ 3.12