This time on a percentage basis… 7.6% on SPX. For a bigger drop you need to go back to Oct 2008.
Also, highest VIX close since January 2009.
Daily Archives: Monday, March 9, 2020
VIX Closed Opened 3/15/20 Long…
VIX Closed
Opened 3/15/20 $35 Long Calls @ $1.50 on 3/2. Closed at the open this morning for $18.
Was a fishing trade early on in this mess.
T2108
Currently 4.70. Today’s low was 3.68.
Testing the waters with TLT
With $TLT now around its lows of the day, sold 3/20 180/185 bear call spread @ 1.20. Obviously it will be on a tight leash.
SPX closed
#SPX1dte BTC $SPX Mar 9th 2780/2860 put spreads for 7.20. Condors sold for 1.60 on Friday. Two Mondays ago I let it ride and ended up with a full loss. This week, I got out at a fat loss and I’m guessing it will expire worthless. Such a bad day!
SPCE
#CoveredCalls – Rolling down for additional credit this week.
Rolled SPCE MAR 13 2020 20.0 Calls to MAR 13 2020 17.0 Calls @ 1.30 credit (4.00 total now)
SPY
#ShortPuts – Going way out and down…
Sold SPY MAY 15 2020 225.0 Put @ 5.25
DRIP dropping
150 point swing so far
UVXY
Sold $UVXY March 20th 35 calls for 17.50. Bought for .31 on Jan 27th.
Some of these are my bright spots today. I have more longs than shorts so I can take profits on some of these. The rest is pretty ugly, mainly due to that stupid DRIP call I sold on Friday.
ROKU
Will be #CoveredCalls eventually – Sold ROKU MAR 13 2020 100.0 Calls @ 3.00
if this isn’t an appropriate…
if this isn’t an appropriate background, i will never know …
Options Bistro 