#CoveredCalls #ShortPuts – Down to the wire on some of these…

Bought to Close SPY MAR 23 2020 230.0 Call @ .10 (sold for 2.20)
Sold SPY Mar 25 2020 230.0 Call @ 3.50

SPY Mar 23 2020 220.0 Put (sold for 2.25)

SPY MAR 225.0 Put @ 222.0 basis
SPY MAR 230.0 Put @ 225.75 basis

Tomorrow looking to add another short put and a couple more short calls out to Wed.


#SPX1dte Expiring: 1975/2000-2550/2575 condors, sold Friday for 2.25.


So I don’t quite get why electric utilities are down so much. DUK is down from 86 to 62 in 4 days.
Less industrial users I suppose, and no disconnections for non payment of residential bills?


#ShortPuts – Easing back into this one…

Sold XBI APR 17 2020 60.0 Puts @ 1.80

RCL Covered Call

Sold 1 RCL 03/27/2020 33.00 Covered Call @ 0.35

Fund Closings

Due to the their inability to attract sufficient investment assets, the Board of Trustees of the Direxion Shares ETF Trust has decided to liquidate and close eight ETFs (each, a “Fund” and collectively, the “Funds”), based on the recommendation of the funds’ adviser, Rafferty Asset Management, LLC. Rafferty believes they cannot continue to operate the Funds in an economically efficient manner. As a result, the Board concluded that liquidating and closing the Funds would be in the best interest of the Funds and their shareholders.
The Funds closing are as follows:
Direxion Daily Russia Bear 3X Shares
Direxion Daily Natural Gas Related Bull 3X Shares
Direxion Daily Natural Gas Related Bear 3X Shares
Direxion Daily MSCI Developed Markets Bear 3X Share
Direxion Daily Mid Cap Bear 3X Shares
Direxion Daily Regional Banks Bear 3X Shares
Direxion Daily MSCI European Financials Bull 2X Shares
Direxion Daily Total Bond Market Bear 1X Shares

TNA Buy Write

Bought 100 TNA / Sold 1 TNA 03/27/2020 15.00 Covered Call @ 10.00 net debit.

TNA has dropped from above 70. WOW

HBAN Buy Write

Bought 100 HBAN / Sold 1 HBAN 04/17/2020 10.00 Covered Call @ 6.86 net debit

T Buy write

Bought 100 T / Sold 1 T Mar 27 2020 28 Call @ Net Debit at $26.28

#coveredcalls CCL Sold March 27,…

#coveredcalls CCL

Sold March 27, 12 call for 1.10