Direxion Expedites the Change in Investment Objectives and Strategies of Ten Daily Leveraged and Daily Inverse Leveraged Funds | Direxion

Source: Direxion Expedites the Change in Investment Objectives and Strategies of Ten Daily Leveraged and Daily Inverse Leveraged Funds | Direxion

SPXpire

#SPX1dte Expiring: $SPX March 27th 2380/2400-2760/2780 condors, sold yesterday for 1.80.

I tried a couple different SPX1dte orders for Monday but didn’t get filled and didn’t want to chase for reduced premium. IV on the Monday expiration was only 49% at the close, which is much lower than what we’ve been seeing in this correction.

TQQQ adding

#LongLEAPs BTO $TQQQ Jan 2021 85 calls for 1.90, adding to the 90-strike calls previously purchased.

OptionsExpiration

Expired:
AAL 03/27/2020 17.50 Covered Call
ADS 03/27/2020 45.00 Covered Calls
CCL 03/27/2020 17.50 Covered Call
GPS 03/27/2020 9.00 Covered Call
HAL 03/27/2020 7.00 Covered Call
HFC 03/27/2020 25.00 Covered Call
KSS 03/27/2020 19.00 Covered Call
M 03/27/2020 6.50 Covered Call
NUGT 03/27/2020 10.00 Covered Call
OKE 03/27/2020 27.00 Covered Call
OKE 03/27/2020 40.00 Covered Call
OXY 03/27/2020 21.00 Covered Calls
SLB 03/27/2020 18.00 Covered Calls
SLB 03/27/2020 22.00 Covered Calls
SLV 03/27/2020 14.00 Covered Call
VIAC 03/27/2020 19.00 Covered Calls
XOM 03/27/2020 40.00 Covered Call
XOP 03/27/2020 10.00 Covered Call

AAL 03/27/2020 13.00 Put

Assignments:
TPR 03/27/2020 11.00 Covered Call
AAL 03/27/2020 22.00 Put
MRO 03/27/2020 9.00 Puts

TNA

#ShortPuts – Sold TNA APR 03 2020 16.0 Put @ 2.00

SPY

#ShortPuts – Another one that went green quickly enough to take off same day. Getting rid of weekend risk…

Bought to Close SPY MAR 30 2020 245.0 Put @ 1.30 (sold for 3.45)
Bought to Close SPY MAR 30 2020 240.0 Puts @ .70 (sold for 2.25)

T Covered Call Rollup

Bought T Mar 27 2020 28 Calls / Sold T Apr 03 2020 28.5 Calls @ Net Credit of $0.07 + 0.50 better strike.

My stock basis is 27.72