#SPX1dte My Friday condor was blown out on the upside… I foolishly thought we had calmed down enough that we wouldn’t have a 7% up day. Full loss… sold for 1.75. This means I’ve done nothing but tread water on this strategy this year.
Daily Archives: Monday, April 6, 2020
A TRADE:
#SHORT CALL RCL STO 4/9/20 32.0 CALL @1.16
#TRADES: #SHORT CALLS AAL 4/9/20…
ROKU put spread
Sold $ROKU 5/15 80/75 bull put spread @ 1.46
SPY
#ShortPuts #ShortCalls #CoveredCalls – Booking and rolling again…
Bought to Close SPY APR 06 2020 254.0 Puts @ .05 (rolled up this morning to get 1.83 total credit)
Sold SPY APR 08 2020 255.0 Puts @ 1.74
Rolled SPY APR 6 2020 251.0 Call to APR 09 2020 253.0 Call @ .09 debit (covered with 2.05 credit received)
Rolled SPY APR 6 2020 257.0 Calls to APR 8 2020 260.0 Calls @ .05 debit (1.15 total so far)
GILD
#ShortPuts – Jumping back in this one. Selling just before earnings…
Sold GILD APR 24 2020 70.0 Puts @ 1.90
#hardroborrow UVXY I had to…
#hardroborrow UVXY
I had to buy the short 100 shares UVXY position, hard to borrow according to TD Ameritrade. They gave me until noon to get out of town.
#shortputs NUGT Sold April 9,…
#shortputs NUGT
Sold April 9, 9 put for .79
#shortputspread #closing AAPL Bought April…
#shortputspread #closing AAPL
Bought April 17, 220/230 put spread for .98 sold for 2.35 on April 2, thanks Ramie for the trade.
#assignment UVXY I was assigned…
#assignment UVXY
I was assigned short 100 shares of IVXY from an April 17, 25/35 short call spread sold February 27 for 1.65. I sold the long call for 16.20-Yay. My cost basis is just under 43, UVXY is around 51.
XBI
#ShortPuts – Just to get these all in the same strike…
Rolled XBI APR 17 2020 70.0 Puts to XBI APR 17 2020 75.0 Puts @ .93 credit (4.50 avg credit now)
SPY
#ShortPuts – See if I can squeeze a little more out of these today. Short covered 251 and naked 257 calls so wouldn’t mind taking some downside heat.
Rolled SPY APR 06 2020 242.0 Puts to APR 06 2020 254.0 Puts @ .63 credit (1.83 total now)
And a couple weeks out:
Rolled SPY APR 17 2020 220.0 Put to APR 17 2020 240.0 Put @ 2.04 credit (5.94 total now)
Options Bistro 