Sold SLB APR 24 2020 $17 Covered Calls @ 0.17 replacing similar options that expired Friday
Daily Archives: Monday, April 20, 2020
SPXpire
#SPX1dte The bullish slant didn’t come through but got to keep the credit.
$SPX April 20th long call spread and short put spread expired, put on Friday for .55 credit.
XLE Jade Lizard
And another idea borrowed from TastyTrade.
Sold $XLE 6/19 jade lizard (sold 28 puts + 36.21/37.21 bear call spread) for 2.10 credit. No upside risk (1.10 capped profit above 37.21) and downside breakeven of 25.90.
USO
#CoveredCalls – Low risk lottery ticket. Iceman style…buying covered stock with call ITM. Either make a little in a week or own stock considerably lower.
Bought USO stock and sold APR 24 2020 3.5 Calls @ 3.27 debit.
Make .23 or own stock @ 3.27
SPY
#CoveredCalls – Adding one…
Sold SPY APR 24 2020 292.5 Call @ 1.51
JPM strangle
Borrowing an idea from TastyTrade.
Sold $JPM 5/15 75/110 strangle @ 1.75. Put and call deltas at 10 and 13.
TRADES:
RCL STO 4/24/20 40.0 PUT @4.40 An experiment, -1 Put.
CCL BTO STOCK @12.26
CCL STO 4/24/20 12.0 PUTS @.58
PTON CC Apr 24 $32 Net $30.75 #coveredcall
SPY
#ShortPuts – Using a Mon Wed Fri ladder now for a little more safety…
Bought to Close SPY APR 20 2020 277.0 Puts @ .03 (sold for 1.25)
Sold SPY APR 27 2020 273.0 Puts @ 2.10
NVTA TWTR Calls / BX DDOG Puts
#coveredcalls
$NVTA STO 5/15 17.5 calls at .60
$TWTR STO 4/24 28 calls at .40
#shortputs
$BX STO 5/1 46 puts at 1.90
$DDOG STO 5/15 38 puts at 1.90
SLV
Sold 1 SLV Apr 24 2020 14.5 Covered Call at $0.16 replacing a similar option that expired Friday
Options Bistro 