SQQQ

Bought 100 SQQQ / Sold 1 SQQQ 06/12/2020 10.50 Covered Call @ 8.88 Debit
Bought 100 SQQQ / Sold 1 SQQQ 06/19/2020 11.00 Covered Call @ 8.83 Debit.
Giving both room to run before hitting the strikes if this market finally pulls back.

EWZ DiagBFly

#DiagonalButterfly 

Rolling the short straddle early due to the strong upward momentum.

$EWZ @ $30.39
BTC 1 EWZ June 05: 27 short straddle @ $3.55 (originally sold for $1.62)
STO 1 EWZ June 12: 30 straddle @ $1.84

The short straddle is covered by a long EWZ Sep 18: 24 put / 30 call strangle.

Now it becomes interesting. The strong move perhaps came earlier than I would have liked, but the long Sep $30 call is now ITM. That has come at a cost of some debit rolls, but the credits will come further down the timeline.

VXX

BTO Aug 20 80 Call $0.51
Following Jeff & Option Iceman

SPX 7-dte

#SPX7dteLong Bought to Open $SPX June 10th 3100/3120-3130/3150 condors for 17.10, with SPX at 3126.

#closing #shortputs IVZ APA IVZ…

#closing #shortputs IVZ APA #shortputspread DIS

IVZ bought June 19, 8 put for .10, sold May 21 for .80
APA bought June 12, 11 put for .16, originally sold May 12 and rolled on May 13.
DIS bought June 19, 100/110 put spread for .39, originally sold March 2, rolled twice, hedged once, made about 3 cases of Coors Light

AMD

Rolled AMD Jun-05-2020 50 #ShortPuts // Jun-12-2020 51 @.75 credit.

VXX long call

Following Jeff from yesterday.
Bought 1 VXX 08/20/2020 80.00 Call @ 0.48.
This strike is 5 points lower than my earlier buy

NVDA

#ShortPuts – Just about the only stock on my list that’s lower today. Stop set on my June 315 so going out a couple weeks beyond that but well before earnings. Selling at the 50ma and the expected move. Also have a covered call ITM so wouldn’t mind some weakness…

Sold NVDA JUL 02 2020 315.0 Put @ 5.50

WYNN

#BullPutSpreads – In a nice squeeze and looks strong. MGM breaking out and LVS and PENN strong. But…for risk reduction selling a spread in case of an implosion. At least I’ll get it at a nice basis no matter how low it goes on a pullback.

Sold WYNN JUL 17 2020 100.0/90.0 Bull Put Spread @ 5.30

JPM

#ShortPuts – Bought to Close JPM JUN 19 2020 80.0 Puts @ .10 (sold for 1.57)

ZM iron condor

Sold $ZM 7/17 165/175/270/280 iron condor @ 3.35 with the stock at 218.82. Collecting about 1/3 the width of the strikes. Post-earnings. IV still relatively high with IV rank at 57. Short strikes at 18 (puts), 24 (calls).

SPY Rolling Diagonal Call Ladder

Bought to close 1 SPY 06/03/2020 303.00 Call / Sold 1 SPY 06/10/2020 304.00 Call @ 0.34 Credit plus a point higher on the short strike.
(Avoiding assignment for the call due to expire today)
#SPYLadder

Fading DKNG

Sold $DKNG 7/17 40/45 bear call spread @ 1.56. #tastytradefollow

A TRADE:

NCLH BTO STOCK @18.05 & 18.11

SQ C Puts

#shortputs
$SQ STO 6/5 89 puts at .67
$SQ STO 6/12 puts at 2.00
$C STO 7/17 puts at 1.21

EWW Puts Closed

#shortputs
$EWW BTC 6/19 28 puts at .04. STO 5/19 at .62. Thank you @fuzzball and @ramie77

SLB

Rolled SLB Jun-05-2020 18 #CoveredCalls // Jun-12-2020 18.5 @0.25 debit, for 50c higher Strike.

WDC Puts Closed

#shortputs
$WDC BTC 6/19 40 put at .51. STO 5/6 at 2.86

ZM Earnings

#Earnings #JadeLizards #OneNightStand – Closing the call side before it gets to max loss and letting the put side expire. Total profit of 7 cases of Coors Light. 🙂 🙂

Bought to Close ZM JUN 5 2020 197.5/200.0 Bear Call Spread @ 1.80 (Lizard sold for 2.90)

OXY

Sold OXY 06/05/2020 17.00 Covered Calls @ 0.06. Two days until expiration with the stock at 15.35

UVXY longs

#VXXGame Bought to Open $UVXY July 17th 90 calls for .47. I’d prefer to go further out in time but there are no August options yet and September’s are still pretty expensive. I’m looking to add some Sept soon.

SPX calls stopped

#SPX1dte BTC $SPX June 3rd 3120/3140 call spreads for 2.00. Condors sold yesterday for 1.10.

VXX long call

Following Jeff from yesterday.
Bought 1 VXX 08/20/2020 85.00 Call @ 0.43.
I will be writing against this weekly and should be able to cover my cost in a few weeks.

SPY diagonal adjustment

Sold to close 1 SPY 06/19/2020 310.00 Call / Bought 1 SPY 08/21/2020 325.00 Call @ 0.34 Credit.
Bought the 310 call @ 1.97 and sold today @ 5.68.

I will continue and roll out the short calls in the diagonal weekly until August.

Edit: Rolled 1 SPY 06/03/2020 299.0 Call to a 06/10/2020 300.0 Call for a 0.05 Credit and pushed the strike up a point.

SPY – I’m out

Sold the last lot of SPY @ 309.62 in the pre-market. Bought this @ 230.00 in March.