- VIAC 6/19 $24 net $22.14
- MO 6/19 $41 net $40.05
- SJR 6/19 $17.50 net $17.18 (pays monthly dividend)
SOLD VERTICAL SPX (Weeklys) 12 JUN 20 2975/2970 PUT @.50
following Jeff and others from yesterday.
BOT VXX / 21 AUG 20 80 CALL @.49
#SPX1dte Sold to Open $SPX June 5th 3010/3030-3160/3180 condors for 1.05, IV 18.25%, SPX 3104, deltas -.05, +.06
Bought to close AAL 06/05/2020 12.00 Calls / Sold AAL 06/12/2020 12.00 Calls @ 0.28 Credit.
I’ll have to wait for a pull back to roll up in the future.
On March 4 I sold a 15 put, way too early of course. Rocking and rolling and a big run up today has me out of this one with a very small gain. Still have a July 17 20 put from a ratio spread from February.
Funny headline on zerohedge:
“We Still Expect To Be Paid” – America’s Largest Mall Operator Sues Gap For $70M In Back-Rent
“Like watching drunk hobos fight over a half-eaten sandwich at 3am…
Simon Property Group, one of the biggest – if not the biggest – mall operator in the US, us suing GAP, one of its largest tenants, claiming the retailer failed to pay more than $65.9 million in rent and other charges due during the coronavirus pandemic.
CNBC, which brought us the story, says the battle is unfolding in a Delaware state court. The lawsuit “highlights the mounting tension between retail landlords and their tenants, many of which stopped paying rent after the crisis forced them to shut stores.” It was filed on Tuesday. And a reporter at CNBC was apparently told to “expect more” lawsuits, apparently by somebody at SPG.