EWZ DiagBFly

#DiagonalButterfly

$EWZ @ $30.39 (exact same price as last Friday!)
BTC 1 EWZ June 12: 30 short straddle @ $0.37 (originally sold for $1.84)
STO 1 EWZ June 19: 31 straddle @ $2.14

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

OptionsExpiration

SLB 06/12/2020 19.50 Covered Calls
SQQQ 06/12/2020 10.50 Covered Calls
VXX 06/12/2020 29.00 Diagonal Puts
VXX 06/12/2020 30.00 Diagonal Puts
VXX 06/12/2020 30.50 Diagonal Puts
VXX 06/12/2020 31.00 Diagonal Puts

No assignments because I rolled almost everything to next week.
The June monthly expiration will be a big one.

#coveredcalls M Bought to close…

#coveredcalls M
Bought to close July 12, 9.50 covered call for .01, sold July 2, 9 call for .31.

IWM

IWM is ex-div on Monday

SPX 7-dte

#SPX7dteLong Bought to Open $SPX June 19th 3000/3020-3030/3050 condors for 18.40, with SPX at 3017.

#spx1dte

VXX Diagonal rollup

with the stock at 40.99
Bought to close VXX 06/12/2020 34.0 Calls / Sold 06/19/2020 35.0 Calls @ 0.16 Credit + 1.0 point bump in the strike price. (rolls are getting worse as the day goes on).

LULU strangle

Sold $LULU 7/17 250/340 strangle (1 standard deviation–put and call deltas at 17 and 16) for 8.20 credit. Considered an iron condor but I decided to go with a smaller position for a trade that is much more easily adjustable if the stock has a big move in either direction. IV still high after earnings (IV rank 60).

TRADES:

PLAY STO 6/19/20 19.0 19.0 CALLS @.55
PLAY STO 6/19/20 14.0 PUTS @.65
AAL STO 6/19/20 19.5 CALLS @.51
NCLH STO 6/19/20 21.0 CALLS @1.10
DAL STO 6/19/20 33.0 CALLS @.71
Have a great weekend everyone. ;>)

TQQQ

In my IRA, STO July 2, 40 puts at .51 cents. A small trade and the market is looking ugly right now.

Econ Calendar for week of 6/15/20

#FOMC Jerome Powell opens his yapper again on Wednesday

Screen Shot 2020-06-11 at 12.57.51 PM
Screen Shot 2020-06-11 at 12.57.51 PM

Link to calendar: https://research.investors.com/economic-calendar/

WORK

Rolled $WORK Jun 12 34 #CoveredCalls // Jun-19-2020 32 @0.65 Credit. Basis now $27.22.

LULU

Rolled $LULU Jun-12-2020 265/275 #BUPS // Jun-26-2020 @1.59 Credit.
Also holding Jun-19-2020 265/275 #BUPS – have started rolling alternating weeks two weeks out.

VXX Diagonal Call Rollups

Bought to close 1 VXX 06/12/2020 37.0 Call / Sold 1 06/19/2020 42.0 Call @ 0.09 Credit + a big 5.0 point bump in the strike price for next week with the stock at 38.48.

Edit: with the stock at 41.02 added this –
Bought to close VXX 06/12/2020 36.0 Calls / Sold 06/19/2020 39.0 Call @ 0.05 Credit + a 3.0 point bump in the strike price.

Edit2: with the stock at 41.76 added this –
Bought to close VXX 06/12/2020 35.0 Calls / Sold 06/19/2020 36.50 Call @ 0.05 Credit + 1.5 point bump in the strike price. (rolls are getting worse as the day goes on).

ADS Covered Call Rollup

Bought to close ADS 06/12/2020 49.0 Covered Calls / Sold ADS 06/19/2020 52.0 Covered Calls @ 0.05 Credit plus an additional 3.00 points on the strike price for one more week.

WBA OXY Covered Calls

Late fills
Bought to close WBA 06/12/2020 41.0 Covered Call / Sold WBA 06/19/2020 41.50 Covered Call @ 0.31 Credit plus an additional 0.50 on the strike price.
Bought to close OXY 06/12/2020 17.0 Covered Calls / Sold OXY 06/19/2020 17.50 Covered Call @ 0.52 Credit plus an additional 0.50 on the strike price for one more week.