CINF – one more roll

Bought to close 1 CINF 06/19/2020 65.0 Put / Sold 1 CINF 07/17/2020 60.0 Put @ 0.60 Credit plus a 5.00 point lower strike.

NVDA BUCS Closed / TQQQ Puts / DDOG Put Closed /

#BUC
$NVDA STC 6/19 355/365 BUCS at 8.20. BTO 5/22 at 5.20

#shortputs
$TQQQ STO 7/31 50 put at 1.25. Thank you @jsd501
$DDOG BTC 6/19 put at .10. STO at 1.35 on 6/16

SPX 1-dte

#SPX1dte Sold to Open $SPX 2985/3005-3185/3205 condors for 1.15, IV 26%, SPX 3106, deltas -.06, +.06

BIIB

#ShortPuts – Going for a quickie…

Sold BIIB JUN 26 2020 245.0 Put @ 2.20

CINF

#ShortPuts – Thanks @optioniceman !

Sold CINF Aug 21 2020 50 Puts @ 2.00

WEX Short Puts

First time in this underlying. Sold $WEX 7/17 145 put @ 4.50 with the stock around 173. Bid/ask spreads a little wide in this one.

SPX 7-dte

#SPX7dteLong Sold to close $SPX June 19th 3030/3050 call spreads for 18.00. Condors bought last Friday for 18.40. I’m waiting to sell put spread on any move down. I wanted to exit to avoid gap down risk tomorrow morning.

Also, added the remaining call spreads that I wasn’t filled on yesterday for June 24th 3090/3110-3120/3140 for 1.05 less than yesterday.

#coveredcalls X Bought 100 shares…

#coveredcalls X

Bought 100 shares @8.20. sold July 2, 8.50 call for .48, debit of 7.72.

TQQQ

BTC June 19, 50 puts at .01, sold at .61

In mt IRA, BTC the 45 puts at .01, sold at .85

I have one more short put to close and that is it for this week.

ADS early Rollup

Bought to close 1 ADS 06/19/2020 47.0 Covered Call / Sold 1 ADS 06/26/2020 50.0 Call @ 0.10 Credit + 3.00 better strike for only one more week.

Markets

https://www.zerohedge.com/markets/what-expect-after-tomorrows-massive-option-expiration

“The short-term setup for an SPX pullback coming out of tomorrow’s Op-Ex is there, particularly as we see a “clustering” of the CTA deleveraging- and Dealer Gamma- levels not far below market.”

Maybe someone could translate this into plain English for me.
I don’t speak “quant”

CINF major Put rolldown

Bought to close 1 CINF 06/19/2020 65.0 Put / Sold 1 CINF 08/21/2020 50.0 Put @ 0.24 Credit.

A little history:
04/30 – Sold 05/15/2020 65.0 Put @ 0.90 (big mistake)
05/14 – Rolled 05/15/2020 65.0 Put to 06/19/2020 65.0 Put @ 0.80 Credit (was 15 points ITM)
Today – Rolled the Jun 65 Put down to the August 50.0 Put @ 0.20 Credit ( I would take the stock here near the Covid low).
My Cash backed put requirement just dropped $1500.
Today is the first day that the August contracts traded on this stock.

ROKU

#ShortPuts #Rolling – Finally out. Rolled 116 to 114 to 112 to 108 accumulating premium. Not even going to risk holding another day.

Bought to Close ROKU JUN 19 2020 108.0 Put @ .05 (sold for 2.80)

TQQQ

#ShortPuts – Thanks @jsd501 !

Sold TQQQ JUL 31 2020 50 Puts @ 1.23

LULU

Rolled $LULU Jun-19-2020 265/275 #BuPS // Jul-02-2020 270/280 #BuPS @1.25 Credit.
As noted before, also holding Jun-26-2020 265/275 #BuPS with the intent of rolling every other week.

AAL

Rolled. Jun-19-2020 $19.50 #CoveredCall // Jun-26-2020 19.00 @ 0.40 Credit.

AMD

Rolled $AMD Jun-19-2020 55 #Shortputs // Jun-26-2020 55 @ 0.98 Credit.

CHWY

BTO July 17, 50 calls and STO July 2, 60 calls for a debit of 3.15

TQQQ

In my IRA, BTC June 19, 45 puts at .01, sold at .85