SPX 1-dte

#SPX1dte Sold to Open $SPX July 15th 3080/3100-3255/3275 condors for 1.00, IV 21.25%, SPX 3198 (close), deltas -.05, +.06. Filled three minutes after the closing bell.

VXX

VXX is down almost 3 points from the peak of 36.01
Selling calls in the morning, and Puts in the afternoon
Sold VXX 07/17/2020 31.50 Puts @ 0.39 adding to my position.
The puts don’t scare me as much as the calls.

I still have Long Puts with nothing written against them for this week, but fully paid for with previous writes.

Long Put +3 Jun 18 2021 9.00

Long Put +2 Jan 21 2022 8.00
Long Put +2 Jan 21 2022 7.00
Long Put +2 Jan 21 2022 6.00
Long Put +2 Jan 21 2022 5.00

Long Put +2 Jun 17 2022 8.00

GS earnings analysis

#Earnings $GS reports tomorrow morning. Below are details on earnings one-day moves over the last 12 quarters.

April 15, 2020 BO +0.16%
Jan. 15, 2020 BO -0.18%
Oct. 15, 2019 BO +0.31%
July 16, 2019 BO +1.86%
April 15, 2019 BO -3.81% Biggest DOWN
Jan. 16, 2019 BO +9.54% Biggest UP
Oct. 16, 2018 BO +3.01%
July 17, 2018 BO -0.18%
April 17, 2018 BO -1.64%
Jan. 17, 2018 BO -1.86%
Oct. 17, 2017 BO -2.60%
July 18, 2017 BO -2.59%

Avg (+ or -) 2.31%
Bias 0.17%, no significant bias on earnings.

With stock at 211.50 the data suggests these ranges:
Based on current IV (expected move into Friday per TOS): 201.02 to 221.98 (+/- 5.0%)
Based on AVERAGE one-day move over last 12 quarters: 206.61 to 216.39
Based on MAXIMUM one-day move over last 12 Q’s (9.5%): 191.32 to 231.68
Based on DOWN max only (-3.8%): 203.44

Open to requests for other symbols.

#shortputs CHNG Sold Aug. 21,…

#shortputs CHNG

Sold Aug. 21, 11 put for 1.14. Stock is just under 11, earnings Aug. 17.

#tastytradefollow

TQQQ

Just testing the market.

STO August 21, 45 puts at .57 cents.

VXX

Sold to Open VXX Jul 17 2020 41.0 Call @ $0.66 adding to my position.
Sold against long August and September Calls left over from older diagonals.
#DoubleDip