OptionsExpiration

EXPIRED:
AAL 07/24/2020 13.50 Covered Call
ADS 07/24/2020 50.00 Covered Calls
ADS 07/24/2020 50.50 Covered Call
KSS 07/24/2020 21.50 Covered Calls
KSS 07/24/2020 23.00 Diagonal Calls
KSS 07/24/2020 23.50 Diagonal Calls
SLB 07/24/2020 20.50 Covered Calls
SLB 07/24/2020 21.00 Diagonal Calls
SLB 07/24/2020 21.50 Diagonal Calls
VIAC 07/24/2020 26.00 Diagonal Calls
VXX 07/24/2020 33.50 Diagonal Calls
VXX 07/24/2020 34.00 Diagonal Calls
WBA 07/24/2020 41.00 Covered Call
WBA 07/24/2020 41.50 Covered Call
WFC 07/24/2020 27.50 Covered Calls
WFC 07/24/2020 28.00 Diagonal Calls
WFC 07/24/2020 28.50 Covered Call

VXX 07/24/2020 28.00 Diagonal Puts
VXX 07/24/2020 29.00 Diagonal Puts
VXX 07/24/2020 30.00 Diagonal Puts (Barely)

ASSIGNMENTS:
None

TQQQ

STO December 18, 35 puts at 2.05, I guess someone is very bearish.

SPX 1-dte

#SPX1dte Sold to Open $SPX July 27th 3115/3135-3270/3290 condors for 1.25, IV 13.12%, SPX 3213, deltas -.06, +.05.

Expiring: July 24th 3125/3145-3290/3310 condors, sold yesterday for .95

VXX Puts

Bought to close VXX 07/24/2020 29.50 Puts @ 0.01. Sold these on 7/20 @ 0.59

VIAC Rollout

Bought to close VIAC 07/24/2020 24.0 Diagonal Calls / Sold 07/31/2020 24.0 Calls @ 0.38 Credit

SPX 7-dte

#SPX7dteLong Bought to Open $SPX July 31st 3185/3205-3215/3235 condors for 17.55, with SPX at 3213.

Hanging on the edge to end the day below 3205 for full profit on today’s.

Markets

Navigating The Tech Bubble & Living To Tell About It

If you have been around the markets for any length of time, you can quickly spot the “pigeons at the poker table.” They are the ones that rationalize why prices can only rise, why “this time is different,” and focus only on the bullish supports.

#MacroView: Navigating The Tech Bubble & Living To Tell About It.

TRADES: Not timely.

APT BTC 7/24/20 25.0 CALLS @.02 STO @1.15
APT BTC 7/24/20 23.0 CALLS @.05 STO @.53
APT STO 7/30/20 24.0 CALLS @.80
SDGR BTC 8/21/20 100.0 CALL @1.30 STO @8.00
SDGR BTO STOCK @75.0

LABU

#ShortPuts – Sold LABU AUG 14 2020 40.0 Puts @ 1.10 and 1.15

Econ Calendar for week of 7/27/20

Screen Shot 2020-07-24 at 10.53.24 AM

Screen Shot 2020-07-24 at 10.49.56 AM

Link to calendar:

NTAP UVXY WYNN

#ShortPuts #CoveredCalls – A few today…

NTAP: Old earnings trade still plugging away with covered calls. Next earnings still a few weeks away.
Bought to Close NTAP JUL 24 2020 45.0 Calls @ .04 (sold for .71)
Sold NTAP JUL 31 2020 45.0 Calls @ .48

UVXY: Good day in this one. Rolling covered calls and replacing short puts expiring today.
Rolled UVXY JUL 24 2020 27.0 Calls to JUL 31 2020 27.5 Calls @ 1.15 credit (4.55 total now)
Sold UVXY JUL 31 2020 26.0 Puts @ 1.02

WYNN: Glad I went 10 dollars in the money with the covered call last week.
Bought to Close WYNN JUL 24 2020 70.0 Call @ 2.22 (sold for 13.35)
Sold WYNN JUL 31 2020 70.0 Call @ 3.80

T Earnings

#ShortPuts #Earnings – Didn’t get the bounce so booking it for small gain. Still holding Aug 28.5 strike.

Bought to Close T JUL 24 2020 30.5 Puts @ .45 (sold for .75)

VIAC

Bought to close VIAC 07/24/2020 26.0 Diagonal Calls @ 0.01.
Sold these Monday @ 0.44 against long Calls expiring in September

EW closed

#Earnings. Legged out of $EW 24Jul/31Jul 78 #DoubleCalendar as two straddles. Couldn’t ask for a better move on the stock.
Bought to close $EW July 24th 78 straddles for 1.051.
Sold to close $EW July 31st 78 straddles for 2.822

#DoubleCalendars Bought for .742 yesterday, sold for 1.771.

INTC

Intel down 15%.
Wow

#pinaction

TQQQ

STO August 28, 60 put at 1.20, just scaling in small positions.

SQQQQ

Sold SQQQ 07/21/2020 8.50 Covered Calls @ 0.10

VXX Puts

Bought to close VXX 07/24/2020 28.50 Puts @ 0.01. Sold these on 7/20 @ 0.36 and again @ 0.63.

Started a new position selling some VXX 07/31/2020 28.0 Puts @ 0.41