ADS

Sold ADS 09/18/2020 51.0 Covered Calls @ 0.10. It’s all the market would give me.

WBA

In an effort to coax my WBA puts to stay out of the money I sold a new Bear Call Diagonal
Bought to open WBA Oct 30 2020 41 Calls / Sold WBA Sep 18 2020 36.50 Calls @ 0.05 Credit.
If the puts expire, I’ll be happy to roll the short Calls.

TQQQ

#ShortPuts – Starter…

Sold TQQQ SEP 25 2020 110.0 Put @ 2.36

#takeonefortheteam

SPY Last roll

Bought to close SPY Sep 16 2020 345 Call @ 0.02. There were 11,000 contracts bid at 0.01 ahead of me.
(This one worked although most have not in this endless bull market)

Replaced it with a Sep 23 2020 345.0 Diagonal Call @ 1.18
SPY is at 340.08

XBI

BTC September 18, 95 put at .01, sold at 1.05

NVAX Puts

#shortputs
$NVAZ STO 9/18 110 put at .85

SPY Roll

Rolled my 09/16/2020 340.0 Diagonal Call out 2 days to the 09/18/2020 341.0 Call @ 0.39 Credit plus another point higher on the short strike

SLB

Sold SLB 09/18/2020 19.50 Covered Calls @ 0.16 against a small part of my long stock.
SLB is 19.20

SPY Roll

Rolled my 09/16/2020 334.0 Diagonal Call out 2 days to the 09/18/2020 334.0 Call @ 0.39 Credit.
Just waiting for a bigger pullback

AAL

Sold 1 AAL 09/18/2020 Covered Call @ 0.12
Sold 2 AAL 09/18/2020 Diagonal Calls @ 0.15 against half my long calls
AAL is 13.79

TRADES:

MGM BTO STOCK @22.87
CZR BTO STOCK @57.85

NVDA

#ShortPuts – Jumping back in short term on today’s weakness. Outside the expected move and at the 50ma.

Sold NVDA SEP 25 2020 465.0 Put @ 3.05

DDOG

I did one of my combo trades for October 16, .65 debit.

BTO 1,90 call
STO 2, 100 call
BTO 1 105 call
STO 1, 80 put
TSM
BTO 1, 85 call
STO 2, 95 call
BTO 1, 100 call
STO 1, 75 put, for a total debit of 1.50

OSTK

#ShortPuts – Taking another one off for safety…

Bought to Close OSTK SEP 18 2020 75.0 Put @ 3.00 (sold for 4.00)

TSLA

#ShortPuts – Outside the expected move and down at the 50ma. Battery day on the 22nd will determine how this goes. IV is almost like an earnings trade.

Sold TSLA SEP 25 2020 350.0 Put @ 5.90

SQ NVAX PENN Calls Rolled

#coveredcalls
$SQ BTC 9/18 144 calls and STO 9/25 149 calls at 1.51 debit. Stock at 153.16
$NVAX BTC 9/18 110 calls and STO 9/25 115 calls at 1. credit. Stock at 110.17
$PENN BTC 9/18 62 calls and STO 10/2 70 calls at 2.50 debit. Stock at 70.80

ADBE ADSK FSLY NFLX NVDA OSTK TDOC

#ShortPuts #ShortStrangles – A lot of these nice bounces seem to be running out of steam (unless JP comes through again! 🙂 🙂 ) . In any case taking a lot of risk off today with some good profits.

ADBE: Earnings and post earnings.
Bought to Close ADBE SEP 18 2020 460.0 Put @ 1.65 (sold for 3.50)
Sold ADBE SEP 25 2020 440.0 Put @ 2.44

ADSK: Nice bounce and happy to be out with decent profit.
Bought to Close ADSK SEP 18 2020 225.0 Put @ .67 (sold for 2.62)

FSLY: Completely out of this one now.
Bought to Close FSLY SEP 18 2020 75.0 Put @ .40 (sold for 2.20)

NFLX: Nice profits but horrible management on a greedy 505.0 strike bonus call I sold in a strangle. Rolled it into a new strangle for next week.
Bought to Close NFLX SEP 18 2020 450.0 Put @ .50 (sold for 2.85)
Bought to Close NFLX SEP 18 2020 475.0/550.0 Strangle @ 2.55 (sold for 10.25)
Rolled NFLX SEP 18 2020 505.0 Call to SEP 25 2020 455.0/545.0 (2×1) Strangle @ even

NVDA: Very happy!
Bought to Close NVDA SEP 18 2020 490.0 Put @ 1.65 (sold for 11.75)

OSTK: Nice bounce and happy to be out with decent profit.
Bought to Close OSTK SEP 18 2020 75.0 Put @ 2.31 (sold for 4.10)

TDOC: Completely out of this one now.
Bought to Close TDOC SEP 18 2020 180.0 Put @ .55 (sold for 2.60)

VXX UVXY

Just noticed the Jan 2023 Options are now trading for VXX and UVXY.

The next time the VIX doubles, the lowest strike puts will make for interesting buys.

TRADES:

OSTK STO 9/18/20 78.0 CALL @2.40
OSTK STO 9/18/20 80.0 CALL @2.20

SPX 7-dte

#SPX7dteLong A little stuck on today’s expiration, so going to try a leg out…
Sold to close $SPX Sep 16th 3425/3445 call spreads for 5.20.
Will look to sell puts on a swing down. I usually suck at legging out, so no high hopes.
Condors bought for 17.75 last Thursday.

AAPL

Quote of the day:

Apple stumbled following the new iWatch and iPad launches y’day. Maybe it’s time they actually invented something new rather than just fleecing Apple Addicts with product upgrades every couple of years…