KR Put Closed

#shortputs
$KR BTC 9/25 35 put at 1.50. STO at 2.07.

NVDA iron condor

Sold to open $NVDA 10/16 430/440/550/560 iron condor @ 3.38

NVDA TSLA Put Closed

#shortputs
$NVDA BTC 9/25 465 put at .50. STO at 3.80. Thank you @fuzzballl
$TSLA BTC 9/25 350 put at .60. STO at 6.20. Thank you @fuzzballl

OSTK

#ShortPuts – Another one for tomorrow.

Bought to Close OSTK SEP 25 2020 67.5 Put @ .20 (sold for 2.70)

SLB

Squeezing some lunch money out of this one for tomorrow
Sold SLB Sep 25 2020 17.5 Covered Calls at $0.05

TSLA

#ShortPuts – Took the quickie profits on both of these. Looking to re-load on a pullback.

Bought to Close TSLA OCT 2 2020 325.0 Put @ 3.40 (sold this morning for 5.50)
Bought to Close TSLA OCT 2 2020 310.0 Put @ 2.25 (sold this morning for 3.80)

ADBE condor

Sold $ADBE 10/16 420/430/510/520 iron condor @ 3.11. Short strikes around 20 delta. IV rank 39. My only issue with this trade is the liquidity is good but not great.

Closing NVDA

Bought to close $NVDA 9/25 465 put @ .28. Sold for 3.20 on 9/16. Thanks @fuzzballl !

SPY

Covered up my last long call for a diagonal spread when SPY sprinted to 325.50.
Sold 1 SPY Sep 28 2020 332 Call at $0.52.

I have two short calls expiring (I hope) tomorrow at 333 and 334.

LABU STO LABU Oct16’20 35…

LABU
STO LABU Oct16’20 35 PUT @1.10

FB Batman BWB

$FB BTO Oct 16, 245 / 255 / 270 Broken Wing Call Butterfly for 0.53 debit.

$FB BTO Oct 16, 250 / 240 / 225 Broken Wing Put Butterfly for 0.30 debit.

Upside / Downside Breakeven at $264 / $231.

#BWB 

DOCU TDOC

#ShortPuts – Very similar stocks. Both down today and pretty high on my IV Rank list so going in again. Selling at the expected moves and near recent lows.

Sold DOCU OCT 09 2020 180.0 Put @ 2.90
Sold TDOC OCT 09 2020 180.0 Put @ 2.75

SPY

Looking at a 6 month chart.
Support seems to be in a band from 320 to 322.
We are testing that now.
If SPY breaks 320, not much support until 300 or so.
And the VIX could easily spike 10 -20%

NVDA TQQQ

#ShortPuts – Won’t be able to watch the market tomorrow so taking these off today on the early bounce. Re-loading TQQQ for another one next week.

Bought to Close NVDA SEP 25 2020 465.0 Put @ .80 (sold for 3.09)

Bought to Close TQQQ SEP 25 2020 110.0 Put @ 1.60 (sold for 2.36)
Sold TQQQ OCT 02 2020 100.0 Put @ 2.30

TSLA

#ShortPuts – Glad I turned on the computer in time to catch the quick rally. Took a big shot at battery day. Moved completely against me but still out on the bounce with tiny winners and re-loading next week.

Bought to Close TSLA SEP 25 2020 375.0 Put @ 9.00 (sold for 9.80)
Bought to Close TSLA SEP 25 2020 360.0 Put @ 4.00 (sold for 4.00)

Sold TSLA OCT 2 2020 325.0 Put @ 5.50
Sold TSLA OCT 2 2020 310.0 Put @ 3.80

WDC

Western Digital has given back almost all of yesterday’s big up move.
Two pieces of news yesterday:

Craig-Hallum analyst Christian Schwab upgrades Western Digital (NASDAQ:WDC) from Hold to Buy and raises the price target from $44 to $62.

Western Digital shares have sprung to life amid speculation that a corporate reorganization announced on Tuesday could be a prelude to a split into two companies, one focused on disk drives and the other on flash memory products.
Western Digital (ticker: WDC) said late Tuesday that it had created two separate business units, one focused on drives and the other on flash. The company also announced that it had hired a former Symantec and Cisco executive, Robert Soderbery , as general manager of the flash unit — and that it was looking for a leader for the hard drive business.
The company gave no indication that it planned to divest or spin either of the two businesses, but some analysts think CEO David Goeckeler may be laying the groundwork for major structural change at the company.

LABU

The puts get interesting around the $40 area.
A double bottom there in June and in August.
Trying for a 40/30 diagonal Bull Put Spread.

SPY Diagonals

Sold SPY Sep 28 2020 331 Calls at $0.56 and $0.66
Sold 1 SPY Sep 30 2020 332 Call at $1.04
Sold 1 SPY Oct 02 2020 335 Call at $1.05
Replacing some of the short calls that expired yesterday.
#DoubleDip
SPY ran from 320 to 324 after a lower open.