MRVL Strangle / NUGT Call Rolled

#shortstrangles
$MRVL STO 10/16 43.5/45 strangle at .75

#coveredcalls
$NUGT BTC 10/16 93 call and STO 1023 95 call at 1.20 added credit.

SPX trades

#SPX1dte Sold to Open right before closing bell: $SPX Oct 14th 3430/3450-3570/3590 iron condors for 1.10, SPX at 3514, deltas -.07, +.05, IV 15.45%

#SPX7dteLong Filled yesterday, 14 minutes after closing bell (I hadn’t noticed then): Sold to close $SPX Oct 14th 3445/3465 call spreads for 19.00. Condors bought for 16.50 last Thursday. Holding put side as hedge for tomorrow.

AAPL

#ShortPuts – Trying for a quickie the week before earnings and below the 50ma…

Sold AAPL OCT 23 2020 115.0 Put @ 1.30

TQQQ, In my IRA

STO October 30, 130 puts at 3.80
STO October 30, 125 puts at 3.00

PENN PUTS Rolled / NVAX Call

#shortputs
$PENN BTC 10/16 72 put and STO 10/23 72 put at added credit of 1.05

#coveredcalls
$NVAX STO 10/16 128 call at 1.80

TDOC

#ShortPuts – Nice bounce today…

Bought to Close TDOC OCT 23 2020 187.5 Put @ .20 (sold for 2.50)

SPXL Leap Diagonal

BTO SPXL (3 x SPY ETF) Apr 2021 50 Call ($17.30) / Jan 2023 40 Call ($29.40) Diagonal @ $12.10 (selling the shorter term, buying the longer term) – a $10 spread with good rolling opportunities.

I know most of the trade ideas here are for short to mid term time frames – I thought I’d share a longer term bullish trade that should be relatively easy to manage. As SPY is going to the moon I thought I’d go along for the ride.

I’m cognizant of the fact the theta decay could be huge, but over the longer term expecting it to roughly track 3 x the performance of the S&P 500.