OptionsExpiration

Short Positions Expiring:
CINF 10/16/2020 80.00 Diagonal Call
KSS 10/16/2020 21.50 Covered Calls
KSS 10/16/2020 23.00 Diagonal Calls
SLB 10/16/2020 18.00 Covered Calls
VXX 10/16/2020 23.50 Diagonal Call
VXX 10/16/2020 24.00 Diagonal Calls
VXX 10/16/2020 24.50 Diagonal Calls
WBA 10/16/2020 40.00 Covered Calls
WBA 10/16/2020 41.00 Covered Call
WFC 10/16/2020 26.50 Covered Calls
WFC 10/16/2020 27.00 Diagonal Calls
WFC 10/16/2020 27.50 Covered Call

WBA 10/16/2020 35.00 Put
WBA 10/16/2020 33.50 Diagonal Puts
WFC 10/16/2020 22.00 Diagonal Puts
WFC 10/16/2020 21.50 Diagonal Puts

Assignments:
None

VXX

Sold VXX Oct 23 2020 24 Calls at $0.39
Sold VXX Oct 23 2020 24.5 Calls at $0.32
Sold VXX Oct 23 2020 25 Call at $0.26

Expirations / Rolls

OX LULU Oct-16-2020 310/330 #BuPS
OX SLB Oct-16-2020 20 #CoveredCalls
OX USO Oct-16-2020 30 #CoveredCalls
STO USO Oct-30-2020 30 #coveredcalls @0.32 credit
Roll OSTK Oct-16-2020 85 #CoveredCalls // Nov-16-2020 @10.40 Credit.
Roll SONO OCT-16-2020 15 #CoveredCalls // Nov-20-2020 @1.22 credit.

Was really hoping most of the Covered Calls would be assigned. The LULU was a #BUPS that got rolled into another, so was wider than my typical. Probably should bail out of the SLB with a small loss – not much premium even going to Dec expirations.

MRVL Put Roll

#shortputs

$MRVL BTC 10/16 43.50 put and STO 10/23 43.50 put for added .65 credit.

NVDA

#ShortCalls – Selling against an Oct 30th 510 short put…

Sold NVDA OCT 23 2020 590.0 Call @ 1.82 (6.77 total in the strangle now)

TRADES:

AAPL STO 10/23/20 126.0 CALLS @.75
CZR STO 10/23/20 60.0 CALLS @.48
Have a great and safe weekend all.

SPX trades

#SPX7dte Sold to close $SPX Oct 16th 3530/3510 put spreads for 18.50. Condors bought for 16.20 on Monday. Too much risk of a surge higher into the close so taking more than half of the max profit now.

I plumb forgot to sell a #SPX1dte condor yesterday, but I will today for Monday and will post it in a comment under this.

TDOC

#ShortPuts – Adding. Week before earnings..

Sold TDOC OCT 23 2020 212.5 Put @ 2.45

ISRG Earnings

#IronButterfly #Earnings – Didn’t post this yesterday since it seemed like such a ridiculous trade…LOL Got lucky for once. Taking the gain now. Risk was 30 to make 470.

Bought to Close ISRG OCT 16 2020 745/750/750/755 Iron Butterfly @ 3.05 (sold for 4.70)

ADS Covered Call Roll

An unexpectedly large move today through the strike price forced me into this roll.
Bought to close ADS Oct 16 2020 55.00 Covered Calls / Sold to open ADS Nov 20 2020 60.0 Covered Calls @ 2.05 Net Credit plus a generous 5 point bump in the strike price.

MA BUCS Closed

#bucs

$MA STC 10/16 330/350 BUCS at credit of 11.50. BTO at 8.46. Waited too long to close.

NVTA RKT Put Rolled

#shortputs

$NVTA BTC 10/16 50 put and STO 11/20 45 put at added credit of 1.80
$RKT BTC 10/16 26 put and STO 10/23 26 put at added credit of .10
$MGM BTC 10/16 23 put and STO 10/23 23 put at added credit of .10

ZM Iron Condor

Sold $ZM 11/20 450/460/680/690 iron condor @ 3.14. IVR 43. Earnings not expected until after Nov expiration.

VXX Put Rolls

Buying more time – bringing in $cash

Bought to close VXX 10/16/2020 25.0 Puts / Sold VXX 10/23/2020 25.0 Puts @ 0.19 Credit
Bought to close VXX 10/16/2020 24.50 Puts / Sold VXX 10/23/2020 24.50 Puts @ 0.22 Credit
Bought to close VXX 10/16/2020 23.50 Puts / Sold VXX 10/23/2020 23.50 Puts @ 0.39 Credit
Bought to close VXX 10/16/2020 23.0 Puts / Sold VXX 10/23/2020 22.50 Puts @ 0.02 Credit plus a 0.50 lower strike.
Bought to close VXX 10/16/2020 23.0 Puts / Sold VXX 10/23/2020 22.50 Puts @ 0.15 Credit plus a 0.50 lower strike.

I have lots of short VXX calls expiring today too.

Done with worrying about VXX for this week.

TSLA

#ShorPuts – Stopped out on the drop. Was keeping it on a tight leash since it was a one day scalp. Didn’t want any positions in it leading into earnings. Looking at selling again next week.

Bought to Close TSLA OCT 16 2020 437.0 Put @ .75 (sold for 2.00)

ADS Roll

Bought to close ADS Oct 16 2020 52.50 Covered Calls / Sold to open ADS Oct 23 2020 53.0 Covered Calls @ 0.44 Net Credit.

Bought to close ADS Oct 16 2020 53 Diagonal Calls / Sold to open ADS Oct 23 2020 54 Diagonal Calls @ 0.25 Net Credit.
Used 0.05 of the credit to buy a hedge (Oct 23 65.0 Calls) as my old hedge is expiring today

Brought in cash on the rolls and ramped the short strikes prices up a bit.

#rolling DKNG Rolled Oct. 16,…

#rolling DKNG

Rolled Oct. 16, 45 put to Oct. 23, 16 put for 1.68. Just dropped below 45 this morning.