OptionsExpiration

KSS 10/30/2020 22.50 Diagonal Calls
KSS 10/30/2020 23.00 Diagonal Calls
KSS 10/30/2020 23.50 Diagonal Calls
KSS 10/30/2020 23.50 Covered Calls
SLB 10/30/2020 17.00 Diagonal Calls
SLB 10/30/2020 18.00 Covered Calls
WBA 10/30/2020 39.00 Covered Calls
WDC 10/30/2020 47.50 Diagonal Calls

VXX 10/30/2020 21.50 Diagonal Puts

SPX expiration

Expiring today: $SPX 10/30 3190/3215/3375/3400 iron condor

SPX trades

#SPX1dte Sold to Open $SPX Nov 2nd 3045/3065-3360/3380 iron condors for 1.10, SPX 3254, IV 26.9%, deltas -.06,+.05. Volatility is finally giving me a proper distance on the put side.

#SPX7dteLong Expiring at max credit of 20.00: Oct 30th 3390/3370 put spreads. Condors bought for 17.65 on Monday.

VXX

Bought to close 1 VXX Oct 30 2020 26.5 Call @ $0.32. Sold @ 0.45
Bought to close 1 VXX Oct 30 2020 27.0 Call @ $0.05. Sold @ 0.39.

Covered just minutes before the SPY exploded higher and VXX fell @ 3:56

So I sold 1 VXX 11/06/2020 23.0 Put @ 0.54. (positive cash flow)

My VXX short calls and short puts are now almost in balance for next week’s fireworks.
(Short Calendar Iron Condor Spreads)
Calls from 26.50 up to 33.0. Puts from 23.0 down to 21.50

ADS Roll

Bought to close ADS 10/30/2020 51.00 Diagonal Calls / Sold to open ADS 11/06/2020 55.00 Diagonal Calls @ 0.55 Credit plus 4 points on the strike for one more week.
ADS is at 51.16 so the 51 call is in the money

GILD Put

Decided to roll this instead of taking assignment. The EX Dividend date is not until December so no need to commit the cash just yet.
Bought to close GILD 10/30/2020 60.0 Put / Sold GILD 11/27/2020 58.0 Put @ 0.22 Credit and lowered the short strike 2 points to within a point of the 52week low of 57.04 set just yesterday after #Earnings

Halloween

@jeffcp66

Pumpkin adorable
Skulls appropriate

Enjoy!

ADS Roll

Bought to close ADS 10/30/2020 52.00 Covered Calls @ 0.05. They won’t trade any lower.
To replace those I sold ADS 11/06/2020 55.00 Covered Calls @ 0.87 plus 3 points on the strike for one more week.
ADS is at 51.60

VIAC in the post below,…

VIAC in the post below, has earnings very close to the expiration. Ck it out. ;>(

Today’s TRADES: Low $ usage.

VIAC STO 11/6/2027.0 PUTS @.91
VIAC STO 11/6/20 31.0 CALLS @.49
THC STO 11/6/10 24.0 PUTS @1.00
THC STO 11/6/20 27.0 CALLS @.45
AMD STO 11/6/20 75.5 PUTS @2.79 Rolled out
AMD BTC 10/30/20 75.5 PUTS @1.10 1.69 credit
RVLV STO 11/6/20 19.5 CALL @.35
RVLV STO 11/6/20 17.5 PUT @.50

SPY

Bought to close 1 SPY Oct 30 2020 333 Call at $0.01 to release some margin. It won’t trade any lower.
Sold this on a rollout @ 11.99

AAPL FSLR NFLX NVDA OLED OSTK SPY TQQQ TSLA

#ShortPuts #CoveredCalls #Earnings – Out all morning but finally caught up. Some winners booked and some rolls done along with a couple new sales.

AAPL: Selling slightly ITM playing for the iPhone 12/5G/Black Friday/Holiday Bounce.
Sold AAPL NOV 20 2020 110.0 Put @ 5.45

FSLR: Covered Calls.
Sold FSLR NOV 6 2020 86.0 Calls @ 3.45

NFLX: New sale…can’t resist. Going out a little to sell even lower. At the expected move and well below the 200ma.
Sold NFLX NOV 20 2020 425.0 Put @ 6.61

NVDA: Rolled and sold against.
Rolled NVDA OCT 30 2020 525.0 Put to NVDA NOV 13 2020 512.5 Put @ .37 credit (12.75 total now)
Rolled NVDA OCT 30 2020 517.5 Put to NVDA NOV 13 2020 500.0 Put @ .30 credit (3.65 total now)
Sold NVDA NOV 6 2020 535.0 Call @ 3.40

OLED: Earnings trade worked nicely 🙂 🙂
Bought to Close OLED OCT 30 2020 172.5/230.0 Strangles @ .10 (sold for 2.87)

OSTK: Rolled and sold against. Basis if assigned is down in the 59.70 area
Rolled OSTK OCT 30 2020 67.5 Put to NOV 13 2020 65.0 Put @ .20 debit
Rolled OSTK OCT 30 2020 65.0 Put to NOV 13 2020 62.0 Put @ even
Rolled OSTK OCT 30 2020 62.5 Put to NOV 13 2020 60.0 Put @ 1.40 credit
Sold OSTK NOV 6 2020 70.0 Call @ 1.05

SPY: Adding one outside the expected move.
Sold SPY DEC 11 2020 275.0 Put @ 3.20

TQQQ: Booking but not adding anywhere.
Bought to Close TQQQ OCT 30 2020 110.0 Put @ .12 (sold for 1.55)
Bought to Close TQQQ OCT 30 2020 115.0 Put @ 1.10 (sold for 2.00)

TSLA: New sale:
Sold TSLA NOV 06 2020 350.0 Put @ 5.94

Econ Calendar for week of 11/2/20

#Jobs report is Friday at 8:30am ET

Screen Shot 2020-10-30 at 10.36.00 AM
Screen Shot 2020-10-30 at 10.36.00 AM

Link to calendar: https://research.investors.com/economic-calendar/

VIX

https://www.zerohedge.com/markets/vix-getting-close-critical-level

VXX Puts

Bought to close VXX 10/30/2020 24.0 Puts @ 0.01. They won’t trade any lower.
Sold these @ 1.99 & 2.00 last Friday on a rolldown.
Done with covering VXX puts for this week.

VXX Call Roll again

Bought to Close VXX Oct 30 2020 25.5 Calls / Sold to open VXX Nov 06 2020 32 Calls @ 0.32 Credit plus 6.50 bump in the short strike price.

Bought to Close VXX Oct 30 2020 25.5 Call / Sold to open VXX Nov 06 2020 33 Call @ 0.27 Credit plus 7.50 bump in the short strike price.

Writing the new calls against the long December calls I bought yesterday because some of my long hedges are expiring today.

VXX Call Roll

Partial rollup
Bought to close VXX Oct 30 2020 25 Calls Net Credit / Sold to Open VXX Nov 06 2020 29 Calls @ 0.22 Net Credit plus a 4.00 point bump in the short strike for election week.
VXX at 26.51

Edit: Finished off the last of these 25 calls:
Bought to close VXX Oct 30 2020 25 Calls Net Credit / Sold to Open VXX Nov 06 2020 30 Calls @ 0.12 Net Credit plus a 5.00 point bump in the short strike for election week.
VXX at 26.36

ZM adjustment

Rolled $ZM 680/690 bear call spread down to 560/570 for 1.10 credit. Paired with 460/450 bull put spread for an iron condor which I originally sold for 3.14 on 10/16. Total premium now 4.24.

SPX 1-dte stopped

#SPX1dte Wow, three expirations in a row, Mon-Wed-Fri, stopped out! Pretty sure that’s the first time that has happened. Monday I held my breath and came out scot free… Wed took a 5.00 loss, today managed only a 1.30 loss. At least the #SPX7dteLong strategy is thriving in this volatility.

Bought to close $SPX Oct 30th 3215/3195 put spreads for 2.60. Sold for 1.30 yesterday.