$TSLA BUPS Closed / TSLA Roll CC

#bups

$TSLA BTC 12/18 392/400 BUPS at .20. STO at 2.78

#coveredcalls

$TSLA BTC 12/4 550 call and STO 12/11 570 call at debit of .58 but would gain $20 more if called away. Stock at $574. Since covering on 11/23, rolled twice and have netted 9.37 credit and added 45 if stock called away. Wish I had a net.

SQ Dec

Sold 12/18 185 put @ 2.25

SPX trades

#SPX1dte Sold to Open $SPX Nov 27th 3570/3590-3680/3700 iron condors for 1.20, SPX at 3633, IV 9.6%, deltas -.10, +.05. Leaning bullish for two reasons: I think we’ll go a bit higher into the close, and the half-day after thanksgiving is typically quiet.

Expiring: Nov 25th 3545/3565-3685/3705 condors, sold yesterday for 1.05

#SPX7dteLong Expecting a profitable expiration of Nov 25th 3615/3635, bought last Wednesday for 9.50. If I don’t get the max 20.00, it will still be a good trade.

O.T. It looks like the…

O.T. It looks like the day is finished early. Have a nice thanks giving to everyone.

SPX 7-dte

#SPX7dteLong Bought to Open $SPX Dec 2nd 3600/3620-3630/3650 iron condors for 16.00, with SPX at 3627.

Happy Thanksgiving

Health Prosperity and Happiness to all the bistroites.

Thankful for a lot and the Bistro Posse is one of them.

TSLA

BTC December 4, 400 put at .35, sold at 6.05, thanks to Fuzzball for that idea.

GOOGL

Taking a small spec. trade, BTO December 4, 1770/1785 bull call spread at 6.65 it looks like it wants to break higher.

NVAX Roll Call / PEP Call Close / TSLA Call Roll

#coveredcalls

$NVAX BTC 11/27 100 call and STO 12/4 105 call at added 1.48 credit and plus $5 if called away
$PEP BTC 11/27 146 call at .10. STO at 1.57. Covered by LEAP. Will sell again
$TSLA BTC 11/27 525 call and STO 12/4 550 call at debit of 2.48 but would gain $25 if called away. Stock at $563.

Naked Puts to Covered Call on SDC

https://coveredcallswithjeff.wordpress.com/2020/11/25/new-approach-to-entering-a-cc-position-selling-naked-put-getting-assigned-then-selling-calls/

Thanks Option Iceman.

#coveredcallssdc-assignment, #nakedputs

VXX Rolls

Bought to close VXX Nov 27 2020 22.5 Puts / Sold to Open VXX Dec 04 2020 22.5 Puts at $0.11 Credit.
Bought to close VXX Nov 27 2020 21.5 Puts / Sold to Open VXX Dec 04 2020 21.5 Puts at $0.15 Credit.
Bought to close VXX Nov 27 2020 20.0 Puts / Sold to Open VXX Dec 04 2020 20.0 Puts at $0.25 Credit.

Because the market is never going down again I need to buy more time.

TDOC

#ShortPuts – Bought to Close TDOC DEC 04 2020 162.5 Put @ .25 (sold for 2.95)

DOCU & TSLA BWB

BTO DOCU Dec 04, 225 / 220 / 210 Broken Wing Put Butterfly @ $1.62 credit (downside b/e $213).

BTO TSLA Dec 04, 560 / 550 / 530 Broken Wing Put Butterfly @ $3.73 credit (downside b/e $537).

#BWB 

NVDA Covered Call

#coveredcalls

$NVDA STO 12/4 535 call at 8.50

TAN

#ShortPuts – I’ll take it a little early…

Bought to Close TAN DEC 18 2020 65.0 Puts @ .20 (sold for 1.35)

TSLA

#ShortPuts – Trading in two for a new one…

Bought to Close TSLA DEC 4 2020 400.0 Put @ .38 (sold for 5.80)
Bought to Close TSLA DEC 11 2020 325.0 Put @ .38 (sold for 4.25)

Sold TSLA DEC 11 475.0 Put @ 5.55

FYI, I use SMM and…

FYI, I use SMM and Minervini and right now Mark Minervini is cautious because he is not finding many good set ups and thinks we are over bought. SMM on the other hand thinks there is no alternative, TINA, so likes the market. My guess is that you have to watch the market and the pullbacks back to the MA’s. I think we go a bit higher into the end of the year unless there is a surprise event. Good luck.

SPY Roll

Bought to Close 1 SPY Nov 25 2020 357 Call / Sold to Open 1 SPY Dec 02 2020 358 Call at $0.39 Net Credit and bumped the strike price up a point..

Did this on the open because of possible liquidity issues on the pre-holiday.