Musk Inc.

Unmanned SpaceX Starship Flight Test Ends In Massive Fireball

RH Earnings

#ShortPuts – This is nuts but what the heck…been a good earnings season so far. At the 50ma and the expected move.

Sold RH DEC 18 2020 400.0 Put @ 7.44

#shortputs CHWY LAZR CHWY Sold…

#shortputs CHWY LAZR #shortstrangles DKNG

CHWY Sold Jan. 15, 65 put for 1.76, Stock is at 75, down $4 today after earnings yesterday
LAZR Sold Jan. 15, 20 put for .90, stock is around 36.50, down around $5
DKNG sold Jan. 15, 40/65 for 2.10
#tastytradefollow

#TQQQ SOLD TQQQ 18 DEC…

#TQQQ
SOLD TQQQ 18 DEC 20 133 PUT @1.50
9DTE

Elon’s Big Rocket

#OffTopic – Trying again today in about 15 minutes if anyone is interested.

SPX trades

#SPX7dteLong Following my own suggestion from earlier and legging out on the swings, sold to close $SPX Dec 14th 3700/3680 put spreads for 12.60. Condors bought yesterday for 15.40. If this is the start of a big drop, this loss is fairly small. But I think it is more likely to see some bounce by Monday, which means I can then sell the call side.

TQQQ, STO January 8, 115…

TQQQ, STO January 8, 115 put at 2.65

TQQQ

In an IRA STO Dec18 135 #shortputs for 1.45, 11 delta with 9 days to OpEx.

NFLX

#BullPutSpreads – Trying something a little different. Instead of naked going with the wide spread with plans to close the long side on a bigger pullback to make a little extra. Selling a week or two before next earnings at the expected move and below the 200ma.

Sold NFLX JAN 8 2021 450.0/400.0 Bull Put Spread @ 4.31

TSLA – a profitable 2 days

A #CreditCredit trade

On Monday I Bought to open TSLA Jan 15 2021 1,000 Call / Sold to open TSLA Dec 11 2020 670 Call @ 0.67 Credit.

Closed both sides this afternoon at 7.52 Credit. Releases $33k spread requirement 2 DAYS EARLY.

Surprisingly I made more on the long side than I made on the short side even though the stock is down.

RLGY, STO, January 15, 12.50…

RLGY, STO, January 15, 12.50 put at .50 cents
SNOW,STO, STO 275 puts at 3.50
TQQQ, STO January 15, 110 puts at 2.52
TQQQ, STO January22, 105 puts at 2.65

SQ

BTC with GTC order SQ Dec 18 185 Put @.35…..Was STO 11/25 @2.25

#shortputs

REGN

Oldie but a goodie coming into view. Got it back on the primary watchlist. 400 with put sales well below that is the target eventually…

SNOW

#ShortPuts – Size reduction and safety…

Bought to Close SNOW DEC 18 2020 265.0 Put @ 1.10 (sold for 3.20)

LAZR

#ShortPuts – Jumped back in a little earlier. Can do better now. Even with the selling today the 17.5 and 20 strikes weren’t gaining much value so bumping it up another strike.

Sold LAZR JAN 15 2021 22.5 Puts @ 1.70

TQQQ

#ShortPuts – Replacing some positions that were closed earlier. Slightly higher strikes but still almost 2x the expected move and near the 200ma.

Sold TQQQ JAN 8 2021 115.0 Put @ 2.25
Sold TQQQ JAN 15 2021 110.0 Put @ 2.45
Sold TQQQ JAN 15 2021 105.0 Put @ 2.00
Sold TQQQ JAN 22 2021 105.0 Put @ 2.45
Sold TQQQ JAN 22 2021 100.0 Put @ 2.30

VXX Calls

Bought to open VXX Jan 15 2021 48.0 Calls / Sold to Open VXX Dec 11 2020 18.0 Calls @ 0.02 Credit with VXX at 17.00 and with less than 2 1/2 days until the expiration of the short.

With all the short puts I have, I would welcome a move to the short strike by Friday. The 5-day high on VXX is 17.57 though.

SPX 7-dte

#SPX7dteLong Morning started out great, now a sticky situation. Sold to close $SPX Dec 9th 3665/3645 put spreads for 1.40. Looking for recovery from these lows to close out the 3675/3695 call side.

TQQQ,

BTC December 11, 120 puts at .01

VXX Weekly Put rolls

Bought to Close VXX Dec 11 2020 22.5 Puts / Sold to Open VXX Dec 18 2020 22.5 Puts at $0.13 Credit.
Bought to Close VXX Dec 11 2020 21.5 Puts / Sold to Open VXX Dec 18 2020 21.5 Puts at $0.17 Credit.
Bought to Close VXX Dec 11 2020 20.5 Puts / Sold to Open VXX Dec 18 2020 20.5 Puts at $0.22 Credit.
Squeezed all the time premium out of this week’s positions.
Someday the market will correct.

DOCU Iron Condor

Sold $DOCU 1/15 185/195/260/270 iron condor @ 2.95 with the stock trading around 225. Short puts 17 delta, short calls 22 delta. IV rank 31.

TQQQ,

STO December 18, 143 put at 1.12

WBA early Rollup

Bought to close WBA Dec 11 2020 40.5 Call / Sold to Open WBA Dec 18 2020 41.0 Call @ $0.12 Credit.
Finally worked the covered call strike up above my highest stock cost of 40.93 from 08/17/2020

TSLA

STO Dec18 480/950 #shortstrangles for 6.85. The strikes are 6 delta with 9 days to opex. IV is expanding. TW shows the IV coming out BB squeeze.

SNOW

#ShortPuts – Replacing this week’s. Still decent premium here. Selling 1.5x the expected move and at the 50ma.

Sold SNOW DEC 31 2020 275.0 Put @ 3.40

TQQQ

#ShortPuts – Taking these 37 days early at about 70 percent of max…

Bought to Close TQQQ JAN 15 2021 80.0 Put @ .54 (sold for 2.00)
Bought to Close TQQQ JAN 15 2021 85.0 Put @ .68 (sold for 2.55)
Bought to Close TQQQ JAN 15 2021 90.0 Put @ .80 (sold for 2.65)
Bought to Close TQQQ JAN 15 2021 95.0 Put @ .96 (sold for 2.00)

#closing #shortputs LAZR Dec. 3,…

#closing #shortputs LAZR
Dec. 3, sold a Jan. 15, 15 put for 1.35, bought today for .24.
Thanks @fuzzballl for the ticker.

#rolling #earnings SFIX Dec. 7…

#rolling #earnings SFIX

Dec. 7 in an act of pure genius I sold a Dec. 18, 29/45 strangle for 1.20. Today rolled the 45 call to Jan., sold a 45 put for 3.47. SFIX is at 55.

CHWY LAZR VLDR ZM

#ShortPuts #Earnings – A few this morning…

CHWY: Closing the quickie earnings play.
Bought to Close CHWY DEC 18 2020 70.0 Puts @ .80 (sold for 1.36)
Bought to Close CHWY DEC 18 2020 68.0 Puts @ .45 (sold for .93)

LAZR: Taking the one day profit. Looking to re-load.
Bought to Close LAZR JAN 15 2021 20.0 Puts @ .85 (sold for 1.53)

VLDR: First time in this one. LAZR competitor.
Sold VLDR JAN 15 2021 15.0 Puts @ 1.50

ZM: Reducing size since looking weak.
Bought to Close ZM DEC 11 2020 375.0 Put @ 1.90 (sold for 5.00)
Bought to Close ZM DEC 11 2020 500.0 Call @ .10 (sold for 2.40)
Bought to Close ZM DEC 18 2020 360.0 Put @ 3.60 (sold for 5.60)

PENN T Puts

#shortputs

$PENN STO 12/11 76 puts at 1.23
$PENN STO 12/18 73 puts at 1.84
$T STO 12/18 31 puts at .30