CHWY Puts Closed / Rolled NVAX MRVL Put / Rolled NVDA Call

#shortputs
$CHWY BTC 12/18 70 put at .10. STO at 1.22. Earnings trade with @fuzzballl

$NVAX BTC 12/11 120 and STO 12/18 120 put at added credit of $5. Total credit taken in at $9.
$MRVL BTC 12/11 44 and STO 12/18 43 put at added credit of .05 (yes a nickel). Total credit taken in at $1.83 while reducing strike by a $1.00.

#coveredcalls
$NVDA BTC 12/18 545 and STO 12/24 540 at added $4.10.

Expirations

Expired 1 x COST Dec 11: $375 /$370 long PUT Vertical / 2 x Dec 11: $365 / $360 short PUT Vertical – managed to sell the long PUT vertical @ $0.60 (strange that it filled 1 minute before market close) – the Unbalanced Condor was entered for a $0.51 credit so a net credit of $1.11.

Expired worthless ETSY Dec 11, 165 / 155 / 145 Broken Wing Put Butterfly (BTO @ $0.95 credit).

Expired worthless TWLO Dec 11, 325 / 315 / 295 Broken Wing Put Butterfly (BTO @ $1.40 credit).

OptionsExpiration

EXPIRED:
SPY 12/11/2020 370/380 Bear Call Spread
VXX 12/11/2020 19.50 Diagonal Calls
VXX 12/11/2020 20.00 Diagonal Calls
VXX 12/11/2020 20.50 Diagonal Calls
VXX 12/11/2020 17.00 Diagonal Puts

ASSIGNMENTS:
AAL 12/11/2020 15.00 Covered Call (Stock cost 9.86 on the Covid19 dive this spring)

VXX Puts and Calls

Bought to close VXX 12/11/2020 17.50 Diagonal Puts @ 0.01. They won’t trade any lower.
This was a pretty big position so I’m happy to pay the penny. Sold last Friday on a rolldown @ 0.95.

Also closed VXX Dec 11 2020 18 Calls at $0.08 (sold @ 0.17 & at 0.23)
Replaced them with short VXX Dec 18 2020 23 Calls @ 0.20 for a 0.12 Credit Plus 5 BIG points higher on the short strike.
(I wish Put rolls were this easy for just one more week.)

SNOW

#ShortPuts – Filled on the late drop…

Sold SNOW JAN 08 2021 260.0 Put @ 4.00

AMZN

Bought to open AMZN Jan 15 2021 3,300 Call / Sold to open TSLA Dec 24 3120 Call @ 7.40 Credit.

VIX

The VIX is all over the map today
Above 25 in the pre-market
Then down under 23 early
Then above 25 midday
Now down to 23 again.
Whew!!

BIIB OSTK SNOW

#CoveredCalls #OptionsExpiration – Slow day today. Out most of the morning. Sold some, rolled some, and ignored some. 🙂 🙂

BIIB: Covered. Rolled to keep the theta cranking…
Rolled BIIB DEC 18 2020 265.0 Call to BIIB DEC 31 2020 260.0 Call @ 4.25 credit (9.95 total now)

OSTK: Covered. New sale replacing this week’s…
Sold OSTK DEC 18 2020 56.0 Calls @ 2.00
Expiring: 59.5 Calls (sold for 1.65)

SNOW:
Expiring: 330 Put (sold for 3.05)

Have a great weekend!

TSLA

Premium is not exactly collapsing, but it’s coming down nicely. The 5 delta #shortstrangle expiring next week still has a pretty rich premium. The 460/840 is trading at 4.60.

TQQQ,

I am short the 135 puts that expire today and have a bid in at .01 cent. I just refuse to pay anymore than that to close the trade.

TQQQ,

STO December 31, 130 put at 3.50

SPX trades

#SPX1dte Sold to Open $SPX Dec 14th 3540/3560-3720/3740 iron condors for 1.05, SPX at 3568, IV 13.4%, deltas: -.06, +.06

Expected to expire: Dec 11th 3585/3605-3720/3740 condors, sold yesterday for .90.

#spx7dtelong

QCOM

QCOM is down 8% today
STO QCOM Dec24’20 135 PUT @1.36

#shortputs TQQQ Rolled my 31…

#shortputs
TQQQ Rolled my 31 Dec 142P to 8 Jan 140P for 1.86

Total credit now 5.07

#shortputs LAZR Rolled my 15…

#shortputs
LAZR Rolled my 15 Jan 25P to 19 Feb 22.5P for .65

Total credit now 3.15

#coveredcalls CCL STO 24 Dec…

#coveredcalls
CCL STO 24 Dec 26 call for .42
.20 Delta

SPX 7-dte

#SPX7dteLong. Sold to close $SPX Dec 14th 3710/3730 call spreads for 1.25. Put side sold for 12.60 on Wednesday. Condors bought for 15.40 on Tuesday, so loss is 1.65.

Now I’m rooting to stay below 3665 today for max credit on today’s expiry.

AAL

Closing AAL Dec-20-2020 14 #CoveredCalls+underlying stock @13.95.

A bit of clearing the decks going into the end of the year.

TQQQ, STO December 24, 135…

TQQQ, STO December 24, 135 puts at 2.60

VXX – creating straddles

I’m already short the puts for next week so I’m adding the calls to create Iron Condor Calendar spreads
Sold VXX 12/18/2020 21.0 Diagonal Calls @ 0.35
Sold VXX 12/18/2020 21.5 Diagonal Calls @ 0.32
Sold VXX 12/18/2020 22.0 Diagonal Calls @ 0.29