Merry Christmas trading friends, advisors…

Merry Christmas trading friends, advisors and mentors!

Happy Holidays to All the…

Happy Holidays to All the Bistro Members

OptionsExpiration

Expired:
AAL 12/24/2020 17.00 Covered Call
TQQQ 12/24/2020 185.00 Diagonal Calls
VXX 12/24/2020 20.00 Diagonal Calls
VXX 12/24/2020 20.50 Diagonal Calls
VXX 12/24/2020 21.00 Diagonal Calls
VXX 12/24/2020 21.50 Diagonal Calls
VXX 12/24/2020 22.00 Diagonal Calls
VXX 12/24/2020 22.50 Diagonal Calls

GILD 12/24/2002 56.50 Diagonal Put
INTC 12/24/2002 43.50 Diagonal Puts
VXX 12/24/2020 16.50 Diagonal Puts

Assigned:
ADS 12/24/2020 62.50 Covered Calls – in this since March, out at breakeven.

WFC 12/24/2020 28.50 Covered Call – in this since May 01. Out with a gain.

GILD Ladder Rolldown

Bought to close GILD 12/24/2020 57.00 Put @ 0.02
Sold to Open GILD 01/08/2021 56.00 Put @ 0.66.

MRO

Missed this fill from yesterday
Sold MRO 01/08/2021 7.50 Covered Calls @ 0.14

SPY – New Diagonal

Replacing the short positions that expired yesterday
Bought to Open SPY Jan 29 2021 385 Call / Sold to Open SPY Dec 28 2020 368 Call at $0.12 Credit.

SPX trades

#SPX1dte Sold to Open $SPX Dec 28th 3595/3615-3745/3765 iron condors for 1.00, SPX at 3696, IV 9.2%, deltas -.06,+.06

#SPX7dte. Forced to take a break here with too many losses eating in to what had been a 45% annualized strategy. I did not buy one for next Thursday.

Today’s flirting with expiring in dead zone. Looks like I will get some on call side.

TQQQ PUT Closed

#shortputs
$TQQQ BTC 1/15 90 put at.30. STO at 2.50. Thank you @jsd501

TQQQ,

In my IRA, BTC December 24,155 puts at .01, SOLD at 17.50 and,
In the trading account, BTC 153 puts at .02, Sold at 1.02
That is it for this week. Have a nice holiday to everyone.

BABA

BABA is down today 15% on the news.

TQQQ Roll

Closed the Put side of my strangle and rolled down.
Bought to Close TQQQ Dec 24 2020 155 Puts at $0.01. They won’t trade any lower.
Sold these at a average price of $1.04.
Part of my #BoredToDeathTrade from last Thursday and Friday.

Sold to Open TQQQ Dec 31 2020 150 Puts at $0.54.

SPY Roll

Bought to close 1 SPY Dec 24 2020 367 Call at $0.95 – Sold on 12/22 @ $2.04

In it’s place Sold to Open 1 SPY Dec 30 2020 369 Call at $1.72 for a Net Credit of $0.77 and a 2 point higher short strike.

Merry Christmas

All the best to the best premium selling site around.
@jeffcp66 you are awesome and your members are terrific.

Wanted to get this out early before the snowflakes from the site cover my keyboard.

LAZR

#ShortPuts – Just to get a weekly in. Let’s call it a #TakeOneForTheTeam type of trade. LOL

Sold LAZR JAN 8 2021 28.5 Puts @ 1.80

VLDR

#ShortPuts – Back in this one.

Sold VLDR JAN 15 2021 20.0 Puts @ 1.00

Sidenote: LAZR has weeklies now which is nice. 🙂 🙂

TWTR BuCS

BTO 15 Jan 21, 53/57.5 call spread for 2.05

And a MERRY CHRISTMAS to the Bistro!

TQQQ, BTC December 24, 135…

TQQQ, BTC December 24, 135 put at .01, sold at 2.60