BIDU Call Rolled Again

#coveredcalls
$BIDU BTC 1/15 215 call and STO 1/22 225 call at added cost of 2.49. Rolled twice today starting at the 210 strike and ending with the 225 strike two weeks later at cost of $2.09 but would gain $15 if called away. Stock closed today at 219.63.

RH

#ShortStrangles – Out all afternoon but did have a standing order fill. This thing seems pretty mellow while it’s digesting the earnings swings (that was fun!). Adding a shorter term wide strangle to hopefully take advantage of the consolidation. Put side at the expexcted move and call side 1.5x the expected move.

Sold RH JAN 15 2021 410.0/510.0 Strangle @ 6.96

ADS Rollup

Bought to close ADS 12/31/2020 75.0 Diagonal Calls @ 0.25.
Sold these on another rollup last Thursday @ 0.87.

Replaced them with short ADS 01/08/2021 77.50 Diagonal Calls @ 1.00 for a Net Credit of 0.75 and I added another 2.50 to the short strike.

SPX 7-dte

#SPX7dte Sold to close $SPX Dec 30th 3715/3735 call spreads for 19.65. Condors bought for 15.45 last Wednesday.

VXX Contango Special

Another one:
Bought to open VXX Jan 21 2022 6.0 Puts / Sold to Open VXX Jan 08 2021 16.0 Puts @ 0.12 Credit.

Short DTE = 9 (includes the holiday weekend)
Long DTE = 387

VXX at 17.05.
#VXXContango special.

GILD

Extending my Put ladder.
Bought to open GILD May 21 2021 40.0 Put / Sold to Open GILD Jan 15 2021 55.0 Put @ $0.37 Credit.
I’ve got some 56.50 and 57.00 puts expiring tomorrow that I’ll have to deal with.

BTW: new YTD low today @ 56.56. The only SP500 stock to hit a new low today.

SPX 1-dte

#SPX1dte Sold to Open $SPX Dec 31st 3650/3670-3770/3790 ieron condors for 1.10, SPX at 3731, IV 13.0%, deltas -.08,+.08.

TQQQ Diagonal

Bought to open TQQQ Feb 19 2021 90 Put / Sold to Open TQQQ Jan 08 2021 155.0 Put @ $0.32 Credit.

I’ve got a 150/190 short diagonal strangle expiring tomorrow and will have a chance to write more of these puts later on against the leftover January monthly longs.

VXX Contango Special

Bought to open VXX Jun 18 2021 9.0 Puts / Sold to Open VXX Jan 08 2021 16.0 Puts @ 0.08 Credit.
Short DTE = 9 (includes the holiday weekend)
Long DTE = 170
VXX at 17.25.
#VXXContango special.

VXX Puts – taking a gain

Liquidating the long side of some old spreads while there is still some profit there.
Sold to close VXX Jan 15 2021 $16.0 Puts @ 0.65. Average cost into the position was $0.55.

These were purchased as part of some diagonal put spreads in late summer and early October. I’ve lost count how many times I written against them but it’s a lot.

(Calculus involved in this exit = will VXX be below 15.35 in two weeks? Inquiring minds want to know)

#shortputs CHWY Sold Feb. 19,…

#shortputs CHWY

Sold Feb. 19, 75 put for 1.74, stock at 93, up 2.65 or so, was at 108 on the 22nd, earnings in March.

SPX 7-dte

#SPX7dteLong Bought to Open $SPX Jan 4th 3710/3730/3740/3760 iron condors for 14.25, with SPX at 3733. I meant to buy Jan 4th yesterday, but I instead bought Jan 6th. So I’m doing the 4th today, even though it’s only two trading days away. Come get me.

TQQQ, STO January 29, 115…

TQQQ, STO January 29, 115 puts at 1.31

SPY Rollup

Bought to close 1 SPY Dec 30 2020 369.0 Call / Sold to Open 1 SPY Jan 06 2021 371.0 Call @ 0.70 Credit.
Added 2 points to the short strike.

NEO Puts / BIDU CC Roll

#shortputs
$NEO STO 1/15 50 puts at .80

#coveredcalls
$BIDU BTC 1/8 210 call and STO 1/15 215 call at added credit of .40 and gain $5 if assigned. Stock at 217.45

LAZR

Keep an eye on this one. Still 50 IVR on an IV of 136. After a ridiculous 4x plus move in Nov., it seems to be “consolidating” somewhat. Hard to call a 10% intraday move part of consolidation. But thing sure does move!

ZM

#ShortPuts – Pulled back nicely. Selling below the 200 day and just outside the expected move. Should have at least 3 roll opportunities before earnings. May add a call side sale on a bounce…

Sold ZM JAN 29 2021 295.0 Put @ 5.10

NIO

Sorry, should have posted these as they occurred.
121/29 STO 40 put for 1.07
today BTC 40 p for .53, then Bought NIO at 46.1 & STO 15 Jan CC for 1.01

CB 44.46, basically breakeven

SPCE’ed out.

BTC SPCE Dec-31-2020 $30 #ShortPuts @5.80. Was STO @5.88.

End of year Risk Reduction, buying power regained, basically break-even on this round after covering fees.

TQQQ, BTC December 31, 125…

TQQQ, BTC December 31, 125 puts at .02, sold at 1.45