#BullPutSpreads – Selling a wide put spread down near the 200ma and about 1.5 times the expected move…
Sold /NQ FEB 21 11000/10500 Bull Put Spread @ 42.00
These trade at 20 dollars per point so max gain of $840
Daily Archives: Tuesday, January 5, 2021
SPX 1-dte
#SPX1dte Sold to Open $SPX Jan 6th 3590/3600-3790/3810 iron condors for 1.65, SPX at 3725, IV 23.3%, deltas -.06, +.08.
MARA T Puts
#shortputs
$MARA STO 1/15 13 put at 1.60
$T STO 1/15 30 put at 1.28
$T STO 2/19 29 put at 1.15
SPX 7-dte
#SPX7dteLong Bought to Open $SPX Jan 11th 3690/3710-3720/3740 iron condors for 17.55, with SPX at 3718.
RH BWB – adjustment
Original trade from Dec 21st:
BTO RH Jan 08, 465 / 455 / 435 Broken Wing Put Butterfly @ $3.04 credit
RH exhibiting uncharacteristic weakness so using some of the credit to finance buying some more time for the Short Put spread (455/435) to work:
Buy Jan 08 455/435 put spread / Sell Feb 12 455/435 put spread for $0.39 debit.
If weakness continues expecting to pocket $10 from the long 465 / 455 put spread this Friday.
FSLR
#ShortStrangles – Caught a downgrade today so turning short puts into short strangles.
Sold FSLR JAN 22 2021 110.0 Calls @ 1.05 (87.5/110 @ 2.20 now)
INTC covered calls
Stock bought @ $45.41 – wanting to sell covered calls when INTC crosses $50 (or thereabouts).
Sold half cover Jan 08 $50 calls @ $0.68.
