#optionsexpiration
$VLO 60 call
$SLV 23.5 call
$FSLR 88 put
Assigned
$T 30 put
Have a comfortable weekend
Daily Archives: Friday, January 22, 2021
NNDM Calls
#coveredcalls
$NNDM STO 2/19 20 call at .85
OptionsExpiration
Expired:
AAL 01/22/2021 17.00 Covered Call
SQQQ 01/22/2021 16.00 Covered Call
SQQQ 01/22/2021 17.50 Covered Call
VXX 01/22/2021 18.50 Diagonal Calls
VXX 01/22/2021 19.00 Diagonal Calls
VXX 01/22/2021 19.50 Diagonal Calls
VXX 01/22/2021 20.00 Diagonal Calls
VXX 01/22/2021 20.50 Diagonal Calls
WFC 01/22/2021 33.00 Diagonal Calls
BB 01/22/2021 10.50 Diagonal Puts
GME 01/22/2021 42.00 Diagonal Puts
VXX 01/22/2021 15.00 Diagonal Puts
VXX 01/22/2021 15.50 Diagonal Puts
Assignments:
None
UVXY
Bought to close UVXY 01/22/2021 10.00 Diagonal Puts @ 0.01. They won’t trade any lower.
#UVXYContango trade the worked
NFLX
#ShortPuts – Sold NFLX FEB 19 2021 510.0 Put @ 3.60
RIOT Put
#shortputs
$RIOT STO 1/29 20 put at 1.60
SPX 1-dte
#SPX1dte Sold to Open $SPX Jan 25th 3760/3780-3890/3910 iron condors for 1.15, SPX at 3848, IV 9.7%, deltas: -.07,+.07
Expiring: Jan 22nd 3780/3800-3905/3925 condors, sold yesterday for .85
GME Crazy
Range today 42.59 – 76.75
The stock ran over the highest strikes for ANY month @ $60
and with the stock UP $15 now, almost every put in any expiration month is UP
ABNB
closed half of ABNB 185 call calendar for 5.4, bought yesterday 4.45
For the 2nd half, sold 1/29 190/192.5 2:1 call ratio for 4.72 credit, turning it into a 185/190/192.5 BWB, with net 0.3 profit. will close 1/22 185 short call by EOD
VXX Calls
Bought to close VXX 01/22/2021 18.00 Diagonal Calls @ 0.01. They won’t trade any lower.
Sold these @ 0.47 & 0.48 on 01/15.
I’m letting expire other short VXX short calls I have for today at even higher strikes
PLTR Calls Roll / MRVL Strangle / TDOC BUPS Close
#coveredcalls
$PLTR BTC 1/22 27 call and STO 1/29 29 call at added credit of .22
#shortstrangles
$MRVL STO 1/29 53.5/55 strangle at 1.90
#bups
$TDOC BTC 2/19 190/200 BUPS at .40. STO at 2.50 on 1/7. Thank you @ramie77
OSTK
#CoveredCalls – Rolling out for a little more credit. These calls were run over and slightly below my basis. Getting closer to getting out at even then re-establishing over earnings.
Rolled OSTK JAN 22 2021 52.0 Calls to FEB 5 2021 52.0 Calls @ .80 credit
SNOW
#ShortStrangles #ShortStraddles – Rolling out and into a short straddle.
Rolled SNOW JAN 22 2021 327.5 Put to FEB 5 2021 325.0 Put @ 1.10 credit
Rolled SNOW JAN 29 2021 330.0 Call to FEB 5 2021 325.0 Call @ 2.50 credit
Position is now short 325 straddle @ 44.05
EDIT: Have so much premium in this now I’m rolling the call down to reduce deltas. Slightly inverted but more credit than the inversion.
Rolled SNOW FEB 5 2021 325.0 Call to FEB 5 2021 300.0 Call @ 4.10 credit
IBM
#postearningscalp
BTO 1/22 1/29 weekly 118 call calendar 1.32, target 20% and then 40%, exit by 1 pm
break even range 116-120.
This type of trade is to take advantage of the faster decay of the front week, and the IV contraction after earning. I typically set alerts on the break even prices, and let the exit orders to do their work. One could also set mental stops on the option price.
Given it’s Friday, lowered the target to 20 and 40%
VXX Puts
Another #VXXContango Special works as planned.
Bought to close 01/22/2021 16.0 Diagonal Puts @ 0.01. Sold these on 01/20 @ 0.27
Now net long some more Jan 2022 6.0 Puts for free.
SLB Calls
Bought to close 01/22/2021 SLB 26.50 Diagonal Calls @ 0.01. Sold on 01/15 @ 0.29
Bought to close 01/22/2021 SLB 27.00 Diagonal Calls @ 0.01. Sold on 01/19 @ 0.20
Rolled SLB 01/22/2021 23.00 Diagonal Calls up to 01/29/2021 23.50 Calls@ 0.02 Credit
LABU
#ShortPuts – Adding…
Sold LABU FEB 19 2021 90.0 Put @ 2.80
LAZR
#ShortPuts – Closing and opening.
Bought to Close LAZR JAN 29 2021 26.0 Puts @ .15 partial fill (sold for 1.10)
Sold LAZR FEB 12 2021 26.0 Puts @ 1.15
