#SPX7dteLong Bought to Open Jan 27th $SPX 3835/3855-3865/3885 iron condors for 15.60, with SPX at 3860
#SPX1dte Sold to Open Jan 22nd $SPX 3780/3800-3905/3925 iron condors for .80, SPX at 3860, IV 11.6%, deltas -.06,+.06.
Monthly Archives: January 2021
LABU
#ShortPuts – Fairly aggressive starter position (for me). At the expected move and just below the 50ma.
Sold LABU FEB 19 2021 95.0 Put @ 3.40
ABNB March
Sold to open $ABNB 3/19 135 puts @ 4.70. Delta 14. Looking to get long at a basis around 130, below the early Jan lows.
VXX Calls
Sold all the following on the run to 16.50 in VXX.
Sold VXX 01/29/2021 18.00 diagonal calls @ 0.40
Sold VXX 01/29/2021 18.50 diagonal calls @ 0.34 & 0.36
Sold VXX 01/29/2021 19.00 diagonal calls @ 0.29
Sold VXX 01/29/2021 19.50 diagonal calls @ 0.25
#DoubleDip against long Feb and March calls already paid for with earlier diagonals
ABNB LAZR
Roll $ABNB Jan-29-2021 125/135 #BuPS // Feb 21 130/140 @1.65 credit
Roll $LAZR Jan-22-2021 29 #ShortPuts // Feb-12-2021 28 @1.85 credit
NVDA
#earningsPLUG BuPS STO 26 Feb…
#earningsPLUG BuPS
STO 26 Feb 50/55 for 1.76
Earnings on 4 March
Britain’s IG to buy tastytrade for $1 billion in U.S. foray | Reuters
Britain’s IG said it plans to buy U.S. trading platform tastytrade for $1 billion, venturing into North America after a stellar year for the new breed of retail investment brokerages.
— Read on www.reuters.com/article/us-tastytrade-m-a-ig-idUSKBN29Q0PO
SNOW
#ShortStrangles – Having second thoughts about double selling the calls. Closing the one sold yesterday but leaving next week’s 330 strike. Sold against a Jan 22nd 327.5 put I’ll be rolling soon.
Bought to Close SNOW FEB 5 2021 330.0 Call @ 5.00 (sold for 4.10)
PLTR Calls / NIO Puts Roll / PENN Puts Closed
#coveredcalls
$PLTR STO 1/22 27 call at .28
#shortputs
$NIO BTC 1/22 59.50 put and STO 1/29 58.50 put at .60 added credit and $1 less if assigned
$PENN BTC 1/22 96 put at .10. STO 1/19 on stock quick drop at 3.10
SLB Rollup / Earnings tomorrow
Bought to close SLB 01/22/2021 24.00 Diagonal Calls / Sold 01/29/2020 24.50 Calls @ 0.02 Credit plus a half point bump in the short strike.
WFC Rolls
Rolled WFC 01/22/2021 30.50 Diagonal Calls out a week for 0.13 Credit
Rolled WFC 01/22/2021 31.00 Diagonal Calls out a week for 0.18 Credit
Rolled WFC 01/22/2021 31.50 Diagonal Calls up to 01/29/2021 32.00 Calls for 0.02 Credit.
Waiting for my short 01/22/2021 33.00 Diagonal calls to drop to a penny so I can cover them (or I’ll just let them expire).
LULU
ARKK
#ShortPuts – Starter…first time in it. Selling the expected move down near the 50 day.
Sold ARKK FEB 26 2021 125.0 Put @ 2.95
BLNK QS
#ShortPuts – Felt like I was getting too many of these new little known types of companies so closing one and rolling another. I’d like to concentrate all my firepower in those types of trades on LAZR for now.
Bought to Close BLNK FEB 19 2021 25.0 Puts @ .66 (sold for 1.03)
Rolled QS JAN 22 2021 57.5 Put to FEB 19 2021 53.5 Put @ .10 credit (earnings possibly somewhere in there)
NVDA LAZR
STO NVDA Feb-05-2021 490/500 #BuPS @1.75 20 delta, expires well before earnings.
STO LAZR Feb-05-2021 29 put @1.45
STO LAZR Jan-29-2021 30 put @1.00
TQQQ Split
Apparently 2 for 1.
My Feb 90 puts are now Feb 45 Puts
#tqqq Good thing we dumped…
#tqqq
Good thing we dumped this yesterday!
SPXpire
#SPX7dteLong Expiring for max credit of 20.00: $SPX Jan 20th 3825/3845 call spreads. Sold put side for 4.80 this morning, so that somewhat makes up for yesterday’s loss!
DKNG Call Roll
#coveredcalls
$DKNG BTC 1/22 57 call and STO 1/29 60 call at .24 added credit
VXX
Going out to next week for 2 #VXXContango Specials since the ones for this week seem to be working.
Bought to open VXX Jun 18 2021 9.0 Puts / Sold to Open VXX Jan 29 2021 15.5 Puts @ 0.04 Credit
Short DTE = 9
Long DTE = 149
Bought to Open VXX Apr 16 2021 10.0 Puts / Sold to Open VXX Jan 29 2021 15.0 Puts @ 0.02 Credit.
Short DTE = 9
Long DTE = 86
SPY
Dumped my 1 extra long Jan 25 2021 385.0 Call @ 2.03. Bought this a while back on 12/21 as part of a diagonal spread @ 1.64.
SNOW
#ShortStrangles – Stop set on next week’s sale so adding another. Selling against an ITM short put.
Sold SNOW FEB 5 2021 330.0 Call @ 4.10
TQQQ,
BTC January 22, 125 puts at .02, sold at 1.05
DKNG Put Roll
#shortputs
$DKNG BTC 1/22 53.50 put and STO 1/20 53 put at added credit of .85 and gain .50 if assigned
BK and USB are down today
STO BK Mar19’21 40 PUT $1.00
SPX 1/22
Sold $SPX 1/22 3755/3780/3890/3915 iron condor @ 4.20. Short strikes both at 15 delta. SPX currently trading at 3843.76.
Closing TDOC
Bought to close $TDOC 2/19 200/190 bull put spread @ .55. Sold for 2.53 on 1/7.
WIX SLV Calls / QS Puts Rolled
#coveredcalls
$WIX STO 2/19 280 calls at 6.80
$SLV STO 1/22 23.5 calls at .45
#shortputs
$QS BTC 1/22 57.50 put and STO 1/29 56 put at added credit of .43 and gain $1.50 if assigned. Stock floundering – what does that say about me?
Taking off some TQQQ
Bought to close $TQQQ 1/29 125 puts @ .18. Sold for 1.10 on 1/11.
SPX 7-dte
#SPX7dteLong Bought to Open $SPX 3815/3835-3845/3865 iron condor for 15.55, with SPX at 3839.
TQQQ,
BTC January 22, 105 puts at .02, sold at 2.65
I am running out of positions and nervous about adding at these levels.
TDOC,
STO February 5, 222.5 puts at 5.25
Every thing moved so fast this morning, I could not get much done.
NFLX Earnings
#ShortStrangles #Earnings – Not sure where this is going but happy to be out with a tiny profit on the opening dip.
Bought to Close NFLX JAN 22 2021 470.0/570.0 Strangle @ 7.25 (sold for 7.62)
SPX trades
#SPX7dteLong Suffered a full loss yesterday (16.75) as I clung to the trade in hopes of a drop into the close. After that, not going to wait on today’s condor which could also end up in the dead zone.
Sold to close $SPX Jan 20th 3815/3795 put spreads for 4.80. Condors bought for 15.80 last Thursday. I think there’s the possibility for a strong rally today provided inauguration goes smoothly.
#SPX1dte Yesterday’s expired at max profit (1.35)… did not sell one for today given chance for a big move.
SPY
Bought to close 1 SPY 01/19/2021 380.0 Diagonal Call @ 0.01. Sold this on 01/14/2021 @ 1.98.
This was hedged by a long Jan 29 2021 385.0 Call bought on 12/22/2020 @ 1.83 which has now been written against several times.
I’m writing against the long one more time by selling the 01/25/2021 383.0 Diagonal Call @ 1.03
SLB WFC
#BoredToDeath trades
Bought to Open SLB Mar 19 2021 37.5 Calls / Sold to Open SLB Jan 22 2021 27.0 Calls @ 0.08 Credit – pre #earnings
Bought to Open WFC Mar 19 2021 40.0 Calls / Sold to Open WFC Jan 22 2021 33.0 Calls @ 0.06 Credit – post #earnings
/NQ
#BullPutSpreads #Futures – Sold this the night of the Senate run-off in Georgia. Taking about 65 percent 30 days early. These trade at $20 per point.
Bought to Close /NQ FEB 21 11000/10500 Bull Put Spread @ 15.50 (sold for 42.00)
TSLA
#ShortStrangles – Taking it on the bounce. Earnings next week.
Bought to Close TSLA JAN 22 2021 750.0/1050.0 Strangle @ 2.30 (sold for 8.90)
TSLA
BTC $TSLA Jan-22-2021 690/700 #BuPS @0.12. Was STO @1.3 on 1/7/2021
UVXY
#BullPutSpreads – Putting my low risk hedge back on for the inauguration. Plan would be to take stock and sell slightly ITM calls at breakeven if needed.
Sold UVXY JAN 22 2021 11.5/10.0 Bull Put Spreads @ 1.11
BB
I didn’t know Blackberry was still a thing until my stepson alerted me about the IVR (108). STO Feb19 8/20 #shortstrangle for 1.12. The chart is entertaining. But, I hope the trade won’t be too much fun!
ZM
BTC $ZM Jan-29-2021 300/310 #BuPS @0.18. Was STO @1.90 as part of a roll on Jan-08-2021.
GILD
Gilead Sciences, Inc. ( GILD ) is currently at $67.72 , up $4.39 or 6.94%
— Would be highest close since Aug. 18, 2020 , when it closed at $69.06
— On pace for largest percent increase since April 17, 2020 , when it rose 9.73%
— Currently up three consecutive days; up 10.05% over this period
— Best three day stretch since the three days ending March 19, 2020 , when it rose 14.01%
— Up 16.24% month-to-date
— Up 16.24% year-to-date
ONEM,
BTO, February 19, 45/ 55 call spread at 2.65
Stock is an IPO and breaking out.
AAXN,
BTC February 19, 130 put at 1.90, sold at 4.20
VXX Puts
A new #VXXContango Special
Bought to open VXX Jan 21 2022 6 Puts Net Credit/ Sold to Open VXX Jan 22 2021 16 Puts @ 0.02 Credit
Short position DTE = 3
Long position DTE = 367
VXX = 16.85
DOCU,
STO February 19, 245 puts at 9.10
NFLX Earnings
#ShortStrangles #Earnings – A little riskier than normal. Really using this to replace my TSLA strangle that looks great now. Selling at the 200 day at barely inside the expected move and the all time high at 2x the expected move.
Sold NFLX JAN 22 2021 470.0/570.0 Strangle @ 7.62
SNOW
#ShortStrangles – This should light a fire under it. Aggressive roll down of call side to next week. Still holding this week’s short put.
Rolled SNOW JAN 22 2021 350.0 Call to JAN 29 2021 330.0 Call @ 3.95 credit (44.05 total now)
Question about TOS option chain columns
When looking at the option chain in TOS, is there a way to display annualized return in a column?
Just like displaying ROR, which is built in.
NIO PLTR Calls DKNG Puts Rolled / Expirations
#coveredcalls Rolled
$NIO BTC 1/15 60 call and STO 1/22 59.50 call at 1.26 added credit
$PLTR BTC 1/15 26.50 call and STO 1/22 27 call at .73 added credit
$DKNG BTC 1/15 55 call and STO 1/22 53.50 call at .29 added credit
#optionsexpiration
$BIDU 227.50 Put
$LAZR 27 put Thank you @fuzzballl
$LAZR 28 put Thank you @fuzzballl
$MARA20 put
$TQQQ 45 put Thank you @jsd501
$TQQQ 95 put Thank you @fuzzballl
$NEO 45 put
$DKNG50 put
$NVTA 45 put
$NIU 30 put Thank you @jsd501
$NNDM 7.5 put
$VLDR 20 put Thank you @fuzzballl
$NEO 50 put
$PENN 93 put
$SPY 383 call
$NVDA 555 call covered
$FROG 75 call
$SLV 25 call covered
$WIX 280 call covered
$SDC 12.50 call covered
$TLRY 12 call covered
$PLTR 27.50 call covered
$RKT 22 call covered
$MRVL 52 call covered
And of course the big loss Expiration
$AMZN 1/15 3150/3170 BUPS
I am not learning. Two days ago this position was up to breakeven. Not
good enough. Boy I must have a hard head.
Have a great three day break.
VXX
Another new #VXXContango special
Bought to open VXX Sep 17 2021 6.00 Puts / Sold to Open VXX Jan 22 2021 15.50 Puts @ 0.02 Net Credit.
Short DTE (including the 3 day weekend) = 7
Long DTE = 245
FSLR
#ShortPuts – Back in again.
Sold FSLR FEB 12 2021 85.0 Puts @ 1.45
REGN
#ShortPuts – Taking it two weeks early.
Bought to Close REGN JAN 29 2021 480.0 Put @ 1.80 (sold for 5.40)
SPX trades
#SPX1dte Sold to Open $SPX Jan 19th 3645/3665-3835/3855 iron condors for 1.35, SPX at 3778, IV 13.1%, delats -.07,+.07
Expiring: Jan 15th 3710/3730-3855/3875 condors, sold yesterday for 1.00
#SPX7dteLong Expected to expire at max credit of 20.00: Jan 15th 3810/3790 put spreads. Condors bought for 16.50 on Monday.
SPY Rollup
Bought to close 1 SPY Jan 15 2021 372.0 Call/ Sold to Open 1 SPY Jan 22 2021 374.0 Call @ 0.63 Credit plus I bumped the strike price up 2 points.
Still waiting out my 377 call for the next 2 hours with SPY @ 376.75 at 2:00pm
VXX
Next week’s new #VXXContango special
Bought to open VXX Jun 18 2021 8.00 Puts / Sold to Open VXX Jan 22 2021 15.50 Puts @ 0.03 Net Credit.
Short DTE (including the 3 day weekend) = 7
Long DTE = 154
I’ve got several short VXX puts expiring today plus lots and lots of short calls
#shortputs BIG #coveredcalls FEYE BIG…
#shortputs BIG #coveredcalls FEYE
BIG Sold April 16, 37.50 put for .95, stock is at 53.
FEYE Sold Jan. 29, 25 covered call for .35, stock at 22.30
TQQQ
#ShortPuts – Adding to top of the ladder.
Sold TQQQ FEB 19 2021 120.0 Put @ 2.94
SLB Call Roll
Covered the short side of a Diagonal Bear Call Spread.
Bought to close SLB 01/15/2021 26.50 Calls @ 0.01.
Sold these on 01/12 @ 0.41.
Replaced them with short SLB 01/22/2021 26.50 Diagonal Calls @ 0.29.
#DoubleDip
I’ve got lots of other Bear Call diagonals on SLB for next week.
BIIB OSTK QS SNOW
#ShortPuts #ShortStrangles #CoveredCalls – Just some rolling today…
BIIB: Covered and run over. Rolling to week before earnings.
Rolled BIIB JAN 15 2021 255.0 Call to JAN 29 2021 257.5 Call @ .75 credit
OSTK: Covered and run over. Rolling a week for what I can get.
Rolled OSTK JAN 15 2021 52.0 Call to JAN 22 2021 52.0 Call @ .40 credit
QS: Playing with one contract for fun.
Rolled QS JAN 15 2021 60.0 Put to QS JAN 22 2021 57.5 Put @ .10 credit
SNOW: Letting call side of strangle expire and adding a new one.
Rolled SNOW JAN 15 2021 330.0 Put to JAN 22 2021 327.5 Put @ 2.00 credit
Sold SNOW JAN 22 2021 350.0 Call @ 2.25
New position: 327.5/350.0 @ 40.15
VXX Call Rollup
Bought to close VXX 01/15/2021 20.0 Diagonal Calls @ 0.02.
Sold these on 01/08 @ 0.26.
Replaced them with short 01/22/2021 20.50 Diagonal Calls @ 0.40.
The long hedge for these are Feb 38 Calls already paid for with previous diagonals.
WFC Calls on Earnings
Covered the short side of a Diagonal Bear Call Spread on this #Earnings news
Bought to close WFC 01/15/2021 35.00 Calls @ 0.01.
Sold these on 01/12 @ 0.57.
I’ve got lots of other Bear Call diagonals on WFC for next week.
ZM
Roll $ZM Jan-22-2021 310/320 #BuPS // Feb-12-2021 325/335 @1.45 credit
AMZN NFLX FSLY BUPS Closed / FROG Put Closed / QS SWI Puts Rolled
#bups
$AMZN BTC 1/15 3090/3100 BUPS at .60. STO at 3.16
$NFLX BTC 1/15 470/480 BUPS at .10. STO at 3.40
$FSLY BTC 1/15 65/85 BUPS at .10. STO at 5.20
#shortputs
$FROG BTC 1/15 60 put at .10. STO at 3.30
$QS BTC 1/15 60 put and STO 1/22 57.50 put at added credit of .90 and gain 2.50 if assigned. Stock currently at 55.95 and is very jittery
$SWI BTC 1/15 20 put and STO 1/22 17.50 put at net debit of 1.60 but gain 2.50 if assigned. Stock currently at 15.22
ARKK
Filled right before the close. Never traded this one but I wouldn’t mind being long at/below the 50 day moving average. Sold 2/19 120.96 puts @ 2.40 with the stock at 145.30. Delta 15.
SPX 1-dte
#SPX1dte Sold to Open $SPX Jan 15th 3710/3730-3855/3875, with SPX at 3805, IV 15.55%, deltas: -.07,+.06
TSLA
#ShortStrangles – Forgot I had this order in from earlier. Tighter than I really wanted but too late now. Rolling put side up…
Rolled TSLA JAN 22 2021 725.0 Put to JAN 22 2021 750 Put @ 2.10 credit
Now 750/1050 @ 8.90
TQQQ 2/5
Sold $TQQQ 2/5 125 put @ 1.35
LABU
#ShortPuts – Thanks @Ramie for the idea. Big move today so gotta take it. 75 percent of max with 5 weeks to go. Only got a chance to add once on the drop. Crazy market…
Bought to Close LABU FEB 19 2021 60.0 Put @ .41 (sold for 2.10)
Bought to Close LABU FEB 19 2021 65.0 Put @ .70 (sold for 3.10)
NVDA pre earnings
#BullPutSpreads – I’m pretty sure this is the week (or two) before earnings but not completely sure since their normal day is a weekend this quarter. Spreading it while waiting for an account to get moved. Selling expected move and near recent lows.
Sold NVDA FEB 5 2021 485.0/405.0 Bull Put Spread @ 5.10
LAZR
#ShortPuts – Adding a couple.
Sold LAZR JAN 29 2021 26.0 Put @ 1.10
Sold LAZR FEB 5 2021 25.0 Put @ 1.45
FSLR
#ShortPuts – These are just some sales to get a previous position back to even. Still need a couple more…
Bought to Close FSLR JAN 22 2021 87.5 Puts @ .05 (sold for .75)
SPX 7 dte
#SPX7dteLong Bought to Open $SPX Jan 20th 3795/3815-3825/3845 iron condors for 15.80, with SPX at 3817.
Options Bistro 