#SPX7dteLong These two orders were filled at the same instant when SPX dipped to 3887.50:
Sold to Close $SPX Feb 22nd 3920/3900 put spreads for 19.65. Condors bought for 15.55 last Wednesday.
Bought to Open Feb 26th 3865/3885-3895/3915 iron condors for 16.35.
#Shortputs – Starter positions outside the expected move and down closer to the 200ma.
Sold LABU APR 1 2021 80.0 Put @ 2.20
Sold LABU APR 1 2021 85.0 Put @ 2.90
#ShortPuts #Earnings – Going out an extra week. Earnings Wed morning. Small position for now and see how tomorrow looks.
Sold OSTK MAR 5 2021 75.0 Puts @ 1.35
Sold $AMZN 3/19 3080/3070 bull put spread @ 2.85 with the stock around 3197
STO April 16, 220 put at 9.50. Earnings are on March 11, but I will take that risk. Stock is trading at 246
TQQQ 4/1
Sold $TQQQ 4/1 75 put @ 3.00
#QYLD
BOT QYLD @23.00-23.04
#tqqq
STO TQQQ 18 JUN 21 ,55 PUT @4.08 and 4.10
Rolled $PTON Feb-26-2021 130/140 #BuPS // Mar-05-2021 @0.05 credit.
STO $PTON Mar-05-2021 150/160 #BeCS @0.95 #ironcondor
I may be just delaying pain. We’ll see. Still also holding shares.
Sold VXX 02/26/2021 18.00 Diagonal Calls @ 0.30
Sold VXX 02/26/2021 18.50 Diagonal Calls @ 0.26.
VXX opened at 15.60.
Balances out my put exposure a bit
#ShortPuts #Earnings – A few sales on the dip.
LAZR: First time in this expiration. I think you can do better now legging in. I sold all at the same time.
Sold LAZR MAR 26 2021 26.5 Puts @ 2.20
Sold LAZR MAR 26 2021 27.0 Puts @ 1.42
Sold LAZR MAR 26 2021 27.5 Puts @ 1.78
NVDA: Earnings Wed. Selling my position a little early on the weakness.
Sold NVDA FEB 26 2021 550.0 Put @ 5.00
SOXL: Jumping back in. Meant to do the 510 strike for the split.
Sold SOXL MAR 19 2021 515.0 Put @ 20.00
Gaining experience with IC, BuPS and DiagBuPS……learning on the fly…..so far so good….
https://coveredcallswithjeff.wordpress.com/2021/02/21/update-on-put-strategies/
AMZN stock price over the past 25 days is net down….allowing the short options to do what they are supposed to do in a covered call strategy. Three more months to get the stock gain to long term.
https://coveredcallswithjeff.wordpress.com/2021/02/21/update-on-amzn-covered-call-strategy-after-277-days-92620-roi-81-or-107-annualized/
$BIIB 255/245 bull put spread
$GME 90/100 bear call spread
$GME 135/155 bear call spread
$GME 135/125 bull put spread–full loss but offset by other premium sales around it
$LABU 98 put
$MOMO 2/19 15/15/16 jade lizard
$UVXY 10.50/15.50 bear call spread
$UVXY 11/16 bear call spread
$UVXY 12/17 bear call spread
$UVXY 13/18 bear call spread
$UVXY 15/20 bear call spread
$ADBE 470/460 bull put spread
$EWZ 31/41 short strangle
Assignment:
$FTI 11 puts–there was a spinoff here and the new symbol FTI1 I think is 83% of the original, couldn’t follow it but either way I’m in the money and liquidity on the new symbol was pretty much non-existent so I will take assignment here at whatever the number is, somewhere around 9ish or so and I’ll immediately sell the shares Monday morning, take the loss and move on. The stock will no longer be listed on the Nasdaq it looks like so I have no interest in trying to work basis down on it.
Have a great weekend everyone.
#optionsexpirations
$SOLO 10 call
$NVTA 55 call
$NNDM 20 call
$SDC 13 call
NNDM 17.50 call
$WYNN 130 call
$LAZR 22.5 put Thank you lightning strikes again @fuzzballl
$TQQQ 65 put Thank you @jsd501
$OXY 20 put
$ARK 120.96 put Thank you @ramie77
$TQQQ 60 put Thank you @jsd501
$NEO 50 put
$LABU 95 put Thanks @fuzzballl
$WATT 3.50 put
$LGVW/BFLY 20 put
$MRVL 51 Put
#assigned
$SWI 17.50 put
#Called away
$NVTA 50 calls
And finally my terribly mismanaged spread trades.
All expired at total loss.
$FB 285/310 BUCS
$BA 240/300 BUCS
$MRVL 52/60 BUCS
Have a nice weekend
And @jeffcp66 thanks for all you do – and you do it all! Plus podcasts – Whew
Assigned $ENPH 190 #ShortPuts – Was STO @ 2.24 as part of a #BuPS. Long puts STC yesterday @3.00 – Basis 184.5. Stock finished at 189.74 – so close.
OX $MSTR 770/780 #BuPS – Was STO @1.55 on 2/8/2021, same day TSLA noted having bought a bunch of BitCoin.
OX $SLB $27 #CoveredCall – was STO @.30 – been sitting on the stock since last year.
I think the chart looks like we could have a down turn on this stock. So, I bought a bearish butterfly. I bought
775/760/755 for 4.70, March 19 expiration.
#SPX1dte Sold to Open $SPX 3810/3830-3955/3975 iron condors for .95, SPX at 3903, IV 9.8%, deltas -.06 +.06
Expiring: Feb 19th 3820/3840-3965/3985 condors, sold yesterday for .95
$NNDM STO 3/19 17.50 call at 1.45
Last trade today
Bought to close SLB Feb 19 2021 26 Calls / Sold to Open SLB Feb 26 2021 27.5 Calls @ 0.02 Credit
I was hoping the 26 calls would just expire …. but oh well …
Sold them @ 0.89 last week.
#shortputs
$WATT STO 3/19 7.50 put at 2.70. Thinking of acquiring some power.
#shortstrangles
$MRVL STO 2/26 52.50/53.50 at 2.10
Bought to close 1 TLRY 02/19/2021 28.0 Put @ 0.01. Sold last week on a rolldown at 2.55
Didn’t want to chance the 29 puts expiring (it looks like they will) but with the open around 27.50 this morning I rolled those down to TLRY Feb 19 2021 26.0 Puts at a small credit.
Bought to close SPY Feb 19 2021 386 Call / Sold to Open SPY Feb 24 2021 387 Call @ 0.28 Credit plus the extra point on the strike price.
https://coveredcallswithjeff.wordpress.com/2021/02/19/new-cc-in-rtx-raytheon/
#shortputs
$NNDM BTC 2/19 15 put at 1.10. STO at 2.85.
$MRVL BTC 2/19 51 put at .52. STO at 1.46.
$FSLY BTC 2/19 85 put and STO 2/26 84 put at added credit of .95 and gain $1 if assigned
#bucs
$NNDM STC 2/19 7.5/12.5 BUCS at 6.40. BTO at 1.45
Rolled VXX 02/19/2021 16.50 Puts to VXX 02/26/2021 16.00 Puts @ 0.03 Credit
Rolled VXX 02/19/2021 16.0 Puts to VXX 02/26/2021 15.50 Puts @ 0.07 Credit
Rolled VXX 02/19/2021 15.50 Puts to VXX 02/26/2021 15.00 Puts @ 0.11 Credit
Rolled UVXY 02/19/2021 9.50 Puts to UVXY 02/26/2021 9.00 Puts @ 0.02 Credit.
The extra 0.50 lower on all the strike prices is more significant than the the cash inflow for 5 more trading days
But the cash is also nice.
BTC Feb. 19, 65 puts at .01, sold at 4.20
I am back from my 2nd covid shot and they had more people putting shots into arms today. It was also that I got up ay 6am and hit the road to Miami.
#ShortPuts – Didn’t think this would fill. Quick 2 day scalp.
Bought to Close SOXL MAR 19 2021 510.0 Put @ 15.00 (sold for 20.00)
#ShortPuts – Strong rally to all time high. I’ll take it 3 weeks early and watch for some weakness.
Bought to Close COUP MAR 12 2021 320.0 Put @ 2.60 (sold for 5.30)
#ShortPuts – Well crap. I was messing with some open orders and fat fingered the wrong one. Accidentally filled on this. Originally an earnings trade. I’ll try to get back in on any weakness.
Bought to Close OSTK FEB 26 2021 75.0 Puts @ .71 (sold for 1.25)
#ShortPuts #ShortStrangles #CoveredCalls – A little bit of everything.
FSLY: Stock will be assigned at 82.75. Selling max downside protection since it could go either way here.
Sold FSLY FEB 26 2021 79.0 Call @ 4.30
QS: Jumping back in post earnings.
Sold QS MAR 12 2021 50.0/49.0/48.0 Put bundle @ 4.80
ROKU: Selling post earnings small dip.
Sold ROKU MAR 19 2021 360.0 Put @ 4.10
SNOW: Rolling straddle out to a strangle. Week before earnings. Big roll next week if needed.
Rolled SNOW FEB 19 2021 305.0 Straddle to FEB 26 2021 302.5/320.0 Strangle @ 6.10 credit (19.55 total now)
UVXY: Replacing this week’s expiration. Reducing basis on my hedge.
Sold UVXY FEB 26 2021 8.5 Calls @ .78 and .79
#SPX7dteLong. Well, missed the timing on my long-only attempt for this Upside Warning. Sold to close $SPX Feb 19th 3935/3955 call spread for 2.70. Bought for 9.00 on Monday.
The TLRY 02/19/2021 31.0 Puts I rolled down to from TLRY 02/12/2021 37.0 Puts last Friday had to be rolled again.
Rolled to TLRY 02/26/2021 29.0 Puts @ 0.14 Credit
In my IRA, BTC Feb. 19, 60 puts at .01, sold at 2.72
I have one more trade to buy and I get my 2nd covid shot tomorrow so will not be here.
STC $ENPH 180 Feb-19-2021 #LongPuts @3.00
This was the long side of a #BuPS sold @1.50 on 2/16. Unless something changes radically, I’ll be assigned the stock on the 190 #ShortPuts at close tomorrow.
Rolled $LULU Feb-26-2021 360/370 #BeCS // Mar-05-2021 @0.50 Credit – was STO @1.25 on Feb 1.
Holding Feb-26-2021 325/335 #BuPS
Holding Mar-05-2021 330/340 #BuPS
BTC $NVDA Feb-26-2021 485/495 #BuPS @0.25. Was STO @2.00.
#shortputs
$GP BTC 2/19 29 put at 1.20. STO at 2.80. Thank you @jsd501
$ALB BTC 2/29 155 put and STO 3/19 145 put at cost of 2.40. Stock at 143.25
#SPX1dte Sold to open $SPX Feb 19th 3820/3840-3965/3985 iron condors for .95,, SPX at 3918, IV 13.9%, deltas -.06 +.07
Sold $CGC 3/10 32.50/27.50 bull put spread @ 1.11. Would take assignment at close to 31 if it the stock continues to tank.
#SPX7dteLong Bought to Open $SPX Feb 24th 3885/3905-3915/3935 iron condors for 16.40, with SPX at 3910.
Sorry for falling behind, but if you refresh your browser you’ll see that the Upcoming Earnings chart has now been updated in the right-hand column.
BTC Feb. 19, 57.5 puts at .01, sold at 2.35
Furious Aussies React To “Zero Warning” Facebook Ban On News Content
What Facebook has blocked in Australia so far:
FB has said “government pages should not be impacted” and will be re-instated. Some of the other non-news orgs hit:
Whatever you think about FB, this is likely to escalate
BTC Feb 19 75 puts @.02, sold @ 3.45
thanks jsd501
Reaching out to next week’s calls
Sold VXX 02/26/2021 23.0 Diagonal Calls @ 0.22
BTC Feb. 19, 55 puts at .01, sold at 2.15
#bups
$AMZN BTC 2/19 3080/3100 BUPS at .15. STO at 6.10
BTC $TSLA Feb-19-2021 720/730 #BuPS @0.25 Was originally sold @1.65 on 1/26.
Probably pulled the trigger a bit too soon, and could have just let it expire.
#SPX7dteLong Bought to Open $SPX Feb 22nd 3900/3920-3930/3940 iron condors for 15.55, with SPX at 3923.
Earlier, sold to close Feb 17th 3905/3885 put spreads for 6.50. Watching 3915/3935 call spreads for a good exit. Condos bought last Thursday for 15.90.
#SPX1dte Expected to expire: Feb 17th 3850/3870-3975/3995 condors, sold yesterday for .95.
#ShortPuts #Earnings – Just to have something to watch…selling slightly inside the expected move with breakeven at the expected move and the 200ma. This would be an assignment 40 percent off the highs.
Sold FSLY FEB 19 2021 85.0 Put @ 2.25
#ShortPuts #Earnings – Closing the pre earnings trade and with the down day today starting an earnings position. Leaving room to add on any more weakness or any more premium getting pumped in next week. Earnings a week from today.
Bought to Close OSTK FEB 19 2021 70.0 Puts @ .10 (sold for 1.30)
Sold OSTK FEB 26 2021 75.0 Puts @ 1.20, 1.25, 1.30
#ShortPuts – Balancing out my ladder. Setting it up similar to the SPY ladder experiment I’ve been running in a paper account since last June. Same theory but using TQQQ instead.
Bought to Close TQQQ MAR 19 2021 60.0 Put @ .70 (sold for 2.70)
#ShortPuts – Added again. Full position now.
Sold LAZR MAR 19 2021 25.0 Put @ 1.55
BTC Feb. 19, 245 puts at 1.20, sold at 9.40, Take the money and run.
Stock is breaking down below support. Next stop 110.00, I have a bearish butterfly in March. The 145/130/125 puts.
#shortputs
$WIX BTC 2/19 270 put at .20. STO at 6.40 0n 2/10.
#bucs
$AMZN STC 2/19 3280/3500 BUCS at 44.00 BTO at 84. Glad for todays jump and taking no chances.
$AMZN STC 2/19 3205/3225 at 19.25 BTO at 9.46
I had a Feb. 19 butterfly 105/115/120 that I bought for 2.57 and sold it this morning for 2.90, I am not bearish but am becoming more risk adverse.
#bucs
$NNDM STC 2/19 7.50/12.50 BUCS at 4.93. BTO at 1.64 on 12/22
#shortputs
$NNDM BTC 2/19 17.50 put and STO 3/19 17.50 put at added credit of 2.12
$BFLY BTC 2/19 20 put and STO 3/19 25 put at debit of .20. Stock at 22.85. Original put purchased under SPAC $LGVW
#longcalls
$JETS BTO 1/21/2022 20 calls at 6.40 Expecting a great draft pick. 😉
#ShortPuts – Adding one so far.
Sold LAZR MAR 19 2021 25.0 Put @ 1.50
#ShortStrangles #ShortStraddles – Rolling call side of strangle down to a straddle.
Rolled SNOW FEB 19 2021 330.0 Call to FEB 19 2021 305.0 Call @ 2.00 credit (305 straddle @ 13.45 credit now)
#ShortPuts #ShortStrangles – Nice bounce at the 50ma. Taking these now just in case that doesn’t hold next time.
Bought to Close TSLA FEB 19 2021 700.0 Put @ 1.40 (sold for 4.36)
Bought to Close TSLA FEB 19 2021 730.0/920.0 Strangle @ 3.20 (sold for 7.25)
#ShortPuts – A few so far.
QS: Glad to be completely out after many rolls.
Bought to Close QS FEB 19 2021 53.5 Put @ 2.10 (sold for 2.30)
SOXL: Scalped a bunch in Feb. Moving to March with a 15:1 friendly strike. Splits on March 1st.
Sold SOXL MAR 19 2021 510.0 Put @ 20.00
TQQQ: Adding to the ladder.
Sold TQQQ MAR 26 2021 75.0 Put @ 2.25
Sold TQQQ APR 1 2021 70.0 Put @ 2.20
One last write against Feb long calls left over from other spreads.
Sold 02/19/2021 20.50 Calls @ 0.12
Sold 02/19/2021 20.00 Calls @ 0.15
Sold 02/19/2021 19.50 Calls @ 0.18
Sold 02/19/2021 19.00 Calls @ 0.21
VXX is under 16
I added to my short position in the June 18, 55 puts at 3.55
Sold SPY Feb 19 2021 395 Calls / Bought SPY Mar 05 2021 403 Calls @ 0.19 Credit
#SPX1dte Sold to Open $SPX Feb 17th 3850/3870-3975/3995 iron condors for .95, SPX at 3936, IV 12.9%, deltas: -.07, +.07
#SPX7dteLong – Waiting for the close on this one, a spike a bit higher will help.
#SPX7dteLong Bought to Open $SPX Feb 19th 3935/3955 call spreads for 9.00, with SPX at 3931.
Taking a cue from the Upside Warning and trying LONG only for this Friday’s expiration.
As for today’s expiration, flirting with the dead zone if we keep dropping.
#ShortPuts – First ones in this expiration. I wouldn’t be surprised if they have an out of blue earnings date announcement at some point.
Sold LAZR MAR 19 2021 25.0 Puts @ 1.20
#Earnings – Not showing anywhere on my TOS watchlist but my news feed and the company website says they are announcing today. I’m closing this one just for safety. Might add a different one later.
Bought to Close QS FEB 19 2021 50.0 Put @ 3.10 (sold for 4.00)
#ShortPuts – These was pre-earnings when I sold them. Woke up today to a firm earnings date for tomorrow. Taking about half and watching for now.
Bought to Close TLRY FEB 26 2021 21.0 Puts @ .53 (sold for 1.03)
STO $LMND Feb-26-2021 135/145 #BuPS @1.95. Short put @20delta.
Probably could have squeezed a few more cents out of it. Earnings due Mar 1.
#ShortPuts – Selling the week before earnings at the expected move and below the 50ma near recent lows.
Sold COUP MAR 12 2021 320.0 Put @ 5.30
BTC February 19, 50 puts at .01, sold at 2.47 in my IRA
In the trading account,
BTC The same position at .01
https://coveredcallswithjeff.wordpress.com/2021/02/13/iron-condor-ic-on-abt-dxcm/
Options Bistro 