up 10% today
Daily Archives: Wednesday, March 3, 2021
VXX Puts
Rolled my VXX 03/05/2021 22.0 Diagonal Puts out to next week for a 0.20 Credit
VXX Spreads
Buy to Open VXX Mar 19 2021 30.0 Calls / Sold to Open VXX Mar 05 2021 17.5 Calls @ 0.04.
Buy to Open VXX Mar 19 2021 31.0 Calls / Sold to Open VXX Mar 05 2021 17.5 Calls @ 0.04.
Buy to Open VXX Mar 19 2021 32.0 Calls / Sold to Open VXX Mar 05 2021 18.0 Calls @ 0.03.
Buy to Open VXX Mar 19 2021 33.0 Calls / Sold to Open VXX Mar 05 2021 18.0 Calls @ 0.03.
Buy to Open VXX Mar 19 2021 34.0 Calls / Sold to Open VXX Mar 05 2021 18.0 Calls @ 0.03.
Short DTE = 2
Long DTE = 16
VXX at 15.30. Double top on the 1 minute chart today at about 15.57
I’ve got VXX 15.50 and 15.0 short puts for Friday I’d love to be out of so I’m encouraging it to go up
TQQQ
Sold 1 TQQQ Mar 19 2021 63.0 Put @ 1.06.
Sold 1 TQQQ Mar 19 2021 62.0 Put @ 1.07.
SNOW earnings
#CoveredCalls #Earnings – Similar positions in 2 accounts. These rolls are slightly below my basis but I’m going for more downside protection. I’ll worry about the calls being ITM later on if needed. This market feels like all news is bad news so rolling down.
Rolled SNOW MAR 5 2021 240.0 Calls to MAR 5 2021 210.0 Calls @ 23.80 credit
TQQQ
#ShortPuts – Adding to the bottom of the ladder. I may or may not have to roll this week’s but this is where I would’ve added either way.
Sold TQQQ APR 16 2021 65.0 Put @ 3.40
PTON
Roll $PTON Mar-05-2021 130 #CoveredCalls // Mar-19-2021 @1.11
SPX 7-dte
#SPX7dteLong Sold to Close $SPX Mar 3rd 3855/3835 put spreads for 7.10. Gonna try legging out, sell calls on next move up. Condors bought for 17.95 last Thursday.
More GME
Sold $GME 3/12 165/175 bear call spread @ 1.50
VXX
New VXX Diagonal Spread
Bought to open VXX Apr 16 2021 41.0 Calls / Sold to Open VXX Mar 12 2021 19.0 Calls @ 0.02 Credit.
Pushing my long hedge position for future writes out to April.
TQQQ,
STO March 26, 110 calls at .95 against my 75 puts. Scaling in.
VXX Calls
Using this morning’s pop in volatility to venture into next week’s calls
Sold VXX 03/12/2021 19.0 Calls @ 0.38 & 0.43
Sold VXX 03/12/2021 20.0 Calls @ 0.34 & 0.38
Sold VXX 03/12/2021 21.0 Calls @ 0.30 & 0.34
I’ve turned some more short put spreads into Iron Condors.
VXX is at 15.30
SPX stopped
#SPX1dte Bought to close $SPX Mar 3rd 3805/3785 put spreads for 2.00. Stop hit at the morning’s lows. Condors sold for 1.35 yesterday.
LABU
#ShortPuts – Adding one. Almost full position now.
Sold LABU APR 1 2021 70.0 Put @ 2.50