Emini protection

#LongPutSpreads – Bought an emini 3460/3060 put spread for April monthly. 1700 bucks it cost me but makes 18,300 max if things really get ugly. Bought the long strike at the 200 day and then just sold way under it to reduce cost. As much as it pains me to actually buy something it is cheap insurance. I’ll just take it out of realized gains for the year if I have to since it’s been a great two months to start the year.

Bought /ES APR 21 (Wk3) 3460/3060 Put Spread @ 34.00 (these are $50 per point)

long put spread

UVXY

Bought to close Bought to close UVXY Mar 05 2021 8.50 Puts @ 0.01. They won’t trade any lower.

These started out as Feb 12 strike 10 Puts on 2/04.
Rolled them to Feb 19 strike 9.50 Puts on 02/12.
Rolled them to Feb 26 strike 9.00 Puts on 02/19.
Finally rolled them to Mar 05 strike 8.50 puts last Friday.
All the rolls were for credits and I’m out of my last shorts.
I’m left with some long June 5.0 puts that are slightly above my cost.

GME: Another nutty trade

Low probability almost no risk. Sold $GME 3/5 145/150/155 iron fly @ 4.90.

Getting long regional banks

Sold $KRE 4/16 60 puts @ 1.65 with KRE trading around 64.95.

SPX trades

#SPX7dteLong Sold to close $SPX Mar 5th 3895/3875 put spreads for 19.60. Condors bought for 16.85 on Monday. Call spread remains, possible some profit if we get a decent bounce.

More trades to follow in the comments.

#speculation, #spx1dte

O.T.,

It sure is ugly out there today.

SPY

#ShortPuts – Add to bottom of the ladder. Outside the expected move and below the 200 day.

Sold SPY APR 16 2021 325.0 Put@ 3.35

TQQQ

A one day scalp using a spread
Bought 1 TQQQ Mar 19 2021 50.0 Put / Sold to Open 1 TQQQ Mar 05 2021 70.0 Put @ 0.14 Credit.
If this decline gets serious I want to be long an extra put after tomorrow’s expiration.
I’m hoping TQQQ won’t drop from 77 to 70 by the close tomorrow.

SNOW

#CoveredCalls – Dodged the earnings bullet so now time to work the calls back up. Same trade in two different accounts.

Rolled SNOW MAR 5 2021 210.0 Calls to MAR 19 2021 215.0 Calls @ .10 debit

LABU

#ShortPuts – Last one for a full position. After this looking mainly at SPY if we continue down.

Sold LABU APR 1 2021 65.0 Put @ 4.30

VXX New Diagonal Calls

Bought to open VXX Apr 16 2021 43.0 Calls / Sold to Open VXX Mar 12 2021 19.5 Calls at $0.04 Credit.
Bought to open VXX Apr 16 2021 42.0 Calls / Sold to Open VXX Mar 12 2021 19.5 Calls at $0.04 Credit.
VXX was at 16.15 for the first trade and 16.30 for the second.

Also rolled out my VXX 03/05/2021 19.5 Puts to next week for 0.30 Credit and
rolled out my VXX 03/05/2021 19.0 Puts to next week for 0.35 Credit.

TQQQ

Sold 1 TQQQ MAR 19 21 $61.0 Put @ 1.28 with TQQQ at 79.50

LAZR NNDM Puts Roll / LAZR Closed

#shortputs
$LAZR BTC 3/5 27 put and STO 3/12 26 put at cost of .30. Would gain .70 if assigned.
$NNDM BTC 3/19 15 put and STO 4/16 15 put at added credit of .23.
$LAZR BTC 3/5 28 put at 3.70. STO at 1.95.

UVXY

Bought to close UVXY Mar 05 2021 8.00 Puts @ 0.01. They won’t trade any lower.
This was the short side of a #ContangoSpecial trade put on Monday and was sold @ 0.13 for a 0.10 Credit on the spread.
So I’m now long UVXY Apr 16 2021 “lottery ticket” 5.00 Puts for free with more than a month to go.

GME rolling

Rolled position out:
Bought to close $GME 3/5 165/175 bear call spread @ .30 (sold for 1.50).
Sold to open $GME 3/19 165/175 bear call spread @ 1.83.

VXX

Sold to open VXX Mar 12 2021 22.0 Calls at $0.33
Sold to Open VXX Mar 12 2021 21.5 Call at $0.35.

Also rolled out my VXX 03/05/2021 21.0 Puts to next week for 0.25 Credit.

VXX = 15.50

TSLA

STO $TSLA Apr 610/500 BuPS @33.5

TQQQ

Sold $TQQQ 4/16 60 put @ 3.00

REGN

#ShortPuts – Rolling out and down. I’ll look for call sales against it.

Rolled REGN MAR 19 2021 450.0 Put to APR 16 2021 435.0 Put @ .70 credit.

TQQQ

Added a tiny bit more:
Sold TQQQ Mar 19 2021 65.0 Put at $1.70

TQQQ = 83

BIIB

#ShortPuts – Just for safety.

Bought to Close BIIB MAR 19 2021 240.0 Put @ 2.00 (sold for 3.80)

FSLY

#CoveredCalls – Adding next week a little early.

Sold FSLY MAR 12 2021 69.0 Call @ 2.80

ROKU TSLA

#ShortStrangles – Rolling the call side of these down and in to get an extra sale in before March expiration.

Rolled ROKU MAR 19 2021 450.0 Call to MAR 12 2021 400.0 Call @ 1.90 credit

Rolled TSLA MAR 19 2021 950.0 Call to MAR 12 2021 750.0 Call @ 3.60 credit