Daily Archives: Thursday, March 25, 2021

Ramie 11:24 am on Thursday, March 25, 2021  

AMZN IC

Sold $AMZN 4/16 2900/2910/3250/3260 iron condor @ 3.50. Leaning a bit long with short puts at 26 delta, short calls at 17 delta.

Jeff 9:30 am on Thursday, March 25, 2021
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SPX trades

#SPX7dte Bought to Open $SPX Mar 31st 3865/3885-3895/3915 iron condors for 16.45, with SPX at 3890.

Will post #SPX1dte trade in the comments below.

Option Iceman 9:23 am on Thursday, March 25, 2021  

LABU rolldown

Thanks to a nice bounce in LABU today I was able to do a significant rolldown to next week.
Bought to Close 1 LABU Mar 26 2021 80.0 Put / Sold to Open 1 LABU Apr 01 2021 75.0 Put at $0.30 Credit.

Also – Bought to open 1 LABU Apr 23 2021 45.0 Put / Sold to Open 1 LABU Mar 26 2021 70.0 Put @ 0.09 Credit to grab some additional time premium for this week.

I’ve got 105 & 110 short Calls expiring tomorrow as well.

Option Iceman 8:49 am on Thursday, March 25, 2021  

VXX Calls

Rolled down my VXX Mar 26 2021 15.0 Calls to VXX Mar 26 2021 13.0 Calls for a $0.30 additional Credit.

fuzzballl 7:40 am on Thursday, March 25, 2021
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NFLX pre earnings

#ShortPuts – Selling the week before earnings, outside the expected move, below the 200 day, and below recent lows. What could possibly go wrong? 🙂

Sold NFLX APR 16 2021 465.0 Put @ 3.50

Lesserweavil 7:40 am on Thursday, March 25, 2021
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AMC

Rolled AMC Mar-26-2021 15 #CoveredCalls // Apr-09-2021 @0.50 credit.

Lesserweavil 7:06 am on Thursday, March 25, 2021
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PTON

Roll $PTON Mar-26-2021 120 #CoveredCalls // Apr-16-2021 @2.05 Credit.

fuzzballl 7:02 am on Thursday, March 25, 2021
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SPY

#ShortPuts – Adding to the ladder.

Sold SPY MAY 21 2021 355.0 Put @ 4.10

fuzzballl 7:00 am on Thursday, March 25, 2021
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OSTK

#CoveredCalls – Rolling out and down slightly. Still managing to sell slightly above my basis.

Rolled OSTK MAR 26 2021 68.0 Calls to APR 1 2021 66.0 Calls @ 1.65 credit.

Option Iceman 6:55 am on Thursday, March 25, 2021  

VXX Calls

Rolled down my VXX Mar 26 2021 16.0 Calls to VXX Mar 26 2021 13.5 Calls for a $0.17 additional Credit
Rolled down my VXX Mar 26 2021 15.5 Calls to VXX Mar 26 2021 13.0 Calls for a $0.25 additional Credit.
I’ve got short puts at those strike too so now they are straddles for tomorrow.

fuzzballl 6:54 am on Thursday, March 25, 2021
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ROKU SNOW

#ShortPuts #CoveredCalls – Some fairly aggressive roll downs so that could signal a bottom in some of these. 🙂 🙂 Still long deltas though.

ROKU: Basically a covered call selling against a DITM short put.
Rolled ROKU APR 1 2021 350.0 Call to APR 1 2021 325.0 Call @ 4.20 credit

SNOW: Covered.
Rolled SNOW MAR 26 2021 215.0 Call to APR 1 2021 200.0 Call @ 9.60 credit
Rolled SNOW MAR 26 2021 215.0 Call to APR 1 2021 205.0 Call @ 6.55 credit

jefflsmith 5:25 am on Thursday, March 25, 2021
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Why we do covered calls….

https://coveredcallswithjeff.wordpress.com/2021/03/25/price-decline-in-sdc-smile-direct-club-not-helping/

#sdc, #coveredcalls

jefflsmith 5:03 am on Thursday, March 25, 2021
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Closed Position on MOS….IC rescued CC

https://coveredcallswithjeff.wordpress.com/2021/03/25/closed-mos-covered-call-iron-condor-position-loss-of-80-would-have-been-much-larger-loss-without-ic/

#coveredcalls, #ironcondor

jefflsmith 4:36 am on Thursday, March 25, 2021
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Closed MU Position

Closed MU Covered Call/Iron Condor for profit of $4,346 in 52 Days

#mu, #coveredcalls, #ironcondor