#shortputs
$MARA BTC 3/26 42 put and STO 4/16 39 put at added 60 credit and 3 lower if assigned
#optionsexpiration
$TQQQ 110 Call Thank you @jsd501
#assigned
$WYNN 140 put
$PENN 111 put
$NIO 35 call
$SNOW 215 call Too bad I rolled down yesterday from $230. C’est la guerre
Have a pleasant weekend. Thanks to all who toil in @jeffcp66‘s wonderful vineyard.
#SPX7dteLong Sold to close $SPX 3940/3960 call spreads for 7.10. Combine with puts this morning, 12.10 in sales for 3.70 loss.
More coming in comments
Bought to close VXX Mar 26 2021 13.0 Calls / Sold to Open VXX Apr 01 2021 13.5 Calls at $0.19 Credit
Bought to close VXX Mar 26 2021 13.5 Calls / Sold to Open VXX Apr 01 2021 14.0 Calls at $0.15 Credit
**Partial positions
STO May 7, 65 puts at 2.20 in my IRA
STO May 7, 60 puts at 1.40 in my trading account.
#ShortPuts #CoveredCalls – Cleaning up a few annoying positions this week.
BIIB: Stock being called away at 260.0 (basis 269.0) Pretty good recovery from the Nov 4th craziness. Replacing with a pre-earnings put sale.
Sold BIIB APR 16 2021 260.0 Put @ 4.30
SLV: Not worth holding on to. Taking the small loss.
Sold SLV Shares @ 23.23 (basis 23.90)
UVXY: Position sizes are small enough now I’m letting the hedge go. A loss but that is typical for my hedges.
Stock will be called away @ 5.50 (basis 6.77)
Bought to close TLRY Mar 26 2021 25.0 Puts / Sold to Open TLRY Apr 01 2021 25.0 Puts @ 0.49 Credit
On Wednesday I sold 1 GME Mar 26 2021 250 / 200 Bear Call Spread at $1.37 Credit after earnings with GME at 150.
Now that the stock is up to the 200 short strike I’m rolling the entire spread up.
Bought to close 1 GME Mar 26 2021 250.0/200.0 Bear Call Spread @ $6.57 Debit and
Sold to open 1 GME Apr 01 2021 300.0/250.0 Bear Call Spread @ $6.86 Credit.
I’ll have to wait another week but the short strike is 50 points higher.
Meanwhile I have short strike 80 and 50 puts expiring today.
#shortputs
$TQQQ BTC 4/1 75 put at .50. STO at 1.55. Thank you @fuzzballl
$MRVL STO 4/1 45 put at 1.00
$LABU STO 4/1 65 put at 1.51 Thank you @optioniceman
$TAN BTC 3/26 90 put and STO 4/1 89 put at .55 added credit and $1 less if assigned
Bought to close VXX Mar 26 2021 12.5 Calls Limit at $0.01. They won’t trade any lower.
Sold on 3/23 at an average price of 0.35
Bought to close AMC Mar 26 2021 15.5 Call / Sold to Open AMC Apr 01 2021 15.5 Call at $0.40 Credit.
#SPX7dteLong Looks like a tough day for this one as SPX price currently in the dead zone. Sold to close $SPX March 26th 3930/3910 put spreads for 5.00. Condors bought for 15.80 on Monday. Hopefully will be a bullish day and can get something strong for the call side.
#SPX1dte STOPPED – Bought to close Mar 26th 3950/3970 call spreads for 1.35. Condors sold for 1.10 yesterday. It hit my stop (expected move) but was still closeable at only a small loss. Part of the problem with this one today was I sold it yesterday with 2 hours remaining, and market spiked upward into close. First time I’ve had to stop out of this trade since March 3.
Bought to close UVXY Mar 26 2021 6.5 Puts / Sold to Open UVXY Apr 01 2021 6.5 Puts at $0.18 Credit.
Bought to close VXX Mar 26 2021 13.0 Puts / Sold to Open VXX Apr 01 2021 13.0 Puts at $0.15 Credit.
Bought to close 1 LABU Mar 26 2021 75.0 Put at $0.97. Sold this on 3/23 @ 1.31.
To replace it I sold to open 1 LABU Apr 01 2021 65.0 Put at $1.27. The new strike is outside the recent trading range and 10 points lower.
Options Bistro 