OptionsExpiration

*Expired*
LABU 05/07/2021 100/85 Bear Call Spread
SQQQ 05/07/2021 11.50 Covered Call
SQQQ 05/07/2021 12.00 Diagonal Call
TLRY 05/07/2021 32.0/25.0 Bear Call Spreads
VXX1 05/07/2021 10.50(adj) Covered Calls
VXX1 05/07/2021 11.00(adj) Covered Call
VXX1 05/07/2021 11.50(adj) Covered Calls
VXX1 05/07/2021 26.0/15.0(adj) Bear Call Spreads
VXX 05/07/2021 41.0 Covered Calls
LABU 05/07/2021 50/63 Bull Put Spread
WFC 05/07/2021 30.0/44.50 Bull Put Spreads

*Assignments*
SLB 05/07/2021 29.50 Covered Calls

Everything else was rolled out a week.

LABU Put

I re-sold the LABU 05/07/2021 63.0 Put @ 0.45 that I covered early this morning @ 0.32 after the stock spent all day on the upside.
It now looks like it will expire.

VXX Put Roll

Bought to close VXX May 07 2021 37.5 Puts / Sold to Open VXX May 14 2021 36.0 Puts at $0.13 Credit.
Sold against long July 25.0 Puts already in the account.
#VXXContango

SPX trades

#SPX1dte Sold to Open $SPX May 10th 4155/4175-4275/4295 iron condors for 1.05, SPX at 4234, IV 8%, deltas -.07 +.08

Today’s closing to follow in comments.

Final LABU Put rolled

Bought to close 1 LABU May 07 2021 63.0 Put at $0.32. Sold this at $1.30 earlier this week.

Sold to Open 1 LABU May 14 2021 60.0 Put at $1.62

#tqqq BTC TQQQ 7 MAY…

#tqqq
BTC TQQQ 7 MAY 94.5 PUT @.02./had sto @ 1.20

LABU Puts Rolled (too early)

Rolled short LABU 05/07/2021 69.0 Put to next week’s 67.0 Put for a 0.10 Credit
Rolled short LABU 05/07/2021 67.0 Put to next week’s 65.0 Put for a 0.26 Credit
Rolled short LABU 05/07/2021 65.0 Put to next week’s 62.0 Put for a 0.20 Credit.

I still have a 63.0 Put for this week to deal with and a short 85.0 Call that will expire.

April Jobs Report

#Jobs — Way way below expectations; much lower than March’s blowout

Gain of +266,000 non-farm payroll jobs, vs. expected gain of 1M
Unemployment at 6.1%, up by 0.1
U6 unemployment at 10.4%, down by 0.3
Labor force participation 61.7%, up by 0.2

March revised down by -146K to +770K
Feb jobs revised up by +68K to +536K