#OptionsExpiration – Turned into a pretty good week…
BIIB 245 Put (sold for 3.50)
SPOT 240 Call (sold for 5.00)
TSLA 575 Put (sold for 6.10)
TSLA 650 Call (sold for 8.25)
Daily Archives: Friday, May 21, 2021
OptionsExpiration
A main monthly expiration as a bunch of long hedges roll off along with the latest shorts.
Expired:
LABU 05/21/2021 70/100 Bear Call Spread
LABU 05/21/2021 67/76 Bear Call Spread
LABU 05/21/2021 60/45 Bull Put Spreads
SQQQ 05/21/2021 13.0 Covered Call
SQQQ 05/21/2021 13.5 Diagonal Calls
TLRY 05/21/2021 16/32 Bear Call Spreads
TNA 05/21/2021 80.0 Diagonal Put
TQQQ 05/21/2021 85/55 Bull Put Spread
VXX1 05/21/2021 11.0/30 Bear Call Spreads
VXX1 05/21/2021 11.5/31 Bear Call Spreads
VXX1 05/21/2021 12.0/32 Bear Call Spreads
VXX1 05/21/2021 12.5/33 Bear Call Spreads
VXX1 05/21/2021 13.0/33 Bear Call Spreads
VXX 05/21/2021 42.0 Covered Calls
VXX 05/21/2021 43.0 Covered Call
VXX 05/21/2021 44.0 Covered Calls
VXX 05/21/2021 46.0 Covered Calls
UVXY
Last trade before the split
Bought to Close UVXY May 21 2021 4.5 Puts at $0.16. Breakeven with last week’s sale on a rolldown.
Sold to open UVXY May 28 2021 4.5 Puts at $0.42.
Hedged with long September Puts.
TQQQ
#ShortPuts – Starter for a new ladder in June.
Sold TQQQ JUN 18 2021 82.5 Put@ 2.36
Sold TQQQ JUN 18 2021 80.0 Put @ 2.00
TSLA
#ShortPuts #ShortCalls – Replacing this week’s.
Sold TSLA MAY 28 2021 560.0 Put @ 6.75 (in an IRA)
Sold TSLA JUN 4 2021 675.0 Call @ 2.15 (selling against Jun 21st 475 strike put)
TWTR
#CoveredCalls – Barely ITM so rolling another week for nice credit.
Rolled TWTR MAY 21 2021 54.0 Calls to MAY 28 2021 54.0 Calls @ .90 credit (1.95 total now)
SPOT
#CoveredCalls – Replacing this week’s.
Sold SPOT JUN 4 2021 237.5 Call @ 4.20
SOXL
#ShortPuts – Book,roll and add.
Bought to Close SOXL MAY 21 2021 34.0 Puts @ .20 (sold for 1.75 and 5.00)
Bought to Close SOXL MAY 21 2021 35.0 Puts @ .91 (sold for 1.74 and 4.00)
Rolled SOXL MAY 21 2021 36.0 Puts to JUN 18 2021 34.0 Puts @ 1.35 credit (3.90 total now)
Adding starters lower leaving room to aggressively add.
Sold SOXL JUN 18 2021 33.0 Put @ 2.70
Sold SOXL JUN 18 2021 32.0 Put @ 2.25
TLRY Puts Rolled down
Rolled TLRY May 21 2021 16.0 Puts to TLRY May 28 2021 15.5 Puts @ 0.04 Credit
#tqqq btc TQQQ 21 MAY…
btc TQQQ 21 MAY 95 PUT @.20 (sold @ 2.35)
VXX Calls closed
Bought to Close VXX May 21 2021 45.0 Diagonal Calls at $0.01
Bought to Close VXX May 21 2021 46.0 Diagonal Calls at $0.01
LABU Puts Rolled way down
Used today’s rally to roll down and take some nice gains on this week’s puts:
Rolled LABU May 21 2021 64.0 Put to LABU May 28 2021 59.0 Put @ 0.16 Credit
Rolled LABU May 21 2021 66.0 Put to LABU May 28 2021 62.0 Put @ 0.10 Credit
All other LABU positions will expire.
LABU
Bought to close 1 LABU 05/21/2021 57.0 Put @ 0.05. Sold for $3.50 on 5/17
TQQQ,
STO July 2, 65 put at 1.13
STO July 16, 60 put at 1.30
NVDA 4 for 1 split
#StockSplits – Seems like a long way out for the announcement but I’ll take it. Should be much more tradeable now. Earnings next week.
https://www.reuters.com/article/nvidia-stock-split/nvidia-sets-4-for-1-stock-split-from-july-idUSL3N2N837I
LAZR PINS ROKU
#CoveredCalls – A few adjustments.
LAZR: Small profits and new positions. Replacing stock getting called away.
Bought to Close LAZR MAY 21 2021 22.5 Puts @ 1.15 (sold for 1.70)
Sold LAZR JUN 11 2021 20.0 Puts @ 1.20
Sold LAZR JUN 11 2021 20.5 Puts @ 1.35
Sold LAZR JUN 11 2021 21.0 Puts @ 1.66
PINS: Nice premium collection.
Rolled PINS MAY 21 2021 60.0 Calls to JUN 4 2021 60.0 Calls @ 1.50 credit (4.05 total now)
ROKU: Out and up a week.
Rolled ROKU MAY 21 2021 315.0 Call to MAY 28 2021 317.5 Call @ .34 credit (7.34 total now)
Options Bistro 