SPX

BTO $SPX Jun-01-21 4160/May-28-21 4160 Call Calendar @4.5, soon after the close.

A little early, but that long weekend should be worth at least 4.5 in time premium, with a 125 point range for SPX to chop around.

Options Expiration

#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)

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

SPX

Now SPX is close to the lower range for the day, so far…

STC $SPX May-21-21 4150/May-24-21 4150 Call Calendar 9.5

took most off. bought at 4.05 and added at 3.

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…

#tqqq

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)