TQQQ,

STO July 16, 75 put at 1.61

SOXL

#ShortPuts – More size reduction. Slightly better prices than yesterday.

Bought to Close SOXL JUN 18 2021 34.0 Put @ .70 (sold for 3.85)
Bought to Close SOXL JUN 18 2021 35.0 Put @ 1.00 (sold for 3.25)
Bought to Close SOXL JUN 18 2021 36.0 Put @ 1.30 (sold for 2.75)

TQQQ

#ShortPuts – Anchor position for hopefully a nice July ladder. Thanks @walter6871 !

Sold TQQQ JUL 16 2021 80.0 Put @ 2.27

#tqqq STO TQQQ 2 JUL…

#tqqq

STO TQQQ 2 JUL 84 PUT @1.90

BIIB aducanumab decision

#BullPutSpreads – IV much higher than a typical earnings announcement so taking a shot. Playing it to the upside with defined risk selling an ITM bull put spread. If it tanks then the lower the better for starting a covered call program.

Sold BIIB JUN 11 2021 300.0/270.0 Bull Put Spread @ 20.20

Trying to sell 3-4 call spreads above it somewhere to help with basis reduction on an implosion but to still preserve some decent profits to the upside. Sort of an unbalanced iron jade condor lizard 🙂 🙂

https://www.barrons.com/articles/fda-biogen-decision-biotech-stocks-51622553280

EDIT: Went wider on the call spread and sold at the expected move. Max profit window is 300-320 with no upside risk. Basis on an implosion will only be 5.80 above wherever the stock is trading at Friday expiration.

Sold BIIB JUN 11 2021 320.0/340.0 Bear Call Spread @ 4.00

BIIB REGN

#ShortPuts – Taking these off to make room for a roll of the dice on BIIB next week. Looks like the announcement could come anytime between now and the 7th.

Bought to Close BIIB JUN 4 2021 245.0 Put @ 1.35 (sold for 3.20)

Bought to Close REGN JUN 18 2021 475.0 Put @ 2.20 (sold for 4.20)

TSLA

Tesla Global EV Market Share Collapses To 11% In April, From 29% In March: Credit-Suisse

LABU Put Roll

#shortputs
$LABU BTC 6/4 67 put and STO 6/11 66 put at added credit of .70

GME

Extending the time duration of my long position after I rolled up my short earlier.
Sell to Close 1 GME Jun 11 2021 310 Call at $40.92. Purchased @ $6.88 on 5/25.

Bought to Open 1 GME Jul 02 2021 400 Call for a Net Credit of $0.40

AMC Crazy

Bought to Open 1 AMC Jul 16 2021 60 Call / Sold to Open 1 AMC Jun 11 2021 40 Call at $1.10 credit.
The short Filled at $26.45 with the stock at 43.

I’ve got over a week before I have to worry about rolling the short.

ALB RBLX TQQQ Put / LEN Covered Call

#shortputs
$ALB STO 6/18 165 put at 3
$RBLX STO 6/4 95 put at 1.27
$TQQQ STO 7/16 80 put at 2.10. Thank you @walter6871

#coveredcalls
$LEN STO 6/4 99 call at .50

ZM earning

STC $ZM 6/11 6/4 325 calendar for 3.45, bought yesterday at 2.3.

Took partial off at 50% profit, while ZM hanging around 325.

ZM earnings

#JadeLizards #Earnings – I may have closed this too soon but will take it.

Bought to Close ZM JUN 4 2021 295.0/320.0/325.0 Jade Lizard @ 4.00 (sold for 5.25)

GME early roll

Last week I rolled up a short GME call to a GME Jun 04 2021 215 Call @ 53.85.
Today I rolled again. Bought back the GME Jun 04 2021 215 Call @ 44.71 and rolled it up 20 points to next week’s GME Jun 11 2021 235 Call for a Net Credit of $1.99

Assigned on NIO covered call on Friday….will reopen new position

https://coveredcallswithjeff.wordpress.com/2021/06/02/assigned-on-nio-on-5-29-21-profit-of-24073-in-258-days-return-on-capital-of-84-9-or-120-annualized/

#coveredcalls-2