#optionsexpiration #coveredcallssdc-assignment
$GME @ramie77 splendid 180/190/310/300 IC
$VLO 84 call Covered
$AG 18 call Covered
$LEN 99 call Covered
$RBLX 95 put
$F 13 put
$F 13.5 call Stock called away
#bups
$TSLA BTC 6/18 540/550 BUPS at 1.50. STO at 2.45.
#shortputs
$SOXL BTC 6/18 35 put at .80. STO at 4.13. Thank you @fuzzballl
$TQQQ BTC 6/4 110 put and STO 6/11 109 put at cost of .40.
Enjoy the weekend
Expired:
AMC 06/04/2021 15.0 Puts
LABU 06/04/2021 66.0 Diagonal Call
LABU 06/04/2021 55.0 Diagonal Put
SQQQ 06/04/2021 17.0/12.0 Bear Call Spreads
VXX 06/04/2021 33.0 Diagonal Put – #VXXContango
VXX 06/04/2021 46.0 Covered Call
VXX 06/04/2021 46.0/50.0 Bear Call Spreads
VXX1 06/04/2021 13.50 Diagonal Calls
Assignments:
VXX1 06/04/2021 13.0 Puts (25sh each) – adj cost 34.00 after put premium
VXX1 06/04/2021 12.0 Puts (25sh each) – adj cost 33.64 after put premium
VXX1 06/04/2021 10.5 Puts (25sh each) – adj cost 33.80 after put premium
VXX1 06/04/2021 10.0 Puts (25sh each) – adj cost 33.52 after put premium
Everything else was rolled to next week.
#ShortPuts – Taking more. Everything in this ticker is now in July.
Bought to Close SOXL JUN 18 2021 34.0 Put @ .59 (sold for 3.85)
Bought to Close SOXL JUN 18 2021 35.0 Put @ .75 (sold for 3.25)
Bought to Close SOXL JUN 18 2021 36.0 Put @ .97 (sold for 2.75)
Rolled 1 VXX 06/04/2021 36.0 Put to next week’s 35.5 Put @ 0.26 Credit
Rolled 1 VXX 06/04/2021 35.0 Put to next week’s 34.5 Put @ 0.34 Credit
Rolled 1 VXX 06/04/2021 34.0 Put to next week’s 33.0 Put @ 0.25 Credit
Rolled 1 VXX 06/04/2021 33.50 Put to next week’s 32.0 Put @ 0.16 Credit.
#VXXContango shorts against July and September longs
Rolled $TSLA Jan 21 2022 200 put up to 300 put @ 6.50 credit. Total premium now 11.65.
#SPX7dteLong Earlier: Sold to close $SPX June 4th 4215/4235 call spreads for 8.25. Bought last Friday for 8.80. Small loss, but better than yesterday when it got below 2.00. It’s in profit range now had I waited. Finally getting the move from the Upside Warning. Two other call spreads expiring next week are looking good.
From Carter Worth
Closing more long #VXXContango long side puts.
Sold VXX1 06/18/2021 8.0 Puts @ 0.27. Bought last November @ 0.22 and 0.23.
Wrote against them many, many times.
These were my highest cost lots. If VXX drops below 32, my remaining long puts go in the money.
STO June 18, 74 put at 2.40
STO July 23, 70 put at 1.21
I bought the butterfly back for $1.00, finally made a little money on Tesla.
#ShortPuts #CoveredCalls – A couple trades this morning.
LAZR: New starter positions.
Sold LAZR JUN 25 2021 21.0 Puts @ 1.00
Sold LAZR JUN 25 2021 21.5 Puts @ 1.20
SPOT: An old earnings trade. Breakeven is the goal.
Bought to Close SPOT JUN 4 2021 237.5 Call @ .22 (sold for 4.20)
Sold SPOT JUN 11 2021 235.0 Call @ 5.02
Exiting some put spreads. The shorts can’t be rolled to next week as the pre-split strikes aren’t available so I closed the long puts hedging them too.
Bought to close VXX1 Jun 04 2021 9.0 Puts at $0.52. Sold these last week at $0.61.
Bought to close VXX1 Jun 04 2021 8.5 Puts at $0.14. Sold these last week at $0.19.
Sold to close VXX1 Jun 18 2021 9.0 Puts at $0.89 and $0.90. Bought these in November, December and January at $0.40, 0.31 and 0.25
BTC June 4, 80 put at .01, sold at 1.40
BTC June 4, 70 put at .01, sold at 1.07 in my IRA
That is it for today.
#Jobs — Again lower than expectations, but a strong improvement on April’s disappointment. Restaurants added almost 1 in every 3 of the new jobs. Still 7.6 million jobs lower than before pandemic.
Gain of +559,000 non-farm payroll jobs, vs. expected gain of 671K.
Unemployment at 5.8%, down by 0.3
U6 unemployment at 10.2%, down by 0.2
Labor force participation 61.6%, down by 0.1
Average Hourly Earnings up 0.5%
March revised up by +15K to +785K
April jobs revised up by +12K to +266K
Options Bistro 