Rolled TNA Jul 16 2021 86.0 Diagonal Put to next week’s TNA Jul 23 2021 82.5 Put at $0.52 Credit.
3.5 points better on the strike and now out of the money
Hedged with long Oct puts
#OnlySpreads
Monthly Archives: July 2021
LABU Put Rolldown
Rolled LABU Jul 16 2021 64.0 Diagonal Puts down to next week’s 62.0 Puts at $0.05 Credit.
2 points better on the strike
Rolled LABU Jul 16 2021 62.0 Diagonal Put down to next week’s 58.0 Put at $0.05 Credit.
4 points better on the strike.
Both positions hedged with long Aug & Sep puts already in the account.
#OnlySpreads
VXX Puts
I was only able to get 1 of these sold before VXX bounced.
Sold to open 1 VXX Jul 23 2021 27.0 Put at $0.18.
Paired with already long Aug 22.0 Puts.
Waiting for today’s 28.50, 28.0 and 27.50 short puts to expire.
#VXXContango
TQQQ Put Close
#shortputs
$TQQQ BTC 7/30 102.5 put at .60. STO at 1.72
TQQQ Call rollup
Rolled TQQQ Jul 16 2021 118.0 Diagonal Calls up to next week’s 119.0 Calls @ 0.05 Credit.
Still hoping to cover my 129.0 call at a penny before the close
LABU Put Close / LABU Put Roll
LABU BTC 7/16 59 put at .85. STO at 2.60
$LABU BTC 7/16 71.50 put and STO 7/30 71 put at added credit of .15. Hope springs eternal.
Rolling NVDA
Rolled $NVDA Aug 13 900/910 bear call spread down to 840/850 @ .93 credit. Position is now 690/700/840/850 iron condor with 3.83 total premium taken in.
SOXL
#ShortPuts – My top performing stock of the year so going aggressive when adding to the ladder. Worked great on the last two big drops.
Sold SOXL AUG 20 2021 40.0 Put @ 4.10
UVXY1 Covered Call
Sold UVXY1 Sep 17 2021 6.0 Covered Call at $0.48.
This contract is only on 10 shares. (but the cash premium of $48 is like selling the 100 share contract for $480
#spxexpectedmove sto VERTICAL SPX 30…
#spx/~6.5% return
sto VERTICAL SPX 30 JUL 4230/4225 PUT @.60
sto VERTICAL SPX 28 JUL 4245/4240 PUT @.60
VXX trades
Bought to close 1 VXX Jul 16 2021 31.5 Put / Sold to Open 1 VXX Jul 23 2021 30.5 Put at $0.02 Credit with a 1 point drop in the the short strike.
Sold to open 1 VXX Jul 16 2021 32.5 Diagonal Call at $0.22
Sold to open 1 VXX Jul 16 2021 33.00 Diagonal Call at $0.19
TQQQ Put 1DTE
Sold 1 TQQQ Jul 16 2021 123.0 Diagonal Put at $0.60.
#OnlySpreads
AMC Call rollup
Bought to close AMC Jul 16 2021 27.0 Diagonal Calls at $7.75. Sold on a roll out last week at $20..77
Replaced it with short diagonal AMC Jul 23 2021 30.0 Calls at $6.75.
A 1 point debit on the roll but offset by the 3 point higher strike price so I’m still 2 points better off.
NIO Put Roll / O Put Close
$NIO BTC 7/16 50 put and STO 7/23 put at .18 added credit
$O BTC 7/16 70 put at .80. STO at 2.75
TQQQ,
I have closed out all of my short put positions in the TQQQ and now have 75% in cash. I may be early but I don’t like this market and it feels like the troops are not following the generals.
GS BUPS Close
TQQQ< BTC August 6, 90…
TQQQ<
BTC August 6, 90 put at .55, sold at 1.22
Closing long QQQ puts
Sold 7/23 363 puts @ 4.36. Bought for 3.71 yesterday. Taking profits for now, but will look to reinitiate on more weaknesss in the Nasdaq.
TQQQ
#ShortPuts- Starting new August ladder.
Sold TQQQ AUG 20 2021 100.0 Put @ 2.05
Sold TQQQ AUG 20 2021 105.0 Put @ 2.60
COIN
Sold 1 COIN Jul 16 2021 210.0 Diagonal Put at $0.54.
#DoubleDip #OnlySpreads
SPX trades
#SPX7dteLong Sold to close $SPX July 16th 4380/4360 put spreads for 12.00. Condors bought for 14.20 on Monday. Since bank earnings are good I’m banking on more upside into tomorrow’s close, so I can sell the call side. But if we go lower loss is only 2.20.
#SPX1dte Expired yesterday: July 14th condor, sold Tuesday for 1.35.
TQQQ,
BTC August 20, 85 put at .85, sold at 1.72, Just want to reduce risk and free up margin.
AMC Call
Dumping an extra long call before it expires worthless
Sold to close 1 AMC Jul 16 2021 38 Call at $1.56.
I’m short 40, 43 and 46 calls for tomorrow
TQQQ Put
Sold 1 TQQQ Jul 16 2021 125.0 Diagonal Put at $0.51.
Paired with and offseting my short 129.0 Diagonal Call for tomorrow
WIX SOXL Put Close
#shortputs
$WIX BTC 7/16 300 put at $4.00. STO at $9.00. GTC order hit before the stocks collapse.
$SOXL BTC 8/20 25 put at $.20. STO at $1.05. Thank you @jsd501
LABU Put
Sold 1 LABU Jul 23 2021 60.0 Diagonal Put at $3.23.
Strike is below the 2-month low – edit:(until just now)
#OnlySpreads
TLRY
Sold TLRY 07/16/2021 15.0 Diagonal Puts @ 0.34
TQQQ,
BTC July 23, 70 put at .04, sold at 1.21
BTC July 30, 75 put at .14, sold at 1.17
Just want to reduce my exposure and book a profit.
TQQQ
#ShortPuts – Keeping things on a pretty short leash. Taking 60 percent of max 2 -3 weeks earlier. Looking to start a new ladder in Aug monthly.
Bought to Close TQQQ JUL 30 2021 102.5 Put @ .62 (sold for 2.00)
Bought to Close TQQQ JUL 30 2021 105.0 Put @ .70 (sold for 2.25)
Bought to Close TQQQ JUL 30 2021 110.0 Put @ 1.01 (sold for 2.25)
Bought to Close TQQQ JUL 30 2021 115.0 Put @ 1.44 (sold for 3.10)
Bought to Close TQQQ AUG 6 2021 100.0 Put @ .87 (sold for 2.05)
VXX Early put rolldown
Rolled 1 VXX Jul 16 2021 32.5 Put down to next week’s VXX 07/23/2021 32.0 Put @ 0.10 Credit and a 0.50 lower strike.
TQQQ Aug
STO $TQQQ Aug 20 105 put @ 2.14
TNA ladder
Sold to open:
$TNA 7/30 75 put @ 1.40
$TNA 8/13 70 put @ 1.77
$TNA 8/20 70 put @ 2.24
$TNA 8/27 65 put @ 1.91
AMC Strangle
Sold 1 AMC 07/16/2021 24.0/43.0 Strangle at $0.64.
TQQQ,
BTC July 16, 75 puts at .01, sold at 1.61 and that is all for this week.
#tqqq STO TQQQ 27 AUG…
TSLA pre earnings
#ShortPuts – Selling twice the expected move the week before earnings. Dan’s free video yesterday was pretty bullish for TSLA too.
Sold TSLA JUL 23 2021 550.0 Put @ 3.05
SPX trades
#SPX7dteLong Bought to Open $SPX July 19th 4350/4370-4380/4400 condors for 15.25, with SPX at 4374.
VXX Calls
Sold VXX Jul 16 2021 32.5 Covered Call at $0.29
Sold VXX Jul 16 2021 33.0 Covered Call at $0.20
Sold VXX Jul 16 2021 33.5 Covered Calls at $0.15
Sold VXX Jul 16 2021 34.0 Covered Calls at $0.14
They can have my stock at those levels
TQQQ,
STO August 27, 90 put at 1.35
NEGG assignment-palooza
As did most of us that put on this trade I got assigned in the 3 accounts in which I was able to execute this trade. Full assignments in 2 of the accounts and partial assignment in 1 of them. I closed the trade where I was fully assigned for .86 and .90 profit, and I covered the partial assignment, leaving a small position in that account with a bit of time value now in the 20 calls. If assigned again here (it’s an IRA) I will obviously have to cover immediately but let’s see what happens. Still profitable with all the craziness so once again thanks @Hawk.
AMC Puts
Sold AMC Jul 16 2021 26 Puts at $0.15
TLRY
Sold TLRY Jul 16 2021 16.5 Diagonal Calls at $0.52
Sold TLRY Aug 13 2021 23.0 Diagonal Calls at $0.73
Sold TLRY Aug 20 2021 23.0 Diagonal Calls at $0.72
All these offset a long stock position and several ITM short Put spreads
LABU Put
Sold 1 LABU Jul 16 2021 62.0 Diagonal Put at $1.35
#OnlySpreads
TNA Put
Sold 1 TNA Jul 16 2021 86.0 Diagonal Put at $1.15
#OnlySpreads
VXX Puts
Sold VXX Jul 16 2021 27.5 Puts at $0.16 & $0.18.
Sold against long 08/27/2021 21.0 puts.
Short DTE = 3
Long DTE = 45
#VXXContango
OSTK
#ShortPuts – Never got a chance to add.
Bought to Close OSTK JUL 23 2021 82.0 Put @ .45 (sold for 2.55)
TQQQ,
BTC July 16, 70 puts at .01 in my IRA.
COIN
#ShortPuts – Selling just outside the expected move, at all time lows, and hopefully a week before earnings.
Sold COIN AUG 6 2021 210.0 Put @ 2.55
SPCE
#ShortPuts – Throwing a little ladder out there after all the news last couple days. Hoping this is a week or two before earnings.
Sold SPCE JUL 30 2021 35.0 Put @ 2.20
Sold SPCE JUL 30 2021 32.5 Puts @ 1.30
Sold SPCE JUL 30 2021 31.0 Put @ 1.05
#spxcampaign BTC SPX 16 JUL…
BTC SPX 16 JUL [AM] 4185/4180 PUT @.10 CBOE
had sto @.50
GS Earnings BUPS
SPX trades
#SPX7dteLong Bought to Open $SPX July 16th 4360/4380-4390/4410 condors for 14.20, with SPX at 4382.
#SPX1dte Expiring worthless when I didn’t want it to: LONG condor bought Friday for .80.
TQQQ< BTC July 16, 60…
TQQQ<
BTC July 16, 60 puts at .01, sold at 1.30
NEGG
Received a call from TDA earlier. I’m not allowed to carry short stock in an IRA so needed to be closed by end of day. I didn’t really take too many pains to close it…just blasted through all the positions getting near mid price. All said and done a massive gain of .70 per spread.
Fun while it lasted!
SNAP pre earnings
#ShortPuts – Taking small gains. Not really interested in holding these. Earnings next week so possibly get back in for that later.
Bought to Close SNAP JUL 16 2021 60.0 Put @ .21 (sold for .65)
Bought to Close SNAP JUL 16 2021 61.0 Put @ .29 (sold for .83)
Bought to Close SNAP JUL 16 2021 62.0 Put @ .43 (sold for 1.05)
TSLA pre earnings
#ShortPuts – Nice bounce today so taking these. Earnings next week.
Bought to Close TSLA JUL 16 2021 475.0 Put @ .25 (sold for 3.40)
Bought to Close TSLA JUL 16 2021 500.0 Put @ .33 (sold for 3.70)
SOXL,
BTC August 20, 25 puts at .25, sold at 1.42, my next level is .20cents.
UPST BUCS Close / GS BUPS Partial Close / SNAP Put Roll / SOXL TQQQ Put Close
#bucs
$UPST STC 7/16 105/115 BUCS at 9.49. BTO at 5.58
#bups
$GS BTC 7/16 350/360 BUPS at .80. STO at 2.82
#shortputs
$SNAP BTC 7/16 65 put and STO 7/23 63 put at added credit of $1.00. Will be out prior to earnings on 7/22
$SOXL BTC 7/16 37 put at .20. STO at 2.80. Thank you @fuzzballl
$TQQQ BTC 7/30 75 put at .20. STO at 1.20. Thank you @jsd501
LABU Put
Sold 1 LABU Jul 16 2021 64.0 Put at $1.35 against a already long (and fully paid for) Sep Put.
Replaces a LABU strike 65 Put that expired Friday.
AMC Puts
One last set of writes against my long puts expiring Friday.
Sold AMC Jul 16 2021 27.0 Puts at $0.17
Sold AMC Jul 16 2021 25.0 Puts at $0.13
TNA Put
Sold to open 1 TNA Jul 16 2021 89.0 Put at $1.75.
A second write against a fully paid-for long TNA Oct 50.0 Put.
This replaces a similar short put that expired Friday
TQQQ Call
Sold to close 1 TQQQ Jul 16 2021 130.0 Call at $3.47. Bought this at $0.95 as the long side of a diagonal spread several weeks ago. I didn’t want to see it expire worthless.
Bought to open 1 TQQQ Aug 20 2021 145.0 Call at $3.17 to keep a long hedge in place but giving myself another month to write against it.
SOXL,
BTC August 20, 25 put at 30, sold at 1.42, I am scaling them in as it was a large trade for me and I want to reduce my risk.
Short NEGG AUG 20 2021…
Short NEGG AUG 20 2021 CALL got assigned on Friday. So I exercised the long call.
There is probably a charge for being short shares, just not sure how much.
Expiration / BIIB TQQQ Put Close / Roll CGC Put
#optionsexpiration
$MU 80.5 call (covered)
#shortputs
$BIIB BTC 7/16 325 put at .30. STO at 4.30.
$TQQQ BTC 7/16 90 put at .10. STO at 1.70.
$TQQQ BTC 7/16 93 put at .10. STO at 2.00. Thank you @fuzzballl
$CGC BTC 7/9 27.50 put and STO 7/23 27.50 put at even
OptionsExpiration
==Expired==
AMC 07/09/2021 56.0 Diagonal Calls
AMC 07/09/2021 27.0 Diagonal Puts
AMC 07/09/2021 23.0 Diagonal Puts
LABU 07/09/2021 65.0 Diagonal Put
LABU 07/09/2021 62.0 Diagonal Put
TLRY 07/09/2021 19.5 Covered Calls
TNA 07/09/2021 89.0 Diagonal Put
TQQQ 07/09/2021 118.0 Diagonal Put
TQQQ 07/09/2021 115.0 Diagonal Put
VXX 07/09/2021 32.0 Covered Calls
VXX 07/09/2021 32.5 Covered Calls
VXX 07/09/2021 33.0 Covered Calls
VXX 07/09/2021 33.5 Covered Calls
VXX 07/09/2021 34.0 Diagonal Calls
VXX 07/09/2021 34.5 Diagonal Calls
VXX 07/09/2021 35.0/60.0 Bear Call Spreads
VXX 07/09/2021 40.0/65.0 Bear Call Spreads
VXX 07/09/2021 28.0 Diagonal Puts #VXXContango
VXX 07/09/2021 27.5 Diagonal Put #VXXContango
VXX Call
Sold 1 VXX Jul 16 2021 32.5 Call at $0.41.
Some similar calls expire in a few minutes
TQQQ Call Rollup
Rolled this week’s 126.0 Diagonal Call up to next week’s 129.0 Call @ 0.18 Credit
SNOW
#ShortPuts – Crazy run this week on this one. Taking these 2-3 weeks early.
Bought to Close SNOW JUL 23 2021 220.0 Put @ .50 (sold for 2.39)
Bought to Close SNOW JUL 30 2021 220.0 Put @ .90 (sold for 3.31)
SPX trades
#SPX1dte STOPPED Bought to close $SPX July 9th 4365/4385 call spreads for 1.85. Condors sold yesterday for .95
VXX Puts
Sold VXX Jul 16 2021 28.5 Puts at $0.56. Sold against the Aug 24.0 Puts I bought yesterday.
I have VXX short 27.50 and 28.00 puts expiring today as well.
#VXXContango
TLRY
Sold TLRY Jul 16 2021 15.5 Diagonal Puts at $0.43.
LABU MNMD
#ShortPuts – Just a couple rolls today is about it.
Rolled LABU JUL 9 2021 72.5 Put to JUL 16 2021 71.5 Put @ .86 credit (2.56 total now)
Rolled MNMD JUL 16 2021 5.0 Puts to AUG 20 2021 5.0 Puts @ .11 credit
Sold MNMD JUL 16 2021 2.5 Puts @ .01
Overall position is now Aug 5/2.5 Bull Put Spreads @ about 1.62
AMC Call
Sold 1 AMC Jul 16 2021 46.0 Diagonal Call at $5.50.
I’ve got some strike 56 calls (and some short puts) expiring tomorrow
NVDA IC
After today’s pullback, I’m trying a pre-earnings iron condor with IV elevated. Sold $NVDA Aug 13 (weekly) 690/700/900/910 iron condor @ 2.90 with the stock around 792.
Options Bistro 