sto VERTICAL SPX 23 JUL 4175/4170 PUT @.55 CBOE
Monthly Archives: July 2021
#TQQQ followed JSD501/THANKS sto TQQQ…
#TQQQ
followed JSD501/THANKS
sto TQQQ 13 AUG 90 PUT @1.47 BATS
TQQQ,
STO August 13, 90 put at 1.35 in my IRA
LABU,
STO January 2022, 25 put at 1.30
#TQQQ STO TQQQ 30 JUL…
STO TQQQ 30 JUL 99 PUT @1.32 NYSE
SPX trades
#SPX7dteLong Bought to Open $SPX July 14th 4305/4325-4335/4355 condors for 15.90, with SPX at 4326.
I forgot to buy one for next Monday… the holiday threw me off.
VXX long Put
Bought this to write against it
Bought VXX Aug 20 2021 24.0 Put at $0.43
#VXXContango
AMAT put spread
Sold to open $AMAT Aug 6 130/120 bull put spread @ 2.45. Stock pulled back to support this morning and is bouncing. Earnings anticipated mid August so the 8/6 expiration looks safe.
LABU
Interesting that LABU is up almost a point while the rest of the market is getting crushed.
More VXX Calls
Sold VXX Jul 09 2021 35 Diagonal Calls at $0.25
Sold VXX Jul 23 2021 40.0 Diagonal Call at $1.01
Sold VXX Jul 30 2021 42.0 Diagonal Call at $1.31
Sold VXX Aug 06 2021 42.0 Diagonal Call at $1.72
SOXL TQQQ
#ShortPuts – All adds to the bottom of ladders.
Sold SOXL AUG 20 2021 35.0 Put @ 2.47
Sold SOXL AUG 20 2021 34.0 Put @ 2.10
Sold SOXL AUG 20 2021 33.0 Put @ 2.05
Sold TQQQ JUL 30 2021 102.5 Put @ 2.00
Sold TQQQ AUG 6 2021 100.0 Put @ 2.05
VXX Calls
Bought to close 1 VXX Jul 09 2021 50.0 Call at $0.02. Sold on 06/01 at $1.75
Bought to close 1 VXX Jul 09 2021 48.0 Call at $0.02 . Sold on 06/01 at $1.77
Bought to close 1 VXX Jul 09 2021 46.0 Call at $0.07 . Sold on 06/01 at $1.99
Replaced the calls above with still out of the money calls for some additional premium
Sold 1 VXX Jul 09 2021 33.5 Call at $0.42
Sold 1 VXX Jul 09 2021 34.0 Call at $0.31
Sold 1 VXX Jul 09 2021 34.5 Call at $0.29
TQQQ
Selling some 2 day puts to offset existing short call positions
Sold 1 TQQQ Jul 09 2021 118.0 Diagonal Put at $0.50
Sold 1 TQQQ Jul 09 2021 115.0 Diagonal Put at $0.30
#OnlySpreads
TQQQ,
STO August 13, 90 put at 1.61
#tqqq sto TQQQ 17 SEP…
#tqqq
sto TQQQ 17 SEP 84.5 PUT @3.00 NYSE
Upside Warning was canceled this morning
#VIXIndicator The Upside warning that began on May 28th was canceled today. The close on May 28th was 4204, and the high was yesterday, at 4361. So this UpW was good for +3.7%.
VIX
Above 20 premarket – up 25% OVERNIGHT
CLX
Sold off my long CLX stock on a big move Wednesday @ $187.23
Cost of $174.46.
Don’t trust the market so getting closer to cash
TQQQ,
BTC August 13, 128 put at 8.00, sold at 8.40 because I did not feel comfortable with that strike price.
AMC Trades
Rolled my AMC Jul 09 2021 38.0 Diagonal Calls to AMC Jul 16 2021 40.0 Calls @ even money but gained 2 points on the short strike.
Also sold another AMC Jul 09 2021 27.0 Put at $0.22
TNA
Sold to open 1 TNA Jul 09 2021 89.0 Diagonal Put at $1.71.
#OnlySpreads
MSFT,
BTC August 20, 240 puts at .95, sold at 3.80 to reduce my risk.
SNOW,
BTC July 16, 215 put at .40 cents, sold at 4.40 so a 90% profit with 9 days to go. Happy to take the risk off the table.
NEGG
Range today 28.19 – 71.14
Just FYI
TQQQ
#ShortPuts – Fairly aggressive add here. Possibly a #TakeOneForTheTeam 🙂 🙂
Sold TQQQ JUL 30 2021 115.0 Put @ 3.10
SPX trades
#SPX7dteLong Sold to close $SPX July 7th 4320/4340 call spreads for 15.00. Condors bought for 13.10 last Thursday.
Leaving put spreads for possible further down move. I don’t trust that we will finish day OTM on the call spread so took profit now.
VXX Put
Bought to close 1 VXX Jul 09 2021 29.5 Put at $0.38. Sold last week on a rolldown at $1.34
Replaced it with 1 VXX Jul 16 2021 28.0 Put at $0.40 for a 0.02 Credit and dropped the short strike 1.50
#VXXContango
SOXL
#ShortPuts – Adding.
Sold SOXL AUG 20 2021 36.0 Put @ 2.05
BIIB pre earnings
#ShortPuts – Taking it now and waiting for earnings week.
Bought to Close BIIB JUL 16 2021 325.0 Put @ .80 (sold for 4.00)
COUP
#ShortPuts – Nice run in this one. Taking it a few weeks early.
Bought to Close COUP JUL 23 2021 245.0 Put @ 1.00 (sold for 3.90)
TQQQ,
BTC July 9, 70 puts at .01 in my IRA, Sold at .92
BTC July 9, 70 puts in the trading acct. at .01, sold at .91
SLB
Rolled my SLB Jul 09 2021 30.0 Calls up to next week’s SLB Jul 16 2021 30.5 Calls at $0.02 Credit
TQQQ,
STO, August 6. 95 put at 1.06
LABU
Sold 1 LABU Jul 09 2021 65.0 Diagonal Put at $0.92.
#OnlySpreads
What happens to a Covered…
What happens to a Covered Call position when stock back-splits?
For example GE will have a 1:8 split in August.
Right now I hold 400 shares and 4 calls.
After the split I will end up with 50 shares, but what happens to the existing calls?
COUP
#ShortPuts – Taking this one off a couple weeks early.
Bought to Close COUP JUL 16 2021 247.5 Put @ .75 (sold for 3.30)
SPX trades
#SPX7dteLong Bought to Open $SPX July 9th 4310/4330-4340/4360 condors for 13.75 with SPX at 4337.
#SPX1dte Expected to expire worthless: July 6th 4290/4310-4385/4410 condors, sold Friday for 1.00
TSLA pre earnings (again)
#ShortPuts – Selling below recent lows and over two times the expected move (even with the stock down 23 today) and the week before earnings.
Sold TSLA JUL 16 2021 500.0 Put @ 3.70
LABU
#ShortPuts – Filled while I was out. Adding to the ladder.
Sold LABU JUL 30 2021 60.0 Put @ 2.20
AMC Call
With the choice of liquidating my long AMC Jul 16 2021 70.0 Call (after the strike 60 call sold against it expired on Friday) or writing against it, I decided to write a diagonal call one more time.
Sold to open 1 AMC Jul 09 2021 56.0 Call at $2.62
VXX Calls
Sold to open VXX Jul 09 2021 33.0 Covered Call at $0.33
Sold to Open VXX Jul 09 2021 32.5 Covered Call at $0.40
Sold to open 1 VXX Jul 30 2021 40.0 Diagonal Call at $1.07
Sold to open 1 VXX Aug 06 2021 41.0 Diagonal Call at $1.43
TQQQ
#ShortPuts – Selling the old resistance (maybe new support). Also happens to be the expected move with breakeven at about the 50 day.
Sold TQQQ JUL 30 2021 110.0 Put @ 2.25
Taking one for the team,
TQQQ, STO August 13, 128 put at 8.40
VXX Long Puts
Sold to close VXX 12/15/2021 15.0 Puts @ $0.49
Bought these on 5/17 @ $0.23 as a lark in an old account that is too small for spreads.
Got a clean double though.
Expiration
#optionsexpiration #assignment
$PLTR 27 call
$MU put assigned at $81
Happy Fourth of July
Thanks to everyone for sharing their ideas. Special shout out to the
incredible @jeffcp66 and his wonderful site.
Options Expiration
Expired:
LABU 72 Put (sold for 1.60)
SNOW 235 Put (sold for 1.55)
LAZR
#ShortPuts – Adding.
Sold LAZR JUL 30 2021 20.5 Put @ 1.25
Sold LAZR JUL 30 2021 20.0 Put @ 1.05
OptionsExpiration
==Expired==
AMC 07/02/2021 60.0 Diagonal Calls
AMC 07/02/2021 38.0 Diagonal Puts
AMC 07/02/2021 37.0 Diagonal Puts
TLRY 07/02/2021 18.5 Covered Calls
TLRY 07/02/2021 19.5 Diagonal Calls
TQQQ 50.0/117.50 Bull Put Spread
VXX 07/02/2021 40.0 Covered Call
VXX 07/02/2021 46.0 Covered Call
VXX 07/02/2021 48/51.0 Bear Call Spread
VXX 07/02/2021 50/60.0 Bear Call Spread
TSLA pre earnings
#ShortPuts – Selling well below the moving averages and recent lows and 3 times the expected move in the week before earnings.
Sold TSLA JUL 16 2021 475.0 Put @ 3.40
SPX trades
#SPX7dteLong Sold to close $SPX July 6th 4270/4290-4300/4320 condors for 19.25. Bought for 13.85 on Tuesday.
#SPX1dte Sold to Open $SPX July 6th 4290/4310-4385/4405 condors for 1.00, SPX at 4350, IV 5.7%, deltas -.09 +.08
Today’s 1-dte looking like a loss, currently 6 points ITM.
VXX Calls
Sold VXX Jul 09 2021 32.0 Covered Calls at $0.25
Sold VXX Jul 16 2021 36.0 Covered Calls at $0.38
Sold VXX Jul 23 2021 40.0 Covered Calls at $0.48
Sold VXX Jul 30 2021 40.0 Covered Calls at $0.83
Sold VXX Aug 06 2021 40.0 Covered Calls at $1.06
Sold VXX Aug 13 2021 40.0 Covered Calls at $1.41
CC’s on Confluent (CFLT)
First time in this. Recent IPO. Stock was at $43.38
08/20/2021 $40 Call at $7.23
08/20/2021 $45 Call at $4.99
08/20/2021 $50 Call at $3.31
VXX Puts Closed
Bought to close VXX Jul 02 2021 28.0 Puts @ 0.01
Sold last Friday @ 0.23
#VXXContango
LABU SNOW ROKU
#ShortPuts – Replacing and adding.
LABU: Replacing this week’s expiration.
Sold LABU JUL 9 2021 72.5 Put @ 1.70
SNOW: Replacing this week’s expiration.
Sold SNOW JUL 23 2021 220.0 Put @ 2.39
ROKU: Pre earnings.
Sold ROKU JUL 30 2021 380.0 Put @ 4.85
TQQQ
Sold 1 TQQQ Jul 09 2021 126.0 Call at $2.12 against an already long Jul 16 20201 130.0 Call (left over from another spread).
Short strike slightly above the current all-time high in TQQQ
TQQQ SNOW Put Close / CGC Put Roll
#shortputs
$TQQQ BTC 7/16 80 put at .08. STO at 2.10. Thank you @walter6871 for the idea
$SNOW BTC 7/2 235 put at .15. STO at 1.25. Thank you @jsd501
$CGC BTC 7/2 27.50 put and STO 7/9 27.50 put at even
AMC Puts
Sold AMC Jul 09 2021 23.0 Puts at $0.19.
Only 4 trading days next week.
Paired with several bear call spreads still in the money so little downside risk
VXX Put Roll
The VIX index collapses to it’s lowest value since Jan 2020. So VXX spiked down too.
Bought to Close VXX Jul 02 2021 28.5 Put at $0.34. Sold last week @ 0.50
Sold to Open VXX Jul 09 2021 27.5 Put at $0.36, a full point lower plus a 0.02 Credit.
#VXXContango
TDOC pre earnings
#ShortPuts – Thanks @Ramie for getting this back on my radar. I’m taking a shot at the 50 day the week before earnings and just inside the expected move.
Sold TDOC JUL 23 2021 155.0 Put @ 2.54
OSTK pre earnings
#ShortPuts – Selling week before earnings at lowest available strike. Slightly inside the expected move.
Sold OSTK JUL 23 2021 82.0 Put @ 2.55
LABU
#ShortPuts – Added.
Sold LABU JUL 30 2021 66.0 Put @ 2.75
TDOC Aug
Sold $TDOC Aug 20 145/135 bull put spread @ 2.05
#tastytradefollow
VXX1 Calendar
- still able to write these until they’re gone
Sold to open VXX1 Jul 16 2021 7.0 Puts at $0.31
This gives me a Long Calendar spread with my ( already long ) Jan 2022 7.0 Puts.
#VXXContango trade with no downside risk.
TQQQ
Another roll, not as good as last week
Close this week’s 117.50 Calls and sold next week’s 118.0 Call @ 0.10 Credit
June Jobs Report
#Jobs — June was a strong month, beating expectations
Gain of +850,000 non-farm payroll jobs, vs. expected gain of 706K.
Unemployment at 5.9%, up by 0.1
U6 unemployment at 9.8%, down by 0.4
Labor force participation 61.6%, unchanged
Wages up 0.3% for the month, 3.6% year over year
May jobs revised up by +24K to +583K
April revised up by +12K to +278K
LABU Put Close / TQQQ Put
#shortputs
$LABU BTC 7/2 72 put at .30. STO at 1.75. Thank you @fuzzballl
$TQQQ STO 7/30 105 put at 2.33. Joining the #TakeOneForTheTeam. Thanks @fuzzballl
TAN,
STO July 16, 85 puts at 1.50
VXX Put Rolls
Bought to Close VXX Jul 02 2021 29.0 Puts at $0.37. Sold last week @ 0.75
Sold o Open VXX Jul 09 2021 28.0 Puts at $0.48, a full point lower plus a 0.11 Credit.
#VXXContango
Hoping my 28.50 and 28.00 puts for tomorrow expire.
SPX trades
#SPX7dteLong Bought to Open $SPX July 7th 4290/4310-4320/4340 condors for 13.10, with SPX at 43167. Another new record for lowest price paid for this strategy.
COG
#FallingKnife trade that worked
Sold COG stock @ 18.01. Bought @ 15.75. Never was able to average down.
Probably out too early but I’ll take the gain.
SOXL
#ShortPuts – Adding again. C’mon Mr. Market you can get this one!
Sold SOXL AUG 20 2021 40.0 Put @ 3.10
SOXL
#ShortPuts – Adding.
Sold SOXL AUG 20 2021 37.0 Put @ 2.00
SOXL Put Close
#shortputs
$SOXL BTC 7/16 40 put at .20. STO at 2.05
TQQQ,
BTC July 2, 110 put at .05, sold at 3.08. I will not have internet for about 6 hours on Friday so just want to reduce risk early.
Options Bistro 