Rolled AMC 08/06/2021 31.0 Diagonal Calls to AMC 08/13/2021 34.0 Calls @ 0.27 Credit Plus a 3 point improvement in the strike
Rolled COIN 08/06/2021 245.0 Diagonal Call to COIN 08/13/2021 255.0 Call @ 2.01 Credit Plus a 10 point improvement in the strike
Rolled COIN 08/06/2021 247.5 Diagonal Call to COIN 08/13/2021 267.5 Call @ 0.10 Credit Plus a 20 point improvement in the strike
Monthly Archives: August 2021
BYND earnings and post earnings
#JadeLizards #ShortPuts – Closing and opening.
Bought to Close BYND AUG 6 2021 110/120/123 Jade Lizards @ 1.00 (sold for 3.07)
Sold BYND SEP 17 2021 95.0 Puts @ 1.20
July Jobs report
#Jobs — July was another strong month, beating expectations
Gain of +943,000 non-farm payroll jobs, vs. expected gain of 845K.
Unemployment at 5.4%, down by 0.5
U6 unemployment at 9.2%, down by 0.6
Labor force participation 61.7%, up by 0.1
Wages up 0.4% for the month
June jobs revised up by +88K to +938K
May jobs revised up by +31K to +614K
BYND earnings
#JadeLizards – Just for fun. Playing for the expected move to the downside. No upside risk.
Sold BYND AUG 6 2021 110/120/123 Jade Lizards @ 3.07
SPX trades
#SPX7dteLong Bought to Open $SPX Aug 11th 4395/4415-4425/4445 condors for 15.05, with SPX ar 4419.
COUP
#BullPutSpreads – Seems to be trying to build a base. Taking a directional shot a couple weeks prior to earnings. Limited risk and still have the high IV of earnings to adjust into if needed.
Sold COUP AUG 27 2021 240.0/220.0 Bull Put Spread @ 14.25
SOXL
#ShortPuts – Adding. Come and get it. 🙂 🙂
Sold SOXL SEP 17 2021 41.0 Puts @ 2.30
ROKU post earnings
#ShortPuts – Taking half in a couple hours.
Bought to Close ROKU AUG 27 2021 330.0 Put @ 1.60 (sold for 3.60)
Bought to Close ROKU SEP 17 2021 325.0 Put @ 3.55 (sold for 6.30)
ROKU,
STO September 17, 325 put at 3.80, following Fuzzball.
LABU Put Roll / SPCE Put Close
#shortputs
$LABU BTC 8/6 62 put and STO 8/13 61 put at added credit of .45. Taken in $5.90 so far.
$LABU BTC 8/6 63 put and STO 8/13 61 put at even. Taken in $5.90 so far on this as well.
$SPCE BTC 8/6 31.5 put at 1.00. STO at 2,30. Thank you @fuzzballl
COIN long call closed
Sold to close 1 COIN Aug 13 2021 300.0 Call at $1.75.
This was an extra long position left over from an old diagonal spread from 2 weeks ago.
I’m fairly certain this would have expired next Friday.
I may try a new spread witb this as tbe short side.
AMC Puts
Sold AMC 08/13/2021 20.0 Puts @ $0.52.
Balancing out some short calls.
BAX FMC
Two #SP500 stocks hitting new yearly lows.
Bought a small bit of BAX at $84 and FMC at $95.
#FallingKnife
VXX Puts
Sold VXX Aug 13 2021 28.0 Diagonal Puts at $0.37.
My short Puts and short calls are now balanced out, at least until tomorrow’s expiration
ROKU post earnings
#ShortPuts – One in each account. Both at the expected move and below the 200 day.
Sold ROKU AUG 27 2021 330.0 Put @ 3.60
Sold ROKU SEP 17 2021 325.0 Put @ 6.30
HOOD
Weekly options now available up to 76
Monthly options now go to 170.
#spx #T Right at closing…
COIN
Sold 1 COIN Aug 06 2021 247.5 Diagonal Call at $2.53.
An added kicker to my last sale.
COIN up 13 points today
2DTE
SOXL,
BTC August 20, 25 puts at .05, sold at 1.43, nice to take the risk off early.
COIN
Sold 1 COIN Aug 06 2021 245.0 Diagonal Call at $1.66.
Paired with my short 210 Put for this week.
Total Strangle premium for this week at $2.51
AMC
Lowest price in several months today
Rolled 1 AMC 08/06/2021 23.0 Call to AMC 08/13/2021 24.0 Call at $0.05 Credit and added a point to the short strike.
Also sold 1 short 08/06/2021 25.0 Diagonal Put @ $0.38, adding to my position.
SPX trades
#SPX7dteLong Sold to close $SPX Aug 6th 4400/4380 put spreads for 5.70. Condors bought for 15.50 on Monday.
CPB
Bought a small bit of CPB at a new yearly low of $43
#FallingKnife
TQQQ
#ShortPuts – Keeping these on a short leash. Looking to load up Sep monthly on any weakness.
Bought to Close TQQQ AUG 20 2021 110.0 Put @ .75 (sold for 2.40)
Bought to Close TQQQ AUG 27 2021 100.0 Put @ .79 (sold for 2.10)
Bought to Close TQQQ AUG 27 2021 105.0 Put @ 1.03 (sold for 2.60)
Bought to Close TQQQ SEP 3 2021 95.0 Put @ .93 (sold for 2.10)
SPCE
#CoveredCalls – Last little scrap of 100 shares with no interest in getting stuck if it tanks on earnings. Taking small loss.
Sold SPCE Covered Stock @ 30.22 (basis 31.56)
SPX trades
#SPX7dteLong Bought to open Aug 9th $SPX 4390/4410-4420/4440 condors for 15.20, with SPX at 4415.
LVS Stock
Bought a small bit of LVS at $40.
New 52week low
#FallingKnife
VXX Puts
Sold VXX Aug 06 2021 28.5 Puts at $0.09.
Sold VXX Aug 13 2021 28.0 Puts at $0.27 & 0.32
Sold VXX Aug 13 2021 27.5 Puts at $0.17
Offsetting and paired up with some of the calls I’ve been selling.
COIN Put
Sold 1 COIN Aug 06 2021 210.0 Diagonal Put at $0.85
#OnlySpreads #DoubleDip
SOXL,
STO September 17, 35 put at 1.30
SOXL TQQQ
#ShortPuts – A few. SOXL starter and small adds to TQQQ.
Sold SOXL SEP 17 2021 40.0 Put @ 2.60
Sold TQQQ SEP 10 2021 105.0 Put @ 2.40
Sold TQQQ SEP 17 2021 97.5 Put @ 2.20
TAN,
STO August 20, 83 put at 1.10
VXX Calls
Sold VXX Aug 06 2021 34.0 Diagonal Calls at $0.52
Sold VXX Aug 06 2021 34.5 Diagonal Calls at $0.47
Sold VXX Aug 06 2021 35.0 Diagonal Calls at $0.36
#shortputsTQQQ Hi again, have not…
#shortputsTQQQ
Hi again, have not posted in a while as I have been concentrating on selling puts in TQQQ (and some LABU, TNA, SOXL.
Anyway, the TQQQ selling has been a success with about 100 trades over the past 5 months with about 9.25% gain.
Question… I’m not much of a “chartist” but it appears to me that TQQQ is in a classic pennant pattern; waiting for a breakout higher.
Your opinions are, as always, welcome.
Good luck to all
TQQQ Puts
Sold TQQQ Aug 06 2021 122.5 Diagonal Puts at $0.45
Pairs with the TQQQ Calls I sold yesterday
AMC Puts
Sold AMC Aug 06 2021 28.0 Diagonal Puts at $0.32
Sold AMC Aug 06 2021 26.0 Diagonal Puts at $0.21
Sold AMC Aug 06 2021 25.0 Diagonal Puts at $0.17
#OnlySpreads
CLX
Re-acquired a bit of CLX at $163 and $160 on the earnings drop after selling off my stock on July 8th around 187.
#FallingKnife at a new 52 week low
CPB LVS
2 SP500 Stocks set new yearly lows today
#FallingKnife
SOXL Put Close / TQQQ MRVL O Put / BX Call
#shortputs
$SOXL BTC 8/20 34 put at .30. STO at 1.85.
$SOXL BTC 8/20 40 put at .80. STO at 3.90
$SOXL BTC 8/20 39 put at .70. STO at 2.70. Thank you @fuzzballl
$TQQQ STO 12/17 65 put at 2.70. Thank you @jsd501
$MRVL STO 8/6 60 put at .45 and .39.
$MRVL STO 8/13 59 put at .56
$O STO 8/20 67.50 put at .35
#coveredcalls
$BX STO 8/6 119 call at .57. Sold against LEAPS
$T STO 8/13 28.50 call at .25
VXX Late trades
Sold VVX Aug 13 2021 33.5 Diagonal Calls at $1.29 and $1.35
#tqqq STO TQQQ 17 DEC…
STO TQQQ 17 DEC 65 PUT @2.75
following thanks jsd501
SPX trades
#SPX7dteLong Bought to Open $SPX Aug 6th 4380/4400-4410/4430 condors for 15.50, with SPX at 4398.
VXX Call Ladder
Sold VXX 08/13/2021 34.0 Covered Calls @ $1.04
Sold VXX 08/20/2021 38.0 Covered Calls @ $1.04
Sold VXX 08/27/2021 42.0 Covered Call @ $1.04
Sold VXX 09/03/2021 46.0 Covered Call @ $1.14
Sold VXX. 09/10/2021 50.0 Covered Call @ $1.14
Sold VXX 09/17/2021 54.0 Covered Call @ $1.14
TQQQ,
STO December 17, 65 put at 2.71
TLRY
Sold Aug 06 2021 16.0 Covered Calls @ 0.24 & 16.5 Covered Calls @ 0.19, replacing last week’s calls
TNA Call
Sold TNA Aug 06 2021 92.0 Diagonal Call @ $1.22 and 94.0 Diagonal Call at $1.03 replacing the calls that expired Friday
PINS
#CoveredCalls #ShortPuts – Covering and adding.
Sold PINS AUG 20 2021 62.5 Calls @ .95
Sold PINS AUG 20 2021 55.0 Puts @ 1.05
Options Bistro 