BF/B BROWN FORMAN CORP CLASS B

One more stock buy at the close – A tiny buy at $67
Goodbye September!
#SP500 #FallingKnife

Closing SPX

With the market weakness and SPX closing less than 30 points above the short strike, I’m closing this one out and taking a small loss. Bought to close $SPX Oct 1 4255/4280/4445/4470 iron condor @ 5.50. Sold for 4.40 yesterday.

Markets

Time to BTFD??
2021-09-30_9-14-51

SPX trades

#SPX7dteLong Bought to Open $SPX Oct 6th 4320/4340-4350/4370 condors for 17.90, with SPX at 4341

#spx1dte

AMC options have gone crazy

Sold AMC Oct 01 2021 75.0 Call at $0.47
Sold AMC Oct 01 2021 55.0 Call at $0.78
AMC is at 40 and peaked at 41.50 and these expire tomorrow 🙂

FDX Stock

Added to my tiny FDX stock position at $220.00 and at a new 52-week low.
Last week’s earnings report is still affecting the stock.
#SP500 #FallingKnife

Closing one of the SPX iron condors

Bought to close $SPX Sep 30 4255/4280/4435/4460 iron condor @ .20. Sold for 4.05 on 9/28

TQQQ,

Rolled the October 22, 110 put out to December 85 put for a credit of .60 cents.

TQQQ, BTC October 1, 95…

TQQQ, BTC October 1, 95 put at .05, sold at 1.15
TQQQ, BTC October 1, 105 put at .08sold at 2.41
The market seems to fade at the close every day so taking the risk off the table.

TQQQ Put Close / CRWD Roll Put

#shortputs
$TQQQ BTC 10/1 95 put at .05. STO at 1.10. Thank you @walter6871
$CRWD BTC 10/1 250 put and STO 10/8 247.50 put at 1.10 added credit. Taken in 5.50 and reduced basis by 2.50. Stock at 242.70. At breakeven now. fingerscrossed

MKC Stock

Bought a bit of MKC at a new low of 81.00.
Earnings just reported.
#SP500 #FallingKnife

TQQQ,

BTC October 1, 90 put at .02, sold at 1.55

PFE Call / UPST Call Roll

#coveredcalls
$PFE STO 10/1 44 call at .19
$PFE STO 10/8 44 call at .49
$UPST BTC 10/1 310 call and STO 10/15 320 call at cost of 1.40. Gain $10 if assigned. Stock at 319.80

SPX expiration

$SPX Sep 29 4285/4260 bull put spread expiring. Sold for 2.10 yesterday.

LABU Nov

Sold to open $LABU Nov 19 35 puts @ 1.20

SPX trades

#SPX7dteLong Sold to Close $SPX Oct 1st 4455/4475 call spreads for .70. Condors bought Monday for 15.25. Puts sold for 15.30. So .75 profit.

Expiring today worthless: Sep 29th 4470/4490 call spreads. Condors bought for 15.95 last Thursday. Put side sold for 9.20 on Monday, so 6.75 loss.

#spx1dte

SPX 3 day trade for Friday

Sold to open $SPX Oct 1 4255/4280/4445/4470 iron condor @ 4.40. Short strikes both 13 delta.

BIIB and TTWO

STC half of $TTWO Oct-15-21 155/Oct-01-21 155 Call Calendar @1.7, bought at 0.85.
Will roll the 2nd half or close it…

The BIIB calendar hasn’t been doing its work, showing 36% paper loss.

SPX

Rolled half of the SPX Oct-04-21 4400/Sep-29-21 4400 Call Calendar’s short leg to 9/30, for 8.65 credit, reducing the risk from 14 to 5.4

for the second half, looking for $12 on the roll, or when/if SPX gets to 4400.

EWZ

#ShortPuts – Low end of it’s range but leaving room to add on any more weakness.

Sold EWZ NOV 19 2021 32.0 Puts @ 1.66
Sold EWZ NOV 19 2021 31.0 Puts @ 1.27
Sold EWZ NOV 19 2021 30.0 Puts @ .95

SLV early assignment

Bought 100 SLV when 1 of my short 23 puts was assigned early.
Adjusted cost on the stock after put premium is about $21.18.

Of course a new 52-week low today at $19.83.
I’ll hold it and write covered calls on any rebound.

TQQQ early Call Rollup

Rolled half my position up.
Bought to close TQQQ Oct 01 2021 121.0 Call at $8.46. Sold last week for $17.05

Sold to Open 1 TQQQ Oct 08 2021 123.0 Call at $8.69.

Downside Warning is already back!

#VIXindicator

VXX Put

Bought another VXX Mar 18 2022 15.0 Put at $0.69
171 Days to expiration

SPY

#ShortPuts – Adding below the 200 day and outside the expected move.

Sold SPY NOV 19 2021 400.0 Put @ 4.46

SPX 2+ day trade

Sold to open $SPX Sep 30 (quarterlies, expires Thursday PM) 4255/4280/4435/4460 iron condor @ 4.05 with SPX around 4367. Short puts 17 delta, short calls 11 delta.

TQQQ,

STO October 29, 85 put at 1.20

VXX Calls

More sales
Sold VXX Oct 01 2021 28.0 Calls at $0.87
Sold VXX Oct 01 2021 29.0 Call at $0.85

SPX

BTO Oct-04-21 4400/Sep-29-21 4400 Call Calendar @ 14.05

two more opps to roll

T2108,

Anyone know where the Worden T2108 is at today?

SPX 1 day trade

Sold to open $SPX Sep 29 4285/4260 bull put spread @ 2.10 with SPX at 4360

SPX trades

#SPX7dteLong Sold to close $SPX Oct 1 4445/4425 put spreads for 15.30. Condors bought for 15.25 yesterday. This is a breakeven move, but I still hold the call spreads until Friday. So any meaningful bounce, even today, will give me profit.

#spx1dte

TQQQ Puts

Sold 1 TQQQ Oct 01 2021 119.0 Diagonal Put at $1.36
Sold 1 TQQQ Oct 01 2021 120.0 Diagonal Put at $1.58
#OnlySpreads

TQQQ ladder

Sold to open:
$TQQQ Oct 1 120 put @ 1.26
$TQQQ Oct 15 105 put @ 1.76
$TQQQ Oct 22 100 put @ 1.80
$TQQQ Oct 29 90 put @ 1.57
$TQQQ Nov 5 85 put @ 1.55

TQQQ,

BTC October 8, 105 put at 1.05 sold at 1.38
BTC October 15, 100 put at 1.30, sold at 1.48
Just want to reduce risk, it is possible we could go below 100

FDX MKTX

A couple of #SP500 stocks at fresh 52-week lows.
Added a small bit of FDX at $225 and MKTX at $409
#FallingKnife

SPY

#ShortPuts – Selling near the 200 day.

Sold SPY OCT 15 2021 415.0 Put @ 2.90

LABU Put

Sold 1 LABU Oct 01 2021 55.0 Diagonal Put at $0.81
#OnlySpreads

VXX Puts

Bought 1 VXX Mar 18 2022 15.0 Put at $0.73
Bought 1 VXX Mar 18 2022 14.0 Put at $0.50.
I will start writing against these when the VIX settles down again.
#VXXContango

This is what the DW is meant for…

….too bad it got canceled on Friday. This has been the Summer of Swings for the #VIXindicator.

SPX

BTO $SPX Oct-08-21 4325/4300/4250 BWB @ -3.25

SOXL

#ShortPuts – Starting a small ladder.

Sold SOXL OCT 22 2021 41.0 Put @ 2.05
Sold SOXL OCT 29 2021 40.5 Put @ 2.30
Sold SOXL NOV 5 2021 35.0 Puts @ 1.30

TQQQ Puts

Sold 1 TQQQ Oct 01 2021 128.0 Diagonal Put at $2.29
Sold 1 TQQQ Oct 01 2021 129.0 Diagonal Put at $2.22
Sold 2 TQQQ Oct 01 2021 120.0 Diagonal Puts at $0.62
Paired with short calls at 121 and 146 already in the account.

VXX Calls

Sold to Open some diagonal Calls replacing some that expired Friday:
VXX Oct 08 2021 34.0 Call at $0.38
VXX Oct 08 2021 33.0 Call at $0.40
VXX Oct 08 2021 32.0 Call at $0.51

UNG

LongPuts – Adding.

Bought UNG JAN 20 2023 10.0 Puts @ .80

UNG

#LongPuts – Taking a shot. Might eventually sell shorter term against them but waiting for now. Half position looking to add on any more big up moves.

Bought UNG JAN 20 2023 10.0 Puts @ .95

SPX

It may just be chopping around for a while.

STO $SPX Oct-15-21 (AM) 4300/4275/4525/4550 Iron Condor @ -8.35

Also STO two $SPX put ratio spreads, break even at 4240
Oct-25-21 4375/4325/4250/4100 @ -29
Oct-29-21 4375/4325/4225/4050 @ -34.25

#soxl sto 1 OCT 2021,…

#soxl
sto 1 OCT 2021, 44.5 PUT @.50

KOLD

My first trade in KOLD since 2016 when I was trading strike 180 puts (what a fool!)
This has a lot less risk and is mostly a placeholder so I can watch it.
Bought to Open 1 KOLD May 20 2022 4.0 Put at $0.89
Sold to Open 1 KOLD Oct 15 2021 8.0 Put at $1.09.
Pretty decent ROI in a retirement account until the Oct expiration too.
#OnlySpreads

TSLA Diagonal Call

First time in this since April. Staying small.
Bought to open 1 TSLA Dec 17 2021 1,000 at $9.79
Sold to Open 1 TSLA Oct 01 2021 800 Call at $10.50
Short DTE = 4
Long DTE = 81
#OnlySpreads

Nat Gas on the destruction path again

https://www.zerohedge.com/energy/natgas-chaos-takes-first-hedge-fund-victim

SQQQ

Sold 1 SQQQ Oct 08 2021 8.5 Covered Call at $0.15

TLRY Calls

Sold TLRY Oct 01 2021 12.5 Covered Calls at $0.18 and $0.22 replacing calls that expired Friday

SPX trades

#SPX7dteLong Sold to close $SPX Sep 29th 4460/4440 put spreads for 9.20. Still have the call side for two more days. Bought condors for 15.95 on Thursday.

#spx1dte

VXX Puts

New #VXXContango trade
Since I only have a few short puts left vs. dozens of long puts in 2022 and 2023, I’m venturing back in to this kind of trade
Bought VXX Nov 19 2o21 18.0 Puts/ Sold VXX Oct 01 2021 23.5 Puts @ $0.12 Credit
Short DTE = 4
Long DTE = 53

LABU Strangle

Sold 1 LABU Oct 01 2021 56.0 Diagonal Put at $0.82.
Sold 1 LABU Oct 01 2021 66 Diagonal Call at $1.52.
Total 56/66 Strangle premium of $2.34 for this week.
#OnlySpreads

TQQQ,

STO November 5, 85 put at 1.10

TNA Call

Sold 1 TNA 10/01/2021 94.0 Diagonal Call at $1.38

VXX Covered Call Ladder

Sold VXX 10/08/2021 32.0 Covered Calls at $0.36
Sold VXX 10/15/2021 35.0 Covered Calls at $0.56

Downside Warning canceled

#VIXindicator Another dud. This is becoming less reliable… need to find another signal to go with the $VIX highs that would indicate a more likely chance of downside follow through.

NVAX Call Roll / Expiration

#coveredcalls
$NVAX BTC 9/24 237.50 and STO 10/1 245 call at debit .40. Would gain $7.50 if called away. Stock at 248.16

#optionsexpiration
$PFE 44.5 call
$PFE 45 call
$BSX 45 call
$MSTR 615 call
$SNAP 73 put Thank you @jsd501
$MRVL 59 Put

OptionsExpiration

Exciting week, especially for VXX

==EXPIRED ==
AMC 09/24/2021 70/42 Bear Call Spread
AMC 09/24/2021 10/38 Bull Put Spread
AMC 09/24/2021 10/37 Bull Put Spread
AMC 09/24/2021 10/36 Bull Put Spread

LABU 09/24/2021 70/67 Bear Call Spread
LABU 09/24/2021 40/59 Bull Put Spread
LABU 09/24/2021 40/58 Bull Put Spread

SQQQ 09/24/2021 8.0 Covered Call

TLRY 09/24/2021 12.5 Diagonal Calls
TLRY 09/24/2021 12.5 Covered Calls
TLRY 09/24/2021 10/11 Bull Put Spread
TLRY 09/24/2021 10.5 Diagonal Puts

TNA 09/24/2021 105/92 Bear Call Spread
TNA 09/24/2021 91.0 Diagonal Call

TQQQ 09/24/2021 165/150 Bear Call Spread
TQQQ 09/24/2021 120.0 Diagonal Puts

VXX 09/24/2021 59/41 Bear Call Spread
VXX 09/24/2021 58/37 Bear Call Spreads
VXX 09/24/2021 58/36 Bear Call Spreads
VXX 09/24/2021 35.0 Diagonal Calls
VXX 09/24/2021 34.5 Diagonal Calls
VXX 09/24/2021 34.0 Diagonal Calls
VXX 09/24/2021 33.5 Covered Call
VXX 09/24/2021 33.0 Covered Call
VXX 09/24/2021 32.5 Covered Call
VXX 09/24/2021 30.0 Covered Call

AMC TLRY VXX

Today’s Options Covered:
AMC Sep 24 2021 41.0 Call at $0.01
TLRY Sep 24 2021 12.0 Calls at $0.01
VXX Sep 24 2021 25.0 Puts at $0.01
VXX Sep 24 2021 24.5 Puts at $0.01

LABU TNA TQQQ Call Rolls

LABU 09/24/2021 61.0 Diagonal Call to LABU 10/01/2021 64.0 Call for $0.78 Credit
TNA 09/24/2021 88.0 Diagonal Call to TNA 10/01/2021 92.0 Call for $0.56 Credit
TNA 09/24/2021 87.0 Diagonal Call to TNA 10/01/2012 90.0 Call for $0.49 Credit
TQQQ 09/24/2021 142.0 Diagonal Call to TQQQ 10/01/2021 146.0 Call for $1.11 Credit
TQQQ 09/24/2021 141.0 Diagonal Call to TQQQ 10/01/2021 146.0 Call for $0.59 Credit

SPX trades

#SPX1dte Sold to Open $SPX Sep 27th 4355/4375-4500/4520 condors for 1.20, SPX at 4458, IV 9.2%, deltas -.06 +.09

Expiring: Sep 24th 4355/4375-4495/4515 condors, sold yesterday for 1.05

#SPX7dteLong Expiring at max credit of 20.00: Sep 24th 4330/4350 call spreads. Condors bought Monday for 18.20.

TQQQ Put Close

#shortputs
$TQQQ BTC 10/1 90 put at .07. STO on 8/17 @ 1.55. Thank you @jsd501

SPX

scaling out $SPX Sep-27-21 4430/Sep-24-21 4430 Put Calendar @ 9.0, 31%

TQQQ,

STO November 5, 95 put at 1.53

TQQQ,

BTC September 24, 100 put at .01, sold at 1.94

TQQQ

#ShortPuts – Booking and adding.

Bought to Close TQQQ OCT 1 2021 110.0 Put @ .25 (sold for 2.25)

Sold TQQQ NOV 5 2021 105.0 Put @ 2.70
Sold TQQQ NOV 5 2021 110.0 Put @ 3.15

HOOD

#ShortPuts #BullPutSpreads – Should have closed these yesterday but never had time. Booking now and moving out a couple weeks with new ones.

Bought to Close HOOD OCT 1 2021 38.0 Puts @ .40 (sold for .93)
Bought to Close HOOD OCT 1 2021 39.0 Puts @ .25 (sold for 1.25)
Bought to Close HOOD OCT 1 2021 45.0/40.0 Bull Put Spreads @ 1.95 (sold for 3.42)

Sold HOOD OCT 15 2021 38.0 Puts @ .95
Sold HOOD OCT 15 2021 39.0 Puts @ 1.25
Sold HOOD OCT 15 2021 40.0 Puts @ 1.65
Sold HOOD OCT 15 2021 41.0 Puts @ 2.00

Closing SPX

Bought to close Sep 24 4295/4320/4475/4500 iron condor @ .85. Sold for 4.15 Wednesday. Taking it off this morning to avoid risking another Friday afternoon rally.

SPX trades

#SPX7dte Bought to Open $SPX 4440/4460-4470/4490 condors for 15.95, with SPX at 4465.

#SPX1dte Sold to Open $SPX 4355/4375-4495/4515 condors for 1.05, with SPX at 4448, IV 11.9%, deltas -.06 +.07

SPX

BTO SPX Sep-27-21 4430/Sep-24-21 4430 Put Calendar @ 6.7, play for a possible pause.

LW Stock

Bought a bit of LW at a fresh 52-week low of $60.00
#SP500 #FallingKnife

LW has confirmed that earnings will be announced 10/07/2021