Gas prices have gotten all the headlines since Nov but wait until the heating bills hit. BOIL up 265% off the lows. No position for me…yet.
https://bit.ly/3la5doD
Daily Archives: Wednesday, September 8, 2021
SPX trades
#SPX7dteLong Bought to Open $SPX Sep 13th 4485/4505-4515/4535 condors for 14.70, with SPX at 4511.
Today’s 4535/4555 call spread will expire worthless, leaving me only with the 8.00 credit I got for the put side yesterday. Bought for 14.55 last Thursday so 6.55 loss.
#SPX1dte Expected to expire worthless: $SPX Sep 8th 4460/4480-4550/4570 condors, sold yesterday for 1.30.
ABBV Oct
Sold to open $ABBV Oct 15 105 puts @ 1.62. Looks like the low from last week’s selloff could hold with the stock bouncing today. If assigned at 105, dividend yield will be around 5%.
VXX Calls
Sold VXX Sep 10 2021 28.5 Covered Calls at $0.27.
I will add if given the chance at a higher price.
COUP earnings
#ShortPuts – Might reload lower and further out.
Bought to Close COUP SEP 17 2021 240.0 Put @ 1.90 (sold for 3.80)
SOXL,
STO October 15, 35 put at 1.20
ALB Put Close
#shortputs
$ALB BTC 9/17 220 put at 1.00. STO at 8.00
SOXL
#ShortPuts – Adding.
Sold SOXL OCT 15 2021 39.0 Put @ 2.05
LABU Puts
Sold LABU Sep 10 2021 58.5 Puts at $0.35
Paired with a number of short Calls for this week.
Rolling DOCU
Rolled $DOCU 9/17 325/335 bear call spread down to 290/300 for 2.60 credit, to create an iron fly with the 290/280 bull put spread. Total premium taken in 5.40.
COG
Back out of this stock after exiting it at 18.33.
Bought a bit at a new low of 14.68 on Aug 19th and I was never able to average down.
This is my 2nd successful swing trade of this former #Fallingknife
COUP,
BTC September 17, 240 put at 1.95,sold at 4.10 yesterday. Hat tip to Fuzzball for the idea.
SOXL
#ShortPuts – Adding.
Sold SOXL OCT 15 2021 41.0 Put @ 2.10
COUP post earnings
#ShortPuts – Replacing some stock getting called away this week.
Sold COUP OCT 8 2021 230.0 Put @ 4.00
COIN Put
Sold 1 COIN Sep 10 2021 247.5 Diagonal Put at $1.82.
Paired with the COIN 275.0 Call I rolled up to last week at $8.10 for a 247.5/275.0 Strangle with a total Credit of $9.92
https://www.zerohedge.com/crypto/bitcoin-shaken-after-coinbase-ceo-slams-sec-engaging-intimidation-tactics-behind-closed
Options Bistro 