IPGP – IPG Photonics Corp

Bought a tiny bit of IPGP at a new low of 156. It went a it lower after the open.
I’ll add at 150 if it gets there.
#SP500 #FallingKnife

LABU Put

Sold 1 LABU Oct 08 2021 50.0 Put at $1.55.
Replaces the short LABU 55.0 put from last week that I covered a a nickel.
#DoubleDip

AMC Puts

Sold AMC Oct 08 2021 33.0 Puts at $0.39.
Replacing the short AMC 36 puts that expired Friday.
I’ve got short calls at 29 and 30 that I’ve been rolling forward for weeks so not too worried about the downside.

VXX

Sold VXX Oct 08 2021 33.0 Calls at $0.35.
Took part of the cash and Bought 1 VXX Jan 21 2022 18.0 Put at $0.70
#VXXContango

AMZN put spread

Sold to open $AMZN Oct 29 2950/2940 bull put spread @ 1.78, short puts 22 delta. Earnings expected the following week.

Gartman indicator

https://www.zerohedge.com/markets/gartman-bull-market-has-ended-and-bear-market-has-begunin-earnest

You know what that means. Back the truck up and load up!

SPX

BTO Oct-08-21 4225/4200/4150 BWB @ -2.4
BTO Nov-05-21 4200/4150/4000/3800 put ratio spread @ -51.0

with 100% stop on both.

TQQQ,

STO November 19, 70 put at 1.45

FB

BTO FB 335 calendar 1.95.

Don’t know where it will be by Friday, but I like the IV skew and RR, a 50% retrace is impossible.

SPX trades

#SPX7dteLong Bought to Open $SPX Oct 8th 4270/4290-4300/4320 condors for 17.90, with SPX at 4292.

#spx1dte

TQQQ,

STO November 12, 75 put at 1.45

SPX 3 day trade

Sold $SPXW 10/6 4165/4190/4385/4410 iron condor @ 4.10. Short puts 12∆, short calls 11∆.

TQQQ additions

Sold to open:
$TQQQ Oct 22 90 put @ 1.35
$TQQQ Nov 19 70 put @ 1.40