BTO $SPX Nov-15-21/Nov-12-21 4550 Put Calendar @3.35.
just filled, a theta trade with some bias.
Daily Archives: Wednesday, November 10, 2021
TNA early Rollup
The market seems to have stabilized about 2:45.
Doing another early roll while it is still down
Bought to close TNA Nov 12 2021 98.0 Calls at $6.68. Sold last week on a roll at $14.75
Sold to Open TNA Nov 19 2021 100.0 Calls at $6.73
VXX adding
#VXXGame My only trade going other than SPX: Bought more $VXX June 2022 10 puts for .30. Adds to the position, now at 0.323 average price. Also have January 2023 10 puts purchased for avg 1.008.
TQQQ
STO Dec23 130 put (19 delta) for 4.50. Looking to add at lower strikes on further weakness.
TQQQ early Rollup
Another one while the market is down
Bought to Close 1 TQQQ Nov 12 2021 147.0 Call at $13.00. Sold last week on a roll at $25.20
Sold to Open 1 TQQQ Nov 19 2021 149.0 Call at $13.05.
PENN Stock
Started a tiny new position in PENN at $56.00.
#SP500 #FallingKnife at a new low
VXX
Hoping for ‘Volmageddon 2.0’ but until then I’m rolling Puts down
Bought to close VXX Nov 12 2021 25.0 Puts at $3.32. Sold last week on a roll at $4.60.
Sold to Open VXX Nov 19 2021 24.5 Puts at $3.34
ARKK SOXL TSLA
#ShortPuts – A few orders getting hit today.
ARKK: Small add.
Sold ARKK DEC 17 2021 105.0 Put @ 2.10
SOXL: Replacing some closed yesterday.
Sold SOXL NOV 26 2021 55.0 Put @ 2.40
Sold SOXL DEC 3 2021 55.0 Put @ 2.70
Sold SOXL DEC 23 2021 50.0 Put @ 2.77
TSLA: Closed on the big morning bounce.
Bought to Close TSLA NOV 19 2021 675.0 Put @ .90 (sold for 5.15)
LABU Puts
Sold LABU Nov 12 2021 54.0 Puts at $0.74. Paired with short calls for this week at 60 and above.
VXX Calls
Bought to Close VXX Nov 12 2021 24.5 Calls at $0.17. Sold these just yesterday at $0.19 and $0.20.
Sold to Open VXX Nov 19 2021 25.0 Calls at $0.57 with the strike $0.50 higher and a Net Credit of $0.40 extra cash
LABU
STO LABU Nov26’21 50 PUT @1.60
TQQQ Puts
Scalp Trade
Sold TQQQ Nov 12 2021 147.0 Puts @ 0.25
TQQQ Early Call rollup
Bought to close 1 TQQQ Nov 12 2021 156.0 Call at $7.55. Sold last week on a roll at $11.75
Sold to Open 1 TQQQ Nov 19 2021 159.0 Call at $7.70
CAH buy write
Bought stock at 49.81 and STO Jan2022 55 call for .75. Capturing some dividend (ex-div 12/31) from this 3.9% yielder. The stock is at the lower end of a 2 year long basing channel. Plan on adding some on any weakness prior to ex-div.
SPX trades
#SPX5dte Sold to close $SPX Nov 10th 4680/4700 call spreads for 5.50. Puts sold yesterday for 3.50, so 9.00, and loss of 6.45 total.
MRNA
STO Dec 200 put for 6.80. Hoping to see some support at the June breakout level.
VXX Early Put rolldown
The VIX quickly gave up most of yesterday’s gain this morning so rolling my largest short Put position down for a small credit to next week. Market declines only last a day anyway it seems.
Bought to close VXX Nov 12 2021 23.0 Puts at $2.04. Sold last week at $3.63 on another roll.
Sold to Open VXX Nov 19 2021 22.5 Puts at $2.09
Options Bistro 