MRVL LABU U Calls

#coveredcalls #syntheticcoveredcalls
$MRVL STO 12/17 93 call at .48
$LABU STO 12/17 38 call at 1.60
$U STO 12/17 call at 1.30

TSLA

900 seems a good level of support…

BOT 12/17 920/900/860 BWB @0.2 credit
BTO 12/23 900/880/850 BWB @0.47 credit

SPX

The highest option OI and volumes for both puts and calls expiring Friday are on 4700.

To play for a possible pin :
BOT 12/20 4700 calls, and sold 4700 calls expiring today (net cost $28) , on 12/15 ($12), and 12/17 ($3.5).

Separately, also rolled the short 4610 call to 12/15 4620, which is part of a diagonal with the Jan 4600 call.

Markets

I’ve been reading this guy for several years. Check it out.
http://charleshughsmith.blogspot.com/2021/12/get-in-crash-positions.html

SPY SVXY

#ShortPuts – A couple more.

SPY: Going in at the 200 day again.
Sold SPY JAN 21 2022 435.0 Put @ 3.50

SVXY: Traded it once this year for a winner. It survived the covid crash so it could be a decent trade again (in spite of our history with it).

Sold SVXY JAN 21 2022 50.0 Put @ 1.90

RIVN

BOT Dec-17-21 140/130/115/100 put ratio for @7.0, sold for 9.2 two weeks ago.

With how far it fell and ER on Friday, I’d rather just take the small profit and run.

TQQQ,

STO January 28, 125 put at 4.25

RIVN Call

Sold 1 RIVN Dec 17 2021 127.0 Call at $3.29
#DoubleDip write replacing a similar diagonal call that expired Friday.
#OnlySpreads

VXX Call Ladder

Replacing some that expired Friday
Sold VXX Dec 17 2021 25.5 Calls at $0.27
Sold VXX Dec 17 2021 25.0 Calls at $0.32 and $0.33
Sold VXX Dec 17 2021 24.5 Calls at $0.38
Sold VXX Dec 17 2021 24.0 Calls at $0.45
Sold VXX Dec 17 2021 23.5 Calls at $0.56
Sold VXX Dec 17 2021 23.0 Calls at $0.61, $0.62 and $0.67
Sold VXX Dec 17 2021 22.5 Calls at $0.80
All these strikes are above the highest strike puts that I’m short for this week.

Now fully paired up with all my short puts for this week.

#doubledip, #tripledip, #vxxcontango

SOXL

#ShortPuts – Small adds.

Sold SOXL JAN 7 2022 57.5 Put @ 2.70
Sold SOXL JAN 14 2022 55.0 Put @ 2.70
Sold SOXL JAN 21 2022 55.0 Put @ 3.20

EWZ FXI

#ShortPuts – Taking profits and reducing size. Still holding enough to keep my interest.

EWZ:
Bought to Close EWZ DEC 17 2021 29.0 Puts @ .56 (sold for 1.95)
Bought to Close EWZ DEC 17 2021 30.0 Puts @ 1.22 (sold for 2.34)
Bought to Close EWZ DEC 17 2021 31.0 Puts @ 2.11 (sold for 2.87)
Bought to Close EWZ DEC 17 2021 32.0 Puts @ 3.10 (sold for 3.58)

FXI:
Bought to Close FXI DEC 17 2021 39.0 Puts @ 1.23 (sold for 1.30)
Bought to Close FXI DEC 31 2021 38.0 Puts @ .90 (sold for .95)

SPX trades

#SPX5dte Sold to close $SPX Dec 13th 4685/4665 put spreads for 3.20. Looking for the afternoon bounce to collect on call side.

SOXL TQQQ

#ShortPuts – Replacing this week’s with fairly aggressive strikes. Come and get it Mr. Market.

Sold SOXL JAN 28 2022 55.0 Put @ 3.40

Sold TQQQ JAN 28 2022 130.0 Put @ 4.40

TQQQ,

STO January 14, 130 put at 3.10

Downside Warning canceled

#VIXIndicator Another brief and shallow correction in the books as we look poised to march higher.

TNA

From Friday:

Expired $TNA Dec-10-2020 85 #CoveredCalls

Probably will sell the stock.