Merry Christmas

Thank everyone for all the presents you deliver every day. Especially to @jeffcp66 who makes it all possible.
Stay healthy.

Christmas Scene

Merry Christmas everyone

Merry Christmas everyone

TQQQ Call Rollups

Bought to Close 1 TQQQ Dec 23 2021 160.0 Call / Sold to Open 1 TQQQ Dec 31 2021 163.0 Call at $0.07 Credit.
Bought to Close 1 TQQQ Dec 23 2021 162.0 Call / Sold to Open 1 TQQQ Dec 31 2021 165.0 Call at $0.47 Credit.
Bought to Close 1 TQQQ Dec 23 2021 162.0 Call / Sold to Open 1 TQQQ Dec 31 2021 166.0 Call at $0.05 Credit.
Done for today.

TNA Calls Rolled up.

Almost finished for today
Bought to Close 1 TNA Dec 23 2021 82.0 Call / Sold to Open 1 TNA Dec 31 2021 85.0 Call at $0.02 Credit
Bought to Close 1 TNA Dec 23 2021 81.0 Call / Sold to Open 1 TNA Dec 31 2021 83.0 Call at $0.38 Credit
Bought to Close TNA Dec 23 2021 80.0 Calls / Sold to Open TNA Dec 31 2021 82.0 Calls at $0.02 Credit

LABU Calls Rolled up

Bought to Close LABU Dec 23 2021 41.0 Calls at $1.67. Sold last Friday at $1.75 so a tiny gain.
Sold to Open LABU Dec 31 2021 44.0 Calls at $1.72 to replace them

Bought to close 1 LABU 1 Dec 23 2021 42.0 Call at $0.60. Sold on Monday at $1.45
Sold to Open 1 LABU Dec 31 2021 45.0 Call at $1.25 and create a 45 strangle with the put I rolled down to earlier.

LABU Puts Closed

Didn’t expect this last Friday.
Bought to close LABU Dec 23 2021 42.0 Puts at $0.05. They won’t trade any lower.
Sold last Friday at $4.08 on a rolldown.

TQQQ,

STO March 18, 85 put at 2.32

TQQQ

STO February 18, 125 put at 4.65

ARKK

#CoveredCalls – Last one today.

Bought to Close ARKK DEC 23 2021 100.0 Calls @ .08 (sold for 1.18)
Sold ARKK DEC 31 2021 99.0 Calls @ 2.21

#coveredecalls

Closing DOCU

Bought to close $DOCU Jan 21 130/120 bull put spread @ .67. Sold for 3.21 on 12/3. Don’t want to wait a month for the last 20%.

SOXL

#shortputs

21 JAN 2022 47.67 PUT @.75/sold for 2.05
29 days left

XBI

#ShortPuts – Never got a chance to add to the starter. Runing up to resistance so taking 80 percent 30 days early.

Bought to Close XBI JAN 21 2022 100.0 Put @ .40 (sold for 2.10)

Santa Claus rally hath commenced

SOXL TQQQ

#ShortPuts – When I sold these so far out in time the plan was to scalp if the chance came along. I’ll do that since there’s plenty of time to reload out in Feb on any weakness.

SOXL:
Bought to Close SOXL FEB 18 2022 45.0 Put @ 1.60 (sold for 3.90)
Bought to Close SOXL FEB 18 2022 50.0 Put @ 2.35 (sold for 5.70)

TQQQ:
Bought to Close TQQQ FEB 18 2022 105.0 Put @ 2.50 (sold for 6.10)

TQQQ,

BTC December 23, 110 put at .01, sold at 1.12

EWZ

#ShortPuts – Getting this one back up to size.

Sold EWZ JAN 21 2022 28.0 Puts @ 1.18
Sold EWZ JAN 21 2022 29.0 Puts @ 1.80
Sold EWZ JAN 21 2022 30.0 Put @ 2.56

NVDA

#ShortPuts – Wild ride in this one.

Bought to Close NVDA DEC 31 2021 275.0 Put @ 1.05 (sold for 3.05)

TSLA

#JadeLizards – Big rally. Will look to get back in on any weakness.

Bought to Close TSLA Jan 21 2022 650/1020/1025 Jade Lizard @ 3.74 (sold for 6.20)

ROKU

#ShortPuts #JadeLizards – Jade Lizard will go away today with a loss of 3.60. I sold the call spread side very aggressively in the money and wide enough where there was some upside risk. Main thing was to help if ROKU continued dropping. Stock recovered so reloading the short put side.

This is similar to why I sometimes sell covered calls below my stock basis to get max downside protection. By the time the stock recovers it’s probably a good time to load up the short put side again to make it up if you get whipsawed. Seems like I get back to even much quicker this way instead of selling less aggressive calls each week.

ROKU DEC 23 2021 195.0/210.0/215.0 Jade Lizard (goes away @ 15 debit and sold for 11.40)

Replaced with:

Sold ROKU JAN 7 2022 215.0 Put @ 5.25

EDIT: Just to clarify that Jade Lizard is 195/210 BeCS and 215 short put…

EDIT EDIT: Is a Jade Lizard with upside risk really a Jade Lizard? LOL!

LABU – new diagonal Call spread

Bought to Open 1 LABU Jan 21 2022 50.0 Call / Sold to Open 1 LABU Dec 31 2021 42.0 Call at $0.15 Credit.
To partially offset the short put risk for next week.

KOLD

Legged into this one.
Sold to open KOLD Jan 21 2022 10.0 Put at $0.90 yesterday.
Bought to open KOLD Aug 19 2022 6.0 Put at $0.50 today.
Pretty good ROI on the spread requirements for the first month.
If Nat gas spikes and KOLD tanks, I can always roll the short down at the January expiration.

SOXL SPXL SPY TQQQ

#ShortPuts – Taking a little off here…70 percent or more of max with a lot of time left on some of these.

SOXL:
Bought to Close SOXL DEC 31 2021 55.0 Put @ .24 (sold for 3.60)
Bought to Close SOXL DEC 31 2021 57.5 Put @ .40 (sold for 3.40)

SPXL:
Bought to Close SPXL JAN 21 2022 105.0 Put @ 1.00 (sold for 3.50)

SPY:
Bought to Close SPY JAN 21 2022 420.0 Put @ 1.00 (sold for 3.75)

TQQQ:
Bought to Close TQQQ DEC 31 2021 130.0 Put @ .24 (sold for 3.50)
Bought to Close TQQQ DEC 31 2021 140.0 Put @ .49 (sold for 2.45)

TSLA – New Short Calendar Iron Condor Spread

Bought to Open 1 Contract TSLA Jan 21 2022 710.0 Put / Sold to Open 1 TSLA Dec 31 2021 885.0 Put at $0.03 Credit for the first week. I expect several re-writes.
Paired with this new call spread
Bought 1 TSLA Feb 18 2022 1,200 Call / Sold to Open TSLA Dec 31 2021 1,000 Call at $3.50 Net Credit.
The long call has enough life that I should get multiple re-writes.

The result is 885 / 1000 short strangle for the coming week with an initial total short premium of $5,535

TQQQ Puts

Sold to Open TQQQ Dec 31 2021 140.0 Diagonal Puts at $0.50 for next week.

LABU TNA Put Rolldowns

Bought to Close 1 LABU Dec 23 2021 46.0 Put at $5.50. Sold last week on a roll at $13.39.
Sold to Open 1 LABU Dec 31 2021 45.0 Put at $0.25 Debit but gained a point on the strike.
(I hate rolling down when it costs me cash but there is no 46.0 put for next week.)

Bought to Close 1 TNA Dec 23 2021 89.0 Put at $5.80. Sold last week on a rolldown at $13.78.
Sold to Open 1 TNA Dec 31 2021 88.0 Put at $0.16 Credit and gained a point on the strike.

SOXL

#shortputs

btc, 31 DEC 2021 55 PUT @.24 /sold for 3.60
btc,31 DEC 2021 48 PUT @.08/sold for 1.80

TQQQ TSLA Call Rollups and Rollouts

Bought to Close 1 TSLA Dec 23 2021 930.0 Call / Sold to Open 1 TSLA Dec 31 2021 940.0 Call at $0.05 Credit. Gained another 10 points on the short strike.

Bought to Close 1 TQQQ Dec 23 2021 140.0 Call / Sold to Open 1 TQQQ Dec 31 2021 140.0 Call at $0.20 Credit
Bought to Close 1 TQQQ Dec 23 2021 151.0 Call / Sold to Open 1 TQQQ Dec 31 2021 152.5 Call at $0.15 Credit