MARKETS

Bloomberg notes, the S&P 500 hasn’t dipped below its 200-day moving average on an intraday basis at all this year, a feat that has only happened four other times since 1981.

2021-12-30_12-10-30

SPX put calendar

Closed 1/3 of 4750 put calendar after the bell @4.4.

initially opened at 3.9, and added a few at 2.95

TQQQ Put Scalp

Sold TQQQ Dec 31 2021 163.0 Puts at $0.32.
Expires tomorrow

SPX trades

#SPX1dte Sold to Open $SPX Dec 31st 4730/4750-4835/4855 condor for 1.20, SPX at 4792, IV 9.9%, deltas -.12, +.06. Aggressive on the put side, although I’m not liking the drop a few seconds after the trade filled.

#SPX5dte Earlier: Bought to Open $SPX Jan 5th 4775/4795-4805/4825 condors for 15.40, with SPX at 4799.

SOXL

#ShortPuts – This should stir things up a little.

Sold SOXL JAN 7 2022 67.5 Put @ 2.00
Sold SOXL FEB 4 2022 58.0 Put @ 2.60
Sold SOXL FEB 18 2022 55.0 Put @ 2.95

SOXL

#shortputs
sto, 7 JAN 2022 58 PUT @.21

.33% ROR/for week/alleged year return 17.5%

LABU NVDA TSLA

#ShortPuts – A few today.

LABU: Revenge trades.
Bought to Close LABU DEC 31 2021 36.0 Put @ .15 (sold for 1.41)
Bought to Close LABU DEC 31 2021 37.0 Put @ .30 (sold for 1.70)
Bought to Close LABU DEC 31 2021 38.0 Put @ .50 (sold for 2.10)

NVDA: Taking over 80 percent 3 weeks early.
Bought to Close NVDA JAN 21 2022 240.0 Put @ .76 (sold for 4.00)

TSLA: Selling the 200 day the week before earnings.
Sold TSLA JAN 21 2022 800.0 Put @ 3.54

TSLA

Tesla Recalls More Than 475,000 US Vehicles Due To Quality Issues

The massive number of vehicles being recalled represents about 25% of all Tesla vehicles manufactured since the company’s inception.

I’m hoping the news holds the stock down for at least the next 2 days.

#onlyspreads