Sold a few VXX Jan 07 2022 17.0 Puts @ 0.08.
Will be watching these for further writes as the price rises.
I’ve got a huge bunch of LONG VXX1 (pre-split) Jan 21 2022 6.0 Puts that are currently in the money and have to be unloaded over the next 2 weeks, so I’m not too worried about the chance to write against them 1 more time.
Daily Archives: Monday, January 3, 2022
LCID LABU Call
#coveredcalls
$LCID STO 1/7 45 call at .46
$LABU STO 1/7 41.50 call at .65
SPX trades
#SPX5dte Bought to Open $SPX Jan 7th 4760/4780-4790/4810 condors for 15.95, with SPX at 4783.
It’s getting KOLD again
Bought another KOLD Aug 19 2022 6.0 Put at $0.50.
Sold another KOLD Jan 21 2022 11.0 Put at $0.70.
Created another Bull Calendar Put spread with a $0.20 Credit.
Long DTE = 228
Short DTE = 18
NIO EXAS RCL TAN Call / TQQQ TSLA NVDA Put Close / TSLA ADBE BUPS Close
#coveredcalls
$NIO STO 1/7 36 call at .35
$EXAS STO 1/21 90 call at 1.65
$RCL STO 1/7 85 call at .60
$TAN STO 1/7 81 call at .45
#shortputs
$TQQQ BTC 1/14 105 put at .10. STO at 1.35.
$TQQQ BTC 1/21 125 put at .60. STO at 5.15.
$TQQQ BTC 1/21 90 put at .10. STO at 1.30 . Thank you @jsd501
$TQQQ BTC 1/21 125 put at .05. STO at 4.75 .
$TSLA BTC 1/21 630 put at .60. STO at 4.10.
$NVDA BTC 1/21 235 put at .55. STO at 3.95. Thank you @fuzzballl
#bups
$TSLA BTC 1/21 840/890 BUPS at 1.20. STO at 11.98 on 11/23
$TSLA BTC 1/21 820/875 BUPS at 1.00. STO at 18.83 on 12/21
$ADBE BTC 1/21 505/525 BUPS at 1.20. STO at 4.00 on 12/16 Thank you @ramie77
TQQQ,
STO January 28. 125 put at 1.20
SVXY
#ShortPuts – This experiment was a success. Markets not that great but at least tradable.
Bought to Close SVXY JAN 21 2022 48.0 Put @ .32 (sold for 2.00)
Bought to Close SVXY JAN 21 2022 50.0 Put @ .41 (sold for 1.90)
SOXL
#ShortPuts – That didn’t work…so much for stirring things up. LOL
Bought to Close SOXL JAN 7 2022 67.5 Put @ .85 (sold for 2.00)
ROKU
#ShortPuts – Happy to take this. 3.60 of it was a repair trade and everything else profit.
Bought to Close ROKU JAN 7 2022 215.0 Put @ 1.00 (sold for 5.25)
Closing ADBE
Bought to close $ADBE Jan 21 525/505 bull put spread @ 1.50. Sold for 4.15 on 12/16
SOXL TQQQ
#ShortPuts – Taking a few off if they’re over 80 percent with at least 3 weeks still to run.
Bought to Close SOXL JAN 14 2022 55.0 Put @ .34 (sold for 2.70)
Bought to Close SOXL JAN 14 2022 57.5 Put @ .50 (sold for 3.00)
Bought to Close SOXL JAN 21 2022 53.0 Put @ .57 (sold for 3.80)
Bought to Close SOXL JAN 21 2022 55.0 Put @ .70 (sold for 3.20)
Bought to Close SOXL JAN 28 2022 50.0 Put @ .67 (sold for 3.80)
Bought to Close TQQQ JAN 14 2022 130.0 Put @ .33 (sold for 3.25)
Bought to Close TQQQ JAN 21 2022 125.0 Put @ .60 (sold for 3.75)
LABU Calls
Sold LABU Jan 07 2022 42.0 Diagonal Calls at $0.65, replacing similar calls that expired Friday.
#OnlySpreads
CCL NCLH
Apparently, nobody cares about the CDC warning on cruise lines anymore
CCL up 6%
NCLH up 5%
VXX Strangles
Sold VXX Jan 07 2022 20.0 Diagonal Calls at $0.23
Sold VXX Jan 07 2022 20.5 Diagonal Calls at $0.16
Sold VXX Jan 07 2022 17.5 Diagonal Puts at $0.16 and $0.17
Ancient VXX1 Puts closed
Sold to close VXX1(pre-split) Jan 21 2022 7.0 Puts at $2.55, a new contract high since the split. They are rapidly approaching expiration.
Bought these back in June 2020(yes 2020, not 2021) at $0.67 as the long side of a #VXXContango spread. They were free after the first week.
#VXXContango at work.
Tidbits from Twitter
$SVXY (-0.5x VIX) returned 49% in 2021. 8% was due to lower $VX futures; 41% was due to rolls.
$VXX (+1x VIX) returned -72% in 2021. -16% was due to lower $VX futures; -56% was due to rolls.
IB Account in 2021
Good morning and best wishes for a successful year of investing in 2022.
Despite best efforts my covered call efforts failed to beat the SPX in 2021. I was ahead until Omicron impact in Nov/Dec. Made some money….but it would be nice to see the time and effort result in a return higher than the index. Maybe this year!
Options Bistro 