btc, 18 MAR 2022, 50 CALL @.56 /sold for 4.50
70 days to go will take profit and wait for next bump up.
edit
Daily Archives: Friday, January 7, 2022
OptionsExpiration
For the third week in a row all my short VXX Puts and Calls expired along with numerous re-writes against worthless old VXX long positions.
The pull back flipped my TQQQ risk from the call side to the put side so I’m looking for a NASDAQ bounceback next week.
Expired:
LABU 01/07/2022 50/42 Bear Call Spreads
LABU 01/07/2022 36.50 Covered Calls
RIVN 01/07/2022 180/107 Bear Call Spread
TLRY 01/07/2022 9.5 Covered Call
TNA 01/07/2022 110/90 Bear Call Spread
TNA 01/07/2022 90.0 Diagonal Call
TNA 01/07/2022 85.0 Diagonal Call
TNA 01/07/2022 84.0 Diagonal Calls
TQQQ 01/07/2022 190/171 Bear Call Spreads
TQQQ 01/07/2022 190/167 Bear Call Spread
TSLA 01/07/2022 1125.0 Diagonal Call
VXX 01/07/2022 17.0 Diagonal Puts
VXX 01/07/2022 17.5 Diagonal Puts
VXX 01/07/2022 19.0 Diagonal Calls
VXX 01/07/2022 19.5 Diagonal Calls
VXX 01/07/2022 30/20 Bear Call Spread
VXX 01/07/2022 31/20 Bear Call Spread
VXX 01/07/2022 32/20 Bear Call Spread
VXX 01/07/2022 33/20 Bear Call Spread
VXX 01/07/2022 34/20 Bear Call Spread
VXX 01/07/2022 48/20.5 Bear Call Spreads
VXX 01/07/2022 49/21 Bear Call Spreads
VXX 01/07/2022 50/21 Bear Call Spreads
VXX 01/07/2022 50/21.5 Bear Call Spread
LABU XLV Put Rolls
Last trades for this week
Rolled my LABU 32 Put to next week for a $0.59 Credit
Rolled down my XLV 136 Puts to next week’s 135.50 Puts for a $0.14 Credit and gained $0.50 on the short strike.
NFLX pre earnings
#JadeLizards – Playing for a little more downside selling outside the expected move on the put side. Pretty narrow window here. Earnings the following week.
Sold NFLX JAN 14 2022 510/535/540 Jade Lizard @ 5.10
VXX Puts
Looking to replace puts for this week that are just about to expire
Sold VXX 01/14/2022 17.0 Puts @ 0.07
Sold VXX 01/14/2022 17.5 Puts @ 0.15 and $0.16.
I’m long plenty of Jan 21st puts to hedge these.
#OnlySpreads
TQQQ Call Closed and Puts Rolled
Bought to close 1 TQQQ Jan 07 2022 153.0 Call at $0.01. Sold last Friday on a roll at $15.30
Rolled this week’s 153 puts down 2 points to next week’s 151 puts at $0.71 Credit
Rolled this week’s 152 puts down 3 points to next week’s 149 puts at $0.25 Credit
Rolled this week’s 151 puts down 4 points to next week’s 147 puts at $0.25 Credit
Rolled this week’s 150 puts down 5 points to next week’s 145 puts at $0.38 Credit
I have other TQQQ short calls that expire today too
SPX 1-dte
#SPX1dter Sold to Open $SPX Jan 10th 4585/4605-4760/4780 condors for 1.25, SPX at 4694, IV 10.3%, deltas -.06 +.06
Expected to expire: Jan 7th 4590/4610-4760/4780 condors, sold yesterday for 1.20.
A whole lota TSLA goin’ on
Bought to close TSLA 01/07/2022 885.0 Puts at $0.02
Closed both sides of my TSLA 880/1015 Diagonal Calendar Bull Put spread at a Credit of $1.75.
Sold this spread on Wednesday for a small Credit so a #WinWin as I had a gain on both sides of the spread.
Then I sold 1 TSLA Jan 14 2022 840.0 Diagonal Put at $1.60 against long Jan monthly Puts.
#OnlySpreads
TQQQ
STO February 18, 180/195/200 butterfly at.85
TSLA Call major rollup
Bought to close 1 TSLA Jan 07 2022 1,015.0 Diagonal Call at $8.87. Sold on a rollup last Friday at $65.31.
Sold to Open 1 TSLA Jan 14 2022 1,100.0 Call at $10.24.
A credit of $1.37 and a giant 85 Point jump in the short strike. The new strike is above today’s high of 1080.93.
My long Feb TSLA Call has now been more than paid for as we approach #Earnings in a couple of weeks.
#OnlySpreads
TQQQ,
STO February 25, 115 put at 5.31
TQQQ,
STO February 25, 95 put at 2.27
RIVN Put Rolldown
Bought to close RIVN Jan 07 2022 90.0 Diagonal Puts / Sold to Open RIVN Jan 14 2022 83.0 Puts at $0.05 Credit but a 7 point lower strike.
At least my RIVN Bear call spread will expire today
EWZ
#ShortPuts – Missed this one yesterday. Figuring this thing has to recover at some point. Gradually adding when I’m in the mood. LOL
Sold EWZ JAN 21 2022 31.0 Put @ 4.15
TQQQ,
BTC January 7, 115 put at .01, sold at 2.80
ROKU
#ShortPuts – Popping out of a squeeze to the downside. Not sure how far it’ll go but I’ll take a shot. Two weeks before earnings and outside the expected move. This would get the stock at about 70 percent off the highs.
Sold ROKU FEB 4 2022 145.0 Put @ 2.75
TQQQ
#ShortPuts – First one in this expiration.
Sold TQQQ FEB 25 2022 115.0 Put @ 5.35
KWEB SOXL TSLA
#ShortPuts #JadeLizards – A liitle bit of everything.
KWEB: Covered rolling.
Rolled KWEB JAN 7 2022 32.42 Call to JAN 21 2022 32.42 Call @ .25 credit
SOXL: Filling out the ladder more aggressively. Double dip on some of these. #TakeOneForTheTeam possibility?
Sold SOXL JAN 28 2022 60.0 Put @ 3.80
Sold SOXL FEB 11 2022 55.0 Put @ 3.50
Sold SOXL FEB 25 2022 55.0 Puts @ 4.75 and 5.25
TSLA: Taking a shot on a little more downside…week before earnings.
Sold TSLA JAN 21 2022 860/1050/1060 Jade Lizard @ 10.10
GPN stock
Sold my oldest and highest cost lot of GPN at $153.57.
Bought it back on October 12th at $149.75, and 3 more times after that.
Former #FallingKnife
Closing DIS
Taking this off a couple of months early. Bought to close March 18 115 puts @ .35. Sold for 2.04 on 12/3.
VXX Calls
Starting in on next week’s writes
Sold VXX Jan 14 2022 21.0 Diagonal Calls at $0.63 and at $0.74
#OnlySpreads
TSLA Call Rollup
Bought to close 1 TSLA Jan 07 2022 940.0 Diagonal Call at $103.31. Sold last week on a roll at $127.45.
Sold to Open 1 TSLA Jan 14 2022 950.0 Call at $103.33 for a tiny credit but bumped the short strike 10 points.
Still waiting to see how my TSLA 1015.0 short Straddle works out today.
HUM Stock
Started tiny a new position in Humana at yesterday’s panic low (and new 52-week low) of $358.28
SPX trades
#SPX5dte Sold to close $SPX Jan 10th 4770/4750 put spreads for 17.40. Condors bought Tuesday for 16.20. Saving call spreads for any possible run up we get into Monday.
LABU Put Rolldown
Bought to Close LABU Jan 07 2022 35.0 Puts / Sold to Open LABU Jan 14 2022 34.0 Puts at $0.05 Credit and lowered the strike a point.
TNA Put Rolldowns
Bought to close 1 TNA Jan 07 2022 84.0 Put / Sold to Open 1 TNA Jan 14 2022 81.0 Put at $0.02 Credit but lowered the strike 3 points
Bought to close 1 TNA Jan 07 2022 86.0 Put / Sold to Open 1 TNA Jan 14 2022 84.0 Put at $0.02 Credit but lowered the strike 2 points
TQQQ Call Rollup
Bought to close 1 TQQQ Jan 07 2022 140.0 Call at $9.00. Sold last week on a roll at $33.17.
Replaced it with 1 TQQQ Jan 14 2022 143.0 Call at $9.44 for a $0.44 Credit and a 3 point better short strike.
TQQQ,
BTC January 14, 130 put at 1.10, sold at 3.10,just want to take some risk off the table.
December Jobs Report
#Jobs — Below expectations again; both measures of UE down again; upward revisions of past months again.
Gain of +199,000 non-farm payroll jobs, vs. expected gain of 422K.
Unemployment at 3.9%, down by 0.3 (vs. 4.1 estimate)
U6 unemployment at 7.3%, down by 0.5
Labor force participation 61.9%, up by 0.1
Average hourly earnings up 0.6%
October jobs revised up by +102K to +648K
November jobs revised up by +39K to +249K
Options Bistro 