$SPY Seeing what looks like the completion of a head & shoulder on the daily. Be careful out there.
Daily Archives: Thursday, January 13, 2022
VIX,
It does not seem it is doing much as an indicator these days.
AMZN 1/28
Speculative trade/small position. Sold to open $AMZN Jan 28 3090/3080 bull put spread @ 1.80. Strikes are below the big flush/intraday low on 1/10. Expiration is prior to earnings.
SPX 1dte
#SPX1dte Sold to Open $SPX Jan 14th 4560/4580-4745/4765 condors for 1.20, SPX at 4673, deltas -.07 +.06, IV 16%.
VXX Calls
New Diagonal for next week
Bought VXX Feb 18 2022 40.0 Calls at $0.40
Sold VXX Jan 21 2022 20.5 Calls at $0.44
VXX approaching 18.40
Short DTE = 8
Long DTE = 36
SOXL
T Stock
Here’s one #FallingKnife stock that I actually bought 6 times as it fell from to $25.83 to $22.50.
Wasn’t too worried because of the low forward P/E and the generous dividend.
Selling off the first lot today at $27.00. (and it just went Ex-div on Jan 07, 2022)
Next sale attempt at 28.00, just above the falling 200-day moving average.
Former #FallingKnife
SOXL
#ShortPuts – Scalped this expiration once and now jumping back in.
Sold SOXL FEB 25 2022 50.0 Put @ 2.70
Sold SOXL FEB 25 2022 55.0 Put @ 4.00
VXX Calls
Wrote against my last long VXX Calls
Sold VXX Jan 14 2022 18.5 Call at $0.25 and $0.26
TQQQ Call Rollup
Bought to close TQQQ Jan 14 2022 71.5 Calls / Sold to Open TQQQ Jan 21 2022 73.0 Calls at $0.05 Net Credit
Edit: I may have been early … again
EWZ
#ShortPuts – Taking a little off the table. Still holding some for next week.
Bought to Close EWZ JAN 21 2022 28.0 Puts @ .22 (sold for 1.18)
Bought to Close EWZ JAN 21 2022 29.0 Puts @ .58 (sold for 1.80)
Rolled EWZ JAN 21 2022 33.0 Puts to EWZ FEB 18 2022 33.0 Puts @ .05 credit (4.10 total now)
TQQQ
#ShortPuts – Taking this now since it was an extra trade in this week outside the normal ladder. Pre split prices.
Bought to Close TQQQ JAN 14 2022 145.0 Put @ .86 (sold for 2.65)
ARKK
#CoveredCalls – Another round.
Bought to Close ARKK JAN 14 2022 89.22 Calls @ .05 (sold for 1.35)
Sold ARKK JAN 21 2022 85.22 Calls @ 1.44
TQQQ
#ShortPuts – Plenty of time to sell this one again. Pre split numbers.
Bought to Close TQQQ FEB 25 2022 115.0 Put @ 3.16 (sold for 5.35)
TQQQ,
BTC January 14, 105 puts, now the 52.5 puts at .01, sold at 1.25 or .625 cents.
Options Bistro 