OptionsExpiration

Because of the weak market this week, mostly Calls expired and Puts had to be rolled. Short trading week next week.

Expired:
RIVN 90 Diagonal Call
RIVN 91 Diagonal Call
TLRY 10.50 Covered Calls
TNA 98/84 Bear Call Spread
TNA 82 Diagonal Call
TNA 81 Diagonal Call
TQQQ 95/80 Bear Call Spreads
TQQQ 79.50 Diagonal Calls
TQQQ 78.75 Diagonal Calls
TSLA 1,130 Diagonal Call
TSLA 840 Diagonal Put
TSLA 800 Diagonal Put
VXX 39/22 Bear Call Spreads
VXX 35/22 Bear Call Spread
VXX 21.5 Diagonal Calls
VXX 21.0 Diagonal Calls
VXX 20.0 Diagonal Calls
VXX 19.0 Diagonal Calls
VXX 18.50 Diagonal Calls – just barely
VXX 17.50 Diagonal Puts
VXX 17.00 Diagonal Puts
XVL 132.50 Diagonal Puts

SPX 1dte

#SPX1dte Sold to Open $SPX Jan 18th 4525/4545-4735/4755 condors for 1.70, SPX at 4658, IV 11.8%, deltas -.06 +.06

Expiring: 4560/4580-4745/4765 condors, sold yesterday for 1.20.

See y’all Tuesday.

New TSLA Call

Sold 1 TSLA Jan 21 2022 1150.0 Diagonal Call at $5.05.
Holding a long TSLA Feb 1200 call as a hedge.
#OnlySpreads

NFLX

That would not have been good for my Jade Lizard trying to squeeze max out of it. LOL. Not sure what the news was.

nflx

TSLA Call Closed

Bought to close 1 TSLA Jan 14 2022 1,100 Diagonal Call at $0.01.
Sold last Friday at $10.34 on a rollup from a Jan 07 2022 1015.0 Call.
Leaves a long Feb monthly Call unhedged and fully paid for.

XLV Puts rolled down again

Bought to close XLV Jan 14 2022 135.5 Puts/ Sold to Open XLV Jan 21 2022 135.0 Puts at $0.02 Credit and lowered the strike $0.50.
Sold these against March longs. Plenty of rolls left.

My short XLV 132.50 Puts will expire at least.

RIVN Puts Closed and Rolled

Bought to close 1 RIVN Jan 14 2022 75.0 Put at $0.01.
Sold on Monday at $2.36
This is at least a #TripleDip sale against a long Jan 65 put.

Rolled this week’s RIVN 83.0 Diagonal Puts to next week’s 80.0 puts for a $0.02 Credit.

My paired short diagonal Calls will expire.
#OnlySpreads

TSLA Put Closed

Bought to close 1 TSLA Jan 14 2022 900.0 Diagonal Put at $0.01.
Sold on Monday at $7.33.
Leaves a Long TSLA Feb 04 2022 730.00 Put that is fully paid for #Earnings Week

SOXL,

BTC February 25, 50 put at 2.80 that I sold yesterday at 2.90 because when I looked at the chart again, if it breaks below $58, it could go down to the mid 40 level and chip stocks are not doing well and I don’t know why.

LABU Put Rolldown

Bought to close LABU Jan 14 2022 25.0 Puts / Sold to Open LABU Jan 21 2022 24.0 Puts at $0.05 Credit.
Rolled 32 and 34 Puts out a week for tiny credits.

TQQQ Put Rolldowns

Some strange strike prices from the split, but some great rolldowns of ITM contracts
Bought to close TQQQ Jan 14 2022 75.5 Puts / Sold to open TQQQ Jan 21 2022 74.75 Puts at $0.05 Credit
Bought to close TQQQ Jan 14 2022 74.5 Puts / Sold to open TQQQ Jan 21 2022 72.5 Puts at $0.05 Credit
Bought to close TQQQ Jan 14 2022 73.5 Puts / Sold to open TQQQ Jan 21 2022 70.5 Puts at $0.05 Credit
Bought to close TQQQ Jan 14 2022 72.5 Puts / Sold to open TQQQ Jan 21 2022 69.0 Puts at $0.27 Credit

At least all my paired short calls expire.

Upside Warning canceled?

#VIXIndicator Yes, it was. In the premarket, $VIX peaked at 22.07, just above the 22.03 level which cancels it. This, after two weeks of volatility which couldn’t quite get it canceled.

Market behaviors change over time, and it seems the VIX may have outgrown the constraints of my indicator.

VXX Call Rolls

On the open:
Rolled VXX 01/14/2022 23.5 Calls to next week at $0.23 Credit
Rolled VXX 01/14/2022 23.0 Calls to next week at $0.28 Credit
Rolled VXX 01/14/2022 22.5 Calls to next week at $0.29 Credit

All my paired short puts for this week at 17.0 and 17.5 will expire

TSLA Call Rollup

Bought to close 1 TSLA Jan 14 2022 950.0 Call at $71.27. Sold on a rollup last Friday at $103.33.
Sold to Open 1 TSLA Jan 21 2022 965.0 Call at $72.67, so a 1.40 Credit and bumped the short strike up 15 points.

One more roll next Friday before #Earning

SPY XBI

#ShortPuts – A couple at the open.

SPY: Selling the expected move and below the 200 day.
Sold SPY FEB 18 2022 435.0 Put @ 4.00

XBI: Adding.
Sold XBI FEB 18 2022 90.0 Put @ 2.30