#SPX1dte Sold to Open $SPX Jan 26th 4150/4170-4465/4485 condors for 1.65, SPX at 4333, IV 32.1%, deltas -.04, +.07.
When I set this trade deltas were .06/.06… it filled a few seconds later when the SPX spiked up just a bit, but deltas move very quickly in this market.
#ShortPuts – Completely out of what has been a decent size position last couple months. Looking to re-load in March if it comes back down after this run.
Bought to Close EWZ FEB 18 2022 29.0 Puts @ .47 (sold for 1.20)
Bought to Close EWZ FEB 18 2022 30.0 Put @ .76 (sold for 1.65)
Bought to Close EWZ FEB 18 2022 31.0 Put @ 1.17 (sold for 2.35)
Bought to Close EWZ FEB 18 2022 32.0 Puts @ 1.69 (sold for 3.42)
Bought to Close EWZ FEB 18 2022 33.0 Puts @ 2.39 (sold for 4.10)
Sold KOLD1 Feb 18 2022 8.0 Put (pre-split contract) at $0.95 against a long August 4.0 Put already long and paid for.
Sold KOLD1 Feb 18 2022 7.0 Puts (pre-split contract) at $0.60 against long May 4.0 Puts already long and paid for.
#DoubleDip
2022 YTD performances… but we are not in a bear market…
$SHOP -38.28%
$NFLX -35.63%
$SQ -26.72%
$MDB -32.44%
$SPOT -26.27%
$DOCU -24.71%
$CMG -22.37%
$TEAM -21.05%
$TSLA -18.17%
Honorable mentions:
$GME -35.65%
$AMC -45.66%
Nothing to see here…
More tiny buys of #SP500 stocks at new lows
Started a new position in NLSN at $18.15
Started a new position in TER at $103.02 after #Earnings collapse (40 point air pocket on earnings)
Started a new position in TROW at $150.00
#FallingKnife
Did puts earlier, now some calls
Sold VXX Jan 28 2022 27.5 Calls at $0.21, $0.22 and $0.23.
The spike high on VXX this week was Monday at 27.84 when the VIX index was above 38. I don’t see that happening again this week.
VXX currently at 23.60
Starting a tiny new position in INTC stock at its old 52-week low.
Bought INTC at $47.87
Added MKTX at $329.54. My last trade was to sell a bit of this at $415.00 for a small gain on 12/15/2021.
#SP500 #FallingKnife
#CoveredCalls – Covering some stock early that will be assigned tomorrow.
Sold SOXL FEB 4 2022 47.0 Calls @ 1.85
Sold TQQQ FEB 4 2022 59.0 Calls @ 2.15
Bought to open VXX Mar 18 2022 10.0 Puts at $0.01
Sold to Open VXX Feb 04 2022 19.0 Puts at $0.20
Short DTE = 8
Long DTE = 50
The long side of the spread is just to lower the margin requirements by 10 points per contract vs. a outright sale of the put as a cash backed trade.
And it’s an ultra-cheap lottery ticket.
#VXXContango
Options Bistro 