I was wrong when I thought these would expire when the stock was over 133 just yesterday.
Bought to close XLV Jan 21 2022 132.0 Puts / Sold to Open XLV Jan 28 2022 131.5 Puts at $0.40 Credit.
Plus lowered the strike another fifty cents
Monthly Archives: January 2022
SVXY
#ShortPuts – Adding one.
Sold SVXY FEB 25 2022 50.0 Put @ 2.60
VXX Call Rollup
Bought to close VXX Jan 21 2022 21 Calls / Sold to Open VXX Jan 28 2022 23.5 Calls at $0.08 Credit.
Added 2.5 points to the short strike
26 counting this market!
VXX Call Rolled up
Just in case it’s crazy at the close
Bought to close VXX Jan 21 2022 22.5 Calls at $0.43
Sold to open VXX Jan 28 2022 24.0 Calls at $1.08.
$0.65 Credit AND bumped the strike up 1.50 points
VIX futures
Not that it’s much of a surprise but the futures have flipped to backwardation.
http://vixcentral.com/
SPY
#ShortPuts – Adding one.
Sold SPY MAR 18 2022 400.0 Put @ 5.65
RIVN Puts
Rolled all my RIVN puts out a week for tiny credits
ADSK ALGN BBY CDAY DIS ECL KMX PENN PYPL SWKS COIN
Tiny buys in several #SP500 stocks at new lows plus back into COIN at its low
New ADSK position at $245.00
Added ALGN at $475.00
New BBY position at $84 54
New CDAY position at $78.13
Added to DIS at $140.00
New ECL position at $201.14
New KMX position at $104.86
Added to PYPL at $170.00
Added to PENN at $41.00
New SWKS position at $142.00
Added to COIN at 196.00, below its post IPO low. I exited a bunch of COIN above $300 in November
ROKU
#ShortPuts – Taking small loss here. Only want to mess with one streaming stock at a time.
Bought to Close ROKU FEB 4 2022 145.0 Put @ 4.00 (sold for 2.75)
NFLX
#ShortCalls – In a PM account so selling weekly calls against the 425 short put. Could be in this awhile. 🙂 🙂
Sold NFLX JAN 28 2022 430.0 Call @ 4.60
NFLX
Netflix Craters On Subscribers Miss, Catastrophic Guidance
Two years of stock market gains… gone
Downside Warning in effect
#VIXindicator At the close we are exceeding 50% above the Jan 4th VIX low of 16.34.
SBUX
Started a tiny new position in SBUX at its 52-week low of $95.92.
#SP500 #FallingKnife
ROST Stock
Added to my tiny holding of ROST at $98.60, below the old 52-week low of $98.79
#SP500 #FallingKnife
#Earnings on Mar 01
Next target price = 93.50
VXX Call Ladder adjustment
Rolling up a small part of this week’s VXX option ladder to next week.
Bought to close 1 VXX Jan 21 2022 21.5 Call at $0.29. Sold on Tuesday at $0.46
Bought to close 1 VXX Jan 21 2022 22.0 Call at $0.21. Sold on Tuesday at $0.38
Replaced them with:
1 VXX Jan 28 2022 22.5 Call at $0.85
1 VXX Jan 28 2022 23.0 Call at $0.77
IPGP QRVO Semi Stocks
Added to my tiny holding of QRVO at $140.00, below the old 52-week low of $141.66.
Also added to my IPGP stock at $150.0, below its old 52-week low of $151.27.
Both stocks in the Semiconductor space.
#SP500 #FallingKnife
RIVN Long put closed
Sold to close 1 RIVN Jan 21 2022 65.0 Put at $0.78. Bought this last year and wrote against it multiple times, recovering the entire cost and more, but it expires tomorrow.
RIVN at 67.30
LABU
#shortputs
28 JAN 2022 21 PUT @1.65
trying to average down
TSLA Call
One final rollup before earnings
Bought to close 1 TSLA Jan 21 2022 965.0 Call at $60.52. Sold last Friday on a rollup at $72.67.
Sold to Open 1 TSLA Jan 28 2022 1,000.0 Call at $60.67, added 35 points to the strike price and still got a small credit.
Hedged with a couple of Feb monthly long calls.
TSLA trading at 1025
#OnlySpreads
PTON
Peloton Plunges Below IPO Price On Reports Of Production Halt
https://www.zerohedge.com/markets/peloton-craters-shares-halted-after-reporting-production-halt
LABU Extra long Puts closed
Sold to close LABU Jan 21 2022 25.0 Puts at $4.10 as they expire tomorrow.
Bought these on 12/20/2021 at $0.82.
This gain makes up part of the loss on my holding LABU stock from some put assignments.
NFLX earnings
#ShortPuts – Going out to the monthlies and selling nearly twice the expected move and about 20 percent lower than where it’s currently trading. And…40 percent off all time highs.
Sold NFLX FEB 18 2022 425.0 Put @ 3.25
TSLA Put
Sold 1 TSLA Jan 21 2022 965.0 Diagonal Put at $1.60.
Expires tomorrow and I have a short call for this week at the same strike that I am trying to roll up.
TSLA at 1035
SPX 1-dte
#SPX1dte Bought to close $SPX Jan 20th (monthlys) 4415/4435-4665/4685 condors for .25. Sold yesterday for 1.30. Closed to avoid Friday morning gap risk.
Will sell one for Friday PM in a bit.
TQQQ,
BTC January 21, 45 puts at .01, these were 90 puts sold at 1.24 in my IRA
LABU early assignment
Assigned on one of my LABU 34.0 Puts last night. Adjusted cost after put premium is 23.90.
Sold LABU 01/21/2022 25.0 Covered Calls at $0.07 as a scalp against this lot and some other LABU in the account.
I will revisit this position next week to determine where to sell my next set of Covered Calls
TQQQ, BTC January 21, 50…
TQQQ, BTC January 21, 50 put at .01, sold at 1.05 when these were the 100 puts.
XLV Puts
Rolling down these puts again for a credit
Bought to close XLV Jan 21 2022 135.0 Puts / Sold to Open XLV Jan 28 2022 134.5 Puts at $0.12 Credit.
Sold these against March long puts. Plenty of rolls left.
#OnlySpreads
My short XLV 132 and 130 puts are looking like they will expire tomorrow unless the market collapses again.
FXI
#LongStock – Sold my uncovered shares @ 39.47 (basis 39.00)
TQQQ
#CoveredCalls – I’ll be assigned a tiny bit of stock (unless we rally like crazy today and tomorrow). Selling the covered calls early with plenty of downside protection.
Sold TQQQ JAN 28 2022 65.0 Calls @ 4.55
TNA TQQQ Calls
Sold TNA Jan 21 2022 70.0 Diagonal Calls at $0.42
Sold TQQQ Jan 21 2022 70.0 Diagonal Calls at $0.37
I’ve got a lot of short puts in both. Daring Mr. Market to come get these 🙂
#OnlySpreads
KOLD1 Put
These are harder to trade since the reverse split(very illiquid) but I was able to roll the strike price down 10% for next month.
Bought to close KOLD1 Jan 21 2022 11.0 Puts / Sold to Open KOLD1 Feb 18 2022 10.0 Put at $0.02 Credit
Long May and August Puts that are fully paid for as the hedge.
#OnlySpreads
PS: My KOLD1 Jan 9.0, 8.0 and 7.0 short puts will expire tomorrow.
TQQQ,
BTC February 11, 60 puts at 3.00, I sold these at 2.40 so a loss but I want to be safe and out of the market.
XLV Puts
Writing against some excess long XLV March Puts
Sold XLV Jan 21 2022 130.0 Puts at $0.29
SPX 1-dte
#SPX1dte Sold to Open $SPX Jan 20th (Monthlys) 4415/4435-4665/4685 condors for 1.30, SPX at 4565, IV 23.6%, deltas -.06 +.06. I have not sold monthlys on this strategy in a long time, but since I’m currently taking a break from the 5-dte strategy I’m including them this month. These stop trading at close tomorrow but don’t settle until Friday morning’s open, which mean if I don’t close them tomorrow they will be exposed to possibility of a gap open on Friday.
Expected to expire worthless: Jan 19th 4455/4475-4670/4690 condors, sold yesterday for 1.50.
EWZ
#ShortPuts – Nice breakout today. Taking these and looking to add more Feb on a dip.
Bought to Close EWZ JAN 21 2022 30.0 Puts @ .40 (sold for 2.37)
Bought to Close EWZ JAN 21 2022 31.0 Puts @ 1.18 (sold for 3.54)
ARKK KWEB NVDA SOXL TNA
#ShortPuts #CoveredCalls – A little bit of everything.
ARKK: Covered.
Bought to Close ARKK JAN 21 2022 85.22 Calls @ .05 (sold for 1.44)
Sold ARKK JAN 28 2022 78.0 Calls @ 2.20
KWEB: Out of this now.
Sold covered stock @ 32.39 (small gain including dividend)
NVDA: Turning short put into Jade Lizard. Earnings still a couple weeks after this.
Sold NVDA FEB 4 2022 245.0/250.0 Bear Call Spread @ 3.00
Now 245/245/250 Jade Lizard @ 6.40
SOXL: Will probably be assigned a small stock position. Getting the covered calls sold early.
Sold SOXL JAN 28 2022 55.0 Calls @ 2.53
TNA: 85 put will be assigned. Been selling ITM calls against. Rolling for more downside help.
Rolled TNA JAN 21 2022 70.0 Call to JAN 28 2022 55.0 Call @ 11.25 credit (25.20 total now)
TSLA Put
Sold 1 TSLA Jan 21 2022 880.0 Put at $1.30
TSLA still over $1000 and #Earnings not until next week.
TNA Put
Sold 1 TNA Jan 21 2022 66.0 Diagonal Put at $2.07
#OnlySpreads
VXX Long Put
Prepping a new long position since my in the money VXX Jan 21st Puts are about to be sold off between now and Friday.
Bought VXX Jun 17 2022 12.0 Puts at $0.95 & 0.90
In 6 months I expect this to be in the money too.
#VXXContango
KOLD1 Put
These are harder to trade since the reverse split but I was able to roll the strike price down 10% for next month
Bought to close KOLD1 Jan 21 2022 10.0 Put / Sold to Open KOLD1 Feb 18 2022 9.0 Put at $0.05 Credit
SPY
#ShortPuts – Late fill.
Sold SPY MAR 18 2022 415.0 Put @ 5.05
TQQQ,
STO March 18, 40 put at 1.15
TQQQ
#shortPuts – Last one today.
Sold TQQQ FEB 25 2022 57.5 Put @ 3.42
ALGN Stock
Started a new position in ALGN at its 52-week Low of $494.00
#SP500 #FallingKnife
SPX 1-dte
#SPX1dte Sold to Open $SPX Jan 19th 4455/4475-4670/4690 condors for 1.50, SPX at 4584, IV 20.1%, deltas -.06 +.06
Expiring: Jan 18th 4525/4545-4735/4755 condors, sold Friday for 1.70.
EWZ
#ShortPuts – Getting the ladder back to a full position.
Sold EWZ FEB 18 2022 29.0 Put @ 1.29
Sold EWZ FEB 18 2022 32.0 Puts @ 3.42
TNA Put
Sold 1 TNA Jan 21 2022 69.0 Diagonal Put at $2.20
#OnlySpreads
VXX Call Ladder
Beginning the process of replacing last week’s Calls
Sold 1 VXX Jan 21 2022 20.5 Diagonal Call at $0.70
Sold 1 VXX Jan 21 2022 21.0 Diagonal Call at $0.58
Sold 1 VXX Jan 21 2022 21.5 Diagonal Call at $0.46
Sold 1 VXX Jan 21 2022 22.0 Diagonal Call at $0.38
Sold VXX Jan 21 2022 22.5 Diagonal Calls at $0.30
Sold VXX Jan 21 2022 23.0 Diagonal Call at $0.25
Sold VXX Jan 21 2022 23.5 Diagonal Calls at $0.21
#DoubleDip
TQQQ XBI
#ShortPuts – A couple more.
Sold TQQQ FEB 25 2022 60.0 Put @ 3.70
Sold XBI FEB 18 2022 90.0 Put @ 2.10
SOXL
#ShortPuts – Adding.
Sold SOXL MAR 4 2022 50.0 Put @ 4.00
EWZ SOXL SPY SVXY
#ShortPuts – A few.
EWZ: Adding in Feb.
Sold EWZ FEB 18 2022 29.0 Puts @ 1.15
Sold EWZ FEB 18 2022 30.0 Put @ 1.65
Sold EWZ FEB 18 2022 31.0 Put @ 2.35
SOXL: First one in this expiration.
Sold SOXL MAR 4 2022 50.0 Put @ 3.60
SPY: A couple adds. At the expected moves, well below the 200 day, and at Oct lows.
Sold SPY FEB 18 2022 430.0 Put @ 3.60
Sold SPY MAR 18 2022 425.0 Put @ 5.90
SVXY: Aggressive starter.
Sold SVXY FEB 18 2022 55.0 Put @ 2.50
AES ATVI CHTR stock
Bought a tiny bit of AES at $22.60 to start a new position at the 52-week low
Bought a tiny bit of CHTR at $585.45 to start a new position at the 52-week low
#FallingKnife #SP500
Also, Microsoft announced they were buying ATVI at $95.00/share. I have a tiny bit of that too.
TSLA Put
Sold 1 TSLA Jan 21 2022 900.0 Put at $2.55 replacing a similar put a covered at a penny on Friday.
Paired with a couple of Bear Call spreads for this week.
#DoubleDip trade.
RIVN Diagonal Put Spread
Bought 1 RIVN Feb 18 2022 60.0 Put /Sold to Open 1 RIVN Jan 21 2022 75.0 Put at $0.40 Credit.
I have some excess long puts I could write against from earlier spreads of the stock implodes
XLV Puts
1 new spread and 1 re-write
Bought to Open XLV Mar 18 2022 117.0 Put / Sold to Open 1 XLV Jan 21 2022 132.0 Put at $0.12 Credit
Also sold some XLV Jan 21 2022 132.0 Puts at $0.83 as a #DoubleDip trade, replacing 132.5 puts that expired Friday
LABU long Put rolled
Rolled some long Puts from old spreads out more than a month since they expire this week.
I will keep writing against them.
Sold to close LABU Jan 21 2022 25 Puts at $2.32. Bought on 12/16/2021 at $1.18
Bought to Open LABU Mar 04 2022 20 Puts at $2.30
soxl
14 JAN 2022 69 CALL @.40
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.
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
SPY chart
$SPY Seeing what looks like the completion of a head & shoulder on the daily. Be careful out there.
Options Bistro 