#VIXIndicator So the last UPSIDE warning was kind of a bust… let’s see if we get another shot this time. Two more consecutive $VIX closes below 21.17 will trigger it.
Daily Archives: Wednesday, February 9, 2022
LABU Covered Calls
Couldn’t get anything from this week’s 25 calls so switched to next week.
Sold 1 LABU Feb 18 2022 25.0 Covered Call at $0.50
NVDA Put Close / RIVN Put
#shortputs
$NVDA BTC 2/11 242.5 put at .36. Collected 8.15 with original @fuzzballl idea rolled once.
$RIVN STO 2/11 61 put at .85
LABU Call Spread
Bought to open LABU Feb 25 2022 30.0 Calls at $0.12
Sold to Open LABU Feb 11 2022 23.0 Calls at $0.32
I’ve got 20, 21 and 22 short puts that would work very well if I have to cover these short calls.
Plus I have a bunch of long stock from put assignments
XBI
#ShortPuts – Taking a couple.
Bought to Close XBI FEB 18 2022 80.0 Put @ .08 (sold for 2.35)
Bought to Close XBI FEB 18 2022 85.0 Put @ .22 (sold for 3.50)
ENPH Put
$ENPH STO 2/18/2022 150 put at 4.40
SPX 3-dte
#SPX5dte This is falling under my 5-dte hashtag, but it’s actually 3 trading days to expiry. Since we’re currently trading between 4500 and 4600 and not too close to either, I’m trying this one-off betting we won’t end Monday near here. Hopefully the market will love me on Valentine’s Day .
Bought to open $SPX Feb 14th 4540/4560-4570/4590 condors for 17.20, with SPX at 4567.
ALGN Stock
Sold off my 2nd lot of ALGN at $537.45.
Bought this on Jan 21st at $475.00 which, at the time, was a new low.
Still have a tiny bit left that was bought at $450.00
#SP500
Former #FallingKnife
SOXL
#ShortPuts – Only in these a few days so taking over half of max. Plenty of time to sell again.
Bought to Close SOXL MAR 11 2022 35.0 Puts @ 1.10 (sold for 2.65)
Bought to Close SOXL MAR 18 2022 35.0 Puts @ 1.44 (sold for 3.10)
SPX stopped
#SPX1dte Had a good run but got stopped out this morning,
bought to close $SPX Feb 9th 4585/4605 call spreads for 4.80. Condors sold for 1.70 yesterday.
TQQQ Covered Call Ladder
Sold TQQQ Feb 11 2022 64.0 Call at $0.42
Sold TQQQ Feb 11 2022 64.5 Call at $0.37
Sold TQQQ Feb 11 2022 65.0 Call at $0.26
Sold TQQQ Feb 11 2022 65.5 Call at $0.21
Sold TQQQ Feb 11 2022 66.0 Call at $0.14
Sold TQQQ Feb 11 2022 66.5 Call at $0.14
Not so KOLD anymore
Bought to close KOLD1 (pre-split contracts) Feb 18 2022 7.0 Puts at $0.45. Sold at $0.60 before the latest collapse in KOLD.
Taking a little risk off the table.
XLV Puts early rolldown
Bought to close XLV Feb 11 2022 134.0 Puts at $0.90. Sold last Wednesday on a rolldown at $2.09. (I seem to always be rolling these early)
Sold XLV Feb 18 2022 133.0 Calls at $1.03 and gained a point on the short strike.
Options Bistro 