So much for Wednesday’s headfake. #VIXindicator
Daily Archives: Friday, February 11, 2022
OptionsExpiration
Ran out of time at the end of the day so I left some puts “un-rolled”. Mostly made money on calls and call spreads, not surprising since the market collapsed today.
Expired:
LABU 22.5 Diagonal Calls
LABU 23.0 Diagonal Calls
RIVN 120/69 Bear Call Spread
RIVN 116/68 Bear Call Spread
RIVN 90/67 Bear Call Spread
RIVN 84/66 Bear Call Spread
RIVN 83/65 Bear Call Spread
RIVN 82/64 Bear Call Spread
RIVN 77/64 Bear Call Spread
RIVN 64.0 Diagonal Call
TLRY 7.5 Diagonal Puts
TNA 77/68 Bear Call Spread
TNA 76/67 Bear Call Spread
TNA 75/67 Bear Call Spread
TNA 74/67 Bear Call Spread
TNA 73/66 Bear Call Spread
TNA 72/66 Bear Call Spread
TNA 66.0 Diagonal Calls
TNA 65.0 Covered Calls
TQQQ 75/67 Bear Call Spread
TQQQ 75/66.5 Bear Call Spreads
TQQQ 74/66 Bear Call Spread
TQQQ 66.0 Covered Call
TQQQ 65.5 Covered Calls
TQQQ 65.0 Covered Calls
TQQQ 64.5 Covered Calls
TQQQ 64.0 Covered Calls
TQQQ 50/53 Bull Put Spreads
VXX 38/24.5 Bear Call Spreads
VXX 37/24.5 Bear Call Spread
VXX 36/24 Bear Call Spreads
VXX 31/24 Bear Call Spreads
VXX 19.5 Puts — #VXXContango
VXX 19. Puts — #VXXContango
VXX 18.5 Puts — #VXXContango
VXX 18.0 Puts — #VXXContango
Assignments:
Could have roiled but didn’t get the orders in in time
LABU 20.0 Diagonal Puts – sold at $3.40 last Friday
LABU 22.0 Diagonal Put – – sold at $5.12 last Friday
TQQQ 54.0 Diagonal Puts – sold at $0.42 yesterday
SPY Put Ladder
Near the close, filling out more of my SPY put ladder (SPY closed at 440.46):
STO SPY March 31 2022 440 Put @ 14.50
Also, in a separate account not part of the ladder:
STO SPY March 11 2022 440 Put @ 11.15
Planning to sell every Friday at the close until the ladder is full, as long as SPY keeps trending above its 50-Wk moving average.
Have a great weekend everybody!
SPX 1-dte
#SPX1dte Sold to Open $SPX Feb 14th 4210/4230-4545/4565 condors for 1.65, SPX at 4427, IV 23.5%, deltas -.06 +.06
Expiring: Feb 11th 4360/4380 – 4595/4615 condors, sold yesterday for 1.55.
SOXL SPY
#ShortPuts #CoveredCalls – A couple more.
SOXL: Keeping my stock.
Bought to Close SOXL FEB 11 2022 40.0 Calls @ .10 (sold for 4.04)
Sold SOXL FEB 18 2022 38.0 Calls @ 3.50
SPY: Adding. Losing track of how many times I’ve been in and out of March. 🙂 🙂
Sold SPY MAR 18 2022 400.0 Put @ 4.50
VXX Call Rollups and one closed
Bought to close VXX Feb 11 2022 20.5 Calls / Sold to Open VXX Feb 18 2022 21.0 Calls at $0.13 Credit and pushed the short strike up 0.5 point.
Bought to close VXX Feb 11 2022 21.0 Calls / Sold to Open VXX Feb 18 2022 22.0 Calls at $0.06 Credit and pushed the short strike up 1 point.
Bought to close VXX Feb 11 2022 21.5 Calls / Sold to Open VXX Feb 18 2022 24.0 Calls at $0.02 Credit and pushed the short strike up 2.5 points.
Bought to close VXX Feb 11 2022 22.5 Calls / Sold to Open VXX Feb 18 2022 25.0 Calls at $0.63 Credit and pushed the short strike up 2.5 points.
Bought to close VXX Feb 11 2022 23.0 Calls / Sold to Open VXX Feb 18 2022 26.0 Calls at $0.70 Credit and pushed the short strike up 3 points.
Bought to close VXX Feb 11 2022 23.50 Calls at $0.01
Sold on Monday at $0.29 and $0.30
HON IEX MHK PYPL TRMB UAA Stocks
on the latest plunge:
Added a tiny bit of Dow component and #SP500 stock HON at $187.55
Added a tiny bit of IEX at $190.95
Added a tiny bit of PYPL at $115.00
Started a new position in MHK at $146.00
Started a new position in TRMB at $66.18
Started a new position in UAA at $17.50
All new lows. #FallingKnife
VXX Calls
On the run to 23 in VXX:
Sold VXX Feb 18 2022 27.0 Calls at $0.70 and $0.82
EDIT:
Added:
Sold 1 VXX Feb 18 2022 27.5 Call at $0.80
Sold 1 VXX Feb 18 2022 28.0 Call at $0.77
Back in January, the VIX got briefly above 37(currently 29.45) and VXX only got to 27.84
#OnlySpreads
TNA Put rolldown
Bought to Close 1 TNA Feb 11 2022 63.0 Put at $2.94. Sold last week on a roll at $4.60
Replaced it with 1 short TNA Feb 18 2022 58.5 Put at $2.96 plus lowered the short strike 4.5 Points.
Until 30 minutes ago, it looked like the 63 put was going to expire.
O.T.
The us government said that they expect an invasion net week in Ukraine
ARKK
#CoveredCalls – Replacing this week’s expiration.
Sold ARKK FEB 18 2022 74.0 Calls @ 2.18
NVDA earnings
#ShortPuts #Earnings – I’d normally wait until the day of earnings but with a couple decent down days taking a shot here. Selling the expected move at the 200 day…for what that’s worth this earnings season. LOL
Sold NVDA FEB 18 2022 225.0 Put @ 4.35
TSLA
Closed my last current short position
Bought to close TSLA Feb 11 2022 930.0 Call at $0.14. Sold last week on a roll at 29.83
Sold to Close a very old, fully paid for long position used as a hedge on several short calls
Sold 1 TSLA Feb 18 2022 1,300 Call at $0.09. It was going to expire worthless anyway.
SOXL TQQQ
#CoveredCalls #ShortPuts – A few more.
SOXL:
Covered stock getting called away @ 40.00 (basis 31.65)
Bought to Close SOXL FEB 11 2022 48.0 Calls @ .06 (sold for 1.07)
Sold SOXL FEB 18 2022 48.0 Calls @ 1.46
Sold SOXL MAR 18 2022 35.0 Put @ 2.50
Sold SOXL APR 1 2022 35.0 Put @ 3.20
TQQQ:
Bought to Close TQQQ FEB 11 2022 59.0 Calls @ .15 (sold for 2.80 avg.)
Bought to Close TQQQ FEB 11 2022 60.0 Calls @ .06 (sold for 1.55)
Sold TQQQ FEB 18 2022 59.0 Calls @ 1.78
Sold TQQQ FEB 18 2022 60.0 Calls @ 1.38
Rolled TQQQ FEB 18 2022 64.0 Calls to FEB 18 2022 59.0 Calls @ 1.38 credit (2.88 total now)
LABU Put Rolldown
Bought to close 1 LABU Feb 11 2022 21.0 Put at $0.58. Sold last week on a roll at $4.30
Replaced it with 1 short LABU Feb 18 2022 18.0 Put at $0.60 plus gained 3 points on the short strike
APD LUMN WU ZBRA Stock
Started a tiny new position in APD at $249.79
Started a tiny new position in LUMN at $10.74
Started a tiny new position in ZBRA at $440.00
Closed out my highest cost lot in WU at $19.30 for a small gain. I bought it a total of 4 times all the way down to $16.00 in November 2021.
#SP500 #FallingKnife
SOXL
#ShortPuts – Replacing some stock getting called away today.
Sold SOXL MAR 25 2022 35.0 Put @ 2.40
Sold SOXL APR 1 2022 35.0 Put @ 2.75
TQQQ
#CoveredCalls – Sold TQQQ FEB 25 2022 62.5 Call @ 1.85
SOXL
#CoveredCalls – A few more.
Bought to Close SOXL FEB 11 2022 52.0 Calls @ .05 (sold for 1.60)
Sold SOXL FEB 18 2022 49.0 Calls @ 1.95
Sold SOXL FEB 18 2022 50.0 Calls @ 1.75
Options Bistro 