#SPX1dte Expiring worthless: $SPX Feb 14th 4210/4230-4545/4565 condors, sold Friday for 1.65
#SPX5dte Expiring with max credit of 20.00: Feb 14th 4560/4540 put spreads. Condors bought last Wednesday for 17.20.
Daily Archives: Monday, February 14, 2022
VXX Put Spreads
Sold VXX Feb 18 2022 20.0 Puts at $0.17
Bought VXX Apr 14 2022 13.0 Puts at $0.11.
Long DTE = 59
Short DTE = 4
Sold VXX Feb 18 2022 20.0 Puts at $0.18
Bought VXX May 20 2022 11.0 Puts at $0.13.
Long DTE = 95
Short DTE = 4
VXX Call Ladder
On the VIX run to 31.50 at 2pm(VXX peak at 24.80)
Sold 1 VXX Feb 18 2022 29 Call at $0.76
Sold 1 VXX Feb 18 2022 29.5 Call at $0.58
Sold 1 VXX Feb 18 2022 30 Call at $0.73
#OnlySpreads
XBI
#ShortPuts – Adding.
Sold XBI MAR 18 2022 88.0 Put @ 3.20
TXN VFC ZBRA Stocks
Added a tiny bit of ZBRA at $425.00
Started a tiny new position in VFC at $60.00
Started a tiny new position in TXN at $161.67
All new lows
#SP500 #FallingKnife
SPY Put Ladder
#spyladder #shortputs – Reducing risk by shortening the expirations of my SPY puts and lowering the strikes.
BTC SPY April 11 2022 440 Put for 11.10 (Sold for 11.15)
GTC order open:
STO SPY Feb 28 2022 406 put for 2.20 (If it fills that’s still 13% annualized.)
I’ll reply when/if I get a fill. I think if SPY retests its overnight lows it should fill. Leaving now to go babysit grandkids. Lol.
SOXL TQQQ
#CoveredCalls – Rolled various calls down to slightly in the money for more downside protection. Also bought puts out in (May SOXL) (June TQQQ) at levels equal to where a covid type selloff would get down to now. Continuing basis reduction and hoping to eventually get to a full position.
NVDA earnings
#ShortPuts #Earnings – Looking for a better entry. Taking beer money on the bounce today.
Bought to Close NVDA FEB 18 2022 225.0 Put @ 3.84 (sold for 4.06)
AES LUMN GILD Stocks
Added a tiny bit of AES at $21.24
Added a tiny bit of LUMN at $21.24
Started a tiny new position in GILD at $61.39
All new lows
#SP500 #FallingKnife
TQQQ Calls
Sold TQQQ Feb 18 2022 60.0 Covered Calls at $0.52.
Partial position
Interest rates,
We have not seen the FED raise interest rates since 2017 so IMHO, this could get ugly. It is not going to be one and done.
TQQQ
Dumped half the TQQQ stock put to me at $54 Friday at $54.20.
Reducing risk
XBI
#ShortPuts – Rolling my two highest strikes. Short a lot more at 90 and lower.
Rolled XBI FEB 18 2022 100.0 Put to MAR 18 2022 100.0 Put @ 1.70 credit (3.85 total now)
Rolled XBI FEB 18 2022 105.0 Put to MAR 18 2022 105.0 Put @ .86 credit (3.45 total now)
TNA Calls
Sold TNA Feb 18 2022 69.0 Covered Calls at $0.57
VXX long Puts
Bought the following for new long positions for #VXXContango Trades
VXX Apr 14 2022 12 Puts at $0.05
VXX Apr 14 2022 13 Puts at $0.11
VXX May 20 2022 11 Puts at $0.13
VXX Jan 20 2023 6 Puts at $0.25
1 VXX Jan 19 2024 5 Put at $0.75
Options Bistro 