Added a tiny bit of ADSK at $223.00
Added a tiny bit of ECL at $180.00
Added a tiny bit of GPS at $14.61
Added a tiny bit of PYPL at $108.00
Added a tiny bit of UAA at $16.97
Started a tiny new position in GRMN at $113.00
All new lows
#SP500 #FallingKnife
#ShortPuts – Yesterday…
Bought to Close TNA FEB 18 2022 50.0 Put @ .05 (sold for 1.65)
Sold TNA MAR 18 2022 45.0 Put @ 1.30
Sold TNA MAR 18 2022 50.0 Put @ 2.05
#ShortPuts – Sold SPY MAR 18 2022 405.0 Put @ 3.30
#ShortPuts – Adding post earnings.
Sold NVDA MAR 18 2022 210.0 Put @ 3.15
#SPX1dte Sold to Open $SPX Feb 17th (monthlys) 4335/4355-4565/4585 condors for 1.45, SPX at 4485, IV 22%, deltas -.06 +.06.
Expiring: Feb 16th 4320/4340-4545/4565 condors, sold yesterday for 1.55.
sto 18 FEB 2022 51.5 CALL @.25
Sold LABU Feb 18 2022 22.5 Calls at $0.15
Sold to open VXX Feb 18 2022 23.5 Calls at $0.44 and $0.46
Sold to Open VXX Feb 18 2022 23.0 Calls at $0.53 and $0.54
Sold against a long calls left over from last week’s diagonal bear call spreads and paired with the #VXXContango puts I sold Monday and Tuesday.
#DoubleDip
Sold TNA Feb 18 2022 69.0 Call at $0.52.
Sold against a long call left over from last week’s diagonal bear call spread.
#DoubleDip
#coveredcalls #syntheticcoveredcalls
$PFE BTC 2/18 50 call at .40. STO today at .90
$MRVL BTC 2/18 77 call at .20. STO 2/9 at 2.01
$EXAS BTC 2/18 83 call at .30. STO 2/9 at 2.30
Sold to open $TQQQ Mar 18 40 puts @ 1.20
Sold TQQQ Feb 18 2022 60.0 Calls at $0.24
Sold TQQQ Feb 18 2022 61.0 Calls at $0.15 and $0.25
#spyladder #coveredstrangle – Added a short put down at the 50-Wk MA, 2DTE, to go with the covered call:
STO SPY 18 March 2022 438 Put @ 2.20
Added a tiny bit of FB at $212.44
Added a tiny bit of FIS at $99.17
Added a tiny bit of MMM at $155.00
Both are new lows
#SP500 #FallingKnife
#ShortPuts – Going out in time and selling a little lower. Not really an earnings trade being that far out.
Sold NVDA MAR 18 2022 220.0 Put @ 5.50
#spyladder #coveredcall – Only 2 days to expiration:
STO SPY Covered Call – Stock @ 444.12 with March 18 2022 450 Covered Call @ 1.31
#shortputs #spyladder – Still reducing risk. Gradually adjusting to selling nearer expirations hoping to be more nimble.
BTC SPY March 31 2022 440 Put for 12.15 (Sold for 14.50).
Literally went to Wal Mart and spent some of the money on beer. Lol!
🙂
Sold TNA Feb 18 2022 69.0 Calls at $0.71.
Sold against a long call left over from last week’s diagonal bear call spread.
#DoubleDip
#spx1dte
$SPX STO 2/16 4315/4295/4540/4560 at 1.15
#coveredcalls #syntheticcoveredcalls
$PFE STO 2/18 50.5 call at .25
$BX STO 2/18 130 call at .45
$FCX STO 2/18 45 call at .25
$RIVN STO 2/25 67 call at 3.49 Roll the 2/18 64 at even
$TQQQ STO 2/18 58 call at 1.00
$AA STO 2/18 74 call at .90
$F STO 2/18 18.5 call at .10
$SPWR STO 2/18 18 call at .50
$WYNN STO 2/18 103 call at .50
$CRM STO 2/18 220 call at .47
$LABU STO 2/18 22 call at .40
In case this rally runs out of gas or we hit another air pocket like Friday:
Bought to Open 1 TQQQ Mar 04 2022 65 Call at $0.71
Sold to Open 1 TQQQ Feb 18 2022 57.5 Call at $1.49
Bought to Open 1 TQQQ Mar 04 2022 66 Call at $0.58
Sold to Open 1 TQQQ Feb 18 2022 58 Call at $1.28
Bought to Open 1 TQQQ Mar 04 2022 67 Call at $0.44
Sold to Open 1 TQQQ Feb 18 2022 58.5 Call at $1.05
Bought to Open 1 TQQQ Mar 04 2022 68 Call at $0.34
Sold to Open 1 TQQQ Feb 18 2022 59 Call at $0.83
Bought to open TQQQ Mar 04 2022 70 Calls at $0.22
Sold to Open TQQQ Feb 18 2022 60 Calls at $0.59
I have plenty of long TQQQ stock and short TQQQ puts if the rally continues. (and I can roll the short calls up if necessary)
#OnlySpreads
Rolled Feb 18 24 puts down and out to Mar 18 23 puts @ .40 credit with the underlying at 19.50
Added a tiny bit to my IPGP position at $134.00
Added a tiny bit to my LDOS position at $81.64
New 52-week lows
#SP500 #FallingKnife
Bought to open VXX Sep 16 2022 7.0 Puts at $0.14
Sold to Open VXX Feb 18 2022 19.5 Puts at $0.22
Long DTE = 213
Short DTE = 3
Bought to Open VXX Jan 20 2023 5.0 Puts at $0.10
Sold to Open VXX Feb 18 2022 19.0 Puts at $0.13
Long DTE = 339
Short DTE = 3
#VXXContango trades
Sold LABU Feb 18 2022 22.0 Covered Calls at $0.40.
Sold against stock put to me Friday at 22 and 20
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
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
#ShortPuts – Adding.
Sold XBI MAR 18 2022 88.0 Put @ 3.20
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
#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.
#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.
#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)
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
Sold TQQQ Feb 18 2022 60.0 Covered Calls at $0.52.
Partial position
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.
Dumped half the TQQQ stock put to me at $54 Friday at $54.20.
Reducing risk
#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)
Sold TNA Feb 18 2022 69.0 Covered Calls at $0.57
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
So if Russia doesn’t invade by the market open, how does the market react?
#optionsexpiration
labu feb 11 2022 13.5 put/ sold for .10
labu feb 11 2022 115.5 put /sold for .20
soxl feb 11 2020 69 call/sold for .07
#shortputs
labu feb 18/ put 17 sto @.45
labu feb 18/ put 18 sto @69
soxl feb 18/ put 37 put sto@1.50
We made an all time high on November 22 at 91.68 and the low on January 24 was 48.17 which is a decline of 47% and the FED has not raised interest rates yet. The Covid low on March 20, 2020 was 8.18 so I ask, how low can we go?
So much for Wednesday’s headfake. #VIXindicator
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
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!
#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.
#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
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
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
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
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.
The us government said that they expect an invasion net week in Ukraine
#CoveredCalls – Replacing this week’s expiration.
Sold ARKK FEB 18 2022 74.0 Calls @ 2.18
#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
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.
#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)
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
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
#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
#CoveredCalls – Sold TQQQ FEB 25 2022 62.5 Call @ 1.85
#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
Added a tiny bit of Dow component and #SP500 stock 3M at $160.00
#FallingKnife
Bought to close 1 TNA Feb 11 2022 66.0 Put at $3.39. Sold on a roll last week at $6.73
Replaced it with a short TNA Feb 18 2022 63.0 Put at $3.46 plus 3 points lower on the short strike.
ShortPuts – Adding.
Sold XBI MAR 18 2022 87.0 Put @ 2.35
#SPX1dte Sold to Open $SPX Feb 11th 4360/4380-4595/4615 condors for 1.55, SPX at 4494, IV 23%, deltas -.07 +.05
#shortputs #earnings
$NVDA STO 2/18 230 put at 3.10
$NVDA STO 2/18 235 put at 4.10
Earnings on 2/16 Expected move around 22 points based on 2/18 expire and average of 257.50 and 260 put and call.
Just taking a little risk off on the put side. If the market stops falling, VXX will collapse again.
Bought to close VXX Feb 11 2022 20.0 Puts at $0.44. Sold these on Monday at $0.50.
I have lots of short puts left at lower strikes for this week .
#ShortPuts – Not a profit here…just a “getting back to even” revenge trade. Still have a little more to go.
Bought to Close NVDA FEB 11 2022 230.0 Put @ .05 (sold for 4.06)
#ShortPuts – One add while I was out.
Sold TQQQ MAR 25 2022 50.0 Put @ 2.70
Bought to close RIVN Feb 11 2022 73.0 Puts at $6.10. Sold these on a roll last Friday at $12.25
Replaced them with short RIVN Feb 18 2022 71.0 Puts at $6.17 and a 2 point lower strike price.
Sold 1 RIVN Feb 11 2022 68.0 Call at $1.25
Sold 1 RIVN Feb 11 2022 69.0 Call at $1.47
Sold LABU Feb 18 2022 25.0 Covered Calls at $0.55 and $0.60
Sold LABU Feb 18 2022 26.0 Covered Calls at $0.35, $0.40 and $0.45
Sold LABU Feb 18 2022 27.0 Covered Call at $0.25 and $0.30
All my long stock is covered for next week.
Sold VXX Feb 11 2022 20.5 Calls at $0.31
Options Bistro 