Bought to close VXX Mar 11 2022 27.0 Calls at $0.01. Sold Friday on a roll at $1.58
Bought to close VXX Mar 11 2022 26.5 Calls at $0.01. Sold Friday on a roll at $1.76
Daily Archives: Friday, March 11, 2022
TNA Calls
Bought to close 1 TNA Mar 11 2022 61.0 Call at $0.01. Sold Tuesday at $1.09
Bought to close TNA Mar 11 2022 60.0 Calls at $0.01. Sold Tuesday at $0.99 and $1.23
XLV Puts
Bought to close 1 XLV Mar 11 2022 126.5 Put at $0.01. Sold on Monday at 0.61
Bought to close 1 XLV Mar 11 2022 127.0 Put at $0.01. Sold on Monday at 0.57
Stocks
Only one today:
Added SBUX at $83.44
#SP500 #FallingKnife
SPX 1-dte
#SPX1dte Sold to Open $SPX March 14th 4030/4050-4335/4355 condors for 1.60, SPX at 4212, IV 24.1%, deltas -.06 +.06
On our way to 4000!
FXI crazy position
One of my wilder trades (that’s saying a lot! LOL)
1. Owned stock at a 38 basis covered with 38 strike calls hoping to get out at even.
2. Stock did not get called away and I noticed how Russia (RSX) was acting with a possible war and sanctions.
3. With China and Taiwan figured that could be next and FXI turn into another RSX.
4. With FXI up near 35-36 sold April monthly 25 strike calls for 10.50 credit for max downside help.
5. Also bought May monthly 25 strike puts @ .16 for additional worse case protection.
Short calls at 25 with basis now of 27.50. As the stock drops hoping the long puts will make up that difference. I’ll either get out at near even or hang onto stock at an incredible basis.
Definitely risky going that bearish but if RSX is any indication FXI could be headed for a similar fate…
EDIT: The overall position is actually slightly net short for now. As FXI gets closer to 25 that will gradually get more neutral.
LABU
sto 18 MAR 2022 11 PUT @.18
STO 18 MAR 2022 11.5 PUT @.28
LABU Puts Rolled
Bought to close LABU Mar 11 2022 14.5 Puts at $0.54. Sold last week at $1.25
Sold to Open LABU Mar 18 2022 13.5 Puts at $0.80 for a $0.25 Net Credit plus a point lower strike.
Bought to Close 1 LABU Mar 11 2022 18.0 Put at $3.68. Sold last week at $4.65.
Sold to Open 1 LABU Mar 18 2022 18.0 Put at $ 3.78 for a $0.10 Net Credit.
NFLX SOXL TQQQ XBI
#ShortPuts #CoveredCalls – A little of everything.
NFLX: Expiring and re-loading.
Expiring: MAR 11 2022 355.0 Call (sold for 14.00)
Sold NFLX MAR 18 2022 350.0 Call @ 8.10
SOXL: Rolling covered and adding to ladder.
Rolled SOXL MAR 11 2022 28.0 Calls to MAR 18 2022 28.0 Calls @ .95 credit (7.95 total now)
Sold SOXL APR 8 2022 30.0 Put @ 3.00
Sold SOXL APR 14 2022 30.0 Put @ 3.30
TQQQ: Rolling covered and adding to ladder.
Rolled TQQQ MAR 11 2022 40.0 Calls to MAR 18 2022 40.0 Calls @ 1.05 credit (8.95 total now)
Sold TQQQ APR 14 2022 40.0 Put @ 3.00
XBI: Adding.
Sold XBI APR 14 2022 79.0 Put @ 2.00
Sold XBI APR 14 2022 80.0 Put @ 2.20
Sold XBI APR 14 2022 81.0 Put @ 2.50
Sold XBI APR 14 2022 82.0 Put @ 2.60
TQQQ Calls
Bought to close TQQQ Mar 11 2022 50.0 Calls at $0.01. Sold Tuesday at $0.33, $0.39 & 0.51
TQQQ,
STO January 2023, 75 call at 3.77
SOXL
#coveredcalls
btc 11 MAR 2022 35 CALL @.03 /sto .59
taking off to catch a reload
Options Bistro 