Expiration

#optionsexpiration
$VXX 23 put
$VXX 23.5 put Selling against Long VXX Thank you @iceman. You are still teaching ever since that day in Manhattan at the infamous Chinese restaurant. You rock!
$TQQQ 56 put Thank you @fuzzballl
$DWAC 74 call
$ZIM 91 call
$OXY 60 call

OptionsExpiration

A strong market again this week but finally some short calls in LABU and TNA expired . TLRY put on a major run in the last 2 days so I’ll be making some cash on covered calls and bear call spreads next week.
VXX remains elevated, so I was able to pre-sell some of next week’s calls as every VXX short position expired this week.

EXPIRED:
LABU 18.0 Diagonal Call
LABU 17.0 Diagonal Calls
LABU 13.0 Diagonal Put

TNA 65.0 Covered Call
TNA 65.5 Covered Call
TNA 69/65 Bear Call Spread
TNA 70/65.5 Bear Call Spread
TNA 70/66 Bear Call Spread

VXX 40/35 Bear Call Spread
VXX 39/33 Bear Call Spread
VXX 38/32 Bear Call Spread
VXX 38/31 Bear Call Spread
VXX 31.0 Diagonal Call
VXX 30.0 Diagonal Calls
VXX 29.5 Diagonal Calls
VXX 29.0 Diagonal Call
VXX 28.5 Diagonal Calls
VXX 28.0 Diagonal Calls
VXX 23.0 Diagonal Puts — #VXXContango
VXX 14/22 Bull Put Spread

Downside Warning canceled (again)

#VIXindicator Based on the $VIX close under 21.17, the Downside Warning is canceled. It first went into effect on January 20th, was canceled on Feb 9th, only to be reinstated only two days later on Feb 11th.

The arrow on this chart shows last time it was canceled. (Feb 9th).

Screen Shot 2022-03-25 at 1.03.22 PM

So while it is usually a pre-cursor to an extended rally, the better sign will come with an Upside Warning, which will require two more CONSECUTIVE closes below 21.17.

ZIM Put Roll

#shortputs
$ZIM BTC 3/25 74 put and STO 4/1 74 put at added credit of .31. May be the end of this party boat?

TNA TQQQ Calls Rolled

At 3:30 these looked like they would expire. Then’ someone’ said BTFD

Bought to close TQQQ Mar 25 2022 56.0 Calls at $0.72. Sold on 3/22 at $1.58 and $1.61.
Bought to close 1 TNA Mar 25 2022 64.0 Call at $0.19. Sold last Friday on a roll at $3.04

Sold TQQQ Apr 01 2022 58.50 Calls at $1.23 for a $0.51 Credit and 2.5 additional points on the short strike
Sold 1 TNA Apr 01 2022 69.0 Call at$0.48 for a $0.29 Credit and 5 additional points on the short strike

SPX 1-dte

#SPX1dte Sold to Open $SPX March 28th 4410/4430-4590/4610 condors for 1.40, SPX at 4519, OV 12.8%, deltas -.06 +.06

Expiring: March 25th 4405/4425-4585/4605 condors, sold yesterday for 1.45

TLT

#ShortPuts – First time in this in a long time. Throwing it out there as a starter and looking to add lower.

Sold TLT MAY 20 2022 125.0 Put @ 2.85

TLRY Covered Calls

Rolled my TLRY Mar 25 2022 7.5 Covered Calls to TLRY Apr 01 2022 9.0 Covered Calls at $0.09 Credit and boosted the short strike 1.5 points (or 20%)

SOXL TQQQ XBI

#ShortPuts – A few more adds.

Sold SOXL APR 8 2022 38.0 Put @ 2.25
Sold SOXL APR 14 2022 38.0 Put @ 2.86

Sold TQQQ APR 8 2022 53.0 Put @ 2.50
Sold TQQQ APR 14 2022 51.0 Put @ 2.50

Sold XBI APR 22 2022 86.0 Put @ 2.55

BTU Put Close / CRWD Call Roll

#shortputs
$BTU BTC 4/14 20 put at .30. STO at 2.70. Thank you @jsd501

#coveredcalls
$CRWD BTC 4/1 217.5 and STO 4/8 222.5 call at even but gain $5 If called away.

TQQQ Covered Calls

Rolling calls over for another week for some extra cash (instead of allowing assignment) while still keeping decent downside protection
Rolled TQQQ Mar 25 2022 46.0 Covered Calls to TQQQ Apr 01 2022 46.0 Covered Calls at $0.35 Credit
Rolled TQQQ Mar 25 2022 47.5 Covered Calls to TQQQ Apr 01 2022 48.0 Covered Calls at $0.10 Credit plus gained a half point on the short strike
Rolled TQQQ Mar 25 2022 48.0 Covered Calls to TQQQ Apr 01 2022 48.5 Covered Calls at $0.20 Credit plus gained a half point on the short strike.

Edit: after TQQQ bounced:
Rolled TQQQ Mar 25 2022 49.0 Covered Calls to TQQQ Apr 01 2022 49.0 Covered Calls at $0.40 Credit

SOXL

#rolling
1 APR 22/25 MAR 22 34 CALL @.45 /1.61 collected so far

ARKK

#ShortPuts – Continuing with stock replacement.

Sold ARKK APR 14 2022 63.0 Put @ 3.00
Sold ARKK APR 14 2022 64.0 Put @ 3.00

LABU Spread closed

Bought to Close LABU Mar 25 2022 20.5/18.0 Bear Call spreads at $0.06. Sold last Friday at $0.51

VXX Call Ladder

Sold 1 VXX Apr 01 2022 30.0 Call at $0.64
Sold 1 VXX Apr 01 2022 31.0 Call at $0.57
Sold 1 VXX Apr 01 2022 32.0 Call at $0.52
Sold 1 VXX Apr 01 2022 33.0 Call at $0.48
Sold 1 VXX Apr 01 2022 34.0 Call at $0.44
Sold 1 VXX Apr 01 2022 35.0 Call at $0.40
Replacing similar calls that will expire today

The short squeeze in VXX is still an issue. But the VIX index and /VX futures are falling early on

TNA and TQQQ Calls rolled up

Bought to close 1 TNA Mar 25 2022 61.0 Call / Sold to Open 1 TNA Apr 01 2022 63 Call at $0.26 Credit plus a 2 point higher strike.
Bought to close 1 TNA Mar 25 2022 62.5 Call / Sold to Open 1 TNA Apr 01 2022 65.5 Call at $0.17 Credit plus a 3 point higher strike.

Bought to close TQQQ Mar 25 2022 51.0 Calls / Sold to Open TQQQ Apr 01 2022 52.0 Calls at $0.02 Credit plus a 1 point higher strike
Bought to close TQQQ Mar 25 2022 53.0 Calls / Sold to Open TQQQ Apr 01 2022 54.0 Calls at $0.29 Credit plus a 1 point higher strike
Bought to close 1 TQQQ Mar 25 2022 53.0 Call / Sold to Open 1 TQQQ Apr 01 2022 54.5 Call at $0.11 Credit plus 1.5 point higher strike
Bought to close 1 TQQQ Mar 25 2022 55.0 Call / Sold to Open 1 TQQQ Apr 01 2022 57.5 Call at $0.18 Credit plus 2.5 point higher strike

LABU Puts and Calls

Bought to Close 1 LABU Mar 25 2022 17.5 Put at $1.02. Sold last week on a roll at $2.45
Bought to Close LABU Mar 25 2022 15.5 Calls $1.33. Sold last week on a roll at $2.07

Sold to Open 1 LABU Apr 01 2022 16.5 Put at $1.08 and gained a point on the short strike
Sold to Open LABU Apr 01 2022 16.5 Calls at $1.35 and also gained a point on the short strike

Leaves me with a short LABU 16.5 straddle for next week.