My indicators show that SPY has entered a new uptrend. Even though it’s pretty weak, I’m following the system.
STO SPY April 22 2022 433 Put @ 2.11
Daily Archives: Friday, April 8, 2022
LABU
#coveredcalls
#optionsexpiration
april 8 20 call
OptionsExpiration
The weak market the last few days has allowed just about all my short calls and bear call spreads to expire. And ALL but one of my VXX short positions expired again this week.
== Expired:
LABU 17.0 Diagonal Calls
LABU 18.5 Covered Calls
LABU 19.0 Diagonal Calls
LABU 19.5 Diagonal Calls
LABU 10/15.5 Bull Put Spread – barely
TLRY 10.0 Covered Calls
TLRY 10.5 Covered Calls
TLRY 10.5 Diagonal Call
TLRY 11.0 Diagonal Calls
TNA 61.0 Diagonal Call
TNA 63.0 Diagonal Call
TNA 64.5 Diagonal Call
TNA 68.0 Covered Call
TNA 69.5 Covered Call
TNA 70.0 Covered Call
TNA 71/64.50 Bear Call Spread
TQQQ 56.0 Diagonal Call
TQQQ 58.0 Diagonal Call
VXX 25.5 Diagonal Calls
VXX 26.0 Diagonal Call
VXX 30.0 Diagonal Calls
VXX 31.0 Diagonal Calls
VXX 32.0 Diagonal Calls
VXX 47/33 Bear Call Spread
VXX 23.5 Diagonal Puts — #VXXContango
VXX 23.0 Diagonal Puts — #VXXContango
VXX 21.5 Diagonal Puts — #VXXContango
VXX 21.0 Diagonal Puts — #VXXContango
VXX 20.0 Diagonal Puts — #VXXContango
== Assignments:
TQQQ 46.0 Covered Calls (sold at 13.62). Exiting 25% of my long stock position at a profit for safety and liquidity.
VXX Puts
New #VXXContango spread
Bought VXX Jun 17 2022 10.0 Puts at $0.03
Sold to Open VXX Apr 14 2022 21.0 Puts at $0.10
Short trading week next week. Only 4 days to expiration on the short.
68 days left on the long, so I’ll be writing against in many more times.
VXX Call Rollup
VXX putting on a late day run to 24.99, too close for comfort. (and the VIX is down, but VXX is up)
Bought to close VXX Apr 08 2022 25 Calls at $0.10. Sold early this week at $0.84 average price.
Sold to Open VXX Apr 14 2022 26.5 Calls at $0.62 for a $0.52 Credit and bumped the strike up 1.5 points
Every other VXX position it have is expiring.
SPX 1-dte
#SPX1dte Sold to Open $SPX Apr 11th 4395/4415-4565/4585 condors for 1.65, SPX at 4499, IV 12.4%, deltas -.07 +.07
Expiring: Apr 8th 4415/4435-4590/4610 condors, sold yesterday for 1.50.
TQQQ,
BTC April 14, 45 put at .31, sold at .70, getting a little too close for my comfort level.
TLT
#ShortPuts – Adding.
Sold TLT MAY 20 2022 123.0 Put @ 3.15
XBI
#ShortPuts – Adding.
Sold XBI MAY 20 2022 86.0 Put @ 3.00
FXI NVDA
#ShortPuts #CoveredCalls – A few of each.
FXI: Taking the loss. FXI is weak premium and a lot of China risk. Replacing with an NVDA position for recovery.
Sold FXI Covered Stock @ 24.95 (basis 27.80)
Sold NVDA APR 22 2022 230/250/257.5 Jade Lizard @ 8.30
EDIT: NVDA now a Jade Lizard.
Markets
I found this interesting
Stocks
First the good.
Sold out of my LDOS at $109.62, near today’s 52-week high. Bought on 12/17/2021 at $86..64.
#FormerFallingKnife
Started a tiny new position in USB at $51.54
#SP500 #FallingKnife
TQQQ,
BTC April 8, 45 put at .01, sold at .46
Options Bistro 