SOXL SPY SVXY XBI

#ShortPuts #CoveredeCalls – A few fills while I was on the road today.

SOXL: Covered.
Bought to Close SOXL APR 22 2022 30.0 Calls @ .01 (sold for 1.70)
Sold SOXL APR 29 2022 29.5 Calls @ .50

SPY: Starter.
Sold SPY MAY 20 2022 410.0 Put @ 5.30

SVXY: Starter.
Sold SVXY JUN 17 2022 50.0 Put @ 3.05

XBI: Adding.
Sold XBI MAY 20 2022 78.0 Put @ 3.15

Late Trades

Started a tiny new position in ISRG at $254.00, a new low after #Earnings
#SP500 #FallingKnife

Sold VXX Apr 29 2022 28.5 Diagonal Calls at $0.46
VXX closed at $26.15. Five days to expiration (DTE)
#OnlySpreads

Downside Warning in effect

#VIXIndicator A double warning as $VIX closed 25% above Wednesday’s close AND 50% above the the recent low of 18.45 from April 4th.

OptionsExpiration

EXPIRED:
TLRY 7.0 Covered Calls

TNA 61.0, 61.5 & 62.0 Covered Calls
TNA 60.0, 61.0, 61.5, 62.0 & 62.5 Diagonal Calls

TQQQ 50.5, 52.0, 53.0 & 54.0 Covered Calls
TQQQ 49.50, 50.0, & 50.5 Diagonal Calls
TQQQ 70/53 Bear Call Spreads
TQQQ 70/52.5 Bear Call Spreads
TQQQ 62/51.5 Bear Call Spreads
TQQQ 61/51 Bear Call Spreads

VXX 40/29 Bear Call Spreads
VXX 28.5 Diagonal Calls
VXX 28.0 Diagonal Calls
VXX 27.5 Diagonal Call
VXX 27.0 Diagonal Call
VXX 26.5 Diagonal Call
VXX 23.0 Diagonal Puts — #VXXContango
VXX 22.5 Diagonal Puts — #VXXContango
VXX 22.0 Diagonal Puts — #VXXContango

ASSIGNMENTS:
None

SPX 1-dte – double wide

#SPX1dte Sold to Open $SPX Apr 25th 4050/4100-4400/4450 condors for 1.50, SPX at 4275, IV 21.35%, deltas -.05 +.04

Insufficient strikes available on the put side to go with anything less than a 50-point spread. So I went a little safer on deltas as risk is higher.

LABU Puts Rolled

Rolled out this weeks LABU 13.0 Puts to next week for $0.16 Credit
Rolled out this weeks LABU 12.5 Put to next week for $0.24 Credit
The only rolls I had to do today.

VXX Leap Puts

Bought VXX Jan 19 2024 5.0 Puts at $0.40
637 Days to expiration (DTE).
I should be able to write against these a few times 🙂

VXX Call Ladder continued

Sold VXX Apr 29 2022 29.0 Calls at $0.28, $0.33, $0.34, $0.35 & $0.41
Sold VXX Apr 29 2022 29.5 Calls at $0.28 & $0.33
#OnlySpreads

VIX

up 21% today
VXX up only 5%.
Interesting futures chart

Untitled

SOXL

#shortputs
22 APR 2022 24 PUT @.09

SOXL

#shortputs
29 APR 22 18 PUT @.16

QYLD

#shortputs
STO 20 MAY 2022 19.5 PUT @.20 BATS

LABU

#shortputs

sto 22 APR 2022 10.5 PUT @.15 NYSE

https://cdn.cboe.com/resources/features/24x5_Trading_FAQ.pdf?fbclid=IwAR2jBTKEcgDhzH8vbJsyNkKXKUtemN5CeDq45WNh75F1UC4h4CTIiNZHvHo 24/5 days a week

https://cdn.cboe.com/resources/features/24x5_Trading_FAQ.pdf?fbclid=IwAR2jBTKEcgDhzH8vbJsyNkKXKUtemN5CeDq45WNh75F1UC4h4CTIiNZHvHo
24/5 days a week

SPX stopped

#SPX1dte Bought to close $SPX Apr 22nd 4300/4280 put spreads for 3.00. Condors sold yesterday for 1.40.

VXX Call Ladder

Back to selling calls
Sold VXX Apr 29 2022 27.5 Calls at $0.49
Sold VXX Apr 29 2022 28.0 Calls at $0.34 & $0.35
Sold VXX Apr 29 2022 28.5 Calls at $0.38
#OnlySpreads

TQQQ,

STO May 20, 55 call at .66
STO June 17, 65 call at .46

Markets

Quote of the day: ” Everyone Has A Plan Until They Get Punched In The Face…. And Everyone Is Being Punched In The Face”

Closing TQQQ Calls

Bought to close TQQQ Apr 22 2022 49.0 Calls at $0.01. Sold on Tuesday at $0.97 & $1.43
Bought to close TQQQ Apr 22 2022 48.5 Calls at $0.01. Sold on Tuesday at $1.17 & $1.67
Bought to close 1 TQQQ Apr 22 2022 48.0 Call at $0.01. Sold on Tuesday at $1.93

All other TQQQ Calls for this week at 49.50 up to 54.0 will be expiring.

Stocks

Added a tiny bit of these:
CHTR at $512.00
CRM at $175.00
DIS at $119.00
GPS at $11.58
KMX at $90.00
SBUX at $78.00
STT at $72.00
WBD at $20.57
Started a tiny new position in A at $123.00
All new lows
#SP500 #FallingKnife

VXX Puts

Sold calls yesterday afternoon. Switching to puts this morning for next week. This week’s puts will expire.
Sold VXX Apr 29 2022 22.0 Puts at $0.23.
Sold against some August 10 puts I bought earlier this week.
#VXXContango

And now Tuesdays too

$SPX options expiring Tuesdays start next week… not sure when they plan to start Thursdays but maybe someone will look it up.
#SPX1dte