#ShortPuts – Rolling for additional credit. Short others in June at lower strikes.
Rolled TLT MAY 20 2022 119.0 Put to MAY 27 2022 119.0 Put @ 1.10 credit (4.10 total now)
Rolled TLT MAY 20 2022 121.0 Put to JUN 3 2022 121.0 Put @ 1.15 credit (4.35 total now)
Rolled TLT MAY 20 2022 123.0 Put to JUN 17 2022 123.0 Put @ 1.32 credit (4.45 total now)
Rolled TLT MAY 20 2022 125.0 Put to JUN 17 2022 125.0 Put @ .95 credit (3.80 total now)
A good week to be selling Calls on TNA and TQQQ. VXX worked pretty well too.
I’m ready for another dead cat bounce next week.
Expired:
KOLD 6.0 Put
LABU 9.0 Covered Calls
LABU 6.0 Put
LABU 5.5 Put
LABU 5.0 Put
LABU 4.5 Puts
TNA 44/45/46 Covered Calls
TNA 70/46 Bear Call Spread
TNA 68/46 Bear Call Spread
TNA 63.5/46 Bear Call Spread
TNA 59/45 Bear Call Spread
TNA 58.5/45 Bear Call Spread
TNA 44.0 Calls
TQQQ 32/33/34/35 Covered Calls
TQQQ 60/38 Bear Call Spread
TQQQ 37.0 Call
TQQQ 36.0 Calls
VXX 49/28.5 Bear Call Spread
VXX 48/28.5 Bear Call Spread
VXX 47/28 Bear Call Spread
VXX 45/28 Bear Call Spreads
VXX 44/28 Bear Call Spread
VXX 43/28 Bear Call Spread
VXX 41/28 Bear Call Spread
VXX 40/28 Bear Call Spread
VXX 39/28 Bear Call Spreads
VXX 38/28 Bear Call Spreads
VXX 37/27.5 Bear Call Spreads
VXX 36/27.5 Bear Call Spreads
VXX 10/23.5 Bull Put Spreads
VXX 11/24 Bull Put Spreads
VXX 15/24 Bull Put Spreads
VXX 16/24 Bull Put Spreads
VXX 24.0 Puts — #VXXContango
VXX 24.5 Puts — #VXXContango
A drop in VXX in the last 60 seconds before the close forced me out of the last of my VXX May 20 2022 25.0 short Puts at $0.02. Still my average selling price was $0.50 on these remaining puts.
Replaced them with the following short puts for next week.
Sold VXX May 27 2022 23.50 Puts at $0.18 and $0.23
Sold 1 VXX May 27 2022 24.0 Put at $0.43
#SPX1dte Sold to open $SPX May 23rd 3730/3750-4015/4035 condors for 1.50, SPX at 3887, IV 23.7%, deltas -.06 + .06
Continuing selling for next week as all my short VXX calls for today are looking like they will expire.
Sold VXX May 27 2022 28.0 Calls at $0.54 and $0.58
#shortputs
20 MAY 2022 17.5 PUT @.03
#SPX1dte Bought to Close $SPX May 20th 3800/3780 put spreads for 4.45. Condors sold yesterday for 1.65.
Rough week, with two stops on the put side, both with relentless down moves with little bounce opportunities. Wednesday turned out to be a 4% down day so I couldn’t risk waiting for a bigger bounce today. It’s already a dollar cheaper than my fill.
Starting in on next week
Sold 1 VXX May 27 2022 27.5 Call at $0.79
#ShortPuts – Was going to take stock here at a basis around 71 but decided to roll again since premium is decent.
Rolled XBI MAY 20 2022 70.0 Put to MAY 27 2022 70.0 Put @ 1.42 credit (4.42 total now)
Rolled XBI MAY 20 2022 72.0 Put to JUN 17 2022 72.0 Put @ 2.65 credit (5.85 total now)
Rolled XBI MAY 20 2022 74.0 Put to JUN 17 2022 74.0 Put @ 2.00 credit (5.05 total now)
Rolled XBI MAY 20 2022 76.0 Put to JUN 17 2022 76.0 Put @ 1.42 credit (4.62 total now)
Rolled XBI MAY 20 2022 78.0 Put to JUN 17 2022 78.0 Put @ 1.00 credit (4.15 total now)
Rolled XBI MAY 20 2022 80.0 Put to JUN 17 2022 80.0 Put @ .72 credit (3.85 total now)
Added a tiny bit of SPY at $384.58, a new yearly low. My next buy point in this account is 5 points lower.
Added a tiny bit of QQQ at $282.48.
#FallingKnife
#CoveredCalls – Another round.
ARKK:
Bought to Close ARKK MAY 20 2022 45.0 Calls @ .05 (sold for 1.28)
Sold ARKK MAY 27 2022 45.0 Calls @ .95
NVDA: Earnings next week.
Bought to Close NVDA MAY 20 2022 190.0 Calls @ .05 (sold for 4.40 and 4.46)
Sold NVDA MAY 27 2022 185.0 Calls @ 3.75
SOXL:
Bought to Close SOXL MAY 20 2022 21.5 Calls @ .05 (sold for .80)
Sold SOXL MAY 27 2022 22.5 Calls @ .55
SPY: Sold the new call yesterday.
Bought to Close SPY MAY 20 2022 405.0 Call @ .05 (sold for 7.40)
Currently 13.50
STO, June 15, 420/430 call spread at .77
Lightening up a bit more on the lowest premium sells from Monday’s put sales.
Bought to close VXX May 20 2022 25.0 Puts at $0.09 and $0.08.
Sold at $0.23.
Edit:
Covered more.
Bought to close VXX May 20 2022 25.0 Puts at $0.07 and $0.06. Sold at $0.27.
Bought to close VXX May 20 2022 25.0 Puts at $0.05 and $0.04. Sold at $0.32.
Bought to close VXX May 20 2022 Put at $0.03 and $0.02. Sold at $0.35 and $0.39.
Letting the rest expire this afternoon unless we have a big market move that forces VXX down again.
Options Bistro 