Upside Warning canceled

#VIXindicator If $VIX closes at 24.45 or higher it will be Downside Warning.

VXX Puts

VXX should be going up but it isn’t
Sold VXX Aug 26 2022 20.5 Puts at $0.11 against existing long puts
#VXXContango

SPX trades

#SPX5dte Bought to open $SPX Aug 26th 4135/4155-4165/4185 condors for 17.75, SPX at 4143.

Will add 1-dte trade to comments when I sell in a couple hours.

#spx1dte

TSLA

#ShortPuts – Sold TSLA SEP 16 2022 675.0 Put @ 3.75

VIX vs UVXY vs VXX

VIX index up 13%
UVXY up 6%
VXX up 0.27%
And this is why VXX is broken

INTC VFC

I’ve spent almost all of August #RaisingCash in non-option IRA accounts. Today’s tiny buys:
Added to my INTC position at $34.37 (at it’s 52-week low)
Div = 4.13%
Added to my VFC position at $43.07 (at it’s 52-week low)
Div = 4.64%
#SP500 #FallingKnife

TQQQ SOXL SLV UVXY

On the initial downdraft this morning
TQQQ
Rolled some of my TQQQ Covered calls up a point by going out an extra week:
Bought to close TQQQ Aug 26 2022 32.0 Calls at $2.03. Just sold these on Friday at $5.75 on a lateral roll.
Replaced them with TQQQ Sep 02 2022 33.0 Covered Calls at $2.05 for a $0.02 Credit.
Also sold some TQQQ diagonal put spreads to pair up with a whole bunch of Diagonal Call spreads already short:
Bought TQQQ Sep 09 2022 23.0 Puts / Sold TQQQ Aug 26 2022 30.0 Puts at $0.02 Credit
Bought TQQQ Sep 16 2022 23.0 Puts / Sold TQQQ Aug 26 2022 30.0 Puts at $0.02 Credit
#OnlySpreads

SOXL
Sold some SOXL Aug 26 2022 15.0 Puts at $0.14 against existing long September Puts. #DoubleDip

SLV
Sold some SLV Aug 26 2022 17.0 Puts at $0.09 against existing long September Puts. #DoubleDip

UVXY
Sold some UVXY diagonal Call spreads to pair up with a whole bunch of Diagonal Put spreads already short:
Bought UVXY Sep 23 2022 20.0 Calls / Sold UVXY Aug 26 2022 11.0 Puts at $0.02 Credit. #OnlySpreads

Adjusting TTD

With the stock at 62.92 resetting strikes, rolling Sep 16 $TTD 75/65 inverted strangle to Sep 16 60/67 strangle @ 10.48 debit.

Previous trades:
Original (8/9): STO 45/65 strangle as an earnings trade @ 4.11
8/10: Rolled 45 puts up to 65 @ 3.20 credit
8/11: Rolled 65 puts up to 75 @ 3.70 credit
8/16: Added 80/85 bear call spread @ 1.21 credit

#tiny buy BOT NSpC @24.99…

#tiny buy
BOT NSpC @24.99
div 9%
——-
BOT DJIA @23.31
div 7.83%

SPX stopped – Upside Warning ending?

#SPX1dte Bought to close $SPX Aug 22nd 4150/4130 put spreads for 3.40. Condors sold for 1.45 on Friday.

#VIXindicator Thus far the $SPX peaked at 4325 on the 16th, a 4.3% rise from the start of the Upside Warning on the 5th. It would take an intraday $VIX peak of 24.45 today to cancel the UpW.