#SPX1dte Expired: $SPX Aug 29th 3925/3945-4145/4165 condors, sold Friday for 1.20.
No trade for Tuesday as I will be on a flight.
Daily Archives: Monday, August 29, 2022
NVDA
#CoveredCalls – Selling part of the next round a little early.
Sold NVDA SEP 16 2022 175.0 Calls @ 2.65
TQQQ,
BTC October 7, 35 call at 1.24 that I sold on Friday at 2.05
Stocks
Accumulating very slowly with tiny trades some high yielding #SP500 and #DJIA stocks at their lows
VNO at $26.91 Div = 7.83%
WBA at $35.75 Div = 5.33%
MMM at $125.40 Div = 4.61%
BXP at $80.19 Div = 4.80%
INTC at $32.85 Div = 4.37%
#FallingKnife
BBBY Calls
Sold 1 BBBY Sep 02 2022 16.0 Diagonal Call at $0.80 then …
Sold 1 BBBY Sep 02 2022 18.5 Diagonal Call at $0.53 then …
Sold 1 BBBY Sep 02 2022 19.0 Diagonal Call at $0.56
Crazy high premiums with the stock at $11.79 offsetting my 1 short BBBY short 13.0 Put.
#OnlySpreads
VXX Puts
Sold VXX Sep 02 2022 20.0 Put at $0.80
Sold VXX Sep 02 2022 19.5 Puts at $0.40 and $0.45
Sold VXX Sep 02 2022 19.0 Puts at $0.15 and $0.18
Replacing similar puts that were covered or expired Friday.
New Diagonal:
Bought VXX Jun 16 2023 7.0 Puts / Sold VXX Sep 02 2022 19.5 Puts at $0.10 Credit for the first week.
Long DTE = 291
Short DTE = 4
#VXXContango
SPY,
STO October 7, 435 call at 1.22 so I have a strangle of 350 and 435 at 3.04
#smallbuy BOT NSpC @24.90 Div…
#smallbuy
BOT NSpC @24.90
Div 9%
BOT PBT @17.51
Div 12.99%
BOT GOF @16.99
Div 12.84%
SPY,
STO October 7, 350 put at 1.82
No Warning, actually
#VIXindicator Turned out I made an error on Friday… wasn’t watching the numbers closely enough, but there was no Downside Warning. Despite the big drop, the $VIX action wasn’t as strong as you might expect and fell short of the 27.23 close required to fire the Warning. That level is still in effect today as a closing trigger.
Options Bistro 