#SPX1dte Sold to Open $SPX Sept 6th 3790/3810-4015/4035 condors for 1.45, SPX at 3918, IV 16.45%, deltas -.06 +.06
An extremely profitable week for my Diagonal and Covered Calls in TNA and TQQQ. Not too bad for VXX, SOXL, TNA, TQQQ and SLV puts either(although I had to roll some).
Going into next week with a lot less positions(risk) as many Bear Call spreads expired with gains.
BBBY 14.0 Diagonal Call
LABU 15/11.5 Bear Call Spreads
LABU 11.5 Diagonal Calls
TLRY 5.0 Covered Calls
TNA 39/39.5/40 Covered Calls
TNA 51/43.5 Bear Call Spread
TNA 52/43.5 Bear Call Spread
TNA 55/46 Bear Call Spreads
TQQQ 27/28.5/30/33 Covered Calls
TQQQ 31.5 Diagonal Calls
TQQQ 42/33 Bear Call Spreads
TQQQ 43/34 Bear Call Spreads
UVXY 12.5 Diagonal Calls
UVXY 13.0 Diagonal Calls
UVXY 8.5 Diagonal Put — #UVXYContango
VXX 29/20.5 Bear Call Spreads
VXX 30/20.5 Bear Call Spreads
VXX 18.5 Diagonal Puts — #VXXContango
#SPX1dte Bought to close $SPX Sept 2nd 3910/3890 put spreads for 3.00. Almost finished the week scot free. This shows the value of closing when you can, since this put side got down to .20 or less at the highs.
Total credit on the calls and puts was 1.90 this morning so this is 1.10 loss on the day.
Bought to close TQQQ Sep 02 2022 27.5 Diagonal Calls at $0.01. Sold on a roll last Friday at $6.95
Bought to close TQQQ Sep 02 2022 29.0 Diagonal Calls at $0.01. Sold on a roll last Friday at $5.55
Bought to close TQQQ Sep 02 2022 30.0 Diagonal Call at $0.01. Sold on a roll last Friday at $3.18
Bought to close TNA Sep 02 2022 42.0 Diagonal Call at $0.01. Sold last week on a roll at $6.54
Bought to close TNA Sep 02 2022 42.5 Diagonal Calls at $0.01. Sold last week on a roll at $6.47
Bought to close SLV Sep 02 2022 16.5 Diagonal Puts at $0.01. Sold Wednesday at $0.13
Bought to close VXX Sep 02 2022 19.0 Diagonal Puts at $0.01. Sold at $0.09 up to $0.18.
Bought to close LABU Sep 02 2022 9.0 Covered Calls at $0.55. Sold last Friday on a roll at $1.55.
Sold to Open LABU Sep 09 2022 9.5 Calls at $0.60 for a $0.05 Credit plus an extra $0.50 on the strike.
Bought to close LABU Sep 02 2022 9.5 Covered calls at $0.05. Sold earlier this week at $0.15
Bought to close VXX Sep 02 2022 20.0 Diagonal Puts / Sold to Open VXX Sep 09 2022 20.0 Puts at $0.22 Credit
Bought to close VXX Sep 02 2022 19.5 Diagonal Puts / Sold to Open VXX Sep 09 2022 19.5 Puts at $0.28 Credit
Bought to close SLV Sep 02 2022 17.0 Diagonal Puts / Sold to open SLV Sep 09 2022 17.0 Puts at $0.11 Credit.
Short trading week next week
#SPX1dte In pre-market after jobs report released, sold to open $SPX Sept 2nd 4060/4080 call spreads for 1.20.
Looking for a fill on the put side.
#Jobs — Meeting expectations this time, less than July but still strong. Participation moved up, also pushing UE up.
Gain of +315,000 non-farm payroll jobs, vs. expected gain of 318K
Unemployment at 3.7%, up by 0.2
U6 unemployment 7.0%, up by 0.3
Labor force participation 62.4%, up by 0.3
Average hourly earnings up by 0.3%; 5.2% increase over the year
July jobs revised down by -2K to +526K
June jobs revised down by -105K to +293K