Sold half of my remaining LRCX stock at $410.01. Just slightly above my buy on 07/01/2022 at $409.10
The remaining buy was on 10/13 at $302.09 just after earnings. I’ll hold that.
Monthly Archives: October 2022
LABU SPY SLV TLRY TNA UVXY VXX
Replacing a whole bunch of positions that expired Friday
Sold LABU Nov 04 2022 9.0 Diagonal Calls at $0.15
Sold LABU Nov 04 2022 8.5 Covered Calls at $0.30
Sold 1 SPY Nov 04 2022 367.0 Diagonal Put at $0.66
Sold 1 SPY Nov 02 2022 373.0 Diagonal Put at $0.68
Sold 1 SPY Oct 31 2022 379.0 Put at $0.17 (due to expire today)
Sold SLV Nov 04 2022 17.0 Diagonal Puts at $0.12
Sold TLRY Nov 04 2022 4.5 Covered Calls at $0.04
Sold TNA Nov 04 2022 45.0 Diagonal Calls at $0.24
Sold TNA Nov 04 2022 44.0 Diagonal Calls at $0.34
Sold 1 TNA Nov 04 2022 43.0 Diagonal Call at $0.51
Sold UVXY Nov 04 2022 11.0 Diagonal Calls at $0.16
Sold UVXY Nov 04 2022 9.5 Diagonal Puts at $0.11, $0.13 and $0.14 (DTE = 4)
Bought UVXY Dec 16 2022 7.0 Puts at $0.07 and $0.08 (DTE= 46)
Bought UVXY Jan 20 2023 6.0 Puts at $0.11 (DTE= 81)
Bought UVXY Feb 17 2023 5.0 Puts at $0.12 (DTE= 109)
#UVXYContango)
Sold VXX Nov 04 2022 20.0 Diagonal Calls at $0.10
Sold VXX Nov 04 2022 17.5 Diagonal Puts at $0.16, $0.17, $0.19, $0.20 and $0.22 (DTE = 4)
Bought VXX Dec 16 2022 14.0 Puts at $0.06 and $0.07 (DTE = 46)
Bought VXX Jan 20 2023 13.0 Puts at $0.18 and $0.20 (DTE = 81)
#VXXContango
SPX 1-dte
#SPX1dte Sold to Open $SPX Nov 1st 3785/3805-3955/3975 condors for 1.45, SPX at 3878, deltas -.06 +.06, IV 23.7%
Expiring: Oct 31st 3780/3800-3985/4005 condors, sold Friday for 1.45
SPY,
STO November 11 put,
383 at 6.51
385 at 7.20
387 at8.02
XBI,STO November 18, 75 put…
XBI,STO November 18, 75 put at .85 earlier in the day.
XBI
ShortPuts – One add just to get back to a full position.
Sold XBI NOV 4 2022 84.0 Put @ 2.60
UDOW,
BTO November 18, 55/65 bull call spread at 3.31, the short term moving averages are in an up trend and the market knows the rate hike is .75 points
SPX 1-dte
#SPX1dte Bought to close $SPX Oct 28th 3915 call for .30. Condors sold for 1.65. Stop hit with first spike above 3902. Monday trade will come in comment.
RTX BX Roll
#coveredcalls
$RTX BTC 10/28 95 calls and STO 11/4 97 calls at added profit of .50 and $2 more if called away
$BX BTC 10/28 94 calls and STO 11/4 99 calls at added profit of .53 and $5 more if called away
ADBE AMZN MSFT NVDA SOXL SPY TQQQ XBI
#ShortPuts #CoveredCalls #SyntheticStock #JadeLizards – A little of everything.
ADBE: Blew through the top so taking it early.
Bought to Close ADBE NOV 18 2022 270.0/310.0/315.0 Jade Lizard @ 4.25 (sold for 7.35)
AMZN: Starting a Jan 2025 synthetic stock position. Sold weekly against.
Sold AMZN JAN 17 2025 100.0 Puts // Bought AMZN JAN 17 2025 100.0 Calls @ 8.31 and 8.89 (synthetic stock)
Sold AMZN NOV 4 2022 100.0 Calls @ 2.56 and 2.89
MSFT: Bouncing so taking off the call side of the Jade Lizard leaving a short put.
Bought to Close MSFT NOV 18 2022 245.0/250.0 Bear Call Spread @ .83 (Lizard sold for 5.25)
NVDA: A little of everything.
Bought to Close NVDA OCT 28 2022 135.0 Put @ .05 (sold for 7.80)
Sold NVDA NOV 4 2022 140.0 Put @ 6.05
Rolled NVDA OCT 28 2022 130.0 Calls to NOV 11 2022 136.0 Calls @ even (1.35 total now)
Rolled NVDA OCT 28 2022 130.0 Calls to NOV 18 2022 140.0 Calls @ .25 credit (1.55 total now)
SOXL: Covered rolling.
Rolled SOXL OCT 28 2022 9.0 Calls to NOV 4 2022 10.0 Calls @ .03 credit (.23 total now)
SPY: Rolling.
Rolled SPY OCT 28 2022 380.0 Call to NOV 4 2022 384.0 Call @ .25 credit (2.85 total now)
Rolled SPY OCT 28 2022 381.0 Call to NOV 4 2022 386.0 Call @ .02 credit (2.30 total now)
Rolled SPY OCT 28 2022 382.0 Calls to NOV 4 2022 387.0 Calls @ .46 credit (2.45 total now)
TQQQ: Another round.
Bought to Close TQQQ OCT 28 2022 23.0 Calls @ .01 (sold for .36)
Sold TQQQ NOV 4 2022 22.5 Calls @ .50
XBI: The gift that keeps on giving. Rolling covered and reloading.
Bought to Close XBI OCT 28 2022 80.0 Put @ .05 (sold for 4.50)
Bought to Close XBI OCT 28 2022 81.0 Put @ .05 (sold for 4.45)
Bought to Close XBI OCT 28 2022 81.5 Puts @ .05 (sold for 3.45)
Bought to Close XBI OCT 28 2022 82.0 Put @ .05 (sold for 3.45)
Bought to Close XBI OCT 28 2022 82.5 Put @ .05 (sold for 3.45)
Sold XBI NOV 4 2022 81.5 Puts @ 2.02
Sold XBI NOV 4 2022 82.5 Puts @ 2.11
Sold XBI NOV 4 2022 83.0 Puts @ 2.35
Sold XBI NOV 4 2022 84.0 Put @ 2.60
Rolled XBI OCT 28 2022 78.0 Call to NOV 4 2022 78.5 Call @ .21 credit (1.73 total now)
Rolled XBI OCT 28 2022 78.5 Calls to NOV 4 2022 79.5 Calls @ .50 credit (2.35 total now)
#smallbuy Buy RIVpA @22.90 #dividends
#smallbuy
Buy RIVpA @22.90
#dividends
#rolling #spy oct 22 385…
SPY Put
Sold 1 SPY Oct 28 2022 368.0 Put at $0.22 at 4:01.
I wonder if Amazon’s earnings were out by then
A one day scalp
#OnlySpreads
GOOGL Put Roll / AMZN Put / BAC Call Roll
#shortputs
$GOOGL BTC 10/28 95 put and STO 11/4 94 put at added credit of .42 and $1 less if put to me
$AMZN STO 11/18 100 put at 1.84. Thank you @fuzzballl
#coveredcalls
$BAC BTC 10/28 35 call and STO 11/4 35.5 call at added credit of .10 and $0.50 higher proceeds if called away
META
STO META Dec16’22 95 PUT @5.76
Let’s see what happens 🙂
SPX trades
#SPX5dte Sold to close $SPX Oct 28th 3825/3845-3855/3875 condors for 16.50. Bought Tuesday for 17.75, so 1.25 loss. Not enough movement and too risky to hold until tomorrow.
1-dte trade to follow in comments.
SPY Put – TNA Calls
One day scalps:
Sold 1 SPY Oct 28 2022 373.0 Put at $0.49
Sold TNA Oct 28 2022 39.5 Calls at $0.14
Russell 2000 is out performing both the NASDAQ and the S&P, which are both down on the day
VXX Puts
Sold VXX Oct 28 2022 18.0 Puts at $0.06, $0.07 and $0.08
VXX low so far today is $18.26 and these would expire tomorrow.
AMZN NVDA SPY
#ShortPuts #CoveredCalls #Earnings – A few.
AMZN: Fairly aggressive add looking to set up a longer term position. Will add some synthetic stock if it implodes.
Sold AMZN NOV 18 2022 105.0 Put @ 3.00
NVDA: Short some covered calls so hoping this helps hold the stock down another day. 🙂 🙂
Rolled NVDA OCT 28 2022 130.0 Put to OCT 28 2022 135.0 Put @ 1.40 credit (7.80 total now)
SPY: Rolls to set up a short straddle for next week.
Rolled SPY OCT 28 2022 375.0 Call to NOV 4 2022 380.0 Call @ .10 credit (2.30 total now)
Rolled SPY NOV 4 2022 371.0 Put to NOV 4 2022 380.0 Put @ 2.90 credit (5.90 total now)
EDIT: Adding.
Sold NVDA NOV 4 2022 135.0 Put @ 6.10
TQQQ Put rolled down
Bought to close 1 TQQQ Oct 28 2022 21.0 Put at $0.62. Sold last week on another rolldown at $2.24.
Sold 1 TQQQ Nov 04 2022 19.5 Put at $0.73 for an $0.11 Credit.
Hopefully this one will actually expire.
#smallbuy Buy HMLPpA @21.62 #dividends
#smallbuy
Buy HMLPpA @21.62
#dividends
CAT DVA GE TT XYL Stock
Culling some more of my lower dividend payers at gains.
Sold my tiny CAT position at $$210.15. Bought on 02/24/2022 at $182.00
Sold my DVA position just slightly above my average breakeven at $99.35
Sold my GE position just slightly above my average breakeven at $77.50
Sold the rest of my TT at $157.35. Bought on 06/16/2022 at $121.93
Sold the rest of my XYL at $100.21. Bought on 03/07/2022 at $82.70
#FormerFallingKnife #RaisingCash
#spy sell 4 NOV 2022…
#spy
sell 4 NOV 2022 368 PUT @2.15
#afterhours
AMZN Earnings
#ShortPuts – MSFT and ADBE look good and TSLA going away on Friday so plenty of room to set up a starter in AMZN. Earnings tomorrow so I’ll add if it’s another down day.
Sold AMZN NOV 18 2022 100.0 Put @ 1.55
SPX 1-dte
#SPX1dte Sold to Open $SPX Oct 27th 3725/3745-3920/3940 condors for 1.60, SPX at 3833, IV 28%, deltas -.07 +.06
Expiring: Oct 26th 3740/3760-3935/3950, sold yesterday for 1.30
ETSY Stock
Culling some more of my no-dividend payers at gains.
Sold all my ETSY position just slightly above my average breakeven at $106.00.
#FormerFallingKnife #RaisingCash
ISRG SPY XBI
#ShortPuts #CoveredCalls – A few.
ISRG:
Bought to Close ISRG OCT 28 2022 205.0 Put @ .05 (sold for 3.30)
SPY: A few on the morning dip.
Rolled SPY OCT 28 2022 369.0 Call to NOV 4 2022 372.0 Call @ .10 credit (2.05 total now)
Rolled SPY OCT 28 2022 370.0 Call to NOV 4 2022 373.0 Call @ .37 credit (4.15 total now)
Rolled SPY OCT 28 2022 370.0 Call to NOV 4 2022 373.0 Call @ .30 credit (3.75 total now)
Rolled SPY OCT 28 2022 371.0 Call to NOV 4 2022 374.0 Call @ .42 credit (3.30 toal now)
Rolled SPY OCT 28 2022 372.0 Call to NOV 4 2022 375.0 Call @ .61 credit (3.50 total now)
Rolled SPY OCT 28 2022 373.0 Call to NOV 4 2022 377.0 Call @ .15 credit (2.60 total now)
Sold SPY NOV 4 2022 371.0 Put @ 3.00
XBI: Worked last week but stopped out this week. Sold against twice as many puts.
Bought to Close XBI OCT 28 2022 81.5 Calls @ 1.75 (sold for 1.00)
GOOGL BUPS
#bups
$GOOGL STO 11/18 85/94 BUPS at 1.54
XBI Call Roll / GOOGL Put
#coveredcalls
$XBI BTC 10/28 82.5 call and STO 11/4 84 call at added credit of .33 and $1.50 more if called away. Taken in $4 so far.
#shortputs
$GOOGL STO 10/28 95 put at 1.22
XBI,
STO November 11, 75 put at .85
The chart looks like a volatility squeeze so sold a small amount.
TNA and TQQQ Calls
Sold TNA Oct 28 2022 35.0 Calls at $0.73 and $0.79
Sold 1 TNA Oct 28 2022 35.5 Call at $0.76
Sold TNA Oct 28 2022 37.0 Calls at $0.30
Sold 1 TNA Oct 28 2022 37.5 Call at $0.21
Sold TQQQ Oct 28 2022 24.0 Calls at $0.25
VXX and UVXY Puts
Sold UVXY Oct 28 2022 11.0 Puts at $0.07 and $0.10
Sold VXX Oct 28 2022 19.0 Puts at $0.07, $0.08 and $0.12
Sold VXX Oct 28 2022 19.5 Puts at $0.20
ISRG ROST DHI IEX ROK XYL Stocks
Culling some more of my no/low dividend payers at gains.
Sold all my ISRG position just slightly above my average breakeven at $231.03.
Sold my tiny ROST position at $90.70. Bought on 07/01/2022 at $69.44
Sold all my remaining DHI at $74.20 and $74.88. Bought on 04/07/2022 at $70.00 and on 05/11/2022 at $64.77
Sold my tiny IEX position at 210.90. Bought on 05/12/2022 at $181.40
Sold my tiny ROK position at $241.30. Bought on 05/10/2022 at $200.00
Sold half of my tiny XYL position at $97.45. Bought on 02/04/2022 at $88.00
#FormerFallingKnife #RaisingCash
SPX 1-dte
#SPX1dte Sold to Open $SPX Oct 26th 3740/3760-3935/3950 for 1.30, at 12 minutes after closing bell. Deltas -.07 +.04
This is broken wing, 20 points on puts, 15 on calls, due to limited strikes above 3950. Market moved on me after setting it up and getting filled ($MSFT and $GOOGL earnings), so deltas are skewed.
MSFT Earnings
#JadeLizards – Going with the lizard out in Nov monthly.
Sold MSFT NOV 18 2022 225.0/245.0/250.0 Jade Lizard @ 5.23
TBT
#SyntheticStock #SyntheticCoveredCalls – Reloading. Selling against various Jan 2025 positions.
Sold TBT NOV 4 2022 34.0 Puts @ .32
Sold TBT NOV 4 2022 34.5 Puts @ .43
SPX 5-dte
#SPX5dte Bought to open $SPX Oct 28th 3825/3845-3855/3875 condors for 17.75. SPX was at 3838, these expire Friday so looking to be out by end of day Thursday.
FXI TBT
#SyntheticStock #SyntheticCoveredCalls – Keeping these short term weeklies on a short leash. Stopped out near even or with gains. Sold against various Jan 2025 positions.
Bought to Close FXI OCT 28 2022 22.0 Calls @ .48 (sold for .48)
Bought to Close TBT OCT 28 2022 34.0 Puts @ .09 (sold for .60)
Bought to Close TBT OCT 28 2022 36.0 Puts @ .50 (sold for .50)
SPXL,
STO November 4, 63 put at 3.30
BTO November 4, 63/73 call spread at 3.45
These are small trades and if they get close to my stop level I am out.
#smallbuy Buy EPD @24.45 #dividends
#smallbuy
Buy EPD @24.45
#dividends
SPX trades
#SPX1dte Sold to Open $SPX Oct 25th 3685/3710-3900/3925 condors for 1.80, SPX at 3801, IV 30%, deltas -.07 +.05
25-point wide due to limited strikes available above 3900.
TLT
#ShortStraddles – Another small one I’m messing around with. Rolling call side down to a straddle.
Rolled TLT NOV 18 2022 115.0 Calls to NOV 18 2022 100.0 Calls @ .59 credit (100 straddle @ 3.20 now)
FXI
#SyntheticStock #SyntheticCoveredCalls – Just a small position to have fun with. Synthetic stock with a disaster put and selling weeklies against.
Sold FXI JAN 17 2025 22.0 Puts // Bought FXI JAN 17 2025 22.0 Calls @ 1.14 credit (synthetic stock)
Bought FXI JAN 17 2025 12.0 Puts @ 1.69 (disaster puts)
Sold FXI OCT 28 2022 22.0 Calls @ .48
Net out of pocket of .07 per spread. Risk still to the downside but should easily cover that over next few months. Goal is a risk free position eventually.
MTDR Put
#shortputs
$MTDR STO 11/18 60 put at 2.15. Trying to oil the put engine. Earnings tomorrow
PFE Calls
#coveredcalls
$PFE STO 10/28 46.5 calls at .30
$PFE BTC 10/28 44.5 calls and STO 11/4 45.5 calls at cost of .20 but gain $1.00 if called away.
SPX 5-dte
#SPX5dte Sold to close $SPX Oct 25th 3640/3660-3670/3690 condors for 19.30. Bought for 17.75 on Thursday.
SPY TBT XBI
#CoveredCalls #CoveredPuts #ShortCalls #ShortPuts
SPY: Early on some sales and couldn’t quite get all the premium this week. Rolled a couple.
Bought to Close SPY OCT 21 2022 371.0 Call @ 1.75 (sold for 3.65)
Bought to Close SPY OCT 21 2022 372.0 Call @ 1.00 (sold for 3.75)
Bought to Close SPY OCT 21 2022 373.0 Call @ .52 (sold for 2.74)
Bought to Close SPY OCT 21 2022 374.0 Call @ .24 (sold for 2.46)
Bought to Close SPY OCT 21 2022 375.0 Call @ .05 (sold for 2.15)
Bought to Close SPY OCT 21 2022 375.0 Call @ .05 (sold for 2.10)
Bought to Close SPY OCT 21 2022 376.0 Call @ .05 (sold for 2.10)
Bought to Close SPY OCT 21 2022 377.0 Call @ .04 (sold for 2.45)
Bought to Close SPY OCT 28 2022 385.0 Call @ .53 (sold for 2.50)
Sold SPY OCT 28 2022 370.0 Call @ 3.43
Sold SPY OCT 28 2022 370.0 Call @ 3.78
Sold SPY OCT 28 2022 371.0 Call @ 2.90
Sold SPY OCT 28 2022 372.0 Call @ 2.90
Sold SPY OCT 28 2022 373.0 Call @ 2.46
Sold SPY OCT 28 2022 380.0 Call @ 2.60
Sold SPY OCT 28 2022 381.0 Call @ 2.30
Sold SPY OCT 28 2022 382.0 Calls @ 2.00
Rolled SPY OCT 21 2022 365.0 Call to OCT 28 2022 369.0 Call @ .15 credit (2.10 total now)
Rolled SPY OCT 21 2022 365.0 Call to NOV 4 2022 374.0 Call @ .30 credit (2.25 total now)
Rolled SPY OCT 21 2022 365.0 Call to NOV 4 2022 374.0 Call @ .32 credit (6.35 total now)
TBT: Selling against synthetic short stock.
Sold TBT OCT 28 2022 36.0 Puts @ .50
XBI: Call sales either covered or against short puts. Put rolling also.
Bought to Close XBI OCT 21 2022 77.5 Calls @ .70 (sold for 2.65)
Sold XBI OCT 28 2022 78.0 Call @ 1.52
Sold XBI OCT 28 2022 78.5 Calls @ 1.88
Rolled XBI OCT 21 2022 80.0 Put to OCT 28 2022 80.0 Put @ .79 credit (4.50 total now)
Rolled XBI OCT 21 2022 81.0 Put to OCT 28 2022 81.0 Put @ .57 credit (4.47 total now)
Rolled XBI OCT 21 2022 81.5 Puts to OCT 28 2022 81.5 Puts @ .45 Credit (3.45 total now)
Rolled XBI OCT 21 2022 82.0 Put to OCT 28 2022 82.0 Put @ .40 credit (3.45 total now)
Rolled XBI OCT 21 2022 82.5 Put to OCT 28 2022 82.5 Put @ .35 credit (3.45 total now)
SPX 1-dte
#SPX1dte Sold to Open $SPX Oct 24th 3625/3645-3855/3875 condors for 1.55, SPX at 3753, IV 20%, deltas -.06 +.06
SPX stopped
#SPX1dte Bought to close $SPX Oct 21st 3755/3775 call spreads for .90. Condors sold yesterday for 1.35.
#smallbuy Buy GLOGpA @24.05 #dividends
#smallbuy
Buy GLOGpA @24.05
#dividends
GNRC,
STO January 80 put at 3.41
ARKK NVDA SPY TBT TLT TQQQ
#ShortPuts #ShortCalls #CoveredCalls #SyntheticShortStock – A little bit of everything.
ARKK: Another round.
Bought to Close ARKK OCT 21 2022 38.5 Calls @ .05 (sold for 1.04)
Sold ARKK NOV 11 2022 38.0 Calls @ 1.43
NVDA: Adding one against some over written calls.
Sold NVDA OCT 28 2022 130.0 Put @ 6.40
SPY: A couple.
Bought to Close SPY OCT 21 2022 378.0 Call @ .05 (sold for 2.20)
Bought to Close SPY OCT 21 2022 380.0 Call @ .05 (sold for 2.81)
Sold SPY OCT 28 2022 375.0 Call @ 2.20
TBT: Working down the basis on 2025 long LEAP puts and now adding synthetic short stock.
Sold TBT JAN 17 2025 36.0 Calls – Bought TBT JAN 17 2025 36.0 Puts @ .55 credit
TLT: Roll down for additional credit.
Rolled TLT NOV 4 2022 105.0 Calls to NOV 4 2022 100.0 Calls @ .47 credit (1.87 total now)
TQQQ: Stopped out for 50 percent and immediately sold the following week.
Bought to Close TQQQ OCT 21 2022 21.0 Calls @ .30 (sold for .60)
Sold TQQQ OCT 28 2022 23.0 Calls @ .36
XBI: Sold against short puts.
Bought to Close XBI OCT 21 2022 82.0 Calls @ .05 (sold for 1.10 and 1.51)
Sold XBI OCT 28 2022 81.5 Calls @ 1.00
SPX trades
#SPX5dte Bought to Open $SPX Oct 25th 3640/3660-3670/3690 condors for 17.75. First one of these I’ve done in a few weeks because volatility has made them too expensive. Here I’m only going 3 trading days out (Tuesday) so I can keep price under 18.00.
1-dte trades to follow in comments
ISRG SPY TBT
#CoveredCalls #ShortPuts – A little of everything.
ISRG: I got too bearish selling a covered call below my basis. Instead of rolling the call I’ll let the stock go at 180 (basis 192) and continue put selling. Should get to even or better much quicker.
Sold ISRG OCT 28 2022 205.0 Put @ 3.30
SPY: Rolling down a few covered calls for additional credit.
Rolled SPY OCT 21 2022 379.0 Call to OCT 21 2022 365.0 Call @ 4.05 credit (6.05 total now)
Rolled SPY OCT 21 2022 380.0 Call to OCT 21 2022 371.0 Call @ 1.90 credit (3.65 total now)
TBT: Might as well start reducing basis of my Jan 2025 long puts. Should easily have them paid for months and months before expiration. Will slowly add using put sale premium to build a bigger position. An additional hedge for the short puts getting run over at some point is a decent size long TLT position.
Sold TBT OCT 28 2022 34.0 Puts @ .60
SPX 1-dte
#SPX1dte Sold to Open $SPX Oct 20th 3565/3585-3785/3805 condors for 1.50, SPX at 3687, IV 32.1%, deltas -.06 +.06
Expiring: Oct 19th 3600/3620-3770/3790 condors, sold this morning for 1.55.
#smallbuy Buy SVOL @20.79 #dividends
#smallbuy
Buy SVOL @20.79
#dividends
#smallbuy buy DX @11.80 #dividends
#smallbuy
buy DX @11.80
#dividends
NFLX BUPS Close
SPX-1dte
#SPX1dte So much for this Risk/Reversal crap… i thought we’d get more of a rally here, especially with good earnings news. But I’ve been thoroughly bitch-whipsawed this week.
Sold to open $SPX (same day) Oct 19th 3600/3620-3770/3790 condors for 1.55, SPX at 3698, deltas -.06 +.07
SPX 1-dte
#SPX1dte I am still bullish for more move higher. I’m trying a risk/reversal again, placed after the close then immediately helped by $NFLX blowout…
Sold to Open $SPX Oct 19th 3635/3615 put spreads
Bought to Open $SPX Oct 19th 3820/3840 call spreads
Net DEBIT -.40.
Covered Calls Rolled
#coveredcalls
$PFE BTC 10/21 44 call and STO 10/28 44.50 call at added credit of .06 plus the extra .50 if called away
$RTX BTC 10/21 88 call and STO 10/28 90 call at added credit of .17 plus the extra 2.00 if called away
$BAC BTC 10/21 34.50 call and STO 10/28 35 call at added credit of .07 plus the extra .50 if called away
SPX 1 DTE
#spx1dte
$SPX STO 10/18 3610/3590 / 3820/3840 for $1.35 $SPX at 3714
SOXL XBI
#CoveredCalls #ShortCalls – A few more.
SOXL: Another round.
Bought to Close SOXL OCT 21 2022 10.0 Calls @ .01 (sold for .27)
Sold SOXL OCT 28 2022 9.0 Calls @ .21
XBI: Adding. Sold against short puts.
Sold XBI OCT 21 2022 82.0 Call @ 1.51
ADBE NVDA
#ShortPuts #CoveredCalls – A few.
ADBE: Hopping off this rollercoaster now.
Bought to Close ADBE OCT 21 2022 280.0 Put @ .90 (sold for 5.10)
ADBE: Jumping back on for another ride: 🙂 🙂
Sold ADBE NOV 18 2022 270.0/310.0/315.0 Jade Lizard @ 7.35
NVDA: For safety taking off some of the overwrites.
Bought to Close NVDA OCT 21 2022 130.0 Calls @ .50 (sold for 1.20)
SPX risk/reversal
#SPX1dte #RiskReversal Definitely late to game but I think we will go higher into close.
Sold $SPX Oct 18th 3675/3655 put spreads
Bought Oct 18th 3815/3835 call spreads
Net CREDIT +.05
Deltas -.07 +.07
SPX stopped
#SPX1dte Not a fun thing to wake up to. Earlier, in pre-market, bought to close $SPX Oct 18th 3770/3790 call spreads for 6.00. That’s my biggest hit since June 24th. I really do not know what I was thinking yesterday, since it was an obvious day to play directionally to upside. I will consider a same day trade after the open.
SPX 1-dte
#SPX1dte Sold to Open $SPX Oct 18th 3565/3585-3770/3790 condors for 1.55, SPX at 3685, deltas -.06 +.06
Expiring: Oct 17th 3575/3595-3740/3760 condors, sold this morning for 1.20 after being stopped out of first one.
SLB,
STO December 16, 35 put at .95, staying small but bored with this market.
NVDA TLT
#CoveredCalls – Closed some scraps to make room for new sales on the little pop this morning.
NVDA: A few.
Bought to Close NVDA OCT 21 2022 130.0 Calls @ .37 (sold for 1.15)
Bought to Close NVDA OCT 21 2022 135.0 Calls @ .14 (sold for 1.60)
Sold NVDA OCT 28 2022 130.0 Calls @ 1.27
Sold NVDA OCT 28 2022 130.0 Calls @ 1.40
TLT: Another synthetic dividend.
Bought to Close TLT OCT 21 2022 106.0 Calls @ .03 (sold for 1.40)
Sold TLT NOV 4 2022 105.0 Calls @ .50
BAC BX RTX TTD Covered Calls
#coveredcalls
$BAC STO 10/21 34.5 calls at .25
$BX STO 10/21 95 calls at .40
$RTX STO 10/21 88 calls at .31
$TTD STO 10/21 60 calls at .42
SPX stopped
#SPX1dte Bought to close $SPX Oct 17th 3700/3720 call spreads for 4.20. Condors sold for 1.30 on Friday. Looks like I picked the wrong day for my Risk/Reversal.
SPX 1-dte
#SPX1dte Sold to Open $SPX Oct 17th 3420/3460-3700/3720 condors for 1.30, SPX at 3595, deltas -.05 +.07
SPY TSLA XBI
#CoveredCalls #ShortCalls #ShortPuts – A little bit of everything.
SPY: Rolled down for additional credit and added.
Rolled SPY OCT 21 2022 380.0 Call to OCT 21 2022 372.0 Call @ 2.00 credit (3.75 total now)
Sold SPY OCT 28 2022 385.0 Call @ 2.50
TBT: Added
Bought to Open TBT JAN 17 2025 30.0 Put @ 6.50
TSLA: Didn’t really want to hold through earnings but here we are. Rolled down and added max protection call spreads (2 call spreads per 1 short put) for a slightly inverted Jade Lizard. No profit but no risk to the upside and taking more downside help instead.
Rolled TSLA OCT 14 2022 220.0 Put to OCT 28 2022 205.0 Put @ .15 credit
Sold TSLA OCT 28 2022 200.0/205.0 Bear Call Spreads @ 3.00
Now 205/200/205 Jade Lizard @ 10.10
(1 put and 2 call spreads)
No idea what the name of this would be now. LOL
XBI: A little bit of everything. Rolling short puts, taking profits in short calls and reloading covered calls.
Rolled XBI OCT 14 2022 80.0 Put to OCT 21 2022 80.0 Put @ 1.68 credit (3.72 total now)
Rolled XBI OCT 14 2022 81.0 Put to OCT 21 2022 81.0 Put @ 1.35 credit (3.91 total now)
Rolled XBI OCT 14 2022 81.5 Put to OCT 21 2022 81.5 Put @ 1.20 credit (3.00 total now)
Rolled XBI OCT 14 2022 82.0 Put to OCT 21 2022 82.0 Put @ 1.05 credit (3.05 total now)
Rolled XBI OCT 14 2022 82.5 Put to OCT 21 2022 82.5 Put @ .90 credit (3.10 total now)
Rolled XBI OCT 14 2022 83.0 Put to OCT 21 2022 83.0 Put @ .77 credit (3.12 total now)
Bought to Close XBI OCT 14 2022 83.0 Calls @ .01 (sold for 1.00)
Bought to Close XBI OCT 14 2022 79.0 Calls @ .05 (sold for 3.20)
Sold XBI OCT 21 2022 77.5 Calls @ 2.65
SPX R/R
When you are long one of these spreads, you are faced with decisions all day long (and even all night long with $SPX)… when to exit? With a small profit? Or wait for a bigger one.
Being short is easier.. if stop is hit, GET OUT.
Last night at 9:30pm Pacific I could have taken profits on call spread by selling at 2.50. I instead put in an order for 4.00, thinking we’d edge higher over night. Instead, we dropped. Then after the open, I put in a new sell order for 1.50… the opening spike got me to 1.35, so no fill. Now we have collapsed, and likely profit will be zero. Only hope is whatever volatility just spiked us down will be seen as a buying opportunity like yesterday’s morning was.
Still, successful week with 4 wins, 1 likely breakeven (today) for total profit of 4.85.
SPX 1-dte
#SPX1dte #RiskReversal Bullish into tomorrow, so playing for more upside. When SPX at 3668:
Sold to Open $SPX Oct 14th 3550/3530 put spreads, delta -.07
Bought to Open $SPX Oct 14th 3785/3805 call spreads, delta +.05
Options Bistro 