OptionsExpiration

Going into next week with almost no short option positions (Just a few puts in SOXL and TQQQ and one UVXY and VXX short call position.) That just means I didn’t have much to roll out.

Expired:
LABU 14/9 Bear Call Spreads
LABU 8.5 Covered Calls
LABU 8.0 Diagonal Calls
SOXL 12.5 Covered Calls
SOXL 7.0/8.5 Bull Put Spreads
TNA 53/36 Bear Call Spread
TNA 52/35.5 Bear Call Spread
TNA 51/35.5 Bear Call Spread
TNA 35/34.5/34 Diagonal Calls
TNA 33.0 Covered Calls
TNA 30.0 Diagonal Put
TQQQ 39/25 Bear Call Spreads
TQQQ 25/24.5/24 Diagonal Calls
TQQQ 23.5 and 23.0 Covered Calls
UVXY 19/16 Bear Call Spreads
UVXY 16/15/13 Diagonal Calls
UVXY 10.5 Diagonal Puts — #UVXYContango
VXX 22.0 Diagonal Calls
VXX 19.5 Diagonal Puts — #VXXContango
VXX 19.0 Diagonal Puts — #VXXContango
VXX 18.5 Diagonal Puts — #VXXContango

Assignments: None

VXX and UVXY Calls

Bought to close UVXY Oct 07 2022 12.5 Calls at $0.23. Sold on a rollup last Friday at $0.63
Sold to Open UVXY Oct 14 2022 15.5 Calls at $0.30 for a $0.07 Credit and pushed the short strike up 3 points.
My short UVXY 13.0, 15.0 and 16.0 Call for this week are about to expire

For next week:
Sold VXX Oct 14 2022 23.0 Diagonal Puts at $0.45.
My short VXX 22.0 Calls and a whole lot of short VXX Puts for this week are about to expire

SOXL Puts

Bought to close SOXL Oct 07 2022 9.5 Puts at $0.41. Sold on a roll last Friday at $0.95
Sold to Open SOXL Oct 14 2022 8.5 Puts at $0.43 for a $0.02 Credit and a point lower on the strike.

Sold SOXL Oct 14 2022 7.5 Diagonal Puts at $0.14
#OnlySpreads

NVDA SPY XBI

#ShortPuts #CoveredCalls – A little bit of both.

NVDA: Another round.

Bought to Close NVDA OCT 7 2022 130.0 Calls @ .05 (sold for 2.00)

Sold NVDA OCT 14 2022 133.0 Calls @ .95
Sold NVDA OCT 21 2022 135.0 Calls @ 1.60

SPY: Another round. Nice VIX pop this week. Premiums are better than last week for similar strikes even on a big down day.

Bought to Close SPY OCT 7 2022 369.0 Call @ .05 (sold for 4.85)
Bought to Close SPY OCT 7 2022 370.0 Call @ .05 (sold for 2.71)
Bought to Close SPY OCT 7 2022 372.0 Call @ .05 (sold for 2.20)
Bought to Close SPY OCT 7 2022 373.0 Call @ .05 (sold for 3.81)
Bought to Close SPY OCT 7 2022 374.0 Call @ .05 (sold for 1.95)
Bought to Close SPY OCT 7 2022 375.0 Call @ .05 (sold for 3.05)
Bought to Close SPY OCT 7 2022 375.0 Call @ .05 (sold for 3.15)
Bought to Close SPY OCT 7 2022 376.0 Call @ .05 (sold for 1.50)
Bought to Close SPY OCT 7 2022 377.0 Calls @ .05 (sold for 1.38)

Sold SPY OCT 14 2022 374.0 Call @ 2.20
Sold SPY OCT 14 2022 375.0 Calls @ 1.95
Sold SPY OCT 14 2022 375.0 Call @ 2.95
Sold SPY OCT 14 2022 376.0 Call @ 2.60
Sold SPY OCT 14 2022 377.0 Call @ 2.30
Sold SPY OCT 14 2022 378.0 Calls @ 2.00
Sold SPY OCT 14 2022 379.0 Calls @ 1.10

XBI: Roll and add.

Rolled XBI OCT 7 2022 79.0 Calls to OCT 14 2022 81.0 Calls @ .10 credit (2.60 total now)

Rolled XBI OCT 7 2022 81.0 Put to OCT 14 2022 81.0 Put @ 1.70 credit (3.95 total now)

Sold XBI OCT 14 2022 80.0 Put @ 2.04

Stocks

Tiny afternoon buys at new lows
MAA at $145.00 Div = 3.33%
CCI at $135.00 Div = 4.27%
INTC at $25.73 Div = 5.37%
#SP500 #FallingKnife

FED,

The new York FED, Williams, said that they ae shrinking their balance sheet rapidly and that long term interest rates are too low.

SPX stopped

#SPX1dte Stopped out of put side for 2.60. Let’s pretend today never happened.

#smallbuy Buy RYLD @ 19.06…

#smallbuy

Buy RYLD @ 19.06
Buy DJIA @20.90
Buy CLM @8.98
Buy CRF @8.58

#dividends

Stocks

Tiny buys of dividend payers at new lows.
PARA at $18.79 Div = 5.02%
CL at $69.00 Div = 2.70%
PEAK at $22.00 Div = 5.31%
UDR at $38.62 Div = 3.82%
DUK at $90.00 Div = 4.43%
AVB at $175.00 Div = 3.58%
IFF at $89.00 Div = 3.58%
AMT at $198.53 Div = 2.91%
WBA at $31.00 Div = 5.95%
#SP500 #FallingKnife

SOXL TNA Put Rolldowns

Bought to close 1 TNA Oct 07 2022 32.0 Put at $0.57. Sold last week on a roll at $2.95
Sold to Open 1 TNA Oct 14 2022 30.0 Put at $1.01 for a $0.44 Credit and lowered the strike 2 points.

Bought to close SOXL Oct 07 2022 11.0 Puts at $0.84. Sold last week on a roll at $1.68.
Sold to Open SOXL Oct 14 2022 10.5 Puts at $0.86 for a $0.02 Credit and lowered the short strike $0.50.

I have short call in both expiring tonight.
#OnlySpreads

SPX 1-dte

#SPX1dte Driving in Northern California, managed to listen to CNBC coverage of Jobs Report on TuneIn radio, now stopped at a supercharger so I placed a trade.

#SPX1dte In pre-market, sold to Open $SPX Oct 7th 3610/3630-3800/3820 condors for 1.55. IV 50%, deltas -.07 +.04. I built the trade with +/-.06, but by the time it executed the market spiked down a bit, which is why deltas are off balance.