Daily Archives: Monday, October 10, 2022
Stocks
After the noon leg down in the markets, some tiny buys:
Bought VFC at $28.35 Div = 6.90%
Bought STX at $52.00 Div = 5.20%
Bought LUMN at $6.50 Div = 14.90% (divvy probably not sustainable)
Bought DLR at $90.00 Div = 5.27%
and finally
Bought QQQ at $264.29 (a new 2-year low I believe)
VXX Call Ladder and New Put Spread
Sold VXX Oct 14 2022 23.5 Calls at $0.40
Sold VXX Oct 14 2022 24.0 Calls at $0.34
Sold VXX Oct 14 2022 24.5 Calls at $0.29
Sold VXX Oct 14 2022 25.0 Calls at $0.26
Sold VXX Oct 14 2022 25.5 Calls at $0.22
Bought VXX Dec 16 2022 13.0 Puts at $0.07
Sold to Open VXX Oct 14 2022 20 Puts at $0.16 for a $0.09 Credit for the first week.
Long DTE = 67
Short DTE = 4
#VXXContango
SPX 1-dte
#SPX1dte At 27 minutes into trading, sold to open $SPX 3545/3565-3690/3710 condors for 1.45. Deltas -.06 +.06
My first day on the new show so depending on my schedule, my trading and posting will be more limited.
SOXL TQQQ TNA UVXY
Random trades on the open:
Sold to close excess long SOXL Oct 14 2022 8.0 Puts at $0.29. Bought on 09/13 at $0.26 and they were free after the first week’s write against them
Sold SOXL Oct 14 2022 8.5 Puts at $0.41.
Sold to close 1 excess long TQQQ Oct 14 2022 20.0 Put at $1.35. Bought on 09/13 at $0.80.
Sold TNA Oct 14 2022 36.0 Calls at $0.16
Sold TNA Oct 14 2022 34.5 Calls at $0.43
Sold to close excess long UVXY Oct 14 2022 15.0 Calls at $0.35 Bought on 09/20 at $0.32 and they were free after the first week’s write against them.
Earnings
Earnings season is upon us. Does anyone still play options prior to earnings?
Options Bistro 