#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
Daily Archives: Thursday, October 13, 2022
TQQQ,
I am noticing that the SPXL is out performing the TQQQ so when I get involved again, I will be trading that ETF but one day of a rally does not make a trend for me.
/ES ISRG NVDA SPY
#CoveredCalls #Futures – Crazy day.
/ES: Decent gains. Glad I didn’t wait to close it.
Sold /ES 3600/3550/3500 Put Butterflies @ 10.25 and 11.00 (bought for 7.00)
ISRG: Early assignment and too early on this sale. Earnings next week.
Sold ISRG OCT 21 2022 185.0 Call @ 5.20
NVDA: Lots of overwrites on this one. Taking a few more off.
Bought to Close NVDA OCT 14 2022 133.0 Calls @ .01 (sold for .95)
Bought to Close NVDA OCT 14 2022 135.0 Calls @ .01 (sold for 1.40)
SPY: Stopped out to the upside on a few and closing a few for safety. Re-loading next week.
Bought to Close SPY OCT 14 2022 365.0 Calls @ 2.80 (sold for 4.40)
Bought to Close SPY OCT 14 2022 370.0 Calls @ .88 (sold for 3.05)
Bought to Close SPY OCT 14 2022 370.0 Calls @ 1.05 (sold for 2.65)
Bought to Close SPY OCT 14 2022 374.0 Call @ .30 (sold for 2.20)
Bought to Close SPY OCT 14 2022 375.0 Call @ .23 (sold for 2.95)
Bought to Close SPY OCT 14 2022 375.0 Call @ .25 (sold for 1.95)
Bought to Close SPY OCT 14 2022 376.0 Call @ .17 (sold for 2.60)
Sold SPY OCT 21 2022 365.0 Calls @ 1.95 (uugh waaay too early)
Sold SPY OCT 21 2022 373.0 Call @ 2.74
Sold SPY OCT 21 2022 374.0 Call @ 2.46
Sold SPY OCT 21 2022 375.0 Call @ 2.10
Sold SPY OCT 21 2022 375.0 Call @ 2.15
Sold SPY OCT 21 2022 376.0 Call @ 2.10
Sold SPY OCT 21 2022 377.0 Call @ 2.45
Sold SPY OCT 21 2022 378.0 Call @ 2.20
Sold SPY OCT 21 2022 379.0 Call @ 2.00
Sold SPY OCT 21 2022 380.0 Calls @ 1.75
#smallbuy Buy OXLC @5.20 #dividends
#smallbuy
Buy OXLC @5.20
#dividends
LABU VXX TLRY SOXL
Starting in on next week:
Sold LABU Oct 21 2022 8.5 Covered Calls at $0.16
Sold VXX Oct 21 2022 19.5 Puts at $0.21 (one final write against already long Oct 21st long puts)
#VXXContango
For tomorrow:
Sold TLRY Oct 14 2022 3.5 Covered Calls at $0.04
Sold SOXL Oct 14 2022 8.5 Covered Calls at $0.12
PFE BX ENPH Covered Calls
#coveredcalls
$PFE STO 10/14 43.5 call at .13
$BX STO 10/14 89 call at .20
$ENPH STO 10/14 260 call at 1.39
Stocks
On a sharp down open you knew I would do some more tiny buys:
Bought SWK at $72.00 Div = 4.22%
Bought PNC at 143.79 Div = 4.11%
Bought LRCX at 302.09 Div = 2.13%
Bought TROW at $94.00 Div = 4.89%
#SP500 #FallingKnife
Also added to these:
Bought SPY at $349.43
Bought QQQ at $255.19
SPY SLV SOXL TNA
Not doing too much on the open, but a few things filled:
Bought SLV Nov 11 2022 15.0 Puts / Sold SLV Oct 14 2022 17.0 Puts at $0.02 Credit
Bought SOXL Nov 18 2022 4.0 Puts / Sold SOXL Oct 14 2022 6.5 Puts at $0.03 Credit
Bought 1 SPY Nov 02 2022 300.0 Put at $0.69
Sold 1 SPY Oct 19 2022 335.0 Put at $1.35 for a $0.66 Credit
Sold to close 1 extra long TNA Oct 21 2022 26.0 Put at $0.98
Bought on 09/19 as the long side of a diagonal put spread at $0.60. The short side was rolled then expired last Friday. #WinWin
#smallbuy Buy OAKpA @23.05 #dividends…
#smallbuy
Buy OAKpA @23.05
#dividends =7.05%
SPX closed for safety
#SPX1dte Closed $SPX Oct 13th 3400/3380 put spread for .10. Condors sold yesterday for 1.25. I will let calls expire.
My job looks like it will afford enough access to my computer that I can continue trading semi-regularly, at least until end of November when we begin shooting. The show I am working on is the third season of “Hacks,” produced by NBC/Universal for HBO.
It will mean I will be closing one or both sides for safety more often than I normally do, so I can be risk-off for remainder of day.
CPI higher than expected (hoped)
Consumer prices rose 0.4% in September and were up 8.2% from a year ago. Expectation was 0.2% increase.
$SPX set to open at new low for 2022, lowest levels since November 2020.
$VIX doesn’t seem to care much, at least in pre-market.
Options Bistro 