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

#short

OptionsExpiration

SPY Oct 19 2022 364.0 Put (sold yesterday at $0.50)
#OnlySpreads

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.

HAS Stock

Added to my tiny HAS stock position at $65.00. Div = 4.26%
#SP500 #FallingKnife

VXX UVXY Calls

Sold VXX Oct 21 2022 21.5 Diagonal Calls at $0.18, $0.19 and $0.21.
Paired with short 20.50 Puts for a short 21.5/20.5 short strangle for this week

Sold VXX Oct 21 2022 22.0 Diagonal Calls at $0.11, $0.12, $0.13 and $0.14.
Paired with short 20.0 Puts for a short 22/20 short strangle for this week

Sold UVXY Oct 21 2022 14.0 Diagonal Calls at $0.05
Paired with short 12.0 Puts for a short 14/12 short strangle for this week.

All my long VXX Calls are now written against.

#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

#bups
$NFLX BTC 10/21 190/200 BUPS at .05. STO 9/15 at 1.85. Thank you @ramie77 for the trade

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

NFLX Stock

Liquidated all my lots of NFLX at $270.01. Bought this 6 times on the way down (lowest was $193.72 in late April), and sold about 6 points above my average breakeven point.
Not looking back 🙂
#FormerFallingKnife #RaisingCash