Putting some of the proceeds from my NFLX sale from yesterday back to work today
Bought a tiny bit of CMA at $65.50. Div = 4.02%
Bought a tiny bit of NTRS at $77.50. Div = 3.77%
#SP500 #FallingKnife
Daily Archives: Thursday, October 20, 2022
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
SPY Put Spread
Bought to Open 1 SPY Nov 11 2022 320.0 Put at $0.99
Sold to Open 1 SPY Oct 24 2022 358.0 Put at $1.17 for a $0.18 Credit
The short expires Monday and can be rolled if necessary.
#OnlySpreads
KOLD Call
Rolled 1 KOLD Oct 21 2022 24.0 Covered Call up to 1 KOLD Nov 18 2022 34.0 Covered Call at $0.97 Credit
A whopping 10 point improvement in the short strike
SLV SPY Puts
Bought to close SLV Oct 21 2022 16.5 Diagonal Puts at $0.01. Sold on Monday at $0.20
Sold some SLV Oct 21 2022 17.0 Puts at $0.06 for some additional premium if they expire tomorrow
#DoubleDip
Sold 1 SPY Oct 21 2022 363.0 Put at $0.54. Expires tomorrow
Replaces the SPY Oct 19 2022 364.0 Put that expired yesterday.
#DoubleDip #OnlySpreads
SOXL Put
Early assignment on some short SOXL 10.5 Puts.
Adjusted stock cost after the put premium is $7.19
Sold SOXL Oct 21 2022 8.5 Covered Calls at $0.19 for a quick hit. Expires tomorrow.
Edit:
Also sold SOXL Oct 21 2022 9.0 Calls at $0.06 and $0.09
Options Bistro 