#SPX1dte Capping off a bad week with no overnight trade. I will consider a same-day trade after #Jobs report in the morning.
Daily Archives: Thursday, November 3, 2022
SPY
#CoveredCalls – And finally…
Bought to Close SPY NOV 4 2022 386.0 Call @ .05 (sold for 2.30)
Sold SPY NOV 11 2022 377.0 Call @ 3.95
SPY
#CoveredCalls – A couple more.
Bought to Close SPY NOV 4 2022 387.0 Calls @ .05 (sold for 2.45)
Sold SPY NOV 11 2022 378.0 Call @ 3.76
Sold SPY NOV 11 2022 383.0 Call @ 2.25
AMZN SOXL SPY TQQQ
#CoveredCalls #SyntheticStock – A few today.
AMZN: Added to Jan 2025 synthetic stock with disaster put and sold weekly against.
Bought Jan 2025 100/100/55 Sold NOV 11 2022 95 Call @ 2.60 and 2.65 debit
Also:
Sold AMZN NOV 11 2022 96.0 Calls @ 1.42 replacing this week’s
SOXL: Another round.
Bought to Close SOXL NOV 4 2022 10.0 Calls @ .01 (sold for .23)
Sold SOXL NOV 18 2022 9.5 Calls @ .36
SPY: A couple adds.
Sold SPY NOV 11 2022 378.0 Call @ 3.70
Sold SPY NOV 11 2022 381.0 Call @ 3.06
TQQQ: Another round.
Bought to Close TQQQ NOV 4 2022 22.5 Calls @ .01 (sold for .50)
Sold TQQQ NOV 11 2022 19.5 Calls @ .41
IIPR,
STO December 16, 110 put at 7.80 earlier today. I continue to sit on a lot of cash and bought Feb. 21 treasury bill this morning because the FED is not done yet. I admit it is very boring.
@spy rolled spy nov 4,…
@spy
rolled spy nov 4, 385 put to nov 11th 385 put credit 1.95 (12.75 now)
#kickthecan
#smallbuy Buy NUSI @18.86 Buy…
#smallbuy
Buy NUSI @18.86
Buy XRMI @20.95
#dividends
Stocks
Added a tiny bit of NWL at $12.61 Div = 7.1%
Added a tiny bits of PARA at $16.70 and $16.20 Div = 5.7%
Added a tiny bit of NEM at $38.20 Div= 5.56%
Added a tiny bit of LNC at $36.17 Div = 3.45%
Added a tiny bit of WU at $12.33 Div = 7.2%
Started a new position in MSFT at $219.13 even though it is a low dividend payer at 1.23%
#SP500 #FallingKnife
Sold All my tiny position in PNW at $69.44.
Bought on 10/29/2021 at $65.00 and on 10/12/2022 at $60.00
#FormerFallingKnife
TQQQ SOXL SPY UVXY
One day scalps:
Sold TQQQ Nov 04 2022 16.5 Puts at $0.15
Sold SOXL Nov 04 2022 7.0 Puts at $0.08
Sold 1 SPY Nov 04 2022 364.0 Put at $0.94
Bought 1 SPY Nov 25 2022 325.0 Put at $0.48 for a $0.46 Credit
Sold UVXY Nov 04 2022 10.5 Calls at $0.15
SPX stopped
#SPX1dte BTC $SPX 3685/3665 put spreads for 3.10. Condors sold for 1.30 yesterday.
In retrospect, it was a bad trade. The market was plummeting into the close, but the IV for today’s option chain was low, and my wings were not far enough OTM. I also sold a few minutes before the close, so the last drop of the day pushed me closer to my put strike. I should have waited until after the closing bell, or even considered a bearish risk/reversal since such a bad drop in the final half-hour usually means we will open next day lower.
Options Bistro 