Option Iceman 6:37 am on Monday, November 14, 2022
Tags: FallingKnife ( 963 ), FormerFallingKnife ( 153 ), NoOptions, RaisingCash ( 83 ), SP500 ( 248 )

Stocks

Tiny trades:
Sold my EFX position at $199.42. Bought on 05/10/2022 at $194.93
Sold my TGT position at $176.13. Bought on 05/20/2022 at $151.00
Sold my CCL position at $10.50, just slightly above my average breakeven point. No Divvy.
Sold my CDAY position at $68.01, just slightly above my average breakeven point. No Divvy.

And finally, sold my highest cost lot of SPY at $400.04 . Bought on 06/16/2022 at $362.00

#FormerFallingKnife #RaisingCash

Added a tiny bit of D at $59.65. Div = 4.33%
#SP500 #FallingKnife

#nooptions

Jeff 4:23 pm on Friday, November 11, 2022
Tags: VIXIndicator ( 294 )

Missed it by THAT much

#VIXIndicator Almost got the Downside Warning canceled on Friday. Closed $VIX at 22.52, needed 22.49. Next week should tell us whether the near term direction will continue higher or reverse lower.

fuzzballl 3:29 pm on Friday, November 11, 2022
Tags: CoveredCalls ( 2,200 ), ShortPuts ( 4,763 ), SyntheticShortStock ( 108 ), SyntheticStock ( 356 )

MSFT NVDA SOXL SPY TBT TLT TQQQ XBI

#ShortPuts #CoveredCalls #SyntheticStock #SyntheticShortStock – An interesting week. Lots of SPY covered call rolls and very nice profits on aggressive NVDA short puts. Another fun week with a little bit of eveything.

MSFT: Taking it a week early.

Bought to Close MSFT NOV 18 2022 225.0 Put @ .33 (sold for 4.40)

NVDA: Earnings next week. Staying aggressive on the put side against in the money covered calls.

Bought to Close NVDA NOV 11 2022 150.0 Put @ .05 (sold for 6.80)
Bought to Close NVDA NOV 11 2022 155.0 Puts @ .01 (sold for 14.20 and 9.15)

Sold NVDA NOV 18 2022 165.0 Put @ 10.15

Balancing out overall position slightly with earnings next week.

Bought to Close 1 NVDA NOV 18 2022 140.0 Call and Sold 2 NVDA NOV 18 2022 167.5 Puts @ 1.50 credit

SOXL: Sold against 2024 and 2025 long calls.

Rolled SOXL NOV 18 2022 9.5 Calls to DEC 16 2022 10.0 Calls @ .09 credit (.45 total now)

SPY: Got some decent rolls first thing this morning. One new sale and one assignment.

Sold SPY NOV 18 2022 390.0 Put @ 3.50

Stock called away @ 377.0 (366.0 basis and many calls sold against last few months)

Rolled SPY NOV 11 2022 378.0 Calls to NOV 18 2022 379.0 Calls @ .05 credit (3.80 and 6.65 total now)

Rolled SPY NOV 11 2022 381.0 Call to NOV 25 2022 384.0 Call @ even (3.05 total now)
Rolled SPY NOV 11 2022 382.0 Call to NOV 25 2022 385.0 Call @ .10 credit (3.60 total now)

Rolled SPY NOV 11 2022 379.0 Call to DEC 2 2022 383.0 Call @ even (3.75 total now)
Rolled SPY NOV 11 2022 379.0 Call to DEC 2 2022 383.0 Call @ .21 credit (4.50 total now)
Rolled SPY NOV 11 2022 380.0 Call to DEC 2 2022 384.0 Call @ .50 credit (2.85 total now)
Rolled SPY NOV 11 2022 380.0 Calls to DEC 2 2022 384.0 Calls @ .24 credit (3.75 and 6.75 total now)
Rolled SPY NOV 11 2022 381.0 Call to DEC 2 2022 385.0 Call @ .60 credit (4.45 total now)
Rolled SPY NOV 11 2022 382.0 Call to DEC 2 2022 387.0 Call @ .18 credit (3.85 total now)
Rolled SPY NOV 11 2022 383.0 Call to DEC 2 2022 388.0 Call @ .37 credit (2.65 total now)

Rolled SPY NOV 11 2022 377.0 Call to DEC 16 2022 385.0 Call @ even (2.45 total now)
Rolled SPY NOV 11 2022 378.0 Call to DEC 16 2022 386.0 Call @ .20 credit (3.90 total now)

TBT: Sold against synthetic short stock and 2025 long puts.

Rolled TBT NOV 11 2022 35.5 Puts to NOV 18 2022 35.0 Puts @ even (.60 total now)
Rolled TBT NOV 11 2022 36.0 Puts to NOV 25 2022 35.5 Puts @ .02 credit (.70 total now)

Bought to Close TBT NOV 11 2022 34.5 Puts @ .40 (sold for .33 stopped for small loss)

TLT: Covered and stopped at even.

Bought to Close TLT NOV 11 2022 97.5 Calls @ .45

TQQQ: Covered.

Rolled TQQQ NOV 11 2022 19.5 Calls to DEC 16 2022 21.0 Calls @ .16 credit (.55 total now)

XBI: Another good week in this one.

Bought to Close XBI NOV 11 2022 81.0 Put @ .05 (sold for 2.90)
Bought to Close XBI NOV 11 2022 81.5 Puts @ .05 (sold for 3.05)

Sold XBI NOV 18 2022 82.0 Puts @ 1.20
Sold XBI NOV 18 2022 83.5 Puts @ 2.00

Rolled XBI NOV 11 2022 79.5 Calls to NOV 18 2022 80.5 Calls @ .05 credit (1.55 total now)

geewhiz112 1:43 pm on Friday, November 11, 2022
Tags: BUPS ( 400 ), OptionsExpiration ( 794 ), ShortPuts ( 4,763 )

MTDR SLB Puts Closed / NFLX BUPS Close / Expiration

#shortputs
$MTDR BTC 11/18 60 put at .20. STO at 2.14
$SLB BTC 12/16 35 put at .02. STO at.95 Thank you @jsd501

#bups
$NFLX BTC 11/18 230/240 BUPS at .30. STO at 1.85. Thank you @ramie77

#optionsexpiration

$PFE 48 call
$U 11 put
$SBUX 87 put
$AA 38 put

Option Iceman 1:10 pm on Friday, November 11, 2022
Tags: VXXContango ( 277 )

OptionsExpiration

Not much of a list as the strong market had me rolling most positions

EXPIRED:
SLV 14/19 Bull Put Spreads
SLV 15/19 Bull Put Spreads
SLV 19.0 Diagonal Puts

SOXL 7.0 Diagonal Puts

SPY 320/367 Bull Put Spread

TLRY 5.0 Covered Calls

TNA 41/40.5 Bear Call Spreads
TNA 44/42 Bear Call Spreads
TNA 50/44 Bear Call Spreads

TQQQ 15/15.5 Bull Put Spread
TQQQ 13/15.5 Bull Put Spread

UVXY 15/11 Bear Call Spreads
UVXY 10.5 Diagonal Calls

VXX 29/20 Bear Call Spreads
VXX 19.5 Diagonal Calls
VXX 19.0 Diagonal Calls
VXX 18.5 Diagonal Calls
VXX 16.5 Diagonal Puts — #VXXContango

Option Iceman 1:08 pm on Friday, November 11, 2022

LABU TNA TQQQ VXX Rolls

Rolled a bunch of short Calls up to next week and rolled VXX Puts down:
Bought to close VXX Nov 11 2022 17.0 Puts at $0.04
Sold to Open VXX Nov 18 2022 16.5 Puts at $0.19 for a $0.15 Credit.

Bought to close TQQQ Nov 11 2022 22.5 Calls at $0.18
Sold to Open TQQQ Nov 18 2022 24.0 Calls at $0.47 for a $0.29 Credit

Bought to close 1 TQQQ Nov 11 2022 22.0 Call at $0.66
Sold to Open 1 TQQQ Nov 18 2022 23.0 Call at $0.85 for a $0.19 Credit

Bough to close TQQQ Nov 11 2022 21.5 Covered Calls at $1.20
Sold to Open TQQQ Nov 18 2022 22.0 Covered Calls at $1.40 for a $0.20 Credit

Bought to close TNA Nov 11 2022 40.0 Covered Calls at $0.24
Sold to Open TNA Nov 18 2022 43.0 Covered Calls at $0.53 for a $0.29 Credit

Bought to close LABU Nov 11 2022 8.0 Covered Calls at $0.04
Sold to open LABU Nov 18 2022 9.0 Covered Calls at $0.15 for a $0.11 Credit

Jeff 12:43 pm on Friday, November 11, 2022
Tags: SPX1dte ( 1,714 ), SPX5dte ( 109 )

SPX 1-dte

#SPX1dte Sold to Open $SPX Nov 14th 3865/3885-4080/4100 condors for 1.40, SPX at 3995, deltas -.06 +.06, IV 17.34%

Expiring: Nov 11th 3865/3885-4040/4060 condors, sold this morning for 1.40.

#spx5dte

Option Iceman 9:51 am on Friday, November 11, 2022
Tags: UVXYContango ( 21 )

UXVY Puts

Bought to close UVXY Nov 11 2022 Diagonal 9.0 Puts at $0.01. Sold on a rolldown last Friday at $0.23 and as part of a new #UVXYContango spread on Monday at $0.21..

This was a large position so glad to be out in a strong market.

This leaves a large long UVXY Jan 20 2023 6.0 Put position fully paid for, with several months to write against it.

Option Iceman 8:19 am on Friday, November 11, 2022
Tags: FormerFallingKnife ( 153 ), RaisingCash ( 83 )

Stocks

Tiny trades for gains on the continuing rally.
Dumping some old no/low divvy stocks as well as gains on some others to lighten up.

I’ll be adding to the completed sales list throughout the day.

Sold RL at $97.76, $99.95 and $102.41
Sold KEY at $20.01
Sold IVZ at $19.55
Sold TFC at $46.65
Sold VTRS at $11.43
Sold DD at $70.00 and $71.27
Sold GPS at $11.89
Sold CZR at $53.00
Sold DFS at $111.28
Sold AMT at $224.34
Sold TER at $94.50
Sold EXPD at $109.65
Sold SBUX at $96.75
Sold COO at $321.00
Sold KSS at $31.75
Sold APTV at $112.50
Sold BAC at $38.57

#RaisingCash #FormerFallingKnife

Option Iceman 7:23 am on Friday, November 11, 2022

TQQQ puts

Bought to close 1 TQQQ Nov 11 2022 19.0 Put at $0.01. Sold on a rolldown last week at $1.66

Bought to close 1 TQQQ Nov 11 2022 24.0 Put at $1.79. Sold last Friday on a roll at $6.39
Sold to Open 1 TQQQ Nov 18 2022 23.5 Put at $1.84 for a $0.05 Credit

Option Iceman 6:51 am on Friday, November 11, 2022
Tags: OnlySpreads ( 521 ), WinWin ( 39 )

SOXL Calls

Sold an old long Call position:
Sold SOXL Nov 11 2022 12.5 Calls at $0.22. Bought at $0.17 and $0.18
#WinWin

Rolled short SOXL Nov 11 2022 11.5 Calls to SOXL Nov 18 2022 12.0 Calls at $0.02 Credit
Rolled short SOXL Nov 11 2022 11.0 Calls to SOXL Nov 18 2022 11.0 Calls at $0.20 Credit
Rolled short SOXL Nov 11 2022 10.5 Calls to SOXL Nov 18 2022 10.5 Calls at $0.13 Credit
#OnlySpreads

Jeff 6:14 am on Friday, November 11, 2022
Tags: SPX1dte ( 1,714 )

SPX same day

#SPX1dte In pre-market, sold to open $SPX Nov 11th 3865/3885-4040/4060 condors for 1.40. Deltas -.06 +.06

walter6871 2:00 pm on Thursday, November 10, 2022
Tags: CoveredCalls ( 2,200 ), labu ( 2 )

#coveredcalls #LABU Sto LABU 18…

#coveredcalls
#LABU
Sto LABU 18 NOV 2022 9 CALL @.09

walter6871 1:55 pm on Thursday, November 10, 2022
Tags: spy ( 18 )

#spy BTC 11 NOV 202…

#spy

BTC 11 NOV 202 385 PUT @.23 /#kickthecan a bunch /(total 12.52)
BTC SPY 11 NOV 2022 367 PUT @.03 /STO yesterday .97

reload for next drop

fuzzballl 12:12 pm on Thursday, November 10, 2022
Tags: ShortPuts ( 4,763 )

SPY

#ShortPuts – Hopefully re-load on some selling tomorrow.

Bought to Close SPY NOV 11 2022 380.0 Put @ .13 (sold for 9.65)

fuzzballl 11:31 am on Thursday, November 10, 2022
Tags: CoveredCalls ( 2,200 ), ShortPuts ( 4,763 ), SyntheticCoveredCalls ( 227 )

AMZN NVDA XBI

#ShortPuts #CoveredCalls #SyntheticCoveredCalls – A little bit of everything.

AMZN: Stopped out for some gains and a new sale against Jan 2025 synthetic stock.

Bought to Close AMZN NOV 11 2022 95.0 Calls @ 1.08 (sold for 1.08)
Bought to Close AMZN NOV 11 2022 96.0 Calls @ .65 (sold for 1.42)

Sold AMZN NOV 18 2022 100.0 Calls @ 1.35

NVDA: Staying aggressive.

Rolled NVDA NOV 11 2022 145.0 Puts to NOV 11 2022 155.0 Puts @ 2.65 credit (14.20 and 9.15 total now)

XBI: Rolling my highest strike puts. Still sitting on a few lower. Stopped out of naked calls.

Bought to Close XBI NOV 11 2022 84.0 Calls @ .24 (sold for .38)

Rolled XBI NOV 11 2022 82.5 Puts to NOV 18 2022 82.5 Puts @ .80 credit (3.70 total now)
Rolled XBI NOV 11 2022 83.0 Puts to NOV 18 2022 83.0 Puts @ .70 credit (3.70 total now)
Rolled XBI NOV 11 2022 84.0 Puts to NOV 18 2022 84.0 Puts @ .62 credit (3.65 total now)

walter6871 10:31 am on Thursday, November 10, 2022
Tags: CoveredCalls ( 2,200 ), soxl ( 20 )

#coveredcalls #soxl Sto SOXL 18…

#coveredcalls
#soxl
Sto SOXL 18 NOV 2022 13.5 CALL @.21
Sto SOXL 18 NOV 2022 14 CALL @.14

walter6871 10:25 am on Thursday, November 10, 2022
Tags: ewz, ShortPuts ( 4,763 )

#shortputs #ewz Sto EWZ 18…

#shortputs
#ewz
Sto EWZ 18 NOV 2022 28 PUT @.29

walter6871 10:12 am on Thursday, November 10, 2022
Tags: CoveredCalls ( 2,200 ), labu ( 2 )

#coveredcalls #labu Sto 18 NOV…

#coveredcalls
#labu
Sto 18 NOV 2022 8.5 CALL @.10

Option Iceman 9:14 am on Thursday, November 10, 2022

VXX UVXY Puts

Rolled VXX Nov 11 2022 20.0 Puts to next week at $0.08 Credit
Rolled VXX Nov 11 2022 19.5 Puts to next week at $0.10 Credit
Rolled VXX Nov 11 2022 19.0 Puts to next week at $0.13 Credit
Rolled VXX Nov 11 2022 18.5 Puts to next week at $0.19 Credit

Rolled UVXY Nov 11 2022 11.0 Puts to next week at $0.09 Credit
Rolled UVXY Nov 11 2022 10.5 Puts to next week at $0.13 Credit

Still bringing in cash on the rolls 🙂

Also a scalp trade:
Sold VXX Nov 11 2022 16.5 Puts at $0.11 and $0.12
Expires tomorrow

Option Iceman 9:00 am on Thursday, November 10, 2022

SOXL TNA TQQQ Calls

Starting in on next week:

Sold SOXL Nov 18 2022 12.5 Calls at $0.38, $0.39 and $0.43

Sold TNA Nov 18 2022 42.0 Calls at $0.73

Sold TQQQ Nov 18 2022 22.0 Calls at $0.60, $0.62 and $0.65
Sold 1 TQQQ Nov 18 2022 22.5 Call at $0.50

Option Iceman 6:50 am on Thursday, November 10, 2022
Tags: OnlySpreads ( 521 )

TQQQ LABU Calls

Sold 1 TQQQ Nov 11 2022 22.0 Call at $0.14
Sold TQQQ Nov 11 2022 21.5 Calls at $0.18 and $0.23
Sold TQQQ Nov 11 2022 21.0 Calls at $0.33
Sold TQQQ Nov 11 2022 20.5 Calls at $0.51

Sold LABU Nov 11 2022 7.5 Calls at $0.10

#OnlySpreads

Option Iceman 6:48 am on Thursday, November 10, 2022
Tags: FormerFallingKnife ( 153 ), RaisingCash ( 83 )

STOCKS

Taking some tiny OLD positions off at gains on the big opening:
Sold my highest cost lot of AES at 27.79. Bought on 02/24/2022 at $20.00.
Sold SYF at $36.85. Bought on 03/07/2022 at $35.00.
Sold ITW at $219.28. Bought on 04/12/2022 at $198.78.
Sold my highest cost lot of TXN at $172.10. Bought on 02/14/2022 at $161.67.
Sold BWA at $40.17. Bought on 03/01/2022 at $39.83.
Sold my highest cost lot of DD at $68.61. Bought on 04/25/2022 at $66.00.
Sold all my UHS at $122.00. Bought on 11/29/2021 at $121.23 and on 06/16/2022 at $100.00.
#RaisingCash #FormerFallingKnife

Option Iceman 5:44 am on Thursday, November 10, 2022

SLV Puts

From yesterday:
Continuing to write against put position left over from previous spreads
Sold SLV Nov 11 2022 19.0 Puts at $0.09, $0.12, and $0.15

Option Iceman 12:59 pm on Wednesday, November 9, 2022
Tags: OnlySpreads ( 521 )

SPY partial Fail

This sale early today didn’t work, so I’m forced to roll it.
Rolled 1 SPY Nov 09 2022 376.0 Put to 1 SPY Nov 16 2022 364.0 Put at $0.34 Credit

But I did sell 1 SPY 374.0 Put at $0.31 and 1 SPY 373.0 Put at $0.26 today and since SPY closed at 374.13, both should expire.
#OnlySpreads

Jeff 12:23 pm on Wednesday, November 9, 2022
Tags: SPX1dte ( 1,714 )

SPX risk off

#SPX1dte Not sure if stop was breached but it was close. Bought to close $SPX Nov 9th 3735/3715 put spreads for .20. Condors sold for 1.25 yesterday.

No trade for tomorrow due to CPI report at 8:30am ET

Option Iceman 10:05 am on Wednesday, November 9, 2022
Tags: OnlySpreads ( 521 )

Another SPY Put Spread

Bought 1 SPY Dec 02 2022 330.0 Put at $0.48
Sold to Open 1 SPY Nov 14 2022 367.0 Put at $1.50 for a $1.02 Credit
#OnlySpreads

walter6871 9:55 am on Wednesday, November 9, 2022
Tags: ShortPuts ( 4,763 ), spy ( 18 )

#shortputs Sto 11 NOV 2022…

#spy

#shortputs
Sto 11 NOV 2022 367 PUT @.97

fuzzballl 9:34 am on Wednesday, November 9, 2022
Tags: CoveredCalls ( 2,200 )

SPY

#CoveredCalls – Rolled a little too early but still decent 2 day premium.

Rolled SPY NOV 9 2022 378.0 Call to NOV 11 2022 378.0 Call @ 3.00 credit (6.59 total now)

walter6871 9:14 am on Wednesday, November 9, 2022
Tags: Dividends ( 101 ), smallbuy ( 88 )

#smallbuy Buy SPIP @25.45 #dividends

#smallbuy
Buy SPIP @25.45
#dividends

Option Iceman 7:39 am on Wednesday, November 9, 2022
Tags: OnlySpreads ( 521 )

VXX UVXY Calls

Sold VXX Nov 11 2022 18.5 Calls at $0.29 and $0.34
Sold VXX Nov 11 2022 19.0 Calls at $0.22
Sold VXX Nov 11 2022 19.5 Calls at $0.18
Sold VXX Nov 11 2022 20.0 Calls at $0.13

Sold to Open UVXY Nov 11 2022 10.5 Calls at $0.20 and $0.23
Sold to Open 1 UVXY Nov 11 2022 11.0 Call at $0.20

Paired with VXX and UVXY Short Puts already in the account.
#OnlySpreads

Option Iceman 6:39 am on Wednesday, November 9, 2022
Tags: DoubleDip ( 110 ), OnlySpreads ( 521 )

SPY Put spread

Bought to close 1 SPY Nov 09 2022 360.0 Put at $0.01. Sold last Friday at $0.77
Sold 1 SPY Nov 09 2022 376.0 Put at $0.37 for a one day scalp to replace it. (I can always roll it down).

Set up a new spread for Friday:
Bought to Open 1 SPY Nov 30 2022 330.0 Put at $0.30
Sold to open 1 SPY Nov 11 2022 367.0 Put at $0.75 for a $0.45 Credit.

#OnlySpreads #DoubleDip

Jeff 12:50 pm on Tuesday, November 8, 2022
Tags: SPX1dte ( 1,714 )

SPX 1-dte

#SPX1dte Sold to Open $SPX 3715/3735-3935/3955 condors for 1.25, SPX at 3843, IV 31.3%, deltas -.05 +.05

fuzzballl 12:20 pm on Tuesday, November 8, 2022
Tags: CoveredCalls ( 2,200 ), ShortPuts ( 4,763 )

NVDA

#ShortPuts #CoveredCalls – Earnings next week. Going aggressive for more premium.

Sold NVDA NOV 11 2022 150.0 Put @ 6.80

Rolled NVDA NOV 11 2022 140.0 Put to NOV 11 2022 145.0 Put @ 2.00 credit (11.55 total now)

Rolled NVDA NOV 11 2022 136.0 Calls to NOV 18 2022 140.0 Calls @ .10 credit (1.45 total now)

Option Iceman 11:34 am on Tuesday, November 8, 2022
Tags: VXXContango ( 277 ), WinWin ( 39 )

VXX and UVXY

Sold to close 1 VXX Nov 18 2022 17.0 Put at $0.62 after writing against it multiple times.
Bought on 10/17/2022 at $0.20
#VXXContango #WinWin

Sold UVXY Nov 11 2022 11 Calls at $0.17. Paired with short puts already in the account

Option Iceman 11:19 am on Tuesday, November 8, 2022
Tags: OnlySpreads ( 521 )

SOXL TNA TQQQ Calls

Sold SOXL Nov 11 2022 11.5 Calls at $0.15 and $0.23
Sold TNA Nov 11 2022 40.5 Calls at $0.34 and $0.41
Sold TQQQ Nov 11 2022 21.5 Calls at $0.13 and $0.17
Sold TQQQ Nov 11 2022 21.0 Calls at $0.21 and $0.26
Sold 1 TQQQ Nov 11 2022 20.5 Call at $0.38
Sold 1 TQQQ Nov 11 2022 20.0 Call at $0.56
#OnlySpreads

Option Iceman 11:10 am on Tuesday, November 8, 2022
Tags: FormerFallingKnife ( 153 ), RaisingCash ( 83 )

Stocks

Still lightening up on some lower dividend payers.

Sold all my FTV at $65.07. Bought on 02/04 at $65.00 and on 03/07 at $59.93
Sold my last lot of GE at $82.58. Bought on 11/07/2021 at $60.00 {Long term gain}
Sold my remaining MCHP at $68.39. Bought on 06/16/2022 at $59.72
Sold my highest cost lot of STT at $76.53. Bought on 04/22/2022 at $72.00. Also hold lots at $68.00 and $63.04.
#FormerFallingKnife #RaisingCash

Jeff 10:18 am on Tuesday, November 8, 2022
Tags: SPX1dte ( 1,714 )

SPX stopped

#SPX1dte Bought to close $SPX Nov 8th 3880/3900 call spreads for .65. Condors sold yesterday for 1.35.

Option Iceman 6:35 am on Tuesday, November 8, 2022
Tags: DoubleDip ( 110 )

KOLD Call Rolldown

Bought to close 1 KOLD Nov 18 2022 34.0 Covered Call at $0.28. Sold on 10/20 at $1.70 on a rollup.
Sold 1 KOLD Nov 18 2022 22.0 Covered Call at $0.73 for $0.45 additional Credit.
#DoubleDip

Option Iceman 2:20 pm on Monday, November 7, 2022

SPY OptionsExpiration

SPY 11/07/2022 320/367 Bull Put Spread – Expired

Jeff 12:44 pm on Monday, November 7, 2022
Tags: SPX1dte ( 1,714 )

SPX 1-dte

#SPX1dte Sold to Open $SPX Nov 8th 3715/3735-3880/3900 condors for 1.35, SPX at 3807, deltas -.07 +.05

Expiring: Nov 7th 3655/3675-3850/3870 condors, sold Friday for 1.35

fuzzballl 12:44 pm on Monday, November 7, 2022
Tags: ShortPuts ( 4,763 )

ADBE

#ShortPuts – Taking 75 percent of max from a Friday sale.

Bought to Close ADBE NOV 18 2022 270.0 Put @ 1.00 (sold for 3.80)

fuzzballl 12:41 pm on Monday, November 7, 2022
Tags: JadeLizards ( 129 )

TSLA

#JadeLizards – Taking a shot here.

Sell TSLA NOV 18 2022 185.0/205.0/210.0 Jade Lizard @ 5.77

fuzzballl 12:28 pm on Monday, November 7, 2022
Tags: CoveredCalls ( 2,200 )

SPY

#CoveredCalls – Messing around with one in the Mon Wed expirations.

Rolled SPY NOV 7 2022 376.0 Call to NOV 9 2022 378.0 Call @ .20 credit (3.59 total now)

Option Iceman 12:25 pm on Monday, November 7, 2022
Tags: UVXYContango ( 21 )

UVXY Diagonal Puts

Bought to open UVXY Jan 20 2023 6.0 Puts at $0.14
Sold to open UVXY Nov 11 2022 9.0 Puts at $0.21 for a $0.07 Credit for the first week.
Long DTE = 74
Short DTE = 4
#UVXYContango

Option Iceman 12:09 pm on Monday, November 7, 2022
Tags: CoveredCalls ( 2,200 ), DoubleDip ( 110 )

KOLD Call Rolldowns

Bought to close 1 KOLD Nov 18 2022 28.0 Covered Call at $0.09. Originally sold on a rollup on 10/21 at $4.27

Replaced it with 1 KOLD Nov 18 2022 20.0 Covered Call at $0.49 for a $0.40 additional credit with the stock just under $14.

#DoubleDip #CoveredCalls

Edit: Did another.
Bought to close 1 KOLD Nov 18 2022 30.0 Covered Call at $0.06. Originally sold on a rollup on 10/21 at $3.75.
Replaced it with 1 KOLD Nov 18 2022 21.0 Covered Call at $0.48 for a $0.42 Credit

#DoubleDip

fuzzballl 12:04 pm on Monday, November 7, 2022
Tags: ShortCalls ( 979 ), ShortStraddles ( 10 )

TLT XBI

#ShortStraddles #ShortCalls – A few.

TLT: Rolling short straddles for additional credit.

Rolled TLT NOV 18 2022 100.0/100.0 Straddles to DEC 16 2022 100.0/100.0 Straddles @ 1.36 credit (4.55 total now)

XBI: Selling a few against short puts.

Sold XBI NOV 11 2022 84.0 Calls @ .38

Option Iceman 7:51 am on Monday, November 7, 2022

KOLD Diagonal Put Spreads

Bought 1 KOLD Feb 17 2023 5.0 Put Net Credit at $0.87
Sold 1 KOLD Nov 18 2022 13.0 Put at $1.52 for a $0.65 Credit

Bought 1 KOLD Feb 17 2023 5.0 Put at $0.90
Sold 1 KOLD Nov 18 2022 12.0 Put at $1.15 for a $0.25 Credit

Long DTE = 102
Short DTE = 11

Option Iceman 7:27 am on Monday, November 7, 2022
Tags: FormerFallingKnife ( 153 ), RaisingCash ( 83 )

BA SPG FRT HBAN Stocks

Sold all of my remaining BA position at $161.90. Bought this 5 times between 03/04 and 05/12/2022. Sold it about 2.5% above my average cost (pays no dividend).
Sold my highest cost lot of SPG at $116.50. Bought on 05/20/2022 at $106.80.
Sold the last of my FRT at $106.68. Bought on 06/14/2022 at $95.00.
Sold some of my HBAN at $15.45. Bought on 06/23/2022 at $11.80.
#FormerFallingKnife #RaisingCash

Option Iceman 6:51 am on Monday, November 7, 2022

LABU SOXL TLRY TNA TQQQ

Replacing many of the positions that expired Friday, some at higher strikes.

Sold LABU Nov 11 2022 8.0 Covered Calls at $0.10

Sold SOXL Nov 11 2022 11.0 Diagonal Calls at $0.11, $0.13 and $0.15
Sold SOXL Nov 11 2022 10.5 Covered Calls at $0.20

Sold TLRY Nov 11 2022 5.0 Covered Calls at $0.05

Sold TNA Nov 11 2022 40.0 Covered Calls at $0.37
Sold TNA Nov 11 2022 40.0 Diagonal Calls at $0.48 and $0.50
Sold TNA Nov 11 2022 42 Diagonal Calls at $0.16

Sold TQQQ Nov 11 2022 20.0 Diagonal Calls at $0.33
Sold TQQQ Nov 11 2022 20.5 Diagonal Calls at $0.26
Sold TQQQ Nov 11 2022 21.0 Diagonal Calls at $0.19
Sold TQQQ Nov 11 2022 21.0 Covered Calls at $0.16
Sold TQQQ Nov 11 2022 21.5 Covered Calls at $0.11

Option Iceman 8:26 am on Sunday, November 6, 2022
Tags: FormerFallingKnife ( 153 ), RaisingCash ( 83 )

FRT

Sold a tiny position in FRT at $105.27. Bought on 09/23/22 at $89.18
#FormerFallingKnife #RaisingCash

walter6871 6:08 am on Saturday, November 5, 2022
Tags: Dividends ( 101 ), smallbuy ( 88 )

#smallbuy buy rivpa @23.39 #dividends…

#smallbuy
buy rivpa @23.39
#dividends
————-
SPY
SPY nov 4, 368 put btc .01 basically expired otm
but thought i would reuse buy power for another trade .but will wait for Monday instead.

geewhiz112 1:32 pm on Friday, November 4, 2022
Tags: CoveredCalls ( 2,200 ), OptionsExpiration ( 794 ), SyntheticCoveredCalls ( 227 )

Roll XBI BX Call / Expired

#coveredcalls
$XBI BTC 11/4 84 call and STO 11/11 84 call at added credit of .53

#syntheticcoveredcalls
$BX BTC 11/4 99 call and STO 11/11 98 call at added credit of .25

#optionsexpiration
$BX 96 call
$PFE 48.50 call
$U 28.5 call
$GOOGL 102 call
$SHOP 35 call
$GNRC 120 call

Option Iceman 1:01 pm on Friday, November 4, 2022

OptionsExpiration

Despite the market rally, all the LABU, SOXL,TQQQ and TNA Covered Calls and call spreads expired worthless.

Expired:
LABU 13/8.5 Bear Call Spreads
LABU 8.5 Covered Calls
LABU 9.0 Diagonal Calls

SLV 15/17 Bull Put Spreads

SOXL 17/10.5 Bear Call Spreads
SOXL 10.5 Covered Calls
SOXL 11.0 Diagonal Calls
SOXL 11.5 Diagonal Calls
SOXL 7.0 Diagonal Puts

SPY 320/367 Bull Put Spread
SPY 370.0 Diagonal Puts

TLRY 4.5 Covered Calls

TNA 47/37 Bear Call Spreads
TNA 37.5 Diagonal Calls
TNA 38.5 Diagonal Call
TNA 39.0 Diagonal Call
TNA 40.0 Diagonal and Covered Calls
TNA 41.5 Diagonal Call
TNA 42.0 Diagonal Call
TNA 43.0 Diagonal Call
TNA 44.0 Diagonal Calls
TNA 45.0 Diagonal Calls

TQQQ 24/22 Bear Call Spread
TQQQ 25/22 Bear Call Spread
TQQQ 26/22.5 Bear Call Spreads
TQQQ 27/23 Bear Call Spread
TQQQ 27/23.5 Bear Call Spreads
TQQQ 22.0/23.0/23.5/24.5 Covered Calls
TQQQ 24.5 Diagonal Calls
TQQQ 13/16.5 Bull Put Spreads

UVXY 10.5 Diagonal Calls
UVXY 11.0 Diagonal Calls

VXX 29/20 Bear Calls Spreads

Jeff 12:52 pm on Friday, November 4, 2022
Tags: SPX1dte ( 1,714 )

SPX 1-dte

#SPX1dte Sold to Open $SPX Nov 7th 3655/3675-3850/3870 condors for 1.35, SPX at 3758, deltas -.07 +.04, IV 16.1%

fuzzballl 12:46 pm on Friday, November 4, 2022
Tags: CoveredCalls ( 2,200 ), ShortPuts ( 4,763 ), SyntheticDividends ( 2 ), SyntheticShortStock ( 108 ), SyntheticStock ( 356 )

ADBE AMZN NVDA SPY TBT TLT XBI

#ShortPuts #CoveredCalls #SyntheticShortStock #SyntheticStock #SyntheticDividends – A little bit of everything.

ADBE: Back in it. Earnings not until mid Dec.

Sold ADBE NOV 18 2022 270.0 Put @ 3.80

AMZN: Sold next week’s yesterday…against 2025 synthetic stock.

Bought to Close AMZN NOV 4 2022 100.0 Calls @ .01 (sold for 2.25 and 3.00)

NVDA: A few more. Lots of different positions in this one. Closed, sold and rolled. Aggressive puts sold against an overwrite of covered calls.

Bought to Close NVDA NOV 4 2022 135.0 Put @ .05 (sold for 6.10)
Sold NVDA NOV 11 2022 145.0 Put @ 6.50

Rolled NVDA NOV 4 2022 140.0 Put to NOV 11 2022 140.0 Put @ 3.50 credit (9.55 total now)

SPY: A little bit of everything.

Bought to Close SPY NOV 4 2022 380.0 Call @ .05 (sold for 5.90)
Bought to Close SPY NOV 4 2022 384.0 Call @ .04 (sold for 2.85)

Sold SPY NOV 7 2022 376.0 Call @ 3.39
Sold SPY NOV 11 2022 382.0 Call @ 3.50

Rolled SPY NOV 4 2022 380.0 Put to NOV 11 2022 380.0 Put @ 3.75 credit (9.65 total now)

TBT: Added to Jan 2025 synthetic short stock. Selling near term against.

Sold TBT JAN 17 2025 36.0 Calls – Bought TBT JAN 17 2025 36.0 Puts @ .50 credit (synthetic short)

Bought to Close TBT NOV 4 2022 34.0 Puts @ .01 (sold for .32)
Bought to Close TBT NOV 4 2022 34.5 Puts @ .01 (sold for .43)

Sold TBT NOV 11 2022 34.5 Puts @ .33
Sold TBT NOV 11 2022 35.5 Puts @ .60
Sold TBT NOV 11 2022 36.0 Puts @ .70

TLT: Collecting another nice synthetic dividend.

Bought to Close TLT NOV 4 2022 100.0 Calls @ .01 (sold for .95)
Sold TLT NOV 11 2022 97.5 Calls @ .45

XBI: Another good week in this one

Bought to Close XBI NOV 4 2022 79.5 Calls @ .05 (sold for 2.40)
Sold XBI NOV 11 2022 79.5 Calls @ 1.50

Letting some early assignment stock go @ 78.5 (basis 78.15)
Replacing with:
Sold XBI NOV 11 2022 81.0 Put @ 2.90

Rolled XBI NOV 4 2022 81.5 Puts to NOV 11 2022 81.5 Puts @ 1.05 credit (3.05 total now)
Rolled XBI NOV 4 2022 82.5 Puts to NOV 11 2022 82.5 Puts @ .77 credit (2.90 total now)
Rolled XBI NOV 4 2022 83.0 Puts to NOV 11 2022 83.0 Puts @ .64 credit (3.00 total now)
Rolled XBI NOV 4 2022 84.0 Puts to NOV 11 2022 84.0 Puts @ .45 credit (3.05 total now)

Option Iceman 10:07 am on Friday, November 4, 2022
Tags: OnlySpreads ( 521 )

SOXL Strangle

Sold SOXL Nov 11 2022 7.0 Puts at $0.11.
Sold SOXL Nov 11 2022 10.5 Calls at $0.17.
Replacing similar options that are about to expire today
#OnlySpreads

Option Iceman 9:57 am on Friday, November 4, 2022
Tags: OnlySpreads ( 521 )

SPY Put

Bought to close 1 SPY Nov 04 364.0 Diagonal Put at $0.09. Sold yesterday at $0.94
Sold 1 SPY Nov 09 2022 360.0 Put at $0.77 to replace it.
#OnlySpreads

Option Iceman 9:06 am on Friday, November 4, 2022

VXX UVXY Calls

Sold VXX Nov 11 2022 20.0 Diagonal Calls at $0.12 and $0.13
Sold UVXY Nov 11 2022 11.0 Diagonal Calls at $0.19

Paired with the short puts I rolled down earlier.

Option Iceman 8:49 am on Friday, November 4, 2022
Tags: OnlySpreads ( 521 )

TQQQ Puts Rolled Down

Rolled down 1 TQQQ Nov 04 2022 19.5 Put to 1 TQQQ Nov 11 2022 19.0 Put at $0.08 Credit.
I keep rolling this down hoping that one of these weeks it will finally expire.
At least the roll is cash positive each week.

Also rolled TQQQ Nov 04 2022 17.5 Puts down to TQQQ Nov 11 2022 15.5 Puts at $0.02 Credit
#onlySpreads

Option Iceman 8:36 am on Friday, November 4, 2022
Tags: OnlySpreads ( 521 )

TNA Call Spreads

Bought 1 TNA Nov 25 2022 45.0 Call at $0.40
Bought 1 TNA Dec 02 2022 47.0 Call at $0.42
Sold TNA Nov 11 2022 40.0 Calls Net Credit at $0.50 and $0.52.
Waiting until a large number of (both covered and diagonal) TNA calls expire this afternoon before re-writing them for next week.
#OnlySpreads

Jeff 8:35 am on Friday, November 4, 2022
Tags: SPX1dte ( 1,714 ), SPX5dte ( 109 )

SPX stopped

#SPX1dte Bought to close $SPX Nov 4th 3810/3830 call spreads for .80. Condors sold for 1.35 this morning.

My P/L chart looks like railroad tracks on a candle chart. Here are results of last 4 weeks:

+4.70
-5.85
+7.90
-5.71

The good news is I can identify two mistakes from this week that turned it sour. If it weren’t for my human mistakes, the strategy would be the problem.

I have been tracking paper results if I used a “no stop” strategy, and it officially pulled slightly ahead of my actual gains. Had I gone with no stops since May 16th, my profits would be 11.7% higher.

As it is, my accounts are up an average of 22.3% since May 16th, using ONLY the #SPX1dte and a small amount of #SPX5dte.

Option Iceman 8:30 am on Friday, November 4, 2022
Tags: UVXYContango ( 21 ), VXXContango ( 277 )

VXX UVXY Puts

I was early on all these trades, especially the rolldowns

Rolled VXX Nov 04 2022 17.5 Puts down to VXX Nov 11 2022 17.0 Puts at $0.02 Credit
Bought to close VXX Nov 04 2022 17.0 Puts at $0.01.
#VXXContango

Rolled UVXY Nov 04 2022 9.5 Puts down to UVXY Nov 11 2022 9.0 Puts at $0.02 Credit
Bought to close UVXY Nov 04 2022 9.0 Puts at $0.01.
#UVXYContango

Jeff 7:07 am on Friday, November 4, 2022

Jobs continue to exceed expectations

Nonfarm payrolls grew by 261,000 in October, better than the estimate for 205,000.
The unemployment rate moved higher to 3.7%, while a broader jobless measure also increased, to 6.8%.
Big job gainers by industry included health care, professional and technical services, and leisure and hospitality.
Average hourly earnings rose 0.4% for the month and were up 4.7% from a year ago.
Labor force participation rate declined by one-tenth of a point to 62.2%.

Jeff 6:52 am on Friday, November 4, 2022
Tags: SPX1dte ( 1,714 )

SPX same day

#SPX1dte At 21 minutes after opening bell, sold to open $SPX Nov 4th 3630/3650-3810/3830 condors for 1.35. Deltas -.06 +.06

Jeff 1:22 pm on Thursday, November 3, 2022
Tags: Jobs ( 131 ), SPX1dte ( 1,714 )

No trade before Jobs report

#SPX1dte Capping off a bad week with no overnight trade. I will consider a same-day trade after #Jobs report in the morning.

fuzzballl 1:01 pm on Thursday, November 3, 2022
Tags: CoveredCalls ( 2,200 )

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

fuzzballl 12:56 pm on Thursday, November 3, 2022
Tags: CoveredCalls ( 2,200 )

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

fuzzballl 11:06 am on Thursday, November 3, 2022
Tags: CoveredCalls ( 2,200 ), SyntheticStock ( 356 )

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

jsd501 10:29 am on Thursday, November 3, 2022

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.

walter6871 10:05 am on Thursday, November 3, 2022
Tags: kickthecan ( 20 )

@spy rolled spy nov 4,…

@spy

rolled spy nov 4, 385 put to nov 11th 385 put credit 1.95 (12.75 now)
#kickthecan

walter6871 9:36 am on Thursday, November 3, 2022
Tags: Dividends ( 101 ), smallbuy ( 88 )

#smallbuy Buy NUSI @18.86 Buy…

#smallbuy
Buy NUSI @18.86
Buy XRMI @20.95
#dividends

Option Iceman 6:49 am on Thursday, November 3, 2022
Tags: FallingKnife ( 963 ), FormerFallingKnife ( 153 ), SP500 ( 248 )

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

Option Iceman 6:42 am on Thursday, November 3, 2022
Tags: OnlySpreads ( 521 )

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

#OnlySpreads

Jeff 6:37 am on Thursday, November 3, 2022
Tags: SPX1dte ( 1,714 )

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.