Sold a lot of VTRS at $12.19 (a new 6-month high). Bought on 12/02/2021 at $12.00
Have 4 more lots bought at $11.03, $10.68, $10.00 and $ 8.43
#FormerFallingKnife #RaisingCash
Monthly Archives: January 2023
TNA
Sold 1 TNA Feb 03 2023 44.0 Diagonal Call at $0.51
#OnlySpreads
SPX 1 DTE / PFE Call
#spx1dte
$SPX STO 2/1 3930/3950 – 4180/4200 at .90 $SPX at 4075
#coveredcalls
$PFE STO 2/3 45 call at .15
$PFE STO 2/10 call at .12
LABU SOXL UVXY VXX
Sold LABU Feb 03 2023 9.0 Calls at $0.14 and $0.17, replacing last week’s 8.5 calls covered on Friday
Sold 1 SOXL Feb 03 2023 15.5 Call at $0.33, replacing last week’s 15.0 call covered on Friday
Sold UVXY Feb 03 2023 5.5 Calls at $0.12
Sold VXX Feb 03 2023 12.5 Calls at $0.15
AOS BBY PNR Stock
Sold a tiny lot of AOS at $64.44. Bought on 05/06/2022 at $58.00.
Have one more lot bought at $51.72.
Sold a tiny lot of BBY at $87.15 (a new 6-month high). Bought on 05/19/2022 at $74.00
Have one more lot bought the next day at $69.60.
Sold a tiny lot of PNR at $52.76. Bought on 05/02/2022 at $50.53.
Have more lots bought at $45.00 and 42.45.
SPX Expire
#spx1dte
Expired $SPX 1/30 4000/3980 – 4135/4155 STO @ .90
No trade for tomorrow, I was out all day.
XBI
#ShortPuts – Sold XBI MAR 17 2023 82.0 Put @ 2.13
TNA Call
Sold 1 TNA Feb 03 2023 43.0 Diagonal Call at $0.52
#OnlySpreads
UVXY VXX
Sold UVXY Feb 03 2023 6.5 Covered Calls at $0.07 and $0.08
Sold UVXY Feb 03 2023 6.0 Covered Calls at $0.10
Sold UVXY Feb 03 2023 5.5 Covered Calls Limit at $0.15, $0.16 and $0.17
Sold VXX Feb 03 2023 13.5 Covered Calls at $0.11
Sold VXX Feb 03 2023 13.0 Covered Calls at $0.15
#CoveredCalls
CINF Stock
Sold a tiny lot of CINF stock at $112.14 (a 6-month high). Bought on 07/28/2022 at $108.00.
Still hold another lot bought the same day at $97.20
#FormerFallingKnife #RaisingCash
Expiration
#optionsexpiration
$LABU 8 put
$SBLK 20.5 put
$XBI 84 put
$MMM 113 put
$PFE 45 call
$PFE 45.5 call
SOXL LABU – Too Close not to cover
Bought to close 1 SOXL Jan 27 2023 15.0 Call at $0.04. Sold Thursday at $0.36.
Bought to close LABU Jan 27 2023 8.5 Calls at $0.06. Sold at an average of $0.23
#OnlySpreads
SPX 1 DTE
#spx1dte
$SPX STO 1/30 4000/3980 – 4135/4155 @ .90
Todays $SPX trade expired. Sold for 1.25
CFG STT Stock
Sold CFG at $45.05 yesterday. Bought on 05/12/2022 at $37.69
Sold STT at $91.63 (a new 6-month high). Bought on 06/13/2022 at $63.04
#FormerFallingKnife #RaisingCash
QQQ,
Now above the December 13 high and also above the 200 day MA.
TQQQ,
BTO Feb. 10, 24/26 call spread and STO the 21 put for a debit of .34 cents on a small trade
TLT
#CoveredCalls – Close but not quite. Try again next week.
Rolled TLT JAN 27 2023 106.5 Calls to FEB 3 2023 106.5 Calls @ .90 credit (2.00 total now)
SPY,
STO Feb. 24, 395 put at 3.40
STO Mar,10, 390 put at 3.90
STO MAR.17, 385 put at 3.81
NVDA SPY
#ShortPuts #CoveredCalls – A few.
NVDA: Rolling for more upside and adding new targets for Mr. Market. Come and get ’em! Earnings around Feb 22nd.
Rolled NVDA FEB 10 2023 152.5 Calls to MAR 17 2023 155.0 Calls @ .22 credit (2.45 total now)
Rolled NVDA FEB 10 2023 152.5 Calls to MAR 17 2023 155.0 Calls @ even (1.75 total now)
Rolled NVDA FEB 3 2023 182.5 Puts to FEB 3 2023 190.0 Puts @ 1.60 credit (6.75 total now)
Sold NVDA FEB 17 2023 180.0 Put @ 3.25
Sold NVDA FEB 17 2023 182.5 Put @ 3.85
SPY: Rolled and sold.
Rolled SPY JAN 27 2023 395.0 Call to FEB 3 2023 397.0 Call @ .20 credit (6.80 total now)
Sold SPY FEB 10 2023 395.0 Put @ 2.50
SQ Call Roll / AMZN XBI Call
#coveredcalls #syntheticcoveredcalls
$SQ BTC 1/27 82 call and STO 2/3 85 call at added credit of $1 and $3 more if called away
$AMZN STO 2/3 120 call at .28
$XBI STO 2/3 93 call at .45
MKTX Stock
Sold my overly large (for this small account) low dividend stock at $369.96.
Started buying this in Sept 2021 and stopped buying in May 2022. Average cost basis was $354.50
#FormerFallingKnife #RaisingCash
SPX 1 DTE
SPX 1-dte
#SPX1dte Sold to Open $SPX Jan 27th 3965/3985-4120/4140 condors for 1.35
Expired: Jan 26th 3910/3930-4075/4095 condors, sold yesterday for 1.25
SPY
#ShortPuts – A couple more.
Bought to Close SPY JAN 27 2023 392.5 Put @ .05 (sold for 3.70)
Bought to Close SPY JAN 27 2023 393.0 Put @ .06 (sold for 3.50)
Exiting KOLD
Bought to Close KOLD Feb 17 2023 30.0 Calls at $23.71
Sold KOLD stock at $53.06.
I got most of the time value out of the position and freed up the money almost a month early
LABU Calls
Rolled 1 LABU Jan 27 2023 8.0 Covered Calls to 1 LABU Feb 03 2023 8.5 Covered Call at $0.03 Credit
#CoveredCalls
then
Rolled LABU Jan 27 2023 8.0 Diagonal Calls to LABU Feb 03 2023 8.5 Diagonal Calls at $0.05, $0.06 and $0.08 Credits
#OnlySpreads
SPY XBI
#ShortPuts #CoveredCalls #SyntheticStock
SPY: A few adjustments.
Rolling in and up.
Rolled SPY FEB 17 2023 387.0 Puts to FEB 3 2023 395.0 Puts @ .02 debit (.60 total now)
Taking some off and selling closer in. Been rolling these quite awhile accumulating nice premium.
Bought to Close SPY FEB 17 2023 405.0 Put @ 8.20 (sold for 21.65)
Bought to Close SPY FEB 17 2023 405.0 Put @ 8.15 (sold for 21.65)
Bought to Close SPY FEB 17 2023 405.0 Put @ 8.15 (sold for 6.55) easily made that up in the others.
Sold SPY FEB 3 2023 397.5 Put @ 3.15
Sold SPY FEB 3 2023 398.0 Put @ 3.26
Sold SPY FEB 10 2023 390.0 Put @ 2.05
Sold SPY FEB 10 2023 395.0 Put @ 3.15
Call roll:
Rolled SPY JAN 27 2023 390.0 Calls to FEB 3 2023 391.0 Calls @ .80 credit (4.30 total now)
XBI: Taking off all synthetic stock in one account. Net gain of 4.20 per synthetic share.
Sold XBI JAN 17 2025 85.0/85.0/40.0 Synthetic Stock @ 9.90 (bought for 3.90)
Bought to Close XBI JAN 27 2023 85.0 Calls @ 3.40 (sold for 1.60)
GDX SBUX stock
Sold my highest and oldest tiny lot of GDX at $32.95
Bought on 06/23/2022 at $28.83. Still long lots at $25.75 and $23.17
Sold my last lot of SBUX at $108.01. Bought on 05/02/2022 at $74.00.
#FormerFallingKnife #RaisingCash
SPX 1 DTE
#spx1dte
$SPX STO 1/26 3920/3900 – 4080/4100 at $1.05
$SPX 1/25 trade should expire. STO at $1.25
SPY
#CoveredCalls – A couple rolls during the morning weakness.
Rolled SPY JAN 27 2023 386.0 Calls to FEB 3 2023 389.0 Calls @ .05 credit (2.05 total now)
Rolled SPY JAN 27 2023 385.0 Call to FEB 3 2023 388.0 Call @ .35 debit (2.90 total now)
BA,
STO May 19, 160 put at 2.65, stock at after bad earnings this morning.
SPY,
STO March 3, 355 put at 1.02 in my IRA
SPX stopped
#SPX1dte Bought to close $SPX Jan 25th 3940/3920 put spreads for 2.65. Condors sold yesterday for 1.25.
First loss of 2023!
SPX 1 DTE
#spx1dte
$SPX STO 1/25 3910/3930 – 4070/4090 at $1.25
The 1/24 trade for $1 should expire
SPX 1-dte
#SPX1dte Sold to Open $SPX Jan 25th 3920/3940-4075/4095 condors for 1.25, SPX at 4011, deltas -.06, +.06
Expiring: Jan 24h 3925/3945-4075/4095 condors, sold yesterday for 1.25
NVDA
#ShortPuts – Giving Mr. Market some inspiration.
Rolled NVDA FEB 3 2023 172.5 Puts to FEB 3 2023 182.5 Puts @ 2.15 credit (5.15 total now)
SPY,
BTC Feb 03, 360 put at .15, sold at 1.25 and,
STO March 03, 370 put at 1.81
SPX 1-dte
#SPX1dte Sold to Open $SPX Jan 24th 3925/3945-4075/4095 condors for 1.25
SPX 1 DTE
#spx1dte
$SPX STO 1/23 3920/3940 – 4080/4100 at $1.00
SQ Call / XBI Put
#coveredcalls
$SQ STO 1/27 82 call at .92
#shortputs
$XBI STO 1/27 84 put at .34
SPY,
STO Feb, 3, 395 put at 2.45
STO MAR. 3, 390 put at 4.90
SPY,
STO January 27, 400 put on 1 contract at 3.68
This Weeks Economic Data
Monday:
Federal Reserve in Blackout Period Ahead of Next Policy Meeting (Saturday)
China – Markets Closed for Lunar New Year Holiday
Building Permits for December (8 a.m.)
ECB’s Panetta Speaks (9:30 a.m.)
Eurozone – Consumer Confidence Indicator for January (10 a.m.)
The Conference Board’s Leading Economic Indicators for December (10 a.m.)
ECB’s Lagarde Speaks (12:45 p.m.)
Tuesday:
China – Markets Closed for Lunar New Year Holiday
Japan – Markit/JMMA Preliminary Manufacturing PMI for January
Germany – GfK Consumer Confidence for February (2 a.m.)
France – Manufacturing Business Climate Index for January (2:45 a.m.)
France – S&P Global Preliminary Manufacturing, Services, and Composite PMI for January (3:15 a.m.)
Germany – S&P Global Preliminary Manufacturing, Services, and Composite PMI for January (3:30 a.m.)
Eurozone – S&P Global Preliminary Manufacturing, Services, and Composite PMI for January (4 a.m.)
U.K. – S&P Global Preliminary Manufacturing, Services, and Composite PMI for January (4:30 a.m.)
ECB’s Lagarde Speaks (4:45 a.m.)
S&P Global U.S. Preliminary Manufacturing, Services, and Composite PMI for January (9:45 a.m.)
ECB’s af Jochnick Speaks (9:45 a.m.)
Richmond Fed Manufacturing Index (10 a.m.)
American Petroleum Institute Crude Oil Inventory Data (4:30 p.m.)
Wednesday:
Australia – CPI for December
China – Markets Closed for Lunar New Year Holiday
U.K. – PPI for December
Germany – Ifo Business Climate and Expectations for January (4:30 a.m.)
France – Registered Job Seekers for December/Q4 (6 a.m.)
MBA Mortgage Applications (7 a.m.)
Energy Information Administration Crude Oil Inventory Data (10:30 a.m.)
Thursday:
China – Markets Closed for Lunar New Year Holiday
South Korea – GDP (Advanced) for Q4
U.K. – CBI Distributive Trades Survey for January (6 a.m.)
Building Permits for December (8 a.m.)
Chicago Fed Manufacturing Index for December (8:30 a.m.)
Initial Jobless Claims (8:30 a.m.)
Continuing Claims (8:30 a.m.)
Durable Orders, Shipments for December (8:30 a.m.)
GDP (Advanced) for Q4 (8:30 a.m.)
Wholesale Inventories for December (8:30 a.m.)
New Home Sales for December (10 a.m.)
Energy Information Administration Weekly Petroleum Inventories (10:30 a.m.)
Kansas City Fed Manufacturing Index for January (11 a.m.)
Friday:
Australia – PPI for Q4
China – Markets Closed for Lunar New Year Holiday
Japan – Tokyo CPI for January
Japan – Exports, Imports for December
China – 1-Year Loan Prime Rate
BEA Domestic Auto Sales for December
France – Consumer Confidence Survey for January (2:45 a.m.)
Eurozone – M3 for December (4 a.m.)
Personal Consumption Expenditure for December (8:30 a.m.)
Personal Income for December (8:30 a.m.)
Michigan Consumer Expectations, Current Conditions, and Sentiment (Final) for January (10 a.m.)
Pending Home Sales for December (10 a.m.)
Baker Hughes Rig Count Data (1 p.m.)
CFTC Commitment of Traders Report (3:30 p.m.)
SPX 1 DTE / Expire
Today’s trade expired
No fill on Monday’s trade
#optionsexpiration
$BX 90 call
$PFE 45.5 call
$IBM 149 call
$PLL 55 put
$UPST 35.5 put
$AMZN 94 put
$GDXJ 37.5 put
$OXY 62.5 put
LABU put Roll / PFE Call
#shortputs
$LABU BTC 1/20 8 put and STO 1/27 8 put at added credit of .30
#coveredcalls
$PFE STO 1/20 45.5 call at .15. Expressing my inner @optioniceman
SPY UVXY
Bought to Close 1 SPY Jan 20 2023 386.0 Put at $0.01
#DailyLadder
Bought to close UVXY Jan 20 2023 5.5 Calls at $0.01
#OnlySpreads
FRC Stock
Sold out of my tiny position in FRC at 136.01
Bought once in June at $135.00 and added in October at $121.50 and $110.79
#FormerFallingKnife #RaisingCash
META,
BTO Jan.27, 138/143 call spread and also sold the 130 put at a total debit of 1.35 on a small trade.
IIPR, STO Feb 95 puts…
IIPR, STO Feb 95 puts at 6.60 this morning, adding to my small position.
SPY
#CoveredCalls – Closed, sold, and rolled.
Bought to Close SPY JAN 20 2023 391.0 Calls @ 1.45 (sold for 6.55)
Sold SPY JAN 27 2023 390.0 Calls @ 3.50
Rolled SPY JAN 20 2023 391.0 Call to JAN 27 2023 395.0 Call @ .12 credit (6.60 credit now)
SPY,
In my IRA,
STO 1, Feb. 24, 355 put at .97
STO 2, Mar. 3, 355 put at 1.51
NVDA SPY TLT TQQQ XBI
#CoveredCalls #SyntheicCoveredCalls #ShortPuts – A few today.
NVDA: Roll out and up. Still prior to earnings.
Rolled NVDA JAN 20 2023 150.0 Calls to FEB 10 2023 152.5 Calls @ .30 credit (2.25 total now)
Rolled NVDA JAN 20 2023 150.0 Calls to FEB 10 2023 152.5 Calls @ .30 credit (1.75 total now)
SPY:
Rolled SPY JAN 20 2023 395.0 Put to JAN 27 2023 393.0 Put @ even (3.50 total now)
TLT: Covered.
Rolled TLT JAN 20 2023 106.0 Calls to JAN 27 2023 106.5 Calls @ .01 credit (1.10 total now)
TQQQ: Another round.
Bought to Close TQQQ JAN 20 2023 20.0 Calls @ .04 (sold for .40)
Sold TQQQ FEB 3 2023 21.0 Calls @ .40
XBI: A few adjustments. Synthetic covered.
Bought to Close XBI JAN 20 2023 87.0 Calls @ .15 (sold for .75)
Sold XBI JAN 27 2023 85.0 Calls @ 1.60
Adding:
Bought XBI JAN 17 2025 90.0/90.0/40.0 Synthetic Stock with Disaster Put @ 2.60 debit
Sold XBI FEB 3 2023 89.0 Call @ 1.19
Roll for extra credit:
Rolled XBI JAN 27 2023 90.0 Calls to FEB 3 2023 88.0 Calls @ 1.16 credit (2.10 total now)
Schwab U.S. Dividend Equity ETF™
Starting a new position in SCHD at $75.00
A tiny trade so I can watch it and add on weakness
Trailing 12 month (TTM) yield is 3.39%
#NonOption IRA
SPX 1 DTE
#spx1dte
$SPX STO 1/20 (PM) 3810/3830 – 4000/3980 at .90 Placed at 3909. Came down since then
Today’s SPX 1 DTE expired
SPY Put
Sold 1 SPY Jan 20 2023 386.0 Put at $0.41. Expires tomorrow
Restarting my SPY #DailyLadder
LABU Roll up
Bought to close LABU Jan 20 2023 7.5 Calls at $0.23 and again at $0.17
Sold Last week at $1.12
Sold to open LABU Jan 27 2023 8.0 Calls at $0.26 and again at $0.23 and gained $0.50 on the short strike
SPX 1-dte
#SPX1dte I’ve been working the new job so unable to post as much. But the year has started well, with no losing trades, 8 winners, 2 breakevens.
Week 1: 4 trades, +2.60
Week 2: 3 trades, +3.55
Week 3: 3 trades, +3.90
Any questions, don’t hesitate.
IIPR,
STO Feb. 17, 95 puts at 5.50
XBI
#SyntheticCoveredCalls – A few.
Bought to Close XBI JAN 20 2023 90.0 Calls @ .04 (sold for .95)
Sold XBI FEB 3 2023 90.0 Calls @ 1.00
SPX 1 DTE
#spx1dte
Closed the put side of today’s 3910/3930 trade at .30. STO at 1.00. Expect the call side to expire
$SPX STO 1/19 3840/3860 – 4010/3990 at $1.00
SPY
#CoveredCalls #ShortCalls – Nice day for some call rolling.
Rolled SPY JAN 20 2023 386.0 Calls to FEB 3 2023 390.0 Calls @ .25 debit (5.15 total now)
Rolled SPY JAN 20 2023 388.0 Calls to FEB 3 2023 392.0 Calls @ .25 credit (5.90 total now)
Rolled SPY JAN 20 2023 382.0 Calls to FEB 10 2023 386.0 Calls @ .15 debit (7.15 total now)
Rolled SPY JAN 20 2023 382.0 Calls to FEB 10 2023 386.0 Calls @ .15 debit (5.70 total now)
VXX Calls
Sold VXX Jan 20 2023 12.5 Calls at $0.18 and $0.25.
Would be happy if I’m forced to roll these
#OnlySpreads
AMZN
#SyntheticCoveredCalls – Slight pullback to get some rolls done.
AMZN: Synthetic Covered.
Rolled AMZN JAN 20 2023 88.0 Calls to FEB 3 2023 90.0 Calls @ .30 credit (1.25 total now)
Rolled AMZN JAN 20 2023 89.0 Calls to FEB 3 2023 92.0 Calls @ .10 debit (1.10 total now)
Getting a short put back into the mix.
Rolled 1 AMZN FEB 17 2023 105.0 Put to 2 FEB 3 2023 98.0 Puts @ .45 credit (2.40 total now)
SPY,
STO March 17, 350 puts at 2.01
LABU SOXL
Sold LABU Jan 20 2023 8.5 Calls at $0.30 and $0.32
Sold 1 SOXL Jan 20 2023 13.0 Call at $0.68
#OnlySpreads
ALB Put Close
#shortputs
$ALB BTC 1/20 240 put at 1.10. STO at 8.13
SPY,
STO March 3, 355 put at 1.05
SPX 1 DTE / AMZN UPST GDXY OXY Put / BX PLL Call / BAC Call Close
Catching up. Out all day.
#spx1dte
$SPX STO 1/18 3930/3910 – 4065/4085 at 1.25
#shortputs
$AMZN STO 1/20 94 put at .60
$UPST STO 1/20 35.5 put at .19
$GDXY STO 1/20 37.5 put at .13
$OXY STO 1/20 62.5 put at .21
#syntheticcoveredcalls #coveredcalls
$BX STO 1/20 90 call at .20
$PLL STO 2/17 65 call at 2.96
$BAC BTC 1/20 34 call at .60. STO at 1.18
DOV Stock
Sold my tiny position in DOV at $145.01 (a 6-month high)
Bought on 04/27/2022 at $138.50.
#FormerFallingKnife #RaisingCash
BA,
BTC February 17, 140 puts at .05, sold at 1.20 so taking it off early
SMH,
STO March 3, 200 put at 2.10
TNA
Rolling up the long side:
Sold to Close 1 TNA Jan 20 2023 39.0 Call at $1.02. Bought at $0.24
Bought to open 1 TNA Feb 03 2023 46.0 Call at $0.26
Sold to open 1 TNA Jan 20 2023 40.0 at $0.66 to write against the new long
#OnlySpreads
SPXL,
BTO January 27, 71/75 bull call spread at 1.40 for a small trade
UVXY VXX
Getting these out of the way as early as possible in a short trading week.
Sold VXX Jan 20 2023 13.5 Covered Calls at $0.07
Sold VXX Jan 20 2023 13.0 Covered Calls at $0.12
Sold UVXY Jan 20 2023 6.0 Covered Calls at $0.09
Sold UVXY Jan 20 2023 5.5 Covered Calls at $0.20
O.T.
Where can I see a list of economic indicators that are coming out this week or this month?
Options Bistro 