AMZN SPY XBI

#CoveredCalls #SyntheticStock #SyntheticCoveredCalls #ShortPuts – A few.

AMZN: Got all these done within the first two and a half minutes this morning. Felt like a bounce was coming. Rolled synthetic covered and added to synthetic. Earnings around Feb 2nd.

Rolled AMZN JAN 13 2023 89.0 Calls to JAN 27 2023 91.0 Calls @ .35 debit (.60 total now)
Rolled AMZN JAN 13 2023 90.0 Calls to JAN 27 2023 92.0 Calls @ .05 debit (.70 total now)

Rolled AMZN JAN 13 2023 86.0 Calls to FEB 3 2023 89.0 Calls @ .10 debit (.90 now)

Bought AMZN JAN 17 2025 105.0/105.0/45.0 Synthetic Stock with Disaster Put @ even

SPY: With large XBI stock position going away I can add to SPY.

Sold SPY JAN 20 2023 395.0 Put @ 3.50
Sold SPY JAN 27 2023 392.5 Put @ 3.70
Sold SPY FEB 3 2023 390.0 Put @ 3.30

XBI: Last big block of XBI stock getting called away. Traded this thing heavily for over 13 months. Trimming back now to synthetic only (hoping to add on pullbacks) and moving the buying power to SPY. Thanks ‘ol buddy for being the top performer of 2022!

Selling XBI Stock @ 82.00 (basis 79.85 and many many more covered calls sold along the way)

Bought XBI JAN 17 2025 90.0/90.0/40.0 Synthetic Stock with Disaster Put @ 5.50 and 4.30 debit

Sold XBI JAN 20 2023 90.0 Calls @ .95
Sold XBI JAN 27 2023 90.0 Calls @ 1.03