#spx1dte
$SPX STO 3950/3970 – 4170/4190 PM expiration at $1.00 $SPX at 4092
As noted today’s trade closed at .10. STO at $1.00
Daily Archives: Thursday, February 16, 2023
SPX 1-dte
#SPX1dte Sold to Open $SPX Feb 17th 3965/3985-4165/4185 condors for 1.30.
Expired: Feb 16th 4045/4065-4200/4220 condors, sold yesterday for 1.15
SPX,
STO FEB, 17, 4010/4030-4190/4210 Iron Condor at 1.20, I was too early on this.
SOXL
CALENDAR SOXL /17th FEB 2023, 17 CALL to 24 FEB 2023 @52 credit
SPY,
STO March 24, 390 put at 3.04
Sorry, it was March 24 and not March 3
AMZN SPY
#ShortPuts #CoveredCalls #SyntheticCoveredCalls – This is the last of it. Making the big move tonight. Look out Fidelity here I come! 🙂 🙂 🙂
AMZN: Synthetic covered.
Rolled AMZN FEB 17 2023 97.0 Calls to MAR 3 2023 97.0 Calls @ 1.57 credit (4.75 total now)
Rolled AMZN FEB 17 2023 98.0 Calls to MAR 3 2023 98.0 Calls @ 1.78 credit (4.40 total now)
Rolled AMZN FEB 17 2023 99.0 Calls to MAR 3 2023 99.0 Calls @ 1.93 credit (4.00 total now)
SPY: Clean up the scraps.
Bought to Close SPY FEB 17 2023 400.0 Puts @ .07 (sold for 2.50)
Bought to Close SPY FEB 17 2023 404.0 Put @ .15 (sold for 3.00)
Bought to Close SPY FEB 17 2023 405.0 Put @ .18 (sold for 3.10)
Bought to Close SPY FEB 17 2023 405.0 Put @ .19 (sold for 2.75)
Bought to Close SPY FEB 24 2023 400.0 Put @ .71 (sold for 2.50)
Sold SPY MAR 10 2023 402.5 Put @ 3.15
GOOGL SPY TLT XBI
#ShortPuts #CoveredCalls #SyntheticCoveredCalls – A few on the early weakness. Skipping next week and using March 3rd while my accounts are being moved.
GOOGL: Synthetic stock. Small one for fun. Mainly to compare it to AMZN and see which I like best.
Bought GOOGL JUN 20 2025 95.0/95.0.0/45.0 Synthetic Stock with Disaster Puts @ 11.25
Sold GOOGL MAR 3 2023 95.0 Calls @ 2.73
SPY: Adding.
Sold SPY MAR 3 2023 403.0 Put @ 2.44
Sold SPY MAR 3 2023 404.0 Put @ 2.66
Sold SPY MAR 24 2023 390.0 Put @ 3.85
Rolled SPY FEB 17 2023 399.0 Call to MAR 3 2023 402.0 Call @ .45 credit (7.60 total now)
TLT: Another synthetic dividend.
Bought to Close TLT FEB 17 2023 106.0 Calls @ .01 (sold for .55)
Sold TLT MAR 3 2023 104.0 Calls @ .55
Rolled TLT FEB 17 2023 104.0 Puts to MAR 3 2023 104.0 Puts @ .62 credit (1.45 total now)
XBI: Adding.
Sold XBI MAR 17 2023 80.0 Put @ 1.10
Tool for Tracking My Positions
Over the past few years I have been working to evolve a system for tracking my positions that doesn’t take a lot of time. It has been informative and helped evolve my trading practices. I am able to download my current portfolio and daily trades (custom date in historical trades using current day as the starting date) from my Schwab accounts. Once they are downloaded the google sheets program does the magic and gives me my performance for each of the positions generating a graph like the ones below.
The graphs give me the cumulative daily profit for the stock, option(s), dividends and net of the three.
Ideally the black line (net profit) should be above the blue line (profit/loss from the stock). As you can see in the charts below it is a challenge to get the black line above the blue line. When the stock price drops and I make money on the short calls it out performs the stock but when the stock goes on a run the loss on the options tend to offset the gains.
I try and hold my stock positions for 12 months so I only pay long term capital gains when I sell them (which can be a challenge based on the tax rules). Lots of rolls on the options. Some weekly, some monthly.
I use Schwab for the trading and downloads.
Hope you find this interesting and it might give you some ideas. I track about forty positions between two accounts.
SPX,
4050/4070-4230/4250 iron condor this morning premarket STO at 1.25
Options Bistro 