#CoveredCalls – A few rolls to tomorrow.
Rolled SPY MAR 13 2023 386.0 calls to MAR 14 2023 382.0 Calls @ 5.40 credit (8.75 total now)
Rolled SPY MAR 13 2023 387.0 calls to MAR 14 2023 383.0 Calls @ 5.45 credit (8.45 total now)
Rolled SPY MAR 13 2023 388.0 calls to MAR 14 2023 384.0 Calls @ 5.40 credit (8.00 total now)
$SPX1dte Earlier, Bought to close $SPX Mar 13th 3750/3730 for .10. Taking a cue from last week and closing puts when I can. Condors sold Friday for 1.25, expecting call side to expire.
No trade for Tuesday due to CPI report release.
High yield #SP500 stocks at new lows at the open.
Tiny buys:
HBAN at $11.34
VFC at $20.88
FITB at 26.70 and $22.15
OGN at $22.50
LNC at $23.72
ZION at $26.06
BAC at $28.73
CFG at $29.72
TFC at $33.10
USB at $38.10
CMA at $42.59 and $30.00
BXP at $55.89
PNC at $128.25
KEY at $10.00
FRC at $25.00
#FallingKnife
Rolled today’s SPY Mar 13 2023 395.0 Put to tomorrow’s SPY Mar 14 2023 394.0 Put at $0.02 Net Credit
Short the SPY 396.0 Call for tomorrow too.
STO KRE Apr21’23 25 PUT @0.45
STO KRE Apr21’23 30 PUT @0.95
STO FAS Apr21’23 40 PUT @1.98
STO FAS Apr21’23 35 PUT @1.24
I stepped into a hornet’s nest with these two but was able to roll them out and down:
Bought to close 1 CMA Mar 17 2023 62.5 Put / Sold 1 CMA Apr 21 2023 60.0 Put at $0.20 Credit
Bought to close 1 ZION Mar 17 2023 42.5 Put / Sold 1 ZION Apr 21 2023 40.0 Put at $0.25 Credit
#spx5dte Taking a shot for a bearish week since $VIX has exploded and Downside Warning started. Probably take half off if it doubles soon, then wait for more.
Bought to Open $SPX March 17th 3700/3680 put spreads for 2.00. SPX at 3878.
Sold 1 SPY Mar 14 2023 396.0 Call at $0.85
Sold 1 SPY Mar 15 2023 397.0 Call at $0.92
Sold 1 SPY Mar 15 2023 395.0 Call at $1.38
Paired with short Puts sold last week that I will probably have to roll
#OnlySpreads
Sold 1 VXX Mar 17 2023 60.0 Call at $4.20
Sold 1 VXX Mar 17 2023 59.0 Call at $4.35
Sold 1 VXX Mar 17 2023 58.0 Call at $4.80
Sold 1 UVXY Mar 17 2023 7.0 Call at $0.77
I followed Jeff this morning in the pre market at 1.50 for a small trade and, I am watching it like a hawk.
Sold 1 LABU Mar 17 2023 4.5 Put at $0.27
Sold LABU Mar 17 2023 6.0 Calls at $0.11 (paired with LABU 6.0 puts I rolled last week)
Sold 1 SOXL Mar 17 2023 12.5 Put at $0.52 (paired with 1 SOXL 14.0 Call I rolled last week)
Sold 1 SOXL Mar 17 2023 12.0 Put at $0.32
Options Bistro 