1 SPY 365/386 Bull Put Spread
No short SPY puts left going into tomorrow’s fed announcement
Daily Archives: Tuesday, March 21, 2023
SPX
BTO SPX Mar-27-23/Mar-24-23 4100 call calendar @1.8
SPY
#optionsexpiration
expired SPY 100 21 MAR 2023 400/404/385/381 CALL/PUT /sold @.32
btc the 400 short for .02 @2.57 cst. was not a problem till EOD.
SPY
#ShortPuts – A couple more. Gotta take ’em on a rally like this.
Bought to Close SPY MAR 22 2023 390.0 Put @ .40 (sold for 4.40)
Bought to Close SPY MAR 22 2023 392.0 Put @ .66 (sold for 3.70)
TQQQ,
BTC the butterfly and stayed short the $25 put in June
SPY Call
The last few minutes of trading pushed my SPY call in the money. Rolling!!
Bought to close 1 SPY Mar 21 2023 398.0 Call at $1.07
Rolled it to 1 SPY Mar 22 2023 403.0 Call at $1.26 for a $0.19 Credit at a 5 point higher strike.
My short put for today will expire.
#OnlySpreads
SPX 1-dte
#SPX1dte Not placing a trade for tomorrow due to Fed announcement. Looking for yesterday’s to expire but keeping a close eye as only 15 points from call strike and we are looking bullish.
Markets
Chart of the day
Median revenue growth is about to turn negative for the first time while these stocks still trade at over 22x earnings.
TQQQ,
BTO Butterfly, June 16, 25/35/40 and STO 25 put for a credit of .01 cent. I have not been trading these for a long time but if the banks have a problem and the FED is on hold this should work.
FRC Put
Playing this like I would a biotech stock approaching a binary event
Sold 1 FRC 03/24/2023 6.0 Put at $0.25
Stock currently $17.35
SPY TLT
#ShortPuts #SyntheticStock – A couple.
SPY: A little more risk reduction.
Bought to Close SPY MAR 22 2023 391.0 Put @ 1.33 (sold for 4.10)
Bought to Close SPY MAR 24 2023 390.0 Put @ 2.05 (sold for 3.85)
TLT: A new starter synthetic stock out to Jan 2025.
Bought TLT JAN 17 2025 105.0/105.0/75.0 Synthetic Stock /Disaster puts @ 4.85
Sold TLT MAR 24 2023 105.0 Calls @ 1.14
AMAT Stock
Exiting another low dividend payer
Liquidated the last of my tiny position in AMAT at $125.01, very near the YTD high.
Bought on 10/11/2022 at $75.00
#FormerFallingKnife #RaisingCash
VXX Put Ladder and SOXL Call
VXX: Calls yesterday, Puts today
Sold 1 VXX Mar 24 2023 44.0 Put at $0.10
Sold 1 VXX Mar 24 2023 44.5 Put at $0.10
Sold 1 VXX Mar 24 2023 45.0 Put at $0.12 and $0.22
Sold 1 VXX Mar 24 2023 45.5 Put at $0.14
Sold 1 VXX Mar 24 2023 46.0 Put at $0.17, $0.25 and $0.36
Sold 1 VXX Mar 24 2023 46.5 Put at $0.26, $0.33 and $0.40
Sold 1 VXX Mar 24 2023 47.0 Put at $0.22, $0.45 and $0.60
Sold 1 VXX Mar 24 2023 47.5 Put Limit at $0.35 and again at $0.70
Should be easy to roll if necessary. Paired up with an equal number of short calls.
#VXXContango
Sold 1 SOXL Mar 24 2023 18.0 Call at $0.42
#OnlySpreads
SPY
#spy0dte
STO SPY 21 MAR 2023 400/404/385/381 CALL/PUT @.32
SPX,
STO 3895/3915 put spread at .65 in the premarket.
Options Bistro 