#SPX1dte Sold to Open $SPX March 27th 3860/3880-4040/4060 condors for 1.40, SPX at 3970, deltas -.06 +.06
This week’s profit, +4.45
Daily Archives: Friday, March 24, 2023
OptionsExpiration
Made the most money this week by fading the big VIX spike. Rolled a lot of VXX and UVXY Covered Calls to next week
==Expired==
BOIL 2/4 Bull Put Spread
LABU 8/6 Bear Call Spread
SOXL 20/17 Bear Call Spreads
SOXL 20/18 Bear Call Spread
UVXY 5.0 Diagonal Puts
UVXY 8/6 Bear Call Spreads
UVXY 8/6.5 Bear Call Spreads
UVXY 8.5/7 Bear Call Spreads
UVXY 9/7.5 Bear Call Spreads
UVXY 9.5/7.5 Bear Call Spread
VXX 43.5 Diagonal Put
VXX 44.5 Diagonal Puts
VXX 46.0 Diagonal Puts
VXX 47.0 Diagonal Puts
VXX 66/53 Bear Call Spread
VXX 67/56 Bear Call Spread
VXX 70/56 Bear Call Spread
VXX 73/59 Bear Call Spread
VXX 72/60 Bear Call Spread
FRC 6.0 Put
UAA 8.5 Put
==Assignments==
Early Assignment on BOIL 6.5 and 6.0 Puts
Adjusted costs are $5.17 and $4.84
(I’ll start writing calls on the stock next week)
AI Puts
#shortputs
$AI STO 3/31 26 calls at $2.00
$AI BTC 3/24 25 calls at .10. STO at 2.95
AMZN SPY TLT XBI
#ShortPuts #CoveredCalls #SyntheticCoveredCalls – A few.
AMZN: Synthetic covered.
Bought to Close AMZN MAR 24 2023 100.0 Calls @ .05 (sold for 1.75)
Sold AMZN MAR 31 2023 99.0 Calls @ 1.46
Rolled AMZN MAR 24 2023 93.0 Calls to Mar 31 2023 94.0 Calls @ .20 credit (2.25 total now)
Rolled AMZN MAR 24 2023 94.0 Calls to Mar 31 2023 95.0 Calls @ .50 credit (2.30 total now)
Rolled AMZN MAR 24 2023 95.0 Calls to Mar 31 2023 96.0 Calls @ .85 credit (2.50 total now)
SPY: Short puts and covered calls.
Bought to Close SPY MAR 24 2023 392.0 Put @ .05 (sold for 3.50)
Bought to Close SPY MAR 24 2023 392.5 Put @ .05 (sold for 4.20)
Sold SPY MAR 28 2023 393.0 Put @ 2.00
Sold SPY MAR 28 2023 394.0 Put @ 2.35
Sold SPY MAY 05 2023 375.0 Put @ 5.00
Rolled SPY MAR 24 2023 382.0 Call to MAR 31 2023 383.0 Call @ 1.70 credit (12.75 total now)
Rolled SPY MAR 24 2023 385.0 Calls to MAR 31 2023 386.0 Calls @ 1.75 credit (11.15 total now)
Rolled SPY MAR 24 2023 386.0 Calls to MAR 31 2023 387.0 Calls @ 2.00 credit (10.75 total now)
Rolled SPY MAR 24 2023 387.0 Calls to MAR 31 2023 388.0 Calls @ 2.20 credit (10.75 total now)
TLT: Covered and synthetic covered.
Rolled TLT MAR 24 2023 104.5 Calls to MAR 31 2023 105.0 Calls @ .15 credit (.65 total now)
Rolled TLT MAR 24 2023 105.0 Calls to MAR 31 2023 105.0 Calls @ .68 credit (1.80 total now)
XBI: Synthetic covered.
Bought to Close XBI MAR 24 2023 77.0 Calls @ .02 (sold for 1.60)
Sold XBI MAR 31 2023 75.0 Calls @ .76
VXX Calls
Bought to close 1 VXX 03/24/2023 54.0 Call at $0.01
Sold on a roll last Friday at $2.61
Bought to close 1 VXX 03/24/2023 55.0 Call at $0.01
Sold earlier this week at $0.52
FRC Put
My first gamble in this has paid off so trying again for next week
(This week’s FRC 03/24/2023 6.00 Put is about to expire)
Sold 1 FRC 03/31/2023 3.5 Put at $0.28.
Stock is currently trading at $12.12
Once again: Playing this like I would a cheap biotech stock approaching a binary event like a new drug approval
VXX Puts
Bought to close VXX Mar 24 2023 47.5 Puts at $0.01.
Sold at $0.30, $0.35 and $0.70 on Tuesday
(The premium of this one position covered the cost of ALL my long April VXX Puts)
Rolled them to VXX Mar 31 2023 44.0 Puts at $0.18. Lowered the short strike 3.5 Points.
#VXXContango
LABU BOIL Puts rolled
Bought to close LABU Mar 24 2023 4.5 Puts at $0.12. Sold at $0.16
Rolled them to LABU Mar 31 2023 4.0 Puts at $0.14 for a $0.02 Credit but a big $0.50 improvement in the short strike
Bought to close 1 BOIL Mar 24 2023 4.5 Put at $0.45
Rolled to 1 BOIL Mar 31 2023 4.5 Put at $0.63 for a $0.18 Credit
SPX risk off
#SPX1dte Bought to close $SPX 3845/3825 put spreads for .15. Condors sold yesterday for 1.40.
SPX,
STO 3845/3865 put spread at 2.45 in the pre market. You can do better now. They expire today.
Options Bistro 