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Monthly Archives: March 2023
VXX
1 for 4 reverse split is effective today
COIN SNAP
Expired
COIN 3/3/23 $70 CALL at $.70, covered call, cost basis $59.83
COIN STO 3/10/23 $60 PUT at $2.97
SNAP BTO 1/17/25 $10 CALL at $4.05
#coveredcalls
#lotteryticket
#bottomfeeding
SPY OptionsExpiration
1 SPY Mar 06 2023 373.0/397.0 Bull put Spread expired
#SPYDailyLadder
SPX 1-dte
#SPX1dte Sold to Open $SPX March 7th 3955/3975-4120/4140 condors for 1.80, SPX at 4050, deltas -.07 +.07
Expiring: March 6th 3960/3980-4105/4125 condors, sold Friday for 1.30.
SPY Call Rollup
Rolled today’s SPY 403.0 Call to Thursday’s SPY 406.0 Call at $0.33 Credit
#OnlySpreads
SPY Put Ladder
Sold 1 SPY Mar 07 2023 400.0 Put at $0.52
Sold 1 SPY Mar 08 2023 398.0 Put at $0.54
Sold 1 SPY Mar 09 2023 396.0 Put at $0.54
Sold 1 SPY Mar 09 2023 395.0 Put at $0.39
#SPYDailyLadder
#OnlySPreads
XBI
STO XBI May19’23 75 PUT @1.80
LABU SOXL
Taking what the market will give me
Sold LABU Mar 10 2023 7.5 Calls at $0.06
Sold SOXL Mar 10 2023 17.5 Calls at $0.17
#OnlySpreads
Forward implied volatility
SPX 1 DTE
#spx1dte
$SPX STO 3/6 3960/3980 – 4110/4130 at $1.10
Today’s Trade
$SPX 3085/3905 – 4050/4070 expired. STO at .80
My call spreads did expire…
My call spreads did expire but it was a bit hairy. No trade for Monday as I could not get enough premium
OptionsExpiration
Expired
BOIL 5.5 Diagonal Puts
BOIL 6.0 Diagonal Puts
LABU 7.0 Covered Call
LABU 11.5/8.5 Bear Call Spread
LABU 10/7 Bear Call Spreads
SOXL 18/16 Bear Call Spread
SPY 377/389 Bull Put Spread
UVXY 6.0 Covered Calls
UVXY 5.5 Covered Calls
UVXY 8/6 Bear Call Spreads
UVXY 7.5/5.5 Bear Call Spreads
UVXY 7/5 Bear Call Spreads
VXX 13.5 Covered Calls
VXX 13.0 Covered Calls
VXX 12.5 Covered Calls
VXX 16.5/14 Bear Call Spreads
VXX 16/13.5 Bear Call Spreads
VXX 16/13 Bear Call Spreads
SPX 1-dte
#SPX1dte Sold to Open $SPX March 6th 3960/3980-4105/4125 condors for 1.30, SPX at 4040, deltas -.08 +.05. Purposefully leaning a bit bullish, since some follow through from today’s rally may start the week.
As usual, the stop out ended up not being necessary, but short strike was breached so I’m happy with decision. Also managed to sell the long 4075 calls for .10, reducing my loss on the trade to be only -.50.
SOXL Calls
Sold 1 SOXL Mar 10 2023 16.5 Call at $0.38
Rolled today’s SOXL Mar 03 2023 15.5 Calls to SOXL Mar 10 2023 17.0 Calls at $0.09 Credit
A small overall gain on the 15.5 Calls
#OnlySpreads
SPY Roll + one more
Rolled today’s SPY Mar 03 2023 402.0 Call to Tuesday’s SPY Mar 07 2023 404.0 Call at $0.80 Credit
Sold 1 SPY Mar 08 2023 409.0 Call at $1.05
#OnlySpreads
SPX stopped
#SPX1dte Bought to close $SPX March 3rd 4045 call for 2.00. Taking my first stop in just over 3 weeks. This is the kind of day that can sneak up and kill a trade. A Friday with a slow climb upwards. Odds are we have already topped out for the day, but chances of a follow through are good enough to take the small loss and retain a nicely profitable week of +4.30.
SPY Call and Put
Sold 1 SPY Mar 07 2023 408.0 Call at $0.71
Sold 1 SPY Mar 08 2023 392.0 Put at $0.60
#SPYDailyLadder
#OnlySpreads
SPX,
STO the 4050/4070 call spread at .35 cents. I will sell the put side in the pre market tomorrow. Also, a FED governor said something bearish and leesman had a report on CNBC after the close.
SPX 1 DTE
#spx1dte
$SPX STO 3/3 3885/3905 – 4050/4070 at $0.80
Todays trade expired. STO at $1.30
SPY OptionsExpiration
1 SPY 380/390 Bull Put spread Expired
1 SPY Mar 02 2023 393.0/401.0 Short Strangle expired too 🙂
#SPYDailyLadder
SPX-1dte part 2
#SPX1dte Sold to Open $SPX March 3rd 3880/3910-4045/4075 condors for 1.40, SPX at 3979, deltas -.06 +.05
The wings on this are accidentally 30-points wide, so got a bit more premium with a bit more risk.
SPY Call
Sold 1 SPY Mar 06 2023 403.0 Call at $0.52
#OnlySpreads
SPX1dte
#SPX1dte Not placing a trade for Friday since we have Jobs numbers released an hour before the open. I will consider a trade in that hour after the release.
Expiring: $SPX Mar 2nd 3865/3885-4015/4025 condors, sold yesterday for 1.25
SPY
#ShortCalls – Offset by some short puts.
Sold SPY MAR 10 23 405.0 Calls @ 1.35
SPY Call
Sold 1 SPY Mar 03 2023 402.0 Call at $0.24
#OnlySpreads
PPG Stock
Liquidated my tiny PPG position at $135.01
Bought last March at $125.00 and again at $119.00
I will get the latest dividend on 3/10 too
#FormerFallingKnife #RaisingCash
SOXL Call
Sold 1 SOXL Mar 10 2023 16.5 Call at $0.15
#OnlySpreads
AMZN SPY XBI
#ShortPuts #CoveredCalls #SyntheticCoveredCalls – A few.
AMZN: Last of this week’s. Already sold next week.
Bought to Close AMZN MAR 03 2023 97.0 Calls @ .05 (sold for 4.70)
SPY: Moving a little back into cash. Out at near the original assignment price and wrote many many calls against the position also.
Sold Covered Stock @ 391.10 (assigned @ 389.00)
Sold Covered Stock @ 391.50 (assigned @ 390.20)
Adding a little downside help:
Rolled SPY MAR 17 23 393.0 Call to MAR 17 2023 385.0 Call @ 5.40 credit (8.65 total now)
XBI: First one in this expiration.
Sold XBI APR 21 2023 75.0 Put @ 1.35
Short Puts
Sold 1 PNC 03/10/2023 143.00 Put at $0.50. 52W Range = 143.52 – 199.43
Sold 1 CMA 03/17/2023 62.50 Put at $0.28. 52W Range = 62.83 – 97.52
VXX Long Puts
Bought VXX Sep 15 2023 6.0 Puts at $0.13 and $0.12.
Further hedges for short VXX Puts I am rolling every week
#VXXContango
SOXL Call Rollup
Bought to close 1 SOXL Mar 03 2023 13.5 Call at $0.75. Sold on a roll last week at $1.88
Replaced it with a sale of 1 SOXL Mar 10 2023 14.0 Call at $0.83
#OnlySpreads
SPX
STO 3865/3885-4015/4035 at 1.35 in the pre market
SPY Options Expiration
1 SPY Mar 01 2023 380/391 Bull Put Spread expired
#SPYDailyLadder
SPX 1-dte
#SPX1dte Sold to Open $SPX Mar 2nd 3865/3885-4015/4025 condors for 1.25, SPX at 3950, delta -.06 +.05
Expiring: March 1st 3890/3910-4035/4055 condors, sold yesterday for 1.15
VXX Calls for next week
Sold VXX Mar 10 2023 13.0 Calls at $0.19 and $0.20
SPY Puts and Call
Sold 1 SPY Mar 02 2023 401.0 Call at $0.43
Sold 1 SPY Mar 02 2023 390.0 Put at $0.53
#OnlySpreads
Sold 1 SPY Mar 03 2023 389.0 Put at $0.65
#SPYDailyLadder
Options Bistro 