#onlyspreads
sto SPY 21 APR 2023 410/406 PUT @.35 /expired
—
#spy7dte
sto SPY 28 APR 2023 396/392.5 PUT @.13
sto SPY 28 APR 2023 397/393 PUT @.14
Daily Archives: Friday, April 21, 2023
OptionsExpiration
BOIL 4.0, 4.5, 5.0 and 5.5 Covered Calls
LABU 3.5/5.5 Bull Put Spreads
SOXL 21.5/17 Bear Call Spread
SOXL 11.5/13.5 Bull Put Spread
SOXL 12/14 Bull Put Spread
SOXL 12/14.5 Bull Put Spread
UVXY 4.5 and 5.0 Covered Calls
VXX 64/48 Bear Call Spreads
VXX 58/48.5 Bear Call Spread
VXX 57/45.5 Bear Call Spread
VXX 56/45 Bear Call Spread
VXX 56/44.5 Bear Call Spreads
VXX 55/44 Bear Call Spreads
VXX 54/43.5 Bear Call Spread
VXX 53/43 Bear Call Spread
VXX 42.5, 42.0, 41.5 and 41.0 Diagonal Calls
VXX 30/38 Bull Put Spreads
VXX 31/38 Bull Put Spreads
VXX 32/39 Bull Put Spreads
VXX 39.0 Diagonal Puts
VXX Puts
Now that my VXX Apr 21 39.0 Puts are expiring I’m selling some for next week.
Sold VXX Apr 28 2023 37.0 Diagonal Puts at $0.22, $0.25 and $0.29
Sold against existing long VXX May Puts
#VXXContango
SPX 1-dte
#SPX1dte Not trading for Monday, gonna wait for the morning.
AMZN Stock
Sold the last of my tiny AMZN stock position at $108.01
Bought on 11/09/2022 at $88.00
#FormerFallingKnife #RaisingCash
PNC Calls
Rolled a whole bunch of PNC April 21 2023 Calls up 4 points each for just one more week
Rolled PNC 127 Covered Call to PNC 131 Covered Call at $0.39 Credit
Rolled PNC 128 Call to PNC 132 Call at $0.29 Credit
Rolled PNC 129 Call to PNC 133 Call at $0.24 Credit
Rolled PNC 130 Call to PNC 134 Call at $0.19 Credit
All this while PNC was actually falling on the day
LABU Call Roll, SOXL Put sale
Bought to close LABU Apr 21 2023 6.0 Diagonal Calls at $0.06. Sold at $0.16
Rolled them to LABU Apr 28 2023 6.5 Diagonal Calls at $0.08 for a $0.02 Credit and a $0.50 higher Strike
Bought to close 1 LABU Apr 21 2023 6.0 Covered Call at $0.06
Sold 1 LABU Apr 28 2023 6.0 Covered Call at $0.28
Why is LABU so strong on Friday recently??
The rest of the market = ZZZZZZZZZZzzzzzzzzzzzzzz
Sold 1 SOXL Apr 21 2023 14.5 Put at $0.12
0DTE
The VIX Is Dead, Long…
The VIX Is Dead, Long Live The 0DTE VIX
https://www.zerohedge.com/markets/vix-dead-long-live-0dte-vix
VXX Trades
Closed 1 VXX 38/48 short strangle at $0.02. Sold last Friday at $0.45
Bought to close 1 VXX Apr 21 2023 41.0 Covered Call at $0.21. Sold at $0.46
Rolled it up to 1 VXX Apr 28 2023 46.0 Covered Call at $0.53
Later:
Bought to close VXX Apr 21 2023 40.5 Covered Calls Net Credit at $0.04. Sold yesterday on a rolldown at a $0.58 Average
Rolled them UP to VXX Apr 28 2023 48.0 Covered Calls at $0.27 for a $0.23 Credit with a big jump in the short strike
Bought to close VXX Apr 21 2023 43.5 Covered Calls at $0.01. Sold them at $0.22 earlier this week
Rolled them UP to VXX Apr 28 2023 48.0 Covered Calls at $0.30 for a $0.29 Credit
Bought to close 1 VXX Apr 21 2023 42.0 Covered Call at $0.01. Sold at $0.34 yesterday
Rolled it UP to 1 VXX Apr 28 2023 48.0 Covered Calls at $0.30 for a $0.29 Credit
SPX risk off
#SPX1dte Bought to close $SPX April 21st 4055/4035 put spreads for .10. Condors sold yesterday for 1.05. Risk still ON for call side, but it seems the precipitous moves this week have been downward.
Lesson learned last week: If I get to the end of the week and I’m at or above my 3.00 target, lean toward taking risk off and ending the week strong, rather than last week when the final two hours of day chopped 2.20 off my week.
Provided no upside surge today, week’s profit is +4.00
Options Bistro 