Option Iceman 1:18 pm on Tuesday, May 16, 2023

VIXspire

I’m expecting these to expire on the open tomorrow
VIX 25/19 Bear Call Spreads
VIX 25/20 Bear Call Spreads
VIX 25/21 Bear Call Spread
VIX 29/26 Bear Call Spread
VIX 15/17 Bull Put Spreads
I put most of these on before the last FED meeting and the latest CPI results

fuzzballl 1:04 pm on Tuesday, May 16, 2023
Tags: ShortPuts ( 4,412 )

XBI

#ShortPuts – Starter.

Sold XBI JUN 16 2023 80.0 Puts @ 1.30

fuzzballl 1:03 pm on Tuesday, May 16, 2023
Tags: ShortPuts ( 4,412 ), SyntheticStock ( 335 )

TLT XBI

#SyntheticStock #ShortPuts – A slow week so far.

TLT: Added to synthetic.

Bought TLT JAN 17 2025 105.0/105.0/75.0 Synthetic Stock /Disaster Puts @ 2.80

Sold TLT MAY 26 2023 105.0 Calls @ .63

XBI: Awful liquidity in the synthetic so closing for tiny winners and moving back to put sales.

The good:

Sold XBI JUN 20 2025 80.0/80.0/40.0 Synthetic Stock with Disaster Puts @ 8.75 avg. (basis 4.85)

The bad:

Bought to Close XBI MAY 19 2023 80.0 Calls @ 5.00 ( sold for 1.40)

The result:

Net gain of .30 on the entire position. (mid was around 11.00 for the synthetic and filled below 9.00…uugh)

Option Iceman 1:03 pm on Tuesday, May 16, 2023

Late Trades

Market goes negative
Sold 1 KRE May 19 2023 35 Put at $0.16

VXX Call Ladder
Sold 1 VXX May 19 2023 39 Call at $0.40
Sold 1 VXX May 19 2023 39.5 Call at $0.39
Sold VXX May 19 2023 40 Calls at $0.29 and $0.32
Sold VXX May 19 2023 40.5 Calls at $0.26
Sold 1 VXX May 19 2023 41 Call at $0.21
Sold 1 VXX May 19 2023 41.5 Call at $0.18

Sold UVXY Jun 02 2023 5 Covered Calls at $0.08