Jeff 1:01 pm on Monday, May 22, 2023
Tags: SPX1dte ( 1,434 )

Long shot

#SPX1dte Bought to open $SPX June 2nd 4330/4350 call spreads for .90. I want to add occasional long spreads to hedge the gut punch this strategy can deliver. This one is speculation that a debt ceiling deal will be reached this week and give us short-term pop higher.

Option Iceman 12:59 pm on Monday, May 22, 2023

VIX Index

Bought to close the last of my VIX May 24 17.0 Puts at $0.15. Originally sold at $0.29
Today’s low on the VIX was 16.82

Jeff 9:15 am on Monday, May 22, 2023

VIX 1-day so far

Here is the 30-minute chart of the entire history of $VIX1D. Starts low and ends high every single day except for one.

Option Iceman 8:27 am on Monday, May 22, 2023
Tags: FallingKnife ( 913 ), FormerFallingKnife ( 121 ), RaisingCash ( 94 ), SP500 ( 223 )

ARE PEAK WBA GRMN Stocks

Started a tiny new position in ARE at 114.94, near the 52-week low.
Div = 4.17%
#SP500 #FallingKnife

Added to my tiny position in PEAK at 19.70, near the 52-week low.
Div = 6.03%
#SP500 #FallingKnife

Added to my tiny position in WBA at 30.38, near the 52-week low.
Div = 6.13%
#SP500 #FallingKnife

Liquidated my tiny position in GRMN at $105.01.
Bought this 4 times in 2022 at $104.18, $96.38, $92.30 and $86.00. Made a bit over 10% plus a 2.8% dividend.
#FormerFallingKnife #RaisingCash

Jeff 7:54 am on Monday, May 22, 2023
Tags: SPX1dte ( 1,434 )

Risk off

#SPX1dte Bought to close $SPX May 22nd 4235/4255 call spreads for .10. Same order is in for the puts.

Another day of whipsaw, although manageable. Until debt ceiling issue is resolved, I’m taking safest route possible and closing wings when i can.

Option Iceman 7:40 am on Monday, May 22, 2023

VFC Earnings

Earnings tomorrow after the close
Sold 1 VFC Jun 09 2023 13.0/ VFC May 26 2023 17.5 Diagonal Bull Put spread at $0.45 Credit
Sold 1 VFC Jun 16 2023 12.0/ VFC May 26 2023 16.5 Diagonal Bull Put spread at $0.31 Credit

Option Iceman 7:34 am on Monday, May 22, 2023

VXX VIX

A short but sharp move in both that lasted about 3 minutes
VXX Call Ladder
Sold 1 VXX May 26 2023 42.0 Call at $0.25
Sold VXX May 26 2023 42.5 Calls at $0.23
Sold VXX May 26 2023 43.0 Calls at $0.21, $0.22 and $0.28
Sold VXX May 26 2023 43.5 Calls at $0.20 and $0.25
Sold 1 VXX May 26 2023 44.0 Call at $0.19
Sold 1 VXX May 26 2023 44.5 Call at $0.18
Sold VXX May 26 2023 45.0 Calls at $0.17

VIX Index
Bought to close some of my VIX May 24 17.0 Puts at $0.25. Originally sold at $0.32
Sold to open VIX May 24 2023 19.0 Calls at $0.23, $0.28 and $0.30
Sold to open 1 VIX May 24 2023 21.0 Call at $0.18