F MARA SOXL SPCE LABU
#optionsexpiration
F 13.5 PUT
MARA 11 PUT
SOXL 21,21.5,22,AND 22.50 PUT
SPCE 4 PUT/PROBALLY ASSIGNED
#rolling
ROLLED SPCE 4 AND 4.5 TO NEXT WEEK
ROLLED SOXL 22.5 PUT TO NEXT FRIDAY
ROLLED LABU 6,6.5 AND 7 PUT TO NEXT WEEK AND NEXT WEEK AFTER THAT.
#optionsexpiration
$U 44 call
$TSLA 265 call
$SOXL 24.5 put Thank you @walter6871
$AI 32 put
#SPX1dte The halfway mark, and I’m at 17.0% ROI for this strategy. That projects to be 34% annually. I have averaged 1.21 per week, or $3,151 for each 15K invested.
Before my smash up at end of April I was on track for 100% annually (3.00 per week). That goal is not reasonable, as Q1 was a relative breeze to manage. My expectation was and still is 2.00 per week. I am low now because April/May
losses were higher than they would be had I handled it properly. Nonetheless, it was a good lesson. It will be tough to get back to 2.00 average by end of the year, but I’ll try.
No trade for Monday, which is a half day for the market. Premium is just too low to bother with. I will consider a trade or two before the open Monday morning.
Happy Fourth everyone! Refresh your browser for patriotic awesomeness!
I am back in the 2025 40 calls and still short the 40 puts to help pay for them so my net cost is 7.10 and 19 months for the trade to work out. My worst case is that I have to buy TQQQ at $40.00
#SPX1dte Sold last HALF of #RiskReversal long for 4.78 (legged out): $SPX Jun 30th 4455/4475 call spreads. Entered for -.20 debit last Friday. Sold first half for measly .60 yesterday, not thinking we’d be here today. Short put spread expiring worthless.
It does rescue my week from being a loss, now a small profit.
Rolled forward a week 1 LABU Jun 30 2023 5.5 Call at $0.08 Credit
Bought to close LABU Jun 30 2023 6.0 Puts at $$0.09, $0.08 and $0.06
Bought to close LABU Jun 30 2023 6.0 Calls at $0.03
Gains on both sides of the straddle
Buy/Write – AI Jun-30 37.50 Covered Calls @ 37.00
BTC July 7, 380 puts at .03, sold at 2.35
BTC July7, 385 puts at .03,sold at 2.80
BTC July 7, 390 puts at .03,sold at 3.35
#ShortPuts – Bought to Close SPY Jul 07 2023 425.0 Put @ .13 (sold for 2.25)
#coveredcalls
$AI BTC 6/30 35 call and sell 7/7 36.5 call at even. Gain $1.50 if called away. Stock at $37.6.
…switch back to shorts. I’m always off on timing. Today we get the rip higher I was expecting this week, but only after I threw in the towel.
Bought to close $SPX Jun 30th 4445/4465 call spreads for 3.70. Condors sold yesterday for 1.05.
My only hope now is the second half of my 4455/4475 LONG call spread. This is 10 points higher than the one I just closed, so I’m rooting for a super rip of a day so I can recoup the loss.
#CoveredCalls – Early assigned on some short puts at a basis of 101.40. Selling calls prior to the next Fed meeting and rolling other puts setting up covered straddles.
Sold TLT Jul 21 2023 103.0 Calls @ .82
Rolled TLT Jul 07 2023 103.5 Puts to Jul 21 2023 103.0 Puts @ even (1.10 total now)
Options Bistro 