#SPX1dte Expiring: $SPX July 10th 4340/4360-4435/4455 condors, sold this morning for .95
Holding until tomorrow: July 11th 4325/4345-4455/4475 condors, sold later in the morning for 1.05. Deltas are down to -.04 +.04. Had I waited to sell now, I would have been 20 points narrower and probably .10 less premium. Perfect sideways day.
#coveredcalls
$PLTR STO 7/14 16.5 call at .15
$U BTC 7/14 43 call and STO 7/14 41.5 call at added credit of .24
$TMUS STO 7/14 142 call at .35
$AI STO 7/14 42.5 call at .70
$NET STO 7/14 67 call at .56
#SPX1dte Sold to Open $SPX July 11th 4325/4345-4455/4475 condors for 1.05, deltas -.06 +.06, IV 13.95%
This worked last Monday, so trying again, selling next day’s early to get additional width on the wings. This is ahead of Wednesday morning’s CPI report so good chance we chop around today and tomorrow.
The Nasdaq 100 index is set to adjust the weighting of its 100 components, with the “magnificent seven” stocks Microsoft (MSFT), Apple, Nvidia (NVDA), Tesla (TSLA), Google parent Alphabet (GOOGL), Meta Platforms (META) and Amazon.com (AMZN) currently accounting for more than half the index’s weight.
The Nasdaq 100 special rebalance will take place before the market open on Monday, July 24, to “address overconcentration in the index by redistributing the weights.”
The weighting changes will be announced on Friday, July 14. No stocks will be added or removed.
#SPX1dte Sold to Open $SPX July 10th 4340/4360-4435/4455 condors for .95, deltas -.07 +.06, IV 18.1%
Options Bistro 