#bups
$NFLX BTC 7/21 380/390 BUPS at .20. STO 6/5 at 3.40
Daily Archives: Tuesday, July 18, 2023
SPY
10 minute scalp
Sold 1 SPY Jul 18 2023 454.00 Diagonal Put at $0.13
AI Put
#shortputs
$AI STO 7/21 39.50 put at .84
XBI
#ShortPuts – Re-loading.
Sold XBI Jul 28 2023 84.5 Puts @ .93
Sold XBI Jul 28 2023 84.0 Puts @ .77
TSLA Call Roll
#syntheticcoveredcalls
$TSLA BTC 7/21 290 call and STO 7/21 292.50 call ad cost of $1.10 but would gain $2.50 if called away. They report tomorrow after the close
SPY
#ShortPuts – Taking a few more at 80 percent or better with a lot of time left.
Bought to Close SPY Aug 04 2023 425.0 Put @ .31 (sold for 2.45)
Bought to Close SPY Aug 11 2023 425.0 Put @ .51 (sold for 3.15)
Bought to Close SPY Aug 18 2023 425.0 Put @ .76 (sold for 3.75)
Another stop
#SPX1dte Bought to close $SPX July 19th 4580/4600 call spreads for 1.85. Condors sold earlier for 1.15.
This is a week to be long and nothing else. I’m now slightly negative on week. Both mornings I missed entries to get long. Just gotta pull the trigger and not wait for a greedier fill.
XBI
#ShortPuts – Thinning the herd a little.
Bought to Close XBI Jul 21 2023 83.0 Puts @ .10 (sold for 2.20)
Stocks and Options
Sold out of my tiny KSS position at $26.01. Bought at $23.80 and $21.40
Sold out of my tiny BK position at $47.70. Bought at $43.79
Both are at 3-month highs
#FormerFallingKnife
Sold 1 KMX 07/21/2023 95/87.5 Bear Call Spread at $0.27 Credit.
Sold 1 WHR 07/21/2023 160.00 Call at $0.20 against an existing long 175 call to recover the long cost yet again.
#OnlySpreads
SPX stopped
#SPX1dte Bought to close $SPX Jul 18th 4555/4575 call spreads for 1.70.
Two days in a row. This time I sold lopsided deltas 0f -.10 and +.05 and the call side STILL stopped me out. I also tried to get into a long call spread this morning but missed the fill before we rocketed higher.
U Call
#coveredcalls
$U STO 7/21/42.50 call at 1.02
SPX next day
#SPX1dte Sold to Open $SPX Jul 19th 4470/4490-4580/4600 condors for 1.15, deltas -.08 +.06, IV 12.4%, SPX 4534
TMUS Call
#coveredcalls
$TMUS STO 7/21 142 call at .68
TQQQ,
STO September 15, 38 puts at 1.42
LULU
Replacing position btc yesterday:
STO Aug-18-23 360/350 Put Vertical @ 1.4 Limit
SPY,
BTC July 21, 385 puts at .02, sold at 3.31
BTC July 21, 390 puts at .02, sold at 2.73
SPX same day
#SPX1dte In pre-market a couple minutes after Retail sales number released…
Sold to Open $SPX Jul 18th 4470/4490-4555/4575 condors for 1.05, deltas -.10 +.05.
Definitely a bullish lean on the trade. Also my 4470 long put strike was my SHORT strike on the trade I placed yesterday which was still live. So this trade effectively closed that leg and my long strike is the 4450 from yesterday’s trade, meaning the put side has a 40-pt wing.
Options Bistro 