#shortputs
$XBI BTC 7/21 85 put at .40. STO at 2.08. Thank you @fuzzballl
Daily Archives: Wednesday, July 19, 2023
SPY
5 minute scalp
Sold 1 SPY Jul 19 2023 455 Diagonal Put Net at $0.21
TSLA earnings
#BullPutSpreads – Possibly a sell the news but taking a directional shot to the upside anyway. I’ll manage by rolling or taking stock if it sells off. I must be bored. LOL
Sold TSLA Jul 21 2023 300.0/290.0 Bull Put Spread @ 5.75
Stopped out
#SPX1dte BTC $SPX Jul 19th 4560/4540 put spreads for 1.30. This leaves me flat for the week. I waited for third day to partake in the rally… surprise surprise, it didn’t work!
SNOW
#ShortPuts – Smaller position and shorter leash. Selling at the 50 day.
Sold SNOW Jul 28 2023 175.0 Put @ 2.28
SNOW
#ShortPuts – Looking a little toppy here so taking 60 to 70 percent a month early. Definitely looking for a down day to re-load.
Bought to Close SNOW Aug 18 2023 145.0 Put @ .73 (sold for 3.10)
Bought to Close SNOW Aug 18 2023 150.0 Put @ 1.06 (sold for 3.30)
Bought to Close SNOW Aug 18 2023 155.0 Put @ 1.49 (sold for 3.95)
TLT
#CoveredCalls #SyntheticCoveredCalls – Spreading them out a little now.
Sold TLT Jul 28 2023 103.0 Calls @ .70
Sold TLT Jul 28 2023 104.0 Calls @ .35
Sold TLT Aug 18 2023 105.0 Calls @ .70
AMGN
Sold my tiny AMGN position at 234.51.
Bought on 05/25/2023 at $220.00
#FormerFallingKnife
TLT
#CoveredCalls #SyntheticCoveredCalls – Being pretty careful with these hoping not to get run over.
Bought to Close TLT Jul 21 2023 102.0 Calls @ .56 (sold for .60)
Bought to Close TLT Jul 21 2023 103.0 Calls @ .15 (sold for .82)
TQQQ,
STO September 15, 38 puts at 1.13
SPX uncle
#SPX1dte Sold to Open $SPX Jul 19th 4560/4540 put spreads for 2.80, SPX at 4572, delta -.27
Selling a put spread only 12 points from ATM is not usually my style, but such is this bullish market. I may get a long call spread going as well.
SPX quandary
#SPX1dte I don’t see a strong reason for the rally to stop… we hit new 15-month highs yesterday and next resistance would be the $SPX April 2022 high of 4637. So I’m trying to enter an aggressive same-day #RiskReversal but want the futures to dip down to 4586 (symbol: /ES). Since it ain’t happening, I will likely wait for the open and look for SPX to take a small spike down and try the fill then.
Trade is
Selling 4530/4510 put spreads
Buying 4590/4610 call spreads
Net credit will be 50 to 60 cents. That put spread is pretty close to money so it is aggressive.
Options Bistro 