#ShortPuts #CoveredCalls #SyntheticCoveredCalls – A few.
SNOW: Adding at the expected move and below all the major moving averages and the week before earnings and near recent lows. (the perfect storm) 🙂 🙂
Sold SNOW AUG 18 2023 145.0 Put @ 3.10
SPY: Adding.
Sold SPY AUG 04 2023 425.0 Put @ 2.45
Sold SPY AUG 11 2023 425.0 Put @ 3.15
TLT: Another round.
Bought to Close TLT JUL 07 2023 104.5 Calls @ .01 (sold for .53 and .54)
Sold TLT JUL 21 2023 102.0 Calls @ .60
BTC January 2025, 40 puts at 10.50, sold at 11.71, I should have covered yesterday at 9.50 but I got greedy. Any way, It frees up a lot of margin and I am still long the calls.
#SPX1dte Sold to Open $SPX July 6th 4390/4410-4490/4510 condors for .90, deltas -.08 +.06, SPX at 4450, IV 12.2%.
Expiring: 4400/4380 put spreads, sold this morning, and call side of condors sold Monday (4495/4515)
Early roll – AI #Calls (Covered) – Jul-14 37.5 // Jul-28 40 @0.09 debit.
#SPX1dte Sold to Open $SPX July 5th 4400/4380 put spreads for .75. Delta -.07, IV 18.25%
Adding to my already existing 4375/4395-4495/4515 condors, sold Monday morning for 1.25. Futures are at the low end of their overnight range, so making a bet on a drift higher into today’s close. This does however, double my risk on downside. Expected move is only 18.67 at 30 minutes before the open (usually between 20-25 at this time in last couple months).
Sold 1 JPM 07/07/2023 152.5/148 Bear Call Spread at $0.25 Credit
Sold 1 TROW 119/113 Diagonal Bear Call Spread at $0.90 Credit
For Next Week:
Sold 1 VNO 25/20 Diagonal Bear Call Spread at $0.31 Credit. Stock closed at 18.65
Sold 1 CE 07/21/2023 135/120 Bear Call Spread at $1.45 Credit. Stock closed at 116.92
Sold 1 LNC 07/21/2023 32.5/27.5 Bear Call Spread at $0.30 Credit. Stock closed at 26.07
Risk Off – have been rolling this for a while.
BTC MSTR Jul-07-2023 260/270#bups @0.20
Roll Jul-07-2023 385/395 #bups // Jul-14-2023 390/400 @1.15 credit.
#coveredcalls
$AI STO 7/3 38 call at $1
$U STO 7/3 44.50 call at $.68
#SPX1dte Sold to Open $SPX July 5th 4375/4395-4495/4515 condors for 1.25, deltas -.07 +.07, SPX at 4448, IV 10.1%.
Jumping in early on this one, at risk of the three hours remaining today spoiling my fun.
#SPX1dte Sold to Open $SPX Jul 5th 4395/4415-4475/4495 condors for .80, deltas -.06 +.07
DLR 125/115 Diagonal Bear Call Spread at$0.75 Credit. Stock $113.87
MDT 93/89 Diagonal Bear Call Spread at$0.36 Credit. Stock $88.10
BOIL 3.5 (pre-split) Covered Calls
LABU 4/5.5 Bull Put Spreads
PNC 110/118 Bull Put Spread
PNC 115/119 Bull Put Spread
PNC 120 Diagonal Put
SOXL 15/20 Bull Put Spreads
SOXL 17.5/20.5 Bull Put Spreads
SOXL 21 Diagonal Puts
SOXL 31/26.5 Bear Call Spreads
SOXL 28/26 Bear Call Spreads
UVXY 4.0 (pre-split) Covered Calls
VXX 26/27/28/29/30/31 Diagonal and Covered Calls
Assignments:
Letting all my LABU stock get called away at 5.50 plus a $1.32 Covered Call Premium.
Got in this on an old put assignment with an adjusted cost of about $4.40
Options Bistro 