#optionsexpiration
$AI 45 call
$AI 44,5 call
$AI 42.5 call
$GOOGL 136 call
$RIOT 19.5 call
$MARA 17.5 call
$TSLA 280 call
$NET 74 call
#assignment
$MARA 17 put Basis 15.35
Daily Archives: Friday, August 4, 2023
AMZN
#closed
BTC AMZN 4 AUG 2023 121 PUT @.01 sto @1.10
BTC AMZN 4 AUG 2023 132 PUT @.01 sto@3.65
SNOW short puts
Sold to open $SNOW Sep 15 150 puts @ 5.15 (23 delta) with the stock at 169.06. To go long or keep the premium.
TLT
#SyntheticCoveredCalls – A little aggressive but counting on an oversold bounce. Rolling synthetic only and leaving the regular covered calls at 101.
Rolled TLT Aug 11 2023 101.0 Calls to Aug 11 2023 97.5 Calls @ .39 credit (.78 total now)
SNOW TSLA XBI
#CoveredCalls #ShortPuts – Not letting anything other than TLT get assigned for now. With the Fidelity cash sweep up to 4.97% perfectly happy just letting the cash back put sales. I’ll be letting all my SPY stock go in two weeks (assuming we’re over 400) and unloading the TSLA as soon as it’s back to even.
SNOW: Small gain on the bounce.
Bought to Close SNOW AUG 04 2023 167.5 Put @ 1.25 (sold for 3.05)
Bought to Close SNOW AUG 04 2023 170.0 Put @ 2.35 (sold for 2.30)
TSLA: Covered rolling and keeping downside protection.
Rolled TSLA Aug 04 2023 240.0 Call to Aug 11 2023 240.0 Call @ 1.05 credit (28.95 total now)
XBI: Rolling
Rolled XBI AUG 04 2023 83.0 Puts to AUG 11 2023 82.5 Puts @ .20 credit (.95 total now)
Rolled XBI AUG 04 2023 83.5 Puts to AUG 18 2023 82.5 Puts @ .15 credit (1.05 total now)
Rolled XBI AUG 04 2023 84.0 Puts to AUG 18 2023 83.0 Puts @ .03 debit (.95 total now)
Rolled XBI AUG 04 2023 84.5 Puts to AUG 18 2023 84.0 Puts @ .14 credit (1.35 total now)
SHOP short puts
Sold to open $SHOP Sep 15 60 puts @ 3.48 with the stock at 59.82. Looking to go long.
July Jobs Report
#Jobs — Lower than expected, but steady growth continues.
Gain of +187,000 non-farm payroll jobs, vs. expected gain of 200K
Unemployment down by 0.1 to 3.5%, vs expected no change
U6 unemployment 6.7%, down by 0.2
Labor force participation at 62.6% for 5th straight month
Average hourly earnings up by 0.4%; 4.4% increase over the year, stronger than expected
May jobs revised down by -25K to +281K
June jobs revised down by -24K to +185K
TEAM
BTC $TEAM 145/155 8/18/2023 #BuPS @0.12 was STO 7/18 as a roll from June. Total $2.98 premium.
TQQQ,
BTC September 8, 42 puts at 2.65,sold at 1.80 so took a small hit on this one. Market feels heavy here.
BOIL
Bought to close 1 BOIL 08/04/2023 55.00 Put at $0.05. Sold at $0.90.
Sold to open 1 BOIL 08/11/2023 53.00 Put at $0.61
#OnlySpreads
Options Bistro 