Option Iceman 1:04 pm on Friday, August 11, 2023

OptionsExpiration

A good week this week. Done with trading options in DLR, STX and TROW after everything for those stocks expired

BOIL 41/66 Bull Put Spread
BOIL 42/67 Bull Put Spread
BOIL 53/69 Bull Put Spread
BOIL 82/74 Bear Call Spread
BOIL 80/72 Bear Call Spreads
BOIL 75 Diagonal Call

CMA 55/54 Bear Call Spread

CVS 75.0 Diagonal Call
CVS 76.0 Diagonal Call

DLR 133/125 Bear Call Spread
DLR 133/122 Bear Call Spread

MRNA 90.0 Diagonal Put

SOXL 20/21 Bull Put Spreads

STX 76/71 Bear Call Spread

TROW 133/120 Bear Call Spead
TROW 133/116 Bear Call Spread

UVXY 38/25 Bear Call Spreads
UVXY 39/26 Bear Call Spread

VXX 48/33 Bear Call Spread
VXX 47/32 Bear Call Spread
VXX 40/30.5 Bear Call Spread
VXX 25.5 and 28.0 Covered Calls

Jeff 12:47 pm on Friday, August 11, 2023
Tags: SPX1dte ( 1,714 )

SPXpire

#SPX1dte Both condors expiring worthless. I chose not to close either since market made no threatening moves. I’m also not selling for Monday now, since IV on Monday options is always super low on Friday afternoons, only 9.35% at 15 minutes before close.

Over last couple weeks, some of the more traditional width of 6-delta condors returned, with ability to get 100 or more points even if selling same-day. Hope that remains.

Option Iceman 10:55 am on Friday, August 11, 2023
Tags: OnlySpreads ( 521 ), WinWin ( 39 )

BOIL Puts

Bought to close BOIL Aug 11 2023 69.0 Diagonal Puts at $0.05.
Sold yesterday at $0.70 and $0.72

Sold 1 long BOIL Aug 18 2023 61.0 Put used to hedge the 69 puts at $0.30
Bought at $0.25
Sold 1 long BOIL Aug 18 2023 62.0 Put used to hedge the 69 puts at $0.45
Bought at $0.30
#WinWin #OnlySpreads

MikeL 9:18 am on Friday, August 11, 2023

DIS

STO DIS Jan19’24 80 PUT @2.45

walter6871 8:59 am on Friday, August 11, 2023
Tags: Rolling ( 447 )

AMZN

#rolling
rolled AMZN 11 AUG 2023/18 AUG 2023 132 CALL @.65 /5.15 credit now

Lesserweavil 8:47 am on Friday, August 11, 2023
Tags: BUPS ( 400 )

NVDA

Roll $NVDA 8/18/.2023 395/405 #BuPS // 9/15.2023 @1.20 credit. Stock @408.75.

fuzzballl 8:22 am on Friday, August 11, 2023
Tags: CoveredCalls ( 2,200 ), SyntheticCoveredCalls ( 227 )

TLT TSLA

#SyntheticCoveredCalls #CoveredCalls – A few.

TLT: Another round.

Bought to Close TLT Aug 11 2023 97.5 Calls @ .01 (sold for .78)
Sold TLT Aug 18 2023 97.5 Calls @ .39

TSLA: Covered and keeping downside protection.

Rolled TSLA Aug 11 2023 230.0 Call to Aug 18 2023 225.0 Call @ 6.30 credit (42.30 total now)

jsd501 7:58 am on Friday, August 11, 2023

SPY,

STO September 400 puts at 1.41, I was early on this one.

Jeff 7:50 am on Friday, August 11, 2023

Economic Calendar for 8/14-8/18

Option Iceman 7:36 am on Friday, August 11, 2023

UVXY BOIL CMA

UVXY
Bought to close UVXY Aug 11 2023 25.0 Covered Calls at $0.01
Bought to close UVXY Aug 11 2023 24.0 Covered Calls at $0.01
Sold to open UVXY Aug 11 2023 28.0 Covered Calls at $0.27

BOIL
I got the first spread off and then kept lowering the strike of the long side of the spread
Sold 1 BOIL Aug 18 2023 88/78.5 Bear Call Spread at $0.32 Credit
Sold 1 BOIL Aug 18 2023 87/78.5 Bear Call Spread at $0.32 Credit
Sold 1 BOIL Aug 18 2023 86/78.5 Bear Call Spread at $0.32 Credit
Sold 1 BOIL Aug 18 2023 85/78.5 Bear Call Spread at $0.32 Credit
Sold 1 BOIL Aug 18 2023 84/78.5 Bear Call Spread at $0.35 Credit

CMA
Sold 1 CMA 08/18/2023 57.5/54 Bear Call Spread at $0.32 Credit

Option Iceman 6:38 am on Friday, August 11, 2023

SPY Expiration

Yesterday
1 SPY 08/10/2023 463/453 Bear Call Spread
1 SPY 08/10/2023 462/452 Bear Call Spread

Jeff 6:10 am on Friday, August 11, 2023
Tags: SPX1dte ( 1,714 )

SPX same day

#SPX1dte Sold to Open $SPX Aug 11th 4380/4400-4510/4530 condors for 0.974, deltas -.05 +.05, IV 25.9%

This is inside the condor I sold yesterday for 1.20 (in the post below). I am planning on making this a “roll”, so I will close the other one… order in now to close for .25.