Daily Archives: Wednesday, August 23, 2023
TLT
#CoveredCalls #SyntheticCoveredCalls – A move like this I just have to sell into it. Selling up at the 50 day and outside the expected move.
Sold TLT Sep 15 2023 99.0 Calls @ .40
TTD Spurting Roll Call (Present)
#coveredcalls
$TTD BTC 8/25 76 call and STO 9/1 78 call at cost of .20, but gain $2 if called away next week. Stock at 77.78.
Stopped again
#SPX1dte BTC $SPX Aug 23rd 4450/4470 call spreads for .95. Condors sold earlier as a roll for 1.10. At least this one got me a tad bit a profit. Some day I will pick the right day to be long.
TLT
#CoveredCalls #SyntheticCoveredCalls – Getting out of the way in case JP goes full dove on Friday.
Bought to Close TLT Aug 25 2023 96.0 Calls @ .17 (sold for .35)
Bought to Close TLT Aug 25 2023 96.5 Calls @ .11 (sold for .47)
SOXL
#coveredcalls
Sto SOXL 25 AUG 2023 25 CALL @.25
SPX stopped
#SPX1dte. This is a rough week. Notice how I tried to get long yesterday and it reversed on me? So I go neutral today and it blows up in my face? The best hope I have for the week will be break even.
Bought to close $SPX Aug 23rd 4335/4355 call spreads for 3.40.
There is about a 90% certainty that this spread will drop below 2.00 at some point and about 50% certainty it will expire worthless. But even a 10% possibility that the rally at this moment won’t stop until the spread is over 5.00 means I have to throw in the towel and take the chunky loss.
And sure enough, by the time I finished typing this, the price dropped .80 lower than the price I paid. Very frustrating week.
O.T.
Even my barber told me he owed NVDA and that is what we are waiting for today. LOL
VIXspire
VIX Aug 23 2023 27.0/23.0 Bear Call Spreads expired
VIX Aug 23 2023 25.0/22.0 Bear Call Spreads expired
#OnlySpreads
SPX add on
#SPX1dte Sold to Open $SPX Aug 23rd 4360/4340 put spreads for .90. Delta -.08, SPX at 4399.
Added to condor sold yesterday for 1.15
Options Bistro 