#optionsexpiration
$AI 26/37 strangle
$RIOT 12.5 call
$TSLA 265 call
#coveredcallss
$AI BTC 9/15 35 call at .05. STO at 1.25. Should have closed stock before earnings
Daily Archives: Friday, September 8, 2023
Economic Calendar 9/11 – 9/15
There are no “three bull” (market moving) items for Monday, Tuesday, or Friday. CPI report on Wednesday could be a mover if it varies much from estimate.
SPX risk reversal
#SPX1dte Trying again… this week the Upside Warning did NOT come trhough and we dropped. But it was not severe so I am still looking for a retest of the 4607 high of 7/27.
Sold to Open $SPX Sept 15th 4335/4315 put spreads, delta -.06
Bought to open Sept 15th 4570/4590 call spreads, delta +.06
Total debit -.10
This is a double sized position.
DG
Sold DG 09/15/2023 118.0/122.0 Bull Put Spreads at $0.53 Credit
Sold DG 09/15/2023 134.0/129.0 Bear Call Spreads at $0.27 Credit.
#OnlySpreads
SNOW
#ShortPuts – 80 percent 6 weeks early.
Bought to Close SNOW Oct 20 2023 130.0 Put @ .55 (sold for 2.87)
Risk off
#SPX1dte Closed call side for .30 by selling to open $SPX Sept 8th 4510/4490 put spreads for 19.70.
ADBE adjustment
With the stock at 569, rolled $ADBE Sep 15 465/455 bull put spread up to 540/530 for 2.03 credit. Position is now a 530/540/580/590 iron condor, with 4.77 total premium taken in. I will take this position off before the end of the day on Thursday 9/14 (earnings after the bell).
SPX same day
#SPX1dte Sold to Open $SPX Sept 8th 4395/4415-4490/4510 condors for 1.45, deltas -.09 +.07, IV 19.9%
Futures were dead flat when I was filled, so I went a little more aggressive on deltas than I normally do, since I’m only slightly profitable in this short week.
Options Bistro 