1 SPY Oct 31 2023 423/419 Bear Call Spread
1 SPY Oct 31 2023 395/404 Bull Put Spread
1 SPY Oct 31 2023 395/414 Bull Put Spread
#OnlySpreads
Monthly Archives: October 2023
SPY Call Rolled
Bought to close 1 SPY Oct 31 2023 418 Call at $0.47 as it went ITM at the EOD
Replaced it with 1 SPY Nov 01 2023 426/421 Bear Call Spread at $0.74 Credit
VXX Diagonal Call and Puts
Bought 1 VXX 11/10/2023 33.00 Call/Sold 1 VXX 11/03/2023 27.00 Call at $0.10 Credit
Bought 1 VXX 11/10/2023 20.00 Put/Sold 1 VXX 11/03/2023 23.00 Put at $0.33 Credit
Also:
Sold 1 VXX 11/10/2023 21.5/22.5 Bull Put Spread at $0.17 Credit
NOC
#SyntheticShortStock – Rolling down a little. Sold against a Jan 2026 position.
Rolled NOC NOV 10 2023 487.5 Put to NOV 24 2023 485.0 Put @ even (14.90 total now)
TLT
#CoveredCalls #SyntheticCoveredCalls – Going to stay out of the way of the Fed meeting. Maybe re-load during the fluctuations during the JP show.
Bought to Close TLT Nov 03 2023 87.0 Calls @ .15 (sold for .24 and .25)
Bought to Close TLT Nov 03 2023 88.0 Calls @ .08 (sold for .26 and .31)
SPY Iron Condor 1dte
Sold 1 SPY Nov 01 2023 427/422/409/404 Iron Condor at $0.54 Credit
#OnlySpreads
SPY AAP UVXY GM ZION CVS VFC ALB
Sold 1 SPY Oct 31 2023 419 Call at $0.11. 0dte
Sold 1 SPY Oct 31 2023 414 Put at $0.12 0dte
Sold 1 AAP Oct 31 2023 55 Call at $0.23
Sold UVXY Nov 03 2023 24 Calls at $0.12
Sold 1 GM Nov 03 2023 28.5 Call at $0.21
Sold 1 GM Nov 03 2023 29 Call at $0.13
Sold 1 ZION Nov 03 2023 32 Call at $0.19
Sold 1 CVS Nov 03 2023 74 Call at $0.29
Sold Nov 03 2023 73 Calls at $0.45, $0.47 and $0.49
Sold 1 VFC Nov 03 2023 14.5 Put at $0.15
Sold 1 ALB Nov 03 2023 107/112 Bull Put Spread at $0.37 Credit
#OnlySpreads
SPX trades 10/31
#SPX1dte Sold to Open $SPX 4125/4105 put spreads for .70, delta -.08 IV 25.1%
Stocks
Bought tiny bits of these today below prior lows:
LEG at $23.00 (after hours trade). Div = 7.94%
VFC at $15.00 (after hours trade). Div = 7.1%
WU at $11.00. Div = 8.27%
PEAK at $16.00. Div = 7.30%
#SP500 #FallingKnife
SPY Expiration
1 SPY Oct 30 2023 417 Call and 1 SPY Oct 30 2023 410 Put sold today
1 SPY Oct 30 2023 402/407 Bull Put Spread that I rolled to on Friday
#OnlySpreads
SPY Diagonal Condor
Bought 1 SPY Oct 31 2023 423 Call and Bought 1 SPY Oct 31 2023 395 Put
Sold 1 SPY Oct 30 2023 417 Call and 1 SPY Oct 30 2023 410 Put for a total Condor Credit of $0.32.
The short side is ZeroDTE
#OnlySpreads
CVS Covered Call Ladder
Sold 1 CVS 11/03/2023 73.00 Covered Call at $0.29
Sold 1 CVS 11/10/2023 73.00 Covered Call at $0.43
Sold 1 CVS 11/10/2023 73.00 Covered Call at $0.59
Replacing calls that expired Friday
#CoveredCalls
SPY
#ShortPuts – On the opening bounce, rolled the top of the ladder out and down.
Rolled SPY Nov 03 2023 425.0 Put to Dec 08 2023 420.0 Put @ .35 credit (3.55 total now)
TSLA
#SyntheticStock – Sold against Jan 2026 synthetic. Rolling down for a little more premium.
Rolled TSLA Nov 03 2023 202.5 Call to Nov 03 2023 195.0 Call @ 5.00 credit (25.05 toal now)
GOOGL PYPL MRNA COF
Sold 1 GOOGL Nov 03 2023 135/130 Bear Call Spread at $0.12 Credit
Sold 1 PYPL Nov 03 2023 62/57 Bear Call Spread at $0.42 Credit
Sold 1 MRNA Nov 03 2023 90/85 Bear Call Spread at $0.32 Credit
Sold 1 COF Nov 03 2023 107/102 Bear Call Spread at $0.70 Credit
Sold 1 PENN Nov 03 2023 25/21 Bear Call Spread at $0.33 Credit
Sold 1 PENN Nov 03 2023 25/22 Bear Call Spread at $0.24 Credit
#OnlySpreads
SPY 1dte
Sold 1 SPY Oct 31 2023 423/418 Bear Call Spread at $0.57 Credit
#OnlySpreads
Covered Calls
On the open
Sold 1 PARA Nov 03 2023 12.5 Call at $0.11
Sold 1 TSN Nov 03 2023 47.5 Call at $0.15
Sold 1 ZION Nov 03 2023 31.5 Call at $0.20
Sold 1 GM Nov 03 2023 28.5 Call at $0.23
Sold 1 AAP Nov 03 2023 54 Call at $0.25
Sold 1 PENN Nov 03 2023 19.5 Call at $0.68
SPX stopped
#SPX1dte BTC call side for 2.35. My error was not legging in. With pre-market up I should have only sold puts and waited for open to sell calls. This is the current reality in volatile markets. For same day trades, if pre-market is trending sell only in opposite direction and wait for open spike up or down.
SPX 1-dte
#SPX1dte Sold to Open $SPX Oct 30th 4060/4080-4185/4205 condors for 1.45, deltas -.07 +.07, IV 28.8%
Economic Calendar 10/30 – 11/3
FOMC decision on Wednesday and Jobs Report on Friday
OptionsExpiration
Most of my #Earnings spreads expired or the short side was covered at minimum prices.
Best week in a long, long time
Those that expired:
AMZN Puts
CMG Puts and Calls
DLR Calls
ENPH Calls
GOOGL Puts and Calls
IBM Puts and Calls
INTC Puts
META Puts
MSFT Calls
TNA Calls
TQQQ Calls
WM Puts and Calls
Assignments:
1 GM 27.5 Put
1 PENN 18.5 Put
I’ll start writing Calls next week
O.T.,
Anyone know where the T2108 is today?
SPY
#CoveredCalls – Looking like it wants to take a sniff of 400. Keeping the short call in the money (rally incoming now!)
Rolled SPY OCT 30 2023 412.0 Call to OCT 30 2023 405.0 Call @ 4.50 credit (7.00 total now)
NOC SPY TLT TSLA
#CoveredCalls #SyntheticCoveredCalls #SyntheticShortStock
NOC: Selling against synthetic short stock.
Rolled NOC OCT 27 2023 490.0 Put to NOV 10 2023 487.5 Put @ .40 credit (14.90 total now)
SPY: Covered.
Bought to Close SPY OCT 27 2023 416.0 Call @ .10 (sold for 8.30)
Sold SPY OCT 30 2023 412.0 Call @ 2.51
TLT: Eeked out a small winner this week. Covered and synthetic covered.
Bought to Close TLT OCT 27 2023 85.5 Calls @ .02 (sold for .11)
Sold TLT NOV 03 2023 87.0 Calls @ .24 and .25
TSLA: Selling against synthetic stock.
Rolled TSLA OCT 27 2023 200.0 Call to NOV 03 2023 202.5 Call @ .75 credit (20.05 total now)
UVXY Covered Calls Rolled; New spreads sold
Bought t0 close UVXY Oct 27 2023 20 Covered Calls at $0.02
Sold UVXY Nov 03 2023 25.0 Covered Calls at $0.27
#CoveredCalls
Also:
Sold 1 UVXY Nov 03 2023 28/24.5 Bear Call Spread at $0.26 Credit
Sold 1 UVXY Nov 10 2023 29/24 Bear Call Spread at $0.56 Credit
Sold 1 UVXY Nov 10 2023 28/23 Bear Call Spread at $0.63 Credit
#OnlySpreads
DG Calls closed and rolled
Bought to close 1 DG 10/27/2023 123.0 Call at $0.05. Sold at $0.94
Rolled 1 DG 10/27/2023 119.0 Call to 1 DG 11/03/2022 123.0 Call at $0.07 Credit
Rolled 1 DG 10/27/2023 120.0 Call to 1 DG 11/03/2022 124.0 Call at $0.42 Credit
Rolled 1 DG 10/27/2023 121.0 Call to 1 DG 11/03/2022 125.0 Call at $0.57 Credit
Stocks
Bought a tiny bit of all these below previous lows:
WHR at $102.00 Div = 6.62%
OGN at $15.00 Div = 7.32%
MS at $71.00 Div = 4.72%
UDR at $32.00 Div = 5.00%
#SP500 #FallingKnife
SPX trades 10/27
#SPX1dte Sold to Open $SPX Oct 27th 4065/4085-4210/4230 condors for 1.15, deltas -.05 +.06, IV 31%
CMG Puts
Late fill
Bought 1 CMG Oct 27 2023 1,550 Put / Sold 1 CMG Oct 27 2023 1,560 Put at $0.32 Credit
SPY Condor
The call side expired.
The Put side was just in the money so bought back the today’s 413 Put and sold tomorrow’s 405/410 Bull Put spread for a $0.06 Credit
ENPH DLR
Sold 1 ENPH Oct 27 2023 121/116 Bear Call Spread at $0.33 Credit
Sold 1 DLR Oct 27 2023 133/128 Bear Call Spread at $0.40 Credit
SPY Condor 1dte
Sold 1 SPY October 27 2023 401/406/418/422 Condor at $0.56 Credit
#OnlySpreads
UVXY call spread
Sold to open Dec 15 20/25 bear call spread @ .92
CMG Calls and Puts; INTC Puts
Bought 1 CMG Oct 27 2023 2,015 Call / Sold 1 CMG Oct 27 2023 2,005 Call at $0.62 Credit
Bought 1 CMG Oct 27 2023 2,020 Call / Sold 1 CMG Oct 27 2023 2,010 Call at $0.62 Credit
Bought 1 CMG Oct 27 2023 1,600 Put / Sold 1 CMG Oct 27 2023 1,610 Put at $0.62 Credit
Bought 1 CMG Oct 27 2023 1,570 Put / Sold 1 CMG Oct 27 2023 1,580 Put at $0.42 Credit
Bought 1 INTC Oct 27 2023 25.0 Put / Sold 1 INTC Oct 27 2023 30.0 Put at $0.30 Credit
Stocks
Bought a tiny bit of all these below previous lows:
WHR at $107.00 Div = 5.57%
UPS at $143.00 Div = 4.41%
CPT at $90.00 Div = 4.37%
TROW at $93.00 Div = 5.22%
#SP500 #FallingKnife
UVXY Calls
Bought 1 UVXY Nov 03 2023 26.0 Call / Sold 1 UVXY Nov 03 2023 21.0 Call at $0.71 Credit
Bought 1 UVXY Nov 03 2023 27.0 Call / Sold 1 UVXY Nov 03 2023 22.0 Call at $0.60 Credit
Bought 1 UVXY Nov 03 2023 28.0 Call / Sold 1 UVXY Nov 03 2023 23.0 Call at $0.46 Credit
#OnlySpreads
SPY
#ShortPuts – Adding another.
Sold SPY Dec 29 2023 375.0 Put @ 3.25
IBM closed; AMZN GOOGL DG opened
Bought to Close 1 IBM Oct 27 2023 128 Put at $0.01
Bought to Close 1 IBM Oct 27 2023 129 Put at $0.01
Sold 1 AMZN Oct 27 2023 101/106 Bull Put Spread at $0.32 Credit
#Earnings
Sold 1 GOOGL Nov 03 2023 113/118 Bull Put Spread at $0.56 Credit
Sold 1 DG Oct 27 2023 126/121 Bear Call Spread at $0.80 Credit
#OnlySpreads
Rolled DG 10/27/2023 114.0 Covered Calls to DG 11/03/2023 115.0 Covered Calls at $.11 Credit + a point higher strike
#CoveredCalls
SPX trade 10/26
#SPX1dte Sold to Open $SPX Oct 26th 4110/4090 put spreads for .75, delta -.06, IV 31.3%. Sold after GDP and Jobless data were released.
SPY Expiration
1 SPY October 25 2023 408/413/428/433 Condor sold yesterday at $0.55 Credit
META Put; DG Call
Bought META Oct 27 2023 250 Put / Sold META Oct 27 2023 255 Put at $0.34 Credit
Bought DG Oct 27 2023 126 Call / Sold DG Oct 27 2023 122 Call at $0.40 Credit
#OnlySpreads
SPY Condor 1dte
Sold 1 SPY October 26 2023 408/413/426/431 Condor at $0.53 Credit
#OnlySpreads
SPY
#ShortPuts – Adding another.
Sold SPY Dec 29 2023 380.0 Put @ 3.25
MMM TGT Calls
Bought to close 1 MMM 10/27/2023 94.0 Covered Call at $0.02.
Sold 1 MMM 11/03/2023 94.0 Covered Call at $0.20
Bought to close 1 TGT 10/27/2023 117.0 Covered Call at $0.05.
Sold 1 TGT 11/03/2023 117.0 Covered Call at $0.26
#CoveredCalls
After a bit of a rally:
Also Sold 1 TGT Nov 03 2023 122/117 Bear Call Spread at $.031 Credit
#OnlySpreads
META GOOGL TNA Puts
Bought 1 META Oct 27 2023 255 Put /Sold 1 META Oct 27 2023 260 Put at $0.32 Credit
Bought 1 META Oct 27 2023 252.5 Put /Sold 1 META Oct 27 2023 257.5 Put at $0.30 Credit
Bought 1 GOOGL Oct 27 2023 114 Put / Sold 1 GOOGL Oct 27 2023 119 Put at $0.07 Credit
For next week
Bought 1 GOOGL Nov 03 2023 114 Put / Sold 1t GOOGL Nov 03 2023 119 Put at $0.33 Credit
#OnlySpreads
Sold 1 TNA Oct 27 2023 21.5 Put at $0.14
SPY
#ShortPuts – Adding one.
Sold SPY Dec 29 2023 385.0 Put @ 3.52
IBM WM
Bought 1 IBM Oct 27 2023 124 Put / Sold IBM Oct 27 2023 129 Put at $0.30 Credit
Bought IBM Oct 27 2023 123 Put / Sold IBM Oct 27 2023 128 Put at $0.30 Credit
Bought 1 IBM Oct 27 2023 150 Call / Sold 1 IBM Oct 27 2023 145 Call at $0.37 and $0.40 Credits
Adding to my position with a tighter spread
Bought 1 WM Oct 27 2023 165 Call/ Sold 1 WM Oct 27 2023 162.5 Call at $0.80 Credit
For next week
Bought 1 WM Nov 03 2023 170 Call/ Sold 1 WM Nov 03 2023 165 Call at $0.80 Credit
Bought 1 WM Nov 03 2023 172.5 Call/ Sold 1 WM Nov 03 2023 167.5 Call at $0.40 Credit
#OnlySpreads
GOOGL closed; MSFT opened
Bought to close 1 GOOGL Oct 27 2023 148 Call at $0.01
Bought to close 1 GOOGL Oct 27 2023 149 Call at $0.01
Adding to my position
Bought 1 MSFT Oct 27 2023 360 Call/ Sold 1 MSFT Oct 27 2023 355 Call at $0.30 Credit
SPX trades 10/25
SPX next day
#SPX1dte Sold to Open $SPX Oct 25th 4160/4180-4310/4330 condors for 1.20, deltas -.06 +.06, IV 19.5%
VZ Put closed
Bought to close 1 VZ Oct 27 2023 29.5 Put at $0.01.
GLW AAP Stock
Bought a tiny bit of GLW at $25.72. Div = 4.15%
Added a tiny bit more to AAP at $48.00.
#SP500 #FallingKnife
SPY Condor 1dte
Sold 1 SPY October 25 2023 408/413/428/433 Condor at $0.55 Credit
#OnlySpreads
TQQQ TNA MSFT GOOGL Spreads
Bought 1 TQQQ Oct 27 2023 38 Call/ Sold 1 TQQQ Oct 27 2023 36 Call at $0.37 Credit
Bought 1 TQQQ Oct 27 2023 39 Call/ Sold 1 TQQQ Oct 27 2023 37 Call at $0.30 Credit
Bought 1 TNA Oct 27 2023 26.5 Call/ Sold 1 TNA Oct 27 2023 24.5 Call at $0.33 Credit
Bought 1 TNA Oct 27 2023 27 Call/ Sold 1 TNA Oct 27 2023 25 Call at $0.30 Credit
Bought 1 GOOGL Oct 27 2023 152.5 Call/ Sold 1 GOOGL Oct 27 2023 148 Call at $0.30 Credit
Bought 1 GOOGL Oct 27 2023 152.5 Call/ Sold 1 GOOGL Oct 27 2023 149 Call at $0.30 Credit
Bought 1 MSFT Oct 27 2023 360 Call/ Sold 1 MSFT Oct 27 2023 355 Call at $0.30 Credit
Bought 1 WM Oct 27 2023 167.5 Call/ Sold 1 WM Oct 27 2023 162.5 Call at $0.40 Credit
#OnlySpreads
SPX trades today
#SPX1dte BTC $SPX Oct 24th 4145/4125 put spreads for .10. Condors sold yesterday for 1.20.
MACD bearish crossover in futures half-hour ago, but it may be short-lived. Call side stop has not been breached.
SPX next day
#SPX1dte Sold to Open $SPX Oct 24th 4125/4145-4280/4300 condors for 1.20, deltas -.06 +.06, IV 20.3%
UVXY Bear Call Spreads
Bought UVXY Nov 03 2023 25.0 Calls / Sold UVXY Nov 03 2023 20.0 Calls at $0.58 Credit
Bought UVXY Nov 10 2023 25.0 Calls / Sold UVXY Nov 10 2023 20.0 Calls at $0.68 Credit
Bought 1 UVXY Nov 17 2023 27.0 Call / Sold 1 UVXY Nov 17 2023 20.0 Call at $0.58 Credit
#OnlySpreads
Stocks at new lows
Added to my position in TSN at $45.00. Div = 4.14%
Started a tiny position in UPS at $150.00. Div = 4.26%
Added to my position in AAP at $49.00, Div = 1.95% after they cut the qtrly divvy from 1.50 to 0.25
#SP500 #FallingKnife
VIX Collapse
Sold UVXY Oct 27 2023 15.5 Puts at $0.12.
Paired with many short Call spreads
#OnlySpreads
TLT
#SyntheticCoveredCalls #CoveredCalls – TLT getting frisky so taking half off. Leaves a few dollars possible profit in the rest of the attempted double dip.
Bought to Close TLT Oct 27 2023 85.5 Calls @ .44 (sold for .28 and .29)
VXX CVS Calls
Sold 1 VXX 10/27/2023 27.50 Call at $0.74
Sold 1 CVS 10/27/2023 71.0 Call at $0.27
#OnlySpreads
Covered Calls and new puts
Sold AAP Oct 27 2023 52 Call at $0.30
Sold WBA Oct 27 2023 23 Calls at $0.06
Sold WBA Oct 27 2023 23.5 Calls at $0.04
Sold ZION Oct 27 2023 32 Call at $0.25
#CoveredCalls
Sold GM Oct 27 2023 27.5 Put at $0.25
Sold PENN Oct 27 2023 18.5 Put at $0.10
Sold VZ Oct 27 2023 29.5 Put at $0.12
Sold SYF Nov 17 2023 24 Put at $0.25
#SP500 #FallingKnife
Economic Calendar 10/23 – 10/27
SPX same day
#SPX1dte Sold to Open $SPX Oct 23rd 4130/4150-4275/4295 condors for 1.15, deltas -.05 +.05, IV 30.7%
OptionsExpiration
Letting go of most of my long stock, getting close to all cash in one account
Assigned on DG 108/109/111 Covered Calls
Assigned on UVXY 17/17.5/18.5 Covered Calls
In another account, Assigned 1 GAP 11.0 Covered Call at 11.oo. I was put at 10.50 a couple of weeks ago.
In one last account, Assigned 1 ZION 30. Put at 30.00.
Selling a call on Monday.
SPY
#ShortPuts – Nice to see some premium below 400 again. LOL
Sold SPY Dec 15 2023 390.0 Put @ 3.80
NOC
#SyntheticShortStock – Keeping a little upside help on for earnings.
Rolled NOC Oct 20 2023 490.0 Put to Oct 27 2023 490.0 Put @ 7.00 credit (14.50 total now)
TSLA
#SyntheticStock – Still looking weak. Rolling short call down to an even number (possible support) since it looks like the 200 day isn’t holding.
Rolled TSLA Oct 27 2023 212.50 Call to Oct 27 2023 200.0 Call @ 8.50 credit (19.30 total now)
TLT
#ShortPuts – Adding one.
Sold TLT Nov 17 2023 85.0 Put @ 3.05
Closing COIN put spread
Taking advantage of today’s move up to get out for most of the profit. Bought to close $COIN Oct 20 75/70 bull put spread @ .31. Sold for 1.24 on 9/18.
TLT
#CoveredCalls #SyntheticCoveredCalls #SyntheticDividends – Another round. Going for the double dip.
Bought to Close TLT Oct 27 2023 88.0 Calls @ .06 (sold for .72 and .77)
Sold TLT Oct 27 2023 85.5 Calls @ .28 and .29
SPY
#CoveredCalls – Taking an assignment at 431.65 basis just to have something to play with. Selling next Monday against it.
Sold SPY Oct 23 2023 423.0 Call @ 2.60
SPX same day
#SPX1dte Sold to Open $SPX Oct 20th 4180/4200-4325/4345 condors for 1.30, deltas -.06 +.07, IV 32.5%
SPY
#ShortPuts – Adding at the bottom of the ladder. At the expected move and well below the 200 day.
Sold SPY Dec 01 2023 400.0 Put @ 3.15
@fuzzballl Are you loading up…
Are you loading up on XBI or waiting for a better price?
🙂
Options Bistro 