Downside Warning in effect

#VIXindicator Tuesday’s close was over 50% higher than the recent $VIX low of 12.68, triggering a Downside Warning.

SPX 1-dte

#SPX1dte Sold to Open $SPX Oct 4th 4125/4145-4290/4310 condors for 1.05, SPX at 4227, deltas -.05 +.06, IV 20.4%

#DSPX Is a new product…

#DSPX
Is a new product CBOE is putting out.
Might be inverse to VIX.

SPY

#ShortPuts – Sold SPY Nov 17 2023 395.0 Put @ 3.00

MMM PARA

Bought a tiny bit of MMM at $89.00. Div = 6.65%
Bought a tiny bit of PARA at $12.00. Not much of a dividend since they cut it
#FallingKnife

T2108

At 15.29, lowest level since last October.
Screen Shot 2023-10-03 at 8.58.56 AM

SPX stopped

#SPX1dte Bought to close $SPX Oct 3rd 4205/4185 put spreads for 1.65. Condors sold yesterday for 1.30.

O.T.

I took a small loss this morning and am now 100% in cash. When the bonds go down and yields go higher, it is not good for stocks and we have an enormous deficit that has to be funded.

TLT

#CoveredCalls #SyntheticCoveredCalls – Starting to get some partials so selling the next round now.

Bought to Close TLT Oct 06 2023 91.5 Calls @ .02 (sold for .20)

Sold TLT Oct 13 2023 88.0 Calls @ .61