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
Daily Archives: Monday, October 30, 2023
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
Options Bistro 