#ShortPuts – Surprised this filled. I’ll look to re-load on any weakness prior to earnings.
Bought to Close SNOW Nov 17 2023 145.0 Put @ 3.05 (sold for 3.05)
Daily Archives: Friday, November 3, 2023
TLT
#ShortPuts – Adding to the bottom of a big Dec ladder. Maybe distract Mr. Market to keep him away from my short calls. 🙂 🙂
Sold TLT Dec 15 2023 88.0 Put @ 2.27
Sold TLT Dec 15 2023 89.0 Put @ 2.80
Sold TLT Dec 15 2023 90.0 Put @ 3.40
SPX
Bought to Close 4240/4250/4250/4260 Iron Fly @ 8.25 (sold for 5.60)
1.30 loss for the week on 3 attempts. Not bad considering 2.5 of the attempts were on the short call side into about a 4 or 5 std dev move to the upside. LOL
SPX SPY TLT TSLA
#CoveredCalls #SyntheticCoveredCalls #ShortPuts
SPX: 0 DTE not working today. Incredible up move this week.
Sold 4240/4250/4350/4360 Iron Condor @ 2.10 yesterday.
Call side getting run over so added 4350/4340 Put Spread @ 3.50 to make an Iron Fly
Probably heading for 4.40 loss
SPY: Out of all short puts now and rolling a covered call.
Bought to Close SPY Nov 17 2023 425.0 Put @ 1.78 (sold for 3.45)
Bought to Close SPY Dec 08 2023 420.0 Put @ 2.80 (sold for 3.55)
Rolled SPY Nov 03 2023 406.0 Call to Dec 15 2023 411.0 Call @ .45 debit (6.80 total now)
TLT: Booking gains on more short puts and rolling covered calls.
Bought to Close TLT Nov 17 2023 85.0 Put @ .33 (sold for 3.05)
Bought to Close TLT Nov 17 2023 88.0 Puts @ 1.19 (sold for 2.90)
Rolled TLT Nov 17 2023 88.0 Calls to Dec 15 2023 90.0 Calls @ .08 debit (.23 total now)
Rolled TLT Nov 17 2023 88.5 Calls to Dec 15 2023 91.0 Calls @ .17 debit (.15 total now)
TSLA: Rolling synthetic covered.
Rolled TSLA Nov 03 2023 190.0 Call to Dec 15 2023 195.0 Call @ .25 credit (28.30 total now)
SPX same day
#SPX1dte Sold to Open $SPX Nov 3rd 4290/4310-4390/4410 condors for 1.00, deltas -.08 +.05, IV 23.2%
Watching on tight leash as I’m at end of wining week.
October Jobs Report
#Jobs — A bit less than expected and a big drop from September.
Gain of +150,000 non-farm payroll jobs, vs. expected gain of 170K
Unemployment up 0.1 to 3.9%, vs expected unchanged
U6 unemployment 7.2%, up by 0.2
Labor force participation at 62.7%, down by 0.1
Average hourly earnings up by 0.2%; 4.1% increase over the year
September jobs revised down by -39K to +297K
August jobs revised down by -62K to +165K
Options Bistro 