1 ENPH Dec 08 2023 117/107/102/99 Short Iron Condor sold for $2.15.
#OnlySpreads
Daily Archives: Friday, December 8, 2023
SPY Expiration
1 SPY Dec 08 2023 466/463 Bear Call Spread
1 SPY Dec 06 2023 465/462 Bear Call Spread
#OnlySpreads
BOIL – rolling out a week
Rolled deep in the money BOIL puts out a week for decent credits and rolled down the following:
Rolled BOIL 32 Puts to BOIL 31 Puts for $0.47 Credit
Rolled BOIL 31 Puts to BOIL 29 Puts for $0.56 Credit
Rolled 1 BOIL 30 Put to 1 BOIL 29 Put for $0.90 Credit
TLT
#ShortPuts – A couple more.
Sold TLT Dec 15 2023 93.5 Puts @ .75
NOC
#SyntheticShortStock – Selling against a long term synthetic short out to 2026. Rolling out a week and down a strike.
Rolled NOC Dec 08 2023 480.0 Puts to Dec 15 2023 477.5 Puts @ 2.00 credit (7.45 and 4.50 total now)
TLT
#ShortPuts – Partial re-load.
Sold TLT Dec 15 2023 94.0 Puts @ 1.00
Sold TLT Dec 15 2023 95.0 Puts @ 1.50
SPX trades 12/8
#SPX1dte Sold to Open $SPX 4515/4535-4630/4660 condors for 1.00, deltas -.05 +.07, IV 21.65%
Muted reaction to Jobs number, wish I could have sold before the report but been burned too many times this year.
November Jobs Report
#Jobs — A bit more than expected. Wages increased strongly.
Gain of +199,000 non-farm payroll jobs, vs. expected gain of 185K
Unemployment down by 0.2 to 3.7%, vs expected unchanged
U6 unemployment 7.0%, down by 0.2
Labor force participation at 62.8%, up by 0.1
Average hourly earnings up by 0.4%; 4.0% increase over the year
September jobs revised down by -35K to +262K
October jobs unchanged at 150K
Options Bistro 