Option Iceman 1:03 pm on Thursday, December 21, 2023

SPY Calls barely working

SPY Expiration:
SPY 481/474 Bear Call Spread
SPY 481/473 Bear Call Spreads

fuzzballl 9:02 am on Thursday, December 21, 2023
Tags: ShortPuts ( 4,763 )

TLT

#ShortPuts – Still using weekly gains to buy back covered calls. Hoping to get most of them back within a couple months.

Bought to Close TLT Dec 22 2023 97.5 Puts @.03 (sold for .50)
Bought to Close TLT Dec 22 2023 98.0 Puts @ .05 (sold for .70)

Sold TLT Dec 29 2023 99.0 Puts @ .67
Sold TLT Dec 29 2023 100.0 Puts @ 1.19
Sold TLT Dec 29 2023 101.0 Puts @ 1.87

Still watching 99 and 100 strike for tomorrow.

Option Iceman 8:37 am on Thursday, December 21, 2023

BOIL Put

Rolled this week’s short 30 Puts to next week’s 29 Puts at $0.40 Credit and picked up a point on the short strike
First good news on this one in a while

fuzzballl 8:01 am on Thursday, December 21, 2023
Tags: ShortPuts ( 4,763 ), SyntheticStock ( 356 )

FXI

#SyntheticStock #ShortPuts – After reading this yesterday I’m thinning the herd. Keeping synthetic and beefing up disaster puts just in case.

https://www.zerohedge.com/geopolitical/graham-expresses-fury-report-xi-warned-biden-hell-reunify-taiwan-china

“Graham expressed outrage and called for bipartisan efforts to work toward urgently beefing up Taiwan’s defenses and military capabilities. “This story as reported is beyond unnerving,” Graham stated on X Wednesday. “I will be working with Democratic and Republican Senators to do two things quickly. First, create a robust defense supplemental for Taiwan and second, draft pre-invasion sanctions from hell to impose on China if they take action to seize Taiwan.”

Sold assigned stock @ 23.38 (basis 23.47)

Bought to Close FXI Dec 22 2023 24.0 Puts @ .62 (sold for .65)

Bought to Close FXI Dec 29 2023 24.5 Puts @ 1.12 (sold for .98)

Bought to Close FXI Jan 05 2024 24.0 Puts @ .84 (sold for .82)

Bought to Close FXI Jan 12 2024 23.5 Puts @ .62 (sold for .63)

Total loss about 60 bucks.