Daily Archives: Friday, December 29, 2023
COIN Iron Condor
Sold to open $COIN Jan 19 135/145/230/240 iron condor @ 2.34. Short strikes around 15 delta.
SPY
SPY: Selling against 475/425 Bear Put Spreads out to Jan 2025. Giving it a little more room next week.
Rolled SPY Dec 29 2023 475.0 Puts to Jan 5 2024 472.0 Puts @ .60 credit (1.95 total now)
TLT
#LongStock #CoveredCalls – Letting my highest basis stock go for small profits and replacing with put sales. Getting a chunk of cash back into the 5 percent MM. Still holding long stock from 95 down to 85.
Sold Covered Stock @ 98.90 and 98.80 (basis 98.25)
Sold TLT Jan 19 2024 97.5 Puts @ .60
Sold TLT Jan 19 2024 99.5 Puts @ 1.30
SPX trades 12/29
#SPX1dte Sold to Open $SPX Dec 29th 4720/4740-4825/4845 condors for .90, deltas -.06 +.06, IV 18.7%
Third day out of four this week that I have doubled down, taking advantage of the typically quiet holiday week. Watching today closely in case there is any larger moves due to last-day-of-year loading or unloading.
Options Bistro 