#SPX1dte Sold to Open $SPX Jan 9th 4700/4720-4805/4825 condors for .95, deltas -.07 +.04, IV 11%
Daily Archives: Monday, January 8, 2024
SNOW Rollout
Rolled $SNOW Jan 19 190 puts out to Feb 16 190 puts @ 4.24 credit. Total premium now 29.23 on the put sales and rolls so if I’m assigned at 190 my basis will be around 161.
SPY
#ShortPuts – Was selling these against bear put spreads. Out of those so bailing on this while I have a chance.
Bought to Close SPY Jan 12 2024 470.0 Puts @ 2.12 (sold for 1.90)
TLT
#ShortPuts – Nice bounce today so good day for some rolls.
Rolled TLT Jan 19 2024 97.5 Puts to Feb 16 2024 97.0 Puts @ .69 credit (1.29 total now)
Rolled TLT Jan 19 2024 98.0 Puts to Feb 16 2024 98.0 Puts @ .93 credit (1.65 total now)
Rolled TLT Jan 19 2024 98.5 Puts to Feb 16 2024 97.0 Puts @ even (.72 total now)
Rolled TLT Jan 19 2024 99.0 Puts to Feb 16 2024 98.0 Puts @ .18 credit (.85 total now)
Rolled TLT Jan 19 2024 99.5 Puts to Feb 16 2024 99.0 Puts @ .39 credit (1.69 total now)
BA
#ShortPuts – Couldn’t resist.
Sold BA Jan 19 2024 220.0 Put @ 3.40
Earnings season Starts
SPX trades 1/8
#SPX1dte Sold to Open $SPX 4645/4660-4740/4755 condors for .80, deltas -.06 +.05, IV 17.7%
This is 15-wide wings, not my usual 20. For some reason I got “invalid order” when I tried it with the 4640 & 4760 long options, so perhaps one of them isn’t offered. Due to the lower risk with 150wide, I increased my position size by about a third.
Options Bistro 