SPY Expiration

1 SPY Jan 16 2024 472.00 Put

Taking profits on ARM

With the expiration coming up on Friday and the stock around 68.50 and drifting down over the last week I took the position off for a profit and taking the risk off.
Bought to close $ARM Jan 19 67 puts @ .67. With a previous rollup total premium taken in was 2.38. Overall profit 1.71.

TQQQSTO February16, 41 puts at…

TQQQSTO February16, 41 puts at .52

TQQQ,

STO February 9, 42 puts at .50 cents

Another Existential Threat?

“It’s an existential threat to the food industry and certainly an existential threat to the processed food industry.”
— Marion Nestle, an emeritus professor of nutrition, food studies and public health at New York University, on how popular weight loss drugs like Ozempic could upend the marketing of snack foods in America.

Nestle is the very best … chocolate. Hmmmmmm?

Bitcoin ETFs

Added a tiny bit of FBTC at $37.00

SPX trades 1/16

#SPX1dte STOPPED Bought to close $SPX Jan 16th 4730/4710 put spreads for 1.70. Condors sold Friday for 1.05.

May be only second or third time I have ever gotten up two hours early because I rolled over in bed to check futures on my phone. Last January being down 27 points on SPX was not a worry, but with this year’s tighter spreads it is the stopping point. Stop was touched soon after midnight PT.

I’ll be back at normal waking hours to look for a new condor sale.

#riskreversal

Earnings 1/15-1/19

Screenshot 2024-01-16 at 3.32.44 AM

Economic Calendar 1/15 – 1/19

Screenshot 2024-01-16 at 3.24.02 AM