Sto SPY 7 FEB 24 470/466 PUT @.11
Sto SPY 7 FEB 24 472/468 PUT @.10
BOT IWMY @19.61
Daily Archives: Wednesday, January 31, 2024
SPY Expiration
1 SPY 01/31/2024 494.0 Call.
Rolled into this at the close yesterday from the SPY 01/30/2024 491.0 Call.
#OnlySpreads
SPX
#SyntheticShortStock – Rolling.
Rolled SPX Jan 31 2024 4905.0 Puts to Feb 02 2024 4900.0 Puts @ 3.50 credit (13.15 total now)
SPY Puts
Sold 1 SPY 02/06/2024 468.0/473.0 Bull Put Spread at $0.22 Credit
Paired with several Bear Call spreads on SPY
#OnlySpreads
TMO Puts
Sold 1 TMO 02/02/2024 515/525 Bull Put Spread at $0.50.
Paired with the Bear call spread I sold on Monday.
#PostEarnings
IWM SPY Calls Rolled
Bought to close IWM 01/31/2024 200 and 201 Calls at $0.01
Sold 1 IWM 02/02/2024 201 Calls at $0.33 and 1 IWM 02/02/2024 202 Call at $0.22
#DoubleDip
Bought to close SPY 01/31/2024 491 Calls at $0.01.
Sold 1 SPY 02/02/2024 492.00 Call at $0.44.
#OnlySpreads
BA
#CoveredCalls – Out of some of my BA position for small gain.
Sold BA covered stock @ 199.70 (basis 196.70)
TQQQ,
STO March 8, 45 puts at .77
SPX
#SyntheticShortStock – Carrying synthetic short stock and selling puts against it. If we have a huge implosion and my puts get trapped I might want to take the profits on the synthetic short. To do that I’m adding a couple long puts while they are still cheap. That way I can book the synthetic short stock and leave the short puts and continue rolling them until they recover without them being completely naked.
Bought SPX Dec 19 2025 1000.0 Put @ 4.10
Bought SPX Dec 18 2026 1000.0 Put @ 5.00
GOOG
Bought to close the short side of my Bear Call spread at $0.01.
Sold 1 GOOG 02/02/2024 135.0/140.0 Bull Put Spread at $0.50
#PostEarnings
UPS WHR
Bought 1 UPS 02/09/2024 135.0 Put and Sold 1 UPS 02/02/2024 140.0 Put at a$0.18 Credit for the diagonal spread.
Sold 1 WHR 02/02/2024 102.0/107.0 Bull Put Spread at $0.50 Credit
SPX 1-dte
#SPX1dte Not trade until after the Fed announcement
I did put on paper trades for the IB and 5-pt wide IC strategies, this time with both 30-point and 40-point wings.
Options Bistro 