#shortputspread
STO NFLX 9 FEB 24 530/525 PUT @.14
Daily Archives: Friday, February 2, 2024
XLE-F-IWM-MSFT-QQQ-SPY
Options Expiration
Big week because of earning spreads
GOOG Bull Put Spread and GOOG Bear Call Spread
TMO Bull Put Spread and TMO Bear Call Spread
BA Bull Put Spread and BA Bear Call Spread
CVS Bull Put Spreads and CVS Bear Call Spreads
MSFT Bear Call Spread
WHR Bull Put Spread
IWM Bear Call Spreads
BMY Bull Put Spread
VXX Covered Calls
VXX Bear Call Spreads
UVXY Covered Calls
UVXY Bear Call Spreads
ADM Diagonal put
ADM Bear Call Spreads
META Diagonal Call
BOIL Covered Calls
BOIL Put
SPX
#SyntheticShortStock – Fidelity tagged me with a day trading penalty from all the roll ups I did one day last week. Really happy with how the SPX experiment has gone so far but if we don’t have a resolution from Fidelity I’m going to have to put the experiment on hold for 90 days.
If I have to close everything right now it’ll be for about a 2 grand loss. Not bad in this crazy up market almost keeping up with the rise with daily put sales. Just don’t crash until I get back in!! LOL Know for sure on Monday.
Expiring : SPX Feb 02 2024 4900.0 Puts @ 13.20 credit
CVS Diagonal Calls
Bought 1 CVS 02/16/2024 81.0 Call at $0.16
Sold 1 CVS 02/09/2024 77 .0 Call at $0.50
#Earnings on Feb 07
TSLA
#SyntheticStock – Another round.
Bought to Close TSLA Feb 02 2024 185.0 Calls @ .25 (sold for 4.30)
Sold TSLA Feb 09 2024 182.5 Calls @ 4.50
TQQQ,
This morning I sold my entire position in the June 50 calls and am now mostly in cash except for the TQQQ puts which go out every week out to March 15 and the 43 puts that I am short today will expire at zero.
SPX trades 2/2
#SPX1dte Sold to Open $SPX Feb 2nd 4835/4855-4970/4990 condors for 1.15, deltas -.06 +.06, IV 25.5%
January Jobs Report
#Jobs — Big gains obliterate expectations. Earnings also soar; December revised up bigly.
Gain of +353,000 non-farm payroll jobs, vs. expected gain of 185K
Unemployment unchanged at 3.7%
U6 unemployment 7.2%, up by 0.1
Labor force participation unchanged at 62.5%
Average hourly earnings up by 0.6%; 4.5% increase over the year
December jobs revised up by +228K to +333K
November jobs revised up by +9K to 182K
Options Bistro 