1 SPY 02/13/2024 497.00 Call sold on 02/06 at $1.57
Daily Archives: Tuesday, February 13, 2024
Upside Warning canceled
#VIXindicator The $VIX has spiked 25% over the 2-day closing low of 12.93. If we close above 16.16 this will trigger a Downside Warning.
MSFT TQQQ
STO MSFT 23 FEB 2024, 382.5/380 PUT @.07
STO TQQQ 23 FEB 2024, 49/46 PUT @.10
SPY Puts
Back in the game on these
Sold 1 SPY 02/22/2024 470/480 Bull Put Spread at $0.28 Credit
Sold 1 SPY 02/21/2024 470/480 Bull Put Spread at $0.28 Credit
Sold 1 SPY 02/20/2024 470/480 Bull Put Spread at $0.28 Credit
TQQQ,
STO MArch 1, 45 puts at 21 cents
XBI
#ShortPuts – Starter.
Sold XBI Mar 15 2024 82.0 Puts @ .80
SPX
#SyntheticShortStock – Not doing any crazy rolls yet. Throw it out to Friday and see where we end up. Shorts are looking much better now. A sideways grind right here for the rest of the year works. 🙂 🙂
Rolled Feb 13 2024 5050.0 Puts to Feb 16 2024 5050.0 Puts @ .25 credit (58.50 and 60.25 total now)
BIIB ALB UPS Put Spreads
Sold 1 BIIB 02/16/2024 215/220 Bull Put Spread at $0.35 Credit
Bought 1 ALB 02/23/2024 85 Put/ Sold 1 ALB 02/16/2024 93 Put for a Diagonal Spread Credit of $0.27
Bought 1 UPS 02/23/2024 125 Put/ Sold 1 UPS 02/16/2024 140 Put for a Diagonal Spread Credit of $0.46
This one is paired with some Bear Call Spreads
TQQQ,
STO March 1, 48 puts at .31
IWMY
#smallbuy
BOT IWMY @18.03
#dividends
AMDY
#forIRAaccount
BOT AMDY @20.85
Replacing another ETF i was not happy with.
TQQQ,
STO June 21, 45 puts at 2.66
CPI for January
Inflation up 0.4% MoM in January, vs expected 0.3%
That’s up 3.1% YoY, vs expected 2.9%.
So worse than expected, meaning negative market reaction is possible. Futures down 40 points at lows so far.
SPX 0-dte 2/13/24
#SPX0dte Wiaitng until afetr CPI report, probably until the open.
I checked ATM prices before the report and they are over 21.00 for the Iron Butterfly, so about the same as it was at last night’s close, so no benefit to placing the trade day before.
Options Bistro 