fuzzballl 1:11 pm on Wednesday, February 21, 2024

NVDA

Option Iceman 1:06 pm on Wednesday, February 21, 2024

SPY Expiration

I’m certain of these at least
1 SPY 470/480 Bull Put Spread
1 SPY 469/479 Bull Put Spread
1 SPY 491 Diagonal Put

Option Iceman 12:59 pm on Wednesday, February 21, 2024

SPY Late Fills

Sold SPY 02/22/2024 499.0 Diagonal Calls at $0.26 and $0.28
Buyers anticipating an NVDA blowout as these are almost 2 points out of the money with 5 minutes until the close.

Also Sold 1 SPY 02/22/2024 505/500.0 Bear Call Spread at $0.13 Credit (one minute before the close)

Jeff 12:16 pm on Wednesday, February 21, 2024
Tags: spx0dte ( 109 )

SPX 0-dte study

#SPX0dte I did a mini-study today to back test WAITING UNTIL EXPIRATION . I went from April 5, 2021, which was the first day we breached SPX 4000, to 2/13/24. I tested the IB with 30-pt wings. Premium taken in of $16 each day.

Total trading days:721

Total wins: 276, $2,370
Total losses: 445, -$5,147

So, definitely not looking beneficial over long term to wait until the close. I suspected this, but wanted to make sure. If we increased premium to $17 or $18 we’d get closer to even but I still think it would be a loss.

Option Iceman 12:03 pm on Wednesday, February 21, 2024
Tags: OnlySpreads ( 495 )

PANW SMCI BOIL NVDA Spreads

Sold 1 PANW 02/23/2024 225/235 Bull Put Spread at $0.19 Credit
Sold 1 SMCI 02/23/2024 400/410 Bull Put Spread at $0.20 Credit

Sold 1 BOIL 02/23/2024 21/19 Bear Call Spread at $0.14 Credit
Sold 1 NVDA 02/23/2024 910/900 Bear Call Spread at $0.13 Credit
#OnlySpreads

Option Iceman 9:41 am on Wednesday, February 21, 2024
Tags: Earnings ( 3,088 )

SPY 0dte

Sold 1 SPY 02/21/2024 491.00 Put at $0.18
Sold 1 SPY 02/21/2024 498.00 Call at $0.40
Prior to NVDA #Earnings the range today on SPY has been about 2 points