Option Iceman 1:14 pm on Thursday, February 29, 2024

SPY Call Spread

Sold 1 SPY 03/11/2024 523/518 Bear Call Spread at $0.44 Credit

The short side is 10 points out of the money and the all time high on SPY is 510.13

Option Iceman 1:11 pm on Thursday, February 29, 2024

SPY Expiration

1 SPY 02/29/2024 501 Put
1 SPY 02/29/2024 503 Put

1 SPY 02/29/2024 518/511 Bear Call Spread

Option Iceman 12:58 pm on Thursday, February 29, 2024

SPY 1-dte

Sold 1 SPY 03/01/2024 513.00 Call at $0.23

My 513/500 strangle for tomorrow has a premium of $0.56

fuzzballl 12:13 pm on Thursday, February 29, 2024
Tags: JadeLizards ( 129 )

SNOW

#JadeLizards – Sacrificing the upside for more downside help. Sold another call spread just below my short put. I’ll risk the 30 cents on a rally for a lower breakeven if it continues dropping.

Sold SNOW Mar 15 2024 185/190 Besr Call Spreads @ 2.10 credit.

Position is now 190 short put against 185/190 call spread. 4.70 total credit. Max loss .30 to the upside and breakeven 185.30 to the downside.

Not something I really want to mess with long term.

fuzzballl 12:07 pm on Thursday, February 29, 2024
Tags: CoveredCalls ( 2,126 )

BA

#CoveredCalls – Out and up.

Rolled BA Mar 01 2024 195.0 Calls to Mar 15 2024 197.5 Calls @ .35 debit (5.50 total now)

Option Iceman 12:01 pm on Thursday, February 29, 2024

LABU

Bought to close 1 LABU 03/01/2024 195/190 Bear Call Spread at $0.01
Sold on Tuesday at $0.73

fuzzballl 11:53 am on Thursday, February 29, 2024
Tags: SyntheticShortStock ( 106 )

SPX

#SyntheticShortStock – A clean sweep. Straight rolls the entire week. I could hold out for more but a last hour rally would cost me premium and possibly a higher strike sale tomorrow. Dips during last 90 minutes of the day seem to work pretty good.

Rolled SPX Feb 29 2024 5075.0 Puts to Mar 1 2024 5075.0 Puts @ 8.50 credit (38.95 total now)