#VIXindicator This fired at the close today. It comes after the last one was canceled on Feb 13th, but with no Downside Warning in the interim. So it may not be as strong, but don’t be surprised at more movement higher.
Daily Archives: Friday, March 22, 2024
SPY Expiration
1 SPY 03/22/2024 490/495 Bull Put Spread – Sold on 03/15 at $0.27 (the last of my put spreads)
1 SPY 03/22/2024 529/524 Bear Call Spread – Sold yesterday at $0.49
SPX
#SyntheticShortStock – Straight roll.
Rolled SPX Mar 22 2024 5240.0 Puts to Mar 25 2024 5240.0 Puts @ 6.10 credit (16.55 and 17.05 total now)
DWAC Puts
Sold 1 DWAC Mar 28 2024 20.0 Put at $0.27
Also sold 1 DWAC Mar 28 2024 15/24 Bull Put Spread at $0.49 Credit
https://www.zerohedge.com/political/trump-tied-spac-tumbles-after-shareholder-approve-deal
Economic Calendar 3/25 – 3/29
Friday holiday so shortened week, but also pretty quiet in terms of data releases.
WBA Covered Strangle into Earnings
Sold 1 WBA Mar 28 2024 23.0 Covered Call at $0.21
Sold 1 WBA Mar 28 2024 18.0 Put at $0.07
#EveryLittleBitHelps
LULU Diagonal Put
Bought 1 LULU 03/28/2024 355.0 Put / Sold 1 LULU 03/22/2024 382.5 Put at $0.57 Credit
LULU low of the day so far is $390.55
ACN Diagonal Put
Bought 1 ACN 03/28/2024 330.0 Put / Sold 1 ACN 03/21/2024 340.0 Put at $0.35 Credit
Hoping the short expires so I can write a new one for next week
SPX o-dte 3/22/24
#SPX0dte Sold to Open $SPX Mar 22nd 5210/5240-5245/5275 condors for 13.05, IV 15.67%, at 9:36 ET
Premium was dropping rapidly as I tried to sell this.
CFG LNC Stocks
Sold tiny bits of these at new highs
CFG at $36.01 – bought April of 2023 at $28.00
LNC at $30.29 – bought March of 2023 at $20.18
#spx0dte @9:39, very nervous with…
#spx0dte
@9:39, very nervous with the low premium but it is my day off so…
SELL -1 IRON CONDOR SPX 100 (Weeklys) 22 MAR 24 5245/5275/5240/5210 CALL/PUT @13.30 LMT IV:18.4
bracket:
limit: 11.95
Stop limit: 16.7/16.9
AAPL Diagonal Put
Bought 1 AAPL 03/28/2024 162.50 Put / Sold 1 AAPL 03/21/2024 170.00 Put at $0.33 Credit
Hoping the short expires or drops to a penny so I can write a new one for next week
Options Bistro 