Option Iceman 1:18 pm on Friday, April 12, 2024

OptionsExpiration

Another wild wild week

Expirations:

SPY 489/499 Bull Put Spread
SPY 530/527 Bear Call Spread

SBUX 88 Covered Calls
BOIL 16 and 16.5 Covered Calls
UPS 139/144 and 137/143 Bull Put Spreads
UPS 162.5/155 and 162.5/150 Bear Call Spreads
GLD 227.5/222.5 Bear Call Spread
NFLX 585/590 Bull Put Spread
NFLX 645/640 Bear Call Spread
NVDA 785/790 and 795/800 Bull Put Spreads
NVDA 935/930 and 925/920 Bear Call Spreads
C 55/58 Bull Put Spread
UVXY(adj) 9/8 and 10/8 Bear Call Spreads
VXX 18.5/15.5 Bear Call Spreads
KEY 14.5 Put
DJT 20.0 Put
WBA 17.5 Put
USB 40.5 Put
PARA 10 and 10.5 Puts
WFC 52.0 Put
C 56.0 and 55.0 Puts
TNA 34.0 Put
VZ 39.5 Put
TSLA 135 Put
CHTR 240.0 Put

Assignments:
WBA 18 Puts
VFC 12.5 Put
BIIB 200 Put
All new lows today

Option Iceman 12:40 pm on Friday, April 12, 2024

VXX UVXY Calls rolled up

Haven’t had to do this in a while

Bought to close 1 VXX 04/12/2024 20/14.5 Bear call spread at $0.44
Sold to open 1 VXX 04/19/2024 20/15.5 Bear Call Spreads at $0.46 Credit

Bought to close VXX 04/12/2024 17.5/15 Bear call spreads at $0.16
Sold to open VXX 04/26/2024 19.5/17 Bear Call Spreads at $0.23 Credit

Bought to close UVXY2(adj) 04/12/2024 7.50 Covered Call at $0.15
Sold 1 UVXY2(adj) 04/19/2024 8.5 Call at $0.31

Option Iceman 11:18 am on Friday, April 12, 2024

GLD

Gold just collapsed.
GLD dropped from 225 to 217 in just a couple of hours

Sure helps out my Bear Call spreads 🙂

fuzzballl 10:40 am on Friday, April 12, 2024
Tags: ShortPuts ( 4,763 )

SPY

#ShortPuts – Starting to see some nice premium with VIX pushing 20. Going outside the expected move and down to the 200 day.

Sold SPY Jun 21 2024 465.0 Put @ 3.42

Option Iceman 10:05 am on Friday, April 12, 2024
Tags: FallingKnife ( 963 )

GILD BIIB UPS Put Rolls

Rolled this week’s GILD 04/12/2024 69.0 Put to next week at $0.39 Credit
Rolled another to the GILD 04/26/2024 68.0 Put at $0.53 Credit
At some point I might decide to take the stock

Rolled this week’s BIIB 04/12/2024 202.5 Puts to next week’s BIIB 04/19/2024 200.0 Puts at $0.28 Credit

Rolled this week’s UPS 04/12/2024 145.0 Put to next week’s UPS 04/19/2024 140.0 Put at $0.19 Credit
#FallingKnife

fuzzballl 10:01 am on Friday, April 12, 2024
Tags: ShortPuts ( 4,763 )

SPY

#ShortPuts – Couldn’t resist. Starters around the expected moves and the 100 day. Beyond this I’ll be looking at the 200 day to add any more.

Sold SPY May 10 2024 490.0 Put @ 2.95
Sold SPY May 17 2024 485.0 Put @ 2.95
Sold SPY May 24 2024 480.0 Put @ 2.85

Option Iceman 9:17 am on Friday, April 12, 2024

Earnings 4/15 – 4/19

Key stocks already at 52 week lows:
SBUX ZTS UNH BF/B BIIB BA GILD WBA

fuzzballl 8:59 am on Friday, April 12, 2024
Tags: SyntheticShortStock ( 108 )

SPX

#SyntheticShortStock – Played it not so good this week.

Had the 5240 sitting for today. Early in the week rolled it into Wed and up to 5245 at even. Was playing for a bounce on the numbers. That didn’t work. LOL

Had to roll it back out to next week 5240 at even. No harm no foul. Took a shot. Only downside is if I would’ve waited could’ve rolled it today out to next week’s 5230 at close to even.

Each roll down in the short puts adds gains to the synthetic shorts. If we really sell off might have to start rolling it a few weeks out and down. For example even with it 90 points in the money right now I could roll it to May and down 80 points for close to even. Now that would really help the shorts!

jsd501 8:01 am on Friday, April 12, 2024

TQQQ,

STO,
MAy 17, 45 puts at .56
May 24,45 puts at .89
May 31, 45 puts at 1.01

Jeff 7:55 am on Friday, April 12, 2024
Tags: VIXIndictor ( 2 )

Upside Warning canceled

#VIXindictor The Upside Warning was canceled today when $VIX intraday spiked above 18.59. We will enter a Downside Warning if we close at these levels.

This was a “secondary” Upside Warning, coming after a previous one with no Downside Warning in between. These are usually weaker, and this one only gave us 30 points of gain for the all-time high on March 28.