#VIXindicator Fired at the close with $VIX over 50% higher than its recent low of 12.40 on 3/21. Expect the possibilities of lower levels over the coming days or weeks.
Daily Archives: Monday, April 15, 2024
SPY
#ShortPuts – One add.
Sold SPY Jun 21 2024 460.0 Put @ 3.20
SPY Expiration
1 SPY 04/15/2024 488/498 Bull Put Spread – Sold last Thursday at $0.28
UVXY Calls
New post-split calls
Sold 1 UVXY 04/19/2024 55/48 Bear Call Spread at $0.38 Credit
BAC F SOXL UAL Puts
Sold 1 BAC 04/19/2024 33.5 Put at $0.06 #Earnings
Sold 1 F 04/19/2024 11.82 Put at $0.06
Sold 1 SOXL 04/19/2024 32.0 Put at $0.06
Sold 1 UAL 04/19/2024 35.0 Put at $0.07 #Earnings
#EveryLittleBitHelps
OFF TOPIC,
Dan at SMM put out a very bearish vidio last night so I covered all my short puts and again am 100% cash in all accounts. He pointed out that only 9 stocks in the DJI 30 are above their 50 day moving average.
BAC BK BOIL BXP LABU WU Puts
Sold 1 BAC 04/19/2024 34.0 Put at $0.07 #Earnings
Sold 1 BK 04/19/2024 50.0 Put at $0.11 #Earnings
Sold 1 BOIL 04/19/2024 11.5 Put at $0.06
Sold 1 BXP 04/19/2024 55.0 Put at $0.10
Sold 1 LABU 04/19/2024 70.0 Put at $0.16
Sold 1 WU 04/19/2024 12.0 Put at $0.05
#EveryLittleBitHelps
SPY Put Spread Laddder
Sold 1 SPY 485/495 04/16/2024 Bull Put Spread at $0.12 Credit
Sold 1 SPY 485/495 04/17/2024 Bull Put Spread at $0.14 Credit
Sold 1 SPY 485/495 04/18/2024 Bull Put Spread at $0.16 Credit
Sold 1 SPY 485/495 04/19/2024 Bull Put Spread at $0.17 Credit
Sold 1 SPY 485/495 04/22/2024 Bull Put Spread at $0.21 Credit
Sold 1 SPY 485/495 04/23/2024 Bull Put Spread at $0.27 Credit
BIIB SBUX Stock
Sold the stock put to me Friday at 200 at 200.51 in the pre-market
Plus the $1.25 original put premium.
Sold SBUX 04/19/2024 88.0 Covered Calls at $0.16 and $0.26.
Replacing similar calls that expired Friday
SPX 0-dte trades 4/15/24
#SPX0dte Sold to Open $SPX 5075/5095-5215/5235 condors for 1.45, IV 26.46%, deltas -.07 +.07
Sticking with wide condors until IV gets lower. Tight condors with 10% exit are still a viable trade, just potentially tougher in high IV/high $VIX environment. If it drops and the swings subside I will resume them, or may add them later in day.
Options Bistro 