#optionsexpiration
$NVO 128 calls
$VKTX 79 calls
$CELH 77 calls
$COIN 260 calls
$VKTX 71 puts
$CELH 73 puts
$COIN 195 puts
Daily Archives: Friday, May 3, 2024
OptionsExpiration
Another earning driven week. Huge declines in SBUX, CVS and BMY caused me to take some stock
Spreads:
SPY 485/490 Bull Put Spread
SPY 489/494 Bull Put Spread
SPY 492/497 Bull Put Spread
AMD 135/140 Bull Put Spread
BMY 41/43.5 Bull Put Spread
CMG 3035/3045 Bull Put Spread
CMG 3040/3050 Bull Put Spread
COIN 180/185/285/290 Short Iron Condor
CVNA 55/60 Bull Put Spread
DJT 60/55 Bear Call Spread
DJT 70/65 Bear Call Spread
EBAY 44/48 Bull Put Spread
HSY 170/175 Bull Put Spread
MGM 34/38 Bull Put Spread
MMM 80/85 Bull Put Spread
QQQ 411/416 Bull Put Spread
UPS 125/133 Bull Put Spread
UPS 139/143 Bull Put Spread
UPS 139/144 Bull Put Spread
UPS 160/152.5 Bear Call Spread
UVXY 50/40 Bear Call Spread
VXX 18/14 Bear Call Spreads
VXX 21/17.5 Bear Call Spreads
Covered Calls:
BMY 45 Call
BOIL 15.5 Call
CVS 57 Call
GILD 69 Cal
SBUX 90 Call
VFC 13.5 Call
VXX 13.5 Call
VXX 14.5 Calls
Assignments:
SBUX 82, 80 and 77 Puts – Div = 3.0%
CVS 64 and 60 Puts – Div = 4.8%
BMY 47.5 Put – Div = 5.5%
CMG Diagonal Call closed
Closed 1 CMG May 10 2024 3420 / CMG May 03 2024 3320 Diagonal Bear Call Spread at $0.17 Credit
Sold the spread on Monday at $2.75 Credit.
So a #WinWin
Major drop in VIX
#VIXindicator Barring an afternoon volatility spike, looks like Downside Warning will be canceled as the $VIX took a big plunge before the open on the Jobs report. This could put us in an Upside Warning as early as Tuesday’s close.
UNMA
#LONGTIME HOLD
Held since 2015/faithfully spit out 6.14% divi ,every year.
feel need to redeploy capitol.
SOLD UNMA @24.99
QQQ Puts Closed
Bought to close 1 QQQ May 06 2024 406/411 Bull Put Spread at $0.01 – sold Wednesday at $0.38
SPX 0-dte trades 5/3/24
#SPX0dte Sold to Open $SPX May 3rd 5030/5050-5180/5200 condors for 1.20, IV 27.50%, deltas -.07 +.05
April Jobs Report
#Jobs — Gains slowed in April, rising less than expected, which is good news for the hope of lower interest rates.
Gain of +175,000 non-farm payroll jobs, vs. expected gain of 240K
Unemployment up 0.1% to 3.9%, vs expectation of unchanged
U6 unemployment 7.4%, up by 0.1%
Labor force participation unchanged at 62.7%
Average hourly earnings up by 0.2%, less than expected; +3.9% Y/Y
February jobs revised down by -34K to +236K
March jobs revised up by +12K to +315K
Options Bistro 