$GME and $AMC were halted 34 times today combined…
GameStop
▪ +100% pre-market
▪ +62% at EOD
AMC
▪ +120% pre-market
▪ +32% at EOD
Daily Archives: Tuesday, May 14, 2024
CMG Puts
Sold 1 CMG May 17 2024 3000/3070 Bull Put Spread at $0.85 Credit
SPY Expiration
1 SPY 05/14/2024 510/515 Bull Put Spread – sold on Friday at $0.32
SPY Calls Rolled
Never thought I would have to roll these calls up (again).
Turned the new spread into a 1 day diagonal to account for Fed driven volatility tomorrow
Bought to close 1 SPY 526/523 Bear Call Spread then
Sold to open 1 SPY May 16 2024 533 / SPY May 15 2024 527 Diagonal Bear Call Spread at $0.06 Credit on the rollup
SE
Bought to close 1 SE May 17 2024 45 Put at $0.01. Sold yesterday at $0.32
#Earnings were a non-event
UPST Calls
#coveredcalls
$UPST STO 5/17 32.50 calls at .62
GME
#BullPutSpreads – Thanks @OptionIceman. Paying for my lottery tickets.
Sold GME May 17 2024 25.0/23.0 Bull Put Spreads @ .24
GME Puts
Sold 1 GME May 17 2024 26/30 Bull Put Spread at $0.85 Credit
This crazy run up will probably last a few more days
GME
#LongPuts – Lottery tickets.
Bought GME Jun 21 2024 10.0 Puts at $0.22
SPCE HE LLY
#coveredcalls
#everylittlebithelps
SOLD 17 MAY 2024 3 CALL @.05
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#rolling
Sto HE from 17 MAY 2024 to24 MAY 2024/ 12 PUT @.10
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#onlyspreads
SOLD LLY 17 MAY 2024 725/722.5 PUT @.11
NUE Call Spread
Sold 1 NUE May 17 2024 185/180 Bear Call Spread at $0.28 Credit
ULTY YMAG YMAX
#smallbuy
#dividends
#exdivtomorrow
BOT ULTY @16.25
BOT YMAG @20.30
BOT YMAX @20.46
META SBUX AMC TZA Puts
Sold 1 META May 17 2024 437.5/442.5 Bull Put Spread at $0.27 Credit
Sold 1 SBUX May 24 2024/May 17 2024 69/74 Diagonal Bull Put Spread at $0.14 Credit
Sold 1 TZA May 17 2024 16.0 Put at $0.11
Sold 1 AMC May 17 2024 3.0 Put at $0.06
TLT
#CoveredCalls – Haven’t posted much on these but still plugging along. They were ITM for awhile but back in play now. Doubling the divvy.
Sold TLT Jun 21 2024 94.0 Calls @ .45
SPX 0-dte trades 5/14/24
#SPX0dte Sold to Open $SPX May 13th 5145/5165-5265/5285 condors for 1.15, IV 20.62%, deltas -.06 +.06
I decided to hold second half of long May 13th 5260/5280 call spreads through the PPI report. That cost me as we dropped. It’s 5 points below by condor so I will try to sell at an early peak.
Options Bistro 