Option Iceman 1:17 pm on Friday, May 24, 2024

OptionsExpiration

Another active week
Expired:
BMY 46.5 Covered Call
BOIL 25/20.5 Bear Call Spread
BOIL 25/21.5 Bear Call Spread
CLF 19 Covered Call
CVS 58 Diagonal Call
CVS 60 Covered Call
CVS 61 Covered Call
GILD 68 Covered Call
GILD 69 Covered Call
GME 41/31 Bear Call Spread
GME 43/33 Bear Call Spread
GME 45/35 Bear Call Spread
GME 17.5/14 Bull Put Spread
GME 16.5/10 Bull Put Spread
NUE 170/162.5 Bull Put Spread
NVDA 800/805/1100/1105 Iron Condor
SBUX 82.0 Diagonal Call
SPY 521/524 Bull Put Spread
SNOW 130/135 Bull Put Spread
VFC 10 Put
VFC 15 Covered Call
VXX 12.5 Covered Calls
VXX 15/12 Bear Call Spreads

Assignments:
More than normal
SBUX 77.0 Covered Call
BMY 42.5 Put
BMY 42 Puts
CLF 18.5 Put
WBA 17 Puts

walter6871 12:09 pm on Friday, May 24, 2024
Tags: Assignment ( 174 ), OnlySpreads ( 521 ), OptionsExpiration ( 794 )

HE ARM MARA F

#assignment
HE 12 put prob be assignment today
—
#onlyspreads
ARM 92/95 PUT expired
—
#optionsexpiration
MARA 16 PUT expired
F 12.50 CALL expired

jsd501 11:41 am on Friday, May 24, 2024

TQQQ, STO July 5, 55 puts at .80

TQQQ, STO July 19, 55 puts at 1.21

jsd501 11:30 am on Friday, May 24, 2024

TQQQ,

,
My May 24, $45 puts will expire at zero today.

Option Iceman 11:26 am on Friday, May 24, 2024

GME Puts and Calls

Rolled down 1 GME 05/24/2024 18.5 Put 1 GME 05/31/2024 16.0 Put at $0.12 Credit.

Sold 1 GME 05/31/2024 40/31 Bear Call Spread at $0.27 Credit
Sold 1 GME 05/31/2024 42/32 Bear Call Spread at $0.27 Credit
Sold 1 GME 05/31/2024 41/32 Bear Call Spread at $0.23 Credit

Jeff 10:51 am on Friday, May 24, 2024

Earnings week of 5/27 – 5/31

fuzzballl 9:43 am on Friday, May 24, 2024
Tags: SyntheticCoveredCalls ( 227 ), SyntheticShortStock ( 108 )

BA GME SNOW SPX

#SyntheticCoveredCalls #SyntheticShortStock – A few.

BA: A small synthetic stock position.

Expiring: BA May 24 2024 180.0 Calls (sold for 2.90)

Sold BA MAY 31 2024 175.0 Calls @ 2.45

GME: A fun little trade that has turned into a pain.

Rolled GME May 24 2024 21.0 Puts to Jun 21 2024 17.5 Puts @ .17 credit

Sold GME May 24 2024 18.0 Puts @ .62 (to close)

New position: Jun 21st 17.5/10.0 Bull Put Spreads @ .48

SNOW: A small synthetic stock position

Rolled SNOW May 24 2024 155.0 Calls to May 31 2024 155.0 Calls @ 1.75 credit (8.30 total now)

SPX: Rolled too late yesterday and too early today. Still collecting premium every day though. Sold against synthetic short stock a few years out.

Rolled SPX May 24 2024 5310.0 Puts to May 28 2024 5305.0 Puts @ .75 credit (19.50 and 19.75 total now)

Jeff 9:06 am on Friday, May 24, 2024

Economic Calendar 5/27 – 5/31

GDP report Thursday; Personal Consumption Expenditures (PCE) price index on Friday

Option Iceman 7:36 am on Friday, May 24, 2024

BOIL Call Closed

Bought to close 1 BOIL 05/24/2024 24.0 Diagonal Call at $0.01

Option Iceman 7:32 am on Friday, May 24, 2024

GME Puts Rolled / Calls Closed

Rolled 1 GME 05/24/2024 12/22.5 Bull Put Spread to 1 GME 05/31/2024 12.5/21.5 at $0.05 Credit

Rolled 1 long GME 05/24/2024 19.0 Put to 1 GME 06/07/2024 12.5 Put at $0.70 Credit
Rolled 1 short GME 05/24/2024 20.0 Put to 1 GME 05/31/2024 18.5 Put at $0.02 Credit

Bought to close 1 GME 47/37 Bear Call Spread at $0.01

Option Iceman 7:00 am on Friday, May 24, 2024

CMG Iron Condor

Bought to close 1 CMG May 24 2024 3075/3100/3275/3300 Iron Condor at $.05 – Sold Monday at $5.17

Jeff 5:42 am on Friday, May 24, 2024
Tags: RiskReversal ( 86 )

Risk Reversal

#RiskReversal At the close yesterday, I felt that we’d had an outsized intraday countertrend move that wouldn’t follow through. I think we will remain at these levels or go higher at least until June 7th, when we get next monthly jobs report, followed by both a CPI report and Fed decision the following week.

So, at the close…
Sold to Open $SPX May 29th 5160/5140 puts spreads
Bought to Open May 29th 5360/5380 call spreads
Net CREDIT +0.15