1 SPY 07/18/2024 547/552 Bull Put Spread
Daily Archives: Thursday, July 18, 2024
SPY Diagonal Put
Bought 1 SPY 07/23/2024 535 Put / Sold 1 SPY 07/19/2024 549 Put at $0.52 Credit
The short expires tomorrow
LLY BUCS
$LLY BTO 8/9 840/880 Bull call spread at 17.03
Earnings 8/8 before market. Plan is to capture earnings run. If it doesn’t work I will at least lose weight since I’ll have less disposable income to eat at McDonalds.
SPY FCX Spreads
SOXL Calls
Sold 1 SOXL 07/19/2024 59/55 Bear Call Spread at $0.24 Credit.
Trying to offset some of the pain of my SOXL put positions
Market finally woke up from…
Market finally woke up from it’s several month binge. I really hate one way markets. Much easier to trade bi-directional markets when income trading.
LVS Puts
Sold 1 LVS 07/26/2024 35.5/38.5 Bull Put Spread at $0.30 Credit
#Earnings next week
VXX Long Term Puts
Bought VXX Jan 17 2025 6.0 Puts at $0.10
Bought VXX Jan 17 2025 5.0 Puts at $0.03
#VXXContango
CLF Calls Rolled
Bought to close CLF 07/19/2024 17.0 Covered Calls at $0.02.
Sold to open Sold CLF 08/02/2024 17.5 Covered Calls at $0.21
TSLA Calls Closed
Bought to close 2 TSLA 07/19/2024 315/300 Bear Call Spreads at $0.01.
Sold on Monday at $0.28 and $0.56.
SPX
Rolling on the early bounce just in case it doesn’t last.
Rolled SPX Jul 18 2024 5625.0 Puts to Jul 19 2024 5620.0 Puts @ 2.00 credit (9.35 total now)
SPX 0-dte trades 7/18/24
#SPX0dte So after two days out of three with the long trade doing nicely and the short one doing poorly, I decided to only buy the hedge long condor last night and wait for morning for the short.
Last night, bought to open $SPX July 18th 5500/5520-5670/5690 condors for 1.05, deltas -.05 +.05.
This was pretty wide and a nice condor to SELL, or even a strike or two tighter in. Sure enough it is down to about .60 now. But still there for a hedge in case we get a big bounce or collapse. Looking to enter ATM after the open, unless we swing wildly from 8:30 data.
Options Bistro 