1 SPY 08/05/2024 495/500 Bull Put Spread – Sold this morning at $0.50
Daily Archives: Monday, August 5, 2024
SPX end of day
#SPX0dte At 12:26p PT, sold to open $SPX Aug 5th 5145/5175-5180/5210 condors for 14.45, IV a lot. BTC at 12:49 for 12.50, about 10%. Was going for 10.00 but it looked to be threatening to go lower so I got out. Had I waited a minute longer, it would have hit 10.00! It didn’t hit my expiration breakeven point so I probably shouldn’t have chickened out, but when down 3%, fear is a factor.
SPY Puts
Sold 1 SPY 08/06/2024 485/495 Bull Put Spread at $0.28 Credit
#EveryLittleBitHelps
Damage control: closed my SPX…
Damage control: closed my SPX butterflies at minor losses ($2900 avg over 5 accounts).
Adding long puts to my XOP and XBI Jade lizards. Just to control margin, only paper losses at this point. Will manage as calendars/diagonals now.
Stay flexible! Not trading anything else today but I see some trades setting up with the bump in the VIX.
Today daughter is home from college and she lives away year round now so we are either going SUP surfing or flat water paddle after lunch. Sounds like she is leaning towards flat water.
SPY
Not as good as opening prices but I’d still be very happy with these on a more normal type of drop.
Sold SPY Sep 20 2024 400.0 Put @ 4.00
Sold SPY Sep 20 2024 425.0 Put @ 5.00
Schwab
Down all morning
keeping me out of trouble 🙂
SPX
Out in the middle of South Dakota and Spectrum has capped my speeds due to data usage this week. I can barely get on any platform. Missed the opening prices for SPY put sales. Thanks Spectrum!
I did mange to close these. Bought as protection months ago before the big rally and I had kinda written them off as worthless. I’ll take it!
Sold to Close SPX Dec 19 2025 1000.0 Put @ 4.50 (bought for 4.10)
Sold to Close SPX Dec 19 2026 1000.0 Put @ 5.00 (bought for 5.55)
More opening activity
Sold 1 SPY 08/05/2024 495/500 Bull Put Spread at $0.50 Credit
Sold 1 TQQQ 08/09/2024 40/45 Bull Put Spread at $1.24 Credit
Sold 1 UPS 08/09/2024 125 Put at $1.37
Sold 1 UPS 08/09/2024 124 Put at $1.24
Sold 1 UPS 08/09/2024 123 Put at $1.10
Sold 1 CVS 08/09/2024 70 Covered Call at $0.19
Sold 1 CVS 08/09/2024 71 Covered Call at $0.13
Sold 1 TQQQ 08/09/2024 71 Covered Call at $0.12
Sold 1 SOXL 08/23/2024 60/56 Bear Call Spread at $0.18 Credit
Bought 1 SOXL 08/16/2024 16 Put / Sold 1 SOXL 08/09/2024 24 Put for a Diagonal Credit of $0.68
Bought 1 VFC 08/16/2024 21 Call / Sold 1 VFC 08/09/2024 17.5 Call for a Diagonal Credit of $0.16
SPX
BTO Aug-05-24 5050/5000/4900 put 1:3:2 BF @ -3.2 , credit.
close order $20 credit, or stop at 10 debit.
Active opening
Sold 1 SOXL Aug 09 2024 54 Covered Call at $0.06
Sold 1 PARA Aug 09 2024 10 Put at $0.06
Sold 1 HAL Aug 09 2024 29 Put at $0.08
Sold 1 LVS Aug 09 2024 33 Put at $0.11
Sold 1 EQT Aug 09 2024 28 Put at $0.12
Sold 1 MOS Aug 09 2024 23.5 Put at $0.26
Sold 1 AAL Aug 09 2024 9 Put at $0.27
Sold 1 ALB Aug 09 2024 73 Put at $0.44
Sold 1 OXY Aug 09 2024 52 Put at $0.78
Sold 1 WYNN Aug 09 2024 65 Put at $1.20
Bought tiny bits of INTC at $20.21 and $20.00
Sold a tiny bit of TSN at $62.62
Sold half my remaining VXX stock at $86.15 in the pre-market
BITO
@DCA
#dividends
BOT BITO @16.725
SPX 0DTE put spread
Sold $SPX Aug 5 4960/4925 bull put spread @ 3.05
Options Bistro 