#SPX0dte At 9:57p ET, sold to Open $SPX 5510/5530-5650/5670 condors for 1.30, IV 15.39%, deltas -.06 +.06
With overnight moves being minor and premium/width returning to anemic, I’m selling night before to get more juice.
Daily Archives: Tuesday, August 20, 2024
TQQQ, STO September 27, $55…
TQQQ, STO September 27, $55 puts at .95
TQQQ,
STO September 13, $60 puts at .96
STO September 20 $60 puts at .98
TQQQ, STC September 20, $65…
TQQQ, STC September 20, $65 calls at 8.45, We have been up 6 days in a row so we are due for some pull back. and I will buy them again.
SPY Long(er) Term Puts
The last of my SPY puts expired yesterday so dipping my toe in again:
Sold 1 SPY 09/20/2024 460/515 Bull Put Spread at $0.72 Credit
Sold 1 SPY 09/13/2024 465/520 Bull Put Spread at $0.54 Credit
TQQQ and GLD
Sold 1 TQQQ 87/73 Diagonal Bear Call Spread at $0.75 Credit
Sold 1 TQQQ 86.5/74 Diagonal Bear Call Spread at $0.42 Credit
Sold 1 GLD 08/21/2024 240/235 Bear Call Spread at $0.51 Credit
High premiums because of the JHole speech
SOXL
#coveredcalls
Sto SOXL 6 SEP 2024 52 CALL @.68
SPX 0-dte for 8/20/24
#SPX0dte Sold to Open $SPX 5545/5565-5645/5665 condors for 1.30, deltas -.09 +.07, IV 15.80%
These trades have already returned to their anemic premium and width from before the mini-crash. After yesterday’s strong move higher I am going more aggressive with higher deltas, thinking that a ninth straight day of gains is less likely than an eighth, but also assuming there won’t be any dramatic collapse.
Options Bistro 