1 SPY 08/28/2024 545/550 Bull Put Spread – Sold on Monday at $0.17
1 GLD 08/28/2024 240/235 Bear Call Spread – Sold on Friday at $0.48
Daily Archives: Wednesday, August 28, 2024
CLM MSTY
#smallbuy
#dividends
BOT CLM @7.49
BOT MSTY @23.44
CRWD
ER today. straddle priced at ~27. I am putting on a cheap double diagonal
BTO Sep 6 225/305 strangle, and STO Aug 30 230/300 strangle, @0.22.
TQQQ VXX on a slight market bounce
Sold 1 TQQQ 09/06/2024 80/75 Bear Call Spread at $0.30 Credit
Sold 1 VXX 09/06/2024 40/44 Bull Put Spread at $0.58 Credit
Markets
Some serious drops today
SMCI down 21%
ANF down 19%
FL down 11%
Closing CRWD before earnings
Bought to close $CRWD 8/30 240/230 bull put spread @ 1.88 for a minimal loss (sold for 1.78 in July).
VXX Calls – SPY Puts
The market pullback must be getting serious
Sold 1 VXX 08/30/2024 56/51 Bear Call Spread at $0.29 Credit
Sold 1 SPY 09/09/2024 525/535 Bull Put Spread at $0.40 Credit
SNOW
Early assignment from an earnings iron fly lottery ticket. Goal is to get out at even now.
Rolled 114 covered call down to 110 @ 1.75 credit for this Friday. Basis 110.10 now. Close enough I’d probably let it go there.
SPX update
Haven’t really mentioned it in awhile. Still have all 5 positions and short puts currently sitting at Oct monthly 5570 strike. Since they are just out of the money and nearing the sweet spot for theta the 5 positions are overall running 388 per day theta. That will decrease as we get closer to expiration.
Really no hurry to roll these in and up yet since overall they are net 92 long deltas. If the market rallies or time passes where they get to neutral or negative deltas then I might consider the roll. For now really happy with the overall setup. Bigly profitable YTD so just watching time pass for now.
NVDA
Been bored so couldn’t help myself. This should be the KOD for NVDA. LOL Little early on these.
Sold NVDA Sep 20 2024 115.0 Put @ 3.95
Sold NVDA Sep 20 2024 110.0 Put @ 2.65
Sold NVDA Sep 20 2024 105.0 Put @ 1.78
CRWD SPY Puts
Sold 1 CRWD 08/30/2024 200/210 Bull Put Spread at $0.24 Credit
Sold SPY 09/03/2024 542/547 Bull Put Spread at $0.29 Credit
Sold SPY 09/04/2024 541/546 Bull Put Spread at $0.29 Credit
Sold SPY 09/05/2024 535/545 Bull Put Spread at $0.60 Credit
Sold SPY 09/06/2024 525/535 Bull Put Spread at $0.30 Credit
Extending my #SPYLadder
GAP VFC Calls
Sold 1 GAP 08/30/2024 29/27 Bear Call Spread at $0.22 Credit
Sold 1 VFC 08/30/2024 18.5 Call at $0.15
Sold this against a leftover call from last week
#DoubleDip
SPX 0-dte for 8/28/24
#SPX0dte Sold to Open $SPX Aug 28th 5555/5575-5665/5685 condors for 1.10, IV 17.56%, deltas -.06 +.06
Options Bistro 