Daily Archives: Friday, September 20, 2024
Economic Calendar 9/23 – 9/27
OptionsExpiration
SPY 460/515 Bull Put Spread
SPY 540/551 Bull Put Spread
SPY 576/571 Bear Call Spread
TQQQ 47/57 Bull Put Spread
TQQQ 48/58 Bull Put Spread
TQQQ 49/58 Bull Put Spread
TQQQ 76/71 Bear Call Spread
TQQQ 76/72.5 Bear Call Spread
TQQQ 71 Covered Call
VXX 70/57 Bear Call Spread
VXX 70/60 Bear Call Spread
VXX 46.5 Diagonal Put
VXX 46 Diagonal Put
NUGT 60/55 Bear Call Spread
NUGT 41/45 Bull Put Spread
NUGT 43 Put
UPS 115/123/132/141 Iron Condor
DLTR 56/71/74/80 Iron Condor
DLTR 80/75 Bear Call Spread
AMZN 177.5 Diagonal Put
AMZN 167.5/175 Bull Put Spread
VFC 21/19 Bear Call Spread
BBY 108/101 Bear Call Spread
BBY 109/102 Bear Call Spread
AVGO 172.5 Diagonal Call
AVGO 147 Diagonal Put
BOIL 11 Covered Calls
CLF 12.5 Covered Calls
FCX 46 Covered Call
WBA 10.5 Covered Calls
CVS 64 Covered Call
BEN 17.5 Put
EL 84 Put
MOS 24 Put
SQQQ 7.5 Put
Expiration TQQQ / VKTX Puts
#optionsexpiration
$TQQQ 65 put
$VKTX 64 put
#shortputs
$TQQQ STO 9/27 68 put at .96
$VKTX STO 9/27 68 put at .1.90
SOXL META GS
#optionsexpiration
SOXL 52 call
SOXL 26 put
META 485/487.5 put
#shortputs
#everylittlebithelps
SOLD GS 27 SEP 2024 470/467.5 PUT @.08
SPY Calls and Puts
Sold 1 SPY 10/11/2024 505/535 Bull Put Spread at $0.75 Credit
Extending the Put Ladder
Sold 1 SPY 09/23/2024 577/571 Bear Call Spread at $0.52 Credit
Sold 1 SPY 09/24/2024 578/571 Bear Call Spread at $0.77 Credit
Replacing old calls lost to assignment
SPY
Buying these to sell against on the next implosion. Far enough out to cover all the election drama also.
Bought to Open SPY Mar 21 2025 200.0 Puts @ .28
Bought to Open SPY Mar 21 2025 250.0 Puts @ .47
SPX
Let’s give Mr. Market something to think about.
Rolled SPX Oct 18 2024 5600.0 Puts to Oct 18 2024 5610.0 Puts @ 2.00 credit (17.00 total now)
New positions are currently about 32 long deltas and 425 theta overall including the LEAPS.
Fun fact: 5630 is the highest strike I’ve ever sold so almost there.
TQQQ Calls
Sold 1 TQQQ 09/27/2024 76/71.5 Bear Call Spread at $0.75 Credit
GS
#everylittlebithelps
SOLD GS 27 SEP 2024 470/467.5 PUT @.08
BA SNOW XLU
BA and SNOW synthetic long and XLU synthetic short.
Bought to Close BA Sep 20 2024 157.5 Calls @ .07 (sold for 8.75)
Sold BA Sep 27 2024 155.0 Calls @ 2.47
Bought to Close SNOW Sep 20 2024 114.0 Calls @ .21 (sold for 4.65)
Sold SNOW Sep 27 2024 110.0 Calls @ 3.86
Bought to Close XLU Sep 20 2024 75.0 Puts @ .01 (sold for .26)
Sold XLU Sep 27 2024 77.5 Puts @ .28
SPY Calls
Sold these to start making back some of my SPY loss:
Sold 1 SPY 09/20/2024 576/571 Bear Call Spread at $0.51 Credit – expires today
Sold 1 SPY 09/25/2024 579/571 Bear Call Spread at $1.67 Credit
TQQQ,
I rolled my Sept. 20, 71 calls up to Sept. 27, 75 calls for a debit of .02 and could have done them even if I had waited.
SPY early assignments
I thought I had moved my short SPY calls out far enough to avoid assignment on the ex-date today, but the yesterday’s big 10 point move pushed them too far into the money and nuked all the remaining time premium.
Assigned on 1 SPY 09/27/2024 556 Call and on 1 SPY 09/30/2024 551 Call.
With the stock closing at $570.90 I was looking at a big loss.
Luckily I was able to cover the short stock at $567.97 in the pre-market.
Better, but not great.
SPX 0-dte trades for 9/20/24
#SPX0dte Sold to Open $SPX 5610/5630-5775/5795 condors for 1.10, IV 25.11%, deltas -.06, +.05. I went a strike further on call side just to reduce risk on a Friday in a week with strong profit already.
Options Bistro 