1 SPY 540/567 Bull Put Spread
1 SPY 558/568 Bull Put Spread
1 SPY 594/587 Bear Call Spread
1 GLD 246/250 Bull Put Spread
Daily Archives: Wednesday, October 30, 2024
VXX
Sold to close 1 VXX Nov 15 2024 75.0 Call at 1.04. BTO last Friday at $0.84
Bought to open 1 VXX Mar 21 2025 23.0 Put at $0.13.
142 Days to expiration
#VXXContango
MCD
Took a shot at a post Ecoli bounce. Not getting it so selling the same strikes on the call side to reduce max loss. Just one contract.
Sold MCD Nov 15 2024 300/305 Bear Call Spread @ 1.05 (total for both sides now 3.65)
I’ll have to decide on expiration day if I want the stock or not. Planning on just taking the loss unless Mickey Deez really tanks. Would maybe consider keeping it around 280.
SPX
IV and expected moves between today and Friday of election week. Highest I have ever seen. Mind blowing put premiums.
RDDT
BTC 11/1/24 $90 Calls; STO 1/15/27 $95 Puts for $3.15 Credit
Now holding a Synthetic long position in RDDT. Strong Earnings report forced adjustment.
DJT SMCI Puts
Sold 1 DJT Nov 01 2024 29.0 Put at $0.15
Sold 1 SMCI Nov 01 2024 25.0 Put at $0.20
Sold 1 SMCI Nov 01 2024 22.0 Put at $0.10
SPX 0-dte trades for 10/30/24
#SPX0dte Sold to Open $SPX Oct 30th 5760/5780-5875/5895 condors for 1.30, IV 18.47%, deltas -.07 +.07
Options Bistro 