hcgdavis 2:13 pm on Tuesday, December 31, 2024

Happy New Year everyone!

Sorry this is after the fact, if I had time I would feed you guys signals off the algo but alas my practice does not give me time to do that.

Anyway the algo went market down (does not mean short) since Dec 6 was the early signal and Dec 9 was the confirmed signal. Yes I know we were close to a record high after that but the algo is a leading indicator and looks at what is going on behind the scenes. Too much math to explain but it is smarter than me and looks at 21 trillion/data point calculations a second. Yes it is running on 3 NVDA 5000 servers. Any time I have betted against it I have lost.

Anyway we are still on a negative signal. Just be careful and since everyone else is bullish maybe not such a bad time to lean neutral/slightly bearish.

I will let you know when the algo spits out a buy signal but it might be a while. It is above 90% accuracy across the board. A few tickers we are at 96% accuracy and SPY/SPX/ES is one of those. QQQ is also very high at 94%.

Closed out the year by closing 3 different SPX butterflies for 9+k profits, nice little bonus for end of the year!

But yes I wish all of us a happy, healthy, and prosperous 2025! Let’s all make a truck load of money trading this year!!

Option Iceman 1:03 pm on Tuesday, December 31, 2024

SPY Expiration

1 SPY 555/575 Bull Put Spread
1 SPY 565/575 Bull Put Spread
1 SPY 571/581 Bull Put Spread
Happy New year everyone

walter6871 12:45 pm on Tuesday, December 31, 2024
Tags: Dividends ( 101 ), redirectcash, TaxPlanning ( 2 )

FBY QYLD YBIT USOY

#redirectcash
SOLD FBY @19.16
#dividends
tIP BOT USOY @14.057
tIP BOT QYLD @18.23
#taxplanning
tIP SOLD YBIT @12.35

geewhiz112 12:44 pm on Tuesday, December 31, 2024

Happy Healthy Prosperous 2025

Thanks to everyone.
A great community.

geewhiz112 12:30 pm on Tuesday, December 31, 2024
Tags: ShortPuts ( 4,763 )

NVDA Put

#shortputs

$NVDA SYO 3/21 2025 120 put at 6.10

Option Iceman 11:45 am on Tuesday, December 31, 2024

SPY Spreads

Sold 1 SPY Jan 02 2025 569/579 Bull Put Spread at $0.48 Credit
Sold 1 SPY Jan 02 2025 600/595 Bear Call Spread at $0.12 Credit

Option Iceman 9:53 am on Tuesday, December 31, 2024

Halted Trading in Symbol MSTX

Please be advised Trading on the Options Exchanges has Halted in Symbol MSTX as of 10:41

Option Iceman 7:19 am on Tuesday, December 31, 2024
Tags: everylittlebithelps ( 227 )

CLF Call

Sold 1 CLF Jan 03 2025 10.5 Covered Call at $0.03
#EveryLittleBitHelps

Option Iceman 6:39 am on Tuesday, December 31, 2024

SPY Calls

Sold 1 SPY Jan 02 2025 610/600 Bear Call Spread at $0.20 Credit

Option Iceman 6:32 am on Tuesday, December 31, 2024

MSTX Puts

Sold 1 MSTX Jan 03 2025 27 Put at $0.15
Sold 1 MSTX Jan 03 2025 35 Put at $0.35
Sold 1 MSTX Jan 10 2025 35 Put at $0.95

Jeff 6:32 am on Tuesday, December 31, 2024
Tags: spx0dte ( 421 )

SPX 0-dte trades for 12/31/24

#SPX0dte Sold to Open $SPX Dec 31st 5815/5835-6000/6020 condors for 1.55, IV 32.17%, deltas -.05 +.07

EDIT: actually filled for 1.60, I guess as I was lowering my limit order to 1.55, it filled before I transmitted.

High vol and high premium today for 6-delta condor. Must be expecting end-of-year balancing.

fuzzballl 8:21 pm on Monday, December 30, 2024

Unplanned Market Closure

Option Iceman 1:00 pm on Monday, December 30, 2024

SPY Expiration

1 SPY 570/580 Bull Put Spread – sold at $0.30

Option Iceman 10:50 am on Monday, December 30, 2024

SPY Puts

Sold 1 SPY 01/03/2025 570/580 Bull Put Spread at $0.55 Credit

Closed 1 SPY 12/30/2024 590/570 Bull Put Spread for $0.51.
Sold this on a roll on 12/20/2024 for $6.29 Credit
Made back most of what I lost on the spread I covered when I rolled

geewhiz112 8:46 am on Monday, December 30, 2024
Tags: CoveredCalls ( 2,202 ), SyntheticCoveredCalls ( 228 )

AMZN TSLA Call

#coveredcalls #syntheticcoveredcalls

$AMZN STO 1/3 227.50 call at .50
$TSLA STO 1/3 450 call at 4.20

Option Iceman 8:36 am on Monday, December 30, 2024

VXX Calls

Sold 1 VXX Jan 03 2025 58/48.5 Bear Call Spread at $0.78 Credit

Option Iceman 8:34 am on Monday, December 30, 2024
Tags: everylittlebithelps ( 227 )

Tiny Puts for the new year

Sold 1 VFC Jan 03 2025 19 Put at $0.06
Sold 1 HAL Jan 03 2025 25.5 Put at $0.06
Sold CLF Jan 03 2025 8.5 Puts at $0.06
Sold 1 SOXL Jan 03 2025 23.5 Put at $0.09
Sold 1 BAX Jan 03 2025 28 Put at $0.10
#EveryLittleBitHelps

walter6871 8:27 am on Monday, December 30, 2024
Tags: ADDINGDIVIDENDS

TSLY

#ADDINGDIVIDENDS on down day.
BOT TSLY @14.84

Jeff 7:09 am on Monday, December 30, 2024
Tags: spx0dte ( 421 )

SPX 0-dte trades for 12/30/24

#SPX0dte Sold to Open 5780/5800-5955/5975 condors for 1.30, IV 30.80%, deltas -.07 +.05

Waited for 37 minutes before stepping in… already down over 1.5% so I feel safe(ish) to enter now.

fuzzballl 6:51 am on Monday, December 30, 2024

SPY

Add at the 200 day.

Sold SPY Feb 21 2025 550.0 Put @ 4.05

fuzzballl 6:36 am on Monday, December 30, 2024

BA

Small adds.

Sold BA Jan 17 2025 167.5 Put @ 2.75
Sold BA Jan 17 2025 170.0 Put @ 3.75
Sold BA Jan 17 2025 172.5 Put @ 5.00

Jeff 6:34 am on Monday, December 30, 2024
Tags: VIXIndicator ( 294 )

Upside Warning? Nah.

#VIXIndicator. The drop in futures and at the open has canceled the Upside Warning that never was. I noted on Friday that it was the first time I’d seen a $VIX spike high enough to cancel the UpW on the same say that we closed low enough to fire the UpW. That was our clue that this one was not to be.

Jeff 3:31 pm on Sunday, December 29, 2024

Earnings 12/30 – 1/3

Jeff 3:15 pm on Sunday, December 29, 2024

Econ Calendar 12/30 – 1/3

Jeff 8:40 pm on Friday, December 27, 2024
Tags: VIXIndicator ( 294 )

Upside Warning takes effect

#VIXindicator Today was the first time I remember the intraday $VIX peak exceeding 25% above the 2-dat low, a signal that normally cancels an Upside Warning, followed by the day’s close firing the UpW. But we could be poised for another push higher in the coming days.

geewhiz112 6:36 pm on Friday, December 27, 2024
Tags: Assignment ( 174 ), OptionsExpiration ( 794 )

Expired / Assigned

#optionsexpiration
$AMD 128 call
$META 610 call
$NNE 29.5 call
$NVDA 143 call
$RUM 20 call
$SOUN 25.5 call

#assignment
$RUM 24 put Basis 22.90

walter6871 12:57 pm on Friday, December 27, 2024
Tags: Dividends ( 101 )

MSTY

#dividends
BOT MSTY @29.36

fuzzballl 12:00 pm on Friday, December 27, 2024

SPX

Stole Jeff’s idea just for fun. Interesting.

Bought to Open SPX Dec 27 2024 6000.0 Call @ .50
Sold to Close SPX Dec 27 2024 6000.0 Call @ .85

fuzzballl 9:30 am on Friday, December 27, 2024

NVDA

Taking a shot a couple weeks before earnings and down at the 200 day.

Sold NVDA Jan 31 2025 120.0 Puts @ 2.33

fuzzballl 6:44 am on Friday, December 27, 2024

SPY

Adding.

Sold SPY Feb 07 2025 565.0 Put @ 3.00

And:

Sold SPY Jan 31 2025 565.0 Put @ 3.38

Jeff 6:35 am on Friday, December 27, 2024
Tags: spx0dte ( 421 )

SPX 0-dte trades for 12/27/24

#SPX0dte Sold to Open $SPX Dec 27th 5920/5940-6050/6070 condors for 1.018, IV 20.18%, deltas -.06 +.06

walter6871 1:04 pm on Thursday, December 26, 2024
Tags: Dividends ( 101 )

TSLY YMAG YMAX

#dividends
BOT TSLY @17.04
BOT YMAG @20.13
BOT YMAX @17.798

fuzzballl 11:47 am on Thursday, December 26, 2024

VIX

Adding a little more. Kind of a lottery ticket hedge.

Bought to Open VIX Feb 19 2025 25/35 Bull Call Spreads @ .41 debit

geewhiz112 11:32 am on Thursday, December 26, 2024
Tags: CoveredCalls ( 2,202 ), ShortPuts ( 4,763 )

SOUN Call and Put

#coveredcalls #shortputs
$SOUN STO 12/27 25.50 call at .65
$SOUN STO 12/27 24 put at 1.10

geewhiz112 8:54 am on Thursday, December 26, 2024
Tags: CoveredCalls ( 2,202 ), ShortPuts ( 4,763 )

RUM Call and Put

#shortputs #coveredcalls
$RUM STO 12/27 16 put at .70
$RUM STO 12/27 20 call at .45

geewhiz112 8:31 am on Thursday, December 26, 2024
Tags: ShortPuts ( 4,763 )

PLTR Put

#shortputs
$PLTR STO 1/3/2025 77 put at .96

geewhiz112 7:34 am on Thursday, December 26, 2024
Tags: ShortPuts ( 4,763 )

NVDA Put

#shortputs
$NVDA STO 1/3/2025 138 out at 2.50

Jeff 6:38 am on Thursday, December 26, 2024
Tags: spx0dte ( 421 )

SPX 0-dte trades for 12/26/24

#SPX0dte Sold to Open $SPX Dec 26th 5945/5965-6080/6100 condors for .95, IV 20.12%, deltas -.07 +.06

geewhiz112 9:40 am on Tuesday, December 24, 2024

Merry Christmas / Happy Hanukkah

Thanks to everyone for sharing great ideas during the year.

Health Happiness and Prosperity to @jeffcp66 and all the Bistroites

fuzzballl 9:27 am on Tuesday, December 24, 2024

TLT

Had a great year in this. Dipping a toe in for maybe a gradual re-load.

Sold TLT Jan 17 2025 87.5 Put @ 1.20
Sold TLT Jan 17 2025 88.0 Put @ 1.42

walter6871 9:19 am on Tuesday, December 24, 2024
Tags: CoveredCalls ( 2,202 ), everylittlebithelps ( 227 ), really, TRULY

SPCE

#coveredcalls
#really! #TRULY #everylittlebithelps
STO SPCE 27 DEC 2024 7 CALL @.01

jsd501 8:41 am on Tuesday, December 24, 2024

TQQQ

BTC December 27, $91 puts at 3.30 so made 5 cents before brokerage. I am now 100 % in cash again and waiting for the new year.

Jeff 6:44 am on Tuesday, December 24, 2024
Tags: VIXIndicator ( 294 )

Santa may kill Downside Warning

#VIXindicator Provided we don’t get a surprise $VIX spike today, the close will kill the Downside Warning under 16.05.

Jeff 6:32 am on Tuesday, December 24, 2024
Tags: RiskReversal ( 86 ), spx0dte ( 421 )

SPX 0-dte trades for 12/24/24

#SPX0dte Sold to Open $SPX Dec 24th 5915/5935-6020/6040 condors for .95, IV 15.78%, deltas -.08 +.05

#riskreversal

geewhiz112 2:56 pm on Monday, December 23, 2024
Tags: CoveredCalls ( 2,202 ), SyntheticCoveredCalls ( 228 )

META NNE NVDA Call

#coveredcalls #syntheticcoveredcalls

$META STO 12/27 610 call at 3.20
$NNE STO 12/27 29.5 call at .70
$NVDA STO 12/27 143 call at .65

fuzzballl 11:31 am on Monday, December 23, 2024

BA

Just to stay involved. Selling a week or two before earnings.

Sold BA Jan 17 2025 167.5 Puts @ 2.47

geewhiz112 9:41 am on Monday, December 23, 2024
Tags: CoveredCalls ( 2,202 )

AMD Call

#coveredcalls
$AMD STO 12/27 128 call at .95

fuzzballl 9:22 am on Monday, December 23, 2024

VXX

Sold puts against synthetic short stock. Got caught in the volatility collapse around the election. Instead of chasing these down all year I’m rolling them out to the synthetic short expiration. Capping my gains but should be able to close earlier at some point for good gains. Below 35 at expiration makes max profit.

Rolled VXX Feb 21 2025 47.0 Puts to Jan 16 2026 35.0 Puts @ 1.50 credit (2.30 total now)

Synthetic position is Jan 2026 55/55/85 @ 10.00 basis

Got into most of these at 16 or 17 dollar debits each. Gradually added while reducing basis selling the weekly puts. Got that down around the 10 area so not bad. Max profit about 10 dollars. If I can get 5 or 6 and close early that will be the goal.

Jeff 6:14 am on Monday, December 23, 2024
Tags: spx0dte ( 421 )

SPX 0-dte trades for 12/23/24

#SPX0dte BOUGHT to open $SPX Dec 23rd 5825/5845-5990/6010 condors for 1.20, IV 25.92%, delta -.05 +.06

After getting whipped around last Thursday and Friday I’m trying some long strategies this week. Although I got out of both with small losses, my short puts on Wednesday finished fully ITM, and my short calls Friday went fully ITM intraday before retracing and finishing ATM. I also remember a Christmas Eve a few years back that had a massive drop, even though only a half day. With Downside Warning in effect and $VIX elevated, I was playing my normal strategies too loosely last week.

Jeff 4:15 pm on Sunday, December 22, 2024

Earnings 12/23 – 12/27

Jeff 4:13 pm on Sunday, December 22, 2024

Econ Calendar 12/23 – 12/27

geewhiz112 1:03 pm on Friday, December 20, 2024
Tags: CoveredCalls ( 2,202 )

Expired

#coveredcalls
$AMD 121 calls
$AMZN 242.50 calls
$GOOGL 207.5 calls
$META 645 calls

fuzzballl 12:03 pm on Friday, December 20, 2024

SPX

Rolling out and down on the bounce.

Rolled SPX Dec 27 2024 6060.0 Puts to Jan 17 2025 6030.0 Puts @ 10.50 credit (37.00 total now)
Rolled SPX Dec 27 2024 6065.0 Put to Jan 17 2025 6030.0 Put @ 6.00 credit (34.00 total now)

walter6871 10:21 am on Friday, December 20, 2024
Tags: CoveredCalls ( 2,202 ), Dividends ( 101 ), everylittlebithelps ( 227 ), expirestoday ( 3 )

SOXL YMAX YMAG ZVOL

#coveredcalls
SOLD SOXL 20 DEC 2024 30 CALL @.03
#everylittlebithelps
#expirestoday
#dividends
BOT YMAX @17.47
BOT YMAG @19.28
BOT ZVOL @17.26

geewhiz112 9:54 am on Friday, December 20, 2024
Tags: spy ( 18 )

The Cat Bounced

#SPY calls

During Wednesday’s yikes moment with ten minutes until close
$SPY BTO 12/20 590 calls at 3.28
Today
$SPY STC 12/20 590 calls at 5.16

Ramie 8:27 am on Friday, December 20, 2024

UVXY call spread

Sold to open $UVXY Jan 17 25/35 bear call spreads @ 1.35-1.40

Jeff 6:01 am on Friday, December 20, 2024
Tags: spx0dte ( 421 )

SPX 0-dte trades for 12/20/24

#SPX0dte Sold to Open $SPX Dec 20th 5725/5745-5930/5950 condors for 1.25, IV 35.48%, deltas -.06 +.06

Government shutdown deadline in the news today, as well as more data at 10am ET. This condor is nice and wide but I will still watch it closely. Expected move (my stops) is currently 48.30.

walter6871 12:38 pm on Thursday, December 19, 2024
Tags: Dividends ( 101 ), ShortPuts ( 4,763 )

SOXL TSLY

#shortputs
tIP SOLD SOXL 20 DEC 2024 23.5 PUT @.10
#dividends
BOT TSLY @16.98

Jeff 7:23 am on Thursday, December 19, 2024
Tags: spx0dte ( 421 )

SPX 0-dte trades for 12/19/24

#SPX0dte Sold to Open $SPX Dec 19th 5795/5815-5985/6005 condors for .95, IV 34.84% deltas -.07 +.05

The drop from morning highs indicated it may not be a highly directional day.

Option Iceman 1:02 pm on Wednesday, December 18, 2024

SPY collapse

Rolled 1 SPY 12/19/2024 583 Put to 1 SPY 12/20/2024 575 Put at $0.28 Credit

walter6871 1:01 pm on Wednesday, December 18, 2024
Tags: Dividends ( 101 ), ShortPuts ( 4,763 )

YMAG YMAX SOXL

#dividends
BOT YMAG @19.67
BOT YMAX @17.525
#shortputs
SOLD SOXL 20 DEC 2024 25 PUT @.34

Jeff 1:01 pm on Wednesday, December 18, 2024
Tags: VIXIndicator ( 294 )

Downside Warning in effect

#VIXindicator As if that wasn’t obvious. Been awhile since I’ve seen an intraday move that sharp.

fuzzballl 12:50 pm on Wednesday, December 18, 2024

SPX

15 bagger in four hours. Thanks Whiz!!

Feb monthly:

Bought to Close 6300/6310 Bear Call Spreads
Sold to Close 5800/5775 Bear Put Spreads

Net credit of 5.00 (bought for .30 debit)

Option Iceman 12:30 pm on Wednesday, December 18, 2024
Tags: FallingKnife ( 964 )

ARE BAX BIIB COP HAL MPC PSX stocks

Started a tiny new position in ARE at $100.00
Started a tiny new position in BIIB at $148.00
Started a tiny new position in COP at $96.00
Added a tiny bit of BAX at $29.00
Added a tiny bit of HAL at $27.00
Added a tiny bit of MPC at $135.00
Added a tiny bit of PSX at $113.00
#FallingKnife

fuzzballl 12:19 pm on Wednesday, December 18, 2024

SPX

Just going out a week now and see how things go.

Rolled SPX Dec 17 2024 6070.0 Put to Dec 27 2024 6065.0 Put @ even (28.00 total now)
Rolled SPX Dec 17 2024 6065.0 Puts to Dec 27 2024 6060.0 Puts @ 1.00 credit (26.50 total now)

Jeff 12:07 pm on Wednesday, December 18, 2024
Tags: VIXIndicator ( 294 )

Upside Warning canceled

#VIXindicator This UpW started AFTER the election week bump, so its first days were actually the next week’s pullback. But we then got the run from 5853 to all time high 3 cents short of 6100 on Dec 6th. Since then its been a choppy ride until today’s collapse. Downside Warning triggered if we close above 18.36 on $VIX.

Jeff 11:48 am on Wednesday, December 18, 2024

DOW doubling downer

Today looks to be 10th straight down day. Worst since September 1974 when it went down 11 straight days.

jsd501 11:30 am on Wednesday, December 18, 2024

TQQQ,

STO Dece. 27, $91 puts at 3.30

Option Iceman 11:24 am on Wednesday, December 18, 2024
Tags: OptionLadder ( 132 )

Post Fed Trades

Sold 1 SPY 12/30/2024 570/580 Bull Put Spread at $0.30 Credit
Sold 1 SPY 12/27/2024 574/584 Bull Put Spread at $0.36 Credit
Sold 1 SPY 12/20/2024 585/590 Bull Put Spread at $0.26 Credit
Sold 1 SPY 12/19/2024 583/592 Bull Put Spread at $0.16 Credit
#OptionLadder

Sold 1 DIA 12/20/2024 420/425 Bull Put Spread at $0.31 Credit

Sold VXX 12/20/2024 53/49 Bear Call Spreads at $0.19 Credit
Sold 1 VXX 12/27/2024 55/49 Bear Call Spread at $0.33 Credit

Rolled VXX 12/20/2024 44.0 Puts to VXX 12/27/2024 43.0 Puts at $0.06 Credit

fuzzballl 11:21 am on Wednesday, December 18, 2024

SPY

Adding. Editing as more get filled.

Sold SPY Jan 17 2025 590.0 Put @ 4.00 (50 day)
Sold SPY Jan 24 2025 580.0 Put @ 3.25 (just above 100 day)
Sold SPY Jan 31 2025 575.0 Put @ 3.50 (100 day)
Sold SPY Feb 21 2025 550.0 Put @ 3.03 (200 day)
Sold SPY Feb 21 2025 540.0 Put @ 3.10 (just below 200 day)
Sold SPY Feb 21 2025 530.0 Put @ 3.00 (below 200 day)
Sold SPY Feb 21 2025 520.0 Put @ 3.10 (below 200 day)

fuzzballl 10:05 am on Wednesday, December 18, 2024

VIX

Throwing another hedge out there since they’re cheap.

Bought to Open VIX Feb 19 2025 20/30 Bull Call Spreads @ .85 debit

fuzzballl 9:04 am on Wednesday, December 18, 2024

SPX

Whiz trade for possible Feb sh*t show.

Feb monthly expiration

Sold 6300/6310 Bear Call Spreads
Bought 5800/5775 Bear Put Spreads

Net debit of .30

Option Iceman 8:25 am on Wednesday, December 18, 2024

DJIA Index

A lot of talk abought the Dow’s 9 day losing streak. Here is why, under the covers:

Jeff 6:34 am on Wednesday, December 18, 2024
Tags: spx0dte ( 421 )

SPX 0-dte trades for 12/18/24

#SPX0dte Sold to Open $SPX Dec 18th 5960/5980-6110/6130 condors for 1.35, IV 25.65%, deltas -.07 +.05

I liked the width and premium enough to sell this even though I’m not certain there will be a lot of decay before the FOMC press conference. Based on last time, there won’t be a huge reaction given everyone knows this will be another .25% cut.

fuzzballl 9:10 am on Tuesday, December 17, 2024

SPX

Splitting these up. Staying more aggressive with the one that has higher LEAPS.

Rolled SPX Dec 17 2024 6070.0 Put to Dec 18 2024 6070.0 Put @ 9.00 credit (28.00 total now)
Rolled SPX Dec 17 2024 6070.0 Puts to Dec 18 2024 6065.0 Puts @ 6.00 credit (25.50 total now)