#shortputs
SOLD SOXL 20 DEC 24 25 PUT @.06
tIP SOLD SPCE 20 DEC 24 6 PUT @.13
SOLD SPCE 20 DEC 24 5.5 PUT @.04
#coveredcalls
tIP SOLD SPCE 20 DEC 24 7 CALL @.06
#everylittlebithelps
Daily Archives: Monday, December 16, 2024
ADBE
Couldn’t resist. Selling at the expected move and near recent lows.
Sold ADBE Jan 17 2025 435.0 Put @ 4.20
AMZN Call
#syntheticcoveredcalls
$AMZN STO 12/20 242.50 call at .45
QQQ
Rolled short calls again; now out to 12/31/24 and up to $546 for $.15 credit
SPX
With VIX down here this is about all you can hope for in a one day roll. Wed gets a little better with JP coming out to say hello.
Rolled SPX Dec 16 2024 6070.0 Puts to Dec 17 2024 6070.0 Puts @ 6.00 credit (19.50 total now)
DVN MPC Stocks
Added a tiny bit of DVN at $32.78
Started a tiny position in MPC at $140.00
#FallingKnife
SNOW XLU
Quick summary.
Out of SNOW synthetic long and XLU synthetic short. Losses on both took about 30 percent of my BA gains but really simplifies everything. End of year house cleaning with ultimate goal of nothing but SPX, SPY, and VXX positions.
BA
Happily out after riding it all the way down and being aggressive on the way up.
Closed BA Dec 18 2026 175/175/100 Synthetic Stock @ 18.00 credit (basis 6.15 debit)
Bought to Close BA Jan 24 2025 165.0 Calls @ 14.20 (sold for 2.35)
Gain on synthetic and loss on call sales is a wash.
Money made here:
Bought to Close BA Dec 20 2024 160.0 Puts @ .17 (sold for 8.65)
Bought to Close BA Dec 20 2024 160.0 Puts @ .17 (sold for 10.80)
QQQ
Rolled 12/23/24 $543 short calls to 12/27 $544 for $.49 credit
CLF DVN NUE
#TinyPuts
Sold 1 CLF 12/20/2024 9.5 Put at $0.07
Sold 1 DVN 12/20/2024 31.5 Put at $0.07
Sold 1 NUE 12/20/2024 117.0 Put at $0.20
#EveryLittleBitHelps
WBA SOXL TOL Calls
Sold WBA 12/20/2024 12.0 Covered Calls at $0.04
Sold 1 SOXL 12/27/2024 40.0 Covered Call at $0.13
#EveryLittleBitHelps
Sold TOL 12/20/2024 155/145 Bear Call Spreads at $0.25
COP CVS LEG PSX Stocks
Started a tiny bit in COP at $100.00
Added a tiny bit of CVS at $48.00
Added a tiny bit of LEG at $10.95
Started a tiny position in PSX at $118.00
#FallingKnife
META GOOGL Call
#coveredcalls
$META STO 12/20 645 call at 1.75
$GOOGL STO 12/20 207.50 call at .50
QQQ
Rolled 12/18/24 $540 short calls to out Monday 12/23 and up to $543 for .28 credit
Aggressively rolling the short side of the LEAPS covered call position as I will be out of town Thur and Friday and unable to attend to the market. The long LEAPS are the core money maker in this position (as long as the market continues to rise). Theta credits are secondary.
SPX 0-dte trades for 12/16/24
#SPX0dte Sold to Open $SPX Dec 16th 6000/6020-6090/6110 condors for 1.05, IV 12.00%, deltas -.05 +.09
Filled at the open… pre market deltas lied to me… this was -.06 +.07 at 6 minutes before the open. Bumped up to 1.20 after my fill but then fell back to .80. These narrow ones are pretty sensitive. Upside stop is close, at 6073
Options Bistro 