Just got off phone with them… they stopped allowing opening new positions for options expiring on 8th and 9th. It was a result of the confusion they had in having to move all Jan 9th options to expire on the 8th, given that the 9th will be closed. They closed trading earlier, around 11 or 12 ET. No advance warning. Pretty lame.
So I’m done for today, I guess.
Adding another little Feb hedge. Will continue selling SPY puts on drops. If they take some heat the hedges should pay. This position is geared towards a drop to the 200 day.
Sold Feb monthly 6175/6185 Bear Call Spread
Bought Feb monthly 5600/5550 Bear Put Spread
Net debit of 4.25
Weekly candle and expected moves. Almost touched both sides in 3 days. Don’t think I’ve ever closed SPY puts and re-sold SPY puts in such a short time. 🙂 🙂
Tried doing the single candle screenshot but picture was waaaaay too big and blurry.
Adding at or below the expected move and below all the moving averages and approaching the Aug lows.
Sold SPY Mar 21 2025 530.0 Put @ 4.00
Sold SPY Mar 21 2025 540.0 Put @ 5.00
BTC January 17, $75 puts at 1.39 and $70 puts at .59 for my first loss in 2025. I don’t like what the news from D.C.
Hanging on by a thread at the 200 day. Taking these off for beer money.
Bought to Close BA Jan 17 2025 165.0 Put @ 1.58 (sold for 2.30)
Bought to Close BA Jan 17 2025 167.5 Puts @ 2.30 (sold for 2.47)
Bought to Close BA Jan 17 2025 167.5 Put @ 2.35 (sold for 2.75)
#SPX0dte Sold to open $SPX Jan 8th 5790/5810-5980/6000 condors for 1.45, delta 31.80%, deltas -.07 +.06
Options Bistro 