Lots of data this week including Fed decision on Wednesday.
Monthly Archives: January 2025
SPX SPY QQQ XLE USO…
SPX SPY QQQ XLE USO TSLA MSTR META DIA COIN AAPL
#onlyspreads
#2%
SOLD SPX 100 31 JAN 2025 5920/5915 PUT @.20
SOLD SPY 31 JAN 2025 588/584 PUT @.11
SOLD QQQ 31 JAN 2025 505/503 PUT @.05
#optionsexpiration
#shortputs
XLE
USO
TSLA
SPY
SPX
QQQ
MSTR
META
DIA
COIN
AAPL
OptionsExpiration
After last week’s scramble to roll out my BOIL positions, this week was relatively calm.
Still rolling down VXX Puts and waiting for a market pullback to boost volatility again.
BOIL 53/58 Bull Put Spread
BOIL 53/58.5 Bull Put Spread
BOIL 53/59 Bull Put Spread
BOIL 55/60 Bull Put Spread
BOIL 75/67 Bear Call Spread
BOIL 77/68 Bear Call Spread
BOIL 78/69 Bear Call Spread
BOIL 79/72 Bear Call Spread
CVS 40/49.5 Bull Put Spread
CVS 57/55 Bear Call Spread
VXX 31/41.5 Bull Put Spreads
VXX 39/41.5 Bull Put Spreads
VXX 39.5/41 Bull Put Spreads
VXX 55/45 Bear Call Spreads
VXX 50/46 Bear Call Spreads
#OnlySpreads
CLF 11.0 Covered Calls
CLF 11.5 Covered Calls
NUGT 46.0 Covered Call
SOXL 38.0 Covered Calls
SPCE 6.0 Covered Call
WBA 13.5 Covered Calls
#CoveredCalls
EA 105.0 Put
FCX 36.5 Put
FCX 35.5 Put
KEY 17.0 Put
PFE 25.5 Put
#TinyPuts
INTC
Sold 1 INTC 01/31/2025 18.5 Put at $0.17
Sold 1 INTC 01/31/2025 17.5 Put at $0.07
#TinyPuts
BOIL Calls
Rolled 1 BOIL 01/24/2025 85/65 Bear Call Spread to 1 BOIL 01/31/2025 81/71 Bear Call Spread at $0.66 Credit
Lowered the spread requirement and raised the short call by 6 points
TQQQ,
STO February 7, $75 puts at .66 at the 150 day MA.
VXX Puts
Rolled 1 VXX 01/24/2025 39/42 Bull Put Spread to 1 VXX 01/31/2025 39/41 Bull Put Spread at $0.14 Credit.
Lowered the short put strike by a point while still generating CASH
SPX
Rolling partial.
Rolled SPX Jan 31 2025 6035.0 Puts to Jan 31 2025 6055.0 Puts @ 4.00 credit (47.75 total now)
Rolled SPX Jan 31 2025 6035.0 Put to Jan 31 2025 6060.0 Put @ 5.10 credit (45.70 total now)
Looks like people buying the…
Looks like people buying the market now, close to all time highs are not the smart money. Not saying short the market but hopefully we get some sort of a pull back.
Also not to get political but we have a lot of conflicting data at the moment.
You think inflation has been high since Covid watch what happens if the tariffs go through. Also if ICE starts deportations we are not going to have any workers left.
My hope is for grid lock, that’s what the market likes best.
Hope everyone is doing well trading in the New Year!
TSLA COIN AAPL SPCE META SOXL
#creditspread
#2%
#everylittlebithelps
SOLD VERTICAL TSLA 31 JAN 2025 350/347.5 PUT @.14
SOLD VERTICAL COIN 1 31 JAN 2025 265/262.5 PUT @.18
SOLD VERTICAL AAPL 31 JAN 2025 205/202.5 PUT @.12
SOLD VERTICAL META 31 JAN 2025 555/552.5 PUT @.15
#rolling
#kickthecan
SOLD CALENDAR SPCE 31 JAN 2025/24 JAN 25 6.5 PUT @.02
SOLD CALENDAR SPCE 31 JAN 2025/24 JAN 25 6 PUT @.09
#dividends
#parkingcash
BOT BIL @91.69
#shortputs
SOLD SOXL 31 JAN 2025 28.5 PUT @.17
VXX Calls
Sold 1 VXX Jan 31 2025 54/46.5 Bear Call Spread at $0.24 Credit
TLT
Moving from Mar to Feb and adding.
Bought to Close TLT Mar 21 2025 85.0 Puts @ 1.25 (sold for 2.17)
Bought to Close TLT Mar 21 2025 87.0 Put @ 2.11 (sold for 2.10)
Sold TLT Feb 21 2025 85.0 Puts @ .60
Sold TLT Feb 21 2025 85.5 Puts @ .82
Sold TLT Feb 21 2025 86.0 Puts @ 1.00
Sold TLT Feb 21 2025 86.5 Puts @ 1.24
Sold TLT Feb 21 2025 87.0 Puts @ 1.48
Sold TLT Feb 21 2025 87.5 Put @ 1.79
Sold TLT Feb 21 2025 88.0 Put @ 2.12
SPX 0-dte trades for 1/24/25
#SPX0dte On the bell, sold to Open $SPX Jan 24th 6040/6060-6155/6175 condors for 1.05, IV 17.46%, deltas -.07 +.07
NOT a good fill on this. I put the order in before the open and got no fill until the bell, when I could have gotten at least 20 cents more. I waited for the open every day this week and always ended up chasing up for premium… this time I could have gotten a heartier fill.
SPX
$SPX closing above 6100 for first time ever, squeezing the bears again, 7 of last 8 days higher now 😂
$SPX bears are crying ……
VXX Puts
Rolled Jan 24 2025 24/45 Bull Put Spreads to VXX Jan 31 38/44.5 Bull Put Spread at $0.03 Credit
Rolled Jan 24 2025 23/46 Bull Put Spreads to VXX Jan 31 38/45.5 Bull Put Spread at $0.04 Credit
Lowered the spread requirements and lowered the short put strikes by $0.50
SPX
Sold these last week and they’re getting demolished. But…they’ve enticed Mr. Market to come up to my SPX puts that were sold against the LEAPS which is where my big premium is sitting.
Sold SPX Jan 31 2025 5995/6000 Bear Call Spreads @ 1.25
So:
Sold SPX Jan 31 2025 6000/5995 Bull Put Spreads @ .75
6 contracts so max loss is $1800 locked in even if we tank. Agressive SPY puts sold reduce this to 800. Roll up of SPX put sales against LEAPS brings in waaaay more so all good. See where we end up next Friday to manage all this.
Hindsight:
Had I known about the impending rally I would have just sat on my hands. LOL
TLT
Wanting to add lower but just not getting weak enough. See if I can get Mr. Market to come on down!
Sold TLT Mar 21 2025 87.0 Put @ 2.10
SPX
Sold against the LEAPS position.
Rolled SPX Jan 31 2025 6025.0 Puts to Jan 31 2025 6035.0 Puts @ 2.25 credit (43.75 total now)
Rolled SPX Jan 31 2025 6025.0 Put to Jan 31 2025 6035.0 Puts @ 2.25 credit (40.60 total now)
EA FCX WBA
Sold 1 EA Jan 24 2025 105 Put at $0.10
Sold 1 FCX Jan 24 2025 35.5 Put at $0.11
#TinyPuts
Sold WBA Jan 24 2025 13.5 Covered Calls at $0.01
#EveryLittleBit Helps
HSY Stock
Added a tiny bit of HSY at $150.00
#SP500 #FallingKnife
SPX 0-dte trades for 1/23/25
#SPX0dte Sold to Open $SPX Jan 23rd 6010/6030-6115/6135 condors for 1.145, IV 16.99%, deltas -.08 +.06
TQQQ,
STO January 31, $80 puts at .65
TQQQ,
STO January 31, $76 puts at .29, I missed this rally.
BA Put Close
#shortputs
$BA BTC 1/24 170 put at .20. Thanks for the idea @fuzzballl Rolled this once and took in 5.40.
SPX
See if we get a little pullback over the next 30 days.
Bought to Open SPX Feb 21 2025 5975.0/5950.0 Bear Put Spread @ 4.60
SPX
Sold against the LEAPS position.
Rolled SPX Jan 31 2025 6010.0 Puts to Jan 31 2025 6025.0 Puts @ 3.00 credit (41.50 total now)
Rolled SPX Jan 31 2025 6010.0 Put to Jan 31 2025 6025.0 Puts @ 2.95 credit (38.35 total now)
SPX 0-dte trades for 1/22/25
#SPX0dte Sold to Open $SPX Jan 22nd 6005/6025-6115/6135 condors for .95, IV 17.08%, deltas -.06 +.06
What a difference a day makes… massive drop in volatility and premium in the options after weeks of 120-200 point wide 6-delta condors for 1.20-1.50. Today we dropped back to sub 100 pt spread and sub 1.00. Upside Warning likely coming, but as usual it’s lagging.
MSTR YMAX GOF RYLD YMAG QYLD TSLY BIL
#2to100percentgoal
#everylittlebithelps
SOLD VERTICAL MSTR 24 JAN 2025 260/257.5 PUT @.07
#dividends
BOT YMAX @16.86
BOT GOF @15.32
BOT RYLD @16.545
BOT YMAG @18.74
BOT QYLD @18.39
BOT TSLY @14.48
#parkingcash
BOT BIL @91.63
SPX 0-dte trades for 1/21/25
#SPX0-dte Sold to Open $SPX Jan 21st 5930/5950-6080/6100 condors for 0.977, IV 23.13%, deltas -.05 +.06
Earnings 1/20 -1/24
Econ Calendar 1/20 – 1/24
QQQ
Rolled QQQ 1/21/25 530 short Calls to 1/22/25 538 @ .20 Credit
SPY
Hedge against the hedge against the hedge that’s sold against my hedge. (I think)
Jan 31 expiration:
Short SPX 6010 puts against LEAPS.
SPX Bear call spreads @ 5995/6000
And now to cap the rally:
Sold SPY Jan 31 2025 595.0 Put @ 4.35
Sold SPY Jan 31 2025 600.0 Put @ 6.25
What would I like to see? Down a little without a crash. Maybe SPX 5990 at expiration. If needed I can still sell SPX put spreads aganst the call spreads. The real money is in the SPX 6010 puts though.
SPY
In and out for the second time in Jan. Taking 60 to 70 percent of max a month or two early.
Bought to Close SPY Feb 21 2025 550.0 Put @ 1.14 (sold for 3.00)
Bought to Close SPY Feb 21 2025 560.0 Put @ 1.61 (sold for 3.35)
Bought to Close SPY Mar 21 2025 510.0 Put @ 1.29 (sold for 3.00)
Bought to Close SPY Mar 21 2025 520.0 Put @ 1.57 (sold for 3.15)
Bought to Close SPY Mar 21 2025 530.0 Put @ 1.88 (sold for 4.00)
Bought to Close SPY Mar 21 2025 540.0 Put @ 2.36 (sold for 5.00)
NVDA
A move like we’ve had this week gotta take some profits. I’ll wait for earnings to maybe re-enter.
Bought to Close NVDA Feb 14 2025 120.0 Put @ .82 (sold for 2.15)
Bought to Close NVDA Feb 14 2025 125.0 Put @ 1.46 (Sold for 2.12)
Bought to Close NVDA Mar 21 2025 110.0 Put @ 1.76 (sold for 2.44)
amzy APLY TSLY MSTY SPCE
#raisingcash
SOLD AMZY @18.85
SOLD APLY @16.45
#dividends
BOT TSLY @14.50903
BOT MSTY @29.63
#rolling
SOLD CALENDAR SPCE 24 JAN 2025/17 JAN 25 6.5 PUT @.11
SOLD CALENDAR SPCE 24 JAN 2025/17 JAN 25 6 PUT @.04
Close BA Put
#shortputs
$BA BTC 1/17 167.50 put at .05. STO at 3.25. Thank you @fuzzballl for the idea
SPX 0-dte trades for 1/17/25
#SPX0dte Sold to Open $SPX Jan 17th 5895/5915-6040/6060 condors for 1.05, IV 23.41, deltas -.06 +.05
TQQQ
BTC the Jan. 31, $70 puts at .54 that I sold yesterday at .82, I will wait until I see what the new Admin is going to do.
DSXpB MSTY
Sold my last preferred stock/had bunches at one time and slowly were called or stopped paying etc /this one had pumped out 8.8%yearly return for 15 years.
Replaced with MSTY.
SOLD DSXpB @26.11
—
#dividends
BOT MSTY @27.77
QQQ
Rolled QQQ 1/17/25 523 short Calls to 1/21/25 530 @ .46 Credit
TQQQ,
STO January 31, $70 puts at .82
XLE MSTR META USO DIA SPX
#shortputs
#LOOKING FOR2%
#everylittlebithelps
SOLD VERTICAL XLE 24 JAN 2025 88/87 PUT @.03
SOLD VERTICAL MSTR 24 JAN 2025 242.5/240 PUT @.06
SOLD VERTICAL META 24 JAN 2025 555/550 PUT @.11
SOLD VERTICAL USO 24 JAN 2025 77.5/76.5 PUT @.07
SOLD VERTICAL DIA 24 JAN 2025 416/415 PUT @.03
SOLD VERTICAL SPX 24 JAN 2025 5740/5735 PUT @.20
SPX 0-dte trades for 1/16/25
#SPX0dte Sold to Open $SPX Jan 16th 5860/5880-6015/6035 condors for 1.35, deltas -.05 +.07, at the beel when order was filled. IV around 25%…. TOS option chain was showing incorrect IV/EM data, but just corrected a couple minutes after the open.
Jobs and Sales
US INITIAL JOBLESS CLAIMS ACTUAL 217K (FORECAST 210K, PREVIOUS 201K)
US RETAIL SALES MOM ACTUAL 0.4% (FORECAST 0.6%, PREVIOUS 0.7%)
SPY Expiration
SPY Jan 15 2025 565/570 Bull Put Spread
SPY Jan 15 2025 564/569 Bull Put Spread
SPY Jan 15 2025 563/568 Bull Put Spread
All sold yesterday
SPX
Unless SPX breaks above 6000, I will continue to target the other side of the range.
TQQQ Put Close
$TQQQ BTC 1/17/2025 70 put at .o5 Thanks @jsd501 for the idea
SOXL
#coveredcalls
SOLD SOXL 17 JAN 2025 33.5 CALL @.06
VFC BOIL MPC Stocks
Sold a tiny bit of VFC at $23.49
Sold a tiny bit of BOIL at $70.15
Sold a tiny bit of MPC at $151.14
GOOGL META NVDA Calls
$GOOGL STO 1/17 197.5 call at .40
$META STO 1/17 627.5 call at 3.42
$NVDA STO 1/17 137 call at .90
$NVDA STO 1/17 138 call at .90
QQQ
STO 1/17/25 523 calls @ .44 credit
(previous QQQ Short calls expired worthless)
SPX 0-dte trades for 1/15/25
#SPX0dte Sold to Open $SPX Jan 16th 5815/5835-5985/6005 condors for 1.25, IV 30.45%, deltas -.05 +.06
Core CPI 3.2% in December, less than expected
The consumer price index increased 0.4% on the month, putting the 12-month inflation rate at 2.9%, the Bureau of Labor Statistics reported Wednesday. Economists surveyed by Dow Jones had been looking for respective readings of 0.3% and 2.9%.
However, excluding food and energy, the core CPI annual rate was 3.2%, a notch down from the month before and slightly better than the 3.3% forecast. The core measure rose 0.2% on a monthly basis, also 0.1 percentage point less than expected.
https://www.cnbc.com/2025/01/15/cpi-inflation-december-2024-.html
SPX Butterfly
Lottery ticket centered on the upper edge of the expected move.
Bought Jan 17 SPX 5930/5945/5960 Call Butterfly @ .65
EDIT:
Added 5715/5700/5685 Put Butterfly @ .40 Lower edge of expected move.
@fuzzballl Any trades on XBI?…
@fuzzballl
Any trades on XBI?
It is below $87
SPY Spread
Initial SPY position – starting a new #SPYLadder
Sold 1 SPY Jan 15 2025 565/570 Bull Put Spread at $0.14 Credit
#EveryLittleBitHelps
HSY TLT Stocks
Added a tiny bit of HSY at $156.00
#SP500 #FallingKnife
Started a tiny position in TLT at $85.00
Thanks @fuzzballl for the idea
Tiny Put
Sold 1 SLB 01/17/2025 36.5 Put at $0.09
#EveryLittleBitHelps
SPX
Weird. Feels like it’s already been a fairly wild week but the white line is where we closed last Friday.
SPX
Hedge against the hedge that’s sold against my hedge. (I think)
Sold SPX Jan 31 2025 5995/6000 Bear Call Spreads @ 1.20
VXX Calls and Puts
Sold 1 VXX 01/17/2025 65/54 Bear Call Spread at $0.29 Credit
Sold 1 VXX 01/17/2025 65/55 Bear Call Spread at $0.26 Credit
Sold 1 VXX 01/17/2025 62/54 Bear Call Spread at $0.24 Credit
Sold 1 VXX 01/17/2025 61/56 Bear Call Spread at $0.18 Credit
Sold 1 VXX 01/17/2025 45.5 Put at $0.43
Sold 1 VXX 01/17/2025 45.0 Put at $0.35
Sold 1 VXX 01/17/2025 44.5 Put at $0.34
Sold 1 VXX 01/17/2025 44.0 Put at $0.15
SPX 0-dte trades for 1/14/25
#SPX0dte Sold To Open $SPX Jan 14th 5755/5775-5925/5945 condors for 1.40, IV 30.87%, deltas -.07 +.05
TLT
Here we go. Approaching Oct 2023 lows and lifetime lows on this thing going all the way back to 2004. Divvy is higher than a money market account now. Getting long with defined risk.
Sold a starter position:
Sold TLT Mar 21 2025 85.0 Puts @ 2.17
Bought twice my max projected long size:
Bought to Open TLT Jan 16 2026 55.0 Puts @ .10
So if we default on the debt and TLT goes to zero I’ll actually make a lot more. LOL
BIL NFLX YMAX CONY YMAG GOF SPCE
#parkingcash
BOT BIL @91.55
——–
#2%return
SOLD VERTICAL NFLX 17 JAN 2025 780/775 PUT @.15
—-
#dividends
#smallbuy
BOT YMAX @16.096
BOT CONY @12.00
BOT YMAG @18.31
BOT GOF @15.21
#shortputs
SOLD SPCE 100 17 JAN 25 6 PUT @.48
CLF
Sold CLF 01/17/2025 10.5 Covered Calls at $0.11 and $0.12
Sold CLF 02/07/2025 12.5 Covered Calls at $0.12
Tiny Puts
Sold 1 SPCE 01/17/2025 5.0 Put at $0.09
Sold 1 SOXL 01/17/2025 20.0 Put at $0.10
Sold 1 CPB 01/17/2025 36.0 Put at $0.15
Sold 1 PPG 01/17/2025 108.0 Put at $0.15
SPX 0-dte trades for 1/13/25
#SPX0dte Sold to open $SPX Jan 13th 5670/5690-5860/5880 condors for 1.25, IV 32.79%, deltas -.06 +.05
Earnings 1/13 – 1/17
Banks kick off earnings season
Econ Calendar 1/13 – 1/17
CPI report on Wednesday
SOXL
#shortputs
SOLD SOXL 17 JAN 2025 23.5 PUT @.26
UVXY Feb call spread
Sold to open $UVXY Feb 21 25/35 bear call spreads @ 1.13-1.18
BIL GOF
#parkingcash
#dividends
#smallbuy
BOT BIL @91.54
BOT GOF @15.30
AMZY SVOL
#dividends
#smallbuy
BOT AMZY @18.81
BOT SVOL @20.49
SPX
Cashing in the hedge. Still long a bunch of VIX for Feb.
Bought to Close Feb monthly 6175/6185 Bear Call Spread
Sold to Close Feb monthly 5600/5550 Bear Put Spread
Net credit of 7.25 (bought for 4.25)
Options Bistro 