About to break above both the 20 and 50 day MA and it’s downtrend line. The move in INTC is helping.
Worth watching
Daily Archives: Tuesday, February 18, 2025
BA BABA NVDA Calls
#coveredcalls #syntheticcoveredcalls
$BA STO 2/21 192.5 at .40
$BABA BTC 2/21 125 call and STO 2/28 127 calls at added credit of .10 and $2 more if called away. Taken in 5.98 so far
$NVDA BTC 2/21 138 call and STO 2/28 146 calls at added credit of .55 and $8 more if called away. Taken in 4.83 so far. Earnings soon
Always wanted to put BA BABA in a headline!
NVDA Leap
Bought 1 NVDA Dec 18 2026 60.0 Put at $3.25.
Something to write against one day
NVDA
BTC NVDA 02/21/2025 120.00 Put @ $.05….STO 1/16/25 @ $1.66…
#shortputs
Stocks
with price greater than 100% above the 200 day moving average.
Just FYI
RDDT LEAPS
STC 1/15/27 80 calls @ $125
Got out on a trailing stop when underlying fell below $195
SPX
As I’ve said a few times, the biggest risk I see to these SPX trades is the distance between the daily put being sold and the long put LEAP it’s being sold against. And by risk it’s really only the risk of an unrealized loss that you have to endure for awhile. Here’s how I’m handling those now.
Rolled SPX Dec 2029 5800/5800/6200 to Dec 2029 6100/6100/6500 @ 81.50 debit
This does a couple things. It reduces buying power required due to the narrow gap in the put sale spread and allows more aggressive daily selling because that gap has been closed. In the big scheme of things out to 2029 it’s a small price to pay for an adjustment. I’ll add that to the original cost basis for long term tracking.
Using the rental house analogy….if you own the house long enough you’ll have to eventually use some of the rent income for new carpet or a fresh coat of paint. LOL. Just some needed maintenance.
COIN NFLX OKLO COST
#creditspread
SOLD VERTICAL COIN 21 FEB 2025 245/242.5 PUT @.11
SOLD VERTICAL NFLX 21 FEB 2025 990/985 PUT @.24
SOLD VERTICAL OKLO 21 FEB 2025 45/43 PUT @.21
SOLD VERTICAL COST 21 FEB 2025 1005/1000 PUT @.21
TQQQ, I added to my…
TQQQ, I added to my Feb. 28, $80 calls at 10.00
TQQQ,
STO April 4, $75 puts at 2.05, following the tasty trade idea of selling the 45 day and cover at 21 days to expiration.
PLTR BOIL OXY Calls
Sold 1 PLTR 02/21/2025 138/133 Bear Call Spread at $0.26 Credit
Sold 1 BOIL 83/78 Diagonal Bear Call Spread at $0.19 Credit
Sold 1 OXY 02/21/2025 55/52 Bear Call Spread at $0.18 Credit
PEP DDOG MRK TTD RDDT HSY CRL CSGP Put Spreads
Sold 1 PEP 02/21/2025 135/140 Bull Put Spread at $0.24 Credit
Sold 1 DDOG 02/25/2025 118/123 Bull Put Spread at $0.26 Credit
Sold 1 DDOG 02/25/2025 119/122 Bull Put Spread at $0.17 Credit
Sold 1 MRK 02/21/2025 75/80 Bull Put Spread at $0.26 Credit
Sold TTD 02/21/2025 71/75 Bull Put Spread at $0.31 Credit
Sold 1 RDDT 02/21/2025 165/170 Bull Put Spread at $0.19 Credit
Sold 1 HSY 02/21/2025 152.5 Put at $0.71 (against an existing 150 Put)
Sold 1 CRL 02/21/2025 135/140 Bull Put Spread at $0.58 Credit
Sold 1 CSGP 02/21/2025 60/65 Bull Put Spread at $0.36 Credit
SPX
Another round. Giving Mr. Market one position he can really sink his teeth into. LOL
Bought to Close SPX Feb 18 2025 6055.0 Put @ .70 (sold for 12.00)
Bought to Close SPX Feb 18 2025 6055.0 Put @ .70 (sold for 14.95)
Bought to Close SPX Feb 18 2025 6055.0 Put @ .70 (sold for 15.20)
Bought to Close SPX Feb 18 2025 6055.0 Put @ .70 (sold for 16.25)
Bought to Close SPX Feb 18 2025 6060.0 Put @ 1.05 (sold for 14.10)
Bought to Close SPX Feb 18 2025 6060.0 Put @ 1.05 (sold for 14.95)
Bought to Close SPX Feb 18 2025 6075.0 Put @ 1.50 (sold for 16.50)
Sold SPX Feb 19 2025 6075.0 Puts @ 5.70, 5.95, 6.55
Sold SPX Feb 19 2025 6100.0 Put @ 10.75 come and get it!
EDIT: Messed up my copy/paste. Corrected now.
CLF JBLU OXY WBA Covered Calls
Sold CLF 03/07/2025 14.0 Covered Calls at $0.10
Sold 1 JBLU 02/21/2025 7.0 Covered Call at $0.15 (Capital One re-adds JetBlue as a transfer partner)
Sold 1 OXY 02/21/2025 50.0 Covered Call at $0.70
Sold WBA 02/28/2025 14.0 Covered Calls at $0.02
#EveryLittleBitHelps
INTC Stock
Sold a tiny bit of INTC at $25.25
Bought last August at $20.21
#FormerFallingKnife
SPX 0-dte trades for 2/18/25
#SPX0dte Sold to Open $SPX Feb 18th 6050/6070-6170/6190 condors for 1.05, IV 15.96%, deltas -.06 +.06
Options Bistro 