#longcalls
$TQQQ STC 2/21 75 call at 15.50. BTO at 7.50. Thank you @jsf501 – great call.
#syntheticcoveredcalls
$GOOGL STO 2/28 192.5 call at .72
Daily Archives: Wednesday, February 19, 2025
MRK
Sold 1 MRK 02/28/2025 93.0 Covered Call at $0.06
Rolled 1 MRK 02/21/2025 80/86 Bull Diagonal Put Spread down to 1 MRK 02/28/2025 79/85 Diagonal Put Spread at $0.06 Credit
#EveryLittleBitHelps
CVS ADM CE MCHP
Rolled 1 CVS 02/21/2025 65.0 Call out a week at $0.47 Credit
Rolled 1 ADM 02/21/2025 46.5 Put out a week at $0.30 Credit
Added a tiny bit of CE stock at $54.00
Sold my tiny lot of MCHP at $61.22, Bought Dec 05 2024 at $60 and never added to it.
NVDA…
BTC….NVDA 21 Feb 25 125 Put @.05…..STO 16 Jan @ $2.79…
Still have the final leg of the ladder open….21 Feb 130 Put which were also sold 16 Jan @ $4.07….
SOXL Calls
Sold 1 SOXL 02/28/2025 40/36.5 Bear Call Spread at $0.19 Credit
SPX
No Fed fireworks. Bummer. LOL Still an unchanged day so can’t complain.
Bought to Close SPX Feb 19 2025 6100.0 Put @ .40 (sold for 10.75)
Sold SPX Feb 20 2025 6110.0 Put @ 5.90
SPX
Buy 1 Jun-20-25 5900/6350 Strangle @ 206.2 Limit and
Sell 1 Feb-21-25 6080/6160 Strangle @ 14.5 Limit
The idea is to keep rolling the shorts to the next day, using the then expected move to select the strikes. I won’t post day-day rolling, but may provide periodic update on this.
This “strategy” is inspired by the discussion with @fuzzballl and others recently, and thought to put money on my word. Still in search of that elusive “worry-free income strategy” :-).
TQQQ,
BTC March 21, $70 puts at .71, sold at 1.44
BTC march 28, puts at.64 , sold at 1.26
SPX
Bought to Close SPX Feb 19 2025 6075.0 Puts @ .50 (sold for 6.05)
Sold SPX Feb 20 2025 6100.0 Puts @ 6.50
Still holding a 6100 for today.
TQQQ,
BTC March 21, $75 puts at 1.23, sold at 2.79 so taking a nice profit and reducing my risk.
TQQQ,
I sold my Feb. 28, $80 calls at 9.93 and my cost was 9.50 because it seems extended. I am still short the puts
VIX Expiration – VXX Rollover
1 VIX Feb-19-2025 $15 PUT (AM) expired
Rolled 1 VXX 02/21/2025 44.0 Put to 1 VXX 02/28/2025 43.5 Put at $0.14 Credit
CE KOLD OKLO Puts
Sold 1 CE 02/21/2025 50/55 Bull Put Spread at $0.65 Credit
Sold 1 KOLD 02/21/2025 20/22 Bull Put Spread at $0.78 Credit
Sold 1 KOLD 02/21/2025 17/19 Bull Put Spread at $0.20 Credit
Sold 1 OKLO 02/21/2024 41/43 Bull Put Spread at $0.22 Credit
HII Stock
Sold a tiny bit of HII at $172.01
Bought Feb 06 2025 at $161.00
#FormerFallingKnife
SPX 0-dte trades for 2/19/25
#SPX0dte Sold to Open $SPX Feb 19th 6040/6060-6155/6175 condors for 1.05, IV 16.89%, deltas -.06 +.08
Pushing it on the call side a bit to get premium over a dollar. The market just has not been testing the upside dramatically during trading hours.
Options Bistro 