Sold 1 TSLA 03/21/2025 260/255 Bear Call Spread at $0.35 Credit
Paired with the TSLA Puts sold yesterday
Monthly Archives: March 2025
More VXX Puts
Sold VXX 03/21/2025 42/47 Bull Put Spreads at $0.30 Credit
Sold VXX 03/21/2025 42/46.5 Bull Put Spreads at $0.20 Credit
CLF SOXL Puts
Sold CLF 03/21/2025 8.5 Puts at $0.03
Sold 1 SOXL 03/21/2025 17.0 Put at $0.11
#EveryLittleBitHelps
VXX Puts
Sold VXX 03/21/2025 42/47 Bull Put Spreads at $0.15, $0.16, $0.19 and $0.24 Credits
Sold VXX 03/21/2025 42/46.5 Bull Put Spreads at $0.13 and $0.16 Credits
For next week Sold VXX 03/28/2025 41/46 Bull Put Spreads at $0.32 and $0.41 Credits
CVX Stock
Sold a tiny bit of CVX at $163.01
Bought in Nov 2023 at $143.00
#FormerFallingKnife
BA Strangle
Sold 1 BA 03/21/2025 157.5/162.5/177.5/182.5 Strangle at $1.31 Credit
SPX 0-dte trades for 3/19/25
#SPX0dte Given the high volatility for Fed decision I was able to get a buck for extra wide condor, rather than going for riskier 6-delta strategy, which is going for about 1.80. I’ll be comfortable with this going into the press conference provided there is no significant movement before then.
Sold to Open $SPX Mar 19th 5480/5500-5735/5755 condors for 1.00, IV 42.46%, deltas -.04 +.04
#welcome – Hello Bistro Team!…
#welcome – Hello Bistro Team!
It’s been a solid 5 years since my last post, and I haven’t been trading too much in that time. (Although I’ve definitely peeked in here every few months!) I got a job with Salesforce in Jan 2020, and they decided to close their office in Hillsboro, OR in Nov 2024. I decided not to take a relocation and opt for severance with my teenagers in high school. I had the good fortune of shoving all of my 401k into PLTR through a self-directed BrokerageLink account at Fidelity in 2021 after watching a demo video of their software. I went all in and DCA’d down to about $14.00 avg. cost, so the past two years has been simply mind-blowing.
Sold a few CC’s at $119 that were exercised and fund my daytrading maintenance at TastyTrade a couple weeks back. Still have severance coming in a couple of weeks, and I’m excited at the opportunity to maybe trade full time, at least while I’m on unemployment! Been trading 0 DTE credit spreads/iron condors on the SPX. I’d like to dip a toe into 0/1 DTE calendars there as well possibly.
I searched through some posts but couldn’t find any referrals to CPAs/tax folks that people use, so I’d appreciate any nods in that direction if you have a service you trust. I’d like to pursue incorporation of some sort too – any advice there would be great as well, if you trade as a legal entity. From what I’ve read at the library and internet so far, I can deduct health care premiums, and possibly set up a solo-401k to put a good $69K and change away tax free? Not even close to that profitability yet, and not future tripping, just want a solid plan for the future and the kids!
Feels good to be back, Thank you Jeff and the usual suspects for the site and content!
SPX
Bought to Close this Friday 5800/5805 Bear Call Spreads @ .30 (sold for 1.25)
SPX
Fat fingered the mid price. Guess I’ll hold and see what happens.
Sold to Open this Friday BuPS 5500/5495 @ .85
BOIL Calls
Sold 1 BOIL 03/21/2025 94/89 Bear Call Spread at $1.42 Credit
VXX Puts
Sold VXX 03/21/2025 42/47 Bull Put Spreads at $0.13 and $0.14 Credits
VXX Calls
Sold VXX 03/21/2025 61/56 Bear Call Spreads at $0.26 and $0.34 Credits
Sold 1 VXX 03/21/2025 62/57 Bear Call Spread at $0.21 Credit
DECK NVDA TSLA Puts
Sold 1 DECK 03/21/2025 105/110 Bull Put Spread at $0.45 Credit
Sold 1 NVDA 03/21/2025 104/108 Bull Put Spread at $0.30 Credit
Sold 1 TSLA 03/21/2025 190/200 Bull Put Spread at $0.47 Credit
SPX 0-dte trades for 3/18/25
#SPX0dte At the open bell, sold to open $SPX Mar 18th 5550/5570-5735/5755 condors for 1.60, IV 33.78%, deltas -.07 +.05
SPY
For the 2nd straight day the SPY had a 90%+ up day
Very Rare. About once every 3 years.
Only 44 of 500 stocks down today
SOXL
#shortputs
#everylittlebithelps
SOLD SOXL 21 MAR 25 17 PUT @.09
TQQQ,
STO April 17, 45/85 strangle at .91
STO April 25, 45/85 strangle at .95
SPX
Sold to Open this Friday BeCS 5800/5805 @ 1.25
TROW TGT CE MRK BA NVDA VXX
Sold TROW 03/21/2025 100/95 Bear Call Spreads $0.57 and $0.80 Credits
Sold TGT 03/21/2025 117/110 Bear Call Spreads at $0.33 and $0.44 Credits
Sold 1 CE 03/21/2025 100/95 Bear Call Spread at $0.47 Credit
Sold 1 MRK 03/21/2025 100/97 Bear Call Spread at $0.31 Credit
Sold 1 BA 03/21/2025 145/152.5 Bull Put Spread at $0.53 Credit
Sold 1 NVDA 03/21/2025 106/110 Bull Put Spread at $0.34 Credit
Sold VXX 03/21/2025 42/46.5 Bull Put Spreads at $0.12 and $0.19 Credits
CLF AAP SOXL APA
Sold 1 CLF 03/21/2025 11.5 Covered Call at $0.07
Sold 1 AAP 03/21/2025 33.0 Put at $0.08
Sold 1 SOXL 03/21/2025 16.0 Put at $0.08
Sold 2 APA 03/21/2025 20.5 Covered Calls at $0.15
#EveryLittleBitHelps
TQQQ,
STO May 2, 45/85 strangle at 1.40, 46 days to expiration but I will probably take it off at 21 days.
SPX 0-dte trades for 3/17/25
#SPX0dte Sold to Open $SPX Mar 17th 5515/5535-5715/5735 condors for 1.50, IV 35.81%, deltas -.06 +.06
IV and width have gotten smaller than any day of last 2 weeks.
Earnings 3/17 – 3/21
Econ Calendar 3/17 – 3/21
Retail sales Monday, Fed decision Wednesday
SPY
A rare 90%+ up day for the #SP500.
only 49/500 down on the day
VXX Call Covered
Rolled bunches of calls in VXX for the 2nd week in a row but covered this one
Bought to close 1 VXX 03/14/2025 52.0 Call at $0.01
Sold last Friday on a roll at $4.18
CVS Calls Rolled
Rolled 1 CVS 03/14/2025 72/65 Bear Call Spread to next week at $0.43 Credit
FANG Stock
Sold out of my tiny position in FANG at $150.01
Bought on 03/10 at $138.00 and never got a chance to add more
#FormerFallingKnife
APA BA MRK NVDA Calls rolled
Rolled 1 APA 03/14/2025 20.0 Covered Call to next week at $0.29 Credit
Rolled 1 BA 03/14/2025 172.5/160 Bear Call Spread to 1 BA 03/21/2025 172.5/162.5 Bear Call Spread at $0.93 Credit
(Rolled the short strike up 2.5 Points which lowered the spread requirement)
Rolled 1 MRK 03/14/2025 101/94 Bear Call Spread to 1 MRK 03/21/2025 100/96 Bear Call Spread at $0.04 Credit
(Rolled the short strike up 2 Points and the long strike down a point which lowered the spread requirement)
Rolled 1 NVDA 03/14/2025 125/120 Bear Call Spread to 1 NVDA 03/21/2025 126/122 Bear Call Spread at $0.23 Credit
(Rolled the short strike up a 2 points and the long strike up only 1 point which lowered the spread requirement)
All the rest of my BA, MRK and NVDA spreads are expiring
NUE UAL Spreads closed
Bought to close 1 NUE 03/14/2025 115/120 Bull Put Spread at $0.02
Bought to close 1 UAL 03/14/2025 65/70 Bull Put Spread at $0.01
#ReleasingMargin
SPX 0-dte trades for 3/14/25
#SPX0dte Sold to Open $SPX Mar 14th 5430/5450-5665/5685 condors for 1.50, IV 41.25%, deltas -.07 +.05
Lowest chain IV of the week to start the day… I think premarket deltas a bit off and will shift toward upside at the open.
NVDA, BA, PLTO..
BTC NVDA 21 MAR 25 100 PUT @.41…..STO 3/6 @ 2.35…
STO PLTO 17 APR 25 12 PUT @.56.
#shortputs
BTC BA 21 MAR 25 205 CALL @.03…STO 2/12 @ 1.55
#coveredcalls
SPY Expiration
The last SPY position for now
1 SPY 03/13/2025 535/540 Bull Put Spread
FRT TGT TROW Stock
Started a tiny new position in FRT at $95.00
Started a tiny new position in TGT at $105.00
Added a tiny bit more to my TROW position at $92.20 and $91.99
#SP500 #FallingKnife
Market, I covered all my…
Market, I covered all my positions for a small loss and am again in all cash. I am still up on the year and just protecting my gains until the market tells me to get back in. I only trade the TQQQ so am waiting for a decline before I jump back in. Since it a leveraged ETF, It could go below 10 or more if the news is bad enough. Good luck to everyone.
VXX Puts
Sold 1 VXX 03/21/2025 40/46 Bull Put Spread at $0.23 Credit
SPX 0-dte trades for 3/13/25
#SPX0dte Sold to Open $SPX Mar 13th 5455/5475-5690/5710 condors for 1.60, IV 43.46%, deltas -.05 +.07
SPY Expiration
1 SPY 03/12/2025 540/545 Bull Put Spread
VXX Puts
Sold VXX 03/14/2025 46/50 Bull Put Spreads at $0.17, $0.18, $0.19, $0.20, $0.21 and $0.22 Credits
All sold against existing Bear Call spreads the are now starting to work out
BOIL Calls
Rolled 1 BOIL 03/14/2025 87.5/84 Bear Call Spread to 1 BOIL 03/21/2025 90/85 Bear Call Spread at $0.23 Credit
LEG Put
Sold 1 LEG 03/21/2025 7.5 Put at $0.20
#TinyPuts
VXX Puts
Sold VXX 03/21/2025 40/46 Bull Put Spreads at $0.17 Credit
SPCE SOXL
#bloodbath
SOLD SPCE @2.94
#coveredcalls
SOLD SOXL 14 MAR 25 21.5 CALL @.10
TQQQ CLF Calls
Sold 1 TQQQ 03/14/2025 68.0 Covered Call at $0.22
Sold 1 CLF 03/14/2025 11.0 Covered Call at $0.03
#EveryLitttleBitHelps
AMZN
Adding one. Prior to earnings.
Sold AMZN Apr 17 2025 180.0 Put @ 3.20
TROW LYB HST Stocks
Added a tiny bit more TROW at $92.99 just before the XDIV date tomorrow
Added a tiny bit of LYB at $72.00
Started a tiny position in HST at $15.00
#SP500 #FallingKnife
SPX
Rolled on the opening bounce. Giving it time for the VIX curve to flatten out a little.
Rolled SPX Mar 14 2025 5975.0 Put to Apr 17 2025 5975.0 Put @ 1.00 credit (63.10 total now)
VXX Puts
Sold VXX 03/14/2025 46/50 Bull Put Spreads at $0.13, $0.15 and $0.16 Credits
META BA OKLO Strangles
Sold 1 META 03/14/2025 545/550/670/675 Strangle at $0.48 Credit
Sold 1 BA 03/14/2025 135/140/167.50/172.5 Strangle at $0.50 Credit
Sold 1 OKLO 03/14/2025 20/22/32/34 Strangle at $0.45 Credit
UVXY call spread
Sold to open $UVXY Apr 17 30/40 bear call spread @ 1.56
SPX 0-dte trades for 3/12/25
#SPX0dte Sold to Open $SPX Mar 12th 5475/5495-5745/5765 condors for 1.50, IV 49.55%, deltas -.05 +.07
Orders in to close puts for .35 and calls for .15
Inflation hits 2.8% in February, less than expected
CPI ticked up a seasonally adjusted 0.2% for the month, putting the annual inflation rate at 2.8%. Economists surveyed by Dow Jones had been looking for 0.3% increases on both headline and core, with respective annual rates of 2.9% and 3.2%, meaning that all of the rates were 0.1 percentage point less than expected.
https://www.cnbc.com/2025/03/12/cpi-inflation-report-february-2025.html
SPY Expiration
1 SPY 03/11/2024 544/549 Bull Put Spread
TQQQ,
STO April 25, $80 calls at .85
NVDA DECK RDDT Strangles
Sold 1 NVDA 03/14/2025 90/95/120/125 Strangle at $0.50 Credit
Sold 1 DECK 03/14/2025 110/115/130/135 Strangle at $0.82 Credit
Sold 1 RDDT 03/14/2025 149/144 Bear Call Spread at $0.30 Credit.
Paired with 1 RDDT 03/14/2025 95/100 Bull Put Spread sold yesterday, creating a strangle
BA Calls
Sold 1 BA 03/14/2025 165/160 Bear Call Spread at $0.34 Credit
Paired with BA Puts sold yesterday
Just out of curiosity stuck…
Just out of curiosity stuck a Fibonacci retracement on the daily. The 161.8 retracement is sitting in the middle of the daily candle that is forming today on /ES/SPY/SPX.
Bottom? We won’t know until it is in the rear view mirror. As I mentioned yesterday tread lightly but there are also some opportunities developing for those if us that think a little longer term. Meaning weeks, months, and years, not 930 am to 4 pm like the day traders.
Plus premiums are inflated!!
Trade smarter 🙂
NVDY, TSLY, MSTY, CONY
Does anyone know if there is a downside to holding NVDY, TSLY, MSTY, CONY long-term?
Do they have a tendency to go down over time?
TROW stock
Added a tiny bit of TROW at $97.00
Ex-Div on 03/14 for $1.27 – Yield = 5.14%
#SP500 #FallingKnife
MSFT Calls
Sold 1 MSFT 03/14/2025 400/395 Bear Call Spread at $0.67 Credit
Paired with MSFT Puts sold yesterday
SPX 0-dte trades for 3/11/25
#SPX0dte Sold to Open $SPX Mar 11th 5440/5460-5725/5745 condors for 1.80, IV 55.01%, deltas -.06 +.06
Orders in to close put side for 40 and call side for 20
Testing testing 1, 2, 3…
$SPX testing a prior resistance level as support today… we peaked at the 5651 area last July and August.
SPY Expiration
1 SPY 03/10/2025 545/550 Bull Put Spread
BA DECK MSFT RDDT UAL Puts
Sold 1 BA 03/14/2025 131/136 Bull Put Spread at $0.34 Credit
Sold 1 DECK 03/14/2025 104/109 Bull Put Spread at $0.33 Credit
Sold 1 MSFT 03/14/2025 345/350 Bull Put Spread at $0.24 Credit
Sold 1 RDDT 03/14/2025 95/100 Bull Put Spread at $0.84 Credit
Sold 1 UAL 03/14/2025 62/67 Bull Put Spread at $0.33 Credit
SPY Puts
Sold 1 SPY 03/11/2025 544/549 Bull Put Spread at $0.27 Credit
Sold 1 SPY 03/12/2025 540/545 Bull Put Spread at $0.33 Credit
Sold 1 SPY 03/13/2025 535/540 Bull Put Spread at $0.33 Credit
#SPYLadder
ARE CCI FANG VZ Stocks
Sold a tiny bit of ARE at $103.64. Bought this lot on 12/18 at $100.00
Sold the last tiny bit of CCI at $98.04. Bought on 01/08 at $87.00
Sold a tiny bit of VZ at $47.18. My highest and oldest lot in this account bought in May 2022.
#FormerFallingKnife
Started a tiny new position in FANG at $138.00
#SP500 #FallingKnife
AAP CLF INTC MSTX SOXL Puts
Sold 1 AAP 03/14/2025 33.0 Put at $0.39
Sold 1 CLF 03/14/025 9.0 Put at $0.11
Sold CLF 03/14/025 8.5 Puts at $0.06 and $0.08
Sold 1 INTC 03/14/2025 18.5 Put at $0.12
Sold MSTX 03/14/2025 11.0 Puts at $0.10, $0.20 and $0.25
Sold 1 SOXL 03/14/2025 15.0 Put at $0.17
#TinyPuts
SPX 0-dte trades for 3/10/25
#SPX0dte #riskreversal
Sold $SPX Mar 10th 5810/5830 call spreads, delta +.06
Bought SPX Mar 10th 5565/5545 put spreads, delta -.05
Net CREDIT +.20
SPY
Adding at the top of the ladder.
Sold SPY Apr 17 2025 560.0 Put @ 12.50
TQQQ,
STO April 17, $85 calls at .80 cents on Friday.
Earnings 3/10 – 3/14
Econ Calendar 3/10 – 3/14
After Monday a busy week with JOLT, CPI, PPI, and Michigan data
SPY
One more.
Sold SPY Apr 17 2025 505.0 Put @ 3.15
BMY TROW Stock
Sold a tiny bit of my BMY stock at $63.01
Bought at $42.00 last May
#FormerFallingKnife
Bought a tiny bit of TROW at $98.00
Ex-Div on 03/14 for $1.27 – Yield = 5.13%
#SP500 #FallingKnife
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