Nibbling a little bit on some yield plays
Bought APA at $14.00
Bought LYB at $53.00
Bought TGT at $89.00
#SP500 #FallingKnife
Daily Archives: Tuesday, April 8, 2025
SOXL
#shortputs
SOLD SOXL 11 APR 25 9 PUT @.51
#COMe getmeMSmarket
SPY
Rolled SPY Apr 08 2025 510.0 Call to Apr 09 2025 513.0 Call @ .05 credit (6.05 total now)
SPX 0-dte trades for 4/8/25
#SPX0dte Sold to Open $SPX Apr 8th 5410/5430 call spreads for .80, IV 88.40%, delta +.06
Up 3.6%, this would require a 6% up day to be breached. Certainly not impossible in this market but I waited to make sure the rally didn’t have massive follow through. I also bought a cheap long put spread before the open, 4870/4850mfor .55. That’ll be a bust unless we get a collapse. Fingers crossed! Maybe Bill Ackerman can say something bearish today.