Unless something crazy (er) happens this should be it for the week. Out a few days and up a couple strikes.
Rolled SPY Apr 23 2025 519.0 Calls to Apr 29 2025 521.0 Calls @ .25 credit (2.55 total now)
Daily Archives: Wednesday, April 23, 2025
XBI
Closing on the big bounce. Decided I’d rather add more SPY if we implode again.
Bought to Close XBI May 16 2025 75.0 Put @ 1.10 (sold for 1.46)
Bought to Close XBI May 16 2025 80.0 Put @ 2.60 (sold for 3.20)
Some beer money for race weekend. Dega baby!
🙂 🙂 🙂
SPX 0-dte trades for 4/23/25
#SPX0dte Sold to Open $SPX Apr 23rd 5300/5280 puts for 1.05, delta -.10, IV is bouncing wildly around 60%
I caught this on the pullback before another spike higher (9:37a ET). On that spike higher, IV and premium started going wild… this spread got above 1.50 in that period, even though SPX is higher than when I sold it.
Options Bistro 