TQQQ split today after close. Will start trading after split on Thursday.
Author Archives: MikeL
Things are getting ugly.
Things are getting ugly. 😦
NVDA
Risk Reversal using LEAPS
STO NVDA Jan15’27 125 PUT @35.12
BTO NVDA Jan15’27 90 CALL @38.12
Net debit $3.00
TSM
STO TSM Apr11 155/150 Bull Put @0.53
SMH
STO SMH Apr04 205/200 Bull Put @0.46
NVDA
STO NVDA Apr11 105/100 Bull Put @0.57
TSLA
STO TSLA Apr11 220/200 Bull Put @1.00
TSLA
BTC TSLA Apr04 200/180 Bear Put @0.35 (Sold for $1.00)
STO TSLA Apr04 200/180 Bull…
STO TSLA Apr04 200/180 Bull Put @ 1.00
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?
NVDA
STO NVDA Mar21’25 90 PUT @1.92
@fuzzballl Any trades on XBI?…
@fuzzballl
Any trades on XBI?
It is below $87
Alternative to TOS paper account?
It looks like TOS is canceling paper accounts. It started about a month ago and now even my oldest paper account was closed today. New paper accounts are not available.
Is there a decent alternative to TOS paper account with similar functionality?
LABU Split: 1 : 20
LABU announced a reverse split, effective 2023-12-04.
The terms of the split are 1 : 20.
@fuzzballl Are you loading up…
Are you loading up on XBI or waiting for a better price?
🙂
SPY
STO SPY Oct27’23 410 PUT @2.00
SPY
STO SPY Oct27’23 420 PUT @2.15
DIS
STO DIS Jan19’24 80 PUT @2.45
How do you manage the emotional side of trading SPX?
This question is for Jeff and everyone else trading SPX.
When your position is tested, like today with SPX at 3961 and short calls at 3970, how do you manage the emotional side of trading?
I usually close the trade early for a small loss, but most of the time miss out on a winning trade.
I think, it is a purely emotional response, but should be avoided in trading.
- Do you stick to your plan and close early, or hope for the best and see what happens?
- Is your approach different for Calls vs. Puts?
KRE
STO KRE Apr21’23 25 PUT @0.45
STO KRE Apr21’23 30 PUT @0.95
FAS
STO FAS Apr21’23 40 PUT @1.98
STO FAS Apr21’23 35 PUT @1.24
XBI
STO XBI Apr21’23 70 PUT @ 1.50
KRE
STO KRE Jun16’23 40 PUT @1.20
FYI SPY Dividend
FYI SPY Dividend – Mar 17, 2023
KRE
STO KRE Jun16’23 50 PUT @1.15
IWM
STO IWM Mar17’23 180 PUT @1.00
XBI
STO XBI May19’23 75 PUT @1.80
Forward implied volatility
XBI
STO XBI Apr21’23 75 PUT @1.50
SPY
STO SPY Mar10’23 380 PUT @1.65
Commission on SPX
I am curious what are you paying per contract for SPX options with your broker?
Interactive Brokers is charging $1.55 and $1.64 per contract, depending on the premium amount.
SPY
STO SPY Mar03’23 390 PUT @1.50
STO SPY Mar03’23 395 PUT @2.00
TSLA
Not sure if this was a smart move, but ..
STO TSLA Jul21’23 80 PUT @8.75
Question about keeping track of trades
Over the years, I have noticed that keeping track of trades is taking 2 to 3 times longer that the actual trading activities.
I use Excel spreadsheet and entering open/close trades is not a big deal. However, when I roll positions, sometimes for years, it is a tedious task.
Has anyone found a better way of recording trades (than Excel), including multiple rolls?
TSLA
STO TSLA Dec16’22 130 PUT @1.75
META
STO META Dec16’22 95 PUT @5.76
Let’s see what happens 🙂
TSLA
STO TSLA Oct21’22 200 PUT @4.00
Ability to create new posts.
Hi Jeff,
Somehow I lost ability to create new posts or reply directly in the optionsbistro.com.
Was working fine 2 days ago.
Checked login, cleared cache, etc…, but nothing helps.
This post is done from the WordPress account.
Can you please check if there are any issues with my username?
Thank you,
Mike
@fuzzballl Looks like EWZ is…
@fuzzballl
Looks like EWZ is coming back down into the range.
XBI
STO ITM XBI Jan20’23 70 PUT @11.45
INTC
STO INTC Sep16’22 35 PUT @1.16
STO INTC Jan20’23 35 PUT @1.98
BA
STO BA Mar18’22 180 PUT @6.40
STO BA Jan20’23 180 PUT @26.20
FXI
STO FXI Apr14’22 31 PUT @0.50
RSX
STO RSX Jan’23 20/10 Bull Put @8.05
B/E at $11.95
TSLA
STO TSLA Mar18’22 500 PUT @6.00
On a GTC order at the open.
RSX
STO RSX Mar18’22 10 PUT @0.70
Russia ETF
FB
Possibly too early, but…
STO FB Mar18’22 190 PUT @ 2.05
STO FB May20’22 175 PUT @ 3.75
How is everyone planing to…
How is everyone planing to celebrate the New Year?
@fuzzballl Have you looked at…
Have you looked at ARKG and ARKF ?
FAS
STO FAS Dec17’21 90 PUT @1.80
SOXL
STO SOXL Dec17’21 45 PUT @1.20
TQQQ
STO TQQQ Dec17’21 105 PUT @1.73
ARKK
STO ARKK Jan21’22 70.96 PUT @1.62
EWZ
STO EWZ Jan21’22 26 PUT @1.10
SPLK
SPLK is down 18% today on CEO resignation.
LABU
STO LABU Nov26’21 50 PUT @1.60
TSLA
STO TSLA Nov19’21 700 PUT @4.25
PYPL
PYPL is down 12%
VIX
Any idea why we had a 10% spike in VIX?
PTON
PTON is down 35%
DKNG
DKNG is down 3.3%
MRNA
MRNA is down 20%
Jan 150 Puts are $3
PENN
PENN is down today 20%
Z
If Cathie Woods is buying Zillow, that is good for me … 🙂 🙂
STO Z Jan21’22 50 PUT @1.50
EWZ
Just as a long hold with about 15% annual return.
STO EWZ Jan20’23 30 PUT @6.30
B/E = $23.70
BITO Time for a test…
BITO
Time for a test 🙂
STO BITO Dec17’21 30 PUT @ $1.05
STO BITO Dec31’21 30 PUT @ $1.45
Short NEGG AUG 20 2021…
Short NEGG AUG 20 2021 CALL got assigned on Friday. So I exercised the long call.
There is probably a charge for being short shares, just not sure how much.
What happens to a Covered…
What happens to a Covered Call position when stock back-splits?
For example GE will have a 1:8 split in August.
Right now I hold 400 shares and 4 calls.
After the split I will end up with 50 shares, but what happens to the existing calls?
A couple of trades today….
A couple of trades today.
STO EWZ Jul16’21 32 PUT $0.60
STO TQQQ Jun18’21 65 PUT $1.50
STO TSLA Jun18’21 400 PUT $4.34
STO LABU May28’21 50 PUT $1.20
STO LABU Jun04’21 45 PUT $1.00
STO ARKK Jun18’21 80 PUT $1.00
TSLA
STO TSLA May21’21 500 PUT @3.11
Visa
V is down 5% today
AYX is down 15%
STO AYX Mar19’21 100 PUT @1.79
AKAM down 11%
STO AKAM Mar19’21 92.5 PUT @1.10
SPOT
SPOT is down 8% today
STO SPOT Mar19’21 250 PUT @3.10
IB has lifted all trading…
IB has lifted all trading restrictions, but implemented higher margin on those stocks.
