NTAP SPY UVXY

#ShortPuts #CoveredCalls – Slow week but nice theta throughout the accounts.

NTAP: Old earnings trade still trying to work out of.
Bought to Close NTAP MAY 29 2020 45.0 Calls @ .01 (sold for 1.60)
Sold NTAP JUN 5 2020 44.0 Calls @ 1.09

SPY: Staying involved. Not nearly as heavy as I’ve been last 8 weeks.
Sold SPY JUN 19 2020 280.0 Put @ 2.50

UVXY: Feels like we’ll have some volatility though the election so trying to grab some put premium here.
UVXY MAY 29 2020 33.0 Puts expiring (sold for .86)
Sold UVXY JUN 5 2020 32.5 Puts @ 1.15

SPY

#CoveredCalls – Not much today. Just sitting and enjoying the rally (EWZ especially!). For risk reduction letting some stock go…

SPY stock called away @ 295.0 (basis 291.90)

Assigned these on a 300 put that I sold at the beginning of the implosion. Happy to be out of it…

SPY

#ShortPuts – Almost three weeks early…

Bought to Close SPY JUN 12 2020 250.0 Put @ .27 (sold for 3.50)

SPY

#ShortPuts – No sense holding for two more weeks…

Bought to Close SPY JUN 05 2020 260.0 Put @ .17 (sold for 3.40)

NVDA

#ShortPuts – Still trying to talk this one down…

Sold NVDA JUN 19 2020 315.0 Put @ 4.40

NVDA SPY TNA

#CoveredCalls #BullPutSpreads #Earnings

NVDA: Earnings down to the wire but went out worthless
MAY 22 2020 360.0/355.0 Bull Put Spread @ 2.65 (expired)

SPY: Down to the wire but had to roll (covered)
Rolled SPY MAY 22 2020 295.0 Call to MAY 27 2020 295.0 Call @ 2.20 credit (4.65 total now)

TNA: Rolled out a week and up a little (covered)
Rolled TNA MAY 22 2020 20.0 Calls to MAY 29 2020 20.5 Calls @ .12 credit

NVDA Earnings

#BullPutSpreads – Wouldn’t mind owning this but would like to see it implode a little. Selling ITM bull put spread for upside gain but a decent ownership basis if it does tank.

Sold NVDA MAY 22 2020 360.0/355.0 Bull Put Spread @ 2.65

Not much else going on…just letting things work.