#ShortPuts – Giving Mr. Market some inspiration.
Rolled NVDA FEB 3 2023 172.5 Puts to FEB 3 2023 182.5 Puts @ 2.15 credit (5.15 total now)
Author Archives: fuzzballl
SPY
#CoveredCalls – Closed, sold, and rolled.
Bought to Close SPY JAN 20 2023 391.0 Calls @ 1.45 (sold for 6.55)
Sold SPY JAN 27 2023 390.0 Calls @ 3.50
Rolled SPY JAN 20 2023 391.0 Call to JAN 27 2023 395.0 Call @ .12 credit (6.60 credit now)
NVDA SPY TLT TQQQ XBI
#CoveredCalls #SyntheicCoveredCalls #ShortPuts – A few today.
NVDA: Roll out and up. Still prior to earnings.
Rolled NVDA JAN 20 2023 150.0 Calls to FEB 10 2023 152.5 Calls @ .30 credit (2.25 total now)
Rolled NVDA JAN 20 2023 150.0 Calls to FEB 10 2023 152.5 Calls @ .30 credit (1.75 total now)
SPY:
Rolled SPY JAN 20 2023 395.0 Put to JAN 27 2023 393.0 Put @ even (3.50 total now)
TLT: Covered.
Rolled TLT JAN 20 2023 106.0 Calls to JAN 27 2023 106.5 Calls @ .01 credit (1.10 total now)
TQQQ: Another round.
Bought to Close TQQQ JAN 20 2023 20.0 Calls @ .04 (sold for .40)
Sold TQQQ FEB 3 2023 21.0 Calls @ .40
XBI: A few adjustments. Synthetic covered.
Bought to Close XBI JAN 20 2023 87.0 Calls @ .15 (sold for .75)
Sold XBI JAN 27 2023 85.0 Calls @ 1.60
Adding:
Bought XBI JAN 17 2025 90.0/90.0/40.0 Synthetic Stock with Disaster Put @ 2.60 debit
Sold XBI FEB 3 2023 89.0 Call @ 1.19
Roll for extra credit:
Rolled XBI JAN 27 2023 90.0 Calls to FEB 3 2023 88.0 Calls @ 1.16 credit (2.10 total now)
XBI
#SyntheticCoveredCalls – A few.
Bought to Close XBI JAN 20 2023 90.0 Calls @ .04 (sold for .95)
Sold XBI FEB 3 2023 90.0 Calls @ 1.00
SPY
#CoveredCalls #ShortCalls – Nice day for some call rolling.
Rolled SPY JAN 20 2023 386.0 Calls to FEB 3 2023 390.0 Calls @ .25 debit (5.15 total now)
Rolled SPY JAN 20 2023 388.0 Calls to FEB 3 2023 392.0 Calls @ .25 credit (5.90 total now)
Rolled SPY JAN 20 2023 382.0 Calls to FEB 10 2023 386.0 Calls @ .15 debit (7.15 total now)
Rolled SPY JAN 20 2023 382.0 Calls to FEB 10 2023 386.0 Calls @ .15 debit (5.70 total now)
AMZN
#SyntheticCoveredCalls – Slight pullback to get some rolls done.
AMZN: Synthetic Covered.
Rolled AMZN JAN 20 2023 88.0 Calls to FEB 3 2023 90.0 Calls @ .30 credit (1.25 total now)
Rolled AMZN JAN 20 2023 89.0 Calls to FEB 3 2023 92.0 Calls @ .10 debit (1.10 total now)
Getting a short put back into the mix.
Rolled 1 AMZN FEB 17 2023 105.0 Put to 2 FEB 3 2023 98.0 Puts @ .45 credit (2.40 total now)
NVDA
#ShortPuts #CoveredCalls – A few adjustments. Closing short puts and exchanging a short naked call for short puts. Most short calls are covered now. This is all prior to earnings.
Bought to Close NVDA JAN 20 2023 160.0 Put @ 1.05 (sold for 15.75)
Bought to Close NVDA JAN 20 2023 160.0 Puts @ 1.07 (sold for 4.20)
Rolled 1 NVDA JAN 20 2023 150.0 Call to 2 NVDA FEB 3 2023 172.5 Puts @ .70 credit (3.00 total now)
AMZN SPY XBI
#CoveredCalls #SyntheticStock #SyntheticCoveredCalls #ShortPuts – A few.
AMZN: Got all these done within the first two and a half minutes this morning. Felt like a bounce was coming. Rolled synthetic covered and added to synthetic. Earnings around Feb 2nd.
Rolled AMZN JAN 13 2023 89.0 Calls to JAN 27 2023 91.0 Calls @ .35 debit (.60 total now)
Rolled AMZN JAN 13 2023 90.0 Calls to JAN 27 2023 92.0 Calls @ .05 debit (.70 total now)
Rolled AMZN JAN 13 2023 86.0 Calls to FEB 3 2023 89.0 Calls @ .10 debit (.90 now)
Bought AMZN JAN 17 2025 105.0/105.0/45.0 Synthetic Stock with Disaster Put @ even
SPY: With large XBI stock position going away I can add to SPY.
Sold SPY JAN 20 2023 395.0 Put @ 3.50
Sold SPY JAN 27 2023 392.5 Put @ 3.70
Sold SPY FEB 3 2023 390.0 Put @ 3.30
XBI: Last big block of XBI stock getting called away. Traded this thing heavily for over 13 months. Trimming back now to synthetic only (hoping to add on pullbacks) and moving the buying power to SPY. Thanks ‘ol buddy for being the top performer of 2022!
Selling XBI Stock @ 82.00 (basis 79.85 and many many more covered calls sold along the way)
Bought XBI JAN 17 2025 90.0/90.0/40.0 Synthetic Stock with Disaster Put @ 5.50 and 4.30 debit
Sold XBI JAN 20 2023 90.0 Calls @ .95
Sold XBI JAN 27 2023 90.0 Calls @ 1.03
SOXL SPY XBI
#ShortPuts #ShortCalls #CoveredCalls #SyntheticCoveredCalls
SOXL:
Bought to Close SOXL JAN 13 2023 11.0 Puts @ .01 (sold for .85)
SPY: Managed a few rolls during the dip in the first ten minutes.
Rolled SPY JAN 13 2023 384.0 Calls to JAN 20 2023 386.0 Calls @ .40 debit (5.45 total now)
Rolled SPY JAN 13 2023 386.0 Calls to JAN 20 2023 388.0 Calls @ .06 credit (5.65 total now)
Rolled SPY JAN 13 2023 389.0 Calls to JAN 20 2023 391.0 Calls @ .12 credit (6.55 total now)
Rolled SPY JAN 13 2023 389.0 Call to JAN 20 2023 391.0 Call @ .16 credit (6.50 total now)
Rolled SPY JAN 13 2023 383.0 Call to JAN 27 2023 385.0 Call @ .30 credit (3.25 total now)
Rolled SPY JAN 13 2023 383.0 Calls to JAN 27 2023 386.0 Calls @ .50 debit (2.00 total now)
XBI: Breaking out. Sold a little early against synthetic stock.
Sold XBI JAN 20 2023 87.0 Calls @ .75
/ES
#Futures – Stopped out on my hedge. Not really needed anymore with a lot of ITM short calls helping with any downside. These trade at $50 dollars per point.
Sold /ES MAR 23 3500/3300 Bear Put Spreads @ 18.75 and 15.00 (bought for 29.00)
XBI
#SyntheticCoveredCalls – No harm no foul on these. Taking small gains prior to CPI tomorrow. XBI in a massive squeeze and might run on a market rally tomorrow. Slow week with everything sitting in this Friday and next Friday expirations.
Bought to Close XBI JAN 13 2023 83.5 Calls @ 1.55 (sold for 2.00)
Bought to Close XBI JAN 13 2023 85.0 Calls @ .89 (sold for 1.00)
SPY
#CoveredCalls – A lot of rolls but still picking up more upside.
Rolled SPY JAN 6 2023 380.0 Call to JAN 13 2023 383.0 Call @ .10 debit (2.95 total now)
Rolled SPY JAN 6 2023 380.0 Calls to JAN 13 2023 383.0 Calls @ .10 debit (2.50 total now)
Rolled SPY JAN 6 2023 381.0 Calls to JAN 13 2023 384.0 Calls @ .20 credit (5.85 total now)
Rolled SPY JAN 6 2023 382.0 Calls to JAN 13 2023 386.0 Calls @ even (5.60 total now)
Rolled SPY JAN 6 2023 384.0 Calls to JAN 13 2023 389.0 Calls @ .20 credit (6.45 total now)
Rolled SPY JAN 6 2023 384.0 Call to JAN 13 2023 389.0 Call @ .15 credit (6.35 total now)
Rolled SPY JAN 6 2023 378.0 Calls to JAN 20 2023 382.0 Calls @ .20 debit (7.35 total now)
Rolled SPY JAN 6 2023 378.0 Calls to JAN 20 2023 382.0 Calls @ .20 debit (5.90 total now)
AMZN
#SyntheticCoveredCalls – A few more.
Bought to Close AMZN JAN 6 2023 86.0 Calls @ .05 (sold for .90)
Bought to Close AMZN JAN 6 2023 87.0 Calls @ .05 (sold for 1.22)
Sold AMZN JAN 13 2023 86.0 Calls @ 1.00
Sold AMZN JAN 20 2023 88.0 Calls @ .95
XBI
#CoveredCalls – Picking up some more upside.
Rolled XBI JAN 6 2023 81.0 Calls to JAN 13 2023 82.0 Calls @ .22 credit (3.45 total now)
AMZN SPY TQQQ
#CoveredCalls #SyntheticCoveredCalls – A few.
AMZN: Another round.
Bought to Close AMZN JAN 6 2023 88.0 Calls @ .10 (sold for .95)
Sold AMZN JAN 20 2023 89.0 Calls @ 1.20
SPY:
Bought to Close SPY JAN 5 2023 383.0 Calls @ .15 (sold for 5.40 and 5.90)
Sold SPY JAN 6 2023 380.0 Calls @ 2.61 and 3.05)
TQQQ:
Bought to Close TQQQ JAN 6 2023 19.0 Calls @ .01 (sold for .21)
SPY
#CoveredCalls #ShortCalls – Again. 🙂 🙂
Rolled SPY JAN 4 2023 382.0 Calls to JAN 5 2023 383.0 Calls @ .15 credit (5.90 total now)
Rolled SPY JAN 4 2023 382.0 Call to JAN 5 2023 383.0 Call @ .20 credit (5.40 total now)
Rolled SPY JAN 4 2023 380.0 Calls to JAN 6 2023 382.0 Calls @ .15 credit (5.60 total now)
Rolled SPY JAN 4 2023 381.0 Calls to JAN 6 2023 384.0 Calls @ even (6.25 total now)
Rolled SPY JAN 4 2023 381.0 Call to JAN 6 2023 384.0 Call @ even (7.45 total now)
SPY
#CoveredCalls – Try again tomorrow.
Rolled SPY JAN 3 2023 378.0 Calls to JAN 4 2023 380.0 Calls @ .15 debit (5.45 total now)
Rolled SPY JAN 3 2023 379.0 Calls to JAN 4 2023 381.0 Calls @ .25 credit (6.25 total now)
Rolled SPY JAN 3 2023 380.0 Calls to JAN 4 2023 382.0 Calls @ .60 credit (5.75 total now)
Rolled SPY JAN 3 2023 380.0 Call to JAN 4 2023 382.0 Call @ .65 credit (5.20 total now)
Rolled SPY JAN 3 2023 381.0 Call to JAN 4 2023 381.0 Call @ 1.80 credit (7.45 total now)
RSX XBI
#ShortPuts #CoveredCalls #SyntheticStock – A little bit of each.
RSX: Took a small shot back at the beginning of the “military operation”.
Originally: Sold 2 RSX JAN 20 2023 30.0/10.0 Bull Put Spreads @ 17.00
Assigned stock on the short puts a few months ago. Exercised the long 10 puts this morning. Net loss of 3.00 on the lottery tickets. Could have been a lot worse.
XBI: Booking the short puts and replacing with synthetic stock/disaster put.
Bought to Close XBI JAN 6 2023 80.0 Put @ .55 (sold for 1.08)
Bought to Close XBI JAN 6 2023 80.5 Put @ .67 (sold for 1.25)
Bought to Close XBI JAN 6 2023 81.0 Puts @ .82 (sold for 1.70)
Bought to Close XBI JAN 6 2023 81.5 Puts @ 1.00 (sold for 1.85)
Bought XBI JAN 17 2025 85.0/85.0/50.0 Synthetic Stock @ 6.50, 6.25, 6.00, and 5.00
Synthetic Covered:
Sold XBI JAN 13 2023 83.5 Calls @ 2.00
RSX
Date: December 28, 2022
Subject: VanEck Russia ETF – Anticipated Liquidation/Anticipated Adjustment
Option Symbol: RSX
Date: ???
Background: On September 20, 2022, the Board of VanEck ETF Trust (“Board”) approved the Plan of
Liquidation and Termination of Series (“Plan”) for the VanEck Russia ETF (RSX). On December 28, 2022
(“Effective Date”), the Plan became effective.
As stated in the Plan filed with the U.S. Securities and Exchange Commission as Exhibit C to the
Application for an Order Pursuant to 22(e)(3) of the Investment Company Act of 1940 and dated
December 28, 2022, VanEck ETF Trust intends to convert all of the portfolio securities of RSX not already
converted to cash or cash equivalents into cash or cash equivalents. RSX intends to distribute all of its
remaining assets (after discharge of its liabilities and expenses) in one or more liquidating distributions
(“Liquidating Distributions”) on a pro rata basis to RSX ETF holders between the Effective Date and the
Termination Date. As described in the Plan, the Termination Date is December 31, 2023, subject to
amendment.
It is expected that the CBOE BZX Exchange will delist RSX shares on or about January 12, 2023, when
RSX is expected to make its initial Liquidating Distribution.
The Liquidating Distributions will likely be in the form of cash but may be in the form of other property as
described in the Plan.
Contract Adjustment
The option symbol RSX will not change.
Date: Anticipated to be on or about January 12, 2023
New Deliverable
Per Contract: 100 x the value of the Liquidating Distribution amount(s), if any, received by
RSX ETF holders as described in the Plan.
The Liquidating Distribution(s) may be distributed in the form of cash or other property.
Delayed Settlement
RSX options will be subject to delayed settlement, effective December 28, 2022, until the value of the
Liquidating Distribution(s) is determined. Existing broker-to-broker obligations in RSX options will remain
subject to broker-to-broker settlement.
SPY XBI
#CoveredCalls – Almost got low enough but not quite. A few rolls.
SPY:
Rolled SPY DEC 30 2022 377.0 Calls to JAN 3 2023 378.0 Calls @ .10 credit (5.60 total now)
Rolled SPY DEC 30 2022 379.0 Calls to JAN 3 2023 379.0 Calls @ 1.25 credit (6.05 total now)
Rolled SPY DEC 30 2022 379.0 Call to JAN 3 2023 380.0 Call @ .20 credit (4.55 total now)
Rolled SPY DEC 30 2022 380.0 Calls to JAN 3 2023 380.0 Calls @ 1.45 credit (5.15 total now)
Rolled SPY DEC 30 2022 380.0 Call to JAN 3 2023 381.0 Call @ .35 credit (4.45 total now)
Rolled SPY DEC 30 2022 375.0 Calls to JAN 6 2023 378.0 Calls @ even (6.10 total now)
Rolled SPY DEC 30 2022 376.0 Calls to JAN 6 2023 378.0 Calls @ 1.20 credit (7.55 total now)
Rolled SPY DEC 30 2022 377.0 Calls to JAN 6 2023 381.0 Calls @ .05 credit (5.65 total now)
XBI:
Rolled XBI DEC 30 2022 80.0 Calls to JAN 6 2023 81.0 Calls @ .10 credit (3.25 total now)
AMZN
#SyntheticCoveredCalls – A few more.
Bought to Close AMZN DEC 30 2022 88.0 Calls @ .05 (sold for 1.20)
Bought to Close AMZN DEC 30 2022 89.0 Calls @ .05 (sold for 1.00)
Bought to Close AMZN DEC 30 2022 90.0 Calls @ .05 (sold for 1.15)
Bought to Close AMZN JAN 6 2023 91.0 Calls @ .18 (sold for 1.12)
Sold AMZN JAN 6 2023 86.0 Calls @ .90
Sold AMZN JAN 13 2023 89.0 Calls @ .95
Sold AMZN JAN 13 2023 90.0 Calls @ .75
AMZN NVDA SPY TLT
#SyntheticCoveredCalls #CoveredCalls #ShortPuts – A few.
AMZN: Adding.
Sold AMZN JAN 6 2023 87.0 Calls @ 1.22
Sold AMZN JAN 6 2023 88.0 Calls @ .95
NVDA: Adding.
Sold NVDA JAN 20 2023 150.0 Call @ 5.28
SPY: Bringing some of the short calls back into weekly selling. Leaving one Jan DITM out there though.
Bought to Close SPY JAN 20 2023 350.0 Calls @ 32.75 (sold for 36.50)
Bought to Close SPY JAN 20 2023 350.0 Calls @ 33.20 (sold for 33.45 avg)
Rolled SPY DEC 27 2022 374.0 Calls to DEC 30 2022 375.0 Calls @ .40 credit (6.10 total now)
Rolled SPY DEC 27 2022 375.0 Calls to DEC 30 2022 376.0 Calls @ .55 credit (6.35 total now)
Rolled SPY JAN 20 2023 391.0 Call to DEC 30 2022 379.0 Call @ .30 credit (4.35 total now)
Sold SPY DEC 30 2022 377.0 Calls @ 5.60
Sold SPY DEC 30 2022 377.0 Calls @ 5.50
TLT: Roll down for additional credit.
Rolled TLT JAN 20 2023 111.0 Calls to JAN 20 2023 106.0 Calls @ .47 credit (1.10 total now)
SPY
#CoveredCalls – A few. Possibly over aggressive on new sales but still like the downside help.
Bought to Close SPY DEC 23 2022 387.0 Calls @ .05 (sold for 2.15)
Bought to Close SPY DEC 23 2022 387.5 Calls @ .05 (sold for 2.03 and 2.13)
Sold SPY DEC 27 2022 374.0 Calls @ 5.70
Sold SPY DEC 27 2022 375.0 Calls @ 5.80
TQQQ XBI
#ShortPuts #CoveredCalls – A few today.
TQQQ: Covered.
Bought to Close TQQQ DEC 23 2022 20.5 Calls @ .01 (sold for .26)
XBI: Adding and rolling covered.
Sold XBI JAN 6 2023 81.0 Put @ 2.00
Sold XBI JAN 6 2023 81.5 Put @ 2.10
Rolled XBI DEC 23 2022 79.5 Calls to DEC 30 2022 80.0 Calls @ .20 credit (3.20 total now)
XBI
#ShortPuts – Just doesn’t feel right without some of it in this account. Small starter to give Mr. Market a target. 🙂 🙂
Sold XBI JAN 6 2023 80.0 Put @ 1.08
Sold XBI JAN 6 2023 80.5 Put @ 1.25
Sold XBI JAN 6 2023 81.0 Put @ 1.40
Sold XBI JAN 6 2023 81.5 Put @ 1.60
AMZN NVDA XBI
#SyntheticCoveredCalls #ShortPuts – A few.
AMZN: Synthetically covered.
Bought to Close AMZN DEC 23 2022 92.0 Calls @ .06 (sold for .85)
Bought to Close AMZN DEC 23 2022 93.0 Calls @ .05 (sold for .71)
Bought to Close AMZN DEC 30 2022 95.0 Calls @ .14 (sold for 1.40)
Sold AMZN DEC 30 2022 88.0 Call @ 1.39
Sold AMZN DEC 30 2022 89.0 Call @ 1.02
Sold AMZN DEC 30 2022 90.0 Call @ .74
Sold AMZN JAN 6 2023 91.0 Calls @ 1.12
NVDA: Maybe too early but taking advantage of the bounce to roll out a week and down.
Rolled NVDA DEC 23 2022 167.5 Puts to DEC 30 2022 165.0 Put @ .10 credit (4.70 total now)
XBI: Nice bounce today. Exiting all short puts in one account. Definitely looking to pile back in on any weakness.
Bought to Close XBI DEC 23 2022 82.0 Puts @ .41 (sold for 2.20)
Bought to Close XBI DEC 23 2022 82.5 Puts @ .57 (sold for 2.05)
Bought to Close XBI DEC 23 2022 83.0 Puts @ .77 (sold for 2.05)
Bought to Close XBI DEC 23 2022 83.5 Puts @ 1.07 (sold for 2.55)
AMZN
#SyntheticCoveredCalls – A few more.
Sold AMZN DEC 30 2022 89.0 Calls @ 1.00
AMZN
#SyntheticCoveredCalls – A couple.
Bought to Close AMZN DEC 23 2022 95.0 Call @ .05 (sold for 1.00)
Sold AMZN DEC 30 2022 88.0 Calls @ 1.15
/ES Futures
#BearPutSpreads – Since I’m still net long overall throwing a futures hedge out there to help a little on any further downside. I would probably close these early if we recover above the 50 day for a few days.
Bought /ES MAR 23 3500/3300 Bear Put Spreads @ 29.00
SPY
#CoveredCalls – Also right after the open added quite a few short deltas.
Sold SPY DEC 23 2022 387.5 Call @ 2.00
Sold SPY JAN 20 2023 350.0 Calls @ 36.50
Rolled SPY JAN 20 2023 390.0 Call to JAN 20 2023 350.0 Call @ 29.05 credit (31.75 total now)
Rolled SPY JAN 20 2023 395.0 Call to JAN 20 2023 350.0 Call @ 31.30 credit (35.20 total now)
AMZN
#SyntheticCoveredCalls – Added earlier.
Sold AMZN DEC 30 2022 90.0 Calls @ 1.25
COST MSFT SNOW
#ShortPuts #JadeLizards – All profitable tickers YTD but didn’t feel like carrying the risk into the new year so right at the open:
COST:
Bought to Close COST JAN 20 2023 430/500/505 Jade Lizard @ 5.60 (sold for 6.50)
MSFT:
Bought to Close MSFT DEC 30 2022 242.5 Put @ 4.18 (sold for 2.25)
SNOW:
Bought to Close SNOW DEC 30 2022 135.0 Put @ 3.50 (sold for 2.45)
AMZN NVDA SPY TQQQ XBI
#ShortPuts #CoveredCalls #SyntheticStock #SyntheticCoveredCalls – A few today.
AMZN: Another round selling against synthetic stock in 2025.
Bought to Close AMZN DEC 16 2022 93.0 Calls @ .01 (sold for 1.45)
Bought to Close AMZN DEC 16 2022 94.0 Calls @ .01 (sold for 1.20)
Bought to Close AMZN DEC 16 2022 97.0 Call @ .01 (sold for 1.93)
Bought to Close AMZN DEC 16 2022 98.0 Call @ .01 (sold for 1.60)
Sold AMZN DEC 23 2022 92.0 Calls @ .85
NVDA:
Rolled NVDA DEC 16 2022 167.5 Put to DEC 23 2022 165.0 Put @ 1.70 credit (15.80 total now)
Rolled NVDA DEC 16 2022 170.0 Puts to DEC 23 2022 167.5 Puts @ 1.00 credit (4.60 total now)
SPY: Rolled some, took assignment on some. Also with the big pullback I was able to get a lot of my short calls back at a profit and then re-sell them closer in time. Unfortunately I had to roll them earlier in the week due to dividend risk.
Bought to Close SPY JAN 6 2023 401.0 Call @ 1.18 (sold for 5.00)
Bought to Close SPY JAN 13 2023 396.0 Call @ 3.64 (sold for 4.40)
Bought to Close SPY JAN 13 2023 397.0 Call @ 3.32 (sold for 3.50)
Bought to Close SPY JAN 20 2023 392.0 Calls @ 5.85 (sold for 5.95)
Bought to Close SPY JAN 20 2023 393.0 Call @ 5.45 (sold for 5.75)
Sold SPY DEC 23 2022 387.0 Call @ 2.15
Sold SPY DEC 23 2022 387.5 Calls @ 2.13
Sold SPY DEC 23 2022 387.5 Calls @ 2.03
Rolled SPY DEC 16 2022 402.0 Put to JAN 20 2023 400.0 Put @ .20 debit (2.15 total now)
Rolled SPY DEC 16 2022 405.0 Puts to JAN 20 2023 404.0 Puts @ .05 debit (21.25 and 6.15 total now)
TQQQ: Another round.
Bought to Close TQQQ DEC 16 2022 21.0 Calls @ .01 (sold for .55)
Sold TQQQ DEC 23 2022 20.5 Calls @ .26
XBI: Taking the entire ladder down one strike.
Rolled XBI DEC 16 2022 82.5 Puts to DEC 23 2022 82.0 Puts @ .33 credit (2.20 total now)
Rolled XBI DEC 16 2022 83.0 Puts to DEC 23 2022 82.5 Puts @ .20 credit (2.05 total now)
Rolled XBI DEC 16 2022 83.5 Puts to DEC 23 2022 83.0 Puts @ .10 credit (2.05 total now)
Rolled XBI DEC 16 2022 84.0 Puts to DEC 23 2022 83.5 Puts @ even (2.55 total now)
ADBE Earnings
#ShortPuts – When I originally sold this I forgot about earnings so stepping aside for now with beer money. Definitely looking for something post earnings on an even bigger pullback.
Bought to Close ADBE DEC 30 2022 300.0 Put @ 4.20 (sold for 4.75)
AMZN NVDA SOXL SPY XBI
#ShortPuts #CoveredCalls #SyntheticStock – A few today.
AMZN: Rolled disaster puts down for a credit. Used the proceeds to add to the 2025 position.
Rolled AMZN JAN 17 2025 50.0 Puts to JAN 17 2025 45.0 Puts @ .90 credit
Then:
Sold AMZN JAN 17 2025 95.0 Put / Bought JAN 17 2025 95.0 Call @ 1.47 debit
And:
Sold AMZN DEC 23 2022 93.0 Calls @ .71
NVDA: Nice pullback for a DITM covered call roll.
Rolled NVDA DEC 16 2022 145.0 Calls to JAN 20 2023 150.0 Calls @ even (1.75 and 1.95 total now)
SOXL:
Rolled SOXL DEC 16 2022 10.0 Calls to JAN 20 2023 11.0 Calls @ .02 credit
SPY: One day roll since there’s still a lot of premium tomorrow.
Rolled SPY DEC 15 2022 405.0 Puts to DEC 16 2022 404.0 Puts @ .77 credit (3.40 total now)
XBI: Might have rolled this too soon. Covered.
Rolled XBI DEC 16 2022 79.0 Calls to DEC 23 2022 79.5 Calls @ .40 credit (2.95 total now)
SPY
#ShortPuts – A few rolls to Friday.
Rolled SPY DEC 14 2022 403.0 Put to DEC 16 2022 400.0 Put @ .55 credit
Rolled SPY DEC 14 2022 404.0 Put to DEC 16 2022 401.0 Put @ .20 credit
Rolled SPY DEC 14 2022 405.0 Puts to DEC 16 2022 402.0 Puts @ even
AMZN
#SyntheticCoveredCalls – A couple.
Sold AMZN DEC 23 2022 95.0 Call @ 1.00
Sold AMZN DEC 30 2022 95.0 Calls @ 1.40
XBI
#ShortPuts – Thinning the herd before the fun begins. LOL
Bought to Close XBI DEC 16 2022 80.0 Puts @ .30 (sold for 2.10)
SPY
#ShortPuts – Took awhile but got it back for a nickel finally.
Bought to Close SPY DEC 13 2022 400.0 Puts @ .05 (sold for 3.02)
Sold SPY DEC 14 2022 403.0 Put @ 4.23
Sold SPY DEC 14 2022 404.0 Put @ 4.77
AMZN MSFT SNOW SPY TLT XBI
#ShortPuts #CoveredCalls – A few today.
AMZN: A couple stragglers. Rolled on the opening pop.
Rolled AMZN DEC 16 2022 100.0 Put to JAN 20 2023 97.0 Put @ .15 credit (2.40 total now)
Rolled AMZN DEC 16 2022 105.0 Put to JAN 20 2023 105.0 Put @ .85 credit (4.15 total now)
MSFT: Out early and then back in.
Bought to Close MSFT DEC 30 2022 240.0 Put @ .65 (sold for 3.60)
Sold MSFT DEC 30 2022 242.5 Put @ 2.25
SNOW: Out early and then back in.
Bought to Close SNOW DEC 30 2022 130.0 Put @ .85 (sold for 3.40)
Sold SNOW DEC 30 2022 135.0 Put @ 2.45
SPY:
Closing:
Bought to Close SPY DEC 13 2022 396.0 Puts @ .05 (sold for 3.85 and 4.15)
Bought to Close SPY DEC 13 2022 397.0 Puts @ .05 (sold for 4.40 and 6.25)
Opening: Way too early.
Sold SPY DEC 14 2022 405.0 Puts @ 2.35
Sold SPY DEC 15 2022 405.0 Puts @ 2.65
Rolling for extra credit:
Rolled SPY DEC 16 2022 400.0 Puts to DEC 16 2022 405.0 Puts @ 1.52 credit (21.30 total now)
Rolled SPY DEC 16 2022 400.0 Put to DEC 16 2022 405.0 Put @ 1.52 credit (6.20 total now)
Rolling short calls on the pullback due to dividend risk this week:
Rolled SPY DEC 13 2022 395.0 Call to JAN 6 2023 401.0 Call @ .11 credit (5.00 total now)
Rolled SPY DEC 16 2022 391.0 Call to JAN 13 2023 396.0 Call @ .50 credit (4.45 total now)
Rolled SPY DEC 16 2022 392.0 Call to JAN 13 2023 397.0 Call @ .65 credit (3.50 total now)
Rolled SPY DEC 16 2022 385.0 Call to JAN 20 2023 390.0 Call @ .30 credit (2.75 total now)
Rolled SPY DEC 16 2022 386.0 Call to JAN 20 2023 391.0 Call @ .20 credit (4.05 total now)
Rolled SPY DEC 16 2022 386.0 Call to JAN 20 2023 391.0 Call @ .40 credit (4.30 total now)
Rolled SPY DEC 16 2022 386.0 Call to JAN 20 2023 391.0 Call @ .40 credit (5.10 total now)
Rolled SPY DEC 16 2022 387.0 Call to JAN 20 2023 392.0 Call @ .43 credit (4.40 total now)
Rolled SPY DEC 16 2022 387.0 Call to JAN 20 2023 392.0 Call @ .43 credit (7.45 total now)
Rolled SPY DEC 16 2022 387.0 Call to JAN 20 2023 392.0 Call @ .60 credit (4.05 total now)
Rolled SPY DEC 16 2022 387.0 Call to JAN 20 2023 392.0 Call @ .60 credit (3.75 total now)
Rolled SPY DEC 16 2022 388.0 Call to JAN 20 2023 393.0 Call @ .83 credit (5.75 total now)
Rolled SPY DEC 16 2022 389.0 Call to JAN 20 2023 395.0 Call @ .25 credit (3.90 total now)
TLT: Taking it a few days early before JP says something crazy.
Bought to Close TLT DEC 16 2022 105.0 Puts @ .18 (sold for 6.45)
XBI: Taking small loss for safety. Sold against a bunch of short puts.
Bought to Close XBI DEC 16 2022 84.0 Calls @ .80 (sold for .61)
SPY and VIX
Tried replying to Iceman twice and both posts disappeared while waiting approval. Seems to be working here though. Following up on his thoughts…SPY IV Tue thru Mon and also interesting spot VIX spike today while futures stayed flat to down. Definitely a binary week!
XBI
#ShortStrangles – Selling against a few of my short puts. No extra margin required.
Sold XBI DEC 16 2022 84.0 Calls @ .61
XBI
#CoveredCalls – After quite a few rolls for additional credit finally got ’em all back. Started new round also.
Bought to Close XBI DEC 9 2022 80.5 Calls @ .05 (sold for 4.05)
Sold XBI DEC 16 2022 79.0 Calls @ 2.57
COST
#JadeLizards – One early fill.
Sold COST JAN 20 2023 430/500/505 Jade Lizard @ 6.50
NVDA SPY
#ShortPuts #CoveredCalls #ShortCalls – A few on the bounce. A little early on some.
NVDA:
Rolled NVDA DEC 9 2022 172.5 Puts to DEC 16 2022 170.0 Puts @ .25 credit (3.65 total now)
Rolled NVDA DEC 9 2022 170.0 Put to DEC 16 2022 167.5 Put @ 1.00 credit (14.10 total now)
SPY:
Rolled SPY DEC 9 2022 400.0 Puts to DEC 13 2022 396.0 Puts @ even (4.15 and 3.85 total now)
Rolled SPY DEC 9 2022 400.0 Puts to DEC 13 2022 397.0 Puts @ .40 credit (6.25 and 4.40 total now)
Sold SPY DEC 13 2022 395.0 Call @ 4.90
Next Week
TBT
#SyntheticShortStock (covered) – Stock has imploded to the 200 day already so taking the rest of it off here.
Sold to Close TBT JAN 17 2025 34.0/34.0 Synthetic Short Stock @ 6.80 (set the position for .54 debit)
Bought to Close TBT DEC 16 2022 28.5 Puts @ 1.58 (sold for .84)
AMZN XBI
#SyntheticCoveredCalls #ShortPuts – A few.
AMZN: Full position next week now. (plus a couple extra for good measure 🙂 🙂 )
Bought to Close AMZN DEC 9 2022 95.0 Calls @ .11 (sold for 1.60)
Bought to Close AMZN DEC 9 2022 96.0 Calls @ .08 (sold for 1.20)
Sold AMZN DEC 16 2022 93.0 Calls @ 1.45
XBI: Taking advantage of the small bounce and great premium next week. Rolling down a strike on the entire ladder. Still sitting on a bunch of covered calls at 80.50 strike this week with a ton of accumulated premium so under that wouldn’t be bad either.
Rolled XBI DEC 9 2022 83.0 Puts to DEC 16 2022 82.5 Puts @ .79 credit (1.87 total now)
Rolled XBI DEC 9 2022 83.5 Puts to DEC 16 2022 83.0 Puts @ .72 credit (1.87 total now)
Rolled XBI DEC 9 2022 84.0 Puts to DEC 16 2022 83.5 Puts @ .63 credit (1.96 total now)
Rolled XBI DEC 9 2022 84.5 Puts to DEC 16 2022 84.0 Puts @ .52 credit (2.53 total now)
TSLA
#CoveredCalls – Risk reduction. Stopped out at tiny gain.
Sold TSLA Covered Stock @ 161.90 (basis 161.55)
AMZN
#SyntheticStock – Added one spread at the 100 strike with a disaster put.
Bought AMZN JAN 17 2025 100.0 Call/Sold JAN 17 2025 100.0 Put/Bought JAN 17 2025 50.0 Put @ .55 debit
And:
Sold AMZN DEC 16 2022 93.0 Call @ 1.30 against the new position.
AMZN SVXY TBT
#SyntheticCoveredCalls #BullPutSpreads #SyntheticShortStock – A few.
AMZN: This week looks good so selling part of next week.
Sold AMZN DEC 16 2022 94.0 Calls @ 1.20
SVXY: Taking it 45 days early.
Bought to Close SVXY JAN 20 2023 60.0/50.0 Bull Put Spread @ 3.00 (sold for 6.25)
TBT: Taking off the covered portion of short position and covering the rest.
Net gain of 3.10 per spread:
Sold to Close 6 TBT JAN 17 2025 36.0/36.0 Synthetic Short Stock @ 7.50 (bought for .32 credit)
Bought to Close 3 TBT DEC 16 2022 33.0 Puts @ 4.45 (sold for .35)
Bought to Close 3 TBT DEC 16 2022 34.0 Puts @ 5.40 (sold for .05)
Covering the rest of the shorts:
Sold TBT DEC 16 2022 28.5 Puts @ .84
SPY
#ShortPuts – Roll up for extra credit.
Rolled SPY DEC 16 2022 390.0 Puts to DEC 16 2022 400.0 Puts @ 3.30 credit (19.80 total now)
ADBE AMZN MSFT SNOW SPX SPY TLT XBI
#ShortPuts #CoveredCalls #SyntheticCoveredCalls – A few today.
ADBE: Back in it again. I didn’t realize this is after earnings or might have waited.
Sold ADBE DEC 30 2022 300.0 Put @ 4.75
AMZN: Down to the wire on these again. Sold against synthetic stock.
Bought to Close AMZN DEC 2 2022 94.0 Calls @ .65 (sold for 2.05)
Bought to Close AMZN DEC 2 2022 95.0 Calls @ .05 (sold for 1.60)
Bought to Close AMZN DEC 2 2022 96.0 Calls @ .05 (sold for 1.22)
Sold AMZN DEC 9 2022 95.0 Calls @ 1.60
Sold AMZN DEC 9 2022 96.0 Calls @ 1.20
Sold AMZN DEC 16 2022 97.0 Call @ 1.93
Sold AMZN DEC 16 2022 98.0 Call @ 1.60
MSFT: Back in it again.
Sold MSFT DEC 30 2022 240.0 Put @ 3.60
SNOW: First time in this one in quite awhile.
Sold SNOW DEC 30 2022 130.0 Put @ 3.40
SPX: Didn’t get the pullback that was needed so bailed for beer money.
Sold SPX DEC 2 2022 3990.0/4000.0/4010.0 Put Butterflies @ .55 (bought for .45)
SPY: Closing, opening, and rolling for credit. Call rolls on the early dip also.
Bought to Close SPY DEC 2 2022 400.0 Put @ .05 (sold for 6.05)
Bought to Close SPY DEC 2 2022 400.0 Put @ .05 (sold for 5.50)
Bought to Close SPY DEC 2 2022 400.0 Put @ .05 (sold for 3.25)
Sold Tue before Fed day. Hoping to get good premium on the Friday after this also.
Sold SPY DEC 13 2022 400.0 Puts @ 3.02
Rolled SPY DEC 9 2022 392.5 Put to DEC 9 2022 400.0 Put @ 1.40 credit (3.85 total now)
Rolled SPY DEC 9 2022 395.0 Put to DEC 9 2022 400.0 Put @ 1.09 credit (4.15 total now)
Rolled SPY DEC 9 2022 387.0 Call to DEC 16 2022 389.0 Call @ even (3.65 total now)
TLT: Covered calls taking heat so short TBT is making bank.
Rolled TLT DEC 16 2022 107.0 Calls to JAN 20 2023 111.0 Calls @ even (.64 total now)
XBI: Another good week in this one.
Bought to Close XBI DEC 2 2022 82.0 Puts @ .05 (sold for 3.15)
Bought to Close XBI DEC 2 2022 82.5 PutS @ .05 (sold for 5.40)
Bought to Close XBI DEC 2 2022 83.0 Puts @ .05 (sold for 5.30)
Bought to Close XBI DEC 2 2022 83.5 Puts @ .05 (sold for 3.40)
Bought to Close XBI DEC 2 2022 84.0 Puts @ .05 (sold for 4.85)
Sold XBI DEC 9 2022 83.0 Puts @ 1.08
Sold XBI DEC 9 2022 83.5 Puts @ 1.15
Sold XBI DEC 9 2022 84.0 Puts @ 1.33
Sold XBI DEC 9 2022 84.5 Puts @ 2.00
Covered. Adding more upside.
Rolled XBI DEC 2 2022 80.0 Calls to DEC 9 2022 80.5 Calls @ .40 credit (4.05 total now)
SPY TBT
#ShortPuts #CoveredCalls #LongPuts – A few.
SPY: Roll up for additional credit and a new sale.
Rolled SPY DEC 9 2022 395.0 Puts to DEC 9 2022 400.0 Puts @ .84 credit (4.00 and 5.90 total now)
Sold SPY DEC 16 2022 400.0 Put @ 4.70
TBT: Closing long puts. Keeping synthetic short stock in a different account.
Sold TBT JAN 17 2025 30.0 Puts @ 7.10 (bought for 6.10 average)
SPX
#PutButterflies – Just for fun.
Bought SPX DEC 2 2022 3990.0/4000.0/4010.0 Put Butterflies @ .45
SPY
#CoveredCalls – A good day for some call rolling.
Rolled SPY DEC 2 2022 383.0 Call to DEC 16 2022 386.0 Call @ .20 credit (4.70 total now)
Rolled SPY DEC 2 2022 383.0 Call to DEC 16 2022 386.0 Call @ .14 credit (3.90 total now)
Rolled SPY DEC 2 2022 384.0 Call to DEC 16 2022 387.0 Call @ .32 credit (3.15 total now)
Rolled SPY DEC 2 2022 384.0 Call to DEC 16 2022 387.0 Call @ .30 credit (7.05 total now)
Rolled SPY DEC 2 2022 384.0 Call to DEC 16 2022 387.0 Call @ .30 credit (4.00 total now)
Rolled SPY DEC 2 2022 385.0 Call to DEC 16 2022 388.0 Call @ .50 credit (4.95 total now)
Rolled SPY DEC 2 2022 387.0 Call to DEC 16 2022 391.0 Call @ .12 credit (3.90 total now)
Rolled SPY DEC 2 2022 388.0 Call to DEC 16 2022 392.0 Call @ .25 credit (2.85 total now)
AMZN MSFT SPY TSLA XBI
#ShortPuts #CoveredCalls #SyntheticCoveredCalls – A few today.
AMZN: Down to the wire on these. Sold against synthetic stock.
Bought to Close AMZN NOV 25 2022 93.0 Calls @ .95 (sold for 1.20)
Bought to Close AMZN NOV 25 2022 94.0 Calls @ .10 (sold for 1.75)
Sold AMZN DEC 2 2022 94.0 Calls @ 2.05
Sold AMZN DEC 2 2022 95.0 Calls @ 1.60
Sold AMZN DEC 2 2022 96.0 Calls @ 1.22
MSFT: Taking it three weeks early.
Bought to Close MSFT DEC 16 2022 230.0 Put @ 1.50 (sold for 5.00)
SPY: A few adjustments and a new sale.
Rolled SPY DEC 2 2022 385.0 Put to DEC 2 2022 400.0 Put @ 2.37 credit (5.50 total now)
Rolled SPY DEC 2 2022 390.0 Put to DEC 2 2022 400.0 Put @ 2.06 credit (6.05 total now)
Rolled SPY DEC 23 2022 375.0 Put to DEC 9 2022 395.0 Put @ .64 credit (5.05 total now)
Sold SPY DEC 2 2022 400.0 Put @ 3.25
TSLA: Covered.
Rolled TSLA NOV 25 2022 160.0 Call to DEC 16 2022 165.0 Call @ .30 credit (17.70 total now)
XBI: Finishing a few rolls.
Rolled XBI NOV 25 2022 79.5 Calls to DEC 2 2022 80.0 Calls @ .65 credit (3.15 total now)
Rolled XBI NOV 25 2022 82.0 Puts to DEC 2 2022 82.0 Puts @ 1.00 credit (3.15 total now)
Rolled XBI NOV 25 2022 82.5 Puts to DEC 2 2022 82.5 Puts @ .90 credit (5.40 total now)
NVDA SPY XBI
#CoveredCalls #ShortPuts – Finally catching up on last two days.
NVDA: Not my best rolls considering the ongoing rally.
Rolled NVDA NOV 25 2022 165.0 Put to DEC 16 2022 162.5 Put @ 1.20 credit (12.65 total now)
Rolled NVDA NOV 25 2022 167.5 Puts to DEC 16 2022 165.0 Puts @ .30 credit (2.70 total now)
SPY: Closed short puts, opened short puts, rolled puts for more credit and rolled calls out and up.
Bought to Close SPY NOV 23 2022 397.0 Put @ .05 (sold for 3.42)
Bought to Close SPY NOV 25 2022 390.0 Put @ .05 (sold for 3.00)
Bought to Close SPY NOV 25 2022 393.0 Put @ .10 (sold for 3.57)
Bought to Close SPY NOV 25 2022 394.0 Put @ .12 (sold for 3.96)
Sold SPY DEC 9 2022 392.5 Put @ 2.45
Sold SPY DEC 9 2022 395.0 Put @ 3.05
Sold SPY DEC 9 2022 395.0 Put @ 3.15
Rolled SPY DEC 16 2022 380.0 Puts to DEC 16 2022 390.0 Puts @ 2.00 credit (16.50 total now)
Rolled SPY NOV 25 2022 385.0 Call to DEC 9 2022 387.0 Call @ .05 credit (3.65 total now)
Rolled SPY NOV 25 2022 384.0 Call to DEC 16 2022 387.0 Call @ .41 credit (3.45 total now)
XBI: Rolling covered calls down for additional credit and rolling highest strike puts.
Rolled XBI NOV 25 2022 81.0 Calls to NOV 25 2022 79.5 Calls @ .55 credit (3.05 total now)
Rolled XBI NOV 25 2022 83.0 Puts to DEC 2 2022 83.0 Puts @ .90 credit (4.60 total now)
Rolled XBI NOV 25 2022 83.5 Puts to DEC 2 2022 83.5 Puts @ .80 credit (3.40 total now)
Rolled XBI NOV 25 2022 84.0 Puts to DEC 2 2022 84.0 Puts @ .67 credit (4.80 total now)
AMZN TSLA
#Covered Calls #SyntheticCoveredCalls – A couple roll downs for additional premium.
AMZN:
Rolled AMZN NOV 25 2022 98.0 Calls to NOV 25 2022 94.0 Calls @ .60 credit (1.75 total now)
TSLA:
Rolled TSLA NOV 25 2022 170.0 Call to NOV 25 2022 160.0 Call @ 6.50 credit (17.40 total now)
AMZN NVDA SPY TSLA XBI
#ShortPuts #CoveredCalls #SyntheticCoveredCalls – A few today.
AMZN: Sold against synthetic stock.
Bought to Close AMZN NOV 18 2022 100.0 Calls @ .01 (sold for 1.40)
Sold AMZN NOV 25 2022 98.0 Calls @ 1.15
NVDA: Rolling.
Rolled NVDA NOV 18 2022 165.0 Put to NOV 25 2022 165.0 Put @ 1.30 credit (11.45 total now)
Rolled NVDA NOV 18 2022 167.5 Puts to NOV 25 2022 167.5 Puts @ .90 credit (2.40 total now)
SPY: A few.
Bought to Close SPY NOV 18 2022 390.0 Put @ .05 (sold for 3.50)
Bought to Close SPY NOV 18 2022 395.0 Put @ .05 (sold for 3.25)
Sold SPY NOV 23 2022 397.0 Put @ 3.42
Sold SPY DEC 2 2022 390.0 Put @ 4.00
Sold SPY DEC 23 2022 375.0 Put @ 4.40
TSLA: Stock will be assigned from a Jade Lizard @ 179.25. Selling ITM call for extra downside help.
Sold TSLA NOV 25 2022 170.0 Call @ 10.90
XBI: Rolling for nice credit
Rolled XBI NOV 18 2022 80.5 Calls to NOV 25 2022 81.0 Calls @ .93 credit (2.50 total now)
Rolled XBI NOV 18 2022 82.0 Puts to NOV 25 2022 82.0 Puts @ .95 credit (2.15 total now)
Rolled XBI NOV 18 2022 82.5 Puts to NOV 25 2022 82.5 Puts @ .85 credit (4.50 total now)
Rolled XBI NOV 18 2022 83.0 Puts to NOV 25 2022 83.0 Puts @ .75 credit (4.45 total now)
Rolled XBI NOV 18 2022 83.5 Puts to NOV 25 2022 83.5 Puts @ .60 credit (2.60 total now)
Rolled XBI NOV 18 2022 84.0 Puts to NOV 25 2022 84.0 Puts @ .52 credit (4.15 total now)
AMZN NVDA
#CoveredCalls #SyntheticCoveredCalls – A few rolls on the morning weakness.
AMZN:
Rolled AMZN NOV 18 2022 92.0 Calls to NOV 25 2022 93.0 Calls @ .12 credit (1.20 total now)
NVDA:
Rolled NVDA NOV 18 2022 140.0 Calls to DEC 16 2022 145.0 Calls @ .31 credit (1.85 total now)
Rolled NVDA NOV 18 2022 140.0 Calls to DEC 16 2022 145.0 Calls @ .43 credit (1.90 total now)
SPY TBT TLT
#ShortPuts #CoveredCalls #SyntheticCoveredPuts – A few adjustments.
SPY: Sold covered stock instead of letting it get called to take advantage of the down day with new put sales.
Sold SPY Stock @ 378.75 (covered @ 379.0 with basis of 363.40 and 372.70 plus many call sales against)
Bought to Close SPY NOV 18 2022 385.0 Put @ .33 (sold or 8.60)
Sold SPY NOV 25 2022 393.0 Put @ 3.57
Sold SPY NOV 25 2022 394.0 Put @ 3.96
TBT: Rolling. Sold against synthetic short stock.
Rolled TBT NOV 25 2022 35.5 Puts to DEC 16 2022 34.0 Puts @ .65 debit (.05 total now)
TLT: Covered.
Sold TLT DEC 16 2022 107.0 Calls @ .64
TBT TLT XBI
#ShortPuts #SyntheticCoveredCalls – A couple minor adjustments.
TBT: Rolling…sold against synthetic short stock.
Rolled TBT NOV 18 2022 35.0 Puts to DEC 16 2022 33.0 Puts @ .23 debit (.37 total now)
TLT: Turning short strangles into short puts only.
Bought to Close TLT DEC 16 2022 100.0 Calls @ 1.55
Rolled TLT DEC 16 2022 100.0 Puts to DEC 16 2022 105.0 Puts @ 3.90 credit (6.45 total now)
XBI: Best performer of the year. Starter for a brand new position in December.
Sold XBI DEC 16 2022 80.0 Puts @ 2.10
MSFT SPY TBT
#ShortPuts #SyntheticStock – A few this morning.
MSFT: Back in it.
Sold MSFT DEC 16 2022 230.0 Put @ 5.00
SPY: Adding a few.
Sold SPY NOV 18 2022 395.0 Put @ 3.25
Sold SPY NOV 25 2022 390.0 Put @ 3.00
Sold SPY DEC 2 2022 385.0 Put @ 3.11
TBT: Adding to Jan 2025 synthetic short stock:
Sold TBT JAN 17 2025 34.0 Calls – Bought TBT JAN 17 2025 34.0 Puts @ .55 debit
MSFT NVDA SOXL SPY TBT TLT TQQQ XBI
#ShortPuts #CoveredCalls #SyntheticStock #SyntheticShortStock – An interesting week. Lots of SPY covered call rolls and very nice profits on aggressive NVDA short puts. Another fun week with a little bit of eveything.
MSFT: Taking it a week early.
Bought to Close MSFT NOV 18 2022 225.0 Put @ .33 (sold for 4.40)
NVDA: Earnings next week. Staying aggressive on the put side against in the money covered calls.
Bought to Close NVDA NOV 11 2022 150.0 Put @ .05 (sold for 6.80)
Bought to Close NVDA NOV 11 2022 155.0 Puts @ .01 (sold for 14.20 and 9.15)
Sold NVDA NOV 18 2022 165.0 Put @ 10.15
Balancing out overall position slightly with earnings next week.
Bought to Close 1 NVDA NOV 18 2022 140.0 Call and Sold 2 NVDA NOV 18 2022 167.5 Puts @ 1.50 credit
SOXL: Sold against 2024 and 2025 long calls.
Rolled SOXL NOV 18 2022 9.5 Calls to DEC 16 2022 10.0 Calls @ .09 credit (.45 total now)
SPY: Got some decent rolls first thing this morning. One new sale and one assignment.
Sold SPY NOV 18 2022 390.0 Put @ 3.50
Stock called away @ 377.0 (366.0 basis and many calls sold against last few months)
Rolled SPY NOV 11 2022 378.0 Calls to NOV 18 2022 379.0 Calls @ .05 credit (3.80 and 6.65 total now)
Rolled SPY NOV 11 2022 381.0 Call to NOV 25 2022 384.0 Call @ even (3.05 total now)
Rolled SPY NOV 11 2022 382.0 Call to NOV 25 2022 385.0 Call @ .10 credit (3.60 total now)
Rolled SPY NOV 11 2022 379.0 Call to DEC 2 2022 383.0 Call @ even (3.75 total now)
Rolled SPY NOV 11 2022 379.0 Call to DEC 2 2022 383.0 Call @ .21 credit (4.50 total now)
Rolled SPY NOV 11 2022 380.0 Call to DEC 2 2022 384.0 Call @ .50 credit (2.85 total now)
Rolled SPY NOV 11 2022 380.0 Calls to DEC 2 2022 384.0 Calls @ .24 credit (3.75 and 6.75 total now)
Rolled SPY NOV 11 2022 381.0 Call to DEC 2 2022 385.0 Call @ .60 credit (4.45 total now)
Rolled SPY NOV 11 2022 382.0 Call to DEC 2 2022 387.0 Call @ .18 credit (3.85 total now)
Rolled SPY NOV 11 2022 383.0 Call to DEC 2 2022 388.0 Call @ .37 credit (2.65 total now)
Rolled SPY NOV 11 2022 377.0 Call to DEC 16 2022 385.0 Call @ even (2.45 total now)
Rolled SPY NOV 11 2022 378.0 Call to DEC 16 2022 386.0 Call @ .20 credit (3.90 total now)
TBT: Sold against synthetic short stock and 2025 long puts.
Rolled TBT NOV 11 2022 35.5 Puts to NOV 18 2022 35.0 Puts @ even (.60 total now)
Rolled TBT NOV 11 2022 36.0 Puts to NOV 25 2022 35.5 Puts @ .02 credit (.70 total now)
Bought to Close TBT NOV 11 2022 34.5 Puts @ .40 (sold for .33 stopped for small loss)
TLT: Covered and stopped at even.
Bought to Close TLT NOV 11 2022 97.5 Calls @ .45
TQQQ: Covered.
Rolled TQQQ NOV 11 2022 19.5 Calls to DEC 16 2022 21.0 Calls @ .16 credit (.55 total now)
XBI: Another good week in this one.
Bought to Close XBI NOV 11 2022 81.0 Put @ .05 (sold for 2.90)
Bought to Close XBI NOV 11 2022 81.5 Puts @ .05 (sold for 3.05)
Sold XBI NOV 18 2022 82.0 Puts @ 1.20
Sold XBI NOV 18 2022 83.5 Puts @ 2.00
Rolled XBI NOV 11 2022 79.5 Calls to NOV 18 2022 80.5 Calls @ .05 credit (1.55 total now)
SPY
#ShortPuts – Hopefully re-load on some selling tomorrow.
Bought to Close SPY NOV 11 2022 380.0 Put @ .13 (sold for 9.65)
AMZN NVDA XBI
#ShortPuts #CoveredCalls #SyntheticCoveredCalls – A little bit of everything.
AMZN: Stopped out for some gains and a new sale against Jan 2025 synthetic stock.
Bought to Close AMZN NOV 11 2022 95.0 Calls @ 1.08 (sold for 1.08)
Bought to Close AMZN NOV 11 2022 96.0 Calls @ .65 (sold for 1.42)
Sold AMZN NOV 18 2022 100.0 Calls @ 1.35
NVDA: Staying aggressive.
Rolled NVDA NOV 11 2022 145.0 Puts to NOV 11 2022 155.0 Puts @ 2.65 credit (14.20 and 9.15 total now)
XBI: Rolling my highest strike puts. Still sitting on a few lower. Stopped out of naked calls.
Bought to Close XBI NOV 11 2022 84.0 Calls @ .24 (sold for .38)
Rolled XBI NOV 11 2022 82.5 Puts to NOV 18 2022 82.5 Puts @ .80 credit (3.70 total now)
Rolled XBI NOV 11 2022 83.0 Puts to NOV 18 2022 83.0 Puts @ .70 credit (3.70 total now)
Rolled XBI NOV 11 2022 84.0 Puts to NOV 18 2022 84.0 Puts @ .62 credit (3.65 total now)
SPY
#CoveredCalls – Rolled a little too early but still decent 2 day premium.
Rolled SPY NOV 9 2022 378.0 Call to NOV 11 2022 378.0 Call @ 3.00 credit (6.59 total now)
NVDA
#ShortPuts #CoveredCalls – Earnings next week. Going aggressive for more premium.
Sold NVDA NOV 11 2022 150.0 Put @ 6.80
Rolled NVDA NOV 11 2022 140.0 Put to NOV 11 2022 145.0 Put @ 2.00 credit (11.55 total now)
Rolled NVDA NOV 11 2022 136.0 Calls to NOV 18 2022 140.0 Calls @ .10 credit (1.45 total now)
ADBE
#ShortPuts – Taking 75 percent of max from a Friday sale.
Bought to Close ADBE NOV 18 2022 270.0 Put @ 1.00 (sold for 3.80)
TSLA
#JadeLizards – Taking a shot here.
Sell TSLA NOV 18 2022 185.0/205.0/210.0 Jade Lizard @ 5.77
SPY
#CoveredCalls – Messing around with one in the Mon Wed expirations.
Rolled SPY NOV 7 2022 376.0 Call to NOV 9 2022 378.0 Call @ .20 credit (3.59 total now)
TLT XBI
#ShortStraddles #ShortCalls – A few.
TLT: Rolling short straddles for additional credit.
Rolled TLT NOV 18 2022 100.0/100.0 Straddles to DEC 16 2022 100.0/100.0 Straddles @ 1.36 credit (4.55 total now)
XBI: Selling a few against short puts.
Sold XBI NOV 11 2022 84.0 Calls @ .38
ADBE AMZN NVDA SPY TBT TLT XBI
#ShortPuts #CoveredCalls #SyntheticShortStock #SyntheticStock #SyntheticDividends – A little bit of everything.
ADBE: Back in it. Earnings not until mid Dec.
Sold ADBE NOV 18 2022 270.0 Put @ 3.80
AMZN: Sold next week’s yesterday…against 2025 synthetic stock.
Bought to Close AMZN NOV 4 2022 100.0 Calls @ .01 (sold for 2.25 and 3.00)
NVDA: A few more. Lots of different positions in this one. Closed, sold and rolled. Aggressive puts sold against an overwrite of covered calls.
Bought to Close NVDA NOV 4 2022 135.0 Put @ .05 (sold for 6.10)
Sold NVDA NOV 11 2022 145.0 Put @ 6.50
Rolled NVDA NOV 4 2022 140.0 Put to NOV 11 2022 140.0 Put @ 3.50 credit (9.55 total now)
SPY: A little bit of everything.
Bought to Close SPY NOV 4 2022 380.0 Call @ .05 (sold for 5.90)
Bought to Close SPY NOV 4 2022 384.0 Call @ .04 (sold for 2.85)
Sold SPY NOV 7 2022 376.0 Call @ 3.39
Sold SPY NOV 11 2022 382.0 Call @ 3.50
Rolled SPY NOV 4 2022 380.0 Put to NOV 11 2022 380.0 Put @ 3.75 credit (9.65 total now)
TBT: Added to Jan 2025 synthetic short stock. Selling near term against.
Sold TBT JAN 17 2025 36.0 Calls – Bought TBT JAN 17 2025 36.0 Puts @ .50 credit (synthetic short)
Bought to Close TBT NOV 4 2022 34.0 Puts @ .01 (sold for .32)
Bought to Close TBT NOV 4 2022 34.5 Puts @ .01 (sold for .43)
Sold TBT NOV 11 2022 34.5 Puts @ .33
Sold TBT NOV 11 2022 35.5 Puts @ .60
Sold TBT NOV 11 2022 36.0 Puts @ .70
TLT: Collecting another nice synthetic dividend.
Bought to Close TLT NOV 4 2022 100.0 Calls @ .01 (sold for .95)
Sold TLT NOV 11 2022 97.5 Calls @ .45
XBI: Another good week in this one
Bought to Close XBI NOV 4 2022 79.5 Calls @ .05 (sold for 2.40)
Sold XBI NOV 11 2022 79.5 Calls @ 1.50
Letting some early assignment stock go @ 78.5 (basis 78.15)
Replacing with:
Sold XBI NOV 11 2022 81.0 Put @ 2.90
Rolled XBI NOV 4 2022 81.5 Puts to NOV 11 2022 81.5 Puts @ 1.05 credit (3.05 total now)
Rolled XBI NOV 4 2022 82.5 Puts to NOV 11 2022 82.5 Puts @ .77 credit (2.90 total now)
Rolled XBI NOV 4 2022 83.0 Puts to NOV 11 2022 83.0 Puts @ .64 credit (3.00 total now)
Rolled XBI NOV 4 2022 84.0 Puts to NOV 11 2022 84.0 Puts @ .45 credit (3.05 total now)
SPY
#CoveredCalls – And finally…
Bought to Close SPY NOV 4 2022 386.0 Call @ .05 (sold for 2.30)
Sold SPY NOV 11 2022 377.0 Call @ 3.95
Options Bistro 