#ShortPuts – Looking out to July now.
SOXL: First sale in this expiration.
Sold SOXL JUL 16 2021 33.0 Put @ 2.20
TQQQ: Adding a couple.
Sold TQQQ JUL 16 2021 81.0 Put @ 2.75
Sold TQQQ JUL 16 2021 82.0 Put @ 2.95
Author Archives: fuzzballl
SOXL
#ShortPuts – More size reduction. Slightly better prices than yesterday.
Bought to Close SOXL JUN 18 2021 34.0 Put @ .70 (sold for 3.85)
Bought to Close SOXL JUN 18 2021 35.0 Put @ 1.00 (sold for 3.25)
Bought to Close SOXL JUN 18 2021 36.0 Put @ 1.30 (sold for 2.75)
TQQQ
#ShortPuts – Anchor position for hopefully a nice July ladder. Thanks @walter6871 !
Sold TQQQ JUL 16 2021 80.0 Put @ 2.27
BIIB aducanumab decision
#BullPutSpreads – IV much higher than a typical earnings announcement so taking a shot. Playing it to the upside with defined risk selling an ITM bull put spread. If it tanks then the lower the better for starting a covered call program.
Sold BIIB JUN 11 2021 300.0/270.0 Bull Put Spread @ 20.20
Trying to sell 3-4 call spreads above it somewhere to help with basis reduction on an implosion but to still preserve some decent profits to the upside. Sort of an unbalanced iron jade condor lizard 🙂 🙂
https://www.barrons.com/articles/fda-biogen-decision-biotech-stocks-51622553280
EDIT: Went wider on the call spread and sold at the expected move. Max profit window is 300-320 with no upside risk. Basis on an implosion will only be 5.80 above wherever the stock is trading at Friday expiration.
Sold BIIB JUN 11 2021 320.0/340.0 Bear Call Spread @ 4.00
BIIB REGN
#ShortPuts – Taking these off to make room for a roll of the dice on BIIB next week. Looks like the announcement could come anytime between now and the 7th.
Bought to Close BIIB JUN 4 2021 245.0 Put @ 1.35 (sold for 3.20)
Bought to Close REGN JUN 18 2021 475.0 Put @ 2.20 (sold for 4.20)
ZM earnings
#JadeLizards #Earnings – I may have closed this too soon but will take it.
Bought to Close ZM JUN 4 2021 295.0/320.0/325.0 Jade Lizard @ 4.00 (sold for 5.25)
SOXL
#ShortPuts – Reducing size slightly.
Bought to Close SOXL JUN 18 2021 34.0 Put @ .95 (sold for 3.85)
Bought to Close SOXL JUN 18 2021 35.0 Put @ 1.20 (sold for 3.25)
Bought to Close SOXL JUN 18 2021 36.0 Put @ 1.45 (sold for 2.75)
ZM earnings
#Earnings #JadeLizards – Not much going on so taking a shot at this. Selling put side near recent lows and slightly in the money on the call side playing for a down move. No upside risk.
Sold ZM JUN 4 2021 295.0/320.0/325.0 Jade Lizard @ 5.25
SNOW
#ShortPuts – Couldn’t resist. Replacing the second one closed earlier.
Sold SNOW JUN 18 2021 225.0 Put @ 4.90
LABU SNOW SOXL
#ShortPuts – Nice run on all these so taking profits.
LABU: Expires today but it can move so closing now. Still holding higher strikes.
Bought to Close LABU MAY 28 2021 62.0 Put @ .10 (sold for 1.85)
SNOW: Earnings. Looking to replace it now.
Bought to Close SNOW JUN 18 2021 205.0 Put @ 1.55 (sold for 4.10)
SOXL: Taking the bottom of the ladder early. Still holding higher strikes.
Bought to Close SOXL JUN 18 2021 32.0 Put @ .70 (sold for 2.25)
Bought to Close SOXL JUN 18 2021 33.0 Put @ .85 (sold for 2.70)
TQQQ
#ShortPuts – With almost 70 percent of max with 3 weeks to go gotta book it.
Bought to Close TQQQ JUN 18 2021 80.0 Put @ .68 (sold for 2.00)
Bought to Close TQQQ JUN 18 2021 82.5 Put @ .84 (sold for 2.36)
NVDA earnings
#ShortPuts #Earnings – Gotta take the quickie on the big move.
Bought to Close NVDA JUN 18 2021 555.0 Put @ 1.50 (sold for 4.70)
TWTR
#CoveredCalls #ShortPuts – Rolling and adding.
Rolled TWTR MAY 28 2021 54.0 Calls to TWTR JUN 18 2021 54.5 Calls @ .28 credit
Sold TWTR JUN 18 2021 55.5 Puts @ 1.04
ROKU
#CoveredStrangles – I was going to let the stock get called away but I think I’ll hold it for a few more weeks. Rolling covered call out and up pairing it up with a short put leaving a covered strangle. Adds another 3.95 of upside on the stock.
Rolled ROKU MAY 28 2021 317.5 Call to JUN 18 2021 320.0 Call @ 1.45 credit
SNOW
#ShortPuts – Missed the early dip. Selling the expected move and below the 50 day.
Sold SNOW JUN 18 2021 220.0 Put @ 3.30
NVDA earnings
#Earnings #JadeLizards – Big run today so taking the winner in case it continues up.
Bought to Close NVDA JUN 18 2021 575.0/640.0/650.0 Jade Lizard @ 7.38 (sold for 10.25)
SNOW earnings and post earnings
#ShortPuts – Taking the two day trade and adding a new one.
Bought to Close SNOW MAY 28 2021 215.0 Put @ 1.25 (sold for 4.10)
Sold SNOW JUN 18 2021 205.0 Put @ 4.10
ROKU
#CoveredCalls #ShortPuts – One annoying position and one new position.
Assigned stock at 450.0 and basis since reduced to 345.50 Leting stock get called away at 317.50 so a manageable loss to recover now. Starting a put selling replacement program on it.
Sold ROKU JUN 18 2021 320.0 Put @ 6.50
And a new position in a different account:
Sold ROKU JUN 18 2021 315.0 Put @ 5.10
BIIB
#ShortPuts – Based on IV over the next few weeks BIIB must have some sort of a drug announcement coming. It’s still too early for earnings to drive that type of expected move. I’m treating it like an earnings type of event and selling the week before. Selling down at 6 month lows and at the expected move.
Sold BIIB JUN 4 2021 245.0 Put @ 3.20
NVDA earnings
#ShortPuts – A little more aggressive in a different account than yesterday. Going with the Lizard with no upside risk. A down move but less than expected would be perfect.
Sold NVDA JUN 18 2021 575.0/640.0/650.0 Jade Lizard @ 10.25
LABU
#ShortPuts – Adding one to average down a little.
Sold LABU JUN 18 2021 50.0 Put @ 2.20
NVDA earnings (sort of)
SNOW earnings
#ShortPuts #Earnings – Earnings not until tomorrow but selling while it’s down a little.
Sold SNOW MAY 28 2021 215.0 Put @ 4.10
TSLA
#ShortCalls – Closed a short put earlier for a nice gain so no need to hold the risk on this.
Bought to Close TSLA JUN 4 2021 675.0 Call @ 2.36 (sold for 2.15)
Still holding a Jun 475 short put.
REGN
#ShortPuts – Selling at the expected move and near recent lows. Also, above the 20, 50, and 100 day moving averages.
Sold REGN JUN 18 2021 475.0 Put @ 4.20
TSLA
#ShortPuts – Nice run today so I’ll take almost half.
Bought to Close TSLA MAY 28 2021 560.0 Put @ 3.50 (sold for 6.75)
Options Expiration
#OptionsExpiration – Turned into a pretty good week…
BIIB 245 Put (sold for 3.50)
SPOT 240 Call (sold for 5.00)
TSLA 575 Put (sold for 6.10)
TSLA 650 Call (sold for 8.25)
TQQQ
#ShortPuts – Starter for a new ladder in June.
Sold TQQQ JUN 18 2021 82.5 Put@ 2.36
Sold TQQQ JUN 18 2021 80.0 Put @ 2.00
TSLA
#ShortPuts #ShortCalls – Replacing this week’s.
Sold TSLA MAY 28 2021 560.0 Put @ 6.75 (in an IRA)
Sold TSLA JUN 4 2021 675.0 Call @ 2.15 (selling against Jun 21st 475 strike put)
TWTR
#CoveredCalls – Barely ITM so rolling another week for nice credit.
Rolled TWTR MAY 21 2021 54.0 Calls to MAY 28 2021 54.0 Calls @ .90 credit (1.95 total now)
SPOT
#CoveredCalls – Replacing this week’s.
Sold SPOT JUN 4 2021 237.5 Call @ 4.20
SOXL
#ShortPuts – Book,roll and add.
Bought to Close SOXL MAY 21 2021 34.0 Puts @ .20 (sold for 1.75 and 5.00)
Bought to Close SOXL MAY 21 2021 35.0 Puts @ .91 (sold for 1.74 and 4.00)
Rolled SOXL MAY 21 2021 36.0 Puts to JUN 18 2021 34.0 Puts @ 1.35 credit (3.90 total now)
Adding starters lower leaving room to aggressively add.
Sold SOXL JUN 18 2021 33.0 Put @ 2.70
Sold SOXL JUN 18 2021 32.0 Put @ 2.25
NVDA 4 for 1 split
#StockSplits – Seems like a long way out for the announcement but I’ll take it. Should be much more tradeable now. Earnings next week.
https://www.reuters.com/article/nvidia-stock-split/nvidia-sets-4-for-1-stock-split-from-july-idUSL3N2N837I
LAZR PINS ROKU
#CoveredCalls – A few adjustments.
LAZR: Small profits and new positions. Replacing stock getting called away.
Bought to Close LAZR MAY 21 2021 22.5 Puts @ 1.15 (sold for 1.70)
Sold LAZR JUN 11 2021 20.0 Puts @ 1.20
Sold LAZR JUN 11 2021 20.5 Puts @ 1.35
Sold LAZR JUN 11 2021 21.0 Puts @ 1.66
PINS: Nice premium collection.
Rolled PINS MAY 21 2021 60.0 Calls to JUN 4 2021 60.0 Calls @ 1.50 credit (4.05 total now)
ROKU: Out and up a week.
Rolled ROKU MAY 21 2021 315.0 Call to MAY 28 2021 317.5 Call @ .34 credit (7.34 total now)
SOXL
#ShortPuts – Rolling my highest strikes on the nice bounce.
Rolled SOXL MAY 21 2021 38.0 Puts to JUN 18 2021 36.0 Puts @ .45 and .40 credit
Rolled SOXL MAY 21 2021 37.0 Puts to JUN 18 2021 35.0 Puts @ .80 credit
Still holding 36, 35, and 34 strikes for tomorrow.
TQQQ
#ShortPuts – Taking small profits on the nice bounce.
Bought to Close TQQQ MAY 21 2021 94.0 Put @ .85 (sold for 2.30)
Bought to Close TQQQ MAY 21 2021 95.0 Put @ 1.15 (sold for 2.35)
LABU
#ShortPuts – Roll out a week and down quite a bit.
Rolled LABU MAY 21 2021 65.0 Put to MAY 28 2021 62.0 Put @ .10 credit
NVDA SNOW pre earnings
#ShortPuts – Taking these on the nice bounce. Earnings for both next week.
Bought to Close NVDA MAY 21 2021 550.0 Put @ .37 (sold for 4.30)
Bought to Close SNOW MAY 21 2021 217.5 Puts @ .40 (sold for 2.70 and 3.50)
UVXY reverse split
#StockSplits – Just saw this. 1:10 on May 26th.
LABU
#ShortPuts – Bought to Close LABU MAY 21 2021 60.0 Put @ .94 (sold for 3.00)
TQQQ
#ShortPuts – Taking risk off now instead of holding 3 more days.
Bought to Close TQQQ MAY 21 2021 82.0 Put @ .18 (sold for 2.00)
Bought to Close TQQQ MAY 21 2021 83.0 Put @ .21 (sold for 2.00)
Bought to Close TQQQ MAY 21 2021 84.0 Put @ .24 (sold for 2.00)
Bought to Close TQQQ MAY 21 2021 85.0 Put @ .26 (sold for 2.00)
Bought to Close TQQQ MAY 21 2021 86.0 Put @ .35 (sold for 2.00)
Bought to Close TQQQ MAY 21 2021 87.0 Put @ .40 (sold for 2.00)
Bought to Close TQQQ MAY 21 2021 88.0 Put @ .49 (sold for 2.00)
And taking almost half a month early:
Bought to Close TQQQ JUN 18 2021 70.0 Put @ 1.30 (sold for 2.50)
SNOW pre earnings
#ShortStraddles – Stopped out of the call side. It served it’s purpose though. Got the stock to rally. Leaving short puts in two accounts with earnings next week.
Bought to Close SNOW MAY 21 2021 217.5 Call @ 4.70 (leaving short put side @ 2.70 credit)
SPY
#ShortPuts – Taking the two day quickie.
Bought to Close SPY JUN 18 2021 370.0 Put @ 1.45 (sold for 4.00)
TSLA
#ShortCalls – Let’s see if we can encourage this thing to keep going up. Sold against a short put next week and another in June.
Rolled TSLA MAY 21 2021 750.0 Call to MAY 21 2021 650.0 Call @ 1.95 credit (8.25 total now)
LABU
#ShortPuts – Rolling my higher strikes. Still sitting on a couple lower for next week.
Rolled LABU MAY 21 2021 69.0 Put to JUN 18 2021 66.0 Put @ .55 credit
Rolled LABU MAY 21 2021 68.5 Put to JUN 18 2021 65.0 Put @ .27 credit
Rolled LABU MAY 21 2021 68.0 Put to JUN 18 2021 64.0 Put @ .05 credit
PLTR ROKU
#CoveredCalls – A couple this morning. Still out on the road…took delivery of my moving home last Saturday so been kinda busy with that getting some bugs worked out.
PLTR: A new batch…covered.
Bought to Close PLTR MAY 21 2021 24.0 Calls @ .04 (sold for 1.38)
Sold PLTR JUN 18 2021 20.0 Calls @ .95
ROKU: Booked, scalped, sold…covered
Bought to Close ROKU MAY 14 2021 330.0 Call @ .10 (sold for 4.30)
Sold ROKU MAY 21 2021 320.0 Call @ 9.00 (16 seconds after the open)
Bought to Close ROKU MAY 21 2021 320.0 Call @ 5.00 (17 minutes later 🙂 🙂 )
Sold ROKU MAY 21 2021 315.0 Call @ 7.00
SPY
#ShortPuts – Back in…selling at the 200 day.
Sold SPY JUN 18 2021 370.0 Put @ 4.00
SOXL
#ShortPuts – A little early on it this morning. Picked this particular strike to even out the ladder. It was a standing order while I was out.
Sold SOXL MAY 21 2021 34.0 Put @ 5.00
MNMD lottery ticket
#LongStock – Bought shares as a lottery ticket. At 3 bucks it’s like a call option that never expires. Whiz is big on this for PTSD and suicide prevention for veterans. Definite lottery though!
TQQQ TSLA
#ShortPuts – Kind of a slow week mostly waiting and watching with current positions. Still one small add and a roll.
TQQQ: Starting new June position. Still holding May.
Sold TQQQ JUN 18 2021 70.0 Put @ 2.50
TSLA: Rolling put side of strangle out and down. Will continue call selling against it.
Rolled TSLA MAY 21 2021 550.0 Put to JUN 18 2021 475.0 Put @ .85 debit
NVDA PINS SNOW SPOT TSLA TWTR
#ShortPuts #CoveredCalls – A little bit of everything.
NVDA: Pre-earnings. Dodged a bullet with ROKU in this account so replacing with this. Week before earnings.
Sold NVDA MAY 21 2021 550.0 Put @ 4.30
PINS: Covered call roll down for additional credit.
Rolled PINS MAY 21 2021 65.0 Calls to MAY 21 2021 60.0 Calls @ 1.05 credit (2.57 total now)
SNOW: Rolling call side down to a short straddle. Week before earnings.
Rolled SNOW MAY 21 2021 240.0 Call to MAY 21 2021 217.5 Call @ 1.40 credit (217.5 straddle @ 7.40 now)
SPOT: Covered Calls should have done this Friday.
Sold SPOT MAY 21 2021 240.0 Call @ 5.00
TSLA: Rolling call side out a week setting up a short strangle.
Rolled TSLA MAY 14 2021 760.0 Call to MAY 21 2021 750.0 Call @ 2.08 credit (550/750 strangle @ 7.18 now)
TWTR: Covered Calls should have done this on Friday.
Sold TWTR MAY 21 2021 54.0 Calls @ 1.05
PINS ROKU SPOT TWTR and Options Expiration
#CoveredCalls #BigLizards #OptionsExpiration – Tied up with a lot of non market stuff this week but did manage a couple trades as well as letting a few go the distance.
Bought to Close ROKU MAY 7 2021 320/320.0/327.5 Big Lizard @ 4.30 (sold for 8.35)
Expired:
PINS 67 Calls (sold for 1.90)
ROKU 325 Call (sold for 27.50)
SPOT 252/310 Bear Call Spread (sold for 8.35)
TWTR 55/70 Bear Call Spreads (sold for 2.21)
ROKU Earnings
#JadeLizards – In an IRA so I have to spread these. For more downside protection selling the call side right on top of the short put to set up the Jade Lizard. Still no upside risk.
Sold ROKU MAY 7 2021 320.0/327.5 Bear Call Spread @ 2.65
Position for earnings is now 320/320/327.5 Jade Lizard @ 8.35
Is this a Jade Straddle? 🙂 🙂
TSLA
#ShortPuts #ShortCalls – Selling against a May 21st 550.0 strike short put.
Sold TSLA MAY 14 2021 760.0 Call @ 2.38
SNOW pre earnings
#ShortStrangles – Turning the short put into a short strangle. Should be an easy adjustment if needed with earnings the following week.
Sold SNOW MAY 21 2021 240.0 Call @ 2.60
Now a 217.5/240.0 Strangle @ 6.00
ROKU Earnings
#CoveredCalls – Rolling down for additional premium. Still selling slightly under my basis with the market looking weak. Earnings after the close tomorrow.
Rolled ROKU MAY 7 2021 350.0 Call to MAY 7 2021 325.0 Call @ 6.25 credit (27.50 total now)
PINS
#CoveredCalls – Stop set on this week’s sales. Adding more a couple weeks out.
Sold PINS MAY 21 2021 65.0 Calls @ 1.52
LABU
#ShortPuts – Adding…
Sold LABU MAY 21 2021 60.0 Put @ 3.00
SOXL
#ShortPuts – I’ll be out most of the week. Did have a couple standing orders fill. Aggressively adding to a ladder.
Sold SOXL MAY 21 2021 35.0 Put @ 4.00
Sold SOXL MAY 21 2021 36.0 Put @ 4.00
SPOT TWTR
#CoveredCalls – These will be covered after today. In an IRA so have to spread the call sales for now. Going for max downside protection selling slightly below basis.
Sold SPOT MAY 7 2021 252.5/310.0 Bear Call Spread @ 8.35
Sold TWTR MAY 7 2021 55.0/70 Bear Call Spreads @ 2.21
PINS
#CoveredCalls – These will be covered after today. Selling right at breakeven.
Sold PINS MAY 7 2021 67.0 Calls @ 1.90
AMZN Earnings
#IronCondors #Earnings #OneNightStand – I’ll take it.
Bought to Close AMZN APR 30 2021 3340/3350/3630/3640 @ .40 (sold for 4.10)
REGN pre earnings
#ShortPuts – This has been borderline the whole time. Taking it on the bounce and waiting for earnings next week.
Bought to Close REGN APR 30 2021 490.0 Put @ 2.34 (sold for 4.50)
ROKU Earnings
#ShortPuts #CoveredCalls – Setting up early for earnings next week. One covered and one new position.
Sold ROKU MAY 7 2021 350.0 Call @ 21.25 (slightly below basis but prefer downside protection)
Sold ROKU MAY 7 2021 320.0 Put @ 5.70 (replacing one closed this morning)
OSTK
#ShortPuts – Just to be completely out of this one. Looking for new ladder opportunities out beyond May monthlies.
Bought to Close OSTK MAY 14 2021 55.0 Put @ .45 (sold for 1.25)
TWTR Earnings
#ShortPuts #Earnings – Just a small one. Sold all at once.
Sold TWTR APR 30 2021 62.0/61.0/60.0 Puts @ 3.55
AMZN Earnings
#IronCondors #Earnings – Taking a shot at it just inside the expected move by about 5 points.
Sold AMZN APR 30 2021 3340/3350/3630/3640 @ 4.10
LABU
#ShortPuts – Adding…
Sold LABU MAY 21 2021 68.5 Put @ 2.05
Sold LABU MAY 21 2021 69.0 Put @ 2.15
ROKU
#ShortPuts – Taking it on the bounce.
Bought to Close ROKU APR 30 2021 345.0 Put @ .35 (sold for 3.75)
OSTK Earnings
#ShortPuts – Still holding 55 strike out a couple weeks.
Bought to Close OSTK APR 30 2021 62.5 Puts @ .05 (sold for 1.82)
Bought to Close OSTK MAY 7 2021 57.5 Put @ .10 (sold for 1.26)
Bought to Close OSTK MAY 7 2021 60.0 Put @ .15 (sold for 1.85)
SPOT Earnings
#ShortPuts – This could go anywhere but I’m giving it a shot. Selling just inside the expected move but below the 50 and 200 day.
Sold SPOT APR 30 2021 275.0 Put @ 3.10
PINS Earnings
#ShortPuts – Sold PINS APR 30 2021 70.0 Puts @ 1.35
TQQQ
#ShortPuts – Adding to the ladder.
Sold TQQQ MAY 21 2021 94.0 Put @ 2.30
more SNOW
#ShortPuts – Closing and opening.
Bought to Close SNOW APR 30 2021 220.0 Put @ .37 (sold for 6.40)
Sold SNOW MAY 21 2021 217.5 Put @ 3.50
LABU
#ShortPuts – Getting rid of my last straggler at the higher strikes.
Bought to Close LABU APR 30 2021 78.0 Put @ 1.24 (sold for 3.35)
Options Bistro 