#ShortPuts #CoveredCalls – Letting stock get called away at a slight loss. Replacing with this to work it back to even.
Sold SNOW APR 16 2021 220.0 Put @ 4.00
EDIT: And…should be week before earnings at least.
Sold SNOW APR 30 2021 220.0 Put @ 6.40
Author Archives: fuzzballl
LABU
#ShortPuts – Another one for safety.
Bought to Close LABU APR 1 2021 80.0 Put @ .40 (sold for 2.20)
Sold LABU APR 16 2021 72.5 Put @ 3.20
EDIT: Last one this week in this ticker. Going out a week and down.
Rolled LABU APR 1 2021 85.0 Put to APR 9 2021 81.0 Put @ .15 credit
TQQQ
#ShortPuts -This was one I had to roll from the the beginning of the ladder. Taking it here on the bounce.
Bought to Close TQQQ APR 23 2021 79.0 Put @ 1.25 (sold for 3.05)
more SOXL
#ShortPuts – Taking all the rest of them off. With the big moves this thing can make not worth holding 2 more weeks.
Bought to Close SOXL APR 16 2021 32.0 Puts @ .37 (sold for 2.65)
Bought to Close SOXL APR 16 2021 33.0 Puts @ .45 (sold for 3.10)
Bought to Close SOXL APR 16 2021 34.0 Puts @ .56 (sold for 3.80)
LABU
#ShortPuts – Closing and opening. Filled on the bounce and filled on the dip.
Bought to Close LABU APR 1 2021 75.0 Put @ .05 (sold for 2.80)
Sold LABU APR 16 2021 72.5 Puts @ 3.00
SOXL again
#ShortPuts – Booking a couple more in each expiration. Still a lot (for me) left.
Bought to Close SOXL APR 16 2021 32.0 Puts @ .40 (sold for 2.65)
Bought to Close SOXL APR 16 2021 33.0 Puts @ .50 (sold for 3.10)
Bought to Close SOXL APR 16 2021 34.0 Puts @ .63 (sold for 3.80)
SOXL
#ShortPuts – This position is a little over sized so taking a couple off.
Bought to Close SOXL APR 16 2021 35.0 Puts @ .77 (sold for 2.65)
NFLX
#ShortPuts – Taking it a couple weeks early on the nice run up.
Bought to Close NFLX APR 16 2021 465.0 Put @ .88 (sold for 3.50)
FSLR FSLY
#ShortPuts – These are just getting back to even from some covered calls that got run over below my basis a few weeks ago. I’ll take them!
Bought to Close FSLR APR 16 2021 75.0 Puts @ .30 (sold for 2.25)
Bought to Close FSLY APR 16 2021 60.0 Puts @ .52 (sold for 1.60)
LABU NVDA SPY TAN TQQQ
#ShortPuts – Nasdaq futures right up against resistance so taking a little off the table.
LABU: A few more expiring tomorrow. Have to see where they end up.
Bought to Close LABU APR 1 2021 70.0 Put @ .30 (sold for 2.50)
NVDA: Over half 30 days early. I’ll try to get back in on a down day for pre earnings.
Bought to Close NVDA APR 30 2021 475.0 Put @ 4.10 (sold for 9.75)
SPY: Around half 50 days early.
Bought to Close SPY MAY 21 2021 360.0 Put @ 2.30 (sold for 4.31)
Bought to Close SPY MAY 21 2021 355.0 Put @ 1.95 (sold for 4.10)
TAN: Wild ride in this one.
Bought to Close TAN APR 16 2021 80.0 Puts @ .64 (sold for 1.70)
TQQQ: Taking it early.
Bought to Close TQQQ APR 30 2021 65.0 Put @ .87 (sold for 3.00)
TQQQ
#ShortPuts – Position had gotten pretty small so throwing one out at the back of the ladder.
Sold TQQQ MAY 7 2021 70.0 Put @ 2.85
BIIB SLV UVXY
#ShortPuts #CoveredCalls – Cleaning up a few annoying positions this week.
BIIB: Stock being called away at 260.0 (basis 269.0) Pretty good recovery from the Nov 4th craziness. Replacing with a pre-earnings put sale.
Sold BIIB APR 16 2021 260.0 Put @ 4.30
SLV: Not worth holding on to. Taking the small loss.
Sold SLV Shares @ 23.23 (basis 23.90)
UVXY: Position sizes are small enough now I’m letting the hedge go. A loss but that is typical for my hedges.
Stock will be called away @ 5.50 (basis 6.77)
NFLX pre earnings
#ShortPuts – Selling the week before earnings, outside the expected move, below the 200 day, and below recent lows. What could possibly go wrong? 🙂
Sold NFLX APR 16 2021 465.0 Put @ 3.50
SPY
#ShortPuts – Adding to the ladder.
Sold SPY MAY 21 2021 355.0 Put @ 4.10
OSTK
#CoveredCalls – Rolling out and down slightly. Still managing to sell slightly above my basis.
Rolled OSTK MAR 26 2021 68.0 Calls to APR 1 2021 66.0 Calls @ 1.65 credit.
ROKU SNOW
#ShortPuts #CoveredCalls – Some fairly aggressive roll downs so that could signal a bottom in some of these. 🙂 🙂 Still long deltas though.
ROKU: Basically a covered call selling against a DITM short put.
Rolled ROKU APR 1 2021 350.0 Call to APR 1 2021 325.0 Call @ 4.20 credit
SNOW: Covered.
Rolled SNOW MAR 26 2021 215.0 Call to APR 1 2021 200.0 Call @ 9.60 credit
Rolled SNOW MAR 26 2021 215.0 Call to APR 1 2021 205.0 Call @ 6.55 credit
NVDA pre earnings
#ShortPuts – Jumping back in this one. Selling near the expected move and around recent lows. This should be one or two weeks prior to earnings. Filled immediately at slightly better than mid so can probably do better.
Sold NVDA APR 30 2021 475.0 Put @ 9.75
TQQQ
#ShortPuts – Bought to Close TQQQ APR 16 2021 65.0 Put @ .88 (sold for 3.35)
LAZR
#ShortPuts – A little more size reduction.
Bought to Close LAZR APR 9 2021 27.0 Puts @ 1.72 (sold for 2.15)
ROKU
#ShortPuts #ShortCalls – This week’s sale looks fine so adding next week. Selling against a DITM short put out in June.
Sold ROKU APR 1 2021 350.0 Call @ 6.20
SPY
#ShortPuts – Going out to May and starting a new ladder near the 200 day and lower.
Sold SPY MAY 21 2021 360.0 Put @ 4.31
LAZR TQQQ
#ShortPuts – Booking a few more taking a little risk off.
LAZR:
Bought to Close LAZR APR 1 2021 26.5 Puts @ .60 (sold for 1.45)
Bought to Close LAZR APR 9 2021 25.5 Puts @ .70 (sold for 1.50)
TQQQ:
Bought to Close TQQQ APR 1 2021 75.0 Puts @ .75 (sold for 1.50)
Bought to Close TQQQ APR 9 2021 75.0 Puts @ 1.45 (sold for 2.85)
NVDA
#ShortPuts – Taking this one a few weeks early on the run up to resistance. Looking now for a pre earnings play on any weakness.
Bought to Close NVDA APR 16 2021 470.0 Put @ 2.85 (sold for 6.40)
LAZR
#ShortPuts – Adding.
Sold LAZR APR 16 2021 27.0 Put @ 1.40
Sold LAZR APR 16 2021 26.5 Put @ 1.25
Sold LAZR APR 16 2021 26.0 Put @ 1.05
COUP LABU OSTK
#ShortPuts – Booking and adding…
COUP: Taking it a few weeks early.
Bought to Close COUP APR 16 2021 220.0 Put @ 1.25 (sold for 4.50)
LABU: Adding.
Sold LABU APR 16 2021 70.0 Put @ 3.10
OSTK: Adding.
Sold OSTK APR 16 2021 60.0 Put @ 2.00
MARA
#ShortPuts – Taking these three weeks early.
Bought to Close MARA APR 16 2021 25.0 Puts @ .56 (sold for 1.93)
OSTK
#ShortPuts – Sold OSTK APR 16 2021 60.0 Puts @ 1.60
LAZR
#ShortPuts – Taking a lot of risk off.
Bought to Close LAZR MAR 26 2021 26.5 Puts @ .25 (sold for 2.20)
Bought to Close LAZR MAR 26 2021 27.0 Puts @ .34 (sold for 1.42)
Bought to Close LAZR MAR 26 2021 27.5 Puts @ .40 (sold for 1.78)
SNOW
#CoveredCalls – Same position in two accounts.
Rolled SNOW MAR 19 2021 215.0 Calls to MAR 26 2021 215.0 Calls @ 3.80 credit
SOXL
#ShortPuts – Everything rolled so free to rally now. 🙂 🙂 Just couldn’t quite get over the hump.
This was originally pre-split 525.0 strike @ 24.00. After 15:1 it’s now 35 strike @ 1.60. Breaking it up and rolling it into a ladder for next month.
Rolled SOXL MAR 19 2021 35.0 Puts to APR 16 2021 34.0 Puts @ 2.10 credit (3.70 total now)
Rolled SOXL MAR 19 2021 35.0 Puts to APR 16 2021 33.0 Puts @ 1.60 credit (3.20 total now)
Rolled SOXL MAR 19 2021 35.0 Puts to APR 16 2021 32.0 Puts @ 1.05 credit (2.65 total now)
BIIB OSTK PLTR SNOW
#ShortPuts #CoveredCalls – Rolling everything for decent credit.
BIIB: Covered…rolling for more premium but keeping some downside protection.
Rolled BIIB MAR 19 2021 260.0 Call to BIIB MAR 26 2021 260.0 Call @ 4.20 credit
OSTK: Covered…rolling for more premium but keeping some downside protection.
Rolled OSTK MAR 19 2021 68.0 Calls to MAR 26 2021 68.0 Calls @ 1.30 credit
PLTR: Rolled short puts out and down to various expirations over next 3 weeks.
Basis if assigned on everything will be around 25.10
SNOW: Too close to call. 215 covered calls for today.
TQQQ
#ShortPuts – Adding another one.
Sold TQQQ APR 9 2021 75.0 Put @ 2.40
LAZR Earnings
#ShortPuts – Nothing for this week but adding to some others. Earnings today.
Sold LAZR APR 1 2021 26.5 Puts @ 1.25
TQQQ
#ShortPuts – Replacing some that were recently closed.
Sold TQQQ APR 1 2021 75.0 Puts @ 1.50
TQQQ
#ShortPuts – Looking for weakness now to add further out.
Bought to Close TQQQ MAR 26 2021 75.0 Put @ .52 (sold for 2.25)
Bought to Close TQQQ APR 1 2021 70.0 Put @ .65 (sold for 2.20)
My Reddit Fueled Silver Saga (SLV)
#BullPutSpreads #CoveredCalls – I got caught up in the reddit craze when it looked like they might go after silver next. First trade was ITM bull put spreads going very directional.
Feb 1st: Sold March 19th 30/25 BuPS @ 3.30
It didn’t take long to see that this was never going to work. To minimize losses I sold bear call spreads right over the top of the put spreads.
Feb 23: Sold March 19th 25/30 BeCS @ 1.10
The call sales eliminated any chance of the trade being a winner but cut max loss down to 60 cents. That’s where I was going to let it end until today. I knew all along there was a decent chance the short 30 puts could get exercised early so on to plan B when that happened today. 🙂 🙂
After the early assignment I closed the 25 strike leftover long puts for additional credit.
Mar 17: Sold to close Mar 19th 25 puts @ .95
This leaves the short 25 strike calls that were sold on Feb 23rd as a covered call position on the stock. I don’t believe the 25 strike short calls will get hit this week (we’ll see). I do have a tight stop on them since I sold next week’s calls already against the stock.
Mar 17th: Sold Mar 26th 23.5 calls @ .95
All said and done the position was assigned at 30 and I’ve collected 6.30 in premium. This leaves the stock at a basis of 23.70 covered at 23.50. If needed one more roll of the calls should get the overall position to even.
I’m not sure it helps anyone but it helped me to review it all!
EDIT: Update while typing this…stopped out of this week’s 25 strike calls @ .15 so stock basis now 23.85
COUP post earnings
#ShortPuts -Jumping back in this one. Selling the expected move and down near 52 week lows. Strike sold is about 40 percent off all time high.
Sold COUP APR 16 2021 220.0 Put @ 4.50
REGN ROKU
#ShortPuts – Booking and selling.
REGN: Taking it early after a nice run up to the 50 day.
Bought to Close REGN APR 16 2021 435.0 Put @ 3.00 (sold for 7.40)
ROKU: This week looks safe so selling next week. A little early on this one. Selling against a DITM put.
Sold ROKU MAR 26 2021 365.0 Call @ 6.60
NVDA
#ShortPuts – Replacing the one closed earlier on the bounce. Selling at the expected move, below the 200 day, and near recent lows. Also, well before earnings.
Sold NVDA APR 16 2021 470.0 Put @ 6.40
TAN
#ShortPuts – Another add…
Sold TAN APR 16 2021 80.0 Put @ 2.00
MARA
#ShortPuts – First time in this one. Staying small…
Sold MARA APR 16 2021 25.0 Puts @ 1.93
SOXL
#ShortPuts – Adding…
Sold SOXL APR 16 2021 35.0 Put @ 3.00
SOXL
#ShortPuts – Don’t want this thing running away so throwing a starter out there for next month. Still sitting on a bunch of 35’s for Friday also.
Sold SOXL APR 16 2021 35.0 Put @ 2.85
LAZR
#ShortPuts – First ever earnings on Thursday. Position got a little too big so taking some before the announcement.
Bought to Close LAZR MAR 19 2021 25.0 Puts @ .28 (sold for 1.35)
TDOC
#ShortPuts – Taking the quickie a month early. Still seeing a lot of overhead resistance.
Bought to Close TDOC APR 16 2021 165.0 Put @ 2.20 (sold for 5.10)
TAN
#ShortPuts – Making some adjustments on one of my “infrastructure” plays. Taking small profits on nearer term and setting up a starter position at lower strikes. Hoping to really be able to add to it.
Bought to Close TAN MAR 19 2021 90.0 Put @ .55 (sold for 1.31)
Bought to Close TAN MAR 26 2021 90.0 Put @ 1.70 (sold for 1.96)
Sold TAN APR 16 2021 80.0 Puts @ 1.60
NVDA TQQQ
#ShortPuts – Taking a little off for the Fed meeting.
NVDA: Wild ride on this one.
Bought to Close NVDA MAR 19 2021 500.0 Put @ .75 (sold for 4.20)
TQQQ: Thinning it out a little.
Bought to Close TQQQ MAR 19 2021 80.0 Put @ .27 (sold for 2.60)
Bought to Close TQQQ APR 23 2021 60.0 Put @ 1.20 (sold for 4.15)
TQQQ
#ShortPuts – Sold TQQQ APR 30 2021 65.0 Put @ 3.00
FSLR
#ShortPuts- Small position for my infrastructure play. 🙂 Selling below the 200 day and just inside the expected move.
Sold FSLR APR 16 2021 75.0 Puts @ 2.25
OSTK
#CoveredCalls – Roll out but not up keeping some downside protection and picking up nice credit.
Rolled OSTK MAR 12 2021 68.0 Calls to MAR 19 2021 68.0 Calls @ 2.55 credit
FSLY PLTR ROKU UVXY
#ShortPuts #ShortCalls #CoveredCalls – A few rolls and sales.
FSLY:Letting stock get called away just below basis. Selling much lower puts to make the overall position profitable.
Sold FSLY APR 16 2021 60.0 Puts @ 1.60
PLTR: Rolling another week instead of taking stock.
Rolled PLTR MAR 12 2021 26.5 Put to MAR 19 2021 25.0 Put @ .13 credit
Rolled PLTR MAR 12 2021 27.5 Put to MAR 19 2021 26.5 Put @ .02 credit
Rolled PLTR MAR 12 2021 28.5 Put to MAR 19 2021 28.0 Puts @ .07 credit
Rolled PLTR MAR 12 2021 30.0 Puts to MAR 19 2021 29.5 Puts @ .16 debit
ROKU: Replacing this week’s expiration. Selling against a DITM short put.
Sold ROKU MAR 19 2021 380.0 Call @ 5.50
UVXY: Covered. Replacing this week’s expiration.
Sold UVXY MAR 19 2021 8.0 Calls @ .48
LABU
#ShortPuts – Taking the bottom of the ladder.
Bought to Close LABU APR 1 2021 65.0 Put @ 1.05 (sold for 4.30)
EWZ
#ShortPuts – Taking over half in 3 days and 5 weeks early.
Bought to Close EWZ APR 16 2021 29.0 Puts @ .50 (sold for 1.11)
Bought to Close EWZ APR 16 2021 28.0 Puts @ .35 (sold for .85)
TQQQ
#ShortPuts – Taking it a couple days early on the bounce.
Bought to Close TQQQ MAR 12 2021 80.0 Put @ .70 (sold for 3.10)
TDOC pre earnings
#ShortPuts – Two weeks before earnings, at the expected move, and almost 50 percent off highs.
Sold TDOC APR 16 2021 165.0 Put @ 5.10
/ES TSLA
#ShortStrangles #Futures #Hedges – Catching up on some losers although I look at my ES hedge as being a #TakeOneForTheTeam 🙂 🙂 .
/ES: Stopped out on the big run. Best money I ever spent!
Sold /ES APR 21 (Wk3) 3460/3060 Put Spread @ 16.75 (bought for 34.00 and these are $50 per point)
TSLA: After chasing this around with a bunch of rolls bailing on it. Not worth the hassle.
Bought to Close TSLA MAR 19 2021 560.0/770.0 Strangle @ 18.50 (sold for 16.85)
SPY
#ShortPuts – On a move like today and back near all time highs I’ve gotta take these. Almost 60 percent of max 38 days early.
Bought to Close SPY APR 16 2021 325.0 Put @ 1.05 (sold for 3.35)
Bought to Close SPY APR 16 2021 330.0 Put @ 1.21 (sold for 3.35)
Bought to Close SPY APR 16 2021 335.0 Put @ 1.40 (sold for 3.20)
Bought to Close SPY APR 16 2021 340.0 Put @ 1.62 (sold for 3.70)
Bought to Close SPY APR 16 2021 345.0 Put @ 1.90 (sold for 3.40)
Bought to Close SPY APR 16 2021 350.0 Put @ 2.25 (sold for 4.60)
LAZR
#ShortPuts – Using the bounce to roll to the back of the ladder.
Rolled LAZR MAR 12 2021 28.0 Puts to LAZR APR 9 2021 27.0 Puts @ .35 credit
Rolled LAZR MAR 12 2021 27.0 Puts to LAZR APR 9 2021 25.5 Puts@ .30 credit
EWZ
#ShortPuts – First time in this one in awhile. Starter positions…
Sold EWZ APR 16 2021 29.0 Puts @ 1.11
Sold EWZ APR 16 2021 28.0 Puts @ .85
ROKU TSLA
#ShortCalls – Wouldn’t mind seeing a little rally in these so best way for that to happen is roll calls down. 🙂 🙂 Sold against longer dated short puts.
Rolled ROKU MAR 12 2021 400.0 Call to MAR 12 2021 375.0 Call @ 2.70 credit
Rolled TSLA MAR 12 2021 750.0 Call to MAR 12 2021 675.0 Call @ 4.20 credit
TQQQ
#ShortPuts – Just over a half size position now. Any time I roll the front week out I add to it to really average down. Added to the earlier roll.
Sold TQQQ APR 23 2021 60.0 Put @ 4.15
LAZR ROKU TQQQ TSLA UVXY
#ShortPuts – Gonna be out most of the day so using the bounce to roll some stuff and really reduce deltas (risk).
LAZR: Rolled to back of ladder.
Rolled LAZR MAR 5 2021 28.0 Puts to APR 1 2021 26.5 Puts @ even
ROKU: Roll out and down. Will sell weekly calls against.
Rolled ROKU MAR 19 2021 450.0 Put to JUN 18 2021 430.0 Put @ 2.50 credit (49.15 total now)
TQQQ: Rolled to back of ladder.
Rolled TQQQ MAR 5 2021 90.0 Put to APR 23 2021 79.0 Put @ .74 credit
TSLA: Big delta reduction here. Good weekly call premium to sell against.
Rolled TSLA MAR 19 2021 550.0 Put to APR 16 2021 480.0 Put @ 1.05 credit
UVXY: Covered. Keeping the hedge and bringing in good weekly cash.
Rolled UVXY MAR 5 2021 8.5 Calls to MAR 12 2021 8.5 Calls @ .41 and .27
Emini protection
#LongPutSpreads – Bought an emini 3460/3060 put spread for April monthly. 1700 bucks it cost me but makes 18,300 max if things really get ugly. Bought the long strike at the 200 day and then just sold way under it to reduce cost. As much as it pains me to actually buy something it is cheap insurance. I’ll just take it out of realized gains for the year if I have to since it’s been a great two months to start the year.
Bought /ES APR 21 (Wk3) 3460/3060 Put Spread @ 34.00 (these are $50 per point)
SPY
#ShortPuts – Add to bottom of the ladder. Outside the expected move and below the 200 day.
Sold SPY APR 16 2021 325.0 Put@ 3.35
SNOW
#CoveredCalls – Dodged the earnings bullet so now time to work the calls back up. Same trade in two different accounts.
Rolled SNOW MAR 5 2021 210.0 Calls to MAR 19 2021 215.0 Calls @ .10 debit
LABU
#ShortPuts – Last one for a full position. After this looking mainly at SPY if we continue down.
Sold LABU APR 1 2021 65.0 Put @ 4.30
REGN
#ShortPuts – Rolling out and down. I’ll look for call sales against it.
Rolled REGN MAR 19 2021 450.0 Put to APR 16 2021 435.0 Put @ .70 credit.
BIIB
#ShortPuts – Just for safety.
Bought to Close BIIB MAR 19 2021 240.0 Put @ 2.00 (sold for 3.80)
FSLY
#CoveredCalls – Adding next week a little early.
Sold FSLY MAR 12 2021 69.0 Call @ 2.80
ROKU TSLA
#ShortStrangles – Rolling the call side of these down and in to get an extra sale in before March expiration.
Rolled ROKU MAR 19 2021 450.0 Call to MAR 12 2021 400.0 Call @ 1.90 credit
Rolled TSLA MAR 19 2021 950.0 Call to MAR 12 2021 750.0 Call @ 3.60 credit
SNOW earnings
#CoveredCalls #Earnings – Similar positions in 2 accounts. These rolls are slightly below my basis but I’m going for more downside protection. I’ll worry about the calls being ITM later on if needed. This market feels like all news is bad news so rolling down.
Rolled SNOW MAR 5 2021 240.0 Calls to MAR 5 2021 210.0 Calls @ 23.80 credit
TQQQ
#ShortPuts – Adding to the bottom of the ladder. I may or may not have to roll this week’s but this is where I would’ve added either way.
Sold TQQQ APR 16 2021 65.0 Put @ 3.40
LABU
#ShortPuts – Adding one. Almost full position now.
Sold LABU APR 1 2021 70.0 Put @ 2.50
TAN
#ShortPuts – Finally back in this one. Starter positions…
Sold TAN MAR 19 2021 90.0 Put @ 1.31
Sold TAN MAR 26 2021 90.0 Put @ 1.96
Sold TAN APR 1 2021 85.0 Put @ 1.45
LAZR
#ShortPuts – Thinning the herd slightly.
Bought to Close LAZR MAR 5 2021 27.0 Puts @ .29 (sold for 1.91)
Options Bistro 