#ShortPuts – Keeping the rolling 7 day ladder going…
Bought to Close SPY APR 22 2020 272.0 Puts @ .03 (sold for 1.45)
Sold SPY APR 29 2020 267.0 Puts @ 2.04
Author Archives: fuzzballl
USO
#CoveredCalls – Off it’s lows but it was halted for a little while this morning so still a lot of uncertainty. I’m rolling down the calls into next week for max downside protection while maintaining a profit if called away. There might be a possibility of rolling these but it would be tough at these prices especially if the stock rallies much.
Rolled USO APR 24 2020 3.5 Calls to MAY 1 2020 2.5 Calls @ .90 credit
Now:
Make .13 if called away or own stock at 2.37
USO
#CoveredCalls – Low risk lottery ticket. Iceman style…buying covered stock with call ITM. Either make a little in a week or own stock considerably lower.
Bought USO stock and sold APR 24 2020 3.5 Calls @ 3.27 debit.
Make .23 or own stock @ 3.27
SPY
#CoveredCalls – Adding one…
Sold SPY APR 24 2020 292.5 Call @ 1.51
SPY
#ShortPuts – Using a Mon Wed Fri ladder now for a little more safety…
Bought to Close SPY APR 20 2020 277.0 Puts @ .03 (sold for 1.25)
Sold SPY APR 27 2020 273.0 Puts @ 2.10
TQQQ
#ShortPuts – Keep trying to get more stock but no luck once again. 🙂 🙂
Bought to Close TQQQ APR 17 2020 65.0 Put @ .05 (sold for 2.40)
Sold TQQQ APR 24 2020 66.5 Put @ 4.00
SPY
#ShortPuts – This completes the ladder for next week…
Sold SPY APR 24 2020 270.0 Puts @ 2.25
UDOW
#ShortPuts – Playing it safe…
Bought to Close UDOW APR 17 2020 50.0 Put @ .19 (sold for 2.85)
SPY
#ShortPuts – Starters for next week. C’mon down here Mr. Market…
Sold SPY APR 20 2020 277.0 Puts @ 1.25
Sold SPY APR 22 2020 272.0 Puts @ 1.45
SPY
#ShortPuts – Closing these a little early and look to re-load if we sell off a little this afternoon…
Bought to Close SPY APR 17 2020 273.0 Puts @.05 (sold for 1.75)
Bought to Close SPY APR 20 2020 260.0 Puts @ .10 (sold for 1.95)
SPY
#ShortPuts – Decent one day scalp. Selling Friday a couple strikes lower…
Bought to Close SPY APR 15 2020 275.0 Puts @ .03 (sold for 1.00)
Sold SPY APR 17 2020 273.0 Puts @ 1.75
GS Earnings
#Earnings #JadeLizards – A big enough pullback is not looking likely saw hitting the eject button with beer money. Hey that’s 2 cases of Silver Bullets if I catch it on sale!
Bought to Close GS APR 17 2020 165.0/175.0/177.5 Jade Lizards @ 2.40 (sold for 2.55)
SPCE
#CoveredCalls – Another small roll up into the week before earnings.
Rolled SPCE APR 24 2020 15.0 Calls to MAY 1 2020 15.5 Calls @ .05 debit (stock basis 14.45)
EWZ XOP
#ShortPuts – Booking XOP and re-deploying into a starter position in EWZ. Thanks @Ramie and @thomberg1201 !
Bought to Close XOP APR 17 2020 35.5 Puts @ .32 (sold for .88)
Sold EWZ MAY 15 2020 23.0 Put @ 1.08
Sold EWZ MAY 15 2020 24.0 Put @ 1.40
Sold EWZ MAY 15 2020 25.0 Put @ 1.78
EDIT:
Adding same strikes in June. Hoping to add to all of these eventually.
Sold EWZ JUN 19 2020 23.0 Put @ 1.73
Sold EWZ JUN 19 2020 24.0 Put @ 2.09
Sold EWZ JUN 19 2020 25.0 Put @ 2.53
XBI
#ShortPuts – Adding one to yesterday’s starter…
Sold XBI MAY 15 2020 75.0 Puts @ 1.50
SPY
#ShortPuts – Sold SPY APR 15 2020 275.0 Puts @ 1.00
GS Earnings
#JadeLizards – Going with the ‘ol lizard here. Breakeven outside the expected move and near or outside Jeff’s data. Playing for a move similar to the JPM move…down but inside the expected move.
Sold GS APR 17 2020 165.0/175.0/177.5 Jade Lizards @ 2.55
GILD
#ShortPuts – Nice run in this one today so taking it off a couple weeks early. Will watch for an earnings entry near end of month…
Bought to Close GILD APR 24 2020 70.0 Puts @ .44 (sold for 1.90)
And 1 more SPY
#ShortPuts – An older one that’s been underwater forever. Happy to be out with a nice gain…
Bought to Close SPY APR 17 2020 275.0 Put @ 1.40 (sold for 5.60)
More SPY
#ShortPuts – Feel like I have to book these on a move like today. Looking to get back in for Friday or next week if we ever have a down day…
Bought to Close SPY APR 15 2020 271.0 Put @ .16 (sold for 2.10)
Bought to Close SPY APR 17 2020 260.0 Puts @ .18 (sold for 1.69)
SPY
#ShortPuts – Paying the nickel to get out a day early…
Bought to Close SPY APR 15 2020 265.0 Put @ .05 (sold for 1.55)
XBI
#ShortPuts – Jumping back in with a starter position outside the expected move.
Sold XBI MAY 15 2020 75.0 Puts @ 1.20
T
#ShortPuts – Pretty aggressive roll up on these the other day so booking now. Hopefully get a pullback into earnings next week…
Bought to Close T APR 17 2020 30.0 Puts @ .21 (sold for 1.85)
JPM
#ShortPuts – Jumping back in outside the expected move and down near recent lows.
Sold JPM MAY 8 2020 85.0 Puts @ 1.20
JPM XBI
#Earnings #ShortPuts – Nice start to the day…
Bought to Close JPM APR 17 2020 92.5/80.0 Bull Put Spreads @ .37 (sold for 1.20 average)
Bought to Close XBI APR 17 2020 75.0 Puts @ .05 (sold for 4.55 total after rollups starting at 60 🙂 )
SPY
#ShortPuts – Booking and re-selling…
Bought to Close SPY APR 13 2020 270.0 Put @ .03 (sold for 1.35)
Sold SPY APR 15 2020 271.0 Put @ 2.10
JPM
#BullPutSpreads #Earnings – Will take the stock if I have to but spreading it for now until I can get a little more out of my GILD, T, XBI, and XOP positions in same account.
Thanks @Iceman and @thomberg1201 for the earnings reminder.
Sold JPM APR 17 2020 92.5/80.0 Bull Put Spreads @ 1.16
TNA
#CoveredCalls – Sold TNA APR 24 2020 23.0 Calls @ .81
SPY
#ShortPuts – Adding a few…
Sold SPY APR 17 2020 260.0 Put @ 1.70
Sold SPY APR 20 2020 260.0 Puts @ 1.95
SPY
#ShortPuts – As an experiment throwing a little put ladder out there for next week. Maybe talk Mr. Market down just a little…
Sold SPY APR 13 2020 270.0 Put @ 1.35
Sold SPY APR 15 2020 265.0 Put @ 1.55
Sold SPY APR 17 2020 260.0 Put @ 1.67
LABU SPCE SPY TQQQ TSLA UDOW
#CoveredCalls #ShortPuts – A few rolls to finish the week…
LABU: Various covered calls rolled out and up to May monthly for small credits.
SPCE: Covered and prior to earnings.
Rolled SPCE APR 9 2020 14.0 Calls to APR 24 2020 15.0 Calls @ .09 credit
SPY: Will continue selling puts against these covered calls on (if) any weakness.
Rolled SPY APR 9 2020 255.0 Calls to APR 24 2020 258.0 Calls @ .01 credit
Rolled SPY APR 9 2020 253.0 Call to MAY 15 2020 260.0 Call @ .25 credit
TQQQ: Covered and hoping for more stock next week.
Rolled TQQQ APR 09 2020 47.0 Call to APR 24 2020 50.0 Call @ even
TSLA: Covered and rolling to week after earnings.
Rolled TSLA APR 09 2020 475.0 Call to MAY 01 2020 500.0 Call @ .83 debit (total premium now 25.00)
UDOW: Trying for more stock.
Sold UDOW APR 17 2020 50.0 Put @ 2.85
Bought to Close UDOW APR 17 2020 30.0 Put @ .15 (sold for 3.29)
Happy Easter everyone!
SPY
#ShortPuts – Filled just after the close…
Bought to Close SPY APR 09 2020 260.0 Puts @ .15 (sold for 1.35 and 1.40)
NTAP
#CoveredCalls – Never hurts to try. This filled with the mid sitting at .27 🙂 🙂
Bought to Close NTAP APR 9 2020 46.5 Calls @ .01 (sold for 1.31)
T
#ShortPuts – Taking a little bit of a directional position for next week rolling to just in the money. Earnings the following week.
Rolled T APR 17 2020 26.0 Puts to APR 17 2020 30.0 Puts @ .87 credit (1.84 total now)
SPY
#ShortPuts – Added a little to yesterday…
Sold SPY APR 09 2020 260.0 Puts @ 1.35
SPY
#ShortPuts – Half size and down where I’d get a better price on a covered call roll…
Sold SPY APR 09 2020 260.0 Puts @ 1.40
SPY
#ShortPuts – Taking another one off at about 50 percent of max gain…
Bought to Close SPY APR 17 2020 250.0 Put @ 2.70 (sold for 5.20)
SPY
#ShortPuts – Taking these off early. Looking to sell Thursday on any weakness…
Bought to Close SPY APR 08 2020 255.0 Puts @ .20 (sold for 1.74)
SPY
#ShortPuts #ShortCalls #CoveredCalls – Booking and rolling again…
Bought to Close SPY APR 06 2020 254.0 Puts @ .05 (rolled up this morning to get 1.83 total credit)
Sold SPY APR 08 2020 255.0 Puts @ 1.74
Rolled SPY APR 6 2020 251.0 Call to APR 09 2020 253.0 Call @ .09 debit (covered with 2.05 credit received)
Rolled SPY APR 6 2020 257.0 Calls to APR 8 2020 260.0 Calls @ .05 debit (1.15 total so far)
GILD
#ShortPuts – Jumping back in this one. Selling just before earnings…
Sold GILD APR 24 2020 70.0 Puts @ 1.90
XBI
#ShortPuts – Just to get these all in the same strike…
Rolled XBI APR 17 2020 70.0 Puts to XBI APR 17 2020 75.0 Puts @ .93 credit (4.50 avg credit now)
SPY
#ShortPuts – See if I can squeeze a little more out of these today. Short covered 251 and naked 257 calls so wouldn’t mind taking some downside heat.
Rolled SPY APR 06 2020 242.0 Puts to APR 06 2020 254.0 Puts @ .63 credit (1.83 total now)
And a couple weeks out:
Rolled SPY APR 17 2020 220.0 Put to APR 17 2020 240.0 Put @ 2.04 credit (5.94 total now)
LABU
Bought to Close LABU APR 03 2020 21.0 Call @ .05 (sold for 1.05)
Sold LABU APR 09 2020 21.0 Call @ 1.05
TQQQ
#CoveredCalls – Re-load…
Bought to Close TQQQ APR 3 2020 50.0 Call @ .05 (sold for 2.55)
Sold TQQQ APR 9 2020 47.0 Call @ 1.36
SPY
#ShortPuts #ShortCalls #CoveredCalls – Booked today and sold again for Monday…
Bought to Close SPY APR 3 2020 255.0 Call @ .08 (sold for 2.15)
Bought to Close SPY APR 3 2020 256.0 Calls @ .05 (sold for 1.50)
Bought to Close SPY APR 3 2020 237.0 Puts @ .05 (sold for 1.60)
Sold SPY APR 6 2020 251.0 Call @ 2.15
Sold SPY APR 6 2020 257.0 Calls @ 1.20
Sold SPY APR 6 2020 242.0 Puts @ 1.20
SPY
#ShortPuts – Sold these planning on a SPX down 100 day. Didn’t see a 115 selloff coming so I’ll roll to Friday to try again…
Rolled SPY APR 01 2020 247.0 Puts to APR 03 2020 237.0 Puts @ .80 credit (1.60 total now)
SPY
#CoveredCalls – Finally after about 4 rolls…
Bought to Close SPY APR 01 2020 257.0 Call @ .10 (sold for 5.15)
Sold SPY APR 03 2020 255.0 Call @ 2.15
SPY
#ShortPuts – Throwing a couple of these out there in a different account…
Sold SPY APR 17 2020 220.0 Puts @ 3.90
SPY
#CoveredCalls #ShortPuts – Down to the wire today at 257 strike on both sides. Leaning a little bearish for tomorrow now.
Rolled SPY MAR 31 2020 257.0 Call to APR 01 2020 257.0 Call @ 2.50 credit (5.15 total now)
Bought to Close SPY MAR 31 2020 257.0 Puts @ .40 (sold for 2.15)
Sold SPY APR 01 2020 247.0 Puts @ .80 (safer strike so bigger size)
SPY
#ShortPuts – Feels like we’re right up to resistance so booking this one a little early. Might get a chance to sell it again later this week.
Bought to Close SPY APR 17 2020 225.0 Put @ 3.25 (sold for 8.62)
SPY
#ShortPuts #CoveredCalls – A good day in this one. Trying again tomorrow a couple strikes higher after the call roll.
Rolled SPY MAR 30 2020 255.0 Call to MAR 31 2020 257.0 Call @ .20 credit
Bought to Close SPY MAR 30 2020 255.0 Puts @ .10 (sold for 2.25)
Sold SPY MAR 31 2020 257.0 Puts @ 2.15
SPY
#ShortPuts #CoveredCalls – Short a 255 covered call so going across the aisle and selling the other side. All for today…
Sold SPY MAR 30 2020 255.0 Puts @ 2.25
TNA
#ShortPuts – Sold TNA APR 03 2020 16.0 Put @ 2.00
SPY
#ShortPuts – Another one that went green quickly enough to take off same day. Getting rid of weekend risk…
Bought to Close SPY MAR 30 2020 245.0 Put @ 1.30 (sold for 3.45)
Bought to Close SPY MAR 30 2020 240.0 Puts @ .70 (sold for 2.25)
SPY
#CoveredCalls #ShortPuts – Rolling, closing, and selling.
Bought to Close SPY MAR 27 2020 242.5 Puts @ .65 (sold for a scalp @ 1.05)
Using that buying power to sell Monday:
Sold SPY MAR 30 2020 245.0 Put @ 3.45
Sold SPY MAR 30 2020 240.0 Puts @ 2.25
Rolling covered call…thank you for the pullback!
Rolled SPY MAR 27 2020 250.0 Call to MAR 30 2020 255.0 Call @ .30 credit (2.45 total now)
SPY
#ShortPuts – A little safer than the previous sales. Going for a one day scalp…
Sold SPY MAR 27 2020 242.5 Puts @ 1.05
SPY
#ShortPuts – Can’t let these profits get away on an up day like this. Looking to sell Monday on any weakness.
Bought to Close SPY MAR 27 2020 245 Put @ 1.25 (sold for 3.52)
Bought to Close SPY MAR 27 2020 247.5 Put @ 1.75 (sold for 4.50)
Bought to Close SPY MAR 27 2020 250.0 Put @ 2.30 (sold for 5.00)
XBI
#ShortPuts – Rolling up again for more credit. Wasn’t long ago I wanted it at 80 so 70 looks pretty good. LOL Partial so far…
Rolled XBI APR 17 2020 65.0 Puts to APR 17 2020 70.0 Puts @ .95 credit (3.50 total now)
Just for fun rolling the last one up to 75 strike….
Rolled XBI APR 17 2020 65.0 Put to APR 17 2020 75.0 Put @ 2.35 credit (4.90 total now)
SPCE
#CoveredCalls – A little debit and a little credit just to get them all in the same strike.
Rolled SPCE MAR 27 2020 12.5 Calls to APR 9 2020 14.0 Calls @ .20 debit
Rolled SPCE MAR 27 2020 13.5 Calls to APR 9 2020 14.0 Calls @ .75 credit
TSLA
#CoveredCalls – Rolling and staying prior to earnings…
Rolled TSLA MAR 27 2020 450.0 Call to APR 09 2020 475.0 Call @ 1.84 credit
SPY
#ShortPuts – Frustrating open with the pre market rally. Selling these anyway for tomorrow hoping to get some stock back. Short a 250.0 call so wouldn’t mind these taking heat.
Sold SPY MAR 27 2020 245 Put @ 3.52
Sold SPY MAR 27 2020 247.5 Put @ 4.50
Sold SPY MAR 27 2020 250.0 Put @ 5.00
SPY Expiration
#OptionsExpiration – Almost all stock called away at 230 with about a 217.50 basis. Fresh box of ammo for tomorrow now.
SPY
#CoveredCalls – Sold this one below my basis so making a small roll. VIX 60 makes these a lot easier!
Rolled SPY MAR 25 2020 245.0 Call to MAR 27 2020 250.0 Call @ .20 credit
SPY
#ShortPuts – Buying back the one sold this morning to have more ammo for the next round of selling…
Bought to Close SPY MAR 27 2020 230.0 Put @ 1.30 (sold for 2.90)
SPCE SPY TNA XBI
#ShortPuts #LongPuts – A few early ones. Prices even better now.
SPCE: Nice gains on disaster puts applied to stock basis. Doesn’t look like it’s going to zero anymore.
Sold 20 SPCE JUL 17 2020 5.0 Puts @ .45 (bought for .10)
SPY: Stock should get called away today at 230.0 so starting a Friday position. Possibly add more after the (un) employment report.
Sold to Open SPY MAR 27 2020 230.0 Put @ 2.90
TNA: Trying to add at pretty low risk. Cuts basis of shares almost in half for easier recovery.
Sold TNA MAR 27 2020 16.0 Put @ 2.10
XBI: Roll up for more credit.
Rolled XBI APR 17 2020 60.0 Puts to APR 17 2020 65.0 Puts @ .75 credit (2.55 total now)
SPY
#ShortPuts – Gotta take it for a one day winner. Maybe sell again tomorrow…
Bought to Close SPY MAR 25 2020 230.0 Put @ 1.05 (sold for 3.50)
SPY
#CoveredCalls #ShortPuts – Fading the rally just a little with the call sales but staying aggressive on the put side…
Sold SPY MAR 25 2020 230.0 Call @ 8.50
Sold SPY MAR 25 2020 245.0 Call @ 1.95
Sold SPY MAR 25 2020 230.0 Put @ 3.50
SPY
#CoveredCalls #ShortPuts – Down to the wire on some of these…
Bought to Close SPY MAR 23 2020 230.0 Call @ .10 (sold for 2.20)
Sold SPY Mar 25 2020 230.0 Call @ 3.50
Expired:
SPY Mar 23 2020 220.0 Put (sold for 2.25)
Assigned:
SPY MAR 225.0 Put @ 222.0 basis
SPY MAR 230.0 Put @ 225.75 basis
Tomorrow looking to add another short put and a couple more short calls out to Wed.
XBI
#ShortPuts – Easing back into this one…
Sold XBI APR 17 2020 60.0 Puts @ 1.80
TSLA
#CoveredCalls – Here we go. Hoping to make these aggressive sales next few weeks before any recovery. Should be easy to roll though.
Sold TSLA MAR 27 2020 450.0 Call @ 24.00
SPY
#CoveredCalls – Highest short put is 230 so might as well sell the covered call there too and see what happens.
Sold SPY MAR 23 2020 230.0 Call @ 2.20
SPY
#ShortPuts – Another batch…
Bought to Close SPY MAR 20 2020 225.0 Put @ .10 (sold for 4.00)
Bought to Close SPY MAR 20 2020 220.0 Put @ .05 (sold for 4.00)
Sold SPY MAR 23 2020 230.0 Put @ 4.25
Sold SPY MAR 23 2020 225.0 Put @ 3.00
Sold SPY MAR 23 2020 220.0 Put @ 2.25
SPCE SPY
#ShortPuts #CoveredCalls – Out all day but had a couple standing orders fill…
Bought to Close SPCE MAR 20 2020 14.0 Calls @ .05 (sold for 1.95)
And for better or worse starting a covered call selling program on the SPY if I get stock (looks like it)
Sold SPY MAR 20 2020 225.0 Put @ 4.00
Sold SPY MAR 20 2020 220.0 Put @ 4.00
ROKU
#CoveredCalls – Bought to Close ROKU MAR 20 2020 95.0 Call @ .05 (sold for 2.60)
Take that virus!!
Options Bistro 