#CoveredCalls – Sold TNA APR 24 2020 23.0 Calls @ .81
Author Archives: fuzzballl
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!!
SPCE
#CoveredCAlls – I’ll be getting a little more stock this week so covering it early with spreads…
Sold SPCE MAR 27 2020 13.5/24.0 Bear Call Spreads @ 1.15
LABU ROKU SOXL
#CoveredCalls – These are all below my bases* in the stocks but that’s ok. It would be a good thing if they get threatened…
Sold LABU MAR 27 2020 19.0 Call @ 1.01
Sold ROKU MAR 27 2020 70.0 Call @ 2.64
SOXL: Rolled down yesterday and today.
Rolled SOXL APR 17 2020 130.0 Call to APR 17 2020 100.0 Call @ 6.20 credit (19.65 total now)
- Looking at the noun basis on Wiktionary.com, it indicates that the plural is either bases or baseis. It looks like the rare baseis comes from the Greek, but the common bases just refers back to basis and that does not explain the plural etymology.
🙂 🙂 🙂
SMH
#LongPuts – Bought a bunch of these during the rally the other day. Mainly to help partially protect my SOXL position. Booking them here and I’ll use the gain to decrease the SOXL basis by another 12 dollars.
Sold to Close SMH JUN 19 2020 60.0 Puts @ .92 (bought for .35)
AAL update
In case anybody is interested…won’t affect me since I’m out on medical leave but…
Company offering pilots long term unpaid leave (voluntary furlough) or short term leave paid at half pay or if age 63 or 64 permanent leave to age 65 retirement at half pay per month.
Also parking a bunch of old airframes that were scheduled to go anyway. All hiring cancelled indefinitely. Let’s hope this is enough but it’s shaping up to be bigger than 9-11 as far as the hit goes. Crazy times in a crazy business…
SPY
#ShortPuts – Expiring today…
Sold SPY MAR 16 2020 235.0 Put @ 2.05
NVDA
#CoveredCalls – Rolling out and down slightly. A little below my basis so watching it closely if it rallies.
Rolled NVDA MAR 20 2020 255.0 Call to MAR 27 2020 235.0 Call @ 7.50 credit (10.90 total now)
UVXY
#BearCallSpreads – One last fill to get to a full position. Highest premium received so far.
Sold UVXY JAN 15 2021 45.0/55.0 Bear Call Spread @ 3.31
SPY
#ShortPuts – Let’s see if we can get to the Dec 2018 low on Monday…
Sold SPY MAR 16 2020 235.0 Put @ 3.00
SPY
#ShortPuts – Sold this yesterday afternoon for a one day trade. Closing it before Trump’s statement…
Bought to Close SPY MAR 13 2020 245.0 Put @ .40 (sold for 3.00)
SLB again
#LongPuts – On second thought I’m only holding these long puts to protect in the event of a CH. 11 filing so booking profits and buying a bunch more cheapies that would get the position out at close to even if SLB disappears.
Rolled 10 SLB JUN 19 2020 17.5 Long Puts to 20 AUG 20 2020 5.0 Puts @ 1.96 credit (bought for .36)
I’ll apply all the long put profits to the basis in the stock…
SLB
#LongPuts – Bought a bunch of these a few weeks ago to protect some short puts with all the turmoil in the oil patch. Taking a little profit out but keeping plenty of protection.
Rolled SLB JUN 19 2020 17.5 Long Puts to JUN 19 2020 15.0 Puts @ 1.35 credit (bought for .36)
T
#ShortPuts – Haven’t been in this one in awhile. Selling week before earnings at an 8.3% divvy yield and a 10 year low.
Sold T APR 17 2020 26.0 Puts @ .97
SPCE
#CoveredCalls – Got a partial earlier in the week. Finally got the rest…
Bought to Close SPCE MAR 13 2020 17.0 Calls @ .05 (sold for 4.00)
Sold SPCE MAR 20 2020 14.0 Calls @ 1.95
NVDA SOXL
#CoveredCalls – Happily assigned stock a week early allowing some extra calls to be sold. SOXL is kinda scary being a leveraged could go much lower if things get crazy next week. I may end up selling it and replacing with some long term put spreads.
Sold NVDA MAR 20 2020 255.0 Call @ 3.40
Sold SOXL MAR 20 2020 140.0 Call @ 5.50
SPCE
#CoveredCalls – Partials so far. (1 of 3)
Bought to Close SPCE MAR 13 2020 17.0 Call @ .05 (sold for 4.00)
Sold SPCE APR 17 2020 15.0 Call @ 2.25
SPY
#ShortPuts – Forgot I had this one in. Just seeing that it was filled at the open…
Sold SPY APR 17 2020 225.0 Put @ 8.62
Crazy!
I’m not doing much of anything. Selling some covered calls as I receive stock. Keeping the rest of the powder dry for now…
TLT
#LongPuts – Selling against long Jan 2022 puts…
Sold TLT MAR 20 2020 151.0 Puts @ .40
UVXY
#BearCallSpreads – Weird. No fill on this yesterday but with UVXY down today it fills…
Sold UVXY JAN 17 2021 45.0/55.0 Bear Call Spread @ 2.30
SPCE
#CoveredCalls – Rolling down for additional credit this week.
Rolled SPCE MAR 13 2020 20.0 Calls to MAR 13 2020 17.0 Calls @ 1.30 credit (4.00 total now)
SPY
#ShortPuts – Going way out and down…
Sold SPY MAY 15 2020 225.0 Put @ 5.25
ROKU
Will be #CoveredCalls eventually – Sold ROKU MAR 13 2020 100.0 Calls @ 3.00
TLT
#LEAPS – Long term short position lottery tickets…
Bought TLT JAN 21 2022 120.0 Puts @ 1.83 average
Sold TLT MAR 13 2020 155.0/145.0 Bull Put Spreads @ .72 (one fifth size)
NTAP
#CoveredCalls – A few shares leftover from an earnings play…
Bought to Close NTAP MAR 20 2020 51.0 Calls @ .07 (sold for 1.39)
Sold NTAP APR 9 2020 46.5 Calls @ 1.31
SPCE
#CoveredCalls – Pretty aggressive sales ITM. Trying to really reduce basis as it pulls back a little.
Bought to Close SPCE MAR 6 2020 22.0 Calls @ .05 (sold 22/52 spreads @ 3.70 and 4.35)
Sold SPCE MAR 13 2020 20.0/35.0 Bear Call Spreads @ 2.70
UVXY
#BearCallSpreads – First time in these strikes.
Sold UVXY JAN 17 2021 45.0/55.0 Bear Call Spreads @ 2.01
UVXY
#ShortPuts – Rolled the rest of my short puts up and in right at the close yesterday. Completely out of all them now. I did have to buy stock pre-market to cover the DITM calls I had sold yesterday against the short puts. Basically traded all the annoying short puts that were tough to sell against for a half size covered call position.
Not seeing a reverse split coming anytime soon so should have many weeks to sell.
Bought to Close UVXY MAR 6 2020 26.5 Puts @ .05 (sold a long time ago for 1.05)
Bought to Close UVXY MAR 6 2020 31.5 Puts @ .35 (sold a long time ago for 1.00)
Options Bistro 