#coveredcalls
$U STO 6/9 37.50 call at .41
$CROX STO 6/9 123 call at 1.50
Author Archives: geewhiz112
AI Strangle
#shortstrangles
$AI STO 6/9 33/37.50 at $2.15
CROX Call
#coveredcalls
$CROX STO 6/9 113 call at 1.12
TSLA Call
#syntheticcoveredcalls
$TSLA STO 6/9 230 call at 1.34
TTD Call
#coveredcalls
$TTD STO 6/2 76 call at .18
AI 50 Call
#earnings #coveredcalls
$AI STO 6/2 50 call at 5.47
NVDA BECS / CROX Call
#bearcallspreads
$NVDA STO 6/2 405/400 BECS at $2.05
#coveredcalls
$CROX STO 6/2 117 call at $1.00
Remember
Expiration
#optionsexpiration
$MARA 10 call
$u 30 call
$TMUS $142 call
$SPX 1 DTE FYI
#SPX1 DTE I sold this morning the 5/23 4025/4045 put at 1.35. Looked fine and I had an order to close at .10 since I had to be away from screen mid afternoon. Near the end of day I checked prices and S&P sinking. Put a market order to close at 3:52. NEVER got filled. Luckily S&P closed at 4145.67. Market order does not guarantee execution!!! Who knew, not me.
TMUS Call
#coveredcalls
$TMUS STO 5/26 142 call at .73
SPX 1 DTE
BTC 4050/4070-4165/4185 condors for .20. STO at 1.15
U Call / EYE Hear
#coveredcalls
$U STO 5/19 30 call at .43
Market Movers???
CROX Put Roll
#shortputs
$CROX BTC 5/12 118 put and STO 5/19 116 put at added credit of .30 and $2 lower if assigned
AI Call Roll / AMD Call
#shortstrangles
$AI BTC 5/12 2o call and STO 5/19 21 call at added credit of .10 and gain $1 if called away next week. Put side of strangle should expire
#coveredcalls
$AMD STO 5/12 103 call at .40
SHOP Call / AI Strangle
#coveredcalls
$SHOP STO 5/12 67 call at .65
#shortstrangles
$AI STO 5/12 20/18 strangle at .80
LABU Call Roll / Expiratio
#coveredcalls
$LABU BTC 5/5 6.50 call and STO 5/12 6.50 call at added .22 credit
#optionsexpiration
$PACW 6 call. Sold this morning at .25
#spx1dte
3960/3980 – 4140/4120 at 1.50
BTC call side at .40. Put side expired. I was away from trading for the afternoon and place the BTC order. Quite a ride I didn’t know I took.
Have a great weekend
ACLS PLL PACW Call
#coveredcalls
$ACLS STO 5/19 125 call at 1.20
$PLL STO 5/19 60 call at .95
$PACW STO 5/5 6 call at .25
SHOP Strangle / LABU AEHR Call
#shortstrangles
$SHOP STO 5/5 46/53 strangle at 1.09
#coveredcalls
STO 5/5 LABU 6.50 call at .06
STO 5/19 AEHR 30 call at .60
AMD Call
#coveredcalls #earnings
$AMD STO 5/5 94 call at 1.75. Earnings tonight
META Earnings Iron Condor
#earnings #ironcondor
Earnings Wednesday after the close.
$META STO 4/28 185/190 – 240/235 at 1.40
MARA FRC Call
#coveredcalls
$MARA STO 4/28 10 call at .30
$FRC STO 4/28 16.50 call at 1.65
Well the $FRC cover not a good idea. Stock down $3.54 after hours, clearly surpassing the $$1.65 for the cover.
SPX 1 DTE
#spx1dte
$SPX STO 4/19 4085/4105 – 4220/4200 at .95
Expired
SPX 4075/4095 – 4210/4190 Sold at .95
SCHW Put / SGML Call
#shortputs
$SCHW STO 4/21 53 put at .52
#coveredcalls
$SGML STO 4/21 40 call at .45
MARA Put Close
#shortputs
$MARA BTC 4/21 10 put at .05. STO at .88 on 4/12
SHOP U PLL Call
#coveredcalls
$SHOP STO 4/21 50 call at .51
$U STO 4/21 31.5 call at .31
$PLL STO 4/21 60 call at .65
Expirations
#optionsexpiration
$PFE 42.50 call
$SHOP 50 call
$U 32.5 call
SCWB Put Close / META BUPS Close
#shortputs
BTC 4/14 52 put at .60. Took in 1.80 over two rolls
#bups
$META BTC 4/21 180/185 BUPS at .10. STO at 2.10
PLL Call Close
#coveredcalls
$PLL BTC 4/21 65 call at .10. STO at .95
XBI Call Roll
#coveredcalls
$XBI BTC 4/14 78.50 call and STO 4/21 79.50 call at .17 added credit and $1 more if called away
SHOP U Call
#coveredcalls
$SHOP STO 4/14 50 call at .42
$U STO 4/14 32.50 call at .20
Happy Easter and Happy Passover
XBI TECK Calls
#coveredcalls
$XBI STO 4/6 78.5 call at .50
$TECK STO 4/6 43.5 call at .62
Expiration
#optionsexpiration
$U 27 put
$TECK 37.5 call
#coveredcalls #assignment
$AMZN 103 call
$STNG 56 call
SHOP Roll Call (Present!)
#coveredcalls
$SHOP BTC 3/31 47.50 and STO 4/6 49.50 at added credit of .07 and Extra $2 if called away. Go bulls.
SCHW Put / FCX Put Close / U Call Roll
#shortputs
$SCHW STO 4/6 52 put at 1.14
$FCX BTC 3/31/41 put at .75. STO at 3.10
#coveredcalls
$U BTC 3/31 30.5 and STO 4/6 32 call at added credit of .21
AMZN Put Close / STNG Call
#shortputs
$AMZN BTC 6/16 55 put at .10. STO 10/28 at 1.25.
#coveredcalls
$STNG STO 3/31 56 call at .40
SHOP U Call / STNG Call Close
#coveredcalls
$SHOP STO 3/31 47.50 call at .27
$U STO 3/31 35 call at .16
$STNG BTC 3/31 57 call at .40. STO at $2.40
Dates For Next Seven Days
March 29: February Pending Home Sales.
March 30: Q4 GDP-third estimate.
March 31: March Chicago PMI, February Personal Consumption Expenditures (PCE) prices, February Personal Income and Spending, and University of Michigan Final March Consumer Sentiment.
April 3: February Construction Spending and March ISM Manufacturing Index
April 4: February Factory Orders and February Job Openings and Labor Turnover Survey (JOLTS).
SOXL Call Close / TECK AMZN X Call
#coveredcalls #syntheticcoveredcalls
$SOXL BTC 3/31 18.5 call at .05. STO at .74
$TECK STO 3/31 37.5 call at .22
$AMZN STO 3/31 103 call at .16
Today’s Possible Market Movers
Wholesale Inventories for February (8:30 a.m.)
FHFA Home Price Index for January (9 a.m.)
S&P CoreLogic Case-Shiller U.S. National Home Price Index for January (9 a.m.)
ECB’s Lagarde Speaks (9:15 a.m.)
Fed’s Barr Speaks (10 a.m.)
The Conference Board’s Consumer Confidence Survey for March (10 a.m.)
Richmond Fed Manufacturing Index for March (10 a.m.)
Treasury Auction – Five-Year Note (1 p.m.)
American Petroleum Institute Crude Oil Inventory Data (4:30
AI Puts
#shortputs
$AI STO 3/31 26 calls at $2.00
$AI BTC 3/24 25 calls at .10. STO at 2.95
SPX Sameday
#spxcampaign
STO $SPX 3940/3960 – 4040/4060 at .70 Sold at 3:25 Eastern
SPX 1 DTE
PFE LABU CVX U X Covered Calls / PACW BUPS
#coveredcalls
$PFE STO 3/24 41 call .24
$LABU STO 3/24 6 call .04 Channeling my inner @optioniceman
$CVX STO 3/24 157.5 call 1.16
$U STO 3/24 32 call .23
$X STO 3/24 27 call .21
#bups
$PACW STO 4/21 15/20 BUPS at $3.00 Thank you @jeffcp66 for the idea
SPX 1 DTE Closed
#spx1dte
Sold at open
$SPX 3/17 3850/3870 – 4060/4040 at 1.05
Closed put side at .10
SPX 1 DTE
#spx1dte
$SPX STO 3/16 3740/3760 – 3980/4000 at 1.22 SPX at 3783 Expired
Out all day so no trade for tomorrow unless I try at the open.
SPX 1 DTE
#spx1dte
$SPX STO 3/16 3740/3760 – 3980/4000 at 1.22 SPX at 3783
Today’s trade
STO 3/15 3790/3810 – 4020/4090 should expire. Sold this morning for .95
Hmmmmmmmm??
#Cant make this up
Federal Reserve Governor Michelle Bowman asserted that the U.S. banking system remained resilient and had a solid foundation of strong capital and liquidity.
Citi Bank economist Veronica Clark said that the Federal Reserve needs to raise rates higher citing the economy is still too strong on a broad basis.
SPX 1 DTE
AI Strangle
#shortstrangles
$AI STO 3/10 25/29 strangle at $1.48. The 29 call is covered
SPX 1 DTE
#spx1dte
THis morning
$SPX STO 3/7 3970/3950 – 4125/4145 for .90
Today’s Stimuli????
Fed’s Powell Speaks (10 a.m.)
Wholesale Trade Sales for January (10 a.m.)
Treasury Auctions Three-Year Notes (1 p.m.)
Consumer Credit for January (3 p.m.)
American Petroleum Institute Crude Oil Inventory Data (4:30 p.m.)
SPX 1 DTE
#spx1dte
$SPX STO 3/6 3960/3980 – 4110/4130 at $1.10
Today’s Trade
$SPX 3085/3905 – 4050/4070 expired. STO at .80
SPX 1 DTE
#spx1dte
$SPX STO 3/3 3885/3905 – 4050/4070 at $0.80
Todays trade expired. STO at $1.30
Possible Catalyst
FHFA Home Price Index for December, Q4 (Tuesday)
S&P/Case-Shiller Composite for December (Tuesday)
Chicago Purchasing Managers’ Index (“PMI”) for February (Tuesday)
Federal Reserve Bank of Richmond Manufacturing Index for February (Tuesday)
Markit Manufacturing PMI for February (Wednesday)
Fed’s Waller Speaks (Thursday)
Fed’s Logan Speaks (Friday)
Fed’s Bowman Speaks (Friday)
Expiration
#optionsexpiration
$XBI 84.5 call
$SHOP 43 call
$HAL 36.5 put
#assignment
$SHOP 47 put
SPX 1-dte
SPX 1 DTE
Today’s trade 4000/3980 – 4150/4170 ended at a loss of $1.51. Took in $1.15 and position closed at $2.66. Held on to the end. Not advisable. First losing trade with this strategy of the year. I’ve had 20 trades since January 18th. Took in 21.60. Now the first loss. I probably will be trading less. Market is a bit scary.
PLL Called Away
#assignment
$PLL 65 call Stock closed at 64.58 but jumped over $2 after hours and the stock was taken away. Unusual but true
Any Of The Bistroites Do This?
The 50 Cent CBOE Volatility Index (“VIX”) trader has returned with a big bet.
This trader – whoever they are – is known for buying call options on the VIX for around $0.50 per contract. (Remember, when someone buys a call option, they profit if the underlying asset rises in value.) They bet that volatility will rise, which often coincides with stocks falling.
And earlier this week, we got clues that 50 Cent may be back…
The first sign was the purchase of 100,000 call contracts on the VIX for $0.50 each. Then, a day later, another 50,000 contracts went through at $0.51. That was the confirmation we needed that this trader is active again.
And want to know the total value of these trades? About $7.6 million. That’s huge!
But we can learn even more by considering the specifics of this trade…
The options purchased have a $50 strike price and expire in May. Right now, the VIX is hovering around 19. That means the 50 Cent trader expects volatility to more than double by May. This trade could be very profitable even if volatility were to quickly jump to 25 or 30.
Expiration / Called Away
#optionsexpiration
$AMZN 108 call
$AMZN 103 call
$SI 19 call
$SHOP 56 call
$OKTA 67 put
$KR 43.5 put
#assignment
$MO 47 call
$PFE 43 call
SPX 1 DTE
#spx1dte
$SPX STO 2/21 PM 4000/3980 – 4150/4170 at $1.15
Today’s trade STO 3950/3970 – 4170/4190 PM will expire STO at $1.00
U Put / CVX Close Put / PLL Put Roll / SHOP Put Roll
#shortputs
$U STO 2/24/2023 34 put at 1.13
$CVX BTC 2/17 31 put at .05. STO at .25
$PLL BTC 2/17 65 put and STO 3/17 65 put at added credit of $3.60. Stock down today due to expectation of Lithium demand in China.
$SHOP BTC 2/17 47.5 put and STO 2/24 47 put at even.
SPX 1 DTE
#spx1dte
$SPX STO 3950/3970 – 4170/4190 PM expiration at $1.00 $SPX at 4092
As noted today’s trade closed at .10. STO at $1.00
Catalysts This Week?
Federal Reserve Bank of Philadelphia’s Manufacturing Index for February (Thursday)
PPI for January (Thursday)
Fed’s Cook Speaks (Thursday)
The Conference Board’s Leading Economic Indicators for January (Friday)
#shortputs $IIPR BTC 2/17 90…
#shortputs
$IIPR BTC 2/17 90 put at .75. STO at $4.00 on 1/19. Thank you @jsd501 for the idea.
SPX 1 DTE
#spx1dtee Sold to Open $SPX Feb 16th 4050/4070-4205/4225 condors for 1.00, SPX at 4142
Expiring: Feb 15th 4050/4070-4210/4230 condors, sold yesterday for 1.00.
MO Call Roll / SHOP Call
#coveredcalls
$MO BTC 2/17 47 call and STO 2/24 47 call at added credit of .18. Stock at 47.42
$SHOP STO 2/17 56 call at 56. Stock at 53.43
SPX 1 DTE
#spx1dte
$SPX STO 2/15 4070/4050 – 4210/4230 at $1.05
AMZN Strangle
#shortstrangles
$AMZN STO 2/17 96/103 strangle at .80. Call is covered
KR HAL Puts
#shortputs
$KR STO 2/17 43.5 put at .16
$HAL STO 2/17 37 put at .17
CPI for January (8:30 a.m.)
Hourly Wage Earnings for January (8:30 a.m.)
Fed’s Logan Speaks (11 a.m.)
Fed’s Harker Speaks (11:30 a.m.)
Fed’s Williams Speaks (2 p.m.)
American Petroleum Institute Crude Oil Inventory Data (4:30 p.m.)
Options Bistro 