STO January 250 puts @ 4.10

STO October 45 puts @.80 cents

Sold to open June 21, 145/175 strangle at 1.40

BTC the June 37.5/62.5 strangle at .45 cents sod yesterday at 1.00

BTO June 250 call @ 21.57

STO June 200 puts @ 6.06

STO June 270 call @ 10.78

The stock is breaking down on volume and the next major support level is 180

BTC 145/185 strangle @.46 cents. Sold yesterday at 1.35

STO September 170 puts @ 2.99

STO June 21, 85 put @ 1.55

STO July 19, 80 put @ 1.60

STO June 450 puts @ 5.10

STO September 25 puts @ 1.90

STO September 35 puts @ 3.20

STO September 100 puts @1.40

STO November 40 puts @1.10

BTO May 17, 70/80 bull call spread at 3.30 for a very small trade.

Following Fuzzball with a small twist. I am going to take a chance on the earnings on May 13th.

BTO June 270 call @ 2.25 x1

STO June 290 call @11.40 x1

STO June 250 puts @ 8.75 x2

STO January 300 puts @ 10.30 with stock at 376, BAC downgraded the company.

This is a boring day so I will entertain you with my latest problem. It seems that someone set up a FL corporation using my name and address in January of this year. I found out about it by the letters from other services trying to sell them services that came to my address. Any way, I posted a notarized letter on the corporate site at the Dept. of Corporation stating that this was not me and probably a fraud. I then froze my credit and now will wait to see what happens.

STO August 75 puts @3.10

STO October 45 puts @ 1.14

I did not win the lottery.

STO April 1, 2575/2625 put spread at .60 cents.

STO April 3, 2600/2650 bull put spread for a net of .66 cents

STO April 18, 24 puts @ .69
Stock breaking out on volume

STO April 10,  2710/2735 bull put spread at 1.90

I have an order in to unwind the double calendar but there is no fill yet. Just no liquidity today. This was just a test trade for me so not any real risk on this trade.

STO January 2020, 300 puts @ 14.00

STO September 30 puts @2.45

STO May 17, 60/65 call spread @ .80 cents on a partial fill.

Rolled March 65 calls to June 21, 70 calls for a credit of 2.90,trying to stay ahead of this rally.

I forgot to post these.

STO June 21, 40 puts @ 4.00

STO June 21, 35 puts @2.60

STO June 21, 70 calls @ 2.80, long 2021 leaps.

Rolled the 41 calls that expire today out to the June 42 calls for a credit of .15 cents. It is very hard to get any premium on the rolls.

STO March 29, 50 puts @3.50, the QQQ is breaking above the 150 and 200 day MA.

STO March 22, 65 calls at .61, long 2021 leaps.

STO March 15, 59/64 calls spread at .27 cents against my 2021 leaps.

STO March 15, 55/60 call spread @ .60 against my leaps in 2021

STO January 2021, 65 calls against my 2021 60 calls. The 65 calls were sold at 6.27 average price. Yesterday I bought the TQQQ stock at 43.25 to cover the 55 calls that I sold previously at 6.05

Only one today. TQQQ January 18, 50/55 call spread  which is against my leaps position in 2021.

This is breaking out to a new high so I sold the May 75 puts at 7.82 and bought a May 75/90 Bull call spread for 6.05, just following the charts.

STO 52/57 call spread at .30 for February 15 expiration. I have the 50/55 call spreads that expire tomorrow so just pre selling some.

STO February 15, 50/55 call spread at .26 adding to my position. I am pre selling some of these because I have a large expiration this Friday.

STO February 15, 50/55 bear call spread at .60 cents. I am scaling these out against my 2021 long position.

BTC January 18, 63 calls at .05 and STO January 18, 40/45 calls spread for a credit of .52 cents. It is a good thing that I have 2 years to go on these.

I rolled my January 18, 2019, 95 calls out to the January 2020, 95 calls for a credit of 2.80

Does anyone know what this means. I see it over on SMM.

😎

STO January 25, 45/50 call spread at .20 cents. I am pre selling these against my 65 calls that expire on January 18.

STO January 2021, 55 calls @ 5.50 which are offset by my 2021, 60 calls. I am scaling the calls out and my next level is 6.10 and, I still have the January 18, 2019, 50/55 call spreads that I expect to expire at zero or I may cover at .05 cents. My reasoning is that even though we are going up today and the market is very over sold, the trend is down and we are in a stage 4 decline. I expect the bear market to last 12 to 18 months.

When I see the market move above the 30 week moving average on volume, I will cover the 2021, 55 calls and see if we can make a new high if we are in another bull market at that time. That is my game plan and I have 2 years to make it work. I still intend to sell short dated call spreads  against the 2021 calls.

See you on Wednesday.

Anyone know where the T2108 is trading?

Another ugly day in the market.

BTO January 18, 55 calls at 1.20 creating a 50/55 call spread against my January 2021 call position. This frees up a lot of margin and I can roll the spread if I need to.

Rolled my 60 calls in February 15, down to January 18, 50 calls for a credit of 1.90 because I am bearish on the market. I know we are up today but I think we are in a bear market if I am reading the charts correctly. If not, I think I can roll these for a 5cent to 10 cent credit and pick up a half point in the strike price with 2 years until expiration. I own the 60 calls in 2021.

In my IRA, BTC a partial of the December 21, 61 covered calls @.05 cents, sold at 2.30

Down 400 points. I wonder if we will see down 800?

BTC December 28, 40 puts @ .80, sold yesterday at 1.70

Fox business said he hit Job number projecting yesterday 155,000. His projection came true. Still bearish on stocks, same view as last 6 months. Would not put new money in market.

Earlier I bought to open the December 7, 1625/1640 bull call spread at 10.50 for a small trade of 5 contracts. I have an order in to sell it at 14.50 so may get filled at the end of the day or early tomorrow.

STO December 28, 40 puts @ 1.70

STO December 14, 52.5 calls @ .90 cents replacing the 51 calls that expired on Friday. Just chipping away at this one.

Have a nice weekend to everyone. I can’t wait until Monday.

My 51 covered calls will expire today. They were sold at a net of .475 cents. If we get a big rally on Monday, I can sell them again.

BTC January 4, 49.5 calls @ 4.14

STO January 11, 50 calls @ 4.26

I rolled the 49 calls in December 21 out to February 54 calls for a credit of .15 cents. I was having some margin problems since I was long the 60 calls in 2021 and short the 49 calls in December.I am giving up 8 weeks of rolls but had 38 weeks covered so far.

Rolled the 55 puts in January 2019 out to January 2021, 45 puts for a credit of 5.55

In my IRA, rolled December 21,  49 calls out to January 4, 49.5 calls for a credit of .35 cents. I am long the 60 calls in 2021 but now only need 9.33 cents to break even each week from January 4

I rolled the rest of my 61 calls in December 14, to January 18, 65 calls for a credit of .70 cents.

Rolled my 55 calls out to January 18, 63 calls for a credit of .90 cents. I get my .15 cents per week and a better strike price. I still have to roll the December 14 calls,  to January 18 calls.

STO December 14, 61 calls @.50 cents. I own the 115 calls in 2021 so at least I have 2 more years to collect premium. This was a bad trade but I plan on staying with this one until expiration. I only need .15 cents per week to break even.

Happy turkey day to everyone.

I will be here tomorrow but don’t expect to do anything. This is a really sick market. Who would have thought that the whole U.S. stock market is based on selling iphones. LOL.

There does not seem to be a FED put anymore so I am doing very little other than selling short dated calls against my long call leaps. I hope everyone has raised cash and is sitting on your hands.

I am getting killed on this from mark to market.

STO December 7, 55 calls @ .92 on half my position but this covers my weekly nut of .15 cents. I can still sell the other half on a rally to earn more than my weekly premium when it does recover in the next 3 weeks.

Only one today.

LABU 75 calls against my 115 calls that expire in 2021. I will sell more on Monday.