Stocks at the close

Bought a tiny bit more of GPS at $16.00 and PYPL at $180.00 at the closing bell

TQQQ Call Rollup

Bought to close 1 TQQQ Dec 03 2021 162.0 Call at $2.40. Sold last week on a roll at $8.74.
Replaced it with 1 short TQQQ Dec 10 2021 170.0 Call at $2.55 – added 8 points to the short strike
For Friday I still have a short 170.0 and 185.0 Calls and short puts at 145.0 and 137.50.

VZ Stock

Added to my tiny VZ stock positions at $50.00.
Forward P/E under 10 and a 5% Divvy down here

TSLA Puts

Sold these puts while I wait for a chance to roll my short calls
TSLA Dec 03 2021 845.0 Put at $0.36
TSLA Dec 03 2021 890.0 Put at $0.71
TSLA Dec 03 2021 940.0 Put at $1.37
#OnlySpreads

AKS LVS

the Re-opening trade is hereby cancelled
Bought tiny bits of these at new lows just in case I’m wrong
Bought ALK at $47.00
Bought LVS at $35.00

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TQQQ Call rollup

Bought to close 1 TQQQ Dec 03 2021 152.0 Call / Sold to Open 1 TQQQ Dec 10 2021 155.0 Call at $0.45 Net Credit plus a 3-point bump in the short strike

VXX bouncing a bit

Sold VXX Dec 03, 2021 26.5 Calls at $0.53 and $0.60.
The strike is slightly above Friday’s peak on VXX at 26.44.
I’m also hoping to be able to cover a bunch of short VXX puts on Friday

CCL CTXS T TFX stock

Added to my T position at 22.50, a fresh 5-year low.
Added to my TFX position at 290.00 and a new low.
Added to my tiny CTXS stock position at $80.00, and another new 3-year low.
Started a tiny new position in CCL at 17.00, also a new 52-week low.
#SP500 #FallingKnife

TNA Put closed

Sold to close 1 TNA Dec 03 2021 80.0 Put at $1.48. Bought on 11/15 at $ 0.53.
I didn’t want it to expire worthless on Friday with the market going up and the stock at 83.20

LABU Calls

Sold LABU Dec 03 2021 47.0 Calls at $0.40.
Paired with LABU 35, 43 and 46 short puts for this week.
If the calls are threatened the puts are golden.

VXX Puts

Bought to close VXX Dec 03 2021 20.0 Puts at $0.01 after many rolldowns.
#VXXContango

VXX Call

Sold 1 VXX Dec 03 2021 25.0 Call at $1.50

TNA Put

Sold 1 TNA Dec 03 2021 75.0 Put at $2.15

CMI FIS FLT MA NCLH QRVO T TFX ZBH Stocks

The pain is starting to spread for the S&P index components as even more stocks in the index hit new lows.
Bought tiny, tiny bits of all these.
CMI at $210.00
FIS at $104.29
FLT at $210.00
MA at $312.00
NCLH at $19.00
QRVO at $146.00
T at $23.00 (2nd buy today)
TFX at $300.00
ZBH at $120.00
#SP500 #FallingKnife

CAH GPN MDT MKTX T WU

Added tiny positions to each of these at new lows.
CAH at $47.00
GPN at $120
MDT at $109.56
MKTX at $335.00
T at $23.50
WU at $16.00
#SP500 #FallingKnife

VXX Calls

Sold more VXX Dec 03 2021 32.0 Calls at $0.27
Sold VXX Dec 03 2021 30.0 Calls at $0.40
Sold VXX Dec 03 2021 28.0 Calls at $0.51 and $0.57

UHS Stock

Started a tiny new position in UHS stock at a 52-week low of $121.23.
#SP500 #FallingKnife

LABU Puts

Sold LABU Dec 03 2021 35.0 Puts at $0.35.
Written against already long Dec 23 2021 35.0 Puts, so this is a calendar spread with no further downside risk.

More Stocks – BIIB VTRS

Bought a tiny bit of BIIB at $238.00 and added more VTRS at $12.50, both at new lows.
#SP500 #FallingKnife

VXX Calls

Not that bearish anymore
Sold VXX Dec 03 2021 32.0 Calls at $0.20

Markets

https://www.marketwatch.com/story/these-60-stocks-including-draftkings-zillow-and-virgin-galactic-are-down-at-least-50-from-their-2021-highs-11638195062

TQQQ Put

Sold 1 TQQQ Dec 03 2021 137.5 Put at $0.35.
Paired with numerous short calls for this week.

LABU Calls

Sold LABU Dec 03 2021 50.0 Calls at $0.60.
Paired with existing short LABU 43.0 & 46.0 puts for a strangle

BMY CMI VIAC Stocks

Bought a tiny bit of each at new 52-week lows
BMY at $55.51
CMI at $216.41
VIAC at $32.00
#SP500 #FallingKnife

OptionsExpiration

Little left to expire after closing orders and rolls

==Expired==
SQQQ 11/26/2021 6.50 Covered Call
TLRY 11/26/2021 13.0 Covered Calls
TLRY 11/26/2021 15.0 Covered Calls
TLRY 21/15 11/26/2021 Bear Call Spread
TNA 110/103 11/26/2021 Bear Call Spread
TQQQ 175/169 11/26/2021 Bear Call Spread

== Assignments==
Allowed some of my VXX Stock to be called away at $25.00 plus $0.23 Call premium
I have a bunch of short puts with strikes below 25 for next Friday

TSLA Puts

Bought to close TSLA Nov 26 2021 840.0 Puts at $0.01.
Sold against long 720 puts as a #DoubleDip write at $1.14 and $1.31

VXX Calls Rolled up

Rolled this week’s VXX 23.0 Covered Calls to next week’s VXX 25.5 Calls for a $0.04 Credit

LABU and TNA Put Rolldown

Rolled this week’s LABU 47.0 Puts to next week’s 46.0 Puts for a $0.10 Credit
Rolled this week’s LABU 45.0 Puts to next week’s 43.0 Puts for a $0.10 Credit
Rolled this week’s TNA 93.0 Put to next week’s 90.0 Put for a $0.15 Credit

RIVN Put

Bought to close 1 RIVN Nov 26 2021 105.0 Put at $0.05. It won’t trade any lower.
Sold on Monday at $2.30 as a #DoubleDip write against a Long Jan 70 put

TNA Scalp Trade

Sold TNA 11/26/2021 80.0 Puts @ 0.52. TNA is at $84, down 12 points. Expires in a few hours.

Falling Knife Stocks

I made very tiny of buys in all these names today at new 52-week lows.
Is this a BTFD moment??
DAL at $35.00
DIS at $146.00
DVA at $98.00
FLT at $220.00
GPS at $17.00
PENN at $50.00
TFX at $310.00
V at 192.81
VTRS at $12.83
XRAY at 50.00
ZBH at $125.00
#Sp500 #FallingKnife

VXX Calls

Sold VXX Dec 03 2021 25.5 Calls at $0.80 & $0.83

TQQQ Call Rollup

Bought to close 1 TQQQ Nov 26 2021 162.5 Call at $4.11. Sold on a roll last week at $9.73
Sold to Open 1 TQQQ Dec 03 2021 170.0 Call at $4.40 to replace it.
I’m hoping my 169.0 call expires in a few hours.

TSLA Call

Bought to close 1 TSLA Nov 26 2021 1,250.0 Diagonal Call at $0.01.
Sold on Monday at $10.55

LABU Puts

Bought to Close Contracts LABU Nov 26 2021 40.0 Puts at $0.05. They won’t trade any lower.
Sold on Tuesday at $0.70

LABU Scalp

Sold LABU Nov 26 2021 48.0 Calls at $0.54.
Paired with short puts at 40, 45 and 47.

Only a half day of trading on Friday

RIVN Put Rolled

Rolled it down 10 points last week. Doing it again.

Bought to close 1 RIVN Nov 26 2021 120.0 Diagonal Put / Sold to Open 1 RIVNDec 03 2021 110.0 Put at $0.23 Credit and jumped the short strike down 10 points.

I’ll ride one short RIVN 105.0 Diagonal Put into tomorrow’s expiration.

GPS Stock

I normally don’t like investing in retailers so I bought even less than I normally would for a low priced stock.
Bought GPS at $18.00, a new 52-week low.
#SP500
Rapidly #FallingKnife

RIVN Put

Bought to close 1 RIVN Nov 26 2021 100.0 Put at $0.05. It won’t trade any lower
Sold as part of a Jan/Nov Diagonal spread earlier this week at $3.45.
Still have the long to write against next week

Markets

The retail bloodbath continues today
JWN -30%
GAP -24%

VXX Puts

Hoping for ‘Volmageddon 2.0’ but it looks like it won’t happen this week
Bought to close VXX Nov 26 2021 24.5 Puts at $3.62. Sold last Thursday at $4.05.
Sold to Open VXX Dec 03 2021 24.5 Puts at $3.77.

VXX Covered Calls

With some successful put rolls out of the way I’m rolling part of my covered calls up to next week for a nice bump in premium.
Bought to close VXX Nov 26 2021 23.0 Calls at $0.07. Sold Friday and Monday at $0.23 and $0.24.
Sold to Open VXX Dec 03 2021 23.5 Covered Calls at $0.44

Bought to close VXX Nov 26 2021 22.5 Calls at $0.14. Sold on Monday at $0.21, $0.23 and $0.28.
Sold to open VXX Dec 03 2021 23.0 Covered Calls at $0.59

TSLA Call Rollups

Rolled this week’s TSLA 840 Diagonal Call to next week’s TSLA 845 Call for a $0.05 Credit
Rolled this week’s TSLA 880 Diagonal Call to next week’s TSLA 890 Call for a $0.05 Credit.
Rolled this week’s TSLA 930 Diagonal Call to next week’s TSLA 940 Call for a $0.80 Credit.
Lowered my spread requirements by $2500.

Waiting to cover my remaining TSLA 11/26/2021 1250.0 call and my TSLA 11/26/2021 840.0 Puts at a penny so I can re-write more of each for next week.

VXX Put rolldowns

Bought to close VXX Nov 26 2021 21.0 Puts at $0.20. Sold on a roll last Thursday at $1.04.
Sold to Open VXX Dec 03 2021 20.0 Puts at $0.22. A full point lower.

Partial Roll
Bought to close VXX Nov 26 2021 22.5 Puts at $1.25. Sold on a roll last Thursday at $2.13.
Sold to Open VXX Dec 03 2021 22.0 Puts at $1.40 and a half point lower.

Bought to close VXX Nov 26 2021 24.0 Puts at $2.39. Sold on a roll last Thursday at $3.66.
Sold to Open VXX Dec 03 2021 23.5 Puts at $2.41 and a half point lower.

TSLA Put

Sold 1 TSLA Nov 26 2021 840.0 Put at $1.31.
A #DoubleDip write against a leftover Nov 26 2021 720 Put from last week’s spreads.
No additional spread requirement because of my existing call spreads
Stock is 1080

Markets

Some retailers getting crushed
ANF -17%
BBY -16%
URBN -14%
DKS -10%
and a non retail stock
ZM -19%

TQQQ early Call rollups

Because it’s a holiday week and rolls will be tougher in a typically quiet day on Wednesday and a shortened trading day on Friday, I’m taking advantage of a weak market to improve some positions for next week.

Bought to close 1 TQQQ Nov 26 2021 144.0 Call at $20.97. Sold last Thursday on a roll at $26.64.
Sold to Open 1 TQQQ Dec 03 2021 145.0 Call at $21.30 for a credit of $0.33 and a point higher on the strike.

Bought to Close 1 TQQQ Nov 26 2021 159.0 Call at $8.03. Sold last Thursday on a roll at $12.64.
Sold to Open 1 TQQQ Dec 03 2021 162.0 Call at $8.74 for a $0.71 Credit and a 3 point higher strike.

VXX

Sold VXX Nov 26 2021 22.5 Covered Calls at $0.32, $0.33 and $0.34

TNA Put

Sold 1 TNA Nov 26 2021 93.0 Put at $1.72, replacing a 98 put that expired Friday and paired with a short 103 call for this week.

LABU Put

Sold 1 LABU Nov 26 2021 45.0 Put at $1.55.
The strike is below the current 52-week low

VXX

Running at the end of the day
Sold VXX Nov 26 2021 22.0 Covered Calls at $0.45
Sold VXX Nov 26 2021 22.5 Covered Calls at $0.31
Sold VXX Nov 26 2021 23.0 Covered Calls at $0.23

TMUS stock

Started a tiny position in TMUS at $114.00, at a new 52-week low.
Goes along with my T and VZ positions
#Sp500 #FallingKnife

TSLA – rolling the long out and up

Sold to close 1 TSLA Dec 17 2021 960.0 Call at $237.87. Bought it at $13.58 as the long on a diagonal call spread.
Replaced it with a less expensive long to give me an extra month of rolling my short calls while pulling some cash out of the position.
Bought 1 TSLA Jan 21 2022 1,250.0 Call at $97.62

PYPL stock

Started a tiny new position in PYPL at what was a new low at $189.00. It’s lower now
#SP500 #FallingKnife

#shortput

RIVN

New Diagonal Put spread
Bought 1 RIVN Jan 21 2022 65.0 Put / Sold to Open 1 RIVN Nov 26 2021 100.0 Put at $0.40 Net Credit

TNA Call

Sold 1 TNA Nov 26 2021 103.5 Diagonal Call Net at $2.10, replacing part of the 99 and 100 calls that expired Friday

ATVI Stock

Added to my tiny ATVI stock position at $60.00.
#SP500 #FallingKnife

RIVN TSLA

Moving in opposite directions
Sold 1 RIVN Nov 26 2021 105.0 Diagonal Put at $2.30, replacing the 130 Put I covered at a nickel on Friday
Sold 1 TSLA Nov 26 2021 1,250.0 Diagonal Call at $10.55, replacing the 1160 Call I covered at a penny on Friday.

TSLA Call Covered

It took until the end of the day but
Bought to close TSLA 11/19/2021 1160.0 Diagonal Call at $0.01. Sold last Friday at $6.47 on a #DoubleDip write against a December long call

OptionsExpiration

As with any major monthly expiration a lot of old long calls and puts from old spreads rolled off. In most cases I was able to get one more week of writing against them since they were worthless coming into this week.
A fresh slate on Monday with a lot less risk.

==EXPIRED==
AMC 11/19/2021 95/48 Bear Call Spread
AMC 11/19/2021 65/47 Bear Call Spread
AMC 11/19/2021 20/39 Bull Put Spreads
LABU 11/19/2021 90/56.0 Bear Call Spread
LABU 11/19/2021 85/56.0 Bear Call Spreads
LABU 11/19/2021 56.0 Diagonal Calls
LABU 11/19/2021 35/49 Bear Call Spreads
LABU 11/19/2021 48.0 Diagonal Puts
SLV 11/19/2021 23.5 Diagonal Calls
SLV 11/19/2021 18/22.5 Bull Put Spreads
TLRY 11/19/2021 20/15.5 Bear Call Spreads
TLRY 11/19/2021 15.0 Diagonal Calls
TLRY 11/19/2021 15.0 Covered Calls
TNA 11/19/2021 98.0 Diagonal Puts – threaded the needle here
TNA 11/19/2021 99.0 Diagonal Calls – here too
TNA 11/19/2021 100.0 Diagonal Calls
TNA 11/19/2021 114.0 Diagonal Calls
TQQQ 11/19/2021 70/155.0 Bull Put Spread
TQQQ 11/19/2021 70/156.0 Bull Put Spread
TQQQ 11/19/2021 75/157.0 Bull Put Spread
TQQQ 11/19/2021 110/158.0 Bull Put Spread
TQQQ 11/19/2021 110/159.0 Bull Put Spread
VXX 11/19/2021 63/25 Bear Call Spreads
VXX 11/19/2021 62/25 Bear Call Spreads
VXX 11/19/2021 61/24 Bear Call Spreads
VXX 11/19/2021 60/24 Bear Call Spreads
VXX 11/19/2021 59/23 Bear Call Spreads
VXX 11/19/2021 34/22.5 Bear Call Spreads
VXX 11/19/2021 22.5 Covered Calls
VXX 11/19/2021 22.0 Covered Calls
VXX 11/19/2021 21.5 Covered Calls

LABU Puts

Rolled these down 5 points last week, rolling them down 3 points more now
Bought to Close LABU Nov 19 2021 50.0 Puts/ Sold to Open LABU Nov 26 2021 47.0 Puts at $0.05 Credit.
The new strike is below the 52-week low.

My 49 and 48 puts are about to expire along with my 56 Calls

RIVN put closed

Bought to close 1 RIVN Nov 19 2021 130.0 Put at $0.05. It won’t trade any lower
Sold as part of a Jan/Nov Diagonal spread earlier this week at $2.32.
Still have the long to write against next week

VXX Calls

Continuing to roll some covered calls, this time up a bit.
Bought to close VXX Nov 19 2021 22.5 Calls at $0.01. Sold on 11/15 at $0.21 and $0.22
Sold to Open VXX Nov 26 2021 23.0 Calls at $0.23 & $0.24.

KOLD Puts Rolled down – again

Bought to close KOLD Nov 19 2021 7.0 Puts at $0.03. Sold in October as a #DoubleDip write at $1.42.
Sold to Open KOLD Dec 17 2021 6.0 Puts at $0.74.
Bought to close KOLD Nov 19 2021 6.0 Puts at $0.03. Sold in October as a #DoubleDip write at $0.90
Sold to Open KOLD Dec 17 2021 5.0 Puts at $0.49.
My long puts are May 2022 3.0 and 4.0.

T stock

Added to my tiny T stock position at a fresh 52-week low at $24.00
Low forward P/E, high divvy down here.
My chart only goes out 5 years and this is as low as it’s been.
#SP500 #FallingKnife

TSLA Puts

Bought to close 1 TSLA Nov 19 2021 840.0 Put at $0.01. Sold this on Monday at $2.06
Bought to close 1 TSLA Nov 19 2021 835.0 Put at $0.01. Sold this on Monday at $1.78
Both were #DoubleDip writes against leftover longs from earlier diagonal spreads

Markets

15 of the top 20 losers in the #SP500 are Oil and Gas related stocks
Questions about continued demand if worldwide lockdowns reappear.
Most of these set their highs for the year within the last 30 days.

VXX Calls

Just starting to roll some covered calls
Bought to close VXX Nov 19 2021 22.5 Calls at $0.03. Sold on 11/15 at $0.20.
Sold to Open VXX Nov 26 2021 22.5 Calls at $0.38

TFX Stock

Bought a tiny bit of TFX at 327.66, at a fresh 52-week low
#SP500 #FallingKnife

VXX Long term

Bought to open VXX Jan 19 2024 5.0 Put at $0.90
#VXXContango purchase

RIVN Put Rolled

Bought to close 1 RIVN Nov 19 2021 130.0 Diagonal Put / Sold to Open 1 RIVN Nov 26 2021 120.0 Put at $0.20 Credit and jumped the short strike down 10 points.

I’ll ride one more of these 130.0 Diagonal Puts into tomorrow’s expiration

VXX Put Rolls

Rolled VXX 24.5 Puts to next week’s 24.5 Puts for $0.12 Credit
Rolled VXX 24.0 Puts to next week’s 24.0 Puts for $0.15 Credit
Rolled VXX 22.5 Puts to next week’s 22.5 Puts for $0.30 Credit
Rolled down VXX 21.5 Puts to next week’s 21.0 Puts for $0.02 Credit

TQQQ Call Rolls

Rolled This week’s calls to next week
Rolled 144.0 Call to 144.0 Call for $0.16 Credit
Rolled 149.0 Call to 150.0 Call for $0.65 Debit ( no 149 strike for next week) -bumped the strike up a point
Rolled 159.0 Call to 159.0 Call for $0.98 Credit
Rolled 161.0 Call to 162.5 Call for $0.05 Credit – bumped the strike up 1.5 points
Rolled 166.0 Call to 169.0 Call for $0.14 Credit – bumped the strike up 3.0 points

TQQQ early Call assignment

I got assigned overnight on 1 short TQQQ Nov 19 2021 125.0 Call.
To take care of the short stock I exercised my own long TQQQ Nov 26 160.0 Call. Paid $0.88 for it on 10/11.
One less thing to worry about tomorrow.
#CantWinThemAll

RIVN Options

Weeklys now trading
Just in time as I will likely have to roll my short puts tomorrow