Sold SOXL Jun 16 2023 17.5 Puts at $0.18 and $0.19
Offsetting this week’s short calls in SOXL
Author Archives: Option Iceman
Trades
Sold BOIL Jun 16 2023 3.0 Covered Calls at $0.12
Sold BOIL Jun 23 2023 3.5 Covered Calls at $0.05
Sold 1 KRE Jun 09 2023 39.0 Put at $0.15
Sold 1 KRE Jun 09 2023 38.5 Put at $0.11
Sold LABU Jun 09 2023 7.5 Calls at $0.06
Sold 1 TGT Jun 09 2023 125.0 Put at $0.46
Sold UVXY Jun 23 2023 4.0 Covered Calls at $0.07
Sold VXX Jun 09 2023 34.0 Covered Calls at $0.30 and $0.33
Sold 1 VXX Jun 09 2023 35.0 Covered Call at $0.23
Sold VIXW Jun 07 2023 17.0 Calls at $0.25 and $0.32
LABU Calls
Rolled LABU May 02 2023 6.0 Calls out a week at $0.12 Credit
Rolled LABU May 02 2023 6.5 Calls up to LABU May 09 2023 7.0 Calls at $0.02 Credit
#OnlySpreads
TEL VZ Stock
Sold my last tiny bit of TEL at $126.01 Bought on 06/16/2022 at $115.91.
#FormerFallingKnife
Added to my tiny position in VZ on the open at 34.43. Div = 7.3%
#FallingKnife
VIX Puts
Sold 1 VIX Jun 21 2023 15.0 Put Net Credit at $0.23
Buy to Open 1 Contract VIX Jun 21 2023 13.0 Put at $.03 for a $0.20 Credit
SOXL Calls
Bought to close SOXL Jun 02 2023 18.0 Diagonal Calls at $3.95. Sold last week on a roll at $4.58
Rolled out to SOXL Jun 09 2023 18.0 Calls at $4.00
Bought to close 1 SOXL Jun 02 2023 19.0 Diagonal Call at $3.10. Sold last week on a roll at $3.40
Rolled out to 1 SOXL Jun 09 2023 19.0 Call at $3.25
Bought to close 1 SOXL Jun 02 2023 20.0 Diagonal Call at $1.70. Sold last week on a roll at $3.15
Rolled up to 1 SOXL Jun 09 2023 20.5 Call at $1.72
Bought to close 1 SOXL Jun 02 2023 24.0 Diagonal Call at $0.01. Sold at $0.76
Bought to close 1 SOXL Jun 02 2023 24.5 Diagonal Call at $0.01. Sold at $0.62
Bought to close 1 SOXL Jun 02 2023 25.0 Diagonal Call at $0.01. Sold at $0.58
VIX Index
A new 52-week low in the VIX this morning at 15.07
VXX Calls
Bought to close VXX Jun 02 2023 44.0 Covered Calls at $0.01. Sold Tuesday at $0.14
Rolled down for a #DoubleDip Trade
Sold VXX Jun 02 2023 34.0 Calls at $0.18
Rolling VFC
Once again rolling this down
Bought 1 VFC Jun 02 2023 18 Put / Sold 1 VFC Jun 09 2023 17.5 Put at $0.05 Credit
Also Sold to Open 1 VFC Jun 09 2023 16.0 Put at $0.21 for next week
#OnlySpreads
ATVI Stock
I had a lot of patience with this one because Microsoft said they were going to buy them out.
Not so much. 😦
Liquidated my tiny position in ATVI at $80.90.
Bought twice in November 2021 at $65.88 and at $60.00.
Made an OK return of about 28% over about a year and a half
#FormerFallingKnife #RaisingCash
SYY Put
Bought to close 1 SYY Jun 02 2023 69.0 Put at $0.05. It can’t trade any lower.
Sold Tuesday at $0.30
VIX Iron Condor
Bought to Open 1 VIXW Jun 07 2023 14.0 Put at $0.02
Sold to Open 1 VIXW Jun 07 2023 16.0 Put at $0.32 for a $0.30 Credit
Bought to Open 1 VIXW Jun 07 2023 31.0 Call at $0.05
Sold to Open 1 VIXW Jun 07 2023 21.0 Call at $0.19 for a $0.14 Credit
#OnlySpreads
MMM Stock
Added to my tiny position on MMM at $93.50. Div = 6.25%
#SP500 #FallingKnife
KRE VXX
Sold 1 KRE Jun 02 2023 37.5 Put at $0.15
Sold 1 VXX Jun 02 2023 40 Call at $0.11
Sold 1 VXX Jun 02 2023 39.5 Call at $0.12
Sold 1 VXX Jun 02 2023 33.0 Put at $0.23
#OnlySpreads
NVDA Call Spread closed
Bought to close 1 NVDA 06/02/2023 420.0 Call at $0.68
Sold to close 1 NVDA 06/09/2023 465.0 Call at $0.74 for a $0.06 Credit on the way out.
Got $1.12 credit on the way in.
Releases $4500 in margin 2 days early
In this less than 24 hours
#WinWin
TNA Puts
Sold TNA Jun 02 2023 26 Puts at $0.10
Sold against old long Puts
#OnlySpreads
AAP Put
Post-earnings
Bought 1 AAP 06/16/2023 60.00 Put at $0.17
Sold 1 AAP 06/02/2023 75.00 Put at $1.52 for a $1.35 Credit
#OnlySpreads
VXX
Sold 1 VXX Jun 02 2023 40.5 Call at $0.16
Sold 1 VXX Jun 09 2023 32.0 Put at $0.26 #VXXContango
#OnlySpreads
SPAXX
Hard to compete against this FIDELITY GOVERNMENT MONEY MARKET yield of 4.75%
So I’ll be less likely to buy low yielding stocks
VIXspire
I’m expecting these to expire on the open tomorrow
VIX 40/26 Bear Call Spread
VIX 39/26 Bear Call Spreads
VIX 38/25 Bear Call Spreads
VIX 37/25 Bear Call Spread
VIX 36/25 Bear Call Spread
VIX 35/24 Bear Call Spread
VIX 34/23 Bear Call Spread
VIX 14/16 Bull Put Spreads
#OnlySpreads
VXX Call Ladder and VIX Call Spreads
Sold VXX 06/02/2023 38.5 Calls at $0.34 and $0.40
Sold VXX 06/02/2023 39.0 Calls at $0.32, $0.33 and $0.36
Sold VXX 06/02/2023 39.5 Calls at $0.28 and $0.32
Bought VIX Jun 07 2023 32.0 Calls at $0.07
Sold VIX Jun 07 2023 23.0 Calls at $0.27 for a $0.20 Credit
(This week’s positions expire on the open tomorrow)
#OnlySpreads
TGT Puts
Bought 1 TGT Jun 09 2023 120.00 Put at $0.29 while selling 1 TGT Jun 02 2023 130.00 Put at $0.70 for a $0.41 Credit
#OnlySpreads #FallingKnife
Strong market, weak stocks
All diagonal Spreads on #FallingKnife stocks:
Bought 1 MOS 06/09/2023 27.0 Put while selling 1 MOS 06/02/2023 32.0 Put for $0.15 Credit
Bought 1 CF 06/09/2023 53.0 Put while selling 1 CF 06/02/2023 60.0 Put for $0.20 Credit
Bought 1 SYY 06/16/2023 60.0 Put while selling 1 SYY 06/02/2023 69.0 Put for $0.20 Credit
Bought 1 BMY 06/09/2023 57.0 Put while selling 1 BMY 06/02/2023 62.0 Put for $0.16 Credit
Bought 1 WBA 06/09/2023 25.0 Put while selling 1 WBA 06/02/2023 29.0 Put for $0.12 Credit
Bought 1 AMGN 06/09/2023 195.0 Put while selling 1 AMGN 06/02/2023 210.0 Put for $0.27 Credit
Bought 1 PNC 06/09/2023 105.0 Put while selling 1 PNC 06/02/2023 115.0 Put for $0.30 Credit
#OnlySpreads
LABU KRE VFC CMA ZION
Sold LABU Jun 02 2023 6.5 Calls at $0.24, replacing calls that expired Friday
Sold VFC Jun 02 2023 17.0 Puts at $0.15, replacing puts that expired Friday
Sold 1 KRE Jun 02 2023 38.0 Put at $0.18
Sold 1 KRE Jun 02 2023 37.0 Put at $0.09
Both replacing Puts that expired Friday
Sold 1 CMA Jun 02 2023 40.0 Covered Call at $0.16
Sold 1 CMA Jun 02 2023 40.5 Diagonal Call at $0.15
Both replacing similar calls that expired Friday
Sold ZION Jun 02 2023 30.0 Covered and Diagonal Calls at $0.33, replacing calls that expired Friday
OptionsExpiration
BOIL 3.5 Covered and Diagonal Calls
CMA 40.0 Covered Call
CMA 41.5 Diagonal Call
CMA 43.0 Diagonal Call
HD 245/270 Bull Put Spread
LABU 7.5 Calls
KRE 26/38.5 Bull Put Spread
PFE 34/36.5 Bull Put Spread
PNC 129/124 Bear Call Spreads
QCOM 99.0 Diagonal Put
TNA 15/27 Bull Put Spreads
UVXY 4.0 Diagonal Calls
UVXY 4.5 Covered Calls
UVXY 7/5 Bear Call Spreads
VFC 17.5 Diagonal Put
VFC 16.5 Diagonal Put
VXX 54/44.5 Bear Call Spread
VXX 53/44 Bear Call Spread
VXX 52/43.5 Bear Call Spreads
VXX 51/43 Bear Call Spreads
VXX 50/42.5 Bear Call Spreads
VXX 49.5/42 Bear Call Spread
VXX 38.0 Covered Calls
VXX 36.0 Diagonal Calls
VXX 34.0 Diagonal Puts #VXXContango
VXX 33.0 Diagonal Puts #VXXContango
ZION 29.0 Covered Call
LABU Call Rolls
Tried to roll these up for the last two days but couldn’t get it done
Bought to close LABU May 26 2023 6.0 Diagonal Calls at $0.31. Sold on a roll last week at $0.67
Sold LABU Jun 02 2023 6.0 Calls at $0.49 for a $0.18 Credit
#OnlySpreads
SOXL Diagonal Call Ladder
Amazing move in SOXL the last 2 days
Bought 1 SOXL Jun 16 2023 29 Call at $0.48
Sold 1 SOXL Jun 02 2023 23.5 Call at $0.88 for a $0.40 Credit
Bought 1 SOXL Jun 16 2023 29 Call at $0.50
Sold 1 SOXL Jun 02 2023 24.0 Call at $0.76 for a $0.26 Credit
Bought 1 SOXL Jun 16 2023 29 Call at $0.49
Sold 1 SOXL Jun 02 2023 24.5 Call at $0.62 for a $0.13 Credit
#OnlySpreads
PNC Calls
Bought to close PNC 05/26/2023 119.00 Calls at $0.16. Sold on a roll last week at $3.14
Sold PNC 06/02/2023 122.00 Calls at $0.63 for a $0.47 Credit
#OnlySpreads
NTAP Stock
Liquidated my tiny NTAP stock position in one account at $69.75, near the 2023 YTD high
Bought on 12/16/2022 at $60.00
#FormerFallingKnife #RaisingCash
VFC Put
My VFC #Earnings play mostly worked
Rolled down 1 VFC May 26 2023 18.5 Diagonal Put to VFC Jun 02 2023 18 Put at Even.
My VFC 17.5 and 16.5 Puts should expire at the end of the day
#OnlySpreads
VXX
Covered my VXX May 26 2023 48, 47, 46 and 45 Covered Calls at $0.01
Replaced them with VXX May 26 2023 38.0 Covered Calls at $0.06
#DoubleDip #0DTE
Sold to open VXX Jun 02 2023 33.0 Diagonal Puts at $0.21, $0.23 and $0.34
Sold to open VXX Jun 02 2023 32.0 Diagonal Puts at $0.06 and $0.09
#VXXContango #OnlySpreads
PNC Call Rollup
Rolled this week’s PNC 118.0 Diagonal Call to next week’s PNC 121.0 Call for $0.09 Credit.
3 point better strike
#OnlySpreads
KRE Put
Sold 1 KRE May 26 2023 38.5 Put at $0.08
Sold against a old long Put
#1DTE
LABU PNC Call Rolls
Rolled this week’s LABU 5.5 Covered Calls to next week for $0.11 Credit
Rolled this week’s PNC 117.0 Covered Call to next week’s PNC 119.0 Covered Call for $0.05 Credit.
Rolled this week’s PNC 118.0 Diagonal Call to next week’s PNC 120.0 Call for $0.32 Credit.
2 Point better strike prices
AMGN BMY D Stocks
Started a tiny position in AMGN at $220.00. Div = 3.84%
Started a tiny position in BMY at $64.94. Div = 3.48%
Added to my tiny position in D at $51.00. Div = 5.20%
#SP500 #FallingKnife
SOXL Calls
On the big opening gap in NVDA
Sold 1 SOXL May 26 2023 19.0 Call at $0.27
Sold 1 SOXL May 26 2023 19.5 Call at $0.16
#OnlySpreads
QCOM Put
Sold 1 QCOM May 26 2023 99.0 Diagonal Put at $0.15
Stock at 101.58, a new low
#OnlySpreads
OGN CCI Stocks
Added to my tiny position in OGN at $19.97.
Div = 5.56%
Added to my tiny position in CCI at $111.34
Div = 5.64%
#SP500 #FallingKnife
TNA Puts
Sold TNA May 26 2023 27.0 Puts at $0.11
Sold against leftover long puts
#OnlySpreads
VXX Long Puts
Bought a few long term puts for future #VXXContango writes.
Bought 1 VXX Aug 18 2023 21 Put at $0.03
Bought 1 VXX Aug 18 2023 20 Put at $0.02
Bought 1 VXX Aug 18 2023 19 Put at $0.01
Currently short 34 and 33 puts for this week
VIXspire
I’m expecting these to expire on the open tomorrow
VIX 30/21 Bear Call Spread
VIX 30/20 Bear Call Spreads
VIX 29/20 Bear Call Spread
VIX 28/19 Bear Call Spread
VIX 27/19 Bear Call Spread
VIX 26/19 Bear Call Spreads
VIX 14/16 Bull Put Spreads
VIX Call Spreads
Bought 1 VIXW May 31 2023 37.0 Call at $0.09
Sold to Open 1 VIXW May 31 2023 23.0 Call at $0.47 for a $0.38 Credit
Bought 1 VIXW May 31 2023 38.0 Call at $0.10
Sold to Open 1 VIXW May 31 2023 24.0 Call at $0.42 for a $0.32 Credit
Bought 1 VIXW May 31 2023 39.0 Call at $0.10
Sold to Open 1 VIXW May 31 2023 25.0 Call at $0.35 for a $0.25 Credit
#OnlySpreads
LABU PNC CMA ZION VIX
Sold LABU May 26 2023 7.5 Calls at $0.12, $0.17 and $0.25
Replacing similar calls that expired Friday
Sold 1 PNC May 26 2023 Call 124.0 at $0.54
Sold 1 CMA May 26 2023 43.0 Call at $0.37
Sold 1 ZION May 26 2023 31.0 Call at $0.40
Sold 1 VIXW May 24 2023 $19.0 Call at $0.34
Expires on the open tomorrow
VIX Index
Bought to close the last of my VIX May 24 17.0 Puts at $0.15. Originally sold at $0.29
Today’s low on the VIX was 16.82
ARE PEAK WBA GRMN Stocks
Started a tiny new position in ARE at 114.94, near the 52-week low.
Div = 4.17%
#SP500 #FallingKnife
Added to my tiny position in PEAK at 19.70, near the 52-week low.
Div = 6.03%
#SP500 #FallingKnife
Added to my tiny position in WBA at 30.38, near the 52-week low.
Div = 6.13%
#SP500 #FallingKnife
Liquidated my tiny position in GRMN at $105.01.
Bought this 4 times in 2022 at $104.18, $96.38, $92.30 and $86.00. Made a bit over 10% plus a 2.8% dividend.
#FormerFallingKnife #RaisingCash
VFC Earnings
Earnings tomorrow after the close
Sold 1 VFC Jun 09 2023 13.0/ VFC May 26 2023 17.5 Diagonal Bull Put spread at $0.45 Credit
Sold 1 VFC Jun 16 2023 12.0/ VFC May 26 2023 16.5 Diagonal Bull Put spread at $0.31 Credit
VXX VIX
A short but sharp move in both that lasted about 3 minutes
VXX Call Ladder
Sold 1 VXX May 26 2023 42.0 Call at $0.25
Sold VXX May 26 2023 42.5 Calls at $0.23
Sold VXX May 26 2023 43.0 Calls at $0.21, $0.22 and $0.28
Sold VXX May 26 2023 43.5 Calls at $0.20 and $0.25
Sold 1 VXX May 26 2023 44.0 Call at $0.19
Sold 1 VXX May 26 2023 44.5 Call at $0.18
Sold VXX May 26 2023 45.0 Calls at $0.17
VIX Index
Bought to close some of my VIX May 24 17.0 Puts at $0.25. Originally sold at $0.32
Sold to open VIX May 24 2023 19.0 Calls at $0.23, $0.28 and $0.30
Sold to open 1 VIX May 24 2023 21.0 Call at $0.18
Earnings
VFC Stock
Added a tiny bit to my VFC position at $18.79.
Div = 5.77%. Already ex-dividend for $0.30 on 03/09/2023
Earnings expected May 23
SPY Stock
Sold my oldest and highest cost lot of SPY at $418.31.
Bought on 09/27/2022 at 362.16
#FormerFallingKnife #RaisingCash
OptionsExpiration
CMA 50.0 Covered Call
HD 260/270 Bull Put Spread
HD 255/265 Bull Put Spread
HD 270.0 Diagonal Put
GPS 7.5 Puts
KRE 29/35 Bull Put Spread
KRE 34.0 Diagonal Puts
LABU 8/7 Bear Call Spread
LABU 8.5/7.5 Bear Call Spreads
LNC 25.0 Covered Call
MET 40/48 Bull Put Spread
SOXL 18.5/17.5 Bear Call Spread
SOXL 17.5 Diagonal Call
UVXY 5.0 Covered Calls
VNO 12.5 Diagonal Puts
VXX 36/37/39/40.0/40.5/41.0/41.5 Covered Calls
VXX 58/45 Bear Call Spread
VXX 57/45 Bear Call Spread
VXX 56/45 Bear Call Spreads
VXX 55/44.5 Bear Call Spreads
VXX 54/44 Bear Call Spreads
VXX 53/43.5 Bear Call Spreads
VXX 52/44 Bear Call Spreads
VXX 29/34 Bull Put Spreads #VXXContango
VXX 30/35 Bull Put Spreads #VXXContango
ZION 27.5 Covered Call
PNC SOXL
PNC
Bought 1 PNC 05/19/2023 119.00 Call at $0.05 (it can’t trade any lower). Sold on Wednesday at $1.00
Sold 1 PNC 05/26/2023 124.00 Call at $0.45 to replace it.
SOXL
Sold 1 SOXL May 26 2023 19.0 Call at $0.23 to replace 1 May 19 2023 17.5 Call that is about to expire.
#OnlySpreads
ZION LABU HD SOXL BOIL PNC
ZION
Bought to close 1 ZION May 19 2023 22.5 Puts at $0.01. Sold on Tuesday at $0.23
LABU
Bought to close LABU May 19 2023 7.0 Diagonal Calls at $0.01. Sold on Monday at $0.15
Bought to close LABU May 19 2023 6.0 Diagonal Calls at $0.56. Sold on a roll last week at $0.79
Sold LABU May 26 2023 6.0 Diagonal Calls at $0.67 for a $0.11 Credit
HD
Bought to close HD May 26 250 / May 19 265 Diagonal Bull Put Spread at Even. Sold the spread Tuesday at $0.20 Credit
SOXL
Rolled this week’s SOXL 17.0 Diagonal Calls to next week’s SOXL 18.0 Diagonal Calls at $0.10 Credit
BOIL
Rolled this week’s SOXL 3.5 Covered Calls to next week at $0.08 Credit
PNC
Bought to close PNC May 26 129 / May 19 121 Diagonal Bear Call Spread at $ 0.05 CREDIT.
Sold the spread Yesterday at $0.35 Credit. #WinWin
PNC Diagonal Call
Bought 1 PNC 05/26/2023 129.00 Call at $0.18
Sold 1 PNC 05/19/2023 121.00 Call at $0.53
1DTE Scalp opportunity
#OnlySpreads
QQQ STX KSS LABU
QQQ
Sold my last tiny lot of QQQ at $334.42 (the old 52-week high)
Bought on 10/10/2022 at $264.29.
STX
Sold a tiny bit of STX at $63.01. Bought this lot on 09/15/2022 at $62.37.
I have other lots all the way down to $50.00.
#FormerFallingKnife #RaisingCash
KSS
Bought to close 1 KSS May 19 2023 19.0 Put at $0.01.
Sold on Tuesday at $0.15
LABU
Bought to close LABU May 19 2023 5.5 Covered Calls at $0.80, $0.74 and $0.73. Sold last week on a roll at $1.13.
Sold Next week’s LABU May 26 2023 5.5 Covered Calls at $0.86 and $0.82
SOXL Call
Sold 1 more SOXL May 19 2023 17.0 Diagonal Call at $0.27
Sold SOXL May 19 2023 17.5 Calls at $0.11 and again at $0.18 against already long SOXL 18.5 and 19.0 Calls
#OnlySpreads
TTWO Stock
Liquidated my tiny position in TTWO in one account at $137.43 (It’s 52-week high up to today)
Bought 3 times at $133.00 and $124.00 in April 2022 and again at $91.90 in November.
Happy to have made 18% on this No-Div stock and even happier to be out.
#FormerFallingKnife #RaisingCash
SOXL Call
Sold 1 SOXL May 19 2023 17.0 Call at $0.11
The strike is above the 1-month high for the stock
PNC Diagonal Call
Bought 1 PNC 05/26/2023 127.00 Call at $0.24
Sold 1 PNC 05/19/2023 119.00 Call at $1.00
#OnlySpreads
VIX Bull Put Spreads
Sold VIXW May 31 2023 17.0 Puts Net at $0.22 and $0.25
Bought VIXW May 31 2023 14.0 Puts at $0..02
Sold VIXW May 24 2023 17.0 Puts at $0.29, $0.30 and $0.35
Sold VIXW May 24 2023 16.0 Puts at $0.11
Bought VIXW May 24 2023 14.0 Puts at $0..02
#OnlySpreads
VIXspire
I’m expecting these to expire on the open tomorrow
VIX 25/19 Bear Call Spreads
VIX 25/20 Bear Call Spreads
VIX 25/21 Bear Call Spread
VIX 29/26 Bear Call Spread
VIX 15/17 Bull Put Spreads
I put most of these on before the last FED meeting and the latest CPI results
Late Trades
Market goes negative
Sold 1 KRE May 19 2023 35 Put at $0.16
VXX Call Ladder
Sold 1 VXX May 19 2023 39 Call at $0.40
Sold 1 VXX May 19 2023 39.5 Call at $0.39
Sold VXX May 19 2023 40 Calls at $0.29 and $0.32
Sold VXX May 19 2023 40.5 Calls at $0.26
Sold 1 VXX May 19 2023 41 Call at $0.21
Sold 1 VXX May 19 2023 41.5 Call at $0.18
Sold UVXY Jun 02 2023 5 Covered Calls at $0.08
VIX Call
Bought to close 1 VIX May 17 2023 27.0 Call at $0.01.
Sold on 04/20/2023 at $0.82.
Replaced it with 1 VIX May 17 2023 19.0 Call at $0.16 for a #DoubleDip trade.
#1DTE
HD
Post-Earnings:
Sold HD May 19 2023 265.0 Puts at $0.35 and $0.37
Sold HD May 19 2023 270.0 Puts at $0.75 and $0.95
#OnlySpreads
The Week ahead
Another source:
LABU PNC PFE MET
Sold LABU May 19 2023 7.5 Diagonal Calls at $0.06, $0.09, $0.11, $0.13, $0.14 and $0.19.
Replacing LABU 7.0 Calls that expired Friday
Sold 1 PNC May 19 2023 116.0 Covered Call at $0.40
Sold 1 PFE May 19 2023 35/37 Bull Put Spread at $0.20 Credit
Sold 1 MET May 19 2023 40/48 Bull Put Spread at $0.25 Credit
OptionsExpiration
BOIL 4.0 Covered Calls
DISH 6.0 Short Put
DISH 5.5 Short Put
LABU 8/7 Bear Call Spreads
LABU 7.0 Diagonal Calls
PNC 132/122 Bear Call Spread
TNA 26.0 Diagonal Put
TNA 26.5 Diagonal Put
UVXY 4.5 Covered Calls
UVXY 5.0 Covered Calls
UVXY 5.5 Covered Calls
VXX 40.0 Covered Calls #DoubleDip
VXX 50/40 Bear Call Spreads
VXX 51/41.5 Bear Call Spread
VXX 51/42 Bear Call Spreads
VXX 50.5/42.5 Bear Call Spread
VXX 52/43 Bear Call Spread
VXX 59/45 Bear Call Spreads
VXX 36.0 Diagonal Puts #VXXContango
VXX 35.0 Diagonal Puts #VXXContango
GPS
Sold 1 GPS May 19 2023 7.50 Put at $0.12
52-week low is currently at $7.79
KRE
Bull Put Spreads
Bought 1 KRE May 26 2023 26 Put at $0.04
Sold 1 KRE May 19 2023 34 Put at $0.40
Bought 1 KRE May 19 2023 29 Put at $0.03
Sold 1 t KRE May 19 2023 34 Put at $0.43
KRE 52-week low is $34.52
VXX
#CoveredCalls
Bought to close VXX May 12 2023 41.0 Covered Calls at $0.02. Sold Wednesday at $0.29 and $0.30
Bought to close VXX May 12 2023 40.5 Covered Calls at $0.01. Sold Wednesday at $$0.32, $0.33 and $0.36.
Sold to open VXX May 19 2023 45.0 Covered Calls at $0.22.
Building next week’s #CallLadder
Bought 1 VXX May 19 2023 54 Call at $0.07
Sold 1 VXX May 19 2023 44.5 Call at $0.25
Bought VXX May 19 2023 54 Calls at $0.06
Sold VXX May 19 2023 44 Calls at $0.26 and $0.27
Bought VXX May 19 2023 53 Calls at $0.07 and $0.08
Sold VXX May 19 2023 43.5 Calls at $0.30 and $0.31
Bought VXX May 19 2023 53 Calls at $0.07
Sold VXX May 19 2023 43 Calls at $0.31, $0.32 and $0.34
LABU Calls
Bought to close LABU May 12 2023 7.5 Calls at $0.01. Sold on Wednesday at $0.09
Rolled LABU May 12 2023 5.5 Diagonal and Covered Calls to next week at $0.04 Credit
Rolled LABU May 12 2023 6.0 Diagonal and Covered Calls to next week at $0.08, $0.09 and $0.11 Credits
And the best trade:
Rolled LABU May 12 2023 6.5 Diagonal Calls to next week’s LABU May 19 2023 7.0 Diagonal at $0.02 Credit plus and extra $0.50 on the short strike
Markets
How ridiculous is this?
$QQQ is trading close to flat, but breadth is around 4 to 1 negative. $GOOGL $AMZN $META are holding it up
From Twitter
PFE
Added to my tiny PFE position at $37.57. Div = 4.32%
#SP500 #FallingKnife
VXX Bear Call
This week
Bought 1 VXX May 12 2023 52 Call at $0.01 / Sold 1 VXX May 12 2023 41.5 Call at $0.17
Next Week
Bought 1 VXX May 19 2023 52 Call at $0.19 / Sold 1 VXX May 19 2023 45 Call at $0.48
#OnlySpreads
QQQ
Sold my oldest and highest cost tiny lot of QQQ at $325.72. Bought on 09/29/2022 at $269.27
It’s at a 6-month high
#FormerFallingKnife
Options Bistro 