COIN Put

Sold the last of my long Puts in COIN
Sold 1 COIN Oct 22 2021 175.0 Put at $1.65. Bought at $1.42 as a long hedge on a past diagonal spread.
No more risk positions in this name to deal with.
#WinWin

VXX Calls

Sold VXX Sep 24 2021 37.0 Diagonal Calls at $1.29 & $1.36.
Finally got close to the peak as they fell 50% by the close to $0.61

LABU

Sold 1 LABU Sep 24 2021 58.0 Diagonal Put at $2.20

VXX Calls

Sold VXX Sep 24 2021 36.0 Diagonal Calls at $1.15, $1.24 & $1.34

Markets

This could never happen again, right? (he says sarcastically)

bfm5995_0

NEM Stock

Bought a bit of NEM when it hit a new 52-week low at 54.0
#SP500 #FallingKnife

VXX Calls

Sold VXX Sep 24 2021 35.0 Diagonal Calls at $1.05, $1.09 & $1.16

VXX Puts

Bought some more long term Puts to write against once this move is over –
Bought 1 VXX Mar 18 2022 15.0 Put at $0.90
Bought 1 VXX Mar 18 2022 13.0 Put at $0.40.
Bought 1 VXX Jan 21 2022 18.0 Put at $0.80.
#VXXContango

TNA Put

Liquidated one of the long Puts held as a hedge against an old short put position that expired on 09/03.
Sold to close 1 TNA Oct 01 2021 70.0 Put at $1.85. Bought at $1.52.
#WinWin

TQQQ Put

Liquidated one of the long Puts held as a hedge against an old short put position that expired on 09/03.
Sold to close 1 TQQQ Oct 01 2021 100.0 Put at $0.86. Bought at $0.42.
#WinWin

LABU Put

Sold 1 LABU Sep 24 2021 59.0 Diagonal Put at $1.94.
Paired with a short LABU 67.0 Diagonal Call sold Friday for $2.60 giving me a 59/67 Strangle for a $4.54 total premium.

COIN Put

Liquidated one of the long Puts held as a hedge against an old short put position that expired on 09/10
Sold to close 1 COIN Oct 15 2021 170.0 Put at $0.80. Bought at $0.75.
#WinWin

UVXY

Selling off small pieces of my UVXY now that the Sep (pre-split) Calls expired Friday
Sold UVXY @ 26.60 on the open
Sold more UVXY @ 27.00

VXX

More trades
Sold 1 VXX Oct 08 2021 35.0 Diagonal Call at $1.60
Sold 1 VXX Oct 15 2021 40.0 Diagonal Call at $1.68

Bought 1 VXX Jan 21 2022 18.0 Put at $0.90 with part of the cash.
#VXXContango

VXX long calls

Exiting long Calls the were hedges for last week’s short calls that expired worthless

Sold to Close for gains:
VXX Oct 08 2021 54.0 Calls at $0.40 (bought at $0.34)
VXX Oct 08 2021 49.0 Call at $0.54 (bought at $0.48)
VXX Oct 08 2021 48.0 Calls at $0.70 (bought at $0.47)
#WinWin

VXX Covered Call Ladder

Sold to Open
VXX Sep 24 2021 34.5 Calls at $0.60
VXX Sep 24 2021 34.0 Calls at $0.63
VXX Sep 24 2021 33.5 Call at $0.59
VXX Sep 24 2021 33.0 Call at $0.65
VXX Sep 24 2021 32.5 Call at $0.90

They can have my stock at these prices

OptionsExpiration

A major expiration for me as well as the market in general.

A lot of old long hedges rolled off today along with many #DoubleDip and #TripleDip call and put writes against those positions.

Virtually all the longs were paid for within 5 days of their purchase because they were part of diagonal positions with the short side expiring within a week. That left them long for future re-writes.

#OnlySpreads

== Expired==
AMC 09/17/2021 47.0 Diagonal Call
AMC 09/17/2021 50.0 Diagonal Call
AMC 09/17/2021 10/41 Bull Put Spreads
AMC 09/17/2021 10/40 Bull Put Spreads

COIN 09/17/2021 150/220 Bull Put Spread
COIN 09/17/2021 175/225 Bull Put Spread

LABU 09/17/2021 70.0 Diagonal Call
LABU 09/17/2021 35/58 Bull Put Spread
LABU 09/17/2021 40/59 Bull Put Spread

SLV 09/17/2021 20.0 Put

TLRY 09/17/2021 40/16 Bear Call Spread
TLRY 09/17/2021 33/16 Bear Call Spread
TLRY 09/17/2021 32/16 Bear Call Spread
TLRY 09/17/2021 29/16 Bear Call Spread
TLRY 09/17/2021 10/11.5 Bull Put Spreads

TNA 09/17/2021 105/93 Bear Call Spread
TNA 09/17/2021 105/88 Bear Call Spread
TNA 09/17/2021 55/82 Bull Put Spread

TQQQ 09/17/2021 170/150 Bear Call Spread

UVXY1 09/17/2021 9.0 Covered Calls (pre-split contract)
UVXY1 09/17/2021 8.0 Covered Calls (pre-split contract)
UVXY1 09/17/2021 7.0 Covered Calls (pre-split contract)
UVXY1 09/17/2021 6.0 Covered Calls (pre-split contract)

VXX1 09/17/2021 6.0 Diagonal Puts (pre-split contract)
VXX1 09/17/2021 5.0 Diagonal Puts (pre-split contract)

VXX 09/17/2021 80/35 Bear Call Spread
VXX 09/17/2021 65/33.5 Bear Call Spreads
VXX 09/17/2021 64/33 Bear Call Spreads
VXX 09/17/2021 60/32.5 Bear Call Spreads
VXX 09/17/2021 55/31.5 Bear Call Spread
VXX 09/17/2021 31.0 Diagonal Calls
VXX 09/17/2021 30.5 Diagonal Call
VXX 09/17/2021 30.0 Diagonal Calls
VXX 09/17/2021 29.0 Covered Calls
VXX 09/17/2021 28.5 Covered Calls
VXX 09/17/2021 28 Covered Calls
VXX 09/17/2021 27.5 Covered Calls
VXX 09/17/2021 20/24 Bull Put Spreads
VXX 09/17/2021 21/25 Bull Put Spreads

LABU Roll

Final trade today
Bought to close 1 LABU Sep 17 2021 65.0 Diagonal Call at $1.40. Sold on a roll last Friday at $2.70

Sold 1 LABU Sep 24 2021 67.0 Call at $2.60 for a $1.20 Credit plus a strike 2 points higher.

Markets

The VIX index is now up 10% + today at 21.05
Don’t know that it will stay that way but it’s worth watching

VXX Long Put

Bought another long put to act as a #VXXContango hedge for future writes.
Bought 1 VXX Mar 18 2022 13.0 Put at $0.56, adding to my buy from yesterday 0.10 lower.

Also Bought 1 VXX Jan 21 2022 15.0 Put at $0.33

I will start writing against them next week after my 24 and 25 short puts expire today.
(just for reference, I sold this week’s 25 puts for $0.76 last Friday)

LABU Rollup

Rolled 1 LABU Sep 17 2021 59.0 Diagonal Call to 1 LABU Sep 24 2021 61.0 Call at $0.05 Credit.

Waiting to see if my short 65 and 70 Calls & my short 58 and 59 Puts expire in about 2 hours.

TQQQ Puts

Sold TQQQ Sep 24 2021 120.0 Diagonal Puts at $0.49 & 0.50
Paired with short calls for next week.

VXX Call

Another rollout
Bought to close 1 VXX Sep 17 2021 54.0 Covered Call at $0.01. Sold a lifetime ago on 08/02 at at $1.14.

Replaced it with 1 VXX Oct 08 2021 34.0 Call at $1.03

TQQQ Major Rollup

Bought to close 1 TQQQ Sep 17 2021 144.0 Diagonal Call at $0.99. Sold last Friday on another roll at $7.85

Sold to Open 1 TQQQ Sep 24 2021 150.0 Call at $1.11.
A 6 point bump in the short strike and a $0.22 Credit.

I still have today’s short 150 Call that I’m waiting to expire.

VXX Call

Bought to close 1 VXX Sep 17 2021 38.0 Covered Call at $0.01. Sold at $1.06.

Replaced it with 1 VXX Oct 15 2021 38.0 Call at $1.03

TTWO VRTX

2 #FallingKnife #SP500 stocks at new Lows for today.
Bought a tiny amount of TTWO at $149.45 and some VRTX at $185, adding to my position.
My last buy in VRTX was June 15th at 190.
Stock I bought even earlier at $193.58 I sold on 07/16/2021 at $204.00

AMC Call Roll

Bought to Close 1 AMC Sep 17 2021 41.0 Diagonal Call at $4.44
Sold to Open AMC Sep 24 2021 41.0 Call at $5.23 for a $0.79 Credit.

Hoping my short 47 and 50 calls expire at the end of the day.

VXX Put rolldown

As is typical as we approach Friday, the VIX and VXX are both falling.

Bought to close 1 VXX Sep 17 2021 26.5 Put at $1.24. Sold last week on another rolldown at $1.98.

Sold to Open 1 Contract VXX Sep 24 2021 26.0 Put at $1.44 and gained another half point on the strike for next week.

Also bought some new long puts to act a #VXXContango hedges for future writes.
Bought 1 VXX Mar 18 2022 13.0 Put at $0.66
Bought 1 VXX Jan 21 2022 15.0 Put at $0.44

CTXS

Closing out a tiny long position in a former #FallingKnife.
Sold CTXS stock at $115. Bought this on 07/29 at $94.70 and never got to average down.

AMC Puts

Pairing with my numerous short calls for this week.
Sold AMC Sep 17 2021 41.0 Diagonal Puts at $0.56
Sold AMC Sep 17 2021 40.0 Diagonal Puts at $0.28

VXX Call

Sold 1 VXX Sep 17 2021 28 .0 Diagonal Call at $0.59

TLRY Puts

Sold TLRY Sep 17 2021 11.5 Diagonal Puts at $0.19 & again at $0.21

TNA Put

Sold 1 TNA Sep 17 2021 82.0 Diagonal Put at $1.72.
Paired with my short diagonal 88.0 Call for this week I now have a short 82/88 strangle with a $5.24 premium

Markets

Today’s chart.
What options on the top 5 stocks have the most trading volume?

daily single stock option volumes

VXX Covered Call Ladder

Sold 1 VXX Sep 17 2021 29.0 Call at $0.72
Sold 1 VXX Sep 24 2021 34.5 Call at $0.67
Sold 1 VXX Oct 01 2021 35.0 Call at $1.01
Sold 1 VXX Oct 08 2021 36.0 Call at $1.23
Sold 1 VXX Oct 15 2021 37.0 Call at $1.41

COIN Put

Sold 1 COIN Sep 17 2021 225.0 Diagonal Put at $1.15.
Replaces the COIN 09/10/2021 247.5 Diagonal Put that expired Friday
#DoubleDip #OnlySpreads

LABU Put

Sold 1 LABU Sep 17 2021 59.0 Diagonal Put at $1.10.
Paired with a couple of BCS positions for this week and replacing part of the 58.5 puts that expired Friday

OptionsExpiration

A small list because of all the rolls to next week.

AMC 09/10/2021 68/52 Bear Call Spread

COIN 09/10/2021 280.0 Diagonal Call
COIN 09/10/2021 350/275 Bear Call Spread
COIN 09/10/2021 247.5 Diagonal Put

LABU 09/10/2021 74.0 Diagonal Call
LABU 09/10/2021 71.0 Diagonal Calls
LABU 09/10/2021 58.5 Diagonal Puts

TLRY 09/10/2021 26/16 Bear Call Spreads
TLRY 09/10/2021 16.0 Covered Calls

TNA 09/10/2021 91.0 Diagonal Call

VXX 09/10/2021 45/34 Bear Call Spread
VXX 09/10/2021 45/32.5 Bear Call Spreads
VXX 09/10/2021 45/28.5 Bear Call Spreads
VXX 09/10/2021 24.0 Diagonal Puts

VXX Calls

VIX & VXX Spike so had to roll a couple and chose to roll others for a big jump in strike for next week.
Bought to close VXX Sep 10 2021 25.5 Calls at $0.96 (sold at 0.78)
Bought to close VXX Sep 10 2021 26.0 Calls at $0.52 & 0.56 (sold at 0.52 & 0.53)
Bought to close VXX Sep 10 2021 26.5 Calls at $0.19 (sold at 0.32)
Bought to close VXX Sep 10 2021 27.0 Calls at $0.12 (sold at 0.24)
Bought to close VXX Sep 10 2021 27.5 Calls at $0.04 (sold at 0.16)
Bought to close VXX Sep 10 2021 28.0 Calls at $0.02 (sold at 0.36)
Bought to close VXX Sep 10 2021 28.5 Calls at $0.02 (sold at 0.27)

Sold VXX Sep 17 2021 27.5 Calls at $1.01
Sold VXX Sep 17 2021 29.0 Calls at $0.77
Sold VXX Sep 17 2021 30.0 Calls at $0.59
Sold VXX Sep 17 2021 30.5 Calls at $0.62
Sold VXX Sep 17 2021 31.0 Calls at $0.49
Sold VXX Sep 17 2021 32.5 Calls at $0.66
Sold VXX Sep 17 2021 33.5 Calls at $0.33

TQQQ Call Rollup

Bought to Close TQQQ Sep 10 2021 148.0 Diagonal Call at $1.63. Sold last Friday on a roll at $4.84
To replace it, Sold to Open 1 TQQQ Sep 17 2021 150.0 Call at $3.09.
A 2 point gain on the strike plus $1.46 Credit

VXX Calls

Bought to close VXX 09/10/2021 32.5 Diagonal Calls @ 0.01. Sold on 08/26 for an average of $0.61.

Sold VXX 09/17/2021 33.0 Calls @ 0.35 and
Sold VXX 09/17/2021 33.5 Calls @ 0.33

LABU Call

One more LABU Roll
Bought to close 1 LABU Sep 10 2021 67.0 Call at $0.12. Sold last week on a roll at $3.85
Replaced it with 1 LABU Sep 17 2021 70.0 Call at $1.17.

The 67 call would probably have expired but I don’t know if I could have gotten such a nice premium on the 70 next Monday.
#OnlySpreads

TNA Rollups

Bought to close 1 TNA Sep 10 2021 88.0 Diagonal Call at $1.22. Sold on a roll last week at $7.31
Bought to Close 1 TNA Sep 10 2021 86.0 Diagonal Call at $3.42. Sold on a roll last week at $8.76

Replaced them with:
1 TNA Sep 17 2021 93.0 Call at $1.27
1 LABU Sep 17 2021 88.0 Call at $3.52

LABU Rollups

Bought to close 1 LABU Sep 10 2021 62.0 Diagonal Call at $2.65. Sold on a roll last week at $8.43
Bought to Close 1 LABU Sep 10 2021 58.5 Diagonal Call at $6.24. Sold on a roll last week at $10.94

Replaced them with:
1 LABU Sep 17 2021 65.0 Call at $2.70
1 LABU Sep 17 2021 59.0 Call at $6.70

VXX Calls

Sold VXX Sep 10 2021 27.5 Diagonal Calls at $0.16
Sold VXX Sep 10 2021 27.0 Diagonal Calls at $0.24
Sold VXX Sep 10 2021 26.5 Covered Calls at $0.32
Sold VXX Sep 10 2021 26.0 Covered Calls at $0.52 & $0.53.
Expires tomorrow.

Markets

The chart says it all

bfmBFE0

VXX Calls

Sold VXX Sep 10 2021 28.5 Covered Calls at $0.27.
I will add if given the chance at a higher price.

LABU Puts

Sold LABU Sep 10 2021 58.5 Puts at $0.35
Paired with a number of short Calls for this week.

COG

Back out of this stock after exiting it at 18.33.
Bought a bit at a new low of 14.68 on Aug 19th and I was never able to average down.
This is my 2nd successful swing trade of this former #Fallingknife

COIN Put

Sold 1 COIN Sep 10 2021 247.5 Diagonal Put at $1.82.
Paired with the COIN 275.0 Call I rolled up to last week at $8.10 for a 247.5/275.0 Strangle with a total Credit of $9.92

https://www.zerohedge.com/crypto/bitcoin-shaken-after-coinbase-ceo-slams-sec-engaging-intimidation-tactics-behind-closed

VZ

Putting this high yield #FallingKnife on my watch list.
Only about 2% above the 52-week low

VIX

The VIX index increased by 10 percent this morning.
I don’t know if this is going anywhere but it bears watching.

VXX Calls

Sold VXX Sep 17 2021 32.5 Covered Calls at $0.36 replacing some that expired Friday.

HRL

The only #SP500 stock to hit a 52-week low in quite a while
Bought a bit at 42.50
#Fallingknife

OptionsExpiration

Expired:
AMC 09/03/2021 60/47 Bear Call Spread
AMC 09/03/2021 50/44 Bear Call Spread
AMC 09/03/2021 40.0 Diagonal Puts
AMC 09/03/2021 39.0 Diagonal Puts

COIN 09/03/2021 350/280 Bear Call Spread
COIN 09/03/2021 195/237.5 Bull Put Spread

LABU 09/03/2021 45.0 Diagonal Put

TLRY 09/03/2021 23/16 Bear Call Spreads

TNA 09/03/2021 85.0 Diagonal Put

TQQQ 09/03/2021 118.0 Diagonal Puts

VXX 09/03/2021 53/35 Bear Call Spread
VXX 09/03/2021 53/32.5 Bear Call Spread
VXX 09/03/2021 40/32.5 Bear Call Spreads
VXX 09/03/2021 40/30 Bear Call Spread
VXX 09/03/2021 27.5 Covered Calls
VXX 09/03/2021 24.0 Diagonal Puts #VXXContango

AMC Call Roll

Bought to close AMC Sep 03 2021 44.0 Call at $0.15. Sold at 3.42 on 08/30.

To replace it, Sold to Open AMC Sep 10 2021 49.0 Call at $1.55

COIN Call Roll

Bought to close 1 COIN Sep 03 2021 275.0 Call/ Sold 1 COIN Sep 10 2021 280.0 Call at $2.01 Credit + 5.00 better strike

AMC Calls

Bought to close AMC Sep 03 2021 45.0 Calls at $0.01. Sold at $1.67
Bought to close AMC Sep 03 2021 46.0 Call at $0.01. Sold at $2.04
Bought to close AMC Sep 03 2021 48.0 Call at $0.01. Sold at $2.54

VXX Calls

Bought to close VXX Sep 03 2021 27.0 Covered Calls at $0.01.
Sold to Open VXX Sep 10 2021 28.5 Covered Calls at $0.19

COIN Call Roll

Bought to close 1 COIN Sep 03 2021 270.0 Call/ Sold 1 COIN Sep 10 2021 275.0 Call at $1.10 Credit + 5.00 better strike

TQQQ Call Rolls

Bought to close 1 TQQQ Sep 03 2021 146.0 Call / Sold 1 TQQQ Sep 10 2021 148.0 Call at $0.05 Credit + 2.00 better strike
Bought to close 1 TQQQ Sep 03 2021 141.0 Call / Sold 1 TQQQ Sep 10 2021 142.0 Call at $0.05 Credit + 1.00 better strike

VXX Put rolls

Rolled VXX 09/03/2021 25.0 Puts to VXX 09/10/2021 24.0 Puts @ 0.02 Credit and lowered the short strike 1.00 for next week’s short trading week.
Rolled VXX 09/03/2021 26.0 Puts to VXX 09/10/2021 25.5 Puts @ 0.22 Credit and lowered the short strike 0.50 for next week’s short trading week.

Letting this week’s 24.0 puts expire
#VXXContango

TNA Call Rolls

Bought to close TNA Sep 03 2021 85.5 Call / Sold TNA Sep 10 2021 86.0 Call at $0.10 Credit + 0.50 better strike
Bought to close TNA Sep 03 2021 87.5 Call / Sold TNA Sep 10 2021 88.0 Call at $0.20 Credit + 0.50 better strike

More LABU Rolls

Bought to close LABU Sep 03 2021 61.5 Call / Sold LABU Sep 10 2021 62.0 Call at $0.23 Credit + 0.50 better strike
Bought to close LABU Sep 03 2021 67.5 Call / Sold LABU Sep 10 2021 71.0 Call at $0.10 Credit + 3.50 better strike

SLV Puts

Rolled SLV short 23.0 Puts to next week @ 0.10 Credit
Rolled SLV short 22.5 Puts to next week @ 0.17 Credit

LABU Call

Bought to close 1 LABU 09/03/2020 69.5 Call @ $0.77. Sold on 09/01 @ $0.98.
Replaced it with 1 short LABU 09/10/2021 74.0 Call @ $1.12

VXX Calls

Bought to close 1 VXX Sep 03 2021 46.0 Covered Call at $0.01. Sold on 08/02 at $1.14
Bought to close VXX Sep 03 2021 32.5 Covered Calls at $0.01. Sold on 08/24 & 08/25 at $0.24 and $0.26

Scalping a bit more premium selling 1 VXX Sep 03 2021 27.0 Covered Call @ 0.08
and selling VXX Sep 03 2021 27.5 Covered Calls @ 0.06 for tomorrow.

Also sold VXX Sep 10 2021 28.0 Diagonal Calls at $0.36 for next week’s short trading week.

COIN Call

Sold 1 COIN Sep 03 2021 275.0 Diagonal Call at $3.07

LABU Calls

Sold 1 LABU Sep 03 2021 69.5 Call at $0.98
Sold 1 LABU Sep 03 2021 67.5 Call at $2.70

AMC Puts

Looking to balance out my too numerous short calls
Sold AMC Sep 03 2021 40.0 Puts at $0.37
Sold AMC Sep 03 2021 39.0 Puts at $0.31

VXX Puts

Sold VXX SEP 03 2021 24.0 Puts at $0.14

VXX early Put roll

Rolled 1 VXX 09/03/2021 27.5 Put to 1 VXX 09/10/2021 27.0 Put @ 0.07 Credit and lowered the short strike 0.50 for an extra week

LABU Call

Sold 1 LABU Sep 03 2021 67.5 Call at $1.57
LABU at the top of it’s recent range

TLRY Option Ladder

Sold TLRY Sep 17 2021 16.0 Calls at $0.21, $0.25 and $0.30.
Extending my Covered Ladder

VXX1 – Old(pre-split) long Puts

Yesterday at the close:
Sold to close VXX1 Jan 21 2022 4.0 Puts at $0.34 (partial position).
Bought this lot on 03/30/2021 @ $0.08.

I’ll try to scale out of more at higher prices.
#VXXContango