SOXL Calls

Sold SOXL Oct 14 2022 13.5 Diagonal Calls at $0.25
#OnlySpreads

VXX UVXY Calls

Sold VXX Oct 07 2022 22.0 Calls at $0.12
Sold UVXY Oct 07 2022 13.0 Calls at $0.18
#OnlySpreads

Stocks

Selling my last lot to get closer to cash:
Sold CMI at $221.78. Bought on 03/07/2022 at $190.00
#FormerFallingKnife #RaisingCash

Stocks

Taking gains and getting closer to cash for the next downturn:
Sold CMI at $218.20
Sold MA at $302.69
Sold WYNN at $70.22
#FormerFallingKnife #RaisingCash

LABU SOXL TNA TQQQ Calls

Sold LABU Oct 07 2022 9.0 Diagonal Calls at $0.10

Sold SOXL Oct 07 2022 12.5 Covered Calls at $0.06
Sold SOXL Oct 14 2022 12.5 Diagonal Calls at $0.24

Sold TNA Oct 07 2022 35.5 Diagonal Call at $0.74
Sold TNA Oct 07 2022 36.0 Diagonal Call at $0.57

Sold TQQQ Oct 07 2022 24.5 Diagonal Call at $0.15
Sold TQQQ Oct 07 2022 25.0 Diagonal Calls at $0.11 and $0.12

VXX finally begins issuing new shares

https://finance.yahoo.com/news/odds-ends-more-ipath-etns-173000448.html

LABU SOXL TNA Calls and UVXY stock

Sold LABU Oct 07 2022 8.0 Covered Calls at $0.33
Sold LABU Oct 07 2022 8.5 Diagonal Calls at $0.15 and $0.22
Sold SOXL Oct 14 2022 12.5 Covered Calls at $0.10
Sold TNA Oct 07 2022 33.0 Covered Calls at $0.51

Bought UVXY at $12.12 to cover the short from Thursday’s call assignment for a small gain after the original call premium

VXX Put Spreads

All my short VXX puts expired Friday. Setting up new #VXXContango Spreads this morning:
Bought VXX Dec 16 2022 9.0 Puts at $0.06 DTE = 74
Bought VXX Jan 20 2023 8.0 Puts at $0.07 DTE = 109
Bought VXX Mar 17 2023 7.0 Puts at $0.15 DTE = 165
Bought VXX Jun 16 2023 6.0 Puts at $0.31 DTE = 256
Bought VXX Jan 19 2024 5.0 Puts at $0.37 DTE = 473

Sold VXX Oct 07 2022 19.5 Puts at $0.33 and $.039
Sold VXX Oct 07 2022 19.0 Puts at $0.17
Sold VXX Oct 07 2022 18.5 Puts at $0.08 and $0.09
DTE = 4

OptionsExpiration

Hanging in there despite the markets at new lows A couple of early overnight assignments I’ll have to deal with

==Expired ==
LABU 14/8.5 Bear Call Spreads
LABU 8.0 Covered and Diagonal Calls
LABU 7.5 Covered Calls
SLV 15/16.5 Bull Put Spreads
SOXL 8.5 Diagonal Puts
TNA 46.5/35 Bear Call Spread
TNA 46/34.5 Bear Call Spread
TNA 34/34.5/35 Covered Calls
TQQQ 37/26.5 Bear Call Spread
TQQQ 36.5/26.5 Bear Call Spread
TQQQ 36/26 Bear Call Spread
TQQQ 24/24.5/25 Covered Calls
TQQQ 17/19 Bull Put Spreads

UVXY 19/14.5 Bear Call Spread
UVXY 14.0 Diagonal Call
UVXY 13.5 Diagonal Call
UVXY 12.0 Diagonal Puts — #UVXYContango

VXX 27.0 Diagonal Calls
VXX 26.0 Diagonal Calls
VXX 25.5 Diagonal Calls
VXX 25.0 Diagonal Calls
VXX 24.0 Diagonal Calls
VXX 23.0 Diagonal Calls
VXX 22.5 Diagonal Calls
VXX 22.0 Diagonal Calls
VXX 18.5 Diagonal Puts — #VXXContango
VXX 18.0 Diagonal Puts — #VXXContango

==Assignments==
SOXL 12.5 Puts – Adjusted stock cost after put premium is $9.56
UVXY 10.5 Calls – net stock short of $12.39 after the call premium. I had an order in to cover the short today at 11.90, and it hit it, but no fill (I was too greedy). I’ll try again Monday

UVXY SOXL

Friday Final trades/Final Rolls
Rolled UVXY Sep 30 2022 12.5 Calls to UVXY Oct 07 2022 15.0 Calls at $0.12 Credit and pushed the short strike up 2.5 points.
Rolled SOXL Sep 30 2022 9.0 Puts to SOXL Oct 07 2022 8.5 Puts at $0.26 Credit and dropped the short strike $0.50

VXX Calls

For next week
Sold VXX Oct 07 2022 28.0 Calls at $0.11
Sold VXX Oct 07 2022 25.0 Calls at $0.21

CTXS stock

Getting taken out of my Citrix Systems stock at $104.00
Citrix shareholders will receive $104.00 in cash per share in a corporate takeover closing tonight.
Made tiny buys 4 times last year from $92.14 all the way down to $80.00. Overall gain of +19.72%
#RaisingCash
#FormerFallingKnife #SP500

Markets

Consumer staples (PG, KMB and CL), Utilities and Financial managers (BEN, IVZ and BLK) are really leading to the downside with new lows.
Also CCL and NKE have imploded but I’m not tempted yet.
#SP500 #FallingKnife

SLV SOXL Puts closed

Bought to close SOXL Sep 30 2022 8.5 Puts at $0.01 (partial fill). Sold Monday at $0.21.
Letting the rest expire

Bought to close SLV Sep 30 2022 17.0 Puts at $0.01. Sold last Friday at $0.16.
My short SLV 16.5 puts will expire later today

SOXL TNA TQQQ Rolls

Rolled SOXL Sep 30 2022 10.0 Puts to SOXL Oct 07 2022 9.5 Puts at $0.03 Net Credit
Rolled SOXL Sep 30 2022 11.0 Puts to SOXL Oct 07 2022 11.0 Puts at $0.18 Net Credit

Rolled 1 TNA Sep 30 2022 31.0 Put to 1 TNA Oct 07 2022 30.0 Put at $0.33 Net Credit
Rolled 1 TNA Sep 30 2022 33.0 Put to 1 TNA Oct 07 2022 32.0 Put at $0.02 Net Credit

Rolled 1 TQQQ Sep 30 2022 22.5 Put to 1 TQQQ Oct 07 2022 22.0 Put at $0.08 Net Credit
Rolled 1 TQQQ Sep 30 2022 24.0 Put to 1 TQQQ Oct 07 2022 24.0 Put at $0.18 Net Credit
#OnlySpreads

UVXY Calls

For next week
Sold UVXY Oct 07 2022 16.0 Diagonal Calls at $0.23

Bought to close UVXY Sep 30 2022 11.5 Calls at $0.61. Sold last week at $0.90.
Sold to open UVXY Oct 07 2022 12.5 Calls at $0.63 for a $0.02 Credit

#OnlySpreads

Stocks

Limited buys today as I’ve pulled most buy orders
Added T at $15.50
Added VFC at $31.50
Added QQQ at $269.27
#FallingKnife

TQQQ Covered Call

Sold 1 TQQQ Sep 30 2022 24.0 Call at $0.18

BIIB

Liquidated a portion of my BIIB at $271.81. Bought on 11/29/2021 at $238.00.

Now I know why LABU spiked today (big moves in BIIB and LLY)

Edit:
Sold a bit more at $277.01. Bought on 12/02/2021 at $225.00
#FormerFallingKnife #RaisingCash

TNA Covered Calls

Sold TNA Sep 30 2022 34.0 Calls at $0.20 and $0.24
Sold TNA Sep 30 2022 34.5 Calls at $0.13 and $0.29

LABU Covered Call Ladder

Sold LABU Sep 30 2022 8.5 Calls at $0.05
Sold LABU Sep 30 2022 8.0 Calls at $0.15 and $0.18
Sold LABU Sep 30 2022 7.5 Calls at $0.21, $0.28 and $0.35

LABU

Sold LABU Sep 30 2022 7.5 Covered Calls at $0.15

VXX Call Ladder

Sold against remaining long calls:
Sold VXX Sep 30 2022 27.0 Calls at $0.10
Sold VXX Sep 30 2022 26.0 Calls at $0.13
Sold VXX Sep 30 2022 25.5 Calls at $0.13
Sold VXX Sep 30 2022 25.0 Calls at $0.14

VXX Call Profits

Liquidating some excess long calls left over from last weeks diagonal spreads
Sold VXX Oct 07 2022 25.0 Calls at $0.46. Bought at $.0.12 and $0.14
Sold VXX Oct 07 2022 25.5 Calls at $0.36. Bought at $.0.16
Sold VXX Oct 07 2022 28.0 Calls at $0.24. Bought at $0.06
#WinWin

Stocks

Bought at new lows:
IVZ at $14.44 Div = 5.06%
KEY at $16.00 Div = 4.84%
NWL at $14.19 Div = 6.44%
OGN at $25.00 Div = 4.45%
TFC at $43.00 Div = 4.79%
VNO at $22.87 Div = 9.08%
VTRS at $8.43 Div = 5.63%
Pulling most of my remaining buy orders except for SPY and QQQ

Bought SPY at $362.16
#Sp500 #FallingKnife

SOXL Puts

Sold SOXL Sep 30 2022 8.5 Diagonal Puts at $0.21, replacing last week’s SOXL 9.0 Puts covered at a penny on Friday

Markets

You know it’s a BEAR Market when:
75% of stocks are declining today
2630 new lows vs. 47 new highs today
Only 11% of stocks above their 50 day MA
Only 13% of stocks are above their 200 day MA
(Stats courtesy of Finviz.com)

Stocks

A smaller list of tiny buys so far today:
VFC at $35.00 Div = 5.58%
IP at $32.00 Div = 5.58%
INTC at $27.00 Div = 5.30%
FDX at $144.00 Div = 3.08%
CE at $89.00 Div = 2.98%
#SP500 #FallingKnife

SLV Puts

Sold SLV Sep 30 2022 16.5 Diagonal Puts at $0.10 replacing SLV 17.0 Puts that expired Friday

VXX Long term Puts

Bought VXX Jan 20 2023 11.0 Puts at $0.10 to write more weekly puts against
#VXXContango

TNA

Additional Calls
Sold TNA Sep 30 2022 34.0 Calls at $0.53 and $0.55
Sold TNA Sep 30 2022 34.5 Call at $0.43

TNA TQQQ VXX LABU Calls

Sold all these on the open replacing calls that expired Friday:
TNA Sep 30 2022 35.0 Call at $0.23
TNA Sep 30 2022 34.5 Call at $0.27
TNA Sep 30 2022 34.0 Call at $0.26

TQQQ Sep 30 2022 26.5 Calls at $0.06
TQQQ Sep 30 2022 26.0 Calls at $0.08
TQQQ Sep 30 2022 25.0 Calls at $0.19
TQQQ Sep 30 2022 24.5 Calls at $0.24
TQQQ Sep 30 2022 24.0 Calls at $0.33

VXX Sep 30 2022 22 Calls at $0.40, $0.42 and $0.44

LABU Sep 30 2022 8 Calls at $0.10
#CoveredCalls #OnlySpreads

VXX Calls

For next week
Sold VXX Sep 30 2022 23.0 Diagonal Calls at $0.45
Sold VXX Sep 30 2022 24.0 Diagonal Calls at $0.34
#OnlySpreads

OptionsExpiration

It’s a Bear Market.
Lots of Covered and Diagonal Calls expired in LABU, TNA, TQQQ and even in VXX (unexpected).
Some Puts were rolled down in TNA and TQQQ, and some calls rolled up in UVXY.
Puts in UVXY and VXX were major gainers. And plenty of VXX puts are still on the books for next week.
==Expired==
LABU 14/10.5 Bear Call Spreads
LABU 9.0 Covered Calls

SLV 17.0 Diagonal Puts

TNA 40/40.5/41 Covered Calls
TNA 41.5 Diagonal Call
TNA 48.5/42 Bear Call Spreads
TNA 50/42.5 Bear Call Spreads

TQQQ 27/27.5/28 Covered Calls
TQQQ 36/28.5 Bear Call Spreads
TQQQ 37.5/28 Bear Call Spreads
TQQQ 20.0 Diagonal Puts
TQQQ 19.5 Diagonal Put

UVXY 20.5/12 Bear Call Spreads
UVXY 9.5 Diagonal Puts — #UVXYContango
UVXY 9.0 Diagonal Puts — #UVXYContango

VXX 28/21.5 Bear Call Spreads
VXX 25/21 Bear Call Spreads
VXX 21.0 Diagonal Calls
VXX 20.5 Diagonal Calls
VXX 18.5 Diagonal Puts — #VXXContango
VXX 18.0 Diagonal Puts — #VXXContango
VXX 17.5 Diagonal Puts — #VXXContango
VXX 17.0 Diagonal Puts — #VXXContango
VXX 16.5 Diagonal Puts — #VXXContango

== Assignments==
None

SOXL Puts closed and rolled

Bought to close SOXL Sep 23 2022 9.5 Puts at $0.01. Sold this morning at $0.19 for a scalp trade and on Monday at $0.17

Bought to close SOXL Sep 2022 10.0 Diagonal Puts at $0.18. Sold on Monday at $0.25.
Sold to open SOXL Sep 30 2022 9.0 Puts at $0.38 for a $0.20 Credit

Stocks

As markets test the June 2022 lows I’m making tiny buys on Higher dividend payers. Biggest one day buying since then.
When SPY and QQQ reach their old lows, I’ll switch to those stocks and suspend most other buys.

LYB at $72.00
PARA at $20.00
DLR at $104.00
STX at $58.00
OGN at $26.00
USB at $42.00
PRU at $89.00
T at $16.00
PKG at $114.10
CFG at $34.00
WHR at $139.53
LUMN at $8.00
FRT at $89.18
CMCSA at $32.00
CFG at $34.00
LNC at $44.00
DD at $51.50
SWK at $80.00
RL at $86.00
IVZ at $15.20
MMM at $113.17
SPG at $90.76
#SP500 #FallingKnife

SOXL Puts Rolled

Bought to close SOXL Sep 23 2022 10.5 Puts / Sold SOXL Sep 30 2022 10.0 Puts at $0.10 Credit

VXX Puts

Rolled my largest short put position:
Bought VXX Sep 23 2022 19.5 Puts at $0.35. Sold last week on a rolldown at $1.04.
Sold to Open VXX Sep 30 2022 18.5 Puts at $0.37 for a $0.02 Credit and a full point better on the short strike.
I’m now expecting my VXX 18.5, 18.0, 17.5, 17.0 and 16.5 Diagonal Puts to expire along with 20.5, 21.0 and 21.5 short calls.
#VXXContango #OnlySpreads

TNA Puts

Rolled 1 TNA Sep 23 2022 32.0 Diagonal Put to 1 TNA Sep 30 2022 31.0 Put at $0.24 Credit

Liquidated some long Puts for small gains. These expire today.
Sold to Close 1 TNA Sep 23 2022 31.0 Put at $0.78. Bought at $0.64
Sold to Close TNA Sep 23 2022 30.0 Puts at $0.40. Bought at an average price of $0.38
#WinWin #OnlySpreads

SOXL Puts Rolled down

These spent most of yesterday out of the money. Not so much now.
Bought to close SOXL Sep 23 2022 11.5 Puts / Sold SOXL Sep 30 2022 11.0 Puts for a $0.02 Credit and a half point better on the short strike
#OnlySpreads

VXX Puts Rolled down

Bought to close VXX Sep 23 2022 19.0 Puts at $0.32. Sold last week on a rolldown at $0.63.
Sold VXX Sep 30 2022 18.0 Puts at $0.38 for a $0.06 Credit and a full point better on the short strike
#VXXContango #OnlySpreads

Stocks

Tiny buys
Added BXP at $76.18 Div = 5.06%
Added EMN at $75.00 Div = 4.02%
Added IP at $34.00 Div = 5.40%
Added INTC at $28.08 Div = 5.13%
Added NWL at $15.00 Div = 6.04%
Added PARA at $20.88 Div = 4.49%
Added VTRS at $9.00 Div = 5.30%
Added VFC at $36.94 Div = 5.38%
Started REG at $55.00 Div = 4.47%
Started SPG at $93.00 Div = 7.31%

And one non-divvy stock
Added GOOGL at $98.87
#SP500 #FallingKnife

VXX Long term Puts

Bought VXX Nov 18 2022 12.0 Puts at $0.04.
Bought VXX Jan 20 2023 11.0 Puts at $0.15.
Bought VXX Jan 20 2023 10.0 Puts at $0.07.
Setting up additional longs to write weekly puts against
#VXXContango #OnlySpreads

These buys also lowered my option spread requirements in VXX for this week too 🙂

Inflation

When satire is indistinguishable from the real world and funny because it is actually true..

Stocks

Tiny buys post FED
Only one – sort of surprised there aren’t more
Bought VZ at $40.00 and $39.77 Div = 6.43%
#SP500 #FallingKnife

After the Fed

Sold VXX Sep 23 2022 20.5 Diagonal Calls at $0.12, $0.13 and $0.14

The VIX index briefly hit 30 before dropping back 10%

LABU TQQQ Covered Calls

Sold TQQQ Sep 23 2022 30.0 Calls at $0.07 and $0.09
Sold TQQQ Sep 23 2022 27.0 Call at $0.48 and $0.53
Sold TQQQ Sep 23 2022 27.5 Call at $0.36 and $0.39
Sold TQQQ Sep 23 2022 28.0 Call at $0.27 and $0.29
Sold TQQQ Sep 23 2022 28.5 Call at $0.21
Sold LABU Sep 23 2022 9.0 Calls Limit at $0.10.

Waiting on the FED

Markets

2Y Treasury Yields Top 4.00% For First Time Since Oct 2007

JPM’s Fed Day Scenario Analysis: Market Could Have Best Day In History, Or Crash 5%

What is priced in right now:
+75bps today,
+75bps in Nov,
+50bps in Dec.
*ZeroHedge*

2022-09-21_03-43-35

TQQQ Call Ladder

Sold TQQQ Sep 23 2022 27.0 Covered Call at $0.42
Sold TQQQ Sep 23 2022 27.5 Covered Call at $0.33
Sold TQQQ Sep 23 2022 28.0 Covered Call at $0.25

LVS

Sold all my tiny LVS position at a gain in a weak market
Sold LVS at $40.60 (near its 6-month high).
Bought in August 2021 at 40.00 and again in December at $35.00 (could have bought more at $30 but I stopped buying most no-divvy stocks this summer)
#FormerFallingKnife #RaisingCash

UVXY Calls

Some diagonal call spreads to pair off with yesterday’s put spreads
Bought UVXY Oct 07 2022 16.0 Calls / Sold UVXY Sep 23 2022 11.5 Calls at $0.02 Credit
Bought UVXY Oct 14 2022 16.0 Calls / Sold UVXY Sep 23 2022 11.0 Calls at $0.02 Credit
Bought UVXY Oct 14 2022 15.0 Calls / Sold UVXY Sep 23 2022 10.5 Calls at $0.10 Credit
Bought UVXY Oct 21 2022 16.0 Calls / Sold UVXY Sep 23 2022 10.5 Calls at $0.02 Credit

UVXY Spreads

Bought UVXY Feb 20 2023 4.0 Puts at $0.18 – DTE = 151
Bought UVXY Jan 20 2023 4.0 Puts at $0.07 – DTE = 123
Bought UVXY Dec 16 2022 5.0 Puts at $0.09 – DTE = 88
Bought UVXY Nov 18 2022 6.0 Puts at $0.08 – DTE = 60
Sold UVXY Sep 23 2022 9.5 Puts at $0.18, $0.19 and $0.20 -DTE = 4
#UVXYContango

Stocks

Tiny buys at new lows
LYB at $75.81 Div = 6.17%
VFC at $39.39 Div = 5.02%
#SP500 #FallingKnife

VXX Puts

New Diagonal spreads on the open. Replacing VXX long puts that expired Friday
The short side went in the money almost immediately, but it may not stay there, and I can roll the shorts weekly for more cash if necessary.
Bought to Open VXX Nov 18 2022 12.0 Puts at $0.18
Sold to Open VXX Sep 23 2022 18.5 Puts at $0.31 at $0.13 Credit
Long DTE = 60
Short DTE = 4

Bought to Open VXX Dec 16 2022 12.0 Puts at $0.36
Sold to Open VXX Sep 23 2022 18.5 Puts at $0.44 at $0.08 Credit
Long DTE = 88
Short DTE = 4

Bought to Open VXX Jan 20 2023 12.0 Puts at $0.41
Sold to Open VXX Sep 23 2022 18.5 Puts at $0.44 at $0.03 Credit
Long DTE = 123
Short DTE = 4

Bought to Open VXX Mar 17 2023 8.0 Puts at $0.38
Sold to Open VXX Sep 23 2022 18.5 Puts at $0.40 at $0.02 Credit
Long DTE = 179
Short DTE = 4

Bought to Open VXX Jun 16 2023 6.0 Puts at $0.32
Sold to Open VXX Sep 23 2022 18.5 Puts at $0.34 at $0.02 Credit
Long DTE = 270
Short DTE = 4
#VXXContango

KOLD SLV SOXL TNA Ladders

Replacing positions that expired Friday 🙂

Sold SOXL Sep 23 2022 10.5 Puts at $0.37
Sold SOXL Sep 23 2022 10.0 Puts at $0.25
Sold SOXL Sep 23 2022 9.5 Puts at $0.17

Sold TNA Sep 23 2022 40.0 Covered Call at $0.67
Sold TNA Sep 23 2022 40.5 Covered Call at $0.52
Sold TNA Sep 23 2022 41.0 Covered Call at $0.44
Sold TNA Sep 23 2022 41.5 Diagonal Call at $0.34
Sold TNA Sep 23 2022 42.0 Diagonal Calls at $0.27
Sold TNA Sep 23 2022 42.5 Diagonal Calls at $0.22

Sold KOLD Oct 21 2022 22.0 Covered Call at $0.95
Sold KOLD Oct 21 2022 23.0 Covered Call at $0.85
Sold KOLD Oct 21 2022 24.0 Covered Call at $0.70

Sold SLV Sep 23 2022 17.0 Puts at $0.08
Sold SLV Sep 23 2022 17.5 Puts at $0.20

VIX vs. VXX

Another day where VXX is broken
Near the open VIX up 5%, VXX down over 6%

Sold VXX Sep 23 2022 16.5 Puts at $0.06
Sold VXX Sep 23 2022 17.0 Puts at $0.11 $0.13 and $0.15
Sold VXX Sep 23 2022 17.5 Puts at $0.21, $0.24, $0.27 and $0.30
Sold VXX Sep 23 2022 18.0 Puts at $0.41 , $0.45, $0.49 and $0.62
#VXXContango

OptionsExpiration

A big monthly expiration. A lot of old long Puts in VXX rolled off, but I was able to write against them one last time and recover the original cost yet again (more in fact) #VXXContango .
A big expiration in TNA and TQQQ (with the market really weak two of the last three weeks). Every short position in TNA expired(including the puts).

I will go into next week with almost no short options except short strangles in VXX and a few puts in SOXL and TQQQ.

==Expired==
LABU 10.0 Covered Calls
LABU 10.0 Diagonal Calls
LABU 15/10.5 Bear Call Spreads

SLV 15/17.5 Bull Put Spreads

SOXL 10/11.0 Bull Put Spreads
SOXL 11.5 Diagonal Puts

TNA 40.0 Diagonal Calls
TNA 41.0 Diagonal Calls
TNA 42.5 Diagonal Call
TNA 43.0 Diagonal Call
TNA 44.0 Diagonal Call
TNA 44.0 and 45.0 Covered Calls
TNA 60/48 Bear Call Spread
TNA 59/47 Bear Call Spread
TNA 58/46 Bear Call Spread
TNA 56/44 Bear Call Spreads
TNA 36.0 Diagonal Put
TNA 35.0 Diagonal Put
TNA 34.5 Diagonal Put

TQQQ 29.0 Diagonal Call
TQQQ 29.0 Covered Calls
TQQQ 30.0 Diagonal Calls
TQQQ 31.0 Diagonal Calls
TQQQ 32.0 Diagonal Calls
TQQQ 47/33 Bear Call Spread
TQQQ 46/34 Bear Call Spread
TQQQ 45/33 Bear Call Spread
TQQQ 23.0 Diagonal Puts

UVXY 18/12 Bear Call Spreads
UVXY 9.0 Diagonal Puts — #UVXYContango
UVXY 8.5 Diagonal Puts — #UVXYContango

VXX 26.5/20.5 Bear Call Spreads
VXX 26/20.5 Bear Call Spreads
VXX 25.5/20.5 Bear Call Spreads
VXX 20.5 Diagonal Calls
VXX 10/17.5 Bull Put Spreads
VXX 13/17.5 Bull Put Spreads
VXX 14/18 Bull Put Spreads
VXX 15/18 Bull Put Spreads

==Assignments==
None

TQQQ Put Rolldowns

Rolled TQQQ Sep 16 2022 25.5 Diagonal Put to TQQQ Sep 23 2022 24.0 Put at $0.13 Credit
Rolled TQQQ Sep 16 2022 25.0 Diagonal Put to TQQQ Sep 23 2022 23.0 Put at $0.21 Credit

SOXL Put Rolldowns

SOXL came all the way back to even on the day
Rolled SOXL Sep 16 2022 12.5 Diagonal Puts to SOXL Sep 23 2022 11.5 Puts at $0.02 Credit. Lowered the strike a point
Rolled SOXL Sep 16 2022 12.0 Diagonal Puts to SOXL Sep 23 2022 10.5 Puts at $0.18 Credit. Lowered the strike 1.5 points.
My SOXL 11.5 and 11.0 short puts will expire

Markets

To put today in some perspective
SPY is still 20 points above it’s YTD low of $362.17
QQQ is still 15 points above it’s YTD low of $269.28
Just saying’

SOXL Put Rolldown

Rolled SOXL Sep 16 2022 13.0 Puts to SOXL Sep 23 2022 12.5 Puts at $0.06 Credit

VXX Calls

Sold VXX Sep 23 2022 21.0 Diagonal Calls at $0.27
Sold VXX Sep 23 2022 21.5 Diagonal Calls at $0.18
#OnlySpreads

Stocks – it’s getting ugly out there

A bunch of old GTC orders filled on the open at new lows (some of them 3-year lows below the Covid lows)
#TinyBuys
AOS at $51.72 Div = 2.12%
CE at $104.74 Div = 2.54%
DOW at $45.97 Div = 5.97%
EMN at $79.00 Div = 3.74%
FDX at $160.00 Div = 2.25%
IP at $35.65 Div = 5.25%
GRMN at $86.00 Div = 3.36%
MMM at $114.58 Div = 5.12%
SWK at $84.56 Div = 3.74%
T at $16.62 Div = 6.62%
VFC at $39.75 Div = 4.93%

and a non-dividend payer:
GOOGL at $101.88
#SP500 #FallingKnife

FDX After hours

Added a tiny bit of FDX at $172.00 after it closed at $204.87 at 4:00. Lowest since August 2020.
Couldn’t resist 🙂
#SP500 #FallingKnife

LABU Call Rollup

Rolled up just a portion of my LABU 09/16/2022 10.0 Calls to the LABU 09/23/2022 10.5 Calls for a $0.20 Credit
Originally sold this weeks’ calls at $0.65

ADBE – a true falling knife

Glad I exited my small ADBE position in May at $427.14.
Not biting here at $310.00 as it pays no divvy but might work as an options trade
Just sayin’

INTC STX WBA WU Stock

Added a tiny bit of INTC at a new low of $29.00. Div = 5.06%
Added a tiny bit of STX at a new low of $62.37. Div = 4.42% (ex-div on 09/20)
Added a tiny bit of WBA at a new low of $33.96. Div = 5.52%
Added a tiny bit of WU at a new low of $13.94. Div = 6.59%
#SP500 #FallingKnife

VXX Calls and Put Rolldowns

Moving on to next week:
Sold VXX Sep 23 2022 20.5 Diagonal Calls at $0.17, $0.18, $0.19 and $0.21
I’m letting this week’s 20.5 Calls expire (along with my 17.5 and 18.0 short Puts)

Bought to close VXX Sep 16 2022 20.0 Puts at $1.02. Sold last Friday on a roll at $2.20
Sold to Open VXX Sep 23 2022 19.5 Puts at $1.04 for a $0.02 Credit and dropped the short strike by $0.50

Bought to close VXX Sep 16 2022 19.5 Puts at $0.45. Sold last Friday on a roll at $1.38
Sold to Open VXX Sep 23 2022 19.0 Puts at $0.63 for a $0.18 Credit and dropped the short strike by $0.50

Gives me 19.5/20.5 and 19.0/20.5 short strangles for next week.
#VXXContango #OnlySpreads

UVXY Puts closed

Bought to close half of my position in UVXY Sep 16 2022 9.0 Puts at $0.01. Sold on Monday at $0.31.
I’ll let the other half expire
#ReleasingMargin #UVXYContango

KOLD Puts rolled

Not waiting until Friday. Until yesterday, these looked like they might expire. Not so much today!!
Bought to close KOLD Sep 16 2022 13.0 Puts at $2.43. Sold last month on a rolldown at $3.50
Sold to Open KOLD Oct 21 2022 11.0 Puts at $2.45 for a $0.02 Credit but lowered the short strike 2 points

NVDA IP PARA Stock

A rare departure from my normally higher yielding #SP500 stocks
Added to my NVDA position at $129.29

Also added:
IP at $40.00 Div = 4.56%
PARA at $21.94 Div = 4.30%
#FallingKnife

TNA TQQQ Put Ladder

Sold 1 TNA Sep 16 2022 34.5 Put at $0.26. The September low on TNA was 36.15 on 09/07
Replacing TNA puts that expired Friday

Sold 1 TQQQ Sep 16 2022 25.5 Put at $0.82
Sold 1 TQQQ Sep 16 2022 25.0 Put at $0.62
Sold TQQQ Sep 16 2022 23.0 Puts at $0.18
Replacing similar puts covered at a penny last Friday
#OnlySpreads

INTC WHR Stock

Added some INTC at $29.56. Div = 4.63%
Added some WHR Stock at $145.93 Div – 4.37%
#SP500 #FallingKnife

SOXL Ladder, SLV TNA VXX UVXY

Sold SOXL Sep 16 2022 13.0 Diagonal Puts at $0.65
Sold SOXL Sep 16 2022 12.5 Diagonal Puts at $0.46
Sold SOXL Sep 16 2022 12.0 Diagonal Puts at $0.30
Sold SOXL Sep 16 2022 11.5 Diagonal Puts at $0.22

Sold SLV Sep 16 2022 17.5 Puts at $0.10

Sold TNA Sep 16 2022 36.0 Diagonal Put at $0.24
Sold TNA Sep 16 2022 35.0 Diagonal Put at $0.22

Sold VXX Sep 16 2022 20.5 Diagonal Calls at $0.10
Sold UVXY Sep 16 2022 Diagonal 12.0 Calls at $0.11
#OnlySpreads

Stocks

Sold some HBAN at $14.55 (at it’s 3-month high). Bought on 07/01/2022 at $11.72
Sold half of my JCI at $59.58(near it’s 3-month high). Bought on 05/09/2022 at $51.80
#RaisingCash #FormerFallingKnife