VIX is Waking Up

After rolling TQQQ Calls and VXX Calls up, here is what’s left:

Expired:
AVGO 138/172.5 Bull Put Spread
DVN 38 Put
JDST 23 Put
MU 74 Put
NUGT 38/48 Bull Put Spread
NUGT 54 Diagonal Call
CLF 13 Covered Calls
SOXS 19 Put
SOXS 18 Put
SPY 543/558 Bull Put Spread
SPY 552/562 Bull Put Spread
SPY 567 Diagonal Put
SPY 574 Diagonal Call
UPS 117/126 Bull Put Spread
TQQQ 73.5 Diagonal Call
VXX 47 Diagonal Put
VXX 40/45 Bull Put Spread
VXX 45 Diagonal Puts

Assignments:
1 TQQQ 71.0 Covered Call – vs. stock put to me at $71 Aug 1st
1 FCX 46.0 Covered Call – vs. stock put to me at $46 Jul 19th
1 DVN 39.5 Put (5% dividend payer)

Rolled 1 VXX 68/48 Bear Call Spread to next week for $0.40 Credit

Bought to close BOIL 09/27/2024 12.00 Covered Calls at $0.04
Sold BOIL 10/04/2024 13.50 Covered Calls at $0.23

1 SPY 580/576 Bear Call Spread

1 SPY 531/541 Bull Put Spread
1 SPY 558/567 Bull Put Spread – sold today
1 SPY 551/567 Bull Put Spread
1 SPY 579/571 Bear Call Spread
1 SPY 579/574 Bear Call Spread

1 GLD 248/246 Bear Call Spread

Sold 1 SPY 09/25/2024 558/567 Bull Put Spread at $0.17 Credit

Sold 1 CVS Oct 11 2024 64.0 Covered Call at $0.30
Sold 1 CVS Oct 18 2024 64.0 Covered Call at $0.44

Rolled my SOXL 09/27/2024 45.0 Covered Calls to SOXL 10/04/2024 45.5 Covered Calls for $0.14 Credit

1 SPY 532/542 Bull Put Spread
1 SPY 547/565 Bull Put Spread
1 SPY 565 Diagonal Put

Closed 1 SPY 578/571 Bear Call Spread at $0.10. Was due to expire until 2 minutes before the close

SPY 533/543 Bull Put Spread
SPY 566 Diagonal Put
SPY 577/571 Bear Call Spread

Sold 1 VXX 09/27/2024 60/50 Bear Call Spread at $0.52 Credit
Balancing the risk of the VXX Put spread from earlier today

Bought 1 SPY 09/24/2024 547 Put at $0.02 / Sold 1 SPY 09/23/2024 566 Put at $0.16 for a $0.14 Diagonal Credit.
I’ve got other Put and Call Spreads on SPY expiring today.

Sold 1 SPY 09/27/2024 552/562 Bull Put Spread at $0.83 Credit
Sold 1 SPY 09/60/2024 550/560 Bull Put Spread at $0.77 Credit

SEC approves options trading for BlackRock’s iShares Bitcoin Trust (IBIT)

SPY 460/515 Bull Put Spread
SPY 540/551 Bull Put Spread
SPY 576/571 Bear Call Spread

TQQQ 47/57 Bull Put Spread
TQQQ 48/58 Bull Put Spread
TQQQ 49/58 Bull Put Spread
TQQQ 76/71 Bear Call Spread
TQQQ 76/72.5 Bear Call Spread
TQQQ 71 Covered Call

VXX 70/57 Bear Call Spread
VXX 70/60 Bear Call Spread
VXX 46.5 Diagonal Put
VXX 46 Diagonal Put

NUGT 60/55 Bear Call Spread
NUGT 41/45 Bull Put Spread
NUGT 43 Put

UPS 115/123/132/141 Iron Condor

DLTR 56/71/74/80 Iron Condor
DLTR 80/75 Bear Call Spread

AMZN 177.5 Diagonal Put
AMZN 167.5/175 Bull Put Spread

VFC 21/19 Bear Call Spread

BBY 108/101 Bear Call Spread
BBY 109/102 Bear Call Spread

AVGO 172.5 Diagonal Call
AVGO 147 Diagonal Put

BOIL 11 Covered Calls
CLF 12.5 Covered Calls
FCX 46 Covered Call
WBA 10.5 Covered Calls
CVS 64 Covered Call

BEN 17.5 Put
EL 84 Put
MOS 24 Put
SQQQ 7.5 Put

Sold 1 SPY 10/11/2024 505/535 Bull Put Spread at $0.75 Credit
Extending the Put Ladder

Sold 1 SPY 09/23/2024 577/571 Bear Call Spread at $0.52 Credit
Sold 1 SPY 09/24/2024 578/571 Bear Call Spread at $0.77 Credit
Replacing old calls lost to assignment

Sold 1 TQQQ 09/27/2024 76/71.5 Bear Call Spread at $0.75 Credit

Sold these to start making back some of my SPY loss:
Sold 1 SPY 09/20/2024 576/571 Bear Call Spread at $0.51 Credit – expires today
Sold 1 SPY 09/25/2024 579/571 Bear Call Spread at $1.67 Credit

I thought I had moved my short SPY calls out far enough to avoid assignment on the ex-date today, but the yesterday’s big 10 point move pushed them too far into the money and nuked all the remaining time premium.

Assigned on 1 SPY 09/27/2024 556 Call and on 1 SPY 09/30/2024 551 Call.

With the stock closing at $570.90 I was looking at a big loss.
Luckily I was able to cover the short stock at $567.97 in the pre-market.
Better, but not great.

Sold 1 SPY 09/19/2024 560/565 Bull Put Spread at $0.23 Credit

1 SPY 518/555 Bull Put Spread
1 SPY 541/551 Bull Put Spread

Did roll a couple of call spreads out a few days (got spooked by the big surge after the announcement. One of the Bear call spreads would have expired)

1 GLD 230/234/242/246 Iron Condor
1 GLD 228/234 Bull Put Spread

Extending my SPY Put ladder while premiums are high
Sold 1 SPY 09/24/2024 532/542 Bull Put Spread at $0.36 Credit
Sold 1 SPY 09/24/2024 531/541 Bull Put Spread at $0.52 Credit

Sold 1 SPY 09/18/2024 541/551 Bull Put Spread at $0.21 Credit

Sold 1 SPY 09/20/2024 540/551 Bull Put Spread at $1.03 Credit
Sold 1 SPY 09/23/2024 533/543 Bull Put Spread at $0.33 Credit

1 SPY 536/546 Bull Put Spread
1 SPY 545/555 Bull Put Spread

1 GLD 245/241 Bear Call Spread

Sold 1 GLD 09/18/2024 246/242 Bear Call Spread at $0.31 Credit
Wednesday’s expiration

1 AMZN 167.5/177.5 Bull Put Spread at $0.33 Credit
1 AVGO 136/148 Bull Put Spread at $0.16 Credit
Bought 1 AVGO 09/27/2024 130 Put / Sold 1 AVGO 09/20/2024 147 Put at $0.24 Credit
1 TQQQ 47/57 Bull Put Spread at $0.14 Credit

Sold 1 DLTR 80/75 Bear Call Spread at $ 0.26 Credit
Bought 1 BBY 09/27/2024 105 Call / Sold 1 BBY 09/20/2024 101 Call at $0.15 Credit

Sold 1 NUGT 09/20/2024 60/55 Bear Call Spread at $0.42 Credit
Sold 1 GLD 09/16/2024 245/251 Bear Call Spread at $0.24 Credit

CLF 16 Covered Calls
FCX 43 Covered Call
SOXL 34 Covered Calls
MOS 24 Put
HES 125 Put
HES 118 Put
AAP 35 Put
APA 23.5 Put
SPY 534 Put

SPY 570/565 Bear Call Spread
BBY 115/100 Bear Call Spread
CVS 70/64 Bear Call Spread
DLTR 76/72 Bear Call Spread
VXX 80/60 Bear Call Spread
VXX 75/57 Bear Call Spread

APA 20/23 Bull Put Spread
AVGO 130/141 Bull Put Spread
AVGO 129/137 Bull Put Spread
DG 75/84 Bull Put Spreads
HES 120/125 Bull Put Spread
HES 120/124 Bull Put Spread
NUGT 33/42.5 Bull Put Spread

Assignments:
1 TQQQ 61 Covered Call – vs stock put to me last week at $57

1 SPY 09/12/2024 539/548 Bull Put Spread
1 SPY 09/12/2024 548 Diagonal Put

Sold 1 SPY 09/12/2024 539/548 Bull Put Spread at $0.36 Credit – Expires today
Sold 1 SPY 09/13/2024 537/547 Bull Put Spread at $0.64 Credit
Sold 1 SPY 09/16/2024 536/546 Bull Put Spread at $0.78 Credit
Sold 1 SPY 09/17/2024 535/545 Bull Put Spread at $0.86 Credit

Another good day when I didn’t have to roll anything 🙂
1 SPY 528/536 Bull Put Spread
1 SPY 532/538 Bull Put Spread

SPY 560/556 Bear Call Spreads

Sold 1 SPY 09/11/2024 556 Call at $0.33
Sold 1 SPY 09/11/2024 538 Put at $0.17

Another rare good day when I didn’t have to roll anything 🙂
1 SPY 510/530 Bull Put Spread
1 SPY 525/540 Bull Put Spread
1 SPY 525/542 Bull Put Spread
1 SPY 546 Diagonal Put

1 SPY 559/552 Bear Call Spread
1 SPY 556/552 Bear Call Spread

Sold 1 GLD 09/13/2024 240/235 Bear Call spread at $0.46 Credit

Bought 1 UPS 09/20/2024 141 Call and Sold 1 UPS 09/13/2024 132 Call at $0.25 Diagonal Credit

Sold 1 TQQQ 09/20/2024 71.0 Covered Call at $0.14

Bought 1 SPY 09/11/2024 528 Put and sold 1 SPY 09/10/2024 540 Put at $$0.18 Diagonal Credit

Sold 1 TQQQ 09/13/2024 67.5/64 Bear Call Spread at $0.33 Credit

Sold 1 VXX 09/13/2024 75/57 Bear Call Spread at $0.71 Credit

Bought 1 AMZN 09/20/2024 195 Call at $0.14 and Sold 1 AMZN 09/13/2024 185 Call at $0.28 for a $0.14 Diagonal Credit

Bought 1 SPY 09/11/2024 560 Call at $0.06 and 1 SPY 09/11/2024 532 Put at $0.09.
Sold 1 SPY 09/10/2024 552 Call at $0.30 and 1 SPY 09/10/2024 542 Put at $0.26

1 SPY 500/535 Bull Put Spread
1 SPY 525/535 Bull Put Spread
1 SPY 528/539 Bull Put Spread
1 SPY 530/538 Bull Put Spread
1 SPY 531/539 Bull Put Spread

1 SPY 566/549 Bear Call Spread
1 SPY 553/549 Bear Call Spread

Finally, got a bunch of these right 🙂

Monday’s spreads
Sold 1 DLTR 09/13/2024 76/72 Bear Call Spread at $0.24 Credit
Sold 1 NUGT 09/13/2024 50/46 Bear Call Spread at $0.24 Credit
Sold 1 TQQQ 09/13/2024 67.5/63 Bear Call Spread at $0.29 Credit

Sold 1 TQQQ 09/13/2024 61.0 Covered Call at $1.12. Sold against stock put to me Friday at $57.00

WOW. Big move on expiration day. But I survived unscathed … mostly
Here is what I had left after covering and rollouts;
Expired:
BOIL 7.5 Put
DG 75 Put
DLTR 65 Put
DLTR 60 Put
MU 85 Put
SLB 40.5 Put
SOXL 23 Put

AMZN 187.5/180 Bear Call Spread
AMZN 182.5 Diagonal Call
BA 145/150 Bull Put Spread
BBY 103 Diagonal Call
DOCU 48/52 Bull Put Spread
GLD 220/227/235/240 Iron Condor
GTLB 36/39 Bull Put Spread
MU 79/84 Bull Put Spread
SOXL 54/44 Bear Call Spread
SPY 515 Diagonal Put
SPY 530/535 Bull Put Spread
SPY 556 Diagonal Call
SPY 562/553 Bear Call Spread
SPY 570/547 Bear Call Spread – a huge winner on a position rolled many times
TQQQ 80/75 Bear Call Spread
TZA 12/14 Bull Put Spread
UPS 118/126 Bull Put Spread
VFC 21/18 Bear Call Spread
VFC 18.5 Diagonal Call
VXX 40/44 Bull Put Spread
VXX 43.5 Diagonal Put
VXX 74/63 Bear Call Spread
VXX 72/60 Bear Call Spread
VXX 80/70 Bear Call Spread

BOIL 10.5 Covered Call
CLF 15.5 Covered Calls
CVS 64 Covered Call
FCX 45 Covered Call
SOXL 37.5 Covered Call
SOXL 43.5 Covered Call
TQQQ 71 Covered Call

Assignments:
This is a week when not all the 99% puts work
1 TQQQ 57.0 Put – in the money by only $0.01 – I tried to cover but not worried
1 SOXL 28.0 Put – will start a call writing program next week

I was hoping for a rebound that never happened
Bought to close 1 TQQQ 52/57 Bull Put Spread at $0.15 – Sold Tues at $0.20
Sold 1 TQQQ 09/13/2024 50/56 Bull Put Spread at $1.45 Credit to replace it.

Bought to close 1 SPY 523/540 Bull Put Spread at $0.55
Sold 1 SPY 09/09/2024 527/538 Bull Put Spread at $1.59 Credit to replace it.

Bought to close 1 SPY 539 Diagonal Put at $0.27.
Sold 1 SPY 09/09/2024 535 Put at $0.82 to replace it

Bought to close 1 SPY 525/541 Bull Put Spread at $0.49
Sold 1 SPY 09/09/2024 525/539 Bull Put Spread at $1.47 Credit to replace it.

Not waiting for the time premium to fade away for this week
Rolled 1 VXX 79/57 Bear Call Spread to next week’s VXX 80/60 Bear Call Spread at $0.87 Credit
Slightly smaller margin requirement

Sold 1 SPY 09/06/2024 541.0 Put at $0.36
Expires today

Sold 1 SPY 09/06/2024 538/547/553/562 Iron Condor at $3.12 Credit
SPY is at 550, right in the center

Added one more
Sold 1 SPY 09/05/2024 546.0 Put at $0.30 – expires today

Sold 1 GLD 09/06/2024 240/235 Bear Call Spread at $0.46 Credit
Sold 1 VXX 09/06/2024 72/63 Bear Call Spread at $0.28 Credit

Sold 1 SPY 09/05/2024 544.0 Put at $0.26 – expires today

Almost forgot this one:
1 GLD 225/229 Bull Put Spread
1 GLD 227 Diagonal Put

1 SPY 543/545 Bull Put Spread
1 SPY 541/546 Bull Put Spread
1 SPY 546 Diagonal Put