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
Author Archives: Option Iceman
TQQQ Call
Sold 1 TQQQ 09/13/2024 61.0 Covered Call at $1.12. Sold against stock put to me Friday at $57.00
Options Expiration
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
TQQQ SPY last minute rolls
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.
AAP BEN CTRA CVX OXY Stock
Tiny Buys at new lows:
AAP at $40.00
BEN at $19.30
CTRA at $23.00
CVX at $139.00
OXY at $53.00
#FallingKnife
VXX Call Rollup
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
AMZN Calls
Bought to close 1 AMZN 187.5/177.5 Bear Call Spread at $0.02
Sold earlier in the week at $1.92 Credit
#ReleasingMargin
SPY Put
Sold 1 SPY 09/06/2024 541.0 Put at $0.36
Expires today
SPY Expiration
All expired:
1 SPY 533/543 Bull Put Spread
1 SPY 534/544 Bull Put Spread
1 SPY 535/544 Bull Put Spread
1 SPY 535/545 Bull Put Spread
1 SPY 535/546 Bull Put Spread
Knowing that I sold 1 SPY 09/06/2024 540.0 Put at $0.41 two minutes before the close
#1DTE
SPY Iron Condor 1DTE
Sold 1 SPY 09/06/2024 538/547/553/562 Iron Condor at $3.12 Credit
SPY is at 550, right in the center
SLB HES HAL stock
Tiny buys
SLB at $41.00
HES at $130.00 and at $129.00
HAL at $29.00
#FallingKnife
SPY Put
Added one more
Sold 1 SPY 09/05/2024 546.0 Put at $0.30 – expires today
GLD VXX Calls, SPY Put
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
GLD Expiration
Almost forgot this one:
1 GLD 225/229 Bull Put Spread
1 GLD 227 Diagonal Put
SPY Expiration
1 SPY 543/545 Bull Put Spread
1 SPY 541/546 Bull Put Spread
1 SPY 546 Diagonal Put
APA WBA stock
Tiny Buys
APA at $26.00
WBA at $8.75
#FallingKnife
SPY Puts
Sold 1 SPY 09/05/2024 533/543 Bull Put Spread at $0.36 Credit
SPY Calls
Rolling 1 SPY Bear Call Spread out past the SPY September ex-dividend date.
Closed the SPY 09/06/2024 576/530 Bear Call Spread and sold 1 SPY 10/11/2024 576/535 Bear Call Spread ay $0.07 Credit.
Lowered the carry cost of the position $500
SLB Put
Sold 1 SLB 09/06/2024 40.5 Put at $0.09
#Tiny99PercentPuts
VXX Long term Puts
Bought VXX Jan 17 2025 24.0 Puts at $0.10.
135 days to expiration
#VXXContango
AVGO Puts
Sold 1 AVGO 130/139 Bull Put Spread at $0.46 Credit
#Earnings tomorrow
DLTR Puts
Sold 1 DLTR 09/06/2024 60.0 Put at $0.26
#Tiny99PercentPuts
Rolled the long put of my Bull Put spread out a week
Sold to close 1 DLTR 09/06/2024 65.0 Put at $2.22.
Replaced it with 1 DLTR 09/13/2024 55.0 Put at $0.18
#DamageControl
SPY Puts
Sold to close 1 SPY 09/04/2024 543.0 Put at $0.23 to avoid a total loss from expiration today
Replaced it with 1 long SPY 09/05/2024 535.0 Put at $0.21 for a $0.02 Credit on the roll.
Sold 1 SPY 09/05/2024 544.0 Put at $1.01 against the new long position
SPY after the close
Sold 1 SPY 09/04/2024 546 Put at $0.33 – adding to my position
SPY Expiration
1 SPY 547 Diagonal Put – Sold on 08/28 at $0.48
On the last leg down
For this week:
Sold 1 TQQQ 52/57 Bull Put Spread at $0.20 Credit
Sold 1 BA 145/150 Bull Put Spread at $0.24 Credit
Sold 1 VXX 80/70 Bear Call Spread at $0.32 Credit
For Next Week:
Sold 1 VXX Sep 13 2024 80/70 Bear Call Spread at $0.42 Credit
HAL SLB
Tiny Buys
HAL at $30.00
SLB at $42.00
#FallingKnife
Spreads for this week
Sold 1 GTLB 36/39 Bull Put Spread at $0.26 Credit
Sold 1 AVGO 134/143 Bull Put Spread at $0.47 Credit
Sold 1 DOCU 48/52 Bull Put Spread at $0.24 Credit
Sold 1 DLTR 65/72 Bull Put Spread at $0.68 Credit
Sold 1 VXX 79/57 Bear Call Spread at $0.27 Credit
Sold 1 VXX 74/60 Bear Call Spread at $0.28 Credit
Sold 1 MU 79/84 Bull Put Spread at $0.24 Credit
Tiny Puts for this week
Sold 1 DG 75.0 Put at $0.06
Sold 1 BOIL 7.5 Put at $0.07
Sold 1 SOXL 28.0 Put at $0.08
Sold 1 TQQQ 57.0 Put at $0.10
Sold 1 DLTR 65.0 Put at $0.24
Sold 1 MU 85.0 Put at $0.31
OptionsExpiration
What is left after closeouts and rollouts:
Expired:
BBWI 28 Put
BOIL 8 Put
BOIL 7.5 Put
DG 80 Put
LABU 115 Put
MU 80 Put
SOXL 21 Put
SQQQ 7.5 Put
TQQQ 56 Put
TZA 12.5 Put
WBA 9 Puts
#Tiny99PercentPuts
ADSK 295/285 Bear Call Spread
BBWI 45/41 Bear Call Spread
BBY 105 Diagonal Call
BOIL 13.5 Covered Call
BOIL 10.5 Covered Call
CHWY 35/31 Bear Call Spread
CVS 64 Covered Call
FCX 46.5 Covered Call
FCX 48.5/46.5 Bear Call Spread
GAP 29/27 Bear Call Spread
GLD 242.5/237.5 Bear Call Spread
NUGT 46/47 Bull Put Spread
SOXL 53 Covered Call
SOXL 55/41 Bear Call Spread
SPY 552 Diagonal Put
SPY 543/548 Bull Put Spread
TQQQ 55/62.5 Bull Put Spread
TQQQ 83/71 Bear Call Spread
TQQQ 86.5/74 Bear Call Spread
TQQQ 87/77 Bear Call Spread
UPS 120/126 Bull Put Spread
VFC 22.5/18.5 Bear Call Spread
VXX 35/44.5 Bull Put Spread
VXX 40/44 Bull Put Spread
VXX 56/51 Bear Call Spread
VXX 67/57 Bear Call Spread
VXX 80/60 Bear Call Spread
WBA 10.5 Covered Calls
#EveryLittleBitHelps
GLD NUGT AMZN SOXL VXX
A busy opening
Sold 1 GLD 09/04/2024 225/229 Bull Put Spread at $0.27 Credit – expires Weds
Sold 1 NUGT 08/30/2024 46/47 Bull Put Spread at $0.15 Credit – expires today
Sold 1 NUGT 09/06/2024 39/43.5 Bull Put Spread at $0.24 Credit
Dan Fitz and Carter Worth both put out bullish videos on Gold and the miners
Sold 1 AMZN 09/06/2024 187.5/180 Bear Call Spread at $0.37 Credit
Sold 1 SOXL 09/06/2024 44.0 Covered Call at $0.50
Bought 1 VXX Jan 17 2025 26.0 Put / Sold 1 VXX 09/06/2024 43.5 Put at $0.24 Credit
MU DG late reports
Sold 1 MU Aug 30 2024 80 Put at $0.08
Sold 1 DG Aug 30 2024 80 Put at $0.17
#Tiny99PercentPuts
SPY Expiration
1 SPY 08/29/2024 544/549 Bull Put Spread – sold Monday at $0.24
SPY Puts
An aggressive diagonal for tomorrow
Bought 1 SPY 09/03/2024 530 Put/Sold 1 SPY 08/30/2024 552 Put at $0.28 Credit.
At least I have 1 SPY Put ladder position expiring today
AMZN
Sold 1 AMZN 08/30/2024 177.5/175 Bear Call Spread at $0.13 Credit
#EveryLittleBitHelps
more than 5x times failed at highs…lower highs, lower lows….
DG BBY
Retailers moving in opposite directions
Sold 1 DG 08/30/2024 80/85 Bull Put Spread at $0.30 Credit
Bought 1 BBY 09/13/2024 115 Call / Sold 1 BBY 08/30/2024 102 Call at $0.44 Credit
Bought 1 BBY 09/06/2024 110 Call / Sold 1 BBY 08/30/2024 105 Call at $0.14 Credit
NVDQ CRWD HPQ spreads closed
Bought to close 1 NVDA 08/30/2024 165/155 Bear Call Spread at $0.01
Bought to close 1 CRWD 08/30/2024 210/220 Bull Put Spread at $0.01
Bought to close 1 HPQ 08/30/2024 27.5/32.5 Bull Put Spread at $0.01
#ReleasingMargin
SPY GLD Expiration
1 SPY 08/28/2024 545/550 Bull Put Spread – Sold on Monday at $0.17
1 GLD 08/28/2024 240/235 Bear Call Spread – Sold on Friday at $0.48
TQQQ VXX on a slight market bounce
Sold 1 TQQQ 09/06/2024 80/75 Bear Call Spread at $0.30 Credit
Sold 1 VXX 09/06/2024 40/44 Bull Put Spread at $0.58 Credit
Markets
Some serious drops today
SMCI down 21%
ANF down 19%
FL down 11%
VXX Calls – SPY Puts
The market pullback must be getting serious
Sold 1 VXX 08/30/2024 56/51 Bear Call Spread at $0.29 Credit
Sold 1 SPY 09/09/2024 525/535 Bull Put Spread at $0.40 Credit
CRWD SPY Puts
Sold 1 CRWD 08/30/2024 200/210 Bull Put Spread at $0.24 Credit
Sold SPY 09/03/2024 542/547 Bull Put Spread at $0.29 Credit
Sold SPY 09/04/2024 541/546 Bull Put Spread at $0.29 Credit
Sold SPY 09/05/2024 535/545 Bull Put Spread at $0.60 Credit
Sold SPY 09/06/2024 525/535 Bull Put Spread at $0.30 Credit
Extending my #SPYLadder
GAP VFC Calls
Sold 1 GAP 08/30/2024 29/27 Bear Call Spread at $0.22 Credit
Sold 1 VFC 08/30/2024 18.5 Call at $0.15
Sold this against a leftover call from last week
#DoubleDip
TQQQ Call
Sold 1 TQQQ 08/30/2024 74.0 Call at $0.34
Sold against a long call left over from last week
#DoubleDip
GLD again
Two expirations per week
Sold 1 GLD 242.5/237.5 Bear Call Spread at $0.26
SBUX
Sold the last of my SBUX stock at $96.02
Shares left over from an old put assignment at about $77
SPY Puts
Extending my Put Ladder
Sold 1 SPY 08/30/2024 543/548 Bull Put Spread at $0.29 Credit
Tiny Puts
Yesterday’s #Tiny99PercentPuts
1 BBWI 28 Put at $0.10
1 BOIL 8 Put at $0.10
1 LABU 115 Put at $0.25
1 SOXL 21 Put at $0.06
1 SQQQ 7.5 Put at $0.06
1 TQQQ 56 Put at $0.06
1 TZA 12.5 Put at $0.09
#EveryLittleBitHelps
UPS SPY VXX Puts
Sold 1 UPS 08/30/2024 118/126 Bull Put Spread at $0.24 Credit
Sold 1 SPY 08/28/2024 545/550 Bull Put Spread at $0.17 Credit
Sold 1 SPY 08/29/2024 544/549 Bull Put Spread at $0.24 Credit
Sold 1 VXX 08/30/2024 44.5 Put at $0.65
Sold 1 VXX 08/30/2024 44.0 Put at $0.45
Both sold against long puts leftover from last week
#DoubleDip
TQQQ HPQ Puts
Sold 1 TQQQ 08/30/2024 55/62.5 Bull Put Spread at $0.35 Credit
Sold 1 HPQ 08/30/2024 27.5/32.5 Bull Put Spread at $0.31 Credit
ADSK BBWI BBY CHWY FCX NVDA VFC Calls
Sold 1 ADSK 08/30/2024 295/285 Bear Call Spread at $0.34 Credit
Sold 1 BBWI 08/30/2024 45/41 Bear Call Spread at $0.28 Credit
Sold 1 BBY 08/30/2024 102/96 Bear Call Spread at $0.62 Credit
Sold 1 CHWY 08/30/2024 35/31 Bear Call Spread at $0.40 Credit
Sold 1 FCX 08/30/2024 48.5/46.5 Bear Call Spread at $0.25 Credit
Sold 1 NVDA 08/30/2024 165/155 Bear Call Spread at $0.55 Credit
Sold 1 VFC 08/30/2024 21/17.5 Bear Call Spread at $0.20 Credit
OptionsExpiration
Good week:
Expired:
AAP 40 Put
APA 27.5 Puts
HAL 30 Put
LABU 97 Put
SOXL 26 Put
TQQQ 55 Put
VFC 15 Put
#Tiny99PercentPuts
M 13.5/15 Bull Put Spread
SOXL 29/33 Bull Put Spread
SOXL 42.5 Covered Call
SOXL 56 Covered Call
SPY 570/565 Bear Call Spread
TQQQ 71.0 Covered Call
TQQQ 80/73 Bear Call Spread
TQQQ 74 Diagonal Call
TQQQ 64/68 Bull Put Spread
TQQQ 63/67 Bull Put Spread
TQQQ 62/66 Bull Put Spread
UPS 119/125 Bull Put Spread
UPS 127 Diagonal Put
VFC 22.5/17.5 Bear Call Spread
VXX 40/43 Bull Put Spreads
VXX 40/44.5 Bull Put Spread
VXX 80/55 Bear Call Spread
VXX 70/53 Bear Call Spread
VXX 68/55 Bear Call Spread
VXX 65/55 Bear Call Spread
TQQQ
Assuming that my TQQQ 71, 73 and 74 calls for today will expire, setting up a trade for next week
Sold 1 TQQQ 08/30/2024 83/77 Bear Call Spread at $0.28 Credit
GLD again
Sold 1 GLD Aug 28 2024 240/235 Bear Call Spread at $0.48 Credit
SPY Expiration
1 SPY 08/22/2024 568/565 Bear Call Spread (sold today)
SPY Calls
Sold 1 SPY 08/23/2024 570/565 Bear Call Spread at $0.24 Credit
SPY Puts
Sold 1 SPY 09/06/2024 465/515 Bull Put Spread at $0.33 Credit
Adding to my long term SPY Put Ladder
VXX TQQQ
Sold 1 VXX 08/23/2024 70/53 Bear Call Spread at $0.24 Credit
Sold 1 VXX 08/23/2024 68/55 Bear Call Spread at $0.18 Credit
Sold 1 VXX 08/23/2024 65/55 Bear Call Spread at $0.16 Credit
Sold 1 TQQQ 08/23/2024 62/66 Bull Put Spread at $0.28 Credit
TQQQ Puts
Sold1 TQQQ 08/23/2024 64/68 Bull Put Spread at $0.18 Credit
Sold1 TQQQ 08/23/2024 63/67 Bull Put Spread at $0.14 Credit
SPY Calls
Sold 1 SPY 08/22/2024 568/565 Bear Call Spread at $0.27 Credit
Expires today
VXX Diagonal Puts
Bought 1 VXX Aug 30 2024 40 Put / Sold 1 VXX Aug 23 2024 44.5 Put at $0.14 Credit
#EveryLittleBitHelps
SPY GLD Expiration
1 SPY 567/563 Bear Call Spread (sold today)
1 GLD 240/235 Bear Call Spread
APA HAL Puts
Sold 1 APA Aug 23 2024 27.5 Put at $0.06
Sold 1 HAL Aug 23 2024 30.0 Put at $0.08
#TinyPuts
SPY VXX
Both up today
That doesn’t happen often
SPY Calls sold
Sold my excess SPY 08/21/2024 560.0 Calls at $1.27 to avoid a total loss if they expire today.
Bought at $0.20 and $0.42 to hedge short ITM calls that have already been rolled forward
SPY M TZA Spreads
Sold 1 SPY 08/21/2024 567/563 Bear Call Spread at $0.21 Credit
Expires today
Sold 1 M 08/23/2024 13.5/15 Bull Put Spread at $0.14 Credit
Sold 1 TZA 08/23/2024 13.5/14.5 Bull Put Spread at $0.14 Credit
#EveryLittleBitHelps
SPY Long(er) Term Puts
The last of my SPY puts expired yesterday so dipping my toe in again:
Sold 1 SPY 09/20/2024 460/515 Bull Put Spread at $0.72 Credit
Sold 1 SPY 09/13/2024 465/520 Bull Put Spread at $0.54 Credit
TQQQ and GLD
Sold 1 TQQQ 87/73 Diagonal Bear Call Spread at $0.75 Credit
Sold 1 TQQQ 86.5/74 Diagonal Bear Call Spread at $0.42 Credit
Sold 1 GLD 08/21/2024 240/235 Bear Call Spread at $0.51 Credit
High premiums because of the JHole speech
Tiny Puts for this week
Sold 1 VFC Aug 23 2024 15 Put at $0.06
Sold 1 TQQQ Aug 23 2024 55 Put at $0.07
Sold 1 SOXL Aug 23 2024 26 Put at $0.07
Sold 1 AAP Aug 23 2024 40 Put at $0.10
Sold 1 LABU Aug 23 2024 97 Put at $0.20
#Tiny99PercentPuts
SPY Expiration
1 SPY 500/537 Bull Put Spread
1 SPY 520/538 Bull Put Spread
I had to roll all my calls for today up and out (again)
VXX Long Term Puts
Bought VXX Jan 17 2025 24.0 Puts at $0.15
#VXXContango
OptionsExpiration
Not as many fireworks this week:
Expired:
#Tiny99%Puts
1 AAP 50 Put
1 ALB 67 Put
1 CMCSA 37 Put
1 CSCO 39 Put
1 INTC 18 Put
1 PFE 27 Put
1 SOXL 27 Put
1 TPR 32 Put
1 VFC 15.5 Put
1 WBA 10 Put
#EveryLittleBitHelps
1 BOIL 12 Covered Call
1 FCX 46 Covered Call
1 SOXL 24/29 Bull Put Spread
1 VXX 45 Diagonal Put
1 VXX 105/74 Bear Call Spread
1 VXX 100/72 Bear Call Spread
1 VXX 89/57 Bear Call Spread
1 VXX 82/72 Bear Call Spread
1 VXX 80/50 Bear Call Spread
1 VFC 21/18 Bear Call Spread
1 INTC 16/19 Bull Put Spread
SPY 500/538 Bull Put Spread
VXX Put Rolled down
Rolled down 1 VXX 08/16/2024 45.5 Diagonal Put to 1 VXX 08/23/2024 43.0 Put at $0.16 Credit
SBUX Call Assigned way early
Back on August 8th I sold 1 SBUX Sep 06 2024 81.0 Covered Call at $0.52 with the stock around 74.75
After the giant move higher on 08/13 and to get the dividend, someone exercised it.
At least I got most of my cash back.
SPY Long Calls rolled out
Sold today’s SPY 555.0 Long Calls at $0.44, 0.45 and $ 0.46 before they expire worthless.
Buying more time as I roll some short ITM Calls paired against these.
Bought 1 SPY 08/19/2024 560 Call at $0.14
Bought 1 SPY 08/20/2024 560. Call at $0.26
Bought 1 SPY 08/21/2024 560.0 Call at $0.42
Options Bistro 