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
Author Archives: Option Iceman
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
VXX Puts closed
Bought 1 VXX 08/16/2024 44.0 Diagonal Put at $0.01
Bought 1 VXX 08/16/2024 44.5 Diagonal Put at $0.01
VIX
Fastest decline ever
SPY Expiration
1 SPY 515/527 Bull Put Spread
1 SPY 543 Diagonal Put.
I had to roll all my calls for today up and out
TQQQ
Sold 1 TQQQ 08/23/2024 80/71 Bear Call Spread at $0.54 Credit
SPY Expiration
1 SPY 515/531 Bull Put Spread
1 SPY 535.0 Diagonal Put
1 SPY 550/547 Bear Call Spread
VXX Puts
I have so many Bear Call spreads for this week and next that this didn’t seem like a big risk.
Bought 1 VXX 08/23/2024 40.0 Put at $0.02 and sold 1 VXX 08/16/2024 45.5 Put at $0.17 for a $0.15 Diagonal Credit.
#EveryLittleBitHelps
SPY Calls and Puts
After a calm opening:
Sold 1 SPY 08/14/2024 547.00 Call at $0.24
Sold 1 SPY 08/14/2024 535.00 Put at $0.27
#EveryLittleBitHelps
TQQQ Calls
Bought 1 TQQQ 09/06/2024 80.0 Call / Sold 1 TQQQ 08/30/2024 71.0 Call for a $0.82 Diagonal Credit
Also, I’m still long 1oo shares of the stock, put to me at $71.00
SPY Expiration
1 SPY 485/531 Bull Put Spread
1 SPY 505/532 Bull Put Spread
Rolled my SPY 545/541 Bear Call Spread to a new diagonal for a $1.19 Credit
Bought 1 SPY 08/21/2024 555 Call and Sold 1 SPY 08/20/2024 547 Call
At least the Puts worked 🙂
SPY
Bought 1 SPY 08/14/2024 551.0 Call / Sold 1 SPY 08/13/2024 541.0 Call for a $0.24 Diagonal Credit.
Bought 1 SPY 08/14/2024 515.0 Put / Sold 1 SPY 08/13/2024 531.0 Put for a $0.24 Diagonal Credit.
#EveryLittleBitHelps
VXX Long term Puts
Bought 1 VXX Jan 17 2025 24.0 Put at $0.20
#VXXContango
SBUX
Slowing selling off excess SBUX
Sold tiny bits at 91.16, 91.96, 92.01, 92.10, 93.52, 94.01, 94.11, 94.25, 94.45, 94.66 and 94.88
#FormerFallingKnife
SPY Expiration
1 SPY 545/538 Bear Call Spread
1 SPY 545/539 Bear Call Spread
SPY for tomorrow
Bought 1 SPY 08/14/2024 550.0 Call / Sold 1 SPY 08/13/2024 540.0 Call for a $0.18 Diagonal Credit.
#EveryLittleBitHelps
Also rolled 1 short SPY 08/12/2024 535.00 Put to 1 SPY 08/13/2024 532.00 Put at $0.07 Credit
SPY Calls
Bought 1 SPY 08/13/2024 545.0 Call / Sold 1 SPY 08/12/2024 539.0 Call for a $0.13 Diagonal Credit.
#EveryLittleBitHelps
VXX Calls
Sold 1 VXX 08/16/2024 72.0 Call at $0.43.
Then added:
Sold 1 VXX 08/16/2024 74.0 Call at $0.52
Both are re-writes against leftover long calls from last week’s diagonal spreads
#DoubleDip
OptionsExpiration
A couple of mid week early assignments on spread positions had me scrambling to raise some cash.
Had to close some positions early
Here’s what I had left
EXPIRED:
AAL 9 Put
ALB 73 Put
BOIL 6.5 Put
EQT 28 Put
HAL 29.5 Put
HAL 29 Put
INTC 18 Put
MOS 23.5 Put
OXY 52 Put
PARA 10 Put
SOXL 19 Put
WYNN 65 Put
ALB 70/73 Bull Put Spread
BOIL 11 Covered Call
BOIL 11.5 Covered Call
CLF 17.5 Covered Calls
COP 99/105 Bull Put Spread
INTC 19 Diagonal Put
SOXL 25/30/35/40 Iron Condor
SOXL 54 Covered Call
SPY 515/5190 Bull Put Spread
SPY 515/521 Bull Put Spread
SPY 525 Diagonal Put
SPY 541/537 Bear Call Spread
SPY 541/535 Bear Call Spread
UPS 120/123 Bull Put Spread
UPS 121/124 Bull Put Spread
UPS 121/125 Bull Put Spread
VFC 19/17.5 Bear Call Spread
VXX 47.5/51 Bull Put Spread
VXX 72 Diagonal Call
VXX 75 Diagonal Call
VXX 80 Diagonal Call
ASSIGNMENTS:
VFC 15.0 Covered Call
INTC 28 and 29 Puts (on Thurs and sold the stock for a loss)
SOXL 49 and 50 Puts (on Thurs – Writing covered Calls)
New VXX Calls
Sold 1 VXX 08/16/2024 82/72 Bear Call Spread at $0.53 Credit
The spike high after the temper tantrum on Monday of VXX was $71.80 on 08/07
VXX Call Rollout
Rolled 1 VXX 08/19/2024 90/56 Bear Call Spread out to 1 VXX 08/16/2024 89/57 Bear Call Spread at $0.21 Credit
My VXX short 72 and 80 Calls should expire
SPY Trades
Sold 1 SPY 08/09/2024 519.0 Put at $0.31
Bought 1 SPY 08/12/2024 500.0 Put / Sold 1 SPY 08/09/2024 521.0 Put for a $0.31 Diagonal Credit
Bought 1 SPY 08/12/2024 545.0 Call / Sold 1 SPY 08/09/2024 537.0 Call for a $0.24 Diagonal Credit
SPY Expiration
1 SPY 08/28/2024 500/519 Bull Put Spread
1 SPY 08/08/2024 516/519 Bull Put Spread
1 SPY 08/08/2024 518/520 Bull Put Spread
1 SPY 08/08/2024 520.0 Diagonal Put
1 SPY 08/08/2024 532.0 Diagonal Call
1 SPY 08/08/2024 533.0 Diagonal Call
SPY Calls
Bought 1 SPY 08/09/2024 541.00 Call / Sold 1 SPY 08/08/2024 532.00 Call for a $0.40 Diagonal Credit
Bought 1 SPY 08/09/2024 541.00 Call / Sold 1 SPY 08/08/2024 533.00 Call for a $0.20 Diagonal Credit
VXX Long term Puts
Bought VXX Jan 17 2025 23.0 Puts at $0.15
#VXXContango
SOXL VFC Calls – VXX Puts
Sold SOXL 40/35 Bear Call Spreads at $0.21 and $0.26 Credit
Bought 1 VFC 08/23/2024 22.5 Call / Sold 1 VFC 08/09/2024 19.0 Call for a $0.14 Diagonal Credit
Sold VXX 08/09/2024 47.5/51 Bull Put Spread at $0.14 Credit
SPY Expiration
1 SPY 08/06/2024 520 Put
1 SPY 08/06/2024 519 Put
1 SPY 08/06/2024 485/495 Bull Put Spread
SOXL roll and ALB TQQQ Spreads
Sold to close 1 SOXL 08/09/2024 30.0 Put at $1.75. Bought at $0.46 on 7/26
Bought to open 1 SOXL 08/16/2024 23.0 Put at $0.65 for a diagonal credit of $1.10
Sold 1 ALB 70/73 Bull Put Spread at $0.14 Credit
Sold 1 TQQQ 69.5/64 Bear Call Spread at $0.23 Credit
#EveryLittleBitHelps
INTC Diagonal Put
Bought 1 INTC 08/16/24 16 Put @ 0.04 / Sold 1 INTC 08/09/24 19 Put @ 0.20 for a $0.16 Credit
#EveryLittleBitHelps
SPY Expiration
1 SPY 08/05/2024 495/500 Bull Put Spread – Sold this morning at $0.50
SPY Puts
Sold 1 SPY 08/06/2024 485/495 Bull Put Spread at $0.28 Credit
#EveryLittleBitHelps
Schwab
Down all morning
keeping me out of trouble 🙂
More opening activity
Sold 1 SPY 08/05/2024 495/500 Bull Put Spread at $0.50 Credit
Sold 1 TQQQ 08/09/2024 40/45 Bull Put Spread at $1.24 Credit
Sold 1 UPS 08/09/2024 125 Put at $1.37
Sold 1 UPS 08/09/2024 124 Put at $1.24
Sold 1 UPS 08/09/2024 123 Put at $1.10
Sold 1 CVS 08/09/2024 70 Covered Call at $0.19
Sold 1 CVS 08/09/2024 71 Covered Call at $0.13
Sold 1 TQQQ 08/09/2024 71 Covered Call at $0.12
Sold 1 SOXL 08/23/2024 60/56 Bear Call Spread at $0.18 Credit
Bought 1 SOXL 08/16/2024 16 Put / Sold 1 SOXL 08/09/2024 24 Put for a Diagonal Credit of $0.68
Bought 1 VFC 08/16/2024 21 Call / Sold 1 VFC 08/09/2024 17.5 Call for a Diagonal Credit of $0.16
Active opening
Sold 1 SOXL Aug 09 2024 54 Covered Call at $0.06
Sold 1 PARA Aug 09 2024 10 Put at $0.06
Sold 1 HAL Aug 09 2024 29 Put at $0.08
Sold 1 LVS Aug 09 2024 33 Put at $0.11
Sold 1 EQT Aug 09 2024 28 Put at $0.12
Sold 1 MOS Aug 09 2024 23.5 Put at $0.26
Sold 1 AAL Aug 09 2024 9 Put at $0.27
Sold 1 ALB Aug 09 2024 73 Put at $0.44
Sold 1 OXY Aug 09 2024 52 Put at $0.78
Sold 1 WYNN Aug 09 2024 65 Put at $1.20
Bought tiny bits of INTC at $20.21 and $20.00
Sold a tiny bit of TSN at $62.62
Sold half my remaining VXX stock at $86.15 in the pre-market
OptionsExpiration
After several panic rollouts (VXX Calls plus INTC, SOXL, SPY Puts) here is what I had left:
Expirations:
CLF 17.5 Covered Calls
CVS 67.0 Covered Calls
FCX 46.5 Covered Call
SBUX 84.0 Covered Call
SOXL 54.0 Covered Call
SOXL 26.0 Short Put
SOXS 20.5 Short Put
TQQQ 55.0 Short Put
WYNN 74.0 Short Put
ALB 77/84 Bull Put Spread
FCX 49/47 Bear Call Spread
NVDA 80/90 Bull Put Spread
SBUX 88/85 Bear Call Spread
SCHW 72/69 Bear Call Spread
SOXL 55/50 Bear Call Spread
SOXL 56/51 Bear Call Spread
TQQQ 77/74 Bear Call Spread
TQQQ 77.5/74.5 Bear Call Spread
UPS 115/123 Bull Put Spread
UPS 115/124 Bull Put Spread
UPS 115/126 Bull Put Spread
UPS 120/126 Bull Put Spread
UPS 127 Diagonal Put
Assignments:
1 TQQQ 71.0 Put (assigned last night)
At least I was able to sell the long 60.0 Put at $2.14 this morning.
Options Bistro 