Author Archives: Option Iceman
BMY after hours
Despite closing at 44.94, I got a tiny fill on BMY at $43.00 after hours.
OptionsExpiration
Another active #Earnings driven week, That’s about done for this quarter.
Spreads:
AKAM 78/83 Bull Put Spread
CAVA 66/71/81/85 Iron Condor
CMG 3120/3140 Bull Put Spread
DIS 98/103 Bull Put Spread
HIMS 19.5/15.5 Bear Call Spread
HIMS 19/15 Bear Call Spread
HIMS 18.5/14.5 Bear Call Spread
NUE 167.5/172.5 Bull Put Spreads
NUE 175 Diagonal Call
PLTR 16/20/29/33 Iron Condor
SBUX 70/71 Bull Put Spread
SBUX 71 Diagonal Put
SHOP 53/57 Bull Put Spread
SHOP 52/56 Bull Put Spread
UPS 160/148 Bear Call Spreads
UPS 144 Diagonal Put
VXX 18/13 Bear Call Spread
VXX 22/16 Bear Call Spreads
WYNN 86/91 Bull Put Spread
Covered Calls:
BOIL 16.5 Call
CVS 59 Call
CVS 60 Call
GILD 69 Call
SBUX 80 Call
VXX 13 Calls
Assignments:
CLF 19.5 Put
SPY Expiration
1 SPY 05/10/2024 516/519 Bull Put Spread – sold today at $0.30
CLF Put
Bought to close 1 CLF May 10 2024 17.5 Put at $0.01. Sold on a roll last week at $0.67
Starting a new SPY Put Ladder
Sold 1 SPY 05/10/2024 516/519 Bull Put Spread at $0.30 Credit
Sold 1 SPY 05/13/2024 513/517 Bull Put Spread at $0.34 Credit
Sold 1 SPY 05/14/2024 510/515 Bull Put Spread at $0.32 Credit (paired with the calls sold yesterday)
Markets today
SPY Expiration
1 SPY 05/09/2024 490/495 Bull Put Spread – sold at $0.40
1 SPY 05/09/2024 470/480 Bull Put Spread – sold at $0.60
These are the last of my SPY Puts
I need to reload
SPY Calls
Sold 1 SPY 05/14/2024 526/523 Bear Call Spread at $0.59 Credit
BMY Covered Call Ladder
Sold 1 BMY May 31 2024 47.0 Covered Call at $0.18
Sold 1 BMY May 24 2024 46.5 Covered Call at $0.14
Sold 1 BMY May 17 2024 46.0 Covered Call at $0.09
#EveryLittleBitHelps
AKAM Puts
Sold 1 AKAM May 10 2024 78/83 Bull Put Spread at $0.27 Credit
#Earning tonight
CMG Puts
Sold 1 CMG May 10 2024 3120/3140 Bull Put Spread at $1.36 Credit
Paired off with short call spread sold on Monday
AKAM SONY TRIP small Puts
Sold 1 AKAM May 10 2024 78 Put at $0.10
Sold 1 SONY May 10 2024 74 Put at $0.10
Sold 1 TRIP May 10 2024 17 Put at $0.10
SPY Expiration
1 SPY 05/08/2024 470/480 Bull Put Spread – sold at $0.55
SBUX Covered Call
Sold 1 SBUX May 17 2024 77 Call at $0.23
SHOP Puts
Sold 1 SHOP May 10 2024 53/57 Bull Put Spread at $0.29 Credit
Sold 1 SHOP May 10 2024 52/56 Bull Put Spread at $0.17 Credit
#PostEarnings
SPY QQQ Expiration
1 SPY 05/07/2024 480/485 Bull Put Spread – sold at $0.53
1 QQQ May 07/2024 405/415 Bull Put Spread – rolled down to this May 1st
WYNN Puts
Sold 1 WYNN May 10 2024 86/91 Bull Put Spread at $0.25 Credit
#Earnings tonight
SBUX Diagonal Puts
Bought 1 SBUX May 17 2024 66 Put / Sold 1 SBUX May 10 2024 71.0 Put for a diagonal credit of $0.22.
UPS Diagonal Puts
Bought 1 UPS 05/17/2024 139 Put / Sold 1 UPS 05/10/2024 144 Put at $$0.41 Credit
CAVA DIS Put Spreads
Sold 1 CAVA 05/10/2024 66/70 Bull Put Spread at $0.41 Credit
Sold 1 DIS 05/10/2024 98/103 Bull Put Spread at $0.31 Credit
DIS is #PostEarnings
SPY Expiration
1 SPY 05/06/2024 491/496 Bull Put Spread – sold at $0.32
1 SPY 05/06/2024 489/494 Bull Put Spread – sold at $0.35
1 SPY 05/06/2024 480/485 Bull Put Spread – sold at $0.49
SBUX Diagonal Puts
Bought 1 SBUX May 17 2024 67.5 Put / Sold 1 SBUX May 10 2024 72.0 Put for a diagonal credit of $0.26.
HIMS Call Spread
Sold 1 HIMS 19.5/15.5 Bear Call Spread at $0.28 Credit
#Earnings
PLTR Iron Condor
Sold 1 PLTR May 10 2024 16/20/29/33 Iron Condor at S0.58 Credit
Off topic
https://www.cnbc.com/2024/05/06/renters-hopes-of-being-able-to-buy-a-home-have-fallen-to-a-record-low-new-york-fed-survey-shows.html
NY FED: FEB. YEAR-AHEAD EXPECTED RENT CLIMB AT 9.7% VS. FEB. 2023’S 8.2%
NY FED: EXPECTED YEAR-AHEAD RENT CLIMB SECOND HIGHEST IN SURVEY HISTORY
BMY CVS GILD SBUX Covered Calls
Sold 1 BMY May 10 2024 45.5 Covered Call at $0.09
Sold CVS May 10 2024 59.0 Covered Calls at $0.06 and $0.07
Sold 1 GILD May 17 2024 69.0 Covered Call at $0.07
Sold 1 SBUX May 10 2024 77.0 Covered Call at $0.09
Sold 1 SBUX May 10 2024 80.0 Covered Call at $0.07
#EveryLittleBitHelps
SPY Call Rollup
On April 26th I rolled a VERY old SPY 04/26/2024 520/505 Bear Call Spread to 1 SPY 05/06/2024 520/510 Bear Call Spread at $0.14 Credit.
Now I’m rolling again:
Rolled 1 SPY 05/06/2024 520/510 Bear Call Spread to 1 SPY 05/20/2024 530/515 Bear Call Spread at $0.16 Credit.
Pushed the short Call back out of the money for now.
CMG Diagonal Call
Bought 1 CMG May 17 2024 3,300 Call / Sold 1 CMG May 10 2024 3,200 Call at $6.70 Credit
VXX Long term diagonal Put
Bought 1 VXX Jan 17 2025 5 Put / Sold 1 VXX May 10 2024 125 Put at $0.09 Credit
Hoping to pick up another free long position by Friday
#VXXContango
This week’s earnings
OptionsExpiration
Another earning driven week. Huge declines in SBUX, CVS and BMY caused me to take some stock
Spreads:
SPY 485/490 Bull Put Spread
SPY 489/494 Bull Put Spread
SPY 492/497 Bull Put Spread
AMD 135/140 Bull Put Spread
BMY 41/43.5 Bull Put Spread
CMG 3035/3045 Bull Put Spread
CMG 3040/3050 Bull Put Spread
COIN 180/185/285/290 Short Iron Condor
CVNA 55/60 Bull Put Spread
DJT 60/55 Bear Call Spread
DJT 70/65 Bear Call Spread
EBAY 44/48 Bull Put Spread
HSY 170/175 Bull Put Spread
MGM 34/38 Bull Put Spread
MMM 80/85 Bull Put Spread
QQQ 411/416 Bull Put Spread
UPS 125/133 Bull Put Spread
UPS 139/143 Bull Put Spread
UPS 139/144 Bull Put Spread
UPS 160/152.5 Bear Call Spread
UVXY 50/40 Bear Call Spread
VXX 18/14 Bear Call Spreads
VXX 21/17.5 Bear Call Spreads
Covered Calls:
BMY 45 Call
BOIL 15.5 Call
CVS 57 Call
GILD 69 Cal
SBUX 90 Call
VFC 13.5 Call
VXX 13.5 Call
VXX 14.5 Calls
Assignments:
SBUX 82, 80 and 77 Puts – Div = 3.0%
CVS 64 and 60 Puts – Div = 4.8%
BMY 47.5 Put – Div = 5.5%
CMG Diagonal Call closed
Closed 1 CMG May 10 2024 3420 / CMG May 03 2024 3320 Diagonal Bear Call Spread at $0.17 Credit
Sold the spread on Monday at $2.75 Credit.
So a #WinWin
QQQ Puts Closed
Bought to close 1 QQQ May 06 2024 406/411 Bull Put Spread at $0.01 – sold Wednesday at $0.38
SPY and QQQ Expiration
1 SPY 05/02/2024 493/498 Bull Put Spread – Sold on Tuesday at $0.23
1 SPY 05/02/2024 485/490 Bull Put Spread – Sold Apr 24th at $0.38
1 SPY 05/02/2024 524/519 Bear Call Spread – Sold Apr 26th at $0.46
1 QQQ 05/02/2024 417/422 Bull Put Spread – Sold on Monday at $0.52
COIN Iron Condor
Sold 1 COIN May 03 2024 180/185 Bull Put Spread at $0.24 Credit
Sold 1 COIN May 03 2024 285/290 Bear Call Spread at $0.22 Credit
Thanks @geewhiz112 for the idea
SBUX Diagonal Closed
Closed 1 SBUX May 10 2024 65.0 / SBUX May 03 2024 71.0 diagonal Put spread at $.01 – sold yesterday at $0.32
SPY Expiration
1 SPY 05/01/2024 524/519 Bear Call Spread – sold Monday at $0.15
1 SPY 05/01/2024 485/490 Bull Put Spread – Sold last Wednesday at $0.28
QQQ Put Spreads
Sold 1 QQQ May 03 2024 411/416 Bull Put Spread at $0.38 Credit
Sold 1 QQQ May 06 2024 406/411 Bull Put Spread at $0.38 Credit
SBUX CVS Put Spreads
Post earnings
Bought 1 SBUX May 10 2024 65.0 Put / Sold 1 SBUX May 03 2024 71.0 Put at $0.32 Diagonal Credit.
Rolled down the long side of my SBUX 75/80 Bull Put Spread to the May 10 2024 70 Put at $1.90 Credit
Rolled down the long side of my CVS 60/64 Bull Put Spread to the May 10 2024 55 Put at $3.61 Credit
CMG Puts
Sold 1 CMG 05/03/2024 3035/3045 Bull Put Spread at $0.55 Credit
AMZN Puts Closed
Bought to close 1 AMZN May 03 2024 152.5/157.5 Bull Put Spread at $0.01.
Sold Monday at $0.37
SPY Expiration
1 SPY 04/30/2024 490/495 Bull Put Spread – sold last Wednesday at $0.44
BMY CVNA CZR PARA TFC VFC WBA Small Puts
Sold 1 BMY May 03 2024 43 Put at $0.06
Sold 1 CVNA May 03 2024 51 Put at $0.36 (filled here when the bid was $0.10)
Sold 1 CZR May 03 2024 32.5 Put at $0.06
Sold 1 PARA May 03 2024 11 Put at $0.12
Sold 1 TFC May 03 2024 36 Put at $0.06
Sold 1 VFC May 03 2024 12 Put at $0.06
Sold 1 WBA May 03 2024 17 Put at $0.06
CMG CVNA CVS EBAY MGM SBUX UPS Puts
Sold 1 CMG 05/03/2024 3040/3050 Bull Put Spread at $0.50 Credit
Sold 1 CVNA 05/03/2024 55/60 Bull Put Spread at $0.30 Credit
Sold 1 CVS 05/03/2024 60/64 Bull Put Spread at $0.36 Credit
Sold 1 EBAY 05/03/2024 44/48 Bull Put Spread at $0.26 Credit
Sold 1 MGM 05/03/2024 34/38 Bull Put Spread at $0.23 Credit
Sold 1 SBUX 05/03/2024 75/80 Bull Put Spread at $0.29 Credit
Sold 1 UPS 05/03/2024 139/143 Bull Put Spread at $0.17 Credit
DJT Calls
Sold 1 DJT 05/03/2024 60/55 Bear Call Spread at $0.56 Credit
Sold 1 DJT 05/03/2024 70/65 Bear Call Spread at $0.23 Credit
Had to do these trades at Schwab because Fidelity won’t let you sell any DJT calls without owning the stock
SPY Puts
Extending my Put Ladder
SPY 05/02/2024 493/498 Bull Put Spread at $0.23 Credit – too early
SPY 05/03/2024 492/497 Bull Put Spread at $0.33 Credit – too early
SPY 05/06/2024 491/496 Bull Put Spread at $0.32 Credit – too early
SPY 05/03/2024 489/494 Bull Put Spread at $0.25 Credit
SPY 05/06/2024 489/494 Bull Put Spread at $0.35 Credit
SPY 05/09/2024 490/495 Bull Put Spread at $0.40 Credit
SPY Expiration
1 Sold 1 SPY 04/29/2024 490/495 Bull Put Spread – sold last Wednesday at $0.33
New SPY Calls
Sold 1 SPY 05/01/2024 524/519 Bear Call Spread at $0.15 Credit
Paired with another of my positions in my SPY Put Ladder
AMZN CVS HSY Puts
Sold 1 AMZN May 03 2024 152.5/157.5 Bull Put Spread at $0.37
Sold 1 CVS May 03 2024 59/64 Bull Put Spread at $0.37
Sold 1 HSY May 03 2024 170/175 Bull Put Spread at $0.30
UPS Calls
Sold 1 UPS May 03 2024 160/152.5 Bear Call Spread at $0.49
CMG Diagonal Call
Bought 1 CMG May 10 2024 3420 Call / Sold 1 CMG May 03 2024 3320 Call at $2.75 Credit
AMD MMM QQQ SBUX UPS Put Spreads
Sold 1 AMD May 03 2024 135/140 Bull Put Spread at $0.56
Sold 1 MMM May 03 2024 80/85 Bull Put Spread at $0.30
Sold 1 SBUX May 03 2024 72/82 Bull Put Spread at $0.60
Sold 1 UPS May 03 2024 139/144 Bull Put Spread at $0.27
Sold 1 QQQ May 01 2024 418/423 Bull Put Spread at $0.55
Sold 1 QQQ May 02 2024 417/422 Bull Put Spread at $0.52
#OnlySpreads
GILD Covered Calls
Sold 1 GILD May 03 2024 69 Covered Call at $0.07
Sold 1 GILD May 10 2024 69 Covered Call at $0.14
Against stock put to me Friday
AAP BMY CVS INTC PFE SBUX Small Puts
Sold 1 AAP May 03 2024 68 Put at $0.12
Sold 1 BMY May 03 2024 43.5 Puts at $0.10 and $0.12
Sold 1 CVS May 03 2024 60 Put at $0.07
Sold 1 INTC May 03 2024 30 Put at $0.06
Sold 1 PFE May 03 2024 24 Put at $0.06
Sold 1 SBUX May 03 2024 77 Put at $0.13
#EveryLittleBitHelps
Off topic – from Twitter
Saturday morning stock screener 🤓
Criteria:
1) Revenue growth expected to be 20% or higher for the next 3 years (CY2024, CY2025, CY2026)
2) EBITDA growth expected to be 20% or higher for the next 3 years (CY2024, CY2025, CY2026)
3) Market cap above $1 billion
Results:
$AXON $CELH $CRWD $CYBR $DUOL $FLYW $FOUR $FROG $FRPT $GLBE $GTLB $HIMS $INSP $IOT $KKR $KVYO $MELI $NOW $ONON $RKT $SHOP $SPT $TMDX $TOST $TTD
Earnings 4/29 – 5/3
OptionsExpiration
Another big week, heavy with Earnings plays
Cash Covered Puts
AGNC 8.5 Put
BIIB 175 Put
BMY 43.5 Put
EQT 35.5 Put
GILD 61 Put
INTC 30.5 Put
STX 75 Put
T 15.5 Puts
VZ 37 Put
WBA 17.5 Put
Credit Spreads
SPY 481/491 Bull Put Spread
SPY 490/495 Bull Put Spread
AAPL 155/160 Bull Put Spread
BA 150/155 Bull Put Spread
BMY 43/44 Bull Put Spread
BMY 42.5/44.5 Bull Put Spread
BIIB 175/200 Bull Put Spreads
BIIB 185/190 Bull Put Spread
BIIB 178.5/197.5 Bull Put Spread
CMG 3110/300 Bear Call Spread
CMG 3210/3200 Bear Call Spread
CZR 32/36 Bull Put Spread
GILD 59/64 Bull Put Spread
GILD 59/63 Bull Put Spread
META 475/470/397.5/392.5 Iron Condor Spread
META 477.5/472.5/397.5/392.5 Iron Condor Spread
MSFT 355/360 Bull Put Spread
NUE 167.5/172.5 Bull Put Spread
ON 52/57 Bull Put Spread
ON 50/55 Bull Put Spread
PEP 162.5/167.5 Bull Put Spread
PEP 162.5/165 Bull Put Spread
TSLA 100/105 Bull Put Spread
UPS 135/140 Bull Put Spread
UPS 160/155 Bear Call Spread
UPS 165/157.5 Bear Call Spread
UVXY 50/40 Bear Call Spreads
UVXY2 14/8.5 Bear Call Spreads
VXX 18/14 Bear Call Spreads
VXX 19.5/17 Bear Call Spreads
VXX 21/17.5 Bear Call Spreads
Covered Calls
BOIL 16 Call
UVXY2 7.5 Calls
VFC 13.5 Call
VXX Call
WBA 19 Call
Assignments
SOXL 32 Covered Call
BMY 47 Put (early assignment last night)
GILD 69 Put (could not roll for a credit)
GILD 68 Put (could not roll for a credit)
SBUX Covered Call Rollup
Bough to close 1 SBUX Apr 26 2024 88.0 Covered Call/ Sold 1 SBUX May 03 90.0 Call at $1.85 Credit
#Earnings next week… so the big premium
New SPY Calls
Sold 1 SPY 05/02/2024 524/519 Bear Call Spread at $0.46 Credit
Paired with one position in my Put Ladder
SPY Call Rollup
Rolled a VERY old SPY 04/26/2024 520/505 Bear Call Spread to 1 SPY 05/06/2024 520/510 Bear Call Spread at $0.14 Credit.
Increased the short side 5 points to lower the spread risk and to take the short back out of the money.
This will balance out a portion of my SPY Put Ladder
SPY Expiration
1 SPY Apr 25 2024 481/491 Bull Put Spread -sold on Monday at $0.53
MSFT Puts
Sold 1 MSFT Apr 26 2024 355/360 Bull Put Spread at $0.37 Credit
#Earnings tonight
BMY GILD INTC small puts
First bought to close 1 NEM Apr 26 2024 35.0 Put at $0.01
and bought to close 1 TSLA Apr 26 2024 85.0 Put at $0.01.
With the released buying power:
Sold 1 BMY Apr 26 2024 43.5 Put at $0.07
Sold 1 GILD Apr 26 2024 61.0 Put at $0.07
Sold 1 INTC Apr 26 2024 30.5 Put at $0.08.
All expire tomorrow
#EveryLittleBitHelps
CMG META Call Spreads
Sold 1 CMG Apr 26 2024 3310/3300 Bear Call Spread at $0.30 Credit
Sold 1 META Apr 26 2024 477.5/472.5 Bear Call Spread at $0.15 Credit
Post Earnings and expires tomorrow
SPY Put Spreads
Extending my Put Ladder
Sold 1 SPY 05/06/2024 480/485 Bull Put Spread at $0.49 Credit
Sold 1 SPY 05/07/2024 480/485 Bull Put Spread at $0.53 Credit
Sold 1 SPY 05/08/2024 470/480 Bull Put Spread at $0.55 Credit
Sold 1 SPY 05/09/2024 470/480 Bull Put Spread at $0.60 Credit
SPY Expiration
1 SPY Apr 24 2024 482/492 Bull Put Spread – sold on Monday at $0.36
CMG Call Spreads
Sold 1 CMG Apr 26 2024 3110/3100 Bear Call Spread at $2.07 Credit
Sold 1 CMG Apr 26 2024 3210/3200 Bear Call Spread at $1.00 Credit
#Earnings tonight
SPY Puts
Adding to my put Ladder
Sold 1 SPY 04/26/2024 490/495 Bull Put Spread at $0.22 Credit
Sold 1 SPY 04/29/2024 490/495 Bull Put Spread at $0.33 Credit
Sold 1 SPY 04/30/2024 490/495 Bull Put Spread at $0.44 Credit
Sold 1 SPY 05/01/2024 485/490 Bull Put Spread at $0.28 Credit
Sold 1 SPY 05/02/2024 485/490 Bull Put Spread at $0.38 Credit
Sold 1 SPY 05/03/2024 485/490 Bull Put Spread at $0.48 Credit
BMY GILD PEP Put Spreads
Sold 1 BMY Apr 26 2024 43/47 Bull Put Spread at $0.21 Credit
Sold 1 GILD Apr 26 2024 60/64 Bull Put Spread at $0.19 Credit
Sold 1 PEP Apr 26 2024 162.5/165 Bull Put Spread at $0.15 Credit
SPY Expiration
1 SPY Apr 23 2024 483/493 Bull Put Spread – sold yesterday at $0.14
1 SPY Apr 23 2024 484/494 Bull Put Spread – sold last Weds at $0.72
1 SPY Apr 23 2024 485/495 Bull Put Spread – sold on Apr 15 at $0.27
BMY GILD Put Spreads
Sold 1 BMY Apr 26 2024 42.5/47.5 Bull Put Spread at $0.23 Credit
Sold 1 GILD Apr 26 2024 60/65 Bull Put Spread at $0.31 Credit
CLF NUE VXX Diagonal Puts
Bought 1 CLF May 03 2024 16 Put / Sold 1 CLF Apr 26 2024 18.5 Put at $0.13 Credit
Bought 1 NUE May 03 2024 170 Put / Sold 1 NUE Apr 26 2024 175 Put at $0.28 Credit
VXX Long Term
Bought VXX Jan 17 2025 5.0 Puts / Sold VXX Apr 26 13.5 Puts at $0.03 and $0.04 Credit
(trying to add free long term puts to my current position)
#VXXContango
AGNC BIIB EQT STX T TSLA VXX VZ WBA – small puts
Sold 1 AGNC Apr 26 2024 8.5 Put at $0.06
Sold 1 BIIB Apr 26 2024 175 Put at $0.45
Sold 1 EQT Apr 26 2024 35.5 Put at $0.10
Sold 1 STX Apr 26 2024 85 Put at $0.15
Sold 1 T Apr 26 2024 15.5 Put at $0.08
Sold 1 TSLA Apr 26 2024 85 Put at $0.07
Sold 1 VXX Apr 26 2024 13 Put at $0.04
Sold 1 VZ Apr 26 2024 37 Put at $0.07
Sold 1 WBA Apr 26 2024 17.5 Put at $0.08
#EveryLittleBitHelps
SPY Puts – New ladder
Just after the close
Sold 1 SPY Apr 23 2024 483/493 Bull Put Spread at $0.14 Credit
Sold 1 SPY Apr 24 2024 482/492 Bull Put Spread at $0.36 Credit
Sold 1 SPY Apr 25 2024 481/491 Bull Put Spread at $0.53 Credit
Sold 1 SPY Apr 26 2024 481/491 Bull Put Spread at $0.77 Credit
Options Bistro 