SPY Roll

Bought to close 1 SPY 07/02/2020 303.0 Call / Sold 1 SPY 07/10/2020 304.0 Call @ 0.10 Credit plus a 1 point improvement in the short strike.
This got too far ITM for a better roll today.

#SPYLadder

VXX Calls

Bought to close VXX 07/02/2020 41.0 Calls @ 0.01. Sold these last Friday @ 1.52

TSLA

Up 100 points pre-market on June deliveries number
Over 1200 now

Tesla Says It Delivered 90,650 Vehicles In Q2, Beating Estimates
…production was down 20% Q/Q, however…
#CrazyTown

SPY New diagonal

Bought to open 1 SPY 09/30/2020 335.0 Call / Sold 1 SPY 07/10/2020 312.0 Call @ 0.12 Credit
I’m thinking that the market is again overbought with the SPY at 311.75.

The long has 91 DTE and the short has 9 DTE and is out of the money

TSLA

Toyota just announced a 27% drop in June sales vs last year.

Tesla Surpasses Toyota, Becomes World’s Most Valuable Automaker

Up 50 to 1130

#CrazyTown again

AAL UAL DAL etc.

IATA – May Passenger Demand Shows Slight Improvement IATA announced that passenger demand in May (measured in revenue passenger kilometers or RPKs), dropped 91.3% compared to May 2019.

SPY Rolls

Bought to close 07/01/2020 304.0 Call / Sold 07/08/2020 306.0 Call @ 0.32 Credit plus a 2 point bump in the short strike.
Bought to close 07/01/2020 303.0 Call / Sold 07/08/2020 305.0 Call @ 0.30 Credit plus a 2 point bump in the short strike.
#SPYLadder

Markets

btfd

SQQQ

Buy Write
Bought 100 SQQQ / Sold 1 SQQQ 07/17/2020 8.50 Covered Call @ 7.27 Net debit.
The all time low on the stock was 7.30 about a week ago.

/GC

Gold Smashes Above $1800 For First Time Since 2011