Bought to close BOIL Dec 01 2023 36.0 Puts at $0.05
Replaced them with 1 short BOIL Dec 08 2023 35.0 Put at 1.55
#OnlySpreads
Author Archives: Option Iceman
SPY Calls today
Sold SPY Dec 01 2023 460.0 Diagonal Calls at $0.12, $0.20 and $0.29
Crazy strong market
FIDELITY is DOWN
“Sorry, we have run into a small problem.
Don’t worry, it’s nothing you did, just a minor system error on our end. We’re working on it and hope to have it resolved soon.”
BOIL Puts
Bought to close BOIL Dec 01 2023 34 Puts at $0.05
SPY Expiration
SPY Nov 30 2023 462/458 Bear Call Spread
SPY Nov 30 2023 445/451 Bull Put Spread
#OnlySpreads
SPY Expiration
SPY Nov 29 2023 459 Calls sold today
SPY Nov 29 2023 457 Calls sold yesterday
#OnlySpreads
SNOW Condor
Added one more condor with the strikes a bit higher than my first one:
Sold 1 SNOW Dec 01 2023 210/205/148/143 Iron Condor at $0.63 Credit
#Earnings #OnlySpreads
Today’s options
Sold SPY Nov 29 2023 459 Calls at $0.23 and $0.35
Sold 1 COF Dec 01 2023 111 Call at $0.45
Sold 1 BOIL Dec 01 2023 34 Put at $0.50
Sold 1 ENPH Dec 01 2023 107 Call at $0.52
Sold 1 EXPE Dec 01 2023 140 Call at $0.76
Stocks
Taking small gains.
Sold CCI at $114.67
Sold TGT at $132.36
Sold SCHD at $71.89
#GoingToCash
SPY Expiration
SPY Nov 28 2023 456.0 Calls sold yesterday at $0.34, $0.35, $0.37 and $0.42
1 SPY Nov 28 2023 457.0 Call sold yesterday at $0.17
1 SPY Nov 28 2023 449/452 Bull Put spread sold at $0.13 Credit
Today’s options
Sold BOIL Dec 01 2023 34 Puts at $0.37 and $0.57
Sold 1 COF Dec 01 2023 109 Call at $0.50
Sold 1 GNRC Dec 01 2023 117 Call at $0.60
Sold 1 DLTR Dec 01 2023 102 Put at $0.70
Sold COF Dec 01 2023 107 Calls at $0.97 and $1.09
Sold 1 DG Dec 01 2023 128 Call at $2.15
#OnlySpreads
VIX
Another 52-week low in the VIX today
NO FEAR in this market
SPY Expiration
SPY Nov 27 2023 456 Calls sold earlier today
Other Short Options this week
1 EXPE Dec 01 2023 138 Call at $1.21
1 DLTR Dec 01 2023 132 Call at $1.18
1 BOIL Dec 01 2023 37 Put at $1.09
1 TGT Dec 01 2023 133 Call at $0.91
1 BOIL Dec 01 2023 36.5 Put at $0.90
1 EXPE Dec 01 2023 139 Call at $0.85
1 DG Dec 01 2023 130 Call at $0.82
BOIL Dec 01 2023 36 Puts at $0.75, $0.76 and $0.80
1 QCOM Dec 01 2023 129 Call at $0.72
1 ETSY Dec 01 2023 78 Call at $0.67
1 TGT Dec 01 2023 128 Put at $0.55
1 GNRC Dec 01 2023 107 Put at $0.43
1 KR Dec 01 2023 42 Put at $0.34
1 QCOM Dec 01 2023 131 Call at $0.33
1 EXPE Dec 01 2023 130 Put at $0.25
And for today
SPY Nov 27 2023 456 Calls at $0.13 and $0.16
SNOW Condor
Sold 1 SNOW Dec 01 2023 200/195/147/142 Iron Condor at $0.77 Credit
#Earnings #OnlySpreads
Thanks for the idea @fuzzballl
MMM
Sold a tiny bit more of MMM at $96.91.
#FormerFallingKnife
This Week’s Puts
All high probability of expiration
BMY Dec 01 2023 48 Put at $0.08
MRK Dec 01 2023 98 Put at $0.09
BOIL Dec 01 2023 31 Put at $0.10
HRL Dec 01 2023 30 Put at $0.10
NTAP Dec 01 2023 70 Put at $0.25
DLTR Dec 01 2023 99 Put at $0.33
OptionsExpiration
1 CMA Nov 24 2023 43 Put
1 AAP Nov 24 2023 47 Put
1 CVS Nov 24 2023 67 Put
1 USB Nov 24 2023 36.5 Put
1 HPQ Nov 24 2023 25.5 Put
1 JWN Nov 24 2023 12.5 Put
1 CVS Nov 24 2023 73.0 Covered Call
1 NVDA Nov 24 2023 445/450/545/550 Short Iron Condor
1 SPY Nov 24 2023 457 Diagonal Call
Assignments:
DG 118 Covered Calls
TINY Gains
Sold tiny bits of all these:
MTB at $126.01
PNC at $128.90
UPS at $151.88
MMM at $95.60
#FormerFallingKnife #GettingToCash
SPY Rolls and Expiration
Rolled 1 SPY Nov 21 2023 455 Call to 1 SPY Nov 22 2023 456 Call at $0.37 Credit
Rolled 1 SPY Nov 21 2023 456 Call to 1 SPY Nov 22 2023 457 Call at $0.21 Credit
Some short SPY Nov 21 2023 454 Calls expired wothless.
#OnlySpreads
NVDA Condor
Sold 1 NVDA Nov 24 2023 445/450/545/550 Condor at $1.41 Credit
#OnlySpreads #Earnings
JWN Put
Sold 1 JWN Nov 24 2023 12.5 Put at $0.13.
#Earnings
Earnings this week
Tiny gains
Sold more of my tiny positions in:
PARA at $13.50 and 13.75
INTC at $43.83
UPS at 148.20
GPS at $18.13
#SP500 #FormerFallingKnife
New Puts
Sold 1 CMA Nov 24 2023 43 Put at $0.15
Sold 1 AAP Nov 24 2023 47 Put at $0.15
Sold 1 CVS Nov 24 2023 67 Put at $0.19
Sold 1 USB Nov 24 2023 36.5 at $0.20
Sold 1 HPQ Nov 24 2023 25.5 Put at $0.11
OptionsExpiration
CVS 73 Covered Calls
LNC 25 Covered Call
UVXY 14 Covered Calls
WBA 22.5 Covered Calls
Bear Call Spreads expiring:
UVXY
VXX
WM
WMT
AAP
COF
PENN
Condor expiring:
NVDA
Assignments
TGT Covered Call
TSN Covered Cal
Both reversing old put assignments
NVDA Condor 1DTE
Sold 1 NVDA Nov 17 2023 505/502.50 Bear Call Spread at $0.36 Credit
Sold 1 NVDA Nov 17 2023 480/482.50 Bull Put Spread at $0.40 Credit
#Earning NEXT week
#OnlySpreads
MMM Assignment
Sold MMM at $95.00 on a Covered Call Assignment so the buyer could get the $1.50 quarterly dividend.
Not crying about it because I got the stock on an old Put assignment at $89.00.
Back to cash.
#CoveredCalls
DG Covered Call
Another week – another rollup
Bought to Close DG Nov 17 2023 117 C0vered Calls / Sold to Open DG Nov 24 2023 118 Calls at $0.25 Credit plus another point higher on the short strike.
#CoveredCalls
SPY Diagonal Condor
Bought 1 SPY Nov 17 2023 457 Call and 442 Put
Sold 1 SPY Nov 16 2023 452 Call and 447 Put all for a $0.64 Credit
#OnlySpreads
Taking gains
Lightening up on a previous #FallingKnife stocks
TSN at $48.38
SWK at $90.71
#FormerFallingKnife
Taking gains
Lightening up on some previous #FallingKnife stocks
ARE at $99.16
ARE again at $103.77
VNO at $23.05
TFC at $31.27
ZION at $34.37
ZION again at at $36.01
USB at $36.28
CMA at $44.54
BXP at $57.28
SWK at $86.80
#FormerFallingKnife
HD Put Spread
Bought to close 1 HD 11/17/2023 267.50 / 272.50 Bull Put Spread at $0.02. Sold yesterday at $0.52 prior to #Earnings
#OnlySpreads
SPY Diagonal Bear Call Spreads
Bought 1 SPY Nov 15 2023 446 Call / Sold 1 SPY Nov 14 2023 441 Call at $1.47 Credit
Bought 1 SPY Nov 15 2023 447 Call / Sold 1 SPY Nov 14 2023 442 Call at $0.70 Credit
Bought 1 SPY Nov 15 2023 448 Call / Sold 1 SPY Nov 14 2023 443 Call at $0.47 Credit
#OnlySpeads
HD Put Spread
Sold 1 HD 11/17/2023 267.50 / 272.50 Bull Put Spread at $0.52 Credit
#OnlySpreads
New Weekly Spreads
Sold 1 AAP 68/64 Bear Call Spread at $0.62 Credit
Sold 1 WM 175/172.5 Bear Call Spread at $0.65 Credit
Sold 1 WMT 180/175 Bear Call Spread at $0.37 Credit
Sold 1 QCOM 132/127 Bear Call Spread at $0.37 Credit
Sold 1 UVXY 18/13.5 Bear Call Spread at $0.22 Credit
Sold 1 TGT 90/95 Bull Put Spread at $0.38 Credit
Sold 1 TGT 125/120 Bear Call Spread at $0.43 Credit
#OnlySpreads
Puts Expiring and the replacements
Expired Friday:
DVN 42.5 Put
EBAY 36.0 Put
GM 26.0 Put
MOS 31.0 Put
TPR 24.5 Put
New Positions for this week:
AAP 46.0 Put at $0.57
BBWI 25.0 Put at $0.20
TGT 98.0 Put at $1.09
Strikes are below 52-Week Lows
TSN UVXY Covered Calls
Bought to close 1 TSN Nov 10 2023 48.0 Covered Call at $0.03
Sold to open 1 TSN Nov 17 2023 50.0 Covered Call at $0.59 plus a 2 point higher strike.
Bought to close UVXY Nov 10 2023 13.5 Covered Calls at $0.01
Sold to open UVXY Nov 17 2023 14.0 Covered Calls at $0.23 plus a $0.50 higher strike.
#CoveredCalls
Closing the spread short side
Bought to close 1 AAP 11/10/2023 57.0 Call at $0.05.
Bought to close 1 COF 11/10/2023 105.0 Call at $0.05.
Bought to close 1 COF 11/10/2023 104.0 Call at $0.05.
Bought to close 1 GNRC Nov 10 2023 105.0 Call at $0.05
Bought to close 1 GNRC Nov 10 2023 98.0 Put at $0.04
Bought to close 1 EXPE 11/10/2023 123.0 Call at $0.01
Bought to close 1 DIS 11/10/2023 91.0 Call at $0.01
Bought to close PENN 11/10/2023 24.0 Calls at $0.01
Bought to close 1 WBD 11/10/2023 9.5 Put at $0.01
Bought to close 1 WYNN 11/10/2023 97.0 Call at $0.01
Buy to close 1 SPY 11/10/2023 431.0 Put at $0.01
All these trades at contract minimums
NEM BBY Stocks
Bought a tiny bit of both below prior lows
NEM at $34.00. Div = 4.60%
BBY at $63.00. Div = 5.75%
#SP500 #FallingKnife
SPY Expiration
1 SPY 446/440 Bear Call Spread
1 SPY 426/431 Bull Put Spread
1 SPY 429/433 Bull Put Spread
#OnlySpreads
AAP COF Calls Closed
Bought to close 1 AAP Nov 10 2023 59.0 Call at $0.05. Sold on a spread roll last Friday at $0.58
Bought to close COF Nov 10 2023 107.0 Calls at $0.05. Sold on a spread roll last Friday at $0.95
#OnlySpreads
SPY Condor 1DTE
Sold 1 SPY Nov 10 2023 443/439/432/427 Iron Condor at $0.59
#OnlySpreads
TGT MMM DG Covered Calls
Bought to close 1 TGT Nov 10 2023 117.0 Covered Call at $0.01
Sold to open 1 TGT Nov 17 2023 117.0 Covered Call at $1.35.
TGT is currently at $108.20
Bought to close 1 MMM Nov 10 2023 95.0.0 Covered Call at $0.05
Sold to open 1 MMM Nov 17 2023 95.0 Covered Call at $0.30
Bought to close DG Nov 10 2023 116.0.0 Covered Calls at $3.52
Sold to open DG Nov 17 2023 117.0 Covered Calls at $4.02 for a $0.50 Credit PLUS raised the short strike another point.
SPY
I continue to roll some SPY ITM Bear Call Spreads out day by day for small credits.
Rolled 422, 424, 430 and 431 calls to tomorrow.
Sold to close some SPY Nov 08 2023 439 Long Calls at $0.24 (long side of yesterday’s diagonal Call spread)
Sold to close 1 SPY Nov 08 2023 440 Long Call at $0.19 (long side of yesterday’s diagonal Call spread)
Making a tiny bit on some Puts today:
Sold SPY Nov 08 2023 434 Puts at $0.11 and $0.12
Sold 1 SPY Nov 08 2023 435 Put at $0.20
Bought 1 SPY Nov 10 2023 428 Put / Sold 1 SPY Nov 09 2023 433 Put at $0.22 Credit
CVX Stock
Started a tiny position in CVX at $143.00, below the prior low.
Div = 4.18% and the next ex-date is only a week away
#SP500 #FallingKnife
SPY Expiration
SPY Nov 07 2023 422 Put
SPY Nov 07 2023 421/426 Bull Put Spread
SPY Nov 07 2023 443/437 Bear Call Spread
SPY Call Closed
Bought to close 1 SPY Nov 07 2023 438 Call at $0.01. Sold yesterday at $0.66
SPY Expiration
1 SPY 441/436 Bear Call Spread sold Friday at $0.61 Credit
1 SPY 419/422 Bull Put Spread
1 SPY 424 Short Put
DHI Puts
Sold 1 DHI Nov 10 2023 103/108 Bull Put spread at $0.33 Credit
#OnlySpreads
SPY 0dte Call Closed
Bought to close 1 SPY Nov 06 2023 438 Call at $0.01. Sold this morning at $0.33
Short Puts
Since I got a lot of cash back from Covered Call Assignments, I’m putting it back to work for a week.
Sold 1 WBD Nov 10 2023 10 Put at $0.08. Stock at 11.52
Sold 1 DVN Nov 10 2023 42.5 Put at $0.13. Stock at 47.05
Sold 1 TPR Nov 10 2023 24.5 Put at $0.15. Stock at 27.65
Sold 1 EBAY Nov 10 2023 36 Put at $0.18. Stock at 40.22
Sold 1 MOS Nov 10 2023 31 Put at $0.30. Sock at 33.01
CVS Covered Call
Sold 1 CVS Nov 24 2023 73 Covered Call at $0.51.
Already short 73 Calls for this week and next.
#CoveredCalls
AAPL DG Calls
Sold 1 AAPL Nov 10 2023 187.5/182.5 Bear Call Spread at $0.22 Credit
Sold 1 DG Nov 10 2023 129/124 Bear Call Spread at $0.45 Credit
#OnlySpreads
GNRC Puts
Sold 1 GNRC Nov 10 2023 93/98 Bull Put Spread Put at $0.35 Credit.
Offset against some short call spreads I had to roll out Friday.
#OnlySpreads
AAPL EXPE QCOM PENN Calls
Sold 1 AAPL Nov 10 2023 182.5 Call at $0.42
Sold 1 EXPE Nov 10 2023 115 Call at $1.29
Sold 1 EXPE Nov 10 2023 113 Call at $2.19
Sold 1 QCOM Nov 10 2023 123 Call at $0.44
Sold 1 QCOM Nov 10 2023 122 Call at $0.82.
Sold PENN Nov 10 2023 24 Calls at $0.17
All these sales against leftover long calls from last week’s spreads
#OnlySpreads
SPY Diagonal Spread and a new Condor
Bought 1 SPY Nov 08 2023 443 Call at $0.15
Sold 1 SPY Nov 06 2023 438 Call at $0.33 for a Credit of $0.18. Short side is 0dte
Sold 1 SPY Nov 07 2023 443/438/426/421 Iron Condor at $0.66 Credit
1dte
#OnlySpreads
ZION COF Calls Rolled
Rolled the long part of my spreads up and out
Sold to close 1 ZION Nov 10 2023 34.5 Call at $0.73
Bought to Open 1 ZION Nov 17 2023 36.5 Call at $0.28 for a Credit of $0.45
Sold to close 1 ZION Nov 10 2023 33.5 Call at $1.54
Bought to Open 1 ZION Nov 17 2023 36.5 Call at $0.42 for a Credit of $1.12
Sold to close COF Nov 10 2023 108 Calls at $0.75
Bought to Open COF Nov 17 2023 115 Calls at $0.12 for a Credit of $0.63
#OnlySpreads
OptionsExpiration
Covered Call Assignments:
AAP at $54.00 vs recent put assignment at $52.00
GM at $28.50 vs recent put assignment at $27.50
PARA at $12.50 vs recent put assignment at $12.00
ZION at $31.50 vs recent put assignment at $30.00
PENN at $19.50 vs recent put assignment at $18.50
AAPL EOG
Bought 1 AAPL Nov 10 2023 192.5 Call/ Sold 1 AAPL Nov 03 2023 185 Call at $0.25 Credit
Sold 1 AAPL Nov 03 2023 160/165 Bull Put Spread at $0.17 Credit
Sold 1 EOG Nov 03 2023 139/134 Bear Call spread at $0.35 Credit
#Earnings #OnlySpreads
SPY Puts
Since I will be rolling most of today’s SPY Calls out day by day, I’m putting some puts out there to make some of the time premium back.
Sold 1 SPY Nov 07 2023 422 Put at $0.64
Sold 1 SPY Nov 06 2023 422 Put at $0.43
#OnlySpreads
DG MMM TGT Covered Calls rolled out
Rolled this week’s DG 115 Calls to next week’s DG 116 Covered Calls at $0.52 Credit
Rolled this week’s MMM 94 Call to next week’s MMM 95 Covered Call at $0.17 Credit
Rolled this week’s TGT 117 Call to next week’s TGT 117 Covered Call at $0.20 Credit
#CoveredCalls
COF AAPL Diagonal Calls
Bought 1 COF Nov 10 2023 108 Call / Sold 1 COF Nov 03 2023 103 Call at $0.70 Credit
Bought 1 COF Nov 10 2023 109 Call / Sold 1 COF Nov 03 2023 104 Call at $0.50 Credit
Bought 1 AAPL Nov 10 2023 190 Call / Sold 1 AAPL Nov 03 2023 185 Call at $0.24 Credit
The short sides are 1dte
#OnlySpreads
AAPL CAH EOG EXPE Spreads – 1dte
Sold 1 AAPL 187.5/182.5 Bear Call Spread at $.039 Credit
Sold 1 AAPL 190/185 Bear Call Spread at $.032 Credit
Sold 1 CAH 81/86 Bull Put Spread at $0.35 Credit
Sold 1 EOG 137/132 Bear Call Spread at $0.35 Credit
Sold 1 EXPE 113/108 Bear Call Spread at $0.35 Credit
#Earnings #OnlySpreads
SPY Diagonal Calls
Bought SPY Nov 03 2023 434 Calls / Sold SPY Nov 02 2023 429 Calls at $0.44 Credit
The short is 0dte
#OnlySpreads
OGN Stock
Bought a tiny bit of OGN at $14.00 (pre-market). Div = 7.65%
#SP500 #FallingKnife
SPY Expiration
1 SPY 426/423 Bear Call Spread
1 SPY 427/424 Bear Call Spread
1 SPY 404/409 Bull Put Spread
1 SPY 406/415 Bull Put Spread
My SPY 421 Call went ITM so Covered it and replaced it with 1 SPY Nov 2 2023 427/422 Bear Call spread at $0.07 Credit
My SPY 422 Call went ITM so Covered it and replaced it with 1 SPY Nov 2 2023 429/424 Bear Call spread at $0.03 Credit
ABNB Condor and VFC Puts
Sold 1 ABNB Nov 03 2023 138/133 Bear Call Spread at $0.35 Credit
Sold 1 ABNB Nov 03 2023 96/101 Bull Put Spread at $0.30 Credit
Sold 1 VFC Nov 03 2023 12/13 Diagonal Bull Put Spread at $0.14 Credit
#Earnings #OnlySpreads
GRNC PENN ALB Spreads and QCOM Condor
Sold 1 GNRC Nov 03 2023 107/102 Bear Call Spread at $0.38 Credit
Sold PENN Nov 03 2023 25/23 Bear Call Spreads at $0.13 and $0.14 Credit
Sold 1 ALB Nov 03 2023 105/110 Bull Put Spread at $0.38 Credit
Sold 1 ALB Nov 03 2023 103/108 Bull Put Spread at $0.50 Credit
QCOM Nov 03 2023 124/119 Bear Call Spread at $0.35 Credit
QCOM Nov 03 2023 94/99 Bull Put Spread at $0.33 Credit
SPY Iron Condor 1dte
Sold 1 SPY Nov 02 2023 429/424/407/402 Iron Condor at $0.55 Credit
#OnlySpreads
SPY 0dte
Sold 1 SPY Nov 01 2023 424 Call at $0.28.
Sold 1 SPY Nov 01 2023 415 Put at $0.19
#OnlySpreads
SPY Expiration
1 SPY Oct 31 2023 423/419 Bear Call Spread
1 SPY Oct 31 2023 395/404 Bull Put Spread
1 SPY Oct 31 2023 395/414 Bull Put Spread
#OnlySpreads
SPY Call Rolled
Bought to close 1 SPY Oct 31 2023 418 Call at $0.47 as it went ITM at the EOD
Replaced it with 1 SPY Nov 01 2023 426/421 Bear Call Spread at $0.74 Credit
VXX Diagonal Call and Puts
Bought 1 VXX 11/10/2023 33.00 Call/Sold 1 VXX 11/03/2023 27.00 Call at $0.10 Credit
Bought 1 VXX 11/10/2023 20.00 Put/Sold 1 VXX 11/03/2023 23.00 Put at $0.33 Credit
Also:
Sold 1 VXX 11/10/2023 21.5/22.5 Bull Put Spread at $0.17 Credit
SPY Iron Condor 1dte
Sold 1 SPY Nov 01 2023 427/422/409/404 Iron Condor at $0.54 Credit
#OnlySpreads
