Bought to close 1 SPY Nov 16 2022 364.0 Put at $0.01. Sold last Wednesday on a rolldown at $2.04
Replaced it with a zero day scalp sale:
Sold 1 SPY Nov 16 2022 393.0 Put at $0.53. #DoubleDip
#OnlySpreads
Author Archives: Option Iceman
TNA Calls
Sold TNA Nov 18 2022 45.0 Calls at $0.15, $0.18 and $0.21
Sold TNA Nov 18 2022 44.0 Calls at $0.28 and $0.30
#OnlySpreads
UVXY VXX Calls
Missiles may or may not have hit Poland, VIX Spikes temporarily.
Sold UVXY Nov 18 2022 11.0 Calls at $0.12 and $0.13
Sold UVXY Nov 18 2022 10.5 Calls at $0.15 and $0.16
Sold VXX Nov 18 2022 20.0 Calls at $0.16
Sold VXX Nov 18 2022 19.5 Calls at $0.20
Sold VXX Nov 18 2022 19.0 Calls at $0.24, $0.25 and $0.26
Sold VXX Nov 18 2022 18.5 Calls at $0.27 and $0.30
#OnlySpreads
SPY OptionsExpiration
SPY Nov 14 2022 325/367 Bull Put Spread
$4200 margin release I can put to work tomorrow
TLRY
Sold TLRY Nov 18 2022 5.0 Covered Calls at $0.11
Bringing in a bit of cash each week on this dog of a stock.
Stocks
Tiny trades:
Sold my EFX position at $199.42. Bought on 05/10/2022 at $194.93
Sold my TGT position at $176.13. Bought on 05/20/2022 at $151.00
Sold my CCL position at $10.50, just slightly above my average breakeven point. No Divvy.
Sold my CDAY position at $68.01, just slightly above my average breakeven point. No Divvy.
And finally, sold my highest cost lot of SPY at $400.04 . Bought on 06/16/2022 at $362.00
#FormerFallingKnife #RaisingCash
Added a tiny bit of D at $59.65. Div = 4.33%
#SP500 #FallingKnife
OptionsExpiration
Not much of a list as the strong market had me rolling most positions
EXPIRED:
SLV 14/19 Bull Put Spreads
SLV 15/19 Bull Put Spreads
SLV 19.0 Diagonal Puts
SOXL 7.0 Diagonal Puts
SPY 320/367 Bull Put Spread
TLRY 5.0 Covered Calls
TNA 41/40.5 Bear Call Spreads
TNA 44/42 Bear Call Spreads
TNA 50/44 Bear Call Spreads
TQQQ 15/15.5 Bull Put Spread
TQQQ 13/15.5 Bull Put Spread
UVXY 15/11 Bear Call Spreads
UVXY 10.5 Diagonal Calls
VXX 29/20 Bear Call Spreads
VXX 19.5 Diagonal Calls
VXX 19.0 Diagonal Calls
VXX 18.5 Diagonal Calls
VXX 16.5 Diagonal Puts — #VXXContango
LABU TNA TQQQ VXX Rolls
Rolled a bunch of short Calls up to next week and rolled VXX Puts down:
Bought to close VXX Nov 11 2022 17.0 Puts at $0.04
Sold to Open VXX Nov 18 2022 16.5 Puts at $0.19 for a $0.15 Credit.
Bought to close TQQQ Nov 11 2022 22.5 Calls at $0.18
Sold to Open TQQQ Nov 18 2022 24.0 Calls at $0.47 for a $0.29 Credit
Bought to close 1 TQQQ Nov 11 2022 22.0 Call at $0.66
Sold to Open 1 TQQQ Nov 18 2022 23.0 Call at $0.85 for a $0.19 Credit
Bough to close TQQQ Nov 11 2022 21.5 Covered Calls at $1.20
Sold to Open TQQQ Nov 18 2022 22.0 Covered Calls at $1.40 for a $0.20 Credit
Bought to close TNA Nov 11 2022 40.0 Covered Calls at $0.24
Sold to Open TNA Nov 18 2022 43.0 Covered Calls at $0.53 for a $0.29 Credit
Bought to close LABU Nov 11 2022 8.0 Covered Calls at $0.04
Sold to open LABU Nov 18 2022 9.0 Covered Calls at $0.15 for a $0.11 Credit
UXVY Puts
Bought to close UVXY Nov 11 2022 Diagonal 9.0 Puts at $0.01. Sold on a rolldown last Friday at $0.23 and as part of a new #UVXYContango spread on Monday at $0.21..
This was a large position so glad to be out in a strong market.
This leaves a large long UVXY Jan 20 2023 6.0 Put position fully paid for, with several months to write against it.
Stocks
Tiny trades for gains on the continuing rally.
Dumping some old no/low divvy stocks as well as gains on some others to lighten up.
I’ll be adding to the completed sales list throughout the day.
Sold RL at $97.76, $99.95 and $102.41
Sold KEY at $20.01
Sold IVZ at $19.55
Sold TFC at $46.65
Sold VTRS at $11.43
Sold DD at $70.00 and $71.27
Sold GPS at $11.89
Sold CZR at $53.00
Sold DFS at $111.28
Sold AMT at $224.34
Sold TER at $94.50
Sold EXPD at $109.65
Sold SBUX at $96.75
Sold COO at $321.00
Sold KSS at $31.75
Sold APTV at $112.50
Sold BAC at $38.57
TQQQ puts
Bought to close 1 TQQQ Nov 11 2022 19.0 Put at $0.01. Sold on a rolldown last week at $1.66
Bought to close 1 TQQQ Nov 11 2022 24.0 Put at $1.79. Sold last Friday on a roll at $6.39
Sold to Open 1 TQQQ Nov 18 2022 23.5 Put at $1.84 for a $0.05 Credit
SOXL Calls
Sold an old long Call position:
Sold SOXL Nov 11 2022 12.5 Calls at $0.22. Bought at $0.17 and $0.18
#WinWin
Rolled short SOXL Nov 11 2022 11.5 Calls to SOXL Nov 18 2022 12.0 Calls at $0.02 Credit
Rolled short SOXL Nov 11 2022 11.0 Calls to SOXL Nov 18 2022 11.0 Calls at $0.20 Credit
Rolled short SOXL Nov 11 2022 10.5 Calls to SOXL Nov 18 2022 10.5 Calls at $0.13 Credit
#OnlySpreads
VXX UVXY Puts
Rolled VXX Nov 11 2022 20.0 Puts to next week at $0.08 Credit
Rolled VXX Nov 11 2022 19.5 Puts to next week at $0.10 Credit
Rolled VXX Nov 11 2022 19.0 Puts to next week at $0.13 Credit
Rolled VXX Nov 11 2022 18.5 Puts to next week at $0.19 Credit
Rolled UVXY Nov 11 2022 11.0 Puts to next week at $0.09 Credit
Rolled UVXY Nov 11 2022 10.5 Puts to next week at $0.13 Credit
Still bringing in cash on the rolls 🙂
Also a scalp trade:
Sold VXX Nov 11 2022 16.5 Puts at $0.11 and $0.12
Expires tomorrow
SOXL TNA TQQQ Calls
Starting in on next week:
Sold SOXL Nov 18 2022 12.5 Calls at $0.38, $0.39 and $0.43
Sold TNA Nov 18 2022 42.0 Calls at $0.73
Sold TQQQ Nov 18 2022 22.0 Calls at $0.60, $0.62 and $0.65
Sold 1 TQQQ Nov 18 2022 22.5 Call at $0.50
TQQQ LABU Calls
Sold 1 TQQQ Nov 11 2022 22.0 Call at $0.14
Sold TQQQ Nov 11 2022 21.5 Calls at $0.18 and $0.23
Sold TQQQ Nov 11 2022 21.0 Calls at $0.33
Sold TQQQ Nov 11 2022 20.5 Calls at $0.51
Sold LABU Nov 11 2022 7.5 Calls at $0.10
STOCKS
Taking some tiny OLD positions off at gains on the big opening:
Sold my highest cost lot of AES at 27.79. Bought on 02/24/2022 at $20.00.
Sold SYF at $36.85. Bought on 03/07/2022 at $35.00.
Sold ITW at $219.28. Bought on 04/12/2022 at $198.78.
Sold my highest cost lot of TXN at $172.10. Bought on 02/14/2022 at $161.67.
Sold BWA at $40.17. Bought on 03/01/2022 at $39.83.
Sold my highest cost lot of DD at $68.61. Bought on 04/25/2022 at $66.00.
Sold all my UHS at $122.00. Bought on 11/29/2021 at $121.23 and on 06/16/2022 at $100.00.
#RaisingCash #FormerFallingKnife
SLV Puts
From yesterday:
Continuing to write against put position left over from previous spreads
Sold SLV Nov 11 2022 19.0 Puts at $0.09, $0.12, and $0.15
SPY partial Fail
This sale early today didn’t work, so I’m forced to roll it.
Rolled 1 SPY Nov 09 2022 376.0 Put to 1 SPY Nov 16 2022 364.0 Put at $0.34 Credit
But I did sell 1 SPY 374.0 Put at $0.31 and 1 SPY 373.0 Put at $0.26 today and since SPY closed at 374.13, both should expire.
#OnlySpreads
Another SPY Put Spread
Bought 1 SPY Dec 02 2022 330.0 Put at $0.48
Sold to Open 1 SPY Nov 14 2022 367.0 Put at $1.50 for a $1.02 Credit
#OnlySpreads
VXX UVXY Calls
Sold VXX Nov 11 2022 18.5 Calls at $0.29 and $0.34
Sold VXX Nov 11 2022 19.0 Calls at $0.22
Sold VXX Nov 11 2022 19.5 Calls at $0.18
Sold VXX Nov 11 2022 20.0 Calls at $0.13
Sold to Open UVXY Nov 11 2022 10.5 Calls at $0.20 and $0.23
Sold to Open 1 UVXY Nov 11 2022 11.0 Call at $0.20
Paired with VXX and UVXY Short Puts already in the account.
#OnlySpreads
SPY Put spread
Bought to close 1 SPY Nov 09 2022 360.0 Put at $0.01. Sold last Friday at $0.77
Sold 1 SPY Nov 09 2022 376.0 Put at $0.37 for a one day scalp to replace it. (I can always roll it down).
Set up a new spread for Friday:
Bought to Open 1 SPY Nov 30 2022 330.0 Put at $0.30
Sold to open 1 SPY Nov 11 2022 367.0 Put at $0.75 for a $0.45 Credit.
VXX and UVXY
Sold to close 1 VXX Nov 18 2022 17.0 Put at $0.62 after writing against it multiple times.
Bought on 10/17/2022 at $0.20
#VXXContango #WinWin
Sold UVXY Nov 11 2022 11 Calls at $0.17. Paired with short puts already in the account
SOXL TNA TQQQ Calls
Sold SOXL Nov 11 2022 11.5 Calls at $0.15 and $0.23
Sold TNA Nov 11 2022 40.5 Calls at $0.34 and $0.41
Sold TQQQ Nov 11 2022 21.5 Calls at $0.13 and $0.17
Sold TQQQ Nov 11 2022 21.0 Calls at $0.21 and $0.26
Sold 1 TQQQ Nov 11 2022 20.5 Call at $0.38
Sold 1 TQQQ Nov 11 2022 20.0 Call at $0.56
#OnlySpreads
Stocks
Still lightening up on some lower dividend payers.
Sold all my FTV at $65.07. Bought on 02/04 at $65.00 and on 03/07 at $59.93
Sold my last lot of GE at $82.58. Bought on 11/07/2021 at $60.00 {Long term gain}
Sold my remaining MCHP at $68.39. Bought on 06/16/2022 at $59.72
Sold my highest cost lot of STT at $76.53. Bought on 04/22/2022 at $72.00. Also hold lots at $68.00 and $63.04.
#FormerFallingKnife #RaisingCash
KOLD Call Rolldown
Bought to close 1 KOLD Nov 18 2022 34.0 Covered Call at $0.28. Sold on 10/20 at $1.70 on a rollup.
Sold 1 KOLD Nov 18 2022 22.0 Covered Call at $0.73 for $0.45 additional Credit.
#DoubleDip
SPY OptionsExpiration
SPY 11/07/2022 320/367 Bull Put Spread – Expired
UVXY Diagonal Puts
Bought to open UVXY Jan 20 2023 6.0 Puts at $0.14
Sold to open UVXY Nov 11 2022 9.0 Puts at $0.21 for a $0.07 Credit for the first week.
Long DTE = 74
Short DTE = 4
#UVXYContango
KOLD Call Rolldowns
Bought to close 1 KOLD Nov 18 2022 28.0 Covered Call at $0.09. Originally sold on a rollup on 10/21 at $4.27
Replaced it with 1 KOLD Nov 18 2022 20.0 Covered Call at $0.49 for a $0.40 additional credit with the stock just under $14.
Edit: Did another.
Bought to close 1 KOLD Nov 18 2022 30.0 Covered Call at $0.06. Originally sold on a rollup on 10/21 at $3.75.
Replaced it with 1 KOLD Nov 18 2022 21.0 Covered Call at $0.48 for a $0.42 Credit
KOLD Diagonal Put Spreads
Bought 1 KOLD Feb 17 2023 5.0 Put Net Credit at $0.87
Sold 1 KOLD Nov 18 2022 13.0 Put at $1.52 for a $0.65 Credit
Bought 1 KOLD Feb 17 2023 5.0 Put at $0.90
Sold 1 KOLD Nov 18 2022 12.0 Put at $1.15 for a $0.25 Credit
Long DTE = 102
Short DTE = 11
BA SPG FRT HBAN Stocks
Sold all of my remaining BA position at $161.90. Bought this 5 times between 03/04 and 05/12/2022. Sold it about 2.5% above my average cost (pays no dividend).
Sold my highest cost lot of SPG at $116.50. Bought on 05/20/2022 at $106.80.
Sold the last of my FRT at $106.68. Bought on 06/14/2022 at $95.00.
Sold some of my HBAN at $15.45. Bought on 06/23/2022 at $11.80.
#FormerFallingKnife #RaisingCash
LABU SOXL TLRY TNA TQQQ
Replacing many of the positions that expired Friday, some at higher strikes.
Sold LABU Nov 11 2022 8.0 Covered Calls at $0.10
Sold SOXL Nov 11 2022 11.0 Diagonal Calls at $0.11, $0.13 and $0.15
Sold SOXL Nov 11 2022 10.5 Covered Calls at $0.20
Sold TLRY Nov 11 2022 5.0 Covered Calls at $0.05
Sold TNA Nov 11 2022 40.0 Covered Calls at $0.37
Sold TNA Nov 11 2022 40.0 Diagonal Calls at $0.48 and $0.50
Sold TNA Nov 11 2022 42 Diagonal Calls at $0.16
Sold TQQQ Nov 11 2022 20.0 Diagonal Calls at $0.33
Sold TQQQ Nov 11 2022 20.5 Diagonal Calls at $0.26
Sold TQQQ Nov 11 2022 21.0 Diagonal Calls at $0.19
Sold TQQQ Nov 11 2022 21.0 Covered Calls at $0.16
Sold TQQQ Nov 11 2022 21.5 Covered Calls at $0.11
FRT
Sold a tiny position in FRT at $105.27. Bought on 09/23/22 at $89.18
#FormerFallingKnife #RaisingCash
OptionsExpiration
Despite the market rally, all the LABU, SOXL,TQQQ and TNA Covered Calls and call spreads expired worthless.
Expired:
LABU 13/8.5 Bear Call Spreads
LABU 8.5 Covered Calls
LABU 9.0 Diagonal Calls
SLV 15/17 Bull Put Spreads
SOXL 17/10.5 Bear Call Spreads
SOXL 10.5 Covered Calls
SOXL 11.0 Diagonal Calls
SOXL 11.5 Diagonal Calls
SOXL 7.0 Diagonal Puts
SPY 320/367 Bull Put Spread
SPY 370.0 Diagonal Puts
TLRY 4.5 Covered Calls
TNA 47/37 Bear Call Spreads
TNA 37.5 Diagonal Calls
TNA 38.5 Diagonal Call
TNA 39.0 Diagonal Call
TNA 40.0 Diagonal and Covered Calls
TNA 41.5 Diagonal Call
TNA 42.0 Diagonal Call
TNA 43.0 Diagonal Call
TNA 44.0 Diagonal Calls
TNA 45.0 Diagonal Calls
TQQQ 24/22 Bear Call Spread
TQQQ 25/22 Bear Call Spread
TQQQ 26/22.5 Bear Call Spreads
TQQQ 27/23 Bear Call Spread
TQQQ 27/23.5 Bear Call Spreads
TQQQ 22.0/23.0/23.5/24.5 Covered Calls
TQQQ 24.5 Diagonal Calls
TQQQ 13/16.5 Bull Put Spreads
UVXY 10.5 Diagonal Calls
UVXY 11.0 Diagonal Calls
VXX 29/20 Bear Calls Spreads
SOXL Strangle
Sold SOXL Nov 11 2022 7.0 Puts at $0.11.
Sold SOXL Nov 11 2022 10.5 Calls at $0.17.
Replacing similar options that are about to expire today
#OnlySpreads
SPY Put
Bought to close 1 SPY Nov 04 364.0 Diagonal Put at $0.09. Sold yesterday at $0.94
Sold 1 SPY Nov 09 2022 360.0 Put at $0.77 to replace it.
#OnlySpreads
VXX UVXY Calls
Sold VXX Nov 11 2022 20.0 Diagonal Calls at $0.12 and $0.13
Sold UVXY Nov 11 2022 11.0 Diagonal Calls at $0.19
Paired with the short puts I rolled down earlier.
TQQQ Puts Rolled Down
Rolled down 1 TQQQ Nov 04 2022 19.5 Put to 1 TQQQ Nov 11 2022 19.0 Put at $0.08 Credit.
I keep rolling this down hoping that one of these weeks it will finally expire.
At least the roll is cash positive each week.
Also rolled TQQQ Nov 04 2022 17.5 Puts down to TQQQ Nov 11 2022 15.5 Puts at $0.02 Credit
#onlySpreads
TNA Call Spreads
Bought 1 TNA Nov 25 2022 45.0 Call at $0.40
Bought 1 TNA Dec 02 2022 47.0 Call at $0.42
Sold TNA Nov 11 2022 40.0 Calls Net Credit at $0.50 and $0.52.
Waiting until a large number of (both covered and diagonal) TNA calls expire this afternoon before re-writing them for next week.
#OnlySpreads
VXX UVXY Puts
I was early on all these trades, especially the rolldowns
Rolled VXX Nov 04 2022 17.5 Puts down to VXX Nov 11 2022 17.0 Puts at $0.02 Credit
Bought to close VXX Nov 04 2022 17.0 Puts at $0.01.
#VXXContango
Rolled UVXY Nov 04 2022 9.5 Puts down to UVXY Nov 11 2022 9.0 Puts at $0.02 Credit
Bought to close UVXY Nov 04 2022 9.0 Puts at $0.01.
#UVXYContango
Stocks
Added a tiny bit of NWL at $12.61 Div = 7.1%
Added a tiny bits of PARA at $16.70 and $16.20 Div = 5.7%
Added a tiny bit of NEM at $38.20 Div= 5.56%
Added a tiny bit of LNC at $36.17 Div = 3.45%
Added a tiny bit of WU at $12.33 Div = 7.2%
Started a new position in MSFT at $219.13 even though it is a low dividend payer at 1.23%
#SP500 #FallingKnife
Sold All my tiny position in PNW at $69.44.
Bought on 10/29/2021 at $65.00 and on 10/12/2022 at $60.00
#FormerFallingKnife
TQQQ SOXL SPY UVXY
One day scalps:
Sold TQQQ Nov 04 2022 16.5 Puts at $0.15
Sold SOXL Nov 04 2022 7.0 Puts at $0.08
Sold 1 SPY Nov 04 2022 364.0 Put at $0.94
Bought 1 SPY Nov 25 2022 325.0 Put at $0.48 for a $0.46 Credit
Sold UVXY Nov 04 2022 10.5 Calls at $0.15
SPY Put Roll
Bought to close SPY Nov 02 2022 376.0 Put / Sold 1 SPY Nov 04 2022 370.0 Put at $0.17 Credit for 2 more days
SPY Positions expired:
SPY Nov 02 2022 300/373 Bull Put spread
LRCX ARE JCI Stock
Sold my last tiny lot of LRCX at $418.50. Bought on 10/13 at $302.09.
Sold a tiny lot of ARE at $146.91. Bought on 06/17 at $130.00.
Sold my last tiny lot of JCI at $59.59. Bought on 06/14 at $49.21.
#RaisingCash #FormerFallingKnife
TQQQ SOXL
Scalps before the Fed announcement:
Sold TQQQ Nov 04 2022 17.5 Puts at $0.17 and $0.19
Sold 1 TQQQ Nov 04 2022 23.0 Call at $0.19
Sold 1 TQQQ Nov 04 2022 23.5 Call at $0.13
Sold 1 TQQQ Nov 04 2022 24.0 Call at $0.09
Sold SOXL Nov 04 2022 11.5 Calls at $0.06
NVDA Stock
Sold all my tiny position in NVDA at $141.01, just slightly above my average cost.
#FormerFallingKnife #RaisingCash
SPY Put Ladder
I have lots of long puts left over from previous diagonal spreads, so I’m writing against them again with SPY at $386:
Sold 1 SPY Nov 02 2022 376.0 Put at $0.64 (expires tomorrow)
Sold 1 SPY Nov 04 2022 370.0 Put at $0.60 (Expires Friday)
Sold 1 SPY Nov 07 2022 367.0 Put at $0.52 (Expires Monday)
ISRG Stock
Sold the last of my tiny ISRG position at $249.14. Bought on 05/06/2022 at $225.00
#FormerFallingKnife #RaisingCash
SOXL Calls
Sold SOXL Nov 04 2022 11.0 Calls at $0.11
TQQQ Call Ladder
Sold TQQQ Nov 04 2022 24.5 Calls at $0.19
Sold 1 TQQQ Nov 04 2022 24.0 Call at $0.28
Sold TQQQ Nov 04 2022 23.5 Calls at $0.36 and $0.37
Sold TQQQ Nov 04 2022 23.0 Calls at $0.49 and $0.52
Sold TQQQ Nov 04 2022 22.5 Calls at $0.66
Replacing calls that expired Friday
LRCX Stock
Sold half of my remaining LRCX stock at $410.01. Just slightly above my buy on 07/01/2022 at $409.10
The remaining buy was on 10/13 at $302.09 just after earnings. I’ll hold that.
LABU SPY SLV TLRY TNA UVXY VXX
Replacing a whole bunch of positions that expired Friday
Sold LABU Nov 04 2022 9.0 Diagonal Calls at $0.15
Sold LABU Nov 04 2022 8.5 Covered Calls at $0.30
Sold 1 SPY Nov 04 2022 367.0 Diagonal Put at $0.66
Sold 1 SPY Nov 02 2022 373.0 Diagonal Put at $0.68
Sold 1 SPY Oct 31 2022 379.0 Put at $0.17 (due to expire today)
Sold SLV Nov 04 2022 17.0 Diagonal Puts at $0.12
Sold TLRY Nov 04 2022 4.5 Covered Calls at $0.04
Sold TNA Nov 04 2022 45.0 Diagonal Calls at $0.24
Sold TNA Nov 04 2022 44.0 Diagonal Calls at $0.34
Sold 1 TNA Nov 04 2022 43.0 Diagonal Call at $0.51
Sold UVXY Nov 04 2022 11.0 Diagonal Calls at $0.16
Sold UVXY Nov 04 2022 9.5 Diagonal Puts at $0.11, $0.13 and $0.14 (DTE = 4)
Bought UVXY Dec 16 2022 7.0 Puts at $0.07 and $0.08 (DTE= 46)
Bought UVXY Jan 20 2023 6.0 Puts at $0.11 (DTE= 81)
Bought UVXY Feb 17 2023 5.0 Puts at $0.12 (DTE= 109)
#UVXYContango)
Sold VXX Nov 04 2022 20.0 Diagonal Calls at $0.10
Sold VXX Nov 04 2022 17.5 Diagonal Puts at $0.16, $0.17, $0.19, $0.20 and $0.22 (DTE = 4)
Bought VXX Dec 16 2022 14.0 Puts at $0.06 and $0.07 (DTE = 46)
Bought VXX Jan 20 2023 13.0 Puts at $0.18 and $0.20 (DTE = 81)
#VXXContango
SPY Put
Sold 1 SPY Oct 28 2022 368.0 Put at $0.22 at 4:01.
I wonder if Amazon’s earnings were out by then
A one day scalp
#OnlySpreads
SPY Put – TNA Calls
One day scalps:
Sold 1 SPY Oct 28 2022 373.0 Put at $0.49
Sold TNA Oct 28 2022 39.5 Calls at $0.14
Russell 2000 is out performing both the NASDAQ and the S&P, which are both down on the day
VXX Puts
Sold VXX Oct 28 2022 18.0 Puts at $0.06, $0.07 and $0.08
VXX low so far today is $18.26 and these would expire tomorrow.
TQQQ Put rolled down
Bought to close 1 TQQQ Oct 28 2022 21.0 Put at $0.62. Sold last week on another rolldown at $2.24.
Sold 1 TQQQ Nov 04 2022 19.5 Put at $0.73 for an $0.11 Credit.
Hopefully this one will actually expire.
CAT DVA GE TT XYL Stock
Culling some more of my lower dividend payers at gains.
Sold my tiny CAT position at $$210.15. Bought on 02/24/2022 at $182.00
Sold my DVA position just slightly above my average breakeven at $99.35
Sold my GE position just slightly above my average breakeven at $77.50
Sold the rest of my TT at $157.35. Bought on 06/16/2022 at $121.93
Sold the rest of my XYL at $100.21. Bought on 03/07/2022 at $82.70
#FormerFallingKnife #RaisingCash
ETSY Stock
Culling some more of my no-dividend payers at gains.
Sold all my ETSY position just slightly above my average breakeven at $106.00.
#FormerFallingKnife #RaisingCash
TNA and TQQQ Calls
Sold TNA Oct 28 2022 35.0 Calls at $0.73 and $0.79
Sold 1 TNA Oct 28 2022 35.5 Call at $0.76
Sold TNA Oct 28 2022 37.0 Calls at $0.30
Sold 1 TNA Oct 28 2022 37.5 Call at $0.21
Sold TQQQ Oct 28 2022 24.0 Calls at $0.25
VXX and UVXY Puts
Sold UVXY Oct 28 2022 11.0 Puts at $0.07 and $0.10
Sold VXX Oct 28 2022 19.0 Puts at $0.07, $0.08 and $0.12
Sold VXX Oct 28 2022 19.5 Puts at $0.20
ISRG ROST DHI IEX ROK XYL Stocks
Culling some more of my no/low dividend payers at gains.
Sold all my ISRG position just slightly above my average breakeven at $231.03.
Sold my tiny ROST position at $90.70. Bought on 07/01/2022 at $69.44
Sold all my remaining DHI at $74.20 and $74.88. Bought on 04/07/2022 at $70.00 and on 05/11/2022 at $64.77
Sold my tiny IEX position at 210.90. Bought on 05/12/2022 at $181.40
Sold my tiny ROK position at $241.30. Bought on 05/10/2022 at $200.00
Sold half of my tiny XYL position at $97.45. Bought on 02/04/2022 at $88.00
#FormerFallingKnife #RaisingCash
VXX Call Profits
Liquidating some excess long calls left over from last weeks diagonal spreads
Sold VXX Oct 07 2022 25.0 Calls at $0.46. Bought at $.0.12 and $0.14
Sold VXX Oct 07 2022 25.5 Calls at $0.36. Bought at $.0.16
Sold VXX Oct 07 2022 28.0 Calls at $0.24. Bought at $0.06
#WinWin
Stocks
Bought at new lows:
IVZ at $14.44 Div = 5.06%
KEY at $16.00 Div = 4.84%
NWL at $14.19 Div = 6.44%
OGN at $25.00 Div = 4.45%
TFC at $43.00 Div = 4.79%
VNO at $22.87 Div = 9.08%
VTRS at $8.43 Div = 5.63%
Pulling most of my remaining buy orders except for SPY and QQQ
Bought SPY at $362.16
#Sp500 #FallingKnife
SOXL Puts
Sold SOXL Sep 30 2022 8.5 Diagonal Puts at $0.21, replacing last week’s SOXL 9.0 Puts covered at a penny on Friday
Markets
You know it’s a BEAR Market when:
75% of stocks are declining today
2630 new lows vs. 47 new highs today
Only 11% of stocks above their 50 day MA
Only 13% of stocks are above their 200 day MA
(Stats courtesy of Finviz.com)
Stocks
A smaller list of tiny buys so far today:
VFC at $35.00 Div = 5.58%
IP at $32.00 Div = 5.58%
INTC at $27.00 Div = 5.30%
FDX at $144.00 Div = 3.08%
CE at $89.00 Div = 2.98%
#SP500 #FallingKnife
SLV Puts
Sold SLV Sep 30 2022 16.5 Diagonal Puts at $0.10 replacing SLV 17.0 Puts that expired Friday
VXX Long term Puts
Bought VXX Jan 20 2023 11.0 Puts at $0.10 to write more weekly puts against
#VXXContango
TNA
Additional Calls
Sold TNA Sep 30 2022 34.0 Calls at $0.53 and $0.55
Sold TNA Sep 30 2022 34.5 Call at $0.43
TNA TQQQ VXX LABU Calls
Sold all these on the open replacing calls that expired Friday:
TNA Sep 30 2022 35.0 Call at $0.23
TNA Sep 30 2022 34.5 Call at $0.27
TNA Sep 30 2022 34.0 Call at $0.26
TQQQ Sep 30 2022 26.5 Calls at $0.06
TQQQ Sep 30 2022 26.0 Calls at $0.08
TQQQ Sep 30 2022 25.0 Calls at $0.19
TQQQ Sep 30 2022 24.5 Calls at $0.24
TQQQ Sep 30 2022 24.0 Calls at $0.33
VXX Sep 30 2022 22 Calls at $0.40, $0.42 and $0.44
LABU Sep 30 2022 8 Calls at $0.10
#CoveredCalls #OnlySpreads
VXX Calls
For next week
Sold VXX Sep 30 2022 23.0 Diagonal Calls at $0.45
Sold VXX Sep 30 2022 24.0 Diagonal Calls at $0.34
#OnlySpreads
OptionsExpiration
It’s a Bear Market.
Lots of Covered and Diagonal Calls expired in LABU, TNA, TQQQ and even in VXX (unexpected).
Some Puts were rolled down in TNA and TQQQ, and some calls rolled up in UVXY.
Puts in UVXY and VXX were major gainers. And plenty of VXX puts are still on the books for next week.
==Expired==
LABU 14/10.5 Bear Call Spreads
LABU 9.0 Covered Calls
SLV 17.0 Diagonal Puts
TNA 40/40.5/41 Covered Calls
TNA 41.5 Diagonal Call
TNA 48.5/42 Bear Call Spreads
TNA 50/42.5 Bear Call Spreads
TQQQ 27/27.5/28 Covered Calls
TQQQ 36/28.5 Bear Call Spreads
TQQQ 37.5/28 Bear Call Spreads
TQQQ 20.0 Diagonal Puts
TQQQ 19.5 Diagonal Put
UVXY 20.5/12 Bear Call Spreads
UVXY 9.5 Diagonal Puts — #UVXYContango
UVXY 9.0 Diagonal Puts — #UVXYContango
VXX 28/21.5 Bear Call Spreads
VXX 25/21 Bear Call Spreads
VXX 21.0 Diagonal Calls
VXX 20.5 Diagonal Calls
VXX 18.5 Diagonal Puts — #VXXContango
VXX 18.0 Diagonal Puts — #VXXContango
VXX 17.5 Diagonal Puts — #VXXContango
VXX 17.0 Diagonal Puts — #VXXContango
VXX 16.5 Diagonal Puts — #VXXContango
== Assignments==
None
SOXL Puts closed and rolled
Bought to close SOXL Sep 23 2022 9.5 Puts at $0.01. Sold this morning at $0.19 for a scalp trade and on Monday at $0.17
Bought to close SOXL Sep 2022 10.0 Diagonal Puts at $0.18. Sold on Monday at $0.25.
Sold to open SOXL Sep 30 2022 9.0 Puts at $0.38 for a $0.20 Credit
Stocks
As markets test the June 2022 lows I’m making tiny buys on Higher dividend payers. Biggest one day buying since then.
When SPY and QQQ reach their old lows, I’ll switch to those stocks and suspend most other buys.
LYB at $72.00
PARA at $20.00
DLR at $104.00
STX at $58.00
OGN at $26.00
USB at $42.00
PRU at $89.00
T at $16.00
PKG at $114.10
CFG at $34.00
WHR at $139.53
LUMN at $8.00
FRT at $89.18
CMCSA at $32.00
CFG at $34.00
LNC at $44.00
DD at $51.50
SWK at $80.00
RL at $86.00
IVZ at $15.20
MMM at $113.17
SPG at $90.76
#SP500 #FallingKnife
SOXL Puts Rolled
Bought to close SOXL Sep 23 2022 10.5 Puts / Sold SOXL Sep 30 2022 10.0 Puts at $0.10 Credit
VXX Puts
Rolled my largest short put position:
Bought VXX Sep 23 2022 19.5 Puts at $0.35. Sold last week on a rolldown at $1.04.
Sold to Open VXX Sep 30 2022 18.5 Puts at $0.37 for a $0.02 Credit and a full point better on the short strike.
I’m now expecting my VXX 18.5, 18.0, 17.5, 17.0 and 16.5 Diagonal Puts to expire along with 20.5, 21.0 and 21.5 short calls.
#VXXContango #OnlySpreads
Options Bistro 