TNA and TQQQ Calls rolled up

Bought to close 1 TNA Mar 25 2022 61.0 Call / Sold to Open 1 TNA Apr 01 2022 63 Call at $0.26 Credit plus a 2 point higher strike.
Bought to close 1 TNA Mar 25 2022 62.5 Call / Sold to Open 1 TNA Apr 01 2022 65.5 Call at $0.17 Credit plus a 3 point higher strike.

Bought to close TQQQ Mar 25 2022 51.0 Calls / Sold to Open TQQQ Apr 01 2022 52.0 Calls at $0.02 Credit plus a 1 point higher strike
Bought to close TQQQ Mar 25 2022 53.0 Calls / Sold to Open TQQQ Apr 01 2022 54.0 Calls at $0.29 Credit plus a 1 point higher strike
Bought to close 1 TQQQ Mar 25 2022 53.0 Call / Sold to Open 1 TQQQ Apr 01 2022 54.5 Call at $0.11 Credit plus 1.5 point higher strike
Bought to close 1 TQQQ Mar 25 2022 55.0 Call / Sold to Open 1 TQQQ Apr 01 2022 57.5 Call at $0.18 Credit plus 2.5 point higher strike

LABU Puts and Calls

Bought to Close 1 LABU Mar 25 2022 17.5 Put at $1.02. Sold last week on a roll at $2.45
Bought to Close LABU Mar 25 2022 15.5 Calls $1.33. Sold last week on a roll at $2.07

Sold to Open 1 LABU Apr 01 2022 16.5 Put at $1.08 and gained a point on the short strike
Sold to Open LABU Apr 01 2022 16.5 Calls at $1.35 and also gained a point on the short strike

Leaves me with a short LABU 16.5 straddle for next week.

SWK Stock

Added to my SWK stock position at a new low at $139.00.
#FallingKnife #SP500

LABU Calls

Bought to close LABU Mar 25 2022 18.5 Calls at 0.05. They won’t trade any lower.
Sold last Friday on a rollup at $0.60

BMY, HAS stock

First the good.
Sold my tiny bit of BMY at a new 5-year high of 72.06.
Bought this on 11/29/2021 at 55.51, pretty near the 52-week low.

Started a tiny new position in HAS at $85.00 at a new 52-week low
#SP500 #FallingKnife

VXX Puts spreads

Bought to open VXX May 20 2022 15.0 at $0.10 (58 DTE)
Bought to open VXX Jun 17 2022 13.0 Puts at $0.12 (86 DTE)
Bought to open VXX Sep 16 2022 10.0 Puts at $0.18 (177 DTE)
Bought to open VXX Jan 20 2023 6.0 Puts at $0.13 (303 DTE)
Sold to open VXX Mar 25 2022 23.0 Puts at $0.14, $0.15, $0.17 and $0.20 (2 DTE)
Paired with the VXX Call ladder I sold on Monday.
#VXXContango spreads

TLRY Covered Calls

Sold TLRY Mar 25 2022 7.0 Calls at $0.15
Sold TLRY Mar 25 2022 7.5 Calls at $0.09

FBHS stock

Started a tiny new position in FBHS at $80.00 at a new 52-week low
#SP500 #FallingKnife

TQQQ Calls

At the close, Sold TQQQ Mar 25 2022 58.0 Calls at $0.75 and $0.77

PARA Stock

Sold 1/3 of my PARA(formerly VIAC) and my highest cost lot at $37.84.
Bought at $32.00 on 11/29/21. My remaining shares are up about 35%.
Former #FallingKnife

KOLD Put

Sold 1 KOLD Apr 14 2022 20. Put at $2.15.
Written against a long August 10.0 put that was fully paid for when the March 20.0 put sold against it expired last Friday.
#DoubleDip

TNA TQQQ Calls

Sold 1 TNA Mar 25 2022 66.0 Call at $2.17

Sold 1 TQQQ Mar 25 2022 56.0 Call at $1.61 (the stock has made a straight line run from 38.92 to 55.50 in the last 6 days)

LABU Put

Sold 1 LABU Mar 25 2022 13.0 Put at $0.15

VXX Call Ladder

Sold 1 VXX Mar 25 2022 35.0 Call at $0.31
Sold 1 VXX Mar 25 2022 33.0 Call at $0.34
Sold 1 VXX Mar 25 2022 32.0 Call at $0.35
Sold VXX Mar 25 2022 31.0 Calls at $0.44 & $0.45
Sold VXX Mar 25 2022 30.0 Calls at $0.49 & $0.50
Sold VXX Mar 25 2022 29.5 Calls at $0.40 & $0.42
Sold 1 VXX Mar 25 2022 29.0 Call at $0.49
Sold 1 VXX Mar 25 2022 28.5 Call at $0.54
Replacing similar calls that expired Friday

The short squeeze in VXX is still an issue. But the VIX index and /VX futures are falling early on

TQQQ Diagonal Bear Call Spread

Bought to Open 1 TQQQ Apr 08 2022 60.0 Call at $1.09
Sold to Open 1 TQQQ Mar 25 2022 55.0 Call at $1.42 for a $0.33 Credit.
It’s really a calendar spread where I can write against the long 2 more times after this week.

RIVN

Walking away from this disaster and dumping the last of my positions
Sold to Close long positions instead of writing against them one more time.
RIVN Mar 25 2022 57 Calls at $0.26
RIVN Mar 25 2022 58 Calls at $0.22
RIVN Mar 25 2022 59 Calls at $0.20
RIVN Mar 25 2022 60 Calls at $0.17

Sold 1 RIVN Apr 01 2022 30.0 Put at $0.24
Sold 1 RIVN Apr 08 2022 30.0 Put at $0.49

FMC Stock

Sold the last of my FMC stock at $130.94. (a new 5-yr high)
Bought this on 08/19/2021 at $90.00 (less than 3 points from the 52-week low)
How the #FallingKnife strategy is supposed to work
Former #SP500 #FallingKnife

Markets

wrw4g14hf6l51-scaled

Stocks

Only one trade today, but a good one
Sold the last half of my AMZN stock at $3207.00. Bought 4 days ago at $2,879.56
Former #FallingKnife

Getting my #FallingKnife #HomeGrownETF back to 50% cash

VXX Puts Closed

Bought to close VXX Mar 18 2022 24.5 Puts at $0.01 before I could get the order cancelled near the close.
Sold this week at an average price of $0.17

LABU Covered Calls

Rolled LABU 03/18/2022 15.0 Calls to LABU 03/25/2022 15.5 Calls at 0.06 Credit plus 0.50 more on the strike
Rolled LABU 03/18/2022 16.0 Calls to LABU 03/25/2022 17.0 Calls at 0.13 Credit plus 1.00 more on the strike
Rolled LABU 03/18/2022 16.5 Calls to LABU 03/25/2022 18.0 Calls at 0.18 Credit plus 1.50 more on the strike
Rolled LABU 03/18/2022 17.0 Calls to LABU 03/25/2022 18.5 Calls at 0.40 Credit plus 1.50 more on the strike

TNA and TQQQ Covered Calls

Rolling out and up some covered calls while keeping a decent amount of downside protection and bringing in a bit of cash:

Rolled TQQQ 03/18/2022 46.0 Calls to TQQQ 03/25/2022 46.0 Calls at $0.52 Credit
Rolled TQQQ 03/18/2022 47.0 Calls to TQQQ 03/25/2022 47.5 Calls at $0.27 Credit plus another 0.50 on the strike
Rolled TQQQ 03/18/2022 48.0 Calls to TQQQ 03/25/2022 49.0 Calls at $0.10 Credit plus another 1.00 on the strike
Rolled TQQQ 03/18/2022 49.0 Calls to TQQQ 03/25/2022 50.0 Calls at $0.37 Credit plus another 1.00 on the strike

Rolled TNA 03/18/2022 61.0 Calls to TQQQ 03/25/2022 62.5 Calls at $0.37 Credit plus another 1.50 on the strike

RIVN Puts closed

Bought to close 1 RIVN Mar 18 2022 37.0 Put at $0.01. Sold on a roll last Friday at $2.10
Bought to close 1 RIVN Mar 18 2022 39.0 Put at $0.01. Sold on a roll last Friday at $3.08

LABU

My previous scalp trades are not working and will have to be rolled out.
Trying one last time.
Sold LABU Mar 18 2022 17.0 Calls at $0.35
Sold 1 LABU Mar 18 2022 17.5 Call at $0.26

VXX Calls

Bought to close VXX Mar 18 2022 55.0 Calls at $0.01. Sold Tuesday at $1.79, $2.19, $2.39 and $4.00

Replaced most of these with calls for next week with strikes above the Tuesday spike high.
Sold VXX Mar 25 2022 44.0 Call at $0.54
Sold VXX Mar 25 2022 43.0 Call at $0.58
Sold VXX Mar 25 2022 42.0 Call at $0.61

VXX

Interesting chart. What happens when Barclays unclenches?
VXX fair value

LABU Puts

Bought to close LABU Mar 18 2022 13.5 Puts at $0.05. Sold last week at $0.80.

Bought to close 1 LABU Mar 18 2022 18.0 Put at $2.43. Sold last week on a roll at $3.78
Sold to Open 1 LABU Mar 25 2022 17.5 Put at $2.45 and lowered the strike of this last short put $0.50.

VXX Puts

Bought to close VXX Mar 18 2022 22.0 Puts at $0.01. Sold at $0.11 Tuesday

A new VXX Contango Trade:
Sold to open VXX Mar 18 2022 24.0 Puts Net Credit at $0.07
Bought VXX May 20 2022 15.0 Puts at $0.05 for a 0.02 Credit
Short DTE = 1
Long DTE = 64
#VXXContango

LABU Call scalp

Sold to open LABU Mar 18 2022 16.0 Calls at $0.11
Sold to open LABU Mar 18 2022 16.5 Calls at $0.07

Stocks

Sold half my TMUS stock at $128.57. Got pretty close to the 2022 YTD high.
Bought this lot on 11/22/21 at $114.00

LABU Calls and Puts

Sold to open LABU Mar 18 2022 15.0 Covered Calls at $0.20 and $0.25

Sold to close 1 LABU Mar 18 2022 13.0 Put at $0.60
Sold to close LABU Mar 18 2022 15.0 Puts at $2.00.

VXX Puts

Bought to close VXX Mar 18 2022 21.5 Puts at $0.01. Sold at $0.10 yesterday.

Some new VXX Contango Trades:
Sold to open VXX Mar 18 2022 24.5 Puts at $0.17
Bought VXX May 20 2022 15.0 Puts at $0.10 for a 0.07 Credit
Short DTE = 2
Long DTE = 65

Sold to open VXX Mar 18 2022 24.5 Puts at $0.16
Bought VXX May 20 2022 16.0 Puts at $0.13 for a 0.03 Credit
Short DTE = 2
Long DTE = 65
#VXXContango

TQQQ Call

Just before the Fed announcement:
Sold 1 TQQQ Mar 18 2022 48.0 Call at $0.83

TQQQ TNA Calls

Sold TQQQ Mar 18 2022 50.0 Calls at $0.41 and $0.57

Sold 1 TNA Mar 18 2022 62.5 Covered Call at $0.29
Sold 1 TNA Mar 18 2022 63.0 Covered Call at $0.27

LABU Covered Calls

Sold LABU Mar 18 2022 15.0 Covered Calls at $0.15

Stocks

Selling into the bounce:
Sold the other half of my BKNG long stock at $2198.00. Bought on 3/8 at $1800.00 (Missed the low by less than 4 points)
Sold half my AMZN that I bought as an impulse purchase after they announced the 20 for 1 split.
Sold AMZN at $2994.00. Bought on 03/09 at $2,972.50.
At least I did average down once at $2,879.56 on 3/14.

Former #FallingKnife

TNA Call

Sold 1 TNA Mar 18 2022 59.0 Call at $0.71

TQQQ Covered Call Ladder

Now all my long stock is covered for this week
Sold:
TQQQ Mar 18 2022 46.0 Call at $0.80
TQQQ Mar 18 2022 47.5 Call at $0.43
TQQQ Mar 18 2022 48.0 Call at $0.34

Stocks

First the good;
Sold half of my BKNG long stock at $2083.00. Bought on 3/7 at $1900.00.
Former #FallingKnife

Bought EA at $118.00
Bought SWK at $144.21
#SP500 #FallingKnife

VXX

Back to the puts. One last set of writes against long Mar 18th Puts paid for by earlier Diagonal Put spreads.
Sold VXX Mar 18 2022 22.5 Puts at $0.15 and $0.16
Sold VXX Mar 18 2022 22.0 Puts at $0.11
Sold VXX Mar 18 2022 21.5 Puts at $0.09
#VXXContango trades

TNA Covered Call

Sold 1 TNA Mar 18 2022 62.0 Call at $0.27

TQQQ Covered Call Ladder

No more short puts as they all got assigned last week. Just calls for the foreseeable future.
Sold:
TQQQ Mar 18 2022 46.0 Calls at $0.57
TQQQ Mar 18 2022 47.0 Calls at $0.37
TQQQ Mar 18 2022 47.5 Calls at $0.27 and $0.37
TQQQ Mar 18 2022 48.0 Calls at $0.27

VXX

FN0nqr4XwAcp0OW

https://www.businesswire.com/news/home/20220314005483/en/Barclays-Suspends-Until-Further-Notice-Further-Sales-and-Issuances-of-Two-Series-of-iPath%C2%AE-ETNs-the-%E2%80%9CETNs%E2%80%9D

AAPL

Apple Falls Under 200-Day Moving Average After Foxconn Halt

New week, New Lows

Started some tiny new positions
Bought SWKS at $124.44
Bought WDC at $45.00
Bought WYNN at $70.00
#SP500 #FallingKnife

VXX Calls

Bought to close VXX Mar 11 2022 27.0 Calls at $0.01. Sold Friday on a roll at $1.58
Bought to close VXX Mar 11 2022 26.5 Calls at $0.01. Sold Friday on a roll at $1.76

TNA Calls

Bought to close 1 TNA Mar 11 2022 61.0 Call at $0.01. Sold Tuesday at $1.09
Bought to close TNA Mar 11 2022 60.0 Calls at $0.01. Sold Tuesday at $0.99 and $1.23

XLV Puts

Bought to close 1 XLV Mar 11 2022 126.5 Put at $0.01. Sold on Monday at 0.61
Bought to close 1 XLV Mar 11 2022 127.0 Put at $0.01. Sold on Monday at 0.57

Stocks

Only one today:
Added SBUX at $83.44
#SP500 #FallingKnife

LABU Puts Rolled

Bought to close LABU Mar 11 2022 14.5 Puts at $0.54. Sold last week at $1.25
Sold to Open LABU Mar 18 2022 13.5 Puts at $0.80 for a $0.25 Net Credit plus a point lower strike.
Bought to Close 1 LABU Mar 11 2022 18.0 Put at $3.68. Sold last week at $4.65.
Sold to Open 1 LABU Mar 18 2022 18.0 Put at $ 3.78 for a $0.10 Net Credit.

TQQQ Calls

Bought to close TQQQ Mar 11 2022 50.0 Calls at $0.01. Sold Tuesday at $0.33, $0.39 & 0.51

VIX

VIX and march VX futures now in alignment, 3 more trading days left
http://vixcentral.com/

Stocks

First the good.
Sold half my FMC at 123.66. Bought on 08/05/2021 at $95.00
52-week range is currently $87.27 – $124.86.
Former #FallingKnife

Added to:
CLX at $135.00 (new 3-year low)
BIIB at $195.00
CL at $74.00
#SP500 #FallingKnife

Economy

Nice article.
Quote of the day “Making your entire economy a Landfill Economy dependent on the fantasy of infinite replacements and substitutions is the height of hubris and folly.”
http://charleshughsmith.blogspot.com/2022/03/what-if-it-breaks.html

VXX long dated Puts

Bought to open VXX Jan 19 2024 5.0 Puts at $0.50, adding to my position.
Longs puts will be available for some future #VXXContango trades.

TQQQ Puts and Calls

Sold TQQQ Mar 11 2022 40.0 Puts at $0.37.
Strike is below the March low and expires tomorrow.

Bought to close TQQQ Mar 11 2022 54.0 Calls @ 0.01. Sold on Monday at $0.35

LABU Covered Calls

Sold LABU Mar 11 2022 17.5 Covered Calls at $0.15

XLV Puts

another mid-week rolldown
Bought to close XLV Mar 11 2022 132.0 Puts/ Sold to Open XLV Mar 18 2022 131.0 Puts at $0.05 Credit and lowered the strike another point

TQQQ Covered Calls

Sold TQQQ Mar 11 2022 50.0 Calls at $0.40

LABU Covered Calls

Sold LABU Mar 11 2022 17.0 Calls at $0.15 and $0.20
Only a partial position

VXX long dated Puts

Bought to open VXX Jan 19 2024 5.0 Puts at $0.55.
Longs for some future #VXXContango trades.

TNA TQQQ Calls

Sold TQQQ Mar 11 2022 48.0 Calls at $0.81
Sold TQQQ Mar 11 2022 49.0 Calls at $0.60

Sold TNA Mar 11 2022 62.0 Calls at $0.69

Markets

Dow down 200 … oops … Dow up 500 … oops … Dow closes down almost 200

VXX Calls and Puts

Sold 1 VXX Mar 11 2022 33.0 Call at $0.65
Sold VXX MAR 11 2022 25.0 Puts at $0.22

TNA TQQQ Calls

Sold TNA Mar 11 2022 60.0 Calls at $0.99 and $1.23
Sold TNA Mar 11 2022 61.0 Call at $1.09

Sold TQQQ Mar 11 2022 50.0 Calls at $0.33, $0.39 & 0.51

Morning Stocks

Tiny buys:
ALGN at $425.00
BKNG at $1800.00
CCL at $15.00
CE at $133.00
FIS at $85.00 (new 3-year low)
IFF at $115.00
MNST at $74.21
MTCH at $88.00
NCLH at $15.00
NFLX at $349.67
#SP500 #FallingKnife

AAL BA APTV CMI EL JPM stocks

Late day Trades:
Added a tiny bit of AAL at $13.00
Added a tiny bit of APTV at $98.00
Added a tiny bit of BA at $173.00
Added a tiny bit of CMI at $190.00
Added a tiny bit of EL at $264.00
Added a tiny bit of JPM at $129.00
#SP500 #FallingKnife

KOLD Diagonal Put

Bought 1 KOLD Aug 19 2022 10.0 Put / Sold 1 KOLD Mar 18 2022 20.0 Put at $0.16 Net Credit

VXX Calls

Sold VXX Mar 11 2022 30.0 Calls at $0.62 & $0.84
Sold VXX Mar 11 2022 31.0 Calls at $0.51 & $0.68
Sold 1 VXX Mar 11 2022 32.0 Call at $0.54
Sold 1 VXX Mar 11 2022 33.0 Call at $0.44
Replacing calls that expired Friday

Bought to open 1 VXX Mar 25 2022 38.0 Call / Sold to Open 1 VXX Mar 11 2022 28.0 Call at $0.20 Net Credit
Bought to open 1 VXX Mar 25 2022 39.0 Call / Sold to Open 1 VXX Mar 11 2022 29.0 Call at $0.03 Net Credit

Bought to open 1 VXX Apr 01 2022 45.0 Call / Sold to Open 1 VXX Mar 11 2022 28.5 Call at $0.18 Net Credit

Stocks

First the good:
Sold LDOS at $108.83. Bought on 02/15 at $81.64.
52 Week Range $81.07 – $109.35

Sold MKC at $105.54. Bought on 09/30/21 at $81.00.
52 Week Range $77.85 – $107.34

Sold NEM at $75.31. Bought on 09/20/21 at $54.00.
52 Week Range $52.60 – $77.09
Former #FallingKnife

Now todays tiny buys:
AAL at $14.00
AVY at $160.00
BKNG at $$1,900.00
DAL at 32.50
DRI at $125.00
ECL at $160.00
EPAM at $183.00
FTV at $59.00
IPGP at $104.00
MKC at 105.54
NCLH at $17.00 & $16.00
PPG at $119.00
PVH at $71.00
SYF at $35.00
UAA at $14.73
UAL at $34.00
XYL at $82.70
#SP500 #FallingKnife

OptionsExpiration

Again, a weak market so the bulk of the gains are covered calls and bear call spreads. ITM puts were rolled

Expired:

LABU 20.5 Covered Calls
LABU 20.0 Covered Calls
LABU 30/20 Bear Call Spreads
LABU 28/20 Bear Call Spreads
TNA 67.0 Covered Calls
TNA 59.0 Diagonal Calls
TNA 70/59 Bear Call Spread
TNA 70/60 Bear Call Spread
TNA 72/60 Bear Call Spread
TNA 72/61 Bear Call Spread
TNA 75/61 Bear Call Spread
TQQQ 57.0 Covered Calls
TQQQ 56.0 Covered Calls
TQQQ 60/56 Bear Call Spreads
TQQQ 60/57 Bear Call Spreads
VXX 44/29 Bear Call Spread
VXX 44/30 Bear Call Spread
VXX 44/31 Bear Call Spread
VXX 45/31 Bear Call Spread
VXX 45/31 Bear Call Spread
VXX 49/32 Bear Call Spreads
VXX 50/32 Bear Call Spreads
VXX 55/33 Bear Call Spreads
VXX 28.0 Diagonal Calls
VXX 27.0 Diagonal Calls
VXX 22.5 Diagonal Puts == #VXXContango
VXX 21.0 Diagonal Puts == #VXXContango
XLV 130.0 Diagonal Put

GM

One last tiny stock buy – Bought GM at 42.00
#SP500 #FallingKnife

TNA Calls and Puts

Bought to close TNA Mar 04 022 64.0 Calls at $0.01
Sold on a rollup last Friday at $2.56

Bought to close TNA Mar 04 022 49.0 Puts at $0.01
Sold on a rolldown last Friday at $0.47

Rolled 1 TNA Mar 04 2022 57.5 Put to 1 TNA Mar 11 2022 50.0 Put at $0.03 Credit

TQQQ Call Closed

Bought to close TQQQ Mar 04 2022 50.0 Calls at $0.01.
Sold last Friday on a rollup at $3.34

TQQQ Calls Closed

Bought to close TQQQ Mar 04 2022 55.0 Calls at $0.01.
Sold on Friday on a rollup at $1.00 and Monday at $0.90

Bought to close TQQQ Mar 04 2022 53.0 Calls at $0.01.
Sold on Friday on a rollup at $1.65

Bought to close TQQQ Mar 04 2022 51.0 Calls at $0.01.
Sold on Friday on a rollup at $2.68