Bought the following for new long positions for #VXXContango Trades
VXX Apr 14 2022 12 Puts at $0.05
VXX Apr 14 2022 13 Puts at $0.11
VXX May 20 2022 11 Puts at $0.13
VXX Jan 20 2023 6 Puts at $0.25
1 VXX Jan 19 2024 5 Put at $0.75
Author Archives: Option Iceman
Markets
So if Russia doesn’t invade by the market open, how does the market react?
OptionsExpiration
Ran out of time at the end of the day so I left some puts “un-rolled”. Mostly made money on calls and call spreads, not surprising since the market collapsed today.
Expired:
LABU 22.5 Diagonal Calls
LABU 23.0 Diagonal Calls
RIVN 120/69 Bear Call Spread
RIVN 116/68 Bear Call Spread
RIVN 90/67 Bear Call Spread
RIVN 84/66 Bear Call Spread
RIVN 83/65 Bear Call Spread
RIVN 82/64 Bear Call Spread
RIVN 77/64 Bear Call Spread
RIVN 64.0 Diagonal Call
TLRY 7.5 Diagonal Puts
TNA 77/68 Bear Call Spread
TNA 76/67 Bear Call Spread
TNA 75/67 Bear Call Spread
TNA 74/67 Bear Call Spread
TNA 73/66 Bear Call Spread
TNA 72/66 Bear Call Spread
TNA 66.0 Diagonal Calls
TNA 65.0 Covered Calls
TQQQ 75/67 Bear Call Spread
TQQQ 75/66.5 Bear Call Spreads
TQQQ 74/66 Bear Call Spread
TQQQ 66.0 Covered Call
TQQQ 65.5 Covered Calls
TQQQ 65.0 Covered Calls
TQQQ 64.5 Covered Calls
TQQQ 64.0 Covered Calls
TQQQ 50/53 Bull Put Spreads
VXX 38/24.5 Bear Call Spreads
VXX 37/24.5 Bear Call Spread
VXX 36/24 Bear Call Spreads
VXX 31/24 Bear Call Spreads
VXX 19.5 Puts — #VXXContango
VXX 19. Puts — #VXXContango
VXX 18.5 Puts — #VXXContango
VXX 18.0 Puts — #VXXContango
Assignments:
Could have roiled but didn’t get the orders in in time
LABU 20.0 Diagonal Puts – sold at $3.40 last Friday
LABU 22.0 Diagonal Put – – sold at $5.12 last Friday
TQQQ 54.0 Diagonal Puts – sold at $0.42 yesterday
VXX Call Rollups and one closed
Bought to close VXX Feb 11 2022 20.5 Calls / Sold to Open VXX Feb 18 2022 21.0 Calls at $0.13 Credit and pushed the short strike up 0.5 point.
Bought to close VXX Feb 11 2022 21.0 Calls / Sold to Open VXX Feb 18 2022 22.0 Calls at $0.06 Credit and pushed the short strike up 1 point.
Bought to close VXX Feb 11 2022 21.5 Calls / Sold to Open VXX Feb 18 2022 24.0 Calls at $0.02 Credit and pushed the short strike up 2.5 points.
Bought to close VXX Feb 11 2022 22.5 Calls / Sold to Open VXX Feb 18 2022 25.0 Calls at $0.63 Credit and pushed the short strike up 2.5 points.
Bought to close VXX Feb 11 2022 23.0 Calls / Sold to Open VXX Feb 18 2022 26.0 Calls at $0.70 Credit and pushed the short strike up 3 points.
Bought to close VXX Feb 11 2022 23.50 Calls at $0.01
Sold on Monday at $0.29 and $0.30
HON IEX MHK PYPL TRMB UAA Stocks
on the latest plunge:
Added a tiny bit of Dow component and #SP500 stock HON at $187.55
Added a tiny bit of IEX at $190.95
Added a tiny bit of PYPL at $115.00
Started a new position in MHK at $146.00
Started a new position in TRMB at $66.18
Started a new position in UAA at $17.50
All new lows. #FallingKnife
VXX Calls
On the run to 23 in VXX:
Sold VXX Feb 18 2022 27.0 Calls at $0.70 and $0.82
EDIT:
Added:
Sold 1 VXX Feb 18 2022 27.5 Call at $0.80
Sold 1 VXX Feb 18 2022 28.0 Call at $0.77
Back in January, the VIX got briefly above 37(currently 29.45) and VXX only got to 27.84
#OnlySpreads
TNA Put rolldown
Bought to Close 1 TNA Feb 11 2022 63.0 Put at $2.94. Sold last week on a roll at $4.60
Replaced it with 1 short TNA Feb 18 2022 58.5 Put at $2.96 plus lowered the short strike 4.5 Points.
Until 30 minutes ago, it looked like the 63 put was going to expire.
TSLA
Closed my last current short position
Bought to close TSLA Feb 11 2022 930.0 Call at $0.14. Sold last week on a roll at 29.83
Sold to Close a very old, fully paid for long position used as a hedge on several short calls
Sold 1 TSLA Feb 18 2022 1,300 Call at $0.09. It was going to expire worthless anyway.
LABU Put Rolldown
Bought to close 1 LABU Feb 11 2022 21.0 Put at $0.58. Sold last week on a roll at $4.30
Replaced it with 1 short LABU Feb 18 2022 18.0 Put at $0.60 plus gained 3 points on the short strike
APD LUMN WU ZBRA Stock
Started a tiny new position in APD at $249.79
Started a tiny new position in LUMN at $10.74
Started a tiny new position in ZBRA at $440.00
Closed out my highest cost lot in WU at $19.30 for a small gain. I bought it a total of 4 times all the way down to $16.00 in November 2021.
#SP500 #FallingKnife
MMM Stock
Added a tiny bit of Dow component and #SP500 stock 3M at $160.00
#FallingKnife
TNA Put rolled down
Bought to close 1 TNA Feb 11 2022 66.0 Put at $3.39. Sold on a roll last week at $6.73
Replaced it with a short TNA Feb 18 2022 63.0 Put at $3.46 plus 3 points lower on the short strike.
VXX Puts closed
Just taking a little risk off on the put side. If the market stops falling, VXX will collapse again.
Bought to close VXX Feb 11 2022 20.0 Puts at $0.44. Sold these on Monday at $0.50.
I have lots of short puts left at lower strikes for this week .
RIVN Puts Rolled
Bought to close RIVN Feb 11 2022 73.0 Puts at $6.10. Sold these on a roll last Friday at $12.25
Replaced them with short RIVN Feb 18 2022 71.0 Puts at $6.17 and a 2 point lower strike price.
RIVN Call
Sold 1 RIVN Feb 11 2022 68.0 Call at $1.25
Sold 1 RIVN Feb 11 2022 69.0 Call at $1.47
LABU Covered Call Ladder
Sold LABU Feb 18 2022 25.0 Covered Calls at $0.55 and $0.60
Sold LABU Feb 18 2022 26.0 Covered Calls at $0.35, $0.40 and $0.45
Sold LABU Feb 18 2022 27.0 Covered Call at $0.25 and $0.30
All my long stock is covered for next week.
VXX Calls 1DTE
Sold VXX Feb 11 2022 20.5 Calls at $0.31
TQQQ Puts 1DTE
Sold TQQQ Feb 11 2022 55.0 Puts at $0.51
Sold TQQQ Feb 11 2022 54.0 Puts at $0.42 and $0.44
Low trade in TQQQ for this week was about 55.85
Today’s low so far is 59.22
LABU Covered Calls
Couldn’t get anything from this week’s 25 calls so switched to next week.
Sold 1 LABU Feb 18 2022 25.0 Covered Call at $0.50
LABU Call Spread
Bought to open LABU Feb 25 2022 30.0 Calls at $0.12
Sold to Open LABU Feb 11 2022 23.0 Calls at $0.32
I’ve got 20, 21 and 22 short puts that would work very well if I have to cover these short calls.
Plus I have a bunch of long stock from put assignments
ALGN Stock
Sold off my 2nd lot of ALGN at $537.45.
Bought this on Jan 21st at $475.00 which, at the time, was a new low.
Still have a tiny bit left that was bought at $450.00
#SP500
Former #FallingKnife
TQQQ Covered Call Ladder
Sold TQQQ Feb 11 2022 64.0 Call at $0.42
Sold TQQQ Feb 11 2022 64.5 Call at $0.37
Sold TQQQ Feb 11 2022 65.0 Call at $0.26
Sold TQQQ Feb 11 2022 65.5 Call at $0.21
Sold TQQQ Feb 11 2022 66.0 Call at $0.14
Sold TQQQ Feb 11 2022 66.5 Call at $0.14
Not so KOLD anymore
Bought to close KOLD1 (pre-split contracts) Feb 18 2022 7.0 Puts at $0.45. Sold at $0.60 before the latest collapse in KOLD.
Taking a little risk off the table.
XLV Puts early rolldown
Bought to close XLV Feb 11 2022 134.0 Puts at $0.90. Sold last Wednesday on a rolldown at $2.09. (I seem to always be rolling these early)
Sold XLV Feb 18 2022 133.0 Calls at $1.03 and gained a point on the short strike.
VXX Puts and Calls
The VIX is down 5% today as the market rallies. Added these:
Sold VXX Feb 11 2022 18.5 Puts at $0.12
Sold VXX Feb 11 2022 21.0 Calls at $0.32
Total strangle credit for this week: $0.44
VXX Puts
Sold VXX Feb 11 2022 19.0 Puts at $0.26
Bought VXX Sep 16 2022 7.0 Puts at $0.17.
Long DTE = 220
Short DTE = 3
#VXXContango
My short VXX Calls and Puts for this week are now in balance.
TNA Calls
Sold TNA Feb 11 2022 65.0 Calls at $0.61 and $0.87
Sold TNA Feb 11 2022 66.0 Calls at $0.58
Sold TNA Feb 11 2022 67.0 Call at $0.44
FB Stock
Added a tiny bit of FB at $220.57.
#SP500 #FallingKnife
(now 100 points below it’s pre-earnings price)
VXX – More Puts and a call
Sold 1 VXX Feb 11 2022 19.0 Put at $0.25
Sold VXX Feb 11 2022 18.5 Puts at $0.11
Sold against old long VXX Puts from earlier spreads.
30 minutes later:
Sold 1 VXX Feb 11 2022 24.0 Call at $0.25
The VIX is bouncing all over the place.
LABU Call Spread
Bought to open LABU Feb 25 2022 30 Calls at $0.10
Sold to Open LABU Feb 11 2022 22.5 Calls at $0.30
I’ve got 20, 21 and 22 short puts that would work very well if I have to cover these short calls.
VXX Calls
Sold Puts earlier, Calls now
Sold VXX Feb 11 2022 22.5 Diagonal Calls @ $0.42 and $0.43
Sold VXX Feb 11 2022 23.0 Diagonal Calls @ $0.32, $0.33, $0.35 and $0.36
Sold VXX Feb 11 2022 23.5 Diagonal Calls @ $0.29 and $0.30
Sold VXX Feb 11 2022 24.0 Diagonal Calls @ $0.24, and $0.25
VXX Put Spreads
All last weeks’ short puts expired so I’ll hold on to those long puts that are now “free” and do it all over again.
Bought VXX Jun 16 2023 5.0 Puts at $0.40
Sold to Open VXX Feb 11 2022 19.5 Puts at $0.43
Short DTE = 4
Long DTE = 494
Bought VXX Jan 20 2023 6.0 Puts at $0.32
Sold to Open VXX Feb 11 2022 19.5 Puts at $0.43
Short DTE = 4
Long DTE = 347
#VXXContango
CLX FB SWK ZBH Stocks
Added a tiny bit to these at new 52-week lows
Bought CLX at $140.00 (a new 3-year low)
Bought FB at $230.00
Bought SWK at $161.74
Bought ZBH at 112.55
#SP500 #FallingKnife
SPX
Bring the gamma!
Tuesday and Thursday expiries coming to the $CBOE $SPX https://t.co/dcHHNsXYXv—
Pat Hennessy, CMT (@pat_hennessy) February 04, 2022
OptionsExpiration
Reacting to the severe drops in stocks like LABU, RIVN, TNA and TQQQ, I spent most of the week setting up diagonal bear call spreads that all worked to give me some cash flow.
A partial recovery in the market today also helped me to roll my puts in these for small credits.
And once again, I threaded the needle by having VXX close above 20 and below 21.50 and all the VXX puts and calls expired (along with some old long VXX calls left over from previous spreads).
Expired:
LABU 25.0 Covered Calls
LABU 17.0 Diagonal Puts
RIVN 160/74 Bear Call Spread
RIVN 85/73 Bear Call Spread
RIVN 85/72 Bear Call Spread
RIVN 80/67 Bear Call Spread
TNA 105/67 Bear Call Spread
TNA 80/67 Bear Call Spread
TNA 79/67 Bear Call Spread
TNA 66.0 Diagonal Call
TQQQ 75/69 Bear Call Spreads
TQQQ 75/67 Bear Call Spread
TQQQ 74/66.5 Bear Call Spread
TQQQ 66.5 Diagonal Call
TQQQ 66.0 Covered Call
TQQQ 65.5 Covered Call
TQQQ 65.0 Covered Call
VXX 40/29 Bear Call Spread
VXX 39/28 Bear Call Spread
VXX 39/27 Bear Call Spread
VXX 38/26 Bear Call Spread
VXX 38/25.5 Bear Call Spread
VXX 37/25 Bear Call Spread
VXX 36/25 Bear Call Spread
VXX 35/25 Bear Call Spreads
VXX 34/24.5 Bear Call Spreads
VXX 33/24.5 Bear Call Spreads
VXX 32/24.5 Bear Call Spreads
VXX 31/24.5 Bear Call Spreads
VXX 24.0 Diagonal Calls
VXX 23.5 Diagonal Call
VXX 23.0 Diagonal Calls
VXX 22.5 Diagonal Calls
VXX 22.0 Diagonal Calls
VXX 21.5 Diagonal Calls
VXX 20.0 Diagonal Puts – #VXXContango
VXX 19.5 Diagonal Puts – #VXXContango
VXX 19.0 Diagonal Puts – #VXXContango
XLV 131.0 Diagonal Puts
Assignments:
Only 1, and it happened last night
1 TNA 80.50 Put
TSLA Put Closed and Call rolled up
Bought to close 1 TSLA Feb 04 2022 860.0 Put at $0.01. Sold last week on a rolldown after earnings at $50.92
All my short puts are gone.
Bought to close TSLA Feb 04 2022 900.0 Call / Sold to Open 1 TSLA Feb 11 2022 930.0 Call at $0.02 Credit.
At the open today it looked like this would expire.
I have 3 long TSA calls (2 are fully paid for and not worth much) against this 1 short Call
VXX Call Roll
Rolled part of the position up:
Bought to close VXX Feb 04 2022 22.0 Calls at $0.06. Sold last Friday on a rollup at $2.78
Sold to Open Contracts VXX Feb 11 2022 24.5 Calls at $0.32
TNA Call Rollups
Bought to Close 1 TNA Feb 04 2022 62.0 Diagonal Call at $0.03. Sold on Monday at $0.99
Bought to Close 1 TNA Feb 04 2022 63.0 Diagonal Call at $0.01. Sold on Monday at $0.86
Sold to Open 1 TNA Feb 11 2022 66.0 Call at $0.43
Sold to Open 1 TNA Feb 11 2022 67.0 Call at $0.33
TSLA Put
Bought to close 1 TSLA Feb 04 2022 700.0 Put at $0.01. Sold last week at $3.50
Still waiting on and TSLA 860.0 Put to drop to a penny too.
TQQQ Call Ladder rollup
Rolled up some of my covered calls to next week at strikes above this week’s high.
Bought to close 1 TQQQ Feb 04 2022 63.5 Call at $0.02. Sold last Friday at $0.41.
Bought to close 1 TQQQ Feb 04 2022 64.0 Call at $0.01. Sold last Friday at $0.39.
Sold to Open 1 TQQQ Feb 11 2022 66.5 Covered Call at $0.41
Sold to Open 1 TQQQ Feb 11 2022 67.0 Covered Call at $0.37
Stocks
Added to my tiny position in CLX at 144.51 (at a 3-year low)
Added to my tiny position in PYPL at $123.00
Added to my tiny position in SWKS at $132.00
Added to my tiny position in XYL at $88.00
Started a new position in FTV at $65.00
#SP500 #FallingKnife
LABU Long Put
Closed the last of these since it expires tomorrow
Sold to close 1 LABU Feb 04 2022 25.0 Put at $8.00. Bought on 01/05/2022 at $1.20.
I’m guessing I’ll have to roll the short Feb 04 2022 17.0 Puts I thought would expire, but I’ll deal with that tomorrow.
FB Stock
Started a tiny new position in FB at $237.00.
Down 27% and at a new low
#SP500 #FallingKnife
VIX
Futures still in contango for now, even with the VIX up 13% to 24.87
$RUT
A rally to a difficult level where overhead supply comes into play… Fade the move here- our thinking. pic.twitter.com/8CQ0BTgcJL
— Carter Braxton Worth (@CarterBWorth) February 2, 2022
TNA Put Rolldowns
Bought to close 1 TNA Feb 04 2022 67.0 Put at $6.71. Sold on a roll last Friday at $14.95
Sold to Open 1 TNA Feb 11 2022 66.0 Put at $6.73. A small credit but gained a point on the strike.
Bought to close 1 TNA Feb 04 2022 65.0 Put at $4.58. Sold on a roll last Friday at $12.76
Sold to Open 1 TNA Feb 11 2022 63.0 Put at $4.60. A small credit but gained 2 points on the strike.
HON XYL Stock
Started a tiny new position in HON at a new low of $195.28.
Started a tiny new position in XYL at a new low of $93.29
#SP500 #FallingKnife
VXX Calls
Writing against most of my leftover long calls and hoping this move in VXX gets all my short puts for this week expire (or at least drop to a penny)
Sold VXX Feb 04 2022 23.0 Diagonal Calls at $0.20
Sold VXX Feb 04 2022 22.5 Diagonal Calls at $0.29
Sold VXX Feb 04 2022 22.0 Diagonal Calls at $0.35
Sold VXX Feb 04 2022 21.5 Diagonal Call at $0.43
FB
Facebook Plummets 16% After Missing Across The Board, Guiding Below Expectations
ETSY stock
Started a tiny new position in ETSY at $136.00
#SP500 #FallingKnife
XLV early Put rolldown
Given that the market could hit another air pocket at any time I’m taking the opportunity to roll these puts down for another week.
Bought to close XLV Feb 04 2022 134.5 Puts at $1.97. Sold on a rollout last Friday at $6.58
Made back more on this trade than I lost on the Roll last week.
Sold to Open XLV Feb 11 2022 134.0 Puts at $2.09.
XLV has rallied to 132.70 and I still have XLV 131.0 Puts that I hope to let expire.
VRTX Stock
Sold the last of my tiny VRTX stock position at $251.00, a new 52-week high.
Bought this pretty close to the 52-week low at $180.00 on 10/01/2021.
Former #Sp500 #FallingKnife
LABU
Because of last week’s short put assignments I find myself with excess long Puts the expire Friday.
Sold to close 1 LABU Feb 04 2022 25.0 Put at $5.80. Still have more to sell.
Bought this on 12/31 at $0.73.
This helps offset part of the loss on the LABU stock position.
KOLD reflects “White Death” fear in Texas
Ditching spreads on KOLD for this one trade
Sold 1 KOLD Feb 18 2022 23.0 Put at $3.50.
15% return on cash if it expires in a couple of weeks.
VXX Put Spread
Bought VXX Nov 18 2022 5.0 Puts at $0.10
Sold to Open VXX Feb 04 2022 19.0 Puts at $0.18
Short DTE = 2
Long DTE = 289
#VXXContango
TQQQ Calls
Sold TQQQ Feb 04 2022 69 Diagonal Calls at $0.52.
Paired with short puts rolled over last week and long stock.
PYPL Stock
Added the tiniest bit of stock to my small IRA #SP500 Portfolio project
Bought PYPL at $131.00
#FallingKnife
TNA Calls
Sold to Open TNA Feb 04 2022 67.0 Calls at $0.61.
I’ve got short 65.0 and 67.0 Puts as a balance for this week so hoping it’s close to the strike and I have to roll these up on Friday
VXX Put Spreads
Bought to Open VXX Sep 16 2022 7.0 Puts at $0.15 – First Long puts in this month
Sold to Open VXX Feb 04 2022 19.5 Puts at $0.21
Short DTE = 3
Long DTE = 227
If I’m forced to roll the short puts on Friday, I’m happy because that means the market is still rising, which helps my LABU, TNA and TQQQ put positions.
#VXXContango
LABU Covered Calls
Sold LABU Feb 04 2022 25.0 Covered Calls at $0.10.
I’ll take these small gains while waiting for LABU to recover.
ALGN Stock
Peeled off my highest cost lot of #SP500 stock ALGN and sold it at $504.27.
Bought this on 01/18 at $494.00.
I’m keeping lots I bought at $475.00 and $450.00 for a bit longer
Former #FallingKnife
VXX Calls and Puts
Bought VXX Apr 14 2022 13.0 Puts at $0.24
Sold to Open VXX Feb 04 2022 20.0 Puts at $0.31
Bought to Open VXX Mar 18 2022 12.0 Puts at $0.02
Sold to Open VXX Feb 04 2022 19.5 Puts at $0.13
#VXXContango Spreads
Then I sold some calls against long calls left over from previous Bear Call spreads
Sold VXX Feb 04 2022 24.0 Calls at $0.32 and $0.35
Sold VXX Feb 04 2022 24.5 Calls at $0.28 and $0.31
Sold VXX Feb 04 2022 25.0 Calls at $0.26 and $0.28
#DoubleDip trades
RIVN Calls
Sold 1 RIVN Feb 04 2022 74.0 Call at $0.55
VXX Put Spreads
Bought to open VXX Apr 14 2022 12.0 Puts at $0.10
Sold to Open VXX Feb 04 2022 20.0 Puts at $0.14
Short DTE = 4
Long DTE = 73
My first buy of the April contracts. Could they be ITM by April – Absolutely!!
Could the Feb 04 VXX 20’s be ITM by Friday – Absolutely!! – but they can be rolled very easily for additional premium.
#VXXContango
TNA Call Ladder
Sold TNA Feb 04 2022 67.0 Calls at $0.44 & $0.50
Sold 1 TNA Feb 04 2022 66.0 Call at $0.57
Sold 1 TNA Feb 04 2022 65.0 Call at $0.70
Sold 1 TNA Feb 04 2022 64.0 Call at $0.80
Sold 1 TNA Feb 04 2022 63.0 Call at $0.86
Sold 1 TNA Feb 04 2022 62.0 Call at $0.99
Paired with TNA ITM Bull Put spreads rolled over last week.
TQQQ Covered Call Ladder
Sold TQQQ Feb 04 2022 65.0 Call at $0.30
Sold TQQQ Feb 04 2022 65.5 Call at $0.27
Sold TQQQ Feb 04 2022 66.0 Call at $0.24
OptionsExpiration
Expired:
LABU 25.0 Covered Calls
RIVN 73.0 Diagonal Calls
RIVN 185/70 Bear Call Spread
TNA 100/67 Bear Call Spread
TNA 80/67 Bear Call Spread
TQQQ 64.5 Covered Call
TQQQ 65.0 Covered Call
TQQQ 65.5 Covered Call
TQQQ 80/65 Bear Call Spreads
TQQQ 87.5/65 Bear Call Spreads
TSLA 1,200.0 Diagonal Call
VXX 23.5 Diagonal Calls
VXX 24.0 Diagonal Calls
VXX 25.0 Diagonal Calls
VXX 26.0 Diagonal Calls
VXX 26.5 Diagonal Calls
VXX 27.0 Diagonal Calls
VXX 27.5 Diagonal Calls
VXX 37/27.5 Bear Call Spread
VXX 38/27.5 Bear Call Spread
VXX 20.0 Diagonal Puts – #VXXContango
XLV 127.0 Diagonal Puts – the only other put (other than VXX) that expired in this week’s market.
Rolled all the others in RIVN, TNA, TQQQ, TSLA and XLV for tiny credits.
Assignments:
Unable to roll these out a week for any credit –
LABU 34.0 Puts (adjusted stock cost after put premium is 26.30)
LABU 32.0 Put (adjusted stock cost after put premium is 18.60)
VXX Calls for next week
At the close – hitting the bid because I had 3 extra long calls in future weeks
Sold to Open 1 VXX Feb 04 2022 29.0 Call at $0.31
Sold to Open 1 VXX Feb 04 2022 28.0 Call at $0.38
Sold to Open 1 VXX Feb 04 2022 27.0 Call at $0.50
VXX at 22.99
TSLA Put
Bought to close 1 TSLA Jan 28 2022 730.0 Put at $0.01. Sold on Tuesday before earnings at $2.29
TQQQ Covered Call Ladder
Sold TQQQ Feb 04 2022 63.5 Call at $0.41
Sold TQQQ Feb 04 2022 64.0 Call at $0.39
Sold TQQQ Feb 04 2022 64.5 Call at $0.33
TQQQ at 54.50
VXX Call Rollups
Starting rolls because VXX is bouncing and it could get crazy at the close.
Gaining a nice bump in the short strike prices along with the positive cash flow.
Bought to close 1 VXX Jan 28 2022 23.0 Call / Sold to Open 1 VXX Feb 04 2022 25.5 Call at $0.22 Credit
Bought to close 1 VXX Jan 28 2022 22.5 Call / Sold to Open 1 VXX Feb 04 2022 23.5 Call at $0.32 Credit
Bought to Close VXX Jan 28 2022 21.5 Calls / Sold to Open VXX Feb 04 2022 22.0 Calls at $0.05 Credit.
Waiting out my 23.50 and 24.0 Calls until near the close
My Calls at 25.0 and higher will most likely expire.
Hoping for less volatility next week.
It’s crazy KOLD today
Sold KOLD1 Feb 18 2022 5.0 Puts at $0.50.
Sold against fully paid for long KOLD1 May 3.0 Puts.
All my longs are now fully covered
#DoubleDip
TSLA Call
Bought to close 1 TSLA 01/28/2022 1,000.00 Diagonal Call at $0.01.
Sold on a rollup last Friday at $60.67
Leaves a fully paid for TSLA Feb 1200 Call that I might sell or write against again.
Tiny stock buys
Another day, another batch of #SP500 #FallingKnife trades
Added to my positions in:
CDAY at $68.00
ILMN at $319.00
Started new positions in:
AAL at $15.00
MMM at 163.38
SWK at $169.00
VFC at $65.18
WDC at $49.20
It’s KOLD out there
Sold KOLD1 Feb 18 2022 8.0 Put (pre-split contract) at $0.95 against a long August 4.0 Put already long and paid for.
Sold KOLD1 Feb 18 2022 7.0 Puts (pre-split contract) at $0.60 against long May 4.0 Puts already long and paid for.
#DoubleDip
Options Bistro 