Sold TLRY Sep 17 2021 11.5 Diagonal Puts at $0.19 & again at $0.21
Author Archives: Option Iceman
TNA Put
Sold 1 TNA Sep 17 2021 82.0 Diagonal Put at $1.72.
Paired with my short diagonal 88.0 Call for this week I now have a short 82/88 strangle with a $5.24 premium
Markets
Today’s chart.
What options on the top 5 stocks have the most trading volume?
VXX Covered Call Ladder
Sold 1 VXX Sep 17 2021 29.0 Call at $0.72
Sold 1 VXX Sep 24 2021 34.5 Call at $0.67
Sold 1 VXX Oct 01 2021 35.0 Call at $1.01
Sold 1 VXX Oct 08 2021 36.0 Call at $1.23
Sold 1 VXX Oct 15 2021 37.0 Call at $1.41
COIN Put
Sold 1 COIN Sep 17 2021 225.0 Diagonal Put at $1.15.
Replaces the COIN 09/10/2021 247.5 Diagonal Put that expired Friday
#DoubleDip #OnlySpreads
LABU Put
Sold 1 LABU Sep 17 2021 59.0 Diagonal Put at $1.10.
Paired with a couple of BCS positions for this week and replacing part of the 58.5 puts that expired Friday
OptionsExpiration
A small list because of all the rolls to next week.
AMC 09/10/2021 68/52 Bear Call Spread
COIN 09/10/2021 280.0 Diagonal Call
COIN 09/10/2021 350/275 Bear Call Spread
COIN 09/10/2021 247.5 Diagonal Put
LABU 09/10/2021 74.0 Diagonal Call
LABU 09/10/2021 71.0 Diagonal Calls
LABU 09/10/2021 58.5 Diagonal Puts
TLRY 09/10/2021 26/16 Bear Call Spreads
TLRY 09/10/2021 16.0 Covered Calls
TNA 09/10/2021 91.0 Diagonal Call
VXX 09/10/2021 45/34 Bear Call Spread
VXX 09/10/2021 45/32.5 Bear Call Spreads
VXX 09/10/2021 45/28.5 Bear Call Spreads
VXX 09/10/2021 24.0 Diagonal Puts
VXX Calls
VIX & VXX Spike so had to roll a couple and chose to roll others for a big jump in strike for next week.
Bought to close VXX Sep 10 2021 25.5 Calls at $0.96 (sold at 0.78)
Bought to close VXX Sep 10 2021 26.0 Calls at $0.52 & 0.56 (sold at 0.52 & 0.53)
Bought to close VXX Sep 10 2021 26.5 Calls at $0.19 (sold at 0.32)
Bought to close VXX Sep 10 2021 27.0 Calls at $0.12 (sold at 0.24)
Bought to close VXX Sep 10 2021 27.5 Calls at $0.04 (sold at 0.16)
Bought to close VXX Sep 10 2021 28.0 Calls at $0.02 (sold at 0.36)
Bought to close VXX Sep 10 2021 28.5 Calls at $0.02 (sold at 0.27)
Sold VXX Sep 17 2021 27.5 Calls at $1.01
Sold VXX Sep 17 2021 29.0 Calls at $0.77
Sold VXX Sep 17 2021 30.0 Calls at $0.59
Sold VXX Sep 17 2021 30.5 Calls at $0.62
Sold VXX Sep 17 2021 31.0 Calls at $0.49
Sold VXX Sep 17 2021 32.5 Calls at $0.66
Sold VXX Sep 17 2021 33.5 Calls at $0.33
TQQQ Call Rollup
Bought to Close TQQQ Sep 10 2021 148.0 Diagonal Call at $1.63. Sold last Friday on a roll at $4.84
To replace it, Sold to Open 1 TQQQ Sep 17 2021 150.0 Call at $3.09.
A 2 point gain on the strike plus $1.46 Credit
VXX Calls
Bought to close VXX 09/10/2021 32.5 Diagonal Calls @ 0.01. Sold on 08/26 for an average of $0.61.
Sold VXX 09/17/2021 33.0 Calls @ 0.35 and
Sold VXX 09/17/2021 33.5 Calls @ 0.33
LABU Call
One more LABU Roll
Bought to close 1 LABU Sep 10 2021 67.0 Call at $0.12. Sold last week on a roll at $3.85
Replaced it with 1 LABU Sep 17 2021 70.0 Call at $1.17.
The 67 call would probably have expired but I don’t know if I could have gotten such a nice premium on the 70 next Monday.
#OnlySpreads
TNA Rollups
Bought to close 1 TNA Sep 10 2021 88.0 Diagonal Call at $1.22. Sold on a roll last week at $7.31
Bought to Close 1 TNA Sep 10 2021 86.0 Diagonal Call at $3.42. Sold on a roll last week at $8.76
Replaced them with:
1 TNA Sep 17 2021 93.0 Call at $1.27
1 LABU Sep 17 2021 88.0 Call at $3.52
LABU Rollups
Bought to close 1 LABU Sep 10 2021 62.0 Diagonal Call at $2.65. Sold on a roll last week at $8.43
Bought to Close 1 LABU Sep 10 2021 58.5 Diagonal Call at $6.24. Sold on a roll last week at $10.94
Replaced them with:
1 LABU Sep 17 2021 65.0 Call at $2.70
1 LABU Sep 17 2021 59.0 Call at $6.70
VXX Calls
Sold VXX Sep 10 2021 27.5 Diagonal Calls at $0.16
Sold VXX Sep 10 2021 27.0 Diagonal Calls at $0.24
Sold VXX Sep 10 2021 26.5 Covered Calls at $0.32
Sold VXX Sep 10 2021 26.0 Covered Calls at $0.52 & $0.53.
Expires tomorrow.
Markets
The chart says it all
VXX Calls
Sold VXX Sep 10 2021 28.5 Covered Calls at $0.27.
I will add if given the chance at a higher price.
LABU Puts
Sold LABU Sep 10 2021 58.5 Puts at $0.35
Paired with a number of short Calls for this week.
COG
Back out of this stock after exiting it at 18.33.
Bought a bit at a new low of 14.68 on Aug 19th and I was never able to average down.
This is my 2nd successful swing trade of this former #Fallingknife
COIN Put
Sold 1 COIN Sep 10 2021 247.5 Diagonal Put at $1.82.
Paired with the COIN 275.0 Call I rolled up to last week at $8.10 for a 247.5/275.0 Strangle with a total Credit of $9.92
https://www.zerohedge.com/crypto/bitcoin-shaken-after-coinbase-ceo-slams-sec-engaging-intimidation-tactics-behind-closed
VZ
Putting this high yield #FallingKnife on my watch list.
Only about 2% above the 52-week low
VIX
The VIX index increased by 10 percent this morning.
I don’t know if this is going anywhere but it bears watching.
VXX Calls
Sold VXX Sep 17 2021 32.5 Covered Calls at $0.36 replacing some that expired Friday.
HRL
The only #SP500 stock to hit a 52-week low in quite a while
Bought a bit at 42.50
#Fallingknife
OptionsExpiration
Expired:
AMC 09/03/2021 60/47 Bear Call Spread
AMC 09/03/2021 50/44 Bear Call Spread
AMC 09/03/2021 40.0 Diagonal Puts
AMC 09/03/2021 39.0 Diagonal Puts
COIN 09/03/2021 350/280 Bear Call Spread
COIN 09/03/2021 195/237.5 Bull Put Spread
LABU 09/03/2021 45.0 Diagonal Put
TLRY 09/03/2021 23/16 Bear Call Spreads
TNA 09/03/2021 85.0 Diagonal Put
TQQQ 09/03/2021 118.0 Diagonal Puts
VXX 09/03/2021 53/35 Bear Call Spread
VXX 09/03/2021 53/32.5 Bear Call Spread
VXX 09/03/2021 40/32.5 Bear Call Spreads
VXX 09/03/2021 40/30 Bear Call Spread
VXX 09/03/2021 27.5 Covered Calls
VXX 09/03/2021 24.0 Diagonal Puts #VXXContango
AMC Call Roll
Bought to close AMC Sep 03 2021 44.0 Call at $0.15. Sold at 3.42 on 08/30.
To replace it, Sold to Open AMC Sep 10 2021 49.0 Call at $1.55
COIN Call Roll
Bought to close 1 COIN Sep 03 2021 275.0 Call/ Sold 1 COIN Sep 10 2021 280.0 Call at $2.01 Credit + 5.00 better strike
AMC Calls
Bought to close AMC Sep 03 2021 45.0 Calls at $0.01. Sold at $1.67
Bought to close AMC Sep 03 2021 46.0 Call at $0.01. Sold at $2.04
Bought to close AMC Sep 03 2021 48.0 Call at $0.01. Sold at $2.54
VXX Calls
Bought to close VXX Sep 03 2021 27.0 Covered Calls at $0.01.
Sold to Open VXX Sep 10 2021 28.5 Covered Calls at $0.19
COIN Call Roll
Bought to close 1 COIN Sep 03 2021 270.0 Call/ Sold 1 COIN Sep 10 2021 275.0 Call at $1.10 Credit + 5.00 better strike
TQQQ Call Rolls
Bought to close 1 TQQQ Sep 03 2021 146.0 Call / Sold 1 TQQQ Sep 10 2021 148.0 Call at $0.05 Credit + 2.00 better strike
Bought to close 1 TQQQ Sep 03 2021 141.0 Call / Sold 1 TQQQ Sep 10 2021 142.0 Call at $0.05 Credit + 1.00 better strike
VXX Put rolls
Rolled VXX 09/03/2021 25.0 Puts to VXX 09/10/2021 24.0 Puts @ 0.02 Credit and lowered the short strike 1.00 for next week’s short trading week.
Rolled VXX 09/03/2021 26.0 Puts to VXX 09/10/2021 25.5 Puts @ 0.22 Credit and lowered the short strike 0.50 for next week’s short trading week.
Letting this week’s 24.0 puts expire
#VXXContango
TNA Call Rolls
Bought to close TNA Sep 03 2021 85.5 Call / Sold TNA Sep 10 2021 86.0 Call at $0.10 Credit + 0.50 better strike
Bought to close TNA Sep 03 2021 87.5 Call / Sold TNA Sep 10 2021 88.0 Call at $0.20 Credit + 0.50 better strike
More LABU Rolls
Bought to close LABU Sep 03 2021 61.5 Call / Sold LABU Sep 10 2021 62.0 Call at $0.23 Credit + 0.50 better strike
Bought to close LABU Sep 03 2021 67.5 Call / Sold LABU Sep 10 2021 71.0 Call at $0.10 Credit + 3.50 better strike
SLV Puts
Rolled SLV short 23.0 Puts to next week @ 0.10 Credit
Rolled SLV short 22.5 Puts to next week @ 0.17 Credit
LABU Call
Bought to close 1 LABU 09/03/2020 69.5 Call @ $0.77. Sold on 09/01 @ $0.98.
Replaced it with 1 short LABU 09/10/2021 74.0 Call @ $1.12
VXX Calls
Bought to close 1 VXX Sep 03 2021 46.0 Covered Call at $0.01. Sold on 08/02 at $1.14
Bought to close VXX Sep 03 2021 32.5 Covered Calls at $0.01. Sold on 08/24 & 08/25 at $0.24 and $0.26
Scalping a bit more premium selling 1 VXX Sep 03 2021 27.0 Covered Call @ 0.08
and selling VXX Sep 03 2021 27.5 Covered Calls @ 0.06 for tomorrow.
Also sold VXX Sep 10 2021 28.0 Diagonal Calls at $0.36 for next week’s short trading week.
COIN Call
Sold 1 COIN Sep 03 2021 275.0 Diagonal Call at $3.07
LABU Calls
Sold 1 LABU Sep 03 2021 69.5 Call at $0.98
Sold 1 LABU Sep 03 2021 67.5 Call at $2.70
AMC Puts
Looking to balance out my too numerous short calls
Sold AMC Sep 03 2021 40.0 Puts at $0.37
Sold AMC Sep 03 2021 39.0 Puts at $0.31
VXX Puts
Sold VXX SEP 03 2021 24.0 Puts at $0.14
VXX early Put roll
Rolled 1 VXX 09/03/2021 27.5 Put to 1 VXX 09/10/2021 27.0 Put @ 0.07 Credit and lowered the short strike 0.50 for an extra week
LABU Call
Sold 1 LABU Sep 03 2021 67.5 Call at $1.57
LABU at the top of it’s recent range
TLRY Option Ladder
Sold TLRY Sep 17 2021 16.0 Calls at $0.21, $0.25 and $0.30.
Extending my Covered Ladder
VXX1 – Old(pre-split) long Puts
Yesterday at the close:
Sold to close VXX1 Jan 21 2022 4.0 Puts at $0.34 (partial position).
Bought this lot on 03/30/2021 @ $0.08.
I’ll try to scale out of more at higher prices.
#VXXContango
VXX Contango Trade
Bought to open VXX Jan 21 2022 10.0 Puts / Sold to Open VXX Sep 03 2021 24.0 Puts at $0.02 Credit
Long DTE = 144
Short DTE = 4
VXX at 25.75
#VXXContango
COIN Calls
Sold 1 COIN Sep 03 2021 270.0 Diagonal Call at $2.85
Sold 1 COIN Sep 03 2021 280.0 Diagonal Call at $1.05
COIN and TNA Puts
Sold 1 COIN Sep 03 2021 237.5 Diagonal Put at $0.95.
Replaces the COIN 08/27/2021 180.0/247.5 Bull Put Spread that expired Friday.
Sold 1 TNA Sep 03 2021 85.0 Diagonal Put at $0.83
Replaces the TNA 08/27/2021 75.0 Diagonal Put that expired Friday and is paired with a some short calls for this week.
AMC Calls
Sold 1 AMC Sep 03 2021 44.0 Diagonal Call at $3.42
Sold 1 AMC Sep 03 2021 46.0 Diagonal Call at $2.04
Replaces the AMC 08/27/2021 41.0 Diagonal Call and AMC 08/27/2021 42.0 Diagonal Call that expired Friday
Premiums are much higher this week than last week.
VXX1 (pre-split) Puts
Several trades as I squeeze a bit more premium out of these:
Sold to close my last VXX1(pre-split) 09/17/2021 7.0 Put at $0.92
Acquired the entire position on these on 03/05/2021 at $0.15 as the long side of a long expired diagonal spread.
Sold to open VXX1 Sep 17 2021 6.0 Puts at $0.18 and $0.19
Sold against long VXX1 January 21 2022 6.0, 7.0 and 8.0 puts so no downside risk
#VXXContango
OptionsExpiration
The JHole meeting caused me to have to roll a lot of positions that were on the edge of expiring. TNA and LABU were up over 7% today.
== Expired ==
AMC 08/27/2021 41.0 Diagonal Call
AMC 08/27/2021 42.0 Diagonal Call
AMC 08/27/2021 43.0 Diagonal Call
COIN 08/27/2021 277.5 Diagonal Call
COIN 08/27/2021 180.0/247.5 Bull Put Spread
LABU 08/27/2021 51.0 Diagonal Put
LABU 08/27/2021 50.0 Diagonal Put
SQQQ 08/27/2021 9.5 Covered Call
TLRY 08/27/2021 23.0/16.0 Bear Call Spreads
TLRY 08/27/2021 11.0/12.5 Bull Put Spreads
TNA 08/27/2021 75.0 Diagonal Put
TQQQ 08/27/2021 90.0/120.0 Bull Put Spreads
VXX 08/27/2021 61.0/31.0 Bear Call Spreads
VXX 08/27/2021 60.0/31.0 Bear Call Spreads
VXX 08/27/2021 31.0 Covered Calls
VXX 08/27/2021 30.5 Covered Calls
VXX 08/27/2021 30.0 Covered Calls
VXX 08/27/2021 29.5 Covered Calls
VXX 08/27/2021 23.0/25.5 Bull Put Spreads
VXX 08/27/2021 22.0/25.5 Bull Put Spreads
VXX 08/27/2021 21.0/25.5 Bull Put Spreads
VXX 08/27/2021 20.0/25.0 Bull Put Spreads
AMC Call Rollup
Bought to Close AMC Aug 27 2021 40.0 Diagonal Calls at $0.43. Sold at $0.56 and $1.10 in the last 5 days.
Sold to Open AMC Sep 03 2021 45.0 Diagonal Calls at $1.67 to replace them.
Bumped the short strike 5 Points.
Letting my short 41, 42 and 43 calls expire
LABU Call Roll
Bought to close 1 LABU Aug 27 2021 57.5 Call / Sold to Open 1 LABU Sep 03 2021 58.5 Call at $0.05 Credit
TQQQ Call roll
Bought to Close 1 TQQQ Aug 27 2021 143.0 Call at $1.85(breakeven) / Sold to Open 1 TQQQ Sep 03 2021 146.0 Call at $2.07 for a $0.22 Credit and added 3 points to the short strike and pushed it back out of the money.
TQQQ Put
Bought to close 1 TQQQ Aug 27 2021 119.0 Put at $0.01. Sold last Friday at $0.74.
I’m letting my short 120 Put expire.
VXX Puts
Bought to Close VXX Aug 27 2021 26.0 Diagonal Puts at $0.32. Sold last week on a rolldown at $0.52
Replaced them with new VXX Sep 03 2021 25.0 Diagonal Puts at $0.43.
Sold to close another VXX1(pre-split) 09/17/2021 7.0 Put at $0.86 (partial position).
Acquired the entire position on these on 03/05/2021 at $0.15 as the long side of a long expired diagonal spread.
VXX
one last set of call scalps for tomorrow
Sold VXX 08/27/2021 29.5 Calls at $0.22
Sold VXX 08/27/2021 30.0 Calls at $0.12
VXX at 27.40
VXX Call Ladder and Put rolls
Sold VXX Sep 03 2021 32.5 Calls at $0.28 & 0.30
Sold VXX Sep 10 2021 32.5 Calls at $0.60, 0.63 & 0.72
Sold VXX Sep 17 2021 32.5 Calls at $1.03, 1.16 & 1.31.
Rolled this week’s VXX Aug 27 2021 28.0 Put to next week’s VXX Sep 03 2021 27.5 Put @ 0.14 Credit and a 0.50 gain on the short strike
Rolled this week’s VXX Aug 27 2021 27.0 Puts to next week’s VXX Sep 03 2021 26.0 Put @ 0.02 Credit and a 1.00 gain on the short strike.
Waiting on the remainder of this week’s puts to see if they can expire.
VXX Call Ladder
Sold 1 VXX Sep 03 2021 32.5 Call at $0.24
Sold 1 VXX Sep 10 2021 32.5 Call at $0.54
Markets
People are buying stocks at these prices because values are superb 🙂
LABU Call
Sold 1 LABU Aug 27 2021 60.0 Diagonal Call at $2.21.
Paired with the LABU 50.0 put I rolled into last Friday at $3.10 that gives me a 50/60 short strangle for a $5.31 Premium for this Friday.
VXX Call
Bought to close 1 VXX Aug 27 2021 42.0 Covered Call at $0.01. Sold on 08/02 at $1.04
COIN Put
Sold 1 COIN Aug 27 2021 247.5 Put at $2.50.
Paired with the short COIN Aug 27 2021 277.5 Diagonal Call sold at $2.74 yesterday I now have a 247.5/277.5 Strangle for a total premium of $5.24 for this week.
TLRY Covered Call Ladder
Sold TLRY Sep 03 2021 16.0 Covered Calls at $0.13
Sold TLRY Sep 10 2021 16.0 Covered Calls at $0.23
Already short this week’s strike 16 calls.
AMC VXX late trades
Sold 1 AMC Sep 03 2021 40 Diagonal Call at $2.66
Sold VXX Aug 27 2021 30.0 Calls @ 0.21, 0.22 & 0.23
Sold VXX Aug 27 2021 30.5 Calls @0.19
TNA Call
Sold 1 TNA Aug 27 2021 86.5 Diagonal Call at $0.95
AMC Call
Sold 1 AMC Aug 27 2021 40.0 Diagonal Call at $1.10 replacing a similar call the expired Friday
AMC is at 37.50
VXX Puts
Sold VXX 08/27/2021 25.5 Diagonal Puts at $0.26, 0.28 and 0.30
LABU
Sold 1 LABU Aug 27 2021 57.5 Diagonal Call at $2.60.
Paired with the LABU 51.0 put I rolled into Friday at $2.90 that gives me a 51/57.5 short strangle for a $5.50 Premium for this week.
AMC COIN
Sold 1 AMC Aug 27 2021 43.0 Diagonal Call at $0.53.
Sold 1 COIN Aug 27 2021 277.5 Diagonal Call at $2.74
Replaces a similar calls that expired Friday.
VXX1 – Old(pre-split) long Puts
Sold to close 1 of my VXX1 09/17/2021 7.0 Puts at $0.76 (partial position).
Acquired the entire position on these on 03/05/2021 at $0.15 as the long side of a long expired diagonal spread.
Sold to close the last of my VXX1 Sep 17 2021 6.0 Puts at $0.16.
Acquired the entire position on these on 01/15/2021 at $0.09 as the long side of another long expired diagonal spread.
I will start selling more of the 6.0 Puts against long January VXX1 puts I still hold.
#VXXContango
OptionsExpiration
Expired:
AMC 08/20/2021 42.0 Diagonal Calls
AMC 08/20/2021 40.0 Diagonal Call
AMC 08/20/2021 10.0/24.0 Bull Put Spreads
COIN 08/20/2021 295.0 Diagonal Call
COIN 08/20/2021 300.0/275.0 Bear Call Spread
COIN 08/20/2021 300.0/265.0 Bear Call Spread
COIN 08/20/2021 145.0/237.5 Bull Put Spread
LABU 08/20/2021 55.0 Diagonal Call
SQQQ 08/20/2021 9.0 Covered Call
TLRY 08/20/2021 15.5 Covered Calls
TLRY 08/20/2021 23.0 Covered Calls
TLRY 08/20/2021 10.0/12.5 Bull Put Spreads
TNA 08/20/2021 106.0/85.0 Bear Call Spreads
TQQQ 08/20/2021 120.0 Diagonal Puts
VXX 08/20/2021 60.0/46.0 Bear Call Spreads
VXX 08/20/2021 56.0/38.0 Bear Call Spread
VXX 08/20/2021 55.0/31.0 Bear Call Spreads
VXX 08/20/2021 54.0/30.5 Bear Call Spreads
VXX 08/20/2021 30.5 Diagonal Calls
VXX 08/20/2021 30.0 Covered Calls
VXX 08/20/2021 29.5 Covered Calls
VXX 08/20/2021 29.0 Covered Calls
VXX 08/20/2021 22.0/26.5 Bull Put Spreads
VXX 08/20/2021 24.0/26.5 Bull Put Spreads
VXX 08/20/2021 26.5 Diagonal Puts #VXXContango
VXX 08/20/2021 26.0 Diagonal Puts #VXXContango
VXX 08/20/2021 25.0 Diagonal Put #VXXContango
TLRY Put Roll
Last trade today
Rolled TLRY 08/20/2021 13.0 Puts to TLRY 08/27/2021 12.50 Puts at $0.08 Credit but lowered the strike 0.50 to below the current stock price.
At least my short 12.50 puts for this week will expire.
TQQQ Call Roll
Never thought I would have to roll this after TQQQ started out at 127 yesterday morning.
Bought to close 1 TQQQ 08/20/2021 135.0 Diagonal Call at $0.58. Sold this on Wednesday at $1.12
Replaced it with TQQQ Aug 27 2021 140.0 Call at $1.07
Paired with the 119.0 Put I rolled to this morning that gives me a 119/140 Strangle premium of $1.81 for 1 week.
TNA Call
Sold 1 TNA 08/27/2021 85.0 Diagonal Call at $0.91.
Paired with the 75.0 Put I rolled to this morning that gives me a 75/85 Strangle premium of $3.76 for 1 week.
I also have a short 85 call expiring today
VXX Calls
Sold to Open VXX Sep 10 2021 32.5 Covered Calls at $1.13.
The strike is right at the VXX high for the last month.
Options Bistro 