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 🙂
E9pzWtBVIAQH8ci

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.

AMC Calls

Bought to close 1 AMC Aug 20 2021 38 Call at $0.02. Sold last Friday at $1.12.
Bought to close 1 AMC Aug 20 2021 39 Call at $0.01. Sold Tuesday at $1.94.

Replaced them with 1 AMC Aug 27 2021 40.0 Call at $0.56 and 1 AMC Aug 27 2021 41.0 Call at $0.54

I also have short $40 and $42 calls expiring today

VXX Call Rollup

The only short VXX call position I was actually concerned about:
Bought to close VXX Aug 20 2021 28.5 Calls at $0.16. Sold on Monday and Tuesday at $0.53 and $0.65.

Replaced it with VXX Aug 27 2021 31.0 Calls at $0.48.
As 31.14 was the high for VXX this week, this seems like the correct strike.

My expiring 29, 29.5, 30, 30.5 and 31 short calls look safe now

TQQQ

Bought to close TQQQ Aug 20 2021 120.0 Put Net at $0.02 (partial position). Sold Monday at $0.40

Replaced it with TQQQ Aug 27 2021 119.0 Put at $0.74

LABU Rolldowns

Rolled this week’s 52.0 Put to next week’s 50.0 Put for $0.15 Credit
Rolled this week’s 53.0 Put to next week’s 51.0 Put for $0.40 Credit.

I guess I pulled the trigger too soon on the strike 50’s earlier and probably on these too 😦

Also the TNA roll was early too.

TNA LABU Rolldowns

I said these would be easy to roll:
Bought to Close 1 TNA Aug 20 2021 79.0 Put / Sold to Open 1 TNA Aug 27 2021 75.0 Put at $0.05 Credit
Bought to Close 1 LABU Aug 20 2021 50.0 Put / Sold to Open 1 LABU Sep 03 2021 45.0 Put at $0.15 Credit.
(Why are there no strike prices available in LABU below 50 except for the strike 45?? What about a 49 or 48?)

Markets

Market Breath trend is disturbing

bfm2344_1

FMC

Another #SP500 stock hitting a new yearly low.
Bought a small bit of FMC at $90, adding to my position.
#FallingKnife

VXX Call

Had just enough buying power to sell one more call
Sold 1 VXX 08/20/2021 31.0 Diagonal call at $0.39
The market is in rally mode after the soft open.

LABU

One last LABU put for this week
Sold LABU 08/20/2021 50.0 Diagonal Put at $1.42.
#OnlySpreads

COG

Back in this one after exiting it at 18.01 on July 1st.
Bought a bit at a new low of 14.68
#Fallingknife

COG LVS

Marginal New lows on both these #SP500 stocks.
Keeping them on my watch list
#FallingKnife

More TQQQ

Sold a couple :
For this week: Sold 1 TQQQ 08/20/2021 135.0 Diagonal Call @ $1.12
For next week: Sold 1 TQQQ 08/27/2021 120.0 Diagonal Put @ $1.46 ( already short the 120 calls)

TQQQ Early Call Roll

Rolled TQQQ 08/20/2021 120.0 Calls to next week for a $0.93 Credit.
An unusually generous roll premium given that the call is so far in the money.

TNA Puts and Calls

Writing again against my Oct long puts. Easy to roll if I’m wrong.
Sold TNA Aug 20 2021 79.0 Diagonal Put at $0.84.

As an offset Sold TNA Aug 20 2021 85.0 Diagonal Calls at $0.52

So a 79.0/85.0 Strangle premium of $1.36 for the next couple of days

TLRY Calls

Sold TLRY 08/20/2021 15.5 Covered Calls @ 0.09
Sold TLRY 08/27/2021 16.0 Covered Calls @ 0.19
Sold TLRY 09/10/2021 16.0 Diagonal Calls @ 0.48

COIN Put

Sold 1 COIN 08/20/2021 237.5 Diagonal Put at $1.12.
Paired off with my existing COIN 08/20/2021 265.0 Call that gives me a 237.50/265.0 Strangle for Friday with a total premium of $7.22

LABU Call

Sold 1 LABU 08/20/2021 55.0 Diagonal Call at $1.48.
Paired off with my existing LABU 08/20/2021 53.0 Put that gives me a 53/55 Strangle for Friday with a total premium of $2.70

VXX Puts – early roll

Bought to close VXX Aug 20 2021 27.0 Puts at $0.45 (Sold them just a few days ago at $1.52).
Bought to close VXX Aug 20 2021 28.0 Puts at $0.88 (Sold them just a few days ago at $2.42).
Bought to close 1 VXX Aug 20 2021 29.0 Put at $1.42 (Sold it just a few days ago at $3.50).
Replaced them with a one week longer Puts but a point lower for all of them.
Sold VXX Aug 27 2021 26.0 Puts at $0.52
Sold VXX Aug 27 2021 27.0 Puts at $0.95
Sold 1 VXX Aug 27 2021 28.0 Put at $1.49.
#VXXContango

AMC Call

Sold 1 AMC Aug 20 2021 39.0 Diagonal Call at $1.94.
Moving counter to the market right now.

VXX Calls

Getting aggressive with the new upside warning in effect –
Sold VXX Aug 20 2021 29.0 Diagonal Calls at $0.37 and again at $0.54 & 0.74
Sold VXX Aug 20 2021 29.5 Diagonal Calls at $0.33 and again at $0.67
Sold VXX Aug 20 2021 30.0 Diagonal Calls at $0.28.
Easy to roll but likely to expire.

AMC Calls

Sold AMC Aug 20 2021 40.0 Diagonal Call at $1.19.
Sold AMC Aug 20 2021 42.0 Diagonal Calls at $0.84.
Now I need to sell more Puts

TQQQ

Sold TQQQ Aug 20 2021 120.0 Puts at $0.40.
Little risk because I continue to roll my TQQQ short calls every week.
TQQQ at 132

LABU

New Diagonal Spread
Bought 1 LABU Sep 24 2021 40.0 Put at $1.43
Sold 1 LABU Aug 20 2021 52.0 Put at $1.53
An initial credit of 0.10 and the chance to roll the short multiple times.
I also have excess long puts out to December that I can still write against if the stock collapses further, but the stock is at the low end of it’s trading range now with the 6-month low at 50 in mid May

COIN Call

Sold 1 COIN Aug 20 2021 290.0 Diagonal Call at $1.25 replacing the 267.50 Call that expired Friday

VXX Covered Ladder

Since the upside warning is on, covered all my long stock on the open:
Sold VXX Oct 01 2021 34.0 Call at $2.05
Sold VXX Oct 01 2021 45.0 Call at $1.09
Sold VXX Sep 24 2021 41.0 Call at $1.11
Sold VXX Sep 17 2021 38.0 Call at $1.06
Sold VXX Sep 10 2021 34.0 Call at $1.07
Sold VXX Sep 03 2021 30.5 Call at $1.13

OptionsExpiration

Expired:
AMC 08/13/2021 24.0 Diagonal Puts
AMC 08/13/2021 26.0 Diagonal Puts
AMC 08/13/2021 34.0 Diagonal Calls
AMC 08/13/2021 36.0 Diagonal Calls

COIN 08/13/2021 227.5 Diagonal Puts
COIN 08/13/2021 230.0 Diagonal Puts
COIN 08/13/2021 267.5 Diagonal Call
COIN 08/13/2021 300.0 Diagonal Call
COIN 08/13/2021 305.0 Diagonal Call

LABU 08/13/2021 53.0 Diagonal Put
LABU 08/13/2021 65.0 Diagonal Call

SQQQ 08/13/2021 8.5 Covered Call

TLRY 08/13/2021 15.5 Covered Calls
TLRY 08/13/2021 16.0 Covered Calls
TLRY 08/13/2021 23.0 Diagonal Calls

TQQQ 08/13/2021 126.0/90.0 Bull Put Spread

VXX 08/13/2021 31.0 Covered Call
VXX 08/13/2021 33.5 Covered Calls
VXX 08/13/2021 34.0 Covered Calls
VXX 08/13/2021 40.0/50.0 Bear Call Spread
VXX 08/13/2021 40.0/53.0 Bear Call Spread
VXX 08/13/2021 40.0/58.0 Bear Call Spread

TLRY Put rolldown

Rolled TLRY 08/13/2021 13.50 Diagonal Puts to TLRY 08/20/2021 13.0 Puts @ 0.12 Credit

LABU Put Rolldown

Bought to close 1 LABU 08/13/2021 56.0 Diagonal Put at $0.17. Sold this on Wednesday @ $1.44.
Replaced it with 1 short LABU 08/20/2021 53.0 Put at $1.22.

VXX Put Rolls

Rolled 1 VXX 08/13/2021 29.0 Put to next week at $0.25 Credit
Rolled VXX 08/13/2021 28.0 Puts to next week at $0.33 Credit
Rolled VXX 08/13/2021 27.50 Puts to next week’s 27.0 Puts at $0.01 Credit and a $0.50 lower strike
Rolled VXX 08/13/2021 27.0 Puts to next week’s 26.50 Puts at $0.03 Credit and a $0.50 lower strike
Rolled VXX 08/13/2021 26.50 Puts to next week’s 26.0 Puts at $0.14 Credit and a $0.50 lower strike

COIN Call

Anticipating the expiration on my short 267.50 Diagonal call this afternoon –
Sold 1 COIN Aug 20 2021 275.0 Diagonal Call at $4.25

AMC Call

Sold to Open AMC Aug 20 2021 38.0 Diagonal Call at $1.12.
Paired with the strike 24 Puts I sold yesterday for a total 24/38 Strangle premium of $1.39

VXX1 – Old(pre-split) long Puts

Sold another VXX1 09/17/2021 7.0 Put @ $1.04. Bought on 03/05/2021 @ $0.15
#VXXContango

AMC Puts for next week

Sold AMC Aug 20 2021 24.0 Diagonal Puts at $0.27.
Similar puts for this week look to expire.

COIN Call Roll

Not at all confident that these will expire tomorrow so rolling them up another 10 points
Bought to close COIN Aug 13 2021 255.0 Diagonal Call at $6.00. Sold last week at $13.44 on a rollup.

In place of it sold to Open 1 COIN Aug 20 2021 265.0 Call at $6.10.

Looking for this week’s 267.50, 300 and 305 calls to expire tomorrow.

VXX1 – Old(pre-split) long Puts

Sold 1 of my VXX1 09/17/2021 7.0 Puts @ 0.97. Acquired the entire position on these on 03/05/2021 @ $0.15 as the long side of a long expired diagonal spread.

Sold to close some VXX1 Sep 17 2021 6.0 Puts at $0.31. Acquired the entire position on these on 01/15/2021 @ $0.09 as the long side of another long expired diagonal spread.

Sold to close VXX1 Jan 21 2022 4.0 Puts at $0.29. Bought this lot on 03/30/2021 @ $0.08.

I’ll try to scale out of more at higher prices.
#VXXContango

TQQQ Roll

Rolled TQQQ 08/13/2021 120.0 Diagonal Calls out another week at $0.40 Credit.
TQQQ is still too high to roll it up

COIN

One day scalp
Sold COIN Aug 13 2021 227.5 Diagonal Puts at $0.15.
Paired with short 300 and 305 calls that also expire tomorrow.
So no additional spread margin