Exiting some put spreads. The shorts can’t be rolled to next week as the pre-split strikes aren’t available so I closed the long puts hedging them too.

Bought to close VXX1 Jun 04 2021 9.0 Puts at $0.52. Sold these last week at $0.61.
Bought to close VXX1 Jun 04 2021 8.5 Puts at $0.14. Sold these last week at $0.19.

Sold to close VXX1 Jun 18 2021 9.0 Puts at $0.89 and $0.90. Bought these in November, December and January at $0.40, 0.31 and 0.25

Rolled my short GME Jun 04 2021 230.0 Calls to GME Jun 11 2021 260.0 Calls at $5.75 Credit.
This pushed the short strike to an at-the-money position.

Rolled short SLV Jun 04 2021 25.0 Puts to SLV Jun 11 2021 24.5 Puts at $0.07 Credit.
SLV dipped to 25.07 this morning.

Sold AMC Jun 04 2021 15.0 Puts at $0.10.

Rolled 1 AMC Jun 04 2021 22.0 Call to 1 AMC Jun 11 2021 23.0 Call at $0.25 Credit.
The stock dipped below 39 as this trade executed

Tesla Global EV Market Share Collapses To 11% In April, From 29% In March: Credit-Suisse

Extending the time duration of my long position after I rolled up my short earlier.
Sell to Close 1 GME Jun 11 2021 310 Call at $40.92. Purchased @ $6.88 on 5/25.

Bought to Open 1 GME Jul 02 2021 400 Call for a Net Credit of $0.40

Bought to Open 1 AMC Jul 16 2021 60 Call / Sold to Open 1 AMC Jun 11 2021 40 Call at $1.10 credit.
The short Filled at $26.45 with the stock at 43.

I’ve got over a week before I have to worry about rolling the short.

Last week I rolled up a short GME call to a GME Jun 04 2021 215 Call @ 53.85.
Today I rolled again. Bought back the GME Jun 04 2021 215 Call @ 44.71 and rolled it up 20 points to next week’s GME Jun 11 2021 235 Call for a Net Credit of $1.99

Adding short calls against existing long calls
Sold VXX Jul 02 2021 50.0 Call at $1.44
Sold VXX Jul 09 2021 50.0 Call at $1.75

Sold 1 AMC Jun 04 2021 32 Call at $4.70

Sold to Open all the following covered calls to replace some that expired Friday:
VXX Jul 09 2021 46 Call at $1.99
VXX Jul 02 2021 46 Call at $1.69
VXX Jun 25 2021 46 Call at $1.32
VXX Jun 18 2021 46 Call at $0.93
VXX Jun 11 2021 46 Call at $0.42

Sold to open 1 LABU Jun 04 2021 55.0 Put at $0.85.
That leaves me with a 55.0/66.0 short strangle as my only LABU position for this week.

Closed out an old TLRY long hedge when I liquidated my 06/18/2021 28.0 Calls @ $0.52.
Also sold some TLRY 06/11/2021 24.0 Diagonal Calls @ $0.52 against some long July calls also in the account.

Another spike opening higher but not a powerful as the one Friday.
Bought to open AMC 07/16/2021 38.0 Calls / Sold to open AMC 06/18/2021 27.0 Calls @ 0.30 Credit.
Plenty of rolling or re-write potential.

Rolled 1 VXX 05/28/2021 36.0 Put to next week’s 35.50 Put @ 0.19 Credit
Rolled 1 VXX 05/28/2021 35.50 Put to next week’s 35.0 Put @ 0.29 Credit
Rolled 1 VXX 05/28/2021 35.0 Put to next week’s 34.0 Put @ 0.03 Credit
Rolled 1 VXX 05/28/2021 34.50 Put to next week’s 33.50 Put @ 0.18 Credit

I really bit the big one on these spreads but at least I can roll the shorts one more week.
Rolled 1 AMC 05/28/2021 14.50 Call to 06/11/2021 15.00 Call @ 0.28 Credit
Rolled 1 AMC 05/28/2021 15.00 Call to 06/04/2021 15.00 Call @ 0.40 Credit
Rolled 1 AMC 05/28/2021 15.50 Call to 06/04/2021 16.00 Call @ 0.05 Credit
Rolled 1 AMC 05/28/2021 17.00 Call to 06/04/2021 18.00 Call @ 0.05 Credit.
After A HUGE run up early, the stock actually closed slightly down on the day, so there is hope that there are a lot of trapped buyers above tonight’s close.

Bought to close 1 LABU 05/28/2021 62.0 Put @ 0.05. It won’t trade any lower.
Sold for $2.62 last Friday on a rolldown.

Bought to close 1 TQQQ 05/28/2021 105.0 Call @ 0.01. Sold this week @ 1.03.
Bought to close 1 TQQQ 05/28/2021 95.0 Put @ 0.01. Sold this week @ 0.59

Rolled VXX1 May 28 2021 9.0 Puts to VXX1 Jun 04 2021 9 Puts @ $0.12 Credit

Rolled 1 LABU 05/28/2021 64.0 Call to next week’s LABU 66.0 Call @ $0.21 Credit

Bought to close TLRY 05/28/21 15.50 Puts @ 0.01.
Sold for $0.86 last Friday on a rolldown

Bought to close 1 LABU 05/28/2021 59.0 Put @ 0.05. It won’t trade any lower.
Sold for $1.63 last Friday on a rolldown

Rolled 1 GME May 28 2021 210 Call to next week’s GME Jun 04 2021 215 Call @ $0.40 Credit.
Rolled 1 GME May 28 2021 220 Call to next week’s GME Jun 04 2021 230 Call @ $0.05 Credit

Bought to Open 1 Contract AMC Jul 02 2021 30.0 Call / Sold to Open 1 AMC Jun 04 2021 22.0 Call at $0.20 Credit.
A one month difference between the life of the short and the life of the long gives me ample time to make adjustments in the spread..
By a week from Friday, this run(up almost 40% today) could be history.

Sold to Open 1 LABU May 28 2021 64.0 Call at $0.83.
Selling above the highest short put in this week’s ladder

As the general market fades, meme stocks push higher.
Fading the move with diagonal Bear Call spreads

Bought to Open 1 GME Jun 11 2021 310.0 Call / Sold to Open 1 GME May 28 2021 210.0 Call at $0.95 Credit.
Bought to Open AMC Jul 16 2021 25.0 Calls /Sold to Open AMC Jun 11 2021 16.0 Calls Net Credit at $0.17 Credit.

Sold 1 SQQQ Jun 18 2021 17.00 Covered Call @ 0.26

Sold to Open SLV May 28 2021 25.5 Puts at $0.27.
Looking to add long stock at a better price than today’s low

Sold TLRY May 28 2021 16.5 Covered Calls at $0.27 replacing strike 16.0 calls that expired Friday

Bought to open 1 TQQQ Jul 16 2021 130.0 Call / Sold to Open 1 TQQQ May 28 2021 105.0 Call @ 0.08 Credit.
Hoping the 1o5 call sold for $1.03 expires Friday

Sold AMC May 28 2021 14.5 Calls at $0.80.

AMC Entertainment’s (AMC) largest shareholder Wanda Group has sold most of its shares in the movie theater company, cutting its stake to 0.002% on a diluted basis following AMC’s recent capital raise.

According to a US Securities and Exchange filing Friday, Wanda Group, which formerly held a stake of more than 30% in the company, sold the shares in the open market in the period May 13 through 18 at around $14 per share. Following the sale, the Chinese conglomerate now owns 10,000 shares in AMC

A main monthly expiration as a bunch of long hedges roll off along with the latest shorts.

Expired:
LABU 05/21/2021 70/100 Bear Call Spread
LABU 05/21/2021 67/76 Bear Call Spread
LABU 05/21/2021 60/45 Bull Put Spreads
SQQQ 05/21/2021 13.0 Covered Call
SQQQ 05/21/2021 13.5 Diagonal Calls
TLRY 05/21/2021 16/32 Bear Call Spreads
TNA 05/21/2021 80.0 Diagonal Put
TQQQ 05/21/2021 85/55 Bull Put Spread
VXX1 05/21/2021 11.0/30 Bear Call Spreads
VXX1 05/21/2021 11.5/31 Bear Call Spreads
VXX1 05/21/2021 12.0/32 Bear Call Spreads
VXX1 05/21/2021 12.5/33 Bear Call Spreads
VXX1 05/21/2021 13.0/33 Bear Call Spreads
VXX 05/21/2021 42.0 Covered Calls
VXX 05/21/2021 43.0 Covered Call
VXX 05/21/2021 44.0 Covered Calls
VXX 05/21/2021 46.0 Covered Calls

Last trade before the split
Bought to Close UVXY May 21 2021 4.5 Puts at $0.16. Breakeven with last week’s sale on a rolldown.
Sold to open UVXY May 28 2021 4.5 Puts at $0.42.

Hedged with long September Puts.

Rolled TLRY May 21 2021 16.0 Puts to TLRY May 28 2021 15.5 Puts @ 0.04 Credit

Bought to Close VXX May 21 2021 45.0 Diagonal Calls at $0.01
Bought to Close VXX May 21 2021 46.0 Diagonal Calls at $0.01

Used today’s rally to roll down and take some nice gains on this week’s puts:
Rolled LABU May 21 2021 64.0 Put to LABU May 28 2021 59.0 Put @ 0.16 Credit
Rolled LABU May 21 2021 66.0 Put to LABU May 28 2021 62.0 Put @ 0.10 Credit

All other LABU positions will expire.

Bought to close 1 LABU 05/21/2021 57.0 Put @ 0.05. Sold for $3.50 on 5/17

Sold 1 LABU May 21 2021 67.0 Call at $1.50.
Sold 1 LABU May 21 2021 70.0 Call at $0.90.
Sold against a whole ladder of short puts for this week.

Sold 1 TQQQ May 21 2021 85.0 Put at $0.82

Sold 1 TNA May 21 2021 80.0 Put at $1.68

Sold 1 VXX May 21 2021 42.0 Covered Call at $1.10
Sold VXX May 28 2021 42.0 Covered Calls at $1.86

Sold VXX1 May 21 2021 11.0 Calls at $0.21, 0.22, 0.24 & 0.27
Sold VXX1 May 21 2021 11.5 Calls at $0.18
Sold VXX1 May 21 2021 12.0 Calls at $0.14

==Expired==
LABU 05/14/2021 67.0 Diagonal Call
SQQQ 05/14/2021 12.5 Diagonal Call
TLRY 05/14/2021 32/24 Bear Call Spreads
TLRY 05/14/2021 18.0 Diagonal Calls
VXX1 05/14/2021 11.0 Covered Calls
VXX1 05/14/2021 11.5 Covered Calls
VXX1 05/14/2021 12.0 Covered Calls
VXX1 05/14/2021 12.5 Diagonal Calls
VXX 05/14/2021 40.0 Diagonal Calls

TQQQ 05/14/2021 92.0 Diagonal Put

Bought to close VXX May 14 2021 42.0 Diagonal Calls at $0.01 . Sold these on Wednesday @ $1.33.
Bought to close VXX May 14 2021 41.0 Diagonal Call at $0.01 . Sold this on Wednesday @ $2.74.

Also:
Sold to open VXX 05/21/2021 46.0 Covered Calls @ $0.53.
Adding to my position.

Covered some of the old short pre-split calls to release a bit of margin:
Bought to close VXX1 May 14 2021 10.0 Diagonal Calls Limit at $0.01. Sold these at 0.19.
Bought to close VXX1 May 14 2021 10.5 Diagonal Calls Limit at $0.01. Sold these at 0.28 & 0.40
Bought to close VXX1 May 14 2021 11.0 Diagonal Calls Limit at $0.01. Sold these at 0.20 & 0.24

Bought to close 1 VXX 05/14/2021 46.0 Diagonal Call @ 0.01. Sold this at $ 1.48 earlier this week.

Rolled a SQQQ 05/14/2021 12.0 Covered Call up to a SQQQ 05/21/2021 13.0 Covered Call for a 0.02 Credit.
I also have a short diagonal 12.50 call that likely expires today.

An early assignment on 2 TLRY 05/14/2021 27.50 Puts.
Adjusted Cost on the stock is 15.85 after the put premium.
So I sold 2 TLRY 05/21/2021 16.0 Covered Calls @ 0.31

Rolling down and out to next week:
Rolled 1 LABU 05/14/2021 67.0 Call to 1 LABU 05/21/2021 66.0 Call @ 0.20 Credit
Rolled 1 LABU 05/14/2021 65.0 Call to 1 LABU 05/21/2021 64.0 Call @ 0.30 Credit
Rolled 1 LABU 05/14/2021 62.0 Call to 1 LABU 05/21/2021 60.0 Call @ 0.10 Credit
Rolled 1 LABU 05/14/2021 60.0 Call to 1 LABU 05/21/2021 57.0 Call @ 0.10 Credit

The big unwind of the most speculative names

Bought to close UVXY May 14 2021 5.0 Puts at $0.14. Sold them at $0.63 on a roll out last Friday.
Replaced them with UVXY May 21 2021 4.5 Puts at $0.16.
My Long position against the short are some old June 4.0 and 5.0 Puts.
Little downside risk remains after this big rolldown.

Sold 1 LABU May 14 2021 67.0 Call at $0.52.
Selling against the top end of my Put ladder for this week.

Sold VXX May 14 2021 42.0 Calls at $1.33
Sold VXX1 May 14 2021 10.5 Calls(adj) at $0.29 – so not as good as the post split order.

Sold VXX1 May 14 2021 10.0(adj) Calls at $0.19 just as the market closed.
Strike is equal to 40.0 on the post split stock

DJIA up – SP500($SPY) up – NASDAQ (QQQ, TQQQ) down big
VIX up 11%

Some of these were earlier in the day. Prices are better now:
Sold VXX May 14 2021 40 Diagonal Calls at $0.56
Sold VXX May 14 2021 41 Diagonal Calls at $0.42
Sold VXX May 28 2021 46.0 Covered Calls at $0.95, $0.96 & $1.20
Sold VXX Jun 04 2021 46.0 Covered Call at $1.41
Sold VXX Jul 16 2021 46.0 Covered Call at $3.85

*Expired*
LABU 05/07/2021 100/85 Bear Call Spread
SQQQ 05/07/2021 11.50 Covered Call
SQQQ 05/07/2021 12.00 Diagonal Call
TLRY 05/07/2021 32.0/25.0 Bear Call Spreads
VXX1 05/07/2021 10.50(adj) Covered Calls
VXX1 05/07/2021 11.00(adj) Covered Call
VXX1 05/07/2021 11.50(adj) Covered Calls
VXX1 05/07/2021 26.0/15.0(adj) Bear Call Spreads
VXX 05/07/2021 41.0 Covered Calls
LABU 05/07/2021 50/63 Bull Put Spread
WFC 05/07/2021 30.0/44.50 Bull Put Spreads

*Assignments*
SLB 05/07/2021 29.50 Covered Calls

Everything else was rolled out a week.

I re-sold the LABU 05/07/2021 63.0 Put @ 0.45 that I covered early this morning @ 0.32 after the stock spent all day on the upside.
It now looks like it will expire.

Bought to close 1 LABU May 07 2021 63.0 Put at $0.32. Sold this at $1.30 earlier this week.

Sold to Open 1 LABU May 14 2021 60.0 Put at $1.62

Rolled short LABU 05/07/2021 69.0 Put to next week’s 67.0 Put for a 0.10 Credit
Rolled short LABU 05/07/2021 67.0 Put to next week’s 65.0 Put for a 0.26 Credit
Rolled short LABU 05/07/2021 65.0 Put to next week’s 62.0 Put for a 0.20 Credit.

I still have a 63.0 Put for this week to deal with and a short 85.0 Call that will expire.

Sold these covered calls:
VXX May 21 2021 46.0 Call at $1.76 & $2.06
VXX May 28 2021 46.0 Call at $2.29
VXX Jun 04 2021 46.0 Call at $2.74
VXX Jun 11 2021 46.0 Call at $3.40
Replaces the old pre-split calls that expired Friday