VXX Calls Closed

Bought to close VXX 02/12/2021 18.50 Diagonal Calls @ 0.01. Sold these at 0.16, 0.18 & 0.30

VXX Calls Closed

Bought to close VXX 02/12/2021 19.00 Diagonal Calls @ 0.01
Bought to close VXX 02/12/2021 19.50 Diagonal Calls @ 0.01

VXX Calls

Since my puts are already rolled out I’m starting new call positions to pair up with them.
Bought to open VXX Mar 19 2021 50.0 Calls/ Sold to Open VXX Feb 19 2021 20.0 Calls at $0.15 Credit.

Once my buy orders for this week’s calls start filling at a penny, I’ll sell more for next week.

VXX Put Rolls

Rolled VXX 02/12/2021 22.00 Puts to 02/19/2021 22.00 Puts for 0.20 Credit
Rolled VXX 02/12/2021 21.00 Puts to 02/19/2021 21.00 Puts for 0.25 Credit
Rolled VXX 02/12/2021 19.50 Puts to 02/19/2021 19.50 Puts for 0.30 Credit
Rolled VXX 02/12/2021 19.00 Puts to 02/19/2021 19.00 Puts for 0.35 Credit.

Not enough strength in VXX to roll any of them down this week, but not a bad cash flow for only 5 more trading days (Presidents Day holiday next Monday)

I’m expecting to cover all this week’s paired up short calls by early tomorrow.

TLRY

Sold to open TLRY 02/12/2021 80/100 Bear Call spreads @ 0.53 Credit.
TLRY at 43 and gave up all the 20 points it gained yesterday.
These pair off with the Put spreads I did yesterday giving me a short Iron Condor spread

GME Puts

Bought to close GME 02/12/2021 19.00 Puts @ 0.01. Sold these on 02/04 at 0.40 & 0.46
Bought to close GME 02/12/2021 20.00 Puts @ 0.01. Sold these on 02/04 at 0.52,0.54 & 0.83

TLRY

Bought to open TLRY Mar 19 2021 14 Put / Sold to Open 1 TLRY Feb 12 2021 38 Put @ 0.05 Credit
Bought to open TLRY Mar 19 2021 13 Put / Sold to Open 1 TLRY Feb 12 2021 37 Put @ 0.10 Credit

TLRY up 20 @ 62
Just playing around a little with a new name

Will need strikes higher than 100 on the call side before I play those

GME Puts closed

Bought to close 02/12/2021 16.0 Diagonal Puts @ 0.01. They won’t trade any lower.
Sold these on 02/04 @ 0.46 & 0.47

SPY Rollup

Bought to close 1 SPY Feb 10 2021 385 Call / Sold to Open 1 SPY Feb 12 2021 386 Call @ 0.02 Credit but pushed the short up a point for only 2 more days to expiration.

VXX Calls

Used the temporary spike in VXX to 17 to sell some diagonal calls against Feb and March long positions still in the account from old spreads.
#DoubleDip
Sold VXX 02/12/2021 20.0 Calls @ 0.14
Sold VXX 02/12/2021 19.50 Calls @ 0.14
Sold VXX 02/12/2021 19.0 Calls @ 0.18 & 0.23
Sold VXX 02/12/2021 18.50 Calls @ 0.18 & 0.30
Sold VXX 02/12/2021 18.00 Calls @ 0.25, 0.30 & 0.35

VXX Contango Special

Bought to open VXX Jun 18 2021 9 Puts / Sold to Open VXX Feb 12 2021 16.0 Puts @ 0.03 Credit.
Short DTE = 3
Long DTE = 129
#VXXContango

Is Robinhood effect over?

Week ending 02/05:
Ethereum $ETH: +30%
Bitcoin $BTC: +14%
S&P 500 $SPY: +5%
Macerich $MAC: -17%
Tootsie Roll $TR: -21%
Bed Bath $BBBY: -25%
Nat. Beverage $FIZZ: -28%
Vol Index $VIX: -37%
New Concept $GBR: -39%
Express $EXPR: -48%
AMC $AMC: -48%
Koss $KOSS: -69%
GameStop $GME: -80%

VIX

$VIX futures contango settled at 10.58%
Headwind for $VXX and $UVXY

EtfkvmtXUAMQ-w1

Options Expiration:

== Expired ==
GME 02/05/2021 520/530 Bear Call Spread
SLB 02/05/2021 25.50 Diagonal Calls
VXX 02/05/2021 20.0 Diagonal Calls
VXX 02/05/2021 21.0 Diagonal Calls
VXX 02/05/2021 22.0 Diagonal Call
VXX 02/05/2021 24.0 Diagonal Calls
VXX 02/05/2021 25.0 Diagonal Calls
VXX 02/05/2021 26 Diagonal Calls
WFC 02/05/2021 33.0 Diagonal Calls

GME 02/05/2021 8.0 Short Puts
GME 02/05/2021 9.0 Short Puts
GME 02/05/2021 10.0 Short Puts
GME 02/05/2021 11.0 Short Puts
GME 02/05/2021 40.0 Diagonal Put
SLB 02/05/2021 25.0 Short Puts

== Assignments ==
GME 02/05/2021 40.0 Covered Call (put the trade on this week for $38 debit)
SLB 02/05/2021 20.50 Covered Calls (dumping long stock purchased several years ago at much higher prices. Redeploying the resulting cash)

AMC

Somebody made a buck or two getting out
Ticker Top Insider Trading Date Transaction Value($)
OTLK Sukhtian Ghiath M. Feb 02 Buy 8,360,000
BDGE BASSWOOD CAPITAL MAN Feb 02 Buy 6,915,225
MSM JACOBSON MITCHELL Jan 29 Buy 5,290,780
AMC Silver Lake Group, L Jan 27 Sale 534,752,119
DCT Disco (Guernsey) Hol Feb 02 Sale 273,264,840

VXX Puts Rolled down

Bought to close 02/05/2021 17.50 Diagonal Puts / Sold VXX 02/12/2021 17.0 Puts @ 0.01 Credit
Bought to close 02/05/2021 17.0 Diagonal Puts / Sold VXX 02/12/2021 16.50 Puts @ 0.06 Credit

VXX Calls Closed

Bought to close 02/05/2021 18.50 Diagonal Calls @ 0.01. Sold on a rollup last Friday @ 2.42

Letting all the other VXX short calls expire

GME Puts closed

Bought to close GME FEB 05 2021 $23 PUTS @ 0.01. They won’t trade any lower.
Sold these yesterday for 0.18 and 0.21

SPY Close and roll

Sold to close SPY 02/05/2021 385.0 Calls @ 3.25 on the open. Bought these @ 2.67
These were excess longs from earlier bear call spreads where the short expired.

Then I rolled one of the shorts expiring today.
Bought to close Buy to Close 1 SPY Feb 05 2021 382.0 Call / Sold to Open 1 SPY Feb 16 2021 385.0 Call @ 0.03 Credit but bumped the strike up 3 points.

GME

Sold To Open GME FEB 05 2021 $40 PUT @ 1.77 while buying the GME MAR 19 2021 $10 PUT @ 0.50 to lower the margin requirements a bit.
The short expires today

GME Puts closed

Bought to close GME FEB 05 2021 $15 PUTS @ 0.01. They won’t trade any lower.
Sold these for of 0.40 on 01/29

AMC Puts closed

Bought to close AMC FEB 05 2021 $5 PUTS @ 0.01. They won’t trade any lower.
Sold these for an average of 0.36
That leaves me with long March and June strike 2 puts that are fully paid for as “lottery tickets”

Closing GME Puts

Dumped a couple more extra long Puts at a gain after the short puts sold against them expired last Friday.
Sold to close GME FEB 12 2021 $17 PUTS @ 0.80. Originally bought them @ 0.75.
#WinWin on the original spread.
GME at 56.50

Done with GME trades for today

GME

New diagonal
Bought to open GME Mar 26 2021 10.0 Put/ Sold to Open GME Feb 12 2021 20.0 Put at $0.15 Credit.
Fido calculates the Breakeven price is GME @ 17.17 (at the expiration date of the short I’m assuming)
GME Currently at 59.

Short Interest list

For Thursday
GameStop (GME) – 121.07% Short Interest
AMC Entertainment (AMC) – 78.97%
Virgin Galactic Holdings (SPCE) – 71.95%
FuboTV (FUBO) – 71.91%
Bed Bath & Beyond (BBBY) – 65.48%
Ligand Pharmaceuticals (LGND) – 64.88%
National Beverage Corporation (FIZZ) – 62.62%
SunPower Corporation (SPWR) – 57.49%
Tanger Factory Outlet Centers (SKT) – 52.41%
GSX Techedu (GSX) – 50.32%
Tootsie Roll Industries (TR) – 45.91%
Gogo Inc (GOGO) – 43.95%
Accelerate Diagnostics (AXDX) – 43.08%
Beyond Meat (BYND) – 42.89%
Ontrak (OTRK) – 42.56%
Clovis Oncology (CLVS) – 42.13%
Rocket Companies (RKT) – 40.72%
Seritage Growth Properties (SRG) – 38.69%
iRobot Corporation (IRBT) – 38.45%

GME Diagonal Puts

Bought to open GME Mar 19 2021 6.0 Puts / Sold to Open GME Feb 12 2021 18.0 Puts at $0.22 Credit

I’ve got a whole bunch of naked and hedged short puts expiring tomorrow plus I’m already long more puts than I am short.

#winwin

OptionsExpiraion

SPY Feb 03 2021 383 Short Diagonal Call

GME Short Puts

Bought to close Buy to Close GME Feb 05 2021 12 Puts at $0.01 taking out of the rest of this position.
Sold these on 01/29 @ 0.38

I pulled my orders to close 8, 9, 10 & 11 short puts as they look to expire Friday. Still short some 15 puts that I’m trying to close.

VXX Put Roll

Bought to close VXX Feb 05 2021 22.0 Puts / Sold to Open VXX Feb 12 2021 22.0 Puts @ 0.20 Credit.
Just bringing in #CASH and buying more time before they get farther in the money.

Along with this trade I cancelled the orders I had in to cover short VXX calls at 22,23,25,& 26 for this week. I’ll just let them expire.

SPY Roll

Bought to close SPY Feb 03 2021 376.0 Call / Sold to Open SPY Feb 08 2021 377 Call @ 0.06 Credit but bumped the short strike up a point..

SPY = 382.85

Still have a short 383 call for today that I am letting run to the close to see if it expires

GME Puts

Bought to close GME 02/05/2021 12.0 Puts @ 0.01. It won’t trade any lower.
Sold this lot on 01/27 at 0.30

VXX Puts

Bought to open VXX Jan 21 2022 5.0 Puts / Sold to Open VXX Feb 05 2021 17.0 Puts @ 0.03 Credit
#VXXContango special
VXX 17.79
Short DTE = 2
Long DTE = 352

GME Covered Call

2nd time for this strategy in an IRA account with 100% cash.
Bought 100 GME @ 103.71
Sold 1 GME Feb 05 2021 40.0 Covered Calls @ 65.71.
Net Debit is $38.00
Looking for this to be assigned Friday to get the $200 profit

VXX Puts

new #VXXContango special
Bought to open VXX Jan 21 2022 6.0 Puts / Sold to Open VXX Feb 05 2021 17.5 Puts @ 0.06 Credit
VXX = 18.30
Short DTE = 3
Long DTE = 353

GME

from Zerohedge

GME Surges 85% ‘Off The Lows’ After Robinhood Lifts Trading Restrictions

“…in all my 6 days of trading, I have never seen anything like this…”

.. as attention now seems to be shifting to biotechs where names like VXRT, DVAX and BCRX sharply higher today.

SPY Call Spread

Bought to open 1 SPY Feb 26 2021 393.0 Call / Sold to Open 1 SPY Feb 05 2021 383.0 Call @ 0.04 Credit.
A 2 day move from 370 to 382 may be a bit overdone.
Just trying to pick up a long with a bit longer life than the calls I already own so I can write against it a few more times.

AMC Puts

Bought to open AMC Mar 19 2021 2.0 Puts / Sold to Open AMC Feb 05 2021 5.0 Puts @ 0.22 Credit
Bought to open AMC Jun 18 2021 2.0 Puts / Sold to Open AMC Feb 05 2021 5.0 Puts @ 0.07 Credit
I may have been a bit early but I can roll the shorts if I have to.

GME – How the GME…

GME –
How the GME Options frenzy could price itself out of existance
Reddit-fueled stocks ‘now have options that are very expensive, perhaps prohibitively so’: BTIG’s Emanuel
There’s an old saying among commodity traders that the cure for high prices is high prices. The same likely will prove true for options on GameStop Corp. and other highflying targets that have become popular on Reddit message boards, argued one veteran options analyst.
The idea is just Econ 101: as prices for wheat or oil or gold rise too high, users naturally use less of the product. As demand is rationed, prices eventually decline (the same idea works in reverse, with low prices seen as the cure for, you guessed it, low prices).
And so it might go after last week’s frenzied buying of call options, which give the holder the right but not the obligation to buy the underlying security at a set price by a certain time, on GameStop (GME) and shares of other heavily shorted companies, said Julian Emanuel , chief equity and derivatives strategist at BTIG, in a Sunday note.
The heavy call buying was part of an effort by an army of individual investors organized via Reddit’s WallStreetBets forum to run up the prices of the heavily shorted companies, forcing short sellers to buy back their shares and accelerating the rally. The call buying generated a feedback loop of its own as market makers, who had sold the call options, bought the underlying stocks to hedge, or neutralize, their market exposure.
More details:How an options-trading frenzy is lifting stocks and stirring fears of a market bubble (https:// www.marketwatch.com/story/a-surge-in-options-trading-is-pushing-around-the-stock-market-and-bringing-back-memories-of- the-dot-com-bubble-11611618636)
The strategy, as anyone paying the slightest attention last week to markets or the news knows, seems to have worked quite nicely. GameStop shares soared 400% last week to end Friday at $325 after touching a high above $500 on Thursday. GameStop ended 2020 near $18 a share.
Given those gyrations, implied volatility — one measure of an option’s cost — at an off-the-charts 1,000% proved cheap for options that expired last week, Emanuel said, noting in the chart below the surge in 3-day realized volatility.
But it’s likely to be a different story going forward, he said, arguing that options “have likely become too expensive to remain a source fueling further upside in a number of the meteoric gainers.”
To illustrate, he noted that an at-the-money call option (one with a strike price equal to the stock price) on GameStop expiring on Feb. 19 cost around half of GameStop’s actual share price, or 580% volatility. By comparison, at- the-money call on the S&P 500 , also expiring on Feb. 19 , cost 2.5% of the index’s actual price, or 26.5% volatility, he said.
Since both options were at-the-money, they had no “intrinsic value,” a measure of the option’s profitability based on the strike price relative to the share price. Instead, the premiums consisted entirely of “time value,” based on the underlying asset’s expected volatility and the time until the option expires.
The bottom line, Emanuel said, is that options on GameStop and much of GameStop’s cohort of social-media-fueled speculative stocks “now have options that are very expensive, perhaps prohibitively so.”

SPY

Bought to close 1 SPY Feb 01 2021 381.0 Call at $0.01. It won’t trade any lower.
Sold this one on 01/27 @ 3.30.

Replaced it with 1 SPY Feb 05 2021 382.0 Call at $1.27.

VXX

New #VXXContango Special
Bought to open VXX Sep 17 2021 5.0 Puts / Sold to Open VXX Feb 05 2021 17.0 Puts @ 0.04 Credit
Short DTE = 4
Long DTE = 228

KOLD BOIL

KOLD Down 20% today
BOIL Up 20%
for those watching these things

XRT

https://www.zerohedge.com/markets/gamestop-distortion-sparks-massive-collapse-retail-etf-assets

GME Diagonal Puts

Bought to open GME Feb 26 2021 5.0 Puts / Sold GME Feb 05 2021 15.0 Puts @ 0.05 Credit.
Stock at 315
Just hoping to pick up a long put with a longer expiration date for free.
GME eventually implodes once the #wallstreetbets crowd sees something else shiny

VXX major Call Rollups

Bought VXX Jan 29 2021 18.5 Calls / Sold to Open VXX Feb 05 2021 20.0 Calls @ 0.05 Credit – short 1.50 higher
Bought VXX Jan 29 2021 19.0 Calls / Sold to Open VXX Feb 05 2021 21.0 Calls @ 0.09 Credit – short 2.00 higher
Bought VXX Jan 29 2021 19.5 Calls / Sold to Open VXX Feb 05 2021 23.0 Calls @ 0.28 Credit – short 3.50 higher
Bought VXX Jan 29 2021 20.0 Calls / Sold to Open VXX Feb 05 2021 25.0 Calls @ 0.53 Credit – short 5.00 higher
Bought VXX Jan 29 2021 20.5 Calls / Sold to Open VXX Feb 05 2021 26.0 Calls @ 0.45 Credit – short 5.50 higher.

Done with VXX for this week.

GME

Damn – glad to be out of this
Bought to Close 1 GME Jan 29 2021 310 Call / Sold to Close GME Jan 29 2021 320 Call @ 1.00 Net Debit.
Since I put the spread on at a 2.00 point Credit, I’m thrilled with the $100 gain.

Very lucky this week 🙂 🙂 . Made $$ on all three of my GME Bear Call spreads.

GME Puts closed

Bought to close GME 01/29/2021 31.0 Puts @ 0.01.
Sold these at 0.40 as part of a diagonal spread.

GME Question

Why hasn’t the GME board authorized the issuance of a massive number of new shares to pay down all of it’s debt and put billions in the bank like Tesla has done multiple times?

TSLA

below 800 for the first time since 01/07.
The shorts are winning on this one

GME Puts

Bought to close GME 02/05/2021 7.0 Puts @ 0.01. They won’t trade any lower.
Sold yesterday @ 0.25

I may try to resell.

XRT

FWIW
The XRT 95 call expiring today is 0.70 bid / 1.00 ask with the stock at 88.40.

WFC Calls

Bought to close WFC JAN 29 2021 $32.50 CALLS @ 0.01. Sold at 0.28 on a rollup last Friday
Bought to close WFC JAN 29 2021 $32.00 CALLS @ 0.01. Sold at 0.72 on a rollup last Friday.

GME Crazy

Sold to open GME Jul 16 2021 2.0 Puts at $0.37
Yes that is the correct strike price.
#GMECrazy

ps: today’s range on the option is 0.01 to 0.37
The wonder of limit orders.

WFC Covered Rollup

Rolled this week’s WFC 30.5 Covered Call up to next week’s 31.5 Covered Call @ 0.02 Credit.
This stock’s Ex-Dividend is 2/4

SLB Covered Roll

Bought to close SLB Jan 29 2021 20.5 Calls / Sold to Open SLB Feb 05 2021 20.5 Calls @ 0.17 Credit.
I’ll keep rolling until the 2/16 Ex-Dividend date. At that point the call buyers will probably exercise that week’s covered call early taking me out of this stock in this account.

GME Bear Call spread

Bought to Open 1 GME Feb 05 2021 530.0 Call / Sold to Open 1 GME Feb 05 2021 520.0 Call @ at $2.50 Credit.
Seems like a decent chance of of making the profit since the short call is above all the trading so far.

GME Puts

Bought to close GME JAN 29 2021 $30.0 PUTS @ 0.01. Finally!!
It won’t trade any lower.
Sold @ 0.90 earlier in the week as part of a diagonal spread.
I now own the lottery ticket long put for free.

GME

Had an “I wish” order in an IRA sitting in all cash and it filled. Just saw this:

Bought 100 Shares of GME – Filled at $298.52
Sold to Open 1 Contract GME Jan 29 2021 50.00 Call -Filled at $250.52
Net Debit of 48.00 with a strike 50 covered call.
Good for a one day gain of $200 when assigned tomorrow.
( I used to do this kind of trade in TSLA a year ago. It worked 3 or 4 times)

#volatility Doe anyone have a…

#volatility
Doe anyone have a way to screen for the stocks with the highest IV or short term volatility?
Obviously GME would be on the list.
But what others?

Markets

ROBINHOOD ADDS AAL, CTRM, SNDL, OTHERS TO RESTRICTED TRADING

WFC Call Roll

Bought to close WFC Jan 29 2021 30.5 Calls / Sold to Open WFC Feb 05 2021 31.0 Calls at $0.17 Credit plus an extra 0.50 on the short strike.

GME Crazy

Sold 1 GME 02/05/2021 15.0 Put @ 1.01 with the stock at 200
#GMECrazy

GME – Out with my Credit

On the way down …
Bought to Close 1 Contract GME Jan 29 2021 100 Call – Filled at $134.00
Sold to Close 1 Contract GME Feb 19 2021 150 Call – Filled at $134.00
Sold this spread for a 2.00 Credit so happy with the result.
Eliminates a $5k risk.

UVXY

Bought to close UVXY 01/29/2021 10.0 Diagonal Puts @ 0.01. They won’t trade any lower.
Sold these on 01/26 @ 0.23.
Another #UVXYContango Trade worked and my long June 2021 puts are now free and clear.

XRT

Switching from GME to XRT diagonals
Bought to open 1 XRT Feb 19 2021 120.0 Call /Sold to Open 1 XRT Jan 29 2021 95.0 Call at $0.32 Credit.
XRT @ 93 and the short expires tomorrow so rapid decay on that side.
Premium on the XRT short was 5.02

GME Crazy

First Crazy fill of the day
Sold GME 02/05/2021 7.0 Puts @ 0.25

Better than a biotech going before the FDA
#GMECrazy

VXX

  • last one

Bought to open 1 VXX Mar 19 2021 45.0 Call / Sold to Open 1 VXX Feb 05 2021 22.0 Call @ 0.25 Credit.
The short strike is a point higher than my last trade for the same net credit.

At the same time I am liquidating my remaining VXX 03/19/2021 65.0 Long Calls (left over from old diagonal spreads) @ 0.86.
Acquired these on 01/14/2021 @ 0.34.

VXX again

Tiptoeing into next week’s short calls with another position:
Bought to open 1 VXX Mar 19 2021 45.0 Call / Sold to Open 1 VXX Feb 05 2021 21.0 Call @ 0.25 Credit.
The short strike is a point higher than my last trade for the same net credit.

At the same time I am liquidating 1/2 of my remaining VXX 03/19/2021 65.0 Long Calls (left over from old diagonal spreads) @ 0.62.
Acquired these on 01/14/2021 @ 0.34.

VXX

Tiptoeing into next week’s short calls
Bought to open 1 VXX Mar 19 2021 45.0 Call / Sold to Open 1 VXX Feb 05 2021 20.0 Call @ 0.25 Credit.
Got over a point for the strike 20 short.

At the same time I am liquidating 1/3 of my VXX 03/19/2021 65.0 Long Calls (left over from old diagonal spreads) @ 0.40.
Acquired these on 01/11/2021 @ 0.36.

GME Long Put

dumped at a profit
Sold GME 02/05/2021 12.0 Put @ 0.22.
Bought this @ 0.10 as part of a diagonal put spread last week where the short put expired on Friday

VXX Put Rolldowns

Rolled down all my in the money puts in VXX a half point plus brought in cash for next week.

Rolled VXX 01/29 22.50 Puts to 02/05 22.0 Puts @ 0.05 Credit
Rolled VXX 01/29 21.50 Puts to 02/05 21.0 Puts @ 0.10 Credit
Rolled VXX 01/29 20.00 Puts to 02/05 19.50 Puts @ 0.25 Credit
Rolled VXX 01/29 19.50 Puts to 02/05 19.0 Puts @ 0.14 Credit

A sizeable lowering of risk on the put side while keeping my VXX short diagonal strangles in place.

GME

Took a page out of the @ramie77 playbook from yesterday and trying a straight BCS.
Bought to Open 1 GME Jan 29 2021 320.0 Call / Sold to Open 1 GME Jan 29 2021 310 Call at $2.00 Credit.

SPY Rolls

Bought to close 1 SPY Jan 27 2021 380.0 Call / Sold to Open 1 SPY Feb 03 2021 383.0 Call @ 1.05 Credit plus 3 points higher on the short strike.
Bought to close 1 SPY Jan 27 2021 379.0 Call / Sold to Open 1 SPY Feb 01 2021 381.0 Call @ 0.63 Credit plus 2 points higher on the short strike.
Bought to close 1 SPY Jan 27 2021 374.0 Call / Sold to Open 1 SPY Feb 03 2021 376.0 Call @ 0.67 Credit plus 2 points higher on the short strike.

GME Crazy

244 after hours high … so far

UVXY

New #ContangoSpecial
Bought to open UVXY Jun 18 2021 4.0 Puts / Sold to Open UVXY Jan 29 2021 10.0 Puts $0.05 Credit.
UVXY = 10.50
Short DTE = 3
Long DTE = 143

Last week’s long Put purchase is free and clear after last Fridays short position cover @ 0.01

OSTK BYND

I know some are playing options in these.

Overstock.com, Inc. (NASDAQ:OSTK) shares rose 22.4% to $82.48 as the company announced a partnership with Pelion Venture Partners to oversee the blockchain assets of its subsidiary Medici Ventures.

Beyond Meat Inc (NASDAQ:BYND) shares jumped 18.3% to $187.78 after the company announced a joint venture with Pepsi to develop, produce, market snack, beverage products made from plant-based protein.