Looking for pin candidates for today?

Found this list on Zero Hedge: https://www.zerohedge.com/markets/544-billion-options-expire-today-heres-what-will-move

AMZN roll up

With the call side (3250/3260 bear call spread) of my iron condor getting breached, rolled $AMZN Apr 16 3100/3090 bull put spread up to 3250/3240 @ 3.91 credit. Position is now a 3240/3250/3260 iron fly with total premium taken in 8.76/max loss 1.24.

LABU

Jumping on the train with y’all. Sold $LABU May 21 60 puts @ 3.60.

Closing May LABU

Bought to close 5/21 45 puts @ .80. Sold for 2.60 on 3/29.

AMZN adjustment

With the call side (3250/3260 bear call spread) of my iron condor getting tested, rolled $AMZN Apr 16 2910/2900 bull put spread up to 3100/3090 @ 1.35. Total premium now 4.85/max loss 5.15.

LABU May

Sold to open $LABU May 21 45 puts @ 2.60

AMZN IC

Sold $AMZN 4/16 2900/2910/3250/3260 iron condor @ 3.50. Leaning a bit long with short puts at 26 delta, short calls at 17 delta.

TQQQ

Sold to open $TQQQ 4/23 70 puts @ 2.20

Closing ORCL

Bought to close $ORCL 4/16 65 puts @ .64. Sold for 1.92 on 3/11.

Closing EWZ

Bought to close $EWZ Apr 16 30/35/36 jade lizard @ .80. Sold for 1.27 on 3/1.

Closing TSLA

Bought to close $TSLA 3/19 600/590 bull put spread @ .34. Sold for 2.00 on 2/23.

Closing CGC

Bougth to close $CGC 3/19 32.50/27.50 bull put spread @ .36. Sold for 1.11 on 2/18.

BIDU Iron Condor

Sold to open 4/16 210/220/310/320 iron condor @ 3.11.

Closing ARKK

Bought to close 3/19 110.96 puts @ .75. Sold for 2.40.

ORCL post-earnings

Sold 4/16 65 puts @ 1.92 with the stock at 66.34

GME iron fly

Sold $GME 3/12 235/240/245 iron fly @ 4.90. Almost risk free (.10 max loss) with a very slim profit probability.

TQQQ

Following @jsd501 and @fuzzballl out of of some of these to take some risk off.
BTC March 19 50 puts @ .10.

Rolling KRE

Instead of taking profits I decided to roll up and stay long regional banks for a while longer. Rolled short $KRE 4/16 60 puts up to 65 puts (32 delta) @ 1.12 credit.

TSLA June

A #FallingKnife type of trade, as weird as it is to say that about TSLA. Would take the stock down there.
Sold $TSLA 6/18 250 put @ 5.05.

TSLA craziness

High volume selling bringing in high IV and now the stock may be ready for a breather. Sold $TSLA 3/19 500/490 bull put spread @ 1.72.

GME: Another nutty trade

Low probability almost no risk. Sold $GME 3/5 145/150/155 iron fly @ 4.90.

Getting long regional banks

Sold $KRE 4/16 60 puts @ 1.65 with KRE trading around 64.95.

GME rolling

Rolled position out:
Bought to close $GME 3/5 165/175 bear call spread @ .30 (sold for 1.50).
Sold to open $GME 3/19 165/175 bear call spread @ 1.83.

TQQQ

Sold $TQQQ 4/16 60 put @ 3.00

More GME

Sold $GME 3/12 165/175 bear call spread @ 1.50

AAPL put spread

Sold $AAPL 4/16 120/115 bull put spread @ 1.25

EWZ jade lizard

Sold $EWZ 4/16 30/35/36 jade lizard @ 1.27. Breakeven 28.73 with no upside risk.
#tastytradefollow

GME 3/5

Sold $GME 3/5 165/175 bear call spread @ 1.50

GME Groundhog Day

Taking another bite here. Sold 2/26 180/190 bear call spread @ 2.10. Short leash again.

GME getting out

Bought to close $GME 150/160 bear call spread for 3.83, a loss of 1.73.

TQQQ Apr

STO 4/16 65 put @ 3.00

RIOT iron condor

Sold to open $RIOT 3/19 25/35/80/90 iron condor @ 3.80

NFLX 3/19

Sold $NFLX 3/19 515/505 bull put spread @ 2.75

TSLA March

Sold $TSLA 3/19 600/590 bull put spread @ 2.00

TQQQ Jan

Sold $TQQQ 1/21/22 50 put @ 9.00. Thanks @jsd501 (from yesterday).

ARKK Mar

Sold 3/19 110.96 puts @ 2.40

AMZN put spread

Sold $AMZN 3/19 3080/3070 bull put spread @ 2.85 with the stock around 3197

TQQQ 4/1 Sold $TQQQ 4/1…

TQQQ 4/1
Sold $TQQQ 4/1 75 put @ 3.00

Expirations for 2/19

$BIIB 255/245 bull put spread
$GME 90/100 bear call spread
$GME 135/155 bear call spread
$GME 135/125 bull put spread–full loss but offset by other premium sales around it
$LABU 98 put
$MOMO 2/19 15/15/16 jade lizard
$UVXY 10.50/15.50 bear call spread
$UVXY 11/16 bear call spread
$UVXY 12/17 bear call spread
$UVXY 13/18 bear call spread
$UVXY 15/20 bear call spread
$ADBE 470/460 bull put spread
$EWZ 31/41 short strangle

Assignment:
$FTI 11 puts–there was a spinoff here and the new symbol FTI1 I think is 83% of the original, couldn’t follow it but either way I’m in the money and liquidity on the new symbol was pretty much non-existent so I will take assignment here at whatever the number is, somewhere around 9ish or so and I’ll immediately sell the shares Monday morning, take the loss and move on. The stock will no longer be listed on the Nasdaq it looks like so I have no interest in trying to work basis down on it.

Have a great weekend everyone.

#OptionsExpiration

CGC Mar

Sold $CGC 3/10 32.50/27.50 bull put spread @ 1.11. Would take assignment at close to 31 if it the stock continues to tank.

Expirations

For 2/12:
$GME 85/90 bear call spread
$GME 15 puts (I now have free long Mar 6 puts that were financed by this short put; thanks @optioniceman)
$TQQQ 52.50 puts–thanks @jsd501

Have a great long weekend everyone.
#OptionsExpiration

Closed GME iron fly

Bought to close 2/12 45/50/55 iron fly @ 1.85, taking a 2.00 profit out. Should have closed earlier today and got lucky.

$CGC March put spread

$CGC has been sold off hard with the sector, down over 20% today. IV high (rank 42). I would normally sell short puts below support here as selling momentum has slowed with the stock around 41. The 50 day moving average is around 32-33 so looking at strikes below that. Mar 30 puts have a delta of 14. I could have sold them for 1.30-1.35 but that would eat up a lot of buying power so I’m doing a really wide bull put spread to function as a synthetic short put, selling 3/19 30/20 bull put spread for 1.17, giving up just a bit to cut the buying power by 70%.

GME 2/12 pin

$GME Volume and Open Interest very high at the 50 strikes for this week. Looking to play a pin at 50 with a 2/12 45/50/55 iron fly. Sold for 3.85.

#TastyTradeFollow

GME 2/26

Sold $GME 2/26 85/95 bear call spread @ 1.35

Expirations

$GME 2/5 300/310 bear call spread
$GME 2/5 170/180 bear call spread
$GME 2/5 190/195/200 iron fly (this was a nearly free trade, sold for 4.98 last Friday), expires for 5.00, loss of .02
$TQQQ 2/5 62.50 puts
$UVXY 2/5 12/17 bear call spread

Have a great weekend everyone.

GME 2/19

Sold $GME 2/19 90/100 bear call spread @ 1.30

GME 2/12

Sold $GME 2/12 85/90 bear call spread @ 1.24

GME riding the crash

Sold $GME 2/5 170/180 bear call spread @ 1.20

GME 2/5

Sold $GME 2/5 300/310 bear call spread @ 2.25 with the stock around 235.

Weird trade on GME

I was trying to game this a little (yeah yeah I know). With the spreads getting better that they were yesterday I decided to sell an iron butterfly for next week but legged into them to see if I could get more than the spread width, or match. It. Got filled on the $GME 2/5 195/190 bull put spread @ 2.62 and the 195/200 bear call spread @ 2.36, so total premium 4.98. Basically a free trade with a very narrow window/probability of profit. But I may be able to get out early in the week if the stock comes back down to 200. We’ll see.

From Reuters

https://www.reuters.com/article/gamestop-white-house/white-house-monitoring-situation-involving-gamestop-other-firms-idUSW1N2JO04B

From the article:
Shares of both GameStop and AMC Entertainment Holdings more than doubled on Wednesday, forcing hedge funds to take heavy losses and sparking calls for scrutiny of anonymous stock market trading posts on social media.

Are they serious????? Aren’t all posts on social media pretty much anonymous? Do any of you know who I am? Unbelievable.

GME 1/29 adjustment

Against my in the money 1/29 195/200 bear call spread, sold 1/29 195/190 bull put spread for 2.00. Total premium in 1/29 now 4.00.

Looking at XRT

As a more stable way to get short GME, which has now become too big a percentage of the holdings (6% now?). Maybe some bear call spreads in Feb or March.

Closing FSLY

Bought to close $FSLY 2/19 80/70 bull put spread @ .50. Sold for 3.62 on 1/7.

GME adjustment

Sold $GME 2/19 135/125 bull put spread @ 5.00, against the 190/200 bear call spread I sold yesterday for 1.50. Total premium 6.50, reducing max loss on this one to 3.50. Will likely do another roll to minimize or possibly eliminate the loss.

GME: Those railroad tracks look mighty tempting

I know I know, wait for the train to slow down before setting up a picnic on the tracks but I thought I’d put a few small, starter positions out there. Can’t wait to aggressively short this thing but we’re way too early for that. For now though:
Sold $GME 1/29 195 200 bear call spread @ 1.00
Sold $GME 2/19 190/200 bear call spread @ 1.50
Defined risk only of course.

#onlyspreads

ABNB March

Sold to open $ABNB 3/19 135 puts @ 4.70. Delta 14. Looking to get long at a basis around 130, below the early Jan lows.

SPX 1/22

Sold $SPX 1/22 3755/3780/3890/3915 iron condor @ 4.20. Short strikes both at 15 delta. SPX currently trading at 3843.76.

Closing TDOC

Bought to close $TDOC 2/19 200/190 bull put spread @ .55. Sold for 2.53 on 1/7.

Taking off some TQQQ

Bought to close $TQQQ 1/29 125 puts @ .18. Sold for 1.10 on 1/11.

ARKK

Filled right before the close. Never traded this one but I wouldn’t mind being long at/below the 50 day moving average. Sold 2/19 120.96 puts @ 2.40 with the stock at 145.30. Delta 15.

TQQQ 2/5

Sold $TQQQ 2/5 125 put @ 1.35

Closing Mar LABU

Taking most of the profit with still over 2 months to go. Bought to close $LABU 3/19 40 puts @ .33. Sold for 2.30 on 11/23 and 11/24. Thanks for the idea @jsd501.

Taking profits on TSLA

Bought to close 1/15 725/980 strangle @ 1.42 for about 80% of the max profit. Thanks for the great trade @fuzzballl!

OXY Iron Condor

Sold $OXY 2/19 16/19/25/28 iron condor @ 1.00. Collecting 1/3 the width of the strikes. Stock at 22.16.

Closing NVDA

Bought to close $NVDA 2/5 435 put @ .90. Sold for 4.40 on 1/6. Thanks for the idea @fuzzballl.

Closing today’s SPX

Bought to close the adjusted position, now 1/8 3765/3790/3805/3830 iron condor @ 9.215 for a modest loss.
Original premium from 3640/3665/3805/3830: 4.05 credit
Rolled put spread side to 3760/3735: 2.00 credit
Rolled put spread side to 3790/3765: 2.30 credit
Total credit taken in: 8.35
Debit to close: 9.215
Loss: .865

Considering where /ES was overnight, I’m lucky to be out for this close to breakeven.

ADSK

Sold 2/19 280 put @ 3.10. Earnings not expected until after Feb expiration. Delta 14.

FSLY Feb

May be a bit early but stock is up over 6% today (at 86.67) and looking like it’s bouncing off the lows. Sold $FSLY 2/19 80/70 bull put spread @ 3.62. Short puts 34 delta.

TDOC BuPS

Strong move today. Sold $TDOC 2/19 200/190 bull put spread @ 2.53. With the short puts at 25 delta, right at support.

SPX 3 DTE

Sold $SPX 1/8 3640/3665/3805/3830 iron condor @ 4.05. Short puts 14 delta, short calls 13 delta.

Expirations

$TQQQ 12/31 135 puts
$TQQQ 12/31 142 puts
$UVXY 12/31 12/17 bear call spread
$AMZN 12/31 2950/2940 bull put spread

Happy New Year everyone! Wishing a great, healthy, prosperous 2021 to the Bistro family.

SQ Feb

Sold $SQ 2/19 180 put @ 5.00

Closing DOCU

Bought to close $DOCU 1/15 185/195/260/270 iron condor @ 1.23. Sold for 2.95 on 12/9.