Looking like a top forming over most of December. Sold to open $ULTA Feb 2 500/510 bear call spread @ 2.00. Short calls 27 delta.

I was about to close this for a nice profit but that chart is making me want to stay involved some more.
Rolled $ARM Jan 19 57.50 puts up to Jan 19 67 puts (26 delta) @ 1.38 credit with the stock at 72.07.

With the stock at 1620, rolled Jan 19 1420 put out to Feb 16 1420 put (13 delta) @ 10.70 credit. With rolls, total premium taken in now 80.97.

Rolled $SNOW Jan 19 170 puts up to Jan 19 190 puts @ 3.85 credit with the stock around 197. Total premium now 24.99 on the put sales and rolls so if I’m assigned at 190 my basis will be around 165.

Bought to close $COIN Jan 19 65 puts @ .16. Sold for 2.48 on 11/8. Only 16 cents left to make with over a month left.

Increasing my exposure to the chip sector. Sold to open $ARM Jan 19 57.50 puts @ 1.00 with the stock at 64.82.

Not much left to make here, so I’m taking it off. Bought to close $LLY 12/15 540 put @ .35. Sold for 3.30 on 11/8.

Post-earnings stock at 187, rolled $SNOW Dec 15 150 puts up and out to 1/19 170 puts @ 3.02 credit. After 4 rolls, total premium on this position is 21.14 to offset any potential assignment of stock.

With the stock at 74, rolled 12/15 65 puts up and out to 1/19 70 puts @ 2.13 credit.
With rolls, I’m now back in the black overall with premium taken in of .52. Earnings are not until February and I want to stay involved in this uptrend.

With the stock at 1585, rolled Jan 19 1300 put up to 1420 put (16 delta) @ 11.26 credit. With rolls, total premium taken in now 70.27.

With the stock at 1461, rolled Dec 15 1250 put up and out to Jan 19 put (17 delta) @ 16.75 credit. Strike is around the 200 day moving average. With rolls, total premium taken in now 59.01.

With the stock at 65.78, rolled 11/17 65 puts out to 12/15 65 puts @ 1.87 credit.
With rolls, this position still has an overall negative because of a debit roll I did on 10/5 with the stock around 52. It has now recaptured the strike, and I’m staying with it. Now negative overall 1.61.

Post-earnings, intraday, the stock has put in a low and is pushing the HOD further up. Taking into account the market strength, I still believe the reaction was oversold. Willing to be a bit more aggressive on this put sale.
Sold $TTD Jan 19 2024 60 puts @ 2.54. Delta 29.

With the stock at 1373, rolled Dec 15 1170 put up to 1250 put (17 delta) @ 8.60 credit. Strike is around the 200 day moving average. With rolls, total premium taken in now 42.26.

Not the typical time for put sales, but the reaction to the news is strong and the trend is clear. IV rank is high (79).
Sold to open $LLY Dec 15 540 put @ 3.30, delta 09. Strike is below the recent lows on 10/30-10/31.

Sold to open $COIN Jan 19 2024 65 puts @ 2.48. Delta 14.

With the stock at 159.94, rolling short $SNOW Nov 17 150 puts out to Dec 15 150 puts (32 delta) @ 5.57 credit. The original position was Sep 15 150 puts. With 3 rolls, total credit is now 18.12.

Post earnings, stock at 1370, rolled Dec 15 1000 put up to 1170 put (12 delta) @ 11.45 credit. With rolls, total premium taken in now 33.66.

With the stock at 1243, rolled short $MELI Nov 1050 put down and out to Dec 15 1000 put (9 delta) @ 3.71 credit, giving tonight’s earnings a wide berth. Total premium taken in on this position is now 22.21.

Taking advantage of today’s move up to get out for most of the profit. Bought to close $COIN Oct 20 75/70 bull put spread @ .31. Sold for 1.24 on 9/18.

With the stock at 1237, rolled short $MELI Oct 20 1120 put down and out to Nov 17 1050 put (13 delta) @ 12.80 credit. Earnings expected 11/2. Total credit now 18.50.

I was assigned overnight on the in the money Oct 20 65 puts. Instead of holding the stock and selling calls I decided to close it out and reinitiated the 65 puts in November:
Sold $SHOP @ 52.15 (12.85) loss
Expiration of 10/20 65 puts = +3.03
Net loss per contract: (9.82)
Total premium previously collected on this position: 6.34, so I’m negative now 3.48 per contract.

Sold Nov 17 65 puts @ 13.25
Looking at the double bottom on the daily chart I’m willing to stay bullish here. If the lows don’t hold and the stock falls below 50.50 I will exit the position without another roll.

With the stock at 151.89, rolling short $SNOW Oct 20 150 puts out to Nov 17 150 puts (42 delta) @ 3.75 credit. The original position was Sep 15 150 puts. With 2 rolls, total credit is now 12.55.

At 15.29, lowest level since last October.

Sold to open $MELI Oct 20 1120 put (09 delta) @ 5.70 with the stock at 1301.

Sold to open $COIN Oct 20 75/70 bull put spread @ 1.24 with the stock at 82

Pre-earnings (after the bell today) bought to close $ADBE Oct 20 530/540/580/590 iron condor at 4.90. With 1 roll up, total premium taken in was 4.77 so taking a small (.13) overall loss.

With the stock at 569, rolled $ADBE Sep 15 465/455 bull put spread up to 540/530 for 2.03 credit. Position is now a 530/540/580/590 iron condor, with 4.77 total premium taken in. I will take this position off before the end of the day on Thursday 9/14 (earnings after the bell).

Originally sold the $SNOW Sep 15 150 puts (for 5.15) to potentially go long. With the move up, I’m rolling the position out to Oct 20 150 puts (29 delta) @ 3.65 credit. Total premium taken in now 8.80.

Originally sold the $SHOP Sep 15 60 puts (for 3.48) to potentially go long. With the move up, I’m rolling the position up and out to Oct 20 65 puts (40 delta) @ 2.86 credit. Total premium taken in: 6.34.

Bought to close $SMCI Sep 15 210/220/340/350 iron condor for .62. Sold for 2.65 on 8/9.

Sold to open $ADBE Sep 15 455/465/580/590 iron condor @ 2.74. Earnings expected 9/14, the day before opex.

Sold to open $SMCI Sep 15 210/220/340/350 iron condor @ 2.65. Post-earnings.

Sold to open $SNOW Sep 15 150 puts @ 5.15 (23 delta) with the stock at 169.06. To go long or keep the premium.

Sold to open $SHOP Sep 15 60 puts @ 3.48 with the stock at 59.82. Looking to go long.

With high volume and OI at the 380 strike, playing for a 380 pin in the Qs today.
Bought 377/380/383 call butterfly @ .53 debit.

Along with $VIXY and $BOIL
https://www.proshares.com/press-releases/proshares-announces-etf-share-splits

$UVXY 1:10 reverse split effective as of 6/23.

Last split was May 2021, a 1:10 reverse split announced on 5/11/21 when it was trading around 4.50. The split was effective 5/26/21 when it was trading for 3.80. It’s exactly 2 years later and UVXY is currently 3.20. Wondering what ProShares has planned.

BTO Jul 21 170 calls
STO Jun 16 180 calls
Net debit: 8.30

Sold to open $UVXY Apr 21 7/12 bear call spread @ .62

Sold to open $CRWD Jan 20 110/100 bull put spread @ 2.03 with the stock at 123.05

I think the Musk/Twitter panic is played out. Sold to open $TSLA Dec 16 160/150 bull put spread @ 1.78.

T2108: 11.30 (low of the day 9.96)
Fear and Greed Index: 21 (Extreme Fear)
VIX futures in backwardation (www.vixcentral.com)

Finally took this one off for just about a scratch/very small loss after it ran away from me after earnings. Originally put the trade on 8/9 and did several rolls and adjustments bringing in net 2.85 in premium. Bought the final position (Oct 21 55/75 strangle) back for 3.15 for an overall .30 loss.

It got as low as 17.66 this morning. Not in the single digits like in June but notable. We’ll see if there’s anything behind today’s move. It closed at 26.07.

I’m liking this strong move in a weak tape with the stock more than recovering from Tuesday’s market bloodbath.
Sold to open $NFLX Oct 21 200/190 bull put spread @ 1.80. Short puts 19 delta.

BTC Sep 9 406/407/408 iron butterfly @ .66. Sold for .89 earlier.

A little bit of speculation, low risk high reward. Looking for the Friday afternoon rally that could make another appearance today. STO Sep 9 406/407/408 iron butterfly @ .89 credit. Max loss .11.

Going long semiconductors here. Sold to open Oct 21 195/185 bull put spread @ 2.05, short puts 26 delta.

Rolling this position out to what I’m hoping will be the last iteration before I take it off for an overall profit: Rolled $TTD Sep 16 60 straddle out to Oct 21 55/75 strangle for 1.10 debit.

Accumulated credits so far are 2.87.

If the strangle gets to around 50% of what I sold it for (Oct 55/75 sold for 4.68), I’ll close it for an overall profit on an earnings trade gone rogue. But first things first, TTD needs to behave for a couple of weeks.

Rolled $TTD Sep 16 67 calls down to 60. Position is now a 60 straddle with 2.76 net credit from rolls and adjustments.

With the stock at 62.92 resetting strikes, rolling Sep 16 $TTD 75/65 inverted strangle to Sep 16 60/67 strangle @ 10.48 debit.

Previous trades:
Original (8/9): STO 45/65 strangle as an earnings trade @ 4.11
8/10: Rolled 45 puts up to 65 @ 3.20 credit
8/11: Rolled 65 puts up to 75 @ 3.70 credit
8/16: Added 80/85 bear call spread @ 1.21 credit

Sold $TTD Sep 20 80/85 bear call spread @ 1.21 with the stock around 73.40. Looks like it’s exhausted its post-earnings move up so I’m bringing premium against my inverted strangle (75/65).

With the huge post-earnings move (stock up over 33%), rolled Sep 16 45 puts up to 65 puts @ 3.20 credit. Position is now a short 65 straddle, with 7.31 total credit taken in.

Borrowing an idea from TastyTrade. Sold $TTD Sep 16 45/65 strangle @ 4.11. Earnings after the bell today.

Bought to close $ROKU Aug 19 60/55 bull put spread @ .47. Sold for 1.50 on 7/29.

BTO $SPY Aug 5 410 calls @ 3.94 for a daytrade. Looking for what could be that long forgotten Friday afternoon rally we used to see so much of before 2022. Will close out on a pullback, but definitely before the end of the day regardless.

Sold to open $ROKU 8/19 60/55 bull put spread @ 1.50

Looking for a big move here post announcement (likely 75 bps) and planning to fade whatever that move is after the dust settles. GDP report tomorrow as well which will probably be a confirmation that we’re in a recession. Or not…

Latest reading 9.90

Around 16.50, 15 minutes after the open.

Bought to close $MRNA Jun 17 150/160 bear call spread @ .24. Sold for 1.60 on 5/24.

The bloom is off the rose. Sell to open $MRNA Jun 17 150/160 bear call spread @ 1.60.

I’m thinking this could be a good level but with a huge price tag and a 20:1 split coming up I think I’ll wait until after it officially starts trading split adjusted on June 6. Once options open up I’ll probably look to sell something that would be 1,000-1,100 today so maybe 50-60 in mid June, with maybe a Jan 2023 expiration, if the stock doesn’t take off to the upside between now and then.

Currently 13.50

Sold to open $NFLX Jun 17 160/150 bull put spread @ 2.03

Post earnings bouncing off the lows, sold to open $BYND Jun 17 20/15 bull put spread @ 1.20

Got to around 12 today

Sold $SPOT Jun 17 90/80 bull put spread @ 1.85

The craziness seems to be slowing down. Sold to open $NFLX May 20 190/180 bull put spread @ 2.05 credit, short puts 22 delta. Price got down to -4 standard deviations.

Borrowing an idea from TastyTrade.
Sold $USO May 20 77/80/89 broken wing butterfly @ .90 credit.