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.

Bought to close $TSLA Jun 17 600 put @ 4.35. Sold for 21.00 on 1/6. Taking it off for around 80% of the max profit a couple of months early.

Post-earnings sold to open $SNOW Mar 18 200/190 bull put spread @ 1.90

Rolled $TQQQ Feb 18 62.50 puts out to Mar 18 62.50 @ .85 credit

Sold to open $TQQQ Mar 18 40 puts @ 1.20

Rolled Feb 18 24 puts down and out to Mar 18 23 puts @ .40 credit with the underlying at 19.50

Bought to close Feb 18 150/140 bull put spread @ .60. Sold for 2.00 on 2/3.

Bought to open $VXX Feb 25 22 puts @ 3.11 with VXX around 20. Looking for further contract in volatility. VIX still above 22.

Post-earnings sold to open $SPOT Feb 18 150/140 bull put spread @ 2.00

And here comes the $VIX and /VX futures back down

$SPY On 1/13 I posted about a completed head & shoulder on the daily. If we just went with pure technicals/measured move then the projected moved down would have been around 23 points from the top of the head to the neckline. Going 23 points down from there to calculate measured move would bring us to around SPY 433. Currently trading near there at 432.50.

Of course this is a minimum measured move but still notable IMO. For what it’s worth.

Sold $NFLX Feb 18 350/340 bull put spread @ 2.55. IV rank 87.

Sold to open Mar 18 30/40 bear call spread @ 1.10

T2108

T2122

Bouncing around 14

Not that it’s much of a surprise but the futures have flipped to backwardation.
http://vixcentral.com/

$SPY Seeing what looks like the completion of a head & shoulder on the daily. Be careful out there.

Speculative trade/small position. Sold to open $AMZN Jan 28 3090/3080 bull put spread @ 1.80. Strikes are below the big flush/intraday low on 1/10. Expiration is prior to earnings.

Sold to open $TQQQ Feb 25 110 put @ 5.55

Rolled $TQQQ Jan 14 140 put down 15 points and out to 2/18 125 put @ 1.60 credit.

Bought to close $AMC Jan 21 22 puts @ 2.12. Sold for 2.30 on 12/17.

Bought to close $AMZN Jan 21 3150/3200/3800/3850 iron condor @ 26.55. Sold for 14.40 on 12/9.

Taking this off a couple of months early. Bought to close March 18 115 puts @ .35. Sold for 2.04 on 12/3.

Sold to open $TQQQ Jan 14 140 put @ 2.85

Sold to open $XBI Feb 18 95 puts @ 1.80. Strike at 20 delta and at a level the underlying as seen in over a year and a half. IV very high (IV rank 65).

Sold to open $AAPL Feb 18 155 puts @ 1.90. Delta 16. Strike is near support, about 10 points below the 50 day moving average. ER 1/27.

Going back in. Sold to open $QQQ Feb 18 360/370/415/425 iron condor @ 2.78.

Bought to close $LABU Jan 7 30 puts @ .29

Was waiting for a decent pullback in the Nasdaq to get out of this. Bought to close $QQQ Jan 21 350/360/410/420 iron condor @ .92. Sold for 2.75 on 12/15.

Bought to close $ADBE Jan 21 525/505 bull put spread @ 1.50. Sold for 4.15 on 12/16

Wishing all of you a healthy, happy and prosperous 2022.

Sold to open $LABU Feb 18 24 puts @ 1.05

Bought to close $DOCU Jan 21 130/120 bull put spread @ .67. Sold for 3.21 on 12/3. Don’t want to wait a month for the last 20%.

Bought to close $LABU Dec 31 30 puts @ .15. Sold for 1.40 on 12/9.

Bought to close Dec 23 32 puts @ .30. Sold for 1.45 on 12/9

Current reading 14.70

Sold to open $AMC Jan 21 22 puts @ 2.30. 22 delta.

Not calling a bottom but definitely slowing downside momentum. Sold $ADBE Jan 21 525/505 bull put spread @ 4.15. Short puts 26 delta, IV still high, IV rank 60.

Sold to open Jan 21 350/360/410/420 iron condor @ 2.75. Short strikes at 20 delta. IV rank 48.

Sold the following ladder:
$LABU Dec 23 32 puts @ 1.45
$LABU Dec 31 30 puts @ 1.40
$LABU Jan 7 30 puts @ 1.80

Selling some premium here with IV still a bit elevated. Sold to open $AMZN Jan 21 3150/3200/3800/3850 iron condor @ 14.40. Short puts 17 delta, short calls 21 delta.

Been rolling this one around since I put the original 185/220 strangle on. Position was rolled down and up 3 times to end up with a 200 straddle.

Bought to close $CAT 12/17 200 straddle @ 8.30. Total premium taken in 8.66, so a profit of .36.

Will look to reinitiate something in Jan with IV still elevated.

Down 40% after earnings.
Sold to open $DOCU Jan 21 130/120 bull put spread @ 3.21

BTC $SPX Dec 4520/4545/4705/4730 iron condor @ 9.20. Sold for 4.10 this morning.

Rolled $CAT Dec 17 210 calls down to 200 @ 1.90 credit. Position is now a short 200 straddle with 8.66 total premium taken in. Breakevens 191.34 and 208.66.

Sold to open $SPX Dec 3 4520/4545/4705/4730 iron condor @ 4.10 with SPX at 4640. Short puts 13 delta, short calls 12 delta.

Some food for thought: https://www.zerohedge.com/covid-19/covid-cases-south-africas-omicron-epicenter-decline-hysteria-rattles-markets

Of course part of today (and maybe a big part of it) is Powell and the Fed’s hawkish posturing about inflation.

Sold to open $LABU Jan 21 30 puts @ 1.46

Rolled $CAT Dec 17 220 calls down to 210 (18 delta). Position is now 200/210 strangle with 6.76 premium taken in, breakevens 193.24 and 216.76 with the stock around 196.

Rolled $AMZN 12/3 3420/3430/3650/3660 iron condor out to 12/31 3560/3570/3790/3800 iron condor @ .70 credit. Total credit brought in now 4.70.

Been doing pretty well with the over the weekend bear call spreads but not really enough premium this week to make it worth the risk. Sitting this week out.

Taking the remaining risk off. Bought to close $Z Nov 19 60 puts @ .40. Sold for 2.25 on 11/3.

$SPXW Nov 8 4725/4750 bear call spread (weekend trade). Sold for 1.40 on Friday just after the close.

Rolled $CAT Dec 17 185 puts up to 200 puts (23 delta) for 1.78 credit. Position is now 200/220 strangle with the stock at 213.50. Total premium now 5.96.

Was hoping for a stronger move up into the close like the last 1,000 Fridays to get more premium but this will have to do.

Sold to open $SPXW Nov 8 4725/4750 bear call spread @ 1.40, short strike 14 delta.