Sold SPX put spread for tomorrow. 2000/2010 for .40 cent credit. It may be there tomorrow and it could be risky. If I see something for next week that is too good to pass up I will try to post it.
Also did a 1 x 2 in gpro that worked well which I may do again but move down a little bit. I bought 1 19 put and sold 2 18.50 for a .40 credit. Currently slight ITM (which is fine). We will see what tomorrow brings. But if you look about 2 weeks out you can probably get the same kind of credit and I might consider starting a bit lower depending on what the chain looks like. If I put the trade on I will post it.
Follow up on GMCR – I was obviously wrong. However, I rolled the short Nov. 30 put to Nov. week 4 42 put for 15 cent credit. Not a super good use of margin but I hate losing money.
Buying a put calendar in GMCR for earnings. Nov./Dec. at the 30 strike for approx. 50 cent debit. Will change it to a put credit spread later if GMCR doesn’t go down to cover the costs of the Dec. put.
I posted the wrong price on those 1800 puts it was .65 cents. Still 21,000 traded.
SPX trade didn’t fill but there may be other opportunities next week. They traded a boatload of puts at the 1800 strike for .80 cents or so.
I’m trying a 1860/1870 SPX put credit spread for next week for .45 cents in case the market gets super ugly into the close. This is currently above market.