at the close Thursday
Sold VXX Jun 10 25.0 Calls at $0.12
Sold VXX Jun 10 25.5 Calls at $0.08
1 day to expiration
Category Archives: Uncategorized
VXX Puts rolled down
Bought to close VXX Jun 10 2022 22.0 Puts at $0.23. Sold on a roll last week at $0.88
Sold to Open VXX Jun 17 2022 21.0 Puts at $0.31 for a credit of $0.08 and a strike price a point lower.
Bought to close VXX Jun 10 2022 22.5 Puts at $0.45. Sold on a roll last week at $1.18
Sold to Open VXX Jun 17 2022 21.5 Puts at $0.49 for a credit of $0.04 and a strike price a point lower.
Bought to close VXX Jun 10 2022 23.5 Puts at $0.70. Sold on a roll last week at $1.87
Sold to Open VXX Jun 17 2022 22.5 Puts at $0.72 for a credit of $0.02 and a strike price a point lower
Bought to close 1 VXX Jun 10 21.0 Put at $0.01. Sold last week at $0.51
#VXXContango
SPX stopped
#SPX1dte Looks like I picked the wrong day to exit cheaply.
Bought to close $SPX June 9th 4040/4020 put spreads for 1.15. Condors sold yesterday for 1.45.
TQQQ and TNA Calls rolled up
An early roll for both, but these are the calls with the lowest strike for this week that I am short.
Bought to close TQQQ Jun 10 2022 29.0 Calls at $2.78. Sold last week on a roll at $4.77
Sold to Open TQQQ Jun 17 2022 30.0 Calls at $2.80 for a $0.02 Credit plus a point better short strike
Bought to close TNA Jun 10 2022 42.0 Calls at $2.44. Sold last week on a roll at $4.10.
Sold to Open TQQQ Jun 17 2022 44.0 Calls at $2.47 for a $0.03 Credit plus 2 points better on the short strike
SPY TLT TQQQ
#ShortPuts #CoveredCalls – A slow week with most of my positions next week. Did add a couple today though.
Sold SPY JUL 29 2022 375.0 Put @ 4.70
Sold TLT JUL 15 2022 115.0 Put @ 3.10
Rolled TQQQ JUN 17 2022 38.0 Calls to JUN 17 2022 35.0 Calls @ .55 credit (1.40 total now)
TWTR
Missed this yesterday
Sold off all my remaining TWTR at $41.28
Bought back in January at $35.00, and added after Musk’s offer at $39.00 and $37.50 on 05/16
#RaisingCash #FormerFallingKnife
MARKETS
ZZZZZZZZZZZzzzzzzzzzzzzzz………………….. again
LABU Calls
Sold LABU 8.0 Covered Calls at $0.05.
#optionsexpiration SOXL BTC 10 JUN…
#optionsexpiration
SOXL
BTC 10 JUN 2022 25 CALL @.18 /STO .58
don’t know what Friday brings
—————-
#shortputs
SOXL
STO 10 JUN 2022 20 PUT @.11
SPX risk off
#SPX1dte I’d say it is unlikely, but this looks like one of those days that COULD just fall apart.
Bought to close $SPX June 8th 4075/4055 put spreads for .15. Condors sold yesterday for 1.55.
Stocks
Lightened up on some more tiny stock positions
Sold out of A at $130.77. Bought in April at $123.00 and again in May at $116.00.
Sold out of PPL at $30.48. Bought in February at $25.72
#RaisingCash #FormerFallingKnife
TNA Call Scalp
Sold TNA Jun 10 2022 51.0 Calls at $0.36
SPX 1-dte
#SPX1dte Sold to Open $SPX June 8th 4055/4075-4230/4250 condors for 1.55, SPX at 4160, IV 22.7%, delta -.06 +.07
#shortputs SOXL STO 10 JUN…
#shortputs
SOXL
STO 10 JUN 2022 20.5 PUT @.25
#shortputs Labu sto 4.50 put…
#shortputs
Labu
sto 4.50 put June 19@ .05
late yesterday
SPX 1-dte
#SPX1dte Sold to Open $SPX June 7th 4005/4030-4200/4225 condors for 1.60, SPX at 4119, IV 24.7%, deltas -.05 +.06. ***25-pt wide wings since there is no 4220 strike available.***
TQQQ Calls
Just like the TNA trades below (and it doesn’t happen often), sometimes I get to sell the long side of my old diagonal spreads at a gain.
Sold to Close TQQQ Jun 17 2022 36.0 Calls at $1.09. Bought at $0.34.
Sold to Close TQQQ Jun 17 2022 37.5 Calls at $0.70. Bought at $0.24, $0.26 and $0.37.
SPY,
Iron condor, STO July 22
360/370 put-460/470call spreads at 1.15
VXX Puts
A new #VXXContango spread
Bought to Open VXX Jan 20 2023 6.0 Puts at $0.07
Sold to open VXX Jun 10 2022 20.5 Puts at $0.15 for a $0.08 Credit.
Short DTE = 4
Long DTE = 228
SPX stopped
#SPX1dte Bought to close $SPX June 6th 4200/4220 call spreads for 1.30. Condors sold for 1.55 on Friday.
TNA Calls
It doesn’t happen often, but sometimes I can sell the long side of my old diagonal spreads at a gain.
Sold to Close 1 TNA Jun 17 2022 50.0 Call at $1.28. Bought at $0.46.
Sold to Close 2 TNA Jun 17 2022 49.0 Calls at $1.60. Bought at $0.63 and $0.76.
Sold to Close 1 TNA Jun 17 2022 47.0 Call at $2.53. Bought at $0.96.
Also sold 1 TNA Jun 10 2022 47.50 Covered Call at $1.15.
AMZN
#ShortPuts – Starter just to watch.
Sold AMZN JUL 15 2022 115.0 Put @ 3.40
#optionsexpiration labu, 4.5 put/ jun…
labu, 4.5 put/ jun 3
soxl ,20 and 21 put/jun 3
OptionsExpiration
Another small list this week. Lots of rolls to next week for more cash in the account.
Expired:
LABU 4.5 Puts
TNA 58/45.5 Bear Call Spread
TQQQ 52/35.5 Bear Call Spreads
TQQQ 50/35 Bear Call Spread
TQQQ 45/34.5 Bear Call Spreads
VXX 46/25.5 Bear Call Spread
VXX 40/25.5 Bear Call Spreads
VXX 35/25 Bear Call Spread
VXX 25.0 Calls
VXX 20/21 Bull put Spreads
VXX 21.0 Puts — #VXXContango
NFLX SPY
#ShortPuts – A few.
Bought to Close NFLX JUN 3 2022 195.0 Put @ .45 (sold for 5.75)
Sold NFLX JUN 10 2022 202.5 Put @ 7.25
Adding:
Sold SPY JUL 22 2022 380.0 Put @ 5.20
#onlyspreads buy back for scratch….
#onlyspreads
buy back for scratch.
#spxcampaign
btc 6 JUN 2022 4220/4225 CALL @.35 CBOE
TNA and TQQQ Calls – Last rolls
Bought to close 1 TQQQ Jun 03 2022 32.0 Call at $0.23. Sold at $1.81
Sold to Open 1 TQQQ Jun 10 2022 35.5 Call at $0.40 for a Net Credit of $0.17.
Bought to Close 1 TNA Jun 03 2022 44.5 Call at $0.43. Sold at $2.01
Sold to Open 1 TNA Jun 10 2022 47.0 Call at $1.05 for a Net Credit of $0.62
SPX risk off
#SPX1dte Bought to close $SPX June 3rd 4060/4040 put spreads for .15. Condors sold yesterday for 1.45.
TQQQ Covered Calls Closed
Covered some more short calls for this week.
Bought to Close TQQQ Jun 03 2022 34.50 Calls at $0.01. Sold on last week at $0.65 and $0.98.
Some new calls for next week:
Sold TQQQ Jun 10 2022 35.50 Covered Calls at $0.46, $0.47. $0.48 and $0.49.
Thia strike is slightly above all recent trading in TQQQ
VXX Strangle
Sold VXX 06/10/2022 20.5 Puts at $0.23 and Sold VXX 06/10/2022 26.5 Calls at $0.21 for a total strangle premium of $0.44
LABU Puts Rolled
Bought to close 1 LABU 06/03/2022 7.0 Put at $0.89. Sold last week on a roll at $1.15
Sold to open 1 LABU 06/10/2022 7.0 Put at $1.07 for a $0.18 Credit
Bought to close 1 LABU 06/03/2022 8.0 Put at $1.78. Sold last week on a roll at $1.96
Sold to open 1 LABU 06/10/2022 8.0 Put at $1.85 for a $0.07 Credit
TQQQ Call Closed
Bought to Close TQQQ Jun 03 2022 36 Call at $0.01. Sold on Wednesday at $0.52
Job gains better than expected…
Details —->
Click the photo.
Next market event: The Fed’s decision on interest rates on Wednesday, June 15th.
TNA and TQQQ Calls Rolled
Bought to close 1 TNA Jun 03 2022 44.5 Call/ Sold to Open 1 TNA Jun 10 2022 46.5 Call at $0.29 Credit plus 2 points on the short strike.
Bought to Close 1 TNA Jun 03 2022 43.5 Call/ Sold to Open 1 TNA Jun 10 2022 45.0 Call at $0.46 Credit plus 1.5 points on the short strike
Bought to close 1 TNA Jun 03 2022 43.0 Call / Sold to Open 1 TNA Jun 10 2022 44.0 Call at $0.39 Credit plus 1 point on the short strike
Bought to close TNA Jun 03 2022 41.0 Calls / Sold to Open TNA Jun 10 2022 42.0 Calls at $0.02 Credit plus a point on the short strike
Bought to close TQQQ Jun 03 2022 32.0 Calls/ Sold to Open TQQQ Jun 10 2022 33.0 Calls at $.46 Credit plus 1 point on the short strike
Bought to close TQQQ Jun 03 2022 29.0 Calls/ Sold to Open TQQQ Jun 10 2022 29.0 Calls at $.25 and $0.31 Credit
ARKK NVDA XBI
#ShortPuts #CoveredCalls – A few of each.
Sold ARKK JUN 17 2022 50.0 Calls @ .70
Rolled NVDA JUN 17 2022 175.0 Put to NVDA JUN 17 2022 190.0 Put @ 5.50 credit (18.35 total now)
Bought to Close XBI JUN 3 2022 72.5 Calls @ .05 ( sold for .80)
Sold XBI JUN 17 2022 74.0 Calls @ .70
VXX Puts
Starting on sales for next week a bit early.
Sold 1 VXX Jun 10 2022 21.0 Put at $0.51
Sold 1 VXX Jun 10 2022 20.5 Put at $0.31
#VXXContango
TRMB stock
Dumping another non-dividend paying stock.
Sold out of my TRMB at 70.14. Bought back on Feb 11 at $66.18
#RaisingCash
#FormerFallingKnife
SPX 1-dte
#SPX1dte Sold to Open $SPX June 3rd 4040/4060-4250/4270 condors for 1.45, SPX at 4172, IV 27.4%, deltas -.06 +.06
Expiring: June 2nd 3995/4015-4190/4210 condors, sold yesterday for 1.60.
VXX Puts
More rolldowns
Bought to close VXX Jun 03 2022 22.5 Puts at $0.64. Sold last week on a rolldown at $0.72.
Sold to Open VXX Jun 10 2022 22.0 Puts at $0.88 for a $0.24 Credit and a $0.50 lower strike.
Bought to close VXX Jun 03 2022 23.0 Puts at $1.02. Sold last week on a rolldown at $1.06.
Sold to Open VXX Jun 10 2022 22.5 Puts at $1.18 for a $0.12 Credit and a $0.50 lower strike.
I only have short VXX Jun 03 2022 21.0 Puts left and I believe they will expire tomorrow
#VXXContango
TPR Stock
It went Ex-div today so taking a gain on another lot.
Sold TPR at $35.06. Bought 5/11 at $27.23
Edit: dumped my remaining TPR at $35.16. Bought on 3/7 at $32.00
BLK Stock
Sold a tiny bit of BLK at $676.50. Bought on 4/25 at $660.00.
I’m keeping the lot I bought at $620.00 for the $4.40 dividend (goes ex-div tomorrow)
#RaisingCash
#FormerFallingKnife
VXX Put Rolldown
Bought to close VXX Jun 03 2022 24.0 Puts / Sold to Open VXX Jun 10 2022 23.5 Puts $0.02 Credit while lowering the strike price $0.50
#VXXContango
TQQQ Covered Call Rollups
Bought to close TQQQ Jun 03 2022 30.0 Calls / Sold to Open TQQQ Jun 10 2022 31.0 Calls at $0.07 Net Credit
SPX 1-dte
#SPX1dte Sold to Open $SPX June 2nd 3995/4015-4190/4210 condors for 1.575, SPX at 4104, IV 26.2%, deltas -.06 +.06
Expired: June 1st 4030/4050-4240/4260 condors, sold yesterday for 1.55.
SPY XBI
#ShortPuts #CoveredCalls – A few.
Sold SPY JUL 1 2022 380.0 Put @ 4.00
Sold SPY JUL 8 2022 375.0 Put @ 4.00
Sold SPY JUL 15 2022 370.0 Put @ 4.12
Bought to Close XBI JUN 3 2022 75.0 Calls @ .05 (sold for .42)
LABU
#shortputs
STO 3 JUN 2022 4.5 PUT @.05
VXX Calls
Puts this morning, calls now
Sold VXX Jun 03 2022 25.5 Calls at $0.12 and $0.13
#OnlySpreads
Markets
Worth a read
https://www.zerohedge.com/markets/bear-stearns-lesson-bear-market-bounces
SOXL
STO 3 JUN 2022 20 PUT @.12
STO 3 JUN 2022 21 PUT @.22
BLK Stock
Sold a tiny bit of BLK at $672.70. Bought on 5/2 at $623.22.
#RaisingCash
#FormerFallingKnife
VXX Puts
Added on to my Short VXX 06/03/2022 21.0 Puts at @0.18
#VXXContango
TQQQ Call Ladder
Sold TQQQ 06/03/2022 35.0 Call at $0.87
Sold TQQQ 06/03/2022 35.5 Calls at $0.68 and $0.70
Sold TQQQ 06/03/2022 36.0 at $0.53
Extending yesterday’s call ladder
#OnlySpreads
AMZN Stock
Just ahead of the split:
Sold out of my tiny AMZN position at $2,441.35.
Bought on 5/2 at $2,432.50 and again on 5/9 at $2,189.00.
#RaisingCash for the next move down.
#FormerFallingKnife
SPY SVXY TLT XBI
#ShortPuts – Starting to re-load.
Sold SPY JUN 24 2022 390.0 Put @ 4.60
Sold SVXY JUL 15 2022 48.0 Put @ 2.50
Sold TLT JUL 15 2022 116.0 Put @ 2.90
Sold TLT JUL 15 2022 117.0 Put @ 3.20
Sold TLT JUL 15 2022 118.0 Put @ 3.70
Bought to Close XBI JUN 3 2022 70.0 Calls @ .95 (sold for 1.10)
SPX 1-dte
#SPX1dte Sold to Open $SPX June 1st 4030/4050-4240/4260 condors for 1.55, SPX at 4143, IV 27.8%, deltas -.07 +.05.
RL Stock
Another tiny trade
Sold my highest cost lot in this account at $101.55. Bought on 5/9/2022 at $95.78
In another account, sold my highest cost lot at $101.77. Bought on 5/9/2022 at $94.31
TQQQ Call Ladder
Sold TQQQ Jun 03 2022 35.0 Calls at $0.82 and $0.86.
Sold TQQQ Jun 03 2022 34.5 Covered Calls at $0.98 and $1.06
SPX bust
#SPX1dte The inevitable Murphy’s Law struck, and of course, the first day I go long is the first day in a couple weeks that neither side of the condor is threatened. Unless we get a violent mid-day move, this one is a loss of 1.60, which is what I purchased it for. Part of the problem today was that the market spiked 15 points HIGHER after I bought the condor on Friday. This set me up nicely for a profit on a spike higher this morning. But instead, we got a spike lower, meaning the put side was just too far away for meaningful profit. The struggle continues…
GOOGL tiny trade
Sold my GOOGL stock at $2260.00. Bought just a week ago at $2100.00
#SP500 #FormerFallingKnife
Edit: I was a bit early 😦
TQQQ,
BTC January 2023, 75 call at .90, sold at 2.90
BTC December 16, 60 call at 1.35, sold at 1.40
BTC September 16, 60 call at .48, sold at 1.50
BTC September 16, 80 call at .14, sold at 1.10
BTC June 17, 70 call at .02, sold at 1.05
BTC June 17, 80 call at .02, sold at 1.09
VXX Calls
Sold VXX 06/03/2022 25.0 Calls at $0.25, replacing similar calls that expired Friday
ADBE stock
Liquidated one more stock near the close
Sold ADBE at $427.14.
Bought on 02/24/2022 at $418.59 and again on 04/25/2022 at $405.00
#FormerFallingKnife
OptionsExpiration.
Small list today. Everyone enjoy the long weekend and shortened trading week next week.
Expired:
LABU 5.0 Puts
TQQQ 34.0 Covered Call
VXX 42/28 Bear Call Spread
VXX 27.5 Calls
VXX 27.0 Calls
VXX 26.5 Calls
VXX 22.0 Puts — #VXXContango
VXX Puts
Covered outright about half my VXX 05/27/2022 22.5 Puts at $0.06 for a decent gain.
Rolled the other half down to next week’s VXX 21.0 Puts at $0.05 Credit.
Done trading for today
#VXXContango
SVXY
#ShortPuts – A couple more.
Bought to Close SVXY JUN 17 2022 45.0 Put @ .50 ( sold for 3.00)
Bought to Close SVXY JUN 17 2022 48.0 Put @ 1.10 (sold for 3.30)
SPX 1-dte… switching to LONG
#SPX1dte BOUGHT to Open $SPX May 31st 4000/4020-4235/4255 condors for 1.60. SPX at 4142, IV 16.2%, deltas -.06 +.06
Yes, I am BUYING this one, since just about every day for a couple months has offered a higher spread price than my entry, even on the days things settled quickly and they expire worthless. The biggest trick will be WHEN TO EXIT. This morning I may have been happy with 4.50 as an exit on the call side… but over 15.00 eventually became available. But suffice it to say, I only need to make about 1.00 per day to meet the goals of this strategy.
I will probably alternate between long and short, and definitely switch back to short when volatility settles.
Weekly summary:
3 wins, +4.45
2 losses, -3.65
Total: +.80 for the week
TLT
#ShortPuts – A few more. Will look to re-load in July.
Bought to Close TLT JUN 17 2022 113.0 Put @ .37 (sold for 3.10)
Bought to Close TLT JUN 17 2022 115.0 Put @ .71 (sold for 3.10)
Bought to Close TLT JUN 17 2022 117.0 Put @ 1.28 (sold for 3.40)
ARKK NFLX NVDA SOXL SPY TLT TQQQ XBI
#ShortPuts #CoveredCalls – A little bit of everything.
ARKK: Covered. Not selling any new ones yet.
Bought to Close ARKK MAY 27 2022 45.0 Calls @ .40 (sold for .95)
NFLX: Long way to recovery on this one. Late rally last Friday got stock called away so been selling aggressive puts to get stock assigned. No luck yet.
Bought to Close NFLX MAY 27 2022 190.0 Put @ .05 (sold for 8.50)
Sold NFLX JUN 3 2022 195.0 Put @ 5.75
NVDA: Covered calls and short put roll.
Bought to Close NVDA MAY 27 2022 185.0 Calls @ 1.80 (sold for 3.75)
Sold NVDA JUN 17 2022 200.0 Calls @ 4.16
Rolled NVDA JUN 17 2022 155.0 Put to JUN 17 2022 175.0 Put @ 3.95 credit (12.90 toal now)
SOXL: Covered rolling.
Rolled SOXL MAY 27 2022 22.5 Calls to JUN 17 2022 25.0 Calls @ .16 credit (.70 total now)
SPY: Rolling and taking nice gains. Hoping to re-load soon.
Bought to Close SPY JUN 10 2022 375.0 Put @ .60 (sold for 4.20)
Bought to Close SPY JUN 17 2022 380.0 Put @ 1.95 (sold for 5.00)
Bought to Close SPY JUN 24 2022 375.0 Put @ 2.15 (sold for 4.75)
Bought to Close SPY JUL 1 2022 370.0 Put @ 2.43 (sold for 4.75)
Bought to Close SPY JUL 15 2022 365.0 Put @ 3.21 (sold for 5.61)
Rolled SPY MAY 27 2022 395.0 Call to JUN 17 2022 400.0 Call @ .22 credit (5.20 total now)
Rolled SPY MAY 27 2022 395.0 Call to JUN 17 2022 400.0 Call @ even (5.00 total now)
Rolled SPY JUN 17 2022 375.0 Put to SPY JUN 17 2022 410.0 Put @ 7.65 credit (11.90 total now)
TLT: Taking gains, re-selling, and moving one straggler to June monthly.
Bought to Close TLT MAY 27 2022 119.0 Put @ .27 (sold for 4.10)
Sold TLT JUN 17 2022 119.0 Put @ 2.02
Rolled TLT JUN 3 2022 121.0 Put to TLT JUN 17 2022 121.0 Put @ .84 credit (5.19 total now)
TQQQ: Covered rolling.
Rolled TQQQ MAY 27 2022 32.0 Calls to JUN 17 2022 38.0 Calls @ .12 credit (.85 total now)
XBI: Taking gains and selling new ones. Short Puts and covered.
Bought to Close XBI MAY 27 2022 70.0 Put @ .05 (sold for 4.40)
Sold XBI JUN 17 2022 70.0 Put @ 3.52
Bought to Close XBI MAY 27 2022 73.0 Calls @ .03 (sold for .85)
Sold XBI JUN 3 2022 75.0 Calls @ .42
SPY and QQQ
Sold tiny bits of each near the high of the week. My highest cost lots.
Sold QQQ at $307.49. Bought on 5/9/2022 at $300.00
Sold SPY at $412.87. Bought on 5/9/2022 at $400.00
VXX Put Rolldowns and a rollout
Couldn’t roll down my VXX 24.0 Puts so rolled them to next week’s 24.0 Puts at $0.24 Credit
Rolled this week’s VXX 23.5 Puts to next week’s VXX 23.0 Puts at $0.02 Credit
Rolled this week’s VXX 23.0 Puts to next week’s VXX 22.5 Puts at $0.20 Credit
My short VXX 22.0 Puts should expire, but I’m still waiting out my 22.5 Puts for the next hour.
#VXXContango
LABU Put rollout and TNA and TQQQ Call rollouts
Bought to close 1 LABU 05/27/2022 8.0 Put at $1.92. Sold last week on a roll at $2.33
Bought to close 1 LABU 05/27/2022 7.0 Put at $1.00. Sold last week on a roll at $1.43.
Sold these for next week:
Sold 1 LABU Jun 03 2022 8.0 Put at $1.96 for a $0.04 Credit
Sold 1 LABU Jun 03 2022 7.0 Put at $1.15 for a $0.15 Credit
Rolled all my TNA and TQQQ Calls out to next week.
Some were covered by stock, others were part of diagonal bear call spreads.
Let’s see if this market runs out of gas in the new month.
Stocks – Tiny trades
Raising some cash by selling mostly non-dividend paying stocks
Sold AAL at $17.85. Bought on 3/7/2022 at $13.00
Sold BIO at $545.85. Bought on 03/08/2022 at $532.00 and on 04/26/2022 at $502.00
Sold DAL at $42.18. Bought on 3/7/2022 at $32.50
Sold IDXX at $392.99. Bought this month at $382.00 and again at $342.00
Sold PTC at $115.22. Bought on 2/24/2022 at $104.00
Sold IQV at 212.03. Bought on 5/10/2022 at $200.00.
Sold my highest cost lot of SPY at $409.01. Bought on 5/9/2022 at $404.00 . My remaining shares average $392.66
#SP500 #FormerFallingKnife
SPX already stopped
#SPX1dte Bought to close $SPX May 27th 4135/4155 call spreads for 3.00. Condors sold yesterday for 1.45.
TQQQ,
BTC June 17, 80 call at .01, sold at 1.09
SPX 1-dte
#SPX1dte. Unadvisedly waited it out and call side expired worthless.
Sold to Open $SPX May 27th 3925/3945-4135/4155 condors for 1.45, a few minutes after the closing bell.
Options Bistro 