#SPX1dte Bought to close $SPX Feb 23rd 4185/4165 put spreads for .15. Condors sold yesterday for 1.80.
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Stocks
Added tiny bits at new lows
BBY at $89.00
DISH at $28.00
NLSN at $16.85
ROST at $ 88.40
ZBRA at $406.0
#SP500 #FallingKnife
SPX 1-dte
#SPX1dte Still pretty far away from my stop point but not taking any chances. Bought to close $SPX Feb 22nd 4175/4155 put spreads for .15. Condors sold for 1.80 on Friday.
VXX Calls
Sold 1 VXX Feb 25 2022 25.0 Call at $1.14
Sold VXX Feb 25 2022 26.0 Calls at $$0.87
APD ETSY FB GM Stocks
#SP500 stocks at new lows
Added some tiny positions
APD at $239.00
ETSY at $125.28
FB at $202.23
Started a new position in GM at $47.00
#FalingKnife
RIVN VXX
Sold VXX Feb 25 2022 24.5 Calls at $1.24 and $1.26
Sold RIVN Feb 25 2022 74.0 Call at $1.32
Sold RIVN Feb 25 2022 72.0 Call at $1.86
Sold RIVN Feb 25 2022 55.0 Puts at $0.52
soxl
sto 4 MAR 2022 50 CALL @.70
sto 25 FEB 2022 52 CALL @.05 NYSE
——————–
labu
sto 25 FEB 2022 19 CALL @.25 NYSE
soxl
sto’25 FEB 2022 44 CALL @.90
VXX
Unexpected call assignment at 23.50 when the stock closed $0.05 out of the money at $23.45.
I’ve covered the short stock position at $23.45 in the pre-market to remove the upside risk.
I’ll probably short some call spreads today instead.
Stocks on Friday
#SP500 stocks at new lows
Added some tiny positions
INTC at $45.63
PARA at $27.84 (formerly VIAC)
UAA at $ $16.38
NLSN at $17.50
For the very first time since I started the #FallingKnife strategy last June, the overall portfolio is slightly negative (-0.19%), not counting capital gains I’ve already taken.
The portfolio tends to recover quickly on any market rallies.
For now, I’ll just collect my dividends and continue to average down with tiny adds.
OptionsExpiration
Rolled ITM puts in LABU, RIVN, TNA and TQQQ out another week for small premiums and rolled up RIVN Calls and VXX Calls that were in the money too.
Expired:
KOLD1 5.0 Diagonal Puts
KOLD 23.0 Short Put
KOLD 22.0 Short Put
LABU 27.0 Covered Calls
LABU 26.0 Covered Calls
LABU 25.0 Covered Calls
LABU 22.5 Covered Calls
LABU 22.0 Diagonal Calls
LABU 13/16 Bull Put Spreads
RIVN 71.0 Diagonal Calls
RIVN 60/64 Bull Put Spread
RIVN 55/60 Bull Put Spread
TLRY 7.5 Covered Calls
TLRY 8.0 Diagonal Calls
TNA 69.0 Covered Calls
TNA 80/69 Bear Call Spreads
TNA 77/68 Bear Call Spreads
TNA 67.0 Diagonal Call
TNA 66.0 Diagonal Call
TNA 65.0 Diagonal Call
TQQQ 61.0 Covered Calls
TQQQ 60.0 Covered Calls
TQQQ 79/60 Bear Call Spreads
TQQQ 77/59.5 Bear Call Spread
TQQQ 76/59 Bear Call Spread
TQQQ 75/58 Bear Call Spread
TQQQ 74/57.5 Bear Call Spread
TQQQ 37.5/50 Bull Put Spreads – Barely
TQQQ 45/47.5 Bull Put Spreads
VXX 46/30 Bear Call Spread
VXX 45/29.5 Bear Call Spread
VXX 40/28 Bear Call Spread
VXX 40/27.5 Bear Call Spread
VXX 35/27 Bear Call Spreads
VXX 33/26 Bear Call Spreads
VXX 32/25 Bear Call Spreads
VXX 24.5 Diagonal Call
VXX 24.0 Diagonal Calls
VXX 23.5 Diagonal Calls – Barely
VXX 20.0 Diagonal Puts — #VXXContango
VXX 19.5 Diagonal Puts — #VXXContango
VXX 19.0 Diagonal Puts — #VXXContango
Assignments:
KOLD1 10.0 Diagonal Puts – assignment on 40 sh of KOLD at $50
KOLD1 9.0 Diagonal Put – assignment on 20 sh of KOLD at $45
KOLD1 8.0 Diagonal Puts – assignment on 40 sh of KOLD at $40
KOLD1 7.0 Diagonal Puts – assignment on 20 sh of KOLD at $35
KOLD1 6.0 Diagonal Put – assignment on 20 sh of KOLD at $30
NVDA Put Close / NFLX PUT Roll / LVS Call / Expiration / Assignments
#shortputs #earnings
$NVDA BTC 2/18 230 put at .30. STO at 3.10 on 2/10
$NVDA BTC 2/18 235 put at .40. STO at 4.10 on 2/10
$NFLX BTC 2/18 415 put and STO 2/25 410 put at cost of .50 but lowered put $5
#syntheticcoveredcalls
$LVS STO 3/5 49 call at .93
#optionsexpiration #assignment
$O 70 call
$LABU 23.5 call
$LABU 22 call
$PFE 50.5 call
$BX 130 call
$FCX 45 call
$TQQQ 58call
$SPWR 18 call
$WYNN 103 call
$CRM 220 call
$MRNA 220 call
$F 18 call called away
$AA 74 call called away
$AA 75 call called away
$AA 78 call called away
$TQQQ 62.5 put assigned
$TQQQ 59 put assigned
$SOXL 55 put assigned
Everyone have a restful three day weekend.
soxl
feb 18 51.5 call sto .25
feb 18 37.00 put sto 1.50
labu
feb 18 16 put sto .15
————–
#assignment
labu
feb 18 17 put/sto .45
feb 18 18 put / sto .69
SPY Put Ladder
#spyladder #shortputs – Closed most open positions on the bounce to control risk. Then, at the close, sold OTM put for 2 weeks out. Only current open option position:
STO Mar 4 2022 408 Put @ 2.20
Today is the first weekly close below the 50-Wk MA since the week of 6/22/2020. If we get a second consecutive close below that MA next Friday, as they say on Shark Tank, “I’m out.” I’ll close the open short put at the close and wait until SPY proves that it is ready to launch a new uptrend.
If, on the other hand, SPY closes above the MA, I’ll keep the open put and sell another one for 2 weeks after that.
(Edit) Forgot about another account:
STO March 4 2022 409 Put @ 2.20
SPX trades
#SPX1dte Sold to Open $SPX Feb 22nd 4155/4175-4475/4495 condors for 1.80, SPX at 4356, IV 22.1%, deltas -.06 +.06
Expiring worthless: Feb 18th 4225/4245-4475/4495 condors, sold yesterday for 1.50.
#SPX5dte Expiring for max credit of 20.00: Feb 18th 4460/4440 put spreads. Condors bought for 17.50 on Tuesday.
soxl
did spread re: market close Monday
2 accounts can’t do naked calls/work around
sto 25 FEB 2022 42/52 CALL @1.89
sto 25 FEB 2022 45/56 CALL @.99 ISE
————————————-
#assignment/probably
soxl 44put feb 18 sto 2.55
soxl 45 put feb 18 sto 2.65
soxl 46 put feb 18 sto 3.00
soxl 47 put feb 18 sto 3.30
BA,
Interesting trade from SMM.
BTO, January 2023, 260 calls and STO May 20, 220 calls at $2.00 debit. If the May calls expire at zero, the next trade should give you a profit. I put it on for a small trade at $2.00
SPXL
#CoveredCalls – Will be assigned on a Jade Lizard today. Stock basis will be 109.60. Selling the covered call with max downside protection that would still result in a profit if called away.
Sold SPXL MAR 18 2022 95.0 Call @ 15.80
Stock would get called at 95 with basis 93.80
ARKK FXI NFLX ROKU SOXL TQQQ XBI
#ShortPuts #CoveredCalls #jadeLizards – A little bit of everything today.
ARKK: Covered.
Sold ARKK MAR 4 2022 70.0 Calls @ 2.21
FXI: Covered.
Bought to Close FXI FEB 18 2022 38.0 Calls @ .02 (sold for .91)
Sold FXI MAR 18 2022 37.0 Calls @ 1.10
NFLX: Covered.
Sold NFLX FEB 25 2022 400.0 Call @ 7.25
ROKU: Taking a shot with a Jade Lizard. Breakeven is at 85. That’s nearly 85 percent off all time high.
Sold ROKU MAR 18 2022 90.0/120.0/125.0 Jade Lizard @ 5.05
SOXL: Covered. Rolled more down earlier this week that have over 8.00 credit also.
Rolled FEB 25 2022 45.0 Calls to FEB 25 2022 35.0 Calls @ 4.65 credit (7.45 total now)
TQQQ: Covered.
Sold TQQQ FEB 25 2022 50.0 Calls @ 3.77
XBI: Taking some profits and re-selling.
Bought to Close XBI FEB 18 2022 90.0 Puts @ .86 (sold for 2.20)
Rolled XBI FEB 18 2022 95.0 Put to XBI MAR 18 2022 95.0 Put @ 2.29 credit (4.74 total now)
Sold XBI MAR 18 2022 84.0 Put @ 2.40 (add to ladder)
Sold XBI FEB 25 2022 90.0 Put @ 2.50 (a weekly to play with)
Rolling TQQQ
Rolled $TQQQ Feb 18 62.50 puts out to Mar 18 62.50 @ .85 credit
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ARKK
#CoveredCalls – Still plugging away on these.
Bought to Close ARKK FEB 18 2022 74.0 Calls @ .04 (sold for 2.18)
CRM MMM Stock
Added a tiny bit to my MMM stock at 148.51
Started a tiny new position in CRM at $200.00
Both at new lows
#SP500 #FallingKnife
XLV Put rolldown
Last one in this name for this week:
Bought to close 1 XLV Feb 18 2022 129.0 Put at $0.98. Sold on Monday at $1.52
Sold to Open 1 t XLV Feb 25 2022 127.0 Put at $1.05 for a $0.07 Credit and 2 point better strike
SPX 1dte
#SPX1dte Sold to Open $SPX Feb 18th 4225/4245-4475/4495 condors for 1.50, SPX at 4378, IV 32%, deltas -.06 +.06
VXX Puts
For next week. All this week’s short VXX puts will expire tomorrow.
I didn’t expect this to fill with VXX above 22.50
Bought to open VXX May 20 2022 11.0 Puts at $0.09
Sold to Open VXX Feb 25 2022 19.0 Puts at $0.17
Long DTE = 92
Short DTE = 8
#VXXContango
VXX Calls rolled
Normally I would wait this out until tomorrow but I’m on the road all day and it’s tough trading at the occasional rest stop.
Also, managing risk in VXX since I have a lot of calls written at 23 and above that I hope will expire.
Bought to close VXX Feb 18 2022 22.0 Calls at $1.01. Sold last week on a rollup at $2.39
Sold to Open VXX Feb 25 2022 25.0 Calls at $1.06 for $0.05 Credit and bumped the strike up 3 points.
SPX stopped
#SPX1dte Stop hit at 4494 and then nothing but down movement since then… Bought to close $SPX Feb 17th (monthlys) 4355/4335 put spreads for 4.50. Condors sold for 1.55 yesterday. My closing trade probably means we get the bounce now.
SVXY
#ShortPuts – VIX pushing 30 and futures in backwardation. Can’t believe this thing is holding up this well. Small add here.
Sold SVXY MAR 18 2022 48.0 Put @ 2.10
SPY Covered Strangles
#CoveredStrangles #ShortPuts – Pre-selling to setup future covered strangles:
STO Feb 22 2022 438 Put @ 4.50
STO Mar 4 2022 438 Put @ 8.25
Both are at the 50-Wk MA.
Edit – added another one:
STO Feb 25 2022 438 Put @ 6.50
XBI
#ShortPuts – Adding.
Sold XBI MAR 18 2022 86.0 Put @ 2.70
XLV Put Rollout and rolldown
Bought to close XLV Feb 18 2022 133.0 Puts / Sold XLV Feb 25 2022 133.0 Puts at $0.20 Credit
Bought to close 1 XLV Feb 18 2022 131.0 Put / Sold XLV Feb 25 2022 130.0 Put at $0.07 Credit plus 1 point lower strike
Bought to close 1 XLV Feb 18 2022 130.0 Put / Sold XLV Feb 25 2022 129.0 Put at $0.34 Credit plus 1 point lower strike
RIVN Put Rolldown and rollout
Bought to close RIVN Feb 18 2022 71.0 Puts at $2.98. Sold on a rolldown last week at $6.17
Sold to Open RIVN Feb 25 2022 69.0 Puts at $3.68 for a $0.70 Credit and a 2 point lower strike.
Bought to close RIVN Feb 18 2022 80.0 Puts at $12.81. Sold on a roll last week at $16.17
Sold to Open RIVN Feb 25 2022 80.0 Puts at $13.35 for a $0.54 Credit
LABU Puts
another scalp trade –
Sold LABU Feb 18 2022 16.0 Puts at $0.15
VXX Calls 1-DTE
Scalp trades –
Sold 1 VXX Feb 18 2022 24.5 Call at $0.40
Sold 1 VXX Feb 18 2022 23.5 Call at $0.48
ADSK ECL GPS GRMN PYPL UAA Stocks
Added a tiny bit of ADSK at $223.00
Added a tiny bit of ECL at $180.00
Added a tiny bit of GPS at $14.61
Added a tiny bit of PYPL at $108.00
Added a tiny bit of UAA at $16.97
Started a tiny new position in GRMN at $113.00
All new lows
#SP500 #FallingKnife
TNA
#ShortPuts – Yesterday…
Bought to Close TNA FEB 18 2022 50.0 Put @ .05 (sold for 1.65)
Sold TNA MAR 18 2022 45.0 Put @ 1.30
Sold TNA MAR 18 2022 50.0 Put @ 2.05
SPY
#ShortPuts – Sold SPY MAR 18 2022 405.0 Put @ 3.30
NVDA
#ShortPuts – Adding post earnings.
Sold NVDA MAR 18 2022 210.0 Put @ 3.15
SPX 1-dte
#SPX1dte Sold to Open $SPX Feb 17th (monthlys) 4335/4355-4565/4585 condors for 1.45, SPX at 4485, IV 22%, deltas -.06 +.06.
Expiring: Feb 16th 4320/4340-4545/4565 condors, sold yesterday for 1.55.
soxl
sto 18 FEB 2022 51.5 CALL @.25
LABU Calls
Sold LABU Feb 18 2022 22.5 Calls at $0.15
VXX Calls
Sold to open VXX Feb 18 2022 23.5 Calls at $0.44 and $0.46
Sold to Open VXX Feb 18 2022 23.0 Calls at $0.53 and $0.54
Sold against a long calls left over from last week’s diagonal bear call spreads and paired with the #VXXContango puts I sold Monday and Tuesday.
#DoubleDip
TNA Call
Sold TNA Feb 18 2022 69.0 Call at $0.52.
Sold against a long call left over from last week’s diagonal bear call spread.
#DoubleDip
PFE MRVL EXAS Calls Close
#coveredcalls #syntheticcoveredcalls
$PFE BTC 2/18 50 call at .40. STO today at .90
$MRVL BTC 2/18 77 call at .20. STO 2/9 at 2.01
$EXAS BTC 2/18 83 call at .30. STO 2/9 at 2.30
TQQQ March
Sold to open $TQQQ Mar 18 40 puts @ 1.20
TQQQ Covered Calls
Sold TQQQ Feb 18 2022 60.0 Calls at $0.24
Sold TQQQ Feb 18 2022 61.0 Calls at $0.15 and $0.25
SPY
#spyladder #coveredstrangle – Added a short put down at the 50-Wk MA, 2DTE, to go with the covered call:
STO SPY 18 March 2022 438 Put @ 2.20
FB FIS MMM Stock
Added a tiny bit of FB at $212.44
Added a tiny bit of FIS at $99.17
Added a tiny bit of MMM at $155.00
Both are new lows
#SP500 #FallingKnife
NVDA “earnings”
#ShortPuts – Going out in time and selling a little lower. Not really an earnings trade being that far out.
Sold NVDA MAR 18 2022 220.0 Put @ 5.50
SPY
#spyladder #coveredcall – Only 2 days to expiration:
STO SPY Covered Call – Stock @ 444.12 with March 18 2022 450 Covered Call @ 1.31
SPX trades
SPY Ladder
#shortputs #spyladder – Still reducing risk. Gradually adjusting to selling nearer expirations hoping to be more nimble.
BTC SPY March 31 2022 440 Put for 12.15 (Sold for 14.50).
Literally went to Wal Mart and spent some of the money on beer. Lol!
🙂
TNA Call
Sold TNA Feb 18 2022 69.0 Calls at $0.71.
Sold against a long call left over from last week’s diagonal bear call spread.
#DoubleDip
SPX 1 DTE
#spx1dte
$SPX STO 2/16 4315/4295/4540/4560 at 1.15
PFE BX FCX RIVN TQQQ AA F SPWR WYNN LABU Calls
#coveredcalls #syntheticcoveredcalls
$PFE STO 2/18 50.5 call at .25
$BX STO 2/18 130 call at .45
$FCX STO 2/18 45 call at .25
$RIVN STO 2/25 67 call at 3.49 Roll the 2/18 64 at even
$TQQQ STO 2/18 58 call at 1.00
$AA STO 2/18 74 call at .90
$F STO 2/18 18.5 call at .10
$SPWR STO 2/18 18 call at .50
$WYNN STO 2/18 103 call at .50
$CRM STO 2/18 220 call at .47
$LABU STO 2/18 22 call at .40
TQQQ Diagonal Call Ladder
In case this rally runs out of gas or we hit another air pocket like Friday:
Bought to Open 1 TQQQ Mar 04 2022 65 Call at $0.71
Sold to Open 1 TQQQ Feb 18 2022 57.5 Call at $1.49
Bought to Open 1 TQQQ Mar 04 2022 66 Call at $0.58
Sold to Open 1 TQQQ Feb 18 2022 58 Call at $1.28
Bought to Open 1 TQQQ Mar 04 2022 67 Call at $0.44
Sold to Open 1 TQQQ Feb 18 2022 58.5 Call at $1.05
Bought to Open 1 TQQQ Mar 04 2022 68 Call at $0.34
Sold to Open 1 TQQQ Feb 18 2022 59 Call at $0.83
Bought to open TQQQ Mar 04 2022 70 Calls at $0.22
Sold to Open TQQQ Feb 18 2022 60 Calls at $0.59
I have plenty of long TQQQ stock and short TQQQ puts if the rally continues. (and I can roll the short calls up if necessary)
#OnlySpreads
Rolling LABU
Rolled Feb 18 24 puts down and out to Mar 18 23 puts @ .40 credit with the underlying at 19.50
IPGP LDOS stock
Added a tiny bit to my IPGP position at $134.00
Added a tiny bit to my LDOS position at $81.64
New 52-week lows
#SP500 #FallingKnife
VXX Puts
Bought to open VXX Sep 16 2022 7.0 Puts at $0.14
Sold to Open VXX Feb 18 2022 19.5 Puts at $0.22
Long DTE = 213
Short DTE = 3
Bought to Open VXX Jan 20 2023 5.0 Puts at $0.10
Sold to Open VXX Feb 18 2022 19.0 Puts at $0.13
Long DTE = 339
Short DTE = 3
#VXXContango trades
LABU Calls
Sold LABU Feb 18 2022 22.0 Covered Calls at $0.40.
Sold against stock put to me Friday at 22 and 20
SPXpire
VXX Put Spreads
Sold VXX Feb 18 2022 20.0 Puts at $0.17
Bought VXX Apr 14 2022 13.0 Puts at $0.11.
Long DTE = 59
Short DTE = 4
Sold VXX Feb 18 2022 20.0 Puts at $0.18
Bought VXX May 20 2022 11.0 Puts at $0.13.
Long DTE = 95
Short DTE = 4
VXX Call Ladder
On the VIX run to 31.50 at 2pm(VXX peak at 24.80)
Sold 1 VXX Feb 18 2022 29 Call at $0.76
Sold 1 VXX Feb 18 2022 29.5 Call at $0.58
Sold 1 VXX Feb 18 2022 30 Call at $0.73
#OnlySpreads
XBI
#ShortPuts – Adding.
Sold XBI MAR 18 2022 88.0 Put @ 3.20
TXN VFC ZBRA Stocks
Added a tiny bit of ZBRA at $425.00
Started a tiny new position in VFC at $60.00
Started a tiny new position in TXN at $161.67
All new lows
#SP500 #FallingKnife
SPY Put Ladder
#spyladder #shortputs – Reducing risk by shortening the expirations of my SPY puts and lowering the strikes.
BTC SPY April 11 2022 440 Put for 11.10 (Sold for 11.15)
GTC order open:
STO SPY Feb 28 2022 406 put for 2.20 (If it fills that’s still 13% annualized.)
I’ll reply when/if I get a fill. I think if SPY retests its overnight lows it should fill. Leaving now to go babysit grandkids. Lol.
SOXL TQQQ
#CoveredCalls – Rolled various calls down to slightly in the money for more downside protection. Also bought puts out in (May SOXL) (June TQQQ) at levels equal to where a covid type selloff would get down to now. Continuing basis reduction and hoping to eventually get to a full position.
NVDA earnings
#ShortPuts #Earnings – Looking for a better entry. Taking beer money on the bounce today.
Bought to Close NVDA FEB 18 2022 225.0 Put @ 3.84 (sold for 4.06)
AES LUMN GILD Stocks
Added a tiny bit of AES at $21.24
Added a tiny bit of LUMN at $21.24
Started a tiny new position in GILD at $61.39
All new lows
#SP500 #FallingKnife
TQQQ Calls
Sold TQQQ Feb 18 2022 60.0 Covered Calls at $0.52.
Partial position
Interest rates,
We have not seen the FED raise interest rates since 2017 so IMHO, this could get ugly. It is not going to be one and done.
TQQQ
Dumped half the TQQQ stock put to me at $54 Friday at $54.20.
Reducing risk
XBI
#ShortPuts – Rolling my two highest strikes. Short a lot more at 90 and lower.
Rolled XBI FEB 18 2022 100.0 Put to MAR 18 2022 100.0 Put @ 1.70 credit (3.85 total now)
Rolled XBI FEB 18 2022 105.0 Put to MAR 18 2022 105.0 Put @ .86 credit (3.45 total now)
TNA Calls
Sold TNA Feb 18 2022 69.0 Covered Calls at $0.57
Options Bistro 