#LongStock – Sold my uncovered shares @ 39.47 (basis 39.00)
Category Archives: Uncategorized
TQQQ
#CoveredCalls – I’ll be assigned a tiny bit of stock (unless we rally like crazy today and tomorrow). Selling the covered calls early with plenty of downside protection.
Sold TQQQ JAN 28 2022 65.0 Calls @ 4.55
TNA TQQQ Calls
Sold TNA Jan 21 2022 70.0 Diagonal Calls at $0.42
Sold TQQQ Jan 21 2022 70.0 Diagonal Calls at $0.37
I’ve got a lot of short puts in both. Daring Mr. Market to come get these 🙂
#OnlySpreads
KOLD1 Put
These are harder to trade since the reverse split(very illiquid) but I was able to roll the strike price down 10% for next month.
Bought to close KOLD1 Jan 21 2022 11.0 Puts / Sold to Open KOLD1 Feb 18 2022 10.0 Put at $0.02 Credit
Long May and August Puts that are fully paid for as the hedge.
#OnlySpreads
PS: My KOLD1 Jan 9.0, 8.0 and 7.0 short puts will expire tomorrow.
TQQQ,
BTC February 11, 60 puts at 3.00, I sold these at 2.40 so a loss but I want to be safe and out of the market.
XLV Puts
Writing against some excess long XLV March Puts
Sold XLV Jan 21 2022 130.0 Puts at $0.29
SPX 1-dte
#SPX1dte Sold to Open $SPX Jan 20th (Monthlys) 4415/4435-4665/4685 condors for 1.30, SPX at 4565, IV 23.6%, deltas -.06 +.06. I have not sold monthlys on this strategy in a long time, but since I’m currently taking a break from the 5-dte strategy I’m including them this month. These stop trading at close tomorrow but don’t settle until Friday morning’s open, which mean if I don’t close them tomorrow they will be exposed to possibility of a gap open on Friday.
Expected to expire worthless: Jan 19th 4455/4475-4670/4690 condors, sold yesterday for 1.50.
EWZ
#ShortPuts – Nice breakout today. Taking these and looking to add more Feb on a dip.
Bought to Close EWZ JAN 21 2022 30.0 Puts @ .40 (sold for 2.37)
Bought to Close EWZ JAN 21 2022 31.0 Puts @ 1.18 (sold for 3.54)
ARKK KWEB NVDA SOXL TNA
#ShortPuts #CoveredCalls – A little bit of everything.
ARKK: Covered.
Bought to Close ARKK JAN 21 2022 85.22 Calls @ .05 (sold for 1.44)
Sold ARKK JAN 28 2022 78.0 Calls @ 2.20
KWEB: Out of this now.
Sold covered stock @ 32.39 (small gain including dividend)
NVDA: Turning short put into Jade Lizard. Earnings still a couple weeks after this.
Sold NVDA FEB 4 2022 245.0/250.0 Bear Call Spread @ 3.00
Now 245/245/250 Jade Lizard @ 6.40
SOXL: Will probably be assigned a small stock position. Getting the covered calls sold early.
Sold SOXL JAN 28 2022 55.0 Calls @ 2.53
TNA: 85 put will be assigned. Been selling ITM calls against. Rolling for more downside help.
Rolled TNA JAN 21 2022 70.0 Call to JAN 28 2022 55.0 Call @ 11.25 credit (25.20 total now)
TSLA Put
Sold 1 TSLA Jan 21 2022 880.0 Put at $1.30
TSLA still over $1000 and #Earnings not until next week.
TNA Put
Sold 1 TNA Jan 21 2022 66.0 Diagonal Put at $2.07
#OnlySpreads
VXX Long Put
Prepping a new long position since my in the money VXX Jan 21st Puts are about to be sold off between now and Friday.
Bought VXX Jun 17 2022 12.0 Puts at $0.95 & 0.90
In 6 months I expect this to be in the money too.
#VXXContango
KOLD1 Put
These are harder to trade since the reverse split but I was able to roll the strike price down 10% for next month
Bought to close KOLD1 Jan 21 2022 10.0 Put / Sold to Open KOLD1 Feb 18 2022 9.0 Put at $0.05 Credit
SPY
#ShortPuts – Late fill.
Sold SPY MAR 18 2022 415.0 Put @ 5.05
TQQQ,
STO March 18, 40 put at 1.15
TQQQ
#shortPuts – Last one today.
Sold TQQQ FEB 25 2022 57.5 Put @ 3.42
ALGN Stock
Started a new position in ALGN at its 52-week Low of $494.00
#SP500 #FallingKnife
SPX 1-dte
#SPX1dte Sold to Open $SPX Jan 19th 4455/4475-4670/4690 condors for 1.50, SPX at 4584, IV 20.1%, deltas -.06 +.06
Expiring: Jan 18th 4525/4545-4735/4755 condors, sold Friday for 1.70.
EWZ
#ShortPuts – Getting the ladder back to a full position.
Sold EWZ FEB 18 2022 29.0 Put @ 1.29
Sold EWZ FEB 18 2022 32.0 Puts @ 3.42
TNA Put
Sold 1 TNA Jan 21 2022 69.0 Diagonal Put at $2.20
#OnlySpreads
VXX Call Ladder
Beginning the process of replacing last week’s Calls
Sold 1 VXX Jan 21 2022 20.5 Diagonal Call at $0.70
Sold 1 VXX Jan 21 2022 21.0 Diagonal Call at $0.58
Sold 1 VXX Jan 21 2022 21.5 Diagonal Call at $0.46
Sold 1 VXX Jan 21 2022 22.0 Diagonal Call at $0.38
Sold VXX Jan 21 2022 22.5 Diagonal Calls at $0.30
Sold VXX Jan 21 2022 23.0 Diagonal Call at $0.25
Sold VXX Jan 21 2022 23.5 Diagonal Calls at $0.21
#DoubleDip
TQQQ XBI
#ShortPuts – A couple more.
Sold TQQQ FEB 25 2022 60.0 Put @ 3.70
Sold XBI FEB 18 2022 90.0 Put @ 2.10
SOXL
#ShortPuts – Adding.
Sold SOXL MAR 4 2022 50.0 Put @ 4.00
EWZ SOXL SPY SVXY
#ShortPuts – A few.
EWZ: Adding in Feb.
Sold EWZ FEB 18 2022 29.0 Puts @ 1.15
Sold EWZ FEB 18 2022 30.0 Put @ 1.65
Sold EWZ FEB 18 2022 31.0 Put @ 2.35
SOXL: First one in this expiration.
Sold SOXL MAR 4 2022 50.0 Put @ 3.60
SPY: A couple adds. At the expected moves, well below the 200 day, and at Oct lows.
Sold SPY FEB 18 2022 430.0 Put @ 3.60
Sold SPY MAR 18 2022 425.0 Put @ 5.90
SVXY: Aggressive starter.
Sold SVXY FEB 18 2022 55.0 Put @ 2.50
AES ATVI CHTR stock
Bought a tiny bit of AES at $22.60 to start a new position at the 52-week low
Bought a tiny bit of CHTR at $585.45 to start a new position at the 52-week low
#FallingKnife #SP500
Also, Microsoft announced they were buying ATVI at $95.00/share. I have a tiny bit of that too.
TSLA Put
Sold 1 TSLA Jan 21 2022 900.0 Put at $2.55 replacing a similar put a covered at a penny on Friday.
Paired with a couple of Bear Call spreads for this week.
#DoubleDip trade.
RIVN Diagonal Put Spread
Bought 1 RIVN Feb 18 2022 60.0 Put /Sold to Open 1 RIVN Jan 21 2022 75.0 Put at $0.40 Credit.
I have some excess long puts I could write against from earlier spreads of the stock implodes
XLV Puts
1 new spread and 1 re-write
Bought to Open XLV Mar 18 2022 117.0 Put / Sold to Open 1 XLV Jan 21 2022 132.0 Put at $0.12 Credit
Also sold some XLV Jan 21 2022 132.0 Puts at $0.83 as a #DoubleDip trade, replacing 132.5 puts that expired Friday
LABU long Put rolled
Rolled some long Puts from old spreads out more than a month since they expire this week.
I will keep writing against them.
Sold to close LABU Jan 21 2022 25 Puts at $2.32. Bought on 12/16/2021 at $1.18
Bought to Open LABU Mar 04 2022 20 Puts at $2.30
soxl
14 JAN 2022 69 CALL @.40
OptionsExpiration
Because of the weak market this week, mostly Calls expired and Puts had to be rolled. Short trading week next week.
Expired:
RIVN 90 Diagonal Call
RIVN 91 Diagonal Call
TLRY 10.50 Covered Calls
TNA 98/84 Bear Call Spread
TNA 82 Diagonal Call
TNA 81 Diagonal Call
TQQQ 95/80 Bear Call Spreads
TQQQ 79.50 Diagonal Calls
TQQQ 78.75 Diagonal Calls
TSLA 1,130 Diagonal Call
TSLA 840 Diagonal Put
TSLA 800 Diagonal Put
VXX 39/22 Bear Call Spreads
VXX 35/22 Bear Call Spread
VXX 21.5 Diagonal Calls
VXX 21.0 Diagonal Calls
VXX 20.0 Diagonal Calls
VXX 19.0 Diagonal Calls
VXX 18.50 Diagonal Calls – just barely
VXX 17.50 Diagonal Puts
VXX 17.00 Diagonal Puts
XVL 132.50 Diagonal Puts
SPX 1dte
#SPX1dte Sold to Open $SPX Jan 18th 4525/4545-4735/4755 condors for 1.70, SPX at 4658, IV 11.8%, deltas -.06 +.06
Expiring: 4560/4580-4745/4765 condors, sold yesterday for 1.20.
See y’all Tuesday.
New TSLA Call
Sold 1 TSLA Jan 21 2022 1150.0 Diagonal Call at $5.05.
Holding a long TSLA Feb 1200 call as a hedge.
#OnlySpreads
NFLX
That would not have been good for my Jade Lizard trying to squeeze max out of it. LOL. Not sure what the news was.
TSLA Call Closed
Bought to close 1 TSLA Jan 14 2022 1,100 Diagonal Call at $0.01.
Sold last Friday at $10.34 on a rollup from a Jan 07 2022 1015.0 Call.
Leaves a long Feb monthly Call unhedged and fully paid for.
XLV Puts rolled down again
Bought to close XLV Jan 14 2022 135.5 Puts/ Sold to Open XLV Jan 21 2022 135.0 Puts at $0.02 Credit and lowered the strike $0.50.
Sold these against March longs. Plenty of rolls left.
My short XLV 132.50 Puts will expire at least.
RIVN Puts Closed and Rolled
Bought to close 1 RIVN Jan 14 2022 75.0 Put at $0.01.
Sold on Monday at $2.36
This is at least a #TripleDip sale against a long Jan 65 put.
Rolled this week’s RIVN 83.0 Diagonal Puts to next week’s 80.0 puts for a $0.02 Credit.
My paired short diagonal Calls will expire.
#OnlySpreads
TSLA Put Closed
Bought to close 1 TSLA Jan 14 2022 900.0 Diagonal Put at $0.01.
Sold on Monday at $7.33.
Leaves a Long TSLA Feb 04 2022 730.00 Put that is fully paid for #Earnings Week
SOXL,
BTC February 25, 50 put at 2.80 that I sold yesterday at 2.90 because when I looked at the chart again, if it breaks below $58, it could go down to the mid 40 level and chip stocks are not doing well and I don’t know why.
LABU Put Rolldown
Bought to close LABU Jan 14 2022 25.0 Puts / Sold to Open LABU Jan 21 2022 24.0 Puts at $0.05 Credit.
Rolled 32 and 34 Puts out a week for tiny credits.
TQQQ Put Rolldowns
Some strange strike prices from the split, but some great rolldowns of ITM contracts
Bought to close TQQQ Jan 14 2022 75.5 Puts / Sold to open TQQQ Jan 21 2022 74.75 Puts at $0.05 Credit
Bought to close TQQQ Jan 14 2022 74.5 Puts / Sold to open TQQQ Jan 21 2022 72.5 Puts at $0.05 Credit
Bought to close TQQQ Jan 14 2022 73.5 Puts / Sold to open TQQQ Jan 21 2022 70.5 Puts at $0.05 Credit
Bought to close TQQQ Jan 14 2022 72.5 Puts / Sold to open TQQQ Jan 21 2022 69.0 Puts at $0.27 Credit
At least all my paired short calls expire.
Upside Warning canceled?
#VIXIndicator Yes, it was. In the premarket, $VIX peaked at 22.07, just above the 22.03 level which cancels it. This, after two weeks of volatility which couldn’t quite get it canceled.
Market behaviors change over time, and it seems the VIX may have outgrown the constraints of my indicator.
VXX Call Rolls
On the open:
Rolled VXX 01/14/2022 23.5 Calls to next week at $0.23 Credit
Rolled VXX 01/14/2022 23.0 Calls to next week at $0.28 Credit
Rolled VXX 01/14/2022 22.5 Calls to next week at $0.29 Credit
All my paired short puts for this week at 17.0 and 17.5 will expire
TSLA Call Rollup
Bought to close 1 TSLA Jan 14 2022 950.0 Call at $71.27. Sold on a rollup last Friday at $103.33.
Sold to Open 1 TSLA Jan 21 2022 965.0 Call at $72.67, so a 1.40 Credit and bumped the short strike up 15 points.
One more roll next Friday before #Earning
SPY XBI
#ShortPuts – A couple at the open.
SPY: Selling the expected move and below the 200 day.
Sold SPY FEB 18 2022 435.0 Put @ 4.00
XBI: Adding.
Sold XBI FEB 18 2022 90.0 Put @ 2.30
SPY chart
$SPY Seeing what looks like the completion of a head & shoulder on the daily. Be careful out there.
VIX,
It does not seem it is doing much as an indicator these days.
AMZN 1/28
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.
SPX 1dte
#SPX1dte Sold to Open $SPX Jan 14th 4560/4580-4745/4765 condors for 1.20, SPX at 4673, deltas -.07 +.06, IV 16%.
VXX Calls
New Diagonal for next week
Bought VXX Feb 18 2022 40.0 Calls at $0.40
Sold VXX Jan 21 2022 20.5 Calls at $0.44
VXX approaching 18.40
Short DTE = 8
Long DTE = 36
SOXL
T Stock
Here’s one #FallingKnife stock that I actually bought 6 times as it fell from to $25.83 to $22.50.
Wasn’t too worried because of the low forward P/E and the generous dividend.
Selling off the first lot today at $27.00. (and it just went Ex-div on Jan 07, 2022)
Next sale attempt at 28.00, just above the falling 200-day moving average.
Former #FallingKnife
SOXL
#ShortPuts – Scalped this expiration once and now jumping back in.
Sold SOXL FEB 25 2022 50.0 Put @ 2.70
Sold SOXL FEB 25 2022 55.0 Put @ 4.00
VXX Calls
Wrote against my last long VXX Calls
Sold VXX Jan 14 2022 18.5 Call at $0.25 and $0.26
TQQQ Call Rollup
Bought to close TQQQ Jan 14 2022 71.5 Calls / Sold to Open TQQQ Jan 21 2022 73.0 Calls at $0.05 Net Credit
Edit: I may have been early … again
EWZ
#ShortPuts – Taking a little off the table. Still holding some for next week.
Bought to Close EWZ JAN 21 2022 28.0 Puts @ .22 (sold for 1.18)
Bought to Close EWZ JAN 21 2022 29.0 Puts @ .58 (sold for 1.80)
Rolled EWZ JAN 21 2022 33.0 Puts to EWZ FEB 18 2022 33.0 Puts @ .05 credit (4.10 total now)
TQQQ
#ShortPuts – Taking this now since it was an extra trade in this week outside the normal ladder. Pre split prices.
Bought to Close TQQQ JAN 14 2022 145.0 Put @ .86 (sold for 2.65)
ARKK
#CoveredCalls – Another round.
Bought to Close ARKK JAN 14 2022 89.22 Calls @ .05 (sold for 1.35)
Sold ARKK JAN 21 2022 85.22 Calls @ 1.44
TQQQ
#ShortPuts – Plenty of time to sell this one again. Pre split numbers.
Bought to Close TQQQ FEB 25 2022 115.0 Put @ 3.16 (sold for 5.35)
TQQQ,
BTC January 14, 105 puts, now the 52.5 puts at .01, sold at 1.25 or .625 cents.
TQQQ,
BTC February 25, 115 put at 3.35, sold at 5.31
It’s KOLD again
Bought KOLD Aug 19 2022 4.0 Put at $0.37
Sold to Open KOLD Jan 21 2022 8.0 Put at $0.62
Short DTE = 9
Long DTE = 219
KOLD Currently 8.23
TQQQ,
BTC February 4, 125 put at 2.20, sold at 2.25
CCL Stock
Sold my tiny bit of CCL at $22.38. Bought on 12/01 at $17.00 and was never able to average down.
Now I’m sure it will go much higher but it’s hard to pass up a 30% gain after only a month.
Former #FallingKnife
TQQQ,
BTC January 28, 125 put at 1.50, sold at 1.81
TQQQ,
BTC February 18, 125 put at 4.40, sold at 4.65, Just want to reduce risk and free up margin.
TQQQ,
BTC January 21, 125 put at .57, sold at 3.80
VXX Call
Used the tiny pop in VXX to sell more calls for this week. Partial offset to some really large short put positions.
Sold 1 VXX Jan 14 2022 19.0 Call at $0.30
Sold VXX Jan 14 2022 20.0 Calls at $0.19
VXX1 Puts
Continuing to liquidate the long side of some REALLY ancient #VXXContango trades. Sold next 2 lots and will try for higher prices.
Sold to close VXX1 Jan 21 2022 6.0 Puts at $1.66 and $1.70 .
New Life-of-contract high since the reverse split on VXX.
Bought these on 08/24/2020 at $0.66 and on 11/16/2020 at $0.32.
Equals $6.64 and $6.80 on the current strike 24 puts
TQQQ Call
Don’t want to get too heavy into this position this week because of the upcoming split.
Still, I sold 1 TQQQ Jan 14 2022 160.0 Diagonal Call at $1.00.
Hoping to keep my TQQQ Puts out of the money for 3 more days.
SOXL
#ShortPuts – When I sold these so far out in time figured I’d get a chance to scalp them. Plenty of time to sell again on the next pullback.
Bought to Close SOXL FEB 25 2022 55.0 Puts @ 3.35 (sold for 4.75 and 5.25)
SOXL
#coveredcalls
sto, 14 JAN 2022 69 CALL @.40
done yesterday/was road tripping.
NFLX TSLA
#JadeLizards – Not sure if these will come back enough so taking gains now.
Bought to Close NFLX JAN 14 2022 510/535/540 Jade Lizard @ 3.32 (sold for 5.10)
Bought to Close TSLA JAN 21 2022 860/1050/1060 Jade Lizard @ 7.50 (sold for 10.10)
SPX 1-dte
#SPX1dte Sold to Open $SPX Jan 12th 4590/4610-4765/4785 condors for 1.25, SPX at 4705, deltas -.05 +.07
More VXX Puts
Selling a couple of my old #VXXContango long puts
Sold VXX Jan 21 2022 18.0 Puts at $1.00
Bought these last September at $0.80 and $0.90.
I still have a couple more of these long that I think I should hold on to until this week’s expiration is done.
Options Bistro 