I guess all gaps are eventually filled
Category Archives: Uncategorized
IWM TNA Chart
Expiration
#optionsexpiration #assignment
$UPST 140 call
$UPST 165 call
$STLD 75 call
$LABU 38 call (called away)
$MRVL 93 call
$U 145 call
$BX 135 call
$HOOD 20 call
$SNAP 44 call (called away)
$EWZ 30 put (assigned)
$LABU 53 put (assigned)
$MTDR 40 put (assigned)
$FXI 38 put (assigned)
$AA 46 put
Note to self. First expiration in a long time that I lost money selling puts.
Options Expiration
$PYPL Dec-17-2021 185 #ShortPut #cashsecured
OptionsExpiration
As with any major monthly expiration a lot of old long calls and puts from old spreads rolled off. In most cases I was able to get one more week of writing against them since they were worthless coming into this week.
I start with a clean slate on Monday with a lot less risk.
Except for VXX, there was little left to expire after closing orders and rolls. But EVERY short position I had for this week in VXX expired, so a clean slate starting next Monday.
==Expired==
KOLD 12/17/2021 5.0 Diagonal Puts
KOLD 12/17/2021 6.0 Diagonal Puts
LABU 12/17/2021 32.0 Diagonal Puts
SQQQ 12/17/2021 7.0 Covered Call
TNA 12/17/2021 73.0 Diagonal Puts
TNA 12/17/2021 74.0 Diagonal Puts
TNA 12/17/2021 77.0 Diagonal Call
TLRY 12/17/2021 25/12 Bear Call Spreads
TSLA 12/17/2021 840.0 Diagonal Put
TSLA 12/17/2021 850.0 Diagonal Put
TQQQ 12/17/2021 175/177.50 Bull Call Spread
TQQQ 12/17/2021 60/139 Bull Put Spreads
TQQQ 12/17/2021 139.0 Diagonal Puts
VXX1(pre-split) 12/17/2021 5.0 Diagonal Puts
VXX 12/17/2021 15/19.5 Bull Put Spreads
VXX 12/17/2021 15/20 Bull Put Spreads
VXX 12/17/2021 15/20.5 Bull Put Spreads
VXX 12/17/2021 20.5 Diagonal Puts
VXX 12/17/2021 21.0 Diagonal Puts
VXX 12/17/2021 22.5 Diagonal Calls
VXX 12/17/2021 23.0 Diagonal Calls
VXX 12/17/2021 23.5 Diagonal Calls
VXX 12/17/2021 24.0 Diagonal Calls
VXX 12/17/2021 24.5 Diagonal Calls
VXX 12/17/2021 25.0 Diagonal Calls
VXX 12/17/2021 25.5 Diagonal Calls
VXX 12/17/2021 50/26 Bear Call Spread
VXX 12/17/2021 49/26 Bear Call Spread
VXX 12/17/2021 40/26.5 Bear Call Spreads
VXX 12/17/2021 37/27 Bear Call Spreads
VXX 12/17/2021 36/28 Bear Call Spreads
LATE day New lows – LDOS LEG
Started 2 new tiny stock positions on a late day market swoon
Bought LDOS at $86.64
Bought LEG at $38.58 (Dividend Yield: 4.02% – Number of Years of Consecutive Dividend Growth: 50 )
#SP500 #FallingKnife
TQQQ
#JadeLizard – Another one just to have something to watch next week and to keep things stirred up. 🙂 🙂
Sold TQQQ DEC 23 2021 143.0/157.5/160.0 Jade Lizard @ 3.75
TNA Calls
These are the last positions to roll for this week.
Bought to Close TNA Dec 17 2021 76.0 Calls at $1.82. Sold on after the Fed meeting Wednesday at $2.74.
Sold to Open TNA Dec 23 2021 80.0 Calls at $2.31, for a $0.46 Credit and a 4 point bump in the short strike.
TSLA
#JadeLizards – Setting up another Jade Lizard on the bounce. Come and get it!
Sold TSLA JAN 21 2022 1020.0/1025.0 Bear Call Spread @ 1.65
Position now:
TSLA Jan 21 2022 650/1020/1025 @ 6.20
SPY
#JadeLizards – Let’s see if it can run back to all time highs. Selling against short puts down at the 200 day setting up Jade Lizards.
Sold SPY JAN 21 2022 473.0/478.0 Bear Call Spreads @ 1.70
Positions now:
SPY Jan 21 2022 425/473/478 @ 5.40
SPY Jan 21 2022 435/473/478 @ 5.20
RIVN Put rolled down
#Earnings crushed the stock but I’m still able to roll the Put
Bought to close 1 RIVN Dec 17 2021 100.0 Put / Sold to Open 1 RIVN Dec 23 2021 90.0 Put at $0.05 Net Credit and moved the strike down a whopping 10 points for only one more week.
ARKK
#CoveredCalls – Sold ARKK DEC 23 2021 100.0 Calls @ 1.18
TQQQ,
STO January 21, 90 puts at 1.24 in my IRA
TQQQ,
BTC December 17, 110 puts at .01, sold at 1.29, This was a big expiration today.
LABU Puts Rolled
Bought to Close LABU Dec 17 2021 43.0 Puts at $4.03. Sold on a roll last week at $8.30.
Sold to Open LABU Dec 23 2021 42.0 Puts at $4.08 for a nickel credit plus a point lower on the strike.
Bought to Close LABU Dec 17 2021 46.0 Puts at $6.30. Sold on a roll last week at $11.04.
Sold to Open LABU Dec 23 2021 46.0 Puts at $6.70 for a $0.40 credit.
AMC Jan
Sold to open $AMC Jan 21 22 puts @ 2.30. 22 delta.
VRTX Stock
My 2nd swing trade in this stock.
Sold my oldest, highest cost lot at $217.26. Bought this on 06/15/2021 at $190.00
I still have lots at $185 and $180 from September and October.
Former #SP500 #FallingKnife
FAS
#JadeLizards – Going back in with the lizard. Most big bank earnings the week before expiration.
Sold FAS JAN 21 2022 95.0/130.0/134.0 Jade Lizard @ 4.17
TQQQ,
BTC December 17, 105 puts at .01, sold at 1.06
VXX Call spread
Bought to Open 1 VXX Jan 21 2022 47.0 Call at $0.94
Sold to Open 1 VXX Dec 23 2021 23.0 Call at $1.10 for a $0.16 credit for the first week.
Waiting for this week’s short calls and puts to roll off this afternoon.
🙂 🙂 They are ALL out of the money for now 🙂 🙂
SOXL
#ShortPuts – First ones in this expiration.
Sold SOXL FEB 18 2022 45.0 Put @ 3.90
Sold SOXL FEB 18 2022 50.0 Put @ 5.70
RIVN Call closed
Bought to close 1 RIVN Dec 17 2021 127.0 Call at $0.05. It won’t trade any lower. Sold on Monday at $3.29
#DoubleDip write
#OnlySpreads
SPX trades
#SPX5dte Sold to close $SPX Dec 17th 4685/4665 put spreads for 17.25. Bought for 17.00 on Monday, so barely above breakeven. I would normally wait for expiration, but can’t afford the risk after this brutal week for this strategy.
ADBE post-earnings
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.
LABU Puts – rolling the long out
Sold to close 2 LABU Dec 17 2021 35.0 Puts at $1.43.
Bought these on 10/18 at $1.23 and on 10/25 at $0.72 as the long side of some diagonal spreads.
Replaced them with long puts a full month longer.
Bought to open LABU Jan 21 2022 25.0 Puts at $1.18.
I’ve got short 32 puts expiring tomorrow that are currently out of the money with LABU at 34.35 and I’m hoping these stay that way
VXX Calls
Setting up some calls for next week.
This week’s are looking good.
Sold VXX Dec 23 2021 25.0 Calls at $0.49 & again at $0.54
#VXXContango
#OnlySpreads
TQQQ Straddle
I’ve set up a short straddle at 140 for next Friday by rolling this week’s short 139 call and adding a new diagonal Put spread
Bought to close 1 to Close 1 TQQQ Dec 17 2021 139.0 Call / Sold to Open 1 TQQQ Dec 23 2021 140. Call at $0.02 Credit and bumped the short strike a point (I did this way too early in the day).
Bought to Open 1 TQQQ Jan 07 2022 110.0 Put at $1.35
Sold to Open 1 TQQQ Dec 23 2021 140.0 Put at $2.42 for a $1.07 Credit
Still waiting for this week’s short 139.0 puts to drop to a penny.
SPX trades
#SPX5dte Bought to Open $SPX Dec 22nd 4665/4685-4695/4715 condors for 17.40.
TQQQ,
STO January 14, 105 put at 1.25
soxl
btc,23 DEC 2021 50 PUT @.30/sold @2.98
TQQQ,
BTC December 17, 85 puts at .01, sold at 3.85 a long time ago.
NVDA TSLA
#ShortPuts – Both prior to earnings and well outside expected moves.
Sold NVDA JAN 21 2022 240.0 Put @ 4.00
Sold TSLA JAN 21 2022 650.0 Put @ 4.55
TSLA Call Rollup
Bought to close 1 TSLA Dec 17 2021 910.0 Call at $44.50. Sold last week on a rollup at $133.20
Sold to Open 1 TSLA Dec 23 2021 930.0 Call at $44.60 and bumped the short strike up 20 points.
Still waiting to cover this week’s short TSLA 840 & 850 puts at a penny.
SOXL
ShortPuts – Giving Mr. Market something to watch.
Sold SOXL DEC 23 2021 60.0 Put @ 1.50
Markets
TQQQ
#ShortPuts – Taking one off and going for the double dip the following week.
Bought to Close TQQQ DEC 23 2021 130.0 Put @ .55 (sold for 3.10)
Sold TQQQ DEC 31 2021 140.0 Put @ 2.45
SOXL
#ShortPuts – Bought to Close SOXL DEC 23 2021 50.0 Put @ .25 (sold for 2.77)
TQQQ Call Rollup
Bought to Close 1 TQQQ Dec 17 2021 157.5 Call at $9.61. Sold last week on a rollup at $12.18.
Sold to Open 1 TQQQ Dec 23 2021 160.0 Call at $9.63 plus a 2 1/2 point better strike.
Just before the Fed meeting yesterday this was out of the money. Sigh 😦
TNA et all
MKTX Stock
Sold my first and highest cost lot of MKTX at $415.00 for a tiny gain.
The stock was up over 18 points today.
I have 6 lower cost lots (all the way down to $350) to get rid of so this is just a start.
VXX Puts
Selling Calls all week, now pivoting to Puts
Sold VXX Dec 23 2021 18.0 Puts at $0.11.
I’ve got long Jan 2022 18.0 Puts and I don’t intend to sell them in the next week, so zero downside risk.
#VXXContango
TQQQ,
BTC December 17, 65 puts at .01, sold at 2.48
LABU TNA Calls
Daring the market to continue higher but I hedged my bets with long Jan 21st calls to define risk.
Sold TNA Dec 17 2021 77.0 Calls at $2.82. Paired with 1 old TNA short 74 Put and today’s short TNA 73 Put plus another deep ITM put that I’ll need to roll Friday
Sold LABU Dec 17 2021 38.0 Calls at $0.40 Paired with several ITM short Puts that will need to be rolled. It would help if the short 38 calls were tested on Friday.
QQQ Iron Condor
Sold to open Jan 21 350/360/410/420 iron condor @ 2.75. Short strikes at 20 delta. IV rank 48.
VXX Calls
Sold VXX Dec 17 2021 28.0 Calls at $0.22.
Then the VIX collapses
I love Fed days
SPX trades
#SPX5dte Sold to close $SPX Dec 15th 4680/4700 call spreads for 1.00. Another one bites the dust. Condors bought for 17.35 last Thursday. Puts sold for 5.80 on Monday, so 6.80 total, loss of 10.55. I certainly have not been reading this market well for my leg outs.
ROKU XLP
Consumer Staples ETF XLP hits all-time trading high as investors support defensive stocks
and … ROKU down big today @fuzzballl
VXX Call Spread
VXX Keeps topping out at the 23 level so I’ll risk one more bearish diagonal spread
Bought VXX Jan 21 2022 48.0 Call at $1.07
Sold to Open VXX Dec 17 2021 23.0 Call at $1.11 for a $0.04 Credit for the next 2 1/2 days and the chance for multiple re-writes
Closing TSLA Spread
Closed out 1 TSLA Dec 850/Jan 1250 Bear Call Spread at $80.0 Debit.
The time premium is gone on the short call and it’s tough to roll.
Since I rolled my original long side position out and up to January on 11/22 for a $140.0 Credit (see my post from that date) that leaves me with a 60 point winner and a whole lot less risk in the account.
EWZ FXI KWEB ROKU TNA
#JadeLizards – Turning some short put positions into Jade Lizards or getting the stock covered early. Nice basis lowering with minimal upside risk.
Sold EWZ JAN 21 2022 28.0/33.0 Bear Call Spreads @ 1.10 credit
Sold FXI DEC 31 2021 35.0/47.o Bear Call Spreads @ 1.80
Sold KWEB DEC 31 2021 35.0/50.0 Bear Call Spread @ 5.02
Sold ROKU DEC 23 2021 195.0/210.0 Bear Call Spread @ 7.65
Sold TNA JAN 21 2022 70.0/80.0 Bear Call Spread @ 5.10
SNAP ZM
#CoveredCalls – My two worst positions of the year are now closed. Taking the losses. Not small but bearable giving back about 8 percent of realized gains for the year. I’ve always said realized gains are the best hedge and that’s paying off here at the end of the year allowing me to close some lousy positions but still have a great year.
Now only in 2 individual stocks so comfortable with that. Everything else is no more single stock risk.
Go JP!!
TNA Put
Sold 1 TNA Dec 17 2021 73.0 Diagonal Put at $2.48.
TNA at a 6-month low of 74.02
CLX LUV MDT PENN Stock trades
Started a tiny new position in LUV at a new low of $40.00.
Added to my tiny position in MDT at a new low of $104.00.
Added to my tiny position in PENN at a new low of $45.00.
Sold half of my CLX stock at $174.46. Bought on 08/03 at $163.00. Got a divvy payment in between.
Still holding stock bought at $160.00 the same day.
#SP500 #FallingKnife
SOXL TQQQ
#ShortPuts – No idea what JP will say tomorrow so taking these a couple days early.
Bought to Close SOXL DEC 17 2021 50.0 Put @ .25 (sold for 2.00)
Bought to Close TQQQ DEC 17 2021 130.0 Put @ .26 (sold for 2.55)
TQQQ,
BTC January 7, 115 put at 1.75, sold at 2.80 in my IRA, I just want to reduce risk in my IRA and trading account because I think the bull market is over.
SPX trades
#SPX5dte Bought to Open $SPX Dec 20th 4610/4630-4640/4660 condors for 17.90, with SPX at 4637.
LABU Put
Closed a long Put for a slight gain after writing against it many, many times since I bought it.
Sold to close 1 LABU Dec 17 2021 35.0 Put at $3.23.
Bought this way back on 07/14/21 at $3.18.
(Sold 1 LABU Jul 23 2021 60.0 Put against it at $3.23 and bought it back at $0.54.
Replaced it with 1 LABU Jul 30 2021 55.0 Put at $1.22 and bought that back at $0.68.
Replaced it with 1 LABU Aug 06 2021 50.0 Put at 1.23 and that expired.
….. And so on and so on until today)
#WinWin
TSLA
Should I or shouldn’t I??
I have a chance to close out a TSLA Bear Call spread at a net credit (Profit) but it’s still moving in my direction with the stock at $932
+1 Jan 21 2022 1,250.00 -$9,022.67
-1 Dec 17 2021 910.00 +$9,579.26
Thoughts??
SPY
#ShortPuts – Below the 200 day, below recent lows, and outside the expected move.
Sold SPY JAN 21 2022 425.0 Put @ 3.70
SOXL XBI
#ShortPuts – A couple fills while I was out.
SOXL: Adding.
Sold SOXL JAN 28 2022 50.0 Put @ 3.80
XBI: Starter. First time in this one in a long time.
Sold XBI JAN 21 2022 100.0 Put @ 2.10
VXX Call Ladder
Sold VXX Dec 17 2021 27.0 Calls at $0.27
Sold VXX Dec 17 2021 26.5 Calls at $0.35
Sold VXX Dec 17 2021 26.0 Call at $0.42
Sold VXX Dec 17 2021 25.5 Call at $0.48
Sold VXX Dec 17 2021 25.0 Call at $0.58
Sold VXX Dec 17 2021 24.5 Call at $0.69
Sold VXX Dec 17 2021 24.0 Call at $0.82.
About done for this week’s sales.
#VXXContango #OnlySpreads
RIVN Put
One final write against a long December put
Sold 1 RIVN Dec 17 2021 100.0 Put at $1.20. Replaces the 105 put that expired Friday.
I now have a RIVN 100/127 short strangle for a total premium of $4.29
#OnlySpreads
SOXL
#ShortPuts – Small add.
Sold SOXL DEC 31 2021 57.5 Put @ 3.40
VXX Calls
Sold a few more VXX Dec 17 2021 26.0 Calls at $0.33
TQQQ Puts
Sold Dec 17 2021 139.0 Diagonal Puts at $1.33 and $1.37.
Paired with short calls all the way from 139 up to 177.50 for this week.
#OnlySpreads
MRVL LABU U Calls
#coveredcalls #syntheticcoveredcalls
$MRVL STO 12/17 93 call at .48
$LABU STO 12/17 38 call at 1.60
$U STO 12/17 call at 1.30
Markets
I’ve been reading this guy for several years. Check it out.
http://charleshughsmith.blogspot.com/2021/12/get-in-crash-positions.html
SPY SVXY
#ShortPuts – A couple more.
SPY: Going in at the 200 day again.
Sold SPY JAN 21 2022 435.0 Put @ 3.50
SVXY: Traded it once this year for a winner. It survived the covid crash so it could be a decent trade again (in spite of our history with it).
Sold SVXY JAN 21 2022 50.0 Put @ 1.90
TQQQ,
STO January 28, 125 put at 4.25
RIVN Call
Sold 1 RIVN Dec 17 2021 127.0 Call at $3.29
#DoubleDip write replacing a similar diagonal call that expired Friday.
#OnlySpreads
VXX Call Ladder
Replacing some that expired Friday
Sold VXX Dec 17 2021 25.5 Calls at $0.27
Sold VXX Dec 17 2021 25.0 Calls at $0.32 and $0.33
Sold VXX Dec 17 2021 24.5 Calls at $0.38
Sold VXX Dec 17 2021 24.0 Calls at $0.45
Sold VXX Dec 17 2021 23.5 Calls at $0.56
Sold VXX Dec 17 2021 23.0 Calls at $0.61, $0.62 and $0.67
Sold VXX Dec 17 2021 22.5 Calls at $0.80
All these strikes are above the highest strike puts that I’m short for this week.
Now fully paired up with all my short puts for this week.
SOXL
#ShortPuts – Small adds.
Sold SOXL JAN 7 2022 57.5 Put @ 2.70
Sold SOXL JAN 14 2022 55.0 Put @ 2.70
Sold SOXL JAN 21 2022 55.0 Put @ 3.20
EWZ FXI
#ShortPuts – Taking profits and reducing size. Still holding enough to keep my interest.
EWZ:
Bought to Close EWZ DEC 17 2021 29.0 Puts @ .56 (sold for 1.95)
Bought to Close EWZ DEC 17 2021 30.0 Puts @ 1.22 (sold for 2.34)
Bought to Close EWZ DEC 17 2021 31.0 Puts @ 2.11 (sold for 2.87)
Bought to Close EWZ DEC 17 2021 32.0 Puts @ 3.10 (sold for 3.58)
FXI:
Bought to Close FXI DEC 17 2021 39.0 Puts @ 1.23 (sold for 1.30)
Bought to Close FXI DEC 31 2021 38.0 Puts @ .90 (sold for .95)
SPX trades
#SPX5dte Sold to close $SPX Dec 13th 4685/4665 put spreads for 3.20. Looking for the afternoon bounce to collect on call side.
SOXL TQQQ
#ShortPuts – Replacing this week’s with fairly aggressive strikes. Come and get it Mr. Market.
Sold SOXL JAN 28 2022 55.0 Put @ 3.40
Sold TQQQ JAN 28 2022 130.0 Put @ 4.40
Options Bistro 