#CoveredCalls – Still weak and getting weaker. Rolling covered call down more….week prior to earnings so good chance to adjust again going into that.
Rolled ZM NOV 19 2021 250.0 Call to NOV 19 2021 230.0 Call @ 13.50 credit (35.80 total now)
Category Archives: Uncategorized
SLV Put Rolldown
Bought to close SLV Nov 12 2021 23.0 Puts / Sold to Open SLV Nov 19 2021 22.5 Puts at $0.02 Credit.
Waiting to see if my SLV 23.0 Covered Calls get assigned tomorrow.
TNA early Rollup
The market seems to have stabilized about 2:45.
Doing another early roll while it is still down
Bought to close TNA Nov 12 2021 98.0 Calls at $6.68. Sold last week on a roll at $14.75
Sold to Open TNA Nov 19 2021 100.0 Calls at $6.73
VXX adding
#VXXGame My only trade going other than SPX: Bought more $VXX June 2022 10 puts for .30. Adds to the position, now at 0.323 average price. Also have January 2023 10 puts purchased for avg 1.008.
TQQQ
STO Dec23 130 put (19 delta) for 4.50. Looking to add at lower strikes on further weakness.
TQQQ early Rollup
Another one while the market is down
Bought to Close 1 TQQQ Nov 12 2021 147.0 Call at $13.00. Sold last week on a roll at $25.20
Sold to Open 1 TQQQ Nov 19 2021 149.0 Call at $13.05.
PENN Stock
Started a tiny new position in PENN at $56.00.
#SP500 #FallingKnife at a new low
ARKK SOXL TSLA
#ShortPuts – A few orders getting hit today.
ARKK: Small add.
Sold ARKK DEC 17 2021 105.0 Put @ 2.10
SOXL: Replacing some closed yesterday.
Sold SOXL NOV 26 2021 55.0 Put @ 2.40
Sold SOXL DEC 3 2021 55.0 Put @ 2.70
Sold SOXL DEC 23 2021 50.0 Put @ 2.77
TSLA: Closed on the big morning bounce.
Bought to Close TSLA NOV 19 2021 675.0 Put @ .90 (sold for 5.15)
LABU Puts
Sold LABU Nov 12 2021 54.0 Puts at $0.74. Paired with short calls for this week at 60 and above.
VXX Calls
Bought to Close VXX Nov 12 2021 24.5 Calls at $0.17. Sold these just yesterday at $0.19 and $0.20.
Sold to Open VXX Nov 19 2021 25.0 Calls at $0.57 with the strike $0.50 higher and a Net Credit of $0.40 extra cash
LABU
STO LABU Nov26’21 50 PUT @1.60
TQQQ Puts
Scalp Trade
Sold TQQQ Nov 12 2021 147.0 Puts @ 0.25
TQQQ Early Call rollup
Bought to close 1 TQQQ Nov 12 2021 156.0 Call at $7.55. Sold last week on a roll at $11.75
Sold to Open 1 TQQQ Nov 19 2021 159.0 Call at $7.70
CAH buy write
Bought stock at 49.81 and STO Jan2022 55 call for .75. Capturing some dividend (ex-div 12/31) from this 3.9% yielder. The stock is at the lower end of a 2 year long basing channel. Plan on adding some on any weakness prior to ex-div.
SPX trades
#SPX5dte Sold to close $SPX Nov 10th 4680/4700 call spreads for 5.50. Puts sold yesterday for 3.50, so 9.00, and loss of 6.45 total.
MRNA
STO Dec 200 put for 6.80. Hoping to see some support at the June breakout level.
VXX Early Put rolldown
The VIX quickly gave up most of yesterday’s gain this morning so rolling my largest short Put position down for a small credit to next week. Market declines only last a day anyway it seems.
Bought to close VXX Nov 12 2021 23.0 Puts at $2.04. Sold last week at $3.63 on another roll.
Sold to Open VXX Nov 19 2021 22.5 Puts at $2.09
BOIL
/NG and its IVR is finally cracking. Since summer, it’s been an ugly ride being short BOIL. Finally having a decent amount green on my screen.
TSLA
With the stock down 133 points, some levered accounts should be getting margin calls about now.
We could be going lower as levered longs unwind.
TSLA
STO TSLA Nov19’21 700 PUT @4.25
HOOD SOXL TNA
#ShortPuts – Closing a few and opening a few.
HOOD: New position.
Sold HOOD DEC 3 2021 33.0 Put @ 1.40
Sold HOOD DEC 3 2021 34.0 Put @ 1.85
Sold HOOD DEC 10 2021 32.0 Puts @ 1.25
SOXL: A little of each.
Bought to Close SOXL NOV 19 2021 40.0 Put @ .10 (sold for 1.20)
Bought to Close SOXL NOV 26 2021 39.0 Put @ .20 (sold for 1.20)
Bought to Close SOXL DEC 3 2021 39.0 Put @ .25 (sold for 1.60)
Sold SOXL DEC 17 2021 50.0 Put @ 2.00
TNA: Completely out of this one for now.
Bought to Close TNA NOV 26 2021 80.0 Put @ .35 (sold for 2.00)
ZBH Stock
Started a tiny new position in ZBH at 134.00, a new 52 week low.
#SP500 #FallingKnife
PYPL
PYPL is down 12%
TSLA Diagonal Put
Sold to Open 1 TSLA Nov 12 2021 840.0 Put at $2.80.
Bought to Open 1 TSLA Nov 19 2021 700.0 Put at $2.36.
My short TSLA 1235.0 call looking much better for this week.
Z,
BTC January 21, 45 put at .60, sold at 1.25
VXX Calls
Sold VXX Nov 12 2021 23.0 Diagonal Calls at $0.33 and $0.40. Paired with short puts at the same strike.
Sold VXX Nov 12 2021 24.5 Diagonal Calls at $0.19 and $0.20. Also paired with short puts at the same strike.
LABU Puts
Sold LABU Nov 12 2021 55.0 Puts at $0.70.
Paired with many short calls 60 and above for this week.
SPX trades
#SPX5dte Sold to close $SPX Nov 10th 4670/4650 put spreads for 3.50. Saving 4680/4700 call spreads for now. Condors bought for 15.45 last Thursday.
TQQQ
#shortputs
STO,23 DEC 2021 ,130 PUT @3.10
EVGO
#shortputs
sto, EVGO 19 NOV 2021, 12.5 PUT @1.40 NYSE
TLRY
#buywrite
close
12 NOV 2021 ,12 CALL/TLRY @11.61 CBOE./ opened for 11.26
quick profit and no since holding till friday
TQQQ
#ShortPuts – Late fill.
Sold TQQQ DEC 23 2021 130.0 Put @ 3.10
MSTR Call Roll
#coveredcalls
$MSTR BTC 11/12 850 call and STO 11/19 870 call at added credit of $11.00. Stock at 860. Jumps to the BTC music
SPX expiration
$SPXW Nov 8 4725/4750 bear call spread (weekend trade). Sold for 1.40 on Friday just after the close.
AMC Earnings
Sold 1 AMC 11/12/2021 60.0 Call at $1.02.
Stock at 45. #Earnings after the close.
SPX trades
#SPX5dte Bought to Open $SPX Nov 12th 4675/4695-4705/4725 condors for 15.25, With SPX at 4700.
Rolling up CAT
Rolled $CAT Dec 17 185 puts up to 200 puts (23 delta) for 1.78 credit. Position is now 200/220 strangle with the stock at 213.50. Total premium now 5.96.
TLRY
#buywrite
BOT ,12 NOV 2021 , 12 CALL/TLRY @11.26 /debit
TSLA,
STO December 675 put at 3.55
Earnings this week
COIN Stock
Sold off another lot at $350.00 this morning. Bought on 05/17 at $240.00
I’m holding on to my final purchase from 05/19 at $212.12 so I’m done trading this name.
TLRY Calls
Sold TLRY Nov 26 2021 15.0 Covered Calls at $0.36
Sold TLRY Nov 19 2021 15.0 Covered Calls at $0.21
Sold TLRY Nov 12 2021 15.0 Diagonal Calls at $0.08
TSLA
Straight Bull put spread to pair up with one of my Call spreads
Bought to open 1 TSLA Nov 12 2021 695.0 Put at $0.98
Sold to Open 1 TSLA Nov 12 2021 840.0 Put at $2.74.
So a $176 Credit.
TNA – Rolling the long side up
Sold to close 1 TNA Nov 12 2021 105.0 Call at $8.92. Bought on 10/05 at $1.12
Bought to Open 1 TNA Dec 23 2021 140.0 Call at $1.91
Gave myself more than a month to get out of the short call written against the long and put $701 in my pocket
AMC Calls closed pre-earnings
Sold to Close AMC Nov 12 2021 65.0 Calls at $0.62 left over from old diagonal spreads. Bought on 10/27 at $0.34
Sold to close 1 AMC Nov 12 2021 50.0 Call at $1.51 left over from another diagonal spread. Bought on 11/01 at $0.85.
I have no short puts at the moment.
#Earnings tonight
TQQQ,
BTC November 12, 75 put at .01, sold at 1.45
TSLA
#ShortPuts – Selling over 2.5 times the expected move with the stock already down nicely. Below all major moving averages and below recent lows.
Sold TSLA NOV 26 2021 675.0 Put @ 3.50
Expiration / Assignment
#optionsexpiration #assignment
$PFE 47.5 call called away
$HOOD 37.5 call
$LVS 43 call
$T 25.5 call
$NVAX 210 call
$SOXL 40.5 put Thanks @fuzzballl
$TQQQ 105 put
$TQQQ 110 put
$MARA 59 put
OptionsExpiration
Only a little left after my Rolls:
AMC 50/43 Bear Call Spread
AMC 37.0 Diagonal Puts
AMC 33.0 Diagonal Puts
LABU 35/59.50 Bull Put Spread
LABU 50 Diagonal Puts
SLV 17.50/21.50 Bull Put Spreads
TLRY 20/11.50 Bear Call Spread
TLRY 11.5 Covered Calls
SPX weekend trade
Was hoping for a stronger move up into the close like the last 1,000 Fridays to get more premium but this will have to do.
Sold to open $SPXW Nov 8 4725/4750 bear call spread @ 1.40, short strike 14 delta.
TNA & TQQQ Calls rolled
TQQQ
Rolled 147.0 Call out a week for a credit
Rolled 155.0 Call to 156.0 Call at a credit
Rolled 157.5 Call to 159.0 Call at a credit
Rolled 160.0 Call to 162.0 Call at a credit
TNA
Rolled 98.0 and 99.0 Calls out a week for a credit
Rolled 105.0 Calls to 107.50 Calls at a credit
AMC Call Rollup
Bought to Close 1 AMC Nov 05 2021 40.0 Call / Sold to Open AMC Nov 12 2021 48.0 Call at $0.16 Credit plus a giant 8 point bump in the short strike.
My short AMC 33 and 37 Puts plus my 43 call will expire
SLV Call Rollup
Bought to close SLV Nov 05 2021 22.5 Covered and Diagonal Calls at $0.01
Sold to Open SLV Nov 12 2021 23.0 Calls at $0.08 and $0.09
FB SQ BUPS Close / LABU Put / MSTR PFE Call Roll / TNA Put Close / PFE Call
#bups
$FB BTC 11/19 300/320 BUPS at 1.57. STO at 4.95
$SQ BTC 11/19 240/250 BUPS at 2.31. STO at 3.55
#shortputs
$LABU STO 11/19 52.5 put at 1.30 Thank you @fuzzballl
$TNA BTC 11/19 70 put at .10. STO at 1.26. Thank you @fuzzballl
#coveredcalls
$MSTR BTC 11/5 800 call and STO 11/12 850 call at added credit of 13.53
$PFE BTC 11/5 46 call and STO 11/12 46 call at added credit of .23. See if stock settles down. MRK did
$PFE STO 11/5 47.5 call at .20
TSLA Spread
Well at least I didn’t lose money on this short 🙂
Bought to close 1 TSLA Nov 05 2021 1,190.0 Diagonal Call at $36.72. Sold Monday at $38.04
And my long hedge in December is up about 9-10 points.
Replaced the short with 1 TSLA Nov 12 2021 1,235.0 Call at $42.90.
So a $6.18 Credit and lowered the spread requirement $4500.
Maybe this new short will expire 🙂 🙂
Closing ROKU calendar
I put this on yesterday and completely lost track of it this morning. I would have closed for a much smaller loss but this one was mostly pilot error. Sold to close $ROKU Nov5/Nov 12 300 put calendar @ 1.30. Bought for 3.59 yesterday.
VIX
Any idea why we had a 10% spike in VIX?
TQQQ
#ShortPuts – Small add at the bottom of the ladder.
Sold TQQQ DEC 17 2021 130.0 Put @ 2.55
ARKK
#ShortPuts – Continuing my move away from having so many individual stocks. The “work from home” stocks are getting killed today after the jobs report so using this to stay involved but eliminate single stock risk. Selling the expected move below all major moving averages and near recent lows. Starter size for me (1). 🙂 🙂
Sold ARKK DEC 17 2021 110.0 Put @ 2.20
Top 10 holdings are about 50 percent of the fund.
TQQQ,
STO December23, 170 put at 13.05 on one contract in my IRA
VXX Calls
Rolling this weeks covered calls to a strike equal to my largest short put position for next Friday.
I wouldn’t mind rolling the calls if I can cover the puts for a penny. (but it’s unlikely)
Bought to Close VXX Nov 05 2021 26.0 Calls at $0.01
Bought to Close VXX Nov 05 2021 25.0 Calls at $0.01
Bought to Close VXX Nov 05 2021 23.0 Calls at $0.01
Bought to Close VXX Nov 05 2021 22.5 Calls at $0.01
Bought to Close VXX Nov 05 2021 22.0 Calls at $0.01
Bought to Close 1 VXX Nov 05 2021 21.5 Calls at $0.02
Sold to Open VXX Nov 12 2021 23.0 Calls at $0.22, $0.23, $0.24, $0.26 and $0.29
PTON
PTON is down 35%
DKNG
DKNG is down 3.3%
ZM
#CoveredCalls – Rolled down twice today. Selling under my basis but keeping more downside protection.
Rolled ZM NOV 19 2021 267.5 Call to NOV 19 2021 260.0 Call and then to Nov 19 2021 250.0 Call @ 10.50 credit (22.35 total now)
CTXS Stock
A former #SP500 #FallingKnife trading back at a new low.
I first bought this on 07/29 at $94.70 but exited it in September at $115.00 before getting back in at $92.14 on 10/12.
Added a tiny bit today at $90.00.
Will wait for $85 to add again.
LABU
#ShortPuts – A small one a couple weeks out. Selling below all major moving averages and near recent lows.
Sold LABU NOV 19 2021 52.5 Puts @ 1.05
SPX trades
#SPX1dte STOPPED, Bought to close $SPX Nov 5th 4595/4615 call spreads for 2.50. Condors sold yesterday for .95. Stop really was hit in pre-market when I should have exited, but fortunately we have faded from the highs so my loss is bearable.
SPX7dte/5dte Results
#SPX5dte (formerly #SPX7dteLong) I started this during the depths of the pandmeic-panic in April 2020. I was getting blown out on my #SPX1dte strategy with gap opens that hadn’t happened in years, and I realized it was pretty much guaranteed that the market would move more than 20 points each week. I stuck with it and it turns out it has been a workable strategy even in quieter times. After a weaker performance in Jan-Jun 2021, I started being more active with exits, rather than waiting for expiration. That as helped and you can see the trend improving in recent months. Happy to answer questions, and I can provide more details in the coming weeks.
The chart is tracking PER OPTION gains and losses, so does not account for quantities. Currently, for every $15,000 in each account, I am buying 1 condor per expiry in this strategy, and simultaneously 1 condor per expiry in my #SPX1dte strategy. So for this strategy from April 2020 to present I have made 10K for every 15K in each account.
Rolling AMZN
With the stock breaching the call spread, rolled $AMZN Nov 19 3190/3200/3530/3540 iron condor out to Dec 3 3420/3430/3650/3660 iron condor @ .50 credit. Total premium taken in now 4.00.
SPCE
#CoveredCalls – Will be assigned stock this weekend. Getting a jump on earnings next week selling the calls today. Selling slightly under basis for a little more downside protection.
Sold SPCE NOV 12 2021 18.0 Calls @ 2.15
MRNA
MRNA is down 20%
Jan 150 Puts are $3
LABU
#ShortPuts – Adding…filled right at the open.
Sold LABU DEC 10 2021 52.5 Put @ 2.50
LABU Call Rollup
Rolled lower strike calls yesterday. This is the last one for this week in LABU.
Bought to close 1 LABU Nov 05 2021 62.0 Call at $1.60. Sold on Wednesday at $2.79.
Sold to Open 1 LABU Nov 12 2021 66.0 Call at $0.05 Credit to replace it.
My 2 small short LABU 50.0 Puts will expire this afternoon
October Jobs Report
#Jobs — After two months below, October was ABOVE expectations. Additionally, 235K were added in prior-month revisions.
Gain of +531,000 non-farm payroll jobs, vs. expected gain of 450K.
Unemployment at 4.6%, down by 0.2
U6 unemployment at 8.3%, down by 0.2
Labor force participation 61.6%, unchanged
Average hourly earnings up 0.4%, or 4.9% year over year
September jobs revised up by +118K to +312K
August jobs revised up by +117K to +483K
FAS
#ShortPuts – First time in this thing in years. Taking a tiny shot down closer to the 200 day.
Sold FAS DEC 17 2021 115.0 Put @ 2.75
Options Bistro 