PENN is down today 20%
Category Archives: Uncategorized
ZM
#CoveredCalls – Stock down slightly today so rolling a day early and out to the week before earnings.
Rolled ZM NOV 5 2021 267.5 Call to NOV 19 2021 267.5 Call @ 3.10 credit
HOOD earnings
#ShortPuts #CoveredCalls – Had barely ITM calls exercised twice on me the night after selling them. Each time was slightly below my basis. Finally replaced everything with new short puts instead. Closed those today to get out of the entire position for about a $30 gain. LOL It’s been a good one though so looking to get back in.
Bought to Close HOOD NOV 5 2021 36.0 Puts @ .12 (sold for 2.04)
EWZ LABU
#ShortPuts – Small adds. EWZ is now a full position for me.
Sold EWZ DEC 17 2021 27.0 Puts @ 1.20
Sold LABU DEC 17 2021 50.0 Put @ 2.00
ROKU earnings
#ShortPuts – Probably should have closed this earlier. Figured I’d put a stop on it for beer money and see what happens. Hanging on the edge of what could be a lot more downside.
Bought to Close ROKU NOV 19 2021 260.0 Put @ 2.80 (sold for 3.00)
SPX trades
#SPX5dte Bought to Open $SPX Nov 10th 4650/4670-4680/4700 condors for 15.45, with SPX at 4674.
TQQQ,
BTC November 5, 95 put at .01, sold at 1.53
NIO Call Roll
#coveredcalls
$NIO BTC 11/4/42 call and STO 11/12 44 call at even
Taking one for the team.
TQQQ,
STO December 23, 170 put at 13.50
T
Added to my tiny T stock position at $25.00
Nice divvy down here,
#SP500 #FallingKnife
MKTX stock
Not every #SP500 stock is up
Bought a bit more MKTX at a new low of $394.34 before it continued lower
#FallingKnife
GS,
STO December 17, 380 put at 6.05, adding to my position.
LABU
#ShortPuts – Reloading out in Dec. All starter positions below the 50 day and near recent lows.
Sold LABU DEC 17 2021 51.0 Put @ 2.00
Sold LABU DEC 17 2021 52.0 Put @ 2.20
Sold LABU DEC 17 2021 53.0 Put @ 2.47
Sold LABU DEC 17 2021 54.0 Put @ 2.70
Sold LABU DEC 17 2021 55.0 Put @ 3.00
EWZ
#ShortPuts – Small add.
Sold EWZ DEC 17 2021 28.0 Put @ 1.55
ROKU calendar
Borrowing a page from @tradelikeahawk and putting on a 1 day post earnings calendar. Bought Nov 5+Nov 12 300 put calendar @ 3.59.
SPX trades
DNMR Put / HOOD Put Close / HOOD NVAX Call
#shortputs
$DNMR STO 11/19 17.50 put at .95
$HOOD BTC 11/5 37 put at .90. STO at 2.80. Thanks @fuzzballl
#coveredcalls
$HOOD STO 11/5 37.5 call at .44. These are shares put to me on Friday
$NVAX STO 11/5 210 call at 4.50. At the expected move of $15. Earnings tomorrow after
ROKU earnings
#ShortPuts – Wasn’t going to do anything in this one but with the overall market rally today I need some new positions. Going out a little and selling slightly more than the expected move.
Sold ROKU NOV 19 2021 260.0 Put @ 3.00
TQQQ,
STO December 17, 105 put at 1.06
STO December 17, 110 put at 1.29
Z,
STO January 22, 45 put at 1.25
ATVI WU Stock
A couple of #SP500 names at a new low today. Added a small bit of each.
Bought ATVI at $65.88
Bought WU at $17.58.
At least my tiny position in FMC stock is up 12% today.
Z
If Cathie Woods is buying Zillow, that is good for me … 🙂 🙂
STO Z Jan21’22 50 PUT @1.50
EWZ
#ShortPuts – A couple more fairly aggressively. Up to an 80 percent position size now.
Sold EWZ DEC 17 2021 31.0 Put @ 3.60
Sold EWZ DEC 17 2021 32.0 Put @ 4.50
EWZ LABU TNA
#ShortPuts – A few opening and closing.
EWZ: Adding.
Sold EWZ DEC 17 2021 29.0 Put @ 2.30
Sold EWZ DEC 17 2021 30.0 Put @ 3.10
LABU: Got the move I was looking for. Completely out for the first time in quite awhile.
Bought to Close LABU NOV 12 2021 48.0 Put @ .15 (sold for 1.25)
Bought to Close LABU NOV 12 2021 49.0 Put @ .20 (sold for 1.50)
Bought to Close LABU NOV 12 2021 50.0 Put @ .25 (sold for 1.60)
Bought to Close LABU NOV 12 2021 51.0 Put @ .30 (sold for 2.05)
Bought to Close LABU NOV 19 2021 48.5 Put @ .45 (sold for 2.00)
Bought to Close LABU NOV 19 2021 49.0 Put @ .50 (sold for 2.10)
Bought to Close LABU NOV 19 2021 65.0/55.0 Bull Put Spreads @ 4.60 (sold for 7.00)
TNA: Taking a few off here.
Bought to Close TNA NOV 19 2021 70.0 Put @ .25 (sold for 1.40)
Bought to Close TNA NOV 19 2021 75.0 Put @ .35 (sold for 2.10)
TLRY Covered Calls
Sold TLRY Nov 05 2021 11.5 Calls at $0.20
TSLA Call Rollup
Bought to close 1 TSLA Nov 05 2021 875.0 Call / Sold to Open 1 TSLA Nov 12 2021 880.0 Call at $0.30 Credit plus lowered my spread requirements $500
SNAP Call Roll
#coveredcalls
$SNAP BTC 11/5 56 call and STO 11/12 56 call at .50 added credit
MARA Put / Roll TSLA Call / TQQQ Put Close
#shortputs
$MARA STO 11/5 59 put at 1.25 (Timing off for sure)
$TQQQ BTC 1/21/2022 50 put at .18. STO at 8.50. Shout out to @jsd501
#syntheticcoveredcalls
$TSLA BTC 11/12 1200 call and STO 11/19 1220 call at added credit of $6.66
DNMR T PFE Call / SNOW Call Roll / TSLA Call Roll
#coveredcalls #syntheticcoveredcalls
$DNMR STO 11/19 20 call at .65
$T STO 11/5 25.5 call at .10
$PFE STO 11/5 46 call at .40
$SNOW BTC 11/5 357.5 call and STO 11/12 360 call at added credit of 2.26 and $2.50 more if called away. Basis 333.71.
$TSLA BTC 11/5 1170 call and STO 11/12 1200 call at added credit of 6.99
LABU EWZ
#ShortPuts – A couple while I was out today.
LABU: Nice rally in this one.
Bought to Close LABU NOV 5 2021 51.0 Put @ .15 (sold for 1.85)
EWZ: Another add.
Sold EWZ DEC 17 2021 27.0 Put @ 1.30
TQQQ,
I am starting to get filled on my November 5, 95 puts at .01 cents, one contract at a time.
SPX trades
#SPX5dte Bought to Open $SPX Nov 8th 4605/4625-4635/4655 condors for 16.20, with SPX at 4632.
TAN,
STO December 17, 83 put at 1.20
GS,
STO December 17, 380 put at 4.40 early this morning. There is chatter about the FED raising interest rates but I don’t see it until after the end of this year. Higher rates are good for this stock.
SLV Puts
Sold SLV Nov 05 2021 21.5 Puts at $0.18.
Replaces short SLV 22.o Puts that expired Friday
COIN Stock
Sold off another lot at $340.00 this morning. Bought on 05/17 at $250.00
Two more lots to go
Closing LABU
Bought to close $LABU Nov 19 35 puts @ .05. Sold for 1.20 on 9/29.
IB account in October…..positions and performance….added an additional tracking which seems to be helping
SNAP Call
#coveredcalls
$SNAP STO 11/5 56 call at .60
AMC Call
Sold 1 AMC Nov 05 2021 40.0 Diagonal Call at $0.89
SPX trades
#SPX5dte Bought to Open $SPX Nov 5th 4580/4600-4610/4630 condors for 16.25, with SPX at 4607.
TSLA Spread
Bought to Open 1 TSLA Dec 17 2021 1,400.0 Call / Sold to Open 1 TSLA Nov 05 2021 1,190.0 Call at $0.15 Credit.
Sold the 1,190 Call at $38.04 and hoping it’s much lower on Friday.
Is this the week where I finally get a short to expire?
BITO Put
Sold to close 1 BITO Dec 17 2021 27.0 Put at $0.55. Bought at $0.52
The short 37 Put I had written against it expired Friday so a #WinWin spread trade.
This is not as volatile as I had hoped so exiting with gains rather than continue playing with it.
#soxl sto 10 DEC 2021…
Closing SKLZ
Bought to close $SKLZ Nov 19 12.50 puts @ 1.55. This was a position that was rolled a couple of times:
-On 9/3 sold the Sep 17 12.50 puts @ 1.15
-On 9/15 rolled to Oct 15 for .51 credit
-On 10/15 rolled to Nov 19 for .30 credit
Total credit taken in 1.96 (.41 profit)
MSTR MRVL NIO Calls
#coveredcalls #syntheticcoveredcalls
$MSTR STO 11/5 800 call at 6.40
$MRVL STO 11/5 71.5 call at .16
$NIO STO 11/5 42 call at .50 Shares put to me Friday
Closing SPX weekend trade
Bought to close $SPXW Nov 1 4630/4655 bear call spread @ .20. Sold for 2.00 Friday.
LABU Strangles
Sold 1 LABU Nov 05 2021 50/60 Strangle at $1.52
Sold 1 LABU Nov 05 2021 50/61 Strangle at $1.45
VXX Covered Calls
Sold VXX Nov 05 2021 25.0 Calls at $0.17
Sold VXX Nov 05 2021 26.0 Calls at $0.12
TNA Calls
I had some extra, long TNA Calls in the account left over from old Diagonal spreads.
Dumped the ones expiring this week at a gain while holding onto longer dated calls.
Sold to close TNA Nov 05 2021 105.0 Calls at $0.45. Bought on 10/13 at $0.36 and $0.38.
These might be a short candidate too.
TQQQ
#ShortPuts – Adding to the ladder down near the 200 day.
Sold TQQQ DEC 10 2021 120.0 Put @ 2.25
LABU Call
Sold 1 LABU Nov 05 2021 58.5 Call at $1.26 replacing one of the calls that expired Friday.
#OnlySpreads
COIN Stock
Sold off another lot at $330.00 this morning. Bought on 05/06 at $260.00
TNA Call
Sold 1 TNA Nov 05 2021 99.0 Call at $0.79 replacing one of the calls that expired Friday.
#OnlySpreads
Options Expiration / Assignment
#optionsexpiration
$MRVL 69 call
$MSTR 800 call
$SNAP 60 call
$UPST 380 call
#assignment
$ENPH 182.5 call
$HOOD 38.5 put
$HOOD 39 Put
$NIO 42 Put
OptionsExpiration
Market was supposed to be weak today. That lasted about 30 seconds.. BTFD!!
EXPIRED:
AMC 10/29/2021 65/38 Bear Call Spreads
AMC 10/29/2021 24/34 Bull Put Spreads
BITO 10/29/2021 39.0 Diagonal Put
LABU 10/29/2021 57.0 Diagonal Call
LABU 10/29/2021 55.0 Diagonal Call
LABU 10/29/2021 50.0 Diagonal Put
LABU 10/29/2021 45/49 Bull Put Spreads
SLV 10/29/2021 18/22 Bull Put Spreads
TNA 10/29/2021 97.0 Diagonal Call
TNA 10/29/2021 95.0 Diagonal Call
TSLA 10/29/2021 715/910 Bull Put Spread
VXX 10/29/2021 54/25 Bear Call Spread
VXX 10/29/2021 25.0 Covered Calls
VXX 10/29/2021 24.0 Covered Calls
VXX 10/29/2021 23.0 Covered Calls
SPX weekend trade
Sold to open $SPXW Nov 1 4630/4655 bear call spread @ 2.00. Short calls around 18 delta. I will take this off early Monday on a down, flat or slightly up open.
TQQQ Call Rolls
Last trade of the day
Bought to close 1 TQQQ Oct 29 2021 154.0 Call at $0.54. Sold yesterday as a scalp trade at $0.94 but it just went in the money.
Replaced it with 1 TQQQ Nov 05 2021 157.5 Call at $2.23
EDIT: had to do one more:
Bought to close 1 TQQQ Oct 29 2021 155.0 Call at $0.42. Sold yesterday as a scalp trade at $0.68 but it just went in the money.
Replaced it with 1 TQQQ Nov 05 2021 160.0 Call at $1.79
TSLA Call Rolled
Well this one didn’t work out very well so far but ….
Rolled this week’s TSLA 1050.0 Diagonal Call to next week’s TSLA 1080.0 Call at $0.59 Credit + 30 points better
#assignment F oct 29, 16…
#optionsexpiration
F
oct 29, 16 put sold @ .32
#assignment
SOXL
covered call 44.50 oct 29 sold @ .80
EWZ
Just as a long hold with about 15% annual return.
STO EWZ Jan20’23 30 PUT @6.30
B/E = $23.70
LABU
#ShortPuts – Replacing others that were closed this week.
Sold LABU NOV 12 2021 48.0 Put @ 1.25
Sold LABU NOV 12 2021 49.0 Put @ 1.50
SPX trades
#SPX1dte Sold to Open $SPX Nov 1st 4515/4535-4640/4660 condors for .90, SPX at 4599, IV 7.2%, deltas -.06 +.06.
Expected to expire: Oct 29th 4515/4535-4630/4650 condors, sold yesterday for .85.
PNW Stock
#SP500 stock at a new low today
Bought a tiny bit at $65.00
#FallingKnife
TQQQ,
BTC November 5, 85 puts at .01, sold at 1.10
AMZN: Adding a call spread
Sold $AMZN Nov 19 3530/3540 bear call spread @ 1.50 to create an iron condor with the 3200/3190 bull put spread I sold earlier today. Total premium now 3.50 with 10 point wide wings.
Thank everyone for all the…
Thank everyone for all the treats through the years. Appreciate everyone.
Special shout out for the Head Bistroite @jeffcp66 For his continuing support. Wallpaper is his second best specialty after his $SPX empire.
Take care and stay healthy.
TSLA Puts
Bought to Close my TSLA 840/910 Bull Put Spread at $0.03. Sold yesterday at $0.65
$LABU Put Close / INMD SNOW Call Roll / TQQQ Put / TSLA Call / HOOD Put Roll
#shortputs
$LABU BTC 10/29 52 put at .15. STO at 1.97. Thank you @fuzzballl
$TQQQ STO 11/26 127.5 put at 2.27
$TQQQ STO 12/3 125 put at 2.78 Joining @fuzzballl “one for the team” team
$HOOD BTC 10/29 38 put and STO 11/5 37 put at even.
#coveredcalls
$INMD BTC 11/17 82.5 call and STO 12/17 90 call at cost of 2.60. Basis now 72.30. Stock at 94.35. Rolled a few times.
$SNOW BTC 10/29 350 call and STO 11/5 357.5 call at added credit of 1.60. Basis now 335.97. Stock at 354.72
#syntheticcoveredcalls
$TSLA BTC 10/29 1150 call and STO 11/5 1170 call at added credit of 15.30
TQQQ,
STO December 10, 105 put at 1.22
VXX Puts Rolled down
Last ones for this week
Bought to close VXX Oct 29 2021 22.0 Puts at $0.59. Sold last Friday on a rolldown at $1.13
To replace it Sold to Open VXX Nov 05 2021 21.5 Puts at $0.72
TQQQ Call Rolls
Bought to close 1 TQQQ Oct 29 2021 137.0 Call / Sold 1 TQQQ Nov 05 2021 137.0 Call at $0.55 Credit
Bought to close 1 TQQQ Oct 29 2021 142.0 Call / Sold 1 TQQQ Nov 05 2021 143.0 Call at $0.19 Credit + a point better
Bought to close 1 TQQQ Oct 29 2021 145.0 Call / Sold 1 TQQQ Nov 05 2021 147.0 Call at $0.05 Credit + 2 points better
Bought to close 1 TQQQ Oct 29 2021 150.0 Call / Sold 1 TQQQ Nov 05 2021 155.0 Call at $0.12 Credit + 5 points better
Waiting to see if my 154 and 155 Calls expire this afternoon
URI,
STO November 19, 350 put at 3.52
SLV Calls Rolled up
Bought to close SLV Oct 29 2021 22.0 Covered and Diagonal Calls at $0.09 and $0.13.
Sold last Friday on a roll at $0.86, $0.87 and $0.88.
Replaced them with SLV Nov 05 2021 22.5 Calls at $0.13 and $0.15.
My timing on rolling my SLV puts yesterday worked out
SPY
The volume in the last hour on Wednesday is disconcerting.
Options Bistro 