Sold TLRY Sep 17 2021 11.5 Diagonal Puts at $0.19 & again at $0.21
Category Archives: Uncategorized
TNA Put
Sold 1 TNA Sep 17 2021 82.0 Diagonal Put at $1.72.
Paired with my short diagonal 88.0 Call for this week I now have a short 82/88 strangle with a $5.24 premium
OSTK
#ShortPuts – Taking a little more off. Got about half with a week and a half to go.
Bought to Close OSTK SEP 24 2021 63.0 Puts @ .58 (sold for 1.13)
Bought to Close OSTK SEP 24 2021 64.0 Puts @ .72 (sold for 1.32)
Bought to Close OSTK SEP 24 2021 65.0 Put @ .90 (sold for 1.56)
Markets
Today’s chart.
What options on the top 5 stocks have the most trading volume?
OSTK
#ShortPuts – Bought to Close OSTK SEP 17 2021 65.0 Puts @ .20 (sold for 1.10)
SPX trades
Yesterday:
#SPX7dteLong Bought to open $SPX Sep 17 4425/4445-4455/4475 condors for 17.10.
#SPX1dte Expired: Sep 13th 4370/4390-4525/4545 condors, sold Friday for 1.00.
Today:
Sold to close Sep 15th 4505/4525 call spreads for 2.50. Sold put side for 12.40 yesterday, so total. Bought for 16.10 last Thursday so 14.90 total, loss of 1.20.
TSLA
#ShortPuts – Taking the weekend quickie.
Bought to Close TSLA SEP 17 2021 640.0 Put @ .80 (sold for 3.08)
VXX Covered Call Ladder
Sold 1 VXX Sep 17 2021 29.0 Call at $0.72
Sold 1 VXX Sep 24 2021 34.5 Call at $0.67
Sold 1 VXX Oct 01 2021 35.0 Call at $1.01
Sold 1 VXX Oct 08 2021 36.0 Call at $1.23
Sold 1 VXX Oct 15 2021 37.0 Call at $1.41
TQQQ,
STO October 22, 90 put at 1.20
Closing LULU
Bought to close $LULU 9/17 450/460 bear call spread @ .17. Sold for 1.20 on 9/9.
TQQQ,
STO October 29, 90 put at 1.45
SPX trades
#SPX7dteLong Sold to close $SPX Sep 15th 4490/4470 put spreads for 12.40. Condors bought for 16.10 last Thursday. Call spreads still open. Uncertain where we are headed; Upside Warning still in effect but we’ve had several days of weakness.
TQQQ
Sold to open Oct 22 95 put @ 1.50
COIN Put
Sold 1 COIN Sep 17 2021 225.0 Diagonal Put at $1.15.
Replaces the COIN 09/10/2021 247.5 Diagonal Put that expired Friday
#DoubleDip #OnlySpreads
LABU Put
Sold 1 LABU Sep 17 2021 59.0 Diagonal Put at $1.10.
Paired with a couple of BCS positions for this week and replacing part of the 58.5 puts that expired Friday
#optionsexpiration Expired: XLE 09/10/2021/ 47.5…
Expired:
XLE 09/10/2021/ 47.5 put
OptionsExpiration
A small list because of all the rolls to next week.
AMC 09/10/2021 68/52 Bear Call Spread
COIN 09/10/2021 280.0 Diagonal Call
COIN 09/10/2021 350/275 Bear Call Spread
COIN 09/10/2021 247.5 Diagonal Put
LABU 09/10/2021 74.0 Diagonal Call
LABU 09/10/2021 71.0 Diagonal Calls
LABU 09/10/2021 58.5 Diagonal Puts
TLRY 09/10/2021 26/16 Bear Call Spreads
TLRY 09/10/2021 16.0 Covered Calls
TNA 09/10/2021 91.0 Diagonal Call
VXX 09/10/2021 45/34 Bear Call Spread
VXX 09/10/2021 45/32.5 Bear Call Spreads
VXX 09/10/2021 45/28.5 Bear Call Spreads
VXX 09/10/2021 24.0 Diagonal Puts
TQQQ
#ShortPuts – Small add near the 200 day.
Sold TQQQ OCT 15 2021 110.0 Put @ 2.30
VXX Calls
VIX & VXX Spike so had to roll a couple and chose to roll others for a big jump in strike for next week.
Bought to close VXX Sep 10 2021 25.5 Calls at $0.96 (sold at 0.78)
Bought to close VXX Sep 10 2021 26.0 Calls at $0.52 & 0.56 (sold at 0.52 & 0.53)
Bought to close VXX Sep 10 2021 26.5 Calls at $0.19 (sold at 0.32)
Bought to close VXX Sep 10 2021 27.0 Calls at $0.12 (sold at 0.24)
Bought to close VXX Sep 10 2021 27.5 Calls at $0.04 (sold at 0.16)
Bought to close VXX Sep 10 2021 28.0 Calls at $0.02 (sold at 0.36)
Bought to close VXX Sep 10 2021 28.5 Calls at $0.02 (sold at 0.27)
Sold VXX Sep 17 2021 27.5 Calls at $1.01
Sold VXX Sep 17 2021 29.0 Calls at $0.77
Sold VXX Sep 17 2021 30.0 Calls at $0.59
Sold VXX Sep 17 2021 30.5 Calls at $0.62
Sold VXX Sep 17 2021 31.0 Calls at $0.49
Sold VXX Sep 17 2021 32.5 Calls at $0.66
Sold VXX Sep 17 2021 33.5 Calls at $0.33
TSLA
#ShortPuts – Taking a one week shot. Over two times the expected move and below all major moving averages and near recent lows.
Sold TSLA SEP 17 2021 640.0 Put @ 3.08
TDOC
#CoveredCalls – Keep trying to get rid of this position but no luck. Another ITM sale for next week.
Bought to Close TDOC SEP 10 2021 143.0 Call @ .02 (sold for 3.35)
Sold TDOC SEP 17 2021 138.0 Call @ 5.40
TQQQ
#ShortPuts- Small add.
Sold TQQQ OCT 8 2021 120.0 Put @ 2.30
TQQQ
#ShortPuts #TakeOneForTheTeam – I’m bored. Selling at the 50 day and the expected move. Come on Mr. Market it’s all yours!
Sold TQQQ SEP 24 2021 135.0 Put @ 2.17
COIN Roll
Roll $COIN Sep-10-21 245/255 #BuPS // Sep-24-21 245/255 C@ 2.00 Credit
Has been down a bit today – was hoping float back up this afternoon, but opted to give it another couple weeks.
TQQQ Call Rollup
Bought to Close TQQQ Sep 10 2021 148.0 Diagonal Call at $1.63. Sold last Friday on a roll at $4.84
To replace it, Sold to Open 1 TQQQ Sep 17 2021 150.0 Call at $3.09.
A 2 point gain on the strike plus $1.46 Credit
VXX Calls
Bought to close VXX 09/10/2021 32.5 Diagonal Calls @ 0.01. Sold on 08/26 for an average of $0.61.
Sold VXX 09/17/2021 33.0 Calls @ 0.35 and
Sold VXX 09/17/2021 33.5 Calls @ 0.33
LABU Call
One more LABU Roll
Bought to close 1 LABU Sep 10 2021 67.0 Call at $0.12. Sold last week on a roll at $3.85
Replaced it with 1 LABU Sep 17 2021 70.0 Call at $1.17.
The 67 call would probably have expired but I don’t know if I could have gotten such a nice premium on the 70 next Monday.
#OnlySpreads
PLTR Early Roll
Roll $PLTR Sep-17-21 25.5 // Oct-15-21 26 #PutDiagonal @ 0.94 Limit (credit) – sold against Dec-17-2021 15 puts
AMC Early Roll
Roll $AMC Sep-17-21 32/42 #BuPS // Oct-01-21 @ 1.65 credit Limit
TNA Rollups
Bought to close 1 TNA Sep 10 2021 88.0 Diagonal Call at $1.22. Sold on a roll last week at $7.31
Bought to Close 1 TNA Sep 10 2021 86.0 Diagonal Call at $3.42. Sold on a roll last week at $8.76
Replaced them with:
1 TNA Sep 17 2021 93.0 Call at $1.27
1 LABU Sep 17 2021 88.0 Call at $3.52
LABU Rollups
Bought to close 1 LABU Sep 10 2021 62.0 Diagonal Call at $2.65. Sold on a roll last week at $8.43
Bought to Close 1 LABU Sep 10 2021 58.5 Diagonal Call at $6.24. Sold on a roll last week at $10.94
Replaced them with:
1 LABU Sep 17 2021 65.0 Call at $2.70
1 LABU Sep 17 2021 59.0 Call at $6.70
PINS
#CoveredCalls – Replacing this week’s expiration.
Sold PINS SEP 24 2021 57.0 Calls @ .90
ROKU
#JadeLizards – The Amazon TV is about ready to hit the shelves so taking off all my ROKU positions. Keeping ROKU on the watchlist though. It’s been a good one last 2 years.
Bought to Close ROKU SEP 17 2021 325/325/335 Jade Lizard @ 10.33 (sold for 10.21)
Bought to Close ROKU SEP 17 2021 325/325/335 Jade Lizard @ 10.70 (sold for 10.20)
SPX trades
#SPX7dtelong In pre-market, sold to close $SPX Sep 13th 4515/4535 call spreads for 8.00. Sold puts yesterday for 8.25, so 16.25 total. Condors bought for 14.70 on Wednesday, so 1.55 in profit.
VXX Calls
Sold VXX Sep 10 2021 27.5 Diagonal Calls at $0.16
Sold VXX Sep 10 2021 27.0 Diagonal Calls at $0.24
Sold VXX Sep 10 2021 26.5 Covered Calls at $0.32
Sold VXX Sep 10 2021 26.0 Covered Calls at $0.52 & $0.53.
Expires tomorrow.
#spx sto 4 OCT 2021…
sto 4 OCT 2021 4375/4370 PUT @.60
Markets
The chart says it all
TQQQ,
BTC September 10, 95 puts at .01, sold at 1.15
SPX trades
#SPX7dteLong Sold to close $SPX Sep 10th 4525/4505 put spreads for 5.00. Leaving call spreads for more upside.
Made the mistake of getting spooked by yesterday’s drop, and did not sell this put side then. I should have heeded the Upside Warning and closed it. But hopefully we can revisit the highs around 4545 tomorrow.
LULU post-earnings
Sold to open $LULU 9/17 450/460 bear call spread @ 1.20 with the stock coming off its post-earnings opening highs.
ABNB
Rolled $ABNB Sep-10-2021 155/165 #BuPS // Oct-10-2021 @1.00 Credit.
Continuing series of rolls since earlier this year.
Nat Gas
Gas prices have gotten all the headlines since Nov but wait until the heating bills hit. BOIL up 265% off the lows. No position for me…yet.
https://bit.ly/3la5doD
SPX trades
#SPX7dteLong Bought to Open $SPX Sep 13th 4485/4505-4515/4535 condors for 14.70, with SPX at 4511.
Today’s 4535/4555 call spread will expire worthless, leaving me only with the 8.00 credit I got for the put side yesterday. Bought for 14.55 last Thursday so 6.55 loss.
#SPX1dte Expected to expire worthless: $SPX Sep 8th 4460/4480-4550/4570 condors, sold yesterday for 1.30.
ABBV Oct
Sold to open $ABBV Oct 15 105 puts @ 1.62. Looks like the low from last week’s selloff could hold with the stock bouncing today. If assigned at 105, dividend yield will be around 5%.
VXX Calls
Sold VXX Sep 10 2021 28.5 Covered Calls at $0.27.
I will add if given the chance at a higher price.
COUP earnings
#ShortPuts – Might reload lower and further out.
Bought to Close COUP SEP 17 2021 240.0 Put @ 1.90 (sold for 3.80)
SOXL,
STO October 15, 35 put at 1.20
ALB Put Close
#shortputs
$ALB BTC 9/17 220 put at 1.00. STO at 8.00
SOXL
#ShortPuts – Adding.
Sold SOXL OCT 15 2021 39.0 Put @ 2.05
LABU Puts
Sold LABU Sep 10 2021 58.5 Puts at $0.35
Paired with a number of short Calls for this week.
Rolling DOCU
Rolled $DOCU 9/17 325/335 bear call spread down to 290/300 for 2.60 credit, to create an iron fly with the 290/280 bull put spread. Total premium taken in 5.40.
COG
Back out of this stock after exiting it at 18.33.
Bought a bit at a new low of 14.68 on Aug 19th and I was never able to average down.
This is my 2nd successful swing trade of this former #Fallingknife
COUP,
BTC September 17, 240 put at 1.95,sold at 4.10 yesterday. Hat tip to Fuzzball for the idea.
SOXL
#ShortPuts – Adding.
Sold SOXL OCT 15 2021 41.0 Put @ 2.10
COUP post earnings
#ShortPuts – Replacing some stock getting called away this week.
Sold COUP OCT 8 2021 230.0 Put @ 4.00
COIN Put
Sold 1 COIN Sep 10 2021 247.5 Diagonal Put at $1.82.
Paired with the COIN 275.0 Call I rolled up to last week at $8.10 for a 247.5/275.0 Strangle with a total Credit of $9.92
https://www.zerohedge.com/crypto/bitcoin-shaken-after-coinbase-ceo-slams-sec-engaging-intimidation-tactics-behind-closed
CLOV Call
#coveredcalls
$CLOV STO 9/10 11.50 call at .75
COIN Call Closed / LABU MRNA Call / TQQQ Put Close
#coveredcalls
$COIN BTC 9/10 280 call at 1.55. STO on 9/3 for 5.66. Stock dropped precipitously and I took the money and ran. Will resell as $COIN rebounds.
$LABU STO 9/10 70 call at 1.00
$MRNA STO 9/10 475 call at 2.75
#shortputs
$TQQQ BTC 9/17 97.5 put at .19. STO at 1.80. Thank you @jsd501
#spx sto SPX 4 OCT…
sto SPX 4 OCT 2021 , 4375/4370 PUT @.55
COIN
#ShortPuts – Missed the morning panic but still looks like a reasonable entry. Selling the expected move and near recent lows.
Sold COIN OCT 8 2021 230.0 Put @ 3.60
BNTX
STO September 17, 340 put at 12.50
VZ
Putting this high yield #FallingKnife on my watch list.
Only about 2% above the 52-week low
QQQ
#Diagonal – Selling front exp just under expected move and covering with a back month long costing about 50% more than the credit received on the short.
Replaces a profitable long DEC 21, 300 Call.
Sold QQQ SEP 21 2021 390.0 Call / Bought NOV 19 2021 405.0 Call Diagonal @ $1.65 debit (hate debits but probably safer that way on this underlying).
COIN
Probably jumped too early here – was looking to get in on a dip – COIN was down about 1.5 when I put this in. Its dropped further since it executed.
STO Coin Sep-17-2021 245/255 #BuPS @1.25 credit.
SPX trades
#SPX7dteLong Sold to close $SPX Sep 8th 4525/4505 put spreads for 8.00. Saving call spreads for the hopeful bounce.
I was travelling last week so was unable to post. For the condor expiring today:
Purchased last Tuesday for 14.30
Sold put side on Thursday for 5.25
Sold call side Friday for 12.00
Total profit: 2.95
VIX
The VIX index increased by 10 percent this morning.
I don’t know if this is going anywhere but it bears watching.
COUP earnings
#ShortPuts – Selling down near the 50 day but slightly inside the expected move.
Sold COUP SEP 17 2021 240.0 Put @ 3.80
#soxl sto 17 SEP 2021…
sto 17 SEP 2021 43 PUT @.80
VXX Calls
Sold VXX Sep 17 2021 32.5 Covered Calls at $0.36 replacing some that expired Friday.
HRL
The only #SP500 stock to hit a 52-week low in quite a while
Bought a bit at 42.50
#Fallingknife
Earnings This Week
Earnings
Earnings spotlight: Tuesday, September 7th: Casey’s General Stores (NASDAQ:CASY), Coupa Software (NASDAQ:COUP).
Earnings spotlight: Wednesday, September 8th: REV Group (NYSE:REVG), GameStop (GME), Lululemon (LULU), RH (NYSE:RH) and ABM Industries (NYSE:ABM).
Earnings spotlight: Thursday, September 9th: Academy Sports (NASDAQ:ASO), FuelCell Energy (NASDAQ:FCEL), Zscaler (NASDAQ:ZS) and H&R Block (NYSE:HRB) and Affirm Holdings (AFRM).
Earnings spotlight: Friday, September 10th: Kroger (NYSE:KR) and Roots (OTC:RROTF).
Expire
Expiring $COIN Sep-03-21 237.5/247.5 Put Vertical. This closes out last weeks roll.
TDOC
#CoveredCalls – Replacing this week’s.
Bought to Close TDOC SEP 3 2021 145.0 Call @ .15 (sold for 2.75)
Sold TDOC SEP 10 2021 143.0 Call @ 3.35
OptionsExpiration
Expired:
AMC 09/03/2021 60/47 Bear Call Spread
AMC 09/03/2021 50/44 Bear Call Spread
AMC 09/03/2021 40.0 Diagonal Puts
AMC 09/03/2021 39.0 Diagonal Puts
COIN 09/03/2021 350/280 Bear Call Spread
COIN 09/03/2021 195/237.5 Bull Put Spread
LABU 09/03/2021 45.0 Diagonal Put
TLRY 09/03/2021 23/16 Bear Call Spreads
TNA 09/03/2021 85.0 Diagonal Put
TQQQ 09/03/2021 118.0 Diagonal Puts
VXX 09/03/2021 53/35 Bear Call Spread
VXX 09/03/2021 53/32.5 Bear Call Spread
VXX 09/03/2021 40/32.5 Bear Call Spreads
VXX 09/03/2021 40/30 Bear Call Spread
VXX 09/03/2021 27.5 Covered Calls
VXX 09/03/2021 24.0 Diagonal Puts #VXXContango
Expiration / Called Away
#optionsexpiration
$TSLA 760 call
$TSLA 750 call
$CRWD 310 call
$AMC 51 call
$CLOV 9 call
#calledaway
$UPST 242.5 call
Options Bistro 