#SPX7dteLong Sold to close $SPX Aug 20th 4470/4490 call spreads for .75. Puts sold for 8.40 on Tuesday, so 9.15 total credit off a purchase of 13.10, so 3.95 loss.
Category Archives: Uncategorized
LABU
One last LABU put for this week
Sold LABU 08/20/2021 50.0 Diagonal Put at $1.42.
#OnlySpreads
SOXL TQQQ
COG
Back in this one after exiting it at 18.01 on July 1st.
Bought a bit at a new low of 14.68
#Fallingknife
NVDA
#ShortPuts – Missed one yesterday.
Sold NVDA SEP 17 2021 177.5 Put @ 3.05
Downside Warning
#VIXindicator Looks like we got a Downside Warning already. Last one was basically a head fake. So was the Upside one.
TQQQ
#ShortPuts – Added.
Sold TQQQ SEP 17 2021 102.5 Put @ 2.00
COG LVS
Marginal New lows on both these #SP500 stocks.
Keeping them on my watch list
#FallingKnife
HOOD earnings
#ShortPuts – Earnings today. Going out a little further for safety.
Sold HOOD SEP 17 2021 36.0 Puts @ 1.00
More TQQQ
Sold a couple :
For this week: Sold 1 TQQQ 08/20/2021 135.0 Diagonal Call @ $1.12
For next week: Sold 1 TQQQ 08/27/2021 120.0 Diagonal Put @ $1.46 ( already short the 120 calls)
TQQQ Early Call Roll
Rolled TQQQ 08/20/2021 120.0 Calls to next week for a $0.93 Credit.
An unusually generous roll premium given that the call is so far in the money.
TNA Puts and Calls
Writing again against my Oct long puts. Easy to roll if I’m wrong.
Sold TNA Aug 20 2021 79.0 Diagonal Put at $0.84.
As an offset Sold TNA Aug 20 2021 85.0 Diagonal Calls at $0.52
So a 79.0/85.0 Strangle premium of $1.36 for the next couple of days
TLRY Calls
Sold TLRY 08/20/2021 15.5 Covered Calls @ 0.09
Sold TLRY 08/27/2021 16.0 Covered Calls @ 0.19
Sold TLRY 09/10/2021 16.0 Diagonal Calls @ 0.48
SPX trades
#SPX7dteLong Sold to close $SPX Aug 23rd 4460/4480 call spreads for 8.50. Bought yesterday for 7.90.
My *guess* is that yesterday’s VIX spike was a head-fake and we are still going higher. But gotta follow my rules and dump out of this while some profit is available. Another dip would likely mean full loss, since I have no put side on this one.
COIN Put
Sold 1 COIN 08/20/2021 237.5 Diagonal Put at $1.12.
Paired off with my existing COIN 08/20/2021 265.0 Call that gives me a 237.50/265.0 Strangle for Friday with a total premium of $7.22
LABU Call
Sold 1 LABU 08/20/2021 55.0 Diagonal Call at $1.48.
Paired off with my existing LABU 08/20/2021 53.0 Put that gives me a 53/55 Strangle for Friday with a total premium of $2.70
SPX 1-dte
#SPX1dte Sold to Open $SPX Aug 18th 4345/4365-4480/4500 condors for 1.05, SPX at 4438, IV 11.85%, deltas -.07 +.06
Upside Warning canceled
#VIXIndicator, well that got ugly fast and became one of the briefest UpW’s in history. At least I collected great profits on yesterday’s swings.
LABU SOXL TQQQ
#ShortPuts #CoveredCalls – Not going to be around much this week but did manage a couple trades.
LABU: Adding more downside protection.
Rolled LABU AUG 20 2021 55.0 Calls to AUG 27 2021 45.0 Calls @ 7.20
SOXL: Adding.
Sold SOXL SEP 17 2021 37.0 Put @ 2.00
Sold SOXL SEP 17 2021 36.0 Put @ 2.00
TQQQ: Adding
Sold TQQQ SEP 17 2021 110.0 Put @ 2.30
Sold TQQQ SEP 17 2021 107.5 Put @ 2.10
TQQQ,
STO October 1, 90 put at 1.55
VXX Puts – early roll
Bought to close VXX Aug 20 2021 27.0 Puts at $0.45 (Sold them just a few days ago at $1.52).
Bought to close VXX Aug 20 2021 28.0 Puts at $0.88 (Sold them just a few days ago at $2.42).
Bought to close 1 VXX Aug 20 2021 29.0 Put at $1.42 (Sold it just a few days ago at $3.50).
Replaced them with a one week longer Puts but a point lower for all of them.
Sold VXX Aug 27 2021 26.0 Puts at $0.52
Sold VXX Aug 27 2021 27.0 Puts at $0.95
Sold 1 VXX Aug 27 2021 28.0 Put at $1.49.
#VXXContango
#spx spread sto VERTICAL SPX…
#spx spread
sto VERTICAL SPX 10 SEP 4245/4240 PUT @.50 CBOE
sto VERTICAL SPX 7 SEP 4270/4265 PUT @.50 CBOE
sto VERTICAL SPX 8 SEP 4270/4265 PUT @.50
sto VERTICAL SPX 3 SEP 4285/4280 PUT @.50 CBOE
AMC Call
Sold 1 AMC Aug 20 2021 39.0 Diagonal Call at $1.94.
Moving counter to the market right now.
VXX Calls
Getting aggressive with the new upside warning in effect –
Sold VXX Aug 20 2021 29.0 Diagonal Calls at $0.37 and again at $0.54 & 0.74
Sold VXX Aug 20 2021 29.5 Diagonal Calls at $0.33 and again at $0.67
Sold VXX Aug 20 2021 30.0 Diagonal Calls at $0.28.
Easy to roll but likely to expire.
TQQQ Sep
Sold to open:
$TQQQ Sep 10 110 put @ 1.60
$TQQQ Sep 17 100 put @ 1.40
SPX trades
Using the pullback to make some moves. Keeping the faith in Upside Warning that we have higher to go despite retail sales report, Delta variant, Afghanistan, etc.
Sold to close $SPX Aug 20th 4460/4440 put spreads for 8.40. Condor bought yesterday for 13.10.
#soxl sto SOXL 20 AUG…
AMC Calls
Sold AMC Aug 20 2021 40.0 Diagonal Call at $1.19.
Sold AMC Aug 20 2021 42.0 Diagonal Calls at $0.84.
Now I need to sell more Puts
TQQQ
Sold TQQQ Aug 20 2021 120.0 Puts at $0.40.
Little risk because I continue to roll my TQQQ short calls every week.
TQQQ at 132
NVDA,
STO September 17, 180 put at 3.05, following Ramie
SPX trades
It actually is somewhat common for the first day after the Upside Warning fires that we get a pullback. It makes sense; it requires three straight days of low volatility to fire it, so a fourth day of some pullback seems in order. The UpW almost always works, but getting the timing right can be tough.
#SPX7dteLong
Sold to close $SPX Aug 16th 4435/4415 put spreads for 2.50. Looking for a bounce to close call side.
Sold to close $SPX Aug 18th 4450/4430 put spreads for 7.80. Still have time for the call side.
LABU
New Diagonal Spread
Bought 1 LABU Sep 24 2021 40.0 Put at $1.43
Sold 1 LABU Aug 20 2021 52.0 Put at $1.53
An initial credit of 0.10 and the chance to roll the short multiple times.
I also have excess long puts out to December that I can still write against if the stock collapses further, but the stock is at the low end of it’s trading range now with the 6-month low at 50 in mid May
COIN Call
Sold 1 COIN Aug 20 2021 290.0 Diagonal Call at $1.25 replacing the 267.50 Call that expired Friday
VXX Covered Ladder
Since the upside warning is on, covered all my long stock on the open:
Sold VXX Oct 01 2021 34.0 Call at $2.05
Sold VXX Oct 01 2021 45.0 Call at $1.09
Sold VXX Sep 24 2021 41.0 Call at $1.11
Sold VXX Sep 17 2021 38.0 Call at $1.06
Sold VXX Sep 10 2021 34.0 Call at $1.07
Sold VXX Sep 03 2021 30.5 Call at $1.13
Upside Warning is ON
#VIXIndicator An Upside Warning took effect on Friday after three consecutive closes of $VIX below the 78.6 Fib line drawn from pre-correction low and correction high. Expect higher prices in coming days or weeks.
Last four Upside Warnings:
May 28, 2021: close on that day: 4204. Subsequent high was 4393 on July 7. 31 trading days, +4.5%
Mar 15, 2021: close on that day: 3969. Subsequent high was 4238 on May 7. 40 trading days, +6.8%
Feb 5, 2021: close on that day: 3886. Subsequent high was 3950 on Feb 16. 6 trading days, +1.6%
Nov 11, 2020: close that day: 3585. Subsequent high was 3726 on Dec 18. 25 trading days, +3.9%
#t Expiration Assignment #optionsexpiration T…
#t
Expiration Assignment
#optionsexpiration
T 13 AUG 21 28 CALL @.14
#assignment
T 13 AUG 21 28 CALL @.14
Expiration Assignment
$T 28.5 call
$TSLA 735 call
$BX 116 call
$LABU 62.5
$MRVL 59 put
$MRVL 58.5 put
TQQQ 126 put
$PINS 66 put
OptionsExpiration
Expired:
AMC 08/13/2021 24.0 Diagonal Puts
AMC 08/13/2021 26.0 Diagonal Puts
AMC 08/13/2021 34.0 Diagonal Calls
AMC 08/13/2021 36.0 Diagonal Calls
COIN 08/13/2021 227.5 Diagonal Puts
COIN 08/13/2021 230.0 Diagonal Puts
COIN 08/13/2021 267.5 Diagonal Call
COIN 08/13/2021 300.0 Diagonal Call
COIN 08/13/2021 305.0 Diagonal Call
LABU 08/13/2021 53.0 Diagonal Put
LABU 08/13/2021 65.0 Diagonal Call
SQQQ 08/13/2021 8.5 Covered Call
TLRY 08/13/2021 15.5 Covered Calls
TLRY 08/13/2021 16.0 Covered Calls
TLRY 08/13/2021 23.0 Diagonal Calls
TQQQ 08/13/2021 126.0/90.0 Bull Put Spread
VXX 08/13/2021 31.0 Covered Call
VXX 08/13/2021 33.5 Covered Calls
VXX 08/13/2021 34.0 Covered Calls
VXX 08/13/2021 40.0/50.0 Bear Call Spread
VXX 08/13/2021 40.0/53.0 Bear Call Spread
VXX 08/13/2021 40.0/58.0 Bear Call Spread
TLRY Put rolldown
Rolled TLRY 08/13/2021 13.50 Diagonal Puts to TLRY 08/20/2021 13.0 Puts @ 0.12 Credit
LABU Put Rolldown
Bought to close 1 LABU 08/13/2021 56.0 Diagonal Put at $0.17. Sold this on Wednesday @ $1.44.
Replaced it with 1 short LABU 08/20/2021 53.0 Put at $1.22.
LABU Put Roll / TQQQ COIN Put Close / TQQQ Put
$LABU BTC 8/13 65 put and STO 8/20 64.50 put at even
$TQQQ BTC 8/20 99 put at .10. STO at 1.06.
$TQQQ BTC 8/20 100 put at .10. STO at 1.82.
$TQQQ BTC 8/20 105 put at .10. STO at 2.40.
$COIN BTC 8/13 250 put at .20. STO at 3.00. Inspired by @fuzzballl
$TQQQ STO 10/1 105 put at 2.35 Thank you @jsd501
VXX Put Rolls
Rolled 1 VXX 08/13/2021 29.0 Put to next week at $0.25 Credit
Rolled VXX 08/13/2021 28.0 Puts to next week at $0.33 Credit
Rolled VXX 08/13/2021 27.50 Puts to next week’s 27.0 Puts at $0.01 Credit and a $0.50 lower strike
Rolled VXX 08/13/2021 27.0 Puts to next week’s 26.50 Puts at $0.03 Credit and a $0.50 lower strike
Rolled VXX 08/13/2021 26.50 Puts to next week’s 26.0 Puts at $0.14 Credit and a $0.50 lower strike
COIN Call
Anticipating the expiration on my short 267.50 Diagonal call this afternoon –
Sold 1 COIN Aug 20 2021 275.0 Diagonal Call at $4.25
AMC Call
Sold to Open AMC Aug 20 2021 38.0 Diagonal Call at $1.12.
Paired with the strike 24 Puts I sold yesterday for a total 24/38 Strangle premium of $1.39
NVDA Sep
Sold to open $NVDA Sep 17 180 puts @ 2.55, delta 17. Earnings next week. Strike is near the July lows, a level at which I wouldn’t mind taking assignment.
SPX trades
#SPX7dteLong Sold to close $SPX Aug 13th 4460/4440 call spreads for 19.00. Put side sold for 2.45, yesterday, for 21.45 total, on purchase price of 14.10, means 7.35 profit.
#tqqq sto TQQQ 1 OCT…
TQQQ,
STO October 1, 105 put at 2.41
LAZR earnings
#CoveredCalls – Sending this one packing. Sold all covered stock at a loss of 1.75 per share. Didn’t hear much in the earnings one way or another so not worth the risk anymore.
Goodbye ol’ buddy. One of my top 5 performers since it went public.
🙂 🙂
LABU
#CoveredCalls – Looks like it’s wanting to recover but I’m selling next week at breakeven for max downside protection.
Bought to Close LABU AUG 13 2021 60.0 Calls @ .10 (sold for 2.54)
Sold LABU AUG 20 2021 55.0 Calls @ 4.10
VXX1 – Old(pre-split) long Puts
Sold another VXX1 09/17/2021 7.0 Put @ $1.04. Bought on 03/05/2021 @ $0.15
#VXXContango
COIN Call Close / RIOT Call Roll / LABU Put Roll
#shortcalls
$COIN BTC 8/13 310 call at .20. STO at 4.00 on Monday. Thank you @optioniceman for idea.
$RIOT BTC 8/20 36 call and STO 8/27 38 call at even (covered)
$PANW BTC 8/13 377.50 call at .60. STO at 2.40 (Covered)
#shortputs
$LABU BTC 8/13 63 put and STO 8/20 62 put at added credit of .35. Taken in 6.41 and reduced strike from 54 to 62 since 7/28.
Upside Warning imminent
#VIXindicator It should take effect at the close Friday, unless the day is volatile.
#spx btc VERTICAL SPX, 20…
#spx
btc VERTICAL SPX, 20 AUG 4270/4265 PUT @.10/sold for.50
right @ closing
AMC Puts for next week
Sold AMC Aug 20 2021 24.0 Diagonal Puts at $0.27.
Similar puts for this week look to expire.
COIN Call Roll
Not at all confident that these will expire tomorrow so rolling them up another 10 points
Bought to close COIN Aug 13 2021 255.0 Diagonal Call at $6.00. Sold last week at $13.44 on a rollup.
In place of it sold to Open 1 COIN Aug 20 2021 265.0 Call at $6.10.
Looking for this week’s 267.50, 300 and 305 calls to expire tomorrow.
SOXL
#ShortPuts – Added.
Sold SOXL SEP 17 2021 39.0 Put @ 2.50
VXX1 – Old(pre-split) long Puts
Sold 1 of my VXX1 09/17/2021 7.0 Puts @ 0.97. Acquired the entire position on these on 03/05/2021 @ $0.15 as the long side of a long expired diagonal spread.
Sold to close some VXX1 Sep 17 2021 6.0 Puts at $0.31. Acquired the entire position on these on 01/15/2021 @ $0.09 as the long side of another long expired diagonal spread.
Sold to close VXX1 Jan 21 2022 4.0 Puts at $0.29. Bought this lot on 03/30/2021 @ $0.08.
I’ll try to scale out of more at higher prices.
#VXXContango
SPX trades
#SPX7dteLong Sold to close $SPX Aug 13th 4430/4410 put spreads for 2.45. Leaving call spreads for now. Condors bought for 14.10 on Monday.
#soxl sto SOXL 17 SEP…
#soxl
sto SOXL 17 SEP 38 PUT @2.05
first go with SOXL
thanks fuzzball
TQQQ Roll
Rolled TQQQ 08/13/2021 120.0 Diagonal Calls out another week at $0.40 Credit.
TQQQ is still too high to roll it up
LAZR earnings
#CoveredCalls – Would really like for these to get called away. Rolling down and out prior to earnings. This will be sitting pretty close to breakeven.
Rolled LAZR AUG 13 2021 19.0 Calls to AUG 27 2021 18.0 Calls @ .74 credit (basis now 18.16)
COIN
One day scalp
Sold COIN Aug 13 2021 227.5 Diagonal Puts at $0.15.
Paired with short 300 and 305 calls that also expire tomorrow.
So no additional spread margin
NIO earnings
#IronFlies #Earnings – Didn’t really get the volatility collapse I was hoping for. These work a lot better on Thursday going into Friday. No interest in messing with it so taking beer money.
Bought to Close NIO AUG 13 2021 42.0/44.0/46.0 Iron Flies @ 1.40 (sold for 1.60)
NIO earnings
#IronFlies #Earnings – Just for fun. Rolling the dice on some of my COIN and OSTK gains.
Sold NIO AUG 13 2021 42.0/44.0/46.0 Iron Flies @ 1.60
SOXL
#ShortPuts – Adding.
Sold SOXL SEP 17 2021 38.0 Put @ 2.00
SPX trades
#SPX7dteLong Sold to close $SPX Aug 11th 4425/4445 call spreads for 15.10. Could not risk any further down move. Put side sold for 2.25 yesterday so 17.35 total. Bought for 15.05 last week, so 2.30 profit.
#SPX1dte Expected to expire worthless: Aug 11th 4365/4385-4465/4485 condors, sold yesterday for 1.00.
AMC LABU VXX
Sold AMC Aug 13 2021 26.0 Diagonal Puts at $0.26 & 0.33. Paired with some in-the-money calls I would like to cover and roll up on Friday
Sold LABU Aug 13 2021 53.0 Diagonal Put at $0.65. Paired with a short 65.0 Call for this week.
Sold VXX Aug 13 2021 31.0 Covered Calls at $0.13
ALB Put
#shortputs
$ALB STO 8/20/220 put at 1.30
ROKU
#ShortPuts – Adding in a different account. It took out the 50 day let’s see if it can do the same with the 100 and 200. Selling slightly outside the expected move.
Sold ROKU SEP 3 2021 325.0 Put @ 4.00
COIN earnings
#ShortPuts #Earnings #OneNightStand – Thanks! See ya next time!
Bought to Close COIN AUG 13 2021 255.0 Put @ .50 (sold for 4.70)
O Put Roll / COIN Put
#shortputs
$O BTC 8/20 67.50 put and STO 9/17 67.50 put at added credit of .55
$COIN STO 8/13 250 put at 3.00. @fuzzballl inspired
BX Call / SOXL MRVL Put Open and SOXL Put Close
#coveredcalls
$BX STO 8/13 116 call at .30
#shortputs
$SOXL STO 9/17 39 put at 2.05
$SOXL BTC 8/20 38 put at .20. STO at 2.35 Thank you @fuzzballl
$MRVL STO 8/13 58.50 put at .26
TQQQ
#ShortPuts – Taking profit on a straggler.
Bought to Close TQQQ SEP 3 2021 100.0 Put @ .80 (sold for 2.40)
SQQQ Covered Calls
Sold 1 SQQQ 08/13/2021 8.50 Covered Call @ 0.05
Sold 1 SQQQ 08/20/2021 9.00 Covered Call @ 0.08
Options Bistro 