#ShortPuts – Selling week before earnings at lowest available strike. Slightly inside the expected move.
Sold OSTK JUL 23 2021 82.0 Put @ 2.55
Category Archives: Uncategorized
LABU
#ShortPuts – Added.
Sold LABU JUL 30 2021 66.0 Put @ 2.75
TDOC Aug
Sold $TDOC Aug 20 145/135 bull put spread @ 2.05
#tastytradefollow
VXX1 Calendar
- still able to write these until they’re gone
Sold to open VXX1 Jul 16 2021 7.0 Puts at $0.31
This gives me a Long Calendar spread with my ( already long ) Jan 2022 7.0 Puts.
#VXXContango trade with no downside risk.
TQQQ
Another roll, not as good as last week
Close this week’s 117.50 Calls and sold next week’s 118.0 Call @ 0.10 Credit
June Jobs Report
#Jobs — June was a strong month, beating expectations
Gain of +850,000 non-farm payroll jobs, vs. expected gain of 706K.
Unemployment at 5.9%, up by 0.1
U6 unemployment at 9.8%, down by 0.4
Labor force participation 61.6%, unchanged
Wages up 0.3% for the month, 3.6% year over year
May jobs revised up by +24K to +583K
April revised up by +12K to +278K
LABU Put Close / TQQQ Put
#shortputs
$LABU BTC 7/2 72 put at .30. STO at 1.75. Thank you @fuzzballl
$TQQQ STO 7/30 105 put at 2.33. Joining the #TakeOneForTheTeam. Thanks @fuzzballl
TAN,
STO July 16, 85 puts at 1.50
VXX Put Rolls
Bought to Close VXX Jul 02 2021 29.0 Puts at $0.37. Sold last week @ 0.75
Sold o Open VXX Jul 09 2021 28.0 Puts at $0.48, a full point lower plus a 0.11 Credit.
#VXXContango
Hoping my 28.50 and 28.00 puts for tomorrow expire.
SPX trades
#SPX7dteLong Bought to Open $SPX July 7th 4290/4310-4320/4340 condors for 13.10, with SPX at 43167. Another new record for lowest price paid for this strategy.
COG
#FallingKnife trade that worked
Sold COG stock @ 18.01. Bought @ 15.75. Never was able to average down.
Probably out too early but I’ll take the gain.
SOXL
#ShortPuts – Adding again. C’mon Mr. Market you can get this one!
Sold SOXL AUG 20 2021 40.0 Put @ 3.10
SOXL
#ShortPuts – Adding.
Sold SOXL AUG 20 2021 37.0 Put @ 2.00
SOXL Put Close
#shortputs
$SOXL BTC 7/16 40 put at .20. STO at 2.05
TQQQ,
BTC July 2, 110 put at .05, sold at 3.08. I will not have internet for about 6 hours on Friday so just want to reduce risk early.
SPXpire
#SPX1dte Expiring worthless: $SPX June 30th 4240/4260-4320/4340 condors, sold yesterday for 1.00
#SPX7dteLong Expiring with max credit of 20.00: June 30th 4275/4295 call spreads. Condors bought last Thursday for 13.60.
TQQQ
#ShortPuts #TakeOneForTheTeam – At the expected move and the 50 day. Let’s see if we can get something going here.
Sold TQQQ JUL 30 2021 105.0 Put @ 2.25
NIO Put
#shortputs
$NIO STO 7/16 50 put at 1.41.
VXX
Sold VXX Jul 23 2021 46.0 Covered Calls at $0.46
Sold VXX Jul 30 2021 46.0 Covered Call at $0.73
COUP
#ShortPuts – Different account than the earlier sale. Going out an extra week.
Sold COUP JUL 23 2021 245.0 Put @ 3.90
VRTX
#BullPutSpreads – Had this sitting there but didn’t think it would actually fill. Wide spreads so could probably have gotten a better price.
Bought to Close VRTX JUL 9 2021 200.0/190.0 Bull Put Spread @ 3.25 (sold for 7.00)
VRTX BUPS Close
#bups
$VRTX BTC 7/9 185/195 BUPS at .90. STO at 6.00. Thank you @fuzzy and @optioniceman for this bounce back trade. The company, not me.
MU Put
#shortputs #earnings
$MU STO 7/2 81 put at .89. Semis doing well. If it tanks I will own near 80
#spx STO VERTICAL SPX 16…
STO VERTICAL SPX 16 JUL 4185/4180 PUT @.50
will set btc for .10 for ~ 7.4 % return.
COUP
#ShortPuts – Shorter term selling near the 50 day.
Sold COUP JUL 16 2021 247.5 Put @ 3.30
SOXL,
STO January 2022, 20 put at 1.15
TQQQ,
BTC July 2, 65 put at .01, sold at 1.13 in my trading account.
BTC July 2, 65 put at .01, sold at 1.17 in my IRA
LABU
#ShortPuts – Adding.
Sold LABU JUL 30 2021 63.0 Put @ 2.50
Sold LABU JUL 30 2021 64.0 Put @ 2.80
SPX trades
#SPX7dteLong Bought to Open $SPX July 6th 4270/4290-4300/4320 condors for 13.85, with SPX at 4295.
SNOW,
BTC July 2, 230 put at .45, sold at 4.73, happy to make 90%
Shout out to Jeff
Everything okay with you and yours up in Portland? It’s supposed to be “cooling down” to only 96 today.
LABU,
STO January 2022, 40 puts at 3.72
TQQQ,
STO August 6, 90 put at 1.22
COIN Put Close
#shortputs
$COIN BTC 7/16 205 put at .80. STO at 7.80 on 6/22. Thank you @fuzzballl for the quickie
VRTX,
BTC 190/200 July 9, bull put spread ay 4.15 that I sold at 7.15, hat tip to fuzzball for the idea.
MNMD
#ShortPuts – Adding. Selling against long puts bought yesterday.
Sold MNMD AUG 20 2021 5.0 Puts @ 1.59
SOXL
#ShortPuts – A couple placeholders to get started. Hoping for some weakness at some point to add a lot more.
Sold SOXL AUG 20 2021 38.0 Put @ 2.30
Sold SOXL AUG 20 2021 39.0 Put @ 2.55
SPX trades
#SPX7dteLong Bought to Open July 2nd 4260/4280-4290/4310 condors for 13.35, when SPX was at 4283.
Expiring with max credit of 20.00: June 28th 4255/4275 call spreads; condors bought last Tuesday for 14.10.
#SPX1dte Expiring worthless: June 28th 4215/4240-4315/4340 condors, sold Friday for 1.00. Didn’t realize until now it was 25-pt-wide, rather than my usual 20.
TQQQ, BTC July 2, 65…
TQQQ, BTC July 2, 65 puts at .01 in my IRA. Sold at 1.17
MNMD
Headlines today. Enter at your own risk but does look promising. My only position is July ITM 5/2.5 Bull Put Spreads in a decent size (for me).
I also own lottery ticket stock in NMDBF (very risky).
LAZR SNAP TNA
#ShortPuts – A few more.
LAZR: New starter position.
Sold LAZR JUL 30 2021 22.0 Put @ 1.35
Sold LAZR JUL 30 2021 21.5 Put @ 1.15
Sold LAZR JUL 30 2021 21.0 Put @ .95
SNAP: Pre earnings.
Sold SNAP JUL 16 2021 62.0 Put @ 1.05
Sold SNAP JUL 16 2021 61.0 Put @ .83
Sold SNAP JUL 16 2021 60.0 Put @ .65
TNA: Adding.
Sold TNA JUL 30 2021 80.0 Put @ 1.65
CRWD,
STO August 20, 200 put at 1.35
LABU
#ShortPuts – Starter position.
Sold LABU JUL 30 2021 65.0 Put @ 2.30
PLTR Buy Write
#buywrite
$PLTR BTO Stock at 26.79. STO 7/2 27.5 call at .47.
SNOW TNA
#ShortPuts – Moving out to late July and getting back in these.
Sold SNOW JUL 30 2021 220.0 Put @ 3.31
Sold TNA JUL 30 2021 80.0 Put @ 1.60
GS BUPS
#bups
$GS STO 7/16 350/360 BUPS at 2.82
TNA,
BTC July 16, 80 put at .60, sold at 1.95
OptionsExpiration
==Expired==
AMC 06/25/2021 27.0 Diagonal Put
AMC 06/25/2021 29.0 Diagonal Puts
LABU 06/25/2021 65.0 Diagonal Put
SQQQ 06/25/2021 11.0 Covered Call
TLRY 06/25/2021 18.5/26.0 Bear Call Spread
UVXY1 06/25/2021 4.0 Covered Calls
VXX 06/25/2021 37.5 Covered Calls
VXX 06/25/2021 40.0 Covered Calls
VXX 06/25/2021 41.0 Covered Calls
VXX 06/25/2021 42.0 Covered Calls
VXX 06/25/2021 46.0/70.0 Bear Call Spreads
VXX 06/25/2021 48.0/75.0 Bear Call Spreads
VXX 06/25/2021 50.0/80.0 Bear Call Spread
VXX 06/25/2021 29.0 Diagonal Put #VXXContango
ROKU Put Close / BABA BUPS
#shortputs
$ROKU BTC 7/16 300 put at .31. STO at 4.70. Thank you @fuzzballl
#bups
$BABA STO 7/16 210/220 BUPS at 2.30
SPX trades
#SPX1dte Sold to Open $SPX June 28th 4220/4240-4315/4335 condors for 1.00, SPX at 4280, IV 6.95%, deltas -.10 +.06.
The #VIXIndicator never broke its Upside Warning in last week’s swoon, so it is clearly back on, baby. Therefore, staying aggressive with the put-side deltas for now.
Expiring:June 25th 4205/4225-4300/4320 condors, sold yesterday for .90.
#SPX7dteLong Expiring with max credit of 20.00: June 25th 4230/4250 call spreads. Condors bought Monday for 15.25.
AMC Call Rollout
Rolled AMC Jun 25 2021 38.0 Calls to AMC Jul 02 2021 38.0 Calls at $0.27 Credit.
Not as big a credit for an additional week as last Friday and the stock is almost 7 points lower. Doesn’t make much sense.
But neither does the stock price 😦
TLRY Call Rollup
Bought to Close TLRY Jun 25 2021 17.5 Covered Call/ Sold to Open TLRY Jul 02 2021 18.5 Covered Calls @ $ 0.08 Credit plus another point higher on the strike price.
Bought to Close TLRY Jun 25 2021 18.0 Diagonal Calls / Sold to Open TLRY Jul 02 2021 19.5 Diagonal Calls @ $ 0.22 Credit plus another 1.50 points higher on the strike price.
Waiting until the close to see if my 18.5 calls expire
SPCE
Could this be the next GME/AMC/TSLA spread candidate?
Waiting for higher strikes before venturing in
VXX Put Rolls
Bought to Close VXX Jun 25 2021 30.5 Puts / Sold to Open VXX Jul 02 2021 30.0 Puts at $0.20 Credit
Bought to Close VXX Jun 25 2021 30.0 Puts / Sold to Open VXX Jul 02 2021 29.0 Puts at even Money
Bought to Close VXX Jun 25 2021 29.5.0 Puts / Sold to Open VXX Jul 02 2021 28.0 Puts at $0.03 Credit
Waiting to see if my VXX 29.0 Put expires.
#VXXContango
UPST Put Close
#shortputs
$UPST BTC 6/25 123 put at 1.75. STO at 2.60 this morning
IWM
Russell 1000/2000 rebalance at the close. Some favorite names traded at Option Bistro on the lists:
(Fuzzy I’m talking to you 🙂 )
https://www.zerohedge.com/markets/russell-bursting-money-losing-zombies-after-todays-rebalance
VXX1
- still able to write these until they’re gone
Sold to open VXX1 Jul 16 2021 7.0 Puts at $0.28
This gives me a Long Calendar Butterfly spread with my ( already long ) puts being Jan 2022 6.0 Puts and Jun 2022 8.0 Puts.
#VXXContango trade with no downside risk.
TQQQ Put Close / ALB Call Roll
#shortputs
$TQQQ BTC 7/9 70 put at .05. STO at .90. Thank you @jsd501
#coveredcalls
$ALB BTC 7/16 170 call and STO 8/20 175 call at added credit of 2.95 and added $5 if called away.
TQQQ Call rollup
Bought to close TQQQ Jun 25 2021 115.0 Calls / Sold to Open TQQQ Jul 02 2021 117.5 Calls at $0.20 Net Credit
SNOW Put Close and Open / COUP Put Close / UPST Put / VLO Put Close /RBLX Call Close
#shortputs
$SNOW BTC 7/2 230 put at .80. STO at 4.70. Thank you @jsd501
$SNOW STO 7/2 235 put at 1.25 Thank you @fuzzballl
$COUP BTC 7/16 195 put at .30. STO at 3.30. Thank you @fuzzballl
$UPST STO 6/25 123 put at 2.60
$VLO BTC 7/2 80 put at .60. STO at 3.86.
#coveredcalls
$RBLX BTC 7/2 92 calls at 1.40. STO at 6.45
AMC Rollup Call
Bought to close AMC Jun 25 2021 53.0 Calls at $1.38. Sold last Friday on another rollup at $13.55.
Replaced it with short AMC Jul 02 2021 60.0 Calls at $3.01.
So a Net Credit of $1.63 plus a 7 point bump in the short strike, putting it well out of the money for now.
LABU
#ShortPuts – Let’s see if Mr. Market will come and get this one.
Sold LABU JUL 2 2021 72.0 Put @ 1.60
SNOW TNA
#ShortPuts – Selling one for fun and cleaning up some scraps I missed yesterday.
Sold SNOW JUL 2 2021 235.0 Put @ 1.55
Bought to Close TNA JUL 16 2021 75.0 Put @ .45 (sold for 1.50)
Bought to Close TNA JUL 16 2021 80.0 Put @ .65 (sold for 1.70)
KMX Earnings
#BullPutSpreads – Closed a little early but I’ll take it for a quickie.
Bought to Close KMX JUN 25 2021 125.0/120.0 Bull Put Spread @ 1.09 (sold for 3.26)
COIN Put Close
Bought to Close 1 COIN Jun 25 2021 197.5 Put at $0.05. It won’t trade any lower
Sold on Monday @ 1.18
TQQQ Put Close
#shortputs
$TQQQ BTC 6/25 110 put at .14. STO at 3.00. Many thanks @jsd501
KMX Earnings
#BullPutSpreads – Going full bullish on this one. Used car market has been crazy. But…if I’m wrong I’ll get the stock at a decent basis.
Sold KMX JUN 25 2021 125.0/120.0 Bull Put Spread @ 3.26
SPX trades
#SPX1dteLong Bought to Open $SPX June 30th 4245/4265-4275/4295 condors for 13.60, with SPX at 4268. This is first time I have paid less than 14 for this trade.
GOOGL,
BTO 2460/2475/2480 butter fly at 5.50 for a small trade of 2 contracts.
ALGN, STO August 20, 540…
ALGN, STO August 20, 540 put at 13.60 with stock at 623 but earnings are on July 28 so I am taking a chance that earnings will be good.
TQQQ,
BTC June 25, 80 put at .01, sold at 1.25 and that is all for this week.
#tqqq BTC TQQQ 30 JUL…
BTC TQQQ 30 JUL ,85 PUT @1.03 had sto 7 days ago for $2.25 avg.
little more then 50% return in 7 days/no sense sitting on melting ice (theta) for another 36 days.
will reload on next drop.
TLRY
Sold to open TLRY Jun 25 2021 18.5 Diagonal Calls at $0.30
LABU LAZR SNOW SOXL
#ShortPuts – I’m not necessarily getting bearish but with over 3 weeks to go on most of these taking anything that’s in the 60 percent of max or better gain area.
Most of these were standing orders that gradually filled at .05 below mid price.
Bought to Close LABU JUL 16 2021 58.0 Put @ .70 (sold for 2.95)
Bought to Close LABU JUL 16 2021 59.0 Put @ .80 (sold for 2.80)
Bought to Close LABU JUL 16 2021 60.0 Put @ .95 (sold for 2.55)
Bought to Close LABU JUL 16 2021 61.0 Put @ 1.05 (sold for 2.20)
Bought to Close LABU JUL 16 2021 62.0 Put @ 1.15 (sold for 2.50)
Bought to Close LABU JUL 16 2021 63.0 Put @ 1.35 (sold for 3.20)
Bought to Close LAZR JUL 2 2021 21.5 Put @ .17 (sold for 1.10)
Bought to Close LAZR JUL 2 2021 22.0 Put @ .22 (sold for 1.30)
Bought to Close LAZR JUL 9 2021 21.5 Puts @ .30 (sold for 1.00)
Bought to Close LAZR JUL 9 2021 22.0 Puts @ .40 (sold for 1.10)
Bought to Close SNOW JUL 16 2021 220.0 Put @ 1.50 (sold for 5.50)
Bought to Close SOXL JUL 16 2021 33.0 Put @ .45 (sold for 2.20)
Bought to Close SOXL JUL 16 2021 34.0 Put @ .60 (sold for 2.10)
Bought to Close SOXL JUL 16 2021 35.0 Put @ .70 (sold for 2.45)
Bought to Close SOXL JUL 16 2021 36.0 Put @ .85 (sold for 2.25)
Bought to Close SOXL JUL 16 2021 37.0 Put @ 1.10 (sold for 2.50)
BIIB pre earnings
#ShortPuts – Jumping back in. Selling week before earnings at the expected move and back closer to the pre-announcement level.
Sold BIIB JUL 16 2021 325.0 Put @ 4.00
Options Bistro 