Quite a while ago I rolled up an earlier long call to a 10/16/2020 336.0 Call @ 9.03.

I’ve written against this long several times, some trades better than others.

Since this call is closing in on expiration, and many of my short calls are at or above this strike price, I’m rolling the long out to December for a credit and much more time.

Sold to close the 10/16/2020 Call @ 8.97 for a very minor loss.
Bought to open a 12/18/2020 355.0 Call @ 8.70 for 0.27 Net credit on the trade.

We will see if we get a further rally above 343.50 in the next 6 days to make my timing wrong on this.

Spanning the election mess
Bought to open 1 SPY Nov 27 2020 360.0 Call / Sold 1 SPY Oct 26 2020 346.0 Call @ 0.07 Credit.
Giving at least one of my spreads room to run on an upside move.

Last roll
Bought to Close 1 SPY Oct 07 2020 340 Call / Sold to Open 1 SPY Oct 12 2020 343 Call @ 0.71 Net Credit plus a 3 point bump in the short strike.

Actually took a small profit on the 340 call from Monday’s roll.

Once SPY breeched 341, I began to place my roll orders
Bought to Close 1 SPY Oct 07 2020 335 Call / Sold to Open 1 SPY Oct 12 2020 336 Call @ 0.25 Net Credit
Bought to Close SPY Oct 07 2020 336 Call / Sold to Open SPY Oct 12 2020 337 Calls @ 0.54 Net Credit
Bought to Close 1 SPY Oct 07 2020 338 Call / Sold to Open 1 SPY Oct 09 2020 338 Call @ 0.41 Net Credit
Bought to Close SPY Oct 07 2020 339 Calls / Sold to Open SPY Oct 09 2020 341 Calls @ 0.22 Net Credit.

Pushed all my strike prices up.

Puts this morning – calls this afternoon
Bought to Open VXX Nov 20 2020 70 Calls / Sold to Open VXX Oct 09 2020 27.5 Calls @ 0.03 Net Credit

Trying to keep my positions balanced although I still have more puts short than calls, and the strikes are closer to the stock than the calls.

High so far on VXX is 25.54

Bought to open VXX Jan 15 2021 15.0 Puts / Sold to Open VXX Oct 09 2020 24.0 Puts @ 0.03 Net Credit.
I expect the short to expire leaving me with a few more “no cost” longs for next January (or I can roll).

Also Sold to Open VXX Oct 09 2020 23.50 Puts @ 0.12

Pretty benign range for VXX today. 24.39-24.81 with half the day gone

Bought to close 1 SPY Oct 05 2020 338 Call / Sold to Open 1 SPY Oct 07 2020 340 Call @ 0.50 Net Credit.

SPY rallied 5 points today so getting almost a point for a call 3 points out of the money this morning just wasn’t enough premium I guess.

Selling a small diagonal with the short side next week instead of this week..
Bought to open VXX Jan 15 2021 16 Puts / Sold to Open VXX Oct 16 2020 23.5 Puts @ 0.07 Net Credit.
I expect the short to expire leaving me with a few more “no cost” longs for next January.

I’m thinking the VIX pulls back dramatically by Thanksgiving based on the skew in the VIX futures.

Sold ADS Oct 09 2020 51.0 Covered Call @ 0.25
Sold KSS Oct 09 2020 22.0 Covered Calls at $0.22
Sold WBA Oct 09 2020 37.5 Covered Call at $0.15
Sold WDC Oct 09 2020 40.0 Covered Calls at $0.07

Enough for this week’s grocery store run 🙂

It’s happening again

VIX up 4%
S&P up 1.3%

Arrrggg 🙂

Sold to Open SPY Oct 09 2020 340 Diagonal Calls at $2.22 & 2.66
Sold to open SPY Oct 07 2020 339 Diagonal Calls at $1.83 & 2.27
Sold to open 1 SPY Oct 05 2020 338 Diagonal Call at $0.90

Sold these to replace the 10/02/2020 335 calls that expired and the 10/02/2020 336 Calls I covered for a penny on Friday.

Bought to Open 1 SPY Nov 20 2020 360 Call /Sold to Open 1 SPY Oct 07 2020 335 Call @ 0.58 Net Credit
Bought to Open 1 SPY Nov 20 2020 355 Call /Sold to Open 1 SPY Oct 09 2020 335 Call @ 0.14 Net Credit

Bought to close SPY Oct 02 2020 336 Calls at $0.01. (Tried to cancel the order but was too late)
Sold these at 4.52 last week.

Bought to Close SPY Oct 02 2020 334 Call / Sold to Open SPY Oct 07 2020 338 Call @ 0.82 Net Credit plus a 4 point higher strike for Next Wednesday.

The SPY high for the last 10 days has been 338.74.

Bought to close VXX Oct 02 2020 25.5 Calls @ 0.09. Sold these last Friday at 0.32 and 0.41.
Replaced them with some VXX Oct 09 2020 31.0 Calls @ 0.12.
VXX is at 25.40. Not chancing a bounce in the last 20 minutes that could put them back in the money.

I’m pretty confident that my VXX 26.0 Calls will expire though.

Sold another VXX 10/09/2020 25.0 Put at 0.71 – adding to my position
Also
Sold VXX 10/09/2020 24.0 Puts at 0.24 – also adding.

I have a huge bunch of 24.0 and 24.50 puts expiring in an hour.
VXX is at 25.35