#onlyspreads
SOLD DIA 100 12 APR 2024 377/373 PUT @.09
SOLD NVDA 100 12 APR 2024 920/925 CALL @.31
Category Archives: Uncategorized
WBA Put
Sold 1 WBA Apr 12 2024 17.5 Put at $0.08
#FallingKnife
NVDA Calls
Sold 1 NVDA 04/12/2024 925/920 Bear Call Spread at $0.30 Credit
Paired with the puts I sold Tuesday
SPX 0-dte trades 4/11/24
#SPX0dte Sold to Open $SPX Apr 11th 5130/5160-5165/5195 condors for 19.70, IV 27.98%, at 8:47 ET
GLD and SPY Expiration
2 GLD 04/10/2024 225/220 Bear Call Spreads – Sold yesterday at $0.51 and last week at $0.28
1 SPY 04/10/2024 530/526 Bear Call Spread – Sold yesterday at $0.24
USB PARA KEY Puts
Sold 1 USB Apr 12 2024 40.50 Put at $0.08
Sold 1 PARA Apr 12 2024 10.0 Put at $0.15
Sold 1 KEY Apr 12 2024 14.5 Put at $0.13
BIIB UPS Diagonal Puts
Bought 1 BIIB 04/19/2024 190.0 Put / Sold 1 BIIB 04/12/2024 200.0 Put at $0.95 Credit
Bought 1 BIIB 04/19/2024 190.0 Put / Sold 1 BIIB 04/12/2024 197.5 Put at $0.23 Credit
Bought 1 UPS 04/19/2024 139.0 Put / Sold 1 UPS 04/12/2024 144.0 Put at $0.12 Credit
UVXY NVDA NFLX Calls
Sold UVXY 04/12/2024 10/7.50 Bear Call Spreads at $0.12 and $0.13
Sold 1 NVDA 04/12/2024 935/930 Bear Call Spread at $0.13 Credit
Paired with the puts I sold yesterday
Sold 1 NFLX 04/12/2024 645/640 Bear Call Spread at $0.32 Credit
Paired with the puts I sold yesterday
C CHTR TNA VZ WBA WFC UPS Puts
Sold 1 C Apr 12 2024 55.0 Put at $0.07
Sold 1 CHTR Apr 12 2024 240.0 Put at $0.20
Sold 1 TNA Apr 12 2024 34.0 Put at $0.10
Sold 1 VZ Apr 12 2024 39.5 Put at $0.06
Sold WBA Apr 12 2024 18.0 Puts at $0.08 and $0.10
Sold 1 WFC Apr 12 2024 52.0 Put at $0.07
Sold UPS Apr 12 2024 143.0 Puts at $0.12
#EveryLittleBitHelps
CPI higher than expected
The consumer price index increased at a faster than expected pace in March, indicating that inflation is staying stubbornly higher and likely keeping the Federal Reserve on hold with interest rates.
The CPI, a broad measure of goods and services costs across the economy, rose 0.4% for the month, putting the 12-month inflation rate at 3.5%. Economists surveyed by Dow Jones had been looking for a 0.3% gain and a 3.4% year-over-year level.
Excluding volatile food and energy components, core CPI also accelerated 0.4% on a monthly basis while rising 3.8% from a year ago, compared to respective estimates for 0.3% and 3.7%.
https://www.cnbc.com/2024/04/10/cpi-inflation-march-2024-consumer-prices-rose-3point5percent-from-a-year-ago-in-march.html
SPX 0-dte
#SPX0dte I am not trading before CPI, but watching a centered test trade going for 23.85. That’s only 6.15 of risk, which is quite tempting.
I will watch movement and consider a trade if volatility starts dropping and SPX calms down.
SPY Expiration
1 SPY 04/09/2024 530/523 Bear Call Spread – Sold yesterday at $0.24
VXX UVXY SPY Calls
Sold 1 VXX 04/12/2024 18.5/14.5 Bear Call Spread at $0.17 Credit
Sold 1 UVXY 04/12/2024 10/7.5 Bear Call Spread at $0.11 Credit
For the next 3 trading days:
Sold 1 SPY 04/10/2024 530/526 Bear Call Spread at $0.24 Credit
Sold 1 SPY 04/11/2024 530/527 Bear Call Spread at $0.28 Credit
Sold 1 SPY 04/12/2024 532/528 Bear Call Spread at $0.32 Credit
UDR HBAN Stock
Sold half of my tiny positions in UDR and HBAN
Sold HBAN at $14.04. Bought on 05/12/2022 at $12.61
Sold UDR at $37.92. Bought on 10/25/2023 at $34.00 (Sold today at yesterday’s high and it’s Ex-Div today so I get the $0.425 Dividend too)
NFLX
#onlyspreads
Sto NFLX 12 APR 2024 590/585 PUT @.21
NVDA
#onlyspreads
Sto NVDA 12 APR 2024 780/775 PUT @.26
TQQQ
Sto TQQQ 12 APR 2024 55/53 PUT @.21
C NVDA NFLX Puts
Sold 1 C 04/12/2024 55/58 Bull Put Spread at $0.18 Credit
#Earnings this week
Sold 1 NVDA 04/12/2024 795/800 Bull Put Spread at $0.24 Credit
Sold 1 NFLX 04/12/2024 585/590 Bull Put Spread at $0.25 Credit
GLD SBUX UPS
Sold 1 GLD 04/17/2024 230/225 Bear Call Spread at $0.34 Credit
Sold 1 GLD 04/10/2024 225/220 Bear Call Spread at $0.51 Credit (expires tomorrow)
Sold SBUX 04/12/2024 88.0 Covered Calls at $0.52 and $0.58 against long stock Put to me Friday
Sold 1 UPS 04/12/2024 145.0 Put at $0.24
SPX 0-dte trades 4/9/24
#SPX1dte Sold to Open $SPX Apr 9th 5180/5210-5215/5245 condors for 15.15, IV 16.64%, at 9:28 ET
SPY Expiration
1 SPY 04/08/2024 522 Call – Sold this morning at $0.17
1 SPY 04/08/2024 535/530 Bear Call Spread – sold last Thursday at $0.24
1 SPY 04/08/2024 500/505 Bull Put Spread – sold last Tuesday at $0.17
ARM COIN Call
#coveredcalls
$ARM STO 4/12 132 call at $1.10
$COIN STO 4/12 272.5 call at $3.55
UPS Diagonal Calls
Bought 1 UPS 04/19/2024 162.5 Call / Sold 1 UPS 04/12/2024 155.0 Call at $0.45 Credit
SPY Calls 1DTE
Sold 1 SPY 04/09/2024 530/523 Bear Call Spread at $0.24 Credit
SPY Call 0DTE
Sold 1 SPY 04/08/2024 522.00 Call at $0.17
META AMD COST NVDA NFLX HE F BRK/B
#onlyspreads
Sto META 12 APR 2024 490/485 PUT @.18
Sto META 12 APR 2024 485/482.5 PUT @.09
Sto AMD 12 APR 2024 152.5/150 PUT @.09
Sto COST 12 APR 2024 680/675 PUT @.12
Sto NVDA 12 APR 2024 805/800 PUT @.21
Sto NFLX 12 APR 2024 590/585 PUT @.16
#coveredcalls
Sto HE 19 APR 2024 14 CALL @.05
Sto HE 19 APR 2024 11 CALL @.56
Sto F 12 APR 2024 13.5 CALL @.17
SPX 0-dte trades 4/8/24
#SPX0dte Sold to Open $SPX Apr 8th 5175/5205-5210/5240 condors for 16.85, IV 20.35%, at 8:25 ET
Economic Calendar 4/8 – 4/12
CPI report is Wednesday morning
OptionsExpiration
Expired on a wild week:
SPY 505/510 Bull Put Spread
SPY 530/525 Bear Call Spread
GLD 222.5/217.5 Bear Call Spread
LABU 88/99 Bull Put Spread
DIS 130/127 Bear Call Spread
DIS 130/126 Bear Call Spread
DIS 130/121 Bear Call Spread
UPS 140/143 Bull Put Spread
AAPL 160/165 Bull Put Spread
ACN 325/327.5 Bull Put Spread
ACN 325/330 Bull Put Spread
ACN 355/350 Bear Call Spreads
VXX 17/14.5 Bear Call Spread
UVXY 9.5 Covered Calls
AAP 89/87 Bear Call Spread
ULTA 410/420 Bull Put Spread
TSLA 155 Diagonal Put
BOIL 17.5 Covered Calls
BOIL 17.0 Covered Call
GILD 69.0 Put
GILD 68.0 Put
NKE 88.0 Put
ETSY 61.0 Put
WBA 18.0 Put
WBA 19.0 Put
CMCSA 40.5 Put
Assignments:
SBUX 88.0 Puts
WBA 19.5 Put
COIN Call Closed
#coveredcalls
$COIN BTC 4/12 295 call at .35. Sto at 9.73 on 3/28
SPX
#SyntheticShortStock – Wow. Didn’t see this reversal coming. Way too early on these this morning. Out a week and down a couple strikes. May adjust again Monday.
Rolled SPX Apr 05 2024 5250.0 Puts to Apr 12 2024 5240.0 Puts @ even (22.65 total now)
UPS Calls Closed
Bought to close 2 UPS 04/05/2024 155.00 Calls at $0.01 (Sold at $0.28 and $0.35)
Sold to close 1 UPS 04/05/2024 160.00 Call at $0.01 (Bought at $0.04)
Rolled 1 UPS 04/05/2024 149.0 Call UP to 1 UPS 04/12/2024 150.0 Call at $0.62 Credit
#ReleaseCapital
SPY vs VIX vs GLD
One of those unusual days when the SPY and the VIX ETF’s plus GLD (gold) are all UP
TSLA Zero DTE
Bought 1 TSLA 04/12/2024 130.0 Put / Sold 1 TSLA 04/05/2024 155.0 Put at $0.27 Credit
DJT Put rolled
Rolled out another week at the same strike
Rolled 1 DJT Apr 05 2024 20.0 Put to next week for $0.09 Credit
TQQQ,
BTC May 10, 50 puts at 1.01 which is where I sold them yesterday. I am now 100% cash and just waiting and watching.
GLD
New high today
Sold 1 GLD 04/12/2024 227.5/222.5 Bear Call Spread at $0.28
SPX Haven’t seen this high…
SPX
Haven’t seen this high expected move in a long time. Remain on the sideline. maybe later.
SPX 0-dte trades 4/5/24
#SPX0dte Sold to Open $SPX Apr 5th 5130/5160-5165/5185 condors for 20.35, IV 31.03%, at 9:32 ET.
I watched several spreads in pre-market, but IV nor premium really dropped much between jobs report and the open. So I didn’t feel I would get an advantage entering before the open.
March Jobs Report
#Jobs — Gains exceed expectations once again.
Gain of +303,000 non-farm payroll jobs, vs. expected gain of 214K
Unemployment down 0.1% to 3.8%, as expected
U6 unemployment 7.3%, unchanged
Labor force participation up 0.2% to 62.7%
Average hourly earnings up by 0.3%, as expected; +4.1% Y/Y as expected
February jobs revised down by -5K to +270K
January jobs revised up by +27K to +256K
SPY Expiration
1 SPY 04/04/2024 530/524 Bear Call Spread – sold Monday at $1.43
1 SPY 04/04/2024 505/510 Bull Put Spread – sold Tuesday at $0.17
1 SPY 04/04/2024 500/509 Bull Put Spread -Sold Tuesday at $0.23
TQQQ,
Itlooks like a close below the 50 day MA. I think the first support is 52 to 54.
TQQQ,
SOmething did not smell right so I bought back the May 10, 50 puts that I sold at a 2 cent profir and just now sold them at 1.01,my thanhs to Niel Kaskari.
SPY Puts
On the sudden pullback – SPY low so far is 514.85
Sold 1 SPY 04/12/2024 489/499 Bull Put Spread at $0.27 Credit
Sold 1 SPY 04/15/2024 488/498 Bull Put Spread at $0.28 Credit
Sold 1 SPY 04/16/2024 487/497 Bull Put Spread at $0.29 Credit
UVXY VXX Calls
On a sudden market pullback
Sold UVXY 04/12/2024 9/7.5 Bear Call Spreads at $0.07 Credit
Sold VXX 04/12/2024 17.5/15 Bear Call Spreads at $0.10 Credit
SPX
#SyntheticShortStock – More data coming in the morning so very aggressive here. No clue how the market will react.
Rolled SPX Apr 05 2024 5240.0 Puts to Apr 05 2024 5250.0 Puts @ 3.85 credit (22.65 total now)
UPS Puts Closed
Bought to close 1 UPS 04/05/2024 136/145 Bull Put Spread at $0.01
Bought to close 1 UPS 04/05/2024 138/144 Bull Put Spread at $0.01
#ReleaseCapital
AAP SPY Calls
Sold 1 AAP 04/05/2024 89/87 Bear Call Spread at $0.18 Credit
Sold 1 SPY 04/08/2024 535/530 Bear Call Spread at $0.24 Credit
Sold 1 SPY 04/05/2024 530/525 Bear Call Spread at $1.05 Credit
SPX 0-dte trades 4/4/24
#SPX0dte Another over-reaction to data, this time slight rise in weekly jobless claims. Not sure if I’ll place a trade before the open.
SPY Expiration
1 SPY 04/03/2024 505/510 Bull Put Spread – sold yesterday at $0.13
UPS Call
Sold 1 UPS 04/05/2024 155.00 Diagonal Call at $0.28
ULTA Puts
Sold 1 ULTA 04/05/2024 410/420 Bear Call Spread at $0.30 Credit
GLD SLV Calls
Fading the gold / silver run a bit
Sold 1 GLD 04/05/2024 222.5/217.5 Bear Call Spread at $0.18 Credit
Sold 1 SLV 04/05/2024 28/25 Bear Call Spread at $0.18 Credit
AMDY
BOT AMDY @20.81
OT I am using Fox…
OT
I am using FireFox browser and I am getting a message that connection is lost several times a day, I also see that it doesn’t refresh sometimes even after I had re-connected. I cleared the history, switched of the enhanced tracking but the issues remain. Anyone has similar issues and knows the solution?
Thanks
LABU SBUX Puts
Sold 1 LABU Apr 05 2024 89/99 Bull Put Spread at $0.53 Credit
Sold 1 SBUX Apr 05 2024 86/88 Bull Put Spread at $0.22 Credit
SPX o-dte 4/3/24
#SPX0dte Sold to Open $SPX Apr 3rd 5170/5200-5205/5235 condors for 15.85, IV 18.38%, at 8:41 ET
HE
#shortputs
Sto HE 5 APR 2024 11 PUT @.16
SPY Puts
As noted below – SPY Bottomed at about 516.50
Sold 1 SPY 04/08/2024 500/505 Bull Put Spread at $0.17 Credit
Sold 1 SPY 04/05/2024 505/510 Bull Put Spread at $0.34 Credit
Sold 1 SPY 04/04/2024 505/510 Bull Put Spread at $0.17 Credit
Sold 1 SPY 04/04/2024 500/509 Bull Put Spread at $0.23 Credit
Sold 1 SPY 04/03/2024 505/510 Bull Put Spread at $0.13 Credit
VXX UVXY Calls
Sold 1 VXX 04/05/2024 14.50 Call at $0.13
Sold VXX 04/05/2024 14.00 Calls at $0.21 and $0.33
Sold 1 VXX 04/12/2024 15.50 Call at $0.22
Sold UVXY 04/12/2024 8.00 Calls at $0.15
Sold UVXY 04/19/2024 9.00 Calls at $0.15
VXX and UVXY peaked out at about 10:15, the same time as SPY bottomed at 516.50
SPX
#SyntheticShortStock – Out to Friday and down a strike.
Rolled SPX Apr 02 2024 5245.0 Puts to Apr 05 2024 5240.0 Puts @ 2.00 credit (18.80 total now)
Powell speaks WEDNESDAY 4/3
Added to the economic calendar is Powell speaking Wednesday at 12:10pm ET
SPX 0-dte 4/2/24
#SPX0dte Sold to Open $SPX Apr 2nd 5190/5220-5225/5245 condors for 14.15, IV 15.43%
Futures trending lower after a day with a decent drop, so this is riskier positioning than last week has been. Also would like to be out by 10a ET to avoid in reaction to JOLT jobs report.
SPY Expiration
1 SPY 04/01/2024 526.00 Call
Small Trades
UVXY Apr 05 2024 8.5 Covered Calls at $0.03
UVXY Apr 05 2024 7.0 Covered Calls at $0.06
VXX Apr 05 2024 14.0 Covered Call at $0.09
VXX Apr 12 2024 15.5 Covered Call at $0.11
VXX Apr 19 2024 17.5 Covered Call at $0.11
TSLA Apr 05 20214 135.0 Put at $0.06
BA Apr 05 2024 172.5 Put at $0.06
NKE Apr 05 2024 89.0 Put at $0.07
ETSY Apr 05 2024 61.0 Put at $0.08
WBA Apr 05 2024 19.0 Put at $0.09
#EveryLittleBitHelps
SPY on the open
Sold 1 SPY 04/04/2024 530/524 Bear Call Spread at $1.43 Credit
SPX
#SyntheticShortStock – Straight roll today.
Rolled SPX Apr 01 2024 5245.0 Puts to Apr 02 2024 5245.0 Puts @ 6.25 credit (16.80 total now)
AAPL Puts
Sold 1 AAPL 160/165 Bull Put Spread at $0.23 Credit
TQQQ,
Sto May 10, 50 puts at .65, added to the short.
TQQQ,
STO May 10, 50 puts at .63 cents
SPX 0-dte 4/1/24
#SPX0dte Sold to Open $SPX Apr 1st 5230/5260-5265/5295 for 12.80, IV 14.78%
Expiration Assignments
#optionsexpiration #assignment
Assigned
$AMD 182.5 put
$ARM 140 put
$UPST 25.5 call
Expired
$VKTX 66 put
$DJT 75 call
$AMZN 185 call
$NVO 135 call
$ARM 141 call
SPY Call
Bought to close 1 SPY 03/28/2024 524.00 Call at $0.23. Sold this morning at $0.58
Rolled it to 1 SPY 04/01/2024 526.00 Call at $0.40
TQQQ META SPY AVGO
3/28/2024 all expired worthless/yeah
ACN Calls
Rolled the entire ACN 350/345 Bear Call spreads up 5 points to next week’s ACN 355/350 Bear Call Spreads for a $0.04 Credit
However, all my ACN BULL Put spreads will expire
#WinSomeLoseSome
Options Bistro 