Bought to Close 4240/4250/4250/4260 Iron Fly @ 8.25 (sold for 5.60)
1.30 loss for the week on 3 attempts. Not bad considering 2.5 of the attempts were on the short call side into about a 4 or 5 std dev move to the upside. LOL
Bought to Close 4240/4250/4250/4260 Iron Fly @ 8.25 (sold for 5.60)
1.30 loss for the week on 3 attempts. Not bad considering 2.5 of the attempts were on the short call side into about a 4 or 5 std dev move to the upside. LOL
#CoveredCalls #SyntheticCoveredCalls #ShortPuts
SPX: 0 DTE not working today. Incredible up move this week.
Sold 4240/4250/4350/4360 Iron Condor @ 2.10 yesterday.
Call side getting run over so added 4350/4340 Put Spread @ 3.50 to make an Iron Fly
Probably heading for 4.40 loss
SPY: Out of all short puts now and rolling a covered call.
Bought to Close SPY Nov 17 2023 425.0 Put @ 1.78 (sold for 3.45)
Bought to Close SPY Dec 08 2023 420.0 Put @ 2.80 (sold for 3.55)
Rolled SPY Nov 03 2023 406.0 Call to Dec 15 2023 411.0 Call @ .45 debit (6.80 total now)
TLT: Booking gains on more short puts and rolling covered calls.
Bought to Close TLT Nov 17 2023 85.0 Put @ .33 (sold for 3.05)
Bought to Close TLT Nov 17 2023 88.0 Puts @ 1.19 (sold for 2.90)
Rolled TLT Nov 17 2023 88.0 Calls to Dec 15 2023 90.0 Calls @ .08 debit (.23 total now)
Rolled TLT Nov 17 2023 88.5 Calls to Dec 15 2023 91.0 Calls @ .17 debit (.15 total now)
TSLA: Rolling synthetic covered.
Rolled TSLA Nov 03 2023 190.0 Call to Dec 15 2023 195.0 Call @ .25 credit (28.30 total now)
#SPX1dte Sold to Open $SPX Nov 3rd 4290/4310-4390/4410 condors for 1.00, deltas -.08 +.05, IV 23.2%
Watching on tight leash as I’m at end of wining week.
#Jobs — A bit less than expected and a big drop from September.
Gain of +150,000 non-farm payroll jobs, vs. expected gain of 170K
Unemployment up 0.1 to 3.9%, vs expected unchanged
U6 unemployment 7.2%, up by 0.2
Labor force participation at 62.7%, down by 0.1
Average hourly earnings up by 0.2%; 4.1% increase over the year
September jobs revised down by -39K to +297K
August jobs revised down by -62K to +165K
Bought 1 AAPL Nov 10 2023 192.5 Call/ Sold 1 AAPL Nov 03 2023 185 Call at $0.25 Credit
Sold 1 AAPL Nov 03 2023 160/165 Bull Put Spread at $0.17 Credit
Sold 1 EOG Nov 03 2023 139/134 Bear Call spread at $0.35 Credit
#Earnings #OnlySpreads
Since I will be rolling most of today’s SPY Calls out day by day, I’m putting some puts out there to make some of the time premium back.
Sold 1 SPY Nov 07 2023 422 Put at $0.64
Sold 1 SPY Nov 06 2023 422 Put at $0.43
#OnlySpreads
Rolled this week’s DG 115 Calls to next week’s DG 116 Covered Calls at $0.52 Credit
Rolled this week’s MMM 94 Call to next week’s MMM 95 Covered Call at $0.17 Credit
Rolled this week’s TGT 117 Call to next week’s TGT 117 Covered Call at $0.20 Credit
#CoveredCalls
#spy7dte
#onlyspreads
Sto SPY 7 NOV 2023 438/442 CALL @.15
———-
#coveredcalls
Sto SOXL 10 NOV 2023 18.5 CALL @.26
Bought 1 COF Nov 10 2023 108 Call / Sold 1 COF Nov 03 2023 103 Call at $0.70 Credit
Bought 1 COF Nov 10 2023 109 Call / Sold 1 COF Nov 03 2023 104 Call at $0.50 Credit
Bought 1 AAPL Nov 10 2023 190 Call / Sold 1 AAPL Nov 03 2023 185 Call at $0.24 Credit
The short sides are 1dte
#OnlySpreads
#ShortPuts – Taking a lot off on the bounce and the VIX collapse.
Bought to Close SPY Nov 10 2023 420.0 Put @ 1.37 (sold for 3.20)
Bought to Close SPY Nov 24 2023 415.0 Put @ 2.07 (sold for 3.32)
Bought to Close SPY Dec 01 2023 400.0 Put @ 1.10 (sold for 3.15)
Bought to Close SPY Dec 15 2023 390.0 Put @ 1.37 (sold for 3.80)
Bought to Close SPY Dec 29 2023 375.0 Put @ 1.09 (sold for 3.25)
Bought to Close SPY Dec 29 2023 380.0 Put @ 1.32 (sold for 3.25)
Bought to Close SPY Dec 29 2023 385.0 Put @ 1.60 (sold for 3.52)
Sold 1 AAPL 187.5/182.5 Bear Call Spread at $.039 Credit
Sold 1 AAPL 190/185 Bear Call Spread at $.032 Credit
Sold 1 CAH 81/86 Bull Put Spread at $0.35 Credit
Sold 1 EOG 137/132 Bear Call Spread at $0.35 Credit
Sold 1 EXPE 113/108 Bear Call Spread at $0.35 Credit
#Earnings #OnlySpreads
Bought SPY Nov 03 2023 434 Calls / Sold SPY Nov 02 2023 429 Calls at $0.44 Credit
The short is 0dte
#OnlySpreads
Bought a tiny bit of OGN at $14.00 (pre-market). Div = 7.65%
#SP500 #FallingKnife
Post earnings, stock at 1370, rolled Dec 15 1000 put up to 1170 put (12 delta) @ 11.45 credit. With rolls, total premium taken in now 33.66.
#SPX1dte Just before close yesterday I did a bullish #RiskReversal, since reaction to Fed decision was positve.
Sold to Open $SPX Nov 2nd 4175/4155 put spreads
Bought to Open Nov 2nd 4300/4320 call spreads
Net CREDIT +0.25
This morning the call spread is doing well, and I’ll wait until after open to see if we can kick higher. I will also probably roll up the put spread.
1 SPY 426/423 Bear Call Spread
1 SPY 427/424 Bear Call Spread
1 SPY 404/409 Bull Put Spread
1 SPY 406/415 Bull Put Spread
My SPY 421 Call went ITM so Covered it and replaced it with 1 SPY Nov 2 2023 427/422 Bear Call spread at $0.07 Credit
My SPY 422 Call went ITM so Covered it and replaced it with 1 SPY Nov 2 2023 429/424 Bear Call spread at $0.03 Credit
STO, December 15, 380 puts at 1.11 on the SPY
#0DTE – First time for real. What better day to jump in LOL. Just one spread each. Selling bounces staying above the 200 day for protection.
Pre FOMC:
STO 4250/4255 @ 1.20
BTC 4250/4255 @ .90
Post FOMC:
STO 4250/4260 @ 1.30
BTC 4250/4260 @ .50
Sold 1 ABNB Nov 03 2023 138/133 Bear Call Spread at $0.35 Credit
Sold 1 ABNB Nov 03 2023 96/101 Bull Put Spread at $0.30 Credit
Sold 1 VFC Nov 03 2023 12/13 Diagonal Bull Put Spread at $0.14 Credit
#Earnings #OnlySpreads
Sold 1 GNRC Nov 03 2023 107/102 Bear Call Spread at $0.38 Credit
Sold PENN Nov 03 2023 25/23 Bear Call Spreads at $0.13 and $0.14 Credit
Sold 1 ALB Nov 03 2023 105/110 Bull Put Spread at $0.38 Credit
Sold 1 ALB Nov 03 2023 103/108 Bull Put Spread at $0.50 Credit
QCOM Nov 03 2023 124/119 Bear Call Spread at $0.35 Credit
QCOM Nov 03 2023 94/99 Bull Put Spread at $0.33 Credit
Sold 1 SPY Nov 02 2023 429/424/407/402 Iron Condor at $0.55 Credit
#OnlySpreads
With the stock at 1243, rolled short $MELI Nov 1050 put down and out to Dec 15 1000 put (9 delta) @ 3.71 credit, giving tonight’s earnings a wide berth. Total premium taken in on this position is now 22.21.
Sold 1 SPY Nov 01 2023 424 Call at $0.28.
Sold 1 SPY Nov 01 2023 415 Put at $0.19
#OnlySpreads
#CoveredCalls #SyntheticCoveredCalls – Selling half size.
Sold TLT Nov 17 2023 88.5 Calls @ .33
1 SPY Oct 31 2023 423/419 Bear Call Spread
1 SPY Oct 31 2023 395/404 Bull Put Spread
1 SPY Oct 31 2023 395/414 Bull Put Spread
#OnlySpreads
Bought to close 1 SPY Oct 31 2023 418 Call at $0.47 as it went ITM at the EOD
Replaced it with 1 SPY Nov 01 2023 426/421 Bear Call Spread at $0.74 Credit
Bought 1 VXX 11/10/2023 33.00 Call/Sold 1 VXX 11/03/2023 27.00 Call at $0.10 Credit
Bought 1 VXX 11/10/2023 20.00 Put/Sold 1 VXX 11/03/2023 23.00 Put at $0.33 Credit
Also:
Sold 1 VXX 11/10/2023 21.5/22.5 Bull Put Spread at $0.17 Credit
#SyntheticShortStock – Rolling down a little. Sold against a Jan 2026 position.
Rolled NOC NOV 10 2023 487.5 Put to NOV 24 2023 485.0 Put @ even (14.90 total now)
#CoveredCalls #SyntheticCoveredCalls – Going to stay out of the way of the Fed meeting. Maybe re-load during the fluctuations during the JP show.
Bought to Close TLT Nov 03 2023 87.0 Calls @ .15 (sold for .24 and .25)
Bought to Close TLT Nov 03 2023 88.0 Calls @ .08 (sold for .26 and .31)
Sold 1 SPY Nov 01 2023 427/422/409/404 Iron Condor at $0.54 Credit
#OnlySpreads
Sold 1 SPY Oct 31 2023 419 Call at $0.11. 0dte
Sold 1 SPY Oct 31 2023 414 Put at $0.12 0dte
Sold 1 AAP Oct 31 2023 55 Call at $0.23
Sold UVXY Nov 03 2023 24 Calls at $0.12
Sold 1 GM Nov 03 2023 28.5 Call at $0.21
Sold 1 GM Nov 03 2023 29 Call at $0.13
Sold 1 ZION Nov 03 2023 32 Call at $0.19
Sold 1 CVS Nov 03 2023 74 Call at $0.29
Sold Nov 03 2023 73 Calls at $0.45, $0.47 and $0.49
Sold 1 VFC Nov 03 2023 14.5 Put at $0.15
Sold 1 ALB Nov 03 2023 107/112 Bull Put Spread at $0.37 Credit
#OnlySpreads
#SPX1dte Sold to Open $SPX 4125/4105 put spreads for .70, delta -.08 IV 25.1%
Bought tiny bits of these today below prior lows:
LEG at $23.00 (after hours trade). Div = 7.94%
VFC at $15.00 (after hours trade). Div = 7.1%
WU at $11.00. Div = 8.27%
PEAK at $16.00. Div = 7.30%
#SP500 #FallingKnife
1 SPY Oct 30 2023 417 Call and 1 SPY Oct 30 2023 410 Put sold today
1 SPY Oct 30 2023 402/407 Bull Put Spread that I rolled to on Friday
#OnlySpreads
Bought 1 SPY Oct 31 2023 423 Call and Bought 1 SPY Oct 31 2023 395 Put
Sold 1 SPY Oct 30 2023 417 Call and 1 SPY Oct 30 2023 410 Put for a total Condor Credit of $0.32.
The short side is ZeroDTE
#OnlySpreads
Sold 1 CVS 11/03/2023 73.00 Covered Call at $0.29
Sold 1 CVS 11/10/2023 73.00 Covered Call at $0.43
Sold 1 CVS 11/10/2023 73.00 Covered Call at $0.59
Replacing calls that expired Friday
#CoveredCalls
#ShortPuts – On the opening bounce, rolled the top of the ladder out and down.
Rolled SPY Nov 03 2023 425.0 Put to Dec 08 2023 420.0 Put @ .35 credit (3.55 total now)
#SyntheticStock – Sold against Jan 2026 synthetic. Rolling down for a little more premium.
Rolled TSLA Nov 03 2023 202.5 Call to Nov 03 2023 195.0 Call @ 5.00 credit (25.05 toal now)
Sold 1 GOOGL Nov 03 2023 135/130 Bear Call Spread at $0.12 Credit
Sold 1 PYPL Nov 03 2023 62/57 Bear Call Spread at $0.42 Credit
Sold 1 MRNA Nov 03 2023 90/85 Bear Call Spread at $0.32 Credit
Sold 1 COF Nov 03 2023 107/102 Bear Call Spread at $0.70 Credit
Sold 1 PENN Nov 03 2023 25/21 Bear Call Spread at $0.33 Credit
Sold 1 PENN Nov 03 2023 25/22 Bear Call Spread at $0.24 Credit
#OnlySpreads
Sold 1 SPY Oct 31 2023 423/418 Bear Call Spread at $0.57 Credit
#OnlySpreads
On the open
Sold 1 PARA Nov 03 2023 12.5 Call at $0.11
Sold 1 TSN Nov 03 2023 47.5 Call at $0.15
Sold 1 ZION Nov 03 2023 31.5 Call at $0.20
Sold 1 GM Nov 03 2023 28.5 Call at $0.23
Sold 1 AAP Nov 03 2023 54 Call at $0.25
Sold 1 PENN Nov 03 2023 19.5 Call at $0.68
#SPX1dte BTC call side for 2.35. My error was not legging in. With pre-market up I should have only sold puts and waited for open to sell calls. This is the current reality in volatile markets. For same day trades, if pre-market is trending sell only in opposite direction and wait for open spike up or down.
#SPX1dte Sold to Open $SPX Oct 30th 4060/4080-4185/4205 condors for 1.45, deltas -.07 +.07, IV 28.8%
Most of my #Earnings spreads expired or the short side was covered at minimum prices.
Best week in a long, long time
Those that expired:
AMZN Puts
CMG Puts and Calls
DLR Calls
ENPH Calls
GOOGL Puts and Calls
IBM Puts and Calls
INTC Puts
META Puts
MSFT Calls
TNA Calls
TQQQ Calls
WM Puts and Calls
Assignments:
1 GM 27.5 Put
1 PENN 18.5 Put
I’ll start writing Calls next week
Anyone know where the T2108 is today?
#CoveredCalls – Looking like it wants to take a sniff of 400. Keeping the short call in the money (rally incoming now!)
Rolled SPY OCT 30 2023 412.0 Call to OCT 30 2023 405.0 Call @ 4.50 credit (7.00 total now)
#CoveredCalls #SyntheticCoveredCalls #SyntheticShortStock
NOC: Selling against synthetic short stock.
Rolled NOC OCT 27 2023 490.0 Put to NOV 10 2023 487.5 Put @ .40 credit (14.90 total now)
SPY: Covered.
Bought to Close SPY OCT 27 2023 416.0 Call @ .10 (sold for 8.30)
Sold SPY OCT 30 2023 412.0 Call @ 2.51
TLT: Eeked out a small winner this week. Covered and synthetic covered.
Bought to Close TLT OCT 27 2023 85.5 Calls @ .02 (sold for .11)
Sold TLT NOV 03 2023 87.0 Calls @ .24 and .25
TSLA: Selling against synthetic stock.
Rolled TSLA OCT 27 2023 200.0 Call to NOV 03 2023 202.5 Call @ .75 credit (20.05 total now)
Bought t0 close UVXY Oct 27 2023 20 Covered Calls at $0.02
Sold UVXY Nov 03 2023 25.0 Covered Calls at $0.27
#CoveredCalls
Also:
Sold 1 UVXY Nov 03 2023 28/24.5 Bear Call Spread at $0.26 Credit
Sold 1 UVXY Nov 10 2023 29/24 Bear Call Spread at $0.56 Credit
Sold 1 UVXY Nov 10 2023 28/23 Bear Call Spread at $0.63 Credit
#OnlySpreads
Bought to close 1 DG 10/27/2023 123.0 Call at $0.05. Sold at $0.94
Rolled 1 DG 10/27/2023 119.0 Call to 1 DG 11/03/2022 123.0 Call at $0.07 Credit
Rolled 1 DG 10/27/2023 120.0 Call to 1 DG 11/03/2022 124.0 Call at $0.42 Credit
Rolled 1 DG 10/27/2023 121.0 Call to 1 DG 11/03/2022 125.0 Call at $0.57 Credit
Bought a tiny bit of all these below previous lows:
WHR at $102.00 Div = 6.62%
OGN at $15.00 Div = 7.32%
MS at $71.00 Div = 4.72%
UDR at $32.00 Div = 5.00%
#SP500 #FallingKnife
#SPX1dte Sold to Open $SPX Oct 27th 4065/4085-4210/4230 condors for 1.15, deltas -.05 +.06, IV 31%
Late fill
Bought 1 CMG Oct 27 2023 1,550 Put / Sold 1 CMG Oct 27 2023 1,560 Put at $0.32 Credit
The call side expired.
The Put side was just in the money so bought back the today’s 413 Put and sold tomorrow’s 405/410 Bull Put spread for a $0.06 Credit
Sold 1 ENPH Oct 27 2023 121/116 Bear Call Spread at $0.33 Credit
Sold 1 DLR Oct 27 2023 133/128 Bear Call Spread at $0.40 Credit
Sold 1 SPY October 27 2023 401/406/418/422 Condor at $0.56 Credit
#OnlySpreads
Sold to open Dec 15 20/25 bear call spread @ .92
Bought 1 CMG Oct 27 2023 2,015 Call / Sold 1 CMG Oct 27 2023 2,005 Call at $0.62 Credit
Bought 1 CMG Oct 27 2023 2,020 Call / Sold 1 CMG Oct 27 2023 2,010 Call at $0.62 Credit
Bought 1 CMG Oct 27 2023 1,600 Put / Sold 1 CMG Oct 27 2023 1,610 Put at $0.62 Credit
Bought 1 CMG Oct 27 2023 1,570 Put / Sold 1 CMG Oct 27 2023 1,580 Put at $0.42 Credit
Bought 1 INTC Oct 27 2023 25.0 Put / Sold 1 INTC Oct 27 2023 30.0 Put at $0.30 Credit
Bought a tiny bit of all these below previous lows:
WHR at $107.00 Div = 5.57%
UPS at $143.00 Div = 4.41%
CPT at $90.00 Div = 4.37%
TROW at $93.00 Div = 5.22%
#SP500 #FallingKnife
Bought 1 UVXY Nov 03 2023 26.0 Call / Sold 1 UVXY Nov 03 2023 21.0 Call at $0.71 Credit
Bought 1 UVXY Nov 03 2023 27.0 Call / Sold 1 UVXY Nov 03 2023 22.0 Call at $0.60 Credit
Bought 1 UVXY Nov 03 2023 28.0 Call / Sold 1 UVXY Nov 03 2023 23.0 Call at $0.46 Credit
#OnlySpreads
#ShortPuts – Adding another.
Sold SPY Dec 29 2023 375.0 Put @ 3.25
Bought to Close 1 IBM Oct 27 2023 128 Put at $0.01
Bought to Close 1 IBM Oct 27 2023 129 Put at $0.01
Sold 1 AMZN Oct 27 2023 101/106 Bull Put Spread at $0.32 Credit
#Earnings
Sold 1 GOOGL Nov 03 2023 113/118 Bull Put Spread at $0.56 Credit
Sold 1 DG Oct 27 2023 126/121 Bear Call Spread at $0.80 Credit
#OnlySpreads
Rolled DG 10/27/2023 114.0 Covered Calls to DG 11/03/2023 115.0 Covered Calls at $.11 Credit + a point higher strike
#CoveredCalls
#SPX1dte Sold to Open $SPX Oct 26th 4110/4090 put spreads for .75, delta -.06, IV 31.3%. Sold after GDP and Jobless data were released.
1 SPY October 25 2023 408/413/428/433 Condor sold yesterday at $0.55 Credit
Bought META Oct 27 2023 250 Put / Sold META Oct 27 2023 255 Put at $0.34 Credit
Bought DG Oct 27 2023 126 Call / Sold DG Oct 27 2023 122 Call at $0.40 Credit
#OnlySpreads
Sold 1 SPY October 26 2023 408/413/426/431 Condor at $0.53 Credit
#OnlySpreads
#ShortPuts – Adding another.
Sold SPY Dec 29 2023 380.0 Put @ 3.25
Bought to close 1 MMM 10/27/2023 94.0 Covered Call at $0.02.
Sold 1 MMM 11/03/2023 94.0 Covered Call at $0.20
Bought to close 1 TGT 10/27/2023 117.0 Covered Call at $0.05.
Sold 1 TGT 11/03/2023 117.0 Covered Call at $0.26
#CoveredCalls
After a bit of a rally:
Also Sold 1 TGT Nov 03 2023 122/117 Bear Call Spread at $.031 Credit
#OnlySpreads
Bought 1 META Oct 27 2023 255 Put /Sold 1 META Oct 27 2023 260 Put at $0.32 Credit
Bought 1 META Oct 27 2023 252.5 Put /Sold 1 META Oct 27 2023 257.5 Put at $0.30 Credit
Bought 1 GOOGL Oct 27 2023 114 Put / Sold 1 GOOGL Oct 27 2023 119 Put at $0.07 Credit
For next week
Bought 1 GOOGL Nov 03 2023 114 Put / Sold 1t GOOGL Nov 03 2023 119 Put at $0.33 Credit
#OnlySpreads
Sold 1 TNA Oct 27 2023 21.5 Put at $0.14
#ShortPuts – Adding one.
Sold SPY Dec 29 2023 385.0 Put @ 3.52
Bought 1 IBM Oct 27 2023 124 Put / Sold IBM Oct 27 2023 129 Put at $0.30 Credit
Bought IBM Oct 27 2023 123 Put / Sold IBM Oct 27 2023 128 Put at $0.30 Credit
Bought 1 IBM Oct 27 2023 150 Call / Sold 1 IBM Oct 27 2023 145 Call at $0.37 and $0.40 Credits
Adding to my position with a tighter spread
Bought 1 WM Oct 27 2023 165 Call/ Sold 1 WM Oct 27 2023 162.5 Call at $0.80 Credit
For next week
Bought 1 WM Nov 03 2023 170 Call/ Sold 1 WM Nov 03 2023 165 Call at $0.80 Credit
Bought 1 WM Nov 03 2023 172.5 Call/ Sold 1 WM Nov 03 2023 167.5 Call at $0.40 Credit
#OnlySpreads
Bought to close 1 GOOGL Oct 27 2023 148 Call at $0.01
Bought to close 1 GOOGL Oct 27 2023 149 Call at $0.01
Adding to my position
Bought 1 MSFT Oct 27 2023 360 Call/ Sold 1 MSFT Oct 27 2023 355 Call at $0.30 Credit
#SPX1dte Sold to Open $SPX Oct 25th 4160/4180-4310/4330 condors for 1.20, deltas -.06 +.06, IV 19.5%
Bought to close 1 VZ Oct 27 2023 29.5 Put at $0.01.