#rolling
#SOXL
rolled /2 SEP 22/26 AUG 2022 20 PUT @.47 credit
ROLLED/ 2 SEP 22/26 AUG 2022 20.5 PUT @.41 CREDIT
Recent Updates Page 107
GOOGL Put Roll
#shortputs
$GOOGL BTC 8/26 117 put and STO 9/2 116 put at .10 added credit and $1 less if assigned
SPX trades
#SPX1dte One of these days I’m gonna pick the RIGHT day to go long. Today wasn’t it. So I’m selling a 1-hour-50-minute condor to recoup some loss: Sold to Open $SPX Aug 24th 4100/4120-4165/4185 condors for .90, with SPX at 4139.
#smallbuy #ZIM BOT ZIM @49.32…
SPX 1-dte
#SPX1dte Such a quiet day after two stormy ones… I decided to go LONG on tomorrow’s as I can’t imagine two days like this in a row.
Bought to open $SPX Aug 24th 4030/4050-4200/4220 condors for 1.25. Deltas -.05 +.05
Expired: Aug 23rd 4040/4060-4210/4230 condors, sold yesterday for 1.30
MSFT,
IN my IRA, STO October 21, 240 put at 2.75
NVDA TLT
#CoveredCalls – A few.
NVDA: A possibly too aggressive roll down for earnings.
Rolled NVDA AUG 26 2022 182.5 Calls to AUG 26 2022 170.0 Calls @ 4.75 credit (10.95 total now)
Rolled NVDA AUG 26 2022 185.0 Calls to AUG 26 2022 170.0 Calls @ 5.35 credit (11.45 total now)
TLT: Covered.
Bought to Close TLT AUG 26 2022 116.5 Calls @ .09 (sold for .63)
Sold TLT SEP 16 2022 116.0 Calls @ 1.09 and 1.12
SPX,
STO 4080/4100-4180/4200 iron condor for expiration today at 1.50
Upside Warning canceled
#VIXindicator If $VIX closes at 24.45 or higher it will be Downside Warning.
SPX trades
#SPX5dte Bought to open $SPX Aug 26th 4135/4155-4165/4185 condors for 17.75, SPX at 4143.
Will add 1-dte trade to comments when I sell in a couple hours.
TSLA
#ShortPuts – Sold TSLA SEP 16 2022 675.0 Put @ 3.75
Adjusting TTD
With the stock at 62.92 resetting strikes, rolling Sep 16 $TTD 75/65 inverted strangle to Sep 16 60/67 strangle @ 10.48 debit.
Previous trades:
Original (8/9): STO 45/65 strangle as an earnings trade @ 4.11
8/10: Rolled 45 puts up to 65 @ 3.20 credit
8/11: Rolled 65 puts up to 75 @ 3.70 credit
8/16: Added 80/85 bear call spread @ 1.21 credit
#tiny buy BOT NSpC @24.99…
#tiny buy
BOT NSpC @24.99
div 9%
——-
BOT DJIA @23.31
div 7.83%
SPX stopped – Upside Warning ending?
#SPX1dte Bought to close $SPX Aug 22nd 4150/4130 put spreads for 3.40. Condors sold for 1.45 on Friday.
#VIXindicator Thus far the $SPX peaked at 4325 on the 16th, a 4.3% rise from the start of the Upside Warning on the 5th. It would take an intraday $VIX peak of 24.45 today to cancel the UpW.
#small buy Bot ryld @…
#small buy
Bot ryld @ 21.16
div 11.82%
—–
Bot twopa
div 8.61%
RTX Call Roll / GOOGL Put Roll
#coveredcalls
$RTX BTC 8/19 96 call at .02 and STO 8/26 94 call at .92
#shortputs
$GOOGL BTC 8/19 118.5 put at 1.32 and STO 8/26 117 put at 1.65. Added credit of .33 and $1.50 less if assigned
SPX trades
XOP,
Since Buffett likes OXY, he must like oil so,
STO October 21, 100 put at 1.03 with the ETF trading at $142
SMH,
STO November 18, 200 put at 5.05
NVDA TQQQ
#ShortPuts #CoveredCalls #CoveredStraddles – A few today.
NVDA: Setting up covered straddles. More calls than puts. Earnings next week so this should be interesting. 🙂 🙂
Rolled NVDA AUG 19 2022 185.0 Put to AUG 26 2022 182.5 Put @ 2.25 credit (6.60 total now)
Rolled NVDA AUG 19 2022 185.0 Put to AUG 26 2022 185.0 Put @ 3.80 credit (9.10 total now)
TQQQ: Doing their job putting a stop to the rally and getting calls back in play.
Rolled TQQQ AUG 19 2022 38.0 Puts to AUG 26 2022 38.0 Puts @ .46 credit (2.28 total now)
Rolled TQQQ AUG 19 2022 39.0 Puts to AUG 26 2022 39.0 Puts @ .25 credit (2.50 total now)
Rolled TQQQ AUG 19 2022 40.0 Puts to AUG 26 2022 40.0 Puts @ .15 credit (3.00 total now)
Rolled TQQQ AUG 19 2022 41.0 Puts to AUG 26 2022 41.0 Puts @ .07 credit (3.64 total now)
SPY
#ShortPuts – Got my full Friday ladder established again.
Sold SPY SEP 30 2022 405.0 Put @ 5.13
SPX 1-dte
#SPX1dte Thursday’s condor expired, sold Wednesday for 1.20.
No trade for Friday as I’m vacationing in Vancouver BC at the moment. It was over 95 degrees here today!
RBLX Put Roll
$RBLX Put Roll
#shortputs
$RBLX BTC 8/19 47 put and STO 8/26 45.5 put at additional credit of .05 and $1.5 less if assigned.
TLT
#CoveredCalls – Another round.
Bought to Close TLT AUG 19 2022 117.0 Calls @ .05 (sold for 1.30)
Sold TLT AUG 26 2022 116.5 Calls @ .63
SMH,
STO September 30, 220 put at 3.70
SPX Iron Condor,
I am going to try it again.
STO August 19, 4200/4220 and STO 4320/4340 iron condor for 1.50, these expire on the open tomorrow.
JKS Put Roll
#shortputs
$JKS BTC 8/19 65 put and STO 8/26 60 put at additional credit of 1.18 and $5 less if assigned. Thank you @jsd for the idea
ARKK SPY
#CoveredCalls #JadeLizards – A couple.
ARKK: Covered.
Bought to Close ARKK AUG 19 2022 52.0 Calls @ .04 (sold for 1.15)
Sold ARKK SEP 16 2022 52.0 Calls @ 1.40
SPY: Clean up of Jade Lizard scraps.
Bought to Close SPY AUG 19 2022 385.0/390.0 Bear Call Spread @ 5.00 (sold for 5.70)
#shortputs #soxl sto 19 AUG…
#shortputs
#soxl
sto 19 AUG 2022 17 PUT @.06
SPX1dte
#SPX1dte Sold to Open $SPX Aug 18th 4180/4200-4345/4365 condors for 1.20, SPX at 4276, IV 19.8%, deltas -.06 +.06
#smallbuy BOT CRF @9.99 div…
ISRG SPY TQQQ
#ShortPuts #CoveredCalls – A few today.
ISRG: Back into it again.
Sold ISRG SEP 16 2022 210.0 Put @ 3.00
SPY: Rolling covered and adding new put sales.
Rolled SPY AUG 19 2022 385.0 Calls to SEP 16 2022 387.0 Calls @ .25 debit (3.50 total now)
Rolled SPY AUG 19 2022 385.0 Calls to SEP 16 2022 387.0 Calls @ .25 debit (12.65 total now)
Rolled SPY AUG 19 2022 387.0 Call to SEP 16 2022 389.0 Call @ .20 debit (5.30 total now)
Sold SPY SEP 2 2022 420.0 Put @ 4.00
Sold SPY SEP 9 2022 415.0 Puts @ 3.75
Sold SPY SEP 23 2022 410.0 Put @ 5.25
TQQQ: Covered rolling.
Rolled TQQQ AUG 19 2022 33.0 Calls to SEP 16 2022 35.0 Calls @ even
SPX stopped
#SPX1dte Bought to close $SPX Aug 17th 4230/4210 put spreads for 2.00. Condors sold yesterday for 1.20.
SMH,
STO September 2, 220 put at 1.82 for a small trade.
#DLNGpB small buy BOT DLNGpB…
#DLNGpB
small buy
BOT DLNGpB @25.00
div 8.75%
#rolling #SOXL 26 AUG 2022/19…
SPX 1-dte
#SPX1dte Sold to Open $SPX Aug 17th 4210/4230-4360/4380 condors for 1.20, SPX at 4306, IV 17.9%, deltas -.06 +.06
Expiring: Aug 16th 4215/4235-4350/4370 condors, sold yesterday for 1.60.
Adding a TTD position
Sold $TTD Sep 20 80/85 bear call spread @ 1.21 with the stock around 73.40. Looks like it’s exhausted its post-earnings move up so I’m bringing premium against my inverted strangle (75/65).
NVDA SPY
#ShortPuts #CoveredCalls – A few.
NVDA: A short dip this morning to get some covered rolls done. Earnings next week.
Rolled NVDA AUG 19 2022 177.5 Calls to AUG 26 2022 182.5 Calls @ even (6.20 total now)
Rolled NVDA AUG 19 2022 180.0 Calls to AUG 26 2022 185.0 Calls @ .35 credit (6.10 total now)
SPY: Small add hoping it takes some heat.
Sold SPY SEP 16 2022 415.0 Put @ 5.00
#shortputs #spy BTC +1 SPY…
#shortputs
#spy
BTC SPY 19 AUG 22 397.5 PUT @.05 /sto 3.51
SPX 1-dte
#SPX1dte Sold to Open $SPX Aug 16th 4215/4235-4350/4370 condors for 1.60, SPX at 4298, deltas -.07 +.08, IV 17.4%
RTX,
STO September 16, 90 put at .83
SPX stopped
#SPX1dte Bought to close $SPX Aug 15th 4310/4330 call spreads for 1.25. Condors sold for .95 this morning.
Selling these in the morning definitely more difficult now, so I can’t be forgetting like I did on Friday. Had I sold then, my short call strike would have probably been 4340.
SPX 5-dte
#SPX5dte Sold to close $SPX Aug 17th 4260/4240 put spreads for 7.50. I’m sensing we will again test the 4280 level (or higher) so selling the put side now. Condors bought for 16.40 on Friday.
MSFT,
STO September 16, 260 put at 1.33, just small trades to keep involved.
SPY
#ShortPuts – Selling inside the expected move but down closer to the 50 day. Seeing if we can get something going in Sep.
Sold SPY SEP 16 2022 410.0 Put @ 4.60
TSLA
#ShortPuts – Bought to Close TSLA AUG 19 2022 750.0 Put @ .27 (sold for 5.05)
SPX 1-dte
#SPX1dte Sold to Open $SPX Aug 15th 4175/4195-4310/4330 condors for .95, deltas -.06 +.05
#dividends small buys BOT GECCM…
#dividends
small buys
BOT GECCM @24.95 /div 6.76 % quarterly payer
BOT RIV @15.12 /div 13.47% monthly payer
BOT DJIA @23.44 /div 10.40 % monthly payer
% number is annually
ADBE ISRG
#JadeLizards – Cleaning up a couple of these a week early.
Bought to Close ADBE AUG 19 2022 380/390/395 Jade Lizard @ 5.08 (sold for 10.00)
Bought to Close ISRG AUG 19 2022 215/215/220 Jade Lizard @ 5.10 (sold for 9.20)
SPX trades
#SPX5dte Bought to Open $SPX Aug 17th 4240/4260-4270/4290 condors for 16.40, SPX at 4265.
SPX stopped
#SPX1dte Bought to close $SPX Aug 12th 4275/4295 call spreads for 1.40. Condors sold for 1.20 this morning.
NVDA SPY TQQQ
#ShortPuts #CoveredCalls – A few today.
NVDA: Covered rolling and add prior to earnings week.
Rolled NVDA AUG 12 2022 175.0 Calls to AUG 19 2022 177.5 Calls @ .65 debit (6.30 total now)
Rolled NVDA AUG 12 2022 177.5 Calls to AUG 19 2022 180.0 Calls @ .05 credit (5.80 total now)
Sold NVDA AUG 19 2022 185.0 Put @ 4.35
SPY: Taking well over 90 percent a week early.
Bought to Close SPY AUG 19 2022 397.5 Put @ .11 (sold for 3.50)
Bought to Close SPY AUG 19 2022 397.5 Put @ .12 (sold for 3.40)
Bought to Close SPY AUG 19 2022 400.0 Put @ .14 (sold for 4.00)
Bought to Close SPY AUG 19 2022 405.0 Put @ .23 (sold for 4.00)
Bought to Close SPY AUG 19 2022 407.5 Put @ .31 (sold for 4.30)
Bought to Close SPY AUG 19 2022 407.5 Put @ .31 (sold for 4.75)
Bought to Close SPY AUG 19 2022 410.0 Put @ .45 (sold for 5.00)
TQQQ: A few more closing and opening.
Bought to Close TQQQ AUG 12 2022 36.0 Puts @ .05 (sold for 1.53)
Bought to Close TQQQ AUG 12 2022 37.0 Put @ .05 (sold for 2.35)
Sold TQQQ AUG 19 2022 38.0 Puts @ 1.82
And finally:
I dare you to sell off. LOL
Sold TQQQ SEP 16 2022 50.0/40.0 Bull Put Spreads @ 8.20
SPY Put Close / RBLX Put / PFE Covered call
#shortputs
$SPY BTC 8/19 397.5 put at .15. STO at 2.72. Thank you @fuzzballl
$RBLX STO 8/19 47 put at 1.29. Thank you for the alert @jsd501
#coveredcalls
$PFE STO 8/19 50.50 call at .35
SPX 1-dte
#SPX1dte In pre-market, sold to open $SPX Aug 12th 4145/4165-4275/4295 condors for 1.20, IV 27.5%, deltas -.06 +.06
Ability to create new posts.
Hi Jeff,
Somehow I lost ability to create new posts or reply directly in the optionsbistro.com.
Was working fine 2 days ago.
Checked login, cleared cache, etc…, but nothing helps.
This post is done from the WordPress account.
Can you please check if there are any issues with my username?
Thank you,
Mike
SPX 1-dte
Did not return from errands in time so I will place a same-day trade in the morning before the open.
TQQQ
#ShortPuts – A few today. Wouldn’t mind a pullback so selling aggressively next week on first part of the ladder.
Bought to Close TQQQ AUG 12 2022 34.0 Puts @ .05 (sold for 1.20)
Bought to Close TQQQ AUG 12 2022 34.5 Puts @ .05 (sold for 1.41)
Bought to Close TQQQ AUG 12 2022 35.0 Puts @ .08 (sold for 1,62)
Sold TQQQ AUG 19 2022 39.0 Puts @ 2.25
Sold TQQQ AUG 19 2022 40.0 Puts @ 2.85
Sold TQQQ AUG 19 2022 41.0 Puts @ 3.57
RBLX,
STO August 19, 49 put at 1.30
DVN,
STO August 19, 62 put at 1.35
SPX stopped
#SPX1dte Bought to close $SPX Aug 11th 4270/4290 call spreads for 1.90. Condors sold yesterday for 1.20. Looks like Upside Warning coming through this time.
SPX 1-dte
#SPX1dte After the closing bell, sold to open $SPX Aug 11th 4115/4135-4270/4290 condors for 1.20, IV 18.9%, deltas -.06 +.06
GOOGL Put / SPX Trade
#shortputs
$GOOGL STO 8/19 118.50 at 1.50
#spx1dte
BTC 8/10 $SPX 4230/4210 call side at .40. STO at .96. Put side expired. STO at .76. Frightening without @jeffcp66
TTD roll up
With the huge post-earnings move (stock up over 33%), rolled Sep 16 45 puts up to 65 puts @ 3.20 credit. Position is now a short 65 straddle, with 7.31 total credit taken in.
NVDA SPY
#ShortPuts – A few.
NVDA: I’ll do the roll down next week into earnings if needed.
Rolled NVDA AUG 12 2022 185.0 Put to NVDA AUG 19 2022 185.0 Put @ 1.30 credit (5.30 total now)
SPY: Taking these a couple days early.
Bought to Close SPY AUG 12 2022 397.5 Put @ .06 (sold for 9.70)
Bought to Close SPY AUG 12 2022 400.0 Put @ .09 (sold for 3.05)
TTD earnings strangle
Borrowing an idea from TastyTrade. Sold $TTD Sep 16 45/65 strangle @ 4.11. Earnings after the bell today.
SPX trades
#SPX1dte No trade for tomorrow as I will be traveling and don’t want to tangle with the CPI report release (inflation for July).
Expected to expire today: $SPX Aug 9th 4055/4075-4205/4225 condors, sold yesterday for 1.30
TQQQ
#ShortPuts – A few more.
Sold TQQQ AUG 12 2022 36.0 Puts @ 1.53
Sold TQQQ AUG 12 2022 37.0 Put @ 2.35
SPX trades
SPX 5-dte
#SPX5dte Sold to close HALF of my position, $SPX Aug 10th 4160/4180 call spreads for 12.00, at 7:44 PT when SPX was at 4182. Bought for 7.00 on Friday.
Planned to hold the rest for more, but then we dropped pretty sharply. Hope this isn’t another head-fake Upside Warning, but it definitely could be, given the uncertainty in the economy.
EWZ
#BullPutSpreads – Not a lot of premium in these so not really interested in owning it. Taking advantage of the bounce to get out with a little profit.
Bought to Close EWZ AUG 19 2022 33.0/30.0 Bull Put Spreads @ 1.98 (sold for 2.40)
NVDA,
STO September 16, 150 put at 3.39
NVDA
#CoveredCalls – Rolling down for additional premium. Earnings Aug 24th.
Rolled NVDA AUG 12 2022 190.0 Calls to AUG 12 2022 175.0 Calls @ 5.00 credit (6.95 total now)
Rolled NVDA AUG 12 2022 190.0 Calls to AUG 12 2022 177.5 Calls @ 3.75 credit (5.75 total now)
Upside Warning in Effect
#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. This could mean higher prices in coming days or weeks.
Here is data on last several Upside Warnings. The only one in 2022 completely failed, and overall the signal has not performed as strongly since 2020.
Mar 29, 2022: (failed) close on that day: 4631. SPX did not go higher. UpW was canceled after 6 trading days
Dec 27, 2021: close on that day: 4791. Subsequent high was 4818 on Jan 4. 6 trading days, +0.6%
Oct 18, 2021: close on that day: 4486. Subsequent high was 4743 on Nov 22. 14 trading days, +5.7%
Aug 25, 2021: close on that day: 4496. Subsequent high was 4595 on Sep 2. 6 trading days, +1.1%
Aug 13, 2021: (headfake) close on that day: 4468. Subsequent high was 4480 the next day. Canceled the day after that.
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%
SPX trades
#SPX5dte Bought to Open $SPX Aug 10th 4160/4180 call spreads for 7.00.
Since an Upside Warning looks likely to fire at today’s close, I am going short-term bullish and only buying a call spread rather than a condor. I will look to close this Monday or Tuesday on any significant rise in SPX. The inflation number for July will be released on the 10th (Wednesday), so volatility should increase on these options and hopefully boost the price as well.
Current IV on the Aug 10th SPX option chain is 18.25%
SPY TLT
#ShortPuts #CoveredStraddles – A few more.
SPY: Aggressive add. Come and get it Mr. Market.
Sold SPY AUG 19 2022 410.0 Put @ 5.00
TLT: Long covered stock at 117 strike. Selling puts to set up some covered straddles.
Sold TLT AUG 19 2022 117.0 Puts @ 2.20
Options Bistro 