#SPX1dte Sold to Open $SPX Apr 25th 4050/4100-4400/4450 condors for 1.50, SPX at 4275, IV 21.35%, deltas -.05 +.04
Insufficient strikes available on the put side to go with anything less than a 50-point spread. So I went a little safer on deltas as risk is higher.
Rolled out this weeks LABU 13.0 Puts to next week for $0.16 Credit
Rolled out this weeks LABU 12.5 Put to next week for $0.24 Credit
The only rolls I had to do today.
Bought VXX Jan 19 2024 5.0 Puts at $0.40
637 Days to expiration (DTE).
I should be able to write against these a few times 🙂
Sold VXX Apr 29 2022 29.0 Calls at $0.28, $0.33, $0.34, $0.35 & $0.41
Sold VXX Apr 29 2022 29.5 Calls at $0.28 & $0.33
#OnlySpreads
up 21% today
VXX up only 5%.
Interesting futures chart
#shortputs
22 APR 2022 24 PUT @.09
#shortputs
29 APR 22 18 PUT @.16
#shortputs
STO 20 MAY 2022 19.5 PUT @.20 BATS
sto 22 APR 2022 10.5 PUT @.15 NYSE
https://cdn.cboe.com/resources/features/24x5_Trading_FAQ.pdf?fbclid=IwAR2jBTKEcgDhzH8vbJsyNkKXKUtemN5CeDq45WNh75F1UC4h4CTIiNZHvHo
24/5 days a week
#SPX1dte Bought to close $SPX Apr 22nd 4300/4280 put spreads for 3.00. Condors sold yesterday for 1.40.
Back to selling calls
Sold VXX Apr 29 2022 27.5 Calls at $0.49
Sold VXX Apr 29 2022 28.0 Calls at $0.34 & $0.35
Sold VXX Apr 29 2022 28.5 Calls at $0.38
#OnlySpreads
STO May 20, 55 call at .66
STO June 17, 65 call at .46
Quote of the day: ” Everyone Has A Plan Until They Get Punched In The Face…. And Everyone Is Being Punched In The Face”
Bought to close TQQQ Apr 22 2022 49.0 Calls at $0.01. Sold on Tuesday at $0.97 & $1.43
Bought to close TQQQ Apr 22 2022 48.5 Calls at $0.01. Sold on Tuesday at $1.17 & $1.67
Bought to close 1 TQQQ Apr 22 2022 48.0 Call at $0.01. Sold on Tuesday at $1.93
All other TQQQ Calls for this week at 49.50 up to 54.0 will be expiring.
Added a tiny bit of these:
CHTR at $512.00
CRM at $175.00
DIS at $119.00
GPS at $11.58
KMX at $90.00
SBUX at $78.00
STT at $72.00
WBD at $20.57
Started a tiny new position in A at $123.00
All new lows
#SP500 #FallingKnife
Sold calls yesterday afternoon. Switching to puts this morning for next week. This week’s puts will expire.
Sold VXX Apr 29 2022 22.0 Puts at $0.23.
Sold against some August 10 puts I bought earlier this week.
#VXXContango
$SPX options expiring Tuesdays start next week… not sure when they plan to start Thursdays but maybe someone will look it up.
#SPX1dte
BTC 6,MAY 2022 34 CALL @.36/STO 4/19 @ .77
2 DAYS AND ~50% RETURN
will wait for next up tick.
#SPX1dte Sold to Open $SPX Apr 22nd 4280/4300-4475/4495 condors for 1.40, SPX at 4398, IV 24.75%, deltas -.06 +.07
Bought to close 1 TQQQ Apr 22 2022 52.0 Call at $0.01. Sold on Tuesday at $0.47
Started a tiny new position in WBD at $21.66
Added a tiny bit of TTWO at $133.00
Added a tiny bit of PYPL at $89.00
All new lows
#SP500 #FallngKnife
Getting an early start on next week since this week’s calls look safe.
Sold VXX Apr 29 2022 28.5 Call at $0.28
Sold VXX Apr 29 2022 28.0 Calls at $0.28 & $0.31
Sold VXX Apr 29 2022 27.5 Calls at $0.35 & $0.39
Sold VXX Apr 29 2022 27.0 Calls at $0.42, $0.46 and $0.47
#ShortPuts #CoveredCalls – A couple today.
NFLX: Adding a second short call with a stop set on the first one.
Sold NFLX APR 29 2022 247.5 Call @ 2.75
XBI: Adding.
Sold XBI MAY 20 2022 81.0 Put @ 3.20
Sold XBI MAY 20 2022 81.0 Put @ 3.15
Added a tiny bit to my ETSY position at a new low of $104.00.
#SP500 #FallingKnife
Sold TNA Apr 22 2022 62.0 Calls at $0.85.
Sold TQQQ Apr 22 2022 51.0 Calls at $0.35
Expires tomorrow
Taking some nice percentage gains and getting a bit closer to cash.
Sold out of ALK at $61.07 at it’s YTD high. Bought on 12/01/2021 at $47.00
Sold my highest cost lot of DAL at 45.14 at it’s YTD high. Bought on 11/26/2021 at $35.00
Sold another lot of AAL at $21.25 (also it’s YTD high). Bought on 03/07/2022 at $14.00
Sold out of UAL at $50.94 (also it’s YTD high). Bought on 03/07/2022 at $34.00
#FormerFallingKnife
Sold my two highest cost lots. Costs have been adjusted for the ZIMV (ZIMVIE INC) spinoff on March 1st.
Sold some at $132.81 vs. a buy at $130.91 on 11/09/2021
Sold some at $134.05 vs. a buy at $127.00 on 11/16/2021.
I still have 3 more lots with the lowest cost being $112.55
#FormerFallingKnife
#ShortPuts #CoveredCalls – catching up on today.
ADBE: Taking small gain.
Bought to Close ADBE MAY 6 2022 400.0 Put @ 3.10 (sold for 4.90)
FAS: Taking small gain.
Bought to Close FAS MAY 20 2022 100.0 Put @ 2.82 (sold for 3.26)
NFLX: Covered. Taking my consolation prize.
Bought to Close NFLX APR 22 2022 340.0 Call @ .01 (sold for 16.85)
Sold NFLX MAY 20 2022 275.0 Call @ 4.60
XBI: Covered.
Bought to Close XBI APR 22 2022 91.0 Calls @ .05 (sold for 1.36)
Sold XBI MAY 13 2022 90.0 Calls @ 1.40
The craziness seems to be slowing down. Sold to open $NFLX May 20 190/180 bull put spread @ 2.05 credit, short puts 22 delta. Price got down to -4 standard deviations.
Sold VXX Apr 22 2022 22.5 Puts at $0.10
Sold VXX Apr 22 2022 22.0 Puts at $0.09
Sold against lots of long puts
#VXXContango
Added a tiny bit of NFLX at $245.00, a new 3-year low.
And this is why I stay small
NFLX is dragging down TQQQ too
Sold 1 TQQQ Apr 22 2022 51.5 Call at $0.85
Sold 1 TQQQ Apr 22 2022 52.5 Call at $0.60
Sold 1 TNA Apr 22 2022 60.0 Call at $1.73
Sold 1 TNA Apr 22 2022 61.0Call at $1.22
Sold 1 TNA Apr 22 2022 62.5 Call at $0.71
#OnlySpreads
First the good
Sold my first and highest cost lot in AAL at $19.76. Bought on 01/28/2022 at $15.00.
#FormerFallingKnife
Next, added a tiny bit of XRAY at $42.03
#SP500 #FallingKnife
Sold:
1 TQQQ Apr 22 2022 48 Call at $1.93
1 TQQQ Apr 22 2022 48.5 Call at $1.67
1 TQQQ Apr 22 2022 49 Call at $1.43
1 TQQQ Apr 22 2022 49.5 Call at $1.20
1 TQQQ Apr 22 2022 50 Call at $1.02
1 TQQQ Apr 22 2022 50.5 Call at $0.87
1 TQQQ Apr 22 2022 51 Call at $0.67
1 TQQQ Apr 22 2022 51.5 Call at $0.56
Bought TNA May 06 2022 67.0 Call at $0.74
Sold TNA Apr 22 2022 61.0 Call at $0.89 for a $0.15 Credit
Bought TNA May 06 2022 67.5 Call at $0.67
Sold TNA Apr 22 2022 61.0 Call at $0.89 for a $0.22 Credit
Bought TNA May 06 2022 67.5 Call at $0.74
Sold TNA Apr 22 2022 61.5 Call at $0.86 for a $0.12 Credit
#SPX1dte Sold to Open $%SPX Apr 20th 4355/4375-4515/4535 condors for 1.35, a few minutes after the closing bell. Closing SPX: 4463, IV 19.5%, deltas -.06 +.06
STO September 16, 80 call at 1.11
Sold TQQQ Apr 22 2022 49.5 Calls at $0.73
#OnlySpreads
First trade for VXX in this expiration month
Bought VXX Aug 19 2022 10.0 Puts at $0.10
123 Days to expiration
#VXXContango
#ShortPuts – A couple adds.
Sold TLT MAY 20 2022 119.0 Put @ 3.00
Sold XBI MAY 20 2022 82.0 Put @ 3.25
Sold LABU 04/22/2022 13.0 Diagonal Puts at $0.67 and $0.70, replacing similar puts that expired Friday.
#OnlySpreads
COIN (not an SP500 stock but one I’ve been accumulating to stay exposed to bitcoin) – Added a tiny bit at $145.00
GNRC – Started a tiny position at $250.00
CHTR – added a tiny bit at $542.72
DIS – added a tiny bit at $127.00
#FallingKnife #SP500
#ShortPuts #CoveredCalls – A few.
ARKK: Covered.
Sold ARKK MAY 20 2022 62.5 Calls @ 2.05
NFLX: Covered with earnings tomorrow.
Sold NFLX APR 22 2022 350.0 Call @ 11.75
XBI: Adding
Sold XBI MAY 20 2022 83.0 Put @ 3.30
A pretty good week where I hardly had to roll anything
EXPIRED:
LABU 16.0 Covered Calls
LABU 16.5 Covered Calls
LABU 22.5/17 Bear Call Spreads
LABU 14.0 Diagonal Put
LABU 13.5 Diagonal Put
TLRY 7.0 Covered Calls
TLRY 11/7.5 Bear Call Spreads
TNA 59.0 Diagonal Call
TNA 61.5 Diagonal Call
TNA 62.0 Diagonal Calls
TNA 62.0 Covered Call
TNA 63.0 Covered Call
TNA 64.0 Covered Call
TQQQ 50.0 Diagonal Calls
TQQQ 51.0 Diagonal Calls
TQQQ 51.5 Diagonal Calls
TQQQ 52.0 Diagonal Calls
TQQQ 52.5 Diagonal Call
TQQQ 62/53 Bear Call Spread
TQQQ 66/53 Bear Call Spread
TQQQ 67/53.0 Bear Call Spread
VXX 25.5 Diagonal Calls
VXX 26.0 Diagonal Calls
VXX 26.5 Diagonal Call
VXX 27.0 Diagonal Call
VXX 27.5 Diagonal Calls
VXX 45/28.0 Bear Call Spread
VXX 48/28.5 Bear Call Spread
VXX 48/29.5 Bear Call Spread
VXX 52/30 Bear Call Spread
VXX 12/21 Bull Put Spreads
VXX 13/21 Bull Put Spreads
btc 29 APR 2022 34.5 CALL @.28
sto @.55 yesterday/~50% gain and not wait 15 more days
will reload on next up tick.
#shortputs
sto 22 APR 2022 19 PUT @.11
#SPX1dte Sold to Open $SPX Apr 18th 4280/4300-4480/4500 condors for 1.20, SPX at 4402, IV 12.45%, deltas -.05 +.06
Expiring: Apr 14th 4350/4370-4510/4530 condors, sold yesterday for 1.20
Bought to close 1 TNA Apr 14 2022 60.0 Call at $0.01. Sold this on Monday at $0.57.
The scalp worked
STO May 27, 60 call at .80
Bought to open VXX Jan 19 2024 5.0 Puts at $0.45, adding to my position
645 Days to expiration.
I should be able to write against these a few times 🙂
#VXXContango
#CoveredCalls – Out most of the week so haven’t been doing much.
Bought to Close NFLX APR 14 2022 360.0 Call @ .05 (sold for 11.95)
Earnings next week.
It’s looking like all this week’s calls will expire so I’m starting on next week.
Sold VXX Apr 22 2022 29.0 Calls at $0.33
Sold VXX Apr 22 2022 28.5 Calls at $0.33
Sold 1 VXX Apr 22 2022 28.0 Calls at $0.38 & $0.41
Sold 1 VXXX Apr 22 2022 27.5 Call at $0.45
Sold 1 VXX Apr 22 2022 27.0 Call at $0.51
Sold 1 VXX Apr 22 2022 26.5 Call at $0.58
Bought to close TQQQ Apr 14 2022 48.5 Calls at $1.27. Sold on 04/06 on a roll at $7.36
Sold to Open TQQQ Apr 22 2022 50.5 Calls at $1.67 for a $0.40 Credit plus 2 more points on the short strike.
Bought to close TQQQ Apr 14 2022 49.0 Calls (partial position) at $0.75. Sold on 04/06 on a roll at $6.43
Sold to Open TQQQ Apr 22 2022 52.0 Calls at $0.96 for a $0.21 Credit plus 3 more points on the short strike.
Bought to close TQQQ Apr 14 2022 50.0 Calls at $0.44. Sold on 04/06 on a roll at $5.00
Sold to Open TQQQ Apr 22 2022 54.0 Calls at $0.49 for a $0.05 Credit plus 4 more points on the short strike.
STO 29 APR 2022 34.5 CALL @.55
Added a tiny bit to my FBHS stock at $70.00, and at a new low.
#SP500 #FallingKnife
#SPX1dte Sold to Open $SPX April 14th 4350/4370-4510/4530 condors for 1.20, SPX at 4447, IV 19.5%, deltas -.06 +.06. Markets closed Friday so these are Weekly options expiring Thursday.
Expiring: April 13th 4305/4325-4495/4515 condors, sold yesterday for 1.25
Bought to open KOLD Nov 18 2022 5.0 Put at $1.09
Sold to Open KOLD May 20 2022 10.0 Put at $1.86 for an initial credit of $0.77 and six months between strikes.
Short DTE = 37
Long DTE = 219
More scalps
Sold to Open TQQQ Apr 14 2022 51.5 Diagonal Calls at $0.47 and $0.53. Expires tomorrow
Sold to Open TQQQ Apr 14 2022 52.0 Diagonal Call at $0.37 Expires tomorrow
I do have plenty of long stock with profitable covered calls for tomorrow
Bought to close TQQQ Apr 14 2022 55.5 Calls at $0.01. Sold for at $4.22 om 04/05/2022
Sold to Open TQQQ Apr 14 2022 51.0 Calls at $0.53. Expires tomorrow
Late report from yesterday
Sold 1 VXX Apr 14 2022 25.5 Diagonal Call at $1.08
Add to my tiny position in LRCX at a new low of $466.00
Started tiny new positions in:
ITW at $198.78
TEL at $123.00
Both new lows.
#SP500 #FallingKnife
Out all day but got these reports
Rolled KOLD 20, 19 and 18 puts out to next month for credits of $0.25, $0.30 and $0.30.
Sold LABU Apr 14 2022 16.0 Covered calls at $0.30, 16.5 Covered Calls at $0.25, and 17.0 Diagonal calls at $0.15
Sold TLRY Apr 14 2022 7.0 Covered Calls at $0.09 and 7.5 Diagonal Calls at $0.05
BTO September 16, 185/200/205 butterfly at 3.15, GLD is in an uptrend.
BTO June 17, 50/40/35 put butterfly @ 2.50 so, if we are in a bear market this should be profitable.
22 APR 2022 35 CALL @.29 /STO 1.08
closing early because in 10 days Mr. market may go up.
Sold 1 TNA Apr 14 2022 60 Call at $0.57
Sold 1 TNA Apr 14 2022 59 Call at $0.92
#ShortPuts – Adding.
Sold TLT MAY 20 2022 121.0 Put @ 3.20
#CoveredCalls – Reloading.
Bought to Close XBI APR 14 2022 95.0 Calls @ .08 (sold for 2.15)
Sold XBI APR 22 2022 91.0 Calls @ 1.36
we’ll start to see the Q1 earnings season get going, with releases from a number of US financials, among others. They include JPMorgan Chase and BlackRock (both on Wednesday), ahead of reports from Citigroup, Morgan Stanley, Goldman Sachs and Wells Fargo (on Thursday). But overall, it’s still a fairly quiet on the earnings front with just 15 companies in the S&P 500 reporting, and it’ll only really ramp up the following week with 68 of the index reporting, and then 181 in the week after that.
#SPX1dte Bought to close $SPX Apr 11th 4415/4395 put spreads for 1.75. Condors sold for 1.65 on Friday.
#ShortPuts -Reducing position size on this one.
Bought to Close FAS MAY 20 2022 90.0 Put @ 3.35 (sold for 4.25)
Bought to Close FAS MAY 20 2022 95.0 Put @ 4.40 (sold for 3.20)
#ShortPuts – Adding.
Sold XBI MAY 20 2022 85.0 Put @ 3.40
Sold XBI MAY 20 2022 84.0 Put @ 3.40
Sold 1 LABU Apr 14 2022 14.0 Put at $0.60, replacing the short 15.0 put that expired Friday
First the good
Sold my HRL at $53.16, at a new 3-year high. Bought on 09/07/2021 at 42.50.
#FormerFallingKnife
Added a tiny bit to PENN at 35.92
#SP500 #FallingKnife
Options Bistro 