Recent Updates Page 11
Econ Calendar 10/27 – 10/31
For next week
Sold 1 BAX 10/31/2025 26.0 Covered Call at $0.20
Sold 1 BAX 10/31/2025 20.0 Put at $0.15
Sold 1 CMCSA 10/31/2025 26.0 Put at $0.09
OptionsExpiration
GLD 353/358 Bull Put Spread
GLD 366/370 Bull Put Spreads
GLD 367/372 Bull Put Spreads
SOXL 28.5/32 Bull Put Spread
KVUE 17.0 Covered Call
SPCE 5.0 Covered Calls
DOW 18.5 Puts
DOW 19.0 Put
F 11.0 Put
INTC 29.5 Put
KVUE 13.5 Puts
LUV 24.0 Put
T 24.0 Put
T 24.5 Puts
Expiration
#optionsexpiration
$RGTI 50 call
$MARA 24 call
$AMD 260 call
$BMNR 61 call
$SOXL 47
$RIOT 24 call
$CLSK 25 call
$NVDA 195 call
$GOOGL 272 call
$AMZN 227.5 call
$COIN 380 call
$PLTR 195 call
SPY
SPY experiment continues. Same setup as SPX.
Expiring:
SPY Oct 24 2025 670.0 Puts (sold for 5.20)
And:
Sold SPY Oct 27 2025 673.0 Puts @ .80
SPX
Been rolling these for awhile. I’ll go ahead and book ’em and reset.
Bought to Close SPX Oct 24 2025 6675.0 Puts @ .20 (sold for 31.90)
Bought to Close SPX Oct 24 2025 6700.0 Puts @ .30 (sold for 37.15)
Bought to Close SPX Oct 24 2025 6725.0 Put @ .35 (sold for 123.55)
Sold SPX Oct 27 2025 6725.0 Puts @ 5.20
Sold SPX Oct 27 2025 6750.0 Puts @ 7.30
Saving grace
#SPX0dte Sold 6770/6800-6805/6830 condors for 9.95, BTC for 6.50. That took my small loss for the week and made it a small gain. Short trade wins after all. Downside Warning was canceled yesterday which hopefully means a period of calm. I think these last five weeks where I have struggled and abstained started right after a calm period ended and a wild one began. The wild swings began 14 trading days before the China tweet that dumped the $SPX. It’s like the market knew it was coming. And nine days after that VIX is back down and I get a calm Friday afternoon to save the week.
That said, I’m not going back to business as usual. Still going to be cautious.
SPX
I’ll take it for a little one day scalp. Big day tomorrow if 6700 and 6725 hold….
Bought to Close SPX Oct 24 2025 6530.0 Put @ .60 (sold for 7.50)
SPX
Back to unchanged on the week. Selling the bottom of the expected move.
Sold SPX Oct 24 2025 6530.0 Put @ 7.50
SPX 0-dte trades for 10/22/25
#SPX0dte Sold to open $SPX Oct 22nd 6650/6670-6790/6810 condors for 1.05, IV 19.36%, deltas -.06 +.05
TQQQ,
STO October 31, $95 puts at .96
TQQQ,
FWIW, I was assigned the stock at 104.25 over the weekend and on Monday I sold them at 108.09 and now am in cash.
SPX
Rolling half.
Rolled SPX Oct 24 2025 6675.0 Puts to Oct 24 2025 6700.0 Puts @ 5.25 credit (37.15 total now)
SPY
Maintenance on the rentals and raising rent. 🙂 🙂
Rolled SPY Dec 2027 650/650/690 to Dec 2027 660/660/700 @ 4.05 debit
Rolled SPY Oct 24 2025 665.0 Puts to Oct 24 2025 670.0 Puts @ 1.05 credit (5.20 total now)
Expiration
#optionsexpiration #coveredcalls #syntheticcoveredcalls
$RGTI 65 call
$NNE 61 call
$SMCI 62 call
$TSLA 452.50 call
$CIFR 23call
$BMNR 62 call
$SOXL 45 and 44 call
$BITX 59 call
$SMR 60 call
$META 750 call
$NVDA 200 call
$GOOGL 255 call
$AMZN 230 call
$MRVL 96 call
$MSFT 527.50 call
$PLTR 170 put
$CRWV 136 put
#assignment
$QBTS 39 put
SPX SPY
Taking over half a month early.
Bought to Close SPY Nov 21 2025 605.0 Put @ 2.17 (sold for 4.95)
Bought to Close SPX Nov 21 2025 6100.0 Put @ 24.50 (sold for 51.00)
Earnings 10/20 – 10/24
Econ Calendar 10/20 – 10/24
SPY
Using the morning “bounce” to roll to next Friday.
Rolled SPY Oct 20 2025 668.0 Puts to Oct 24 2025 665.0 Puts @ .75 credit (4.15 total now)
SPX
Using the morning “bounce” to roll everything to next Friday. A few weeks or longer of rolling down isn’t a bad thing. LEAPS aren’t losing and still bringing in credit and resetting short puts lower. This strategy can handle a little backwardation but the rolls get tougher if backwardation steepens to levels it was at back in April.
And…..2029 is a long way off! LOL
Rolled SPX Oct 17 2025 6715.0 Puts to Oct 24 2025 6675.0 Puts @ 3.00 credit (27.70 total now)
Rolled SPX Oct 20 2025 6700.0 Puts to Oct 24 2025 6675.0 Puts @ 10.00 credit (36.20 total now)
META AMZN
#kickthecan
#rolling
SOLD VERT ROLL AMZN from 17 OCT 2025/to 31 OCT 2025/ 215/210/215/210 PUT @.60
SOLD VERT ROLL META from 17 OCT 2025/to 31 OCT 2025/ 710/705/710/705 PUT @.57
SPX
Going out to Nov and selling the 200 day.
Sold SPX Nov 21 2025 6100.0 Put @ 51.00
SPY
Starter at the 200 day (again):
Sold SPY Nov 21 2025 605.0 Put @ 4.95
New VIX high…
Exceeded Tuesday’s high by more than 3.00… is this crashout Thursday?
Day 12 out of 14
#SPX0dte Another day, another EM breach. Got some profit on a long put spread, bought for .35 at the open, legged out for 1.875.
SPY
Rolled SPY Oct 17 2025 669.0 Puts to Oct 20 2025 668.0 Puts @ .40 credit (3.40 total now)
SPX
A few adjustments.
Rolling half:
Rolled SPX Oct 17 2025 6715.0 Puts to Oct 20 2025 6700.0 Puts @ 1.50 credit (26.20 total now)
And:
Rolled SPX Oct 17 2025 6750.0 Put to Oct 24 2025 6725.0 Put @ 11.00 credit (123.45 total now)
GOOG
#earlyclose
#releasecapital
BTC VERTICAL GOOG 17 OCT 2025 240/235 PUT @.05
VXX Up
as is SPY and GLD (big time)
What could possibly go wrong!
ETHU
#rolling
SOLD VERT ROLL ETHU, from 17 OCT 25/to 21 NOV 2025/ 95/90/95/90 PUT @1.45
Swings continue
Today is the 11th day out of 13 with an EM breach of the 6-delta condor. I am trying cheap long spreads, puts and calls. Yesterday had a small win on the call side which broke me even. Will happen again today if we go higher. Certainly need to continue my moratorium on short spreads.
SPX SPY
Taking these on the bounce.
Bought to Close SPX Oct 17 2025 6350.0 Put @ 1.50 (sold for 11.00)
Bought to Close SPY Nov 21 2025 605.0 Put @ 2.53 (sold for 4.27)
SPX SPY
Sold SPX Oct 17 2025 6350.0 Put @ 11.00
Sold SPY Nov 21 2025 605.0 Put @ 4.27
SPY
I’ll take it. Baby TACO.
Bought to Close SPY Nov 21 2025 600.0 Put @ 2.39 (sold yesterday for 4.35)
SPX
Yummy!
Bought to Close SPX Oct 13 2025 6600.0 Put @ .60 (sold for 34.10)
SPX
Out and down to Friday.
Rolled SPX Oct 13 2025 6725.0 Puts to Oct 17 2025 6715.0 Puts @ 2.00 credit (23.50 total now)
Rolled SPX Oct 13 2025 6730.0 Puts to Oct 17 2025 6715.0 Puts @ 1.00 credit (25.20 total now)
PLTR Put
#shortputs
$PLTR STO 10/17/2025 170.00 P @ $2.28
Earnings 10/13 – 10/17
Econ Calendar 10/13 – 10/17
Expiration
#optionsexpiration #syntheticcoveredcalls #coveredcalls
$AMZN 232.5 call
$MSFT 540 call
$COIN 15 call
$MRVL 95 call
$RIOT 24 call
$GOOGL 260 call
$PLTR 190 call
$TSLA 470 call
$BMNR 70 call
$SMCI 56 call
$NNE 65 call
#calledaway
$SRPT 21.5 call called away
AS sometimes happens selling the position instead of these calls would have been prescient.
Have a nice weekend.
SPY
Also filled before the drop.
Rolled SPY Oct 10 2025 670.0 Puts to Oct 13 2025 670.0 Puts @ .90 credit (2.40 total now)
And a starter at the 200 day after the drop:
Sold SPY Nov 21 2025 600.0 Put @ 4.35
Things are getting ugly.
Things are getting ugly. 😦
SPX
Driving most of the day. These were filled with standing orders prior to the drop. Same fills as yesterday:
Rolled SPX Oct 10 2025 6725.0 Puts to Oct 13 2025 6725.0 Puts @ 8.00 credit (21.50 total now)
Rolled SPX Oct 10 2025 6730.0 Puts to Oct 13 2025 6730.0 Puts @ 9.00 credit (24.20 total now)
Pulled over and added this one first chance I got:
Sold SPX Oct 13 2025 6600.0 Put @ 34.10
And finally…leaving the lid on with this one:
Rolled SPX Oct 10 2025 6750.0 Put to Oct 17 2025 6750.0 Put @ 3.00 credit (112.45 total now)
SPX 0-dte trades for 10/10/25
#SPX0dte Sold to Open $SPX Oct 10th 6660/6680-6780/6800 condors for 1.05, IV 16.78%, deltas -.07 +.06
SPX
Straight rolls. Love it. Standing orders filled on these:
Rolled SPX Oct 09 2025 6725.0 Puts to Oct 10 2025 6725.0 Puts @ 8.00 credit (13.50 total now)
Rolled SPX Oct 09 2025 6730.0 Puts to Oct 10 2025 6730.0 Puts @ 9.00 credit (15.20 total now)
Had to chase this to get a fill just before the close:
Rolled SPX Oct 09 2025 6750.0 Put to Oct 10 2025 6750.0 Put @ 4.00 credit (109.45 total now)
SPX 0-dte
#SPX0dte Sold to Open $SPX Oct 9th 6700/6730-6735/6760 condors for 10.60, IV 14.04%. Gotta try something.
Swingy
Day 6 out of the last 7 with an EM breach for 6-delta condor… this time, like yesterday, not much more than a touch before retracing. No trades yet today.
BE
#closeearly
#releasingmargin
BTC BE 17 OCT 2025 55/50 PUT @.05
SPY
Still messing around with a few of these. Same setup as SPX.
Bought to Close SPY Oct 08 2025 670.0 Puts @ .02 (sold for 7.10)
Sold SPY Oct 09 2025 670.0 Puts @ .60
SPX
I was going to keep tracking these as rolls until the end of the shutdown but….out on the road and just now got a chance to get today’s done. We’ll go ahead and book a few and reset.
Bought to Close SPX Oct 08 2025 6720.0 Puts @ .10 (sold for 41.70)
Bought to Close SPX Oct 08 2025 6725.0 Puts @ .10 (sold for 42.10)
One roll:
Rolled SPX Oct 08 2025 6750.0 Put to Oct 09 2025 6750.0 Put @ 10.00 credit (105.45 total now)
And:
Sold SPX Oct 09 2025 6725.0 Puts @ 5.50
Sold SPX Oct 09 2025 6730.0 Puts @ 6.20
SPX 0-dte trades for 10/8/25
#SPX0dte Sold to Open $SPX Oct 8th 6645/6665-6765/6785 condors for 1.10, IV 16.50%, deltas -.07 +.06
The overnight was mellow so the long trade from yesterday isn’t working, so I’ll either keep it for some protection on upside or close for breakeven or small loss.
SPX 1-dte
#SPX0dte Bought to Open $SPX Oct 8th 6775/6795 call spreads for .35. This same spread for Oct 7th was running about .45 before market and peaked at about 1.60 at the open. Since the market is so swingy any up move overnight should work.
SPX
Some light maintenance on the rental houses.
Rolled Jan 2029 6500 long puts up to Jan 2029 6600 long puts
Rolled Jan 2029 6500/6900 BeCS to Jan 2029 6600/7000 BeCS
Net debit for the whole thing: 30.50 per house
SPX
Early rolls. Out the rest of the day.
Rolled SPX Oct 07 2025 6715.0 Puts to Oct 08 2025 6720.0 Puts @ 5.00 credit (41.70 total now)
Rolled SPX Oct 07 2025 6715.0 Puts to Oct 08 2025 6725.0 Puts @ 5.40 credit (42.10 total now)
Rolled SPX Oct 07 2025 6750.0 Put to Oct 08 2025 6750.0 Put @ 6.25 credit (95.55 total now)
DELL
#exitearly
BTC DELL 17 OCT 2025 125/120 PUT @.05
SPX no go
#SPX0dte I’m back from 6-day hiatus and looking at futures shooting to all-time highs (25-point move in last 4 hours); there just is not a safe 0-dte selling opportunity. I’ll watch to see if anything develops.
Earnings 10/6 – 10/10
Econ Calendar 10/6 – 10/10
SPX
I wouldn’t mind some sideways to down for awhile.
Rolled SPX Oct 06 2025 6700.0 Puts to Oct 07 2025 6715.0 Puts @ 6.50 credit (36.70 total now)
Rolled SPX Oct 06 2025 6750.0 Put to Oct 07 2025 6750.0 Put @ 6.00 credit (89.30 total now)
Interesting??
For example, ETF Database lists more than 260 single stock exchange-traded funds (“ETFs”), most of them leveraged. ETF issuer Direxion alone offers 118 leveraged and inverse ETFs, many on single stocks. Forty of those funds apply three times leverage. There are even a few 4X ETFs for the most swashbuckling riverboat gamblers in the market.
Bloomberg recently reported that there are currently more than 4,300 ETFs, eclipsing the number of listed U.S. companies at roughly 4,200. ETF issuers have launched 640 new funds so far this year. There are about 16,000 ETFs, closed-end funds, and mutual funds in existence today.
There are way too many cryptocurrencies, too. According to CoinMarketCap, there are more than 22 million different crypto tokens of various types. The site actively tracks more than 39,000 tokens trading on 853 exchanges. The total market cap of all cryptos today is more than $4 trillion.
Expiration / Called Away Covered Calls
#coveredcalls #optionsexpiration #Aggravated
$NVDA 192.5
$TNA 46.5
$CRWV 146
$MRVL 87
$PLTR 190
$TSLA 485
Called away
$SMCI 50
SPX
I wouldn’t mind some sideways to down for awhile.
Rolled SPX Oct 03 2025 6675.0 Puts to Oct 06 2025 6700.0 Puts @ 5.50 credit (30.20 total now)
Rolled SPX Oct 03 2025 6730.0 Put to Oct 06 2025 6750.0 Put @ 16.75 credit (83.30 total now)
Thursday/Friday trades
Yesterday:
Sold 1 OXY 10/03/2025 43.5 Put at $0.06
Sold 1 BMY 10/03/2025 44.0 Put at $0.09
Today:
Sold out of my tiny positions in PFE at $27.50 and $27.66
Sold out of my tiny positions in ARE at $85.01 (after capturing the last dividend)
Sold 1 TZA 10/10/2025 7.5 Put at $0.14
Sold 1 KVUE 10/10/2025 15.5 Put at $0.19
2025 Volatility persists
This is probably the first full week I’ve taken off from trading in 10 years. After a quiet Monday and Tuesday, the EM on 6-delta condors was hit Wed-Fri. This seems to be the 2025 norm, whereas the 2023-2024 norm was maybe twice in 2 weeks.
I tested the 6-delta all week and had I stopped out quickly when EM hit I would have been breakeven. However, since upside EM hits are common during Upside Warning, it also seems pullbacks are common on its way up. I think by waiting for pullbacks it would eke out a profit on a week like this.
Downside, however, is different. Premium is much higher on downside EM hit, and the drop can continue in earnest. Frustrating part is, that it almost always will bounce and end the day safely. But the one day it doesn’t can be a very large loss. So I have to consider how to manage downside EM breaks. That happened on Thursday this week and it was a 2.10 payout to close when it hit, but then went much deeper…. but eventually bounced and actually ended the day with new all-time closing high.
I also tested a cheap 60-cent LONG condor… 30-cent spreads on each side, then close the winning side at or above 1.20. Obvious losses on Monday and Tuesday but wins the other three days. Total profit for the week: 95 cents. Possible solution until the market returns to less swingy status. I think days like Monday and Tuesday, after a couple hours of consolidation, can be good for some tight condors.
HOOD
#earlyclose
#freeingupcash
BTC HOOD 17 OCT 2025 100/90 PUT @.05
No jobs report tomorrow
Due to government shutdown
(in case someone hasn’t already mentioned it)
TQQQ,
STO October 17, 110 puts at 6.40
I just had to get back in.
SPX
Rolling on the dip. Collapsing the ladder for simplicity. Will continue tracking everything as rolls until the gubment shutdown ends.
Rolled SPX Oct 02 2025 6630.0 Puts to Oct 03 2025 6675.0 Puts @ 5.55 credit (23.10 total now)
Rolled SPX Oct 02 2025 6640.0 Put to Oct 03 2025 6675.0 Put @ 6.25 credit (32.25 total now)
Rolled SPX Oct 02 2025 6650.0 Put to Oct 03 2025 6675.0 Put @ 5.50 credit (26.50 total now)
Rolled SPX Oct 02 2025 6725.0 Put to Oct 03 2025 6730.0 Put @ 9.25 credit (66.55 total now)
GLD Expiration
1 GLD 10/01/2025 360/359 Bear Call Spread
SPX
Rolling….
Rolled SPX Oct 01 2025 6600.0 Put to Oct 02 2025 6630.0 Put @ 7.00 credit (12.50 total now)
Rolled SPX Oct 01 2025 6625.0 Puts to Oct 02 2025 6630.0 Puts @ 7.00 credit (21.00 total now)
Rolled SPX Oct 01 2025 6625.0 Put to Oct 02 2025 6650.0 Put @ 12.00 credit (25.15 total now)
Rolled SPX Oct 01 2025 6630.0 Put to Oct 02 2025 6650.0 Put @ 5.00 credit (21.00 total now)
Rolled SPX Oct 01 2025 6640.0 Put to Oct 02 2025 6640.0 Put @ 7.00 credit (26.00 total now)
Rolled SPX Oct 01 2025 6650.0 Put to Oct 02 2025 6650.0 Put @ 7.50 credit (29.50 total now)
And to put a cap on the stupidity:
Rolled SPX Oct 01 2025 6650.0 Put to Oct 02 2025 6725.0 Put @ 35.00 credit (57.00 total now)
And:
Sold SPX Oct 02 2025 6630.0 Put @ 8.00
SPY
#btc
Was/not/gonna/be/home
BTC SPY 30 SEP 2025 661 PUT @.05
Tuesday Spreads
Keeping the strike prices close together to lower the risk
Sold 1 PSKY 10/03/2025 22/20.5 Bear Call Spread at $0.20 Credit
Sold 1 PSKY 10/03/2025 22.5/21 Bear Call Spread at $0.14 Credit
Sold 1 GLD 10/03/2025 362/361 Bear Call Spread at $0.15 Credit
Sold 1 GLD 10/01/2025 360/359 Bear Call Spread at $.015 Credit #1DTE
Sold 1 FI 10/03/2025 124/125 Bull Put Spread at $0.17 Credit
Sold 1 CL 10/03/2025 77/78 Bull Put Spread at $0.15 Credit
#EveryLittleBitHelps
PERFECT Setup for Premium Sellers!
I’ll take a 30 day shutdown!
SPY
Rolled SPY Sep 30 2025 664.0 Puts to Oct 01 2025 664.0 Puts @ .75 credit (4.00 total now)
Options Bistro 