#SPX1dte Using post-Fed high IV to sell some more…
Sold to Open $SPX June 27th 4020/4040 call spreads for 2.80, with SPX at 3978.
Recent Updates Page 112
FOMC
Looking for a big move here post announcement (likely 75 bps) and planning to fade whatever that move is after the dust settles. GDP report tomorrow as well which will probably be a confirmation that we’re in a recession. Or not…
VXX Puts
Back on the Put side
Sold VXX 07/29/2022 20.5 Puts at $0.14, $0.15 and $0.16
#VXXContango
#coveredcalls GOOGL STO 29 JUL…
#coveredcalls
GOOGL
STO 29 JUL 2022 112.75 CALL @.81
#spxcampaign SPX btc 29 JUL…
#spxcampaign
SPX
btc 29 JUL 2022 4125/4130 CALL @.10/sto .15
had this for like 12 plus days /tired of whip saw/little profit better then loss.
SPX 1-dte
#SPX1dte In pre-market, sold to open $SPX July 27th 3825/3845-4045/4065 condors for 1.60, IV 54.8%, deltas -.05 +.05
Went one lower than usual on the deltas due to Fed announcement. IV has spiked pretty high (was below 40% yesterday).
TNA Diagonal Call
Bought TNA 08/19/2022 47.0 Call / Sold TNA 07/29/2022 41.0 Call at $0.22 Credit for the first week
LABU
Sold LABU 07/29/2022 9.5 Diagonal Calls at $0.25
Sold LABU 07/29/2022 7.0 Diagonal Puts at $0.20
VXX Puts and Calls
Yesterday sold VXX -7/29/2022 20.0 Puts at $0.26 average.
Today, switching back to Calls.
Sold VXX 07/29/2022 24.5 Calls at $0.11
SPY
#JadeLizards – Let’s try one of these in SPY. Same thing…playing for a pullback with breakeven outside the expected move with no upside risk.
Sold SPY AUG 19 2022 370.0/385.0/390.0 Jade Lizard @ 6.20
ARE Stock
Sold my highest cost lot at $153.52. Bought at $142.66.
Keeping my other lot bought at $130.00.
#FormerFallingKnife
#rolling SOXL roll 5 AUG…
#rolling
SOXL
roll 5 AUG 22/29 JUL 2022 20.5 PUT @.20 credit
roll 5 AUG 22/29 JUL 2022 20 PUT @.23 credit
SPX 1-dte
#SPX1dte In pre-market, sold to open $SPX July 26th 3870/3890-4010/4030 condors for 1.20, IV 32.4%, deltas -.06 +.05
ADBE
#JadeLizards – Haven’t been in this one in awhile either. Playing it for a pullback also. No upside risk and breakeven outside the expected move.
Sold ADBE AUG 19 2022 360.0/390.0/395.0 Jade Lizard @ 7.60
TSLA
#JadeLizards – Haven’t been in this one in awhile. Playing it for a pullback with no upside risk.
Sold TSLA AUG 19 2022 650.0/800.0/815.0 Jade Lizard @ 15.25
SPX 1-dte
#SPX1dte In pre-market, sold to Open $SPX July 25th 3885/3905-4030/4050 condors for 1.25, IV 33%, deltas -.06 +.06
#optionsexpiration spy 389 put July…
#optionsexpiration
spy 389 put July 22.2022 sto@1.52
#assignment
112.75 googl put July 22.2022/sto@1.55
OptionsExpiration
Rolled up any in-the-money Calls in LABU, TNA and TQQQ this morning. Was a bit too hasty.
Rolled down my in-the-money SLV puts and did better.
The rest is a pretty short list this week.
== Expired ==
LABU 11/10 Bear Call Spreads
LABU 10.5/9 Bear Call Spreads
LABU 3/7 Bull Put Spreads
SLV 17.0 Diagonal Puts
TNA 40.5 Diagonal Calls
TNA 40.0 Diagonal Calls
TNA 39.5 Diagonal Calls
TNA 39.0 Diagonal Calls
TQQQ 31.0 Diagonal Calls
TQQQ 30.5 Diagonal Calls
VXX 32/26 Bear Call Spreads
VXX 21.0 Diagonal Puts — #VXXContango
VXX 20.5 Diagonal Puts — #VXXContango
VZ Stock
Added to my VZ position at $44.36. Div = 5.37%
#FallingKnife #SP500
SPX stopped
#SPX1dte Bought to close $SPX July 3925/3905 put spreads for 2.25. Condors sold for 1.25 this morning.
After a 10-dollar week last week, pretty disappointing this round with three losses and three wins, amounting to a 40-cent loss for the week.
SPY
#ShortPuts – Rolls up for extra premium. Might help to get calls back in play a little.
Rolled SPY AUG 5 2022 377.5 Put to AUG 5 2022 387.5 Put @ 1.60 credit (11.15 total now)
Rolled SPY AUG 12 2022 375.0 Put to AUG 12 2022 385.0 Put @ 1.70 credit (8.10 total now)
SPX 5-dte
#SPX5dte Sold to close HALF of my July 22nd 3915/3895 put spreads for .50. Seeing if we might go lower for second half. This long condor already closed for profit on call side so just adding a few extra pennies.
QQQ Stock
Sold my oldest and highest cost lot at $307.62 (near the 1-month high). Bought on 6/13 at $279.66.
#FormerFallingKnife
NVDA
#CoveredCalls – Rolling up and out a week.
Rolled NVDA JUL 22 2022 172.5 Calls to JUL 29 2022 177.5 Calls @ .10 credit
ISRG
#JadeLizards – Legged in.
Sold ISRG AUG 19 2022 195.0/215.0/220.0 Jade Lizard @ 7.00
SPX 1-dte
#SPX1dte In pre-market, sold to open $SPX July 22nd 3905/3925-4050/4070 condors for 1.20, IV 33.5%, deltas -.06 +.06
SPX trades
#shortputs SPY STO 22 JUL…
#shortputs
SPY
STO 22 JUL 2022 389 PUT @1.52
#shortputs googl sto 22 JUL…
#shortputs
googl
sto 22 JUL 2022 112.75 PUT @1.55
SLV Puts
Sold SLV 07.22.2022 17.0 Puts at $0.11
Replacing similar puts that expired last Friday.
#DoubleDip
NDAQ Stock
Sold out of my tiny position in NDAQ at $170.18, near a 3-month high.
Bought on 05/02/2022 at $155.00
#FormerFallingKnife
SPX 1-dte
#SPX1dte In pre-market, sold to open $SPX July 21st 3875/3895-4035/4055 condors for 1.35, IV 38.3, deltas -.06 +.05
NEM Stock
Bought a tiny bit of NEM at $52.42, at a new low. Div = 4.03%
#SP500 #FallingKnife
KOLD Diagonal Put
Bought to open 1 KOLD Nov 18 2022 9.0 Put / Sold to Open 1 KOLD Aug 19 2022 14.0 Put at $0.20 Credit
Long DTE = 121
Short DTE = 30
TNA TQQQ Diagonal Calls
Bought TNA Aug 12 2022 47.0 Calls / Sold TNA Jul 22 2022 40.5 Calls at $0.02 Credit for the first week
Bought TQQQ Aug 12 2022 37.0 Calls / Sold TNA Jul 22 2022 30.5 Calls at $0.02 Credit for the first week
VXX Diagonal Puts
Bought to open VXX Jan 20 2023 8.0 Puts at $0.09
Sold to Open VXX Jul 22 2022 21.0 Puts at $0.11 for a $0.02 Credit for the first week.
Long DTE = 184
Short DTE = 2
#VXXContango
SPY
#CoveredCalls #ShortPuts – A few today. Re-loading short puts and rolling covered calls up and out.
Closing:
Bought to Close SPY JUL 20 2022 385.0 Put @ .05 (sold for 5.70)
Bought to Close SPY JUL 20 2022 388.0 Put @ .04 (sold for 6.20)
Bought to Close SPY JUL 20 2022 388.0 Put @ .05 (sold for 5.35)
Bought to Close SPY JUL 20 2022 390.0 Put @ .05 (sold for 12.75)
Bought to Close SPY JUL 22 2022 380.0 Put @ .25 (sold for 5.20)
Bought to Close SPY JUL 22 2022 382.0 Put @ .36 (sold for 4.20)
Opening:
Sold SPY JUL 29 2022 385.0 Put @ 2.85
Sold SPY JUL 29 2022 387.5 Put @ 3.80
Sold SPY JUL 29 2022 387.5 Put @ 4.51
Sold SPY JUL 29 2022 390.0 Put @ 4.55
Sold SPY JUL 29 2022 392.5 Put @ 4.80
Sold SPY JUL 29 2022 395.0 Put @ 5.95
Rolling Covered Calls up and out:
Rolled SPY JUL 20 2022 380.0 Calls to JUL 29 2022 383.0 Calls @ .30 credit (12.75 total now)
Rolled SPY JUL 20 2022 380.0 Calls to JUL 29 2022 383.0 Calls @ .30 credit (3.55 total now)
Rolled SPY JUL 20 2022 382.0 Call to JUL 29 2022 385.0 Call @ .80 credit (3.10 total now)
Rolling Put up for additional credit:
Rolled SPY JUL 29 2022 375.0 Put to SPY JUL 29 2022 382.5 Put @ 1.15 credit (5.85 total now)
LABU Diagonal Calls
Bought LABU Aug 19 2022 15.0 Calls / Sold LABU Jul 22 2022 10.0 Calls at $0.15 Credit for the first week.
TNA Diagonal Calls
Bought TNA Aug 12 2022 47.0 Calls / Sold TNA Jul 22 2022 40.0 Calls at $0.02 Credit
SPX 1-dte
#SPX1dte Sold to Open $SPX July 20th 3840/3860-4000/4020 condors for 1.35, IV 38.9%, deltas -.06 +.06
BKNG VRSN Stocks
Sold out of my BKNG at $1,838.42. Bought on 6/30 at $1,752.63.
My 4th successful round trip of this one.
Sold out of my VRSN at $182.30 (Near it’s 1-month high). Bought on 5/02 at $178.15
Neither pay a dividend
#FormerFallingKnife
TQQQ TNA LABU
Sold TQQQ Jul 22 2022 30.0 Call at $0.36
Sold TNA Jul 22 2022 39.0 Calls at $0.41 and $0.61
Sold TNA Jul 22 2022 39.5 Calls at $0.51
Sold LABU Jul 22 2022 7.0 Puts at $0.15
SPX 5-dte
#SPX5dte Bought to Open $SPX July 22nd 3895/3915/3925/3945 condors for 17.45.
SPY
#ShortPuts – Roll up for additional credit.
Rolled SPY AUG 5 2022 360.0 Put to AUG 5 2022 377.5 Put @ 3.10 credit (9.55 total now)
SVXY
#ShortPuts – Taking over half a month early.
Bought to Close SVXY AUG 19 2022 48.0 Puts @ .86 (sold for 1.85)
SPX 1-dte
#SPX1dte Sold to Open $SPX July 19th 3775/3795-3920/3940 condor for 1.30, IV 35%, deltas -.07 +.05
QYLD
#shortputs
STO QYLD 100 19 AUG 2022 17.5 PUT @.20
SPX stopped
#SPX1dte Stop on put side hit in last few minutes. BTC 3820 puts for 3.70. Condors sold this morning for 1.40.
ARKK NVDA SPY TQQQ
#CoveredCalls #ShortPuts – A few today.
ARKK: Covered.
Sold ARKK AUG 19 2022 52.0 Calls @ 1.15
NVDA: Covered replacing last week’s.
Sold NVDA JUL 22 2022 172.5 Calls @ 1.10
Sold NVDA JUL 22 2022 172.5 Calls @ 1.15
SPY: Some short term rolls collecting more premium.
Rolled SPY JUL 18 2022 385.0 Put to JUL 20 2022 385.0 Put @ 1.90 credit (5.60 total now)
Rolled SPY JUL 18 2022 388.0 Put to JUL 20 2022 388.0 Put @ .95 credit (6.20 total now)
Rolled SPY JUL 18 2022 388.0 Put to JUL 20 2022 388.0 Put @ .90 credit (5.35 total now)
Rolled SPY JUL 18 2022 390.0 Put to JUL 20 2022 390.0 Put @ .45 credit (12.75 total now)
Rolled SPY JUL 18 2022 380.0 Calls to JUL 20 2022 380.0 Calls @ 1.35 credit (12.45 total now)
Rolled SPY JUL 18 2022 382.0 Call to JUL 20 2022 382.0 Call @ 1.92 credit (4.25 total now)
TQQQ: Covered
Sold TQQQ JUL 29 2022 30.5 Calls @ .70
TQQQ TNA VXX Ladders
Sold TQQQ Jul 22 2022 30.0 Calls at $0.24, $0.26 and $0.32
Sold TQQQ Jul 22 2022 29.5 Calls at $0.33 and $0.34
Sold TQQQ Jul 22 2022 29.0 Calls at $0.45 and $0.50
Sold TQQQ Jul 22 2022 28.5 Covered Calls at $0.63
Sold TQQQ Jul 22 2022 28.0 Covered Calls at $0.82
Sold TNA Jul 22 2022 39.0 Calls at $0.18 and $0.32
Sold TNA Jul 22 2022 38.5 Calls at $0.28
Sold TNA Jul 22 2022 38.0 Calls at $0.28 and $0.30
Sold TNA Jul 22 2022 37.5 Covered Call at $0.42
Sold TNA Jul 22 2022 37.0 Covered Call at $0.62
Sold VXX Jul 22 2022 20.5 Puts at $0.16
Sold VXX Jul 22 2022 21.0 Puts at $0.36
FRC BA PARA DLR Stocks
Selling off my oldest and highest cost lot of FRC at $158.17 (near it’s 1-month high). Bought in April at $155.00.
Keeping lots at $146.73 and $135.00
Sold another lot of BA at $153.61 (near it’s 1-month high). Bought on 05/12 at $127.00
#RaisingCash #FormerFallingKnife
Added some PARA at $23.69 (Div = 3.84%)
Added some DLR at $$119.78 (Div = 4.03%)
#FallingKnife
SPX 1 dte
#SPX1dte In pre-market, Sold to Open $SPX July 18th 3800/3820-3945/3965 condors for 1.40, IV 35.5%, deltas -.07 +.06
VXX Puts
Right at the close
Sold VXX Jul 22 2022 20.5 Puts at $0.14
Sold VXX Jul 22 2022 21.0 Puts at $0.33 and $0.34
#VXXContango
OptionsExpiration
== Expired ==
KOLD 30.0 Covered Call
LABU 9.5/9 Bear Call Spreads
LABU 3/7.5 Bull Put Spreads
LABU 7.0 Diagonal Puts
LABU 6.5 Diagonal Puts
SLV 7.0 Diagonal Puts
SOXL 11.5 Diagonal Puts
SOXL 11.0 Diagonal Puts
TNA 35.5 Covered Calls
TNA 35.5 Diagonal Calls
TNA 57/38 Bear Call Spread
TNA 45/37 Bear Call Spread
TNA 44/35.5 Bear Call Spread
TQQQ 27/27.5/28 Covered Calls
TQQQ 37/30 Bear Calls Spreads
TQQQ 36/28.5 Bear Calls Spreads
TQQQ 35/28 Bear Calls Spreads
VXX 40/25 Bear Calls Spreads
VXX 32/24.5 Bear Call Spreads
VXX 31/24 Bear Call Spreads
VXX 23.5 Diagonal Calls
VXX 21.0 Diagonal Puts — #VXXContango
== Assignments ==
None
VXX Puts closed
The VIX index is down 8.4% today
Bought to close VXX Jul 15 2022 21.5 Diagonal Puts at $0.01.
Sold last week at $0.34 and $0.37.
#VXXContango
TQQQ Covered Call Ladder Rolled up
Bought to close 1 TQQQ Jul 15 2022 25.0 Covered Call / Sold to Open 1 TQQQ Jul 22 2022 25.5 Call at $0.24 Credit
Bought to close TQQQ Jul 15 2022 25.5 Covered Calls / Sold to Open TQQQ Jul 22 2022 26.5 Calls at $0.13 Credit
Bought to close 1 TQQQ Jul 15 2022 26.0 Covered Call / Sold to Open 1 TQQQ Jul 22 2022 27.0 Call at $0.36 Credit
Bought to close TQQQ Jul 15 2022 26.0 Covered Calls / Sold to Open TQQQ Jul 22 2022 27.5 Calls at $0.13 Credit
Still keeping a bit of downside protection
New VXX Diagonal Puts
Bought to open VXX Jan 20 2023 10.0 Puts at $0.21
Sold to Open VXX Jul 22 2022 21.0 Puts at $0.25 for a $0.04 Credit for the first week
Long DTE = 189
Short DTE = 7
Bought to open VXX Mar 17 2023 8.0 Puts at $0.21
Sold to Open VXX Jul 22 2022 21.0 Puts at $0.26 for a $0.05 Credit for the first week
Long DTE = 245
Short DTE = 7
#shortputs Btc 15 JUL 2022…
#shortputs
Btc 15 JUL 2022 372 PUT @.05 sto 1.25
done for the day.
LABU Calls rolled up
Rolled my LABU 8.0 Covered and Diagonal Calls up to next week’s 8.5 Calls at $0.05 and $0.15 Credits
Rolled my LABU Jul 15 2022 8.5 Calls to LABU Jul 22 2022 9.0 Calls at $0.24 Credit
Hoping my LABU 9.0 Calls expire
SLV Puts rolled
Rolled my SLV 17.5 puts to next week for $0.12 Credit.
Waiting to see if my SLV short 17.0 puts expire this afternoon
SPX trades
#SPX5dte Of course the first time I try this in months I’m at risk of a bad loss. Decided to sell the put side as action yesterday and overnight was bullish. But then news spiked futures higher and ended up chasing.
Sold to close $SPX 3810/3790 put spreads for 5.40. Condors bought for 17.85 on Tuesday.
Now watching the call side.
SLV craters
Adding diagonals way too soon:
Bought SLV Aug 19 2022 15.0 Puts at $0.15
Bought SLV Aug 26 2022 15.0 Puts at $0.18
Sold SLV Jul 15 2022 17.0 Puts at $0.26 against both these buys
I may have to roll the short puts tomorrow
VXX Calls
Starting in on next week’s calls
Sold VXX Jul 22 2022 26.0 Calls at $0.20
KOLD Call
Bought to close 1 KOLD 07/15/2022 36.0 Covered Call at $0.05
Sold at $2.60
Sold a one day scalp: 1 KOLD July 15 2022 30.0 Covered Call at $0.20
#DoubleDip
#creditspread QQQ Btc QQQ 22…
#creditspread
QQQ
Btc QQQ 22 JUL 2022 303/305 CALL @.10/sto .39
Stocks
A day for adding:
C at $44.11 Div = 4.48%
DOW at $48.66 Div = 5.63%
BXP at $84.86 Div = 4.52%
JPM at $106.13 Div = 3.57%
FITB at $32.24 Div = 3.63%
KEY at $16.50 Div = 4.59%
SPX 1-dte
#SPX1dte In pre-market, sold to open $SPX July 14th 3660/3680-3840/3860 condors for 1.15, IV 44.7%, deltas -.05 +.05
SPY
#ShortPuts – Will be out rest of the week so trying to get most of my SPY to Monday.
Rolled SPY JUL 13 2022 390.0 Put to JUL 18 2022 390.0 Put @ .60 credit (12.30 total now)
KOLD Diagonal Put
Bought to open 1 KOLD Nov 18 2022 6.0 Put / Sold to Open 1 KOLD Aug 19 2022 14.0 Put at $0.44 Credit
Long DTE = 128
Short DTE = 37
KOLD low of the year = 16.56, Current price = 24.67
TNA Calls
Sold TNA Jul 15 2022 35.5 Covered Calls at $0.48
Added some spreads:
Bought TNA Aug 05 2022 43.0 Calls / Sold to Open TNA Jul 15 2022 35.5 Calls at $0.03 Credit
Bought TNA Aug 12 2022 45.0 Calls / Sold to Open TNA Jul 15 2022 35.5 Calls at $0.04 Credit
SPY
#CoveredCalls – A few.
Bought to Close SPY JUL 13 2022 390.0 Call @ .02 (sold for 2.65)
Bought to Close SPY JUL 13 2022 390.0 Calls @ .02 (sold for 3.00)
Sold SPY JUL 18 2022 385.0 Calls @ 1.50
Sold SPY JUL 18 2022 382.0 Call @ 2.33
VXX SOXL LABU at the open
Sold 1 VXX Jul 15 2022 23.5 Call at $0.38
Sold VXX Jul 15 2022 24.0 Calls at $0.23 and $0.28
Sold VXX Jul 15 2022 24.5 Calls at $0.21
Sold VXX Jul 15 2022 25.0 Calls at $0.16
Sold SOXL Jul 15 2022 11.0 Puts at $0.18, replacing similar Puts that expired Friday
Sold LABU Jul 15 2022 9.0 Calls at $0.62 and $0.70, balancing out the short puts I sold yesterday
SPX 1-dte
#SPX1dte Playing the swings in pre-market: Sold to Open $SPX July 13th 3690/3670 put spreads for 1.50.
Looking to sell call spread on a bounce.
VXX and LABU
Sold 1 VXX Jul 15 2022 23.5 Call at $0.35
Sold 1 VXX Jul 15 2022 24.0 Call at $0.27
Sold 1 LABU Jul 15 2022 7.5 Put at $0.25
Sold LABU Jul 15 2022 7.0 Puts at $0.15
Sold LABU Jul 15 2022 6.5 Puts at $0.10
#shortputs SPY STO 13 JUL…
#shortputs
SPY
STO 13 JUL 2022 376 PUT @1.22
Right at end of day bell.
