#ShortPuts – A few.
TQQQ: Close and open.
Bought to Close TQQQ APR 1 2022 40.0 Put @ .43 (sold for 2.75)
Sold TQQQ APR 22 2022 47.5 Put @ 2.90
XBI: New ladder.
Sold XBI APR 14 2022 88.0 Put @ 3.15
Sold XBI APR 14 2022 89.0 Put @ 3.10
Sold XBI APR 14 2022 90.0 Put @ 3.25
Sold 1 LABU Mar 25 2022 13.0 Put at $0.15
STO April 14, 115 put at 1.15
STO May 20, 150 put at 1.36
Sold 1 VXX Mar 25 2022 35.0 Call at $0.31
Sold 1 VXX Mar 25 2022 33.0 Call at $0.34
Sold 1 VXX Mar 25 2022 32.0 Call at $0.35
Sold VXX Mar 25 2022 31.0 Calls at $0.44 & $0.45
Sold VXX Mar 25 2022 30.0 Calls at $0.49 & $0.50
Sold VXX Mar 25 2022 29.5 Calls at $0.40 & $0.42
Sold 1 VXX Mar 25 2022 29.0 Call at $0.49
Sold 1 VXX Mar 25 2022 28.5 Call at $0.54
Replacing similar calls that expired Friday
The short squeeze in VXX is still an issue. But the VIX index and /VX futures are falling early on
Bought to Open 1 TQQQ Apr 08 2022 60.0 Call at $1.09
Sold to Open 1 TQQQ Mar 25 2022 55.0 Call at $1.42 for a $0.33 Credit.
It’s really a calendar spread where I can write against the long 2 more times after this week.
Walking away from this disaster and dumping the last of my positions
Sold to Close long positions instead of writing against them one more time.
RIVN Mar 25 2022 57 Calls at $0.26
RIVN Mar 25 2022 58 Calls at $0.22
RIVN Mar 25 2022 59 Calls at $0.20
RIVN Mar 25 2022 60 Calls at $0.17
Sold 1 RIVN Apr 01 2022 30.0 Put at $0.24
Sold 1 RIVN Apr 08 2022 30.0 Put at $0.49
Sold the last of my FMC stock at $130.94. (a new 5-yr high)
Bought this on 08/19/2021 at $90.00 (less than 3 points from the 52-week low)
How the #FallingKnife strategy is supposed to work
Former #SP500 #FallingKnife
#ShortPuts #CoveredCalls – Catching up on yesterday.
NFLX: Covered.
Rolled NFLX MAR 18 2022 350.0 Call to MAR 25 2022 352.5 Call @ .82 credit (8.92 total now)
NVDA: A quickie.
Bought to Close NVDA APR 1 2022 225.0 Put @ 1.80 (sold for 4.50)
SOXL: Taking the quick profit over a month early and rolling covered.
Bought to Close SOXL APR 29 2022 30.0 Put @ 1.80 (sold for 3.80)
Rolled SOXL MAR 18 2022 28.0 Calls to APR 14 2022 31.0 Calls @ .90 debit (6.75 total now)
SVXY: Closing and opening.
Bought to Close SVXY MAR 18 2022 48.0 Put @ .05 (sold for 2.10)
Bought to Close SVXY APR 14 2022 42.0 Put @ .61 (sold for 2.20)
Bought to Close SVXY APR 14 2022 45.0 Put @ .97 (sold for 2.35)
Sold SVXY APR 14 2022 50.0 Put @ 2.50
TNA: More quickies.
Bought to Close TNA APR 14 2022 40.0 Put @ .52 (sold for 1.60)
Bought to Close TNA APR 14 2022 45.0 Put @ .84 (sold for 2.15)
TQQQ: Rolling covered.
Rolled TQQQ MAR 18 2022 40.0 Calls to APR 14 2022 42.0 Calls @ .13 debit (8.60 total now)
XBI: Taking a bunch of these with the nice run up.
Bought to Close XBI MAR 18 2022 89.0 Put @ .10 (sold for 2.40)
Bought to Close XBI MAR 18 2022 90.0 Put @ .25 (sold for 5.85)
Bought to Close XBI APR 14 2022 79.0 Put @ .70 (sold for 2.00)
Bought to Close XBI APR 14 2022 80.0 Put @ .80 (sold for 2.20)
Bought to Close XBI APR 14 2022 81.0 Put @ .85 (sold for 2.50)
Bought to Close XBI APR 14 2022 82.0 Put @ 1.00 (sold for 2.60)
Bought to Close XBI APR 14 2022 83.0 Put @ 1.15 (sold for 2.25)
Bought to Close XBI APR 14 2022 84.0 Put @ 1.35 (sold for 2.56)
Bought to Close XBI APR 14 2022 85.0 Put @ 1.60 (sold for 2.93)
Bought to Close XBI APR 14 2022 86.0 Put @ 1.85 (sold for 3.32)
SOXL
March 18 22 put sto .22
March 18 23 put/sto .31
March 42 call/sto .60
LABU
March 18 11 put sto 18
March 18 11.5 put sto .28
Only one trade today, but a good one
Sold the last half of my AMZN stock at $3207.00. Bought 4 days ago at $2,879.56
Former #FallingKnife
Getting my #FallingKnife #HomeGrownETF back to 50% cash
Bought to close VXX Mar 18 2022 24.5 Puts at $0.01 before I could get the order cancelled near the close.
Sold this week at an average price of $0.17
#SPX1dte Sold to Open $SPX March 21st 4320/4340-4540/4560 condors for 1.60, SPX at 4461, IV 15.9%, deltas -.07 +.06
Expiring: March 18th 4270/4290-4490/4510 condors, sold yesterday for 1.30.
Also expiring, ill-fated 4060/4040 bear put spread, when I foolishly thought we’d be headed down. Had I bought the same on call side it would be expiring for 20.00 today.
Rolled LABU 03/18/2022 15.0 Calls to LABU 03/25/2022 15.5 Calls at 0.06 Credit plus 0.50 more on the strike
Rolled LABU 03/18/2022 16.0 Calls to LABU 03/25/2022 17.0 Calls at 0.13 Credit plus 1.00 more on the strike
Rolled LABU 03/18/2022 16.5 Calls to LABU 03/25/2022 18.0 Calls at 0.18 Credit plus 1.50 more on the strike
Rolled LABU 03/18/2022 17.0 Calls to LABU 03/25/2022 18.5 Calls at 0.40 Credit plus 1.50 more on the strike
Rolling out and up some covered calls while keeping a decent amount of downside protection and bringing in a bit of cash:
Rolled TQQQ 03/18/2022 46.0 Calls to TQQQ 03/25/2022 46.0 Calls at $0.52 Credit
Rolled TQQQ 03/18/2022 47.0 Calls to TQQQ 03/25/2022 47.5 Calls at $0.27 Credit plus another 0.50 on the strike
Rolled TQQQ 03/18/2022 48.0 Calls to TQQQ 03/25/2022 49.0 Calls at $0.10 Credit plus another 1.00 on the strike
Rolled TQQQ 03/18/2022 49.0 Calls to TQQQ 03/25/2022 50.0 Calls at $0.37 Credit plus another 1.00 on the strike
Rolled TNA 03/18/2022 61.0 Calls to TQQQ 03/25/2022 62.5 Calls at $0.37 Credit plus another 1.50 on the strike
BTC MAR 2022/18 MAR 34 CALL
STO MAR 2022/25 MAR 34 CALL NET .70 /1.16 sub total so far!
QUE up raw hide music/
first time in a long time.
Bought to close 1 RIVN Mar 18 2022 37.0 Put at $0.01. Sold on a roll last Friday at $2.10
Bought to close 1 RIVN Mar 18 2022 39.0 Put at $0.01. Sold on a roll last Friday at $3.08
My previous scalp trades are not working and will have to be rolled out.
Trying one last time.
Sold LABU Mar 18 2022 17.0 Calls at $0.35
Sold 1 LABU Mar 18 2022 17.5 Call at $0.26
Bought to close VXX Mar 18 2022 55.0 Calls at $0.01. Sold Tuesday at $1.79, $2.19, $2.39 and $4.00
Replaced most of these with calls for next week with strikes above the Tuesday spike high.
Sold VXX Mar 25 2022 44.0 Call at $0.54
Sold VXX Mar 25 2022 43.0 Call at $0.58
Sold VXX Mar 25 2022 42.0 Call at $0.61
Interesting chart. What happens when Barclays unclenches?
Bought to close LABU Mar 18 2022 13.5 Puts at $0.05. Sold last week at $0.80.
Bought to close 1 LABU Mar 18 2022 18.0 Put at $2.43. Sold last week on a roll at $3.78
Sold to Open 1 LABU Mar 25 2022 17.5 Put at $2.45 and lowered the strike of this last short put $0.50.
#SPX1dte Sold to Open $SPX Mar 18th 4270/4290-4490/4510 condors for 1.35, SPX at 4406, IB 28.1%, deltas -.07 +.06.
#ShortPuts – Bought to Close XBI MAR 18 2022 88.0 Put @ .65 (sold for 3.20)
Bought to close VXX Mar 18 2022 22.0 Puts at $0.01. Sold at $0.11 Tuesday
A new VXX Contango Trade:
Sold to open VXX Mar 18 2022 24.0 Puts Net Credit at $0.07
Bought VXX May 20 2022 15.0 Puts at $0.05 for a 0.02 Credit
Short DTE = 1
Long DTE = 64
#VXXContango
#SPX1dte Bought to close $SPX Mar 17th (monthlys) 4445/4465 call spreads for 1.75. Condors sold yesterday for 1.75. Lost commissions but otherwise breakeven… can’t risk overnight gap risk since these settle in the morning.
#ShortPuts – A couple more in case tomorrow gets crazy.
Bought to Close SOXL MAR 18 2022 35.0 Put @ .59 (sold for 2.50)
Bought to Close XBI MAR 18 2022 87.0 Put @ .30 (sold for 2.35)
#ShortPuts – Almost half in a day. I’ll take it.
Bought to Close SPY APR 14 2022 400.0 Put @ 2.75 (sold for 5.02)
#ShortPuts – Even though it’s up today it’s still down at a good level for adding. Replacing the strikes closed earlier. Chart shows entering a squeeze and trying to get above the 20 day. Still a few more this week I’ll be watching tomorrow.
Sold XBI APR 14 2022 83.0 Put @ 2.25
Sold XBI APR 14 2022 84.0 Put @ 2.56
Sold XBI APR 14 2022 85.0 Put @ 2.93
Sold XBI APR 14 2022 86.0 Put @ 3.32
Sold to open LABU Mar 18 2022 16.0 Calls at $0.11
Sold to open LABU Mar 18 2022 16.5 Calls at $0.07
#ShortPuts #JadeLizards – Taking quite a few off and adding a couple new ones.
NVDA: Like to see SOXL pull back so going aggressive on NVDA 🙂 🙂
Sold NVDA APR 1 2022 225.0 Put @ 4.50
Sold NVDA APR 14 2022 215.0 Put @ 5.40
Decent Jade Lizard gains that ran away to the upside:
Bought to Close NVDA MAR 18 2022 210/210/215 Jade Lizard @ 4.95 ( sold for 5.70)
Bought to Close NVDA MAR 18 2022 220/230/240 Jade Lizard @ 7.55 ( sold for 10.95)
SPXL: Glad to be out with a profit. Might reload on a pullback.
Sold SPXL Covered Stock @ 94.85 (basis 93.70)
XBI: This is turning into a good one. Don’t rally too much!
Bought to Close XBI MAR 18 2022 83.0 Put @ .13 (sold for 2.25)
Bought to Close XBI MAR 18 2022 84.0 Put @ .20 (sold for 2.40)
Bought to Close XBI MAR 18 2022 85.0 Put @ .35 (sold for 2.70)
Bought to Close XBI MAR 18 2022 86.0 Put @ .48 (sold for 2.70)
Sold half my TMUS stock at $128.57. Got pretty close to the 2022 YTD high.
Bought this lot on 11/22/21 at $114.00
Sold to open LABU Mar 18 2022 15.0 Covered Calls at $0.20 and $0.25
Sold to close 1 LABU Mar 18 2022 13.0 Put at $0.60
Sold to close LABU Mar 18 2022 15.0 Puts at $2.00.
#ShortPuts – Taking the highest strike off.
Bought to Close SVXY MAR 18 2022 50.0 Put @ .50 (sold for 2.45)
#SPX1dte Sold to Open $SPX March 17th (monthlys) 4160/4180-4445/4465 condors for 1.75, SPX at 4328, IV 28.8%, deltas -.06 +.06. These stop trading at tomorrow’s close… but settle on Friday morning’s open.
Bought to close VXX Mar 18 2022 21.5 Puts at $0.01. Sold at $0.10 yesterday.
Some new VXX Contango Trades:
Sold to open VXX Mar 18 2022 24.5 Puts at $0.17
Bought VXX May 20 2022 15.0 Puts at $0.10 for a 0.07 Credit
Short DTE = 2
Long DTE = 65
Sold to open VXX Mar 18 2022 24.5 Puts at $0.16
Bought VXX May 20 2022 16.0 Puts at $0.13 for a 0.03 Credit
Short DTE = 2
Long DTE = 65
#VXXContango
#ShortPuts – Close and open.
Bought to Close TNA MAR 18 2022 45.0 Put @ .13 (sold for 1.30)
Bought to Close TNA MAR 18 2022 50.0 Put @ .20 (sold for 2.05)
Sold TNA APR 14 2022 45.0 Put @ 2.15
#ShortPuts – Back in April again. Starter…
Sold SPY APR 14 2022 400.0 Put @ 5.02
#ShortPuts – In a different account than my big position. Had a crazy order in that filled.
Sold SOXL APR 29 2022 30.0 Put @ 3.80
Just before the Fed announcement:
Sold 1 TQQQ Mar 18 2022 48.0 Call at $0.83
#CoveredCalls #ShortPuts – One of each.
FXI: Rolling protection back up. Lost .35 on the round trip.
Rolled FXI APR 14 2022 20.0 Calls to APR 14 2022 25.0 Calls @ 4.75 debit.
SOXL: Adding.
Sold SOXL APR 22 2022 30.0 Put @ 3.20
#FOMC A quarter percent increase, to a range of 0.25-0.50%
Sold TQQQ Mar 18 2022 50.0 Calls at $0.41 and $0.57
Sold 1 TNA Mar 18 2022 62.5 Covered Call at $0.29
Sold 1 TNA Mar 18 2022 63.0 Covered Call at $0.27
STO January 75 calls at 4.30
Sold LABU Mar 18 2022 15.0 Covered Calls at $0.15
Selling into the bounce:
Sold the other half of my BKNG long stock at $2198.00. Bought on 3/8 at $1800.00 (Missed the low by less than 4 points)
Sold half my AMZN that I bought as an impulse purchase after they announced the 20 for 1 split.
Sold AMZN at $2994.00. Bought on 03/09 at $2,972.50.
At least I did average down once at $2,879.56 on 3/14.
Former #FallingKnife
#SPX #SPX1dte Double loser for me today, clearly wrong about a short-term bearish direction (although still have until Friday on that trade), but also just stopped out on the 1-dte trade. Shouldn’t mess with the Fed, I guess.
Bought to close $SPX March 16th 4385/4405 call spreads for 3.30. Condors sold yesterday for 1.65.
#SPX1dte Sold to Open $SPX March 16th 4105/4125-4385/4405 condors for 1.65. SPX at 4268, IV 36.05%, deltas -.05 +.05
Sold 1 TNA Mar 18 2022 59.0 Call at $0.71
#LongStock #ShortPuts – Taking a few scalps on the bounce.
ARKK: Another round.
Bought to Close ARKK MAR 18 2022 61.0 Calls @ .15 (sold for 1.40)
Sold ARKK MAR 25 2022 57.0 Calls @ 1.55
QYLD: Quite a few shares so happy with the profit.
Sold QYLD @ 19.66 (bought for 19.28 average)
SPY: Taking these on the nice bounce.
Bought to Close SPY MAR 18 2022 405.0 Put @ .75 (sold for 3.30)
Bought to Close SPY APR 14 2022 380.0 Put @ 2.71 (sold for 4.10)
Bought to Close SPY APR 14 2022 385.0 Put @ 3.25 (sold for 5.00)
Bought to Close SPY APR 14 2022 390.0 Put @ 3.93 (sold for 6.00)
EDIT: Added AARK
Now all my long stock is covered for this week
Sold:
TQQQ Mar 18 2022 46.0 Call at $0.80
TQQQ Mar 18 2022 47.5 Call at $0.43
TQQQ Mar 18 2022 48.0 Call at $0.34
#SPX Taking a low risk trade to downside… The Fed will likely announce IR increase, but who really knows what short term effect will be? I believe we still have lower to go regardless of tomorrow’s decision. Right now we are hitting against the top of the downward channel on the daily chart.
Bought to Open $SPX March 18 4060/4040 put spreads for 1.75.
First the good;
Sold half of my BKNG long stock at $2083.00. Bought on 3/7 at $1900.00.
Former #FallingKnife
Bought EA at $118.00
Bought SWK at $144.21
#SP500 #FallingKnife
Back to the puts. One last set of writes against long Mar 18th Puts paid for by earlier Diagonal Put spreads.
Sold VXX Mar 18 2022 22.5 Puts at $0.15 and $0.16
Sold VXX Mar 18 2022 22.0 Puts at $0.11
Sold VXX Mar 18 2022 21.5 Puts at $0.09
#VXXContango trades
#CoveredCalls – Selling a couple early on the bounce.
Sold SOXL MAR 25 2022 28.0 Call @ 4.16
Sold TQQQ MAR 25 2022 40.0 Call @ 4.20
sto 18 MAR 2022 34 CALL @.47
Sold 1 TNA Mar 18 2022 62.0 Call at $0.27
No more short puts as they all got assigned last week. Just calls for the foreseeable future.
Sold:
TQQQ Mar 18 2022 46.0 Calls at $0.57
TQQQ Mar 18 2022 47.0 Calls at $0.37
TQQQ Mar 18 2022 47.5 Calls at $0.27 and $0.37
TQQQ Mar 18 2022 48.0 Calls at $0.27
#SPX1dte Expiring: $SPX Mar 14th 4030/4050-4335/4355 condors, sold Friday for 1.60
#closing
BTC 18 MAR 2022 35 CALL @.20 /STO .42
opened this AM 50% return in 1 day i will take.
maybe peace talks come this week or?
#CoveredCalls #ShortPuts – A little of everything.
FXI: Go baby go! Covered calls and long puts.
Rolled FXI APR 14 2022 25.0 Calls to FXI APR 14 2022 20.0 Calls @ 4.40 credit (14.90 total now)
QYLD: Small adds. Looking for below 19 for any more.
Bought QYLD @ 19.25, 19.30, 19.35
SPY: Adding.
Sold SPY APR 14 2022 380.0 Put @ 4.10
TNA: Small add.
Sold TNA APR 14 2022 40.0 Put @ 1.60
TQQQ: Getting all my short calls to same strike.
Rolled TQQQ MAR 18 2022 42.5 Call to MAR 18 2022 40.0 Call @ 1.40 credit
https://www.businesswire.com/news/home/20220314005483/en/Barclays-Suspends-Until-Further-Notice-Further-Sales-and-Issuances-of-Two-Series-of-iPath%C2%AE-ETNs-the-%E2%80%9CETNs%E2%80%9D
Apple Falls Under 200-Day Moving Average After Foxconn Halt
Started some tiny new positions
Bought SWKS at $124.44
Bought WDC at $45.00
Bought WYNN at $70.00
#SP500 #FallingKnife
Bought to close VXX Mar 11 2022 27.0 Calls at $0.01. Sold Friday on a roll at $1.58
Bought to close VXX Mar 11 2022 26.5 Calls at $0.01. Sold Friday on a roll at $1.76
Bought to close 1 TNA Mar 11 2022 61.0 Call at $0.01. Sold Tuesday at $1.09
Bought to close TNA Mar 11 2022 60.0 Calls at $0.01. Sold Tuesday at $0.99 and $1.23
Bought to close 1 XLV Mar 11 2022 126.5 Put at $0.01. Sold on Monday at 0.61
Bought to close 1 XLV Mar 11 2022 127.0 Put at $0.01. Sold on Monday at 0.57
Only one today:
Added SBUX at $83.44
#SP500 #FallingKnife
#SPX1dte Sold to Open $SPX March 14th 4030/4050-4335/4355 condors for 1.60, SPX at 4212, IV 24.1%, deltas -.06 +.06
On our way to 4000!
One of my wilder trades (that’s saying a lot! LOL)
1. Owned stock at a 38 basis covered with 38 strike calls hoping to get out at even.
2. Stock did not get called away and I noticed how Russia (RSX) was acting with a possible war and sanctions.
3. With China and Taiwan figured that could be next and FXI turn into another RSX.
4. With FXI up near 35-36 sold April monthly 25 strike calls for 10.50 credit for max downside help.
5. Also bought May monthly 25 strike puts @ .16 for additional worse case protection.
Short calls at 25 with basis now of 27.50. As the stock drops hoping the long puts will make up that difference. I’ll either get out at near even or hang onto stock at an incredible basis.
Definitely risky going that bearish but if RSX is any indication FXI could be headed for a similar fate…
EDIT: The overall position is actually slightly net short for now. As FXI gets closer to 25 that will gradually get more neutral.
sto 18 MAR 2022 11 PUT @.18
STO 18 MAR 2022 11.5 PUT @.28
Bought to close LABU Mar 11 2022 14.5 Puts at $0.54. Sold last week at $1.25
Sold to Open LABU Mar 18 2022 13.5 Puts at $0.80 for a $0.25 Net Credit plus a point lower strike.
Bought to Close 1 LABU Mar 11 2022 18.0 Put at $3.68. Sold last week at $4.65.
Sold to Open 1 LABU Mar 18 2022 18.0 Put at $ 3.78 for a $0.10 Net Credit.
#ShortPuts #CoveredCalls – A little of everything.
NFLX: Expiring and re-loading.
Expiring: MAR 11 2022 355.0 Call (sold for 14.00)
Sold NFLX MAR 18 2022 350.0 Call @ 8.10
SOXL: Rolling covered and adding to ladder.
Rolled SOXL MAR 11 2022 28.0 Calls to MAR 18 2022 28.0 Calls @ .95 credit (7.95 total now)
Sold SOXL APR 8 2022 30.0 Put @ 3.00
Sold SOXL APR 14 2022 30.0 Put @ 3.30
TQQQ: Rolling covered and adding to ladder.
Rolled TQQQ MAR 11 2022 40.0 Calls to MAR 18 2022 40.0 Calls @ 1.05 credit (8.95 total now)
Sold TQQQ APR 14 2022 40.0 Put @ 3.00
XBI: Adding.
Sold XBI APR 14 2022 79.0 Put @ 2.00
Sold XBI APR 14 2022 80.0 Put @ 2.20
Sold XBI APR 14 2022 81.0 Put @ 2.50
Sold XBI APR 14 2022 82.0 Put @ 2.60
Bought to close TQQQ Mar 11 2022 50.0 Calls at $0.01. Sold Tuesday at $0.33, $0.39 & 0.51
Options Bistro 