ASSIGNMENTS:
SOXL 24.0 Covered Call
CLF 7.5 Covered Calls
CLF 8.5 Covered Calls
TZA 11.0 Puts
Today:
Sold 1 TZA 07/11/2025 12.0 Covered Call at $0.17
Sold 1 TZA 07/18/2025 12.5 Covered Call at $0.14
Sold 1 VFC 07/11/2025 14.5 Covered Call at $0.03
Sold WBA 07/11/2025 12.0 Covered Calls at $0.02
#EveryLittleBitHelps
Sold 1 DOW 07/11/2025 26.5 Put at $0.06
Sold 1 CPB 07/1/2025 30.0 Put at $0.15
Sold 1 CAG 07/11/2025 20.0 Put at $0.20
#TinyPuts
Throwing one out there to give Mr. Market something to look at. Letting today’s decay a little more.
Sold SPX Jul 08 2025 6225.0 Put @ 9.00
#SPX0dte Sold to Open $SPX July 7th 6175/6195-6300/6320 condors for 1.05, IV 19.01%, deltas estimated -.08 +.06
Sold out of CE in one account once I went above breakeven.
Sold CE at $61.20.
Started buying at $74.00 and finished at $39.00.
During that time they cut the dividend from $0.70 to $0.03 (0.19%)
No reason to hold on any longer when I get over 4% for holding cash
#FormerFallingKnife
#rolling
SOLD MSTY 3 JUL 25 20.5 /TO/11 JUL 25/PUT @.20
SOLD SOXL 3 JUL 25 25/TO/11 JUL 25/ CALL @.55
#optionsexpiration
SOXL/PUT/25
Rolled Short calls from 7/7/25 536 to 7/14/25 537 @ .14 credit
slowly working my way out of the hole
Another round.
Bought to Close SPX Jul 03 2025 6130.0 Put @ .10 (sold for 21.50)
Bought to Close SPX Jul 03 2025 6140.0 Puts @ .10 (sold for 2.45)
Bought to Close SPX Jul 03 2025 6150.0 Puts @ .15 (sold for 3.30)
Sold SPX Jul 07 2025 6175.0 Puts @ 3.60
Sold SPX Jul 07 2025 6200.0 Puts @ 6.50
Sold 1 TZA Jul 11 2025 10.0 Put at $0.10
Sold 1 CPB Jul 11 2025 30.0 Put at $0.10
#TinyPuts
#Jobs — Exceeding expectations again
Gain of +147,000 non-farm payroll jobs, vs. expected gain of 125K
Unemployment down by 0.1 at 4.1%
U6 unemployment 7.7%, down by 0.1
Labor force participation down 0.1 to 62.3%
Average hourly earnings up by 0.2%; +3.7% Y/Y
April jobs revised up by +11K to +158K
May jobs revised up by +5K to +144K
#SPX0dte Sold to Open $SPX July 3rd 6170/6190-6270/6290 condors for 1.15, IV 14.72%, deltas -.08 +.07
#shortputs
SOLD MSTY 3 JUL 2025 20.5 PUT @.13
Sold a tiny bit of my TROW at 100.01 (after hours).
I scaled into this one all the way down to $83.00. Paid a nice fat dividend on 06/27
#FormerFallingKnife
Rolled 1 SLV 07/02/2024 33.0 Call to 1 SLV 07/07/2025 33.0 Call at $0.20 Credit
STO September 19, $60 puts at 2.01
It’s been awhile but now back to full strength. From now on I’ll leave a couple of the LEAPS shorts uncovered and sell against the rest. I was setting up to do that back in April when we tanked so didn’t get a chance to really take advantage of the drop. (although SPY was very very good to me) 🙂 🙂
Closing July for decent profits and resuming daily sales that will bring in more premium overall.
Bought to Close SPX Jul 18 2025 6060.0 Puts @ 23.20 (sold for 29.30)
Bought to Close SPX Jul 18 2025 6100.0 Puts @ 29.70 (sold for 37.30)
Sold SPX Jul 03 2025 6140.0 Puts @ 2.45
Sold SPX Jul 03 2025 6150.0 Puts @ 3.30
Holding a 6130 for tomorrow @ 21.50 credit also.
#coveredcalls
$SMCI BTC 7/3 46.5 call and STO 7/11 48 call at added credit of .20 and $1.50 more if stock calle away
Bought 1 SPY 08/15/2025 405 Put at $0.15 (life of contract low)
Thanks @fuzzballl for the idea
Hope to write against it several times on any pullback
Sold a tiny bit of PPG at $118.01. Still have a tiny bit bought at $106.
#FormerFallingKnife
Sold 1 TZA 07/03/2025 11.0 Put at $0.09
#TinyPuts
Sold 1 VFC 07/03/2025 13.5 Covered Call at $0.03
#EveryLittleBitHelps
Sold 1 SLV 07/03/2025 33.0 Diagonal Call at $0.26
#shortputs
$PLTR BTC 7/3 132 put and STO 7/11 130 put at added credit of 2.30 and $2 less if stock put tome
Jumping back in.
Sold TLT Jul 11 2025 87.5 Puts @ .81
Sold TLT Jul 18 2025 87.0 Puts @ .79
Sold 1 CNC 07/18/2025 32.5 Put at $1.15
Sold CLF 07/18/2025 10.5/9 Bear Call Spreads at $0.23 Credit
#SPX0dte Sold to Open $SPX July 2nd 6105/6125-6230/6250 condors for 1.15, IV 18.16%, deltas -.06 +.06
All major U.S. stock markets will be closed on Friday July 4, in observance of the Independence Day holiday. Additionally, major U.S. stock markets will close early at 1 pm ET on Thursday July 3. The Extended Hours session will be available from 1 – 5 p.m. ET.
Sold CLF 07/03/2025 8.5 Covered Calls at $0.02
#EveryLittleBitHelps
Sold 1 DOW 07/03/2025 25.5 Put at $0.09
Sold 1 BMY 07/03/2025 45.0 Put at $0.12
#TinyPuts
STO, August 15, $60 puts at 1.01
Rolled QQQ 7/3/25 536 Short Calls to 7/7/25 536 @ .6 credit
Taking gains a couple weeks early.
Bought to Close TLT Jul 18 2025 85.0 Puts @ .15 (sold for .81)
Bought to Close TLT Jul 18 2025 86.0 Puts @ .29 (sold for 1.25)
Bought to Close TLT Jul 18 2025 87.0 Puts @ .54 (sold for 1.75)
Bought to Close TLT Jul 18 2025 88.0 Put @ .94 (sold for 2.40)
BTC July 18, 555 puts at .34, sold ay 1.35
BTC July 25, 550 puts at .52, sold at 1.59
BTC July 31, 545 puts at .68, sold at 1.47
I just want to make room for TQQQ and the margin at Fidelity for these is very high.
Roll up to the expected move.
Rolled SPX Jul 03 2025 6100.0 Put to Jul 03 2025 6130.0 Put @ 3.25 credit (21.50 total now)
#SPX0dte Sold to Open July 1st $SPX 6100/6120-6230/6250 condors for 1.10, IV 19.54%, deltas -.06 +.06
Higher IV due to Powell/LaGarde speeches, and lots of data coming after the open. Likely won’t consider another trade until after 10am ET.
#everylittlebithelps
#shortputs
#alittlebitisbetterthannada
tIP SOLD SOXL 3 JUL 2025 13 PUT @.01
Rolled QQQ 7/2/25 536 Short Calls to 7/3/25 536 @ .35 credit
Rolling 25 percent of the position. Here ya go Mr. Market!
Rolled SPX Jul 18 2025 6060.0 Puts to Jul 18 2025 6100.0 Puts @ 8.00 credit (37.30 total now)
#SPX0dte Sold to Open $SPX Jun 30th 6110/6130-6240/6260 condors for 1.05, IV 19.15%, deltas -.06 +.06
#shortputs
tIP SOLD SOXL 3 JUL 2025 25 PUT @1.02
Rolled QQQ 6/30/25 536 Short Calls to 7/2/25 536 @ .50 credit
I put on a September 19, 75 collar at 7.45
BTC June 27, 255 puts at .01, sold at 1.52
Just rolling one to give Mr. Market something to think about.
Rolled SPX Jul 03 2025 6060.0 Put to Jul 03 2025 6100.0 Put @ 5.75 credit (18.30 total now)
#optionsexpiration today
soxl 8.5 put
soxl 17 put
soxl 17.5 put
soxl 18 put
CLOSE HALF OF SPREAD
STC SOXL 27 JUN 2025 26 CALL @.15
—
ROLL SHORT SIDE OF SPREAD OUT/covered
SOLD CALENDAR SOXL /27 JUN 2025 25 call /TO- 3 JUL 2025 25 CALL @.62
Take the quickie.
Bought to Close SPY Jul 03 2025 595.0 Puts @ .26 (sold for 1.50)
#SPX0dte Sold to Open $SPX Jun 27th 6085/6105-6195/6215 condors for .95, IV 16.10%, deltas -.07 +.05
Rolling up the rest of July position:
Rolled SPX Jul 18 2025 6050.0 Puts to Jul 18 2025 6060.0 Puts @ 2.40 credit (29.10 total now)
Bought to Close Jun 26 2025 6050.0 Put @ .05 (sold for 4.90)
Sold SPX Jul 03 2025 6060.0 Put @ 12.55
Typical summer trading. Relentless push higher on light volume with occasional severe volatility shocks.
I don’t think this is the smart money buying all time highs on light volume and largely bad news. Hopium for a rate cut? Doubt that is happening when inflation is still high and gas is at $4 a gallon locally and we tend to be on the cheaper side locally as our oil and gas comes straight off big ships. Trade appropriately!
But still frustrating that I have to adjust trades around the dumb money that is late to the party. Oh well, I can take their money if they are going to give it away so freely.
Hope everyone is having a good summer and staying cool! We bike raced Tuesday night and the heat index was 107, lots of fluids kept everyone going.
BWB with calendar or directional adjustments are still doing well as long as you keep the expirations off FOMC and CPI weeks. On those weeks the market makers flip the volatility skew and then only profitable on expiration day and very close to the end of the day. Much better to make 10% weekly and get out way before the gamma effects kick in.
Cheers!
STO July 150 puts at 6.60 because it is making a new all time high.
#SPX0dte Sold to Open $SPX Jun 26th 6065/6085-6130/6150 condors for 1.10, IV 16.80%, deltas -.07 +.06
Bought to close 1 SLV 06/25/2025 33.0 Call at $0.02
Sold 1 SLV 06/27/2025 33.0 Call at $0.25
Didn’t want to chance an assignment
STO July 31, 545 puts at 1.25
Added a tiny bit of PEP at $127.75
#SP500 #FallingKnife
Sold 1 DOW 06/27/2025 26.5 Put at $0.11
#TinyPuts
Sold SPY Jul 03 2025 595.0 Puts @ 1.50
Bought to Close SPX Jun 24 2025 6000.0 Put @ .40 (sold for 10.30)
Sold Jun 26 2025 6050.0 Put @ 4.90
And rolling up about half the position:
Rolled SPX Jul 18 2025 6050.0 Puts to Jul 18 2025 6060.0 Puts @ 2.95 credit (29.65 total now)
Added tiny positions in several good yielding stocks at the yearly lows
CAG at $21.18
CPB at $31.58
CLX at $120.14
GIS at $52.39
#SP500 #FallingKnife
Sold 1 MSFT Diagonal 497.5/492.5 Bear Call Spread at $0.37 Credit
Sold 1 OKLO Diagonal 69/64 Bear Call Spread at $0.23 Credit
Sold 1 SOXL Diagonal 26/24 Bear Call Spread at $0.34 Credit
Sold 1 TQQQ Diagonal 82/79 Bear Call Spread at $0.28 Credit
Will definitely need one down day before Friday’s expiration
Have no idea how this filled at this price.
Sold WBA 06/27/2025 12.0 Covered Calls at $0.10 (on a $0.02 limit}
#SPX0dte Sold to Open $SPX Jun 25th 6030/6050-6145/6165 condors for .95, IV 16.88%, deltas -.07, +.06
This is lowest chain IV since the February market highs. A pretty massive drop overnight.
Sold 1 TQQQ Diagonal 82/79 Bear Call Spread at $0.18 Credit
Sold 1 OKLO Diagonal 69/64 Bear Call Spread at $0.13 Credit
Sold 1 VFC 06/27/2025 13.5 Covered Call at $0.03
Sold WBA 06/27/2025 12.0 Covered Calls at $0.02
#EveryLittleBitHelps
#bearcallspreads
#WALKONTHEwildside!
SOLD VERTICAL SOXL 27 JUN 2025 25/26 CALL @.19
STO June 27, 78 puts at 1.61
STO July 25, 550 puts at 1.41
I bought a position in this ETF to hold for a few years because it is a quantum computer ETF and if it works it will be big IMHO.
STO July 18, 555 puts at 1.15
Taking gains.
Bought to Close SPY Jun 27 2025 580.0 Puts @ .20 (sold for 1.65)
Bought to Close SPY Jul 18 2025 555.0 Put @ 1.17 (sold for 3.30)
Bought to Close SPY Jul 18 2025 560.0 Put @ 1.39 (sold for 4.00)
Bought to Close SPY Jul 18 2025 565.0 Put @ 1.66 (sold for 3.28)
Rolling to tomorrow’s expected move.
Rolled SPX Jun 24 2025 5940.0 Put to Jun 25 2025 6000.0 Put @ 5.00 credit (10.30 total now)
#SPX0dte Sold to Open $SPX Jun 24th 5970/5990-6115/6135 condors for 1.05, deltas -.06 +.06, IV 21.82%
#pennysfromheaven
#shortputs
#alittlebitisbetterthannada
SOLD SOXL 27 JUN 2025 18 PUT @.25
SOLD SOXL 27 JUN 2025 17.5 PUT @.19
SOLD SOXL 27 JUN 2025 8.5 PUT @.01
#coveredcalls #syntheticcoveredcalls
$PLTR STO 6/27/ 147 all .63
$NVDA STO 6/27 149 call at .30
$TSLA STO 6/27 375 call at 2.02
$META STO 6/27 717.50 call at 1.45
Sold 1 KHC 06/27/2025 25.0 Put at $0.06
Sold 1 PEP 06/27/2025 124.0 Put at $0.20
#EveryLittleBitHelps
Options Bistro 