STO December 17, 75 put at 3.20, you can do better than me
Recent Updates Page 127
HOOD
#CoveredCalls – Will be assigned a little bit of stock in an IRA. Getting a jump on the covered calls.
Sold HOOD NOV 5 2021 33.0/43.0 Bear Call Spreads @ 2.08
WU Stock
Another #SP500 stock at a new low. Bought some at $19.00.
#Earnings on 11/02
#FallingKnife
TNA and TQQQ
Sold 1 TNA Oct 29 2021 97.0 Call at $1.32
Sold 1 TQQQ Oct 29 2021 150.0 Call at $2.55
#OnlySpreads
EWZ
#ShortPuts – Adding.
Sold EWZ DEC 17 2021 28.0 Puts @ 1.25
SPX trades
#SPX5dte Order filled when $SPX was at about 4595: Sold to close Oct 27th 4540/4560 call spreads for 18.50. Puts sold for 3.35 yesterday, so 21.85 total, so 7.10 total profit.
TSLA BWB
“Bought” to open $TSLA Dec 17 1300/1350/1450 broken wing butterfly (call) for 1.50 credit. No downside risk.
#TastyTradeFollow
TAN,
STO November 19, 83 puts at 1.25
U,
STO December 17, 125 put at 3.23
TQQQ,
BTC October 29, 85 puts at .01, sold at 1.45
NIO Puts
#shortputs
$NIO STO 10/29 42 put at .92. Will the $TSLA excitement rub off on Chinese EV’s?
TQQQ PUT Close / TSLA Call
#shortputs
$TQQQ BTC 11/19/80 put at .15. STO at 1.17. Thank you @jsd501
#syntheticcoveredcalls
$TSLA STO 10/29 1150 call at 6.70
TSLA
Quote from ZeroHedge ….
If you, like us, are watching the insane meltup in TSLA which not only topped $1 trillion in market cap today, but has gained more than $140 billion since opening, a value that is almost as big as the market cap of GM and Ford, and is now rising by $1 billion every 5 seconds…
KOLD
Sold 1 KOLD Nov 19 2021 5.0 Put at $0.60 against my last remaining long May 2023 3.0 Put.
#DoubleDip
VXX1 Puts
Old pre-split contracts.
Sold my last lot of VXX1 Jan 21 2022 5.0 Puts at $0.67. Bought this lot on 03/16/21 at $0.16 and I wrote against them until September 2021 when the last logical write could be done.
I also have long 6.0, 7.0 and 8.0 VXX1 puts for January 2022 but since they are effectively in the money, I’m more likely to exercise those as a way of dumping a good portion of my long VXX stock before year end.
At least that is the current plan.
#VXXContango
COIN Stock
Next lot of stock sold at $320.00
Bought this on 5/04/2021 at $280.00.
Average cost on my remaining shares now down to 246.
SPX trades
#SPX5dte When $SPX was at 4551, sold to close Oct 27th 4530/4510 put spreads for 3.35. Still holding 4540/4560 call side. Condors bought for 14.75 on Thursday.
SNAP Put
#shortputs
$SNAP STO 11/19 53 put at 2.57. OMM idea from Fitzpatrick. Hope he is as good as you guys. 😉
Closing TQQQ
Bought to close $TQQQ 10/29 90 put @ .03. Sold for 1.57 on 9/28.
SNOW UPST Call / TQQQ Put Close / MTDR Put
#coveredcalls
$SNOW STO 10/29 350 call at 3.10
$UPST STO 10/29 380 call at 3.90
#shortputs
$TQQQ BTC 10/29 105 put at .05. STO at 2.45. Thank you @fuzzballl
$MTDR STO 10/29 42.5 put at 1.80. Earnings Wednesday. Nice premium. Light volume. If assigned would replace stock that I was stopped out of during the during the dark days of mid September. Oil going up.
ULTA
#ShortPuts – Went back and reviewed my history on this one and @jsd501 is correct. We were stuck for quite awhile. I’ll bail out here.
Bought to Close ULTA OCT 29 2021 365.0 Put @ 2.40 (sold for 3.30)
Its getting KOLD again
Bought to Open 1 KOLD May 20 2022 4.0 Put / Sold to Open 1 KOLD Nov 19 2021 7.0 Put at $0.30 Credit.
Bought to Open 1 KOLD May 20 2022 3.0 Put / Sold to Open 1 KOLD Nov 19 2021 6.0 Put at $0.25 Credit.
Also sold 1 KOLD Nov 19 2021 6.0 Put at $0.95 against a leftover long from last month’s short diagonal call that expired.
Still have one excess (fully paid for) long May call to write against.
PINS
#CoveredCalls – It’s been a great year and looking to start next year without any clunkers so taking the hit here. Luckily took my own advice and stayed small. Can’t win ’em all!
Sold Covered Stock @ 42.20 (basis 59.50)
LABU Put
Sold 1 LABU Oct 29 2021 50.0 Put at $0.87 replacing Puts that expired Friday
Expirations / Assignments
#optionsexpiration #assignment
$UPST 335 call Called away Basis 259.05
$UPST 380 call
$LVS 41 call
$SNAP 61 call
$Snap 70 put assigned
$TQQQ 110 put
$PFE 41 put
$LABU 51 put
$LABU 52 put
$UPST 340 put
Expirations
Expiring today:
$LABU 10/22 49 puts
$LABU 10/22 50 puts
$SOXL 10/22 41 puts
$SPOT 10/22 240/230 bull put spread
$TQQQ 10/22 95 puts
$TQQQ 10/22 100 puts
OptionsExpiration
==Expired==
AMC 10/22/2021 37.0 Diagonal Call
AMC 10/22/2021 39.0 Diagonal Call
AMC 10/22/2021 40.0 Diagonal Calls
AMC 10/22/2021 65/43 Bear Call Spreads
LABU 10/22/2021 61.0 Diagonal Call
LABU 10/22/2021 58.0 Diagonal Call
LABU 10/22/2021 51.0 Diagonal Put
LABU 10/22/2021 49.0 Diagonal Put
SQQQ 10/22/2021 9.0 Covered Calls
TLRY 10/22/2021 14.0 Covered Calls
TLRY 10/22/2021 15.5 Diagonal Calls
TNA 10/22/2021 105/94 Bear Call Spread
TNA 10/22/2021 110/94 Bear Call Spread
TQQQ 10/22/2021 180/143 Bear Call Spreads
TQQQ 10/22/2021 80/122 Bull Put Spreads
VXX 10/22/2021 56/36 Bear Call Spread
VXX 10/22/2021 50/28.5 Bear Call Spread
VXX 10/22/2021 28.0 Diagonal Call
VXX 10/22/2021 27.5 Diagonal Call
VXX 10/22/2021 27.0 Diagonal Call
VXX 10/22/2021 26.5 Diagonal Call
VXX 10/22/2021 26.0 Covered Calls
VXX 10/22/2021 22.0 Covered Calls
VXX 10/22/2021 21.5 Diagonal Puts #VXXContango
#soxl #optionsexpiration soxl 40 put…
TNA Call Rollup
Last minute trade
Bought to close 1 TNA Oct 22 2021 92.5 Call at $0.38. Sold this on 10/15/21 at $2.34.
Replaced it with a TNA Oct 29 2021 95.0 Call at $1.01
#f sto 29 OCT 2021…
#f
sto 29 OCT 2021 16 PUT @.32
ROKU
Interesting…
https://bit.ly/3b2r1hh
TQQQ Call Rollup
Bought to close 1 TQQQ Oct 22 2021 141.0 Call at $0.96. Sold this on Monday at $1.20.
Replaced it with 1 TQQQ Oct 29 2021 145.o Call at $1.73
Waiting for a couple of 143 calls to expire in an hour
TSLA Call Rollup
Rolling the last of my three short calls written against my long December Calls.
Bought to Close 1 TSLA Oct 22 2021 890.0 Call / Sold to Open 1 TSLA Oct 29 2021 910.0 Call at $0.45 Credit.
The original spread from Monday was actually working. I was down less than a point on the short and up over 6 points on the long.
LABU
#ShortPuts – Taking some profits this week and re-setting.
Bought to Close LABU OCT 22 2021 51.5 Puts @ .20 (sold for 1.65)
Bought to Close LABU OCT 22 2021 52.0 Puts @ .45 (sold for 1.25)
Bought to Close LABU OCT 22 2021 52.5 Puts @ .80 (sold for 1.12)
Bought to Close LABU OCT 22 2021 53.0 Puts @ 1.20 (sold for 1.65 avg)
Sold LABU OCT 29 2021 49.0 Puts @ 1.00
Sold LABU OCT 29 2021 50.0 Put @ 1.35
Sold LABU OCT 29 2021 51.0 Put @ 1.75
Sold LABU NOV 5 2021 47.0 Puts @ 1.15
Sold LABU NOV 5 2021 48.0 Puts @ 1.49
BITO Puts
First trade in this name. Staying small.
Bought to open 1 BITO Dec 17 2021 27.0 Put at $0.52
Sold to Open 1 BITO Oct 29 2021 37.0 Put at $0.62.
#OnlySpreads
SPX trades
#SPX5dte Sold to close $SPX Oct 25th 4515/4395 put spreads for 2.00. Holding calls for now. Condors bought for 14.85 on Monday.
GOOGL
I don’t trade this but i thought I would share the chart. Looks bearish to me
VXX Put Rolldown
Bought to close VXX Oct 22 2021 22.5 Puts/ Sold to Open VXX Oct 29 2021 22.0 Puts at $0.03 Credit. More importantly I lowered the short strike $0.50.
Also rolled a big VXX Oct 22 2021 23.50 Put position to next week’s 23.50 Puts for a $0.30 Credit.
EWZ
#ShortPuts – Adding.
Sold EWZ NOV 19 2021 29.0 Put @ 1.25
LABU
#ShortPuts – Small rolls of my 2 highest strikes. Waiting on the rest.
Rolled LABU OCT 22 2021 54.0 Put to OCT 29 2021 53.0 Put @ .41 credit
Rolled LABU OCT 22 2021 53.5 Put to OCT 29 2021 52.5 Put @ .65 credit
SNAP
Going to be #CoveredCalls – Sold SNAP OCT 29 2021 60.0 Calls @ 1.72
SNAP
#ShortCalls – I’ll be owning a little bit of this after today. Every little bit helps now. Sneaking in an extra call sale this week.
Sold SNAP OCT 22 2021 65.0 Calls @ .50
TQQQ Rollup
Bought to close 1 TQQQ Oct 22 2021 136.0 Call / Sold to Open 1 TQQQ Oct 29 2021 137.0 Call at $0.27 Credit.
Bought to close 1 TQQQ Oct 22 2021 139.0 Call / Sold to Open 1 TQQQ Oct 29 2021 142.0 Call at $0.10 Credit.
TSLA Call Rollups
Rolling two of my three short calls written against my long December Calls.
Bought to Close 1 TSLA Oct 22 2021 830.0 Call / Sold to Open 1 TSLA Oct 29 2021 835 Call at $1.05 Credit.
Bought to Close 1 TSLA Oct 22 2021 860.0 Call / Sold to Open 1 TSLA Oct 29 2021 870 Call at $1.05 Credit.
Added another $200 in cash to the account and lowered my spread requirements $1500.
I believe that I will be able to roll these up weekly until they finally expire.
SLV Puts
Bought to Close SLV Oct 22 2021 22.5 Puts at $0.05.
I’ve been rolling this position weekly (laterally and for credits each time) for a couple of months after I got too aggressive on Silver.
Sold this last week at $0.89 on a roll.
BITO
Tastytrade just addressed something I’ve been wondering about on this one. Since it’s made up of over 90 percent of bitcoin futures there will be some contango drag on it. They’re estimating a little over 1 percent per month or about 15 percent per year. Hard to tell how bad that’s gonna be over time…
FWIW
LABU Put Roll
#shortputs
$LABU BTC 10/22 52.50 put and STO 10/29 51.50 put at added credit of .75
HOOD earnings
#ShortPuts – A couple early starters for next week.
Sold HOOD OCT 29 2021 38.0 Put @ .95
Sold HOOD OCT 29 2021 38.5 Put @ 1.12
Sold HOOD OCT 29 2021 39.0 Put @ 1.32
Bought to Close BABA NOV…
Bought to Close BABA NOV 19 2021 155 PUT @1.88 (sold for 6.70 only 9 days ago)
In my opinion, BABA is free money down here. Who knows though! #winniethepooh
SNAP earnings
#JadeLizards – Just a little one for fun.
Sold SNAP OCT 22 2021 70.0/78.0/80.0 Jade Lizards @ 2.03
SPX trades
#SPX5dte Bought to Open $SPX Oct 27th 4510/4530-4540/4560 condors for 14.75, with SPX at 4536.
HOOD pre earnings
#ShortPuts – Just a little quickie prior to earnings next week.
Bought to Close HOOD OCT 22 2021 39.5 Puts @ .05 (sold for .75)
PINS
#CoveredCalls – Getting these out of immediate danger of early exercise. Will sit on the sidelines and see what shakes out. If the deal falls through I’ll roll back in and down and resume normal trading on it.
Rolled PINS OCT 22 2021 54.0 Calls to JAN 19 2024 70.0 Calls @ 1.70 credit
Rolled PINS OCT 22 2021 55.0 Calls to JAN 19 2024 70.0 Calls @ 2.70 credit
EWZ
#ShortPuts – Added.
Sold EWZ NOV 19 2021 30.0 Put @ 1.25
VXX1 Puts
Old pre-split contracts.
Sold VXX1 Jan 21 2022 5.0 Puts at $0.62. Bought this lot on 02/03/21 at $0.08
One last lot to go.
TTWO stock
Sold my small bit of TTWO at $175.55.
Bought this on 09/17 at $149.45 and I was never able to average down.
MSTR Call Roll / LABU Put Roll
#coveredcalls
$MSTR BTC 10/22 800 call and STO 10/29 800 call at added credit of 14.10.
#shortputs
$LABU BTC 10/22 53 put and STO 10/29 52 put at added credit of .97
TQQQ,
BTC October 29, 140 put at 2.77, sold at 3.90 on Tuesday. The yield on the 10 year not is making me nervous.
PINS any ideas?
#CoveredCalls – Long stock covered this week at 54 and 55 strikes. With the PayPal buyout rumor (possibly as high as 70 per share) I’m wondering…
Can I roll my short calls out to something like Jan 2024 70 strike to take advantage of the buyout?
What happens to out of the money short calls when the buyout happens?
Do I get hit for buying them back for whatever they’re worth on the last day of trading?
Do they just go away and then the stock gets bought?
I’m willing to hold the stock a lot longer if it means another 10-15 points of upside. Any ideas?
SPX trades
EWZ
#ShortPuts – Adding.
Sold EWZ NOV 19 2021 30.5 Put @ 1.25
VXX Puts
A new #VXXContango spread
Bought to Open VXX Jan 21 2022 15.0 Puts / Sold to open VXX Oct 22 2021 21.5 Puts at $0.03 Credit.
Long DTE = 93
Short DTE = 2
VXX1 Puts
I continue to liquidate this old per-split position
Sold to close VXX1 Jan 21 2022 5.0 Puts at $0.57 (equal to strike 20 Puts at $2.28)
Bought these in the winter of 2020.
I have more that I will try to sell even higher.
2 lots to go
TQQQ
#ShortPuts – Just a little starter. Hoping to add a lot more.
Sold TQQQ NOV 19 2021 120.0 Put @ 2.10
TSLA earnings
#ShortPuts – Going out a few weeks and selling nearly two times the expected move, below all the major moving averages, and at recent lows. Is it enough? We’re going to find out. LOL
Sold TSLA NOV 19 2021 675.0 Put @ 5.15
TQQQ,
STO November 19, 110 put at 1.23
TQQQ,
STO November 19, 110 put at 1.21 in my IRA
BITO Time for a test…
BITO
Time for a test 🙂
STO BITO Dec17’21 30 PUT @ $1.05
STO BITO Dec31’21 30 PUT @ $1.45
TQQQ Call
Sold 1 TQQQ Oct 22 2021 143.0 Call at $1.87
EWZ
#ShortPuts – Back in this one again. Not quite the same premium as last time but close. Starter looking to add on more weakness.
Sold EWZ NOV 19 2021 31.0 Put @ 1.05
Sold EWZ NOV 19 2021 31.5 Put @ 1.23
Sold EWZ NOV 19 2021 32.0 Put @ 1.47
COIN Stock
Sold off my first and highest cost lot of COIN at $313.00.
Bought this on 4/21/2021 at $310.00.
Averaged down over the next few months and my avg cost is about 262.
BITO
Following the record volume for an ETF’s opening day yesterday for the first Bitcoin (futures) ETF, today could be even more ‘exciting’ as options on the ProShares Bitcoin Strategy ETF (BITO) start trading on the NYSE Arca Options and NYSE American Options exchanges. BITO is trading at yesterday’s highs in the pre-market…
The fund made history, not just for being the first Bitcoin futures exchange-traded fund to trade in the U.S., but also for recording the highest ever “natural” day one trading volume.
A total of 24.313 million shares were traded on Tuesday and the fund ended the day with about $1 billion in trading volume, according to Bloomberg’s ETF Strategist Eric Balchunas.
AMAT Put Close / ALB Put
#shortputs
$AMAT BTC 11/19 120 put at $1.00. STO at 3.50. Thank you @ramie77
$ALB STO 11/19/210 put at $3.00
KWEB
#ShortPuts – Just taking these as they come along. Another “half of max” in just a couple days.
Bought to Close KWEB NOV 19 2021 46.0 Puts @ .53 (sold for 1.08)
REGN pre earnings
#ShortPuts – Stock hasn’t done much but premium has really been sucked out of it. Taking over half in a day.
Bought to Close REGN OCT 29 2021 515.0 Put @ 1.60 (sold for 3.50)
BABA ROKU
#ShortPuts – 80 percent of max in just a few days so good enough. Looking for some earnings opportunities now.
Bought to Close BABA OCT 29 2021 150.0 Put @ .35 (sold for 2.50)
Bought to Close ROKU OCT 29 2021 300.0 Put @ .58 (sold for 3.05)
Options Bistro 