Sold VXX Sep 10 2021 27.5 Diagonal Calls at $0.16
Sold VXX Sep 10 2021 27.0 Diagonal Calls at $0.24
Sold VXX Sep 10 2021 26.5 Covered Calls at $0.32
Sold VXX Sep 10 2021 26.0 Covered Calls at $0.52 & $0.53.
Expires tomorrow.
Recent Updates Page 133
#spx sto 4 OCT 2021…
sto 4 OCT 2021 4375/4370 PUT @.60
Markets
The chart says it all
TQQQ,
BTC September 10, 95 puts at .01, sold at 1.15
SPX trades
#SPX7dteLong Sold to close $SPX Sep 10th 4525/4505 put spreads for 5.00. Leaving call spreads for more upside.
Made the mistake of getting spooked by yesterday’s drop, and did not sell this put side then. I should have heeded the Upside Warning and closed it. But hopefully we can revisit the highs around 4545 tomorrow.
LULU post-earnings
Sold to open $LULU 9/17 450/460 bear call spread @ 1.20 with the stock coming off its post-earnings opening highs.
ABNB
Rolled $ABNB Sep-10-2021 155/165 #BuPS // Oct-10-2021 @1.00 Credit.
Continuing series of rolls since earlier this year.
Nat Gas
Gas prices have gotten all the headlines since Nov but wait until the heating bills hit. BOIL up 265% off the lows. No position for me…yet.
https://bit.ly/3la5doD
SPX trades
#SPX7dteLong Bought to Open $SPX Sep 13th 4485/4505-4515/4535 condors for 14.70, with SPX at 4511.
Today’s 4535/4555 call spread will expire worthless, leaving me only with the 8.00 credit I got for the put side yesterday. Bought for 14.55 last Thursday so 6.55 loss.
#SPX1dte Expected to expire worthless: $SPX Sep 8th 4460/4480-4550/4570 condors, sold yesterday for 1.30.
ABBV Oct
Sold to open $ABBV Oct 15 105 puts @ 1.62. Looks like the low from last week’s selloff could hold with the stock bouncing today. If assigned at 105, dividend yield will be around 5%.
VXX Calls
Sold VXX Sep 10 2021 28.5 Covered Calls at $0.27.
I will add if given the chance at a higher price.
COUP earnings
#ShortPuts – Might reload lower and further out.
Bought to Close COUP SEP 17 2021 240.0 Put @ 1.90 (sold for 3.80)
SOXL,
STO October 15, 35 put at 1.20
ALB Put Close
#shortputs
$ALB BTC 9/17 220 put at 1.00. STO at 8.00
SOXL
#ShortPuts – Adding.
Sold SOXL OCT 15 2021 39.0 Put @ 2.05
LABU Puts
Sold LABU Sep 10 2021 58.5 Puts at $0.35
Paired with a number of short Calls for this week.
Rolling DOCU
Rolled $DOCU 9/17 325/335 bear call spread down to 290/300 for 2.60 credit, to create an iron fly with the 290/280 bull put spread. Total premium taken in 5.40.
COG
Back out of this stock after exiting it at 18.33.
Bought a bit at a new low of 14.68 on Aug 19th and I was never able to average down.
This is my 2nd successful swing trade of this former #Fallingknife
COUP,
BTC September 17, 240 put at 1.95,sold at 4.10 yesterday. Hat tip to Fuzzball for the idea.
SOXL
#ShortPuts – Adding.
Sold SOXL OCT 15 2021 41.0 Put @ 2.10
COUP post earnings
#ShortPuts – Replacing some stock getting called away this week.
Sold COUP OCT 8 2021 230.0 Put @ 4.00
COIN Put
Sold 1 COIN Sep 10 2021 247.5 Diagonal Put at $1.82.
Paired with the COIN 275.0 Call I rolled up to last week at $8.10 for a 247.5/275.0 Strangle with a total Credit of $9.92
https://www.zerohedge.com/crypto/bitcoin-shaken-after-coinbase-ceo-slams-sec-engaging-intimidation-tactics-behind-closed
CLOV Call
#coveredcalls
$CLOV STO 9/10 11.50 call at .75
COIN Call Closed / LABU MRNA Call / TQQQ Put Close
#coveredcalls
$COIN BTC 9/10 280 call at 1.55. STO on 9/3 for 5.66. Stock dropped precipitously and I took the money and ran. Will resell as $COIN rebounds.
$LABU STO 9/10 70 call at 1.00
$MRNA STO 9/10 475 call at 2.75
#shortputs
$TQQQ BTC 9/17 97.5 put at .19. STO at 1.80. Thank you @jsd501
#spx sto SPX 4 OCT…
sto SPX 4 OCT 2021 , 4375/4370 PUT @.55
COIN
#ShortPuts – Missed the morning panic but still looks like a reasonable entry. Selling the expected move and near recent lows.
Sold COIN OCT 8 2021 230.0 Put @ 3.60
BNTX
STO September 17, 340 put at 12.50
VZ
Putting this high yield #FallingKnife on my watch list.
Only about 2% above the 52-week low
QQQ
#Diagonal – Selling front exp just under expected move and covering with a back month long costing about 50% more than the credit received on the short.
Replaces a profitable long DEC 21, 300 Call.
Sold QQQ SEP 21 2021 390.0 Call / Bought NOV 19 2021 405.0 Call Diagonal @ $1.65 debit (hate debits but probably safer that way on this underlying).
COIN
Probably jumped too early here – was looking to get in on a dip – COIN was down about 1.5 when I put this in. Its dropped further since it executed.
STO Coin Sep-17-2021 245/255 #BuPS @1.25 credit.
SPX trades
#SPX7dteLong Sold to close $SPX Sep 8th 4525/4505 put spreads for 8.00. Saving call spreads for the hopeful bounce.
I was travelling last week so was unable to post. For the condor expiring today:
Purchased last Tuesday for 14.30
Sold put side on Thursday for 5.25
Sold call side Friday for 12.00
Total profit: 2.95
VIX
The VIX index increased by 10 percent this morning.
I don’t know if this is going anywhere but it bears watching.
COUP earnings
#ShortPuts – Selling down near the 50 day but slightly inside the expected move.
Sold COUP SEP 17 2021 240.0 Put @ 3.80
#soxl sto 17 SEP 2021…
sto 17 SEP 2021 43 PUT @.80
VXX Calls
Sold VXX Sep 17 2021 32.5 Covered Calls at $0.36 replacing some that expired Friday.
HRL
The only #SP500 stock to hit a 52-week low in quite a while
Bought a bit at 42.50
#Fallingknife
Earnings This Week
Earnings
Earnings spotlight: Tuesday, September 7th: Casey’s General Stores (NASDAQ:CASY), Coupa Software (NASDAQ:COUP).
Earnings spotlight: Wednesday, September 8th: REV Group (NYSE:REVG), GameStop (GME), Lululemon (LULU), RH (NYSE:RH) and ABM Industries (NYSE:ABM).
Earnings spotlight: Thursday, September 9th: Academy Sports (NASDAQ:ASO), FuelCell Energy (NASDAQ:FCEL), Zscaler (NASDAQ:ZS) and H&R Block (NYSE:HRB) and Affirm Holdings (AFRM).
Earnings spotlight: Friday, September 10th: Kroger (NYSE:KR) and Roots (OTC:RROTF).
Expire
Expiring $COIN Sep-03-21 237.5/247.5 Put Vertical. This closes out last weeks roll.
TDOC
#CoveredCalls – Replacing this week’s.
Bought to Close TDOC SEP 3 2021 145.0 Call @ .15 (sold for 2.75)
Sold TDOC SEP 10 2021 143.0 Call @ 3.35
OptionsExpiration
Expired:
AMC 09/03/2021 60/47 Bear Call Spread
AMC 09/03/2021 50/44 Bear Call Spread
AMC 09/03/2021 40.0 Diagonal Puts
AMC 09/03/2021 39.0 Diagonal Puts
COIN 09/03/2021 350/280 Bear Call Spread
COIN 09/03/2021 195/237.5 Bull Put Spread
LABU 09/03/2021 45.0 Diagonal Put
TLRY 09/03/2021 23/16 Bear Call Spreads
TNA 09/03/2021 85.0 Diagonal Put
TQQQ 09/03/2021 118.0 Diagonal Puts
VXX 09/03/2021 53/35 Bear Call Spread
VXX 09/03/2021 53/32.5 Bear Call Spread
VXX 09/03/2021 40/32.5 Bear Call Spreads
VXX 09/03/2021 40/30 Bear Call Spread
VXX 09/03/2021 27.5 Covered Calls
VXX 09/03/2021 24.0 Diagonal Puts #VXXContango
Expiration / Called Away
#optionsexpiration
$TSLA 760 call
$TSLA 750 call
$CRWD 310 call
$AMC 51 call
$CLOV 9 call
#calledaway
$UPST 242.5 call
AMC Call Roll
Bought to close AMC Sep 03 2021 44.0 Call at $0.15. Sold at 3.42 on 08/30.
To replace it, Sold to Open AMC Sep 10 2021 49.0 Call at $1.55
COIN Call Roll
#coveredcalls
$COIN BTC 9/3 272.50 call and STO 9/10 280 call at added credit of .15 and $7.50 more if called away
TQQQ,
STO October 22, 110 put at 2.20
SNOW
#ShortPuts – Taking about 75 percent of max a couple weeks early.
Bought to Close SNOW SEP 17 2021 260.0 Put @ .65 (sold for 3.00)
Bought to Close SNOW SEP 17 2021 265.0 Put @ .75 (sold for 3.00)
PFE Call Roll
#coveredcalls
$PFE BTC 9/3 46.50 call and STO 9/10 47 call at added credit of .05
COIN Call Roll
Bought to close 1 COIN Sep 03 2021 275.0 Call/ Sold 1 COIN Sep 10 2021 280.0 Call at $2.01 Credit + 5.00 better strike
AMC Calls
Bought to close AMC Sep 03 2021 45.0 Calls at $0.01. Sold at $1.67
Bought to close AMC Sep 03 2021 46.0 Call at $0.01. Sold at $2.04
Bought to close AMC Sep 03 2021 48.0 Call at $0.01. Sold at $2.54
SNOW BUPS Close / PFE Put Close / PFE NVAX Call Close
#bups
$SNOW BTC 9/17 245/265 BUPS at .40. STO at 6.60 on 8/10
#shortputs
$PFE BTC 9/3 46.5 put at .02. STO yesterday at .38
#coveredcalls
$PFE BTC 9/3 47.5 call at .05. STO 8/30 at .31
$NVAX BTC 9/3 255 call at .15. STO 8/30 at 2.60
VXX Calls
Bought to close VXX Sep 03 2021 27.0 Covered Calls at $0.01.
Sold to Open VXX Sep 10 2021 28.5 Covered Calls at $0.19
DOCU post-earnings
Post-earnings move up seems to be slowing down. Sold to open $DOCU Sep 17 280/290/325/335 iron condor @ 2.80. Short puts 22 delta, short calls 25 delta.
August Jobs Report
#Jobs — August dips, way below expectations
Gain of +235,000 non-farm payroll jobs, vs. expected gain of 720K.
Unemployment at 5.2%, down by 0.3
U6 unemployment at 8.9%, down by 0.3
Labor force participation 61.7%, unchanged
Wages up 4.3% year over year
July jobs revised up by +110K to +1.053M
June jobs revised up by +24K to +962K
COIN Call Roll
Bought to close 1 COIN Sep 03 2021 270.0 Call/ Sold 1 COIN Sep 10 2021 275.0 Call at $1.10 Credit + 5.00 better strike
Closing ZM
Bought to close $ZM 9/17 270 put @ 1.15. Sold for 3.92 on 8/31. Thanks @fuzzballl !
TQQQ Call Rolls
Bought to close 1 TQQQ Sep 03 2021 146.0 Call / Sold 1 TQQQ Sep 10 2021 148.0 Call at $0.05 Credit + 2.00 better strike
Bought to close 1 TQQQ Sep 03 2021 141.0 Call / Sold 1 TQQQ Sep 10 2021 142.0 Call at $0.05 Credit + 1.00 better strike
SKLZ Sep
Sold to open $SKLZ 9/17 12.50 puts @ 1.15. Stock at 12.20.
VXX Put rolls
Rolled VXX 09/03/2021 25.0 Puts to VXX 09/10/2021 24.0 Puts @ 0.02 Credit and lowered the short strike 1.00 for next week’s short trading week.
Rolled VXX 09/03/2021 26.0 Puts to VXX 09/10/2021 25.5 Puts @ 0.22 Credit and lowered the short strike 0.50 for next week’s short trading week.
Letting this week’s 24.0 puts expire
#VXXContango
TNA Call Rolls
Bought to close TNA Sep 03 2021 85.5 Call / Sold TNA Sep 10 2021 86.0 Call at $0.10 Credit + 0.50 better strike
Bought to close TNA Sep 03 2021 87.5 Call / Sold TNA Sep 10 2021 88.0 Call at $0.20 Credit + 0.50 better strike
More LABU Rolls
Bought to close LABU Sep 03 2021 61.5 Call / Sold LABU Sep 10 2021 62.0 Call at $0.23 Credit + 0.50 better strike
Bought to close LABU Sep 03 2021 67.5 Call / Sold LABU Sep 10 2021 71.0 Call at $0.10 Credit + 3.50 better strike
ROKU
#ShortPuts #JadeLizards – Turning my short put position into a Jade Lizard.
Sold ROKU SEP 17 2021 325.0/335.0 Bear Call Spread @ 5.80
Position is now 325/325/335 @ 10.20
SLV Puts
Rolled SLV short 23.0 Puts to next week @ 0.10 Credit
Rolled SLV short 22.5 Puts to next week @ 0.17 Credit
LABU Call
Bought to close 1 LABU 09/03/2020 69.5 Call @ $0.77. Sold on 09/01 @ $0.98.
Replaced it with 1 short LABU 09/10/2021 74.0 Call @ $1.12
TQQQ,
BTC September 3, 85 puts at .01, sold at 1.20
#SOXL STO 21 JAN 2022…
VXX Calls
Bought to close 1 VXX Sep 03 2021 46.0 Covered Call at $0.01. Sold on 08/02 at $1.14
Bought to close VXX Sep 03 2021 32.5 Covered Calls at $0.01. Sold on 08/24 & 08/25 at $0.24 and $0.26
Scalping a bit more premium selling 1 VXX Sep 03 2021 27.0 Covered Call @ 0.08
and selling VXX Sep 03 2021 27.5 Covered Calls @ 0.06 for tomorrow.
Also sold VXX Sep 10 2021 28.0 Diagonal Calls at $0.36 for next week’s short trading week.
SOXL,
STO January 30 put at 2.40
NVDA
BTC $NVDA 3 Sep-10-21 195/205 Put Vertical @ 0.12 Limit. Was sold @1.31 Aug-24-2021
#tqqq btc 1 OCT 2021…
btc 1 OCT 2021 95 PUT @.75 /sold for 1.30
out now
# SOXL
STO SOXL 17 SEP 2021 43 PUT @1.10
SPX trades
#SPX7dteLong Sold to close $SPX Sep 3rd 4535/4555 call spreads for 10.50. Put side sold for 8.00 on Tuesday. Condors bought for 13.75 so total profit of 4.75.
COIN Call
Sold 1 COIN Sep 03 2021 275.0 Diagonal Call at $3.07
#soxl sto 15 OCT 2021…
sto 15 OCT 2021 40 PUT @2.05
thanks fuzzball
LABU Calls
Sold 1 LABU Sep 03 2021 69.5 Call at $0.98
Sold 1 LABU Sep 03 2021 67.5 Call at $2.70
AMC Puts
Looking to balance out my too numerous short calls
Sold AMC Sep 03 2021 40.0 Puts at $0.37
Sold AMC Sep 03 2021 39.0 Puts at $0.31
VXX Puts
Sold VXX SEP 03 2021 24.0 Puts at $0.14
Options Bistro 