Rolled AMC Jun 25 2021 38.0 Calls to AMC Jul 02 2021 38.0 Calls at $0.27 Credit.
Not as big a credit for an additional week as last Friday and the stock is almost 7 points lower. Doesn’t make much sense.
But neither does the stock price 😦
Recent Updates Page 156
TLRY Call Rollup
Bought to Close TLRY Jun 25 2021 17.5 Covered Call/ Sold to Open TLRY Jul 02 2021 18.5 Covered Calls @ $ 0.08 Credit plus another point higher on the strike price.
Bought to Close TLRY Jun 25 2021 18.0 Diagonal Calls / Sold to Open TLRY Jul 02 2021 19.5 Diagonal Calls @ $ 0.22 Credit plus another 1.50 points higher on the strike price.
Waiting until the close to see if my 18.5 calls expire
SPCE
Could this be the next GME/AMC/TSLA spread candidate?
Waiting for higher strikes before venturing in
VXX Put Rolls
Bought to Close VXX Jun 25 2021 30.5 Puts / Sold to Open VXX Jul 02 2021 30.0 Puts at $0.20 Credit
Bought to Close VXX Jun 25 2021 30.0 Puts / Sold to Open VXX Jul 02 2021 29.0 Puts at even Money
Bought to Close VXX Jun 25 2021 29.5.0 Puts / Sold to Open VXX Jul 02 2021 28.0 Puts at $0.03 Credit
Waiting to see if my VXX 29.0 Put expires.
#VXXContango
UPST Put Close
#shortputs
$UPST BTC 6/25 123 put at 1.75. STO at 2.60 this morning
IWM
Russell 1000/2000 rebalance at the close. Some favorite names traded at Option Bistro on the lists:
(Fuzzy I’m talking to you 🙂 )
https://www.zerohedge.com/markets/russell-bursting-money-losing-zombies-after-todays-rebalance
VXX1
- still able to write these until they’re gone
Sold to open VXX1 Jul 16 2021 7.0 Puts at $0.28
This gives me a Long Calendar Butterfly spread with my ( already long ) puts being Jan 2022 6.0 Puts and Jun 2022 8.0 Puts.
#VXXContango trade with no downside risk.
TQQQ Put Close / ALB Call Roll
#shortputs
$TQQQ BTC 7/9 70 put at .05. STO at .90. Thank you @jsd501
#coveredcalls
$ALB BTC 7/16 170 call and STO 8/20 175 call at added credit of 2.95 and added $5 if called away.
TQQQ Call rollup
Bought to close TQQQ Jun 25 2021 115.0 Calls / Sold to Open TQQQ Jul 02 2021 117.5 Calls at $0.20 Net Credit
SNOW Put Close and Open / COUP Put Close / UPST Put / VLO Put Close /RBLX Call Close
#shortputs
$SNOW BTC 7/2 230 put at .80. STO at 4.70. Thank you @jsd501
$SNOW STO 7/2 235 put at 1.25 Thank you @fuzzballl
$COUP BTC 7/16 195 put at .30. STO at 3.30. Thank you @fuzzballl
$UPST STO 6/25 123 put at 2.60
$VLO BTC 7/2 80 put at .60. STO at 3.86.
#coveredcalls
$RBLX BTC 7/2 92 calls at 1.40. STO at 6.45
AMC Rollup Call
Bought to close AMC Jun 25 2021 53.0 Calls at $1.38. Sold last Friday on another rollup at $13.55.
Replaced it with short AMC Jul 02 2021 60.0 Calls at $3.01.
So a Net Credit of $1.63 plus a 7 point bump in the short strike, putting it well out of the money for now.
LABU
#ShortPuts – Let’s see if Mr. Market will come and get this one.
Sold LABU JUL 2 2021 72.0 Put @ 1.60
SNOW TNA
#ShortPuts – Selling one for fun and cleaning up some scraps I missed yesterday.
Sold SNOW JUL 2 2021 235.0 Put @ 1.55
Bought to Close TNA JUL 16 2021 75.0 Put @ .45 (sold for 1.50)
Bought to Close TNA JUL 16 2021 80.0 Put @ .65 (sold for 1.70)
KMX Earnings
#BullPutSpreads – Closed a little early but I’ll take it for a quickie.
Bought to Close KMX JUN 25 2021 125.0/120.0 Bull Put Spread @ 1.09 (sold for 3.26)
COIN Put Close
Bought to Close 1 COIN Jun 25 2021 197.5 Put at $0.05. It won’t trade any lower
Sold on Monday @ 1.18
TQQQ Put Close
#shortputs
$TQQQ BTC 6/25 110 put at .14. STO at 3.00. Many thanks @jsd501
KMX Earnings
#BullPutSpreads – Going full bullish on this one. Used car market has been crazy. But…if I’m wrong I’ll get the stock at a decent basis.
Sold KMX JUN 25 2021 125.0/120.0 Bull Put Spread @ 3.26
SPX trades
#SPX1dteLong Bought to Open $SPX June 30th 4245/4265-4275/4295 condors for 13.60, with SPX at 4268. This is first time I have paid less than 14 for this trade.
GOOGL,
BTO 2460/2475/2480 butter fly at 5.50 for a small trade of 2 contracts.
ALGN, STO August 20, 540…
ALGN, STO August 20, 540 put at 13.60 with stock at 623 but earnings are on July 28 so I am taking a chance that earnings will be good.
TQQQ,
BTC June 25, 80 put at .01, sold at 1.25 and that is all for this week.
#tqqq BTC TQQQ 30 JUL…
BTC TQQQ 30 JUL ,85 PUT @1.03 had sto 7 days ago for $2.25 avg.
little more then 50% return in 7 days/no sense sitting on melting ice (theta) for another 36 days.
will reload on next drop.
TLRY
Sold to open TLRY Jun 25 2021 18.5 Diagonal Calls at $0.30
LABU LAZR SNOW SOXL
#ShortPuts – I’m not necessarily getting bearish but with over 3 weeks to go on most of these taking anything that’s in the 60 percent of max or better gain area.
Most of these were standing orders that gradually filled at .05 below mid price.
Bought to Close LABU JUL 16 2021 58.0 Put @ .70 (sold for 2.95)
Bought to Close LABU JUL 16 2021 59.0 Put @ .80 (sold for 2.80)
Bought to Close LABU JUL 16 2021 60.0 Put @ .95 (sold for 2.55)
Bought to Close LABU JUL 16 2021 61.0 Put @ 1.05 (sold for 2.20)
Bought to Close LABU JUL 16 2021 62.0 Put @ 1.15 (sold for 2.50)
Bought to Close LABU JUL 16 2021 63.0 Put @ 1.35 (sold for 3.20)
Bought to Close LAZR JUL 2 2021 21.5 Put @ .17 (sold for 1.10)
Bought to Close LAZR JUL 2 2021 22.0 Put @ .22 (sold for 1.30)
Bought to Close LAZR JUL 9 2021 21.5 Puts @ .30 (sold for 1.00)
Bought to Close LAZR JUL 9 2021 22.0 Puts @ .40 (sold for 1.10)
Bought to Close SNOW JUL 16 2021 220.0 Put @ 1.50 (sold for 5.50)
Bought to Close SOXL JUL 16 2021 33.0 Put @ .45 (sold for 2.20)
Bought to Close SOXL JUL 16 2021 34.0 Put @ .60 (sold for 2.10)
Bought to Close SOXL JUL 16 2021 35.0 Put @ .70 (sold for 2.45)
Bought to Close SOXL JUL 16 2021 36.0 Put @ .85 (sold for 2.25)
Bought to Close SOXL JUL 16 2021 37.0 Put @ 1.10 (sold for 2.50)
BIIB pre earnings
#ShortPuts – Jumping back in. Selling week before earnings at the expected move and back closer to the pre-announcement level.
Sold BIIB JUL 16 2021 325.0 Put @ 4.00
PINS
#ShortPuts – Bought to Close PINS JUL 9 2021 60.0 Puts @ .12 (sold for .95)
COIN SNOW SPY TDOC TQQQ
#ShortPuts – Trimming some July positions that were nicely profitable with over 3 weeks to go.
EDIT: Added SNOW trade
COIN: Taking it on the bounce.
Bought to Close COIN JUL 16 2021 205.0 Put @ 3.60 (sold for 5.10)
Bought to Close COIN JUL 16 2021 205.0 Put @ 3.70 (sold for 6.00)
SNOW: Nice bounce.
Bought to Close SNOW JUL 16 2021 215.0 Put @ 1.40 (sold for 4.40)
SPY: Didn’t get a chance to add.
Bought to Close SPY JUL 16 2021 390.0 Put @ .79 (sold for 2.05)
TDOC: I’ll take the quickie.
Bought to Close TDOC JUL 23 2021 135.0 Put @ .85 (sold for 2.45)
TQQQ: Taking well over half of max.
Bought to Close TQQQ JUL 16 2021 90.0 Put @ .72 (sold for 2.00)
Bought to Close TQQQ JUL 16 2021 95.0 Put @ 1.02 (sold for 2.25)
TLRY
Sold TLRY Jun 25 2021 18.0 Diagonal Calls at $0.42
VXX Put rolldown
Rolled my 06/25/2021 33.50 and 33.00 Diagonal Puts down 0.50 to 33.0 and 32.50 for next week @ 0.05 Credit.
At the same time I sold 1 VXX Jul 30 2021 46.0 Covered Call at $1.15
VXX
Another long term #VXXContango trade
Bought to open VXX Jan 20 2023 5.0 Put / Sold to Open VXX Jun 25 2021 29.5 Put at $0.10 Credit
Long DTE = 576
Short DTE = 2
At the same time I sold 1 VXX Jul 23 2021 46.0 Covered Call at $0.79
AMC GME
GameStop Is Joining the Russell 1000, but AMC Isn’t.
TQQQ,
BTC June 25, 60 put at .01, sold at 1.30
I have one more expiration this week.
SPX trades
#SPX7dteLong Bought to Open $SPX June 28th 4225/4245-4255/4275 for 14.10. Partially filled when SPX was at 4247. The rest filled before the bell.
Sold to Close June 23rd 4185/4205 call spreads for 19.40. Condors bought for 17.15 last Thursday. Taking profit early to avoid any surprises tomorrow.
VXX
A really looooong #VXXContango trade
Bought to open VXX Jun 16 2023 5.0 Put / Sold to Open VXX Jun 25 2021 30.5 Put at $0.06 Credit
Short DTE = 3
Long DTE = 724
NVDA
#ShortStrangles – Some crazy price targets being thrown around on this thing. Taking the one day profit here and waiting for the split now.
Bought to Close NVDA JUL 2 2021 675.0/850.0 Strangle @ 3.24 (sold for 5.55)
TQQQ,
STO August 20, 85 put at 2.28
LABU
#ShortPuts – Adding.
Sold LABU JUL 16 2021 63.0 Put @ 3.20
LABU
Sold 1 LABU Jun 25 2021 65.0 Put at $1.01
#OnlySpreads
TQQQ
Sold 1 TQQQ Jun 25 2021 115.0 Call at $1.87 adding to my position
#OnlySpreads
TQQQ
#BullPutSpreads – Taking about a dollar out of these as it approaches all time highs again.
Bought to Close TQQQ JUL 2 2021 115.0/110.0 Bull Put Spreads @ 1.98 (sold for 2.95 average)
GME exit
I could have sold this last week at roughly $12 but I kept it and sold a shorter 280 call @ $12 instead. That one expired. Liquidating my long now.
Sold to close 1 GME Jul 02 2021 400.00 Call at $4.48.
Totally out of GME for now
SPX trades
#SPX7dteLong Bought to Open $SPX June 25th 4200/4220-4230/4250 condors for 15.25, with SPX at 4224.
TQQQ,
BTC June 25, 60 put at .01, sold at 1.30 in my IRA. I am still waiting to be filled on the trading account.
ROKU
#ShortPuts – Nice run on this one. Taking 75 percent of max nearly a month early.
Bought to Close ROKU JUL 16 2021 310.0 Put @ 1.65 (sold for 6.00)
NVDA
#ShortStrangles – 4 for 1 split on 7/20 and earnings not until August. Decent margin for this in a PM account so taking a shot. Was originally looking at July monthly but decided to stick to shorter term. Selling at the expected move to the downside with stock already down a lot today. Selling at 3 times the expected move to the upside.
Sold NVDA JUL 2 2021 675.0/850.0 Strangle @ 5.55
AMC strangle
Small position (1 contract). Sold Jul 16 40/145 strangle @ 9.67.
TQQQ,
BTC July 2, 110/115 bull put spread at 2.35, sold at 2.70
STO July 2, 110 put at 3.20
AMC Put
Sold AMC Jun 25 2021 27.0 Put at $0.19 replacing a similar put that expired Friday
TLRY
Sold TLRY Jun 25 2021 17.5 Calls at $0.61 replacing similar calls that expired Friday
TQQQ
Sold 1 TQQQ Jun 25 2021 115.0 Call at $1.20 replacing my 112.0 Call that expired Friday.
#OnlySpreads
VXX
Sold 1 VXX Aug 20 2021 46.0 Covered Call at $3.60. Adding to my position at 0.45 more premium than my sale 2 weeks ago.
Sold 1 VXX Jul 16 2021 46.0 Covered Call at $1.86. Adding to my position at 2 points less than the one I sold on 5/10.
COIN
#ShortPuts – In a different account.
Sold COIN JUL 16 2021 205.0 Put @ 6.00
COIN
#ShortPuts – First time in this one. Selling at the expected move and about 3 weeks before earnings.
Sold COIN JUL 16 2021 205.0 Put @ 5.10
OptionsExpiration
==Expired==
AMC 06/18/2021 29.0 Diagonal Put
AMC 06/18/2021 28.0 Diagonal Puts
AMC 06/18/2021 27.0/2.0 Bull Put Spread
GME 06/18/2021 280.0 Diagonal Call
LABU 06/18/2021 64.0/40.0 Bull Put Spread
SLB 06/18/2021 36.0 Diagonal Calls
SLV 06/18/2021 23.5 Diagonal Puts
TLRY 06/18/2021 17.50 Covered Calls
TLRY 06/18/2021 19.0 Diagonal Calls
TQQQ 06/18/2021 112.0/145.0 Bear Call Spread
VXX1 11.0/19.0 Bear Call Spread
VXX1 12.0/20.0 Bear Call Spreads
VXX1 12.0/21.0 Bear Call Spreads
VXX 06/18/2021 35.5 Covered Calls
VXX 06/18/2021 36.0 Covered Calls
VXX 06/18/2021 36.5 Covered Calls
VXX 06/18/2021 37.0 Covered Calls
VXX 06/18/2021 37.5 Covered Calls
VXX 06/18/2021 46.0/64.0 Bear Call Spread
VXX 06/18/2021 48.0/64.0 Bear Call Spread
VXX 06/18/2021 50.0/65.0 Bear Call Spread
VXX 06/18/2021 31.50 Diagonal Put #VXXContango
==Assignments==
Exercised my long VXX1 06/18/2021 9.0 & 10.0 Puts to put some of my long VXX stock back to somebody else at 36.0 and 40.0.
Left over from old #VXXContango trades
VXX just before the close
Rolled VXX 06/18/2021 35.0 Diagonal Calls to next week’s 40.0 Calls for 0.55 Credit
Rolled VXX 06/18/2021 35.50 Diagonal Calls to next week’s 41.0 Calls @ 0.45 Credit
Rolled VXX 06/18/2021 36.0 Diagonal Call to next week’s 42.0 Call @ 0.41 Credit.
I’m betting the premiums for next week drop off on the open on Monday as they typically do
UVXY Rollup
I hadn’t intended to buy back this week’s short but UVXY get above 36 so I made a major rollup
Bought to Close UVXY1 Jun 18 2021 3.5 Covered Calls / Sold to Open UVXY1 Jun 25 2021 4.0 Calls at $0.13 Credit.
Like rolling a strike 35 call to a strike 40 for $1.30 credit for only one more week.
SPY
#ShortPuts – Just a little starter down closer to the 200 day to see what develops. Well outside the expected move.
Sold SPY JUL 16 2021 390.0 Put @ 2.05
SPX trades
#SPX1dte Sold to Open $SPX June 21st 4055/4075-4240/4260 iron condors for 1.10, SPX at 4182, IV 12.6%, deltas -.06 +.06.
Expiring with max credit of 20.00: June 18th 4230/4210 put spreads. Condors bought for 15.20 on Monday.
AMC Rollout
Bought to close AMC Jun 18 2021 38.0 Calls / Sold to open AMC Jun 25 2021 38.0 Calls at $0.56 Credit.
Hoping the next week sees a little less craziness in this stock
TQQQ
#ShortPuts – Filled while I was out. Small add.
Sold TQQQ JUL 16 2021 95.0 Put @ 2.25
#tqqq STO TQQQ 30 JUL…
STO TQQQ 30 JUL 85 PUT @2.30
SPX long condors
#SPX7dteLong Bought to Open $SPX June 23rd 4155/4175-4185/4205 condors for 17.15, with SPX at 4180.
This is only 5 days out but high probability of success with current volatility.
Today’s looks good to expire with 20.00 credit. Wednesday’s expired badly as I had sold the put side on Monday for 6.00, so about a 9.00 loss on that one.
TLT call spread
Sold to open $TLT Jul 16 145/150 bear call spread @ 1.30
COG
another #SP500 stock below it’s 52-week low today.
Added some at 15.75 to keep it on my radar
#Fallingknife
SOXL
#ShortPuts – Adding.
Sold SOXL JUL 16 2021 37.0 Put @ 2.50
WFC Call
Bought to close WFC Jun 18 2021 44 Diagonal Call at $0.01. Sold last week @ 1.65
I also have several 45.50 and 46.0 Calls expiring today
VXX Trades
On the opening spike:
Bought to close 1 VXX Jun 18 2021 32.0 Put at $0.20. Sold on a rolldown last Friday @ 1.43
Bought to close 1 VXX Jun 18 2021 34.0 Put at $1.12. Sold on a rolldown last Friday @ 3.06
Bought to close 1 VXX Jun 18 2021 34.5 Put at $1.67. Sold on a rolldown last Friday @ 3.46
Waiting to see if my short 31.50 Put expires.
Re-wrote at lower strikes for next week
TQQQ,
BTC June 18, 75 put at .01, sold at 2.31, another one bites the dust.
No trades
Interactive Brokers had problems today so I couldn’t place any new combo orders. So no new trades, and I need a 10-point move down to close my spread with profit.
AMC Rollup
Bought to close AMC Jun 18 2021 48.0 Calls / Sold AMC Jun 25 2021 53.0 Calls at $0.05 Credit.
The small credit is a trade off for the 5 point bump in the short strike
LAZR
#ShortPuts – Back in.
Sold LAZR JUL 9 2021 21.5 Puts @ 1.00
Sold LAZR JUL 9 2021 22.0 Puts @ 1.10
TQQQ,
BTC June 18, 65 put at .01 in my IRA, sold at 1.29
BTC June 18, 65 put at .01 in the trading account, sold at 1.31
SLV
#SmallChange
I was about to liquidate my long SLV Aug 21.0 Puts at a gain when I decided to write against it for the third time instead.
Sold SLV Jun 18 2021 23.5 Puts at $0.06
Expires tomorrow
TMV,
STO July 16, 68 put at 2.80
GME
Closing down one of my two Bear Call spreads 2 days early.
My guess is that the long call will drop away faster than the short in the next two days.
Bought to close GME 06/18/2021 260.0 Call / Sold 1 GME 06/25/2021 310.0 Call @ $4.10 Credit
I got a credit on the original spread and ADDED to the credit as I rolled the short up and out for a few weeks.
A #WinWin trade and I remove a $5k spread requirement several days early
