Rolled the other half of the 40.50 covered calls with WBA @ 40.98
Bought to close WBA Dec 18 2020 40.5 Call / Sold to Open WBA Dec 31 2020 41.0 Call at $0.48 Credit and added 0.50 to the strike price.
Recent Updates Page 168
VXX Put Rolls
Bought to close to Close VXX Dec 18 2020 21.5 Puts / Sold to Open VXX Dec 24 2020 21.5 Puts @ 0.10 Credit.
Bought to close to Close VXX Dec 18 2020 20.5 Puts / Sold to Open VXX Dec 24 2020 20.5 Puts @ 0.15 Credit.
TQQQ – Calendar Condor
#BoredToDeathTrade – did a 2nd one
Buy to Open 1 TQQQ Jan 15 2021 100 Put at $0.77
Sell to Open 1 TQQQ Dec 24 2020 155 Put $1.00
Sell to Open 1 TQQQ Dec 24 2020 185 Call at $1.76
Buy to Open 1 TQQQ Jan 15 2021 220 Call at $1.14
Total Credit 0.85
#earningsNKE Reports tonight STO 8…
#earningsNKE
Reports tonight
STO 8 Jan IC 125/130/150/155 for 1.65
IV 41.6
Short deltas
130, .25
150, .23
SNOW
#ShortCalls – Forgot I had this order in. Sold against some short puts…
Bought to Close SNOW DEC 18 2020 375.0 Call @ .05 (sold for 1.30)
OSTK
#ShortPuts #CoveredCalls – Replacing stock getting called away…
Sold OSTK DEC 31 2020 57.5 Puts @ 1.30
OSTK
#ShortPuts – adding…
Sold OSTK JAN 08 2021 52.5 Puts @ 1.35
TQQQ
Taking a page out of the @jsd501 book. Sold $TQQQ Jan 8 130 put @ 2.01.
RIOT
STO 25 Dec, 8.5 Put for .30
$QS, STO Feb15 put 45…
$QS, STO Feb15 put 45 strike at 10.70, higher now. naturally a speculative trade but wouldn’t mind to own at that BEP
PII, BTC 95 put at…
PII, BTC 95 put at .05, sold at 2.40
TSLA, BTC 450 put at .05, sold at 6.10
These expire today.
AMZN NVDA BABA BUPS Closed
#bups
$AMZN BTC 12/18 3090/3100 at .10. STO at 4.00 on 11/30
$NVDA BTC 12/18 500/510 at .10. STO at 3.40 on 11/20
$BABA BTC 12/18 250/260 at .76. STO at 1.10 on 11/6
TSLA
#ShortCalls – Keeping all my short puts going. Closing this for safety in case of big buying tomorrow. This leaves the 550 put side of the strangle for tomorrow @ 8.25 credit.
Bought to Close TSLA DEC 18 2020 720.0 Call @ 4.14 (sold for 3.30)
FROG Put Roll (Delicious) / NVAX COUP Put Closed / MARA Put
#shortputs
$FROG BTC 12/18 65 put and STO 1/15 60 put at added credit of 1.20
$NVAX BTC at .70. Rolled twice. Total premium earned 9.10
$COUP BTC 12/31 275 put at .80. STO at 4.00. Thanks @fuzzballl
$MARA STO 12/18 9 put at .40
TQQQ, In my IRA, STO…
TQQQ, In my IRA, STO December 31, 142 put at 1.45
JKS, BTC December 18, 50…
JKS, BTC December 18, 50 puts at .05, sols at 1.65
NFLX
#BullPutSpreads – Taking it 3 weeks early…
Bought to Close NFLX JAN 8 2021 450.0/400.0 Bull Put Spread @ .85 (sold for 4.31)
SPX trades
#SPX7dteLong Bought to Open $SPX Dec 23rd 3690/3710-3720/3740 iron condors for 16.10, with SPX at 3718.
TQQQ, BTC December 18, 90…
TQQQ, BTC December 18, 90 puts for .01, sold at 2.35 in my IRA. Finally getting some fills.
SQ
BTC on GTC order….. SQ 15 JAN 21 165 PUT @.35…..Orig STO @2.00 on 12/9……#shortputs…
AVLR,
STO February 19, 155 put at 6.00 with stock at 177
ZS,
STO February 19, 165 put at 7.05, stock at 188 and this expires one day after earnings.
#closing #shortputspread AMZN #longcallspread HD…
#closing #shortputspread AMZN #longcallspread HD
AMZN Dec. 3, sold Jan. 15, 3040/3050 put spread for 3.33, bought today for 2.40
HD Dec. 2, bought a Jan. 15, 270/280 call spread for 4.38, finally turned slightly profitable, sold today for 4.80
VXX Puts
#VXXContango Special
Buy to Open VXX Jun 18 2021 7 Puts / Sell to Open VXX Dec 18 2020 16.5 Puts $0.04 Credit.
Short = 1 DTE
Long = 183 DTE
TQQQ – Calendar Condor
#BoredToDeathTrade
Buy to Open 1 TQQQ Jan 15 2021 100 Put at $0.87
Sell to Open 1 TQQQ Dec 24 2020 155 Put $1.08
Sell to Open 1 TQQQ Dec 24 2020 185 Call at $1.64
Buy to Open 1 TQQQ Jan 15 2021 220 Call at $1.10
Total Credit 0.75
COST BUPS Closed
#bups
$COST BTC 12/18 360/370 BUPS at 1.60. STO 3.40 on 12/4
TQQQ, STO December 31, 142…
TQQQ, STO December 31, 142 put at 1.51
NVAX
BTC NVAX 12/18/2020 95/105 #BuPS @0.05.
End of a couple wins followed by rolls at just above break-even.
TQQQ,
STO December 24, 153 put at 1.02,
TQQQ,
BTC December 18, 75 puts at .01, sold at 5.00
SPXpire
#SPX7dteLong Expiring at max credit of 20.00: $SPX Dec 16th 3670/3690 call spreads. Condors bought for 16.65 last Thursday.
#SPX1dte Expiring worthless: Dec 16th 3580/3600-3745/3765 condors, sold yesterday for .90
VXX
Just before the Fed announcement in case things got crazy:
Bought to Open VXX Jan 15 2021 41.0 Calls / Sold to Open VXX Dec 18 2020 18.0 Calls @ 0.02 Credit.
The short is very easy to roll up but I don’t think I’ll need to.
I do expect I’ll have some free longs by Friday that I can write against several more times.
TSCO Puts Gone / SWI Mishmosh / TSLA Put Closed / Z Put / VXX Rolled
#shortputs #earnings
$TSCO BTC 12/18 140 put at .40. Been rolling since 10/20 on earnings trade gone awry. I now have vertigo on the wane and $125 for my spinning.
#longcalls #shortputs #bups #Mishmosh
$SWI BTO 1/15/2021 17.50 calls at 2.40
$SWI STO 1/15/2021 20 puts at 3.00
$SWI STO 2/19/2021 10/17.50 BUPS at 1.85
#shortputs
$TSLA BTC 12/18465 put at .65. STO at 4.65. Way to go @fuzzballl
$Z STO 12/18 130 put at .70.
$VXX BTC 12/18 21 and STO 12/24 21 at added credit of .20. Sold against long put. Channeling @optioniceman
ABNB
Take a look at this trade
ABNB
STO Jul 90 PUT
BTO Jul 140/160 CALL spread
Credit 5.35
COUP ZM
#ShortPuts – Taking some risk off a couple weeks out. Nice bounce in COUP today…
Bought to Close COUP DEC 31 2020 275.0 Put @ .90 (sold for earnings for 4.00)
Bought to Close COUP DEC 31 2020 280.0 Put @ .99 (sold for 5.30)
Bought to Close ZM DEC 31 2020 325.0 Put @ .55 (sold for 3.34)
MSFT,
STO December 31, 210 puts at 1.36
WBA Roll
Rolled half my covered calls in this account. Letting the rest run until Friday so I can possibly get my highest cost lot called away.
Bought to close WBA Dec 18 2020 40.5 Calls / Sold to Open WBA Dec 24 2020 41.0 Calls @ 0.13 Credit.
Raised the strike price as well.
SHOP, earlier today I BTO…
SHOP, earlier today I BTO December 31, 1070/1090 call spread at 10.60 and,
BTO AMZN, 3225/3240 call spread at 6.95
MSFT
STO December 31, 210 put at 1.36
Fed’s gonna keep it up
Fed commits to keep buying bonds until the economy gets back to full employment
https://www.cnbc.com/2020/12/16/fed-decision-december-2020-fed-commits-to-keep-buying-bonds-until-the-economy-gets-back-to-full-employment.html?utm_term=Autofeed&utm_medium=Social&utm_content=Main&utm_source=Twitter#Echobox=1608145264
SPCE
Rolled SPCE Dec-18-20 30 #ShortPuts // Dec-31-20 30 @ 0.6 credit
Have been rolling these since February. 4.50/share realized to date. Intending to be out before the end of the year.
Markets
VXX Puts
Early Roll to next week
Bought to close to Close VXX Dec 18 2020 22.5 Puts / Sold to Open VXX Dec 24 2020 22.5 Puts @ 0.15 Credit.
RH BWB – Profit Taking
RH currently trading @ $441
Closed out the Long Put credit spread of the BWB, selling the 1x 460 / 2x 440 put spread for a credit of $8. Max profit for a perfect closeout would be $20 – but attack of the gammas by Friday would make that extremely unlikely, unless I went for expiration assignment which I was willing to, but prefer not to do. Trade was placed for a $2.25 credit so net net credit of $10.25. I’ll settle for that.
Leaving the long 1x 410 puts open waiting for a big down move (who knows?).
Original trade placed on November 23:
(RH currently trading @ $442
BTO RH Dec 18, 460 / 440 / 410 Broken Wing Put Butterfly @ $2.25 credit
No risk to the upside (keep the credit) – downside breakeven $415.)
#BWB A #CreditCredit trade
ADS early Rollup
Bought to close to Close ADS Dec 18 2020 70.5 Calls / Sold to Open ADS Dec 24 2020 72.5 Calls @ 0.10 Credit but bumped the strike up 2 points, and above the current stock price.
Illiquid options make this one tough to trade.
I’ll be looking to exit anything in this stock as soon as it makes sense.
GILD
Looks like the stock is headed back down to test the Yearly low. #FallingKnife
I’ll be looking at puts to sell.
NVDA Iron Cockroach – adjustment
Trade placed when NVDA @ $543, currently @ $532. Rolling out the Put spread to Jan 29 buying more time for a debit of $0.49 – so net credit now $5.91. Look to layer on a credit call spread when the 545 / 550 expires on Friday.
Original trade:
(STO NVDA Dec 18, 545 / 550 Call credit spread @$2.16 credit for the $5 wide spread.
STO NVDA Dec 18, 540 / 530 Put credit spread @$4.24 credit for the $10 wide spread).
OSTK
#ShortPuts – Just to stay involved. A new starter position out a couple weeks…
Sold OSTK DEC 31 2020 52.5 Puts @ 1.29
SQ DKNG Puts Closed / NIO Put / BA BUPS Closed
#shortputs
$SQ BTC 12/18 185 put at .05. STO at 2.30. Thank you @ramie77
$DKNG BTC 12/18 48 put at .30. STO at 2.10. One batch left.
$NIO STO 1/15/2021 put at 4.20
#bups
$BA BTC 12/18 220/230 BUPS at 3.01. STO at 5.67. Partial close.
OSTK
#ShortPuts – Wasn’t expecting this nice bounce today but I’ll take it…
Bought to Close OSTK DEC 18 2020 55.0 Puts @ .40 (sold for 1.60)
Bought to Close OSTK DEC 18 2020 54.0 Put @ .30 (sold for 1.25)
Bought to Close OSTK DEC 18 2020 53.0 Put @ .19 (sold for 1.05)
SPX trades
#SPX7dteLong Bought to Open $SPX Dec 21st 3665/3685-3695/3715 iron condors for 16.40, with SPX at 3690.
LABU, RKT
BTC LABU 15 JAN 21 55 PUT @.50…..STO @ 2.67 on 11/24…
BTC RKT 18 DEC 20 20 PUT @.15….STO @ .80 on 11/18…
LAZR
Interesting thread. The comments are something else. How can it be legal for a firm to tweet knowing it will help their positions. Can I do that? 🙂
TSLA again
#ShortPuts – Monday is S&P day. Will it be big buying or big selling? Not sure but I like the high IV so selling next week a little early…
Sold TSLA DEC 24 2020 475.0 Put @ 4.20
TSLA
#ShortPuts #ShortStrangles – Fairly aggressive but only for 3 days…
Selling against this week’s put:
Sold TSLA DEC 18 2020 720.0 Call @ 3.30
Rolling up this week’s put for additional credit:
Rolled TSLA DEC 18 2020 475.0 Put to DEC 18 2020 550.0 Put @ 2.40 credit
Now a 550/720 @ 12.40 for this Friday…
#closing #ironcondor CRM Dec. 4…
#closing #ironcondor CRM
Dec. 4 sold a 190/200/250/260 for 3.04, bought today for 1.97
Interesting…
DoorDash ($51B) is worth nearly 2x Yum Brands, owner of Pizza Hut, Taco Bell, and KFC
Airbnb ($78B) is worth as much as Marriott, Hilton, and Hyatt combined
Snowflake ($93B) is worth more than Goldman Sachs
#longstock OMC Bought 100 shares…
#longstock OMC
Bought 100 shares @63.71, ex-div Dec. 18 paying .65
#shortputs PFE Sold Jan. 15,…
#shortputs PFE
Sold Jan. 15, 37 put for 1.18, stock down about 5 the last 5 days to 38.30 or so.
RH
#ShortStrangles – This was a repair trade for a call sale that took some heat. Happily out with beer money…
Bought to Close RH DEC 18 2020 415.0/510.0 Strangle @ 1.75 (sold for 2.45)
TSLA
#ShortPuts – Taking this a few days early on the big run up. Looking to re-load. This is “Put Sale Of The Year” award winner for my accounts. 🙂 🙂
Bought to Close TSLA DEC 18 2020 450.0 Put @ .52 (sold for 18.55)
RH Earnings
#ShortPuts – Closing the earnings trade and selling new. Still decent premium down at the expected move and below the 50ma.
Bought to Close RH DEC 18 2020 400.0 Put @ .35 (sold for 7.44)
Sold RH DEC 31 2020 402.5 Put @ 4.50
INMD,
BTC December 18, 45 puts at .40, sold at 2.05
This one can move around a lot for no reason at all so I took my profit and ran.
SNOW
#ShortCalls – Selling against short puts…
Sold SNOW DEC 18 2020 375.0 Call @ 1.30
NVCR,
BTC December 18, 125 put at .05, sold at 4.08
Closed ZM
Got back to my desk and saw that this closing order was filled. Bought to close $ZM 12/18 350/360/460/470 iron condor @ .50. Sold for 2.89 on 12/3.
SNOW
#ShortPuts – In a different account from previous roll…
Rolled SNOW JAN 08 2021 260.0 Put to JAN 08 2021 280.0 Put @ 4.20 Credit (8.20 total now)
TQQQ, Forgot to post.
BTC December 18, 165 puts at 4.50, sold at 9.80, we are getting close to the end of the year so I am a little nervous.
SNOW
#ShortPuts – I wanted to do something on a big down day. Instead of increasing size just rolling up slightly for additional premium…
Rolled SNOW DEC 31 2020 275.0 Put to DEC 31 2020 285.0 Put @ 2.00 Credit (5.40 total now)
TQQQ,
STO December 31, 125 puts at 1.45
NVDA Call / MRVL Strangle / PENN PLTR Put
#syntheticcoveredcalls
$NVDA STO 12/18 545 call at 4.60. Sold against Jan long 550.
#shortstrangles
$MRVL STO 12/18 44.50/46 straddle at 1.11
#shortputs
$PENN STO 12/18 76 put at 1.35
$PLTR STO 12/18 25.50 put at .57 Thank you @honkhonk81
NVDA
#ShortPuts – Still rangebound so still selling. Just outside the expected move and near recent lows…
Bought to Close NVDA DEC 18 2020 490.0 Put @ .53 (sold for 5.80)
Sold NVDA JAN 08 2021 475.0 Put @ 5.00
SPX trades
#SPX7dteLong Bought to Open $SPX Dec 18th 3645/3665-3675/3695 iron condors for 16.55, with SPX at 3669.
#SPX1dte Expected to expire worthless: Dec 14th 3540-/3560-3720/3740 condors, sold Friday for 1.05.
#closing #shortputs CHWY CHWY Dec….
#closing #shortputs CHWY
CHWY Dec. 9, sold a Jan. 15, 65 put for 1.76 after an earnings drop, bought today for .55.
DM sold Feb. 19, 12.50 put for 1.15 spec play stock is at 18.50, up from 17.50 after a fall from 25.
#tastytradefollow
LABU,
BTC January 15, 30 puts at .05, sold at 1.65
No reason to keep the trade on for another 5 plus weeks for .05 cents.
Options Bistro 