Adding.
Sold SPY May 16 2025 520.0 Put @ 4.10
Sold SPY May 16 2025 515.0 Put @ 3.50
Sold SPY May 16 2025 510.0 Put @ 3.40
Sold SPY May 16 2025 505.0 Put @ 3.20
Adding.
Sold SPY May 16 2025 520.0 Put @ 4.10
Sold SPY May 16 2025 515.0 Put @ 3.50
Sold SPY May 16 2025 510.0 Put @ 3.40
Sold SPY May 16 2025 505.0 Put @ 3.20
Rolled $AMZN Mar 28 200 puts out 1 week to Apr 4 200 puts @ 1.09 credit.
Total credit taken in now 2.24.
The $SPX low was 5504 on March 13th…. 5600 was support on both the 18th and 21st, meaning we could be bouncing here, OR on our way to test the 5500 low.
Also for next week:
Sold VXX 04/04/2025 60/55 Bear Call Spreads at $0.35 Credit
For next week:
Sold BA 04/04/2025 160/165 Bull put Spreads at $0.40 Credit
Sold NKE 04/04/2025 59/63 Bull put Spreads at $0.33 Credit
Sold NUGT 04/04/2025 70/67 Bear Call Spreads at $0.38 Credit
#SPX0dte Sold to Open $SPX Mar 28th 5565/5585-5755/5775 condors for 1.45. Order on at open, filled 1 minute later… IV and delta at time of fill: 33.47%, -.07 +.05
1 SPY 03/27/2025 554/559 Bull Put Spread
1 SPY 03/27/2025 555/560 Bull Put Spread
1 SPY 03/27/2025 556/591 Bull Put Spread
STO TSM Apr11 155/150 Bull Put @0.53
Added a tiny bit of DOW at $35.00 – Div = 7.87%
Added a tiny bit of VTRS at $8.75 – Div = 5.36%
Added a tiny bit of PPG at $106.00 – Div = 2.43%
#SP500 #FallingKnife
#SPX0dte Sold to Open $SPX Mar 26th 5605/5625-5760/5780 condors for 1.35, IV 29.26%, deltas -.06 +.06
Waited for at least the appearance of stabilization.
STO SMH Apr04 205/200 Bull Put @0.46
Sold 1 BA 03/28/2025 160/167.5 Bull Put Spread at $0.21 Credit
Sold 1 TSLA 03/28/2025 242.5/247.5 Bull Put Spread at $0.38 Credit
Sold 1 SPY 03/28/2025 548/553 Bull Put Spread at $0.16 Credit
Sold 1 VXX 03/28/2025 61/51 Bear Call Spread at $0.39 Credit
Sold 1 BA 03/28/2025 160/170 Bull Put Spread at $0.28 Credit
Sold 1 TSLA 03/28/2025 245/250 Bull Put Spread at $0.38 Credit
Sold 1 SPY 03/28/2025 549/554 Bull Put Spread at $0.15 Credit
Sold 1 SPY 03/27/2025 554/559 Bull Put Spread at $0.16 Credit #1DTE
Sold 1 VXX 03/28/2025 60/50 Bear Call Spread at $0.47 Credit
Sold 1 VXX 03/28/2025 59/50 Bear Call Spread at $0.48 Credit
Sold 1 SPY 03/27/2025 555/560 Bull Put Spread at $0.16 Credit #1DTE
Sold 1 BA 03/28/2025 165/170 Bull Put Spread at $0.17 Credit
Sold 1 TQQQ 03/28/2025 54/59 Bull Put Spread at $0.16 Credit
Sold 1 VXX 03/28/2025 59/52 Bear Call Spread at $0.17 Credit
Sold 1 VXX 03/28/2025 59/51 Bear Call Spread at $0.20 Credit
Sold 1 VXX 03/28/2025 58/50 Bear Call Spread at $0.30 Credit
Rolling my highest strikes.
Rolled SPY Apr 17 2025 570.0 Put to May 16 2025 560.0 Put @ .45 credit (5.30 total now)
Rolled SPY Apr 17 2025 560.0 Put to May 16 2025 550.0 Put @ 1.25 credit (5.45 total now)
And:
Sold to Close SPY Apr 17 2025 300.0 Puts @ .01 (sold the ones I don’t need anymore)
Bought to Open SPY May 16 2025 325.0 Puts @ .12 (new batch to sell against)
Sold SPY May 16 2025 530.0 Put @ 3.52
Sold SPY May 16 2025 525.0 Put @ 3.41
STO NVDA Apr11 105/100 Bull Put @0.57
#SPX0dte Sold to Open $SPX Mar 26th 5690/5710-5830/5850 condors for 1.15, IV 21.89%, deltas -.06 +.05 (same strikes as yesterday)
Sold 1 CVS 03/08/2025 61/64 Bull Put Spread at $0.19 Credit
#EveryLittleBitHelps
BTO 12/17/27 430 calls @ $133
Lot of Vega baked in
Sold 1 AMZN 03/28/2025 217.5/212.5 Bear Call Spread at $0.18 Credit
Sold 1 BOIL 03/28/2025 63/67 Bull Put Spread at $0.53 Credit
Sold 1 DLTR 03/28/2025 51/55 Bull Put Spread at $0.33 Credit
Sold 1 UPS 03/28/2025 101/106 Bull Put Spread at $0.19 Credit
Sold 1 BA 03/28/2025 165/170/192.5/200 Strangle at $0.38 Credit
STO TSLA Apr11 220/200 Bull Put @1.00
#SPX0dte Sold to Open $SPX Mar 25th 5690/5710-5830/5850 condors for 1.20, IV 22.77%, deltas -.07 +.05
$AMZN STO 3/28/210 call at .50
@jeffcp66 I’m getting logged out during the day. Has not happened before. Any changes at the website?
Thank you
Sold 1 VXX 03/28/2025 41/44/51/60 Strangle at $0.31 Credit
BTC TSLA Apr04 200/180 Bear Put @0.35 (Sold for $1.00)
Big bounce and three weeks to go. I’ll take these.
Bought to Close AMZN Apr 17 2025 180.0 Put @ .67 (sold for 3.20)
Bought to Close AMZN Apr 17 2025 185.0 Put @ 1.07 (sold for 2.71)
Changed my mind. With a big run up to the 200 day and three weeks to go and April 2nd looming I’m booking all the 70 and 80 percenters.
Bought to Close SPY Apr 17 2025 505.0 Put @ .46 (sold for 3.10)
Bought to Close SPY Apr 17 2025 510.0 Puts @ .53 (sold for 2.80)
Bought to Close SPY Apr 17 2025 515.0 Put @ .61 (sold for 3.25)
Bought to Close SPY Apr 17 2025 520.0 Put @ .72 (sold for 3.25)
Bought to Close SPY Apr 17 2025 525.0 Put @ .89 (sold for 3.25)
Bought to Close SPY Apr 17 2025 530.0 Put @ 1.08 (sold for 3.20)
#coveredcalls #syntheticcoveredcalls
$NVDA STO 3/28 125 call at .60
$NVDA STO 3/28 125 call at .50
$DELL STO 3/28 125 call at .32
$GOOGL STO 3/28 172.5 call at .45
Sold 1 LMT 03/28/2025 405/410 Bull Put Spread at $0.50 Credit
Sold 1 NKE 03/28/2025 60/65 Bull Put Spread at $0.24 Credit
Sold 1 DLTR 03/28/2025 52/57 Bull Put Spread at $0.43 Credit #Earnings this week
Sold 1 BOIL 03/28/2025 97/92 Bear Call Spread at $0.53 Credit
Sold 1 TSLA 03/28/2025 315/310 Bear Call Spread at $0.23 Credit
Sold 1 TQQQ 03/28/2025 73/69 Bear Call Spread at $0.45 Credit
Sold 1 OKLO 03/28/2024 40/36 Bear Call Spread at $0.43 Credit #Earnings this week
Sold 1 NVDA 03/28/2024 130/127 Bear Call Spread at $0.28 Credit
Sold 1 BA 03/28/2024 192.5/187.5 Bear Call Spread at $0.73 Credit
Sold 1 DELL 03/28/2024 110/105 Bear Call Spread at $0.24 Credit
Sold 1 GOOGL 03/28/2024 177.5/172.5 Bear Call Spread at $0.33 Credit
Sold this as a directional type trade so I’ll go ahead and book it. Letting everything else ride.
Bought to Close SPY Apr 17 2025 560.0 Put @ 5.34 (sold for 12.50)
Sold 1 CLF 03/28/2025 10.5 Covered Call at $0.09
Sold SPCE 03/28/2025 5.0 Covered Calls at $0.03
#EveryLittleBitHelps
#SPX0dte Like last Monday, a noticeable drop in expected move and narrowing on delta 6 condor. But this time it’s a bigger change… down to only 155 point width. Pre-market deltas have tended to be unreliable so I’m going to wait until after the 9:45am data.
#optionsexpiration
soxl 17 put
soxl 23 call
$AAPL Mar 21 210 puts
$AMD Mar 21 95 puts
$AMZN Mar 21 230 calls (covered)
$GLD Mar 21 265 puts
$SPY Mar 21 560 puts
$TSLA Mar 21 240 puts
$UVXY Mar 21 25/35 bear call spreads
STO TSLA Apr04 200/180 Bull Put @ 1.00
$TSLA STO 3/28 200 put at .68
$TSLA STO 4/4 205 put at 3.40
Rolled VXX 03/21/2025 66/49 Bear Call Spreads to VXX 03/28/2025 65/52 Bear Call Spreads at $0.28 Credit
Should be the last VXX trade for this week
I covered all my strangles for a small profit and am 100% cash again.
#SPX0dte Fourteen minutes after the bell, sold to Open $SPX Mar 21st 5505/5525-5725/5745 condors for 1.50, IV 40.25%, deltas -.06 +.05
For next week …
Sold 1 SOXL 03/28/2025 14.0 Put at $0.06
Sold 1 CLF 03/08/2025 8.5 Put at $0.14
#TinyPuts
BTC…NVDA 21 MAR 25 115 PUT @.25….STO 2/27/25 @ 4.50….
Sold 1 WBD 03/21/2025 10.5 Put at $0.07
Sold 1 MCHP 03/21/2025 50.0 Put at $0.18
#TinyPuts
#EveryLittleBitHelps
Added on the opening pop.
Sold SPX Apr 17 2025 5900/5905 Bear Call Spreads @ 1.25
Rollout to Jun. Up slightly to reduce the debit. I’ll keep pounding the SPY put sales and SPX bear call spreads while waiting.
Rolled SPX Mar 21 2025 6065.0 Puts to Jun 20 2025 6070.0 Puts @ 5.25 debit (18.85 total now)
Rolled SPX Mar 21 2025 6070.0 Puts to Jun 20 2025 6080.0 Puts @ 2.60 debit (18.90 total now)
I closed my 58/70 call spread at 7.25, just not comfortable with the market.
Sold 1 SOXL 03/21/2025 22.0 Covered Call at $0.09
Sold CE 03/21/2025 60.0 Covered Calls at $0.05
#EveryLittleBitHelps
Bought to close 1 TQQQ 03/21/2025 72.0 Covered Call at $0.01
Sold 1 TQQQ 03/21/2025 66.0 Covered Call at $0.32
#DoubleDip
Rolled VXX 03/21/2025 67/48 Bear Call Spreads to VXX 03/28/2025 67/48.5 Bear Call Spreads at $0.19 Credit
Rolled VXX 03/21/2025 75/47.5 Bear Call Spreads to VXX 03/28/2025 67/48 Bear Call Spreads at $0.13 Credit
Raised both short strikes $0.50
Rolled 1 BA 03/21/2025 162.5 Call to 1 BA 03/28/2025 165.0 Call at $1.04 Debit but raised the short strike $2.50
#SPX0dte Sold to Open $SPX Mar 20th 5510/5530-5725/5745 condors for 1.50, IV 39.29%, IV -.05 +.06
Sold a minute after the bell near opening lows. The deltas shifted about 20 points downward at the open from where they had been in pre-market. But then we bounced off open lows and deltas went back to pre-market levels. Makes it a quandary whether to wait for opening volatility or to sell in relative calm of premarket.
#coveredcalls
#followed @optioniceman
tIP SOLD SOXL 21 MAR 25 23 CALL @.07
#rolled
#toehurt
tIP ROLLED OKLO 4 APR 25/16 MAY 25 45 PUT @1.05
tIP ROLLED OKLO 4 APR 25/16 MAY 25/ 40 PUT @1.31
BTO April 17 58 calls and sold the March 28 70 calls at 6.91 debit
STO April 4, 45/85 strangle at .35
STO April 17, 45/85 strangle at .53
STO April 11, 45/85 strangle at .42
Sold SPX Apr 17 2025 5900/5905 Bear Call Spreads @ 1.25
Sold 1 TSLA 03/21/2025 260/255 Bear Call Spread at $0.35 Credit
Paired with the TSLA Puts sold yesterday
Sold VXX 03/21/2025 42/47 Bull Put Spreads at $0.30 Credit
Sold VXX 03/21/2025 42/46.5 Bull Put Spreads at $0.20 Credit
Sold CLF 03/21/2025 8.5 Puts at $0.03
Sold 1 SOXL 03/21/2025 17.0 Put at $0.11
#EveryLittleBitHelps
Sold VXX 03/21/2025 42/47 Bull Put Spreads at $0.15, $0.16, $0.19 and $0.24 Credits
Sold VXX 03/21/2025 42/46.5 Bull Put Spreads at $0.13 and $0.16 Credits
For next week Sold VXX 03/28/2025 41/46 Bull Put Spreads at $0.32 and $0.41 Credits
Sold a tiny bit of CVX at $163.01
Bought in Nov 2023 at $143.00
#FormerFallingKnife
Sold 1 BA 03/21/2025 157.5/162.5/177.5/182.5 Strangle at $1.31 Credit
#SPX0dte Given the high volatility for Fed decision I was able to get a buck for extra wide condor, rather than going for riskier 6-delta strategy, which is going for about 1.80. I’ll be comfortable with this going into the press conference provided there is no significant movement before then.
Sold to Open $SPX Mar 19th 5480/5500-5735/5755 condors for 1.00, IV 42.46%, deltas -.04 +.04
#welcome – Hello Bistro Team!
It’s been a solid 5 years since my last post, and I haven’t been trading too much in that time. (Although I’ve definitely peeked in here every few months!) I got a job with Salesforce in Jan 2020, and they decided to close their office in Hillsboro, OR in Nov 2024. I decided not to take a relocation and opt for severance with my teenagers in high school. I had the good fortune of shoving all of my 401k into PLTR through a self-directed BrokerageLink account at Fidelity in 2021 after watching a demo video of their software. I went all in and DCA’d down to about $14.00 avg. cost, so the past two years has been simply mind-blowing.
Sold a few CC’s at $119 that were exercised and fund my daytrading maintenance at TastyTrade a couple weeks back. Still have severance coming in a couple of weeks, and I’m excited at the opportunity to maybe trade full time, at least while I’m on unemployment! Been trading 0 DTE credit spreads/iron condors on the SPX. I’d like to dip a toe into 0/1 DTE calendars there as well possibly.
I searched through some posts but couldn’t find any referrals to CPAs/tax folks that people use, so I’d appreciate any nods in that direction if you have a service you trust. I’d like to pursue incorporation of some sort too – any advice there would be great as well, if you trade as a legal entity. From what I’ve read at the library and internet so far, I can deduct health care premiums, and possibly set up a solo-401k to put a good $69K and change away tax free? Not even close to that profitability yet, and not future tripping, just want a solid plan for the future and the kids!
Feels good to be back, Thank you Jeff and the usual suspects for the site and content!
Bought to Close this Friday 5800/5805 Bear Call Spreads @ .30 (sold for 1.25)
Fat fingered the mid price. Guess I’ll hold and see what happens.
Sold to Open this Friday BuPS 5500/5495 @ .85
Sold 1 BOIL 03/21/2025 94/89 Bear Call Spread at $1.42 Credit
Sold VXX 03/21/2025 42/47 Bull Put Spreads at $0.13 and $0.14 Credits
Sold VXX 03/21/2025 61/56 Bear Call Spreads at $0.26 and $0.34 Credits
Sold 1 VXX 03/21/2025 62/57 Bear Call Spread at $0.21 Credit
Sold 1 DECK 03/21/2025 105/110 Bull Put Spread at $0.45 Credit
Sold 1 NVDA 03/21/2025 104/108 Bull Put Spread at $0.30 Credit
Sold 1 TSLA 03/21/2025 190/200 Bull Put Spread at $0.47 Credit
#SPX0dte At the open bell, sold to open $SPX Mar 18th 5550/5570-5735/5755 condors for 1.60, IV 33.78%, deltas -.07 +.05
For the 2nd straight day the SPY had a 90%+ up day
Very Rare. About once every 3 years.
Only 44 of 500 stocks down today
#shortputs
#everylittlebithelps
SOLD SOXL 21 MAR 25 17 PUT @.09
STO April 17, 45/85 strangle at .91
STO April 25, 45/85 strangle at .95