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)

NFLX and ABT

#earnings

BTO NFLX 10/29 / 10/22 640 call calendar @2.07
BTO ABT 11/19 / 10/22 122 call calendar @1.05

slightly skewed to the bullish side, by a few strikes.

#shortputs

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)

SOXL

#ShortPuts – Nice run on this thing so taking 70-90 percent of max with quite a few days left on some of these.

Bought to Close SOXL OCT 22 2021 41.0 Put @ .18 (sold for 2.05)
Bought to Close SOXL OCT 29 2021 40.5 Put @ .50 (sold for 2.30)
Bought to Close SOXL NOV 5 2021 35.0 Puts @ .30 (sold for 1.30)
Bought to Close SOXL NOV 12 2021 35.0 Put @ .45 (sold for 2.75)
Bought to Close SOXL NOV 19 2021 35.0 Put @ .65 (sold for 2.15)

SPX trades

#SPX5dte Bought to Open $SPX Oct 25th 4495/4515-4525/4545 condors for 14.85, with SPX at 4516.

#spx1dte

ULTA

#ShortPuts – Earnings not until Dec 2nd so plenty of time to adjust this one if needed. Selling the expected move with the stock already down nicely. Also, below the 50 and breakeven near the 100 day and near recent lows.

Sold ULTA OCT 29 2021 365.0 Put @ 3.30

Taking one for the team.

STO, TQQQ October 29, 140 put at 3.90

Upside Warning in effect

#VIXIndicator Feels like it’s a few days late but it still should mean more upside in the coming days or weeks.

SOXL Put Close

#shortputs
$SOXL BTC 10/22 40.5 put at .40. STO at 2.57
$SOXL BTC 10/22 39 put at .20. STO at 2.35

TSLA

One last one into #Earnings
Bought to Open 1 TSLA Dec 17 2021 990.0 Call at $14.31
Sold to Open 1 TSLA Oct 22 2021 890.0 Call at $14.61.
Hopefully the stock is up in anticipation, down on the news. 🙂

TQQQ

#BullPutSpreads – Not right on direction very often so taking the one day gain on the big move.

Bought to Close TQQQ OCT 22 2021 140.0/135.0 Bull Put Spreads @ 1.65 (sold for 2.95)

Closing TQQQ

Taking a cue from @jsd501 and covering these for a penny if I can.
Bought to close $TQQQ Oct 22 90 put @ .01. Sold for 1.35 on 10/4.

TQQQ,

BTC October 22, 90 puts at .01, sold at 1.20, I have 2 more contracts to cover this week and I am done.

SPX trades

#SPX5dte Officially changing the name of my long trade to #SPX5dte from the gangly and inaccurate #SPX7dteLong.

Bought to Open $SPX Oct 22nd 4460/4480-4490/4510 condors for 14.85, with SPX at 4483.

Expiring with max credit of 20.00: Oct 18th 4365/4385 call spreads. Condors bought for 17.30 last Tuesday.

#SPX1dte Expiring worthless: Oct 18th 4380/4400-4515/4535 condors, sold Friday for 1.05.

Closing AMZN

Bought to close $AMZN Oct 29 2950/2850 bull put spread @ .16. Sold for 1.78 on 10/4.

REGN pre earnings

#ShortPuts – Selling the expected move the week before earnings with the stock already down a decent amount today. Higher risk sitting right on the 200 day.

Sold REGN OCT 29 2021 515.0 Put @ 3.50

AMZN Earnings BUPS / LABU UPST TNA Put / SOXL Put Close

#earnings #bups
$AMZN STO 10/29 3400/3420 BUPS at 9.15. Earnings 10/28 after close. If stock climbs towards earnings plan to buy some back.

#shortputs
$LABU STO 10/22 51 put at 1.90. Inspired by @fuzzballl and @optioniceman
$UPST STO 10/22 340 put at 2.95
$TNA STO 11/19 70 Put @ 1.26
$TNA STO 11/19 75 Put @ 1.84 Thank you @fuzzballl
$SOXL BTC 10/29 40.50 put at $1.00. STO at 2.97. Lightning up a bit. Thank you @fuzzballl

TQQQ

Sold 1 TQQQ Oct 22 2021 141.0 Call at $1.20.
Paired the the 122 Puts sold this morning for a 122/141 strangle

LABU

Added to my LABU put position
Sold LABU Oct 22 2021 49.0 Puts at $1.21

SPX

STO $SPX Nov 4575/4600 BeCS @6.15

May add the BuPS side, if there is a decent pullback. stop around 4550.

SPX 10/20

Sold to open $SPXW Oct 20 4400/4425/4520/4550 iron condor @ 4.05. Short puts 15 delta, short calls 14 ∆.

Closing TQQQ

BTC 10/29 85 put @ .05. Sold for 1.50 on 10/4.

TQQQ,

STO November 26, 95 put at 1.11

TNA

#ShortPuts – Small starters.

Sold TNA NOV 19 2021 70.0 Put @ 1.40
Sold TNA NOV 19 2021 75.0 Put @ 2.10

Closing SPX

Bought to close Oct 18 4495/4520 bear call spread @ .65. Sold for 2.80 on Friday.

LABU

#ShortPuts – Adding.

Sold LABU OCT 22 2021 51.5 Puts @ 1.65
Sold LABU OCT 22 2021 53.0 Put @ 2.30

LABU TQQQ

Sold 1 LABU Oct 22 2021 51.0 Put at $1.34
Sold TQQQ Oct 22 2021 122.0 Puts at $0.74
replacing positions that expired Friday

TSLA

New TSLA Diagonal into #Earnings
Bought to Open 1 TSLA Dec 17 2021 960.0 Call at $13.56
Sold to Open 1 TSLA Oct 22 2021 860.0 Call at $16.23.
Initial Credit $2.67
Short DTE = 5
Long DTE = 60

Expirations for 10/15

$DOCU Oct 15 260/250 bull put spread
$SAM Oct 15 460 puts
$TQQQ Oct 15 115 puts
$TQQQ Oct 15 105 puts
$TQQQ Oct 15 100 puts
$UVXY Oct 15 30/35 bear call spread
$UVXY Oct 15 32/37 bear call spread
$UVXY Oct 15 38/48 bear call spread
$SPXW Oct 15 4365/4335 bull put spread
$SPXW Oct 15 4370/4345 bull put spread
$SPXW Oct 15 4390/4355 bull put spread

OptionsExpiration

The relentless rebound from Monday’s low really ruined a potentially big week.
Had to roll too many calls.
It may be better next week.
==Expired==
AMC 10/15/2021 20/34 Bull Put Spreads
KOLD 10/15/2021 6.0 Diagonal Put
LABU 10/15/2021 80/58 Bear Call Spread
LABU 10/15/2021 90/58 Bear Call Spread
LABU 10/15/2021 49.0 Diagonal Put
TLRY 10/15/2021 9.0 Diagonal Puts
TNA 10/15/2021 50/82 Bull Put Spreads
TQQQ 10/15/2021 70/119 Bull Put Spread
TNA 10/15/2021 80/120 Bull Put Spread
VXX 10/15/2021 71/40 Bear Call Spread
VXX 10/15/2021 70/39 Bear Call Spread
VXX 10/15/2021 69/38 Bear Call Spread
VXX 10/15/2021 61/37 Bear Call Spreads
VXX 10/15/2021 60/36 Bear Call Spreads
VXX 10/15/2021 59/35 Bear Call Spreads
VXX 10/15/2021 55/34 Bear Call Spreads
VXX 10/15/2021 45/32.5 Bear Call Spreads
VXX 10/15/2021 29.0 Covered Calls
VXX 10/15/2021 28.5 Covered Calls
VXX 10/15/2021 28.0 Covered Calls

SPX weekend trade

Sold to open Oct 18 4495/4520 bear call spread @ 2.80

KWEB

#ShortPuts – First time in this. Tastytrade talking about it. Apparently an ETF of Chinese internet stocks. Had never heard of it so going out a little and staying small.

Sold KWEB NOV 19 2021 46.0 Puts @ 1.08

VXX Puts

Last trade today
Bought to Close VXX Oct 15 2021 22.5 Puts at $0.01

SPX trades

#SPX1dte Sold to Open $SPX Oct 18th 4380/4400-4515/4535 condors for 1.05, SPX at 4468, IV 8.6%, deltas -.07 +.07

Expiring: Oct 15th 4345/4365-4485/4505 condors, sold yesterday for .95

#SPX5dte Expiring at max credit of 20.00: Oct 15th 4385/4405 call spreads, bought Monday for 17.20. Puts sold yesterday for .80, so total profit of 3.60.

Officially changing the name of my long trade to #SPX5dte from the gangly and inaccurate #SPX7dteLong.

HOOD pre earnings

#ShortPuts – Staying small so far.

Sold HOOD OCT 22 2021 39.5 Puts @ .75

TQQQ

#TakeOneForTheTeam – I think it’s time. This might stir things up again.

Sold TQQQ OCT 22 2021 140.0/135.0 Bull Put Spreads @ 2.95

LABU

#ShortPuts – Adding.

Sold LABU OCT 22 2021 52.0 Puts @ 1.25

EWZ

#ShortPuts – Thought I posted this earlier. Taking well over half with 5 weeks to go.

Bought to Close EWZ NOV 19 2021 30.0 Puts @ .35 (sold for .95)
Bought to Close EWZ NOV 19 2021 31.0 Puts @ .55 (sold for 1.27)
Bought to Close EWZ NOV 19 2021 32.0 Puts @ .83 (sold for 1.66)

AMC Call Rolls

Bought to close 1 AMC Oct 15 2021 37 .0 Call / Sold to Open 1 AMC Oct 22 2021 37.0 Call at $0.41 Credit
Bought to close 1 AMC Oct 15 2021 38 .0 Call / Sold to Open 1 AMC Oct 22 2021 39.0 Call at $0.01 Credit plus a point better on the strike.
Bought to close AMC Oct 15 2021 39 .0 Calls / Sold to Open AMC Oct 22 2021 40.0 Calls at $0.38 Credit plus a point better on the strike.
Bought to close AMC Oct 15 2021 40 .0 Calls / Sold to Open AMC Oct 22 2021 43.0 Calls at $0.09 Credit plus 3 points better on the strike.

TSLA Roll into Earnings

Bought to close 1 TSLA Oct 15 2021 810.0 Diagonal Call / Sold to Open 1 TSLA Oct 22 2021 830.0 at $0.10 Credit.
Still holding my December 1000 long call position

TQQQ Rollups and Rollout

Bought to close 1 TQQQ Oct 15 2021 134.0 Call at $0.85. Sold on 10/11 at $1.12.
To replace it, Sold to Open 1 TQQQ Oct 22 2021 139.0 Call at $1.07 (5 points higher for next week)

And later —
Bought to close 1 TQQQ Oct 15 2021 125.0 Call / Sold to Open 1 TQQQ Oct 22 2021 125.0 Call at $0.77 Credit.
Bought to close 1 TQQQ Oct 15 2021 127.0 Call / Sold to Open 1 TQQQ Oct 22 2021 128.0 Call at $0.05 Credit plus an extra point on the strike price.
Bought to close 1 TQQQ Oct 15 2021 133.0 Call / Sold to Open 1 TQQQ Oct 22 2021 136.0 Call at $0.24 Credit plus an extra 3 points on the strike price.

TNA Call Rollups

Bought to close 1 TNA Oct 15 2021 90.0 Call / Sold to Open 1 TNA Oct 22 2021 92.5 Call at $0.16 Credit plus a 2.5 point bump up in the short strike.
Bought to close 1 TNA Oct 15 2021 90.5 Call / Sold to Open 1 TNA Oct 22 2021 94.0 Call at $0.11 Credit plus a 3.5 point bump up in the short strike.

SPX

STC 4350 call calendar for 1.1 at the open, a loss of 2.7 from that series. really should have taken that 40% overnight profit…

For the 4200 put calendar, the short leg will expire worthless, and will hold the long Oct 30 leg for now, may sell short dated or dump it next week.

BTO Nov-19-21 4250/4300/4350 Put BF, 1.75 , as a lotto trade, small position.

O TQQQ Put Close / LVS Call Roll / SQ BUPS Close / SNOW BUCS Close

#shortputs
$O BTC 10/15 70 put at .10. STO at .83
$TQQQ BTC 10/22 110 put at .19. STO at 2.00

#syntheticcoveredcalls
$LVS BTC 10/15 40 call and STO 10/22 41 call at added credit of .39. Stock at 40.39

#bups
$SQ BTC 10/15 230/240 BUPS at .10. STO at 3.20

#bucs
$SNOW STC 10/15 325/335 BUCS at $7.00. BTO at 3.90

Rolling SKLZ

Rolled $SKLZ short Oct 15 12.50 puts out to Nov 19 12.50 puts @ .30 credit.

-Original trade was short Sep 12.50 puts on 9/3 for 1.15
-Rolled from Sep to Oct on 9/15 for .51 credit
-Today’s roll Oct to Nov for .30 credit
Total credit received 1.96
Breakeven now 10.54 with the stock at 9.04

Markets

$703bn of single stock options will expire today (15-Oct), the 3rd highest notional for a non-January expiration.

2021-10-15_5-54-27

VXX Put Rolls

Bought to close VXX Oct 15 2021 23.5 Puts / Sold to Open VXX Oct 22 2021 23.5 Puts @ $0.31 Credit
Bought to close VXX Oct 15 2021 23.0 Puts / Sold to Open VXX Oct 22 2021 22.5 Puts @ $0.19 Credit plus an extra 0.50 improvement in the short strike.

KOLD Puts

Bought to close KOLD Oct 15 2021 7.0 Puts at $0.05. They won’t trade any lower.
Sold on 09/27 at $0.90 and again on 09/28 at $1.46.
I now have some free May 2022 Puts to write against for next month.

SPX closing call spreads

Getting eaten up on these this week. Taking them off for now and will look for roll opportunities into next week. Bought to close:
$SPXW Oct 15 4450/4480 bear call spread @ 18.00
$SPXW Oct 15 4455/4485 bear call spread @ 15.75
$SPXW Oct 15 4460/4495 bear call spread @ 13.50

GS LABU ROKU SPCE TSLA ZM

#ShortPuts #CoveredCalls #Earnings – A little bit of everything.

GS: Closing earnings play.
Bought to Close GS OCT 15 2021 397.5/392.5 Bull Put Spread @ 1.00 (sold for 3.00)

LABU: Small adds for next week leaving room to add more.
Sold LABU OCT 22 2021 53.0 Put @ 1.05
Sold LABU OCT 22 2021 53.5 Put @ 1.20
Sold LABU OCT 22 2021 54.0 Put @ 1.35

ROKU: Pre-earnings at the expected move and near recent lows.
Sold ROKU OCT 29 2021 300.0 Put @ 3.05

SPCE: Pre-earnings and playing for an oversold bounce. Sized to accept stock if needed.
Sold SPCE NOV 5 2021 25.0/20.0 Bull Put Spreads @ 3.32

TSLA:Expiring.
675.0 Put (sold for 2.45)

ZM: Covered.
Bought to Close ZM OCT 15 2021 275.0 Call @ .05 (sold for 5.20)
Sold ZM OCT 29 2021 267.5 Call @ 6.10

#soxl sto 29 OCT 21…

#soxl

sto 29 OCT 2021 44.5 CALL @.80

LABU Call Rollups

Bought to close 1 LABU Oct 15 2021 55.0 Call/ Sold to Open 1 LABU Oct 22 2021 58.0 Call at $0.05 Credit plus a 3 point bump in the short strike.

Bought to close 1 LABU Oct 15 2021 57.0 Call at 0.45. Sold on 10/11 at $0.92.
To replace it I sold 1 LABU Oct 22 2021 61.0 Call at $0.70.

VXX Calls

Bought to close VXX Oct 15 2021 28.0 Calls at $0.01. Sold these on 10/11 at $0.24 and $0.25

VXX1 Puts

With the drop in VXX this morning I’m liquidating some more long, profitable VXX pre-split Puts left over from ancient #VXXContango spreads.
Sold to close VXX1 Jan 21 2022 5.0 Puts at $0.52 (equal to strike 20 Puts at $2.08)
Bought these in the fall of 2020.
I have more that I will try to sell even higher.

SOXL TQQQ Put Close / INMD WYNN Call Roll

#shortputs
$SOXL BTC 10/15 40 put at .26. STO at 2.25.
$TQQQ BTC 10/22 90 put at .05. STO at 1.35. Thank you @jsd501

#coveredcalls #syntheticcoveredcalls
$INMD BTC 10/15 77.50 call and STO 11/19 82.50 call at added credit of .80. Stock at 85.18
$WYNN BTC 10/22 89 call and STO 10/29 95 call at debit of of 2.00. Stock at 91.64

GS earnings

#BullPutSpreads #Earnings – A low risk directional shot.

Sold GS OCT 15 2021 397.5/392.5 Bull Put Spread @ 3.00

LABU

#ShortPuts – A tiny partial for next week to give Mr. Market some incentive. Still trading near the bottom of it’s range.

Sold LABU OCT 22 2021 52.5 Puts @ 1.12

TQQQ

#ShortPuts – Have some that are 60-90 percent of max with quite a few weeks left so taking them on the big up move.

Bought to Close TQQQ OCT 29 2021 105.0 Put @ .51 (sold for 2.40)
Bought to Close TQQQ OCT 29 2021 110.0 Put @ .79 (sold for 2.60)
Bought to Close TQQQ NOV 5 2021 105.0 Put @ .98 (sold for 2.70)
Bought to Close TQQQ NOV 5 2021 110.0 Put @ 1.40 (sold for 3.15)
Bought to Close TQQQ NOV 12 2021 105.0 Put @ 1.49 (sold for 3.00)
Bought to Close TQQQ NOV 12 2021 110.0 Put @ 1.99 (sold for 4.00)
Bought to Close TQQQ NOV 19 2021 90.0 Put @ .88 (sold for 3.25)
Bought to Close TQQQ NOV 19 2021 90.0 Put @ .87 (sold for 3.25)

VXX Puts rolled

Bought to close VXX Oct 15 2021 24.0 Puts / Sold to Open VXX Oct 22 2021 23.5 Puts at $0.02 Net Credit.
Gained $0.50 on the short strike

Downside Warning canceled

#VIXindicator So we never got much of a drop but it certainly was choppy for a few weeks. $VIX closes tomorrow and Monday below 18.49 will mean an Upside Warning.

Closing AMAT

Bought to close $AMAT Nov 19 120 puts @ 1.69. Sold for 3.56 on 10/1.

SPX trades

#SPX7dteLong Bought to Open $SPX 4415/4435-4445/4465 condors for 15.75, with SPX at 4438.

#spx1dte

HOOD LABU SOXL SPOT TQQQ

#ShortPuts – Taking a lot of risk off here. Sure looks like S&P is running right up to resistance. Let’s hope the 50 day rejects the rally. LOL

HOOD:Still nice premium in this one and very liquid.
Bought to Close HOOD OCT 15 2021 38.0 Puts @ .18 (sold for .95)
Bought to Close HOOD OCT 15 2021 39.0 Puts @ .26 (sold for 1.25)
Bought to Close HOOD OCT 15 2021 40.0 Puts @ .43 (sold for 1.65)
Bought to Close HOOD OCT 15 2021 41.0 Puts @ .90 (sold for 2.00)

LABU: Another great week here.
Bought to Close LABU OCT 15 2021 50.0 Puts @ .10 (sold for 1.39)
Bought to Close LABU OCT 15 2021 51.0 Puts @ .10 (sold for 1.72)
Bought to Close LABU OCT 22 2021 45.0 Puts @ .21 (sold for 1.00)
Bought to Close LABU OCT 22 2021 47.5 Puts @ .36 (sold for 1.57)

SOXL: My biggest position. Reducing size a little.
Bought to Close SOXL OCT 15 2021 37.0 Put @ .10 (sold for 2.00)
Bought to Close SOXL OCT 15 2021 38.0 Puts @ .20 (sold for 2.15)
Bought to Close SOXL OCT 15 2021 39.0 Puts @ .38 (sold for 2.05)
Bought to Close SOXL OCT 15 2021 40.0 Puts @ .65 (sold for 2.15)
Bought to Close SOXL OCT 15 2021 41.0 Puts @ 1.00 (sold for 2.30)

SPOT: Earnings week after next.
Bought to Close SPOT OCT 15 2021 220.0 Put @ .10 (sold for 3.20)

TQQQ: Thinning the herd.
Bought to Close TQQQ OCT 15 2021 110.0 Put @ .05 (sold for 2.30)
Bought to Close TQQQ OCT 15 2021 115.0 Put @ .09 (sold for 2.18)
Bought to Close TQQQ OCT 22 2021 110.0 Puts @ .28 (sold for 2.20 and 2.50)

Adding another SPX position

Sold to open $SPXW Oct 15 4335/4365/4455/4485 iron condor @ 4.05, short puts 14∆ short calls 16∆

SPX adjustment

Rolled $SPXW Oct 15 4285/4260 bull put spread up to 4370/4345 for 1.65 credit. Short puts 16∆. Paired with 4420/4445 bear call spread which is being tested this morning.

AMC & LABU Calls

Sold AMC Oct 15 2021 40.0 Diagonal Calls at $0.79
Sold LABU Oct 15 2021 58.0 Diagonal Calls at $0.73
#OnlySpreads

VXX1 Puts

With the drop in VXX this morning I’m liquidating some more long, profitable VXX pre-split Puts left over from ancient #VXXContango spreads.
Sold to close VXX1 Jan 21 2022 5.0 Puts at $0.46 (equal to strike 20 Puts at $1.84)
Bought these in the fall of 2020 at $0.13, $0.14 and $0.15.
I have more that I will try to sell even higher.

SPX

Closed Oct-18-21 4380/4330/4240/4050 put ratio spread for $1 credit.

The position was opened on 9/17 for $36.05 credit. So a total of 37 credit with break even around 4240.

I started trading this strategy for my IRA account in Aug, so far, it has weathered the market reasonably well. I generally wait for a pullback to enter a trade 30 days out, and close around 4 DTE or if can collect another $, not waiting for that seductive perfect pin on expiration day ;-). haven’t had a loser among the dozen trades closed so far, knocking on the wood.

Still like BWB, IC, and Calendar when opps knock. Other than GLD and SLV holdings, I have gradually allocated most of my IRA account to this strategy.

Will post if I have any new observations, but won’t post every trades here to bore you.

Expired

#optionsexpiration
$SPX 4280/4300/4435/4415 IC. STO at 3.00. Inspiration by @ramie77

SPX calendar roll

Rolled the short leg of the Oct-18-21 4350/Oct-13-21 4350 Call Calendar to Oct-15(AM), for 12.6 credit,

The remaining calendar’s net cost 3.75.

LABU,

BTC January 21, 40 put at 3.58, sold at 3.71, all the moving averages are trending down so I decided to raise cash.

Closing BBY

Bought to close $BBY Nov 19 95 puts @ .54. Sold for 1.42 on 9/22.

SPX iron condor for Friday PM expiration

Sold $SPXW Oct 15 4260/4285/4420/4445 iron condor @ 4.15. Short puts 14∆ short calls 13∆.

VZ Stock

Added to my position at another new low of $51.00
#SP500 #FallingKnife