QQQ, Iron condor,

STO July 15, 245/255-315/325 at 1.45, small trade testing the water.

LABU Puts

Bought to close LABU Jun 24 2022 5.0 Puts at $0.05 (partial position)
Sold last Friday on a roll at $0.48.

DPZ stock

Sold out of my tiny position in DPZ stock at $391.66 (at a 1-month high)
Bought in April at $350.95 and again in May at $328.00.
Raising a bit of cash for the next major pullback
#FormerFallingKnife

TQQQ TNA

Sold 1 TNA Jun 24 2022 36.5 Covered Call at $0.14
Sold TQQQ Jun 24 2022 27.0 Calls at $0.21, $0.27
Sold TQQQ Jun 24 2022 27.5 Calls at $0.19

NVDA

#CoveredCalls – A couple more.

Bought to Close NVDA JUN 24 2022 170.0 Calls @ 1.87 (stopped out sold for 2.80)
Sold NVDA JUL 1 2022 180.0 Calls @ 1.51

SPY

#CoveredCalls – A few.

Bought to Close SPY JUN 24 2022 385.0 Call @ .84 (sold for 4.40)
Sold SPY JUL 1 2022 390.0 Call @ 2.00

Rolled SPY JUN 24 2022 379.0 Calls to JUL 1 2022 387.0 Calls @ .01 credit

XBI

#CoveredCalls – Rolling out and up to the monthlies.

Rolled XBI JUN 24 2022 67.5 Calls to JUL 15 2022 70.5 Calls @ .12 credit
Rolled XBI JUN 24 2022 68.0 Calls to JUL 15 2022 71.0 Calls @ .10 credit

NFLX NVDA

#ShortPuts #CoveredCalls – Closed the NFLX loser and rolling it into a bigger NVDA position. I think my prospects for recovery are better there spread out over a lot more shares.

Sold NVDA JUN 24 2022 165.0 Put @ 5.00
Sold NVDA JUL 1 2022 175.0 Call @ 2.30 (covered)

KOLD TNA TQQQ VXX

On the road all day so just summarizing what I sold for this week:
Sold VXX Jun 24 2022 22.5 Puts at $0.13
Sold TQQQ Jun 24 2022 28.0 Calls at $0.14
Sold TQQQ Jun 24 2022 27.5 Calls at $0.19, $0.25
Sold TQQQ Jun 24 2022 27.0 Calls at $0.26, $0.27 and $0.33
Sold 1 TNA Jun 24 2022 36.0 Call at $0.47
Sold 1 KOLD Jul 15 2022 36.0 Covered Call at $2.60

SPX 1-dte

#SPX1dte Sold to Open $SPX June 22nd 3645/3665-3845/3865 condors for 1.55, SPX at 3762, IV 30%, deltas -.07 +.06

TLT

#CoveredCalls – Sold TLT JUL 15 2022 114.0 Calls @ 1.21

SPX calls closed

#SPX1dte Bought to close $SPX 3800/3820 call spreads for .20. Condors sold this morning for 1.25. Stop level was briefly breached in the first hour of trading, but was able to wait and close it more cheaply.

I looked into thinkorswim’s “thinkback” back testing and saw that if I had sold the condor Friday before the close, it would have been the 3520/3540-3800/3820 condors for about 1.60. Same strikes on call side but 80 points lower on put side (which makes sense because we were UP in the pre-market when I sold this morning). So I missed out on about 40 cents in premium by waiting.

I will likely alternate between selling day before and day-of, at least until Downside Warning ends.

BA,

BTC January 90 put at 4.30, sold at4.90 on Friday. Now back to 100% cash and waiting for the end of the bear market which may be months away.

SPX 1-dte

#SPX1dte in pre-market, sold to open $SPX June 21st 3600/3620-3800/3820 condors for 1.25, IV 50.2%, deltas -.06 + .06. /ES (futures) at about 3730.

OptionsExpiration

Lots of old long calls(TNA, TQQQ, and VXX) and long puts (VXX) rolling off this month. At least I got one more write against them. Hardly had to roll anything this week.

My next set of long puts in VXX expire in August and ALL my short puts are expiring today, so plenty of time for re-writes against those longs.

Short trading week next week.

==EXPIRED==
KOLD 32.0 Covered Call

LABU 3/5 Bull Put Spreads

TNA 42.0 Covered Calls
TNA 42.0 Diagonal Calls
TNA 44.0 Diagonal Calls
TNA 52/44 Bear Call Spreads
TNA 51/44 Bear Call Spreads

TQQQ 30.0 Covered Calls
TQQQ 47.5/30 Bear Call Spreads
TQQQ 40/30 Bear Call Spread
TQQQ 38.75/30 Bear Call Spreads

VXX 35/29.5 Bear Call Spreads
VXX 35/29 Bear Call Spreads
VXX 35/28.5 Bear Call Spread
VXX 28.5 Diagonal Calls
VXX 28 Diagonal Calls
VXX 27.5 Diagonal Calls
VXX 27 Diagonal Calls
VXX 26.5 Diagonal Calls

VXX 10/21 Bull Put Spreads
VXX 12/21.5 Bull Put Spreads
VXX 13/21.5 Bull Put Spreads
VXX 14/22.5 Bull Put Spreads
VXX 20/22.5 Bull Put Spreads
VXX 23.0 Diagonal Puts — #VXXContango
VXX 23.5 Diagonal Puts — #VXXContango

Markets

So much for the predictions of extreme volatility on expiration day

ZZZZZZZZZZZZZZzzzzzzzzzzzzzzzzz………………

BA,

STO January 2023, 90 put at 4.70

SPY SOXL

#CoveredCalls – A few more.

Sold SPY JUN 24 2022 379.0 Calls @ 2.11

Bought to Close SOXL JUN 24 2022 19.0 Calls @ .05 (sold for .70)
Sold SOXL JUN 24 2022 15.0 Calls @ .51

LABU Put and Calls

Rolled 1 LABU 06/17/2022 7.0 Put to next week for a $0.04 Credit

Sold LABU 06/24/2022 7.0 Covered Calls at $0.05.
You take what the market gives you.

Stocks

A few tiny buys today:
DD at $55.90 (Div 2.32%)
GS at $278.32 (Div 2.80%)
F at $11.00 (Div 3.55%)
ARE at $130.00 (Div 3.61%)
Missed the low on SPY but my order is in now at $362.17

TNA new Diagonal Calls

Bought to open 1 TNA Jul 15 2022 44.0 Call at $0.30
Sold to Open TNA Jun 24 2022 36.0 Call at $0.42 for a $0.12 Credit for the 1st week.

Bought to open 1 TNA Jul 15 2022 45.0 Call at $0.28
Sold to Open TNA Jun 24 2022 36.5 Call at $0.40 for a $0.12 Credit for the 1st week.

TNA has not closed above the short strikes in about a week. And a short trading week next week too.

LABU Put Roll

Partial position.
Bought to Close LABU Jun 17 2022 5.0 Puts at $0.18. Sold on a roll last week at $0.40
Sold to Open LABU Jun 24 2022 5.0 Puts at $0.48 for a $0.30 Credit.
I’ll wait on the rest to see if LABU is above 5.0 at the end of the day

SPX 1-dte

#SPX1dte Wasn’t able to place a trade yesterday so, this morning about 31 minutes before the open:
Sold to Open $SPX June 17th 3550/3570-3785/3805 condors for 1.35. IV 63.8%, deltas -.06 +.06

SPY

#CoveredCalls – A couple.

Bought to Close SPY JUN 17 2022 390.0 Calls .05 (sold for 6.50 and 6.75)

T2108 now under 10

Latest reading 9.90

Stocks

Added tiny bits of the foll0wing on the opening plunge:
BXP at $89.10 (Div 4.26%)
DFS at $90.00 (Div 2.53%)
EMN at $90.00 (Div 3.20%)
MCHP at $59.72 (Div 1.79%)
MDT at $87.00 (Div 3.04%)
MMM at $132.00 (Div 4.44%)
TEL at $115.91 (Div 1.86%)
TT at $121.93 (Div 2.10%)
USB at $45.00 (Div 3.97%)
WBA at $39.23 (Div 4.69%)
#SP500 #FallingKnife

SPY and QQQ

Added back some SPY at $369.00 & $367.38 and some QQQ at $273.24 & $272.48
#FallingKnife

SPX stopped

#SPX1dte Bought to close $SPX June 16th 3645/3625 put spreads for 3.70. Condors sold yesterday for 1.60.

XBI

STO ITM XBI Jan20’23 70 PUT @11.45

SPX trades

#SPX1dte Sorry I have been unable to post but got back some ground after various losses wiped away gains and left me flat over the last month.

Yesterday, sold to open $SPX June 15th 3560/3580-3885/3905 condors for 1.65.
Today, after Fed announcement, sold two vertical same-days: 3870/3890 calls, 3650/3630 puts, for 1.35 each, 2.70 total.

All looking to expire so a gain of 4.35 today.

VXX Puts

At 2:00 sold some more VXX Jun 17 2022 23.0 Puts at $0.29

VXX Calls

Getting close to the FED announcement
Sold more VXX Jun 17 2022 26.5 Calls at $0.34 and $0.35.

TNA Covered Calls

Sold TNA Jun 17 2022 42.0 Covered Calls at $0.12

VXX Puts and Calls

Sold VXX Jun 17 2022 23.0 Puts at $0.18, $0.20 and $0.24
Sold against long puts in 2023 and 2024 and also against a bunch of leftover long puts from old spreads expiring this week

Also added some short VXX Jun 17 2022 26.5 Calls at $0.27 & $0.35 and VXX 27.0 Calls at $0.26
These strikes are above Monday’s end of day peak in VXX of $26.29 when the VIX index hit 35

WAITING ON THE FED

Late day stocks

Bought a tiny bit of AES at $18.84 (Div 3.26%)
Bought a tiny bit of BAX at $67.99 (Div 1.62%)
Bought a tiny bit of FRT at $95.00 (Div 4.42%)
Bought a tiny bit of NTRS at $93.96 (Div 2.84%)
Bought a tiny bit of VNO at $29.00 (Div 7.25%)

AMZN

#ShortPuts – Adding for hopefully a long term position.

Sold AMZN JUL 15 2022 95.0 Put @ 3.00

KOLD Call

Sold 1 KOLD Jun 17 2022 32.0 Covered Call at $0.86.
Expires Friday

VXX Puts

New #VXXContango Spread
Bought to Open VXX Jan 20 2023 8.0 Puts at $0.20
Sold to Open VXX Jun 17 2022 23.5 Puts at $0.24 for a $0.04 Credit
Long DTE = 220
Short DTE = 3
Many possible re-writes in the future

ARKK NFLX NVDA SOXL SPY XBI

#CoveredCalls – A few.

Sold ARKK JUL 15 2022 44.0 Calls @ 1.05

Sold NFLX JUN 24 2022 185.0 Call @ 2.50

Bought to Close NVDA JUN 17 2022 200.0 Calls @ .07 (sold for 6.10)
Sold NVDA JUN 24 2022 170.0 Call @ 3.00
Sold NVDA JUN 24 2022 170.0 Calls @ 2.80

Sold SOXL JUN 24 2022 19.0 Calls @ .53

Sold SPY JUN 24 2022 385.0 Call @ 4.40

Bought to Close XBI JUN 17 2022 74.0 Calls @ .07
Sold XBI JUN 24 2022 68.0 Calls @ 1.06
Sold XBI JUN 24 2022 67.5 Calls @ 1.20

Late day stocks

Bought a tiny bit of PEAK at $24.35 (Div 4.68%)
Bought a tiny bit of BAC at $31.83 (Div 2.53%)
Bought a tiny bit of CARR at $36.32 (Div 1.61%)
Bought a tiny bit of NWSA at $15.83 (Div 1.21%)

VXX Calls

Sold these during several waves down in the market which pushed the VIX up to 35(and VXX up to 26), adding to earlier sells
Sold 1 VXX Jun 17 2022 29.5 Call at $0.50
Sold VXX Jun 17 2022 29.0 Calls at $0.55 and $0.56
Sold VXX Jun 17 2022 28.5 Calls at $0.46 and $0.53
I have now written against all my long calls and I still have more short puts than short calls

No trade today

Not only is the market a mess, but I’m traveling tomorrow so cannot monitor.
#SPX1dte

ARKK NFLX NVDA SPY TQQQ

#CoveredCalls – Catching up from Friday also.

Bought to Close ARKK JUN 17 2022 50.0 Calls @ .02 (sold for .70)

Sold NFLX Jun 17 2022 192.5 Call @ 2.50

Bought to Close NVDA Jun 10 2022 190.0 Call @ .01 (sold for 3.20)

Rolled SPY JUN 17 2022 400.0 Call to SPY JUN 17 2022 390.0 Call @ 1.75 credit (6.75 total now)
Rolled SPY JUN 17 2022 410.0 Call to SPY JUN 17 2022 390.0 Call @ 2.40 credit (6.50 total now)
Rolled SPY JUN 17 2022 400.0 Call to SPY JUN 24 2022 385.0 Call @ 4.50 credit (9.70 total now)

Rolled TQQQ JUN 17 2022 35.0 Calls to TQQQ JUN 17 2022 28.0 Calls @ .31 credit (1.70 total now)

Stocks

Checked into #DJIA stocks just to see what the list was for #FallingKnife candidates
Disney
Intel
Goldman Sachs
American Express
3M
Boeing
and last but not least, Microsoft.
All new lows today

VXX Calls

Sold VXX Jun 17 2022 27.0 Call at $0.66
Sold VXX Jun 17 2022 27.5 Call at $0.57
Sold VXX Jun 17 2022 28.0 Call at $0.44
Pairing these off against a lot of short puts for this week.
No additional margin

SPY and other stocks

Bought a tiny bit of BEN at $23.19 (Div 4.72%)
Bought a tiny bit of INTC at $38.38 (Div 3.73%) – a new 3 year low
Bought a tiny bit of STT at $63.04 (Div 3.50%)
Bought a tiny bit of SWK at $106.80 (Div 2.87%)
Bought a tiny of TROW at $110.61 (Div 4.18%)
Bought a tiny bit of VNO at $30.00 (Div 6.87%)
Bought back some SPY at $379.58 that I sold at $412.86 0n 5/27
Bought some QQQ at $279.66.

Several #SP500 stocks I am watching are exceeding their March 2020 Covid lows, like INTC above.
#FallingKnife

T2108

Around 16.50, 15 minutes after the open.

SPX stopped

#SPX1dte Stopping in the early hours before open to avoid any further down-drift before it gets expensive.

Bought to close $SPX June 13th 3770/3750 put spreads for 3.90. Condors sold for 1.30 on Friday.

#optionsexpiration labu 4.5 put

#optionsexpiration
labu
4.5 put

DIS and WBD Stocks

I’ve been avoiding non-dividend paying stocks lately, but I did average down two existing positions today.
Bought a tiny bit of DIS at $99.47
Bought a tiny bit of WBD at $15.17
#SP500 #FallingKnife

OptionsExpiration

Another light week. Didn’t have to roll much, and the Calls I rolled up yesterday and most of the VXX puts I rolled down would have expired today. Sigh 😦

Expired:
LABU 8.0 Covered Calls
TNA 44.0 Call
TNA 44.5 Covered Call
TNA 46.5 Covered Call
TNA 47.5 Covered Call
TNA 56/45 Bear Call Spread
TNA 56/47 Bear Call Spread
TQQQ 31.0 Covered Calls
TQQQ 33.0 Covered Calls
TQQQ 35.5 Covered Calls
VXX 37/26.5 Bear Call Spreads
VXX 36/25.5 Bear Call Spreads
VXX 35/26.5 Bear Call Spreads
VXX 35/26 Bear Call Spreads
VXX 34/25 Bear Call Spreads
VXX 21.0 Put — #VXXContango
VXX 20.5 Puts — #VXXContango

SPX 1-dte

Sold to Open $SPX 3750/3770-4015-4035 condors for 1.30, SPX at 3909, IV 22.4%, deltas -.06 +.06

Closing MRNA

Bought to close $MRNA Jun 17 150/160 bear call spread @ .24. Sold for 1.60 on 5/24.

VXX Calls

Starting in on next week’s sales
Sold VXX Jun 17 2022 26.5 Calls at $0.42 and $0.44
Sold VXX Jun 17 2022 27.0 Calls at $0.29 and $0.37

Paired with all the short puts I rolled into yesterday for next week.

SPX stopped

#SPX1dte I just knew I should have gone long last night and I didn’t do it. So tough to follow my gut when my gut can often be wrong.

Haven’t closed it yet but I will be looking to do it at the open… almost was going to get 5 wins this week, but the struggle continues.

LABU early assignment

My LABU 06/10/2022 8.0 Put was assigned overnight. Basis for the new stock after put premium is $6.15

VXX Call Scalps

at the close Thursday
Sold VXX Jun 10 25.0 Calls at $0.12
Sold VXX Jun 10 25.5 Calls at $0.08
1 day to expiration

VXX Puts rolled down

Bought to close VXX Jun 10 2022 22.0 Puts at $0.23. Sold on a roll last week at $0.88
Sold to Open VXX Jun 17 2022 21.0 Puts at $0.31 for a credit of $0.08 and a strike price a point lower.

Bought to close VXX Jun 10 2022 22.5 Puts at $0.45. Sold on a roll last week at $1.18
Sold to Open VXX Jun 17 2022 21.5 Puts at $0.49 for a credit of $0.04 and a strike price a point lower.

Bought to close VXX Jun 10 2022 23.5 Puts at $0.70. Sold on a roll last week at $1.87
Sold to Open VXX Jun 17 2022 22.5 Puts at $0.72 for a credit of $0.02 and a strike price a point lower

Bought to close 1 VXX Jun 10 21.0 Put at $0.01. Sold last week at $0.51
#VXXContango

SPX stopped

#SPX1dte Looks like I picked the wrong day to exit cheaply.

Bought to close $SPX June 9th 4040/4020 put spreads for 1.15. Condors sold yesterday for 1.45.

TQQQ and TNA Calls rolled up

An early roll for both, but these are the calls with the lowest strike for this week that I am short.
Bought to close TQQQ Jun 10 2022 29.0 Calls at $2.78. Sold last week on a roll at $4.77
Sold to Open TQQQ Jun 17 2022 30.0 Calls at $2.80 for a $0.02 Credit plus a point better short strike

Bought to close TNA Jun 10 2022 42.0 Calls at $2.44. Sold last week on a roll at $4.10.
Sold to Open TQQQ Jun 17 2022 44.0 Calls at $2.47 for a $0.03 Credit plus 2 points better on the short strike

SPY TLT TQQQ

#ShortPuts #CoveredCalls – A slow week with most of my positions next week. Did add a couple today though.

Sold SPY JUL 29 2022 375.0 Put @ 4.70

Sold TLT JUL 15 2022 115.0 Put @ 3.10

Rolled TQQQ JUN 17 2022 38.0 Calls to JUN 17 2022 35.0 Calls @ .55 credit (1.40 total now)

TWTR

Missed this yesterday
Sold off all my remaining TWTR at $41.28
Bought back in January at $35.00, and added after Musk’s offer at $39.00 and $37.50 on 05/16
#RaisingCash #FormerFallingKnife

MARKETS

ZZZZZZZZZZZzzzzzzzzzzzzzz………………….. again

LABU Calls

Sold LABU 8.0 Covered Calls at $0.05.

#optionsexpiration SOXL BTC 10 JUN…

#optionsexpiration
SOXL
BTC 10 JUN 2022 25 CALL @.18 /STO .58
don’t know what Friday brings
—————-
#shortputs
SOXL
STO 10 JUN 2022 20 PUT @.11

SPX risk off

#SPX1dte I’d say it is unlikely, but this looks like one of those days that COULD just fall apart.

Bought to close $SPX June 8th 4075/4055 put spreads for .15. Condors sold yesterday for 1.55.

Stocks

Lightened up on some more tiny stock positions
Sold out of A at $130.77. Bought in April at $123.00 and again in May at $116.00.
Sold out of PPL at $30.48. Bought in February at $25.72
#RaisingCash #FormerFallingKnife

TNA Call Scalp

Sold TNA Jun 10 2022 51.0 Calls at $0.36

SPX 1-dte

#SPX1dte Sold to Open $SPX June 8th 4055/4075-4230/4250 condors for 1.55, SPX at 4160, IV 22.7%, delta -.06 +.07

#shortputs SOXL STO 10 JUN…

#shortputs
SOXL
STO 10 JUN 2022 20.5 PUT @.25

#shortputs Labu sto 4.50 put…

#shortputs
Labu
sto 4.50 put June 19@ .05
late yesterday

SPX 1-dte

#SPX1dte Sold to Open $SPX June 7th 4005/4030-4200/4225 condors for 1.60, SPX at 4119, IV 24.7%, deltas -.05 +.06. ***25-pt wide wings since there is no 4220 strike available.***

TQQQ Calls

Just like the TNA trades below (and it doesn’t happen often), sometimes I get to sell the long side of my old diagonal spreads at a gain.
Sold to Close TQQQ Jun 17 2022 36.0 Calls at $1.09. Bought at $0.34.
Sold to Close TQQQ Jun 17 2022 37.5 Calls at $0.70. Bought at $0.24, $0.26 and $0.37.

SPY,

Iron condor, STO July 22
360/370 put-460/470call spreads at 1.15

VXX Puts

A new #VXXContango spread
Bought to Open VXX Jan 20 2023 6.0 Puts at $0.07
Sold to open VXX Jun 10 2022 20.5 Puts at $0.15 for a $0.08 Credit.
Short DTE = 4
Long DTE = 228