Sold to Open this Friday BeCS 5800/5805 @ 1.25
Recent Updates Page 20
TROW TGT CE MRK BA NVDA VXX
Sold TROW 03/21/2025 100/95 Bear Call Spreads $0.57 and $0.80 Credits
Sold TGT 03/21/2025 117/110 Bear Call Spreads at $0.33 and $0.44 Credits
Sold 1 CE 03/21/2025 100/95 Bear Call Spread at $0.47 Credit
Sold 1 MRK 03/21/2025 100/97 Bear Call Spread at $0.31 Credit
Sold 1 BA 03/21/2025 145/152.5 Bull Put Spread at $0.53 Credit
Sold 1 NVDA 03/21/2025 106/110 Bull Put Spread at $0.34 Credit
Sold VXX 03/21/2025 42/46.5 Bull Put Spreads at $0.12 and $0.19 Credits
CLF AAP SOXL APA
Sold 1 CLF 03/21/2025 11.5 Covered Call at $0.07
Sold 1 AAP 03/21/2025 33.0 Put at $0.08
Sold 1 SOXL 03/21/2025 16.0 Put at $0.08
Sold 2 APA 03/21/2025 20.5 Covered Calls at $0.15
#EveryLittleBitHelps
TQQQ,
STO May 2, 45/85 strangle at 1.40, 46 days to expiration but I will probably take it off at 21 days.
SPX 0-dte trades for 3/17/25
#SPX0dte Sold to Open $SPX Mar 17th 5515/5535-5715/5735 condors for 1.50, IV 35.81%, deltas -.06 +.06
IV and width have gotten smaller than any day of last 2 weeks.
Earnings 3/17 – 3/21
Econ Calendar 3/17 – 3/21
Retail sales Monday, Fed decision Wednesday
SPY
A rare 90%+ up day for the #SP500.
only 49/500 down on the day
VXX Call Covered
Rolled bunches of calls in VXX for the 2nd week in a row but covered this one
Bought to close 1 VXX 03/14/2025 52.0 Call at $0.01
Sold last Friday on a roll at $4.18
CVS Calls Rolled
Rolled 1 CVS 03/14/2025 72/65 Bear Call Spread to next week at $0.43 Credit
FANG Stock
Sold out of my tiny position in FANG at $150.01
Bought on 03/10 at $138.00 and never got a chance to add more
#FormerFallingKnife
APA BA MRK NVDA Calls rolled
Rolled 1 APA 03/14/2025 20.0 Covered Call to next week at $0.29 Credit
Rolled 1 BA 03/14/2025 172.5/160 Bear Call Spread to 1 BA 03/21/2025 172.5/162.5 Bear Call Spread at $0.93 Credit
(Rolled the short strike up 2.5 Points which lowered the spread requirement)
Rolled 1 MRK 03/14/2025 101/94 Bear Call Spread to 1 MRK 03/21/2025 100/96 Bear Call Spread at $0.04 Credit
(Rolled the short strike up 2 Points and the long strike down a point which lowered the spread requirement)
Rolled 1 NVDA 03/14/2025 125/120 Bear Call Spread to 1 NVDA 03/21/2025 126/122 Bear Call Spread at $0.23 Credit
(Rolled the short strike up a 2 points and the long strike up only 1 point which lowered the spread requirement)
All the rest of my BA, MRK and NVDA spreads are expiring
NUE UAL Spreads closed
Bought to close 1 NUE 03/14/2025 115/120 Bull Put Spread at $0.02
Bought to close 1 UAL 03/14/2025 65/70 Bull Put Spread at $0.01
#ReleasingMargin
SPX 0-dte trades for 3/14/25
#SPX0dte Sold to Open $SPX Mar 14th 5430/5450-5665/5685 condors for 1.50, IV 41.25%, deltas -.07 +.05
Lowest chain IV of the week to start the day… I think premarket deltas a bit off and will shift toward upside at the open.
NVDA, BA, PLTO..
BTC NVDA 21 MAR 25 100 PUT @.41…..STO 3/6 @ 2.35…
STO PLTO 17 APR 25 12 PUT @.56.
#shortputs
BTC BA 21 MAR 25 205 CALL @.03…STO 2/12 @ 1.55
#coveredcalls
SPY Expiration
The last SPY position for now
1 SPY 03/13/2025 535/540 Bull Put Spread
FRT TGT TROW Stock
Started a tiny new position in FRT at $95.00
Started a tiny new position in TGT at $105.00
Added a tiny bit more to my TROW position at $92.20 and $91.99
#SP500 #FallingKnife
Market, I covered all my…
Market, I covered all my positions for a small loss and am again in all cash. I am still up on the year and just protecting my gains until the market tells me to get back in. I only trade the TQQQ so am waiting for a decline before I jump back in. Since it a leveraged ETF, It could go below 10 or more if the news is bad enough. Good luck to everyone.
VXX Puts
Sold 1 VXX 03/21/2025 40/46 Bull Put Spread at $0.23 Credit
SPX 0-dte trades for 3/13/25
#SPX0dte Sold to Open $SPX Mar 13th 5455/5475-5690/5710 condors for 1.60, IV 43.46%, deltas -.05 +.07
SPY Expiration
1 SPY 03/12/2025 540/545 Bull Put Spread
VXX Puts
Sold VXX 03/14/2025 46/50 Bull Put Spreads at $0.17, $0.18, $0.19, $0.20, $0.21 and $0.22 Credits
All sold against existing Bear Call spreads the are now starting to work out
BOIL Calls
Rolled 1 BOIL 03/14/2025 87.5/84 Bear Call Spread to 1 BOIL 03/21/2025 90/85 Bear Call Spread at $0.23 Credit
LEG Put
Sold 1 LEG 03/21/2025 7.5 Put at $0.20
#TinyPuts
VXX Puts
Sold VXX 03/21/2025 40/46 Bull Put Spreads at $0.17 Credit
SPCE SOXL
#bloodbath
SOLD SPCE @2.94
#coveredcalls
SOLD SOXL 14 MAR 25 21.5 CALL @.10
TQQQ CLF Calls
Sold 1 TQQQ 03/14/2025 68.0 Covered Call at $0.22
Sold 1 CLF 03/14/2025 11.0 Covered Call at $0.03
#EveryLitttleBitHelps
AMZN
Adding one. Prior to earnings.
Sold AMZN Apr 17 2025 180.0 Put @ 3.20
TROW LYB HST Stocks
Added a tiny bit more TROW at $92.99 just before the XDIV date tomorrow
Added a tiny bit of LYB at $72.00
Started a tiny position in HST at $15.00
#SP500 #FallingKnife
SPX
Rolled on the opening bounce. Giving it time for the VIX curve to flatten out a little.
Rolled SPX Mar 14 2025 5975.0 Put to Apr 17 2025 5975.0 Put @ 1.00 credit (63.10 total now)
VXX Puts
Sold VXX 03/14/2025 46/50 Bull Put Spreads at $0.13, $0.15 and $0.16 Credits
META BA OKLO Strangles
Sold 1 META 03/14/2025 545/550/670/675 Strangle at $0.48 Credit
Sold 1 BA 03/14/2025 135/140/167.50/172.5 Strangle at $0.50 Credit
Sold 1 OKLO 03/14/2025 20/22/32/34 Strangle at $0.45 Credit
UVXY call spread
Sold to open $UVXY Apr 17 30/40 bear call spread @ 1.56
SPX 0-dte trades for 3/12/25
#SPX0dte Sold to Open $SPX Mar 12th 5475/5495-5745/5765 condors for 1.50, IV 49.55%, deltas -.05 +.07
Orders in to close puts for .35 and calls for .15
Inflation hits 2.8% in February, less than expected
CPI ticked up a seasonally adjusted 0.2% for the month, putting the annual inflation rate at 2.8%. Economists surveyed by Dow Jones had been looking for 0.3% increases on both headline and core, with respective annual rates of 2.9% and 3.2%, meaning that all of the rates were 0.1 percentage point less than expected.
https://www.cnbc.com/2025/03/12/cpi-inflation-report-february-2025.html
SPY Expiration
1 SPY 03/11/2024 544/549 Bull Put Spread
TQQQ,
STO April 25, $80 calls at .85
NVDA DECK RDDT Strangles
Sold 1 NVDA 03/14/2025 90/95/120/125 Strangle at $0.50 Credit
Sold 1 DECK 03/14/2025 110/115/130/135 Strangle at $0.82 Credit
Sold 1 RDDT 03/14/2025 149/144 Bear Call Spread at $0.30 Credit.
Paired with 1 RDDT 03/14/2025 95/100 Bull Put Spread sold yesterday, creating a strangle
BA Calls
Sold 1 BA 03/14/2025 165/160 Bear Call Spread at $0.34 Credit
Paired with BA Puts sold yesterday
Just out of curiosity stuck…
Just out of curiosity stuck a Fibonacci retracement on the daily. The 161.8 retracement is sitting in the middle of the daily candle that is forming today on /ES/SPY/SPX.
Bottom? We won’t know until it is in the rear view mirror. As I mentioned yesterday tread lightly but there are also some opportunities developing for those if us that think a little longer term. Meaning weeks, months, and years, not 930 am to 4 pm like the day traders.
Plus premiums are inflated!!
Trade smarter 🙂
NVDY, TSLY, MSTY, CONY
Does anyone know if there is a downside to holding NVDY, TSLY, MSTY, CONY long-term?
Do they have a tendency to go down over time?
TROW stock
Added a tiny bit of TROW at $97.00
Ex-Div on 03/14 for $1.27 – Yield = 5.14%
#SP500 #FallingKnife
MSFT Calls
Sold 1 MSFT 03/14/2025 400/395 Bear Call Spread at $0.67 Credit
Paired with MSFT Puts sold yesterday
SPX 0-dte trades for 3/11/25
#SPX0dte Sold to Open $SPX Mar 11th 5440/5460-5725/5745 condors for 1.80, IV 55.01%, deltas -.06 +.06
Orders in to close put side for 40 and call side for 20
Testing testing 1, 2, 3…
$SPX testing a prior resistance level as support today… we peaked at the 5651 area last July and August.
SPY Expiration
1 SPY 03/10/2025 545/550 Bull Put Spread
BA DECK MSFT RDDT UAL Puts
Sold 1 BA 03/14/2025 131/136 Bull Put Spread at $0.34 Credit
Sold 1 DECK 03/14/2025 104/109 Bull Put Spread at $0.33 Credit
Sold 1 MSFT 03/14/2025 345/350 Bull Put Spread at $0.24 Credit
Sold 1 RDDT 03/14/2025 95/100 Bull Put Spread at $0.84 Credit
Sold 1 UAL 03/14/2025 62/67 Bull Put Spread at $0.33 Credit
SPY Puts
Sold 1 SPY 03/11/2025 544/549 Bull Put Spread at $0.27 Credit
Sold 1 SPY 03/12/2025 540/545 Bull Put Spread at $0.33 Credit
Sold 1 SPY 03/13/2025 535/540 Bull Put Spread at $0.33 Credit
#SPYLadder
ARE CCI FANG VZ Stocks
Sold a tiny bit of ARE at $103.64. Bought this lot on 12/18 at $100.00
Sold the last tiny bit of CCI at $98.04. Bought on 01/08 at $87.00
Sold a tiny bit of VZ at $47.18. My highest and oldest lot in this account bought in May 2022.
#FormerFallingKnife
Started a tiny new position in FANG at $138.00
#SP500 #FallingKnife
AAP CLF INTC MSTX SOXL Puts
Sold 1 AAP 03/14/2025 33.0 Put at $0.39
Sold 1 CLF 03/14/025 9.0 Put at $0.11
Sold CLF 03/14/025 8.5 Puts at $0.06 and $0.08
Sold 1 INTC 03/14/2025 18.5 Put at $0.12
Sold MSTX 03/14/2025 11.0 Puts at $0.10, $0.20 and $0.25
Sold 1 SOXL 03/14/2025 15.0 Put at $0.17
#TinyPuts
SPX 0-dte trades for 3/10/25
#SPX0dte #riskreversal
Sold $SPX Mar 10th 5810/5830 call spreads, delta +.06
Bought SPX Mar 10th 5565/5545 put spreads, delta -.05
Net CREDIT +.20
SPY
Adding at the top of the ladder.
Sold SPY Apr 17 2025 560.0 Put @ 12.50
TQQQ,
STO April 17, $85 calls at .80 cents on Friday.
Earnings 3/10 – 3/14
Econ Calendar 3/10 – 3/14
After Monday a busy week with JOLT, CPI, PPI, and Michigan data
SPY
One more.
Sold SPY Apr 17 2025 505.0 Put @ 3.15
BMY TROW Stock
Sold a tiny bit of my BMY stock at $63.01
Bought at $42.00 last May
#FormerFallingKnife
Bought a tiny bit of TROW at $98.00
Ex-Div on 03/14 for $1.27 – Yield = 5.13%
#SP500 #FallingKnife
SOXL
#optionsexpiration
soxl 3/7/2025 /28 call
BIIB stock
Closed out my tiny BBIB stock position at $151.01 and 152.01.
Bought at 137.98 and 148.00
SPX 0-dte trades for 3/7/24
#SPX0dte Sold to Open $SPX Mar 7th 5565/5585-5860/5880 condors for 1.85, IV 55.52%, deltas -.06 +.06
Very wide condor after two days where the swings were dramatic but not breaching 6-delta stop points. I know more data and Powell/Trump speeches coming this afternoon. I will endeavor to close both sides before close.
February Jobs Report
#Jobs — Slightly less than expected; UE a bit higher
Gain of +151,000 non-farm payroll jobs, vs. expected gain of 170K
Unemployment up 0.1 to 4.1%
U6 unemployment 8.0%, up by 0.5%
Labor force participation down 0.2 to 62.4%
Average hourly earnings up by 0.3%, as expected; +4.0% Y/Y
December jobs revised up by +16K to +323K
January jobs revised down by +18K to +125K
SPY Expiration
1 SPY 03/06/2025 555/560 Bull Put Spread
SPY Puts
Sold 1 SPY Mar 10 2025 550/555 Bull Put Spread at $0.30 Credit
SPY
Can’t resist…a little more.
Sold SPY Apr 17 2025 510.0 Puts @ 2.80
And
Rolled up long 260s to 300s @ .06 debit (same expiration)
SPX 0-dte trades for 3/6/25
#SPX0dte Third day trying bearish #RiskReversal. 1st day was small win, 2nd was smaller loss. Looking for a medium size profit here, not waiting for ITM puts
Sold $SPX Mar 6th 5875/5895 calls, delta +.06
Bought SPX Mar 6th 5650/5630 puts, delta -.08
IV 48.71%
Net DEBIT -.20
SPY Expiration
1 SPY Mar 05 2025 558/563 Bull Put Spread
TSLA AI NVDA BUD Calls
#coveredcalls #syntheticcoveredcalls
$TSLA STO 3/7 300 call at 1.21
$AI STO 3/7 23.5 call at .24
$NVDA STO 3/7 125 call at .50
$BUD STO 3/7 63 call at .35
SOXL
SOLD SOXL 7 MAR 25 28 CALL @.03
TQQQ,
STO March 14, 60/90 strangle at .63
SPX
Maybe a little early on these but I’ll take ’em on the bounce.
Rolled SPX Mar 07 2025 5985.0 Put to Mar 14 2025 5975.0 Put @ 2.00 credit (62.10 total now)
Rolled SPX Mar 07 2025 6090.0 Put to Apr 17 2025 6085.0 Put @ 1.00 credit (27.85 total now)
COP MOS
Added a tiny bit of MOS at $23.00
Added a tiny bit of COP at $87.00
#SP500 #FallingKnife
SPX 0-dte trades for 3/5/25
#SPX0dte Another #RiskReversal for downside fun…
Sold to Open $SPX Mar 5 5890/5910 call spreads, delta +.07
Bought to open SPX Mar 5th 5640/5620 put spreads, delta -.06
IV 51.87%
Net CREDIT +.40
Won’t hold this for too long, looking for a move in first 30 minutes or I’ll bail.
RDDT
BTO RDDT 4/4/25 $165/$185 bull call spread @ $6.59 debit
SPY Expiration
1 SPY 03/04/2025 561/566 Bull Put Spread expiring
Sold 1 SPY 03/07/2025 555/560 Bull Put Spread at $0.48 Credit to replace it
#SPYLadder
AMZN adding a ladder rung
Sold to open Apr 17 170 put @ 1.20
Ladder is now:
Mar 21 205 put
Mar 28 200 put
Apr 4 190 put
Apr 17 195 put
Apr 17 170 put
Options Bistro 