Moving from Mar to Feb and adding.
Bought to Close TLT Mar 21 2025 85.0 Puts @ 1.25 (sold for 2.17)
Bought to Close TLT Mar 21 2025 87.0 Put @ 2.11 (sold for 2.10)
Sold TLT Feb 21 2025 85.0 Puts @ .60
Sold TLT Feb 21 2025 85.5 Puts @ .82
Sold TLT Feb 21 2025 86.0 Puts @ 1.00
Sold TLT Feb 21 2025 86.5 Puts @ 1.24
Sold TLT Feb 21 2025 87.0 Puts @ 1.48
Sold TLT Feb 21 2025 87.5 Put @ 1.79
Sold TLT Feb 21 2025 88.0 Put @ 2.12
#SPX0dte On the bell, sold to Open $SPX Jan 24th 6040/6060-6155/6175 condors for 1.05, IV 17.46%, deltas -.07 +.07
NOT a good fill on this. I put the order in before the open and got no fill until the bell, when I could have gotten at least 20 cents more. I waited for the open every day this week and always ended up chasing up for premium… this time I could have gotten a heartier fill.
$SPX closing above 6100 for first time ever, squeezing the bears again, 7 of last 8 days higher now 😂
$SPX bears are crying ……
Rolled Jan 24 2025 24/45 Bull Put Spreads to VXX Jan 31 38/44.5 Bull Put Spread at $0.03 Credit
Rolled Jan 24 2025 23/46 Bull Put Spreads to VXX Jan 31 38/45.5 Bull Put Spread at $0.04 Credit
Lowered the spread requirements and lowered the short put strikes by $0.50
Sold these last week and they’re getting demolished. But…they’ve enticed Mr. Market to come up to my SPX puts that were sold against the LEAPS which is where my big premium is sitting.
Sold SPX Jan 31 2025 5995/6000 Bear Call Spreads @ 1.25
So:
Sold SPX Jan 31 2025 6000/5995 Bull Put Spreads @ .75
6 contracts so max loss is $1800 locked in even if we tank. Agressive SPY puts sold reduce this to 800. Roll up of SPX put sales against LEAPS brings in waaaay more so all good. See where we end up next Friday to manage all this.
Hindsight:
Had I known about the impending rally I would have just sat on my hands. LOL
Wanting to add lower but just not getting weak enough. See if I can get Mr. Market to come on down!
Sold TLT Mar 21 2025 87.0 Put @ 2.10
Sold against the LEAPS position.
Rolled SPX Jan 31 2025 6025.0 Puts to Jan 31 2025 6035.0 Puts @ 2.25 credit (43.75 total now)
Rolled SPX Jan 31 2025 6025.0 Put to Jan 31 2025 6035.0 Puts @ 2.25 credit (40.60 total now)
Sold 1 EA Jan 24 2025 105 Put at $0.10
Sold 1 FCX Jan 24 2025 35.5 Put at $0.11
#TinyPuts
Sold WBA Jan 24 2025 13.5 Covered Calls at $0.01
#EveryLittleBit Helps
Added a tiny bit of HSY at $150.00
#SP500 #FallingKnife
#SPX0dte Sold to Open $SPX Jan 23rd 6010/6030-6115/6135 condors for 1.145, IV 16.99%, deltas -.08 +.06
STO January 31, $80 puts at .65
STO January 31, $76 puts at .29, I missed this rally.
#shortputs
$BA BTC 1/24 170 put at .20. Thanks for the idea @fuzzballl Rolled this once and took in 5.40.
See if we get a little pullback over the next 30 days.
Bought to Open SPX Feb 21 2025 5975.0/5950.0 Bear Put Spread @ 4.60
Sold against the LEAPS position.
Rolled SPX Jan 31 2025 6010.0 Puts to Jan 31 2025 6025.0 Puts @ 3.00 credit (41.50 total now)
Rolled SPX Jan 31 2025 6010.0 Put to Jan 31 2025 6025.0 Puts @ 2.95 credit (38.35 total now)
#SPX0dte Sold to Open $SPX Jan 22nd 6005/6025-6115/6135 condors for .95, IV 17.08%, deltas -.06 +.06
What a difference a day makes… massive drop in volatility and premium in the options after weeks of 120-200 point wide 6-delta condors for 1.20-1.50. Today we dropped back to sub 100 pt spread and sub 1.00. Upside Warning likely coming, but as usual it’s lagging.
#2to100percentgoal
#everylittlebithelps
SOLD VERTICAL MSTR 24 JAN 2025 260/257.5 PUT @.07
#dividends
BOT YMAX @16.86
BOT GOF @15.32
BOT RYLD @16.545
BOT YMAG @18.74
BOT QYLD @18.39
BOT TSLY @14.48
#parkingcash
BOT BIL @91.63
#SPX0-dte Sold to Open $SPX Jan 21st 5930/5950-6080/6100 condors for 0.977, IV 23.13%, deltas -.05 +.06
Rolled QQQ 1/21/25 530 short Calls to 1/22/25 538 @ .20 Credit
Hedge against the hedge against the hedge that’s sold against my hedge. (I think)
Jan 31 expiration:
Short SPX 6010 puts against LEAPS.
SPX Bear call spreads @ 5995/6000
And now to cap the rally:
Sold SPY Jan 31 2025 595.0 Put @ 4.35
Sold SPY Jan 31 2025 600.0 Put @ 6.25
What would I like to see? Down a little without a crash. Maybe SPX 5990 at expiration. If needed I can still sell SPX put spreads aganst the call spreads. The real money is in the SPX 6010 puts though.
In and out for the second time in Jan. Taking 60 to 70 percent of max a month or two early.
Bought to Close SPY Feb 21 2025 550.0 Put @ 1.14 (sold for 3.00)
Bought to Close SPY Feb 21 2025 560.0 Put @ 1.61 (sold for 3.35)
Bought to Close SPY Mar 21 2025 510.0 Put @ 1.29 (sold for 3.00)
Bought to Close SPY Mar 21 2025 520.0 Put @ 1.57 (sold for 3.15)
Bought to Close SPY Mar 21 2025 530.0 Put @ 1.88 (sold for 4.00)
Bought to Close SPY Mar 21 2025 540.0 Put @ 2.36 (sold for 5.00)
A move like we’ve had this week gotta take some profits. I’ll wait for earnings to maybe re-enter.
Bought to Close NVDA Feb 14 2025 120.0 Put @ .82 (sold for 2.15)
Bought to Close NVDA Feb 14 2025 125.0 Put @ 1.46 (Sold for 2.12)
Bought to Close NVDA Mar 21 2025 110.0 Put @ 1.76 (sold for 2.44)
#raisingcash
SOLD AMZY @18.85
SOLD APLY @16.45
#dividends
BOT TSLY @14.50903
BOT MSTY @29.63
#rolling
SOLD CALENDAR SPCE 24 JAN 2025/17 JAN 25 6.5 PUT @.11
SOLD CALENDAR SPCE 24 JAN 2025/17 JAN 25 6 PUT @.04
#shortputs
$BA BTC 1/17 167.50 put at .05. STO at 3.25. Thank you @fuzzballl for the idea
#SPX0dte Sold to Open $SPX Jan 17th 5895/5915-6040/6060 condors for 1.05, IV 23.41, deltas -.06 +.05
BTC the Jan. 31, $70 puts at .54 that I sold yesterday at .82, I will wait until I see what the new Admin is going to do.
Sold my last preferred stock/had bunches at one time and slowly were called or stopped paying etc /this one had pumped out 8.8%yearly return for 15 years.
Replaced with MSTY.
SOLD DSXpB @26.11
—
#dividends
BOT MSTY @27.77
Rolled QQQ 1/17/25 523 short Calls to 1/21/25 530 @ .46 Credit
STO January 31, $70 puts at .82
#shortputs
#LOOKING FOR2%
#everylittlebithelps
SOLD VERTICAL XLE 24 JAN 2025 88/87 PUT @.03
SOLD VERTICAL MSTR 24 JAN 2025 242.5/240 PUT @.06
SOLD VERTICAL META 24 JAN 2025 555/550 PUT @.11
SOLD VERTICAL USO 24 JAN 2025 77.5/76.5 PUT @.07
SOLD VERTICAL DIA 24 JAN 2025 416/415 PUT @.03
SOLD VERTICAL SPX 24 JAN 2025 5740/5735 PUT @.20
#SPX0dte Sold to Open $SPX Jan 16th 5860/5880-6015/6035 condors for 1.35, deltas -.05 +.07, at the beel when order was filled. IV around 25%…. TOS option chain was showing incorrect IV/EM data, but just corrected a couple minutes after the open.
US INITIAL JOBLESS CLAIMS ACTUAL 217K (FORECAST 210K, PREVIOUS 201K)
US RETAIL SALES MOM ACTUAL 0.4% (FORECAST 0.6%, PREVIOUS 0.7%)
SPY Jan 15 2025 565/570 Bull Put Spread
SPY Jan 15 2025 564/569 Bull Put Spread
SPY Jan 15 2025 563/568 Bull Put Spread
All sold yesterday
$TQQQ BTC 1/17/2025 70 put at .o5 Thanks @jsd501 for the idea
#coveredcalls
SOLD SOXL 17 JAN 2025 33.5 CALL @.06
Sold a tiny bit of VFC at $23.49
Sold a tiny bit of BOIL at $70.15
Sold a tiny bit of MPC at $151.14
$GOOGL STO 1/17 197.5 call at .40
$META STO 1/17 627.5 call at 3.42
$NVDA STO 1/17 137 call at .90
$NVDA STO 1/17 138 call at .90
STO 1/17/25 523 calls @ .44 credit
(previous QQQ Short calls expired worthless)
#SPX0dte Sold to Open $SPX Jan 16th 5815/5835-5985/6005 condors for 1.25, IV 30.45%, deltas -.05 +.06
The consumer price index increased 0.4% on the month, putting the 12-month inflation rate at 2.9%, the Bureau of Labor Statistics reported Wednesday. Economists surveyed by Dow Jones had been looking for respective readings of 0.3% and 2.9%.
However, excluding food and energy, the core CPI annual rate was 3.2%, a notch down from the month before and slightly better than the 3.3% forecast. The core measure rose 0.2% on a monthly basis, also 0.1 percentage point less than expected.
https://www.cnbc.com/2025/01/15/cpi-inflation-december-2024-.html
Lottery ticket centered on the upper edge of the expected move.
Bought Jan 17 SPX 5930/5945/5960 Call Butterfly @ .65
EDIT:
Added 5715/5700/5685 Put Butterfly @ .40 Lower edge of expected move.
@fuzzballl
Any trades on XBI?
It is below $87
Initial SPY position – starting a new #SPYLadder
Sold 1 SPY Jan 15 2025 565/570 Bull Put Spread at $0.14 Credit
#EveryLittleBitHelps
Added a tiny bit of HSY at $156.00
#SP500 #FallingKnife
Started a tiny position in TLT at $85.00
Thanks @fuzzballl for the idea
Sold 1 SLB 01/17/2025 36.5 Put at $0.09
#EveryLittleBitHelps
Weird. Feels like it’s already been a fairly wild week but the white line is where we closed last Friday.
Hedge against the hedge that’s sold against my hedge. (I think)
Sold SPX Jan 31 2025 5995/6000 Bear Call Spreads @ 1.20
Sold 1 VXX 01/17/2025 65/54 Bear Call Spread at $0.29 Credit
Sold 1 VXX 01/17/2025 65/55 Bear Call Spread at $0.26 Credit
Sold 1 VXX 01/17/2025 62/54 Bear Call Spread at $0.24 Credit
Sold 1 VXX 01/17/2025 61/56 Bear Call Spread at $0.18 Credit
Sold 1 VXX 01/17/2025 45.5 Put at $0.43
Sold 1 VXX 01/17/2025 45.0 Put at $0.35
Sold 1 VXX 01/17/2025 44.5 Put at $0.34
Sold 1 VXX 01/17/2025 44.0 Put at $0.15
#SPX0dte Sold To Open $SPX Jan 14th 5755/5775-5925/5945 condors for 1.40, IV 30.87%, deltas -.07 +.05
Here we go. Approaching Oct 2023 lows and lifetime lows on this thing going all the way back to 2004. Divvy is higher than a money market account now. Getting long with defined risk.
Sold a starter position:
Sold TLT Mar 21 2025 85.0 Puts @ 2.17
Bought twice my max projected long size:
Bought to Open TLT Jan 16 2026 55.0 Puts @ .10
So if we default on the debt and TLT goes to zero I’ll actually make a lot more. LOL
#parkingcash
BOT BIL @91.55
——–
#2%return
SOLD VERTICAL NFLX 17 JAN 2025 780/775 PUT @.15
—-
#dividends
#smallbuy
BOT YMAX @16.096
BOT CONY @12.00
BOT YMAG @18.31
BOT GOF @15.21
#shortputs
SOLD SPCE 100 17 JAN 25 6 PUT @.48
Sold CLF 01/17/2025 10.5 Covered Calls at $0.11 and $0.12
Sold CLF 02/07/2025 12.5 Covered Calls at $0.12
Sold 1 SPCE 01/17/2025 5.0 Put at $0.09
Sold 1 SOXL 01/17/2025 20.0 Put at $0.10
Sold 1 CPB 01/17/2025 36.0 Put at $0.15
Sold 1 PPG 01/17/2025 108.0 Put at $0.15
#SPX0dte Sold to open $SPX Jan 13th 5670/5690-5860/5880 condors for 1.25, IV 32.79%, deltas -.06 +.05
Banks kick off earnings season
CPI report on Wednesday
#shortputs
SOLD SOXL 17 JAN 2025 23.5 PUT @.26
Sold to open $UVXY Feb 21 25/35 bear call spreads @ 1.13-1.18
#parkingcash
#dividends
#smallbuy
BOT BIL @91.54
BOT GOF @15.30
#dividends
#smallbuy
BOT AMZY @18.81
BOT SVOL @20.49
Cashing in the hedge. Still long a bunch of VIX for Feb.
Bought to Close Feb monthly 6175/6185 Bear Call Spread
Sold to Close Feb monthly 5600/5550 Bear Put Spread
Net credit of 7.25 (bought for 4.25)
Adding.
Sold SPY Mar 21 2025 510.0 Put @ 3.00
#kickthecan
#rolling
#FORCREDIT
#everylittlebithelps
SOLD CALENDAR SPCE 17 JAN 2025/10 JAN 2025 6.5 PUT @.08
Just for a little something to play with now that I’m not splashing around in the Boeing pool anymore. Small add before earnings.
Sold NVDA Feb 14 2025 120.0 Put @ 2.15
Adding.
Sold SPY Mar 21 2025 520.0 Put @ 3.15
#SPX0dte Sold to Open $SPX Jan 10th 5750/5770-5950/5970 condors for 1.40, IV 34.89%, deltas -.06 +.06
#Jobs — 100K higher than expected; wage growth slowing
Gain of +256,000 non-farm payroll jobs, vs. expected gain of 155K
Unemployment down 0.1 to 4.1%, vs expected unchanged
U6 unemployment 7.5%, lowest since June
Labor force participation unchanged at 62.5%
Average hourly earnings up by 0.3%; +3.9% Y/Y, both below expectations
October jobs revised up by +7K to +43K
November jobs revised down by +15K to +212K
Just got off phone with them… they stopped allowing opening new positions for options expiring on 8th and 9th. It was a result of the confusion they had in having to move all Jan 9th options to expire on the 8th, given that the 9th will be closed. They closed trading earlier, around 11 or 12 ET. No advance warning. Pretty lame.
So I’m done for today, I guess.
Adding another little Feb hedge. Will continue selling SPY puts on drops. If they take some heat the hedges should pay. This position is geared towards a drop to the 200 day.
Sold Feb monthly 6175/6185 Bear Call Spread
Bought Feb monthly 5600/5550 Bear Put Spread
Net debit of 4.25
Weekly candle and expected moves. Almost touched both sides in 3 days. Don’t think I’ve ever closed SPY puts and re-sold SPY puts in such a short time. 🙂 🙂
Tried doing the single candle screenshot but picture was waaaaay too big and blurry.
Adding at or below the expected move and below all the moving averages and approaching the Aug lows.
Sold SPY Mar 21 2025 530.0 Put @ 4.00
Sold SPY Mar 21 2025 540.0 Put @ 5.00
BTC January 17, $75 puts at 1.39 and $70 puts at .59 for my first loss in 2025. I don’t like what the news from D.C.
Hanging on by a thread at the 200 day. Taking these off for beer money.
Bought to Close BA Jan 17 2025 165.0 Put @ 1.58 (sold for 2.30)
Bought to Close BA Jan 17 2025 167.5 Puts @ 2.30 (sold for 2.47)
Bought to Close BA Jan 17 2025 167.5 Put @ 2.35 (sold for 2.75)
Options Bistro 