STC 2/28/25 145 Puts at $0.35 (at the open)
No further need for defensive Puts — Looks like the Bully action is starting again!
Recent Updates Page 44
RDDT DDOG TTD Puts
Sold 1 RDDT 02/14/2025 167.5/177.5 Bull Put Spread at $0.53 Credit
Sold 1 DDOG 02/14/2025 121/126 Bull Put Spread at $0.45 Credit
Sold 1 TTD 02/14/2025 75/79 Bull Put Spread at $0.43 Credit
#PostEarnings
CALENDAR alert: Tariff announcement
Trump has a press conference scheduled at 1pm ET regarding tariffs. Could be a market mover.
SPX 0-dte trades for 2/13/25
#SPX0dte Sold to Open $SPX 5960/5980-6105/6125 condors for 1.20, IV 21.87%, -.06 +.06
SPX
Out a day and up a strike.
Rolled SPX Feb 12 2025 6025.0 Put to Feb 13 2025 6030.0 Put @ 10.00 credit (21.05 total now)
MRNA LEN DHI PEP MRK Puts
Sold 1 MRNA 02/14/2025 25/27 Bull Put Spread at $0.19 Credit
Sold 1 LEN 02/14/2025 110/114 Bull Put Spread at $0.15 Credit
Sold 1 DHI 02/14/2025 118/122 Bull Put Spread at $0.16 Credit
Sold 1 PEP 02/14/2025 137/141 Bull Put Spread at $0.18 Credit
Sold 1 MRK 02/14/2025 83/85 Bull Put Spread at $0.24 Credit
SOXL
#rolling
SOLD SOXL 14 FEB 2025 28.5 PUT to 21 FEB 2025 28.5 put@.43
SOLD SPCE 14 FEB 2025 6.5 PUT to28 FEB 2025 6.5 put@.02
SPX
Roll out to tomorrow on the little bounce.
Rolled SPX Feb 12 2025 6045.0 Puts to Feb 13 2025 6045.0 Puts @ 9.75 credit (22.55 total now)
BIIB TQQQ SOXL VXX Puts
Sold 1 BIIB 02/14/2025 125/130 Bull Put Spread at $0.65 Credit
Sold 1 TQQQ 02/14/2025 73.5/78.5 Bull Put Spread at $0.47 Credit
Sold 1 SOXL 02/14/2025 24.5 Put at $0.14
Rolled 1 VXX 02/14/2025 44.5 Put to 1 VXX 02/21/2025 44.0 Put at $0.15 Credit
VXX CVS NUGT Calls
Sold 1 VXX 02/14/2025 56/48 Bear Call Spread at $0.22 Credit
Sold 1 VXX 02/14/2025 57/47 Bear Call Spread at $0.33 Credit
Rolled 1 long CVS 02/14/2025 64.0 Call to 1 CVS 02/21/2025 67.5 Call at $0.09 Credit
Bought 1 NUGT 02/21/2025 61.0 Call and Sold 1 NUGT 02/14/2025 54.0 Call at $0.50 Diagonal Credit
SPX 0-dte trades (or not) for 2/12/25
#SPX0dte Modeled some 6-delta condors 30 minutes before the open but shied away due to high volatility. Turns out they would have been perfect, with premium already halved 45 minutes later. May stay on sidelines or look for something after Powell testimony gets underway.
CPI up 0.5% in Jan, higher than expected
Monthly 0.5%; Annual rate at 3%. They were higher than the respective Dow Jones estimates for 0.3% and 2.9%. The annual rate was 0.1 percentage point higher than December.
https://www.cnbc.com/2025/02/12/cpi-january-2025.html
BOIL Calls
Rolled up 1 BOIL 02/14/2025 71.0 Call to 1 BOIL 02/21/2025 77.0 Call at $0.09 Credit
SPX
And the rest…
Bought to Close SPX Feb 11 2025 6045.0 Puts @ .80 (sold for 8.60)
Sold SPX Feb 12 2025 6045.0 Puts @ 12.80
SPX
One filled. Everything else sitting at 6045 today.
Bought to Close SPX Feb 11 2025 6025.0 Put @ 1.05 (sold for 14.50)
Sold SPX Feb 12 2025 6025.0 Put @ 11.05
TQQQ BOIL Puts
Sold 1 TQQQ 02/14/2025 74.5/79.5 Bull Put Spread at $0.35 Credit
Sold 1 BOIL 02/14/2025 50/57 Bull Put Spread at $0.23 Credit
TSLA creating ladder
Sold to open $TSLA Mar 21 240 puts @ 1.45, adding a rung to create a ladder with Mar 21 260 puts sold on 2/6.
TQQQ,
STO March 28, $65 puts at 1.26
CLF Calls
Sold 1 CLF 02/21/2025 15/12.5 Bear Call Spread at $0.32 Credit
Sold 1 CLF 02/28/2025 16/13.5 Bear Call Spread at $0.25 Credit
ALB CE Puts
Sold 1 ALB 02/14/2025 60/65 Bull Put Spread at $0.37 Credit
Sold 1 CE 02/21/2025 55/60 Bull Put Spread at $0.63 Credit
PSX Stock
Sold a tiny bit of PSX (pre-market) at $129.31. Bought in December at $118.00
Sold 1 tiny bit more on the open at $131.51. Bought at $115.00.
#FormerFallingKnife
SPX 0-dte trades for 2/11/25
#SPX0dte Sold to Open $SPX Feb 11th 5960/5980-6095/6115 condors for 1.30, IV 21.01%, deltas -.06 +.08
Could be a volatile day if the market decides to over-react to whatever Powell says on the Hill.
CLF Calls
Sold 1 CLF 02/14/2025 13.5/12 Bear Call Spread at $0.24 Credit
I also have long stock
SPX
Finally booking all the rolls and re-loading.
Bought to Close SPX Feb 10 2025 6035.0 Puts @ .30 (sold for 35.60)
Bought to Close SPX Feb 10 2025 6035.0 Puts @ .30 (sold for 64.25)
Sold SPX Feb 11 2025 6045.0 Puts @ 8.60
SPX
Closing this in another account. This is how you imagine these going in a perfect world (sideways choppy). LOL Opened on Nov 26 2024. Market is only 35 points higher now.
LEAPS made money while collecting daily premium.
Sold to Close SPX Dec 2029 6000/6000/6400 Synthetic Short Stock @ 318.0 credit (bought for 305.0)
Bought to Close SPX Feb 10 2025 6035.0 Put @ 2.45 (sold for 59.25)
So:
LEAPS gain: 13.00
Current short put gain: 56.80
Previous premium received: 68.05
Net gain: 137.85
EDIT: More data collected now. In a straight up market these average about 50 cents on a dollar profit of premium collected. In a near perfect world as we see here it’s over a dollar of profit per dollar collected. Overall in a wide variety of positions looking at around 70 cents on a dollar.
ADBE
From an old post earnings trade repair. I’ll take it!
Bought to Close ADBE Feb 21 2025 420/410/420 Inverted Jade Lizard @ 10.40 (sold for 10.10)
RDDT
BTO 2/28/25 145 Puts at .99
Earning Hedge
QQQ
#syntheticcoveredcalls STO 2/12/25 540 calls at .20
previous QQQ short call positions expired worthless
SPX
As long as we stay above 6035 should be booking a bunch of premium today. As current positions get paid off I’ll keep adding until reaching my max. Adding another one.
SPX Dec 2029 6000/6000/6400 @ 327.0 debit
Sold SPX Feb 11 2025 6025.0 Put @ 14.50
SPY
Moving some stuff around today. To simplify things having one account for SPX only and one account for SPY and whatever else happens to come along.
Bought to Close SPY Feb 21 2025 580.0 Puts @ .72 (sold for 2.30)
Bought to Close SPY Mar 21 2025 570.0 Put @ 2.76 (sold for 3.30)
Bought to Close SPY Mar 21 2025 575.0 Put @ 3.28 (sold for 3.82)
Bought to Close SPY Mar 21 2025 580.0 Put @ 3.81 (sold for 4.52)
BOIL VXX ADM OXY Calls
Sold 1 BOIL 02/14/2025 71/68 Bear Call Spread at $0.63 Credit
Sold 1 VXX 02/14/2025 57/47 Bear Call Spread at $0.28 Credit
Sold 1 ADM 02/14/2025 47.0 Covered Call at $0.20
Sold 1 OXY 02/14/2025 49.0 Covered Call at $0.11
WYNN ALB Puts
Sold 1 WYNN 02/14/2025 66/71 Bull Put Spread at $0.20 Credit
Sold 1 ALB 02/14/2025 66/71 Bull Put Spread at $0.93 Credit
AMD MSFT GOOGL NNE DELL Call
#syntheticcoveredcalls #coveredcalls
$AMD STO 2/14 114 call at .57
$MSFT STO 2/14 427.5 call at .35
$GOOGL STO 2/14 195 call at .30
$NNE STO 2/14 42.5 call at .55
$DELL STO 2/14 116 call at .52
ADM VFC CLF NUGT TQQQ
Sold to close 1 ADM 02/14/2025 44.5 Put at $0.25. Not needed since the assignment of the short ADM put Friday.
Sold 1 VFC 02/21/2025 21/23.5 Bull Put Spread at $0.48 Credit
Sold CLF 02/28/2025 13.5 Covered Calls at $0.09
Sold 1 CLF 02/14/2025 11.5 Covered Call at $0.35
Sold 1 NUGT 60/56 Diagonal Bear Call Spread at $0.15 Credit
Sold 1 TQQQ 97/90 Diagonal Bear Call Spread at $0.27 Credit
NVDA Put Close
#shortputs
$NVDA BTC 2/21 100 put at .10. STO at 1.15. Thank you @ramie77
SPX 0-dte trades for 2/10/25
#SPX0dte Sold to Open $SPX Feb 10th 5970/5990-6095/6115 condors for 1.50, IV 20.59%, deltas -.06 +.08
Earnings 2/10 – 2/14
Econ Calendar 2/10 – 2/14
Quiet Monday followed by two days of Powell testimony before Congress, and CPI Wednesday, PPI Thursday, Retail Sales Friday
Late trades
Just noticed these
Started a new position in FMC at $34.00
Started a new position in NKE at $69.00
#SP500 #FallingKnife
Liquidated my entire (very old) position in LNC at $37.14
#FormerFallingKnife
Sold 1 F 02/14/2024 9.0 Put at $0.09
#TinyPuts
OptionsExpiration
Got put a bit of stock but also got some called away. The massive down opening on Monday was really good to me this week.
I have very little rolled to next week.
EXPIRED:
AAP 42/45 Bull Put Spread
AMD 100/104 Bull Put Spread
AMD 95/100 Bull Put Spread
BOIL 45/47.5 Bull Put Spread
BOIL 45/48.5 Bull Put Spread
BOIL 45/52.5 Bull Put Spread
BOIL 50.5/54 Bull Put Spread
BOIL 71/63 Bear Call Spread
BOIL 71/66 Bear Call Spread
BOIL 71/67 Bear Call Spread
BOIL 71/69 Bear Call Spread
CLF 12.5 Covered Calls
CLF 11.0 Covered Calls
CMG 48/53 Bull Put Spread
CVS 62/57 Bear Call Spread
CVX 139/144 Bull Put Spread
DECK 195/180 Bear Call Spread
DECK 190/180 Bear Call Spread
GOOGL 175/180 Bull Put Spread
HSY 140 Diagonal Put
JBLU 7.0 Covered Call
MCHP 45/48 Bull Put Spread
MRK 99/94 Bear Call Spread
NUGT 56/52 Bear Call Spread
NUGT 56/51 Bear Call Spread
NVDA 95 Diagonal Put
OXY 49.0 Covered Call
PPG 109/112 Bull Put Spread
PSX 108/113 Bull Put Spread
SOXL 22.5 Diagonal Put
SOXL 32/37.5 Bear Call Spread
SOXL 32.5/42 Bear Call Spread
SOXL 36.5 Covered Call
TQQQ 65/70 Bull Put Spread
TQQQ 61/73 Bull Put Spread
VFC 30/26.5 Bear Call Spread
VXX 40.5 Diagonal Put
VXX 41.0 Diagonal Puts
VXX 39/41 Bull Put Spreads
VXX 39/41.5 Bull Put Spread
VXX 53/46.5 Bear Call Spreads
VXX 53/47 Bear Call Spread
VXX 53/47.5 Bear Call Spread
VXX 54/48 Bear Call Spread
VXX 54/48.5 Bear Call Spread
VXX 55/49 Bear Call Spread
VXX 55/50 Bear Call Spread
VXX 56/51 Bear Call Spread
VXX 57/52 Bear Call Spread
WBA 12.5 Covered Calls
#TinyPuts
APA 20.5 Put
F 9.0 Put
MRNA 30.5 Put
MSTX 23.0 Puts
MTCH 28.0 Put
PFE 25.0 Put
SPCE 4.0 Put
ASSIGNMENTS
Got exercised early last night on 2 positions
1 MRK 93 Put
1 ADM 48 Put
Tonight I will get assigned on 1 ADM 46.0 Put and I’ll get called out on 2 NUGT 50 Covered Calls
Very much a win-win week for me
NVDA
This was leftover from selling it against a synthetic short position. Closed the short on the big drop now getting out of this and waiting for earnings on the 26th.
Bought to Close NVDA Mar 21 2025 115.0 Put @ 4.62 (sold for 5.10)
VIX not doing much but…
VIX not doing much but market is sure whippy. Wonder if time to be cautious?
SPX
Looking a little weak so rolling down slightly.
Rolled SPX Feb 07 2025 6040.0 Put to Feb 10 2025 6035.0 Put @ 12.50 credit. (35.50 total now)
Rolled SPX Feb 07 2025 6050.0 Put to Feb 10 2025 6035.0 Put @ 4.50 credit. (59.15 total now)
Rolled SPX Feb 07 2025 6050.0 Puts to Feb 10 2025 6035.0 Puts @ 5.00 credit. (35.60 total now)
Rolled SPX Feb 07 2025 6050.0 Puts to Feb 10 2025 6035.0 Puts @ 5.00 credit. (64.20 total now)
SPY
Adding.
Sold SPY Mar 21 2025 570.0 Put @ 3.30
AMZN short puts
Sold to open $AMZN 3/21 205 puts @ 1.31
TSLA COST SOXL
SOLD VERTICAL TSLA 14 FEB 2025 317.5/315 PUT @.07
SOLD VERTICAL COST 14 FEB 2025 985/980 PUT @.14
#shortput
SOLD SOXL 14 FEB 25 21 PUT @.14
SPY
Starter ladder below the 100 day.
Sold SPY Mar 21 2025 575.0 Put @ 3.82
Sold SPY Mar 21 2025 580.0 Put @ 4.52
Jobs Data
Every single month in 2024 just got revised down in today’s jobs report—by an average of -626k. And if that wasn’t bad enough, the BLS business employment dynamics data and the Philly Fed’s early benchmark suggest even bigger downward revisions coming in the next annual update.
DHI LEN
Big breakdown in homebuilders today
I lived through 2008 so I’m ignoring the low P/Es and staying away
TQQQ,
I am back in. My timing could have been better.
STO March 21, 70 puts at 1.44
STO march 21, 75 puts at 2.79
DECK Puts
Bought to close 1 DECK 02/07/2025 165/170 Bull Put Spread at $0.05
Sold last Friday at $0.50
SPX 0-dte trades for 2/7/25
#SPX0dte Sold to Open $SPX 5995/6015-6135/6155 condors for 1.20, IV 21.88%, deltas -.06 +.06
January Jobs Report
#Jobs — Less than expected; wage growth hotter than expected
Gain of +143,000 non-farm payroll jobs, vs. expected gain of 169K
Unemployment down 0.1 to 4.0%
U6 unemployment 7.5%, unchanged
Labor force participation up 0.1 to 62.6%
Average hourly earnings up by 0.5%, vs expected +0.3%; +4.1% Y/Y
December jobs revised up by +51K to +307K
November jobs revised up by +49K to +261K
SPY Expiration
1 SPY 02/06/2025 565/570 Bull Put Spread – sold Monday at $0.18
Totally out of SPY for now
VXX Calls – 1DTE
Sold VXX 02/07/2025 51/46.5 Bear Call Spreads at $0.14 Credit
F Puts
Sold F 02/07/2025 9.0 Puts at $0.02 and $0.03
#EveryLittleBitHelps
TSLA short puts
Sold to open $TSLA Mar 21 260 puts @ 1.41
VXX Puts
Rolled down 1 VXX 02/07/2025 44.0 Put to 1 VXX 02/14/2025 43.5 Put at $0.28 Credit
Rolled down 1 VXX 02/07/2025 45.0 Put to 1 VXX 02/14/2025 44.5 Put at $0.09 Credit
NVDA Puts
Bought to close 1 NVDA 98/103 Bull Put Spread at $0.01.
Sold Monday at $0.44
#ReleaseMargin
SPX
Rolling this one up to where we closed last Friday.
Rolled SPX Feb 07 2025 6000.0 Put to Feb 07 2025 6040.0 Put @ 8.00 credit. (23.00 total now)
SPX 0-dte tradex for 2/6/25
#SPX0dte Sold to Open $SPX Feb 6th 5985/6005-6115/6135 condors for 1.40, IV 19.62%, deltas -.06 +.07
Hmmmm??
The chart below shows the average lifespan of companies in the S&P 500 Index. In the 1970s, the average lifespan was 29 years. In the 2020s, it’s projected to be just over 18 years. This just highlights the amount of disruption and turnover among market leaders today.
Take a look…
So how do companies maintain their dominant positions?
Fortune says these leaders must be “champions of adaptability, nimbly responding to an ever-changing environment.” The magazine also cites authors Jim Collins and Jerry Porras’ bestseller Built to Last: Successful Habits of Visionary Companies, which claims the best companies will “preserve the core and stimulate progress.”
NVDA
BTC NVDA 02/21/25 100 put @ .35….STO 1/27/25 @ 2.05
#shortputs
TLT Put Close / GOOGL Call
#shortputs
$TLT BTC 2/21 86 put at .10. STO at .90. Thank you @fuzzballl
#syntheticcoveredcalls
$GOOGL STO 2/7 200 call at .20 I remembered
SPY Expiration
1 SPY 02/05/2025 570/575 Bull Put Spread – sold Monday at $0.18
OKLO AMZN
#everylittlebithelps
#bullputspreads
SOLD VERTICAL OKLO 14 FEB 2025 15/14 PUT @.05
SOLD VERTICAL AMZN 7 FEB 2025 205/202.5 PUT @.07
TQQQ,
BTC March 21, $70 puts at 1.95 so took a small loss of .05 and am again 100% cash. I don’t have a good feel about the market so when in doubt, stay out.
HSY BOIL Puts – VXX Calls
Sold 1 HSY 132/135 Diagonal Bull Put Spread at $0.13 Credit
Sold 1 BOIL 02/07/2025 50.5/52.5 Bull Put Spread at $0.16 Credit
Sold 1 VXX 02/07/2025 53/46.5 Bear Call Spread at $0.15 Credit
#EveryLittleBitHelps
NVDA
Nice three day bounce. I’ll take these and see how earnings looks later.
Bought to Close NVDA Feb 28 2025 95.0 Puts @ .60 (sold for 1.50)
Bought to Close NVDA Mar 21 2025 85.0 Puts @ .61 (sold for 1.68)
TLT
Taking the rest of a decent size position off at 85-90 percent of max a couple weeks early.
Bought to Close TLT Feb 21 2025 87.5 Put @ .31 (sold for 1.79)
Bought to Close TLT Feb 21 2025 87.0 Puts @ .23 (sold for 1.48)
Bought to Close TLT Feb 21 2025 86.5 Puts @ .16 (sold for 1.24)
Bought to Close TLT Feb 21 2025 86.0 Puts @ .13 (sold for 1.00)
Bought to Close TLT Feb 21 2025 85.5 Puts @ .09 (sold for .82)
Bought to Close TLT Feb 21 2025 85.0 Puts @ .06 (sold for .60)
CLF JBLU Calls
Sold 1 CLF 02/07/2025 11.0 Covered Call at $0.09
Sold 1 JBLU 02/07/2025 7.0 Covered Call at $0.03
#EveryLittleBitHelps
HSY MDLZ Stocks
Add a tiny bit to my HSY position at $141.00 and $139.00(pre-market)
Started a tiny new position in MDLZ at $54.25
#SP500 #FallingKnife
SPX
I’ve recovered over 70 percent of my cash outlay of all my current positions in this account (all set up last Oct 18th) so adding one more. May or may not sell against all of them all the time. Might keep one uncovered for a little extra gain to the downside.
SPX Dec 2029 6000/6000/6400 @ 330.0 debit
EDIT: AMZN earnings tomorrow and economic numbers on Friday the premium is too good to pass up.
Sold SPX Feb 07 2025 6000.0 Put @ 15.00
AMD puts
Sold to open $AMD Mar 21 95 puts @ 1.19
GOOGL Calls
$GOOGL BTO 1/16/2026 185 calls at 27.84. Will sell calls during the year. Hope I remember.
