Sold 1 TSLA 10/25/2024 272.5/262.5 Bear Call Spread at $0.45 Credit
Sold 1 NUGT 10/25/2024 52/54 Bull Put Spread at $0.28 Credit
Sold 1 SOXL 10/25/2024 38/36 Bear Call Spread at $0.17 Credit

Sold 1 TQQQ 11/01/2024 58/66 Bull Put Spread at $0.54 Credit
Sold 1 AVGO 11/15/2024 130/150 Bull Put Spread at $1.04 Credit
Sold 1 AVGO 11/15/2024 132/145 Bull Put Spread at $0.87 Credit

Jeff 6:38 am on Thursday, October 24, 2024
Tags: spx0dte ( 421 )

SPX 0-dte trades for 10/24/24

#SPX0dte Sold to Open $SPX Oct 24th 5730/5750-5855/5875 condors for 1.00, IV 20.50%, deltas -.06 +.06

I waited until after open on this one since recently selling before open hasn’t given much edge.

geewhiz112 6:36 am on Thursday, October 24, 2024

Jobs Looked Good

U.S. Department of Labor
@USDOL
Unemployment Insurance Weekly Claims

Initial claims were 227,000 for the week ending 10/19 (-15,000).

Insured unemployment was 1,897,000 for the week ending 10/12 (+28,000).

Option Iceman 12:25 pm on Wednesday, October 23, 2024

SPY and GLD Expiration

1 SPY 597/584 Bear Call Spread
1 SPY 582 Diagonal Call
1 SPY 564/574 Bull Put Spread
1 SPY 565/573 Bull Put Spread

1 GLD 244/249 Bull Put Spread

fuzzballl 11:26 am on Wednesday, October 23, 2024

SPX

Rolling out to next Friday. Down a little but going for extra premium.

Rolled SPX Oct 23 2024 5845.0 Puts to Nov 01 2024 5835.0 Puts @ 10.00 credit (24.60 total now)

fuzzballl 10:46 am on Wednesday, October 23, 2024

VXX

Adding to synthetic short again. Turning into a decent sized position. A bunch of short puts sitting at 52.50 for Friday. Be nice not to have to roll again.

VXX Jan 16 2026 55/55/85 @ 15.00 debit.

And:

Sold VXX Oct 23 2024 52.5 Puts @ .88

fuzzballl 10:17 am on Wednesday, October 23, 2024

SPY

Adding below the 200 day.

Sold SPY Dec 20 2024 520.0 Put @ 3.15

walter6871 9:45 am on Wednesday, October 23, 2024
Tags: Rolling ( 462 ), ShortPuts ( 4,769 )

SOXL MARA

#shortputs

SOLD SOXL 25 OCT 24 32 PUT @.31

MARA
#rolling
SOLD – MARA 25 OCT/ NOV 1, 2024 ,18 PUT @.46

Option Iceman 9:32 am on Wednesday, October 23, 2024

SPY Chart

SPY just broke the 10/15 low point. A close below 578.50 would be short term bearish.
Next support at 574.50

However:
Sold 1 SPY 10/28/2024 561/566 Bull Put Spread at $0.25
Sold 1 SPY 10.24/2024 565/570 Bull Put Spread at $0.28 Credit

Edit for some headlines:
AAPL Slides After Analyst Warns iPhone 16 Orders Cut By 10 Million Units
US Existing Home Sales Slump To Lowest Since 2010
CDC Unveils E.coli Outbreak In Quarter-Pounders

fuzzballl 9:24 am on Wednesday, October 23, 2024

MCD

Just for fun. Earnings on the 29th.

Sold MCD Nov 15 2024 305/300 Bull Put Spread @ 2.60

fuzzballl 9:05 am on Wednesday, October 23, 2024

BA

Early on this but might get a pop if the contract offer passes.

Rolled BA Oct 25 2024 152.5 Calls to Dec 20 2024 165.0 Calls @ .30 debit (3.00 total now)

fuzzballl 8:47 am on Wednesday, October 23, 2024

SPY

Out to Dec and down at the 200 day. Looking to add lower.

Sold SPY Dec 20 2024 530.0 Put @ 3.47

Happy Plan 7:24 am on Wednesday, October 23, 2024

QQQ

#CoveredCalls STO QQQ 10/24/24 496 Calls @ $1 credit

Option Iceman 6:48 am on Wednesday, October 23, 2024
Tags: everylittlebithelps ( 301 )

SPY Puts

Sold 1 SPY 10/28/2024 560/570 Bull Put Spread at $0.29 Credit
#EveryLittleBitHelps

Jeff 5:27 am on Wednesday, October 23, 2024
Tags: spx0dte ( 421 )

SPX 0-dte trades for 10/23/24

#SPX0dte Sold to Open $SPX Oct 23rd 5770/5790-5880/5900 condors for 0.969, IV 15.96%, deltas -.06 +.06

Option Iceman 12:43 pm on Tuesday, October 22, 2024

SPY Expiration

1 SPY 556/568 Bull Put Spread
1 SPY 565/575 Bull Put Spread

Happy Plan 9:56 am on Tuesday, October 22, 2024
Tags: OnlySpreads ( 559 )

DJT

SyntheticLong DJT 1/17/25 C/P 34 @ 0.67 Credit

#onlyspreads

Option Iceman 9:25 am on Tuesday, October 22, 2024

NUE Puts

Bought 1 NUE Nov 01 2024 130.0 Put / Sold 1 NUE Oct 25 2024 140.0 Put at $0.42 Diagonal Credit

Option Iceman 8:00 am on Tuesday, October 22, 2024

AVGO Calls

Sold 1 AVGO 10/25/2024 200/190 Bear Call Spread at $0.20 Credit

fuzzballl 7:14 am on Tuesday, October 22, 2024

SPX

Be out most of the day so an early roll today.

Rolled SPX Oct 22 2024 5850.0 Puts to Oct 23 2024 5845.0 Puts @ 3.00 credit (14.60 total now)

Option Iceman 7:11 am on Tuesday, October 22, 2024

SPY BIIB Puts

Sold 1 SPY 10/24/2024 564/574 Bull Put Spread at $0.42 Credit
Sold 1 SPY 10/25/2024 561/571 Bull Put Spread at $0.28 Credit

Sold 1 BIIB 10/25/2024 175/180 Bull Put Spread at $0.70 Credit

Jeff 5:32 am on Tuesday, October 22, 2024
Tags: spx0dte ( 421 )

SPX 0-dte trades for 10/22/24

#SPX0dte Sold to Open $SPX Oct 22nd 5765/5785-5885/5905 condors for 1.05, IV 17.93%, deltas -.06 +.06

Option Iceman 12:57 pm on Monday, October 21, 2024

SPY Expiration

1 SPY 560/572 Bull Put Spread
1 SPY 565/575 Bull Put Spread

Option Iceman 10:29 am on Monday, October 21, 2024

VXX Puts

Bought VXX Jan 17 2025 32.0 Puts at $0.19, $0.18, $0.17 and $0.16
Bought 1 VXX Jan 17 2025 33.0 Put at $0.21

fuzzballl 9:50 am on Monday, October 21, 2024

BA

Setting up a synthetic covered straddle for earnings. Short 152.5 calls so adding the put side.

Sold BA Oct 25 2024 152.5 Puts @ 1.57

fuzzballl 9:35 am on Monday, October 21, 2024

SPX

Roll to tomorrow and down a strike.

Rolled SPX Oct 21 2024 5855.0 Puts to Oct 22 2024 5850.0 Puts @ 2.65 credit (11.60 total now)

fuzzballl 8:39 am on Monday, October 21, 2024

SPY

Starter at the 100 day. Hoping for more down at the 200 eventually.

Sold SPY Nov 15 2024 555.0 Put @ 2.90

Option Iceman 8:18 am on Monday, October 21, 2024
Tags: everylittlebithelps ( 301 )

Tiny Puts

Sold 1 DOW 10/25/2024 48.5 Put at $0.06
Sold 1 VFC 10/25/2025 17.0 Put at $0.06
Sold 1 APA 10/25/2024 24.0 Put at $0.07
Sold 1 INTC 10/25/2024 21.0 Put at $0.08
Sold 1 AAP 10/25/2024 36.5 Put at $0.09
Sold 1 HAL 10/25/2024 27.5 Put at $0.10
Sold 1 BOIL 10/25/2024 8.0 Put at $0.10
Sold 1 CNC 10/25/2024 53.0 Put at $0.11
Sold 1 LABU 10/25/2024 90.0 Put at $0.11
#EveryLittleBitHelps

Option Iceman 7:54 am on Monday, October 21, 2024

Monday Spreads

Sold 1 VXX 10/25/2024 62/56 Bear Call Spread at $0.24 Credit
Sold 1 VXX 10/25/2024 70/60 Bear Call Spread at $0.18 Credit
Sold 1 TQQQ 10/25/2024 85/79 Bear Call Spread at $0.22 Credit

Sold 1 TQQQ 10/25/2024 61.5/68 Bull Put Spread at $0.18 Credit
Sold 1 NUGT 10/25/2024 51.5/55 Bull Put Spread at $0.40 Credit
Sold 1 GLD 10/23/2024 244/249 Bull Put Spread at $0.27 Credit
Sold 1 GLD 10/25/2024 242/246 Bull Put Spread at $0.11 Credit

Sold 1 SPY 10/23/2024 564/574 Bull Put Spread at $0.18 Credit
Sold 1 SPY 10/22/2024 565/575 Bull Put Spread at $0.14 Credit

Jeff 5:39 am on Monday, October 21, 2024
Tags: spx0dte ( 421 )

SPX 0-dte trade for 10/21/24

#SPX0dte Sold top open $SPX Oct 21st 5805/5785 put spreads for .65, IV 15.86%, delta -.07

With overnight movement it looks like we could be near bottom of a swing, so I’m not going to sell a call side with such low premium when we have room to rise.

Jeff 10:35 am on Saturday, October 19, 2024

Earnings 10/21 – 10/25

Tesla, Boeing, IBM all on Wednesday

Jeff 10:33 am on Saturday, October 19, 2024

Econ Calendar 10/21 – 10/25

Significant data releases on Wed, Thur, Fri

Option Iceman 12:54 pm on Friday, October 18, 2024

OptionsExpiration

Rolled some AMZN, GLD, NUGT and VXX Calls up. I’m left with these that all expired

AMZN 155/180 Bull Put Spread
ASML 610/620 Bull Put Spread
ASML 630/640 Bull Put Spread
AVGO 152/165 Bull Put Spread
AVGO 160/168 Bull Put Spread
CVS 71/64 Bear Call Spread
CVS 68 Diagonal Call
CVS 69 Diagonal Call
GLD 238/243 Bull Put Spread
NUGT 38/4435 Bull Put Spread
NUGT 48/50.5 Bull Put Spread
OXY 49/51 Bear Call Spread
SOXL 25/30 Bull Put Spread
SPY 564/572 Bull Put Spread
SPY 567/577 Bull Put Spread
TQQQ 63/67 Bull Put Spread
TQQQ 63.5/68 Bull Put Spread
TQQQ 80/75 Bear Call Spread
TQQQ 85/77 Bear Call Spread
VXX 79/54 Bear Call Spread
VXX 74/57 Bear Call Spread
VXX 80/60 Bear Call Spread

CVS 56 Put
FCX 45.5 Put
LABU 100 Put
LRCX 68.5 Put
OXY 51 Put
SQQQ 7 Put
VFC 18.5 Put
VZ 41.5 Put

SOXL 46 Covered Call
SOXL 48 Covered Call

Option Iceman 12:45 pm on Friday, October 18, 2024

AVGO Puts

Sold 1 AVGO Oct 25 2024 157.5/167.5 Bull Put Spread at $0.36 Credit

Option Iceman 12:05 pm on Friday, October 18, 2024

VXX Calls

Sold 1 VXX Oct 25 2024 72/54 Bear Call Spread at $0.41 Credit
Sold 1 VXX Oct 25 2024 73/54.5 Bear Call Spread at $0.41 Credit

fuzzballl 12:03 pm on Friday, October 18, 2024

SPX

And finally:

Sold SPX Oct 21 2024 5855.0 Puts @ 8.50 and 9.40

hcgdavis 11:55 am on Friday, October 18, 2024

SPY AIC 42 DTE trade for the day

fuzzballl 11:49 am on Friday, October 18, 2024
Tags: SPXsnowball ( 8 )

SPX whew!

SPX Closed everything and reset to higher strikes.

Had 5 positions but one was closed quite awhile ago in a different account for a 211 point gain.

Other 4 positions:

SPX Dec 2027 5400/5400/5800 @ 202.0 debit (trade set Jun 05 2024)
SPX Dec 2028 5000/5000/5400 @ 283.0 debit (trade set Feb 08 2024)
SPX Dec 2029 5200/5200/5600 @ 360.0 debit (trade set Mar 07 2024)
SPX Dec 2029 5500/5500/5900 @ 308.0 debit (trade set Jul 15 2024)

Dec 2027 closed for 95.0 credit
Dec 2028 closed for 63.0 credit
Dec 2029 closed for 179.0 credit
Dec 2029 closed for 260.0 credit

Math:

Net loss on LEAPS:

-556.0

Total premium received from daily sales:

1087.0

Net gain on all positions combined:

531.0 (or 132.75 average per position all being rolled into the cost of the new positions)

Moral of the story:

This crazy experiment has given me great data for the future. It’s possible to have really good profits shorting SPX in a crazy up market due to more than offsetting the rise with daily put sales. A flat to slightly descending market would be fantastic. (it can’t go up forever! LOL)

For simplicity I’ve reset everything to just 2028 and 2029 all at the same strikes.

SPX Dec 2028 5800/5800/6200 @ 288.0 debit (trade set Oct 18 2024)
SPX Dec 2029 5800/5800/6200 @ 355.0 debit (trade set Oct 18 2024)

With 2 of each of these the total debit is 1286.0 minus the 531.0 profits the cost has already been greatly reduced to 188.75 per position. Daily sales will reach the bottom line much quicker now. We’ll call it my #SPXsnowball 🙂 🙂 🙂

fuzzballl 11:24 am on Friday, October 18, 2024

SPX

Last trade with my current positions. Reset everything to higher strikes. Took the profits and rolled them into the costs of the new positions. Detailed post coming on that later.

Bought to Close SPX Oct 18 2024 5850.00 Puts @ 1.00 (sold for 50.55)

Happy Plan 10:30 am on Friday, October 18, 2024
Tags: CoveredCalls ( 2,208 )

BITO

#CoveredCalls STO BITO 11/15/24 $21 @ .50 Credit

Happy Plan 10:24 am on Friday, October 18, 2024
Tags: CoveredCalls ( 2,208 )

RDDT

#CoveredCalls STO RDDT 11/15/24 $90 @ 2.99 Credit

Selling these against my LEAPS position

Ramie 9:31 am on Friday, October 18, 2024

ASML short put

Sold to open $ASML Nov 15 660 put @ 10.32, 20 delta

hcgdavis 9:18 am on Friday, October 18, 2024

Harvesting profits on the asymmetric…

Harvesting profits on the asymmetric iron condors. Have these in RUT, SPY, SPX, and SMH. Most were placed about 3-4 weeks ago. Now closing and resetting. about $1200-1300 profits per trade and closing 6 of them today.

Here’s what they look like

Option Iceman 9:09 am on Friday, October 18, 2024

VXX Long Term Diagonal Put Spread

Bought 1 VXX Jan 17 2025 31.0 Put at $0.21 – 90 days to expiration
Sold 1 VXX Oct 25 2024 49.5 Put at $0.28 – 7 days to expiration

In addition, I sold 1 VXX Oct 25 2024 49.0 Put at $0.16 against other Jan 2025 long puts

fuzzballl 8:46 am on Friday, October 18, 2024

BA SNOW SPX VXX XBI XLU

A few.

BA: Rolling into earnings. Sold against synthetic stock.

Rolled BA Oct 18 2024 150.0 Calls to Oct 25 2024 152.5 Calls @ 1.20 credit (3.30 toal now)

SNOW: Sold against synthetic stock.

Rolled SNOW Oct 18 2024 115.0 Calls to Oct 25 2024 117.0 Calls @ .10 debit (3.80 total now)

SPX: Still working it. 5850 short puts for today’s expiration.

VXX: Sold against synthetic short stock.

Rolled VXX Oct 18 2024 53.0 Puts to Oct 25 2024 52.5 Puts @ .35 credit (1.30, 1.40, and 4.50 total now)

XBI: Taking nice gains early.

Bought to Close XBI Nov 01 2024 93.0 Puts @ .27 (sold for 1.30)

Bought to Close XBI Nov 15 2024 90.0 Puts @ .53 (sold for 1.33)

XLU: Sold against synthetic short stock.

Bought to Close XLU Oct 18 2024 77.5 Puts @ .01 (sold for .31)

Sold XLU Nov 15 2024 78.0 Puts @ .61

jsd501 8:05 am on Friday, October 18, 2024

TQQQ,

STO November 1, $82 calls at .61
I will cover them next week before expiration.

Happy Plan 7:25 am on Friday, October 18, 2024

QQQ

#CoveredCalls STO QQQ 497 10/21/24 @ 1.07 Credit

Jeff 5:39 am on Friday, October 18, 2024
Tags: spx0dte ( 421 )

SPX 0-dte trades for 10/18/24

#SPX0dte Sold to Open $SPX 5780/5800-5900/5920 condors for 1.10, IV 17.95%, deltas -.07 +.05

Option Iceman 12:55 pm on Thursday, October 17, 2024

SPY Expiration

1 SPY 10/17/2024 570/580 Bull Put Spread – Sold today at $0.22
1 SPY 10/17/2024 569/574 Bull Put Spread – Sold yesterday at $0.18

fuzzballl 10:30 am on Thursday, October 17, 2024

AMZN

Closing synthetic longs with earnings approaching. I’ll re-load if we get a pullback.

Sold to Close AMZN Dec 18 2026 180/180/140 (and 10/18 180 short calls) @ 24.55 credit (bought for 20.35)

Option Iceman 9:35 am on Thursday, October 17, 2024

AVGO Puts

For next week:
Sold 1 AVGO 10/25/2024 160/170 Bull Put Spread at $0.43 Credit

Happy Plan 9:35 am on Thursday, October 17, 2024

RDDT

#LongCalls RDDT 1/15/27 80 CALL @ 27.46 Debit

Option Iceman 8:39 am on Thursday, October 17, 2024

SPY Put Ladder

Restarting these:
Sold 1 SPY 10/17/2024 570/580 Bull Put Spread at $0.22 Credit – expires today
Sold 1 SPY 10/18/2024 567/577 Bull Put Spread at $0.25 Credit
Sold 1 SPY 10/21/2024 565/575 Bull Put Spread at $0.35 Credit

Jeff 6:55 am on Thursday, October 17, 2024
Tags: spx0dte ( 421 )

SPX 0-dte trades for 10/17/24

#SPX0dte Sold to Open $SPX Oct 17th 5835/5865-5870/5900 condors for 15.35, IV 18.33%

fuzzballl 6:48 am on Thursday, October 17, 2024

TLT

Taking these early.

Bought to Close TLT Nov 01 2024 90.0 Puts @ .14 (sold for .23)
Bought to Close TLT Nov 01 2024 91.0 Puts @ .21 (sold for .34)

fuzzballl 6:36 am on Thursday, October 17, 2024

SPX

I’ve been rolling up all month. Might as well go out in a blaze of glory. LOL Rolling up to yesterday’s high and a little inside the expected move.

Rolled SPX Oct 18 2024 5795.0 Puts to Oct 18 2024 5850.0 Puts @ 7.00 credit (50.55 total now)

(Too early)

Option Iceman 1:01 pm on Wednesday, October 16, 2024
Tags: everylittlebithelps ( 301 )

SPY and GLD Expirations

1 SPY 569/574 Bull Put Spread – sold at $0.14 Credit yesterday
1 GLD 238/243 Bull Put Spread – sold at $0.28 Credit on Monday
#EveryLittleBitHelps

fuzzballl 10:56 am on Wednesday, October 16, 2024

SPX

I may close all positions and book the gains and re-center all the positions this week. We’ll see how it goes.

Rolled SPX Oct 18 2024 5775.0 Puts to Oct 18 2024 5795.0 Puts @ 3.10 credit (43.55 total now)

Option Iceman 7:10 am on Wednesday, October 16, 2024
Tags: OnlySpreads ( 559 )

Wednesday Spreads

Bought 1 NUGT 10/25/2024 61 Call / Sold 1 NUGT 10/18/2024 54.5 Call for a $0.25 Diagonal Credit
Sold 1 VXX 10/18/2024 79/60 Bear Call Spread at $0.19 Credit

Mostly Puts
Sold 1 TQQQ 10/18/2024 63/68 Bull Put Spread at $0.18 Credit
Sold 1 AVGO 10/18/2024 152/165 Bull Put Spread at $0.17 Credit
Sold 1 SOXL 10/18/2024 25/30 Bull Put Spread at $0.23 Credit
Sold 1 NUGT 10/18/2024 48/50.5 Bull Put Spread at $0.18 Credit
Sold 1 TQQQ 10/18/2024 63.5/67 Bull Put Spread at $0.16 Credit
Sold 1 SPY 10/17/2024 569/574 Bull Put Spread at $0.18 Credit
Sold 1 SPY 10/18/2024 564/572 Bull Put Spread at $0.30 Credit
Sold 1 GLD 10/18/2024 238/243 Bull Put Spread at $0.16 Credit
Sold 1 ASML 10/18/2024 630/640 Bull Put Spread at $0.36 Credit
Sold 1 OXY 10/18/2024 49/51 Bull Put Spread at $0.21 Credit
Sold 1 ASML 10/18/2024 610/620 Bull Put Spread at $0.18 Credit
#OnlySpreads

Jeff 5:42 am on Wednesday, October 16, 2024
Tags: protectprofits ( 12 ), spx0dte ( 421 )

SPX 0-dte trades for 10/16/24

#SPX0dte Sold to Open $SPX Oct 16th 5740/5760-5865/5885 condors for 1.10, IV 18.29%, deltas -.06 +.06

Third day’s a charm? Two days straight of no econ data but still big moves and stops on this trade. Thought about going long with this instead, but I think chances are stronger that today will quiet down ahead of tomorrow’s data. But I’m ready to exit early if we start to move.

#protectprofits