#SPX0dte Sold to Open $SPX Aug 30th 5525/5545-5670/5690 condors for 1.05, IV 22.49%, deltas -.06 +.05
Recent Updates Page 58
MU DG late reports
Sold 1 MU Aug 30 2024 80 Put at $0.08
Sold 1 DG Aug 30 2024 80 Put at $0.17
#Tiny99PercentPuts
SPY Expiration
1 SPY 08/29/2024 544/549 Bull Put Spread – sold Monday at $0.24
SPY Puts
An aggressive diagonal for tomorrow
Bought 1 SPY 09/03/2024 530 Put/Sold 1 SPY 08/30/2024 552 Put at $0.28 Credit.
At least I have 1 SPY Put ladder position expiring today
AMZN
Sold 1 AMZN 08/30/2024 177.5/175 Bear Call Spread at $0.13 Credit
#EveryLittleBitHelps
more than 5x times failed at highs…lower highs, lower lows….
Why the drop?
If anyone knows why this late day drop happened please reply. I’m guessing it was bond auction but don’t know where to find the info.
CRWD BUPS Close
NVDL Put Close
#shortputs
$NVDL BTC 8/30 60 put at 1.35. STO at 3.93
DG BBY
Retailers moving in opposite directions
Sold 1 DG 08/30/2024 80/85 Bull Put Spread at $0.30 Credit
Bought 1 BBY 09/13/2024 115 Call / Sold 1 BBY 08/30/2024 102 Call at $0.44 Credit
Bought 1 BBY 09/06/2024 110 Call / Sold 1 BBY 08/30/2024 105 Call at $0.14 Credit
NVDQ CRWD HPQ spreads closed
Bought to close 1 NVDA 08/30/2024 165/155 Bear Call Spread at $0.01
Bought to close 1 CRWD 08/30/2024 210/220 Bull Put Spread at $0.01
Bought to close 1 HPQ 08/30/2024 27.5/32.5 Bull Put Spread at $0.01
#ReleasingMargin
SPX 0-dte for 8/29/24
#SPX0dte Sold to Open $SPX 5510/5530-5670/5690 condors for 1.10, IV 26.10%, deltas -.06 +.04
SPY GLD Expiration
1 SPY 08/28/2024 545/550 Bull Put Spread – Sold on Monday at $0.17
1 GLD 08/28/2024 240/235 Bear Call Spread – Sold on Friday at $0.48
CLM MSTY
#smallbuy
#dividends
BOT CLM @7.49
BOT MSTY @23.44
TQQQ VXX on a slight market bounce
Sold 1 TQQQ 09/06/2024 80/75 Bear Call Spread at $0.30 Credit
Sold 1 VXX 09/06/2024 40/44 Bull Put Spread at $0.58 Credit
Markets
Some serious drops today
SMCI down 21%
ANF down 19%
FL down 11%
Closing CRWD before earnings
Bought to close $CRWD 8/30 240/230 bull put spread @ 1.88 for a minimal loss (sold for 1.78 in July).
VXX Calls – SPY Puts
The market pullback must be getting serious
Sold 1 VXX 08/30/2024 56/51 Bear Call Spread at $0.29 Credit
Sold 1 SPY 09/09/2024 525/535 Bull Put Spread at $0.40 Credit
SNOW
Early assignment from an earnings iron fly lottery ticket. Goal is to get out at even now.
Rolled 114 covered call down to 110 @ 1.75 credit for this Friday. Basis 110.10 now. Close enough I’d probably let it go there.
SPX update
Haven’t really mentioned it in awhile. Still have all 5 positions and short puts currently sitting at Oct monthly 5570 strike. Since they are just out of the money and nearing the sweet spot for theta the 5 positions are overall running 388 per day theta. That will decrease as we get closer to expiration.
Really no hurry to roll these in and up yet since overall they are net 92 long deltas. If the market rallies or time passes where they get to neutral or negative deltas then I might consider the roll. For now really happy with the overall setup. Bigly profitable YTD so just watching time pass for now.
NVDA
Been bored so couldn’t help myself. This should be the KOD for NVDA. LOL Little early on these.
Sold NVDA Sep 20 2024 115.0 Put @ 3.95
Sold NVDA Sep 20 2024 110.0 Put @ 2.65
Sold NVDA Sep 20 2024 105.0 Put @ 1.78
CRWD SPY Puts
Sold 1 CRWD 08/30/2024 200/210 Bull Put Spread at $0.24 Credit
Sold SPY 09/03/2024 542/547 Bull Put Spread at $0.29 Credit
Sold SPY 09/04/2024 541/546 Bull Put Spread at $0.29 Credit
Sold SPY 09/05/2024 535/545 Bull Put Spread at $0.60 Credit
Sold SPY 09/06/2024 525/535 Bull Put Spread at $0.30 Credit
Extending my #SPYLadder
GAP VFC Calls
Sold 1 GAP 08/30/2024 29/27 Bear Call Spread at $0.22 Credit
Sold 1 VFC 08/30/2024 18.5 Call at $0.15
Sold this against a leftover call from last week
#DoubleDip
SPX 0-dte for 8/28/24
#SPX0dte Sold to Open $SPX Aug 28th 5555/5575-5665/5685 condors for 1.10, IV 17.56%, deltas -.06 +.06
TQQQ Call
Sold 1 TQQQ 08/30/2024 74.0 Call at $0.34
Sold against a long call left over from last week
#DoubleDip
GLD again
Two expirations per week
Sold 1 GLD 242.5/237.5 Bear Call Spread at $0.26
SBUX
Sold the last of my SBUX stock at $96.02
Shares left over from an old put assignment at about $77
SPY Puts
Extending my Put Ladder
Sold 1 SPY 08/30/2024 543/548 Bull Put Spread at $0.29 Credit
SPX 0-dte trades 8/27/24
#SPX0dte Sold to Open $SPX Aug 27th 5535/5555-5660/5680 condors for 1.05, IV 19.55%, deltas -.06 +.06
Tiny Puts
Yesterday’s #Tiny99PercentPuts
1 BBWI 28 Put at $0.10
1 BOIL 8 Put at $0.10
1 LABU 115 Put at $0.25
1 SOXL 21 Put at $0.06
1 SQQQ 7.5 Put at $0.06
1 TQQQ 56 Put at $0.06
1 TZA 12.5 Put at $0.09
#EveryLittleBitHelps
DELL PLTR
#shortputs
#everylittlebithelps
tIP SOLD DELL 30 AUG 2024 89/86 PUT @.19
tIP SOLD PLTR 30 AUG 2024 28.5/27 PUT @.04
UPS SPY VXX Puts
Sold 1 UPS 08/30/2024 118/126 Bull Put Spread at $0.24 Credit
Sold 1 SPY 08/28/2024 545/550 Bull Put Spread at $0.17 Credit
Sold 1 SPY 08/29/2024 544/549 Bull Put Spread at $0.24 Credit
Sold 1 VXX 08/30/2024 44.5 Put at $0.65
Sold 1 VXX 08/30/2024 44.0 Put at $0.45
Both sold against long puts leftover from last week
#DoubleDip
META CRF
#shortputs
Sto META 30 AUG 2024 490/485 PUT @.16
#dividends
#smallbuy
BOT CRF @7.67
TQQQ HPQ Puts
Sold 1 TQQQ 08/30/2024 55/62.5 Bull Put Spread at $0.35 Credit
Sold 1 HPQ 08/30/2024 27.5/32.5 Bull Put Spread at $0.31 Credit
ADSK BBWI BBY CHWY FCX NVDA VFC Calls
Sold 1 ADSK 08/30/2024 295/285 Bear Call Spread at $0.34 Credit
Sold 1 BBWI 08/30/2024 45/41 Bear Call Spread at $0.28 Credit
Sold 1 BBY 08/30/2024 102/96 Bear Call Spread at $0.62 Credit
Sold 1 CHWY 08/30/2024 35/31 Bear Call Spread at $0.40 Credit
Sold 1 FCX 08/30/2024 48.5/46.5 Bear Call Spread at $0.25 Credit
Sold 1 NVDA 08/30/2024 165/155 Bear Call Spread at $0.55 Credit
Sold 1 VFC 08/30/2024 21/17.5 Bear Call Spread at $0.20 Credit
SPX 0-dte for 8/26/24
#SPX0dte Sold to Open $SPX Aug 26th 5560/5580-5685/5705 condors for .90, deltas -.06 +.05, IV 18.45%
TQQQ
#optionsexpiration
TQQQ 68/64 put credit spread
thanks for idea @optioniceman
Earnings 8/26 – 8/30
NVDA on Wednesday… also this week CRM, BBY, DG, LULU, ULTA
Economic Calendar 8/26 – 8/30
GDP on Thursday, PCE on Friday
Options Expiration
#optionsexpiration
$ARM 140 call
$META 555 call
$NVDL 70 call
OptionsExpiration
Good week:
Expired:
AAP 40 Put
APA 27.5 Puts
HAL 30 Put
LABU 97 Put
SOXL 26 Put
TQQQ 55 Put
VFC 15 Put
#Tiny99PercentPuts
M 13.5/15 Bull Put Spread
SOXL 29/33 Bull Put Spread
SOXL 42.5 Covered Call
SOXL 56 Covered Call
SPY 570/565 Bear Call Spread
TQQQ 71.0 Covered Call
TQQQ 80/73 Bear Call Spread
TQQQ 74 Diagonal Call
TQQQ 64/68 Bull Put Spread
TQQQ 63/67 Bull Put Spread
TQQQ 62/66 Bull Put Spread
UPS 119/125 Bull Put Spread
UPS 127 Diagonal Put
VFC 22.5/17.5 Bear Call Spread
VXX 40/43 Bull Put Spreads
VXX 40/44.5 Bull Put Spread
VXX 80/55 Bear Call Spread
VXX 70/53 Bear Call Spread
VXX 68/55 Bear Call Spread
VXX 65/55 Bear Call Spread
TQQQ
Assuming that my TQQQ 71, 73 and 74 calls for today will expire, setting up a trade for next week
Sold 1 TQQQ 08/30/2024 83/77 Bear Call Spread at $0.28 Credit
GLD again
Sold 1 GLD Aug 28 2024 240/235 Bear Call Spread at $0.48 Credit
SNOW Earnings
Took a lottery ticket shot day of earnings. Sold 130/135/135/140 Iron Fly @ 4.55
Today woke up to SNOW stock assignment @ 135 and decided to keep it.
At 11:30 central sold the long put for 15.15 and then sold next week’s 114 call @ 3.45.
Total premium recived of 23.15 giving a basis of 111.85 with stock covered at 114. Let’s see if it’s nearing a bottom.
NVDA Call Roll / NVDL Put Roll
#coveredcalls
$NVDA BTC 8/23 134 call and STO 8/30 144 call at added credit of 2.12. Earnings next week. I think this is within expected move.
#shortputs
$NVDL BTC 8/23 67 put and STO 8/30 60 put at added credit of 3.38 and 7 less if assigned.
SPX 0-dte for 8/23/24
#SPX0dte. Waited until Powell’s speech start time. Sold to Open $SPX Aug 23rd 5505/5525-5680/5700 condors for 1.40, deltas -.07 +.05. Leaning bullish and I can see already we’re moving in that direction.
Bearish engulfing
That’s what you call today’s candle, since it fully engulfs yesterday’s green candle. Could signal the uptrend is ending or waning.
SPY Expiration
1 SPY 08/22/2024 568/565 Bear Call Spread (sold today)
SPX 0-dte for 8/22/24
#SPX0dte. Pretty glad I had to be out today, otherwise I would have traded soemthing this morning and taken a loss. Now I’m trying for a scalp at day’s end: Sold to Open Aug 22nd 5555/5575-5580/5600 condors for 8.00.
SPY Calls
Sold 1 SPY 08/23/2024 570/565 Bear Call Spread at $0.24 Credit
SPY Puts
Sold 1 SPY 09/06/2024 465/515 Bull Put Spread at $0.33 Credit
Adding to my long term SPY Put Ladder
TQQQ QDTE XDTE
#smallbuy
#dividends
BOT QDTE @43.05
BOT XDTE @52.39
–
#shortputs
Sto VERTICAL TQQQ 23 AUG 2024 68/64 PUT @.24
Thanks for idea @optioniceman
VXX TQQQ
Sold 1 VXX 08/23/2024 70/53 Bear Call Spread at $0.24 Credit
Sold 1 VXX 08/23/2024 68/55 Bear Call Spread at $0.18 Credit
Sold 1 VXX 08/23/2024 65/55 Bear Call Spread at $0.16 Credit
Sold 1 TQQQ 08/23/2024 62/66 Bull Put Spread at $0.28 Credit
TQQQ Puts
Sold1 TQQQ 08/23/2024 64/68 Bull Put Spread at $0.18 Credit
Sold1 TQQQ 08/23/2024 63/67 Bull Put Spread at $0.14 Credit
SPY Calls
Sold 1 SPY 08/22/2024 568/565 Bear Call Spread at $0.27 Credit
Expires today
VXX Diagonal Puts
Bought 1 VXX Aug 30 2024 40 Put / Sold 1 VXX Aug 23 2024 44.5 Put at $0.14 Credit
#EveryLittleBitHelps
SPY GLD Expiration
1 SPY 567/563 Bear Call Spread (sold today)
1 GLD 240/235 Bear Call Spread
APA HAL Puts
Sold 1 APA Aug 23 2024 27.5 Put at $0.06
Sold 1 HAL Aug 23 2024 30.0 Put at $0.08
#TinyPuts
SPY VXX
Both up today
That doesn’t happen often
TQQQ IWMI SPYI QQQI
#releasecapital
Btc TQQQ 23 AUG 2024 66 PUT @.13/sold for 5.15
—
#smallbuy
#dividends
BOT IWMI @49.63
BOT SPYI @50.50
BOT QQQI @50.89
Soxl
Btc SOXL 23 AUG 2024 39 PUT @.38/sold for 1.84
#releasecapital
#jacksonhole
SPY Calls sold
Sold my excess SPY 08/21/2024 560.0 Calls at $1.27 to avoid a total loss if they expire today.
Bought at $0.20 and $0.42 to hedge short ITM calls that have already been rolled forward
TQQQ, Last night at the…
TQQQ, Last night at the close I bought the September 20, $65 calls at 8.40
Earlier today I added to my position and the cost basis is now $8.45
SPY M TZA Spreads
Sold 1 SPY 08/21/2024 567/563 Bear Call Spread at $0.21 Credit
Expires today
Sold 1 M 08/23/2024 13.5/15 Bull Put Spread at $0.14 Credit
Sold 1 TZA 08/23/2024 13.5/14.5 Bull Put Spread at $0.14 Credit
#EveryLittleBitHelps
QQQI
#smallbuy
#dividends
BOT QQQI @50.89
SPX 0-dte for 8/21/24
#SPX0dte At 9:57p ET, sold to Open $SPX 5510/5530-5650/5670 condors for 1.30, IV 15.39%, deltas -.06 +.06
With overnight moves being minor and premium/width returning to anemic, I’m selling night before to get more juice.
TQQQ, STO September 27, $55…
TQQQ, STO September 27, $55 puts at .95
TQQQ,
STO September 13, $60 puts at .96
STO September 20 $60 puts at .98
TQQQ, STC September 20, $65…
TQQQ, STC September 20, $65 calls at 8.45, We have been up 6 days in a row so we are due for some pull back. and I will buy them again.
SPY Long(er) Term Puts
The last of my SPY puts expired yesterday so dipping my toe in again:
Sold 1 SPY 09/20/2024 460/515 Bull Put Spread at $0.72 Credit
Sold 1 SPY 09/13/2024 465/520 Bull Put Spread at $0.54 Credit
TQQQ and GLD
Sold 1 TQQQ 87/73 Diagonal Bear Call Spread at $0.75 Credit
Sold 1 TQQQ 86.5/74 Diagonal Bear Call Spread at $0.42 Credit
Sold 1 GLD 08/21/2024 240/235 Bear Call Spread at $0.51 Credit
High premiums because of the JHole speech
SOXL
#coveredcalls
Sto SOXL 6 SEP 2024 52 CALL @.68
SPX 0-dte for 8/20/24
#SPX0dte Sold to Open $SPX 5545/5565-5645/5665 condors for 1.30, deltas -.09 +.07, IV 15.80%
These trades have already returned to their anemic premium and width from before the mini-crash. After yesterday’s strong move higher I am going more aggressive with higher deltas, thinking that a ninth straight day of gains is less likely than an eighth, but also assuming there won’t be any dramatic collapse.
Tiny Puts for this week
Sold 1 VFC Aug 23 2024 15 Put at $0.06
Sold 1 TQQQ Aug 23 2024 55 Put at $0.07
Sold 1 SOXL Aug 23 2024 26 Put at $0.07
Sold 1 AAP Aug 23 2024 40 Put at $0.10
Sold 1 LABU Aug 23 2024 97 Put at $0.20
#Tiny99PercentPuts
SPY Expiration
1 SPY 500/537 Bull Put Spread
1 SPY 520/538 Bull Put Spread
I had to roll all my calls for today up and out (again)
VXX Long Term Puts
Bought VXX Jan 17 2025 24.0 Puts at $0.15
#VXXContango
