SPY Nov 28 2023 456.0 Calls sold yesterday at $0.34, $0.35, $0.37 and $0.42
1 SPY Nov 28 2023 457.0 Call sold yesterday at $0.17
1 SPY Nov 28 2023 449/452 Bull Put spread sold at $0.13 Credit
Recent Updates Page 64
QQQ,
STO January 19, 350 puts at 1.05
Today’s options
Sold BOIL Dec 01 2023 34 Puts at $0.37 and $0.57
Sold 1 COF Dec 01 2023 109 Call at $0.50
Sold 1 GNRC Dec 01 2023 117 Call at $0.60
Sold 1 DLTR Dec 01 2023 102 Put at $0.70
Sold COF Dec 01 2023 107 Calls at $0.97 and $1.09
Sold 1 DG Dec 01 2023 128 Call at $2.15
#OnlySpreads
NVO Put
#shortput
$NVO STO 12/1 101 put at .95
ARM Call
#coveredcalls
$ARM STO 12/1 64 call at .53
Rolling $SHOP
With the stock at 74, rolled 12/15 65 puts up and out to 1/19 70 puts @ 2.13 credit.
With rolls, I’m now back in the black overall with premium taken in of .52. Earnings are not until February and I want to stay involved in this uptrend.
SPX trades 11/28
#SPX1dte Condor sold yesterday is doing fine so will allow to expire unless challenged
Sold to Open $SPX Nov 29th (next day) 4485/4505-4585/4605 condors for 1.00, deltas -.07 +.06, IV 10.4%
COIN Put Close
$COIN BTC 1/19 65 put at .40. STO 11/7 at 2.50. Thank you @ramie77
VIX More of a question…
VXX
More of a question to understand what I actually have: in Nov ’21 I bought two long puts contracts in VIX with a 5$ Strike, expiration Jan19′ 24. And then came the reverse split and I don’t know anymore if I have a good or bad trade. Reverse was 1 for 4, now I can’t work out where my BEP would be on this? what would happen if I tried to execute the option? They are noted now as 25/100 option, that must be because of the reverse split, but still at the 5$ strike. Expiration is coming relatively soon, so I must make up my mind.
VIX
Another 52-week low in the VIX today
NO FEAR in this market
SPX Trade
#0dte
$SPX STO 11/27 4525/4505 at .50. Sold at first push up this morning. Expired
SPY Expiration
SPY Nov 27 2023 456 Calls sold earlier today
SPY
#ShortPuts – Still trying to stir things up a little. Selling the expected move at the 100 day.
Sold SPY Jan 05 2024 440.0 Puts @ 2.25
Other Short Options this week
1 EXPE Dec 01 2023 138 Call at $1.21
1 DLTR Dec 01 2023 132 Call at $1.18
1 BOIL Dec 01 2023 37 Put at $1.09
1 TGT Dec 01 2023 133 Call at $0.91
1 BOIL Dec 01 2023 36.5 Put at $0.90
1 EXPE Dec 01 2023 139 Call at $0.85
1 DG Dec 01 2023 130 Call at $0.82
BOIL Dec 01 2023 36 Puts at $0.75, $0.76 and $0.80
1 QCOM Dec 01 2023 129 Call at $0.72
1 ETSY Dec 01 2023 78 Call at $0.67
1 TGT Dec 01 2023 128 Put at $0.55
1 GNRC Dec 01 2023 107 Put at $0.43
1 KR Dec 01 2023 42 Put at $0.34
1 QCOM Dec 01 2023 131 Call at $0.33
1 EXPE Dec 01 2023 130 Put at $0.25
And for today
SPY Nov 27 2023 456 Calls at $0.13 and $0.16
SNOW Condor
Sold 1 SNOW Dec 01 2023 200/195/147/142 Iron Condor at $0.77 Credit
#Earnings #OnlySpreads
Thanks for the idea @fuzzballl
MMM
Sold a tiny bit more of MMM at $96.91.
#FormerFallingKnife
More MELI roll
With the stock at 1585, rolled Jan 19 1300 put up to 1420 put (16 delta) @ 11.26 credit. With rolls, total premium taken in now 70.27.
SNOW earnings (Wed)
#ShortPuts – Taking a shot with breakeven at the 50 day. I’ll add another one if it implodes.
Sold SNOW Dec 15 2023 157.5 Put @ 3.66
This Week’s Puts
All high probability of expiration
BMY Dec 01 2023 48 Put at $0.08
MRK Dec 01 2023 98 Put at $0.09
BOIL Dec 01 2023 31 Put at $0.10
HRL Dec 01 2023 30 Put at $0.10
NTAP Dec 01 2023 70 Put at $0.25
DLTR Dec 01 2023 99 Put at $0.33
SPX trades 11/27
#SPX1dte Sold to Open $SPX Nov 27th 4510/4530-4585/4605 condors for 1.10, deltas -.09 +.06, IV 14.5%
Economic Calendar 11/27 – 12/1
OptionsExpiration
1 CMA Nov 24 2023 43 Put
1 AAP Nov 24 2023 47 Put
1 CVS Nov 24 2023 67 Put
1 USB Nov 24 2023 36.5 Put
1 HPQ Nov 24 2023 25.5 Put
1 JWN Nov 24 2023 12.5 Put
1 CVS Nov 24 2023 73.0 Covered Call
1 NVDA Nov 24 2023 445/450/545/550 Short Iron Condor
1 SPY Nov 24 2023 457 Diagonal Call
Assignments:
DG 118 Covered Calls
TINY Gains
Sold tiny bits of all these:
MTB at $126.01
PNC at $128.90
UPS at $151.88
MMM at $95.60
#FormerFallingKnife #GettingToCash
SPX
Almost #0DTE – Never quite got the full position but good enough.
Bought to Close SPX Nov 27 2023 4600/4605 Bear Call Spreads @ .15 (sold for .75)
No trade
#SPX1dte Not enough premium on the usual 6-delta spreads so I may not be placing a trade today. I’ll take another look after the open.
#Happy thanking to all!!
#Happy thanking to all!!
Happy Thanksgiving
I am thankful for all of you at this site. Appreciate your teaching and your fellowship. Special thanks to @jeffcp66 who makes this all possible.
QQQ,
STO December 29, 360 puts at 1.01
STO January 5, 360 puts at 1.28
AI Call Roll / NVDA Call / SPX
#coveredcalls
$AI BTC 11/24 30 call and STO 12/1 30.50 call at added credit of .50 and .50 extra if called away
$NVDA BTC 11/24 525 call at 1.10. Sold last night at 8.75.
#spxcampaign
$SPX STO 4495/4515/4590/4570 at 2.45 Made a booboo on entry so closed the call side for 1.47. Credit of .70 for the mistake call. Still in Put side
Sold after the dip
$SPX STO 11/22 4525/4530 BUPS at .80.
SPX
#BearCallSpreads – Taking a shot up at the even number for Monday. Starting small so might add on bounces. Hoping to leg into the BuPS at some point also.
Sold SPX Nov 27 2023 4600/4605 Bear Call Spreads @ .75
NVDA
#BullPutSpreads – Couldn’t resist.
Sold NVDA Dec 15 2023 450.0/440.0 Bull Put Spreads @ 1.90
SPX
Almost #0DTE – Gotta go so bailed on the first dip. Good enough!
Bought to Close SPX 4495/4500/4575/4580 @ .70 (sold for 1.55)
SPX trades 11/22
#SPX1dte Sold to Open $SPX Nov 22nd 4495/4515-4585/4605 condors for 1.00, deltas -.09 +.06, IV 17.1%
SPY Rolls and Expiration
Rolled 1 SPY Nov 21 2023 455 Call to 1 SPY Nov 22 2023 456 Call at $0.37 Credit
Rolled 1 SPY Nov 21 2023 456 Call to 1 SPY Nov 22 2023 457 Call at $0.21 Credit
Some short SPY Nov 21 2023 454 Calls expired wothless.
#OnlySpreads
$SPX 0DTE
#spxcampaign
$SPX STO 11/21 4510/4515 BUPS at .90. Sold after the morning dip. BTC for .05. Thanks to @fuzzballl for the $5 wide idea and always to @jeffcp66 (aka the Father of the SPX trade). I’m obviously missing something, but the 5 wide seems to have good premium vis a vis the 20 wide with much lower downside when all goes Poof! ??????
SPX
Almost #0DTE – Legged in on the morning swings for tomorrow.
Sold 4495/4500/4575/4580 @ 1.55
TQQQ,
STO December 8, 40 puts at .51
NVDA Condor
Sold 1 NVDA Nov 24 2023 445/450/545/550 Condor at $1.41 Credit
#OnlySpreads #Earnings
JWN Put
Sold 1 JWN Nov 24 2023 12.5 Put at $0.13.
#Earnings
SPX 1-dte
#SPX1dte Sold to Open $SPX Nov 21st 4490/4510-4590/4610 condors for .95, deltas -.08 +.05, IV 10.95%
Earnings this week
What news just hit?
Anyone know reason for sudden pop?
SPX **Paper Trade**
EDIT: Adding this so I can search and find this post only for later reference. 🙂 🙂
fuzzyspxpapertrade
#0DTE – After looking back on some past attempts at this I feel like 5 wide works pretty good for me minimizing losses if a repair is needed. Really pushing my luck today hoping to need a repair just to see how it turns out. The repair would be selling the opposite side if short side is breached….(not turning it into an iron fly but more aggressively selling the same exact strikes on the opposite side).
Today so far central time
1. Sold call spread on early pop.
2. Sold put spread on the drop.
3. Closed original call spread. (real account would have stopped adding here)
4. Sold another call spread on pop.
5. Closed put spread.
Holding here with 4540 as the line in the sand for repair with alert set for 4538. 1.85 premium in the bank so would look for as close to 3.15 on a repair as I can get. I have the put spread repair in open orders now with a 5.00 price for easy access if needed. A quick adjust to the price and send it if needed.
Tiny gains
Sold more of my tiny positions in:
PARA at $13.50 and 13.75
INTC at $43.83
UPS at 148.20
GPS at $18.13
#SP500 #FormerFallingKnife
New Puts
Sold 1 CMA Nov 24 2023 43 Put at $0.15
Sold 1 AAP Nov 24 2023 47 Put at $0.15
Sold 1 CVS Nov 24 2023 67 Put at $0.19
Sold 1 USB Nov 24 2023 36.5 at $0.20
Sold 1 HPQ Nov 24 2023 25.5 Put at $0.11
SPX trades 11/20
#SPX1dte Sold to Open $SPX Nov 20th 4460/4480-4540/4560 condors for 1.40, deltas -.09 +.10, IV 16.8%
This may be narrowest condor I’ve sold in early AM and also highest deltas. The next deltas out were -.07 and only +.04. So I went more aggressive with a width of 60 rather than 70. Market is expecting a quiet holiday week.
Economic Calendar 11/20 – 11/24
Market closed on Thursday, and closes early on Friday (1pm ET)
OptionsExpiration
CVS 73 Covered Calls
LNC 25 Covered Call
UVXY 14 Covered Calls
WBA 22.5 Covered Calls
Bear Call Spreads expiring:
UVXY
VXX
WM
WMT
AAP
COF
PENN
Condor expiring:
NVDA
Assignments
TGT Covered Call
TSN Covered Cal
Both reversing old put assignments
MELI roll
With the stock at 1461, rolled Dec 15 1250 put up and out to Jan 19 put (17 delta) @ 16.75 credit. Strike is around the 200 day moving average. With rolls, total premium taken in now 59.01.
SPX trades 11/17
#SPX1dte Going for another #RiskReversal. If it doesn’t pull through I will sell a lower call spread.
Sold to Open $SPX Nov 17th 4475/4455 put spreads, delta -.08
Bought to Open Nov 17th 4565/4585 call spreads, delta +.04
Net CREDIT .10
XBI
#CoveredCalls – Re-loading.
Bought to Close XBI Nov 17 2023 72.0 Calls @ .09 and .10 (sold for .48)
Sold XBI Dec 15 2023 75.0 Calls @ .75
NVDA Condor 1DTE
Sold 1 NVDA Nov 17 2023 505/502.50 Bear Call Spread at $0.36 Credit
Sold 1 NVDA Nov 17 2023 480/482.50 Bull Put Spread at $0.40 Credit
#Earning NEXT week
#OnlySpreads
MMM Assignment
Sold MMM at $95.00 on a Covered Call Assignment so the buyer could get the $1.50 quarterly dividend.
Not crying about it because I got the stock on an old Put assignment at $89.00.
Back to cash.
#CoveredCalls
DG Covered Call
Another week – another rollup
Bought to Close DG Nov 17 2023 117 C0vered Calls / Sold to Open DG Nov 24 2023 118 Calls at $0.25 Credit plus another point higher on the short strike.
#CoveredCalls
SPX trades 11/16
#SPX1dte Sold to Open $SPX Nov 16th 4440/4460-4545/4565 condors for 1.00, deltas -.07 +.06, IV 20%
QQQ,
STO December 1, 385 puts at 4.21
SPY Diagonal Condor
Bought 1 SPY Nov 17 2023 457 Call and 442 Put
Sold 1 SPY Nov 16 2023 452 Call and 447 Put all for a $0.64 Credit
#OnlySpreads
SPY
#ShortPuts – Let’s try to stir things up a little. Selling the expected move and the 50 day.
Sold SPY Dec 15 2023 435.0 Puts @ 2.06
Taking gains
Lightening up on a previous #FallingKnife stocks
TSN at $48.38
SWK at $90.71
#FormerFallingKnife
SPX 0 DTE
#spxcampaign
$SPX STO 11/15 4570/4550 call at .55
SPX trades 11/15
#SPX1dte Super late to game but with retail sales number coming and already strong $TGT earnings, going with bullish #riskreversal…
Sold $SPX Nov 15th 4460/4440 put spreads, delta -.08
Bought 4570/4590 call spread, delta +.05
Net CREDIT .05
SPY
#ShortPuts – Taking about 65 to 70 percent a month early.
Bought to Close SPY Dec 15 2023 420.0 Put @ .92 (sold for 3.00)
Bought to Close SPY Dec 15 2023 425.0 Put @ 1.22 (sold for 3.40)
$SHOP rollout
With the stock at 65.78, rolled 11/17 65 puts out to 12/15 65 puts @ 1.87 credit.
With rolls, this position still has an overall negative because of a debit roll I did on 10/5 with the stock around 52. It has now recaptured the strike, and I’m staying with it. Now negative overall 1.61.
QQQ,
STO December 29, 350 puts at 1.26
Taking gains
Lightening up on some previous #FallingKnife stocks
ARE at $99.16
ARE again at $103.77
VNO at $23.05
TFC at $31.27
ZION at $34.37
ZION again at at $36.01
USB at $36.28
CMA at $44.54
BXP at $57.28
SWK at $86.80
#FormerFallingKnife
HD Put Spread
Bought to close 1 HD 11/17/2023 267.50 / 272.50 Bull Put Spread at $0.02. Sold yesterday at $0.52 prior to #Earnings
#OnlySpreads
SPX trades 11/13
#SPX1dte Waiting for the open to sell. Call premiums are much higher than put premium at comparable deltas.
Inflation flat in October
Inflation was flat in October from the previous month, providing a hopeful sign that stubbornly high prices are easing their grip on the U.S. economy.
The consumer price index, which measures a broad basket of commonly used goods and services, increased 3.2% from a year ago despite being unchanged for the month, according to seasonally adjusted numbers from the Labor Department on Tuesday. Economists surveyed by Dow Jones had been looking for respective readings of 0.1% and 3.3%.
Headline CPI had increased 0.4% in September.
https://www.cnbc.com/2023/11/14/cpi-inflation-report-october-2023.html
SPY Diagonal Bear Call Spreads
Bought 1 SPY Nov 15 2023 446 Call / Sold 1 SPY Nov 14 2023 441 Call at $1.47 Credit
Bought 1 SPY Nov 15 2023 447 Call / Sold 1 SPY Nov 14 2023 442 Call at $0.70 Credit
Bought 1 SPY Nov 15 2023 448 Call / Sold 1 SPY Nov 14 2023 443 Call at $0.47 Credit
#OnlySpeads
HD Put Spread
Sold 1 HD 11/17/2023 267.50 / 272.50 Bull Put Spread at $0.52 Credit
#OnlySpreads
New Weekly Spreads
Sold 1 AAP 68/64 Bear Call Spread at $0.62 Credit
Sold 1 WM 175/172.5 Bear Call Spread at $0.65 Credit
Sold 1 WMT 180/175 Bear Call Spread at $0.37 Credit
Sold 1 QCOM 132/127 Bear Call Spread at $0.37 Credit
Sold 1 UVXY 18/13.5 Bear Call Spread at $0.22 Credit
Sold 1 TGT 90/95 Bull Put Spread at $0.38 Credit
Sold 1 TGT 125/120 Bear Call Spread at $0.43 Credit
#OnlySpreads
Puts Expiring and the replacements
Expired Friday:
DVN 42.5 Put
EBAY 36.0 Put
GM 26.0 Put
MOS 31.0 Put
TPR 24.5 Put
New Positions for this week:
AAP 46.0 Put at $0.57
BBWI 25.0 Put at $0.20
TGT 98.0 Put at $1.09
Strikes are below 52-Week Lows
QQQ,
STO December 15, 350 puts at 1.44
STO December 22 ,350 puts at 1.94
SPX trades 11/13
#SPX1dte Sold to Open $SPX Nov 13th 4345/4365-4450/4470 condors for 1.00, deltas -.06 +.05, IV 20.3%
Economic Calendar for 11/13 – 11/17
CPI report is Tuesday morning
Options Bistro 