#SPX0dte Sold to Open $SPX Mar 7th 5095/5125-5130/5160 condors for 16.90, IV 19.87%
20-pt winged test trade selling for 13.40
Recent Updates Page 68
ADM Covered Call Roll
Rolled this week’s ADM 57 Covered Call to the ADM 03/22/2024 57.0 Call at $0.57 Credit
SPY Expiration
1 SPY 03/06/2024 518/523 Bear Call Spread
Last Calls for a while
I rolled any in-the-money SPY calls out past the expected ex-dividend date of 03-15-2024
SPX
#SyntheticShortStock – Straight rolls again today.
Rolled SPX Mar 06 2024 5115.0 Put to Mar 07 2024 5115.0 Put @ 8.00 credit (19.80 total now)
Rolled SPX Mar 06 2024 5120.0 Put to Mar 07 2024 5120.0 Put @ 7.00 credit (16.25 total now)
TQQQ,
Yesterday, I sold my call option position in the April 19 calls for a 20% loss of my profits but am still up for the year. I am still short all of the put options and expect them to be good trades.
SPX 0-DTE #tastytrade another video…
SPX 0-DTE
#tastytrade
another video I believe to be interesting
SPX 0-dte 3/6/24
#SPX0dte Sold to Open $SPX 5075/5105-5110/5140 condors for 17.30.
Internet issues delayed me… when I first entered this it was going for 18.00. Very irritating.
This is a touchy day… Market is trending higher, and Powell will testify before Congress starting at 10am. We also have JOLT jobs report coming. Going for 10% only.
SPY Expiration
1 SPY 495/506 Bull Put Spread
SPX
#SyntheticShortStock – Straight rolls today.
Rolled SPX Mar 05 2024 5115.0 Put to Mar 06 2024 5115.0 Put @ 4.00 credit (11.80 total now)
Rolled SPX Mar 05 2024 5120.0 Put to Mar 06 2024 5120.0 Put @ 3.25 credit (9.25 total now)
PFE
#BullPutSpreads – Added to yesterday.
Sold PFE Aug 16 2024 30.0/25.0 Bull Put Spreads @ 3.10 (3.30 yesterday)
CEG Calls
Sold 1 CEG 03/15/2024 210/200 Bear Call Spread at $0.60 Credit
VXX Calls
Sold VXX 03/22/2024 22/17.5 Bear Call Spreads at $0.14
Sold VXX 03/28/2024 22/18 Bear Call Spreads at $0.15
SPY Puts
Got very aggressive ( for me )
Sold 1 SPY 03/08/2024 495/500 Bull Put Spread at $0.27 Credit
Sold 1 SPY 03/11/2024 495/500 Bull Put Spread at $0.37 Credit
Sold 1 SPY 03/12/2024 495/500 Bull Put Spread at $0.47 Credit
Then on the next leg down:
Sold 1 SPY 03/13/2024 490/495 Bull Put Spread at $0.27 Credit
Sold 1 SPY 03/14/2024 490/495 Bull Put Spread at $0.33 Credit
Sold 1 SPY 03/15/2024 490/495 Bull Put Spread at $0.42 Credit
Some of these are paired with SPY Bear Call spreads I sold last week.
WHR WBA UPS BIIB CRM Puts
Sold 1 WHR 03/08/2024 98/103 Bull Put Spread at $0.33 Credit
Sold 1 WBA 03/08/2024 18/20 Bull Put Spread at $0.16 Credit
Sold 1 UPS 03/15/2024 139/143 Bull Put Spread at $0.17 Credit
Sold 1 BIIB 03/08/2024 207.5/212.5 Bull Put Spread at $0.53 Credit
Sold 1 CRM 03/08/2024 280/285 Bull Put Spread at $0.27
XBI
#ShortPuts – Just a little starter to maybe build off of.
Sold XBI Apr 19 2024 90.0 Puts @ 1.20
SPX 0-dte 3/5/24
#SPX0dte Sold to Open $SPX Mar 5th 5080/5110-5115/5145 condors for 15.00, IV 16.64%
SPX 0DTE
#spx0dte
At the open 9:40 execution
$SPX STO 3/4 5115/5135/5135/5155 Iron Fly at 12
I was out all day so immediately set a BTC order before leaving for the day
It was executed at 11:41
$SPX BTC 3/4 5115/5135/5135/5155 Iron Fly at 9.80
18% of max profit achieved.
SPY Expiration
1 SPY 03/04/2024 500 Put
1 SPY 03/04/2024 518/514 Bear Call Spread
SMCI
In case you missed it, another 200 points to another new high
Looking for spread candidates but so far no trades
SPY Diagonal Call
Bought 1 SPY 03/07/2024 523 Call / Sold 1 SPY 03/06/2024 518 Call at $0.33 Credit
Late day ramp in SPY yet again.
SPX
#SyntheticShortStock – Another round. Difference is once again the horrible Fidelity software. Mobile app locked up and by the time I got it going again market had moved.
Bought to Close SPX Mar 04 2024 5095.0 Put @ .60 (sold for 7.85)
Bought to Close SPX Mar 04 2024 5095.0 Put @ .25 (sold for 6.25)
Sold SPX Mar 05 2024 5115.0 Put @ 7.80
Sold SPX Mar 05 2024 5120.0 Put @ 6.00
Alternative to TOS paper account?
It looks like TOS is canceling paper accounts. It started about a month ago and now even my oldest paper account was closed today. New paper accounts are not available.
Is there a decent alternative to TOS paper account with similar functionality?
UPS NEM CEG Calls
Sold 1 UPS 03/08/2024 160/155 Bear Call Spread at $0.33 Credit
Sold 1 NEM 03/08/2024 36/34 Bear Call Spread at $0.17 Credit
Sold 1 CEG 03/15/2024 190/185 Bear Call Spread at $0.58 Credit
Bitcoin ETF
Sold the last tiny lot of IBIT at $38.01
Bought at $23.00
HUM CHTR Puts
Sold 1 HUM 03/08/2024 317.5/327.5 Bull Put Spread at $0.43 Credit
Sold 1 CHTR 03/08/2024 250/260 Bull Put Spread at $0.43 Credit
NTAP Calls
Sold 1 NTAP 03/08/2024 120/113 Bear Call Spread at $0.27
SPY Call
Sold 1 SPY 03/04/202024 514.0 Call at $0.23
AVGO Calls
Sold 1 AVGO 03/08/2024 1730/1700 Bear Call Spread at $0.87 Credit
Broadcom set a new all time high today at 1410
#Earnings Thursday and at this moment the at-the-money Mar 8 2023 1410 Call is trading at 60 while the put is trading at 66.
Would make a tempting strangle for someone with more cash than I have.
SPX 0-dte 3/4/24
#SPX0dte Sold to Open $SPX Mar 4th 5095/5125-5130/5160 condors for 12.70, IV 14.57%
That’s lowest premium I’ve seen yet, I guess because IV is low and no economic events today, other than FOMC member Harker speaking at 11am ET.
Earnings 3/4 – 3/8
Economic Calendar 3/4 – 3/8
Jobs report is Friday
OptionsExpiration
A good week
SPY 516/513 Bear Call Spread
SPY 514 Call
BIIB 210/215 Bull Put Spread
NEM 33/32 Bear Call Spread
VXX 14.0 Covered Calls
VXX 15.50 Calls
VXX 22/18.5 Bear Call Spread
UVXY 7.0 Covered Calls
UVXY 8.0 Call
UVXY 13/10 Bear Call Spreads
NCLH 22/20 Bear Call Spread
UPS 138/142 Bull Put Spread
UPS 155/150 Bear Call Spreads
BOIL 24/19 Bear Call Spread
BOIL 23.5/19 Bear Call Spread
BOIL 23/19 Bear Call Spread
BOIL 19.5 Calls
TJX 90/95 Bull Put Spread
CHTR 267.5/272.5 Bull Put Spread
CHTR 270/275 Bull Put Spread
CHTR 310/305 Bear Call Spread
CHTR 320/315 Bear Call Spread
BRK/B 390/400 Bull Put Spread
SPX
#SyntheticShortStock – Different fills on these in different accounts thanks to Fidelity’s horrible software. Had to close and reload in between so missed the 12 minute selloff in one account. 🙂 🙂
Bought to Close SPX Mar 01 2024 5075.0 Put @ .45 (sold for 38.95)
Bought to Close SPX Mar 01 2024 5075.0 Put @ .85 (sold for 38.95)
Sold SPX Mar 04 2024 5095.0 Put @ 7.85
Sold SPX Mar 04 2024 5095.0 Put @ 6.25
TQQQ,
STO April 12, 53 puts at 1.13
BIIB Puts 0-dte
Sold 1 BIIB 03/01/2024 210/215 Bull Put spread at $0.43 on the open
XEL Put
Sold some more puts (cash covered)
Sold XEL Mar 15 2024 40.0 Puts at $0.50 and $0.60
TQQQ,
My March 1, 48 puts will expire at zero today and I am trying to replace the puts with the April 12 puts but there is not much trading out 7 weeks today.
ADM Covered Call
Rolled my ADM 57.0 Covered Call for today to the ADM 03/15/2024 57.0 Covered Call at $0.42 Credit
SPY Call Spreads
Sold 1 SPY 03/12/2024 524/519 Bear Call Spread at $0.53 Credit
Sold 1 SPY 03/14/2024 525/520 Bear Call Spread at $0.67 Credit
XEL Puts
Bought XEL 03/15/2024 35.00 Puts at $0.05
Sold 1 XEL 03/15/2024 45.00 Put at $0.65
Sold 1 XEL 03/15/2024 50.00 Put at $1.25
Hopefully the Texas fire will be old news in 2 weeks
SPX 0-dte 3/1/24
#SPX0dte Sold to Open $SPX Mar 1st 5070/5100-5105/5125 condors for 16.90, IV 20.14%
SPY Call Spread
Sold 1 SPY 03/11/2024 523/518 Bear Call Spread at $0.44 Credit
The short side is 10 points out of the money and the all time high on SPY is 510.13
SPY Expiration
1 SPY 02/29/2024 501 Put
1 SPY 02/29/2024 503 Put
1 SPY 02/29/2024 518/511 Bear Call Spread
SPY 1-dte
Sold 1 SPY 03/01/2024 513.00 Call at $0.23
My 513/500 strangle for tomorrow has a premium of $0.56
SNOW
#JadeLizards – Sacrificing the upside for more downside help. Sold another call spread just below my short put. I’ll risk the 30 cents on a rally for a lower breakeven if it continues dropping.
Sold SNOW Mar 15 2024 185/190 Besr Call Spreads @ 2.10 credit.
Position is now 190 short put against 185/190 call spread. 4.70 total credit. Max loss .30 to the upside and breakeven 185.30 to the downside.
Not something I really want to mess with long term.
BA
#CoveredCalls – Out and up.
Rolled BA Mar 01 2024 195.0 Calls to Mar 15 2024 197.5 Calls @ .35 debit (5.50 total now)
LABU
Bought to close 1 LABU 03/01/2024 195/190 Bear Call Spread at $0.01
Sold on Tuesday at $0.73
SPX
#SyntheticShortStock – A clean sweep. Straight rolls the entire week. I could hold out for more but a last hour rally would cost me premium and possibly a higher strike sale tomorrow. Dips during last 90 minutes of the day seem to work pretty good.
Rolled SPX Feb 29 2024 5075.0 Puts to Mar 1 2024 5075.0 Puts @ 8.50 credit (38.95 total now)
SPY Diagonal Put
Bought 1 SPY 03/05/2024 495.00 Put / Sold 1 SPY 03/04/2024 500.00 Put at $0.16 Credit
VXX UVXY Covered Calls
Sold VXX 03/01/2024 14.00 Calls at $0.12
Sold UVXY 03/01/2024 7.00 Calls at $0.12
I can always roll them.
SPX Tasty Iron Flies
#spx1dte
SOLD yesterday at 3:30
$SPX STO 2/29 5035/5065/5095 at 20.00
Closed at 11:00
$SPX BTC 2/29 5035/5065/5095 at 18.00. 10% of max profit
Sold today at open
$SPX STO 2/29 5050/5080/5110 at 19.44
Closed at 10:45
$SPX BTC 2/29 5050/5080/5110 at 15.50. 20% of max profit
SPY 0-dte
Sold 1 SPY 02/29/2024 511.00 Call at $0.29
TQQQ,
BTO, April 19, 55 calls at 7.40, adding to my position.
SPX 0-dte trades 2/29/24
#SPX0dte After the open, sold to open $SPX Feb 29th 5065/5095/5125 Iron Butterflys for 18.00, IV 20.93%
Small accounts: 5060/5090-5095/5125 condors for 16.35.
SPX #spx0dte I am waiting…
SPX
#spx0dte
I am waiting a bit due to the high EM numbers.
SPY Expiration
1 SPY 02/28/2024 510.00 Call sold yesterday at $0.37
SNOW Earnings
#ShortPuts – Jade Lizards.
Sold SNOW Mar 15 2024 190.0/242.5/245.0 Jade Lizards @ 2.60
BOIL Calls
Bought BOIL 03/08/2024 24.00 Calls / Sold BOIL 03/01/2024 19.50 Calls at $0.12 Credit
SPY Put
Bought 1 SPY 03/01/2024 495.00 Put / Sold 1 SPY 02/29/2024 501.00 Put at $0.15 Credit
SPX
#SyntheticShortStock – Sideways week so another straight roll today.
Rolled SPX Feb 28 2024 5075.0 Puts to Feb 29 2024 5075.0 Puts @ 8.80 credit (30.45 total now)
LOW Spread closed
Bought to close 1 LOW 03/01/2024 212.50/217.50 Bull Put Spread at $0.01.
Sold on Monday prior to earnings at $0.39
Bitcoin ETF
Sold one more lot of FBTC at $55.01 . 10% above where I sold yesterday.
Bought at $36.00
AZO CEG Call Spreads
Sold 1 AZO 03/15/2024 3250/3200 Bear Call Spread at $1.80 Credit
Sold 1 CEG 03/15/2024 175/170 Bear Call Spread at $0.65 Credit
SPX 0-dte trades 2/28/24
#SPX0dte Sold to Open $SPX 5040/5070/5100 Iron Butterflys for 15.95, IV 16.34%
Small accounts: 5035/5065-5070/5100 for 13.90.
Overnight test: IC centered at 5075-5080 sold for 15.50, was up to 16.75 earlier but is now in profit since SPX has risen closer to the center.
SPY Expiration
1 SPY 495/503 Bull Put Spread
LABU
Massive move today
Sold 1 LABU 03/01/2024 195/190 Bear Call Spread at $0.73
BOIL NCLH Call Spreads
Sold BOIL 03/01/2024 23/19 Bear Call Spreads at $0.15 Credit
Sold 1 NCLH 03/01/2024 22/20 Bear Call Spread at $0.13 Credit
Post-earnings
SPX
#SyntheticShortStock – Another straight roll today.
Rolled SPX Feb 27 2024 5075.0 Puts to Feb 28 2024 5075.0 Puts @ 7.60 credit (21.65 total now)
SMCI
#ShortPuts – Taking half six weeks early.
Bought to Close SMCI Apr 19 2024 360.0 Put @ 1.70 (sold for 3.40)
SPY Diagonal Call
Bought 1 SPY 02/29/2024 518.00 Call at $0.04
Sold 1 SPY 02/28/2024 510.00 Call at $0.37 for a $0.33 Credit
#OnlySpreads
Bitcoin ETFs
Sold a tiny bit more of FBTC at $50.01
Bought at $36.00
Sold a tiny bit more of IBIT at $32.55
Bought at $24.00
Only a tiny bit left in each
TQQQ
BTC March 1, 45 puts at .01, sold at .21
SPX 0-dte trades 2/27/24
#SPX0dte Sold to Open $SPX Feb 27th 5045/5075/5105 Iron Butterflys for 16.55, IV 16.57%
Small accounts: 5040/5070-5075/5105 condors for 14.65.
NOTE: I placed similar PAPER positions at the close last night (the IB was 5 points lower), and since we are little changed from yesterday’s close, the IB gained 1.50 on the IC about 1.75. My day could be over before the open had these been my real trades. I’m going to be testing night-before paper trades for future consideration.
SPY Put
Sold 1 SPY 02/27/2024 503.0 Diagonal Put at $0.24
SPX
#SyntheticShortStock – Straight roll today.
Rolled SPX Feb 26 2024 5075.0 Puts to Feb 27 2024 5075.0 Puts @ 8.50 credit (14.05 total now)
Options Bistro 