On the sudden pullback – SPY low so far is 514.85
Sold 1 SPY 04/12/2024 489/499 Bull Put Spread at $0.27 Credit
Sold 1 SPY 04/15/2024 488/498 Bull Put Spread at $0.28 Credit
Sold 1 SPY 04/16/2024 487/497 Bull Put Spread at $0.29 Credit
Recent Updates Page 69
UVXY VXX Calls
On a sudden market pullback
Sold UVXY 04/12/2024 9/7.5 Bear Call Spreads at $0.07 Credit
Sold VXX 04/12/2024 17.5/15 Bear Call Spreads at $0.10 Credit
SPX
#SyntheticShortStock – More data coming in the morning so very aggressive here. No clue how the market will react.
Rolled SPX Apr 05 2024 5240.0 Puts to Apr 05 2024 5250.0 Puts @ 3.85 credit (22.65 total now)
UPS Puts Closed
Bought to close 1 UPS 04/05/2024 136/145 Bull Put Spread at $0.01
Bought to close 1 UPS 04/05/2024 138/144 Bull Put Spread at $0.01
#ReleaseCapital
AAP SPY Calls
Sold 1 AAP 04/05/2024 89/87 Bear Call Spread at $0.18 Credit
Sold 1 SPY 04/08/2024 535/530 Bear Call Spread at $0.24 Credit
Sold 1 SPY 04/05/2024 530/525 Bear Call Spread at $1.05 Credit
SPX 0-dte trades 4/4/24
#SPX0dte Another over-reaction to data, this time slight rise in weekly jobless claims. Not sure if I’ll place a trade before the open.
SPY Expiration
1 SPY 04/03/2024 505/510 Bull Put Spread – sold yesterday at $0.13
UPS Call
Sold 1 UPS 04/05/2024 155.00 Diagonal Call at $0.28
ULTA Puts
Sold 1 ULTA 04/05/2024 410/420 Bear Call Spread at $0.30 Credit
GLD SLV Calls
Fading the gold / silver run a bit
Sold 1 GLD 04/05/2024 222.5/217.5 Bear Call Spread at $0.18 Credit
Sold 1 SLV 04/05/2024 28/25 Bear Call Spread at $0.18 Credit
AMDY
BOT AMDY @20.81
OT I am using Fox…
OT
I am using FireFox browser and I am getting a message that connection is lost several times a day, I also see that it doesn’t refresh sometimes even after I had re-connected. I cleared the history, switched of the enhanced tracking but the issues remain. Anyone has similar issues and knows the solution?
Thanks
LABU SBUX Puts
Sold 1 LABU Apr 05 2024 89/99 Bull Put Spread at $0.53 Credit
Sold 1 SBUX Apr 05 2024 86/88 Bull Put Spread at $0.22 Credit
SPX o-dte 4/3/24
#SPX0dte Sold to Open $SPX Apr 3rd 5170/5200-5205/5235 condors for 15.85, IV 18.38%, at 8:41 ET
HE
#shortputs
Sto HE 5 APR 2024 11 PUT @.16
SPY Puts
As noted below – SPY Bottomed at about 516.50
Sold 1 SPY 04/08/2024 500/505 Bull Put Spread at $0.17 Credit
Sold 1 SPY 04/05/2024 505/510 Bull Put Spread at $0.34 Credit
Sold 1 SPY 04/04/2024 505/510 Bull Put Spread at $0.17 Credit
Sold 1 SPY 04/04/2024 500/509 Bull Put Spread at $0.23 Credit
Sold 1 SPY 04/03/2024 505/510 Bull Put Spread at $0.13 Credit
VXX UVXY Calls
Sold 1 VXX 04/05/2024 14.50 Call at $0.13
Sold VXX 04/05/2024 14.00 Calls at $0.21 and $0.33
Sold 1 VXX 04/12/2024 15.50 Call at $0.22
Sold UVXY 04/12/2024 8.00 Calls at $0.15
Sold UVXY 04/19/2024 9.00 Calls at $0.15
VXX and UVXY peaked out at about 10:15, the same time as SPY bottomed at 516.50
SPX
#SyntheticShortStock – Out to Friday and down a strike.
Rolled SPX Apr 02 2024 5245.0 Puts to Apr 05 2024 5240.0 Puts @ 2.00 credit (18.80 total now)
Powell speaks WEDNESDAY 4/3
Added to the economic calendar is Powell speaking Wednesday at 12:10pm ET
SPX 0-dte 4/2/24
#SPX0dte Sold to Open $SPX Apr 2nd 5190/5220-5225/5245 condors for 14.15, IV 15.43%
Futures trending lower after a day with a decent drop, so this is riskier positioning than last week has been. Also would like to be out by 10a ET to avoid in reaction to JOLT jobs report.
SPY Expiration
1 SPY 04/01/2024 526.00 Call
Small Trades
UVXY Apr 05 2024 8.5 Covered Calls at $0.03
UVXY Apr 05 2024 7.0 Covered Calls at $0.06
VXX Apr 05 2024 14.0 Covered Call at $0.09
VXX Apr 12 2024 15.5 Covered Call at $0.11
VXX Apr 19 2024 17.5 Covered Call at $0.11
TSLA Apr 05 20214 135.0 Put at $0.06
BA Apr 05 2024 172.5 Put at $0.06
NKE Apr 05 2024 89.0 Put at $0.07
ETSY Apr 05 2024 61.0 Put at $0.08
WBA Apr 05 2024 19.0 Put at $0.09
#EveryLittleBitHelps
SPY on the open
Sold 1 SPY 04/04/2024 530/524 Bear Call Spread at $1.43 Credit
SPX
#SyntheticShortStock – Straight roll today.
Rolled SPX Apr 01 2024 5245.0 Puts to Apr 02 2024 5245.0 Puts @ 6.25 credit (16.80 total now)
AAPL Puts
Sold 1 AAPL 160/165 Bull Put Spread at $0.23 Credit
TQQQ,
Sto May 10, 50 puts at .65, added to the short.
TQQQ,
STO May 10, 50 puts at .63 cents
SPX 0-dte 4/1/24
#SPX0dte Sold to Open $SPX Apr 1st 5230/5260-5265/5295 for 12.80, IV 14.78%
Expiration Assignments
#optionsexpiration #assignment
Assigned
$AMD 182.5 put
$ARM 140 put
$UPST 25.5 call
Expired
$VKTX 66 put
$DJT 75 call
$AMZN 185 call
$NVO 135 call
$ARM 141 call
SPY Call
Bought to close 1 SPY 03/28/2024 524.00 Call at $0.23. Sold this morning at $0.58
Rolled it to 1 SPY 04/01/2024 526.00 Call at $0.40
TQQQ META SPY AVGO
3/28/2024 all expired worthless/yeah
ACN Calls
Rolled the entire ACN 350/345 Bear Call spreads up 5 points to next week’s ACN 355/350 Bear Call Spreads for a $0.04 Credit
However, all my ACN BULL Put spreads will expire
#WinSomeLoseSome
Economic Calendar 4/1 – 4/5
ADDED to calendar is Powell speaking WEDNESDAY:
JOBS report Friday morning.
SPX
#SyntheticShortStock – Gonna call these good. Got my roll target so resetting accumulated premium.
Bought to Close SPX Mar 28 2024 5235.0 Puts @ 1.55 (sold for 25.65 and 26.15)
Sold SPX Apr 01 2024 5245.0 Puts @ 10.55
DJT Calls Closed
Bought 1 DJT 03/28/2024 90/85 Bear Call Spread at $0.01.
Sold yesterday at $0.34
COIN Roll
#coveredcalls
$COIN BTC 4/5/2024 280 call and STO 4/12 295 call at added credit of 1.70 and $15 more if called away. So far collected $20.68 in premium and added $30 if called away. Risky going out so far in volatile stock.
DJT Put
Sold 1 DJT Apr 05 2024 20.0 Put at $0.07
#EveryLittleBitHelps
TQQQ
Btc TQQQ 28 MAR 2024 60 PUT @.05
Btc TQQQ 28 MAR 2024 60.5 PUT @.05
SPY Calls
Bought 1 SPY 04/04/2024 530.0 Call / Sold 1 SPY 03/28/2024 524.0 Call at $0.13 Diagonal Spread Credit
TQQQ,
My March 28,50 puts will expire at zero today.I sold them at .74 cents.
LULU Puts Closed
Bought to close 1 LULU 03/28/2024 355/367.5 Bull Put Spread at $0.01
SPY Expiration
1 SPY 03/27/2024 516.00 Diagonal Put
1 SPY 03/27/2024 512/517 Bull Put spread
SPX 0-dte 3/28/24
#SPX0dte At 8:38 ET, sold to Open $SPX Mar 26th 5220/5250-5255/5285 condors for 14.50, IV 17.19%
SPX 0DTE Tasty Trade
#spx0dte
This morning at 10/15
$SPX STO 3/27 5225/5245 BECS at 3.40. Delta .30
Closed out ten minutes ago
$SPX BTC 3/27 5225/5245 BECS at 2.20. 37% of max.
I had OCO order in to get out at 1.75 or stop at 8.50. Started to panic and got out.
Changing over from StreetSmartEdge on Schwab to TOS. Mandated by Schwab but a steeper and confusing learning curve for me.
DJT Put
Sold 1 DJT Mar 28 2024 43.5 Put at $0.12
#EveryLittleBitHelps
C Stock
Sold a tiny bit more of my C position at $62.55
Bought this lot on 04/01/2022 at $52.00
#FormerFallingKnife
ACN Calls
Sold ACN 03/28/2024 350/345 Bear Call Spreads at $0.20 and $0.33 Credits
SPX
#SyntheticShortStock – Rolling down a strike. Could have gotten 3.50 for this at the open but thanks to Fidelity’s absolutely horrible mobile app had to wait until back home.
Rolled SPX Mar 27 2024 5240.0 Puts to Mar 28 2024 5235.0 Puts @ .50 credit (25.65 and 26.15 total now)
TQQQ
#shortputs
#expiretommorow Maybe?
Sto TQQQ 28 MAR 2024 60 PUT @.36
Sto TQQQ 28 MAR 2024 60.5 PUT @.52
DJT Call
#coveredcalls
$DJT STO 3/28 75 call at 4.28
VIX Puts Expired
VIX Mar 27 2024 12.50 Puts – sold last Thursday at $0.06 and $0.07
DIS Calls
Sold 1 DIS 03/28/2024 125/123 Bear Call Spread at $0.23 Credit
DJT Calls
Sold 1 DJT 03/28/2024 90/85 Bear Call Spread at $0.34 Credit
SPX 0-dte 3/27/24
#SPX0dte At 8:42 ET Sold to Open $SPX Mar 27th 5195/5225-5230/5260 condors for 13.35, IV 14.11%
SPY Puts
Bought 1 SPY 03/28/2024 511.00 Put / Sold 1 SPY 03/27/2024 516.00 Put at $0.14 Credit for the Diagonal spread.
Sold 1 SPY 03/28/2024 512/517 Bull Put spread at $0.28 Credit
DIS Calls
A small bearish bet
Sold 1 DIS 03/28/2024 125/121 Bear Call Spread at $0.18 Credit
SPX
#SyntheticShortStock – Straight roll again today.
Rolled SPX Mar 26 2024 5240.0 Puts to Mar 27 2024 5240.0 Puts @ 4.10 credit (25.15 and 25.65 total now)
SQQQ Put
Sold 1 SQQQ 03/28/2024 10.0 Put at $0.06
#EveryLittleBitHelps
BIIB UPS Puts
Sold 1 BIIB 03/28/2024 207.5/212.5 Bull Put Spread at $0.42 Credit
Sold 1 UPS 03/28/2024 140.0/145.0 Bull Put Spread at $0.12 Credit
SPX 0-dte 3/26/24
#SPX0dte Sold to Open $SPX Mar 26th 5205/5235-5240/5270 condors for 12.90, IV 14.08%
20-winged test going for 11.05
AAPL LULU TSLA Re-writes
Since the short side of last week’s Diagonal Put spreads expired on Friday:
Sold 1 AAPL 03/28/2024 167.50 Put at $0.66
Sold 1 LULU 03/28/2024 367.50 Put at $0.42
Sold 1 TSLA 03/28/2024 155.00 Put at $0.25
#DoubleDip
SPX
#SyntheticShortStock – Straight roll today.
Rolled SPX Mar 25 2024 5240.0 Puts to Mar 26 2024 5240.0 Puts @ 4.50 credit (21.05 and 21.55 total now)
COIN Call Roll
#coveredcalls
$COIN BTC 3/28 270 call and STO 4/5 280 call at added credit of 2.40 and additional $10 if called away
SPY AVGO META TQQQ AMD
#onlyspreads
#everylittlebithelps
STO SPY 1 APR 2024 508/504 PUT @.09
STO AVGO 28 MAR 2024 1265/1260 PUT @.29
STO META 28 MAR 2024 480/475 PUT @.23
STO TQQQ 28 MAR 2024 57.5/55.5 PUT @.10
STO SPY 1 APR 2024 508/504 PUT @.10
STO AMD 28 MAR 2024 165/162.5 PUT @.31
—-
#coveredcalls
SOLD F 5 APR 2024 13.5 CALL @.08
SPX 0-dte 3/25/24
#SPX0dte At 8:56 ET, sold to Open $SPX Mar 25th 5200/5230-5235/5265 condors for 14.85, IV 14.45%
Upside Warning reinstated
#VIXindicator This fired at the close today. It comes after the last one was canceled on Feb 13th, but with no Downside Warning in the interim. So it may not be as strong, but don’t be surprised at more movement higher.
SPY Expiration
1 SPY 03/22/2024 490/495 Bull Put Spread – Sold on 03/15 at $0.27 (the last of my put spreads)
1 SPY 03/22/2024 529/524 Bear Call Spread – Sold yesterday at $0.49
SPX
#SyntheticShortStock – Straight roll.
Rolled SPX Mar 22 2024 5240.0 Puts to Mar 25 2024 5240.0 Puts @ 6.10 credit (16.55 and 17.05 total now)
DWAC Puts
Sold 1 DWAC Mar 28 2024 20.0 Put at $0.27
Also sold 1 DWAC Mar 28 2024 15/24 Bull Put Spread at $0.49 Credit
https://www.zerohedge.com/political/trump-tied-spac-tumbles-after-shareholder-approve-deal
Economic Calendar 3/25 – 3/29
Friday holiday so shortened week, but also pretty quiet in terms of data releases.
WBA Covered Strangle into Earnings
Sold 1 WBA Mar 28 2024 23.0 Covered Call at $0.21
Sold 1 WBA Mar 28 2024 18.0 Put at $0.07
#EveryLittleBitHelps
LULU Diagonal Put
Bought 1 LULU 03/28/2024 355.0 Put / Sold 1 LULU 03/22/2024 382.5 Put at $0.57 Credit
LULU low of the day so far is $390.55
ACN Diagonal Put
Bought 1 ACN 03/28/2024 330.0 Put / Sold 1 ACN 03/21/2024 340.0 Put at $0.35 Credit
Hoping the short expires so I can write a new one for next week
SPX o-dte 3/22/24
#SPX0dte Sold to Open $SPX Mar 22nd 5210/5240-5245/5275 condors for 13.05, IV 15.67%, at 9:36 ET
Premium was dropping rapidly as I tried to sell this.
CFG LNC Stocks
Sold tiny bits of these at new highs
CFG at $36.01 – bought April of 2023 at $28.00
LNC at $30.29 – bought March of 2023 at $20.18
