#ShortPuts – Taking the quickie.
Bought to Close SNOW Nov 24 2023 135.0 Puts @ .60 (sold for 2.05)
Recent Updates Page 80
SPX trades 11/7
#SPX1dte Sold to Open $SPX Nov 7th 4305/4325-4395/4415 condors for 1.30, deltas -.08 +.07, IV 19.1%
Only 70-point range and aggressive deltas to get the premium over a dollar.
SPX Expiration
$SPX Nov-6 4305/4325 / 4405/4425 IC
Legged in call side for .45, put side for .55.
SPY Expiration
1 SPY 441/436 Bear Call Spread sold Friday at $0.61 Credit
1 SPY 419/422 Bull Put Spread
1 SPY 424 Short Put
DHI Puts
Sold 1 DHI Nov 10 2023 103/108 Bull Put spread at $0.33 Credit
#OnlySpreads
SPY 0dte Call Closed
Bought to close 1 SPY Nov 06 2023 438 Call at $0.01. Sold this morning at $0.33
SNOW
#ShortPuts – Jumping back in the week before earnings.
Sold SNOW Nov 24 2023 135.0 Puts @ 2.05
QQQ,
STO November 24, 350 puts at 1.06
Short Puts
Since I got a lot of cash back from Covered Call Assignments, I’m putting it back to work for a week.
Sold 1 WBD Nov 10 2023 10 Put at $0.08. Stock at 11.52
Sold 1 DVN Nov 10 2023 42.5 Put at $0.13. Stock at 47.05
Sold 1 TPR Nov 10 2023 24.5 Put at $0.15. Stock at 27.65
Sold 1 EBAY Nov 10 2023 36 Put at $0.18. Stock at 40.22
Sold 1 MOS Nov 10 2023 31 Put at $0.30. Sock at 33.01
CVS Covered Call
Sold 1 CVS Nov 24 2023 73 Covered Call at $0.51.
Already short 73 Calls for this week and next.
#CoveredCalls
AAPL DG Calls
Sold 1 AAPL Nov 10 2023 187.5/182.5 Bear Call Spread at $0.22 Credit
Sold 1 DG Nov 10 2023 129/124 Bear Call Spread at $0.45 Credit
#OnlySpreads
GNRC Puts
Sold 1 GNRC Nov 10 2023 93/98 Bull Put Spread Put at $0.35 Credit.
Offset against some short call spreads I had to roll out Friday.
#OnlySpreads
AAPL EXPE QCOM PENN Calls
Sold 1 AAPL Nov 10 2023 182.5 Call at $0.42
Sold 1 EXPE Nov 10 2023 115 Call at $1.29
Sold 1 EXPE Nov 10 2023 113 Call at $2.19
Sold 1 QCOM Nov 10 2023 123 Call at $0.44
Sold 1 QCOM Nov 10 2023 122 Call at $0.82.
Sold PENN Nov 10 2023 24 Calls at $0.17
All these sales against leftover long calls from last week’s spreads
#OnlySpreads
SPY Diagonal Spread and a new Condor
Bought 1 SPY Nov 08 2023 443 Call at $0.15
Sold 1 SPY Nov 06 2023 438 Call at $0.33 for a Credit of $0.18. Short side is 0dte
Sold 1 SPY Nov 07 2023 443/438/426/421 Iron Condor at $0.66 Credit
1dte
#OnlySpreads
ZION COF Calls Rolled
Rolled the long part of my spreads up and out
Sold to close 1 ZION Nov 10 2023 34.5 Call at $0.73
Bought to Open 1 ZION Nov 17 2023 36.5 Call at $0.28 for a Credit of $0.45
Sold to close 1 ZION Nov 10 2023 33.5 Call at $1.54
Bought to Open 1 ZION Nov 17 2023 36.5 Call at $0.42 for a Credit of $1.12
Sold to close COF Nov 10 2023 108 Calls at $0.75
Bought to Open COF Nov 17 2023 115 Calls at $0.12 for a Credit of $0.63
#OnlySpreads
SPX trades 11/6
#SPX1dte Sold to Open $SPX Nov 6th 4295/4315-4405/4425 condors for .85, deltas -.06 +.06, IV 20.9%
OptionsExpiration
Covered Call Assignments:
AAP at $54.00 vs recent put assignment at $52.00
GM at $28.50 vs recent put assignment at $27.50
PARA at $12.50 vs recent put assignment at $12.00
ZION at $31.50 vs recent put assignment at $30.00
PENN at $19.50 vs recent put assignment at $18.50
Economic Calendar 11/6 – 11/10
SNOW
#ShortPuts – Surprised this filled. I’ll look to re-load on any weakness prior to earnings.
Bought to Close SNOW Nov 17 2023 145.0 Put @ 3.05 (sold for 3.05)
TLT
#ShortPuts – Adding to the bottom of a big Dec ladder. Maybe distract Mr. Market to keep him away from my short calls. 🙂 🙂
Sold TLT Dec 15 2023 88.0 Put @ 2.27
Sold TLT Dec 15 2023 89.0 Put @ 2.80
Sold TLT Dec 15 2023 90.0 Put @ 3.40
SPX
Bought to Close 4240/4250/4250/4260 Iron Fly @ 8.25 (sold for 5.60)
1.30 loss for the week on 3 attempts. Not bad considering 2.5 of the attempts were on the short call side into about a 4 or 5 std dev move to the upside. LOL
SPX SPY TLT TSLA
#CoveredCalls #SyntheticCoveredCalls #ShortPuts
SPX: 0 DTE not working today. Incredible up move this week.
Sold 4240/4250/4350/4360 Iron Condor @ 2.10 yesterday.
Call side getting run over so added 4350/4340 Put Spread @ 3.50 to make an Iron Fly
Probably heading for 4.40 loss
SPY: Out of all short puts now and rolling a covered call.
Bought to Close SPY Nov 17 2023 425.0 Put @ 1.78 (sold for 3.45)
Bought to Close SPY Dec 08 2023 420.0 Put @ 2.80 (sold for 3.55)
Rolled SPY Nov 03 2023 406.0 Call to Dec 15 2023 411.0 Call @ .45 debit (6.80 total now)
TLT: Booking gains on more short puts and rolling covered calls.
Bought to Close TLT Nov 17 2023 85.0 Put @ .33 (sold for 3.05)
Bought to Close TLT Nov 17 2023 88.0 Puts @ 1.19 (sold for 2.90)
Rolled TLT Nov 17 2023 88.0 Calls to Dec 15 2023 90.0 Calls @ .08 debit (.23 total now)
Rolled TLT Nov 17 2023 88.5 Calls to Dec 15 2023 91.0 Calls @ .17 debit (.15 total now)
TSLA: Rolling synthetic covered.
Rolled TSLA Nov 03 2023 190.0 Call to Dec 15 2023 195.0 Call @ .25 credit (28.30 total now)
SPX same day
#SPX1dte Sold to Open $SPX Nov 3rd 4290/4310-4390/4410 condors for 1.00, deltas -.08 +.05, IV 23.2%
Watching on tight leash as I’m at end of wining week.
October Jobs Report
#Jobs — A bit less than expected and a big drop from September.
Gain of +150,000 non-farm payroll jobs, vs. expected gain of 170K
Unemployment up 0.1 to 3.9%, vs expected unchanged
U6 unemployment 7.2%, up by 0.2
Labor force participation at 62.7%, down by 0.1
Average hourly earnings up by 0.2%; 4.1% increase over the year
September jobs revised down by -39K to +297K
August jobs revised down by -62K to +165K
AAPL EOG
Bought 1 AAPL Nov 10 2023 192.5 Call/ Sold 1 AAPL Nov 03 2023 185 Call at $0.25 Credit
Sold 1 AAPL Nov 03 2023 160/165 Bull Put Spread at $0.17 Credit
Sold 1 EOG Nov 03 2023 139/134 Bear Call spread at $0.35 Credit
#Earnings #OnlySpreads
SPY Puts
Since I will be rolling most of today’s SPY Calls out day by day, I’m putting some puts out there to make some of the time premium back.
Sold 1 SPY Nov 07 2023 422 Put at $0.64
Sold 1 SPY Nov 06 2023 422 Put at $0.43
#OnlySpreads
DG MMM TGT Covered Calls rolled out
Rolled this week’s DG 115 Calls to next week’s DG 116 Covered Calls at $0.52 Credit
Rolled this week’s MMM 94 Call to next week’s MMM 95 Covered Call at $0.17 Credit
Rolled this week’s TGT 117 Call to next week’s TGT 117 Covered Call at $0.20 Credit
#CoveredCalls
#spx7dte #onlyspreads Sto SPY 7…
#spy7dte
#onlyspreads
Sto SPY 7 NOV 2023 438/442 CALL @.15
———-
#coveredcalls
Sto SOXL 10 NOV 2023 18.5 CALL @.26
COF AAPL Diagonal Calls
Bought 1 COF Nov 10 2023 108 Call / Sold 1 COF Nov 03 2023 103 Call at $0.70 Credit
Bought 1 COF Nov 10 2023 109 Call / Sold 1 COF Nov 03 2023 104 Call at $0.50 Credit
Bought 1 AAPL Nov 10 2023 190 Call / Sold 1 AAPL Nov 03 2023 185 Call at $0.24 Credit
The short sides are 1dte
#OnlySpreads
SPY
#ShortPuts – Taking a lot off on the bounce and the VIX collapse.
Bought to Close SPY Nov 10 2023 420.0 Put @ 1.37 (sold for 3.20)
Bought to Close SPY Nov 24 2023 415.0 Put @ 2.07 (sold for 3.32)
Bought to Close SPY Dec 01 2023 400.0 Put @ 1.10 (sold for 3.15)
Bought to Close SPY Dec 15 2023 390.0 Put @ 1.37 (sold for 3.80)
Bought to Close SPY Dec 29 2023 375.0 Put @ 1.09 (sold for 3.25)
Bought to Close SPY Dec 29 2023 380.0 Put @ 1.32 (sold for 3.25)
Bought to Close SPY Dec 29 2023 385.0 Put @ 1.60 (sold for 3.52)
AAPL CAH EOG EXPE Spreads – 1dte
Sold 1 AAPL 187.5/182.5 Bear Call Spread at $.039 Credit
Sold 1 AAPL 190/185 Bear Call Spread at $.032 Credit
Sold 1 CAH 81/86 Bull Put Spread at $0.35 Credit
Sold 1 EOG 137/132 Bear Call Spread at $0.35 Credit
Sold 1 EXPE 113/108 Bear Call Spread at $0.35 Credit
#Earnings #OnlySpreads
SPY Diagonal Calls
Bought SPY Nov 03 2023 434 Calls / Sold SPY Nov 02 2023 429 Calls at $0.44 Credit
The short is 0dte
#OnlySpreads
OGN Stock
Bought a tiny bit of OGN at $14.00 (pre-market). Div = 7.65%
#SP500 #FallingKnife
MELI rollup
Post earnings, stock at 1370, rolled Dec 15 1000 put up to 1170 put (12 delta) @ 11.45 credit. With rolls, total premium taken in now 33.66.
SPX trades 11/2
#SPX1dte Just before close yesterday I did a bullish #RiskReversal, since reaction to Fed decision was positve.
Sold to Open $SPX Nov 2nd 4175/4155 put spreads
Bought to Open Nov 2nd 4300/4320 call spreads
Net CREDIT +0.25
This morning the call spread is doing well, and I’ll wait until after open to see if we can kick higher. I will also probably roll up the put spread.
SPY Expiration
1 SPY 426/423 Bear Call Spread
1 SPY 427/424 Bear Call Spread
1 SPY 404/409 Bull Put Spread
1 SPY 406/415 Bull Put Spread
My SPY 421 Call went ITM so Covered it and replaced it with 1 SPY Nov 2 2023 427/422 Bear Call spread at $0.07 Credit
My SPY 422 Call went ITM so Covered it and replaced it with 1 SPY Nov 2 2023 429/424 Bear Call spread at $0.03 Credit
ember 15, 380 puts at…
STO, December 15, 380 puts at 1.11 on the SPY
SPX
#0DTE – First time for real. What better day to jump in LOL. Just one spread each. Selling bounces staying above the 200 day for protection.
Pre FOMC:
STO 4250/4255 @ 1.20
BTC 4250/4255 @ .90
Post FOMC:
STO 4250/4260 @ 1.30
BTC 4250/4260 @ .50
ABNB Condor and VFC Puts
Sold 1 ABNB Nov 03 2023 138/133 Bear Call Spread at $0.35 Credit
Sold 1 ABNB Nov 03 2023 96/101 Bull Put Spread at $0.30 Credit
Sold 1 VFC Nov 03 2023 12/13 Diagonal Bull Put Spread at $0.14 Credit
#Earnings #OnlySpreads
GRNC PENN ALB Spreads and QCOM Condor
Sold 1 GNRC Nov 03 2023 107/102 Bear Call Spread at $0.38 Credit
Sold PENN Nov 03 2023 25/23 Bear Call Spreads at $0.13 and $0.14 Credit
Sold 1 ALB Nov 03 2023 105/110 Bull Put Spread at $0.38 Credit
Sold 1 ALB Nov 03 2023 103/108 Bull Put Spread at $0.50 Credit
QCOM Nov 03 2023 124/119 Bear Call Spread at $0.35 Credit
QCOM Nov 03 2023 94/99 Bull Put Spread at $0.33 Credit
SPY Iron Condor 1dte
Sold 1 SPY Nov 02 2023 429/424/407/402 Iron Condor at $0.55 Credit
#OnlySpreads
Rolling MELI before earnings
With the stock at 1243, rolled short $MELI Nov 1050 put down and out to Dec 15 1000 put (9 delta) @ 3.71 credit, giving tonight’s earnings a wide berth. Total premium taken in on this position is now 22.21.
SPY 0dte
Sold 1 SPY Nov 01 2023 424 Call at $0.28.
Sold 1 SPY Nov 01 2023 415 Put at $0.19
#OnlySpreads
TLT
#CoveredCalls #SyntheticCoveredCalls – Selling half size.
Sold TLT Nov 17 2023 88.5 Calls @ .33
SPY Expiration
1 SPY Oct 31 2023 423/419 Bear Call Spread
1 SPY Oct 31 2023 395/404 Bull Put Spread
1 SPY Oct 31 2023 395/414 Bull Put Spread
#OnlySpreads
SPY Call Rolled
Bought to close 1 SPY Oct 31 2023 418 Call at $0.47 as it went ITM at the EOD
Replaced it with 1 SPY Nov 01 2023 426/421 Bear Call Spread at $0.74 Credit
VXX Diagonal Call and Puts
Bought 1 VXX 11/10/2023 33.00 Call/Sold 1 VXX 11/03/2023 27.00 Call at $0.10 Credit
Bought 1 VXX 11/10/2023 20.00 Put/Sold 1 VXX 11/03/2023 23.00 Put at $0.33 Credit
Also:
Sold 1 VXX 11/10/2023 21.5/22.5 Bull Put Spread at $0.17 Credit
NOC
#SyntheticShortStock – Rolling down a little. Sold against a Jan 2026 position.
Rolled NOC NOV 10 2023 487.5 Put to NOV 24 2023 485.0 Put @ even (14.90 total now)
TLT
#CoveredCalls #SyntheticCoveredCalls – Going to stay out of the way of the Fed meeting. Maybe re-load during the fluctuations during the JP show.
Bought to Close TLT Nov 03 2023 87.0 Calls @ .15 (sold for .24 and .25)
Bought to Close TLT Nov 03 2023 88.0 Calls @ .08 (sold for .26 and .31)
SPY Iron Condor 1dte
Sold 1 SPY Nov 01 2023 427/422/409/404 Iron Condor at $0.54 Credit
#OnlySpreads
SPY AAP UVXY GM ZION CVS VFC ALB
Sold 1 SPY Oct 31 2023 419 Call at $0.11. 0dte
Sold 1 SPY Oct 31 2023 414 Put at $0.12 0dte
Sold 1 AAP Oct 31 2023 55 Call at $0.23
Sold UVXY Nov 03 2023 24 Calls at $0.12
Sold 1 GM Nov 03 2023 28.5 Call at $0.21
Sold 1 GM Nov 03 2023 29 Call at $0.13
Sold 1 ZION Nov 03 2023 32 Call at $0.19
Sold 1 CVS Nov 03 2023 74 Call at $0.29
Sold Nov 03 2023 73 Calls at $0.45, $0.47 and $0.49
Sold 1 VFC Nov 03 2023 14.5 Put at $0.15
Sold 1 ALB Nov 03 2023 107/112 Bull Put Spread at $0.37 Credit
#OnlySpreads
SPX trades 10/31
#SPX1dte Sold to Open $SPX 4125/4105 put spreads for .70, delta -.08 IV 25.1%
Stocks
Bought tiny bits of these today below prior lows:
LEG at $23.00 (after hours trade). Div = 7.94%
VFC at $15.00 (after hours trade). Div = 7.1%
WU at $11.00. Div = 8.27%
PEAK at $16.00. Div = 7.30%
#SP500 #FallingKnife
SPY Expiration
1 SPY Oct 30 2023 417 Call and 1 SPY Oct 30 2023 410 Put sold today
1 SPY Oct 30 2023 402/407 Bull Put Spread that I rolled to on Friday
#OnlySpreads
SPY Diagonal Condor
Bought 1 SPY Oct 31 2023 423 Call and Bought 1 SPY Oct 31 2023 395 Put
Sold 1 SPY Oct 30 2023 417 Call and 1 SPY Oct 30 2023 410 Put for a total Condor Credit of $0.32.
The short side is ZeroDTE
#OnlySpreads
CVS Covered Call Ladder
Sold 1 CVS 11/03/2023 73.00 Covered Call at $0.29
Sold 1 CVS 11/10/2023 73.00 Covered Call at $0.43
Sold 1 CVS 11/10/2023 73.00 Covered Call at $0.59
Replacing calls that expired Friday
#CoveredCalls
SPY
#ShortPuts – On the opening bounce, rolled the top of the ladder out and down.
Rolled SPY Nov 03 2023 425.0 Put to Dec 08 2023 420.0 Put @ .35 credit (3.55 total now)
TSLA
#SyntheticStock – Sold against Jan 2026 synthetic. Rolling down for a little more premium.
Rolled TSLA Nov 03 2023 202.5 Call to Nov 03 2023 195.0 Call @ 5.00 credit (25.05 toal now)
GOOGL PYPL MRNA COF
Sold 1 GOOGL Nov 03 2023 135/130 Bear Call Spread at $0.12 Credit
Sold 1 PYPL Nov 03 2023 62/57 Bear Call Spread at $0.42 Credit
Sold 1 MRNA Nov 03 2023 90/85 Bear Call Spread at $0.32 Credit
Sold 1 COF Nov 03 2023 107/102 Bear Call Spread at $0.70 Credit
Sold 1 PENN Nov 03 2023 25/21 Bear Call Spread at $0.33 Credit
Sold 1 PENN Nov 03 2023 25/22 Bear Call Spread at $0.24 Credit
#OnlySpreads
SPY 1dte
Sold 1 SPY Oct 31 2023 423/418 Bear Call Spread at $0.57 Credit
#OnlySpreads
Covered Calls
On the open
Sold 1 PARA Nov 03 2023 12.5 Call at $0.11
Sold 1 TSN Nov 03 2023 47.5 Call at $0.15
Sold 1 ZION Nov 03 2023 31.5 Call at $0.20
Sold 1 GM Nov 03 2023 28.5 Call at $0.23
Sold 1 AAP Nov 03 2023 54 Call at $0.25
Sold 1 PENN Nov 03 2023 19.5 Call at $0.68
SPX stopped
#SPX1dte BTC call side for 2.35. My error was not legging in. With pre-market up I should have only sold puts and waited for open to sell calls. This is the current reality in volatile markets. For same day trades, if pre-market is trending sell only in opposite direction and wait for open spike up or down.
SPX 1-dte
#SPX1dte Sold to Open $SPX Oct 30th 4060/4080-4185/4205 condors for 1.45, deltas -.07 +.07, IV 28.8%
Economic Calendar 10/30 – 11/3
FOMC decision on Wednesday and Jobs Report on Friday
OptionsExpiration
Most of my #Earnings spreads expired or the short side was covered at minimum prices.
Best week in a long, long time
Those that expired:
AMZN Puts
CMG Puts and Calls
DLR Calls
ENPH Calls
GOOGL Puts and Calls
IBM Puts and Calls
INTC Puts
META Puts
MSFT Calls
TNA Calls
TQQQ Calls
WM Puts and Calls
Assignments:
1 GM 27.5 Put
1 PENN 18.5 Put
I’ll start writing Calls next week
O.T.,
Anyone know where the T2108 is today?
SPY
#CoveredCalls – Looking like it wants to take a sniff of 400. Keeping the short call in the money (rally incoming now!)
Rolled SPY OCT 30 2023 412.0 Call to OCT 30 2023 405.0 Call @ 4.50 credit (7.00 total now)
NOC SPY TLT TSLA
#CoveredCalls #SyntheticCoveredCalls #SyntheticShortStock
NOC: Selling against synthetic short stock.
Rolled NOC OCT 27 2023 490.0 Put to NOV 10 2023 487.5 Put @ .40 credit (14.90 total now)
SPY: Covered.
Bought to Close SPY OCT 27 2023 416.0 Call @ .10 (sold for 8.30)
Sold SPY OCT 30 2023 412.0 Call @ 2.51
TLT: Eeked out a small winner this week. Covered and synthetic covered.
Bought to Close TLT OCT 27 2023 85.5 Calls @ .02 (sold for .11)
Sold TLT NOV 03 2023 87.0 Calls @ .24 and .25
TSLA: Selling against synthetic stock.
Rolled TSLA OCT 27 2023 200.0 Call to NOV 03 2023 202.5 Call @ .75 credit (20.05 total now)
UVXY Covered Calls Rolled; New spreads sold
Bought t0 close UVXY Oct 27 2023 20 Covered Calls at $0.02
Sold UVXY Nov 03 2023 25.0 Covered Calls at $0.27
#CoveredCalls
Also:
Sold 1 UVXY Nov 03 2023 28/24.5 Bear Call Spread at $0.26 Credit
Sold 1 UVXY Nov 10 2023 29/24 Bear Call Spread at $0.56 Credit
Sold 1 UVXY Nov 10 2023 28/23 Bear Call Spread at $0.63 Credit
#OnlySpreads
DG Calls closed and rolled
Bought to close 1 DG 10/27/2023 123.0 Call at $0.05. Sold at $0.94
Rolled 1 DG 10/27/2023 119.0 Call to 1 DG 11/03/2022 123.0 Call at $0.07 Credit
Rolled 1 DG 10/27/2023 120.0 Call to 1 DG 11/03/2022 124.0 Call at $0.42 Credit
Rolled 1 DG 10/27/2023 121.0 Call to 1 DG 11/03/2022 125.0 Call at $0.57 Credit
Stocks
Bought a tiny bit of all these below previous lows:
WHR at $102.00 Div = 6.62%
OGN at $15.00 Div = 7.32%
MS at $71.00 Div = 4.72%
UDR at $32.00 Div = 5.00%
#SP500 #FallingKnife
SPX trades 10/27
#SPX1dte Sold to Open $SPX Oct 27th 4065/4085-4210/4230 condors for 1.15, deltas -.05 +.06, IV 31%
CMG Puts
Late fill
Bought 1 CMG Oct 27 2023 1,550 Put / Sold 1 CMG Oct 27 2023 1,560 Put at $0.32 Credit
SPY Condor
The call side expired.
The Put side was just in the money so bought back the today’s 413 Put and sold tomorrow’s 405/410 Bull Put spread for a $0.06 Credit
ENPH DLR
Sold 1 ENPH Oct 27 2023 121/116 Bear Call Spread at $0.33 Credit
Sold 1 DLR Oct 27 2023 133/128 Bear Call Spread at $0.40 Credit
