#spx1dte
Closed the put side of today’s 3910/3930 trade at .30. STO at 1.00. Expect the call side to expire
$SPX STO 1/19 3840/3860 – 4010/3990 at $1.00
Recent Updates Page 87
SPY
#CoveredCalls #ShortCalls – Nice day for some call rolling.
Rolled SPY JAN 20 2023 386.0 Calls to FEB 3 2023 390.0 Calls @ .25 debit (5.15 total now)
Rolled SPY JAN 20 2023 388.0 Calls to FEB 3 2023 392.0 Calls @ .25 credit (5.90 total now)
Rolled SPY JAN 20 2023 382.0 Calls to FEB 10 2023 386.0 Calls @ .15 debit (7.15 total now)
Rolled SPY JAN 20 2023 382.0 Calls to FEB 10 2023 386.0 Calls @ .15 debit (5.70 total now)
VXX Calls
Sold VXX Jan 20 2023 12.5 Calls at $0.18 and $0.25.
Would be happy if I’m forced to roll these
#OnlySpreads
AMZN
#SyntheticCoveredCalls – Slight pullback to get some rolls done.
AMZN: Synthetic Covered.
Rolled AMZN JAN 20 2023 88.0 Calls to FEB 3 2023 90.0 Calls @ .30 credit (1.25 total now)
Rolled AMZN JAN 20 2023 89.0 Calls to FEB 3 2023 92.0 Calls @ .10 debit (1.10 total now)
Getting a short put back into the mix.
Rolled 1 AMZN FEB 17 2023 105.0 Put to 2 FEB 3 2023 98.0 Puts @ .45 credit (2.40 total now)
SPY,
STO March 17, 350 puts at 2.01
LABU SOXL
Sold LABU Jan 20 2023 8.5 Calls at $0.30 and $0.32
Sold 1 SOXL Jan 20 2023 13.0 Call at $0.68
#OnlySpreads
ALB Put Close
#shortputs
$ALB BTC 1/20 240 put at 1.10. STO at 8.13
SPY,
STO March 3, 355 put at 1.05
SPX 1 DTE / AMZN UPST GDXY OXY Put / BX PLL Call / BAC Call Close
Catching up. Out all day.
#spx1dte
$SPX STO 1/18 3930/3910 – 4065/4085 at 1.25
#shortputs
$AMZN STO 1/20 94 put at .60
$UPST STO 1/20 35.5 put at .19
$GDXY STO 1/20 37.5 put at .13
$OXY STO 1/20 62.5 put at .21
#syntheticcoveredcalls #coveredcalls
$BX STO 1/20 90 call at .20
$PLL STO 2/17 65 call at 2.96
$BAC BTC 1/20 34 call at .60. STO at 1.18
DOV Stock
Sold my tiny position in DOV at $145.01 (a 6-month high)
Bought on 04/27/2022 at $138.50.
#FormerFallingKnife #RaisingCash
BA,
BTC February 17, 140 puts at .05, sold at 1.20 so taking it off early
SMH,
STO March 3, 200 put at 2.10
TNA
Rolling up the long side:
Sold to Close 1 TNA Jan 20 2023 39.0 Call at $1.02. Bought at $0.24
Bought to open 1 TNA Feb 03 2023 46.0 Call at $0.26
Sold to open 1 TNA Jan 20 2023 40.0 at $0.66 to write against the new long
#OnlySpreads
SPXL,
BTO January 27, 71/75 bull call spread at 1.40 for a small trade
UVXY VXX
Getting these out of the way as early as possible in a short trading week.
Sold VXX Jan 20 2023 13.5 Covered Calls at $0.07
Sold VXX Jan 20 2023 13.0 Covered Calls at $0.12
Sold UVXY Jan 20 2023 6.0 Covered Calls at $0.09
Sold UVXY Jan 20 2023 5.5 Covered Calls at $0.20
O.T.
Where can I see a list of economic indicators that are coming out this week or this month?
LABU Put / Roll MO put / Roll XBI Call / AMZN Call Close / TSLA BECS Close / Expiration / Called Away
#shortputs
$LABU STO 1/20 8 put at .46
$MO BTC 1/13 46.5 put and STO 1/20 46.5 put at .04 added credit. Was part of strangle. Call side expired
#coveredcalls #syntheticcoveredcalls
$XBI BTC 1/13 86 call and STO 1/20 88 call at added credit of .10 and $2 more if called away
$AMZN BTC 1/13 88 call at 10.10. Sold it for .61. Not a good week for this.
#becs
$TSLA BTC 1/13 125/120 BECS at .65. STO at .86
#optionsexpiration
$TSLA 95/100 BUPS
$SPX 3890/3910 – 4070/4050 1 DTE Sold at 1.10
$AA 43 put
$IBM 138 put
$PFE 46.5 put
$MO 47 call
$BX 88 call
$SQ 77 call
#assignment
$GNRC 101 call
$AMZN 90 call
NVDA
#ShortPuts #CoveredCalls – A few adjustments. Closing short puts and exchanging a short naked call for short puts. Most short calls are covered now. This is all prior to earnings.
Bought to Close NVDA JAN 20 2023 160.0 Put @ 1.05 (sold for 15.75)
Bought to Close NVDA JAN 20 2023 160.0 Puts @ 1.07 (sold for 4.20)
Rolled 1 NVDA JAN 20 2023 150.0 Call to 2 NVDA FEB 3 2023 172.5 Puts @ .70 credit (3.00 total now)
NKE JPM SBUX CARR Stock
Tiny Trades:
Sold my oldest and highest lot of NKE at $128.63. (a 6-month high)
Bought on 03/14/2022 at $120.00 and still long lots at $107.77 and $102.75.
Sold my oldest and highest lot of JPM at $143.35. (a 6-month high)
Bought on 03/01/2022 at $139.57 and still long lots at $134.00, $129.00, $119.00 and $106.13.
Sold my next lot of SBUX at $107.01. Got the high of the year
Bought on 04/22/2022 at $78.00. Still have one lot left at $74.00
Sold all of my CARR at $45.89. Bought at $40.00 and $36.32
AMZN SPY XBI
#CoveredCalls #SyntheticStock #SyntheticCoveredCalls #ShortPuts – A few.
AMZN: Got all these done within the first two and a half minutes this morning. Felt like a bounce was coming. Rolled synthetic covered and added to synthetic. Earnings around Feb 2nd.
Rolled AMZN JAN 13 2023 89.0 Calls to JAN 27 2023 91.0 Calls @ .35 debit (.60 total now)
Rolled AMZN JAN 13 2023 90.0 Calls to JAN 27 2023 92.0 Calls @ .05 debit (.70 total now)
Rolled AMZN JAN 13 2023 86.0 Calls to FEB 3 2023 89.0 Calls @ .10 debit (.90 now)
Bought AMZN JAN 17 2025 105.0/105.0/45.0 Synthetic Stock with Disaster Put @ even
SPY: With large XBI stock position going away I can add to SPY.
Sold SPY JAN 20 2023 395.0 Put @ 3.50
Sold SPY JAN 27 2023 392.5 Put @ 3.70
Sold SPY FEB 3 2023 390.0 Put @ 3.30
XBI: Last big block of XBI stock getting called away. Traded this thing heavily for over 13 months. Trimming back now to synthetic only (hoping to add on pullbacks) and moving the buying power to SPY. Thanks ‘ol buddy for being the top performer of 2022!
Selling XBI Stock @ 82.00 (basis 79.85 and many many more covered calls sold along the way)
Bought XBI JAN 17 2025 90.0/90.0/40.0 Synthetic Stock with Disaster Put @ 5.50 and 4.30 debit
Sold XBI JAN 20 2023 90.0 Calls @ .95
Sold XBI JAN 27 2023 90.0 Calls @ 1.03
SPY LABU
Bought to close 1 SPY Jan 13 2023 382.0 Put at $0.01
Sold on Wednesday at $0.99
#DailyLadder
Sold to close 1 LABU Jan 13 2023 8.5 Calls at $0.10, $0.11 and $0.12 and all the rest at $0.17
Bought on 12/29 at $0.08.
These would have expired today
VXX UVXY
Sold UVXY Jan 20 2023 6.5 Covered Calls at $0.07
Sold 1 VXX Jan 20 2023 13.0 Covered Call at $0.17
Sold to Close 1 UVXY Jan 20 2023 6.0 Put at $0.57 and again at $0.65. Finally, sold the rest at $0.63 and $0.64.
Bought at $0.10 on 10/26. #UVXYContango
Sold to Close 1 VXX Jan 20 2023 13.0 Put at $0.88 and again at $1.03, and finally all the rest at $1.09
Bought at $0.17 on 10/26. #VXXContango
Sold to Close 1 VXX Jan 20 2023 12.0 Put at $0.17 and again at $0.22.
Bought at $0.10 on 11/01. #VXXContango
SOXL SPY XBI
#ShortPuts #ShortCalls #CoveredCalls #SyntheticCoveredCalls
SOXL:
Bought to Close SOXL JAN 13 2023 11.0 Puts @ .01 (sold for .85)
SPY: Managed a few rolls during the dip in the first ten minutes.
Rolled SPY JAN 13 2023 384.0 Calls to JAN 20 2023 386.0 Calls @ .40 debit (5.45 total now)
Rolled SPY JAN 13 2023 386.0 Calls to JAN 20 2023 388.0 Calls @ .06 credit (5.65 total now)
Rolled SPY JAN 13 2023 389.0 Calls to JAN 20 2023 391.0 Calls @ .12 credit (6.55 total now)
Rolled SPY JAN 13 2023 389.0 Call to JAN 20 2023 391.0 Call @ .16 credit (6.50 total now)
Rolled SPY JAN 13 2023 383.0 Call to JAN 27 2023 385.0 Call @ .30 credit (3.25 total now)
Rolled SPY JAN 13 2023 383.0 Calls to JAN 27 2023 386.0 Calls @ .50 debit (2.00 total now)
XBI: Breaking out. Sold a little early against synthetic stock.
Sold XBI JAN 20 2023 87.0 Calls @ .75
SPY OptionsExpiration
1 SPY Jan 12 2023 380.0 Put. Sold yesterday at $0.44
#DailyLadder
SPX 1 DTE
#spx1dte
$SPX STO 1/13 3910/3890 – 4050/4070 at 1.10
LABU UVXY VXX
Sold to CLOSE LABU Jan 13 2023 8.0 Calls at $0.18. Bought at $0.16 on 12/29.
Sold to CLOSE 1 VXX Jan 20 2023 13.0 Put at $0.76. Bought at $0.17 on 10/26. #VXXContango
Sold to CLOSE 1 UVXY Jan 20 2023 6.0 Put at $0.47. Bought at $0.10 on 10/26. #UVXYContango
Stocks
Sold my oldest and highest lot of WELL at $72.20, at a 3-month High
Bought on 09/21/2022 at $68.99.
One other lot still long at $60.00.
Also:
Sold T at $19.51. Bought last fall at $16.00 and $14.72
Sold IVZ at $19.93. Bought at $15.24
Sold SPG at $122.00. Bought at $93.00
Sold more at $126.01. Bought at $90.76.
Sold DD at $75.01. Bought at $51.50
Sold LYB at $93.70 . Bought at $75.81.
Still long another lot at $72.00
SPX stopped
#SPX1dte BTC $SPX Jan 11th 3970 call for .30. Condors sold yesterday for 1.30.
No trade for tomorrow due to CPI report. May try to sell something after the release in the morning.
LABU TNA Calls
Sold LABU Jan 13 2023 7.5 Calls at $0.25, $0.26 and $0.27
Sold TNA Jan 13 2023 39.0 Calls at $0.25 and $0.26
TSLA Close BUPS / SQ XBI Call
#bups
$TSLA BTC 1/20 70/95 BUPS at .25. STO at 2.00 on 12/29
#coveredcalls
$SQ STO 1/13 77 call at .43
$XBI STO 1/13 86 call at .58
NEM CCI Stock
Sold my oldest and highest lot of NEM at $53.43. 3-month High
Bought on 07/20/2022 at $52.42.
Other lots still long at $47.17, $42.45 and $38.20
Sold my oldest and highest lot of CCI at $151.80. 3-month High
Bought on 10/07/2022 at $135.00.
One other lot still long at $122.90
/ES
#Futures – Stopped out on my hedge. Not really needed anymore with a lot of ITM short calls helping with any downside. These trade at $50 dollars per point.
Sold /ES MAR 23 3500/3300 Bear Put Spreads @ 18.75 and 15.00 (bought for 29.00)
XBI
#SyntheticCoveredCalls – No harm no foul on these. Taking small gains prior to CPI tomorrow. XBI in a massive squeeze and might run on a market rally tomorrow. Slow week with everything sitting in this Friday and next Friday expirations.
Bought to Close XBI JAN 13 2023 83.5 Calls @ 1.55 (sold for 2.00)
Bought to Close XBI JAN 13 2023 85.0 Calls @ .89 (sold for 1.00)
KOLD
Rolled my KOLD Jan 27.0 Covered Calls to KOLD Feb 30.0 Covered Calls at $0.55 Credit.
The strike is finally above my average cost basis.
SPY
Extending my SPY #DailyLadder .
Premiums for today are very small. Not so on Thursday and Friday.
Sold 1 SPY Jan 12 2023 380.0 Put at $0.44
Sold 1 SPY Jan 13 2023 382.0 Put at $0.99
PFE Call Close / PFE Call / SPX Expire
#coveredcalls
$PFE BTC 1/20 51.5 call at .05. Sold for .68 on 1/6
$PFE STO 1/13 47.50 call at .40
#spx1dt #optionsexpiratione
$SPX Expire 1/10 3810/3790 – 3965/3985. Sold at $1.05. No fill for tomorrow
SPY OptionsExpiration
Sold the short side yesterday
The long put was bought on 12/28/22 and written against multiple times
1 SPY 350/386 Bull Put Spread
1 SPY 385.0 Diagonal Put
#DailyLadder
SPX 1-dte
#SPX1dte Sold to Open $SPX Jan 11th 3840/3860-3970/3990 condors for 1.30.
Today’s condor expired.
PFE Put
#shortputs
$PFE STO 1/13 47.50 put at .40
LABU SOXL TNA UVXY VXX
Sold 1 LABU Jan 13 2023 7.5 Call at $0.19 and again at $0.20. Sold against long LABU 8.0 Calls
Sold to close SOXL Jan 13 2023 13.5 Calls at $0.11. Bought at $0.06 on 12/29
Sold to close SOXL Jan 13 2023 13.0 Call at $0.21. Bought a $0.10 on 12/29
Sold 1 TNA Jan 13 2023 36.5 Call at $0.34 and $0.49. Sold against long TNA 39.0 Calls
Sold 1 TNA Jan 13 2023 37.0 Call at $0.40. Sold against long TNA 39.0 Call
One more write against long Jan 20 6.0 Puts
Sold UVXY Jan 13 2023 6.0 Puts. Started at $0.08 and finished at $0.18. #UVXYContango
One more write against long Jan 20 13.0 Puts
Sold VXX Jan 13 2023 13.0 Puts. Started selling at $0.17 and finished at $0.31 #VXXContango
BX Call / PFE Call Close / SPX 1 DTE
#coveredcalls #syntheticcoveredcalls
$BX STO 1/13 87 call at .25
$BX STO 1/13 88 call at .16
$PFE BTC 1/13 53 call at .04. STO at .36 on 1/6. Hope I can double dip.
#spx1dte
$SPX STO 3810/3790 – 3965/3985 at $1.05
SPX 1-dte
#SPX1dte Sold to Open $SPX Jan 10th 3805/3825-3970/3990 condors for 1.40, SPX at 3892, deltas -.07 +.05
LABU SOXL TNA UVXY VXX
Tiny trades
Sold 1 LABU Jan 13 2023 7.5 Call at $0.21 and again at $0.22
Sold 1 SOXL Jan 13 2023 13.5 Call at $0.25
Sold 1 TNA Jan 13 2023 36.5 Call at $0.63
Sold 1 SPY Jan 10 2023 385.0 Put at $0.27 #DailyLadder
Sold 1 SPY Jan 10 2023 386.0 Put at $0.36 #DailyLadder
Sold 1 VXX Jan 13 2023 13.0 Put at $0.18, $0.19 and $0.20 #VXXContango
Sold 1 VXX Jan 13 2023 13.5 Covered Call at $.25, $0.27, $0.29, $0.30 and $0.31
Sold VXX Jan 13 2023 14.0 Covered Calls at $.16 and $0.17
Sold VXX Jan 13 2023 14.5 Covered Calls at $.10
IDXX Stock
Sold the last of my tiny position in IDXX at $451.02.
Bought last April at $450.00.
#GMEGMO #RaisingCash
SPY
#CoveredCalls – A lot of rolls but still picking up more upside.
Rolled SPY JAN 6 2023 380.0 Call to JAN 13 2023 383.0 Call @ .10 debit (2.95 total now)
Rolled SPY JAN 6 2023 380.0 Calls to JAN 13 2023 383.0 Calls @ .10 debit (2.50 total now)
Rolled SPY JAN 6 2023 381.0 Calls to JAN 13 2023 384.0 Calls @ .20 credit (5.85 total now)
Rolled SPY JAN 6 2023 382.0 Calls to JAN 13 2023 386.0 Calls @ even (5.60 total now)
Rolled SPY JAN 6 2023 384.0 Calls to JAN 13 2023 389.0 Calls @ .20 credit (6.45 total now)
Rolled SPY JAN 6 2023 384.0 Call to JAN 13 2023 389.0 Call @ .15 credit (6.35 total now)
Rolled SPY JAN 6 2023 378.0 Calls to JAN 20 2023 382.0 Calls @ .20 debit (7.35 total now)
Rolled SPY JAN 6 2023 378.0 Calls to JAN 20 2023 382.0 Calls @ .20 debit (5.90 total now)
AMZN
#SyntheticCoveredCalls – A few more.
Bought to Close AMZN JAN 6 2023 86.0 Calls @ .05 (sold for .90)
Bought to Close AMZN JAN 6 2023 87.0 Calls @ .05 (sold for 1.22)
Sold AMZN JAN 13 2023 86.0 Calls @ 1.00
Sold AMZN JAN 20 2023 88.0 Calls @ .95
NEM Stock
Sold a tiny lot of NEM at 52.52.
Bought on 08/03/2022 at $44.00
Still have lots at $41.80 and $37.60
Clean Slate Expiration
I’m letting most of my long stock get called away, regardless of cost in my IRA trading account.
LABU at 7.00
SOXL at 10.00
TNA at 32.00
TQQQ at 17.00
#RaisingCash
I’m also getting put a lot of UVXY and VXX. They are protected by long puts not too far below the current market.
We’ll see if this market holds up next week,
Expiration
#optionsexpiration
$XBI 81 put Thank you @fuzzballl
$MMM 117 put
$schw 80 put
$PFE 52.5 call
$BX 80 call
$SQ 72 call
$AMZN BTC 1/6 86 call at .05. STO at .90
MO Strangle
#shortstrangles
$MO STO 1/13 47/46.5 strangle at .70
XBI
#CoveredCalls – Picking up some more upside.
Rolled XBI JAN 6 2023 81.0 Calls to JAN 13 2023 82.0 Calls @ .22 credit (3.45 total now)
STO February 17, 350/420 strangle…
STO spy, February 17, 350/420 strangle at 2.53
PFE AMZN Call / SPX Close
#coveredcalls #syntheticcoveredcalls
$PFE STO 1/13 53 call at .36
$AMZN BTC 1/6 86 call and STO 1/13 88 call at added credit of .58
$AMZN TO 1/13 90 call at .50
#spx1dte
$SPX BTC 1/6 3920/3940 call side at .15. STO at .63. Expect the put side to expire. Sold at .62
EL Stock
Liquidated my tiny position in EL (and it’s tiny dividend) at $265.01.
Bought this 2 times in March 2022 at $264.00 and $250.00 and again in Nov 2022 at $190.00
#FormerFallingKnife #RaisingCash
SPY
Extending my daily ladder only through tomorrow
Bought 1 SPY Jan 27 2023 345.0 Put at $0.45
Sold to Open 1 SPY Jan 06 2023 375.0 Put at $0.80 for a $0.35 Credit and the short may expire tomorrow
I have an excess of long SPY puts leftover if it gets ugly tomorrow
Jobs Jobs Jobs
#Market The job growth just won’t abate… private sector growth way above expectations this morning, and market reacts negatively because it may signal continued rate hikes. Same could happen after tomorrow morning’s monthly report. I will not be trading tonight or tomorrow because of that and my schedule, and will likely skip a Monday trade as well.
Today’s trade is threatened but I did not stop out. The recent range has been pretty tight in terms of CLOSES…. intraday can get wanky, but last time the market closed in breach of my strikes was November 30 (I had stopped out earlier in day, so lost 4.00 rather than 20.00). In fact, I tracked all my #SPX1dte trades since May 1st, and I would have made about 13% more profit if I had followed a “no stop” approach, taking a few big losses but eliminating all of the small losses from stop-outs that ended up being unnecessary. So I’m analyzing the whole year to see if a no-stop approach would be okay.
AMZN SPY TQQQ
#CoveredCalls #SyntheticCoveredCalls – A few.
AMZN: Another round.
Bought to Close AMZN JAN 6 2023 88.0 Calls @ .10 (sold for .95)
Sold AMZN JAN 20 2023 89.0 Calls @ 1.20
SPY:
Bought to Close SPY JAN 5 2023 383.0 Calls @ .15 (sold for 5.40 and 5.90)
Sold SPY JAN 6 2023 380.0 Calls @ 2.61 and 3.05)
TQQQ:
Bought to Close TQQQ JAN 6 2023 19.0 Calls @ .01 (sold for .21)
TNA TQQQ VXX
Bought to close TNA Jan 06 2023 36.0 Covered Calls at $0.01
Sold to open TNA Jan 06 2023 32.0 Covered Calls at $0.42 for additional premium on a one day scalp trade.
Bought to close TQQQ Jan 06 2023 19.5 Covered Calls at $0.01
Sold to open TQQQ Jan 06 2023 17.0 Covered Calls at $0.29 for additional premium on a one day scalp trade.
Sold to open VXX Jan 06 2023 14.5 Covered Calls at $0.06 and $0.10
SPY
#onlyspreads
STO VERTICAL SPY 12 JAN 23 359/355 PUT @.18 and .20
SPY OptionsExpiration
1 SPY Jan 04 2023 374.0 Put – Sold yesterday at $0.42
#DailyLadder
UNG Put Roll / GNRC Call Roll / SQ Call
#shortputs
$UNG BTC 1/6 17 put and STO 1/13 17 call at even. When will gas start to float UP
#coveredcalls
$GNRC BTC 1/6 98 call and STO 1/13 101 call at added credit of .17 and $3 more if called away
$SQ STO 1/6 72 call at .38
SPY SOXL
STO SOXL 6 JAN 2023 10.5 CALL @.28
STO SOXL 6 JAN 2023 11 CALL @.11
—
#onlyspreads
STO VERTICAL SPY 11 JAN 2023 400/404 CALL @.18
SPX 1-dte
#SPX1dte BTC $SPX Jan 4th 3900/3920 call spreads for .30. Put side closed for .05. Condors sold for 1.60 yesterday.
Thursday trade will follow in comments.
SPY
Extending my #DailyLadder. Today’s 374.0 put is $0.00 Bid and will expire soon.
Sold 1 SPY Jan 06 2023 374.0 Put at $0.46
SPY
#CoveredCalls #ShortCalls – Again. 🙂 🙂
Rolled SPY JAN 4 2023 382.0 Calls to JAN 5 2023 383.0 Calls @ .15 credit (5.90 total now)
Rolled SPY JAN 4 2023 382.0 Call to JAN 5 2023 383.0 Call @ .20 credit (5.40 total now)
Rolled SPY JAN 4 2023 380.0 Calls to JAN 6 2023 382.0 Calls @ .15 credit (5.60 total now)
Rolled SPY JAN 4 2023 381.0 Calls to JAN 6 2023 384.0 Calls @ even (6.25 total now)
Rolled SPY JAN 4 2023 381.0 Call to JAN 6 2023 384.0 Call @ even (7.45 total now)
SOXL TNA UVXY VXX
Small trades:
Sold 1 SOXL Jan 06 2023 10.5 Call at $0.27
Sold 1 TNA Jan 06 2023 34.5 Call at $0.26
Sold UVXY Jan 06 2023 6.5 Puts at $0.14 and $0.16
Sold VXX Jan 06 2023 13.5 Puts at $0.14 and $0.16
BBWI Stock
Liquidated my tiny position in BBWI (and it’s tiny dividend) at $46.01.
Bought this 4 times in mid-2022 at $45.00, $43.00, $29.00 and $26.10
#FormerFallingKnife #RaisingCash
SPY JEPI PBR/A
#onlyspreads
STO VERTICAL SPY 10 JAN 2023 361/357 PUT @.17
#smallbuy
#dividends
BOT JEPI @54.07
BOT PBR/A @8.85
AAPL
Although is falls outside my yield parameters, I started a tiny position in this #FallingKnife
Bought AAPL at $125.00
First stock trade in the new year
SPY
Extending my #DailyLadder strategy
Bought SPY Jan 13 2023 350 Puts Net Credit at $0.29 and $0.32
Sold 1 SPY Jan 03 2023 377.0 Put at $0.37 (Expired today)
Sold 1 SPY Jan 04 2023 374.0 Put at $0.42
Sold 1 SPY Jan 05 2023 372.0 Put at $0.39
LABU SOXL TLRY TQQQ VXX UVXY
Like last week, I’m selling mostly Covered Calls at a single decent strike price instead of using Covered Ladders.
It’s interesting to note that quotes on LABU contracts are now in one penny increments instead of 5 cent increments.
Sold LABU Jan 06 2023 8.0 Covered Calls at $0.11
Sold SOXL Jan 06 2023 11.5 Covered Calls at $0.08
Sold TLRY Jan 06 2023 3.0 Covered Calls at $0.05
Sold TNA Jan 06 2023 36.0 Covered Calls at $0.13
Sold TQQQ Jan 06 2023 19.5 Covered Calls at $0.10
Sold VXX Jan 06 2023 15.5 Covered Calls at $0.06, $0.07, $0.08, $0.09 and $0.10
Sold UVXY Jan 06 2023 7.5 Covered Calls at $0.10, $0.11 and $0.12
SPY
#CoveredCalls – Try again tomorrow.
Rolled SPY JAN 3 2023 378.0 Calls to JAN 4 2023 380.0 Calls @ .15 debit (5.45 total now)
Rolled SPY JAN 3 2023 379.0 Calls to JAN 4 2023 381.0 Calls @ .25 credit (6.25 total now)
Rolled SPY JAN 3 2023 380.0 Calls to JAN 4 2023 382.0 Calls @ .60 credit (5.75 total now)
Rolled SPY JAN 3 2023 380.0 Call to JAN 4 2023 382.0 Call @ .65 credit (5.20 total now)
Rolled SPY JAN 3 2023 381.0 Call to JAN 4 2023 381.0 Call @ 1.80 credit (7.45 total now)
SPX 1-dte
#SPX1dte This morning, soon after bell, call-side stop was hit. Bought to close $SPX Jan 3rd 3905/3925 call spreads for 1.25. Condors sold for 1.30 on Friday.
Just now, sold to Open Jan 4th 3725/3745-3900/3920 condors for 1.60, SPX at 3823, deltas -.06 +.06
SPX 1 DTE
#spx1dte
$SPX STO 1/4 3735/3715 – 395/3925 at $1.00
Todays trade $SPX 3735/3755 – 3910/3890 expired. STO at $1.40
RSX XBI
#ShortPuts #CoveredCalls #SyntheticStock – A little bit of each.
RSX: Took a small shot back at the beginning of the “military operation”.
Originally: Sold 2 RSX JAN 20 2023 30.0/10.0 Bull Put Spreads @ 17.00
Assigned stock on the short puts a few months ago. Exercised the long 10 puts this morning. Net loss of 3.00 on the lottery tickets. Could have been a lot worse.
XBI: Booking the short puts and replacing with synthetic stock/disaster put.
Bought to Close XBI JAN 6 2023 80.0 Put @ .55 (sold for 1.08)
Bought to Close XBI JAN 6 2023 80.5 Put @ .67 (sold for 1.25)
Bought to Close XBI JAN 6 2023 81.0 Puts @ .82 (sold for 1.70)
Bought to Close XBI JAN 6 2023 81.5 Puts @ 1.00 (sold for 1.85)
Bought XBI JAN 17 2025 85.0/85.0/50.0 Synthetic Stock @ 6.50, 6.25, 6.00, and 5.00
Synthetic Covered:
Sold XBI JAN 13 2023 83.5 Calls @ 2.00
Options Bistro 