#SPX1dte Not sure if stop was breached but it was close. Bought to close $SPX Nov 9th 3735/3715 put spreads for .20. Condors sold for 1.25 yesterday.
No trade for tomorrow due to CPI report at 8:30am ET
Recent Updates Page 91
Another SPY Put Spread
Bought 1 SPY Dec 02 2022 330.0 Put at $0.48
Sold to Open 1 SPY Nov 14 2022 367.0 Put at $1.50 for a $1.02 Credit
#OnlySpreads
#shortputs Sto 11 NOV 2022…
#shortputs
Sto 11 NOV 2022 367 PUT @.97
SPY
#CoveredCalls – Rolled a little too early but still decent 2 day premium.
Rolled SPY NOV 9 2022 378.0 Call to NOV 11 2022 378.0 Call @ 3.00 credit (6.59 total now)
#smallbuy Buy SPIP @25.45 #dividends
#smallbuy
Buy SPIP @25.45
#dividends
VXX UVXY Calls
Sold VXX Nov 11 2022 18.5 Calls at $0.29 and $0.34
Sold VXX Nov 11 2022 19.0 Calls at $0.22
Sold VXX Nov 11 2022 19.5 Calls at $0.18
Sold VXX Nov 11 2022 20.0 Calls at $0.13
Sold to Open UVXY Nov 11 2022 10.5 Calls at $0.20 and $0.23
Sold to Open 1 UVXY Nov 11 2022 11.0 Call at $0.20
Paired with VXX and UVXY Short Puts already in the account.
#OnlySpreads
SPY Put spread
Bought to close 1 SPY Nov 09 2022 360.0 Put at $0.01. Sold last Friday at $0.77
Sold 1 SPY Nov 09 2022 376.0 Put at $0.37 for a one day scalp to replace it. (I can always roll it down).
Set up a new spread for Friday:
Bought to Open 1 SPY Nov 30 2022 330.0 Put at $0.30
Sold to open 1 SPY Nov 11 2022 367.0 Put at $0.75 for a $0.45 Credit.
SPX 1-dte
#SPX1dte Sold to Open $SPX 3715/3735-3935/3955 condors for 1.25, SPX at 3843, IV 31.3%, deltas -.05 +.05
NVDA
#ShortPuts #CoveredCalls – Earnings next week. Going aggressive for more premium.
Sold NVDA NOV 11 2022 150.0 Put @ 6.80
Rolled NVDA NOV 11 2022 140.0 Put to NOV 11 2022 145.0 Put @ 2.00 credit (11.55 total now)
Rolled NVDA NOV 11 2022 136.0 Calls to NOV 18 2022 140.0 Calls @ .10 credit (1.45 total now)
VXX and UVXY
Sold to close 1 VXX Nov 18 2022 17.0 Put at $0.62 after writing against it multiple times.
Bought on 10/17/2022 at $0.20
#VXXContango #WinWin
Sold UVXY Nov 11 2022 11 Calls at $0.17. Paired with short puts already in the account
SOXL TNA TQQQ Calls
Sold SOXL Nov 11 2022 11.5 Calls at $0.15 and $0.23
Sold TNA Nov 11 2022 40.5 Calls at $0.34 and $0.41
Sold TQQQ Nov 11 2022 21.5 Calls at $0.13 and $0.17
Sold TQQQ Nov 11 2022 21.0 Calls at $0.21 and $0.26
Sold 1 TQQQ Nov 11 2022 20.5 Call at $0.38
Sold 1 TQQQ Nov 11 2022 20.0 Call at $0.56
#OnlySpreads
Stocks
Still lightening up on some lower dividend payers.
Sold all my FTV at $65.07. Bought on 02/04 at $65.00 and on 03/07 at $59.93
Sold my last lot of GE at $82.58. Bought on 11/07/2021 at $60.00 {Long term gain}
Sold my remaining MCHP at $68.39. Bought on 06/16/2022 at $59.72
Sold my highest cost lot of STT at $76.53. Bought on 04/22/2022 at $72.00. Also hold lots at $68.00 and $63.04.
#FormerFallingKnife #RaisingCash
SPX stopped
#SPX1dte Bought to close $SPX Nov 8th 3880/3900 call spreads for .65. Condors sold yesterday for 1.35.
KOLD Call Rolldown
Bought to close 1 KOLD Nov 18 2022 34.0 Covered Call at $0.28. Sold on 10/20 at $1.70 on a rollup.
Sold 1 KOLD Nov 18 2022 22.0 Covered Call at $0.73 for $0.45 additional Credit.
#DoubleDip
SPY OptionsExpiration
SPY 11/07/2022 320/367 Bull Put Spread – Expired
SPX 1-dte
#SPX1dte Sold to Open $SPX Nov 8th 3715/3735-3880/3900 condors for 1.35, SPX at 3807, deltas -.07 +.05
Expiring: Nov 7th 3655/3675-3850/3870 condors, sold Friday for 1.35
ADBE
#ShortPuts – Taking 75 percent of max from a Friday sale.
Bought to Close ADBE NOV 18 2022 270.0 Put @ 1.00 (sold for 3.80)
TSLA
#JadeLizards – Taking a shot here.
Sell TSLA NOV 18 2022 185.0/205.0/210.0 Jade Lizard @ 5.77
SPY
#CoveredCalls – Messing around with one in the Mon Wed expirations.
Rolled SPY NOV 7 2022 376.0 Call to NOV 9 2022 378.0 Call @ .20 credit (3.59 total now)
UVXY Diagonal Puts
Bought to open UVXY Jan 20 2023 6.0 Puts at $0.14
Sold to open UVXY Nov 11 2022 9.0 Puts at $0.21 for a $0.07 Credit for the first week.
Long DTE = 74
Short DTE = 4
#UVXYContango
KOLD Call Rolldowns
Bought to close 1 KOLD Nov 18 2022 28.0 Covered Call at $0.09. Originally sold on a rollup on 10/21 at $4.27
Replaced it with 1 KOLD Nov 18 2022 20.0 Covered Call at $0.49 for a $0.40 additional credit with the stock just under $14.
Edit: Did another.
Bought to close 1 KOLD Nov 18 2022 30.0 Covered Call at $0.06. Originally sold on a rollup on 10/21 at $3.75.
Replaced it with 1 KOLD Nov 18 2022 21.0 Covered Call at $0.48 for a $0.42 Credit
TLT XBI
#ShortStraddles #ShortCalls – A few.
TLT: Rolling short straddles for additional credit.
Rolled TLT NOV 18 2022 100.0/100.0 Straddles to DEC 16 2022 100.0/100.0 Straddles @ 1.36 credit (4.55 total now)
XBI: Selling a few against short puts.
Sold XBI NOV 11 2022 84.0 Calls @ .38
KOLD Diagonal Put Spreads
Bought 1 KOLD Feb 17 2023 5.0 Put Net Credit at $0.87
Sold 1 KOLD Nov 18 2022 13.0 Put at $1.52 for a $0.65 Credit
Bought 1 KOLD Feb 17 2023 5.0 Put at $0.90
Sold 1 KOLD Nov 18 2022 12.0 Put at $1.15 for a $0.25 Credit
Long DTE = 102
Short DTE = 11
BA SPG FRT HBAN Stocks
Sold all of my remaining BA position at $161.90. Bought this 5 times between 03/04 and 05/12/2022. Sold it about 2.5% above my average cost (pays no dividend).
Sold my highest cost lot of SPG at $116.50. Bought on 05/20/2022 at $106.80.
Sold the last of my FRT at $106.68. Bought on 06/14/2022 at $95.00.
Sold some of my HBAN at $15.45. Bought on 06/23/2022 at $11.80.
#FormerFallingKnife #RaisingCash
LABU SOXL TLRY TNA TQQQ
Replacing many of the positions that expired Friday, some at higher strikes.
Sold LABU Nov 11 2022 8.0 Covered Calls at $0.10
Sold SOXL Nov 11 2022 11.0 Diagonal Calls at $0.11, $0.13 and $0.15
Sold SOXL Nov 11 2022 10.5 Covered Calls at $0.20
Sold TLRY Nov 11 2022 5.0 Covered Calls at $0.05
Sold TNA Nov 11 2022 40.0 Covered Calls at $0.37
Sold TNA Nov 11 2022 40.0 Diagonal Calls at $0.48 and $0.50
Sold TNA Nov 11 2022 42 Diagonal Calls at $0.16
Sold TQQQ Nov 11 2022 20.0 Diagonal Calls at $0.33
Sold TQQQ Nov 11 2022 20.5 Diagonal Calls at $0.26
Sold TQQQ Nov 11 2022 21.0 Diagonal Calls at $0.19
Sold TQQQ Nov 11 2022 21.0 Covered Calls at $0.16
Sold TQQQ Nov 11 2022 21.5 Covered Calls at $0.11
FRT
Sold a tiny position in FRT at $105.27. Bought on 09/23/22 at $89.18
#FormerFallingKnife #RaisingCash
#smallbuy buy rivpa @23.39 #dividends…
#smallbuy
buy rivpa @23.39
#dividends
————-
SPY
SPY nov 4, 368 put btc .01 basically expired otm
but thought i would reuse buy power for another trade .but will wait for Monday instead.
Roll XBI BX Call / Expired
#coveredcalls
$XBI BTC 11/4 84 call and STO 11/11 84 call at added credit of .53
#syntheticcoveredcalls
$BX BTC 11/4 99 call and STO 11/11 98 call at added credit of .25
#optionsexpiration
$BX 96 call
$PFE 48.50 call
$U 28.5 call
$GOOGL 102 call
$SHOP 35 call
$GNRC 120 call
OptionsExpiration
Despite the market rally, all the LABU, SOXL,TQQQ and TNA Covered Calls and call spreads expired worthless.
Expired:
LABU 13/8.5 Bear Call Spreads
LABU 8.5 Covered Calls
LABU 9.0 Diagonal Calls
SLV 15/17 Bull Put Spreads
SOXL 17/10.5 Bear Call Spreads
SOXL 10.5 Covered Calls
SOXL 11.0 Diagonal Calls
SOXL 11.5 Diagonal Calls
SOXL 7.0 Diagonal Puts
SPY 320/367 Bull Put Spread
SPY 370.0 Diagonal Puts
TLRY 4.5 Covered Calls
TNA 47/37 Bear Call Spreads
TNA 37.5 Diagonal Calls
TNA 38.5 Diagonal Call
TNA 39.0 Diagonal Call
TNA 40.0 Diagonal and Covered Calls
TNA 41.5 Diagonal Call
TNA 42.0 Diagonal Call
TNA 43.0 Diagonal Call
TNA 44.0 Diagonal Calls
TNA 45.0 Diagonal Calls
TQQQ 24/22 Bear Call Spread
TQQQ 25/22 Bear Call Spread
TQQQ 26/22.5 Bear Call Spreads
TQQQ 27/23 Bear Call Spread
TQQQ 27/23.5 Bear Call Spreads
TQQQ 22.0/23.0/23.5/24.5 Covered Calls
TQQQ 24.5 Diagonal Calls
TQQQ 13/16.5 Bull Put Spreads
UVXY 10.5 Diagonal Calls
UVXY 11.0 Diagonal Calls
VXX 29/20 Bear Calls Spreads
SPX 1-dte
#SPX1dte Sold to Open $SPX Nov 7th 3655/3675-3850/3870 condors for 1.35, SPX at 3758, deltas -.07 +.04, IV 16.1%
ADBE AMZN NVDA SPY TBT TLT XBI
#ShortPuts #CoveredCalls #SyntheticShortStock #SyntheticStock #SyntheticDividends – A little bit of everything.
ADBE: Back in it. Earnings not until mid Dec.
Sold ADBE NOV 18 2022 270.0 Put @ 3.80
AMZN: Sold next week’s yesterday…against 2025 synthetic stock.
Bought to Close AMZN NOV 4 2022 100.0 Calls @ .01 (sold for 2.25 and 3.00)
NVDA: A few more. Lots of different positions in this one. Closed, sold and rolled. Aggressive puts sold against an overwrite of covered calls.
Bought to Close NVDA NOV 4 2022 135.0 Put @ .05 (sold for 6.10)
Sold NVDA NOV 11 2022 145.0 Put @ 6.50
Rolled NVDA NOV 4 2022 140.0 Put to NOV 11 2022 140.0 Put @ 3.50 credit (9.55 total now)
SPY: A little bit of everything.
Bought to Close SPY NOV 4 2022 380.0 Call @ .05 (sold for 5.90)
Bought to Close SPY NOV 4 2022 384.0 Call @ .04 (sold for 2.85)
Sold SPY NOV 7 2022 376.0 Call @ 3.39
Sold SPY NOV 11 2022 382.0 Call @ 3.50
Rolled SPY NOV 4 2022 380.0 Put to NOV 11 2022 380.0 Put @ 3.75 credit (9.65 total now)
TBT: Added to Jan 2025 synthetic short stock. Selling near term against.
Sold TBT JAN 17 2025 36.0 Calls – Bought TBT JAN 17 2025 36.0 Puts @ .50 credit (synthetic short)
Bought to Close TBT NOV 4 2022 34.0 Puts @ .01 (sold for .32)
Bought to Close TBT NOV 4 2022 34.5 Puts @ .01 (sold for .43)
Sold TBT NOV 11 2022 34.5 Puts @ .33
Sold TBT NOV 11 2022 35.5 Puts @ .60
Sold TBT NOV 11 2022 36.0 Puts @ .70
TLT: Collecting another nice synthetic dividend.
Bought to Close TLT NOV 4 2022 100.0 Calls @ .01 (sold for .95)
Sold TLT NOV 11 2022 97.5 Calls @ .45
XBI: Another good week in this one
Bought to Close XBI NOV 4 2022 79.5 Calls @ .05 (sold for 2.40)
Sold XBI NOV 11 2022 79.5 Calls @ 1.50
Letting some early assignment stock go @ 78.5 (basis 78.15)
Replacing with:
Sold XBI NOV 11 2022 81.0 Put @ 2.90
Rolled XBI NOV 4 2022 81.5 Puts to NOV 11 2022 81.5 Puts @ 1.05 credit (3.05 total now)
Rolled XBI NOV 4 2022 82.5 Puts to NOV 11 2022 82.5 Puts @ .77 credit (2.90 total now)
Rolled XBI NOV 4 2022 83.0 Puts to NOV 11 2022 83.0 Puts @ .64 credit (3.00 total now)
Rolled XBI NOV 4 2022 84.0 Puts to NOV 11 2022 84.0 Puts @ .45 credit (3.05 total now)
SOXL Strangle
Sold SOXL Nov 11 2022 7.0 Puts at $0.11.
Sold SOXL Nov 11 2022 10.5 Calls at $0.17.
Replacing similar options that are about to expire today
#OnlySpreads
SPY Put
Bought to close 1 SPY Nov 04 364.0 Diagonal Put at $0.09. Sold yesterday at $0.94
Sold 1 SPY Nov 09 2022 360.0 Put at $0.77 to replace it.
#OnlySpreads
VXX UVXY Calls
Sold VXX Nov 11 2022 20.0 Diagonal Calls at $0.12 and $0.13
Sold UVXY Nov 11 2022 11.0 Diagonal Calls at $0.19
Paired with the short puts I rolled down earlier.
TQQQ Puts Rolled Down
Rolled down 1 TQQQ Nov 04 2022 19.5 Put to 1 TQQQ Nov 11 2022 19.0 Put at $0.08 Credit.
I keep rolling this down hoping that one of these weeks it will finally expire.
At least the roll is cash positive each week.
Also rolled TQQQ Nov 04 2022 17.5 Puts down to TQQQ Nov 11 2022 15.5 Puts at $0.02 Credit
#onlySpreads
TNA Call Spreads
Bought 1 TNA Nov 25 2022 45.0 Call at $0.40
Bought 1 TNA Dec 02 2022 47.0 Call at $0.42
Sold TNA Nov 11 2022 40.0 Calls Net Credit at $0.50 and $0.52.
Waiting until a large number of (both covered and diagonal) TNA calls expire this afternoon before re-writing them for next week.
#OnlySpreads
SPX stopped
#SPX1dte Bought to close $SPX Nov 4th 3810/3830 call spreads for .80. Condors sold for 1.35 this morning.
My P/L chart looks like railroad tracks on a candle chart. Here are results of last 4 weeks:
+4.70
-5.85
+7.90
-5.71
The good news is I can identify two mistakes from this week that turned it sour. If it weren’t for my human mistakes, the strategy would be the problem.
I have been tracking paper results if I used a “no stop” strategy, and it officially pulled slightly ahead of my actual gains. Had I gone with no stops since May 16th, my profits would be 11.7% higher.
As it is, my accounts are up an average of 22.3% since May 16th, using ONLY the #SPX1dte and a small amount of #SPX5dte.
VXX UVXY Puts
I was early on all these trades, especially the rolldowns
Rolled VXX Nov 04 2022 17.5 Puts down to VXX Nov 11 2022 17.0 Puts at $0.02 Credit
Bought to close VXX Nov 04 2022 17.0 Puts at $0.01.
#VXXContango
Rolled UVXY Nov 04 2022 9.5 Puts down to UVXY Nov 11 2022 9.0 Puts at $0.02 Credit
Bought to close UVXY Nov 04 2022 9.0 Puts at $0.01.
#UVXYContango
Jobs continue to exceed expectations
Nonfarm payrolls grew by 261,000 in October, better than the estimate for 205,000.
The unemployment rate moved higher to 3.7%, while a broader jobless measure also increased, to 6.8%.
Big job gainers by industry included health care, professional and technical services, and leisure and hospitality.
Average hourly earnings rose 0.4% for the month and were up 4.7% from a year ago.
Labor force participation rate declined by one-tenth of a point to 62.2%.
SPX same day
#SPX1dte At 21 minutes after opening bell, sold to open $SPX Nov 4th 3630/3650-3810/3830 condors for 1.35. Deltas -.06 +.06
No trade before Jobs report
SPY
#CoveredCalls – And finally…
Bought to Close SPY NOV 4 2022 386.0 Call @ .05 (sold for 2.30)
Sold SPY NOV 11 2022 377.0 Call @ 3.95
SPY
#CoveredCalls – A couple more.
Bought to Close SPY NOV 4 2022 387.0 Calls @ .05 (sold for 2.45)
Sold SPY NOV 11 2022 378.0 Call @ 3.76
Sold SPY NOV 11 2022 383.0 Call @ 2.25
AMZN SOXL SPY TQQQ
#CoveredCalls #SyntheticStock – A few today.
AMZN: Added to Jan 2025 synthetic stock with disaster put and sold weekly against.
Bought Jan 2025 100/100/55 Sold NOV 11 2022 95 Call @ 2.60 and 2.65 debit
Also:
Sold AMZN NOV 11 2022 96.0 Calls @ 1.42 replacing this week’s
SOXL: Another round.
Bought to Close SOXL NOV 4 2022 10.0 Calls @ .01 (sold for .23)
Sold SOXL NOV 18 2022 9.5 Calls @ .36
SPY: A couple adds.
Sold SPY NOV 11 2022 378.0 Call @ 3.70
Sold SPY NOV 11 2022 381.0 Call @ 3.06
TQQQ: Another round.
Bought to Close TQQQ NOV 4 2022 22.5 Calls @ .01 (sold for .50)
Sold TQQQ NOV 11 2022 19.5 Calls @ .41
IIPR,
STO December 16, 110 put at 7.80 earlier today. I continue to sit on a lot of cash and bought Feb. 21 treasury bill this morning because the FED is not done yet. I admit it is very boring.
@spy rolled spy nov 4,…
@spy
rolled spy nov 4, 385 put to nov 11th 385 put credit 1.95 (12.75 now)
#kickthecan
#smallbuy Buy NUSI @18.86 Buy…
#smallbuy
Buy NUSI @18.86
Buy XRMI @20.95
#dividends
Stocks
Added a tiny bit of NWL at $12.61 Div = 7.1%
Added a tiny bits of PARA at $16.70 and $16.20 Div = 5.7%
Added a tiny bit of NEM at $38.20 Div= 5.56%
Added a tiny bit of LNC at $36.17 Div = 3.45%
Added a tiny bit of WU at $12.33 Div = 7.2%
Started a new position in MSFT at $219.13 even though it is a low dividend payer at 1.23%
#SP500 #FallingKnife
Sold All my tiny position in PNW at $69.44.
Bought on 10/29/2021 at $65.00 and on 10/12/2022 at $60.00
#FormerFallingKnife
TQQQ SOXL SPY UVXY
One day scalps:
Sold TQQQ Nov 04 2022 16.5 Puts at $0.15
Sold SOXL Nov 04 2022 7.0 Puts at $0.08
Sold 1 SPY Nov 04 2022 364.0 Put at $0.94
Bought 1 SPY Nov 25 2022 325.0 Put at $0.48 for a $0.46 Credit
Sold UVXY Nov 04 2022 10.5 Calls at $0.15
SPX stopped
#SPX1dte BTC $SPX 3685/3665 put spreads for 3.10. Condors sold for 1.30 yesterday.
In retrospect, it was a bad trade. The market was plummeting into the close, but the IV for today’s option chain was low, and my wings were not far enough OTM. I also sold a few minutes before the close, so the last drop of the day pushed me closer to my put strike. I should have waited until after the closing bell, or even considered a bearish risk/reversal since such a bad drop in the final half-hour usually means we will open next day lower.
SPY Put Roll
Bought to close SPY Nov 02 2022 376.0 Put / Sold 1 SPY Nov 04 2022 370.0 Put at $0.17 Credit for 2 more days
SPY Positions expired:
SPY Nov 02 2022 300/373 Bull Put spread
SPY
#CoveredCalls – Getting bailed out with the pullback. Rolling my lowest strikes.
Rolled SPY NOV 4 2022 372.0 Call to NOV 11 2022 377.0 Call @ .40 credit (2.45 total now)
Rolled SPY NOV 4 2022 373.0 Call to NOV 11 2022 379.0 Call @ .15 credit (3.75 total now)
Rolled SPY NOV 4 2022 373.0 Call to NOV 11 2022 379.0 Call @ even (4.30 total now)
Rolled SPY NOV 4 2022 374.0 Call to NOV 11 2022 380.0 Call @ .25 credit (2.35 total now)
Rolled SPY NOV 4 2022 374.0 Calls to NOV 11 2022 380.0 Calls @ .17 credit (3.45 total now)
Rolled SPY NOV 4 2022 375.0 Call to NOV 11 2022 381.0 Call @ .34 credit (3.85 total now)
Rolled SPY NOV 4 2022 377.0 Call to NOV 11 2022 382.0 Call @ 1.05 credit (3.65 total now)
SPX 1-dte
#SPX1dte Sold to Open $SPX Nov 3rd 3665/3685-3880/3900 condors for 1.30, SPX at 3776, deltas -.06 +.06, IV 30%
Watching today’s put spread carefully.
LRCX ARE JCI Stock
Sold my last tiny lot of LRCX at $418.50. Bought on 10/13 at $302.09.
Sold a tiny lot of ARE at $146.91. Bought on 06/17 at $130.00.
Sold my last tiny lot of JCI at $59.59. Bought on 06/14 at $49.21.
#RaisingCash #FormerFallingKnife
SPX same day
#SPX1dte Sold to Open $SPX Nov 2nd 3960/3980 call spreads for 2.00, SPX at 3885, delta probably about +.10 when filled.
Will consider a put side if we pull back enough.
MPC,
STO November 11, 120 put at 4.27
TQQQ SOXL
Scalps before the Fed announcement:
Sold TQQQ Nov 04 2022 17.5 Puts at $0.17 and $0.19
Sold 1 TQQQ Nov 04 2022 23.0 Call at $0.19
Sold 1 TQQQ Nov 04 2022 23.5 Call at $0.13
Sold 1 TQQQ Nov 04 2022 24.0 Call at $0.09
Sold SOXL Nov 04 2022 11.5 Calls at $0.06
NVDA Stock
Sold all my tiny position in NVDA at $141.01, just slightly above my average cost.
#FormerFallingKnife #RaisingCash
SPX 1-dte
#SPX1dte Expiring: $SPX Nov 1st 3785/3805-3955/3975 condors, sold yesterday for 1.45
Not selling for tomorrow due to Fed announcement on rates at 2pm Eastern. If I’m available, I may place trades after the announcement.
SPY Put Ladder
I have lots of long puts left over from previous diagonal spreads, so I’m writing against them again with SPY at $386:
Sold 1 SPY Nov 02 2022 376.0 Put at $0.64 (expires tomorrow)
Sold 1 SPY Nov 04 2022 370.0 Put at $0.60 (Expires Friday)
Sold 1 SPY Nov 07 2022 367.0 Put at $0.52 (Expires Monday)
ISRG Stock
Sold the last of my tiny ISRG position at $249.14. Bought on 05/06/2022 at $225.00
#FormerFallingKnife #RaisingCash
SOXL Calls
Sold SOXL Nov 04 2022 11.0 Calls at $0.11
UDOW,
STC November 18, 55/65 call spread at 3.80 for a quick profit. This was a large trade for me so I was quick to take my profit and will wait for the FED tomorrow.
TQQQ Call Ladder
Sold TQQQ Nov 04 2022 24.5 Calls at $0.19
Sold 1 TQQQ Nov 04 2022 24.0 Call at $0.28
Sold TQQQ Nov 04 2022 23.5 Calls at $0.36 and $0.37
Sold TQQQ Nov 04 2022 23.0 Calls at $0.49 and $0.52
Sold TQQQ Nov 04 2022 22.5 Calls at $0.66
Replacing calls that expired Friday
LRCX Stock
Sold half of my remaining LRCX stock at $410.01. Just slightly above my buy on 07/01/2022 at $409.10
The remaining buy was on 10/13 at $302.09 just after earnings. I’ll hold that.
LABU SPY SLV TLRY TNA UVXY VXX
Replacing a whole bunch of positions that expired Friday
Sold LABU Nov 04 2022 9.0 Diagonal Calls at $0.15
Sold LABU Nov 04 2022 8.5 Covered Calls at $0.30
Sold 1 SPY Nov 04 2022 367.0 Diagonal Put at $0.66
Sold 1 SPY Nov 02 2022 373.0 Diagonal Put at $0.68
Sold 1 SPY Oct 31 2022 379.0 Put at $0.17 (due to expire today)
Sold SLV Nov 04 2022 17.0 Diagonal Puts at $0.12
Sold TLRY Nov 04 2022 4.5 Covered Calls at $0.04
Sold TNA Nov 04 2022 45.0 Diagonal Calls at $0.24
Sold TNA Nov 04 2022 44.0 Diagonal Calls at $0.34
Sold 1 TNA Nov 04 2022 43.0 Diagonal Call at $0.51
Sold UVXY Nov 04 2022 11.0 Diagonal Calls at $0.16
Sold UVXY Nov 04 2022 9.5 Diagonal Puts at $0.11, $0.13 and $0.14 (DTE = 4)
Bought UVXY Dec 16 2022 7.0 Puts at $0.07 and $0.08 (DTE= 46)
Bought UVXY Jan 20 2023 6.0 Puts at $0.11 (DTE= 81)
Bought UVXY Feb 17 2023 5.0 Puts at $0.12 (DTE= 109)
#UVXYContango)
Sold VXX Nov 04 2022 20.0 Diagonal Calls at $0.10
Sold VXX Nov 04 2022 17.5 Diagonal Puts at $0.16, $0.17, $0.19, $0.20 and $0.22 (DTE = 4)
Bought VXX Dec 16 2022 14.0 Puts at $0.06 and $0.07 (DTE = 46)
Bought VXX Jan 20 2023 13.0 Puts at $0.18 and $0.20 (DTE = 81)
#VXXContango
SPX 1-dte
#SPX1dte Sold to Open $SPX Nov 1st 3785/3805-3955/3975 condors for 1.45, SPX at 3878, deltas -.06 +.06, IV 23.7%
Expiring: Oct 31st 3780/3800-3985/4005 condors, sold Friday for 1.45
SPY,
STO November 11 put,
383 at 6.51
385 at 7.20
387 at8.02
XBI,STO November 18, 75 put…
XBI,STO November 18, 75 put at .85 earlier in the day.
XBI
ShortPuts – One add just to get back to a full position.
Sold XBI NOV 4 2022 84.0 Put @ 2.60
UDOW,
BTO November 18, 55/65 bull call spread at 3.31, the short term moving averages are in an up trend and the market knows the rate hike is .75 points
SPX 1-dte
#SPX1dte Bought to close $SPX Oct 28th 3915 call for .30. Condors sold for 1.65. Stop hit with first spike above 3902. Monday trade will come in comment.
RTX BX Roll
#coveredcalls
$RTX BTC 10/28 95 calls and STO 11/4 97 calls at added profit of .50 and $2 more if called away
$BX BTC 10/28 94 calls and STO 11/4 99 calls at added profit of .53 and $5 more if called away
ADBE AMZN MSFT NVDA SOXL SPY TQQQ XBI
#ShortPuts #CoveredCalls #SyntheticStock #JadeLizards – A little of everything.
ADBE: Blew through the top so taking it early.
Bought to Close ADBE NOV 18 2022 270.0/310.0/315.0 Jade Lizard @ 4.25 (sold for 7.35)
AMZN: Starting a Jan 2025 synthetic stock position. Sold weekly against.
Sold AMZN JAN 17 2025 100.0 Puts // Bought AMZN JAN 17 2025 100.0 Calls @ 8.31 and 8.89 (synthetic stock)
Sold AMZN NOV 4 2022 100.0 Calls @ 2.56 and 2.89
MSFT: Bouncing so taking off the call side of the Jade Lizard leaving a short put.
Bought to Close MSFT NOV 18 2022 245.0/250.0 Bear Call Spread @ .83 (Lizard sold for 5.25)
NVDA: A little of everything.
Bought to Close NVDA OCT 28 2022 135.0 Put @ .05 (sold for 7.80)
Sold NVDA NOV 4 2022 140.0 Put @ 6.05
Rolled NVDA OCT 28 2022 130.0 Calls to NOV 11 2022 136.0 Calls @ even (1.35 total now)
Rolled NVDA OCT 28 2022 130.0 Calls to NOV 18 2022 140.0 Calls @ .25 credit (1.55 total now)
SOXL: Covered rolling.
Rolled SOXL OCT 28 2022 9.0 Calls to NOV 4 2022 10.0 Calls @ .03 credit (.23 total now)
SPY: Rolling.
Rolled SPY OCT 28 2022 380.0 Call to NOV 4 2022 384.0 Call @ .25 credit (2.85 total now)
Rolled SPY OCT 28 2022 381.0 Call to NOV 4 2022 386.0 Call @ .02 credit (2.30 total now)
Rolled SPY OCT 28 2022 382.0 Calls to NOV 4 2022 387.0 Calls @ .46 credit (2.45 total now)
TQQQ: Another round.
Bought to Close TQQQ OCT 28 2022 23.0 Calls @ .01 (sold for .36)
Sold TQQQ NOV 4 2022 22.5 Calls @ .50
XBI: The gift that keeps on giving. Rolling covered and reloading.
Bought to Close XBI OCT 28 2022 80.0 Put @ .05 (sold for 4.50)
Bought to Close XBI OCT 28 2022 81.0 Put @ .05 (sold for 4.45)
Bought to Close XBI OCT 28 2022 81.5 Puts @ .05 (sold for 3.45)
Bought to Close XBI OCT 28 2022 82.0 Put @ .05 (sold for 3.45)
Bought to Close XBI OCT 28 2022 82.5 Put @ .05 (sold for 3.45)
Sold XBI NOV 4 2022 81.5 Puts @ 2.02
Sold XBI NOV 4 2022 82.5 Puts @ 2.11
Sold XBI NOV 4 2022 83.0 Puts @ 2.35
Sold XBI NOV 4 2022 84.0 Put @ 2.60
Rolled XBI OCT 28 2022 78.0 Call to NOV 4 2022 78.5 Call @ .21 credit (1.73 total now)
Rolled XBI OCT 28 2022 78.5 Calls to NOV 4 2022 79.5 Calls @ .50 credit (2.35 total now)
#smallbuy Buy RIVpA @22.90 #dividends
#smallbuy
Buy RIVpA @22.90
#dividends
Options Bistro 