With the huge post-earnings move (stock up over 33%), rolled Sep 16 45 puts up to 65 puts @ 3.20 credit. Position is now a short 65 straddle, with 7.31 total credit taken in.
Recent Updates Page 97
NVDA SPY
#ShortPuts – A few.
NVDA: I’ll do the roll down next week into earnings if needed.
Rolled NVDA AUG 12 2022 185.0 Put to NVDA AUG 19 2022 185.0 Put @ 1.30 credit (5.30 total now)
SPY: Taking these a couple days early.
Bought to Close SPY AUG 12 2022 397.5 Put @ .06 (sold for 9.70)
Bought to Close SPY AUG 12 2022 400.0 Put @ .09 (sold for 3.05)
TTD earnings strangle
Borrowing an idea from TastyTrade. Sold $TTD Sep 16 45/65 strangle @ 4.11. Earnings after the bell today.
SPX trades
#SPX1dte No trade for tomorrow as I will be traveling and don’t want to tangle with the CPI report release (inflation for July).
Expected to expire today: $SPX Aug 9th 4055/4075-4205/4225 condors, sold yesterday for 1.30
TQQQ
#ShortPuts – A few more.
Sold TQQQ AUG 12 2022 36.0 Puts @ 1.53
Sold TQQQ AUG 12 2022 37.0 Put @ 2.35
SPX trades
SPX 5-dte
#SPX5dte Sold to close HALF of my position, $SPX Aug 10th 4160/4180 call spreads for 12.00, at 7:44 PT when SPX was at 4182. Bought for 7.00 on Friday.
Planned to hold the rest for more, but then we dropped pretty sharply. Hope this isn’t another head-fake Upside Warning, but it definitely could be, given the uncertainty in the economy.
EWZ
#BullPutSpreads – Not a lot of premium in these so not really interested in owning it. Taking advantage of the bounce to get out with a little profit.
Bought to Close EWZ AUG 19 2022 33.0/30.0 Bull Put Spreads @ 1.98 (sold for 2.40)
NVDA,
STO September 16, 150 put at 3.39
NVDA
#CoveredCalls – Rolling down for additional premium. Earnings Aug 24th.
Rolled NVDA AUG 12 2022 190.0 Calls to AUG 12 2022 175.0 Calls @ 5.00 credit (6.95 total now)
Rolled NVDA AUG 12 2022 190.0 Calls to AUG 12 2022 177.5 Calls @ 3.75 credit (5.75 total now)
Upside Warning in Effect
#VIXIndicator An Upside Warning took effect on Friday after three consecutive closes of $VIX below the 78.6 Fib line drawn from pre-correction low and correction high. This could mean higher prices in coming days or weeks.
Here is data on last several Upside Warnings. The only one in 2022 completely failed, and overall the signal has not performed as strongly since 2020.
Mar 29, 2022: (failed) close on that day: 4631. SPX did not go higher. UpW was canceled after 6 trading days
Dec 27, 2021: close on that day: 4791. Subsequent high was 4818 on Jan 4. 6 trading days, +0.6%
Oct 18, 2021: close on that day: 4486. Subsequent high was 4743 on Nov 22. 14 trading days, +5.7%
Aug 25, 2021: close on that day: 4496. Subsequent high was 4595 on Sep 2. 6 trading days, +1.1%
Aug 13, 2021: (headfake) close on that day: 4468. Subsequent high was 4480 the next day. Canceled the day after that.
May 28, 2021: close on that day: 4204. Subsequent high was 4393 on July 7. 31 trading days, +4.5%
Mar 15, 2021: close on that day: 3969. Subsequent high was 4238 on May 7. 40 trading days, +6.8%
Feb 5, 2021: close on that day: 3886. Subsequent high was 3950 on Feb 16. 6 trading days, +1.6%
Nov 11, 2020: close that day: 3585. Subsequent high was 3726 on Dec 18. 25 trading days, +3.9%
SPX trades
#SPX5dte Bought to Open $SPX Aug 10th 4160/4180 call spreads for 7.00.
Since an Upside Warning looks likely to fire at today’s close, I am going short-term bullish and only buying a call spread rather than a condor. I will look to close this Monday or Tuesday on any significant rise in SPX. The inflation number for July will be released on the 10th (Wednesday), so volatility should increase on these options and hopefully boost the price as well.
Current IV on the Aug 10th SPX option chain is 18.25%
SPY TLT
#ShortPuts #CoveredStraddles – A few more.
SPY: Aggressive add. Come and get it Mr. Market.
Sold SPY AUG 19 2022 410.0 Put @ 5.00
TLT: Long covered stock at 117 strike. Selling puts to set up some covered straddles.
Sold TLT AUG 19 2022 117.0 Puts @ 2.20
NVDA SPY TSLA TQQQ
#ShortPuts #CoveredCalls #JadeLizards – A few today.
NVDA: Put selling and covered rolling. Earnings on the 24th.
Bought to Close NVDA AUG 5 2022 182.5 Put @ .05 (sold for 5.00)
Sold NVDA AUG 12 2022 185.0 Put @ 4.00
Rolled NVDA AUG 5 2022 185.0 Calls to AUG 12 2022 190.0 Calls @ .75 credit
SPY: Re-loading.
Bought to Close SPY AUG 5 2022 402.5 Put @ .05 (sold for 2.50)
Bought to Close SPY AUG 5 2022 405.0 Put @ .05 (sold for 3.25)
Sold SPY AUG 19 2022 405.0 Put @ 4.00
Sold SPY AUG 19 2022 407.5 Put @ 4.30
Sold SPY AUG 19 2022 407.5 Put @ 4.75
TSLA: Closing call side of the Lizard to save a couple extra bucks and rolling put side up for more credit. Leaving just the short put. Original lizard sold for 15.25.
Bought to Close TSLA AUG 19 2022 800/815 Bear Call Spread @ 12.75 debit
Rolled TSLA AUG 19 2022 650.0 Put to AUG 19 2022 750.0 Put @ 2.55 credit
Position is now short the 750 put @ 5.05
TQQQ: Re-loading.
Bought to Close TQQQ AUG 5 2022 33.0 Puts @ .05 (sold for 1.60)
Sold TQQQ AUG 12 2022 34.0 Puts @ 1.20
Sold TQQQ AUG 12 2022 34.5 Puts @ 1.41
Sold TQQQ AUG 12 2022 35.0 Puts @ 1.62
SPX 1-dte
#SPX1dte In pre-market, after the jobs report and spike down, sold to open $SPX Aug 5th 4060/4040 put spreads for 1.10.
Delta -.07 at time of fill.
July Jobs report
#Jobs — Doubling expectations and defying recession fears; earnings up strongly
Gain of +528,000 non-farm payroll jobs, vs. expected gain of 268K
Unemployment at 3.5%, down by 0.1
U6 unemployment 6.7%, unchanged
Labor force participation 62.1%, down by 0.1
Average hourly earnings up strongly by 0.5%; 5.2% increase over the year
May jobs revised up by +2K to +386K
June jobs revised up by +26K to +398K
SPX trades
#SPX5dte After the close, Sold to close $SPX Aug 5th 4130/4150 call spreads for 13.40. With puts closed this morning that’s 18.15 in total credit, so .95 profit on the trade. Didn’t want to risk overnight gap or jobs report before tomorrow’s open.
#SPX1dte Expiring: Aug 4th 4055/4075-4220/4240 condors, sold yesterday for 1.15.
Waiting for after jobs report to sell tomorrow’s 1-dte.
SPX 5-dte
#SPX5dte Sold to close $SPX Aug 5th 4120/4100 put spreads for 4.75. Condors bought for 17.20 on Monday. Looking for an afternoon rally higher so I can sell the call side before tomorrow’s job report.
Ramie Bidu Trade
SPX 1-dte
#SPX1dte Sold to Open $SPX Aug 4th 4055/4075-4220/4240 condors for 1.15, SPX at 4158, deltas -.06 +.05
SPX stopped
#SPX1dte Bought to close $SPX Aug 3rd 4170/4190 call spreads for 2.05. Condors sold yesterday for 1.35.
#coveredcalls LABU sto 12 AUG…
#coveredcalls
LABU
sto 12 AUG 2022 10 CALL @.25
SPX 1-dte
#SPX1dte Before the close, Sold to Open $SPX Aug 3rd 3990/4010-4170/4190 condors for 1.35, SPX at 4095, deltas -.06 +.06
Expired: Aug 2nd 4015/4035-4185/4205 condors, sold yesterday for 1.40.
#rolling SOXL STO 12 AUG…
#rolling
SOXL
12 AUG 22/5 AUG 2022 20.5 PUT @.56 credit
12 AUG 22/5 AUG 2022 20 PUT @.54 credit
Closing ROKU
Bought to close $ROKU Aug 19 60/55 bull put spread @ .47. Sold for 1.50 on 7/29.
NVDA
#ShortPuts – Sitting on some 185 strike covered calls this week. Just to make it more interesting adding a short put. AMD earnings tonight so slightly elevated IV in NVDA.
Sold NVDA AUG 5 2022 182.5 Put @ 5.00
EPAM LRCX
Selling my last two lots of EPAM at 364.65 (near it’s 3-month high)
Bought on 02/28/2022 at $203.00 and on 03/07/2022 at $183.00. This company has(had) significant operations in Ukraine. These buys were pure speculation as the war broke out and turned into one of my best gains.
No Dividend. #RaisingCash
Sold my second lot of LRCX at $506.01. Bought on 04/12/2022 at $466.00.
Leaves one more lot at $409.10 that I will hold a bit longer
#FormerFallingKnife
SPX trades
#SPX1dte Sold to Open $SPX Aug 2nd 4015/4035-4185/4205 condors for 1.40, SPX at 4117, IV 21.75%, deltas -.06 +.06
Expiring worthless: Aug 1st 4025/4045-4175/4195 condors, sold this morning for 1.20.
#SPX5dte Expiring with max credit of 20.00: Aug 1st 4040/4060 call spreads. Put side sold for 1.25 on Friday. Condors bought for 17.25 on Wednesday, so 4.00 profit
#shortputs sto AUG 2022 397.5…
#shortputs
sto AUG 19 2022 397.5 PUT @3.51
followed fuzzballl
thank for idea
TNA TQQQ Diagonal Calls
Bought to open TNA Sep 02 2022 55.0 Calls / Sold to open TNA Aug 05 2022 46.0 Calls at $0.03 Credit for the first week
Bought to open 1 TNA Sep 02 2022 52.0 Call / Sold to open TNA Aug 05 2022 44.5 Call at $0.08 Credit for the first week
Also:
Sold to close TQQQ Aug 05 2022 36.0 Calls at $0.57. Bought on 07/13/2022 at $0.13.
Sold to close TNA Aug 05 2022 43.0 Calls at $1.87. Bought on 07/13/2022 at $0.31.
Stocks
Sold a lot of QQQ at $316.38 (near the 1 month high). Bought on 05/12/2022 at $287.48.
Sold my oldest and highest lot of DHI at $79.40 (near the 3 month high). Bought at $75.00 on 03/31/2022.
#FormerFallingKnife
Added a couple:
Bought PARA at $23.20. Div = 4.05%
Bought CINF at 96.36. Div = 2.83%
#SP500 #FallingKnife
ADBE SPY XBI
#ShortPuts #CoveredCalls – A few of each.
ADBE: Rolling put side of the Lizard up for additional credit. Still leaving a small window where both sides can win.
Rolled ADBE AUG 19 2022 360.0 Put to AUG 19 2022 380.0 Put @ 2.40 credit (380/390/395 @ 10.00 now)
SPY: New positions.
Sold SPY AUG 19 2022 397.5 Put @ 3.40
Sold SPY AUG 19 2022 397.5 Put @ 3.50
Sold SPY AUG 19 2022 400.0 Put @ 4.00
XBI: Spending the call premium received to get these back in play and picking up more upside.
Rolled XBI AUG 19 2022 74.0 Calls to SEP 16 2022 79.0 Calls @ 1.65 debit
Rolled XBI AUG 19 2022 74.0 Calls to SEP 16 2022 80.0 Calls @ 2.20 debit
VXX LABU
Starting off with Calls this morning:
Sold VXX Aug 05 2022 23.5 Calls at $0.11
Sold VXX Aug 05 2022 24.0 Calls at $0.09
Sold VXX Aug 05 2022 24.5 Calls at $0.07
Sold LABU Aug 05 2022 9.5 Covered Calls (partial fill) at $0.15
SPX 1-dte
#SPX1dte In pre-market, sold to Open $SPX Aug 1st 4025/4045-4175/4195 condors for 1.20, IV 34%, deltas -.06 +.05
OptionsExpiration
LABU 11/9.5 Bear Call Spreads
LABU 10/9.5 Bear Call Spreads
LABU 9.0 Diagonal Calls
LABU 9.0 Covered Calls
LABU 3/7 Bull Put Spreads
SLV 17.0 Diagonal Calls
SLV 15/16.5 Bull Put Spreads
VXX 35/24.5 Bear Call Spreads
VXX 34/23.5 Bear Call Spreads
VXX 33/23.5 Bear Call Spreads
VXX 23.5 Diagonal Calls
VXX 20.5 Diagonal Puts — #VXXContango
VXX 20.0 Diagonal Puts — #VXXContango
Stocks
Taking more gains near multi-month highs:
Sold my oldest and highest cost lot of SPY at $410.01. Bought on 05/09/2022 at $399.00
Sold my oldest and highest cost lot of LRCX at $491.00. Bought on 03/08/2022 at $480.00
Sold out my BR position at $161.50. Bought on 05/10/2022 at $136.36
Sold my 2 highest cost lots of CMI at $216.90. Bought on 11/30/2021 at $210.00 and on 02/24/2022 at $200.00
Sold my highest cost lot of GS at $330.01. Bought on 04/07/2022 at $315.00
Sold my highest cost lot of ROK at $250.00. Bought on 05/02/2022 at $248.00
Sold my highest cost lot of TEL at $132.97. Bought on 04/12/2022 at $123.00.
#FormerFallingKnife stocks
Added one:
Bought SWK at $95.58. Div = 3.25%
#SP500 #FallingKnife
TNA TQQQ Ladders rolled Out and Up
Some Calls Covered, some the short side of Diagonal Bear Call Spreads
Bought to close TQQQ Jul 29 2022 32.5 Calls / Sold to Open TQQQ Aug 05 2022 33.5 Calls at $0.22 Credit
Bought to close TQQQ Jul 29 2022 32.0 Calls / Sold to Open TQQQ Aug 05 2022 33.0 Calls at $0.02 Credit
Bought to close TQQQ Jul 29 2022 31.5 Calls / Sold to Open TQQQ Aug 05 2022 32.0 Calls at $0.15 Credit
Bought to close TQQQ Jul 29 2022 31.0 Calls / Sold to Open TQQQ Aug 05 2022 31.0 Calls at $0.40 Credit
Bought to close TQQQ Jul 29 2022 30.5 Calls / Sold to Open TQQQ Aug 05 2022 31.5 Calls at $0.07 Credit
Bought to close TQQQ Jul 29 2022 30.0 Calls / Sold to Open TQQQ Aug 05 2022 30.0 Calls at $0.25 and $0.37 Credit
Bought to close TQQQ Jul 29 2022 29.0 Calls / Sold to Open TQQQ Aug 05 2022 29.0 Calls at $0.25 Credit
Bought to close TQQQ Jul 29 2022 28.5 Calls / Sold to Open TQQQ Aug 05 2022 28.5 Calls at $0.11 Credit
Bought to close TQQQ Jul 29 2022 28.0 Calls / Sold to Open TQQQ Aug 05 2022 28.0 Calls at $0.08 Credit
Bought to close TQQQ Jul 29 2022 27.5 Calls / Sold to Open TQQQ Aug 05 2022 27.5 Calls at $0.02 Credit
Bought to close TQQQ Jul 29 2022 27.0 Calls / Sold to Open TQQQ Aug 05 2022 27.0 Calls at $0.03 Credit
Bought to close TNA Jul 29 2022 42.5 Calls / Sold to Open TNA Aug 05 2022 44.0 Calls at $0.29 Credit
Bought to close TNA Jul 29 2022 42.0 Calls / Sold to Open TNA Aug 05 2022 43.5 Calls at $0.03 Credit
Bought to close TNA Jul 29 2022 41.5 Calls / Sold to Open TNA Aug 05 2022 42.5 Calls at $0.44 Credit
Bought to close TNA Jul 29 2022 41.0 Calls / Sold to Open TNA Aug 05 2022 42.0 Calls at $0.29 Credit
Bought to close TNA Jul 29 2022 40.5 Calls / Sold to Open TNA Aug 05 2022 41.5 Calls at $0.21 Credit
Bought to close TNA Jul 29 2022 40.0 Calls / Sold to Open TNA Aug 05 2022 41.0 Calls at $0.04 Credit
Bought to close TNA Jul 29 2022 39.5 Calls / Sold to Open TNA Aug 05 2022 40.0 Calls at $0.33 Credit
Bought to close TNA Jul 29 2022 39.0 Calls / Sold to Open TNA Aug 05 2022 39.5 Calls at $0.20 Credit
Bought to close TNA Jul 29 2022 38.5 Calls / Sold to Open TNA Aug 05 2022 39.0 Calls at $0.05 Credit
QQQ,
STO August 19, 340/275 strangle at 1.05
SPY Jade Lizard
#JadeLizards – Trying something as an experiment. With the big run up the put side of the lizard is doing great. I’m closing it leaving enough premium in the overall position to still eliminate upside risk. There is now three weeks left so I’ll be looking for a decent pullback to sell the put side again.
Bought to Close SPY AUG 19 2022 370.0 Put @ .50
This leaves the 385/390 call spread @ 5.70
ISRG META NVDA SPY TQQQ
#ShortPuts #CoveredCalls – A few today.
ISRG: Rolling put side of Lizard up to a straddle. Breakeven still below the 50 day.
Rolled ISRG AUG 19 2022 195.0 Put to AUG 19 2022 215.0 Put @ 2.20 credit
Position now is 215/215/220 @ 9.20
META: Iron fly lottery ticket expiring. (.45 loss)
NVDA: Covered. Rolling out and up. Earnings still a few weeks away.
Rolled NVDA JUL 29 2022 177.5 Calls to AUG 5 2022 185.0 Calls @ even
SPY: Covered rolling. Still selling puts against these also.
Rolled SPY JUL 29 2022 383.0 Calls to AUG 19 2022 385.0 Calls @ .25 credit (3.80 total now)
Rolled SPY JUL 29 2022 383.0 Calls to AUG 19 2022 385.0 Calls @ .20 credit (12.90 total now)
Rolled SPY JUL 29 2022 385.0 Call to AUG 19 2022 387.0 Call @ .45 credit (5.50 total now)
New Positions:
Sold SPY AUG 5 2022 402.5 Put @ 2.50
Sold SPY AUG 5 2022 405.0 Put @ 3.25
Sold SPY AUG 12 2022 397.5 Put @ 2.50
Aggressive short put roll up for additional credit.
Rolled SPY AUG 12 2022 385.0 Put to SPY AUG 12 2022 400.0 Put @ 2.15 credit (10.25 total now)
TQQQ: Covered rolling and selling puts against it. Calendar short straddles?
Rolled TQQQ JUL 29 2022 30.5 Calls to AUG 19 2022 33.0 Calls @ even
Bought to Close TQQQ JUL 29 2022 30.5 Puts @ .05 (sold for 1.50)
Sold TQQQ AUG 5 2022 33.0 Puts @ 1.60
SPY 8/5
BTO $SPY Aug 5 410 calls @ 3.94 for a daytrade. Looking for what could be that long forgotten Friday afternoon rally we used to see so much of before 2022. Will close out on a pullback, but definitely before the end of the day regardless.
ROKU post earnings
Sold to open $ROKU 8/19 60/55 bull put spread @ 1.50
VXX Put Roll
#shortputs
$VXX BTC 7/29 21 put and STO 8/5 20.5 put at added credit of .10. Been rolling these since April against LEAP Put. Already paid for themselves plus lunch money during that period. Thank @optioniceman for this style. PS There is no free lunch (Disclaimer! 😉 )
SPX trades
#SPX1dte Came within a few pennies of my stop but I have to leave the computer so bought to close $SPX July 29th 4045/4065 call spreads for 1.75. Condors sold yesterday for 1.25
#SPX5dte Sold to close $SPX Aug 1st 4030/4010 put spreads for 1.25. Waiting for call spreads. Condors bought for 17.25 on Wednesday.
SPY
#ShortPuts – With a move like the one today just gotta take a few chips off the table.
Closing:
Bought to Close SPY JUL 29 2022 382.5 Put @ .12 (sold for 5.85)
Bought to Close SPY JUL 29 2022 385.0 Put @ .18 (sold for 2.85)
Bought to Close SPY JUL 29 2022 387.5 Put @ .08 (sold for 4.51)
Bought to Close SPY JUL 29 2022 387.5 Put @ .32 (sold for 3.80)
Bought to Close SPY JUL 29 2022 390.0 Put @ .10 (sold for 4.55)
Bought to Close SPY JUL 29 2022 392.5 Put @ .13 (sold for 4.80)
Bought to Close SPY JUL 29 2022 395.0 Put @ .19 (sold for 5.95)
Bought to Close SPY AUG 05 2022 387.5 Put @ .64 (sold for 11.15)
Scalps Today:
Bought to Close SPY AUG 5 2022 395.0 Put @ 1.43 (sold this morning for 3.20)
Bought to Close SPY AUG 5 2022 397.5 Put @ 1.95 (sold this morning for 4.25)
Bought to Close SPY AUG 5 2022 400.0 Put @ 2.53 (sold this morning for 5.65)
Bought to Close SPY AUG 5 2022 402.5 Put @ 3.32 (sold this morning for 7.00)
Downside Warning canceled
#vixindicator After 97 days, looks like the Downside Warning is canceled. Amazon’s earnings popped the market higher after the bell, driving the $VIX down below 22.34 (by a penny) before its official closing time at 4:15pm.
AAPL AMZN Weighting on S&P
From Bloomberg
They are only two stocks of the 500 but account for 10% of the movement. Both report tonight.
SPX 1-dte
#SPX1dte Sold to Open $SPX July 29th 3955/3975-4145/4165 condors for 1.25, SPX at 4072, IV 24.9%, deltas -.06 +.06
Selling in afternoon for first time in weeks, since volatility has calmed down.
#SPX #bearcallspreads Playing this rally…
Playing this rally as a DCB:
STO SPX August 26th 2022 4125/4150 BECS @ 10.50
SPX stopped
#SPX1dte Bought to close $SPX July 27th 4080/4100 call spreads for 2.75. Condors sold this morning for 1.15.
Stocks
Taking some welcome gains after the pullbacks of the last month. All are right at multi-month highs.
Sold AVY at $185.99. Bought on 03/07/2022 at $160.00
Sold ROL at $37.69. Bought on 01/24/2022 at $31.00
Sold TYL at $390.00. Bought on 04/26/2022 at $380.00
Sold BF/B at $73.04. Bought on 09/30/2021 at $67.00 and on 01/24/2022 at $65.00
#FormerFallingKnife
SPX 1-dte
#SPX1dte In pre-market, sold to open $SPX July 28th 3925/3945-4080/4100 condors for 1.15, IV 35.9%, deltas -.06 +.05
META
#Earnings #IronFlies – Just for the heck of it. Low probability and low risk. Maybe get lucky with the nice even 170 strike.
Sold META JUL 29 2022 165.0/170/0/170.0/175.0 Iron Flies @ 4.55
SPX 5-dte
#SPX5dte Bought to open $SPX Aug 1st 4010/4030/4040/4060 condors for 17.30. Volatility relaxed in last hour so price for ATM condors fell.
TNA TQQQ VXX
Bought 1 TNA Aug 19 2022 48.0 Call / Sold to Open 1 TNA Jul 29 2022 42.0 Call at $0.02 Credit for the first week
Bought 1 TQQQ Aug 19 2022 37.0 Call / Sold to Open 1 TQQQ Jul 29 2022 32.0 Call at $0.03 Credit for the first week.
Sold 1 more VXX Aug 19 2022 20.5 Put at $0.21
SPX trades
#SPX1dte Using post-Fed high IV to sell some more…
Sold to Open $SPX June 27th 4020/4040 call spreads for 2.80, with SPX at 3978.
FOMC
Looking for a big move here post announcement (likely 75 bps) and planning to fade whatever that move is after the dust settles. GDP report tomorrow as well which will probably be a confirmation that we’re in a recession. Or not…
VXX Puts
Back on the Put side
Sold VXX 07/29/2022 20.5 Puts at $0.14, $0.15 and $0.16
#VXXContango
#coveredcalls GOOGL STO 29 JUL…
#coveredcalls
GOOGL
STO 29 JUL 2022 112.75 CALL @.81
#spxcampaign SPX btc 29 JUL…
#spxcampaign
SPX
btc 29 JUL 2022 4125/4130 CALL @.10/sto .15
had this for like 12 plus days /tired of whip saw/little profit better then loss.
SPX 1-dte
#SPX1dte In pre-market, sold to open $SPX July 27th 3825/3845-4045/4065 condors for 1.60, IV 54.8%, deltas -.05 +.05
Went one lower than usual on the deltas due to Fed announcement. IV has spiked pretty high (was below 40% yesterday).
TNA Diagonal Call
Bought TNA 08/19/2022 47.0 Call / Sold TNA 07/29/2022 41.0 Call at $0.22 Credit for the first week
LABU
Sold LABU 07/29/2022 9.5 Diagonal Calls at $0.25
Sold LABU 07/29/2022 7.0 Diagonal Puts at $0.20
VXX Puts and Calls
Yesterday sold VXX -7/29/2022 20.0 Puts at $0.26 average.
Today, switching back to Calls.
Sold VXX 07/29/2022 24.5 Calls at $0.11
SPY
#JadeLizards – Let’s try one of these in SPY. Same thing…playing for a pullback with breakeven outside the expected move with no upside risk.
Sold SPY AUG 19 2022 370.0/385.0/390.0 Jade Lizard @ 6.20
ARE Stock
Sold my highest cost lot at $153.52. Bought at $142.66.
Keeping my other lot bought at $130.00.
#FormerFallingKnife
#rolling SOXL roll 5 AUG…
#rolling
SOXL
roll 5 AUG 22/29 JUL 2022 20.5 PUT @.20 credit
roll 5 AUG 22/29 JUL 2022 20 PUT @.23 credit
SPX 1-dte
#SPX1dte In pre-market, sold to open $SPX July 26th 3870/3890-4010/4030 condors for 1.20, IV 32.4%, deltas -.06 +.05
ADBE
#JadeLizards – Haven’t been in this one in awhile either. Playing it for a pullback also. No upside risk and breakeven outside the expected move.
Sold ADBE AUG 19 2022 360.0/390.0/395.0 Jade Lizard @ 7.60
TSLA
#JadeLizards – Haven’t been in this one in awhile. Playing it for a pullback with no upside risk.
Sold TSLA AUG 19 2022 650.0/800.0/815.0 Jade Lizard @ 15.25
SPX 1-dte
#SPX1dte In pre-market, sold to Open $SPX July 25th 3885/3905-4030/4050 condors for 1.25, IV 33%, deltas -.06 +.06
#optionsexpiration spy 389 put July…
#optionsexpiration
spy 389 put July 22.2022 sto@1.52
#assignment
112.75 googl put July 22.2022/sto@1.55
OptionsExpiration
Rolled up any in-the-money Calls in LABU, TNA and TQQQ this morning. Was a bit too hasty.
Rolled down my in-the-money SLV puts and did better.
The rest is a pretty short list this week.
== Expired ==
LABU 11/10 Bear Call Spreads
LABU 10.5/9 Bear Call Spreads
LABU 3/7 Bull Put Spreads
SLV 17.0 Diagonal Puts
TNA 40.5 Diagonal Calls
TNA 40.0 Diagonal Calls
TNA 39.5 Diagonal Calls
TNA 39.0 Diagonal Calls
TQQQ 31.0 Diagonal Calls
TQQQ 30.5 Diagonal Calls
VXX 32/26 Bear Call Spreads
VXX 21.0 Diagonal Puts — #VXXContango
VXX 20.5 Diagonal Puts — #VXXContango
VZ Stock
Added to my VZ position at $44.36. Div = 5.37%
#FallingKnife #SP500
SPX stopped
#SPX1dte Bought to close $SPX July 3925/3905 put spreads for 2.25. Condors sold for 1.25 this morning.
After a 10-dollar week last week, pretty disappointing this round with three losses and three wins, amounting to a 40-cent loss for the week.
Options Bistro 