#SPX1dte In pre-market, sold to open July 7th 3765/3785-3920/3940 condors for 1.50, IV 37.7%, deltas -.06 +.06
Recent Updates Page 99
NVDA
#CoveredCalls – A few today.
Bought to Close NVDA JUL 8 2022 167.5 Calls @ .05 (sold for .90)
Sold NVDA JUL 15 2022 162.5 Calls @ 1.60
Sold NVDA JUL 15 2022 165.0 Calls @ 1.16
VXX Diagonal Puts – right at the bell
Bought to open VXX Sep 15 2022 15.0 Puts at $0.19
Sold to Open VXX Jul 08 2022 22.0 Puts at $0.22 for a $0.03 Credit for the first week.
Long DTE = 72
Short DTE = 2
Bought to Open VXX Dec 16 2022 10.0 Puts at $0.20
Sold to Open VXX Jul 08 2022 22.0 Puts at $0.22 for a $0.02 Credit for the first week.
Long DTE = 163
Short DTE = 2
#VXXContango
#coveredcalls SOXL STO 17 FEB…
#coveredcalls
SOXL
STO 17 FEB 2023 18 CALL @2.21
#bearcallspreads QQQ STO 22 JUL…
#bearcallspreads
QQQ
STO 22 JUL 2022 303/305 CALL @.39
TNA Calls
Sold TNA Jul 08 2022 38.0 Calls at $0.22 and $0.25
Sold 1 TNA Jul 08 2022 38.5 Call at $0.17
All my long TNA calls are now written against
SPX 1-dte
#SPX1dte Sold to Open $SPX July 6th 3730/3750-3905/3925 condors for 1.60, IV 44.7%, deltas -.06 +.06
LABU Diagonal calls
Set up a new LABU spread
Bought LABU 07/22/2022 11.0 Calls / Sold LABU 07/08/2022 8.5 Calls at $0.15 Credit
TNA Covered Calls
Sold 1 TNA Jul 08 2022 36.5 Call at $0.34
Sold 1 TNA Jul 08 2022 36.0 Call at $0.42
TQQQ
Starting in on the diagonal Calls
Sold TQQQ Jul 08 2022 27.0 Calls at $0.27, $0.32, $0.35, $0.39 and $0.44
Sold TQQQ Jul 08 2022 27.5 Calls at $0.20, $0.22, $0.24, $0.27 and $0.31
Sold TQQQ Jul 08 2022 28.0 Calls at $0.13, $0.15 and $0.19
QQQ,
STO 310/320-210/220 August 19, iron condor at 1.81
TQQQ Covered Call Ladder
Covered call ladder for this week:
Sold TQQQ Jul 08 2022 27.0 Covered Call at $0.29
Sold TQQQ Jul 08 2022 26.5 Covered Call at $0.37
Sold TQQQ Jul 08 2022 26.0 Covered Call at $0.50
Sold TQQQ Jul 08 2022 25.5 Covered Calls at $0.64 & $0.66
Sold TQQQ Jul 08 2022 25.0 Covered Calls at $0.85 & $0.90
Sold 1 TQQQ Jul 08 2022 24.5 Covered Call at 1.09
LABU Calls
Sold LABU Jul 08 2022 8.5 Diagonal Calls at $0.35
Replacing strike 8.0 Calls that expired last Friday.
#coveredcalls SOXL STO 20 JAN…
#coveredcalls
SOXL
STO 20 JAN 2023 12 CALL @1.80
SLV Diagonal Puts
Bought SLV Aug 12 2022 15.0 Put / Sold to Open SLV Jul 08 2022 17.5 Put at $0.08 Net Credit for the first week.
Bought SLV Aug 19 2022 15.0 Puts / Sold to Open SLV Jul 08 2022 17.5 Puts at $0.07 Net Credit for the first week.
SLV is near it’s 52-week low
VXX Call Ladder
Sold 1 VXX 07/08/2022 25.5 Call at $0.15
Sold VXX 07/08/2022 25.0 Calls at $0.20 and $0.23
Sold VXX 07/08/2022 24.5 Calls at $0.18, $0.24 and $0.28
Replacing similar calls that expired Friday and paired off with this week’s 21.5 and 22.0 short puts
SOXL Diagonal Puts
Trying out my strategy on a new stock. Haven’t been in this one before.
Bought to open SOXL Jul 29 2022 8.0 Puts at $0.52
Sold to Open SOXL Jul 08 2022 11.0 Puts at $0.73 for a $0.21 Credit for the first week.
TXN Stock
Added a tiny bit of TXN at 145.50. Div = 3.1%
#SP500 #FallingKnife
SPX 1-dte
#SPX1dte In pre-market, sold to Open $SPX July 5th 3690/3710-3870/3890 condors for 1.45, IV 44.4%, deltas -.06 + .06
OptionsExpiration
LABU 8.0 Diagonal Calls
LABU 3/6.5 Bull Put Spread
LABU 3/6 Bull Put Spread
TNA 37/37.5 Covered Calls
TNA 55/37 Bear Call Spread
TNA 55/38.5 Bear Call Spread
TNA 55/39.5 Bear Call Spread
TNA 39.5 Diagonal Calls
TNA 40.0 Diagonal Calls
TQQQ 29.5/30.5/31.5/32 Covered Calls
TQQQ 43/29.5 Bear Call Spreads
TQQQ 29.5 Diagonal Calls
TQQQ 30.5 Diagonal Calls
VXX 37/23.5 Bear Call Spreads
VXX 36/23.5 Bear Call spreads
VXX 35/24 Bear Call Spreads
VXX 34/24 Bear Call Spreads
VXX 24.5 Diagonal Calls
VXX 25.0 Diagonal Calls
VXX 22.0 Diagonal Puts — #VXXContango
VXX Diagonal Puts
Bought to open VXX Aug 19 2022 17.0 Puts at $0.17
Sold to Open VXX Jul 08 2022 22.0 Puts at $0.20 for a $0.03 Credit for the first week.
Long DTE = 49
Short DTE = 7
Bought to Open VXX Oct 21 2022 12.0 Puts at $0.15
Sold to Open VXX Jul 08 2022 22.0 Puts at $0.22 for a $0.07 Credit for the first week.
Long DTE = 112
Short DTE = 7
#VXXContango
SPY SVXY TLT
#ShortPuts #CoveredCalls – Taking some profits and moving the buying power over to additional SPY positions.
Sold SPY JUL 15 2022 370.0 Put @ 5.11
Sold SPY AUG 5 2022 360.0 Put @ 6.45
Sold SVXY covered stock @ 46.77 (basis 45.15)
Bought to Close SVXY JUL 15 2022 48.0 Put @ 1.20 (sold for 2.50)
Bought to Close TLT JUL 15 2022 115.0 Put @ 1.50 (sold for 3.10)
Bought to Close TLT JUL 15 2022 116.0 Put @ 1.97 (sold for 2.90)
Bought to Close TLT JUL 15 2022 117.0 Put @ 2.55 (sold for 3.20)
Bought to Close TLT JUL 15 2022 118.0 Put @ 3.20 (sold for 3.70)
DOW HBAN
Adding to 2 high yielders at new lows
DOW at $50.00 – Div 5.43%
HBAN at $11.72 – Div 5.15%
#SP500 #FallingKnife
VXX Puts
For next week
Sold VXX Jul 08 2022 22.0 Puts at $0.16, $0.17, $0.18 and $0.19.
Sold against long Aug 16.0 Puts leftover from earlier #VXXContango spreads
LABU Calls Rolled up
Bought to close LABU Jul 01 2022 7.50 Covered Calls at $0.03. Sold on a rollup last week at $0.74
Sold to open LABU Jul 08 2022 8.0 Covered Calls at $0.22 plus a $0.50 bump in the short strike.
Bought to close LABU Jul 01 2022 7.50 Diagonal Calls at $0.05. Sold on last week at $0.52 average price
Sold to open LABU Jul 08 2022 8.0 Diagonal Calls at $0.25 plus a $0.50 bump in the short strike.
The long hedge is now paid for so playing with the house’s money
TLT XBI
#CoveredCalls – Both of these perking up a little so rolling out and up.
TLT: Rolling these to above breakeven since the bottom half of my ladder (to average down) may not get exercised in July.
Rolled TLT JUL 15 2022 114.0 Calls to AUG 19 2022 117.0 Calls @ .12 credit
XBI: Chart looking more bullish so going out and up with these.
Rolled XBI JUL 15 2022 70.5 Calls to AUG 19 2022 74.0 Calls @ .20 credit
Rolled XBI JUL 15 2022 71.0 Calls to AUG 19 2022 74.0 Calls @ .42 credit
SPY
#ShortPuts #CoveredCalls – Small opening bounce so doing these early.
SPY: More premium collection.
Calls:
Bought to Close SPY JUL 1 2022 387.0 Calls @ .05 (sold for 2.11)
Bought to Close SPY JUL 1 2022 387.5 Call @ .05 (sold for 2.35)
Sold SPY JUL 8 2022 387.0 Calls @ 1.33
Sold SPY JUL 8 2022 387.5 Call @ 1.62
Rolled SPY JUL 1 2022 380.0 Calls to JUL 8 2022 380.0 Calls @ 3.30 credit (8.80 total now)
Rolled SPY JUL 8 2022 390.0 Call to JUL 8 2022 387.0 Call @ .50 credit (2.20 toal now)
Puts:
Rolled SPY JUL 1 2022 380.0 Put to JUL 8 2022 380.0 Put @ 3.25 credit (7.25 total now)
Rolled SPY JUL 1 2022 382.5 Put to JUL 8 2022 382.5 Put @ 2.75 credit (6.10 total now)
Rolled SPY JUL 1 2022 385.0 Put to JUL 8 2022 385.0 Put @ 2.05 credit (6.30 total now)
Rolled SPY JUL 1 2022 387.5 Put to JUL 8 2022 386.0 Put @ .05 credit (5.50 total now)
Rolled SPY JUL 1 2022 390.0 Put to JUL 8 2022 390.0 Put @ 1.00 credit (8.90 total now)
VXX Calls rolled
Bought to close part of my overly large VXX Jul 01 2022 23.5 Calls at $0.06 and $0.05.
Sold on 06/28 at $0.15.
Letting the rest ride for the moment.
Replaced some of the calls with new Jul 08 Calls
Sold to Open 1 VXX Jul 08 2022 25.5 Call at $0.18 and $0.20
Sold to Open 1 VXX Jul 08 2022 25.0 Call at $0.24
Sold to Open 1 VXX Jul 08 2022 24.5 Call at $0.32
SPX 1-dte
#SPX1dte In pre-market, Sold to Open July 1st 3685/3705-3860/3880 condors for 1.40, IV 44.7%, deltas -.06 +.06
Jobs next week
Sorry about the head fake, jobs report is next Friday
NVDA SPY
#CoveredCalls – A few.
Sold NVDA JUL 8 2022 167.5 Calls @ .90
Bought to Close SPY JUL 1 2022 390.0 Call @ .05 (sold for 2.00)
Sold SPY JUL 8 2022 390.0 Call @ 1.70
VXX Calls
One last set of VXX scalp trades for tomorrow’s expiration
Sold VXX Jul 01 2022 24.5 Calls at $0.16 and $0.17
Sold VXX Jul 01 2022 24.0 Calls at $0.25 and $0.28
VXX Puts
Closed a small portion of my VXX Jul 01 2022 Puts at $0.01. Sold these at a average cost of $0.21
Holding the rest for expiration.
#VXXContango
BBY MMM VFC WBA
Adding to 4 high yielders at new lows
BBY at $65.81 – Div 5.24%
MMM at $128.00 – Div 4.59%
VFC at $44.17 – Div 4.43%
WBA at $39.14 – Div 4.67%
#SP500 #FallingKnife
BKNG DAL travel sensitive stocks
Back into BKNG again. Bought a tiny bit at $1752.63
Restarted a tiny position in DAL too at $28.76
#SP500 #FallingKnife
SPX 1-dte
#SPX1dte In Pre-market, sold to Open $SPX June 30th 3670/3690-3895/3915 condors for 1.35, IV 52.4%, deltas -.06 +.03
The call side was an error, I meant to sell the 3875
NVDA
#ShortPuts – Bought to Close NVDA JUL 1 2022 180.0 Calls @ .05 (sold for 1.15 and 1.35)
SPX 1-dte
#SPX1dte Face plant on the long condors again. Waiting for the morning before the open to consider the next trade.
TNA Covered Call rolled
Bought to close 1 TNA Jul 01 2022 40.0 Covered Call at $0.03. Sold at $0.28 last Friday.
Replaced it with 1 TNA Jul 08 2022 38.5 Call at $0.31.
The new strike is still above TNA’s best price for the last few weeks.
Plus a short trading week next week.
AAPL, Earnings are on July…
AAPL, Earnings are on July 25 and I think the stock can move at least 10 points or more after that so I BTO a put and call butterfly.
BTO 140/150/160 call
BTO 140/130/120 put for a total of 3.80 premium for August 19 expiration.
LABU Bull Put Spread
Bought LABU Aug 05 2022 3.0 Puts at $0.10
Sold LABU Jul 01 2022 6.0 Puts at $0.18 for a credit of $0.08 for the first week.
NKE NVDA Stocks
Added a couple of tiny new positions this morning at new lows.
Bought NKE at $102.75 (post earnings)
Bought NVDA at $152.16
#Sp500 #FallingKnife
VXX Calls
Sold another diagonal bear call spread, adding to my position:
Bought to Open VXX Jul 22 2022 32.0 Calls at $0.28
Sold to Open VXX Jul 01 2022 23.5 Calls at $0.39 for a $0.11 Credit for the first week.
Also
Sold 1 VXX Jul 01 2022 24.0 Call at $0.23
Sold 1 VXX Jul 01 2022 25.0 Call at $0.12
#earlyassignment SOXL July 1st @…
#earlyassignment
SOXL
July 1st @ 21.00
was a roll
SPX 1-dte
#SPX1dte Bought to Open $SPX June 29th 3700/3720-3920/3940 condors for 1.25. Taking the same approach as yesterday, even though it didn’t pan out today. Decisions on when to clese are much more difficult when going long. Had I sold at the peaks today, would have gotten 1.00 on call side and 1.60 on put side. But it seems that while my usual short strategy racks up successive small wins and occasional chunky losers, a successful long strategy would consist of multiple small losses and occasional chunky wins. A few weeks ago after we ended a multi-day rally, the first big down day was followed by a couple of bigger down days. Are we starting the next leg lower?
AMZN
#ShortPuts – Small add.
Sold AMZN JUL 15 2022 105.0 Put @ 3.15
SPX 1-dte
#SPX1dte I went long on today’s, and was hoping for a nice spike higher. Got up a bit over a dollar before retreating, so I missed fills. Now, on downside, sold half the position for .40. Holding the rest for possible deeper dive. Bought the condors for 1.25, so likely facing a loss unless we really crash today.
NVDA
#CoveredCalls – Just one little quickie this morning gathering more premium.
Rolled NVDA JUL 1 2022 185.0 Calls to JUL 1 2022 180.0 Calls @ .45 credit (1.35 total now)
TNA Call
Sold 1 TNA Jul 01 2022 38.5 Call at $1.07
VXX Puts and Calls
Sold VXX Jul 01 2022 22.0 Puts at $0.27, adding to my position
Sold VXX Jul 01 2022 24.5 Calls at $0.16
Sold VXX Jul 01 2022 25 Call at $0.11
Sold a diagonal bear call spread:
Bought to Open VXX Jul 22 2022 32.0 Calls at $0.22
Sold to Open VXX Jul 01 2022 23.5 Calls at $0.28 for a $0.06 Credit for the first week.
Sold a diagonal bull put spread
Bought VXX Sep 16 2022 14.0 Puts at $0.21
Sold to Open VXX Jul 01 2022 22.0 Puts at $0.25 for a $0.04 Credit for the first week.
Long DTE = 80
Short DTE = 3
#VXXContango
BA Stock
Sold of half of my tiny position in BA in my Roth acct at 145.54. Bought at $144.00.
Bought the other half at $127.00 and I’m holding that.
#FormerFallingKnife #RaisingCash
SPX 1-dte LONG
#SPX1dte BOUGHT to open $SPX June 28th 3775/3800-4000/4025 condors for 1.25, SPX at 3896, deltas -.04 +.04.
Looking for a chunky move in either direction tomorrow.
EWZ NVDA
#BullPutSpreads #CoveredCalls – A couple.
EWZ: Taking a low risk bullish shot. I’ll take stock if needed.
Sold EWZ AUG 19 2022 33.0/30.0 Bull Put Spreads @ 2.40
NVDA: Covered.
Sold NVDA JUL 1 2022 185.0 Calls @ .90
HUM stock
Dumped my tiny HUM stock position at $469.33, pretty near the 2022 YTD high
Bought on 01/07/2022 at $359.28.
#FormerFallingKnife #RaisingCash
SPX 1-dte
#SPX1dte In pre-market, Sold to Open $SPX June 27th 3815/3835-3995/4015 condors for 1.40, deltas -.06 +.06
BKNG Stock at the close
Sold the BKNG stock I bought yesterday. Couldn’t pass up a one day 130+ point gain
Sold a tiny bit of BKNG at $1932.40. Bought yesterday at $1,796.45
#SP500 #FormerFallingKnife
OptionsExpiration
Pretty light week after all the rolls I did to next week.
Expired:
LABU 3/5 Bull Put Spreads
TNA 58/36.5 Bear Call Spread
TQQQ 45/28 Bear Call Spread
TQQQ 44/28 Bear Call Spread
TQQQ 41.5/28 Bear Call Spread
VXX 23.0 Diagonal Puts — #VXXContango
VXX 22.5 Diagonal Puts — #VXXContango
TQQQ Calls Rolled up
Bought to close TQQQ Jun 24 2022 27.5 Covered Calls at $0.07. Sold earlier this week at $0.19.
Replaced with TQQQ 07/01/2022 30.50 Covered Calls at $0.31 plus a 3 point bump in the short strike.
VXX Puts Rolled down
Bought to close VXX Jun 24 2022 23.0 Puts at $0.11, $0.10 $0.07 and $0.05.
Sold on Wednesday at $0.13, $0.17, $0.18 and $0.19 respectively.
Partial position. Letting the rest ride until the close.
Sold VXX Jul 01 2022 22.0 Puts at $0.18, $0.20 and $0.23 to replace them.
#VXXContango
NVDA
#ShortPuts #CoveredStraddles – Rolling up an earlier put sale setting up a covered straddle.
Rolled NVDA JUL 1 2022 167.5 Put to JUL 1 2022 180.0 Put @ 7.70 credit (12.20 total now)
SPY
#ShortPuts – Still hoping to acumulate more SPY stock for long term. Pulling part of my short put ladder into nearer term where I can trade it more often and/or get assigned some stock. Most of these are offset by covered stock with the calls taking some heat.
Bought to Close SPY JUL 8 2022 375.0 Put @ 3.05 (sold for 4.00)
Bought to Close SPY JUL 15 2022 370.0 Put @ 3.56 (sold for 4.12)
Sold SPY JUL 1 2022 382.5 Put @ 3.35
Sold SPY JUL 1 2022 385.0 Put @ 4.25
Sold SPY JUL 1 2022 387.5 Put @ 5.45
BA, STO September 16, 85…
BA, STO September 16, 85 put at 1.10
AMZN ARKK NVDA SOXL SPY SVXY TQQQ
#ShortPuts #CoveredCalls #CoveredStraddles – A little of everything.
AMZN: Taking it three weeks early.
Bought to Close AMZN JUL 15 2022 95.0 Put @ .70 (sold for 3.00)
ARKK: Covered.
Sold ARKK JUL 15 2022 50.0 Calls @ 1.10
NVDA: Covered calls and short puts.
Bought to Close NVDA JUN 24 2022 165.0 Put @ .40 (sold for 5.00)
Sold NVDA JUL 1 2022 167.5 Put @ 4.50
Bought to Close NVDA JUN 24 2022 170.0 Call @ .95 (sold for 3.00)
Bought to Close NVDA JUL 1 2022 175.0 Call @ 2.64 (stopped sold for 2.30)
Bought to Close NVDA JUL 1 2022 180.0 Calls @ 1.30 (stopped sold for 1.15)
Sold NVDA JUL 1 2022 180.0 Call @ 1.15 (re-entering)
SOXL: Rolling.
Rolled SOXL JUN 24 2022 15.0 Calls to SOXL JUL 15 2022 18.0 Calls @ .10 credit
SPY: Covered Calls, short puts, and covered straddles
Rolled SPY JUN 24 2022 380.0 Calls to JUL 1 2022 380.0 Calls @ 3.05 credit (5.50 total now)
Rolled SPY JUN 24 2022 390.0 Put to JUL 1 2022 390.0 Put @ 3.30 credit (7.90 total now)
SVXY: Covered. Another setup into a covered straddle.
Sold SVXY JUL 15 2022 48.0 Call @ 1.80
TQQQ: Rolling.
Rolled TQQQ JUN 24 2022 25.0 Calls to JUL 15 2022 27.5 Calls @ even
SPX 1-dte
#SPX1dte For those of you playing along from home, yes, my call side is in trouble. The perils of having a job with a commute… missed the breach of my stop point while driving to work, then it kept going and I’m white knuckling it.
LW Stock
Sold out of my LW stock at $71.58 (near the 2022 YTD high)
Bought on 09/23/2021 at $60.00 and again on 10/12/2021 at $55.00
#RaisingCash #FormerFallingKnife
LABU Diagonal Call spreads
While waiting to roll out all my covered calls:
Bought to open LABU Jul 15 2022 9.5 Calls / Sold to Open LABU Jul 01 2022 8.0 Calls at $0.05 Credit.
Bought to close LABU Jun 24 2022 7.0 Diagonal Calls at $0.29. Sold earlier this week at $0.33.
Replaced them with LABU Jul 01 2022 7.5 Calls at $0.49 and bumped the short strike $0.50
TNA Call Rollup
Bought to close 1 TNA Jun 24 2022 36.5 Covered Call at $0.03. Sold at $0.40.
Replaced it with 1 TNA Jul 01 2022 40.0 Call at $0.28. Bumping the strike up 3.5 points.
FDX Stock
Sold off my oldest and highest cost lot of FDX at $244.82 (near the 3-month high).
Bought on 09/30/2021 at $220.00.
#RaisingCash #FormerFallingKnife
SPY
#LongStock – Selling a tiny position.
Sold SPY Stock @ 378.25 (bought for 369.50)
SPY
#CoveredCalls – Taking this a day early.
Bought to Close SPY JUN 24 2022 385.0 Call @ .34 (sold for 9.70)
Sold SPY JUL 1 2022 387.5 Call @ 2.35
SPX 1-dte
#SPX1dte Sold to Open $SPX June 24th 3680/3700-3885/3905 condors for 1.35, SPX at 3799, IV 30.25%, deltas -.06 +.06
Expiring: June 23rd 3670/3690-3845/3865 condors, sold this morning for 1.55
@fuzzballl Looks like EWZ is…
@fuzzballl
Looks like EWZ is coming back down into the range.
LABU Put rolldown
Bought to close 1 LABU 06/24/2022 7.0 Put at $0.45. Sold last week on a roll at $1.69.
Sold to open 1 LABU 07/01/2022 6.5 Put at $0.50 for a $0.05 Credit and a $0.50 lower strike.
The rest of my strike 5.0 puts should expire tomorrow. We will see about my 7.0 Covered Calls
GDX Gold miners ETF
Starting a tiny new position in GDX at $28.83, at a new YTD low.
#FallingKnife
BKNG Stock
I’ve been avoiding most non-dividend stocks but I’ve traded this one successfully before:
Bought a tiny bit of BKNG at $1,796.45
#SP500 #FallingKnife
Options Bistro 