#BearPutSpreads – Since I’m still net long overall throwing a futures hedge out there to help a little on any further downside. I would probably close these early if we recover above the 50 day for a few days.

Bought /ES MAR 23 3500/3300 Bear Put Spreads @ 29.00

#BearPutSpreads – To make room for a FAS position in this account something has to go. Tired of looking at these so booking them. Been gradually reducing basis for awhile now so decent gains.

Sold VXX JAN 18 2019 50.0/30.0 Bear Put Spreads @ 12.80 (bought for 10.10)
Sold VXX JAN 18 2019 45.0/35.0 Bear Put Spreads @ 6.47 (bought for 6.01)

Using VXX buying power to start a half position in FAS in this account….

Bought FAS JAN 17 2020 62.0 Calls @ 14.25

Sold FAS MAY 11 2018 63.5 Calls @ .85

#BearPutSpreads – I’ve been selling against my Jan 2019 50/30 Bear Put Spreads….trying to gradually cover the debit.

Sold VXX MAY 4 2018 39.0/35.0 Bull Put Spreads @ .71

#BearPutSpreads – I’ve been selling against my Jan 2019 50/30 Bear Put Spreads….trying to gradually cover the debit. Volatility trying to come down a little so I’m getting out of the way for awhile. Small loss here but the original debit has already been reduced from 12.15 to 11.65. Only need VXX below about 38.35 by next Jan.

Bought to Close VXX APR 13 2018 46.0 Puts @ .76 (sold the 46/41 spreads @ .63)

Of course I’m early…VXX heading back up now… 😦

#BearPutSpreads – Selling against my Jan 2019 50/30 Bear Put Spreads….trying to gradually cover the debit.

Sold VXX APR 13 2018 46.0/41.0 Bull Put Spreads @ .63

#BearPutSpreads – One fill today on the short side of BuPS sales to finance BePS

Bought to Close VXX MAR 23 2018 38.0 Puts @ .01 (sold for .53 as part of 38/33 BuPS)

#BearPutSpreads – Selling against my Jan 2019 50/30 Bear Put Spreads….trying to gradually cover the debit.

Sold VXX MAR 23 2018 38.0/33.0 Bull Put Spreads @ .53

#BearPutSpreads – Closing the the short side of 38/33 Bull Put Spreads. Originally sold for .62 as basis reduction on Jan 2019 50/30 Bear Put Spreads. Basis is now 11.53 with a goal of reducing it to zero by expiration.

Bought to Close VXX MAR 9 2018 38.0 Puts @ .01 letting 33 strike long side expire.

#BearPutSpreads – I’ll take a shot. Only 25 cents per week in sales to cover it. That’s almost 10 dollars out of the money to sell those now (for next week) I’m waiting a couple days for my initial sale though.

Bought to Open VXX JAN 18 2019 50.0/30.0 Bear Put Spreads @ 12.14

EDIT….just a heads up here. You’ll be margined for any weekly put sale that’s above the long side of the spread since the computer thinks it’s capping the potential gains.