#onlyspreads Sto VERTICAL SPY 3…

#onlyspreads
Sto VERTICAL SPY 3 OCT 2022 367/368 CALL @.18/btc .09
#spy0dte

TNA TQQQ VXX LABU Calls

Sold all these on the open replacing calls that expired Friday:
TNA Sep 30 2022 35.0 Call at $0.23
TNA Sep 30 2022 34.5 Call at $0.27
TNA Sep 30 2022 34.0 Call at $0.26

TQQQ Sep 30 2022 26.5 Calls at $0.06
TQQQ Sep 30 2022 26.0 Calls at $0.08
TQQQ Sep 30 2022 25.0 Calls at $0.19
TQQQ Sep 30 2022 24.5 Calls at $0.24
TQQQ Sep 30 2022 24.0 Calls at $0.33

VXX Sep 30 2022 22 Calls at $0.40, $0.42 and $0.44

LABU Sep 30 2022 8 Calls at $0.10
#CoveredCalls #OnlySpreads

VXX Calls

For next week
Sold VXX Sep 30 2022 23.0 Diagonal Calls at $0.45
Sold VXX Sep 30 2022 24.0 Diagonal Calls at $0.34
#OnlySpreads

VXX Puts

Rolled my largest short put position:
Bought VXX Sep 23 2022 19.5 Puts at $0.35. Sold last week on a rolldown at $1.04.
Sold to Open VXX Sep 30 2022 18.5 Puts at $0.37 for a $0.02 Credit and a full point better on the short strike.
I’m now expecting my VXX 18.5, 18.0, 17.5, 17.0 and 16.5 Diagonal Puts to expire along with 20.5, 21.0 and 21.5 short calls.
#VXXContango #OnlySpreads

TNA Puts

Rolled 1 TNA Sep 23 2022 32.0 Diagonal Put to 1 TNA Sep 30 2022 31.0 Put at $0.24 Credit

Liquidated some long Puts for small gains. These expire today.
Sold to Close 1 TNA Sep 23 2022 31.0 Put at $0.78. Bought at $0.64
Sold to Close TNA Sep 23 2022 30.0 Puts at $0.40. Bought at an average price of $0.38
#WinWin #OnlySpreads

SOXL Puts Rolled down

These spent most of yesterday out of the money. Not so much now.
Bought to close SOXL Sep 23 2022 11.5 Puts / Sold SOXL Sep 30 2022 11.0 Puts for a $0.02 Credit and a half point better on the short strike
#OnlySpreads

VXX Puts Rolled down

Bought to close VXX Sep 23 2022 19.0 Puts at $0.32. Sold last week on a rolldown at $0.63.
Sold VXX Sep 30 2022 18.0 Puts at $0.38 for a $0.06 Credit and a full point better on the short strike
#VXXContango #OnlySpreads

VXX Long term Puts

Bought VXX Nov 18 2022 12.0 Puts at $0.04.
Bought VXX Jan 20 2023 11.0 Puts at $0.15.
Bought VXX Jan 20 2023 10.0 Puts at $0.07.
Setting up additional longs to write weekly puts against
#VXXContango #OnlySpreads

These buys also lowered my option spread requirements in VXX for this week too 🙂

VXX Calls

Sold VXX Sep 23 2022 21.0 Diagonal Calls at $0.27
Sold VXX Sep 23 2022 21.5 Diagonal Calls at $0.18
#OnlySpreads

VXX Calls and Put Rolldowns

Moving on to next week:
Sold VXX Sep 23 2022 20.5 Diagonal Calls at $0.17, $0.18, $0.19 and $0.21
I’m letting this week’s 20.5 Calls expire (along with my 17.5 and 18.0 short Puts)

Bought to close VXX Sep 16 2022 20.0 Puts at $1.02. Sold last Friday on a roll at $2.20
Sold to Open VXX Sep 23 2022 19.5 Puts at $1.04 for a $0.02 Credit and dropped the short strike by $0.50

Bought to close VXX Sep 16 2022 19.5 Puts at $0.45. Sold last Friday on a roll at $1.38
Sold to Open VXX Sep 23 2022 19.0 Puts at $0.63 for a $0.18 Credit and dropped the short strike by $0.50

Gives me 19.5/20.5 and 19.0/20.5 short strangles for next week.
#VXXContango #OnlySpreads

#spy #onlyspreads btc 14 SEP…

#spy
#onlyspreads
btc 14 SEP 2022 408/412 CALL @.05 /sto.30

TNA TQQQ Put Ladder

Sold 1 TNA Sep 16 2022 34.5 Put at $0.26. The September low on TNA was 36.15 on 09/07
Replacing TNA puts that expired Friday

Sold 1 TQQQ Sep 16 2022 25.5 Put at $0.82
Sold 1 TQQQ Sep 16 2022 25.0 Put at $0.62
Sold TQQQ Sep 16 2022 23.0 Puts at $0.18
Replacing similar puts covered at a penny last Friday
#OnlySpreads

SOXL Ladder, SLV TNA VXX UVXY

Sold SOXL Sep 16 2022 13.0 Diagonal Puts at $0.65
Sold SOXL Sep 16 2022 12.5 Diagonal Puts at $0.46
Sold SOXL Sep 16 2022 12.0 Diagonal Puts at $0.30
Sold SOXL Sep 16 2022 11.5 Diagonal Puts at $0.22

Sold SLV Sep 16 2022 17.5 Puts at $0.10

Sold TNA Sep 16 2022 36.0 Diagonal Put at $0.24
Sold TNA Sep 16 2022 35.0 Diagonal Put at $0.22

Sold VXX Sep 16 2022 20.5 Diagonal Calls at $0.10
Sold UVXY Sep 16 2022 Diagonal 12.0 Calls at $0.11
#OnlySpreads

LABU TNA TQQQ UVXY VXX Ladders

Pretty much done for the week after this:

Sold LABU Sep 16 2022 10.5 Calls at $0.51 and $0.56

Sold TNA Sep 16 2022 45.0 Calls at $0.80 and $0.96
Sold TNA Sep 16 2022 46.0 Call at $0.68
Sold TNA Sep 16 2022 47.0 Call at $0.51
Sold TNA Sep 16 2022 48.0 Call at $0.35

Sold TQQQ Sep 16 2022 32.0 Calls at $0.57
Sold TQQQ Sep 16 2022 33.0 Call at $0.43
Sold TQQQ Sep 16 2022 34.0 Call at $0.27

Sold UVXY Sep 16 2022 9.0 Puts at $0.31 and $0.34
Sold UVXY Sep 16 2022 8.5 Puts at $0.12

Sold VXX Sep 16 2022 17.5 Put at $0.21
#OnlySpreads

UVXY Puts

Sold UVXY Sep 09 2022 9.0 Puts at $0.08
Starting in on next week’s #UVXYContango Trades
#OnlySpreads

#onlyspreads buy back for scratch….

#onlyspreads
buy back for scratch.
#spxcampaign
btc 6 JUN 2022 4220/4225 CALL @.35 CBOE

TNA and TQQQ Calls Rolled

Bought to close 1 TNA Jun 03 2022 44.5 Call/ Sold to Open 1 TNA Jun 10 2022 46.5 Call at $0.29 Credit plus 2 points on the short strike.
Bought to Close 1 TNA Jun 03 2022 43.5 Call/ Sold to Open 1 TNA Jun 10 2022 45.0 Call at $0.46 Credit plus 1.5 points on the short strike
Bought to close 1 TNA Jun 03 2022 43.0 Call / Sold to Open 1 TNA Jun 10 2022 44.0 Call at $0.39 Credit plus 1 point on the short strike
Bought to close TNA Jun 03 2022 41.0 Calls / Sold to Open TNA Jun 10 2022 42.0 Calls at $0.02 Credit plus a point on the short strike

Bought to close TQQQ Jun 03 2022 32.0 Calls/ Sold to Open TQQQ Jun 10 2022 33.0 Calls at $.46 Credit plus 1 point on the short strike
Bought to close TQQQ Jun 03 2022 29.0 Calls/ Sold to Open TQQQ Jun 10 2022 29.0 Calls at $.25 and $0.31 Credit

#OnlySpreads and #CoveredCalls

VXX Calls

Puts this morning, calls now
Sold VXX Jun 03 2022 25.5 Calls at $0.12 and $0.13
#OnlySpreads

TQQQ Call Ladder

Sold TQQQ 06/03/2022 35.0 Call at $0.87
Sold TQQQ 06/03/2022 35.5 Calls at $0.68 and $0.70
Sold TQQQ 06/03/2022 36.0 at $0.53
Extending yesterday’s call ladder
#OnlySpreads

TNA Scalps

Sold 1 TNA May 27 2022 42.5 Call at $0.92
Sold 1 TNA May 27 2022 43.0 Call at $0.68
Expires tomorrow
#OnlySpreads

TQQQ Call scalp

Sold TQQQ May 27 2022 31.0 Calls at $0.31 and $0.47. Expires tomorrow
#OnlySpreads

VXX Calls

Last calls for this week.
All my long VXX calls are now written against.
Sold 1 VXX May 20 2022 26.5 Call at $0.32
Sold VXX May 20 2022 27.0 Calls at $0.24
#OnlySpreads

VXX Calls

Sold a few more
Sold VXX May 20 2022 26.5 Calls at $0.24, $0.26 and $0.27
Sold VXX May 20 2022 27.0 Calls at $0.19 and $0.21
Sold VXX May 20 2022 27.5 Calls at $0.16 and $0.17
Sold VXX May 20 2022 28.0 Calls at $0.13 and $0.14
#OnlySpreads

VXX Fat finger?

At 3:54 VXX spiked over a point above it’s last trade then fell back to where it had been
Sold a few more of my short term calls that reacted to the move. Paired up with short puts sold on Monday.
Sold VXX May 20 2022 26.5 Calls at $0.22
Sold VXX May 20 2022 27.5 Calls at $0.15
Sold VXX May 20 2022 28.0 Calls at $0.12.
#OnlySpreads

TNA Call Ladder

Adding on to yesterday’s positions at better premiums
Sold 1 TNA May 06 2022 49.0 Call at $1.80
Sold 1 TNA May 06 2022 50.0 Call at $1.37
Sold 1 TNA May 06 2022 51.0 Call at $1.00
Sold 1 TNA May 06 2022 52.0 Call at $0.73
Sold 1 TNA May 06 2022 53.0 Call at $0.52
#OnlySpreads

TQQQ Call Ladder

Adding on to yesterday’s positions at better premiums
Sold 1 TQQQ May 06 2022 45.0 Call at $0.29
Sold 1 TQQQ May 06 2022 44.0 Call at $0.41
Sold 1 TQQQ May 06 2022 43.0 Call at $0.58
Sold 1 TQQQ May 06 2022 42.0 Call at $0.82
Sold 1 TQQQ May 06 2022 41.0 Call at $1.11
#OnlySpreads

VXX Calls

Sold 1 VXX May 06 2022 32.0 Call at $0.60
Sold 1 VXX May 06 2022 34.0 Call at $0.35
Sold 1 VXX May 06 2022 35.0 Call at $0.25
Sold 1 VXX May 06 2022 36.0 Call at $0.25
Replacing similar calls that expired Friday at lower strike prices.
#DoubleDip #OnlySpreads

TNA Call Ladder

Sold TNA May 06 2022 55.0 Covered Call at $0.25
Sold TNA May 06 2022 54.0 Covered Call at $0.38
Sold TNA May 06 2022 53.0 Covered Call at $0.47
Sold TNA May 06 2022 52.0 Diagonal Call at $0.63
Sold TNA May 06 2022 51.0 Diagonal Call at $0.80
Sold TNA May 06 2022 50.0 Diagonal Call at $1.08
Sold TNA May 06 2022 49.0 Diagonal Call at $1.46
#OnlySpreads

TQQQ Call Ladder

Sold TQQQ May 06 2022 46.0 Covered Calls at $0.13
Sold TQQQ May 06 2022 45.5 Covered Calls at $0.19
Sold TQQQ May 06 2022 45.0 Covered Call at $0.24
Sold TQQQ May 06 2022 44.0 Diagonal Call at $0.35
Sold TQQQ May 06 2022 43.0 Diagonal Call at $0.46
Sold TQQQ May 06 2022 42.0 Diagonal Call at $0.64
Sold TQQQ May 06 2022 41.0 Diagonal Call at $0.85
#OnlySpreads

SPX

#onlyspreads

SOLD 13 MAY 2022 4445/4450 CALL @.75

VXX Call Ladder

Sold VXX Apr 29 2022 27.5 Calls at $0.42, $0.57 & $0.80
Sold 1 VXX Apr 29 2022 28.0 Call at $0.42
Sold VXX Apr 29 2022 28.5 Calls at $0.38, $0.49 & $0.52
Sold 1 VXX Apr 29 2022 29.0 Call at $0.45
#OnlySpreads

LABU Puts

Sold LABU Apr 29 2022 10.0 Puts at $0.72 & $0.89

Somewhat later, Sold 1 LABU Apr 29 2022 9.5 Put at $0.68
#OnlySpreads

Late Trades

Started a tiny new position in ISRG at $254.00, a new low after #Earnings
#SP500 #FallingKnife

Sold VXX Apr 29 2022 28.5 Diagonal Calls at $0.46
VXX closed at $26.15. Five days to expiration (DTE)
#OnlySpreads

VXX Call Ladder continued

Sold VXX Apr 29 2022 29.0 Calls at $0.28, $0.33, $0.34, $0.35 & $0.41
Sold VXX Apr 29 2022 29.5 Calls at $0.28 & $0.33
#OnlySpreads

VXX Call Ladder

Back to selling calls
Sold VXX Apr 29 2022 27.5 Calls at $0.49
Sold VXX Apr 29 2022 28.0 Calls at $0.34 & $0.35
Sold VXX Apr 29 2022 28.5 Calls at $0.38
#OnlySpreads

TQQQ and TNA Calls

Sold 1 TQQQ Apr 22 2022 51.5 Call at $0.85
Sold 1 TQQQ Apr 22 2022 52.5 Call at $0.60

Sold 1 TNA Apr 22 2022 60.0 Call at $1.73
Sold 1 TNA Apr 22 2022 61.0Call at $1.22
Sold 1 TNA Apr 22 2022 62.5 Call at $0.71
#OnlySpreads

TQQQ Calls

Sold TQQQ Apr 22 2022 49.5 Calls at $0.73
#OnlySpreads

LABU Puts

Sold LABU 04/22/2022 13.0 Diagonal Puts at $0.67 and $0.70, replacing similar puts that expired Friday.
#OnlySpreads

VXX Calls

Dumping some long calls (fully paid for ) that expire this shortened week. No trading Friday.
Sold to Close:
VXX Apr 14 2022 41 Call at $0.17
VXX Apr 14 2022 42 Call at $0.10
VXX Apr 14 2022 43 Calls at $0.10
VXX Apr 14 2022 44 Calls at $0.10
VXX Apr 14 2022 49 Calls at $0.12.

Then, sold some calls against other leftover long calls:
VXX Apr 14 2022 30 Call at $0.36
VXX Apr 14 2022 29.5 Call at $0.38
VXX Apr 14 2022 28.5 Call at $0.46
VXX Apr 14 2022 28 Call at $0.50
VXX Apr 14 2022 27.5 Call at $0.55
VXX Apr 14 2022 27 Call at $0.64
Replacing similar calls that expired Friday
#OnlySpreads

TNA Call

On the flash move up after the fed:
Sold 1 TNA Apr 08 2022 61.0 Call at $0.81
#OnlySpreads

VXX Call Ladder

Sold VXX Apr 08 2022 30.0 Calls at $0.19
Sold VXX Apr 08 2022 31.0 Calls at $0.15
Sold VXX Apr 08 2022 32.0 Calls at $0.13
Sold VXX Apr 08 2022 33.0 Calls at $0.12
#OnlySpreads

LABU Calls

Sold more LABU Apr 08 2022 19.5 Diagonal Calls at $0.86
#OnlySpreads

VXX Calls

Tiptoeing back into the call side
Sold VXX Apr 08 2022 25.0 Diagonal Calls at $0.72, $0.82, $0.88 and $0.91
Paired with puts I sold last Friday.
#OnlySpreads

More TQQQ

Rolled this week’s TQQQ Apr 01 2022 51.0 Calls to next week’s TQQQ Apr 08 2022 51.5 Calls at $0.02 Credit and added $0.50 to the short strike.
#OnlySpreads

TNA Call

Sold 1 TNA Apr 01 2022 68.0 Call at $2.68.
#OnlySpreads

VXX Puts

I was selling calls with both hands yesterday. Balancing those out a bit with VXX Puts today
Sold VXX Apr 01 2022 22.0 Puts at $0.21
Sold VXX Apr 01 2022 21.5 Puts at $0.14 & $0.16
Sold VXX Apr 01 2022 21.0 Puts at $0.12
#VXXContango #OnlySpreads

LABU Puts

Sold Calls earlier, switching to puts now
Sold 1 LABU Apr 01 2022 13.5 Put at $0.33
#OnlySpreads

TLRY Calls

Sold TLRY Apr 01 2022 11.0 Calls at $0.38
#OnlySpreads

VXX Crazy

Sold these with the stock around 28.50
1 VXX Apr 01 2022 50.0 Call at $0.55
1 VXX Apr 01 2022 49.0 Call at $0.57
1 VXX Apr 01 2022 48.0 Call at $0.61
1 VXX Apr 01 2022 47.0 Call at $0.63
1 VXX Apr 01 2022 46.0 Call at $0.79
The VIX is up only 4%. VXX is up 13% so the short squeeze is still in effect on VXX because they are not creating new shares
#OnlySpreads

#vxxcontango, #winwin

VXX Calls

Sold VXX Apr 01 2022 30.0 Calls at $0.95, adding to my position and replacing similar calls that expired Friday.
Used the cash to buy VXX Apr 14 2022 48.0 Calls at $0.91
#OnlySpreads

TQQQ Call Ladder

Sold TQQQ Apr 01 2022 61.0 Calls at $0.45
Sold TQQQ Apr 01 2022 58.0 Call at $1.59
Sold TQQQ Apr 01 2022 57.0 Calls at $2.11
Sold TQQQ Apr 01 2022 56.0 Calls at $2.53
#OnlySpreads

LABU Call Ladder

Sold all these:
LABU Apr 01 2022 18.0 Calls at $0.35 & $0.40
LABU Apr 01 2022 17.5 Calls at $0.45 & $0.55
LABU Apr 01 2022 17.0 Calls at $0.55 & $0.70
replacing similar calls that expired Friday
#OnlySpreads

VXX Short Squeeze??

Sold to close 1 old long VXX Mar 18 2022 55.0 Call at $1.32. Bought this as the long side of an old diagonal Call spread at $0.90 on 1/31.

I continued selling:
Sold 1 at $1.79 and at $2.19 and at $2.39
There have been several trading stops along the way, with the last one just under 40.

#onlyspreads

RSX Diagonal Puts

Bought to Open RSX May 20 2022 3.0 Puts at $0.55
Sold to Open RSX Mar 04 2022 6.5 Puts at $0.70 for a $0.15 Spread Credit
Long DTE = 79
Short DTE = 2
If this war drags on in the Russian Markets stay closed, I should get multiple re-writes on the long.
#OnlySpreads

VXX Call Ladder

Sold VXX Mar 04 2022 33.0 Calls at $0.22 & $.028
Sold VXX Mar 04 2022 32.0 Calls at $0.22 & $0.27
Sold VXX Mar 04 2022 31.0 Calls at $0.27 & $0.40
Sold 1 VXX Mar 04 2022 30.0 Call at $0.40
Sold 1 VXX Mar 04 2022 29.0 Call at $0.48
Sold against leftover long calls from old Diagonal call spreads
#OnlySpreads

VXX Calls

Sold to open VXX Feb 25 2022 28.0 Calls at $0.94.

In lieu of writing any more short VXX calls I dumped some of my old long (Fully paid for) hedges at gains.
Sold to close VXX Feb 25 2022 30.0 Calls at $0.62. Bought on 02/10 at $0.29
Sold to close VXX Feb 25 2022 31.0 Calls at $0.40. Bought on 02/08 at $0.26.
I’m guessing both of these old longs would have expired worthless.
VXX high so far today is 27.45
#OnlySpreads

TQQQ Diagonal Call Ladder

In case this rally runs out of gas or we hit another air pocket like Friday:
Bought to Open 1 TQQQ Mar 04 2022 65 Call at $0.71
Sold to Open 1 TQQQ Feb 18 2022 57.5 Call at $1.49

Bought to Open 1 TQQQ Mar 04 2022 66 Call at $0.58
Sold to Open 1 TQQQ Feb 18 2022 58 Call at $1.28

Bought to Open 1 TQQQ Mar 04 2022 67 Call at $0.44
Sold to Open 1 TQQQ Feb 18 2022 58.5 Call at $1.05

Bought to Open 1 TQQQ Mar 04 2022 68 Call at $0.34
Sold to Open 1 TQQQ Feb 18 2022 59 Call at $0.83

Bought to open TQQQ Mar 04 2022 70 Calls at $0.22
Sold to Open TQQQ Feb 18 2022 60 Calls at $0.59

I have plenty of long TQQQ stock and short TQQQ puts if the rally continues. (and I can roll the short calls up if necessary)
#OnlySpreads

VXX Call Ladder

On the VIX run to 31.50 at 2pm(VXX peak at 24.80)
Sold 1 VXX Feb 18 2022 29 Call at $0.76
Sold 1 VXX Feb 18 2022 29.5 Call at $0.58
Sold 1 VXX Feb 18 2022 30 Call at $0.73
#OnlySpreads

VXX Calls

On the run to 23 in VXX:
Sold VXX Feb 18 2022 27.0 Calls at $0.70 and $0.82
EDIT:
Added:
Sold 1 VXX Feb 18 2022 27.5 Call at $0.80
Sold 1 VXX Feb 18 2022 28.0 Call at $0.77

Back in January, the VIX got briefly above 37(currently 29.45) and VXX only got to 27.84
#OnlySpreads

TSLA Call

One final rollup before earnings
Bought to close 1 TSLA Jan 21 2022 965.0 Call at $60.52. Sold last Friday on a rollup at $72.67.

Sold to Open 1 TSLA Jan 28 2022 1,000.0 Call at $60.67, added 35 points to the strike price and still got a small credit.
Hedged with a couple of Feb monthly long calls.
TSLA trading at 1025
#OnlySpreads

XLV Puts

Rolling down these puts again for a credit
Bought to close XLV Jan 21 2022 135.0 Puts / Sold to Open XLV Jan 28 2022 134.5 Puts at $0.12 Credit.
Sold these against March long puts. Plenty of rolls left.
#OnlySpreads

My short XLV 132 and 130 puts are looking like they will expire tomorrow unless the market collapses again.

TNA TQQQ Calls

Sold TNA Jan 21 2022 70.0 Diagonal Calls at $0.42
Sold TQQQ Jan 21 2022 70.0 Diagonal Calls at $0.37
I’ve got a lot of short puts in both. Daring Mr. Market to come get these 🙂
#OnlySpreads

KOLD1 Put

These are harder to trade since the reverse split(very illiquid) but I was able to roll the strike price down 10% for next month.
Bought to close KOLD1 Jan 21 2022 11.0 Puts / Sold to Open KOLD1 Feb 18 2022 10.0 Put at $0.02 Credit
Long May and August Puts that are fully paid for as the hedge.
#OnlySpreads

PS: My KOLD1 Jan 9.0, 8.0 and 7.0 short puts will expire tomorrow.

TNA Put

Sold 1 TNA Jan 21 2022 66.0 Diagonal Put at $2.07
#OnlySpreads

TNA Put

Sold 1 TNA Jan 21 2022 69.0 Diagonal Put at $2.20
#OnlySpreads

New TSLA Call

Sold 1 TSLA Jan 21 2022 1150.0 Diagonal Call at $5.05.
Holding a long TSLA Feb 1200 call as a hedge.
#OnlySpreads

RIVN Puts Closed and Rolled

Bought to close 1 RIVN Jan 14 2022 75.0 Put at $0.01.
Sold on Monday at $2.36
This is at least a #TripleDip sale against a long Jan 65 put.

Rolled this week’s RIVN 83.0 Diagonal Puts to next week’s 80.0 puts for a $0.02 Credit.

My paired short diagonal Calls will expire.
#OnlySpreads

TQQQ

Nice recovery today that is taking most of my short puts back out of the money. Still, I need it a bit higher.
Sold 1 TQQQ Jan 14 2022 157.5 Diagonal Call at $1.03
Sold 1 TQQQ Jan 14 2022 159.0 Diagonal Call at $0.93
#OnlySpreads

XLV Put spreads again

Bought to open XLV Mar 18 2022 115 Put / Sold to Open XLV Jan 14 2022 132.5 Put at $0.08 Credit
Bought to open XLV Mar 18 2022 116 Put / Sold to Open XLV Jan 14 2022 132.5 Put at $0.10 Credit
#OnlySpreads

VXX Puts

Looking to replace puts for this week that are just about to expire
Sold VXX 01/14/2022 17.0 Puts @ 0.07
Sold VXX 01/14/2022 17.5 Puts @ 0.15 and $0.16.
I’m long plenty of Jan 21st puts to hedge these.
#OnlySpreads

A whole lota TSLA goin’ on

Bought to close TSLA 01/07/2022 885.0 Puts at $0.02

Closed both sides of my TSLA 880/1015 Diagonal Calendar Bull Put spread at a Credit of $1.75.
Sold this spread on Wednesday for a small Credit so a #WinWin as I had a gain on both sides of the spread.

Then I sold 1 TSLA Jan 14 2022 840.0 Diagonal Put at $1.60 against long Jan monthly Puts.
#OnlySpreads

TSLA Call major rollup

Bought to close 1 TSLA Jan 07 2022 1,015.0 Diagonal Call at $8.87. Sold on a rollup last Friday at $65.31.
Sold to Open 1 TSLA Jan 14 2022 1,100.0 Call at $10.24.
A credit of $1.37 and a giant 85 Point jump in the short strike. The new strike is above today’s high of 1080.93.
My long Feb TSLA Call has now been more than paid for as we approach #Earnings in a couple of weeks.
#OnlySpreads

VXX Calls

Starting in on next week’s writes
Sold VXX Jan 14 2022 21.0 Diagonal Calls at $0.63 and at $0.74
#OnlySpreads

TSLA Put

Sold 1 TSLA Jan 07 2022 1015.0 Diagonal Put at 1.68.
I have a short call I’ve been rolling at the same strike, so no downside worries.
#OnlySpreads

RIVN Diagonal Put

Bought to open 1 RIVN Feb 04 2022 70.0 Put / Sold to Open 1 RIVN Jan 07 2022 90.0 Put at $0.52 Net Credit.
I’m already short a RIVN 107 Call I sold yesterday at $2.72, so ahead of the game so far.
#OnlySpreads