Closed Early $WYNN/Earnings Trade $LRCX/Rolling $NVDA/Short Puts $ADBE

$WYNN BTC 10/20 148 put @ 2.00 STO 10/6 @ 5.40
$LRCX STO 10/20 185/195 BUPS @ 2.76
$ADBE STO 11/17 145/150 BUPS @ 1.60
$NVDA 10/20 185 put to 10/20 195 put @ added 1.19 credit. Thank you @ramie77. Now if we can get the short calls corralled.

RH no longer flying

AAOI still tanked, however.


Not much relief for the short

#OptionsExporation #VXXGame #SPXstrategy
Only expiration is a long $SPX Oct 6th 2400/2375 put spread. Bought it last week for the bargain price of .20. Other than that, closed $VXX Oct 6th 44 puts for 6.53 (avg price). These are the “covered” puts against #LongPutDiagonals. This one’s gotten rough. Will have to figure a way of #Rolling later.

Have a good weekend all! I will be on or near the beach.

Rolling (the dice?) With WYNN

$WYNN BTC 10/6 148 put and STO 10/20 148 put @ 1.15 credit

SPX trades

My #ITMroll for the day: Closed $SPX Oct 4th 2470/2495 call spreads for 21.95. Sold for 20.05 last Thursday. #Rolling to Oct 11th 2475/2500… missed the highs so waiting.

Sold a couple NTM put spreads to offset my call spread positions:
Sold Oct 6th 2485/2460 put spreads for 2.80
Sold Oct 9th 2500/2475 put spreads for 5.40

Stopped: Oct 9th 2510/2535 call spreads for 7.70. Sold for 7.50 on Sep 18th. At least that was almost break-even… will add to the list of rolls I need!

VXX rolling

#VXXGame #LongPutDiagonals #Rolling #StrangleRoll
As $VXX and $UVXY continue to bleed out, I’m rolling my last ITM puts into strangles.

BTC VXX Sep 22nd 47 puts for 5.75.
Sold VXX Oct 20th 44/50 strangle for 5.86
Sold VXX Oct 20th 43/46.5 strangle for 5.45

I’ll see another next week. Managing the weeklys on this long trade has gotten messy, but it keeps me busy!

VXX rolls

#VXXGame #LongPutDiagonals
BTC $VXX Sep 22nd 44 puts, #Rolling: Sold Oct 13th 42 puts, .24 credit
BTC $UVXY Oct 6th 27.5 puts, #Rolling: Sold Oct 27th 25.5 puts, .15 credit

BTC UVXY Dec 91 call for 1.15. Sold for 8.00 on Aug 17th.