SPX roll

#SPX 1-dte . Buying to close $SPX Nov 29th 3165/3185 call spreads for .80. Condors sold for .85 this morning, so (hopefully) the .05 profit will cover commissions. If it doesn’t fill, I will have to up my bid.

#ReverseRoll Sold to Open Nov 29th 3135/3115 put spreads for .60.


#SPX Morning. Been a while….

#SPX Morning. Been a while. Actually a long while. I’ve been getting the income portfolio set and deciding on whether and where to go next. Individual stocks, options, index spreads or even nothing at all. Spreads look to be the winner. Just can’t seem to master that swing trade / short term trade mind set. And rattling my cage, working in the garden, pulling weeds and walking the dog just doesn’t satisfy this old researcher’s mind. So I’ll see how this goes. Closed my two SPX call spreads, Oct 25th 3040/3050 and Oct 28th 3045/3055 this morning for 60% profits. Hopefully I can get WordPress to behave a little better using Firefox.

#spx look out below!

#spx look out below!

SPX Trade


STO qty 2 Aug 19 SPX BUPS 2815/2915 @ 16.42

Almost escaped

#SPX1dte SPX ended the day right on the line…. my 2945 short calls will likely settle with a debit of 19 to 50 dollars. Condors sold yesterday for .80.


Spx Trades


BTC Sept 21st 2750 short puts at 7.70, as ES tagged its high point earlier this morning, sold prev on 8-16 for 14.20…
gain near the 50% mark..

Resold the same puts for 7.50, for the rest of the premium against the original long side…
that gives me a 50% profit now, and the other half when it expires or is worth very little…

these were sold as SPX bottomed after my aug 9th reversal call…timing is everything …

spx chart

SPX Trades


BTC Aug 24th 2725 Short puts, @ 2.20, sold prev @ 9.35
Closes that weekly trade out at +9.60…..

BTC Sept 7th 2725 short puts at 5.50, sold prev at 13.00
resold the same puts for 5.40 for the rest of the prem they have….

BTC sept 14th 2725 short puts at 7.50, sold prev for 16.00
Resold the same puts for another 7.40 in premium..