MU Earnings Closed / NUGT Puts Closed Finally / SPX Expired

#shortstrangles #earnings
$MU BTC 1/17 1/17 45/60 Strangle @ .20. STO at .83. Thank you @jsd501

#shortputs
$NUGT BTC 1/10/2020 32.5 pus at .88. STO at 2.68. This is a culmination of rolls since 10/18.
Ended up making less than 1 per contract. Or I earned .40 an hour for rolling. 😉

#spx1dte #Whew!
$SPX 3195/3215/3260/3280 expired. STO @ 1.75. Thank you @jeffcp66

SPX 1-dte

#SPX1dte Sold $SPX Dec 31st 3155/3175-3255/3275 condors for .80, IV: 10.48%, SPX 3223.

Stops breached.

#SPX1dte . Stops have been breached on all three of the put spreads I’m holding. Looking to exit, but also have to run out for awhile.

SPX 1-dte

#SPX1dte Stopped at the car charger in Rawlins, WY, to place the trade:

Sold $SPX Dec 30th 3195/3215-3250/3270 condors for .85. IV: 5.64%, SPX 3234.

Man, my exit this morning really sucked. Had to hit the road early so I couldn’t wait, but I’ve so many times seen futures up before the open, and then just sail higher after the bell. Happened exactly the opposite way today, so I got shafted. Fortunately, it wiped out only a couple of trades from a pretty good string these last few weeks.

SPX stopped

#SPX1dte Should rolled this into a long call spread at the close yesterday…

BTC $SPX Dec 27th 3250/3270 call spreads for 3.30. Condors sold yesterday for .80. This will break me even on this trade plus the put spread for 12/31.

Driving today so I had to get out when I could… cheaper exit available now.

SPX 1-dte

#SPX1dte Sold $SPX Dec 27th 3195/3215-3250/3270 condors for .80.

IV: 5.69%, SPX 3234, deltas: .09 each side. Still more aggressive than my usual .06-.07, but I don’t anticipate big moves until after holidays.

SPX 7-dte

#SPX1dte Sold $SPX Dec 31st 3200/3175 put spreads for 2.60. 7-dte by calendar but only 4 trading days.

Likely expiring today: Dec 24th 3200/3210-3245/3255 condors, sold yesterday for .45.

SPX 1-dte

#SPX1dte Sold to Open $SPX Dec 24th 3200/3210-3245/3255 condors for .45, 10-wide, double sized. Last year’s Xmas Eve plunge notwithstanding, I’m betting against any big moves tomorrow.

Expiring:
Dec 23rd 3185/3195-3245/3255 condors, sold Friday for .40
Dec 23rd 3160/3135 put spreads, sold last Tuesday for 2.00

SPX 1-dte

#SPX1dte Sold $SPX Dec 23rd 3185/3195-3245/3255 condors for .45, 10-wide, double sized position. Did this on my Mac while Tesla was in Auto Pilot. Not recommended, but I forgot to do it while we were stopped.

SPX stopped

#SPX1dte BTC $SPX Dec 20th 3230/3250 call spreads for .40. Condors sold yesterday for .75.

Stop was breached at the open. Hitting the road today so won’t be able to manage much.

SPX 1-dte

#SPX1dte Sold $SPX Dec 20th 3160/3180-3230/3250 condors for .75, IV 8.97%, SPX 3205. Another slightly aggressive one with deltas at .10/.08

SPXpire

#SPX1dte Expiring: $SPX Dec 18th 3150/3170-3220/3240 condors, sold yesterday for .80.

SPX 1-dte

#SPX1dte Sold $SPX Dec 18th 3150/3170-3220/3240 condors for .80, IV 7.89%, SPX 3195.

Since Upside Warning s firing today, this leans bullish, with usual .06 delat on call side but .10 on put side.

SPX 6-dte

#SPX1dte In honor of likely Upside Warning: Sold $SPX Dec 23rd 3160/3135 put spreads for 2.00.

SPX closed

#SPX1dte BTC $SPX Dec 16th 3200 calls for .20. Condors sold for .80 on Friday.

SPX 1-dte

#SPX1dte Sold to Open $SPX Dec 16th 3090/3110-3200/3220 condors for .80. IV 9.21%, SPX 3168.

Expiring: Dec 13th 3090/3110-3205/3225 condors, sold yesterday for .80.

SPX 1-dte

#SPX1dte Sold to Open $SPX Dec 13th 3090/3110-3205/3225 condors for .80. IV: 12.95%, SPX 3167

SPX calls stopped

#SPX1dte BTC $SPX Dec 16th 3200/3225 call spreads for 1.80. Condors sold for 1.75 on Monday. I’ll look to close the puts before the weekend.

SPXpire

#SPX1dte Expired today: $SPX Dec 11th 3075/3095-3160/3180 condors, sold yesterday for 1.05.

IV and premium high this week due to Sunday’s tariff deadline. I have a 7-dte expiring Monday that has not changed in price despite two days passing and no movement in SPX.

SPX 1-dte

#SPX1dte Sold to Open $SPX Dec 11th 3075/3095-3160/3180 condors for 1.05. IV: 10.67%, SPX 3136.

SPX 7-dte

#SPX1dte Sold to Open $SPX Dec 16th 2985/3010-3200/3225 condors for 1.75, IV 14.25%, SPX 3142.

Expiring today:
Dec 9th 3095/3105-3175/3185 condors, sold Friday for .45
Dec 9th 3190/3215 call spreads, sold in a condor last Monday, put side was rolled to:
Dec 9th 3150/3175 call spreads, sold Tuesday for 1.60

SPX 1-dte

#SPX1dte Sold to Open $SPX Dec 9th 3095/3105-3175/3185 condors for .45. 10-wide, doiuble sized position. IV: 7.01%, SPX 3149.

SPX stop-loss

#SPX1dte BTC $SPX Dec 6th 3145 calls for 2.60. Condors sold yesterday for .80

SPX 1-dte

#SPX1dte Sold to Open $SPX 3055/3075-3145/3165 condors for .80. IV: 10.10%, SPX 3115.

SPX closed

#SPX1dte Bought to close $SPX Dec 4th 3120 calls for .20. Condors sold yesterday for .80.

SPX 7-dte stopped

#SPX1dte BTC $SPX Dec 9th 3025/3000 put spreads for 1.90, at the close. Condors sold yesterday for 1.75. Letting the 3190/3215 call side expire.

#ReverseRoll Sold $SPX Dec 9th 3150/3175 call spreads for 1.60. Believing there is more downside ahead, but will be wary of a big up day, which is always possible in volatile times.

SPX 1-dte

#SPX1dte Sold to Open $SPX Dec 4th 3010/3030-3120/3140 condors for .80, IV: 13.26%, SPX 3086

SPX Closed

#spx1dte
Two tranches
$SPX BTC 3095/3115 at .40. STO at 1.05
$SPX BTC 3095/3115 at .30. STO at .55

The call side of one tranches (3165/3185) expired. STO at .45

Thank you @jeffcp66 for the excitement. 🙂

SPX closed

#SPX1dte BTC $SPX Dec 2nd 3115/3095 put spreads for .25. Sold Friday for .50.

Expiring: Dec 2nd 3165/3185 call spreads, sold Friday for .50

SPX 7-dte

#SPX1dte Sold $SPX Dec 9th 3000/3025-3190/3215 condors for 1.70, IV 11.65%, Exp move: +/-43.12, SPX 3134.

Haven’t done a multi-dayer in a few weeks, and I’m going with .06-.08 delta range.

SPX 1-dte

#SPX1dte Unsurprisingly, I got the intraday move exactly backwards. Was planning to sell call spread when index went higher, but instead I’m stuck selling it lower. Sold call side for .50, so now my trade for Monday is:

Sold $SPX Dec 2nd 3095/3115-3165/3185 condors for 1.00.

Expiring: Nov 29th 3135/3115 put spreads, sold Wednesday for .60.

SPX 1-dte

#SPX1dte Sold $SPX Dec 2nd 3115/3095 put spreads for .50, IV 6.19%, SPX 3147.

Will sell call side on a move higher.

SPX 1 DTE /

#spx1dte
$SPX STO 11/29 3110/3130/3170/3190 for .80. Thank you for the concept @jeffcp66. Sold after the bell.

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.

#spx1dte

SPX 1-dte

#SPX1dte Sold $SPX Nov 29th 3090/3110-3165/3185 condor for .85, IV 6.42%, SPX 3144.

Trying something different: selling in the morning so I can grab some premium before it evaporates. I don’t expect SPX to move too much in the next day and a half of holiday trading.

No SPX

Not enough premium so I did not sell #SPX1dte.

SPX stopped

#SPX1dte Bought to close $SPX Nov 25th 3130 calls for 1.85. Condors sold Friday for .85.

SPX 1-dte

#SPX1dte Sold to Open $SPX Nov 25th 3055/3075-3130/3150 condors for .85, IV: 5.90%, SPX: 3108.

Expiring: Nov 22nd 3060/3070-3130/3140, sold yesterday for .45.

SPX 1-dte

#SPX1dte Sold to Open $SPX 3060/3070-3130/3140 condors for .45. Ten-wide, double-sized position.
IV: 8.80%, SPX 3106

SPX stopped

#SPX1dte Stopped $SPX Nov 20th 3095/3075 put spreads for 1.60. Condors sold yesterday for .95. Fortunately got a bounce from the lows, but not risking another plunge.

I will let call side expire.

SPX 1-dte

#SPX1dte Sold to Open $SPX Nov 20th 3075/3095-3140/3160 condors for .95, IV: 7.44%, SPX 3124.

SPX 1-dte

#SPX1dte I’m legging in as I feel the index may continue higher into the close.

Sold $SPX Nov 18th 3085/3065 put spreads for .55. IV 5.98%, SPX 3115.

Will look to sell call side on a spike higher, or perhaps skip it since IV and premium is so low.

SPX 1-dte

#SPX1dte Sold to Open $SPX Nov 15th 3045/3065-3120/3140 condors for .70, IV 8.62%, SPX 3096

LABU CC Rolled / SPX 1 DTE Expired

#coveredcalls
$LABU BTC 11/29 40 calls to 12/6 42 for .40 debit.

#spx1dte
$SPX 3050/3060/3110/3130 expired. STO at .50. Thank you @jeffcp66

SPX 1 dte

#SPX1dte Sod to Open $SPX Nov 13th 3050/3060-3110/3120 condors for .50. Ten-wide, double position.
IV 7.61%, SPX 3088.

SPX 4-dte closed

#SPX1dte Bought to close $SPX Nov 15th 3050/3025 put spreads for 1.35. Sold yesterday for 1.75. I’m not liking the look of today’s action, so not going to let this get worse.

SPX 4-dte

#SPX1dte Sold to Open $SPX Nov 15th 3050/3025 put spreads for 1.75, IV 9.37%, SPX close 3087
Sold this after the bell. I was wrong about a rally today but still think we have higher to go before this peters out.

Expiring today: 3065/3046 put credit spread and 3110/3125 call debit spread, trades placed Friday for net credit of .40.

SPX 1-dte risk reversal

#SPX1dte After getting stopped out on call side last Friday and Monday, I am taking a bullish bet for Monday, since yesterday and today SPX was nearly flat. Time for another surge.

Sold to Open $SPX Nov 11th 3065/3045 put spread for .68 credit
Bought to open Nov 11th 3110/3125 call spreads for .28 debit

I did the above as one trade for a .40 credit. If we gap open I will look to sell the call spread early.

SPX 1-dte

#SPX1dte Sold to Open $SPX Nov 8th 3040/3060-3110/3130 condors for .80, IV 7.69%, SPX 3085

SPXpire

#SPX1dte Expiring: $SPX Nov 6th 3040/3050-3100/3110 condors, sold yesterday for .50.

SPX 1-dte

#SPX1dte Sold to Open $SPX 3040/3050-3100/3110 condors for .50, 10-wide, double sized.
IV 7.31%, SPX 3078.

SPX stopped

#SPX1dte This rally is fierce; about the time I decide to stop selling the call side will probably mark the top.

Bought to close $SPX Nov 4th 3090 calls for 1.85. Looking to sell the 3100 calls to lessen the loss.
Condors sold Friday for .45

SPX 1-dte

#SPX1dte Sold to Open $SPX Nov 4th 3020/3030-3090/3100 condors for .45. 10-wide, double size position.
IV 5.70%, SPX 3062.

SPX stopped

#SPX1dte $SPX 3065 short calls closed for 1.75. Stop breached at the open, but couldn’t get enough pull back. Closed before ISM number hits at top of hour. Condors sold yesterday for 1.05.

SPX 1-dte

#SPX1dte Sold to Open $SPX Nov 1st 2970/2990-3065/3085 condors for 1.05. IV 11.62%, SPX 3029.
Slightly bullish lean, considering Upside Warning still in effect and today’s pullback. Short call delta .04, short put delta .09.

Expiring today: Oct 31st 2995/3005-3070/3080, sold yesterday for .45

SPX 1-dte

#SPX1dte Sold to Open $SPX Oct 31st 2995/3005-3070/3080. Ten-wide, double size. IV: 9.09%, SPX 3045.

Expiring: Oct 30th 2980/3000-3065/3085, sold yesterday for 1.15.

SPX 1-dte

#SPX1dte Sold $SPX Oct 30th 2980/3000-3065/3085 condors for 1.10. IV 10.62%, SPX 3038.

IV and premium slightly higher due to FOMC tomorrow, I’m guessing.

SPX 1-dte stopped

#SPX1dte Issue finally resolved and orders went through. Lucky for all of us, SPX moved in a straight line while this was happening. Otherwise, there would have been millions of dollars of claims against IB. I imagine there still will be a mess, but fortunately I got out for less that I originally would have.

Bought to close $SPX Oct 28th 3045 calls for 1.60. Condors sold for .45 on Friday.

I’m going to look for a spike higher to sell the 3055 long calls.

SPX down on IB

#SPX1dte . I’m unable to trade on $SPX with Interactive Brokers. I have passed my stop level, trying to close the calls on my 1-dte. Been on the phone, but they say there’s an issue with the exchange and they can’t get any orders through. This should be interesting.

SPX 1 dte

#SPX1dte Sold $SPX Oct 28th 2975/2985-3045/3055 condors for .45, 10-wide, double size, IV 5.80%, SPX 3021.

Expiring, Oct 25th 2950/2970-3030/3050, sold yesterday for .80.

SPX 1-dte

#SPX1dte Sold to open $SPX Oct 25th 2950/2970-3030/3050 condors for .80, IV 8.89%, SPX 3004

all SPX stopped

#SPX1dte Today I said to myself, nothing is happening so I might as well sell the 1-day trade early. Immediately after the fill, something happened. Now that daily trade news has quieted, we get to worry about Brexit again?

My spread was tight to begin with, so really can’t withstand even a little volatility. I was looking for the bounce to make it okay, but we fell again and are within expected move.

BTC $SPX Oct 23rd 2985/2965 put spreads for 2.50, after the bell. Condors sold for .90 about 100 minutes earlier. I’ll leave call side to expire.

I was going to leave the 3-day put spread to fight another day, but the end of the day was too ugly, then it just got worse after the bell.
BTC $SPX 2990/2965 put spreads for 6.25. Sold for 3.45 earlier today.

Upside Warning gave us a little this time around; hopefully it’s not done but I ain’t betting on it after the last few weeks.

SPX 1-dte

#SPX1dte Sold $SPX Oct 23rd 2965/2985-3035/3050 condors for .90, IV: 8.25%, SPX 3012

SPX 3-dte

#SPX1dte Following the trend: Sold $SPX Oct 25th 2990/2965 put spreads for 3.45. Filled on the dip at the top of the hour.

SPX expires

#SPX1dte Expiring today:

$SPX Oct 21st 2935/2955-3025/3040 condors, sold Friday for 1.20
$SPX Oct 21st 2975/2950, put spreads sold last Tuesday for 4.90.

I am flat SPX tonight.

SPX 1-dte

#SPX1dte Sold to Open $SPX Oct 21st 2935/2955-3025/3040 condors for 1.20, IV: 8.07%, SPX 2993.

Expiring worthless today: Oct 18th 2950/2960-3025/3035, sold yesterday for .45 (dbl size)

SPX 1-dte

#SPX1dte Sold $SPX Oct 18th (Friday PM) 2950/2960-3025/3035 condors for .45. 10-wide, double size. IV 9.42%, SPX 2997.

SPX Monday

#SPX1dte Sold $SPX Oct 21st 2975/2950 put spreads for 4.90. IV: 11.44%, SPX 2990. Bullish positioning following both trend and #VIXindicator.

SPX 1-dte

#SPX1dte Sold to Open $SPX Oct 16th 2945/2955-3030/3040 condors for .45. 10-wide, double size.
IV 10.34%, SPX 2998.

SPX out

#SPX1dte Stopped: BTC $SPX Oct 11th 2290/3010 call spreads for 5.20. Condors sold yesterday for 1.35.
Stopped: BTC $SPX Oct 14th 2985/3010 call spreads for 11.00. Condors sold Wednesday for 3.15.

I’m taking a break. I’ve been absolutely slaughtered since the beginning of August. It has been a combination of mistakes, two signals in a row not working, and a completely unpredictable news-driven market. I cannot put on another trade today. I’ll still be here every day, and will resume the low-risk earnings trades next week, and the 1-day spreads once things calm down.

SPX too volatile

#SPX1dte I didn’t get what I wanted today and it’s just too risky to hold in this news-driven market with trade talks continuing into tomorrow. I think the most likely scenario is some partial deal that everyone gets excited about and the algos drive us higher, followed by a dump next week. But it’s just too uncertain (and ridiculous) to have on the risk.

BTC $SPX Oct 14th 2950/2975 call spreads for 9.55. Sold yesterday for 7.00.

SPX 1-dte

#SPX1dte Sold to Open $SPX Oct 11th 2835/2855-2990/3010 condors for 1.35, IV 21.30%, SPX 2934.

High IV, lots of news expected.

SPX Monday

#SPX1dte Sold to Open $SPX Oct 14th 2800/2825-2985/3010 condors for 3.15, IV: 17.01%, SPX close: 2919.

Sold a couple minutes after the closing bell.

SPX aggressive

#SPX1dte I am considering the Downside Warning and general market weakness. I look at the daily chart and see resistance at 2950 for most of August. I’ve been burned on some of these aggressive spreads recently so I’ll keep a tight leash on it. The biggest risk is, of course, news or a tweet.

Sold to Open $SPX Oct 14th 2950/2975 call spreads for 7.00.

SPX 1-dte

#SPX1dte Sold $SPX Oct 9th 2830/2850-2955/2975 condors for 1.15, IV 16.66%, SPX 2906.