#SPX1dte Sold $SPX March 20th 2770/2790-2870/2885 condors for .75. (IV: 12.0%, SPX: 2832).
Tag Archives: SPX1dte
SPX reverse roll
#SPX1dte I’m reversing my ill-timed decision to sell a call spread yesterday. We’re in an Upside Warning and the market strength is pervasive. I fortunately got a pullback on some China murmurs, so was able to get out at a non-embarrassing price.
Bought to close $SPX Mar 22nd 2860/2885 call spreads for 4.80. Sold yesterday for 3.10
Sold to Open SPX Mar 29th 2820/2800 put spreads for 4.80
SPX 1-dte
#SPX1dte The long spreads I bought Friday didn’t work; was able to sell a few call spreads for .15 and .20 tis morning.
Since I still have a put spread expiring this Friday, I also sold $SPX March 22nd 2860/2885 call spreads for 3.10.
SPX 1-dte
#SPX1dte Too cheap to go short, so trying a long shot again…
Bought to open $SPX 2770/2790-2850/2860 broken-wing iron condor for .55. (IV: 6.23%, SPX: 2820)
SPX 1-dte
#SPX1dte Sold $SPX March 15th (PM) 2755/2775-2835/2855 condors for .75. (IV: 10.37%, SPX 2809)
I will be closing today’s condor for as cheaply as possible into the close, to avoid gap risk on tomorrow morning’s settlement.
Rolling ETSY TQQQ / Expired 1 DTE
#coveredcalls
$ETSY BTC 3/15 65 call and STO 4/18 70 call. Total credit received so far 1.05. Basis 50.25
#longleaps
$TQQQ BTC 3/15 53 call and STO 3/22 53 for additional .65 credit
#spx1dte
$SPX 2730/2760/2824/2845 STO at .80
SPX 1-dte
#SPX1dte Sold $SPX March 14th (monthlys) 2750/2770-2855/2875 condors for 1.00.(IV 13%, SPX: 2816)
SPX 1-dte stopped
#SPX1dte Bought to close $SPX March 13th 2825 calls for .90. Condors sold yesterday for .80. Will be placing a new one today with monthlys that stop trading at tomorrow’s close.
SPX surging
#SPX1dte BTC $SPX March 22nd 2825/2850 call spreads for 10.50. Condors sold for 6.00 on Monday. Had no choice but to close in face of renewed upside warning and strong rally. I’m letting the 2720/2700 put side decay some more, and also added a Partial #ReverseRoll:
Sold SPX March 22nd 2780/2755 put spreads for 3.45.
Now in the hole and will have to choose when to sell a new call spread. Also may need to close today’s 1-dte with short at 2825. Hard to believe it could reach that but after Monday’s 40-point rise we can’t be sure.
SPX 1-dte
#SPX1dte Sold $SPX March 13th 2740/2760-2825/2845 condors for .80 (IV: 10.46%, SPX: 2792)
SPX 1-dte slammed
#SPX1dte The is the kind of hit this strategy cannot suffer often. Bought to close $SPX March 11th 2770 calls for 6.10. I was working to close for the last 20 minutes but could not get a pullback. I will make a few cents back sell the long 2790’s, but only .20-.30 cents (first ones just filled for .20).
I’m going to maintain a view of weakness and sell an aggressive call spread to work on the roll.
I set my sights to close after we breached 2760. Wasn’t too concerned until by shorts hit 3.00. Then, the rally would not relent. This was the Monday I was looking for last week, when I was LONG calls. I almost made the same trade on Friday but decided to go short. Then, the rally into the close set me up for this painful Monday.
SPX 1-dte
#SPX1dte Closed $SPX March 11th 2690 short puts for .05. Will work to close 2770 short calls as stop was breached.
SPX 1-dte
#SPX1dte Sold to Open $SPX March 11th 2670/2690-2770/2790 for .90. (IV: 9.6%, SPX 2731)
Closed SPX 1dte spreads for target profit
BTC Mar8 BuPS 2700/2695 @.05 x8. STO @ .3125 x8 (average price)
BTC Mar8 BeCS 2790/2795 expired. STO @ .25 x4
Total profit $300
#spx1dte
SPX 1-dte closed
#SPX1dte Closed $SPX March 8th 2700/2680 put spreads for .15. Condors sold yesterday for 1.10. I’ll let calls expire.
SPX 1-dte roll
#SPX1dte BTC $SPX March 15th 2800/2820 call spreads for 1.15. Sold yesterday for 3.20 as a roll.
SPX 1dte credit spreads
STO Mar8 BuPS 2700/2695 @ .3125 x8 (average price)
STO Mar8 BeCS 2790/2795 @ .25 x4
Decided not to bore you with the details of building my trades.
#spx1dte
SPX 1-dte
#SPX1dte Sold to Open $SPX March 8th 2680/2700-2775/2795 condors for 1.10. (IV 13.48%, SPX 2747)
Also, closed April 5th 2525/2550-2925/2950 condors for 1.75. Sold for 2.60 on 2/20 as a roll. I didn’t want to sit with anything right now as I feel a rush lower could be happening in the coming days.
SPX 4-dte stopped
#SPX1dte Stopped $SPX March 8th 2720/2700 put spreads for 2.10. Condors sold Monday for 2.03 as a roll.
Expected move breached this morning so this is too risky to hold longer. Was able to get out near break-even on the bounce. I’ll let the 2830/2850 call side expire.
1 DTE SPX Expired
SPX 1-dte closed
#SPX1dte Closed $SPX March 6th 2760/2740 put spreads for .40. Stop was breached earlier so I watched for a bounce opportunity. Sold yesterday for .95.
SPX Mar6 IC closed for profit
BTC SPX Mar6 BeCS 2820/2825 @ .05 x4. Sold @ .30. Profit $100
BTC SPX Mar6 BuPS 2740/2735 @ .05 x4. Sold @ .30. Profit $100
BTC SPX Mar6 BeCS 2820/2825 @ .25 x4. Sold @ .25. Profit $80
STO SPX Mar6 BuPS 2760/2755 @ .25×4. Pending GTC order @ .05
BTO SPX Mar6 BePS 2765/2760 @ .50 x1 to convert one BuPS to bearish fly. Will keep converting BuPS to flies if price continues down.
BTO SPX Mar6 BePS 2765/2760 @ 1.00 x1 to create another fly. Moved BE on downside to SPX 2757, BE on upside to 2765 and overall max profit cut from $80 to -$70.
Flies closed for $120 loss.
Last two BuPS 2760/2755 expired for $50 profit.
Net profit for all spreads $210
SPX 1-dte
#SPX1dte Sold to Open $SPX March 6th 2740/2760-2815/2835 condors for .95. (IV 9.35%, SPX 2792)
SPX 4-dte roll
#SPX1dte Sold $SPX March 8th 2700/2720-2830/2850 condors for 2.03. Partial roll for loss taken this morning. (IV 12.34%, deltas .13p, .11c, SPX 2785.
SPX 2dte makes another appearance
STO SPX Mar6 BeCS 2820/2825 @ .30 x4
BTC SPX Mar6 BuPS 2740/2735 @ .05 x4. Sold @ .30. Profit $100
STO SPX Mar6 BeCS 2820/2825 @ .25 x4
STO SPX Mar6 BuPS 2760/2755 @ .25×4
Full position on for this round.
I was planning to pause on the ICs due to low vol. Then the low vol went poof. Also, you could say that @hcgdavis made me do it.:-)
#spx1dte
#jadelizards, #lizardpies, #pietrades, #spikedjadelizard, #spycraft
SPX 1-dte dream shattered
#SPX1dte Major suckage… Stopped $SPX March 4th 2770/2750 put spread for 4.60. What started as a brilliant #RiskReversal turned out to be my biggest loser since December (about 3.00 loss, after all accounted for).
To be expected once you get comfortable allowing spreads to expire. The first time volatility comes back it will take a bite.
SPX dump
#SPX1dte Wow… huge reversal. Got stuck holding some longs that are now worthless… at least I sold enough to make that side overall profitable. But now my put spread is threatened and SPX has passed my stop level.
Could this be the blow-off top that starts a new down trend?
SPX 1dte IC
BTC Mar4 2760/2765 BuPS @ .05 x8. STO @ .30. Profit $200
BTC Mar4 2825/2835 BeCS @ .05 x4. STO @ .55. Profit $200
Total profit $400
#spx1dte
SPX 1-dte risk reversal
#SPX1dte #RiskReversal Sold first batch of $SPX March 4th 2820/2830 LONG call spreads for 2.40. Bought for .45 on Friday (and financed by short put spreads sold for .75). Index not looking too strong so I may have to bail with the rest soon.
SPX 1-dte, altered
#SPX1dte I’m still in the early stages of this strategy, and I’m testing ways to vary things up based on market conditions. IV for Monday’s options is only 6.83%, which I think is the lowest I’ve seen this year. Selling the standard .06 delta condor isn’t worth the risk (too cheap). This is when I have gone LONG in the past with mixed success. Today I’m trying a risk/reversal set-up. Mondays have been bullish lately, and in general the market feels pretty stuck in a range, so I don’t fear a big drop yet.
Bought to open $SPX March 4th 2820/2830 cal spreads for .45 (long delta .06, SPX 2795)
Sold to Open $SPX March 4th 2770/2750 put spreads for .75 (short delta .11, SPX 2796)
If nothing happens, I’ll make .30. But hopefully we’ll have an early rally toward my call spread and I can close for a profit while put spread expires.
SPX Mar1 ICs closed
BTC all spreads for .05. Total profit $350
STO SPX Mar1 2755/2750 BuPS @ .25 x6
STO SPX Mar1 2755/2750 BuPS @ .30 x2
STO SPX Mar1 2815/2820 BeCS @ .25 x4
STO SPX Mar1 2815/2820 BeCS @ .30 x4
SPX IC Mar4 trades
STO Mar4 BeCS 2830/2835 @ .30 x4. Sold 2825/2830 @.25 x4 to convert to a 10w @ .55 x4.
BTO Mar4 2835c @ .25 x2 to hedge against a big weekend move to the upside.
STO Mar4 BuPS 2765/2750 @ .30 x8
#spx1dte
SPX 1-dte
#SPX1dte Sold to Open $SPX March 1st 2740/2760-2810/2830 condors for 1.10. Going a bit aggressive with .08 deltas on the shorts… Fridays have been mellow lately. (IV: 9.5%, SPX 2787)
Expiring: Feb 28th condors, sold yesterday for .80.
SPX Feb28 IC closed
STO Feb28 2755/2750 BuPS @ .30 x2
STO Feb28 2815/2820 BeCS @ .25 x2
STO Feb28 2815/2820 BeCS @ .35 x4
STO Feb28 2815/2820 BeCS @ .30 x2
STO Feb28 2765/2760 BuPS @ .30 x2
STO Feb28 2765/2760 BuPS @ .30 x4
BTC Feb28 2815/2820 BeCS @ .05 x8. Profit $210
BTC Feb 28 2755/2750 BuPS @ .05 x2. Profit $50
BTC Feb28 2765/2760 BuPS @ .05 x6. Profit $150
Total profit $410
#spx1dte
SPX IC 1dte
STO SPX Mar1 2755/2750 BuPS @ .25 x6
STO SPX Mar1 2755/2750 BuPS @ .30 x2
STO SPX Mar1 2815/2820 BeCS @ .25 x4
STO SPX Mar1 2815/2820 BeCS @ .30 x4
BTC SPX Mar1 2755/2750 BuPS @ .05 x8. Profit $170
Full position for today.
These narrow-width condors will eventually bite me. For now with low vol/ATR, they’re working well.
#spx1dte
SPX 1-dte
#SPX1dte Sold to Open $SPX Feb 28th 2735/2755-2820/2835 condors for .80. (IV 10.1%, SPX 2794)
SPX 1-dte
Building another short-term SPX position
STO Feb28 2755/2750 BuPS @ .30 x2
STO Feb28 2815/2820 BeCS @ .25 x2
STO Feb28 2815/2820 BeCS @ .35 x4
STO Feb28 2815/2820 BeCS @ .30 x2
STO Feb28 2765/2760 BuPS @ .30 x2
STO Feb28 2765/2760 BuPS @ .30 x4
BTC Feb28 2815/2820 BeCS @ .05 x8. Profit $210
BTC Feb 28 2755/2750 BuPS @ .05 x2. Profit $50
BTC Feb28 2765/2760 BuPS @ .05 x6. Profit $150
Total profit $410
#spx1dte
SPX 1-dte
#SPX1dte Closed $SPX Feb 27th 2755/2735 put spreads for .20. Would have allowed to expire but I have to be away from my desk for a time today. Order in to close the 2820 short calls for .05. Condors sold yesterday for 1.10.
SPX 1-dte
#SPX1dte Sold to Open $SPX 2735/2755-2820/2835 condors for 1.10. (IV: 10.67%, SPX 2796)
SPX 4-dte
#SPX1dte As a roll from the stopped spread today: Sold $SPX March 1st 2715/2740/2845/2870 condors for 2.40. If possible I will close with 60% of profit a day or two early. (.10 delta, 12.5% IV, SpX 2801)
SPX IC
Starting up my short-term SPX ICs again.
STO SPX Feb27 2845/2850 BeCS @.35 x2 based on hitting resistance in 2810 area today.
STO SPX Feb27 2755/2750 BuPS @.25 x2 based on well-defined price range box
STO SPX Feb27 2825/2830 BeCS @ .35 x4
STO SPX Feb27 2765/2760 BuPS @ .25 x2
BTC SPX Feb27 2845/2850 BeCS @ .05 x2. STO @ .35 x2. $60 profit
BTC SPX Feb27 2825/2830 BeCS @ .05 x4. STO @ .35 x4. $120 profit
BTC SPX Feb27 2755/2750 BuPS @ .05 x2. STO @ .25 x2. $40 profit
BTC SPX Feb27 2765/2760 BuPS @ .05 x2. STO @ .25 x2. $40 profit
Total profit $280
#spx1dte
SPX 1-dte stopped
#SPX1dte Bought to close $SPX Feb 25th 2815 calls for 2.75. Holding the longs to sell if we go higher.
This is my first loss on a short 1-dte since Jan 22nd. And again, losses are about 1x-3x the wins, so not difficult to make up.
SPX 1-dte
#SPX1dte Sold to Open $SPX Feb 25th 2735/2755-2815/2830 condors for 1.05. (IV: 7.3%, SPX 2788)
Expiring today: Feb 22nd condor, sold yesterday for .90
SPX 1-dte
#SPX1dte Sold to Open $SPX Feb 22nd 2725/2745-2805/2825 condors for .90. (IV: 10.17%, SPX 2774)
SPX 44-dte
#SPX1dte Selling a longer-term to make up for today’s loss and also for the helluvit.
Sold to Open $SPX April 5th 2525/2550/2925/2950 condors for 2.60. (IV 14.54%, SPX 2785)
SPX 1-dte LONG
#SPX1dte Premium just too low to sell, so I chose long today.
Bought to Open $SPX Feb 20th 2735/2750-2815/2820 condors for .50. (IV 9.56%, SPX 2786)
15-wide on put side and only 5-wide on call side. Not too far OTM so any reasonable move toward these should give me at least a small profit… but not expecting much!
SPX 1-dte
#SPX1dte Expiring: $SPX Feb 15th condor, sold yesterday for .85
Sold to Open $SPX Feb 19th 2705/2725-2800/2820 condors for 1.05 (IV: 7.7%, SPX 2768)
SPX ATM put spread closed
#SPX1dte Bought to close $SPX Feb 20th 2725/2700 put spread for 1.30. Sold for 8.40 on Feb 5th. Sold this as Upside Warning was firing, and sat through an uncomfortable dip before it came through. I don’t know how much more steam this rally has, so I’m taking it off to avoid weekend risk.
SPX 1-dte
#SPX1dte Closed $SPX monthly condor for .35. Sold yesterday for 1.00
Sold $SPX Feb 15th 2685/2705-2785/2805 condors for .85. (IV 13.2%, SPX 2751)
Also, bought to close $SPX Feb 22nd 2670/2650 put spreads for 1.00. Sold for 3.45 on Feb 4th. Still holding the Feb 20th 2725/2700 put spreads, sold ATM for 8.40.
SPX 1-dte
#SPX1dte Sold to Open $SPX Feb 14th (monthlys) 2690/2710-2790/2810 condors for 1.00. These are monthlys, so they stop trading at Thursday’s close but settle Friday morning. I will close the trade before tomorrow’s close to avoid gap risk.
Expiring: Feb 13th condor, sold yesterday for 1.00.
SPX 1-dte
#SPX1dte Sold $SPX Feb 13th 2690/2710-2775/2795 condors for 1.00. Slightly more aggressive, with a .07 delta, because .06 or below was not enough premium. (IV: 11.0%, SPX 2747)
SPX 1-dte
#SPX1dte Closed $SPX Feb 11th 2730 calls for .20. Stop level breached earlier.
SPX 1 die
#SPX1dte Expiring today : $SPX Feb 8th 2630/2655-2730/2755 condors, sold yesterday for .90
Sold to Open $SPX Feb 11th 2635/2655-2730/2745 condors for .80. Yes, this is broken-wing as I had to make the call side narrower because the 2750 spike has insufficient volume. (IV: 8.33%, SPX: 2700)
SPX 1 die
#SPX1dte Sold to Open $SPX Feb 8th 2630/2655-2730/2755 condors for .90 (IV: 12.8%, SPX 2697)
Expirations SPX 1 DTE
SPX 1-dte expiring
#SPX1dte $SPX Feb 6th 2710/2690 put spreads expiring worthless. Sold yesterday for 1.10.
SPX 1-dte
#SPX1dte Sold to Open $SPX Feb 6th 2710/2690 put spreads for 1.10. Selling only a .12 delta put spread. no call spread for tomorrow. This is based on upside warning going into effect. It still carries higher risk, because while an Upside Warning is a pretty sure shot for a move higher, we could always take a dip or a drop first. But I think this is sufficiently OTM to withstand a pullback, if one comes tomorrow.
SPX put spread
#SPXcampaign This is based solely on the Upside Warning we will get at today’s close, barring a disaster.
Sold $SPX Feb 20th 2725/2700 put spreads for 8.40.
I’m not selling any call spreads, and I’ll probably buy one. I’m not yet sure about tomorrow’s #SPX1dte. Not seeing much premium.
SPX roll
SPX 1-dte
#SPX1dte My third attempt at a long condor is the first losing one. Looks like the Feb 4th one will expire worthless. We’ll see how things play out through tomorrow if an Upside Warning hits, and proceed accordingly for the Feb 6th expiry.
I also backed out of this roll trade with a profit, as it could get steamrolled on the call side. I’ll look to sell a put spread to replace it.
BTC $SPX Feb 14th (monthly) 2600/2620/2760/2780 #CondorRoll for 3.95. Sold for 6.05 last Wednesday.
Expirations AMZN SPX / Closed Early AMZN / ROKU BUPS / Roll TQQQ
#optionsexpiration
#bullputspreads
$AMZN STO 2/1 1605/1610 BUPS at .50 Expired same day. Thank you @honkhonk81 and jojo mojo
#spx1dte
$SPX 2630/2650/2765/2745
Closed Early
$AMZN BTC 2/1 1590/1600 BUPS as part of earnings IC at .20 Made 85% of max. Stock started to look soft in late afternoon and I did not want to be correct, I just wanted a profit. Thank you @jeffcp66 BECS expired!
#bucs
$ROKU BTO 3/15 40/50 BUCS at 4.80. Earnings Feb 21st
#rollup
$TQQQ BTC 2/1 46 call and STO 2/15 48.50 call at .15 credit. Sold against leap.
SPX 1-dte long
#SPX1dte Bought to open $SPX Feb 4th 2645/2660-2740/2755 condors for .55. (IV 7.94%: SPX 2704)
I reduced to 15-wide to make it cheaper, and also went to the strike below .06 on each side. This lowers probability, but short strikes are only 80 apart, which is the lowest I have had on any condor in this strategy, long or short.
SPX 1-dte switch
#SPX1dte My short condor from yesterday will expire worthless (sold for 1.00)
I am going to BUY the condor for Monday, since volatility on the options chain plummeted to below 9%, after being above 15% all week. (today would have been a good day to sell a condor in the morning, and close it by day’s end)
SPX 1-dte
#SPX1dte Sold $SPX Feb 1st 2630/2650-2745/2765 iron condors for 1.00. (IV 15.35%; SPX 2703)
SPX 1-dte closed
#SPX1dte Closed both shorts for .05 each. Looks good to expire but this clears needed margin from smaller accounts. $SPX Jan 31st 2615/2635/2735/2755 condors sold yesterday for 1.00
EXAS STO Puts / SPX 1 DTE Expired
#shortputs
$EXAS STO 2/1 82 put at .60
#spx1dte
$SPX STO 1/30 2565/2585/2705/2685 IC for 1.10 Bought it this morning and my nails are still on my fingers as it expired worthless. Thank you @jeffcp66
SPX 1-dte trades
#SPX1dte Sold $SPX Jan 31st 2615/2635-2735/2755 iron condors for 1.00. (IV 16%)
I hated doing this because I feel the rally today is a headfake, but I cannot fight the tape any higher than this.
Bought to close $SPX Feb 14th 2730/2750 call spreads for 5.75. Sold in a #CondorRoll on Jan 4th.
#CondorRoll Sold to Open Feb 14th 2600/2620/2760/2780 condors for 6.05.
SPX 1-dte closing
#SPX1dte bought to close $SPX Jan 30th 2685 calls for .85. Condors sold for 1.00 yesterday. Could not hold through the FOMC release that comes out in 40 minutes. I don’t expect a move like last time, when we exploded higher, but can’t risk it. Also sold a couple the long 2705 calls for .05, and will try to sell them all to reduce cost of the exit. Allowing puts to expire.
Don’t know whether I’ll buy or sell the condor for Jan 31st expiration yet!
SPX 1-dte, short
#SPX1dte Sold to Open $SPX Jan 30th 2565/2585/2685/2705 iron condors for 1.00
I switched back to selling because IV on this chain is over 16% and HV dipped below IV.
SPX 1dte
#spx1dte Sold SPX Jan30 1dte IC 2690/2695/2590/2585 @ .55 x6 across two accounts. Keeping trade size smaller for a while to recover from over-defending these trades.
SPX closed
#SPX1dte closed last batch for .35. Definitely missed my chances for higher profit, but still another win. It will be interesting to see how this will work on a flat day. It will be a losing trade, but will be able to recoup some of the debit in the morning as put premium is usually still hanging on.
Condors bought Friday for .70. Sold today for 1.20, avg price.
SPX 1-dte long
#SPX1dte Sold a third of the $SPX Jan 28th 2620/2600 put spreads for 2.00. Condors bought for .70 on Friday.
SPX 1-dte LONG
#SPX1dte Bought to Open $SPX Jan 28th 2600/2620-2700/2720 iron condors for .70.
Filled after bell, Jan28th IV only 8.7%; expected move 18.77. HV still above IV, but dropping. ATR 43.35.
SPX 1-dte closed
#SPX1dte Was hoping gov’t reopening might give us a final spike, but the spike was in the wrong direction.
Closed last batch of $SPX call spreads for 1.00. Bought for .70, closed for 1.62 avg price.
SPX 1-dte, sold more
#SPX1dte Sold to close another third of $SPX Jan 25th 2765/2695 long call spreads for 2.25. Now profitable in all accounts. Waiting to watch action to sell last batch.
Options Bistro 