SPX trades

#SPX1dte Sold to open $SPX Nov 30th 3525/3545-3685-3705 iron condors for 1.05, SPX at 3630, IV 11.4%, deltas -.06,+.06

Expiring: Nov 27th 3570/3590-3680/3700 condors, sold Wednesday for 1.20.

#SPX7dteLong Expiring at max 20.00 credit: Nov 27th 3570/3590 call spreads. Condors bought for 16.00 on Monday.

SPX trades

#SPX1dte Sold to Open $SPX Nov 27th 3570/3590-3680/3700 iron condors for 1.20, SPX at 3633, IV 9.6%, deltas -.10, +.05. Leaning bullish for two reasons: I think we’ll go a bit higher into the close, and the half-day after thanksgiving is typically quiet.

Expiring: Nov 25th 3545/3565-3685/3705 condors, sold yesterday for 1.05

#SPX7dteLong Expecting a profitable expiration of Nov 25th 3615/3635, bought last Wednesday for 9.50. If I don’t get the max 20.00, it will still be a good trade.

SPX 7-dte

#SPX7dteLong Bought to Open $SPX Dec 2nd 3600/3620-3630/3650 iron condors for 16.00, with SPX at 3627.

SPX-7dte

#SPX7dteLong Sold to close partial of the $SPX Nov 25th 3615/3635 call spreads for 7.00… I’ll say these are the ones I added for 3.75 on Thursday. But I was too early as Upside Warning finally showing its strength with the vertical slope today… spreads are now at 11.45 and rising. Must decide whether to close today or wait for possible max credit tomorrow.

Also, bought to open $SPX Nov 30th 3605/3625-3635/3655 for 15.65, with SPX at 3630.

SPX 7-dte

#SPX7dteLong Bought to Open $SPX Nov 27th 3540/3560-3570/3590 iron condors for 16.00, with SPX at 3568.

SPX trades

#SPX1dte Sold to Open $SPX 3470/3490-3630/3650 iron condors for 1.20, SPX at 2566, IV 12.09%, deltas -.07,+.06

Expiring: Nov 20th 3485/3505-3640/3660 condors, sold yesterday for 1.15

#SPX7dteLong Expiring at max credit of 20.00: Nov 20th 3620/3600 put spreads. Condors bought Monday for 16.35.

#VIXIndicator The Upside Warning is not producing much yet, but the VIX action is so anemic that I don’t think we should be doubting it yet.

SPX 7-dte

#SPX7dteLong Sold to close $SPX Nov 23rd 3615/3595 put spreads for 15.00. Leaving call side to close later today or Monday. Condors bought for 16.35 on Tuesday.

There’s a good chance this will end up in trouble if market rises on Monday, so I’m getting out now for what will likely be break-even, if i can close call side on a spike higher this afternoon.

Digging In

#SPX7dteLong Added more to my $SPX Nov 25th 3615/3635 call spreads for 3.75. Bought the first batch much too early yesterday for 9.50. Sticking with the Upside Warning, although it faces quite an adversary in this Covid surge.

SPX trades

#SPX7dteLong Sold to close $SPX Nov 18th 3545/3565 call spreads for 19.75. Condors bought for 17.75 on Tuesday the 10th. The drop made me nervous enough to sacrifice $25 to avoid an ITM expiration.

#SPX1dte Expiring: 3520/3540-3660/3680 condors, sold yesterday for 1.30.

SPX 7-dte

#SPX7dteLong Bought to Open $SPX Nov 25th 3615/3635 call spreads for 9.50, with SPX at 3610. Taking only call side for expiry one week from today, based on Upside Warning and usual lazy bullishness around a holiday week.

SPX 7-dte

#SPX7dteLong Bought to Open $SPX Nov 23rd 3595/3615-3625/3645 iron condors for 16.35, with SPX at 3620.

SPX trades

#SPX7dteLong Bought to Open $SPX Nov 20th 3600/3620-3630/3650 iron condors for 16.35, with SPX at 3627.

Expected for expiry today: Nov 16th 3580/3600 call spreads for max credit of 20.00, plus 1.00 I got for put side this morning. Condors bought for 16.68 last Wednesday.

#SPX1dte: Expected to expire worthless: Nov 16th 3475/3495-3655/3675 condors, sold Friday for 1.15.

SPX 7-dte

#SPX7dteLong Sold to close $SPX Nov 16th 3570/3550 put spreads for 1.00. Leaving the 3580/3600 call spread to expire for full 20.00 credit. This takes away my protection from am intraday drop, but market looking stable and Moderna news should keep us positive today. Condors bought for 16.68 last Wednesday.

SPX 7-dte

#SPX7dteLong Sold to Close $SPX Nov 13th 3600/3580 put spreads for 18.30. Condors bought Monday for 17.25.

This leaves the call side available and eliminates upside risk. I will look for a reversal to take profits, but if I dont get one the trade is already profitable.

SPX trades

#SPX7dteLong When $SPX was at 3573, bought to open Nov 16th 3550/3570-3580/3600 iron condors for 16.679 (avg price). This is only 5-dte, because yesterday I mistakenly sold the Nov 18th trade early.

Expected to expire today:
$SPX Nov 11th 3520/3540 call spreads at max credit of 20.00. Condors bought last Thursday for 17.70.

#SPX1dte Expected to expired worthless: 3425/3445-3620/3640 condors, sold yesterday for 1.50.

SPX 7-dte

#SPX7dteLong Bought to Open $SPX Nov 18th 3515/3535-3545/3565 iron condors for 17.75, with SPX at 3540. I picked the wrong date, was supposed to be Nov 16th. So this one is 8-dte. I may add a Nov 16th later today or tomorrow.

SPX 7dte

#SPX7dteLong Bought to open $SPX Nov 13th 3580/3600-3610/3630 iron condors for 17.25, with SPX at 3603.

Expiring with max profit of 20.00: Nov 9th 3430/3450 call spreads. Condors bought last Wednesday for 18.20.

SPX trades

#SPX1dte Sold to Open $SPX Nov 9th 3370/3390-3580/3600 iron condors for 1.40, SPX 3500, IV 17.4%, deltas -.06,+.06

Expiring: Nov 6th 3400/3420-3600/3620 condors, sold yesterday for 1.25

#SPX7dteLong Expiring with max credit of 20.00: Nov 6th 3375/3395 call spreads. Condors bought Tuesday for 18.35.

SPX 7dte

#SPX7dteLong Bought to Open $SPX Nov 11th 3490/3510-3520/3540 iron condors for 17.70, with SPX at 3515.

SPXpire

#SPX7dteLong Expiring at max credit of 20:00: $SPX Nov 4th 3335/3355 call spreads. Condors bought for 18.45 last Thursday.

SPX 7-dte

#SPX7dteLong In pre-market, bought to open $SPX Nov 9th 3400/3420-3430/3450 iron condors for 18.20, with /ES at 3405, which roughly is equivalent to SPX 3414.

SPX 7-dte (-ish)

#SPX7dteLong This is only 3-dte, the shortest period for which I have bought one of these, but volatility has been strong and premium too high, so I’m going with a shorter time frame since market is pretty certain to move this week.

Bought to Open $SPX Nov 6th 3345/3365-3375/3395 iron condors for 18.35, with SPX at 3370.

#spx1dte

SPX trades

#SPX1dte Expiring: $SPX Nov 2nd 3045/3065-3360/3380 condors, sold Friday for 1.10.

#SPX7dteLong Expiring at max credit of 20.00: Nov 2nd 3395/3375 put spreads. Condors bought for 17.50 last Tuesday.

I have an order in to buy a Nov 6th condor for 18.35. Volatility and premium are high so I won’t get filled unless things calm down into the close.

SPX trades

#SPX1dte Sold to Open $SPX Nov 2nd 3045/3065-3360/3380 iron condors for 1.10, SPX 3254, IV 26.9%, deltas -.06,+.05. Volatility is finally giving me a proper distance on the put side.

#SPX7dteLong Expiring at max credit of 20.00: Oct 30th 3390/3370 put spreads. Condors bought for 17.65 on Monday.

SPX 1-dte stopped

#SPX1dte Wow, three expirations in a row, Mon-Wed-Fri, stopped out! Pretty sure that’s the first time that has happened. Monday I held my breath and came out scot free… Wed took a 5.00 loss, today managed only a 1.30 loss. At least the #SPX7dteLong strategy is thriving in this volatility.

Bought to close $SPX Oct 30th 3215/3195 put spreads for 2.60. Sold for 1.30 yesterday.

SPX 7-dte

#SPX7dteLong Bought to Open $SPX Nov 4th 3300/3320-3335/3355 iron condors for 18.45. This is 15-wide, versus my usual 10-wide. I did it to get better premium, but it only got me about .15.

#spx1dte

SPX trades

#SPX7dteLong Bought to Open $SPX Nov 2nd 3375/3395-3405/3425 iron condors for 17.50, with SPX at 3391.

#SPX1dte trade to come, I will comment below this post.

SPX 7-dte

#SPX7dteLong Opened the day in the Dead Zone on my $SPX Oct 23rd 3440/3460-3470/3490 condor, so need to attempt some fancy maneuvering. Condor bought for 17.05 on Monday.

Sold to close the call side for 5.70. So now I am very bearish going into the close. Bearish! Grrrrr.

SPX 7-dte

#SPX7dteLong Sold to Close $SPX 3470/3450 put spreads for 19.30. Call side sold for 3.70 this morning, so total credit of 23.00 against purchase of condor last Thursday for 17.05. Nice expiration day!

SPX 7-dte

#SPX7dteLong Bought to open $SPX Oct 26th 3450/3470-3480/3500 iron condors for 17.20, with SPX at 3463. Placed order when we were at 3474, but filled on the drop.

SPX 7dte

#SPX7dteLong Bought to Open $SPX Oct 23rd 3440/3460-3470/3490 iron condors for 17.05, with SPX at 3467.

Sold to close Oct 19th 3520/3500 put spreads for 19.70. Condors bought last Wednesday for 16.25. Since we did go ITM briefly this morning I’m exiting for safety in case of a stimulus announcement or something.

SPX 7-dte

#SPX7dteLong Bought to Open $SPX Oct 21st 3450/3470-3480/3500 iron condors for 17.05, with SPX at 3473.

SPX 7dte

#SPX7dteLong Bought to Open $SPX Oct 19th 3500/3520-3530/3550 iron condors for 16.25, with SPX at 3523.

Forgot to put this on yesterday.

SPX trades

#SPX1dte Sold to Open right before closing bell: $SPX Oct 14th 3430/3450-3570/3590 iron condors for 1.10, SPX at 3514, deltas -.07, +.05, IV 15.45%

#SPX7dteLong Filled yesterday, 14 minutes after closing bell (I hadn’t noticed then): Sold to close $SPX Oct 14th 3445/3465 call spreads for 19.00. Condors bought for 16.50 last Thursday. Holding put side as hedge for tomorrow.

SPX trades

#SPX1dte BTC $SPX Oct 12th 3530 calls for 4.40 (at 2 minutes before close). Condors sold Friday for 1.40. Fortunate to get a pullback at the close.

#SPX7dteLong Oct 12th 3420/3440 call spreads expire for max credit of 20.00. Condors bought last Tuesday for 16.85.

Just after closing bell: Bought to Open $SPX Oct 16th 3510/3530-3540/3560 iron condors for 16.20, SPX at 3534.

SPX trades

#SPX1dte Sold to Open $SPX Oct 12th 3380/3400-3530/3550 iron condors for 1.35, SPX 3474, IV 12%, deltas -.07,+.07

Expiring: Oct 9th 3355/3375-3495/3515 condors, sold yesterday for 1.00.

#SPX7dteLong Expiring: Oct 9th 3400/3420 calls spreads for max credit of 20.00. Condors bought for 17.05 on Monday.

SPX 7-dte

#SPX7dteLong Bought to Open $SPX Oct 14th 3415/3435-3445/3465 iron condors for 16.50, with SPX 3440.

SPXpire

#SPX1dte Expiring: Oct 7th 3255/3275-3445/3465 iron condors, sold yesterday for 1.40.

#SPX7dteLong Expiring: Oct 7th 3385/3405 call spreads for max credit of 20.00. Condors bought last Thursday for 17.55.

SPX 7-dte

#SPX7dteLong Bought to Open $SPX Oct 3390/3410-3420/3440 condors for 16.85, with SPX at 3412.

SPX trades

#SPX7dteLong Bought to Open $SPX Oct 9th 3370/3390-3400/3420 iron condors for 17.00, with SPX at 3395.

Expected to expire: Oct 5th 3345/3365 call spreads for max credit of 20.00. Condors bought last Tuesday for 17.50.

#SPX1dte expiring: Oct 5th 3240/3260-3440/3460 condors, sold Friday for 1.45.

SPX 7-dte

#SPX7dteLong Sold to close $SPX Oct 2nd 3350/3370 call spreads for 10.55. Have been waiting for a pop even higher but losing steam. This is such a precarious exercise when the spread is expiring ATM with elevated volatility. You can have $2,000 swings all day for each spread.

Condors bought for 17.30 on Monday, sold today for a total of 17.05.

SPX 7dte

#SPX7dteLong The trade is currently in the dead zone so trying to leg out for profit. Looking for a drift higher into the day, but no idea whether we’ll get it.

Sold to close $SPX Oct 2nd 3340/3320 put spreads for 6.50. Waiting to sell 3350/3370 call spreads.
Condors bought for 17.30 on Monday.

SPX 7-dte

#SPX7dtelong Bought to open $SPX Oct 7th 3355/3375-3385/3405 iron condors for 17.55, with SPX at 3380.

SPX 7-dte

#SPX7dteLong In pre-market, sold to close $SPX Sept 30th 3250/3270 call spreads for 19.55. Condors bought for 17.90 last Wednesday.

SPX trades

#SPX7dteLong Bought to Open $SPX Oct 5th 3315/3335-3345/3365 condors for 17.50, with SPX at 3339.

#SPX1dte Sold to Open $SPX Sep 30th 3235/3255-3415/3435 condors for 1.20, IV 20.07%, SPX 3341, deltas -.05,+.06

SPXpire

Expiring:
#SPX1dte Sept 28th 3190/3210-3365/3385 condors, sold Friday for 1.40
#SPX7dteLong Sept 28th 3305/3325 call spreads for max credit of 20.00. Condors bought last Tuesday for 17.70.

SPX 7-dte

#SPX7dteLong Bought to open $SPX Oct 2nd 3320/3340-3350/3370 iron condors for 17.30, with SPX at 3345.

SPX trades

#SPX1dte STOPPED $SPX Sept 23rd 3240/3220 put spreads for 1.55. Condors sold yesterday for 1.20

#SPX7dteLong Expiring: $SPX Sept 23rd 3335/3315 put spreads for max credit of 20.00. Condors bought last Thursday for 17.55

SPX 7-dte

#SPX7dteLong Bought to Open $SPX Sept 28th 3275/3295-3305/3325 condors for 17.70, with SPX at 3298.

#spx1dte

SPX-7 dte

#SPX7dteLong Expiring today: $SPX Sept 21st 3410/3390 put spreads for max credit of 20.00. Condors bought last Tuesday for 17.35.

NOTE: I’m not buying one for this Friday’s expiration as I will be on a getaway Wednesday afternoon until Friday noon without internet.

Final trade/expirations

#SPX1dte Sold to Open $SPX Sept 21st 3205/3225-3390/3410 condors for 1.05

Expiring:
#SPX1dte Condor expired worthless, sold Thursday for .95
#SPX7dteLong Put side expired at full credit of 20.00, calls side sold this morning for .85, so 20.85 credit against 17.60 purchase; 3.15 profit
#Earnings $CHWY 57.5/56.5 put spreads, expire ITM for .30 loss. This was a roll but it can’t get off its ass. Walking away. Total loss on two trades: .70

SPX 7-dte

#SPX7dteLong Sold to close $SPX Sept 18th 3400/3420 call spreads for .85. Relying on the 3390/3370 put side for the big profit today. Condors bought Monday for 17.60.

SPX 7-dte

#SPX7dteLong Bought to Open $SPX Sept 23rd 3315/3335-3345/3365 condors for 17.55, with SPX at 3338.

SPX 7-dte

#SPX7dteLong A little stuck on today’s expiration, so going to try a leg out…
Sold to close $SPX Sep 16th 3425/3445 call spreads for 5.20.
Will look to sell puts on a swing down. I usually suck at legging out, so no high hopes.
Condors bought for 17.75 last Thursday.

SPX 7-dte

#SPX7dteLong Earlier, BTO $SPX Sept 21st 3390/3410-3420/3440 condors for 17.35, with SPX at 3413.

SPX 7-dte

#SPX7dteLong Sold to close $SPX Sept 14 3360/3340 put spreads for 1.05. Banking on the 3370/3390 call side for close. Condors bought for 18.25 last Tuesday.

Bought to Open $SPX Sept 18th 3370/3390-3400/3420 condors for 17.60, with SPX at 3395.

#SPX1dte – watching call side for today’s short condor closely as stop level has been breached.

SPX trades

#SPX1dte Sold to Open $SPX Sept 14th 3205/3225-3415/3435 condors for 1.20, IV 17.07%, SPX 3341, deltas: -.06,+.06

#SPX7dteLong Sept 11th 3435/3415 put spreads expiring ITM for max credit of 20.00. Condors sold last Friday for 17.90.

(not so) Bonus trade: Sept 11th 3200/3220 call spreads expire ITM for max debit of 20.00. Sold for 17.25 last week, so loss of 2.75.

SPX trades

#SPX1dte Call side stop was touches, so BTC $SPX Sept 9th 3440/3460 call spreads for .45. Condors sold for 1.15… total closing costs .60, so profit of .55.

#SPX7dteLong Set to expire: $SPX Sept 9th 3480/3460 put spreads for max credit of 20.00. Condors bought for 17.20 last Thursday, so profit of 2.80.

SPX 1-dte

#SPX1dte Sold to Open $SPX Sept 9th 3180/3200-3440/3460 condors for 1.15, IV 31.32%, SPX 3343, deltas -.05,+.06.

Today’s condor: closed put side for .10, remainder expires.

#spx7dtelong

SPX 7-dte

#SPX7dteLong Bought to Open $SPX Sept 14th 3340/3360-3370/3390 condors for 18.25, with SPX at 3367.

SPX 1-dte

#SPX1dte Sold to Open $SPX Sept 8th 3240/3260-3545/3565 condors for 1.25, IV 22.38%, SPX 3431, deltas -.07,+.06. Bit nervous with the three day weekend, but strikes are decently OTM.

#spx7dtelong

SPX 7-dte

#SPX7dteLong Sold to close $SPX Sept 4th 3500/3480 put spreads for 19.25. Condors bought on Monday for 15.90. There looks to be a small chance of a rally to 3480, so not risking it. Now I’m rooting for it so I can make some money on my call side.

Also, super proud for shorting the market near the low today. But I still actually think that will be a winner next week.

SPX 7-dte

#SPX7dteLong Bought to Open $SPX Sept 9th 3460/3480-3490/3510 condors for 17.20, with SPX at 3480.

Also, yesterday: Sept 2nd 3490/3510 call spreads expired ITM for max credit of 20.00. Condors bought last Thursday for 16.45.

SPX trades

#SPX7dteLong Bought to Open $SPX Sept 8th 3495/3515-3525-3545 condors for 16.10, with SPX at 3519.

#spx1dte

SPX 7

#SPX7dteLong Bought to Open $SPX Sept 4th 3480/3500-3510/3530 condors for 15.90, with SPX at 3506.

SPX 7-dte

#SPX7dteLong Sold to close $SPX Aug 31st 3445/3465 call spreads for 18.75. Condors bought for 15.30 on Tuesday. Will look to sell the put side for a buck or less or keep it as a hedge. But it seems hedges are no longer necessary. We are never going down again, ever.

SPX 1-dte

#SPX1dte Sold to Open $SPX 3400/3420-3550/3570 condors for .90, IV 16.37%, SPX 3497, deltas -.06,+.06.

My put side are the same strikes as my #Supercharger bought earlier. Of course, call Superchargers have the exact same profile and risk as Put credit spreads. So I’m doubled up on the down side risk.

#spx7dtelong

SPX 7-dte

#SPX7dteLong Bought to Open $SPX Sept 2nd 3460/3480-3490/3510 condors for 16.45, with SPX at 3483. The price on these went up about a buck after the VIX spike. It was in the mid-15’s this morning.

SPX trades

#SPX7dteLong Bought to Open $SPX Aug 31st 3415/3435-3445/3465 condors for 15.30, with SPX at 3439.

#SPX1dte Sold to Open $SPX Aug 26th 3370/3390-3470/3490 condors for .90, IV 10.9%, SPX 3438, deltas -.07,+.07

SPXpire

#SPX7dteLong Expiring ITM: long $SPX Aug 24th 3395/3415 call spreads for max credit of 20.00. Bought for 15.05 last Tuesday.

#SPX1dte Expiring worthless: short Aug 24th 3320/3340-3440/3460 condors, sold Friday for .90.

SPX 7-dte closed

#SPX7dteLong Sold to Close $SPX Aug 21st 3390/3410 call spreads for 8.25. Put side sold for 4.45 yesterday. Bought for 15.20 on Monday, closed for 12.70 total. Need to break out of this consolidation to get these back into profit mode.

SPX 7-dte

#SPX7dteLong Bought to Oen $SPX Aug 26th 3340/3360-3370/3390 condors for 16.00, with SPX at 3363.

SPX 7-dte

#SPX7dteLong Sold to close $SPX Aug 19th 3370/3350 put spreads for 1.00. Banking on the call side for my expiration profit. Condors bought last Thursday for 15.80.

SPX 7-dte

#SPX7dteLong Bought to Open $SPX Aug 21st 3360/3380-3390/3410 condors for 15.20, with SPX at 3382. Lowest price I have paid in this strategy. But if we are going to consolidate near the 3400 level the exits will get tricky.

SPX 7-dte

#SPX7dteLong Sold to close $SPX Aug 14th 3335/3315 put spreads for 1.35. Planning to close the call side today as well, but looking for a higher close.

Condors bought last Friday for 16.30. If we get a down open tomorrow this one will be flirting with the danger zone, so getting out today.