TQQQ PUT Close / TSLA Call

$TQQQ BTC 11/19/80 put at .15. STO at 1.17. Thank you @jsd501

$TSLA STO 10/29 1150 call at 6.70

O TQQQ Put Close / LVS Call Roll / SQ BUPS Close / SNOW BUCS Close

$O BTC 10/15 70 put at .10. STO at .83
$TQQQ BTC 10/22 110 put at .19. STO at 2.00

$LVS BTC 10/15 40 call and STO 10/22 41 call at added credit of .39. Stock at 40.39

$SQ BTC 10/15 230/240 BUPS at .10. STO at 3.20

$SNOW STC 10/15 325/335 BUCS at $7.00. BTO at 3.90

SOXL TQQQ Put Close / INMD WYNN Call Roll

$SOXL BTC 10/15 40 put at .26. STO at 2.25.
$TQQQ BTC 10/22 90 put at .05. STO at 1.35. Thank you @jsd501

#coveredcalls #syntheticcoveredcalls
$INMD BTC 10/15 77.50 call and STO 11/19 82.50 call at added credit of .80. Stock at 85.18
$WYNN BTC 10/22 89 call and STO 10/29 95 call at debit of of 2.00. Stock at 91.64

NVAX WYNN Calls / HOOD Put Close

#coveredcalls #syntheticcoveredcalls
$NVAX STO 9/24 237.50 call at @2.00
$WYNN STO 10/1 85 call at @1.00

$HOOD BTC 9/24 40 put at .10. STO at 1.50. Thank you @fuzzballl

BX BSX Calls / MRVL Put

$BX BTC 9/24 137 call at .10. STO at 1.80 day before deluge
$BSX STO 9/24 45 call at .40

$MRVL STO 9/24 59 put at .51


$BX BTC 9/17 135 call and STO 9/24 137 call at added credit of .17

NVDA Call / MRVL Strangle / PENN PLTR Put

$NVDA STO 12/18 545 call at 4.60. Sold against Jan long 550.

$MRVL STO 12/18 44.50/46 straddle at 1.11

$PENN STO 12/18 76 put at 1.35
$PLTR STO 12/18 25.50 put at .57 Thank you @honkhonk81

NIO Covered Strangle / TSLA Call Roll / TSLA Call / Electrifying

$NIO STO 11/27 51/55 covered strangle at 2.90

$TSLA BTC 12/4 525 call and STO 12/11 540 call at added $2 credit. Sold against 12/18 long 450 call.

$TSLA STO 11/27 525 call at 12.79

AMZN Roll Calls

$AMZN BTC 2/7 2085 call and STO 2/14 2140 calls at 1.85 extra credit. Sold against long 2/21 1900 calls.

Calls closed

#LongLEAPs #SyntheticCoveredCalls Both sets sold yesterday breached. Waiting before I roll.

BTC $TQQQ June 14th 52 calls for 1.90. Sold for 1.15 yesterday.
BTC $SQ June 14th 64 calls for 1.92. Sold for .97 yesterday.

Long Leaps still kicking

#LongLEAPs #SyntheticCoveredCalls Still holding long leaps, both underwater but cost basis now about zero after all these calls I have sold. I also ended up long some TQQQ stock at 58.00, which I will hold for the eventual recovery.

Sold $TQQQ June 14th 52 calls for 1.15.
Sold $SQ June 14th 64 calls for .97

TQQQ rolls

#SyntheticCoveredCalls Earlier: BTC $TQQQ May 17th 68.5 calls for .12. Sold for 1.26 on Monday.

Now: Sold TQQQ May 31st 65 calls for 1.25

TQQQ calls

#SyntheticCoveredCalls #LongLEAPs I’m still at it, selling weekly calls against my Jan 2020 66.67 long calls. I have been underwater and ITM on them for a few weeks, but the pullback allowed me to escape. I mistakenly forgot to close some ITM calls expiring Friday, so Monday’s gap down was super fortunate and allowed me to finally get above water.

Monday: Sold $TQQQ May 17th 68.5 calls for 1.26 (and covered short stock assigned Friday)
Today: Sold TQQQ May 24th 67.5 calls for 1.23

SQ cals

#LongLEAPs #SyntheticCoveredCalls Sold $SQ Apr 12th 78.5 calls for 1.05

SQ calls closed

#LongLEAPs #SyntheticCoveredCalls BTC $SQ Mar 29th 79.5 calls for .05. Sold for .95 last Tuesday.

SQ calls

#LongLEAPs #SyntheticCoveredCalls Sold $SQ Mar 29th 79.5 calls for .95

TQQQ calls

#LongLEAPs #SyntheticCoveredCalls Sold $TQQQ Apr 5th 54 calls for 3.40

Long LEAPs calls

#LongLEAPs #SyntheticCoveredCalls
this week I got out of one with profit and stopped on the other.

BTC $SQ March 15th 79 calls for .10 on Thursday. Sold for 1.00 last week.
BTC $TQQQ March 22nd 52 calls for 3.30 on Wednesday. Sold for 1.25 on Monday. Not filled on roll attempt today so will try again on Monday.

TQQQ calls

#LongLEAPs #SyntheticCoveredCalls Sold $TQQQ March 22nd 52 calls for 1.25 (earlier)

TQQQ calls closed

#LongLEAPs #SyntheticCoveredCalls BTC $TQQQ March 8th 50 calls for .78. Sold for 2.15 on Feb 22nd.

CRM and SQ

#Earnings Bought to close $CRM March 8th 150/152.5/175/177.5 condors for .23. Sold for 1.15 yesterday.

#LongLEAPs #SyntheticCoveredCalls Sold to Open $SQ Mar 15th 79 calls for 1.00

SQ calls, earnings

#Earnings #LongLEAPs #SyntheticCoveredCalls
Sold $SQ March 1st 85 calls for 1.08. Against my 2020 110 long call LEAPs.

TQQQ calls

#LongLEAPs #SyntheticCoveredCalls
Sold to Open $TQQQ March 8th 50 calls for 2.15. Replacing the ones I closed yesterday.

TQQQ calls

#LongLEAPs #SyntheticCoveredCalls
Bought to close $TQQQ Feb 22nd 48 calls for 1.70. Sold for 2.20 on Feb 12th. Will sell more tomorrow.

SQ calls closed

#LongLEAPs #SyntheticCoveredCalls Bougt to close $SQ Feb 22nd 77 calls for .50. Sold for 2.05 last Wednesday

SQ calls

#LongLEAPs #SyntheticCoveredCalls
Sold $SQ Feb 22nd 77 calls for 2.05. Earnings are the following week.

Rolling TQQQ and NFLX

#longleaps #syntheticcoveredcalls
$TQQQ BTC 2/15 48.5 calls and STO 3/1 50 calls for additional .30 credit. Seemed to be rolling a lot more than I thought. Good exercise I suppose.

$NFLX BTC 2/15 350 calls and STO 2/22 362.50 calls for 4.60 debit. But would gain 12.50 if called away.
$NFLX looked strong today. Stock at 359.97.

TQQQ calls

#LongLEAPs #SyntheticCoveredCalls
Still licking the wounds of last few weeks of calls being blown through.
Sold $TQQQ Feb 22nd 48 calls for 2.20

TQQQ calls

#LongLEAPs #SyntheticCoveredCalls
Filled on the Fed spike: Sold $TQQQ Feb 15th 44 calls for 2.45

SQ rip

#LongLEAPs #SyntheticCoveredCalls

I played this one badly this week. I had rolled last week to ITM Feb 1st 67 calls. I had the chance Tuesday to close for a profit with the pull back all the way down below 68. But I foolishly went by sentiment rather than reality: I thought weakness would continue through the week. That’s what I “thought”. In reality, it was simply a must-exit opportunity. Sold the calls for 5.75… could have exited for less than 3.00.

Now, they’re going for 10.50 as SQ resumes its strong rally.

Lesson learned. When ITM on calls, take any opportunity to exit. Don’t wait for a .30 exit.

Call rolls

#LongLEAPs #SyntheticCoveredCalls
Rolled $SQ Jan 18th 66 calls to Feb 1st 67 calls for .25 credit.
Rolled $TQQQ Jan 18th 42.5 calls to Feb 1st 43.5 calls for .25 credit.

TQQQ calls sold

#LongLEAPs #SyntheticCoveredCalls

Sold $TQQQ Jan 11th 42.5 calls for 1.45. A roll from this week’s calls that were stopped out.

SQ calls sold

#LongLEAPs #SyntheticCoveredCalls

Sold to Open $SQ Jan 18th 66 calls for 1.35. Replace the Jan 4th calls I stopped out of yesterday.

Calls stopped

#LongLEAPs #SyntheticCoveredCalls First time I’ve had to do this in weeks. Both strikes breached so I exited on pull back and will wait for spikes higher to roll.

BTC $SQ Jan 11th 61 calls for 1.65. Sold for 1.20 on Friday.
BTC $TQQQ Jan 11th 40 calls for 1.30. Sold for .85 on Friday.

Calling again

#LongLEAPs #SyntheticCoveredCalls
Sold $TQQQ Jan 11th 40 calls for .85
Sold $SQ Jan 11th 61 calls for 1.20.

Calls sold

#LongLEAPs #SyntheticCoveredCalls
Sold $TQQQ Jan 4th 59 calls for .79
Sold $SQ Jan 4th 39.5 calls for .74

SQ closed

#LongLEAPs #SyntheticCoveredCalls
BTC $SQ Dec 28th 58 calls for .07. Sold for .75 on Friday.

TQQQ calls covered

#LongLEAPs #SyntheticCoveredCalls
BTC $TQQQ Dec 28th 39 calls for .10. Sold for .85 on Friday.

Covered Calls

#LongLEAPs #SyntheticCoveredCalls These would have been better yesterday, but couldn’t catch it.

Sold $SQ Dec 28th 58 calls for .75
Sold $TQQQ Dec 28th 39 calls for .85

It will be hilarious if I just sold at the bottom! Oh, how we will laugh.

Covered Calls closed

#LongLEAPs #SyntheticCoveredCalls
BTC $TQQQ Dec 21st 49 calls for .10. Sold for .90 on Thursday.
BTC $SQ Dec 21st 66 calls for .10. Sold for .84 on Thursday

Calls sold

#LongLEAPs #SyntheticCoveredCalls
Sold $TQQQ Dec 21st 49 calls for .90
Sold $SQ Dec 21st 66 calls for .84

Calls closed

#LongLEAPs #SyntheticCoveredCalls
Closed $SQ Dec 14th 66 calls for .37. Sold yesterday for .72.
Closed $TQQQ Dec 14th 47 calls for .85. Sold yesterday for .80.

Slight profit and about breakeven on what I sold yesterday, since both very close to being breached this morning. Will replace on next big move.

TQQQ calls

#LongLEAPs #SyntheticCoveredCalls
Sold $TQQQ Dec 14th 47 calls for .80

SQ calls

#LongLEAPs #SyntheticCoveredCalls
Sold $SQ Dec 14th 66 calls for .72.

TQQQ calls closed

#LongLEAPs #SyntheticCoveredCalls Since these started the day ITM, taking profits now as this may be a sustained bounce.

BTC $TQQQ Dec 7th 51.5 calls for .55. Sold last week for 1.25.

SQ calls closed

#LongLEAPs #SyntheticCoveredCalls BTC $SQ Dec 7th 67 calls for 1.00. Sold in a roll for 3.10 last week. Stock now at 65.00 after topping out at 73.00 yesterday.

SQ calls rolled

#LongLEAPs #SyntheticCoveredCalls Rolled $SQ Nov 30th 66 calls to Dec 7th 67 calls for .10 credit

TQQQ calls

#LongLEAPs #SyntheticCoveredCalls Sold $TQQQ Dec 7th 51.5 calls for 1.25.

SQ calls

#LongLEAPs #SyntheticCoveredCalls
Sold $SQ Nov 30th 66 calls for 1.15

TQQQ calls closed

#LongLEAPs #SyntheticCoveredCalls

BTC $TQQQ Nov 23rd 50 calls for .15. Sold Thursday for 1.15.

SQ calls closed

#LongLEAPs #SyntheticCoveredCalls
BTC $SQ Nov 23rd 74 calls for .12. Sold Thursday for 1.16.
Since I’m long LEAPs I kind of wish these calls didn’t devalue so quickly.

Covered Calls

#SyntheticCoveredCalls Selling calls against #LongLEAPs
Sold $TQQQ Nov 23rd 50 calls for 1.15
Sold $SQ Nov 23rd 74 calls for 1.16

TQQQ calls

#SyntheticCoveredCalls #LongLEAPs
BTC $TQQQ Nov 16th 59 calls for .15. Sold for 1.25 last Wednesday

TQQQ covered calls

#LongLEAPs #SyntheticCoveredCalls
Sold to Open $TQQQ Nov 16th 59 calls for 1.25.

PYPL calls sold

#SyntheticCoveredCalls Sold to Open $PYPL Nov 16th 88 calls for 1.15.


Adding to TQQQ

#LongLEAPs Bought $TQQQ Jan 2020 66.67 calls for 8.15. Adding to my position. Avg cost (not including #SyntheticCoveredCalls) now 10.12. Hard to believe I paid 17.60 for the first one.

Also, BTC $TQQQ Nov 9th 56 calls for .35. Sold for 1.30 last Wednesday.

Now that I have a full position the call selling will continue to bring down cost basis. I won’t necessarily be holding this very long… I may close it if we reach new highs at the end of this year. I’m not so optimistic about the bull market lasting through 2019.

Covered Calls

Sold $PYPL Nov 9th 85.5 calls for 1.15
Sold $TQQQ Nov 9th 56 calls for 1.30

TQQQ calls

#SyntheticCoveredCalls BTC $TQQQ Nov 2 58 calls for .12. Sold for 1.20 on Thursday. Looks like I’ll be adding to my #LongLEAPs this week.


#SyntheticCoveredCalls BTC $PYPL Nov 2nd 88 calls for .11. Sold for 1.20 on Oct 19th.

#ContagoETFs BTC $SOXL Dec 85 put for 9.00.
#Rolling Sold $SOXL May 65 put for 9.25

LEAP covered calls

#LongLEAPs #SyntheticCoveredCalls
Sold $TQQQ Nov 2nd 58 calls for 1.20.
Sold $SQ Nov 2nd 77 calls for 1.20.

TQQQ calls

#LongLEAPs #SyntheticCoveredCalls
Closed on GTC order: $TQQQ Oct 26th 60 calls for .15. Sold for 1.40 on Friday. Will wait for at least a small rally before selling more.

Puts and Calls

#ShortPuts #ContangoETFs Sold $SOXL Feb 75 put for 7.00. This one is getting a little nerve wracking, breaking 100 today. I have 3 shorts; won’t be selling new ones, and rolling any that get breached.

#longleaps, #syntheticcoveredcalls

TQQQ synthetic

#SyntheticCoveredCalls Sold $TQQQ Oct 26th 60 calls for 1.40. Against my 2020 66.67 #LongLEAPs

SQ synthetic

#SyntheticCoveredCalls Sold $SQ Oct 26th 80 calls for 1.25. Good premium for only one week out. It topped out at 80 last week. These are against my 2020 #LongLEAPs.

PYPL synthetic

#SyntheticCoveredCalls Sold to Open $PYPL Nov 2nd 88 calls for 1.20.
These aren’t really that covered, as I have the Jan 2019 100-strike #LongLEAPs, which are trading for about 1.00.
Also looking to sell calls in $SQ, where premium is much higher than PYPL, so I’m waiting to see if it tops out.

Joining the TQQQ Queue

#SyntheticCoveredCalls #LongLEAPs
Bought $TQQQ Jan 2020 66.67 call for 17.60. Plan to sell calls against it.


#CoveredCallCampaign Sold $FB Oct 5th 160 puts for 4.00.
#PieTrades Sold $MU Sep 14th 47.5 covered call for .75
#PieTrades Sold $OLED Sep 14th 125 call for 2.00.
#SyntheticCoveredCalls Closed $PYPL Sep 21st 95 calls for .11. Sold for 1.10 on Tuesday.

PYPL synthetic covered

#Earnings My long languishing Jan 2019 100 calls are looking better. Selling calls against them has been a bitch. Truing again:
Sold $PYPL Sept 21st 95 #SyntheticCoveredCalls for 1.10

Covered Call type of morning in PDX

Back home at last… slept well so keeping jet lag at bay!
#CoveredCallCampaign #SyntheticCoveredCalls Since I’ve been trading lighter I mostly only have long stock and long #LEAPs positions. Looking for new entries… who’s got something?

Wednesday I was over the Pacific without enough WiFi megabytes to trade, so fortunately the market didn’t do much.

Tuesday: BTC $SQ 75 calls for 1.55. Small loss. #StrangleRoll: Sold Aug 31st 73.5/78.5 strangles for 1.95.
Tuesday: BTC SQ Aug 24th 76 call for 1.16 & Aug 31st 76 call for 1.96. Breakeven combining the two.
Today: #Rolling Sold SQ Sep 7th 79 call for 1.55; sold Sept 7th 80 call for 1.50

Today: Sold $BABA Sep 14th 195 Covered Call for 1.50

Tuesday: Rolled $AAPL Aug 24th 202.5 #CoveredCalls to Aug 31st 205 covered calls, breakeven. Still underwater on this one but managing to creep my strike up.

Today: Sold $FB Sep 14th 182.5 covered call for 1.45.

Today: Sold $AMAT Aug 31st 43 covered call for .80. This #PieTrade is a stinker… not much premium to work with.



Catching up on posting from the last 7 days…

TODAY (Monday)
Sold $AAPL Aug 24th 202.5 #CoveredCalls for 7.00. This replaces the Aug 17th 202.5 calls I closed last week for 7.40, to avoid being called away on the ex-div date. I’m rolling ITM calls after earnings trade got breached.
Sold $SQ Aug 24th 76 call for 1.25, and Aug 31st 76 calls for 1.23

Sold $PYPL Aug 31st 90 calls for 1.10. A roll-up from Aug 24th 87.5 calls stopped last week.

Sold $MU Aug 24th 53 covered call for .85. #PieTrades

#Rolling #StrangleRoll $TSLA Aug 17th 332.5 calls to Aug 17th 332.5/335 strangles for .65 credit. Will roll soon to avoid early assignment.

#Earnings Bought $YELP Aug 10th 38.5 #LongStraddles for 4.94. Sold the calls next day for 9.95. This trade usually works on YELP.

Stopped $FB Aug 24th 187.5 covered calls for 3.85. Rolled to Aug 31st 180/195 strangles for 3.83. Looks like I got stopped at the top. #CoveredCallCampaign.

#PieTrades Rolled $AMAT Aug 10th 46.5 covered call to Aug 17th 46.5 for .30 credit.

#VXXGame Closed $VXX Sep 21st 50 call for .46. Sold for 5.65 on April 17th.

Bulls ran me over

#Earnings. Quite a week for blind trading… Thursday’s bullish run looks good for my trades in $SHOP (#Earnings), $MRVL (#PreEarnings), and $NVDA (#SuperCharger).

But I’m under water with naked calls 330 calls in $TSLA, and #CoveredCalls in $AAPL and $SQ. I will have to roll on Friday. May require me to stay up late!

Closed $TSLA 260 puts for .06. Sold for 2.75
Sold $PYPL Aug 17th 87.5 #SyntheticCoveredCalls for .80.

AMAT roll & PYPL rolls

#PieTrades On Tuesday’s down open, I closed $AMAT July 13th 46 #CoveredCall for .57. Sold for .70 last week. It had been ITM so the pullback helped, and I planned to sell the new one on the bounce.
Took a couple days for the bounce!
Today, sold AMAT July 20th 46 call for .75.

#LEAPs #SyntheticCoveredCalls
Stopped $PYPL July 20th 87 calls for 2.16 and 88 calls for 1.50.
Sold July 20th 87.5 puts for 1.10 and 1.35.
Earnings on July 25th. I believe this one will consolidate or run higher from here into earnings. If it surges I may try to squeeze in some more short calls, or just wait for an earnings strangle.

SQ calls sold

#LEAPs Sold $SQ July 27th 68.5 #SyntheticCoveredCalls for 1.11. These are against my long January 60 calls.

A few trades

#LEAPs BTC $SQ July 20th 71 #SyntheticCoveredCalls for .15. Sold for 1.35 in June.

#CoveredCallCampaign BTC $BABA July 20th 202.5 #CoveredCall for .21. Sold for 2.05 in June

#VXXGame Sold $VXX Dec 50 call for 3.50

PYPL team effort

@smasty160 and I teamed up to pick a financial stock to add to our unbalanced diagonal portfolio. Here’s my PYPL trade:
Bot PYPL Aug17 82.5c @ 6.09 x5, Sold Jun22 86.5 @.81 x4 for $2720 total.

#coveredcalls, #syntheticcoveredcalls