OptionsExpiration

Expired:
AMC 06/04/2021 15.0 Puts
LABU 06/04/2021 66.0 Diagonal Call
LABU 06/04/2021 55.0 Diagonal Put
SQQQ 06/04/2021 17.0/12.0 Bear Call Spreads
VXX 06/04/2021 33.0 Diagonal Put – #VXXContango
VXX 06/04/2021 46.0 Covered Call
VXX 06/04/2021 46.0/50.0 Bear Call Spreads
VXX1 06/04/2021 13.50 Diagonal Calls

Assignments:
VXX1 06/04/2021 13.0 Puts (25sh each) – adj cost 34.00 after put premium
VXX1 06/04/2021 12.0 Puts (25sh each) – adj cost 33.64 after put premium
VXX1 06/04/2021 10.5 Puts (25sh each) – adj cost 33.80 after put premium
VXX1 06/04/2021 10.0 Puts (25sh each) – adj cost 33.52 after put premium

Everything else was rolled to next week.

VXX Puts rolled down

Rolled 1 VXX 06/04/2021 35.0 Put to next week’s 35.5 Put @ 0.26 Credit
Rolled 1 VXX 06/04/2021 35.0 Put to next week’s 34.5 Put @ 0.34 Credit
Rolled 1 VXX 06/04/2021 34.0 Put to next week’s 33.0 Put @ 0.25 Credit
Rolled 1 VXX 06/04/2021 33.50 Put to next week’s 32.0 Put @ 0.16 Credit.
#VXXContango shorts against July and September longs

VXX

Closing more long #VXXContango long side puts.
Sold VXX1 06/18/2021 8.0 Puts @ 0.27. Bought last November @ 0.22 and 0.23.
Wrote against them many, many times.
These were my highest cost lots. If VXX drops below 32, my remaining long puts go in the money.

VXX Adjustments

Bought to open 1 VXX Jul 16 2021 25.0 Put at $0.11. I will use this as a long hedge for writing weekly #VXXContango Put sales for the next 6 weeks

Sold 1 VXX Jun 18 2021 50.0 Call at $0.77. Sold against an existing long call from an earlier spread.
Sold 1 VXX Jun 25 2021 50.0 Call at $1.15. Sold against an existing long call from an earlier spread.

Sold VXX1 Jun 18 2021 11.0 Call at $0.28
Sold VXX1 Jun 18 2021 12.0 Call at $0.21.
Trying to sell more of these.

VXX

Selling off some long Puts:

Sold to Close VXX1 Jun 18 2021 8.0 Puts Limit at $0.25. I’ve been in this lot almost a year and I’m selling 20% above my average cost.
This is only a tiny percentage of this long position as I was buying them as the long side on #VXXContango trades for many months.

Sold VXX1 Jun 18 2021 9.0 Puts Limit at $0.79, $0.84 & $0.90, with gains on all these trades.
Also only a portion of a bigger long.

VXX1 Puts Rolled down

Bought to close VXX1 May 21 2021 10.5 Puts at $0.36. Sold them on another rolldown last week at $0.48.

Replaced them with VXX1 May 28 2021 10.0 Puts at $0.38 for a small overall credit.
My long position is some old June 10.0 Puts so this is now a calendar spread.
#VXXContango

VXX Puts closed

Bought to close VXX May 14 2021 36.0 Puts at $0.01. They won’t trade any lower.
Sold them at $0.62 on a rolldown last Friday.
#VXXContango

VXX1 Put rolldown

It’s been a while since I’ve been able to roll one of my short VXX ITM puts down for a credit.
Bought to close VXX1 May 14 2021 11.0 Puts at $0.46. Sold them at $1.27 on a roll out last Friday.

Replaced them with VXX1 May 21 2021 10.5 Puts at $0.48.

My long hedge is some old June 9.0 and 10.0 Puts that are trading at a nice gain.
#VXXContango

VXX Long Puts sold

Sold to close VXX1 JUN 18 2021 $10 Puts (ADJ) @ 1.51.
Purchased on May 07 2020 @ $0.94 and I’ve been writing against it weekly for almost a year.
And this was my highest cost lot.
I have two more lots @ 0.79 & 0.50
#VXXContango

VXX Put Roll

Bought to close VXX May 07 2021 37.5 Puts / Sold to Open VXX May 14 2021 36.0 Puts at $0.13 Credit.
Sold against long July 25.0 Puts already in the account.
#VXXContango

VXX

#VXXContango trade – a really long one
Bought to Open 1 VXX Jan 20 2023 5.0 Put at $0.15.
627 DTE (Days to Expiration)
Bought to Open 2 VXX Jun 16 2023 5.0 Puts at $0.27.
774 DTE (Days to Expiration)
VXX at 38.70.

These are “after the split” strikes

VXX Put winner

Bought to close VXX 04/23/2021 9.50 Diagonal Puts @ 0.01.
They won’t trade any lower and I’m out before tomorrow’s reverse split in VXX.
Sold these last week on a rolldown @ 0.18 average price.
#VXXContango

VXX Put rolldown

A rare chance to roll down the strike.
Bought to close VXX Apr 23 2021 10.5 Puts / Sold to Open VXX Apr 30 2021 10.0 Puts at $0.02 Credit.
Sold the 10.50 puts last Friday on a roll @ 0.85. Covered today @ 0.32.

The new short strike has now reached the strike of my long June 10 Puts.
#VXXContango

VXX

Selling some long Puts to get ready for Friday’s split.
Sold to close VXX Jan 21 2022 5.0 Puts @ 0.46.
This was my first lot of these puts bought on 05/26/2020 at $0.29.
I’ve been writing against them for almost a year. I still have plenty left with an average cost of $0.16
#VXXContango

VXX Contango Payoff

Sold to close 2 VXX 01/21/2022 8.0 Puts @ 1.80
Bought on 06/05/2020 @ 0.98
In the 9 months I’ve held the long I’ve probably recovered the long put cost half a dozen times.

Waiting until after the coming reverse split to start some new #VXXContango strategies.

VXX Puts

New #VXXContango Trade.
Bought to Open VXX Jun 17 2022 3.0 Puts / Sold to Open VXX Apr 16 2021 10.0 Puts at $0.05 Net Credit.
Short DTE = 8
Long DTE = 435
VXX at 10.31

VXX Puts

My short strike price finally caught up to the strike on my existing long term puts left over from earlier #VXXContango Trades.
Sold VXX 04/16/2021 10.0 Puts @ 0.20.
Sold against existing long June 10 and September 10 Puts.

VXX Contango Special

Bought to Open VXX Jun 18 2021 8.0 Puts / Sold to Open VXX Apr 09 2021 11.0 Puts at $0.11 Credit
VXX at 11.60
Short DTE = 10
Long DTE = 80

#VXXContango

VXX Contango Special

Bought to open VXX Jun 18 2021 9 Puts / Sold to Open VXX Feb 12 2021 16.0 Puts @ 0.03 Credit.
Short DTE = 3
Long DTE = 129
#VXXContango

VXX Puts

Bought to open VXX Jan 21 2022 5.0 Puts / Sold to Open VXX Feb 05 2021 17.0 Puts @ 0.03 Credit
#VXXContango special
VXX 17.79
Short DTE = 2
Long DTE = 352

VXX Puts

new #VXXContango special
Bought to open VXX Jan 21 2022 6.0 Puts / Sold to Open VXX Feb 05 2021 17.5 Puts @ 0.06 Credit
VXX = 18.30
Short DTE = 3
Long DTE = 353

VXX

New #VXXContango Special
Bought to open VXX Sep 17 2021 5.0 Puts / Sold to Open VXX Feb 05 2021 17.0 Puts @ 0.04 Credit
Short DTE = 4
Long DTE = 228

OptionsExpiration

Expired:
SLB Jan 29 2021 23.50 Diagonals Calls
SLB Jan 29 2021 24.00 Diagonals Calls
SLB Jan 29 2021 24.50 Diagonals Calls

SPY Jan 29 2021 383.0 Diagonal Call
SPY Jan 29 2021 385.0 Diagonal Call

SQQQ Jan 29 2021 17.0 Covered Call

XRT Jan 29 2021 95.0 Diagonal Call

VXX Jan 29 2021 15.0 Diagonal Puts – #VXXContango
VXX Jan 29 2021 15.5 Diagonal Puts – #VXXContango

Assignments:
GME Jan 29 2021 50.0 Covered Call (a one day trade)

A very interesting week 🙂

VXX Puts

Another #VXXContango Special works as planned.
Bought to close 01/22/2021 16.0 Diagonal Puts @ 0.01. Sold these on 01/20 @ 0.27

Now net long some more Jan 2022 6.0 Puts for free.

VXX

Going out to next week for 2 #VXXContango Specials since the ones for this week seem to be working.
Bought to open VXX Jun 18 2021 9.0 Puts / Sold to Open VXX Jan 29 2021 15.5 Puts @ 0.04 Credit
Short DTE = 9
Long DTE = 149

Bought to Open VXX Apr 16 2021 10.0 Puts / Sold to Open VXX Jan 29 2021 15.0 Puts @ 0.02 Credit.
Short DTE = 9
Long DTE = 86

VXX Puts

A new #VXXContango Special
Bought to open VXX Jan 21 2022 6 Puts Net Credit/ Sold to Open VXX Jan 22 2021 16 Puts @ 0.02 Credit
Short position DTE = 3
Long position DTE = 367
VXX = 16.85

VXX

Another new #VXXContango special
Bought to open VXX Sep 17 2021 6.00 Puts / Sold to Open VXX Jan 22 2021 15.50 Puts @ 0.02 Net Credit.
Short DTE (including the 3 day weekend) = 7
Long DTE = 245

VXX

Next week’s new #VXXContango special
Bought to open VXX Jun 18 2021 8.00 Puts / Sold to Open VXX Jan 22 2021 15.50 Puts @ 0.03 Net Credit.
Short DTE (including the 3 day weekend) = 7
Long DTE = 154

I’ve got several short VXX puts expiring today plus lots and lots of short calls

VXX Contango Special

Another one:
Bought to open VXX Jan 21 2022 6.0 Puts / Sold to Open VXX Jan 08 2021 16.0 Puts @ 0.12 Credit.

Short DTE = 9 (includes the holiday weekend)
Long DTE = 387

VXX at 17.05.
#VXXContango special.

VXX Contango Special

Bought to open VXX Jun 18 2021 9.0 Puts / Sold to Open VXX Jan 08 2021 16.0 Puts @ 0.08 Credit.
Short DTE = 9 (includes the holiday weekend)
Long DTE = 170
VXX at 17.25.
#VXXContango special.

VXX Contango Specials

Bought to open VXX Jun 18 2021 7 Puts / Sold to Open VXX Dec 31 2020 16.0 Puts at $0.04 Credit.
Bought to open VXX Jun 18 2021 8 Puts / Sold to Open VXX Dec 31 2020 16.5 Puts at $0.08 Credit.

Short DTE = 8
Long DTE = 177

VXX = 17.51
#VXXContango

VXX Contango Special

#VXXContango Special
Bought to open VXX Jan 21 2022 5 Puts / Sold to Open VXX Dec 24 2020 16.5 Puts at $0.07 Credit
Short DTE = 6
Long DTE = 399

VXX Puts

#VXXContango Special
Buy to Open VXX Jun 18 2021 7 Puts / Sell to Open VXX Dec 18 2020 16.5 Puts $0.04 Credit.
Short = 1 DTE
Long = 183 DTE

VXX Weekly Put roll

Bought to Close VXX Dec 04 2020 17.5 Puts / Sold to Open VXX Dec 11 2020 17.0 Puts at $0.12 Credit plus a 0.50 lower strike.
The 17.50 short puts were the short side of a #VXXContango special from 11/23.

That just leaves the Dec 04 2020 17.0 Puts left to cover. They are currently out of the money with VXX at 17.10 but I don’t think VXX stays up here into the close.

But at least I have ALL the short 12/04/2020 calls from my VXX strangles expiring today.

VXX Puts

Bought to close Buy to Close VXX Dec 04 2020 16.5 Puts at $0.01. They won’t trade any lower.

Part of a #VXXContango special from 11/24.
I now own some VXX June 7.0 puts for free.