VXX Put Spreads

All my short VXX puts expired Friday. Setting up new #VXXContango Spreads this morning:
Bought VXX Dec 16 2022 9.0 Puts at $0.06 DTE = 74
Bought VXX Jan 20 2023 8.0 Puts at $0.07 DTE = 109
Bought VXX Mar 17 2023 7.0 Puts at $0.15 DTE = 165
Bought VXX Jun 16 2023 6.0 Puts at $0.31 DTE = 256
Bought VXX Jan 19 2024 5.0 Puts at $0.37 DTE = 473

Sold VXX Oct 07 2022 19.5 Puts at $0.33 and $.039
Sold VXX Oct 07 2022 19.0 Puts at $0.17
Sold VXX Oct 07 2022 18.5 Puts at $0.08 and $0.09
DTE = 4

OptionsExpiration

Hanging in there despite the markets at new lows A couple of early overnight assignments I’ll have to deal with

==Expired ==
LABU 14/8.5 Bear Call Spreads
LABU 8.0 Covered and Diagonal Calls
LABU 7.5 Covered Calls
SLV 15/16.5 Bull Put Spreads
SOXL 8.5 Diagonal Puts
TNA 46.5/35 Bear Call Spread
TNA 46/34.5 Bear Call Spread
TNA 34/34.5/35 Covered Calls
TQQQ 37/26.5 Bear Call Spread
TQQQ 36.5/26.5 Bear Call Spread
TQQQ 36/26 Bear Call Spread
TQQQ 24/24.5/25 Covered Calls
TQQQ 17/19 Bull Put Spreads

UVXY 19/14.5 Bear Call Spread
UVXY 14.0 Diagonal Call
UVXY 13.5 Diagonal Call
UVXY 12.0 Diagonal Puts — #UVXYContango

VXX 27.0 Diagonal Calls
VXX 26.0 Diagonal Calls
VXX 25.5 Diagonal Calls
VXX 25.0 Diagonal Calls
VXX 24.0 Diagonal Calls
VXX 23.0 Diagonal Calls
VXX 22.5 Diagonal Calls
VXX 22.0 Diagonal Calls
VXX 18.5 Diagonal Puts — #VXXContango
VXX 18.0 Diagonal Puts — #VXXContango

==Assignments==
SOXL 12.5 Puts – Adjusted stock cost after put premium is $9.56
UVXY 10.5 Calls – net stock short of $12.39 after the call premium. I had an order in to cover the short today at 11.90, and it hit it, but no fill (I was too greedy). I’ll try again Monday

VXX Long term Puts

Bought VXX Jan 20 2023 11.0 Puts at $0.10 to write more weekly puts against
#VXXContango

OptionsExpiration

It’s a Bear Market.
Lots of Covered and Diagonal Calls expired in LABU, TNA, TQQQ and even in VXX (unexpected).
Some Puts were rolled down in TNA and TQQQ, and some calls rolled up in UVXY.
Puts in UVXY and VXX were major gainers. And plenty of VXX puts are still on the books for next week.
==Expired==
LABU 14/10.5 Bear Call Spreads
LABU 9.0 Covered Calls

SLV 17.0 Diagonal Puts

TNA 40/40.5/41 Covered Calls
TNA 41.5 Diagonal Call
TNA 48.5/42 Bear Call Spreads
TNA 50/42.5 Bear Call Spreads

TQQQ 27/27.5/28 Covered Calls
TQQQ 36/28.5 Bear Call Spreads
TQQQ 37.5/28 Bear Call Spreads
TQQQ 20.0 Diagonal Puts
TQQQ 19.5 Diagonal Put

UVXY 20.5/12 Bear Call Spreads
UVXY 9.5 Diagonal Puts — #UVXYContango
UVXY 9.0 Diagonal Puts — #UVXYContango

VXX 28/21.5 Bear Call Spreads
VXX 25/21 Bear Call Spreads
VXX 21.0 Diagonal Calls
VXX 20.5 Diagonal Calls
VXX 18.5 Diagonal Puts — #VXXContango
VXX 18.0 Diagonal Puts — #VXXContango
VXX 17.5 Diagonal Puts — #VXXContango
VXX 17.0 Diagonal Puts — #VXXContango
VXX 16.5 Diagonal Puts — #VXXContango

== Assignments==
None

VXX Puts

Rolled my largest short put position:
Bought VXX Sep 23 2022 19.5 Puts at $0.35. Sold last week on a rolldown at $1.04.
Sold to Open VXX Sep 30 2022 18.5 Puts at $0.37 for a $0.02 Credit and a full point better on the short strike.
I’m now expecting my VXX 18.5, 18.0, 17.5, 17.0 and 16.5 Diagonal Puts to expire along with 20.5, 21.0 and 21.5 short calls.
#VXXContango #OnlySpreads

VXX Puts Rolled down

Bought to close VXX Sep 23 2022 19.0 Puts at $0.32. Sold last week on a rolldown at $0.63.
Sold VXX Sep 30 2022 18.0 Puts at $0.38 for a $0.06 Credit and a full point better on the short strike
#VXXContango #OnlySpreads

VXX Long term Puts

Bought VXX Nov 18 2022 12.0 Puts at $0.04.
Bought VXX Jan 20 2023 11.0 Puts at $0.15.
Bought VXX Jan 20 2023 10.0 Puts at $0.07.
Setting up additional longs to write weekly puts against
#VXXContango #OnlySpreads

These buys also lowered my option spread requirements in VXX for this week too 🙂

VXX Puts

New Diagonal spreads on the open. Replacing VXX long puts that expired Friday
The short side went in the money almost immediately, but it may not stay there, and I can roll the shorts weekly for more cash if necessary.
Bought to Open VXX Nov 18 2022 12.0 Puts at $0.18
Sold to Open VXX Sep 23 2022 18.5 Puts at $0.31 at $0.13 Credit
Long DTE = 60
Short DTE = 4

Bought to Open VXX Dec 16 2022 12.0 Puts at $0.36
Sold to Open VXX Sep 23 2022 18.5 Puts at $0.44 at $0.08 Credit
Long DTE = 88
Short DTE = 4

Bought to Open VXX Jan 20 2023 12.0 Puts at $0.41
Sold to Open VXX Sep 23 2022 18.5 Puts at $0.44 at $0.03 Credit
Long DTE = 123
Short DTE = 4

Bought to Open VXX Mar 17 2023 8.0 Puts at $0.38
Sold to Open VXX Sep 23 2022 18.5 Puts at $0.40 at $0.02 Credit
Long DTE = 179
Short DTE = 4

Bought to Open VXX Jun 16 2023 6.0 Puts at $0.32
Sold to Open VXX Sep 23 2022 18.5 Puts at $0.34 at $0.02 Credit
Long DTE = 270
Short DTE = 4
#VXXContango

VIX vs. VXX

Another day where VXX is broken
Near the open VIX up 5%, VXX down over 6%

Sold VXX Sep 23 2022 16.5 Puts at $0.06
Sold VXX Sep 23 2022 17.0 Puts at $0.11 $0.13 and $0.15
Sold VXX Sep 23 2022 17.5 Puts at $0.21, $0.24, $0.27 and $0.30
Sold VXX Sep 23 2022 18.0 Puts at $0.41 , $0.45, $0.49 and $0.62
#VXXContango

OptionsExpiration

A big monthly expiration. A lot of old long Puts in VXX rolled off, but I was able to write against them one last time and recover the original cost yet again (more in fact) #VXXContango .
A big expiration in TNA and TQQQ (with the market really weak two of the last three weeks). Every short position in TNA expired(including the puts).

I will go into next week with almost no short options except short strangles in VXX and a few puts in SOXL and TQQQ.

==Expired==
LABU 10.0 Covered Calls
LABU 10.0 Diagonal Calls
LABU 15/10.5 Bear Call Spreads

SLV 15/17.5 Bull Put Spreads

SOXL 10/11.0 Bull Put Spreads
SOXL 11.5 Diagonal Puts

TNA 40.0 Diagonal Calls
TNA 41.0 Diagonal Calls
TNA 42.5 Diagonal Call
TNA 43.0 Diagonal Call
TNA 44.0 Diagonal Call
TNA 44.0 and 45.0 Covered Calls
TNA 60/48 Bear Call Spread
TNA 59/47 Bear Call Spread
TNA 58/46 Bear Call Spread
TNA 56/44 Bear Call Spreads
TNA 36.0 Diagonal Put
TNA 35.0 Diagonal Put
TNA 34.5 Diagonal Put

TQQQ 29.0 Diagonal Call
TQQQ 29.0 Covered Calls
TQQQ 30.0 Diagonal Calls
TQQQ 31.0 Diagonal Calls
TQQQ 32.0 Diagonal Calls
TQQQ 47/33 Bear Call Spread
TQQQ 46/34 Bear Call Spread
TQQQ 45/33 Bear Call Spread
TQQQ 23.0 Diagonal Puts

UVXY 18/12 Bear Call Spreads
UVXY 9.0 Diagonal Puts — #UVXYContango
UVXY 8.5 Diagonal Puts — #UVXYContango

VXX 26.5/20.5 Bear Call Spreads
VXX 26/20.5 Bear Call Spreads
VXX 25.5/20.5 Bear Call Spreads
VXX 20.5 Diagonal Calls
VXX 10/17.5 Bull Put Spreads
VXX 13/17.5 Bull Put Spreads
VXX 14/18 Bull Put Spreads
VXX 15/18 Bull Put Spreads

==Assignments==
None

VXX Calls and Put Rolldowns

Moving on to next week:
Sold VXX Sep 23 2022 20.5 Diagonal Calls at $0.17, $0.18, $0.19 and $0.21
I’m letting this week’s 20.5 Calls expire (along with my 17.5 and 18.0 short Puts)

Bought to close VXX Sep 16 2022 20.0 Puts at $1.02. Sold last Friday on a roll at $2.20
Sold to Open VXX Sep 23 2022 19.5 Puts at $1.04 for a $0.02 Credit and dropped the short strike by $0.50

Bought to close VXX Sep 16 2022 19.5 Puts at $0.45. Sold last Friday on a roll at $1.38
Sold to Open VXX Sep 23 2022 19.0 Puts at $0.63 for a $0.18 Credit and dropped the short strike by $0.50

Gives me 19.5/20.5 and 19.0/20.5 short strangles for next week.
#VXXContango #OnlySpreads

VXX Puts and Calls

Last trades for VXX for this week:
Bought to close VXX Sep 09 2022 18.5 Puts / Sold to Open VXX Sep 16 2022 18.0 Puts at $0.08 Credit and lowered the short strike another $0.50

Sold to Open VXX Sep 16 2022 20.5 Diagonal Calls at $0.08 and $0.09, paired off with the short 18.0 puts above.

Bought to close VXX Sep 09 2022 18.0 Puts at $0.01
#VXXContango

VXX Put Spreads

Bought to Open VXX Mar 17 2023 7.0 Puts at $0.11
Sold to Open VXX Sep 09 2022 18.5 Puts at $0.14 for a $0.03 Credit for the first week
Long DTE = 191
Short DTE = 2

Bought to Open VXX Jan 20 2023 8.0 Puts at $0.08
Sold to Open VXX Sep 09 2022 18.5 Puts at $0.11 for a $0.03 Credit for the first week
Long DTE = 135
Short DTE = 2

Bought to Open VXX Dec 16 2022 9.0 Puts at $0.09
Sold to Open VXX Sep 09 2022 18.5 Puts at $0.12 for a $0.03 Credit for the first week
Long DTE = 100
Short DTE = 2

Bought to Open VXX Nov 18 2022 10.0 Puts at $0.06
Sold to Open VXX Sep 09 2022 18.5 Puts at $0.09 for a $0.03 Credit for the first week
Long DTE = 72
Short DTE = 2
#VXXContango

OptionsExpiration

An extremely profitable week for my Diagonal and Covered Calls in TNA and TQQQ. Not too bad for VXX, SOXL, TNA, TQQQ and SLV puts either(although I had to roll some).

Going into next week with a lot less positions(risk) as many Bear Call spreads expired with gains.

Shorts Expiring:
BBBY 14.0 Diagonal Call
LABU 15/11.5 Bear Call Spreads
LABU 11.5 Diagonal Calls
TLRY 5.0 Covered Calls
TNA 39/39.5/40 Covered Calls
TNA 51/43.5 Bear Call Spread
TNA 52/43.5 Bear Call Spread
TNA 55/46 Bear Call Spreads
TQQQ 27/28.5/30/33 Covered Calls
TQQQ 31.5 Diagonal Calls
TQQQ 42/33 Bear Call Spreads
TQQQ 43/34 Bear Call Spreads
UVXY 12.5 Diagonal Calls
UVXY 13.0 Diagonal Calls
UVXY 8.5 Diagonal Put — #UVXYContango
VXX 29/20.5 Bear Call Spreads
VXX 30/20.5 Bear Call Spreads
VXX 18.5 Diagonal Puts — #VXXContango

VXX, SLV Puts and TQQQ, TNA Calls closed at a penny

Bought to close TQQQ Sep 02 2022 27.5 Diagonal Calls at $0.01. Sold on a roll last Friday at $6.95
Bought to close TQQQ Sep 02 2022 29.0 Diagonal Calls at $0.01. Sold on a roll last Friday at $5.55
Bought to close TQQQ Sep 02 2022 30.0 Diagonal Call at $0.01. Sold on a roll last Friday at $3.18

Bought to close TNA Sep 02 2022 42.0 Diagonal Call at $0.01. Sold last week on a roll at $6.54
Bought to close TNA Sep 02 2022 42.5 Diagonal Calls at $0.01. Sold last week on a roll at $6.47

Bought to close SLV Sep 02 2022 16.5 Diagonal Puts at $0.01. Sold Wednesday at $0.13

Bought to close VXX Sep 02 2022 19.0 Diagonal Puts at $0.01. Sold at $0.09 up to $0.18.
#VXXContango

VXX and SLV Puts rolled out

Bought to close VXX Sep 02 2022 20.0 Diagonal Puts / Sold to Open VXX Sep 09 2022 20.0 Puts at $0.22 Credit
Bought to close VXX Sep 02 2022 19.5 Diagonal Puts / Sold to Open VXX Sep 09 2022 19.5 Puts at $0.28 Credit
#VXXContango

Bought to close SLV Sep 02 2022 17.0 Diagonal Puts / Sold to open SLV Sep 09 2022 17.0 Puts at $0.11 Credit.

Short trading week next week

VXX

Setting up new long puts for future #VXXContango writes:
Bought VXX Nov 18 2022 11.0 Puts at $0.11
78 DTE

Sold VXX Sep 02 20.22 20.5 Diagonal Calls at $0.08, $0.09 and $0.13
Paired with a massive number of short Sep 02 2022 Puts at 18.5/19.0/19.5 and 20.0
1 DTE

SLV VXX SOXL Puts

Set up two new diagonal spreads on SLV:
Bought SLV Oct 07 2022 15.0 Puts at $0.07
Sold SLV Sep 02 2022 17.0 Puts at $0.13 for a $0.06 Credit for the first week
Bought SLV Oct 21 2022 15.0 Puts at $0.14
Sold SLV Sep 02 2022 17.0 Puts at $0.20 for a $0.06 Credit for the first week.

Sold SOXL Sep 02 2022 13.0 Diagonal Puts at $0.36

Not sure how this one filled but I’ll take it:
Sold VXX Sep 02 2022 18.5 Diagonal Puts at $0.09

New Diagonal:
Bought VXX Mar 17 2023 9.0 Puts at $0.23
Sold VXX Sep 02 2022 19.5 Puts at $0.31 for $0.08 Credit for the first week.
Long DTE = 199
Short DTE = 3
#VXXContango

#OnlySpreads

VXX Puts

Sold VXX Sep 02 2022 20.0 Put at $0.80
Sold VXX Sep 02 2022 19.5 Puts at $0.40 and $0.45
Sold VXX Sep 02 2022 19.0 Puts at $0.15 and $0.18
Replacing similar puts that were covered or expired Friday.

New Diagonal:
Bought VXX Jun 16 2023 7.0 Puts / Sold VXX Sep 02 2022 19.5 Puts at $0.10 Credit for the first week.
Long DTE = 291
Short DTE = 4
#VXXContango

OptionsExpiration

Rolled quite a bit more than I had too, but a good week anyway.

Shorts Expiring:
LABU 15/12 Bear Call Spreads
LABU 10.5 Covered Calls
SLV 15/17 Bull Put spreads
TNA 47.0 Diagonal calls
TQQQ 45/38 Bear Call Spreads
TQQQ 34.5 Diagonal Calls
VXX 19.5 Diagonal Puts — #VXXContango

Assignments:
Called out of another 100 shares of TQQQ when the Aug 26 2022 27.0 Covered call was exercised Thursday night. With the Call premium, I’m out of the stock at $36.43

More VXX Puts

Bought to close VXX Aug 26 2022 19.5 Diagonal Puts at $0.01 (partial fill)
Leaves long VXX Nov 18 2022 11.0 Puts fully paid for.
Rolled down short VXX Aug 26 2022 20.5 Puts to VXX Sep 02 2022 20.0 Puts at $0.01 Credit
Rolled down short VXX Aug 26 2022 20.0 Puts to VXX Sep 02 2022 19.0 Puts at $0.01 Credit
#VXXContango

VXX Puts

Bought to close VXX Aug 26 2022 19.0 Diagonal Puts at $0.01.
Leaves my long VXX Oct 21 2022 11.0 Puts fully paid for and available to write against again.
At least one of my #VXXContango trades worked this week.

More VXX Puts

Bought VXX Oct 21 2022 11.0 Puts / Sold VXX Aug 26 2022 19.0 Puts at $0.02 Credit for the first week.
Long DTE = 57
Short DTE = 1
Bought VXX Nov 18 2022 11.0 Puts / Sold VXX Aug 26 2022 19.5 Puts at $0.08 Credit for the first week.
Long DTE = 85
Short DTE = 1
#VXXContango

VXX Puts

New Diagonal Spreads
Bought VXX Oct 21 2022 11.0 Puts at $0.05
Sold VXX Aug 26 2022 20.50 Puts at $0.20 for a $0.15 Credit for the first week
Long DTE = 59
Short DTE = 3
Bought VXX Oct 21 2022 12.0 Put at $0.08 and $0.11
Sold VXX Aug 26 2022 20.50 Put at $0.23 and $0.26 for a $0.15 Credit for the first week
Long DTE = 59
Short DTE = 3
#VXXContango

VXX Puts

Adding on:
Sold VXX Aug 26 2022 20.5 Diagonal Puts at $0.13, $0.15 and $0.19
Sold VXX Aug 26 2022 20.0 Diagonal Puts at $0.07 and $0.09
Replacing similar puts that expired Friday
#VXXContango

VXX Puts

VXX should be going up but it isn’t
Sold VXX Aug 26 2022 20.5 Puts at $0.11 against existing long puts
#VXXContango

VXX Puts

One set of final writes against a large number of VXX Aug 19 2022 long puts left over from dozens of #VXXContango Spreads.
#DoubleDip #TripleDip etc. etc.
Sold VXX Aug 19 2022 20.5 Puts at $0.10
Sold VXX Aug 19 2022 20.0 Puts at $0.07
Sold VXX Aug 19 2022 19.5 Puts at $0.04
Sold VXX Aug 19 2022 19.0 Puts at $0.03

UVXY vs. VXX

Once again:
The idea of the #VXXContango trades was that VXX was a wasting asset that was bound to lose value over time from the contango losses that happened when VIX futures contracts were rolled forward each month.

However, VXX appears to be broken due to Barclay’s having issued many more shares than they were allowed. As such, I’m switching this strategy over to UVXY as it tracks the VIX index more closely and has a more predictable contango loss.
Sold to close VXX Oct 21 2022 12.0 Puts at $0.18. Bought on 07/01 at $0.15 and wrote against it several times including covering the entire cost the first week. #WinWin

Bought to open UVXY Nov 18 2022 4.0 Puts / Sold to Open UVXY Aug 19 2022 8.5 Puts at $0.03 Credit and more at $0.08 Credit for the first week.
Long DTE = 100
Short DTE = 4
Bought to open UVXY Jan 20 2023 3.0 Puts / Sold to Open UVXY Aug 19 2022 8.5 Puts at $0.03 Credit for the first week.
Long DTE = 158
Short DTE = 4
#UVXYContango

UVXY vs. VXX

The idea of the #VXXContango trades was that VXX was a wasting asset that was bound to lose value over time from the contango losses that happened when VIX futures contracts were rolled forward each month.

However, VXX appears to be broken due to Barclay’s having issued many more shares than they were allowed. As such, I’m switching this strategy over to UVXY as it tracks the VIX index more closely and has a more predictible contango loss.

My first trade in this name in a while:
Bought to Open UVXY Dec 16 2022 4.0 Puts at $0.17
Sold to Open UVXY Aug 12 2022 9.5 Puts at $0.20 for a $0.03 Credit for the first week.
Long DTE = 129
Short DTE = 3
#UVXYContango

OptionsExpiration

Rolled out and up(in some cases) all my TNA and TQQQ Covered and Diagonal short calls for small credits. Rolled all my LABU Calls earlier.

What’s left (not much) expired:
SLV 15/18 Bull Put Spreads

TLRY 5.0 Covered Calls

VXX 33/24.5 Bear Call Spreads
VXX 24.0 Diagonal Calls
VXX 23.5 Diagonal Calls
VXX 20.5 Diagonal Puts — #VXXContango

VXX

NAV As of Aug-3-2022 $17.759 but trading at 21.63
Bought to open some throwaway long VXX Sep 16 2022 14.0 Puts at $0.01 to use for future #VXXContango writes.

VXX LABU

Starting off with Calls this morning:
Sold VXX Aug 05 2022 23.5 Calls at $0.11
Sold VXX Aug 05 2022 24.0 Calls at $0.09
Sold VXX Aug 05 2022 24.5 Calls at $0.07

Sold LABU Aug 05 2022 9.5 Covered Calls (partial fill) at $0.15

#vxxcontango

OptionsExpiration

LABU 11/9.5 Bear Call Spreads
LABU 10/9.5 Bear Call Spreads
LABU 9.0 Diagonal Calls
LABU 9.0 Covered Calls
LABU 3/7 Bull Put Spreads

SLV 17.0 Diagonal Calls
SLV 15/16.5 Bull Put Spreads

VXX 35/24.5 Bear Call Spreads
VXX 34/23.5 Bear Call Spreads
VXX 33/23.5 Bear Call Spreads
VXX 23.5 Diagonal Calls
VXX 20.5 Diagonal Puts — #VXXContango
VXX 20.0 Diagonal Puts — #VXXContango

VXX Puts

Back on the Put side
Sold VXX 07/29/2022 20.5 Puts at $0.14, $0.15 and $0.16
#VXXContango

OptionsExpiration

Rolled up any in-the-money Calls in LABU, TNA and TQQQ this morning. Was a bit too hasty.
Rolled down my in-the-money SLV puts and did better.
The rest is a pretty short list this week.

== Expired ==
LABU 11/10 Bear Call Spreads
LABU 10.5/9 Bear Call Spreads
LABU 3/7 Bull Put Spreads

SLV 17.0 Diagonal Puts

TNA 40.5 Diagonal Calls
TNA 40.0 Diagonal Calls
TNA 39.5 Diagonal Calls
TNA 39.0 Diagonal Calls

TQQQ 31.0 Diagonal Calls
TQQQ 30.5 Diagonal Calls

VXX 32/26 Bear Call Spreads
VXX 21.0 Diagonal Puts — #VXXContango
VXX 20.5 Diagonal Puts — #VXXContango

VXX Diagonal Puts

Bought to open VXX Jan 20 2023 8.0 Puts at $0.09
Sold to Open VXX Jul 22 2022 21.0 Puts at $0.11 for a $0.02 Credit for the first week.
Long DTE = 184
Short DTE = 2
#VXXContango

VXX Puts

Right at the close
Sold VXX Jul 22 2022 20.5 Puts at $0.14
Sold VXX Jul 22 2022 21.0 Puts at $0.33 and $0.34
#VXXContango

OptionsExpiration

== Expired ==
KOLD 30.0 Covered Call

LABU 9.5/9 Bear Call Spreads
LABU 3/7.5 Bull Put Spreads
LABU 7.0 Diagonal Puts
LABU 6.5 Diagonal Puts

SLV 7.0 Diagonal Puts

SOXL 11.5 Diagonal Puts
SOXL 11.0 Diagonal Puts

TNA 35.5 Covered Calls
TNA 35.5 Diagonal Calls
TNA 57/38 Bear Call Spread
TNA 45/37 Bear Call Spread
TNA 44/35.5 Bear Call Spread

TQQQ 27/27.5/28 Covered Calls
TQQQ 37/30 Bear Calls Spreads
TQQQ 36/28.5 Bear Calls Spreads
TQQQ 35/28 Bear Calls Spreads

VXX 40/25 Bear Calls Spreads
VXX 32/24.5 Bear Call Spreads
VXX 31/24 Bear Call Spreads
VXX 23.5 Diagonal Calls

VXX 21.0 Diagonal Puts — #VXXContango

== Assignments ==
None

VXX Puts closed

The VIX index is down 8.4% today
Bought to close VXX Jul 15 2022 21.5 Diagonal Puts at $0.01.
Sold last week at $0.34 and $0.37.
#VXXContango

New VXX Diagonal Puts

Bought to open VXX Jan 20 2023 10.0 Puts at $0.21
Sold to Open VXX Jul 22 2022 21.0 Puts at $0.25 for a $0.04 Credit for the first week
Long DTE = 189
Short DTE = 7

Bought to open VXX Mar 17 2023 8.0 Puts at $0.21
Sold to Open VXX Jul 22 2022 21.0 Puts at $0.26 for a $0.05 Credit for the first week
Long DTE = 245
Short DTE = 7

#VXXContango

OptionsExpiration

I also had a pretty good day

Expired:
SLV 17.5 Diagonal Puts

SOXL 11.0 Diagonal Puts

TNA 36.5/38.5 Covered Calls
TNA 36.5 Diagonal Call
TNA 37.0 Diagonal Calls
TNA 37.5 Diagonal Call
TNA 38.0 Diagonal Calls
TNA 38.5 Diagonal Call

TQQQ 45/28 Bear Call Spreads
TQQQ 29.0 Diagonal Calls

VXX 39/25.5 Bear Call Spreads
VXX 38/25 Bear Call Spread
VXX 37/24.5 Bear Call Spreads
VXX 36/24 Bear Call Spreads
VXX 35/23.5 Bear Call Spreads

VXX 21.5 Diagonal Puts — #VXXContango

VXX Puts

Covered some of my overly large VXX Jul 08 2022 Put position at $ 0.07. Sold these at $0.185 average

Rolled some more VXX Jul 08 2022 22.0 Puts down to VXX Jul 15 21.5 Puts at $ 0.20 Credit while lowering the strike price a half point.

The rolled some more VXX Jul 08 2022 22.0 Puts down to VXX Jul 15 21.0 Puts at $ 0.02 Credit while lowering the strike price a full point.
#VXXContango

VXX Diagonal Puts – right at the bell

Bought to open VXX Sep 15 2022 15.0 Puts at $0.19
Sold to Open VXX Jul 08 2022 22.0 Puts at $0.22 for a $0.03 Credit for the first week.
Long DTE = 72
Short DTE = 2

Bought to Open VXX Dec 16 2022 10.0 Puts at $0.20
Sold to Open VXX Jul 08 2022 22.0 Puts at $0.22 for a $0.02 Credit for the first week.
Long DTE = 163
Short DTE = 2
#VXXContango

OptionsExpiration

LABU 8.0 Diagonal Calls
LABU 3/6.5 Bull Put Spread
LABU 3/6 Bull Put Spread

TNA 37/37.5 Covered Calls
TNA 55/37 Bear Call Spread
TNA 55/38.5 Bear Call Spread
TNA 55/39.5 Bear Call Spread
TNA 39.5 Diagonal Calls
TNA 40.0 Diagonal Calls

TQQQ 29.5/30.5/31.5/32 Covered Calls
TQQQ 43/29.5 Bear Call Spreads
TQQQ 29.5 Diagonal Calls
TQQQ 30.5 Diagonal Calls

VXX 37/23.5 Bear Call Spreads
VXX 36/23.5 Bear Call spreads
VXX 35/24 Bear Call Spreads
VXX 34/24 Bear Call Spreads
VXX 24.5 Diagonal Calls
VXX 25.0 Diagonal Calls

VXX 22.0 Diagonal Puts — #VXXContango

VXX Diagonal Puts

Bought to open VXX Aug 19 2022 17.0 Puts at $0.17
Sold to Open VXX Jul 08 2022 22.0 Puts at $0.20 for a $0.03 Credit for the first week.
Long DTE = 49
Short DTE = 7

Bought to Open VXX Oct 21 2022 12.0 Puts at $0.15
Sold to Open VXX Jul 08 2022 22.0 Puts at $0.22 for a $0.07 Credit for the first week.
Long DTE = 112
Short DTE = 7
#VXXContango

VXX Puts

For next week
Sold VXX Jul 08 2022 22.0 Puts at $0.16, $0.17, $0.18 and $0.19.
Sold against long Aug 16.0 Puts leftover from earlier #VXXContango spreads

VXX Puts

Closed a small portion of my VXX Jul 01 2022 Puts at $0.01. Sold these at a average cost of $0.21
Holding the rest for expiration.
#VXXContango

VXX Puts and Calls

Sold VXX Jul 01 2022 22.0 Puts at $0.27, adding to my position

Sold VXX Jul 01 2022 24.5 Calls at $0.16
Sold VXX Jul 01 2022 25 Call at $0.11

Sold a diagonal bear call spread:
Bought to Open VXX Jul 22 2022 32.0 Calls at $0.22
Sold to Open VXX Jul 01 2022 23.5 Calls at $0.28 for a $0.06 Credit for the first week.

Sold a diagonal bull put spread
Bought VXX Sep 16 2022 14.0 Puts at $0.21
Sold to Open VXX Jul 01 2022 22.0 Puts at $0.25 for a $0.04 Credit for the first week.
Long DTE = 80
Short DTE = 3
#VXXContango

OptionsExpiration

Pretty light week after all the rolls I did to next week.

Expired:
LABU 3/5 Bull Put Spreads
TNA 58/36.5 Bear Call Spread
TQQQ 45/28 Bear Call Spread
TQQQ 44/28 Bear Call Spread
TQQQ 41.5/28 Bear Call Spread
VXX 23.0 Diagonal Puts — #VXXContango
VXX 22.5 Diagonal Puts — #VXXContango

VXX Puts Rolled down

Bought to close VXX Jun 24 2022 23.0 Puts at $0.11, $0.10 $0.07 and $0.05.
Sold on Wednesday at $0.13, $0.17, $0.18 and $0.19 respectively.
Partial position. Letting the rest ride until the close.

Sold VXX Jul 01 2022 22.0 Puts at $0.18, $0.20 and $0.23 to replace them.
#VXXContango

VXX Diagonal Puts

Bought to open VXX Dec 16 2022 8.0 Puts at $0.10.
Sold to Open VXX Jun 24 2022 23.0 Puts at $0.21 for a $0.11 Credit for the first week.
Long DTE = 176
Short DTE = 1

Bought to open VXX Oct 21 2022 10.0 Puts at $0.05 and at $0.04
Sold to Open VXX Jun 24 2022 22.5 Puts at $0.11 for a $0.06-$0.07 Credit for the first week.
Long DTE = 120
Short DTE = 1

#VXXContango

If the short puts go in the money on Friday, at least the market is still in rally mode. 🙂

VXX Puts

Bought to open VXX Aug 19 2022 15.0 Puts at $0.10.
Sold to Open VXX Jun 24 2022 23.0 Puts at $0.19 for a $0.09 Credit for the first week.
Long DTE = 58
Short DTE = 2
#VXXContango

If these go in the money by Friday, the market should be in rally mode. 🙂

OptionsExpiration

Lots of old long calls(TNA, TQQQ, and VXX) and long puts (VXX) rolling off this month. At least I got one more write against them. Hardly had to roll anything this week.

My next set of long puts in VXX expire in August and ALL my short puts are expiring today, so plenty of time for re-writes against those longs.

Short trading week next week.

==EXPIRED==
KOLD 32.0 Covered Call

LABU 3/5 Bull Put Spreads

TNA 42.0 Covered Calls
TNA 42.0 Diagonal Calls
TNA 44.0 Diagonal Calls
TNA 52/44 Bear Call Spreads
TNA 51/44 Bear Call Spreads

TQQQ 30.0 Covered Calls
TQQQ 47.5/30 Bear Call Spreads
TQQQ 40/30 Bear Call Spread
TQQQ 38.75/30 Bear Call Spreads

VXX 35/29.5 Bear Call Spreads
VXX 35/29 Bear Call Spreads
VXX 35/28.5 Bear Call Spread
VXX 28.5 Diagonal Calls
VXX 28 Diagonal Calls
VXX 27.5 Diagonal Calls
VXX 27 Diagonal Calls
VXX 26.5 Diagonal Calls

VXX 10/21 Bull Put Spreads
VXX 12/21.5 Bull Put Spreads
VXX 13/21.5 Bull Put Spreads
VXX 14/22.5 Bull Put Spreads
VXX 20/22.5 Bull Put Spreads
VXX 23.0 Diagonal Puts — #VXXContango
VXX 23.5 Diagonal Puts — #VXXContango

VXX Puts

New #VXXContango Spread
Bought to Open VXX Jan 20 2023 8.0 Puts at $0.20
Sold to Open VXX Jun 17 2022 23.5 Puts at $0.24 for a $0.04 Credit
Long DTE = 220
Short DTE = 3
Many possible re-writes in the future

OptionsExpiration

Another light week. Didn’t have to roll much, and the Calls I rolled up yesterday and most of the VXX puts I rolled down would have expired today. Sigh 😦

Expired:
LABU 8.0 Covered Calls
TNA 44.0 Call
TNA 44.5 Covered Call
TNA 46.5 Covered Call
TNA 47.5 Covered Call
TNA 56/45 Bear Call Spread
TNA 56/47 Bear Call Spread
TQQQ 31.0 Covered Calls
TQQQ 33.0 Covered Calls
TQQQ 35.5 Covered Calls
VXX 37/26.5 Bear Call Spreads
VXX 36/25.5 Bear Call Spreads
VXX 35/26.5 Bear Call Spreads
VXX 35/26 Bear Call Spreads
VXX 34/25 Bear Call Spreads
VXX 21.0 Put — #VXXContango
VXX 20.5 Puts — #VXXContango

VXX Puts rolled down

Bought to close VXX Jun 10 2022 22.0 Puts at $0.23. Sold on a roll last week at $0.88
Sold to Open VXX Jun 17 2022 21.0 Puts at $0.31 for a credit of $0.08 and a strike price a point lower.

Bought to close VXX Jun 10 2022 22.5 Puts at $0.45. Sold on a roll last week at $1.18
Sold to Open VXX Jun 17 2022 21.5 Puts at $0.49 for a credit of $0.04 and a strike price a point lower.

Bought to close VXX Jun 10 2022 23.5 Puts at $0.70. Sold on a roll last week at $1.87
Sold to Open VXX Jun 17 2022 22.5 Puts at $0.72 for a credit of $0.02 and a strike price a point lower

Bought to close 1 VXX Jun 10 21.0 Put at $0.01. Sold last week at $0.51
#VXXContango

VXX Puts

A new #VXXContango spread
Bought to Open VXX Jan 20 2023 6.0 Puts at $0.07
Sold to open VXX Jun 10 2022 20.5 Puts at $0.15 for a $0.08 Credit.
Short DTE = 4
Long DTE = 228

OptionsExpiration

Another small list this week. Lots of rolls to next week for more cash in the account.

Expired:
LABU 4.5 Puts

TNA 58/45.5 Bear Call Spread

TQQQ 52/35.5 Bear Call Spreads
TQQQ 50/35 Bear Call Spread
TQQQ 45/34.5 Bear Call Spreads

VXX 46/25.5 Bear Call Spread
VXX 40/25.5 Bear Call Spreads
VXX 35/25 Bear Call Spread
VXX 25.0 Calls
VXX 20/21 Bull put Spreads
VXX 21.0 Puts — #VXXContango

VXX Puts

Starting on sales for next week a bit early.
Sold 1 VXX Jun 10 2022 21.0 Put at $0.51
Sold 1 VXX Jun 10 2022 20.5 Put at $0.31
#VXXContango

VXX Puts

More rolldowns
Bought to close VXX Jun 03 2022 22.5 Puts at $0.64. Sold last week on a rolldown at $0.72.
Sold to Open VXX Jun 10 2022 22.0 Puts at $0.88 for a $0.24 Credit and a $0.50 lower strike.

Bought to close VXX Jun 03 2022 23.0 Puts at $1.02. Sold last week on a rolldown at $1.06.
Sold to Open VXX Jun 10 2022 22.5 Puts at $1.18 for a $0.12 Credit and a $0.50 lower strike.

I only have short VXX Jun 03 2022 21.0 Puts left and I believe they will expire tomorrow
#VXXContango

VXX Put Rolldown

Bought to close VXX Jun 03 2022 24.0 Puts / Sold to Open VXX Jun 10 2022 23.5 Puts $0.02 Credit while lowering the strike price $0.50
#VXXContango

VXX Puts

Added on to my Short VXX 06/03/2022 21.0 Puts at @0.18
#VXXContango

OptionsExpiration.

Small list today. Everyone enjoy the long weekend and shortened trading week next week.
Expired:
LABU 5.0 Puts
TQQQ 34.0 Covered Call
VXX 42/28 Bear Call Spread
VXX 27.5 Calls
VXX 27.0 Calls
VXX 26.5 Calls
VXX 22.0 Puts — #VXXContango

VXX Puts

Covered outright about half my VXX 05/27/2022 22.5 Puts at $0.06 for a decent gain.
Rolled the other half down to next week’s VXX 21.0 Puts at $0.05 Credit.
Done trading for today
#VXXContango

VXX Put Rolldowns and a rollout

Couldn’t roll down my VXX 24.0 Puts so rolled them to next week’s 24.0 Puts at $0.24 Credit

Rolled this week’s VXX 23.5 Puts to next week’s VXX 23.0 Puts at $0.02 Credit
Rolled this week’s VXX 23.0 Puts to next week’s VXX 22.5 Puts at $0.20 Credit

My short VXX 22.0 Puts should expire, but I’m still waiting out my 22.5 Puts for the next hour.
#VXXContango

VXX Puts

A bit of a scalp on the short put. If I have to roll the short put, the market is still rising, helping a lot of my other stocks.
Bought VXX Jan 20 2023 7.0 Puts at $0.12
Sold to Open VXX May 27 2022 22.5 Puts at $0.15 for a $0.03 Credit
Long DTE = 239
Short DTE = 1
#VXXContango

VXX Puts

Selling more puts against long puts already in the account from previous spreads.
Sold VXX May 27 2022 22.0 Puts at $0.27
Sold 1 VXX May 27 2022 22.5 Put at $0.41
Sold VXX May 27 2022 23.0 Puts at $0.58, $0.62 and $0.67
Sold 1 VXX May 27 2022 23.5 Put at $0.95
#VXXContango

VXX Puts

A sharp move down in VXX allowed me to start replacing all the puts that expired Friday.
Sold VXX May 27 2022 23.0 Puts at $0.45
Sold VXX May 27 2022 23.5 Puts at $0.64 and $0.68
Sold VXX May 27 2022 24.0 Puts at $0.90 and $0.95

At the same time I was buying the following, creating diagonal bull put spreads
VXX Aug 19 2022 15.0 Puts at $0.36 – 88 DTE
VXX Sep 16 2022 13.0 Puts at $0.33 – 116 DTE
VXX Dec 16 2022 10.0 Puts at $0.45 – 207 DTE
VXX Jan 20 2023 10.0 Puts at $0.57 and $0.62 – 242 DTE
#VXXContango

OptionsExpiration

A good week to be selling Calls on TNA and TQQQ. VXX worked pretty well too.
I’m ready for another dead cat bounce next week.

Expired:
KOLD 6.0 Put

LABU 9.0 Covered Calls
LABU 6.0 Put
LABU 5.5 Put
LABU 5.0 Put
LABU 4.5 Puts

TNA 44/45/46 Covered Calls
TNA 70/46 Bear Call Spread
TNA 68/46 Bear Call Spread
TNA 63.5/46 Bear Call Spread
TNA 59/45 Bear Call Spread
TNA 58.5/45 Bear Call Spread
TNA 44.0 Calls

TQQQ 32/33/34/35 Covered Calls
TQQQ 60/38 Bear Call Spread
TQQQ 37.0 Call
TQQQ 36.0 Calls

VXX 49/28.5 Bear Call Spread
VXX 48/28.5 Bear Call Spread
VXX 47/28 Bear Call Spread
VXX 45/28 Bear Call Spreads
VXX 44/28 Bear Call Spread
VXX 43/28 Bear Call Spread
VXX 41/28 Bear Call Spread
VXX 40/28 Bear Call Spread
VXX 39/28 Bear Call Spreads
VXX 38/28 Bear Call Spreads
VXX 37/27.5 Bear Call Spreads
VXX 36/27.5 Bear Call Spreads

VXX 10/23.5 Bull Put Spreads
VXX 11/24 Bull Put Spreads
VXX 15/24 Bull Put Spreads
VXX 16/24 Bull Put Spreads
VXX 24.0 Puts — #VXXContango
VXX 24.5 Puts — #VXXContango

VXX Puts

Lightening up just a bit on the lowest premium sells from Monday’s put sales with the VIX and VXX falling again
Bought to close VXX May 20 2022 25.0 Puts at $0.09 and $0.07. Sold at $0.23.

I also have short puts at 23.5, 24.0 and 24.5 which I’m guessing will expire tomorrow.
#VXXContango

VXX Put Spreads

Bought to Open VXX Jan 20 2023 8.0 Puts / Sold to Open VXX May 20 2022 24.5 Puts at $0.06 Net Credit
Bought to Open VXX Jan 20 2023 7.0 Puts / Sold to Open VXX May 20 2022 24.0 Puts at $0.03 Net Credit
Long DTE = 249
Short DTE = 4
#VXXContango

VXX Puts

Sold a few of these against June 03 and June 17 long puts at 20.
Sold VXX May 20 2022 25 Puts at $0.31, $0.32, $0.35 and $0.39
Sold VXX May 20 2022 24.5 Puts at $0.14, $0.16 and $0.22
Replacing VXX Puts the expired Friday
#VXXContango

OptionsExpiration

Nice end to the week 🙂

EXPIRED:
LABU 5.0 Puts

TNA 40.0 Calls
TNA 41.0 Calls
TNA 43/44/45 Covered Calls
TNA 50.0 Calls
TNA 70/50.5 Bear Call Spreads

TQQQ 34/35/36 Covered Calls
TQQQ 60.5/38 Bear Call Spreads
TQQQ 56.5/38 Bear Call Spreads
TQQQ 56/37 Bear Call Spreads
TQQQ 55.5/37 Bear Call Spreads

VXX 29.0 Calls
VXX 29.5 Calls
VXX 30.0 Calls
VXX 30.5 Calls
VXX 38/31 Bear Call Spreads
VXX 37/32 Bear Call Spreads
VXX 36/33 Bear Call Spreads
VXX 24.5 Puts — #VXXContango

ASSIGNMENTS:
None

VXX Puts

Sold a lot of calls yesterday. Pairing off a few of those with puts today
Bought VXX Jun 03 2022 20.0 Puts at $0.11.
Sold VXX May 13 2022 24.5 Puts at $0.14 for a $0.03 Credit
Long DTE = 24
Short DTE = 3
#VXXContango

OptionsExpiration

I’m ready for a good bear market rally. At least all the VXX Calls I rolled up last week expired.
Going into next week’s expiration I only have short LABU puts and TNA Calls I sold today. Nothing else.

Expired:
LABU 11.0 Covered Calls
LABU 25/11 Bear Call Spreads

TNA 69/55 Bear Call Spread
TNA 68/54 Bear Call Spread
TNA 67.5/53 Bear Call Spread
TNA 67/53 Bear Call Spread
TNA 53, 54 and 55 Covered Calls
TNA 52.0 Diagonal Calls
TNA 51.0 Diagonal Call
TNA 50.5 Diagonal Calls
TNA 50.0 Diagonal Calls
TNA 49.0 Diagonal Calls
TNA 48.0 Diagonal Call

TQQQ 69/46 Bear Call Spreads
TQQQ 68/45.5 Bear Call Spread
TQQQ 67/45 Bear Call Spread
TQQQ 61/44.5 Bear Call Spreads
TQQQ 60.5/44 Bear Call Spread
TQQQ 45, 45.5 and 46 Covered Calls
TQQQ 43.0 Diagonal Calls
TQQQ 42.0 Diagonal Calls
TQQQ 41.0 Diagonal Calls

VXX 52/36 Bear Call Spread
VXX 52/35 Bear Call Spread
VXX 50/34 Bear Call Spread
VXX 50/33 Bear Call Spread
VXX 48/33 Bear Call Spreads
VXX 46/33 Bear Call Spreads
VXX 44/33 Bear Call Spread
VXX 33.0 Diagonal Calls
VXX 32.0 Diagonal Calls
VXX 31.0 Diagonal Calls
VXX 30.5 Diagonal Calls
VXX 30.0 Diagonal Calls
VXX 28.5 Diagonal Calls

VXX 25.0 Diagonal Puts — #VXXContango
VXX 24.5 Diagonal Puts — #VXXContango
VXX 24.0 Diagonal Put — #VXXContango