Exiting a TLRY Spread

Bought to close TLRY 04/01/2022 8.5 Calls at $0.01. Sold last Friday at $0.84 and $0.91.
Sold to close TLRY 04/08/2022 10.0 Calls at $0.23. Bought these on 03/23 at $0.05.
#WinWin on both sides of the spread

VXX Puts

Sold more long Puts
Sold to close VXX May 20 2022 15.0 Puts at $0.24. Bought on 03/17/2022 at $0.05.
Fully paid for with a #VXXContango spread for that week.
#WinWin

VXX Crazy

Sold these with the stock around 28.50
1 VXX Apr 01 2022 50.0 Call at $0.55
1 VXX Apr 01 2022 49.0 Call at $0.57
1 VXX Apr 01 2022 48.0 Call at $0.61
1 VXX Apr 01 2022 47.0 Call at $0.63
1 VXX Apr 01 2022 46.0 Call at $0.79
The VIX is up only 4%. VXX is up 13% so the short squeeze is still in effect on VXX because they are not creating new shares
#OnlySpreads

#vxxcontango, #winwin

A whole lota TSLA goin’ on

Bought to close TSLA 01/07/2022 885.0 Puts at $0.02

Closed both sides of my TSLA 880/1015 Diagonal Calendar Bull Put spread at a Credit of $1.75.
Sold this spread on Wednesday for a small Credit so a #WinWin as I had a gain on both sides of the spread.

Then I sold 1 TSLA Jan 14 2022 840.0 Diagonal Put at $1.60 against long Jan monthly Puts.
#OnlySpreads

LABU Put

Closed a long Put for a slight gain after writing against it many, many times since I bought it.
Sold to close 1 LABU Dec 17 2021 35.0 Put at $3.23.

Bought this way back on 07/14/21 at $3.18.
(Sold 1 LABU Jul 23 2021 60.0 Put against it at $3.23 and bought it back at $0.54.
Replaced it with 1 LABU Jul 30 2021 55.0 Put at $1.22 and bought that back at $0.68.
Replaced it with 1 LABU Aug 06 2021 50.0 Put at 1.23 and that expired.
….. And so on and so on until today)
#WinWin

TSLA – unwinding a spread

Bought to close 1 TSLA Dec 10 2021 960.0 Call at $43.95. Sold on a rollup on Friday at $70.88
Sold to close 1 TSLA Dec 17 2021 1,000.0 Call at $44.00. Bought to open this on 09/27 at $9.79.

I haven’t tracked how many times I’ve rolled the short side up since September but each roll has been for a credit so this has to be a #WinWin Trade.

I also dumped all my long puts for the coming week at gains.
Sold to close 1 TSLA Dec 10 2021 700.0 Put at $1.20. Bought as the long side of last week’s BCS
Sold to close 1 TSLA Dec 10 2021 750.0 Put at $1.98. Bought as the long side of last week’s BCS

RIVN long Put closed

Sold to close 1 RIVN Jan 21 2022 70.0 Put at $3.20.
Bought as part of a Diagonal Bull Put spread on 11/17 at $2.17.
Wrote against it several times and recovered the cost at least twice, and now out of this long with a point profit.
#WinWin

TSLA – closing long call

Finally dumped the extra long TSLA December call left over from a successful diagonal trade from late October.
Here’s how it went down:
10/27 Bought TSLA Dec 1250 Call @ 29.20
10/27 Sold TSLA 10/29 1050 Call @ 31.80

10/29 Bought TSLA 10/29 1050 Call @ 53.21
10/29 Sold TSLA 11/05 1080 Call @ 53.80

11/04 Bought TSLA 11/05 1080 Call @ 153.43
11/04 Sold TSLA 11/12 1100 Call @ 155.93

11/12 Bought TSLA 11/12 1100 Call @ 0.02

11/17 Sold TSLA Dec 1250 Call @ 30.00
#WinWin

BITO Put

Sold to close 1 BITO Dec 17 2021 27.0 Put at $0.55. Bought at $0.52
The short 37 Put I had written against it expired Friday so a #WinWin spread trade.
This is not as volatile as I had hoped so exiting with gains rather than continue playing with it.

COIN Put

Sold the last of my long Puts in COIN
Sold 1 COIN Oct 22 2021 175.0 Put at $1.65. Bought at $1.42 as a long hedge on a past diagonal spread.
No more risk positions in this name to deal with.
#WinWin

TNA Put

Liquidated one of the long Puts held as a hedge against an old short put position that expired on 09/03.
Sold to close 1 TNA Oct 01 2021 70.0 Put at $1.85. Bought at $1.52.
#WinWin

TQQQ Put

Liquidated one of the long Puts held as a hedge against an old short put position that expired on 09/03.
Sold to close 1 TQQQ Oct 01 2021 100.0 Put at $0.86. Bought at $0.42.
#WinWin

COIN Put

Liquidated one of the long Puts held as a hedge against an old short put position that expired on 09/10
Sold to close 1 COIN Oct 15 2021 170.0 Put at $0.80. Bought at $0.75.
#WinWin

VXX long calls

Exiting long Calls the were hedges for last week’s short calls that expired worthless

Sold to Close for gains:
VXX Oct 08 2021 54.0 Calls at $0.40 (bought at $0.34)
VXX Oct 08 2021 49.0 Call at $0.54 (bought at $0.48)
VXX Oct 08 2021 48.0 Calls at $0.70 (bought at $0.47)
#WinWin

SLV long puts closed

Sold to close SLV Aug 20 2021 21 Puts at $0.20.
Bought these back on 5/23 at $0.17.
I’ve written against it at least 6 times, collecting at least twice the original cost.
#WinWin

LABU Put

Sold to close 1 LABU Aug 20 2021 40.0 Put at $0.65. Bought at $0.61.
This was one of the long hedges against the short LABU 07/23/2021 58.0 Diagonal Put that expired Friday.
#WinWin

TQQQ call

Sold to close 1 TQQQ 07/30/2021 135.0 Call @ 1.01. Dumping it as I think it is destined to expire with the strike price above the all-time high of 134.08.
Bought it on 06/21 at $0.81 as the long side of a diagonal spread.
The short has already expired so a #WinWin trade
I think this might be a good one to short for next week as well.

LABU Put

Sold to close one of my extra long LABU Aug 20 2021 40.0 Puts at $1.05.
Bought it on 06/22 at $0.77 as part of a diagonal spread where the short is already gone.
#WinWin

TQQQ Put

Sold 1 close 1 TQQQ Jul 23 2021 110.0 Put at $0.90.
Bought it on Thursday at $0.54 as the long side of a quick hit diagonal put spread where the short expired Friday
#WinWin

GME

Closing down one of my two Bear Call spreads 2 days early.
My guess is that the long call will drop away faster than the short in the next two days.
Bought to close GME 06/18/2021 260.0 Call / Sold 1 GME 06/25/2021 310.0 Call @ $4.10 Credit

I got a credit on the original spread and ADDED to the credit as I rolled the short up and out for a few weeks.
A #WinWin trade and I remove a $5k spread requirement several days early

GME – closing a diagonal

Bought to close 1 GME 06/11/2021 260.0 Call / Sold to close 1 GME 06/18/2021 310.0 Call @ 0.05 Credit
I’ll have to do some research to calculate the final gain because I rolled the short twice for a credit, and got a credit on the original spread.
So a #WinWin trade with a credit in and a credit on the way out.

TSLA Diagonal Closed

On Tuesday afternoon I Bought to Open 1 TSLA May 21 2021 975 Call / Sold to Open 1 TSLA Apr 16 2021 775 Call at $1.20 Net Credit.
Today I closed both sides @ $5.80 Credit.
Total gain in 2 days was $7.00 and it frees up significant buying power.
#WinWin with a credit in and another credit out

WFC Calls – closing the long

Sold to close WFC 04/16/2021 42.50 Calls at $0.33
Bought these on 01/22 at $0.21 and again on 02/08 @ $0.23.
They have been acting as long hedges against short diagonal calls since then.
The last of the writes against these were the 40.50 and 41.00 short diagonal calls that expired Friday.
#WinWin

TSLA Diagonal Closed

On Monday I bought to Open 1 TSLA May 21 2021 900.0 Call / Sold to Open 1 TSLA Apr 09 2021 725.0 Call @ 0.60 Credit.
Today I closed both sides @ $5.60 Credit.
Total gain in 3 days was $6.20 and it frees up significant buying power.
#WinWin with a credit in and another credit out

UVXY – Closing a long Put position

Sold to close UVXY Apr 16 2021 5.0 Puts @ 0.23.
Purchased these on March 1st @ 0.04 while writing March 5th 8.0 Puts against them that ultimately expired.
A #WinWin on a #UVXYContango trade.

I’m still long June 4.0 and 5.0 Puts that I continue to write against.

The next reverse split can’t be too far off with the stock at 5.40

VXX Puts Closed

Bought to close VXX 03/19/2021 12.50 Puts @ 0.01. They won’t trade any lower.
Sold at an average of 0.15 over the last week.

Also liquidated my long VXX 03/19/2021 14.0 Puts @ 0.73.
Bought these 09/09/2020 @ 0.64 & 0.71 and 10/08/2020 @ 0.56 and have been writing WEEKLY against them ever since.

#WinWin

GME Puts

Sold to close 1 GME Mar 19 2021 90.0 Put @ 2.87. Bought it Thursday @ 2.85. So just a breakeven.
It was a hedge against a GME 03/12/2022 195.0 Put was sold Thursday @ 2.65 and that expired Friday.
Another #WinWin Spread

TLRY

Friday I closed out some TLRY MAR 12 2021 $28.0 short calls @ 0.01 right at the market close.
Today I dumped part of the long position that was hedging the short.
Sold to close TLRY Apr 01 2021 60 Call at $1.37 for a nice gain.
Another #WinWin spread

AMC

Closed out the long hedge I had against last Friday’s AMC strike 12 Calls that expired worthless.
Sold to close AMC Apr 01 2021 22.0 Calls at $1.03. Bought them at 0.90 and 1.01 on 03/10
#WinWin on both sides of the spread.

GME Round Trip

At 11:40 this morning I put on the following GME Bear Call Diagonal
Bought Mar 19 2021 380.0 Call / Sold GME 03/12/2021 280.0 @ 2.60 Credit

Just now (1:42) I closed it out at 13.00 Credit – eliminating a big spread risk in the process

Big #WinWin with a credit in and a credit out

If GME gets back above 330 I’ll look to put something similar on at higher strikes this time.

Closing GME Puts

Dumped a couple more extra long Puts at a gain after the short puts sold against them expired last Friday.
Sold to close GME FEB 12 2021 $17 PUTS @ 0.80. Originally bought them @ 0.75.
#WinWin on the original spread.
GME at 56.50

Done with GME trades for today

GME Diagonal Puts

Bought to open GME Mar 19 2021 6.0 Puts / Sold to Open GME Feb 12 2021 18.0 Puts at $0.22 Credit

I’ve got a whole bunch of naked and hedged short puts expiring tomorrow plus I’m already long more puts than I am short.

#winwin