Saturday Trades Tuesday Update 11/28/2023

Slow dull conditions continue

Nothing has changed, markets slow, dull and quiet. They will eventually breakout of this range. However, no one knows when or why.

The biggest challenge in these conditions is staying away or forcing a trade. Relax, observe and pick your spots.

NVDA, and AAPL filled on Monday. For now, we will hold back on the AAPL roll, there are no mid strikes. You can work AMZN today, TSLA close also filled on Monday

Roll SPY and QQQ, to Wednesday

Remember to work orders to sell extra options to lock in profits, we gave the numbers on Saturday.

New Trades good as written

Rolls

  • TSLA – Buy to close 1 December 1st 230/200 Strangle/ Sell to open 1 December 15th 230/200 Strangle Credit 5.00 to close

  • HD – Buy to close 1 December 1st 300/280 Strangle/ Sell to open 1 December 8th 300/280 Strangle Credit 1.00

  • MRNA – Buy to close 1 December 1st 74/71 Strangle/ Sell to open 1 December 8th 74/71 Strangle Credit 1.50

  • MRVL – Buy to close 1 December 1st 52/51 Strangle/ Sell to open 1 December 8th 52/51 Strangle Credit 1.00

  • MARA – Buy to Close 1 December 1st 9.5 Straddle/Sell 1 December 8th 9.5 Straddle Credit .50

  • TWLO – Buy to close 1 November 24th 57/51 Strangle/ Sell to open 1 December 1st 57/51 Strangle Credit NO ROLL YET

 

Exercise and Assignment

Chat Room Link 

New Trades

NVDA

AAPL

AMZN

OPEN TRADES

(Some of the call strikes could be different from what you are holding. I’m reflecting the rolls made on the open, some of you rolled again. This is a guide)

IWM – (7.26) (160.00 Credit Collected)
Short 1 November 27th 180 Call
Short 1 November 27th 176 Put
Long 2 December 15th 182 Call
Long 2 December 15th 174 Call

SPY – (14.51) (210.00 Credit Collected)
Short 1 November 27th 453 Call
Short 1 November 27th 448 Put
Long 1 December 15th 455 Call
Long 1 December 15th 457 Call
Long 2 December 15th 446 Call

QQQ – (16.50) (510.00 Credit Collected)
Short 1 November 27th 389 Call
Short 1 November 27th 383 Put
Long 1 December 15th 391 Call
Long 1 December 15th 393 Call
Long 2 December 15th 381 Call

TSLA – (10.17) (660.00 Credit Collected)
Short 1 December 1st 230 Call
Short 1 December 1st 200 Put
Long 1 December 15th 230 Call
Long 1 December 15th 200 call

HD – (13.21) (800.00 Credit Collected)
Short 1 December 1st 300 Call
Short 1 December 1st 280 Put
Long 1 December 15th 300 Call
Long 1 December 15th 310 Call
Long 2 December 15th 280 call

MARA – (3.44) (300.00 Credit Collected)
Short 1 December 1st 9.5 Call
Short 1 December 1st 9.5 Put
Long 1 December 15th 10 Call
Long 1 December 15th 11 Call
Long 1 December 15th 9 Put
Long 1 December 185t 8 Put

TWLO – (6.96) (700.00 Credit Collected)
Short 1 December 1st 57 Call
Short 1 December 1st 51 Put
Long 1 December 15th 57.5 Call
Long 1 December 15th 65 Call
Long 2 December 15th 50 Put

MRVL – (9.49) (550.00 Credit Collected)
Short 1 December 1st 52 Call
Short 1 December 1st 51 Put
Long 1 December 15th 52 Call
Long 1 December 15th 57.5 call
Long 2 December 15th 50 Put

MRNA – (14.80) (1250.00 Credit Collected)
Short 1 December 1st 74 Call
Short 1 December 1st 71 Put
Long 1 December 15th 75 Call
Long 1 December 15th 82 Call
Long 1 December 15th 70 Put
Long 1 December 15th 65 Put