Happy Nvidia post-earnings day!
Sold 2 SPX and 1 XSP for 195 points below futures price and 2 SPX for 195 points above futures price.
Wow, what a crazy session. Theta of over $3,000. Let’s see if the barrier holds.
That was a VERY close call at the end. Thank Nvidia for the volatility and just the right amount of buffer.
Premiums for tomorrow are insane. Let’s see how much of it is left until pre-market.
Sold 2 SPX and 1 XSP for 135 points below futures price and 2 SPX for 195 points above futures price.
Premiums for tomorrow are sky high due to Nvidia’s earnings later today. Fortunately, they report after the closing bell, so I’ll try to collect leftover premiums. Or, possibly, higher premiums if earnings are not good enough.
Sold 2 SPX and 1 XSP for 185 points below futures price and 2 SPX for 175 points above futures price.
I guess it’s going to be rough at least until Nvidia’s earnings.
Sold 2 SPX and 1 XSP for 130 points below futures price and 2 SPX for 125 points above futures price.
Futures point to a tough day, hopefully not a replay of Thursday.
This market really doesn’t like me. At least we’re close to the end of the day, so losses will be close to assignment prices.
Expired worthless, but definitely gave a good scare today. At least tomorrow’s premiums look good.
Sold 2 SPX and 1 XSP for 150 points below futures price and 2 SPX for 140 points above futures price. Maybe now the premiums match the risk.
Looks like another high-theta day. Let’s see where it’s headed.
Sold 2 SPX and 1 XSP for 90 points below futures price and 2 SPX for 120 points above futures price.
Put strike was breached, now to see how to minimize the loss.
Aftermath: made a good call on exiting, would have been worse in assignment. Sold another put to take advantage of elevated premiums and recovered some of the damage. Tomorrow’s premiums look juicy after today’s 1.65% drop.
Rolling would’ve been a bad idea, even besides IBKR’s overnight exposure fee. Rolling into tomorrow would’ve still been ITM, and rolling to Monday is not enough OTM (and result in 4 nights of exposure).
Overall, I lost all gains since the previous loss, but nothing further. Looks like a choppy road ahead, which is time to collect good premiums. Looks like fear will rule the market for a while.
Sold 2 SPX and 1 XSP for 75 points below futures price and 2 SPX for 105 points above futures price. Now that’s a scary day to write options.
Sold 2 SPX and 1 XSP for 95 points below futures price and 2 SPX for 115 points above futures price.
Sold 2 SPX and 1 XSP for 100 points below futures price and 2 SPX for 100 points above futures price.
Sold 2 SPX for 125 points below futures price and 2 SPX for 195 points above futures price.
