re: Options Trading Thread

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Thanks BCreed1. Although last week was excellent, I’ve been a little lazy in coming back to this thread. I just did my “normal” large lots of SPX synthetic strangles and spreads. Went great, but I didn’t feel like I had anything special to mention. I haven’t done much this week because the VIX is back at a 12 handle and premiums sucketh mightily.

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I really need to expand my knowledge in SPX and VIX.

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What have you been doing?

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I have been Playing the swings of AMZN, TSM, DG. I own AMZN and sell calls on it, but this past 2 weeks, I added to that. It has been moving between 175 and 181. When it hit the high, I purchased put spreads, sold them off on the decline and then purchase call spreads.

Selling TSM calls. The premiums are picking up due to reporting soon. So Next week I will pull in 300-500 in sold calls and will play it aggressively. Maybe a .30 delta. My long is way up... so I'm good with taking profit.


Over all still growing and going!