Trade Alert 3/13/2024

We had sold a “weekly” covered call against some of our SNOW shares that expired last weekend. We have replaced it with a new covered call today. Sold to open: SNOW April 19th (monthly) 190.00 strike call Credit: 2.35 – this order has filled We have taken profits on the put butterfly spread in WBA today. Sell to close:  WBA March 15th (monthly) 22.50 strike put (ratio of 1) Buy to close: WBA March 15th (monthly) 20.00 strike put (ratio of 2) Sell to close:  WBA March 15th (monthly) 17.50 strike put (ratio of 1) Credit:  1.28 – this order has filled Profit of $0.68 per spread, a +113.3% return. We own two spreads that will expire OTM for a full loss. SNOW March 250-270-290 call butterfly CVS March 82.500-90.00 bull call spread We have an 80 strike ITM covered call in DELL and we will let 100 shares be “called away”. We also have a short put in DELL that should expire OTM for a full profit. DELL March 105.00 strike put We have the following covered calls that should expire OTM for a full profit. TMUS March 180.00 strike call BRKB March 420.00 strike call MTCH March 42.50 strike call We are monitoring the following covered calls more closely and will update tomorrow. CVS March 76.00 strike call DKNG March 43.00 strike call Z March 57.50 strike call