DG TNA TQQQ XBI

#LongCalls #LEAPS – I thought I was done but I can’t resist selling a little more into this volatility. Gives me a little extra hedge if we open down next week also.

DG: Stop set on next week so going out with an overlapping sale. Selling against 110/90 put spreads so any sale above 110 is a nice one.

Sold DG JAN 4 2019 110.0 Calls @ .70

TNA: Booking and selling. Fairly aggressive double dip next week.

Bought to Close TNA DEC 21 2018 66.5 Calls @ .05 (sold for .81)
Sold TNA DEC 21 2018 54.0 Calls @ .62

TQQQ: Same as TNA double dipping next week…(hopefully)

Bought to Close TQQQ DEC 21 2018 54.0 Calls @ .05 (sold for .85)
Sold TQQQ DEC 21 2018 46.0 Calls @ .82

XBI: Booking and selling.

Bought to Close XBI DEC 21 2018 85.0/95.0 Bear Calls Spreads @ .01 (sold for .63….legged out to get the net penny 🙂 )
Sold XBI DEC 28 2018 81.5 Calls @ .40

Just for margin purposes in the IRA: Bought XBI DEC 28 2018 88.5 Calls @ .01 paired with 81.5 and 82.5 short calls.

Whew! Happy weekend everyone!

TSLA

Early in the day I rolled this week’s TSLA 357.50 Calls to next week’s 365.00 Calls for 0.10 Credit. Added another 7.50 to the short strike price.

I’m letting my TSLA 12/14/2018 387.50 and 392.50 Calls expire.

UVXY

Rolled this week’s UVXY 12/14/2018 60.00 Calls to next week’s 61.00 Calls @ 0.51 Credit

Letting my UVXY 12/14/2018 68.00 Calls expire.
Covered 73.00 and 75.00 Calls at 0.01 earlier today

TSLA

Bought to close 1 TSLA 12/14/2018 380.00 Call @ 0.01.
Sold 1 TSLA 12/21/2018 385.00 Call to replace it @ 3.11

SPX 1-dte

#SPX1dte BTC $SPX Dec 14th 2580 puts for .20.

Sold $SPX Dec 17th 2500/2520-2665/2685 condors for 1.05.

AMZN put spread

Sold $AMZN Jan 18 1400/1390 BuPS @ 1.50

WTW

#LongCalls #LEAPS – This is turning into one of my more interesting positions. Started out as a blown out earnings strangle and then became a covered call position. To free up cash the stock was rolled into 2021 LEAP calls at the 50 strike. Throughout the entire ordeal I’ve managed to stay pretty close to even but unable to get all the way there. Still not bad when considering it all started up around 80 and the stock is below 48 now.

It’s trying to find a bottom or could be setting up for another leg down. As long as it’s grinding sideways, I’ll keep hammering the weekly sales right at the money with great premium. This could end up being a longer term hold. Starting to see a lot of potential considering all the premium brought in so early in a 2021 position…

These are non ratio’d full sales that I will roll at the first sign of negative deltas. Otherwise keep selling.

Bought to Close WTW DEC 14 2018 49.5 Calls @ .05 (sold for 1.15)
Sold WTW DEC 28 2018 48.5 Calls @ 1.85

That’s it for me this week (I think ). Another pretty good week of selling with the elevated volatility…