Another little scalp for fun…sold at 24 this afternoon and bought back at 23.50 just now. I’ll take me a little 50 tick winner before calling it a night. Up at 3am central tomorrow!
🙂 😦
Daily Archives: Wednesday, January 27, 2016
Gold Miners
Following plan to close at 80% profit
BTC DUST Feb. 19 34 call @.10
BTC DUST Mar. 40 Call @ .24
both around 80% profit
Miners on a tear lately.
$UVXY #VXXGame
$UVXY #ShortCalls – Staying at the top of the chain –
Sold UVXY FEB 19 2016 110.0 Calls @ 0.77
Sold 1 UVXY Feb 26 2016 110.0 Call @ 1.13
Sold 1 UVXY Mar 04 2016 95.0 Call @ 2.49
TZAmanian devil.
STO $TZA Feb 19 70/75 call spread for 0.90.
$SPX Call spread
Completing IC for this Friday. STO 1940/1950 for 0.40. Already had 1775/1765 put spread. A little late on this, but looks like it will work.
$AMZN $FB #ShortPuts #EarningsTrade -…
$AMZN $FB #ShortPuts #EarningsTrade – Sold both these. They expire Friday
Sold AMZN Jan 29 2016 500.0 Puts @ 0.87 with the stock at 585
Sold FB Jan 29 2016 84.0 Puts @ 0.20 with the stock at 95
STO SPX JAN5 16 (expiring…
STO SPX JAN5 16 (expiring this Friday) 1815/1790 BuPS @1.10
Two-day put spread
#SPXcampaign Sold to Open $SPX Jan 29th 1830/1805 put spreads for 1.30. Expire this Friday. Paired with 1955/1980 call spreads sold yesterday.
CTXS earnings
#Earnings Sold to Open $CTXS Feb 19th 55 puts for .55. Partial fill on this order during post-Fed volatility. 21-day moves after last 12 earnings: Biggest UP move: 12.5%, Biggest DOWN move: -3.7%, Average move: 6.4%. This trade is 17.4% OTM.
$NUGT
Made 1 more trade on the gold spike after the Fed release.
STO Feb 19 $35 calls @ $0.75
Initial reaction: Bonds UP, Gold/silver…
Initial reaction: Bonds UP, Gold/silver UP. Indices moving down.
VLO earnings
#Earnings … a bit more speculative than my other trades. I am already short some stock from last earnings, but the chart looks more bullish to me. Selling some fairly close puts; if stock drops it will close short stock and put me long the stock.
STO $VLO Jan 29th 64 puts for .60.
This is a very minor mover on earnings: Biggest UP move: 2.4% , Biggest DOWN move: -2.7% , Average move: 1.3% . This trade is 3.9% OTM.
$AAPL listening to Ramie STO…
$AAPL listening to Ramie STO Feb. 12 BuPS 93/89 for 1.03. Mucu closer to the current price than is my normal spread
$NOW #earnings #followingJeff STO Feb…
$NOW #earnings #followingJeff STO Feb 19 60/50 BuPS for .82
Testing 1,2,3, Thank you jeffcp
Testing 1,2,3, Thank you jeffcp
$CMG #ShortPuts #EarningTrade – Sold…
$CMG #ShortPuts #EarningTrade – Sold 1 CMG(Weekly) Feb 05 2016 300.0 Put @ 1.10 with the stock at 450. Someone is expecting a lot of pain in this stock.
SPX puts closed
#SPXcampaign BTC $SPX Feb 18th 1625/1600 put spreads for .25. Originally sold for 1.25.
FB trade continued
#Earnings Sold to Open $FB Jan 29th 102/107 call spreads for .70. Completes iron condor started earlier.
$NUGT
Added a couple of $NUGT positions this morning.
STO Feb 12 $35 calls @ .45
STO Mar 4 $35 calls @ $1.35
$AAPL #ShortPuts #ScalpTrade – Sold…
$AAPL #ShortPuts #ScalpTrade – Sold AAPL (Weekly) Jan 29 2016 89.0 Puts @ 0.13. These expire Friday
Put your earnings trades on NOW
#Earnings Sold to Open $NOW Feb 19th 60 puts for 1.00. One-day moves after last 12 earnings: Biggest UP move: 15.3%, Biggest DOWN move: -11.5%, Average move: 9.0%.
Since these don’t expire for 20 days, let’s look at the biggest 21-day moves after the last 12 earnings:
Biggest UP move: 16.5%, Biggest DOWN move: -10.7%, Average move: 9.6%.
So as you can see, the stock does not significantly increase its post earnings moves between 1 and 21 days after earnings.
This trade is 21.2% OTM.
I have traded this on most earnings and have closed the trade for .05 or .10 within the next couple of days every time.
Selling puts on BA on…
Selling puts on BA on the post-earnings move down
Sold $BA Feb 19 110 put @ 1.67
$GLD #ironcondor March 18 103/100/111/114…
$GLD #ironcondor March 18 103/100/111/114 for 1.08 from tastytrade
$WYNN #ShortCalls #ScalpTrade – Sold…
$WYNN #ShortCalls #ScalpTrade – Sold WYNN(weekly) Jan 29 2016 72.0 Calls @ 0.10. These expire in two days.
WYNN hasn’t closed above 72 since early November
BABA earnings
#Earnings Sold to Open $BABA Jan 29th 59/64/76/81 iron condors for .88. Entered all at once. On last 12 earnings: Biggest UP move: 7.5% , Biggest DOWN move: -8.8% , Average move: 5.9% . These strikes are 9.6% (puts) and 7.3% (calls) OTM.
FB Earnings
#Earnings Sold to Open $FB Jan 29th 89/84 put spreads for .50. Going for an iron condor; going for 102/107 call spread on next bounce.
FB moves on last 12 earnings: Biggest UP move: 29.6% , Biggest DOWN move: -6.1% , Average move: 6.3% . These strikes are 7.3% (puts) and 6.3% (calls) OTM. I’m giving the put side a bit more room. The 29.6% up move is an outlier from July 2013… the next highest is +14.1%, and then all other moves were less than 7%.
BTO FB BF this week…
BTO FB BF this week earnings play 97/100/103 calls .46
BTC AAPL 100 Call .14…
BTC AAPL 100 Call .14 looking for a bounce. part of IBF for this week, earnings play.
AMZN Earnings
@Jeff — looking at IC for AMZN. Reports tomorrow after the close. Some pretty juicy premium. Where do you find the info on max moves at earnings? You usually post those things, but was wanting to look into that. Thanks! BTW, are you or anyone looking at AMZN for a play tomorrow?
Lately, there has been little…
Lately, there has been little reason to start selling index spreads until we have reached a 1% move in either direction. On SPX, 20 points in the new 5 points.
AAPL management
#Earnings Bought to close $AAPL Jan 29th 100 calls for .13. Clearing the way for remote chance of a rally back to 100 by week’s end. I am doubtful now, but closing these cheaply removes all upside risk. However, it also slightly increases your max loss.
SPX support at 1895 and…
SPX support at 1895 and 1888 and 1878…
SPX Resistance at 1905-1908 and…
SPX Resistance at 1905-1908 and 1915-1920; The strongest is the 1920 where there is a k-node and symmetry.
Selling puts on AAPL
Seems like everyone thinks Apple will never go up again. Sounds like a good time to sell more puts.
Sold $AAPL Mar 18 85 puts @ 1.12.
Earnings today
#Earnings, here are the stocks to consider today…
I consider these the “rock stars,” symbols that have worked before and typically have juicy OTM options:
BABA, CELG, FB, SNDK, UA, VLO, and with monthly options only: NOW
Also to look at, these have weeklys and high volume, but premium may be lower:
BMY, BRCM, BX, CAT, CTXS, EBAY, F, LLY, LVS, PYPL, QCOM, URI, V
Options Bistro 