#Earnings BTO $GOOGL stock for 730.00. Sold half for 740.00. Holding other half for more gains… will close tonight if it reaches 760, otherwise hold for tomorrow. Stop at 720.00, which would be breakeven.
Daily Archives: Thursday, April 21, 2016
Another SPX BePS
BTO May 20 SPX 2040/2015 BePS for $4.10
SPX calls stopped
#SPXcampaign Six minutes after close, bought to close $SPX May 19th 2125/2150 call spreads for 6.00. Sold for 3.50 on March 16th as a roll. This is one of three spreads I have at 2125. Stopping since we breached my 20-pt stop at 2105. Will wait the others out… I believe the upside momentum will slow a lot now that we are near the November high of 2116.
SPX Call Spread Story
Yesterday:
When market peakeded my original 10 delta call went to 45 Delta and risk was high
SPX AprWk4 2110/2130 Call spread originally sold for $1.00 bought back @ $3.50 with the loss $2.50
To compensate the loss, increased the contract size and sold in bit safer spots
Adjustment 1: Sold 20 delta call spread SPX AprWk4 2120/2140 for $1.75 AND
Adjustment 2: Sold 10 delta call spread SPX AprWk4 2125/2145 for $1.00
Today:
When market was down 2090 Bought back both total of 25 cents.
At the end, No Loss/No Gain… (broker is happy with the transactions)
GOOGL trade, another bust!
GOOGL trade, another bust!
$CAT followed a BePS on…
$CAT followed a BePS on TT April 22 78/76 long put spread for a debit of 60
SPX Put Spread Sold
SPX May16 1960 / 1940 Put @2091 for $1.00
Converted into IronCondor.
GOOGL earnings
#Earnings I haven’t traded $GOOGL on the last few earnings because premium is often light at far OTM strikes. Looking at its history, it is more bullish than bearish on past earnings. I am trying for the Apr 22nd 800/820/840 call butterfly. This would profit most at 820, a 5.4% up move (40 points), which is the expected move based on IV. Looks to be going for 3.75-4.00. Bidding 3.25 for now and will adjust if not filled.
Anyone else trading this?
SPX Quick Tech Analysis
SPX Range
10 Day EMA 2080 (EMA – Exponential Moving Average)
20 Day EMA 2065
50 Day EMA 2027
200 Days SMA 2011 (SMA – Simple Moving Average)
100 Days SMA 1999
Yesterday touched Bollinger Top Band when SPX @2109 and slowly reversing
Stock, RSI and MACD – all showing very overbought.
$NUGT #ShortPuts – Sold NUGT…
$NUGT #ShortPuts – Sold NUGT APR 22 2016 70.0 Puts @ 0.20. These expire tomorrow
SPX puts sold
#SPXcampaign Sold to Open $SPX May 13th 2050/2025 put spreads for 3.50. Aggressive trade as a roll from stopped call spreads.
$MCD #Earnings watching today for…
$MCD #Earnings watching today for tomorrow mornings release. Waiting on a fill for a short strangle 123/135 with April22 exp. for a premium of .59 or better. The strikes are both outside of the max close for the last 9 quarters, probability over 80 %.
$NUGT #ShortStrangle – this expires…
$NUGT #ShortStrangles – this expires tomorrow if the stock stays within its recent range
Sold NUGT Apr 22 2016 96.0 Call/ 72.0 Put @ 1.35
$UVXY #CoveredCalls – Sold UVXY…
$UVXY #CoveredCalls – Sold UVXY APR 29 2016 22.0 Calls @ 0.39
#GOLD getting crushed, $20 off…
#GOLD
getting crushed, $20 off the high’s premarket.
#Earnings NOW and DATA doing…
#Earnings NOW and DATA doing the reverse of what happened in February. NOW earnings last night; DATA not until May 5th. I have covered calls, NOW way down at 60, DATA at 49.
$UA Jeff-nice call on the…
$UA Jeff-nice call on the UA put!
$NOW Jeff did you still…
$NOW
Jeff did you still hold NOW? Big bounce this AM following earnings.
$NUGT
STO Apr 22 $80 puts @ $1.00, expires tomorrow.
This is one of those patented @Fuzzball “come and get me” trades.
$SVXY
Morning all. Didn’t get these posted yesterday. Sold May 3rd 50 P @ 1.40 and Sold May 20th 45 P @ 1.20.
Options Bistro 