#Earnings Idea
$VMW Report after bell 7/18.
Last eight quarterly earnings reports exceeded expectations by a tad.
However stock stayed or gained on half these reports.
Stock currently slightly above 50 DMA on daily chart.
I’m looking at 7/22 57 put at $1.24.
Anyone have experience with $VMW performance.
STO
July 29, 40 put @.30
August 5, 40 put @.46
August 12 put @.60
August 38 put @.72
January 85 call @1.50
This week I closed all my remaining positions including the Long options on NVDA, GME and FB and the Broken wing butterfly on TSLA. All positions were closed for profit. A very good week.
Now I will wait for the market to decide what it wants to do during earnings.
NUGT Sold 235/250 call spread for 1.30
SPX I would just like to say that immediately after I sold a put spread, SPX went down a couple points, I’m doing my part
#ContangoETFs STO NUGT Aug 19th 250 call for 7.00
#SPXcampaign Bought to close SPX July 27th 2000/1975 puts for .20. Sold as part of a condor-roll for 4.40 on July 7th.
Bought to close $SPX July 29th 1975/1950 puts for .20. Sold for 1.30 on July 1st.
#SPXcampaign Sold to Open $SPX July 22nd 2100/2075 put spreads for 1.50, double-sized position. It seems funny to be selling a put spread at 2100, but there you have it. I think most likely direction over the rest of July is up, but a pullback could be in the cards. If any puts get in trouble it will mean wonderful things for my pressured call spreads.
#CoveredCalls Roll. BTC July 15 $152 calls @ $10.50 (sold for $15), STO July 29 $155 call @ $20.
#SPXcampaign Sold to Open $SPX Aug 12th 2035/2010 put spreads for 1.30.
STO August 26, 80 put @2.10, thanks to Iceman for the idea.
I have been joking for a couple years that we will someday have “Daily” options. No longer a joke…
#VXXGame BTC UVXY July 29th 25 call for .05. Sold for 1.00 on June 24th. This clears me of all UVXY calls. I now have a small amount of stock and one ITM put.
#ShortStock #CoveredPuts BTC $FB July 22nd 106 put for .05. Sold for 1.70 on June 27th. Will look to replace with a new put on weakness. Earnings are July 27th (AC).
Closing last position in CMG. I didn’t want to risk another move down before Friday.
Bought to close $CMG Jul 400 put @ .90. Sold for 4.20 on 6/7.
$NUGT #ShortPuts #Weeklys – Sold 1 AUG 26 2016 80 Put @ 2.10
STO $SVXY July 22 $47 puts @ 0.55
STO $NUGT July 29 $110 put @ $2.50
STO $NUGT Aug 12 $85 put @ $1.30
STO $NUGT Aug 26 $80 put @ $2.00
Didn’t get to post this yesterday
Options Bistro 