#earnings
Orders Placed Tonight
$AMZN Iron Condor 10/28 787.5/797.5/887.5/877.5 @ 5.20
$GOOG 11/18 720/740 BUPS @1.50
$AAPL BTO 11/4 118 call @ 2.54
$AKAM STO 10/28 51 put @ .63
Daily Archives: Monday, October 24, 2016
#Elections#SPX Since 1950 we’ve had…
#Elections#SPX
Since 1950 we’ve had 16 U.S. presidential elections and for those 16 election years the SPX has been up 12 of 16 times and averaged +0.22% from September 1st through election day. If you remove the two bear-market years (2000 & 2008) the September 1st through Election Day performance would increase to +2.19%. Additionally, for the past 5 bull market elections (’88, ‘92, ’96, ’04, ’12) the return has been +4.02%.
VIX Indicator updated, no SPX…
VIX Indicator and SPX chart are updated
VIX has crept down five days straight, but without any huge single-day drops. Downside warning not yet canceled… would need a close below 12.50.
Looks like Visa trade might work if it can remain quiet.
PG #earnings followed Tony V…
PG
#earnings followed Tony V at TT on an 84/82.50 BePS for .46 debit, seems like old times.
$UA #Earnings Putting one on…
$UA #Earnings
Putting one on for tomorrow’s pre-market report.
Sold $UA Oct 28 35 puts @ .45.
SPX Trade on Small Account.
STO Nov 4 SPX 2190/2195 BeCS for $0.35
According to a friend selling one of this each week will get a 2.5% Return per week. I placed this on an account with less than $10k. Max loss is $465.
Any thoughts.
I added a BuPS on the SPX for the same expiry. 2085/2080 for $0.30 to complete the IC. No more Margin and more return.
AAPL BTO Feb 120 call@4.84…
AAPL BTO Feb 120 call@4.84 Plan to hedge once Apple gets above 120 or sell on earnings pop
UVXY
BTC UVXY Oct28’16 20 CALL @ 0.05, sold for 0.85 on 10/07/16
DUST calls for this week
Sold $DUST Oct 28 50 calls @ .35.
Gettin DUSTed
BTO DUST shares @ 41.66, STO DUST 28oct16 42 call @ 2.20, STO DUST 28oct16 42 put @ 2.50. Never traded this before. Call me crazy. Don’t follow unless Iceman gives me his blessing. Any thoughts or better ways I could have gotten involved welcome. Guess I should have asked that before jumping!
Selling puts on $COL
Sold $COL Dec 16 75 puts @ 1.20, on the big move down following the $BEAV acquisition announcement. Strike is below the stock’s 2 year low. I’ll go long at 73.80 if it dips further by December.
Thoughts on this tweet?
$SVXY #CoveredCalls #OptionLadder – sold…
$SVXY #CoveredCalls #OptionLadder – sold these when the stock got to 80.50
Sold SVXY NOV 4 2016 81.5 Calls @ 1.95
Sold SVXY NOV 11 2016 85 Calls @ 2.05
Sold SVXY NOV 18 2016 90 Calls @ 1.05
AVGO stock sold
#Earnings I was assigned some shares from an earnings trade in early September. With all options premium factored in, my cost basis is 174.76.
Sold half my stock today for 176.33. Holding the other half with a short 177.5 call expiring this Friday.
NFLX trades
#Earnings #Rolling We hit 129 so I’m rolling my short calls that expire Friday. I covered them as NFLX fell back down. And I sold more puts:
BTC NFLX Oct 28th 129 calls, 2.35 avg price. Sold last week for .79 avg price.
#ReverseRoll to:
STO NFLX Oct 28th 123 put for 1.00
STO NFLX Dec 16th 110 put for 1.50
STO NFLX March 17th 95 put for 2.55
(Jan 20th 105.71 put sold earlier for 2.82)
AMZN #Covered Calls Sold $AMZN…
AMZN #Covered Calls
Sold $AMZN Jan 20 2017 950 call @ 8.30
DUST calls
#ContangoETFs Sold to Open DUST Nov 18th 55 call for 1.70. Orders in for a couple others.
V earnings
#Earnings Visa seems a better candidate than AAPL for the neutral play. It has not moved much recently, but did have some bigger moves a couple years ago. I’ll play for another small move.
STO $V Oct 28th 81/83/85 iron butterfly for 1.55. Max loss .45.
Here are the 5-DAY moves over last three years:
Thu 07/21/2016 AC -0.10%
Thu 04/21/2016 AC -4.60%
Thu 01/28/2016 BO -3.63%
Mon 11/02/2015 BO 0.94%
Thu 07/23/2015 AC 4.50%
Thu 04/30/2015 AC 3.93%
Thu 01/29/2015 AC 7.25%
Wed 10/29/2014 AC 16.33%
Thu 07/24/2014 AC -5.40%
Thu 04/24/2014 AC -0.33%
Thu 01/30/2014 BO 2.39%
Wed 10/30/2013 AC -2.72%
$DUST Dec calls
Sold $DUST Dec 16 70 calls @ 2.00. Highest strike.
$SVXY
Sold to open Nov 18th 85 Call against my long stock. I will take assignment here. Waiting on a pull back to sell to open a Nov 18th 60 Put.
$NUGT #CoveredCalls #Weeklys – Sold…
$NUGT #CoveredCalls #Weeklys – Sold NUGT OCT 28 2016 16.0 Calls @ 0.40
$DUST #ShortPuts #Weeklys #OptionLadder -…
$DUST #ShortPuts #Weeklys #OptionLadder – this worked last week and it should work this week too.
Sold DUST (Weekly) Oct 28 2016 33 Puts @ 0.60
Sold DUST (Weekly) Oct 28 2016 32.5 Puts @ 0.45
Sold DUST (Weekly) Oct 28 2016 32 Puts @ 0.40
IWM Followed from TT Sold…
IWM
Followed from TT Sold Dec. 16 123 straddle for 6.12.
AAPL earnings
#Earnings Was considering a tight condor, but APPL’s average 5-day move has been 6% over the last three years. Not sure if I want to play it, as farther OTM strikes not too rich in premium. Other thoughts?
Tue 07/26/2016 AC 7.79%
Tue 04/26/2016 AC -10.16%
Tue 01/26/2016 AC -2.65%
Tue 10/27/2015 AC 4.32%
Tue 07/21/2015 AC -4.78%
Mon 04/27/2015 AC -2.78%
Tue 01/27/2015 AC 7.34%
Mon 10/20/2014 AC 5.47%
Tue 07/22/2014 AC 3.11%
Wed 04/23/2014 AC 13.21%
Mon 01/27/2014 AC -9.06%
Mon 10/28/2013 AC -1.86%
$DUST
STO Nov 4 $50 calls @ $0.75
SPX put spreads closed
#SPXcampaign Bought To Close $SPX Nov 4 1975/2000 put spreads @ .15, sold on Oct 4 @ 1.40
AAPL has earnings Tuesday amc….
AAPL has earnings Tuesday amc. Any thoughts on trades?
NFLX put sold
#Earnings Sold to Open $NFLX Jan 20th 2017 105.71 put for 2.82.
Have orders in for several other puts but this is the only one that filled before the bounce.
SPX IC closed
$SPX Nov 9 2250/2240/2010/2000 closed for 0.45.
Originally sold for 1.20 on 10/10. 62.5% max profit.
While this market remains in this trading range, this approach to profits is working well.
SPX puts closed
#SPXcampaign In pre-market, bought to close $SPX Nov 4th 2010/1985 put spreads for .20. Sold for 1.45 on Oct 4th.
Econ calendar for week of 10/24/16
$UVXY
Looks like new all time lows again today for $UVXY
Options Bistro 