#Earnings Looking pretty good so far for neutral plays on CMG and AAPL!
Daily Archives: Tuesday, October 25, 2016
AAPL and CMG fills.
AAPL 124/118/118/112 for 4.13 credit
CMG 450/445/370/365 for 1.35 credit
SPX puts sold
#SPXcampaign Sold to Open $SPX Nov 4th 2090/2065 put spreads for 1.90, with SPX at 2142. This is a bonus spread expiring next Friday.
More puts on ILMN
I think this one has earned the #FallingKnife tag.
Sold $ILMN Mar 17 2017 95 puts @ 1.45.
CMG & AAPL earnings
#Earnings Following @Ramie, STO $CMG Oct 28th 370 put for 2.35. Will sell another, but want to see if premium might rise more.
Following @optionshane, STO $AAPL Oct 28th 112/118/124 iron butterflys for 4.13.
DUST
Ok. DUST has ground me into dust today lol. See posts from yesterday. Would you guys stick with it or just dump it all and take the loss? My position is small. But it did get pounded today. Seems like gold may go higher for a bit.
In a nutshell: Yesterday I bought stock for 41.66, sold a oct28 42 call against it, and sold a oct28 42 put. If I hang on and am assigned shares on Friday my cost basis will be 39.49.
CMG earnings
CMG reports tonight also. I’m not doing anything though since I’m already in a strangle I’ve been rolling around.
AAPL BTO Oct 28 118/121…
AAPL BTO Oct 28 118/121 BuCS 112/109 BuPS @.98 debit 2 to 1 reward risk ratio. Small position to hold over earnings.
NUGT calls
Sold $NUGT Dec 2 (weekly) 21 calls @ .65
AAPL strangles
Not necessarily an earnings trade but if it works out then great! I’ve been wanting to add some strangles to trade around on this thing so earnings seems like a good place to sell the starter.
Sold Oct 28th 113/123 strangles @ 1.40
My turn to share -…
My turn to share – I am learning to trade another type of butterfly called fly on points. On the day before Jobs data comes out – Nov 4 which will be Nov 3, I am going to put on this fly on SPX –
1. buy 1 OTM call at 25 delta
2. sell 3 further OTM calls at 15-20 delta which if 10 points above #1
3. buy 2 even further OTM calls – 20 points above #2 or approx 7-10 delta
You should get a credit and the goal is too keep 100% of credit received. If you lose 2X credit, get out. You much check on trade at least once per day. You must get out of trade by last week of month expiration day. Here’s an example.
http://screencast.com/t/bNufiAUETs
AAPL #earnings
AAPL
#earnings Is anyone doing an earnings trade on AAPL? Ryan w/ TT sold an Oct 28 Iron Butterfly 112/118/124 @ 4.12. Wondering if I should follow. Any recommendations?
SPX trading with Whiz
Bear call yesterday and bull put today for this Friday. I’m much safer and wider wings than him but kinda using his idea.
2170/2180 @ 1.25 BeCS yesterday
2125/2115 @ 1.30 BuPS today
$DUST
Added 1 more
STO Nov 18 $65 calls @ $0.60
$DUST
Hey @fuzzballl, did TD Ameritrade make a change to margin requirements on these instruments? Last week when I was looking at some trades, the margin requirement was huge. This week I’ve put on a couple of trades because the margin requirement is only a fraction of what it was a week ago. I’d guess that it is about 1/3 of what it was. Reference our conversation last week on the topic.
Just curious if you have seen this as well. At least in my account, something definitely changed.
$MYL #CoveredCalls – Sold MYL…
$MYL #CoveredCalls – Sold MYL NOV 11 2016 41.5 Calls @ 0.56
$SVXY #ShortCalls #Leaps –Sold 1…
$SVXY #ShortCalls #Leaps –Sold 1 SVXY Jan 19 2018 155.0 Call @ 5.20 adding to my position – Highest available strike price
$DUST
STO Nov 11 $60 calls @ $0.70
UA puts
Sold UA Dec 16 32.5 puts @ 1.30
FB Curious as to what…
FB Curious as to what others are doing. Earnings are Nov 2. I have been holding Jan 120 calls and Nov 130 calls. Both are profitable but not quite doubles yet. Thinking to hold the Jan 120 but looking for advise on hedging strategies and perhaps the hedge on Nov or rolling out these for more time.
SPX puts sold
#SPXcampaign Sold to Open $SPX Nov 25th 2025/2000 put spreads for 1.55, with SPX at 2150.
Looking for some advice here….
Looking for some advice here. I have Nov 18 QQQ 212/123 bear call. It’s going against. Any advice as to how to manage?
WHR puts
On the post-earnings move down, sold $WHR Dec 16 140 puts @ 1.30
Options Bistro 