#Earnings #IronButterfly Not a big mover on earnings, so playing for calm.
STO $PG Jan 20th 82.5/84.5/86.5 iron butterfly for 1.28. Risking .72 to make 1.28.
Monthly Archives: January 2017
Fuzzball trade, TQQQ
BTO 2019 35 calls @ 39.86
STO 2019 35 puts @4.86
STO Jan. 27, 71.5 calls @1.20
I will write weekly calls out to 2019 and can always exercise my 35 calls if called away. however, I intend to roll the weekly call options or let them expire if they are out of the money.
Closing SWKS
$SWKS Taking this one off before earnings tonight. No sense holding for .03.
Bought to close $SWKS Jan 20 65 puts @ .03. Sold for 1.10 on 12/1.
SWKS earnings
Taking a small shot on a less than expected move…
Sold Jan 20th 76/79/82 iron flies @ 2.45 risk 55 to make 245 on an expected move of 3.95
Plans to manage:
1. Close for nice winner 🙂
2. Take stock or roll if she tanks
3. Sell higher puts to bring in around .55 if she screams higher.
Rolling $REGN
Continue to sell calls on $REGN that was put to me
BTC $REGN 1/20 382.50 calls @.05
STO $REGN 2/3 380 calls @ 4.64
Reduced basis by $24 doing this since assignment on 11/21.
IBM has earning today also….
IBM has earning today also. looking at the 175/155 for .45cr. Thoughts anyone????
Notable Earnings After the Close,…
Notable Earnings After the Close, Thursday or Before the Open on Friday:
ASB, AXP, CFG, COL, FFBC, GE, IBM, KSU, PBCT, RF, SLB, STI, SWKS, SYF, TEAM
Notable Earnings After the Close Friday (Previous Week) or Before the Open on Monday:
BOH, CBU, HAL, MCD
10am Futures Trade
Jan 19 09:29 Shorted YM at the center Pivot, at 19730
Jan 19 09:29 Exited the trade at the S1 Pivot , at 19670
gain of 60 points
10:20 Reversed my trade at the 19680, as the YM bounced at the S1 pivot,
10:22 Exit my trade at the 19720, just under the Center pivot..at 19720
additional gain of 40 points
finished for today…
thoughts on Jan 20 73/83…
thoughts on Jan 20 73/83 strangle at .44cr?
$ETE
#Short Options Rolled my Jan 20th 18.50 short puts out and down a bit to Feb 17th 18 for a 0.33 credit. Rolled to avoid assignment.
AXP has earnings after the…
AXP has earnings after the close. Looking at selling 72/83 for .33 cr. not sure it’s worth it.
WYNN roll
Same as last week….copy and paste and change a couple numbers:
#CoveredCalls – Gradually working these up hoping they will eventually expire before earnings so I can then sell some nice juicy ones. 1 more roll after this one for Feb 9th earnings…
Rolled this week’s 90 calls to next week’s 91’s @ .25 credit
$NFLX earnings IC — out :)
Got out of my IC from yesterday. Sold for 1.22, got out for 0.25 as I have to leave my desk for the day and can’t watch it if it bounces up now.
Glad to take the money and run.
GS…right back in
#BullPutSpreads – Selling just slightly ITM. If the 50ma doesn’t hold, and no matter how far it drops, I’ll be able to get in just 2.55 below the current stock price. If she bounces, it’s a nice winner. How can this go wrong with 4 former GS guys in the Trump cabinet…LOL
Sold GS FEB 17 2017 235.0/230.0 Bull put spreads @ 2.45
SPX spreads closed
In pre-market, Bought to close $SPX Jan 31st 2330/2355 call spreads for .20. Sold as part of a #CondorRoll for 4.80 on Jan 6th.
Just after the bell, Bought to close $SPXPM Jan 20th 2225/2200 put spreads for .20. Sold for 2.65 on Jan 5th.
AMZN roll
BTC Jan. 20, 775 call @35.84
STO Feb. 3, 780 call @ 43.34
I am selling the weekly calls against my long 600 call in 2019
NFLX trades
#Earnings #ShortCalls #ShortPuts
With the success of yesterday’s bullish trades, I am closing NFLX positions that were rolls from failed October earnings trades.
BTC NFLX March 95 put for .15. Sold for 2.55 on 10/24
BTC NFLX March 90 put for .12. Sold for 2.97 on Nov 14th
BTC NFLX March 150 calls for 2.77. Sold for 4.50 on Oct 21st
GS earnings
#Earnings – Earnings season off to a really nice start…
Bought to Close GS Jan 20th 225/235/245 iron butterflies @ 3.38 (sold for 6.10)
NFLX earnings
#Earnings – I don’t even have a NFLX account but I may open one after today…LOL
Opening dip allowed me to close the iron fly at close to even in spite of a move well outside of the fly…(even though it’s getting better as I type).
Bought to Close 124/132/140 iron butterfly @ 7.00 (sold for 6.80)
And:
Bought to Close NFLX JAN 20 2017 125.0 Puts @ .04 (sold for 3.33)
#becs Closed on downtrend this…
#becs
Closed on downtrend this morning
$NFLX 150/140 1/20 BECS @ 1.40 Sold for 1.20 on 12/13
Still holding $NFLX 2/17 115 calls (long) and $NFLX 1/20 110/120 BUPS (plan to let it expire tomorrow.)
GOOGL roll
BTC Jan. 20, 820 call @ 11.05
STO Feb. 3, 825 call @ 22.75
NFLX STC 110/155 for 90%…
NFLX STC 110/155 for 90% profit
Options Expiration 1/18/17
#OptionsExpiration #SPXcampaign
Expiring: SPX 2290/2315 call spreads, sold as part of a #CondorRoll for 4.65 on 1/10.
#spxcampaign Sold to open following…
Expired
$SPX 1/18 2215/2240 BUPS
#spxcampaign
Sold to open following @jeffcp66
$SPX 2/17 2365/2330 BECS @ 1.50
$SPX 1/25 2215/2240/2310/2285 Iron Condor @ 4.05
Closed Early
$SPX 1/23 2140/2165 BUPS @ 90% profit
#shortputs
Closed Early (Before $NFLX earnings)
Tried to be prudent. Closed 75% of my BUPS in $NFLX but did keep my 2/17 $NFLX 115 calls (Long)
And a $NFLX 1/20 150/140 BECS (see if I can get out tomorrow with minimal damage)
$NFLX 1/20 100/110 BUPS @ 89% profit (OMM Trade)
$NFLX 1/20 102.86/111.43 BUPS @ 73% profit (OMM trade)
$UVXY
Strikes added up to $60 for all the expirations I checked.
$NFLX earnings iron condor
STO Jan 20 147/144/121/118 @ 1.22
$SPX
#SPXcampaign Sold the Feb 17th 2340/2360 Call spread for 0.85 to make the Iron Condor. So far so good.
NTES
STO Feb> 17, 225 put @6.20
AMZN roll
#LongCallDiagonals – With earnings moved back a week I’m rolling out but not up. I’ll make the big roll up the following week. Going for premium this time…
Rolled this week’s 772.5 call to next week 772.5 @ 2.70 credit.
SPX trades
#SPXcampaign We continue to consolidate so I will continue to sell short term, aggressive condors.
#CondorRoll Sold to Open $SPX Jan 25th 2215/2240/2285/2310 iron condors for 4.00.
Also, selling standard 5-week call spread.. no fills on the day’s highs so I’m just getting something filled: Sold to Open $SPX Feb 16th 2330/2355 for 1.45.
CAT puts
#CoveredPuts Sold $CAT Mar 3 87 puts @ 1.06, against short stock I was assigned early overnight.
Simpler Options trial
Signed up for the one month trial for 7 bucks….mainly to watch how JC plays earnings. He’s supposed to be setting up something in NFLX today.
GOOGL roll
#LongCallDiagonals – Rolling out and up…
Rolled this week’s GOOGL 802.5 call to Jan 27 815.0 @ 1.50 credit
NVDA puts
STO Feb. 10 95 puts @1.05, Thanks to Fuzzball for the idea. I have been watching this one but want a better entry level.
REGN earnings??
TOS shows Feb 9th but IV seems to be predicting the week after that. Anyone showing something different? If it’s the week after I’d like to sneak one more strangle in…
TLT
#PerpetualRollingStrangles – A couple minor adjustments…still selling against March DITM puts.
Rolled this week’s 119.0 calls out to Feb 3rd 119.5 @ even
Sold TLT FEB 3 2017 123.0 Calls @ .74
NFLX earnings
Playing it bullish but will get in at the 50ma if she tanks. May add a long put on a rally to set up a spread. Still debating about selling the call side…
Sold NFLX JAN 20 2017 125.0 Puts @ 3.33
NVDA strangles
Jumping back in selling the week before earnings…
Sold NVDA FEB 10 2017 95.0/115.0 Strangles @ 1.60
$UVXY
#VXXGame
Added a little bit of short term exposure.
STO $UVXY Jan 27 $38 calls @ $0.62
SPX puts closed, calls closed yesterday
#SPXcampaign Just now: Bought to close $SPX Jan 18th 2250/2225 put spreads for .20. Sold in a condor for 4.65 on Jan 10th. This avoids any late-day drop which I don’t expect but could happen. I will let the 2290/2315 call side expire today.
Yesterday: BTC $SPX Jan 27th 2325/2350 call spreads for .20. Sold for 1.50 on Dec 30th.
NFLX earnings
#Earnings NFLX is always a big mover. Here are the details on its THREE-DAY moves after earnings (since options expire Friday).
Over last three days, NFLX move 3 days after earnings: Biggest UP move: 25.4%, Biggest DOWN move: -20.4%, Average move: 14.3%.
Mon 10/17/2016 AC 23.59%
Mon 07/18/2016 AC -12.97%
Mon 04/18/2016 AC -12.38%
Tue 01/19/2016 AC -6.64%
Wed 10/14/2015 AC -10.19%
Wed 07/15/2015 AC 16.95%
Wed 04/15/2015 AC 20.20%
Tue 01/20/2015 AC 25.41%
Wed 10/15/2014 AC -20.39%
Mon 07/21/2014 AC -5.87%
Mon 04/21/2014 AC -1.26%
Wed 01/22/2014 AC 15.68%
#shortputs $CVI 1/20 22.50 put…
#shortputs
$CVI 1/20 22.50 put @ .28
$MS 1/20 40/45 BUPS @ 1.80 (Terrible earnings trade)
$CHK 2/17 7 put @ .37
#shortcalls
$UVXY 2/3 40.50 call @ 1.30 Thanks @optioniceman with nod to @vxxkelly
GS earnings
Going wider than normal since I don’t really mind managing this one either way…
Sold GS Jan 20th 225/235/245 iron flies @ 6.10
$NUGT #CoveredCalls – selling some…
$NUGT #CoveredCalls – selling some call a bit above my breakeven points
Sold NUGT Jan 20 2017 11.5 Calls @ 0.20
Sold NUGT Jan 20 2017 12.0 Calls @ 0.14.
Both of these expire this week.
$SPX #SPXcampaign Joined in to…
$SPX #SPXcampaign Joined in to begin my plan to master myself with these trades. Sold the Feb 17th 2140/2120 BuPS @ 0.95. Also trying again to tease the market into a pull back. I figure it would be a win win all around if we can get out of this consolidation.
#spxcampaign Following the @jeffcp66 Bought…
Following the @jeffcp66
Bought to close $SPX 2/3 2375/2350 BECS for .20. Sold 1/6 for 1.35 (83% profit)
ANET, falling knife
STO March 75 puts @1.30
FEYE roll
#CoveredCalls #IRA – Been selling these for months trying to get back to even…finally getting close. Rolling into earnings week for nice credit.
Rolled this week’s 13.0 calls to Feb 3rd 13.0 calls @ .61 credit
NVDA again
#ShortPuts #IRA – Taking a little more risk off for nice profits…
Bought to Close NVDA FEB 3 2017 90.0 Puts @ .29 (sold for 1.70)
$SVXY Last Thursday tried to…
$SVXY Last Thursday tried to tease the market into a pullback. Sold Feb 03 80 Puts for 0.75.
MarketWatch-Investors are bracing for a massive stock-market selloff
http://on.mktw.net/2j8J5KY
NVDA
#ShortStrangles – Out all morning but did get a fill…
Bought to Close NVDA FEB 3 2017 85.0/125.0 Strangles @ .16 (sold for 1.56)
SPX calls closed
#SPXcampaign Bought to close $SPX Feb 3rd 2350/2375 call spreads for .20. Sold for 1.30 on Jan 6th.
#spxcampaign $SPX 2/17 2125/2150 BUPS…
$SPX 2/17 2125/2150 BUPS @ 1.50. Thanks @jeffcp66
Futures Trade Today
Jan17 09:02 Bought 5 YM dow-mini’s at 19740
Jan17 09:10 Sold/Exit 5 YM Dow-mini’s at 19790
Jan17 09:23 Sold/short 5 YM dow-mini’s at 19800
Jan17 10:21 Buy/Exit 5 YM Dow-mini’s at 19750
Total of 100 points
10 pts = 50.00
100 pts = 500.00
5 contracts = 2500.00
Futures trades are done for today
$NUGT #ShortPuts – Bought to close NUGT JAN 20 2017 7.5 Puts @0.01.
Sold NUGT Feb 3 2017 8.0 Puts @ 0.30
Sold NUGT Feb 10 2017 7.5 Puts @ 0.31
$RH #ShortPuts – Bought to close RH JAN 20 2017 27.5 Puts @0.05
$UVXY $VXX
Was away from my desk for the open so likely missed some opportunities.
STO $UVXY Feb 10 $40.50 call @ $2.01
STO $VXX Feb 17 $31 calls @ $0.33
#spxcampaign $spx 2/13 2090/2190 @4.40….
$spx 2/13 2090/2190 @5.15. Thanks wizard of fibs.
Closed early
$spx 1/20 2355/2330 BECS @.10. Sold for 1.65 on 12/27.
$NUGT #LongStock – finally out…
$NUGT #LongStock – finally out of a position I acquired in early November via Put assignment at gain.
Sold NUGT @ 10.70.
I’ll switch back to writing Puts.
SPX Puts sold
#SPXcampaign Sold to Open $SPX Feb 16th 2150/2125 put spreads for 1.50, with SPX at 2266.
Also, in pre-market hours, bought to close SPX Jan 27th 2335/2360 call spreads for .20.Sold for 1.30 on Dec 29th.
$UVXY #ShortCalls #VXXGame – Top…
$UVXY #ShortCalls #VXXGame – Top of the chain for 100 share contracts
Sold UVXY Jan 20 2017 40.0 Calls @ 0.22
Sold UVXY Jan 27 2017 40.5 Calls @ 0.71
Sold 1 UVXY Feb 3 2017 40.5 Calls @ 1.37
Sold 1 UVXY Feb 10 2017 40.5 Calls @ 2.06
Sold 1 UVXY Feb 17 2017 40.0 Calls @ 2.85
Sold 1 UVXY Feb 24 2017 40.5 Calls @ 3.05
Econ Calendar, week of 1/16/17
Blue star = Market Moving Indicator; Yellow square = Merits Extra Attention; Pink Circle = Other Key Indicator
TDA reply to match tastyworks….
Looks like I’ll be moving the IRA’s and then when they roll out futures and portfolio margin I’ll be moving the rest if all goes well. These seem like canned responses so I’ll give them one more chance by contacting our original guy we dealt with and using combined leverage of my brother and me and see what they say…LOL
===================================================================================
Mr. Wyant:
Thank you for contacting us today. We appreciate you giving us the opportunity to continue doing business with you.
We can certainly review your account to see if we can get you a lower rate; however, please understand that TD Ameritrade does stand by the value of our pricing since we do offer a lot more products and services that other discount brokerage firms do not.
We offer multiple different platforms and mobile apps that are consistently ranked higher than our competitors by third parties such as stockbrokers.com. We are consistently ranked higher in customer service, education offerings, and research tools as well as a variety of other categories. We also do not have some of the hidden charges that our competitors have such as charging extra for shorting shares, fees for canceling and replacing orders, among others.
In order to help with getting you the lowest rate possible, please reply to this message with the following information:
1. Do you plan on consolidating any accounts with TD Ameritrade, making any large deposits or any large withdraws? If so, approximately how much value do you plan on depositing or withdrawing?
2. Do you plan on changing your trading activity in the future? If you are changing your trading strategy, how many stock and/or option trades do plan on trading in an average month?
3. Do you plan on trading any index options? How many contracts per trade for your options trades on average?
Please respond with this information so we can better evaluate your situation. The more information we can collect, the bigger the case we can build in order for management to consider honoring your request.
If there is anything else I can do for you, please reply to this e-mail. Your business is appreciated and I want to make sure I address all of your questions and concerns.
Sincerely,
Rachael Peacock
TD Ameritrade Client Services
TD Ameritrade, Inc.
=====================================================================================
In response to the 3 questions in the previous email:
1. No immediate deposits but if I’m still here in 3 years when I retire I will be depositing at least another $xxx,xxx. Obviously, if I have to continue paying twice as much as the competition for similar services I will be withdrawing 100 percent (approx. $xxx,xxx) of my 3 accounts within 2 months.
2. Only plans for a change in trading activity would be a slight increase but still mostly 1-5 contracts per trade scaling in and out of positions.
3. Rarely if ever trade any index options.
Thank You,
Scott Wyant
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On 01/16/17 10:45 AM Message Center Client Services wrote:
Scott Wyant,
Thank you for contacting us again in regards to your commissions. What is the competition offering you to move your account? If you could let us know this information as well we can look into what we can do for you.
If you have any further questions please do not hesitate to contact us at 800-669-3900 or reply to this e-mail. We are available 24 hours a day 7 days a week.
Thank you for contacting TD Ameritrade.
Jacob Skelly
Client Services
TD Ameritrade, Inc.
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Options: 1.00 per contract to open (all closing trades are free) + .10 clearing
Stocks: 5.00 unlimited shares to open (all closing trades are free) + .0008 per share clearing
Futures: 2.50 per contract to open (all closing trades are free) + .30 clearing
No ticket fees at all…$5 exercise fees
https://tastyworks.com/commissions-and-fees.html
Thanks!
=======================================================================================
Scott Wyant,
Thank you again for contacting us in regards to your commissions. At this time you are on a negotiated commission and at this time we would not be able to offer you what the competition is offering you.
If you have any further questions please do not hesitate to contact us at 800-669-3900 or reply to this e-mail. We are available 24 hours a day 7 days a week.
Thank you for contacting TD Ameritrade.
Jacob Skelly
Client Services
TD Ameritrade, Inc..
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Thank you for checking. I’ve enjoyed my time here at TDA….
Scott Wyant
Oh boy, oh boy!!!
Got my invite from tastyworks this morning to open accounts…probably need 3 days to figure it out?!
Options Expiration
#optionsexpiration
$SPX 2185/2210 BUPS
$VRX 16 calls (Covered – hope to recover)
$SVXY 60 put
$SVXY 70 put
$SVXY 75 put
Everyone have a quiet weekend. Not too much volatility, please.
Options Expiration
Pretty light week, long dry spell without good opportunities to open new trades.
$SVXY $65 puts
$SVXY $70 puts
$SVXY $75 puts
$VXX $29 calls
Have a great weekend everyone.
https://optionsbistro.files.wordpress.com/2017/01/market-closed-monday.jpg
Options Expiration 1/13/17
#OptionsExpiration #ShortStrangles #ContangoETFs #SPXcampaign
— Expiring w/Max Profit —
DUST 84 call
REGN 350/405 strangle
— Expiring w/Loss —
SPX long call spread, 2300/2325, bought for 1.45. Didn’t get the bull run I was expecting. But the flat market is perfect for the #SPXcampaign
#OptionsExpiration #Weeklys #Jan13 – not…
#OptionsExpiration #Weeklys #Jan13 – not an ideal expiration cycle, with SVXY too high and DUST and UVXY too low during the week. Still, mostly profitable.
— Expirations —
CF (Weekly) Jan 13 2017 35 Calls (Covered)
DUST (Weekly) Jan 13 2017 30 Puts
DUST (Weekly) Jan 13 2017 35 Puts
MYL (Weekly) Jan 13 2017 40 Calls (Covered)
NUGT (Weekly) Jan 13 2017 11 Calls (Covered)
NUGT (Weekly) Jan 13 2017 11.5 Calls (Covered)
NUGT (Weekly) Jan 13 2017 12 Calls (Covered)
NUGT (Weekly) Jan 13 2017 7 Puts
SVXY (Weekly) Jan 13 2017 60 Puts
SVXY (Weekly) Jan 13 2017 65 Puts
SVXY (Weekly) Jan 13 2017 108 Calls
UVXY (Weekly) Jan 13 2017 10 Calls (Covered)
UVXY (Weekly) Jan 13 2017 10.5 Calls (Covered)
UVXY (Weekly) Jan 13 2017 11 Calls (Covered)
UVXY (Weekly) Jan 13 2017 11.5 Calls (Covered)
UVXY (Weekly) Jan 13 2017 12 Calls
UVXY (Weekly) Jan 13 2017 12.5 Calls
UVXY (Weekly) Jan 13 2017 13 Calls
— Assignments —
UVXY (Weekly) Jan 13 2017 6.5 Puts
UVXY (Weekly) Jan 13 2017 9 Puts
UVXY (Weekly) Jan 13 2017 9.5 Puts
Off topic
Have a nice long weekend to everyone.
$SVXY #ShortCalls – after the…
$SVXY #ShortCalls – after the bell, Bought to close 1 SVXY Jan 13 2017 107.0 Call @ 0.31 to avoid assignment
Originally sold at 1.50 on 1/09/17
SPX condor roll
#SPXcampaign #CondorRoll To replace the $SPXPM call spread closed this morning:
Sold to Open $SPX July 27th 2280/2305 call spreads for 7.40
Sold to Open $SPX July 27th 2235/2210 put spreads for 1.75
The new phone books are here!
I keep thinking of that scene from Steve Martin’s “The Jerk”… because the new UVXY options are here! I’m following some of you knuckleheads on these short termers:
STO UVXY Feb 3rd 40 calls for 1.45
STO UVXY Jan 20th 37 calls for .39
Okay, now I’m somebody.
REGN strangle
#ShortStrangles #Rolling #Earnings
Selling this to replace one expiring today. This expires just before earnings.
STO $REGN Feb 3rd 340/400 strangle for 5.60
Options Bistro 