#Earnings #Short Puts # Closed…

#Earnings #Short Puts # Closed Early # Expiration

#earnings
$EXPE 4/28 126/146 Strangle @ 1.06 Thank you @jeffcp66 Stock down to 134 after hours. So far so good.
$BIDU 5/19 165/170/205/200 IC @ 1.20 (OMM Trade) Stock down to 179.50 after hours. So far so good.

Trade
#shortputs
$AAL STO 5/12 42.50 put @ .49 Thank you @honkhonk81 via Bridget @ OMM

Closed Early
Half smart or more likely prudent
$GOOGL STC 5/19 850 call @ 30.80 Bought 4/18 for 22.30. Did keep a GOOGL long call through earnings. Is a YIPEE in order?

Expired
#spxcampaign
$SPX 4/26 2410/2385 BECS at a 55 cent per contract loss.

#VIX – some interesting charts…

#VIX – some interesting charts in this article –
http://www.zerohedge.com/news/2017-04-27/vix-crush-saves-stocks-crude-drops-gdp-flops-us-credit-risk-pops

20170427_EOD10_0

$VIX #VXXGame – the VIX…

$VIX #VXXGame – the VIX is a 10.37 and is right at near term support. I know it can stay low for extended periods of time but this is the area where it has bounced from in the past.
Looking out a few weeks I would expect another bounce to the 12 area. That is where I start selling volatility again.
For now I’m letting old positions roll off via expiration or covering longer term positions if they continue to decay toward minimum value.

$UVXY #ShortCalls – Bought to…

$UVXY #ShortCalls – Bought to close UVXY3 JUN 16 2017 35.0 Calls @ 0.01. They won’t trade any lower.
These were the pre-split contracts.
Originally sold on 12/30/2016 @ 0.96. Out 50 days before expiration.
 

#earningstrade BIDU May 19 IC…

#earningstrade BIDU
May 19 IC 165/175/200/210, BIDU is at 187, received 2.44

$X #ShortPuts #FallingKnife – Sold…

$X #ShortPuts #FallingKnife – Sold 1 X OCT 20 2017 18.0 Put @ 1.26

$NUGT #ShortPuts – getting a…

$NUGT #ShortPuts – getting a few of these done today
Sold NUGT MAY 19 2017 7.0 Puts @ 0.45
Sold NUGT MAY 26 2017 6.5 Puts @ 0.29
Sold NUGT JUN 2 2017 6.5 Puts @ 0.36

$MCK #ShortPuts – Bought to…

$MCK #ShortPuts – Bought to close 1 MCK MAY 19 2017 110.0 Put @ 0.05. It won’t trade any lower.
Originally a #FallingKnife trade that was sold at 1.55 on 1/27. Out of the trade almost month early.

$TRIP #ShortCalls – Sold TRIP…

$TRIP #ShortCalls – Sold TRIP May 19 2017 52.5 Calls @ 0.35 with the stock at 45.15.
These are paired off against old #FallingKnife Puts from 40 down to 35

$DUST #ShortCalls – sold a…

$DUST #ShortCalls – sold a few more today
Sold DUST May 19 2017  45.0 Calls @ 0.75
Sold DUST Jun 02 2017  49.0  Calls @ 0.90

falling knife over trade

STO 3 next week GILD 66.5 puts at 0.65. Looks like it found a bottom at 66 and my dynamic trend wave indicator (one of the few tools I bought) is on a 4 hour buy signal which is usually good for a 1 week trade.

AMZN iron butterfly

#Earnings My order is in to sell $AMZN Apr 28th 890/920/950 IB for 25.00. Will consider lowering my ask if no fill by 3:30 ET.

#ironbutterfly

CMG earnings (and others)

#Earnings BTC $CMG 520 calls for .05. Sold strangles for 2.50, all closed now for .10 total.
$FFIV hovering around my short 126 puts. Will hold until tomorrow
$DPZ up as needed; order in to close for .05, with May 19th expiry
$PEP still needs a lift toward 115 to be profitable. Yesterday closed the 115 short calls for .05.
$ANTM needs to drop below 173.50… not too likely

#earningstrade #rollof the dice SBUX…

#earningstrade #rollof the dice SBUX
Bought a long straddle (hey-Jeff and I and probably others went long on SPX yesterday), May 19 55/66 for .18, will need more than a 10% move over 3 weeks to be profitable.

EXPE earnings

#Earnings Sold to Open $EXPE Apr 28th 126/146 strangles for 1.05. Over last 12 earnings, Biggest UP move: 12.9%, Biggest DOWN move: -11.5%, Average move: 6.6%. These strikes are -7.7% and +7.0% OTM. I’m playing inside its max moves, but its more recent reports have been milder.

SVXY, AAL

STO June 16, 105 puts @ 2.23 Taking one for the team.

AAL, STO August 35 puts @.63

ZBH

STO December 95 puts @1.60

SRPT earnings

#Earnings Sold to Open $SRPT Apr 28th 31.5/38.5 strangles for 1.75. Over last 12 earnings, Biggest UP move: 7.2%, Biggest DOWN move: -9.3%, Average move: 5.6%. These strikes are -10.5% and +9.4% OTM.

Biotech stocks can be wily, so trade carefully. This one, however, does not typically have huge earnings moves.

AMZN earnings

#Earnings Tough call here… it has run so hard and strong hard to believe it will =go too much higher on the report, even though I think it will break 1,000 later this year. At same time, will it really take a dip on earnings, like last quarter?

I’m considering another wide butterfly, like @fuzzballl‘s idea last quarter. It took stock assignment and an extra week but worked in the end.

Thoughts out there?

Bunch of trades

Rolled AAL 41.5 puts this week to May 12 for .81 credit
BTC IWM 135 puts this week for 0.02 sold for .77
STO EXPE May 129 May puts for 1.25
Rolled EXPE this week 125 puts to May 5 129 puts for 0.78 credit (market makers being greedy with earnings this week)
These are all retirement accounts so small size but still $1225 profit for the week and I will take it.

Vix is too low to sell indexes so sticking with individual names with better volatility and premiums. Apparently the markets only go up anymore.

SVXY

BTC April 28,  85 puts @.01, I forgot I had the order in good til canceled.

DUST new weeklies

Sold $DUST Jun 9 47 calls @ 1.20. Highest strike.

Earnings before Open

AU Optonics (AUO) – consensus EPS $0.21
AbbVie (ABBV) – consensus EPS $1.26
Alexion Pharma (ALXN) – consensus EPS $1.23
Ally Financial (ALLY) – consensus EPS $0.49
American Airlines (AAL) – consensus EPS $0.55
American Electric Power (AEP) – consensus EPS $0.98
American Tower (AMT) – consensus EPS $0.64
AstraZeneca (AZN) – consensus EPS N/A
Bristol-Myers Squibb (BMY) – consensus EPS $0.74
Brunswick (BC) – consensus EPS $0.82
CBRE Group (CBG) – consensus EPS $0.34
Celgene (CELG) – consensus EPS $1.64
Cliffs Natural Resources (CLF) – consensus EPS $0.15
Comcast (CMCSA) – consensus EPS $0.44
Dow Chemical (DOW) – consensus EPS $0.98
Ford Motor (F) – consensus EPS $0.36
Johnson Controls (JCI) – consensus EPS $0.49
L-3 Communications (LLL) – consensus EPS $1.81
MGM Resorts (MGM) – consensus EPS $0.29
Marathon Petroleum (MPC) – consensus EPS -$0.03
Nokia (NOK) – consensus EPS $0.03
Raytheon (RTN) – consensus EPS $1.61
Sirius XM (SIRI) – consensus EPS $0.04
Southwest Airlines (LUV) – consensus EPS $0.63
UPS (UPS) – consensus EPS $1.29
USG Corp. (USG) – consensus EPS $0.45
Under Armour (UA) – consensus EPS -$0.04
Xcel Energy (XEL) – consensus EPS N/A
Zimmer Biomet Holdings (ZBH) – consensus EPS $2.11

Earnings After Markets Close
Aflac (AFL) – consensus EPS $1.62
Alphabet (GOOG) – consensus EPS $7.40
Amazon.com (AMZN) – consensus EPS $1.13
Baidu.com (BIDU) – consensus EPS $0.86
Expedia (EXPE) – consensus EPS $0.07
FirstEnergy (FE) – consensus EPS $0.75
GoPro (GPRO) – consensus EPS -$0.44
Intel (INTC) – consensus EPS $0.65
Microsoft (MSFT) – consensus EPS $0.70
Mohawk Industries (MHK) – consensus EPS $2.71
Principal Financial Group (PFG) – consensus EPS $1.16
Starbucks Coffee (SBUX) – consensus EPS $0.45
Western Digital (WDC) – consensus EPS $2.13