#spxcampaign
Closed Early
$SPX BTC 7/14 2510/2385 BECS @ 1.50 STO 6/13 @ 1.80
Daily Archives: Tuesday, June 20, 2017
REGN
STO 1 contract, September 15, 425 put @ 7.70
AAOI puts
STO Jul 21 50 P at 1.00
ADBE earnings
#Earnings Thanks to @matt0311 for pointing this one out… I had missed it on my scan…
Sold to Open $ADBE June 23rd 134/152.5 strangles for 1.50, with ADBE at 141.25. Over last 12 quarters, its 1-day moves: Biggest UP move: 9.0%, Biggest DOWN move: -5.7%, Average move: 4.5%. My strikes are +8.0% and -5.1% OTM. Trade has a bullish bias based on historical move bias of +1.5% as well as trend in tech last few days, bouncing off mini-correction.
#earningstrade $ADBE releasing after close….
#earningstrade $ADBE releasing after close. average down moves have bee just about 3.5% with a max down of 9%. Up Moves were similar. looking to sto a strangle 132/150 exp 6/23
EWZ
#RiskReduction #ShortStrangles – It’s been a pretty good ticker this year so not gonna press my luck with the weakness today. Keeping my long term position in the #IRA but closing the nearer term strangles for small profit.
Bought to Close EWZ JUL 21 2017 31.0/37.0 Strangles @ .67 (sold for .82)
CMG
Nice #FallingKnife candidate today….I’m already in a position so not adding here.
#vxx game Rolled this week…
#vxx game
Rolled this week SVXY 125 puts to next week for credit of 0.56. Sold for 1.09 on the little vix spike last week.
#optionladder Rolled this week SVXY…
#optionladder
Rolled this week SVXY 115 puts to Jul 14 for 1.18 credit. Originally sold 2 weeks ago for 1.24.
$RRC #ShortPuts #OptionLadder – Sold…
$RRC #ShortPuts #OptionLadder – Sold 1 RRC DEC 15 2017 19.0 Put @ 1.40 with the stock at 21.91.
This replaces the RRC Jun 16 2017 24.0 Put I covered at 0.50 on Friday to avoid assignment.
$MYL #ShortCalls – Bought to…
$MYL #ShortCalls – Bought to close MYL JUL 21 2017 45.0 Calls @ 0.01. They won’t trade any lower and still have 31 days until expiration.
Originally sold on 3/9/2017 @ 2.89.
Still short a partial #OptionLadder with Oct 47.50 and Jan 50 Calls.
SVXY
#ShortPuts – Adding to the top of the ladder…margin free against short calls that start at 225.
Sold 1 SVXY JAN 19 2018 85.0 Put @ 4.60
#optionladder STO Jul 28 WDC…
STO Jul 28 WDC 80 puts at 1.5
New highs in DRIP as…
New highs in DRIP as oil continues its plunge
SPX trades
#SPXcampaign Sold to Open $SPX July 20th (monthlys) 2360/2335 put spreads for 1.55.
#ITMroll This is to make up for the 1.80 debit in yesterday’s roll:
Sold to Open July 3rd 2410/2385 put spreads for 1.85
GM – Economic Data
8:30am EST Current Account – street sees -124B
3:00pm EST FOMC Member Kaplan Speaks
Earnings before Open
FANG HOLDINGS (SFUN) – consensus EPS -0.02
LENNAR CORP –A (LEN) – consensus EPS 0.78
Earnings After Markets Close
ADOBE SYSTEMS (ADBE) – consensus EPS 0.77
FEDEX CORP (FDX) – consensus EPS 3.89
LA-Z-BOY INC (LZB) – consensus EPS 0.46
RED HAT INC (RHT) – consensus EPS 0.34
VERITONE INC (VERI) – consensus EPS -4.16
Options Bistro 