#shortputs
$SWIR STO 8/18/30 puts @ 2.15
#shortcalls
$NFLX STO 8/4/2017200/190 BECS @ 1.90
Daily Archives: Thursday, July 20, 2017
SPX chart and VIX Indicator…
SPX chart and VIX Indicator have been updated
NVDA ITM put
#Earnings #Rolling #ReverseRoll
After flipping to being mostly long from my busted short calls last quarter, I just closed the
$NVDA July 21st 175 put for 7.68 to avoid possible early assignment overnight. This was sold for 21.75 on June 9th (inside the 175/145 put spread for 17.00).
I would like to continue playing this one long so I will look for the next pullback to replace it.
Also, BTC NVDA July 21st 160 put for .06, just to be safe. Sold for 10.50 on June 8th.
$TRIP #ShortPuts #FallingKnife – Bought…
$TRIP #ShortPuts #FallingKnife – Bought to close 1 TRIP Jul 21 2017 38.0 Put @ 0.05 to avoid possible assignment tomorrow. The stock is falling hard today.
Originally sold on 05/26/2017 at 1.35.
$CMG #FallingKnife Sold $CMG Jan…
$CMG #FallingKnife
Sold $CMG Jan 19 2018 275 put @ 5.70.
Adding to a put ladder which is now Aug 355, Dec 350, Jan 275
SPX trades
#SPXcampaign Bought to close $SPX July 20th 2450/2425 put spreads for .15. Sold for 6.80 last week. Can’t leave it to expire due to Friday morning settlement on monthly options.
STOPPED: Bought to close $SPX July 24th 2465/2490 call spreads for 10.00. Sold last week as part of a #CondorRoll for 5.50.
Partial Roll: Sold July 28th 2465/2440 put spreads for 3.70.
Visa broken-wing
#Earnings #BrokenWingButterfly
Bought to open $V July 21st 96/100/102 BWBF for 1.68. This buy 1×96 call, sell 2×100 calls, and buy 1×102. The trade has bullish bias… top profit of 2.32 if it ends Friday at 100. Minimum profit of .32 no matter how high it goes. Max loss 1.68 below 96.00.
Visa has a bullish chart with high open interest at 100.
Biggest UP move: 10.2%, Biggest DOWN move: -3.6%, Average move: 3.4%. Top profit is at +1.6%.
FIZZ earnings closed
#Earnings Bought to close $FIZZ July 21st 103.5 puts for .15. Sold in the 103.5/100 put spreads for 1.25 on July 12th. Rode through a dip below 95 before recovering. Good thing I had 7 days in the trade!
GWW
STO December 140 put @ 2.90 with the stock at 1.65.50
Hey Y’all – yes, I’m…
Hey Y’all – yes, I’m a southerner & speak fluent southern. Check out AAOI.
Sorry that I have not…
Sorry that I have not posted news & earnings today but my email on my MAC got messed up by me and it is hanging up all other apps.
$NUGT #CoveredCalls – NUGT is…
$NUGT #CoveredCalls – NUGT is running so I rolled up my covered calls at a profit
Bought to close NUGT Jul 21 2017 32.5 Calls/ Sold NUGT Jul 28 2017 34.0 Calls @ 0.25 Credit
SPX reverse roll
#SPXcampaign #ReverseRoll Switched an ITM call spread for an ITM put spread:
Bought to close $SPX July 31st 2475/2500 call spreads for 9.50. Sold for 5.70 last Friday.
Sold to Open SPX July 31st 2485/2460 put spreads for 9.60.
Also, closed on GTC order: Aug 4th 2330/2305 put spreads for .20. Sold for 1.35 on July 7th.
SPX needed pullback
#Market #SPXcampaign Don’t let today’s pullback fool you… I believe we are still going higher in next couple weeks at least. If you agree, be sure to use this pullback to release pressure from call spreads and sell some aggressive put spreads. Don’t go overboard, but don’t miss the opportunity to shift weight from short-the-market to long.
$DVN #ShortPuts #FallingKnife – Sold…
$DVN #ShortPuts #FallingKnife – Sold DVN Jan 19 2018 27.5 Put @ 1.33 with the stock at 32.62
ISRG earnings
#Earnings Sold to Open $ISRG July 21st 900/875 put spreads for 1.15. Not a great risk/reward, but high probability given its mostly minor moves down on earnings, highly bullish chart and sector.
Over last 12 earnings, Biggest UP move: 17.7%, Biggest DOWN move: -5.6%, Average move: 5.7%. This trade is -6.7% OTM.
EDIT: you might be able to get more for this… bid/ask spreads very wide but I was filled immediately on mid price. Try for more premium and back your way down until filled.
$CHRW #ShortPuts #FallingKnife – Sold…
$CHRW #ShortPuts #FallingKnife – Sold CHRW Jan 19 2018 55.0 Put @ 1.55 with the stock at 64.76
$UVXY
Bought stock at $30.50 to close out short. Started climbing higher so just closed out. Actually made a little money on the whole thing.
$UVXY
STO Jan’19 $5 call @ $25.44, replacing the call that got exercised.
$DUST #ShortPuts #Rolldown –the last…
$DUST #ShortPuts #Rolldown –the last rolls on profitable DUST put positions for this week.
Bought to Close DUST JUL 21 2017 36.0 Puts /Sold DUST AUG 18 2017 35.0 Puts @ 0.19 Credit
Earnings update
#Earnings $PII looking good but $SRPT setting up for its biggest UP ever on earnings… currently outside my condor. Someone tame this thing.
$UVXY
I missed that I had this position close on Tuesday.
BTC UVXY Sept 15 25/100 $60 calls @ $.05, sold for $4.00
Also, I had one of my Jan ’19 $5 short calls get executed last night, sold yesterday. So today I will try to sell another one to match up with the long $10 call or will need to close down a $10 call. I’m now short 100 shares of something that is very hard to borrow. How do I find out what the carrying cost is of being short these things?
Options Bistro 