#Short Puts
$WYNN STO 7/28 133 puts @ 3.50 Thank you @fuzzballl
Daily Archives: Friday, July 21, 2017
SPX trades
#SPXcampaign
Closed $SPX July 28th 2430/2455 call spreads for 22.40. Sold last week for 19.00.
#ITMroll to SPX Aug 4th 2435/2460 call spreads for 21.05.
#RiskReversal Bought SPX July 31st 2490/2510 call spreads for 1.65
Sold July 31st 2450/2425 put spreads for 2.00
Stopped: Closed July 28th 2480/2505 call spreads for 3.55. Sold for 1.30 on June 29th. This is one of those that will explode to 10.00 if we get any rally next week. I will roll to a much safer position on Monday.
Expirations Not Pretty But Profitable
$AET 150/155 BUCS$FB 148/152.50 BUCS
$AMZN 950/960 BUPS
$MOMO 30/35 BUPS
$BABA 125/130 BUPS
$TSLA 310/320 BUPS
$SPX 2335/2360 BUPS
$TSLA 280/290 BUPS
$NFLX 140/145 BUPS
$FB 150/155 BUPS
$FB 148/152.50
$GS 200/215 BUPS
$BABA 139/145 BUPS
$NVDA 135/140 BUPS
$NFLX 143/148 BUPS
$PII 80/85/105/100 IC Earnings Trade Thanks @jeffcp66
$NKE 62.50/60 BECS
$NTES 325 Call
$WRK 55 put Thank you @jsd501
$WYNN 125 Put
$SVXY 124 put Thank you @jdietz1954
$EXAS 32 put
$AAOI 50 put
$SVXY 130 Put
$MDSO 75 Put Earnings Trade Thank you @jeffcp66
Expired With Losses
$SRPT 28/31/39.36.50 IC Earnings Trade
$JNJ 130/132/135/133 IC Earnings Trade (Not full profit BECS was a loss and led to minimal loss for IC in toto) Is that a small dog?
$UAL 77.50/80 BUCS (Total Loss)
$COST 160/165 BUPS (Total Loss)
$TSLA 345/350 BUPS (Total Loss)
$BABA 155/150 BECS (Total Loss)
$ULTA 260/270 BUPS (Total Loss)
$AAPL 155 Call
BAC 24 Call
Have a restful wonderful weekend.
Options Expiration 7/21/17
#OptionsExpiration #Earnings Decent start to earnings season, but a mistake with SRPT, where my position size was bigger than my normal risk level, so that loss significantly lowered the earnings profits for the week. I’m sticking with half the trade via assignment. Small losses with JNJ and UAL, but wins with FIZZ, NFLX, V, ISRG, MDSO, IBM, and PII.
— Expiring w/Max profit —
DRIP 28 calls
DUST 42 calls
ISRG 900/875 put spreads
NFLX 155/152.5 put spreads
NFLX 160/157.5 put spreads
PANW 130 put
PII 80/85/100/105 condors
— Assignments —
PANW 135 call, releasing my last batch of stock, now flat. Earnings trade entered Feb 28th, assigned stock, dipped as low as 107.31, then recovered to get me out. Made double the originally intended profit in 21 weeks (rather than the originally intended 1 week).
SRPT 39.5 calls, assigned short stock, cost basis 41.10 (half of position)
— Expiring with losses —
JNJ 130/132/133/135 condors, sold for 1.39 on Monday, loss .66
SRPT 28/31/36.5/39.5 condors, sold for .70, loss 2.30 (half of position)
UAL 78/80/82 call butterfly, loss of .40
Have a nice weekend
SVXY, late fill
STO August 18, 90 puts @3.95Against my August 18, 40/90 strangle.
#OptionsExpiration for 7/21 Expirations: $AMZN…
#OptionsExpiration for 7/21
Expirations:
$AMZN Jul 21 960 puts
$AMZN Jul 21 915 puts
$DRIP Jul 21 28 calls
$DRIP Jul 21 30 calls
$NFLX Jul 21 190 calls
$NFLX Jul 21 195 calls
$NVDA Jul 21 170 calls
$NVDA Jul 21 140 puts
$QQQ Jul 21 134.50 puts
$QQQ Jul 21 135.00 puts
$SVXY Jul 21 45 puts
$SVXY Jul 21 72.50 puts
$TSLA Jul 21 290 puts
$UAA Jul 21 25 calls (covered)
$ULTA Jul 21 260 calls
$UNH Jul 21 177.50 puts (covered)
$UVXY1 Jul 21 32 calls (pre-split)
Assignments:
$HD Jul 21 155 puts (covered)—will eliminate short stock position
Have a great weekend everyone.
#OptionExpiration
July 21st
Expiring
$SVXY #ShortPuts Pre-split strikes
100, 110, 117, 124, 130
$EXAS July 21st 32 Put
No assignments
Have a great weekend all
Stay cool.
$VIX – at 9.30 -…
$VIX – at 9.30 – geesh 😦
Expirations
In the IRA: SVXY
45 puts
47.5 puts
In the trading account:
SVXY
40puts, 41 puts,41.5 puts,42 puts,42.5 puts,45 puts,47.5 puts, 62.5 puts, 65 puts,67.5 puts.
QCOM 45 puts
HOS 3 covered calls
OptionsExpiration
Light week again as there just hasn’t been opportunities to sell volatility.
SVXY $41 puts
SVXY $42.5 puts
SVXY $60 puts
UVXY 25/100 $32 calls
Visa and SRPT earnings
#Earnings Sold to Close remaining $V July 21st #BrokenWingButterfly. Bought for 1.68, closed for 3.52 avg, so 1.84 profit.
Sold to close half of my SRPT July 21st 39.5 long calls for 3.90. This will assign me short shares at 41.10 cost basis. Taking max loss on the other half of the 36.5/39.5 call spread, as I don’t want to strain my margin by taking too large a short stock position.
$NBR #ShortPuts – Bought to…
$NBR #ShortPuts – Bought to close NBR Jul 21 2017 Puts @ 0.33 to avoid assignment tonight.
Originally sold at 0.57.
New all time highs in SVXY
#VXXGame Closed my other SVXY July 21st 85 call for 5.65. Wish I’d dumped them both this morning. This thing is flying and VIX approaching new decades-low as SPX is fairly stagnant.
$GWW #SHortPuts – Bought to…
$GWW #ShortPuts #FallingKnife – Bought to close 1 GWW Jul 21 2017 165.0 Put @ 0.35 to avoid assignment tonight.
Originally sold on 04/19/2017 at 1.40 so I still cleared a point profit.
No comments today or I…
No comments today or I do not see them?
$NFLX #ShortCalls – Bought to…
$NFLX #ShortCalls – Bought to close 2 NFLX Jul 21 2017 190.0 Calls @ 0.01 versus a sale at 0.53 a couple of days ago.
I’m letting the one I sold @ 1.06 expire as planned.
TSLA
#ShortCalls -Selling against a long term bull put spread. Replacing this week’s expiring 335 call and staying in the week before earnings…
Sold TSLA JUL 28 2017 342.5 Call @ 2.10
SVXY stock
#CoveredCalls – Instead of paying the exercise fee I’m saving a few bucks by closing these now…
Sold SVXY stock covered by 77.50 calls @ 77.49 (basis of 75.25)
Sold SVXY stock covered by 70.00 calls @ 69.96 (basis of 65.45)
Closing $SWIR
To avoid assignment today if the stock closes below 30.
Bought to close $SWIR Jul 21 30 puts @ .45. Sold for 1.60 on 6/19.
$VIX – The overnight VIX…
$VIX – The overnight VIX got to within 2 cents of the low for the year.
Not a time to be aggressively selling SVXY Puts IMHO.
Of course, our government is humming along like a well oiled machine, the Fed has our back and has the economy soaring, and the world is at peace.
What could possibly go wrong 🙂
ISRG
#CoveredCalls – Still working this from last earnings. Took the stock and going the covered call route…this gets the call up to about breakeven on the stock.
Rolled ISRG JUL 21 2017 890.0 Call to AUG 18 2017 895.0 Call @ 2.30 credit
$UVXY
Made a couple more short term trades.
STO Aug 4 $44.5 calls @ $.50
STO Aug 11 $60 calls @ $.40
STO Aug 18 $65 calls @ $.60
AAOI
#ShortPuts – This was an #Earnings play but with the big run up I’m gonna book it too. Hopefully we get a weak day before earnings to sell something else…
Bought to Close AAOI AUG 4 2017 65.0 Puts @ 1.10 (sold for 2.25)
WYNN
#ShortStrangles – #Earnings next week….
Bought to Close WYNN JUL 21 2017 133.0 Puts @ .10 (sold for 3.25)
Sold WYNN JUL 28 2017 133.0 Put @ 3.30
Sold WYNN JUL 28 2017 134.0 Put @ 3.81
Sold WYNN JUL 28 2017 135.0 Put @ 4.29
Selling aggressively against Dec 120 ITM calls. Been in this thing for a year now and love it. Good premium and easy to roll.
UVXY
#VXXGame #BearCallSpreads #IRA – Added a few…
Sold UVXY JAN 18 2019 10.0/25.0 Bear Call Spreads @ 5.34
URI
#Earnings #ShortStrangles #BullPutSpreads – Closed this the day of the announcement whenever that was…
Bought to Close URI JUL 21 2017 114.0/128.0 Strangle @ .45 (sold for 2.45)
Bought to Close URI JUL 21 2017 120.0/115.0 Bull Put Spread @ .33 (sold for 2.25)
REGN
#ShortPuts – Fat finger yesterday from phone while waiting on a gate. Lesson learned…air traffic controllers are a distraction to trading! 🙂 🙂
Bought to Close REGN JUL 28 2017 475.0 Put @ .66 (sold for 3.10)
TRTN
#ShortPuts STO $TRTN Aug 18 35 put (ITM) @ 1.90, shares @ 34.87 IRA acct. Remain bullish on this one, BTC Jul 21 35 covered call on Jul 17, made 20 bucks, to prevent being called away today as shares climbed to new high of 35.13. Earnings dice will roll on Aug 10…
$UVXY $SVXY
STO $UVXY Jul 28 $37.5 calls @ $.47
STO $SVXY Jul 28 $80 puts @ $.46
$CMG #ShortPuts – Sold 1…
$CMG #ShortPuts – Sold 1 CMG Aug 4 2017 300.0 Put @ 1.70 with the stock at 348.64.
This expires in 2 weeks, after earnings.
All of the current bad news flow happened after the end of the quarter so I don’t expect a 50 point drop on next week’s earnings.
And it could always be rolled out if necessary.
#SPXcampaign BTC SPX 7 AUG…
#SPXcampaign BTC SPX 7 AUG 17 2330/2230 BuPS @.65 sold on 7/6/2017 for 5.25
CMG
#ShortCalls – I’m going to be selling calls against a DITM put for a long time. Glad I stayed small!
Bought to Close CMG JUL 21 2017 410.0 Calls @ .05 (sold for 2.80)
Sold CMG JUL 28 2017 380.0 Call @ 7.00
***A lot of these trades were from earlier in the week at various times..
GLD
#PerpetualRollingStrangles – Another roll going out a month this time…
Rolled GLD JUL 21 2017 121.0 Puts to AUG 18 2017 121.0 Puts @ .31 credit
AAOI
#BullPutSpreads – This got profitable so quickly I feel like I’ve gotta take some off. Missed my best chance yesterday on the spike up but I’ll take it.
Bought to Close AAOI JUL 28 2017 90.0/80.0 Bull Put Spreads @ 3.25 (sold for 6.25)
#OffTopic -Barely getting online through phone tethering but hanging in there. Plug and outlet on motorhome melted (no fire thankfully) and plug is getting repaired today. Crazy night up at 2am changing out the cord…LOL Just another day in paradise! I’ll be catching up on my postings at some point…
$ALXN #ShortPuts – Bought to…
$ALXN #ShortPuts – Bought to close 1 ALXN Aug 18 2017 85.0 Put @ 0.05. It won’t trade any lower and I’m out a month early.
Originally sold on 03/14/2017 at 1.40
SPX puts sold
#SPXcampaign Sold to Open $SPX Aug 2nd 2450/2425 put spreads for 3.40. Extra spread as a roll from stopped call spreads.
SVXY calls
#VXXGame Wednesday, BTC SVXY July 21st 87.5 calls for 2.82. Sold as 170 call for 175 call for 3.00 on June 16th. Since I now had two options from the split, had to pay 2.82 x 2, so loss on the trade.
Today: BTC (1) SVXY July 21st 85 call for 4.66. Sold as the 170 call for 4.80 on June 16th. Another loss; waiting to close the other one before the close.
Visa trade, partial closed
#Earnings #BrokenWingButterfly Sold to close one of my lots for 3.26 (legged out). Watching the rest. 96/100/102 call BWBF bought yesterday for 1.68.
SVXY, VXX game
I have some expiring today so I am replacing some of them.
SVXY STO August 25, 60 puts @ .60
SVXY STO august 11, 72.5 puts @ .75
SVXY STO August 11, 73.5 puts @.85
SVXY STO August 11, 75 puts @.95
FIZZ a wild one
#Earnings After it peaked above 110 yesterday and I dumped my 103.5 shorts for .15 and taking a nice profit on this earnings trade, it just opened with a spike down to 101.00. Was able to sell one of my long 100 puts for .40. Pretty volatile stock, intraday. Might be worth watching for options trades.
$UVXY
New higher strikes available on the weeklies this morning.
Economic Data
No economic data out today
Earnings before Open
AUTOLIV INC (ALV) – consensus 1.48
CITIZENS FIN GP (CFG) – consensus 0.59
COLGATE PALMOLI (CL) – consensus 0.72
ENCANA CORP (ECA) – consensus 0.04
FIFTH THIRD BK (FITB) – consensus 0.42
GENL ELECTRIC (GE) – consensus 0.25
HONEYWELL INTL (HON) – consensus 1.78
KANSAS CITY SOU (KSU) – consensus 1.26
MOBILE MINI INC (MINI) – consensus 0.26
MOODYS CORP (MCO) – consensus 1.33
NVR INC (NVR) – consensus 28.63
REGIONS FINL CP (RF) – consensus 0.24
SCHLUMBERGER LT (SLB) – consensus 0.30
SUNTRUST BKS (STI) – consensus 0.98
WEBSTER FINL CP (WBS) – consensus 0.60
Earnings After Markets Close
No after-market earnings today
Options Bistro 