Today’s Trades

#shortcalls
$NTES STO 8/18/330 call @ 4.60 Sold against September 280 call
#shortputs
$MOMO STO 8/11 42 puts @ 1.20 Thank you @jdietz1954
#longcalls
$VEEV STO 8/18 65/70 BUCS @ 2.00 Trade from Bridget OMM

After a week on vacation,…

After a week on vacation, had some trades that needed to be cleared out.
Because of trading I look forward to Mondays. At least I didn’t have any trading withdrawal symptoms while on vacation.
Your posts kept me updated on the market, thanks.
BTC SWKS July 28 95 puts at 0.05, originally sold for 1.25
BTC XBI July 28 76.5 puts at 0.12, originally sold for 1.02
Also the August 4, August 11, and August 18 XBI 76, 73, and 72 puts for 0.19, 0.17, and 0.21 and had all been sold for over 1.00. Did this mostly to free up some margin so I could go big on the WDC trade as somewhat of an earnings play, report on July 27.
Sold to open the July 28 WDC 90.5 puts at 1.04. I probably will not set up another ladder, the premiums seem to be high enough to sell weekly’s for a while. Once the premiums drop would reestablish a ladder.
Also sold to open XBI September 1, 77 puts at 1.10.
Because the market was up last week and I had a lot of theta decay I made more money on vacation that I would have made at work, that is always fun!
Looking at some other names that still have good premium despite the low volatility and will post those later in the week.

CAT Earnings

#earnings July 28 follow from TT 104/108/108/112 for 2.77

GOOGL Earnings

#earnings #ironcondor followed from TT
July 28 930/932.50/1020/1025 for 1.41

#shortputs APRN Sold Aug. 18…

#shortputs APRN Sold Aug. 18 7 put for .80.

GOOGL earnings

#Earnings Sold to open $GOOGL July 28th 980/1000/1020 #IronButterfly for 17.50. Leans bullish for a PIN at 1,000. Profit zone between -1.3% and +2.3% OTM, when stock is at 995.00. I sold 2, so max loss $500, max gain $3,500.

HCA earnings

#Earnings Pretty straightforward… Very small moves on earnings. I’m selling options that are fairly close to the money, and yet still outside it’s 12-quarter earnings move range. Biggest UP move: 2.2%, Biggest DOWN move: -2.6%, Average move: 1.1% . These strikes are 2.9% OTM.

Sold to Open $HCA July 28th 83.5/88.5 strangles for 1.20.