#Earnings – Out all day so just stuck an order in to get out at breakeven. Filled pretty quickly…
Bought to Close GOOGL 980/1000/1020 iron fly @ 17.75 (sold for 17.75)
Daily Archives: Tuesday, July 25, 2017
SPX chart and VIX Indicator have been updated
Second lowest intraday VIX low in history with 9.04 this morning.
Click “Home/REFRESH” above to update right-column features.
Snapped off a bunch of…
Snapped off a bunch of trades at lunch but did not have time to post until now.
BTC
SVXY 7/28 50, 62.5, and 55 puts at 0.03, 0.03, and 0.05. All sold for 1.10 or higher pre split
SVXY 8/4 57.5, 62.5 puts at 0.1, 0.11, and 0.12. All sold for 1.10 or higher pre split
SVXY 8/11 52.5 puts at 0.35 and sold for 1.25 pre split. This was to release a little margin.
STO
WDC 7/28 puts 90 at 1, 0.97, 0.92, and 0.91. (each drop was the time it took to change between accounts) That is some fierce time decay!
The WDC trades are earnings play but will probably roll back into ladders next week and if they go ITM easy to roll this one down a point or 2 each week. Strong support at 86 if it breaches so could also convert to covered calls.
For those interested you can get better return this week on WDC with ITM covered calls. At lunch the 90 CC was trading for 88.21 so good return if called out. I was in a hurry so just hit the put button but could get better return with ITM cc and so skewing to upside despite the drop this morning.
SPX fill after the bell
#SPXcampaign Sold to Open $SPX Aug 25th 2395/2370 put spreads for 1.35.
SVXY, taking one for the team
STO August 4, 92.5 puts @ 2.30
Closed Earnings Trade Early $GOOGL
#earnings
Closed Call Side Early
$GOOGL BTC 7/28 1017.50/1007.50 @ .10 STO yesterday @ 3.74.
BA earnings
#Earnings Sold to open $BA July 28th 215/210 put spreads for 2.50. Finally filled after waiting all day so I could get the 1:1 trade. Bullish trade. Over last 12 quarters, Biggest UP move: 5.4%, Biggest DOWN move: -8.9%, Average move: 3.2%. This trade needs a 1.8% move up for max profit; 0.9% down is breakeven.
$SVXY #ShortCalls – SOLD 1…
$SVXY #ShortCalls – SOLD 1 SVXY JAN 18 2019 165.0 CALL @ 5.70 with the stock at 92.47
SPX condor added
#SPXcampaign Sold $SPX Aug 7th 2425/2450/2500/2525 #IronCondor for 4.15.
https://www.youtube.com/watch?v=zhgpBQHXM74&feature=youtu.be BAC trade from option…
https://www.youtube.com/watch?v=zhgpBQHXM74&feature=youtu.be
BAC trade from option PRO
Post Earnings Trade $GOOGL
$GOOGL STO 8/18 940/960/1010/990 Iron Condor at 11.53 OMM Trade
Food For Thought on $BA
Interesting article with good track record on trade. Of course, past performance is ….
Boeing Company (The) (NYSE:BA) : Right After Earnings, The Intelligent Options Trade
Date Published: 2017-07-20
LEDE
This is a simple option trade that starts two-days after Boeing Company (The) (NYSE:BA) earnings and lasts for the one month to follow, that has been a winner for 3 straight years.
Boeing Company (The) (NYSE:BA) Earnings
While the mainstream media likes to focus on the actual earnings move for a stock, that’s the distraction when it comes to the option market.
For Boeing Company (The), irrespective of whether the earnings move was up or down, if we waited two-days after the stock move, and then sold a one-month out of the money put spread, the results were simply staggering. We use two-days to allow the stock to fully reach equilibrium post earnings.
We can examine this intelligent approach, objectively, with a custom option back-test. Here is our earnings set-up:
Rules
- Open short put spread 2-days after earnings
- Close short put spread 29 days later
- Use the 30-day options
RETURNS
If we sold this 30/10 delta out-of-the-money put spread in Boeing Company (The) (NYSE:BA) over the last three-years but only held it after earnings we get these results:
Intelligent Short Put Spread
- Monthly Options
- Back-test length: three-years
- Open 2-days After Earnings
- Close 29-days Later
- Holding Period: 28-Days per Earnings
Winning Trades:
10
Losing Trades:
2
Post-Earnings Short Put Spread Return:
103.8%
Annualized Return:
113%
We see a 103.8% return, testing this over the last 12 earnings dates in Boeing Company (The). That’s a total of just 336 days (28 days for each earnings date, over 12 earnings dates).
We can also see that this strategy hasn’t been a winner all the time, rather it has won 10 times and lost 2 times, for a 83% win-rate.
Earnings today
#Earnings Looking at an ATM put spread on $BA – bullish chart and bullish bias on earnings.
Can’t find a trade I like in $CMG, or anything that good on the rest.
Whadda you got?
SPX calls sold
#SPXcampaign Sold to Open $SPX Aug 25th 2525/2550 call spreads for 1.75, with SPX at 2480.
$GWW #CoveredCalls – Sold GWW…
$GWW #CoveredCalls – Sold GWW Oct 20 2017 190 Call @ 1.70 with the stock at 169.98.
Over-writing the long stock position a bit while creating an #OptionLadder in the calls to go along with a big October #OptionLadder in the Puts
$CMG is rallying this morning….
$CMG is rallying this morning. Nice to see it putting a bit more distance between the stock and my 300 strike price.
Earnings tonight.
$GWW #CoveredCalls – Sold GWW…
$GWW #CoveredCalls – Sold GWW SEP 15 2017 180.0 Calls @ 1.55 with the stock at 169.16.
The stock is rallying after a bad reaction to a good earnings report last week.
Plus there is going to be a 1.28 dividend with an approximate ex-date around Aug 4th.
I have what may be…
I have what may be a dumb question for TOS which is what I use. If you are looking at the trend of a stock, using 1 month & 10 month ema(s), is 10-month equivalent (same) to the 200-day ema?
VXX game, SVXY
STO January 2018, 45 puts @1.85
STO January 2018, 47.5 puts @ 2.15
I am trying to offset a lot of naked calls in January.
CAT puts
#Earnings #ShortPuts
Bought To Close $CAT Aug 18 100 puts @ .16, taking 90% at 24 DTE, STO Jun 1 @ 2.30. On good earnings report $CAT up almost 4.0%
$WDC
Have been writing covered calls on WDC since February. Had been rolling the 90C recently, but decided to get out of that position today on the dip, so closed all for about a 20.5% gain. Now just selling puts like @hcgdavis.
STO Aug 4 88 put for 1.20.
$MU
NVDA puts
$VIX #OMFG – Pre market…
$VIX #OMFG – Pre market VIX low at 9.04 – will we see an 8 handle???
Here are the earnings this week – I cannot take credit for this. I get an email from 1973HOG & I don’t even know who this is.
NOTE: There may be errors and omissions in this list. Please perform your own due diligence and confirm the earnings date BEFORE entering a trade.
+++++++++++++++++++++++++++
Notable Earnings After the Close Friday (Previous Week) or Before the Open on Monday:
ARNC, BOH, CALM, HAL, HAS, HLX, ITW, LII, MAN, OPB, PETS, PHG, RPM, SALT, SGMS, SWK, TCF, VFC
Notable Earnings After the Close, Monday or Before the Open on Tuesday:
ACC, ADC, AKS, APC, ATI, AVY, BIIB, CAT, CDNS, CE, CIT, CLB, CNC, CR, CVLT, DCIX, DD, DGX, DPZ, EDU, EQC, FCX, GM, GOOG, GPK, HCA, HUBB, HXL, IPG, JBLU, KMB, LECO, LLY, LOGI, LPT, LW, MCD, MDR, MMM, NEM, NEO, NORD, ONB, PCAR, PCH, PHM, PNR, POL, RE, RMBS, SANM, SIR, ST, STX, SVU, SWFT, TROW, TRU, UTX, WAB, WAT, WERN, WSO, WWD
Notable Earnings After the Close, Tuesday or Before the Open on Wednesday:
AABA, AKAM, AKR, ALK, AMD, AMGN, AMP, ANGI, ANTM, AOS, APH, BA, BABY, BANC, BAX, BCO, BGCP, BKU, BLMN, BPOP, BXMT, CB, CHGG, CLGX, CLS, CMG, CMRE, CNHI, CNI, CSL, DDR, DHI, DISH, DLB, DSX, DTE, EQR, ESRX, F, FCF, FLIR, FMBI, GD, GLW, HA, HES, HIW, HLT, HOPE, HSY, IART, IEX, IMAX, IR, IRBT, JNPR, KO, LEA, LH, LXU, MDCO, MKSI, NDAQ, NEE, NOC, NSC, NWE, NYCB, OC, PB, QTS, R, RES, RHI, ROK, ROL, SFLY, SFS, SIX, SLAB, SLGN, SPN, STM, STT, T, TEL, TGI, TKR, TMO, TPH, TRN, TSS, TUP, TXN, UCBI, UHS, UMC, USG, VLY, WCN, WEC, WES, WHR, WM, WNC, WRB, WYNN, X, ZION
Notable Earnings After the Close, Wednesday or Before the Open on Thursday:
ABX, ACGL, ACIW, ACOR, ADNT, ADP, AEM, AEP, AF, AGCO, AGNC, ALKS, ALLE, ALLY, ALXN, AMT, ARCH, AXS, AXTI, AZN, BC, BCC, BCOR, BMS, BMY, BSX, BUD, BWA, BWLD, CBG, CCJ, CDE, CELG, CFR, CHTR, CLF, CMCSA, CMO, CNO, COP, COR, CPG, CRI, CRR, CRS, CSTM, CVE, CVRR, CYS, DFS, DFT, DNKN, DOW, DPS, DRE, DST, EFX, ENTG, EQT, ESND, ESRT, ESV, ETH, EVR, EW, EXP, FAF, FB, FCAU, FFIV, FOE, FR, FTNT, GG, GILD, GLPI, GNC, GRA, GTY, HP, HST, HUN, INCR, INVA, IP, IRDM, IVZ, JCI, KERX, KEX, KIM, KKR, KN, KNX, KRC, KRG, KS, LAZ, LKQ, LLL, LM, LPSN, LRCX, LUV, LVS, MA, MAA, MAS, MB, MCK, MCRN, MDP, MDXG, MEOH, MGM, MITL, MLCO, MLNX, MMC, MMSI, MO, MPC, MPLX, MT, NEWM, NGD, NLSN, NMM, NOK, NOW, NTCT, NTGR, NTRI, NYT, O, ODFL, OHI, OII, ORI, ORLY, PAG, PCG, PENN, PF, PG, PKG, POT, PSA, PTEN, PX, PYPL, QDEL, QEP, RDS.A, RGC, RJF, ROIC, RS, RTN, SAVE, SB, SCI, SEIC, SIRI, SPB, SPGI, SU, SUI, SXC, TAL, TDC, TECK, TER, TILE, TMK, TPX, TSCO, TWTR, UDR, UPS, UTHR, VAR, VC, VLO, VRTX, VZ, WCC, WEX, WFM, WLL, WPG, WWE, XEL, XL, XLNX, ZBH
Notable Earnings After the Close, Thursday or Before the Open on Friday:
AAL, AAN, ABBV, ACHC, AFL, AIV, AJG, ALGN, AMZN, ATEN, ATR, AUY, AXL, BEN, BHGE, BIDU, BJRI, BOFI, BSAC, BVN, BYD, CAA, CERN, CFX, CLD, CMS, COG, COHU, COL, CPN, CPT, CUBE, CUZ, CVA, CVX, CXP, CY, DECK, DLR, EA, ECHO, EGHT, EGO, EIX, ELLI, EMN, ENVA, ERJ, EROS, ES, ESS, ETM, EXPE, FBP, FE, FET, FHB, FII, FIX, FLEX, FND, FSLR, FTV, GHL, GIMO, GT, HCN, HIG, HRC, IMO, IMPV, INT, INTC, IRM, ISBC, KLAC, KNL, KTOS, LAD, LEG, LOGM, LPLA, LYB, MAT, MD, MHK, MITK, MOBL, MRK, MSCC, MULE, NATI, NOV, NR, NS, NUVA, OFC, PEB, PEG, PFG, PFPT, PNM, POR, POWI, QGEN, RARE, RCII, RGA, RSG, SAH, SBUX, SC, SGEN, SIVB, SKYW, SSNC, SYK, TCO, TEAM, TEN, TNDM, TRP, TVTY, UCTT, UFS, UNM, VR, VRSN, VTR, WDC, WETF, WFT, WIX, WRI, WY, XOM, XPER, YNDX
Options Bistro 