Just checking in here at 130 am eastern time. No market for me…spent the day evacuating the motorhome/crash pad out of the Ft. Lauderdale area. Crazy day that started at about 8am. Many gas stations completely dry and cars everywhere. Finally made it to the Tallahassee area which so far has a fighting chance for survival. I’ve got a decent 4g signal here so should be in and out next couple days.
Good luck everyone and if you’re anywhere near this thing stay safe!
#shortputs
$MOMO STO 10/20 35 put @ 1.35
Rolled 16 DTE 77 put to 37 DTE 79 put for 0.82 credit. Sold for 1.1 about 4 weeks ago.
#Earnings #ShortStrangles
Sold each side separately: $RH Sep 8th 36 puts for .50, and 64.5 calls for .60. Over last 12 earnings, the 3-day moves: Biggest UP move: 21.7%, Biggest DOWN move: -26.4%, Average move: 11.4%. My strikes are each about 28.4% OTM.
#SPXcampaign I rolled this one earlier as the downside risk is too great this close to expiration.
Bought to close $SPX Sep 8th 2480/2455 put spreads for 13.50. Sold last week for 6.80.
#CondorRoll Sold to Open Sep 20th 2435/2460/2485/2510 condors for 10.50, 1.33x position size.
EDIT: I closed PUT spreads, not call spreads.
Taking some more off at most of max profit just to reduce my size a bit.
Bought to close:
$SVXY Sep 15 65.00 puts @ .55 Sold for 5.25 on 5/8
$SVXY Sep 15 42.50 puts @ .10 Sold for 1.30 on 6/15
$SVXY Sep 15 37.50 puts @ .04 Sold for .78 on 5/17
$UVXY Sep 22 82.00 call @ .12 Sold for 6.00 on 8/11
$UVXY Sep 29 82.00 call @ .40 Sold for 6.80 on 8/11
$HES #CoveredCalls -Sold HES Sep 8 2017 41.5 Calls @ 0.19 with the stock at 40.73.
These expire on Friday
$HP #ShortPuts – Bought to close HP Sep 15 2017 45.0 Puts @ 0.95.
Originally sold these @ 1.20, but the stock opened close to 42 on Friday so I’m taking some risk off at a small profit.
Plenty of other Oil-space Put exposure left plus still short HP puts in Dec at 42.50 and 40, in Jan at 40 and in Mar at 37.50.
Edit: Covered more @ 0.85
$SWN #ShortPuts – Bought to close SWN SEP 15 2017 6.0 Puts @ 0.38 with the stock at 5.62.
Absolutely no time premium left in this position.
Originally sold at 0.49 when the stock was much higher, so a modest gain on the trade.
$HES #CoveredCalls -Sold HES Sep 8 2017 41.0 Calls @ 0.23 with the stock at 40.33.
These expire on Friday
$SVXY #CoveredCalls – Sold SVXY SEP 15 2017 85.0 Calls @ 0.23 with the stock at 77.79
$HP #CoveredCalls – Sold HP SEP 15 2017 45.0 Calls @ 0.55 with the stock at 44.12.
Sold against stock that was recently put to me at 45.
$URBN #ShortPuts – Bought to close URBN Sep 15 2017 19.0 Puts @ 0.05. They won’t trade any lower.
Originally sold as a #FallingKnife trade on 3/22/17 @ 1.20
$UVXY #ShortStrangles #TastyWorks – I placed my first trade in a TastyWorks account yesterday.
Just checking out the platform, which I do not find very intuitive.
Sold 1 UVXY Sep 8 2017 27/50 Strangle @ 0.30
Cleared 27.71 after commissions and fees, so at least the commissions are low.
Options Bistro 