$AAOI now trading $44 – $47 after hours, No positions
Daily Archives: Thursday, October 12, 2017
#T sto call spread 11.24.17…
#T
sto call spread 11.24.17 36/41.50/ @ .97
sto call spread 11.24.17 37.50/42/@ .41
if assigned on puts
already have call on
in ira account had to to make spread
SPX Campaign
#spxcampaign
$SPX STO 10/30 2460/2485 BUPS @ 1.05 Thank you @jdietz1954 for idea
Closed Early
$SPX BTC 10/16 2560/2535 BECS @ 15.00 STO 10/11 for 16.50 Thank you @jeffcp66 for fishing lessons.
NVDA
#ShortStrangles – Rolling up the put side for some extra premium. Looks like she wants to break out to new highs…. Thanks @geewhiz112 for the reminder!
Rolled NVDA NOV 3 2017 165.0 Puts to NOV 3 2017 180.0 Puts @ 1.60 credit.
New position is NOV 3rd 180.0/215.0 Strangles @ 5.11 credit (this is still the week before earnings)
Thurs. trade day
STO for next week of ladders
GILD 11/10 78 put at 1.04
EOG 11/10 92 put at 1.01
Rolled WDC 86 call tomorrow out 2 weeks for 2.23 credit. There was still .40 left in it but looking at mys schedule in the office not certain I would have time to trade at lunch. Better to do it early than not at all.
STO WDC 10/27 82 put at 1.18
From my WDC rolls now my cost basis is under 80 and finally showing big profits on the rolls. New trading range looks like 82-87 so as long as we stay there I will keep rolling the calls to take in more cash each week. Also pulled in the dividend of 0.50 last week. Virtual ATM last 12 weeks. The CC generates more cash than the puts but lower ROI.
Unless the market moves a lot tomorrow I am good until next week. Hope everyone has a good expiration week and trade smart!
Cheers, Chris
$VEEV Long Calls
#longcalls
$VEEV BTO 11/17 55/65 BUCS @ 4.90 Risking 4.90 to make 5.10
AA #STO 10/20/17 50.0 CALLS…
AA #STO 10/20/17 50.0 CALLS @.60 Earning 10/18/17 AMC Per FinViz. @Jeff Will you be doing an earnings trade on this?
JILL
More like a #FallingAx
🙂 🙂
VXX adjustment
#LongPutDiagonals – Here’s the latest…adjusting the front month put sales that have (or will be) capping gains.
1. Closed one third of the position using the cash brought in from front month sales. This will open up that part of the 2019 position to continue lower towards zero.
Bought to Close VXX JAN 19 2018 38.0 Puts @ 6.68
2. Rolled the other two thirds of the put positions out and down to 2019.
Rolled VXX JAN 19 2018 38.0 Puts to VXX JAN 18 2019 28.0 Puts @ .31 credit
I made this adjustment after this conversation with TDA this morning:
——————————————————-
10:24 fuzzball: Quick question…any idea when the VXX 2020 LEAPS will be coming out?
10:30 SeanF_TOS: Hello, at the latest I would anticipate them to be issued once the Jan 2018 options expire
10:30 SeanF_TOS: usually they expire the 2018 ones then list the next set the following monday
10:31 fuzzball: Makes sense. I noticed the AAPL 2020’s were already trading. I’m sure it varies from ticker to ticker.
10:34 SeanF_TOS: Yeah they could potentially list them earlier based on trading demand. Exactly there isn’t an exact science to it, we’re usually good at keeping up and putting them on the platform the same day they get listed, but if you ever see them on cboe’s website as available to quote and we don’t have them let us know and we’ll get them listed by the next business day.
10:35 fuzzball: Thanks!
10:35 SeanF_TOS: You’re welcome! Have a great day!
——————————————————–
So…as soon as the 2020’s come out I’ll be rolling the puts again out and down and probably setting up another batch of synthetic short positions above them. Those (the 2020’s) will be capped to the downside again but the much larger 2019 position will be free to run all the way down.
Closing Early and Rolling
Closed Early
$BABA BTC 10/20 185/175 BECS @ 2.70 STO @ 1.31
#shortputs
Rolled $NVDA 10/20 175 puts to 185 puts @ additional .95 credit Part of @ramie77 strangle
#spxcampaign yesterday of the 10.11.17…
yesterday
of the 10.11.17 call 2560/2570 Had sold for .40
btc short side for .05 no fee at tos
2 day play
3.5% return on risk
#T sto put 11/17/17 36.00…
#T
sto put 11/17/17 36.00 @.63-.67
to acquire for divi and cc if mr. market wants me to.
SVXY Game
#classicvxxgame
$SVXY STO 1/19/2018 77.50 put @ 5.75 Balancing some of my short calls which are having a rough time.
T
#FallingKnife #IRA – Could be a long term hold. Dividend over 5 percent now with the selloff.
Sold T APR 20 2018 35.0 Puts @ 1.47
$DISH #ShortPuts #FallingKnife – Sold…
$DISH #ShortPuts #FallingKnife – Sold 1 DISH MAR 16 2018 42.5 Put @ 1.50 with the stock at 49.5.
Morning all $SPX #spxcampaign STO…
Morning all $SPX #spxcampaign STO Oct 31st 2485/2460 BuPS for 1.05 when SPX was at 2552.88. 19 days to OpEx. Stop if Mark hits 2.00. Profit target 80% or mark at 0.20. Lets hope this doesn’t turn into a Halloween Horror. I have been trying 5 Delta short Puts per the class I took but just can’t get filled. I suspect there just are not many buyers/sellers at this level in the chain. So I elected to move the Delta up, -13 and was filled immediately which is in itself not so good either. Anyway I have a plan, my inner demons have been tamed a bit. And to quote the Late Great Paul Harvey ….. “That is the rest of the story.”
Closed Early – Fear Factor Increasing Personally
$AAPL 10/20 BTC 150/155 BUPS @.60 STO 8/29 @ 1.08 43% profit
$REGN 10/20 BTC 465 call @ 2.50 STO @ 10.02 as roll from 10/6 447.5 call Small loss
$FB 10/20 BTC 185/175 BECS @ 3.25 STO on 10/2 @ 2.66 Another small loss
AMZN
STO November 10, 890/840 bull put spread for 2.53
AVGO adjustment
#ShortStrangles – Rolling up the put side for additional credit. Original sale was just below the 200 ma. Rolling up to just below the 50 ma.
Rolled AVGO NOV 10 2017 225.0 Put to NOV 10 2017 240.0 Put @ 2.03 credit
New position is Nov 10 240.0/260.0 @ 6.48 credit
SPX trades yesterday
#SPXcampaign.
Closed on GTC order: $SPX Oct 16th 2515/2490 put spreads for .40. Sold last week for 3.70.
Sold Oct 13th 2560/2585 call spreads for 1.70 in last hour of day when SPX peaked. I entered that order in the morning and it filled while on the road.
In Dunsmuir, CA this morning… we’ll be home in Portland by tonight.
Options Bistro 