#PerpetualRollingStrangles – Just another roll for a small credit. Sold against Dec 51 calls…
Rolled EWW OCT 6 2017 56.0 Puts to NOV 17 2017 55.0 Puts @ .15 credit
Monthly Archives: October 2017
SPX calls sold
#SPXcampaign. Sold to Open $SPX Nov 3rd 2575/2600 call spreads for 1.75.
Oct CMG
I already have some positions on in CMG but this one seemed tempting with IV as high as it is (IVR is 88)
Sold $CMG Oct 20 275 puts @ 2.05
Delta is 15
SPX rolls sold
#SPXcampaign
Sold $SPX Oct 16th 2515/2490 put spreads for 4.50, as #ReverseRoll from Oct 13th calls stopped this morning.
Sold Oct 16th 2475/2500 call spreads for 22.35 as #ITMroll from Oct 9th calls stopped this morning.
HCA covered call
#Earnings #LongStock #CoveredCalls
Sold $HCA Oct 20th 82.5 covered call for .75, adding to the position.
Looks like earnings are last week of October. Hopefully stock can recover up to 82 area so I can exit before then, but may play through earnings if necessary.
#FlyingKnife (inverse of falling knife)…
#FlyingKnife (inverse of falling knife)
Check $TRN, might opportunity to sell calls, but they are very thin.
SPX trades
#SPXcampaign. Sold to Open $SPX Nov 3rd 2435/2410 put spreads for 1.50.
STOPPED: SPX Oct 13th 2535/2560 call spreads for 4.40. Sold for 1.50 on Sept 11th. Working on a reverse roll for Oct 16th.
STOPPED: SPX Oct 9th 2470/2495 call spreads for 23.85. Sold last Monday for 17.60. Working on #ITMroll for Oct 16th.
Closed on GTC orders:
Oct 11th 2410/2385 put spreads for .20. Sold in a #CondorRoll for 3.75 on Sept 12th.
Oct 13th 2400/2375 put spreads for .20. Sold for 1.50 on Sept 12th.
$ZGNX #ShortCalls – I had…
$ZGNX #ShortCalls – I had a few extra short puts so I’m adding new calls to create more strangles.
Sold 1 ZGNX Oct 20 2017 50.0 Call @ 1.15
Sold ZGNX Oct 20 2017 55.0 Calls @ 0.55 – highest available strike price.
$MNK #ShortPuts – Bought to…
$MNK #ShortPuts – Bought to close MNK Oct 20 2017 30.0 Puts @ 0.05.
Originally sold on 03/27/17 at 1.65 as one of many #FallingKnife trades on this stock.
$TGT #ShortPuts – Bought to…
$TGT #ShortPuts – Bought to close 1 TGT OCT 20 2017 45.0 Put @ 0.01. It won’t trade any lower.
Originally sold on 03/27/17 at 1.30 as a #FallingKnife trade.
Econ Calendar for week of 10/2/17
Please click “Home/REFRESH” above to update Bistro features for the day.
#spxexpectedmove
Good morning
I have no large positions until December. What am I going to do to keep busy and make money?
Expired/Closed Early/Trades
#optionsexpiration
$SPX 2500/2475 BECS @24% loss
$FB 180/182.5 BUPS @ 15% loss
$AAOI 55 put
Closed Early
$NVDA BTC 10/20 220/200 BECS @ 85% profit
$AAOI BTC 10/20 65 put @6.00 STO @ 11.25
$AAOI BTC 9/29 60 put @ .20 STO @ 1.70
$TSLA BTC 10/20 420/400 BECS @82% profit
$SPX BTC 9/29 2475/2500 BUPS @ 96% profit
Trades
#spxcampaign
$SPX STO 10/6 2460/2485 BUPS @ 3.35
$SPX STO 10/27 2390/2415 BUPS @ 1.75
$SPX STO 10/20 2550/2570 BUPS @ 1.10
#shortputs
$PI STO 10/20 35 puts @ 1.15
$CALA STO 10/20 15 puts @ 1.15
$TAP STO 1/19/2018 75 puts @ 1.45 and 1.60
$TAP STO 1/19/2018 77.5 puts @ 2.10 This beer is for you @optioniceman
$WYNN STO 10/6 148 put @ 1.72 Inspired by @fuzzballl
#longcalls
$MSFT BTO 11/17 72.50/75 BUCS @ 1.40
Thanks to all for the continuing education.
Have a great week of trading.
ZGNX – the drug is not even in phase III trials yet so the stock is a bit ahead of itself.
https://www.bizjournals.com/sanfrancisco/news/2017/09/29/zogenix-zgnx-epilepsy-dravet-cns-seizures.html
OptionExpiration
Hey Gang was away on friday and over the weekend. These were my expiring positions:
$SVXY $66 puts
$UVXY $31.5 calls
$UVXY $91 calls
$VXX $45 calls
$VXX $47.5 calls
Hope you all had a great weekend.
Options Bistro 