#ShortPuts #IRA – Bought to Close SVXY NOV 17 2017 80.0 Put @ .25 (sold for 2.50)
Daily Archives: Wednesday, November 8, 2017
Interesting research by the TT…
Interesting research by the TT team just the other day. Looks like the sweet spot on strangles is 10-20 deltas.
https://www.tastytrade.com/tt/shows/market-measures/episodes/optimal-risk-reward-in-strangles-11-06-2017
Pattern Day Trader?
Gotta Question for someone. Yesterday I was selling some synthetic stock that I’ve had for several months (buy a call, sell a put, buy a lower put). I was trying to sell two contracts but fat fingered it and sold three, so I had to buy one back. This was in a small account that I have. When I try to sell some calls for next week, I got the pattern day trader warning and they would not let me trade. Is it common practice to count a combo like that as three trades? This was with IB.
OPHT…blast from the past
Looks like they’re still alive and kicking. Anybody that’s still at OMM…has @scottto mentioned it lately? These guys and REGN both had good earnings today.
SVXY stock
#CoveredCalls – Received this stock from reverse rolling some threatened calls quite awhile back. Lot’s of things I could do with it to squeeze a little extra out of it but I’m not gonna look a gift chicken…errr….horse in the mouth. Breakeven was my original goal and with plenty of Jan risk I’m booking and raising the cash.
Sold to Close SVXY covered stock @ 91.25 (basis 83.22)
Sold to Close SVXY covered stock @ 93.25 (basis 84.07)
WDC
#ShortPuts – For some reason today (maybe it’s the chicken) I’m feeling like trimming some risk. Also, clearing out a little to take a slightly bigger position than normal in NVDA earnings tomorrow.
Bought to Close WDC NOV 17 2017 85.0 Puts @ 1.00 (sold for 1.55)
Short Puts / Closed early
#shortputs
$GILD 12/15 67.5/72.5 BUPS @ 1.55 (Dr Science at OMM)
$SVXY STO 12/15 85 put @ 2.50 Thank you @jdietz1954
$SVXY STO 12/8 70 put @ 1.45 Thank you @jsd501
Closed Early
$AAOI BTC 11/17 50 puts @ 8.70 Getting out with small loss after a few rolls of the AAOI
$COST BTC 11/17 150 put @ .05 STO 10/6 @ 1.74
$SPX 11/10 2625/2600 BECS @ 54% profit Thank you @jeffcp66
$C, $RHT, $SPX, $RCL
STO $C Nov 24 $71/$68 put spreads @ $0.50
BTO $RHT Dec 15 $120 calls @ $4.80
STO $SPX Nov 15 $2570/$2565 put spreads @ $0.75
STO $RCL Nov 17 $124/$120 puts spreads @ $0.33
Do we kill the chicken?
TQQQ
I rolled my 134 call for November 10 out to the November 17, 135 call for a credit of .90 cents. The 2019, 80 calls are up and the 80 puts would be at a profit except for the wide spread on the option price.
#shortputspreads ADBE
167.50/177.50 for 1.30, thanks for pointing out my mistake, I’m blaming my phone
NVDA
#Earnings tomorrow so I’m going flat until then. Taking a buck here for now.
Bought to Close NVDA NOV 10 2017 210.0/200.0 Bull Put Spread @ 4.25 (sold for 5.25)
#FANG Futures
#FANG Futures – what could possibly go wrong 🙂
$TRIP #ShortPuts #FallingKnife – Sold…
$TRIP #ShortPuts #FallingKnife – Sold 1 TRIP Jan 19 2018 28.0 Put @ 1.40
$HP #ShortPuts – Bought to…
$HP #ShortPuts – Bought to close HP Dec 15 2017 40.0 Puts @ 0.05. These won’t trade any lower and have over a month until expiration.
Originally sold in August at 1.15, 1.25, 1.30 and 1.55 as a #FallingKnife trade.
Still short the Dec 42.5, Jan 40 and Mar 37.5 Puts in an #OptionLadder.
The chicken lives!!!!
I hope @jeffcp66 has not been kidnapped.
$PRGO #ShortPuts – Bought to…
$PRGO #ShortPuts – Bought to close PRGO Nov 17 2017 55.0 Puts @ 0.05.
Originally sold on 08/04/2017 at 1.30.
I had already bought back the Jan 50 Puts at a nickel several weeks ago.
And the chicken background is really distracting 😦
Good morning
It looks like the chicken has taken control of the background.
Options Bistro 