Here’s trades not already mentioned today:
CVX: Closed #JadeLizard for $230 profit before it “slid down the slope” on the right-side P/L graph
QQQ: Opened #SharkfinHedge (as coined by Bruce Marshall) before market direction became solidified today. Dec 8 153/148/146 put fly for .53 (called sharkfin because of the P/L picture). Wanted just a bit of tech protection in case sell off continued.
NDX: Managed BeCS hedge, took 1/2 off, rolled other half to new strikes.
RH: Opened long calls (Dec 8 106) for earnings run up trade, will be closed day before earnings, high historical win rate
BA: Bitty hit profit target for $276, rolled to new expiration (Dec 15 270/267 for .50)
SPX: Rolled BeCS to new strikes for extra range
IWM: Closed JadeLizard early for $25.00 scratch (it was kind of a hedgie jade lizard, no longer needed)
NTNX: Added last tranche of short puts before earnings, trade is up very nicely after hours
PLAY: Closed long calls on Earnings run up trade for $165 (40%) profit, trade based on historical win rate.
Net Liq repair project still underway, but nice progress today
Sue