First day all week I actually get a lunch break so a few trades mostly to adjust margin and take off risk.
BTO WDC Jan 20 90 calls at 14.10. Now long the 2020 straddle at 90 and short the 90 straddle at 37 DTE, basically a bi directional calendar. My plan is to sell the weekly ATM straddle once the 37 days is close to the end. The recovery is already profitable ($4410) but if I can keep bringing in weekly premium extra gravy. This is from an earnings gone wrong. Originally sold the 90 puts, it dropped from 107 to as low as 77. After multiple rolls ended up with a 15+ point credit then spread it off to lower the margin. Now have 109 weeks left to sell straddles/strangles semi-covered.
GILD rolled the 9 DTE 72.5 put to 23 DTE at 76 for 1.3. Sold for 1.46. Another problem child. Now have 300 shares, 8 contracts of Jan 19 put leaps at 77.5. Almost break even, few more weeks of sales will take a small profit and move on.
SWKS BTC the 107 call for 0.18. Sold for 0.95. Still have 102 and 104 puts and Jan 107 call as a semi strangle. Break even only 2 points to the upside. Leaving this one naked as it seems to be finding a bottom.