Happy Holidays

#holiday

Hope everyone has a great and terrific Holiday the Next few days..I hope you all have a prosperous and happy New Year…

Cheers,
The Wiz..

STMP

#Earnings #ReverseRolling – Glad to be out of this at even. Originally was an earnings strangle that took some heat. Rolled the threatened side out to a strangle a few weeks ago. Needed to get out at .30 or less for breakeven.

Bought to Close STMP DEC 29 2017 160.0/195.0 Strangle @ .20

$NKE #ShortPuts – Bought to…

$NKE #ShortPuts – Bought to close NKE Jan 19 2018 45.0 Puts @ 0.01
Originally sold in May at 1.12 as a #FallingKnife trade.

MGM

#SyntheticStock STO MGM Jan5’18 34.5 calls @0.24

LRCX

#ShortStrangles – Booking it and looking to re-center and re-sell just before earnings.

Bought to Close LRCX JAN 12 2018 160.0/200.0 Strangle @ 1.03 (sold for 4.30)

NTES

#ShortStrangles – Booking it and looking to re-center and re-sell just before earnings.

Bought to Close NTES JAN 5 2018 315.0/425.0 Strangle @ 1.20 (sold for 5.50)

EWZ, VRX

#SyntheticStock STO EWZ Dec29’17 40 calls @ 0.27

#Fuzzy STO VRX Dec29’17 22.5 calls @ 0.27