smasty 1:54 pm on Monday, January 22, 2018
Tags: Fuzzy ( 414 ), pietrades ( 240 ), UOA ( 12 )

Jan 22 #PieTrades LMT is…

Jan 22 #PieTrades
LMT is one of my all time favorite tickers. I feel like I’ve been a grimy street urchin staring in the the window of a sweet shop as I missed the last LMT swing, and also w/ earnings next week, been covering my eyes on it. But, today gave a great opp for my first Pie Trades! Sold this week 327 puts for .90 x 8.

Boatloads of #Fuzzy trades
1. Closed all the “twisted fuzzy” trades for small gains/losses (less than $100 per)
2 Opened new unhedged fuzzies on SPY, Feb 282/282/279 for 1.93 (only 4-lots)
3. I’ve mentioned the “Gorilla Trades” service before. Pretty great service. Their picks are very often best played with shares vs. options (monthlies, thin). But I’m tired of getting left behind on the myriad of explosive moves in their portfolio. So I’m using unhedged fuzzies, small lot, to create a shotgun approach in building a Gorilla portfolio. On Friday I put on a 3-lot unhedged fuzzy on Gorilla pick INGN, it was closed today for 357% gain. Additional openings today: BAH, MYGN, IP.
4. Unhedged fuzzy on MSFT from Friday was closed for 40% gain, then placed again immediately after seeing #UOA on it. I now have Apr 90/90/85 for 2.45 x 10.

geewhiz112 1:15 pm on Monday, January 22, 2018

NFLX Booming AH

Looks like our trades for NFLX earnings might be fine.
Lets hope gravity does not exhibit its charm anytime soon.

Jeff 1:14 pm on Monday, January 22, 2018
Tags: SPXcampaign ( 2,265 )

SPX trades

#SPXcampaign

Closed $SPX Jan 26th 2790/2765 put spreads for 1.20. Sold for 8.20 last Tuesday.

Closed on GTC order: Feb 2nd 2660/2635 put spreads for .20. Sold for 1.55 on Jan 5th.

Stopped Feb 15th 2890/2915 put spreads for 3.05, sold for 1.50 last Wednesday. Will look to roll tomorrow

geewhiz112 1:06 pm on Monday, January 22, 2018
Tags: OptionsExpiration ( 794 )

Expiration

#optionsexpiration
$SPX 2755/2780 BUPS Thank you @jeffcp66 Sold for 2.20 on 1/18

Jeff 1:02 pm on Monday, January 22, 2018
Tags: Earnings ( 3,108 )

NFLX earnings

#Earnings Added a Jan 26th 205 put for 1.19 before the bell. Was waiting for a bit more pullback but it went the wrong way. So I have two strangles…

200/250
205/250

geewhiz112 1:00 pm on Monday, January 22, 2018
Tags: LongCalls ( 495 ), ShortPuts ( 4,763 ), SPXcampaign ( 2,265 )

SPX Campaign / Short Puts CMG FB / Long Calls PETS CMG

#spxcampaign
$SPX STO 2/7 2765/2790 BUPS @ 3.55
$SPX STO 2/23 2925/2900 BECS @ 1.80 Thank you @jeffcp66

#shortputs
$FB STO 2/16 165/175 BUPS @ 1.55
$CMG STO 2/16 315/325 BUPS @ 3.80

#longcalls
$CMG BTO 2/16 340/350 BUCS @ 4.69
$PETS BTO 2/16 45/55 BUCS @ 4.70 Inspired by @honkhonk81

fuzzballl 12:12 pm on Monday, January 22, 2018
Tags: SyntheticStock ( 356 )

AGN

#SyntheticStock – Booking this one also. Caught it right at the squeeze and we’re in day 9 now so gotta be close to a rest (or maybe phase 2 ? ) Just crossed into negative deltas so outta here. I’ll get back in on a pullback or sell something for earnings.

Sold to Close Jan 2019 175/175/170 synthetic
Bought to Close Jan 26 2018 182.5 calls @ 5.30

Net credit including weekly sales (only one sale…LOL) of 20.25 with initial cost of 16.64 for a 3.61 winner.

Addy 12:01 pm on Monday, January 22, 2018

Anyone knows when UVXY consolidate?

fuzzballl 11:43 am on Monday, January 22, 2018
Tags: Earnings ( 3,108 ), ShortStrangles ( 716 )

NFLX

#Earnings #ShortStrangles – Up 44 percent of max already. Let it ride? 🙂

fuzzballl 11:19 am on Monday, January 22, 2018
Tags: Fuzzy ( 414 ), SyntheticStock ( 356 )

KR

#SyntheticStock – Just got a UOA bearish alert on KR. Was debating about booking it anyway after this nice run so went ahead and closed it. Of course it’ll now be free to run on to glory…LOL

Sold to Close July 28/28/26 synthetic
Bought to close Feb 9 30.5 calls

Net credit plus weekly premium received totals 2.47 with an entry of 1.87. 60 cents on a decent size position. Quick little trade and on down the road. 🙂 🙂

#fuzzy

fuzzballl 11:06 am on Monday, January 22, 2018
Tags: SyntheticStock ( 356 )

ADSK

#SyntheticStock – Had two of these going. One as a repair trade and one as a new trade.

Strikes were:

Jan 2019 105/105/100 and Mar 2 111 calls
Jan 2019 115/115/110 and Feb 2 116 calls

With the stock looking a little stronger I rolled all of the lower strike positions up to match the higher strikes in all positions. Did the whole bundle for a 2.85 credit. Much easier to track and trade now and brought in a little cash as well.

thomberg1201 10:47 am on Monday, January 22, 2018
Tags: CoveredCalls ( 2,202 ), pietrade ( 143 ), pietrades ( 240 ), ShortPuts ( 4,763 )

#pietrades #coveredcalls #shortputs EXAS Dec….

#pietrades #coveredcalls #shortputs EXAS
Dec. 14 I sold a Jan. 19, 48 put for 1.70. Looked good until Friday afternoon, was assigned. Sold a Jan. 26, 48 call for 1.30, cost basis of 45.. If I wouldn’t have spent the morning in a dental chair I would have done a little better on the call.

#pietrade

hcgdavis 10:15 am on Monday, January 22, 2018
Tags: pietrades ( 240 )

#pietrades Others to add, SSO…

#pietrades

Others to add, SSO and UPRO

If and when we ever get a full on reversal, we can then switch to selling puts on the inverse ETFs such as DOG, SQQQ, SDS. I looked at some of the others but these seemed to have the best premiums, weeklies, and tighter bid-ask spreads. I am sure there are others I may have missed.

jsd501 10:12 am on Monday, January 22, 2018

HRL

BTC 2 months early, March 27.5 puts @.05, sold @ .60

Jeff 9:43 am on Monday, January 22, 2018
Tags: ReverseRoll ( 144 ), SPXcampaign ( 2,265 )

SPX reverse roll

#SPXcampaign Well, it already looks like the possibility for consolidation is a bust. It seems the higher we go with little rest and no correction means the eventual reckoning will be all the more devastating. But until it happens, we ride the rocket ship to the sky.

Closed $SPX Feb 9th 2875/2900 call spreads for 2.75. Sold on Friday for 1.55.
#ReverseRoll Selling the Feb 7th 2790/2765 put spreads. Asking 3.90, which I will get with any slight pullback. If not, I’ll sell it for less.

Unfortunately I have no long call spreads going. Since the Upside Warning is not in effect, it’s tougher to have firm conviction of follow through, so I don’t want to buy at fresh highs.

Ramie 9:23 am on Monday, January 22, 2018

AMZN rolling covered call

Rolled $AMZN Feb 16 1290 call up and out to Apr 20 1320 call for 9.00 credit. Total credit taken in with rolls so far: 23.65.

mortlightman 7:52 am on Monday, January 22, 2018
Tags: Bitty ( 78 )

STO LNG Jan 26 54/53…

STO LNG Jan 26 54/53 BuPS .15 #Bitty

jsd501 7:35 am on Monday, January 22, 2018

SVXY

STO June 75 put at 5.45 on 1 contract.

ncroadrunr 7:34 am on Monday, January 22, 2018
Tags: CoverCalls ( 3 )

#covercalls $NUGT Sell Feb 02…

#covercalls $NUGT

Sell Feb 02 $35 calls for $0.75. According to my back of envelope calculations if I entered a buy write at that moment it would yield 8% for 2 weeks – too god to be true. My original cost in stock is $38, so continuing to sell options to work down that basis.

Jeff 7:30 am on Monday, January 22, 2018
Tags: SPXcampaign ( 2,265 )

SPX calls stopped

#SPXcampaign Closed $SPX Jan 26th 2820/2845 call spreads for 9.20. Sold last Wednesday for 4.25. My plan was to get out around 8.00, but this morning’s price action blew right past that. I feel it’s more likely I’m closing at a short term top, but can’t risk it. With recent action, we could end today at 2830 easily. Good news is I sold the 2790/2765 put spreads for 8.20 and they’re currently trading at 2.00.

fuzzballl 7:25 am on Monday, January 22, 2018
Tags: FuzzyBear ( 22 ), RocketManHedge ( 45 )

SPX

#RocketManHedge -My further out #FuzzyBear hedge at 2800 I can be more aggressive with now…

Rolled Wed 2785 put to Fri 2800 @ 4.25 credit (12.25 total received on it now)

Jeff 7:14 am on Monday, January 22, 2018
Tags: Earnings ( 3,108 ), ShortStrangles ( 716 )

NFLX earnings

#Earnings Sold $NFLX Jan 26th 250 calls for 1.35 and 1.50. Coupled with a 200 put sold on Friday for 1.78. I’ll add another put sometime today for a total of 2 #ShortStrangles.

NFLX 5-day moves over last 12 quarters: Biggest UP move: 27.8%, Biggest DOWN move: -13.1%, Average move: 12.6%. My strikes are 11.1% OTM.

Jeff 7:11 am on Monday, January 22, 2018
Tags: SPXcampaign ( 2,265 )

SPX calls sold

#SPXcampaign Sold $SPX Feb 23rd 2900/2925 call spreads for 1.60. Parabolic move might be continuing, which means I’ll be having to stop-out of these calls and start getting ridiculously long again. Anyone else think we’ll hit 2900 before March? Hard to believe but can’t rule it out.

Jeff 7:06 am on Monday, January 22, 2018
Tags: Earnings ( 3,108 ), ShortStrangles ( 716 )

KMB earnings

#Earnings #ShortStrangles
Sold $KMB 111/120 strangles for 1.05. Biggest UP move: 5.4%, Biggest DOWN move: -6.2%, Average move: 2.7%. These strikes are 3.9% OTM

mortlightman 6:53 am on Monday, January 22, 2018
Tags: Fuzzy ( 414 ), Hedge ( 75 )

BTO MU Mar 2 43/43/41…

BTO MU Mar 2 43/43/41 1.08 #fuzzy
STO MU Feb 2 44.5 .56 #hedge

fuzzballl 6:48 am on Monday, January 22, 2018
Tags: FuzzyBear ( 22 ), PerpetualRollingStrangles ( 116 )

TLT

#FuzzyBear – Covering my July FuzzyBear. I added this last week shorter term to protect my #PerpetualRollingStrangles that were getting too long. After the final numbers are in it looks like 20 cents a week through July to cover max loss. But…if TLT breaks long term support this could be a bigly winner.

Sold TLT JAN 26 2018 122.5 Puts @ .30

fuzzballl 6:43 am on Monday, January 22, 2018
Tags: RocketManHedge ( 45 )

SPX

#RocketManHedge -Let this one spend the weekend unhedged but since the world doesn’t seem to be ending with the gubment shutdown I’m covering it now…

Sold SPX JAN 31 2018 2750.0 Put @ 3.70

fuzzballl 6:41 am on Monday, January 22, 2018
Tags: BullPutSpreads ( 150 )

WYNN

#BullPutSpreads – Got lucky last week and picked a good time to flip full blown bullish on WYNN. Was complaining about their last second earnings date announcement over the weekend but I take that back. I like this sale better against my Feb 170/200 Bull Put Spreads.

Sold WYNN JAN 26 2018 195.0 Calls @ 1.00

Jeff 6:38 am on Monday, January 22, 2018

Nothing really matters…

The Daily Shot: How did the previous government shutdowns impact the stock market? https://t.co/G78Isc67PO pic.twitter.com/tfMY0oqOPt

— WSJ Markets (@WSJmarkets) January 22, 2018