IBD Investor’s Business Daily IBD…

IBD Investor’s Business Daily IBD Weekly – 2018 Best Online Brokers survey. Week of Jan 29
Top Overall Customer Experience – 1. Fidelity (F), 2. Charles Schwab (CS), 3. TradeStation (TS), 4. TD Ameritrade (TDA), 5. Interactive Brokers (IBD).
Low Commission & Fees – 1. IBD, 2. F, 3. CS; 4. TS, 5. Merril Edge (ME).
Trade Reliabilty – 1. F, 2. IBD, 3. CS, 4. TS, 5. TDA.
Site Performance – 1. F, 2. TS, 3. CS, 4. TDA, 5. IBD.
Customer Service – 1. F, 2. CS, 3. Scotttrade (ST), 4. TDA, 5. ME.
Research Tools – 1. F, 2. CS, 3. TS, 4. TDA, 5. ME.
Options Trading Platform – 1. TDA, 2. TS, 3. IBD, 4. F, 5. CS.
Mobile Trading Platforms – 1. TS, 2. IBD, 3. F, 4. TDA, 5. CS.
Other categories not recorded: Equity Trading Tools, Investment Research, Low-Cost/Free ETF Trading, Portfolio Analysis & Reports, Educational Resources, Trade Ideas, Inv./Ret. Planning Tools

Surprised that Fidelity was so consistently high, oh well, TOS one down…good night, y’all.

Closed Early SPX and FCX / Short Puts SVXY SPX

#SPX Campaign
$SPX STO 2/23 2725/2750 BUPS at 2.10
Closed Early (Under duress)
$SPX BTC 2/9 2900/2875 BECS at 9.00 STO at 1.65
$FCX STC 2/2 19 call at .85 BTO 1/23 as earnings trade at .88

#shortputs
$SVXY STO 2/23 90 put at 1.15

Downside Warning triggered

#VIXIndicator Looks like the official $VIX close is 13.84 (also high of the day), which is over 50% higher than the Dec 20th low of 8.90. This activates a Downside Warning, leading to a likelihood of lower prices in the coming days or weeks. Downside Warnings can sometimes be false flags, but most often the are followed by subsequent dips or corrections, either immediately or in the coming days. It also means any bounce this week is more likely to be followed by a drop next week.

Since I recently revised this trigger to be based on closing VIX prices rather than intraday, I am still compiling data for the last 18 years. I may be able to post some more details today, but feel free to ask any questions if you have them.

$SVXY

Had a couple more orders fill while I was away this afternoon
STO $SVXY Feb 9 $100 puts @ $1.00
STO $SVXY Mar 16 $55 puts @ $0.60
STO $SVXY Mar 16 $60 puts @ $0.80
STO $SVXY Mar 16 $70 puts @ $1.30

SPX puts closed

#SPXcampaign Closed $SPX Feb 2nd 2830/2805 put spreads for 4.60. Sold for 6.75 on 1/23.

The day is not over yet, and even a small bounce will avert a downside warning. But clearing most immediate and highest-striked spread.

SVXY

In a small IRA that I manage, I STO January 2019 60 puts @ 9.60

UVXY calls

Sold $UVXY Mar 2 20 calls @ .66 with UVXY at 11.04. Highest strike.

Downside Warning?

#VIXIndicator A close above 13.35 would trigger one. Looking to close some put spreads to take some risk off.

SVXY

STO February 16, 80 puts @.60, putting my toe in the water at the 80 level.

STO SPX FEB 18 2785/2780…

STO SPX FEB 18 2785/2780 BuPS @.65
STO SPX 16 FEB 18 2795/2790 BuPS @.65

I just got this.

Notable Earnings AMC Fri (Last Week)/BMO Mon:

AMG, D, LMT, SOHU, STX

Notable Earnings AMC Mon/BMO Tues:

AET, AKS, ALLY, AOS, ASH, BEN, CIT, CR, DHR, DOV, EAT, GGG, GLW, HA, HCA, HOG, HRS, HUBB, IDTI, MCD, NUE, PCAR, PFE, PFG, PHG, PHM, PII, RMBS, SANM, SF, SMG, TCF, TROW, UBSI, WDR, WERN

Notable Earnings AMC Tues/BMO Wed:

ADP, ALGN, AMD, ANTM, ARCB, AVY, BA, BOFI, BXP, CA, CATY, CB, CHKP, CHRW, DHI, DOX, ENR, EPD, EQR, EVR, FNF, ILMN, IR, IVZ, JCI, JNPR, KNX, LLY, MT, MTOR, NDAQ, NYCB, PBI, PKG, RHI, SFLY, SIRI, SLAB, SPG, SXC, SXCP, SYK, TMO, TUP, TXT, WEC, WNC, WRB, XRX

Notable Earnings AMC Wed/BMO Thurs:

ABMD, AFL, AGNC, AN, AVB, BABA, BAX, BC, BOOT, BSX, BX, CDNS, CI, CME, CMO, COP, CTXS, DGX, DRE, DWDP, EBAY, ETN, EZPW, FB, HI, HSY, IP, KEX, KRC, LAZ, LNC, LSTR, MA, MAA, MCD, MCK, MDLZ, MET, MKSI, MMC, MMP, MO, MPC, MSFT, MSGN, MTH, MUR, MUSA, NOK, OTEX, PBH, PH, PYPL, QCOM, QGEN, QRVO, RDN, RDS.A, RL, RXN, ST, T, TSCO, TUES, TWX, UNM, UPS, USG, VLO, VRTX, X, XYL

Notable Earnings AMC Thurs/BMO Fri:
AAPL, ACET, AIV, AMGN, AMZN, AON, ATHN, AZN, BRKS, CHTR, CLX, CVX, CY, DATA, DECK, EL, EMN, EW, FBHS, GOOG, GPRO, HMC, LYB, MAN, MAT, MRK, MSI, PACB, POST, PSX, PSXP, ROP, S, SKYW, SNE, SPR, V, WETF, WFT, WY, XOM, YRCW

FB earnings

#Earnings #CoveredCallCampaign Since I already sold some $AAPL puts last week (should have waited), today I’ll get a head start for $FB on today’s weakness…

Sold $FB Feb 2nd 175 put for 1.60.

SVXY

STO March 16, 80 put @ 2.05

STO June 15, 80 put @ 7.05
STO March 2, 80 put @ 1.10

SPX puts sold

#SPXcampaign Sold $SPX Feb 23rd 2750/2725 put spreads for 1.70.

SVXY

STO April 20, 80 put @ 4.05 on 1 contract.

SVXY

STO March 9, 80 put @ 1.60 on 1 contract.

NFLX

#ShortStrangles – Let’s see if the gap holds…

Sold NFLX FEB 16 2018 260.0/340.0 Strangles @ 3.30

#shortputspread ANET Arista Networks Sold…

#shortputspread ANET

Arista Networks Sold 230/240 puts spread for .88 stock is at 280

CELG

#SyntheticStock – Saw it on @smasty ‘s update and like the looks of it. Nice income and a tight squeeze also. Going out a little further just in case more time is needed to cover max loss.

Synthetic Stock:

Sold CELG JUL 20 2018 105.0 Puts @ 9.08
Bought CELG JUL 20 2018 105.0 Calls @ 8.28
Bought CELG JUL 20 2018 100.0 Puts @ 6.65

This gives a net debit of 5.85 for the Jul 2018 position. Add the 5 point max downside and get a max loss possibility of 10.85. Based on that, and the 24 weeks remaining in the trade I only need to average about 45 cents per week in sales to cover the absolute worst case scenario.

So:

Sold CELG FEB 9 2018 106.0 Calls @ 1.11

WYNN

#ShortStrangles – IV still hanging in there. I’ll take a starter to see where it goes…

Sold WYNN FEB 16 2018 140.0/180.0 Strangles @ 3.95

$SVXY

Added 2 more
STO $SVXY Feb 16 $90 put @ $1.07
STO $SVXY Feb 16 $99 put @ $1.75

SVXY

#SyntheticStock – Going for a double dip this week…

Bought to Close SVXY FEB 2 2018 138.0 Call @ .05 (sold for 1.80)
Bought to Close SVXY FEB 2 2018 136.0 Calls @ .09 (sold for 1.40)

Sold SVXY FEB 2 2018 128.5 Calls @ .93

AAOI

#SyntheticStock – Added a synthetic stock position on Friday (Jan 2019 35/35/30) and still keeping my other repair trade. Any decent bounce and maybe I can get out of this sooner. Not happening today though…

Bought to Close AAOI FEB 2 2018 37.5 Calls @ .05 (sold for .35)

Sold AAOI FEB 9 2018 35.0 Calls @ .60

AAPL earnings

#Earnings – Using the pullback to sell now for earnings. Half size leaving room for a #Fuzzy repair trade if needed…

Sold AAPL FEB 2 2018 170.0 Put @ 4.10
Sold AAPL FEB 2 2018 167.5 Put @ 2.89
Sold AAPL FEB 2 2018 165.0 Put @ 2.00

EDIT….might add calls on a bounce

SPX

#RocketManHedge – Posting from seat 14F somewhere above and slightly west of @Iceman … 🙂

This sale insures a breakeven on my March hedge….still may eventually roll it around a little more to possibly make a buck or two…

Bought to Close SPX JAN 31 2018 2750.0 Put @ .30 (sold for 3.70)

Sold SPX MAR 16 2018 2725.0 Put @ 13.50

MCD

BTO MCD BF 177.5/180/182.5 .40 #Earnings
Thanks Jeff

#pietrades #coveredcalls EXAS On Dec….

#pietrades #coveredcalls EXAS

On Dec. 14 I sold a Jan. EXAS 48 put, was assigned, sold a 50 call and had it called away over the weekend. I went to sell a 50 put and the volume for Feb. 2, 50 puts is 12,088. Nothing is even remotely close to this in volume or option interest. Earnings are Feb. 19. Cause for alarm maybe?

KSS

STO Feb 9 KSS 65/64 .17 #Bitty

#shortcalls #shortputs UVXY Closed Feb….

#shortcalls #shortputs UVXY
Closed Feb. 16, 12 put for 2.24, this had been rolled, finally became barely profitable
Sold Feb. 2, 13 calls for .28, following a few

NFLX TSEM

STO NFLX Feb 2 265/262.5 .28 #Bitty
BTO TSEM 37/37/35 .36 #Fuzzy

SPX calls closed

#SPXcampaign Bought to close $SPX Feb 23rd 2935/2960 call spreads for 2.75. Sold Friday for 1.60. I hope I can wait for extended highs like Friday afternoon in my next attempt to sell call spreads.

CME Fuzzy

BTO January 2020 fuzzy for 15.80 debit. If interest rates are going up, CME should benefit a lot.

BTO 155 calls

STO 155 puts

BTO 150 puts as insurance

MCD earnings

#Earnings #CallButterfly Beautiful trend and decent fundamental. Playing for the trend to continue and to end the week near 180.

Bought to open $MCD Feb 2nd 177.5/180/182.5 call butterflys for .40. Max risk: .40. Max gain: 2.10. Breakevens: 177.90 and 182.10.

Biggest UP move: 9.4%, Biggest DOWN move: -7.7%, Average move: +/- 3.2%. Upside bias: +1.3%

SVXY

STO April 20, 75 put @ 2.83

$SVXY

Added a couple more
STO $SVXY Feb 2 $105 puts @ $0.50
STO $SVXY Feb 9 $85 puts @ $0.45

#bearcallspreads $UVXY Sell to open…

#bearcallspreads $UVXY

Sell to open Feb 02 11/16 bear call spread. I like to see what ROI is on these triple ETF/ETN instruments. I have noticed when ROI on ATM buy writes exceed 5% it is very unlikely to be called away. SO This one presently offers a 7.74% ROI. I limit my margin/risk by employing a spread. Let’s see if it doesn’t turn down later today or tomorrow.

SPX puts sold

#SPXcampaign Sold $SPX March 2nd 2725/2700 put spreads for 1.55. Staying long and strong.

Rolling NFLX again

Rolled $NFLX Mar 9 275 calls out to Mar 16 260/290 strangle for .70 credit. Watching closely. I may pull the rip cord if this goes much higher.

$SVXY

Did a little short term nibbling this morning
STO $SVXY Feb 2 $11o puts @ $0.60
STO $SVXY Feb 9 $90 puts @ $0.40
STO $SVXY Feb 16 $95 puts @ $1.15
STO $SVXY Feb 23 $85 puts @ $1.00

WYNN

STO January 2019, 90 puts @2.05, I am shocked that there is gambling going on in Vegas.

10year

The 10 year treasury is above 2.70%

Econ Calendar for week of 1/29/18

Be sure to periodically click “Home/REFRESH” to keep Bistro features updated.

JOBS report is Friday at 8:30am ET.

Screen Shot 2018-01-29 at 5.57.54 AM

Jan 26 #Fuzzy I didn’t…

Jan 26 #Fuzzy
I didn’t do a post last Friday….here’s a couple things that happened:
1. IP had a price spike and took out my GTC order for 40% profit on a Gorilla Fuzzy, it has earnings this week.
2. I got uncomfortable with the panic buying into the close so I closed my small DIA Fuzzies for $600 profit
3. A couple new Gorilla Fuzzies: TSEM Feb 34/34/32 for .70 APH Mar 90/90/85 for 2.80
4. New CAT hedged Fuzzy: Apr 165/165/160 for 7.00 Hedged w/ Feb 2 170 for 1.48
5. New CELG hedged Fuzzy for range-bound income: Apr 105/105/100 for 4.87, Feb 2 109 -.74
6. I removed the hedge on my SPY Fuzzy Bear in preparation for a drop (that seems to never come).
I still have Fuzzy Bears on QQQ and SPY, I have short delta trades on HD, PVH, ADBE, MNST (whoops my MNST short delta looks like toast)–just looking for stalling action on those.

Closed Fuzzy Profit for the quarter (including a few weeks in Dec): $49,333. Any longs I take now are smaller and tighter, get closed for profits quickly.

Good morning

Something about this market does not smell right. Look at the SVXY and even though the market goes higher, this is going down. The RSI is below 50 and the volume on the down days is quite high.

TRTN

Trading high yielding #ShortPuts and #CoveredCalls a walk through of the basics from doubledividendstocks.com

https://tinyurl.com/y9uenhqw