#spycraft BTC Jan 12 271.5/275/261/257 IC for $0.20 STO $0.50. Thankyou @hcgdavis
Monthly Archives: January 2018
#syntheticstock rolled my APPL Jan…
#syntheticstock rolled my APPL Jan 5 175 call to Jan 12 for $0.45 credit
AMZN
BTC 1050/1100 January 12, bull put spread @.40, sold at 1.40 on December 21
MGM MU
BTC MGM Jan05’18 34.5 calls for 0.03, STO was 0.24. Waiting to sell for next week.
Thanks to Sue for this ticker! BTO MU Apr’18 +45calls -45puts +40puts for 0.86. STO MU Jan12’18 45 calls for 0.39.
#spycraft Working an order to…
Working an order to close out the Jan 12 261/257 puts and 271.5/275 call IC. Prices look like 0.08 and 0.13 and sold for 0.19 and 0.28. Just a few $ short of the $140 goal for the week but with the market screaming higher today would rather close at a profit now than have to adjust later in the week.
This is a tradestation account so will have to wait until tomorrow to open a new position (stupid way they calculate margin, does not officially close until midnight).
SPX trades
#SPXcampaign Sold $SPX Feb 2nd 2750/2775 call spreads for 1.50
Closed on GTC order:
Jan 12th 2575/2550 put spreads for .20. Sold for 1.45
FB covered call
#CoveredCalls #CoveredCallCampaign
Sold $FB Jan 19th 182.5 call for 1.30.
Expires before earnings
Econ Calendar for week of 1/1/18
Be sure to periodically click “Home/REFRESH” to keep Bistro features updated.
JOBS report is this Friday, 8:30am ET
SPX puts closed
#SPXcampaign These were sold on Friday’s plunging close.
Closed $SPX Jan 2nd 2665 puts for .20. Sold on the 2665/2640 put spreads for 1.30.
Tastyworks news…
#Commissions – Doesn’t help me a whole lot but if you regularly sling more than a 10 lot it’s a big deal.
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Hello, tastynation!
To start off 2018 just right, we want to thank you for your show of unconditional support and irreplaceable loyalty for tastytrade and tastyworks. You are the reason we’re driving change to the financial industry. We’ve not only planned more of what you love, like more live tastytrade shows in 25 cities, more trading tools, more mind-blowing content, more new daily shows – but also stuff that will leave you thinking, “How’d they do THAT?”
tastyworks introduced zero commissions to close trades on Jan 3rd, 2017. Starting tomorrow, on Jan 2nd, 2018, tastyworks is introducing capped commissions for large option trades. This means the most commission you will pay for any single leg option trade is $10* (plus clearing fees). That’s right, just $10* per leg!
Eighteen years ago, when we built thinkorswim, 100 option contracts to open and close was $300+. At the time, we thought $1.50 per contract was cheap. Today, the industry average per contract is about $.70 plus a small ticket charge. So, 100 option contracts today is approximately $150 to open and close at most firms. With tastyworks’ new rate schedule, the same trade will cost $10 in commissions to open, zero in commissions to close and a $20 clearing fee for a total of $30. Compare that rate to any other firm on the planet and remember how good our technology and content is as well. Fees for small options trades (10 contracts or less) stay the same.
But we’re not done. As an added bonus, tastyworks will have twelve monthly drawings for funded accounts (minimum of $2,000) and each month, one customer will win free commissions for 5 years. And no, we haven’t lost our minds. We simply want to do something special and this is just the start.
On the technology side, tastyworks is releasing a new analysis tab, portfolio margin, options on futures, paper trading, an open API, a new scripting language and lots of new mobile features.
So thank you again for the incredible engagement over the past year. You have helped to make tastytrade and tastyworks one of America’s fastest growing financial innovators.
Scott / Woody & the tastyworks team
Kristi / Tom & the tastytrade team
Options Bistro 