#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)
Monthly Archives: January 2018
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.
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.
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
BTO MU Mar 2 43/43/41…
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
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
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
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
Econ Calendar for week of 1/22/18
Be sure to periodically click “Home/REFRESH” to keep Bistro features updated
GM “EAGLES”
GM “EAGLES”
NEW 24/5 trading
Updating some watch lists and I noticed a new little symbol next to a few of them. A little “24” inside a circle. Apparently it means these are now available for 24/5 trading similar to futures. No idea when it starts or what the deal is…
The symbols I’m seeing so far:
EEM, FXI, GLD, IWM, QQQ, SPY, TLT, UNG
#spycraft No panic at the…
No panic at the futures open tonight. Will hold on doing anything with the /ES strangle. However, once the government is open for business market will probably keep chugging higher so me may close the call side soon.
Go Eagles!!
Go Eagles!!
#pietrades A few names to…
A few names to add
GLW (corning) for smaller accounts
AXP for medium accounts
QQQ for medium to large accounts
IWM for medium accounts
FSLR for medium accounts
TNA and FAS for medium
ERX for small to medium
SMH for medium
HD for large accounts
TAP for medium (beer money) 🙂
DIS for medium
Anyone else who finds others please post. 3 simple rules, stays in a range, good weekly premiums, and should have weekly options (not a requirement but makes management easier).
KR #syntheticStock – “To Hedge…
KR
#syntheticStock – “To Hedge or not to Hedge that is the question”
I entered the July trade 28/28/26 with a total debt 3.65 requiring 0.14 a week to cover. At the time of opening the trade I missed selling a hedge call, position started moving in the right direction so I decided to hold back, that is until Friday when I sold 02/02 31 at 0.17. The way the trade was going makes you wonder if you’re sometimes better off not to Hedge, or at which point to cover.
Would appreciate any thoughts on this.
Too busy to post trades…
Too busy to post trades yesterday, not much just some clean up.
SWKS rolled 102 and 104 puts for 1 DTE and 7 DTE for 0.94 and 0.60 credits. Sold for 4.15 and 5.25 after rolls. I was ready to close out the #fuzzy on this at max profit, then it dropped 3 points yesterday. So will roll a few more times until I can close it at a profit. Had recovered the 17 point drop, now need 3 more for some profit.
Lost my chicken scratch trade sheet but I also rolled some SVXY puts around 100 out 28 DTE for 1.35 credits.
#spycraft may need to close the /ES strangle 2615/2910 39 DTE depending on what the futures does at the open Sunday night. @fuzzballl cue the chicken, maybe.
If we are down 25-50 points will actually be perfect. We start moving more than that will probably just close. Be ready for anyone else in this trade. We have a lot of range to play with, but I don’t have a lot of margin left so for me will be a necessity to close if it starts going negative. If this were next week, no problem, have some big trades closing but my margin cushion is thin this week.
WYNN…grrr
#Earnings -They pull this crap every quarter. How can you wait until Friday after the close to announce earnings will be before the open on Monday. Wanted to sell calls against my bull put spreads for earnings.
Wynn Resorts Announces Fourth Quarter Earnings Release Date
LAS VEGAS–(BUSINESS WIRE)–Jan. 19, 2018– Wynn Resorts, Limited (NASDAQ: WYNN) announced today that it will release the Company’s financial results for the fourth quarter ended December 31, 2017 prior to the market open on Monday, January 22, 2018, followed by a conference call at 9:00 a.m. PT (12:00 p.m. ET).
There…I feel better after venting a little…
Jan 20
I think the #FuzzyTwist is a no-bueno trade. Only works well with strong movement in either direction, negative theta very strong on it. The enemy of the trade is consolidation. We’ve got a binary open on Monday with the government shutdown, so we’ll see how it does, but I’m pretty ready to kick it to the curb.
Option Expiration
Only one since I took December off. Lazy sod.
SVXY 120 Puts
Have a great weekend all.
Last Minute Fill Earnings NFLX BUPS
#earnings
$NFLX STO 1/26 212.50/217.50 BUPS @ 2.11
Have a nice weekend
Watch that ten year t-bond
Options Expiration for Jan monthly
A much larger than usual expiration, mostly because I let these gains run into the new tax year and by then, most of them were so far out of the money they weren’t worth closing. Of course the insane bull market was a big help as well. In any event, looking for the return of volatility so I replace a lot of these positions. My theta numbers have gotten way too low. All of the following expired.
$AAPL Jan 19 140 puts
$AGN Jan 19 160 puts
$AKAM Jan 19 40 puts
$AKAM Jan 19 37.50 puts
$ALXN Jan 19 85 puts
$ALXN Jan 19 60 puts
$APA Jan 19 35 puts
$BA Jan 19 270 puts
$CAH Jan 19 60 puts
$CAT Jan 19 140 puts
$CAT Jan 19 60 puts
$CELG Jan 19 85 puts
$CHRW Jan 19 60 puts
$CHRW Jan 19 55 puts
$CMG Jan 19 275 puts
$COST Jan 19 183 puts
$CSX Jan 19 50 puts
$CVS Jan 19 65 puts
$DUST Jan 19 80 calls
$DUST Jan 19 90 calls
$DUST2 Jan 19 30 calls*
$EFX Jan 19 50 puts
$ESRX Jan 19 47.50 puts
$ESV Jan 19 5 puts
$FLR Jan 19 40 puts
$FOSL Jan 19 8 puts
$GILD Jan 19 47.50 puts
$GWW Jan 19 210 puts
$GWW Jan 19 130 puts
$HES Jan 19 42.50 puts
$HP Jan 19 40 puts
$IBB Jan 19 66.67 puts
$ILMN Jan 19 115 puts
$ISRG Jan 19 410 puts
$LRCX Jan 19 165 puts
$M Jan 19 20 puts
$MOS Jan 19 19 puts
$MYL Jan 19 30 puts
$MYL Jan 19 27 puts
$NUGT Jan 19 58 calls
$NUGT Jan 19 66 calls
$NUGT1 Jan 19 17 calls*
$NUGT1 Jan 19 18 calls*
$NUGT1 Jan 19 19 calls*
$NUGT1 Jan 19 20 calls*
$NUGT1 Jan 19 25 calls*
$NUGT1 Jan 19 30 calls*
$NVDA Jan 19 120 puts
$PG Jan 19 80 puts
$QQQ Jan 19 148 puts
$QQQ Jan 19 147 puts
$SBUX Jan 19 50 puts
$SIG Jan 19 40 puts
$SJM Jan 19 105 puts
$SJG Jan 19 100 puts
$SQ Jan 19 35 puts
$SVXY Jan 19 65 puts
$TAP Jan 19 75 puts
$TAP Jan 19 70 puts
$TRIP Jan 19 30 puts
$TSCO Jan 19 50 puts
$UHS Jan 19 90 puts
$UVXY Jan 19 60 calls
$UVXY1 Jan 19 55 calls*
$UVXY1 Jan 19 60 calls*
$UVXY3 Jan 19 60 calls*
$WDC Jan 19 70 puts
$WDC Jan 19 60 puts
$XOM Jan 19 67.50 puts
*pre-split strikes
No assignments.
Have a great weekend everyone. If anyone is going to the SMM/OMM dinner in NY with Iceman on Monday, have a great time and please have a drink for me. Or at least some mu shu.
Options Expiration
$GS 345/255 BUCS
$SPX 2575/2600 BUPS Thank you @jeffcp66
$AA 59 call
$BAX 65 put
$SVXY 30 put Thank you @jsd501
$SVXY 37.5 put Thank you @jsd501
$SVXY 42.5 put Thank you @fuzzballl
$77.5 put
$XOP 34 put
$T 36 put
$TAP 75 put Thank you @ice and @fuzzballl
$TAP 77.5 put Thank you @ice and @fuzzballl
$KBH 27 put
$TWTR 20 put
$WUBA 75 put
$EGBN 55 put Thank you @honkhonk81
$NTNX 35 put
$BABA 155/165 BUPS
$AAPL 155/165 BUPS
$AGN 160/170 BUPS
$GS 230/240 BUPS
$RCL 120/123 BUPS Thank you @smasty160
$NFLX 165/180 BUPS
$AMZN 1030/1080 BUPS Thank you @jsd501
$AMZN 110/1130 BUPS
$SPXW 2715/2740 BUPS Thank you @jeffcp66
$NFLX 210/215 BUPS
Got crished on a $BA 310/300 BECS Just cannot get out of some trades
$MTN and $TRN Long calls expired worthless. My account is now worth less. 😉
Thanks to everyone. Enjoy the weekend. NY metro area a little warmer this weekend. Wash the car.
OptionsExpiration
$C $72.5 puts
$SVXY $25 puts
$SVXY $45 puts
$SVXY $65 puts
$SVXY $110 puts
A pretty small expiration for a Jan Monthly for me. Was very reserved putting on new short options positions during the fall.
OPTION EXPIRATION, 1/19/18
EGBN 1/19/18 55.0 PUTS EXPIRED
EGBN 1/19/18 65.0 CALLS EXPIRED Closed @64.95 Whew!
NTNX 1/19/18 35.0 CALLS EXPIRED
KODK 1/19/18 10.0 CALLS EXPIRED Closed @9.95 Whew! Was a rush watching the MM’s pining these two stocks.
KODK 1/19/18 12.5 CALLS EXPIRED
KODK 1/19/18 15.0 CALLS EXPIRED
Have a safe and great weekend everyone.
Expirations, a big one for me
In the IRA: SVXY
25 puts, 27.5 puts, 30 puts, 40 puts
In the trading account:
CELG, 115 covered calls
CELG ,100 puts
HRL, 35 covered calls
QCOM, 60 covered calls will be assigned
LRCX 160 put
SJM 95 puts
WDAY, 90 put
SVXY, 37.5 calls, 90 calls, 92.5 calls, 95 calls, all are covered
SVXY, puts, 22.5 p, 25p,27.5p, 30p, 35p, 37.5p, 40p, 42.5p, 45p, 47.5p, 50p, 60p, 65p, 66p, 70p, 75p
Final trades and expirations
#SPXcampaign
Sold $SPX Feb 16th 2710/2685 put spreads for 1.55.
#Earnings
Closed $AA Jan 19th 53.5 puts for .45, sold in strangle for 1.00 on Wednesday.
Closed $STZ Jan 19th 220 put for 1.60, sold for 2.35 on 1/4.
#OptionsExpiration #ContangoETFs
$DUST 30 call, sold for 1.50 on Nov 30th
$AA 59 calls, sold in strangle for 1.00 on Wednesday.
#coveredcalls $SVXY BTC Jan 19…
#coveredcalls $SVXY
BTC Jan 19 $120 call for $12.65, got greedy earlier today when price touched $11. Still made 0.50 per contract. I am allowing the second tranche of 120 calls to be exercised on stock bought for $135.4. I sold this tranche for $15.20, so net slight loss on exercised portion. Overall trades were slightly profitable.
IRA also had covered call $134 covered call. I previously rolled out Jan 19 $134 out 1 week for $2 credit. Net cost per share $130.25. Next week may be challenging as we appear headed lower short-term.
Expiring today
ULTA, WDC, LNG,SPX and 1 loser DHI
SPX puts closed
#SPXcampaign Closed $SPX Jan 22nd 2780/2755 put spreads for .60. Sold for 2.10 as a roll on Wednesday.
AGN
#SyntheticStock – Actually caught the breakout on this one. Looks due for a rest so keeping weekly sales close and will book the trade if overall delta approaches zero.
Rolled AGN JAN 19 2018 180.0 Calls to AGN JAN 26 2018 182.5 Calls @ .25 credit
Short Puts CMG / Closed Early AA
#shortputs
$CMG STO 2/2 330/335 BUPS @ 1.40
Closed Early
$AA BTC 1/19 53.5 puts @ .40 STO as part of earnings strangle at .43. Call will expire. Thank you @jeffcp66
Closing STZ
This was an earnings trade from @jeffcp66.
I didn’t like the way it was acting a few minutes ago so I closed it for a small profit. I may have been too early since it’s starting to recover.
BTC STZ 1/19 220 puts @ 1.86. Sold for 2.20 on 1/4.
BIIB earnings on 1/25
BIIB earnings on 1/25
MAT
#Fuzzy #SyntheticStock – I’ll take shot since @Iceman pointed this out. Big squeeze on the daily with 50ma turning up. Decent weekly premium as well. Earnings in two weeks…
July 16/16/14 synthetic long with disaster put @ 1.60 debit and 3.60 max loss
3.60 max loss with 26 weeks remaining need to sell 14 cents per week to cover worse case scenario
So:
Sold MAT Jan 26 2018 17.5 calls @ .27
Tastyworks
This is a cool feature. Sort your watchlist by earnings date and easily see if it’s before or after the bell. Very nice!
GWW
#IRA – Filled on another small one. Risk reduction…former #FallingKnife trade.
Bought to Close GWW APR 20 2018 160.0 Put @ .90 (sold for 3.80)
#shortputs OKTA
Sold Feb. 16 30 put for 2.00 potential #pietrade
NFLX Earnings
#Earnings -Thanks @Jeff for the reminder. Taking a page out of my “Turbocharge Your Fuzzy” post from last week. Looking at NFLX…where would I be happy setting up a #Fuzzy or a #SyntheticStock position? I would say right where Jeff was selling at the 50ma looks pretty good. If it doesn’t get there then great premium. If it does get there I can live with the entry for a new long position.
Sold NFLX JAN 26 2018 205.0 Put @ 2.69
Sold NFLX JAN 26 2018 202.5 Put @ 2.13
Sold NFLX JAN 26 2018 200.0 Put @ 1.68
EDIT…strange numbers on the fills since I did it as a single entry for 6.50 total.
Earnings trades
#Earnings
BTC $STZ Jan 19th 220 call for 1.65. Sold for 2.35 on Jan 4th. Still got another one to buy back before the close
BTC $AA Jan 19th 53.5 puts for .60. Sold as 53.5/59 strangles for 1.00 on Wednesday. Still holding more to cover before the close.
Sold $NFLX Jan 26th 200 put for 1.78. They announce Monday after the close so I’m starting my position now in case it rallies higher before the report.
Closing RRC to avoid assignment
Bought to close $RRC Jan 19 16 puts @ .15. Sold for 1.40 on 8/30.
Closing $EFX about 3 months early
Bought to close for near minimum value:
$EFX Apr 20 60 puts @ .04. Sold for 1.45 and 2.00 on 9/13.
$EFX Apr 20 55 put @ .02. Sold for 2.30 on 9/15.
XBI
#fuzzy #syntheticstock BTC Jan19 89call $0.05 STO Jan 9 $0.51… STO Jan26 90call $0.49..
Core is Jun 85/85/82 $5.78….$0.40 per week to cover max loss.
KR
#syntheticStock – Popping out of a tiny squeeze so giving it some room.
Rolled KR JAN 26 2018 29.5 Calls to KR FEB 9 2018 30.5 Calls @ .07 debit
Rolled KR Feb 2 29.5…
Rolled KR Feb 2 29.5 Calls to Feb 9 30.5 .24 debit more room upside
TLT
#PerpetualRollingStrangles – I won’t go into the details but added some protection for the bond collapse everyone is talking about.
Rolled DITM puts out and down
Still sitting on short calls near ATM
Added a June #FuzzyBear for some protection since delta was getting too long
Leaving it unhedged for now. Still enough time to sell to cover max loss…
REGN
#SyntheticStock – This one is working nicely. No crazy moves (yet). Earnings on the horizon (Feb 8 est) so still selling prior to that.
Bought to Close REGN JAN 19 2018 380.0 Call @ .20 (sold for 1.80)
Bought to Close REGN JAN 19 2018 380.0 Call @ .25 (sold for 1.80)
Sold REGN JAN 26 2018 380.0 Call @ 3.00
Sold REGN JAN 26 2018 380.0 Call @ 3.10
Strange fills. One for 2.80 credit and one for 2.85…
ISRG
#CoveredCalls – Earnings next week so rolling out but not up. I’d rather have the downside cushion. Love the premium in an earnings week. Wish they were all like this…
Rolled ISRG JAN 19 2018 420.0 Call to ISRG JAN 26 2018 420.0 Call @ 5.85 credit
GLD
#SyntheticStock -weekly getting run over again and I was very careful selling them… 🙂 Hard to predict that move (again). Trade is out to 2020 so plenty of time. Debit roll picking up 1.07 of upside.
Rolled GLD FEB 2 2018 122.0 Calls to GLD MAR 16 2018 124.0 Calls @ .93 debit (that erases all the weekly sales so far)
$SVXY Sold Feb 16th 100…
$SVXY Sold Feb 16th 100 Puts @ 2.05. with SVXY @ 131.90. Should have ask for more
ADSK
#SyntheticStock – I’ve got 2 of these going…
ADSK #1:
Rolled ADSK FEB 9 2018 108.0 Calls to ADSK MAR 2 2018 111.0 Calls @ .69 debit (picking up 2.31 of upside)
ADSK #2:
Bought to Close ADSK JAN 19 2018 115.0 Calls @ .05 (sold for .47)
Sold ADSK FEB 2 2018 116.0 Calls @ .95
UNG and Tastyworks
#SyntheticShortStock – Just for fun I funded an account over at tastyworks. Taking a short position in UNG with spring right around the corner. Also, it’s a slow mover with a slight bit of contango in it and just reversed split recently. Low maintenance to get accustomed to the platform over there. So far I like it.
Haven’t found a place to copy and paste my trades to here so I’ll go the brief route:
Jan 2018 25/25/27 synthetic short with disaster call @ 2.23 debit and 4.23 max loss
4.23 max loss with 52 weeks remaining need to sell 8 cents per week to cover worse case scenario
So:
Sold UNG Jan 26 2018 puts @ .22
#shortputs TRTN Sold feb. 16…
#shortputs TRTN
Sold Feb. 16 35 put for .90, TRTN down a little over 1.00 to upper 37s
Seeing STZ
#earnings
Closed “Early”
$STZ BTC 1/19 210/220 BUPS @ 1.90 STO @ 1.75 Small loss
MU, EXAS
#Fuzzy – BTC MU Jan19’18 45 calls for 0.03, sold for 0.31. Looking to sell for next week.
STO EXAS Jan26’18 51.5 calls for 0.80
CELG
STO February 16, 115 covered calls @ .78
Closed Early GS Earnings Trade / Rolled NTNX Put / Earnings AMZN
Rolling #CoveredCalls Won’t have much…
Rolling #CoveredCalls
Won’t have much access to the market this afternoon so taking care of a couple of rolls this morning.
Rolled $ATVI Jan 19 $65.5 calls to Feb 2 $66 calls for even
Rolled $RCL Jan 19 $124 calls to Feb 2 $125 calls for $0.65 credit
SPX calls sold
#SPXcampaign Sold $SPX Feb 9th 2875/2900 call spreads for 1.55. Missed the fill at highs and got caught in the plunge. I sold no call spreads in this expiry last week because we were in an Upside Warning.
Good Morning
Good Morning
Closed Early SPX SQ / SPX Campaign / Short Puts WYNN SVXY / Short Calls EXAS
$SPX STC 1/19 2765/2785 BUCS @ 18.70 BTO @ 2.92 Thank you @jeffcp66
$SQ BTC 1/19 35/40 BUPS @ 65% profit
#spxcampaign
$SPX STO 1/22 2755/2780 BUPS @ 2.20
#shortputs
$WYNN STO 1/26/170/175 BUPS @ 2.20
$SVXY STO 2/9 110 puts @ 3.00 Thank you @fuzzballl
#shortcalls
$EXAS STO 1/26 50 call @ 1.80 I will probably be assigned some stock tomorrow. If these are called away my position size would stay the same.
Jan 18
Not a lot to report here. The SPY double #Fuzzy performed well today (but really, and @hcgdavis already knows this, it’s just kind of a glorified double calendar–I doubt it will stay in the toolbox. It was nice to have a day where hedges actually got to work a little.
I’m working on a new Fuzzy derivative. Anyone a Don Kaufman fan? Don is at a site called Theo Trade. He sent out a video (free) last night for a trade called a “Risk Twist” trade. Perfect for continuing with trend participation without fear of reversal. His trade is a 7DTE 85-delta long call coupled with a 90-day broken wing reverse 1×3 put butterfly. I know, that’s a mouthful. It’s kind of a franken-fly. I modeled it, it was ok. Net long delta gives you trend participation, coupled with some protection. But I knew I (we) could do better! I must say I’ve got a couple great Fuzzy partners that help with tweaking and testing of fuzzies, @MamaCash and @Kathy111.
Enter…the “Fuzzy Twist” 7DTE 85-delta long call, 90 day Fuzzy bear (unhedged). This is a pretty nice trade for trend continuation (at extensions) with downside protection that kicks in almost immediately.
I put a bunch of them on today to gauge performance. Here’s one you can throw into an analyze tab to check out, pay attention to the t+1 line (purple line):
QQQ:
1. Jan 26 161 call @ 4.71
2. Apr -165 call @ -5.29
3 Apr 165 put @ 4.84
4. Apr 167 protective call @ 4.21
I’ve got these on the Q’s, SPY, DIA. You can be sure I’ll report back on their value, but I’m kind of psyched that it’s a tool to keep me in the trend at extensions.
Sue
SteadyOptions Trial
Taking a free 10 day trial here. Been following him awhile on Twitter and seems to do pretty good. Specializes in buying pre-earnings straddles. Maybe I can stumble on to something here that we can use…similar to some Whiz trades that eventually became the #SyntheticStock and #Fuzzy trades here.
Would be fun to have pre, current, and post earnings trades going!
I’ll keep you posted. 10 day trial and then I’ll probably stick around another month with earnings really cranking up….
https://steadyoptions.com/
No trades…
…just a theta decay day for me. If we get government shutdown, will it be a BTFD or something bigger? If they avert it, will another blistering rally commence?
Have a good evening
I am off to the gym.
#goldminers $NUGT BTC Jan 19…
#goldminers $NUGT
BTC Jan 19 $31.5 for $1.90, sold Jan 2 for $2.90. Not as good as expected but it could have been much worse. I own stock at $38 from Sept 14 near its peak, when will I learn about stops?
SPX March Hedge
#RocketManHedge -Last put sale was aggressive and open to a lot of whipsaw risk so closing it until after the shutdown gets resolved. Plenty of time to re-sell next week and still get out of the overall hedge in the green.
Bought to Close SPX JAN 19 2018 2790.0 Put @ 4.10 (sold for 9.70)
Market
We have broken above the 2.60 level on the TNX but, I want to see if we stay above that level or this is a false start. If we stay above 2.60, the next resistance is 3%. Not good for stocks if it breaks 3%. If we go into backwardation on the SVXY, we could see a big move because I think there are a lot of shorts in the futures contracts and when it turns, there is no liquidity.
BTO SPY Feb 9 278/280/278…
STC (I think) SPY Jan…
#coveredcall $SVXY Well the $134…
#coveredcall $SVXY
Well the $134 Jan 19 covered call bought yesterday for $131.50 went south pretty fast. I rolled the Jan 19 $134 call to Jan 26 for a $2 credit this morning when SVXY near bottom ($129.80.) Funny now it is back over $134.
#pietrades #shortputs AMAT I saw…
#pietrades #shortputs AMAT
I saw AMAT in the list, I have a 52.50 put expiring tomorrow, so I sold a Jan. 26 57.50 for 1.09, stock is at 57.58, apparently recovering from the chip issue
AAOI
#ShortStrangles – Still slogging away on this. Considering tripling the size and rolling it into #SyntheticStock . Might get me out of it sooner..
Bought to Close AAOI JAN 19 2018 37.5 Calls @ .05 (sold for .90)
Sold AAOI JAN 26 2018 34.5 Calls @ .70
SPX
Why are there 2 different options showing tomorrow’s date? Is there a PM settled on the monthly expiration now along with the usual one that settles at the Friday open on monthly expirations?
Options Bistro 