Jeff, are you still holding $SPX Mar 21st 2710/2735 call spreads? I opened the 2715/2740 and just wondering what your plan was for rolling.
Daily Archives: Tuesday, March 20, 2018
Short Puts AMZN
#shortputs
$AMZN STO 4/20 1360/1390 BUPS at 1.36
FB #PutRatioJadeLizard I’m focusing on…
FB #PutRatioJadeLizard
I’m focusing on 3-way trades now…theta positive trades with wide profit ranges that will make money with an underlying move in any direction. Lately my fav trade is to combine a put ratio spread (the pit-traders’ fav) with a Bear Call Spread for a Put-Ratio-Jade-Lizard. Here’s the trade I did today on FB:
Apr 6, bought 160 p x 2, sold 157.5 put x 4 for 2.35 net credit, 170/172.5 Call Credit Spread for .70 cr x 2, total credit is 3.05, since it’s greater than the CCS-width there is no upside risk. Break even is 152.60, with max risk being assignment of 200 shares of long stock at that level. So, that allows for a substantial continued downside move, or not. I did the trade awhile ago, it’s already up about 25%.
Sue
p.s. anyone else having trouble w/ email updates on posts? nevermind, my browser notifications were disabled somehow.
p.p.s Nice background Jeff!
OLED
#SyntheticStock – Partial fill on a 2 lot…LMAO!
Bought to Close OLED MAR 23 2018 133.0 Call @ .05 (sold for 1.50)
FB may not end the…
FB may not end the day down 5%, but this is interesting
It does not happen often, but it's happening to Facebook right now. S&P 500 stocks with a market cap of $50+ billion dropping 5% or more on back-to-back days. Here's every instance, and what happened on the third day. Via @OddStats. $FB $GOOGL $NFLX $GE https://t.co/b1MeoGLGt1 pic.twitter.com/oCiRZDe2ti
— StockTwits (@StockTwits) March 20, 2018
#shortputspread FB Tradewise rec for…
Tradewise rec for FB April 20, 155/157.50 for .75
OLED
STO June, 75 puts @.85
STO September, 70 puts @1.85
#shortcallspreads ANET I’m no chartist…
#shortcallspreads ANET
I’m no chartist but it looks like 300 is resistance, sold April 20, 310/320 for 1.75
Long volatility
#VXXGame Added a couple positions on the assumption volatility will remain a bit elevated.
Sold $UVXY April 20th 14 put for 1.05
Sold $VXX Apr 13th 38.5 puts for 1.10
Short Calls EXAS LABU
#shortcalls
$EXAS STO 3/23 49.50 calls at .80 Thank you @honkhonk81
$LABU STO 3/23 95 calls at 2.70 Covered
FB beating
We were all early selling puts on this one. Looking like a decent buying opportunity… I can’t imagine their current troubles will greatly effect profits, but they are taking a bigger toll than I expected.
#CoveredCallCampaign Closed on GTC order: $FB April 6th 190 call for .18. Sold for 1.85 on March 5th.
FDX earnings
#Earnings Selling $FDX March 23rd 240/270 #ShortStrangles. Legging in… so far filled on some 270 calls at .50. Order in for 240 puts at 1.20. This strangle leans bullish based on historical performance on earnings.
Biggest UP move: 11.8%, Biggest DOWN move: -4.5%, Average move: 3.8%. My strikes are about +6.7% and -5.1% OTM.
TQQQ
Rolled the March 23, 195 calls down to April 20, 180 calls for a credit of 4.45
Position is now 180C, 180P, 175P, and April 20, 180 calls
#coveredcalls #fallingknife TRTN
Finally was able to follow Tabortrader with October 40 covered call, couldn’t get filled a couple times, will pick up a couple nice dividends on the way. TRTN has been beaten down to 31, I’m also short Oct. 40 and 35 puts Ive been rolling.
Cool, nice job Jeff
Cool, nice job Jeff
FB
STO May 18, 135 puts @1.15
STO June 15, 130 puts @ 1.20
Happy 1st day of Spring
#OffTopic When I lived in Los Angeles I never noticed, but now that I live in a place that has winter, this is a special day. Refresh your browser for relief from the gloom.
Options Bistro 