#pietrades Did not have time…

#pietrades

Did not have time to post but at lunch converted my UTX short puts and NSC short puts into strangles. Both going into earnings.

Normally I don’t do this on individual names, but trying to stay in some trades just a little longer to let theta do some work. As soon as I have a profit will close and roll down.

STO 24 DTE NSC 141 call for 0.6. Now have 127/141 strangle.
STO 24 DTE UTX 131 call for 0.6. Now have the 122/131 strangle.

I was looking at doing the same with XBI but is tearing to the upside. As soon as momentum shifts will add call side.

Closed Early / SPX Campaign

Closed Early
$MTN 4/20 BTC 210 Put at .30 STO 12/4 at 6.90 Thank you @jdietz1954
$SPX 4/20 BTC 2480 put at 6.00 STO at 12.50 2/3 of trade still open. Thank you @hcgdavis
$FXI BTC 4/20 51 call at .08 STO at .60 Thank you @thomberg1201

#spxcampaign
Following @jdietz1954
$SPX STO 4/13 2720/2710 BECS at 1.40 Thank you

#SPXcampaign BTC April 13th 2575/2570…

#SPXcampaign BTC April 13th 2575/2570 BuPS for 0.40 Sold yesterday for 1.05

SPX calls sold

#SPXcampaign Sold $SPX May 11th 2825/2850 call spreads for 1.75.

#OIL – the entire oil…

#OIL – the entire oil complex is up today, especially Independents and Oil service companies.
S&P500 dividend payers in this industry listed below are up 4% to 7% today
$FTI $DVN $RRC $HP $PXD $BHGE $NOV $EOG $MRO $XEC $EQT $HES $NBL $SLB $APC.
All of these were former #FallingKnife trades a few month ago. Several are still close enough to the base that they put in that selling PUTS below recent support would still be low risk.
JMHO

MU

BTO May 18 50/50/48 Bull #Fuzzy 2.77
STO Apr 20 54 Call .46

FB

Looks like the market is happy with the testimony so far…