QQQ #Longcalls #Leaps #Shortcalls I decided to follow along in the TQQQ trade but with a little less intensity as I gain experience with this. Bought Jan 17th 2020 161 Call at 19.50 with Qs at 161.33 My price discovery was a bit too aggressive and was filled immediately even though I was below the mark. Sold the April 13th 162 Call @ 1.02 with Qs at 161.20.
#SyntheticStock – Another week…killing time waiting for the real bounce. Earnings on May 3rd….
Bought to Close REGN APR 13 2018 340.0 Calls @ .30 (sold for 2.85)
Sold REGN APR 20 2018 337.5 Calls @ 2.20
BTC $UVXY April 20th 26 calls for .25. Sold for 1.45 on April 2nd.
BTO $UVXY May 18th 40 call for .30. Adding to my position, which is cheap long calls to hedge the sale of higher-premium, lower-strike calls.
For those that are interested, and there are now multiple expiration cycles on the options. No weeklies yet but I my hands, er account dirty again.
Sold $NUGT Jan 17 2020 55 call @ 5.60. Highest strike in Jan 2020. 1 contract. Will add as/if premium increases or higher strikes become available.
#LongCalls #LEAPS #BullCallSpreads – Thanks @jsd501 for the nice reminder on this ticker. Great premium for setting up a longer term position. As an experiment, I’m buying the Jan 2020 call spreads 100 points wide. TOS is showing an expected move of +/- of 100 points out to 2020. This reduced my entry cost (but caps long term profits).
Bought to Open TQQQ JAN 17 2020 150.0/250.0 Bull Call Spreads @ 28.30
92 weeks for the trade to run so only need 31 cents per week to cover the cost. Goal is to get it covered much sooner and keep selling against the position.
Sold TQQQ APR 20 2018 155.0 Calls @ 3.30
BTO 2020 150 calls at 42.42 and STO April 27, 160 calls @ 2.90
I need .46 cents a week to break even.