Mu April 13th 49 Put
OIH April 13 25 Put
XOP April 13th 36.5 Put
Spring has spring in the Carolinas
Have a great weekend all
$SPX 2625/2650 BUPS Thank you @jeffcp66
$SPX 2575/2600 BUPS Thank you @jeffcp66
$SPX 2720/2710 BECS Thank you @jdietz1954
Everyone have a great weekend. Playing golf first time this year out on Long Island.
A beautiful day to go with a wonderful Bistro. Thanks to all.
$NFLX Apr 13 282.50/295/315/325 iron condor
$UVXY Apr 13 20/30 BeCS
Have a great weekend everyone.
#Fuzzy Land–Alligators and Atomics 🙂 (and Atomic Alligators)
Hi Everyone! Pretty soon this craziness will begin feeling like normal. I’ve got a nice mix of #Alligator traps and Alligator snaps and Atomics that are keeping my account balance relatively stable. After the conversation w/ @fuzzballl on my last post about Alligator Fuzzies, I put the suggestions side and by side and landed back on my original configuration for them. They work really well for long side and short side configs. My SPY beta-weighted deltas are 700, that’s pretty low for me, but it’s giving me stability.
GLD–I’ve got a long #Atomic Fuzzy on this, so no short term hedges. June 128c/128p/125p x 10, 130/134 call credit spread x 14.
FB–I’ve got an Atomic Alligator on this one, a combo. It’s kind of a franken trade w/ mixed expirations, but it’s a short trade around a May 25 165/165/167.5 Fuzzy bear.
IWM–Lots of Alligator traps (bullish) on this, May 153c/153p/150p/ 156c/159c / 156c.
JPM–Today on the dip I put on an Atomic Alligator: May 110/110/105 x 5 @2.08, 115/120 call credit spread @ .99 x 10 (this gives a core trade debit of .10), Apr 20 113 call @ .61 cr x 5.
Q’s and SPY: This is where I have layered in a lot of mixed Alligator traps (bullish) and Alligator Snaps (bearish). It’s a lot to keep an eye on, but having both sure helps with stability on account balances.
SPX: I’ve got a 1-lot Alligator Snap (bearish) on this: May 2665c/2665p/2670c/ 2615p/2595p 2615p
I can imagine someone new reading this post will be scratching their head. I think you can pull the #AlligatorFuzzy for an explanation of the Alligator setup. It’s a mix of a regular fuzzy and Atomic fuzzy. But hit me up if you have any questions.
Have a nice weekend everyone!
#OptionsExpiration – Actually had a couple today….
AZO 640/670 BeCS (sold for 2.65)
OLED 103 Calls (sold for 1.95)
Flying at 30,000 feet and I can’t load SPX options into the IB platform. Need to sell a call spread, dammit. Guess I could do 60 SPY spreads instead.
On the big move down after earnings, sold some puts in the 6/1 weekly, well below the 200 dma.
Sold $JPM Jun 1 100 puts @ 1.04-1.05.
I wonder if we will get a strike on Syria this weekend? It could be a reason for the weakness tody along with the other political stuff.
#ShortStrangles #SyntheticStock – Adjusting to protect myself against some sort of a crazy buyout. Short next week’s 27/31 Bear Call Spreads. Stock has rallied so booking the gains on the long 31’s and buying more calls out and up. Pocketing the difference and maybe using that to finance the 27 roll.
Sold to Close AAOI APR 20 2018 31.0 Calls @ .70
Bought AAOI JUN 15 2018 50.0 Calls @ .35
SQ….Getting back into this one…BTO Jan 20 47 calls….need 0.15 per week to cover…STO next weeks 51 call for 0.35….#longcalls #leaps #syntheticstock