SPX roll

#SPXcampaign #Rolling Sold $SPX Apr 25th 2680/2655 put spreads for 5.65 after the bell, as a roll from the spread stopped earlier.

BABA roll

#CoveredCallCampaign #ShortPuts

Closed $BABA Apr 20th 190 put for 7.95, to avoid early assignment tonight. Sold for 3.85 on March 15th.
#Rolling Sold BABA May 4th 187.5 put for 9.55. Moved down a strike and after earnings.

#earnings #shortstrangles SKX Sold May…

#earnings #shortstrangles SKX

Sold May 18, 37/47 for 1.70

Covered Call CBOE / Falling Knife (?) URI BUPS

$CBOE STO 5/4 113 call at 1.20 (covered)
$URI STO 5/18 150/160 BUPS at 1.60 Falling Knife?

Rolling OLED

With earnings on 5/3 I decided to roll my ITM Apr 20 100 puts out only 1 week, for .85 credit, instead of going into the May expiration and having earnings in the cycle. I figure I’d give it another week to recover a bit and maybe be able to take it off by next Friday. With the credit, basis has been reduced by 2.25 so I would need the stock at 97.75 or higher next Friday to be able to do that.
Rolled $OLED Apr 20 100 puts out to Apr 27 100 puts for .85 credit.

#FallingKnife trades Thanks to @optioniceman…

#FallingKnife trades
Thanks to @optioniceman for the ideas.
$CLX Oct 19 100 puts @ 1.35
$PM Sep 21 75 puts @ 1.70
$HSY Nov 16 80 puts @ 1.35
$ADS Jun 15 180 puts @ 1.50
$ADS Sep 21 150 put @ 2.00 (lowest strike)


#SyntheticStock – BTC EWW Apr27’18 55 calls for 0.07, sold a couple days ago for 0.31. Gonna wait and sell more calls for next week after I see if EWW bounces off the 200 day sma, which it is hitting.


#BullCallSpreads #LEAPS -Going back into the belly of the beast with something more realistic to the upside. Buying a narrower spread but using two contracts instead of one. Also, a lower debit so easier to get it covered and be risk free. Let’s see if 600ish can hold…(not looking good so far). A bounce back up to the 200ma resistance would be a good point to take profits. Buying the vertical below and selling the weekly at it.

Bought to Open AZO JAN 18 2019 600.0/620.0 Bull Call Spreads @ 9.95

39 weeks to run so needing 26 cents per week to cover. I’m going for way more than that to get the risk off as soon as possible…

Sold to Open AZO MAY 4 2018 625.0/645.0 Bear Call Spreads @ 2.70


#Fuzzy – BTC XBI Apr20’18 92 calls for 0.03, sold for 0.38. STO XBI Apr27’18 92 calls for 0.47.


#BearPutSpreads – I’ve been selling against my Jan 2019 50/30 Bear Put Spreads….trying to gradually cover the debit.

Sold VXX MAY 4 2018 39.0/35.0 Bull Put Spreads @ .71