#shortputs Afternoon. Sold a few…

#shortputs Afternoon. Sold a few positions earlier today.
QQQ April 27th 165 Call at 0.80 when QQQ was at162.57. Right before the morning spike.
MU April 27th 52 Call at 0.52 when MU was at 50.00
FAS April 27th 65 Put at 1.35 when FAS was at 65.22
OIH April 27th 27 Put at .51 when OIH was at 26.80

MU

STO Calendar May 11 51 call & Apr 27 51 1.47-.55 = .92

NFLX

STO May 11 BePS 300/297.50 2x 1@ .30 & .39 #Bitty

Pivoting on NFLX

Closing the call spread for around 65% of the max profit and flipping it to a put spread to try to catch premium on the other side.
Bought to close $NFLX May 18 365/375 BeCS @ .52 (sold for 1.43 on 4/17)
Sold to open $NFLX May 18 295/285 BuPS @ 1.20 with the stock at 319.82.

Hope I’m not getting too cute here.

Taking off this week’s FB short puts

Closing for a profit while I still can, with earnings on Wednesday.
Bought to close:
$FB Apr 27 150 puts @ .60 (sold for 2.40 on 3/21)
$FB APr 27 155 puts @ 1.34 (sold for 1.60 on 3/19)

CELG

#SyntheticStock – I’ve covered the initial debit but not the max loss on this one. Converting to straight long calls which reduces the amount of max loss that’s needed to be recovered by 65 cents. With this thing winding down in July every little bit helps. Got a chance to be profitable in spite of the stock being nearly 16 dollars below the core synthetic.

Bought to Close CELG JUL 20 2018 105.0/100.0 Bull Put Spreads @ 4.35

Market

This is boring. I am going to the gym and I expect the market to be down when I return. Please don’t disappoint me.

Adding some SWKS

Adding November to my ladder (currently short 70 puts in May and Aug).
Sold $SWKS 11/16 60 puts @ 1.25.

#FallingKnife

DG PYPL

#LongCalls #LEAPS #SyntheticStock -I posted on this subject down below in response to a question and felt it was worth throwing out there again up here at the top. Like to run it by you guys and gals to see if I’m missing anything.

After looking closely over the weekend at my synthetic conversions to just straight long calls or long puts, I’m still happy with those. What I’m having a change of heart on is the selling of the upside of the LEAPS. After looking at the loss of long deltas in the conversion (closing the BuPS to leave just long calls) it just looks like the extra sale against the upside LEAP position gets the entire position way to short. I think there’s plenty to be made with just the basic weekly sales without adding the risk of turning it into a loser on a big rally.

I’m leaving TQQQ as is but closing the others that I had sold that were quite a bit tighter. Just not worth the risk….

Bought to Close DG JAN 18 2019 115.0 Calls @ 2.75 (sold for 2.75)

Bought to Close PYPL JAN 18 2019 100.0 Calls @ 2.08 (sold for 1.93) I’ll take that small loss out of the last weekly sale…

OLED

I was assigned at 97.5 cost basis so sold the May 4, 96.5 covered calls @4.60

CELG

#CoveredCalls #IRA – Assigned some shares at a 95.65 basis. Looking to unload them for any profit.

Sold CELG MAY 18 2018 95.0 Calls @ 1.42

TQQQ

#ShortPuts #IRA – Taking a little off the table…

Bought to Close TQQQ MAY 18 2018 80.0 Put @ .12 (sold for 2.00)

#shortputspread NFLX Sold a couple…

#shortputspread NFLX
Sold a couple May 18, 295/300 spreads at .70.

TQQQ bearish trade

BTO January 2019 150 puts @28.10

STO April 27, 145 puts @3.40

I need .98 cents per week to cover the cost of this trade. I think that with interest rates going up, this should be a good trade to offset my bullish trade on the TQQQ.

SPX trades

#SPXcampaign Closed $SPX May 14th 2675/2650 put spreads for 9.30. Sold Friday for 10.25. Since we did NOT start the week with a nice bounce, I’m exiting this with plans to enter something similar later, perhaps today. Since this is a trade I’ve rolled three times, each time bleeding more, I’m getting out iwht a small profit this time.

Also, in pre-market, closed on GTC order: SPX Apr 27th 2750/2775 call spreads for .30. Sold for 2.35 on April 6th.

VIX

From DK playbook
BTO/STO Jun 20 19/25 BuCS calls 15/12 BuPS Puts .02 Cr.

Econ Calendar for week of 4/23/18

Be sure to periodically click “Home/REFRESH” to keep Bistro features updated.

Screen Shot 2018-04-23 at 6.00.25 AM

NOTE: There may be errors…

NOTE: There may be errors and omissions in this list. Please perform your own due diligence and confirm the earnings date BEFORE entering a trade.

+++++++++++++++++++++++++++

Notable Earnings AM Mon:

ALK, FE, HAL, HAS, KMB, ONB, PHG, TCF

Notable Earnings PM Mon:

ABX, ACC, AMP, AMTD, BRO, CBI, CDNS, CNI, GOOG, HLX, OI, SANM, SLM, TVTY, WHR, ZION

Notable Earnings AM Tues:

ATI, BIIB, BPOP, CAT, CIT, CNC, EDU, FCF, FCX, FITB, FNB, GLW, GPK, HBAN, HOG, JBLU, KO, LLY, LMT, LPT, MAS, MDR, MMM, NEE, PCAR, PHM, PII, QSR, R, SAP, SC, SHW, SLCA, SNV, ST, TECK, TRV, UTX, VZ, WAB

Notable Earnings PM Tues:

AMGN, BXMT, BXP, CB, COF, CREE, CSL, EEFT, EQR, EW, FR, HA, HIW, ILMN, IPHI, IRBT, MANH, MKSI, NAVI, PKG, RHI, SIX, SPN, STL, SVU, TER, TSS, TXN, WRI, WYNN

Notable Earnings AM Wed:

ANTM, AOS, APH, AVY, AXTA, BA, BKU, BSX, BTU, CHKP, CMCSA, CVE, DPS, DTE, ETR, EVR, FLIR, GD, GLPI, GRA, GT, HES, IR, LH, MDCO, NDAQ, NOC, NSC, OC, QNST, RES, ROK, ROL, SRE, STM, TEL, TMO, TPH, TROW, TRVG, TUP, TWTR, USG, VIAB, YNDX

Notable Earnings PM Wed:

AFL, ALGN, AMD, AMGP, AR, AVB, AXS, BMRN, CAKE, CDE, CMG, CNO, CTXS, DRE, EBAY, ESRT, ESV, F, FB, FFIV, GG, GGG, KBR, KEX, KNX, KRG, LM, LVS, MEOH, NOW, OII, OIS, ORLY, PSA, PYPL, QCOM, QEP, RJF, ROIC, RRC, SCI, SEIC, T, TRN, UCTT, UDR, UHS, V, VAR, WRE, XLNX

Notable Earnings AM Thurs:

AAL, AAN, ABBV, AEP, ALKS, ALLE, ALLY, ALXN, APD, AVT, BAX, BC, BEN, BLMN, BMS, BMY, BWA, CCE, CDK, CME, CMS, COP, CRI, CSTM, DHI, DNKN, DPZ, ENTG, EQT, FAF, FCAU, GEO, GM, HLT, HP, HSY, IP, IRDM, IRM, ITW, IVZ, KIM, KKR, LAZ, LEA, LKQ, LUV, MDP, MGM, MGP, MMC, MO, NEM, NLSN, NS, NVCR, ODFL, ORI, OSK, PENN, PEP, PH, PTEN, PX, RCL, RDN, RDS.A, RTN, SAVE, SCG, SHPG, SNDR, SPB, SPGI, TAL, TSCO, TWX, UNP, UPS, VLO, VLY, XEL, ZBH

Notable Earnings PM Thurs:

AEM, AMKR, AMZN, BIDU, BOFI, BYD, CHGG, CUBE, CVA, CXP, CY, DFS, DLR, EHC, ELLI, ELY, EMN, EXAS, EXPE, FBHS, FII, FLEX, FSLR, FTV, HIG, INT, INTC, ISBC, KLAC, KN, LEG, MAT, MHK, MSFT, MXIM, NATI, NOV, NR, NUS, OFC, PEB, PFG, PFPT, RMD, SBUX, SGEN, SIVB, STAY, SYK, TCO, TNDM, TS, VRSN, VRTX, WDC, X

Notable Earnings AM Fri:

ALV, BANC, CCJ, CHTR, CL, CNHI, COG, COL, CVX, D, DM, DOV, ERJ, HMC, IPG, LYB, MCO, POR, PSX, SNY, SPG, TEN, TRP, VTR, WETF, WRK, WY, XOM

Notable Earnings PM Fri:

None