Another lesson in not trading naked calls/strangles in individual names. ANDV most recently TSO is up 24 points in the last 3 days. Apparently buyout by marathon oil.
#jadelizard trades for individual names, strangles only in indexes………
I had a strangle briefly a few weeks ago as a recovery, good thing I unwound it. I will take lucky over good some days!!
Just saw that I got filled on this:
Sold $MYL Oct 19 30 puts @ .76
$K #FallingKnife – looking at the 50 Puts
#LongCalls #LEAPS – Filled 10 seconds before the close. No time for the triple dip but the double dip paid off. Second batch this week…
Bought to Close PYPL MAY 4 2018 75.0 Calls @ .05 (sold for .50)
$GILD #FallingKnife – looking at the 60 Puts
#SPXcampaign Closed on GTC order: $SPX May 17th 2775/2800 call spreads for .20. Sold for 1.55 on April 20th.
$TAP #FallingKnife – looking at the 55 Puts