FAS

#LongCalls #LEAPS – Just noticed a fill in my little Tastyworks account…hopefully a little pop in the morning to sell next week.

Bought to Close FAS MAY 4 2018 67.0 Calls @ .05 (sold for 2.55)

Daily Recap @ TT: Market…

Daily Recap @ TT: Market Measures: SPY & VIX: Inverse Strategy Results
https://tinyurl.com/yayqpbag

STMP Earnings

#Earnings – Tough fill…

Sold STMP MAY 4 2018 200.0/260.0 Strangle @ 5.41

CAH #FallingKnife Sold $CAH Dec…

CAH #FallingKnife
Sold $CAH Dec 21 40 puts @ 1.30

PYPL

#LongCalls #LEAPS – LMAO…a fat finger finally helped me. Was so busy this morning when I sold next week’s weeklies I just noticed I only sold 1 instead of 10. Stock up nicely now so adding the rest. Makes up for some of my fat finger losers! 🙂 🙂

Half strike higher and 13 cents more…

Sold PYPL MAY 11 2018 74.5 Calls @ .81

VXX FAS

#BearPutSpreads – To make room for a FAS position in this account something has to go. Tired of looking at these so booking them. Been gradually reducing basis for awhile now so decent gains.

Sold VXX JAN 18 2019 50.0/30.0 Bear Put Spreads @ 12.80 (bought for 10.10)
Sold VXX JAN 18 2019 45.0/35.0 Bear Put Spreads @ 6.47 (bought for 6.01)

Using VXX buying power to start a half position in FAS in this account….

Bought FAS JAN 17 2020 62.0 Calls @ 14.25

Sold FAS MAY 11 2018 63.5 Calls @ .85

#PieTrades with the LMT ex…

#PieTrades with the LMT ex div approaching in a few weeks, I’m adapting the Pie Trades for assignment. Rather than sell puts, I’m selling 1×2 put ratios just to get a tad more downside. This week’s trade covered today for 78% profit. Opened a new one for next week (May11): +1 307.5 put, -2 305 put for net cr 2.06, BE is $300.44.

#pietrade