geewhiz112 4:16 pm on Wednesday, May 16, 2018
Tags: Rolling ( 447 ), ShortPuts ( 4,763 ), SPXcampaign ( 2,265 )

Closed NFLX

#shortputs
$ANET STO 5/18 230/240 BUPS at .75 Thank you @thomberg1201

#spxcampaign
$SPX STO 6/15 2835/2810 BECS at 1.65 Thank you @jeffcp66

#rolling
$LABU BTC 5/18 83 call and STO 6/1 88.5 call at 1.00 debit (gained potential 5.5 points if called. Current price 91.90)
$MZOR BTC 5/18 70 put and STO 6/15 70 put at .70 added credit Now if the stock could start rolling upwards. Good thing that all these rolls are keeping me from gathering moss. (Sorry)

Closed Early
$NFLX STC 5/18 300/320 BUCS at 19.50 BTO on 4/9 at 8.40 But I did bite my nails on occasion.

tabortrader 12:36 pm on Wednesday, May 16, 2018
Tags: ShortPuts ( 4,763 )

TGT

#shortputs
Sold to Open $TGT June 15 77.50 puts @ 4.00. If assigned CB 73.60, shares selling at 74.96ish also take 3.31%, .62 div.

fuzzballl 12:11 pm on Wednesday, May 16, 2018
Tags: LEAPS ( 418 ), LongCalls ( 495 )

NOC

#LongCalls #LEAPS – Another week…

Bought to Close NOC MAY 18 2018 330.0 Calls @ .20 (sold for 2.30)

Sold NOC MAY 25 2018 327.5 Calls @ 1.80

Ramie 11:51 am on Wednesday, May 16, 2018

Adding another GUSH

Sold $GUSH Sep 21 57 call @ 2.50. Highest strike.

thomberg1201 11:51 am on Wednesday, May 16, 2018
Tags: CoveredCalls ( 2,200 ), EarlyAssignment ( 19 )

#earlyassignment #coveredcalls TLT Assigned on…

#earlyassignment #coveredcalls TLT

Assigned on a May/June 121 put calendar, sold the June put, then sold a June 15, 120 call, cost basis of 116.94.

smasty 11:39 am on Wednesday, May 16, 2018
Tags: BigLizard ( 3 ), JadeLizard ( 130 )

May 16 SPY Put Roll

I had a lot of 273 naked puts for today’s expiration (BTW, I love using Wed expiration for assignments so I don’t have to wait for over a weekend to hedge in 401K accounts. In non-401K I will sell calls in advance of assignment but you can’t do that in 401K accts). I was able to cover my puts for 25% profit today, then I flipped them to #BigLizard trades.
SPY May 23 -272.5p/-272.5c/+273.5c for 2.03 cr. Doing a Lizard brought in 25% extra premium vs. doing an ATM put only. Break even is 270.47 on these.

It looks like I will get an assignment on $274 SPY shares. Rather than sell calls-only against that position, I will explore a reverse Jade Lizard to bring in some put revenue, similar to a covered strangle, but less risk. I’ll update this after the close.

Sue

#jadelizard

Jeff 11:33 am on Wednesday, May 16, 2018
Tags: CoveredCallCampaign ( 132 ), CoveredCalls ( 2,200 ), Earnings ( 3,108 ), Rolling ( 447 )

Calls sold

#Earnings #Rolling Sold $OLED June 15th 110 call for 1.95
#CoveredCalls #CoveredCallCampaign Sold $SQ June 15th 60 call for 1.40

mortlightman 11:26 am on Wednesday, May 16, 2018
Tags: Fuzzy ( 414 ), Hedge ( 75 )

QQQ

Rolled May 25 172 call to Jun 8 173 .34 Cr
#Hedge #Fuzzy

fuzzballl 10:36 am on Wednesday, May 16, 2018
Tags: LEAPS ( 418 ), LongCalls ( 495 )

OLED

#LongCalls #LEAPS – Slow day today. I really like the premiums and rollability of this ticker. I’m in a tiny 2019 position so adding a little more out in 2020. I’ll add more when (if) I get the 2019’s covered but for now…

Bought OLED JAN 17 2020 105.0 Calls @ 26.90

Sold OLED MAY 25 2018 104.0 Calls @ 1.70

Payoff by Jan 2019 and Jan 2020 is .74/.30

Jeff 9:52 am on Wednesday, May 16, 2018
Tags: SPXcampaign ( 2,265 )

SPX calls sold

#SPXcampaign Sold $SPX May 25th 2745/2770 call spreads for 5.80. This offsets aggressive put spreads sold for this expiry last week.

EDIT: strikes were previously entered incorrectly as 2750/2775

jsd501 8:24 am on Wednesday, May 16, 2018

TQQQ

In my IRA, BTO 2020 165 calls and sold June 29 170 calls for a debit of 36.20 so I need .42 cents per week to break even.

jsd501 8:16 am on Wednesday, May 16, 2018

APA

BTC October 22.5 puts @ .05

jdietz1954 8:01 am on Wednesday, May 16, 2018
Tags: CoveredCalls ( 2,200 )

DBX #Coveredcalls Started a covered…

DBX #Coveredcalls Started a covered call on DBX. Late to get it on but bought stock @ 30.75 and sold the May 25th 31.50 calls @ 0.55.

Jeff 6:52 am on Wednesday, May 16, 2018
Tags: CoveredCallCampaign ( 132 ), CoveredCalls ( 2,200 )

BABA covered call

#CoveredCalls #CoveredCallCampaign
Sold $BABA Jun 22nd 215 call for 2.00.

jdietz1954 6:52 am on Wednesday, May 16, 2018
Tags: ShortCalls ( 979 )

MU #Shortcalls Closed my May…

MU #Shortcalls Closed my May 18th 54.5 call @ 1.72 when MU was at 55.81 just after the open. I have a feeling the upgrades will keep the price up. Depending on how the stock trades I will keep my long June 50 call uncovered.