AMZN “vol fly” Price is sliding down the T+1 line slope, so flattened delta by buying 10 shares of stock @ 1750.11.

SPX: #UndieBear I needed a little downside balance against my long portfolio, so here’s the first Undie bear. Bought Aug 2800 put x2 @ 60.50, sold 1x Jun27 2750 put @10.00. The ratio means there is no profit ceiling on a downside move. 20-day historical vol is under 10%, so buying low here. The trade has over 700 vega, any down move and this should explode.

AAL: Abandoned this position due to poor technicals. Net loss $434.00 on a 10×8 #Undie with a couple rolls. This was a July long too, so wanted to get as much salvage value as I could on the long before accelerated decay. This was a Mark Sebastian pick that I followed. At one point it had very nice profit, but I was piggie 🙂

GS: Rolled calls from Jun 22 to Jun 29, 235 to 232. Netted $946 on 5 lot on Jun 22, Jun 29 sold for $1.52x 5. This is another position I’m not happy holding. Earnings coming up in a few weeks, so I’ll collect some additional rolls on this. GS: Added an in-out put bear spread for more short delta: jul 13 230/225 @ 2.36 x4. I like to butterfly these after a favorable move to lock in some profit.

ROKU: Closed #Fundie for target 20% profit, $165 net. Will evaluate a reset. ROKU is dropping off the Fundie list, Ms. Cash and I have a list of about 22 good Fundie candidates, and ROKU didn’t make the cut.

MSFT: New #Fundie in the earnings cycle for a pre-ER price/vol run up. Jul 20 100 c x6@4.05/Jul 6 103c x -4 @ 1.04. Target profit is 20%, $805 (this target might be a bit high).

PYPL: Closed #Undie for $817 profit. I’ve had a couple of these lately where nice profits evaporated. Plus just found out I might be called away from the trading desk temporarily, so decided to TTMAR. It was a 16×13…so had higher risk.

MA: Closed #Fundie for $135 profit….might be called away on an emergency so clearing out a few things. This was a 3×2.

SPOT: Closed #Fundie for same reason as above. Up $540 today, net $70 profit. 3×2.