Closed Early BIDU IQ AMZN / Rolled MTN Again

#closed
$BIDU BTC 8/17 220/230 BUPS at 1.00 STO at 3.32 68% of max profit.
$AMZN BTC 7/20 1600/1620 BUPS at 1.00 STO 5/24 at 9.75 90% of max profit
$IQ BTC 7/20 25 put at .15 STO at 2.20 Taking off risk.

#rolling
$MTN BTC 7/20 280 call at 5.97 and STO 7/20 290 call at 1.47. Stock basis now 258.40.

GOOGL

7/9 STC GOOGL 13 Jul 1125/1130 Call spread @4.70…BTO 7/6 @4.00 #supercharger

TWTR #Coveredcalls Covered my long…

TWTR #Coveredcalls Covered my long stock again with July 13th 45.5 Calls @ 0.50 with TWTR @ 44.04.

@geewhiz112 Are you still holding…

@geewhiz112

Are you still holding your position in CLF?

Your previous post was for :

#longcalls
$CLF BTO 7/20 10 calls at .44 and sold twice as many
#shortputs
$CLF STO 7/20 8 puts at .17

#contangoetfs #contangoetfs GUSH SLD GUSH…

#contangoetfs

GUSH
SLD GUSH Sep21’18 70 CALL $1.05

#pietrades WDC 77 put expiring…

#pietrades

WDC 77 put expiring this friday had decayed to 0.25 so rolled it to a #pietrades 25 DTE 75 ing to put for 1.03 credit.

Trying to ladder the EXPE 115 as well but with earnings scheduled for 18 DTE it is not decaying as fast as I would like.

Limited 3 week experiment on using 21 DTE or so for #pietrades seems to be working as I expected. The extra space makes rolling easier and if they stay OTM the decay is fast enough you can usually close or roll in 1-2 weeks.

More pre earnings

Bot EA Jul27 152.5c @ 2.41. First layer 1 lot on today’s pullback
Bot ABT Jul18 64c @ .33. Starter position 5 lots
#earningsrunup

FAS

#LongCalls #LEAPS – Was busy all weekend so just now getting caught up on last weeks trades. In the meantime had a small position over at Tastyworks that went negative deltas today (non-ratio) so booking it.

Sold to Close FAS JAN 18 2019 65.0 Calls
Bought to Close FAS JUL 20 2018 64.0 Calls

Booked 1.45 per contract on a huge 2 lot 🙂

Donald J. Trump

@realDonaldTrump
Pfizer & others should be ashamed that they have raised drug prices for no reason. They are merely taking advantage of the poor & others unable to defend themselves, while at the same time giving bargain basement prices to other countries in Europe & elsewhere. We will respond!

Notable Earnings PM Mon:

None
Notable Earnings AM Tues:
PEP
Notable Earnings PM Tues:
AIR, WDFC
Notable Earnings AM Wed:
FAST, MSM
Notable Earnings PM Wed:
OZRK
Notable Earnings AM Thurs:
CBSH, DAL
Notable Earnings PM Thurs:
None
Notable Earnings AM Fri:
C, FRC, JPM, PNC, WFC
Notable Earnings PM Fri:
None

VIX

#Hedge
BTO Aug 22 15/19 BuCS & 13/10 BuPS cost .09
This is a DK trade

#coveredcalls BTC TWTR July 13th…

#coveredcalls
BTC TWTR July 13th 47 Call for .05. Sold Friday for .55
BTC DBX July 13th 33 Calls for .15. Sold Friday for .35

SPX rallies (aka SPX champagne)

Bot SPX Jan 11/13 call calendar @ 1.75. Looking for a double by Wed.
Bot SPX Jan9 call @ 1.75. Sold @ 3.50. Lucky on this one.
Sold SPY Butterfly Jul13 274c/282c/284c 2/-4/2 @ 3.73 x4. Bot @ 2.13

#SPXchampagne

More GUSH

#ContangoETFs
Sold $GUSH Dec 57 call for 5.20, adding to my position
Sold $GUSH July 20th 48 call for 1.05

#PIETrade #ShortPut Sold DOCU July…

#PIETrade #ShortPut Sold DOCU July 20th 55 Put x1 @ 2.21 when the stock was at 55.67. Purely a spec position. The yield is good. Only trades monthlies which is unfortunate. So 12 days to OpEx.

IWM short calls

Rolled IWM Jul13 166.5c to Jul20 170.5c @ .82 debit.
Another case of getting run over since Friday. These are ratio trades so still making money but not much.

Closing SWKS

Bought to close $SWKS Jul 13 95/90 BuPS @ .10. Sold for .63 on 6/19.

#Shortput #PieTrade Sold TQQQ July…

#Shortput #PieTrade
Sold TQQQ July 13th 60 Put @ .70 when TQQQ was at 61.67. 1 contract cash secured.

DIA short calls

Sold Jul13 245c @ 1.61 on Friday. Covered today @ 2.65 because it ran out of extrinsic.
Replaced short call with BeCS DIA Jul20 251/249 @ .58.
While we’re in rally mode, I’m switching from 45 delta short calls on my ratio trades to 35/21 BeCS. I want a hedge but not so tight that it cuts off profits.
#shortcalls
#unbalanceddiagonal

JPM pre earnings

Sold JPM Jul20 106c @ 2.10 x4. Bot in layers for avg price of 1.40.
Still holding JPM fuzzy Jul20 105c/105p/102p 1/-1/1 @ .70. Current price 2.03
#earningsrunup

#fuzzy

#coveredcallcampaign JCI EWZ Tradewise cc,…

#coveredcallcampaign JCI EWZ
Tradewise cc, sold August 17, 37 call for .43
EWZ sold July 20, 34 call for .39

GOOGL

STO Jul 13 1140/1137.5 BuPS .40 #Bitty

WFC

BTC October 40 puts @.10 cents.

AMZN

STO Jul 13 1677.5/1675 BuPS .25 #Bitty

NFLX pre earnings

Bot NFLX Jul20 420c @ 10.04. Sold @ 20.00
Will open new position on any significant pullback before earnings report on 7/16.
#earningsrunup

GUSH reaching new highs

#ContangoETFs Sold $GUSH Aug 17th 50 call for 2.15.

SPX

BTO SPX Jul 13 BF 2780/2790/2800 calls 1.50

Econ Calendar for week of 7/9/18

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

Screen Shot 2018-07-09 at 6.00.52 AMScreen Shot 2018-07-09 at 6.02.03 AM

Earnings this week

Notable Earnings PM Mon:

 

None

 

Notable Earnings AM Tues:

 

PEP

 

Notable Earnings PM Tues:

 

AIR, WDFC

 

Notable Earnings AM Wed:

 

FAST, MSM

 

Notable Earnings PM Wed:

 

OZRK

 

Notable Earnings AM Thurs:

 

CBSH, DAL

 

Notable Earnings PM Thurs:

 

None

 

Notable Earnings AM Fri:

 

C, FRC, JPM, PNC, WFC

 

Notable Earnings PM Fri:

 

None