#LEAPs BTC $SQ July 20th 71 #SyntheticCoveredCalls for .15. Sold for 1.35 in June.
#CoveredCallCampaign BTC $BABA July 20th 202.5 #CoveredCall for .21. Sold for 2.05 in June
#VXXGame Sold $VXX Dec 50 call for 3.50
Daily Archives: Wednesday, July 11, 2018
Here is a good one…
Here is a good one for you margin users, looks like 60% of total portfolio is ideal.
https://www.tastytrade.com/tt/shows/market-measures/episodes/puts-or-stock-07-09-2018
EA GOOGL ISRG MA profits
Taking early pre-ER profits before I head out on a 4-day running trip with limited internet access.
EA. Sold Jul27 152.5c @ 3.10. Bot @ 2.45 average price. Still holding Jul27 157.5c at average price of 1.70.
GOOGL. Sold Jul27 1240/1260 cds @ 3.70. Bot @ 2.90
ISRG. Sold Jul20 490/505 cds @ 9.25. Bot @ 6.45. Still holding Jul20 535c @ 2.70.
MA. Sold Jul27 207.5c @ 2.52. Bot @ 1.47. Still holding MA Ju27 212.5c @ 1.11
#earningsrunup
#shortputs TRTN Sold Aug. 17,…
#shortputs TRTN
Sold Aug. 17, 30 put for 1.35
SPOT early earnings momentum
This is a risky pre-ER trade because the stock has only been public since April 3. However, it showed strong momentum going into May earnings, is in a squeeze, and the Jul27 IV is already expanding.
Bot SPOT Jul27 BuCS 190/200 @ 2.70. Will place GTC order on Jul19 (7 days before ER) to close at 40% above the price at that time.
#earningsrunup
CHKP pre-earnings
Sold Aug17 110c @ 2.78. Bot @ .85.
Still holding Aug17 115c @ .80
#earningsrunup
SPX roll
#SPXcampaign Monday I closed $SPX July 20th 2810/2835 call spreads for 4.20, which was the call side of a #CondorRoll from the week before. Much of the reason I have mostly paused selling spreads is that the call side has never been more difficult to manage that it has this year.
Today I rolled half of it into puts: Sold SPX July 25th 2750/2725 put spreads for 4.50.
TQQQ #Shortputs BTC the 7/13…
TQQQ #Shortputs BTC the 7/13 60 Put at .25, originally sold 7/09 for .70. Sold to open 7/20 60 Put @ 1.00.
AZO supercharger
BTO Jul20 660/670 BuCS @ 7.61. GTC order to sell at 9.40.
Based on the daily squeeze and a pullback today.
#supercharger
PANW RHT rolls
Rolled PANW Jul13 207.5c to Jul20 215c for 2.82 debit
Rolled RHT Jul13 142c to Jul20 145c @ .44 debit
Be happy when your short calls get run over. Really?? 🙂
#shortcalls
#unbalanceddiagonal
MU pie-roll
Mmmmmm… pie rolls….
#PieTrades Bought to close $MU June 13th 54 #CoveredCalls for 1.17. Sold for 1.28 on July 2nd.
#Rolling Sold June 20th 54.5 calls for 1.53.
Bought to close $MU June 13th 53.5 #CoveredCalls for 1.44. Sold for 1.00 on Friday.
#Rolling Sold June 20th 54 calls for 1.77.
Pre-earnings momentum
Adding to existing positions based on pullback and CML backtests
Bot ABT Jul20 64c @ .37
Bot CHKP Aug17 115c @ .80
Bot EA Jul27 157.5c @ 1.51
Bot MSFT Jul20 104c @ 1.17
Bot NFLX Jul20 cds 445/455 @ 2.68
Bot WYNN Jul27 172.5c @ 2.08
#earningsrunup
DE put spread
Sold $DE Aug 10 135/130 BuPS @ .90. Using the weekly expiration before expected earnings on 8/17. Delta of the short strike is 27. Spread is below recent support from June/July.
#shortcallspreads #bitty DOCU Sold July…
#shortcallspreads #bitty DOCU
Sold July 20, 55/57.50 for .60 to go along with the a little too early 55 put sold this week, stock at 52.40
DBX #Coveredcalls Bought to close…
DBX #Coveredcalls Bought to close my July 13th 33.5 calls at .05 on that morning dip. I will cover up later or close the position for an 8% loss from my original assignment. Adjusted basis is 31.66 so I’m torn.
FAS roll
Taking this opportunity to roll to a higher strike.
BTC July 27 68.5 calls and STO August 3, 69 calls for a credit of .146 cents.
ALK puts
Sold $ALK Oct 19 52.50 puts @ 1.15
Adding short protection
Layering in some short protection but carefully as this selloff is contained so far and the obvious suspects like GOOGL and AMZN are not participating.
Bot SPY Jul20 275p @ .97 x5
Bot VIX Jul25 13/15 cds @ .84 x3
#markets
TQQQ roll
BTC July 27, 62.5 calls and STO August 3, 63 calls for a credit of .20 cents.
TWTR roll
Rolled TWTR Jul13 45.5c to Jul20 43.5c @ .92 credit.
TWTR is going the wrong direction but overall trades are profitable so hanging in for now.
#unbalanceddiagonal
#shortcalls
Options Bistro 