Extending my put ladder to Nov on this #FallingKnife.
Sold $LB Nov 16 27.50 puts @ 1.10.
Daily Archives: Thursday, July 12, 2018
TQQQ #ShortPut bought to close…
TQQQ #ShortPut bought to close July 20th 60 Put @ .40 when TQQQ hit 64.80. Sold 7/11 for 1.00. I’m debating the wisdom of selling the 7/20 62 or 63 with TQQQ at the top of the channel and NDX at ATH. Best to wait or find something else.
#shortputspread #earnings NFLX Sold Sept….
#shortputspread #earnings NFLX
Sold Sept. 350/360 put spread for 2.20
Closing INTC
Taking this off into strength. Bought to close $INTC Jul 20 50 puts @ .18. Sold for .54 on 6/18. I was fully expecting to take assignment on this (it was around 48-49 just 2 weeks ago). Getting lucky on the timing of the up move so I’m taking advantage.
#fallingknife FYI AVGO is down…
FYI
AVGO is down 14%
LB down 10%
GOOGL
STC GOOGL 20 JUL 1140/1145 BuCs @4.70…BTO 7/10 @3.95 #supercharger
Thanks to @hcgdavis and @kathycon this has become my go to strategy for now…:)
#pietrades Rolling everything out 2…
Rolling everything out 2 weeks for vacation 🙂
Some of these are still open positions.
MU 55 call rolled out 2 weeks for 1.27 credit. Cost basis 56.23. Another 2 rolls should bring profit.
WDC 8/3 75 put was sold last week for 1.29
EXPE 7/27 115 put sold last week for 1.90. Both of these are going into earnings as 21 DTE #pietrades.
AMAT lot 1 47 CC rolled out 2 weeks for 0.28. Cost basis 50.83. Will take a few more rolls on this.
FAS 64 cc rolled out 2 weeks to 65 for 0.31 credit. Cb now 63.10.
TQQQ 59 CC rolled out 2 weeks for 0.85 credit. cb now 57.80
XBI #fuzzy 87/96.5 rolled out to 8/3 for 0.30 credit. Cb decreased to 9.72. May reset in 2 weeks by rolling both up a few strikes if it keeps going.
AMAT lot 2 47 cc rolled out 2 weeks for 0.27 credit. Cb now 47.40 so should see profit in another 2 rolls.
That’s it for now. Letting theta decay pay for vacation, at least I covered the airline tickets in cash today on sales/rolls 🙂
Sorry @fuzzballl UAL was cheaper than AAL but we may make the news if we get thrown off the plane 🙂
Have a good expiration and week, check in when we get back but not even taking a computer. Need to unplug!!!!
Chris
Closing TSLA put spread
Bought to close $TSLA Jul 20 280/270 BuPS @ .38. Sold for 1.50 on 7/5.
AMZN
STC AMZN 20 JUL BuCs 1695/1700 @4.70…BTO 7/10 @3.97 #supercharger
DBX #Coveredcalls Sold July 20th…
DBX #Coveredcalls Sold July 20th 33 calls @ 0.45 when DBX hit 31.60. The 50dma has been acting as resistance.
#shortputspread #rolling WYNN Rolled July…
#shortputspread #rolling WYNN
Rolled July 20, 165/170 to Aug. 17 155/165 for .66, short still in the money, increased margin but better chance of success
NFLX puts sold
#Earnings Using today’s pullback to start my earnings trade on $NFLX. I only play this bullish on earnings (or perhaps way OTM calls if I can get enough premium). It has had huge up moves but only modest down moves in recent quarters.
Sold $NFLX July 20th 360 puts for 3.20.
Biggest UP move: 19.0%, Biggest DOWN move: -13.1%, Average move: 9.4%. This trade is -12.4% OTM.
SQ calls sold
#LEAPs Sold $SQ July 27th 68.5 #SyntheticCoveredCalls for 1.11. These are against my long January 60 calls.
PANW RHT long calls
Rolled delta down on PANW long call from Aug 210c to 215c for 3.42 credit.
Rolled delta down on RHT long call from Aug 142c to 145c for 2.05 credit.
Current positions are now fully paid for by credit rolls on the long calls. Hedges still have extrinsic value but will need to managed soon.
#unbalanceddiagonal
INFY CAT earnings momentum
Bot INFY Jul20 20c @ .37 average price. Sold @ .40 one day before earnings report.
Bot first layer of CAT Aug3 144c @ 1.75.
Puts closed
#CoveredCallCampaign
BTC $AAPL July 20th 180 put for .15. Sold for 1.44 on June 20th.
BTC $FB July 20th 190 put for .16. Sold for 1.60 on June 20th.
Options Bistro 