Driving all day made 2 trades, followed Iceman on AA and closed July 20 TSLA 330/340 call spreads for .39 near the open, had been rolled, cost basis of 1.31.
Daily Archives: Thursday, July 19, 2018
TSLA, AZO
STC AZO 27 JUL 662.5/667.5 BuCS @4.71..BTO 7/13 @3.99…Thanks to MamaCash and Jeff for the ticker…Not sure I’ll trade this one again as liquidity seems a little thin to me..
STC TSLA 20 JUL 332.5/327.5 BePS @4.70..BTO 7/13 @3.85
#supercharger
AMAT roll
#PieTrades BTC $AMAT July 20th 46 #CoveredCall for .80. Sold last week for .75
Sold to Open AMAT July 27th 46.5 covered call for 1.05.
TQQQ
In my IRA, I closed my 2020, 55 calls against my 58.50 calls for a 16.7% profit since June 29th. I am now 100% cash in the IRA.
HRL
BTC January 35 puts @ 1.20, sold yesterday at 1.50, decided I did not like the trade. I can’t give any reason but, I am just nervous about this market right now. Something does not feel right to me at this moment.
LABU NVDA RTN SMH TQQQ
#LongCalls #LEAPS – All of these are ratios except the SMH (wish it was). Taking care of these today since I’ll be out all day tomorrow (3 day golf weekend…LOL). Still will have TSLA, AMAT, AVGO, CELG, EWZ to watch.
LABU:
Rolled LABU JUL 20 2018 90.0 Call to AUG 10 2018 91.0 Call @ .24 credit
NVDA:
Rolled NVDA JUL 20 2018 247.5 Call to JUL 27 2018 250.0 Call @ .55 credit
RTN:
Rolled RTN JUL 20 2018 195.0 Calls to AUG 3 2018 197.5 Calls @ .25 debit
SMH:
Rolled SMH JUL 20 2018 102.0 Calls to AUG 10 2018 103.0 Calls @ .12 credit
TQQQ:
Rolled TQQQ JUL 20 2018 57.0 Calls to AUG 3 2018 57.5 Calls @ even
ISRG overdone?
#Earnings I sold two (2) $ISRG July 20th 520/525 call spreads for 2.75. Max loss 2.25. Chart looks over done. Better than 1:1 so why not?
PM
#ShortPuts #IRA #FallingKnife – A great dividend down at these levels. I missed the earnings selloff first thing this morning…
Sold PM DEC 21 2018 75.0 Put @ 2.60
Sold PM JAN 18 2019 75.0 Put @ 2.87
@kathycon MamaCash, when you have…
MamaCash, when you have a pre-earnings trade on and the stock pulls back, I understand that you add to your position. My question is do you add calls at the same original strike, or do you go down to a new strike at the appropriate delta?
#ShortPuts TQQQ Sold July 27th…
#ShortPuts TQQQ Sold July 27th 63 Put @ 1.05 with TQQQ at 64.86
#shortcallspreads sold NFLX Jul 20…
sold NFLX Jul 20 380/410 BeCS for $1.10, stock looks heavy.
BTC BeCS NFLX 390/410 for 0.07, sold yesterday for 0.50
Why AMZN is down today?
Why AMZN is down today despite their prime was very good.
https://www.nasdaq.com/article/amazon-tops-900b-on-record-prime-day-sales-etfs-to-tap-cm993609
Morning Scanning through SMM growth…
Morning Scanning through SMM growth list and took a look at $GRUB. Earnings are 7/25 Before according to ToS. There is no press release on the web site. They have weeklies and ATM premiums are about 5% or better for all of August and higher beyond. Once earnings are passed this might make a good PIE trade or other approaches. Something to look at and consider. The options are thin.
COF earnings
#Earnings Sold to Open $COF 93.5 puts for 1.10.
Biggest UP move: 8.6%, Biggest DOWN move: -13.1%, Average move: 4.0%. When filled, this trade was 1.8% OTM. Chart looks decent, and the strike is below the 200 dma. I can take assignment and sell calls if necessary.
Also considering a similar trade on $CTAS.
I might BUY a strangle on $SKX, since it often moves big.
Market
Chinese market today, Chop Chop
SNA victory
#Earnings Finally, an earnings trade that works like they’re supposed to. $SNA July 20th 145/170 strangle sold yesterday for 1.40. Dead centered. Will close for cheap or allow to expire.
Options Bistro 