#ShortPuts TQQQ Sold July 27th 63 Put @ 1.05 with TQQQ at 64.86
Monthly Archives: July 2018
#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.
Closed Early CAT AMZN FDX NFLX
#shortputs
Closed Early
$CAT BTC 7/20 135/140 BUPS at 1.82 STO 6/20 at 1.40
$FDX BTC 8/17 210/220 BUPS at .95 STO at 2.15
$NFLX BTC 7/20 360/370 BUPS at 1.20 STO at 3.01
#longcalls
Closed Early
$AMZN STC 7/20 1630/1660 BUCS at 29.80 BTO 6/1 at 16.25
SNA earnings
#Earnings Put in this order hours ago and it just filled:
Sold $SNA July 20th 145/170 strangles for 1.40.
Biggest UP move: 6.7%, Biggest DOWN move: -7.4%, Average move: 4.2%. My strikes are +7.3% and -8.5% OTM.
#shortputs FYI CLX is down…
HRL
STO January 35 puts @1.50
#shortputs #fallingknife ABBV June 25,…
#shortputs #fallingknife #closing ABBV
June 25, sold Nov, 75 put for 1.40, bought today for .80
#shortputs #rolling #pietrade DOCU rolled…
#shortputs #rolling #pietrade DOCU
rolled July 20, 55 put to August for 2.35, essentially even on the roll, DOCU is below 54
SPX Has anyone considered buying…
SPX
Has anyone considered buying some protection at this Vol level?
TTWO
At the risk of inundating you with pre-earnings ideas, here’s another from CMLViz. By the way, this flurry will settle down in a couple weeks and I will focus on something else until October. lol.
http://www.cmlviz.com/research.php?number=12196&cml_article_id=20180714_the-five-year-repeating-momentum-pattern-into-earnings-in-take-two-interactive-software-inc
I’m in TTWO already but prefer to let you pick your own delta and expiration on this one.:-) I’ll be out of town tomorrow so got in early.
AMZN
BTO Jul 27 1750/1752.50 1.89 #supercharger
Earnings 7/26 will exit 1 day before (I Hope).
NFLX
BTO Jul 27 360/362.0 Calls 1.99 #supercharger
MU Sold July 27th 58…
MU Sold July 27th 58 Puts @ 1.41with MU @ 58.05.
TAP
STO January 55 puts @1.20
GOOGL
STC Jul 27 1155/1157.5 2.25 Bought for 1.90 7/16 2x #supercharger
LMT
#preearnings #earningsrunup – Nice bounce today. Got the 40 percent….woohoo! Looks like it could have some more room too…another 4 dollars up to the 200ma.
Sold to Close LMT JUL 27 2018 327.5 Call @ 2.65 (bought for 1.90)
BA and LMT pre-earnings notes
I plan to re-enter BA on a pullback if we get one. With 7 days until the earnings report, there’s room to run on a pb.
If you’re in LMT, we only have 6 days until earnings. I have a GTC order to sell my LMT calls at 40% above yesterday’s closing price. I know that some of you are trying this for the first time so will let you know what I’m doing. Here’s to happy and profitable trading!
EOG pre-earnings
Bot EOG Aug3 128c @ 1.05 x2. Adding a layer on today’s pullback.
AMTD BA pre-earnings
Bot AMTD Jul27 58c @ .60 ydy, Sold @ .95
Bot BA Jul27 370c @ 3.45 ydy. Sold @ 4.70
Sometimes these trades are short lived. 40% GTC targets hit or exceeded.
Joining EOG trade
#PreEarnings Bought to Open $EOG Aug 3rd 128 calls for 1.30. See MamaCash’s post from yesterday for more details on the strategy.
Short Puts NFLX AVGO / Closed IWM Early
#shortputs
$NFLX STO 8/17 315/325 BUPS at 1.75 Thank you @ramie77
$NFLX STO 8/17 340/345 BUPS at 1.90
$NFLX STO 8/10 345/350 BUPS at 1.07
$AVGO STO 8/17 180/190 BUPS at 1.50
Closed Early
$IWM BTC 7/20 157/162 BUPS at .05 STO for 1.03
FYI Someone made a nice…
FYI
Someone made a nice profit
CLRB is up 885%
LMT recommendation from CML
Can you access this? http://www.cmlviz.com/research.php?number=12203&cml_article_id=20180717_the-one-week-pre-earnings-momentum-trade-with-options
SPX roll
#SPXcampaign Can’t shake these SPX spreads before I leave. Doubling size and rolling to the same expiration on this one:
Stopped $SPX July 27th 2825/2850 call spreads for 6.50
Sold July 27th 2750/2775/2860/2885 #CondorRoll for 3.40, double position size.
Positive Vega Put Spread
18% of Allocation:
STO SPX 9/14/18 2640 puts
BTO SPX 9/14/18 2620 puts
BTO SPX 9/14/18 1300 puts
1.15 credit
#shortputspread #postearnings NFLX sold Oct….
#shortputspread #postearnings NFLX
sold Oct. 320/330 for 2.18, have a Sept. 350/360 sold July 12 that I was supposed to have been able to close today darn it.
DIA FAS SSO TQQQ XLY long calls
Rolled long call deltas on some ratio trades down from 70-75 to 62-63 delta for credit.
DIA 1.47 credit
FAS 1.36 credit
SSO 1.50 credit
TQQQ 1.38 credit
XLY 1.51 credit
Collected $2166.
Anyone knows the date of…
Anyone knows the date of GOOGL financial report please. Tried many places and TOS do not show it.
Tech bulls
Looks like the $QQQ, $XLK, and several tech stocks are forming bullish engulfing candles today. Look out above.
On the open today, closed on GTC order: $AAPL July 20th 195 call for .14. Sold for 1.37 on June 21st.
ERX
#LongCalls #LEAPS – Been wanting back in this one so earnings season probably as good a time as any…
5×4 ratio for now since there’s plenty of time left to get it all back…
Bought ERX JAN 17 2020 37.0 Calls @ 10.00
Sold ERX JUL 27 2018 37.5 Calls @ .95
NFLX spreads closed
#Earnings Bought to close $NFLX July 20th 360/350 put spreads for 1.00. Sold for 1.70 on Friday.
BTC NFLX July 20th 360 put for 1.43. Sold for 3.46 last week.
I have a single strangle remaining, 360/475, sold for 4.46 total. I will leave it to expire.
ERX
#pietrades
BTC 20 JUL 40 CALL @.05…STO 6/7 @ 0.81 credit as part of a roll…
STO 27 JUL 18 39 CALL @.50 when stock was at 37.17…
CB now at 39.07 with this latest sale and recent dividend… Originally assigned at 42.50
BA TTWO
More pre-earnings trades
Bot BA Jul27 370c @ 3.35. GTC order to sell @ 4.70 (40% profit target)
Bot TTWO Aug3 128c @ 4.80. GTC order to sell @ 6.72 (40% profit target)
http://tm.cmlviz.com/index.php?share_key=20180717184758_ecjTvU5uaPtQ4V5G
SPX BuPS 30 to 40 days expiration
- JUL 11 2018 Sold BuPS 2580/2680 expiring on AUG 24 2018:
2580 at $8.75
2680 at $17.20
- JUL 12 2018:
BTC 2680 at $13.80
STO 2680 at $13.80
- JUL 17 2018:
BTC 2680 at $8.80
STO 2680 at $8.80
AMZN gives this opportunity: STO…
AMZN
gives this opportunity: STO IC 1710/1730/1850/1852.5 with a premium of 4.16 and expiration Jul27. Besides of the issue of Earnings before expiration, anything wrong with this?
GOOGL
STC 20 JUL 1170/1175 BuCS @4.70…BTO 7/12 @ 4.00 #supercharger
Low VIX
#VIXIndicator Lowest intra-day VIX level since 6/15 (excluding pre-market spikes).
DUST–adding Jan
Sold $DUST Jan 18 2019 40 calls @ 1.25
NFLX put closed
#Earnings Closed 1 of my 3 $NFLX July 20th 360 puts for breakeven, 3.40 (covering commissions). I’ll leave the other two.
Looking to close my 360/350 spread for breakeven or small profit, too. The spreads are in smaller accounts and don’t want to risk full loss if NFLX peters out and reverses down.
EOG earnings momentum
EOG earnings momentum
Bot EOG Aug3 128c @ 1.49 x3 using a 16/1 custom setup. Will add more on pullbacks.
http://tm.cmlviz.com/index.php?share_key=20180717154145_XFW5sKDzPilfg84I
16/1 setup = Enter 16 days before earnings. Exit one day before earnings. Pick an option expiration that covers the earnings report date. Choose a long call with the delta that gives the best results based on historical data. Standard setups in CML are 3/1, 7/1, and 14/1. Standard delta is 40.
CELG
#LongCalls – The experiment is winding down…adding another little bull put spread for some help. Still would like it back closer to 85 but risk is capped at 86. Looking like it will be an overall small loser but with earnings next week I may try one more trade to get even…LOL
Sold CELG JUL 20 2018 84.5/82.5 Bull Put Spreads @ .27
AZO supercharger closed
#SuperCharger Sold to close $AZO July 20th 660/670 bull call spread for 9.75. This was purchased last Wednesday for 7.39 as an ITM long call spread. Thanks to MamaCash for the idea!
I am looking to do it again, but could use a bit of downward action in the stock. Looking at an ITM spread for August 3rd expiry.
AVGO put spread
Sold $AVGO Aug 17 200/190 BuPS @ 2.33. Delta of short strike is 33.
Pre-earnings update
Many of my pre-ER trades hit exit date or closed for target profit while I was away.
INFY 5%, ABT 40%, ASML 40%, AMZN 40%, MSFT 40%, LMT 72% (3rd round).
Converted NFLX BUCS to IC yesterday and closed put side today for 20% profit on IC position.
Still trading CAT, CHKP, GOOGL, INTC, LMT, MA, SHOP, SPOT and WYNN. Added a layer of INTC and a new round of LMT today on the pullback.
INTC LMT SPX
Pre-ER. Bot INTC Jul27 53c @ .66
Pre-ER. Bot LMT Jul27 330c @ 1.85
Bot SPX Jul20/23 2815 call calendar @ 1.35
Bot SPX Jul20/23 275 put calendar @ 1.40
NFLX put spread
Sold $NFLX Aug 17 325/315 BuPS @ 2.00
SPX Campaign / Long SPOT / Closed BA Early
#spxcampaign$SPX STO 7/25 2855/2830 BECS at 2.25 Thank you @jeffcp66
#longcalls
$SPOT BTO 7/27 190/200 BUCS at 2.80 Thank you @kathycon Run SPOT Run!
Closed Early
#shortputs
$BA BTC 7/20 325/335 BUPS at .30 STO at 1.40 Thank you @ramie77 Closed half my position
NFLX
glad I closed IC
Down big
Thx Jeff for the heads up
NFLX
At this pace a Jan 250 strike will be pushing 8 bucks tomorrow…
EDIT….oops was looking at Jun
#pietrades Not a trade, pie…
#pietrades Not a trade, pie or anything else. This is a back door so I can post. When I call up OB, I don’t get a space to post, that’s why I haven’t posted in a while. I just get the posts, which I get in my mail. How do I overcome this so I can start posting my great trades, ;>) , again. Honk, Honk
#fallingknife FYI 9% drop in…
FYI
9% drop in ADS
High premium in Dec and Jan
MRVL pre-earnings
#PreEarnings This one has had a tendency to drift higher into earnings. Low-priced stock so the 37-delta options are cheap. Earnings estimated Aug 23-30, so I have room to roll once or twice.
Bought to Open $MRVL Aug 10th 22 calls for .45.
#spycraft What do the IC…
What do the IC or SPX traders think of this opportunity:
Sell Jul 16 2795/2800/2805 for $3.40. The risk is $1.60 with relatively large cushion. It seems attractive to me but I have little experience with IC’s.
edit: Present price 2799 +/- with price mid-point varying 3.30 to 3.50.
Covered Calls
#CoveredCallCampaign Had a couple calls breached so I exited on the intraday pullbacks. Will look to re-enter OLED but probably leave the other two until earnings.
BTC $AAPL July 27th 192.5 call for 1.95. Sold for 1.55 on July 2.
BTC $SQ July 27th 68 call for 1.70. Sold for 1.53 on July 6.
BTC $OLED July 27th 97 call for 2.15. Sold last Thursday for 1.50.
Also:
Closed on GTC order: $BABA July 27th 205 call for .16. Sold for 1.57 on June 28th.
Taking off some BIIB
Bought to close $BIIB Oct 19 240 puts @ .65. Sold for 3.60 on 6/18.
Closing BA
Bought to close $BA Jun 20 335/325 BuPS @ .20. Sold for 1.53 on 6/18.
TNA
#LongCalls #LEAPS – Using today’s pullback to book another one of my non-ratio positions. I’ll definitely be looking to reset on some more weakness….
Bought to Close TNA JUL 20 2018 81.0 Calls
Sold to Close TNA JAN 17 2020 80.0 Calls
All said and done made 1.02 per contract on a 7 lot. LEAPS were up about 12 points but blocked by the weekly sales almost from the beginning. 😦
JBHT Post-earnings
Crazy red candle after the stock gapped at the open to around 130. Now at 117.18 and looks to have found some buying at the 200 day moving average. I’m thinking support will hold and the stock will stay above its lows in April (108-109) and Nov of last year (100).
Sold $JBHT Nov 16 100 puts @ 1.45. Delta 14.
NFLX
BTC IC 445/450 360/355 1.49 sold 7/2 @ 1.97 Jeff made me a bit more cautious
NFLX earnings
#Earnings I sold $NFLX July 20th 360 puts last week, avg price 4.07.
Looking at the stock’s move over the last 12 quarters, with the stock right now at 400, its
ONE-DAY max UP move would take us to 476.08 (19.0%), max DOWN move would take us to 347.52 (-13.1%)
FIVE-DAY max UP move would take us to 511.00 (27.8%), while max DOWN move is the same, 347.52.
I may sell 475 calls if I can get a buck or more.
GOOGL
BTO Jul 27 1150/1152.50 1.90 #supercharger
Hello!
Hey everyone, my dad has been having some serious health issues where I’ve found myself called to the hospital on a moment’s notice, a couple times. So my trading is more position-oriented now, less active, longer term focus, until I get past this. I’m still trying to read everyone’s posts as I can! I was sad to miss the 3-in-5 trigger a week ago.
Sue
Econ Calendar for week of 7/16/18
Be sure to periodically click Home/REFRESH to keep Bistro features updated.
Notable Earnings AM Mon:
BAC, BLK
Notable Earnings PM Mon:
NFLX
Notable Earnings AM Tues:
CMA, FHN, GS, JNJ, NSM, MC, PGR, PLD, SCHW, UNH
Notable Earnings PM Tues:
CSX, FNF, FULT, HOPE, HWC, IBKR, MLNX, PNFP, UAL, WTFC
Notable Earnings AM Wed:
ABT, ASML, GWW, MS, MTB, MTG, NTRS, NVS, TXT, USB
Notable Earnings PM Wed:
AA, AXP, BXS, CCI, CCK, EBAY, IBM, PTC, SLG, TCBI, UMPQ, URI
Notable Earnings AM Thurs:
ABB, ADS, BBT, BK, BX, DHR, DOV, DPZ, EWBC, FITB, GPC, HOMB, KEY, NUE, PM, PPG, RPM, SAP, SNA, TRV, TTS, UNP, WBC, WBS
Notable Earnings PM Thurs:
ASB, BDN, CE, COF, ETFC, ISRG, MSFT, PBCT, SEIC, SKX, SWKS, WAL
Notable Earnings AM Fri:
BHGE, CFG, CLF, GE, GNTX, HON, KSU, MAN, RF, SLB, STI, STT, SWK
Notable Earnings PM Fri:
None
Expiration and Trades
#optionsexpiration
$ROKU Stock taken away at 47.50 Basis 42.60
$TQQQ 60 puts
$AMZN 1600/1620 BUPS
$SPX 2625/2650 BUPS Thank you @jeffcp66
#bitty
$WYNN 167.50/172.50 Lost Max
Catching up on posting
#shortputs
$GOOGL STO 7/23 1105/1115 BUPS at .95
$AVGO STO 8/17 195/210 BUPS at 4.85
$ IQ STO 8/17 35 put at 5.00
$IQ STO 7/20 30 put at .62
$TNDM BTC 7/20 17.5 calls at .10 STO at 1.40
#spxcampaign
$SPX STO 7/25 2725/2750 BUPS at 2.25 Thank you @jeffcp66
#longcalls
$IQ BTO 8/17 35 calls at 3.60
Closed Early
$TSLA BTC 7/20 270/280 BUPS at 80% of max profit Thank you @ramie77
Afternoon all
Just 1 expiring
TWTR 45.50 calls
Rolled everything else earlier.
Have a great weekend.
#shortputs #closing #rolling FEYE March…
#shortputs #closing #rolling FEYE
March 16 sold an April 20, 17 put for .43, rotten timing, rolled 5 times, closed today for a gain of .67, still have 300 underwater assigned shares from a few years ago
#spycampaign Sell more BeCS 2805/2820…
Sell more BeCS 2805/2820 for 0.40
also BeCS 2815/2825 for 0.25 SPX 2800.47 now
I plan to add a BuPS 2795/2780 when it approaches $1, now 0.70
CSCO is down 4% on…
CSCO is down 4% on news
ADSK FAS GLD NVDA OLED
#LongCalls #LEAPS – Another week….luckily these are ratioed so making a little bit on the run up. Did a little rolling but still keeping some downside room.
ADSK: (selling against short puts and long LEAPS)
Rolled ADSK JUL 13 2018 133.0 Calls to JUL 27 2018 135.0 Calls @ .48 credit
FAS:
Rolled FAS JUL 13 2018 64.5 Calls to JUL 27 2018 65.5 Calls @ .39 credit
Added one as well. Still little to no upside risk…
Sold FAS JUL 27 2018 65.5 Call @ 2.54
GLD:
Bought to Close GLD JUL 13 2018 119.0 Calls @ .01 (sold for .78)
And on the little bounce a couple days ago:
Sold GLD JUL 20 2018 118.5 Calls @ .44
NVDA:
Rolled NVDA JUL 13 2018 245.0 Call to JUL 20 2018 247.5 Call @ .35 credit
OLED:
Rolled OLED JUL 13 2018 90.0 Calls to JUL 27 2018 91.5 Calls @ .15 credit
Waiting to see how the AMAT 46 calls turn out and that’s it for this week…
Options Bistro 