#shortputs
$TNDM STO 8/17 30 puts at 3.oo
$TNDM STO 8/17 28 puts at 2.65
#shortcalls
$TRTN STO 8/17 35 calls at 1.60 Continuation of an @thomberg1201 trade. Thank you.
#shortputs
$TNDM STO 8/17 30 puts at 3.oo
$TNDM STO 8/17 28 puts at 2.65
#shortcalls
$TRTN STO 8/17 35 calls at 1.60 Continuation of an @thomberg1201 trade. Thank you.
#earnings #shortstraddle X
sold Aug. 17, 35 straddle for 3.26, TT follow.
Good luck with TSLA everyone, I’ll be back Tuesday.
STO BWBF Aug 3 322.5/325.0/332.5 .64 Cr
TT Trade #Earnings
#pietrade conversion to #fuzzy
MU sold stock for 52.61 against cost basis of 55.33 for 2.72 per share loss. Took the proceeds and bought a 55 2020 call to create a LEAP calendar. Frees up 40k in cash/margin for other trades.
Now my new cost basis adding in the purchase of the leaps at 10.60 is 13.32. Will sell weeklies against it with goal of decreasing cost to zero at some point. Have 75 weeks left (already have short 55 for next week) so that means only need about 0.17 per week to break even. Anything extra is BONUS.
I may do this more often for #pietrades that move a lot and are taking longer than normal to get back to even but I still want to stay in the ticker. MU has good premiums and want to stay in it but did not want to have 1000 shares tying up so much capital.
May do the same with WDC later in the week.
Will keep posted as to how it works out long term.
From Tradewise Volatility Advisory
SELL PSX 31 AUG 18 124/126 BeCS @.67
Question about Butterfly trade.
I made a mistake with the strikes when buying a butterfly on TSLA.
I got a DITM Call BTF instead of an OTM Call BTF
August 3rd EXP
CALLS 265/270/275
Total paid $0.23
Is there a risk for holding this trade, other than losing $23?
Is there any benefit for holding this trade?
TOS analyze tab is showing strange numbers.
I tried to close the trade, but no takers so far.
Sold to open, August 10, 1670/1680 bull put spread at .70 cents.
I’m still here…just been a crazy week outside the market so far. Nothing much to do anyway…just letting weeklies wind down for the next sales.
Have a great week!
#earnings TSLA
Anybody rolling the dice?
#shortstrangles TWTR
Followed from Tastytrade September 21 29/36 for 1.63
#fallingknife #shortputspread IPGP
It’s not falling today but sold Sept. 21 145/155 for 1.23, currently at 174, was at 240 a couple days ago.
Sold $HBI Jan 18 2019 16 puts @ .50
Anyone noticed TOS freezes for 5-15 seconds, it started yesterday and today?
Good Morning all
This is the first time on this trip I’m still awake for the open.
Sold to close $AET Aug 3rd 190 calls for 1.00. Bought for 1.50, #PreEarnings.
BTC $MU Aug 3rd 55 call for .10. Sold for .80 last week. Looking to replace. #PieTrades
#Earnings:
Sold to Open $SQ 71 calls for .78. Order in to sell the 60 puts. Calls are covered, some with stock, some synthetically with long LEAPs.
Sold $TSLA Aug 3rd 260 puts for 2.75. Looking to sell 330 calls for 2.25 on the bounce.
Sold to open, August 10, 1910/1930 bear call spread at .55 cents, adding to my small position.
Late post, too busy yesterday and nearly everyday. Work is decreasing my trading profits. s
MU rolled the 55 cc that expires Friday out a week for 0.44 credit. Cost basis now 55.79. 2 more weeks should break even then can decide whether to keep rolling for profits or reset.
I may convert this and WDC when assigned to #fuzzies to free up margin for other #pietrades