Final trades

#Earnings
Closed $SHOP Aug 3rd 140 calls for .15. Sold for 1.40 on Monday.
Rolled $TSLA Aug 3rd 330 calls to Aug 10th 332.5 calls for .40 credit.
Closed $SQ Aug 3rd 71 calls for 1.50… sold for .78.
Rolled $AAPL Aug 3rd 200 #CoveredCalls to Aug 10th 202.5 calls for 1.85 debit.

#PieTrades
Rolled $AMAT Aug 3rd 46.5 covered call to Aug 10th 46.5 call for .12 credit.
Sold $MU Aug 10th 53 covered call for .84
Closed $OLED Aug 3rd 100 covered call for 1.50. Sold for 2.15. Earnings next week.

#CoveredCallCampaign
Sold $FB Aug 24th 187.5 covered calls for 1.35

#OptionsExpiration 8/3/18
$AAPL 177.5 puts. Sold for .75

MamaCash 5:37 pm on Friday, August 3, 2018
Tags: post-earnings ( 2 )

Post-earnings

Although I don’t get as involved, I trade some tickers after earnings based on CML backtests. The historical patterns after earnings are not consistent across stocks. Each one seems to have a mind of its own. Also, the returns aren’t quite as dramatic or consistent as pre-earnings. That said, there is money to be made here.

If you’re interested, I highly recommend subscribing to CMLViz (https://tm4.cmlviz.com) so you can do your own backtesting. There are so many variables and only you know what you’re comfortable trading. The recommended designs include straddles, strangles, ICs, calendars, debit/credit spreads, and calls/puts.

I’m happy to share my post-ER spreadsheet. I currently have positions in GOOGL, CHKP, GRUB, LRCX, and SHOP. Closed PYPL for a nice profit. There are lots more stocks to consider but I’m going to be very selective. It’s been tough to profit this round.

My primary focus is on longer-term fuzzies, ratios, flies and SPX short-term trades so earnings trades are on the sideline.
#post-earnings

MamaCash 5:02 pm on Friday, August 3, 2018
Tags: EarningsRunUp ( 30 ), PreEarnings ( 73 )

Pre-Earnings

It’s been a busy quarter for pre-earnings trades. I’m still holding positions in BABA, NVDA, and ADSK and watching for new trades in CRM and AVGO later this month. Here’s a link to the Google spreadsheet where I track pre-ER trades. Wins far outpaced losses. Whew!
https://docs.google.com/spreadsheets/d/1RKD02IWjO9ZpAsJ7DqRojBkAnVTE1ZncFxUNHnUOZsE/edit?usp=sharing

#preearnings
#earningsrunup

jdietz1954 1:26 pm on Friday, August 3, 2018
Tags: Aug03, OptionsExpiration ( 794 ), Weeklys ( 104 )

#OptionsExpiration #Weeklys #Aug03 Just a…

#OptionsExpiration #Weeklys #Aug03
Just a couple expired
ROKU 47.50 Call
MU 57 Call
Have a great weekend.

fuzzballl 1:00 pm on Friday, August 3, 2018
Tags: OptionsExpiration ( 794 )

Expirations

#OptionsExpiration – Had a few this week….

ADSK 133 Calls (sold for 1.28)
GLD 117.5 Calls (sold for .41)
RTN 197.5 Calls (sold for 1.10)

fuzzballl 12:36 pm on Friday, August 3, 2018
Tags: LongCalls ( 495 ), LongLEAPStraddles ( 27 ), LongPuts ( 144 )

TSLA

#LongPuts #LongCalls #LongLEAPStraddles – Still playing both sides. Rolled the calls and booked the puts and sold new puts.

Rolled TSLA AUG 3 2018 290.0 Calls to AUG 31 2018 292.5 Calls @ .46 credit

Bought to Close TSLA AUG 3 2018 352.5 Puts @ 4.45 (sold for 13.15)
Sold TSLA AUG 10 2018 350.0 Puts @ 9.60

hcgdavis 9:05 am on Friday, August 3, 2018
Tags: Hedge ( 75 )

#hedge Still raining here and…

#hedge

Still raining here and the VIX is down to 11.82. Cheapest time to put on a portfolio hedge. I fully expect these to expire and lose all my $ but 1-2 times a year it may be a lottery ticket! This is based on the recommendation from option income masters (a subset of OIB). They hedge the entire portfolio almost monthly, after a big drop they cash out and put the money back in at the bottom. They finance the hedges by selling other options.

I am only hedging my core account, everything else already spreads or cash hedged so BTO 2 SPX 2550 puts 35 DTE. In a 10% correction these should be worth 11-12k which would offset the losses on the account in a 10% correction and then could close for cash to redeploy.

Hope I don’t need it but will see how it works.

MamaCash 8:35 am on Friday, August 3, 2018

Is this background supposed to…

Is this background supposed to be an improvement? lol

jdietz1954 8:13 am on Friday, August 3, 2018

TQQQ Bought to close 8/03…

TQQQ Bought to close 8/03 63 Put @ .05. I have an order to open 8/10 @ 1.00. See how the day goes.

jsd501 8:11 am on Friday, August 3, 2018

RTN

BTO January 2020 195 calls @22.94 and STO August 10, 200 calls @ .40 cents. I need .30 cents per week to break even. I only bought half my usual amount and I am under water.

hcgdavis 8:03 am on Friday, August 3, 2018
Tags: pietrade ( 143 )

1 and done today

#pietrade but new style. 42 DTE EOG 112 put sold for 1.3. Good earnings last night but good drop today. plan is to close it or roll it around 22 DTE or 50% profit whichever comes first.

Now going to beach to kiteboard for bday as soon as the tstorm passes!

fuzzballl 7:34 am on Friday, August 3, 2018
Tags: LEAPS ( 418 ), LongCalls ( 495 )

RTN

#LongCalls #LEAPS – This is a 2×4 ratio in an IRA. Another advantage to the ratios is that in a non taxable account you can let the current week expire while still getting the next sales going.

Sold RTN AUG 17 2018 200.0 Calls @ 1.24

I’ll let this week’s 197.5s expire…

fuzzballl 7:29 am on Friday, August 3, 2018
Tags: LEAPS ( 418 ), LongCalls ( 495 )

EWZ

#LongCalls #LEAPS – My first chance to work with a recovering ratio. Sold 5×10 all the way down just killing time and bringing in some premium. With the ratio the big recovery is pretty painless.

Adding one contract back on the roll to get a small credit…

Rolled 5 EWZ AUG 3 2018 34.0 Calls to 6 EWZ AUG 31 2018 35.0 Calls @ $26 net credit.

jsd501 7:24 am on Friday, August 3, 2018

AMZN iron condor August 10 exp.

STO 1660/1680 puts@.12 cents

STO 1925/1945 calls@ .53 cents

jdietz1954 7:13 am on Friday, August 3, 2018
Tags: ShortPuts ( 4,763 )

Morning all

#shortputs
$P Closed my Aug 8 Puts at .05 for a small .10 profit. A nice lunch with a beer.
$IQ That didn’t work out so well. Bought to close my 32.50 Puts @ 2.80. A 2.30 loss. Just a wrong move on so many levels. May have to go on a diet and skip that lunch.