#shortputs
Closed Early
$LITE BTC 8/17 50/55 BUPS at .30 STO 7/16 at 1.25
#shortcalls
Closed Early
$AAXN BTC 8/17 80 calls at .05. STO at 2.25 on 7/23
Daily Archives: Friday, August 10, 2018
SPX Campaign / Rolled MZOR puts
#spxcampaign
$SPX STO 8/24 2760/2785 at 2.70
#shortputs
$MZOR BTC 8/17 70 puts and STO 9/21 70 puts at an additional .04 credit. Yes Four Cents. But I get 4 weeks.
NVDA
#ShortPuts #IRA – Freeing up some more room in an #IRA. Earnings on this one next week so maybe get a chance to sell it again.
Bought to Close NVDA JAN 18 2019 150.0 Put @ .67 (sold for 4.40)
#fallingknife MCHP is down 11%…
Selling some premium in TSLA
Selling an iron condor with a body width of 100 points in September. Lots of uncertainty with this stock so there’s good premium out of the money. Short strikes are near 20 delta. Risking 6.70 to make 3.30. If this makes a strong move in either direction I’ll roll the other side in for additional credit.
Sold $TSLA Sep 21 290/300/400/410 iron condor @ 3.30.
Market
Is this the start of something bigger or just the weekend selling?
TQQQ
In my IRA, I bought the 2020, 66.67 calls and sold the August 17, 69.5 calls for a net debit of 16.05 so need .22 cents per week to break even.
AMAT ERX
#LongCalls #LEAPS – A couple rolls today…
AMAT:
Earnings next week…
Bought to Close AMAT AUG 10 2018 48.5 Calls @ .03 (sold for 1.60)
Sold AMAT AUG 17 2018 49.0 Calls @ .86
ERX:
Bought to Close ERX AUG 10 2018 37.0 Calls @ .05 (sold for .60)
Sold ERX AUG 24 2018 37.0 Calls @ .75
$Hegdavis WDC WDC, keeps going…
$Hegdavis
WDC
WDC, keeps going down. Converted to LEAP #fuzzy earlier in week. Was trying to roll to next week at 70 but because of the internet issues it somehow rolled to 66. Ok so took in a lot of cash but then the internet went down for a few hours. Of course during that time WDC reversed so was losing $ on the new trade and deltas were already flat. So rolled out to 43 DTE and up to 70. Took in 1.32 on the 66 call but had to buy them back and roll for 1.02 debit. So anyway after all that, now have the 60 LEAP 70 43 DTE call spread for cost basis of 19.03. If we rebound will buy back 2-3 of the short calls to let it run. Break below 65 will collar it to prevent further losses. As long as it stays 65-70 should break even in about 6-8 weeks.
As WDC is starting to break below 65, at which point would you consider a collar? Just closed out the short 08/17 70 @ 0.05 so just holding the 60 LEAP. Would appreciate your advise with this.
#shortputs This morning rolled my…
#shortputs
This morning rolled my Aug 10th 37 Puts out to Aug 31st for .90 credit.
#coveredcalls
Sold TWTR 34 Calls at .15 Slowly chipping away at the basis.
#spxcampaign Sold to open Aug…
#spxcampaign Sold to open Aug 17th 2760/2780 BuPS for 1.00 when SPX was at 2839.99. Im doing a 1 week trade as I will be taking a week off after the 17th.
ROKU
Sold the call in my ROKU earnings strangle for 5.70. Bot the strangle for 2.03. Nice 148% profit. Lucky but nice nonetheless.:-)
#earnings
WYNN
STO January 2019, 110 puts @.81 with stock trading at 148
RTN
STO August 17, 200 calls at .73, against my 2020,195 calls in 2020. I have the 200 calls that will expire today so just replacing them early.
OLED, falling knife
BTC September 70 puts @.05, sold at 1.85, closed a month early.
#ironcondor TSLA Sold Sept. 21…
#ironcondor TSLA #shortputs #rolling AAOI
TSLA Sold Sept. 21 235/245/420/430 for 1.27
AAOI Rolled Aug. 17, 40 put sold yesterday to September 18 for 1.76.
AMZN
STO August 17, 1780/1800 bull put spread for a credit of .48 cents.
OLED covered call
#CoveredCalls Sold $OLED Aug 17th 120 covered call for 2.00
ROKU Earnings
#Earnings #JadeLizard – Just to close the books on this…Jade Lizard with 50/51 on the call side and stock obviously blew through that. Closed those for .98 so picking up 2 cents and saving exercise fees. Originally sold for 1.35 so net gain of 37 cents.
See you next quarter!
Good Morning
Thought for the day
Save the earth….. It’s the only planet with chocolate!
Options Bistro 