#shortcalls
Closed Early
$GOOGL BTC 8/17 1285/1275 BECS at .20 STO at 1.70
Rolled
$TRTN BTC 8/17 35 calls and STO 9/21 40 calls at 1.50 debit. Stock currently at 36.52
Daily Archives: Wednesday, August 15, 2018
Need a Miracle on 34th Street
$M 8/17 39 puts were clobbered when Macy’s sold off on the news. Earnings are the ultimate binary event when done with naked puts.
#ironcondor #shortstrangles CMG AA Follwed…
#ironcondor #shortstrangles CMG AA
Follwed a couple trades from TT
AA sold Sept. 21 37/45 strangle for 1.40
CMG sold 485/490/550/555 for 2.22 CMG up big today
More DUST
Sold at highest strikes:
$DUST Jan 18 2019 50 call @ 4.00
$DUST Mar 15 2019 49 call @ 5.10
#shortputspread #rolling AVGO July 25…
#shortputspread #rolling AVGO ANET
July 25 sold an Aug. 17, 215/210 put spread for 1.00, thinking it was recovered from a 20 point post earnings drop, but that was temporary. Rolled today to September 21, 210/200 for .35 and issued an order for AVGO to rally into Sept. 9 earnings.
ANET sold Sept. 21 230/240 put spread for 1.39 after 8 point drop today to 262.
WDC #fuzzy rolled the 37…
WDC #fuzzy rolled the 37 DTE 70 call down to 65 for 1.25 credit. Cb now 17.78.
Some stuff on sale now for anyone that has cash. MU down 6.1%. Most of the chips are down. IBB, LABU, XBI all down nicely.
Interesting but a lot of the triple products are not down as much as some of the individual names in the indexes.
Personally I am finding them easier to trade. Not moving all my money into them but much easier to handle a 6 point drop in LABU than a 4 point drop in MU because the premiums are so much higher easier and quicker to work back to even or profit. Usually only takes 2-6 weeks. With the lower premiums I was stuck in GM for 22 weeks, looks like WDC and MU will be long termers as well.
#earnings CREE Yesterday, sold Aug….
#earnings CREE ROKU
CREE Yesterday, sold Aug. 17 45/55 strangle for 1.31, closed this morning for .28, the way it is supposed to go.
ROKU Aug. 8, sold a 48 straddle for 9.42, earnings trade, closed today for 8.22.
AMZN
STO August 24, 1730/1750 bull put spread for .65 cents. A small trade and may add to it if the market reacts to the post office report.
SOME TRADES:
TUR BTO STOCK @21.49
TUR STO 8/17/18 22.0 CALLS @.40 I was too early.
TUR STO 8/17/18 22.0 PUTS @.70 Will be glad to own them at 21.30. 2.5 days to expiration.
STZ is down 8% on…
STZ is down 8% on investment news
Reversal signal on /ES on…
Reversal signal on /ES on the new indicator, can’t post it, on a different computer. What is @fibwizard showing.
QQQ put spread
Sold $QQQ Sep 21 174/164 bull put spread for 1.40 credit, to offset and create and iron condor with the 186/196 call spread I sold on 8/13. Delta of the short 174 puts is 32.
DUST Oct and Nov
Initiated positions in these months. Premiums have gotten better since I put these on a little while ago.
Sold at highest strikes:
$DUST Oct 19 49 calls @ 1.60
$DUSH Nov 16 49 calls @ 2.00
#fuzzy roll. Taking advantage of…
#fuzzy roll.
Taking advantage of the weakness in the chips. Rolled next week MU 54 call down to 16 DTE 50 call for 1.17 credit. Co
Probably do the same later with WDC if I have time.
Selling below the long leaps now so will have to be aggressive about rolling/managing.
Options Bistro 