#shortputs
Closed Part Early
$AMZN BTC 9/21 1780/1800 BUPS at 81% max profit
Closed ALL
$HA BTC 10/19 32 put at .10 STO 6/13 at 1.15 Thank you @ramie77
#longcalls
Closed part early
$AMZN STC 9/21 1800 call at 131.40. BTO at 66.52 on 8/2
#coveredcalls rolled
$NFLX BTC 9/7 345 calls and STO 9/21 365 calls at additional 1.67 debit
Steve Burns @SJosephBurns
9m
Implied moves for earnings next week(M=monthly):
$BBY 7.4%
$TIF 7.1%
$DSW 13.3(M)
$BJ 12.1%(M)
$BOX 12.7%(M)
$DKS 10.4%
$CRM 4.9%
$PVH 6.3%(M)
$DG 5.5%
$HOME 13.3%(M)
$LULU 9.0%
$ULTA 7.3%
$AMBA 10.7%
$DLTR 6.8%
$ZUO 20.2%(M)
$SFUN 11.9%(M)
https://www.wsj.com/articles/dear-investor-that-cocky-voice-in-your-head-is-wrong-1535108459
#earnings #shortstrangles BBY
Sold Oct. 70/95 strangle for 1.42
#coveredcalls TWTR Wow, now that is quite a breakout. Closed my all to early short calls @ .53, a .38 loss. I will just let this play out for a while. Maybe I should go back on vacation.
#advice #shortcallspreads SODA
Looking for the best way out. August 9 I sold a Sept. 21, 135/145 call spread for 1.33, SODA had a run up after earnings, then the Pepsi announcement put this in the money, currently at 142.
Any ideas? Thanks.
BTC LABU 85 put this week for 0.15. Sold for 1.9 last Thurs.
Rolled MU this week 50 call leap out a week for 0.32 credit. Cb now 10.94.
Followed
STO +1 2/2/1/1 ~CONDOR SSO 100 21 SEP 18 124.5/123/120.5/118 PUT @.51
Order to STC GTC [TO CLOSE/TO CLOSE/TO CLOSE/TO CLOSE] .17
#lophir
???
Bot MSFT Sep28 109c/-109p/+106p x2 @ 1.32.
My indicators were saying to go long. This will likely be a short hold. My exit price is the high at 111.15
Now that @smasty160 (Sue) has informally introduced the “lophir” to Options Bistro, I’ll start sharing some of my trades. By way of a quick refresher, the lophir trade consists of selling 30DTE 30/15 delta put credit spread x2 and buying a 40/22 delta put debit spread x 1. All of these trades are net credit. You may notice me tweaking delta and DTE at times. My goal is to make some quiet money on a low maintenance trade.
STO +5 1/-2/-1/2 SSO Sep21 124.5/123/120.5/118 PUT/PUT/PUT/PUT @ .55 credit. GTC order to close at .17
STO +4 1/-2/-1/2 TQQQ 100 Sep28 68/65.5/63/60 PUT/PUT/PUT/PUT @ .60 credit. GTC order to close at .18
Buyer beware. These trades are in the experimental stage. Current plan is to cut the delta in half when price hits the profit peak on the risk graph and cut it in half again when it hits the breakeven price or close the trade if it’s near expiration. Our backtesting indicated that we wouldn’t need to manage often but live trading can make a liar out of backtests.:-)
:
$ROKU BTO 3X This morning avg. price 63.33
$TNDM STO 9/21/18 45.0 CALLS @1.05
#shortputs #closing ESPR
August 22, followed honkhonk81 into ESPR, sold Sept. 21, 40 put for 1.77, bought today for .51.
Unrelated but need TSLA above 320
Morning Covered my long stock picking away at the basis again
#coveredcalls
Sold TWTR Aug 31st 36.50 @ .15 when TWTR was at 34.93
Sold NUGT Aug 31st 16 @ .21 when NUGT was at 14.91
With this big move up
I rolled my August 31, 105 calls out to October 115 calls for a credit of 1.35 against my 2020, 115 calls. So far I have covered 25% of my cost and have 67 more weeks to go if the October 5 calls expire at zero.
Options Bistro 