#shortputs
Closed the rest
$AMZN BTC 9/7 1780/1800 BUPS at .30 STO at 2.70. Sold the other batch yesterday at .50
Daily Archives: Tuesday, August 28, 2018
EWZ
#LongCalls #LEAPS – Still plugging away. Stop set on next week’s so adding another layer…
Bought to Close EWZ AUG 31 2018 35.0 Calls @ .02 (sold for .30)
Sold EWZ SEP 21 2018 35.0 Calls @ .43
#earnings #shortstrangles DKS Sold Sept….
Sold Sept. 21, 32/41 for 1.20, .60 each side, Dick’s is at 36.51.
CLX
BTC October 105 puts @ .05, sold at 1.50
SOXL
#ShortPuts #IRA – Yesterday…
Bought to Close SOXL NOV 16 2018 65.0 Put @ .40 (sold for 3.20)
Whiz Trades AMZN CSX
#Whiz – I’ve been adding a few of these lately….very small. Just one or two contracts. I’m becoming a believer (gulp) 🙂 🙂
Bought to Close AMZN SEP 7 2018 1862.5/1860.0 Bull Put Spreads @ .18 (sold for .95)
Forgot about this one:
Expired CSX AUG 24 2018 71.0/70.0 Bull Put Spreads (sold for .20)
Fib Queen
$AMZN I’m not crazy enough to try and pick a top with this timing work….but I am suggesting that my subscribers ratchet up stops and protect profits as we are near target 1 and 8/28-29 cycles may offer resistance to the move
A TRADE: Day trading this.
$ROKU BTO STOCK @63.05, As it crossed VWAP. Just trying to maximize my regular holdings in ROKU. Not for everyone.
TQQQ roll
I rolled my 68.5 calls for September 7, out to September 14, 69 calls for a credit of .20 cents and a 1/2 point better strike price. Now we just need a pull back so these can expire.
FAS
#LongCalls #LEAPS – Trimming a little more here. This one was ratio’d and still got partially run over so taking a small winner on what feels like a down day…LOL Gradually building cash reserves at this point…
Bought to Close FAS AUG 31 2018 66.5 Calls
Sold to Close FAS JAN 17 2020 67.0 Calls
All said and done a .43 winner on a 10 lot. Not a big one here but FAS has been very good to me this year.
I should go long the…
I should go long the market here so we get a pull back 🙂
Or short the market and it will keep going up
AMZN
STO Aug 31 1902.5/1900 BuPS .29 #bitty
A TRADE:
BJ BTO STOCK 26.53, For a day trade. 1/2 a position.
AMAT AMBA DG GLD
#LongCalls #LEAPS – A few sales this morning…
AMAT:
Sold AMAT SEP 28 2018 46.0 Calls @ .44 (ratio’d replacing this week’s)
AMBA:
Sold AMBA AUG 31 2018 43.0 Calls @ .83 (ratio’d for earnings this week)
DG:
Sold DG AUG 31 2018 112.0 Calls @ 1.00 (adding a couple more for earnings)
GLD:
Sold GLD SEP 14 2018 116.0 Calls @ .48
Sold GLD SEP 28 2018 118.0 Calls @ .40
AMZN lophir
Update: Changed profit target to 80% from 50%. With today’s upside, I want to give this trade more room to profit.
Update2: Closed for 70% profit.
STO AMZN Sep28 1/-2/-1/2 1915/1885/1855/1820 PUT/PUT/PUT/PUT @ 8.69 credit. GTC order to close at 4.35.
This is a rinse and repeat trade. I take 50% profit and replace with another 30dte trade. Management is minimal. If stock price lines up with the peak on the risk graph, cut the delta in half by selling a 35/20 delta call credit spread, a long put or whatever you prefer.
A TRADE:
MZOR STO 9/21/18 45.0 PUTS @1.05. Looking to have it put to me a little cheaper. I’m anticipating, as the P&F Chart shows a double top to be, @ 49.0, and a buy signal will be at 50.0. We’ll see. ;>)
#Zebra Trade I caught a…
#Zebra Trade
I caught a rare Liz & Jny this morning “Calling All Millionaires” and caught their #Zebra trade (Zero Extrinsic Back Ratio). This is a little similar to the #Cobras I was doing a little while back (Covered Back Ratio). It looks like a good way to keep some short delta in the portfolio.
My trade today: BTO SPX Sep 26 2940 put (30DTE, 70 Delta) @51.70 x2, STO Aug 29 2900 put @ 6.80 x1. These get rolled every two days (keep track of accrued credits against the longs).
Good video here explains the trade and management:
https://www.tastytrade.com/tt/shows/calling-all-millionaires/episodes/zero-extrinsic-back-ratios-in-2-easy-steps-08-22-2018
ERX #shortputs Bought to close…
ERX #shortputs Bought to close my Aug 31st 37 Puts @ .80 off a GTC order. These were rolled out 8/10 for 2.19
GOOGL
STO Aug 31 1230/1227.5 BuPS .35 #bitty
Consumer confidence hits 133.4 in…
Consumer confidence hits 133.4 in August, vs. 126.7 estimate.
GOOGL
STO August 31, 1180/1200 bull put spread at .30 cents.
Options Bistro 