#supercharger
Maiden Voyage – shoals abound
$GOOGL STO 9/28 1155/1165 BUCS at 7.20 Thank you @jeffcp66
#shortputs
$CMG BTC 9/28 440/460 BUPS at .50 STO at 3.30 Thank you @ramie77
$TSLA BTC 240/250 BUPS at .55 STO at 1.60 Kudos to @ramie77
$IQ BTC 9/21 35 put and STO 10/19 35 put at .30 additional credit
$HAL BTC 9/21 40 put and STO 10/19 35 put at .26 additional credit
I was assigned overnight on my short Jan 75 puts (which I’ve been rolling since they went ITM about a year ago). I thought we had a shot of getting close previous levels again back in July but things have retreated since then. I’ll sell calls on the next big move up but for now just staying long. Premium taken in so for is 11.59 so basis is 63.41.
6.5″ display, just announced.
Watch live at https://www.apple.com/apple-events/september-2018/
#Earnings Taking a shot on this one since premium is high, but defining max risk since this is its first earnings report, and the options expire next Friday.
Short Strikes are about 20% OTM.
Sold $PVTL Sep 21st 17.5/22.5/34/39 condors for 1.70.
#supercharger – STC 14 SEP 345/350 BuCS @4.70….Opened 8/28 @3.89..
BTO 28 SEP 342.5/347.5 BuCS @3.80…GTC order to close @4.70
#spxcampaign Stopped out of my Sept 14th 2930/2950 BeCS @ .10 (Profit target). Originally sold 9/7 for .40.
#LongCalls #LEAPS – Could be a fake out today so starting gradually with about one third position and non-hedged.
Bought WDC JAN 17 2020 57.5 Calls @ 8.80
Sold WDC SEP 21 2018 58.0 Calls @ 1.01
#ShortPuts #IRA – Adding one more slightly more aggressively.
Sold SOXL Nov 16 2018 100.0 Put @ 3.50
Already short the Nov 90 strike @ 5.10 from awhile back…
#ShortPuts #IRA – Freeing up some cash and selling first Feb position.
Bought to Close DG Jan 18 2019 75.0 Put @ .25 (sold for 2.26)
Bought to Close JNJ Nov 16 2018 115.0 Put @ .22 (sold for 3.05)
Bought to Close JNJ Dec 21 2018 110.0 Put @ .24 (sold for 2.37)
Sold SOXL Feb 15 2019 75.0 Put @ 3.50
#ShortPuts #IRA – Adding one…great divvy down here.
Sold STX Dec 21 2018 45.0 Put @ 2.34
Not selling any puts in WDC yet but considering adding a long term LEAPS position.
Sold $AMAT Jan 18 34 puts @ 1.23
Look at it fall after a parabolic rise (twice). Luckily for me I sold a Sept 21 BeCS 36/50 for $8.50. I averaged it with an earlier position sold for much less. Presently worth $7.07, break-even for me.
#spxcampaign Sold Sept 21st 2940/2960 @ 0.80 when SPX was at 2887.41. Profit limit @ .20 Mark and stop loss @ 1.80 Mark. This is paired with the Sept 21st BuPS
Rolled 10 DTE #fuzzy to 23 DTE for 0.23 credit. Cost basis now 9.70.
At least WDC rebounding a little.
#CoveredCallCampaign
Yesterday:
Sold $BABA Sep 28th 170 call for 1.55
Sold $AAPL Sep 28th 227.5 calls for 3.60
#PieTrades
Closed $MU Sep 14th 47.5 covered call for .08. Sold last week for .75. Leaving the deck clear for earnings next week.
Today:
BTC $AMAT Sep 14th 125 covered call for 2.50. Sold last week for 2.00. Ex-div tomorrow, so I’ll wait until after to sell new calls. #PieTrades
#Earnings repair
Sold $TSLA Sep 21st 300 call for 4.25
Sold $RH Sep 28th 135 call for 2.30
#earnings #shortstrangles #closing LULU
August 30, sold a seemingly safe 115/155 strangle for 2.12, stock about 138. LULU touched 160 a couple times, has backed off some, finally became slightly profitable this morning, just under 153, bought the strangle for 1.93, playing it safe and freeing up 3K in margin.
Options Bistro 