geewhiz112 7:58 pm on Friday, September 21, 2018
Tags: Assigned ( 5 ), LongCalls ( 494 ), OptionsExpiration ( 730 ), ShortPuts ( 4,638 )

PYPL FB AMZN LABU BIDU Close Early Plus Expirations Assignments

#longcalls
Closed Early
$PYPL BTC 9/21 90/95 BUCS for .85 STO at 1.97
$AMZN BTC 9/21 1800 call at 116.80 BTO 8/6 at 65.62 Not around all day and got clobbered at EOD. Fortunately I have earned an MOB (Masters of Option Bistro) degree and sold 22.84 of calls against the long calls (rolling often) Thanks to all the Jolly rollers who taught me that aspect.
$BIDU STC 9/21 220/230 BUCS at 9.50 BTO at 4.08
$LABU STC 9/21 95.50 calls at .35 BTO at 3.90
#shortputs
$FB BTC 9/21 155/165 BUPS for .40 STO at 2.50
Closed Early
$AMZN BTC 9/21 1880/1900 BUPS at .05. STO 8/29 for 2.70

#optionsexpiration
$TNDM 40 call Covered
$KR 31 call Covered
$NVDA 285 call
$MTN 300 call
$DBX 26.5 call Covered
$ESPR 40 put
$TNDM 35 put
$MO 61 put
$SRPT 137/142 BUCS
$NFLX 320/335 BUPS

Total Loss
$TSLA 330/340 BUPS

#Assigned
$TNDM 45 and 44 puts Basis 41.4

Thanks to all that make the bistro special. Have a great weekend

Jeff 2:15 pm on Friday, September 21, 2018
Tags: VIXIndicator ( 274 )

Missed it by that much

#VIXIndicator The close bumped us up to 11.68, so still no start of the countdown to an Upside Warning.

Ramie 2:02 pm on Friday, September 21, 2018

Options Expiration for 9/21

I didn’t have many left to expire. Took a bunch off early this month.

Expirations for full profit:
$QQQ Sep 21 182/172 BuPS
$WDC Sep 21 57.50 puts
$WHR Sep 21 115 puts
$NFLX Sep 21 330/320 BuPS
$SQ Sep 21 75/70 BuPS (see below)

Expirations for full loss:

$SQ Sep 21 75/80 BeCS–stock went through the money quickly. I sold a put spread against it and then rolled that up (the one that expired today) but the position will still be a loss. 5.00 spread offset by 3.60 in total premium = 1.40 loss on this position). I didn’t have time to post earlier but I reinitiated a bearish position on this in October with a 90/95 bear call spread for 1.08 credit.

$SODA Sep 21 130/135 BeCS–not much I could do here. On 8/20 the takeover was announced and the stock immediately started trading between 142 and 143 and has been that way since. There was no premium in any put options to sell to offset. Just one of those things that’s an occupational hazard of this business. I’m glad I was hedged with a spread. Took in 1.50 against the 5.00 spread so a 3.50 loss. Sayonara SodaStream. Good luck at Pepsi.

Took off before the close today:
$EWZ bought to close Sep 21 34/37 inverted strangle @ 3.27. Position was originally a 37/39 strangle and I rolled the 39 calls down to go inverted with 34 calls and 37 puts. Total premium taken in was 3.54 (2.57 for the original strangle plus .97 for the roll down) so I’m out of this for a .27 profit.

Need to decompress. Have a great weekend everyone.

jsd501 12:42 pm on Friday, September 21, 2018

Expirations, have a nice weekend.

I am heading off to the gym in a few minutes so there are only 2 expirations today.

HOS, 35 calls covered. Will short again next week.

SIVB, 300 puts. Sold some more this morning that will expire in January.

Jeff 12:39 pm on Friday, September 21, 2018
Tags: CoveredCallCampaign ( 132 ), Rolling ( 408 )

Covered Calls

#CoveredCallCampaign
#Rolling $BABA hit 170 in the pre-market; I closed one of two calls I had at the 170 strike. Kept the other.
BTC BABA Sep 28th 170 call for 1.95. Sold for 1.55 on Sept 12th
#Rolling Sold BABA Oct 5th 175 call for 1.60

BTC $SQ Oct 5th 97 covered calls for .25. Sold for 2.45 on Sept 13th

Sold $MU Sept 28th 45 covered call for .90. I also am still long Oct 5th 45 calls.

BTC $OLED Sept 21st 122 covered call for .40. Sold for 1.50 last Friday.
Sold Sept 28th 124 call for 1.65.

generalmelchett 12:06 pm on Friday, September 21, 2018
Tags: Fuzzy ( 414 )

EWZ

BTC 9/21 34 call @ 0.02..STO 9/5 @0.29..This is against my Jan 20 32/32/30 #fuzzy. Need 0.08 per week to cover. I am selling calls mainly at 14 dte every 7 days as an experiment

STO EWZ 10/5 35 Call @0.50

Jeff 11:18 am on Friday, September 21, 2018
Tags: lophir ( 35 ), supercharger ( 160 )

NVDA Supercharger

#SuperCharger I was looking at a #Lophir but wasn’t liking the margin requirement R/R. This trade is a better fit.

Bought to open $SPX Oct 26th 247.5/257.5 bull call spreads for 7.30. Profit target: 9.40.

mortlightman 10:32 am on Friday, September 21, 2018
Tags: Bitty ( 78 ), In-Out ( 18 )

SQ

BTO Oct 5 87/85 BePS .99 #in-out
#bitty

Jeff 10:05 am on Friday, September 21, 2018

Interesting chart

I think it shows stock market performance is fairly unpredictable based on Washington’s makeup.

MamaCash 9:43 am on Friday, September 21, 2018
Tags: lophir ( 35 )

Top performer update

Strategy to buy lophirs on top performers in top sectors is working so far. 100% win rate for Sept, hit 70% target profit in three weeks or less. Tickers PG, JNJ, TGT, COST, XLY, and XLV. For those who followed on these trades, I apologize for the late update.

Now holding Oct26 lophirs in BA, PG, UNH, MMM, JNJ, and WMT based on top sectors (industrial, healthcare, and comsumer staples). Posted these trades ydy and today.

#lophir

mortlightman 9:32 am on Friday, September 21, 2018
Tags: supercharger ( 160 )

AMZN

BTO Sept 28 1897.50/1900.00 Call spread $1.90 #supercharger
Order to close 2.40 GTC
Also STO Sept 28 BuPS 1900.00/1897.50 .63 Order to close .10

thomberg1201 8:58 am on Friday, September 21, 2018
Tags: ShortPuts ( 4,638 )

#shortputs DOCU Sold Nov. 47.50…

#shortputs DOCU
Sold Nov. 47.50 put for 2.30, DOCU is at 52.40.

MamaCash 8:03 am on Friday, September 21, 2018
Tags: lophir ( 35 )

Top performers

Buying lophirs in top performing stocks in top performing sectors (Health, Industrial, Consumer Staples). Set GTC orders to close positions at 70% profit based on credit received. There is some earnings risk on MMM and JNJ but not on WMT. Hope to be out of these positions before earnings.

BOT MMM Oct26 1/-2/-1/2 212.5/210/205/197.5 puts @-1.90
BOT JNJ Oct26 1/-2/-1/2 140/139/136/133 puts x2 @-.82
BOT WMT Oct26 1/-2/-1/2 94.5/93.5/92/88.5 puts x2 @-.80

#lophir

jdietz1954 8:03 am on Friday, September 21, 2018
Tags: CoveredCalls ( 2,118 )

#coveredcalls Rolled my Sept 21st…

#coveredcalls Rolled my Sept 21st 13.50 calls out and up to Oct 05th 14.50 for .20 credit.

jdietz1954 8:02 am on Friday, September 21, 2018
Tags: SPXcampaign ( 2,257 )

#spxcampaign BTC my Sept 28th…

#spxcampaign BTC my Sept 28th 2800/2820 BuPS and Sept 28th 2790/2810 BuPS at .20. Originally sold for a 1.20 and a 1.05. Mitigates the damage from yesterday a bit. Traveling next week so I’m not putting anything on. My daughter is presenting her research as part of her degree requirements so we are off to be wowed. I had always thought she would go into business. Never tried to influence her career choice. Instead she ended up in biology like her old man. Damn, genetics is a powerful thingy. Ha!.

generalmelchett 8:00 am on Friday, September 21, 2018
Tags: Fuzzy ( 414 )

XBI

BTC 9/21 97.5 Calls @0.02..STO 9/14 @0.39..These are against a Jan20 95/95/93 #fuzzy needing 0.20 per week to cover

thomberg1201 8:00 am on Friday, September 21, 2018
Tags: Assignment ( 163 ), Earnings ( 3,086 )

#assignment #earnings SKX April 19,…

#assignment #earnings SKX
April 19, sold a May 37/47 strangle, SKX went down big, rolled the 37 to October, assigned last night, cost basis of 35, stock is at almost 27, grrr