#LongPuts #LEAPS – It’s ratio’d but rolling the weeklies down a little anyway…
Rolled DUST SEP 21 2018 40.0 Put to OCT 12 2018 38.0 Put @ .41 credit
Rolled DUST SEP 28 2018 38.0 Put to OCT 12 2018 37.0 Put @ .47 credit
Monthly Archives: September 2018
BABA
#LongCalls #LEAPS – Taking the quick winner on the bounce. 4 out of 4 on BABA this year. Still on the radar for a new entry.
Sold to Close BABA JAN 17 2020 160.0 Calls
Bought to Close BABA SEP 21 2018 160.0 Calls
All said and it’s a 3.34 winner on a huge 2 lot. I’ll take it for a quickie…
TLRY madness
Look at the Oct 19th ATM options.
240 call: 50.00
240 put: 105.00
I know puts usually are more than calls, but that’s quite a difference! Sell a straddle and your profit range at expiration would be 85.00-395.00
BABA covered call
#CoveredCallCampaign Nice to see some strength in this one, but worried it’s a dead cat.
Sold $BABA Oct 5th 170 covered call for 1.55.
NFLX lophir pre-earnings
This trade inspired by CMLViz.
Bot NFLX Oct19 350/340/325/300 x 1/-2/-1/2 put @ 8.31 credit. Will close @ 50% profit or day before earnings on Oct 16 whichever comes first. No risk to upside. BE on downside 323. Will adjust with call credit spread or long put at 330, whichever is most cost effective.
#lophir
#pre-earnings
SVXY
STO October 19, 62 covered calls @ .45 on a partial, testing the water.
BA
STC September 28 340/350 bull call spread @ 9.55, bought last week @ 8.45, I got the idea from DeBeers over on SMM.
UVXY
#BearCallSpreads – Starter positions that I’ll add to on any spikes. If we don’t get any spikes and this thing continues to tank at least I’ve got something…LOL
Sold UVXY JAN 18 2019 39.0/44.0 Bear Call Spreads @ 1.16
Sold UVXY JAN 17 2020 34.0/44.0 Bear Call Spreads @ 1.95
AZO supercharger
Sold for target profit @ 9.40. This one took patience and luck.
WFC
BTC September 21, 50 puts @.01, sold at 1.50, I wish I had sold more.
AZO Closed Early / Google FB Rolling
#supercharger
$AZO STC 9/21 720/730 BUCS at 00 BTO at 5.25 Thank you @jeffcp66 and thank the mother of all superchargers @kathycon
#shortputs
Rolling
$GOOGL BTC 9/21 1190/1210 BUPS and STO 10/5 1190/1210 BUPS at 4.50 debit
$FB BTC 9/21 160/180 BUPS and STO 10/5 160/180 BUPS at 2.10 debit
#SPXCampaign Got bacl on after…
#SPXCampaign Got bacl on after a bit of a power blip. Sold Oct 03rd 2965/2985 BeCS @ 0.95 when SPX was at 2905.14.
RTN
Nice breakout and continues to run.
BTO October 19, 210 calls @2.837
STO October 19, 220 calls @ .456
STO October 19, 200 puts @1.543
Net debit of .835
#shortputs #rolling DUST rolled Sept….
#shortputs #rolling DUST
rolled Sept. 21, 42.50 put to Sept. 28 for .82, originally sold for 1.73 on Aug. 13, DUST is at 40.34.
A TRADE:
ROKU BTO STOCK 72.24
Closing Jan NOC
Bought to close $NOC Jan 18 2019 240 puts @ .75. Sold for 2.85 on 7/25.
A TRADE: A BuPS
NKE BTO 9/28/18 80.0 PUTS @.59
NKE STO 9/28/18 85.0 PUTS @2.24 Stock @85.04
A TRADE: Late post.
TNDM STC STOCK @41.24 BTO @40.21
TRADES:
ROKU STO 9/21/18 75.0 CALLS @.50
MZOR STO 9/21/18 50.0 PUTS @1.00 Back door to stock ownership.
A TRADE:
$TNDM BTO STOCK 40.21
TRADES: ROKU sold it a…
TRADES: ROKU sold it a buck ago, but I was at an all time high and was happy. Had the stock since the upper 60’s. STC @72.42
BTO NKE STOCK @84.78
STO NKE 9/21/18 84.5 PUTS @.63 Trying to buy the stock a little cheaper.
STO ROKU 9/21/18 70.0 PUTS @.55 ” ” “
TSLA should build rollercoasters
BREAKING: Tesla share sharply drop on report that the company is facing a U.S. criminal over Musk's statements https://t.co/2c272KfMhC pic.twitter.com/3qqWxjXdPh
— CNBC Now (@CNBCnow) September 18, 2018
#shortputs #closing #fallingknife AA July…
#shortputs #closing #fallingknife AA
July 19, sold January, 35 put at 1.40, bought today for 1.05
AMBA EWZ
#LongCalls #LEAPS – Going out a little bit on these with stops and alerts set on the nearer term sales.
AMBA:
Sold AMBA OCT 12 2018 38.5 Calls @ .60
EWZ:
Bought to Close EWZ SEP 21 2018 35.0 Calls @ .01 (sold for .43)
Sold EWZ OCT 5 2018 34.0 Calls @ .55
FDX puts sold
#Earnings Post-earnings pullback: Selling at the 200 dma on a bullish trend;
Sold $FDX Oct 12th 240 puts for 2.90
#spxcampaign A little quick on…
#spxcampaign A little quick on the trigger this morning. Sold Sept 28th 2950/2970 BeCS at 0.75 when SPX was at 2894.34 Should have gone for that coffee refill first.
Good Morning
All the major indices poised to open higher today as the tariffs slapped on Chinese goods are lower than expected
Futures fading from highs
BREAKING: China retaliates against Trump’s new tariffs with its own 5%-10% tariffs on $60B of goods http://cnbc.com/id/105455033
#spxcampaign Paired my BeCS with…
#spxcampaign Paired my BeCS with Sept 28th 2820/2800 BuPS @ 1.05 when SPX was at 2894.20.
GOOGL supercharger rolled
#SuperCharger Sold $GOOGL Sep 28th 1155/1165 bull call spreads for 6.50. Bought for 6.99 last Monday.
#Rolling Bought GOOGL Oct 5th 1140/1150 call spreads for 6.85.
I’m getting leery, however, of staying long anything.
AMZN
STO September 28, 1680/1700 bull put spread @.95 cents. My next level will
be 1630/1650
Gartman
I understand that he is constructive on US stocks again. I should have known there was a reason for the market to be down.
LABU
#ShortPuts #IRA – Adding to a Dec ladder. Looked at Jan but lowest strike is still 75.
Sold LABU DEC 21 2018 60.0 Put @ 2.50
TSLA roll
#Earnings #StrangleRoll
BTC $TSLA Sep 21st 260 put for .59. Sold for 11.95.
Stopped TSLA Sep 21st 300 calls for 7.80. Sold for 3.35.
Rolled to: Sold Sep 28th 275/322.5 strangles for 8.20.
GOOGL
Rolled #supercharger Sept 21 1160/1162.5 BuCS to Sept 28 1157.5/1160 for .02 cr
AMZN rolled
#SuperCharger Bought to Open $AMZN Oct 19th 1865/1875 Bull Call Spread for 6.55. Moved strikes 25 points lower and bought this one for cheaper than usual.
#SPXcampaign Morning all from the…
#SPXcampaign Morning all from the soggy Antfarm compound. We survived. No damage to the house or barn. Lots of debris to be cleaned up. Dog is having a blast wailing all the sticks into submission.
Got a late start here but Sold NUGT Sept 21st 13.50 Calls at 0.14 when NUGT hit 12.62. Basis is being whittled away at a splinter’s pace. Now 23.53 from an assignment of 26.58 in mid May
Sold SPX Sept 28th 2950/2970 BeCS @ .90 when SPX was at 2897.78. Waiting for a fill on the put side.
A TRADE:
ROKU BTC 9/21/18 78.0 CALLS @.10 STO @.50
AMZN SC closed
#Supercharger Sold to Close $AMZN Sep 28th 1890/1900 bull call spread for 6.50. Bought for 7.35 on Sept 6th.
As an experiment, I had also sold a 1-lot in the 1900/1890 put spread for 2.70. I entered the order to close for 3.55, which is the same .85 loss as the call spread. This put spread closed when AMZN hit 1923, and the call spread closed when it hit 1924. So as for stop loss, the experiment shows these spreads work about the same. I’ll try this again to see how the winners turn out.
AMAT
#LongCalls #LEAPS – Added one to reduce basis. 60 percent size now…
Bought AMAT JAN 17 2020 50.0 Call @ 2.55
BABA
#LongCalls #LEAPS – Looking a little weak here. Early in the trade so can stay aggressive. Rolling weeklies down but not out.
Rolled BABA SEP 21 2018 165.0 Calls to SEP 21 2018 160.0 Calls @ 1.77 credit
#shortputs #closing #fallingknife HAL Sept….
#shortputs #closing #fallingknife HAL
Sept. 5, sold Jan. 35 put for 1.31, bought today for .78.
Closed AZO
#SuperCharger Sold to close $AZO Sept 21st 725/735 bull call spread for 6.50. Bought for 7.35 on Aug 30th.
The expiration on this spread is AFTER earnings, which is not ideal as you won’t get enough theta decay to take the desired profit unless you wait past earnings. I didn’t want to risk the full 7.35 on that coin toss.
Econ Calendar for week of 9/17/18
Be sure to periodically click “Home/REFRESH” to keep Bistro features updated
NOTE: There may be errors…
NOTE: There may be errors and omissions in this list. Please perform your own due diligence and confirm the earnings date BEFORE entering a trade.
+++++++++++++++++++++++++++
Notable Earnings AM Mon:
None
Notable Earnings PM Mon:
FDX, ORCL
Notable Earnings AM Tues:
GIS
Notable Earnings PM Tues:
None
Notable Earnings AM Wed:
None
Notable Earnings PM Wed:
RHT
Notable Earnings AM Thurs:
DRI, THO
Notable Earnings PM Thurs:
MU, SCS, UNFI
Notable Earnings AM Fri:
None
Notable Earnings PM Fri:
None
Three Expirations
#optionsexpiration
$DBX 28 call
$MO 61 put
$WDC 55 put Thank you @optioniceman you are a nice man!
SPX Campaign / GOOGL Rolled / MU Calls
#spxcampaign
$SPX STO 9/28 2815/2840 BUPS at 1.80 Thank you @jeffcp66
#shortputs
Rolled
$GOOGL BTC 9/14 1160/1180 and STO 9/28 1140/1160 at .67 credit Thank you @jsd501 Will be an interesting two weeks. I have my Dramamine ready.
$TNDM STO 10/12 43 puts at 2.39 Like the stock, own some and I think the downdraft will be short lived
#longcalls
$MU BTO
#longcalls
$MU BTO 10/19 45 calls at 2.40 Credit Suisse Positive Comments
$NKE BTO 9/28 77.50/87.50 BUCS at 5.45 Stock going up. Earnings 9/25 AM Hope to remember to close before earnings.
Everyone have a safe and restful weekend. Prayers to those in harms way.
Options Expiration 9/14/18
— Expired —
$SPX 2810/2835/2955/2980 iron condors. Sold for 3.80 on Aug 29th.
Have a great WE all
Have a great WE all
EOG 115 put #fuzzy rolled…
EOG 115 put #fuzzy rolled out to 28 DTE for 1.24 credit. CB now 9.96 and still have 69-70 weeks to go so only need 0.14 per week to zero cost basis.
OLED covered call
#PieTrades Sold $OLED Sep 21st 122 call for 1.50.
Trades of my day
#PieTrades created from busted #Earnings trades
Sold $OLED Sep 21st 114 put for 1.50. Selling a call before the close
#CoveredCallCampaign
Sold $AAPL Oct 5th 215 puts for 1.78. Offsetting 230 covered calls.
Sold $SQ Oct 5th 82 puts for 1.00.
#Earnings repair
BTC $TSLA Sep 21st 260 put for 1.40. Sold last week for 11.95. Still holding another, against 300 calls.
$RH Stopped out on Sep 28th 135 calls, for 5.55 and 8.00. Sold for 2.80.
Looks bullish now so sold Oct 5th 130 puts for 2.80.
AMAT AMBA AZO BABA DG ERX GLD HIMX LABU SMH XBI
#LongCalls #LEAPS – Unfortunately I’ve got to leave before the close so had to take care of these a little early. That was a good thing on some and not so good on others. Either way….rolling and selling.
AMAT:
Bought to Close AMAT SEP 28 2018 46.0 Calls @ .01 (sold for .44)
AMBA:
Overall profitable so far in spite of the selloff. Being careful with a whipsaw now.
Rolled AMBA SEP 14 2018 38.0 Calls to SEP 28 2018 39.0 Calls @ .15 credit
AZO:
Trade repair I entered as a 1×1 LEAP position. Long up 85 points but blocked by weekly. Rolling both sides up for earnings to get the weekly more rollable for later. A big pullback would give me max profit. Slight overall debit will come out of weekly premium received so far.
Rolled AZO JAN 17 2020 640.0 Call to JAN 17 2020 690.0 Call @ 33.61 credit
Rolled AZO SEP 14 2018 670.0 Call to SEP 28 2018 710.0 Call @ 34.10 debit
BABA:
Fairly new position non-ratio’d. Still using deltas for roll guidance and looking for the quick winner.
Rolled BABA SEP 14 2018 162.5 Calls to SEP 21 2018 165.0 Calls @ 1.21 credit
DG:
Long term that was a non ratio that got run over. Finally got it back to a partial ratio. Looking for break even and then out. Almost rid of most of these old ones that got run over and will look to replace on better entries next time.
Rolled DG SEP 14 2018 104.0 Calls to OCT 5 2018 105.0 Calls @ .19 debit
ERX:
Ratio’d and coming along nicely.
Rolled ERX SEP 14 2018 34.0 Calls to ERX SEP 21 2018 34.5 Calls @ .34 credit
GLD:
Treading carefully well below the LEAPS. Maybe I should sell these more aggressively to force a rally and help my ever expanding short DUST position…LOL
Sold GLD OCT 12 2018 115.5 Calls @ .41
HIMX:
An old one that hasn’t worked. Selling weekly to get as much back as I can with even being the goal here too. Just need one decent rally to get out before end of year. Replacing this week’s expiration.
Sold HIMX OCT 26 2018 6.5 Calls @ .22
LABU:
Bought to Close LABU SEP 14 2018 98.0 Calls @ .05 (sold for 1.75)
Sold LABU SEP 28 2018 98.5 Calls @ 2.10
SMH:
Long term that got run over but got it back to ratio’d. Starting to look better now. Market makers are not good in this one.
Rolled SMH SEP 14 2018 105.0 Calls to SEP 28 2018 106.5 Calls @ .12 credit
XBI:
Same as BABA above. Fairly new position non-ratio’d. Still using deltas for roll guidance and looking for the quick winner. Replacing weeklies that filled yesterday for min value right at the close.
Sold XBI SEP 28 2018 97.5 Calls @ .80
Have a great weekend everyone!
Closing ROKU
Bought to close $ROKU Oct 19 55 puts @ .62. Sold for 1.77 on 9/5.
GOOGL rolling
BTC September 14, 1180/1160 bull put spread and rolled out to September 28, 1150/1130 bull put spread for a credit of 1.00 and I may need to roll these again and again. I should have taken my small loss early this morning.
MU pre-earnings speculation
#PreEarnings Taking a shot at $MU. Chips have been beaten up lately but starting to show support. MU is now bouncing off the consolidation area from early this year. Taking a slightly OTM long call. Even if earnings reaction next week is not stellar, stock will have until Oct 5th to reach the 47.00 break-even.
Bought to Open $MU Oct 5th 45 long calls for 2.02. Keep an eye out, you might get this cheaper if we drop more intraday.
Also long shares in a #PieTrade.
Reminder, this happens on Tuesday
#VXXGame $SVXY and $UVXY splits
https://seekingalpha.com/news/3386632-proshares-announces-reverse-share-splits-two-etfs#email_link
Same old story…
BREAKING: Dow sharply drops after reports says Trump wants to move forward with tariffs on $200 billion in Chinese goodshttps://t.co/jfQ0xIUd9p pic.twitter.com/Boq8zVemOF
— CNBC Now (@CNBCnow) September 14, 2018
Bonus day off, not getting…
Bonus day off, not getting hammered by the storm so time to trade then go bike or kite, might be too windy today 🙂
Still waiting on theta decay, next week a big expiration, this one mostly rolling and a few new trades.
#pietrades
TQQQ lot 1 rolled 64 cc rolled out 2 weeks for 0.8 credit. Cost basis now 63.20
TQQQ lot 2 rolled 65.5 cc out 2 weeks for 1.3 credit. Cb now 63.15
LNG lot 1 66.5cc rolled out a week to 66 for 0.73 credit. Cb 64.67
LNG lot 2 66.5 cc rolled out a week to 66 for 0.93 credit. Cb 64.72
#fuzzy new and adjustments/rolls
New XBI 80/97 2020 Leap and 14 DTE on the 97 for cost of 19.56
LNG 50/66.5 2020 LEAP and 14 DTE on the 66.5 for 19.25
Rolls
XBI 87/95 and 95/95 2019 LEAPs rolled out to 21 DTE for 0.75 credits. Cost basis now 5.68 on the 87 and 2.2 on the 95. Getting close to a free trade on these.
Hope everyone in the path of the storm is safe and dry!
I now have about 4-6 weeks on the #fuzzy in the small accounts and have to say anything below 10k this is the way to go, even better than #pietrades. Over that you can do about the same with #fuzzy or #pietrades.
Going forward I will still be experimenting with the 45 DTE open 21 DTE close pie ladders (new hashtag maybe if it works) and will report as they roll/unwind. The TT segment that @thomberg1201 posted the other day added more evidence that may be the best way to income trade.
Hope everyone has a good weekend 🙂
Morning all. Popping in here…
Morning all. Popping in here from the “sunny” piedmont of NC in between power blips. Yeah, that’s the ticket. Rolled my ERX Sept 14th 35 Puts out and down to Sept 21st 34 P for .30 credit.
#ironcondor BABA TastyTrade idea sold…
#ironcondor BABA
TastyTrade idea sold Oct. 19, 150/155/175/180 for 2.33, BABA is just under 165.
CAT
Good morning. This is a DeBeers stock over on SMM.
BTO January 2020, 150 calls at 15.90
STO September 28 155 calls for .23 cents
Good Morning
Good Morning
DUST
MO ALRM NFLX Short Puts / WTW Roll Calls / SPX Closed Early
#shortputs
$MO STO 9/14 61 put at .40
$MO STO 9/21 61 put at .78
$ALRM STO 9/21 57.5 puts at 1.10 Thank you @fuzzballl
Closed Early
$NFLX BTC 9/21 295/305 BUPS at .05 STO at 1.95
#shortcalls
$WTW BTC 9/21 74 call and STO 10/19 80 call at a net debit of .15 Stock at 72.25
#spxcampaign
Closed Early
$SPX BTC 9/14 2810/2835 BUPS at .20 Sold for 1.80 I’m a bit skittish
XBI
#LongCalls #LEAPS – Late fill so looking tomorrow for the next sale…
Bought to Close XBI SEP 14 2018 97.5 Calls @ .02 (sold for 1.02)
VIX hedge
#Hedge – Added the second half of this today. First half filled at .05 debit and second half filled at .10 credit. Also added long 11 puts underneath the short 13’s. Basically a bullish (on VIX) double vertical…sold 13/11 put spreads to finance the purchase of 17/21 call spreads. This will also be a nice hedge for shorting UVXY after the upcoming reverse split.
Here’s the original post:
=======================================================================
Theo Trade VIX hedge
#Hedge – From a free webinar last night….Don was going out to Nov and selling 13 strike puts. Using that cash to finance the purchase of 17/21 Bull Call Spreads. He was getting it at even. I’m showing a nickel debit right now. No fill yet.
=======================================================================
AMD-taking profits on a quick one
I didn’t expect this to get to 50%+ profit in a few hours but I’ll definitely take it when it does!
Bought to close $AMD Oct 19 37 calls @ 1.02. Sold for 2.17 earlier this morning.
#shortputs DUST Sold Sept. 21,…
#shortputs DUST
Sold Sept. 21, 42.50 put for 1.73.
SPX condor sold
#SPXcampaign Sold to Open $SPX Sep 28th 2815/2840/2950/2975 iron condors for 3.65. This is replacing the condor that expires tomorrow, but I’m going 5 points closer in on each side.
WDC
Already rebounding so already adjusting to stay ahead.
Rolled 22 DTE 57 call out to 43 DTE and up to 58 call for 0.53 credit. Cost basis now 15.41 and still have 69 weeks to manage.
I am finding it easier to move up/down/out before it goes too far ITM. Once it does the deltas offset more. At that point probably better to either a) move the entire spread or b) ratio it to prevent so you have no risk to the upside.
AAPL call roll
#CoveredCallCampaign BTC $AAPL Sep 28th 227.5 covered calls for 3.55. Sold for 3.60 on Tuesday, so broke even and covered commissions.
#Rolling Sold AAPL Oct 5th 230 calls for 3.60.
#ironcondor TSLA Short strikes from…
#ironcondor TSLA
Short strikes from TastyTrade idea, sold Oct. 19, 210/220/355/365 for 1.63, TSLA is around 290.
#shortputs TastyTrade Short puts are…
#shortputs TastyTrade
Short puts are sold here very often. Here is a 7 minute market measure on managing at 25%/50%/21 days and expiration with doing something at 21 days being the winner. Doesn’t help with the 4 days to expiration puts on DUST though.
https://www.tastytrade.com/tt/daily_recaps/2018-09-12/episodes/short-put-management-performance-09-12-2018
TRADE:
ALRM STO 9/21/18 57.5 PUT @1.15 Trying to buy it a little cheaper.
Options Bistro 