Earnings bonanza

#Earnings Wednesday’s full up: FFIV, LVS, MSFT, NOW, TSLA, V, WHR, and then Thursday morning: AAL, BMY, CELG, COP, SHOP, SWK, TWTR, VLO.

How many trades can I place in a 6.5 hour period?

Threw a few DUST closing bids out there

At low prices to try to get some fills to close positions for a good profit target. Only 1 fill came through.
Bought to close $DUST Jan 18 50 call @ .65. Sold for 4.00 on 8/15.

DubCal for HOG

Bot ydy @ .35. Closed today for .50 x4

#earnings

WYNN

#LongCalls #LEAPS – This is a sale in the estimated earnings week but with WYNN you never know until the day of sometimes. Giving it a lot of room.

Sold WYNN NOV 9 2018 115.0 Calls @ 1.32

Dbl Cal for UPS and EW

#DoubleCalendar #Earnings

BTO $EW Oct 26th/Nov 2nd 150 call/put double calendars for 1.40

BTO $UPS Oct 26th/Nov 2nd 115 call/put double calendar for .89

#shortputs USO sold Dec 21,…

#shortputs USO

sold Dec 21, 14 put for .59

#shortstock #closing BNS Oct. 18,…

#shortstock #closing BNS
Oct. 18, sold 100 shares short for 54.52, bought to cover today today for 54.21, was greedy and gave some away but out for big city lunch money.

EWW GLD LABU OLED RTN SMH XBI

#LongCalls #LEAPS – A few buys a few sells and another 2021 roll on a beaten down name.

EWW:

Bought to Close EWW OCT 26 2018 48.5 Calls @ .02 (sold for .32)
Sold EWW NOV 9 2018 48.0 Calls @ .37

GLD: Ratio’d and rolling to give it some room…

Rolled GLD NOV 9 2018 115.0 Calls to DEC 21 2018 117.0 Calls @ .25 debit

LABU: Rolled LEAPS to 2021 and booked a weekly. No new sales yet.

Rolled LABU JAN 17 2020 110.0 Calls to JAN 15 2021 110.0 Calls @ 3.95 debit
Bought to Close LABU OCT 26 2018 70.0 Calls @ .05 (sold for 1.31)

OLED: Earnings sale leaving a lot of room to adjust prior to the announcement

Sold OLED NOV 2 2018 125.0 Calls @ 1.50

RTN: Selling half the week after earnings and waiting on the rest.

Sold RTN NOV 2 2018 202.5 Calls @ .70

SMH:

Bought to Close SMH OCT 26 2018 101.0 Calls @ .03 (sold for .65)
Sold SMH NOV 16 2018 100.0 Calls @ .58

XBI:

Bought to Close XBI NOV 9 2018 94.0 Calls @ .05 (sold for 1.14)
Sold XBI NOV 9 2018 87.0 Calls @ .65

BTFD?

Wow.

ILMN

#Earnings #IronFlies – I can’t walk away from the table. Risking my /NQ overnight profit here for a bigger payoff. Selling an iron fly just inside the expected move. 15 wide on a 19.80 move. Risking 325 to make 1175…

Sold ILMN OCT 26 2018 300.0/315.0/330.0 Iron Fly @ 11.75

TNA and UVXY Sold on…

TNA and UVXY

Sold on GTC in the morning.

STO TNA Apr18’19 40 PUT 2.50
STO TNA Apr18’19 45 PUT 3.50
STO TNA Jan18’19 45 PUT 2.00
STO TNA Jan18’19 50 PUT 2.80
STO TNA Nov02’18 55 PUT 1.10

STO UVXY Jan18’19 112 CALL 7.00

TRADES:

TWLO BTO STOCK 68.57 Covering some short 68.5 Calls expiring this Friday.
SFIX BTC 10/26/18 27.0 CALLS @.05
SFIX STO 11/2/18 25.5 CALLS @.45
S

SPX puts & UVXY call sold

#SPXcampaign Intended as a day trade… doubtful that I’ll hold overnight.

Sold $SPX Oct 26th 2700/2675 put spreads for 5.95.

Also, sold $UVXY Jan 2019 112 call for 5.25.

SPX calls closed

#SPXcampaign BTC $SPX Oct 26th 2820/2845 call spreads for .45. Sold Friday for 7.10.

This profit covers a large part of my dying long #PreEarnings trades.

GLW DubCal for earnings play

Bot GLW Oct26/Nov2 31 put/call calendar ydy @ .20. Sold today @ .37 x10

#earnings

#shortputspread CAT Followed Ramie’s idea,…

#shortputspread CAT
Followed Ramie’s idea, sold Dec. 105/110 put spread for 1.06.

ILMN DubCal for earnings play

Bot ILMN Oct26/Nov2 double calendar 305 call/put @ 2.77.

#earnings

/CL

BTC the the 52 DTE 55/86 strangle for 0.28. Sold for 0.3 so a $100 profit after a week and at least I can say I made money on something these last few weeks.

Also freed up cash and margin for a hopeful bottom

#shortcalls UVXY sold Jan. 112…

#shortcalls UVXY
sold Jan. 112 call for 6.05, highest strike

BIIB

#Earnings #ShortStrangles – Since there are other tickers I’d like to play on their earnings I’m booking this one since it’s a bit pricey. Goal was to get half of max but volatility expansion today isn’t allowing it. Stock is behaving nicely but strictly out of risk management I’m shipping it on down the road.

Bought to Close BIIB OCT 26 2018 295.0/345.0 Strangle @ 3.13 (sod for 5.20)

Any green?

My watchlist is a sea of red but there are surprisingly some regular stocks (not volatility) that are green…

AMBA
BIIB
CMG
PM
RTN
T
TSLA
WHR

Back to the drawing board.

Officially went flat on the year with todays drop on paper. Gave back all the profits since Feb. Obviously income investing cannot keep up with extended moves.

I am comfortable with my directional trading now but do not have the time to watch the markets all day.

Have to come up with a hybrid trading model. Core based on income investing but really need to take some directional plays to boost returns and keep up with the extended directional moves. As I generate cash with rolls will figure out how to do that better.

Hope everyone else is preserving some gains.

#shortstock #closing KBE Oct. 17…

#shortstock #closing KBE
Oct. 17 sold short 100 shares at 44.19, bought to cover today for 41.72, minus a transaction fee of 13.90. Imagine a bank ETF with some transaction fee, heh heh.

TNA

#ShortPuts #IRA – Getting down into levels where I definitely wouldn’t mind owning some. Adding to the ladder…

Sold TNA DEC 21 2018 50.0 Put @ 2.50

TQQQ

#ShortPuts #IRA – Sold TQQQ Jan 18 2019 40.0 Put @ 2.50

ILMN earnings

#Earnings Sold $ILMN 275/350 strangles for 2.65. Analysis in my post below.

LMT DubCal

Bot Oct26/Nov2 325 double calendar ydy to play thru earnings. Bot @ 2.15. Sold @ 4.

#earnings

BA Earnings Analysis

#Earnings $BA reports tomorrow before the bell. Below are details on earnings 1-day moves over the last 12 quarters.

July 25, 2018 BO -0.65%
April 25, 2018 BO 4.19%
Jan. 31, 2018 BO 4.93%
Oct. 25, 2017 BO -2.84%
July 26, 2017 BO 9.87% Biggest UP
April 26, 2017 BO -0.98%
Jan. 25, 2017 BO 4.24%
Oct. 26, 2016 BO 4.68%
July 27, 2016 BO 0.82%
April 27, 2016 BO 2.88%
Jan. 27, 2016 BO -8.92% Biggest DOWN
Oct. 21, 2015 BO 1.66%

Avg + or – 3.89%
Bias 1.66%, slight upside bias on earnings.

With stock at 345.00, the data suggests these ranges.
Based on current IV (expected move per TOS): 326.25 to 363.75
Based on AVERAGE move over last 12 quarters: 332.55 to 359.45
Based on MAXIMUM move over last 12 Q’s (9.9%): 311.85 to 380.15

UVXY call spread

Sold $UVXY Nov 9 75/85 bear call spread @ 1.24. When things calm down this should come in quickly.

TT Cherry Picks

https://tinyurl.com/ycofjoja

TSLA tomorrow

#Earnings It looks like TSLA has announced earnings date of tomorrow. Thanks @optioniceman for the heads up.

In addition to 300 call I sold earlier (and early), sold Oct 26th 230 call for 2.05

http://ir.tesla.com/events/event-details/tesla-inc-q3-2018-financial-results-and-qa-webcast

ILMN Earnings Analysis

#Earnings $ILMN reports today after the bell. Below are details on earnings 1-day moves over the last 12 quarters.

July 30, 2018 AC 12.14%
April 24, 2018 AC -3.06%
Jan. 30, 2018 AC -3.54% Biggest DOWN
Oct. 24, 2017 AC -2.83%
Aug. 1, 2017 AC 14.82% Biggest UP
April 25, 2017 AC 1.69%
Jan. 31, 2017 AC 0.92%
Nov. 1, 2016 AC -2.75%
July 26, 2016 AC 8.09%
May 3, 2016 AC 0.98%
Feb. 2, 2016 AC -3.36%
Oct. 20, 2015 AC -3.39%

Avg + or – 4.80%
Bias 1.64%, slight upside bias on earnings.

With stock at 146.00, the data suggests these ranges.
Based on current IV (expected move per TOS): 285.32 to 328.68
Based on AVERAGE move over last 12 quarters: 292.27 to 321.73
Based on MAXIMUM move over last 12 Q’s (14.8%): 261.50 to 352.50

AMZN

STO 1550/1570 bull put spread @3.60 credit.

#shortstock #shortputs #rolling #closing MRO…

#shortstock #shortputs #rolling #closing MRO
Sept. 10 sold short 100 shares @ 20.40 and MRO started going up. Bought to cover today for 19.66 after rolling an Oct. 26, 20.50 put to Nov. 23, 20 put for .30, making me long MRO.

EW Earnings Analysis

#Earnings $EW reports after the bell today. This is not one I’ve traded often, if ever, but the premium makes it look interesting. Chart is a little wacky, however. Watch your risk

Below are details on earnings 1-day moves over the last 12 quarters.

July 26, 2018 AC -8.50%
April 24, 2018 AC -3.82%
Feb. 1, 2018 AC 3.81%
Oct. 24, 2017 AC -9.55%
July 26, 2017 AC 0.64%
April 25, 2017 AC 10.49%
Feb. 1, 2017 AC -8.45%
Oct. 25, 2016 AC -17.09%
July 26, 2016 AC 5.62%
April 26, 2016 AC 0.08%
Feb. 2, 2016 AC 8.33%
Oct. 26, 2015 AC 2.76%

Avg + or – 6.60%
Bias -1.31%, downside bias on earnings.

With stock at 146.00, the data suggests these ranges.
Based on current IV (expected move per TOS): 132.96 to 159.04
Based on AVERAGE move over last 12 quarters: 136.37 to 155.63
Based on MAXIMUM move over last 12 Q’s (17.1%): 121.05 to 170.95

TSLA call

Sold $TSLA Oct 26th 300 call for 4.60.
Earnings date is not confirmed but all indications say it’ll be next week. But the uncertainty may be why this Friday’s options are jacked up.

CAT Nov

Sold $CAT Nov 16 110/100 bull put spread for 1.25 credit

T2108

I think we get it below 5% today.

Notable Earnings Mon:

CADE, HAL, HAS, IQV, KMB, ONB, PETS, PHG, PII, SALT, TCF

Notable Earnings Tues:

ACC, ALKS, AMTD, ATI, AVY, BRO, CAT, CDNS, CIT, CNC, DGX, EDU, FITB, FNB, GLW, GPK, HBAN, HLX, HOG, HUBB, HXL, JBLU, LPT, MBFI, MCD, MMM, NEE, PCAR, PHM, PNR, RF, SLCA, SLM, SNV, SPN, TRU, UTX, VZ, WAT, XRX, ZION

Notable Earnings Wed:

ALXN, AMP, APH, BKU, BPOP, BSX, BXMT, CB, CHKP, CNI, COF, CSL, DTE, EQR, EW, FCX, GD, GRA, HA, HIW, HLT, IR, IRBT, ITW, JNPR, LH, MANH, NAVI, NDAQ, NSC, NYCB, OC, PB, QSR, RES, RHI, ROIC, ROL, RRC, SEIC, SIX, SMPL, STL, STM, T, TER, TMO, TPH, TRVG, TSS, TUP, TXN, UPS, VAR, WRB

Notable Earnings Thurs:

AAL, AAN, ABB, ABX, AEM, AEP, AFL, AIMC, ALK, ALLE, ALLY, AMD, ARI, ASGN, AXTA, BC, BEN, BHE, BMS, BMY, BUD, BWA, CCE, CELG, CFX, CLGX, CLS, CMC, CMCSA, CME, CMS, COP, CRI, CSTM, CTXS, CVBF, DNKN, DRE, ECHO, EFX, ELY, ENTG, EQC, EQM, EQT, FAF, FBP, FFIV, FNF, FR, FTI, GG, GGG, GRUB, HSY, IMAX, IP, IRDM, IRM, KIM, KKR, KN, KNX, KRC, KS, LAZ, LDOS, LEA, LKQ, LM, LUV, LVS, MCK, MEOH, MLNX, MMC, MO, MRK, MSFT, MTH, NEM, NLSN, NOW, NRZ, NTRI, NVCR, NVT, ODFL, OII, ORI, PKG, PS, PTC, PTEN, PX, QEP, RCL, RJF, RS, RTN, SAVE, SCG, SHOP, SITC, SNBR, SPG, SPGI, SRE, SRPT, SWK, TAL, TECK, TMK, TRN, TROW, TSCO, TWTR, UNM, UNP, V, VC, VLO, VLY, VRTX, WHR, WM, WRI, WWE, XEL, XLNX

Notable Earnings Fri:

AJG, ALV, AON, ARLO, AVT, BIDU, BMRN, BOOT, BVN, BYD, CA, CBLK, CENX, CERN, CINF, CL, COG, COL, CPT, CUBE, CVA, CXP, CY, DECK, DFS, DLR, ELLI, EMN, EXPE, FBHS, FE, FHB, FII, FLEX, FSLR, FTV, GDI, GILD, GT, HIG, HTA, INTC, INVA, ISBC, JEF, KEX, LEG, LOGM, LPLA, LSCC, MAT, MCO, MHK, MMSI, MPWR, NATI, NOV, OFC, PFG, PFPT, POR, PSX, R, REG, RMD, ROP, RSG, SGEN, SIVB, SNAP, SOHU, SWN, SYK, TEN, UHS, VRSN, VTR, WDC, WETF, WY, WYNN, ZBH

Creative license

I took the liberty of revising Iceman’s favorite j-peg.Screen Shot 2018-10-23 at 6.15.47 AM