#LongCalls #LEAPS – Another day of LEAPS getting hit but weeklies doing their jobs. On the bright side after sitting down last night and looking at these types of trades with a fine tooth comb, a majority of the 2021 positions only require .05 to .15 per week to cover. It’s a long haul so just trying to avoid whipsaws now. Weekly safe spreads bringing in just 20 cents or so and letting them expire is the plan for the future until a recovery happens.
LABU: Added final long LEAP purchase to average down. Way underwater but still doable.
Bought to Open LABU JAN 15 2021 110.0 Call @ 8.00
OLED: Earnings next week so nice to get rid of these to sell again.
Bought to Close OLED OCT 26 2018 117.0 Call @ .05 (sold for 1.20)
Bought to Close OLED OCT 26 2018 120.0 Call @ .05 (sold for 1.20)
RTN: Earnings tomorrow. I’ll be selling something later today.
Bought to Close RTN OCT 26 2018 205.0 Calls @ .05 (sold for 2.05)
SMH: Double dip in this expiry…
Bought to Close SMH NOV 9 2018 106.0 Calls @ .05 (sold for .97)
Sold SMH NOV 9 2018 99.0 Calls @ .35
XBI:
Bought to Close XBI NOV 2 2018 89.0 Calls @ .05 (sold for .76)
UVXY:
Big post coming later on my big change in strateegery for trading this symbol. It changed so I am too. Hoping for more potential profit with less buying power used and less volatility within the position.