#leaps
Rolled AAPL 5 Oct 225 Call to 19 OCT 227.5 @.12 Credit
Monthly Archives: October 2018
XBI.
#fuzzy
BTC XBI 5 OCT 18 97.5 Call @.02…STO 9/28 @.39
STO XBI 12 OCT 18 95 Call @.56 with XBI @93.04
A TRADE: Added a little.
SFIX BTO STOCK @29.99
FYI BZQ ETF is down…
FYI
BZQ ETF is down 11%
#shortputs STO LABU Nov02’18 70…
STO LABU Nov02’18 70 PUT @ 1.85
NFLX pre-ER lophir
This pre-ER 37/30/20/10 lophir replaces the one that closed for profit earlier today.
Bot NFLX Oct 19 +1p/-2p/-1p/+2p 365/357.5/340/325 PUT/PUT/PUT/PUT @ -6.70 x1
Breakeven point 343. GTC order to close @ 2 for 70% profit. Will close before ER if it hasn’t closed before.
Covered Calls
#CoveredCallCampaign
BTC $BABA Oct 5th 170 call for .15. Sold for 1.55 on Sep 19th.
Sold $OLED Oct 12th 126 call for 2.00.
Sold $FB Oct 19th 157.5 puts for 2.30
And #Earnings Repair:
BTC $TSLA Oct 12th 250 put for .93. Sold for 11.30 on Friday.
Rolled to: Sold $TSLA Oct 12th 285 put for 4.15
AVGO TNA SJM
#ShortPuts #IRA – Closing a margin hog for nice gain and replacing with a couple others….a Feb type selloff would put TNA at about 67 so looking at that level.
Bought to Close AVGO JAN 18 2019 170.0 Put @ .41 (sold for 5.00)
Sold TNA DEC 21 2018 70.0 Put @ 2.35
Sold TNA JAN 18 2019 65.0 Put @ 2.30
A divvy play on SJM. Would love to get it down here…
Sold SJM JAN 18 2019 95.0 Put @ 2.39
#coveredcalls Covered up my long…
#coveredcalls Covered up my long high basis MU with Oct 5th 47.5 calls with the stock at 47.58. Whittling away.
#callratiospread SQ TastyTrade idea sold…
TastyTrade idea sold Nov. 19, 100/110, bought one 100 call, sold 2 110 calls for .52.
BOILing over
#ContangoETFs My next order filled; sold $BOIL Jan 2019 45 call for 2.25. Next order in to sell at 3.00.
MELI
BTO 330/340 Bull call spread @ 6.74
REGN long
#SuperCharger Replacing the NVDA one that closed yesterday. This expires before earnings.
Bought $REGN Oct 26th 380/390 bull call spread for 7.35. Price target 9.40.
#gold Sold NUGT for $13.95,…
#gold
Sold NUGT for $13.95, bought 9/12 for $11.94 worth the wait
#spxcampaign #ironcondor Sold to open…
#spxcampaign #ironcondor Sold to open Oct 15th 2850 / 2830 BuPS for 1.10 when SPX was at 2920 Stop loss on the IC is 3.65 with profit set at .20
A TRADE:
SFIX STO 10/5/18 34.0 CALLS @.60 Will buy stock to cover if necessary. Expires Friday.
Chips are breaking out
#PieTrades #LongCalls
Sold $MU Oct 12th 47 #CoveredCall for .90.
Still long Oct 5th 45 calls, bought for 2.02 on Sep 20th, which hasn’t worked out yet and probably should have taken a 50% loss last week. But maybe I’ll get the breakout just in time.
#spxcampaign Sold to open Oct…
#spxcampaign Sold to open Oct 15th 2885/3005 BeCS for 0.65 when SPX was at 2926. I have a BuPS to pair waiting for a fill.
BABA
STO October 19, 165 calls at 1.92 to offset my January 2019, 200 calls. I also have the 185 calls that expire on Friday so I am pre selling the calls.
A TRADE:
TNDM STO 10/12/18 41.5 CALLS A chance I’ll have to buy stock to cover.
NFLX lophir closed
#Lophir Closed on GTC order: $NFLX 300/325/340/350 lopper for 2.50. Sold for 8.35 on Sept 19th. Thanks MamaCash!
Fuzzy – I have a…
Fuzzy – I have a document by Adam Mesh where he buys a call, then sells one for a debit. As he rolls the sold
strike, he get’s a credit . the bought call is 5 -7 weeks out and is 1 strike ITM. He makes money as he rolls the short strike at .05 db. This reminded me of Fuzzies. Is it? I have not been here for awhile so my memory is a bit vague on Fuzzies. Thanks
Pre-market
/CL STO the 43 DTE 88 call for 0.24 for the 64/88 strangle.
Looks like it may have finally found a top.
Trades
#shortputs
Rolled Again
$GOOGL BTC 10/5 1190/1210 BUPS and STO 10/19 1190/1210 BUPS at 1.47 extra credit. Earnings after expiration.
#shortcalls
$CRON STO 10/5 12.50 calls at .50 Covered
$AMZN STO 10/5 2012.5 calls at 27.00 Sold against 10/19 1900 calls. Earnings 10/25
#longcalls
Closed Early
$BA STC 10/19 350/370 BUCS at 17 .00 BTO 9/12 at 8.13
$VRSN BTO 11/16 160/165 BUCS at 2.41
AMZN Afternoon all. #ironcondor Legged…
AMZN Afternoon all. #ironcondor Legged into an Oct 19th Iron Condor with AMZN @ 2010+/-
1860/1840 BuPS @ 1.33 and 2160/2180 BeCS @ 1.23. Profit targets either side is .30 with a stop loss at 4.10.
#shortputs #rolling NKTR Rolled Oct….
#shortputs #rolling NKTR
Rolled Oct. 19, 60 put to Nov. 19 for 3.88, NKTR down over 4 points today, looking like a #fallingknife candidate.
A TRADE:
TNDM STO 10/12/18 36.50 PUTS @1.05
NVDA closed
#SuperCharger Sold to close $NVDA Oct 26th 247.5/257.5 bull call spread for 9.50. Bought for 7.25 on Sep 21st.
AAPL roll
#CoveredCallCampaign
BTC $AAPL Oct 5th 215 puts for .15. Sold for 1.78 on Sep 15th.
Stopped: $AAPL Oct 19th 227.5 calls for 3.90. Sold for 2.10 on Sep 25th.
#StrangleRoll: Sold Oct 26th 220/232.5 strangles for 4.75
SJM
Partial fill, BTC October 19, 85 puts @ .05, sold at 1.16
TRADES:
MSFT 10/12/18 STO 115.0 PUTS @1.03
MSFT 10/12/18 BTO 110.0 PUTS @.16 A BuPS
ESPR 11/16/18 STO 60.0 CALL @4.10
Added BOIL
#ContangoETFs Sold $BOIL Jan 2019 45 call for 1.75, adding to my position. Order in for another at 2.25.
Oil
Already closing the 84.5 44 DTE call on the strangles. Only $200 loss. Leaving the put open until oil either forms a new range or reverses. Re-entry is only a commission away.
TRADES: Some posted late.
TNDM STO 10/5/18 44.0 CALLS @.70
TNDM STO 10/5/18 43.0 CALLS @.80
TNDM STO 10/5/18 38.50 PUTS @.85
ESPR STO 11/16/18 40.0 PUTS @3.10
ESPR STO 11/16/18 55.0 CALL @5.60
VIX insurance
Added a couple more VIX Mar 20/30 call debit spread @ .95. This is a hedge, not looking for profit.
ISRG
STC on GTC order ISRG -1 1/-2/-1/2 26 OCT 18 547.5/535/520/505 PUT/PUT/PUT/PUT @-1.74…BTO 9/19 @-3.75 #lophir. Thankyou @MamaCash
Gartman goes long
https://www.zerohedge.com/news/2018-10-01/gartman-defies-wall-street-goes-long-us-stocks-short-europe?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+zerohedge%2Ffeed+%28zero+hedge+-+on+a+long+enough+timeline%2C+the+survival+rate+for+everyone+drops+to+zero%29
TWTR
BA
STO December 345 puts @ 5.10 with stock at 380
SVXY
I am selling covered calls to earn some premium.
STO October 19, 62 calls at .38 cents and .35 cents. I intend to roll these into the new year if I have to but will be taking a loss to offset any profits for this year.
BA
STC October 12, 350/360 bull call spread at 9.55, bought at 7.90
FDN VRSN directional trades
Bot long positions on these two based on weekend research. That research did not take into account the gap up at today’s open but like the charts so took some extra risk.
FDN unhinged fuzzy. Bot Nov +1c/-1p/+1p 143/143/139 @2.62 x1 debit. GTC to close at double debit.
VRSN call debit spread. Bot Nov 160/165 BuCS @ 2.49. GTC to close @ 4.
AAPL pre-earnings lophir
This is a CML-inspired trade from the Discover tab. This lophir has 37/30/25/10 deltas so double the net delta that I usually do. The backtest is based on 30dte opening 30 days before earnings and closing 10 days before earnings. We don’t have a confirmed ER for AAPL so based this trade on past Oct-Nov ERs for AAPL.
Bot AAPL Nov2 +1p/-2p/-1p/+2p 220/217.5/215/202.5 @ -2.65 x1. No GTC order. Will close 10 days before ER.
#shortputs #fallingknife TRTN Sold Jan….
#shortputs #fallingknife TRTN
Sold Jan. 19, 30 put for 1.45.
#ironcondor #closing TSLA bought Oct….
#ironcondor #closing TSLA
bought Oct. 19 255/260/340/345 for 1.33, sold Sept. 25 for 1.57, small victory.
AMZN
BTO Oct 12 1975/1977.5 calls 1.89 #supercharger
Order in to close 2.40
Good Morning
Good Morning
Econ Calendar for week of 10/1/18
Link to calendar: http://mam.econoday.com/byweek.asp?cust=mam
TSLA call
Sold $TSLA Oct 5th 320 call for 5.75. Expires on Friday. Against a 250 put sold Friday as a roll, (trying to close for 1.00)
/CL
More lawn mowing musings from the weekend. After reviewing oil trades from the last year realized all the losses were because 1 side was always run over on the strangles or IC. If I had just paid attention to direction almost all of them would have been profitable. Oil is still moving up but much more slowly and my indicators are pointing to slowing momentum and seasonality effects should also kick in. Not giving up on oil, I see the potential profits but will be much more aggressive managing these either by converting to spreads quickly or rolling the losing side out quickly.
With that in mind, sold the 45 DTE 64 put last night at 0.29. The pause this morning sold the other side 84.5 call 44 DTE for .022 for the 64/84.5 strangles.
Small size until I see how my adjusting works.
Options Bistro 