XLE

Possible #LongCalls #LEAPS entry here. Trying to bottom and you could cover over 10 percent of LEAPS cost in the first week…

#closing #assignment AAPL Dec. 11,…

#closing #assignment AAPL

Dec. 11, I was assigned 100 shares from a 185/187.50 put spread that was to expire tomorrow. I sold the long put and sold a March 14, 170 call for 2.06. AAPL is a little over 170 so I closed the covered call. I have made $45 after all is said and done from a put spread I had written off as a loser. I closed today because I have a 180/190 expiring Dec. 21. That one will take a little longer to get back to even.
Both put spreads were post earnings trades.

SPX 1-dte

#SPX1dte Sold $SPX Dec 14th 2560/2580-2700/2720 condors for 1.05. Expire tomorrow.

Also, a 45-dte roll from last month…
BTC $SPX Jan 17th 2950/2970 call spreads for .20. Sold 11/20 in a condor for 3.00 (2420/2400 puts still active)
Rolled to Jan 17th 2800/2820 call spreads, sold today for 2.55.

SMH

#LongCalls #LEAPS – Another good week in this one. Not getting sold too hard anymore but not rallying either.

Bought to Close SMH DEC 14 2018 95.0 Calls @ .05 (sold for .82)
Sold SMH DEC 21 2018 94.5 Calls @ .58

XBI

#LongCalls #LEAPS – In an IRA so rotating back and forth between spreads and naked to be able to overlap these by a few days. Next week’s spreads are safe so adding…

Sold XBI DEC 28 2018 82.5 Calls @ .51

Closing some BOIL

Had this order in to close for .05. Just got filled.
Bought to close $BOIL Dec 21 105 calls @ .05. Sold for 1.50 on 12/4.

Some more rollouts

Rolled the following short Dec in the money puts out to Jan:
$ATVI 12/21 50 puts out to 1/18/19 50 puts @ 1.06 credit
$GS 12/21 180 puts out to 1/11/19 180 puts (weekly to avoid earnings) @ 2.22 credit
$WYNN 12/21 120 puts out to 1/18/19 120 puts @ 1.78 credit

Calls sold

#LongLEAPs #SyntheticCoveredCalls
Sold $TQQQ Dec 21st 49 calls for .90
Sold $SQ Dec 21st 66 calls for .84

#earnings #ironcondor ADBE Sold Dec….

#earnings #ironcondor ADBE

Sold Dec. 21 225/230/265/270 for 1.29, right around the max moves, thanks Jeff.

OLED

#ShortCalls #BullPutSpreads – Tomorrow looks good and next wek is getting some breathing room so adding the next batch…

Sold OLED DEC 28 2018 105.0 Calls @ 1.10

UPS Falling Knife

Throwing one out there at 10 delta. Strike is at a level the stock hasn’t been in around 6 years.
Sold $UPS Jul 19 75 puts @ 1.35.

EWW

#LongCalls #LEAPS – Slow day today…finally. 🙂 🙂

Bought to Close EWW DEC 21 2018 43.5 Calls @ .05 (sold for .40)
Sold EWW JAN 4 2019 42.5 Calls @ .36

Rolling TNA

Rolled $TNA Dec 21 60 puts out to Jan 18 60 puts for 1.28 credit.

TQQQ

BTO January 18, 55 calls at 1.20 creating a 50/55 call spread against my January 2021 call position. This frees up a lot of margin and I can roll the spread if I need to.

#assignment SCCO I already owned…

#assignment SCCO
I already owned 50 shares in the copper miner (copper is important to batteries, solar and wind power so the price can only go up-riigghhht), assigned on a 40 put I’ve been trying to roll, cost basis of 151.667 shares is 41 after selling a Jan. 36 call.

#earnings #ironcondor COST sold Dec….

#earnings #ironcondor COST

sold Dec. 21, 210/215/240/245 for 1.05, right at the max moves, thanks for the data Jeff.

PVTL calls closed

#Earnings #CoveredCalls BTC $PVTL Dec 21st 21 covered calls for .05. Sold for .80 on Tuesday. Earning report has had little effect on the stock. Cost basis 19.00. Will continue to hold and sell calls.

COST earnings analysis

#Earnings $COST reports tonight. Below are details on earnings 1-day moves over the last 12 quarters.

Oct. 4, 2018 AC -5.55%
May 31, 2018 AC -0.55%
March 7, 2018 AC -0.89%
Dec. 14, 2017 AC 3.32%
Oct. 5, 2017 AC -5.97% Biggest DOWN
May 25, 2017 AC 1.79%
March 2, 2017 AC -4.33%
Dec. 7, 2016 AC 2.43%
Sept. 29, 2016 AC 3.40%
May 25, 2016 AC 3.57% Biggest UP
March 2, 2016 AC -0.77%
Dec. 8, 2015 AC -5.41%

Avg (+ or -) 3.17%
Bias -0.75%, slight negative bias on earnings.

With stock at 229.00 the data suggests these ranges.
Based on current IV (expected move per TOS): 220.17 to 237.83
Based on AVERAGE move over last 12 quarters: 221.75 to 236.25
Based on MAXIMUM move over last 12 Q’s (6.0%): 215.33 to 242.67

Open for requests on other symbols.

ADBE earnings analysis

#Earnings $ADBE reports tonight. Below are details on earnings 1-day moves over the last 12 quarters.

Sept. 13, 2018 AC 2.29%
June 14, 2018 AC -2.43%
March 15, 2018 AC 3.05%
Dec. 14, 2017 AC 1.43%
Sept. 19, 2017 AC -4.24%
June 20, 2017 AC 2.36%
March 16, 2017 AC 3.80%
Dec. 15, 2016 AC -1.47%
Sept. 20, 2016 AC 7.11% Biggest UP
June 21, 2016 AC -5.72% Biggest DOWN
March 17, 2016 AC 3.84%
Dec. 10, 2015 AC 2.76%

Avg (+ or -) 3.38%
Bias 1.07%, positive bias on earnings.

With stock at 251.00 the data suggests these ranges.
Based on current IV (expected move per TOS): 239.69 to 262.31
Based on AVERAGE move over last 12 quarters: 242.53 to 259.47
Based on MAXIMUM move over last 12 Q’s (7.1%): 233.15 to 268.85

Open for requests on other symbols.