#assignment yet again AAPL M…

#assignment yet again AAPL M
Assigned on AAPL, knew that would happen, basis is 174, sold Dec. 21, 170 call for .68
M assigned at 39, basis of 36.28, M at about 31
What me Worry

VXX long puts

Playing for a volatility contraction into the end of the week.
Bought to open:
$VXX Dec 21 43.50 puts @ 1.57
$VXX Dec 21 44.00 puts @ 1.80

SPX 1 -dte

#SPX1dte Sold $SPX Dec 19th 2415/2435-2635/2655 condors for 1.25. Shorts are 200 points apart. Will try to close before Fed announcement at 2pm ET tomorrow.

MO

#LongCalls #LEAPS – A cheap one I took for fun where the weekly sales got in trouble almost immediately. Rolled them way out and up. Finally getting a chance for a reset. Out to 2021 only needing .04 per week…

Bought to Close MO MAR 15 2019 57.5 Calls @ .74 (sold for .72)
Sold MO DEC 28 2018 53.0 Calls @ .36

more DUST

#BearCallSpreads – My last position in this ticker. So long ‘ol buddy!

Bought to Close DUST DEC 21 2018 30.0/35.0 Bear Call Spreads @ .10 (sold for 1.38)

SPX IC Entry

Sold on 12/13 2.35 credit

Iron Condor Entry:

STO SPX 1/25/19 2370 Puts

BTO SPX 1/25/19 2350 Puts

STO SPX 1/25/19 2870 Calls

BTO SPX 1/25/19 2890 Calls

best possible Credit

 

Exit:

3x put spread credit stop GTC

3x call spread credit stop GTC

 

AMAT DG EWW OLED TNA UVXY WYNN

#LongCalls #LongPuts #LEAPS – Taking a shot with some additional sales with stops on previous weeks that are profitable. I may get stopped out of a few of those if the market reacts positively to the Fed….but Gubment shutdown still looming….(insert OMG scary face world is ending emoji here…LOL!).

AMAT:
Sold AMAT JAN 11 2019 37.0/42.0 Bear Call Spreads @ .32

DG:
Sold DG JAN 11 2019 109.0 Calls @ .92

EWW:
Bought to Close EWW DEC 28 2018 43.0 Calls @ .05 (sold for .40)
Sold EWW JAN 11 2019 42.0 Calls @ .38

OLED:
Sold OLED JAN 4 2019 110.0 Calls @ 1.15

TNA: Added to LEAPS and new sales…
Bought to Open TNA JAN 15 2021 70.0 Calls @ 7.00
Sold TNA JAN 4 2019 55.0/60.0 Bear Call Spreads @ .52

UVXY:
Rolled UVXY DEC 28 2018 52.5 Puts to UVXY DEC 28 2018 57.5 Puts @ .56 credit

WYNN:
Sold WYNN JAN 4 2019 115.0 Calls @ 1.55

A near record setting week of premium selling last week and this week is shaping up nicely. Let’s see where the bounce goes…

DUST

#LongPuts #LEAPS – Turned out to be a good short but feel like I’ve got about all I can get for now. Gold pushing up against resistance and DUST back near it’s original starting point prior to the run up so booking it.

Entered the trade on the spike in mid August and added on the September spike. In spite of some weekly puts having issues and never quite getting to a full position it turned out ok.

Sold to Close DUST JAN 17 2020 40.0 Puts
Bought to Close DUST JAN 4 2019 32.0 Put
Bought to Close DUST JAN 4 2019 33.0 Put
Bought to Close DUST JAN 11 2019 23.5 Puts

All said and done a 4.57 winner on a 7 lot.

🙂 🙂

FDX earnings analysis

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

Sept. 17, 2018 AC -5.53% Biggest DOWN
June 19, 2018 AC -2.69%
March 20, 2018 AC -1.17%
Dec. 19, 2017 AC 3.51%
Sept. 19, 2017 AC 2.08%
June 20, 2017 AC 1.60%
March 21, 2017 AC 2.12%
Dec. 20, 2016 AC -3.33%
Sept. 20, 2016 AC 6.89%
June 21, 2016 AC -4.53%
March 16, 2016 AC 11.83% Biggest UP
Dec. 16, 2015 AC 2.02%

Avg (+ or -) 3.94%
Bias 1.07%, positive bias on earnings.

With stock at 183.75 the data suggests these ranges:
Based on current IV (expected move per TOS): 172.43 to 195.07
Based on AVERAGE move over last 12 quarters: 176.51 to 190.99
Based on MAXIMUM move over last 12 Q’s (11.8%): 162.01 to 205.49

Open for requests on other symbols.

MU earnings analysis

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

Sept. 20, 2018 AC -2.86%
June 20, 2018 AC 0.83%
March 22, 2018 AC -7.99%
Dec. 19, 2017 AC 4.02%
Sept. 26, 2017 AC 8.51%
June 29, 2017 AC -5.11%
March 23, 2017 AC 7.40%
Dec. 21, 2016 AC 12.68% Biggest UP
Oct. 4, 2016 AC -0.56%
June 30, 2016 AC -9.15% Biggest DOWN
March 30, 2016 AC -0.09%
Dec. 22, 2015 AC -2.12%

Avg (+ or -) 5.11%
Bias 0.46%, no significant bias on earnings.

With stock at 34.75 the data suggests these ranges:
Based on current IV (expected move per TOS): 31.72 to 37.77
Based on AVERAGE move over last 12 quarters: 32.97 to 36.53
Based on MAXIMUM move over last 12 Q’s 12.7%): 30.34 to 39.16

Open for requests on other symbols.

#fuzzy