1dte ES

STO ES 1/14 2565 – (10 points) Put Vertical Spread/Binary
STO ES 1/14 2615 + (10 points) Call Vertical Spread/Binary
1.95+ combined credit

Options Expiration

#OptionsExpiration – Actually had one this week…

RTN 162.0/172.0 Bear Call Spreads (sold for .69)

SPX 1-dte sold

#SPX1dte Sold $SPX Jan 14th 2520/2540-2630/2650 iron condors for .90.

Econ Calendar for week of 1/14/19

screen shot 2019-01-18 at 10.35.16 am

screen shot 2019-01-11 at 10.59.10 am

Link to calendar: https://us.econoday.com/byweek.asp?day=14&month=1&year=2019&cust=us&lid=0

#spycraft Opened leg 2 of…

#spycraft

Opened leg 2 of the IC. STO the 21 DTE 268/270 ccs for 0.24. Now have the 242.5/240.5 and 268/270 IC for 0.44 credit.

I will open another batch on Monday after some stocks are finally called out.

Every Thur. or Fri. add another rung to the ladder but with so many SPY expirations you can do M,W, or F.

#shortputs #closing MU Nov. 8,…

#shortputs #closing MU

Nov. 8, sold Dec. 18, 35 put for .73, Dec. 14 rolled to January, Dec. 28 rolled to February, closed today , made $59.

SPX 1-dte closed

#SPX1dte Closed short calls for .10 and short puts for .05. Condor sold yesterday for .90.

Will sell one for Monday at the end of the day.

C (Citigroup) earnings analysis

#Earnings $C reports Monday morning. Below are details on earnings one-day moves over the last 12 quarters.

Oct. 12, 2018 BO +2.13%
July 13, 2018 BO -2.20%
April 13, 2018 BO -1.55%
Jan. 16, 2018 BO +2.27%
Oct. 12, 2017 BO -7.63%
July 14, 2017 BO -2.58%
April 13, 2017 BO -5.07%
Jan. 18, 2017 BO -5.02%
Oct. 14, 2016 BO +5.66%
July 15, 2016 BO +5.93% Biggest UP
April 15, 2016 BO +5.61%
Jan. 15, 2016 BO -13.59% Biggest DOWN

Avg (+ or -) 4.94%
Bias -1.34%, slight negative bias on earnings.

NOTE: above are the 1-day moves; I checked 5-day moves and the ranges are actually LOWER, meaning that any extreme one-day moves were faded to be less severe after a few days.

With stock at 57.00 the data suggests these ranges:
Based on current IV (expected move into next Friday per TOS): 53.98 to 60.02
Based on AVERAGE move over last 12 quarters: 54.19 to 59.81
Based on MAXIMUM move over last 12 Q’s (13.6%): 49.25 to 64.75

Open for requests on other symbols.

Closing March BOIL

Bought to close $BOIL Mar 15 50 call @ .35. Sold for 4.10 on 11/5.

WTW

#LongCalls #LEAPS – A little heavy on the weekly sales so booking this one from yesterday just in case in the “extremely outside chance possibility but nearly impossible odds” that the stock actually bounces…

Bought to Close WTW FEB 1 2019 40.0 Calls @ .30 (sold yesterday @ .75)

WYNN

#LongCalls #LEAPS – I’ve got some exposure in one account with covered stock so closing a tiny position in a different account that was just the LEAPS. Gradually getting more streamlined where I can be less active and settle in for the long term on just a few tickers.

Bought to Close WYNN JAN 18 2019 110.0/125.0 Bear Call Spread
Sold to Close WYNN JAN 15 2021 130.0 Calls

All said and done lost .62 on a 2 lot…

SPX 1dte IC

Legged into a Jan14 SPX IC using 5-min Tide indy with MACD to improve entries.
Sold SPX Jan14 2630/2635 ccs @.30 x4.
Sold SPX Jan14 2530/2525 pcs @ .25 x4 to complete IC.
Total credit $220

#spx1dte
#bitties