SPX Jan16 2640/2645/2535/2530 call/put expired. Sold for .50 x10 yesterday.
Daily Archives: Wednesday, January 16, 2019
MS and AA earnings calendars
#DoubleCalendar #Earnings Forgot about these earlier… just threw them on now.
Bought to Open $MS 18Jan/25Jan 45 double calendar for .334.
Bought to Open $AA 18Jan/25Jan 29 double calendar for .44
#earnings #shortstraddle AA Sold Feb. 15,…
AA Sold Feb. 15, 29 straddle for 3.44. Thanks for the data Jeff.
SPX 1-dte sold
#SPX1dte Sold to Open $SPX Jan 17th (monthlys) 2545/2565-2670/2690 iron condors for .85. These stop trading at tomorrow’s close but settle on Friday morning, so I will close during market hours tomorrow.
Expiring today: Jan 16th 2535/2555-2650/2670 condors, sold yesterday for .95.
AA earnings analysis
#Earnings $AA reports tonight. Below are details on earnings one-day moves over the last 12 quarters.
Oct. 17, 2018 AC +5.85%
July 18, 2018 AC -13.34% Biggest DOWN
April 18, 2018 AC +1.39%
Jan. 17, 2018 AC -7.00%
Nov. 17, 2017 AC -2.74%
Oct. 18, 2017 AC -2.53%
July 19, 2017 AC +0.60%
April 24, 2017 AC +9.54% Biggest UP
Jan. 24, 2017 AC -2.58%
Oct. 10, 2016 AC -11.42%
July 11, 2016 AC +5.42%
April 11, 2016 AC -2.66%
Avg (+ or -) 5.42%
Bias -1.62%, negative bias on earnings.
With stock at 28.20 the data suggests these ranges:
Based on current IV (expected move into Friday per TOS): 26.23 to 30.17
Based on AVERAGE move over last 12 quarters: 26.67 to 29.73
Based on MAXIMUM move over last 12 Q’s (13.3%): 24.44 to 31.96
Open for requests on other symbols.
EOG
Closed out the inverted fly at 97/98/99 that had been converted from a violated credit spread for 0.11 debit. After all said and done made $464 on 10 contracts.
Still have the 110 #fuzzy to manage.
#earnings AA Jeff do you…
#earnings AA
Jeff do you have AA stats? Thanks
More of the same trades:
HIIQ BTO STOCK @32.09
HIIQ STO 1/18/19 33.0 CALL @.60
SFIX STO 1/25/19 21.5 PUT @1.20
SOME TRADES:
HIIQ BTO STOCK @32.40
HIIQ STO 118/19 32.0 CALL @1.30 Expires Friday
SFIX BTO STOCK 20.93 To cover some calls
SFIX STO 1/18/19 21.5 PUTS @.95 To cover w/premium 19.5 & 20.0 Short calls. If they PUT IT TO ME, then I will have the stock to be called, if not I will have the premium.
Market Tide
#Tide I now have the Market Tide indicators on all my charts. Looks pretty solid. Also noticed that SPY 1-hour chart just printed a purple arrow, signaling a possible top for at least a few days.
#assignment Again WYNN Assigned on…
#assignment Again WYNN
Assigned on a Jan. 18 120 put, cost basis of 116.62 after selling the long.
#coveredcallcampaign Sold Jan. 18, 113 call for 1.61, bringing basis to 115.
SPX 7dte IC defense
Per my SPX IC defense plan, I bought back half of my Jan18 2635 short calls. This will allow one of the long calls to run unhedged in case this rally continues into Friday.
Options Bistro 