In spite of a 7:50 am tee time I did get one fill right at the open.
Sold NVDA FEB 15 2019 150.0 Put @ 4.50
Daily Archives: Thursday, February 14, 2019
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HIIQ NVTA Short Puts / NVDA Earnings Straddle / NFLX BUPS / Rolling TQQQ
#shortputs
$HIIQ STO 3/15 31 puts at 1.19 Thank you @honkhonk81.
$NVTA STO 3/15 15 puts at 1.00
#earnings
$NVDA STO 3/15 120/189 straddle at 1.70. Thank you @thomberg1201
#bups
$NFLX STO 3/15 325/335 BUPS at 2.50 Thank you @ramie77
#perpetualrollingstrangles
$TQQQ BTC 2/15 50 calls and STO 3/15 53 calls for additional .80 credit.
Happy Valentines Day to all. Not much left of it but enjoy.
EWZ Call Spread
Looking for a drift back down after its big day today. Short call is above the recent highs from late Jan/early Feb.
Sold $EWZ Mar 15 46/51 BeCS for .71.
AMAT dub cal
#Earnings #DoubleCalendar Bought to open $AMAT Feb15/Feb22 41 dbl cals for .52
SPX 1-dte
#SPX1dte Closed $SPX monthly condor for .35. Sold yesterday for 1.00
Sold $SPX Feb 15th 2685/2705-2785/2805 condors for .85. (IV 13.2%, SPX 2751)
Also, bought to close $SPX Feb 22nd 2670/2650 put spreads for 1.00. Sold for 3.45 on Feb 4th. Still holding the Feb 20th 2725/2700 put spreads, sold ATM for 8.40.
SPY
1 DTE #fuzzy
274/274/273.5 $.90
NVDA EArnings
#earnings
$NVDA STO 2/15 140 @ .90
#optionsexpiration a day early. Some…
#optionsexpiration a day early.
Some of these trades are from yesterday, have been to0 busy at work to post.
#pietrades #lizardpies
ALXN 120/129/130 for 2/22 for 1.25 credit yesterday off an 0.85 roll the previous week.
EOG 98.5 put for 96.75 cost basis off a roll
LNG 65 puts for 2/22 STO yesterday for 0.56 credit
TRIP 57 puts for 2/22 for 0.66
XBI 84/85/86 total credit now 4.19. Have been rolling 3 weeks.
TQQQ 51 CC rolled out 43 DTE to 54 CC for 0.25. Cb now 56.79
TQQQ 51 cc rolled out 43 DTE to 52 for 0.10 for cost basis of 57.00
FAS 1 DTE 56.5 cc rolled out 8 DTE for 0.47 credit. Cost basis 54.17
EOG batch 2 98.5 8 DTE cost basis 97.1
#fuzzy
GILD 70/70 cost to 7.72
XBI 80/80 rolled for 0.56 credit. Cb 12.56
LNG 50/60 rolled for 0.33. CB 12.93
GILD 67.5/69 rolled for 0.26 cb 6.93.
Finally some consistent results last 4 weeks. Of course the market screaming higher does not hurt. But mostly I was able to unwind a bunch of accumulated rolls and finally pull some cash out of the market again.
Since Jan 1 have been officially working with the advisory service. Obviously I cannot post those trades but will keep posting other trades I find and really like how many of us here are willing to experiment with different tactics to see what really works the best with real money in real time! This is a great trading group and I will stay involved, thanks to many of you I survived the 20% correction which now seems to be over and even came out ahead. This down turn was WAY better than the SVXY debacle last Feb. 6 2018, not that anyone here needed reminding 🙂
One thing is certain, I will be keeping a general market hedge on now all the time. May only need it once or twice a year but then it is a lottery ticket. To keep it from costing too much will probably use a back ratio or risk twist trade. Will set it up to cover a 10% correction. Anything beyond that it becomes a mega lottery ticket.
Cheers, Chris
UVXY calls
#VXXGame Bought to open $UVXY April 100 calls for .60. I have these for Feb and Mar. Since Feb expire tomorrow adding the April batch. Will be used to sell lower strikes against if we get a re-test.
#earnings NVDA Sold March 15,…
#earnings NVDA
Sold March 15, 120/185 strangle for 1.60, strikes are well outside the average moves, not the max though. Thanks Jeff.
TQQQ
STO March 29, 50 puts @3.50, the QQQ is breaking above the 150 and 200 day MA.
LABU
STO March 22, 65 calls at .61, long 2021 leaps.
SPX 1-dte
2780/2785 at $0.20-0.25 BeCS. Chose weekly not monthly
#assignment JBL Double assignment. September…
#assignment JBL
Double assignment. September 26, back when selling puts seemed to always work, sold a Jan. 18, 27 put for 1.05, Jaunary 4, assigned, January 8 sold a Feb. 15, 25 call for .35. JBL then started going up. I was called away (for an .08 dividend) last night. All in all, a loss of $75.
AMAT earnings analysis
#Earnings — $AMAT reports tonight. Below are details on earnings one-day moves over the last 12 quarters.
Nov. 15, 2018 AC +1.08%
Aug. 16, 2018 AC -7.71%
May 17, 2018 AC -8.24% Biggest DOWN
Feb. 14, 2018 AC +3.89%
Nov. 16, 2017 AC -2.33%
Aug. 17, 2017 AC +2.73%
May 18, 2017 AC +0.38%
Feb. 15, 2017 AC -0.87%
Nov. 17, 2016 AC +0.03%
Aug. 18, 2016 AC +7.08%
May 19, 2016 AC +13.81% Biggest UP
Feb. 18, 2016 AC +7.04%
Avg (+ or -) 4.60%
Bias 1.41%, positive bias on earnings.
With stock at 40.75 the data suggests these ranges:
Based on current IV (expected move into Friday per TOS): 38.47 to 43.03
Based on AVERAGE move over last 12 quarters: 38.88 to 42.62
Based on MAXIMUM move over last 12 Q’s (13.8%): 35.12 to 46.38
NVDA earnings analysis
#Earnings — $NVDA reports tonight. Below are details on earnings one-day moves over the last 12 quarters.
Nov. 15, 2018 AC -18.75% Biggest DOWN
Aug. 16, 2018 AC -4.90%
May 10, 2018 AC -2.15%
Feb. 8, 2018 AC +6.69%
Nov. 9, 2017 AC +5.26%
Aug. 10, 2017 AC -5.32%
May 9, 2017 AC +17.82%
Feb. 9, 2017 AC -2.37%
Nov. 10, 2016 AC +29.80% Biggest UP
Aug. 11, 2016 AC +5.59%
May 12, 2016 AC +15.20%
Feb. 17, 2016 AC +8.60%
Avg (+ or -) 10.20%
Bias 4.62%, positive bias on earnings.
With stock at 153.00 the data suggests these ranges:
Based on current IV (expected move into Friday per TOS): 142.59 to 163.41
Based on AVERAGE move over last 12 quarters: 137.39 to 168.61
Based on MAXIMUM move over last 12 Q’s (29.8%): 107.41 to 198.59
SPX 1-dte
Sold Feb15 2690/2685 BuPS @ .30 x2. Based on 2730 support and Theo gravity level.
Sold Feb15 2700/2695 BuPS @ .35 x4, .30×2. Based on Tide and MACD.
Sold Feb15 2775/2780 BeCS @ .25 x2, .35 x2, .45 x2. Call shorts are tight but market showing some weakness
Sold Feb15 2785/2790 BeCS @ .25 x2
Done for today. Total credit $510.
Closing trades: Closed BuPS .05 x8. Closed 2785/2890 BeCS @ .05. Closed 2775/2780 ccs @.90×2 and .60×4.
Profit $290 before commissions. Twas a serious nail biter.
#spx1-dte
Futures drop
Futures have given up all of their earlier gains after a slew of weaker than expected economic data.https://t.co/Cq39KWZ7Rg pic.twitter.com/oceTxPSkTB
— Bespoke (@bespokeinvest) February 14, 2019