Rolled Up and Out TQQQ / Covered Call BEAT FB / SPX IC / Close Early EA

$TQQQ Rolled out and up BTC 3/15 52 call and STO 4/18 55 call for additional .70 credit

$BEAT STO 3/15 70 call at .70
$FB STO 3/15 177.50 call at .54

Following @jeffcp66
$SPX STO 3/22 2710/2685/2820/2845 at 6.40

$EA BTC 3/15 75/85 BUPS at .50 STO on 3/15 for 1.64


PYX STO 3/15/19 25.0 PUTS @2.16

Closed Early AMZN

$AMZN BTC 3/15 1500/1550 BUPS at .50. STO 1/4 for 10.00 Thank you @ramie77

#earnings MOMO Jeff do have…

#earnings MOMO

Jeff do have data on MOMO? Thanks

TQQQ calls

#LongLEAPs #SyntheticCoveredCalls Sold $TQQQ March 22nd 52 calls for 1.25 (earlier)

SPX 1-dte slammed

#SPX1dte The is the kind of hit this strategy cannot suffer often. Bought to close $SPX March 11th 2770 calls for 6.10. I was working to close for the last 20 minutes but could not get a pullback. I will make a few cents back sell the long 2790’s, but only .20-.30 cents (first ones just filled for .20).

I’m going to maintain a view of weakness and sell an aggressive call spread to work on the roll.

I set my sights to close after we breached 2760. Wasn’t too concerned until by shorts hit 3.00. Then, the rally would not relent. This was the Monday I was looking for last week, when I was LONG calls. I almost made the same trade on Friday but decided to go short. Then, the rally into the close set me up for this painful Monday.



#CoveredCalls – Going out just one month. This will capture the divvy and then allow another sale in earnings the following week.

Bought to Close T MAR 15 2019 31.0 Calls @ .02 (sold for .41)
Sold T APR 18 2019 31.0 Calls @ .23

SFIX earnings trade and analysis

#Earnings — This is another cheap shot with a fairly new stock that’s been volatile. Profit range allows 20% in either direction. If this drifts toward the center during the week it could be a triple or quadruple.

Bought $SFIX Mar15/Mar22 25 #DoubleCalendar for .20, .24, .25.

$SFIX reports tonight. Below are details on earnings one-day moves over its entire history.

Dec. 10, 2018 AC -20.90%
Oct. 1, 2018 AC -35.15% Biggest DOWN
June 7, 2018 AC +26.48% Biggest UP
March 12, 2018 AC -3.60%
Dec. 19, 2017 AC -9.77%

Avg (+ or -) 19.18%
Bias -8.59%, negative bias on earnings.

With stock at 25.00 the data suggests these ranges:
Based on current IV (expected move into Friday per TOS): 20.06 to 29.94
Based on AVERAGE move over last 12 quarters: 20.21 to 29.80
Based on MAXIMUM move over last 12 Q’s (35.2%): 16.21 to 33.79
Based on Max UP only (+26.5%): 31.62

Open to requests for other symbols.


#CoveredCalls – Rolling a few days early to avoid possible exercise (and I won’t have much market access Thur-Fri). For some reason this ticker likes the early exercise…

Rolled TNA MAR 15 2019 52.0 Calls to MAY 17 2019 54.0 Calls @ .72 credit

SPX 1-dte

#SPX1dte Closed $SPX March 11th 2690 short puts for .05. Will work to close 2770 short calls as stop was breached.


#ShortPuts – Staying prior to next earnings. Look to roll into the high IV or sell covered call then if needed.

Sold BA APR 18 2019 325.0 Put @ 3.50



STO January 2020, 300 puts @ 14.00