#shortputs
$TNDM BTC 5/17 65 puts at 2.60. Have been rolling since 4/7. Total credit taken in 5.15.
#spxcampaign
$SPX BTC 5/10 2970/2985 BECS at .25. STO 5/2 at 3.35. Thank you @jeffcp66
#shortcalls
$IRBT STO 5/10 100 call at 1.30 Thank you @honkhonk81
$NVTA BTC 5/17 25 calls and STO 5/17 22.50 calls at .25 credit (covered) as stock dropped on earnings.
$STMP tanking again… oh, to have been short!
#SPX1dte Expiring: $SPX May 8th 2780/2800/2930/2950 condors, sold yesterday for 1.05.
STO IC May 10 80/83Calls 50/47 Puts $.27
TOS is confirming tomorrow after the close. These guys are always a guessing game until last minute.
#SyntheticCoveredCalls #LongLEAPs I’m still at it, selling weekly calls against my Jan 2020 66.67 long calls. I have been underwater and ITM on them for a few weeks, but the pullback allowed me to escape. I mistakenly forgot to close some ITM calls expiring Friday, so Monday’s gap down was super fortunate and allowed me to finally get above water.
Monday: Sold $TQQQ May 17th 68.5 calls for 1.26 (and covered short stock assigned Friday)
Today: Sold TQQQ May 24th 67.5 calls for 1.23
Sold $UVXY 6/7 50/60 bear call spread @ 1.25 with UVXY currently at 40.65
May 6, sold June 21, 80/95 strangle for 1.44, closed today for 1.04, agree with Jeff, not taking chances.
Sold June 21, 50/80 strangle for 3.36, TastyTrade idea, thanks to Jeff for the data
IRBT BTO STOCK @98.14
#Earnings $STMP reports tonight. Below are details on earnings one-day moves over the last 12 quarters.
Feb. 21, 2019 AC -57.76% Biggest DOWN
Oct. 31, 2018 AC -9.74%
Aug. 1, 2018 AC +8.43%
May 3, 2018 AC +3.91%
Feb. 21, 2018 AC +11.00%
Nov. 2, 2017 AC -22.59%
Aug. 2, 2017 AC +35.88% Biggest UP
May 3, 2017 AC -0.40%
Feb. 23, 2017 AC -1.60%
Nov. 3, 2016 AC +6.63%
July 28, 2016 AC -6.22%
May 9, 2016 AC -5.32%
Avg (+ or -) 14.12%
Bias -3.15%, negative bias on earnings.
With stock at 84.00 the data suggests these ranges:
Based on current IV (expected move into Friday per TOS): 71.94 to 96.06
Based on AVERAGE move over last 12 quarters: 72.14 to 95.86
Based on MAXIMUM move over last 12 Q’s (57.8%): 35.48 to 132.52
Based on UP max only (35.9%): 114.14
Open to requests for other symbols.
Looking for a bounce here. Sold $REGN 6/21 300 put @ 5.80. Delta 23.
Borrowing a Tasty Trade idea.
Sold $EA 6/21 85/110 strangle @ 2.16.
#Earnings $ROKU reports tonight. Below are details on earnings one-day moves over the last 6 quarters, which accounts for its full history of earnings.
Feb. 21, 2019 AC +25.23%
Nov. 7, 2018 AC -22.29% Biggest DOWN
Aug. 8, 2018 AC +21.31%
May 9, 2018 AC -1.71%
Feb. 21, 2018 AC -17.71%
Nov. 8, 2017 AC +54.93% Biggest UP
Avg (+ or -) 23.86%
Bias 9.96%, positive bias on earnings.
With stock at 64.50 the data suggests these ranges:
Based on current IV (expected move into Friday per TOS): 55.66 to 73.34
Based on AVERAGE move over last 12 quarters: 49.11 to 79.89
Based on MAXIMUM move over last 12 Q’s (54.9%): 29.07 to 99.93
Based on DOWN max only (-22.3%): 50.12
Open to requests for other symbols.
Yesterday sold June 21, 75/110 strangle for 1.58, bought this morning for 1.10.
#Earnings Sold to close $BUD May10/May17 87.5 #DoubleCalendar for .55. Bought for .44 on Monday. It will be worth more if stock price continues to go higher, but not trusting the market to help.
Options Bistro 