#optionsexpiration
$NFLX 365 call
$TNDM 69 call
$GOOS 49 call
$AAPL 190 call
Blessed are those who gave their lives for their country
Have a safe Memorial Day weekend and thank you to all the Veteran’s amongst us.
Daily Archives: Friday, May 24, 2019
Expiration
#OptionsExpiration – Actually had a couple today…
T Stock called away at 31.50 (basis 30.69)
UVXY 40 Calls (sold for 1.40 and 2.70)
SPX 1-dte
#SPX1dte Sold $SPX May 28th 2755/2775-2870/2885 condors for 1.10. (IV: 10.17%, SPX 2828)
EHTH BUCS
#bullcallspreads
$EHTH BTO 6/21 60/70 BUCS at 4.50
TQQQ
STO 75/80 bear call spread for September 20 at .41 cents. Filled on a partial.
IRBT adjustment
Sold $IRBT 6/21 95 calls @ 1.93, against my now ITM 92.50 puts to lower the delta.
The puts had been rolled from the original position (May 95s) for a credit, so total premium taken in is now 5.48.
Updated position is a June 92.50/95.00 strangle with breakevens at 87.02 and 100.48.
Stock doesn’t seem to want to get off the mat but nothing lasts forever.
Econ Calendar for week of 5/27/19
GDP report on Thursday morning.
Link to calendar: https://us.econoday.com/byweek.asp?day=27&month=5&year=2019&cust=us&lid=0
SPX 1-dte
#SPX1dte Sold $SPX May 31st 2885/2910 call spreads for 2.60. Rotated one of these this week, so selling another, offset by the 2725/2700 put spread.
INTU closed
#Earnings Sold to close $INTU 245 #DoubleCalendar for 1.35, small loss. Opened yesterday for 1.525.
There was a chance to close with a profit this morning, but I thought the morning weakness would drag it down. But it keeps going higher, so I’m bailing. Often a tough call closing these trades..
#earnings #closing MNST #closing UVXY
May 2, sold a June 21, 50/65 strangle for 1.10, bought today for .96. MNST has been strong but below 65. Just turned green for me, barely, taking off the risk, making just under $10.
After the bell yesterday, closed 3 of 4 legs of UVXY ironfly, leaving the worthless long put. Sold for 6.36 on May 2, bought for 4.83.
Trades: SPX ADBE NVDA TSLA
SPX 1-dte leg out
#SPX1dte For a refreshing change, legging out worked for me today.
Bought to close $SPX May 24th 2840/2815 put spreads for 5.20. Sold in a condor for 4.55 on 5/16.
Barring disaster, expiring today: May 24th 2735/2755-2860/2880 condors, sold yesterday for .90
TSLA
Currently at TDA
They list reasons for moves.
Price
$192.50
Day’s Change
-2.99 (-1.53%)
Tesla shares are trading higher on continued momentum after the stock rebounded above $200. Shares moved higher yesterday following a purported internal email from Elon Musk suggesting the company is on track to top its Q4 deliveries.
UVXY
#DiagonalBearCallSpreads – Not worth holding for two more weeks. With a few more calls rolling off today will be well positioned for the next spike.
Bought to Close UVXY JUN 7 2019 55.0 Call @ .34 (sold for 2.50)
NFLX Covered Call / TNDM Roll Puts
#coveredcalls
$NFLX STO 5/24 367.50 calls for 2.40. Short week coming up.
#shortputs
$TNDM BTC 5/24 69 puts and STO 5/31 69 puts at even
XBI
#ShortPuts – Forgot I had this order in. Would’ve got the penny fill now. Still commission free in this account…
Bought to Close XBI MAY 24 2019 80.0 Put @ .09 (sold for 1.26)
ADSK SPLK Earnings
#JadeLizards #Earnings – Could possibly squeeze a little more out of these but not worth waiting. Both cooperated nicely. As I’m typing this SPLK is approaching 121 so good to be out early.
Bought to Close ADSK MAY 24 2019 152.5/170.0/172.5 Jade Lizard @ .35 (sold for 2.60)
Bought to Close SPLK MAY 24 2019 121/132/135 Jade Lizard @ .85 (sold for 2.95)
CTRP closed
#Earnings Closed second half of $CTRP May24/May31 38 calendar for .75. Opened for .26 on Wednesday, closed for .58, avg price. A small double, but a double nonetheless.
Options Bistro 