Expiration

#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.

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.

Screen Shot 2019-05-24 at 10.23.56 AM
Screen Shot 2019-05-24 at 10.23.56 AM

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.