#coveredcalls
$NFLX BTC 6/7 357.50 call and STO 6/14 365 call for even. Stock at 360.87
$TQQQ BTC 9/20 70 call and STO 7/5 60 call for even. ETF at 56.17.
$HIIQ BTC 6/21 28 call and STO 7/19 33 call for .60 debit. Stock at 29.70
Will these ever expire?
Have a wonderful weekend.
Go Blues! Great win in Boston last night, taking back home ice advantage and setting up a possible series-ending-Stanley-Cup winning game 6 at home. Scottrade Center errrr Enterprise Center will be rocking! It’s time to end the drought–Sunday night will be it.
#OptionsExpiration #Earnings #IronCondor
$FIVE 117/120-138/141 condors, sold Wednesday for 1.31
Have a good weekend all!
STC July 19, 320/330 call spread @ 6.50, BTO yesterday @ 4.45
Thanks @honkhonk81 for bringing my attention to this one.
Sold $HIIQ 7/19 jade lizard–short 26 puts + 34/37 bear call spread–for 3.20 credit.
#SPX1dte Sold to open $SPX June 10th 2805/2825-2920/2940 condors for 1.00. IV: 10.4%, SPX 2875.
Last Friday I sold the 2820/2800… but they were the CALL side.
HIIQ Hahaha, Jeff, did you see HIIQ, started to run as I was reading your replies. ;>) Sorry I didn’t do it now. No regrets though. Have a great weekend.
May 3, sold a June 21, 685/690 put spread for 1.60. CMG went down down down, it’s recovered, trade turned profitable today, bought for 1.15. I thought I would do better, but CMG touched 636 on Monday, up to 713 now, it’s impacted by certain tweets and an African swine disease.
Link to calendar: https://us.econoday.com/byweek.asp?day=10&month=6&year=2019&cust=us&lid=0
#Market The Indices continuing a searingly bullish week, but the $VIX is spiking today as well.
I got filled on this trade as the market was going UP…
Sold $SPX June 14th 2815/2790 put spreads for 2.50. (SPX 2877)
#ShortPuts – Booking and re-selling…
Bought to Close NVDA JUN 07 2019 145.0 Put @ .10 (sold for 3.05)
Sold NVDA JUN 14 2019 145.0 Put @ 2.40
Hi Jeff, I had a thought, but it seems to good to me, so I must be missing something. No rush, weekend ok, and that is if you have time.
Stock is HIIQ, and I have the 6/21/19 24.0 Covered Calls. Stock is at28.0. I want to buy back the Calls @4.75, I got 1.30 when I sold them. I want to STO the 28.0 Calls for 2.25. My loss on the 24.0 Calls is 4.75-1.30, or -3.45. I get 2.25 for selling the 28.0 Calls + 4 strikes for a debit of 1.20, 3.45-2.25. This strikes me as being a profitable trade with expiration in 2 weeks. Is it, or am I really missing something. Thank you, HonkHonk81
TastyTrade idea sold July 19, 95/120 strangle for 2.40
AAPL May 9, sold June 21, 180/220 strangle for 2.65, bought today for 1.42
SQ May 3, sold a June 21, 65 put for 1.88, May 21 added a short 75 call, bought today for 1.22.
BTC $BYND 55/60 Jun 21 2019 #BuPS @.10. Was STO 5/21 @1.0
#SPX1dte Closed the call spread I sold yesterday… bullish action not stopping. Still a couple points above the 13.67 VIX level that would cancel the Downside Warning. But given the action, I have to stop selling call spreads. Will look to try some put spreads on any minor pullback.
Stopped $SPX June 10th 2870/2895 call spreads for 5.25. Sold yesterday for 2.50.
Also watching June 14th 2890/2915 calls, which have a current stop point of 2867.
#Jobs — big drop from April’s blowout
+75,000 non-farm payroll jobs, vs. 180K expected
Unemployment at 3.6%, unchanged
U6 unemployment at 7.1%, down by 0.2
Wages up 0.2%, 3.1% year over year
Labor force participation 62.8%, unchanged
April revised down from 263K to 224K
March revised down from 189K to 153K
Options Bistro 