WDC……Need some advice I have…

WDC……Need some advice

I have been assigned WDC short calls and was wondering what’s the best way to handle the short stock, especially now it’s running away. Hoping its not to late!

#coveredcalls

TNA WYNN

#CoveredCalls – Just can’t quite get these to expire. Continuing to trickle them up…

Rolled TNA JUN 28 2019 59.0 Call to JUL 05 2019 60.0 Call @ .10 credit
Rolled WYNN JUN 28 2019 123.0 Call to JUL 05 2019 126.0 Call @ 1.05 credit

HQY call spread

Bullish on this stock that’s near the bottom of its range for the last couple of months. IVR is low (20) so I decided to buy calls. Bought $HQY 65/70 bull call spread @ 2.18. Bearish moving average configuration so I’m not looking for a huge breakout here.

REGN

#CoveredCalls – Getting what I can. Building a nice base and squeezing but could still go either way.

Bought to Close REGN JUN 28 2019 317.5 Call @ .10 (sold for 3.13)
Sold REGN JUL 05 2019 320.0 Call @ 2.33

LABU Rollout

Not going to let @optioniceman get all the dizzy activity.

#coveredcalls
$LABU BTC 6/28 $48 call and STO 7/5 $50 call at extra .59 plus $2 if assigned.

SRPT Bear Call Spread

#bearcallspreads
$SRPT STO 7/19 165/175 at 1.45

Econ Calendar for week of 7/1/19

#Jobs report on Friday

Screen Shot 2019-06-28 at 10.49.07 AM
Screen Shot 2019-06-28 at 10.49.07 AM

Link to calendar: https://us.econoday.com/byweek.asp?day=1&month=7&year=2019&cust=us&lid=0

CSX

#ShortPuts – Starter position but never got a chance to add. Running low on inventory so wouldn’t mind seeing a Trump/Xi throwdown at the G20 🙂 🙂

Bought to Close CSX JUL 05 2019 72.5 Put @ .10 (sold for 1.30)

DRIP FAZ TZA Reverse Splits

#ReverseSplit – https://www.nasdaq.com/markets/upcoming-splits.aspx

STZ Earnings

#JadeLizard – Better than nothing…

Bought to Close STZ JUN 28 2019 177.5/190.0/192.5 Jade Lizard @ 2.25 (put side expiring) (sold for 3.00)

Sold SPX early

#SPX1dte Taking exception to my normal rules and selling Monday’s 1-dte in the morning…. I don’t expect much movement today, and using the morning volatility and additional theta value to get good premium and a wide condor for Monday, which could see a strong move with news from China talks.

Sold $SPX July 1st 2825/2845-3000/3025 condors for 1.35, IV 16.2%, SPX 2934.

ABBV Put Closed

#shortputs
$ABBV BTC 7/19 65 put at .38. STO at 1.80.

STZ Fuzzy Earnings

#earnings #jadelizard
$STZ BTC 6/28 190/192.50 BECS at 2.20. STO at 1.04. I will let the 6/28 177.50 put expire. STO at 1.91. Thank you @fuzzball for the trade.

SPX 1-dte

#SPX1dte Sold Thursday: $SPX Jun 28th 2870/2890-2955/2975 condors for 1.00. IV: 10.66%, SPX 2928