My July 26, 2905/2930 put spread will expire today. Thanks Jeff for the idea.
Daily Archives: Friday, July 26, 2019
SPX 1-dte
#SPX1dte Volatility is low in this rally, so again going 10-wide, double-size. I wanted to sell earlier but felt it could go another leg higher, and it did.
Sold $SPX July 29th 2985/2995-3050/3060 condors for .40. IV 5.63%, SPX 3026.
Expiring by the skin of my teeth: July 26th 2960/2970-3030/3040, sold for .45 yesterday.
SWK roll
#Earnings #Rolling My earnings condor is a bust, with the 148/150 call side set to expire ITM, which will be a 2.00 debit, against the .80- credit for selling it on Tuesday. So I’m trying a one-week move to breakeven.
Sold $SWK Aug 2 148/150-152.5/155 condors for 1.30. If we can hold tight enough to expire I should come out flat after accounting for commissions.
BA
STO January 2021, 200 puts @ 4.80
Econ Calendar for week of 7/29/19
A TRADE:
GOOS STC STOCK @45.56 Preserving profits, I have great profits, then lose them at the end of the day. So…..we’ll see this time.
REGN
#CoveredCalls – Every time it looks like a breakout it sells off again. Building a nice long base that’s gonna go up or down eventually. 🙂 🙂
Bought to Close REGN JUL 26 2019 315.0 Call @ .10 (sold for 5.90)
Sold REGN AUG 02 2019 312.5 Call @ 2.30
Earnings Aug 6th…
TRADES:
OSTK ASSIGNED OUT 17.0 CALLS
OSTK STO 20.5 8/2/19 CALLS @.85
EXAS STO 8/2/19 118.0 PUTS @5.30
PAYS BTO STOCK @ 13.64
AVGO
#ShortPuts – Taking this off a couple weeks early…
Bought to Close AVGO AUG 09 2019 265.0 Put @ .35 (sold for 3.40)
BYND
#BearCallSpreads – I’ve gotta take a shot at this thing. Going defined risk out to Nov and slightly in the money. Possibly leg into an iron condor on a pullback.
Sold 2 BYND NOV 15 2019 200.0/205.0 Bear Call Spreads @ 2.50
#earnings #closing NFLX
Out of a NFLX earnings iron condor for a small gain, sold for 3.10, bought for 2.75, happy to have any gain
August 16, 295/315/420/440
A TRADE:
PAYS STO 8/16/19 12.5 PUTS @.85 I’m also long the stock.
SBUX closed
#Earnings Sold to close $SBUX Jul26/Aug02 90p/91c #DoubleCalendar for .26. Bought yesterday for .38. Move was too high so I got out early while puts still have value. I don’t have any hope for a big drop today.
Options Bistro 