#SPX1dte Sold to Open $SPX 2960/2970-3030/3040 condors for .45… 10-wide, double size position. IV 9.05%, SPX 3006
Monthly Archives: July 2019
NUGT
BTO August 16, 30 calls at 4.50 because I like the chart on gold. I think GLD goes higher.
#earnings SBUX
Sold Aug. 16, 85/96 strangle for 1.28
Sold Sept. 20, 85/97.50 for 2.08.
I only wanted one of them and have been waiting awhile, both went at the same time.
SPX
STO August 2, 2850/2900 bull put spread at 1.40 but I think you can do better than that now.
SOXL
#ShortPuts – Not my smartest trade with this thing so extended and sitting near a quadruple top. Maybe this’ll stir things up a little. Selling just above the 50ma…
Sold SOXL AUG 16 2019 150.0 Put @ 2.30
FYI ALGN is down 27%
FYI
ALGN is down 27%
TREE is down 17%
Anyone selling puts on BA?
Anyone selling puts on BA?
#earnings #closing PYPL FFIV FB BYND loss TSLA
FFIV closed double calendar for 1.27, bought yesterday for .75, thanks Jeff. Still holding a put ratio spread
PYPL sold Sept. strangle for 1.43, bought today for .96
FB sold Aug. 16 iron condor for 1.62, bought for .70 #tastytradefollow
BYND lost about 400 on a 15 point iron condor gone bad, exited to avoid max loss
TSLA I have an inverted strangle with a short 185 call, that position has a day gain of $3,750, not enough yet but one heckuva improvement
Adding to DRIP at the highest strikes
Sold $DRIP 12/20 115 call @ 10.00 (adding to position)
Sold $DRIP 9/20 115 call @ 3.50
FFIV & EW closed
#Earnings Sold to close $FFIV Jul26/Aug02 147p/148c #DoubleCalendar for 1.61-1.55
Bought yesterday for .88
Sold to close $EW Jul26/Aug02 192.5 call calendar for .10. #DoubleCalendar bought for 1.30 on Tuesday. Move was too large and assignment of short shares was likely to happen tonight.
XBI
#ShortPuts – Starter position out to September. Hoping to build on it from here…
Sold XBI SEP 20 2019 80.0 Put @ 1.55
TNA
#CoveredCalls – Rolling up and out but keeping a little downside protection…
Rolled TNA JUL 26 2019 58.0 Calls to AUG 16 2019 59.0 Calls @ .11 credit
SBUX earnings trade & analysis
#Earnings Bought to Open $SBUX Jul26/Aug02 90p/91c #DoubleCalendar for .38.
$SBUX reports tonight. Below are details on earnings one-day moves over the last 12 quarters.
April 25, 2019 AC +0.44%
Jan. 24, 2019 AC +3.62%
Nov. 1, 2018 AC +9.70% Biggest UP
July 26, 2018 AC +1.36%
April 26, 2018 AC -1.71%
Jan. 25, 2018 AC -4.22%
Nov. 2, 2017 AC +2.11%
July 27, 2017 AC -9.24% Biggest DOWN
April 27, 2017 AC -2.02%
Jan. 26, 2017 AC -4.00%
Nov. 3, 2016 AC +1.89%
July 21, 2016 AC +0.52%
Avg (+ or -) 3.40%
Bias -0.13%, no significant bias on earnings.
With stock at 90.80 the data suggests these ranges:
Based on current IV (expected move into Friday per TOS): 86.35 to 95.25
Based on AVERAGE one-day move over last 12 quarters: 87.71 to 93.89
Based on MAXIMUM one-day move over last 12 Q’s (9.7%): 81.99 to 99.61
Based on DOWN max only (-9.2%): 82.41
Open to requests for other symbols.
LABU
#ShortPuts – Drug prices back in the news today so taking profits on this one and looking to re-load in XBI. Premium not as good there but no drag to worry about either. Only 100 shares of LABU left so looking to get out of those in the next few weeks too.
Bought to Close LABU JUL 26 2019 45.0 Put @ .55 (sold for 2.20)
Not exactly sure how much this will impact the industry. We can hope for some selling! 🙂 🙂
https://www.reuters.com/article/us-usa-drugpricing-exclusive/exclusive-white-house-preparing-order-that-would-cut-drug-prices-for-medicare-sources-idUSKCN1UJ354
GOOGL earnings analysis
#Earnings $GOOGL reports tonight. Below are details on earnings one-day moves over the last 12 quarters.
April 29, 2019 AC -7.50% Biggest DOWN
Feb. 4, 2019 AC +0.91%
Oct. 25, 2018 AC -1.79%
July 23, 2018 AC +3.89%
April 23, 2018 AC -4.76%
Feb. 1, 2018 AC -5.28%
Oct. 26, 2017 AC +4.26% Biggest UP
July 24, 2017 AC -2.93%
April 27, 2017 AC +3.71%
Jan. 26, 2017 AC -1.39%
Oct. 27, 2016 AC +0.27%
July 28, 2016 AC +3.32%
Avg (+ or -) 3.33%
Bias -0.61%, slight negative bias on earnings.
With stock at 1135.00 the data suggests these ranges:
Based on current IV (expected move into Friday per TOS): 1085.58 to 1184.42
Based on AVERAGE one-day move over last 12 quarters: 1097.16 to 1172.84
Based on MAXIMUM one-day move over last 12 Q’s (7.5%): 1049.88 to 1220.13
Based on UP max only (+4.3%): 1183.35
Open to requests for other symbols.
NTES
#ShortPuts -Earnings in a couple weeks so with the stock breaking support I’m getting out for a tiny profit and waiting.
Bought to Close NTES JUL 26 2019 237.5 Put @ 2.70 (sold for 3.03)
Earnings calendar updates
$FSLR confirmed for Aug 1st, after market
$CELG is not confirmed but probably not today
XLNX Earnings
#Earnings #JadeLizard – Big bounce right out of the gate so booking it in case the call spread gets in trouble.
Bought to Close XLNX JUL 26 2019 121/129/132 Jade Lizards @ 1.39 (sold for 3.03)
XLNX
BTC July 26, Jade lizard @ 1.39, sold yesterday at 2.95
Better lucky than smart sometimes.
AMZN earnings analysis
#Earnings $AMZN reports tonight. Below are details on earnings one-day moves over the last 12 quarters.
April 25, 2019 AC +2.54%
Jan. 31, 2019 AC -5.38%
Oct. 25, 2018 AC -7.81% Biggest DOWN
July 26, 2018 AC +0.51%
April 26, 2018 AC +3.60%
Feb. 1, 2018 AC +2.87%
Oct. 26, 2017 AC +13.21% Biggest UP
July 27, 2017 AC -2.48%
April 27, 2017 AC +0.71%
Feb. 2, 2017 AC -3.54%
Oct. 27, 2016 AC -5.13%
July 28, 2016 AC +0.82%
Avg (+ or -) 4.05%
Bias -0.01%, no bias on earnings.
With stock at 1990.00 the data suggests these ranges:
Based on current IV (expected move into Friday per TOS): 1916.77 to 2063.23
Based on AVERAGE one-day move over last 12 quarters: 1909.41 to 2070.60
Based on MAXIMUM one-day move over last 12 Q’s (13.2%): 1727.12 to 2252.88
Based on DOWN max only (-7.8%): 1834.58
Open to requests for other symbols.
SNAP closed
#Earnings Closed final $SNAP calls for 3.25. #LongStraddle bought for 2.06 on Tuesday.
EFX closed
#Earnings Sold to close $EFX Jul26/Aug02 140 #DoubleCalendar for .70-.74. Could have gotten more now that it has dropped sharply. Bought yesterday for .55.
SPXpire
#SPX1dte expiring today:
$SPX July 24th 2955/2975-3025/3045 condors, sold yesterday for .70
$SPX July 24th 2920/2945-3040/3065 condors, sold for 2.85 last Wednesday.
XLNX Earnings
#Earnings #JadeLizards – Everything seems so overbought I’m having trouble finding anything for tomorrow. XLNX is one of the cheaper ones though with pretty good premium. Playing it like all the others…to the downside with no upside risk.
Sold XLNX JUL 26 2019 121/129/132 Jade Lizards @ 3.03
This would get the stock below the 100ma and just above the 50ma and require a move down of 30 percent more than expected.
EDIT…not very much but still a 1.25% divvy yield at 118. Could probably easily triple that with covered call sales.
IRBT Falling Knife
Post earnings sold Nov 15 55 puts @ 1.40. Stock currently at 73.64.
Thanks for the heads up on this one MikeL/@az947.
FYI IRBT is down 18%
FYI
IRBT is down 18%
#earnings FFIV
I wanted to sell a strangle but no liquidity way out there.
Sold a Sept. 20, -140/-140/+145 ratio spread for 1.11.
Followed on the double calendar as well. Thanks for the data Jeff.
EFX analysis and trade
#Earnings $EFX reports tonight. Below are details on earnings one-day moves over the last 12 quarters.
May 10, 2019 BO +0.30%
Feb. 20, 2019 AC +2.18%
Oct. 24, 2018 AC -14.77% Biggest DOWN
July 25, 2018 AC -3.48%
April 25, 2018 AC -3.22%
March 1, 2018 AC +5.14% Biggest UP
Nov. 9, 2017 AC -0.19%
July 26, 2017 AC -2.41%
April 26, 2017 AC -1.83%
Feb. 8, 2017 AC +5.03%
Oct. 26, 2016 AC -4.30%
July 27, 2016 AC -1.39%
Avg (+ or -) 3.69%
Bias -1.58%%, negative bias on earnings.
With stock at 140.50 the data suggests these ranges:
Based on current IV (expected move into Friday per TOS): 134.14 to 146.86
Based on AVERAGE one-day move over last 12 quarters: 135.32 to 145.68
Based on MAXIMUM one-day move over last 12 Q’s (14.8%): 119.75 to 161.25
Based on UP Max only (+5.1%): 147.72
Open to requests for other symbols.
NOW earnings analysis and trade
#Earnings $NOW reports tonight. Below are details on earnings one-day moves over the last 12 quarters.
NOW has only moved UP on the last 13 earnings reports. Last time it had a down move was Jan 2016.
April 24, 2019 AC +7.41%
Jan. 30, 2019 AC +13.41% Biggest UP
Oct. 24, 2018 AC +1.42%
July 25, 2018 AC +4.60%
April 25, 2018 AC +4.53%
Jan. 31, 2018 AC +2.64%
Oct. 25, 2017 AC +1.21%
July 26, 2017 AC +0.74% Smallest UP
April 26, 2017 AC +3.75%
Jan. 25, 2017 AC +3.61%
Oct. 26, 2016 AC +7.68%
July 27, 2016 AC +4.65%
Avg (+ or -) 4.64%
Bias +4.64%, positive bias on earnings.
With stock at 292.00 the data suggests these ranges:
Based on current IV (expected move into Friday per TOS): 273.15 to 310.85
Based on AVERAGE one-day move over last 12 quarters: 278.46 to 305.54
Based on MAXIMUM one-day move over last 12 Q’s (13.4%): 252.84 to 331.16
Based on smallest UP only (+0.7%): 294.16
Open to requests for other symbols.
CMG call spread
Post-earnings, IV still a bit elevated and the stock slowing down, sold $CMG 8/16 810/820 bear call spread @ 2.20
FFIV dub cal
#Earnings Bought $FFIX Jul26/Aug02 147p/148c #DoubleCalendar for .82-.85. Not all filled yet.
More WDC covered calls
Sold $WDC Sep 20 62.50 calls @ 1.90.
SPX roll
SPX stopped
#SPX1dte BTC $SPX July 26th 3020/3045 call spreads for 3.65. My stop point of half the expected move was breached, so I’m out. This condor was sold Monday for 2.80.
FFIV earnings analysis
#Earnings $FFIV reports tonight. Below are details on earnings one-day moves over the last 12 quarters.
April 24, 2019 AC -1.08%
Jan. 23, 2019 AC -2.22%
Oct. 24, 2018 AC +6.10%
July 25, 2018 AC +1.07%
April 25, 2018 AC +0.89%
Jan. 24, 2018 AC -5.05%
Oct. 25, 2017 AC +3.97%
July 26, 2017 AC -7.16%
April 26, 2017 AC -7.50%
Jan. 25, 2017 AC -8.25% Biggest DOWN
Oct. 26, 2016 AC +9.57% Biggest UP
July 20, 2016 AC +0.32%
Avg (+ or -) 4.43%
Bias -0.78%, small negative bias on earnings.
With stock at 147.50 the data suggests these ranges:
Based on current IV (expected move into Friday per TOS): 140.38 to 154.62
Based on AVERAGE one-day move over last 12 quarters: 140.96 to 154.04
Based on MAXIMUM one-day move over last 12 Q’s (9.6%): 133.38 to 161.62
Based on DOWN Max only (-8.3%): 135.33
Open to requests for other symbols.
FB earnings analysis
#Earnings $FB reports tonight. Below are details on earnings one-day moves over the last 12 quarters.
April 24, 2019 AC +5.84%
Jan. 30, 2019 AC +10.81% Biggest UP
Oct. 30, 2018 AC +3.80%
July 25, 2018 AC -18.96% Biggest DOWN
April 25, 2018 AC +9.06%
Jan. 31, 2018 AC +3.31%
Nov. 1, 2017 AC -2.04%
July 26, 2017 AC +2.91%
May 3, 2017 AC -0.62%
Feb. 1, 2017 AC -1.79%
Nov. 2, 2016 AC -5.63%
July 27, 2016 AC +1.34%
Avg (+ or -) 5.51%
Bias 0.67%, small positive bias on earnings.
With stock at 200.00 the data suggests these ranges:
Based on current IV (expected move into Friday per TOS): 187.08 to 212.92
Based on AVERAGE one-day move over last 12 quarters: 188.98 to 211.02
Based on MAXIMUM one-day move over last 12 Q’s (19.0%): 162.08 to 237.92
Based on UP Max only (+10.8%): 221.62
Open to requests for other symbols.
#earnings #closing CAT
bought Sept. 125/150 strangle for 2.40, sold yesterday for 2.98
Earnings calendar updates:
$EFX reports tonight
$TMUS reports tomorrow morning
$RCL reports tomorrow morning
EWW
#ShortPuts – It’s only been below this level once in the last 10 years (a spike low during the big selloff last fall). Otherwise this has been a good entry. Usually one of the E’s is at a decent entry point. (EEM,EWW,EWZ)
Sold EWW AUG 23 2019 41.5 Puts @ .67 (really wanted one more down day on it)
#earnings #closing VFC
Bought Sept. 77.50/95 strangle for 1.10, sold yesterday for 1.70, taking my winnings to CMG for a burrito bowl.
NVDA
#ShortPuts – Out a week early and commission free. Ready for earnings now.
Bought to Close NVDA AUG 02 2019 152.5 Put @ .10 (sold for 2.40)
T Earnings
#Earnings – I wanted the stock but I’ll take the winner…
Bought to Close T JUL 26 2019 31.5 Puts @ .02 (sold for .59)
CMG Earnings
#JadeLizards #Earnings – Gave it a shot. Made a few bucks. See ya next quarter. I will not be spending the 10 dollars on burritos!
Bought to Close CMG JUL 26 2019 600/660/720/725 modified Jade Lizard @ 4.81 (sold for 4.91)
Closing SNAP
#Earnings Sold the first $SNAP long July 126th 14.5 calls for 2.25 and 2.50. #LongStraddle bought yesterday for 2.06.
SPX 1-dte
#SPX1dte Sold $SPX July 24th 2955/2975-3025/3045 condors for .70, IV 7.48%, SPX 3003.
Off topic….Oshkosh air show
Live cam from Oshkosh. Basically the Sturgis for airplane guys. Sturgis the following week. Retirement goal is a 3 week trip hitting both places…LOL Here’s a live stream….daily airshow begins at 2:30 central.
https://www.youtube.com/watch?v=B7r7RrHUWUQ&feature=youtu.be
CMG Earnings
#JadeLizards #Earnings – Playing this the same way I played ULTA using the modified #JadeLizard (unbalanced skewed iron condor?) with some downside protection and little to no upside risk.
Sold 1 CMG JUL 26 2019 600/660/720/725 @ 4.91
Playing this to the downside with only 9 cents of upside risk. What do I need? Needing a decent down move below 720 while staying above 660. Spent a little extra for a 600 strike disaster put since you just never know. The expected move (45 points) to the downside would be perfect!
#earnings VFC
Sold Sept. 20, 77.50/95 strangle for 1.70, thanks for the data Jeff
E-dub dub cal
#Earnings Bought to Open $EW Jul26/Aug02 192.5 #DoubleCalendar for 1.25-1.32. Fills have been erratic but I got ‘er done.
DRIP Dec
Some new strikes opened up so I’m getting one on the books. Sold $DRIP Dec 115 call @ 8.50. 115 is now the highest strike.
SNAP earnings analysis
#Earnings $SNAP reports tonight. Below are details on earnings one-day moves over the last 9 quarters, representing its entire history.
April 23, 2019 AC -6.08%
Feb. 5, 2019 AC +22.01%
Oct. 25, 2018 AC -10.15%
Aug. 7, 2018 AC -6.78%
May 1, 2018 AC -21.93% Biggest DOWN
Feb. 6, 2018 AC +47.58% Biggest UP
Nov. 7, 2017 AC -14.61%
Aug. 10, 2017 AC -14.08%
May 10, 2017 AC -21.45%
Avg (+ or -) 18.30%
Bias -2.83%, negative bias on earnings.
With stock at 14.50 the data suggests these ranges:
Based on current IV (expected move into Friday per TOS): 12.36 to 16.64
Based on AVERAGE one-day move over last 9 quarters: 11.85 to 17.15
Based on MAXIMUM one-day move over last 9 Q’s (47.6%): 7.60 to 21.40
Based on DOWN Max only (-21.9%): 11.32
Open to requests for other symbols.
VFC earnings analysis
#Earnings $VFC reports tomorrow morning. Below are details on earnings one-day moves over the last 12 quarters.
May 22, 2019 BO -7.64%
Jan. 18, 2019 BO +12.39% Biggest UP
Oct. 19, 2018 BO -10.71%
July 20, 2018 BO +4.14%
May 4, 2018 BO -2.79%
Feb. 16, 2018 BO -11.07% Biggest DOWN
Oct. 23, 2017 BO +5.37%
July 24, 2017 BO +0.39%
April 28, 2017 BO -5.56%
Feb. 17, 2017 BO +4.58%
Oct. 24, 2016 BO -2.92%
July 22, 2016 BO -1.26%
Avg (+ or -) 5.74%
Bias -1.26%, negative bias on earnings.
With stock at 87.00 the data suggests these ranges:
Based on current IV (expected move into Friday per TOS): 82.18 to 91.82
Based on AVERAGE one-day move over last 12 quarters: 82.01 to 91.99
Based on MAXIMUM one-day move over last 12 Q’s (12.4%): 76.22 to 97.78
Based on DOWN Max only (-11.1%): 77.37
Open to requests for other symbols.
EW earnings analysis
#Earnings $EW reports tonight. Below are details on earnings one-day moves over the last 12 quarters.
April 23, 2019 AC -1.79%
Jan. 31, 2019 AC -1.00%
Oct. 23, 2018 AC -5.35%
July 26, 2018 AC -8.50%
April 24, 2018 AC -3.82%
Feb. 1, 2018 AC +3.81%
Oct. 24, 2017 AC -9.55%
July 26, 2017 AC +0.64%
April 25, 2017 AC +10.49% Biggest UP
Feb. 1, 2017 AC -8.45%
Oct. 25, 2016 AC -17.09% Biggest DOWN
July 26, 2016 AC +5.62%
Avg (+ or -) 6.34%
Bias -2.92%, negative bias on earnings.
With stock at 193.00 the data suggests these ranges:
Based on current IV (expected move into Friday per TOS): 183.35 to 202.65
Based on AVERAGE one-day move over last 12 quarters: 180.76 to 205.24
Based on MAXIMUM one-day move over last 12 Q’s (17.1%): 160.02 to 225.98
Based on UP Max only (+10.5%): 213.25
Open to requests for other symbols.
#earnings VFC
Jeff if you get the chance can you look up data on VFC? Thank you
CMG earnings analysis
#Earnings $CMG reports tonight. Below are details on earnings one-day moves over the last 12 quarters.
April 24, 2019 AC -4.46%
Feb. 6, 2019 AC +11.35%
Oct. 25, 2018 AC +3.42%
July 26, 2018 AC +5.71%
April 25, 2018 AC +24.44% Biggest UP
Feb. 6, 2018 AC -10.55%
Oct. 24, 2017 AC -14.58% Biggest DOWN
July 25, 2017 AC -2.30%
April 25, 2017 AC +2.38%
Feb. 2, 2017 AC -4.54%
Oct. 25, 2016 AC -9.28%
July 21, 2016 AC +5.83%
Avg (+ or -) 8.24%
Bias 0.62%, tiny positive bias on earnings.
With stock at 732.00 the data suggests these ranges:
Based on current IV (expected move into Friday per TOS): 684.53 to 779.47
Based on AVERAGE one-day move over last 12 quarters: 671.71 to 792.29
Based on MAXIMUM one-day move over last 12 Q’s (24.4%): 553.10 to 910.90
Based on DOWN Max only (-14.6%): 625.27
Open to requests for other symbols.
#earnings CAT
Sold Sept. 20, 125/150 strangle for 2.99. I’ve successfully done essentially the same strangle the last 2 earnings announcements.
T Earnings
#ShortPuts #Earnings – Finally a little selloff and earnings tomorrow so jumping back in…
Sold T JUL 26 2019 31.5 Puts @ .59
WYNN
#ShortPuts – Just a small one I was playing with prior to earnings…
Bought to Close WYNN JUL 26 2019 126.0 Put @ .10 (sold for 2.10)
A TRADE:
PYX BTO STOCK @14.64
PYX STO 8/16/19 15.0 CALLS @1.40
Managing WDC
I was assigned 4 separate lots of stock from short puts, back in May and June.
I took one of those lots (sold stock for 54.79) off for an overall profit (after multiple rolls/adjustments starting in September.
For one of the remaining 3 lots, I sold Sep 20 60 covered calls which would take me out of that one for an overall profit if assigned.
Watching to sell calls on the other 2 lots as the stock looks like it could be poised for an earnings run into next week.
Adding NUGT
Sold $NUGT Sep 20 54 calls @ 1.40. Highest strike.
SPX 4-dte
#SPX1dte Sold to Open $SPX July 26th 2905/2930-3020/3045 condors for 2.80.
SWK earnings analysis and trade
#Earnings $SWK reports tomorrow morning. Below are details on earnings one-day moves over the last 12 quarters.
April 24, 2019 BO -1.00%
Jan. 22, 2019 BO -15.48% Biggest DOWN
Oct. 25, 2018 BO +1.57%
July 20, 2018 BO +3.27%
April 20, 2018 BO -6.70%
Jan. 24, 2018 BO -1.89%
Oct. 24, 2017 BO +4.77% Biggest UP
July 24, 2017 BO -2.10%
April 21, 2017 BO +3.65%
Jan. 26, 2017 BO -0.15%
Oct. 27, 2016 BO -1.49%
July 22, 2016 BO +4.80%
Avg (+ or -) 3.91%
Bias -0.90%, negative bias on earnings.
With stock at 142.00 the data suggests these ranges:
Based on current IV (expected move into Friday per TOS): 134.94 to 149.06
Based on AVERAGE one-day move over last 12 quarters: 136.45 to 147.55
Based on MAXIMUM one-day move over last 12 Q’s (15.5%): 120.02 to 163.98
Based on UP Max only (+4.8%): 148.82
Open to requests for other symbols.
WHR earnings analysis
#Earnings $WHR reports tonight. Below are details on earnings one-day moves over the last 12 quarters.
April 22, 2019 AC +0.40%
Jan. 28, 2019 AC +9.66% Biggest UP
Oct. 24, 2018 AC +6.78%
July 23, 2018 AC -14.52% Biggest DOWN
April 23, 2018 AC +3.75%
Jan. 24, 2018 AC +2.30%
Oct. 23, 2017 AC -10.54%
July 26, 2017 AC -6.28%
April 25, 2017 BO +3.51%
Jan. 26, 2017 BO -8.54%
Oct. 25, 2016 BO -10.77%
July 22, 2016 BO +2.67%
Avg (+ or -) 6.64%
Bias -1.80%, negative bias on earnings.
With stock at 148.50 the data suggests these ranges:
Based on current IV (expected move into Friday per TOS): 139.70 to 157.30
Based on AVERAGE one-day move over last 12 quarters: 138.63 to 158.37
Based on MAXIMUM one-day move over last 12 Q’s (14.5%): 126.94 to 170.06
Based on UP Max only (+9.7%): 162.85
Open to requests for other symbols.
XBI
#ShortPuts – Fidelity is commission free at .10 or less so if I can get out a week or two early I’ll take it.
Bought to Close XBI AUG 02 2019 77.5 Puts @ .10 (sold for .84)
TRADES:
OSTK STO 7/26/19 18.5 CALLS @.50
GOOS STO 7/26/19 46.0 ITM PUTS @1.55
BYND STO 7/26/19 177.5 PUTS @3.95
BYND STO 7/26/19 172.5 PUTS @2.40 A BuPS
#coveredputs #shortstrangles DE
I’m short 100 assigned shares of DE. I sold an Aug. 16, 160/170 covered put/strangle for 5.54 bringing my cost basis to 153, stock at 165.
Expirations
#optionsexpiration
$ZYNE 17.5 call Covered
$NFLX 375 call covered (covered for $16.2 per contract but profit on stock reduced dramatically due to subscriber miss) Will rethink keeping $NFLX stock. Been profitable selling calls but the drop a wake up call.
$PYX 22.5 covered call
$LABU 52 and 49 covered call
$EXAS 120 covered call
$SQ 83 covered call
$HIIQ 33 covered call
$ISRG 500/525/530 jade lizard STO 2.84. Thank you lizard master @fuzzballl
$URI 125/135 BUCS Total loss, did not close before earnings. Went from a 50% of max profit to total loss overnight.
TSLA LULU
Expiring $TSLA 7/19/2019 275/265//190/200 IC. Legged into this on 6/18. Put side was sold @1.7, the calls @1.32.
BTC $LULU 8/16/2019 165/175 #Bups @.67. was STO 7/9 @1.40.
SKX out
#Earnings Never got another rally so out on the rest for small loss, 4.10.
SPX 1-dte
#SPX1dte Sold $SPX July 22nd 2920/2940-3010/3030 for .85, IV 7.53%, SPX 2984
Expiring today: July 19th 2940/2960-3015/3035 condors, sold yesterday for .85
TNA
#CoveredCalls – Not sure where this Iran thing is headed so selling ITM for a little extra downside help.
Bought to Close TNA JUL 19 2019 61.5 Call @ .01 (sold for 2.10)
Sold TNA AUG 02 2019 60.0 Call @ 2.52
#earnings #closing DAL
Bought to close Aug. 16, 55/62.50 strangle for .91, sold, sold for 1.33 on July 10.
HIIQ Put Rolling / BYND Call Rolling
#shortputs
$HIIQ BTC 7/19 28 put and STO 8/16 27 put for added .33 credit.
$HIIQ BTC 7/19 26 put and STO 8/16 25 put for added .70 credit. Stock at 22.84
#coveredcalls
$BYND BTC 7/19 175 call and STO 7/26 177.50 call for 1.80 added credit. Stock at 177.52
HAL earnings analysis
#Earnings $HAL reports Monday morning. Below are details on earnings one-day moves over the last 12 quarters.
April 22, 2019 BO -0.12%
Jan. 22, 2019 BO -3.06%
Oct. 22, 2018 BO -3.03%
July 23, 2018 BO -8.09% Biggest DOWN
April 23, 2018 BO +0.17%
Jan. 22, 2018 BO +6.39% Biggest UP
Oct. 23, 2017 BO -2.51%
July 24, 2017 BO -4.21%
April 24, 2017 BO -0.65%
Jan. 23, 2017 BO -2.92%
Oct. 19, 2016 BO +4.24%
July 20, 2016 BO -1.57%
Avg (+ or -) 3.08%
Bias -1.28%, negative bias on earnings.
With stock at 21.75 the data suggests these ranges:
Based on current IV (expected move into NEXT Friday per TOS): 20.58 to 22.92
Based on AVERAGE one-day move over last 12 quarters: 21.08 to 22.42
Based on MAXIMUM on-day move over last 12 Q’s (8.1%): 19.99 to 23.51
Based on UP Max only (+6.4%): 23.14
Open to requests for other symbols.
Options Bistro 