#Fed minutes Wednesday, Jerome Powell speaks Friday
Link to calendar: https://us.econoday.com/byweek.asp?day=19&month=8&year=2019&cust=us&lid=0
#Fed minutes Wednesday, Jerome Powell speaks Friday
Link to calendar: https://us.econoday.com/byweek.asp?day=19&month=8&year=2019&cust=us&lid=0
#Earnings Looked like it might light up on Wednesday, but this is dropping like a stoned.
$TLRY 40.5/44.5/48.5 #IronButterfly, sold for 2.94 on Tuesday, expiring ITM for 4.00 debit, 1.06 loss.
#SPX1dte Sold $SPX Aug 19th 2795/2815-2930/2950 condors for 1.15.
Expiring today: Had to watch this all day but looks like I’ll escape with nary a scratch:
Aug 16th 2750/2770-2900/2920 condors, sold yesterday for 1.15
Also closed: Aug 21st 2725/2700 put spreads for .25, sold Wednesday for 2.70.
Getting crushed on a 2900/2925 call spread for Aug 21st… holding for the weekend as I think we still have some more correcting to do.
#JadeLizards – Still playing with a non-earnings Jade Lizard. Was hoping for a 500 pin today but not looking likely. Rolling the whole thing out a week (put side 5 points lower).
Rolled AUG 16 2019 500.0/500.0/505.0 Jade Lizard to AUG 23 495.0/500.0/5o5.0 @ 4.25 credit (11.95 total now)
#CoveredCalls – Played earnings to the downside but got a bounce instead. Rolling a couple weeks…
Rolled NVDA AUG 16 2019 150.0 Call to SEP 06 2019 152.5 Call @ .75 credit (8.00 total now)
ARWR STO 9/20/19 32.0 CALLS @1.30 A roll out and up 2 strikes of an ITM covered short call.
STNE STO 9/20/19 34.0 CALLS @1.35 Covered
#ShortPuts – Good day for a bounce on this one…
Rolled SOXL AUG 16 2019 150.0 Put to SEP 20 2019 140.0 Put @ 8.00 credit (10.30 total now)
STNE BTO STOCK 31.98
ARWR BTC SHORT 30.0 CALLS, and rolling out and up.
#rolling WDC
Rolled ITM 55 covered calls from Aug. 16 to Aug. 23 for 1.04.