fuzzballl 7:24 am on Friday, August 23, 2019
Tags: BUPS ( 400 ), Earnings ( 3,108 ), JadeLizards ( 129 )

SPLK Earnings

#Earnings #JadeLizards – Taking this off on the bounce for a small gain. Great premium so looking to re-establish a non-earnings Jade lizard now…

Bought to Close SPLK AUG 23 2019 122.0/131.0/134.0 Jade Lizard @ 2.60 (sold for 3.31)

john4419 7:28 am on Friday, August 23, 2019

Fuzzy, I am tempted to take the stock at cost price of 118.75 and sell calls against these. Would appreciate your opinion on my this.
- fuzzballl 7:30 am on Friday, August 23, 2019
  
  I was considering that also. With the premium available should be just fine. I like playing with these Lizards and have a lot of covered calls going already so reset it out a couple weeks.
  - john4419 7:32 am on Friday, August 23, 2019
    
    Thanks Fuzzy.
- fuzzballl 7:34 am on Friday, August 23, 2019
  
  Yesterday UBS and a bunch of places were still big bullish with price targets 150-160. Citigroup came out this morning with 102 target. LOL…everyone talking their book so who knows.
jsd501 7:33 am on Friday, August 23, 2019

I was too late and covered at 3.20 so made .15 cents before brokerage.
- fuzzballl 7:35 am on Friday, August 23, 2019
  
  Considering where we were yesterday at this time I’ll take it!
Jeff 8:48 am on Friday, August 23, 2019

I’ve decided to skip the rolling and assignments of anything other than sub-$40 stocks as long as we’re under Downside Warning. Got hammered on $Z, and I don’t want to wait for recovery with the burden of deep ITM puts or heavy stock position.
Lesserweavil 8:52 am on Friday, August 23, 2019

I followed the JadeLizard on Wednesday. Closed the Call side for both the lizard (122p/131c/134c) and my IronCondor (105p/115p/145c/155c) yesterday @0.10 and 0.08. Rolled the 122 Aug 23 puts to Sept @+2.40. Now sitting on the Sept 20 122 puts and the Sept 20 105/115 #BuPS.

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