Maybe put these back on the radar…
Daily Archives: Monday, September 9, 2019
SHOP put spread
Borrowing an idea from @jsd501
Sold $SHOP 10/18 325/315 bull put spread @ 2.41
SPX 7-dte
#SPX1dte Sold to Open $SPX Sept 16th 2875/2900-3025/3050 for 2.25.
Expiring: Sept 9th, 2925/2945-3010/3025 condors, sold Friday for .85
CTRP earnings analysis
#Earnings $CTRP reports tonight. Below are details on earnings one-day moves over the last 12 quarters.
May 22, 2019 AC -3.18%
March 4, 2019 AC +19.77% Biggest UP
Nov. 7, 2018 AC -19.01% Biggest DOWN
Sept. 5, 2018 AC +5.43%
May 22, 2018 AC +3.98%
March 14, 2018 AC -1.94%
Nov. 1, 2017 AC -2.29%
Aug. 30, 2017 AC -2.40%
May 10, 2017 AC -3.52%
Feb. 22, 2017 AC +1.44%
Nov. 23, 2016 AC +9.80%
Aug. 31, 2016 AC +3.40%
Avg (+ or -) 6.35%
Bias 0.96%, positive bias on earnings.
With stock at 34.50 the data suggests these ranges:
Based on current IV (expected move into Friday per TOS): 31.56 to 37.44
Based on AVERAGE one-day move over last 12 quarters: 32.31 to 36.69
Based on MAXIMUM one-day move over last 12 Q’s (19.8%): 27.68 to 41.32
Based on DOWN max only (-19.0%): 27.94
Open to requests for other symbols.
DRIP dropped
#ContangoETFs. BTC $DRIP Sept 20th 115 calls for .40. Sold for 3.60 on July 25th.
Closing some more DRIP
Bought to close 10/18 130 call @ 2.55.
Position is a rollout:
Original sale 9/20 115 call @ 3.50 on 7/25
Rolled up and out to 10/18 130 call @ 1.21 credit on 8/27
Total credit taken in: 4.71. Cost to close: 2.55. Profit: 2.16.
I’m still short Dec 115 and 130 calls.
SHOP
STO October 18, 325 put @ 8.30
SQ ULTA
#CoveredCalls – Still digging out…
Sold SQ SEP 27 2019 63.0 Calls @ 1.43
Bought to Close ULTA SEP 13 2019 265.0 Call @ .05 (sold for 2.80)
Sold ULTA SEP 27 2019 242.5 Call @ 2.45
UVXY
#BearCallSpreads – Bought to Close UVXY SEP 20 2019 45.0/55.0 Bear Call Spreads @ .06 (sold for .93 average)
Closing SHOP
Bought to close $SHOP 9/20 420/430 bear call spread @ .40. Sold for 2.36 on 8/28.
SHOP
#ShortPuts – Thanks @jsd501 for the idea.
Sold SHOP SEP 27 2019 325.0 Put @ 4.40
SOXL
#ShortPuts – Forgot I had this order in but I’ll take it. Ready for the next implosion…
Bought to Close SOXL SEP 20 2019 140.0 Put @ 1.00 (sold for 10.30)
LABU
Assigned on various lots over the weekend on #pietrades. STO the 35, 35.5 and 36 cc for 2.8, 2.75 and still waiting on the 36 fill. Regardless brings CB to 34.80, 34.70 and under 35 for the final.36 filled for 2.70. CB 34.85.
#closing #earnings SPLK August 21,…
SHOP
STO October 18, 345 put @ 11.50 with the stock at 368
UVXY
BTC $UVXY 9/20/2019 45/55 #BuCS @0.05.
Options Bistro 