It looks like the stock will be down again tomorrow so since there are only 2 companies that make airplanes, I will take a chance that BA will be in business, even though they may have to give up on the Max.
So I am looking at the December 2020 puts which is a year away. Fidelity will only require a margin of $3,520 per contract and as of tonight you could sell the 250 puts for 11.95 or better tomorrow. I calculate that as a 36.5% return on margin for the year.
#VIXIndicator An Upside Warning will go into effect Tuesday with a VIX close at 12.82 or lower.
#closing #shortputspread HD
Dec. 4 sold a post earnings, Jan. 17, 195/205 put spread for 1.44, bought today for .55.
#SPX1dte BTC $SPX Dec 16th 3200 calls for .20. Condors sold for .80 on Friday.
STC $TSLA 365 Dec 27 #longcalls. Trailing stop triggered @20.05. Overall gain 1.25. Not as good as I could have done, but better than what I was going to do from the original Call spread which went deep ITM and started the day as a loser.
#CoveredCalls #ShortPuts – Not finding much to do this week. I’ll probably let my REGN stock get called away next week slightly under my basis. Switching over to a few put sales for repair. Similar to TNA, LABU, and WYNN positions recently repaired.
Sold REGN JAN 10 2020 355.0 Put @ 2.75
$NEWT BTC 12/20 22.5 put at .15. STO at .91 on 11/11.