Daily AT40 (T2108) is below…

Daily AT40 (T2108) is below 20%

Closing NUGT, SPXpire

#ContangoETFs . I am closing $NUGT at breakeven because I think chances are it will still go higher and I don’t want to get into another $DRIP situation right now.

BTC NUGT June 47 calls for 3.75. Sold for 3.80 on Dec 24.
BTC NUGT Sep 52 calls for 4.75. Sold for 4.80 on Feb 21.

#SPX1dte Expiring: $SPX Feb 26th 2970/2990-3220/3240 condors, sold yesterday for 1.30.

AAPL collar

Put on a zero cost collar to protect my long stock in $AAPL from any more potential big shocks:
Bought $AAPL 3/20 250 puts @ 2.03
Sold $AAPL 3/20 317.50 calls @ 2.03
Stock around 291.

The puts are above the 200 day moving average, the calls up at resistance.

DRIP adjustment/adds

I did these a little while ago when DRIP was still under 150. What a crazy move in oil.

Rolled in the money 3/20 125 call up and out to 6/19 155 call (which was out of the money at the time but not anymore) for 1.95 credit.

Sold the new highest strike 3/20 220 call @ 5.00. Obviously you can do quite a bit better now. I have an offer in for another contract above where it’s trading now.

#contangoetfs

UNH

#ShortPuts – Selling the week prior to earnings and down near 2 year lows and just outside the expected move.

Sold UNH APR 03 2020 230.0 Put @ 3.60

A TRADE:

SPCE STO 2/28/20 31.0 PUTS @1.02 Will take the stock if put to.

TQQQ

STO April 3, 55/105 strangle at 3.70

#earnings SQ Sold March 20,…

#earnings SQ

Sold March 20, 65/95 strangle for 1.62.
Thanks for the data Jeff

TRADES: Not doing too much.

SPCE BTO STOCK @32.45 & 33.25 50 SHARES EACH
SPCE STO 2/28/20 35.5 CALL @1.10

AMZN BuPS

STO 6 Mar 1950/1945P for 1.24

#earnings #closing CRM Yesterday sold…

#earnings #closing CRM SPCE

CRM Yesterday sold a March 20, 160/210 strangle for 2.30, bought today for 1.58.
SPCE sold a ratio spread for .88, looked good this morning, not so good this afternoon, pulled the plug early and bought for .70.

Thanks for the data Jeff.

HD

BTO Mar 20 237.5/240 Calls $1.22 #supercharger

#fallingknife #putratiospread VIAC Working off…

#fallingknife #putratiospread VIAC #shortputs MRO

Working off of Iceman’s list, VIAC sold April 17, -24/-24/+25 ratio spread for .50
MRO sold March 6, 8.50 put for .18

SQ earnings analysis

#Earnings $SQ reports tonight. Below are details on earnings one-day moves over the last 12 quarters.

Nov. 6, 2019 AC +5.00%
Aug. 1, 2019 AC -14.05% Biggest DOWN
May 1, 2019 AC -7.98%
Feb. 27, 2019 AC +2.42%
Nov. 7, 2018 AC -9.02%
Aug. 1, 2018 AC +8.65%
May 2, 2018 AC +1.13%
Feb. 27, 2018 AC +0.30%
Nov. 8, 2017 AC +3.40%
Aug. 2, 2017 AC -4.68%
May 3, 2017 AC +8.86%
Feb. 22, 2017 AC +14.02% Biggest UP

Avg (+ or -) 6.63%
Bias 0.67%, positive bias on earnings.

With stock at 78.00 the data suggests these ranges:
Based on current IV (expected move into Friday per TOS): 71.10 to 84.90
Based on AVERAGE one-day move over last 12 quarters: 72.83 to 83.17
Based on MAXIMUM one-day move over last 12 Q’s (14.1%): 67.04 to 88.96
Based on UP max only (+14.0%): 88.94

Open to requests for other symbols.

#earnings SPCE BTC SPCE BuPS…

#earnings
SPCE
BTC SPCE BuPS for 1.65
Was STO yesterday for 1.35

#earningsTGT BuPS 3 Mar 110/105…

#earningsTGT BuPS
3 Mar 110/105 for 1.66
TGT reports Mar 3