SPX 7-dte and 1-dte

#SPX7dteLong Bought to open $SPX May 11th 2810/2830-2840/2850 condors for 18.20, with SPX at 2840.
Expiring: May 4th 2880/2860 long put spreads at max profit: 20.00. Condors bought for 17.65 last Monday.

#SPX1dte expiring: May 4th 2690/2710-2930/2950 condors, sold Friday for 1.05.

NCLH Roll

#coveredcalls
$NCLH BTC 5/15 20 call and STO 5/15 16 call at .65 credit.

Going long SBUX

Via short puts. Sold $SBUX 6/19 60 puts @ 1.90 with the stock at 71.61. Delta 19. Cost basis if assigned 58.10.

SPCE Earnings

#BullPutSpreads #Earnings – Jumping back into this one after stock getting called away over the weekend. Earnings not until tomorrow afternoon but with the stock down a little today I’m selling early.

Sold SPCE MAY 8 2020 19.0/16.0 Bull Put Spreads @ 1.80

ADS Roll Up Call

Bought to close 1 Bought ADS 05/08/2020 40.00 Covered Call / Sold 1 ADS 05/29/2020 42.00 Covered Call @ 0.30 Credit plus 2.00 point higher strike

ROKU BUPS Closed

#bups
$ROKU BTC 5/15 75/80 BUPS at .10. STO 4/6 @ 1.55. Thank you @ramie

UVXY June

Sold $UVXY 6/19 60/70 bear call spread @ 1.61

SPX 7-dte

#SPX7dteLong In the pre-market, sold to close $SPX May 6th 2940/2920 put spreads for 19.00. Condors bought for 17.55 last Wednesday. Profit already made, but will try to sell the 2950/2970 call spreads for a bit extra on any push higher.

Looking for the May 4th 2880/2860 put spread to expire today at full profit, 20.00.

REGN earnings analysis

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

Feb. 6, 2020 BO +4.75%
Nov. 5, 2019 BO +6.93%
Aug. 6, 2019 BO +0.23%
May 7, 2019 BO -6.34% Biggest DOWN
Feb. 6, 2019 BO -3.43%
Nov. 6, 2018 BO +0.75%
Aug. 2, 2018 BO +6.99% Biggest UP
May 3, 2018 BO -1.25%
Feb. 8, 2018 BO -3.58%
Nov. 8, 2017 BO +2.66%
Aug. 3, 2017 BO -2.03%
May 4, 2017 BO +6.70%

Avg (+ or -) 3.80%
Bias 1.03%, positive bias on earnings.

With stock at 540.00 the data suggests these ranges:
Based on current IV (expected move into Friday per TOS): 509.48 to 570.52 (+/- 5.7%)
Based on AVERAGE one-day move over last 12 quarters: 519.46 to 560.54
Based on MAXIMUM one-day move over last 12 Q’s (7.0%): 502.25 to 577.75
Based on DOWN max only (-6.3%): 505.76

NOTE: 5-day max moves are -9.1% and +9.9%.

Open to requests for other symbols.

BTO 5 ILMN CC May 8 $310 Net $304.48 Stock @$309.31

Lost stock to assignment on the weekend

#coveredcalls

CCL

Sold 1 CCL 05/08/2020 16.00 Covered Call @ 0.20

SLB

Sold SLB 05/08/2020 17.50 Covered Calls @ 0.12