SPX trades

#SPX7dteLong Bought to open $SPX May 13th 2840/2860-2870/2890 condors for 17.90, with SPX at 2859.

#SPX1dte Expiring: May 6th 2770/2790-2940/2960 condors, sold yesterday for 1.20.

Closing TLT

Bought to close $TLT 6/19 170/175 bear call spread @ .70. Sold for 1.50 on 4/27.

TQQQ

STO May 29, 40 puts at .40

STO May 29, 45 puts at .68

STO June 5, 40 puts at .68

TQQQ

BTCMay 8, 50 puts at .02 and still waiting on the 45 puts and the 40 puts to fill at .01 cent.I don’t mind taking the risk off for a penny or two.

#earnings SQ Sold June 19,…

#earnings SQ

Sold June 19, 50/90 strangle for 1.70

Thanks for the data Jeff

BYND STO 3 CC May 8 $125 net $118.9 Stock at $123.88

#coveredcalls

#bynd

AAPL Earnings swap for SQ Earnings

#ShortPuts #Earnings – Closing AAPL and adding SQ. Out a week for a little more safety…

Bought to Close AAPL MAY 15 2020 265.0 Put @ .35 (sold for 2.25)

Sold SQ MAY 15 2020 60.0 Puts @ .85

Going back into DIS

Slowly. Sold $DIS 6/19 90 puts @ 2.08. Delta 21.

SQ earnings analysis

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

Feb. 26, 2020 AC +3.55%
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% Biggest UP

Avg (+ or -) 5.75%
Bias -0.20%, slight negative bias on earnings.

With stock at 69.00 the data suggests these ranges:
Based on current IV (expected move into Friday per TOS): 63.23 to 74.77 (+/- 8.4%)
Based on AVERAGE one-day move over last 12 quarters: 65.03 to 72.97
Based on MAXIMUM one-day move over last 12 Q’s (14.1%): 59.31 to 78.69
Based on UP max only (+8.9%): 75.11

Open to requests for other symbols.

#shortputs #coveredcalls OXY NTGR OXY…

#shortputs #coveredcalls OXY NTGR CPRI
OXY Sold June 19, 12 put for 1.00
NTGR Sold June 19, 25 covered call for .75
CPRI Sold May 15, 15 covered call for .40
CCL Sold May 15, 11.50 put for .45

#earnings #closing DIS Sold 100/105…

#earnings #closing DIS

Sold 100/105 May 15 long put spread in DIS for 2.70, bought yesterday for 2.00.

Record job losses

I don’t believe the market will keep shrugging this stuff off.

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DXCM up to $364.28 Expensive Roll Up of CC’s

Significant investment to maintain CC positions. Don’t want stock called away due to tax implications. Share of account value getting too high.

BTC May 15 $310 sold at $35.03 and closed at $62.95

BTC May 15 $320 sold at $27 and closed at $53.32

STO May 15 $350 at $28.24

STO May 15 $360 at $21.32

Leaves CC’s with strikes at $330, $350, $360.

#coveredcalls, #dxcm