Jeff 7:44 am on Wednesday, May 6, 2020
Tags: Earnings ( 3,108 )

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.

thomberg1201 7:28 am on Wednesday, May 6, 2020
Tags: CoveredCalls ( 2,202 ), ShortPuts ( 4,764 )

#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

thomberg1201 6:42 am on Wednesday, May 6, 2020
Tags: closing ( 266 ), Earnings ( 3,108 )

#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.

Jeff 6:12 am on Wednesday, May 6, 2020

Record job losses

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

JUST IN: U.S. private payrolls fell by more than 20.2 million in April, the worst loss in the ADP survey’s history. https://t.co/E37a0IjOc5 pic.twitter.com/FRcGtXXVa6

— CNBC (@CNBC) May 6, 2020

https://platform.twitter.com/widgets.js

jefflsmith 2:59 am on Wednesday, May 6, 2020
Tags: CoveredCalls ( 2,202 ), DXCM ( 3 )

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

fuzzballl 1:03 pm on Tuesday, May 5, 2020
Tags: CoveredCalls ( 2,202 )

SPY

#CoveredCalls – Come and get it Mr. Market…

Bought to Close SPY MAY 06 2020 292.0 Call @ .16 (sold for 1.70)
Sold SPY MAY 15 2020 290.0 Call @ 3.50

Jeff 12:58 pm on Tuesday, May 5, 2020
Tags: SPX1dte ( 1,714 )

SPX 1-dte

#SPX1dte Sold to Open $SPX May 6th 2770/2790-2940/2960 condors for 1.20, IV 23.15%, SPX 2869, deltas -.06, +.04.

thomberg1201 12:32 pm on Tuesday, May 5, 2020
Tags: ShortPuts ( 4,764 )

#shortputs X AA Sold May…

#shortputs X AA
Sold May 15, 8 put in X for .28
Sold June 19, 7 put in AA for .45 Both are aligned with assigned shares, of course they’re in the red.

Option Iceman 12:30 pm on Tuesday, May 5, 2020

VXX Diagonal Spreads

Bought VXX 01/15/2021 11.00 Puts / Sold 05/08/2020 35.00 Puts @ 0.03 Credit.
Pushed my long side puts a point closer to the stock than my earlier trade.
Today’s stock low was 37.56

thomberg1201 11:16 am on Tuesday, May 5, 2020
Tags: closing ( 266 ), ShortPuts ( 4,764 )

#closing #shortputs EWZ Being a…

#closing #shortputs EWZ

Being a little paranoid, bought June 19, 20 put for .77, sold April 17 for 1.00. Story in WSJ about Brazil having Covid troubles.

fuzzballl 10:47 am on Tuesday, May 5, 2020
Tags: ShortPuts ( 4,764 )

SPY

#ShortPuts – Taking a little more risk off…

Bought to Close SPY MAY 08 2020 270.0 Puts @ .15 (sold for 1.75)

Jeff 8:49 am on Tuesday, May 5, 2020
Tags: SPX7dteLong ( 350 )

SPX 7-dte

#SPX7dteLong Sold to close $SPX May 6th 2950/2970 call spreads for 1.50. Sold put side for 19.00 yesterday. Condors bought for 17.55 last Wednesday, so 2.95 profit overall.

jsd501 8:42 am on Tuesday, May 5, 2020

TQQQ

STO September 30 puts at 3.10

STO September 35 puts at 2.20

jsd501 8:41 am on Tuesday, May 5, 2020

FRPT

BTC, the May 15, 55 puts at .20 cents. Sold at 2.00

Option Iceman 8:36 am on Tuesday, May 5, 2020

DEA

Never heard of this one until today. But it does have options Low open interest and huge spreads, but at least they are there.

Dividend Yield: 3.9%
Easterly Government Properties is a shining example of the kind of stock I’m talking about today.
It’s a real estate investment trust (REIT) that has one of the most reliable tenants in the world — the U.S. government.
It’s based in Washington, D.C. and leases Class A properties to government agencies. DEA operates 72 properties for 32 agencies with nearly 7 million square feet of space.
DEA has been around since 2011, so it’s relatively new in the REIT space. But this is a very unique niche with a serious competitive moat.
Currently it has a solid 3.9% dividend, which shouldn’t be affected by any of the economic issues visited upon the broader economy. The stock is up 50% in the past 12 months, so there’s some significant growth there as well.

thomberg1201 8:26 am on Tuesday, May 5, 2020
Tags: Earnings ( 3,108 ), Hedge ( 75 ), LongPutSpread ( 15 )

#earnings #longputspread #hedge DIS Bought…

#earnings #longputspread #hedge DIS

Bought a 105/100 May 15 put spread for 1.99 against a rolled June 19, 100/110 short put spread, DIS is around 104.
Thanks for the data Jeff.

Option Iceman 7:13 am on Tuesday, May 5, 2020

VXX Diagonal Spreads

Bought VXX 01/15/2021 10.00 Puts / Sold 05/08/2020 35.00 Puts @ 0.03 Credit.
If this works, I will own some zero cost 2021 Puts by Friday.
If it doesn’t that means the market is screaming higher (helping the rest of my portfolio) and I can roll them weekly until they do.
Last week’s low on VXX was 35.55.

Jeff 7:08 am on Tuesday, May 5, 2020
Tags: Earnings ( 3,108 )

DIS earnings analysis

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

Feb. 4, 2020 AC -2.32%
Nov. 7, 2019 AC +3.76% Biggest UP
Aug. 6, 2019 AC -4.94% Biggest DOWN
May 8, 2019 AC -1.03%
Feb. 5, 2019 AC -1.10%
Nov. 8, 2018 AC +1.72%
Aug. 7, 2018 AC -2.21%
May 8, 2018 AC -1.78%
Feb. 6, 2018 AC -1.32%
Nov. 9, 2017 AC +2.04%
Aug. 8, 2017 AC -3.87%
May 9, 2017 AC -2.15%

Avg (+ or -) 2.35%
Bias -1.10%, negative bias on earnings.

With stock at 105.00 the data suggests these ranges:
Based on current IV (expected move into Friday per TOS): 97.71 to 112.29 (+/- 6.9%)
Based on AVERAGE one-day move over last 12 quarters: 102.53 to 107.47
Based on MAXIMUM one-day move over last 12 Q’s (4.9%): 99.81 to 110.19
Based on UP max only (+3.8%): 108.95

NOTE: Expected move into Friday expiration is much higher than historical moves.

Open to requests for other symbols.

fuzzballl 6:41 am on Tuesday, May 5, 2020
Tags: ShortPuts ( 4,764 )

SPY

#ShortPuts – Bought to Close SPY MAY 06 2020 275.0 Puts @ .10 (sold for 2.00)

Jeff 12:37 pm on Monday, May 4, 2020
Tags: SPX1dte ( 1,714 ), SPX7dteLong ( 350 )

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.

geewhiz112 12:30 pm on Monday, May 4, 2020
Tags: CoveredCalls ( 2,202 )

NCLH Roll

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

Ramie 10:47 am on Monday, May 4, 2020

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.

fuzzballl 10:45 am on Monday, May 4, 2020
Tags: BullPutSpreads ( 150 ), Earnings ( 3,108 )

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

Option Iceman 9:49 am on Monday, May 4, 2020

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

geewhiz112 9:29 am on Monday, May 4, 2020
Tags: BUPS ( 400 )

ROKU BUPS Closed

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

Ramie 9:17 am on Monday, May 4, 2020

UVXY June

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

Jeff 9:00 am on Monday, May 4, 2020
Tags: SPX7dteLong ( 350 )

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.

Jeff 8:48 am on Monday, May 4, 2020
Tags: Earnings ( 3,108 )

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.

jefflsmith 7:23 am on Monday, May 4, 2020
Tags: CoveredCalls ( 2,202 )

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

Lost stock to assignment on the weekend

#coveredcalls

Option Iceman 7:19 am on Monday, May 4, 2020

CCL

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

Option Iceman 7:19 am on Monday, May 4, 2020

SLB

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

Jeff 2:07 am on Sunday, May 3, 2020

Episode 5 – I Can’t Stand It

Online Offerings Overload, Extraction, The Lighthouse, The Beastie Boys Story, Fiona Apple, New Music Picks, Essential Picks, Listener NitPick // Find more details, links and playlists at http://thepickcast.com

jefflsmith 10:53 am on Saturday, May 2, 2020

Summary of Positions – IB

CVX Diagonal May 1 $85 to May 8 $90 Debit $2.66

DXCM – no action – May 15 Exp

EW Expired – Did not roll, write if stock strengthens

HAL Calendar May 1 $9 to May 8 $9 $.19 credit

PTON – Diagonal Up May 1 $31 to May 8 $32 $1.95 credit

ILMN Expired – Did not roll, Write if stock strengthens

STE – No action – May 15 Exp

T – Calendar May 1 $29.5 May 8 $29.5 $.32 credit

Eight of nine positions making money. One losing position is on medical supplies company that was granted temporary approval to re-sterilize N95 masks! Overall net profits still positive but dropped about $3,000 from Thursday to Friday. My Schwab account does not have 8 of 9 positive positions!

#coveredcalls

Option Iceman 3:44 pm on Friday, May 1, 2020

OptionsExpiration

Expired:
AAL 05/01/2020 15.00 Covered Calls
AGNC 05/01/2020 13.50 Covered Calls
CCL 05/01/2020 15.50 Covered Call
GLW 05/01/2020 23.00 Covered Call
SLB 05/01/2020 17.50 Covered Calls
SLB 05/01/2020 18.00 Covered Calls
SLV 05/01/2020 14.50 Covered Call
WFC 05/01/2020 32.00 Covered Call

AAL 05/01/2020 9.00 Put
VXX 05/01/2020 35.00 Covered Put
VXX 05/01/2020 34.50 Covered Put

No assignments

Option Iceman 3:33 pm on Friday, May 1, 2020

OXY Roll UP

Bought to close OXY 05/01/2020 17.50 Covered Calls / Sold OXY 05/08/2020 18.00 Covered Calls @ 0.41 Credit plus 0.50 Higher strike.
The stock closed at 15.24 today.

Jeff 12:51 pm on Friday, May 1, 2020
Tags: SPX1dte ( 1,714 )

SPX 1dte

#SPX1dte Sold to Open $SPX May 4th 2695/2710-2930/2950 condors for 1.05, IV 22.5%, SPX 2833, deltas: -.04, +.04

mortlightman 12:44 pm on Friday, May 1, 2020

GILD

Had a 87/77 BuPS for May1 got a bit dicy so I rolled it to next week for a 0.12 Cr, couple more rolls and I will have $0.0 risk

Jeff 12:43 pm on Friday, May 1, 2020
Tags: SPX7dteLong ( 350 )

SPX 7dte Long

#SPX7dteLong Bought to Open $SPX May 8th 2810/2830-2840/2850 condors for 18.40, w/SPX at 2829.

fuzzballl 12:03 pm on Friday, May 1, 2020
Tags: ShortPuts ( 4,764 )

TQQQ

#ShortPuts – Easy to roll and good premium. Adding one to May monthly.

Sold TQQQ MAY 15 2020 55.0 Put @ 2.21

mortlightman 11:27 am on Friday, May 1, 2020

VXX

BTO Jan 15 19 Put $1.46 adding to Position

fuzzballl 11:25 am on Friday, May 1, 2020
Tags: ShortPuts ( 4,764 )

TQQQ

#ShortPuts – Getting a little bounce so I’ll take it off for risk reduction…

Bought to Close TQQQ MAY 01 2020 65.5 Put @ 2.00 (sold for 5.20)

Cleared to rally now! 🙂 🙂

Option Iceman 11:22 am on Friday, May 1, 2020

Quote of the day

Everybody realizes the US economy is in a bad spot. But most people still seem to believe it will bounce right back once we deal with the coronavirus… They’re all high on Federal Reserve fairy dust.

Option Iceman 10:54 am on Friday, May 1, 2020

HPE rollout

Bought to close HPE 05/01/2020 9.50 Covered Call / Sold HPE 05/08/2020 9.50 Covered Call @ 0.22 Credit

Option Iceman 10:49 am on Friday, May 1, 2020

AA rollout

Bought to close AA 05/01/2020 8.0 Covered Calls / Sold AA 05/08/2020 8.0 Covered Calls @ 0.20 Credit

Option Iceman 10:45 am on Friday, May 1, 2020

AAL news

Analyst sets a $1 price target on American Airlines.

Option Iceman 10:44 am on Friday, May 1, 2020

WDC news

Western Digital suspended their dividend.

Jeff 10:37 am on Friday, May 1, 2020
Tags: Jobs ( 132 )

Econ Calendar for week 0f 5/4/20

#Jobs report for April is Friday… it’ll be a doozy!

jsd501 10:18 am on Friday, May 1, 2020

SPY

STO May 15, 240 put at .76 cents, small trade and my next add would be the 220 put.

jsd501 9:25 am on Friday, May 1, 2020

TQQQ

STO May 15, 40 puts at .41 cents.

Jeff 9:22 am on Friday, May 1, 2020
Tags: SPX1dte ( 1,714 )

SPX 1-dte stopped

#SPX1dte Bought to close $SPX May 1st 2820/2800 put spreads for 3.50. Condors sold yesterday for 1.30.

So, between last Friday’s sale (Monday expiry) until this closure today, the #SPX1dte strategy was a loss of 1.05. Not bad for an unusual week with TWO stops.

Jeff 9:07 am on Friday, May 1, 2020
Tags: Earnings ( 3,108 )

AMZN loss

#Earnings Bought to close $AMZN 2325/2320 put spreads for 4.70. Sold for 1.50 yesterday.

Finally, the market seems to be doing what it should have been doing for weeks… dropping. Of course it was right after I decided to take bullish earnings trades! At least I got out of TSLA, but saving a few pennies by dumping out before expiration on this one. Not sure if I’m going to roll or just accept the loss. Gotta deal with my threatened SPX puts for now.

Jeff 8:59 am on Friday, May 1, 2020

Slipped out the door just in time

$TSLA trade closed with profit before the drop…. $AMZN not gonna work…

$TSLA drops after CEO Elon Musk says stock price is "too high." https://t.co/wb2mDn0Q4F

— CNBC (@CNBC) May 1, 2020

https://platform.twitter.com/widgets.js

jefflsmith 8:49 am on Friday, May 1, 2020
Tags: CoveredCalls ( 2,202 )

ASSIGNED ON 53 SDC MAY 1 $6. BTO 50 CC SDC MAY 8 $7.0 NET $6.40 STOCK AT $6.90

#coveredcalls #SDC

Ramie 8:10 am on Friday, May 1, 2020

AMZN post-earnings

Sold $AMZN 5/15 2130/2150/2480/2500 iron condor @ 6.00 with the stock around 2300. Short strikes are at 18 delta. Credit received 30% of the width of the strikes.

Option Iceman 7:31 am on Friday, May 1, 2020

VIAC rollup

Bought to close VIAC 05/01/2020 18.00 Covered Calls @ 0.01.
Sold VIAC 05/08/2020 19.00 Covered Calls @ 0.29 for next week with the strike a point higher.

Jeff 7:26 am on Friday, May 1, 2020
Tags: Earnings ( 3,108 )

TSLA closed

#Earnings Things looking a bit murky today, so closed $TSLA May 1st 720/715 put spreads for .30. Sold for 1.25 on Wednesday. Also have $AMZN put spread currently ATM.