A TRADE:

OSTK STO 9/4/20 130.0 CALL @10.0

SPX dead zone

#SPX7dte First time I’ve ended in the dead zone of one of these long condors. Got a dollar for the put side this morning but zero for the call side. My mistake was forgetting the Fed minutes were today, which meant I should have closed with a small profit before 2pm ET. Loss of 14.80.

#spx1dte

VXX

Adding some calls for this week hoping to pull my large put positions back out of the money before Friday
Sold VXX 08/21/2020 26.0 Calls @ 0.29
Sold VXX 08/21/2020 27.0 Calls @ 0.18.
Sold these against November long calls I’ve been adding for the last two weeks.

If the markets decline badly, these can easily be rolled.

INTC

#ShortPuts – Just in case NVDA pulls some chip stocks down taking this off for safety. Got over half of max profit. Might look at it again when the squeeze forms and sell something ITM for the recovery.

Bought to Close INTC SEP 18 2020 45.0 Puts @ .42 (sold for .94)

ROKU

#ShortPuts – Just for safety. Still holding Sep 18th 125 strike.

Bought to Close ROKU AUG 21 2020 140.0 Put @ .34 (sold for 2.78)

SPY

STO October 2, 280/300 bull put spread at 1.02

BABA IC Closed

#bups #earnings
$BABA BTC 8/21 220/230/280/290 IC for .75. STO 7/22 for 3.11. Earnings tonight. Plan was to close before earnings. Can’t believe I stuck to my plan.

TDOC

#ShortPuts – Sold TDOC SEP 18 2020 180.0 Put @ 3.06

LULU – Roll

BTC $LULU Aug-28-200 300 #ShortPut @0.07 debit . Holding 290 #LongPut due to no fill with it on the order.
STO $LULU Sep-18-2020 310/320 #BuPS @1.53.
Stock at 362.29. Short Put 18 Delta. 30 days to close. 700 miles to Chicago, wearing sunglasses…

Also holding Sep-04 and Sep-11 290/300 #BuPS.

TDOC

#ShortPuts – Looking to replace this one now…

Bought to Close TDOC SEP 04 2020 165.0 Put @ .45 (sold for 4.30)

MRVL TDOC Put Roll

#shortputs
$MRVL BTC 8/21 36 put and STO 8/28 36 put at .40 added credit.
$TDOC BTC 8/28 175 put and STO 9/11 185 put at 2.35 added credit. Thanks for the reminder @fuzzballl
$TDOC BTC 9/4 165 put and STO 9/11 185 put at 2.10 added credit. Thanks for the reminder @fuzzballl

SPY bearish Diagonal

Sold 1 SPY Sep 18 2020 333.0 Call / Bought 1 SPY Oct 16 2020 346.0 Call @ 5.02 Credit.
If there is no market pullback in the next month I can do a weekly roll after that.

SPY was down below 333 three times in the last 10 trading days

AAL

A bit of a bounce in the stock and so I wrote against half of my October long calls again
Sold AAL 08/21/2020 14.50 Calls @ 0.12
#DoubleDip

NFLX

In my IRA, STO  October 2,  350/400-600/650 iron condor at 2.90

#fallingknifeCODX STO 25 Sept, 14P…

#fallingknifeCODX
STO 25 Sept, 14P for 2.30
Sweet premium so either I’ll get crushed or love it!
I’ll get my answer in 37 days or less.

TSLA

BTC September 18, 1500/2900 strangle at 39.00 cost was 44.00 so squeezed out a small profit.

Also, BTC the September 18 1330/1350/1880/1900 Iron condor at 15.30

#shortstrangles COF Sold Sept. 18,…

#shortstrangles COF #earnings BABA #closing LUV

BABA Sold Sept. 18, 230/235/285/290 for 1.79.
Thanks for the data Jeff

COF Sold Sept. 18, 57.50/75 strangle for 1.67
#tastytradefollow

LUV Aug. 6, sold Sept. 18, 27.50 put for .65, bought today for .24

NVDA Earnings

#ShortPuts #Earnings – Going out a couple weeks to average down just in case…

Sold NVDA SEP 04 2020 425.0 Put @ 3.80

IRBT BWB

 $IRBT STC Aug 21, 80 / 75 / 65 Broken Wing Put Butterfly for $2.55 credit (trade entered for a $0.78 credit), so $0.78 credit on the way in and + $2.55 credit on the way out making for a total gain of $3.33.

Although IRBT was approaching max profit on the trade, expiring this Friday, humility for once urged me to take the profits now.

Original entry with comments

TDOC

#ShortPuts – Still nice IV rank and selling outside the expected move. Book one and replace it to stay in the game.

Bought to Close TDOC AUG 28 2020 175.0 Put @ .45 (sold for 3.30)
Sold TDOC SEP 11 2020 185.0 Put @ 2.90

#coveredcalls SDC Bought a Sept….

#coveredcalls SDC

Bought a Sept. 4, 8.5 covered call for 7.73.
Thanks for the idea Jefflsmith

FSLY

#ShortPuts – First time in this one. One contract starter just to watch it.

Sold FSLY SEP 4 2020 65.0 Put @ 1.25

SPX 7-dte

#SPX7dteLong Sold to close $SPX Aug 19th 3370/3350 put spreads for 1.00. Banking on the call side for my expiration profit. Condors bought last Thursday for 15.80.

NVDA IC

#Earnings Sold to Open $NVDA Aug 21st 455/460-525/530 iron condors for 1.70, with stock at 487.30.
I’m ignoring the -18% outlier and going just outside the remaining max moves.

BABA earnings analysis

#Earnings $BABA reports tomorrow morning. Below are details on earnings one-day moves over the last 12 quarters.

May 22, 2020 BO -5.87%
Feb. 13, 2020 BO -1.76%
Nov. 1, 2019 BO -0.11%
Aug. 15, 2019 BO +3.02%
May 15, 2019 BO +1.57%
Jan. 30, 2019 BO +6.33% Biggest UP
Nov. 2, 2018 BO -2.41%
Aug. 23, 2018 BO -3.15%
May 4, 2018 BO +3.52%
Feb. 1, 2018 BO -5.90% Biggest DOWN
Nov. 2, 2017 BO -0.68%
Aug. 17, 2017 BO +2.77%

Avg (+ or -) 3.09%
Bias -0.22%, no significant bias on earnings.

With stock at 258.00 the data suggests these ranges:
Based on current IV (expected move into Friday per TOS): 244.69 to 271.31 (+/- 5.2%)
Based on AVERAGE one-day move over last 12 quarters: 250.03 to 265.97
Based on MAXIMUM one-day move over last 12 Q’s (6.3%): 241.67 to 274.33
Based on DOWN max only (-5.9%): 242.78

Open to requests for other symbols.

NVDA earnings analysis

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

May 21, 2020 AC +2.86%
Feb. 13, 2020 AC +7.02%
Nov. 14, 2019 AC -2.66%
Aug. 15, 2019 AC +7.25% Biggest UP
May 16, 2019 AC -2.28%
Feb. 14, 2019 AC +1.81%
Nov. 15, 2018 AC -18.75% Biggest DOWN
Aug. 16, 2018 AC -4.90%
May 10, 2018 AC -2.15%
Feb. 8, 2018 AC +6.69%
Nov. 9, 2017 AC +5.26%
Aug. 10, 2017 AC -5.32%

Avg (+ or -) 5.58%
Bias -0.43%, small negative bias on earnings.

With stock at 488.00 the data suggests these ranges:
Based on current IV (expected move into Friday per TOS): 454.74 to 521.26 (+/- 6.8%)
Based on AVERAGE one-day move over last 12 quarters: 460.77 to 515.23
Based on MAXIMUM one-day move over last 12 Q’s (-18.8%): 396.50 to 579.50
Based on UP max only (+7.3%): 523.38

Open to requests for other symbols.

#earningsT.O.S. still not working As…

#earningsT.O.S. still not working
As of this morning, 19 Aug, TOS is still screwed up. Not getting filled on trades that normally would fill. And, the one trade that did fill, did not and does not display as a filled order on the Activity and Positions page.

Is anyone using another trading platform?
If this keeps up I may switch.

New Covered Call Position in SDC

SDC stock dropped following the recent earnings call. SDC covered calls have generated significant profits in my Schwab accounts. The drop in price created an opportunity to establish new covered calls in IB account. SDC has an interesting business model (changing the paradigm in the orthodontics). Two members of our family have had positive experiences with using the system.

The covered call positions were established with the purchase of 1,000 shares on the 8/17 and another 1,000 shares on 8/18. On 8/17 we sold 10 Aug 21 $7.50 calls followed by selling 10 Aug 21 $8 calls.

#coveredcalls-2, #sdc, #sdc-2