WYNN Earnings

#BullPutSpreads – Whiz has been starting to lean a little bullish on the casinos so selling aggressively here. Either make a little or get stock at a decent basis if it tanks.

Sold WYNN NOV 6 2020 85.0/80.0 Bull Put Spread @ 3.40

SPX 1-dte

#SPX1dte Sold to Open $SPX Nov 6th 3400/3420-3600/3620 iron condors for 1.25, SPX at 3518, IV 23.28%, deltas -.07,+.05.

Slightly bullish from a delta perspective, I’m throwing caution to the wind with employment announcement and ongoing election counts.

NVDA

#ShortPuts – Another one that seems to be up against resistance. Had to roll both of these last week so happy to take ’em off here. Looking out to earnings on the 18th with a clean slate.

Bought to Close NVDA NOV 13 2020 512.5 Put @ 1.38 (sold for 3.90)
Bought to Close NVDA NOV 13 2020 500.0 Put @ .77 (sold for 3.90)

SNOW

#ShortPuts – Selling near the all time low and outside the expected move…and two weeks before earnings.

Sold SNOW NOV 20 2020 230.0 Put @ 2.80

BABA

#ShortPuts – Selling down near the 200ma and outside the expected move. Stock down slightly on earnings…

Sold BABA DEC 11 2020 250.0 Put @ 3.35

NFLX

#ShortPuts – Sold Friday on the big down day. Taking it a couple weeks early…

Bought to Close NFLX NOV 20 2020 425.0 Put @ 1.30 (sold for 6.61)

LABU SPY

#ShortPuts – I’ll take ’em early here after the big run…

Bought to Close LABU NOV 13 2020 40.0 Put @ .10 (sold for 1.43)

Bought to Close SPY DEC 04 2020 280.0 Put @ .51 (sold for 3.17)
Bought to Close SPY DEC 11 2020 275.0 Put @ .63 (sold for 3.20)
Bought to Close SPY DEC 18 2020 270.0 Put @ .75 (sold for 3.45)

VIX futures

Looks much different than the last few months

vix

SPX 7dte

#SPX7dteLong Bought to Open $SPX Nov 11th 3490/3510-3520/3540 iron condors for 17.70, with SPX at 3515.

TSM BWB

Closing out a Nov 20 95 / 90 / 80 Put Broken Wing Butterfly for a credit of $1.05. BTO on Oct 08 for a credit of $1.09. (total credit for the trade $2.14).

TRADES: Sold, now flat following…

TRADES: Sold, now flat following stocks, options because of earnings, tonight, tomorrow A.M., & Monday A.M. All trades were profitable EXCEPT VIAC.
HWM STC STOCK @18.90
HWM BTC 18.0, 19.0,20.0 Short Puts
CZR STC STOCK @55.04
VIAC BTC 11/6/20 31.0 CALLS @.95
VIAC BTC 11/13/20 31.0 CALLS @1.22 Lost 232 dollars on VIAC TRADES

SPY

#ShortPuts – Could be running up to resistance so booking the higher risk election play…

Bought to Close SPY NOV 20 2020 322.5 Put @ 1.20 (sold for 6.12)

#onlyspreads

EWZ

#ShortPuts – Taking it on the quick run up…

Bought to Close EWZ NOV 20 2020 25.5 Puts @ .12 (sold for .60)

SPX New diagonal

Taking a leaf out of Iceman’s playbook:


Bought to open 5 SPX Mar 19 2021 3700 Call / Sold to open 5 SPX Nov 20 2020 3525 Call @ 27.25 Debit.

The short 3525 Nov calls roll to the Mar 19 3700 calls for a $30 credit.

SPY

BTC on GTC order SPY 11/20 332/327…1/2 #PutBackRatio @1.00…..STO 10/9 @3.98…

PTON?

Jeff – Do you have bandwidth to do an earnings analysis for PTON? Should be announcing after the bell tonight.

BIIB

#ShortPuts – Selling at the 50ma and well outside the expected move…

Sold BIIB NOV 13 2020 275.0 Put @ 3.80

VIX collapse continues

Down another 8.5% pre-market