VRX

#SyntheticStock

Closed down my VRX trade, that booger took off like DIS did!  BTC VRX Dec29’17 16.5 calls for 5.15 sold these last week for 1.31. Sold my VRX Jan17’20 synthetic stock (+15call -15put +12put) for 8.90, I bought it on 11/07 for 2.72. Net gain of 1.53 on 10 contracts. Thanks Fuzzy!

Replaced with a #Fuzzy that Sue came up with, looks interesting.  BTO TWTR Mar’18 +22call -22put +18put for 0.71, STO TWTR Dec15’17 22.5 calls for 0.17. Thanks Sue!

EWZ

#SyntheticStock

Sold EWZ Dec15’17 40.5 calls at 0.29. Wish I’d sold them on Wednesday but my crystal ball was broke.

#SyntheticStock BTC EWZ Dec08’17 41…

#SyntheticStock

BTC EWZ Dec08’17 41 calls for 0.07, Sold last week for 0.32, waiting to sell for next week.

Rolled DIS Dec08’17 103 call to Jan05’18 104 call for 0.35 credit.  Still short a Dec29’17 101 call.

Getting some stuff done early, the boss will be peering over my shoulder next 2 days.

#ira

Stole a ticker from Iceman, stole the idea from Fuzzball

#SyntheticStock

Bought $MYL Jan’20 40 call, sold $MYL Jan’20 40 put, bought $MYL Jan’20 35 put @$4.72 debit.

Sold Dec15’17 39 call @$0.35

 

Pattern Day Trader?

Gotta Question for someone. Yesterday I was selling some synthetic stock that I’ve had for several months (buy a call, sell a put, buy a lower put).  I was trying to sell two contracts but fat fingered it and sold three, so I had to buy one back. This was in a small account that I have. When I try to sell some calls for next week, I got the pattern day trader warning and they would not let me trade.  Is it common practice to count a combo like that as three trades? This was with IB.

$WDC

#longcalldiagonals

I’ve been doing one of Fuzzball’s “whiz” trades on $WDC… several weeks ago bought the Jan’19 67.5 call + sold the Jan’19 67.5 put + bought the Jan’19 62.5 put, the combo cost 22.50 at the time. Today I sold the WDC Sep22 90 call for 1.00. I am also short the 90 call for this week, sold last week for 0.91. I’m only trading 2 contracts (one per week), trying to get the hang  of it all. So far it has been really easy to roll, the weekly premium seems decent. The stock has however seen some volatility recently as WDC is attempting to buy Toahiba’s chip unit. Just putting this out there as an idea, working well for me so far… y’all let me know what you think!

#long, #synthetic

#LongCallDiagonals – Rolled front month…

#LongCallDiagonals – Rolled front month EWZ Jul 14 35 call to EWZ Aug 11 35.5 call for $0.01 debit. New call is still ITM but gained $0.50 in proceeds per contract if I am assigned. Didn’t know what else to do other than close the position. Maybe it will pull back some day.