BABA BIDU CELG MU

#SyntheticStock – Rolling weeklies…

BABA: Feb 16th 182.5 to Mar 9th 187.5 @ .66 credit
BIDU: Feb 16th 242.5 to Mar 2nd 247.5 @ 1.40 credit
CELG: Feb 16th 95.0 to Feb 23rd 96.0 @ .05 credit
MU: Feb 23rd 41.5 to Mar 29th 44.0 @ .23 debit

AAPL

#ShortPuts #Earnings – Three weeks to go and a nice rally. Consdering where these were last week I’m booking. Leftovers from an earnings trade…

Bought to Close AAPL MAR 9 2018 165.0 Put @ .89 (sold for 3.50)
Bought to Close AAPL MAR 9 2018 167.5 Put @ 1.27 (sold for 4.10)

PYPL

#SyntheticStock – Carefully easing the weekly up. I can’t see this thing getting back to it’s all time highs so keeping some downside protection but picking up 1.46 of upside

Rolled PYPL FEB 16 2018 75.5 Calls to MAR 9 2018 77.0 Calls @ .04 debit

SLB

#SyntheticStock – Been looking to get a new one over in the oil patch. Synthetics are pretty diversified so far and this will help even more. I also looked at EOG and HES. Any of them would probably work. Should act as a hedge for my transport (LUV). It’s sitting down in congestion right now but looks to have some upside room.

Jan 2019 67.5/67.5/65 @ 5.35

Max loss: 7.85

48 weeks so need 17 cents average to cover.

#pietrade

TSLA

#ShortStrangles – Currently short June 170/510 and 180/500 strangles. These are decaying nicely so squeezing one more in. Plan is to close before next earnings unless they are looking REALLY safe.

Sold TSLA JUN 15 2018 190.0/470.0 Strangle @ 3.49

Was also looking at Sep 155/520 (highest and lowest strikes)

SHOP

#Earnings – Thanks @Jeff !!

Bought to Close SHOP FEB 16 2018 115.0/150.0 Strangles @ .10 (sold for 1.68)

TSLA

#Earnings – Still messing around with the remnants of the earnings strangle.

Current position was 310/320 strangle @ 8.05

Stock is bouncing so closing the put and rolling the call to a new strangle…

Bought to Close TSLA FEB 16 2018 310.0 Put @ .19

Rolled TSLA FEB 16 2018 320.0 Call to MAR 9 2018 315/355 Strangle @ .41 credit.

Tiny credit overall so now MAR 9th 315/355 @ 8.25