CELG

#LongCalls – Almost a scratch…replacing this week’s expiration.

Sold CELG JUN 29 2018 81.0/85.0 Bear Call Spreads @ .34

AMBA

#LongCalls #LEAPS – Replacing this week’s expiration. Selling 4×5 ratio…

Sold AMBA JUN 29 2018 44.0 Calls @ .67

FAS

#LongCalls #LEAPS – Same as TQQQ. LEAPS sale price got hit so booking it. I’ll wait and see if weekly 67’s expire (it’s close). I’ve got FAS in three different accounts. I will definitely reset this one to be able to sell weeklies thru bank earnings.

Sold to Close FAS JAN 17 2020 62.0 Calls

All said and done booking 2.53 on a 5 lot. Had zero basis reduction in this one. Fought the short calls the entire time. Perfect time to reset…

TQQQ

#LongCalls #LEAPS – This thing is right up near all time highs and my short calls are (finally) out of trouble. The LEAPS roll up strateegery functioned perfectly here unlocking the profit by getting the short calls out of the way. I’ll take the weekend to decide what to do next….might jump right back in!…LOL

Part of the reason to close this is I had a wild price set to sell the LEAPS (about 75 cents above the mid) and it got filled so closed the short calls that were right ATM.

Sold to Close TQQQ JAN 17 2020 60.0 Calls
Bought to Close TQQQ JUN 22 2018 61.5 Calls

All said and done booking 2.40 per contract on a 10 lot. That’s the second round trip in this thing. Yearly gains pushing 6.00 in the ticker. It’s a fun one!

DG

#ShortPuts – Leftovers from an earnings trade. I’m booking it with DG up near a double top. Still long with 2019 LEAPS in another position.

Bought to Close DG JUL 13 2018 94.0 Puts @ .45 (sold for 1.95)

TSLA

#LongLEAPStraddles – On the little bounce got the puts rolled and the new call sold. Unfortunately was very aggressive on the put sales but they are pretty easy to roll while storing some nice premium.

Rolled TSLA JUN 22 2018 367.5 Put to JUL 6 2018 360.0 Put @ .85 debit (total premium now 14.55)
Rolled TSLA JUN 22 2018 350.0 Put to JUN 29 2018 345.0 Put @ 1.90 credit (total premium now 10.45)

Selling against wide bear put spreads in 2020. To give it some more downside breathing room I’m closing one of the shorts in 2020 at a small profit. Will do the same on the call side if we pull back a little further.

Bought to Close TSLA JAN 17 2020 200.0 Put @ 29.60 (sold for 31.52) This becomes part of the basis now…

And finally:

Sold TSLA JUN 29 2018 360.0 Call @ 3.15

#pureprofit

TSLA

#LongLEAPStraddles – I’ll be rolling some puts and re-selling this call later today…

Bought to Close TSLA JUN 22 2018 370.0 Call @ .05 (sold for 3.00)