LAZR

#ShortPuts – Back in.

Sold LAZR JUL 9 2021 21.5 Puts @ 1.00
Sold LAZR JUL 9 2021 22.0 Puts @ 1.10

SOXL

#ShortPuts – Adding.

Sold SOXL JUL 16 2021 36.0 Put @ 2.25

TQQQ

#BullPutSpreads – Adding.

Sold TQQQ JUL 2 2021 115.0/110.0 Bull Put Spread @ 3.10

LABU

#ShortPuts – Adding.

Sold LABU JUL 16 2021 58.0 Put @ 2.95

NMDBF

#LotteryTickets – Another Whiz lottery ticket.

LAZR

ShortPuts – Taking a few off about 10 days early.

Bought to Close LAZR JUN 25 2021 21.0 Puts @ .20 (sold for 1.00)
Bought to Close LAZR JUN 25 2021 21.5 Puts @ .25 (sold for 1.20)

TQQQ

#ShortPuts – Starter position down closer to the 200 day.

Sold TQQQ JUL 16 2021 90.0 Put @ 2.00

TNA

#ShortPuts – Adding.

Sold TNA JUL 16 2021 80.0 Put @ 1.70

TDOC

#ShortPuts – First time in this one in awhile. Selling the week before earnings, at the expected move, and near recent lows.

Sold TDOC JUL 23 2021 135.0 Put @ 2.45

VRTX

#BullPutSpreads – Thanks @Iceman for pointing this one out. Playing for a bounce with a very directional bull put spread. Selling a couple weeks before earnings also. Currently 40 percent off all time high with recent bad news about a lung cancer drug. Still seems to be some nice price targets on it even after the downgrades. I’ll manage it same way I do all of my aggressive directional bull put spreads.

Sold VRTX JUL 9 2021 200.0/190.0 Bull Put Spread @ 7.00

LABU ROKU SPOT TWTR

#ShortPuts #CoveredCalls – A little early on a couple but nice to see some volatility coming back.

LABU: Adding.
Sold LABU JUL 16 2021 59.0 Put @ 2.80
Sold LABU JUL 16 2021 61.0 Put @ 2.20
Sold LABU JUL 16 2021 62.0 Put @ 2.50

ROKU: Rolling covered and a new position.
Rolled ROKU JUN 18 2021 320.0 Call to JUL 16 2021 320.0 Call @ 5.40 credit
Sold ROKU JUL 16 2021 310.0 Put @ 6.00

SPOT: Rolling covered.
Rolled SPOT JUN 18 2021 235.0 Call to JUL 2 2021 235.0 Call @ 2.35 credit

TWTR:
Bought to Close TWTR JUN 18 2021 55.5 Puts @ .05 (sold for 1.04)

TQQQ

#BullPutSpreads – Staying involved in case it breaks out to all time highs. If it implodes I’ll take stock at a basis only 2.10 higher than whatever it drops to.

Sold TQQQ JUL 2 2021 115.0/110.0 Bull Put Spreads @ 2.90

TQQQ

#ShortPuts – Approaching all time highs again and a nice looking triple top. Taking 65 percent 5 weeks early. I’ll be looking to add around the 200 day on next weakness. Start around 90 strike and work down from there.

Bought to Close TQQQ JUL 16 2021 80.0 Put @ .89 (sold for 2.27)
Bought to Close TQQQ JUL 16 2021 81.0 Put @ .96 (sold for 2.75)
Bought to Close TQQQ JUL 16 2021 82.0 Put @ 1.02 (sold for 2.95)

LABU

#ShortPuts – One little red bar today after a big run but you’ve gotta start somewhere. Come and get it Mr. Market.

Sold LABU JUL 16 2021 60.0 Put @ 2.55

COUP PINS ROKU SNOW SPOT

#ShortPuts #CoveredCalls – Closing and opening.

COUP: Post earnings quickie.
Bought to Close COUP JUL 16 2021 195.0 Put @ 1.75 (sold for 4.20)

PINS:Expiring. Already sold next batch.
62.0 Puts (sold for .90)

ROKU: Still holding a little stock covered. Booking the rest.
Bought to Close ROKU JUN 18 2021 315.0 Put @ .65 (sold for 5.10)
Bought to Close ROKU JUN 18 2021 320.0 Put @ 1.02 (sold for 6.50)

SNOW: Booking and reloading.
Bought to Close SNOW JUN 18 2021 220.0 Put @ .85 (sold for 3.30)
Bought to Close SNOW JUN 18 2021 225.0 Put @ 1.50 (sold for 4.90)
Sold SNOW JUL 16 2021 215.0 Put @ 4.40
Sold SNOW JUL 16 2021 220.0 Put @ 5.50

SPOT: Covered rolling another week. Old earnings trade with even as the goal.
Rolled SPOT JUN 11 2021 235.0 Call to JUN 18 2021 235.0 Call @ 1.50 credit

LABU

#ShortPuts – Completely out of this one now. Nice run and trading near high of the day so taking them a week early. Ready to reload next down day.

Bought to Close LABU JUN 18 2021 63.0 Put @ .54 (sold for 2.70)
Bought to Close LABU JUN 18 2021 64.0 Put @ .65 (sold for 2.45)
Bought to Close LABU JUN 18 2021 65.0 Put @ .75 (sold for 2.30)
Bought to Close LABU JUN 18 2021 66.0 Put @ .90 (sold for 2.70)

COUP earnings

#ShortPuts #Earnings – Getting a little bounce today so taking over half. Still holding the post earnings July 195 strike.

Bought to Close COUP JUN 11 2021 220.0 Put @ 1.50 (sold for 3.70)

PINS

#ShortPuts – Replacing some that look safe tomorrow.

Sold PINS JUL 9 2021 60.0 Puts @ .95

MNMD

#BullPutSpreads – Filled on the rest of the long 2.5s.

Final position:

Sold MNMD JUL 16 2021 5.0/2.5 Bull Put Spreads @ 1.63

TNA

#ShortPuts – Haven’t been in this one in a long time. Throwing a starter out there down near the 200 day and outside the expected move.

Sold TNA JUL 16 2021 75.0 Put @ 1.50

LAZR

#ShortPuts – Slowly buy surely.

Bought to Close LAZR JUN 11 2021 20.5 Put @ .05 (sold for 1.35)
Bought to Close LAZR JUN 11 2021 21.0 Put @ .05 (sold for 1.66)

Sold LAZR JUL 2 2021 21.5 Put @ 1.10
Sold LAZR JUL 2 2021 22.0 Put @ 1.30

MNMD

#ShortPuts – Whiz trade.

Sold MNMD JUL 16 2021 5.0 Puts @ 1.80

Then on my own in addition to his trade:

Bought MNMD JUL 16 2021 2.5 Puts @ .17 (only got a partial)

CHWY earnings question

@Hawk Is this something that could work? Set the trade prior to the event. I know we did BIIB after the announcement but can the same theory work prior? What’s my biggest risk in something like this? Earnings tonight.

Sell Jun 11th 80 put and Buy Jun 18th 80 put @ about .70 debit

LAZR

#ShortPuts – Partial…

Bought to Close LAZR JUN 11 2021 20.0 Put @ .05 (sold for 1.20)

LABU

#ShortPuts – Replacing some closed yesterday.

Sold LABU JUN 18 2021 63.0 Put @ 2.70

COUP post earnings

#ShortPuts – Sold COUP JUL 16 2021 195.0 Put @ 4.20

BIIB

#IronLizard – Closing it now at slightly less than the 20 points the call side would be worth on Friday. All risk off with a decent gain.

Bought to Close BIIB JUN 11 2021 270/300/320/340 Iron Lizard @ 19.20 (sold for 24.20)

BIIB

#ShortPuts – Why can’t they all work like this? 🙂

Bought to Close BIIB JUN 18 2021 225.0 Put @ .25 (sold for 9.30)

MNMD

#LongStock – Too early this morning but took a scalp on quite a few shares.

Sold MNMD Stock @ 3.30 (bought for 3.05)

COUP earnings

#ShortPuts – Really pushing my luck here but the chart looks like it could be bottoming and it’s at the low end of it’s recent range.

Sold COUP JUN 11 2021 220.0 Put @ 3.70

LABU

#ShortPuts – Taking some a couple weeks early on the bounce.

Bought to Close LABU JUN 18 2021 50.0 Put @ .30 (sold for 2.20)
Bought to Close LABU JUN 18 2021 50.0 Put @ .70 (sold for 2.70)

BIIB aducanumab decision

#ShortPuts – Got a defined risk in one account. Going a little riskier with the naked put sale in a different account. Going out a week and selling barely inside the expected move at multi year lows including where the stock bottomed the last time this drug was denied.

Sold BIIB JUN 18 2021 225.0 Put @ 9.30

SOXL

#ShortPuts – Adding.

Sold SOXL JUL 16 2021 34.0 Put @ 2.10
Sold SOXL JUL 16 2021 35.0 Put @ 2.45

SOXL

#ShortPuts – Taking more. Everything in this ticker is now in July.

Bought to Close SOXL JUN 18 2021 34.0 Put @ .59 (sold for 3.85)
Bought to Close SOXL JUN 18 2021 35.0 Put @ .75 (sold for 3.25)
Bought to Close SOXL JUN 18 2021 36.0 Put @ .97 (sold for 2.75)

LAZR SPOT

#ShortPuts #CoveredCalls – A couple trades this morning.

LAZR: New starter positions.
Sold LAZR JUN 25 2021 21.0 Puts @ 1.00
Sold LAZR JUN 25 2021 21.5 Puts @ 1.20

SPOT: An old earnings trade. Breakeven is the goal.
Bought to Close SPOT JUN 4 2021 237.5 Call @ .22 (sold for 4.20)
Sold SPOT JUN 11 2021 235.0 Call @ 5.02

LABU

#ShortPuts – Adding one.

Sold LABU JUN 18 2021 54.0 Put @ 2.70

SOXL TQQQ

#ShortPuts – Looking out to July now.

SOXL: First sale in this expiration.
Sold SOXL JUL 16 2021 33.0 Put @ 2.20

TQQQ: Adding a couple.
Sold TQQQ JUL 16 2021 81.0 Put @ 2.75
Sold TQQQ JUL 16 2021 82.0 Put @ 2.95

SOXL

#ShortPuts – More size reduction. Slightly better prices than yesterday.

Bought to Close SOXL JUN 18 2021 34.0 Put @ .70 (sold for 3.85)
Bought to Close SOXL JUN 18 2021 35.0 Put @ 1.00 (sold for 3.25)
Bought to Close SOXL JUN 18 2021 36.0 Put @ 1.30 (sold for 2.75)

TQQQ

#ShortPuts – Anchor position for hopefully a nice July ladder. Thanks @walter6871 !

Sold TQQQ JUL 16 2021 80.0 Put @ 2.27

BIIB aducanumab decision

#BullPutSpreads – IV much higher than a typical earnings announcement so taking a shot. Playing it to the upside with defined risk selling an ITM bull put spread. If it tanks then the lower the better for starting a covered call program.

Sold BIIB JUN 11 2021 300.0/270.0 Bull Put Spread @ 20.20

Trying to sell 3-4 call spreads above it somewhere to help with basis reduction on an implosion but to still preserve some decent profits to the upside. Sort of an unbalanced iron jade condor lizard 🙂 🙂

https://www.barrons.com/articles/fda-biogen-decision-biotech-stocks-51622553280

EDIT: Went wider on the call spread and sold at the expected move. Max profit window is 300-320 with no upside risk. Basis on an implosion will only be 5.80 above wherever the stock is trading at Friday expiration.

Sold BIIB JUN 11 2021 320.0/340.0 Bear Call Spread @ 4.00

BIIB REGN

#ShortPuts – Taking these off to make room for a roll of the dice on BIIB next week. Looks like the announcement could come anytime between now and the 7th.

Bought to Close BIIB JUN 4 2021 245.0 Put @ 1.35 (sold for 3.20)

Bought to Close REGN JUN 18 2021 475.0 Put @ 2.20 (sold for 4.20)

ZM earnings

#JadeLizards #Earnings – I may have closed this too soon but will take it.

Bought to Close ZM JUN 4 2021 295.0/320.0/325.0 Jade Lizard @ 4.00 (sold for 5.25)

SOXL

#ShortPuts – Reducing size slightly.

Bought to Close SOXL JUN 18 2021 34.0 Put @ .95 (sold for 3.85)
Bought to Close SOXL JUN 18 2021 35.0 Put @ 1.20 (sold for 3.25)
Bought to Close SOXL JUN 18 2021 36.0 Put @ 1.45 (sold for 2.75)

ZM earnings

#Earnings #JadeLizards – Not much going on so taking a shot at this. Selling put side near recent lows and slightly in the money on the call side playing for a down move. No upside risk.

Sold ZM JUN 4 2021 295.0/320.0/325.0 Jade Lizard @ 5.25

SNOW

#ShortPuts – Couldn’t resist. Replacing the second one closed earlier.

Sold SNOW JUN 18 2021 225.0 Put @ 4.90

LABU SNOW SOXL

#ShortPuts – Nice run on all these so taking profits.

LABU: Expires today but it can move so closing now. Still holding higher strikes.
Bought to Close LABU MAY 28 2021 62.0 Put @ .10 (sold for 1.85)

SNOW: Earnings. Looking to replace it now.
Bought to Close SNOW JUN 18 2021 205.0 Put @ 1.55 (sold for 4.10)

SOXL: Taking the bottom of the ladder early. Still holding higher strikes.
Bought to Close SOXL JUN 18 2021 32.0 Put @ .70 (sold for 2.25)
Bought to Close SOXL JUN 18 2021 33.0 Put @ .85 (sold for 2.70)

TQQQ

#ShortPuts – With almost 70 percent of max with 3 weeks to go gotta book it.

Bought to Close TQQQ JUN 18 2021 80.0 Put @ .68 (sold for 2.00)
Bought to Close TQQQ JUN 18 2021 82.5 Put @ .84 (sold for 2.36)

NVDA earnings

#ShortPuts #Earnings – Gotta take the quickie on the big move.

Bought to Close NVDA JUN 18 2021 555.0 Put @ 1.50 (sold for 4.70)

TWTR

#CoveredCalls #ShortPuts – Rolling and adding.

Rolled TWTR MAY 28 2021 54.0 Calls to TWTR JUN 18 2021 54.5 Calls @ .28 credit

Sold TWTR JUN 18 2021 55.5 Puts @ 1.04

ROKU

#CoveredStrangles – I was going to let the stock get called away but I think I’ll hold it for a few more weeks. Rolling covered call out and up pairing it up with a short put leaving a covered strangle. Adds another 3.95 of upside on the stock.

Rolled ROKU MAY 28 2021 317.5 Call to JUN 18 2021 320.0 Call @ 1.45 credit

SNOW

#ShortPuts – Missed the early dip. Selling the expected move and below the 50 day.

Sold SNOW JUN 18 2021 220.0 Put @ 3.30

NVDA earnings

#Earnings #JadeLizards – Big run today so taking the winner in case it continues up.

Bought to Close NVDA JUN 18 2021 575.0/640.0/650.0 Jade Lizard @ 7.38 (sold for 10.25)

SNOW earnings and post earnings

#ShortPuts – Taking the two day trade and adding a new one.

Bought to Close SNOW MAY 28 2021 215.0 Put @ 1.25 (sold for 4.10)

Sold SNOW JUN 18 2021 205.0 Put @ 4.10

ROKU

#CoveredCalls #ShortPuts – One annoying position and one new position.

Assigned stock at 450.0 and basis since reduced to 345.50 Leting stock get called away at 317.50 so a manageable loss to recover now. Starting a put selling replacement program on it.

Sold ROKU JUN 18 2021 320.0 Put @ 6.50

And a new position in a different account:

Sold ROKU JUN 18 2021 315.0 Put @ 5.10

BIIB

#ShortPuts – Based on IV over the next few weeks BIIB must have some sort of a drug announcement coming. It’s still too early for earnings to drive that type of expected move. I’m treating it like an earnings type of event and selling the week before. Selling down at 6 month lows and at the expected move.

Sold BIIB JUN 4 2021 245.0 Put @ 3.20

biib

NVDA earnings

#ShortPuts – A little more aggressive in a different account than yesterday. Going with the Lizard with no upside risk. A down move but less than expected would be perfect.

Sold NVDA JUN 18 2021 575.0/640.0/650.0 Jade Lizard @ 10.25

LABU

#ShortPuts – Adding one to average down a little.

Sold LABU JUN 18 2021 50.0 Put @ 2.20

NVDA earnings (sort of)

#NVDA #Earnings – Going out a few weeks and selling closer to the 200 day and near recent lows. Also outside the expected move.

Sold NVDA JUN 18 2021 555.0 Put @ 4.70

SNOW earnings

#ShortPuts #Earnings – Earnings not until tomorrow but selling while it’s down a little.

Sold SNOW MAY 28 2021 215.0 Put @ 4.10

TSLA

#ShortCalls – Closed a short put earlier for a nice gain so no need to hold the risk on this.

Bought to Close TSLA JUN 4 2021 675.0 Call @ 2.36 (sold for 2.15)

Still holding a Jun 475 short put.

REGN

#ShortPuts – Selling at the expected move and near recent lows. Also, above the 20, 50, and 100 day moving averages.

Sold REGN JUN 18 2021 475.0 Put @ 4.20

TSLA

#ShortPuts – Nice run today so I’ll take almost half.

Bought to Close TSLA MAY 28 2021 560.0 Put @ 3.50 (sold for 6.75)

Options Expiration

#OptionsExpiration – Turned into a pretty good week…

BIIB 245 Put (sold for 3.50)
SPOT 240 Call (sold for 5.00)
TSLA 575 Put (sold for 6.10)
TSLA 650 Call (sold for 8.25)

TQQQ

#ShortPuts – Starter for a new ladder in June.

Sold TQQQ JUN 18 2021 82.5 Put@ 2.36
Sold TQQQ JUN 18 2021 80.0 Put @ 2.00

TSLA

#ShortPuts #ShortCalls – Replacing this week’s.

Sold TSLA MAY 28 2021 560.0 Put @ 6.75 (in an IRA)
Sold TSLA JUN 4 2021 675.0 Call @ 2.15 (selling against Jun 21st 475 strike put)

TWTR

#CoveredCalls – Barely ITM so rolling another week for nice credit.

Rolled TWTR MAY 21 2021 54.0 Calls to MAY 28 2021 54.0 Calls @ .90 credit (1.95 total now)

SPOT

#CoveredCalls – Replacing this week’s.

Sold SPOT JUN 4 2021 237.5 Call @ 4.20

SOXL

#ShortPuts – Book,roll and add.

Bought to Close SOXL MAY 21 2021 34.0 Puts @ .20 (sold for 1.75 and 5.00)
Bought to Close SOXL MAY 21 2021 35.0 Puts @ .91 (sold for 1.74 and 4.00)

Rolled SOXL MAY 21 2021 36.0 Puts to JUN 18 2021 34.0 Puts @ 1.35 credit (3.90 total now)

Adding starters lower leaving room to aggressively add.

Sold SOXL JUN 18 2021 33.0 Put @ 2.70
Sold SOXL JUN 18 2021 32.0 Put @ 2.25

NVDA 4 for 1 split

#StockSplits – Seems like a long way out for the announcement but I’ll take it. Should be much more tradeable now. Earnings next week.

https://www.reuters.com/article/nvidia-stock-split/nvidia-sets-4-for-1-stock-split-from-july-idUSL3N2N837I

LAZR PINS ROKU

#CoveredCalls – A few adjustments.

LAZR: Small profits and new positions. Replacing stock getting called away.
Bought to Close LAZR MAY 21 2021 22.5 Puts @ 1.15 (sold for 1.70)

Sold LAZR JUN 11 2021 20.0 Puts @ 1.20
Sold LAZR JUN 11 2021 20.5 Puts @ 1.35
Sold LAZR JUN 11 2021 21.0 Puts @ 1.66

PINS: Nice premium collection.
Rolled PINS MAY 21 2021 60.0 Calls to JUN 4 2021 60.0 Calls @ 1.50 credit (4.05 total now)

ROKU: Out and up a week.
Rolled ROKU MAY 21 2021 315.0 Call to MAY 28 2021 317.5 Call @ .34 credit (7.34 total now)

SOXL

#ShortPuts – Rolling my highest strikes on the nice bounce.

Rolled SOXL MAY 21 2021 38.0 Puts to JUN 18 2021 36.0 Puts @ .45 and .40 credit
Rolled SOXL MAY 21 2021 37.0 Puts to JUN 18 2021 35.0 Puts @ .80 credit

Still holding 36, 35, and 34 strikes for tomorrow.

TQQQ

#ShortPuts – Taking small profits on the nice bounce.

Bought to Close TQQQ MAY 21 2021 94.0 Put @ .85 (sold for 2.30)
Bought to Close TQQQ MAY 21 2021 95.0 Put @ 1.15 (sold for 2.35)

LABU

#ShortPuts – Roll out a week and down quite a bit.

Rolled LABU MAY 21 2021 65.0 Put to MAY 28 2021 62.0 Put @ .10 credit

NVDA SNOW pre earnings

#ShortPuts – Taking these on the nice bounce. Earnings for both next week.

Bought to Close NVDA MAY 21 2021 550.0 Put @ .37 (sold for 4.30)

Bought to Close SNOW MAY 21 2021 217.5 Puts @ .40 (sold for 2.70 and 3.50)

UVXY reverse split

#StockSplits – Just saw this. 1:10 on May 26th.

uvxy