#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)
Author Archives: fuzzballl
EWZ
#ShortPuts – Taking it on the quick run up…
Bought to Close EWZ NOV 20 2020 25.5 Puts @ .12 (sold for .60)
BIIB
#ShortPuts – Selling at the 50ma and well outside the expected move…
Sold BIIB NOV 13 2020 275.0 Put @ 3.80
BIIB
#ShortPuts – Try a quick scalp outside the expected move. Could be down 100 tomorrow! LOL
Sold BIIB NOV 06 2020 290.0 Put @ 2.50
NVDA
#ShortStrangles – Learned my lesson on BIIB. Playing my other short strangle cautiously since this thing looks to be getting some momentum here.
Was short the 512.5/535 @ 16.10
Bought back short call @ 12.20 and letting the put for next week ride with 3.90 of premium still available. Earnings on the 18th.
BIIB
#ShortStrangles – Wild move with the announcment of the new drug. Have to admit I didn’t know that was in the pipeline. Was short 220 puts against a 315 call (2 puts x 1 call). Closing the short call for safety and letting the short puts ride. Will look for new put sales to make up the difference.
Bought to Close BIIB NOV 6 2020 315.0 Call @ 24.25 (12.30 premium received so loss of 11.95)
AAPL
#ShortPuts – I’ll take the quickie. Only playing for the oversold bounce on earnings…
Bought to Close AAPL NOV 20 2020 110.0 Put @ 1.90 (sold for 5.45)
OSTK
#ShortCalls – Selling against short puts…
Sold OSTK NOV 20 2020 75.0 Calls @ 1.40
TQQQ
#ShortPuts – Completely out of it again…
Bought to Close TQQQ NOV 6 2020 105.0 Put @ .19 (sold for 2.35)
Bought to Close TQQQ NOV 13 2020 90.0 Put @ .34 (sold for 2.50)
Bought to Close TQQQ NOV 20 2020 80.0 Put @ .45 (sold for 2.10)
EWZ
#ShortPuts – Sold EWZ NOV 20 2020 25.5 Puts @ .60
SPY
#ShortPuts – My one higher risk election play for fun. Going out a little but selling aggressively inside the expected move.
Sold SPY NOV 20 2020 322.5 Put @ 6.10
LABU
#ShortPuts – Adding one…
Sold LABU DEC 04 2020 35.0 Put @ 1.65
BIIB
#ShortStrangles – @OptionIceman pointed this out the other day. Great premium in it…
Sold BIIB NOV 6 2020 220.0/315.0 Strangle @ 7.21
TSLA
#ShortPuts – Nice reversal from Friday. I’ll take it early and look for something new on a pullback…
Bought to Close TSLA NOV 06 2020 350.0 Put @ 2.55 (sold for 5.94)
AAPL FSLR NFLX NVDA OLED OSTK SPY TQQQ TSLA
#ShortPuts #CoveredCalls #Earnings – Out all morning but finally caught up. Some winners booked and some rolls done along with a couple new sales.
AAPL: Selling slightly ITM playing for the iPhone 12/5G/Black Friday/Holiday Bounce.
Sold AAPL NOV 20 2020 110.0 Put @ 5.45
FSLR: Covered Calls.
Sold FSLR NOV 6 2020 86.0 Calls @ 3.45
NFLX: New sale…can’t resist. Going out a little to sell even lower. At the expected move and well below the 200ma.
Sold NFLX NOV 20 2020 425.0 Put @ 6.61
NVDA: Rolled and sold against.
Rolled NVDA OCT 30 2020 525.0 Put to NVDA NOV 13 2020 512.5 Put @ .37 credit (12.75 total now)
Rolled NVDA OCT 30 2020 517.5 Put to NVDA NOV 13 2020 500.0 Put @ .30 credit (3.65 total now)
Sold NVDA NOV 6 2020 535.0 Call @ 3.40
OLED: Earnings trade worked nicely 🙂 🙂
Bought to Close OLED OCT 30 2020 172.5/230.0 Strangles @ .10 (sold for 2.87)
OSTK: Rolled and sold against. Basis if assigned is down in the 59.70 area
Rolled OSTK OCT 30 2020 67.5 Put to NOV 13 2020 65.0 Put @ .20 debit
Rolled OSTK OCT 30 2020 65.0 Put to NOV 13 2020 62.0 Put @ even
Rolled OSTK OCT 30 2020 62.5 Put to NOV 13 2020 60.0 Put @ 1.40 credit
Sold OSTK NOV 6 2020 70.0 Call @ 1.05
SPY: Adding one outside the expected move.
Sold SPY DEC 11 2020 275.0 Put @ 3.20
TQQQ: Booking but not adding anywhere.
Bought to Close TQQQ OCT 30 2020 110.0 Put @ .12 (sold for 1.55)
Bought to Close TQQQ OCT 30 2020 115.0 Put @ 1.10 (sold for 2.00)
TSLA: New sale:
Sold TSLA NOV 06 2020 350.0 Put @ 5.94
OSTK
#ShortCalls – Gotta take the quick 15 minute profit. Hopefully a bounce to sell again later…
Bought to Close OSTK NOV 6 2020 100.0 Calls @ .60 (sold for 1.50)
OLED Earnings
#ShortStrangles #Earnings – Going wide…hopefully wide enough. Great premium to roll into next week if needed.
Sold OLED OCT 30 2020 172.5/230.0 Strangles @ 2.87
OSTK
#ShortCalls – Selling the pop against monthly 65 puts…
Sold OSTK NOV 6 2020 100.0 Calls @ 1.50
TDOC
#ShortPuts – Crazy fill well above mid price…
Sold TDOC NOV 6 2020 197.5 Put @ 2.20
TDOC Earnings
#ShortPuts #Earnings #OneNightStand – Taking the quickie and looking out to next week to add…
Bought to Close TDOC OCT 30 2020 212.5 Put @ 1.35 (sold for 3.10)
OSTK
#ShortCalls – Stopped out on the run up. Terrible market today and this thing barely budged. Earnings in the morning so staying out of the way just in case.
Bought to Close OSTK OCT 30 2020 87.5 Calls @ .90 (sold for 1.15)
TDOC Earnings
#ShortPuts #Earnings – Going back in..
Sold TDOC OCT 30 2020 212.5 Put @ 3.10
SPY
#ShortPuts – Starting a Friday ladder in the IRA. Hopefully the 11th will be available this week…
Sold SPY DEC 04 2020 280.0 Put @ 3.17
Sold SPY DEC 18 2020 270.0 Put @ 3.45
TSLA
#ShortPuts – One more in the books. Most of these I’m closing today would probably be OK through Friday but just playing it super safe going into next week.
Bought to Close TSLA OCT 30 2020 375.0 Put @ 1.17 (sold for 4.35)
TQQQ
#ShortPuts – Laddering expirations and strikes. Still a very small position overall.
Sold TQQQ NOV 13 2020 90.0 Put @ 2.50
Sold TQQQ NOV 20 2020 80.0 Put @ 2.10
DOCU
#ShortPuts – I’ll take it. Thanks @Ramie !
Bought to Close DOCU OCT 30 2020 202.5 Put @ .57 (sold for 2.45)
NFLX TSLA
#ShortStrangles – A little more risk reduction…
Bought to Close NFLX OCT 30 2020 460.0/560.0 Strangle @ 1.02 (sold for 3.30)
Bought to Close TSLA OCT 30 2020 395.0/495.0 Strangle @ 3.40 (sold for 5.65)
TQQQ
#ShortStrangles – Risk reduction…
Bought to Close TQQQ OCT 30 2020 120.0/170.0 Strangle 2×1 @ 4.29 (sold for 5.85)
FSLR Earnings
#ShortPuts #CoveredCalls – Up huge through the 90 calls on my short strangle. Bought stock pre-market and will manage as a covered call now. Should be bigly premium next few weeks.
Bought stock @ 93.50 (basis 92.0 and covered @ 90.0)
OSTK
#ShortCalls – Selling against Nov monthly short puts. Earnings Thursday before the open.
Sold OSTK OCT 30 2020 87.5 Calls @ 1.15
FSLR Earnings
#ShortStrangles #Earnings – Everything in all accounts decaying nicely (good) but I’m bored (bad) so here goes nothing just to do something.
Sold FSLR OCT 30 2020 75.0/90.0 Strangles @ 1.53
SPY
#ShortPuts – Back in this for the first time in awhile. Starter position looking to sell short term calls against it. Well outside the expected move and below the 200ma.
Sold SPY DEC 18 2020 290.0 Put @ 3.45
BIIB
#ShortPuts – Thanks @Option Iceman for the heads up last week. Selling down near the Covid low. Prior to that this would be a 7 year low…
Sold BIIB NOV 06 2020 220.0 Put @ 5.10
TQQQ
#ShortPuts- First election week position…
Sold TQQQ NOV 6 2020 105.0 Put @ 2.35
TDOC
#ShortPuts – Removing the last hour risk on the bounce. No new sales…earnings next week.
Bought to Close TDOC OCT 23 2020 212.5 Puts @ .10 (sold for 2.18 and 2.45)
NVDA
#ShortPuts #ShortStrangles – The gift that keeps on giving. Earnings still 3 weeks away.
Bought to Close NVDA OCT 23 2020 530.0 Put @ .10 (sold for 3.40)
Sold NVDA OCT 30 2020 517.5 Put @ 3.35
Strangle adjustment rolling call side down…
Rolled NVDA OCT 30 2020 600.0 Call to OCT 30 2020 570.0 Call @ 1.68 credit (525/570 @ 12.45 now)
DOCU
#ShortPuts – Thanks @Ramie. Going fairly aggressive here but plenty of good volatility for rolls. Breakeven at the 100ma and earnings first week of Dec….
Sold DOCU OCT 30 2020 202.5 Put @ 2.45
TQQQ
#ShortPuts – Adding one…two puts against one call now.
Sold TQQQ OCT 30 2020 120.0 Put @ 2.10
AAPL
#ShortPuts – I’ll take it here. Looking weak with earnings next week.
Bought to Close AAPL OCT 23 2020 115.0 Put @ .86 (sold for 1.30)
OLED
#JadeLizards – Booking on the bounce. Earnings next week…
Bought to Close OLED OCT 23 2020 187.5/197.5/200.0 Jade Lizard @ .64 (sold for 2.55)
TSLA Earnings
#ShortStrangles – Booking the earnings and adding a post earnings for next week.
Bought to Close TSLA OCT 23 2020 392.5/500.0 Strangle @ .80 (sold for 5.35)
Sold TSLA OCT 30 2020 395.0/495.0 Strangle @ 5.65)
LABU
#ShortPuts Adding small…
Sold LABU NOV 13 2020 40.0 Put @ 1.43
Sold LABU NOV 27 2020 35.0 Put @ 1.29
OSTK
#ShortStrangles – Moving the earnings date didn’t do me any favors. Rolling put side of the strangles out and down for a credit and concentrating on selling the call side against it now.
Rolled OSTK OCT 30 2020 70.0 Puts to NOV 20 2020 65.0 Puts @ .90 credit (4.20 total now)
Sold OSTK OCT 23 2020 73.0 Calls @ .60
NVDA
#ShortStrangles – Been selling calls against next week’s short put. This week looks safe so selling next week early. Rolling put up for additional premium as well. Earnings still a few weeks away.
Sold NVDA OCT 30 2020 600.0 Call @ 1.55
Rolled NVDA OCT 30 2020 510.0 Put to OCT 30 2020 525.0 Put @ 2.47 credit
Overall position is now Oct 30th 525/600 @ 10.75
TSLA Earnings
#ShortPuts #ShortStrangles – No idea about this one but it feels risky. 🙂 🙂
Sold TSLA OCT 23 2020 392.5/500.0 Strangle @ 5.35
Going out an extra week on this one…
Sold TSLA OCT 30 2020 375.0 Put @ 4.35
NFLX Earnings
#ShortPuts #ShortStrangles #OneNightStand – Booking earnings trades and adding a small post earnings position…
Bought to Close NFLX OCT 23 2020 475.0 Put @ .60 (sold for 4.05)
Bought to Close NFLX OCT 23 2020 480.0/600.0 Strangle @ 1.40 (sold for 6.32)
Sold NFLX OCT 30 2020 460.0/560.0 Strangle @ 3.30
NFLX Earnings
#ShortStrangles – In a different account….fairly aggressive.
Sold NFLX OCT 23 2020 480.0/600.0 Strangle @ 6.32
LABU
#ShortPuts – Starter position. First trade beyond the election..
Sold LABU NOV 20 2020 40.0 Put @ 1.55
OSTK
#ShortPuts – Reducing size slightly…
Bought to Close OSTK OCT 23 2020 70.0 Put @ 1.20 (sold for 2.20)
Bought to Close OSTK OCT 23 2020 67.5 Put @ .65 (sold for 1.60)
NFLX Earnings
#ShortPuts – You can do better now. Selling below all the major moving averages and at recent lows and just outside the expected move.
Sold NFLX OCT 23 2020 475.0 Put @ 4.05
OSTK
#ShortPuts #ShortStrangles – Pulled a “WYNN” on me. Moved their earnings up a week so outstanding positions for next week jumped in value. You never know until it’s actually confirmed. Earnings last two years were in first or second week of Nov. Not this time…I’m guessing they wanted to avoid possible election fallout.
TQQQ
#ShortStrangles – Sold TQQQ OCT 30 2020 120.0/170.0 Strangle @ 3.75
NVDA
#ShortCalls – Selling against an Oct 30th 510 short put…
Sold NVDA OCT 23 2020 590.0 Call @ 1.82 (6.77 total in the strangle now)
TDOC
#ShortPuts – Adding. Week before earnings..
Sold TDOC OCT 23 2020 212.5 Put @ 2.45
ISRG Earnings
#IronButterfly #Earnings – Didn’t post this yesterday since it seemed like such a ridiculous trade…LOL Got lucky for once. Taking the gain now. Risk was 30 to make 470.
Bought to Close ISRG OCT 16 2020 745/750/750/755 Iron Butterfly @ 3.05 (sold for 4.70)
TSLA
#ShorPuts – Stopped out on the drop. Was keeping it on a tight leash since it was a one day scalp. Didn’t want any positions in it leading into earnings. Looking at selling again next week.
Bought to Close TSLA OCT 16 2020 437.0 Put @ .75 (sold for 2.00)
EWZ
#ShortPuts – Taking well over half a couple weeks early…
Bought to Close EWZ OCT 30 2020 27.0 Puts @ .22 (sold for .62)
TSLA
#ShortPuts – Filled on an earlier bounce…
Bought to Close TSLA OCT 16 2020 425.0 Put @ .55 (sold for 8.20)
TQQQ
#ShortPuts – Adding at lower strikes…
Sold TQQQ OCT 30 2020 110.0 Put @ 1.55
TSLA
#ShortPuts – Sold TSLA OCT 16 2020 437.0 Put @ 2.00
NVDA
#ShortPuts – Give Mr. Market another chance here…
Sold NVDA OCT 23 2020 530.0 Put @ 3.40
NVDA
#ShortPuts – Looking for a new entry now…
Bought to Close NVDA OCT 16 2020 525.0 Put @ .31 (sold for 6.65)
NFLX
#ShortPuts – Clearing out another one…
Bought to Close NFLX OCT 16 2020 490.0 Put @ .12 (sold for 2.35)
NVDA
#ShortPuts – Stock down so rolling up to the 50ma for additional credit. Still outside the expected move and before earnings…
Rolled NVDA OCT 30 2020 485.0 Put to OCT 30 2020 510.0 Put @ 1.65 credit (4.95 total now)
TDOC
#ShortPuts – Jumping back in selling the 50ma for next week and prior to earnings…
Sold TDOC OCT 23 2020 212.5 Put @ 2.18
NFLX OSTK
#ShortPuts #ShortStrangles – A couple this morning…
Bought to Close NFLX OCT 16 2020 480.0 Put @ .10 (sold for 3.20)
Sold OSTK OCT 30 2020 70.0/115.0 Strangles @ 3.30
AAPL
#ShortPuts – Trying for a quickie the week before earnings and below the 50ma…
Sold AAPL OCT 23 2020 115.0 Put @ 1.30
TDOC
#ShortPuts – Nice bounce today…
Bought to Close TDOC OCT 23 2020 187.5 Put @ .20 (sold for 2.50)
TQQQ
#ShortPuts – Starter position down below the 20, 50, and 100 day.
Sold TQQQ OCT 30 2020 115.0 Put @ 2.00
OLED
#JadeLizards – Just for something to do. Selling the week before earnings and playing for a pullback over the next week. No upside risk…
Sold OLED OCT 23 2020 187.5/197.5/200.0 Jade Lizard @ 2.55
TSLA
#ShortStrangles – Not fighting the upside on these. Stopped out of call side at nearly even and rolling up the put side to the expected move. See if we can talk this thing down a little going into earnings next week.
Bought to Close TSLA OCT 16 2020 480.0 Call @ 2.86 ( sold for 2.73)
Rolled TSLA OCT 16 2020 400.0 Put to OCT 16 2020 425.0 Put @ 2.45 credit (8.20 total now)
OSTK
#ShortPuts – Selling the high election IV and a couple weeks prior to earnings…
Sold OSTK OCT 30 2020 67.5 Put @ 2.80
Sold OSTK OCT 30 2020 65.0 Put @ 2.20
Sold OSTK OCT 30 2020 62.5 Put @ 1.70
TSLA
#ShortStrangles – Rolling up put side for additional credit…
Rolled TSLA OCT 16 2020 375.0 Put to OCT 16 2020 400.0 Put @ 2.00 credit
Now sitting at 400/480 @ 8.60
NVDA
#ShortPuts – Hard to find anything down today. Throwing this out there prior to the election and below the 50ma and well outside the expected move…
Sold NVDA OCT 30 2020 485.0 Put @ 3.30
UVXY
#CoveredCalls – With earnings coming I think the buying power can be put to use in better ways. Taking the small loss on the covered stock. Sold stock pre-market at 17.75 (basis 18.90) and looking to close the short 18 calls for a penny or two.
Options Bistro 