#BullPutSpreads – Just messing around with this one…
Bought to Close PLUG SEP 18 2020 12.0/10.0 Bull Put Spreads @ .70 (sold for 1.30)
Author Archives: fuzzballl
MRNA
#ShortPuts – Looking a little weak so booking these now.
Bought to Close MRNA AUG 21 2020 60.0 Puts @ .20 (sold for .96)
TQQQ
#ShortPuts – Taking it a little early…
Bought to Close TQQQ AUG 28 2020 100.0 Put @ .45 (sold for 2.90)
LABU MSFT NVDA
#ShortPuts – Book ’em. NVDA was supposed to be for earnings but have to take the winner with a two day move like this.
Bought to Close LABU AUG 21 2020 45.0 Puts @ .08 (sold for 1.80)
Bought to Close MSFT AUG 21 2020 195.0 Put @ .10 (sold for 2.60)
Bought to Close NVDA SEP 18 2020 380.0 Put @ 1.70 (sold for 4.10)
AMZN
#IronCondors – TOS was pretty much useless all day yesterday but did get one fill. With the stock price sitting perfectly centered I went ahead and sold the long sides to keep some extra premium. Still holding short sides.
Sold AMZN AUG 21 2020 2650.0 Put @ .47
Sold AMZN AUG 21 2020 3750.0 Call @ .45
BIDU NTAP NVDA
#ShortPuts #JadeLizards #OptionsExpiration – Out all day but got a few fills…
BIDU: Wish I could’ve watched it closer…would have been a full winner but I’ll take it.
Bought to Close BIDU AUG 14 2020 116.0/120.0/122.0 Jade Lizards @ 1.26 (sold for 2.05)
NVDA: Replacing an expiring position. Earnings next week.
Sold NVDA SEP 18 2020 380.0 Put @ 4.10
Expired: NVDA 420.0 Put (sold for 2.90)
NTAP: Still chugging along. Earnings still two weeks out. Rolling covered calls.
Rolled NTAP AUG 14 2020 41.5 Calls to AUG 21 2020 42.0 Calls @ .35 credit
BIDU Earnings
#Earnings #JadeLizards – Playing it to the downside with breakeven at 1.5x the expected move. Small window here to get max profit. A move to the downside at the expected move would be perfect. As usual no upside risk.
Sold BIDU AUG 14 2020 116.0/120.0/122.0 Jade Lizards @ 2.05
WYNN
#ShortPuts – Just in case we wake up in the morning and Vegas and Macau are both closing again. I’m such a positive person! 🙂 🙂
Bought to Close WYNN AUG 14 2020 71.5 Put @ .02 (sold for 1.05)
SPCE
#CoveredCalls – Rolling…
Rolled SPCE AUG 14 2020 17.5 Calls to AUG 21 2020 18.0 Calls @ .11 credit
LABU again
#ShortPuts – Taking this one too…
Bought to Close LABU AUG 14 2020 50.0 Puts @ .15 (sold for 1.50)
LABU UVXY
#ShortPuts #CoveredCalls – Booking some and getting a jump start on covered call selling…
LABU: Probably safe but I’ll take ’em early.
Bought to Close LABU AUG 21 2020 40.0 Puts @ .20 (sold for 1.39)
UVXY: Letting stock get assigned at 21.45 basis since puts aren’t very rollable now. Covering aggressively in case volatility stays low. In an IRA so have to spread it for now.
Sold UVXY AUG 21 2020 19.0/39.0 Bear Call Spreads @ 2.07
TSLA
#ShortStrangles – It’s a long way from this new strike especially with the split boost behind it. Rolling up for more credit but still 2x outside the expected move…
Rolled TSLA SEP 18 2020 700.0 Put to SEP 18 2020 1000.0 Put @ 5.55 credit
Now 1000/2900 strangle @ 12.10
PLUG
#BullPutSpreads – Thanks @Jeff for pointing this one out. Might be a fun one to play with…pretty low risk selling ITM spreads. I’ll manage it similar to an earnings spread when I sell those ITM. If the stock tanks one covered call sale will get that back.
Sold PLUG SEP 18 2020 12.0/10.0 Bull Put Spreads @ 1.30
T
#ShortPuts – Bought to Close T AUG 21 2020 28.5 Puts @ .04 (sold for .52)
SPY
#ShortPuts – Taking a little risk off. Sold this on the bounce off the 20ma and now approaching 100 percent retrace from covid low. I’ll take it here…
Bought to Close SPY SEP 18 2020 285.0 Put @ 1.02 (sold for 3.55)
TDOC
#ShortPuts – Same as LVGO. Out another week and 10 points lower than original sale…
Sold TDOC SEP 04 2020 165.0 Put @ 4.30
LVGO
#ShortPuts – Adding a week further out and 10 points lower than first sale. Still highest IV rank on my main list. A lot of LABU getting ready to close so replacing with this. Doctors or drugs? Close enough for medical exposure. LOL
Sold LVGO SEP 4 2020 100.0 Put @ 2.05
NFLX
#ShortStrangles – Sold NFLX SEP 4 2020 425.0/575.0 Strangle @ 4.75
Options Expiration
#OptionsExpiration – Let another one go the distance…
UVXY 26.0 Calls (sold for 1.45)
NFLX
#ShortStrangles – A little more risk reduction…
Bought to Close NFLX AUG 21 2020 425.0/575.0 Strangle @ 1.56 (sold for 10.70)
TQQQ
#ShortPuts – This ticker is nearly completely cash secured even in a PM account so unloading it too. Hoping for new entries next week.
Bought to Close TQQQ AUG 21 2020 90.0 Puts @ .70 (sold for 2.50)
TQQQ
#ShortPuts – Thinning the herd a little in case there’s more weakness next week…
Bought to Close TQQQ AUG 21 2020 90.0 Put @ .70 (sold for 3.30)
Bought to Close TQQQ SEP 18 2020 45.0 Puts @ .35 (sold for 1.35)
NVDA
#ShortPuts – Taking a small shot next week. Earnings the following week so should be able to get a nice roll if needed.
Sold NVDA AUG 14 2020 420.0 Put @ 2.90
STMP Earnings
#JadeLizards #Earnings – Wasn’t expecting that to fill but I’ll take it. Squeezed a buck out of the ‘ol lizard.
Bought to Close STMP AUG 7 2020 245.0/250.0 Bear Call Spread @ 4.90 (Lizard sold @ 5.90)
Letting put side expire….
TSLA
#ShortStrangles – Filled on the new one so closing the current one…
Bought to Close TSLA AUG 21 2020 800.0/3200.0 Strangle @ .75 (sold for 6.10)
TSLA
#ShortStrangles – Trying another one…
Sold TSLA SEP 18 2020 700.0/2900.0 Strangle @ 6.54
SPCE
#CoveredCalls – Stock should be assigned around a 19.75 basis so getting an early start on covered calls. Planning on closing the long side of the put spreads a little later and letting the shorts get assigned so lower the better rest of the day.
Sold SPCE AUG 14 2020 17.5 Calls @ 1.58
UVXY
#ShortPuts – Keeping my hedge on…
Rolled UVXY AUG 7 2020 24.0 Puts to AUG 14 2020 23.0 Puts @ .12 credit (1.35 total now)
WYNN
#CoveredCalls – Stock never got as weak as I was hoping so letting stock get called away slightly below my basis. Replacing with a short put for recovery.
WYNN Stock called away @ 65.0 (basis 68.95)
Sold WYNN AUG 14 2020 71.5 Put @ 1.05
UVXY
#CoveredCalls – I’ve got a few shares of stock I’ve been covering to keep my basis somewhat near the stock drop. Instead of selling more aggressive strikes I’ve been going out further and overlapping the sales. Once I can safely get a stop on a batch I sell the next ones. This week looks safe so…
Earlier this week:
Sold UVXY AUG 14 2020 25.0 Calls @ 1.50
And today:
Sold UVXY AUG 21 2020 25.0 Calls @ 1.42
EWZ TSLA
#ShortPuts – A few more…
Bought to Close EWZ AUG 14 2020 28.0 Puts @ .07 (sold for .71)
Bought to Close TSLA AUG 21 2020 600.0 Put @ .20 (sold for 2.27)
LABU TNA
#ShortPuts – Taking a few chips off the table…
Bought to Close LABU AUG 14 2020 40.0 Puts @ .15 (sold for 1.15)
Bought to Close TNA AUG 21 2020 20.0 Puts @ .06 (sold for .61)
STMP Earnings
#JadeLizards #Earnings – This thing has proven that it can go anywhere on earnings. I guess that’s why it’s got the highest IV Rank on my list today by a wide margin. It’s down on the day and I’m playing it further to the downside. Going with the Jade Lizard with the put side close to 1.5x the expected move….2x the expected move including today’s down move. No upside risk but will need the stock down 20 more for a shot at max profit.
Sold STMP AUG 7 2020 215.0/245.0/250.0 Jade Lizard @ 5.90
IV Rank (percentile) in Think or Swim
Not sure why I didn’t do this a long time ago. Very easy to add the column to watchlists and do custom scans for IV rank. It’s an old video but still works perfectly.
ROKU
#ShortPuts – Down a little after earnings…
Sold ROKU SEP 18 2020 125.0 Put @ 2.80
WDC Earnings
#ShortPuts – Adding to my original position…
Sold WDC AUG 21 2020 40.5 Puts @ 2.75
WDC Earnings
#ShortPuts #Earnings – A small shot out a couple weeks…
Sold WDC AUG 21 2020 40.5 Puts @ 1.01
ROKU Earnings
#ShortPuts #Earnings – Can’t believe I’m selling this strike but here goes. Right at the expected move but still above the 50ma. Sure looks extended to me…
Sold ROKU AUG 21 2020 140.0 Put @ 2.75
ATVI
#ShortPuts #Earnings #OneNightStand – Thanks for playing! I’ll call you in 3 months.
Bought to Close ATVI AUG 21 2020 76.0 Puts @ .30 (sold for .98)
LVGO
#ShortPuts – Adding the other side of the TDOC merger. Both stocks down and nobody’s happy so I’m happy!
Sold LVGO AUG 28 2020 110.0 Put @ 2.30
TDOC
#ShortPuts – Thanks @jsd501 for pointing this one out. Added to my watchlist now.
Sold TDOC AUG 28 2020 175.0 Put @ 3.30
MRNA
#ShortPuts – Just a small one. Down after earnings so selling just outside the expected move and well below the 50ma…
Sold MRNA AUG 21 2020 60.0 Puts @ .96
ATVI Earnings
#ShortPuts #Earnings – Just a straight put sale going out to the monthlies. Selling at the expected move and 50ma.
Sold ATVI AUG 21 2020 76.0 Puts @ .98
TQQQ
#ShortPuts – This is getting ridiculous. My most aggressive #TakeOneForTheTeam so far. 🙂 🙂
Sold TQQQ AUG 28 2020 100.0 Put @ 2.90
INTC NVDA
#ShortPuts – Swapping NVDA for INTC. Starter position out in Sep.
Sold INTC SEP 18 2020 45.0 Puts @ .94
Bought to Close NVDA AUG 07 2020 375.0 Put @ .06 (sold for 2.59)
EWZ LABU
#ShortPuts – A couple today…
Sold EWZ SEP 4 2020 28.5 Puts @ .64
Bought to Close LABU AUG 7 2020 40.0 Puts @ .05 (sold for 1.05)
UVXY
#ShortPuts #CoveredCalls – Bringing in some nice cash while continuing to stay aggressive every week…
Covered:
Bought to Close UVXY JUL 31 2020 25.5 Calls @ .17 (sold for 4.90)
Sold UVXY AUG 7 2020 26.0 Calls @ 1.45
In a different account:
Rolled UVXY JUL 31 2020 26.0 Puts to UVXY AUG 7 2020 24.0 Puts @ .24 credit (1.26 total now)
SPCE Earnings (early)
#BullPutSpreads – Stock is weak today so putting on my earnings trade now. Taking a shot at a rally but really covering my butt in case of an implosion. Same as all the other ITM spreads I sell. If it implodes I’ll close the long side right at the close Friday and let the shorts get assigned. Should have a basis around a dollar above where the stock ends no matter how far it drops.
Long story short…if it’s below my spread at expiration then the lower the better.
Sold SPCE AUG 7 2020 25.0/22.0 Bull Put Spreads @ 2.00
NTAP SLB WYNN
#CoveredCalls – Rolled some sold some. I won’t bore you with the details. Still plugging along. WYNN earnings next week.
AMZN
#IronCondor – Following @Ramie but I’m a weenie selling 2x the expected move… 🙂
Sold AMZN AUG 21 2020 2650.0/2700.00/3700/3750 Iron Condor @ 3.15
AAPL Earnings
#ShortPuts #Earnings #OneNightStand – Shut the door on your way out. See ya next time!
Bought to Close AAPL AUG 21 2020 350.0 Put @ .95 (sold for 3.75)
SLB
#CoveredCalls – After quite a few credit rolls finally out of this one. Still some work to do in it though…
Bought to Close SLB JUL 31 2020 19.5 Calls @ .01 (sold for 1.65)
TQQQ
#ShortPuts – Out on the road when this filled. Tried adding an AAPL strangle that didn’t fill. Playing the big boys pin action with an aggressive TQQQ.
Sold TQQQ AUG 21 2020 90.0 Puts @ 2.50
TQQQ
#ShortPuts – Never got a chance to add. Taking it off 3 weeks early…
Bought to Close TQQQ AUG 21 2020 50.0 Put @ .14 (sold for 1.72)
SPY
#ShortPuts – Easing back into this one…
Sold SPY Sep 18 2020 285.0 Put @ 3.55
LABU
#ShortPuts – I’ll take it now. You just never know…
Bought to Close LABU JUL 31 2020 47.5 Puts @ .10 (sold for 1.60)
LRCX Earnings
#JadeLizards #Earnings – Stock went up. (big surprise 🙂 ). Getting what I can from the call spread and letting the put side expire. Made .35!!
Bought to Close LRCX JUL 31 2020 350.0/355.0 side of the Jade Condor @ 4.75 (sold for 5.10)
AAPL Earnings
#ShortPuts #Earnings – Going out to the monthlies for a little more safety and premium. Selling the expected move but below the 50ma. I’ll still put it in the #TakeOneForTheTeam category. 🙂 🙂
Sold AAPL AUG 21 2020 350.0 Put @ 3.75
LRCX Earnings
#Earnings #JadeLizards – I’m calling this a Jade Lizard because it’s fun but adding a disaster put turning it into some sort of an unbalanced iron condor. Still no upside risk and playing for a down move of half to one and a half times the expected move.
Sold LRCX JUL 31 2020 300.0/335.0/350.0/355.0 Jade Condor @ 5.10
NVDA
#ShortPuts – Taking it off a week early…
Bought to Close NVDA AUG 07 2020 350.0 Put @ .16 (sold for 4.49)
LABU
#ShortPuts – Adding…
Sold LABU AUG 21 2020 40.0 Puts @ 1.39
AMD Earnings
#ShortPuts #OneNightStand – A quickie…
Bought to Close AMD AUG 21 2020 62.5 Puts @ .40 (sold for 1.82)
FB Earnings
https://www.thestreet.com/investing/facebook-fb-stock-earnings-report-delay-mark-zuckerberg
AMD Earnings
#ShortPuts #Earnings #TakeOneForTheTeam
This might stir stir things up a little bit. Going to the monthly with a fairly aggressive sale near the breakout level.
Sold AMD AUG 21 2020 62.5 Puts @ 1.82
NFLX
#ShortStrangles – Squeezing it in a little for some extra credit. Still well outside the expected move…
Rolled NFLX AUG 21 2020 400.0/600.0 Strangle to AUG 21 2020 425.0/575.0 Strangle @ 2.15 credit (10.70 total now)
LABU
#ShortPuts – Sold LABU AUG 21 2020 45.0 Puts @ 1.80
TQQQ
Sold TQQQ AUG 21 2020 90.0 Put @ 3.30
ULTA
#ShortPuts – Following @Ramie’s lead and taking this off a few weeks early. Can add some earnings trades now.
Bought to Close ULTA AUG 21 2020 155.0 Put @ .90 (sold for 2.90)
WYNN
#CoveredCalls – Staying bearish and rolling down. Cutting long deltas about in half. Earnings next week (maybe)
Rolled WYNN JUL 31 2020 70.0 Call to JUL 31 2020 65.0 Call @ 3.55 credit (7.35 total now)
LABU
#ShortPuts – Sold LABU AUG 14 2020 40.0 Puts @ 1.10 and 1.15
NTAP UVXY WYNN
#ShortPuts #CoveredCalls – A few today…
NTAP: Old earnings trade still plugging away with covered calls. Next earnings still a few weeks away.
Bought to Close NTAP JUL 24 2020 45.0 Calls @ .04 (sold for .71)
Sold NTAP JUL 31 2020 45.0 Calls @ .48
UVXY: Good day in this one. Rolling covered calls and replacing short puts expiring today.
Rolled UVXY JUL 24 2020 27.0 Calls to JUL 31 2020 27.5 Calls @ 1.15 credit (4.55 total now)
Sold UVXY JUL 31 2020 26.0 Puts @ 1.02
WYNN: Glad I went 10 dollars in the money with the covered call last week.
Bought to Close WYNN JUL 24 2020 70.0 Call @ 2.22 (sold for 13.35)
Sold WYNN JUL 31 2020 70.0 Call @ 3.80
T Earnings
#ShortPuts #Earnings – Didn’t get the bounce so booking it for small gain. Still holding Aug 28.5 strike.
Bought to Close T JUL 24 2020 30.5 Puts @ .45 (sold for .75)
NVDA
#ShortPuts – Adding one the week before earnings down near the 50ma.
Sold NVDA AUG 07 2020 375.0 Put @ 2.59
AAPL
#ShortPuts – Another one for safety. Waiting for earnings now…
Bought to Close AAPL JUL 24 2020 370.0 Put @ .44 (sold for 2.30)
MSFT
#ShortPuts – Haven’t been in this one in ages. Selling at the expected move and the 50ma.
Sold MSFT AUG 21 2020 195.0 Put @ 2.60
Options Bistro 