#ShortPuts – Adding at lower strikes…
Sold LABU OCT 09 2020 40.0 Put @ 1.20
Author Archives: fuzzballl
SPY
#ShortPuts – Another starter…
Sold SPY OCT 16 2020 295.0 Put @ 2.30
LABU
#ShortPuts – Back in with a starter…
Sold LABU OCT 09 2020 42.5 Put @ 1.35
SPLK TDOC TSLA VXX
#ShortPuts #CoveredCalls – Staying really short term…
SPLK: Covered.
Sold SPLK OCT 02 2020 182.5 Call @ 2.15
TDOC: Going back in.
Sold TDOC SEP 25 2020 187.5 Put @ 2.30
TSLA: Rolling up slightly for a little more battery day risk. Premium similar to earnings here. 50ma and expected move now.
Rolled TSLA SEP 25 2020 350.0 Put to SEP 25 2020 375.0 Put @ 3.90 credit (9.80 total now)
VXX: Beer money on the volatility bounce.
Bought to Close VXX SEP 25 2020 25.0 Puts @ .71 (sold for .80)
Options Expiration
#OptionsExpiration – A few…
SLB 19 Calls (sold for .85)
TDOC 180 Put (sold for 2.60)
UVXY 21 Calls (sold for 3.05)
OSTK SPCE STX UVXY VXX
#ShortPuts #CoveredCalls – A few more.
OSTK: Covered Calls and adding a short put.
Rolled OSTK SEP 18 2020 70.0 Call to SEP 25 2020 70.0 Call @ 3.30 credit (12.95 total now)
Sold OSTK SEP 25 2020 67.5 Put @ 2.70
SPCE: Covered Calls.
Rolled SPCE SEP 18 2020 15.0 Calls to OCT 16 2020 15.0 Calls @ .51 credit
STX: Covered rolling hoping I don’t get taken out of the divvy.
Rolled STX SEP 18 2020 46.0 Calls to OCT 9 2020 46.0 Calls @ .20 credit
UVXY: Replacing this week’s expiation. Hedging my hedge selling slightly ITM.
Sold UVXY SEP 25 2020 17.0 Calls @ 2.25
VXX: Rolling another week.
Rolled VXX SEP 18 2020 26.0 Puts to VXX SEP 25 2020 25.0 Puts @ .01 credit
OSTK
ShortPuts – Booking the ones sold this morning. Taking the nice one day gain…
Bought to Close OSTK SEP 25 2020 65.0 Puts @ 1.60 (sold for 2.50)
OSTK
#ShortPuts – Just for something to do. Nice premium in this one…
Sold OSTK SEP 25 2020 65.0 Puts @ 2.50
TQQQ
#ShortPuts – Starter…
Sold TQQQ SEP 25 2020 110.0 Put @ 2.36
NVDA
#ShortPuts – Jumping back in short term on today’s weakness. Outside the expected move and at the 50ma.
Sold NVDA SEP 25 2020 465.0 Put @ 3.05
OSTK
#ShortPuts – Taking another one off for safety…
Bought to Close OSTK SEP 18 2020 75.0 Put @ 3.00 (sold for 4.00)
TSLA
#ShortPuts – Outside the expected move and down at the 50ma. Battery day on the 22nd will determine how this goes. IV is almost like an earnings trade.
Sold TSLA SEP 25 2020 350.0 Put @ 5.90
ADBE ADSK FSLY NFLX NVDA OSTK TDOC
#ShortPuts #ShortStrangles – A lot of these nice bounces seem to be running out of steam (unless JP comes through again! 🙂 🙂 ) . In any case taking a lot of risk off today with some good profits.
ADBE: Earnings and post earnings.
Bought to Close ADBE SEP 18 2020 460.0 Put @ 1.65 (sold for 3.50)
Sold ADBE SEP 25 2020 440.0 Put @ 2.44
ADSK: Nice bounce and happy to be out with decent profit.
Bought to Close ADSK SEP 18 2020 225.0 Put @ .67 (sold for 2.62)
FSLY: Completely out of this one now.
Bought to Close FSLY SEP 18 2020 75.0 Put @ .40 (sold for 2.20)
NFLX: Nice profits but horrible management on a greedy 505.0 strike bonus call I sold in a strangle. Rolled it into a new strangle for next week.
Bought to Close NFLX SEP 18 2020 450.0 Put @ .50 (sold for 2.85)
Bought to Close NFLX SEP 18 2020 475.0/550.0 Strangle @ 2.55 (sold for 10.25)
Rolled NFLX SEP 18 2020 505.0 Call to SEP 25 2020 455.0/545.0 (2×1) Strangle @ even
NVDA: Very happy!
Bought to Close NVDA SEP 18 2020 490.0 Put @ 1.65 (sold for 11.75)
OSTK: Nice bounce and happy to be out with decent profit.
Bought to Close OSTK SEP 18 2020 75.0 Put @ 2.31 (sold for 4.10)
TDOC: Completely out of this one now.
Bought to Close TDOC SEP 18 2020 180.0 Put @ .55 (sold for 2.60)
ADBE Earnings
#ShortPuts #Earnings – Going aggressive at the 50ma and the expected move. Was going to go out an extra week and sell down near the 100ma but those quotes were messed up on Fidelity.
Sold ADBE SEP 18 2020 460.0 Put @ 3.50
TQQQ
#ShortPuts – For safety…
Bought to Close TQQQ SEP 18 2020 115.0 Put @ .75 (sold for 2.75)
Bought to Close TQQQ SEP 18 2020 120.0 Put @ 1.25 (sold for 2.06)
FB
#ShortPuts – Taking beer money on the small bounce…
Bought to Close FB SEP 18 2020 270.0 Put @ 3.85 (sold for 4.05)
FSLY LABU
#ShortPuts – Booking a few more…
FSLY:
Bought to Close FSLY SEP 18 2020 70.0 Put @ .15 (sold for 1.20)
LABU:
Bought to Close LABU SEP 18 2020 40.0 Put @ .05 (sold for 1.50)
Bought to Close LABU SEP 18 2020 45.0 Put @ .15 (sold for 2.30)
Bought to Close LABU SEP 25 2020 40.0 Put @ .23 (sold for 1.65)
Bought to Close LABU SEP 25 2020 40.0 Puts @ .21 (sold for 1.45)
Bought to Close LABU OCT 2 2020 35.0 Put @ .20 (sold for 1.15)
NFLX
#ShortStrangles – Added another call for additional premium…
Sold NFLX SEP 18 2020 505.0 Call @ 1.85
Strangle is now 475 put and 600, 550, and 505 calls (10.25 total)
TSLA
#ShortPuts – Out most of the day but did manage one more trade. Taking this off after after selling it Friday.
Bought to Close TSLA SEP 18 2020 330.0 Put @ 1.00 (sold for 5.40)
LABU
#ShortPuts – Bought to Close LABU SEP 18 2020 40.0 Put @ .10 (sold for 1.30)
TSLA
#ShortPuts – Late fills…
Bought to Close TSLA SEP 11 2020 350.0 Put @ .10 (sold for 3.50)
Sold TSLA SEP 18 2020 330.0 Put @ 5.40
STX
#CoveredCalls – A new batch replacing this week’s. Should have this position long enough to capture the dividend the following week.
Sold STX SEP 18 2020 46.0 Calls @ .91
UVXY VXX
#ShortPuts – Rolling hedges…
Rolled UVXY SEP 11 2020 24.5 Puts to SEP 18 2020 23.5 Puts @ .15 credit (1.25 total now)
Rolled UVXY SEP 11 2020 24.0 Puts to SEP 18 2020 23.0 Puts @ .22 credit (1.05 total now)
Rolled VXX SEP 11 2020 27.0 Puts to SEP 18 2020 26.0 Puts @ .21 credit (.82 total now)
LULU
#ShortStrangles -Risk reduction.Should have followed @jsd501 out yesterday! I’ll still take it. 🙂
Bought to Close LULU SEP 18 2020 300.0/380.0 Strangle @ 1.98 (sold for 4.60)
CHWY Earnings
#ShortPuts #Earnings – No interest in keeping this one. Taking the beer money.
Bought to Close CHWY SEP 18 2020 55.0 Puts @ .89 (sold for 1.35)
TDOC
#ShortPuts – Just for safety…
Bought to Close TDOC SEP 11 2020 185.0 Put @ .28 (sold for 2.90)
LABU
#ShortPuts – Closed some this morning. Throwing some new starters out there now.
Sold LABU SEP 25 2020 40.0 Put @ 1.65
Sold LABU OCT 2 2020 35.0 Put @ 1.15
CHWY Earnings
#ShortPuts – Going out a week and staying small.
Sold CHWY SEP 18 2020 55.0 Puts @ 1.35
LABU OSTK
#CoveredCalls #ShortPuts – Booking, rolling and adding…
OSTK: Covered call and new sale.
Rolled OSTK SEP 11 2020 70.0 Call to SEP 18 2020 70.0 Call @ 2.16 credit
Sold OSTK SEP 18 2020 75.0 Put @ 4.00
LABU: These weren’t looking so hot a couple days ago. I’ll take ’em here.
Bought to Close LABU SEP 11 2020 45.0 Puts @ .30 (sold for 1.80)
Bought to Close LABU SEP 11 2020 47.5 Put @ .70 (sold for 2.45)
NFLX
#ShortStrangle – Adding another short call to the strangle for additional premium.
Sold NFLX SEP 18 2020 550.0 Call @ 1.75
Position is now 475/550/600 @ 8.40
TQQQ
#ShortPuts – Not quite half but I’ll take it for one day.
Bought to Close TQQQ OCT 2 2020 85.0 Put @ 1.95 (sold yesterday for 3.45)
DOCU
#ShortPuts – Jumping back in for a quickie…
Sold DOCU SEP 25 2020 177.5 Put @ 2.50
LULU
#ShortStrangles – After earnings short term strangle…
Sold LULU SEP 18 2020 300.0/380.0 Strangle @ 4.60
VXX
#ShortPuts – Small hedge for quite a few longs next week…
Sold VXX SEP 11 2020 27.0 Puts @ .61
TQQQ
#ShortPuts – Let’s see if it can take out all the major moving averages…
Sold TQQQ OCT 2 2020 85.0 Put @ 3.45
SPY
#ShortPuts – Over 50 percent in a few hours…gotta take it.
Bought to Close SPY SEP 18 2020 310.0 Put @ 1.20 (sold for 2.60)
UVXY
#ShortPuts – Stopped out of my overnight scalp at even. Added these though…
Sold UVXY SEP 11 2020 24.0 Puts @ .83 and .90
SPY
#ShortPuts – Gotta take a shot at the 200ma bounce.
Sold SPY Sep 18 2020 310.0 Put @ 2.60
DOCU NFLX OSTK SLB STX TNA UVXY
#ShortPuts #Earnings #CoveredCalls – A few this morning…
DOCU: Earnings booking it for safety.
Bought to Close DOCU SEP 18 2020 190.0 Put @ 2.60 (sold for 3.34)
NFLX: Short strangle rolling call down for extra credit.
Rolled NFLX SEP 18 2020 640.0 Call to NFLX SEP 18 2020 600.0 Call @ 1.25 credit (6.65 total now)
OSTK: Will be assigned 100 shares. Got an early start on covered calls right at the open.
Sold OSTK SEP 11 2020 70.0 Call @ 7.50
SLB: Covered rolling.
Rolled SLB SEP 4 2020 19.0 Calls to SEP 18 2020 19.0 Calls @ .48 credit
STX: Covered rolling.
Rolled STX SEP 4 2020 46.0 Calls to SEP 11 2020 46.5 Calls @ .15 credit
TNA: Booking for safety.
Bought to Close TNA SEP 18 2020 27.0 Put @ .64 (sold for .90)
Bought to Close TNA SEP 18 2020 28.0 Put @ .85 (sold for 1.08)
UVXY: Replacing some closed yesterday.
Sold UVXY SEP 11 2020 24.5 Puts @ 1.10
UVXY
#ShortPuts – This might get volatility to come down a little. Going for one night scalp…roll if needed.
Sold UVXY SEP 4 2020 26.0 Puts @ .21
UVXY
#ShortPuts – A couple of my bigger positions so have to take the one day gains. Looking for a re-entry on any decent drop.
Bought to Close UVXY SEP 11 2020 21.5 Puts @ .19 (sold for 1.17)
Bought to Close UVXY SEP 11 2020 22.0 Puts @ .25 (sold for 1.16)
Interesting read…
https://www.zerohedge.com/markets/classic-feedback-loop-why-everyone-chasing-gamma-crash
TQQQ
#ShortPuts – Adding….
Sold TQQQ SEP 18 2020 120.0 Put @ 2.05
UVXY
#ShortPuts – Booking and selling some more. These are replacing some stock that will get called away over the weekend at breakeven. Had been selling DITM calls against it but not very rollable now. Resetting with new short puts.
Bought to Close UVXY SEP 4 2020 21.0 Puts @ .12 (sold for .54)
Sold UVXY SEP 11 2020 22.0 Puts @ 1.16
UVXY
#CoveredCalls – Picking up some upside…
Rolled UVXY SEP 11 2020 20.0 Calls to UVXY SEP 18 2020 21.0 Calls @ .15 credit
DOCU Earnings
#ShortPuts #Earnings – Going out a couple weeks for a lower sale…
Sold DOCU SEP 18 2020 190.0 Put @ 3.30
UVXY
#ShortPuts – Still hedging a little…
Bought to Close UVXY SEP 4 2020 20.0 Puts @ .05 (sold for .72)
Sold UVXY SEP 11 2020 21.5 Puts @ 1.17
TSLA
#ShortStrangles – Stopped out at over 50 percent max. Based on pre-split prices…
Bought to Close TSLA SEP 4 2020 1750.0/3400.0 Strangle @ 5.55 (sold for 12.20)
LABU
#ShortPuts – First ones in this expiration…
Sold LABU SEP 25 2020 40.0 Puts @ 1.45
NFLX
#ShortStrangles – Rolling up the put side for additional premium. New strike still well outside the expected move and below the 50ma.
Rolled NFLX SEP 18 2020 440.0 Put to SEP 18 2020 475.0 Put @ 1.81 credit
New position: 475/640 @ 5.40
TSLA
#ShortPuts – 1.5x the expected move and down closer to the 50ma.
Sold TSLA SEP 11 2020 350.0 Put @ 3.50
TSLA
#ShortStrangles – Rolling up the put side slightly…
Rolled TSLA SEP 4 2020 300.0 Puts to SEP 4 2020 350.0 Puts @ .93 credit (12.25 total now based on pre-split)
EWZ
#ShortPuts – Completely out of this now for the first time in quite awhile. Watching for a re-entry…
Bought to Close EWZ SEP 4 2020 28.5 Puts @ .17 (sold for .64)
NVDA
#ShortPuts – Rolling this one up again for additional credit. Selling at the 20ma and the current expected move. We’ll call it a possible #TakeOneForTheTeam …..
Rolled NVDA SEP 18 2020 450.0 Put to SEP 18 2020 490.0 Put @ 4.70 credit (11.75 total now)
NFLX
#ShortStrangles – Selling at about 2x the expected move…
Sold NFLX SEP 18 2020 440.0/640.0 Strangle @ 3.60
NFLX
#ShortPuts – Staying small and short term…
Sold NFLX SEP 18 2020 450.0 Put @ 2.85
FSLY
#ShortPuts – A couple starters…
Sold FSLY SEP 18 2020 75.0 Put @ 2.20
Sold FSLY SEP 18 2020 70.0 Put @ 1.20
TSLA
#ShortStrangles – Going back in. Riding alongside @OptionIceman …
Sold TSLA SEP 4 2020 1500.0/3400.0 Strangle @ 7.60
SPCE
#CoveredCalls – Rolling…
Rolled SPCE AUG 28 2020 15.0 Calls to SEP 18 2020 15.0 Calls @ .43 credit
UVXY
#CoveredCalls #Shortputs – Rolling and adding…
Rolled UVXY AUG 28 2020 19.0 Calls to SEP 11 2020 20.0 Calls @ .25 credit
Sold UVXY SEP 4 2020 20.0 Puts @ .72
SPLK ULTA WDAY Earnings wrap up
#JadeLizards #IronFlies – Should’ve sold ITM puts on all of these…LOL No upside risk at least paying off a little.
SPLK Lizard closed call side for slightly better than max loss put side expires (.45 gain)
WDAY Lizard expiring (gain .72)
ULTA Iron Fly call side closed for less than max loss put side expires (lottery ticket .70 loss)
3 cases of the Silver Bullets!
ULTA Earnings Lottery Ticket
#IronFlies #Earnings #LotteryTickets – Taking a low risk high reward shot. Risk 85 to make 665. Need a slightly less than half the expected move.
Sold ULTA AUG 28 2020 212.5/220.0/227.5 Iron Fly @ 6.65
OSTK
#JadeLizards – Not sure why premium is so high in this but I’ll take a shot at a Lizard for next week. Considered the naked strangle but I prefer the no risk upside here.
Sold OSTK SEP 4 2020 85.0/110.0/112.0 Jade Lizard @ 3.25
OSTK
#ShortPuts – First time in this one. Selling down close to the 50ma.
Sold OSTK SEP 18 2020 75.0 Put @ 4.10
TQQQ
#ShortPuts – Starter…hoping to get a chance to add. Selling outside the expected move and below the 50ma.
Sold TQQQ SEP 18 2020 115.0 Put @ 2.75
ROKU
#ShortPuts – Another one near all time highs. Taking it off 3 weeks early…
Bought to Close ROKU SEP 18 2020 125.0 Put @ .50 (sold for 2.80)
WDAY Earnings
#JadeLizards #Earnings – Probably should just sell the put since stocks only go up. Still going with the Lizard but a little less in the money on the call side.
Sold WDAY AUG 28 2020 197.5/215.0/217.5 Jade Lizard @ 3.22
FB
#ShortPuts – I’ve been kinda overlooking this one. Mentioned this morning on tastytrade for it’s IV rank. Selling slightly inside the expected move for once.
Sold FB SEP 18 2020 270.0 Put @ 4.05
TSLA
#BullPutSpreads – Bought to Close TSLA AUG 28 2020 1300.0/1000.0 BuPS @ .06 (sold for 2.40)
SPLK Earnings
#JadeLizards #Earnings – In a different account playing the ‘ol reliable downside Lizard. Breakeven near recent lows with no upside risk.
Sold SPLK AUG 28 2020 190.0/205.0/207.5 Jade Lizard @ 2.55
ADSK post earnings
#ShortPuts – Reported last night. I missed the bottom this morning but still a little premium at the expected move…
Sold ADSK SEP 18 2020 225.0 Put @ 2.62
SPLK Earnings
#ShortPuts #Earnings – Going out to the monthlies and selling a little lower. Stock at lifetime highs and I’m selling a put? Talk about bizarro market…
Sold SPLK SEP 18 2020 190.0 Put @ 2.80
LABU
#ShortPuts – Adding one…
Sold LABU SEP 18 2020 40.0 Put @ 1.50
TDOC
#ShortPuts – Adding one…
Sold TDOC SEP 18 2020 180.0 Put @ 2.60
LABU
#ShortPuts – Adding one…
Sold LABU SEP 11 2020 47.5 Put @ 2.45
Options Bistro 