#DiagonalBearCallSpreads – Adding one more…
Sold UVXY APR 12 2019 47.5 Call @ 2.00
Author Archives: fuzzballl
UVXY
#DiagonalBearCallSpreads – Setting up the short side to sell against again. Free 90 strikes in April and May now. Thanks @Iceman for the strateegery!
Sold 1 UVXY APR 18 2019 47.5 Call @ 2.00
Bought 5 UVXY MAY 17 2019 90.0 Calls @ .43
UVXY
#DiagonalBearCallSpreads – Bought to Close UVXY MAR 29 2019 48.0 Call @ .15 (sold for 2.35)
BA
#ShortPuts – Hanging out just above the 200ma so booking it early just in case. I’ll revisit with a break of support or for earnings next month.
Bought to Close BA APR 18 2019 325.0 Put @ .90 (sold for 3.50)
UVXY
#DiagonalBearCallSpreads – Adding one. Sold against April long 90’s and April 66 strike DITM puts. Virtually zero upside risk in this one.
Sold UVXY MAR 29 2019 48.0 Call @ 2.35
NVDA
#ShortPuts – Best ticker of the year so far and hate to not be involved. I rarely sell puts on rising stocks but taking a shot anyway. Selling near the expected move and close to the rising 50ma for a basis if I get the stock. Two weeks prior to earnings also. This is also the level it could fall back to in Dan’s old phase 2 of a squeeze breakout. Wow…I’ve almost convinced myself that I hope the stock falls! 🙂 🙂
Sold 1 NVDA APR 26 2019 165.0 Put @ 3.01
BIIB
#FallingKnife – No position here (remember Valeant and Mylan?)…I’ll see where it is when they add some more strikes in May. Earnings April 24th…
TNA
#CoveredCalls – Little bit of a pullback helping with this roll…
Rolled TNA Mar 29 2019 54.0 Calls to May 17 2019 56.0 Calls @ .30 credit
NTES
#ShortPuts – Jumping back into this one selling at the expected move and prior to next earnings…
Sold 1 NTES APR 26 2019 220.0 Put @ 3.20
NVDA
#ShortPuts – It’s been a good one last few weeks. Completely out now…
Bought to Close NVDA APR 18 2019 140.0 Put @ .23 (sold for 3.30)
EWZ
#ShortPuts – Small starter position…
Sold 3 EWZ APR 18 2019 43.0 Puts @ .72
BIDU
#ShortPut – Staying cautious…
Bought to Close BIDU APR 18 2019 150.0 Put @ .43 (sold for 2.87)
STX
#CoveredCalls – Completely forgot about the dividend risk of DITM covered calls. Was holding STX this week for the divvy that went ex today. Friday’s 41.5 calls exercised overnight so missed the divvy. Should’ve rolled them out a couple more weeks.
On the bright side stock basis of 39.65 so not all bad…
SOXL
#ShortPuts #IRA – Starting a new position after having all my stock called away over the weekend. Selling at the 50ma and hoping to add lower.
Sold 1 SOXL APR 18 2019 110.0 Put @ 2.70
WYNN
#CoveredCall – Stock has been weak so staying aggressive…and selling prior to earnings.
Sold WYNN APR 05 2019 116.0 Call @ 3.50
SOXL WYNN UVXY
#ShortCalls #CoveredCalls – A few fills today…
SOXL: Covered Calls Exercise
Stock being called away at 97.0 with basis of 71.85 (stock at 138.0…Grrrr!!!)
WYNN: Covered Call
Bought to Close WYNN MAR 22 2019 124.0 Call @ .10 (sold for 2.40)
UVXY: Short Calls
Bought to Close UVXY MAR 22 2019 55.0 Calls @ .05 (sold for 1.10)
TNA TQQQ
#CoveredCalls – BA news gave the market just enough of a pullback to fill these. Trying to squeeze a little more out of these so rolling out but not up keeping some downside protection.
Rolled TNA MAR 15 2019 60.0 Calls to TNA Apr 05 2019 60.0 Calls @ 1.35 credit
Rolled TQQQ MAR 15 2019 50.0 Calls to APR 05 2019 50.0 Calls @ 1.00 credit
ROKU
#ShortPuts #FallingKnife – Starter position just before next earnings…
Sold 1 ROKU APR 26 2019 50 Put @ 1.35
NTES NVDA
#ShortPuts – Taking these off a little early as a precaution…
Bought to Close NTES APR 18 2019 190.0 Put @ .25 (sold for 2.90)
Bought to Close NVDA MAR 22 2019 145.0 Put @ .22 (sold for 2.95)
UVXY
#ShortCalls – Approaching it’s all time low again reached at the beginning of October just prior to the spike to 95…LOL
Bought to Close UVXY MAR 15 2019 52.5 Calls @ .02 (sold for 1.42)
NVDA
#ShortPuts – The gift that keeps on giving…
Bought to Close NVDA MAR 15 2019 145.0 Put @ .05 (sold for 2.46)
T
#CoveredCalls – Going out just one month. This will capture the divvy and then allow another sale in earnings the following week.
Bought to Close T MAR 15 2019 31.0 Calls @ .02 (sold for .41)
Sold T APR 18 2019 31.0 Calls @ .23
TNA
#CoveredCalls – Rolling a few days early to avoid possible exercise (and I won’t have much market access Thur-Fri). For some reason this ticker likes the early exercise…
Rolled TNA MAR 15 2019 52.0 Calls to MAY 17 2019 54.0 Calls @ .72 credit
BA
#ShortPuts – Staying prior to next earnings. Look to roll into the high IV or sell covered call then if needed.
Sold BA APR 18 2019 325.0 Put @ 3.50
NVDA
#LongStock #ShortPuts – Stock will be called away @ 150.0 (basis 141.90)
Trying to replace it adding to previous put sales…
Sold NVDA MAR 22 2019 145.0 Put @ 2.95
SQ
#ShortPuts – Starter position…
Sold SQ APR 18 2019 65.0 Puts @ 1.30
Overall it’s a welcome selloff the last few days. Getting a lot of my weekly call sales against LEAPS and covered calls back into play…finally
LABU
#ShortPuts #IRA – Sold LABU APR 18 2019 45.0 Put @ 2.70
ADSK Earnings
#Earnings #JadeLizard – Bought to Close ADSK MAR 1 2019 150.0/170.0/172.5 Jade Lizard @ .17 (sold for 3.25)
ADSK Earnings
#JadeLizard – This thing can go anywhere. If it tanks I’ll get the stock around the 50ma. No upside risk…
Sold ADSK MAR 1 2019 150.0/170.0/172.5 Jade Lizard @ 3.25
SQ Earnings
#Earnings – Nice bounce today. I’ll take the small winner and move along…
Bought to Close SQ MAR 1 2019 83.0/78.0 Bull Put Spread @ 1.65 (sold for 2.76)
STX
#CoveredCalls – Rolling to capture the divvy of .63 and will probably let the stock go prior to next earnings unless it really pulls back to a better roll level. Basis 39.10 at that point…
Rolled STX MAR 08 2019 41.5 Calls to MAR 22 2019 41.5 Calls @ .10 credit
SQ Earnings
#Earnings – Sold SQ MAR 1 2019 83.0/78.0 Bull Put Spread @ 2.76
/NQ and Market Tide
#Scalping – I did not trade this…woulda coulda shoulda…this is the entry I look for. A big move to a round number and the printing of the reversal. Would be a safe entry with stop beyond the “roundy”.
WTW
#LongCalls #LEAPS – The incredible becomes “incredibler”. I’ll continue selling 20 -25 cents per week indefinitely. Feels like a member of the family now!
BIDU
#ShortPuts #IRA – I was looking at May 140-145 but decided to go more aggressively in April and keep the sale prior to next earnings. Nice having the roll/covered call possibility with the extra earnings premium.
Sold BIDU APR 18 2019 150.0 Put @ 2.87
UVXY
#DiagonalBearCallSpreads – One late fill…
Sold UVXY MAR 22 2019 55.0 Calls @ 1.10
LABU
#CoveredCalls – Rolling one out and up…
Rolled LABU MAR 08 2019 52.0 Call to MAR 29 2019 54.0 Call @ .15 credit
UVXY
#ShortCalls -This was a naked short call that went ITM in December. Rolled it way out and up slightly. Finally closing it for a profit. Can now move the call sales back to nearer term (if we ever get any more volatility)…
Bought to Close UVXY JUN 21 2019 57.0 Call @ 3.75 (sold for 4.00)
UVXY
#DiagonalBearCallSpreads – Stocking up again to sell against later…
Bought UVXY APR 18 2019 90.0 Calls @ .30
BIDU Earnings
#Earnings – Couldn’t watch the market until the close Friday. Caught a quick look at an article about Google and some new gaming stuff they’re developing so booked the BIDU early just in case.
Bought to Close BIDU FEB 22 2019 167.5 Put @ .70 (sold for 2.93)
STMP
NTES
#ShortPuts #IRA – Out of the earnings trade but still looking for some China exposure. Taking another shot a little lower…
Sold NTES APR 18 2019 190.0 Put @ 2.90
NTES
#Earnings #JadeLizard – Taking off the call side but still holding the 217.50 put for now….
Bought to Close NTES FEB 22 2019 232.5/237.5 Bear Call Spread @ .03
BIDU “Earnings”
#ShortPuts #IRA – Not really an earnings play but if it works out that way I’ll take it. Mainly trying to acquire some stock for longer term covered call sales…
Sold BIDU FEB 22 2019 167.5 Put @ 2.93
UVXY
#DiagonalBearCallSpreads – Selling diagonals against free March 90 short calls. Not as risky as it looks with ITM short puts helping.
Sold UVXY MAR 15 2019 52.5 Calls @ 1.42
UVXY
#DiagonalBearCallSpreads – Selling diagonals against free March 90 short calls.
Bought to Close UVXY FEB 22 2019 57.5 Calls @ .02 (sold for 1.23)
I’ll be looking to sell again on any tiny little bounce in volatility…
NTES Earnings
#Earnings #JadeLizard – Haven’t had a chance to mess with much earnings this quarter other than NVDA last week. I’ll take a shot at NTES today with a slightly bearish play since the stock is up today and at resistance. Using a Jade Lizard (no upside risk). This position would need the stock to trade lower on the announcement but no lower than slightly more than the expected move (212.30 b/e). Worse case scenario it turns into a covered call position with nice weekly premium.
Sold NTES FEB 22 2019 217.5/232.5/237.5 Jade lizard @ 5.20
TNA
#LongCalls #LEAPS – Taking advantage of the never ending rise to get out of this at a tiny profit. Went long prior to the implosion but added the full position near the bottom. Ratio’d the call sales on the rise so happy to be out. Will look for a reset if we ever get a pullback.
Bought to Close TNA FEB 22 2019 49.0 Calls
Sold to Close TNA JAN 15 2021 70.0 Calls
NVDA
#ShortPuts #IRA – One of my favorite tickers so adding here. Seems to be stabilizing above it’s 50ma but still near the bottom of it’s recent implosion. Based on the April expected move 137 is a possibility so selling near that area. 15.2% annualized if it goes to expiration…
Sold NVDA APR 18 2019 140.0 Put @ 3.30
NVDA
#Earnings #CoveredCalls #ShortPuts – A few more in this one…
Bought to Close NVDA FEB 15 2019 150.0 Put @ .01 (sold for 4.50)
Sold NVDA MAR 15 2019 145.0 Put @ 2.46
Rolled a covered call out a few weeks…
Rolled NVDA FEB 15 2019 148.0 Call to MAR 08 2019 150.0 Call @ 1.50 credit (picking up 3.50 of upside)
NVDA
In spite of a 7:50 am tee time I did get one fill right at the open.
Sold NVDA FEB 15 2019 150.0 Put @ 4.50
SOXL TNA TQQQ WYNN
#CoveredCalls – Out the rest of the week so need to roll these today. Can’t get a pullback so doing best I can. This is definitely the downside of covered calls when profits are blocked. Can’t go up forever so at least some nice hedges for pullbacks. All covered calls…
SOXL: This one hurts with a basis of 72 covered at 95 and stock at 122. Uugh!
Rolled SOXL FEB 15 2019 95.0 Calls to MAR 15 2019 97.0 Calls @ .20 credit
TNA:
Too many to list. Most are ok and a couple DITM
TQQQ:
Rolled TQQQ FEB 15 2019 40.0 Calls to APR 18 2019 42.0 Calls @ .10 debit
WYNN:
Rolled WYNN FEB 15 2019 110.0 Call to JUN 21 2019 115.0 Call @ 1.63 credit
Rolled WYNN FEB 15 2019 120.0 Call to MAR 22 2019 124.0 Call @ .40 credit
TNA
#CoveredCalls – Meant to roll this sooner but forgot about it. Exercised early on a call for this Friday. Unfortunately I sold it in the hole figuring the market wouldn’t rally to ridiculous levels. Exercised at 45 with a basis of 63 so an 18 point loss.
To replace this position: (exercised on 1 but selling 2 to keep the new puts at reasonable levels)
Sold 2 TNA JUL 19 2019 65.0 Puts @ 9.50
If the stock continues up the entire position is a 50 cent winner. If it implodes I’ll have the shares at a 64.50 basis which seems reasonable given the circumstances.
WTW
#LongCalls #LEAPS – Just got in and see one fill today…
Bought to Close WTW FEB 22 2019 37.0 Calls @ .05 (sold for .65)
NVDA STX UVXY WTW
#LongCalls #LEAPS #ShortPuts #CoveredCalls – A few odds and ends yesterday. A great week for NVDA and earnings coming next week.
NVDA:
Bought to Close NVDA FEB 08 2019 150.0 Call @ .05 (covered sold for 4.70)
Sold NVDA FEB 15 2019 148.0 Call @ 4.90 (covered)
Bought to Close NVDA FEB 08 2019 145.0 Put @ .05 (sold for 2.51) I’ll sell again before Thur earnings
STX: Rolling picking up another .75 of upside
Rolled STX FEB 08 2019 41.0 Calls to MAR 08 2019 41.5 Calls @ .25 credit
UVXY: Selling diagonals against free March 90 short calls. Not as risky as it looks with ITM short puts helping.
Sold UVXY FEB 22 2019 57.5 Calls @ 1.23
WTW: Selling new positions very carefully as whipsaw risk increases and stock is 74 percent off recent highs. Earnings still a couple weeks away. Sales seem small but are twice what I need so could still become a nice winner eventually.
Bought to Close WTW FEB 15 2019 35.5 Calls @ .05 (sold for .30)
Sold WTW MAR 1 2019 39.0 Calls @ .30
TQQQ
#CoveredCalls – I did a trade! Woohoo! Have to say I don’t hate the pullback. Helps out some of the ITM positions.
Rolled TQQQ FEB 15 2019 44.0 Call to MAR 1 2019 45.0 Call @ .21 credit
Adding 1.21 of upside while still keeping a little more downside help.
UVXY
#DiagonalBearCallSpreads – Going Iceman style figuring no huge volatility spikes this week…then have a month to sell against the free short calls.
Sold UVXY FEB 8 2019 54.0 Calls / Bought UVXY MAR 15 2019 90.0 Calls @ .02 credit
WTW
#LongCalls #LEAPS – One fill today on a batch of my many over-writes on this one…
Bought to Close WTW FEB 8 2019 36.0 Calls @ .05 (sold for .75)
LABU
#CoveredCalls – My other one is ITM and requiring lengthy rolls. Trying to stay out of the way on this one. Hopefully they’ll be adding strikes eventually. Pretty poor selection right now.
Rolled LABU FEB 15 2019 49.0 Call to MAR 08 2019 52.0 Call @ .25 credit
NVDA
#CoveredCalls – Looked safe a couple days ago but not now. Rolling out a week and up 5 points. Earnings the following week so very nice premium coming up. Have to do this now since I’ve gotta leave before the close.
Rolled NVDA FEB 01 2019 145.0 Call to FEB 08 2019 150.0 Call @ .30 credit
Short a 145.0 Put next week also. Setting up for the roll into earnings if needed.
T
#ShortPuts #CoveredCalls – Assigned early at 30.21 basis which I don’t mind. Can get the call sales done now.
Sold T MAR 15 2019 31.0 Calls @ .41
AMAT LABU SMH SOXL TNA TQQQ URI UVXY XBI
#LongCalls #CoveredCalls #LEAPS #ShortPuts – Been a slow couple weeks with the rally and being busy at work. Pretty much all hands on deck to keep things going with this crazy weather! Rolling some covered calls and ratio’d short calls against LEAPS and booking a couple winners for safety. Haven’t been adding anything new…just working with what I’ve got and trying to streamline things a little and be better about adding anything.
AMAT: Ratio’d and rolling just a week to stay prior to earnings.
Rolled AMAT FEB 1 2019 36.0 Calls to FEB 8 2019 36.0 Calls @ .10 credit
LABU: One contract DITM roll below basis…my least favorite position right now but can roll as long as needed.
Rolled LABU FEB 15 2019 35.0 Call JUN 21 2019 40.0 Call @ .01 credit
SMH: Ratio’d roll. Trying to stay as short term as possible.
Rolled SMH FEB 8 2019 91.0 Calls to FEB 22 2019 91.5 Calls @ .17 credit
SOXL: This was ITM not long ago so booking it. Sell again on next pullback.
Bought to Close SOXL FEB 15 2019 75.0 Put at .55 (sold for 3.50)
TNA: Big rally so rolling ratio’d and covered.
Rolled TNA FEB 8 2019 48.5 Calls to FEB 22 2019 49.0 Calls @ even (LEAPS position)
Rolled TNA FEB 1 2019 50.0 Calls to MAR 15 2019 52.0 Calls @ .20 credit (covered)
TQQQ: Added to LEAPS a few days ago so this is ratio’d now.
Rolled TQQQ FEB 8 2019 40.5 Calls to FEB 22 2019 41.0 Calls @ .06 credit
Rolled TQQQ FEB 15 2019 40.0 Call to MAR 15 2019 41.0 Call @ .20 credit (covered)
URI: Book it!
Bought to Close URI FEB 15 2019 105.0 Put @ .20 (sold for 2.30)
UVXY: Rolling short ratio’d puts down. Long LEAP puts working great. This works as a nice hedge on volatility spikes.
Rolled UVXY FEB 15 2019 70.0 Puts to MAR 15 2019 68.0 Puts @ .10 credit
XBI: Ratio’d roll.
Rolled XBI FEB 1 2019 78.0 Calls to FEB 22 2019 79.0 Calls @ .06 credit.
Obviously if I’d seen the Powell capitulation coming I’d not have sold any covered calls. Rolling working fine but capping upside (but giving a nice hedge also). These are all long term positions so working fine. Ratio’d short calls selling below LEAPS is a must. That way the rolls can be gradual since small to no upside risk.
Theotrade VIX hedge…
#Hedges -From last weekend’s freebie. Go to the 10:30 mark to see his VIX hedge. Basically sell puts to finance bull call spreads. Could be getting close to time again…
https://theotrade.com/clouded-market-clarity-provides-these-trade-setups/
Iceman classic…
Whiz free week…
If anyone is bored…LOL
https://go.topgunoptions.com/ft
NVDA
#ShortPuts – This is a little bit of a gamble since there are conflicting reports of an earnings date. I think it’ll be the following week so selling this. This would add to a stock position going into earnings with great call premium available…
Sold NVDA Feb 08 2019 145.0 Put @ 2.51
T Earnings
#ShortPuts #Earnings – Starter position a little early. Earnings on the morning of the 30th…
Sold T Feb 01 2019 31.0 Puts @ .79
URI Earnings
#ShortPuts #Earnings – Had pretty good luck with this one in the past. Just selling a put out in Feb monthly so not technically an earnings play but should have some volatility crush in the monthlies. Wouldn’t mind owning a little…
Sold URI Feb 15 2019 105.0 Put @ 2.30
STX
#CoveredCalls – Full position now sold in earnings week…
Sold STX Feb 08 2019 41.0 Call Limit @ 1.11
TQQQ
#CoveredCalls – Sold TQQQ Mar 15 2019 50.0 Calls @ 1.15
TNA
#CoveredCalls – Sold TNA Feb 15 2019 58.0 Calls @ 1.02
LABU
#CoveredCalls – Sold LABU Feb 15 2019 49.0 Call @ 1.96
UVXY
#BearCallSpreads – Busy week away from the market but managed one fill today…
Sold UVXY FEB 1 2019 72.5/82.5 Bear Call Spreads @ 1.37
AAOI LABU MO STX TNA TQQQ UVXY
#CoveredCalls #ShortPuts #LongPuts #LEAPS – Various adjustments…
AAOI: Feels like a family member now…LOL Replacing this week’s expiration
Sold AAOI FEB 15 2019 17.5/22.5 Bear Call Spreads @ .46 (prior to earnings hopefully)
LABU:
Will be assigned stock at 56.60 basis
MO: LEAPS are now unhedged leading into earnings…(for now)
Bought to Close MO JAN 25 2019 50.5 Calls @ .02 (sold for .25)
STX:
Will be assigned a little more stock at 40.20 basis
TNA: Rolling covered calls and assignment
Rolled TNA Jan 18 2019 50.0 Call to Feb 22 2019 52.5 Call @ .01 credit
Will be assigned stock at basis of 62.70, 56.95, and 56.00
TQQQ: Booking covered calls. No new sales yet. (partial fill on this yesterday at .05 Grrrr!)
Bought to Close TQQQ Jan 18 2019 45.0 Calls @.40 (sold for 1.65)
Still watching a short 45.0 strike put. If assigned basis of 42.85
UVXY: Rolling ratio’d short puts down.
Rolled UVXY FEB 1 2019 72.5 Puts to MAR 15 2019 69.0 Puts @ .62 credit
NFLX earnings
#Earnings – Stock is weak so taking a small winner instead of a small loser. Now it’s free to rally back!
Bought to Close NFLX JAN 18 2019 340/350/360 Iron Fly @ 7.45 (sold for 9.10)
