#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)
Author Archives: fuzzballl
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)
T
#ShortPuts #IRA – I’ll look to re-load on any weakness…
Bought to Close T Jan 18 2019 31 Puts @0.25 (sold for 1.30)
SLB earnings
#Earnings #IronFlies -sold 50 cent wide @ .45…LOL
NFLX
#Earnings #IronFlies – Just taking a crazy shot here. Hoping all the news is out there now. 350 is also a nice even number (but so is 300 and 400 🙂 ). Selling an iron fly well inside the expected move risking 90 to make 910…
Sold NFLX JAN 18 2019 340/350/360 Iron Fly @ 9.10
This is the $100 I was going to put on the Chiefs +3 line…LOL
RTN STX TNA TQQQ WYNN
#LongCalls #LEAPS #CoveredCalls – A few fills this morning…
RTN: Seems to be recovering so giving it some room into earnings. May add Bull Put Spreads also…
Bought to Close RTN JAN 18 2019 165.0 Calls @ .05 (sold for .60 as BeCS)
Sold RTN FEB 15 2019 170.0/180.0 Bear Call Spreads @ 1.20
STX: Covered Calls selling new ones in earnings week…
Bought to Close STX Jan 18 2019 40.0 Calls @ .05 (sold for .68)
Sold STX Feb 08 2019 41.0 Calls @ .96
TNA: Looking good now. Went full position on Jan 7th on LEAPS and ratio’d weekly sales…
Rolled TNA JAN 18 2019 47.0 Calls to FEB 8 2019 48.5 Calls @ .05 debit
TQQQ: A roll against LEAPS and a partial close on some covered calls:
Rolled TQQQ JAN 18 2019 39.0 Calls to FEB 8 2019 40.5 Calls @ .23 credit
Bought to Close TQQQ Jan 18 2019 45.0 Call @ .05 (sold for 1.65)
WYNN: Covered calls below basis so still rolling…
Rolled WYNN Jan 18 2019 105.0 Call to Feb 15 2019 110.0 Call @ .05 credit
NVDA URI
#ShortPuts #IRA – Playing it safe here. Will be looking for some #Fallingknife trades if we get some earnings implosions…
Bought to Close NVDA Feb 01 2019 120 Put @ .13 (sold for 2.45)
Bought to Close URI Jan 18 2019 110 Put @ .40 (sold for 3.50)
UVXY
URI
#ShortPuts #IRA – One fill so far…
Bought to Close URI Jan 18 2019 100.0 Put @ .05 (sold for 2.30)
Options Expiration
#OptionsExpiration – Actually had one this week…
RTN 162.0/172.0 Bear Call Spreads (sold for .69)
WTW
#LongCalls #LEAPS – A little heavy on the weekly sales so booking this one from yesterday just in case in the “extremely outside chance possibility but nearly impossible odds” that the stock actually bounces…
Bought to Close WTW FEB 1 2019 40.0 Calls @ .30 (sold yesterday @ .75)
WYNN
#LongCalls #LEAPS – I’ve got some exposure in one account with covered stock so closing a tiny position in a different account that was just the LEAPS. Gradually getting more streamlined where I can be less active and settle in for the long term on just a few tickers.
Bought to Close WYNN JAN 18 2019 110.0/125.0 Bear Call Spread
Sold to Close WYNN JAN 15 2021 130.0 Calls
All said and done lost .62 on a 2 lot…
WTW
#LongCalls #LEAPS – Another round. Getting quite a bit below my LEAPS so starting to ratio the sales a little…
Bought to Close 5 WTW JAN 18 2019 44.0 Calls @ .05 (sold for .85)
Sold 3 WTW FEB 1 2019 40.0 Calls @ .75
OLED
#ShortCalls -Nice rally today…stopped out a previous sale for over half of max profit and sold another batch too early…
Bought to Close OLED JAN 18 2019 100.0 Calls @ .50 (sold for 1.50)
Sold OLED FEB 1 2019 97.5 Calls @ 1.30
WYNN
#CoveredCalls #IRA – Rolling….
Rolled WYNN JAN 11 2019 110.0 Call to FEB 15 2019 120.0 Call @ even
Slow week…
Working most of the week so not much going on here. Waiting for some earnings dates to get confirmed before selling much more.
UNG
#LongPuts #LEAPS -I’m a little disappointed in this one. It could’ve been a really good one but nat gas just imploded way faster than I thought was possible and my ratio was a little high on the put sales. On the bright side, between this and BOIL the Nov spike worked out ok.
Bought to Close UNG FEB 15 2019 29.0 Puts
Sold to Close UNG JAN 17 2020 28.0 Puts
All said and done it’s a .50 winner on a 15 lot…
WTW
#LongCalls #LEAPS – Stock could be going to zero 🙂
Bought to Close WTW JAN 11 2019 46.0 Calls @ .05 (sold for .70)
OLED
#ShortCalls – I’ll be out most of the next few days but did get one fill this morning…
Bought to Close OLED JAN 11 2019 100.0 Calls @ .05 (sold for 1.75)
AMAT
#LongCalls #LEAPS – Booking full position double sales and replacing with a tighter 4×10 ratio…
Bought to Close AMAT JAN 11 2019 37.0 Calls @ .05 (sold for .32)
Bought to Close AMAT JAN 18 2019 39.0 Calls @ .07 (sold for .31)
Sold AMAT FEB 1 2019 36.0 Calls @ .65
EWW REGN TNA UVXY WYNN
#LongCalls #LongPuts #LEAPS – Rolling some and booking some….
EWW: Precautionary…
Bought to Close EWW JAN 4 2019 42.5 Calls @ .15 (sold for .36)
REGN: Selling against ITM bull put spreads…
Rolled REGN JAN 4 2019 385.0 Call to FEB 1 2019 405.0 Call @ .09 credit (should be prior to earnings)
TNA: Booking over sales early just in case the rally continues…
Bought to Close TNA JAN 11 2019 50.0 Calls @ .26 (sold for .90)
Bought to Close TNA JAN 11 2019 55.0 Calls @ .03 (sold for .82)
UVXY: Rolling short puts…long puts finally starting to help. Added a couple BeCS also…
Rolled UVXY JAN 4 2019 80.0 Puts to FEB 1 2019 72.5 Puts @ .65 credit
Rolled UVXY JAN 4 2019 81.0 Puts to FEB 15 2019 70.0 Puts @ .26 credit
Sold UVXY JAN 18 2019 80.0/85.0 Bear Call Spreads @ 1.17
WYNN: Booking over sales early just in case the rally continues…
Bought to Close WYNN JAN 11 2019 114.0/124.0 Bear Call Spreads @ .85 (sold for 1.05)
TQQQ
#CoveredCalls – Adding one here. This is against some of my lower basis stock…
Sold TQQQ FEB 15 2019 44.0 Call @ 1.35
WTW
#LongCalls #LEAPS – 105 down to 37 and I still plan on making money on this…LOL. I sure know how to pick ’em!
Sold WTW JAN 25 2019 43.5 Calls @ .60
Market Tide indicator today…
#Scalping -Been in and out today so no trade (fuzzy skeered…LOL) but the indicator seems to be working nicely in the chop.
OLED
#ShortCalls – Stops set on previous call sales so adding a half position here prior to earnings. See if I can talk it into a small recovery…
Sold OLED JAN 25 2019 97.5 Calls @ 1.20
CELG
Bristol-Myers to buy Celgene in a $74 billion deal; Celgene shares surge…
https://www.cnbc.com/2019/01/03/bristol-myers-to-buy-celgene-in-a-74-billion-deal.html
That turned ugly quickly….
Guess the meeting didn’t go so well….buckle your seat belts.
Alpha Shark Indicator
@MamaCash – Have you used it much? Finally got a chance to watch it for a day and liking the possibilities. Haven’t done anything live yet but the last long signal on the NQ futures finally went short this afternoon after a 240 point run…
NVDA
#ShortPuts #IRA – Should be a week or two prior to earnings. Selling here allows an easy rolldown into earnings or booking a profit and selling again in earnings week.
Sold NVDA FEB 01 2019 120.00 Put @ 2.45
CME
#ShortStrangles – Loosely following some Whiz trades on this…only one contract just for fun. Should be prior to earnings…
Sold CME JAN 18 2019 180.0/200.0 Strangle @ 2.48
TNA
#CoveredCalls – Selling a new batch…
Sold TNA FEB 1 2019 50.00 Calls @ 1.15
TNA
#CoveredCalls – First winner of the year…yaay!
Bought to Close TNA JAN 18 2019 60.00 Calls @ .05 (sold for 2.15)
Jan 2, 2019 New Year
#HappyNewYear – Slow start to the year. Just letting some sales decay…
RTN WTW WYNN
#LongCalls #LEAPS – Made it in just in time for a couple trades…
RTN:
Bought to Close RTN JAN 4 2019 175.0 Calls @ .04 (sold for .62 as BeCS)
Sold RTN JAN 18 2019 165.0/175.0 Bear Call Spreads @ .60
WTW: Should be before earnings…
Sold WTW JAN 18 2019 44.0 Calls @ .85
WYNN: No new sales…closed some extras
Bought to Close WYNN JAN 4 2019 115.0 Calls @ .05 (sold for 1.55)
Happy New Year!!
BABA and the long LEAPS idea…
#LongCalls #LEAPS – Something I’ve been considering for awhile now that things have dropped so much. Looking at getting into a long term BABA position. Instead of buying LEAPS at the money I’m considering going out of the money further to save a lot of cash up front and then just selling the weeklies more conservatively.
Looking at LEAP strikes in 2021 somewhere in between it’s current range. It’s traded from 130 up to 210 so halfway is about 170. Could even go to 180 and get that for half of what the 130 would cost. On a recovery it will still make good money but not require a whole lot of weekly selling to get the cost back.
No position yet…
more UVXY
UVXY
UVXY
OLED
#ShortCalls against #BullPutSpreads – More risk off on extra sales.
Bought to Close OLED JAN 4 2019 110.0 Calls @ .20 (sold for 1.15)
XBI
#LongCalls #LEAPS – Booking a full position and selling a half position.
Bought to Close XBI JAN 4 2019 77.0/82.0 Bear Call Spreads @ .09 (sold for .71)
Sold XBI JAN 18 2019 77.0 Calls @ .76
TQQQ
#LongCalls #LEAPS – Pounded this one pretty hard all the way down. Staying careful now to get out of the way in case of a big rally. Closing more extra sales for profits.
Bought to Close TQQQ JAN 11 2019 43.0 Calls @ .40 (sold for .67)
DG
#BullPutSpreads – Giving back a little of the profits booked on the way down and getting deltas back in balance. Selling against 110/90 bull put spreads so all good overall.
Bought to Close DG JAN 11 2019 109.0 Calls @ 1.35 (sold for .92)
WTW
#LongCalls #LEAPS – Triple sales on this one so taking some upside risk off even though these were still very safe. Not getting greedy here…
Bought to Close WTW DEC 28 2018 48.5 Calls @ .15 (sold for 1.85)
AAOI
#CoveredCalls – I’ve finally begun the long slog to as much of a recovery as I can get. Early assigned on Jan 2020 70 strike puts a few weeks ago. (70 strike with a basis of 53.75…uugh). I am long some Jan 2020 12.5 puts that are nicely profitable but not booking those yet.
Replacing this week’s covered call expiration. (sold for .40)
Sold AAOI JAN 18 2019 17.0/25.0 Bear Call Spreads @ .49
Looking for a buck a month and a little recovery in the stock to get out. Using spreads in case we wake up one day and they’re getting bought out for 50 bucks (not sure who would want them…LOL). At some point a bankruptcy will be more beneficial with my long puts but for now still need some basis reduction.
MO
#LongCalls #LEAPS – Small position in a low priced stock. Need 4 cents per week out to 2021. 🙂 Already recovered 25 percent of the LEAPS cost.
Bought to Close MO DEC 28 2018 53.0 Calls @ .02 (sold for .36)
Sold MO JAN 18 2019 51.0 Calls @ .53 (one week prior to earnings hopefully)
SMH
#LongCalls #LEAPS – More oversales. Taking these off at 50 percent of max…
Bought to Close SMH JAN 11 2019 91.0/96.0 Bear Call Spreads @ .33 (sold for .71)
TNA
#LongCalls #LEAPS – Oversales on these also. Haven’t replaced them (yet)…
Bought to Close TNA JAN 4 2019 55.0 Calls @ .02 (sold for .52 as BeCS)
DG
#ShortCalls #BullPutSpreads – Triple sold these so taking the stop out on this batch at a decent profit…
Bought to Close DG JAN 4 2019 110.0 Calls @ .44 (sold for .70)
SMH TQQQ UVXY WYNN
#LongCalls #LongPuts #LEAPS #CoveredCalls – Selling the rip again…
SMH: Double dip next week…
Bought to Close SMH JAN 4 2019 94.0 Calls @ .04 (sold for .55)
Sold SMH JAN 4 2019 86.0 Calls @ .70
TQQQ: Covered…
Sold TQQQ FEB 15 2019 40.0 Call @ 1.70
UVXY: Double and triple dips…
Rolled UVXY DEC 28 2018 75.0 Puts to DEC 28 2018 81.0 Puts @ .90 credit
Rolled UVXY JAN 4 2019 65.0 Puts to JAN 4 2019 75.0 Puts @ 1.13 credit
WYNN: Covered…
Sold WYNN JAN 18 2019 105.0 Call @ 1.80
Alpha Shark Indidcator
@hcgdavis – Hey Chris. I just purchased the indicator for the opening price. Forwarded the email received after purchase to you and Bryan. Thanks!
OLED REGN UVXY
#LongCalls #LongPuts #LEAPS #BearCallSpreads -A couple late fills…
OLED:
Bought to Close OLED DEC 28 2018 105.0 Calls @ .05 (sold for 1.10)
REGN:
Bought to Close REGN DEC 28 2018 385.0 Call @ .10 (sold for 2.20)
UVXY:
Rolled UVXY JAN 4 2019 70.0 Puts to JAN 4 2019 75.0 Puts @ 1.14 credit
RTN
#LongCalls #LEAPS – Not interested in carrying this one to 2021 unless I have to. Selling spreads well OTM shooting for even and then so long RTN! Need .23 per week to get to even…
Bought to Close RTN DEC 28 2018 177.5 Calls @ .02 (sold for .58 as BeCS)
Sold RTN JAN 11 2019 162.5/172.5 Bear Call Spreads @ .69
UNG
OLED
#ShortCalls – A couple nearer term positions are nicely profitable with stops set so adding a new one. Outside the expected move and prior to earnings…
Sold OLED JAN 18 2019 100.0 Calls @ 1.50
LABU NVDA STX TNA TQQQ
#CoveredCalls – Assigned some shares so getting the covered calls working right away. Selling slightly below basis so won’t hesitate to roll on a rally. Sales on individual stocks are (hopefully) prior to next earnings.
LABU:
Sold LABU FEB 15 2019 35.0 Call @ 1.68
NVDA:
Sold NVDA FEB 01 2019 145.0 Call @ 4.50
STX: Nice divvy down here…
Sold STX JAN 18 2019 40.0 Calls @ .68
TNA:
Sold TNA FEB 15 2019 45.0 Call @ 1.75
TQQQ:
Bought to Close TQQQ JAN 04 2019 45.0 Call @ .05 (sold for 1.60)
Sold TQQQ FEB 15 2019 40.0 Call @ 1.60
BOIL UVXY TQQQ
#LongCalls #LongPuts #LEAPS #BearCallSpreads – A few fills at the open…
BOIL:
Bought to Close BOIL MAR 15 2019 50.0/60.0 Bear Call Spreads @ 1.25 (sold for 3.00, 3.25, 4.27)
UVXY:
Bought to Close UVXY DEC 28 2018 65.0 Puts @ .07 (sold for 2.75)
Sold UVXY JAN 4 2019 70.0/60.0 Bull Put Spreads @ 1.00
Rolled UVXY JAN 4 2019 62.5 Puts to JAN 4 2019 70.0 Puts @ .82 credit
TQQQ:
Bought to Close TQQQ JAN 4 2019 47.0 Calls @ .05 (sold for .63 as BeCS)
Sold TQQQ JAN 18 2019 39.0/45.0 Bear Call Spreads @ .70
UVXY
WTW
#LongCalls #LEAPS – Prior sale is over 50 percent green and the one before that is practically worthless. Staying out in time and adding outside the expected move.
Sold WTW JAN 11 2019 46.0 Calls @ .70
OLED
#ShortCalls – Let’s see if we can talk this thing into an up move. Selling aggressively at the expected move and the 50ma resistance…(I usually try to be just outside those)
Sold OLED JAN 11 2019 100.0 Calls @ 1.75
Options Bistro 