Looks like the market is happy with the testimony so far…
Author Archives: fuzzballl
/ES Hedge
#ButterflyHedge – Just for fun…centering it down near last week’s lows expiring this Friday…
Bought to Open BUTTERFLY /ES APR 18 (Wk2) 2560/2550/2540 PUT @ .35
I did it 5 times risking 90 to make 2400
FB
#LongCalls – I agree with Whiz and @jsd501 . Facebook isn’t going out of business any time soon and premiums are fantastic. Going with the basic long calls and selling against them. Only 1.50 more out of pocket up front but a 2.70 less max loss vs the synthetic.
Bought to Open FB JAN 18 2019 160.0 Calls @ 18.50
Only going out to Jan 2019 so 41 weeks to cover max loss requires 45 cents per week. This particular trade doesn’t even seem that directional. With the premiums available (Zuck testifying and earnings approaching) a big chunk of this will be recovered in the first 3 weeks. Even at just a dollar a week the trade makes 22.50.
So:
Sold FB APR 13 2018 162.5 Calls @ 1.64
Synthetic Thoughts
FWIW…just some random things going through my mind (scary, I know!) concerning these longer term positions I’ve been trading.
1. If the stock implodes just after setting the trade the overall position will show a big loss initially. As time goes by, further drops won’t be quite as extreme.
2. What will a synthetic look like at expiration if it’s sitting at max loss? Correct me if I’m wrong:
Long call will be at zero and the short put and disaster put will be showing a loss equal to their width.
3. By using 2 above, I can calculate how much more possible downside is sitting in the current position….if you want to assume the worst that we wake up tomorrow and the market has sold off so far that all synthetics immediately go to max loss…and can my account handle that?
4. How would I handle a worse case scenario whipsaw near the end of the trade that results in the weekly short calls being well in the money but below the core at expiration? Chances are if it gets to that point there’s a ton of profit realized already. I could take the loss on the short calls and move on down the road or…what I would probably do is roll the calls up and out and set up a new synthetic and start all over since the stock could be recovering at this point.
5. I’ve looked around online and there are lots of sites talking about the LEAP diagonals but most only concern themselves with just selling monthlies and if you’re wrong on the direction to just take the losses and look for something else. Can’t find anyone talking about selling weekly for the entire duration and the profit potential of that. Maybe I’m missing something…
Good luck everyone!
FB
Ol’ Whiz had been calling for a Facebook implosion for quite awhile. His latest update though has a switch in his longer term sentiment on it. He’s saying a longer term position could be worthwhile now since he’s predicting “The Zuck” is going to resign and take a token position in the company and they’ll bring someone new in to take over the reigns. This will all be good for the company and possibly get them out of the daily news cycle…(worked for WYNN I guess…LOL).
I may take a shot…possibly synthetic but more than likely just buying some 2019 LEAPS and sell weekly against them. Premiums are great and shouldn’t take any time at all to recover the initial investment then everything else through the end of the year is pure profit.
#BullCallSpreads – Thanks @mortlightman and…
#BullCallSpreads – Thanks @mortlightman and @Jeff for the idea. Made 1.30 on the last one so re-loading here…
Bought to Open SPX MAY 18 2018 2780.0/2800.0 Bull Call Spread @ 1.50
SLB
#SyntheticStock – 65’s expiring today (sold for .90). Replacing those with next week with earnings the following week.
Sold SLB APR 13 2018 65.5 Calls @ .61
CELG
#SyntheticStock – Selling below the July core so trying to stay cautious. Replacing this week’s 90/95 BeCS expiration.
Switching back to naked and selling right at the descending 50ma.
Sold CELG APR 13 2018 92.0 Calls @ .50
TLT
#PerpetualRollingStrangles – Was a little early but another good week for this one…
Bought to Close TLT APR 6 2018 121.0 Calls @ .15 (sold for .70)
Sold TLT APR 13 2018 120.5 Calls @ .56
DG
#SyntheticStock – Another small roll…
Rolled DG APR 6 2018 93.0 Calls to APR 20 2018 94.0 Calls @ .10 debit
EWW
#SyntheticStock – Trying to keep these rolls to within a couple weeks even if it’s a small debit. Plenty of weekly premium brought in recently to use a little for the roll.
Rolled EWW APR 6 2018 51.0 Calls to APR 20 2018 51.5 Calls @ .08 debit
XOM
#SyntheticStock – Rolling the weekly out and up. Small debit but picking up another 71 cents of upside while staying in the week prior to earnings.
Rolled XOM APR 6 2018 74.0 Calls to APR 20 2018 75.0 Calls @ .29 debit (originally sold for .60)
LUV
#SyntheticStock – Since I already sold next week I’m booking these just for safety. Another big up day tomorrow and the position would end up way too short…
Bought to Close LUV APR 6 2018 57.5 Calls @ .21 (sold for .54)
AZO
#BullCallSpread – Rolling the short call side down into strength for a nice credit. Narrowing the spread from 100 to 50. Getting close to a freebie with weekly sales against.
Rolled AZO JAN 18 2019 760.0 Call to JAN 18 2019 710.0 Call @ 14.30 credit
Position is now:
Jan 2019 660/710 BuCS @ 11.50 debit
XBI
#SyntheticStock – Looks like it’s easing below the 200ma so I’m selling just above it…
Bought to Close XBI APR 6 2018 89.0 Calls @ .06 (sold for .83)
Sold XBI APR 13 2018 86.0 Calls @ 1.05
AZO
#BullCallSpreads – Letting this week’s expire so selling next week…cost basis reduction in the Jan Bull Call Spread…
Sold AZO APR 13 2018 640.0/670.0 Bear Call Spread @ 2.55
REGN
#SyntheticStock – With the weak market I’m rolling this thing back in and down. Hopefully can get it off the books a week sooner freeing up an extra sale.
Rolled REGN APR 20 2018 350.0 Calls to APR 13 2018 340.0 Calls @ .36 credit
TSLA
#ShortStrangle – Had a one lot strangle where I closed the put side as the stock started imploding. Continuing to sell the call side while waiting to add the put side back in at some point.
Sold TSLA APR 13 2018 290.0 Call @ 1.45
PYPL
#SyntheticStock – Going out another week…
Bought to Close PYPL APR 6 2018 78.5 Calls @ .05 (sold for .80)
Sold PYPL APR 13 2018 76.0 Calls @ .94
LUV
#SyntheticStock – Order in to cover this week’s at a nickel. Selling next week into the tiny up move…
Sold LUV APR 13 2018 56.0 Calls @ .68
VXX
#BearPutSpreads – Selling against my Jan 2019 50/30 Bear Put Spreads….trying to gradually cover the debit.
Sold VXX APR 13 2018 46.0/41.0 Bull Put Spreads @ .63
OLED
#SyntheticStock – Selling well below the core but still bringing in enough to cover the repair of an old earnings strangle. Double sale with this week’s still running…
Sold OLED APR 13 2018 103.0 Calls @ 1.95
CRUS
#SyntheticStock #LongCalls – If I can close for a nickel on Mon or Tue and get next week’s sale going it’s well worth it to pay up I think…
Bought to Close CRUS APR 6 2018 43.5 Calls @ .05 (sold for .50)
Sold CRUS APR 13 2018 40.5 Calls @ .65
XLY
#SyntheticStock – I’m going to keep aggressively selling the rips for at least another week especially while premiums are so juicy…
Bought to Close XLY APR 6 2018 103.5 Calls @ .05 (sold for .73)
Sold XLY APR 13 2018 100.5 Calls @ .93
UVXY
#BearCallSpreads – Going up and out to Sep for this one…
Sold UVXY SEP 21 2018 30.0/40.0 Bear Call Spreads @ 1.20
Happy Easter!
Enjoy the long weekend everyone! Resting up…16 underlyings with expirations next week. Gonna be fun!
VXX
#BullPutSpreads – Closing the short side of BuPS sales that I sold to finance Jan 2019 BePS. I’ll leave the long side and maybe get lucky next week.
Bought to Close VXX APR 6 2018 40.5 Puts @ .05 (sold spread for .47)
REGN
#SyntheticStock – Been selling against this all the way down. It’s in a squeeze and attempting to get off the ground but seems to get rejected right around this level each time. Rolling up and out a little for now…
Rolled REGN APR 6 2018 340.0 Calls to APR 20 2018 350.0 Calls @ .40 credit
AZO
#BullCallSpreads – Letting this week’s expire so selling next week…cost basis reduction in the Jan Bull Call Spread…
Sold AZO APR 6 2018 660.0/690.0 Bear Call Spread @ 2.50
XBI
#SyntheticStock #IRA – Thanks @1strangealien for getting this one back on my radar. I’ll take a shot out in Jan.
Bought to Open XBI JAN 18 2019 88/88/86 Synthetic Stock @ 7.69 (filled better than mid)
Max loss of 9.69 with 42 weeks to run requiring 23 cents per week to cover.
So:
Sold XBI APR 6 2018 89.0 Calls @ .83
FAS
#SyntheticStock – Getting the next sale going. Going out two weeks to give it a little room with much better premium with bank earnings cranking up. JPM on the 13th and MS GS and BAC the following week so premiums should be pretty sweet that week too.
Bought to Close FAS MAR 29 2018 65.5 Calls @ .03 (sold for .85 as a bonus week 🙂 )
Sold FAS APR 13 2018 65.0 Calls @ 2.15
LUV
#SyntheticStock – Looks safe this week so selling next week on this tiny pop…
Sold LUV APR 6 2018 57.5 Calls @ .54
XOM
#SyntheticStock – Next week’s sale…still a weak looking chart but starting to form a nice squeeze. Gonna see if I can “squeeze” in one more aggressive weekly before this thing rebounds and runs to glory (or not 🙂 ). Jumped the gun on it…could do a little better now.
Sold XOM APR 6 2018 74.0 Calls @ .60
XOM
#SyntheticStock – Right at the bell…no time to sell next week.
Bought to Close XOM MAR 29 2018 74.5 Calls @ .03 (sold for .48)
EWW
#SyntheticStock – Core position is all the way out to 2020 requiring .10 per week to cover max loss. Weak market so I will continue aggressive selling. Pretty good weekly income while it grinds around. Gonna throw this out as an example of how I’m trying to keep the big picture on how these will hopefully turn out some day.
10 lot Jan 2020 48/48/46 synthetic with max loss now reduced to about 8900. That’s actually a little high too since I rolled a small loss on a strangle into the synthetic cost.
30 cents per week in sales for the next 94 weeks brings in 28200. Assuming max loss then total gains are 19300. Over two years against 3800 in margin is about 150 percent annualized on margin. These are rough numbers but still something to keep in mind looking on down the road. Do that in 10 different underlyings and you’ve got a pretty good annual income that’s (hopefully) low risk. Running the numbers for 40 cents per week and 50 cents per week really starts getting interesting especially when factoring in the possibility of not taking max loss!
It’s tough watching the drawdowns when the core is getting hit but looking out further helps a lot. If the stock tanks right after you set the trade the drawdown will be pretty tough to watch but realizing it is capped with plenty of time to continue selling helps a lot. Adding up the max loss on all the positions is a nice way to figure out what your absolute bottom could look like overall also. Knowing this will help control position size. Each weekly sale over and over again reduces that ultimate max drawdown number.
Bought to Close EWW MAR 29 2018 51.5 Calls @ .03 (sold for .40)
Sold EWW APR 6 2018 51.0 Calls @ .50
TQQQ
#ShortPuts #IRA – Thanks again @jsd501 …..
Sold TQQQ MAY 18 2018 80.0 Put @ 2.00
Sold TQQQ SEP 21 2018 80.0 Put @ 6.50
NVDA
#ShortStrangles – Rolling the call side down to near all time highs for additional credit…
Rolled NVDA APR 27 2018 265.0 Calls to APR 27 2018 250.0 Calls @ 1.73 credit
TSLA
#ShortStrangles – Even though it’s only a one lot strangle, I’m going to play it cautiously. Closing the short put and will continue to sell calls or call spreads to get back to even as long is the stock is below about 300. Could be setting myself up for a whip saw but there’s no telling how low it can go. Once a little bit of good news comes out I may start selling the put side again.
Bought to Close TSLA APR 27 2018 312.5 Put @ 54.90
Sold against next week’s 300 call. Total premium received so far of 22.65.
CELG
#SyntheticStock – Getting a jump start on next week’s sale. Haven’t close this week’s yet and since it’s in an IRA I’ll need to sell a spread instead. Trade is a shorter one only out to July. Sitting well below the core and needing 36 cents per week to cover max loss.
Sold CELG APR 6 2018 90.0/95.0 Bear Call Spreads @ .53
TSLA
#ShortStrangle – Rolled the put side out and down yesterday. Selling calls against it….with 5 or 6 dollars a week available on the call side the put shouldn’t get hurt too badly.
Bought to Close TSLA MAR 29 2018 305.0 Call @ .80
Sold TSLA APR 6 2018 300.0 Call @ 6.05
Position is Apr 6 300 call and Apr 27 312.5 put @ 22.65 credit
Stock gets in between the strikes again then that’s good. Stock keeps dropping then my basis on the short put is 289.85 with 3 more weeks to sell before deciding on the put.
NVDA
#ShortStrangles – Been looking to get back in this thing. Self driving technology put on hold temporarily is the rumor. Selling strangles 30 days out and before earnings. Puts below the 200ma and calls well above all time highs.
Sold NVDA APR 27 2018 195.0/265.0 Strangles @ 4.15
UVXY
#BearCallSpreads – A small one out to April…
Sold UVXY APR 20 2018 24.0/34.0 Bear Call Spreads @ .70
TLT
#PerpetualRollingStrangles – Just to give it a little more room….
Bought to Close TLT MAR 29 2018 120.5 Calls @ .31 (sold for .62)
Sold TLT APR 6 2018 121.0 Calls @ .40
FAS
#SyntheticStock #LongCalls – With my margin hog AMZN position out of the way now it’s time to start looking for new opportunities. I’d like to stay involved in the banks so this seems like a good way to do it. Wasn’t having much luck out in 2020 with the market makers for a 2 strike wide synthetic. Instead, just going to Jan 2019 and buying the straight calls. (only 5 wide strikes in 2019 anyway). As @hcgdavis pointed out, the weekly premium is really nice in this ticker.
Bought to Open FAS JAN 18 2019 65.0 Calls @ 10.50
Max loss of 10.50 with 42 weeks to run so need 25 cents per week to cover.
So: (premiums are so good that this is a freebie. 42 weeks to go is AFTER this week…crazy!)
Sold FAS MAR 29 2018 65.5 Calls @ .85
XLY
#SyntheticStock – With my margin hog AMZN position out of the way now it’s time to start looking for new opportunities. Whiz pointed this one out the other day. AMZN is a big chunk of it so a cheaper way to stay involved. Pretty nice weekly premium as well.
Bought to Open XLY JAN 18 2019 102/102/100 Synthetic @ 6.50
Max loss of 8.50 with 42 weeks to run so need 20 cents per week to cover.
So:
Sold XLY APR 6 2018 103.5 Calls @ .73
SLB
#Earnings – For anyone trading along in this, the earnings date is now confirmed for Apr 20th. I’ll be trying to keep all the weekly sales prior to that and then decide whether to sell, close, or sit out the announcement.
First one in my current positions list to confirm a date…
TSLA
#ShortStrangles – Fun little single contract position I’ve been playing with….rolling every week to inverted or straddle or strangle or whatever is needed.
Currently sitting at this week’s 332.50/305.00 Inverted @ 17.40 total premium
Weekly premium is through the roof so taking a more traditional approach. Rolling the put side out and down to what I hope is just prior to earnings. Letting this week’s short call side hopefully expire and then continuing the weekly call sales against the short put.
Rolled TSLA MAR 29 2018 322.5 Put to APR 27 2018 312.5 Put @ .40 debit
DG
#SyntheticStock – This week’s 95.5s look safe so adding next week’s sale into the pop.
Sold DG APR 6 2018 93.0 Calls @ .95
SLB
#syntheticStock – Selling up into resistance again…
Bought to Close SLB MAR 29 2018 68.0 Calls @ .03 (sold for .27)
Sold SLB APR 6 2018 65.0 Calls @ .90
CRUS REGN VXX
#SyntheticStock #LongCalls #BearPutSpreads #BullPutSpreads – Selling what I didn’t get a chance to on Friday. Glad I waited on these. Going out another week to take advantage of the entire 3 day weekend…
Sold CRUS APR 6 2018 43.5 Calls @ .50
Sold REGN APR 6 2018 340.0 Calls @ 2.11
Sold VXX APR 6 2018 40.5/37.5 Bull Put Spreads @ .47
AMZN
#SyntheticStock – Big change today….finally deciding on booking this after being in it for quite a few months. It’s a margin hog in the #IRA so I’m hoping for better places to put the cash to work on this pullback. It’s been a struggle working the ITM weekly up but finally got an acceptable profit out of it…(nothing like it could’ve been though).
Sold AMZN JUN 21 2019 1350.0/1350.0/910.0 Synthetic
Bought AMZN APR 27 2018 1350.0 Call
Total gain of 61 points…
TLT
#SyntheticShort – The weekly hedge against a small synthetic short I’ve been playing with…
Bought to Close TLT MAR 23 2018 117.5 Puts @ .01 (sold for .49)
Sold TLT APR 6 2018 118.5 Puts @ .41
LUV
#SyntheticStock – Pretty good week in this ticker in spite of the selloff. Booked 80 cents with the double selling. Not bad when only 14 cents is required. Looking to next week now…
Sold LUV MAR 29 2018 58.0 Calls @ .45
GLD
#SyntheticStock – Been trying to get out of this at even or at least reduce the size a little. Fought the hedge the entire time. Until two days ago I thought I was successful but now on another massive run. Rolling the weekly all the way out to May to give it some room. See how the next week or two goes….keeps running I can probably close the position. If it tanks I’ll have to roll it back in and down. Looks to be at resistance but you never know.
Rolled GLD MAR 23 2018 125.0 Calls to MAY 18 2018 127.0 Calls @ .06 credit
AZO
#BullCallSpreads – Letting this week’s expire so selling next week…cost basis reduction in the Jan Bull Call Spread…
Sold AZO MAR 29 2018 660.0/680.0 Bear Call Spread @ 2.12
AAOI
#ShortStrangles #SyntheticStock – Still a dog and I’m still selling. Getting to the point now where a massive whipsaw is a concern (or a big buyout similar to GMCR back in the day). Letting the leash out a little and selling spreads. Still bringing in the min needed to cover the synthetic side of the repair. It’s a little less than I need for the short strange side but those can always be rolled indefinitely. Also letting this week’s short calls expire…
Sold AAOI APR 20 2018 27.0/31.0 Bear Call Spreads @ .65
SPX
#RocketManhedge – I’m officially retiring this experimental hashtag with good news and bad news. First the bad news…
Was out yesterday and missed my chance to roll out and down my short weekly so the hedge didn’t do any good at all…it was actually down yesterday. So today I closed the whole thing at a loss since it’s not working and is really getting me sidetracked watching other positions.
Did 4 of these in total with 3 winners and one loser but still a net loss of 28 points…
Now, the good news. With my accounts being more heavily weighted in synthetics I’ve found the big overall hedge isn’t really needed since most of these positions have the hedges already built in. It’s really been noticeable during these 2 recent selloffs we’ve had. More good news is the fact Sue mentioned TheoTrade the other day so I’ve been getting his free videos. Came across this one that I really liked and will be putting these on from now on when the market is getting to extremes. I’m also wondering if something similar would work to the long side as well…haven’t even checked and have no idea since that just crossed my mind while typing this…LOL
FB
Whiz’s take on Facebook…
XOM
#SyntheticStock – Late fills…
Bought to Close XOM MAR 23 2018 75.5 Calls @ .03 (sold for .35)
Sold XOM MAR 29 2018 74.5 Calls @ .48
VXX
#BearPutSpreads – One fill today on the short side of BuPS sales to finance BePS
Bought to Close VXX MAR 23 2018 38.0 Puts @ .01 (sold for .53 as part of 38/33 BuPS)
Did I miss anything?
Picked a good day to exchange, renew, and re-activate all my Comcast stuff down here. Boring day?? 🙂
CELG
#SyntheticStock – I’ll generally leave these closing orders in for a nickel through Wednesday. After that I’ll lower them to about .03 on Thursday and then .02 or .01 on Friday. Figuring I can pay the nickel on Wed and make it up by getting to sell next week’s a few days early.
Bought to Close CELG MAR 23 2018 93.0 Calls @ .05 (sold for .47)
Sold CELG MAR 29 2018 91.0 Calls @ .61
DG
#SyntheticStock – Another sale…
Bought to Close DG MAR 23 2018 97.0 Calls @ .05 (sold for .80)
Sold DG MAR 29 2018 95.5 Calls @ .74
PSA TXN UNP XBI
Freeing up some cash in the #401k. Planning on moving part of it into a longer term hold and re-balance strategy for a longer term time frame similar to this:
https://portfoliocharts.com/portfolio/golden-butterfly/
Bought to Close PSA JUN 15 2018 160.0 PUT @ .45 (sold for 2.50)
Bought to Close TXN APR 20 2018 105.0 PUT @ 1.23 (sold for 3.00)
Bought to Close TXN APR 20 2018 100.0 PUT @ .50 (sold for 1.90)
Bought to Close UNP MAY 18 2018 125.0 PUT @ 1.10 (sold for 3.70)
Bought to Close UNP MAY 18 2018 120.0 PUT @ .70 (sold for 2.45)
Bought to Close XBI JUN 15 2018 75.0 PUT @ .65 (sold for 2.13)
MGM
#SyntheticStock – Looks like it might be running out of gas here (as I’m typing this it’s rallying 🙂 ). Booking a small winner and looking for something with some better upside potential. these were just straight calls instead of synthetic. 37 cents per contract gain…been in and out of this ticker a few times so overall adding up nicely.
Bought to Close MGM APR 6 2018 36.5 Calls
Sold to Close MGM JAN 18 2019 35.0 Calls
LUV
#SyntheticStock – Was seriously considering booking this one yesterday since it was up 2 dollars per spread…so much for that. Looks like the weekly selling will continue.
Bought to Close LUV MAR 23 2018 60.0 Calls @ .05 (sold for .60)
OLED
#SyntheticStock – Partial fill on a 2 lot…LMAO!
Bought to Close OLED MAR 23 2018 133.0 Call @ .05 (sold for 1.50)
AMZN
#SyntheticStock – I normally have to go out a month to roll my short term hedge up 10 bucks (unless volatility is really high) then I can go up 20 sometimes. Today I’m using the volatility pop along with the big pullback to go out just one week and still get most of the 10 point upside. This is more than likely a roll into earnings week also which helps.
Rolled AMZN APR 20 2018 1340.0 Call to APR 27 2018 1350.0 Call @ .75 debit.
Interesting year…might not make much but will learn a lot…
#SyntheticStock – It’s these kind of days that make me glad I hedged a little with weeklies. It’s also tough trusting the process of the weekly sales to cover max loss. Looks like we’re gonna learn how it actually plays out over the long run to end of year. As some of these drop the danger of a whipsaw with the weekly hedge grows. I’m planning on selling very carefully and possibly using spreads when selling much below the core and not getting too greedy…mainly just selling near the min required to cover max loss. I’ll probably run through all my positions this week and update what’s needed each week.
Also, I’m trying not to get caught up in P/L YTD….SVXY already blew that. I’m more concerned about actual realized gains represented by positions that are closed…(helps psychologically for sure) 🙂 🙂
TSLA
#ShortStrangle – Becoming more trouble than it’s worth…LOL
Currently short this week’s 335 straddle @ 16.40
Closing the call and rolling the 335 put into a new inverted strangle (310/300) for next week. Did the whole thing for a .89 credit.
BIIB
#ShortPuts – Strictly risk management…
Bought to Close BIIB APR 20 2018 250.0, 255.0, and 260.0 Puts
Sold to Close BIIB APR 20 2018 220.0 Puts @ .30
Made about 50 bucks after commissions. Still like the ticker but feel like I’ve got enough biotech going already…
SPX
#RocketManHedge – Rolling my short weekly out and down to Friday. Hedge is out in May so might have to keep easing it down for now…
Rolled SPX MAR 19 2018 2750.0 Put to SPX MAR 23 2018 2740.0 Put @ 2.00 credit
DECK
#ShortStrangles – Sold last week on the dip to the 50ma…slightly bigger position so happy to take the 78 cents.
Bought to Close DECK APR 20 2018 75.0/105.0 Strangles @ .52 (sold for 1.30)
ANET
#ShortStrangles – Originally sold after the big earnings drop…
Bought to Close ANET JUN 15 2018 175.0/400.0 Strangle @ 2.20 (sold for 6.00)
TSLA
#ShortStrangles – It’s a day of taking a little risk off in the tickers that were helped by the pullback. Sold these at different times squeezing the strikes in a little so the wider ones were more profitable…
Bought to Close TSLA JUN 15 2018 170.0/510.0 Strangle @ 2.04 (sold for 6.01)
Bought to Close TSLA JUN 15 2018 180.0/500.0 Strangle @ 2.45 (sold for 4.60)
Bought to Close TSLA JUN 15 2018 190.0/470.0 Strangle @ 3.17 (sold for 3.49)
Options Bistro 