fuzzballl 7:31 pm on Friday, March 24, 2017
Tags: VXXGame ( 769 )

SVXY UVXY….what if?

With our recent increase in SVXY and UVXY trading I thought it might be a good time to pull this out of the archives…

http://seekingalpha.com/article/2250783-how-uvxy-and-svxy-would-have-reacted-in-2008-and-2011?page=7

UVXY to 222 and SVXY to 3? Run that through the TOS analyze tab with current positions and see how it looks. Not a pretty site. Chances are slim but anything is possible with the chance of things going bump in the night over in North Korea or the South China Sea. Let’s be careful out there!

#vxxgame

fuzzballl 11:32 am on Friday, March 24, 2017

Earnings….already?

Starting to see a few earnings dates trickle in at TOS. Second week of April starts cranking up again.

🙂 🙂

fuzzballl 11:24 am on Friday, March 24, 2017
Tags: ShortStrangles ( 716 )

More SVXY

Might be pushing it a little on the upside here but it’s the highest available strike for now. Went back to a fairly conservative upper trend line I’d forgot about on freestockcharts.com that I used to use for call selling. This should be safe but not a lot of breathing room…

#ShortStrangles – Sold SVXY MAY 5 2017 80.0/160.0 Strangle @ 3.00

fuzzballl 10:50 am on Friday, March 24, 2017
Tags: ShortStrangles ( 716 )

SVXY

#ShortStrangles – Sold SVXY MAY 19 2017 80.0/170.0 Strangle @ 3.45

fuzzballl 10:33 am on Friday, March 24, 2017
Tags: PerpetualRollingStrangles ( 116 )

TLT

#PerpetualRollingStrangles – Liking these so much I’m increasing the position size a little…

Sold TLT MAY 19 2017 116.0/124.0 Strangles @ 1.65

fuzzballl 8:16 am on Friday, March 24, 2017
Tags: Books

Weekend reading….

#Books – Stumbled onto an interesting book. Looks like a great plan for longer term non-option trading accounts. If nothing else it’s fun reading…especially the first chapter. I couldn’t agree more with it.

fuzzballl 8:10 am on Friday, March 24, 2017
Tags: PerpetualRollingStrangles ( 116 )

Rolled GLD

#PerpetualRollingStrangles – Yesterday…didn’t have time to post. More weekly dividends in a long term position. Almost 6 months into the GLD TLT “perpetual” experiment. I’ll try to get an update together. So far though, very low margin to carry these positions and estimating at least a 2-300 percent return on margin required. Now that’s a dividend!

Rolled GLD 120.5/113 inverted out to Apr 7th @ .47 credit.

fuzzballl 8:05 am on Friday, March 24, 2017
Tags: ShortStrangles ( 716 )

WYNN adjustment

#ShortStrangles PerpetualRollingStrangles – Originally booked a big gain on covered stock and rolled the ITM calls to 105/100 inverted strangles. When WYNN broke higher I aggressively rolled the 105 puts up to 113. Now leaving the strikes the same and rolling a week for more juicy premium. At some point one side will expire and I’ll roll the remaining side into a new strangle. Earnings should be late April so just doing a week at a time until then…

Rolled WYNN 113/100 inverted strangles out to next week @ 1.35 credit.

New position is 113/100 inverted @ 4.88 credit.

fuzzballl 12:27 pm on Thursday, March 23, 2017
Tags: IRA ( 431 ), ShortPuts ( 4,772 )

SVXY

#ShortPuts #IRA – Sold SVXY MAY 5 2017 100.0 Put @ 2.75

fuzzballl 7:44 am on Wednesday, March 22, 2017
Tags: IRA ( 431 )

XIV stock

#IRA – Buy orders in for a few shares every 5 dollar drop all the way to 20. At that point I’ll be in a half position looking to load the boat. Not allowed to trade SVXY in this particular account…

Bought XIV @ 69.95

fuzzballl 1:32 pm on Tuesday, March 21, 2017
Tags: ShortCalls ( 979 )

DUST

#ShortCalls – This was a short term delta play that I promised myself I’d unload at 50 percent of max or better the first chance I got. Late fill yesterday…

Bought to Close DUST JUN 16 2017 65.0 Call @ 1.10 (sold for 4.00)

fuzzballl 1:29 pm on Tuesday, March 21, 2017
Tags: ShortStrangles ( 716 )

REGN

#ShortStrangles – I’m hoping this is a week or two before earnings…

Sold REGN APR 28 2017 350.0/410.0 Strangle @ 8.20

fuzzballl 1:23 pm on Tuesday, March 21, 2017
Tags: IRA ( 431 ), ShortPuts ( 4,772 )

SVXY

#ShortPuts #IRA – Did manage to squeeze a couple in today…also booking one longer term hoping for a nearer term sale.

Bought to Close SVXY MAR 31 2017 95.0 Put @ .05 (sold for 2.50)
Bought to Close SVXY JUN 16 2017 70.0 Put @ 1.45 (sold for 4.60)

Sold SVXY APR 28 2017 100.0 Put @ 2.20

fuzzballl 1:10 pm on Tuesday, March 21, 2017
Tags: Frustrations

Grrrrr…..

#Frustrations

1. Leave DFW hotel room as opening bell sounds
2. Tow bar issues on pushback
3. Return to gate for 45 minute maintenance inspection
4. Finally ready to leave
5. Wait in long taxi line
6. Airborne for beautiful trip across the gulf to MIA (still love that part of the job)
7. Touchdown for 25 minute gate wait
8. Cram myself into last square inch of space on employee bus
9. Sit in traffic standstill for 45 minutes while 2 by 4’s are cleaned up off of the turnpike
10. Pull into RV park and turn on computer and hear the closing bell

LMAO! That, my friends, is the typical day of a guy that can’t wait to retire!

Looks like I missed a great day…hoping for a second chance tomorrow. Nice trading everyone!

fuzzballl 12:08 pm on Monday, March 20, 2017
Tags: ShortStrangles ( 716 )

REGN

#ShortStrangles – Book it…looking for a new one.

Bought to Close REGN MAR 31 2017 330.0/420.0 Strangle @ .52 (sold for 5.70)

fuzzballl 10:19 am on Monday, March 20, 2017
Tags: IRA ( 431 ), ShortStrangles ( 716 )

NVDA adjustment

#ShortStrangles – Been on a nice run so making a minor adjustment. Booking short puts and rolling short calls out to new inverted strangles. Keeping everything near term until we know earnings week. Should be able to roll there for big credit once we know when it is.

Bought to Close NVDA MAR 24 2017 105.0 Puts @ .39 (sold for 2.80)

and:

Rolled Mar 24th 102 Calls to Mar 31st 113/108 inverted strangles @ 1.10 credit.

Definitely don’t mind fighting this a little to the upside with April 95, 100, and 105 short puts in an #IRA …

fuzzballl 10:12 am on Monday, March 20, 2017

CMG earnings?

I’m concerned about getting caught in the rising IV of an earnings date announcement so booking a winner and re-selling earlier to make sure it’s not in an earnings week. Kinda hit and miss when they announce.

Bought to Close CMG APR 21 2017 370.0/460.0 Strangle @ 2.73 (sold for 5.03)

and:

Sold CMG APR 13 2017 375.0/425.0 Strangle @ 3.07

fuzzballl 9:51 am on Monday, March 20, 2017
Tags: CoveredCalls ( 2,209 )

FEYE

#CoveredCalls – Sold FEYE Apr 21 2017 12.5 Calls @ 0.38 replacing last week’s expiration.

fuzzballl 9:40 am on Wednesday, March 15, 2017
Tags: ShortStrangles ( 716 )

GLD NVDA WYNN rolls

#ShortStrangles – Hate doing this already but busy rest of the week during market hours. It’s too bad since some of these might’ve expired. Just going out a week to stall a little….see where they are next Friday.

Rolled GLD 120.5/113 inverted strangles to next week @ .23 credit
Rolled NVDA 105/100 inverted strangles to next week’s 105/102 @ .46 credit
Rolled WYNN 100/105 inverted strangles to next week @ 1.34 credit

fuzzballl 9:00 am on Tuesday, March 14, 2017
Tags: IRA ( 431 ), ShortPuts ( 4,772 )

SVXY

#IRA #ShortPuts – Sold SVXY APR 21 2017 105.0 Put @ 2.50

Replacing the one I closed yesterday…

fuzzballl 8:42 am on Tuesday, March 14, 2017
Tags: ShortStrangles ( 716 )

TSLA

#ShortStrangles – Adding the put side to the April call…just announced a small SUV coming.

Sold TSLA APR 21 2017 220.0 Put @ 2.10

Position is now 220/275 @ 4.43

fuzzballl 8:22 am on Tuesday, March 14, 2017
Tags: CoveredCalls ( 2,209 )

SVXY roll

#CoveredCalls – Rolled this week’s 124 covered calls to March 31st 127’s @ even….picking up another 3 points of upside while maintaining a little downside protection.

fuzzballl 8:21 am on Tuesday, March 14, 2017
Tags: ShortStrangles ( 716 )

REGN adjustment

#ShortStrangles – Had an extra one on for this week. Put looks great and call sitting at breakeven so closing and setting a new one much wider. Still sitting on March 31st 330/420…

Bought to Close REGN MAR 17 2017 365.0/395.0 Strangle @ 2.69 ( sold for 5.62)

Then:

Sold REGN APR 21 2017 350.0/420.0 Strangle @ 7.02

fuzzballl 8:42 am on Monday, March 13, 2017

TVIX

http://www.investopedia.com/news/volatility-etn-face-110-reverse-split-tvix-vxx/

Can the rest of ’em be far behind?

fuzzballl 8:17 am on Monday, March 13, 2017

SVXY

Trimming a little…

Bought to Close SVXY MAR 24 2017 90.0 Put @ .20 (sold for 2.50)

fuzzballl 8:01 am on Friday, March 10, 2017
Tags: ShortStrangles ( 716 )

IBB adjustment

#ShortStrangles – Adjusting next week’s 280/290 strangle…booking one side and rolling threatened side out a couple weeks into a new strangle.

Bought to Close IBB MAR 17 2017 280.0 Put @ .20 (sold for 5.28)

Then:

Rolled 290 call out to March 31st 297.5/300.0 Strangle @ .21 credit (also carrying forward the 3.30 received from 290.0 original call sale).

fuzzballl 7:23 am on Friday, March 10, 2017
Tags: BullPutSpreads ( 150 ), ShortStrangles ( 716 )

AAPL….completely out now

#ShortStrangles #BullPutSpreads – This was an aggressive adjustment from some rolling strangles I’d been carrying. Goal was to get rid of this one at even allowing an official booking of the 14.30 received from the rolls. Is AAPL a 1000 dollar stock? Heck if I know but it’s at a split adjusted 980 from the last 7 for 1. That’s a lot of iPhones!

Bought to Close AAPL MAR 17 2017 140.0/130.0 Bull Put Spreads @ 1.45 (sold for 1.45)

fuzzballl 7:04 am on Friday, March 10, 2017

ULTA earnings

Strong stock….getting out with a profit in case it runs away.

Bought to Close ULTA 262.5/275.0/287.5 Iron Fly @ 7.85 (sold for 10.20)

fuzzballl 7:57 am on Thursday, March 9, 2017
Tags: PerpetualRollingStrangles ( 116 )

TLT

#PerpetualRollingStrangles – Next week’s 120 and 121’s looking pretty safe so adding a couple weeks out.

Sold TLT MAR 31 2017 118.5 Calls @ .84
Sold TLT MAR 31 2017 119.0 Calls @ .67
Sold TLT MAR 31 2017 119.5 Calls @ .54

fuzzballl 7:19 am on Thursday, March 9, 2017

TSLA

She’s hanging on to the 50ma by a thread. Closing call side of next week’s strangle and looking to sell another one. Still sitting on the 240 put for now.

Bought to Close TSLA MAR 17 2017 280.0 Call @ .05 (sold for 2.65)

BTW…thought this was pretty interesting…

http://www.businessinsider.com/tesla-unveils-kauai-hawaii-solar-project-2017-3

fuzzballl 12:23 pm on Wednesday, March 8, 2017
Tags: PerpetualRollingStrangles ( 116 )

TLT adjustment

#PerpetualRollingStrangles – Working all morning but got a couple fills…

Replacing this week’s expiration:

Sold TLT MAR 24 2017 119.0 Calls @ .63

And:

Rolled this week’s 119.5 puts out to March 24th 119.0 @ .02 credit

fuzzballl 11:47 am on Tuesday, March 7, 2017
Tags: Futures ( 85 )

/ES experiment

#Futures – Adding a new position using fibwizard’s call strike from his SPX trade earlier. Going a roundabout way to make it a no risk to the downside trade…while setting up a nice short entry if we rally big.

SOLD /ESM7 (June) @ 2366.50

and:

SOLD /ESM7 APR 17 (Wk3) 2425 PUT @ 66.25

So:

1. Position makes 7.75 on anything below 2425
2. I’ll go short /ES at a basis of 2432.75 on anything above 2425
3. Anything in the gray area between 2432.75 and 2425 is profitable with closer to 2425 being better

This is an experiment….looking at it now with all the numbers in front of me a better play would’ve maybe been to sell a slightly lower put to capture more possible gains while getting a short basis closer to 2425.

fuzzballl 11:30 am on Tuesday, March 7, 2017
Tags: ShortCallSpreads ( 91 )

UVXY

#ShortCallSpreads – Bought to Close UVXY MAR 17 2017 30.0/35.0 Bear call spreads @ .06 (sold for 1.22)

fuzzballl 9:19 am on Tuesday, March 7, 2017

SVXY ladder

Adding one….

Sold 1 SVXY JAN 19 2018 245.0 Call @ 3.75

fuzzballl 11:29 am on Monday, March 6, 2017

REGN adjustment

Risk reduction while still bringing in more than the original strangle…

Bought to Close REGN MAR 17 2017 380.0 Straddle @ 16.45 (sold for 20.12)

then:

Sold REGN MAR 17 2017 365.0/395.0 Strangle @ 5.62

fuzzballl 10:36 am on Monday, March 6, 2017
Tags: Futures ( 85 )

/ES

#Futures – Re-establishing a slight short position for some protection. This won’t make much but it’s a safe starting point.

SOLD /ES @ 2374.50

and:

SOLD /ES MAR 17 2400 PUT @ 29.00

This gives a short basis of 2403.50 so if /ES finishes below 2400 position makes 3.50. If it finishes above 2400 It’ll be a great point to sell more puts. I’ll look out to the June contract after this one…

fuzzballl 7:35 am on Monday, March 6, 2017
Tags: ShortStrangles ( 716 )

NVDA

#ShortStrangles – Closing the call side of the strangle and still holding 105 puts. Planning on applying this gain to the stock basis if I take the stock vs. rolling the puts. Wait and see how next week looks if she rallies any.

Bought to Close NVDA MAR 17 2017 110.0 Calls @ .12 (sold for 2.17)

fuzzballl 7:56 am on Friday, March 3, 2017
Tags: PerpetualRollingStrangles ( 116 )

TLT roll

#PerpetualRollingStrangles – Hoping for a bigger bounce in this thing but not really following through. Take what I can get…

Rolled 119.5 puts to next week’s 119.5 puts @ .48 credit. Just for fun here’s my current positions in this experiment:

(4) March 10th 119.5 puts
(4) March 10th 120 calls
(3) March 17th 120 calls
(3) March 17th 121 calls
(6) June 16th 132 puts

This results in a long delta position of 527 but if you remove the DITM June puts it’s a -34 delta. While waiting for TLT to recover I’m able to roll the DITM June puts out 3 months and down one strike for about even. Can continue doing that forever while trading aggressively underneath it. Overall working pretty good in spite of starting this just prior to the implosion.

Total premium received since the beginning (October 2016) : 81.53 points

Decent return on 6300 margin and what was a one third size position for the first 3 months of the experiment.

fuzzballl 7:45 am on Friday, March 3, 2017
Tags: ShortStrangles ( 716 )

EWW

#ShortStrangles – Kinda screwed this one up…forgot I had this order in and it filled on the spike at the open.

Sold EWW APR 21 2017 43.0/48.0 Strangles @ 1.15

Because of that I’m closing the current one a little sooner than I intended strictly for position size and risk management. Still a nice profit so I’m not gonna complain (too much). 🙂

Bought to Close EWW MAR 17 2017 43.0/48.0 Strangles @ .67 (sold for 1.40)

fuzzballl 7:38 am on Friday, March 3, 2017
Tags: IRA ( 431 ), ShortPuts ( 4,772 )

SVXY

#IRA #ShortPuts – Bought to Close SVXY MAR 17 2017 80.0 Put @ .10 (sold for 2.20)

fuzzballl 11:13 am on Thursday, March 2, 2017
Tags: PerpetualRollingStrangles ( 116 )

Rolled GLD

#PerpetualRollingStrangles – No time value left in these so rolling and collecting additional premium.

Rolled this week’s 120.5/113 inverted strangles out two weeks for .54 credit.

Position is now March 17 monthly 120.5/113.0 inverted @ 6.05 credit.

fuzzballl 9:38 am on Thursday, March 2, 2017
Tags: FallingKnife ( 1,013 )

CAT

Possible #FallingKnife – IRS investigation?

fuzzballl 7:37 am on Thursday, March 2, 2017
Tags: Rolling ( 463 ), ShortStraddles ( 10 ), ShortStrangles ( 716 )

REGN risky adjustment

#Rolling #ShortStrangles #ShortStraddles – With all the good news for biotech coming from the big speech, I’m making a pretty aggressive roll. I’ve already rolled this put up once and doing it again.

Rolled March 17th 360 put up to 380 @ 6.08 credit.

New position is now the March 17th 380.0 straddle @ 20.15. Hoping we just grind around right here for a couple weeks…

fuzzballl 7:08 am on Thursday, March 2, 2017
Tags: BullPutSpreads ( 150 )

GILD…going with Dr. J

#BullPutSpreads – He was talking this one up yesterday so taking a high reward, low risk shot.

Sold GILD APR 21 2017 72.5/70.0 Bull Put Spreads @ 1.54

fuzzballl 7:05 am on Thursday, March 2, 2017
Tags: IRA ( 431 ), ShortPuts ( 4,772 )

SVXY

#IRA #ShortPuts – In the “SVXY only” account, adding one at the new weekly available today. As the front week rolls off add a new one at about the 45 day mark. Nice weekly income while waiting.

Sold 1 SVXY APR 13 2017 95.0 Put @ 2.25

fuzzballl 10:55 am on Wednesday, March 1, 2017
Tags: PerpetualRollingStrangles ( 116 )

TLT

#PerpetualRollingStrangles – Another little weekly dividend…

Bought to Close TLT MAR 3 2017 122.5 Calls @ .01 (sold for .30)
Sold TLT MAR 10 2017 120.0 Calls @ .62

fuzzballl 10:30 am on Wednesday, March 1, 2017
Tags: IRA ( 431 )

IBB

#IRA – Booking this one with plenty of time to sell again. Looks due for a pullback…

Bought to Close IBB JUN 16 2017 225.0 Put @ .95 (sold for 4.00)

fuzzballl 8:02 am on Wednesday, March 1, 2017

SVXY

Adding at the highest strike again…not selling the strangle yet.

Sold 1 SVXY JAN 19 2018 250.0 Call @ 4.45

fuzzballl 7:21 am on Wednesday, March 1, 2017
Tags: FallingKnife ( 1,013 )

THC

#FallingKnife – Possibly….

fuzzballl 7:02 am on Wednesday, March 1, 2017
Tags: CoveredCalls ( 2,209 )

SVXY roll

#CoveredCalls – Rolling out and up. Keeping a little downside protection while giving the stock a little room for a nice profit.

Rolled this week’s 120 calls to March 17th 124’s @ even.

Mid on this was a .20 debit but I put it in at even and filled immediately…

fuzzballl 10:46 am on Friday, February 24, 2017
Tags: TakeOneForTheTeam ( 57 )

SVXY for the team

#TakeOneForTheTeam – Looks like I’m getting some stock assigned at 131 from the 131/126 Bull put spreads. Going for max downside protection by selling the covered calls ITM near breakeven. I’ll have to roll a week to turn a profit but wanted absolute maximum protection to the downside.

Here we go:

1. Received 2.18 for original spread sale
2. Sold to Close SVXY FEB 24 2017 126.0 Puts @ 2.50 (not a great fill)
3. Sold SVXY MAR 3 2017 120.0 Calls @ 5.74

So…stock assigned at 131 with 10.42 premium received leaving a basis of 120.58 with covered calls at 120. Actually had this calculated to be breakeven but awful fill on long puts got me in the hole a little.

We’ll see how it goes….but it looks like I did TOFTT!

🙂 🙂

fuzzballl 10:21 am on Friday, February 24, 2017
Tags: Futures ( 85 ), ShortPuts ( 4,772 )

/ES

#Futures #ShortPuts – Forgot about this order…filled early this morning.

Bought to Close /ES APR 17 (Wk3) 2200 PUT @ 10.75 (sold for 22.00)

fuzzballl 10:08 am on Friday, February 24, 2017
Tags: IronCondor ( 244 ), ShortStrangles ( 716 )

CMG strangle

#ShortStrangles – Previously closed the March put on the rally. Closing the call side on the bounce at the 200ma and re-selling a nice big wide one for April that can hopefully be closed early as well.

Bought to Close CMG MAR 17 2017 450.0 Call @ .90 (sold for 3.00 with nice 4.70 gain for entire strangle)

Then:

Sold CMG APR 21 2017 370.0/460.0 Strangle @ 5.03

#ironcondor

fuzzballl 7:52 am on Friday, February 24, 2017
Tags: IRA ( 431 ), ShortPuts ( 4,772 )

SVXY

#IRA #ShortPuts – Closing my highest in the #IRA strike for nice profit and selling a lower one further out.

Bought to Close SVXY MAR 10 2017 100.0 Put @ 1.08 (sold for 2.55)

Sold SVXY APR 7 2017 86.5 Put @ 1.98 (lowest available strike)

fuzzballl 7:28 am on Friday, February 24, 2017
Tags: Earnings ( 3,114 )

NTAP earnings

#Earnings – Took stock after earnings and wrote covered calls. I can let the stock get called away today @ 40.50 and take a 23 cent loss or roll a week and hope to get out at even….hmm

Only a 4 contract position so about 100 bucks after fees….might just ship it on down the road.

fuzzballl 6:44 am on Friday, February 24, 2017
Tags: PerpetualRollingStrangles ( 116 )

TLT

#PerpetualRollingStrangles – Booking a winner with TLT reversing. Looking to re-center and re-sell at some point.

Bought to Close TLT MAR 10 2017 116.0/122.0 Strangles @ .90 (sold for 1.31)

fuzzballl 6:36 am on Friday, February 24, 2017
Tags: Earnings ( 3,114 )

BIDU earnings

#Earnings – Trading well outside the fly so:

Bought to Close BIDU 180/185/190 iron fly 4.35 (sold for 4.15)

fuzzballl 12:48 pm on Thursday, February 23, 2017

BIDU earnings

Looking at 5 wide iron fly on 8 dollar move…

fuzzballl 9:15 am on Thursday, February 23, 2017
Tags: Futures ( 85 )

/ES

#Futures -Taking a little risk off…

Bought to Close /ES MAR 17 2200 PUT @ 2.50 (sold for 12.25)
Bought to Close /ES MAR 17 2270 PUT @ 5.50 (sold for 10.25)

Still holding April 2200 sold for 22.00…

fuzzballl 8:41 am on Thursday, February 23, 2017
Tags: Earnings ( 3,114 )

FSLR earnings

#Earnings – Using this bounce today to get out at even. Trade may still work but happy to move on…see ya in 3 months FSLR!

Bought to Close FSLR FEB 24 2017 37.5/34.5 Bull Put Spreads @ 1.50 (sold for 1.50)

fuzzballl 8:37 am on Thursday, February 23, 2017
Tags: ShortStrangles ( 716 )

NVDA adjustment

#ShortStrangles – Some sort of downgrade on it this morning…booking profit on calls sold a couple days ago and selling new ones a little closer in. Selling against March 105 puts…

Bought to Close NVDA MAR 31 2017 124.0 Calls @ .52 (sold for 1.09)

Sold NVDA MAR 17 2017 110.0 Calls @ 1.60

fuzzballl 8:31 am on Thursday, February 23, 2017
Tags: Rolling ( 463 ), ShortStrangles ( 716 )

REGN adjustment

#ShortStrangles – Not sure what’s going on with it but rolling call down a little for additional premium in March strangle.

Rolled March monthly 395 call down to 380 @ 2.25 credit.

New position is 360/380 strangle @ 14.07 credit

#rolling

fuzzballl 8:24 am on Thursday, February 23, 2017
Tags: Earnings ( 3,114 ), ShortStrangles ( 716 )

TSLA earnings (and new position)

#Earnings #ShortStrangles – Everything looked great until 5 minutes before the open..LOL No interest in owning it at 260 so bailed with a small profit.

Bought to Close TSLA FEB 24 2017 260.0/300.0 Strangles @ 3.93 (sold for 4.65)

Then:

Sold TSLA MAR 17 2017 240.0/280.0 Strangle @ 5.51

fuzzballl 11:37 am on Wednesday, February 22, 2017
Tags: Earnings ( 3,114 )

DISH earnings

#Earnings – Bought to Close DISH FEB 24 2017 60.0 Puts @ .05

Order in to close the calls also…

Thanks Jeff!!

fuzzballl 11:08 am on Wednesday, February 22, 2017
Tags: ShortStrangles ( 716 )

CMG Strangle

#ShortStrangles – Closing the put side of March 370/450 strangle…Any more weakness I’ll be looking to sell it again.

Bought to Close CMG MAR 17 2017 370.0 Put @ .25 (sold for 2.85)

fuzzballl 12:09 pm on Tuesday, February 21, 2017
Tags: ShortCalls ( 979 )

NVDA

#ShortCalls – Closed call side of March monthly strangles last week. Moving out a little and selling more on this bounce. Still short March 105 puts…

Sold NVDA MAR 31 2017 124.0 Calls @ 1.09

I’ll add puts once the March puts get a little air under them…

fuzzballl 9:42 am on Tuesday, February 21, 2017
Tags: Earnings ( 3,114 )

FSLR earnings

#Earnings – Trying something for fun…even if it implodes I’ll get the stock at a decent basis to sell covered calls. If it works, it’s a big juicy winner. Playing it directionally to the upside needing half the expected move.

Sold FSLR FEB 24 2017 37.5/34.5 Bull put spreads @ 1.50