Expirations and Trade

Been off the grid for the last two weeks.
Started up again this week.
Glad to be back in the bistro.

#optionsexpiration
$SPX 2745/2755 BUPS Inspired by @jeffcp66. Thank you.
$WTW 72 calls (covered) Still own stock at rock bottom price 😉
$BABA 155 calls (covered)
$AAPL 207.5 calls (covered)
#earnings
$TWLO 60/83 strangle STO @ 2.23 BTC @ 8.00
$Z 34/47 strangle STO @ 1.50 Will be assigned shares at 34 Basis 32.5

Trade
$AMZN STO 11/16 1575/1625 BUPS at 5.50 Thank you @ramie77

Great weekend to all and thanks to all the veterans who served our country.

Happy Veteran’s Day

@jeffcp66 Love the wallpaper and the free golf in Nassau County courses on Sunday

History Lesson from Risk/Hedge

From RiskHedge

“So let’s steer clear of opinion and emotion. Instead, I want to focus solely on the facts that are relevant to you as an investor. As you’ll see, you don’t need to waste even one second worrying about which party will win on Tuesday. I was surprised by what we found.
Since 1946, there have been 18 midterm elections. Stocks were higher 12 months after every single one. Every single one. That’s 18 for 18. Even though we’ve had every possible political combination in the past 72 years. Republican president with Democratic Congress. Democratic president with Republican Congress. Republican president and Congress. Democratic president and Congress.
Since 1946, stocks have risen an average of 17% in the year after a midterm. And if you measure from the yearly midterm lows, the results are even better. From their lows, stocks jumped an average of 32% over the next 12 months. For perspective, that’s more than double the average performance for stocks in all years. We’re also entering the third year of a presidential term, which is historically the strongest year for stocks.”

BA Bull Call / ARNC Bull Put / SOXL Put

#longcalls
$BA BTO 11/23 385/395 BUCS at 4.62

#shortputs
$ARNC STO 11/16 19/24 BUPS at 1.75
$SOXL STO 12/21 90 put at 3.51 Thank you @fuzzballl

BA Earnings

#earnings
$BA STO 10/26 360/370 BUPS at 1.90. Earnings are 10/24 before market opens. I’d like to be out before earnings

#spxcampaign
$SPX STO 10/19 2960/2935 at 2.70 Thank you @jeffcp66

Trades

#spxcampaign
Closed Early
$SPX BTC 10/12 2985/2860 BECS at .30 STO at 2.06 as IC. BUPS portion still open

#shortputs
$CMG STO 11/16 420/430 BUPS at 3.35
$COST BTC 10/5 225/232.5 BUPS at 5.98 STO at 1.60 Not a good earnings trade
$FB Rolled 10/5 160/180 BUPS to 11/16 160/180 BUPS for 5.43 debit. Second roll. Trade now guaranteed to lose money, but overall loss can be attenuated if FB gets a smile on its face.
#longcalls
$AMZN 10/19 1880/1890 BUCS at 7.10 Thanks @jeffcp66 Earnings coming up. Thesis is a positive run.

AMZN Calls / TSLA Strangle Unstrangled

#shortcalls
$AMZN BTC 10/5 2012.50 call and STO 10/12 2020 call at extra $9 plus $7.50 is called away.
$TSLA BTC 10/5 322.5 calls at .65 STO 9/26 at 5.42 as part of strangle. Thank you @jeffcp66