Final Trades and Expirations

#Earnings Sold to close $UAA Feb 15th 21 calls for .16. This was a sad one; bought the #LongStraddle for 2.50… the swings this week afforded opportunities to cut the loss to less than half, but my orders barely missed getting filled again and again. So although I did sell a few for 1.60, the stock ended the week right at my strike… not good for a long straddle!

#CoveredCalls #Assignment $PVTL stock called away via 18 and 19 calls. This was a September earnings trade, was assigned at 22.50 and through multiple rounds of covered calls I’m exiting at about break-even.

#DoubleCalendar Taking assignment of $NTAP stock, cost basis 64.79.

#IronCondor Closed $DECK short 145 calls for 1.30. Was able to exit some at .50 and .20, so overall this trade will be a small winner or a small loser across my accounts. Condor sold for .86 on Jan 31st.

Double Calendar performance

#Earnings #DoubleCalendar Here’s the performance this quarter of double calendars. It is performing better than last quarter, with over $1,700 in profit, using 5-lots.

NOTE: NTAP here is accounted as full loss, even though I will probably hold stock in to next week.
NOTE ALSO: INTC here is accounted as taking stock assignment and then closing all a week later. What I actually did was close only half, and converted the other half of stock into a #PieTrade.

Screen Shot 2019-02-15 at 12.18.46 PM

AMAT closed

#Earnings Sold to close $AMAT Feb15/Feb22 #DoubleCalendar for .28. Bought yesterday for .52. Couldn’t get off its ass enough to make it a winner.

SPX 1-dte

#SPX1dte Expiring: $SPX Feb 15th condor, sold yesterday for .85

Sold to Open $SPX Feb 19th 2705/2725-2800/2820 condors for 1.05 (IV: 7.7%, SPX 2768)

SPX ATM put spread closed

#SPX1dte Bought to close $SPX Feb 20th 2725/2700 put spread for 1.30. Sold for 8.40 on Feb 5th. Sold this as Upside Warning was firing, and sat through an uncomfortable dip before it came through. I don’t know how much more steam this rally has, so I’m taking it off to avoid weekend risk.

Econ Calendar for week of 2/18/19

FOMC minutes at 2pm ET on Wednesday

Screen Shot 2019-02-15 at 10.22.16 AM
Screen Shot 2019-02-15 at 10.22.16 AM

Link to calendar:

TAPped out

$Earnings Closed $TAP Feb15/Feb22 65 #DoubleCalendar. I needed to close the puts, tried to play the swings but then stock started rallying so took an additional .30 loss on the exit. Calendar bought for .34 on Monday.