#SPXcampaign Sold to Open $SPX Sep 14th 2515/2540 call spreads for 2.40. A little higher delta than I usually sell for my standard campaign, but I already sold the 2520 short, and the 2525 short was not lucrative enough.
Also, closed on GTC order in pre-market: SPX Aug 17th 2395/2370 put spreads for .20. Sold for 1.35 on July 20th.
#Earnings BTC $JD Aug 18th 42 puts for .05. Sold last Friday for .62 (avg price)
#SPXcampaign Sold to Open $SPX Sept 14th 2350/2325 put spreads for 1.50, with SPX at 2462.
#SPXcampaign Sold to Open $SPX Aug 25th 2450/2425 call spreads for 16.25. #ITMroll from the calls stopped this morning.
Also, closed on GTC order: Aug 17th 2375/2350 put spreads for .20. Sold for 1.40 on July 17th.
Also, expired on Friday, Aug 11th 2495/2520 call spreads. Sold for 1.60 on July 13th.
#VXXGame BTC $SVXY Sept 15th 50 put for .70. Sold in the 100/180 strangle for 18.95 on March 21st.
#SPXcampaign Sold to Open $SPX Sept 14th 2520/2545 call spreads for1.45.
Also closed the Aug 18th 2445/2470 call spreads for 16.65. Sold for 19.90 on Aug 4th. Will be rolling to Aug 25th 2450/2475
#SPXcampaign Closed $SPX Aug 11th 2425/2400 put spreads for .15 (closed shorts only). Sold yesterday for 2.00. Looks safe to expire but I have to leave my desk for remainder of day.
#Earnings JD.com reports Monday AM. They have a fairly bullish chart and bullish results on earnings.
Sold to Open $JD Aug 18th 42 puts for .60 and .67. May add a couple more if premium increases.
Biggest UP move: 11.4%, Biggest DOWN move: -7.4%, Average move: 4.8%. This trade is 8.5% OTM.
#Earnings Bought to close $TTD Aug 18th 45/40 put spreads for .20. Sold yesterday for .80.
#Earnings BTC $NVDA Aug 11th 155 put for 2.37. Sold yesterday for 2.27. Small loss, but nice profits on the multiple 150 puts, so all’s good. Don’t feel like taking assignment in this market, even of only 100 shares.
PLCE is another story. Got until next Friday for recovery to 110. Will keep an eye but no plans to close today.
HCA may have bottomed out this week. Up over 1% today in a weak market. I was assigned shares, recovery above 81 for breakeven.
#SPXcampaign I have a couple ATM call spreads and and one ATM put spread expiring next week. I’ve been watching to see which I should roll (maybe both). At the moment I feel we have topped out for the day and will close lower, so I closed:
$SPX Aug 18th 2435/2410 put spreads for 5.85. Sold as part of a #CondorRoll for 6.70 on July 19th.
I will look to roll to another put spread when put premium increases.
#SPXcampaign Replacing calls that closed yesterday:
Sold $SPX Aug 17th 2465/2490 call spreads for 3.85. These are monthlys that expire next Friday morning. If they get threatened they will be easy to roll.
#Earnings A pretty good earnings report, but going with the market… 1-min cart so far matches the SPX 1-min chart. I will be closing early with profits.
#SPXcampaign Closed on GTC orders:
$SPX Aug 18th 2500/2525 call spreads for .20. Sold for 4.50 on June 1st.
$SPX Sept 1st 2525/2550 call spreads for .20. Sold for 1.50 on July 31st.
#VIXIndicator #Market The VIX topped at 17.28 a few hours ago but is now dropping on lower than expected inflation numbers. Looks like indices will open flat or positive.
To me it looks like an opportunity to short, but this market has been killing the dreams of bears for years.
#SPXcampaign $SPX What a fun day! Lots of action. Ended up rolling 4 put spreads: 2 into condors, one into further puts and one into calls. Here are trades that I did not post earlier:
Closed on GTC orders:
Aug 25th 2520/2545 call spreads for .20. Sold for 1.90 on July 27th
Aug 18th 2505/2530 call spreads for .20. Sold as part of a #CondorRoll for 6.70 on July 19th
Stop and Roll:
Closed Sep 8th 2375/2350 put spreads for 2.95. Sold for 1.50 on Tuesday.
#Rolling Sold Sep 15th 2310/2285 put spreads for 2.05 (1.5x position size).
Closed Aug 25th 2395/2370 put spreads for 3.40. Sold for 1.35 on July 25th.
#ReverseRoll Sold Aug 25th 2480/2505 call spreads for 3.50.
Standard Campaign Spread:
Sold Sep 8th 2510/2535 call spreads for 1.75.
Taking Profits
Bought to close Aug 21st 2480/2505 call spreads for 2.20. Sold for 8.90 on Monday. This was an extra spread I threw on, and I decided to close it now in case we’ve seen the bottom. I have two spreads that were sold ITM and are now just OTM that I will watch as I don’t want them to fall back way-ITM again.
#VXXGame BTC $SVXY Sept 90 call for 1.80. Sold for 4.65 (effective price)
STO $UVXY Aug 25th 68 call for 1.33
#SPXcampaign Sold to Open $SPX Aug 11th 2425/2400 put spreads for 2.00, as SPX hits a new low of 2443
#SPXcampaign Since this one started going ITM with less than a week to expiry, rolled into a somewhat tight condor.
Closed $SPX Aug 16th 2450/2425 put spreads for 6.65. Sold last week for 2.25
#CondorRoll Sold Aug 23rd 2385/2410/2480/2505 condors for 7.15
#VXXGame. Dipping in…
Sold $UVXY Sept 15th 68 call for 4.70 (highest strike)
Sold $SVXY Sept 15th 52 puts for 1.90
Sold $SVXY Jan 2018 25 put for 3.50
#Earnings I don’t know this stock and it’s a fairly new issue. It has moved steadily up since IPO. Only three earnings reports; two positive, one slightly negative but recovered within a week. I am using a spread because it is too new and unknown to risk naked.
Sold to Open $TTD Aug 18th 45/40 put spreads for .80. Biggest UP move: 30.1%, Biggest DOWN move: -2.8%, Average move: 13.9%. My short strike is -11.8% OTM, with stock at 51.00.
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#VXXGame BTC $SVXY Sep 15th 90 call for 2.75. Scaling out of this position, this one at a 1.90 gain.
BTC Aug 18th 80 put for 5.65. Sold for 1.95 on July 27th. I want to avoid carrying a lot positions ITM. I will likely keep a few but will be rolling out others.
I plan to replace both with new positions, but first want to wait to see if this becomes an actual correction this time, rather than another head-fake.
#SPXcampaign Sold to Open Sept 6th 2275/2300/2510/2535 #CondorRoll for 2.85. A roll from the put spread stopped earlier today.
#Earnings Sold to Open $NVDA Aug 11th 150 puts for 1.42 (avg price), and one (1) 155 put for 2.27.
Biggest UP move: 29.8%, Biggest DOWN move: -7.4%, Average move: 10.9%. These strikes are -10.7% and -7.7% OTM respectively (with stock at 168.00).
#SPXcampaign This hit my 3.00 stop, so closing it and looking for a roll in the coming hours.
Bought to close $SPX Sept 1st 2395/2370 put spreads for 2.80. Sold for 1.40 last Friday.
#Earnings starting to sell Aug 11th 150 puts before it bounces too much
#Earnings Bought to close one (1) $W Aug 11th 80/75 put spread for 4.95. A nickel less than expiration. I will try to close the rest for less.
#Earnings It looks like $W is a bust, and $PLCE under pressure, too. Wayfair suffers from mediocre earnings report, a weak market, and then more weak retail earnings last night.
#SPXcampaign Sold to Open $SPX Sept 8th 2340/2315 put spreads for 1.50, with SPX at 2460.
#VIXindicator A second signal fired when the VIX opened about 13.26, which is 50% above the VIX low of 7/26. This means we have a Warning into effect, with the possibility of further downside in the coming days or weeks.
#Earnings Bought to close $NVDA Aug 18th 180 call for 5.30. Sold on June 8th for 4.40. I’ll do an earnings trade tomorrow by selling puts, not calls.
#SPXcampaign Closed $SPX Aug 16th 2440/2465 call spreads for 19.65. Sold last week for 19.90.
#ITMroll Sold SPX Aug 23rd 2445/2470 call spreads for 19.50, right before bell.
Was able to take advantage of the rally into close for a good roll, but missed fills on new put spreads earlier.
#Earnings #LongCalls #LongStock
Remaining $ZNGA long stock closed yesterday on trail stop for 3.70. Breakeven on that half, small loss on the first half. Over all just under $100 loss on a long-call purchase.
#VXXGame BTC $SVXY Sep 50 puts yesterday for .53. Sold in the 100/180 strangle (after split: 50/90) for 18.95 on March 21st.
#SPXcampaign Overnight: Closed on GTC order: $SPX Aug 17th 2515/2540 call spreads for .20. Sold for 1.60 on July 19th.
This morning: Closed on GTC order: SPX Aug 25th 2525/2550 call spreads for .20. Sold for 1.75 on July 25th.
#VIXIndicator A downside signal has fired in the pre-markets, with VIX passing 12.41. This cancels the Upside Warning, and puts us on notice that more downside is possible. If the VIX hits 13.26, that would be a full-fledged Warning.
For those trading #VXXGame, be careful if you are carrying multiple short volatility positions. Take profits early; don’t always wait for expiration!
#SPXcampaign Sold to Open $SPX Sept 8th 2375/2350 put spreads for 1.50, with SPX at 2473.
#SPXcampaign Sold to Open $SPX Sept 8th 2375/2350 put spreads for 1.50, with SPX at 2473.
#Earnings #ShortStock Looks like this one may be done going down. Exited my last bit of short stock for 39.90. Cost basis 41.40. However, on half of the original position I took max loss rather than assignment, so overall the trade was a loser.
#Earnings #ShortPuts A consistently bullish earnings trade.
Sold to Open $PLCE Aug 18th 110 puts for 2.00. Over 13 days after earnings in last 12 quarters, Biggest UP move: 19.3%, Biggest DOWN move: -4.5%, Average move: 8.2%. A +6.6% positive bias. This trade is -6.4% OTM.
#SPXcampaign After the bell, closed on GTC order: $SPX Aug 9th 2440/2415 put spreads for .20. Sold for 2.10 on July 28th.
#SPXcampaign Sold to open $SPX Aug 21st 2480/2505 call spreads for 8.90. Since I just closed an #ATMroll I’m selling another at the same strikes. We are still in an Upside Warning but it seems to have run out of steam… Famous last words, perhaps. We just hit a two-week high, so this could finally be the run to 2500.
#Earnings #LongStock Trailing stop knocked me out of half my position at 3.58. May hold the rest for another day.
#SPXcampaign Bought to close $SPX Aug 7th 2480 calls for .50. Sold in the 2480/2505 call spreads for 7.50 on July 26th. Nice one to close. Now for those two ITM spreads down around 2440. Ready for the VIX to wake up!
#SPXcampaign Sold to Open $SPX Sept 8th 2525/2550 call spreads for 1.55. Had an order in for 1.60 since dawn; no fill so I lowered it.
#Earnings This is a trade I did in 1st quarter that worked nicely. Wayfair has made some big moves on earnings before, which is probably why premiums are so high.
Sold to Open $W Aug 11th 75/80/85 #IronButterfly for 4.25. Max risk .75. Biggest UP move: 28.2%, Biggest DOWN move: -19.6%, Average move: 13.3%. Profits between 75.75 (-3.6%) and 84.25 (+7.2%). Slightly bullish with the trend and high call interest at 80.
#SPXcampaign In overnight session, closed on GTC order: $SPX Aug 7th 2470/2445 put spreads for .50. Sold for 4.20 on July 26th. Still holding the 2480/2505 call spreads expiring today.
#Earnings #Assignment #LongStock
Forgot to close my long 3.50 calls on Friday so I was assigned 1,000 shares. I put .05 trailing stop on to enjoy any gain on the day, or close it out before it goes below 3.50. Cost basis is 3.70.
— Expired w/max profit —
ATVI 60 puts
NVDA 160 puts
REGN 440/430 put spread
STMP 137/125 put spreads
— Expired w/max loss —
AAPL 145/150/155 iron butterflys
DISH 62.5/64.5/65/67 iron condors
#SPXcampaign
Sold to Open $SPX Sep 1st 2395/2370 put spreads for 1.40.
Sold to Open Aug 16th 2450/2425 put spreads for 2.25.
Closed Aug 9th 2500/2525 call spreads for .15. Sold as part of a #CondorRoll for 3.35 on July 14th.
Closed Aug 11th 2440/2465 call spreads for 21.95.
#ITMroll Sold Aug 18th 2445/2470 call spreads for 19.90
#Earnings I have not traded this before and normally don’t do the #FallingKnife trades, but too good to resist.
Sold $AAOI Sept 15th 55 puts for 1.25.
#SPXcampaign Sold to Open $SPX Sept 1 2520/2545 call spreads for 1.55. You can get more now.
#Market Pretty much good news all around:
+209,000 jobs. June revised to +231,000
Unemployment rate back to 4.3%, after ticking up to 4.4% in June
U6 unchanged at 8.6%
Avg hourly earnings up 0.3%, better than June (up 0.2%)
Labor Force Participation 62.9% (up 0.1 from June)
#SPXcampaign $SPX Closed on GTC orders:
Yesterday: Aug 7th 2500/2525 call spreads for .20. Sold as part of a #CondorRoll for 4.15 on July 25th.
Today: Aug 11th 2375/2350 put spreads for .20. Sold for 1.65 on July 13th.
#ITMroll
Yesterday: Closed Aug 9th 2440/2465 call spreads for 22.00. Sold for 21.05 on July 26th.
Today: Sold Aug 16th 2440/2465 call spreads for 19.90.
Due to bad market timing, couldn’t move up a strike and lost money on the roll. Will look to sell an extra spread tomorrow.
I knew it was bullish, but WTF? How is it a company selling stamps is up 33% in one day?
#Earnings Sold to Open $ATVI Aug 4th 60 puts for 1.10 and 1.30. May add more if it continues to drop.
Biggest UP move: 18.9%, Biggest DOWN move: -7.9%, Average move: 5.8%. Upside bias +3.75%. This trade is -4.5% OTM.
#Earnings I think the only one I’ll be doing is a bullish trade on $ATVI, selling 60 puts. Order in for 1.10, which will fill only if this thing pulls back intraday. It is flying, as it has been for weeks and it’s earnings moves have been quite bullish.
I have never traded $AAOI but I see that it is also quite bullish. It has had strong moves on earnings in both directions, however, so a little leery on that one.
#Earnings Bought to close $REGN Aug 4th 500/510 call spreads for .30. Sold yesterday in the 430/440/500/510 #IronCondor for 1.95. I will let the put side expire.
Bought to close $SODA Aug 4th 57.5 puts for .20. Sold Tuesday in the 57.5/55 put spreads for 1.40. Leaving long 55 puts as a lottery ticket.
#Earnings Sold to Open $REGN 430/440/500/510 #IronCondor for 1.95. Filled on the pop up to 475.
Biggest UP move: +6.7% , Biggest DOWN move: -6.3% , Average move: 3.2%. Short strikes are +5.3% and -7.4% OTM.
#Earnings Sold to open $DISH Aug 4th 62.5/64.5/65/67 iron condors for 1.25. Max risk .75. I placed the order earlier when DISH was around 64.75. It filled after a drop, so now this trade leans bullish.
Biggest UP move: 4.3%, Biggest DOWN move: -6.3%, Average move: 2.1%.
#Earnings Bought to close $GRMN Aug 4th 51/49 put spreads for .10. Sold yesterday for 1.00.
#SPXcampaign Closed on GTC order: $SPX Aug 4th 2495/2520 call spreads for .20. Sold for 1.50 on July 3rd.
#Earnings This is a small trade, win or lose about $200. $ZNGA seems to be recovering from lows, so this is a play for a move up to 4.00+.
Bought to open (10) ZNGA Aug 4th 3.5 calls for .20. Biggest UP move: 12.7%, Biggest DOWN move: -15.8%, Average move: 7.3%. Breakeven +4.2% OTM.
#Earnings Sold to Open $STMP Aug 4th 137/125 put spreads for 1.90. This is one of my favorite earnings trades. It has been strongly bullish for years, including on earnings. Usually go naked but making it a wide condor to manage margin.
Biggest UP move: 38.1%, Biggest DOWN move: -8.3%, Average move: 14.0%. +10.4% bullish bias. This trade is -7.9% OTM.
#Earnings Bought to close $SHOP Aug 4th 80/110 strangles for .15 (legged out). Sold for 1.26 on Monday.
#Earnings GRPN long straddle didn’t work (needed a big gap) so I sold for .26. Bought yesterday for .62.
#Earnings I’m not taking this trade because I’m a bit light on buying power, but worth looking at for the Aug 18th options. That’s 17 days away, and the stock has not fallen more than 12% at any point after earnings, even up to 21-days after. The 200 puts are about 12% OTM. You can be even safer selling the 195 or 190’s. Also nicely below trend channel and 200 ma.
Here are 21-day stats: Biggest UP move: 8.7%, Biggest DOWN move: -5.9%, Average move: 5.0%.
#Earnings #IronButterfly 150.00 is a nice round number with higher open interest, so playing this one for a pin on Friday.
Sold to Open $AAPL Aug 4th 145/150/155 iron butterflys for 3.67. Max risk, 1.33.
ONE-DAY moves: Biggest UP move: 6.5%, Biggest DOWN move: -6.6%, Average move: 4.1%.
#Earnings These orders are all in. May adjust prices if no fill comes soon.
$GRPN Buying the Aug 4th 4 straddle for .62. Biggest UP move: 29.0%, Biggest DOWN move: -26.3%, Average move: 16.0%. -1.59% negative bias. With stock at 3.76, this trade breaks even at +22.9% or -10.1%.
$GRMN Selling Aug 4th 51/49 put spreads for 1.00. Biggest UP move: 16.5%, Biggest DOWN move: -10.7%, Average move: 5.7%. +1.12% positive bias. Bullish chart.
$SODA Selling Aug 4th 57/55 put spreads for 1.00. Biggest UP move: 23.7%, Biggest DOWN move: -8.7%, Average move: 9.1%. A blistering +5.04% positive bias on recent earnings. Seems to be on a bullish run for over a year now.
Bought to close $SRPT stock, assigned on earnings on July 21st. Cost basis 41.10.
Yesterday, 100 shares at 41.00
Today, 100 shares at 37.50
Still holding 100 shares with Sept 35 covered put.
#SPXcampaign Closed on GTC order: $SPX Aug 2nd 2450/2425 put spreads for .20. Sold for 3.40 on July 21st.
#Earnings Here is info on the last 12 earnings moves (1 day) for $AAPL.
Biggest UP move: 6.5%, Biggest DOWN move: -6.6%, Average move: 4.1%. +0.54% upside bias.
May 2, 2017 AC -0.30%
Jan. 31, 2017 AC 6.09%
Oct. 25, 2016 AC -2.24%
July 26, 2016 AC 6.49%
April 26, 2016 AC -6.25%
Jan. 26, 2016 AC -6.57%
Oct. 27, 2015 AC 4.12%
July 21, 2015 AC -4.22%
April 27, 2015 AC -1.57%
Jan. 27, 2015 AC 5.65%
Oct. 20, 2014 AC 2.71%
July 22, 2014 AC 2.60%
With stock at 149.00, the 6.6% max move would be 139.21, and 158.79.
#OptionsExpiration #SPXcampaign #RiskReversal
This expired Monday, unsuccessful long but nonetheless a small profit since the put spread was sold for a higher amount.
$SPX July 31st 2490/2510 long call spreads, bought for 1.65 on July 21st.
$SPX July 31st 2450/2425 short put spreads, sold for 2.00 on July 21st.
#SPXcampaign Sold to Open $SPX Sept 1st 2375/2350 for 1.40, with SPX at 2471.
