STO January 125 puts @1.33
STO January 120 puts @1.00
STO January 125 puts @1.33
STO January 120 puts @1.00
Rolled August 17, 103 calls to August 24, 104 calls for a credit of .35 cents.
BTO august 3, 1820/1830 bull call spread at 5.00, I was too early on this one.
STO January 220 puts @ 1.65
STO November 160 puts @ 2.40
BTC August 10, 102 calls and STO August 17, 103 calls for a credit of .30 cents
STO December 105 puts @1.35
BTC September 65 puts @.10 cents, sold at 1.35, Why wait another 8 weeks for 10 cents.
BTC September 45 puts @ .05, sold at 1.08
STO December 55 puts @ 1.70
Rolled July 27 55 calls to August 3, 55 calls for a credit of .15 cents. I was not able to pick up a better strike price this time but did get some premium. We need a correction.
STO, November 85 puts @ 2.40
STO November 80 puts @1.45 with stock trading at 97.29
In my IRA, I closed my 2020, 55 calls against my 58.50 calls for a 16.7% profit since June 29th. I am now 100% cash in the IRA.
BTC January 35 puts @ 1.20, sold yesterday at 1.50, decided I did not like the trade. I can’t give any reason but, I am just nervous about this market right now. Something does not feel right to me at this moment.
STO January 35 puts @1.50
STO January 55 puts @1.20
Rolled August 3, 101 calls to August 10, 102 calls for a credit of .11 cents.
STO January 50 puts @1.45
STO January 45 puts @ .60
Taking this opportunity to roll to a higher strike.
BTC July 27 68.5 calls and STO August 3, 69 calls for a credit of .146 cents.
BTC July 27, 62.5 calls and STO August 3, 63 calls for a credit of .20 cents.
BTC July 20, 68 calls and STO July 27, 68.5 calls for a credit of .20 cents.
BTC July 27 100 calls and STO August 3, 101 calls for a credit of .32 cents.
BTC October 40 puts @.10 cents.
BTC July20, 99 calls and sold the July 27 100 calls for a credit of .32 cents. LABU jumped up this morning so every time I get a chance to roll up and get a credit, I take it.
Rolled July 13, 98 calls to July 20, 99 calls for a credit of .95 cents and I only need .35 cents per week so I pick up an extra .60 cents and a point higher in the strike price. This is against my 2020 115 calls.
BTC September 35 puts @.10, sold at .90 a long time ago. That is the last of my QCOM puts. China can do whatever it wants for now.
BTC July 20, 90 puts @.05 covering over 2 week early. Because I am doing leaps and selling short calls, I am letting a lot of these put just run off.
I rolled my July 13, 67 call to July 20 68 call for a credit of .14 cents
Rolled my July 6, 97 calls out to July 13, 98 calls for a credit of 1.51
Rolled July 6 71.5 calls down to July 13, 67 calls for a credit of .30 cents.
In my IRA, rolled the July 20, 57.67 calls to August 3, 58.50 calls for a credit of .10 cents.
This is against my 2020 calls at the 55 strike.
STC January 2020, 36 calls Against my July 20, 39 calls At 9.05, my cost was 8.02 and I had a much better profit but did not take it.
BTO January 2020, 115 calls @ 18.00
I have the 129 call that expire tomorrow so will sell more short dated calls tomorrow or next week. This one really moves around a lot.
STO January 2019, 45 puts @ .60 cents
I rolled my 2020, 50 calls up to the 60 calls for a credit of 4.60 and
rolled my 55 calls up to the 60 calls for a credit of 2.00
This consolidates my 2020 calls at the 60 strike
Rolled July 20, 61.67 calls out to July 27, 62.5 call for a credit of .16 cents
BTC, July 20, 95 calls @.10 cents.
STO January 2019, 95 calls @2.40
See you back on Monday.
Joining Fuzzball. I need .17cents per week to pay for this over 82 weeks.
BTO January 2020 67 calls @ 13.734
STO July 6, 71.5 calls @.356
STC January 2020, 84.87 calls and BTC July 20, 86 calls for a credit of 18.30 and just wanted to reduce my exposure as well as take a profit 8.78 points. I decided that my exposure with the 115 calls in 2020 was enough.
I was thinking about these and am not sure which is the best strategy so here is my idea. Take the TQQQ and LABU which IMHO, the long term trend is up. Since that is the case, should one try for the most premium or just enough to cover the cost of the leaps by the expiration. SO I am going to try both in LABU.
I have bought the 2020, 84.87 leaps at 27.15 and sold the short calls for 8.80 out to July 20, but I am short the 86 calls and now need to keep rolling them but, it is hard to get a better strike price and premium.
Today, even though my timing was horrible, I bought the 115 call and sold the June 29, 129 calls for .83 cents which is just enough to cover the weekly . I will try to get a better strike each week and if the long term trend remains up, I should make nice profit faster than the first trade.
BTO June 29, 1150/1160 bull call spread @ 7.35
BTO January 2020, 115 calls @ 33.54
STO June 29, 129 calls @ .83
I need .40 cents per week to break even. Even though I am getting good premiums on the short dated calls, I find that I am missing out on the gain in the leaps and am not getting much premium on the rolls.
I forgot to post.
BTO June 29, 1705/1715 call spread @6.70
BTO July 6, 60/70 call spread @7.15
I am going to the gym.
STO January 20 puts @.90 with the stock at 24.14, hat tip to Mike.
BTO June 29, 60 calls
STO June 29, 70 calls for a debit of 6.90
I will put in an order to close it at 9.40
BTC July 20, 35 puts @ .05, sold at 1.90
That is the last of those puts.
A late fill. BTC July 20, 205 calls and STO August 17, 210 calls for a credit of 1.92
This against my long January 2019 200 calls.
I am going to the gym, see everyone on Monday.
TO January 2019, 80 puts @1.50
In my IRA, rolled June 29, 56.67 calls to July 20, 57.67 call for a credit of .05 cents.
BTC June 29, 60 calls @ 2.38 and STO July 20, 61.67 calls @ 2.43
BTC June 29, 38.5 calls @ 2.74 and STO July 20, 39 calls @ 3.10
Rolled my June 29, 50 puts out to July 15, 50 puts for a credit of .45 cents. I have covered 35% of the cost of the bearish hedge in January 2019. I hope to cover the rest by the end of the year. Hopium!
BTC June 29, 85 calls and sold July 20, 86 calls for a credit of .60 cents. I am long the 84.78 calls in 2020. If they expire in July, I will have covered 32.3% of the original cost and I am trying to cover the cost by the end of this year.
I notice that it has been going up but on low volume. Perhaps a warning sign?
BTC July 20, 30 puts @.05, sold at 1.20
Rolled my June 29, 202.5 calls out to July 13, 205 calls for a debit of .30 cents. I own the January 2019 calls.
Closed out my 2020, 200 call / June 15, 212.5 call spread at 40.85, put it on at a cost of 38.78
Rolled the June 8 210 calls to June 15, 212.5 calls for a .10 cent credit.
The reason I like this ETF is that it is an index not tied to futures or anything else. It will not go out of business and since it is really technology that will drive profits. Also, the premiums are really fat and nice.
I also keep 50% of the account in cash in case of a black swan and would double up under the right conditions.
It seem s to me that this is a long term trade of years and I would like to hold the long term leaps for several years and book 100 points or more. If you had bought this ETF when it came out, you could have made 28 times on your investment. The beauty of the leaps is that you have leverage and if you can sell short term calls to pay for the trade as well as get the increase in price if the price goes up, then you have a big winner.
This is where the roll out to the next year makes sense when you have earned enough premium to cover the cost of the leap. Am I making sense or smoking hopium?
BTC June 15, 50 puts @.01, sold @1.10
BTC June 15, 200 put @ .05, sold at 6.90 as a falling knife. Just 1 contract though.I should have done more.
BTO January 2020, 200 calls @40.45
STO June 8, 210 calls @1.26
I need .48 cents per week to cover the cost of the leap. Stock breaking out.
BTO January 2020, 55 calls @ 15.22 and sold June 29, 60 calls @ .87 for a net debit of 14.35 and .18 cents per week to cover the trade.
STO January 2019, 80 puts @2.05 with stock at 102.80
BTC the last of the July 20, 32.5 puts @ .05
BTO 2020, 84.78 calls @ 27.15, and sold June 29, 85 calls @ 8.20 for a net of 18.95, so need .31 cents per week to break even. Great premium.
BTC a partial fill on my July 32.5 puts @ .05, sold @ 1.45
I only have 1 expiration today which is an AMZN 1310/1360 bull put spread. I have been covering my put exposure when they get down to 5 or 10 cents. GOOGL could be interesting today because 60 minutes is going after them. I will look at that after the opening and perhaps another bull put spread. Other than that, I think interest rates are important and they are going higher IMHO. So other than my Fuzzy trades I have nothing to do. I will be going to the GYM after 10AM. Have a nice day.