Good morning

This should be fun today.

TQQQ bearish fuzzy

STC January 2019 Bearish Fuzzy. Bought for 27.50 and STC for 29.55

STC 165 puts

BTC 165 calls

STC 170 calls

BTC April 20145 puts

AMZN

STO April 20, 1050/1100 bull put spread @ 1.20
Looks like I was too early on this one.

TQQQ

STO January 2019, 55 puts @4.70

Thanks to Fuzzball for the idea. I think I am going to stop selling puts or doing anything until I feel we have reached a bottom.

TQQQ

STO January 2019, 70 puts @6.90 with stock at 131

Have a nice long weekend

Back on Monday.

WFC

STO September 45 puts @ 1.08

STO October 40 puts @ .61

FAS Fuzzy

BTO 2020,63,63,61

Sold 6April 13,  65 calls @2.53

XBI # fuzzy

BTO January 2020, 88,88,86

STO April 91 calls, total cost of 12.35

FB

If the stock finishes up on the day with the volume, we may have a tradable bottom.

#pietrade

TQQQ

STO January 2019, 80 puts @ 9.10, but staying small and scaling in. This ETF will be a long term trade for me if I am assigned.

Good morning

I am not doing much these days.

TQQQ

STO January 2019, 60 puts @4.50 with stock trading at 140.

KHC

New low on this dividend stock.

TQQQ Bearish Fuzzy

I rolled my March 23, 155 puts out to April 20 for a credit of 3.77 Position is:

long 165 puts

short 165 calls

long 170 calls

short 145 puts

FB FUZZY

BTO 2020, 165 calls

STO 2020, 165 puts

BTO 2020, 160 puts for a total price of 31.24

STO April 20, 180 call @ 1.44

GIS

STO October 40 puts @1.40

Falling knife

STO GIS, 35 puts @.51

STO, SJM, 95 puts @1.60

STO, SJM, 90 puts @1.14

FB Fuzzy

STO April 27, 180 calls @2.60

FB-fuzzy

In my IRA:

BTO 2020,165 call @ 31.25

STO 2020, 165 put  @ 22.86

BTO 2020,160 put  @ 20.51

In at 29.50 and waiting for a bounce to sell the weekly calls. Maximum loss is 34.50 so I need .36 cents per week for the next 95 weeks.

OLED

STO June, 75 puts @.85

STO September, 70 puts @1.85

TQQQ

Rolled the March 23, 195 calls down to April 20, 180 calls for a credit of 4.45

Position is now 180C, 180P, 175P, and April 20, 180 calls

FB

STO May 18, 135 puts @1.15

STO June 15, 130 puts @ 1.20

FB

STO May 150 puts @2.68

STO June 140 puts @ 1.98

ROKU

BTC July 25/80 strangle @ .90, old at 2.55

I think I need to thank Fuzzball for that idea.

Assignments

CELG 90 puts assigned

HRL 35 covered calls expired, will sell again on Monday.

Word press is working again.

TQQQ, bullish fuzzy

I am taking one for the team so we can get another correction.

BTO 2020 180 call @ 50.77

STO 2020 180 put @ 50.39

BTO 2020 175 put @ 47.99

STO March 23, 195 calls @ .37

I also have a bearish fuzzy on this as well.

WDC

BTC July 20, 55 puts @ .10 cents on 2 contracts. Sold at 1.35, closed 4 months early. These small falling knife trades do pay the bills until a good trade comes along.

Denis Gartman

from Barron’s yesterday afternoon: Gartman: Time to Sell Stock, Hold Cash
March 14, 2018 5:16 p.m. ET

He might be right one day.

Fuzzy trades

I closed the following today:

WYNN, 185 165,165,160 @33.55, bought @ 32.71

BABA, 190,190,185 @38.50, bought @ 34.95

STO CME April 20, 175 calls @ 1.05, against my 160,160,155 fuzzy

MTN

BTC April 20, 210 put @ 2.25, sold @ 5.80

CBOE Fuzzy

STC 2020 Fuzzy long position @ 17.80, sold at 12.50,

COST

Good morning. BTC April 20, 140 puts @ .10, sold @ 3.05, closing 6 weeks early.

BABA

I took off my weekly hedge for a .02 cent profit. Position is now 190 call,190 put, 185 put with no weekly call.

#coveredcalls

KRE synthetic/Fuzzy

BTO 2020, 64 call @ 8.049

STO 2020, 64 put @ 6.744

BTO 2020, 61 put @  5.603

STO March 16, 68 calls @ .04

The stock is breaking out and made a new high today. Higher rates should help this one.

 

ADSK

BTC March 16, 90 put @ .05, sold @ 2.15

WDC

BTC April 20, 65 put @.10, sold @ 1.70

LRCX

BTC March 16, 140 put @ .05, sold @ 1.65

I am slowly covering my puts as they get close to expiration. I don’t want to be too bearish but, if interest rates continue higher, this market is vulnerable.

CME Fuzzy

STO March 9, 172.5 calls @ .60 cents replacing the 170 calls that expired on Friday. I have 97 more weeks to sell weekly calls.

WYNN

The chart is not looking good this morning so, I rolled the March 9, 177.5 calls down to the March 16, 175 calls for a credit of .37 cents on my 2020 Fuzzy.

CME Fuzzy

My weekly hedge of March 2, 170 call will expire so I will sell the March 9 call on Monday which I hope will be the 175 call. That is it for this week Have a nice weekend to everyone. The call was against my 160,160,155 in 2020.

UNH

BTC April 20, 80 put @.10 on 1 contract. Sold @1.95

Good morning

Another ugly day unless you are short.

TQQQ Bearish Fuzzy

BTC March 9, 155 puts and rolled out to March 16, 150 puts for a credit of .14 cents. I should have waited before I rolled earlier.

WYNN Fuzzy

Rolled March 2 175 calls up to March 9, 177.5 calls for a credit of .45 cents.

TQQQ Bearish fuzzy

I rolled March 2, 155 put out to March 9, 155 put for a credit of 2.05, I think the option traders are bearish for next week.

WDC

BTC April 20, 60 put @ .10 cents, sold @ 1.20

Also, Added to my Bearish Fuzzy trade on TQQQ.

165,P,165C,170 C and the March 2, 155 put For a total cost of 26.00

SWKS

BTC May 70 puts @.10, sold @ 1.45

BABA Fuzzy

Rolled March 9, 195 calls to April 20, 200 calls for a credit od 2.60

Have a nice weekend to everyone

No expirations today.

TTD

BTC April 20, 35 put @ .05, sold @ 1.50 on 1 contract.

OLED

STO April 100 put @ 1.35 on 1 contract.

Good morning

More assignments on SVXY. This time it was the 60 puts.

COST

BTC April 125 puts @ .10, sold @ 1.25

BABA

I rolled my Feb. 23 190 calls out to March 9, 195 calls for a credit of .34 cents. This is part of a 2019 Fuzzy.

Good morning

I am still getting assignments. Today I was assigned the January 2019, 40 puts.It is reducing my average cost to below $50 so if we can get a stable market I have a chance of breaking even some day.

TQQQ fuzzy

I put the trade on for 28.90 and took it off for 30.60 so a small profit.

STC 165 put

BTC 165 call

STC 170 call

BTC 155 put

SJM

BTC April 20, 85 puts @.10, sold @ 1.25

I am slowly covering my naked put positions at .10 or better to free up more margin and waiting for a further decline.

CELG

STO June 115 covered calls @ 1.32

HRL

STO March 35,  covered calls @ .65

CME fuzzy

STO March 2, 170 call @ .55 cents, replacing the 167.5 call that expired on Friday. The Fuzzy is 160 calls,160 puts and 155 puts.

WYNN

STO March 2, 175 calls @.90 cents , replacing the 170 calls that expired on Friday. This is my Fuzzy 165call,165 put,160 put

SVXY assignments

January 2019, 45 puts

January 2019, 50 puts

January 2019, 55 puts

Expirations

CELG, 115 covered calls

CME 167.5 calls, fuzzy

DGX, 100 covered calls assigned

HRL, 35 covered calls

SVXY assignments: 80 puts, 65 puts, and 55 puts

Have a nice weekend

I am signing off early so see all of you on Tuesday.

WDAY

BTC March 16, 80 put @.10, sold @ 1.45

I am slowly clearing up a lot of my small put shorts.

ANET

STO June 200 put on 1 contract @ 6.90

TQQQ Bearish Fuzzy

BTO Jan. 2019, 165 put @ 35.207

STO Jan. 2019, 165 call@ 30.985

BTO Jan., 2019 170 call @ 28.403

STO Feb.23,155 put @ 2.846

Trade cost 29.80 plus the 5.00 spread, so I need .73 cents per week to break even.

TQQQ

BTC March 16, 75 puts @.10, sold @ 1.30

Good morning

More assignments today. Almost finished except for January 2019 put sales.

BABA Fuzzy

STO February 23 190 calls @.52, trying to buy February 210 calls for .01 which were sold @ .90
Covered @ .01

WYNN Fuzzy

BTO 2020 165 call @ 35.18

STO 2020 165 put@ 30.75

BTO 2020 160 put @ 28.28

STO Feb. 16, 170 call @ 1.51

WYNN

I am thinking of doing a Fuzzy on WYNN. I don’t see it going out of business in the next 2 years.

Good night

TQQQ

I am thinking of putting on a bearish Fuzzy trade on QQQ or TQQQ if we get a good bounce next week. Any thoughts?