OX $PTON 11/22 27p #Shortputs
STO $PTON 11/29 27.5p @.35 #Shortputs Replacing above. Looking to add to long stock
OX $SPLK 11/22 105/115 #BuPS STO 11/21 @1.05 – Thanks for info/idea @Jeff and @Fuzzball #Earnings
Author Archives: Lesserweavil
CMG
Expiration
OX $OSTK Nov 15 15 Calls (covered) – STO 10/21 @.30. Very under water on the underlying.
ISRG NVDA PTON
BTC $ISRG 525/535 #BuPS @0.25. Was STO 11/8 @1.25.
BTC $NVDA 225/235 Nov 29 #BeCS @0.4. Originally STO as 220/230 Oct 17@1.10, rolled 11/14 @-0.20.
OX $NVDA Nov 15 180/190 11/15 #BuPS. Was STO 11/5@1.05. (unless things tank this afternoon)
STO $NVDA 180/190 Dec 20 #BuPS @1.65.
From Yesterday, following Jeff’s Butterfly: BTO $NVDA Nov 15 +210c/-212.5c/-217.5c/+220 Condor @-0.45
Today: BTC $NVDA Nov 15 212.5c @0.18 Gain of (5.27 – 0.18) = +5.09
BTC $NVDA Nov 15 217.5c @0.08 Gain of (3.2 – 0.08) = +3.12
STC $NVDA Nov 15 220c @0.06 Loss of (2.4-0.06) = – 2.34
Rolled the $NVDA 210c into a Dec 20 230/240 #BeCS @+0.90 with 6.52-0.2 = 6.32 loss realized, so far, on the 210c.
All of which just about adds up to hopefully, the Call spread expires worthless and covers brokerage fees.
Rolled $PTON 27 Nov 15 27 Calls (covered) // Nov 22 28 Calls @+0.30, with $PTON @~27.6. Underlying was BTO at 27 on the day of IPO. May have jumped too early, as its pulled back under $27 again today.
Rolled Up/Out $PTON Nov 15 26 long puts // Nov 22 27 long puts @0.85.
ISRG
BTC $ISRG 10/25 585/595 #BeCS @.20. STO 10/18/2019 @1.20
OSTK
STO $OSTK 15 11/15/2019 Calls @0.35. Replacing calls that expired 10.18.
ISRG NFLX OSTK
TEAM
CMG
BTC $CMG 790/800 10/18/2019 #BuPS @0.14. Was STO 10/10 @1.5.
NFLX
TSLA
STO $TSLA 300/310 Nov 15 2019 #BeCS @1.21
MEI
BTC 10/18/2019 35 calls @0.08. Stock is at 34.05.
NUGT, UVXY, SPLK and SPX 1-DTE
BTC UVXY 10/18/2019 35/45 Nov 15 2019 #BeCS @0.4. Was STO 10/2 @1.65.
BTC SPLK 10/18/2019 105/115 #BuPS @0.35. This had been rolled from the Sept earnings trade. ~$1.20/share gain (though I don’t have my tracking spreadsheet in front of me at the moment)
BTC NUGT 10/18/2019 20/29.5 #BuPS @1.95. Basically break-even, but this was the second round on a double-dip.
Wanted to take some risk off today. Been thinking over Friday’s SPX 1-DTE trade a bunch over the weekend. Short version, my stops triggered, as Jeff’s did, but I didn’t get fills. I canceled the BTC order, and then spent the day sweating it out, hoping for a pullback to get out of the position, which didn’t happen until the last 15 minutes of the trading day. My position expired valueless over the weekend, but being frank, could just as easily have been a big loss, if SPX had swung ~15 up instead of ~15 down. Pretty much dumb luck, not smart trading. Really don’t know what I was thinking, if I was thinking at all, when I canceled the BTC order. Hope and Luck aren’t smart trading. I’m also going to put a pause on the SPX 1-DTE trades for a while.
LULU
BTC $LULU 175/185 Oct 18 #BuPS @0.14. Was STO Sept 30 @1.45.
DPZ
BTC DPZ 210/220/270/280 Oct 18 2019 #IC @0.25 (0.05 put and 0.20 call side 0.25 total) – was STO 10/7/2019 @ 1.55
Once again Jeff – many thanks for the data!
WORK
Rolled $WORK Oct 18 2019 28 Calls // Nov 15 2019 30 @0.25. Basis at 37.82. Still chipping away.
SPX 1-DTE Stopped
SPX 1-DTE 2950/2970 Call side @0.85. Condor sold yesterday for 1.20. Stop was at 2942.5.
STZ
TSLA
ADBE
BTC $ADBE Oct 18 2019 300/310 #BeCS @0.07. Was STO 9/23 @0.50.
AMD
Rolled $AMD Oct 18 2019 33 #CoveredCalls // Nov 15 2019 @.74.
SPX / AMD / UVXY
STO UVXY 35/45 Nov 15 2019 #BeCS @1.65
SPX 1-dte 2870/2890 put spread stopped @4.05 when spx dropped below 2900. Condors sold yesterday @1.10. Holding Call side.
Rolled AMD Oct 18 2019 34 // Nov 15 2019 #shortputs @0.45
LULU
STO $LULU 10/18/2019 175/185 #BuPS @1.45.
SPX 1-dte NUGT
#SPX1dte
STO $SPX Sept 30th 2870/2890-3000/3020 condors for 1.00
#optionsexpiration
$SPX Sept 27 2920/2935/3010/3025 – STO @.85 yesterday.
Was too early on this – closed before things really dropped:
BTC $NUGT Oct 04 35/40 Call Vertical @0.36 Was STO @0.86 on 9/20.
Rolled $NUGT Oct 4 30.5 Put // Oct 18 29.5 put @0.65, against existing 10/18 20 put #tripledip.
SPLK
BTC $SPLK 10/18/2019 125 put @ 8.8. Basically breakeven on this after a couple adjustments, but wanted to reduce risk.
Still holding $SPLK 105/115 #BuPS.
NUGT
Rolled $NUGT 9/27 35/40 #BeCS // 10/4, same strikes @0.15 credit.
NUGT WORK STZ
Rolled $NUGT 9/27 30 Puts // 10/4 30.5 puts @.50 Credit against existing 10/18 20 puts
Rolled down 10/18 $WORK 10/18/2019 40 Calls // 10/18/2019 28 Calls @.57. #CoveredCalls.
STO $STZ 180/190/220/230 10/18/2019 #IC @2.25. Earnings 10/3. Short options at ~20 delta.
Options Expiration
$ADBE 9/20 292.5/302.5 #BeCS – STO 9/11 @1.31 as part of a #IronCondor.
$TSLA 9/20 220/230 #BuPS – STO 9/12 @0.74
$SPX 9/20 2950/2965/3040/3055 #IC STO 9/19 @0.80.
NUGT
STO $NUGT 35/40 9/27/2019 #BeCS @.85
OSTK
#CoveredCalls
STO 10.18.2018 $OSTK 20 calls @0.95
NFLX
BTC NFLX 9/20 165/175 #BuPS @1.28. Was STO 8/12 @1.42. Stock at 276.50 or so.
Is frustrating as this was ~@0.05 yesterday at the close. Looks like there was unfavorable analyst news out this morning which caused the underlying to tank. How convenient.
SPX 1-DTE Expiring
Expiring $SPXW 9/18/2019 2930/2945/3040/3055 #IronCondor STO 9/17 @0.90
Been following these when I can – usually going with $15 wide spreads. Stops at $5 away from the short options strikes, which helps keep me from feeling like I need to watch the chart constantly.
Thank you Jeff!
ADBE
BYND
Rolled 9.20.2019 255/265 #BuPS // 10.19.2019 @0.27 credit.
TSLA
STO Sept-20-2019 220/230 #BuPS @0.74.
Rolled Sept-20-2019 250/260 #bearcallspreads to Oct-19-2019 255/265 @0.28 Credit. Stock around 252.50
ISRG
NUGT
Rolled $NUGT Sept-13 30 Puts for Sept-27 @ 1.00 against existing Oct-19-2019 20 puts.
TSLA
OSTK
#CoveredCalls
Roll up and back $OSTK 9/20 17.5 calls for 9/13 21.5 calls @3.20 – basis now 18.50.
AMD
Roll $AMD 34 Sep-20-2019 #shortputs for 34 Oct-18-2019 @+0.4. Basis now $31.37. Stock at 30.18.
MEI
#coveredcalls
Rolled $MEI 35 Sept 20 2019 Calls for Oct 18 2019 35 @+.70.
UVXY
BTC $UVXY 9/20/2019 45/55 #BuCS @0.05.
OSTK
Rolled 9/6/2019 16.5 calls for 9/20/2016 17.5 calls @0.55 – my basis is now 15.3.
The stock popped up to ~16.93 today.
LULU
Posted this as a comment…
NVDA
BTC $NVDA 140/150 #BuPS @0.12. Was STO 8/27 @1.37.
OSTK
Expired (Friday) – $OSTK 17.5 8/30/2019 Calls, covered.
STO $OSTK 16.5 9/6/2019 calls (covered) @ 0.60. Basis now 15.85.
SPX
BTC $SPX 2940/2950 8/30 #BeCS @.90. Basis was $2.00 after a couple of rolls. Glad to have the buying power back.
HD – Close
BTC $HD 1.925 Puts @0.4 – was the put side of a #jadelizard #earnings trade which was STO @1.84 on 8/19/2019.
SPX
Rolled 8/23/2019 $SPX 2935/2945 #BuCS for 8/30 same strikes +@0.60. Jumped too soon, but wasn’t sure where things were going this morning, and didn’t want to be caught ITM. Have been kicking this can down the road for a while. $2.00 basis after today’s roll, and mark closed at $1.075. Could/should have waited until after lunch, and then just let it expire.
Sold today & Expiring $SPX 8/23/2019 2880/2895 #BuCS @1.10.
Hoping for a quiet news weekend and some recovery next week. Not holding my breath though.
HD – Lizard Early close
BTC HD 215/217.5 9/20/2019 Call vertical @1.65. Doesn’t look like its getting better, so taking an early out before it goes to max loss (@2.5). Still holding the put side (192.5 strike) for the time being.
SPX Expiring / LULU
WORK
Expired $WORK Aug 16 40 Call (covered). Was STO on 7/11 @.45.
NVDA
SPY
~$100k bet that the market will be up 10% by October?
https://finance.yahoo.com/news/someones-betting-big-p-500-193135605.html
(wasn’t me…)
SPX
Expiring SPX 8/12/2019 2845/2860/2970/2985 #IC. Was STO 8/9 @0.95.
AMD SPX
STO $AMD Sept 20 2019 34 puts @2.23. Was ATM when sold. Cash Secured. Willing to own the stock.
Expiring $SPX 2850/2865//2965/2980 #IC. Was STO @1.05 yesterday following Jeff.
Have rolled pretty much everything else out and or up this week. Sorry haven’t posted all of the trades. Finding that some have turned out to be unneeded, as things generally recovered. I need to be more patient.
AAPL
BTC $AAPL 8/16/2019 180/190 #BuPS @0.10. Was STO 7/11 @1.30.
Still holding the 9/20 $AAPL 225/190 Strangle from yesterday.
NUGT – Roll
Rolled 8/2/2019 34 Calls (Covered) for 8/9/2019 34.5 calls @0.40. Overall Cost basis @31.53.
BYND
NUGT
STO 8/2/2019 $NUGT 34 calls (covered) @1.08.
TSLA LULU
Expiring $TSLA 7/19/2019 275/265//190/200 IC. Legged into this on 6/18. Put side was sold @1.7, the calls @1.32.
BTC $LULU 8/16/2019 165/175 #Bups @.67. was STO 7/9 @1.40.
FB
BTC $FB 7/26/2019 180/190 #BUPS @1.65. Was STO 7/11 @1.49. Earnings 7/24 after. Taking a small loss and taking some risk off.
SPX ~1-DTE
BTC $SPX 2955/2965 #BuPS 7/19/2019 AM @.10. Was STO just before close yesterday @1.0.
Almost makes me even for the day against the $NFLX loss noted earlier. (I’m sure my broker isn’t complaining about the commissions they’ve banked)
NFLX
Roll $NFLX 7/19/2019 330/340 #bups for 330/340 8/16/2019 @-1.00. Ouch but not as much ouch as letting this expire ITM.
IBM
ADBE
STO $ADBE 8/16/2019 285/295 #BuPS @1.40.
ADBE + BYND
WORK
Rolled $WORK Jul 2019 40 calls (Covered) for Aug 2019 40 calls @+.40.
Takes my basis down to 39.11 with the stock at 34.96.
FB
STO $FB 180/190 7/26/2019 #BuPS @1.49. Earnings are on the 24th. 190 Put is ~22 delta.
FB
Early Close –
BTC FB 165/175 7/19/2019 #BuPS @ 0.07 – was STO 6/19 @1.20.
NFLX ADBE
WORK
STO $WORK 7/19/2019 40 Calls @.8 against stock bought at 40.31. $WORK currently @37.00 #diggingout
NVDA
BTC $NVDA 7/19/2019 130/140 #BuPS @.10. Was STO 6/18 @1.55.
AMD
STO July 30.5 calls @1.05 against existing stock
Options Bistro 