Taking the full loss on $AMZN 6/19 2580/2600/2620 iron fly (20.00 less 14.92 in premium taken in including rolls = 5.08 loss). Reinitiating in July with 7/19 2530/2550//2860/2880 IC @ 8.04. Short strikes both at 24 delta.

Taking a bearish position in small caps. Sold $IWM 7/17 150/155 bear call spread @ 1.29 with IWM at 140.39. IVR rank 61.

First time in this underlying. Sold $WEX 7/17 145 put @ 4.50 with the stock around 173. Bid/ask spreads a little wide in this one.

Bought to close $LULU 7/17 250/340 strangle @ 3.90. Sold for 8.20 on 6/12. Taking the >50% available profit off the table as IV on this stock has come in quite a bit (rank was 60 on Friday, today it’s 23).

Sold $XOM 7/17 45 puts @ 1.58. IVR rank 49.

Sold $QCOM 7/17 80 puts @ 2.15. 28 delta, IV rank 41.

Sold $LULU 7/17 250/340 strangle (1 standard deviation–put and call deltas at 17 and 16) for 8.20 credit. Considered an iron condor but I decided to go with a smaller position for a trade that is much more easily adjustable if the stock has a big move in either direction. IV still high after earnings (IV rank 60).

From $UAL 6/19 40/60 short strangle, rolled the 60 calls down to 42 calls (21 delta) for .70 credit. Total premium now 3.23 so breakeven on the downside is 36.77. Stock currently trading around 35.

With the stock completely shooting through the call spread side, I rolled up put spread side of my iron condor. Rolled $AMZN 6/19 2300/2280 up to 2600/2580 bull put spread for 6.82 credit to create an iron butterfly with the 2600/2620 bear call spread. After 2 rolls of the put spread total premium for the position is now 14.92 against 20 point wide wings. If the stock stays above 1620 (or goes below 2580) I will take the max loss of what is now 5.08. If it comes back near 1600 I’ll try to get out for even or possibly a profit.

Bought to close $LULU 6/19 320/330 bear call spread @ 3.69. Sold for 3.05 on 6/1. Taking advantage of the down move to get out for a small loss (relative to where it was a couple of days ago). If earnings weren’t this week I’d probably hold it closer to expiration but I’ll look to possibly put on a separate earnings trade Thursday, or something after earnings if there’s a big move.

Sold $UAL 6/19 40/60 strangle @ 2.53

Sold $COST 7/17 295 put @ 4.15. Cost basis 290.85 if assigned.

Bought to close $BA 7/17 130/120 bull put spread @ .40. Sold for 2.06 on 5/28.

-Bought to close profitable $REGN 6/19 470/520/650/700 iron condor @ 3.90 (sold for 8.05 on 5/20)
-Sold to open $REGN 7/17 520/680 strangle @ 11.80 with the stock at 598.76. Short puts/calls at 15 and 18 delta.

Sold $ZM 7/17 165/175/270/280 iron condor @ 3.35 with the stock at 218.82. Collecting about 1/3 the width of the strikes. Post-earnings. IV still relatively high with IV rank at 57. Short strikes at 18 (puts), 24 (calls).

Original trade was a diagonal call spread, long 8/21 10 calls and short 6/19 20 calls. With the stock at 17.95 and 19 days to expiration, I rolled the 6/19 20 calls out to 7/17 20 calls @ 1.05 credit. Debit on original trade was 6.00, so cost basis now reduced to 4.95.

Rolled $TSLA 6/19 650/630 bull put spread up to 780/760 for 2.80 credit (short puts 17∆). Paired as an iron condor with 950/970 bear call spread. Stock at 884.00. Total premium for position now 7.50.

Sold to open $LULU 6/19 320/330 bear call spread @ 3.05.

Sold $BA 7/17 130/120 bull put spread @ 2.06, with the stock between 152 and 153. Short puts at 21 delta.

Rolled short $MMM 9/18 115 puts up to 130 puts @ 1.50 credit with the stock at 159.17, new delta 16. This is the second rollup (from 100 to 115 to 130). Total premium collected now 5.12.

Rolled profitable short puts out to July:
6/19 100 puts to 7/17 100 puts @ 1.08 credit
6/19 101 puts to 7/17 105 puts @ 1.73 credit
Stock at 125.55

Sold to open $EWY 7/17 45/56 strangle @ 1.27 with the ETF at 51.23. Just about delta neutral (puts 18 and calls 19).

Sold $TSLA 6/19 630/650/950/970 iron condor @ 4.70 with the stock around 819. Leaning short with the short calls at 24 delta, short puts at 11 delta. Will look to roll the put spread side up it starts to run again.

Post-earnings, sold to open $BBY 7/17 65 puts @ 1.82. Delta 18. IV rank 42.

Sold to open $GILD 6/19 70/65 bull put spread @ 1.31 with the stock at 73.63.

From my iron condor, rolled $AMZN 6/19 2150/2130 bull put spread up to 2300/2280 for 2.10 credit. New short puts at 16 delta. Paired with 6/19 2600/2620 bear call spread. Total premium taken in now 8.10 against 20 point wide wings.

Putting on a short synthetic strangle in $REGN (short options with 50 point wide wings to reduce buying power requirement). Sold $REGN 6/19 470/520/650/700 iron condor @ 8.05 with the stock around 479. Short puts and calls at 18 and 15 delta. IV rank 43.
CORRECTION: Stock is at 579 not 479.

Sold $GLD 6/19 153/158/170/175 iron condor @ 1.49, leaning a bit short with short puts at 22 delta, short calls at 29 delta. IV rank 44.

Sold $EWW 6/19 28 puts @ .81. Delta 30. IV rank 47.

Sold $QQQ 6/19 205/210/240/245 iron condor @ 1.60 with QQQ at 227.43. Almost 1/3 of the width of the strikes. Just about delta neutral with put and call short strikes at 21 and 20. IV rank 31.

I didn’t expect to have an opportunity to close this so soon but I’ll take it. Bought to close $CINF 6/19 40 puts @ .51. Sold for 1.45 on 5/13. Captured 65% of the potential profit in 5 days.

Sold to open:
$WHR 6/19 101 puts @ 1.99 (17 delta)
$WHR 6/19 100 puts @ 1.89 (16 delta)
IV rank 42

Stock is trading like the bottom may be in. Sold to open $UAL 6/19 20 puts @ 1.59. Delta 26. IV rank 64.

Just put this initial trade on Friday and with the big move up I’m rolling $MMM 9/18 100 puts up to 115 puts for 1.42 credit. New strike at 14 delta. Total premium now 3.62.

Idea from TastyTrade.
Sold $BYND 6/19 100/110/175/185 iron condor @ 2.91

Sold $AMZN 6/19 2130/2150/2600/2620 iron condor @ 6.00. Short deltas 20 (puts) and 17 (calls).

Sold $AAPL 6/19 335 calls @ 2.12. Wrote against long stock so the calls are covered.

Bought to close $CODX diagonal call spread (long 8/21 9 calls + short 5/15 15 calls) @ 5.83 for a quick .50 profit with the stock running. Thanks for the great idea @smasty.

But I just can’t quit you, CODX. Reinitiated another diagonal call: bought 8/21 10 calls + sold 6/19 20 calls @ 6.00 debit. Earnings tomorrow (5/14) after the bell.

Bought to close $XLE 6/19 jade lizard (28 puts + 36.21/37.21 bear call spread) for .87. Sold for 2.10 on 4/20.

Corrected: Originally posted .66 as the closing price but that was just the call spread. Total to close .87 so 59% of possible profit.

Stock showing strength again so I’m giving a quick hook to this trade, keeping the loss to a minimum (.38). Bought to close $PTON 6/19 45/50 bear call spread @ 1.80. Sold earlier today for 1.42.

Sold $PTON 6/19 45/50 bear call spread @ 1.42. Post-earnings, looking like it may have hit its high on the gap up. Short leash–if the stock moves back toward the morning high I’ll cut bait.

Bought to close $AMZN 5/15 2130/2150/2480/2500 iron condor @ 1.96. Sold for 6.00 on 5/1.

Bought to close $TLT 6/19 170/175 bear call spread @ .70. Sold for 1.50 on 4/27.

Slowly. Sold $DIS 6/19 90 puts @ 2.08. Delta 21.

Via short puts. Sold $SBUX 6/19 60 puts @ 1.90 with the stock at 71.61. Delta 19. Cost basis if assigned 58.10.

Sold $UVXY 6/19 60/70 bear call spread @ 1.61

Sold $AMZN 5/15 2130/2150/2480/2500 iron condor @ 6.00 with the stock around 2300. Short strikes are at 18 delta. Credit received 30% of the width of the strikes.

Sold $AAPL 6/19 275/265 bull put spread @ 2.61

Bought to close $TQQQ 5/15 65 puts @ 3.60
Original sale: 4/17 65 puts for 2.40 on 2/25
Rolled out to 5/15 65 puts for 1.70 credit on 3/31
Overall profit per contract: .50
Feeling lucky to get out for a profit considering how deep in the money these were in March.

Sold $TLT 6/19 170/175 bear call spread @ 1.50

Sold $XLU 48/53/58/63 iron condor @ 1.48. IV rank 56.

Sold $SMH 6/19 100/110/150/160 iron condor @ 2.49. Short put/call strikes at 16 and 19 delta.

Bought to close $JPM 5/15 75/110 strangle @ .77. Sold for 1.75 on 4/20.

Bought to close $XOP 5/15 35 puts @ .70. Sold for 2.30 on 4/8.

And another idea borrowed from TastyTrade.
Sold $XLE 6/19 jade lizard (sold 28 puts + 36.21/37.21 bear call spread) for 2.10 credit. No upside risk (1.10 capped profit above 37.21) and downside breakeven of 25.90.

Borrowing an idea from TastyTrade.
Sold $JPM 5/15 75/110 strangle @ 1.75. Put and call deltas at 10 and 13.

Sold $UVXY 5/15 60/70 bear call spread @ 1.55

Bought to close $XOP 5/15 53 calls @ .24. Sold for 1.12 on 4/9. They were paired as a short strangle with 5/15 35 puts which I am still short.

Sold $ZM 5/15 120/110 bull put spread @ 2.00

Sold $XOP 5/15 53 calls @ 1.12 (22 delta) to create a short strangle with my 35 puts. Total premium taken now 3.42.

Sold $NVDA 5/15 250/240 bull put spread @ 3.00

Sold $XOP 5/15 35 puts @ 2.30

Sold $UVXY 5/1 70/80 bear call spread @ 1.39

Sold $QQQ 5/15 175/180/220/225 iron condor @ 1.77

Sold $ROKU 5/15 80/75 bull put spread @ 1.46

Sold $AAPL 4/17 230/220 bull put spread @ 2.33

Rolled $TQQQ 4/17 65 puts out to 5/15 65 puts @ 1.70 credit. Still a ways to go but getting closer and buying some time and a little more credit.

Sold $GLD May 15 138/143/163/168 iron condor for 1.66

Sold $AAPL 4/17 220/210 bull put spread @ 1.83. Short puts at 22 delta.

Sold $AAPL 4/17 220/210 bull put spread @ 1.78