#shortstock My only experience being…

#shortstock
My only experience being short shares of stock was being assigned a few times, and a couple of those worked out, a couple didn’t. I’ve been watching TastyTrades permabear (thanks fuzzball) Tim Knight and decided to start trying some trades on the short side. I’m no chartist and I’ve been interpreting his interpretations. Like all of the prognosticators, he isn’t always right but I’ve had some success. I haven’t posted because I haven’t known what I was doing. So far, no losers( a couple slightly underwater) and just about everything has been $50- $100 gains. Here is what I have done on the short side, and a few short call spreads and long puts have worked as well. Still have a steep learning curve.
I sold 100 shares of the named stock on the first date, and bought to close (cover) on the 2nd date, reading across.
Aug. 27 DENN covered Aug. 21
Aug. 28 RDN covered Sept. 26
Aug. 31 PIR covered Sept. 11 (don’t short $1.80 stocks)
Sept. 5 DVN covered Sept. 6
Sept. 5 BNS covered covered Oct. 10
Sept. 6 DBC still in
Sept. 7 AXS covered Sept. 11
Sept. 10 MRO still in
Sept. 14 DVN covered Sept. 17
Sept. 20 DENN still in
Sept. 25 MU covered Oct. 4
Oct. 2 RSX covered Oct. 4
Oct. 4 CRUS covered Oct. 5
Oct. 4 FXI covered Oct. 8
Oct. 8 BOX covered Oct. 9
Oct. 9 BFR covered Oct. 10
Oct. 10 RSX still in

Short Call Spreads, all closed except GDX, sold close to the money.
BUD
HIG
NOC
BUD again
GDX not doing well

#shortputs #fallingknife (kind of) SQ…

#shortputs #fallingknife (kind of) SQ

I suppose most stocks have been falling knife candidates all week so I use the term loosely.
Sold Nov. 2, 60 put for .89, earnings should be Nov. 7.

#shortputspread #closing AMZN bought put…

#shortputspread #closing AMZN
bought put spreads for .23, sold yesterday for .63.

#earnings #ironbutterfly #closing JPM sold…

#earnings #ironbutterfly #closing JPM
sold yesterday for 4.16, bought this morning for 3.15.

#earnings #ironbutterly JPM sold Oct….

#earnings #ironbutterly JPM
sold Oct. 19 100/108/108/115 for 4.16

#shortputspread AMZN Tradewise recommendation, sold…

#shortputspread AMZN
Tradewise recommendation, sold October 19, 1637.50/1640 put spreads for .63.

#shortstock #closing BOX Oct. 8…

#shortstock #closing BOX
Oct. 8 sold short 100 shares of BOX at 19.93, covered this morning at 19.04.

DENN

Denny’s is up today, apparently the flight to quality is from AAPL, ANET, AMZN–to Dennys!

#shortstraddle EWZ TastyTrade follow, sold…

#shortstraddle EWZ PBR

TastyTrade follows, sold Nov. 40 straddle for 4.23, Nov. 9 PBR 16 straddle for 2.44.

#earnings #shortstraddle FAST Sold Nov….

#earnings #shortstraddle FAST
Sold Nov. 16 57.70 straddle for 5.10.

#shortstock BOX #shortputspread Tim Knight…

#shortstock BOX #shortputspread

Tim Knight rec-sold short 100 shares of BOX at 19.93
SMH sold Nov. 16 91/96 put spread for .83
DE closed Tradewise recommendation call spreads for .46, sold for .75

#shortstrangles #earnings #closing ROKU Way…

#shortstrangles #earnings #closing ROKU

Way back on August 29 I sold an October 19, 50/70 earnings strangle for 2.19. ROKU climbed to 77 last week, has come back to earth, bought today for 1.72, a little luck always helps.

#shortstrangles #closing SMH Sept. 20,…

#shortstrangles #closing SMH
Sept. 20, sold Nov. 16, 98/113 strangle for 2.53, bought today for 1.98.

#ratiostrangles EWZ Nov. 16, sold…

#ratiostrangles EWZ
Nov. 16, sold 2, 30 puts and 1, 40 call for 2.32. If it goes to 40, I’d be happy having been put 100 shares a few months ago.

#shortcallspreads DE Tradewise recommendation, sold…

#shortcallspreads DE

Tradewise recommendation, sold Oct. 26, 162.50/165 for .75

#longcalls #closing #preearnings C JPM…

#longcalls #closing #preearnings C JPM
Closed the Oct. 12 long calls today
C bought for .55, sold for .98
JPM 116 bought for 1.12, sold for 2.06
JPM 117 bought for .47, sold for 1.51

Thanks Jeff and Mama

#shortputs #fallingknife AAOI Aold Nov….

#shortputs #fallingknife AAOI
Sold Nov. 16, 20 put for .73, thanks fuzzball

#jadelizard SFIX Tastytrade idea sold…

#jadelizard SFIX
Tastytrade idea sold Nov. 16, 26/32/34, (+26 put, -32 call, +34) call for 2.23.

#shortcallspreads IWM Sold Nov. 16…

#shortcallspreads IWM
Sold Nov. 16 170/175 for .85

#fallingknife SFIX SFIX is down…

#fallingknife SFIX
SFIX is down big today after earnings, this is a Motley Fool best buy, AMZN is doing something similar. I choose my own clothes, waiting to see how far this falls.

#callratiospread SQ TastyTrade idea sold…

#callratiospread SQ

TastyTrade idea sold Nov. 19, 100/110, bought one 100 call, sold 2 110 calls for .52.

#shortputs #rolling NKTR Rolled Oct….

#shortputs #rolling NKTR
Rolled Oct. 19, 60 put to Nov. 19 for 3.88, NKTR down over 4 points today, looking like a #fallingknife candidate.

#shortputs #fallingknife TRTN Sold Jan….

#shortputs #fallingknife TRTN
Sold Jan. 19, 30 put for 1.45.

#ironcondor #closing TSLA bought Oct….

#ironcondor #closing TSLA
bought Oct. 19 255/260/340/345 for 1.33, sold Sept. 25 for 1.57, small victory.

#assignment WDC Early July I…

#assignment WDC
Early July I sold a 75 put, rolled it on the way down to Oct., assigned last night, basis of 73.70 grrrr

#fuzzy

#shortputs #closing #fallingknife DOCU Sept….

#shortputs #closing #fallingknife DOCU

Sept. 21 sold Nov. 16, 47.50 put for 2.30, bought today for 1.75

#shortputs #fallingknife BBBY sold Jan.,…

#shortputs #fallingknife BBBY
sold Jan., 12.50 put for .63, BBBY down about 23% on earnings.

#shortputs DUST September 13, sold…

#shortputs DUST
September 13, sold a September 21, 42.50 put for 1.73, DUST dusted me and went down, September 18 rolled it to September 28, bought today for a gain of $41.

#shortputs #fallingknife JBL Sold Jan….

#shortputs #fallingknife JBL
Sold Jan. 18, 27 put for 1.05, big drop yesterday after earnings.

#ironcondor TSLA Sold Oct. 19…

#ironcondor TSLA
Sold Oct. 19 255/260/340/345 for 1.57, TSLA is at 300.

#ironcondor #closing AMZN September 18,…

#ironcondor #closing AMZN

September 18, sold October 19, 1795/1800/2050/2055 for 2.04, bought today for 1.66.

#putratiospread #fallingknife JD Tastytrade idea…

#putratiospread #fallingknife JD

Tastytrade idea sold Oct. 19 back ratio, sold 2, 24 puts, bought 1, 25 put for .40 credit.

#shortputs DOCU Sold Nov. 47.50…

#shortputs DOCU
Sold Nov. 47.50 put for 2.30, DOCU is at 52.40.

#assignment #earnings SKX April 19,…

#assignment #earnings SKX
April 19, sold a May 37/47 strangle, SKX went down big, rolled the 37 to October, assigned last night, cost basis of 35, stock is at almost 27, grrr

#earnings #closing #shortstrangles MU Yesterday…

#earnings #closing #shortstrangles MU
Yesterday sold Oct. 18, 41/55 strangle for 1.38, bought today for .88.

#shortstrangles SMH TastyTrade idea, sold…

#shortstrangles SMH
TastyTrade idea, sold Nov. 16, 98/113 for 2.53, SMH is just under 108.

#earnings #shortstrangles MU Sold October…

#earnings #shortstrangles MU
Sold October 19, 41/55 for 1.38, Micron is at 46.

#shortputs #closing #fallingknife INTC July…

#shortputs #closing #fallingknife INTC
July 27, sold Jan. 42 put for 1.27, bought today for .84, thanks Iceman

#shortputs #rolling DUST rolled Sept….

#shortputs #rolling DUST
rolled Sept. 21, 42.50 put to Sept. 28 for .82, originally sold for 1.73 on Aug. 13, DUST is at 40.34.

#shortputs #closing #fallingknife AA July…

#shortputs #closing #fallingknife AA

July 19, sold January, 35 put at 1.40, bought today for 1.05

#shortputs #closing #fallingknife HAL Sept….

#shortputs #closing #fallingknife HAL
Sept. 5, sold Jan. 35 put for 1.31, bought today for .78.

#ironcondor BABA TastyTrade idea sold…

#ironcondor BABA

TastyTrade idea sold Oct. 19, 150/155/175/180 for 2.33, BABA is just under 165.

#shortputs DUST Sold Sept. 21,…

#shortputs DUST
Sold Sept. 21, 42.50 put for 1.73.

#ironcondor TSLA Short strikes from…

#ironcondor TSLA
Short strikes from TastyTrade idea, sold Oct. 19, 210/220/355/365 for 1.63, TSLA is around 290.

#shortputs TastyTrade Short puts are…

#shortputs TastyTrade

Short puts are sold here very often. Here is a 7 minute market measure on managing at 25%/50%/21 days and expiration with doing something at 21 days being the winner. Doesn’t help with the 4 days to expiration puts on DUST though.
https://www.tastytrade.com/tt/daily_recaps/2018-09-12/episodes/short-put-management-performance-09-12-2018

#fallingknife, #pietrades

#earnings #closing #shortputspread NFLX July…

#earnings #closing #shortputspread NFLX

July 12, sold Sept. 21, 350/360 put spread for 2.20, glad I went out in time as NFLX went from about 400 to about 310 in the month after earnings. Finally turned profitable today, bought for 1.94. Beats losing.

#earnings #shortstrangles #closing LULU August…

#earnings #shortstrangles #closing LULU

August 30, sold a seemingly safe 115/155 strangle for 2.12, stock about 138. LULU touched 160 a couple times, has backed off some, finally became slightly profitable this morning, just under 153, bought the strangle for 1.93, playing it safe and freeing up 3K in margin.

#shortputs NKTR sold Oct. 19,…

#shortputs NKTR

sold Oct. 19, 60 put for 2.45.

#shortputs EWZ Sold Oct. 19,…

#shortputs EWZ
Sold Oct. 19, 29 put for 1.29.

#fallingknife #shortputs JD Sold Dec….

#fallingknife #shortputs JD
Sold Dec. 21, 24 put for 1.27.

#shortputs FB From Tradewise sell…

#shortputs FB
From Tradewise sell Oct. 5, 155/157.50 for .62 each

#closing #shortputspread TSLA August 28,…

#closing #shortputspread TSLA
August 28, sold a 300/310 put spread for 3.43, rolled it down and out, not far enough, closed today for a $1547 loss, played with fire arrgghh

#shortputspread #closing #earnings AVGO July…

#shortputspread #closing #earnings AVGO

July 15, sold an August 17, 210/215, put spread for 1.00. August 15, rolled it to Sept. 21, 200/210 for 1.34, closed today for .40 after the earnings pop. My initial timing was right, could have closed profitable after about 10 days and avoided the earnings risk, but no, had to try for more which resulted in a de facto risky earnings trade-I feel lucky.

#coveredcalls #rolling WYNN Rolled Sept….

#coveredcalls #rolling WYNN
Rolled Sept. 21, 150 call to Sept. 21, 135 call for 1.39, cost basis down to 146, but WYNN is down to 128, not the way it is supposed to go.

#fallingknife WYNN WYNN is down…

#fallingknife WYNN

WYNN is down $10 today, nothing new on yet but the Sept. 21, 150 call (covered) is gold.

#closedstock TRTN Sold my shares…

#closedstock TRTN
Sold my shares at 37.65, bought March 20 for 31.68, have an Oct. 19, 35 put. All thanks to @tabortrader for this ticker.

#ironcondor CMG August 15, sold…

#ironcondor CMG
August 15, sold a Sept. 21, 485/490/550/555 for 2.22. On August 27, CMG started this week long decline (again-so much for the 3 day rule), down another 8.50 today to 4.75, decided to cut and run, get back in if 475 is actual support. Bought put spread for 3.00.

#earnings #shortstrangles LULU sold Sept….

#earnings #shortstrangles LULU
sold Sept. 21, 115/155 for 2.12

#lophir

#shortputs SCCO Sold Nov. 16,…

#shortputs SCCO #rolling WDC

SCCO Sold Nov. 16, 40 put for .85
WDC rolled Sept. 75 put to October for .46.

#earnings #shortstrangles CRM Sold Sept….

#earnings #shortstrangles CRM
Sold Sept. 15, 140/170 for 1.34.

#earnings #closing DKS Yesterday sold…

#earnings #closing DKS

Yesterday sold Sept. 32/41 strangle for 1.20, closed this morning for .64.

#earnings #closing BBY Monday I…

#earnings #closing BBY
Monday I sold an Oct. 70/95 strangle for 1.42, bought this morning for .85

#earnings #shortstrangles DKS Sold Sept….

#earnings #shortstrangles DKS

Sold Sept. 21, 32/41 for 1.20, .60 each side, Dick’s is at 36.51.

https://www.wsj.com/articles/dear-investor-that-cocky-voice-in-your-head-is-wrong-1535108459

https://www.wsj.com/articles/dear-investor-that-cocky-voice-in-your-head-is-wrong-1535108459

#earnings #shortstrangles BBY Sold Oct….

#earnings #shortstrangles BBY
Sold Oct. 70/95 strangle for 1.42

#advice #shortcallspreads SODA Looking for…

#advice #shortcallspreads SODA

Looking for the best way out. August 9 I sold a Sept. 21, 135/145 call spread for 1.33, SODA had a run up after earnings, then the Pepsi announcement put this in the money, currently at 142.
Any ideas? Thanks.

#shortputs #closing ESPR August 22,…

#shortputs #closing ESPR
August 22, followed honkhonk81 into ESPR, sold Sept. 21, 40 put for 1.77, bought today for .51.
Unrelated but need TSLA above 320

#shortputs #pietrade OIH Sold Sept….

#shortputs #pietrade OIH
Sold Sept. 21, 25 put for .54, ATM

#shortstrangles EWZ Followed Ramie’s EWZ…

#shortstrangles EWZ
Followed Ramie’s Oct. 28/36 EWZ strangle from yesterday, for 1.83-thanks

#shortputs #earnings related GPS Tradewise…

#shortputs #earnings related GPS
Tradewise has a covered call recommendation on the Gap, buy 100 shares and sell a Sept., 32 call. I sold a Sept. 32 put for 3.17, GPS is at 28.80, down 3.50, 11%, $900 margin instead of $2900 for the buy/write.

#earnings #shortstraddle #closing URBN Yesterday…

#earnings #shortstraddle #closing URBN
Yesterday sold Aug. 24, 47.50 straddle for 4.03, bought today for 2.70.

#shortputs ESPR Followed honkhonk and…

#shortputs ESPR

Followed honkhonk and geewhiz’ trade yesterday into this but sold a Sept. 21, 40 put for 1.77-thanks

#earnings #shortstraddle URBN Sold August…

#earnings #shortstraddle URBN
Sold August 24, 47.50 straddle for 4.03, very high IV

#shortputs #fallingknife #closing HBI August…

#shortputs #fallingknife #closing HBI
August 1, followed Iceman in selling a couple January, 16 puts @ .65, closed today for .35, didn’t lose my shorts on this one.

#shortputs #closing TRTN January 19,…

#shortputs #closing TRTN
January 19, I sold a Feb. 16, 35 put after TRTN dropped to 40, February 16 it was below 28, rolled to March, then to October. Today it’s hovering around 39, bought the put today for 82, making 4.50 after the rolls. Still have an Oct. 40 put that originated in Nov. of 2017 that is profitable but no trading in it today.