#ironcondor NFLX followed a TradeWise…

#ironcondor
NFLX followed a TradeWise recommendation(TD Ameritrade)
Feb. 17 132/143/148/150 for .75

#shortcallspread BOIL Closed the short…

#shortcallspread
BOIL Closed the short side of a March 17 20/25 call spread. Pretty sure I followed #fuzzball, sold it for 1.35 on Dec. 9. Bought the call back for .35. I’ve done almost nothing the last couple weeks, getting back by booking a profit. I have enjoyed keeping up with all of you.

#spxcampaign #rolling SPX call spread…

#spxcampaign #rolling SPX call spread rolled
rolled Jan. 13 2060/2070 to Feb. 24 2070/2080 for a debit of 2.00. I’m going to be out of commission for a couple weeks, getting everything off after Jan. 20 for those weeks.

#becs FB Sold Jan. 20…

#becs FB

Sold Jan. 20 127/132 for .63

#bullputspread FB closed Jan. 20…

#bullputspread
FB closed Jan. 20 115/105 spread for .30, sold for 1.33 on Dec. 23.

#dogfood I’m told the price…

#dogfood

I’m told the price of dogfood will be going up because of some kind of mold that grows on corn that isn’t acceptable in the dog food world, but is acceptable in the human food world-apparently because of the way the two categories are processed. I cannot confirm or deny this story, came from a grain farmer–and it sounds good.
I’ll see if I can sell some puts on ticker ALPO

#coveredcalls TWTR sold Jan. 20…

#coveredcalls
TWTR sold Jan. 20 18 calls for .30

#rolling UVXY rolled Dec. 30…

#rolling
UVXY
rolled Dec. 30 10 puts to Jan. 20 for a credit of .41.

#coveredcalls FB-sold a Jan. 20…

#coveredcalls
FB-sold a Jan. 20 120 call for 1.42( a little early), bringing my cost basis of this #earnings trade that went bad down below 117, cost basis after earnings was 120.

Merry Christmas

funny-christmas-quotes

Merry Christmas

#earlyassignment Yikes IWM I’m now…

#earlyassignment

Yikes IWM I’m now short 200 shares from Jan. 20 expiry at 118.

#ironbutterfly AAPL closed Dec. 23…

#ironbutterfly
AAPL closed Dec. 23 110/115/115/120 put on last Friday, made $72.

#shortputs Twilight Zone Trade UVXY…

#shortputs
Twilight Zone Trade UVXY rolled an ITM Dec. 23 8.5 put to Jan. 20, 8 put for a .39 credit.

#earningstrade NKE Closed earnings trade…

#earningstrade
NKE Closed earnings trade which was a TT follow, made $72.

#earningstrade #tastytradefollow NKE bought 51.50…

#earningstrade #tastytradefollow
NKE bought 51.50 call spread, sold 51.50/45 put spread for a credit of .19 earnings tonight, Dec. 23 expiration.

#shortputs SVXY closed Jan. 20…

#shortputs
SVXY closed Jan. 20 short puts 25,40,55

#ironbutterfly AAPL Dec. 23 110/115/115/120…

#ironbutterfly AAPL
Dec. 23 110/115/115/120 for 2.07

#shortputs NUGT Sold Jan. 29…

#shortputs NUGT Sold Jan. 29 5 put for .45

#coveredcalls #earnings FB On November…

#coveredcalls #earnings FB
On November 7 I was assigned FB @ 130 from earnings. Through following examples from here I have the cost basis down to 120. Sold a Dec. 23, 120 call for 1.67.

#ironbutterfly LLY On Nov. 4,…

#ironbutterfly LLY
On Nov. 4, sold a Dec. 16 60/72.50/72.50/82.50 fly closed today, made 230. Really need patience with these things, like most premium selling.

#earnings RH a 32/45 strangle…

#earnings on Dec. 8, RH sold a 32/45 strangle for 90, was assigned, sold the shares this morning for 31.85

#shortputs RH Sold Jan. 20,…

#shortputs
RH Sold Jan. 20, 27.50 put for .70

#longput followed from TT for…

#longput followed from TT for $5 IWM Dec 9 135/133 put spread.

#coveredcalls UVXY buy/write Dec. 16…

#coveredcalls UVXY buy/write Dec. 16 10 covered call, .81 for the call

#earnings LULU In September I…

#earnings LULU In September I was assigned 100 shares of LULU at 70, sold calls and puts and watched it go into the 50s. Yesterday I closed a call just in case it went up after earnings. Christmas came early and I sold today at 71.19. My adult children may receive presents after all.

#earnings no LULU takers today?…

#earnings no LULU takers today? I’m not because I’m still fighting off last quarters assignment

OK-I’ll say it, as of…

OK-I’ll say it, as of now the market is actually down at 8:53 CST on Wednesday, Dec. 7, 2016.

#earnings AZO Couldn’t get filled,…

#earnings AZO
Couldn’t get filled, darn it, on the put side, but closed after 1 day 830/840 call spread, made an easy no stress .52. Thanks Jeff

#ironbutterfly #followedfromtt SPY Jan. 4…

#ironbutterfly #followedfromtt
SPY Jan. 4 215.5/220.5/220.5/224.5 for 3.21, risk 1.87

#shortstrangle EWW Closed Jan. 20…

#shortstrangles

EWW Closed Jan. 20 38/48 for 36, sold for 103 on Nov. 18

#spxcampaign #ironcondor #tastytradefollow SPX Jan….

#spxcampaign #ironcondor #tastytradefollow

SPX Jan. 20 2080/2100/2200/2220 for 13.80

#shortputs USO Closed Dec. 16…

#shortputs

USO Closed Dec. 16 and Jan. 16 9.5 puts bought yesterday and Nov. 3, made 60%. I won’t bet that some of the worst people in the world keep their word of honor to each other.

#shortputs USO sold Jan. 20,…

#shortputs
USO sold Jan. 20, 9.50 put for .47

TLT #shortstrangle Followed from TT…

TLT
#shortstrangles Followed from TT Jan 20 121 put/122 call for 5.00

#coveredcalls TLT UVXY Sold TLT…

#coveredcalls
TLT UVXY CHK

Sold TLT Dec. 9 124 call for .42
Sold UVXY Jan. 20 20 call for .78
Sold CHK Jan. 20 8 calls for .24

I just received a 1…

I just received a 1 year Happy Anniversary from WordPress. Many thanks again to Jeff for this great site, and also to those of you for sharing your expertise here.

#spxcampaign #rolling Rolled Dec. 2,…

#spxcampaign #rolling

Rolled Dec. 2, 2220/2245 to Dec. 5 2220/2240 for a .90 credit.

#Holidayweekend #IWM Enjoy the day…

#Holidayweekend
IWM
Enjoy the day off tomorrow. There is a Wikileaks rumor that RUT will go down on Friday-source is unconfirmed.
I bought a Dec. 9 135/133 BePS for .99.

FB #shortputs Sold Dec. 16…

FB #shortputs

Sold Dec. 16 115 put for .88 to go with 126 covered call a result of assigned stock

DUST Closed Dec and Jan…

DUST
Closed Dec and Jan 60 calls, freed up 10K in margin. I’m aware it may have been wiser to see how far the price would drop, but both trades are profitable. As Fuzzball has pointed out, TD has a large margin requirement on these tickers. The margin increases with the stock price, at least for me it does.

#optionsexpiration AAPL 125/130 BuCS This…

#optionsexpiration

AAPL 125/130 BuCS This was part of an earnings hedge
CHK 8 covered calls
DDD 16 covered call
DUST 37 puts (thanks Iceman)
ENDP 13.5 put
NUGT 16 and 17 calls-sorry I forget who to thank, didn’t come up with those on my own but thanks
REGN 295/300 put spread (don’t ask about the call spread of the earnings iron condor)
SQ 13 covered call
TLT 138 call-remnant of an iron fly, early assigned on the long put
TWTR 18 put and 20 covered calls

DUST

rolled Dec. 16 55 call to Jan. 20 60 call for 1.50 credit-you DUST dealers have nerves of steel.

FB

Rolled Nov. 18 125 covered call to Dec. 16 125 for a .67 credit. I was assigned 100 shares after earnings at 130, cost basis is about 123, have a couple Bups going as well.

BBY

Jeff-you asked how I received .91 yesterday-just noticed it was a Dec. 2 expiration-sorry about that

FB Followed from TT sold…

FB

Followed from TT sold Jan 16 115/110 put spread for 1.15

TLT I was sold 100…

TLT

I was sold 100 shares of TLT against my will at 138 from an iron fly. After selling the long put and accounting for everything else, my cost basis is 127.90. TLT is at 122.

FB sold Dec 16 110/100…

FB
sold Dec 16 110/100 put spread for 1.40

#options expiration Usually close things…

#options expiration

Usually close things early
DHI followed the earnings guy at TT who is often wrong 29.50/31 BuCS small loss
JAZZ followed Jeff who is usually right 90/95/115/120 #earnings IC
SVXY 59 put likely Iceman follow
DUST 1 day buy write thanks ncdrdrunnr

What a week!

RUT On Oct 21 I…

RUT

On Oct 21 I followed a TT calendar sold a Nov. 18 1200 put and bought a Dec. 16 1200 put for an 11.23 debit and it immediately went under water, until today. I closed it and made $146. I have a lot to learn about the calendars. I closed mine before the TT people closed theirs, and I did better-luck is a good thing.

SPY My roll of the…

SPY

My roll of the dice for tomorrow Followed at TT Nov. 11 206.50/214/214.221.50 for 3.78 and bought a Nov. 18 214.50 call. Last week I bought an SPX Nov. 9 1950/1900 armageddon put spread for .80.

PCLN

Up 100 today!

 

 

AMZN Sold Dec. 16 850/860…

AMZN

Sold Dec. 16 850/860 call spread for 1.02.

FB Received 100 shares of…

FB
Received 100 shares of FB from earnings, cost basis is 123.91. Sold a Nov. 18, 125 call for .91.

#Earnings Our old friend PCLN…

#Earnings

Our old friend PCLN on Monday!

Major Earnings for the Upcoming Week:
Monday:
A.M. – ARIA, NILE, CTSH, DF, FDC, MGM, ROK, BID, SYY
P.M.– ALGN, ARNA, CZR, HTZ, IFF, MAR, NWS, PCLN

Tuesday:
A.M.– CNK, CVS, DHI, JCI, VRX
P.M.– TRIP

Wednesday:
A.M. – MT, CROX, COTY, M, VIAB, WEN
P.M. –TCS, MYL, SHAK, SLW, SUN, VVUS

Thursday:
A.M. –AZN, KSS, PRTY, PRGO, RL, SODA
P.M. –KORS,JWN, NVDA,DIS

Friday:
A.M.– JCP

OIL

Falling Oil (/CL) prices certainly did not help stocks this past week. Crude finished down over 9% as inventories saw a massive build this past Wednesday. The 14.4 M Barrel build in inventories was the largest on record and the Rig count continued to increase according to Friday’s count. Despite the expected interest rate hike next month, Bond prices surged up this past week. The inverse benchmark 10-Year Yield fell 7 bps to 1.78% and also pushed the U.S. dollar lower. The Fed Funds market is currently pricing in a probability of 66.8% of a December rate, although it did fall after the Fed meeting.

SBUX

Following the TradeWise guidance on this rolled short Nov. 4, 52 put and call to Nov. 11 for a .48 credit (they said I’d get .80 but I was out running when it came in). They are paired with long Nov. 18, 52 put and call.

VXX followed from TT Dec….

VXX
followed from TT Dec. 16 20/30/46/56 with VXX around 38, for 2.29 credit

SBUX I signed up for…

SBUX

I signed up for a couple months of free trades through TD from TradeWise, formerly Red Options or something. This is the first I’ve tried sold Nov. 4 52 put/52 call bought Nov. 18 52 put/52 call for a 66 debit. earnings tonight for Starbucks. Probably anyone with TD has been offered this 2 month trial.

UUP Trying something new, playing…

UUP

Trying something new, playing a strengthening dollar, bought 10 Dec. 16, 26 calls at .07, sold a Dec 26 put for .89, UUP is at 25.15.

SPX Yesterday followed from TT,…

SPX
Yesterday followed from TT, bought a Nov. 9 1950/1900 long put spread for .80, a little Armageddon insurance.

FB Sold my Nov 123…

FB

Sold my Nov 123 long put hedge, the call hedge is worthless, made .50 between the two, need some more FB recovery.

FB many FB earnings trades…

FB

many FB earnings trades here and at TT, mostly neutral to slightly bullish, something for everyone if you want to play along.

FB #Hedge I often hedge…

FB #Hedge
I often hedge earnings trades by going out further which sometimes defeats the purpose but in the event the real job gets in the way I have time to make yet another bad decision. Instead I bought a Nov. 4 123/137 straddle for 1.67. It may offer some protection along with a roll in case of a blow out either direction.

FB #earnings Nov. 4 120/130/130/140…

FB
#earnings Nov. 4 120/130/130/140 for 6.11.

CI Cigna-Tim Knight has been…

CI
Cigna-Tim Knight has been talking this up as a short, so I sold a Nov. 18 125/130 call spread for 1.30, thinly traded options.

Good morning-anybody else having trouble…

Good morning-anybody else having trouble with TD Ameritrade?

TAP I think we can…

TAP

I think we can now open a Molson in celebration-Cheers Jeff

IWM Sold Dec. 16 109/118/118/125…

IWM
Sold Dec. 16 109/118/118/125 iron fly for 5.10, followed Ryan at TT. He seems pretty reliable on these trades.

AMZN

Post earnings trades, closed Nov. 18 put spreads, 720/730 for 45 credit, 734/745 63 credit, Dec. 700/710 for a 30 credit.

Have a nice weekend everyone…

Have a nice weekend everyone after this exciting week.

AMZN Nov. 11 745/735 put…

AMZN

Nov. 11 745/735 put spread for 1.26, playing the bounce

AMZN

I followed from TT, bought(don’t shun me) an Oct. 29 iron condor, 772.5/777.5/860/865 for 2.78 debit to go with my short Nov. 18 IC. I’ll take a big move tomorrow, followed by a leveling out over the next couple weeks.

TWTR

Does anybody think there is any way this dog goes up after earnings?

AMZN

#earnings old school iron condor Nov. 18 720/730/930/940 for 1.50

AMZN GOOGL Earnings-anybody interested in…

AMZN GOOGL

Earnings-anybody interested in rolling the dice?