#coveredcalls WFC UNG
WFC Sold May 22, 26.50 call for .31
UNG Sold June 19, 15 call for .42
Author Archives: thomberg1201
#closing C SQ C Bought…
#earnings UBER Sold May 15,…
#earnings UBER
Sold May 15, 28/30 #putratiospread for .32
#earnings SQ Sold June 19,…
#shortputs #coveredcalls OXY NTGR OXY…
#shortputs #coveredcalls OXY NTGR CPRI
OXY Sold June 19, 12 put for 1.00
NTGR Sold June 19, 25 covered call for .75
CPRI Sold May 15, 15 covered call for .40
CCL Sold May 15, 11.50 put for .45
#earnings #closing DIS Sold 100/105…
#shortputs X AA Sold May…
#shortputs X AA
Sold May 15, 8 put in X for .28
Sold June 19, 7 put in AA for .45 Both are aligned with assigned shares, of course they’re in the red.
#closing #shortputs EWZ Being a…
#closing #shortputs EWZ
Being a little paranoid, bought June 19, 20 put for .77, sold April 17 for 1.00. Story in WSJ about Brazil having Covid troubles.
#earnings #longputspread #hedge DIS Bought…
#earnings #longputspread #hedge DIS
Bought a 105/100 May 15 put spread for 1.99 against a rolled June 19, 100/110 short put spread, DIS is around 104.
Thanks for the data Jeff.
#butterfly BA Sold June 19,…
#butterfly BA
Sold June 19, 115/125/125/130 put butterfly for 1.30 credit
#tastytradefollow
#closing AAPL Bought May 15,…
#closing AAPL
Bought May 15, 260 put for 1.24, sold yesterday for 1.73.
Bought May 15 #ironcondor for .95, sold yesterday for 1.19
#bullputspreads TSLA Playing a bounce…
#bullcallspreads TSLA
Playing a bounce back bought a May 15, 775/780 call spread for 2.45 as I hope it continues down
#earnings #ironcondor AAPL Sold May…
#earnings #ironcondor AAPL
Sold May 15, 260/265/315/320 for 1.19
#earnings #closing TSLA Closed May…
#earnings UAL Sold May 15,…
#earnings UAL
Sold May 15, 23.50/37 strangle for 1.00
#earnings #closing TSLA Sold May…
Sold May 15, 750/800 #bullcallspreads for 29.94, bought Tuesday for 23. Woulda coulda shoulda, decided to take the profit, 2 trades left.
#shortputs FEYE Sold May 15,…
#shortputs FEYE VFC
FEYE Sold May 15, 11 put for .39
VFC Sold May 15, 50 put for .80. Earnings May 15
#closing #bullcallspreads TSLA Sold May…
#closing #bullcallspreads TSLA
Sold May 1, 720/730 call spread for 9.92, bought April 14 for 4.47
TSLA trades
TSLA has earnings after the market closes tomorrow. I’ll be driving all day tomorrow. Given my ugly inverted June 19, 325/450 strangle I’ve decided to be a little more aggressive against a run up from earnings.
I currently have a
May 1, 720/730 long call spread, I’m up about $300 on it
Today sold a May 8, 740/775/775/780 put butterfly for 14.21
Bought a May 15, 750/800 long call spread for 23.00
Bought a June 19, 900/910 long call spread for 2.48.
I’ll still take a 300 point drop.
#coveredcalls GPS Bought 100 shares…
#coveredcalls GPS
Bought 100 shares at 7.80, sold May 15, 7.50 call for .82.
#shortstrangles C Sold June 19,…
#closing #shortputs FEYE Bouth May…
#closing #shortputs FEYE
Bought May 15, 11 put for .61, originally a 10.50 sold March 31 and rolled twice.
#rolling #shortputs LUV 3rd roll…
#rolling #shortputs LUV
3rd roll of 40 put sold March 3 (how’s that for timing). Out to June from May 15, earnings today. Cost bais is 417, LUV is around 29.
#optionsexpiration CCL Short 11.50 puy…
CCL Short 11.50 put
HAL 7.50 covered call called away
USO 3 covered call
VIAC 15 covered call called away
X 6 short put
#shortputspread GILD Motivated by mortlightman,…
#shortputspread GILD
Motivated by mortlightman, sold June 19, 75/80 for 1.55.
#closing #shortputs CSCO CCL CCL…
#closing #shortputs CSCO CCL
CCL Bought May 15, 7.5 put for .15, sold March 31 for 1.08
CSCO Bought May 15, 34 put for .20, sold April 2 for 1.11
#shortputs HTZ Sold May 15,…
#shortputs HTZ
Sold May 15, 2.50 put for .30
#shortstrangles MU Sold June 19,…
Sold June 19, 35/52.50 for 2.08
#rolling TSLA Rolled May 15,…
#rolling TSLA
Rolled May 15, 320/450 inverted strangle to June 19 325/450 for 8.19. I picked up 5 more points on the call side.
I have taken in $14,526 in premium.
#shortputs HTZ Bottom feeding sold…
#shortputs HTZ
Bottom feeding sold May 1, 4 put for .42
#shortputs #closing EWZ XOM EWZ…
#shortputs #closing EWZ XOM
EWZ bought May 1, 22 put for .24, sold for .57 on April 15, still have June 19, 20 put.
XOM bought May 1, 35 put for .34, sold for .67 on April 15.
#shortputs CCL Sold April 24,…
#shortputs CCL
Sold April 24, 11.50 put for .40
#closing USO Bought May 15,…
#closing USO
Bought May 15, 2 put for .35, sold yesterday for .54
#shortputs #coveredcalls USO HAL VIAC…
#shortputs #coveredcalls USO HAL VIAC BOOT
USO bought 100 shares and sold April 24, 3 call for 2.78 Thanks Fuzzball
USO sold May 15, 2 put for .54 #tastytradefollow
HAL sold 2 April 24, 7.5 covered calls for .47 each
VIAC sold April 24, 15 covered call for .57
BOOT sold May 15, 12.50 put for .97
Expiration
AA 6 coveredcall
AAL 10 covered call called away
AAL 11 covered call called away
APA 10 covered call
BOOT 10 short put
BOOT 15 covered call
BOOT 15 put assigned
CAR 8 short put
CCL 7.5 short put
CCL 10 covered call called away
CCL 11.50 covered call called away
CPRI 12 covered call called away
FEYE 11.50 covered call
GPRO 2.50 short put
GPS 5.50 short put
GPS 8 short put
GUSH 1 put ns
HAL 8 covered call
HBI 8 covered call called away
HTZ 4 short put
LB short 13 put
LUV short 25 put
MRO 3.5 covered call called away
MRO 4 short put
NBL 7.5 covered call called away
NKTR 17 short put
NKTR 25 covered call
NTGR 21 short put
NUGT 11.50 covered call
OXY 16 covered call
SPY 230/250 long put spread full loss!
T 29.50 covered call called away
UBER 29 covered call
USO 7 covered call
VFC 60 covered call
#shortputs EWZ Added June 19,…
#shortputs EWZ
Added June 19, 20 put for 1.00.
#shortputs XOM Sold May 1,…
#shortputs XOM
Sold May 1, 35 put for .67 XOM around 40
#shortputs EWZ Sold May 1,…
#shortputs EWZ
Sold May 1, 22 put @.57, EWZ around 24.80
#coveredcalls #shortputs #shortcalls AAL APA…
#coveredcalls #shortputs #shortcalls AAL APA GPS HFC NUGT
NUGT bought 100 shares sold 1 April 17, 11.50 call for 10.76, NUGT is around 11.50
HFC sold April 17, 25 covered call for 1.10, cost basis is 22.28, HFC is around 25
GPS Sold April 17, 8 put for .40, GPS is around 8.30
APA bought 100 shares sold 1 April 17 10 call for 8.13, APA is around 8.30
AAL bought 100 shares sold 1 April 17, 11 call for 10.39
#coveredcalls CPRI NBL OXY HAL…
#coveredcalls CPRI NBL OXY HAL
CPRI bought 100 shares, sold 1 April 17, 12 call for 11.29
NBL bought 100 shares sold 1 April 17 7.50 call for 6.90
OXY bought 100 shares sold 1 April 17, 16 call for 14.69
HAL bought 100 shares sold 1 April 17, 8 call for 7.59
#coverdcalls #shortputs #longcallspread BOOT TSLA…
#coverdcalls #shortputs #longcallspread BOOT TSLA
End of day Thursday
BOOT bought 100 shares @16, sold April 17 call for 1.50.
BOOT sold April 17, 15 put for .50.
TSLA bought April 24, 550/570 long call spread for 10.94 as a hedge.
OptionExpiration
Happy with the following covered call assignments
HAL 7
APA 5
HFC 25
SLB 13
Thanks to Iceman for the strategy, primarily low priced, beaten up energy related companies
#rolling TSLA Rolled April 17,…
#rolling TSLA
Rolled April 17, inverted 300/450 to May 15, 320/450 inverted ugly strangle for 3.24. This deep in the money call move is essentially receiving $2,000.
Earnings are coming up April 22 according to TDA. I’ll add some upside protection next week.
#shortputs #closing XOP Bought May…
#shortputs #closing XOP
Bought May 15, 7 put for .20, sold March 24, pre split, for .89.
#coveredcalls #rolling T Rolled 29.50…
#coveredcalls #rolling T AAL
T Rolled 29.50 covered call to April 17 for .38
AAL Rolled 10 call to April 17 for .38
#coveredcalls CCL Bought 100 shares…
#coveredcalls CCL
Bought 100 shares and sold the April 17, 11.50 call for 10.48 debit. CCL is at 12.00.
TSLA advice
I have this horrible inverted April 17, 300/450 strangle. I’m down about 12k on it. I can pick up about $2,500 on another roll to May, I can take short shares right before earnings at a basis of 430 and sell puts, weekly or way out in time, or any other manuevers one can think of.
Does anyone have any suggestions?
Thank you
#shortputs X Sold April 24,…
#shortputs X LB #coveredcalls T
X Sold April 24, 6 put for .27
LB sold April 17, 13 put for .50
T bought 100 shares, sold April 9, 29.50 call for 29.05
#coveredcalls M Bought 100 shares,…
Bought 100 shares, sold May 15, 6 call for 5.18.
#closing #shortputs MU Bought May…
Bought May 15, 35 put for .49. sold April 1 for 2.15
#hardroborrow UVXY I had to…
#hardroborrow UVXY
I had to buy the short 100 shares UVXY position, hard to borrow according to TD Ameritrade. They gave me until noon to get out of town.
#shortputs NUGT Sold April 9,…
#shortputs NUGT
Sold April 9, 9 put for .79
#shortputspread #closing AAPL Bought April…
#shortputspread #closing AAPL
Bought April 17, 220/230 put spread for .98 sold for 2.35 on April 2, thanks Ramie for the trade.
#assignment UVXY I was assigned…
#assignment UVXY
I was assigned short 100 shares of IVXY from an April 17, 25/35 short call spread sold February 27 for 1.65. I sold the long call for 16.20-Yay. My cost basis is just under 43, UVXY is around 51.
#coveredcalls APA One more for…
#coveredcalls APA
One more for the road, bought 100 shares and sold an April 9, 5 call for 4.50, stock is at 5.34. Also bought an additional 100 shares.
#coveredcalls USO Bought 100 shares,…
#coveredcalls USO
Bought 100 shares, sold April 17, 7 call for 5.63, USO is at 5.90.
#coveredcalls NBL Bought 100 shares,…
#coveredcalls NBL
Bought 100 shares, sold April 15, 7.50 call for 6.10.
#rolling #coveredcalls #shortputs SLB FEYE…
#rolling #coveredcalls #shortputs SLB FEYE HAL CCL SVXY
SLB rolled April 3, 13 covered call to April 9 for .43
HAL rolled April 3, 7 call to April 9 for .35
FEYE rolled April 3, 10.50 put to April 17 for .10
CCL bought May 15, 20 call for .13, sold on March 31 for 1.09
SVXY bought 5 more shares @ 30.66, giving me 60 shares at a basis of 32.76
#shortstrangles BA Sold May 17,…
Sold May 17, 60/220 strangle for 3.52
#tastytradefollow
#coveredcalls UBER Sold April 17,…
#coveredcalls UBER AA
UBER Sold April 17, 29 call for 1.65, stock just under 28.
AA Bought April 17, 6 covered call for 5.50. stock at 6.16
#ironcondor #jadelizard QQQ Sold April…
Sold April 17, 167/177/205/207 for 2.04
#tastytradefollow
#coveredcalls #shortstrangles HAL CCL Following…
#coveredcalls #shortstrangles HAL CCL
Following Iceman, bought HAL April 3, 7 covered call for 6.53, also added an additional 100 shares
CCL #tastytradefollow sold April 17, 7.5/20 strangle for 2.17
#coveredcalls #shortputs #shortstraddle SLB Following…
#coveredcalls #shortputs #shortstraddle SLB NUGT
SLB Following Iceman, bought April 3, 13 covered call for 12.32, added an April 3, 13 short put for .68
NUGT Bought April 3, 8 covered call for 7.23
#vxxgame SVXY Following Jeff from…
#vxxgame SVXY
Following Jeff from last week, bought Jan. 2021, 35 call for 3.85.
#shortputs CAR Sold April 17,…
#shortputs CAR
Sold April 17, 8 put for .74 in Avis
#shortputs SPY Sold April 8,…
#shortputs SPY
Sold April 8, 210 put for 2.41.
#jadelizard AAL Sold May 15,…
#jadelizard AAL #calendar SPY
AAL Sold May 15, short 16 call/long 21 call/short 16 put for 5.25
SPY bought April 1/April 8 217 put calendar for 1.62
#tastytradefollow
#coveredcalls VFC Sold April 17,…
#coveredcalls #shortputs VFC XOP
VFC Sold April 17, 60 call for 1.56 against assigned shares, lousy position, cost basis of 67.50, stock at 50.
XOP sold May 15, 7 put for .89
#shortputs LUV Sold April 17,…
#shortputs LUV
Sold April 17, 25 put for 1.50, understanding it’s an up dayand volatility has come in, but it’s still high, and LUV bottomed around 30 last week.
#closing #assignment AAPL SPY UVXY…
#closing #assignment AAPL UVXY SPY
I was assigned 100 shares of AAPL from an April 17, 255/260/325/330 IC. It’s in a small account which put me in a margin call. After selling the stock for 241 and the long put I somehow made money, luck counts.
UVXY March 13, sold March 27, 80/90 call spread for 1.64, bought today for .55
SPY March 16, sold April 17, 175 put for 2.33, bought today for .89, thanks fuzzball
#coveredcalls CCL Sold March 27,…
#coveredcalls CCL
Sold March 27, 12 call for 1.10
#coveredcalls PRU Sold April 17,…
#coveredcalls PRU
Sold April 17, 45 call for 3.00, cost basis down to about 41.
#shortstrangles TSLA It was a…
#shortstrangles TSLA
It was a long time ago now I had an earnings strangle in TSLA. After rolling and inverting I have an April 17, inverted 300/450 strangle. It was just a couple weeks ago I was down about 60k on this. As the market has gone down, the short 300 call has been quite the hedge for my account. Currently, I’m down about 12k on the position which looks really good tonight. If someone only knew what would happen next, darn, no friends in the Senate.
Options Expiration
CPRI March 20,28 covered call
DAL March 20, 20 short put
GPRO March 20, 4 covered call
LB March 20, 25 covered call
M March 20, 15 covered call
MRO March 20, 4 covered call
PRU March 20, 47.50 covered call
SBUX March 20, 85 covered call
UBER March 20, 28 covered call
X March 20, 10 covered call
VXX March 20 long pt spread 17.21 looked good at the time, a loss
#shortputs #longputspread CCL SPY CCL…
#shortputs #longputspread CCL SPY
CCL sold April 17, 7.5 put for 1.05
SPY bought April 17, 240/220 long put spread for 6.79, would be happy if this was a total loss!
Options Bistro 