Making a new all time high so BTO 310/330 call spread in May for 8.95 and STO the 290 put at 13.36
Category Archives: Uncategorized
FB
FB is breaking out to a new high and earnings are on Jan. 29 so, I bought a 220/240 bull call spread for 7.65 and a March 20 expiration. To help pay for the spread I sold the 205 put at 3.34,
GRMN
Appears to be in a nice volatility squeeze without increase in volume. Looks like it could pop to the upside, but hasn’t yet.
Any ideas on how to play this, or just watch? Thoughts appreciated?
#closing #shortputs EXAS Monday I…
#closing #shortputs EXAS
Monday I sold a Feb. 21, 80 put for 2.00, bought today for 1.55.
Thanks to @jsd501 for the trade
AAL
BTC AAL 24 JAN 20 29.5/30/27.5 jadelizard @.45….STO 12/17 @.98
LK
BTC Feb. 7th, 30 puts at .45 cents. sold at 2.55
RH BUCS Closed / LK NEO Puts / OKTA Calls / NUGT Call Rolled
#bucs
$RH STC 1/17 210/230 at 17.00. BTO for 7.80 on 12/31
#shortputs
$LK STO 1/24 46 put at 1.16
$NEO STO 2/21 30 put at .80
#coveredcalls
$OKTA STO 1/24 131 call at 1.40
$NUGT BTC 1/17 33 call and STO 1/31 33.50 call for 1.10 added credit
JPM closed
#Earnings Sold to close $JPM Jan 17th 138 calls for .40 (large accounts), and 38/40 call spreads for .35 (smaller accounts). #CallButterfly bought for .33 on Monday, so all about breakeven after commissions.
AMD
STC Jan 24 47.5/49.5 Calls $1.55 BTO 1-17-20 $0.91 #in-out
PNC closed
#Earnings #Assignment On Tuesday I bought $PNC Jan17/Jan24 160 #DoubleCalendar for .50.
Stock dropped too much so trade was a loser. Assigned last night on the puts at 160.00.
Today, sold long puts for 6.60 and stock for 153.53. So I managed to squeeze .13 out of closing the trade.
TNDM BUCS Closed
#bucs
$TNDM STC 1/17 60/79 BUCS at 8.50. BTO at 3.16 on 12/18. Remaining position closed. Earlier sale at 6.50.
#earnings STT Sold Feb. 21,…
SLB earnings analysis
#Earnings $SLB reports tomorrow morning. Below are details on earnings one-day moves over the last 12 quarters.
Oct. 18, 2019 BO +1.31%
July 19, 2019 BO -0.18%
April 18, 2019 BO -3.90% Biggest DOWN
Jan. 18, 2019 BO +8.12% Biggest UP
Oct. 19, 2018 BO +0.06%
July 20, 2018 BO -1.24%
April 20, 2018 BO -1.49%
Jan. 19, 2018 BO +0.06%
Oct. 20, 2017 BO -2.09%
July 21, 2017 BO -0.73%
April 21, 2017 BO -2.18%
Jan. 20, 2017 BO -0.81%
Avg (+ or -) 1.85%
Bias -0.26%, negative bias on earnings.
With stock at 38.60 the data suggests these ranges:
Based on current IV (expected move into Friday per TOS): 37.06 to 40.14
Based on AVERAGE one-day move over last 12 quarters: 37.89 to 39.31
Based on MAXIMUM one-day move over last 12 Q’s (8.1%): 35.47 to 41.73
Based on DOWN max only (-3.9%): 37.09
Open to requests for other symbols.
STT earnings analysis
#Earnings $STT reports tomorrow morning. Below are details on earnings one-day moves over the last 12 quarters.
Oct. 18, 2019 BO +6.09%
July 19, 2019 BO +6.73% Biggest UP
April 23, 2019 BO -4.34%
Jan. 18, 2019 BO +0.35%
Oct. 19, 2018 BO -8.53% Biggest DOWN
July 20, 2018 BO -7.40%
April 20, 2018 BO -4.33%
Jan. 23, 2018 BO +2.92%
Oct. 23, 2017 BO -2.97%
July 26, 2017 BO +1.88%
April 26, 2017 BO +3.63%
Jan. 25, 2017 BO -3.37%
Avg (+ or -) 4.38%
Bias -0.78%, negative bias on earnings.
With stock at 80.00 the data suggests these ranges:
Based on current IV (expected move into Friday per TOS): 76.01 to 83.99
Based on AVERAGE one-day move over last 12 quarters: 76.50 to 83.50
Based on MAXIMUM one-day move over last 12 Q’s (8.5%): 73.18 to 86.82
Based on UP max only (+6.7%): 85.38
Open to requests for other symbols.
SPX 1 dte
#SPX1dte Sold $SPX Jan 17th 3255/3275-3330/3350 condors for .90, IV 8.32%, SPX 3308
DAL, NEM, SLB, CAH
STO. DAL 31 Jan 20 60 PUT @.36..
STO. NEM 31 Jan 20 43 PUT @.40..
Rolled SLB 17 Jan 39 Put to 21 FEB 37.5 PUT @.18 Credit….Jan 17 sold 1/3 @.60
One from yesterday
STO CAH 31 JAN 20 52 PUT @.50
ILMN LABU
Bought to Close ILMN JAN 24 2020 300.0 Put @ .25 (sold for 3.60)
Bought to Close LABU JAN 17 2020 50.0 Put @ .05 (sold for 1.45)
#earnings #closing AA Yesterday bought…
TSLA
BTO Jan 31 490/492.50 Call Spread $1.35 #supercharger
ISRG
PNC
STC Dbl Cal $0.07 Bought 1-14 $0.48
FAST earnings analysis
#Earnings $FAST reports tomorrow morning. Below are details on earnings one-day moves over the last 12 quarters.
Oct. 11, 2019 BO +17.15% Biggest UP
July 11, 2019 BO -2.84%
April 11, 2019 BO +5.04%
Jan. 17, 2019 BO +5.94%
Oct. 10, 2018 BO -7.13%
July 11, 2018 BO +10.05%
April 11, 2018 BO -6.19%
Jan. 17, 2018 BO -5.84%
Oct. 11, 2017 BO -0.78%
July 12, 2017 BO -1.99%
April 12, 2017 BO -8.04% Biggest DOWN
Jan. 18, 2017 BO +5.80%
Avg (+ or -) 6.40%
Bias 0.93%, positive bias on earnings.
With stock at 37.00 the data suggests these ranges:
Based on current IV (expected move into Friday per TOS): 34.63 to 39.37
Based on AVERAGE one-day move over last 12 quarters: 34.63 to 39.37 (exactly the same)
sed on MAXIMUM one-day move over last 12 Q’s (17.2%): 30.65 to 43.35
Based on DOWN max only (-8.0%): 34.03
Open to requests for other symbols.
LK
BTC LK 21 FEB 20 30 PUT @.45….STO 2/8 @1.15
NFLX TWTR Calls ROKU BUPS ANET BUCS Closed / EXAS BUCS / LABU AMZN Calls Rolled
#longcalls
$NFLX STC 1/17 310 calls at 31.30. BTO at 17.85 on 11/22
$TWTR STC 1/17 30 calls at 3.20. BTO at 1.69 on 11/21 Thank you @jsd501
#bups
$ROKU BTC 1/17 120/130 BUPS at .60. STO on 12/13 at 3.20
#bucs
$ANET STC 1/17 210/220 BUCS at 4.50. BTO on 12/16 for 1.59
#bucs
$EXAS BTO 3/20/2020 90/100 BUCS at 4.23
#coveredcalls
$LABU BTC 1/17 55 call and STO 1/24 57 call at .60 debit. Stock now at 59.26
$AMZN BTC 1/17 1980 call and STO 1/24 1950 call at 2.78 credit
VXX longs
#VXXGame . Bought to open $UVXY March 20th 25 calls for .32, and $VXX March 20th 25 calls for .24.
These are longs I can later sell against, assuming a volatility spike will be coming before too long.
ULTA
#CoveredCalls #ShortPuts – My one bad position. Assigned stock at 315.00 after it tanked last quarter. Sold covered calls aggressively reducing basis to 287. Finally got caught in the never ending up market. Letting the stock go this week (maybe) at 240 and will resume the recovery with put selling to eventually get the 47 points back.
Sold ULTA FEB 7 2020 267.5 Put @ 3.40
SOXL
#ShortPuts – Bought to Close SOXL JAN 17 2020 230.0 Put @ .15 (sold for 3.20)
SPX long closed
#SPX1dte SOld to close $SPX Jan 17th 3315/3330 call spread for .95. Bought yesterday for 1.60. Have been trying to exit all day… got as high as 3.00, but kept reversing before I was filled. My timing in January has been atrocious, so not letting this one fail completely. I sold the 3250/3225 put spread against it for 1.90. That one is currently profitable and I think will be fine to leave for tomorrow.
Expiring today: Jan 15th 3220/3240-3305/3325 condors, sold yesterday for 1.00
TNA
#ShortPuts – Bought to Close TNA JAN 17 2020 67.5 Put @ .05 (sold for 1.38)
#earnings BTC GS Iron Condor…
#earnings
BTC GS Iron Condor .20
Was STO yesterday for 1.10
#shortputspread AMZN Sold Feb. 21…
#shortputspread AMZN
Sold Feb. 21 1795/1800 for 1.57. Earnings are Jan. 29, hope to be out by then.
#earnings #longstrangle AA I am…
I am long assigned shares from a while back. I closed a covered call and bought a 19.50/21.50 strangle for .53. These rarely work. Stock is at 20.30.
VIX hedges
#VXXGame Bought to open $VIX March 17th 17/20 call spreads for .52.
Also, added to Feb 18th 19/22 for .28. First bought on Nov 18th for .60.
TSLA
STC 482.50/485.00 1-17-2020 Call spread $2.40 BTO 1-9-2020 $1.21
#earnings #closing JPM Jan. 13,…
LSCC
STO February 21, 20 puts at 1.35, earnings are on February 10 so expect to be out by then.
BTO SPX
17 JAN 2020 3240/3220 BuPS for 0.50
PPG earnings analysis & trade
#Earnings $PPG reports tomorrow morning. Below are details on earnings one-day moves over the last 12 quarters.
Oct. 17, 2019 BO +1.91%
July 18, 2019 BO +0.33%
April 18, 2019 BO +2.10%
Jan. 17, 2019 BO +4.70% Biggest UP
Oct. 18, 2018 BO +0.88%
July 19, 2018 BO -0.33%
April 19, 2018 BO -3.13%
Jan. 18, 2018 BO +3.41%
Oct. 19, 2017 BO +1.26%
July 20, 2017 BO -6.05% Biggest DOWN
April 20, 2017 BO +1.30%
Jan. 19, 2017 BO +0.83%
Avg (+ or -) 2.19%
Bias 0.60%, positive bias on earnings.
With stock at 131.00 the data suggests these ranges:
Based on current IV (expected move into Friday per TOS): 125.90 to 136.10
Based on AVERAGE one-day move over last 12 quarters: 128.14 to 133.86
sed on MAXIMUM one-day move over last 12 Q’s (6.1%): 123.07 to 138.93
Based on UP max only (+4.7%): 137.16
Open to requests for other symbols.
CWST
STO Feb. 21, 50 put at 1.90, Stock making a new high on the monthly chart and weekly. Good volume.
TSLA
#ShortPuts – Staying in the week before earnings and rolling up for extra premium…
Rolled TSLA JAN 24 2020 425.0 Put to JAN 24 2020 480.0 Put @ 3.35 credit (7.35 total now)
JPM
Closed Earnings BF $0.32 Bought for 0.29 BE
#earnings #closing GS Bought 220/270…
SPX 1-dte
#SPX1dte Sold $SPX Jan 15th 3220/3240-3305/3325 condors for 1.00, IV 9.28%, SPX 3281
#earnings #shortstrangles GS Sold Feb….
Sold Feb. 21 220/270 strangle for 2.01. This is outside the 1 day max moves.
Thanks for the data Jeff.
#earnings #closing DAL Bought Feb….
EXAS
#ShortPuts – Missed this yesterday while out all day helping a friend move. Taking a starter now prior to earnings.
Sold EXAS FEB 14 2020 87.5 Put @ 2.20
ALB
STO February 21, 75 put at 2.10, They mine lithium for batteries.
Risky Risk/Reversal
#SPX1dte Okay, so I’m taking a shot that this weakness it temporary and bullish trend will continue this week.
Sold to open $SPX Jan 17th 3250/3225 put spreads for 1.90.
Bought to open $SPX Jan 17th 3315/3330 call spreads for 1.60.
I’m not going to look for my call spread to become ITM… just any modest increase in price will be good enough to close it.
UVXY
#BearCallSpreads – Adding a couple more…
Sold UVXY FEB 21 2020 13.0/30.0 Bear Call Spreads @ .72
SPX closed
#SPX1dte BTC $SPX Jan 17th 3320/3345 call spreads for 2.25. Paid 2.35 for the condor yesterday.
I did this literally 30 seconds before the huge spike down. Unbelievable!
My plan was to allow put side to expire, add a closer put spread and BUY a call spread. I may still do this, but have to watch for awhile to see what happens. Market is bullish, and I truly don’t understand how it has reacted or will react to the volatile trade situation. No one does.
News flash
CHINA TARIFFS TO STAY UNTIL AFTER U.S. ELECTION DESPITE DEAL
LK Put Closed
#shortputs
$LK BTC 1/17 36 put at .05. STO at 1.35 on 1/8
BOOT
STO Feb 21, 40 put at 1.10
LABU Covered Call Rolled
#coveredcalls
$LABU BTC 1/17 58 call and STO 1/17 55 call at $1 added credit. Be pleased if called away. Stock at 54.56.
LK TNA
#ShortPuts – Closing and opening…
LK:
Bought to Close LK FEB 7 2020 27.5 Puts @ .10 (sold for 1.10)
TNA: New starter position…
Sold TNA FEB 07 2020 67.5 Puts @ 1.32
LK
BTC Feb. 7, 27.5 puts at .10, sold at 1.10
ROKU Covered Call / MRVL EXAS LK GSX T Puts / EXAS Leap BUCS / Roll ZM ROKU Calls
#coveredcalls
$ROKU STO 1/17 137 call at 2.50
#shortputs
$MRVL STO 1/31 27 put at .50
$EXAS STO 3/20 82.50 put at 3.60. Thank you @jsd501
$LK STO 1/17 44.50 put at 1.10
$GSX STO 2/21 25 put at 3.00
$T STO 1/31 37.5 put at .55
#leaps #bucs
$EXAS BTO 90/100 BUCS at 4.80.
#coveredcalls
$ZM BTC 1/17 70 call and STO 1/31 75 call at 2.20 debit. Stock at 73.30
$ROKU BTC 1/17 152.50 call and STO 1/24 150 call at .98 added credit. Stock at 132.13
PNC earnings analysis & trade
#Earnings $PNC reports tomorrow morning. Below are details on earnings one-day moves over the last 12 quarters.
Oct. 16, 2019 BO -0.28%
July 17, 2019 BO +0.66%
April 12, 2019 BO +3.09% Biggest UP
Jan. 16, 2019 BO +0.07%
Oct. 12, 2018 BO -5.58% Biggest DOWN
July 13, 2018 BO +0.23%
April 13, 2018 BO -4.11%
Jan. 12, 2018 BO +0.23%
Oct. 13, 2017 BO -1.12%
July 14, 2017 BO -0.11%
April 13, 2017 BO -0.17%
Jan. 13, 2017 BO +0.72%
Avg (+ or -) 1.36%
Bias -0.53%, negative bias on earnings.
With stock at 160.00 the data suggests these ranges:
Based on current IV (expected move into Friday per TOS): 155.41 to 164.59
Based on AVERAGE one-day move over last 12 quarters: 157.82 to 162.18
sed on MAXIMUM one-day move over last 12 Q’s (5.6%): 151.07 to 168.93
Based on UP max only (+3.1%): 164.94
Open to requests for other symbols.
TSLA
STC all my February 21 bull call spreads at 13.70, bought for 9.83
GS earnings analysis
#Earnings $GS reports tomorrow morning. Below are details on earnings one-day moves over the last 12 quarters.
Oct. 15, 2019 BO +0.31%
July 16, 2019 BO +1.86%
April 15, 2019 BO -3.81%
Jan. 16, 2019 BO +9.54% Biggest UP
Oct. 16, 2018 BO +3.01%
July 17, 2018 BO -0.18%
April 17, 2018 BO -1.64%
Jan. 17, 2018 BO -1.86%
Oct. 17, 2017 BO -2.60%
July 18, 2017 BO -2.59%
April 18, 2017 BO -4.71% Biggest DOWN
Jan. 18, 2017 BO -0.61%
Avg (+ or -) 2.73%
Bias -0.27%, small negative bias on earnings.
With stock at 245.00 the data suggests these ranges:
Based on current IV (expected move into Friday per TOS): 236.02 to 253.98
Based on AVERAGE one-day move over last 12 quarters: 238.32 to 251.68
sed on MAXIMUM one-day move over last 12 Q’s (9.5%): 221.63 to 268.37
Based on DOWN max only (-4.7%): 233.46
Open to requests for other symbols.
#earnings #rolling JPM Rolled Feb….
LULU
BTC $LULU Jan 24 215/225 #BuPS @0.10. Was STO Jan 09 @1.25
TSLA
STC January 17, 465/485 bull call spread for 19.00, Bought at 11.70
Upside Warning reinstated
#VIXindicator We kicked off a “minor” Upside Warning last night, based on the small VIX spike from Jan 3 and 6. These occur when a volatility spike cancels a previous UpW but no Downside Warning comes. In the past, they often signal continued momentum higher.
MELI BUCS Closed / TNDM BUCS Part Closed / EXAS Calls Rolled / SAVE Puts Rolled
#bucs
$MELI STC 1/17 605/620 BUCS at 14.50. BTO at 6.55 on 12/27. Thank you @jsd501. Great analysis.
$TNDM STC 1/17 60/79 BUCS at 6.50. BTO at 3.16 on 12/18.
#coveredcalls
$EXAS BTC 1/17 102 call and STO 1/31 105 call at .30 added credit. The stock dropped over 14 points today. Talk about pyrrhic victories.
#shortputs
$SAVE BTC 1/17 40 put and STO 2/21 40 put at added 1.40 credit.
BBBY closed
#Earnings . Sold to close $BBBY stock for 15.00. 16.5 #ShortStraddle sold last week for 1.87, calls closed for .01, assigned Friday, so ending profit of .36.
SPX 4-dte
#SPX1dte . Sold to Open $SPX Jan 17th (Friday PM) 3195/3220-3320/3345 condors for 2.35. Strikes at .10 delta.
JPM butterfly
#Earnings Bought to open $JPM Jan 17th 38/40/42 #CallButterfly for .33. Needs to land near 140 on Friday for best profit. Open Interest at that strike are large, and it’s a +2.3% move from now, which is a reasonable expectation…. if we get a bullish move.
#earnings #shortstraddle DAL Sold Feb….
#earnings #shortstraddle DAL #shortstrangles JPM
DAL Sold Feb. 21, 60 straddle for 4.05.
JPM Sold Feb. 21 130/140 strangle for 3.00
Thanks for the data Jeff.
JPM earnings analysis (corrected)
#Earnings $JPM reports tomorrow morning. Below are details on earnings one-day moves over the last 12 quarters.
Oct. 15, 2019 BO +3.01%
July 16, 2019 BO +1.07%
April 12, 2019 BO +4.68% Biggest UP
Jan. 15, 2019 BO +0.73%
Oct. 12, 2018 BO -1.09%
July 13, 2018 BO -0.45%
April 13, 2018 BO -2.70% Biggest DOWN
Jan. 12, 2018 BO +1.65%
Oct. 12, 2017 BO -0.28%
July 14, 2017 BO -0.91%
April 13, 2017 BO -1.17%
Jan. 13, 2017 BO +0.53%
Avg (+ or -) 1.52%
Bias 0.42%, positive bias on earnings.
With stock at 136.00 the data suggests these ranges:
Based on current IV (expected move into Friday per TOS): 131.71 to 140.29
Based on AVERAGE one-day move over last 12 quarters: 133.93 to 138.07
sed on MAXIMUM one-day move over last 12 Q’s (4.7%): 129.64 to 142.36
Based on DOWN max only (-2.7%): 132.33
Open to requests for other symbols.
ENPH
STO ENPH Feb 21 2020 $27.5 naked puts @1.02.
ULTA
The stock is perking up so I rolled my March 280 call to the June 300 call for a credit of .70 cents.
EXAS
STO March 20, 82.5 puts at 3.80
SPX long
#SPX1dte Sold to close $SPX 3290/3305 call spreads for .25. Bought for .80 on Friday. Didn’t get the surge I hoped for, and Friday’s lower close didn’t help. Also should expire today: 3240/3220 put spreads, sold for .70. So I’ll net .15 for the day!
BBBY assigned
#Earnings #Assignment Assigned $BBBY shares at 16.50. Need price above 14.63 to breakeven from #ShortStrangle
Options Bistro 