#shortputs FYI LVS is down…

#shortputs

FYI
LVS is down 7%

XLY short call roll

BTC XLY Jul6 110.5 @ .10. Bot at .64.
STO XLY Jul13 109.5c @ .75 to replace. Let the good times roll.
#shortcalls

MU covered calls

#PieTrades Sold $MU July 13th 54 #CoveredCalls for 1.28. Assigned Friday at 55.00. With this sale, cost basis 52.02 in some accounts, and 56.44 in another.

#spycampaign Early this morning STO…

#spycampaign

Early this morning STO BeCS July 02 2720/2730 @$2.00 plan to hold till expiration
STO BuPS 2685/2675 Jul 02 @$1.60, closed for 0.75
STO BuPS 2695/2685 Jul 02 @$1.00 – too early but now slightly positive watching
STO BeCS Jul 02 2720/2730 @$0.70 hoping to hold till expiration

#CoveredCalls Sold a calls this…

#CoveredCalls Sold a calls this morning all for July 6th expiry covering stock assigned Friday. Since the text system in ToS isn’t working for me I don’t know the price of the stock at the fill.
FAS 64 calls @ 0.70. Assigned @ 67
TWTR 45.5 Call @ 0.40 Assigned @ 44 Alert @ 45
ROKU 43 Calls @ 0.45. Assigned @ 46. Alert to roll at 43.
DBX 34 Calls @ 0.40. Assigned @ 33.50. Alert to roll at 34.
Remaining
MU. Assigned at 59.5. Waiting to cover as it claws its way back up.
TWTR Assigned at 45. Wasn’t filled

#OT ToS text alerts are…

#OT ToS text alerts are not working for me. Looking into it.

AMZN

STO Jul 6 1665.0/1662.5 BuPS .50 #Bitty Added to position

#shortputs #coveredputs FB Sold July…

#shortputs #coveredputs FB

Sold July 20, 185 put for 1.48, basis up to 185.79 of short FB position.

NFLX

STO Jul 6 372.5/370.00 BuPS .39 #bitty

FAS

Rolled July 6 71.5 calls down to July 13, 67 calls for a credit of .30 cents.

TSLA

#LongLEAPStraddles – A small delta adjustment on the put side…

Rolled TSLA JUL 6 2018 340.0 Put up to JUL 6 2018 360.0 Put @ 7.09 credit (18.64 total now)

SPX calls closed

#SPXcampaign Closed on GTC order: $SPX July 6th 2775/2800 call spreads for .25. Sold last week for 3.00.

Econ Calendar for week of 7/2/18

Jobs Report is this Friday 8:30am ET

Be sure to periodically click Home/REFRESH to keep Bistro features updated.

Screen Shot 2018-07-02 at 6.00.12 AM

TastyTrade

https://www.benzinga.com/news/18/06/11958063/tastytrade-raises-20m-in-new-funding-wants-to-help-change-the-world-of-investing

TSLA

This should be a wild week….I’m long 2020 LEAPS puts and calls against Jul 6th short puts and calls.

https://www.cnbc.com/2018/06/29/tesla-q2-production-and-delivery-numbers.html

@jeffcp66 Hi Jeff, do you…

@jeffcp66

Hi Jeff,
do you know if there is any particular reason why some replies are getting marked as “awaiting approval”?
Is there a way to avoid it?

#OptionExpiration June 29th Taking Put…

#OptionExpiration June 29th
Taking Put assignments this week
DBX @ 33.50
FAS @ 67
MU @ 59.50
ROKU @ 46
TWTR @ 44 and 45
One Call expired
NUGT @ 26
Selling calls come Monday.
Have a great weekend.

#pietrades Looks like I am…

#pietrades

Looks like I am being assigned or assigned early on TQQQ, FAS, MU, and will sell calls on Monday. This morning’s bounce looked like it would make these a lot easier. We have comcast at work and entire east coast internet was out which made work hard with an EHR. Looks like the bounce fizzled later afternoon.

Anyway, for those with big accounts, you can take #pietrade one step further. If I had bigger accounts I would do this. The decay is great on weeklies, but weeks like this they all tend to get run over at the same time. I personally would run 3 different names in each account and since I have 5-6 accounts that would give good diversification. My ultimate goal is to sell #pietrade ladders. Start the process 21 DTE. Each week add a new trade in the same 3 names. But for example using XBI. The 7 day ATM put is going for 0.77-.99 (95-96 strike) so can’t even get a buck. But if you go out 21 DTE you can sell the 92 put for 1.03-1.10. Three more dollars OTM so less likely to be breached and if you are breached probably at a better place to take assignment because it is a much bigger pull back. The only draw back is you are in the trade 2 more weeks and tying up capital.

But if your goal is income and you have a large enough account, it would be highly effective. I have tried it on small scale and whenever I was assigned they ended up wining in 1-2 weeks because it was usually at the end of a pull back. I could only run 3 contracts on 1 name or 1-2 contracts on 3 names. So it was not bringing in my income goal but when the accounts are larger this will be my main trading tactic.

Ultimate goal is 10 contracts on 3 names in each account for 3 weeks rolling. If you can get $1.00 or better that would be $3000 a week x however many accounts you have. Nice paycheck either way 🙂 To do that probably need a 300k account if using margin or twice that in a non margin account. You would also need names around $100.

Have a great weekend, update which calls I sell on Monday. If looks like more of a rebound I may leave them uncovered for a few days.

#fuzzy

Expiration Taking Assignment of ROKU

#assignment
$ROKU 6/29 46 put assigned. Basis 43.90 Today’s close 42.60

Have a great weekend.

#spx I guess the sellers…

#spx
I guess the sellers are stronger than the buyers at this time.
Financials did not perform even with the Fed approval and stress test.

Canada imposed new tariffs.
Is that driving the market?

Stall

#Markets… looks like major indices will be closing lower than the open….

MU calls, STZ puts closed

#Earnings #PieTrades
Closed $STZ June 29th 220 puts for .65, .45, .20, and one left. Scaling out of my naked puts over the day. I also have some spreads, but I think we will close above 220. Watching closely to avoid assignment.

BTC $MU June 29th 52.5 covered Call for .15 to avoid assignment. Sold for .80 on Wednesday. Trying to sell a call for next week.

#shortputs ORCL DVN DVN June…

#shortputs ORCL DVN
DVN June 12, sold July 13, 40 put for .88, bought today for .22
ORCL June 20, sold #falling knife July 20, 42.50 put for .65 after earnings drop, bought today for .22

SPX Trades

#spx

STO aug 3 2525/2625 Credit Spread (BUPS) 7.20 CR when ES was coming off its lows..

BTC Jul 25th short 2625, @ 10.60, prev sold at 14.20..Took a 25% gain as ES Touched the R2 Pivot at its HOD
Resold the Same Short Put for 10.40, to collect another 20-30% profit as SPX moves higher after the gap open and bounce at the 100ma…

TQQQ

In my IRA, rolled the July 20, 57.67 calls to August 3, 58.50 calls for a credit of .10 cents.

This is against my 2020 calls at the 55 strike.

ROKU #Shortputs #PIETrade BTC June…

ROKU #Shortputs #PIETrade BTC June 29th 41 Put @ .05. I will sell a July Put later today unless I get distracted with nonsense.

CELG saga continues…

#LongCalls #CondorRoll – Of course I was a day early on my CELG sale for next week…LOL. Stock has started out strong today and looks to finally be heading back up (for now). I’ve been lucky so far selling just above this base but figured it would pop out eventually. For safety, I’m rolling the short call spread out a couple weeks to a skewed narrower iron condor. Playing it slightly bullish. I’m now in the expiration month of my long calls so we’ll wait and see where this ends.

To mange it I can roll the untested side (short only probably) for extra premium.

Bought to Close CELG JUL 6 2018 79.5/84.0 Bear Call Spreads @ .94

Sold CELG JUL 20 2018 74.0/77.0/83.0/86.0 Iron Condors @ 1.03

Originally sold the BeCS @ .37 so with the roll credit the condor is worth .46

OLED covered calls

I was assigned stock last week from short 100 puts. With good premium at that strike I decided to sell calls in August.
Sold $OLED Aug 17 100 calls @ 2.45. With the put premium it would be a profit of 4.19 if I get taken out at 100 in August. I’ll gladly take that considering how much this stock has dropped over the last couple of weeks. Delta is 25 so the chances are pretty good that I’ll continue holding it though.

SPX calls sold

#SPXcampaign Selling this under my normal strategy as it is set to expire at the start of my trip. Depending on the number of positions I have, I plan to sell some spreads through the vacation, keeping it manageable.

Sold $SPX July 27th 2825/2850 call spreads for 1.85

SPX Campaign Closed Early

#spxcampaign
$SPX BTC 7/20 2860/2835 BECS at 75% of max profit Thank you @jeffcp66

TSLA

Leaks coming out from the factory…might come up a little light on the 5000/wk goal.

https://www.reuters.com/article/tesla-production/tesla-lagging-on-model-3-production-workers-say-idUSL1N1TR1WA

BABA covered call

#CoveredCallCampaign Sold $BABA July 27th 205 covered call for 1.57.

STZ earnings

#Earnings Sold to Open $STZ June 29th 220/245 strangles for 1.43.
Biggest UP move: 6.4%, Biggest DOWN move: -7.1%, Average move: 3.9%. Fairly minor mover, with upside bias.

In smaller accounts also trying for a 2.5 pt. condor at the same short strikes.

Taking advantage of the bounce

Cleaning out some duds and resetting on the bounce.

DIA, FAS, IWM, SSO, TQQQ, XLY income trades
Reset ETF unbalanced diagonals to Aug or Sept 63 delta long calls, Jul6 45 delta short calls, 3×2 ratio, will roll short call @ .20 or when at risk of assignment, reset when core has less than 30dte

MRVL, PANW, PYPL, RHT, TWTR income trades
Reset stock unbalanced diagonals to July 27 or Aug 63 delta long calls, Jul6 45 delta short calls, 2×1 ratio, will roll short call @ .20 or when at risk of assignment, reset when core has less than 30dte

AMZN, GOOGL, ISRG, MSFT, and NFLX earnings trades
Bought BuCS or long calls one expiration past earnings. Typical long call is 40 delta or BuCS with 40 delta long call and short call 10 to 20 points away. I use the BuCS trade when calls are expensive and risky (AMZN for example)

ADBE, BA, BIDU, FB, LABU, MSFT, NVDA, and TNA Fundies (fast unbalanced diagonals)
Closed all my fundies after exhausting all reasonable possibilities of recovering losses with short calls. I didn’t open new trades on these tickers. I want a much smaller book of trades to manage going forward. Although fundies do well on a backtest, the drawdown during a choppy period adds too much risk for my taste. This trade will be left in its Petri dish by the side of the road.:-)

If anyone is interested in the trade specifics, please let me know and I’ll share.

#unbalanceddiagonal #earningstrade

ERX

STC January 2020, 36 calls Against my July 20, 39 calls At 9.05, my cost was 8.02 and I had a much better profit but did not take it.

AMAT FAS GLD LABU NVDA RTN TQQQ

#LongCalls #LEAPS – Pretty good day of booking winners and selling new ones. Early on some and late on some but all of these are now ratios to reduce whipsaw upside risk.

AMAT:
Bought to Close AMAT JUL 6 2018 48.5 Calls @ .08 (sold for .41) A synthetic double dip this week 🙂
Sold AMAT JUL 13 2018 46.0 Calls @ .98

FAS: (2 accounts)
Bought to Close FAS JUN 29 2018 65.0 Calls @ .17 (sold for 1.40)
Bought to Close FAS JUN 29 2018 65.0 Calls @ .15 (sold for 1.42)
Sold FAS JUL 6 2018 63.5 Calls @ 1.22
Sold FAS JUL 6 2018 63.5 Calls @ 1.17

GLD:
Bought to Close GLD JUL 6 2018 121.5 Calls @ .08 (sold for .49)
Sold GLD JUL 13 2018 119.0 Calls @ .78

LABU:
Bought to Close LABU JUN 29 2018 103.0 Calls @ .09 (sold for 3.50 total after a double dip rolldown)
Sold LABU JUL 6 2018 88.0 Call @ 3.20

NVDA:
Bought to Close NVDA JUN 29 2018 250.0 Calls @ .11 (sold for 3.62 total after a double dip rolldown)
Sold NVDA JUL 6 2018 242.5 Call @ 2.81

RTN:
Bought to Close RTN JUN 29 2018 207.5 Calls @ .03 (sold for .73)
Sold RTN JUL 6 2018 195.0 Calls @ 1.24

TQQQ:

Adjusted early and ratio’d after adding to LEAPS

Bought to Open TQQQ JAN 17 2020 60.0 Call @ 13.50 (adding)
Bought to Close TQQQ JUL 20 2018 60.0 Calls @ 1.40 (sold for 1.65)
Sold TQQQ JUL 20 2018 57.0 Calls @ 2.65

#shortputs #rolling AMAT Rolled July…

#shortputs #rolling AMAT
Rolled July 20, 48 put to August for .72
Rolled July 20, 54 put to Jan. 2019 55 put for 2.12, above 50, strikes are 2.5 wide.
5 down days in a row, maybe 45 holds as support.

TOS commissions clarified.

Spoke with my account rep. I have $4.95 stock trades. Options are either 0.65 and $4.95 ticket charge or 1 and no ticket charge.

Doing the math the break even point is about 11-13 contracts. If 10 or lower ask for the 1.00 option no ticket charge. If over 11 contacts go for the 0.65 with 4.95 ticket charge.

Hope that helps the other TOS users 🙂

#fuzzy in a really small…

#fuzzy in a really small account, 2 contracts.

XBI Jan 19 long 87 call short July 6 95 call for 10.63. With 29 weeks left only need 0.29 per week to make it a risk free trade.

Moving a lot to cash

I’m starting to take a lot of trades off and putting fewer new ones on. I am doing this for these reasons:

1. The #SPXcampaign has not been working well in 2018. It was my core strategy starting in January 2015 and worked well through 2016. In 2017, I got crushed a little too much on the upside, and now this year’s whipsaw has been too difficult. I’m going flat in $SPX. Currently I only have a couple of OTM call spreads which I’ll be closing a bit cheaper. I will look to start fresh in the coming weeks or months after I assess the strategy.

2. I have been long a few tech stocks and selling calls. I was also rolling into strangles when calls got breached. In the last week the puts have been getting hit. So I’m keeping the stock for now but have closed most puts. I will sell covered calls if we move higher, or stop myself out if we move much lower or go into more serious correction.

3. I’m not feeling positive about the market. Of course, me typing this paragraph will likely mean today is the bottom! But the market action, the tariff fears, and other reasons for 2018 volatility do not seem to be abating. Plus record low unemployment is often what precedes a recession, and the nation’s debt and deficits are flying to new highs. I by no means am certain of a crash, and I wouldn’t be including this in my decision if it weren’t for #4.

4. My family is spending a month in Japan from late July to late August (my wife is from there, so we’ll be visiting family and touring). The NYSE opens at 10:30pm Tokyo time… I intend to keep trading lightly, but do not want to be going through volatility with lots of positions and having to stay up all night.

I hope to reset my mind, catch up on bookkeeping (both trading and household), and build out this website a bit more.

So, to summarize: I am closing out SPX, TQQQ
I’m keeping stock in AAPL, BABA, SQ, and FB, all with stops set in not too much lower than current prices. BABA is a bit underwater but the other three are nicely in profit.
I have stock also in these which are currently struggling: #PieTrades in MU and AMAT, and broken earnings trade in OLED. I’ll let these sit, sell calls, and dump them if they can’t recover soon.
The only #VXXGame trades I have are long puts in $VXX, a trade that would have worked every year for the past 9 (except maybe 2011), but is NOT working in 2018. Also long $SVXY stock and short a small amount of $VXX stock. I have way OTM long calls on UVXY and VXX, so I’m prepared to sell volatility should it get expensive.
Still short some puts in RH, YY, and GUSH, which I’ll allow to decay.
Long LEAP calls in PYPL and SQ which were cheap, so no reason to close. I will sell calls against these.

And that’s it! Let me know any questions you have about positions you were following.

#spycraft

#optionsexpiration #pietrades and #supercharger Mostly…

#optionsexpiration #pietrades and #supercharger

Mostly adjustments and rolling. Only problem with #pietrades is when 1 goes ITM, they all go ITM. A lot of red on paper this week and will take some 2-8 weeks to break even or profit but can be done. The only one I can’t seem to repair at the moment is the SOXL #supercharger. Not because I don’t know how, don’t have enough cash in the account to do it.

SOXL #supercharger for those that have a few dollars left here is what I want to/would do if I had enough cash left. Sell the long 140 calls and roll to Sept. for about 11.20 debit. Then roll the July 145 down to 140 for 2.6 credit. Creates a calendar that can then be adjusted 1 more time and a profit at current levels at expiration if it does not move too much. New breakeven range of 132-150. I have 7 contracts and would add about $770 to the trade but recovers it for a while. Here is the graph. Since I don’t have enough cash I have to use the Aug. expiration which only gives me 1 shot at recovery so personally I am taking a $1470 loss and will roll it into something else. The account is very small, smaller now and need to preserve what’s left to be able to trade again. Likely a #fuzzy as it will be the most efficient over the long term but may ratio to prevent losses on the upside.

2017-12-01-TOS_CHARTS

MU taking assignment tomorrow at 58.44 cost basis and sell CC on Monday. A rebound would be nice 🙂 but momentum has definitely shifted across the market.

FAS taking assignment at cost basis of 64.82 and will CC on Monday.

AMAT 49 CC rolled down to 47 at 22 DTE for 0.71 credit. Cost basis now 50.83 so will take some time to recover this one. Especially since had to roll out 3 weeks.

TQQQ taking assignment at 59.95 and will cc on Monday.

AMAT 49 cc rolled down to 47 22 DTE for 0.75 credit. Cost basis now 47.67 so this one is getting close to scratching.

#pietrades are awesome but when some of your names move 10+ points in a week there will be paper losses until you can work it back to even. On the triples can get about $1-2 a week in ATM premium, but be ready to roll up quickly on a whipsaw. Stocks under 100 take longer because you can only get about 0.5-1 per week on those. Stick with it though and you will eventually turn a profit. On thing OIB teaches it think like an investor (long term) but trade like a trader. Only do #pietrades on names you don’t mind holding for a while and weeks like this show you why. I will be in MU and AMAT for several more weeks.

Hope everyone else is having a good week and expiration. Will update the call sales and adjustments on Monday (hopefully will have time to trade at lunch the office has been crazy busy so may not get the chance).

TSLA

STC TSLA 29 Jun 18 332.5/335 CALL @2.35…BTO 20 Jun @ 1.95 #supercharger

CELG

#LongCalls – It’s been a long time coming but this next sale puts CELG in the green if it works out. Replacing this week’s expiration.

Sold CELG JUL 6 2018 79.5/84.0 Bear Call Spreads @ .37

NFLX Supercharger

#SuperCharger I dumped out of NFLX, but kept the call-spread hedge to devalue further. Unless we rally to 450 beforeJuly 13th, this trade will end up being breakeven or slightly profitable due to the hedge.

Sold to Close $NFLX July 6th 380/390 BuCS for 6.00. Bought Tuesday for 7.38.
Keeping NFLX July 13th 450/500 BeCS, sold for 1.90 yesterday, now at .94.

LABU

BTO January 2020, 115 calls @ 18.00

I have the 129 call that expire tomorrow so will sell more short dated calls tomorrow or next week. This one really moves around a lot.

ATM call flaw

My mind is ruminating on the flaw of this strategy (rolling calls down to ATM with fewer contracts).  I’m out running an errand,  but my mind is telling me there is a flaw tied to low delta on the longer dated long calls. Just wanted to toss out a caution. I’ll explore when I’m back in the office.

WBA

STO January 2019, 45 puts @ .60 cents

#shortstraddle ROKU June 1, sold…

#shortstraddle ROKU

June 1, sold a July 20 37 straddle for 5.75, ROKU went up 9 of the next 12 days peaking around 47 on June 21, has dropped to under 41, I’m out with a gain of about $30 which looks really good today.

Another Downside Warning

#VIXIndicator We got a third warning at the close Wednesday, the second time this week. The low on this round was put it on the day of the first warning, May 29, at 2676. Since then we stayed above 2700 until this week. We could test that low today, and if we go through, the lows for the year are down at 2532. Long way to go from here, so watch to see if we can keep above 2676.

Anyone else looking at technical levels for support?

#pietrade Assigned MU at cost…

#pietrade

Assigned MU at cost basis of 57.70. Still dropping PM!

SPX Campaign / Rolled SPLK / T Puts / NFLX Long Calls / AMZN Supercharger

#spxcampaign
#SPX STO 7/9 2600/2625 BUPS at 1.60
#SPX STO 7/13 2625/2650 BUPS at 3.00

#shortcalls
Rolled
$SPLK BTC 8/17 125 calls and STO 8/17 115 calls for 1.00 added credit

#shortputs
$T STO 1/2019 30 put at 1.55 Thank you @fuzzballl

#supercharger
$AMZN STO 7/13 1600/1620 BUPS at 2.80

#longcalls
$NFLX BTO 7/6 380/390 BUCS at 7.30 Thank you @jeffcp66 and @kathycon

#supercharger @hcgdavis Do you still…

#supercharger

@hcgdavis

Do you still have a position in SOXL for July 20th?
I have SOXL Calls +140/-145 @ $4.29
and until today SOXL was playing nice. 🙂

Just trying to figure out the best course of action.

#fuzzy

June 27 Sue Trades

I’ve got about 50 filled orders today on hedge rolls. If anyone is tracking details on a particular position, let me know.
My go-to strategy on these #Undies is to roll hedges to ATM for significant premium collection BUT reduce contracts sold. On BA I started with a 7×5 and rolled it to a 7×3 now. I realized I can collect a lot of premium doing that, but still have a risk graph that is friendly to an upside reversal.
That’s all I’m going to post due to vast quantity of orders today.

Sue

#fundie, #ira

BABA put spread

Stock is sitting right on the 200 dma. I may be early but I’m selling a bull put spread 10 points lower, 175/170 in July for 1.62.

#shortputs #pietrades SLD LABU Jul13’18…

#shortputs #pietrades

SLD LABU Jul13’18 $75 PUT 0.95

TOS

Just noticed my commission rates went back up off the EOG trade. Need to call my rep but seems like it randomly reverts.

Check your commissions and make sure they are not charging a higher rate than advertised or what you contracted with them.

TQQQ

I rolled my 2020, 50 calls up to the 60 calls for a credit of 4.60 and

rolled my 55 calls up to the 60 calls for a credit of 2.00

This consolidates my 2020 calls at the 60 strike

AMBA

#LongCalls #LEAPS – Being careful with a possible whipsaw in this one also. No need to rush things. Already reduced basis by 43 percent in 5 weeks with the LEAPS out to 2020.

Bought to Close AMBA JUN 29 2018 44.0 Calls @ .05 (sold for .67)

Sold AMBA JUL 20 2018 43.5 Calls @ .75

#pietrade management. BTC EOG 115…

#pietrade management.

BTC EOG 115 put for 0.06. Sold for 1.12.

MU will take assignement at 58.44

WDC will roll down tomorrow, ATM now ans still over 1 of time value left.

FAS and TQQQ will probably do the same tomorrow.

LABU has pulled back enough to consider reloading puts, almost 20 point drop this week.

Too busy for any other trades today, update tomorrow.

EWZ

#LongCalls #LEAPS – Treading very carefully on this one. Only selling half size and bringing in just enough to cover the LEAPS cost until it starts to recover.

Bought to Close EWZ JUN 29 2018 35.0 Calls @ .01 (sold for .21)

Sold EWZ JUL 20 2018 33.0 Calls @ .44

TQQQ

#LongCalls #LEAPS – Jumping back in with a starter position. 20 percent of the size I closed on Friday and 2 dollars less. Leaving room to add if it keeps dropping.

Bought TQQQ JAN 17 2020 60.0 Calls @ 14.55

Sold TQQQ JUL 20 2018 60.0 Calls @ 1.65

NFLX

STC NFLX 29 Jun 380/385 CALL @4.70…BTO 19 Jun @ 3.93 #supercharger

TQQQ

Rolled July 20, 61.67 calls out to July 27, 62.5 call for a credit of .16 cents

#shortputs #fallingknife SKX bought July…

#shortputs #fallingknife SKX
bought July 20, 28 put for .85, sold April 24 for 1.73. Still have a rolled short October 37 put, originally an April earnings 37/47 strangle (short call worked out great!) SKX went from around 42 to 27 after earnings, now hanging around 30.

#supercharger I have one running…

#supercharger
I have one running in AMZN, Jun 29 1697.5/1707.5 and it is under pressure. How long would you hold out, there are just a few days to go, before you just close out trying to salvage some credit? I had paid 8.28

Didn’t like the action during the last 40 minutes, closed and received 5.87, well within the 2x loss limit.

#fuzzy

SPX calls sold

#SPXcampaign Sold $SPX July 6th 2775/2800 call spreads for 3.00.

NFLX Supercharger, partial hedge

#SuperCharger Trying my first supercharger. Thanks to MamaCash on the input… Also, thanks to Iceman for his trade yesterday on NFLX, which I’ve added to the supercharger… a bear call spread above all-time highs that expires before earnings. Do we need a new name for a SuperCharger with a partial hedge?

Yesterday, Bought $NFLX July 6th 380/390 call spreads for 7.38, GTC order to close at 9.40.
Today, sold NFLX July 13th 450/500 call spreads for 1.90.

Stopped Out NFLX Calls / Short Puts NFLX / Closed Early TSLA Short Calls

Been on vacation and hard to keep up with market and all the members here. Probably should shut down while away.

#longcalls
Stopped out yesterday
$NFLX STC 7/20 340 calls at 67.45 BTO 5/23 for 21.
#shortputs
$NFLX STO 7/20 360/370 BUPS at 3.01
Closed Early
#shortcalls
$TSLA BTC 7/20 BECS at 1.00 STO at 2.60 62% of max profit. Stock too volatile to hang onto

NFLX, GOOGL

BTO NFLX 6 JUL 18 380/385 CALL @3.83 and BTO GOOGL 6 JUL 18 1100/1105 CALL @4.00. GTC orders in to close both at 4.70 #supercharger

#ShortPuts #PIETrade Sold June 29th…

#ShortPuts #PIETrade Sold June 29th 44 Put @ .46 when TWTR was at44.89.

Closing some positions

Bought to close:
$XEC Sep 21 70 puts @ .45–sold for 1.40-1.55 on 6/4-6/5
$SHW Sep 21 320 put @ 1.45–sold for 5.10 on 4/24

T

#ShortPuts #IRA – Sold T JAN 18 2019 30.0 Puts @ 1.59

Global Market in 1 click

https://www.cnbc.com/world-markets-heat-map/

#fallingknife FYI CAR is down…

#fallingknife

FYI

CAR is down 9%

BABA roll

#CoveredCallCampaign Yesterday, Closed $BABA July 6th 190 put for 4.50. Sold for 1.20.
#StrangleRoll Sold July 20th 180 put for 2.88, and July 20th 202.5 call for 2.05.