Expiration

#optionsexpiration #assignment

$DDOG 90/95 BUPS
$TSLA 560/580 BUPS
$NVTA 50 Call
$TLRY 7.50 put
$JKS 50 put Thank you @jwardb737
$APPS 35 put Thank you @jsd501
$MARA 9 put
$NEO 45 put
$PENN 73.50 put
$PENN 76 put
$DKNG 48 put
$EXAS 100 put Thank you @jsd501
$Z 130 put
$MRVL 43 put
$MRVL 44.5 put
$MRVL 45.50 put
$SLV 23 put
$TQQQ 143 put Thank you @jsd501
$YOLO 14 put
$PLTR 25.50 put Thank you @honkhonk81

#assignment
$T 31 put

Offset a lot of these profits by ill played $AMZN 3250/3300 BUCS which was more than 50% profit
yesterday and I managed to close it with loss of 80% of what it cost. Greed not good. BTO @ 24.20 STC @ $4.95.

NVDA Call / MRVL Strangle / PENN PLTR Put

#syntheticcoveredcalls
$NVDA STO 12/18 545 call at 4.60. Sold against Jan long 550.

#shortstrangles
$MRVL STO 12/18 44.50/46 straddle at 1.11

#shortputs
$PENN STO 12/18 76 put at 1.35
$PLTR STO 12/18 25.50 put at .57 Thank you @honkhonk81

Collar Course Recommendation

Hi Everyone! Big winter storm bearing down on us here in Denver. The last time I remember a snow on Sep 8 was about 22 years ago, I was working for a dot-com startup that went public with a billion $ and lost it all. Another thing that happened over 20 years ago was that I was a subscriber to Power Options. I know that because I purchased a course from them a couple weeks ago and had to update my address on the platform….an address over 20 years old in the pacific northwest.

So, I just love collars, and have found several different ways to structure them, as you know. But….I can’t even begin to tally up the amount of $$$ I lost on the collar ceilings in the last quarter. TSLA, AAPL, NVDA, PTON, ROKU, even JNJ. I stumbled onto “The Blueprint” course at Power Options and decided to take the plunge. It’s $339 I think. I am super enjoying the course though, well worth the money. There is so much nuance and depth to collar structures—one might think them simple, pedestrian–but there are layers and layers of beautiful complexity to them. This one (Blueprint) uses very long term (5+ months) and very DITM puts for the married put portion. (Think, a long term $120 put on a $100 stock guarantees a $120 sell price—the only risk in the position is the extrinsic above the strike. The positions start off with no ceiling limitations, just significant downside protection from a higher stock price). Then they have 12 various income methods to cover that extrinsic risk, thus yielding a “bulletproof” position. The income methods—some are obvious, but many are VERY unique in the management of this type of position. Then the course originator (Radioactive Trading, which has partnered w/ Power Options) has hours and hours of highly informative webinars that further train and explain application of the income methods.

Power Options has developed into a pretty robust scanning platform. They have a cool list for covered calls called the “7/11” list. The companies on the scan provide covered call ops with at least 7% return on assignment and at least 11% downside protection. I started using the 7/11 list for collar candidates. WKHS, posted by @honkhonk81 this week is on the list, so I put a collar on it this week.

Along w/ purchasing the Blueprint course Power Options gave me 6 weeks of free trial.

Geez, I know this sounds like an advertisement, but NO affiliation, not looking for any referral credits here….just passing along a good thing, worth the price. The Radioactive Trading site probably has free videos to review if interested.

Sue

A TRADE:

CC STO 8/14/20 22.0 PUTS @.63 Trying to acquire stock cheaper.

Expirations Assignments

#assignment
$PFE 36.5 call
$SQ 124 call
$T 30 put

#optionsexpirations
$PFE 40.5 call
$NIO 14 calls
$KHC 37 calls Shout out to @honkhonk81
$RAD 15.5 calls
$MRNA 84 calls
$APT 25 calls
$AAOI calls
PEP 139 calls
$TQQQ 75 puts Thanks @jsd501
$MRVL 35 put
$KHC 34 put Shout out to @honkhonk81

KHC Strangle / NVAX Roll Call / NVDA Put Closed

#shortstrangles
$KHC STO 7/31 34/37 strangle at .86 Thank you @honkhonk81

#coveredcalls
$NVAX BTC 7/31 145 call and STO 8/7 145 call at added $14 credit. Stock at 146

#shortputs
$NVDA BTC 8/7 350 put at .30. STO on 7/6 at 4.40. Thank you @fuzzballl

Expiration

#optionsexpiration
$RAD 13.5 call
$ROKU 114 call
$ROKU 112 call
$AMD 57 call
$TQQQ 50 put Thank you @jsd501
$PFE 37 put
$DKNG 28 put Thank you @honkhonk81

$ZS 70/75 BUPS Earnings trade STO yesterday at 1.77

Expiration

#bups
$AAPL 210/220
$AMZN 1900/1920

#shortcalls
$TWTR 37
$NVTA 20
$T 28

#shortputs
$PZZA 57.5 Thank you @jsd50101
$TWTR 35 Assigned
$DDOG 42 Assigned
$UBER 21
$MSFT 155
$PLAN 35
$XOP 35.50 Thanks @ramie77
$ENB 27.5
$UVXY 20 Thank you @jeffcp66
$PFE 35
$CODX 10 Thank you @honkhonk81

#LongPuts
$PTON BTO at 3.79. Ill be pedaling for a while to make this back.

LK Puts / SPX 3 DTE Closed

#shortputs
$LK STO 1/17 38 put at .70. Thank you @honkhonk81

#spxcampaign
$SPX BTC 1/13 3290/3315 BECS at 2.30. STO at 2.02. Price now at 1.55. Breathing better now. Thank you for your guidance @jeffcp66

$SPX 1DTE Expired / OLLI BUCS and BUPS and Put Closed / Rolled TQQQ / STNE Put Closed / NUGT PLAN Rolled / EXAS Covered Call

#optionsexpiration #spxcampaign

$SPX 2865/2890 BUPS STO 9/10 at 1.35
$SPX 2960/2985 BUPS STO 9/12 at 2.85 Thank you @jeff

#bucs #bups #shortputs

By Golly $OLLI All were opened after earnings release which dropped the stock.
$OLLI STC 9/20 55/60 BUCS on 9/10 for 4.50. BTO 8/29 at 2.97
$OLLI BTC 9/20 55/60 BUPS on 9/16 for .20/ STO 8/19 at 2.03
$OLLI BTC 9/20 55 puts at .05 on 9/12. STO 8/29 at 1.35

Have not been posting lately. A little out of sorts. Hope to be back soon.

#syntheticstock
$TQQQ Rolled 9/20 65 calls to 10/4 68 calls at even. Gain three points if called away. These sold against 66.67 LEAPS. Collected 68% of call cost so far.

#shortputs

$STNE BTC 9/20 30 put at .05/ STO 8/19 at 1.00. Thank you @fuzzy
$NUGT Rolled 9/20 35 put to 9/27 34 put at .37 debit.
$PLAN Rolled 9/20 50 put to 10/18 for added 1.10 credit. Thanks @honkhonk81 for original idea.

#coveredcalls
$EXAS STO 9/20 109 calls at 1.05

PYX

#CoveredCalls
BTC Aug 16 15 cc @ .10, STO on July 22 @ 1.42. Off to the dispensary. Thanks, @honkhonk81

KHC

#ShortPuts – Had to leave for awhile today so missed the biggest drop. Trying to catch a little bit of the move anyway. Starter position at 34% annualized if held to expiration or a 6.2% divvy @ a 25.80 basis. Hopefully get to add a couple more later. Thanks @honkhonk81 for the heads up!

Sold KHC SEP 06 2019 26.5 Puts @ .70

Ketch-down

#PieTrades #dividends Bought some stock in one account at 26.70. On all accounts, started a #PieTrade:
Sold $KHC Aug 23rd 27 puts for 1.23

thanks for the idea @honkhonk81

Trying out HIIQ

Thanks @honkhonk81 for bringing my attention to this one.
Sold $HIIQ 7/19 jade lizard–short 26 puts + 34/37 bear call spread–for 3.20 credit.

SPX Campaign / BA Long Calls / GOOS AMD Covered

#spxcampaign
$SPX 5/28 1 DTE expired worthless
$SPX STO 5/29 2750/2770/2850/2865 @1.25 Thank you @jeffcp66

#longcalls
$BA BTO 1/17/2020 380 calls at 21.50

#coveredcalls
$GOOS STO 5/31 53.50 calls at 1.45
$AMD STO 6/7 28.50 calls at .88 Thank you @honkhonk81

SFLY WK Roll Calls / BURL AMD Covered Calls / BA Roll down Short Calls

#coveredcalls
$SFLY BTC 5/17 45 call and STO 5/17 42.50 call for 1.60 added credit. Plan is to have stock taken away.
$WK BTC 5/17 55 call and STO 6/21 60 call at .30 credit.
$BURL STO 5/17 160 call at 1.70. Again, want the stock taken away. Please nobody acquire it tonight. 😉
$AMD STO 5/17 27.50 call at .47. Thank you @honkhonk81

#shortcalls
$BA BTC 5/17 400 call and STO 5/24 360 call at .95 credit. Sold against long leaps.

CTL Puts / Roll BURL Today’s Expiration / IRBT Wild Ride Expiration

#shortputs
$CTL STO 6/21 10 puts at .30 Thank you @ramie77

#coveredcalls #optionsexpiration
$BURL BTC 5/10 170 call and STO 5/10 167.50 call at .80 credit. And it expired.

#optionsexpiration
Total Loss
$IRBT 95/100 and 100/105 BUPS
Total Gain
$IRBT 98 and 100 calls Thank you @honkhonk81 for the recovery trades. Well done.

TNDM Closed Puts / SPX Campaign / IRBT Calls / Roll NVTA Calls

#shortputs
$TNDM BTC 5/17 65 puts at 2.60. Have been rolling since 4/7. Total credit taken in 5.15.

#spxcampaign
$SPX BTC 5/10 2970/2985 BECS at .25. STO 5/2 at 3.35. Thank you @jeffcp66

#shortcalls
$IRBT STO 5/10 100 call at 1.30 Thank you @honkhonk81
$NVTA BTC 5/17 25 calls and STO 5/17 22.50 calls at .25 credit (covered) as stock dropped on earnings.

IRBT / GOOGL Adventure / SPX1DTE / LABU CVX Short Calls SFIX Expired / FB Assigned/ KNX SQ Short Puts

#bups
$IRBT BTC 5/3 98/102 BUPS for .20. STO at 1.35.
$IRBT STO 5/10 95/100 BUPS for 1.00
$IRBT STO 5/10 100105 BUPS for 2.05 You rock @honkhonk81

$GOOGL Misadventure
Assigned this morning stock $2000 (Yikes) Fortunately stock had a good day and I could close
the 5/3 1190/2000 BUPS at .50 per contract less than a total loss. Sold on 4/30

#spx1dte
$SPX 5/3 2850/2870/2945/2965 will show 90% of profit as market closed finally. Thank you @jeffcp66

#shortcalls
$CVX STO 5/10 119 call at .78. Sold against 5/17 long 125 calls. The 5/3 120 calls expired. Sold for 1.52. If this expires the losing trade (so far) of the long call will be reduced by 2.30. They were bought for $3. And another week possible.
$LABU BTC 5/3 50 call and STO 5/10 51 call at 1.45 added credit (Covered) Thank you @hcgdavis.

#optionsexpiration
$SFIX 28 call (covered)

#assignment
$FB 195 calls

#shortputs
$KNX STO 6/21 30 put at .80
$SQ STO 6/21 65 put at 1.82 Thank you @thomberg1201

#shortputs #closing IRBT

April 26, sold a post earnings, @honkhonk81 influenced 95 put for 2.10, bought today for .70

AMD Assigned

#assignment
$AMD 28 put Basis 27.43 Stock at 27.88 Thank you @honkhonk81

SYNA Puts

Channeling my inner @honkhonk81
$SYNA STO 4/12 39 puts at $1.00

SYNA Short Calls

#shortputs
$SYNA STO 3/29 37.5 calls at .35 Covered Thank you @honkhonk81 for inspiration

NTNX Short Puts

#shortputs
$NTNX STO 3/22 38 puts at .85 Inspired by @honkhonk81 faith in the stock.

Expiration / Lost My Shirt GOOGL LULU/ Rolled HIIQ Puts TNDM Calls

#optionsexpiration
$AMRN 16 put
$HIIQ 31 and 33 puts Thank you @honkhonk81
$EVTC 30 puts
$PYX 25Puts
$TNDM 59.50 puts
$NTNX 35 put Thank you @honkhonk81
$AVGO 260/265/267.5 #BrokenWingButterfly (calls), exercising for 2.20 credit (bought for 1.65).
$ADBE 245/250/280/285 condors, sold for 1.20 yesterday. Thank you @jeffcp66 for both.
$NFLX 325/335 BUPS STO Valentine’s Day for 2.50.
#optionsexpiration
Lost My Shirt Much too much patience. Threw away rabbit’s foot and four leaf clover. We will see what happens
$GOOGL 1180/1160 BECS STO 2/28 for 3.10
$LULU 145/155 BUCS BTO at 4.75 on 2/5

#rolling
$TNDM BTC 3/15 70 call and STO 3/22 73 call at $1 cost. Stock at 73.14
$HIIQ BTC 3/15 40 put and STO 3/22 40 put at $1.30 credit. Stock at 34.17

Have a great and green weekend, and a greener remainder of the year. If you drink, do not trade! 😉

Short Puts NTNX HIIQ / Assigned BURL / Rolled SOXL Calls

#shortputs
$NTNX STO 3/15 35 put at 1.00 Thank you @honkhonk81
$HIIQ STO 3/15 39 put at 2.30 I am being goosed along by @honkhonk81. Thank you my feathered friend.

#assignment
$BURL Assigned shares at 165 and 167.5 via a bullish trade on earnings. Stock currently at 143.52. Plan to sell calls if stock stabilizes. Right now it looks to be made of lead.

#rolling
$SOXL BTC 5/17 100 call and STO 5/17 125 call at even. Stock currently at 117

TRADES:

SFIX BTO stock to cover short calls @27.45
HIIQ STO 3/15/19 33.0 PUTS @1.70
HIIQ STO 3/15/19 CALLS @2.90 Stock reported & crashed

Expirations

#optionsexpiration
Full Profit
$SQ 65/70 BUPS
$AAP 140/150 BUPS
$SPX 2690/2710/2810/2790 1 DTE IC I love using codes.
$T 29 Short Call
$FB 165 call (Covered)
$EXAS 85 put
$HIIQ 31 put Thank you @fuzzballl
$HIIQ 33 put
$HIIQ 38 put Thank you @honkhonk81
$TNDM 43 put
$KEM 17 put
$NVDA 140 put Earnings trade

Full Loss
$CRM 145/140 BECS

HIIQ NVTA Short Puts / NVDA Earnings Straddle / NFLX BUPS / Rolling TQQQ

#shortputs
$HIIQ STO 3/15 31 puts at 1.19 Thank you @honkhonk81.
$NVTA STO 3/15 15 puts at 1.00

#earnings
$NVDA STO 3/15 120/189 straddle at 1.70. Thank you @thomberg1201

#bups
$NFLX STO 3/15 325/335 BUPS at 2.50 Thank you @ramie77

#perpetualrollingstrangles
$TQQQ BTC 2/15 50 calls and STO 3/15 53 calls for additional .80 credit.

Happy Valentines Day to all. Not much left of it but enjoy.

Closed Early $SPX JPM SAVE EA / Short Puts HIIQ SFLY

Closed Early
$SPX BTC 2/11/2745/2730 BECS at .05. STO today at .85 Thank you @jeffcp66
$JPM BTC 2/15 90/100/110/100 IC at 2.30 STO 1/14 for 5.14 Thank you @thomberg1201 for the earnings trade
$SAVE STC 2/15 BUCS at 4.20 BTO on 1/29 for 1.90
$EA BTC 3/15 75 puts at .10. STO on 2/7 for 1.68 after their earnings announcement (poorly received initially).
Thanks to @ramie77

#shortputs
$HIIQ STO 2/15 38 put at 1.40. Thank you @honkhonk81
$SFLY STO 3/15 45 put at 2.05. Hope this is picture perfect.

Expirations AMZN SPX / Closed Early AMZN / ROKU BUPS / Roll TQQQ

#optionsexpiration
#bullputspreads
$AMZN STO 2/1 1605/1610 BUPS at .50 Expired same day. Thank you @honkhonk81 and jojo mojo
#spx1dte
$SPX 2630/2650/2765/2745

Closed Early
$AMZN BTC 2/1 1590/1600 BUPS as part of earnings IC at .20 Made 85% of max. Stock started to look soft in late afternoon and I did not want to be correct, I just wanted a profit. Thank you @jeffcp66 BECS expired!

#bucs
$ROKU BTO 3/15 40/50 BUCS at 4.80. Earnings Feb 21st

#rollup
$TQQQ BTC 2/1 46 call and STO 2/15 48.50 call at .15 credit. Sold against leap.

Expiration

#optionsexpiration

$BA 340/350 BUCS Thank you @jsd501
$SPX 2815/2840 BUPS Thank you @jeffcp66
$M 36.5 Calls (Covered)
$TNDM 41 Puts Thank you @honkhonk81
$ROKU 71.5 puts Thank you @honkhonk81

MTN NVDA Calls / Roku KR Puts

#coveredcalls
$MTN STO 10/19 310 calls at .90 9/28 earnings
$NVDA STO 9/28 272.5 calls at 1.30 Sold against Long 10/19 265 calls

#shortputs
$ROKU STO 9/28 71.50 put at 1.05 Thank you @honkhonk81 for inspiration
Closed Early
$KR BTC 10/19 30 put at .40 STO 9/17 for 2.11

Expiration / TNDM Puts / NFLX Calls Rolled / MZOR Puts Closed

#spxcampaign
$SPX 2760/2780/2960/2640 Iron Condor Thank you @jdietz1954 and @jeffcp66

#shortputs
$TNDM STO 9/28 41 put at 1.10 Thank you @honkhonk81
Closed Early
$MZOR BTC 11/16 70 puts at 12.80 STO at 17.20 Since company has been acquired at 58.50 not sure how I closed these.

#shortcalls
$NFLX BTC 10/5 375 calls and STO 10/19 400 calls at added 2.10 credit (covered)

TNDM Puts

#shortputs
$TNDM STO 9/21 44 puts at 2.20 Thank you @honkhonk81 for inspiration

A TRADE: Not your usual…

A TRADE: Not your usual BuPS . The higher strike is above the stock price. I did it this way because the margin usage is 280.0 vs. 1800.0 +. So I make almost 100% on the trade for a 22 day wait. Yah, I WANTED to sell the 45.0 put. I think TNDM will be @ 45.0 by expiration, but that’s just my gut feeling, no edge. So, a little risky. Ride ’em cowboy. ;>)

TNDM STO 9/21/18 45.0 PUT @3.60
TNDM STO 9/21/18 40.0 PUT @1.50 Net Premium 2.10

Expiration / Assigned / Roll / Closed Early / Trades

#optionsexpiration
$NFLX 340/345 BUPS Total Loss
$FB 160/170 BUPS Expired worthless as opposed to total loss
$FB 155/165 BUPS Expired worthless
$SPLK 115 Call Covered
$TRTN 35 call Covered Stock taken away Basis 31
$DBX 32.5 call Covered
$AAXN 65 call Covered
$TNDM 28 put Thank you @honkhonk81

#assignment
$M 8/17 40 puts Earnings trade gone awry. Perhaps profitable by Black Friday? Basis 38.95
$WTW 8/17 89 puts Earnings trade result. Will be waiting for the fat going back into account. Basis 85.20

#shortputs
Rolled
$MZOR 8/17 70 puts rolled to 9/21 at even Getting dizzy from rolling this one
Closed Early
$NFLX 8/17 315/325 BUPS at 2.10 STO at 1.75
$SPX BTC 8/24 2760/2785 BUPS at 1.00 STO at 2.70 on 8/10 Thank you @jeffcp66
Trade
$GOOGL STO 9/21 1180/1190 BUPS at 2.81

Enjoy the rest of the weekend. Thanks for all the thought provoking discussions.

AMZN Long Calls / AMZN GOOGL Short Puts / TNDM Short Puts

#longcalls
Close Early
$AMZN STC 8/17 1820 calls at 95.50 BTO at 68.08 on 7/26 Have one left with a stop on it

#shortputs
$AMZN STO 9/7 1780/1800 BUPS at 2.70
$GOOGL STO 9/21 1190/1210 BUPS at 4.50
Closed Early
$TNDM BTC 8/17 30 put at .40 STO on 8/1 at 3.00 Thank you @honkhonk81

A WORD TO THE WISE

Yesterday I forgot to check earnings, on MZOR, had a 100 shares and a 65.0 August Put. Well it was down over 10 points this morning. Needless to say, I wasn’t happy the rest of the day. So learn from this, and check EARNINGS DATE on your trades. I know I learned from this, the hard way. Good thing I used risk management, and didn’t have too much.

Long Calls URI / SPX Campaign / Short Puts / Rolling / Expiration

#longcalls
$URI BTO 9/21 165/180 BUCS for 7.00
#spxcampaign
$SPX STO 5/18 2510/2535 BUPS at 1.70 Thank you @jeffcp66
$SPX STO 4/25 2665/2690 BUPS at 4.60 Thank you @jeffcp66 Better luck this time.

#shortputs
$SKX STO 4/27 31 put at 1.00 Thank you @honkhonk81 Falling Shoe Trade
$URI STO 5/4/2018 160/165 BUPS at 1.40

#rolling
$SCHN BTC 4/20 36 put and STO 5/18 36 put at .30 added credit
$MZOR BTC 4/20 70 put and STO 5/18 70 put for added .70 credit

#optionsexpiration
$NFLX 340/335 BECS
$SPX 2795/2770 BECS Thank you @jeffcp66
$TSLA 305/300 BECS more than offset by
$TSLA 295/300 BUPS Missed the tail on the donkey with pinning! ;-}
$FB 170/175 BUPS Total Loss
$NKTR 90/100 Total Loss
$FB 135/145 BUPS
$NFLX 275/280 BUPS
$NFLX 260/270 BUPS
$SPX 2665/2690 BUPS Big Loss but not Total but still BIG OUCH! Will I ever learn?
$CAT 125/135 BUPS
$AMZN 1360/1390 BUPS
$GOOGL 1030/1035 BUPS
$FB 140/150 BUPS
$ALGN 230/240 BUPS
$WHR 120 put Thank you @ramie77
$SIG 35 put Thank you @optioniceman
$TWTR 31 put
$MSFT 92.5 put
$RIG 10 put

Short Calls EXAS LABU

#shortcalls
$EXAS STO 3/23 49.50 calls at .80 Thank you @honkhonk81
$LABU STO 3/23 95 calls at 2.70 Covered

Closed Early SPX BIDU WYNN / Short Puts MZOR MU SCHN SPX

Closed Early
#spxcampaign
$SPX BTC 3/23 2800/2775 BECS at 9.50 STO at 2.80
$SPX STC 3/14 2810/2830 BUCS at 3.50 BTO at 2.20 Thank you @jeffcp66
$SPX STC 3/16 2840/2860 BUCS at 1.80 BTO at 1.70 Thank you @jeffcp66

#shortputs
$BIDU BTC 3/16 270/260 BECS at 4.00 (GTC Stop) STO at 1.92

#longcalls
$WYNN STC 3/16 165 calls at 25.20 BTO for 9.80 on 1/30 All gone now.
++++++++++++++++++++++++++++++++++++++++++++++++++++
Trades
#shortputs
$MZOR STO 4/20 70 puts at 2.80
$MU STO 3/16 57.5 puts at .80 Thank you @honkhonk81 Good luck to all
$SCHN STO 4/20 36 puts at 1.45
#spxcampaign
$SPX STO 4/20 2650/2750 BUPS at 19.00 Thank you @fibwizard

SPX Campaign / Short Calls / Closed Early

#spxcampaign
$SPX STO 3/9/2018 2775/2750 BECS at 4.55
#shortcalls
$EXAS STO 3/9 48.50 calls at .50 (covered)

Closed Early
$NTNX BTC 3/16 35 put at .05 STO at 4.40 Thank you @honkhonk81
$SQ STC 3/16 40 call at 9.15 BTO at 2.80

Expiration / Covered Call SQ

#optionsexpiration
$SPX 2665/2790 BUPS Thank you @jeffcp66
$SPX 2550/2650 BUPS Thank you @alsumde
$WYNN 160/170 straddle Thank you @honkhonk81
$ETE 17 call (covered)
$EXAS 49.5 call (covered)

#shortcalls
$SQ 3/2 46 call at 2.00 (covered)

Thank you all. Have a terrific weekend.

SPX Campaign / WYNN Strangle /Closed Early NFLX

#spxcampaign
$SPX STO 3/23 2500/2525 BUPS at 1.60 Thank you @jeffcp66

#shortstrangles
$WYNN STO 2/23 160/170 strangle at 1.60 Thank you @honkhonk81

#coveredcalls
$ETE STO 2/23 17 call at .30
$DVN STO 3/2 35 call at .81

Closed Early
$NFLX BTC 3/16 230/240 BUPS @ .40 STO 2/5 for 2.15
$NFLX BTC 3/16 220/235 BUPS @ .40 STO 2/13 for 2.06

SPX Campaign / Short Puts CMG FB / Long Calls PETS CMG

#spxcampaign
$SPX STO 2/7 2765/2790 BUPS @ 3.55
$SPX STO 2/23 2925/2900 BECS @ 1.80 Thank you @jeffcp66

#shortputs
$FB STO 2/16 165/175 BUPS @ 1.55
$CMG STO 2/16 315/325 BUPS @ 3.80

#longcalls
$CMG BTO 2/16 340/350 BUCS @ 4.69
$PETS BTO 2/16 45/55 BUCS @ 4.70 Inspired by @honkhonk81

Options Expiration

#optionsexpiration

$GS 345/255 BUCS
$SPX 2575/2600 BUPS Thank you @jeffcp66
$AA 59 call
$BAX 65 put
$SVXY 30 put Thank you @jsd501
$SVXY 37.5 put Thank you @jsd501
$SVXY 42.5 put Thank you @fuzzballl
$77.5 put
$XOP 34 put
$T 36 put
$TAP 75 put Thank you @ice and @fuzzballl
$TAP 77.5 put Thank you @ice and @fuzzballl
$KBH 27 put
$TWTR 20 put
$WUBA 75 put
$EGBN 55 put Thank you @honkhonk81
$NTNX 35 put
$BABA 155/165 BUPS
$AAPL 155/165 BUPS
$AGN 160/170 BUPS
$GS 230/240 BUPS
$RCL 120/123 BUPS Thank you @smasty160
$NFLX 165/180 BUPS
$AMZN 1030/1080 BUPS Thank you @jsd501
$AMZN 110/1130 BUPS
$SPXW 2715/2740 BUPS Thank you @jeffcp66
$NFLX 210/215 BUPS

Got crished on a $BA 310/300 BECS Just cannot get out of some trades
$MTN and $TRN Long calls expired worthless. My account is now worth less. 😉

Thanks to everyone. Enjoy the weekend. NY metro area a little warmer this weekend. Wash the car.

Closing Early EGBN

#longcalls
$EGBN STC 1/19 55 call @ 7.00 BTO @ 5.30.
Allowing the companion 1/19/55 put to expire. (I hope)
It is so nice when companions cooperate.
Thank you @honkhonk81

SPX Close Early / NTNX Short Puts

#spxcampaign
$SPX STC 1/12 2750/2775 @ 9.00 BTO @ .93 Sold 1/3 of position. Thank you @jeffcp66
#shortputs
$NTNX STO 1/19 37.50 puts @ 1.15 Thank you @honkhonk81

Short Puts NTNX

$NTNX STO 1/19/2018 35 put @ 1.22 Thank you @honkhonk81

SPX Campaign / Short Puts / Long Calls

#spxcampaign
$SPX STO 1/19/2018 2585/2610 BUPS @ 1.65
$SPX STO 1/19/2018 2575/2600 BUPS @ 1.30
$SPX STO 12/20 2665/2690 BUPS @ 3.30

#shortputs
$SVXY STO 1/18/2019 55 put @ 7.80 Thank you @jsd501
$RCL STO 1/19/2018 120/123 BUPS @ .73 Tank you @smasty160
$EGBN STO 1/19/2018 55 put @ 1.00 Thanks @honkhonk81

#longcalls
$EGBN BTO 1/19/2018 55 call @ 5.30 Thank you @honkhonk81

Expirations

Pretty Sure These Will Expire Worthless

#spxcampaign
$SPX 2225/2250 BUPS Hail to the @jeffcp66eff
$SPX 2170/2270 BUPS Thank you @fibwizard
$SPX 2300/2350 BUPS Hail to the @jeffcp66eff
$WYNN 105/110 BUPS
$NFLX 145/150 BUPS

#vxxgame
$UVXY 40 calls Thanks @honkhonk81
$SVXY 81 puts
$SVXY 90 puts
$FB 146 puts Thanks @jeffcp66 Earnings Trades
$STMP 90 puts Thanks @jeffcp66 Earnings Trades

Have a great weekend everyone.

#Earnings #Short Puts # Closed…

#Earnings #Short Puts # Closed Early # Expiration

#earnings
$EXPE 4/28 126/146 Strangle @ 1.06 Thank you @jeffcp66 Stock down to 134 after hours. So far so good.
$BIDU 5/19 165/170/205/200 IC @ 1.20 (OMM Trade) Stock down to 179.50 after hours. So far so good.

Trade
#shortputs
$AAL STO 5/12 42.50 put @ .49 Thank you @honkhonk81 via Bridget @ OMM

Closed Early
Half smart or more likely prudent
$GOOGL STC 5/19 850 call @ 30.80 Bought 4/18 for 22.30. Did keep a GOOGL long call through earnings. Is a YIPEE in order?

Expired
#spxcampaign
$SPX 4/26 2410/2385 BECS at a 55 cent per contract loss.

SPX Campaign Long Calls Short Puts

#spxcampaign
$SPX STO 4/17 2415/2390 BECS @ 1.65
$SPX STO 5/5 2220/2245 BUPS @ 1.60

#longcalls
$TSLA BTO 4/7 300 call @3.50 (DrScience @OMM)
$BA BTO 4/28 185/187.50 BUCS @ .51 Thanks @prvtrader

#shortputs
$UVXY STO 4/28 23 calls @ .83 Thanks @honkhonk81
$NVDA STO 5/19 90 put @1.68 Thanks @ramie77

Short Calls

#shortcalls
$UVXY STO 3/17 21 call @ .37 Thank you @honkhonk81

Expirations Closed Early One More Trade

#optionsexpiration
$SPX 2165/2190 BUPS
$SPX 2200/2225 BUPS
$ULTA 245/255 BUPS (Earnings Trade) Thank you @jeffcp66
$UVXY 30 calls
$UVXY 20 calls We made it @honkhonk81 Thank you

Closed Early

$GOOGL BTC 3/17 790/800 BUPS @ .05 97% profit
$MRVL STC 3/17 16 call @ .35 33% loss (Should have waited)
$ULTA STC 3/17 260 call @ 24.67 33% profit

One More Trade
$FIZZ BTO 3/17 call @ 1.38 (Speculative)

Thanks to everyone’
Have a terrific weekend and another profitable week next week.

Today’s Trades

#shortcalls
$UVXY STO 3/10 20 calls @ .52 Thank you @honkhonk81
$UVXY STO 3/17 25 calls @ .41 Thanks again @honkhonk81
#shortputs
$JCOM STO 4/21 80 put @ 2.00 Thank you @jsd501

Plucked a Trade From Goose

#shortcalls
$UVXY STO 3/17 25 calls @ .41 (goose trade @ OMM)

$UVXY Taking off some more…

$UVXY Taking off some more #VXXGame trades
Using market strength to close these at more than 90% max profit, continuing to reduce risk and short volatility exposure with the S&P at resistance.

Bought to close:
$UVXY Sep 16 2016 110 call @ .89 (Sold for 11.10 on 2/2/16)
$UVXY Sep 16 2016 90 call @ .95 (Sold for 20.10 on 1/20/16)
$UVXY Jan 20 2017 170 call @ 1.00 (Sold for 13.20 on 1/13/16)
$UVXY Jan 20 2017 115 call @ 1.55 (Sold for 28.23 on 8/27/15)

$ETE following honkhonk81’s lead on…

$ETE following @honkhonk81 ‘s lead on ETE, sold 2, Feb. 26., 7 puts for .40 this week, bought them back for .22 rolled them to next week for .52

$SPY BeCS April 8 198/200 for .94 followed Tony at Tasty