TQQQ

#LongCalls #LEAPS #BullCallSpreads – Thanks @jsd501 for the nice reminder on this ticker. Great premium for setting up a longer term position. As an experiment, I’m buying the Jan 2020 call spreads 100 points wide. TOS is showing an expected move of +/- of 100 points out to 2020. This reduced my entry cost (but caps long term profits).

Bought to Open TQQQ JAN 17 2020 150.0/250.0 Bull Call Spreads @ 28.30

92 weeks for the trade to run so only need 31 cents per week to cover the cost. Goal is to get it covered much sooner and keep selling against the position.

So:

Sold TQQQ APR 20 2018 155.0 Calls @ 3.30

#fuzzy

FB

#LongCalls – I agree with Whiz and @jsd501 . Facebook isn’t going out of business any time soon and premiums are fantastic. Going with the basic long calls and selling against them. Only 1.50 more out of pocket up front but a 2.70 less max loss vs the synthetic.

Bought to Open FB JAN 18 2019 160.0 Calls @ 18.50

Only going out to Jan 2019 so 41 weeks to cover max loss requires 45 cents per week. This particular trade doesn’t even seem that directional. With the premiums available (Zuck testifying and earnings approaching) a big chunk of this will be recovered in the first 3 weeks. Even at just a dollar a week the trade makes 22.50.

So:

Sold FB APR 13 2018 162.5 Calls @ 1.64

#optionsexpiration $SPX 2750/2725 BECS Thank…

#optionsexpiration
$SPX 2750/2725 BECS Thank you @jeffcp66

Closed Early
$SPX BTC 4/13 2745/2720 BECS at .40 STO at 3.50 Thank you @jeffcp66
$AMZN BTC 1610/1600 BECS at .20 STO at 1.14 as part of IC Thank you @thomberg1201
$FB BTC 4/20 170/162.5 BECS at .88 STO at 2.00
$FB BTC 4/20 190/180 BECS at .20 STO at 1.15

#shortputs
$TQQQ STO 9/21 80 put at 6.80 Thank you @jsd501

TQQQ

#ShortPuts #IRA – Thanks again @jsd501 …..

Sold TQQQ MAY 18 2018 80.0 Put @ 2.00
Sold TQQQ SEP 21 2018 80.0 Put @ 6.50

Dividend stocks

#Dividends Looking to help my sister with her IRA… she wants decent dividend stocks on which I can also sell #CoveredCalls. Already bought her some $AAPL.

Any other recommendations out there. I’m not too in-touch with the #YieldHogs.

#pietrade

Taking off some MTN

Bought to close $MTN Apr 20 210 put @ 1.70. Sold for 5.80 on 12/1. Thanks @jsd501.
Booking the 70% profit over a month early.

Taking profits on ANET

Getting out for over 70% of the profit, 3 1/2 months early.
Bought to close:
$ANET Jun 15 165 put @ .60. Sold for 2.35 on 2/16.
$ANET Jun 15 200 put @ 2.30. Sold for 8.30 on 2/16 (thanks @jsd501).