CRWD

At the open BTC with GTC order CRWD Jan 15 21 120 PUT @.70….Was STO 11/19/20 @3.90….Thanks to @jsd501 for the idea….#shortputs

#closing PYPL Following the good…

#closing PYPL

Following the good example of @jsd501 bought Dec. 18, 170 put for .25, sold Nov. 17 for 1.61

GOOGL BUPS Partial Close (No Not the GOO part)

#bups

$GOOGL BTC 12/4 1760/1775 BUPS at 2.80. STO 11/25 at $7. Thank you @jsd501

TQQQ Put Closed

#shortputs

$TQQQ BTC 12/18 40 puts at .05. STO at 2.22. Thank you @jsd501

TQQQ

#ShortPuts – Thanks @jsd501 I didn’t see the little drop there. Adding to the ladder.

Sold TQQQ JAN 15 2021 90.0 Put @ 2.65

Expiration

#optionsexpiration
$TQQQ 35 put Thank you @jsd501
$NVTA 45 put
$TDOC 170 put Thank you @fuzzballl
$RDFN 55 calls
$NEO 50 calls
$VSTO 25 calls
$TLRY 9 calls
PFE 39 calls
$NVDA 535 calls
$DKNG 45 put
$DKNG 40 put Thank you @thomberg1201
$NEO 40 put
$PSTG 17.5
$VSTO 20 put
$T 26.5 put
$OLLI 82.5 put
$LI 22.5 put
$LI 25 put
$FTCH 44 put
$PLUG 23 put

NVDA

#ShortPuts – Thanks @jsd501 for the post earnings idea…

Sold NVDA DEC 18 2020 450 Put @ 3.20

Z BUPS Closed / TQQQ Put Closed

#bups

$Z BTC 11/20 85/95 BUPS at .50. STO at 3.19

#shortputs

$TQQQ BTC 12/18 40 put at .20. STO at 2.10 Thank you @jsd501

TQQQ Put Closed

#shortputs

$TQQQ BTC 12/18 45 put at .40. STO at 2.75 on 7/21. Thank you @jsd501

TQQQ PUT Closed

#shortputs

$TQQQ BTC 10/23 135 put at .80. STO at 2.91. Thank you @jsd501

DKNG Puts Closed / GOOGL DKNG WYNN BUPS Closed

#shortputs
$DKNG BTC 10/16 40 puts at .20. STO for 3.96

#bups
$GOOGL BTC 10/2 1250/1300 BUPS at .30. STO at 1.95. Thank you @jsd501
$DKNG BTC 10/16 30/35 BUPS at .10. STO at 1.70.
$WYNN BTC 10/16 70/80 BUPS at 6.00. STO at 2.83.

LULU

#ShortStrangles -Risk reduction.Should have followed @jsd501 out yesterday! I’ll still take it. 🙂

Bought to Close LULU SEP 18 2020 300.0/380.0 Strangle @ 1.98 (sold for 4.60)

TQQQ Puts Closed

#shortputs
$TQQQ BTC 9/18 40 put at .05. STO at 1.72. Thank you @jsd501

TQQQ Put Closed

#shortputs
$TQQQ BTC 9/18 45 put at .15. STO at 3.60. Thank you @jsd501

TSLA

#ShortStrangles – Following @jsd501 here. My second roll up of the put side so far. Massive call skew so the overall position is still short a few deltas…

Rolled TSLA SEP 18 2020 1000.0 Put to SEP 18 2020 1300.0 Put @ 7.40 credit (19.45 total now)

TQQQ Puts Closed / TDOC LVGO Puts / MRNA Calls

#shortputs
$TQQQ BTC 8/14 80 put at .05. STO 7/28 at 1.10. Thank you @jsd501
$TDOC STO 9/4 165 put at 4.30 Thank you @fuzzballl
$LVGO STO 9/4 100 put at 2.00. Just what the @fuzzballl ordered.

#coveredcalls
$MRNA STO 8/14 75 calls at 1.05

TDOC

#ShortPuts – Thanks @jsd501 for pointing this one out. Added to my watchlist now.

Sold TDOC AUG 28 2020 175.0 Put @ 3.30

TQQQ Put Closed / DHI BUCS Closed / TQQQ Calls Rolled / SPX 1 DTE Expire

#shortputs
$TQQQ BTC 9/18 30 put at .15. STO at 2.15 on 5/6. Thank you TQQQ King @jsd501

#bucs
$DHI STC 8/2155/65 BUCS at 8.60. BTO at 4.64

#longleaps
$TQQQ BTC 1/15/2021 67 calls and STO 1/15/2021 90 calls. Took in16.50 in profit.

#spx1dte #optionsexpiration
$SPX 3145/3165/3310/3330 Sold for 1.05

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

TQQQ Put Closed

#shortputs
$TQQQ BTC 7/31 60 put at .06. STO at 2.10. Thank you @jsd501

MRNA NVAX Call Roll / TQQQ Close Put

#coveredcalls
$MRNA BTC 7/17 90 call and STO 7/24 95 call at extra 2.50 credit. Stock at 94.85 at days end. Will try to roll again.
$NVAX BTC 7/24 120 call and STO 7/31 130 call at debit of .25. Stock jumped to 140.49 during the day. Rolling again on Monday perhaps.

#shortputs
$TQQQ BTC 7/31 50 put at .10. Thank you @jsd501 AKA the King of QQQ’s. 😉

TQQQ Put Closed

#shortputs
$TQQQ BTC 7/17 45 put at .10. Thank you @jsd501

TQQQ

#ShortPuts – Starter position here. Thanks @jsd501 .

Sold TQQQ AUG 21 2020 50.0 Put @ 1.72

TQQQ Put

#shortputs
$TQQQ STO 8/21 55 put at 1.80. Thank you @jsd501 for the idea

Expiration

#optionsexpiration
$NEO 25 puts
$T 28 puts
$CODX 15 puts
$SDGR 60 puts
$TQQQ 60 puts Thank you king of the TQQQ @jsd501
$HAL 11
$DDOG 65
$CCL 16 put
$SPY 280 Thank you @fuzzball
$SQ 88 puts
$SDGR 65 puts
$PFE call
$MRVL 35 call
$AMZN 2280/2300 BUPS

#assignment
$ROKU 120 calls
$ROKU 112 calls
$PLAN 40 calls
$DDOG 45 calls
$SDGR 55 calls
$MRVL 32.5 calls

NVDA BUCS Closed / TQQQ Puts / DDOG Put Closed /

#BUC
$NVDA STC 6/19 355/365 BUCS at 8.20. BTO 5/22 at 5.20

#shortputs
$TQQQ STO 7/31 50 put at 1.25. Thank you @jsd501
$DDOG BTC 6/19 put at .10. STO at 1.35 on 6/16

TQQQ

#ShortPuts – Thanks @jsd501 !

Sold TQQQ JUL 31 2020 50 Puts @ 1.23

OLLI TQQQ WORK AXSM Close Puts TQQQ Put / RAD Calls

#shortputs
$OLLI BTC 6/19 80 puts at .60. STO 5/22 for 3.70
$TQQQ BTC 6/19 35 puts at .05. STO 4/15 for 2.35 Thank you @jsd501
$WORK BTC 6/19 80 puts at .50. STO 5/11 for 2.78
$AXSM BTC 6/19 92.50 puts at 19.11. STO 5/11 for 8.00. Ouch!
$TQQQ STO 9/18 35 put at 1.50 Thank you @jsd501
#coveredcalls
$RAD STO 6/5 14 calls at .28

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

TQQQ Put Rolled

#shortputs
$TQQQ BTC 5/22 50 put and STO 6/19 60 put at 1.77 added credit. The BTC was for.01. Thank you @jsd501 for the original impetus. I enjoy being impetized.

Closing TQQQ

Bought to close:
$TQQQ 6/12 55 put @ .78 (sold for 2.20 on 5/13)
$TQQQ 6/19 55 put @ 1.12 (sold for 2.85 on 5/13)
Thanks @jsd501 for the trade idea

Expiration

#optionsexpiration
$SPX 2760/2780-2950/2970 1 DTE Thank you @Jeff
$PFE 39 call
$TWTR 31.5 call
$TQQQ 50 put Thank you @jsd501
$SPY 270 put Thank you @fuzzballl

Have a nice Mother’s Day.

MRVL TQQQ Roll / SLB Closed / T TQQQ Puts

#coveredcalls
$MRVL BTC 4/24 24 call and STO 5/8 26 call at .67 debit
$TQQQ BTC 5/1 57 call and STO 5/15 60 call at .30 debit

#shortputs
$SLB BTC 4/17 13 put at .20. STO 3/27 at 1.30
$T STO 5/15 28 put at .75
$TQQQ STO 6/19 35 put at 2.35 Thank you @jsd501

EXAS Put closed / ROKU BUPS Closed and Opened / NUGT Put / AAPL BUPS / ROKU Call

#shortputs
$EXAS BTC 3/20 82.50 put at .40. STO at 3.60 on 1/14. Thank you @jsd501
$NUGT STO 2/28 31 put at .40

#bups
$ROKU BTC 2/21 110/120 BUPS at .50. STO 1/15 at 2.85. Had GTC order at .50
$ROKU STO 3/20 110/120 BUPS at 2.41
$AAPL STO 3/20 300/310 BUPS at 1.80 Thank you @ramie77

#coveredcalls
$ROKU STO 2/21 135 call at 1.15

SWKS Strangle Closed

#earnings #shortstrangles
$SWKS BTC 2/21 110/145 strangle at .15. STO 1/23 for 1.67. Thank you @jsd501

LK Puts Rolled / TNDM Puts / NUGT Strangle / MCD DbCal

#shortputs
$LK BTC 1/31 44 puts and STO 2/21 40 puts at $2 debit but would cost me $4 less if assigned. Hoping the medical complex bests coronavirus soon. Or, someone discovers coffee inhibits the virus.
$TNDM STO 2/21 73.50 put at 2.25, Thank you @jsd501

#shortstrangles
$NUGT STO 2/21 31/36 at 2.78 The 36 call is covered

#doublecalendar #earnings
$MCD Closed three legs of trade guaranteeing .69 per contract profit. Remaining leg is the 2/7 long 212.50 put.
Thank you for the idea @jeffcp66 and for your cogent webinar on subject.

ROKU Calls / IIPR Puts

#coveredcalls
$ROKU STO 1/31 130 calls at 2.16

#shortputs
$IIPR STO 3/20 75 put at 1.80 Hope this is better late than never. Thanks @jsd501

GSX STNE Puts / LK Puts Rolled

#shortputs
$GSX STO 2/21 30 put at 2.70. Chinese education stock. Thesis is corona virus improves
$STNE STO 3/20 40 put at 1.95. Thank you @jsd501
$LK BTC 1/24 46 put and STO 1/31 44 put at even. Waiting out the virus

#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

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

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

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.

LK

BTC LK 21 FEB 20 24 PUT @.45….STO 1/6 @1.15

MU Earnings Closed / NUGT Puts Closed Finally / SPX Expired

#shortstrangles #earnings
$MU BTC 1/17 1/17 45/60 Strangle @ .20. STO at .83. Thank you @jsd501

#shortputs
$NUGT BTC 1/10/2020 32.5 pus at .88. STO at 2.68. This is a culmination of rolls since 10/18.
Ended up making less than 1 per contract. Or I earned .40 an hour for rolling. 😉

#spx1dte #Whew!
$SPX 3195/3215/3260/3280 expired. STO @ 1.75. Thank you @jeffcp66

LABU

#ShortPuts – Thanks @jsd501 !

Sold LABU Jan 31 2020 48.5 Put @ 2.34

Expirations

#optionsexpiration

Expiring worthless
$FB 190 put Thank you @jsd501
$TTD 230/240 BUPS
$TNA 57.5 put Thank you @fuzzballl
$PLAN 50 put
$ROKU 150 call
$OKTA 117 call
$MOMO 40 call
KSS 65 call

Offsetting my worthless were those costing more at expiration
$TSLA 340/380 BECS
$COST 295/305 BUCS (Wish I had mistakenly switched these two trades);-)
$ROKU 135/145 BUPS

$STNE assigned at 40. Basis 38.40. Stock at 38.01
$LSCC Called away at 40 as it closed at 40.01. (It happens)

Have a great weekend.

ROKU BUPS Closed / KSS Earnings Strangle Closed / FB BUCS W/Put Kicker Closed / PLAN CC Rolled

#bups
$ROKU BTC 12/20 120/130 BUPS at.35. STO 11/14 at 2.50.

#earnings
$KSS BTC the put side of the 12/20 50/65 strangle at .15. The call will expire. STO the strangle on 11/18 for 1.65.
Thanks to @jeffcp66 the “Data Provider” , @thomberg1201 the “Trade Provider” and patience. Did I mention luck?

#bucs #shortputs
$FB STC 12/20 200/210 BUCS at 3.66. BTO 11/18 at 3.21. Also sold 12/20 190 put to pay part of trade. It should expire.
Thank you @jsd501 for this well thought out transaction. Of course if I had shown more patience I would have picked up another $1 a mere 30 minutes after I closed the spread. Ah, timing!!

#coveredcalls
$PLAN BTC 12/20 55 call and STO 1/17/2020 57.50 covered call at added .83 credit. Stock at 53.07.

Somehow I feel a little guilty for typing put kicker – don’t know why.

SOXL

BTC December 20, 125 put at .45, sold on November 15 at 4.90 and wish I had sold more.

Closing UNH

Bought to close $UNH 12/20 230 put @ 2.69. Sold for 6.80 on 10/16. Thanks again @jsd501.

AAPL MSFT BUPS / STNE Put

#bups
$AAPL STO 10/18 210/215 BUPS at 1.40
$MSFT STO 10/18 130/135 BUPS at 1.40

#shortputs
$STNE STO 10/18 36 put at 1.75. Replaces 9/20 30 put I closed for 95% profit yesterday. Thank you @jsd501

SHOP put spread

Borrowing an idea from @jsd501
Sold $SHOP 10/18 325/315 bull put spread @ 2.41

SHOP

#ShortPuts – Thanks @jsd501 for the idea.

Sold SHOP SEP 27 2019 325.0 Put @ 4.40

SMM OMM

Anybody still members over there? Prices go up tonight. Took a 30 day free trial just to see what’s been going on. Doubt if I re-join but wanted to lock in the lower price just in case…

Closing HQY

And taking a loss. Should have paid better attention to the downward trending moving averages (you were right @jsd501 !)
Sold 8/16 65/70 bull call spread @ 1.25. Bought for 2.18 on 6/28.

Rolling NFLX Calls / Close Early OKTA

#coveredcalls
$NFLX BTC 4/26 382.5 calls and STO 5/3 385 calls for $2.00 added credit. Stock at 382.40

#bucs
$OKTA STC 5/17 75/90 BUCS at 13.50. BTO on 1/25 for 6.42. Thank you @jsd501 for your spot on analysis.

Closed Early SPX OKTA LULU / Rolled TNDM / Short Calls GOOS

#spxcampaign
BTC 4/12 2935/2019 BECS at 2.00 STO at 3.41 Thank you @jeffcp66
BTC 5/17 75 put at .80. STO 1/22 at 7.70. Thank you @jsd501 for following the chart and sharing.
$LULU BTC 4/18 170/175 BECS at .80. STO 3/28 at 2.18

#rolling
#shortputs
$TNDM BTC 4/12 68.50 and STO 4/18 68.50 put for additional .53 credit

#shortcalls
$GOOS STO 4/12 49 call at .60 (covered)

BA

#ShortPuts – Staying prior to next earnings. Look to roll into the high IV or sell covered call then if needed.

Sold BA APR 18 2019 325.0 Put @ 3.50

#fallingknife

TQQQ covered calls

Sold calls against stock that I was put from a short 55 put assignment in December.
Mar 15 54 calls @ 1.35.

Earnings $WYNN BUCS $OKTA

#earnings
$WYNN STO 2/1 116 puts at 3.90 Earnings 1/30

#bullcallspreads
$OKTA BTO 5/17 75/90 BUCS @6.40 Thank you @jsd501

SOXL

STO February 150 calls at 3.50, thanks to Jeff for the idea. Since I am short the 80 puts in May, his should work out.

T2108 update

Now at 13.34. Not yet single digits @jsd501 but an impressive pullback (near 8% at the lows) nonetheless.

For those unfamiliar with TC2000, this indicator is the % of stocks above their 40 day moving average.

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

MSFT top performing sector

Bot MSFT lophir as #2 holding in XLK, one of the top 3 sector ETFs based on last 3 months.
BOT Oct26 +1/-2/-1/+2 112/111/108/105 PUT/PUT/PUT/PUT @-1.15 x2. GTC order to close @ -.34

Another way to look at this trade is to buy 112 put x1, sell 111 put x2, sell 108 put x1, buy 105 put x2. In ToS, I create a custom trade one leg at a time and open all four legs as a single trade.

#lophir #TopPerformingSector

GOOGL Puts Closed Early

#shortputs
$GOOGL BTC 9/28 1140/1160 BUPS at .50 STO at 5.75 on 9/14 This was a roll of the 9/14 1160/1180 Net loss on transaction of 1.80 per contract. Might have kept rolling but half a bird in hand worth something. If I closed out original 9/14 trade per contract loss would have been 7.12. Thank you @jsd501 for your tutelage.

SPX Campaign / GOOGL Rolled / MU Calls

#spxcampaign
$SPX STO 9/28 2815/2840 BUPS at 1.80 Thank you @jeffcp66

#shortputs
Rolled
$GOOGL BTC 9/14 1160/1180 and STO 9/28 1140/1160 at .67 credit Thank you @jsd501 Will be an interesting two weeks. I have my Dramamine ready.
$TNDM STO 10/12 43 puts at 2.39 Like the stock, own some and I think the downdraft will be short lived

#longcalls
$MU BTO

#longcalls
$MU BTO 10/19 45 calls at 2.40 Credit Suisse Positive Comments

$NKE BTO 9/28 77.50/87.50 BUCS at 5.45 Stock going up. Earnings 9/25 AM Hope to remember to close before earnings.

Everyone have a safe and restful weekend. Prayers to those in harms way.

Back in fuzzy land

I’ve been eyeing the LABU chart as many of you trade it. Decided to dip my toe in with a fuzzy because I can more easily limit my risk.
BTO LABU Jul20 110c/110p/107p (1,-1,1) @ 6.20. Sold Jun29 115c @ 2.15.
#fuzzy

Expirations / Rolled SQ Puts / Closed A Puts Early

#optionsexpiration
Full Profit

$SPX 2515/2540 BUPS Thank you @jeffcp66
$NFLX 300/310 BUPS Closed half the trade on 5/14 Let this tranche expire. Goodness I was prudent!
$TSLA 240/250 BUPS
$URI 150/160 BUPS
$AMZN 1310/1360 Thank you @jsd501
$BA 300/310 BUPS
$SPX 2605/2630 Jeff
$RF 21 calls (Covered)
$NWL 28 call (Covered)
$CBOE 106 call (Covered) Called away. Kept it too long Basis 108.80
$A 75 call Earnings Trade Thank you @jeffcp66
$WYNN 172.5 put Call side of strangle closed earlier Thank you @fuzzballl
$MTCH 36 put
$MU 49 put

Todays Activity

#shortputs
Rolled
$SQ 5/18 BTC 51 put and STO 6/15 50 put for extra .80. Rolls have taken in nearly 9.00 per contract
Closed Early
$A BTC 5/18 65 puts at .50 STO as earnings strangle for .39 Strangle was profitable in total. Thank you @jeffcp66

I was out all day. Everyone have a pleasant weekend.

#Fuzzy Would like to get…

#Fuzzy
Would like to get a few ideas for #FuzzyRepairs How do you handle them when under water. Still have a couple from Mid Feb reversal that I am adjusting but most are at a bigger loss than I would like.

Thoughts on leveraged tickers.

Benefits:
The premiums are huge, easier to roll than some of my #pietrade names
Because it is an ETF like @jsd501 mentioned one company going bankrupt or merging is not going to destroy the ETF it will still be there.
Most are fairly liquid.
Can take a directional bet if you are into that kind of trading 🙂
Can use them to move into and out of sectors

Risks:
Leverage cuts both ways
Looking at how most are structured do not think we will have an XIV/SVXY occurrence but several have had reverse splits. Need to pay attention to potential reverse splits.
A rapid move may take some time to recover.
Some move a lot more than others, TQQQ for example moves more than TNA.
Margin requirements are stricter. TOS requires full cash value when calculating margin. Don’t know if it is different for portfolio margin.

So far the moves have been more manageable with these than some of my #pietrades. I would not load the boat on them, but see this as a viable option to single tickers to get better premiums and easy rolling.

Thoughts, others seeing something with risk that I may have missed? Anyone found any others I have missed?

Currently using ERX, FAS, TNA, TQQQ, UPRO, UDOW, LABU (many reverse splits), BIB (no weeklies 😦 ), UYG same, UCO, UBIO no weekly, SOXL no weekly.

Anybody found others wiht decent option volume?

Back To Risky Business

$TSLA STO 4/27 300/290 BECS at 2.10

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