TDOC Put Closed / NVDA Call

#shortputs
BTC 1/15 175 put at .10. STO at $2. Thanks @fuzzballland @thomberg1201

#coveredcalls
$NVDA STO 1/15 570 call at 5.93

MPC BABA PYPL Puts Closed

#shortputs

$MPC BTC 12/18 32.5 put at .10. STO .95
$BABA BTC 12/11 250 put at 1.40. STO 3.30 Thank you @fuzzballl aka LAZR MAN.
$PYPL BTC 12/18 170 put at .20. STO 1.65 Thank you @thomberg1201

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

WMT TQQQ Put Closed / Expirations

#shortputs
$WMT BTC 6/19 116 put at .50. STO at 1.03 on 5/18 Thank you @thomberg1201
$TQQQ BTC 6/12 55put at .05. STO at 2.30 on 5/13 Thank you @fuzzballl

#optionsexpiration
$ROKU 114 call
$ROKU 113 call
$RAD 14 call
$NUGT 72 call
$VXX 32.5 call Sold against August @jeff 85 call. Thank you @optioniceman
$TQQQ 60 put Thank you @fuzzballl
$SPY 260 put Thank you @fuzzballl
$AMD 50 put
$SQ 89 put

#assigned
$UVXY 32.5 put. Better sell those shares first thing Monday
#Crushed
Never leave home with an expiring trade
$SPX 6/5 3160/3180 BECS. I had a conditional order placed using Schwab platform. If $SPX bid is 3150 than close at market. Did not fire. Schwab says $SPX has no bid and my order could not work. I said it was their platform
that allowed the trade. They said I would not win in arbitration. Live and learn, I hope.

RCL Call Closed / SPY Put / CCL Put Closed

#shortcalls
$RCL BTC 5/1 40 call at .65. STO 4/9 at 8.42

#shortputs
$SPY STO 4/29 267 put at 1.99
$CCL BTC 4/24 11.50 put at .05 STO 4/22 at .40 Thank you @thomberg1201

EWZ XOP

#ShortPuts – Booking XOP and re-deploying into a starter position in EWZ. Thanks @Ramie and @thomberg1201 !

Bought to Close XOP APR 17 2020 35.5 Puts @ .32 (sold for .88)

Sold EWZ MAY 15 2020 23.0 Put @ 1.08
Sold EWZ MAY 15 2020 24.0 Put @ 1.40
Sold EWZ MAY 15 2020 25.0 Put @ 1.78

EDIT:

Adding same strikes in June. Hoping to add to all of these eventually.

Sold EWZ JUN 19 2020 23.0 Put @ 1.73
Sold EWZ JUN 19 2020 24.0 Put @ 2.09
Sold EWZ JUN 19 2020 25.0 Put @ 2.53

JPM

#BullPutSpreads #Earnings – Will take the stock if I have to but spreading it for now until I can get a little more out of my GILD, T, XBI, and XOP positions in same account.

Thanks @Iceman and @thomberg1201 for the earnings reminder.

Sold JPM APR 17 2020 92.5/80.0 Bull Put Spreads @ 1.16

SPLK Earnings

#ShortStrangles #Earnings – Thanks @thomberg1201 for the idea.

Sold SPLK MAR 13 2020 130.0/172.5 Strangle @ 3.00

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.

OXY

9/6…BTC OXY 20 SEP 19 45/46/42.5 #jadelizard @.76….STO 8/23 @1.21…Thanks @thomberg1201 for the idea

 

Expirations / Closed Earlies

#optionsexpiration
$FIVE 125/130 BUPS
$NVDA 140/145/175/190 IC STO at $1.57 Thank you @ramie77
$SPX 2845/2865/2970/2990 1DTE STO at 1.10 Thank you @jeffcp66
$BA 320/330 BUPS Thanks again @ramie77
$ISRG 480/500 BUCS Remaining position. BTO at $10.
$ADBE 272.50/277.50 BUCS / STO 267.50 put (Limping Lizard earnings trade) Thanks for all the education from the reptilians out there, especially @fuzzballl
$KNX 30 put
$SQ 65 put Thank you @thomberg1201
$CTL 10 put Thank you @ramie77
$ARWR 18 put
$DHI 44 put
$CLX 145 put
$WK 60 call Covered
$ARWR 19 call Stock called away
$EVTC 30 call Stock called away
$PYX 22.5 call covered – wish it wasn’t

$AMZN 1980 $GOOGL 1190 $NFLX 370 All long calls. All capital gone. When will I ever learn. Do not BUY calls
$FL 50/55 BUPS Total Loss STO at $2.20

#spxcampaign
Closed Early $SPX 6/26 2960/2985 BECS at 7.50. STO at 1.50

Everyone have a delightful weekend. Thanks for all the help you share. May we all have a sumptuous summer.
(A little alliteration) @jeffcp66 Thank you for founding this site for a foundling like me. I love beer on Friday’s. 😉

Eaely Closings BABA EHTH

#earnings
$BABA BTC 6/21 200/145 strangle at .60 STO at 1.80. Thank you @thomberg1201

#bucs
$EHTH STC 6/21 60/70 BUCS at 8.50 BTO at 4.50 on 5/24

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

Expired SPX / Roll SQ BUPS / Closed NVDA Strangle

#optionsexpiration
$SPX 2740/2760/2830/2810 IC 1 DTE Thank you @jeffcp66
$NFLX 370 calls (covered)

#rolling
$SQ BTC 4/18 60/70 BUPS and STO 4/18 65/75 BUPS for added a.12 credit. Thank you @ramie77

#earnings
$NVDA BTC 3/15 120/185 straddle @ .20 STO 2/14 for 1.74 Thank you @thomberg1201

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.

Expiration $SPX 1 DTE / Closed Early COST UA

#optionsexpiration
$SPX 2690/2710/2795/2775 STO at .80

#closing
$COST 2/15 207.5/212.50 BUPS at 1.00 STO at 2.20 54% of max. I am treading lightly. Erring on the side of keeping my money.
$UAL BTC 2/15 90 call at .20 STO on 1/15 as part of earnings strangle at .61. The put side which brought in .49 will, I expect, expire Friday. STO at .49. Thank you @thomberg1201 for the trade and @jeffcp66 for supporting data.

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.

#earnings GS #ironfly kindof I…

#earnings GS #ironfly kindof
I was looking at an #ironbutterly for GS and saw this trade at TastyTrade (Mike Butler).

Sold Feb. 15, 155/175/180/200 for 8.53, GA is at 178.

TEVA earnings analysis

#Earnings
At @thomberg1201‘s request:

$TEVA reports in the morning. Below are details on earnings 1-day moves over the last 12 quarters.

Aug. 2, 2018 BO -9.46%
May 3, 2018 BO -4.40%
Feb. 8, 2018 BO -10.59%
Nov. 2, 2017 BO -19.90%
Aug. 3, 2017 BO -24.00% Biggest DOWN
May 11, 2017 BO 2.04%
Feb. 13, 2017 BO 5.62% Biggest UP
Nov. 15, 2016 BO -8.35%
Aug. 4, 2016 BO 3.50%
May 9, 2016 BO 5.05%
Feb. 11, 2016 BO -4.97%
Oct. 29, 2015 BO -3.38%

Avg + or – 8.44%
Bias -5.74%, strong negative bias on earnings.

With stock at 20.15, the data suggests these ranges.
Based on current IV (expected move per TOS): 18.11 to 22.19
Based on AVERAGE move over last 12 quarters: 18.45 to 21.85
Based on MAXIMUM move over last 12 Q’s (24%): 15.31 to 24.99

Open for requests on other symbols.

#shortstraddle

FEYE earnings analysis

by request of @thomberg1201
#Earnings $FEYE reports tonight after the bell. Below are details on earnings 1-day moves over the last 12 quarters.

Aug. 1, 2018 AC -1.91%
May 2, 2018 AC -9.70%
Feb. 8, 2018 AC 9.34%
Nov. 1, 2017 AC -10.32%
Aug. 1, 2017 AC 0.74%
May 2, 2017 AC 12.85% Biggest UP
Feb. 2, 2017 AC -15.72%
Nov. 3, 2016 AC 12.07%
Aug. 4, 2016 AC -12.05%
May 5, 2016 AC -19.02%
Feb. 11, 2016 AC -3.30%
Nov. 4, 2015 AC -22.87% Biggest DOWN

Avg + or – 10.82%
Bias -4.99%, negative bias on earnings.

With stock at 16.20, the data suggests these ranges.
Based on current IV (expected move per TOS): 14.12 to 18.28
Based on AVERAGE move over last 12 quarters: 14.45 to 17.95
Based on MAXIMUM move over last 12 Q’s (22.9%): 12.50 to 19.90

Open for requests on other symbols.

Bonus day off, not getting…

Bonus day off, not getting hammered by the storm so time to trade then go bike or kite, might be too windy today 🙂

Still waiting on theta decay, next week a big expiration, this one mostly rolling and a few new trades.

#pietrades
TQQQ lot 1 rolled 64 cc rolled out 2 weeks for 0.8 credit. Cost basis now 63.20
TQQQ lot 2 rolled 65.5 cc out 2 weeks for 1.3 credit. Cb now 63.15
LNG lot 1 66.5cc rolled out a week to 66 for 0.73 credit. Cb 64.67
LNG lot 2 66.5 cc rolled out a week to 66 for 0.93 credit. Cb 64.72

#fuzzy new and adjustments/rolls
New XBI 80/97 2020 Leap and 14 DTE on the 97 for cost of 19.56
LNG 50/66.5 2020 LEAP and 14 DTE on the 66.5 for 19.25

Rolls
XBI 87/95 and 95/95 2019 LEAPs rolled out to 21 DTE for 0.75 credits. Cost basis now 5.68 on the 87 and 2.2 on the 95. Getting close to a free trade on these.

Hope everyone in the path of the storm is safe and dry!

I now have about 4-6 weeks on the #fuzzy in the small accounts and have to say anything below 10k this is the way to go, even better than #pietrades. Over that you can do about the same with #fuzzy or #pietrades.

Going forward I will still be experimenting with the 45 DTE open 21 DTE close pie ladders (new hashtag maybe if it works) and will report as they roll/unwind. The TT segment that @thomberg1201 posted the other day added more evidence that may be the best way to income trade.

Hope everyone has a good weekend 🙂

Account Thinning Out Thanks WTW / Closed Early TRTN Short Puts AAXN Calls

#earnings
$WTW trades both under water. Is that like water boarding?

#shortputs
$TRTN BTC 8/17 35 put at .30. STO at 3.70 on 7/18. Thanks to @thomberg1201 for bringing the stock to the bistro

#shortcalls
$AAXN BTC 8/17 80 call @.70 Sold for 2.25 Half position. The covered became uncovered as a trailing stop got hit.

Short Puts TNDM / Short Calls TRTN

#shortputs
$TNDM STO 8/17 30 puts at 3.oo
$TNDM STO 8/17 28 puts at 2.65

#shortcalls
$TRTN STO 8/17 35 calls at 1.60 Continuation of an @thomberg1201 trade. Thank you.

Short Calls FSLR / Short Puts ALRM EXAS / Closed Early TRTN Calls

#shortcalls
$FSLR STO 7/27 55 calls at 1.35 (covered)

#shortcalls
$TRTN BTC 10/19 40 calls at .20 STO 3/22 at 2.01 Thank you @thomberg1201

#shortputs
$ALRM STO 8/17 40 put at .70
$EXAS STO 7/27 68 put at 2.20

More pre earnings

Bot EA Jul27 152.5c @ 2.41. First layer 1 lot on today’s pullback
Bot ABT Jul18 64c @ .33. Starter position 5 lots
#earningsrunup

TRTN TNDM BA Puts / SPLK Roll / IQ Calls SPX Campaign

#shortputs
$TRTN STO 7/20 35 puts at 2.10 Replacing the June expired puts. You go @thomberg1201
$TNDM STO 7/20 17.50 puts at 1.40
$BA STO 7/20 325/335 BUPS at 1.40 Thank you @ramie77
#Shortcalls
$SPLK BTC 8/17 120 calls and STO 8/17 125 calls for 1.50 debit but could gain $5 if called. Rolled several times. Basis at 105.90. Stock at 116.74
#longcalls
$IQ STO 40/45 BUCS at 2.10 Thank you @ramie77
#spxcampaign
$SPX STO 7/20 2600/2625 BUPS at 1.60 Thank you @jeffcp66

Short Puts TRTN

#shortputs
$TRTN STO 6/15 35 puts at .90 Add on to @thomberg1201 10/19 40 covered call position.

Forgot One Expiration ANET Short Put

#optionsexpiration
$ANET 230/240 BUPS Thank you @thomberg1201

Short Puts ANET / SPX Campaign / Roll MZOR / Closed NFLX

#shortputs
$ANET STO 5/18 230/240 BUPS at .75 Thank you @thomberg1201

#spxcampaign
$SPX STO 6/15 2835/2810 BECS at 1.65 Thank you @jeffcp66

#rolling
$LABU BTC 5/18 83 call and STO 6/1 88.5 call at 1.00 debit (gained potential 5.5 points if called. Current price 91.90)
$MZOR BTC 5/18 70 put and STO 6/15 70 put at .70 added credit Now if the stock could start rolling upwards. Good thing that all these rolls are keeping me from gathering moss. (Sorry)

Closed Early
$NFLX STC 5/18 300/320 BUCS at 19.50 BTO on 4/9 at 8.40 But I did bite my nails on occasion.

Closed Early FB SPX CAT / NFLX Earnings / SPX Campaign

Closed early
$FB BTC 4/20 140/150 BUPS at .05 STO at 1.90 on 3/27
$SPX BTC 4/20 2480 Put at .40 STO at 12.50 Thanks again @hcgdavis Last contract
$CAT BTC 4/20 125/135 BUPS at .05 STO at 1.45

#earnings
$NFLX STO 4/20 275/280/340/335 IC at 2.00
$NFLX STO 4/20 260/270 BUPS at 1.12 Thank you @thomberg1201

#spxcampaign
$SPX STO 5/18 2835/2810 BECS at 1.55 Thank you @jeffcp66

Closed Early / Rolled

Closed Early
$SPX 4/13 BTC Half position 2575/2600 at .50 STO at 1.70 One half to go (hope it does not go the wrong way).
$AAPL BTC 4/20 150/160 BUPS at .10 STO at 1.15
$AMZN BTC 4/20 1180/1190 BUPS at .05 STO at .81 Thank you @thomberg1201
$SPX BTC 4/20 2480 put at 1.90 STO at 12.50 One contract left. Thanks again @hcgdavis
$FB BTC 4/20 140/150 BUPS at .20 STO at .85

Rolled
$FB BTC 4/13 165 call and STO 4/20 165 call for added 2.60 credit against 1/2019 175 call. I think this is a fuzzy but I am still a bit hazy. Is that a double bewilderment? Thank you @fuzzballl

Closed Early / SPX Campaign

Closed Early
$MTN 4/20 BTC 210 Put at .30 STO 12/4 at 6.90 Thank you @jdietz1954
$SPX 4/20 BTC 2480 put at 6.00 STO at 12.50 2/3 of trade still open. Thank you @hcgdavis
$FXI BTC 4/20 51 call at .08 STO at .60 Thank you @thomberg1201

#spxcampaign
Following @jdietz1954
$SPX STO 4/13 2720/2710 BECS at 1.40 Thank you

#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

Expiration /Rolled LABU CC / AMZN IC / Close Early BIDU BECS / FB BUPS

#optionsexpiration
$SPX 2500/2525 BUPS Thank you @jeffcp66

#shortcalls
$LABU BTC 3/29 90 calls STO 4/13 87 calls for 2.14 credit
#ironcondor
$AMZN STO 1180/1190/1610/1600 IC for 1.95 Thank you @thomberg1201
#shortputs
$FB STO 4/20 135/145 BUPS at 1.85

Closed Early
$BIDU 4/20 290/280 BECS at .15 STO at 2.05

$EXAS for this week

Sold $EXAS Jan 12 49 puts @ .80 with the stock at 50.99. Thanks for the idea @thomberg1201.

STZ earnings

#Earnings Bullish trend, stellar earnings performance.

Sold $STZ Jan 19th 220 put for 2.20. Will add another.

One day moves: Biggest UP move: 6.4%, Biggest DOWN move: -7.1%, Average move: 3.8%. +2.6% upside bias. This trade is -3.9% OTM.

Over last 12 reports, -7.1% was its only move down the day after, and that improved to only -2.7% thirteen days later (which is roughly expiration).

SPX Campaign / Short Puts / Short Calls / Expired / Closed Early

#spxcampaign
$SPX STO 11/20 2545/2565 BUPS @ 3.10
$SPX STO 12/8 2485/2510 BUPS @ 2.65 Thank you @jeffcp66 IC
$SPX STO 12/8 2675/2650 BECS @ .55
$SPX STO 11/24 2505/2525 BUPS @ 1.25

#shortputs
$NVDA STO 12/15 170/185 BUPS @ 2.35
$ADBE STO 12/15 167.50/177.50 BUPS @ 1.45 Thank you @thomberg1201
$AMZN STO 11/17 1085/1095 BUPS @ 1.25
$OSTK STO 12/15 30/40 BUPS @ 1.82 (Bridget at OMM)

#shortcalls
$BABA STO 12/15 195/190 BECS @ 1.50

Expired Full Profit
$SPX 11/8 2515/2540 Thank you birthday guru

Closed Early
$CAT BTC 11/17 145/140 BECS @ 58% profit

CMG earnings

#Earnings I was looking for a trade on this and then @thomberg1201‘s post popped up to inspire me.

Sold $CMG Oct 27th 290/300/350/360 #IronCondor for 2.40. Biggest UP move: 7.8%, Biggest DOWN move: -9.3%, Average move: 5.7%. My short strikes are -7.6% and +7.9% OTM.

CRM covered call idea

Looking at CRM for ITM covered call for May 26. Earnings on May 18.
Buy-write the May 26 85 covered call for 83.97 debit.
If it tanks on earnings, I’ve got the stock at the 50 day ma. If called away next week, I’ve got about 1.00 profit. Not high dollar return, but would get me some lunch money or the stock at a decent price.
Thoughts?

#earnings REGN should have waited…

#earnings REGN should have waited 1 more day

Potpourri

#closed early

$SPX BTC 4/19 2280/2305 BUPS @ 93% profit Thank you @jeffcp66
$AMZN BTC 4/21 865/875 BUPS @ 92% profit (closed part of position – semi prudent)
$AMZN BTC 4/21 960/950 BECS @ 93% profit
$NFLX BTC 4/21 130/140 BUPS @ 89% profit

#spxcampaign

$SPX STO 5/1 2415/2390 BECS @ 1.65 Thank you @jeffcp66
$SPX STO 5/19 2165/2190 BUPS @ 1.50 Thank you @jeffcp66

#earnings

$IBM STO 4/21 170/172.5/175/172.5 Iron Butterfly @ 2.05 Thank you @thomberg1201
$RENN STO 4/21 8/9 BUPS @ .95 Thank you @fuzzballl

#longcalls

$GOOGL BTO 5/19 850 calls @ 22.30

Early Closes SPX Campaign VXX Game

#Early Close
$SPX BTC 4/17 2415/2390 BECS @ 93% profit Thank you @jeffcp66
$SPX BTC 4/21 2445/2420 BECS @ 95% profit Thank you @jeffcp66
$ABX BTC 4/21 16/20 BUPS @ 71%
$REGN BTC 4/21 425/420 BECS @ 93% profit Thank you @thomberg1201

#spxcampaign
STO 4/28 2405/2380 BECS @ 3.60 Thank you @jeffcp66

#vxxgame
$SVXY STO 5/5 90 put @ 1.50
$SVXY STO 5/12 65 put @ 1.50 Thank you @optioniceman
$SVXY STO 4/28 115 put @ 1.50
$UVXY STO 5/5 40 call @ .75

Been gone all week with grandkids in Washington DC. Catching up.
Thanks to everyone.
Have a peaceful Easter weekend.

#spxcampaign Going With Jeff $SPXY…

#spxcampaign
Going With Jeff
$SPXY 12/7/2016 2265/2240 BECS @ 1.75
$SPXY 12/7/2016 2150/2175 BUPS @ 2.85

Half Of @thomberg1201 tasty trade
$SPX 1/20/2017 2080/2100 BUPS @ 2.30

FB trades

#Earnings #ShortStock #CoveredPuts #ironbutterfly
I am still short some stock so I’ve sold several puts today and over the past week… Nov 4th, every strike from 120 to 126.

I also STO FB 120/130/140 iron butterfly for 6.15, at @thomberg1201‘s suggestion.

Earnings candidates

#Earnings
$AAP – iron butterfly or tight condor
$HAIN – see @thomberg1201 post below
$HD – not a big mover but trend is up

MSFT earnings – I’m buying???

#Earnings Inspired by @thomberg1201‘s trade on NFLX yesterday, trying a long options play on MSFT. It used to be dead money but has perked up over last few years with some decent moves. Over last 12 quarters, Biggest UP move: 10.5%, Biggest DOWN move: -11.4%, Average move: 5.7%. So, taking a cheap shot to collect tomorrow AM:

Bought to open 51/56 strangles for .62. Requires a 4.7% move of 2.50 to hit either strike, which is below the average move above. I don’t remember last time I bought options on earnings, but this one seemed like a reasonable chance. I will look to sell half or all of the profitable side on the morning bell.

SPX Rolled 2040/2025 to next…

SPX Rolled 2040/2025 to next week for a credit of 90.

$UVXY closed a June 17…

$NFLX closed a June 17 85/75 BuPS for .53, sold for 1.55 on April 19 after the earnings dump. This wasn’t looking very good just a few days ago so I cashed out.
$UVXY sold a June 17, 14.50 covered call for 1.36. Cost basis is 12.11.

NUGT call spreads…question

Currently short June 50/70 bear call spreads. Sitting here looking at the long 70’s and seeing a bunch of 10 bagger gains….(of course the 50’s are bigger losers). Running the analyze tab on TOS the account could easily handle NUGT at 100 with all of the short calls naked so with that in mind…

Should I:

1. Do nothing
2. Book half the long 70’s
3. Book all the long 70’s
4. Book the longs and roll the short 50’s out and up
5. Some combo of all of the above

What would you guys (gals) do?

EDIT…could roll the short 50’s to Sep 60 or Jan 80 for even.

#contangoetfs