#earningsT.O.S. still not working
As of this morning, 19 Aug, TOS is still screwed up. Not getting filled on trades that normally would fill. And, the one trade that did fill, did not and does not display as a filled order on the Activity and Positions page.
Is anyone using another trading platform?
If this keeps up I may switch.
SDC stock dropped following the recent earnings call. SDC covered calls have generated significant profits in my Schwab accounts. The drop in price created an opportunity to establish new covered calls in IB account. SDC has an interesting business model (changing the paradigm in the orthodontics). Two members of our family have had positive experiences with using the system.
The covered call positions were established with the purchase of 1,000 shares on the 8/17 and another 1,000 shares on 8/18. On 8/17 we sold 10 Aug 21 $7.50 calls followed by selling 10 Aug 21 $8 calls.
#shortputs
$TQQQ BTC 9/18 45 put at .15. STO at 3.60. Thank you @jsd501
BTC December 50 puts at 2.00, sold at 3.50, still short 35, 40, and 45 strikes.
#SPX1dte Sold to Open $SPX Aug 19th 3315/3335-3425/3445 condors for .90, IV 12.12%, SPX 3390, deltas: -.06,+.07
#closing #shortputs DKNG
Bought Sept. 18, 30 put for .75, sold Aug. 14 for 1.75.
#SPX7dte Bought to Open $SPX Aug 24th 3365/3385-3395/3415 condors for 15.05, with SPX at 3391. These are getting riskier with lowering VIX and consolidation, but they are also getting cheaper.
#ShortPuts #Earnings – Selling a day early and fairly aggressively. Solidly in the #TakeOneForTheTeam category. LOL
Sold NVDA AUG 21 2020 455.0 Put @ 4.10
#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)
#ShortPuts – Closed some earlier now adding some new starters…
Sold LABU SEP 11 2020 45.0 Puts @ 1.80
Sold LABU SEP 18 2020 45.0 Put @ 2.30
Sold LABU SEP 18 2020 40.0 Put @ 1.30
#BullPutSpreads – Just messing around with this one…
Bought to Close PLUG SEP 18 2020 12.0/10.0 Bull Put Spreads @ .70 (sold for 1.30)
BTO WKHS STOCK @16.51
STO WKHS 8/21/20 17.0 CALLS @.55
STO OSTK 8/21/20 120.0 CALL @5.20
IV increasing a bit here (current IV rank around 41). Sold $AMZN Sep 18 2980/3000//3600/3620 iron condor @ 6.79. About 1/3 the width of the strikes. Stock almost centered between the short strikes trading 3295-3300 which are +/- 300 points, puts and calls at 18 and 23 delta. Will look to close for 50% of the profit.
Reducing risk, BTC December 60 puts at 3.20, sold at 5.60
BTC December 75 puts at 5.75, sold at 7.40
I want to reduce my exposure and reduce my risk.
WDC
#Shortputs trying to mitigate my bad earnings trade when I sold 40 puts by first rolling them out to September and at the same time selling some calls for a straddle in the struggle. I flatly overlooked my loss limit per trade, terrible.
#ShortPuts – Looking a little weak so booking these now.
Bought to Close MRNA AUG 21 2020 60.0 Puts @ .20 (sold for .96)
In my IRA, STO 1250/1300-1700/1750 iron condor at 6.20 for October 2, expiration.
Bought to close 8/28 175 put @ .62. Sold for 3.30 on 8/5. Thanks @fuzzballl.
In my IRA, BTC September 18,350/400-600/650 Iron condor at 1.50, sold at 3.35, following the TT method.
#ShortPuts – Taking it a little early…
Bought to Close TQQQ AUG 28 2020 100.0 Put @ .45 (sold for 2.90)
Bought to close KSS Aug 21 2020 24.50 Diagonal Calls @ $0.01.
They won’t trade any lower.
Interestingly the Aug 25 calls have not traded there yet
#ShortPuts – Book ’em. NVDA was supposed to be for earnings but have to take the winner with a two day move like this.
Bought to Close LABU AUG 21 2020 45.0 Puts @ .08 (sold for 1.80)
Bought to Close MSFT AUG 21 2020 195.0 Put @ .10 (sold for 2.60)
Bought to Close NVDA SEP 18 2020 380.0 Put @ 1.70 (sold for 4.10)
#closing KSS
Bought 20/27.50 strangle for 1.57, sold yesterday for 1.73
#Earnings Sold to close $WMT 21Aug/28Aug 135 #DoubeCalendars for 1.612. Bought yesterday for .942.
Sold to close $KSS Aug 21`st 124 puts for 3.50. Bought yesterday for 1.70.
Excellent open for both trades.
#IronCondors – TOS was pretty much useless all day yesterday but did get one fill. With the stock price sitting perfectly centered I went ahead and sold the long sides to keep some extra premium. Still holding short sides.
Sold AMZN AUG 21 2020 2650.0 Put @ .47
Sold AMZN AUG 21 2020 3750.0 Call @ .45
ON my September 18, 700/2900 strangle, I rolled the 700 put up to 1500 for a credit of 36.00
#Earnings $WMT reports tomorrow morning. Below are details on earnings one-day moves over the last 12 quarters.
May 19, 2020 BO -2.12%
Feb. 18, 2020 BO +1.47%
Nov. 14, 2019 BO -0.27%
Aug. 15, 2019 BO +6.11%
May 16, 2019 BO +1.43%
Feb. 19, 2019 BO +2.21%
Nov. 15, 2018 BO -1.96%
Aug. 16, 2018 BO +9.33%
May 17, 2018 BO -1.90%
Feb. 20, 2018 BO -10.17% Biggest DOWN
Nov. 16, 2017 BO +10.89% Biggest UP
Aug. 17, 2017 BO -1.58%
Avg (+ or -) 4.12%
Bias 1.12%, positive bias on earnings.
With stock at 135.00 the data suggests these ranges:
Based on current IV (expected move into Friday per TOS): CANNOT ACCESS
Based on AVERAGE one-day move over last 12 quarters: 129.44 to 140.56
Based on MAXIMUM one-day move over last 12 Q’s (+10.9%): 120.30 to 149.70
Based on DOWN max only (-10.2%): 121.27
Open to requests for other symbols.
#Earnings Order in to Buy to Open $KSS Aug 21st 24 puts for 1.50, with stock at 23.80. Breakeven at 22.50, which is -5.5% OTM. Strongly negative history, and also Covid. It’s possible negative already baked in and we could see a pop higher, but I’ll also have until Friday for that to fade.
Not filled yet… will raise my bid if necessary before the close.
#coveredcalls
$SQ BTC 8/21 142 calls and STO 8/28 145 calls at .75 debit. Basis now 88.40
$NUGT BTC 8/21 94 calls and STO 8/28 101 calls at 2.30 debit. Basis now 116.10
#shortputs
$TQQQ BTC 8/21 90 put at .10. Thank you @fuzzballl
I have not yet replaced the dozen or so strike 25 short Puts I had that expired Friday, leaving a bunch of 2021 fully paid for long positions.
Tiptoeing back in with new diagonals:
Bought to open VXX Jun 18 2021 9.0 Puts / Sold VXX Aug 21 2020 24.5 Puts @ 0.12 Credit.
It would be nice if we got just a tiny market pullback this week.
#Earnings $KSS reports tomorrow morning. Below are details on earnings one-day moves over the last 12 quarters.
May 19, 2020 BO -7.65%
March 3, 2020 BO -2.62%
Nov. 19, 2019 BO -19.48% Biggest DOWN
Aug. 20, 2019 BO -6.88%
May 21, 2019 BO -12.33%
March 5, 2019 BO +7.31% Biggest UP
Nov. 20, 2018 BO -9.22%
Aug. 21, 2018 BO +1.71%
May 22, 2018 BO -7.42%
March 1, 2018 BO -5.05%
Nov. 9, 2017 BO +0.93%
Aug. 10, 2017 BO -5.79%
Avg (+ or -) 7.20%
Bias -5.54%, strong negative bias on earnings.
With stock at 23.20 the data suggests these ranges:
Based on current IV (expected move into Friday per TOS): CANNOT ACCESS
Based on AVERAGE one-day move over last 12 quarters: 21.53 to 24.87
Based on MAXIMUM one-day move over last 12 Q’s (-19.5%): 18.68 to 27.72
Based on UP max only (+7.3%): 24.90
NOTE: 5-day maximum DOWN is the same, while max UP is less, meaning 5-day performance is even more negative for KSS.
Open to requests for other symbols.
Ex-div tomorrow for 0.4675 for those wanting a dividend capture trade.
Stock is close to the low for the last week.
Dividend Yield 4.46%
#coveredcalls CNQ
Bought a Sept. 18, 21 covered call for 19.53, .32 dividend on Sept. 17, current price of 20.33
TOS still updating…
BTC September 18, 2650/2700-3700/3750 iron condor at 4.60, sold at 9.35, Using the TT Style of trading.
In my IRA, BTC August 21, 45 puts at .01, sold at .57
Also, BTC the 65 puts at .01, sold at .52
STO 1250/1300-1700/1750 iron condor at 6.25 for October 2 expiration.
#SPX7dteLong Bought to Open $SPX Aug 21st 3360/3380-3390/3410 condors for 15.20, with SPX at 3382. Lowest price I have paid in this strategy. But if we are going to consolidate near the 3400 level the exits will get tricky.
Anyone else having issues with TOS being slow or nonfunctional this morning?
Sold AAL 08/21/2020 14.0 Covered Call @ 0.28.
This replaces the 13.50 Call that expired Friday
Bought to open 1 VXX Nov 20 2020 60.00 Call @ 0.98.
Adding this to my stable of longs in November.
I don’t average down old positions. I lower the strike of new positions instead.
Next target is the Nov 55 Call at the same price.
Election chaos is coming …
BTC MDLZ Aug 14 $55.0 short straddle @ $1.20 (originally sold for $1.21)
STO MDLZ Aug 21 $56.0 short straddle @ $1.03
I’ve noticed that the bid/ask spread on the calls is outrageous and very difficult to get filled without giving up too much. If this continues I will shut down this particular set.
Cover is the Jan 2022 long $40 put / $65 call strangle.
BTC EWZ Aug 14 $31.5 straddle @ $0.58 (sold for $1.46)
STO EWZ Aug 21 $31.5 straddle @ $1.48
Cover is EWZ Jan 2022 long strangle $27 call / $37 put
#ShortPuts #JadeLizards #OptionsExpiration – Out all day but got a few fills…
BIDU: Wish I could’ve watched it closer…would have been a full winner but I’ll take it.
Bought to Close BIDU AUG 14 2020 116.0/120.0/122.0 Jade Lizards @ 1.26 (sold for 2.05)
NVDA: Replacing an expiring position. Earnings next week.
Sold NVDA SEP 18 2020 380.0 Put @ 4.10
Expired: NVDA 420.0 Put (sold for 2.90)
NTAP: Still chugging along. Earnings still two weeks out. Rolling covered calls.
Rolled NTAP AUG 14 2020 41.5 Calls to AUG 21 2020 42.0 Calls @ .35 credit
#Earnings
$BIDU and $AMAT iron condors sold yesterday both expired worthless.
#SPX1dte Sold to Open $SPX Aug 17th 3290/3310-3410/3430 condors for 1.00, IV 9.35%, SPX close: 3372, deltas: -.07,+.07. Exact same strikes and premium as today’s expiration. Filled 11 minutes after the bell.
Expiring: Aug 14th 3290/3310-3410/3430 condors, sold yesterday for 1.00
#SPX7dte Waiting until Monday morning to buy the Aug 21st spread
#optionsexpiration
$BIDU Earnings trades Thank you @fuzzballl and @jeffcp66
$AMAT Earnings trade Thank you @jeffcp66
$MRNA 75 call
$MRVL 37.5 call
#closing VIAC
On February 26, I sold a 24/25 put ratio spread in VIAC, expiring in April. In March, some strange world events caused VIAC do go down down down. Strangest thing, sports were cancelled.
One short 24 put was rolled to 25, then rolled 4 more times, closed today for .11 for an overall gain of $368.
STO THC 8/21/20 30.0 CALLS @.55
STO VIAC 8/21/20 28.0 NTM CALLS @.56 Will probably have to cover. Have the 26.0 & 27.0 puts open.
My timing sucked today 😦
Bought to close VXX 08/14/2020 26.0 Puts @ 0.59.
Sold VXX 08/21/2020 25.0 Puts @ 0.71.
VXX is at 25.48
Sold the 26 puts all during the last week at 0.92, 0.60, 0.67, 0.70 and 0.69
Sold $TQQQ 9/18 80 puts @ 1.45
Another one I was hoping would expire after it dropped to 22.56 this morning. I hate Friday explosions
Bought to close KSS 08/14/2020 23.0 Diagonal Calls / Sold VIAC 08/21/2020 25.0 Diagonal Calls @ 0.12 Credit.
KSS is at 23.87
I spent all of the last few days hoping this would expire. I hate Friday explosions
Bought to close VIAC 08/14/2020 28.0 Diagonal Calls / Sold VIAC 08/21/2020 30.0 Diagonal Calls @ 0.07 Credit.
VIAC is at 28.21
BTC August 21, 400/600 strangle at .40 cents, sold at 10.50
BTC august 2, TQQQ 45 puts at .01, sold at .57
CC BTO STOCK @21.04
CSIQ BTO STOCK @26.14
THC STO 8/21/20 28.0 PUTS @.55
#shortputs XOM DKNG #closing BIDU
XOM Sold Sept. 18, 40 put for .75
DKNG Sold Sept. 18, 30 put for 1.75
BIDU closed earnings trade for $25 loss
BTC August 21, 600 put at .05, sold at 2.30
BTC August 14, 75 puts at .01, sold at .75
BTC August 14, 80 puts at .01, sold at 1.20
#SPX1dte Sold to Open $SPX Aug 14th 3290/3310-3410/3430 condors for 1.00, IV 14.1%, SPX 3373, deltas, -.06, +.07
#SPX7dteLong Sold to close $SPX Aug 14th 3335/3315 put spreads for 1.35. Planning to close the call side today as well, but looking for a higher close.
Condors bought last Friday for 16.30. If we get a down open tomorrow this one will be flirting with the danger zone, so getting out today.
Sold VXX 08/21/2020 32.50 Calls @ 0.23 with the stock at 25.60
Will replace similar calls expiring tomorrow.
Written against Sept, Oct and Nov long calls.
#Earnings Same story here, looking for an average or less move, low risk. This one leans bullish because I set it when the stock was closer to 66.00. Only partial fill so far:
Sold to Open $AMAT Aug 14th 62/63-69/70 iron condors for .42
#Earnings #JadeLizards – Playing it to the downside with breakeven at 1.5x the expected move. Small window here to get max profit. A move to the downside at the expected move would be perfect. As usual no upside risk.
Sold BIDU AUG 14 2020 116.0/120.0/122.0 Jade Lizards @ 2.05
#Earnings. Sold to Open $BIDU Aug 14th 114/116-134/136 iron condors for .60. Looking for a move at the average or less.
#ShortPuts – Just in case we wake up in the morning and Vegas and Macau are both closing again. I’m such a positive person! 🙂 🙂
Bought to Close WYNN AUG 14 2020 71.5 Put @ .02 (sold for 1.05)
#CoveredCalls – Rolling…
Rolled SPCE AUG 14 2020 17.5 Calls to AUG 21 2020 18.0 Calls @ .11 credit
#ShortPuts – Taking this one too…
Bought to Close LABU AUG 14 2020 50.0 Puts @ .15 (sold for 1.50)
Bought to close KSS 08/14/2020 22.00 Covered Calls / Sold KSS 08/21/2020 22.50 Covered Calls @ 0.80 Credit plus another half point on the strike.
That’s a pretty big premium with the stock at 23.0.
Also Bought to close KSS 08/14/2020 22.50 Diagonal calls / Sold 08/21/2020 24.50 Diagonal Calls @ 0.27 Credit plus a big 2 point jump in the short strike.
#ShortPuts #CoveredCalls – Booking some and getting a jump start on covered call selling…
LABU: Probably safe but I’ll take ’em early.
Bought to Close LABU AUG 21 2020 40.0 Puts @ .20 (sold for 1.39)
UVXY: Letting stock get assigned at 21.45 basis since puts aren’t very rollable now. Covering aggressively in case volatility stays low. In an IRA so have to spread it for now.
Sold UVXY AUG 21 2020 19.0/39.0 Bear Call Spreads @ 2.07
#shortputs UAL
Sold Sept.18, 29 put for 1.00, stock at 36.
Options Bistro 