Jeff 9:29 am on Wednesday, July 22, 2020
Tags: Earnings ( 3,113 )

MSFT earnings analysis

#Earnings $MSFT reports tonight. Below are details on earnings one-day moves over the last 12 quarters.

April 29, 2020 AC +1.00%
Jan. 29, 2020 AC +2.82%
Oct. 23, 2019 AC +1.96%
July 18, 2019 AC +0.14%
April 24, 2019 AC +3.31%
Jan. 30, 2019 AC -1.83% Biggest DOWN
Oct. 24, 2018 AC +5.84%
July 19, 2018 AC +1.79%
April 26, 2018 AC +1.65%
Jan. 31, 2018 AC -0.78%
Oct. 26, 2017 AC +6.41% Biggest UP
July 20, 2017 AC -0.57%

Avg (+ or -) 2.34%
Bias 1.81%, positive bias on earnings.

With stock at 211.00 the data suggests these ranges:
Based on current IV (expected move into Friday per TOS): 201.16 to 220.84 (+/- 4.7%)
Based on AVERAGE one-day move over last 12 quarters: 206.06 to 215.94
Based on MAXIMUM one-day move over last 12 Q’s (6.4%): 197.47 to 224.53
Based on DOWN max only (-1.8%): 207.14

Open to requests for other symbols.

geewhiz112 8:30 am on Wednesday, July 22, 2020
Tags: CoveredCalls ( 2,203 )

PFE Calls

#coveredcalls
$PFE STO 7/24 38.50 calls at .27

geewhiz112 7:57 am on Wednesday, July 22, 2020
Tags: CoveredCalls ( 2,203 ), Earnings ( 3,113 ), ShortPuts ( 4,764 )

APT Calls / NUGT Calls Rolled / NFLX Put Closed

#coveredcalls
$APT STO 7/24 23 calls at .55
$NUGT BTC 8/21 90 calls and STO 8/21 95 calls for $3 debit. Stock at 98.12
$AAOI STO 7/24 14.50 calls at .40

#shortputs #earnings
$NFLX BTC 7/24 450 put at .40. STO at 4.94. Thank you @fuzzballl for trade and the caution.

fuzzballl 7:41 am on Wednesday, July 22, 2020
Tags: ShortPuts ( 4,764 )

TNA

#ShortPuts – After a few rolls finally got this one. Happily paying the dime here…

Bought to Close TNA JUL 24 2020 26.0 Puts @ .10 (sold for 3.10 total premium)

fuzzballl 7:36 am on Wednesday, July 22, 2020
Tags: Earnings ( 3,113 ), ShortPuts ( 4,764 )

TSLA Earnings

#ShortPuts #Earnings – In a different account…going out to the monthlies and down near where my covered call is sitting.

Sold TSLA AUG 21 2020 600.0 Put @ 2.27

fuzzballl 7:23 am on Wednesday, July 22, 2020
Tags: Earnings ( 3,113 ), JadeLizards ( 129 )

TSLA Earnings

#JadeLizards #Earnings – Doing this in a PM account so the margin hit isn’t horrible. Playing for a down move of 100 to 500 points. LOL. No upside risk. Need at least down 100 for a shot at decent profit. Anything less than that still makes 1.85.

Sold TSLA JUL 24 2020 1100.0/1500.0/1505.0 Jade Lizard @ 6.85

Jeff 7:00 am on Wednesday, July 22, 2020
Tags: Earnings ( 3,113 )

TSLA earnings analysis & trade

#Earnings $TSLA reports tonight. Below are details on earnings one-day moves over the last 12 quarters.

April 29, 2020 AC -2.32%
Jan. 29, 2020 AC +10.29%
Oct. 23, 2019 AC +17.66% Biggest UP
July 24, 2019 AC -13.61% Biggest DOWN
April 24, 2019 AC -4.26%
Jan. 30, 2019 AC -0.56%
Oct. 24, 2018 AC +9.13%
Aug. 1, 2018 AC +16.18%
May 2, 2018 AC -5.54%
Feb. 7, 2018 AC -8.62%
Nov. 1, 2017 AC -6.79%
Aug. 2, 2017 AC +6.50%

Avg (+ or -) 8.46%
Bias 1.51%, positive bias on earnings.

With stock at 1600.00 the data suggests these ranges:
Based on current IV (expected move into Friday per TOS): 1363.21 to 1836.79 (+/- 14.8%)
Based on AVERAGE one-day move over last 12 quarters: 1464.72 to 1735.28
Based on MAXIMUM one-day move over last 12 Q’s (17.7%): 1317.44 to 1882.56
Based on DOWN max only (-13.6%): 1382.24

Open to requests for other symbols.

Jeff 6:53 am on Wednesday, July 22, 2020
Tags: Earnings ( 3,113 )

CMG earnings analysis

#Earnings $CMG reports tonight. Below are details on earnings one-day moves over the last 12 quarters.

April 21, 2020 AC +12.14%
Feb. 4, 2020 AC -3.48%
Oct. 22, 2019 AC -5.15%
July 23, 2019 AC +5.18%
April 24, 2019 AC -4.46%
Feb. 6, 2019 AC +11.35%
Oct. 25, 2018 AC +3.42%
July 26, 2018 AC +5.71%
April 25, 2018 AC +24.44% Biggest UP
Feb. 6, 2018 AC -10.55%
Oct. 24, 2017 AC -14.58% Biggest DOWN
July 25, 2017 AC -2.30%

Avg (+ or -) 8.56%
Bias 1.81%, positive bias on earnings.

With stock at 1170.00 the data suggests these ranges:
Based on current IV (expected move into Friday per TOS): 1091.56 to 1248.44 (+/- 6.7%)
Based on AVERAGE one-day move over last 12 quarters: 1069.81 to 1270.19
Based on MAXIMUM one-day move over last 12 Q’s (24.4%): 884.05 to 1455.95
Based on DOWN max only (-14.6%): 999.41

Open to requests for other symbols.

geewhiz112 1:40 pm on Tuesday, July 21, 2020
Tags: ShortPuts ( 4,764 )

TQQQ Put Closed

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

Jeff 12:46 pm on Tuesday, July 21, 2020
Tags: SPX1dte ( 1,714 )

SPX 1-dte

#SPX1dte Sold to Open $SPX July 22nd 3165/3185-3310/3330 condors for 1.10, IV: 17.19%, SPX 3257, deltas: -.06, +.06

fuzzballl 12:24 pm on Tuesday, July 21, 2020
Tags: Earnings ( 3,113 ), ShortPuts ( 4,764 )

NFLX Earnings

#ShortPuts #Earnings – Just for safety in case this thing starts getting some more downward momo…

Bought to Close NFLX JUL 24 2020 450.0 Put @ .50 (sold for 5.25)

thomberg1201 12:02 pm on Tuesday, July 21, 2020
Tags: CoveredCalls ( 2,203 )

#coveredcalls CGC Bought 100 shares…

#coveredcalls CGC

Bought 100 shares @17.73, sold July 31, 18 call for .52. 17.21 debit

Jeff 10:25 am on Tuesday, July 21, 2020
Tags: Earnings ( 3,113 )

ISRG earnings analysis

#Earnings $ISRG reports tonight. Below are details on earnings one-day moves over the last 12 quarters.

April 16, 2020 AC +3.11%
Jan. 23, 2020 AC -4.19%
Oct. 17, 2019 AC +6.96%
July 18, 2019 AC -1.45%
April 18, 2019 AC -7.00% Biggest DOWN
Jan. 24, 2019 AC -3.93%
Oct. 18, 2018 AC -3.45%
July 19, 2018 AC -0.86%
April 17, 2018 AC +8.17% Biggest UP
Jan. 25, 2018 AC -2.12%
Oct. 19, 2017 AC +3.39%
July 20, 2017 AC -4.55%

Avg (+ or -) 4.10%
Bias -0.49%, negative bias on earnings.

With stock at 665.00 the data suggests these ranges:
Based on current IV (expected move into Friday per TOS): 627.36 to 702.64 (+/- 5.7%)
Based on AVERAGE one-day move over last 12 quarters: 637.75 to 692.25
Based on MAXIMUM one-day move over last 12 Q’s (8.2%): 610.67 to 719.33
Based on DOWN max only (-7.0%): 618.45

Open to requests for other symbols.

Option Iceman 10:17 am on Tuesday, July 21, 2020
Tags: DoubleDip ( 112 )

VXX

Sold VXX Jul 24 2020 33.5 Calls at $0.33 against long calls left over from earlier diagonals.
Replacing calls that expired Friday.
#DoubleDip
If this reaches the strike price, the markets will be falling pretty hard.

geewhiz112 9:40 am on Tuesday, July 21, 2020
Tags: ShortPuts ( 4,764 )

MRVL Put / SPY Put Closed

#shortputs
$MRVL STO 7/24 35.5 put at .30
$SPY BTC 8/21 250 put at .28. STO 6/24 at 3.03. Thank you @fuzzballl

jsd501 8:23 am on Tuesday, July 21, 2020

TQQQ

STO December 18, 40 put at 2.15

Option Iceman 8:07 am on Tuesday, July 21, 2020
Tags: Earnings ( 3,113 )

SLB

Sold SLB 07/24/2020 21.0 Diagonal Calls @ 0.16 with the stock at 19.60.
#Earnings this week.
I also have a large covered call position @ 20.50 strike

jsd501 7:52 am on Tuesday, July 21, 2020

TQQQ

STO December 18, 45 puts at 2.78

fuzzballl 7:07 am on Tuesday, July 21, 2020
Tags: ShortPuts ( 4,764 )

LABU

#ShortPuts – Selling below the 50ma and outside the expected move…

Sold LABU AUG 14 2020 50.0 Puts @ 1.50

fuzzballl 6:58 am on Tuesday, July 21, 2020
Tags: ShortPuts ( 4,764 ), TakeOneForTheTeam ( 53 )

TQQQ

#ShortPuts – This was a #TakeOneForTheTeam but it didn’t help much…

Bought to Close TQQQ JUL 24 2020 95.0 Put @ .10 (sold for 2.40)

Option Iceman 1:15 pm on Monday, July 20, 2020

Markets

Source: Bloomberg

Finally, just saying…

Jeff 1:04 pm on Monday, July 20, 2020
Tags: RiskReversal ( 86 ), SPX1dte ( 1,714 ), SPX7dteLong ( 350 )

SPX trades

#SPX7dteLong Bought to Open $SPX June 27th 3225/3245-3255/3275 condors for 16.75, with SPX close at 3251.

Expired with max 20.00 credit: June 20th 3190/3210 call spreads. Condors bought for 17.40 last Monday.

#SPX1dte #RiskReversal expired worthless, keeping .35 credit from Friday.

fuzzballl 12:35 pm on Monday, July 20, 2020

EWZ

ShortPuts – Bought to Close EWZ JUL 31 2020 27.5 Puts @ .06 (sold for .76)

Option Iceman 12:32 pm on Monday, July 20, 2020

Markets

If you are not in Tech this market sucks
Change in market cap year-to-date

Amazon +$561 billion
Apple +$365 billion
Microsoft +$335 billion
Tesla +$203 billion
Google +$112 billion

JPMorgan -$138 billion
Wells Fargo -$125 billion
Bank of America -$115 billion
Exxon Mobil -$111 billion
Berkshire Hathaway -$90 billion

This has sent Bloomberg’s Fear-Greed indicator to its highest ever – above March 2000’s previous peak – and as @C_Barraud notes that these highs contrasted with a plunge in March that produced record weekly lows, surpassing those in December 2018 and May 2000.

winstonthink 11:59 am on Monday, July 20, 2020

CINF

BTC August 21, 50 puts at $0.30, sold at $2.00

Hat tip @optioniceman

fuzzballl 11:55 am on Monday, July 20, 2020
Tags: ShortPuts ( 4,764 ), TakeOneForTheTeam ( 53 )

TNA

#ShortPuts – A little bit of boredom and a little bit of hopefully #TakeOneForTheTeam …

Sold TNA AUG 21 2020 20.0 Puts @ .61

Option Iceman 11:25 am on Monday, July 20, 2020
Tags: SPYLadder ( 40 )

SPY Rolls

Bought to close SPY 07/20/2020 305.0 Call / Sold SPY 07/27/2020 305.0 Call @ 0.25 Credit.

Bought to close SPY 07/20/2020 315.0 Call / Sold SPY 07/27/2020 316.0 Call @ 0.12 Credit plus an extra point on the strike/

SPY is just pennies away from it’s highest close since February, so we are overdue for a correction.
#SPYLadder

winstonthink 10:34 am on Monday, July 20, 2020

XLK DiagBFly

#DiagonalButterfly

BTO $XLK Jan 22: $90 call / $125 put long strangle @ $50
STO $XLK Aug 21: $110 short straddle @ $6.70

Minimum cash out value of the LEAP strangle is $35. Whatever happens I get to keep the $6.70 for the first (aggressive) sale of a straddle, so that leaves ($50 – $35 – $6.70) = $8.30 to finance over the next 550 days or $0.015 per day.

Given the volatility of the underlying it will be a roller coaster ride, but doable.

On this kind of trade I want to get the max premium out of the first sale (hence the straddle sale) – recognizing that an aggressive roll will be needed on one of the sides. For sure with XLK, future short term sales will be strangles not straddles.

fuzzballl 10:13 am on Monday, July 20, 2020
Tags: Earnings ( 3,113 ), ShortPuts ( 4,764 )

T

#ShortPuts #Earnings – Earnings this week but not much premium. Going out to the monthlies and selling below the recent range. 8.3% divvy yield down there…

Sold T AUG 21 2020 28.5 Puts @ .52

thomberg1201 9:51 am on Monday, July 20, 2020
Tags: ShortPuts ( 4,764 )

#shortputs UNG Sold Aug. 21,…

#shortputs UNG

Sold Aug. 21, 9.50 put for .63

jsd501 9:05 am on Monday, July 20, 2020

XBI

STO September 95 puts at 1.05

jsd501 7:59 am on Monday, July 20, 2020

SOXL

BTC August 21, 55 puts at .05, sold at 2.90

fuzzballl 7:38 am on Monday, July 20, 2020
Tags: ShortPuts ( 4,764 )

LABU

#ShortPuts – Bought to Close LABU JUL 24 2020 47.5 Puts @ .08 (sold for 1.50)

Option Iceman 6:41 am on Monday, July 20, 2020
Tags: DoubleDip ( 112 )

VXX

Sold VXX 07/24/2020 28.50 Puts @ 0.36 with the stock at 30.15.
Sold against long 2021 and 2022 long Puts and replacing similar puts that expired Friday although at a lower strike.
#DoubleDip

Option Iceman 6:39 am on Monday, July 20, 2020
Tags: Earnings ( 3,113 )

SLB

Sold SLB 07/24/2020 20.50 Covered Calls @ 0.11 with the stock at 18.80.
#Earnings this week 07/24 BMO

Jeff 4:39 pm on Sunday, July 19, 2020

Is it blasphemy to call THIS the best Rolling Stones tune?

Teaser clip for episode 10: InRocktrination.

geewhiz112 9:12 am on Saturday, July 18, 2020
Tags: CoveredCalls ( 2,203 ), ShortPuts ( 4,764 )

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. 😉

jefflsmith 5:09 am on Saturday, July 18, 2020

Dexcom Covered Call Diagonal $400/$420 Roll

Bizarre market. Friday….Diagonal roll up $20 for a $7.49 credit with the stock at $422. $36.84 of premium……where is this market heading????

winstonthink 3:05 am on Saturday, July 18, 2020

MDLZ DiagBFly

#DiagonalButterfly

BTC MDLZ July 17: 51 short straddle @ $3.18 (originally sold for $1.50)
STO MDLZ July 24: 53.5 short straddle @ $1.38

MDLZ showing some strength, may have to move to selling short term strangles rather than straddles.

Cover is the Jan 2022 long 40 put / 65 call strangle.

winstonthink 2:45 am on Saturday, July 18, 2020

EWZ DiagBfly

#DiagonalButterfly

BTC EWZ July 17: 30 straddle @ $1.26 (originally sold for $2.04)
STO EWZ July 24: 31 straddle @ $1.40

So far so accommodating with EWZ remaining in a nice channel. Premiums are coming down (obviously with a lower VIX), so I will look to roll the Sep 18 long strangle to Jan 22 to extend the selling opportunities.

The short straddle is covered by a long EWZ Sep 18: 24 put / 30 call strangle.

geewhiz112 7:18 pm on Friday, July 17, 2020
Tags: Assignment ( 174 ), OptionsExpiration ( 796 )

Expiration

#optionsexpiration
$EWZ 29 put Thank you @fuzzballl
$WORK 30 put
$T 30 put
$NEO 30 put
$SNAP 21 put
$PTON 55 put
$SPCE 18 put
$MRNA 75 put
$PFE 34 put
$CODX 20 call
$FB 255 call
$PTON 63 call
$SPX 1 DTE Thank you @jeffcp66
$BYND 144/155 BUPS Expired Total loss.
$TSLA 1470/1490 BECS Expired Full full loss
$AMZN 2570/2590 BUPS Expired Full profit
$ZM 190/210 BUPS Expired Full profit

#assignment
$DFEN 18 put assigned. Basis 16.85. Stock at 11.90. Go aerospace, please.
$PFE 36 call called away

Jeff 6:52 pm on Friday, July 17, 2020
Tags: VIXIndicator ( 294 )

Upside to come

The #VIXIndicator fired a bullish signal at the close. This indicates the likelihood of a further move higher in the coming days or weeks.

Jeff 12:50 pm on Friday, July 17, 2020
Tags: Earnings ( 3,113 ), RiskReversal ( 86 ), SPX1dte ( 1,714 )

SPX 1-dte & NFLX

#SPX1dte #RiskReversal for Monday. Placed as one trade with SPX at 3229, IV 13.7%, total credit: .35. Aggressive positioning based on Upside Warning:
Sold $SPX July 20th 3185/3165 put spreads for 2.07, ∆ -.17
Bought $SPX July 20th 3270/3285 call spreads for 1.72, ∆ +.14

Expiring: July 17th 3115/3135-3270/3285 condors, sold yesterday for 1.15.

#Earnings Also expiring, $NFLX July 17th 460/465-590/595 condors, sold yesterday for 1.446

Option Iceman 12:47 pm on Friday, July 17, 2020

VXX Put Rolls

Bought to Close VXX Jul 17 2020 31.5 Puts / Sold to Open VXX Jul 24 2020 30 Puts @ Net Credit of $0.08 plus a 1.50 drop on the short strike.

Bought to Close VXX Jul 17 2020 31.0 Puts / Sold to Open VXX Jul 24 2020 29 Puts @ Net Credit of $0.07 plus a 2.00 drop on the short strike.

My 30.50 and 30.0 Puts for today should expire shortly

fuzzballl 12:47 pm on Friday, July 17, 2020
Tags: ShortPuts ( 4,764 )

TQQQ

#ShortPuts – No sense waiting 2 weeks for this. Commission free below .10 in this account.

Bought to Close TQQQ JUL 31 2020 50.0 Puts @ .08 (sold for 1.23)

Option Iceman 12:32 pm on Friday, July 17, 2020

VIAC Rolls

Bought to lose VIAC 07/17/2020 20.0 Covered Calls / Sold VIAC 08/07/2020 20.0 Covered Calls @ 0.25 Credit.
This will keep me in this low p/e highish dividend stock through earnings on the 6th of August.

Also Bought to close VIAC 07/17/2020 25.0 Diagonal calls / Sold VIAC 07/24/2020 26.0 Calls @ 0.24 Credit plus an extra point on the strike price.

Jeff 12:30 pm on Friday, July 17, 2020
Tags: SPX7dteLong ( 350 )

SPX 7-dte

#SPX7dteLong Bought to Open $SPX July 24th 3205/3225-3235/3255 condors for 16.95, with SPX at 3230.

Expiring today: July 17th 3180/3200 call spreads for max of 20.00. Condors bought last Friday for 17.25.

Jeff 12:28 pm on Friday, July 17, 2020
Tags: VXXGame ( 769 )

VXX longs

#VXXGame Bought to open $VXX Aug 21st 65 calls for .50. Added to a large number of 85’s I have for same expiry. I have not yet sold against these, but will look to do on next down turn. I have a smaller number of long $UVXY 90 calls expiring today, average purchase price .47.

fuzzballl 12:15 pm on Friday, July 17, 2020
Tags: ShortPuts ( 4,764 )

UVXY

#ShortPuts – Sold UVXY JUL 24 2020 25.5 Puts @ .58

Option Iceman 12:03 pm on Friday, July 17, 2020

VXX New Put Diagonal

Bought to Open VXX Jan 15 2021 15 Puts / Sold to Open VXX Jul 24 2020 30 Puts @ Net Credit of $0.12

fuzzballl 11:40 am on Friday, July 17, 2020
Tags: ShortPuts ( 4,764 )

UVXY (again)

#ShortPuts – Closing for safety. Looking for new sales now…

Bought to Close UVXY JUL 17 2020 28.5 Puts @ .50 (sold for .70 and .95)

fuzzballl 11:16 am on Friday, July 17, 2020
Tags: ShortPuts ( 4,764 )

UVXY

#ShortPuts – Taking small profits from the 29 strike. Still holding 28.5s for a probable roll.

Bought to Close UVXY JUL 17 2020 29.0 Puts @ .90 (sold for 1.17)

Jeff 11:08 am on Friday, July 17, 2020

Econ Calendar for week of 7/20/20

Link to calendar: https://research.investors.com/economic-calendar/

fuzzballl 11:07 am on Friday, July 17, 2020
Tags: CoveredCalls ( 2,203 ), ShortPuts ( 4,764 )

EWZ NFLX NTAP OLED ROKU SLB VXX WYNN

#ShortPuts #CoveredCalls

EWZ: It keeps paying.
Bought to Close EWZ JUL 24 2020 27.5 Puts @ .05 (sold for .72)

NFLX: Still holding next week’s 450 short put.
Sold NFLX AUG 21 2020 400.0/600.0 Strangle @ 8.55

NTAP: Covered calls.
Bought to Close NTAP JUL 17 2020 45.0 Calls @ .02 (sold for .80)
Sold NTAP JUL 24 2020 45.0 Calls @ .71

OLED: Closed for tiny profit. Replaced with NFLX strangle.
Bought to Close OLED JUL 31 2020 145.0 Put @ 2.65 (sold for 2.90)

ROKU: Another one gone early.
Bought to Close ROKU JUL 24 2020 115.0 Put @ .06 (sold for 2.07)

SLB: Covered call roll with earnings next week.
Rolled SLB JUL 17 2020 18.5 Calls to JUL 24 2020 19.0 Calls @ .25 credit (1.65 total now)

VXX: Booked it earlier in the day.
Bought to Close VXX JUL 17 2020 31.5 Puts @ .37 (sold for .72)

WYNN: Stock will be assigned at about 88.05. Wanted to get it covered quickly. In an IRA so have to spread the call sale for now. Going DITM for max downside protection. Vegas could close again. Basis 74.90 after this sale with 2 weeks still to go to earnings.
Sold WYNN JUL 24 2020 70.0/100 Bear Call Spread @ 13.15

Jeff 11:02 am on Friday, July 17, 2020
Tags: DoubleHeader, DoubleHeaders, VIXIndicator ( 294 )

Upside coming?

#VIXIndicator – Looks like we will get an Upside Warning at the close.

I have posted for the last two years about #DoubleHeaders, where we get a Downside Warning canceled, followed by another DW without an Upside in between. They have become more common and I have been getting a bigger database to analyze. I missed an Upside Warning on May 27th. The SPX closed at 3036 that day, then ran up to its recent high of 3233 on June 8th. After that, I tweaked the Indicator again so we can catch the rallies in the #DoubleHeader environment.

So if $VIX closes below 28.02 today, we can expect another run up. However I would say it is a less reliable Upside Warning with VIX still in the high 20’s.

honkhonk81 10:50 am on Friday, July 17, 2020

TRADES:

AAL STO 7/24/20 13.5 CALLS @.30
AAL STO 7/24/20 11.0 PUTS @.35 .65 STRANGLE
OSTK STO 7/24/20 49.0 CALLS @2.15 Stocks been on a tear. Have a 44.0 @2.25 & a 45.0 @1.75, covered calls expiring today.

Option Iceman 10:20 am on Friday, July 17, 2020

VXX Calls

Bought to close VXX 07/17/2020 35.0 Calls @ 0.01.
Sold this on 7/13 @ 1.02 AND AGAIN @ 2.08 as part of two diagonal call spreads.

This leaves me with 2 more zero-cost long VXX Calls.

Letting my 36,37,38,41 and 42 Calls expire

Option Iceman 9:56 am on Friday, July 17, 2020

VIAC Roll

With the stock at 24.89 I bought VIAC 07/17/2020 24.0 Calls / Sold VIAC 07/24/2020 24.0 Calls @ 0.45 Credit

Option Iceman 9:04 am on Friday, July 17, 2020

VXX

Bought to close 1 VXX 07/17/2020 35.5 Call @ 0.01.
Sold this on 7/13 @ 1.05 as part of a diagonal spread.
I have another zero cost long for any Black swan events in the next month

honkhonk81 8:22 am on Friday, July 17, 2020

TRADES:

SPCE STO 7/24/20 30.0 CALLS @.77
LUV STO 7/24/20 37.0 CALLS @.52

Option Iceman 8:21 am on Friday, July 17, 2020

VXX Diagonal Puts

Bought to Open VXX Jan 15 2021 12.0 Puts / Sold to Open VXX Jul 24 2020 29.0 Puts @ Net Credit of $0.12

Option Iceman 7:42 am on Friday, July 17, 2020

WBA Covered Rolls

Bought to Close WBA 07/17/2020 40.50 Call / Sold WBA 07/24/2020 41.00 Call @ 0.05 Credit plus 0.50 higher strike.
Bought to Close WBA 07/17/2020 41.00 Call / Sold WBA 07/24/2020 41.50 Call @ 0.27 Credit plus 0.50 higher strike.
My average stock cost is 39.73 with a nice dividend

Ramie 7:03 am on Friday, July 17, 2020

NFLX Iron Condor

Sold $NFLX 8/21 430/440//580/590 iron condor @ 3.30 with the stock at 495.74.

fuzzballl 7:03 am on Friday, July 17, 2020
Tags: LMAO

tastytrade “Fast Market”

#LMAO – Pretty funny. My trade idea made it on this morning. I knew I wouldn’t be able to get him to trade the weeklies. He went Aug monthly 22’s @ 1.40. 🙂 🙂 🙂

Lesserweavil 6:48 am on Friday, July 17, 2020
Tags: CoveredCalls ( 2,203 )

WORK

BTC $WORK Jul-24-2020 32.5 #CoveredCalls @1.15 Debit. Was STO 07-08-2020 @1.85
Underlying up slightly this morning.

Option Iceman 6:48 am on Friday, July 17, 2020

CINF

I’m not ready to give up this dividend stock just yet.
Bought to close CINF 07/17/2020 60.0 Covered Calls / Sold 1 CINF 08/21/2020 60.0 Covered Calls @ 0.79 Credit.
A whole bunch of downside protection while I wait for another dividend.

Also rolled the short side of a CINF 70.0 Calendar spread.
Bought to close CINF 07/17/2020 70.0 Call / Sold CINF 08/21/2020 70.0 Call @ 2.21 Credit.
Since I only paid 2.17 for the long September 70 position, this spread is already zero cost.

I am also short an August 50.0 Put that is rapidly approaching minimum value.

Option Iceman 6:41 am on Friday, July 17, 2020

SPY Rolls

SPY opened above yesterday’s entire trading range, so I decided to roll early instead of waiting for a typical late Friday move (probably higher)
Bought to close 1 SPY 07/17/2020 310.0 Call / Sold 07/24/2020 311.0 Call @ 0.11 Credit plus a point higher on the strike.
Bought to close 1 SPY 07/17/2020 313.0 Call / Sold 07/27/2020 315.0 Call @ 0.12 Credit plus two points higher on the strike.

SPY was at 321.56 and 321.59 for the two rolls

jsd501 6:32 am on Friday, July 17, 2020

NFLX

STO August 21, 400/600 strangle for 10.50

Jeff 12:52 pm on Thursday, July 16, 2020
Tags: SPX1dte ( 1,714 )

SPX 1-dte

#SPX1dte Sold to Open $SPX July 17th (PM) 3110/3130-3275/3295 condors for 1.15, IV 20.2%, SPX 3211, ∆ -.06,+.05

fuzzballl 11:50 am on Thursday, July 16, 2020
Tags: Earnings ( 3,113 ), ShortPuts ( 4,764 )

NFLX Earnings

#ShortPuts #Earnings – Back in. A little more aggressively this time…

Sold NFLX JUL 24 2020 450.0 Put @ 5.25

fuzzballl 10:46 am on Thursday, July 16, 2020
Tags: Earnings ( 3,113 ), ShortPuts ( 4,764 )

NFLX Earnings

#ShortPuts #Earnings – Not something I normally do but scalping a little profit already and looking for a new one to sell before the close.

Bought to Close NFLX JUL 24 2020 425.0 Put @ 2.65 (sold for 4.00)

geewhiz112 10:21 am on Thursday, July 16, 2020
Tags: CoveredCalls ( 2,203 )

MS NVAX Calls Rolled

#coveredcalls
$MS BTC 7/17 52.50 call and STO 7/24 54 calls at additional .11 credit
$NVTA BTC 7/17 112 call and STO 7/24 120 calls at additional 3.68 credit

Lesserweavil 10:02 am on Thursday, July 16, 2020
Tags: BUPS ( 400 )

LULU

STO $LULU Jul-31-2020 275/285 #BuPS @1.25. Short is 17 Delta.

Holding Jul-17 275/285 #BuPS – Looking to let it expire tomorrow.
Also Holding Jul-24 275/285 #BuPS. Watching the paint dry.

fuzzballl 8:03 am on Thursday, July 16, 2020
Tags: Earnings ( 3,113 ), ShortPuts ( 4,764 )

NFLX Earnings

#ShortPuts #Earnings – Somebody leak the earnings already? Stock is pretty weak so far today. I’m going out to next week and selling below the 50ma and near the 100ma.

Sold NFLX JUL 24 2020 425.0 Put @ 4.00