Bought to close $BA 6/21 330/320 bull put spread @ .28. Sold for 1.49 on 5/20.
Recent Updates Page 250
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
FIVE BUPS / LABU Covered Call
#bups
$FIVE STO 6/21 125/130 BUPS at 1.43
#coveredcalls
$LABU STO 6/14 46 call at .80
BYND Entering the Frying Pan
#shortputs
$BYND STO 6/14 150 put at 10.50
#coveredcallcampaign AVGO
Sold June 14, 297.50 call for 2.35, bringing my assigned cost basis to 295. AVGO working it’s way back up, now at 279.
Test
Test
That worked, sorry Jeff
NFLX TQQQ HIIQ Roll CC
#coveredcalls
$NFLX BTC 6/7 357.50 call and STO 6/14 365 call for even. Stock at 360.87
$TQQQ BTC 9/20 70 call and STO 7/5 60 call for even. ETF at 56.17.
$HIIQ BTC 6/21 28 call and STO 7/19 33 call for .60 debit. Stock at 29.70
Will these ever expire?
Have a wonderful weekend.
Shout out to Fuzzy
Go Blues! Great win in Boston last night, taking back home ice advantage and setting up a possible series-ending-Stanley-Cup winning game 6 at home. Scottrade Center errrr Enterprise Center will be rocking! It’s time to end the drought–Sunday night will be it.
Expiring
#OptionsExpiration #Earnings #IronCondor
$FIVE 117/120-138/141 condors, sold Wednesday for 1.31
Have a good weekend all!
ILMN
STC July 19, 320/330 call spread @ 6.50, BTO yesterday @ 4.45
Trying out HIIQ
Thanks @honkhonk81 for bringing my attention to this one.
Sold $HIIQ 7/19 jade lizard–short 26 puts + 34/37 bear call spread–for 3.20 credit.
SPX 1-dte
#SPX1dte Sold to open $SPX June 10th 2805/2825-2920/2940 condors for 1.00. IV: 10.4%, SPX 2875.
Last Friday I sold the 2820/2800… but they were the CALL side.
HIIQ Hahaha, Jeff, did you…
HIIQ Hahaha, Jeff, did you see HIIQ, started to run as I was reading your replies. ;>) Sorry I didn’t do it now. No regrets though. Have a great weekend.
#closing CMG
May 3, sold a June 21, 685/690 put spread for 1.60. CMG went down down down, it’s recovered, trade turned profitable today, bought for 1.15. I thought I would do better, but CMG touched 636 on Monday, up to 713 now, it’s impacted by certain tweets and an African swine disease.
Econ Calendar for week of 6/10/19
Link to calendar: https://us.econoday.com/byweek.asp?day=10&month=6&year=2019&cust=us&lid=0
Euphoria and fear
#Market The Indices continuing a searingly bullish week, but the $VIX is spiking today as well.
I got filled on this trade as the market was going UP…
Sold $SPX June 14th 2815/2790 put spreads for 2.50. (SPX 2877)
NVDA
#ShortPuts – Booking and re-selling…
Bought to Close NVDA JUN 07 2019 145.0 Put @ .10 (sold for 3.05)
Sold NVDA JUN 14 2019 145.0 Put @ 2.40
Hi Jeff, I had a…
Hi Jeff, I had a thought, but it seems to good to me, so I must be missing something. No rush, weekend ok, and that is if you have time.
Stock is HIIQ, and I have the 6/21/19 24.0 Covered Calls. Stock is at28.0. I want to buy back the Calls @4.75, I got 1.30 when I sold them. I want to STO the 28.0 Calls for 2.25. My loss on the 24.0 Calls is 4.75-1.30, or -3.45. I get 2.25 for selling the 28.0 Calls + 4 strikes for a debit of 1.20, 3.45-2.25. This strikes me as being a profitable trade with expiration in 2 weeks. Is it, or am I really missing something. Thank you, HonkHonk81
#shortstrangles XLNX
TastyTrade idea sold July 19, 95/120 strangle for 2.40
#closing #shortstrangles AAPL SQ
AAPL May 9, sold June 21, 180/220 strangle for 2.65, bought today for 1.42
SQ May 3, sold a June 21, 65 put for 1.88, May 21 added a short 75 call, bought today for 1.22.
BYND
BTC $BYND 55/60 Jun 21 2019 #BuPS @.10. Was STO 5/21 @1.0
SPX stopped
#SPX1dte Closed the call spread I sold yesterday… bullish action not stopping. Still a couple points above the 13.67 VIX level that would cancel the Downside Warning. But given the action, I have to stop selling call spreads. Will look to try some put spreads on any minor pullback.
Stopped $SPX June 10th 2870/2895 call spreads for 5.25. Sold yesterday for 2.50.
Also watching June 14th 2890/2915 calls, which have a current stop point of 2867.
May Jobs Report
#Jobs — big drop from April’s blowout
+75,000 non-farm payroll jobs, vs. 180K expected
Unemployment at 3.6%, unchanged
U6 unemployment at 7.1%, down by 0.2
Wages up 0.2%, 3.1% year over year
Labor force participation 62.8%, unchanged
April revised down from 263K to 224K
March revised down from 189K to 153K
ILMN
BTO 320/330 Bull call spread at 4.45
CVNA
BTO 60/50 bear put spread at 3.75
ADBE
BTC $ADBE 255/265 Jun 7 #BuPS @0.08. Was Opened 5/25 @1.65.
SPX 5-dte roll
#SPX1dte Tempting fate, I know. Sold $SPX June 10th (Monday) 2870/2895 call spreads for 2.50.
Commissions
I’m working on a spreadsheet and I’d like to know the various commission structures that you all have (or have had in the past). Can everyone reading this give me a brief explanation in the comments? I will start with what I get from Interactive Brokers. If someone else has already commented with the same structure you have or have had, please don’t repeat it.
I am not looking for dollar amounts (although it is fine if you include them). I mainly need the structure; i.e., if there is a ticket charge, if per option price goes down with higher quantity, if there are set prices on all options or if index/ETF/ etc have different prices, etc.
Thanks!
A TRADE:
HIIQ BTO STOCK @29.78
ss
Lost my computer Sunday night, just am getting back. Also lost my contacts from outlook, does anyone know how to export a text file of my contacts from my iPhone so I can import them in outlook?
A TRADE:
HIIQ STO 6/21/19 27.0 PUTS @1.85
ANF BTC 6/7/19 18.0 PUTS @2.01 Took a beating. ;>( Will revisit tomorrow…….maybe.
FIVE SFIX Earnings
#Earnings #JadeLizards #IronFlies – No interest in messing with these beyond today…
Was looking a little weak so booked it:
Bought to Close FIVE JUN 7 2019 117.0/126.0/129.0 Jade Lizard @1.67 (sold for 3.10)
Pulled back just enough to get out at even:
Bought to Close SFIX JUN 7 2019 21.5/24/24/26.5 Iron Flies @ 2.05 (sold for 2.10)
#assignment WDC
I was assigned on a June 21, 55 put that I have been nursing along since July of 2018 grrr. I had collected $473, stock is at 37. I now have 200 assigned shares with a cost basis of 57. Currently yielding almost 6% at this lower stock price.
Sold June 21, 40.50 call for .47.
TRADES:
HIIQ STO 6/21/19 33.0 CALLS @2.10 & 1.89
HIIQ
BTC July 19, 30 puts at 3.20, sold on Tuesday for 6.00, almost a 50% profit so I decided to book it.
$SPX DTE
Close but no cigar / Last minute heart break. SPX just popped up over 2826 with less than 10mins in the day.
BTC June 5 2825 / 2840 $SPX #BeCS @2.00 – was the call side of an IC opened yesterday for 1.3. I’ll let the 2725/2740 puts expire.
SPX 9-dte
#SPX1dte Too much bullish action not to sell something.
Sold $SPX June 14th 2890/2915 call spreads for 2.00, IV 14.39%, SPX 2826
SFIX Earnings
#Earnings – Lotsa premium in this one. Selling an iron fly just inside the expected move…
Sold SFIX JUN 7 2019 21.5/24/24/26.5 Iron Flies @ 2.10
Risk 40 to make 210
UVXY
#DiagonalBearCallSpreads – Playing it safe. Had to roll this on Friday last week so bailing now.
Bought To Close UVXY JUN 7 2019 40.0 Call @ .26 (sold for 4.39)
FIVE condor
#Earnings Selling this with a bullish lean based on its history… -3.2% on downside, +11.3% on upside
Sold $FIVE June 7th 117/120-138/141 #IronCondor for 1.31.
TQQQ
STO July 40 puts @ 1.08
STO September 35 puts @ 1.48
Testing the water to see if traders are still bearish. Yesterday I sold some September 70/80 bear call spreads for .48 cents
FIVE Earnings
#Earnings #JadeLizard – Going for extra downside protection again so selling the call side at the money. As usual no upside risk and playing for a move down to the 200ma.
Sold FIVE JUN 7 2019 117.0/126.0/129.0 Jade Lizard @ 3.10
A TRADE: New strategy for me.
Had a handful of stock I didn’t want to lose, which I encumbered with short calls. The stock moved up, and I regretted selling the Calls, soooo, I STC the original trade, and BTO a similar trade, 3 strikes higher, with the same expiration. Credit of 1.00, plus extra 3 strikes. Questions solicited. Rolled up but not out.
HIIQ BTC 6/21/19 26.0 CALLS @3.60 Less original premium = loss of $1.00.
HIIQ STO 6/21/19 29.0 CALLS @2.00
UBER roll
#Earnings #StrangleRoll #ThatDidntTakeLong
Sold this strangle Friday as a roll from losing #LongStraddle. Already breached, so rolling. Fortunately, the ATM options are not much more than the strangle sold for.
BTC $UBER June 14th 37/43 #ShortStrangle for 1.40. Sold for 1.00 on Friday.
STO $UBER June 21st 40/46 #ShortStrangle for 1.05
Closing JNJ
Bought to close $JNJ 7/19 120 puts @ .60. Sold for 1.23 on 5/29.
SFIX earnings analysis
#Earnings $SFIX reports tonight. Below are details on earnings one-day moves over the last 6 quarters, its entire history on the exchange.
March 11, 2019 AC +25.20%
Dec. 10, 2018 AC -20.90%
Oct. 1, 2018 AC -35.15% Biggest DOWN
June 7, 2018 AC +26.48% Biggest UP
March 12, 2018 AC -3.60%
Dec. 19, 2017 AC -9.77%
Avg (+ or -) 20.18%
Bias -2.96%, slightly negative bias on earnings.
With stock at 23.50 the data suggests these ranges:
Based on current IV (expected move into Friday per TOS): 19.80 to 27.20
Based on AVERAGE move over last 12 quarters: 18.76 to 28.24
Based on MAXIMUM move over last 12 Q’s (35.2%): 15.24 to 31.76
Based on UP Max only (+26.5%): 29.72
Open to requests for other symbols.
FIVE earnings analysis
#Earnings $FIVE reports tonight. Below are details on earnings one-day moves over the last 12 quarters.
March 27, 2019 AC +8.15%
Dec. 6, 2018 BO -2.66%
Sept. 6, 2018 AC +13.31%
June 6, 2018 AC +21.86% Biggest UP
March 21, 2018 AC +4.20%
Nov. 30, 2017 AC -0.46%
Aug. 30, 2017 AC -3.45% Biggest DOWN
June 1, 2017 AC +0.50%
March 22, 2017 AC +10.80%
Dec. 1, 2016 AC +9.87%
Aug. 31, 2016 AC -1.14%
June 2, 2016 AC +2.07%
Avg (+ or -) 6.54%
Bias 5.25%, Strongly positive bias on earnings.
With stock at 124.00 the data suggests these ranges:
Based on current IV (expected move into Friday per TOS): 113.86 to 134.14
Based on AVERAGE move over last 12 quarters: 115.89 to 132.11
Based on MAXIMUM move over last 12 Q’s (21.9%): 96.89 to 151.11
Based on DOWN Max only (-3.4%): 119.72
Open to requests for other symbols.
CRM Earnings
#Earnings #JadeLizard – Taking what I can get. Could hold until Friday and hope for a pullback but gonna go ahead and close it.
Bought to Close CRM JUN 7 2019 142.0/150.0/152.5 Jade Lizard @ 2.05 (sold for 2.90)
#earnings #closing CRM
Yesterday sold a June 21, 130/170 strangle for 1.10, bought today for .57
Calls closed
#LongLEAPs #SyntheticCoveredCalls Both sets sold yesterday breached. Waiting before I roll.
BTC $TQQQ June 14th 52 calls for 1.90. Sold for 1.15 yesterday.
BTC $SQ June 14th 64 calls for 1.92. Sold for .97 yesterday.
SPX stops
#SPX1dte Euphoria has gripped the markets! Buy everything!
Took the morning pullback to close my 1-day trade and another one I should have closed yesterday.
BTC $SPX June 5th 2830 calls for 2.10. Will hold short 2840 long calls for more. Condors sold yesterday for .95.
BTC June 7th 2810/2835 call spreads for 11.40. Sold for 2.55 on Monday. Will take a few rolls to recoup this one.
GOOGL BUPS DOVA Calls Closed / Rolled TQQQ Calls
#bups
$GOOGL BTC 6/21 1145/1160 BUPS at total loss. Stock put to me last night. Nightmare!!!
#coveredcalls
$DOVA BTC 6/21 12.5 calls at .10. STO at .73
$TQQQ BTC 6/14 59 and STO 6/7 50 call for .45 credit. Who knew today would be THAT day.
#earnings CRM
Sold June 21, 130/170 for 1.10, took a while to fill. Thanks for the data Jeff
SPX 1-dte
Sold to Open $SPX June 5th 2730/2750-2830/2840 condors for .95, IV: 13.53%, SPX 2800.
What a face-ripping day for shorts.
Short squeeze
Had not looked at the market until after lunch, that’s what a true short squeeze looks like 🙂
About time we had a green day
CRM Earnings
#JadeLizard #Earnings – Selling the lizard with the put side at the expected move and the call side nearly at the money with the stock up 4 dollars today. Playing for a slight down move with no upside risk.
Sold CRM JUN 7 2019 142.0/150.0/152.5 Jade Lizard @ 2.90
Closing ANET for 50% profit
Bought to close $ANET 6/21 230 puts @ 1.50. Sold for 3.00 on 5/3
Long Leaps still kicking
#LongLEAPs #SyntheticCoveredCalls Still holding long leaps, both underwater but cost basis now about zero after all these calls I have sold. I also ended up long some TQQQ stock at 58.00, which I will hold for the eventual recovery.
Sold $TQQQ June 14th 52 calls for 1.15.
Sold $SQ June 14th 64 calls for .97
A TRADE: #Point & Figure…
A TRADE: #Point & Figure Chart. HIIQ is on a buy signal since 27.0.
HIIQ BTO STOCK @28.51 latest of several buys today.
AMBA earnings analysis
#Earnings $AMBA reports tonight. Below are details on earnings one-day moves over the last 12 quarters.
March 5, 2019 AC +3.74%
Nov. 29, 2018 AC +18.48% Biggest UP
Aug. 30, 2018 AC -3.62%
June 5, 2018 AC -12.93%
March 1, 2018 AC +13.46%
Nov. 30, 2017 AC +14.29%
Aug. 31, 2017 AC -22.35% Biggest DOWN
June 6, 2017 AC -10.24%
Feb. 28, 2017 AC -4.42%
Dec. 1, 2016 AC -11.27%
Sept. 1, 2016 AC -6.67%
June 2, 2016 AC +9.39%
Avg (+ or -) 10.91%
Bias -1.01%, negative bias on earnings.
With stock at 40.00 the data suggests these ranges:
Based on current IV (expected move into Friday per TOS): 36.00 to 44.00
Based on AVERAGE move over last 12 quarters: 35.64 to 44.36
Based on MAXIMUM move over last 12 Q’s (22.4%): 31.06 to 48.94
Based on UP Max only (+18.5%): 47.39
Open to requests for other symbols.
SPX puts closed
#SPX1-dte Two extra roll spreads closed:
BTC $SPX June 5th 2700/2675 put spread for .25. Sold for 2.70 last Wednesday.
BTC $SPX June 7th 2675/2650 put spreads for .60. Sold yesterday for 3.10.
June 7th call spread at 2810 under pressure, but not too worries yet. This is a bear trend rally; at least until it isn’t.
CRM earnings analysis
#Earnings $CRM reports tonight. Below are details on earnings one-day moves over the last 12 quarters.
March 4, 2019 AC -0.96%
Nov. 27, 2018 AC +10.27% Biggest UP
Aug. 29, 2018 AC -1.71%
May 29, 2018 AC +1.90%
Feb. 28, 2018 AC +2.73%
Nov. 21, 2017 AC -1.81%
Aug. 22, 2017 AC +0.12%
May 18, 2017 AC -0.39%
Feb. 28, 2017 AC +3.02%
Nov. 17, 2016 AC +3.43%
Aug. 31, 2016 AC -4.41% Biggest DOWN
May 18, 2016 AC +4.13%
Avg (+ or -) 2.91%
Bias 1.36%, positive bias on earnings.
With stock at 145.00 the data suggests these ranges:
Based on current IV (expected move into Friday per TOS): 136.15 to 153.85
Based on AVERAGE move over last 12 quarters: 141.76 to 150.24
Based on MAXIMUM move over last 12 Q’s (10.3%): 131.01 to 160.99
Based on DOWN Max only (-4.4%): 139.56
Open to requests for other symbols.
SPX put spread sold to…
SPX put spread sold to offset calls sold this morning.
Sold $SPX Jun 7th 2675/2650 put spreads for 3.10
VXX put spread
Bought $VXX 6/21 32/27 bear put spread @ 2.44. Breakeven 29.56 in 19 days with VXX at 30.82. With all the volatility, the VIX term structure has remained relatively flat (still in a slight contango in the short end of the curve: http://vixcentral.com/).
Getting back in NUGT
Sold $NUGT 9/20 26 calls @ 1.10
A TRADE: Not doing much. Roller Coaster day.
GOOS STO 6/7/19 33.0 PUTS @.75 Near the money. Stop in place. Will only take .25 loss per contract. Only got 2. Risk management. ;>)
TIF earnings analysis
#Earnings $TIF reports tomorrow morning. Below are details on earnings one-day moves over the last 12 quarters.
March 22, 2019 BO +3.14%
Nov. 28, 2018 BO -11.82% Biggest DOWN
Aug. 28, 2018 BO +0.99%
May 23, 2018 BO +23.28% Biggest UP
March 16, 2018 BO -5.06%
Nov. 29, 2017 BO -1.58%
Aug. 24, 2017 BO -1.31%
May 24, 2017 BO -8.70%
March 17, 2017 BO +2.71%
Nov. 29, 2016 BO +3.14%
Aug. 25, 2016 BO +6.40%
May 25, 2016 BO +0.06%
Avg (+ or -) 5.68%
Bias 0.94%, positive bias on earnings.
With stock at 90.00 the data suggests these ranges:
Based on current IV (expected move into Friday per TOS): 83.84 to 96.16
Based on AVERAGE move over last 12 quarters: 84.89 to 95.11
Based on MAXIMUM move over last 12 Q’s (23.3%): 69.05 to 110.95
Based on DOWN Max only (-11.8%): 79.36
Open to requests for other symbols.
Closing AMZN put spread for a loss
Bought to close 6/21 1750/1740 bull put spread @ 5.38. Sold for 2.35 on 5/29. Will look to reinitiate something once things stabilize a bit more.
SPX 4-dte
#SPX1dte Replacing the call spread that closed this morning:
Sold $SPX June 7th 2810/2835 call spreads for 2.55.
SPX 1-dte
#SPX1dte Closed at the open: $SPX Jun 3rd 2690/2670 put spreads for .10. Condors sold for 1.35 on Friday. I’ll let the 2890 call side expire.
Closed in the pre-market on GTC order: June 5th 2845/2870 call spreads for .25. Sold for 2.80 on Thursday.
Expirations /Assignment
#optionsexpiration
$TQQQ 60 calls Covered by leaps
$TNDM 72 calls Covered
$BA 367.50 calls Covered
$SQ 67.50 calls Covered
$LABU 45 calls Covered
GOOS 53.50 calls Covered. And I am covered by GOOS poop and feathers
#assignment
$FL from 6/21 50/55 BUPS
Has anyone tried/bought the Newest…
Has anyone tried/bought the Newest Indicator from AlphaShark Trade Range?
This is for @Ron, I…
This is for @Ron, I saw no other way for messaging.
Thanks to Jeff for answering some questions about my post, spread, ITM etc.
Hey, just saw your post about GOOS, & ANF, bad trades, sorry, but that’s trading. I’m rolling out the GOOS trade, and holding the ANF until expiration, glad I used risk management in these two trades.
Econ Calendar for week of 6/3/19
#Jobs report for May is Friday at 8:30am ET
Link to calendar: https://us.econoday.com/byweek.asp?day=3&month=6&year=2019&cust=us&lid=0
UVXY
#DiagonalBearCallSpreads – Surprised this thing isn’t higher today. Rolling out but not up for next week…
Rolled 1 UVXY MAY 31 2019 40.0 Call to JUN 7 2019 40.0 Call @ 2.09 credit (4.39 total credit now)
Options Bistro 