$CMG at resistance, now close to the low of the day. Sold 7/19 770/780 bear call spread @ 1.86 with the stock at 733.29.
Recent Updates Page 262
ROKU July
Sold $ROKU 7/19 90/85 bull put spread @ 1.22.
A TRADE: A short strangle….
A TRADE: A short strangle. Keeps margin costs down.
TLRY STO 6/28/19 48.0 CALLS @1.06
TLRY STO 6/28/19 45.5 PUTS @1.10
PYX Covered Call
#coveredcalls
$PYX STO 7/19 22.5 call at .75. Stock initiated at Imperial Capital at outperform with target of $71. Price currently at 17.98, up $4.52 today. Going to look at selling some puts or way out calls.
FB Spread Closed
#bullputspreads
$FB BTC 7/19 165/155 BUPS at .17. STO on 6/12 for 1.70. Thank you @ramie77
TRADES:
TLRY BTO STOCK @47.38
GOOS BTC 7/5/19 38.0 CALLS @.75 Fat finger trade from yesterday. Lost commission expense.
MU earnings analysis
#Earnings $MU reports tonight. Below are details on earnings one-day moves over the last 12 quarters.
March 20, 2019 AC +9.61%
Dec. 18, 2018 AC -7.91%
Sept. 20, 2018 AC -2.86%
June 20, 2018 AC +0.83%
March 22, 2018 AC -7.99%
Dec. 19, 2017 AC +4.02%
Sept. 26, 2017 AC +8.51%
June 29, 2017 AC -5.11%
March 23, 2017 AC +7.40%
Dec. 21, 2016 AC +12.68% Biggest UP
Oct. 4, 2016 AC -0.56%
June 30, 2016 AC -9.15% Biggest DOWN
Avg (+ or -) 6.39%
Bias 0.79%, slight positive bias on earnings.
With stock at 33.50 the data suggests these ranges:
Based on current IV (expected move into Friday per TOS): 30.71 to 36.29
Based on AVERAGE move over last 12 quarters: 31.36 to 36.54
Based on MAXIMUM move over last 12 Q’s (12.7%): 29.25 to 37.75
Based on DOWN Max only (-9.2%): 30.43
Open to requests for other symbols.
SPX closed
#SPX1dte BTC $SPX June 26th 2900/2875 put spreads for .30. Condors sold Friday for 2.45; will let the 3000/3025 call side expire.
Also, expired yesterday: June 24th 2890/2910-2985/3000 condors, sold Friday for .65
FDX earnings analysis
#Earnings $FDX reports tonight. Below are details on earnings one-day moves over the last 12 quarters.
March 19, 2019 AC -3.49%
Dec. 18, 2018 AC -12.16% Biggest DOWN
Sept. 17, 2018 AC -5.53%
June 19, 2018 AC -2.69%
March 20, 2018 AC -1.17%
Dec. 19, 2017 AC +3.51%
Sept. 19, 2017 AC +2.08%
June 20, 2017 AC +1.60%
March 21, 2017 AC +2.12%
Dec. 20, 2016 AC -3.33%
Sept. 20, 2016 AC +6.89% Biggest UP
June 21, 2016 AC -4.53%
Avg (+ or -) 4.09%
Bias -1.39%, negative bias on earnings.
With stock at 158.00 the data suggests these ranges:
Based on current IV (expected move into Friday per TOS): 148.85 to 167.15
Based on AVERAGE move over last 12 quarters: 151.54 to 164.46
Based on MAXIMUM move over last 12 Q’s (12.2%): 138.79 to 177.21
Based on UP Max only (+6.9%): 168.89
Open to requests for other symbols.
ISRG Bull Call / SPX CAmpaign / NFLX Roll
#bucs
$ISRG BTO 7/19 525/535 BUCS at 4.92
#spxcampaign
$SPX 6/24 2890/2910-2985/3000 condors expired. Sold for.70 Thank you @jeffcp66
$SPX BTC 6/262985/3010 call side closed at 1.20. STO at .40. Leaving the put to expire.
#coveredcalls
$NFLX BTC 7/5 365 call and STO 7/19 375 call at added $4.10 credit. Earnings 7/17 so watching closely. Stock closed at 371.04
Downside Warning canceled
#VIXIndicator It’s been awhile since we started this Warning, so I missed the fact that it was canceled on Thursday with the new SPX high. So now we set up for either a new Downside Warning or an Upside Warning. See the sidebar for those levels.
XBI
#ShortPuts – Thanks @Ramie for the idea…
Sold XBI AUG 02 2019 77.5 Puts @ .84
A TRADE:
GOOSE STO 6/28/19 37.5 PUTS @1.10
NLSN–a little early perhaps
Sold $NLSN 7/19 22 puts @ .75. Stock hasn’t bounced yet today so I’m likely early here. But an assignment at 22 will give me a basis of 21.25 and a 6% dividend.
XBI August
Sold $XBI 8/16 78 puts @ 1.21. Strike below the May lows. Delta 20.
Would it make sense to…
Would it make sense to sell DUST puts at this time?
LATE POSTS:
GOOS BTO STOCK @37.08
TLRY STC STOCK @48.98 Have short calls, so will cover if it goes up.
TLRY STO 6/28/19 54.5 CALLS @1.10
Adding NUGT
Sold $NUGT 9/20 39 calls @ 1.46. New highest strike.
AMD
STO July 30.5 calls @1.05 against existing stock
NUGT rising
Higher strikes added.
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. 😉
Options Expiration for 6/21
Most of my positions were rolled but this is what was left to expire:
$BA 6/21 345/340 bull put spread
$DE 6/21 130/125 bull put spread
$MMM 6/21 170/160 bull put spread
$NFLX 6/21 325/315 bull put spread
$TLT 6/21 132/137 bear call spread
$UVXY 6/21 40/50 bear call spread
$X 6/21 14 puts
$BKNG iron butterfly 1670/1700/1730 expiring for full loss. Position had been adjusted/rolled a couple of times–total premium 20.60 so 9.40 loss.
Have a great first official weekend of summer everyone.
SPX 1-dte
#SPX1dte. Sold $SPX June 24th 2890/2910-2985/3000 condors for .65, IV 7.63%, SPX 2965. Another day of low premium as IV has plummeted.
Expiring, June 21st 2890/2910-2990/3010 condors, sold yesterday for .65
Jeff, I used to get an email when someone posted or made a comment but I no longer get any mail from the site. Is there a way to get them again?
GLD call spread
Borrowing an idea from TT (from yesterday).
Sold 8/16 136/143 bear call spread @ 1.05.
NVDA
#ShortPuts – Hoping for at least a little pullback in this thing to get back in next week…
Bought to Close NVDA JUN 28 2019 140.0 Put @ .26 (sold for 2.52)
SOXL TNA WYNN
#CoveredCalls #ShortPuts – Doing some rolling today…
Rolled SOXL JUN 21 2019 140.0 Put to JUL 19 2019 135.0 Put @ 6.70 credit (12.10 credit total now)
Rolled TNA JUN 21 2019 56.0 Calls to JUL 26 2019 58.0 Calls @ .20 credit
Rolled WYNN JUN 21 2019 115.0 Call to JUL 12 2019 118.0 Call @ .35 credit
Rolled WYNN JUN 21 2019 120.0 Call to JUN 28 2019 123.0 Call @ .05 credit
SPX roll
#SPX1dte Sold $SPX June 26th 2875/2900-3000/3025 condors for 2.45.
A TRADE:
GOOS BTO STOCK @37.24 A day trade. Trading around a full position.
BTC $STZ 170/180 6/21/2019 #BuPS…
BTC $STZ 170/180 6/21/2019 #BuPS @.30. Was STO 5/30 @1.37. Lower % profit than I was aiming for, but better a smaller win than a loss.
KMX closed
#Earnings. Sold to close $KMX Jun21/Jun28 83 #DoubleCalendar for 1.00. Bought yesterday for .43. Only got filled on 3, was going for 17. 😦
SPX 1-dte
#SPX1dte Sold $SPX June 21st 2890/2910-2990/3010 condors for .65, IV 13%, SPX 2954.
SHOP call spread
$SHOP printing an inverted hammer today and coming back inside the upper bollinger band on the daily chart. This may have topped out for now. Sold 7/19 340/350 bear call spread @ 3.33. Short strike above today’s high.
Keeping it on a short leash and will close out quickly if the stock reverses back up and tests 340 again.
A TRADE: I STO the…
A TRADE: I STO the contracts this morning, and BTO the stock too. So I’m rolling it out now for .16 credit, and 2.5 strikes higher.
TLRY BTC 6/21/19 47.0 CALLS @2.25
TLRY STO 6/28/19 49.5 CALLS @2.41
OK, I’m in, after being…
OK, I’m in, after being shut out all day. Comments are not timely.
BTO TLRY STOCK @45.68
STO TLRY 6/21/19 47.0 CALLS @1.00 Covered
STO TLRY 6/28/19 47.5 CALLS @1.70 Covered
Blow off top?
SPX plunging, Gold rising, VIX spiking.
RHT long shot
#Earnings #Takeover Bought $RHT June 21st 190 calls for .06, .09, .10.
I doubt this will go anywhere but it’s costing me almost nothing. Was filled for .09 on IB, then TOS would only allow .05 increments, so bought there for .10, then went back to IB, bidding .09 for more and was filled for .06. I was charged zero commission for the .09 bunch, but 1.44 per option on the .06 bunch.
Brokers can be nutty.
SPX 9-dte stopped
#SPX1dte Stopped $SPX Jun 26th 2960/2985 calls spreads for 5.60. Condors sold for 3.00 on Monday.
#earnings KMX
Sold a fuzzballish Big Lizard, July 19, 72.70/80/82.50/85 #ironcondor for 2.82. Thanks for the data Jeff.
KMX dub cal
#Earnings Bought to Open $KMX Jun21/Jun28 83 #DoubleCalendar for .43. Filling slowly, 1 lot every minute or so.
KMX earnings analysis
#Earnings $KMX reports tomorrow morning. Below are details on earnings one-day moves over the last 12 quarters.
March 29, 2019 BO +9.61%
Dec. 21, 2018 BO +3.94%
Sept. 26, 2018 BO -1.60%
June 22, 2018 BO +12.86% Biggest UP
April 4, 2018 BO +4.61%
Dec. 21, 2017 BO -3.60%
Sept. 22, 2017 BO +7.77%
June 21, 2017 BO +0.80%
April 6, 2017 BO +2.36%
Dec. 20, 2016 BO +6.09%
Sept. 21, 2016 BO -2.04%
June 21, 2016 BO -4.91% Biggest DOWN
Avg (+ or -) 5.02%
Bias 2.99%, positive bias on earnings.
With stock at 82.50 the data suggests these ranges:
Based on current IV (expected move into Friday per TOS): 77.07 to 87.93
Based on AVERAGE move over last 12 quarters: 78.36 to 86.64
Based on MAXIMUM move over last 12 Q’s (12.9%): 71.89 to 93.11
Based on UP Max only (-4.9%): 78.45
Open to requests for other symbols.
RHT earnings ???
#Earnings $RHT reports tonight, but there is no volatility or premium in options expiring tomorrow. I don’t know what’s going on, because all sources say it reports tonight. Time to buy a buttload of long straddles? Anyone know what’s up?
Below are details on earnings one-day moves over the last 12 quarters.
March 25, 2019 AC +0.29%
Dec. 17, 2018 AC 0.00%
Sept. 19, 2018 AC -6.53%
June 21, 2018 AC -14.23%
March 26, 2018 AC +0.86%
Dec. 19, 2017 AC -5.32%
Sept. 25, 2017 AC +4.07%
June 20, 2017 AC +9.58%
March 27, 2017 AC +5.20%
Dec. 21, 2016 AC -13.88%
Sept. 21, 2016 AC +3.86%
June 22, 2016 AC -1.70%
Avg (+ or -) 5.46%
Bias -1.48%, negative bias on earnings.
With stock at 188.50 the data suggests these ranges:
Based on current IV (expected move into Friday per TOS): 187.23 to 189.77 (???)
Based on AVERAGE move over last 12 quarters: 178.21 to 198.79
Based on MAXIMUM move over last 12 Q’s (14.2%): 161.88 yo 215.32
Based on UP Max only (+9.6%): 206.56
Open to requests for other symbols.
NUGT at 1-year highs
#ContangoETFs Sold $NUGT Dec 35 calls for 2.85
Also followed @Ramie77, sold Sept 35 calls for 1.40
UBER rolling continues
More NUGT
Sold $NUGT 9/20 35 calls @ 1.40. Highest strike in Sep.
LABU
#ShortPuts – Booking and selling new at the breakout level just below the 50ma. Trying to roll an itm covered call also so wouldn’t mind a pullback.
Bought to Close LABU JUN 21 2019 45.0 Put @ .05 (sold for 2.65)
Sold LABU JUL 26 2019 45.0 Put @ 2.20
SPX 1-dte stopped
#SPX1dte Closed $SPX June 20th (monthlys) 2970/2990 call spreads for 1.75. Condors sold yesterday for 1.00. Cannot allow this to sit overnight as settlement on monthlys is Friday morning’s open. I’ll let the put side expire then.
Good morning
All things hinge on the Fed… finally getting the VIX drop that just would not come.
SPX 1 DTE Expired / TWLO Closed Early / Rolled HIIQ Puts
#spxcampaign #spx1dte
$SPX 6/19 2865/2845/2965/2985 IC. Thank you @jeffcp66
#bups
Closed Early
$TWLO BTC 6/21 130/135 BUPS at .20. STO at 1.70.
#shortputs
$HIIQ BTC 6/19 26 puts and STO 7/19 27 puts at added 2.80 credit.
FB
STO $FB 7/19/2019 165/175 #BuPS @1.20. The 175 Put is 20 delta. Earnings 7/24 (after expire).
ADBE
BTC $ADBE 6/28/2019 255/265 #BuPS @.12.
SPX 1-dte
#SPX1dte Sold $SPX June 20th (monthly) 2845/2865-2970/2990 condors for 1.00, IV: 16.31%, SPX 2922.
NTES
#ShortPuts – For the 8th time this year. Selling just below the 200ma and 2 weeks before earnings. G20 will probably move this thing around a little…
Sold NTES JUL 26 2019 237.5 Put @ 3.03
Continuing to add to NUGT
Sold $NUGT 9/20 31 calls @ 1.15, adding at a higher strike. I had an order in from this morning and got filled but I probably should have waited–you can get quite a bit more now (or maybe a higher strike).
My position is now short:
9/20 26 calls
9/20 30 calls
9/20 31 calls
Get out the way
#SPX1dte Closing call side on a couple condors before the FOMC report. I see the possibility of a strong rally if rates cut, but not a huge dive if they are not. Even so, I have a lot of room to downside in the put sides; call sides were tighter.
BTC $SPX june 19th 2965/2985 call spreads for .20. Condors sold yesterday for 1.00.
BTC June 20th (monthlys) 2960/2980 call spreads for 1.90. Condors sold for 2.50 on June 12th.
#ironcondor LYFT
#tastytradefollow Sold July 19, 52.50/60/70/77.50 iron condor for 2.50.
#closing CMG
June 12, sold July 19, 800/810 call spread for 1.75, bought today for .65, still have a butterfly, going to Q’doba for lunch.
ORCL earnings analysis
#Earnings $ORCL reports tonight. Below are details on earnings one-day moves over the last 12 quarters.
March 14, 2019 AC -0.20%
Dec. 17, 2018 AC +0.26%
Sept. 17, 2018 AC -0.30%
June 19, 2018 AC -7.45%
March 19, 2018 AC -9.43% Biggest DOWN
Dec. 14, 2017 AC -3.76%
Sept. 14, 2017 AC -7.67%
June 21, 2017 AC +8.56% Biggest UP
March 15, 2017 AC +6.22%
Dec. 15, 2016 AC -4.30%
Sept. 15, 2016 AC -4.74%
June 16, 2016 AC +2.69%
Avg (+ or -) 4.63%
Bias -1.68%, negative bias on earnings.
With stock at 52.50 the data suggests these ranges:
Based on current IV (expected move into Friday per TOS): 49.84 to 55.16
Based on AVERAGE move over last 12 quarters: 50.07 to 54.93
Based on MAXIMUM move over last 12 Q’s (9.4%): 47.55 to 57.45
Based on UP Max only (+8.6%): 56.99
Open to requests for other symbols.
BYND
TQQQ Combo
BTO July 19, combo for a debit of 1.72
BTO 61 calls @ 3.83
STO 74 calls @ .26
STO 55 puts @ 1.85
#coveredcallcampaign AVGO
Sold July 5, 300 call for .66, cost basis of assigned shares is down to 295, stock is at 276 with a 2.65 ex-div date coming Friday.
EHTH BUCS
#bullcallspreads
$EHTH BTO 7/19 75/80 BUCS at 2.19. Stock at 75.06.
ADBE Limping Lizard??
SPX 1-dte
#SPX1dte Sold $SPX June 19th 2845/2865-2965/2985 condors for 1.00. IV: 15.24%, SPX 2920.
IV has spiked due to Fed announcement tomorrow. Manage risk and watch your positions for the 2pm ET release.
#calendarspreads LULU DIS XLE
Following at TastyTrade
LULU bought, July 12, short 175 put/Aug. 2 long 175 put spread for 1.50
DIS bought, short July 19, 145 call/long Aug. 16 145 call spread for 1.75
XLE bought, short July 19, 61 put/long Aug. 16 61 put spread for .48
ADBE
BA
BTO January 2021, 370/390 bull call spread at 9.00
I am short the 300 and 250 puts for 2020 which will pay for 55% of the trade if they expire at zero.
TSLA Bear Call
#bearcallspreads
$TSLA STO 7/19 230/240 BECS at 1.91. I have nothing against “clean” energy. Just saying. ;-]
BYND
FB Close Bear Call
#bearcallspreads
$FB BTC 185/190 BECS at 2.75 STO at 1.60 on 6/11
NFLX Rolling Covered Calls
#coveredcalls
$NFLX BTC 6/21 352.50 and STO 6/28 357.50 for even. Stock at 357.14
ADBE earnings analysis
#Earnings $ADBE reports tonight. Below are details on earnings one-day moves over the last 12 quarters.
March 14, 2019 AC -3.95%
Dec. 13, 2018 AC -7.28% Biggest DOWN
Sept. 13, 2018 AC +2.29%
June 14, 2018 AC -2.43%
March 15, 2018 AC +3.05%
Dec. 14, 2017 AC +1.43%
Sept. 19, 2017 AC -4.24%
June 20, 2017 AC +2.36%
March 16, 2017 AC +3.80%
Dec. 15, 2016 AC -1.47%
Sept. 20, 2016 AC +7.11% Biggest UP
June 21, 2016 AC -5.72%
Avg (+ or -) 3.76%
Bias -0.42%, slight negative bias on earnings.
With stock at 278.50 the data suggests these ranges:
Based on current IV (expected move into Friday per TOS): 266.34 to 290.66
Based on AVERAGE move over last 12 quarters: 268.03 to 288.97
Based on MAXIMUM move over last 12 Q’s (7.3%): 258.23 to 298.77
Based on UP Max only (+7.1%): 298.30
Open to requests for other symbols.
Closed AVGO
TNDM Rolling Puts
#shortputs
$TNDM BTC 6/21 68.50 puts and STO 7/19 70 puts for 3.30 credit. Stock at 65.98
Closing AVGO
Bought to close $AVGO 7/19 250/240 bull put spread @ .85. Sold for 2.40 on 6/14.
