Have a great WE
Recent Updates Page 280
SPX 1-dte
#SPX1dte Sold to Open $SPX Feb 25th 2735/2755-2815/2830 condors for 1.05. (IV: 7.3%, SPX 2788)
Expiring today: Feb 22nd condor, sold yesterday for .90
KHC strangle
Borrowing an idea from TastyTrade.
Sold KHC Apr 18 32.50/37.50 strangle for 1.88 credit with the stock centered at 35.00.
Econ Calendar for week of 2/25/18
Jerome Powell speaks Tuesday and Wednesday
GDP report Thursday
#Jobs report will be released the following week, on Friday, March 8th
Link to calendar: https://us.econoday.com/byweek.asp?day=1&month=3&year=2019&cust=us&lid=0
STMP #fallingknife STO Jan 17,…
STMP
#fallingknife
STO Jan 17, 2020 75 PUT @ 11.70
HLF closed
#Earnings Sold to close $HLF Feb22/Mar01 57.5 #DoubleCalendar for .78. Bought for .45 on Tuesday. Price started fading from its highs so I don’t think we’re making it up to 57.50 today.
I’m waiting on $AAOI until the bitter end. Looks like we may get a 14.50 pin.
TQQQ calls
#LongLEAPs #SyntheticCoveredCalls
Sold to Open $TQQQ March 8th 50 calls for 2.15. Replacing the ones I closed yesterday.
LABU
STO June 21, 70 calls @ 2.80, long 2021 leaps.
SPY calls
#LongCalls Starting to sell $SPY March 8th 277.5 calls, bought for 1.73 avg price. Sold some for 3.30 today.
#coveredcallcampaign AAPL Rolled February 22,…
#coveredcallcampaign AAPL
Rolled February 22, 175 call to March 1, 172.50 for 1.51, cost basis down to 170.76, going to get out of this OK.
FLR closed
#Earnings Sold to close $FLR #DoubleCalendar for .77. Bought for .44 yesterday. Stock is starting to rally so closed before it got away from me.
STMPed out
Stamps .com @STMP gapped down 54% on earnings at the open this AM. Since 2001, just 11 other stocks have gapped down 50%+ on earnings out of ~150,000 reports. A 0.007% event. Here's the list from our Earnings Screener: https://t.co/vFFMKBVnKu pic.twitter.com/u8ZXsv9G3C
— Bespoke (@bespokeinvest) February 22, 2019
#earnings #closing BIDU Yesterday sold…
HLF and AAOI Double Cal…. Jeff
Was wondering what TOS Modeling shows about potential profit for today?
STMP
TQQQ calls
#LongLEAPs #SyntheticCoveredCalls
Bought to close $TQQQ Feb 22nd 48 calls for 1.70. Sold for 2.20 on Feb 12th. Will sell more tomorrow.
VXX put spread
Bought $VXX 3/15 33.50/28.50 bear put spread for 2.38 with VXX at 32.04. Looking to take 50% out of this so will close for around 3.70-3.80. Breakeven in a little more than 2 weeks is 31.12. Using to offset some more old SVXY positions that I’m tracking.
#earnings #shortstrangles BIDU Not exactly…
#earnings #shortstrangles BIDU
Not exactly an earnings trade, sold April 18, 140/200 strangle for 2.24.
#earnings #closing DECK Jan. 31,…
NTES
#ShortPuts #IRA – Out of the earnings trade but still looking for some China exposure. Taking another shot a little lower…
Sold NTES APR 18 2019 190.0 Put @ 2.90
Dub Cals
Bought $AAOI Feb22/Mar01 14.5 dbl cals for .27
Bought $FLR Feb22/Mar01 38 dbl cals for .45
SPX 1-dte
#SPX1dte Sold to Open $SPX Feb 22nd 2725/2745-2805/2825 condors for .90. (IV: 10.17%, SPX 2774)
NTES
#Earnings #JadeLizard – Taking off the call side but still holding the 217.50 put for now….
Bought to Close NTES FEB 22 2019 232.5/237.5 Bear Call Spread @ .03
#spxcampaign STO SPX 2-22-19 BeCS…
#spxcampaign
STO SPX 2-22-19 BeCS 2805/2819 at 0.20
#earnings Z Sold March 15,…
Sold March 15, 30/40 strangle for 1.35, tempting fate. In August I sold an earnings 45/55 that took until the end of December to settle. Thanks for the info Jeff.
How is #markettide working?? Have…
How is #markettide working?? Have not seen it mentioned lately.
CVS post earnings
Sold $CVS Apr 18 60 puts @ 1.26 with the stock at 62.79
NVDA April
Sold $NVDA Apr 18 140 puts @ 3.30. Thanks for the idea @fuzzballl.
Z earnings analysis
#Earnings — $Z reports tonight. Below are details on earnings one-day moves over the last 12 quarters.
Nov. 6, 2018 AC -26.92% Biggest DOWN
Aug. 6, 2018 AC -14.77%
May 7, 2018 AC -1.44%
Feb. 8, 2018 AC -2.67%
Nov. 7, 2017 AC +2.67%
Aug. 8, 2017 AC -9.05%
May 4, 2017 AC +9.29%
Feb. 7, 2017 AC -6.37%
Nov. 1, 2016 AC +6.32%
Aug. 4, 2016 AC -4.73%
May 3, 2016 AC +12.05% Biggest UP
Feb. 11, 2016 AC -0.89%
Avg (+ or -) 8.10%
Bias -3.04%, negative bias on earnings.
With stock at 34.20 the data suggests these ranges:
Based on current IV (expected move into Friday per TOS): 30.28 to 38.12
Based on AVERAGE move over last 12 quarters: 31.43 to 36.97
Based on MAXIMUM move over last 12 Q’s (26.9%): 24.99 to 43.41
Open to requests for other symbols.
BIDU “Earnings”
#ShortPuts #IRA – Not really an earnings play but if it works out that way I’ll take it. Mainly trying to acquire some stock for longer term covered call sales…
Sold BIDU FEB 22 2019 167.5 Put @ 2.93
ROKU earnings analysis
#Earnings — $ROKU reports tonight. Below are details on earnings one-day moves over its entire history.
Nov. 7, 2018 AC -22.29% Biggest DOWN
Aug. 8, 2018 AC +21.31%
May 9, 2018 AC -1.71%
Feb. 21, 2018 AC -17.71%
Nov. 8, 2017 AC +54.93% Biggest UP
Avg (+ or -) 23.59%
Bias 6.91%, positive bias on earnings.
With stock at 52.00 the data suggests these ranges:
Based on current IV (expected move into Friday per TOS): 44.88 to 59.12
Based on AVERAGE move over last 12 quarters: 39.73 to 64.27
Based on MAXIMUM move over last 12 Q’s (54.9%): 23.44 to 80.56
Open to requests for other symbols.
BIDU earnings analysis
#Earnings — $BIDU reports tonight. Below are details on earnings one-day moves over the last 12 quarters.
Oct. 30, 2018 AC +3.64%
July 31, 2018 AC -7.73%
April 26, 2018 AC +5.54%
Feb. 13, 2018 AC +4.56%
Oct. 26, 2017 AC -8.15% Biggest DOWN
July 27, 2017 AC +9.45%
April 27, 2017 AC -4.06%
Feb. 23, 2017 AC -5.12%
Oct. 27, 2016 AC +2.56%
July 28, 2016 AC -3.64%
April 28, 2016 AC +4.45%
Feb. 25, 2016 AC +9.84% Biggest UP
Avg (+ or -) 5.73%
Bias 0.95%, positive bias on earnings.
With stock at 171.00 the data suggests these ranges:
Based on current IV (expected move into Friday per TOS): 161.90 to 180.10
Based on AVERAGE move over last 12 quarters: 161.20 to 180.80
Based on MAXIMUM move over last 12 Q’s (9.8%): 154.17 to 187.83
Open to requests for other symbols.
UVXY
#DiagonalBearCallSpreads – Selling diagonals against free March 90 short calls. Not as risky as it looks with ITM short puts helping.
Sold UVXY MAR 15 2019 52.5 Calls @ 1.42
OLED earnings analysis
#Earnings — $OLED reports tonight. Below are details on earnings one-day moves over the last 12 quarters.
Nov. 1, 2018 AC -20.50% Biggest DOWN
Aug. 9, 2018 AC +13.54%
May 3, 2018 AC +12.43%
Feb. 22, 2018 AC -15.81%
Nov. 2, 2017 AC +9.52%
Aug. 3, 2017 AC -1.30%
May 4, 2017 AC +23.87% Biggest UP
Feb. 23, 2017 AC +20.08%
Nov. 3, 2016 AC +2.98%
Aug. 4, 2016 AC -8.01%
May 5, 2016 AC -0.76%
Feb. 25, 2016 AC -11.45%
Avg (+ or -) 11.69%
Bias 2.05%, positive bias on earnings.
With stock at 117.50 the data suggests these ranges:
Based on current IV (expected move into Friday per TOS): 105.41 to 129.59
Based on AVERAGE move over last 12 quarters: 103.77 to 131.23
Based on MAXIMUM move over last 12 Q’s (23.9%): 89.45 to 145.55
Open to requests for other symbols.
Closing EWZ
Bought to close $EWZ Mar 15 46/51 BeCS for .32. Sold for .66 on 2/14.
HLF Double Cal. Jeff
Was wondering what TOS Modeling shows about potential profit for today?
Hello all
#coveredcalls
I have been following along time permitting but no trading. I’m slowly getting the place back to normal. The crawl space is drained and mostly dry. I replaced all the insulation. Last bit is a new vapor barrier. A bunch of niggling back burner chores that had accumulated for years have been ground through. (The wife no longer puts them under my pillow). My other distraction as a property master and set designer for a film will wrap up mid March. I hope to ease back in to trading soon after. To that rebirth this morning I sold NUGT Mar 15th 27 Calls when NUGT was at 23.55 against my underwater stock that I was assigned what seems like eons ago at 26.50. Catch you all later.
EVTC Short Puts
#shortputs
$EVTC STO 3/15 30 put at 1.00. I sold partial stock position before earnings.
SPX 44-dte
#SPX1dte Selling a longer-term to make up for today’s loss and also for the helluvit.
Sold to Open $SPX April 5th 2525/2550/2925/2950 condors for 2.60. (IV 14.54%, SPX 2785)
BTO NSpC @ 24.84 divdend…
BTO NSpC @ 24.84 divdend pays quarterly ex date 2/28/
9.06% for year/.5625 a share
UVXY
#DiagonalBearCallSpreads – Selling diagonals against free March 90 short calls.
Bought to Close UVXY FEB 22 2019 57.5 Calls @ .02 (sold for 1.23)
I’ll be looking to sell again on any tiny little bounce in volatility…
NTES Earnings
#Earnings #JadeLizard – Haven’t had a chance to mess with much earnings this quarter other than NVDA last week. I’ll take a shot at NTES today with a slightly bearish play since the stock is up today and at resistance. Using a Jade Lizard (no upside risk). This position would need the stock to trade lower on the announcement but no lower than slightly more than the expected move (212.30 b/e). Worse case scenario it turns into a covered call position with nice weekly premium.
Sold NTES FEB 22 2019 217.5/232.5/237.5 Jade lizard @ 5.20
SQ calls closed
#LongLEAPs #SyntheticCoveredCalls Bougt to close $SQ Feb 22nd 77 calls for .50. Sold for 2.05 last Wednesday
#SPXcampaign
STO 29 MAR 2019 2580/2560 BuPS at $1.05
Exiting NTAP
#Earnings #LongStock #Assignment #DoubleCalendar
Sold half of my stock for 65.00 and 65.45. Assigned via 68 puts last week… cost basis 64.79. Looking to unload all of it; no interest in making this a longer term holding.
A TRADE:
PYX BTO STOCK @25.69 A starter.
Looking to add to HIIQ & SLDB on a pull back.
Rolling MU
Original trade was Mar 15 33/42 short strangle. On 2/6 I rolled the 33 puts up to 39 for 1.00 credit. Today I rolled the 39 puts up to 41.50 puts for .64 credit. Position is now a 41.50/42 strangle. Total premium taken in is 3.56.
#ironcondor AMZN #shortputspread NVDA AMZN…
#ironcondor AMZN #shortputspread NVDA
AMZN Following Mike at TastyTrade, sold April 18, 1480/1500/1800/1810 for 4.83
NVDA Trading Fuzzball’s fav-sold March 15, 140/145 for .57 (not selling naked 140 puts until I’m out of assigned positions in AAPL and WYNN).
NUGT Jun calls
Sold $NUGT Jun 21 35 calls @ 1.20. Adding to position at the highest strike.
NTES earnings analysis
#Earnings — $NTES reports tonight. Below are details on earnings one-day moves over the last 12 quarters.
Nov. 14, 2018 AC +5.31%
Aug. 8, 2018 AC -10.96%
May 16, 2018 AC -7.45%
Feb. 7, 2018 AC -6.27%
Nov. 15, 2017 AC +7.85%
Aug. 9, 2017 AC -9.77%
May 10, 2017 AC -0.82%
Feb. 15, 2017 AC +14.08% Biggest UP
Nov. 9, 2016 AC -9.22%
Aug. 17, 2016 AC -2.67%
May 11, 2016 AC +0.43%
Feb. 24, 2016 AC -14.80% Biggest DOWN
Avg (+ or -) 7.47%
Bias -2.86%, negative bias on earnings.
With stock at 234.00 the data suggests these ranges:
Based on current IV (expected move into Friday per TOS): 216.53 to 251.47
Based on AVERAGE move over last 12 quarters: 216.52 to 251.48
Based on MAXIMUM move over last 12 Q’s (14.8%): 199.37 to 268.63
Open to requests for other symbols.
TNA
#LongCalls #LEAPS – Taking advantage of the never ending rise to get out of this at a tiny profit. Went long prior to the implosion but added the full position near the bottom. Ratio’d the call sales on the rise so happy to be out. Will look for a reset if we ever get a pullback.
Bought to Close TNA FEB 22 2019 49.0 Calls
Sold to Close TNA JAN 15 2021 70.0 Calls
#earnings AMZN Jan. 31, sold…
#earnings AMZN
Jan. 31, sold AMZN , March 15, 1490/1500 put spread for earnings for 1.27, closed today for .78.
FOMC minutes today
2pm ET
NVDA
#ShortPuts #IRA – One of my favorite tickers so adding here. Seems to be stabilizing above it’s 50ma but still near the bottom of it’s recent implosion. Based on the April expected move 137 is a possibility so selling near that area. 15.2% annualized if it goes to expiration…
Sold NVDA APR 18 2019 140.0 Put @ 3.30
A TRADE: Seems I’m a…
A TRADE: Seems I’m a 2 trick pony today. HIIQ & SLDB
HIIQ STO 3/15/19 PUT @5.10
HLF dub cal
#Earnings Bought to Open $HLF Feb22/Mar01 57.5 #DoubleCalendar for .45. (Got it for .42 in a TOS account)
SPX 1-dte LONG
#SPX1dte Premium just too low to sell, so I chose long today.
Bought to Open $SPX Feb 20th 2735/2750-2815/2820 condors for .50. (IV 9.56%, SPX 2786)
15-wide on put side and only 5-wide on call side. Not too far OTM so any reasonable move toward these should give me at least a small profit… but not expecting much!
HIIQ Broke a double top…
HIIQ Broke a double top at 42.0 today on the Point & Figure chart, a buy signal.
A TRADE:
HIIQ BTO STOCK @32.95 Adding in small increments. Redundant. ;>)
A TRADE:
SLDB BTO STOCK @8.30 An add. Have some from lower.
WTW keeps going down. Is…
WTW keeps going down. Is it going to recover? 😉
TRADES:
HIIQ STO 3/15/19 41.0 PUTS @3.50
HIIQ STO 3/15/19 42.0 PUTS @4.10
HIIQ BTO STOCK @42.65 Chased a little.
HIIQ BTC 3/15/19 44.0 CALLS @3.70, STO this morning, a mistake, not in my plan. Will be out of HIIQ before expiration next week.
#earnings #assignment #coveredputs GLW January…
#earnings #assignment #coveredputs GLW
January 28, sold a Feb. 15, earnings 25/30/30/35 iron fly that should have worked, (they all should work of course). I was assigned 100 short shares, basis just under 31, stock at 34. Sold a March 15, 32.50 put for .24.
#pietrades LNG 3 DTE 65…
LNG 3 DTE 65 put rolled out to 10 DTE and up to 65.5 for 0.73 credit. Cb 64.21 if assigned.
HLF earnings analysis
#Earnings — $HLF reports tonight. Below are details on earnings one-day moves over the last 12 quarters.
Tue 10/30/2018 AC -2.61%
Wed 08/01/2018 AC +13.03%
Thu 05/03/2018 AC +4.47%
Thu 02/22/2018 AC +3.00%
Thu 11/02/2017 AC -2.92%
Tue 08/01/2017 AC -1.95%
Thu 05/04/2017 AC +11.57%
Thu 02/23/2017 AC -4.51%
Tue 11/01/2016 AC -6.19% Biggest DOWN
Wed 08/03/2016 AC +0.74%
Thu 05/05/2016 AC +9.08%
Thu 02/25/2016 AC +20.52% Biggest UP
Avg (+ or -) 6.72%
Bias 3.69%, strong positive bias on earnings.
With stock at 99.30 the data suggests these ranges:
Based on current IV (expected move into Friday per TOS): 53.81 to 61.19
Based on AVERAGE move over last 12 quarters: 53.64 to 61.36
Based on MAXIMUM move over last 12 Q’s (20.5%): 45.70 to 69.30
Open to requests for other symbols.
TRADES:
CRON STC STOCK @21.75
HIIQ STO 3/15/19 41.0 PUTS @3.50 I will be out of this stock before earnings
HIIQ STO 3/15/19 44.0 CALLS @3.40 ” ” “
#shortcallspreads TSLA Feb. 11, sold…
#shortcallspreads TSLA
Feb. 11, sold a March 15, 365/375 for .93, bought today for .46
NUGT calls
#ContangoETFs $NUGT peeking above its recent highs. Sold June 30 calls for 1.35.
Expirations
#optionsexpiration
Full Profit
$SQ 65/70 BUPS
$AAP 140/150 BUPS
$SPX 2690/2710/2810/2790 1 DTE IC I love using codes.
$T 29 Short Call
$FB 165 call (Covered)
$EXAS 85 put
$HIIQ 31 put Thank you @fuzzballl
$HIIQ 33 put
$HIIQ 38 put Thank you @honkhonk81
$TNDM 43 put
$KEM 17 put
$NVDA 140 put Earnings trade
Full Loss
$CRM 145/140 BECS
NVDA
#Earnings #CoveredCalls #ShortPuts – A few more in this one…
Bought to Close NVDA FEB 15 2019 150.0 Put @ .01 (sold for 4.50)
Sold NVDA MAR 15 2019 145.0 Put @ 2.46
Rolled a covered call out a few weeks…
Rolled NVDA FEB 15 2019 148.0 Call to MAR 08 2019 150.0 Call @ 1.50 credit (picking up 3.50 of upside)
Final Trades and Expirations
#Earnings Sold to close $UAA Feb 15th 21 calls for .16. This was a sad one; bought the #LongStraddle for 2.50… the swings this week afforded opportunities to cut the loss to less than half, but my orders barely missed getting filled again and again. So although I did sell a few for 1.60, the stock ended the week right at my strike… not good for a long straddle!
#CoveredCalls #Assignment $PVTL stock called away via 18 and 19 calls. This was a September earnings trade, was assigned at 22.50 and through multiple rounds of covered calls I’m exiting at about break-even.
#DoubleCalendar Taking assignment of $NTAP stock, cost basis 64.79.
#IronCondor Closed $DECK short 145 calls for 1.30. Was able to exit some at .50 and .20, so overall this trade will be a small winner or a small loser across my accounts. Condor sold for .86 on Jan 31st.
Double Calendar performance
#Earnings #DoubleCalendar Here’s the performance this quarter of double calendars. It is performing better than last quarter, with over $1,700 in profit, using 5-lots.
NOTE: NTAP here is accounted as full loss, even though I will probably hold stock in to next week.
NOTE ALSO: INTC here is accounted as taking stock assignment and then closing all a week later. What I actually did was close only half, and converted the other half of stock into a #PieTrade.
AMAT closed
#Earnings Sold to close $AMAT Feb15/Feb22 #DoubleCalendar for .28. Bought yesterday for .52. Couldn’t get off its ass enough to make it a winner.
DE put spread
A little bit closer to the money than I normally would sell but my thesis is the stock’s post-earnings selloff momentum has slowed. Short strike is around the 50 day moving average, around 3 points lower than the stock price.
Sold $DE Mar 15 155/150 BuPS @ 1.32. Delta of the short strike 37.
SPX 1-dte
#SPX1dte Expiring: $SPX Feb 15th condor, sold yesterday for .85
Sold to Open $SPX Feb 19th 2705/2725-2800/2820 condors for 1.05 (IV: 7.7%, SPX 2768)
