#Earnings – Stock is weak so taking a small winner instead of a small loser. Now it’s free to rally back!
Bought to Close NFLX JAN 18 2019 340/350/360 Iron Fly @ 7.45 (sold for 9.10)
Recent Updates Page 286
#spycraft Making some adjustments to…
Making some adjustments to the call sides in SPY and EXPE. Too busy to post the actual trades at the moment, just trying to get them through. Will update later.
Looks like we are back in slow grind higher mode everyday.
T
#ShortPuts #IRA – I’ll look to re-load on any weakness…
Bought to Close T Jan 18 2019 31 Puts @0.25 (sold for 1.30)
SPX 1-dte sold
#SPX1dte Sold $SPX Jan 18th 2570/2590-2680/2700 iron condors for .80.
SLB earnings
#Earnings #IronFlies -sold 50 cent wide @ .45…LOL
SPX 1-dte closing
#SPX1dte Bought to close $SPX Jan 17th (monthly) 2670/2690 call spreads for .30. Order in to close put spreads for .05. Whole shebang sold yesterday for .85.
Selling a new one for tomorrow’s PM expiration
NFLX
#Earnings #IronFlies – Just taking a crazy shot here. Hoping all the news is out there now. 350 is also a nice even number (but so is 300 and 400 🙂 ). Selling an iron fly well inside the expected move risking 90 to make 910…
Sold NFLX JAN 18 2019 340/350/360 Iron Fly @ 9.10
This is the $100 I was going to put on the Chiefs +3 line…LOL
TQQQ
STO 52/57 call spread at .30 for February 15 expiration. I have the 50/55 call spreads that expire tomorrow so just pre selling some.
AA dbl cal closed
#Earnings #DoubleCalendar Was trying to get filled on the dip, when the dip exploded into a market rally.
Sold to close $AA Jan18/Jan25 29 double calendar for .51. Bought yesterday for .44. Meager.
Waiting for tomorrow on $MS
Tariffs shmariffs
SPX 1dte defense
Bot back 6 of 13 short calls based on China news. Will update on outcome tomorrow.
RTN STX TNA TQQQ WYNN
#LongCalls #LEAPS #CoveredCalls – A few fills this morning…
RTN: Seems to be recovering so giving it some room into earnings. May add Bull Put Spreads also…
Bought to Close RTN JAN 18 2019 165.0 Calls @ .05 (sold for .60 as BeCS)
Sold RTN FEB 15 2019 170.0/180.0 Bear Call Spreads @ 1.20
STX: Covered Calls selling new ones in earnings week…
Bought to Close STX Jan 18 2019 40.0 Calls @ .05 (sold for .68)
Sold STX Feb 08 2019 41.0 Calls @ .96
TNA: Looking good now. Went full position on Jan 7th on LEAPS and ratio’d weekly sales…
Rolled TNA JAN 18 2019 47.0 Calls to FEB 8 2019 48.5 Calls @ .05 debit
TQQQ: A roll against LEAPS and a partial close on some covered calls:
Rolled TQQQ JAN 18 2019 39.0 Calls to FEB 8 2019 40.5 Calls @ .23 credit
Bought to Close TQQQ Jan 18 2019 45.0 Call @ .05 (sold for 1.65)
WYNN: Covered calls below basis so still rolling…
Rolled WYNN Jan 18 2019 105.0 Call to Feb 15 2019 110.0 Call @ .05 credit
#earnings SLB
Sold Feb. 15, 40/42.5 strangle for 2.18
bought 2, January 25, 38.50 puts for 19 as a hedge for a January 25, 44 put.
Thanks for the data Jeff
UNG strangle
Borrowing an idea from TastyTrade in an underlying relatively uncorrelated with SPX, NDX, etc.
Sold $UNG Feb 15 26/34 strangle @ 1.82.
KSU earnings analysis
#Earnings I’m looking at this for a double calendar. Decent IV crush with small historic moves. However, bid/ask pretty wide so it will depend on the mid-price I can get. I’ll see what I can do in the last hour of the day.
$KSU reports tomorrow morning. Below are details on earnings one-day moves over the last 12 quarters.
Oct. 19, 2018 BO +3.35%
July 20, 2018 BO +2.39%
April 20, 2018 BO +1.55%
Jan. 19, 2018 BO -1.34%
Oct. 20, 2017 BO +1.35%
July 21, 2017 BO +1.13%
April 21, 2017 BO -2.84% Biggest DOWN
Jan. 20, 2017 BO +4.03%
Oct. 18, 2016 BO -2.24%
July 19, 2016 BO +1.88%
April 19, 2016 BO +4.97% Biggest UP
Jan. 22, 2016 BO +4.44%
Avg (+ or -) 2.63%
Bias 1.56%, positive bias on earnings.
With stock at 103.50 the data suggests these ranges:
Based on current IV (expected move into Friday per TOS): 99.64 to 107.36
Based on AVERAGE move over last 12 quarters: 100.78 to 106.22
Based on MAXIMUM move over last 12 Q’s (5.0%): 98.36 to 108.64
Open for requests on other symbols.
TRADES:
ROKU STO 1/25/19 37.5 PUTS @.63
HIIQ STO 1/18/19 33.0 PUTS @.70 ATM Trade for acquiring the stock.
#earnings #shortstrangles #coveredcallcampaign AA Yesterday…
#earnings #shortstrangles #coveredcallcampaign AA
Yesterday sold Feb. 15, 29 straddle for 3.44, bought today for 3.00
Rolled Jan. 18, 30 call to Feb. 15 for .97 covered by assigned shares.
SLB earnings analysis
#Earnings $SLB reports tomorrow morning. Below are details on earnings one-day moves over the last 12 quarters.
Oct. 19, 2018 BO +0.06%
July 20, 2018 BO -1.24%
April 20, 2018 BO -1.49%
Jan. 19, 2018 BO +0.06%
Oct. 20, 2017 BO -2.09%
July 21, 2017 BO -0.73%
April 21, 2017 BO -2.18%
Jan. 20, 2017 BO -0.81%
Oct. 20, 2016 AC -3.03% Biggest DOWN
July 21, 2016 AC +1.98%
April 21, 2016 AC -0.42%
Jan. 21, 2016 AC +6.10% Biggest UP
Avg (+ or -) 1.68%
Bias -0.32%, negative bias on earnings.
With stock at 41.00 the data suggests these ranges:
Based on current IV (expected move into Friday per TOS): 39.55 to 42.45
Based on AVERAGE move over last 12 quarters: 40.31 to 41.69
Based on MAXIMUM move over last 12 Q’s (6.1%): 38.50 to 43.50
Open for requests on other symbols.
#shortstock MO #ironcondor HD MO…
#shortstock MO #ironcondor HD
MO Jan. 14, sold short 100 shares of MO at 48.29, bought to cover today for 46.79.
HD Jan. 8 sold 155/160/190/195 IC for 1.02, bought today for .51
DENN up today arrgghh
Calendars
$AA gapped down then shot up through my strike. Didn’t get filled on my close order as it went past, now it’s getting too high. Will wait for a drift back down.
$MS gapped down and has stayed down. I bought to close Jan 18th short 29 call for .03, removing upside risk for a possible bounce into tomorrow.
AXP earnings analysis
#Earnings $AXP reports tonight. Below are details on earnings one-day moves over the last 12 quarters.
Oct. 18, 2018 AC +3.78%
July 18, 2018 AC -2.72%
April 18, 2018 AC +7.58%
Jan. 18, 2018 AC -1.83%
Oct. 18, 2017 AC -0.19%
July 19, 2017 AC -0.67%
April 19, 2017 AC +5.91%
Jan. 19, 2017 AC -0.63%
Oct. 19, 2016 AC +9.02% Biggest UP
July 20, 2016 AC -1.62%
April 20, 2016 AC +0.90%
Jan. 21, 2016 AC -12.10% Biggest DOWN
Avg (+ or -) 3.91%
Bias 0.62%, positive bias on earnings.
With stock at 99.50 the data suggests these ranges:
Based on current IV (expected move into Friday per TOS): 95.21 to 103.79
Based on AVERAGE move over last 12 quarters: 95.51 to 103.29
Based on MAXIMUM move over last 12 Q’s (12.1%): 87.37 to 111.43
Open for requests on other symbols.
NFLX earnings analysis
#Earnings $NFLX reports tonight. Below are details on earnings one-day moves over the last 12 quarters.
Oct. 16, 2018 AC +5.28%
July 16, 2018 AC -5.24%
April 16, 2018 AC +9.18%
Jan. 22, 2018 AC +9.97%
Oct. 16, 2017 AC -1.57%
July 17, 2017 AC +13.54%
April 17, 2017 AC -2.64%
Jan. 18, 2017 AC +3.86%
Oct. 17, 2016 AC +19.02% Biggest UP
July 18, 2016 AC -13.12% Biggest DOWN
April 18, 2016 AC -12.97%
Jan. 19, 2016 AC -0.13%
Avg (+ or -) 8.04%
Bias 2.10%, positive bias on earnings.
With stock at 350.00 the data suggests these ranges:
Based on current IV (expected move into Friday per TOS): 321.39 to 378.61
Based on AVERAGE move over last 12 quarters: 321.85 to 378.15
Based on MAXIMUM move over last 12 Q’s (19.0%): 283.43 to 416.57
Open for requests on other symbols.
SPX 1dte IC
Sold Jan18 (weekly) 2565/2560 put credit spread @ .25 x9 and .30 x4 in two accounts. 7:35 am mst
Sold Jan18 call credit spread 2650/2655 @ .25 x13 to complete the SPX 1dte IC in both accounts. 10:12 mst
SPX 1dte IC expired
SPX Jan16 2640/2645/2535/2530 call/put expired. Sold for .50 x10 yesterday.
MS and AA earnings calendars
#DoubleCalendar #Earnings Forgot about these earlier… just threw them on now.
Bought to Open $MS 18Jan/25Jan 45 double calendar for .334.
Bought to Open $AA 18Jan/25Jan 29 double calendar for .44
#earnings #shortstraddle AA Sold Feb. 15,…
AA Sold Feb. 15, 29 straddle for 3.44. Thanks for the data Jeff.
SPX 1-dte sold
#SPX1dte Sold to Open $SPX Jan 17th (monthlys) 2545/2565-2670/2690 iron condors for .85. These stop trading at tomorrow’s close but settle on Friday morning, so I will close during market hours tomorrow.
Expiring today: Jan 16th 2535/2555-2650/2670 condors, sold yesterday for .95.
AA earnings analysis
#Earnings $AA reports tonight. Below are details on earnings one-day moves over the last 12 quarters.
Oct. 17, 2018 AC +5.85%
July 18, 2018 AC -13.34% Biggest DOWN
April 18, 2018 AC +1.39%
Jan. 17, 2018 AC -7.00%
Nov. 17, 2017 AC -2.74%
Oct. 18, 2017 AC -2.53%
July 19, 2017 AC +0.60%
April 24, 2017 AC +9.54% Biggest UP
Jan. 24, 2017 AC -2.58%
Oct. 10, 2016 AC -11.42%
July 11, 2016 AC +5.42%
April 11, 2016 AC -2.66%
Avg (+ or -) 5.42%
Bias -1.62%, negative bias on earnings.
With stock at 28.20 the data suggests these ranges:
Based on current IV (expected move into Friday per TOS): 26.23 to 30.17
Based on AVERAGE move over last 12 quarters: 26.67 to 29.73
Based on MAXIMUM move over last 12 Q’s (13.3%): 24.44 to 31.96
Open for requests on other symbols.
EOG
Closed out the inverted fly at 97/98/99 that had been converted from a violated credit spread for 0.11 debit. After all said and done made $464 on 10 contracts.
Still have the 110 #fuzzy to manage.
#earnings AA Jeff do you…
#earnings AA
Jeff do you have AA stats? Thanks
More of the same trades:
HIIQ BTO STOCK @32.09
HIIQ STO 1/18/19 33.0 CALL @.60
SFIX STO 1/25/19 21.5 PUT @1.20
SOME TRADES:
HIIQ BTO STOCK @32.40
HIIQ STO 118/19 32.0 CALL @1.30 Expires Friday
SFIX BTO STOCK 20.93 To cover some calls
SFIX STO 1/18/19 21.5 PUTS @.95 To cover w/premium 19.5 & 20.0 Short calls. If they PUT IT TO ME, then I will have the stock to be called, if not I will have the premium.
Market Tide
#Tide I now have the Market Tide indicators on all my charts. Looks pretty solid. Also noticed that SPY 1-hour chart just printed a purple arrow, signaling a possible top for at least a few days.
#assignment Again WYNN Assigned on…
#assignment Again WYNN
Assigned on a Jan. 18 120 put, cost basis of 116.62 after selling the long.
#coveredcallcampaign Sold Jan. 18, 113 call for 1.61, bringing basis to 115.
SPX 7dte IC defense
Per my SPX IC defense plan, I bought back half of my Jan18 2635 short calls. This will allow one of the long calls to run unhedged in case this rally continues into Friday.
SPX 1-dte sold
#SPX1dte Sold to Open $SPX Jan 16th 2535/2555-2650/2670 iron condors for .95. Legged in, put spread first for .55 after the Brexit dip, then call spread on the bounce for .40
#coveredcallcampaign AMAT AXDX AMAT sold…
#coveredcallcampaign AMAT AXDX
AMAT sold Feb. 9, 36 call for .42
AXDX sold Feb. 15, 17.50 call for .82, added Feb. 12.50 put for .35
TRADES:
HIIQ BTO STOCK @32.94
HIIQ STO 1/18/19 33.0 CALL @1.20
HIIQ STO 2/15/19 35 CALL @2.15
HIIQ STO 1/18/19 32.0 PUTS To own the stock a little cheaper.
NVDA URI
#ShortPuts #IRA – Playing it safe here. Will be looking for some #Fallingknife trades if we get some earnings implosions…
Bought to Close NVDA Feb 01 2019 120 Put @ .13 (sold for 2.45)
Bought to Close URI Jan 18 2019 110 Put @ .40 (sold for 3.50)
#earnings GS #ironfly kindof I…
#earnings GS #ironfly kindof
I was looking at an #ironbutterly for GS and saw this trade at TastyTrade (Mike Butler).
Sold Feb. 15, 155/175/180/200 for 8.53, GA is at 178.
#earnings #shortstrangles UAL Sold feb…
Sold feb 15, 70/90 strangle for 1.10. Thanks again Jeff
UAL earnings analysis
#Earnings $UAL reports tonight. Below are details on earnings one-day moves over the last 12 quarters.
Oct. 16, 2018 AC +5.95%
July 17, 2018 AC +8.78% Biggest UP
April 17, 2018 AC +4.81%
Jan. 23, 2018 AC -11.44%
Oct. 18, 2017 AC -12.07% Biggest DOWN
July 18, 2017 AC -5.90%
April 17, 2017 AC -4.26%
Jan. 17, 2017 AC +0.35%
Oct. 17, 2016 BO -0.31%
July 19, 2016 BO +0.29%
April 20, 2016 BO +0.94%
Jan. 21, 2016 BO +0.46%
Avg (+ or -) 4.63%
Bias -1.03%, negative bias on earnings.
With stock at 81.20 the data suggests these ranges:
Based on current IV (expected move into Friday per TOS): 77.15 to 85.25
Based on AVERAGE move over last 12 quarters: 77.44 to 84.96
Based on MAXIMUM move over last 12 Q’s (12.1%): 71.40 to 91.00
Open for requests on other symbols.
#shortcallspreads TSLA #coveredcallcampaign EWZ Inspired…
#shortcallspreads TSLA #coveredcallcampaign EWZ
Inspired by Iceman-sold Feb. 1, 385/390 call for .80
EWZ rolled Jan. 18, 40 call to Feb. 15 for .57
SPX 1dte IC
Sold SPX Jan16 2640/2645/2535/2530 call/put @ .50 x 10 total in two accounts
Used Tide to time entries per side.
PNC earnings analysis
#Earnings $PNC reports tomorrow morning. Below are details on earnings one-day moves over the last 12 quarters.
Oct. 12, 2018 BO -5.58% Biggest DOWN
July 13, 2018 BO +0.23%
April 13, 2018 BO -4.11%
Jan. 12, 2018 BO +0.23%
Oct. 13, 2017 BO -1.12%
July 14, 2017 BO -0.11%
April 13, 2017 BO -0.17%
Jan. 13, 2017 BO +0.72% Biggest UP
Oct. 14, 2016 BO +0.10%
July 15, 2016 BO -0.96%
April 14, 2016 BO -0.56%
Jan. 15, 2016 BO -0.62%
Avg (+ or -) 1.21%
Bias -1.00%, negative bias on earnings.
With stock at 119.00 the data suggests these ranges:
Based on current IV (expected move into Friday per TOS): 115.40 to 122.60
Based on AVERAGE move over last 12 quarters: 117.56 to 120.44
Based on MAXIMUM move over last 12 Q’s (5.6%): 112.36 to `25.64
Open for requests on other symbols.
#earnings PNC Jef-do you have…
#earnings PNC
Jef-do you have PNC data? Thanks
SPX Feb condor
#SPX1dte On Jan 4th I sold the $SPX Feb 15th 2250/2270-2730/2750 iron condors for 3.00, as a roll from a 1-dte spread that was a .50 loser. The idea is to make back the premium over a longer period while continuing to sell the 1-dte spreads every week.
Today, I closed the put spread side for .50. Order is in to close the call side for .70.
GS earnings analysis
#Earnings $GS reports tomorrow morning. Below are details on earnings one-day moves over the last 12 quarters.
Oct. 16, 2018 BO +3.01% Biggest UP
July 17, 2018 BO -0.18%
April 17, 2018 BO -1.64%
Jan. 17, 2018 BO -1.86%
Oct. 17, 2017 BO -2.60%
July 18, 2017 BO -2.59%
April 18, 2017 BO -4.71% Biggest DOWN
Jan. 18, 2017 BO -0.61%
Oct. 18, 2016 BO +2.14%
July 19, 2016 BO -1.17%
April 19, 2016 BO +2.28%
Jan. 20, 2016 BO -1.95%
Avg (+ or -) 2.06%
Bias -0.82%, slight negative bias on earnings.
NOTE: Another minor mover on earnings; 3-day maxes show no significant differences.
With stock at 178.00 the data suggests these ranges:
Based on current IV (expected move into Friday per TOS): 170.85 to 185.15
Based on AVERAGE move over last 12 quarters: 174.33 to 181.67
Based on MAXIMUM move over last 12 Q’s (4.7%): 169.62 to 186.38
Open for requests on other symbols.
SPX 1dte IC expired
SPX Jan14 IC 2630/2635/2530/2525 x2 expired. Sold for 1.10 on Friday. Used Tide to time entries.
SPX 1-dte expires
#SPX1dte Expiring today: $SPX Jan 14th 2520/2540-2630/2650 condors, sold for .90 on Friday.
#shortstock DISH Sold short 100…
#shortstock DISH MO
Sold short 100 shares of DISH at 27.81
Sold short 100 shares of MO at 48.28
UVXY
#earnings #ironbutterfly JPM Sold Feb….
Sold Feb. 15, 90/100/100/110 for 5.21, had to go to Feb for enough premium to cover max moves. Thanks Jeff
URI
#ShortPuts #IRA – One fill so far…
Bought to Close URI Jan 18 2019 100.0 Put @ .05 (sold for 2.30)
TRADES:
PCG STC STC STOCK @8.97
AMD STO 1/25/19 21.5 CALLS @.55
AMD STO 1/25/19 22.0 CALLS @.42
AMD STO 1/25/19 19.0 PUTS @.40
ROKU STO 1/18/19 43.0 CALLS @.57
ROKU STO 1/18/19 38.0 PUTS @.63
#spycraft Just opened Feb 1…
Just opened Feb 1 expiration IC at the 245/242 puts for 0.25 credit and the 166/269 calls for 0.39 credit. Could probably get about the same now.
WDC rolled the 4 DTE 70/70 out a week for 0.62 credit. Cb now 18.49.
The #spycraft trades will be managed as per the discussion last week. Hard adjustment points as soon as the short strike is breached or if in expiration week closed for a small loss or rolled. As long as we have 2 or more weeks left to expiration will back ratio.
TQQQ
STO February 15, 50/55 call spread at .26 adding to my position. I am pre selling some of these because I have a large expiration this Friday.
JPM earnings analysis
#Earnings $JPM reports tomorrow morning. Below are details on earnings one-day moves over the last 12 quarters.
Oct. 12, 2018 BO -1.09%
July 13, 2018 BO -0.45%
April 13, 2018 BO -2.70% Biggest DOWN
Jan. 12, 2018 BO +1.65%
Oct. 12, 2017 BO -0.28%
July 14, 2017 BO -0.91%
April 13, 2017 BO -1.17%
Jan. 13, 2017 BO +0.53%
Oct. 14, 2016 BO -0.32%
July 14, 2016 BO +1.51%
April 13, 2016 BO +4.23% Biggest UP
Jan. 14, 2016 BO +1.49%
Avg (+ or -) 1.36%
Bias 0.21%, slight positive bias on earnings.
NOTE: JPM is a very small mover on earnings. The above are the 1-day moves; I checked 5-day moves, but the +4.23% move above was still the highest.
With stock at 100.00 the data suggests these ranges:
Based on current IV (expected move into Friday per TOS): 96.58 to 103.42
Based on AVERAGE move over last 12 quarters: 98.64 to 101.36
Based on MAXIMUM move over last 12 Q’s (4.2%): 95.77 to 104.23
Open for requests on other symbols.
SPX 7dte IC
Sold SPX Jan18 2510/2505 BuPS for .55 x2. Based on 5 min and 30min MT along with other confirmations.
This trade adds the put side of the IC I started on Friday.
1dte ES
STO ES 1/14 2565 – (10 points) Put Vertical Spread/Binary
STO ES 1/14 2615 + (10 points) Call Vertical Spread/Binary
1.95+ combined credit
Options Expiration
#OptionsExpiration – Actually had one this week…
RTN 162.0/172.0 Bear Call Spreads (sold for .69)
SPX 1-dte sold
#SPX1dte Sold $SPX Jan 14th 2520/2540-2630/2650 iron condors for .90.
Econ Calendar for week of 1/14/19
Link to calendar: https://us.econoday.com/byweek.asp?day=14&month=1&year=2019&cust=us&lid=0
#spycraft Opened leg 2 of…
Opened leg 2 of the IC. STO the 21 DTE 268/270 ccs for 0.24. Now have the 242.5/240.5 and 268/270 IC for 0.44 credit.
I will open another batch on Monday after some stocks are finally called out.
Every Thur. or Fri. add another rung to the ladder but with so many SPY expirations you can do M,W, or F.
#shortputs #closing MU Nov. 8,…
Nov. 8, sold Dec. 18, 35 put for .73, Dec. 14 rolled to January, Dec. 28 rolled to February, closed today , made $59.
SPX 1-dte closed
#SPX1dte Closed short calls for .10 and short puts for .05. Condor sold yesterday for .90.
Will sell one for Monday at the end of the day.
C (Citigroup) earnings analysis
#Earnings $C reports Monday morning. Below are details on earnings one-day moves over the last 12 quarters.
Oct. 12, 2018 BO +2.13%
July 13, 2018 BO -2.20%
April 13, 2018 BO -1.55%
Jan. 16, 2018 BO +2.27%
Oct. 12, 2017 BO -7.63%
July 14, 2017 BO -2.58%
April 13, 2017 BO -5.07%
Jan. 18, 2017 BO -5.02%
Oct. 14, 2016 BO +5.66%
July 15, 2016 BO +5.93% Biggest UP
April 15, 2016 BO +5.61%
Jan. 15, 2016 BO -13.59% Biggest DOWN
Avg (+ or -) 4.94%
Bias -1.34%, slight negative bias on earnings.
NOTE: above are the 1-day moves; I checked 5-day moves and the ranges are actually LOWER, meaning that any extreme one-day moves were faded to be less severe after a few days.
With stock at 57.00 the data suggests these ranges:
Based on current IV (expected move into next Friday per TOS): 53.98 to 60.02
Based on AVERAGE move over last 12 quarters: 54.19 to 59.81
Based on MAXIMUM move over last 12 Q’s (13.6%): 49.25 to 64.75
Open for requests on other symbols.
Closing March BOIL
Bought to close $BOIL Mar 15 50 call @ .35. Sold for 4.10 on 11/5.
WTW
#LongCalls #LEAPS – A little heavy on the weekly sales so booking this one from yesterday just in case in the “extremely outside chance possibility but nearly impossible odds” that the stock actually bounces…
Bought to Close WTW FEB 1 2019 40.0 Calls @ .30 (sold yesterday @ .75)
WYNN
#LongCalls #LEAPS – I’ve got some exposure in one account with covered stock so closing a tiny position in a different account that was just the LEAPS. Gradually getting more streamlined where I can be less active and settle in for the long term on just a few tickers.
Bought to Close WYNN JAN 18 2019 110.0/125.0 Bear Call Spread
Sold to Close WYNN JAN 15 2021 130.0 Calls
All said and done lost .62 on a 2 lot…
SPX 1dte IC
NQ Entry
STO NQ 1/11 6510-10 Put Spread/Binary
STO NQ 1/11 6720+10 Call Spread/Binary
2.00 Credit
Exit Stop Limit Loss: 3x credit per side
ie, 1.00 for spread, the stop limit is 2.95/3.00 GTC
It’s brutal out there…
Macy*s says comp store sales will be more like 2% than 2.3% for this year, and investors reacted calmly by ripping 25% of its market cap out like Patrick Swayze ripped out that dude’s throat in Roadhouse.
We are very chill on Wall Street.
— Downtown Josh Brown (@ReformedBroker) January 10, 2019
SPX 1-dte
#SPX1dte Sold $SPX Jan 11th 2520/2540-2635/2655 iron condors for .85
#shortcallspreads XLP Sold Feb. 15,…
Sold Feb. 15, 51/55 call spread for 1.20
