fuzzballl 7:27 am on Friday, May 11, 2018
Tags: LEAPS ( 418 ), LongCalls ( 495 )

ROKU

#LongCalls #LEAPS – After finally having time to sit down and update all my positions I’m switching into a longer term trade on this. LEAPS are reasonably priced given the weekly premium available. I closed the puts at a loss that I sold yesterday (1.00 loss). The LEAP position will be twice the size so will roll a 50 cent loss into that cost.

This is also in a different account from my SMH position to avoid some overlap.

Bought ROKU JAN 17 2020 35.0 Calls @ 10.50 (basis will be 11.00 with loss addition)

88 weeks to run so need 12.5 cents per week to cover cost…

So:

Sold ROKU MAY 18 2018 35.5 Calls @ .75

Jeff 7:08 am on Friday, May 11, 2018
Tags: SPXcampaign ( 2,265 )

SPX calls sold

#SPXcampaign Sold $SPX June 8th 2820/2845 call spreads for 1.65.

fuzzballl 7:02 am on Friday, May 11, 2018
Tags: Earnings ( 3,113 )

NVDA Earnings

#Earnings – A clean sweep for the week. Wish all earnings seasons were like this!

Bought to Close NVDA MAY 11 2018 242.5 Puts and 272.5/275 Bear Call Spreads (Jade Lizard) @ .27 (sold for 2.55)

Jeff 6:52 am on Friday, May 11, 2018
Tags: Earnings ( 3,113 )

NVDA earnings closed

#Earnings Closing $NVDA mainly to get back some buying power but also to avoid surprises. Closed the 242.5 short puts for .15 and the 272.5 short calls for .04. I’ll leave the lottery-ticket long legs.

Sold condors yesterday for 1.65

Jeff 6:41 am on Friday, May 11, 2018
Tags: ContangoETF ( 8 )

Gushing

#ContangoETF’s New highest strikes added to $GUSH… 57 across all expiries.

mortlightman 5:12 am on Friday, May 11, 2018

Good Morning

jdietz1954 3:20 pm on Thursday, May 10, 2018
Tags: ShortPuts ( 4,767 )

SQ #ShortPuts Sold May 18th…

SQ #ShortPuts Sold May 18th 54 Puts @ 0.95 when SQ was at 54.81. AH doesn’t look promising though.

smasty 1:10 pm on Thursday, May 10, 2018
Tags: VIXIndicator ( 294 )

3-of-5, got it!

Today we achieved 3-of-5 bars in SPX with a greater than 1-standard deviation up move. As a reminder, at the end of last year I began looking for patterns on standard deviation pricing for crash probability. I found a rolling score of 6-8 1SD up moves in a rolling month began to prescribe danger (manic buying). After our Feb crash I went back to 1987 looking again for a pattern that historically would lead us out of post-crash chop into a fresh trend. I found that 3-in-5 consecutive bars with a 1SD up move was the right pattern for which to watch. It’s taken a long time to get here, now it’s time to prove it out.
I have a mix of 1×2 put spreads, fuzzies, and naked puts sprinkled around to take advantage of, what I hope is, a fresh bull trend.

Sue

#vixindicator

Jeff 1:09 pm on Thursday, May 10, 2018
Tags: Market ( 69 ), VIXIndicator ( 294 )

Rally time?

#Market SPX daily squeeze fired long, and 3 of the last 5 closes were over 1 SD. That’s two out of three signals that the rally will continue… #VIXIndicator didn’t quite make it low enough.

thomberg1201 12:53 pm on Thursday, May 10, 2018
Tags: putspreads

#putspreads NFLX ANET Closed these…

#putspreads NFLX ANET

Closed these put spreads making about 2/3 from each, NFLX, May 18, ANET June 15.

thomberg1201 12:44 pm on Thursday, May 10, 2018
Tags: Earnings ( 3,113 ), ShortStrangles ( 716 )

#earnings #shortstrangles YELP Sold June…

#earnings #shortstrangles YELP

Sold June 15 41/55 for 1.40. YELP can move big, currently hovering around 48.

thomberg1201 12:39 pm on Thursday, May 10, 2018
Tags: ShortPuts ( 4,767 )

#shortputs SIG Sold June 8,…

#shortputs SIG

Sold June 8, 35 put for 1.17, earnings are June 6, premium seems elevated for the June 8 expiration. currently at 38.42

jsd501 10:58 am on Thursday, May 10, 2018

FAS

BTC 63,63,61 Fuzzy and made a small profit after it was all said and done. There is not enough liquidity in that one for me.

thomberg1201 10:54 am on Thursday, May 10, 2018
Tags: ShortCallSpreads ( 91 )

#shortcallspreads SPY Sold June 15…

#shortcallspreads SPY
Sold June 15 , 278/283 for .88, hope my c’s don’t get rolled over too.

jsd501 10:29 am on Thursday, May 10, 2018

TQQQ bearish trade

I rolled my May 18, 137.5 puts up to the May 18, 150 puts for a credit of .45 cents.

1strangealien 10:12 am on Thursday, May 10, 2018
Tags: Fuzzy ( 415 )

XBI

#Fuzzy – Closing down my Fuzzy while the gettin’s good, BTC XBI May11’18 90 calls and STC XBI Jun’18 88/88/86 fuzzy, all said and done I made 1.30 per contract on the trade. That’s the good news, the bad news is that all of my other short calls have been runned the hell over this week, got some rolling to do when the boss ain’t lookin.

fuzzballl 10:09 am on Thursday, May 10, 2018
Tags: CoveredCalls ( 2,203 ), IRA ( 431 )

CELG

#CoveredCalls – Small position in an #IRA. Basis now 94.20 so scratching out a couple bucks while waiting for some sign of life.

Bought to Close CELG MAY 18 2018 95.0 Calls @ .04 (sold for 1.42)

Sold CELG JUN 22 2018 94.0 Calls @ .48

Jeff 10:04 am on Thursday, May 10, 2018

No one got my “Mowing down” reference?

A little 90’s nostalgia, anyone? (skip to 3:15 for the reference, if you ain’t into the beat)

Jeff 10:02 am on Thursday, May 10, 2018
Tags: CoveredCallCampaign ( 132 ), CoveredCalls ( 2,203 ), Rolling ( 454 ), StrangleRoll ( 49 )

Covered Calls

#CoveredCalls #CoveredCallCampaign #Rolling
It’s all fun and games until you get blown out to the upside. It’s a nice problem to have, however, as stock holdings nice for the portfolio.

BTC $BABA May 25th 197.5 covered call for 4.95. Sold Friday for 1.70.
#StrangleRoll Sold BABA Jun 8th 190/207.5 strangle for 5.28.

BTC $FB May 18th 180 call for 5.72. Sold in a strangle-roll after earnings for 1.40. I don’t know how I missed this one going so far ITM this week. Confusing with FB, AAPL, and BABA all near the same price.
STO $FB June 8th 180 put for 2.40. Waiting to sell call.
BTC $FB May 18th 165 put for .07. Sold after earnings for 1.50.

BTC $SQ June 1st 52.5 call for 2.75. Sold for 1.35 on Monday
STO $SQ June 8th 56 call for 1.88
STO $SQ June 8th 50 put for 1.05

Jeff 9:51 am on Thursday, May 10, 2018
Tags: VXXGame ( 769 )

VXX gamin’

#VXXGame Bought some cheap protection for future call sales… doing so also gives me more buying power against current positions. All highest strikes.

BTO $VXX June 15th 70 call for .20
BTO $VXX July 20th 90 call for .25
BTO $UVXY June 15th 60 call for .07 (adding)
BTO $UVXY Sep 59 calls for .26

And took profits:
BTC UVXY Sep 30 call for .79. Sold in March for 3.425 (avg price)

fuzzballl 9:47 am on Thursday, May 10, 2018
Tags: LongCalls ( 495 ), LongLEAPStraddles ( 27 ), LongPuts ( 144 )

FB

#LongPuts #LongCalls #LongLEAPStraddles – Gonna continue pounding the put side while waiting for a pullback. I may end up getting put and call LEAPS paid for in a month just selling near the money puts on this rise. Rolled this one up multiple times last two weeks.

Bought to Close FB MAY 11 2018 182.5 Puts @ .20 (sold for 3.95)

Sold FB MAY 18 2018 187.5 Puts @ 3.22

17.50 premium received in 4 weeks. The combined cost of LEAP calls and puts was 30.00. Still 35 weeks to run. Would enjoy a pullback to get the call side involved again. Until then I’ll be gradually rolling the ITM calls up and out.

EDIT: Rough numbers on the sales. I’ll catch up over the weekend…

Jeff 9:44 am on Thursday, May 10, 2018
Tags: CondorRoll ( 191 ), ReverseRoll ( 144 ), SPXcampaign ( 2,265 )

SPX trades

#SPXcampaign
Stopped: $SPX May 18th 2725/2750 call spreads for 7.85. Sold for 3.65 as a roll on Monday.
Stopped: $SPX May 31st 2765/2790 call spreads for 4.85. Sold for 1.60 last Friday

#ReverseRoll: Sold June 1st 2675/2650 put spreads for 4.40.

Closed June 1st 2435/2410 put spreads for .20. Sold in a #CondorRoll for 2.90 on last Thursday.

That leaves only one short call spread that is almost at its stop level.

Ramie 9:36 am on Thursday, May 10, 2018

Short VXX

With the $VIX retreating and $VXX possibly back on its ride to zero, I am going short VXX via a put spread in June.

Bought $VXX June 15 37/32 bear put spread for $2.40 debit. I’m looking to take this off for a 50% profit (closing for around 3.60).

Jeff 9:29 am on Thursday, May 10, 2018
Tags: Earnings ( 3,113 )

NVDA earnings

#Earnings Followed @fuzzballl‘s cue but made it a broken-wing condor… more down side risk.

Sold $NVDA May 11th 237.5/242.5/272.5/275 condors for 1.65. Downside risk 3.35, upside risk .85. Call me crazy, but I’m assuming a more muted move since stock is extended but it rarely moves bearishly on earnings.

Biggest UP move: 29.8%, Biggest DOWN move: -7.4%, Average move: 10.9%. Strikes are +/-5.8% OTM.

jsd501 9:01 am on Thursday, May 10, 2018

SVXY

BTC January 60 puts @46.90 on a small portion of the puts that I have not been assigned yet. I am using the profits I make to cover the loss on these trades when I can. I think it will take about 2 years to cover the loss on my SVXY trades.

jsd501 8:24 am on Thursday, May 10, 2018

ERX Fuzzy

I rolled my May 11, 37.5 calls to May 18, 37.5 calls for a credit of .42 cents. I need only .12 cents per week to pay for this trade so I am getting an extra .30 cents even though I could not get a higher strike price.

fuzzballl 7:55 am on Thursday, May 10, 2018
Tags: Earnings ( 3,113 ), JadeLizard ( 130 ), LEAPS ( 418 ), LongCalls ( 495 )

NVDA Earnings

#Earnings – Not sure what this is called. Skewed iron condor maybe? I’m looking at it like a #JadeLizard with a disaster put. Selling at near the expected move on each side but with no upside risk and a disaster put just in case.

Sold NVDA MAY 11 2018 242.5 Puts and 272.5/275 Bear Call Spreads @ 2.72 (Jade Lizard)

Using some of the extra 22 cents to buy disaster puts 20 points below the sold put. If this stock misses earnings by a mile it could really implode (guessing).

Bought NVDA MAY 11 2018 222.5 Puts @ .17

Net credit of 2.55 with zero upside risk. If it implodes I’ll look to roll the puts or move it all into a #LongCalls #LEAPS type trade.

EDIT: What do I want the stock to do? As little as possible! Just like a strangle…stay between my short strikes…

Jeff 7:49 am on Thursday, May 10, 2018
Tags: ReverseRoll ( 144 ), SPXcampaign ( 2,265 )

Mowing down My C’s like I’m mowing a lawn

#SPXcampaign My calls are getting killed one at a time… reverse rolled one, waiting on the others.

Stopped: $SPX May 17th 2720/2745 call spreads for 7.15. Sold yesterday for 3.15.
#ReverseRoll Sold May 25th 2700/2675 put spreads for 7.60.

Stopped: June 1st 2760/2785 call spreads for 3.90. No roll yet. Sold on May 3rd for 1.75.

Closed SPX May 25th 2525/2500 put spreads for .35. Sold as a roll for 2.30 on May 4th.
Closed on GTC order: June 1st 2450/2425 call spreads for .20. Sold for 1.70 on May 3rd.

mortlightman 7:33 am on Thursday, May 10, 2018
Tags: Fuzzy ( 415 ), Hedge ( 75 )

UPS

BTO May 18 112/112/111 1.05 #Fuzzy no #hedge at this time
UPS STO May 18 116 .22 #Hedge

Closed today 2.52

fuzzballl 7:33 am on Thursday, May 10, 2018
Tags: Earnings ( 3,113 ), JadeLizard ( 130 )

NVDA Earnings

#Earnings – Haven’t done anything yet. Kinda busy moving my daughter today. This stock is completely out of control so is it a “sell the news”? Not sure but looking at big wide strangles for now or possibly another #JadeLizard with the 2.5 wide strikes available.

jdietz1954 7:27 am on Thursday, May 10, 2018

MU Sold to open May…

MU Sold to open May 11th 53 Call against my long June 50 call.

mortlightman 7:20 am on Thursday, May 10, 2018

MU

STC 51/53 BuCS from a Calendar entered Apr 23 Net +39.00
After a few Diag CC’s
a profit is a profit, was a loss until yesterday.

jdietz1954 7:11 am on Thursday, May 10, 2018

MU BTC May 18th 52…

MU BTC May 18th 52 Call @ 1.67 on the breach of 52 but I was late getting to order off. Need to master patience and have faith. There is time.

fuzzballl 7:10 am on Thursday, May 10, 2018
Tags: LEAPS ( 418 ), LongPuts ( 144 )

NUGT

#LongPuts #LEAPS – Been in this one for awhile and it really never has worked. Little rally today gets it back to close to even so bailing. May look at it again on a spike back to the mid 40’s.

Sold to Close NUGT JAN 18 2019 32.0 Puts
Bought to Close NUGT MAY 18 2018 28.0 Puts

Glad to be done with it. All said and done a loss of 16 cents per contract.

jsd501 7:03 am on Thursday, May 10, 2018

TQQQ Fuzzy

BTC May 11, 157.5 calls and STO May 25 162 calls for a credit of .10 cents. Not much premium but I did pick up 4.50 points.

Jeff 6:57 am on Thursday, May 10, 2018
Tags: Market ( 69 ), VIXIndicator ( 294 )

Can we get bullish yet?

#Market Watching multiple indicators today… the SPX daily squeeze may fire long; Sue’s 3-out-of-5 day 1 SD indicator may fire, and the #VIXIndicator is poised to cancel the Downside Warning if we close at 12.61 or lower.

fuzzballl 6:55 am on Thursday, May 10, 2018
Tags: ShortPuts ( 4,767 )

ROKU again…

#ShortPuts – Still a little bit of juice in these. Let’s see if the breakout holds. Not doing anything on the call side since we could wake up any day and see they’re being bought out for 50 bucks.

Sold ROKU JUN 8 2018 33.0 Puts @ .85

mortlightman 6:40 am on Thursday, May 10, 2018

Good Morning

fuzzballl 6:35 am on Thursday, May 10, 2018
Tags: Earnings ( 3,113 )

ROKU Earnings

#Earnings – In and out and forget about it. On to NVDA now…

Bought to Close ROKU MAY 11 2018 35.0 Puts and 41.0/44.0 Bear Call Spreads (Jade Lizards) @ .48 (sold for 2.55)

Bought to Close ROKU MAY 11 2018 31.0 Put @ .05 (sold for .60)

geewhiz112 7:30 pm on Wednesday, May 9, 2018
Tags: Rolling ( 454 ), ShortPuts ( 4,767 ), SPXcampaign ( 2,265 )

Sold Early / Rolling / SPX Campaign / Short Puts

Closed Early
#shortputs
$WYNN BTC 5/18 170/180 BUPS at .20 STO at 2.92 Inspired by @fuzzballl
$PE BTC 5/18 30 put at .10 STO at 1.70
$NVDA BTC 5/18 190/200 BUPS at .20 STO at 2.40
$SPX BTC 5/18 2510/2535 BUPS at .30 STO at 1.70 Thank you @jeffcp66

#rolling
$LABU BTC 5/11 85 call and STO 5/11 81.50 call at 1.00 added credit. Credit up to $8.20
$SPLK BTC 5/11 108 call and STO 6/1 110 call at 1.00 added credit.

#spxcampaign
$SPX STO 5/18 2745/2720 BECS at 2.45 Finger on trigger already to BTC

#shortputs
$GOOGL STO 5/18 1047/50/1055 BUPS at 2.60 (Sold on Monday)

jdietz1954 1:35 pm on Wednesday, May 9, 2018

SVXY I sold my stock…

SVXY I sold my stock last week out (5/2) of frustration and the opportunity to put the cash elsewhere. I had bought a LEAP 30 call the day before the repricing at 3.35 back on 2/28 where upon it dropped to .30. Last week I sold a May 18th 13 call against it for 0.11. Figured I might as well since it never moves. A bit of lunch money at a cheap bistro. This stock hates me and is out to get me. At this rate I’ll be eating out of the dumpster. Argh!

jsd501 12:39 pm on Wednesday, May 9, 2018

PEP

STO October 85 puts @1.26

STO October 80 puts @.68

Thanks to Ramie for the idea

jsd501 12:23 pm on Wednesday, May 9, 2018

.TNX

Watch the yield on the ten year note.

mortlightman 12:10 pm on Wednesday, May 9, 2018

DIS

BTO May 18 99/100 BuCS .53
1/1 R:R

mortlightman 12:08 pm on Wednesday, May 9, 2018

EA

STC EA MAY 11 122/123 BuCS .96 BTO yesterday for .53

mortlightman 12:07 pm on Wednesday, May 9, 2018

SPY

BTC SPY May 11 255 .02 & May 14 255 .03 both were BuPS

fuzzballl 12:06 pm on Wednesday, May 9, 2018
Tags: LEAPS ( 418 ), LongCalls ( 495 )

CELG

#LongCalls #LEAPS – Another one getting close to fully covered on the max loss but time is dwindling. Getting a bounce here so paying the 2 cents in order to get the next one sold sooner.

Bought to Close CELG MAY 11 2018 89.0/94.0 Bear Call Spreads @ .02 (sold for .56)

Sold CELG MAY 18 2018 85.5/91.5 Bear Call Spreads @ .54

Whipsaw risk is high here and need 25 cents per week out to July expiration to break even. This has been a nearer term position I tried just to see how they trade close to the end. Would love a few more months…

thomberg1201 11:57 am on Wednesday, May 9, 2018
Tags: Earnings ( 3,113 ), IronButterfly ( 141 )

#earnings #ironbutterfly ROKU Chickened out…

#earnings #ironbutterfly ROKU
Chickened out on a straddle, sold a 25/35/35/45 iron fly/iron condor for 6.05, June 15. A straddle brings in 7.45 or so, merging Fuzzball and Mike at Tastytrade

Ramie 11:41 am on Wednesday, May 9, 2018

Closing some profitable positions into strength

BTC $PYPL Jul 20 62.50 puts @ .32. Sold for 1.30 on 2/1.
BTC $MS Jul 20 46 puts @ .25. Sold for 1.04 on 3/23.
BTC $DUST Sep 21 46 call @ .30. Sold for 2.50 on 2/27.
BTC $BIIB Jun 15 235 puts @ .81. Sold for 2.50 on 4/24.

fuzzballl 11:34 am on Wednesday, May 9, 2018
Tags: LEAPS ( 418 ), LongCalls ( 495 ), PureProfit ( 6 ), SyntheticStock ( 356 )

LUV

#SyntheticStock #LongCalls #LEAPS – If next week’s 53.5s expire I’ll officially have the core synthetic cost of 5.52 covered. That will leave the max loss of 2.50 to take care of. Since I’m not sitting at max loss yet I’m converting to plain long #LEAPS and saving .65 of recovery that would be required.

Bought to Close LUV JAN 18 2019 60.0/57.5 Bull Put Spreads @ 1.85 (better than 2.50!)

So….the new projections are this on one of my first ones to approach the land of #PureProfit .

Averaging 45 cents per week conservatively the final debit (max loss) will be covered by June monthly expiration. At that point the position will still have 31 weeks to run. From there on, assuming 45 cents per week until the end, the trade should make about 14 dollars. On a 10 lot that’s a pretty good return on something that could possibly end up well below the original starting point. This is the power of basis reduction (I hope!)

🙂 🙂

Jeff 11:20 am on Wednesday, May 9, 2018
Tags: CondorRoll ( 191 ), SPXcampaign ( 2,265 )

SPX calls stopped & rolled

#SPXcampaign First spread stopped on the highest day in $SPX since April 19th. Last time we topped at 2717. Will we break through this time? I’m using a #CondorRoll because VIX is still in Downside Warning. If we push higher than 2702, more spreads will be stopped, and I may reverse roll some.

Stopped SPX May 25th 2745/2770 call spreads for 4.35. Sold in a roll for 1.75 on May 4th.
Rolled to: SPX June 1st 2585/2610/2775/2800 condors for 4.70.

smasty 11:13 am on Wednesday, May 9, 2018
Tags: Fuzzy ( 415 )

2 of 5? It’s looking…

2 of 5? It’s looking like we’ll get 2 of 5 consecutive bars hit a 1-SD up move. I’m jumping the gun a tad and putting on a “melt up” #Fuzzy. I’m going out a little longer on this since it could still fail.
QQQ June 167/167/164 @ 2.82 debit. Prices on fuzzies have come in a lot today. No hedge, for max delta, right now. This is already up 15% since I placed it about an hour ago.

sue

fuzzballl 11:01 am on Wednesday, May 9, 2018
Tags: LEAPS ( 418 ), LongCalls ( 495 )

PYPL

#LongCalls #LEAPS – Approaching resistance but rolling a little anyway. Correcting my fat finger to get everything back together again.

Rolled 1 PYPL MAY 11 2018 74.0 Call to MAY 25 2018 75.5 Call @ .06 debit
Rolled 9 PYPL MAY 11 2018 74.5 Calls to MAY 25 2018 75.5 Calls @ .43 credit

thomberg1201 10:37 am on Wednesday, May 9, 2018
Tags: IronCondor ( 244 )

#ironcondor AMZN Sold June 15…

#ironcondor AMZN
Sold June 15 1495/1500/1710/1720 for 2.51, around 100 points either direction.

Jeff 10:36 am on Wednesday, May 9, 2018
Tags: SPXcampaign ( 2,265 )

SPX puts closed

#SPXcampaign Closed on GTC order: May 17th 2540/2515 put spreads for .20. Sold for 1.60 on April 17th.

Today’s another demonstration that I am NOT a master of timing, rolling into call spreads earlier that have now almost doubled…. as I said then, these can bowl you over quickly, which is why I rarely do them. We go much higher today and these will have to be stopped and rolled again.

VIX getting to new lows not seen since beginning of February.

Jeff 10:32 am on Wednesday, May 9, 2018
Tags: Earnings ( 3,113 ), ShortStrangles ( 716 )

EA strangle

#Earnings #ShortStrangles
Closed $EA May 11th 115 put for .05. Order in to close 132 calls for same, but did not fill and now ATM. Will wait. Strangles sold yesterday for 1.60.

Jeff 10:29 am on Wednesday, May 9, 2018
Tags: LongLEAPs ( 81 ), StrangleRoll ( 49 ), SyntheticCoveredCall ( 21 )

TQQQ roll

#LongLEAPs #SyntheticCoveredCall
Short call got breached so executed #StrangleRoll
Closed $TQQQ May 18th 160 call for 5.00. Sold for 1.60 on Friday.
Sold TQQQ June 1st 140/170 strangle for 5.00.

jdietz1954 10:20 am on Wednesday, May 9, 2018
Tags: Short ( 30 )

ERX #Short Call covered my…

ERX #Short Call covered my long stock with May 18th 40 call @ .50.

fuzzballl 9:57 am on Wednesday, May 9, 2018
Tags: Earnings ( 3,113 ), JadeLizard ( 130 )

ROKU Earnings

#Earnings #JadeLizard (sort of) – Having a great earnings season so almost decided to sell very aggressive strangles in this. Common sense took over but still staying aggressive while limiting upside risk to 45 cents with a Jade Lizard style trade…(sell puts and call spreads where the call spreads are narrow enough to eliminate or minimize up side risk).

Sold ROKU MAY 11 2018 35.0 Puts and 41.0/44.0 Bear Call Spreads @ 2.55

Eliminates most of the upside risk and brings breakeven on the put side down to 32.45 which is near the expected move and below the 20 and 50 day moving averages.

What’s the plan then? Lots of possibilities here. Stock blows out to the upside could book long calls and roll short calls into a new strangle or just sell a few puts right at the open to bring in 45 cents and get out even.

If the stock blows out to the downside could sell more calls near the short puts and wait a couple days and see what happens. Could then roll or ultimately turn this into a Jan 2020 LEAPS style position.

jdietz1954 9:55 am on Wednesday, May 9, 2018

QQQ Short call BTC my…

QQQ Short call BTC my May 11th 167 Call @ .85 when QQQ was zeroing in 167. Originally sold for .55. This is a brake above the high on 4/18.

fuzzballl 9:47 am on Wednesday, May 9, 2018
Tags: LEAPS ( 418 ), LongCalls ( 495 )

REGN

#LongCalls #LEAPS – It’s still dropping and I’m still selling. Has to bottom eventually. Fairly aggressive roll for additional premium this week.

Rolled REGN MAY 11 2018 300.0 Calls to MAY 11 2018 290.0 Calls @ 1.25 credit (4.65 total on these now)

thomberg1201 8:42 am on Wednesday, May 9, 2018
Tags: IronCondor ( 244 )

#ironcondor XOM Idea from TastyTrade…

#ironcondor XOM

Idea from TastyTrade sold June 8, 75/77/83/85 for .64

fuzzballl 8:11 am on Wednesday, May 9, 2018
Tags: BearPutSpreads ( 17 ), LEAPS ( 418 )

TSLA

#BearPutSpreads #LEAPS – Still selling against 300/200 Bear Put Spreads. Sold aggressively through earnings and continuing that until it decides where it wants to go. Rolling up this week trying for a little more premium.

Rolled TSLA MAY 11 2018 285.0 Puts to MAY 11 2018 295.0 Puts @ 1.40 credit (13.15 total on these now)

Addy 8:09 am on Wednesday, May 9, 2018

by Bobbie

Notable Earnings PM Wed:

ALB, ANGI, ATUS, AYX, BLDR, CTL, CVNA, DAR, EEP, ETE, ETP, EVH, FNGN, FNV, FOXA, FTI, FTK, GKOS, IAC, INFN, MBI, MELI, NUAN, PAAS, PBYI, PTCT, PTLA, RLJ, RNG, ROKU, RUN, SAIL, SEDG, SEP, SIEN, SNH, TROX, TWNK, WMGI, WRD, ZTO

Notable Earnings AM Thurs:

AMCX, BAM, DEPO, DUK, ENB, HIMX, KLIC, MDP, MGA, NOMD, OMI, PBH, PEGI, RDUS, SND, TGI, TRCO, UNVR, WP

Notable Earnings PM Thurs:

AL, CASA, DOX, FATE, FLS, HALO, HUBS, JAG, KTOS, NKTR, NVDA, NWSA, PPC, RDFN, SSRM, SYMC, TIVO, TTD, UNIT, WPM, WTTR, XON, YELP

Notable Earnings AM Fri:

TRI

1strangealien 8:09 am on Wednesday, May 9, 2018
Tags: SyntheticStock ( 356 )

EWW

#SyntheticStock – STO EWW May18’18 48.5 calls for 0.31

jdietz1954 7:59 am on Wednesday, May 9, 2018
Tags: ShortCall ( 5 )

MU #Shortcall Rolled my short…

MU #Shortcall Rolled my short May 11th 50 Call out and up to May 18th 52 for .09 debit. This is covered by my June 15th 50 long call. MU has pushed above the 20dma and I expect it to continue toward the 50dma at 52.

fuzzballl 7:51 am on Wednesday, May 9, 2018
Tags: LEAPS ( 418 ), LongCalls ( 495 )

ERX

#LongCalls #LEAPS – Even with my rollout the other day this thing is still approaching negative deltas. (great call by Whiz on the Iran/Trump/oil prices!). With this kind of gain on a 10 lot in a week just gotta book it and wait for a pullback or move on to something else.

Sold to Close ERX JAN 17 2020 36.0 Calls
Bought to Close ERX MAY 25 2018 39.0 Calls

Not much for weekly sales…nearly all directional gains of 1.21 per contract. I’ll say it again…playing just the LEAPS only instead of synthetic is the reason these scalps are possible.

jsd501 7:38 am on Wednesday, May 9, 2018

FB

BTC June 130 puts @.05, sold at 1.20

Jeff 7:23 am on Wednesday, May 9, 2018
Tags: Rolling ( 454 ), SPXcampaign ( 2,265 )

SPX call roll sold

#SPXcampaign Sold $SPX May 17th (monthly) 2720/2745 call spreads for 3.15. #Rolling from the spread stopped for 3.90 on Monday, with 1.6x position size. I don’t often do this type of roll on the call side, as rallies can bowl me over quickly. But it seems we’re still in a range, and these expire next Friday (am), so I will close them Thursday at latest.

fuzzballl 6:46 am on Wednesday, May 9, 2018
Tags: Earnings ( 3,113 )

EA Earnings

#Earnings – In and out and forget about it. On to ROKU now…

Bought to Close EA MAY 11 2018 118.0/131.0 Strangles @ .58 (sold for 2.45)

Jeff 2:05 pm on Tuesday, May 8, 2018
Tags: SPXcampaign ( 2,265 )

SPX calls sold

#SPXcampaign Sold to Opne $SPX June 8th 2775/2800 call spreads for 1.75.

Jeff 2:04 pm on Tuesday, May 8, 2018
Tags: CoveredCallCampaign ( 132 ), CoveredCalls ( 2,203 ), Rolling ( 454 )

SQ covered calls

#CoveredCalls #CoveredCallCampaign #Rolling
BTC $SQ June 1st 52.5 call for 2.75. Sold for 1.35 yesterday.
STO $SQ June 8th 56 call for 1.88.
Also plan to sell a put on the next pullback.