#SPXcampaign Bought $SPX Jan 12th 2750/2775 call spreads for .45. I set up this spread as a potential to sell, but when I saw the low premium I decided to buy as a low risk shot at a run to 2700. This spread will sell for 5.00 or more if we get there by end of the month.
Recent Updates Page 361
$C
BTC Dec 15 $72 puts @ $0.04, sold for $0.40
$DWDP
STO Dec 22 $71 #coveredcall @ $0.80, replacing call that expired last friday.
Notable Earnings AMC Mon/BMO Tues:
CASY, IRET, KMG, NX
Notable Earnings AMC Tues/BMO Wed:
MDB, PAY
Notable Earnings AMC Wed/BMO Thurs:
ABM, NDSN, PIR, SAFM, SCHL
Notable Earnings AMC Thurs/BMO Fri:
ADBE, COST, JBL, ORCL
Econ Calendar for week of 12/11/17
Be sure to periodically click “Home/REFRESH” above to keep Bistro features updated.
Items marked with a Blue Star are potentially market moving:
OptionsExpiration
Spent friday and saturday trying to get home from Florida, so just now getting a chance to post these.
$DWDP $71 coveredcalls
$SVXY $70 puts
$SVXY $80 puts
$SVXY $85 puts
$SVXY $90 puts
$UVXY $16 calls
$UVXY $17.5 calls
$UVXY $23.5 calls
$UVXY $30 calls
Hope you all had a great weekend.
#Algos attack ….. .Cryptocurrency now…
#Algos attack …..
.Cryptocurrency now …..this is just a test!
Before 5 pm tomorrow when futures on bitcoin start trading.
IMHO!!!!
SPX Campaign / Short Puts / Roll / Closing Fairy Tale
#spxcampaign
$SPX STO 12/20 2635/2660 BUPS @ 10.70
$SPX BTO 12/15 2665/2685 BUCS @ 2.72 Thank you @jeffcp66
#shortputs
$NFLX STO 1/19/2018 160/175 BUPS @ 2.70
Rolled
$CELG BTC 12/15 115 put @ 9.68 and STO 1/5 115 put @ 10.02
Closed Real Early
$SPX BTC 12/18 2665/2640 @ 11.00 STO yesterday @ 8.70
Closed Real Late
$NFLX BTC 12/8 190/195 BUPS @ 4.75. Saved enough for an early bird special tonight.
Closed Just Right ( A Fairy Tale Ending)
$EMR BTC 12/15 60/62.50 BUPS @ .05
Thank you everyone. Have a great weekend. First snowfall expected tomorrow in NYC area.
#bitty first bitty btc qqq…
#bitty
first bitty
btc qqq 149.50\140 put@ .39,.40 had sto @ .87 opened five days ago.
50% ish
thanks sue
$SVXY #coveredcalls rolled out Dec…
$SVXY #coveredcalls
rolled out Dec 08 $114 calls to Dec 15 $116 calls for 0.10cr, gain $2 for week long wait.
SPX – Final trades and expiration
#SPXcampaign The VIX ended th day on its lows, signaling the likelihood of a new Upside Warning next week. So I closed the two Jan 5th call spreads I sold this week, one with sufficient profit and one with a loss, but easy to roll next week.
Closed $SPX Jan 5th 2740/2765 call spreads for .40. Sold for 1.50 on Monday.
Closed $SPX Jan 5th 2705/2730 call spreads for 2.10. Sold for 1.50 yesterday.
#OptionsExpiration, closed 1/3 of this position for 11.50 on Wednesday, and now the rest expires at the max profit.
#Exercised: Dec 8th 2520/2540 LONG call spreads for 20.00. Bought for 3.50 on Nov 27th.
Expiration
CELG 101/99 107/109 IC
CELG 101/100
Have a great WE people
Have a great WE people
Expirations
Only 3 today but a lot more next week. Have a nice weekend everyone.
SVXY 60 puts
SVXY 65 puts,
SVXY 70 puts
snowing virtually here and in…
snowing virtually here and in real life outside 🙂
Everyone have a good weekend!
SVXY again
#VXXGame #ReverseRolls – Now that I’ve added some new put spreads with reverse rolls I’m taking off some others that were former reverse rolls. Really taking some risk off allowing some more sales if we ever get a pullback.
Bought to Close SVXY JAN 19 2018 100.0/95.0 Bull Put Spreads @ .79 debit (sold for 3.60)
I’ll take that since these were all rolled up calls at one point….good riddance!
SVXY
#ShortCalls #Rolling #ReverseRolling – This thing is relentless. I’m rolling some Jan short calls early. A combination of reversing into bull put spreads and rolling up and out. This gives March and June 120/105 bull put spreads with short calls above them. Is that a #CoveredBullPutSpread ?? 🙂 🙂
These add to some previous rolls to similar positions…
Rolled SVXY JAN 19 2018 122.5 Call to JUN 15 2018 165.0 Call @ .40 credit
Rolled SVXY JAN 19 2018 122.5 Call to JUN 15 2018 120.0/105.0 Bull Put Spread @ .50 credit
Rolled SVXY JAN 19 2018 125.0 Call to MAR 16 2018 140.0 Call @ 1.19 credit
Rolled SVXY JAN 19 2018 125.0 Call to MAR 16 2018 145.0 Call @ .29 debit
MGM
#SyntheticStock #IRA – Didn’t want to do this yet but ex-dividend today and ITM so taking it out a couple weeks to be safe. Should be the last one today…
Rolled MGM DEC 15 2017 32.0 Calls to DEC 29 2017 32.0 Calls @ .22 credit
WYNN
#ShortStrangles – Getting weak this afternoon so going ahead with the roll for another week. Still selling against DITM short calls. Raising basis on those. Another one I’ve been in all year just rolling around so let’s call it a #PerpetualRollingStrangles now. It’s in third place YTD trailing only TLT and NVDA in this account. Up 100 percent on margin. Overall SVXY and UVXY near the lead too as usual.
Rolled WYNN DEC 8 2017 160.0 Puts to DEC 15 2017 160.0 Puts @ 1.60 credit
SPX puts sold
#SPXcampaign Second and final standard spread for this week:
Sold $SPX Jan 5th 2570/2545 put spreads for 1.50.
SVXY UVXY VXX
#VXXGame – New ATH and ATL across the board…like a broken record or groundhog day…LOL
NVDA
#SyntheticStock – In an #IRA so can’t double sell. Need to close then open.
Bought to Close NVDA DEC 8 2017 195.0 Calls @ .03 (sold for only .48 since it was just 2 days.)
Sold NVDA DEC 15 2017 197.5 Calls @ 1.50
Been messing around with EWW
For most of they year, rolling and adjusting a strangle that went wrong. I just rolled it again and was able to widen it by 1 point, this time recapturing a good portion of the loss and hopefully ending this thing by January if it can finish anywhere near the strikes, if not between them.
Rolled $EWW Dec 15 51/53 strangles out to Jan 50/53 strangles for .41 credit.
#spxcampaigne BTC 2455/2555 BuPS 18…
#spxcampaigne
BTC 2455/2555 BuPS 18 DEC 2017 for $0.55 sold it yesterday for $1.30
STO 2485/2585 BuPS 22 DEC 2017 for $1.70
I have been milking this for a while. Milked it again today for $1.70
12/8 Happy Friday
1. NVDA: Fully closed the #JadeLizard sold for 3.62, partial cover at 1.62 yesterday, rest covered today at 1.35
2. BA: Closed the contrarian BePS, closed for .66 shy of full loss. Prob of touch is still high enough I should have held, but it’s just continuing to be a train.
3. LRCX: Closed the #PutRatioSpread for over 50% gain, 1.45, $1555.00. Recovery mission on big loss last week.
4. MSFT: #Bitty closed for 50%, this was Jan 80/75 BuPS for .82 cr, covered .41
5. SPX : I’m kind of thinking we see a strong market into next week’s expiration, so rolled the short puts on the #RocketManHedge from 2605 to 2625. Realized $2820 in the roll.
6. SPY: Opened #SpikedLizard for January. Part 1: 264/265/267 for 3.74 cr Part 2 (spike) 260/253 ratio put spread for .05. No upside risk, downside BE is 253 due to the spike. Need SPY price above $260 for meaningful profit. 50% target. I’d like to ladder these every 2 weeks.
7. SPX: Opened 7DTE #Bitty I said I didn’t want to do 7DTE Bitties any more, but betting we see an upside into next week’s expiration. Of course I could be all wrong. Got more credit than usual on these. Dec 15 2630/2625 BuPS for average price of .875 credit, 50% target
8. TXN: Opened BuPS for January 97.5/95 for .72, 50% target
9. TJX: Continued defense. Sold Dec 15 calls to adjust deltas
10. MU: Opened #EarningsRunUp trade based on historical backtesting. Partial position. Dec 22 47.5 call for 1.04.
11. PIR: Closed #EarningsRunUp trade for 28% profit, bought at .35, sold at .45
12. ABBV: Opened #BuPS for January 92.5/90 for .56, target 50%
13. FLIR: Opened #SyntheticCoveredCall for January 47 puts for 1.40, very high historical win rate on short puts for this company
14. BBY: Closed the contrarian BePS for loss, salvaging .60 from max loss
15. AAPL: I already have a BuPS on for next week, used this little upswing today to sell calls converting it to an #IronButterfly.
SPX calls closed
#SPXcampaign Sold these only yesterday, but no reason to sit and watch them go further in the hole. Based on today’s action I’m expecting more upside next week so I’m not letting call spreads ride.
Closed $SPX Dec 18th 2640/2665 call spreads for 12.40. Sold yesterday for 8.75.
#ReverseRoll Sold Dec 20th 2660/2635 put spreads for 10.55. I’ll add another put spread later to make up difference.
Closed on GTC order:
Dec 22nd 2510/2485 put spreads for .20. Sold for 1.45 on Nov 22nd.
WDC
#ShortStrangles #ReverseRolling – Screwed the pooch on my roll to inverted by being impatient so reverse rolling calls into low risk put spreads for a credit. Going directional since it’s one I wouldn’t mind trading around for awhile. Went inverted on the original strangle WAY too early.
Rolled WDC DEC 29 2017 79.5 Calls to JAN 19 2018 85.0/80.0 Bull Put Spreads @ .43 credit.
This is another one of those where it doesn’t really matter to me how low it goes. With 3.80 of accumulated premium on the 5 wide spread the worse case scenario is owning the stock at a basis only 1.20 above where it happens to be at expiration…(as long as I book the long put gains late on expiration day and let the shorts get exercised)
Still holding short 82.5 puts from original strangle….
BIDU
#SyntheticStock #IRA – Weekly sale not quite going to expire today…
Rolled BIDU DEC 8 2017 235.0 Calls to DEC 15 2017 240.0 Calls @ .40 credit (4.85 accumulated premium on this one)
SVXY
#ShortPuts – Bottom of the Jan ladder starting to get taken out…
Bought to Close SVXY JAN 19 2018 35.0 Puts @ .25 (sold for 1.28)
TOS range bars
Thank you @hcgdavis for pointing these out! Even without day trading I think these are going to help a lot with entries. Had I been watching them could’ve easily waited a little before selling that SPX put. When red turns green sell it!
BTW…just swing trading the second bar of a color change on a slow mover like BIDU since Dec 1st would’ve made (you do the math) on 200 shares. I know…woulda coulda shoulda but something I’ll be watching…especially for catching some reversals on XIV and SVXY on those crazy days.
SPX
#RocketManHedge – Booking and selling…this sale completes the covering of max loss on the hedge with another month to run. After this I’ll start giving it a little more downside room. Make a little but keep a strong hedge though Jan expiration.
Skipping Friday since it only trades thru Thursday close. Selling the following Monday instead.
Bought to Close SPX DEC 8 2017 2625.0 Put @ .15 (sold for 7.10)
Sold SPX DEC 18 2017 2625.0 Put @ 5.40
EWZ
Sold EWZ Dec15’17 40.5 calls at 0.29. Wish I’d sold them on Wednesday but my crystal ball was broke.
Another LONG SPX
#SPXcampaign Since I have a long $SPX spread expiring at full profit today, adding a new one with the possibility of a further rally shaping up for next week.
Bought SPX Dec 15th 2665/2685 LONG call spreads for 3.00.
Also, closed on GTC order:
SPX Dec 22nd 2495/2470 put spreads for .20. Sold for 1.45 on Nov 21st.
TEVA Covered Calls
Sold $TEVA Jan 19 17.50 calls @ .53
Futures UP
#Markets #SPXcampaign Jobs report surging the markets higher. If the day remains positive and VIX drops, we are setting up for a new Upside Warning next week. This could mean a rally toward 2700 into the end of the month, which is typical for December. I’ll be watching to once again #ReverseRoll call spreads and get long.
November JOBS report
+228,000 non-farm payroll jobs, vs 200K expected
Unemployment holds steady at 4.1%
U6 unemployment up one tenth to 8.0%
Wages up 0.2%, one-tenth below estimates, totaling +2.5% for the year
Labor force participation holds at 62.9%
Today’s Trades
This working for a living thing is really cramping my ability to trade and post.
At lunch today I was able to place a couple of trades that filled this afternoon. Took a little risk off the table and booked some profits just in case tomorrow got ugly.
$EA BTC Dec 15 $101 puts @ $0.60, break even, don’t like the way the these stocks have been trading.
$FB BTC Dec 15 $170 puts @ $0.38, sold for $0.93, still have more sold at $1.72
$UVXY BTC Dec 8 $12.5 calls @ $0.55, sold for $1.20 as part of a $12.5/$13.5 spread. Closed the $13.50’s for a small profit yesterday, never got a chance to post.
SPX Campaign / Short Puts / Long Calls / Short Calls
#spxcampaign
$SPX STO 12/18 2665/2640 BECS @ 8.70
$SPX STO 1/5/2018 2730/2705 BECS @ 1.55 Thank you @jeffcp66
#shortputs
$BA STO 12/29 270/275 BUPS @ 1.00
$GS STO 1/19/2018 230/240 BUPS @ 2.06 Helping pay for
#longcalls
$GS BTO 1/19/2018 245/255 BUCS @ 4.20
$IWM BTO 1/19/2018 154 calls @ 1.60 Dr Science idea at OMM
#shortcalls
$LABU STO 12/8 73 calls @ .90 (covered)
For you falling knife traders,…
For you falling knife traders, looks like SWKS finally put in a bottom the last 2 days.
Imagine This
@fuzzballl —- Imagine a room full of 10 talented beautiful women option traders debating the merits of your #syntheticstock diagonals. Some of the women like the LEAP setups, some don’t (me). My thought is if there’s a melt up move on bullish setups, I’d rather close everything (for profit) than roll short-dated positions for significant debits. If I expect a full close in 3-4 months, why do LEAPs . All of these women say “thank you” by the way for your ideas and posts.
Sue
ADSK
#ShortStrangles – An #Earnings play that turned into strangles. Oversold the call side and now seeing a nice bounce. Booking this week’s.
Bought to Close ADSK DEC 8 2017 111.0 Calls @ .27 (sold for .85)
SVXY
STO February 16, 55 puts @1.30
AAOI
#ShortStrangles – If there’s one thing I’ve learned this year (it’s lead to my 3 biggest losers of 2017) is to not chase short puts up on a rising stock too aggressively. A massive whipsaw can ensue leading to chaos. OK…maybe that’s a little dramatic but…making a big adjustment, limiting downside risk, and settling in for the long haul of selling weeklies to get back to at least even.
Rolled AAOI JAN 19 2018 80.0 Puts to JAN 18 2019 80.0 Puts @ 5.17 credit
Bought AAOI JAN 18 2019 20.0 Puts @ 3.20
Pocketing nearly 2 bucks on the roll/protection. Now…I’m limited to a 60 point loss and I’m free to sell non-aggressive weeklies without worry of max loss (bankruptcy?…don’t trust these types of places)
So far I’ve accumulated 25.40 in premium to this point so still 34.60 in the hole if it goes to zero (less than that if it recovers over the next year). Using the 34.60 as max loss and 58 weeks to I’ll be looking to sell about 60 cents a week. It’s a long haul but worth it to turn around a loser if I can.
BTW…TDA margin is 975 on 3 contracts to hold this trade so not a big deal..
Opening trades:
:
SPX: #rocketmanhedge thank you @fuzzballl Feb +2635 put, -2635c, +2640c for 40.15 net, -Dec 2605p for $5.40, Basis = 34.62.
COT: Last month there was a day with 4 large block trades totaling over 4 million in shares. It sparked a lot of call activity. I’ve been waiting for closer to 13f releases for Dec to see if call activity picks up again, it sure did today, so I have a little spec play on for COT for next week. 17.5 calls for .34
MAR: #JadeLizard for next week Dec -126p/-130c/+132 c for 1.21 net cr, 50% target
TJX: Added #BECS to #BUPS to convert to iron fly for defense
Closing Trades:
BA #Bitty Closed at 50% target, sold at .50, bought at .25
TTWO #BUCS Bought 2.65 sold 3.10 net .45/contract
FB #shortputs covered for 50% Sold at 1.10, covered at .55
NVDA #JadeLizard from last week is beginning to cover for 50% Sold 185/205/207.5 for 3.62, cover order is partially filled at 1.62
PCLN
BTC December 15, 1550/1950 strangle @ .65 cents. Sold @ 6.80 thanks to Fuzzball for the idea.
SWKS rolled 22 DTE 107…
SWKS rolled 22 DTE 107 call to 104 at 36DTE for 0.75 credit.
Rolled the 104 22 DTE put to 36 DTE 104 put for 0.4 credit.
Now have straddle at 36 DTE at 104 and strangle at 102/107 29 DTE.
May have to invert if it keeps dropping but more likely pick up some leaps just to release some margin. Can get $ 7 credit for the ATM straddle now 29-36 DTE, would be quick to cover the leaps.
Wont decide until after my bike ride.
BTC (Bitcoin)
SPX calls sold
#SPXcampaign. Filled on two call spreads on the spike to new HOD:
Sold $SPX Dec 18th 2640/2665 call spreads for 8.75
Sold $SPX Jan 5th 2705/2730 call spreads for 1.50
AMZN spread
BTC AMZN December 15, 810/850 bull put spread for .05, sold at 2.30
Just taking risk off the table and freeing up margin.
#spxcampaigne BTC 2425/2525 BuPS 15…
#spxcampaigne
BTC 2425/2525 BuPS 15 DEC 2017 for $0.65
STO 2455/2555 BuPS 18 DEC 2017 for $1.30
I have been milking this for a while
.SPX Spreads
BTC 2425/2525 bull put spread @ .60 cents, sold @ 2.00
I don’t do many of these but they can be fun from time to time.
Trade day
Rolled a bunch of small SVXY positions, 100 puts this week to 15 DTE for credits of 1.85, 1.89, 1.88. Sold for 4.2, 4.05, 4.15 on last vol bump.
Rolled TQQQ 120 puts from tomorrow to 15 DTE for 1.49 credit. Sold for 1.35.
Even on a big down week with WDC, SWKS and still adjusting GILD made $3482, just have to love theta decay! Down on the computer screen but net worth still climbs.
1 week DTE for you other Stars Wars fans out there! And there should be skiing in the mid atlantic next week, finally cold enough 🙂
Nothing else for me until next Thurs. Lots of expirations next week. Hope everyone has a good close to the week and a fun weekend!
SPX Campaign and Covered Call Closed Early / Short Puts
Closed Early
#spxcampaign
$SPX BTC 12/8 2555/2580 BUPS @ 92% profit
$SPX STC 12/8 2620/2640 BUCS @ 12.00 BTO 11/27 @ 3.25 Thank you @jeffcp66
#coveredcalls
$SQ BTC 12/15 50 call @ .05 STO @ 2.17
#shortputs
$EXAS STO 12/15 put @ 2.40
FB covered calls
#CoveredCalls #LongStock
On Tuesday, closed $FB Dec 15th 185 call for .15. Sold for 1.53 on Nov 24th.
Today, sold Dec 29th 182.5 call for 1.60.
AVGO
$ShortPuts – Selling the put side on the little dip and looking to leg into the #ShortStrangles . Fairly short time frame with a holiday mixed in and could be a little residual IV left over from earnings also.
Sold AVGO DEC 29 2017 250.0 Put @ 1.90
AVGO
#Earnings – Taking advantage of the little pullback to book the winner. I might be early…or not 🙂
Bought to Close AVGO DEC 8 2017 255.0/265.0/275.0 Iron Fly @ 5.69 (sold for 7.82)
DUST another call
#ContangoETFs. Filled at the bell: $DUST March 44 call for 1.25. It was the highest strike a couple days ago, but now they’ve added the 45.
More DUST calls
Some new strikes have been added. Sold:
$DUST Mar 16 2018 45 calls @ 1.20 (new highest strike)
$DUST Jun 15 2018 45 call @ 2.80 (new highest strike)
$DUST Jan 18 2019 50 call @ 5.20 (adding at highest strike)
Non financial article about bitcoin,…
Non financial article about bitcoin, sure uses a lot of energy. I suppose when the energy to maintain it is more than the value that is when the bubble will burst. Now, wish I had bought 100 share in 2011, now worth 4 million.
Dec 6th Trades
Pretty quiet trading day for me, thanks again for everyone’s good ideas:
1. Took the HD BePS profit I was expecting this morning (Bought 1.09, sold 1.59)
2. Bought PIR long calls for Earnings run up (closes 1 day before earnings), target 40%
3. SHAK BePS for retracement from extreme up move, .84 debit, target 50%, trade is green
4. BA BePS for retracement from extreme up move, 1.21 debit, 50% target, trade is red
5. ADSK #ShortPuts for Mar, thank you for the idea @jsd501
6. I’m keeping 2 short /ES contracts hedged with short puts, rolled short puts to next week for additional credit. This “Z” contract will run out pretty soon.
7. CVX closed BuCS for 50% loss (I’m testing using “probability of touch” as a stop on debit trades)
8. RCII There was an almost 10,000 contract opening call sale today for Jan 13 calls, so I bought a BePS Jan 13/11 for 1.14 (paid less than intrinsic). Following the “smart money” fund flow on this (I realize this may be Trader setting a hedge vs a spec trade, but it’s limited risk)
9. New NDX #Bitty Dec 29 6125/6120 for .85 cr, 50% target
Active Greens: ADSK, AFL, AMC, BBY, ETFC,FB, LRCX, MNST, MSFT,NDX,NTNX,ORCL, SHAK, TTWO,
Active Reds: AAPL, ALGN, DLTR, JPM, LMT, NUE, PIR, QQQ, SPY, ULTA, /ES, BA (net green)
3% return on capital today
AVGO earnings
#Earnings – I’ve got the AZO winner in the bank so rolling the dice on all my RH profits with a defined risk iron fly 10 wide with an expected move of 11.75. Risk about 2 to make 8. Leaning slightly bullish with the stock sitting at support.
Sold AVGO DEC 8 2017 255.0/265.0/275.0 Iron Fly @ 7.82
BTC…where does this end?
https://www.cnbc.com/2017/12/06/bitcoin-tops-13000-surging-1000-in-less-than-24-hours.html
NVDA
#SyntheticStock -Been waiting for some sort of a pullback to get in this long term Whiz style (although he prefers the #LongCallDiagonals for some reason).
Sold NVDA JAN 17 2020 190.0 Puts @ 37.75
Bought NVDA JAN 17 2020 190.0 Calls @ 43.70
Adding tight disaster puts. If it implodes I’ll roll this down and re-invest the profits back into more longs.
Bought to Open NVDA JAN 17 2020 185.0 Puts @ 35.05
This gives a net debit of 41.00 for the Jan 2020 position. Add the 5 point max downside and get a max loss possibility of 46.00. Based on that, and the 110 weeks remaining in the trade I only need to average about 42 cents per week in sales to cover the absolute worst case scenario. And…NVDA has great weekly premium.
Sneaking my first sale in this week to cover the small DIS loss:
Sold NVDA DEC 8 2017 195.0 Calls @ .48
HSIC
#ShortPuts #IRA – Already dealing with UAA so keeping this one on a short leash with the AMZN rumor today. One contract small loss and moving on. I’d re-post the chicken if it wasn’t so big!
Bought to Close HSIC Apr 20 2018 60.0 Put @ 1.95 (sold for 1.75)
Trading DIS for NVDA
#SyntheticStock – As @1strangealien and I were discussing down below I’ve bailed on DIS for a small loss and established a new position in NVDA (one of my favorites). Decent liquidity and great premium for weekly selling against the long term position.
DIS details: (I’ll post seperately with the NVDA details)
Sold to Close Jan 2020 100 strike synthetic stock @ 6.90
Sold to Close Jan 2020 90 strike disaster puts @ 5.50
Bought to Close Jun 2018 105 calls @ 6.70
Net credit of 5.70 plus front month premium received of .40 so 6.10 total. Cost to enter the trade was 6.63 so final numbers work out to a loss of .53. I’ll roll that into my NVDA cost and have it made up this week. LOL Hate a loser but really wanted a crack at NVDA so happy to close it.
CNBC saying sell
#Markets
Guys on Fast Money talking about a lot of selling happening to realize gains in 2017 before next year and the new tax plan. May be reason for drop in last 25 minutes.
RH call
#Earnings #ShortStrangles Sold $RH Dec 29th 120 call for 1.30, giving me a strangle, after selling the 85 put for 1.65 earlier.
SVXY
STO January 12, 70 put @ 1.30
STO January 5, 70 put @ .95
GWW
STO July 155 put @ 1.30, Hat tip to Iceman.
ADSK
STO March 90 put @ 2.15 on 1 contract.
#SyntheticStock BTC EWZ Dec08’17 41…
BTC EWZ Dec08’17 41 calls for 0.07, Sold last week for 0.32, waiting to sell for next week.
Rolled DIS Dec08’17 103 call to Jan05’18 104 call for 0.35 credit. Still short a Dec29’17 101 call.
Getting some stuff done early, the boss will be peering over my shoulder next 2 days.
ADSK
#ShortStrangles – Getting a jump on next week in case the 200ma doesn’t hold. Selling weeklies to lower basis in Jan 120 puts..
Sold ADSK DEC 15 2017 109.0 Calls @ 1.21
EWW
#ShortStrangles – Booking a little and a delta adjustment. Still slightly long…
Bought to Close EWW DEC 15 2017 51.0 Calls @ .19 (sold for 2.05)
Sold EWW DEC 22 2017 49.0 Calls @ 1.15
Selling weeklies against Jan 54 puts
SPX long calls closed
#SPXcampaign Closed half my longs:
Sold to close $SPX Dec 8th 2620/2640 calls for 11.50. Bought for 3.50 on Nov 27th. Holding the other half to see what happens. I’m not too optimistic for much more upside this week, but I’m up for anything.
LRCX
#ShortStrangles – First time in this one. Staying small…
Sold LRCX JAN 12 2018 160.0/200.0 Strangle @ 4.30
Options Bistro 