$BMY #ShortCalls – Sold BMY Dec 9 2016 57.5 Calls @ 0.39. Paired with a number of short puts going all the way out to the Dec monthly expiration.
Recent Updates Page 472
$UVXY #CoveredCalls – Sold UVXY…
$UVXY #CoveredCalls – Sold UVXY Nov 11 2016 26.0 Calls @ 0.23
$SVXY
Sold to open Nov 18th 65 Put @ 1.25.
$UVXY
Looks like the spike is subsiding already, added a couple more small trades.
STO $UVXY Nov 11 $22 calls @ $0.30
STO $UVXY Nov 18 $22 calls @ $o.50
$UA #ShortPuts #FallingKnife – Sold…
$UA #ShortPuts #FallingKnife – Sold UA Apr 21 2017 27.5 Puts @ 1.50
Whew…
Sorry about all the posts…LOL Very good chance I’ll be unavailable tomorrow so taking care of some housekeeping. Now to look at some of the earnings ideas.
REGN adjustment
Rolled 377.5 put to next week 370 @ .25 credit.
Still sitting on this week’s 372.5 call (sold for 4.00). Depending on where it ends up (hopefully expired) I’ll be selling another call at some point next week. Earnings next Friday so we’ll see where it is then.
IWM adjustment
Original position of Nov 113/127 strangles @ 1.60
Even with IWM down the 113 puts still look fairly safe just below the 200ma. Calls were almost worthless so rolling them down to the 50ma which appears to be rolling over a little. Counting on some resistance there…
Rolled IWM Nov 127 calls down to 122 for .76 credit.
GLD adjustment
Rolled this week’s 120 calls to next week 120.5 calls @ .14 credit. Still selling against Nov 122 puts. Gradually reducing basis while bringing in nice weekly premium.
WYNN adjustment
Unless something crazy happens this week’s 97’s should go out worthless (sold for 1.79). Replacing with:
Sold WYNN NOV 4 2016 95.0 Calls @ 2.80
Still selling against some ITM puts so should be an interesting earnings next week.
DUST calls for next week
Borrowing an idea from Jeff, from yesterday, I sold $DUST Nov 4 50 calls @ 1.00.
TLT adjustment
Bought to Close TLT OCT 28 2016 133.0 Calls @ .02 (sold for 2.38)
Then:
Sold TLT NOV 4 2016 130.5 Calls @ 1.10
Used that premium to roll Nov 136 puts to Dec 134. Did the whole package for .06 credit. Reduces delta a little and now have about 6 weeks worth of weekly selling against them.
TSLA iron fly
Closed for 6.79…sold for 6.15 so a .64 loss. Worth a shot since it was a big winner last quarter. Get ’em next time!
GOOGL earnings
#Earnings I have skipped this one last few quarters as its options chain doesn’t provide the opportunities that AMZN or NFLX do. Even PCLN is easier. Any ideas?
July 28, 2016 AC 3.32%
April 21, 2016 AC -5.41%
Feb. 1, 2016 AC 1.31%
Oct. 22, 2015 AC 5.60%
July 16, 2015 AC 16.25%
April 23, 2015 AC 2.90%
Jan. 29, 2015 AC 4.73%
Oct. 16, 2014 AC -2.59%
July 17, 2014 AC 4.18%
April 16, 2014 AC -3.64%
Jan. 30, 2014 AC 4.01%
Oct. 17, 2013 AC 13.79%
Average: +/- 5.6%
AMZN earnings trade
#Earnings Sold to Open $AMZN Oct 28th 750/930 strangle for 2.66. Had an order in two sell two at 2.65, but only one filled for 2.66.
$SVXY #ShortPuts #OptionLadder – since…
$SVXY #ShortPuts #OptionLadder – since I’m overloaded with short calls I’m selling puts with no additional margin requirements.
Sold SVXY Nov 4 2016 65.0 Puts @ 0.20
Sold SVXY Nov 4 2016 64.5 Puts @ 0.20
BIDU earnings trade
#Earnings Sold to Open $BIDU Oct 28th 165/175/185 iron butterfly for 7.40. Max risk: 2.60. Breakevens at the close Friday: about 167.50 and 182.50; about 4% either way. Profit anywhere between.
$VXX $UVXY
STO Nov 18 $VXX $43 calls @ $0.35
STO Nov 18 $UVXY $25 calls @ $0.35
Made a couple of small trades on the small spike this morning, just in case it is very short lived, as has been the trend lately. Will add positions if this turns out to be a bigger spike.
$GDX $GLD
Gold miners are pretty weak today given that gold is flat to up a smidge.
#FallingKnife candidates – $ABMD $DVA
#FallingKnife candidates – $ABMD $DVA $WYN $UA
BIDU earnings
#Earnings Not as good with OTM premium. may try a 10-point wide IB. Any other thoughts?
July 28, 2016 AC -3.64%
April 28, 2016 AC 4.45%
Feb. 25, 2016 AC 9.84%
Oct. 29, 2015 AC 10.93%
July 27, 2015 AC -14.99%
April 29, 2015 AC -8.54%
Feb. 11, 2015 AC -4.49%
Oct. 29, 2014 AC 5.54%
July 24, 2014 AC 10.88%
April 24, 2014 AC 1.98%
Feb. 26, 2014 AC 3.48%
Oct. 29, 2013 AC 3.46%
AMZN earnings
#Earnings Looking at 750/930 strangle. Wit stock at 822.00, these strikes are 8.8% and 13.1% OTM respectively. Over last three years: Biggest UP move: 14.1%, Biggest DOWN move: -11.0%, Average move: 9.2%.
July 28, 2016 AC 0.82%
April 28, 2016 AC 9.56%
Jan. 28, 2016 AC -7.60%
Oct. 22, 2015 AC 6.22%
July 23, 2015 AC 9.79%
April 23, 2015 AC 14.13%
Jan. 29, 2015 AC 13.71%
Oct. 23, 2014 AC -8.34%
July 24, 2014 AC -9.64%
April 24, 2014 AC -9.88%
Jan. 30, 2014 AC -10.99%
Oct. 24, 2013 AC 9.38%
Thoughts?
Earnings today AMC on GOOGL,…
Earnings today AMC on GOOGL, BIDU, AMZN
CMG roll
#Earnings Yesterday I rolled one of my CMG Oct 28th 370 puts to Nov 18th 355 put, with a 1.00 debit. I plan to sell a Nov call to make up that 1.00. Waiting to see the action today before acting on the other put.
T
STO January 35 puts @.75
BMY puts
$UA #ShortPuts #FallingKnife – Sold…
$UA #ShortPuts #FallingKnife – Sold 1 UA Apr 21 2017 27.5 Put @ 1.45
AAPL iron butterfly
#Earnings BTC $AAPL Oct 28th 118 calls for .09. Clearing my upside risk for this stock to rise into Friday. Full 112/118/124 IB sold yesterday for 4.14.
TSLA earning trade – http://screencast.com/t/cmoBmiECmaP…
TSLA earning trade – http://screencast.com/t/cmoBmiECmaP . what do you think?
AAPL Earnings
BTC 10/28 112/118/118/124 Iron Fly @ 2.80. 1 day profit of $133.
$CMG #ShortPuts – sold these…
$CMG #ShortPuts #FallingKnife #ScalpTrade – sold these with the stock at 364.54. These expire Friday
Sold CMG OCT 28 2016 350.0 Puts @ 0.90
Sold CMG OCT 28 2016 345.0 Puts @ 0.40
$CMG #ShortPuts – Sold 1…
$CMG #ShortPuts – Sold 1 CMG Oct 28 352.5 Put @ 1.10 with the stock at 365.94. Looking to sell more or lower strike Puts
TSLA earnings
Looking at iron flies. Maybe 7.5 wide on 11 dollar expected move?
AMZN GOOGL Earnings-anybody interested in…
AMZN GOOGL
Earnings-anybody interested in rolling the dice?
DUST
STO November 25, 55/65 bear call spread @0.90 cents.
SPX is whipsaw Heaven today.
Is this Index ever going to make up its mind?
Well as long as it remains in the “Box” we are good.
UA roll
Extending duration on another earnings trade gone bad. Rolled $UA Oct 28 35 puts out to Nov 18 (same strike) for .20 credit.
CMG roll
This one obviously did not bounce so I rolled down and out. Rolled $CMG Oct 28 370 puts out to Nov 18 360 puts for 2.05 credit.
SPX call spreads
Bought to Close SPX OCT 28 2016 2170.0/2180.0 Bear call spreads @ .20 (sold for 1.25)
DUST call spreads
Sold DUST DEC 16 2016 55.0/65.0 Bear call spreads @ 1.32
DUST calls
#ContantoETFs STO DUST Nov 4th 50 calls for .75
AAPL i closed the AAPL…
AAPL
i closed the AAPL IC, made $121
AAPL new strangle
Looks like I’ll be out of the earnings trade so selling another strangle. Had to use a weekly expiration to get single point strikes.
Sold AAPL DEC 2 2016 110/123 Strangles @ 1.42
SPX calls sold
#SPXcampaign Sold to Open $SPX Nov 25th 2215/2240 call spreads for 1.30, with SPX at 2140.
CMG adjustment
Bought to Close CMG OCT 28 2016 410.0 Call @ .35 (sold for 5.30)
This was the inverted side of a strangle paired with a 430 put. Obviously the put is DITM now so looking to roll it out and down and then hammer it with weekly call sales. It’s not really as bad as it looks though. The put has accumulated 27.35 in credit after numerous rolls as well as plenty of call premium collected against it. As long as CMG doesn’t go to zero it should be alright…
AAPL earnings strangles
Busy morning….just getting in and seeing what got filled this morning.
Bought to Close AAPL OCT 28 2016 123.0 Calls @ .02
Waiting for the 113 puts for now…
Sharing a strangle that I’m…
Sharing a strangle that I’m placing in paper money. Let know what you think. AMZN earnings are tomorrow. AMZN Oct 28 925/735 1.67 credit. I have been testing these by putting them on the day before.
$UA #ShortPuts #FallingKnife – started…
$UA #ShortPuts #FallingKnife – started getting strike 30 and 27.5 short Put orders off today. Stay on the offer side of the quote and they will come to you
CMG I had a 370/360…
CMG
I had a 370/360 put spread on Chipotle, closed it, taking a loss of $147, please send 12 packs to my address when it bounces at 370 thank you.
Can’t win em all.
V are well still holding…
V are well still holding 83/85/83/81 IC expiring 10/28/2016
Short Puts on LUV
$LUV Getting creamed post-earnings. I wouldn’t mind owning this under 35. Sold $LUV Nov 18 35 puts @ .40.
FB puts
#Earnings Starting to ell some puts against my short stock into earnings:
STO $FB Nov 4th 124 put for 1.30
STO $FB Nov 4th 126 put for 1.85
Adding CMG puts
Sold $CMG Nov 18 350 puts @ 2.65. Will look to manage this week’s 370 puts when the bounce comes (hopefully while the options are still out of the money!)
Earnings results
#Earnings Looking pretty good so far for neutral plays on CMG and AAPL!
AAPL and CMG fills.
AAPL 124/118/118/112 for 4.13 credit
CMG 450/445/370/365 for 1.35 credit
SPX puts sold
#SPXcampaign Sold to Open $SPX Nov 4th 2090/2065 put spreads for 1.90, with SPX at 2142. This is a bonus spread expiring next Friday.
More puts on ILMN
I think this one has earned the #FallingKnife tag.
Sold $ILMN Mar 17 2017 95 puts @ 1.45.
CMG & AAPL earnings
#Earnings Following @Ramie, STO $CMG Oct 28th 370 put for 2.35. Will sell another, but want to see if premium might rise more.
Following @optionshane, STO $AAPL Oct 28th 112/118/124 iron butterflys for 4.13.
DUST
Ok. DUST has ground me into dust today lol. See posts from yesterday. Would you guys stick with it or just dump it all and take the loss? My position is small. But it did get pounded today. Seems like gold may go higher for a bit.
In a nutshell: Yesterday I bought stock for 41.66, sold a oct28 42 call against it, and sold a oct28 42 put. If I hang on and am assigned shares on Friday my cost basis will be 39.49.
CMG earnings
CMG reports tonight also. I’m not doing anything though since I’m already in a strangle I’ve been rolling around.
AAPL BTO Oct 28 118/121…
AAPL BTO Oct 28 118/121 BuCS 112/109 BuPS @.98 debit 2 to 1 reward risk ratio. Small position to hold over earnings.
NUGT calls
Sold $NUGT Dec 2 (weekly) 21 calls @ .65
AAPL strangles
Not necessarily an earnings trade but if it works out then great! I’ve been wanting to add some strangles to trade around on this thing so earnings seems like a good place to sell the starter.
Sold Oct 28th 113/123 strangles @ 1.40
My turn to share -…
My turn to share – I am learning to trade another type of butterfly called fly on points. On the day before Jobs data comes out – Nov 4 which will be Nov 3, I am going to put on this fly on SPX –
1. buy 1 OTM call at 25 delta
2. sell 3 further OTM calls at 15-20 delta which if 10 points above #1
3. buy 2 even further OTM calls – 20 points above #2 or approx 7-10 delta
You should get a credit and the goal is too keep 100% of credit received. If you lose 2X credit, get out. You much check on trade at least once per day. You must get out of trade by last week of month expiration day. Here’s an example.
http://screencast.com/t/bNufiAUETs
AAPL #earnings
AAPL
#earnings Is anyone doing an earnings trade on AAPL? Ryan w/ TT sold an Oct 28 Iron Butterfly 112/118/124 @ 4.12. Wondering if I should follow. Any recommendations?
SPX trading with Whiz
Bear call yesterday and bull put today for this Friday. I’m much safer and wider wings than him but kinda using his idea.
2170/2180 @ 1.25 BeCS yesterday
2125/2115 @ 1.30 BuPS today
$DUST
Added 1 more
STO Nov 18 $65 calls @ $0.60
$DUST
Hey @fuzzballl, did TD Ameritrade make a change to margin requirements on these instruments? Last week when I was looking at some trades, the margin requirement was huge. This week I’ve put on a couple of trades because the margin requirement is only a fraction of what it was a week ago. I’d guess that it is about 1/3 of what it was. Reference our conversation last week on the topic.
Just curious if you have seen this as well. At least in my account, something definitely changed.
$MYL #CoveredCalls – Sold MYL…
$MYL #CoveredCalls – Sold MYL NOV 11 2016 41.5 Calls @ 0.56
$SVXY #ShortCalls #Leaps –Sold 1…
$SVXY #ShortCalls #Leaps –Sold 1 SVXY Jan 19 2018 155.0 Call @ 5.20 adding to my position – Highest available strike price
$DUST
STO Nov 11 $60 calls @ $0.70
UA puts
Sold UA Dec 16 32.5 puts @ 1.30
FB Curious as to what…
FB Curious as to what others are doing. Earnings are Nov 2. I have been holding Jan 120 calls and Nov 130 calls. Both are profitable but not quite doubles yet. Thinking to hold the Jan 120 but looking for advise on hedging strategies and perhaps the hedge on Nov or rolling out these for more time.
SPX puts sold
#SPXcampaign Sold to Open $SPX Nov 25th 2025/2000 put spreads for 1.55, with SPX at 2150.
Looking for some advice here….
Looking for some advice here. I have Nov 18 QQQ 212/123 bear call. It’s going against. Any advice as to how to manage?
