$EWZ 29 put Thank you @fuzzballl
$WORK 30 put
$T 30 put
$NEO 30 put
$SNAP 21 put
$PTON 55 put
$SPCE 18 put
$MRNA 75 put
$PFE 34 put
$CODX 20 call
$FB 255 call
$PTON 63 call
$SPX 1 DTE Thank you @jeffcp66
$BYND 144/155 BUPS Expired Total loss.
$TSLA 1470/1490 BECS Expired Full full loss
$AMZN 2570/2590 BUPS Expired Full profit
$ZM 190/210 BUPS Expired Full profit
$DFEN 18 put assigned. Basis 16.85. Stock at 11.90. Go aerospace, please.
$PFE 36 call called away
$NEO 25 puts
$T 28 puts
$CODX 15 puts
$SDGR 60 puts
$TQQQ 60 puts Thank you king of the TQQQ @jsd501
$CCL 16 put
$SPY 280 Thank you @fuzzball
$SQ 88 puts
$SDGR 65 puts
$MRVL 35 call
$AMZN 2280/2300 BUPS
$ROKU 120 calls
$ROKU 112 calls
$PLAN 40 calls
$DDOG 45 calls
$SDGR 55 calls
$MRVL 32.5 calls
CCL 15 put
LB 15 put
WFC 27 covered call #assignment
XOM put ratio spread
Recent run up in stock to $8.66. Details on the CC position established in April are below.
I was assigned short 100 shares of IVXY from an April 17, 25/35 short call spread sold February 27 for 1.65. I sold the long call for 16.20-Yay. My cost basis is just under 43, UVXY is around 51.
I was assigned 100 shares of AAPL from an April 17, 255/260/325/330 IC. It’s in a small account which put me in a margin call. After selling the stock for 241 and the long put I somehow made money, luck counts.
UVXY March 13, sold March 27, 80/90 call spread for 1.64, bought today for .55
SPY March 16, sold April 17, 175 put for 2.33, bought today for .89, thanks fuzzball
#SPX1dte I didn’t sell a Monday condor because I’ve been bitten twice recently. I also maintain that we still have farther to go down.
Expired this morning: $SPX March 19th 2125/2150-2575/2600 (monthlys) condors, sold for 2.20 Thursday morning.
Expired at the close: $SPX March 20th 2170/2190-2635/2655 condors, sold Thursday afternoon for 1.85.
$NUGT BTC 2/28 33 call and STO /20 36 at .58 debit.
$SAVE 45 put
$CVS 75 put
Take care everyone.
$EXAS 105 call
$ROKU 135 call
$ROKU 130 call
$LK 41 call
$ZM 73 call
$RACE Long call. BTO at $4.00. Car never started.
$SPX 1 DTE 3210/3190/3305/3325 I think. My account shows it at a loss for the put side. See on Monday.
$ZM 73 call Called away
$MRVL 27 put Basis 26.50
$LK 37 put Basis 35.30
$LABU BTC 2/7 51 calls at 1.10. STO on 1/28 for 2.80.
$T BTC 1/31 37.50 put and STO 2/7 37.50 put at added .30 credit.
$APA Buy write called away profitably
$PTON 35 Thank you Ramie
$NEO Long call assigned at $30. Basis 30.65. Stock at 32.05.
$BOOT $45 put assigned. Basis 43.15. Stock at 43.65
$EDIT 26/31 BUPS expired in the money when I was not looking. Stock assigned at 31. Basis 29.70. Stock at 30.64
$LABU Finally let it go at $55. Purchased at 50.65 on 4/30. Rolled calls for added gain of 3.70.
$STNE Called away as stock reached 42.04 at end of day and surpassed 42 covered call.
Enjoy the long weekend. Rest clears the mind. I hope. 😉
Sept. 5 sold an iron condor/ jade lizard for earnings, the short put was at 85, had an 80 put for some downside protection. I closed that too early. Through rolling etc and selling a Dec. 20, 65.50 call, I have a cost basis of 72.25. ZM stock is at 62.28.
#Earnings Sold $HD stock for 220.50.
Profit on trade: +0.38
Trades can work even when they initially fail… if you can carry the stock and hold it through dips. Not advised during a correction but it worked in this environment.
September 3, I sold a 92.50.95 put ratio spread. That date coincided with a decline in SBUX stock price to the low 80s. After a few adjustments I was assigned on a Dec. 20, 92.50 put. My cost basis 87.97 (haven’t done a very good job adjusting this). Today I sold a Nov. 22, 84.50 call for .33.
I don’t even drink coffee.
#earnings #closing #assignment FFIV TWTR MMM
FFIV sold double calendar for 1.00, bought Wednesday for .82
FFIV sold strangle for 2,07 on Wednesday, bought today for 1.34
MMM Wednesday bought double calendar for 1.02, sold today for 1.35
TWTR I will be assigned 100 shares at 38, sold an Oct. 25 straddle for 3.75. Rolling doesn’t bring anything, covered calls will help.
Letting LABU, TQQQ and TNA all be called out tomorrow. All profitable but I am exiting the triple game after seeing the tasty trade research.
Also staying out of earnings as much as I can. My earnings track record is not so good, lost on 8 out of 5 when I decided to stay out a few quarters ago. I will stay in them if I already have #fuzzy on.
Making enough money just doing #pietrades, #fuzzy, #hedges, and Pie trade #optionladder that I can stick with those. May be boring to some, but it is mechanical and it works. 2 accounts hit all time highs the last 2 weeks and both had SVXY in them. 2 down, 1 to go but that was the biggest loss and will take more time but on a portfolio basis I am back above my cost basis so technically all the losses have been covered 🙂
20 months to break even.
Plan not to ever do that again 🙂 🙂
And the hedges will help, see below.
This weekend I say good bye to an old friend, we weren’t friends at first, a very trying relationship, but we somehow worked it out.
In July of 2018 I sold a 76 put as WDC had dropped from around 106. I rolled to 75 and was promptly assigned at 75. Through put and call sales I was assigned 3 more times as recently as June of 2019 at much lower strikes. Option premium as been good, easy to roll, plus dividends made it profitable for my 200 shares to be called away at 55, making around $600.
Thanks to so many of you who have demonstrated how to roll and adjust, making lemonade.
$TNDM 70 calls (covered)
$TNDM 70 puts
$JD 32 calls
$NVTA 22.5 and 25 calls
$GOOS 55 calls (covered)
$CLX 150 calls (covered)
$PYX 20 calls (covered)
$HIIQ 25 calls (covered)
$SPX 5/17 2775/2795/2895/2915 IC
$ROKU 50/55 BUPS
Expired Full Loss
$NYT 26/29 BECS STO at 2.80 Apparently fake news sells 😉
$NVDA 175/180 BUPS STO at 1.68
$BABA 175/180 BUPS STO at 1.75
$TSLA 245/250 BUPS STO at 1.95
$JD 32/35 BUCS BTO at .85
$PANW 240/260 BUCS BTO at 7.80
$WYNN 135/145 BUCS BTO at 2.20
$HIIQ BTC 5/17 30 call and STO 6/21 28 call at 1.25 credit. Price at 23.72
$LABU BTC 5/17 45 call and STO 5/24 47 call at .40 credit. Price at 43.30
$EVTC BTC 5/17 25 call and STO 6/21 30 call at 2.30 debit. Price at 28.11
$BURL Called away at 162.50. Originally assigned at 167.50 on earnings trade. Over last three months wrote calls against for 7.00 per share. Worked out. Need luck and perseverance. I know my perseverance reserve is low and my luck not dependable. 😉
$SFLY Called away at 42.50.
Everyone have a restful weekend. I need it. All the best to all at THE Bistro.
Assigned this morning stock $2000 (Yikes) Fortunately stock had a good day and I could close
the 5/3 1190/2000 BUPS at .50 per contract less than a total loss. Sold on 4/30
$CVX STO 5/10 119 call at .78. Sold against 5/17 long 125 calls. The 5/3 120 calls expired. Sold for 1.52. If this expires the losing trade (so far) of the long call will be reduced by 2.30. They were bought for $3. And another week possible.
$LABU BTC 5/3 50 call and STO 5/10 51 call at 1.45 added credit (Covered) Thank you @hcgdavis.
$SFIX 28 call (covered)
$FB 195 calls
$HIIQ 31 calls (covered)
$SFLY 42.5 calls (covered)
$BEAT 60 calls (covered)
$LABU 58.5 calls (covered)
$DELL 57.5 puts
$AMZN 1470/1490 BUPS
$AMZN 1840/1845 BUPS
$CMG 720/730 BECS
$PYX 25 puts
$HIIQ 39 and 40 puts
Thanks to all that make this forum compelling.
Have a Joyous Easter, a Happy Passover or just a plain fantastic weekend. Or choose all THREE! 😉
$BURL Assigned shares at 165 and 167.5 via a bullish trade on earnings. Stock currently at 143.52. Plan to sell calls if stock stabilizes. Right now it looks to be made of lead.
$SOXL BTC 5/17 100 call and STO 5/17 125 call at even. Stock currently at 117
#earnings #assignment AAPL
In December I was assigned shares on 3 different trades from post earnings put spreads as AAPL went from 220 down to 145 from late October to the December market sell off, my timing being impeccable. Fortunately they were put spreads and the long puts provided significant support. I sold the last of the shares after selling covered calls, actually making a little on each set of shares. Whew
#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 assignment. September 26, back when selling puts seemed to always work, sold a Jan. 18, 27 put for 1.05, Jaunary 4, assigned, January 8 sold a Feb. 15, 25 call for .35. JBL then started going up. I was called away (for an .08 dividend) last night. All in all, a loss of $75.
One of my 2 lots of assigned AAPL had a cost basis of 156 after selling a Feb. 15, 160 call on Jan. 31. The shares were called away, I miss the dividend but I’m out with a gain.
Back in July I sold a Dec. NTGR 55 put, rolled it to January, then February, then March. It had become an NS option. I was assigned and also received 198 shares of ARLO, a spin-off. I was assigned at 41.25, even though it was a 55 put. ARLO is going for 3.83, but TDA says I was assigned at 6.93. I’m down about $500 on the two positions. Always something new.
I was assigned this week on WYNN, after selling a Jan. 18, 113 call and selling the long put my cost basis was 115.
WYNN has pushed above 115, I closed the position to avoid assignment costs, didn’t want to roll with earnings next week, have another 100 shares assigned at a higher cost basis, WYNN is a big mover, out with a loss of just under $200.
I’ve been traveling some, watching the carnage and getting assigned on many ITM put positions, turning me into a #coveredcalls guy.
From the correction, I involuntarily own shares of AAPL, AA, AMAT, AXDX, KORS, M, MAT, MRO, NKTR, SLB, T and X. You hedge fund managers can start a buying spree on any of these.
Denny’s still won’t go down.
#assignment yet again AAPL M
Assigned on AAPL, knew that would happen, basis is 174, sold Dec. 21, 170 call for .68
M assigned at 39, basis of 36.28, M at about 31
What me Worry
Apparently someone thinks I want to be assigned on ITM puts. Assigned on a 55 put, cost basis is 53.50, KORS currently at 38.39, think I’ll have a COORS or two.
Dec. 11, I was assigned 100 shares from a 185/187.50 put spread that was to expire tomorrow. I sold the long put and sold a March 14, 170 call for 2.06. AAPL is a little over 170 so I closed the covered call. I have made $45 after all is said and done from a put spread I had written off as a loser. I closed today because I have a 180/190 expiring Dec. 21. That one will take a little longer to get back to even.
Both put spreads were post earnings trades.
I already owned 50 shares in the copper miner (copper is important to batteries, solar and wind power so the price can only go up-riigghhht), assigned on a 40 put I’ve been trying to roll, cost basis of 151.667 shares is 41 after selling a Jan. 36 call.
#assignment again X
Assigned on a 35 put, originally sold in May and rolled, cost basis of 31.37. Sold Dec. 7, 24.50 call for .28
Assigned on a Jan. 50 call, cost basis of 47.39, rolled this out last June.
I’m starting to get a little tired of this, assigned 100 shares of NKTR from a Dec. 60 put, cost basis of 52.61.
I’ll be assigned the stock via 34 puts this weekend. This sale will put my cost basis at 31.00, so if called away it will be a 1.00 loss on the trade, which is okay, but hopefully I can get one more call sale in to profit.
Early July I sold a 75 put, rolled it on the way down to Oct., assigned last night, basis of 73.70 grrrr
$EXAS 51 call Stock called away. Covered my stock right before Pfizer collaboration announced. Stock at 75. The math (75-51) is not attractive. 😦
Have a great Labor Day for all that labor in the market each day. And the rest of us too.
Thanks for all the learning.
CAved in – sort of
$SPLK called away at 110 as stock after earnings zoomed to 123.69. My basis was 88. Good stock.
$NFLX 340/345 BUPS Total Loss
$FB 160/170 BUPS Expired worthless as opposed to total loss
$FB 155/165 BUPS Expired worthless
$SPLK 115 Call Covered
$TRTN 35 call Covered Stock taken away Basis 31
$DBX 32.5 call Covered
$AAXN 65 call Covered
$TNDM 28 put Thank you @honkhonk81
$M 8/17 40 puts Earnings trade gone awry. Perhaps profitable by Black Friday? Basis 38.95
$WTW 8/17 89 puts Earnings trade result. Will be waiting for the fat going back into account. Basis 85.20
$MZOR 8/17 70 puts rolled to 9/21 at even Getting dizzy from rolling this one
$NFLX 8/17 315/325 BUPS at 2.10 STO at 1.75
$SPX BTC 8/24 2760/2785 BUPS at 1.00 STO at 2.70 on 8/10 Thank you @jeffcp66
$GOOGL STO 9/21 1180/1190 BUPS at 2.81
Enjoy the rest of the weekend. Thanks for all the thought provoking discussions.
I was assigned 100 shares of WYNN from my rolled Sept 21, 155/165 put spread. Who would do such a thing(dividend)? https://www.youtube.com/watch?v=b9AOVdov5lE
$CRM Shares called away at 144. Basis 122.10
Way back in 2014 when I had no idea what I was doing and was losing money being so called “mentored” in options, (but mostly mentored in self promotion) I was assigned 300 shares of TWTR, 200 at 30 and 100 at 32 and down it went from there, this was a decent percentage of my account at that time as well. I sold a lot of options trying to dig out over the years. I only had 1 call sold when it popped in February so I sold 200 shares and rolled a 25 call to July. The shares were called away of course, ending the TWTR saga. All in all I made $64 on TWTR! Maybe not the best use of capital but I didn’t lose any of that money as I was learning, still learning thanks to the gang here. Let’s see, TWTR earnings are Friday hmmmm
#Earnings #Rolling BTC $RH 150 puts for 13.65. Sold July 20th 125 calls for 12.40. I’m actually looking for this one to fill the gap. It has tended to do that often after a big rise on earnings. I will add puts to this if we trade lower. I almost never get away from an earnings trade on this one easily.
$ROKU 6/29 46 put assigned. Basis 43.90 Today’s close 42.60
Have a great weekend.
I was assigned CRUS through the exercise of a short 45 put. This started as a put spread that went bad, sold the long and rolled the short to June 15, giving me a basis of 40.15, not bad if CRUS stabilizes, on to selling calls. CELG discussion below noted.
Sold $SPX June 14th 2795/2820 call spreads for 1.75
Sold $SPX May 31st 2650/2675/2750/2775 #CondorRoll for 6.70
#OptionsExpiration Expiring at full loss: Long 2770/2790 call spreads, bought for 1.29… Made a couple of profitable rounds with this spread but the remaining ones fizzled out.
#IronButterfly Sold to close $AMZN 1575/1600/1625 butterfly for .84. Bought for 2.95 on May 3rd.
#Earnings Closed remaining $A 65 puts for .75. Avg closing price: 1.10. Strangles (65/75) sold for .77 on Monday.
Closed $OLED May 18th 100 put for 5.70. Sold for 3.50 last week. In the hole on the rolls here… need to assess next week.
#VXXGame BTC $UVXY Jan 2019 70 call for .45. Sold for 6.50, avg price.
Expiring are long calls used as hedges, UVXY 40 calls (bought for .45) and 44 calls (bought for .21).
Expiring at full loss: a bunch of $VXX 30 puts, bought for the avg price of .12