SPLK’nked

CAved in – sort of

#assignment
$SPLK called away at 110 as stock after earnings zoomed to 123.69. My basis was 88. Good stock.

Expiration / Assigned / Roll / Closed Early / Trades

#optionsexpiration
$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

#assignment
$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

#shortputs
Rolled
$MZOR 8/17 70 puts rolled to 9/21 at even Getting dizzy from rolling this one
Closed Early
$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
Trade
$GOOGL STO 9/21 1180/1190 BUPS at 2.81

Enjoy the rest of the weekend. Thanks for all the thought provoking discussions.

#assignment WYNN I was assigned…

#assignment WYNN
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 Called Away

#assignment
$CRM Shares called away at 144. Basis 122.10

#assignment TWTR Way back in…

#assignment TWTR
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

A few trades

#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.

#Earnings #Assignment #PieTrades Assigned $YY stock when July 6th 110 put was assigned early. Sold July 13th 97 call for 1.25. I’ll turn this into a PieTrade for recovery.

#PieTrades Sold $MU July 13th 53.5 #CoveredCalls for 1.00

Expiration Taking Assignment of ROKU

#assignment
$ROKU 6/29 46 put assigned. Basis 43.90 Today’s close 42.60

Have a great weekend.

#shortputs #coveredcallcampaign #assignment CRUS I…

#shortputs #coveredcallcampaign #assignment CRUS

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.

Final trades and Options Expiration, 5/18/18

#SPXcampaign
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

#Assignment $AMAT 54.5 put, taking stock, will sell call next week. #PieTrades

VRTX closed

#Earnings #Assignment #IronButterfly #CoveredCalls
Sold $VRTX stock (100 shares) for 167.50.

Originally 160/167.5/175 iron butterflys (3) sold for 5.60 on Jan 31st. Closed most before expiration but forgot about one put, so assigned stock at 167.50. Sold today for the same price. With all premium selling and covered calls since then, total profit on the trade is $1,543.

Exercised Covered Call / Final SVXY Assigned

#exercised
$UPS Taken away at 110. BTO 2/16 at basis of 105.65. Plus received dividend.

#assignment
$SVXY Last 3 contracts. Will look to sell calls.

Options Expiration 3/16/18

#OptionsExpiration #Earnings #ShortStrangles #SPXcampaign #VXXGame #LongCalls #IronButterfly

— Expiring w/max profit —
$DG 84 puts
$OLED 140 calls
$TIF 109 calls

— Expiring w/max loss —
$SPX 2840/2860 long call spreads, purchased for 1.00 avg price.
$UVXY 91 long calls… purchased for 0.158 avg price… served me well as hedges against short calls
$SQ long 60 calls, bought for 0.964, avg price

#Assignment
$SQ 50 long calls, bought for 0.858, avg price. Taking stock (200 shares, cost basis 50.86) and adding it to #CoveredCallCampaign

$AVGO 255 long put – I exited one 265 short put for 9.10. Then, volatility at the close denied my fill on closing more, PLUS, we dropped below my long strike. So, this likely means one spread expired ITM, so a 10.00 debit (against 7.60 sale), but I will likely be assigned short shares based on the ITM long 255 put. Because I feel this may bounce on Monday, I’m buying shares after hours so the assignment will cancel out my position and I’ll be flat. This would amount to about a 2.50 loss overall on the trade.

Options Expiration… VIX Indicator

#OptionsExpiration #VXXGame
Only one #Assignment, my final $SVXY 90 put

#VIXIndicator — The VIX is reacting strongly to the upside at any sign of volatility. Although we spent the morning in cancelation territory, the Mueller spike sent up back above 19.00. So although we’ve been steadily rising, volatility is still hanging around.

Options Expiration 2/2/18

#OptionsExpiration #Earnings #IronButterly #ShortStrangles #SPXcampaign #CallButterfly

— Expired w/max profit —
$AAPL 177.5 call
$AMZN 1325/1660 strangle
$AMZN 1300/1675 strangle
$EA 110 puts
$FB 175 put

— Expired w/full loss —
$SPX long 2865/2885 call spreads (sad; this closed over 9.00 last Friday… but zero today)
$MCD 177.5/180/182.5 call butterflys
$AMD 12.5/13/13.5 iron butterfly (I lost $10)

#Assignment
$AAPL 175 puts, taking stock
$BABA 200 puts, taking stock
$VRTX 167.5 put, taking stock (I closed one put for .60, but forgot to close the other before the bell)

TRTN

#Assignment Assigned at 40.07 on Nov 17 45 put, collected 3.12 premium opening trade. Shares trading at 38.79 will keep divy stock, ex-div Nov 11, unless it moves to tank zone….

Oops

#assignment
Assigned on expiring $MZOR 60 put. Apparently stock went below $60 after hours. Option expiration never sleeps. Not an issue since my intent in selling these puts was to acquire some stock.

STMP assigned

#Earnings #Rolling #Assignment #LongStock

Before I had a chance to roll my $STMP Nov 17th 200/185 ITM put spreads, I was assigned 100 shares at 200.00. I sold the corresponding long put today for 9.35, so cost basis 190.65. Working on a roll of the rest as well as a covered call.

Options Expiration 11/3/17

#OptionsExpiration #Earnings

— Expired w/Max Profit —
AAPL 157.5 and 160 puts
AAPL 177.5 calls
FB 172.5 puts
FB 192.5 calls (partially covered)

#Assignment
LITE 62 puts (cost basis 60.50)

— Expired w/Max Loss —
CC 55.5/57.5/59.5 #UnbalancedButterfly (sold for .60, loss of 1.40)
STMP 200/180 put spreads (sold for 4.15, loss of 15.85. Rolled out 2 weeks)
TSLA 320/325/330 #UnbalancedButterfly (sold for 2.15, loss of 2.85)

TRTN

#OptionsExpiration
TRTN Oct 20 30 puts

#Assignment ?
“To be assigned, or not to be assigned” on TRTN Oct 20 40 put when stock closed at 39.95, cost basis 37.27? Probably find out tomorrow when settled, maybe…film at 11:00 😉

Have great weekends…

EDIT: Saturday, Oct 21, assigned 100 TRTN shares @ 39.95 on a 40 put…go figure?! Reached all time high of 40.50 Friday. Could be a run up to earnings on Nov 9 amc, TOS.

Expiration/Sold Early/Assignment/Short Puts

#optionsexpiration
$SPX 2395/2420 BUPS @ 100% profit

Closed Early
$ALB BTC 12/15 105 put @ .35 STO 8/10 @ 3.70

#assignment
$HIMX 10/13 10 puts @ 10 Basis 9.50

#shortputs
$EXAS STO 10/20/47 put @ .80

Expiration/Closed Early/Short Puts/Long Puts/Assignment

#optionsexpiration
Full Profit
$TSLA 320/330 BUPS
$SPX 2305/2330 BUPS
$AAOI 55 puts

$SPX 2480/2505 BUPS @ 20% profit
$SPX 2510/2525 BUCS @ full loss. Opened earlier this week and did not take a quick 30% profit on Wednesday. When will I learn to take profits? (rhetorical)

Closed Early
$SPX 9/29 2475/2500 BUPS BTC 9/21@ 1.80 STO 9/18 @ 3.60 If I waited this one out it would have been more profitable. Running scared.

#shortputs
$MZOR STO 10/20 45 put @1.25

#longput
$TSLA BTO 10/20 365 put @ 12

#assignment
$SYMC 34 puts Basis 33.5 Anti Equifax Trade Not Working Well

Thanks to everyone on this site with a special shout out to the indomitable @jeffcp66

Have a great weekend.

Options Expiration 9/15/17

#OptionsExpiration #ContangoETFs #VXXGame #SPXcampaign #Earnings #CoveredCalls

— Expiring w/max profit —
DRIP 35 call
KOLD 45 call
SVXY 75 put
SPX 2505/2530 call spreads (sold in a #CondorRoll for 3.95 on Tuesday)

— Expiring w/loss —
SPX 2420/2405 LONG put spreads, bought for 1.25 last Friday

#Assignment
PLCE 110 covered call, partial stock position being called away

BBY stock sold

#Earnings #Assignment #LongStock
Sold more shares today at 57.50 and 58.50, assigned at 56.44 basis. Now that the full position is nicely profitable I put my remaining shares on trail stops of .50 and 1.00.

BBY stock for sale

#Earnings #Assignment #LongStock
Sold shares of $BBY for 56.50, and 56.75. Cost basis 56.44 from 57.5 put assignment on 9/1.

Covered Call premium not attractive enough to play with this one. I don’t trust the business either with Amazon devouring all retail in sight. Will sell out of remaining shares as it moves up or down from here.

PLCE stock sold

#Earnings #Assignment #LongStock
Sold to close one-fourth of my $PLCE stock position at 108.50. Assigned on Aug 11th with 108.00 cost basis. Holding the rest with #CoveredCalls already established.

Expiration/Assignment/ Short Puts/Rolled Short Put/Closed Early

#optionsexpiration
$SPX 2350/2375 BUPS
$SVXY 60 put

#assignment
$SPX 9/1 2500/2475 @ 25% profit

#shortputs
$MOMO STO 9/8 37 put @ .55
$EXAS STO 9/15 40 put @ .65

Rolled
$AAOI 9/15 65 put to 10/20 65 put for additional 3.50 credit Thank you @ramie77

Sold Early
$NVDA BTC 9/15 145 put @ .10. Sold 8/11 for 3.55
$SPX BTC 9/8 2550/2525 BECS @ .10 STO 8/7 for 1.60

Need the three days rest. Have a relaxing Labor Day and say a prayer for the people of Houston.

Options Expiration 9/1/17

#OptionsExpiration #Earnings #Assignment

Only one this week:
Assigned stock on $BBY 57.5 puts

Options Expiration 8/18/17

#OptionsExpiration #ContangoETFs #VXXGame #Earnings

— Expired w/Max Profit —
DRIP 35 call
UVXY 68 call

#Assignment
PLCE 110 puts, taking stock with 108.00 cost basis.

I will check in Monday from our Eclipse campsite in Dallas, Oregon!

ZNGA stock

#Earnings #Assignment #LongStock
Forgot to close my long 3.50 calls on Friday so I was assigned 1,000 shares. I put .05 trailing stop on to enjoy any gain on the day, or close it out before it goes below 3.50. Cost basis is 3.70.

#assignment USO I had a…

#assignment USO I had a July 21, 12 put assigned

OptionsExpiration 3/24/17

#OptionsExpiration #Earnings #Assignment
Only losers to post this week! Yay!

FDX 190/195/200 iron butterfly… max loss.. and it looked so pretty on Wednesday…
PANW April 21st 135 puts, assign stock on 3 puts; still holding 1 put.

Expired Closed Early Lost it Alls and Assignments

#optionsexpiration

$AMZN 740/750 BUPS
$SPX 2090/2190 BUPS
$SPX 2200/2235 BUPS
$SPX 2225/2250 BUPS
$SPX 2160/2260 BUPS
$RUT 1315/1335 BUPS
$CRM 81.50/82.50 BUPS
$AMZN 835/840 BUPS
$DKS 60/55 BECS

$DVN 50 Call (Covered Call – May Sell Again)
$CF 35 Call (Covered Call – May Sell Again)
$CELG 120 Call (Covered – Called Away)
$UVXY 25 Call

$AMZN 750 put
$GRMN 47.50 Put
$X 35.50 Put
$SVXY 85 Put

#assignment (Figure Out Over the Weekend What to Do With These)
$VSI 20 Put
$ETSY 12.50 Put
$IRM 37.50 Put
$BAC 25 Put

Closed Early
#LongCalls
$AMZN STC 3/17 840 calls @ 13.15 BTO for 19
$XLF STC 3/17 24 Calls @.50. BTO for .28

Lost All
#Long Calls
$KMX 70 Call
$CMCSA 37.50 call

Happy Saint Patrick’s Day to all our Leprechauns to keep them favoring us all year long.
Thanks to all.

#SPX STO 3/22 2420/2395 BECS @ 1.50

Earnings/Expiration/Trades/Assigned

#optionsexpiration
$SPX 2125/2150 BUPS
$SPX 2225/2250 BUPS

$YELP 43 calls (will cover again) (Kept position over earnings – my bad)
$SVXY 85 put
$NVDA 107 put (Earnings)

#assignment
$AKAM @65 (Earnings Trade Basis 64.25)

#shortputs
$UBNT STO 6/16 45 put @ 1.60 Thank you @jsd501

#Expiration #Earnings #Assignment and Some Trades

#earnings
$FB 2/3 132 Straddle Total Loss (Mishandled by me)
$AAPL 2/3 118/121/124/121 Iron Butterfly Small Loss
$AMZN 775/790 BUPS Closed early (was 2/17 expire) @93% profit
$FB 123 put Full profit
$FB 125 put Full profit

#optionsexpiration
$SPX 2135/2160 BUPS
$REGN 380 call (covered)
$NVDA 90 put
$BMY 48 put
$UVXY 40.50 call
$VRX 14.50 call (covered)
$CLF 9 call (covered)

#assignment
$APC called away @ 70 (Basis 68.38)
$NUGT called away @ 11 (Basis 9.95)

Trades

Closed Early
$NFLX STC 2/17 115 call @ 24.26 (BTO 11/10 @ 13.75)

$SVXY STO 2/24 95 put @ 1.30
$CSCO BTO 3/17 31 call @ .98 (OMM)
$MS STO 2/17 45 calls @ .63
$AMZN STO 3/17 750 put @ 4.60

Thanks to everyone who trades responsibly at Jeff’s Bistro.
Have a great weekend and a profitable next week.

Options Expiration 2/3/17

#OptionsExpiration #Earnings #SPXcampaign #IronButterfly #CoveredCalls #Assignment #ShortPuts #ShortCalls #VXXGame #StockTrades #ShortStrangles

–Expiring w/max profit–
FB 123, 126, 129 puts
FB 138 covered calls
REGN 340/400 strangle
UVXY 32 and 40 calls
SPX 2260/2235 put spreads. Sold for 3.35 on Jan 24th
SPX 2245/2220 put spreads. Sold for 1.35 on Monday

— Assignment ?? —
AMZN 840 put… was going to let the 810 long put cancel it out, but looks like I may get stock instead

— Expired w/Max loss —
AAPL 118/121/124 iron butterfly

Earnings Trades and Expiration

#earningstrade

$JNJ 113/115/117/115 Iron Butterfly Lost $54 per contract
$COF 85/87/89/87 Iron Butterfly Lost $40 per contract
$LUV 49/50 BUPS 100% profit
$EBAY 28.5 put 100% profit

#spxcampaign #coveredcalls #shortputs #shortcalls #assignment
Expired Full Profit

$SPX 2120/2145 BUPS
$SPX 2155/2180 BUPS
$SPX 2235/2260 BUPS

$LULU 70.50/69.50 BECS
$NUGT 12 call (covered)
$CELG 115 call (Covered)
$LULU 60 put

Called Away
$MPC 1/27 49 calls

Thanks to everyone for sharing. Enjoy the fruits of your labor this weekend.

Options Expiration 1/27/17

#OptionsExpiration #Earnings #ShortStrangles #ShortPuts #ShortCalls #IronButterfly #VXXGame #Assignment #BullPutSpreads

–Expiring w/max profit–
EBAY 28.5 puts
FB 126 put
FFIV 157.5 calls
LUV 50/49 put spreads
SPX 2260/2235 put spreads
UVXY 37 calls

–Assignment–
SBUX 60 puts, stock assigned, cost basis 56.73

–Expired w/max loss–
COF 85/87/89 iron butterfly
SPX 2300/2325 LONG call spread, bought for 1.10, closed half for 4.70 so overall profitable trade.

REGN early assignment

#Assignment #EarlyAssignment #shortputs
Assigned 100 shares of REGN from Dec 9th 415 short put. Was planning to roll by Friday but someone got greedy. I may hold the stock or roll it back to a short put or short strangle.

LOW stock assigned

#Earnings #Assignment I was assigned $LOW stock last night from my 79.5/81.5/83.5 iron butterfly…. kind of unusual to be assigned from short puts that are part of a spread, but it happened to about 3/4’s of my position. Today I sold the long puts for 2.92, so combined with the 1.48 at which I sold the IBF, my cost basis on the stock is 77.10. A reasonable position. I may sell the remainder of the longs and take the rest of the stock on Friday.

Options Expiration 3/18/16

#optionsexpiration

— Expiring w/max profit —
BOIL 24 call
DATA 45 covered call
KOLD 180 puts
KOLD 300 call
NUGT 35, 40, 45, 47, and 48 puts
PNRA 190 put
TLT 132 calls

#Assignment

DUST 5 puts (just a couple so $1K in cash; won’t hold long if there’s no pullback in Gold soon)

Have a great weekend!

Options Expiration 2/5/16

#OptionsExpiration  Rough week with DATA earnings trade going south.  This will be a tougher one to manage than FB or VLO as the company is newer and has an uncertain future.

Expiring with 100% of max profit:

$CMI 81.5 puts
$DATA 100 calls
$SPX 1980/2005 call spreads
$UVXY 23, 27 puts
$UVXY 27/25 put spread
$UVXY 55 calls
$VLO 73 call

#Assignment
$DATA 62 puts, long stock assigned, cost basis 60.80
$VLO 63 & 65 puts, covering most of my short stock position, cost basis over 70.00

Expiring Worthless:
$SPX 1675/1650 put debit spread – bought a couple weeks ago, but the down moves did not come soon enough, so never got a profit to take.

 

Options Expiration 1/15/16

#OptionsExpiration
Expiring with max profit…
$DUST 22 and 23 calls
$KOLD 110, 114, 119, 120, and 130 puts
$KOLD 200 call
$NUGT 20 put
$NUGT 34, 45, 50 calls
$SVXY 30 put
$UVXY 20, 22, 23, and 35 puts
$UVXY 35/33 put spread
$UVXY 100, 110, 125 calls
$VLO 74 call
$ZSL 65/67.5 call spreads
$ZSL 70 and 72.5 calls

#Assignment
$KOLD 150, 155, 159, 160 calls, stock I bought today called away. Will sell roll positions in coming days.