STO a $BOIL 55/60 72/77 IC as a follow on 7/24
BTC $BOIL 55/60 #BuPS @0.10 mid-day today.
Expiring $BOIL 72/77 #BeCS
Tag Archives: BECS
LABU Put / Roll MO put / Roll XBI Call / AMZN Call Close / TSLA BECS Close / Expiration / Called Away
#shortputs
$LABU STO 1/20 8 put at .46
$MO BTC 1/13 46.5 put and STO 1/20 46.5 put at .04 added credit. Was part of strangle. Call side expired
#coveredcalls #syntheticcoveredcalls
$XBI BTC 1/13 86 call and STO 1/20 88 call at added credit of .10 and $2 more if called away
$AMZN BTC 1/13 88 call at 10.10. Sold it for .61. Not a good week for this.
#becs
$TSLA BTC 1/13 125/120 BECS at .65. STO at .86
#optionsexpiration
$TSLA 95/100 BUPS
$SPX 3890/3910 – 4070/4050 1 DTE Sold at 1.10
$AA 43 put
$IBM 138 put
$PFE 46.5 put
$MO 47 call
$BX 88 call
$SQ 77 call
#assignment
$GNRC 101 call
$AMZN 90 call
TSLA
Rolled $TSLA Apr-09-2021 700/710 #BeCS // Apr-23-2021 710/720 @0.20 Debit Stock popped to 705 or so today
AMC TSLA
Rolled $AMC Mar-26-2021 14 #shortputs // Apr-01-2021 @0.35 credit
Holding $AMC 15 Covered Calls for the moment.
Rolled $TSLA Mar-26-2021 680/690 #BuPS // Apr-01-2021 @.73 Credit.
Holding $TSLA Mar-26-2021 750/760 #BeCS but looking for close or roll opportunities.
TSLA
LULU
GME BECS Expired
#becs #optionsexpiration
$GME 165/175
$GME 160/170
LULU AMC
From a little earlier today:
Rolled $AMC Feb-26-2021 10 #CoveredCalls // Mar-05-2021 $12 @0.25 Credit Earnings Mar-03
Rolled $LULU Feb-26-2021 325/335 #BuPS // Mar-12-2021 @1.30 Debit
STO $LULU Mar-12-2021 345/355 #BeCS @1.14 Making an #IronCondor and to help fix loss on #BuPS Side.
GME BECS
#becs
$GME STO 2/26 150/140 BECS at 2.00
PTON AMC ABNB LMND
Roll $LMND Feb-26-2021 135/145 #BuPS // Mar-19-2021 @1.54 debit was STO @1.95. Moved risk out.
Roll $ABNB Feb-26-2021 155/165 #BuPS // Mar-19-2021 @1.15 Credit. Originally STO at 2.08.
Roll $AMC Feb-26-2021 14 #ShortPut // Mar-19-2021 @0.20 credit. Second roll on this one.
BTC $PTON Mar-05-2021 150/160 #BeCS @0.10 Debit. STO @0.95 yesterday
Edited to add … TSLA … JFC.
PTON
Rolled $PTON Feb-26-2021 130/140 #BuPS // Mar-05-2021 @0.05 credit.
STO $PTON Mar-05-2021 150/160 #BeCS @0.95 #ironcondor
I may be just delaying pain. We’ll see. Still also holding shares.
ENPH LULU NVDA
STC $ENPH 180 Feb-19-2021 #LongPuts @3.00
This was the long side of a #BuPS sold @1.50 on 2/16. Unless something changes radically, I’ll be assigned the stock on the 190 #ShortPuts at close tomorrow.
Rolled $LULU Feb-26-2021 360/370 #BeCS // Mar-05-2021 @0.50 Credit – was STO @1.25 on Feb 1.
Holding Feb-26-2021 325/335 #BuPS
Holding Mar-05-2021 330/340 #BuPS
BTC $NVDA Feb-26-2021 485/495 #BuPS @0.25. Was STO @2.00.
LULU Roll
Expires etc.
Expires:
ADBE Dec-18-2020 480/490 #BuPS
TLSA Dec-18-2020 615/625 #BuPS STO earlier today @1.0
Assignments:
SONO Dec-18-2020 22.5 #CoveredCalls
SPXL Dec-18-2020 69.00 #coveredcalls
Roll:
NFLX 530/540 Dec-18-2020 #BeCS // Dec-31-2020 @1.00 credit.
NFLX FTCH Put Closed / BABA BECS Closed
$NFLX BTC 11/20 450 put at .40. STO at 3.40. Thank you @fuzzballl
$FTCH BTC 11/20 38 put at .08. STO at 2.00.
$BABA BTC 11/20 330/320 at .20. STO at 2.50
ADBE
NFLX
AAPL
NFLX
Expirations / Roll
Expirations / Roll
OX $AAL 14 Sep-25-2020 Calls
STO $AAL 12.5 Oct-02-2020 #CoveredCalls
OX $AMD Sep-25-2020 82.5/85 #BeCS (end of a long chain of trades)
Expirations etc
OX NFLX 420/430 #BuPS – Was STO @1.13 on 6/24
Rolled SLB Jul-02-2020 $20 #CoveredCalls // Jul-10-2020 $19 @0.32 Credit, but lower strike. Basis is $16.23.
OX SPX Jul-02-2020 3190/3200 #BeCS – STO @1.00 this morning, thanks @Jeff !!
OX Work Jul-02-2020 $34 #Covered Call – was STO @1.33 on 6/19. Replaced with Jul-10-2020 $31.5 @ 0.48
Happy 4th.
BABA Earnings
#earnings #shortputs #becs
$BABA STO 2/14 212.50 put at 1.13
$BABA STO 2/14 235/240 BECS at .92
File Under What Was I thinking
#becs
$AMZN BTC 3/20 2050/2080 BECS at 17. STO On 2/3 for 13. Yuck!
SPX 1-DTE
$SPX Jan 8 2020 3260/3280 #BeCS (1/2 of Condor) stopped @2.95 – will be a $2.05 loss if the put side expires. Stop was triggered at 3257.5.
LK Put Rolled / NUGT Call Closed / LULU MCD LRCX Spreads Closed
#shortputs
$LK BTC 12/13 31.50 put and STO 12/20 31 put at additional .15.
#coveredcalls
$NUGT BTC 31 call at .10. STO at 1.26
#bups #becs #bucs
$LULU BTC 12/20 185/195 BUPS at .30. STO on 11/11 for 2.60. Symmetry$ STO 11/11 BTC 12/12
$LULU BTC 12/20 235/240 BECS at .30. STO on 11/16 for 1.20.
$MCD BTC 12/20 185/190 BUPS at .20. STO on 11/1 for 1.25.
$LRCX STC 12/20 285/295 BUCS at 2.50. BTO on 10/30 for 3.40.
CMG
TSLA
NVDA TSLA
BTC $NVDA 180/190 Dec 20 #BuPS @0.22. Was STO 11.15 @1.65.
STO $TSLA 352.5/362.5 #BeCS @.70 #following @optioniceman
NUGT Puts Keep Rolling / BA ROKU Closed Early / TSLA BECS
#shortputs
$NUGT BTC 11/29 28 puts and STO 12/6 28 puts for added .35 credit.
#bups
$BA BTC 12/20 315/325 BUPS at .20. STO at 2.25 on 10/30
$ROKU BTC 12/20 105/115 BUPS at .20. STO at 2.80 on 11/7
#becs
$TSLA STO 12/20 360/370 BECS at 1.70
CMG
ISRG NVDA PTON
BTC $ISRG 525/535 #BuPS @0.25. Was STO 11/8 @1.25.
BTC $NVDA 225/235 Nov 29 #BeCS @0.4. Originally STO as 220/230 Oct 17@1.10, rolled 11/14 @-0.20.
OX $NVDA Nov 15 180/190 11/15 #BuPS. Was STO 11/5@1.05. (unless things tank this afternoon)
STO $NVDA 180/190 Dec 20 #BuPS @1.65.
From Yesterday, following Jeff’s Butterfly: BTO $NVDA Nov 15 +210c/-212.5c/-217.5c/+220 Condor @-0.45
Today: BTC $NVDA Nov 15 212.5c @0.18 Gain of (5.27 – 0.18) = +5.09
BTC $NVDA Nov 15 217.5c @0.08 Gain of (3.2 – 0.08) = +3.12
STC $NVDA Nov 15 220c @0.06 Loss of (2.4-0.06) = – 2.34
Rolled the $NVDA 210c into a Dec 20 230/240 #BeCS @+0.90 with 6.52-0.2 = 6.32 loss realized, so far, on the 210c.
All of which just about adds up to hopefully, the Call spread expires worthless and covers brokerage fees.
Rolled $PTON 27 Nov 15 27 Calls (covered) // Nov 22 28 Calls @+0.30, with $PTON @~27.6. Underlying was BTO at 27 on the day of IPO. May have jumped too early, as its pulled back under $27 again today.
Rolled Up/Out $PTON Nov 15 26 long puts // Nov 22 27 long puts @0.85.
ISRG
BTC $ISRG 10/25 585/595 #BeCS @.20. STO 10/18/2019 @1.20
ISRG NFLX OSTK
TEAM
NFLX
TSLA
STO $TSLA 300/310 Nov 15 2019 #BeCS @1.21
NUGT, UVXY, SPLK and SPX 1-DTE
BTC UVXY 10/18/2019 35/45 Nov 15 2019 #BeCS @0.4. Was STO 10/2 @1.65.
BTC SPLK 10/18/2019 105/115 #BuPS @0.35. This had been rolled from the Sept earnings trade. ~$1.20/share gain (though I don’t have my tracking spreadsheet in front of me at the moment)
BTC NUGT 10/18/2019 20/29.5 #BuPS @1.95. Basically break-even, but this was the second round on a double-dip.
Wanted to take some risk off today. Been thinking over Friday’s SPX 1-DTE trade a bunch over the weekend. Short version, my stops triggered, as Jeff’s did, but I didn’t get fills. I canceled the BTC order, and then spent the day sweating it out, hoping for a pullback to get out of the position, which didn’t happen until the last 15 minutes of the trading day. My position expired valueless over the weekend, but being frank, could just as easily have been a big loss, if SPX had swung ~15 up instead of ~15 down. Pretty much dumb luck, not smart trading. Really don’t know what I was thinking, if I was thinking at all, when I canceled the BTC order. Hope and Luck aren’t smart trading. I’m also going to put a pause on the SPX 1-DTE trades for a while.
STZ
TSLA
ADBE
BTC $ADBE Oct 18 2019 300/310 #BeCS @0.07. Was STO 9/23 @0.50.
SPX / AMD / UVXY
STO UVXY 35/45 Nov 15 2019 #BeCS @1.65
SPX 1-dte 2870/2890 put spread stopped @4.05 when spx dropped below 2900. Condors sold yesterday @1.10. Holding Call side.
Rolled AMD Oct 18 2019 34 // Nov 15 2019 #shortputs @0.45
NUGT
Rolled $NUGT 9/27 35/40 #BeCS // 10/4, same strikes @0.15 credit.
Options Expiration
$ADBE 9/20 292.5/302.5 #BeCS – STO 9/11 @1.31 as part of a #IronCondor.
$TSLA 9/20 220/230 #BuPS – STO 9/12 @0.74
$SPX 9/20 2950/2965/3040/3055 #IC STO 9/19 @0.80.
NUGT
STO $NUGT 35/40 9/27/2019 #BeCS @.85
TSLA
SPX
BTC $SPX 2940/2950 8/30 #BeCS @.90. Basis was $2.00 after a couple of rolls. Glad to have the buying power back.
BYND
BYND barely budging
They lost .24 per share, vs. .08 loss expected.
LYFT Call HIIQ BECS Closed Early
#coveredcalls
$LYFT BTC 7/19 67.5 call at .10. STO at 2.05 on 6/18. Will recover as the stock recovers – it does have LYFT as a name.
#becs
$HIIQ BTC 7/19 34/37 BECS for .10. STO at .63. Thank you @ramie77
BYND
TSLA AVGO
BTC $TSLA 6/14 195/205 #BuPS @0.12 Was STO 6/11 @1.35 to offset the loss from a 215/225 #BeCS that started as a 6/19 and got rolled to 7/19 @ -1.09.
BTC $AVGO 305/315 6/19 #BeCS @0.06. Added this to my previously noted 240/250 6/19 #BuPS late yesterday pm @.68. Considered, and now wish I’d done the 300/310 #BeCS instead. #BuPS side is bouncing about break even, at the moment, but is still 7 DTE.
$SPX DTE
Close but no cigar / Last minute heart break. SPX just popped up over 2826 with less than 10mins in the day.
BTC June 5 2825 / 2840 $SPX #BeCS @2.00 – was the call side of an IC opened yesterday for 1.3. I’ll let the 2725/2740 puts expire.
Trades: SPX ADBE NVDA TSLA
Close TSLA BECS Early
#becs
$TSLA BTC 3/15 335/325 BECS at .60. STO 2/8 at 3.00.
5/25 Tying up the week!
NFLX: The market makers got $.05 on the close. A couple week’s worth of #PieTrades brought in over $1500. Reset with #CoveredBackRatio “Cobras”. Dec 305c x 3/Dec 350 c x-2 ($125.15) Plus June 1 357.5 call @4.01. For 100 delta/100 shares of stock replacement.
Stock cost basis is $342.65. Net risk right now $12K.
TQQQ: Added another tranche Sep 50c x 6/Sep 56call -4 for 200 share stock replacement, Jun 8 58 call @.60. Stock Cost Basis: $55.30, Net risk: $3400
CVX: Rolled down calls from June 1 130 to June 8 127, added an additional #BeCS. Pocketed $174 on the roll, but struggling to keep up with underlying decline. New basis = $125.11
IBM and CRM are still left to manage: IBM I will allow May 25 to expire and open June 1 $144 call closer to the close. CRM has earnings next week. I was hoping the stock would be called, but I will roll to ITM calls for next week.
BABA: Added another tranche. Oct 175c +4, Oct 195 call -2, Jun1 202.5 call -2
Everyone have a SAFE weekend!!! Don’t get too sunburned! Military folks THANK YOU A MILLION TIMES for your service. I heart you!
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
#becs Closed on downtrend this…
#becs
Closed on downtrend this morning
$NFLX 150/140 1/20 BECS @ 1.40 Sold for 1.20 on 12/13
Still holding $NFLX 2/17 115 calls (long) and $NFLX 1/20 110/120 BUPS (plan to let it expire tomorrow.)
#becs FB Sold Jan. 20…
#becs FB
Sold Jan. 20 127/132 for .63
VXX starter
#shortputs $LVS 12/23 55 put…
#shortputs
$LVS 12/23 55 put @ .60
$SVXY 1/13/2017 60 put @ .75
#BECS
$NFLX 1/20/2017 150/140 BECS @ 1.20
#spxcampaign
$SPX 1/13/2017 2365/2340 BECS @ 1.40
Is the snow blowing in a different direction? (Not a poll question :-})
Options Bistro 