CMG BUPS Closed / NIO Puts Closed

#bups

$CMG BTC 10/23 1280/1290 BUPS at .10. STO at 3.86 on 10/13

#shortputs
$NIO BTC 10/23 27 puts ay .10. STO at 1.50. Other batch closed Tuesday at .50

PTON

Roll $PTON 110/120 #BuPS Oct-23-2020 // Oct-30-2020 @2.00 credit

ADBE

BTC $ADBE Oct-2302020 520/530 #BeCS @0.07 debit was STO @1.15 10/6.
(Roll) BTC $ADBE Oct-23-2020 480/490 #BuPS @3.10 Debit – was STO 10/6 @5.22
STO $ADBE Oct-30-2020 480/490 #BuPS @4.1 (so $1.00 credit on the roll)

NFLX

BTC $NFLX Oct-30-2020 555/565 #BeCS @0.50 debit. Was STO @4.52 as part of a roll on 10/14/2020.
Holding $NFLX Oct-30-2020 485/495 #BuPS – looking for a bit of post earnings recovery.

NVAX

Roll $NVAX 23-Oct-2020 92/102 #BuPS // 30-Oct-2020 @0.30 Credit.

Not sure how long I’m going to try to ride this out, but we’ll give it another week.

AAPL

BTC $AAPL Oct-23-2020 125/135 #BeCS @0.10 debit. Was STO 10/5/2020 @0.76.
Roll $AAPL Oct-23-2020 110/120 #BuPS // Oct-30-2020 @0.50 Credit.

Will probably STO another #BeCS to rebuild the condor.

Expirations / Rolls

OX LULU Oct-16-2020 310/330 #BuPS
OX SLB Oct-16-2020 20 #CoveredCalls
OX USO Oct-16-2020 30 #CoveredCalls
STO USO Oct-30-2020 30 #coveredcalls @0.32 credit
Roll OSTK Oct-16-2020 85 #CoveredCalls // Nov-16-2020 @10.40 Credit.
Roll SONO OCT-16-2020 15 #CoveredCalls // Nov-20-2020 @1.22 credit.

Was really hoping most of the Covered Calls would be assigned. The LULU was a #BUPS that got rolled into another, so was wider than my typical. Probably should bail out of the SLB with a small loss – not much premium even going to Dec expirations.

AMZN BUPS Closed

#bups

$AMZN BTC 10/16/2980/3000 BUPS at .07. STO at 7.52 on 9/11

WKHS NVDA NFLX Put Closed / NFLX BUPS

#shortputs
$WKHS BTC 10/16 22 put at .30. STO at 3
$NVDA BTC 10/16 520 put at .20. STO at 2.89
$NFLX BTC 10/16 22 put at .10. STO at 3.75 Thank you @fuzzballl for the latter two.

#bups

$NFLX STO 10/23 520/530 BUPS at 4.28. Earnings are 10/20. Plan to be out next week if things go well – this week if things go to hell. 😉

NFLX

BTC $NFLX 490/500 Oct-16-2020 #BuPS @0.18. End of several rolls after starting Sep-04-2020.
Holding $NFLX 555/565 #BeCS which helped cover the cost of the latest roll.

NVTA NVAX Puts / LYFT Put Roll / NFLX BUPS Closed

#shortputs
$NVTA STO 10/16 50 put at .70
$NVAX STO 10/16 105 put at 1.00
$LYFT BTC 10/16 30 put and STO 10/23 30 put at .10 credit

#bups
$NFLX BTC 10/16 480/500 BUPS at .60. STO at 7.60

AAL Roll / NVAX Expire

Rolled AAL Oct-09-2020 13 #CoveredCalls // Oct-23-2020 14 @0.35. (thought about letting it get assigned)

OX $NVAX Oct-09-2020 84/94 #BuPS – STO @1.22 Thanks @geewhiz112
STO $NVAX Oct-23-2020 92/102 #BuPS @1.46 (actually put limit in at 1.32 and got a little extra)

AAPL BUPS Closed / VXX Put Rolled

#bups
$AAPL BTC 10/16 95/105 BUPS at .15. STO at 1.78

#shortputs
$VXX BTC 10/16 24.50 put and STO 10/23 24 put at even but do reduce strike by .50.

NET Put Closed / NVDA BUPS Closed / VXX Put Rolled

#shortputs
$NET BTC 10/16 35 put at .05. STO at 1.87
$VXX BTC 10/9 25 put and STO 10/16 24.50 put at added .15 credit and .50 less in strike.

#bups
$NVDA BTC 10/16 490/500 BUPS at .40. STO at 3.70.

LULU Roll

BTC $LULU Oct-09-2020 285/295 #bups @-0.06
STO $LULU Nov-06-2020 285/295 #bups @1.56

NVAX Put

#shortputs
$NVAX BTC 10/2 105 put and STO 10/9 102 put at 3.85 credit

#bups

NVTA Calls Rolled / T PENN MRVL Puts / NFLX BUPS Closed

#coveredcalls
$NVTA BTC 10/16 and STO 11/20 40 calls at added 2.60 credit

#shortputs
$T STO 10/9/2020 28.50 put at .70
$PENN STO 10/9/2020 72 put at 2.60
$MRVL BTC 10/2/2020 40 put at .35. STO at 1.95

#bups
$NFLX BTC 10/16 455/465 BUPS at 1.29. STO at 3.45. Thank you @ramie77. No, I don’t know why I closed it.

DKNG Puts Closed / GOOGL DKNG WYNN BUPS Closed

#shortputs
$DKNG BTC 10/16 40 puts at .20. STO for 3.96

#bups
$GOOGL BTC 10/2 1250/1300 BUPS at .30. STO at 1.95. Thank you @jsd501
$DKNG BTC 10/16 30/35 BUPS at .10. STO at 1.70.
$WYNN BTC 10/16 70/80 BUPS at 6.00. STO at 2.83.

LULU

Roll $LULU Sep-18-2020 310/320 #BuPS // Sep-25 @0.23 debit

LULU roll

BTC Sep-11-2020 $LULU 290/300 #BuPS @0.06 debit
STO Oct-09-2020 $LULU 285/295 #BuPS @1.51 credit.
Holding Sep-18 310/320, Sep-25 320/330 and Oct-2 325/335.

NFLX

Rolled $NFLX Sep-04-2020 490/500 #BuPS // Sep-11-2020 @0.50 Credit.

RH BUPS Closed

#bups
$RH BTC 9/4 297.50/312.50 BUPS at .30. STO 8/18 at 4.50

ADBE

BTC $ADBE Sep-04-2020 465/475 #BuPS @0.10. Was STO @1.09 on 8/27.

LULU, SPCE.

BTC Sep-04-2020 290/300 #BuPS @0.06 Debit. Was STO on 8/6 @1.56.
STO Oct-02-2020 325/335 #BuPS @1.81 Credit.
Holding Sep-11 290/300 #BuPS, Sep-18-2020 310/320 #BuPS and Sep-25 320/330 #BuPS

Rolled SPCE 30 Sep-18-2020 30 #ShortPuts // Oct-16-2020 #ShortPuts @0.41 Credit. (slowly getting less bad)

ZM Earnings Trade BECS Side Closed / ZM BUPS / ZM BUPS Closed

#earnings #IC #bups
BTC 370/360 BECS at 9.65 STO IC at 3.00 Trying to mitigate some of loss by selling
#bups
$ZM STO 9/4 380/400 BUPS at 2.00 and closing
$ZM BTC 9/18 240/250 BUPS at .20. STO 8/4 at 3.75

DOCU Earnings

#earnings #bups
$DOCU STO 9/11 222.5/232.5 BUPS at 3.70

WORK Earnings / MRVL Strangle

#earnings #bups
$WORK STO 9/11 27.50/30.50 BUPS at .75

#shortstrangles
$MRVL STO 9/11 38/40.5 strangle at 1.20

LULU

STO $LULU 320/330 Sep-25-2020 #bups @1.50. Underlying 381.17. Short option 15 Delta.

BABA IC Closed

#bups #earnings
$BABA BTC 8/21 220/230/280/290 IC for .75. STO 7/22 for 3.11. Earnings tonight. Plan was to close before earnings. Can’t believe I stuck to my plan.

LULU – Roll

BTC $LULU Aug-28-200 300 #ShortPut @0.07 debit . Holding 290 #LongPut due to no fill with it on the order.
STO $LULU Sep-18-2020 310/320 #BuPS @1.53.
Stock at 362.29. Short Put 18 Delta. 30 days to close. 700 miles to Chicago, wearing sunglasses…

Also holding Sep-04 and Sep-11 290/300 #BuPS.

AMAT earnings analysis

#Earnings $AMAT reports tonight. Below are details on earnings one-day moves over the last 12 quarters.

May 14, 2020 AC -4.39%
Feb. 12, 2020 AC +3.05%
Nov. 14, 2019 AC +8.95% Biggest UP
Aug. 15, 2019 AC -1.12%
May 16, 2019 AC +2.49%
Feb. 14, 2019 AC -3.95%
Nov. 15, 2018 AC +1.08%
Aug. 16, 2018 AC -7.71%
May 17, 2018 AC -8.24% Biggest DOWN
Feb. 14, 2018 AC +3.89%
Nov. 16, 2017 AC -2.33%
Aug. 17, 2017 AC +2.73%

Avg (+ or -) 4.16%
Bias -0.46%, negative bias on earnings.

With stock at 125.00 the data suggests these ranges:
Based on current IV (expected move into Friday per TOS): 62.49 to 69.51 (+/- 5.3%)
Based on AVERAGE one-day move over last 12 quarters: 63.25 to 68.75
Based on MAXIMUM one-day move over last 12 Q’s (9.0%): 60.09 to 71.91
Based on DOWN max only (-8.2%): 60.56

Open to requests for other symbols.

#bups

LULU

Rolled $LULU 8/21/2020 285/295 #BuPS // Sep-11-2020 290/300 #BuPS @1.51
Holding 8/28 and 9/4 290/300 #BuPS also.

LULU

Early early on this, but with the run up yesterday, no sense in letting things sit.

Rolled $LULU Aug-14-2020 285/295 #BuPS // Sep-04-2020 290/300 @1.55 Credit.

LULU

Rolled $LULU Aug-02-2020 290/300 // Aug-28-2020 290/300 #BuPS @1.45.
Holding $LULU Aug-14 and Aug-21 285/295 #BuPS.

OptionsExpiration

OX $NOW Jul-31-20 405/415 #BuPS STO before earnings @1.40. Thanks for data @jeffcp66

AMZN BUPS Closed

#earnings #bups

$AMZN BTC 7/31 2870/2890 BUPS at 3.50. STO at 8.83 on 7/24
Still have the $AMZN 8/21 2870/2890 bought on 7/28 for 7.20. Might hold through earnings.

LULU

BTC Jul-31-2020 275/285 #BuPS @0.05 Debit – was sold @1.25 on 7/16
STO Aug-21-2020 285/295 #BuPS @1.20 Credit. Short side is 16 delta.
Holding Aug 07 and Aug-14 290/300 #BuPS

LULU

Early this week, but the paint looked pretty dry.
BTC Jul-24-2020 $LULU 275/285 #BuPS @0.04 Was STO@1.05.
Holding Jul-31-2020 $LULU 275/285 Was STO @1.25, now @0.10 == I may close early.
STO Aug-7-2020 $LULU 290/300 #BuPS @1.22
STO Aug-14-2020 $LULU 285/295 #BuPS @1.25

LULU

STO $LULU Jul-31-2020 275/285 #BuPS @1.25. Short is 17 Delta.

Holding Jul-17 275/285 #BuPS – Looking to let it expire tomorrow.
Also Holding Jul-24 275/285 #BuPS. Watching the paint dry.

LULU

A bit early this week.

BTC LULU Jul-10-2020 260/270 #BuPS @0.04 Debit
STO LULU Jul-24-2020 275/285 #BuPS @1.05 Credit.

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.

LULU

STO $LULU 275/285 Jul-17-2020 #BUPS @1.05
Holding Lulu Jul-02-2020 270/280 #BUPS – intending to let it expire tomorrow.
Holding Lulu Jul-10-2020 265/275 #BUPS

MSFT BUPS Closed

#bups
$MSFT BTC 7/10 167.50/177.50 BUPS at .10. STO 6/8 at 1.36.

BA BUPS Closed -Badabadabing!

#bups
$BA BTC 7/17/110/120 BUPS at .10. STO 5/29 at 1.77. Thank you @Ramie

Expirations

Just two this week:

OX – $LULU Jun-26-2020 265/275 #BuPS – as STO @1.65.
OX – $AAL Jun-26-2020 $19 #CoveredCalls – was STO @0.44.

Happy weekend all!

LULU

STO $LULU 2020-07-10 260/270 #BuPS @1.20
Holding $LULU 2020-06-26 265/275 #BuPS intending to let it expire tomorrow.
Also Holding $LULU 2020-07-02 270/280 #BuPS. With LULU under 300, keeping a close eye here. Delta on the short option is ~20.

AVGO

BTC $AVGO 6/26/2020 280/290 #BuPS @0.18 debit. Was STO 6/19 @1.25. Quick in and out.

NVTA Covered Call / BYND BUPS / SQ Strangle

#coveredcalls
$NVTA STO 7/17 30 call at 1.50

#bups
$BYND STO 7/17 145/155 BUPS at 3.98

#shortstrangles
$SQ STO 6/26 107 call and 99 put at 2.65. Call is covered.

AVGO + Expirations

STO $AVGO 280/290 Jun-26-2020 #BuPS @1.25 (Ex-Divy today)

Expiring:
OX $SPXL Jun-19-2020 45 #CoveredCalls – was STO @0.88. Stock closed at 42.13.

Assigned:
OA $OXY Jun-19-2020 $14.5 #CoveredCall – Stock is at ~19.70. Bought the shares at 15.32 in April, rolled calls a few times so my basis is 12.88- looked for a roll and couldn’t find a good one so letting it go – Of course, would have done better if I’d just held the stock and not sold the calls on it.

VRTX BUCS Closed / MSFT BUPS Closed / TQQQ Calls / CODX Put Closed

#bucs
$VRTX STC 6/19 270/300 BUCS at 12.81. BTO at 14.60 on 5/12. Was badly underwater last week.

#bups
$MSFT BTC 6/19 165/175 BUPS at .40. STO at 1.10 on 6/8.

#coveredcalls
$TQQQ STO 6/26 110 call at .50. Sold against $67 LEAPS

#shortputs
$CODX BTC 6/19 16 put at .30. STO 5/26 at 2.14

LULU

Rolled $LULU Jun-19-2020 265/275 #BuPS // Jul-02-2020 270/280 #BuPS @1.25 Credit.
As noted before, also holding Jun-26-2020 265/275 #BuPS with the intent of rolling every other week.

NVDA ROKU BUPS DDOG Closed / CRM BUCS Closed / ROKU Puts

#bups
$NVDA BTC 6/19 340/350 BUPS at .70. STO 5/22 at 3.65
$ROKU BTC 6/19 110/115 BUPS at .80. STO 5/8 at 1.52
$DDOG BTC 6/19 70/75 BUPS at .10. STO 5/22 at 2.50

#bucs
$CRM STC 6/19 170/180 BUCS at 8.58. BTO 5/11 at 5.20

#shortputs
$ROKU STO 6/26 110 at 2.48 Thank you @fuzzball
$ROKU STO 7/2 108 at 3.15 Ditto Monsieur @fuzzball

LULU BECS Closed / DFEN CCL Put Rolled / SQ Puts / NVTA ROKU MRVL Call / NFLX BUPS Closed

#bups
$LULU BTC 6/19 320/330 BECS at .50 STO at 3.65. Thank you @ramie
$NFLX BTC 6/19 380/400 BUPS at $1.00. STO 4/30 at 6.93

#shortputs
$DFEN BTC 6/19 19 put and STO 7/17 18 put at even. Stock at 14.50
$CCL BTC 6/19 21 put and STO 6/26 21 put at .60 credit. Stock at 19.46
$SQ BTC 6/19 87 put at 1.15. STO for 4.65 on 6/12
$SQ STO 6/19 88 put at 1.66
$SQ STO 6/26 88 put at 3.05

#coveredcalls
$NVTA STO 6/19 17.50 call at .35
$MRVL STO 6/19 35 call at .40
$ROKU STO 6/19 112 call at 1.60

LULU

Rolled $LULU Jun-12-2020 265/275 #BUPS // Jun-26-2020 @1.59 Credit.
Also holding Jun-19-2020 265/275 #BUPS – have started rolling alternating weeks two weeks out.

NUGT ROKU UVXY VXX Calls / HAL Close Puts / HAL WORK Puts / MSFT BUPS

#coveredcalls
$NUGT STO 6/12 65 calls at 1.70
$ROKU STO 6/12 114 calls at 2.20 and 6/12 112 calls at 1.30. Latter was opened pre golf pre market.
$UVXY STO 6/12 30 calls at 1.00 Shares were assigned to me this morning.
$VXX STO 6/12 32.5 calls at .27. Thank you @iceman

#shortputs
$HAL BTC 6/19 10 put at .02
$HAL STO 7/17 15 put at .88
$WORK STO 7/17 30 put at 2.05

#bups
$MSFT STO 7/10 167.5/177.5 BUPS at 1.36
$MSFT STO 6/19 165/175 BUPS at 1.10. Meant to close the position that was opened 5/6. Will close both tomorrow. Don’t trade after a morning of golf in the sun.

Options Expiration May-29-2020

Just a couple.

OX $LULU May-29-2020 250/260 #BuPS
OX $OXY May-29-2020 14.5 #CoveredCall

LULU

STO $LULU Jun-05-2020 260/270 #BuPS @1.00
Planning on holding my existing May-29 250/260 #BuPS to expire

NFLX PTON OXY

Rolled $NFLX May 29 320/330 #BuPS Jun 05 @1.00 Debit
Rolled $PTON May 29 42 #ShortPut // Jun 05 @.72 Credit.
STO $OXY 14.5 #CoveredCall @0.36.

OLLI Put / DDOG BUPS / DKNG Put Rolled

#shortputs
$OLLI STO 6/19 80 put at 3.70
$DKNG BTC 5/22 29 put and STO 5/29 28 put at .65 added credit

#bups
$DDOG STO 6/19 70/75 BUPS at 2.50

Expirations

OX $OSTK May-22-2020 21 #CoveredCalls – STO 5/11 @.45.
OX $OXY May-22-2020 16 #CoveredCalls – STO 5/8 @0.44.
OX $PTON May-22-2020 43 #ShortPuts – STO 5/18 @0.70.
OX $LULU May 22-2020 215/225 #BuPS – STO as part of a roll last week, total 1.86 premium.

LULU

STO $LULU May-29-2020 250/260 #BuPS @1.00. Stock at 274.96. Short put at 17 delta.

Holding a May 22 215/225 #BuPS from last week’s roll with $1.86 total premium on it, planning to let it expire.

NVDA BUPS and BUCS

#bups #bucs
$NVDA STO 6/19 340/350 BUPS at 3.65
$NVDA BTO 6/19 355/365 BUPS at 5.10

NVDA

BTC $NVDA 320/325 May-29-2020 #BuPS @0.30. Was STO yesterday @1.05. #InOut

NVDA Earnings

STO $NVDA May-29-2020 320/325 #BuPS @1.05

NFLX – Rollout

Rolled $NFLX 320/330 May-22-2020 #BuPS // May-29-2020 @1.47 credit.
NFLX trading around 434, down ~$13.50 or so today.

NVDA BUPS Closed

#bups #earnings
$NVDA BTC 5/22 BUPS at .20. STO 5/12 at 2.05. Plan was to close before earnings tonight.

TSLA

BTC $TSLA 5-22-2020 720/730 #BuPS @0.09 debit. Was STO 5/8 @1.82.
Trade was earlier today when underlying was at about 812.

LULU Roll Out

Rolled $LULU May 15 2020 115/125 #BuPS // May 22 2020 @1.00 Credit.

NVDA Earnings 5/21

#bups #earnings
$NVDA STO 5/22 290/300 BUPS at 2.05

LULU

OX $LULU May-8-2020 190/200 #BuPS. STO 4/26 @0.66.

STO $LULU May-15-2020 215/225 #BuPS @0.84.

TSLA, SQ, TLRY, OXY, VIAC

BTC $TSLA May 15 2020 670/680 #BuPS @.32. Was Sto 4/29 @2.20
BTC $SQ Jun 19 2020 50/60 #BuPS @0.75. STO 5/6 @1.52

Assuming things don’t go crazy this afternoon:

OX $TLRY May 8 2020 $6.50 #ShortPut – STO 5/1 @.36
OA $TLRY May 8 2020 $7.00 #CoveredCalls – STO 5/1 @0.55. Overall Basis on the stock is $3.88. Position opened 3/31.

OX $OXY May 8 2020 $16 Call #CoveredCall
STO $OXY May 22 2020 $16 Call @0.44

OA $VIAC May 8 2020 $17 #CoveredCall – Position opened 4/23, @15.05, Basis @14.80 after roll last week.

ROKU BUPS Closed

#bups
$ROKU BTC 5/15 75/80 BUPS at .10. STO 4/6 @ 1.55. Thank you @ramie

ZM

Rolled $ZM 130/140 May-1-2020 #BuPS // May-08-2020 @0.70 Credit.

I probably should have closed it out yesterday with a small loss.

ZM – News

Know a couple people had some ZM holdings.

Headline pretty much says it all:

https://www.thestreet.com/investing/zoom-shares-fall-6-percent-as-google-makes-videoconferencing-free-for-up-to-100-people

Am sitting on a May-01-2020 130/140 #BuPS, which is down 40c from where I sold it. Debating closing or rolling. Have a feeling its going to be a nail-biter for this week.

TSLA

BTC $TSLA May-01-2020 605/615 #BuPS @0.45. Was STO 04/17 @1.86.

Taking a smaller win, and getting some risk off the table.