#bups
$ROKU STO 12/20/2019120/130 BUPS at 2.50
#shortputs
$BX STO 11/15 53.5 puts at 1.15. Building a stock position. $BX being added to the Morgan Stanley MSCI Index 11/26.
Tag Archives: BUPS
AAPL BUPS
$AAPL STO 12/20 240/250 BUPS at 1.30
NFLX IBM BUPS Closed Early
#bups
$NFLX BTC 11/15 265/275 BUPS at .40. STO 10/17 at 1.60. Thank you @Raime
$IBM BTC 11/15 130/135 BUPS at .40. STO 10/17 at 2.25.
SPX Campaign / NFLX Close Early
#spxcampaign
$SPX 10/30 2980/3000/3065/3085 Expired
$SPX STO 10/31 2985/3005/3070/3090 at .70 Hoping for a treat
#bups
$NFLX BTC 11/15 250/260 at .40. STO at 1.85
ISRG
#ShortPuts – After last week plenty of firepower to put back to work. High margin here but below a lot of support and only 30 days out. One of the biggest drops on my watchlists today…
Sold ISRG NOV 22 2019 505.0 Put @ 3.50
ISRG NFLX OSTK
ULTA GOOGL BUCS BUPS Closed / NUGT CHWY Puts Rolled / IBM NFLX BUPS
#bucs
$GOOGL STC 10/18 1230/1240 BUCS at 8.49. BTO at 5.32 on 9/24
$ULTA STC 10/18 230/250 BUCS at 16.50. BTO at 9.45 on 9/24
#bups
$GOOGL BTC 10/18 1200/1210 BUPS at .20. STO at 3.30 on 9/18
#shortputs
$NUGT BTC 10/18 31 put and STO 11/1 30 put at added .35 credit.
$CHWY BTC 10/18 28 put and STO 11/1 28 put at added .23 credit.
#bups
$NFLX STO 11/15 265/275 BUPS at 1.60. Thank you @ramie
$IBM STO 11/15 130/135 BUPS at 2.25
CMG
BTC $CMG 790/800 10/18/2019 #BuPS @0.14. Was STO 10/10 @1.5.
NFLX
MTN BUPS Closed
#bups
$MTN BTC 10/18 220/230 at 1.70. STO at 3.50
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.
LULU
BTC $LULU 175/185 Oct 18 #BuPS @0.14. Was STO Sept 30 @1.45.
STZ
LULU
STO $LULU 10/18/2019 175/185 #BuPS @1.45.
SPLK
BTC $SPLK 10/18/2019 125 put @ 8.8. Basically breakeven on this after a couple adjustments, but wanted to reduce risk.
Still holding $SPLK 105/115 #BuPS.
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.
ADBE BUPS Closed
#bups
$ADBE BTC 9/20 270/280 BUPS at .40. STO at 2.88 on 8/26
NFLX
BTC NFLX 9/20 165/175 #BuPS @1.28. Was STO 8/12 @1.42. Stock at 276.50 or so.
Is frustrating as this was ~@0.05 yesterday at the close. Looks like there was unfavorable analyst news out this morning which caused the underlying to tank. How convenient.
All That Glitters: Rolled GLD NUGT / Rolled KL HIIQ / GOOGL BUPS / SPX Campaign
#longcalls
$GLD STC 9/20 132 calls and BTO 10/18 140 calls pocketing 7.40 in profits per call
#coveredcalls
$KL BTC 9/20 50 call and STO 10/18 50 call for added 1.07 credit
$NUGT BTC 9/20 32 call and STO 10/18 36 call for added 1.07 credit and four added dollars if gold spikes
$HIIQ BTC 10/18 23 call and STO 10/18 25 call for .70 debit
#bups
$GOOGL STO 10/18 1200/1210 BUPS at 3.30. Earnings around 10/25. Plan to BTC at 50%
#spxcampaign #spx1dte
Expired
$SPX 2930/2950/3040/3060 STO at 1.20 Thank you @jeff
ADBE
AAPL MSFT BUPS / STNE Put
#bups
$AAPL STO 10/18 210/215 BUPS at 1.40
$MSFT STO 10/18 130/135 BUPS at 1.40
#shortputs
$STNE STO 10/18 36 put at 1.75. Replaces 9/20 30 put I closed for 95% profit yesterday. Thank you @jsd501
$SPX 1DTE Expired / OLLI BUCS and BUPS and Put Closed / Rolled TQQQ / STNE Put Closed / NUGT PLAN Rolled / EXAS Covered Call
#optionsexpiration #spxcampaign
$SPX 2865/2890 BUPS STO 9/10 at 1.35
$SPX 2960/2985 BUPS STO 9/12 at 2.85 Thank you @jeff
By Golly $OLLI All were opened after earnings release which dropped the stock.
$OLLI STC 9/20 55/60 BUCS on 9/10 for 4.50. BTO 8/29 at 2.97
$OLLI BTC 9/20 55/60 BUPS on 9/16 for .20/ STO 8/19 at 2.03
$OLLI BTC 9/20 55 puts at .05 on 9/12. STO 8/29 at 1.35
Have not been posting lately. A little out of sorts. Hope to be back soon.
#syntheticstock
$TQQQ Rolled 9/20 65 calls to 10/4 68 calls at even. Gain three points if called away. These sold against 66.67 LEAPS. Collected 68% of call cost so far.
$STNE BTC 9/20 30 put at .05/ STO 8/19 at 1.00. Thank you @fuzzy
$NUGT Rolled 9/20 35 put to 9/27 34 put at .37 debit.
$PLAN Rolled 9/20 50 put to 10/18 for added 1.10 credit. Thanks @honkhonk81 for original idea.
#coveredcalls
$EXAS STO 9/20 109 calls at 1.05
BYND
Rolled 9.20.2019 255/265 #BuPS // 10.19.2019 @0.27 credit.
TSLA
STO Sept-20-2019 220/230 #BuPS @0.74.
Rolled Sept-20-2019 250/260 #bearcallspreads to Oct-19-2019 255/265 @0.28 Credit. Stock around 252.50
ISRG
TSLA
LULU
Posted this as a comment…
#earnings LULU Sold Sept. 20,…
#earnings LULU
Sold Sept. 20, 170/187.50/190 jade lizard for 4.85
Bought Sept. 13, 155/167.50 for 1.90 for protection on the downside.
Thanks for the data Jeff.
NVDA
BTC $NVDA 140/150 #BuPS @0.12. Was STO 8/27 @1.37.
OLLI Another Fine Mess I am Getting Into?
SPLK Earnings
#Earnings #JadeLizards – Taking this off on the bounce for a small gain. Great premium so looking to re-establish a non-earnings Jade lizard now…
Bought to Close SPLK AUG 23 2019 122.0/131.0/134.0 Jade Lizard @ 2.60 (sold for 3.31)
SPX Expiring / LULU
NVDA
AAPL
BTC $AAPL 8/16/2019 180/190 #BuPS @0.10. Was STO 7/11 @1.30.
Still holding the 9/20 $AAPL 225/190 Strangle from yesterday.
BYND
BYND barely budging
They lost .24 per share, vs. .08 loss expected.
TSLA LULU
Expiring $TSLA 7/19/2019 275/265//190/200 IC. Legged into this on 6/18. Put side was sold @1.7, the calls @1.32.
BTC $LULU 8/16/2019 165/175 #Bups @.67. was STO 7/9 @1.40.
FB
BTC $FB 7/26/2019 180/190 #BUPS @1.65. Was STO 7/11 @1.49. Earnings 7/24 after. Taking a small loss and taking some risk off.
SPX ~1-DTE
BTC $SPX 2955/2965 #BuPS 7/19/2019 AM @.10. Was STO just before close yesterday @1.0.
Almost makes me even for the day against the $NFLX loss noted earlier. (I’m sure my broker isn’t complaining about the commissions they’ve banked)
NFLX
Roll $NFLX 7/19/2019 330/340 #bups for 330/340 8/16/2019 @-1.00. Ouch but not as much ouch as letting this expire ITM.
IBM
UAL earnings analysis
#Earnings $UAL reports tonight morning. Below are details on earnings one-day moves over the last 12 quarters.
April 16, 2019 AC +4.77%
Jan. 15, 2019 AC +6.35%
Oct. 16, 2018 AC +5.95%
July 17, 2018 AC +8.78% Biggest UP
April 17, 2018 AC +4.81%
Jan. 23, 2018 AC -11.44%
Oct. 18, 2017 AC -12.07% Biggest DOWN
July 18, 2017 AC -5.90%
April 17, 2017 AC -4.26%
Jan. 17, 2017 AC +0.35%
Oct. 17, 2016 BO -0.31%
July 19, 2016 BO +0.29%
Avg (+ or -) 5.44%
Bias -0.22%, no significant bias on earnings.
With stock at 93.00 the data suggests these ranges:
Based on current IV (expected move into Friday per TOS): 88.53 to 97.47
Based on AVERAGE move over last 12 quarters: 87.94 to 98.06
Based on MAXIMUM move over last 12 Q’s (12.1%): 81.77 to 104.23
Based on UP Max only (+8.8%): 101.17
Open to requests for other symbols.
LABU CC / TWLO BUCS Closed / DELL Put Closed / AMZN BUPS
#coveredcalls
$LABU STO 7/19 49 call at .75
#bucs
$TWLO STC 7/19 130/140 BUCS at 9.50. BTO at 5.20 on 6/5.
#shortputs
$DELL BTC 7/19 62.5 put at 7.80. STO on 6/13 for 9.40. Stock at 55.01. Not sure how I got out.
#bups
$AMZN STO 7/19 1980/1990 BUPS at 2.20. Will this be a Prime deal?
AMZN CRM PLAY Closed / TNDM Calls and Puts
#bups
$AMZN BTC 7/19 1800/1830 BUPS at .10. STO 6/25 for 6.35
$CRM BTC 7/19 145/155 BUPS at .40. STO 6/11 for 4.00
#coveredcalls
$TNDM STO 7/26 68 calls at 1.25. Earnings 7/29
#shortputs
$TNDM STO 7/26 64 puts at 2.60 Earnings still 7/29
$PLAY BTC 7/19 40 put at .40. STO 6/12 at 2.30
ADBE
STO $ADBE 8/16/2019 285/295 #BuPS @1.40.
ADBE + BYND
FB
STO $FB 180/190 7/26/2019 #BuPS @1.49. Earnings are on the 24th. 190 Put is ~22 delta.
FB
Early Close –
BTC FB 165/175 7/19/2019 #BuPS @ 0.07 – was STO 6/19 @1.20.
NFLX ADBE
NVDA
BTC $NVDA 7/19/2019 130/140 #BuPS @.10. Was STO 6/18 @1.55.
BYND BUPS
#bups
$BYND STO 7/19 120/130 BUPS at 2.15
BTC $STZ 170/180 6/21/2019 #BuPS…
BTC $STZ 170/180 6/21/2019 #BuPS @.30. Was STO 5/30 @1.37. Lower % profit than I was aiming for, but better a smaller win than a loss.
SPX 1 DTE Expired / TWLO Closed Early / Rolled HIIQ Puts
#spxcampaign #spx1dte
$SPX 6/19 2865/2845/2965/2985 IC. Thank you @jeffcp66
#bups
Closed Early
$TWLO BTC 6/21 130/135 BUPS at .20. STO at 1.70.
#shortputs
$HIIQ BTC 6/19 26 puts and STO 7/19 27 puts at added 2.80 credit.
FB
STO $FB 7/19/2019 165/175 #BuPS @1.20. The 175 Put is 20 delta. Earnings 7/24 (after expire).
ADBE
BTC $ADBE 6/28/2019 255/265 #BuPS @.12.
BYND
ADBE
BYND
NFLX TSLA NVDA AVGO
BTC $NFLX 315/325 6/21/2019 #BuPS @0.08. Was STO 6/14 @1.25.
STO $NFLX 330/340 6/28/2019 #BuPS @1.15
BTC $NVDA 125/135 6/21/2019 #BuPS @0.08 Was STO 5/24 @1.55.
STO $NVDA 130/140 7/19/19 #BuPS @1.5
BTC $TSLA 185/195 6/21/2019 #BuPS @0.08 Was STO 6/13 @1.05.
BTC $AVGO 240/250 6/21/2019 #BuPS @0.10 ( no fills at 0.08) Was STO 6/7 @1.35
Looking at unwinding a $BYND IC. Started with a 110/120 #BuPS and (foolishly?) added a 180/190 BeCS leg late last week.
FB AMZN ISRG FB Spreads Closed / SPX Campaign / LABU Covered Call
#bups
$AMZN BTC 6/21 1750/1740 at .15. STO at 2.15.
$AMZN BTC 6/21 1815/1765 at 1.80. STO at 11.50 Thank you @ramie77
$FB BTC 6/21 180/190 BUPS at 4.50. STO at 2.60
#bucs
$ISRG STC 6/21 480/500 at 17.20. BTO at 10.00
#spxcampaign
$SPX STO 6/26 2795/2770/2960/2985 IC at 2.80
#coveredcalls
$LABU STO 6/28 48 call at 1.70
STO $NFLX 315/325 6/19 #bups…
STO $NFLX 315/325 6/21/19 #bups @1.25. 325 puts are ~21 delta.
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.
AVGO earnings analysis
#Earnings $AVGO reports tonight. Below are details on earnings one-day moves over the last 12 quarters.
March 14, 2019 AC +8.23% Biggest UP
Dec. 6, 2018 AC +0.58%
Sept. 6, 2018 AC +7.69%
June 7, 2018 AC -2.53%
March 15, 2018 AC -4.81% Biggest DOWN
Dec. 6, 2017 AC 0.00%
Aug. 24, 2017 AC -3.70%
June 1, 2017 AC +8.49%
March 1, 2017 AC +0.99%
Dec. 8, 2016 AC +4.90%
Sept. 1, 2016 AC -2.24%
June 2, 2016 AC +4.93%
Avg (+ or -) 4.09%
Bias 1.88%, positive bias on earnings.
With stock at 282.50 the data suggests these ranges:
Based on current IV (expected move into Friday per TOS): 265.11 to 299.89
Based on AVERAGE move over last 12 quarters: 270.94 to 294.06
Based on MAXIMUM move over last 12 Q’s (8.5%): 258.52 to 306.48
Based on DOWN Max only (-4.8%): 268.91
Open to requests for other symbols.
LULU
AMZN Partial Close BUPS
BA Close BECS / CRM BUPS
#bearcallspreads
$BA BTC 6/21 370/380 BECS at .70. STO at 1.88 on 5/23. Thank you @ramie77
#bups
$CRM STO 7/19 145/155 BUPS at 4.00
SPX 1-dte expiring
FIVE BUPS / LABU Covered Call
#bups
$FIVE STO 6/21 125/130 BUPS at 1.43
#coveredcalls
$LABU STO 6/14 46 call at .80
BYND
BTC $BYND 55/60 Jun 21 2019 #BuPS @.10. Was STO 5/21 @1.0
ADBE
BTC $ADBE 255/265 Jun 7 #BuPS @0.08. Was Opened 5/25 @1.65.
GOOGL BUPS DOVA Calls Closed / Rolled TQQQ Calls
#bups
$GOOGL BTC 6/21 1145/1160 BUPS at total loss. Stock put to me last night. Nightmare!!!
#coveredcalls
$DOVA BTC 6/21 12.5 calls at .10. STO at .73
$TQQQ BTC 6/14 59 and STO 6/7 50 call for .45 credit. Who knew today would be THAT day.
Trades: SPX ADBE NVDA TSLA
IRBT / GOOGL Adventure / SPX1DTE / LABU CVX Short Calls SFIX Expired / FB Assigned/ KNX SQ Short Puts
#bups
$IRBT BTC 5/3 98/102 BUPS for .20. STO at 1.35.
$IRBT STO 5/10 95/100 BUPS for 1.00
$IRBT STO 5/10 100105 BUPS for 2.05 You rock @honkhonk81
$GOOGL Misadventure
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
#spx1dte
$SPX 5/3 2850/2870/2945/2965 will show 90% of profit as market closed finally. Thank you @jeffcp66
#shortcalls
$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.
#optionsexpiration
$SFIX 28 call (covered)
#assignment
$FB 195 calls
#shortputs
$KNX STO 6/21 30 put at .80
$SQ STO 6/21 65 put at 1.82 Thank you @thomberg1201
IRBT roll
Rolled $IRBT 90/100 4/26/2019 #BUPS to 5/10/2019 $1 credit.
Options Bistro 