#coveredcalls
$SQ BTC 9/18 144 calls and STO 9/25 149 calls at 1.51 debit. Stock at 153.16
$NVAX BTC 9/18 110 calls and STO 9/25 115 calls at 1. credit. Stock at 110.17
$PENN BTC 9/18 62 calls and STO 10/2 70 calls at 2.50 debit. Stock at 70.80
Tag Archives: CoveredCalls
NVAX Calls / MRVL Straddle
#coveredcalls
$NVAX STO 9/18 110 calls at 2.60
#shortstraddle
$MRVL STO 9/25 40 straddle at 2.30
TDOC Put Closed / SQ Calls / KR Put Rolled
#shortputs
$TDOC BTC 9/18 180 put at 1.40. STO at 3.10. Thank you @fuzzballl
$KR BTC 9/18 35 put and STO 9/25 put at .11 added credit
#coveredcalls
$SQ STO 9/18 144 call at 2.40
STX
#CoveredCalls – A new batch replacing this week’s. Should have this position long enough to capture the dividend the following week.
Sold STX SEP 18 2020 46.0 Calls @ .91
LABU OSTK
#CoveredCalls #ShortPuts – Booking, rolling and adding…
OSTK: Covered call and new sale.
Rolled OSTK SEP 11 2020 70.0 Call to SEP 18 2020 70.0 Call @ 2.16 credit
Sold OSTK SEP 18 2020 75.0 Put @ 4.00
LABU: These weren’t looking so hot a couple days ago. I’ll take ’em here.
Bought to Close LABU SEP 11 2020 45.0 Puts @ .30 (sold for 1.80)
Bought to Close LABU SEP 11 2020 47.5 Put @ .70 (sold for 2.45)
NUGT Calls Rolled / VXX Puts
#coveredcalls
$NUGT BTC 9/18 100 calls and STO 9/26 105 calls at .15 debit. Been rolling this longer then the miller’s daughter in Rumpelstiltskin has been spinning gold from hair.
#shortputs
$VXX STO 9/11 26 put at .25. Thank you @optioniceman for reminding to sell against the long $VXX pyt.
#coveredcalls WBA M Replacing a…
#coveredcalls WBA M
Replacing a couple expirations
WBA sold Sept. 18, 39 call for .18
M sold Sept. 18, 8 call for .17
AAL
STO Sep-11-2020 14 #CoveredCalls @0.34
Holding for expire Sep-04-2020 14 #ShortCalls
DOCU NFLX OSTK SLB STX TNA UVXY
#ShortPuts #Earnings #CoveredCalls – A few this morning…
DOCU: Earnings booking it for safety.
Bought to Close DOCU SEP 18 2020 190.0 Put @ 2.60 (sold for 3.34)
NFLX: Short strangle rolling call down for extra credit.
Rolled NFLX SEP 18 2020 640.0 Call to NFLX SEP 18 2020 600.0 Call @ 1.25 credit (6.65 total now)
OSTK: Will be assigned 100 shares. Got an early start on covered calls right at the open.
Sold OSTK SEP 11 2020 70.0 Call @ 7.50
SLB: Covered rolling.
Rolled SLB SEP 4 2020 19.0 Calls to SEP 18 2020 19.0 Calls @ .48 credit
STX: Covered rolling.
Rolled STX SEP 4 2020 46.0 Calls to SEP 11 2020 46.5 Calls @ .15 credit
TNA: Booking for safety.
Bought to Close TNA SEP 18 2020 27.0 Put @ .64 (sold for .90)
Bought to Close TNA SEP 18 2020 28.0 Put @ .85 (sold for 1.08)
UVXY: Replacing some closed yesterday.
Sold UVXY SEP 11 2020 24.5 Puts @ 1.10
UVXY
#CoveredCalls – Picking up some upside…
Rolled UVXY SEP 11 2020 20.0 Calls to UVXY SEP 18 2020 21.0 Calls @ .15 credit
#closing and #coveredcalls COF Aug….
#closing and #coveredcalls
COF Aug. 19 sold 57.50/75 #shortstrangles for 1.67, bought today for 1.22
CC sold Sept. 4, 21 covered call for .43
SPCE
#CoveredCalls – Rolling…
Rolled SPCE AUG 28 2020 15.0 Calls to SEP 18 2020 15.0 Calls @ .43 credit
UVXY
#CoveredCalls #Shortputs – Rolling and adding…
Rolled UVXY AUG 28 2020 19.0 Calls to SEP 11 2020 20.0 Calls @ .25 credit
Sold UVXY SEP 4 2020 20.0 Puts @ .72
Assigned on BAX Covered Calls, Profit $3,325 in 82 days, 3.8% or 17% annualized.
~ JEFFLSMITH ~ EDIT”ASSIGNED ON BAX COVERED CALLS, PROFIT $3,325 IN 82 DAYS, 3.8% OR 17% ANNUALIZED.”
Baxter had a nice jump in stock price the last couple of days closing at over $86 yesterday. We were short Aug 28 $83 and $83.50 calls. Plans were to roll the options up and out (diagonal) today and hope the upward momentum continued. Stock goes Exdiv today with a dividend of $.245 which we intended to capture. Made a mistake not rolling up to “out of the money” strike price yesterday and lost the dividend ($367) as a result.
We may replace the position today. Baxter doesn’t have the volatility (lower return on covered calls) but it pays a solid dividend and is a good core healthcare holding.
#coveredcalls #shortputs UNG X CC…
#coveredcalls #shortputs UNG X CC CCL
UNG sold Sept. 18, 13 put for .35
X sold Aug. 28, 8 call for .11
CC sold Aug. 28, 21 call for .30
CCL sold Sept. 18, 18 call for .52
#coveredcalls #jadelizard MRO WBA AMD…
#coveredcalls #jadelizard MRO WBA AMD
MRO sold Sept. 18, 6 call for .17
WBA sold Sept. 4, 41.50 call for .28
AMD sold Sept. 18, 73/90/91 for 1.11 #tastytradefollow modification
Update on ABT CC, Profit $8,497 in 87 Days, 31.1% Return or 130% Annualized
Our Covered Call strategy on ABT was established with the purchase of 300 shares on May 26. Since that time we have added to the position with 300 shares on 6/25 and 400 on 8/21. Covered Call strategy on Abbott has performed well aided by an upward move in the stock. We have rolled the options 13 times and had two expirations. Abbott is attractive for CC Writing as it trades weekly options, potential for growth on the stock price and pays a dividend.
FSLY LVGO NFLX NVDA SLB UVXY
#ShortPuts #ShortStrangles #CoveredCalls – That’s about it for this week. Ready for the election fun with my biggest cash position of the year.
FSLY: A quickie for fun.
Bought to Close FSLY SEP 4 2020 65.0 Put @ .29 (sold for 1.25)
LVGO: Still holding positions in the other side of the merger with TDOC.
Bought to Close LVGO AUG 28 2020 110.0 Put @ .20 (sold for 2.30)
Bought to Close LVGO SEP 4 2020 100.0 Put @ .60 (sold for 2.05)
NFLX: Second time with one of these. Booking it a little early for safety.
Bought to Close NFLX SEP 4 2020 425.0/575.0 Strangle @ 1.44 (sold for 4.75)
NVDA: Cramer really talking it up. Rolling up from the 50ma to the 20ma for additional credit.
Rolled NVDA SEP 18 2020 425.0 Put to SEP 18 2020 450.0 Put @ 3.10 credit (7.05 total now)
SLB: Covered Calls.
Bought to Close SLB AUG 21 2020 19.0 Calls @ .01 (sold for .53)
Sold SLB SEP 4 2020 19.0 Calls @ .37
UVXY: Rolling covered calls for more credit while keeping a little downside cushion.
Rolled UVXY AUG 21 2020 19.0 Calls to AUG 28 2020 19.0 Calls @ .60 credit
Rolled UVXY AUG 21 2020 17.0 Calls to SEP 4 2020 17.0 Calls @ .38 credit
WDC to STX swap
#CoveredCalls – Thanks to @OptionIceman for reminding me WDC had suspended it’s divvy. I was not aware of this. STX is a similar company with a similar chart and a similar divvy. Liquidated my WDC and bought an equal number of shares in STX. WDC was underwater so I’ll roll all that into the new position and go from there with an STX basis.
Thanks again Iceman!
AMZN NVDA SPCE WDC
#IronCondors #ShortStrangles #CoveredCalls #Earnings – A little bit of everything today…
AMZN: Book it. Remnants of an iron condor after closing the longs recently.
Bought to Close AMZN AUG 21 2020 2700.0/3700.0 Strangle @ .25 (sold for 4.05)
NVDA: Earnings plus new position.
Bought to Close NVDA AUG 21 2020 455.0 Put @ .23 (sold for 4.10)
Bought to Close NVDA SEP 04 2020 425.0 Put @ 1.55 (sold for 3.80)
Sold NVDA SEP 18 2020 425.0 Put @ 3.95
SPCE: Covered. New sales playing to the downside.
Bought to Close SPCE AUG 21 2020 18.0 Calls @ .05 (sold for 1.65)
Sold SPCE AUG 28 2020 15.0 Calls @ 2.05
WDC: Stock assigned early so beginning covered call campaign. Great divvy down here.
Sold WDC SEP 11 2020 36.0 Calls @ .56
#coveredcalls SDC Bought a Sept….
#coveredcalls SDC
Bought a Sept. 4, 8.5 covered call for 7.73.
Thanks for the idea Jefflsmith
SQ NUGT Rolls / TQQQ Puts Closed
#coveredcalls
$SQ BTC 8/21 142 calls and STO 8/28 145 calls at .75 debit. Basis now 88.40
$NUGT BTC 8/21 94 calls and STO 8/28 101 calls at 2.30 debit. Basis now 116.10
#shortputs
$TQQQ BTC 8/21 90 put at .10. Thank you @fuzzballl
#coveredcalls CNQ Bought a Sept….
#coveredcalls CNQ
Bought a Sept. 18, 21 covered call for 19.53, .32 dividend on Sept. 17, current price of 20.33
TOS still updating…
SPCE
#CoveredCalls – Rolling…
Rolled SPCE AUG 14 2020 17.5 Calls to AUG 21 2020 18.0 Calls @ .11 credit
LABU UVXY
#ShortPuts #CoveredCalls – Booking some and getting a jump start on covered call selling…
LABU: Probably safe but I’ll take ’em early.
Bought to Close LABU AUG 21 2020 40.0 Puts @ .20 (sold for 1.39)
UVXY: Letting stock get assigned at 21.45 basis since puts aren’t very rollable now. Covering aggressively in case volatility stays low. In an IRA so have to spread it for now.
Sold UVXY AUG 21 2020 19.0/39.0 Bear Call Spreads @ 2.07
TQQQ Puts Closed / TDOC LVGO Puts / MRNA Calls
#shortputs
$TQQQ BTC 8/14 80 put at .05. STO 7/28 at 1.10. Thank you @jsd501
$TDOC STO 9/4 165 put at 4.30 Thank you @fuzzballl
$LVGO STO 9/4 100 put at 2.00. Just what the @fuzzballl ordered.
#coveredcalls
$MRNA STO 8/14 75 calls at 1.05
Covered Call on PTON Assigned, Profit $6,090 in 19 Days, 9.6% ROI or 184% Annualized
On Friday PTON stock closed above our strike price of $66 and stock was assigned. We purchased the stock on July 20. Calendar roll on 7/24 and Diagonal Roll up from $63.50 to $66 on Jul 31. We had an order in for a diagonal roll up on Aug 7 but didn’t get filled resulting in the assignment. Intend to establish a new covered call position in PTON today.
Expiration Part 2
#coveredcalls
$PFE 41 calls
$RAD 16.5 calls
APT 20 calls
$MRVL 40 calls
SPCE
#CoveredCalls – Stock should be assigned around a 19.75 basis so getting an early start on covered calls. Planning on closing the long side of the put spreads a little later and letting the shorts get assigned so lower the better rest of the day.
Sold SPCE AUG 14 2020 17.5 Calls @ 1.58
WYNN
#CoveredCalls – Stock never got as weak as I was hoping so letting stock get called away slightly below my basis. Replacing with a short put for recovery.
WYNN Stock called away @ 65.0 (basis 68.95)
Sold WYNN AUG 14 2020 71.5 Put @ 1.05
UVXY
#CoveredCalls – I’ve got a few shares of stock I’ve been covering to keep my basis somewhat near the stock drop. Instead of selling more aggressive strikes I’ve been going out further and overlapping the sales. Once I can safely get a stop on a batch I sell the next ones. This week looks safe so…
Earlier this week:
Sold UVXY AUG 14 2020 25.0 Calls @ 1.50
And today:
Sold UVXY AUG 21 2020 25.0 Calls @ 1.42
CODX Puts / OLLI Calls
#shortputs
$CODX STO 8/7 27 put at 1.50
#coveredcalls
$OLLI STO 8/21 110 call at 1.80
ROKU NVAX Calls Rolled
#coveredcalls
$SQ BTC 8/7 131 call and STO 8/14 138 call at 1.65 debit. Earnings tomorrow so I have an earnings play. Stock at 135.86.
$NVAX BTC 8/7 145 calls and STO 8/7 155 calls at debit of 4.60. Stock at 154.95.
UVXY
#ShortPuts #CoveredCalls – Bringing in some nice cash while continuing to stay aggressive every week…
Covered:
Bought to Close UVXY JUL 31 2020 25.5 Calls @ .17 (sold for 4.90)
Sold UVXY AUG 7 2020 26.0 Calls @ 1.45
In a different account:
Rolled UVXY JUL 31 2020 26.0 Puts to UVXY AUG 7 2020 24.0 Puts @ .24 credit (1.26 total now)
NTAP SLB WYNN
#CoveredCalls – Rolled some sold some. I won’t bore you with the details. Still plugging along. WYNN earnings next week.
SLB
#CoveredCalls – After quite a few credit rolls finally out of this one. Still some work to do in it though…
Bought to Close SLB JUL 31 2020 19.5 Calls @ .01 (sold for 1.65)
RAD SQ Calls Rolled
$RAD BTC 7/31 15.50 call and STO 8/7 16.50 call at even
$SQ BTC 7/31 129 call and STO 8/7 131 call at $3.00 added credit
KHC Strangle / NVAX Roll Call / NVDA Put Closed
#shortstrangles
$KHC STO 7/31 34/37 strangle at .86 Thank you @honkhonk81
#coveredcalls
$NVAX BTC 7/31 145 call and STO 8/7 145 call at added $14 credit. Stock at 146
#shortputs
$NVDA BTC 8/7 350 put at .30. STO on 7/6 at 4.40. Thank you @fuzzballl
WYNN
#CoveredCalls – Staying bearish and rolling down. Cutting long deltas about in half. Earnings next week (maybe)
Rolled WYNN JUL 31 2020 70.0 Call to JUL 31 2020 65.0 Call @ 3.55 credit (7.35 total now)
NTAP UVXY WYNN
#ShortPuts #CoveredCalls – A few today…
NTAP: Old earnings trade still plugging away with covered calls. Next earnings still a few weeks away.
Bought to Close NTAP JUL 24 2020 45.0 Calls @ .04 (sold for .71)
Sold NTAP JUL 31 2020 45.0 Calls @ .48
UVXY: Good day in this one. Rolling covered calls and replacing short puts expiring today.
Rolled UVXY JUL 24 2020 27.0 Calls to JUL 31 2020 27.5 Calls @ 1.15 credit (4.55 total now)
Sold UVXY JUL 31 2020 26.0 Puts @ 1.02
WYNN: Glad I went 10 dollars in the money with the covered call last week.
Bought to Close WYNN JUL 24 2020 70.0 Call @ 2.22 (sold for 13.35)
Sold WYNN JUL 31 2020 70.0 Call @ 3.80
PFE Calls
#coveredcalls
$PFE STO 7/24 38.50 calls at .27
APT Calls / NUGT Calls Rolled / NFLX Put Closed
#coveredcalls
$APT STO 7/24 23 calls at .55
$NUGT BTC 8/21 90 calls and STO 8/21 95 calls for $3 debit. Stock at 98.12
$AAOI STO 7/24 14.50 calls at .40
#shortputs #earnings
$NFLX BTC 7/24 450 put at .40. STO at 4.94. Thank you @fuzzballl for trade and the caution.
#coveredcalls CGC Bought 100 shares…
#coveredcalls CGC
Bought 100 shares @17.73, sold July 31, 18 call for .52. 17.21 debit
MRNA NVAX Call Roll / TQQQ Close Put
#coveredcalls
$MRNA BTC 7/17 90 call and STO 7/24 95 call at extra 2.50 credit. Stock at 94.85 at days end. Will try to roll again.
$NVAX BTC 7/24 120 call and STO 7/31 130 call at debit of .25. Stock jumped to 140.49 during the day. Rolling again on Monday perhaps.
#shortputs
$TQQQ BTC 7/31 50 put at .10. Thank you @jsd501 AKA the King of QQQ’s. 😉
EWZ NFLX NTAP OLED ROKU SLB VXX WYNN
EWZ: It keeps paying.
Bought to Close EWZ JUL 24 2020 27.5 Puts @ .05 (sold for .72)
NFLX: Still holding next week’s 450 short put.
Sold NFLX AUG 21 2020 400.0/600.0 Strangle @ 8.55
NTAP: Covered calls.
Bought to Close NTAP JUL 17 2020 45.0 Calls @ .02 (sold for .80)
Sold NTAP JUL 24 2020 45.0 Calls @ .71
OLED: Closed for tiny profit. Replaced with NFLX strangle.
Bought to Close OLED JUL 31 2020 145.0 Put @ 2.65 (sold for 2.90)
ROKU: Another one gone early.
Bought to Close ROKU JUL 24 2020 115.0 Put @ .06 (sold for 2.07)
SLB: Covered call roll with earnings next week.
Rolled SLB JUL 17 2020 18.5 Calls to JUL 24 2020 19.0 Calls @ .25 credit (1.65 total now)
VXX: Booked it earlier in the day.
Bought to Close VXX JUL 17 2020 31.5 Puts @ .37 (sold for .72)
WYNN: Stock will be assigned at about 88.05. Wanted to get it covered quickly. In an IRA so have to spread the call sale for now. Going DITM for max downside protection. Vegas could close again. Basis 74.90 after this sale with 2 weeks still to go to earnings.
Sold WYNN JUL 24 2020 70.0/100 Bear Call Spread @ 13.15
WORK
BTC $WORK Jul-24-2020 32.5 #CoveredCalls @1.15 Debit. Was STO 07-08-2020 @1.85
Underlying up slightly this morning.
MS NVAX Calls Rolled
#coveredcalls
$MS BTC 7/17 52.50 call and STO 7/24 54 calls at additional .11 credit
$NVTA BTC 7/17 112 call and STO 7/24 120 calls at additional 3.68 credit
MRVL Call Roll
#coveredcalls
$MRVL BTC 7/17 40 call and STO 8/7 40 call at .58 extra credit
CRWD SQ Put Rolled / MS Call
#shortputs
$CRWD BTC 7/17 104 put and STO 7/24 102 put at added 3.42 credit
$SQ BTC 7/17 125 put and STO 7/24 124 put at added 1.80 credit
#coveredcalls
$MS STO 7/17 52.50 call at .64
#shortputs #closing DKNG June 25…
#shortputs #closing DKNG #putratiospread LUV #coveredcalls CCL
DKNG June 25 sold a July 17, 30 put for 1.23, bought today for .35
LUV sold Aug. 17, 30/30/32.50 put ratio spread for .26
#tastytradefollow
CCL bought 100 shares @ 16.88, sold July 17, 16.50 call for .88
MRNA Call and Put / T Put Closed / NEO Put Rolled / PFE Call and Put
#coveredcalls
$MRNA STO 7/17 90 call at 2.08
$PFE STO 7/17 36 call at .24
$PFE STO 7/24 36.5 call at .36
#shortputs
$T BTC 7/17 29 put at .05. STO at .50
$NEO BTC 7/17 35 put and STO 8/21 35 put at added 1.85 credit. 7/17 was sold for 1.95. Total credit now 3.80
$MRNA STO 7/17 75 put at 1.05
$PFE STO 7/24 34.5 put at .25
NVAX Call
#coveredcalls
$NVAX STO 7/17 112 call at 2.80
AAL
STO $AAL Aug-21-2020 14 #CoveredCalls @0.92. Basis now 11.96. Stock @11.62.
Expirations
OX $SLB 19 #CoveredCallS. Replaced yesterday with $18.5 @0.25 for next week.
OX $SPX 3065/3075/3215/3225 #IronCondor. Sold yesterday @0.75. (thanks Jeff)
RAD Roll
#coveredcalls
$RAD BTC 18.50 call and STO 7/24 19 call at added .05 credit.
LABU Put / NEO Call Roll / PFE Strangle
#shortputs
$LABU STO 7/24 51.5 put at 1.60
#coveredcalls
$NEO BTC 7/17/35 call and STO 8/21 40 call at .40 debit. Stock at 35.49
#shortstrangles
$PFE STO 7/10 34/34.5 strangle at .61
HAL Put NUGT Call Rolled
#shortputs
$HAL BTC 7/17 15 put and STO 7/24 15 put at .13 added credit
#coveredcalls
$NUGT BTC 7/17 80 call and STO 7/31 82 call at 1.40 added 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.
Rolling PFE Call
#coveredcalls
$PFE BTC 7/2 32.50 call and STO 7/17 35 call at added .75 credit and 2.50 in price if called away. Vaccine.
NTAP
#CoveredCalls – An old earnings trade that’s been a pain for a long time. Getting closer to being out…
Bought to Close NTAP JUL 2 2020 45.0 Calls @ .05 (sold for 1.10)
Sold NTAP JUL 17 2020 45.0 Calls @ .80
OSTK
Rolled OSTK Jul-17-2020 $27.5 #CoveredCalls // Aug-21-2020 $30’s for $1 Credit and 2.50 better strike. Basis $17.93.
SQ Call
#coveredcalls
$SQ STO 7/2 106 call at $1.00
#coveredcalls CODX Bought 100 shares…
#coveredcalls CODX
Bought 100 shares @17.35, sold a July 2, 17 call for 1.10, debit of 16.25
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!
SPY
6/26/20….Purchased SPY stock at 301.00…..STO 8/7/20 305 Call at 10.25…..BTO 7/17/20 280 Put at 3.10…
#coveredcalls #suecollar
STMP TNA UVXY
#ShortPuts #CoveredCalls – A few today…
STMP: Doing this as a live demo for a buddy who’s learning option trading. He picked the stock and strike then I adjusted down a little for extra safety. Two weeks before earnings on this one.
Sold STMP JUL 17 2020 150.0 Put @ 3.53
TNA: Rolling out and down.
Rolled TNA JUN 26 2020 28.5 Puts to JUL 02 2020 27.5 Puts @ even (1.70 total credit so far)
UVXY: This week’s short puts look good. Covered calls DITM so wouldn’t mind a pullback here. Come and get these Mr. Market.
Sold UVXY JUL 10 2020 30.0 Puts @ 2.28
#shortputs DKNG Sold July 17,…
#shortputs DKNG #coveredcalls
DKNG Sold July 17, 30 put for 1.23.
#tastytradefollow
KSS bought 100 shares @ 19.77, sold July 2, 19 call for 1.42, debit of 18.35
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.
#shortputs UAL #coveredcalls MRO UAL…
#shortputs UAL #coveredcalls MRO
UAL Sold July 17, 29 put for 1.16
MRO Bought 100 shares @6.26, sold July 17, 7 call for .30, debit of 5.96.
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
#coveredcalls X Bought 100 shares…
Bought 100 shares @8.20. sold July 2, 8.50 call for .48, debit of 7.72.
WFC early roll
Bought to close 1 WFC 06/19/2020 27.50 Covered Call / Sold 1 06/26/2020 28.50 Covered Call @ 0.22 Credit plus a 1.00 point better strike.
This increases my potential profit by $120 for holding the stock for one more week and pushes the strike price above my stock cost.
#CoveredCalls
SPY
#CoveredCalls #Dividends – I’m not sure how SPY reacts to dividends and how likely a call position DITM is of getting exercised early. Was going to let this get called away at a tiny profit but I’ll hang onto it for the weekend to make sure I get the divvy.
Rolled SPY JUN 19 2020 263.0 Calls to JUN 22 2020 265.0 Calls @ 2.02 debit
Paying .02 to insure what is hopefully about a 1.40 divvy.
SDGR Put / ROKU Calls
#shortputs
$SDGR STO 6/19 65 put at 1.40
#coveredcalls
$ROKU STO 6/26 116 calls at 3.48
Options Bistro 