TQQQ

#CoveredCalls – I did a trade! Woohoo! Have to say I don’t hate the pullback. Helps out some of the ITM positions.

Rolled TQQQ FEB 15 2019 44.0 Call to MAR 1 2019 45.0 Call @ .21 credit

Adding 1.21 of upside while still keeping a little more downside help.

LABU

#CoveredCalls – My other one is ITM and requiring lengthy rolls. Trying to stay out of the way on this one. Hopefully they’ll be adding strikes eventually. Pretty poor selection right now.

Rolled LABU FEB 15 2019 49.0 Call to MAR 08 2019 52.0 Call @ .25 credit

INTC trades

#Earnings #DoubleCalendar #LongStock #CoveredCalls #Dividends
Lat week’s double cal didn’t work but I stuck with the trade, selling the long put and taking assignment, cost basis of 47.34.

Today I lightened the load, selling slightly less than half of the stock for 49.00.

I’m converting the rest into a #PieTrade, so I sold to Open $INTC March 15th 50 covered calls for 1.01.

NVDA

#CoveredCalls – Looked safe a couple days ago but not now. Rolling out a week and up 5 points. Earnings the following week so very nice premium coming up. Have to do this now since I’ve gotta leave before the close.

Rolled NVDA FEB 01 2019 145.0 Call to FEB 08 2019 150.0 Call @ .30 credit

Short a 145.0 Put next week also. Setting up for the roll into earnings if needed.

T

#ShortPuts #CoveredCalls – Assigned early at 30.21 basis which I don’t mind. Can get the call sales done now.

Sold T MAR 15 2019 31.0 Calls @ .41

AMAT LABU SMH SOXL TNA TQQQ URI UVXY XBI

#LongCalls #CoveredCalls #LEAPS #ShortPuts – Been a slow couple weeks with the rally and being busy at work. Pretty much all hands on deck to keep things going with this crazy weather! Rolling some covered calls and ratio’d short calls against LEAPS and booking a couple winners for safety. Haven’t been adding anything new…just working with what I’ve got and trying to streamline things a little and be better about adding anything.

AMAT: Ratio’d and rolling just a week to stay prior to earnings.
Rolled AMAT FEB 1 2019 36.0 Calls to FEB 8 2019 36.0 Calls @ .10 credit

LABU: One contract DITM roll below basis…my least favorite position right now but can roll as long as needed.
Rolled LABU FEB 15 2019 35.0 Call JUN 21 2019 40.0 Call @ .01 credit

SMH: Ratio’d roll. Trying to stay as short term as possible.
Rolled SMH FEB 8 2019 91.0 Calls to FEB 22 2019 91.5 Calls @ .17 credit

SOXL: This was ITM not long ago so booking it. Sell again on next pullback.
Bought to Close SOXL FEB 15 2019 75.0 Put at .55 (sold for 3.50)

TNA: Big rally so rolling ratio’d and covered.
Rolled TNA FEB 8 2019 48.5 Calls to FEB 22 2019 49.0 Calls @ even (LEAPS position)
Rolled TNA FEB 1 2019 50.0 Calls to MAR 15 2019 52.0 Calls @ .20 credit (covered)

TQQQ: Added to LEAPS a few days ago so this is ratio’d now.
Rolled TQQQ FEB 8 2019 40.5 Calls to FEB 22 2019 41.0 Calls @ .06 credit
Rolled TQQQ FEB 15 2019 40.0 Call to MAR 15 2019 41.0 Call @ .20 credit (covered)

URI: Book it!
Bought to Close URI FEB 15 2019 105.0 Put @ .20 (sold for 2.30)

UVXY: Rolling short ratio’d puts down. Long LEAP puts working great. This works as a nice hedge on volatility spikes.
Rolled UVXY FEB 15 2019 70.0 Puts to MAR 15 2019 68.0 Puts @ .10 credit

XBI: Ratio’d roll.
Rolled XBI FEB 1 2019 78.0 Calls to FEB 22 2019 79.0 Calls @ .06 credit.

Obviously if I’d seen the Powell capitulation coming I’d not have sold any covered calls. Rolling working fine but capping upside (but giving a nice hedge also). These are all long term positions so working fine. Ratio’d short calls selling below LEAPS is a must. That way the rolls can be gradual since small to no upside risk.

Covered Calls

#CoveredCalls #LongStock Sold to Open $PVTL Feb 15th 18 calls for .75