Sold UVXY 01/25/2019 67.00 Calls @ 0.68 with the stock at 60.75. Sold against some old long calls left over from old diagonal spreads. #DoubleDip
Sold TSLA 01/25/2019 355.00 Calls @ 0.95 against some existing long 400 Calls left over from other diagonal spreads.
edit: Added one more @ 1.17 with stock at 317.
The last rally on the stock ran out of gas short of the 355.0 Strike price
$NFLX #ShortPuts #DoubleDip – in an attempt to convince the stock to stay below 120, I’m replacing the short puts I covered this morning with Short Dec 18 109.0 Puts at 0.23.
I don’t see the stock breaking below the 115 low set on Monday’s pullback or breaking the 50dayMA currently at 113.84
These expire Friday