#Earnings #JadeLizard – With the IV in this thing and only one day to go I feel like I’ve gotta do something. Working both sides at the expected move (+/- 6.50) and selling a Jade Lizard. No upside risk here and breakeven down around the 100ma. One third position size just in case a repair is needed.
Sold 57.0 Puts and Sold 70/71 Call Spreads @ 1.19 total credit
#Earnings – I was early figuring this move would get sold but I’ll take it…
Sold to Close 325/335/345 Call Butterfly @ 2.35 (bought for .64)
.58 loss on the put butterfly so net gain of 1.13….just a little over 100 percent. Same position is sitting at 3.16 right now. No regrets!
#earnings #shortstraddle X
sold Aug. 17, 35 straddle for 3.26, TT follow.
Good luck with TSLA everyone, I’ll be back Tuesday.
STO BWBF Aug 3 322.5/325.0/332.5 .64 Cr
TT Trade #Earnings
#earnings TSLA
Anybody rolling the dice?
This is the first time on this trip I’m still awake for the open.
Sold to close $AET Aug 3rd 190 calls for 1.00. Bought for 1.50, #PreEarnings.
BTC $MU Aug 3rd 55 call for .10. Sold for .80 last week. Looking to replace. #PieTrades
#Earnings:
Sold to Open $SQ 71 calls for .78. Order in to sell the 60 puts. Calls are covered, some with stock, some synthetically with long LEAPs.
Sold $TSLA Aug 3rd 260 puts for 2.75. Looking to sell 330 calls for 2.25 on the bounce.
#Earnings. Only trades this week… placed orders in premarket and was filled… didn’t get best prices of the day by any means!
Monday: Sold $SHOP Aug 3rd 140 puts for 1.40.
Tuesday: Sold $AAPL Aug 3rd 177.5/200 strangles, .75 each side (1.50 total). Calls are covered.
#earnings #ironcondor AAPL
sold September 21, 170/175/205/210 for 1.42
Keeping some upside risk but also adding some risk to the downside.
Sold LRCX Aug17 202.5 calls @ 1.15 against long post-ER 200 calls
Sold NVDA Aug17 277.5 calls @ .97 against long pre-ER 275 calls
Sold GOOGL Aug10 1282.5 calls @ 4.4 against long post-ER 1280 calls
#earnings
#Earnings – Taking a total loss of $177 dollars in my iron fly lottery tickets. It’s amazing that not even a 4.1% GDP can overcome the power of the Fuzz….how many billions of dollars of market value have I wiped out in two days??
🙂
😦
One good, EXPE up 10.40 so the 115 puts crushed to .025 and since I don’t have any other trades lined up at the moment will let it expire.
One bad, WDC down 5.61 now. I am short the 75 puts for next week. About $300 left in time value so will let that erode a little more and roll it next week.
Everything else looks like it will expire or call out as I posted yesterday.
Biotechs down today, LABU down big so it may be a potential trade for Monday. Also looking at SMH 21 DTE #pietrade and a few others but too busy to look more than that today. Will find some over the weekend.
Have a great weekend!
BABA moved earnings from 8/2 to 8/23 (three weeks out). Now confirmed.
We can’t say that @fuzzballl didn’t warn us. lol.
#earnings
#earnings #closing #shortstrangles TWTR
Yesterday sold Aug. 17, 35/50 strangle for 1.54, bought today for 1.38, TWTR down 17% into the 35s, maybe a #fallingknife trade in the future.
STC 72.50 Call 3.00 BTO 7/26 2.06 #earnings
2nd Time, will look to re-enter on a pull back
NFLX
STC Jul 27 347.5/350.0 BuCS 2.49 BTO 7/23 2.00 #supercharger
#earnings #closing #shortputs CMG
Yesterday sold September 380/390 for 1.27, bought this morning for .45
Only trades today were GTC orders to close $BIIB July 27th 300/415 #Earnings strangle. Closed each side for .20; sold on Monday for 2.40.
Other than that, looks like I’ll be long more $FB stock tonight or over the weekend (a couple 197.5 puts and one 200 put).
I’m planning to execute few if any trades until August 9th. We are staying with my wife’s parents in Yokohama until then, and we’ll be touring the country and climbing Mt Fuji. On the 9th, we check in to a Tokyo AirBnB for another two weeks, and then I’ll start transitioning back into the job. We return to Portland on August 23rd.
Glad to have all your posts to read when I wake up! Let’s me know what’s happening out there.
#Earnings – OK…after this TWTR should be trading about 15 dollars tonight. 🙂
Sold 38.5/42.5/46.5 Iron Flies @ 3.27
Risking 73 to make 327 needing just slightly less than the expected move…
#earnings #shortputs CMG
Sold Sept. 19 380/390 for 1.27. CMG can move 50 points after earnings faster than you can be charged 4.50 for a small scoop of guacamole.
#earnings #shortstrangles TWTR
Sold August 17, 35/50 strangle for 1.54, outside the expected move for tomorrow.
Opened first layer of PYPL post-ER. Bot Aug10 strangle 93c/87.5c @ 1.76. Historical data shows that PYPL makes a big move after earnings but is fickle about direction so we play both sides here.
#earnings
#shortputs #earnings #shortstock FB
I am short 100 shares of FB, assignment at 175 but a basis of 186 so I’m going to be happy even though I sold a 185 put that expires tomorrow.
Followed Ramie with a 160/170 Bups for 2.14, also sold Dec. 140/150 BuPS for 1.57
Bot AMZN call fly Aug3 1850/1900/1960 @ 4.40 in two accounts to hold through earnings. Looking for a pin around 1900 after earnings but will take any profit I can get in the 1850 to 1960 range.
#earnings
BTO Aug 3 72.5 Call 2.05
2nd trade #earnings
STC Aug 3 145 Calls 1.85 BTO 7/12 1.55 #Earnings
Thx MamaCash
After 24 hours of travel I was NOT staying up for a 10:30pm market open, so I set up a few orders and slept through the night.
Sold strangles on $FB #Earnings… 197.5/230, fortunately small in size!
Closed $EOG #PreEarnings trade for almost a double.
Closed my final $SPX spreads for profit. Now flat in $SPX for first time in 3 years.
Today was a fun and busy day. Looks like tomorrow will just be a busy day.:-)
STC EA pre-ER for small loss. Second pre-ER loser this quarter. GOOGL was the first.
STC CAT pre-ER Aug3 140c @ 3.80 for 58% profit. Bot @ 2.40. Third and last round of CAT
STC SHOP pre-ER Aug3 180c @ 4.40 for 42%. Bot @ 3.10 ydy. Third round of SHOP pre-ER
Rolled BABA Aug10 calls down to 35d twice collecting $1552 profit.
BTO BABA pre-ER Aug3 202.5 @ 1.46. Third round of BABA pre-ER
BTO WYNN pre-ER Aug3 167.5c @ 3.60. Fourth round of WYNN pre-ER
BTO LRCX strangle Aug3 175c/167.5p @7.37. Will hold through earnings for a pop or drop.
BTO CHKP post-ER based on reaction to earnings. Aug17 120c @ .85
BTO GRUB post-ER trade Aug10 140c @ 2. Will buy more layers if pullbacks.
#Earnings – Just for the heck of it….
Sold 212.5/217.5/222.5 Iron Flies @ 4.48
Risk 52 to make 448 but need half the expected move…low risk with low probability.
Avoiding #earnings #rolling #shortputs WDC
July 9, sold 76 put for 1.23, rolled to September, 75 put for .92, earnings are July 26, WDC down a little over a dollar to 75 and change today.
#Earnings #ShortStock. In LAX for our connecting flight to Tokyo. Closed the second half of the $SNA short stock for 166.89. Assigned Friday at 170… closed half yesterday for breakeven, but this second lot turns it into a higher profit trade than originally expected. Nice drop on an otherwise strong day for the market.
#Earnings #ShortStock Covering $SNA short stock, assigned at 170 on Friday. I have covered half, buying to close at 171.40, which makes that batch breakeven since the earnings strangle was sold for 1.40.
Leaving the rest for hopefully lower prices.
#Earnings Sold $BIIB July 27th 300/415 strangles for 2.40.
FIVE-DAY MOVES: Biggest UP move: 9.5%, Biggest DOWN move: -16.9%, Average move: 5.7%. These strikes are +15.9% and -16.2% OTM.
#OptionsExpiration #Earnings #ContangoETFs
— Expiring w/max profit —
$COF 93.5 puts, sold yesterday for 1.40
$GUSH 48 call, sold for 1.05 last month
$ISRG 520/525 call spread, sold yesterday for 2.75 (wish I’d waited on both!)
$NFLX 475 call, sold Monday for 1.00
$SNA 145 puts, sold Wednesday
— Assignments —
$MU 54 and 54.5 #CoveredCalls #PieTrades Originally assigned via 55 puts, after a few weeks of call sales, exiting with cost basis around 51.
$SNA 170 calls, going short the stock. No weekly options on this so I think it will be quicker to get out on a dip next week.
#Earnings $NFLX has not recovered from its drop strongly and I don’t want to mess with this if it drops into the close.
BTC NFLX July 20th 360 put for .27. Sold for 3.46 last week. Leaving 475 call to expire.
#Earnings Closed one of my $ISRG 520/525 call spreads for 4.49. Saved 51 bucks from allowing it to expire ITM. I’ll wait longer on the other one in case the stock starts dropping. Sold them yesterday for 2.75.
#Earnings I sold two (2) $ISRG July 20th 520/525 call spreads for 2.75. Max loss 2.25. Chart looks over done. Better than 1:1 so why not?
#Earnings Sold to Open $COF 93.5 puts for 1.10.
Biggest UP move: 8.6%, Biggest DOWN move: -13.1%, Average move: 4.0%. When filled, this trade was 1.8% OTM. Chart looks decent, and the strike is below the 200 dma. I can take assignment and sell calls if necessary.
Also considering a similar trade on $CTAS.
I might BUY a strangle on $SKX, since it often moves big.
#Earnings Finally, an earnings trade that works like they’re supposed to. $SNA July 20th 145/170 strangle sold yesterday for 1.40. Dead centered. Will close for cheap or allow to expire.
#Earnings Put in this order hours ago and it just filled:
Sold $SNA July 20th 145/170 strangles for 1.40.
Biggest UP move: 6.7%, Biggest DOWN move: -7.4%, Average move: 4.2%. My strikes are +7.3% and -8.5% OTM.
#Earnings Bought to close $NFLX July 20th 360/350 put spreads for 1.00. Sold for 1.70 on Friday.
BTC NFLX July 20th 360 put for 1.43. Sold for 3.46 last week.
I have a single strangle remaining, 360/475, sold for 4.46 total. I will leave it to expire.
#Earnings Closed 1 of my 3 $NFLX July 20th 360 puts for breakeven, 3.40 (covering commissions). I’ll leave the other two.
Looking to close my 360/350 spread for breakeven or small profit, too. The spreads are in smaller accounts and don’t want to risk full loss if NFLX peters out and reverses down.
#Earnings I sold $NFLX July 20th 360 puts last week, avg price 4.07.
Looking at the stock’s move over the last 12 quarters, with the stock right now at 400, its
ONE-DAY max UP move would take us to 476.08 (19.0%), max DOWN move would take us to 347.52 (-13.1%)
FIVE-DAY max UP move would take us to 511.00 (27.8%), while max DOWN move is the same, 347.52.
I may sell 475 calls if I can get a buck or more.
#Earnings #Rolling. I was looking for a gap fill on this, and mostly got it, but instead of exiting when I should have, I’m getting torn up today, adding to the depth of the hole. Trades on this one never go smoothly for me.
Buying to close $RH July 20th 120 call for 18.55-19.80. I’ll pay more for the remainder if I can’t get more pullback.
Sold for 12.40 last week. Could have gotten out for 8-9 dollars earlier this week. Came close to doing it but decided to wait. This morning’s huge rally slammed me.
Not sure what I will do to get back. I may just sell strangles, a bit at a time.
#Earnings Sold another $NFLX July 20th 360 put for 4.00, adding to the ones sold for 3.25 yesterday.
In smaller accounts, sold NFLX July 20th 360/350 put spreads for 1.70.
#PreEarnings #Earnings
STC LMT 320 23 JUL 2018 @5.10. BTO at $3.20 yesterday
#PreEarnings #Earnings Sold to close $LMT July 27th 317.5 calls for 6.85. Bought for 2.40 on Tuesday. Adding the first round, that’s 6.45 profit in this one… thanks MamaCash for finding us this ticker! May try for another round on a pullback.
#shortputspread #earnings NFLX
Sold Sept. 350/360 put spread for 2.20
#Earnings Using today’s pullback to start my earnings trade on $NFLX. I only play this bullish on earnings (or perhaps way OTM calls if I can get enough premium). It has had huge up moves but only modest down moves in recent quarters.
Sold $NFLX July 20th 360 puts for 3.20.
Biggest UP move: 19.0%, Biggest DOWN move: -13.1%, Average move: 9.4%. This trade is -12.4% OTM.
#PreEarnings #Earnings #Rolling
Sold to Close $LMT July 20th 310 calls for 3.00. Bought for 1.00 last week.
Rolled to: Bought $LMT July 27th 317.5 calls for 2.40.
#Earnings #Rolling BTC $RH 150 puts for 13.65. Sold July 20th 125 calls for 12.40. I’m actually looking for this one to fill the gap. It has tended to do that often after a big rise on earnings. I will add puts to this if we trade lower. I almost never get away from an earnings trade on this one easily.
#Earnings #Assignment #PieTrades Assigned $YY stock when July 6th 110 put was assigned early. Sold July 13th 97 call for 1.25. I’ll turn this into a PieTrade for recovery.
#PieTrades Sold $MU July 13th 53.5 #CoveredCalls for 1.00
#earnings #shortstraddle #longstraddle
Tastytrade
7 minutes on post earnings straddles, interesting numbers
https://www.tastytrade.com/tt/daily_recaps/2018-06-29/episodes/selling-cheap-straddles-after-earnings-06-29-2018
#Earnings #EarningsRunUp
Bought to open $LMT July 20th 310 calls for 1.00. I will assess the trade’s performance next Friday, 7 dte.
#Earnings #PieTrades
Closed $STZ June 29th 220 puts for .65, .45, .20, and one left. Scaling out of my naked puts over the day. I also have some spreads, but I think we will close above 220. Watching closely to avoid assignment.
BTC $MU June 29th 52.5 covered Call for .15 to avoid assignment. Sold for .80 on Wednesday. Trying to sell a call for next week.
#Earnings Sold to Open $STZ June 29th 220/245 strangles for 1.43.
Biggest UP move: 6.4%, Biggest DOWN move: -7.1%, Average move: 3.9%. Fairly minor mover, with upside bias.
In smaller accounts also trying for a 2.5 pt. condor at the same short strikes.
#Earnings. Due to my travels I wasn’t able to post this yesterday, but I sold $MU June 22nd 56 puts for .87, closed this morning for .04.
#Earnings #Rolling I have not managed $OLED well at all since getting slammed on earnings. I’m actually not too far in the hole so sticking with 1-lots:
BTC $OLED June 15th 115 put for 21.75. Sold for 19.00 last month.
STO July 6th 100 put for 7.60
STO July 20th 110 put for 16.80.
#OptionsExpiration
Only one winning expiration:
$GUSH 45 call, sold for 1.05 in April, #ContangoETFs
These expired as losses:
$SPX long June 15th 2825/2850 call spreads, bought for .75, avg price, #SPXCampaign
$VXX long 30 puts, bought for 1.17, avg price
$VXX long 25 put, bought for .21
$AMBA long 50 call, bought for 3.90, #LongCalls
Also, hedges expiring (partially replaced with #VXXGame trades yesterday):
$UVXY 60 calls, bought for .69, avg price
#Earnings Like an old friend you agree can stay over for a couple nights, but ends up crashing on your couch for several weeks, $RH is back in my portfolio for awhile.
Closed $RH June 15th 146 calls for 11.90, avg price.
Sold $RH July 6th 150/155 #ShortStrangles for 12.60. I’ll manage this based on how she swings.
RH the only thing on my screens that’s up
#Earnings And of course, that’s because I have ITM short calls expiring today.
#Earnings BTC $RH (1) June 15th 146 call for 7.00. I sold 5 strangles for 1.75 on Monday. I closed the 90 puts for .05 on Tuesday, now I’ve closed my first call. I’ll be out completely by the close tomorrow and then start the roll process, going with strangles to recoup my average exit cost.
BTC $TQQQ June 29th 56 puts for .50. Sold on June 5th for 1.15. Since I sold more puts yesterday I didn’t want to wait for these to get cheaper.
#Earnings – This thing just looks way overbought here. Taking a shot with a #JadeLizard with no upside risk while giving it some downside room. Thanks @Jeff for the data on this. Staying small here…
Sold RH JUN 15 2018 94.0 Puts @ 1.37
Sold RH JUN 15 2018 120.0/122.0 Bear Call Spreads @ .75
Total credit 2.12 with 2.00 of upside risk. Breakeven of 91.88 to the downside which is about 10 dollars more than the expected move.
#Earnings This is one of the most difficult earnings trades to nail… More often it shoots much higher, but then it has been known to reverse sharply and gobble up longs. Premium is thus quite elevated… selling a strangle over 20% OTM on both sides…. Stock is currently pretty extended to upside and the put side is comfortably down near the 200 ema.
Sold $RH June 15th 90/146 strangles for 1.75 (calls are highest available strike)
Biggest UP move: 49.4%, Biggest DOWN move: -28.6%, Average move: 14.6%. My strikes are +24.5% and -23.3% OTM
#Earnings #Rolling
BTC $YY June 8th 115 put for 5.25. Sold for 1.80 on Tuesday
Sold YY July 6th 110 put for 5.50. Moved down 5 points and got an extra .25.
Glad I wasn’t paying much attention on Tuesday or I probably would have sold more than one. I also got filled on a 110 for .85, trying to see if I can let that one expire.
#earnings SIG
up 17% after earnings
AMBA down 14%
#Earnings This one has not been a big mover on earnings, except for the last two quarters, which account for its two biggest moves, up and down. I’m selling a few puts, but beware, it could be over-extended.
Sold $YY June 8th 115 put for 1.80. May add a couple 110 puts, too.
Biggest UP move: 24.8%, Biggest DOWN move: -12.3%, Average move: 5.1%. This trade is -5.9% OTM.
#earnings
$YY BTO 6/8 116 call at 4.78
I will find out YY I did this after earnings 6/5 (after close)
#Earnings Closed $COST June 1st 195 puts for .16. Sold yesterday for 1.583 (avg price)
#earnings #ironcondor COST
bought June 15 180/185/210/215 for .30, sold yesterday for .77.
#earnings #shortputspread LULU
Bought Sept. 80/90 for .62, sold yesterday for 1.69, LULU up about 12 so far.
#earnings (not really) #shortputspread LULU
Trying something, Sold Sept. 80/90 put spread for 1.69. If it goes up as it has been, I’ll take a quick .50 or so, similar to the June 15 80/90.
#Earnings Sold to Open $COST June 1st 195 puts for 1.55. Biggest UP move: 3.6%, Biggest DOWN move: -6.0%, Average move: 2.8%. This trade is -1.8% OTM. This is a bullish trade. I’ll probably convert to a long position if my puts go ITM.
#Earnings Bullish or neutral on ULTA, bullish on COST.
Trying the $ULTA June 1st 230/270 strangle for 3.00-3.40. No fill yet, backing in. Biggest UP move: 17.3%, Biggest DOWN move: -9.1%, Average move: 6.6%. Bias +2.55% Strikes are +/-8.0%
Perennial favorites: GME, LULU, WDAY, ULTA, COST, VMW
#Earnings before the open tomorrow. I’ve got long LEAPS against 101 strike weeklies. Position makes money up to the expected move then tails off a little after that. Looking for something else to go with it for low risk. Premium isn’t to shabby.
#earnings #shortstrangles BBY
Bought 65/75 strangle for .37, sold yesterday for 1.07
#earnings #shortstrangles BBY
Sold June 15, 65/86 strangle for 1.07, BBY is just under 76
MU #Earnings BOISE, Idaho , May 23, 2018 (GLOBE NEWSWIRE) — Micron Technology, Inc. (NASDAQ:MU) today announced that it will hold its fiscal third quarter earnings conference call on Wednesday, June 20, 2018 at 2:30 p.m. MDT . A live webcast of the call will be available via the Investor Relations website at investors.micron.com. A webcast replay will be available for approximately one year after the call.
Options Bistro 