NVDA

#Earnings – They don’t report until next week and I had already sold a partial put position at the 180 strike but never got a chance to add. To get the rest of the position on I’m going with a super bullish position but protection if she implodes.

Sold NVDA NOV 10 2017 210.0/200.0 Bull Put Spread @ 5.25

Scenarios:

1. NVDA rallies then yay!
2. NVDA drifts on up into the announcement might book it early.
3. NVDA implodes I book the long put and take stock at a decent basis to sell covered calls.

SHOP earnings

#Earnings Sold to Open $SHOP Nov 3rd 100/125 strangles for 3.30. A bullish leaning trade. Over last 12 quarters, Biggest UP move: 13.0%, Biggest DOWN move: -3.7%, Average move: 7.8%. My strikes are -7.0% and +16.3% OTM.

AMZN

#Earnings – Closed iron flies to avoid exercise fees and taking .78 loss…

Bought to Close AMZN OCT 27 2017 990.0/1000.0/1010.0 Iron Flies @ 10.03 (sold for 9.25)

WDC earnings

#Earnings – Not really seeing anything for tomorrow that I like so letting out the leash a little. These should have a little bit of volatility collapse anyway. Selling down around the 200 ma.

Sold WDC NOV 17 2017 85.0 Puts @ 1.55

#earnings GOOGL Nov. 17 IC…

#earnings GOOGL

Nov. 17 IC followed from TT 967.50/970/1020/1022.50 for 1.86. His trade was for tomorrow, I’ll be driving all day, try not to trade from my phone at 80 mph heh heh

#Earnings BIDU – puts at…

#Earnings

BIDU – puts at the expected move still 2.40
EXPE – decent premium
WDC – Up on the back of STX rally

Leaning towards WDC strangles of some sort…

NSC earnings

#Earnings #ShortPuts BTC $NSC Oct 27th 130 puts for .35, near the open. Sold for 1.10 on Monday. After a day on the hole I’m clearing this one off early, mainly to release margin.

AMZN earnings

#Earnings The 30-point ATM #IronButterfly is going for about 25.00 right now (940/970/1000). That would allow a 2.6% move for breakeven. Here are its one day moves last 12 quarters. Quieter lately as stock price has gotten much higher.

July 27, 2017 AC -2.48%
April 27, 2017 AC 0.71%
Feb. 2, 2017 AC -3.54%
Oct. 27, 2016 AC -5.13%
July 28, 2016 AC 0.82%
April 28, 2016 AC 9.56%
Jan. 28, 2016 AC -7.60%
Oct. 22, 2015 AC 6.22%
July 23, 2015 AC 9.79%
April 23, 2015 AC 14.13%
Jan. 29, 2015 AC 13.71%
Oct. 23, 2014 AC -8.34%

FFIV earnings

#Earnings #ShortStrangles – Decent earnings season so far…sold 11 minutes before the close and closed 3 minutes after the open. My kind of trade!

Bought to Close FFIV OCT 27 2017 115.0/130.0 Strangles @ .10 (sold for 2.40)

🙂 🙂

FFIV earnings

#Earnings #ShortStrangles – Out of AVGO earlier so now there’s room to take a shot at this one…

Sold FFIV OCT 27 2017 115.0/130.0 Strangles @ 2.40

Skewed slighly bullish with an expected move of 7.01 with stock at 118.90

CMG closed

#Earnings Took the loss at a discount,
closed $CMG Oct 27th 290/300/350/360 #IronCondor for 9.65. Saved .35 from letting it expire… it could recover into Friday, but I’m doubting it. This also releases some margin.

CMG dying?

I still like their burrito bowls. My 300/290 put spread, not so much. #Earnings

$NSC #ShortPuts #Earnings – Sold…

$NSC #ShortPuts #Earnings – Sold NSC Oct 27 2017 125.0 Puts @ 0.40 with the stock at 132.58

$NSC #ShortPuts #Earnings – Sold…

$NSC #ShortPuts #Earnings – Sold NSC Oct 27 2017 124.0 Puts @ 0.35 with the stock at 132.31
Norfolk Southern (NYSE:NSC) declares $0.61/share quarterly dividend, in line with previous.
Forward yield 1.83%
Payable Dec. 11; for shareholders of record Nov. 3; ex-div Nov. 2.
So I would probably take the stock in to collect a quick dividend.

CMG earnings

#Earnings I was looking for a trade on this and then @thomberg1201‘s post popped up to inspire me.

Sold $CMG Oct 27th 290/300/350/360 #IronCondor for 2.40. Biggest UP move: 7.8%, Biggest DOWN move: -9.3%, Average move: 5.7%. My short strikes are -7.6% and +7.9% OTM.

#earnings CMG Sold Nov. 17…

#earnings CMG
Sold Nov. 17 295/300 for 1.05, stock at 324

REGN

#CoveredCalls – Next week using this week’s high as a sell point. Stock looking weak so staying aggressive with the sales. #Earnings on Nov 8th…

Bought to Close REGN OCT 27 2017 450.0 Call @ .30 (sold for 3.50)
Sold REGN NOV 3 2017 437.5 Call @ 4.50

NSC Earnings

#Earnings #ShortPuts Sold to Open $NSC Oct 27th 130 puts for 1.10. Biggest UP move: 10.5%, Biggest DOWN move: -3.5%, Average move: 3.0%. This trade is -2.3% OTM.

#bups

AMZN

#LongCallDiagonals #Earnings – To give my iron flies a little encouragement, I’m rolling down the front month call on the diagonal trade to hedge a little.

Rolled AMZN OCT 27 2017 1000.0 Call to OCT 27 2017 990.0 Call @ 3.55 credit (premium received now 11.75)

AMZN

#Earnings – An idea from John Carter last night. Playing it bullish with a nice even pin at 1000.00. He said the selloff yesterday was a perfect opportunity for this so giving it a shot. Risk 75 to make 925 but very directional.

Sold AMZN OCT 27 2017 990.0/1000.0/1010.0 Iron Flies @ 9.25

NVDA

#Earnings – Trying something a little different. Instead of waiting until the day of the announcement I’m selling a starter position in case this thing breaks higher. I’ll add if it drops and then decide later if I’m gonna sell the call side.

Selling the 50 ma the week of earnings…

Sold NVDA NOV 10 2017 180.0 Put @ 2.30

NVDA

#ShortStrangles – Taking a little off and looking out to #Earnings week for a new position…

Bought to Close NVDA NOV 3 2017 180.0/215.0 Strangles @ .63 (sold for 5.11)

WYNN

#Earnings ?? – As usual the date changed over the weekend. TOS estimating the 26th now but IV still reflects their original date of Nov 1st. Who knows? Nothing on the WYNN website yet…

Options Expiration 10/20/17

#OptionsExpiration #Earnings #ContangoETFs #VXXGame #LongPutDiagonals

Forgot to post this!

— Expiring w/max profit —
HCA 82.5 #CoveredCalls
NUGT 45 call
SVXY 55 and 68 puts
VXX 50 call

— Expiring w/max loss —
GWW 180/185 #ShortCallSpreads
NFLX 210/220/230 #CallButterfly

NFLX earnings

#Earnings #IronButterfly BTC $NFLX Oct 20th 200 put for 5.80. Sold in the 190/200/210 Iron Butterfly for 8.18 on Monday. Plus I had a call butterfly that was a bust, so profit all together was a whopping 1.18!

ATHN earnings

#Earnings #ShortStrangles – Finally out of the entire position. Great earnings day in this and ISRG…decks are clear for next week now.

Bought to Close ATHN OCT 20 2017 106.0/129.0 Strangles @ .25 (sold for 2.35)

ATHN earnings

#Earnings #ShortStrangles – Pushing the limits on the call side so still watching. I’ll switch to puts and roll it out if it stays strong. Closing the puts while waiting…

Bought to Close ATHN OCT 20 2017 106.0 Puts @ .05

ISRG earnings

#Earnings #ShortStrangles – Closing this while I’ve got a chance. Last time I did an earnings trade on this one I pushed my luck on the call side and had to fight it for 6 months…

Bought to Close ISRG OCT 20 2017 340.0/375.0 Strangles @ .85 (sold for 3.55)

ATHN earnings

#Earnings #ShortStrangles – First time ever in this ticker. Expected move of 9.75 but seems to exceed the move a lot of the time. Staying small…

Sold ATHN OCT 20 2017 106.0/129.0 Strangles @ 2.35

ISRG earnings

#Earnings #ShortStrangles – Got out of this a couple weeks ago. Had so much fun I’m heading back in…

Sold ISRG OCT 20 2017 340.0/375.0 Strangles @ 3.55 (expected move of 14.05)

HCA covered call

#Earnings #CoveredCalls #LongStock Trump talking in the Rose Garden has some healthcare stocks spiking right now.

Sold $HCA Nov 17th 80 call for 1.30

GWW earnings

#Earnings Sold $GWW Oct 20th 180/185 call spreads; filled for 2.51 with an order for 2.50, so you can probably get more. 1:1 risk/reward with a very lousy history of earnings. Biggest UP move: 1.6%, Biggest DOWN move: -11.4%, Average move: 3.8%. Negative bias: -3.4%. Stock must move down 1% or more for this trade to retain max profit.

NFLX earnings

#Earnings $NFLX seems to be the new kickoff for earnings trades, since the banks last week are pretty dull options-wise. Since it rose so much last week, I’m not finding the greatest premium. I’m thinking of buying a bullish #CallButterfly, 210/220/230 for about 1.25. Low risk for a max 8.75 win, and bullish seems to be the only direction it knows. The other trade is to sell an ATM #IronButterfly 190/200/210 for about 8.15. Similar risk/reward if you think it won’t move much (which was the case last January and April). Here are the FIVE-DAY moves after earnings last 12 quarters:

Mon 07/17/2017 AC 16.59%
Mon 04/17/2017 AC -2.97%
Wed 01/18/2017 AC 3.09%
Mon 10/17/2016 AC 27.75%
Mon 07/18/2016 AC -13.07%
Mon 04/18/2016 AC -11.53%
Tue 01/19/2016 AC -6.64%
Wed 10/14/2015 AC -7.74%
Wed 07/15/2015 AC 12.65%
Wed 04/15/2015 AC 19.33%
Tue 01/20/2015 AC 25.41%
Wed 10/15/2014 AC -19.92%

HCA/AAOI dump

#Earnings #ShortPuts #LongStock
As noted last night $AAOI has taken its expected dump, one night before my 55 puts were to expire. Will consider my options based on today’s action.

I’ve been waiting for $HCA to recover but it’s taking a big hit today, along with all Healthcare ($XLV) since Trump is expected to cut ACA subsidies. I’m long some stock with #CoveredCalls

Closed PLCE position

#Earnings #LongStocks #CoveredCalls This one dropped big since its highs so I’m exiting since the position is nicely in profit but could lose it if the stock drops more. Originally sold 110 puts on Aug 11th for 2.00, then took assignment of the stock and sold covered calls. Final profit is about 2.27.

Sold PLCE stock for 110.05.
BTC Oct 20th 115 covered calls for .95. Sold for 1.73 (avg price).

FB covered call

#Earnings #CoveredCalls STO $FB Oct 27th 177.5 call for 1.35. This is basically my covered call practice trade. I’m holding 100 shares of a stock I believe will go higher and selling calls against it, with the intention of rolling should assignment ever become likely.

RH earnings roll

#Earnings #ShortStrangles. $RH
Sept 5th: Sold Sept 8th 36/64.5 strangles for 1.10
Sept 7th: Rolled 64.5 calls to a Oct 20th 65/75 strangle, .44 credit.
TODAY: Closed strangle for 4.19. Rolled to Oct 27th 72/80 strangle for 4.25.

Now look for them to expire worthless with 1.60 total credit.

HCA covered call

#Earnings #LongStock #CoveredCalls
Sold $HCA Oct 20th 82.5 covered call for .75, adding to the position.
Looks like earnings are last week of October. Hopefully stock can recover up to 82 area so I can exit before then, but may play through earnings if necessary.

NVDA URI WDC WYNN

#401k #IRA – Going thru some long term positions that were more delta plays as opposed to theta. Clearing the decks just a little to make room for some #Earnings possibilities or the occasional #FallingKnife opportunity.

Bought to Close NVDA JAN 19 2018 110.0 Put @ .81 (sold for 2.50)
Bought to Close NVDA JAN 19 2018 120.0 Put @ 1.39 (sold for 4.25)

Bought to Close URI JAN 19 2018 75.0 Put @ .35 (sold for 2.30)
Bought to Close URI JAN 19 2018 80.0 Put @ .48 (sold for 3.10)
Bought to Close URI JAN 19 2018 85.0 Put @ .64 (sold for 4.20)

Bought to Close WDC JAN 19 2018 70.0 Put @ 1.43 (sold for 2.70)
Bought to Close WDC JAN 19 2018 75.0 Put @ 2.43 (sold for 3.95)

Bought to Close WYNN JAN 19 2018 100.0 Puts @ .62 (sold for 2.70)

Closed Earlies (plural?)/SPX Campaign/Short Puts

Closed Early
#earnings
$ADBE STO 9/22 150/155/162.5/157.5 @ 3.10
Closed out BUPS today at high of day (only stroke of good fortune today) BECS portion will expire. Trade lost 63 per contract.
Others Closed Today
$TSLA BTC 9/22 380/370 BECS @ 2.70 STO as part of IC @ 1.94 BUPS part will expire worthless tomorrow. Trade netted 151 per contract.
$JD BTC 10/20 45/43 BECS @ .80 STO as part of IC on 8/30 @ .65. The BUPS is still open and 71% profitable.
$SNAP BTC 10/20 15 put @ 1.51. STO 8/29 @ 1.15
$SPX BTC 9/22 2450/2475 BUPS @ 90% profit
$SPX BTC 9/25 2525/2500 BECS @ 8.00 STO 8/22 @ 2.00

Trades
#spxcampaign
$SPX STO 10/20 2390/2415 BUPS @ 1.45 Thank you @jeffcp66
$SPX STO 9/22 2480/2505 BUPS @ 3.50 Thank you @jeffcp66
#shortputs
$AAPL 10/20 140/148 BUPS @ 1.00 (OMM Trade)

HCA covered calls

#Earnings #LongStock #CoveredCalls
This stinker cannot get back above 80. Was assigned stock back in July.
Sold $HCA Nov 17th 82.5 call for 1.05.

ADBE Earnings Iron Condor

#earnings
$ADBE STO 9/22 150/155/162.5/157.5 @ 3.10

Last nine quarters biggest stock move 8% down and 7% up.

AZO closed, REGN rolled

#Earnings #ShortStrangles

Bought to close $AZO Sep 22nd 505/630 strangles for .55. Sold yesterday for 3.20. Didn’t want to wait and see if it decides to tank again.

Closed REGN Sep 29th 430 put for 8.50. Sold in the 430/530 strangle for 7.40 on Aug 23rd. 530 call previously closed for .20.
#StrangleRoll: Sold Oct 6th 412.5/447.5 strangle for 9.30.

BBY earnings closed

#Earnings #LongStock
Sold my final 100 shares of $BBY for 57.74 as my one-dollar trailing stop was hit.

Original trade: Sold Sep 1st 57.5 puts on 8/28 for 1.06.
Assigned stock on Sep 1st
Waited for recovery and sold stock between 56.50 and 58.50.
Max profit on original trade: $738.50
Final profit in the end: $684.50

AZO earnings

#Earnings #ShortStrangles
Sold to Open $AZO Sep 22nd 505/630 strangles for 3.20. Biggest UP move: 5.8%, Biggest DOWN move: -11.8%, Average move: 2.7%. My trade filled at 569.00 as AZO dropped from its intraday high. Probably possible to get above 3.50 now.

AZO moved down -11.8% on the day after earning last quarter, but then bounced and hovered for a few weeks before dropping much lower. I was able to escape the trade with full profit before the bigger drop. That was before AZO added weeklys.

My strikes are -11.2% and +10.7% OTM. Position size is small.

Options Expiration 9/15/17

#OptionsExpiration #ContangoETFs #VXXGame #SPXcampaign #Earnings #CoveredCalls

— Expiring w/max profit —
DRIP 35 call
KOLD 45 call
SVXY 75 put
SPX 2505/2530 call spreads (sold in a #CondorRoll for 3.95 on Tuesday)

— Expiring w/loss —
SPX 2420/2405 LONG put spreads, bought for 1.25 last Friday

#Assignment
PLCE 110 covered call, partial stock position being called away

BBY stock sold

#Earnings #Assignment #LongStock
Sold more shares today at 57.50 and 58.50, assigned at 56.44 basis. Now that the full position is nicely profitable I put my remaining shares on trail stops of .50 and 1.00.

$AZO #ShortPuts – Bought to…

$AZO #ShortPuts – Bought to close AZO SEP 15 2017 480.0 Puts @ 0.05.
Originally sold at 2.30 & again at 3.50 after the #Earnings drop in May

BBY stock for sale

#Earnings #Assignment #LongStock
Sold shares of $BBY for 56.50, and 56.75. Cost basis 56.44 from 57.5 put assignment on 9/1.

Covered Call premium not attractive enough to play with this one. I don’t trust the business either with Amazon devouring all retail in sight. Will sell out of remaining shares as it moves up or down from here.

Options Expiration 9/8/17

#OptionsExpiration #Earnings #VXXGame #LongPutDiagonals

— Expiring —
RH 36 puts
UVXY 28 & 29 puts

To Bistro-ites in Florida… stay safe!

Like a friend who stays longer than you expected…

#Earnings #StrangleRoll Looks like I am committing to a longer term relationship with $RH. Not happy about my sloppy exit, but what’s done is done.

BTC RH Sep 8th 64.5 calls for 7.05
STO RH Oct 20th 65/75 strangles for 6.70. Sold an extra 65 put for 3.90, to give me a roll credit of .43 on the whole trade. I will manage this similarly to #PerpetualRollingStrangles

RH earnings blowout

#Earnings Sold 64.5 calls, 28% OTM… and got slammed. Up 43%! The previous day-after earnings max intraday move was only 27%. Considering options to roll.

RH earnings

#Earnings #ShortStrangles
Sold each side separately: $RH Sep 8th 36 puts for .50, and 64.5 calls for .60. Over last 12 earnings, the 3-day moves: Biggest UP move: 21.7%, Biggest DOWN move: -26.4%, Average move: 11.4%. My strikes are each about 28.4% OTM.

SRPT position closed

#Earnings BTC $SRPT Sep 15th 35 put for .20. Sold for 1.20 on July 27th. Overall a losing trade from the original iron condor, since I took a loss on half at expiration. The second half fared better by covering the short stock at lower prices, but not enough to make up for the first half.

PLCE stock sold

#Earnings #Assignment #LongStock
Sold to close one-fourth of my $PLCE stock position at 108.50. Assigned on Aug 11th with 108.00 cost basis. Holding the rest with #CoveredCalls already established.

Options Expiration 9/1/17

#OptionsExpiration #Earnings #Assignment

Only one this week:
Assigned stock on $BBY 57.5 puts

BBY earnings

#Earnings Sold to Open $BBY 57.5 puts for 1.06. Biggest UP move: 21.5%, Biggest DOWN move: -7.4%, Average move: 8.6%. This trade is 7.5% OTM.

Options Expiration 8/25/17

#OptionsExpiration #Earnings

— Expiring w/Max profit —
ADSK 103 puts. Sold yesterday for 1.07
AVGO 245/240 put spreads. Sold yesterday for 1.20

See y’all Monday!

ULTA earnings closed

#Earnings Closed $ULTA Aug 25th 217.5/212.5 put spreads for 4.40. Sold in the #IronCondor yesterday for 2.20. Reduced loss by .60 per lot by closing early and avoiding exercise.

ULTA

#Earnings – Sold ULTA AUG 25 2017 217.5 Call @ 2.00

Pairing this up with the 220/235/250 iron fly @ 11.90

Reducing max loss down to a buck with breakeven on the new call sale up at 231.40. Still need a rally but very little damage if she doesn’t come back…

ULTA

#Earnings – Rolling the dice on my winnings from ULTA last quarter…

Sold tomorrow’s 220/235/250 iron fly @ 11.90

ULTA earnings

#Earnings Selling a condor at its average move and close to a 1:1 risk/reward. Took awhile to get filled. Only selling a 2-lot as I like to limit my max loss to $500-600 on earnings spread trades.

Sold to open $ULTA 212.5/217.5/252.5/257.5 iron condors for 2.20. Biggest UP move: 17.9%, Biggest DOWN move: -6.1%, Average move: 6.9%. This trade is -6.7% and +8.3% OTM.

AVGO earnings

#Earnings Sold to Open $AVGO Aug 25th 245/240 put spreads for 1.20. Biggest UP move: 14.7%, Biggest DOWN move: -2.2%, Average move: 6.4%. This trade is -3.7% OTM.

I’m playing these two bullish even though NDX under pressure. Historical performances on ADSK and AVGO are very positive on earnings, and both of my trades are outside their 12-quarter/one-day negative max move.

ADSK earnings

#Earnings Sold to Open $ADSK Aug 25th 103 puts for 1.07. Biggest UP move: 14.7%, Biggest DOWN move: -6.4%, Average move: 5.0%. This trade is -7.1% OTM.

CRM closed

#Earnings Bought to close $CRM Aug 25th 90 puts for .10. Sold yesterday in the 90/85 put spread for 1.00. I will keep the longs as lottery tickets.

CRM earnings

#Earnings Sold to open $CRM Aug 25th 90/85 put spreads for 1.00. Bullish trade due to historical perfomance and current trend.
Biggest UP move: 11.7%, Biggest DOWN move: -4.5%, Average move: 5.0%. This trade is -2.4% OTM.

#earnings #shortcallspreads TSLA I had…

#earnings #shortcallspreads TSLA
I had an Aug. 18 285/290/360/365 IC for earnings which were Aug. 2, rolled the calls to Sept. 15 375/385, closed them today for a plus .48 on the calls after all was said and done.
On Aug. 3, day after earnings, sold a Sept 15 390/405 call spread for 1.69, closed today for .52.
TSLA is down 10 so far today to 336.

bailing on NVDA

#Earnings #Rolling. BTC $NVDA Sept 15th 160 put for 6.75. Sold last week for 4.00. I will look to replace this when it drops lower or when things calm down. Flat in NVDA.

Options Expiration 8/18/17

#OptionsExpiration #ContangoETFs #VXXGame #Earnings

— Expired w/Max Profit —
DRIP 35 call
UVXY 68 call

#Assignment
PLCE 110 puts, taking stock with 108.00 cost basis.

I will check in Monday from our Eclipse campsite in Dallas, Oregon!

APRN

#Earnings – Lottery ticket going away today. Taking the .25 loss and moving on. No desire to take the stock of a company that might not be around on Monday!

WMT earnings closed

#Earnings BTC $WMT Aug 18th 81.5 puts for 2.09. Sold in the #BrokenWingButterfly for 2.00 on Wednesday. Small loss; could have been a medium winner had I closed on this morning’s peak, but didn’t anticipate such a pullback.

Earnings Trade ULTA

#earnings
$ULTA STO 8/25 230/235 BUPS @ 1.55 Waiting on BUCS fill as well Earnings 8/24 After Close

Earnings Update

#Earnings #LongStock Sold to close some of my $HCA stock for 78.50 and 78.26. I had these on Trail stop orders… I was assigned with cost basis of 82.30. I will ride on with the balance of shares… prefer this smaller position if I have to hold through a correction.

Bought to close $WMT 81.5 calls for .05. Sold the 78.5/81.5/84 #BrokenWingButterfly for 2.00 yesterday. Despite plunging market, WMT has been climbing today. Recovery any higher will turn me a profit.

$PLCE — will be assigned stock via 110 puts expiring tomorrow. I’m okay with that, as I feel it will recover. Stock held steady today, indicating 100 may be a support level.

WMT earnings

#Earnings #BrokenWingButterfly
Slightly different… Sold $WMT Aug 18th 78.5/81.5/84 broken-wing butterfly for 2.00. Max loss downside is 1.00, max loss upside is .50. With stock at 81.00, can sustain a -1.9% move down and a +3.5% move up and remain profitable. Leans bullish with decent retail reports today from TGT and URBN.
Biggest UP move: 9.6%, Biggest DOWN move: -4.4%, Average move: 3.6%.

NVDA put sold

#Earnings Sold to Open $NVDA Sept 15th 160 put for 4.00. This will put me back into profit after trading this one since busted earnings in April.