#Earnings #ShortPuts #Rolling
BTC $PANW March 3rd for 19.70
STO $PANW April 21st 135 put for 20.00
A non-dynamic roll. Will sell some calls against this when it rallies.
Tag Archives: Earnings
BBY trade closed
#Earnings BTC $BBY March 3rd 42 puts for .05. Sold Tuesday for .97 and 1.00.
#earnings PANW Have an IC,…
#earnings
PANW Have an IC, puts are 129/135, expires tomorrow, trying to decide to take the $600 loss or the stock with a cost basis of 123(right now anyway), currently at 117, up almost 2 from yesterday’s close
CBI earnings trade closed
#Earnings Bought to close $CBI March 3rd 32 puts for .05. Sold yesterday for .40 and .45.
DLTR trade closed
#Earnings Closed both legs of the strangle for .05 each. $DLTR March 3rd 69.5/87 sold yesterday for .95
BBY bobbing around my 42 puts
CBI holding above my 32 puts
PANW – ugh – first big earnings-trade miss of the quarter.
DLTR earnings
#Earnings Sold to Open $DLTR March 3rd 69.5/87 strangles for .95.
THREE-DAY moves: Biggest UP move: 13.5%, Biggest DOWN move: -12.1%, Average move: 6.3%. Bias: +1.8%. These strikes are -9.6% and +13.1%. Slightly bullish.
BBY earnings
#Earnings Sold to Open $BBY March 3rd 42 puts for .97. THREE-DAY moves: Biggest UP move: 22.3%, Biggest DOWN move: -3.2%, Average move: 7.0%. This strike is -5.7%. Bullish position. BBY has solidly positive bias on earnings reports.
PANW earnings
#Earnings Sold to Open $PANW March 3rd 135/170 strangles for 1.35. Biggest UP move: 10.6%, Biggest DOWN move: -13.2%, Average move: 7.0%. These strikes are +11.2% and -11.7% OTM.
CBI earnings
#Earnings Sold $CBI March 3rd 32 puts for .40. Biggest UP move: 15.6%, Biggest DOWN move: -9.2%, Average move: 6.3%. This trade is -5.5% OTM. Not a big mover, and with an upside bias at earnings.
#earnings AZO followed Jeff with…
#earnings
AZO followed Jeff with an IC March 17 670/680/780/790 for 1.35
#earnings LNG LNG barely moves,…
#earnings
LNG LNG barely moves, a couple 3% moves, everything else is minimal
Sold March 3 iron fly 47/49/49/50.5 for 1.24, risking 176. Profitable between 47.75 and 50.24.
Earnings AZO & PCLN
#Earnings The two high fliers on the same day… going for AZO March 17th 680/780 strangle, for around 4.00 (no fill yet).
PCLN not as sure… heavy margin required and this one can move a lot more than AZO. Ideas, anyone?
#earnings WDAY-pretty good premium, pretty…
#earnings
WDAY-pretty good premium, pretty volatile after earnings, down 12% last December, up 18% a year ago, a minus 11, plus 7, all in the last 7 reports. No position-yet
Options Expiration 2/24/17
#OptionsExpiration #Earnings #ShortStrangles
All I got this week is one. Good couple of weeks for earnings trades!
–Expiring–
DISH Feb 24th 60/67 strangles, sold for .90 on Tuesday.
MELI trade closed, FB stock sold
#Earnings Bought to close $MELI March 17th 180 puts for .50. Sold for 2.00 yesterday.
Also,
Sold to close $FB stock for 135.21. This is one-fourth of my position of my 13-month earnings trade. Cost basis 132.88 on this lot.
NTAP earnings
#Earnings – Took stock after earnings and wrote covered calls. I can let the stock get called away today @ 40.50 and take a 23 cent loss or roll a week and hope to get out at even….hmm
Only a 4 contract position so about 100 bucks after fees….might just ship it on down the road.
Sell your remnants to the low bidders
#Earnings #IronButterfly #Leftovers
Yesterday I closed my $W iron butterfly with a nice profit. I only closed the short 40 calls and puts, as the long 35 puts and long 45 calls had no activity.
BUT, I did put in GTC orders to sell the longs at .05. This morning, with the stock hitting a low of 37.45, the put side filled. So I got an extra $15.00 on the trade… this one happened to execute with only 4 cents of commission, but many brokers charge no commission for 5-cent closings, and even if I was charged $4 (which would be my broker’s max commission on a 3-lot) it is still worth extra the $11 in profit.
RH closing
#Earnings
BTC RH Mar 24 24 put @ .30, sold on Feb 9 @ 1.55…taking 80% profit with this 24% earnings gap up.
BIDU earnings
#Earnings – Trading well outside the fly so:
Bought to Close BIDU 180/185/190 iron fly 4.35 (sold for 4.15)
SBUX trade closed
#Earnings On Jan 26th, sold SBUX Jan 27th 58/60/62 #IronButterfly for 1.49, 6-lot. Next day, stock gapped down outside my profit zone, so I sold the long 58 puts for 1.83 and took assignment of the stock from the 60 puts. Waited out the stock’s dip down to 53.81, then sold stock on the rise up. Max profit possible was $866 (if it had pinned at 60 on 1/27); Final profit: $240.
Exiting $W earnings trade
#Earnings Yesterday, sold $W Feb 24th 35/40/45 #IronButterfly for 3.50
Today, bought to close 40 short calls for .35
bought one short put for 1.25,
bought the second short put at 1.00
bought the last one for .50.
Three-lot trade, total profit $670.00
Jeff – what do you…
Jeff – what do you think of this earnings play INTU Mar 17 110/130 for .60 cr?
FSLR earnings
#Earnings – Using this bounce today to get out at even. Trade may still work but happy to move on…see ya in 3 months FSLR!
Bought to Close FSLR FEB 24 2017 37.5/34.5 Bull Put Spreads @ 1.50 (sold for 1.50)
TSLA earnings (and new position)
#Earnings #ShortStrangles – Everything looked great until 5 minutes before the open..LOL No interest in owning it at 260 so bailed with a small profit.
Bought to Close TSLA FEB 24 2017 260.0/300.0 Strangles @ 3.93 (sold for 4.65)
Then:
Sold TSLA MAR 17 2017 240.0/280.0 Strangle @ 5.51
TSLA strangles closed
#Earnings #ShortStrangles BTC TSLA Feb 24th 250/310 strangles for .64. Sold yesterday for 1.94.
MELI earnings
#Earnings #ShortPuts Sold to Open $MELI March 17th 180 puts for 2.00. A normally positive mover on earnings. Biggest UP move: 18.2%, Biggest DOWN move: -8.3%, Average move: 7.3%. This trade is -9.3% OTM.
#earnings FIT was unfit for…
#earnings
FIT was unfit for a long put play, bought for 38, sold for 14.
DISH earnings
#Earnings – Bought to Close DISH FEB 24 2017 60.0 Puts @ .05
Order in to close the calls also…
Thanks Jeff!!
W earnings
#Earnings Not one I have traded before but fairly fat options prices to give a 1-to-2.33 risk/reward on an #IronButterfly. It can have fairly sizable moves so probability is low while reward is high.
Sold to Open $W Feb 24th 35/40/45 iron butterfly for 3.50. Over last 12 earnings, Biggest UP move: 28.2%, Biggest DOWN move: -19.6%, Average move: 13.3%.
TSLA earnings
#Earnings #ShortStrangles Sold to Open $TSLA Feb 24th 250/310 strangles for 1.94. Slightly bullish positioning. Over last 12 earnings, Biggest UP move: 11.2%, Biggest DOWN move: -11.3%, Average move: 5.7%. These strikes are -8.8% and +13.1% OTM.
#earnings FIT I know that…
#earnings
FIT
I know that again I am going against the basic tenets here but…
FIT announces earnings after the close today. I bought a Feb. 26 6 put for .38, the stock is just under 6. FIT has done nothing but go down, and go down after earnings, except once. The smallest negative earnings move has been -8%. The average negative move is 19%. The only positive move was 8%. The wearable device field is crowded and the big boys are involved, like Apple. All of this means nothing and it could rocket higher. A directional, long, sacrilegious roll of the dice…
FB covered calls
#Earnings #StockTrades #CoveredCalls #Rolling
BTC FB Feb 24th 140 covered call for .04. Sold for 1.07 on Jan 13th.
STO FB Mar 31st 140 c0vered call for 1.40.
FB breaking out
#StockTrades #Earnings I am long stock from my year-long earnings trade.
#earnings #ironbutterfly NEM From busystock.com(free)…
#earnings #ironbutterfly
NEM From busystock.com(free) biggest ONE day moves over the last 12 reports -7.7% and +5.7, average move is 4.18%.
March 17 34/37/37/40 for 2.00, risk 1.00.
DISH earnings
#Earnings #ShortStrangles With a slightly bullish positioning, since stock is in uptrend and bullish trades working well in this market.
Sold to Open $DISH Feb 24th 60/67 strangles for .90. FIVE-DAY moves over last 12 earnings reports: Biggest UP move: 5.2%, Biggest DOWN move: -2.7%, Average move: 1.6%. These strikes are -4.9% and +6.2% OTM.
FSLR earnings
#Earnings – Trying something for fun…even if it implodes I’ll get the stock at a decent basis to sell covered calls. If it works, it’s a big juicy winner. Playing it directionally to the upside needing half the expected move.
Sold FSLR FEB 24 2017 37.5/34.5 Bull put spreads @ 1.50
#earnings HD had a pretty…
#earnings
HD had a pretty good earnings report, announced a share buy-back, only up 1% at this time.
Options Expiration 2/17/17
#OptionsExpiration #Earnings #CoveredCalls #ShortStrangles #BullPutSpreads
— Expiring w/Max Profit —
ALK 95/90 put spreads
RGLD 75 & 80 covered calls
VECO 24/29 strangles
That’s it… have a good weekend all!
Stock sold
#Earnings #StockTrades Sold more of my $SBUX stock, cost basis 56.75. Sold this morning at 57.05 and 57.36. Still have more on trailing stop.
Last minute Earnings fill
#Earnings Sold $VECO Feb 17th 24/29 strangles for .50. Biggest UP move: 13.5%, Biggest DOWN move: -12.3%, Average move: 6.6%. Strikes are 10.9% and 7.6% OTM respectively.
Order in since this morning, forgot about it as I didn’t think it would fill. Price moved up intraday so call side is a bit close, but manageable at such a low stock price. Never traded this symbol before.
PEP earnings trade closed
#Earnings Bought to close remaining $PEP Feb 17th 107 puts for .20.
History:
Sold 105/107/109 #IronButterfly on Tuesday for 1.33
closed 107 calls for .05 on Tuesday
closed half 107 puts for .66 Wednesday
closed remaining 107 puts for .20 today
Profit on trade: 0.85.
Orders in to sell long options. Sold 1 put yesterday for .08. Filled just now on 109 call for .05. Will get more fills if stock keeps moving up.
TRIP earnings
#Earnings – Sold off outside my strangle so goal was to get out at even…I’ll take it.
Bought to Close TRIP FEB 17 2017 49.0/59.0 Strangles @ 1.20 (sold for 1.20)
REGN put side roll up
#Earnings #ShortStrangles Taking a cue from @fuzzballl and rolling up the good side,
BTC REGN March 17th 330 put for 1.50. Sold in the 330/400 strangle for 6.10 last Friday.
STO REGN March 17th 350 put for 3.80, so 2.30 credit on the roll.
Looking like the 400 call may have to be rolled UP. All biotech surging.
SBUX, some stock sold
#Earnings #StockTrades Sold $SBUX stock for 56.80. This is slightly above breakeven for this lot. Putting various limits, trail stops, etc, on the rest. No too interested in holding long term, and covered call premium is too weak.
Was assigned the stock via earnings #IronButterfly… sold the long puts to reduce cost basis to 56.76.
PEP partial closure
#Earnings Put a trail-stop on half my PEP Feb 17th puts… just filled for .66. Will wait the rest out for a lower price or expiration.
Also putting orders in to sell the long options, one for .05 and one for .10. If any fill I’ll try for higher prices.
NTAP earnings
#Earnings – Sold 37/39/41 iron flies @ 1.50. Risk .50 to make 1.50 selling two wide on a 2.35 expected move.
TRIP earnings
#Earnings #ShortStrangles – Playing it slightly bullish. Selling at the expected move on the downside and above the expected move on the upside. Hasn’t traded below 45 in 4 years…
Sold TRIP FEB 17 2017 49.0/59.0 Strangles @ 1.20
FFIV earnings
#Earnings – Took a couple weeks but out at even…
Sold to close FFIV stock/covered calls @ 135.65
PEP earnings trade
#Earnings Yesterday sold the $PEP Feb 17th 105/107/109 #IronButterfly for 1.33.
Just now, closed the 107 calls for .05. Now looking for a rise back toward 107 into Friday. Currently this trade is closable for breakeven, but I’m in it to win it.
Options Expiration 2/10/17
#OptionsExpiration #SPXcampaign #Earnings #VXXGame
— Expiring w/100% of max profit —
ATVI 36 and 36.5 puts
EXPE 117 puts
NVDA 108 puts
UVXY 39 calls
SPX 2275/2250 put spreads
AMZN stock sold
#Earnings #StockTrades Sold the $AMZN 810/840/870 #IronButterfly last Thursday for 26.10. Took assignment of the shares on Friday at 840.00. Put a 1.00 trailing stop on the stock today around 11am ET; just stopped out for 826.36. Profit on trade: $1,035
Thanks, @fuzzballl for the original trade idea!
FB covered call
#Earnings #StockTrades #CoveredCalls
This is an earnings trade that started in January 2016. I was assigned short stock at that time, held that most of the year (painfully), selling puts against it, then switched it to a long stock position in October. It is finally in profit territory above 133.00. I still like the stock long so I’m going to keep it as long as it holds up.
STO FB March 10th 140 call for .80
ATVI earnings
#Earnings – Having to work on this one a little bit after the two and half times the expected move…
Originally Sold 37/39.5/39.5/42 iron flies @ 1.95
then:
Bought to Close 37/39.5/39.5/42 iron flies @ 2.40 (saved 15 cents over max loss)
also:
Sold ATVI FEB 10 2017 45.0 Puts @ .35 (sold one extra vs #of flies)
Long story short…if the 45 puts expire the entire trade will cover my gambling on the golf course this weekend. 🙂
RGLD covered call
#Earnings #StockTrades #CoveredCalls
STO RGLD April 77.5 covered call for 1.85. Replacing calls that will expire next week.
EXPE earnings
#Earnings – Small winner…could’ve been a big winner now. 😦
Bought to Close EXPE 118/123/123/128 iron fly @ 2.63 (sold for 4.00)
YELP trade closed
#Earnings #LongStraddle Sold to close $YELP Feb 10th 41.5 put for 4.75. Bought yesterday as part of the 41.5 straddle for 4.45. Order filled on the low tick 6 minutes after open. Small profit is good enough for me.
Earnings
#Earnings Looks like I picked the correct week to drop the Iron Butterflys. 5 for 5 on earnings trades this week, winners for ALK, EXPE, NVDA, and ATVI. All bullish trades. Guess it’s easy when the market keeps going up. YELP will be a small win or break-even, my first ATM long straddle in a couple years.
YELP and EXPE
#Earnings Had to pay up for YELP by waiting until now… was 4.00 early, but I was filled for 4.45
Bought to open $YELP 41.5 straddle for 4.45.
EXPE, premium dropped to much on the 123/120, so I went naked:
Sold to Open $EXPE Feb 10th 117 puts for 1.25. 4.9% OTM.
EXPE earnings
#Earnings Been waiting for a fill on the $EXPE Feb 10th 123/120 put spread for 1.40. Hasn’t happened yet, but that and YELP long straddle are the two I’m looking to fill by day’s end.
EXPE is a bullish ATM trade. Chart is bullish and they usually react positively:
Oct. 27, 2016 AC 4.12%
July 28, 2016 AC -2.19%
April 28, 2016 AC 8.20%
Feb. 10, 2016 AC 9.56%
Oct. 29, 2015 AC 7.27%
July 30, 2015 AC 12.85%
April 30, 2015 AC 7.91%
Feb. 5, 2015 AC -11.51%
Oct. 30, 2014 AC 5.25%
July 31, 2014 AC 6.34%
May 1, 2014 AC -3.68%
Feb. 6, 2014 AC 14.29%
$NVDA Earnings
REGN earnings
#Earnings – After a wild news/earnings driven roller coaster ride I’ll gladly book this one…
Bought to Close REGN FEB 10 2017 335.0/370.0 Strangle @ .80 (sold for 4.70)
ATVI earnings
#Earnings Sold to Open $ATVI Feb 10th 36 puts for .36. Will add more or perhaps some 36.5 puts if premium rises. Biggest UP move: 14.4%, Biggest DOWN move: -7.9%, Average move: 6.1%. This trade is 8.7% OTM.
YELP earnings
#Earnings I am considering BUYING a YELP straddle at the end of the day. Right now, it would cost me 4.00, which would require a 9.1% to breakeven. Over last 12 earnings, Yelp’s Biggest UP move: 23.7%, Biggest DOWN move: -25.2%, Average move: 15.1%.
With such a high average move, it is worth a shot. I will see which strike it ends the day at and what the premium is.
NVDA earnings
#Earnings #ShortPuts Sold to Open $NVDA Feb 10th 108 puts for 1.20. Over last 12 earnings, Biggest UP move: 29.8%, Biggest DOWN move: -7.4%, Average move: 9.7%. This trade is 8.1% OTM.
#Earnings AKAM
#Earnings
$AKAM STO 2/10 65 put @.75
Company has beaten estimates 8 of 11 past quarters. I hope it didn’t hurt too much.
ALK earnings
#Earnings Taking a bullish position as airlines have been performing well and chart is bullish.
STO $ALK Feb 17th 95/90 put spreads for 1.80. Max risk 3.20.
#Expiration #Earnings #Assignment and Some Trades
#earnings
$FB 2/3 132 Straddle Total Loss (Mishandled by me)
$AAPL 2/3 118/121/124/121 Iron Butterfly Small Loss
$AMZN 775/790 BUPS Closed early (was 2/17 expire) @93% profit
$FB 123 put Full profit
$FB 125 put Full profit
#optionsexpiration
$SPX 2135/2160 BUPS
$REGN 380 call (covered)
$NVDA 90 put
$BMY 48 put
$UVXY 40.50 call
$VRX 14.50 call (covered)
$CLF 9 call (covered)
#assignment
$APC called away @ 70 (Basis 68.38)
$NUGT called away @ 11 (Basis 9.95)
Trades
Closed Early
$NFLX STC 2/17 115 call @ 24.26 (BTO 11/10 @ 13.75)
$SVXY STO 2/24 95 put @ 1.30
$CSCO BTO 3/17 31 call @ .98 (OMM)
$MS STO 2/17 45 calls @ .63
$AMZN STO 3/17 750 put @ 4.60
Thanks to everyone who trades responsibly at Jeff’s Bistro.
Have a great weekend and a profitable next week.
Options Expiration 2/3/17
#OptionsExpiration #Earnings #SPXcampaign #IronButterfly #CoveredCalls #Assignment #ShortPuts #ShortCalls #VXXGame #StockTrades #ShortStrangles
–Expiring w/max profit–
FB 123, 126, 129 puts
FB 138 covered calls
REGN 340/400 strangle
UVXY 32 and 40 calls
SPX 2260/2235 put spreads. Sold for 3.35 on Jan 24th
SPX 2245/2220 put spreads. Sold for 1.35 on Monday
— Assignment ?? —
AMZN 840 put… was going to let the 810 long put cancel it out, but looks like I may get stock instead
— Expired w/Max loss —
AAPL 118/121/124 iron butterfly
Busted earnings trades
#Earnings Well, this quarter has been quite dismal for #IronButterflies and #IronCondors. I’m taking losses on FOUR this week. Naked options or one-sided credit spreads, meanwhile, have all been winners. Even though these losses are small (by design), I’ll have to rethink this strategy; although one win can make up for several losses, it doesn’t matter much if no wins are to be had!
BTC ANTM Feb 3rd 155 calls for 4.20. Sold as part of IB for 3.75
BTC MRK Feb 3rd 62 calls for 1.97. Sold as part of IB for 1.19.
Also looking at max losses on AAPL (.66) and AMZN (3.90).
AMZN Doings
#earnings
Closed Early (No piggy here. )
$AMZN BTC 2/3 775/790 BUPS @ .20 Sold 1/31 @ 2.70 93% profit
#shortputs
$AMZN STO 3/17 750 puts @ 4.60 Thanks @ramie77
CMG earnings
#Earnings – Bought to Close CMG FEB 3 2017 400.0/450.0 Strangle @ .50 (sold for 4.40)
AMZN earnings
#Earnings – Bought to Close 810/840/840/870 iron fly @ 26.22 (sold @ 26.25)
Happy to be out even…
AMZN earnings
#Earnings – Sold 810/840/840/870 iron fly @ 26.25
Risk 3.75 to make 26.25. Sold 30 wide on a 35.75 expected move.
Took off FB earnings trade
Bought to close $FB Feb 17 125/140 strangles for .65. Sold yesterday for 2.50.
#Earnings
#Earnings #SPXCampaign
#earnings
$AMZN STO 2/17 910/900 BECS @ 1.18
$AMZN STO 2/17 790/800 BUPS @ 2.96
$BMY STO 2/3 48 put @ .45
$FB STO 2/3 123 put @ .70
$FB STO 2/3 125 put @ 1.00
#spxcampaign
$SPX STO 2/6 2325/2300 BECS @ 1.20
$SPX BTO 2/13 2330 2355 BUCS @ .40 (Lottery ticket – but a good idea – thanks @jeffcp66)
#longcalls #earnings
$ULTA BTO 3/17 260 call @18 Earnings March 9th
Options Bistro 