$TSCO #ShortPuts #FallingKnife – Sold…

$TSCO #ShortPuts #FallingKnife – Sold TSCO Jan 19 2018 45.0 Puts @ 2.25 with the stock at 50.18.
The stock is already below it’s previous 3 year low

$VZ #ShortPuts #FallingKnife – Sold…

$VZ #ShortPuts #FallingKnife – Sold 1 VZ Dec 15 2017 41.0 Put @ 1.16

$GPC #ShortPuts #FallingKnife #OptionLadder -…

$GPC #ShortPuts #FallingKnife #OptionLadder – a new one today with the stock at 83.21.
Sold 1 GPC NOV 17 2017 75.0 Put @ 1.50
Sold 1 GPC FEB 16 2018 70.0 Put @ 1.45
The 3 year low on the stock is 76.50.

$ALXN #ShortPuts #FallingKnife – Bought…

$ALXN #ShortPuts #FallingKnife – Bought to close 1 ALXN AUG 18 2017 80.0 Put @ 0.05. It won’t trade any lower and I’m out 5 weeks early.
Originally sold on 05/25/2017 at 1.75.

$MNK #ShortPuts #FallingKnife – Bought…

$MNK #ShortPuts #FallingKnife – Bought to close 1 MNK JUL 21 2017 35.0 Put @ 0.05.
Originally sold on 11/30/2016 at 2.30

ULTA

#Fallingknife candidate

$SJM #ShortPuts #FallingKnife – Sold…

$SJM #ShortPuts #FallingKnife – Sold 1 SJM Jan 19 2018 100.0 Put @ 1.60.
This is not normally a very volatile stock.

SJM adding

I took the original Iceman #FallingKnife trade (Jan 105 puts) last week. With the continued move down, I sold a lower strike in January.
Sold $SJM Jan 19 2018 100 put @ 1.50

ILMN puts

Not much of a #FallingKnife, more like a stumbling knife, but I like to have short premium in this stock whenever the opportunities arise. So…

Sold $ILMN Jan 19 115 puts @ 2.00 with the stock at 173.89

Strike price is below the 3 1/2 year low in the stock (119.37 in December ’16)

$UPS #ShortPuts #FallingKnife – Bought…

$UPS #ShortPuts #FallingKnife – Bought to close UPS Jul 21 2017 85.0 Puts @ 0.01. They won’t trade any lower and the options don’t expire for 3 weeks.
Sold the first batch at 0.66 on 2/1/17 and sold the 2nd batch at 0.82 the same day.
The stock must have been collapsing that day but the 52 week low was 102.12 in mid-May so these were never threatened.

$XOM #ShortPuts #FallingKnife – Bought…

$XOM #ShortPuts #FallingKnife – Bought to close XOM JUL 21 2017 70.0 Puts @ 0.01.
They won’t trade any lower and don’t expire for 3 more weeks.
Originally sold on 01/31/2017 at 0.80.

$SJM #ShortPuts #FallingKnife – Sold…

$SJM #ShortPuts #FallingKnife – Sold 1 SJM JAN 19 2018 105.0 Put @ 1.80 with the stock at 119.30

$UAA #ShortPuts #FallingKnife – Bought…

$UAA #ShortPuts #FallingKnife – Bought to close UAA Jul 21 2017 17.5 Puts @ 0.01. They won’t trade any lower and I’m out over 3 weeks early.
Originally sold in early February at 0.90. The stock never reached the strike price.

$MRO #ShortPuts #FallingKnife – Sold…

$MRO #ShortPuts #FallingKnife – Sold MRO JAN 19 2018 10.0 Puts @ 0.82. Adding to and averaging up my position.

$APC #ShortPuts #FallingKnife – Sold…

$APC #ShortPuts #FallingKnife – Sold 1 APC NOV 17 2017 37.5 Put @ 1.25

$TRIP – nice little recovery…

$TRIP – nice little recovery in this #FallingKnife today

$MRO #ShortPuts #FallingKnife – Sold…

$MRO #ShortPuts #FallingKnife – Sold MRO Oct 20 2017 11.0 Puts @ 0.87. Adding to and averaging up my position.

$SIG ShortPuts #FallingKnife – today…

$SIG ShortPuts #FallingKnife – today I covered some short July 60.0 Puts at a 1.10 that I originally sold for 1.90 and 2.00 in January.

Despite the fact that it is out of the money 3 points with 4 weeks to go, in late May the stock collapsed to 46.09 before gaining most of it back recently.

I decided I don’t need the added risk in this name because I am still short July 50/55 Puts, October 45 Puts and Jan 45/40/35 Puts that are nicely profitable.

One of my unwritten rules is that if Puts that I sold for 2 bucks rises to 13 or 14 dollars and then give me a chance to get out ahead, I take it, and don’t look back.

I would have taken the stock if it had stayed down. The current move in this SP500 name shows why that would have worked too.

BTC July 14 wdc 85…

BTC July 14 wdc 85 puts at 0.55. Sold for 1.24

#fallingknife I am short SWKS puts but it has dropped 15 points in 2 weeks and appears to be a good falling knife trade now. Next support level at 96.61.

CMG

Nice #FallingKnife candidate today….I’m already in a position so not adding here.

$TRIP #ShortPuts #FallingKnife – Bought…

$TRIP #ShortPuts #FallingKnife – Bought to close 1 TRIP Jun 16 2017 39.0 Put @ 1.20 to avoid assignment tonight.
Originally sold at 1.30 so essentially coffee money

$TRIP #ShortPuts #FallingKnife – Bought…

$TRIP #ShortPuts #FallingKnife – Bought to close TRIP Jun 16 2017 38.0 Puts @ 0.45 to avoid assignment tonight.
Originally sold at 1.10 so still made over 50% of the premium

$RRC #ShortPuts #FallingKnife – Bought…

$RRC #ShortPuts #FallingKnife – Bought to close 1 RRC Jun 16 2017 24.0 Put @ 0.50 to avoid assignment tonight.
Originally sold at 1.15 on 3/9/2017.
Another case of being wrong on the stock but right on the option.

$KR #ShortPuts #FallingKnife – Sold…

$KR #ShortPuts #FallingKnife – Sold 1 KR JAN 19 2018 19.0 Put @ 1.25

$XEC #ShortPuts #FallingKnife – Sold…

$XEC #ShortPuts #FallingKnife – Sold 1 XEC DEC 15 2017 75.0 Put @ 2.10 with the stock at 95.30

$FOSL #ShortPuts #FallingKnife – Sold…

$FOSL #ShortPuts #FallingKnife – Sold 1 FOSL JAN 19 2018 9.0 Put @ 1.30

$XEC #ShortPuts #FallingKnife – Sold…

$XEC #ShortPuts #FallingKnife – Sold 1 XEC DEC 15 2017 75.0 Put @ 1.60 with the stock at 98.21

$TROW #ShortPuts – Bought to…

$TROW #ShortPuts – Bought to Close TROW JUL 21 2017 60.0 Puts @ 0.05. They won’t trade any lower and I’m out a month early.
Sold in late January/early February at 1.40/1.65/1.85 as a #FallingKnife trade.

Possible #FallingKnife trades today -…

Possible #FallingKnife trades today – $BIIB $XEC

$ALXN – no longer a…

$ALXN – no longer a #FallingKnife

$UAA #CoveredCalls – Sold UAA…

$UAA #CoveredCalls – Sold UAA Jul 21 2017 22.5 Calls @ 0.42.
It seems I was a bit early on this trade and could get more now.
This was a former #FallingKnife stock that has put in an extended base between 18.50 and 22.00 since the end of January.

TAP #FallingKnife I just noticed…

TAP #FallingKnife
I just noticed that I got a fill on this trade.
Sold $TAP Jan 19 70 puts @ 1.30.

$JWN – Nordstrom no longer…

$JWN – Nordstrom no longer a #FallingKnife after today’s news.
Already short this #OptionLadder
JWN JUL 21 2017 32.5 Puts
JWN OCT 20 2017 32.5 Puts
JWN JAN 19 2018 30.0 Puts

$XLE #ShortPuts #FallingKnife – Sold…

$XLE #ShortPuts #FallingKnife – Sold 1 XLE(Quarterly) Dec 29 2017 56.0 Put @ 1.27

XLE

#IRA #FallingKnife #ShortPuts – Starter position. Will look to add lower…

Sold XLE JAN 19 2018 60.0 Puts @ 2.22

$URI #ShortPuts #FallingKnife – Sold…

$URI #ShortPuts #FallingKnife – Sold 1 URI Oct 20 2017 75 Put @ 1.25 with the stock at 105.0

$GWW #ShortPuts #FallingKnife – Sold…

$GWW #ShortPuts #FallingKnife – Sold 1 GWW JUL 21 2017 160.0 Put @ 2.55. Adding to a 1 option position at a better premium.

$WHR #ShortPuts – Bought to…

$WHR #ShortPuts – Bought to close 1 WHR Jun 16 2017 130.0 Put @ 0.01. It won’t trade any lower and doesn’t expire for 2 more weeks. Using the margin elsewhere.
Originally sold as a #FallingKnife trade on 1/30/2017 at 1.51.

$RRC #ShortPuts #FallingKnife – Sold…

$RRC #ShortPuts #FallingKnife – Sold 1 RRC Dec 15 2017 19.0 Put @ 1.30

#FallingKnife candidates today $SNI $NFX…

#FallingKnife candidates today $SNI $NFX $XEC

$HBI #ShortPuts – Bought to…

$HBI #ShortPuts – Bought to close HBI Jul 21 2017 18.0 Puts @ 0.05. They won’t trade any lower.
Originally sold as a #FallingKnife trade on 02/03/2017 at 1.10.
Out of the trade 49 days early and looking for more candidates.

$RRC $NFX $XOM #FallingKnife candidates

$RRC $NFX $XOM #FallingKnife candidates

#ira

Selling puts on SNI

Might qualify as a #FallingKnife type trade. Getting some more exposure in the media space.
Sold $SNI Dec 15 55 puts @ 1.22-1.25

$SWN #ShortPuts #FallingKnife – Sold…

$SWN #ShortPuts #FallingKnife – Sold SWN SEP 15 2017 6.0 Puts @ 0.53 with the stock at 6.40

$ESV #ShortPuts #FallingKnife – Sold…

$ESV #ShortPuts #FallingKnife – Sold ESV Dec 15 2017 6.0 Puts @ 0.85

$MRO #ShortPuts #FallingKnife – Sold…

$MRO #ShortPuts #FallingKnife – Sold MRO OCT 20 2017 11.0 Puts @ 0.48

#FallingKnife candidates today – $HP…

#FallingKnife candidates today – $HP $ESV $PRGO $DO $ALXN

$ALXN #ShortPut #FallingKnife – Sold…

$ALXN #ShortPuts #FallingKnife – Sold 1 ALXN Nov 17 2017 75 Put @ 3.20 with the stock at 96.75

$TRIP #ShortPuts #FallingKnife – Sold…

$TRIP #ShortPuts #FallingKnife – Sold 1 TRIP Jan 16 2018 30.0 Put @ 1.25 with the stock at 39.84

$HP – New #FallingKnife candidate

$HP $DVN $DO $SWN – New #FallingKnife candidates
#OIL must be crashing the way that Oil and Gas producers and drillers are acting.

Can the SP500 still rally if the energy stocks are falling? Can AMZN FB AAPL NFLX GOOG keep it going all by themselves

$TSCO #ShortPuts #FallingKnife – Sold…

$TSCO #ShortPuts #FallingKnife – Sold 1 TSCO Jan 19 2018 45.0 Put @ 1.40 with the stock at 52.95

$RL #ShortPuts #FallingKnife – Sold…

$RL #ShortPuts #FallingKnife – Sold 1 RL Oct 20 1017 55.0 Put @ 1.20 with the stock at 66.79

$TRIP #ShortPuts #FallingKnife – Sold…

$TRIP #ShortPuts #FallingKnife – Sold 1 TRIP Dec 15 2017 32.0 Put @ 1.35 with the stock at 40.26

$TSCO #ShortPuts #FallingKnife – Sold…

$TSCO #ShortPuts #FallingKnife – Sold 1 TSCO Oct 50.0 Put @ 1.75. You could do better now.

$ALXN #ShortPuts #FallingKnife – sold…

$ALXN #ShortPuts #FallingKnife – sold these this morning with the stock at 101.0
Sold 1 ALXN Nov 17 2017 80.0 Put @ 3.40
Sold 1 ALXN Nov 17 2017 70.0 Put @ 1.60

ALXN #FallingKnife Sold $ALXN Jan…

ALXN #FallingKnife
Sold $ALXN Jan 19 60 puts @ 1.20. Lowest strike.

$TRIP #ShortPuts #FallingKnife – Sold…

$TRIP #ShortPuts #FallingKnife – Sold 1 TRIP JAN 19 2018 30.0 Put @ 1.15

$AZO #Shortputs #FallingKnife – another…

$AZO #Shortputs #FallingKnife – another leg down to 580 and these filled
Sold 1 AZO DEC 15 2017 430.0 Put @ 4.30
Sold 1 AZO SEP 15 2017 480.0 Put @ 3.50.
Both are the lowest available strike prices

$ALXN #ShortPuts #FallingKnife – Sold…

$ALXN #ShortPuts #FallingKnife – Sold 1 ALXN Nov 17 2017 75.0 Put @ 2.10 with the stock at 104.75

$AZO #ShortPuts #FallingKnife – Sold…

$AZO #ShortPuts #FallingKnife – Sold 1 AZO SEP 15 2017 480.0 Put @ 2.30. Lowest available strike price.

$RL #ShortPuts #FallingKnife – Sold…

$RL #ShortPuts #FallingKnife – Sold 1 RL JAN 19 2018 50.0 Put @ 1.25 with the stock at 67.71

TRIP #FallingKnife Sold $TRIP Jan…

TRIP #FallingKnife
Sold $TRIP Jan 18 30 puts @ 1.10 with the stock at 40.76

$ALXN #ShortPuts #FallingKnife – Sold…

$ALXN #ShortPuts #FallingKnife – Sold 1 ALXN Nov 17 2017 70.0 Put @ 1.50 with the stock at 103.26

ALXN #FallingKnife Sold $ALXN Nov…

ALXN #FallingKnife
Sold $ALXN Nov 17 70 puts @ 1.30 with the stock at 105.06

$TSO #ShortPuts – Bought to…

$TSO #ShortPuts – Bought to close 1 TSO JUN 2 2017 68.5 Put @ 0.01.
Originally sold on 04/19/2017  at 1.09 as a #FallingKnife trade.

$GILD #ShortPuts – Bought to…

$GILD #ShortPuts – To avoid assignment, bought to close GILD May 19 2017 65.0 Puts @ 0.41 that I had sold for 1.40 in Feb.
#Rolled down to next month’s GILD Jun 16 2017 62.5 Puts @ 0.67 (for a 0.26 credit on the roll).
Dropped the strike price 2.5 points and avoided assignment on this #FallingKnife trade.

$TRIP #ShortPuts – Bought to…

$TRIP #ShortPuts – Bought to close 1 TRIP Jun 16 2017 36.0 Put @ 0.05. It won’t trade any lower.
A former #FallingKnife trade sold on 02/27/17 @ 1.15. Closed out a month early.

EWZ

#FallingKnife – Taking a slight directional play but could get the stock at a decent basis no matter how far it falls…

Sold EWZ JUL 21 2017 35.0/30.0 Bull Put Spreads @ 2.35

#FallingKnife trades today – $GE…

#FallingKnife trades today – $GE $GILD $CVS $AKAM $URBN

#FallingKnife candidates $JWN $RL #NKE

#FallingKnife candidates $JWN $RL $NKE $URBN $BBBY
All retail will be thru $AMZN in the future…… right?

From ZeroHedge a month ago – Fitch’s Loans of Concern list, which is a compilation of issuers with a significant risk of default within the next 12 months. And, just to make the tracking of future defaults easier, Fitch also provided the list of eight other retailers with term loan debt totaling nearly $6 billion, which are also on its concern list, and are most likely to be in default in the not too distant future. They are as follows:
Sears Holdings Corp (roughly $2.5 billion);
99 Cents Only Stores LLC;
Charming Charlie LLC;
Gymboree Corp.;
Nine West Holdings Inc.;
NYDJ Apparel LLC;
rue21, Inc.; and
True Religion Apparel Inc.
Meanwhile, Jeff Bezos is this close to being the world’s richest man.

$FLR #ShortPuts #FallingKnife – Sold…

$FLR #ShortPuts #FallingKnife – Sold FLR Jan 19 2018 40.0 Puts @ 1.60 with the stock at 46.35

$M #ShortPuts #FallingKnife – Sold…

$M #ShortPuts #FallingKnife – Sold M Jan 19 2018 19.0 Puts @ 1.22 with the stock at 23.05

#FallingKnife trades today – $M…

#FallingKnife trades today – $GWW $M $VIAB $VZ $URBN

$TRIP #ShortPuts – Bought to…

$TRIP #ShortPuts – Bought to close 1 TRIP JUN 16 2017 38.0 Put @ 0.05. It won’t trade any lower and I’m out a month early.
Sold on 02/23/17 at 1.15 as a #FallingKnife trade.

#OIL – everything Oil related…

#OIL – everything Oil related is going to gap higher this morning. All those #Fallingknife trades from the last two weeks will be requiring less margin as the premium falls and the distance to the strike widens.