$SNI #ShortPuts #FallingKnife – Bought…

$SNI #ShortPuts #FallingKnife – Bought to Close 1 SNI DEC 15 2017 55.0 Put @ 0.05.
It won’t trade any lower and there are still 137 days until expiration.
Originally sold on 06/05/2017  at 1.40.
I’m pretty sure I got this idea from @Ramie

$HP #ShortPuts #FallingKnife – Sold…

$HP #ShortPuts #FallingKnife – Sold HP Dec 15 2017 42.5 Puts @ 1.65.

$HP #ShortPuts #FallingKnife – Sold…

$HP #ShortPuts #FallingKnife – Sold 1 HP Jan 19 2018 40.0 Put @ 1.35. The 3 year low on the stock is 40.02 from early January 2016

$SBUX #ShortPuts #FallingKnife – Sold…

$SBUX #ShortPuts #FallingKnife – Sold 1 SBUX Jan 19 2018 50.0 Put @ 1.36 with the stock at 54.74

WDC

#FallingKnife? – Been looking to get in this one at some point.

$ULTA #ShortPuts #FallingKnife – Sold…

$ULTA #ShortPuts #FallingKnife – Sold ULTA Jan 19 2018 150.0 Puts @ 1.65 with the stock at 246.94

FFIV BMY

#FallingKnife ?

$UHS #ShortPuts #FallingKnife – Sold…

$UHS #ShortPuts #FallingKnife – Sold UHS Jan 19 2018 90.0 Puts @ 1.50 with the stock at 111.01

$BBBY #ShortPuts #FallingKnife – Sold…

$BBBY #ShortPuts #FallingKnife – Sold BBBY NOV 17 2017 27.5 Puts @ 1.73

$ALXN #ShortPuts – Bought to…

$ALXN #ShortPuts – Bought to close ALXN Aug 18 2017 90.0 Puts @ 0.05.
Covered some former #FallingKnife trades almost a month early at minimum value.
Sold on 03/14/2017  at 2.05
Sold on 04/07/17 at 2.45
Also on 05/26/2017  I sold 1 ALXN Aug 18 2017 90.0 Put @ 4.80. I’m letting that one run to expiration.

$GWW #SHortPuts – Bought to…

$GWW #ShortPuts #FallingKnife – Bought to close 1 GWW Jul 21 2017 165.0 Put @ 0.35 to avoid assignment tonight.
Originally sold on 04/19/2017 at 1.40 so I still cleared a point profit.

$TRIP #ShortPuts #FallingKnife – Bought…

$TRIP #ShortPuts #FallingKnife – Bought to close 1 TRIP Jul 21 2017 38.0 Put @ 0.05 to avoid possible assignment tomorrow. The stock is falling hard today.
Originally sold on 05/26/2017  at 1.35.

$CMG #FallingKnife Sold $CMG Jan…

$CMG #FallingKnife
Sold $CMG Jan 19 2018 275 put @ 5.70.
Adding to a put ladder which is now Aug 355, Dec 350, Jan 275

$DVN #ShortPuts #FallingKnife – Sold…

$DVN #ShortPuts #FallingKnife – Sold DVN Jan 19 2018 27.5 Put @ 1.33 with the stock at 32.62

$CHRW #ShortPuts #FallingKnife – Sold…

$CHRW #ShortPuts #FallingKnife – Sold CHRW Jan 19 2018 55.0 Put @ 1.55 with the stock at 64.76

$CMG #ShortPuts #FallingKnife – Bought…

$CMG #ShortPuts #FallingKnife – Bought to close CMG Jul 21 2017 337.5 Puts @ 0.05.
Sold these yesterday at @ 0.55 and @ 1.10

$GWW #FallingKnife Adding to December…

$GWW #FallingKnife
Adding to December at a lower strike.
Sold $GWW Dec 15 130 put @ 2.10.

$ALXN #ShortPuts #FallingKnife – Bought…

$ALXN #ShortPuts #FallingKnife – Bought to close ALXN AUG 18 2017 85.0 Puts @ 0.05. Nothing more to make here. They won’t trade any lower.
Originally sold on 04/07/2017  at 1.65.

$HOG ShortPuts #FallingKnife – Sold…

$HOG ShortPuts #FallingKnife – Sold 1 HOG Jan 19 2018 40 Put @ 1.26

$CMG ShortPuts – Sold 1…

$CMG #ShortPuts #FallingKnife – Sold 1 CMG Jul 21 17 337.5 Put @ 1.10 with the stock at 364.75. This expires Friday.
Lowest available strike

$UAA #ShortPuts #FallingKnife – Sold…

$UAA #ShortPuts #FallingKnife – Sold 1 UAA Jan 19 2018 17.5 Put @ 1.33

#fallingknife X bought Oct 18…

#fallingknife X bought Oct 18 put for .54, sold for 1.09 on April 27.

$FOSL #ShortPuts #FallingKnife – Sold…

$FOSL #ShortPuts #FallingKnife – Sold 1 FOSL Nov 17 2017 9.0 Put @ 1.40 with the stock at 9.56.

$GWW #ShortPuts #FallingKnife – Sold…

$GWW #ShortPuts #FallingKnife – Sold 1 GWW Dec 15 2017 120.0 Put @ 1.15 with the stock at 170.50.
The stock is already below it’s previous 5 year low.

$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