$GE – surprisingly add this…

$GE – surprisingly add this one to the #FallingKnife list

#FallingKnife candidates today $BBBY $ESRX…

#FallingKnife candidates today
$BBBY $ESRX $FOSL $GILD $HP $JEC $M $SIG $VIAB

$M #FallingKnife Sold $M Jan…

$M #FallingKnife
Sold $M Jan 18 20 puts @ 1.22

$AKAM $SIG #ShortPuts #FallingKnife -…

$AKAM $SIG #ShortPuts #FallingKnife – sold these today, among others
Sold AKAM Nov 17 2017 40.0 Puts @ 1.22
Sold SIG Oct 20 2017 45.0 Puts @ 1.25

#SP500 #NewLows #FallingKnife – $M…

#SP500 #NewLows #FallingKnife – $M $SIG $TSCO $BBBY $AN $GWW
In general, all these are in retail/wholesale sales.
The others that have been getting hit for a long time are $MAC $SPG $KIM – all REITS.
I’m staying away

#FallingKnife candidates today $ALXN $AMGN…

#FallingKnife candidates today
$ALXN $AKAM $AMGN $BIIB $CHRW $ESRX $SIG $TSCO $UPS

$TSCO #FallingKnife Adding a ladder…

$TSCO #FallingKnife
Adding a ladder rung to my short Oct 55 puts.
Sold $TSCO Jan 19 50 puts @ 50 puts @ 1.15.

$TSN #FallingKnife Sold $TSN Jan…

$TSN #FallingKnife
Sold $TSN Jan 19 2018 47 puts @ 1.15

#FallingKnife candidates today – $AKAM…

#FallingKnife candidates today – $AKAM $VIAB $MNK $SEE $FOSL $CHRW

$MNK #FallingKnife Well, this falling…

$MNK #FallingKnife
Well, this falling knife may have found some recent support but still…
Sold $MNK Jan 19 2018 30 puts @ 1.40. It’s never traded anywhere close to this level in the 4 years since its IPO.

$SLV #ShortPuts #IRA #FallingKnife –…

$SLV #ShortPuts #IRA #FallingKnife – Sold SLV Oct 20 2017 13.5 Puts @ 0.23 with the stock at 15.25.

#FallingKnife candidates – $TSN $CHRW

#FallingKnife candidates – $TSN $CHRW

$CELG #ShortPuts #FallingKnife – Sold…

$CELG #ShortPuts #FallingKnife – Sold a some more Puts in this name
Sold 1 CELG Oct 20 2017 95.0 Put @ 1.39
Sold 1 CELG Jan 19 2018 85.0 Put @ 1.39

$SLV #ShortPuts #IRA – Sold…

$SLV #ShortPuts #IRA – Sold SLV Dec 29 2017 13.0 Puts @ 0.24 with the stock at 15.40.
$SLV just posted its longest losing streak ever. #FallingKnife
Carter Worth is looking for a bounce in this volatile commodity

#FallingKnife candidates – $BIIB

#FallingKnife candidates – $CELG $BIIB $AKAM

$TROW #ShortPuts – Bought to…

$TROW #ShortPuts – Bought to close TROW Jul 21 2017 55.0 Puts @ 0.05. They won’t trade any lower and still have 77 days left until expiration.
A former #FallingKnife Trade. Sold on 01/27/17 @ 0.80

$IBM #ShortPuts #FallingKnife – Sold…

$IBM #ShortPuts #FallingKnife – Sold 1 IBM JAN 19 2018 115.0 Put @ 1.21.
The three year low on the stock is 116.90

$AKAM #FallingKnife Sold $AKAM Jan…

$AKAM #FallingKnife
Sold $AKAM Jan 19 2018 40 puts @ 1.10 with the stock at 51.87.
Thanks to Iceman for the heads up on this ticker earlier in the week.

$MRO #ShortPuts #FallingKnife – Sold…

$MRO #ShortPuts #FallingKnife – Sold MRO Oct 20 2017 11.0 Puts @ 0.46 with the stock at 13.89

$FLR #FallingKnife Sold these on…

$FLR #FallingKnife
Sold these on the post-earnings move down:
$FLR Oct 20 42.50 puts @ 1.40
$FLR Jan 19 40.00 puts @ 1.40

$APA #ShortPuts #FallingKnife – sold…

$APA #ShortPuts #FallingKnife – sold a few of these
Sold 1 APA Jul 21 2017 45.0 Put @ 1.58
Sold 1 APA Oct 20 2017 40.0 Put @ 1.41

$PXD #ShortPuts #FallingKnife – Sold…

$PXD #ShortPuts #FallingKnife – Sold 1 PXD Dec 15 2017 105.0 Put @ 1.40 with the stock at 165.46

$OXY #ShortPuts #FallingKnife – Sold…

$OXY #ShortPuts #FallingKnife – Sold 1 OXY NOV 17 2017 50.0 Put @ 1.33 with the stock at 57.73

$SWN #ShortPuts #FallingKnife – Sold…

$SWN #ShortPuts #FallingKnife – Sold SWN Sep 15 2017 6.0 Puts @ 0.49 with the stock at 6.87

$SWN $RRC $EQT $DO $APA…

$SWN $RRC $EQT $DO $APA $OXY $GWW $BBBY #FallingKnife candidates today. Most are in the Oil/Energy space.

#newlows

$DO #ShortPuts #FallingKnife – Sold…

$DO #ShortPuts #FallingKnife – Sold 1 DO Sep 15 2017 12.5 Put @ 1.04

#FallingKnife – some former #FallingKnife…

#FallingKnife – some former #FallingKnife stocks with nice days today
$CVX 106.72 +1.36
$QCOM 54.49 +1.20
$FSLR 33.91 +3.59
$PANW 113.14 +3.23

$AKAM $APC $NBL #FallingKnife candidates

$AKAM $APC $DO $NBL $OXY #FallingKnife candidates

$RIG $NOV #FallingKnife candidates

$RIG $NOV $OXY #FallingKnife candidates

$CVS #ShortPuts – Bought to…

$CVS #ShortPuts – Bought to close CVS May 19 2017 70.0 Puts @ 0.01. They won’t trade any lower.
A former #FallingKnife trade. Sold in late January at an average of 1.23

$LB ShortPuts #FallingKnife – today…

$LB ShortPuts #FallingKnife – today I covered a short May 50.0 Put at a point that I originally sold for 1.20.
Despite the fact that it is out of the money 2 points with 3 weeks to go, in early April the stock collapsed to 43.04 before gaining it all back recently.
I decided I don’t need added the risk on this name because I am still short Aug 45 and 42.5 Puts and Nov 32.5 Puts that are nicely profitable.
One of my unwritten rules is if a Put that I sold for 1.20 gets up to 7 or 8 dollars and then gives 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 shows why that would have worked too.

$X #ShortPuts #FallingKnife – Sold…

$X #ShortPuts #FallingKnife – Sold 1 X OCT 20 2017 18.0 Put @ 1.26

$MCK #ShortPuts – Bought to…

$MCK #ShortPuts – Bought to close 1 MCK MAY 19 2017 110.0 Put @ 0.05. It won’t trade any lower.
Originally a #FallingKnife trade that was sold at 1.55 on 1/27. Out of the trade almost month early.

$TRIP #ShortCalls – Sold TRIP…

$TRIP #ShortCalls – Sold TRIP May 19 2017 52.5 Calls @ 0.35 with the stock at 45.15.
These are paired off against old #FallingKnife Puts from 40 down to 35

$TDG #ShortPuts #FallingKnife – Bought…

$TDG #ShortPuts #FallingKnife – Bought to close 1 TDG May 19 2017 125.0 Put @ 0.05.
It won’t trade any lower and still has a month to run before expiration.
Originally sold only 1 month ago at 1.55.

#FallingKnife stocks today – $COP

#FallingKnife stocks today – $COP $MUR

#52weeklows

NIB

#FallingKnife – 10 year low…anyone like hot chocolate?

$TSO #ShortPuts #FallingKnife – Thanks…

$TSO #ShortPuts #FallingKnife – Thanks @hcgdavis for pointing this one out
Sold 1 TSO Jun 2 2017 68.5 Put @ 1.09
Sold 1 TSO Aug 18 2017 65.0 Put @ 65.0 Put @ 1.72

# falling knife. I was…

  1. falling knife. I was hoping TSO would rebound off the 77-78 level. However it is starting to look like a falling knife trade. I have my cost basis down below 82 and have sold and 83 call. If it rebounds I will have a good profit. If it continues to drop I will collar it by adding some long-term puts. If anybody else is following this trade, it tends to rebound hard when it finds a bottom. I have seen it run 77-90 in the course of a week. If I were taking this trade now, I would probably buy stock and then sell a call credit spread at the money so you could have some unlimited upside.

#fallingknife

$GWW $APA $IBM – #FallingKnife…

$GWW $APA $IBM $CVX – #FallingKnife candidates today

$VFC #ShortPuts – Bought to…

$VFC #ShortPuts – Bought to close 1 VFC May 19 2017 45.0 Put @ 0.05.
It won’t trade any lower and I’m out a month early.
A former #FallingKnife trade. Originally Sold @ 1.55 on 2/7/17
This is how these trades are supposed to work 🙂

$QCOM $APA – #FallingKnife candidates…

$QCOM $APA $GWW – #FallingKnife candidates today

$UAA #ShortPuts #IRA – Bought…

$UAA #ShortPuts #IRA – Bought to close UAA Apr 21 2017 17.5 Puts @ 0.01. They won’t trade any lower and it frees up cash for other trades that might expire this week.
A former #FallingKnife trade.

$CVX $TRIP #FallingKnife trades today

$CVX $TRIP $TSCO #FallingKnife trades today

$TSCO #ShortPuts #FallingKnife – Sold…

$TSCO #ShortPuts #FallingKnife – Sold TSCO OCT 20 2017 55.0 Puts @ 1.25

TSCO #FallingKnife Sold $TSCO Oct…

TSCO #FallingKnife
Sold $TSCO Oct 20 55 puts @ 1.00 with the stock at 66.22, down 6% this morning on a warning of a Q1 revenue and earnings miss.

$ALXN #ShortPuts #FallingKnife – Sold…

$ALXN #ShortPuts #FallingKnife – Sold 1 ALXN Aug 18 2017 90.0 Put @ 2.45

$ALXN #ShortPuts #FallingKnife – Sold…

$ALXN #ShortPuts #FallingKnife – Sold ALXN Aug 18 2017 85.0 Puts @ 1.65 with the stock at 114

$THO

#FallingKnife It has now filled the gap from November earnings. Maybe it will find some support.

#earnings BBBY-anybody considering a trade?…

#earnings BBBY-anybody considering a trade? Over at TT there are a couple bearish trades, but they don’t have any special insight.

#fallingknife, #shortputs

#FallingKnife $SDRL, looks like it…

#FallingKnife

$SDRL, looks like it is only $0.70 from ultimate support

$TDG #ShortPuts #FallingKnife – Bought…

$TDG #ShortPuts #FallingKnife – Bought to close TDG APR 21 2017 145.0 Put @ 0.05. It won’t trade any lower.
TransDigm Group dropped from 277 to 200 in the 1st qtr before bouncing.
Sold 1 TDG Apr 21 2017 145.0 Put @ 1.05 on 3/22 and
Sold 1 TDG May 19 2017 125.0 Put @ 1.55 on 3/24 that I will eventually cover at a nickel as well..

$MYL #FallingKnife Sold $MYL Oct…

$MYL #FallingKnife
Sold $MYL Oct 20 32.50 puts @ 1.10

$PRGO #FallingKnife candidate

$TGT $PRGO #FallingKnife candidates

$HES #ShortPuts #FallingKnife – Sold…

$HES #ShortPuts #FallingKnife – Sold 1 HES AUG 18 2017 37.5 Put @ 1.15

#FallingKnife trade on TGT Sold…

#FallingKnife trade on TGT
Sold $TGT Oct 45 puts @ 1.11 with the stock at 54.71.
Strike price at a level last seen by the stock in late 2009.

$OXY $MRO $ALXN – #FallingKnife…

$OXY $MRO $ALXN – #FallingKnife candidates

$GILD #ShortPuts #FallingKnife- Sold GILD…

$GILD #ShortPuts #FallingKnife- Sold GILD Aug 18 2017 57.5 Puts @ 1.24.

#FallingKnife Candidate $THO

#FallingKnife Candidate

$THO

GILD #FallingKnife Sold $GILD Jan…

GILD #FallingKnife
Sold $GILD Jan 19 2018 47.50 puts @ 1.14
Creates a put ladder with Oct 55 puts

$UAA #ShortPuts #FallingKnife – Sold…

$UAA #ShortPuts #FallingKnife – Sold UAA OCT 20 2017 17.5 Puts @ 1.51

$ALXN #ShortPuts #FallingKnife – Sold…

$ALXN #ShortPuts #FallingKnife – Sold 1 ALXN Aug 18 2017 95.0 Put @ 2.60 with the stock at 124.80

#FallingKnife candidates today – $URBN…

#FallingKnife candidates today –
$URBN Urban Outfitters
$OXY Occidental Petroleum
$UAA Under Armour
$AZO AutoZone
$HES Hess Oil

#fallingknife DKS, Dick’s Sporting Goods-maybe…

#fallingknife
DKS, Dick’s Sporting Goods-maybe a candidate-negative earnings report, down 9% so far, $44 stock

$KR #FallingKnife – typically this…

$KR #FallingKnife – typically this is a low volatility stock

CAT

Possible #FallingKnife – IRS investigation?

THC

#FallingKnife – Possibly….

KMX puts

Not a #FallingKnife trade but it has that feeling.
Sold $KMX Jul 21 52.50 puts @ 1.26 with the stock at 64.39.
I like this stock long term so I would likely take assignment in July in the event it drops another 20% by then.

$RRC #Fallingknife – looking at…

$RRC #Fallingknife – looking at this one today

$TRIP #ShortPuts #FallingKnife #OptionLadder –…

$TRIP #ShortPuts #FallingKnife #OptionLadder – added this one
Sold 1 TRIP JUN 16 2017 38.0 Put @ 1.15

$TRIP #ShortPuts #FallingKnife #OptionLadder -…

$TRIP #ShortPuts #FallingKnife #OptionLadder – sold these this morning
Sold 1 TRIP SEP 15 2017 35.0 Put @ 1.30
Sold 1 TRIP JUN 16 2017 40.0 Put @ 1.60

TRIP #FallingKnife Sold $TRIP Jun…

TRIP #FallingKnife
Sold $TRIP Jun 16 40 puts @ 1.35

$TRIP $ MDLZ – a…

$TRIP $MDLZ – a couple of #FallingKnife candidates to look at

$GILD #ShortPuts #FallingKnife – Sold…

$GILD #ShortPuts #FallingKnife – Sold 1 GILD AUG 18 2017 55.0 Put @ 1.40.
Staying small and watching this one cautiously to see what the premium does if we get another leg down.

GILD #FallingKnife Sold $GILD Aug…

GILD #FallingKnife
Sold $GILD Aug 18 55 puts @ 1.32