$MYL #ShortPuts #FallingKnife – Dan…

$MYL #ShortPuts #FallingKnife – Dan mentioned this morning that he thought Mylan may have bottomed. Maybe, maybe not. However, opportunities still exist to sell puts with strike prices below the YTD low of 37.59

$WYNN #FallingKnife – lots of…

$WYNN #FallingKnife – lots of good opportunities in the October short puts with plenty of room for a further decline

Well, things will get exciting…

Well, things will get exciting some day. Will you be ready?

#fallingknife

HAIN in pain

#FallingKnife trade, anyone? Or more like falling anvil?

$BMY #ShortPuts #FallingKnife – Sold…

$BMY #ShortPuts #FallingKnife – Sold BMY Dec 16 2016 55.0 Puts @ 1.84

$XOM $RIG #ShortPuts #FallingKnife -…

$XOM $RIG #ShortPuts #FallingKnife – sold these on the oil weakness
Sold XOM Aug 26 2016 80 Puts @ 0.37 – these have only a few weeks until expiration
Sold $RIG Nov 18 2016 7 Puts @ 0.29 – longer term with the strike below the YTD low

$HUM #ShortPuts #FallingKnife #ScalpTrade -…

$HUM #ShortPuts #FallingKnife #ScalpTrade – Sold HUM JUL 15 2016 140.0 Puts @ .60.
These expire Friday.
Humana was the only stock in the SP500 to hit a new low yesterday.

#Markets #FallingKnife #ShortPuts – I…

#Markets #FallingKnife #ShortPuts – I sold all the following yesterday. Only the UAL position was sold way too early.

Most of these are scheduled to expire Friday.

$AAL Jul 1 2016 25.5 Puts @ 0.44
$CF Jul 1 2016 23.5 Puts @ 0.56
$DUST Jul 1 2016 9.0 Puts @ 1.05
$FL Jul 15 2016 50.0 Puts @ 0.55
$IBB Jul 1 2016 235.0 Puts @ 1.30
$UAL Jul 1 2016 39.0 Puts @ 0.59

$VXX sold Aug 19 20…

$VXX sold Aug 19 20 call for 1.63. I’m short a 21 put that has been rolled, so I guess I have a 21/22 ratio calendar strangle California condor or something like that

#fallingknife

Falling Knife Trades

Some Iceman-style #FallingKnife trades:
Sold $WHR Dec 16 100 puts @ 1.35
Sold $UAL Dec 16 27 puts @ 1.14

T2108

Does anyone know how low this got today and where it closed?

#fallingknife

$BIIB #ShortPuts #Fallingknife – Sell…

$BIIB #ShortPuts #Fallingknife – Sell the Jan 2017 210.0 Put @ 10.50. A 5% return on cash in 7 months with a $200 breakeven

$CF #ShortPuts #FallingKnife – Sold…

$CF #ShortPuts #FallingKnife – Sold CF November 18 2016 22.5 Puts @ 1.53.

$CF #ShortPuts #FallingKnife – Sold…

$CF #ShortPuts #FallingKnife – Sold CF Nov 22.5 Puts @ 1.52. The strike is 10% below the 52 week low.

$NFLX #ShortPuts #FallingKnife – Sold…

$NFLX #ShortPuts #FallingKnife – Sold NFLX Sep 16 2016 45.0 Puts @ 1.93

$LNKD #ShortPuts #FallingKnife – Sold…

$LNKD #ShortPuts #FallingKnife – Sold 1 LNKD FEB 12 2016 100.0 Put @ 2.45

$LNKD #ShortPuts #FallingKnife – Sold…

$LNKD #ShortPuts #FallingKnife – Sold 1 LNKD MAY 20 2016 95.0 Put @ 5.00. I was a bit early. I will wait for lower strike prices to add.

$TSLA #ShortPuts #FallingKnife – Sold…

$TSLA #ShortPuts #FallingKnife – Sold 1 TSLA MAR 18 2016 115.0 Put @ 1.20

$TSLA #ShortPuts #FallingKnife – Sold…

$TSLA #ShortPuts #FallingKnife – Sold 1 TSLA JUN 17 2016 85.0 Put @ 1.20. It been a long time since I took a new position in this name.

TSLA hit a two year low today

$NFLX #ShortPuts #FallingKnife – Sold…

$NFLX #ShortPuts #FallingKnife – Sold NFLX JUN 17 2016 55.0 Puts @ 1.55

As Dan noted today $WFM…

As Dan noted today $WFM is breaking out today. I have several longer term #FallingKnife trades in this stock on the books