CVS Falling Knife

Sold $CVS Aug 16 50 puts @ 1.34 with the stock at 58.27.
Strike price is at a 6 year low.
#FallingKnife

#fallingknife Does HPQ qualifies for…

#fallingknife

Does HPQ qualifies for a #fallingknife ?
Down 18%

STMP #fallingknife STO Jan 17,…

STMP
#fallingknife

STO Jan 17, 2020 75 PUT @ 11.70

STMP

#FallingKnife

TUP getting hammered

Sold $TUP Jul 19 22.50 puts @ 1.20 with the stock at 27.87
#FallingKnife

#earnings #callbutterfly WDC Sold (technically…

#earnings #callbutterfly WDC

Sold (technically bought) a Feb. 15 39/40/40/42 call butterfly for .35. This is profitable if WDC goes down. WDC hasn’t been kind to #fallingknife traders as it was a little over 100 almost a year ago, now about 40. I have 100 assigned shares at a cost basis of 68, and have a short April 55 put that has been rolled a couple times. The call butterfly will ease the pain a little if it goes down.
Thanks for the info Jeff.

NVDA URI

#ShortPuts #IRA – Playing it safe here. Will be looking for some #Fallingknife trades if we get some earnings implosions…

Bought to Close NVDA Feb 01 2019 120 Put @ .13 (sold for 2.45)

Bought to Close URI Jan 18 2019 110 Put @ .40 (sold for 3.50)

FB Falling Knife

Hard to imagine this one would qualify but the chart is the chart.
Sold $FB Mar 15 2019 110 puts @ 1.17.
Delta is 7, and the strike is another 25% lower from here.
#FallingKnife

#shortputs #fallingknife (kind of) SQ…

#shortputs #fallingknife (kind of) SQ

I suppose most stocks have been falling knife candidates all week so I use the term loosely.
Sold Nov. 2, 60 put for .89, earnings should be Nov. 7.

MLM Jan

Sold $MLM Jan 18 2019 150 put @ 2.20
#FallingKnife

#shortputs #fallingknife AAOI Aold Nov….

#shortputs #fallingknife AAOI
Sold Nov. 16, 20 put for .73, thanks fuzzball

BA and RTN

I decided to close out the long dated calls on BA and RTN since we have had a nice run.

BA, STC 2020, 370 call and BTC 10/19, 390 calls at 51.50, cost basis 43.67

RTN, STC 195 calls and BTC 10/5, 205 calls at 24.80, cost basis 20.92

 

#fallingknife

#fallingknife SFIX SFIX is down…

#fallingknife SFIX
SFIX is down big today after earnings, this is a Motley Fool best buy, AMZN is doing something similar. I choose my own clothes, waiting to see how far this falls.

#shortputs #rolling NKTR Rolled Oct….

#shortputs #rolling NKTR
Rolled Oct. 19, 60 put to Nov. 19 for 3.88, NKTR down over 4 points today, looking like a #fallingknife candidate.

#shortputs #fallingknife TRTN Sold Jan….

#shortputs #fallingknife TRTN
Sold Jan. 19, 30 put for 1.45.

#shortputs #closing #fallingknife DOCU Sept….

#shortputs #closing #fallingknife DOCU

Sept. 21 sold Nov. 16, 47.50 put for 2.30, bought today for 1.75

#shortputs #fallingknife BBBY sold Jan.,…

#shortputs #fallingknife BBBY
sold Jan., 12.50 put for .63, BBBY down about 23% on earnings.

#shortputs #fallingknife JBL Sold Jan….

#shortputs #fallingknife JBL
Sold Jan. 18, 27 put for 1.05, big drop yesterday after earnings.

#putratiospread #fallingknife JD Tastytrade idea…

#putratiospread #fallingknife JD

Tastytrade idea sold Oct. 19 back ratio, sold 2, 24 puts, bought 1, 25 put for .40 credit.

A couple of falling knives today

$KORS-Versace deal ultimately good for the company IMO. Sold Jan 18 55 puts @ 1.10. Strike below 2018 lows in Jun and Feb. Delta 14.
$NWL-Sold Jan 18 18 puts @ .73. If the strike is reached it would be a 6 year low for the stock. I would take assignment there for what would be an almost 5% dividend yield. Delta 25.

#FallingKnife

#shortputs #closing #fallingknife INTC July…

#shortputs #closing #fallingknife INTC
July 27, sold Jan. 42 put for 1.27, bought today for .84, thanks Iceman

#shortputs #closing #fallingknife AA July…

#shortputs #closing #fallingknife AA

July 19, sold January, 35 put at 1.40, bought today for 1.05

#shortputs #closing #fallingknife HAL Sept….

#shortputs #closing #fallingknife HAL
Sept. 5, sold Jan. 35 put for 1.31, bought today for .78.

#shortputs TastyTrade Short puts are…

#shortputs TastyTrade

Short puts are sold here very often. Here is a 7 minute market measure on managing at 25%/50%/21 days and expiration with doing something at 21 days being the winner. Doesn’t help with the 4 days to expiration puts on DUST though.
https://www.tastytrade.com/tt/daily_recaps/2018-09-12/episodes/short-put-management-performance-09-12-2018

#fallingknife, #pietrades

MLM–Selling Jan puts into the bounce

Sold $MLM Jan 18 2019 165 puts @ 2.80 with the stock at 191.59. Delta 16.
#FallingKnife

TRV Jan puts

Sold $TRV Jan 18 2019 105 puts @ 1.10.
Premium is a bit better now.
#FallingKnife

#fallingknife #shortputs JD Sold Dec….

#fallingknife #shortputs JD
Sold Dec. 21, 24 put for 1.27.

#fallingknife WYNN WYNN is down…

#fallingknife WYNN

WYNN is down $10 today, nothing new on yet but the Sept. 21, 150 call (covered) is gold.

EA

#FallingKnife – One to keep an eye on…

#fallingknife FYI ANF down 18%…

#fallingknife
FYI

ANF down 18%
DLTR down 15% – DLTR Jan18’19 65 PUT 1.15

#shortputs #fallingknife #closing HBI August…

#shortputs #fallingknife #closing HBI
August 1, followed Iceman in selling a couple January, 16 puts @ .65, closed today for .35, didn’t lose my shorts on this one.

#shortputs #closing LH July 25,…

#shortputs #closing LH

July 25, sold Nov. 160 put for 2.40, was a couple days early on this former #fallingknife, bought today for 1.10.

#fallingknife MCHP is down 11%…

#fallingknife

MCHP is down 11%
Good premium in Jan

SYNA down 10%
EWZ down 4%
TXN down 4%

STMP

#FallingKnife :

https://thefly.com/landingPageNews.php?id=2774427&headline=STMP-Stampscom-discloses-risk-that-USPS-may-renegotiate-compensation-arrangements

#shortputs #closing #fallingknife VRNS July…

#shortputs #closing #fallingknife VRNS

July 31, sold Dec. 21, 50 put for 2.05, bought today for 1.00, VRNS had a big drop after earnings, working its way back.

#fallingknife Z is down 14%

#fallingknife

Z is down 14%

WTW

#FallingKnife ? – Might be starting a bounce here…

SHAK again

#ShortPuts – Not really a #FallingKnife but with their expansion plans I’d take it down around the 200ma…

Sold SHAK DEC 21 2018 50.0 Put @ 2.20
Sold SHAK DEC 21 2018 47.5 Put @ 1.63

#fallingknife EXAS is down 16%…

#fallingknife

EXAS is down 16%

Jan 37 PUT 1.95

#fallingknife TRIP is down 14%…

#fallingknife
TRIP is down 14%
Good premium in Jan for $39 and $40

X is down 10%

#fallingknife CAKE is down 13%…

#fallingknife

CAKE is down 13%
Good premium for Jan $40 puts

RACE is down 10%
BIDU is down 7%

#fallingknife #shortputspread IPGP It’s not…

#fallingknife #shortputspread IPGP
It’s not falling today but sold Sept. 21 145/155 for 1.23, currently at 174, was at 240 a couple days ago.

#fallingknife #shortputs VRNS VRNS is…

#fallingknife #shortputs VRNS

VRNS is down 16%, 12 points, to just under 60. Sold Dec. 50 put for 2.05.

#fallingknife FDP is down 14%

#fallingknife

FDP is down 14%

#fallingknife #shortputspread CMG sold September…

#fallingknife #shortputspread CMG
sold September 21, 370/380 for 1.15

#fallingknife VRNS down 23% today

#fallingknife VRNS
down 23% today

TWTR Falling Knife

I’ve never been a huge fan of this stock but now that it’s a member of the S&P 500 I’m gonna take a shot with some far out of the money puts.
Sold to open $TWTR Dec 21 22 puts @ .56-.57. Delta is 10.

#FallingKnife

#earnings #closing #shortstrangles TWTR Yesterday…

#earnings #closing #shortstrangles TWTR
Yesterday sold Aug. 17, 35/50 strangle for 1.54, bought today for 1.38, TWTR down 17% into the 35s, maybe a #fallingknife trade in the future.

#fallingknife #closing #shortputs ALK Some…

#fallingknife #closing #shortputs ALK

Some airline stocks are skying today, including Alaska air up almost 10%, Tuesday I sold a January 50 put for 1.45, bought today for .80. Thanks @Iceman

#fallingknife MHK has decent premium…

#fallingknife
MHK has decent premium in Jan 140 @ 2.40
Any takers?

FB falling knife

Bot FB Aug3 175/180 cds @ 2.40. Looking for a dead cat bounce on FB.
#fallingknife

#shortputs #closing #fallingknife HA June…

#shortputs #closing #fallingknife HA
June 12, sold October, 32 put for 1.12, bought today for .45

#shortputs #fallingknife FYI NTGR down…

#shortputs #fallingknife
FYI
NTGR down 10%
PZZA down 8%
SXT down 8%
LII down 4%

HAL post-earnings

Sold $HAL Jan 18 2019 38 puts @ 1.49
#FallingKnife

#fallingknife FYI SKX is down…

#fallingknife
FYI
SKX is down 21%

PM

#ShortPuts #IRA #FallingKnife – A great dividend down at these levels. I missed the earnings selloff first thing this morning…

Sold PM DEC 21 2018 75.0 Put @ 2.60
Sold PM JAN 18 2019 75.0 Put @ 2.87

#shortputs #fallingknife ABBV June 25,…

#shortputs #fallingknife #closing ABBV
June 25, sold Nov, 75 put for 1.40, bought today for .80

#fallingknife FYI 9% drop in…

#fallingknife

FYI
9% drop in ADS
High premium in Dec and Jan

#fallingknife ANET Arista down 5%

#fallingknife ANET

Arista down 5%

LB Falling Knife

Extending my put ladder to Nov on this #FallingKnife.
Sold $LB Nov 16 27.50 puts @ 1.10.

#fallingknife FYI AVGO is down…

#fallingknife

FYI
AVGO is down 14%
LB down 10%

#fallingknife FYI PSMT is down…

#fallingknife

FYI
PSMT is down 8%

#fallingknife maybe TSLA 40 point…

#fallingknife maybe TSLA

40 point drop in the last 2 days (making me happy-for now)

Closing Oct CLX

Taking profits on a couple of #FallingKnife trades, about 3 1/2 months early.
Bought to close:
$CLX Oct 19 105 puts @ .45. Sold for 1.50 on 3/21.
$CLX Oct 19 100 puts @ .26. Sold for 1.35 on 4/19.

#shortputs #fallingknife SKX bought July…

#shortputs #fallingknife SKX
bought July 20, 28 put for .85, sold April 24 for 1.73. Still have a rolled short October 37 put, originally an April earnings 37/47 strangle (short call worked out great!) SKX went from around 42 to 27 after earnings, now hanging around 30.

#fallingknife FYI CAR is down…

#fallingknife

FYI

CAR is down 9%

#fallingknife maybe CCL Carnival Cruise…

#fallingknife maybe CCL

Carnival Cruise line down almost 10% after earnings

ABBV short puts

Sold $ABBV Nov 16 75 puts @ 1.44.
#FallingKnife

Closing WBA

An @optioniceman #FallingKnife trade from 5/8.
Bought to close $WBA Jul 20 57.50 puts @ .o8. Sold for 1.26.

#fallingknife, #shortputs FYI RHT is…

#fallingknife, #shortputs

FYI
RHT is down about 12% in after-hours trading.
MED down 12%
STMP down 10%
TUP down 9%
SHOP had a pullback of 4%

#coveredcall, #pietrade

#shortputs #postearnings #fallingknife ORCL Sold…

#shortputs #postearnings #fallingknife ORCL
Sold July 20, 42.50 put for .65, down about 3.00 to 43.60

MGM = S&P500’s biggest % down move

Sold $MGM Dec 21 25 puts @ .78
#FallingKnife

OLED Falling Knife

Sold $OLED Dec 21 55 puts @ 1.20 with the stock at 91.30
#FallingKnife

#fallingknife FYI TLRD is down…

#fallingknife

FYI

TLRD is down 21%
DIV. 2.75%

SLD TLRD Jan18’19 20 PUT 1.75

#fallingknife FYI HRB is down…

#fallingknife

FYI
HRB is down 18%
Is tax business so bad??
4% Div.

SLD HRB Jan18’19 20 PUT 0.90