Sold Sept. 20, 17 put for 1.08. Macy’s is down 2.25, about 11% after earnings.
Tag Archives: FallingKnife
#fallingknife PLAY is down 22%
#fallingknife
PLAY is down 22%
IRBT Sep
Filled at the bell as the stock took a dive into the close.
Sold $IRBT 9/20 60 puts @ 1.20.
#FallingKnife
SIG earnings analysis
#Earnings $SIG reports tomorrow morning. Below are details on earnings one-day moves over the last 12 quarters.
I have never traded this, but it is a big mover
Dec. 6, 2018 BO -18.04%
Aug. 30, 2018 BO +23.84% Biggest UP
June 6, 2018 BO +18.39%
March 14, 2018 BO -20.22%
Nov. 21, 2017 BO -30.39% Biggest DOWN
Aug. 24, 2017 BO +16.66%
May 25, 2017 BO -7.75%
March 9, 2017 BO +8.72%
Nov. 22, 2016 BO +2.14%
Aug. 25, 2016 BO -12.62%
May 26, 2016 BO -10.49%
March 24, 2016 BO +2.88%
Avg (+ or -) 14.35%
Bias -2.24%, negative bias on earnings.
With stock at 27.50 the data suggests these ranges:
Based on current IV (expected move into Friday per TOS): 23.31 to 31.69
Based on AVERAGE move over last 12 quarters: 23.56 to 31.44
Based on MAXIMUM move over last 12 Q’s (30.4%): 19.14 to 35.86
Based on UP max only (+23.8%): 34.06
Open to requests for other symbols.
#fallingknife STO RH Jan17’20 70…
#fallingknife
STO RH Jan17’20 70 PUT $6.40
BIIB
#FallingKnife – No position here (remember Valeant and Mylan?)…I’ll see where it is when they add some more strikes in May. Earnings April 24th…
#coveredcallcampaign NTGR In early February…
#coveredcallcampaign NTGR
In early February I was assigned from a Dec. put that was sold in July as a #fallingknife. The cost basis was down to 36.95, sold an April 19, 36 call for 1.25.
ROKU
#ShortPuts #FallingKnife – Starter position just before next earnings…
Sold 1 ROKU APR 26 2019 50 Put @ 1.35
BA
#ShortPuts – Staying prior to next earnings. Look to roll into the high IV or sell covered call then if needed.
Sold BA APR 18 2019 325.0 Put @ 3.50
#coveredcallcampaign #fallingknife #longputs Trades from…
#coveredcallcampaign #fallingknife #longputs Trades from yesterday and today
WYNN yesterday rolled 140 call to April for 1.25, WYNN tanking today
CPRI yesterday rolled March 22 call to April 12 for .66
EWZ sold short 100 shares for 41.57
MS bought long April 18, 40/35 BeCS
PFE sold April 18, 44 call, was supposed to be a covered call in an IRA, ended up in wrong account, for .26
CVS today sold April 18, 50 put for .86, thanks @ramie77
MET rolled 42.50 call to April 18 for .57
DB bought April 18, 9 put for .62
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…
Does HPQ qualifies for a #fallingknife ?
Down 18%
STMP #fallingknife STO Jan 17,…
STMP
#fallingknife
STO Jan 17, 2020 75 PUT @ 11.70
STMP
TUP getting hammered
Sold $TUP Jul 19 22.50 puts @ 1.20 with the stock at 27.87
#FallingKnife
#earnings #callbutterfly WDC Sold (technically…
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 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.
#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
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,…
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%…
STMP
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%
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 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 #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%
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.
#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…
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…
FYI
AVGO is down 14%
LB down 10%
#fallingknife FYI PSMT is down…
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.
Options Bistro 