#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
#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
TRIP is down 14%
Good premium in Jan for $39 and $40
X is down 10%
#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 down 16%, 12 points, to just under 60. Sold Dec. 50 put for 2.05.
FDP is down 14%
#fallingknife #shortputspread CMG
sold September 21, 370/380 for 1.15
#fallingknife VRNS
down 23% today
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 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 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 in Jan 140 @ 2.40
Any takers?
Bot FB Aug3 175/180 cds @ 2.40. Looking for a dead cat bounce on FB.
#fallingknife
#shortputs #closing #fallingknife HA
June 12, sold October, 32 put for 1.12, bought today for .45
#shortputs #fallingknife
FYI
NTGR down 10%
PZZA down 8%
SXT down 8%
LII down 4%
Sold $HAL Jan 18 2019 38 puts @ 1.49
#FallingKnife
#fallingknife
FYI
SKX is down 21%
#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 #closing ABBV
June 25, sold Nov, 75 put for 1.40, bought today for .80
FYI
9% drop in ADS
High premium in Dec and Jan
#fallingknife ANET
Arista down 5%
Extending my put ladder to Nov on this #FallingKnife.
Sold $LB Nov 16 27.50 puts @ 1.10.
FYI
AVGO is down 14%
LB down 10%
FYI
PSMT is down 8%
#fallingknife maybe TSLA
40 point drop in the last 2 days (making me happy-for now)
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 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 maybe CCL
Carnival Cruise line down almost 10% after earnings
Sold $ABBV Nov 16 75 puts @ 1.44.
#FallingKnife
An @optioniceman #FallingKnife trade from 5/8.
Bought to close $WBA Jul 20 57.50 puts @ .o8. Sold for 1.26.
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%
#shortputs #postearnings #fallingknife ORCL
Sold July 20, 42.50 put for .65, down about 3.00 to 43.60
Sold $MGM Dec 21 25 puts @ .78
#FallingKnife
Sold $OLED Dec 21 55 puts @ 1.20 with the stock at 91.30
#FallingKnife
#FallingKnife #ShortPuts
BTC CAH 29Jun 49 Puts @ .15, STO @ .84 on 29May at 70%, well above my target.
Thanks #FallingKnife watchers!
SJM is down 4%
#IRA – Not quite a falling knife but getting there…
Sold WYNN DEC 21 2018 140.0 Put @ 4.41
Sold WYNN JAN 18 2019 130.0 Put @ 3.30
ANF down 9%
SLB #FallingKnife ?
TGT is down 5%
Sold $AZO Jul 20 590 put @ 9.80. Today’s post-earnings drop may be subsiding.
JWN #FallingKnife
Sold $JWN Oct 19 37.50 puts @ 1.00
#shortputs #fallingknife WBA, LB, TGT
Closed some puts today including a quick .50 on the TGT trade from Wednesday, will look again after earnings next week (AMAT lesson learned).
Sold Oct. 40 put for 1.48, JWN down almost 10% to around 46 after earnings.
#shortputspread #fallingknife WYNN
Sold June 15, 170/180 for 1.37
#FallingKnife #ShortPuts BTC LB Jun 15 30 puts at .55, STO May 10 at 1.35. Taking 60% profit early. Thanks @optioniceman
#shortputs #fallingknife SYMC
Friday was the day for selling puts in SYMC when it dropped about 10 on internal audit shenanigans, but today sold a June 15, 20 put for .58. This is a Tradewise covered call stock that has brought in $430 in premium and dividends since last August when it was initiated at 28 and change.
#shortputs #fallingknife CVS
Bought June, 57 put for .20, sold the 8th for .94
There’s a #FallingKnife …
DISH #FallingKnife
Adding a ladder rung.
Sold $DISH 12/21 22.50 puts @ 1.20.
CAH #FallingKnife
Sold $CAH Dec 21 40 puts @ 1.30
MYL #FallingKnife
Just saw that I got filled on this:
Sold $MYL Oct 19 30 puts @ .76
WDC #FallingKnife
Sold a put ladder with the stock near 77.
$WDC Jun 15 72.50 puts @ 1.65
$WDC Jun 20 67.50 puts @ 1.42
$WDC Oct 19 60.00 puts @ 1.65
K #FallingKnife
Earnings tomorrow but the decline in this stock has made long term put selling attractive.
Sold $K Dec 21 47.50 puts @ 1.23 with the stock at 56.64.
CMI #FallingKnife
Sold Dec 21 105 puts @ 1.40 with the stock at 146.52
#FallingKnife
Sold $ARNC Oct 19 17 puts @ .74 with the stock at 19.53.
#fallingknife
X is down 12%
#shortputs #postearnings #fallingknife T
Sold July 20, 33 put for 1.20, stock is at 33.39, down about 5% after earnings
#fallingknife #shortputs SKX
SKX finally has leveled off. Sold July 28 put for 1.73, I still have a May 18, 37 put from earnings strangle that I’m willing to bet will be rolled to July and beyond eventually.
Adding November to my ladder (currently short 70 puts in May and Aug).
Sold $SWKS 11/16 60 puts @ 1.25.
Sold a put ladder:
$SWK Jul 20 130 puts @ 1.50
$SWK Oct 19 115 puts @ 1.35
I was looking to sell something in June but that series won’t start trading until Monday. Will keep an eye on it and maybe add June if it keeps tanking.
#FallingKnife trades
Thanks to @optioniceman for the ideas.
Sold:
$CLX Oct 19 100 puts @ 1.35
$PM Sep 21 75 puts @ 1.70
$HSY Nov 16 80 puts @ 1.35
$ADS Jun 15 180 puts @ 1.50
$ADS Sep 21 150 put @ 2.00 (lowest strike)
Assigned early on half of my ERX 8 DTE 20/25 call vertical debit spread. So short half the spread. Easy fix, the 20 long call was so far ITM exercised at intrinsic value so made half the profit a week early. Will let the rest expire next week.
Sitting on my hands the next 2 days, then have a lot expiring tomorrow and will either let assign or roll on Monday depending on what’s left.
FAS CC at 65, 64, 66 are all ATM so will see what happens. Cost basis 61.27, 64.11, 58.17 and 60.63 so all looking good either way.
TNA 69 CC at full profit so will let assign tomorrow.
GM 38.5 CC next week, it is also ATM.
Finally 2 positive weeks in a row, easier with market moving up but I had some trades with a bearish bias as well. Have pulled back 11k on the SVXY losses. Still a long way to go but every bit helps.
Looking at trades for next week, good premiums still out there, WDC, EXPE, SMH, XBI all at top of the list. Some have earnings. SWKS possible #fallingknife looks like finding bottom.
That’s all I have until Monday, have a good expiration and weekend!
Sold $SWKS Aug 17 70 puts @ 1.25
#FallingKnife
This is most whipsawing I can remember seeing in years.
Sold $MHK Aug 17 175 puts @ 2.00. Delta 9 with a strike below the 2 year lows in the stock.
#FallingKnife
Sold $DWDP Sep 21 55 puts @ 1.45
#FallingKnife
Selling Sep to add to my short Jun 50 put
Sold $CAH Sep 21 50 puts @ 1.35
#FallingKnife
Sold $MS Jul 20 46 puts @ 1.04 with the stock at 53.25.
#FallingKnife
Already short 100 puts in Aug.
Adding at 2 strikes lower:
Sold $AYI Aug 17 90 put @ 1.45
#FallingKnife
#fallingknife OLED
OLED fell from around 157 to around 120 after earnings on Feb. 22, recovered to about 130 now is down to 106. Big AAPL supplier, maybe not much longer.