$FLS #ShortPuts – Bought to close FLS Jan 19 2018 35.0 Puts @ 0.05. It won’t trade any lower.
Originally sold in August at 1.40 as a #FallingKnife Trade
Tag Archives: FallingKnife
$DVN #ShortPuts – Bought to…
$DVN #ShortPuts – Bought to close DVN Jan 19 2018 29.0 Put @ 0.01.
Originally sold at 1.32 and again at 1.43 as #FallingKnife trades
$AMGN #ShortPuts – Bought to…
$AMGN #ShortPuts – Bought to close 1 AMGN Jan 19 2018 115.0 Put @ 0.01. Out a month early.
Sold in May at 1.36 as a #FallingKnife trade.
$FCX #ShortPuts – Bought to…
$FCX #ShortPuts – Bought to close FCX Jan 19 2018 9.0 Puts @ 0.01. Out of these a month early too.
Sold in May at 0.57 as a #FallingKnife trade.
$AKAM #ShortPuts – Bought to…
$AKAM #ShortPuts – Bought to close AKAM Jan 19 2018 40.0 Puts @ 0.01. Out of these a month early too.
Sold in May at 1.22, 1.42, and 1.62 as #FallingKnife trades before dropping down to the 37.50 strike to continue selling.
$HAL #ShortPuts – Bought to…
$HAL #ShortPuts – Bought to close 1 HAL Jan 19 2018 37.0 Put @ 0.01. Out of this a month early.
Sold 07/24/2017 @ 1.15 as a #FallingKnife trade
$AKAM #ShortPuts – Bought to…
$AKAM #ShortPuts – Bought to close AKAM Jan 19 2018 37.5 Puts @0.01. Out a month early
Sold in May at 1.14 and again at 1.43 as a #FallingKnife trade.
ALK #FallingKnife #shortputs BTC 1…
ALK #FallingKnife #shortputs
BTC 1 $ALK April 18 2018 55 put @.65, STO Nov 11 55 put @ 2.02 taking 68% 126 DTE
Thanks @OptionIceman (I’m sure this will get richer but can’t hold as long…take tt better than 50%.)
$HES Falling Knife
Got filled on this earlier but didn’t see until now.
Sold $HES May 18 2018 35 puts @ 1.10 with the stock at 42.41.
$COO Falling Knife-ish
With the stock at 225.32, a better representation of the Iceman #FallingKnife strategy might be selling the 170 puts, midprice around 1.30 right now. The 170 would take you back to Dec 2016 as the last time the stock was at that level. In this case I’m going higher for more premium–190 puts, a strike last seen in Feb of this year. Delta is 14.
Sold $COO May 18 190 put @ 3.00.
HSIC
#ShortPuts #IRA – Already dealing with UAA so keeping this one on a short leash with the AMZN rumor today. One contract small loss and moving on. I’d re-post the chicken if it wasn’t so big!
Bought to Close HSIC Apr 20 2018 60.0 Put @ 1.95 (sold for 1.75)
#fallingknife #shortputs KR On Sept….
On Sept. 22, sold an April 20, 19 put for 1.50, closed today for .20-thanks Iceman
SWKS #FallingKnife adding Moving down…
SWKS #FallingKnife adding
Moving down a strike.
Sold $SWKS May 18 70 put @ 1.25
$VTR #FallingKnife Raymond James downgrades…
$VTR #FallingKnife
Raymond James downgrades Ventas (NYSE:VTR) from Market Perform to Underperform. No position yet…
SWKS #FallingKnife Sold $SWKS May…
SWKS #FallingKnife
Sold $SWKS May 18 75 puts @ 1.50
$BIIB #ShortPuts – Bought to…
$BIIB #ShortPuts – Bought to close 1 BIIB Jan 19 2018 165.0 Put @ 0.05.
Originally sold in May at 1.45 as a #FallingKnife trade
$HP #ShortPuts – Bought to…
$HP #ShortPuts – Bought to close HP Jan 19 2018 40.0 Puts @ 0.05.
Originally sold in May at 1.20, in July at 1.35 and in August at 1.60 as #FallingKnife trades.
$WDC #ShortPuts #FallingKnife – Sold…
$WDC #ShortPuts #FallingKnife – Sold 1 WDC Jul 20 2018 55.0 Put @ 1.40 with the stock at 79.50
$WDC #ShortPuts #FallingKnife – Sold…
$WDC #ShortPuts #FallingKnife – Sold 1 WDC Apr 20 2018 65.0 Put @ 1.75 with the stock at 80.09
$FTI #ShortPuts – Bought to…
$FTI #ShortPuts – Bought to close FTI Jan 19 2018 24.0 Puts @ 0.05.
Originally sold in August at 1.30 and 1.40 as a #FallingKnife trade.
WDC #FallingKnife Sold $WDC Apr…
WDC #FallingKnife
Sold $WDC Apr 20 65 put @ 1.75. Adding to my put ladder.
$TAP #ShortPuts #FallingKnife – Sold…
$TAP #ShortPuts #FallingKnife – Sold 1 TAP Jul 20 2018 65.0 Put @ 1.55 with the stock at 77.0.
ADSK #ShortPuts #FallingKnife – Sold…
$ADSK #ShortPuts #FallingKnife – Sold 1 ADSK Jul 20 2018 70.0 Put @ 1.58 with the stock at 106.50.
Breakeven right near the 1-year low. And the lowest available strike.
MU
#FallingKnife
MU a falling knife?
$KR #CoveredCalls – another #FallingKnife…
$KR #CoveredCalls – another #FallingKnife on the rebound –
Sold KR Jul 20 2018 29.0 Calls @ 0.70
Sold KR Jul 20 2018 30.0 Calls @ 0.60
$CHRW #ShortPuts – Bought to…
$CHRW #ShortPuts – Bought to close CHRW Jan 19 2018 60.0 Puts @ 0.05.
This was part of a #FallingKnife #OptionLadder that is now closed out.
Originally sold at 1.15 in May 2017 and added to at 1.45 and 1.75
$SQ #fallingknife candidate in the…
$SQ #fallingknife candidate in the making
Major drop today, look for opportunities to sell puts
$SEE #ShortPuts – Bought to…
$SEE #ShortPuts – Bought to close 1 SEE Jan 19 2018 37.0 Put @ 0.05.
It won’t trade any lower.
Originally sold in May at 1.25 as a #FallingKnife trade.
$LB #ShortPuts – Bought to…
$LB #ShortPuts – Bought to close LB Jan 19 2018 32.5 Puts @ 0.05. They won’t trade any lower and don’t expire until next year.
Originally sold on 08/15/2017 at 1.35 as a #FallingKnife trade and then added to the position on 08/17/2017 at 2.10.
$HES #ShortPuts – Bought to…
$HES #ShortPuts – Bought to close 1 HES Jan 19 2018 30.0 Put @ 0.01. It won’t trade any lower.
Originally sold on 06/21/2017 @ 1.22 as a #FallingKnife trade
$MUR #ShortPuts – Bought to…
$MUR #ShortPuts – Bought to close 1 MUR Jan 19 2018 20.0 Put @ 0.05. It won’t trade any lower and doesn’t expire until next year.
Originally sold in May at 1.40 as a #FallingKnife trade.
$SIG #ShortPuts #FallingKnife – Sold…
$SIG #ShortPuts #FallingKnife – Sold 1 SIG APR 20 2018 40.0 Put @ 2.50
Also Sold 1 SIG APR 20 2018 35.0 Put @ 1.40
$PXD #ShortPuts – Bought to…
$PXD #ShortPuts – Bought to close PXD Jan 19 2018 95.0 Puts @ 0.05. They won’t trade any lower and don’t expire until next year.
Originally sold on 06/20 at 1.15 and again on 08/03 at 1.25 as #FallingKnife trades.
$DKS #ShortPuts – Bought to…
$DKS #ShortPuts – Bought to close 1 DKS Dec 15 2017 24.0 Put @ 0.05. It won’t trade any lower.
Originally sold on 08/18/2017 at 1.30 as a #FallingKnife trade.
$RL #ShortPuts – Bought to…
$RL #ShortPuts – Bought to close 1 RL Jan 19 2018 55.0 Put @ 0.05. It doesn’t expire until next year and won’t trade any lower.
Originally sold on 05/16/2017 at 1.30 as a #FallingKnife trade.
$HSIC #ShortPuts #FallingKnife – Sold…
$HSIC #ShortPuts #FallingKnife – Sold 1 HSIC Apr 20 2018 60.0 Put @ 2.35 with the stock at 66.24.
Adding to my position.
$HSIC #ShortPuts #FallingKnife – Sold…
$HSIC #ShortPuts #FallingKnife – Sold 1 HSIC Apr 20 2018 60.0 Put @ 1.95 with the stock at 67.61
#OptionsExpiration #Monthly #Nov17 – A…
#OptionsExpiration #Monthly #Nov17 – A smaller than normal monthly expiration cycle because of lower than average volatility, and because I have been covering positions early at minimum prices.
Plenty of #FallingKnife trades expiring ($ABC $CVS $ESRX $FL $FOSL $GILD $M $NOV $TAP) plus a few volatility positions ($SVXY and $UVXY)
Taking a nice gain on $LB that was acquired via Put assignment in August and going long one new stock $NBL. A scattering of other covered call positions are expiring.
— Expirations —
ABC Nov 17 2017 70 Puts
ANF Nov 17 2017 11 Puts
ANF Nov 17 2017 15 Puts
CVS Nov 17 2017 65 Puts
DUST Nov 17 2017 35 Calls
ESRX Nov 17 2017 52.5 Puts
FL Nov 17 2017 26 Puts
FL Nov 17 2017 30 Puts
FOSL Nov 17 2017 7 Puts
GILD Nov 17 2017 70 Puts
KR Nov 17 2017 24 Calls (Covered)
M Nov 17 2017 20 Puts
NOV Nov 17 2017 29 Puts
NUGT Nov 17 2017 25.5 Puts
RRC Nov 17 2017 23 Calls (Covered)
SLB Nov 17 2017 57.5 Puts
SVXY Nov 17 2017 75 Puts
SVXY Nov 17 2017 76 Puts
SVXY Nov 17 2017 77 Puts
SVXY Nov 17 2017 78 Puts
SVXY Nov 17 2017 79 Puts
SVXY Nov 17 2017 80 Puts
SVXY Nov 17 2017 85 Puts
TAP Nov 17 2017 77.5 Puts
UVXY Nov 17 2017 18.5 Calls (Covered)
UVXY Nov 17 2017 19 Calls (Covered)
UVXY Nov 17 2017 25 Calls
UVXY Nov 17 2017 25.5 Calls
UVXY Nov 17 2017 26 Calls
UVXY Nov 17 2017 26.5 Calls
UVXY Nov 17 2017 27 Calls
UVXY Nov 17 2017 27.5 Calls
UVXY Nov 17 2017 28 Calls
UVXY Nov 17 2017 28.5 Calls
UVXY Nov 17 2017 45 Calls
— Assignments —
LB Nov 17 2017 47.5 Calls (Covered)
NBL Nov 17 2017 27.5 Puts – going long a few shares.
$CMI #FallingKnife Sold $CMI Jun…
$CMI #FallingKnife
Sold $CMI Jun 15 2018 120 put @ 1.60 with the stock at 159.86 and right at the 200 day moving average.
EDIT: Added a Mar 16 2018 135 put @ 1.65
$GWW #ShortPuts – Bought to…
$GWW #ShortPuts – Bought to close GWW Jan 19 2018 130.0 Puts @ 0.05.
They don’t expire until next year.
Originally sold in May at 1.25 as a #FallingKnife trade.
Still short other Puts in this stock.
$NWL Adding
Sold $NWL Jun 15 2018 23 put @ 1.35.
Put ladder is now:
Mar 26
Jun 25
Jun 23
$EFX #ShortPuts – Bought to…
$EFX #ShortPuts – Bought to close EFX Jan 19 2018 60.0 Puts @ 0.05. They don’t expire until next year.
Originally sold in September at 1.20 and again at 1.90 as a #FallingKnife trade.
Still short the Apr 60 Puts
$SLB #ShortPuts #FallingKnife – Sold…
$SLB #ShortPuts #FallingKnife – Sold 1 SLB May 18 2018 55 Put @ 1.80
$CHRW #ShortPuts – Bought to…
$CHRW #ShortPuts – Bought to close CHRW Jan 19 2018 60.0 Puts @ 0.05. They don’t expire until next year.
Originally sold in May at 1.15, 1.45 and 1.75 as a #FallingKnife trade.
$TSCO #ShortPuts – Bought to…
$TSCO #ShortPuts – Bought to close TSCO Jan 19 2018 45.0 Puts @ 0.05. They don’t expire until next year.
Originally sold in May at 1.40 and again in July at 2.25 as #FallingKnife trades.
Also short the Jan 50 Puts. Just waiting for the fill on my order at 0.05.
$SIG #ShortPuts – Bought to…
$SIG #ShortPuts – Bought to close SIG Jan 19 2018 35.0 Puts @ 0.05. It doesn’t expire until next year.
Originally sold in May at 1.15, 1.30 and 1.35 as a #FallingKnife trade.
Also short the Jan 40 Puts which are bid at a nickel. Just waiting for the fill on my order at 0.05.
IBB split
Was looking at some of our old friends…BIB XBI LABU and IBB for maybe some potential #FallingKnife possibilities when I stumbled on this for IBB:
The Board has approved a 3-for-1 split for this fund for shareholders of record as of the close of business on November 28, 2017, payable after the close of trading on November 30, 2017. The 3-for-1 split will lower the share price and increase the number of outstanding shares. The total value of shares outstanding is not affected by a split.
Could be interesting. Just watching for now but out next year at 220-240 looks like it could get juicy.
REGN
#FallingKnife possibility. I’ve been selling covered calls (cautiously) against it. Looking at a possible long term trade there too. Great weekly premium….
PBYI
Another one to add to the #FallingKnife watch list…
$TRIP #ShortPuts #FallingKnife – Sold…
$TRIP #ShortPuts #FallingKnife – Sold 1 TRIP Jan 19 2018 28.0 Put @ 1.40
$HP #ShortPuts – Bought to…
$HP #ShortPuts – Bought to close HP Dec 15 2017 40.0 Puts @ 0.05. These won’t trade any lower and have over a month until expiration.
Originally sold in August at 1.15, 1.25, 1.30 and 1.55 as a #FallingKnife trade.
Still short the Dec 42.5, Jan 40 and Mar 37.5 Puts in an #OptionLadder.
#fallingknife #shortputs AKAM Bought January…
#fallingknife #shortputs AKAM
Bought January 18, 40 put for .05 sold May 5 for 1.12 gracias hielo hombre
$ALK #ShortPuts #FallingKnife – Sold…
$ALK #ShortPuts #FallingKnife – Sold 1 ALK APR 20 2018 50.0 Put @ 1.25
$TRIPped Up
Sold $TRIP Mar 16 27 put @ 1.45.
#FallingKnife
$NFX #ShortPuts – Bought to…
$NFX #ShortPuts – Bought to close NFX Dec 15 2017 25.0 Puts @ 0.05. They won’t trade any lower and still have over a month until expiration.
Sold at 1.20 and again at 1.50 in June as a #FallingKnife trade.
Still Short Dec 26.0 Puts and Jan 28.0 Puts as part of an #OptionLadder.
$DPS #ShortPuts – Bought to…
$APC #ShortPuts – Bought to close 1 APC Nov 17 2017 37.5 Put @ 0.01 and 1 APC Nov 17 2017 45.0 Put @ 0.01.
They won’t trade any lower.
Sold the 45.0 Put @ 1.68 and the 37.5 Put @ 1.25 as #FallingKnife trades.
$AKAM #ShortPuts – Bought to…
$AKAM #ShortPuts – Bought to close AKAM Nov 17 2017 42.5 Puts @ 0.01. They won’t trade any lower.
Sold at 1.18 and 1.31 and later at 1.61 and 1.68 in May as a #FallingKnife trade.
Still Short Jan 40 and 37.5 Puts as part of an #OptionLadder.
$CVS #ShortPuts #FallingKnife – Sold…
$CVS #ShortPuts #FallingKnife – Sold 1 CVS NOV 24 2017 65.0 Put @ 1.17. Post earnings trade with a short time frame
$CAH $ShortPuts #OptionLadder #FallingKnife -…
$CAH #ShortPuts #OptionLadder #FallingKnife – added a couple of rungs this morning.
Sold 1 CAH MAR 16 2018 52.5 Put @ 1.65
Sold 1 CAH JUN 15 2018 50.0 Put @ 1.70
$APC #ShortPuts – Bought to…
$APC #ShortPuts – Bought to close APC Nov 17 2017 40.0 Puts @ 0.01.
Originally sold on 06/07/2017 at 1.16 as a #FallingKnife trade (and I was way early).
$FLR #ShortPuts – Bought to…
$FLR #ShortPuts – Bought to close FLR Jan 19 2018 35.0 Puts @ 0.05. They won’t trade any lower and don’t expire until next year.
Originally sold on 8/7/17 at 1.25 as a #FallingKnife trade.
$ALK #ShortPuts #FallingKnife – Sold…
$ALK #ShortPuts #FallingKnife – Sold 1 ALK Apr 20 2018 55.0 Put @ 2.15
HRB
That’s gonna be a #FallingKnife you may not want to get under. I can’t wait to file taxes on a post card!
Some #FallingKnife trades Sold: $ABC…
Some #FallingKnife trades
Sold:
$ABC May 18 55 puts @ 1.10
$CAH Mar 16 52.50 put @ 1.30
$CAH Jun 15 50 put @ 1.50
$NWL Jun 15 25 puts @ 1.45
$OXY #ShortPuts – Bought to…
$OXY #ShortPuts – Bought to close OXY Nov 17 2017 52.5 Put @ 0.01.
Originally sold at 1.42.
It seems like all the #Oil related #FallingKnife trades are now working out.
$NFX #ShortPuts – Bought to…
$NFX #ShortPuts – Bought to close 1 NFX Dec 15 2017 23.0 Put @ 0.05. It won’t trade any lower and has almost 2 months to run until expiration.
Originally sold at 1.20 on 08/03/17 as a #FallingKnife trade.
$RIG #ShortPuts – Bought to…
$RIG #ShortPuts – Bought to close RIG Nov 17 2017 8.0 Puts @ 0.01.
Originally sold in May at 0.40 and 0.50 as #FallingKnife trades
$AGN #ShortPuts #FallingKnife – Sold…
$AGN #ShortPuts #FallingKnife – Sold 1 AGN May 18 2018 120.0 Put @ 1.50 with the stock at 177.92
$EFX #ShortPuts – Bought to…
$EFX #ShortPuts – Bought to close EFX Jan 19 2018 50.0 Puts @ 0.05.
They won’t trade any lower and don’t expire until next year.
Originally sold about 6 weeks ago at 1.20 & 1.25 as a #FallingKnife trade
$WBA #ShortPuts #FallingKnife – Sold…
$WBA #ShortPuts #FallingKnife – Sold 1 WBA Dec 15 2017 62.5 Put @ 1.94
$CVS #ShortPuts #FallingKnife – Sold…
$CVS #ShortPuts #FallingKnife – Sold 1 CVS Nov 10 2017 67.5 Put @ 1.80.
Short turnaround time if the stock stabilizes
$CELG #ShortPuts #FallingKnife – Sold…
$CELG #ShortPuts #FallingKnife – Sold 1 CELG Jun 15 2018 65.0 Put @ 1.30 with the stock at 95.90
$NOV #ShortPuts – Bought to…
$NOV #ShortPuts – Bought to close NOV Nov 17 2017 28.0 Puts @ 0.01. They won’t trade any lower.
Sold in May 2017 at 1.21 as a #FallingKnife trade.
$AKAM #ShortPuts – Bought to…
$AKAM #ShortPuts – Bought to close AKAM Nov 17 2017 40.0 Puts @ 0.01. They won’t trade any lower.
Sold in May 2017 at 1.22 as a #FallingKnife trade.
$GILD #ShortPuts #FallingKnife – Sold…
$GILD #ShortPuts #FallingKnife – Sold 1 GILD FEB 16 2018 65.0 Put @ 1.57