NDX: Rolled BeCS from 6460/70 to 6360/70, took profit, reset for delta control against BuPS
PYPL: Covered short calls (Covered Call) and reset on upswing
MOMO: Closed defended earnings trade for net $97.00 profit, used #Inversion defense
ALGN: Added a BeCS to my BuPS for delta management
BA: Bruce Marshall did a class last night at ST, I bought the #Butterfly setup from the class, it’s a directional Butterfly: Jan 18 265/275/285 10×20 for 2.55 debit, target 3.06
NVDA: Fuzzball reminded me to get an NVDA position open, put on a #JadeLizard Dec 15 short 185 put, short 205 call, long 207.5 call for net credit of 3.23, up nicely now, target cover 1.62.
KORS: This started as a post-earnings Iron Condor with good backtest history, but it has gone through SO much defense. Very happy to take it off today. I show a profit after many adjustments, but I don’t quite trust that I have the right baseline number.
SPX: I closed 3 of 4 #Bitty for a +$50 scratch. I added a BeCS to the 4th 2650/2655 for 1.45 cr for delta management.
I know these posts are lacking proper detail, but it’s been a very challenging day for me, trying to get the cows back into the corral!
Sue