#Earnings Looked like it might light up on Wednesday, but this is dropping like a stoned.
$TLRY 40.5/44.5/48.5 #IronButterfly, sold for 2.94 on Tuesday, expiring ITM for 4.00 debit, 1.06 loss.
Tag Archives: IronButterfly
#ironbutterfly UVXY #tastytradefollow Sold Sept….
#ironbutterfly UVXY
#tastytradefollow Sold Sept. 20, 20/32/32/38 for 6.23, profitable above 25.75, UVXY currently at 32.50.
TLRY trade
#Earnings Sold to Open $TLRY 40.5/44.5/48.5 #IronButterfly for 2.95. Risking 1.00 to make 2.95. This has a decent chance of max loss, but the R/R make it worth the shot. Also, three days for it to return to the middle if it moves far tonight.
AMZN half closed
#Earnings Bought to close half of my position, $AMZN Apr 26th 1885/1915/1945 #IronButterfly for 13.22. Sold yesterday for 28.15. Getting a bit nervous about this uptrend… I want to give it more chance to come back to 1915, but locking in nice profit on this first batch now in case it keeps going.
AMZN IB
#Earnings Sold to Open $AMZN Apr 26th 1885/1915/1945 #IronButterfly for 28.15. Risking 1.85 to make hopefully a lot.
Dub cal updates
#Earnings
#EarlyAssignment last night on just one (1) $NOC Apr 26th 295 put, part of my #DoubleCalendar. Sold the long May 2nd put for 16.00, and waited through the dip to sell stock for 280.50, netting 1.50 for a profit of .43. The rest of my position will probably not fare so well, but I’ll probably hold again tonight and may be assigned more. (Dub cal bought Wednesday for 1.07.
$MMM has made its biggest earnings drop in at least 17 years, which is as far back as I have records. Nothing you can do about that…. it was the perfect candidate for this strategy, but even “perfect” is no guarantee. I will likely close put side today and not risk early assignment. (bought yesterday for .91)
$FFIV jumped around the center strike in the morning but I got no fill. Now looking for it to recover. (bought yesterday for .81)
Not seeing any great candidates for dub cals today. Maybe $SBUX. Looking at a low risk #IronButterfly on $AMZN.
SPX 1-dte and final trades
#SPX1dte Sold $SPX April 1st 2790/2770 put spreads for .45. This is a roll-up from the puts closed this morning. I’m leaving the 2855/2875 call spread in place.
Expiring: March 29th 2770/2790-2845/2860 condors, sold this morning for 1.10.
#Earnings $CCL #IronButterfly from Monday a flop… exercising for loss of 1.25 on the sale for 2.25.
