While trying to wrap my head around the UVXY synthetic LEAP trades…
sold Sept 15 145/155/180/190 for 2.00 modified from my fav TT trader Fauzia
Sold Sept. 15 920/925/1040/1045 for 1.35-followed a TT trade
#Earnings Bought to close $REGN Aug 4th 500/510 call spreads for .30. Sold yesterday in the 430/440/500/510 #IronCondor for 1.95. I will let the put side expire.
Bought to close $SODA Aug 4th 57.5 puts for .20. Sold Tuesday in the 57.5/55 put spreads for 1.40. Leaving long 55 puts as a lottery ticket.
#Earnings Sold to Open $REGN 430/440/500/510 #IronCondor for 1.95. Filled on the pop up to 475.
Biggest UP move: +6.7% , Biggest DOWN move: -6.3% , Average move: 3.2%. Short strikes are +5.3% and -7.4% OTM.
#OptionsExpiration #Earnings #CoveredCalls #ContangoETFs #ShortStrangles #ShortCalls
— Expiring w/Max Profit —
DUST 45 calls
FSLR 49 covered call
— Assignments —
HCA 83.5 puts, taking stock, cost basis 82.30
FSLR 48 covered call, releasing half of stock position
— Expiring w/Loss —
AMZN 1037.5/1042.5/1092.5/1097.5 #IronCondor
AMZN 1030/1050/1070 #IronButterfly
GOOGL 980/1000/1020 Iron Butterflys
#Earnings I had two each of the #IronButterly and the #IronCondor. I have now closed one of each for less than max loss. Holding the others as it looks possible that AMZN may actually end the day decently.
BTC July 28th 1030/1050 put spread (from the IB) for 19.80. Sold yesterday for 17.875.
BTC July 28th 1037.5/1042.5 put spread (from the IC) for 4.70. Sold yesterday for 3.50.
#Earnings Volatility in the last few minutes got me filled on this, despite very wide bid/ask spreads.
Sold to Open $AMZN July 28th 1037.5/1042.50/1092.5/1097.5 #IronCondor for 3.50. Max risk, 1.50. Set the order when AMZN was at 1068, filled when it was at 1053.
Over last 12 quarters, Biggest UP move: 14.1%, Biggest DOWN move: -9.6%, Average move: 7.4%. This trade is +3.8% and -1.0% OTM.
When you reduce to the last 6 quarters, the moves are smaller: Biggest UP move: 9.6%, Biggest DOWN move: -7.6%, Average move: 4.6%.
Also considering a 20-point wide #IronButterfly, which I may sell at end of the day.