https://coveredcallswithjeff.wordpress.com/2021/04/10/update-on-spy-iron-condor-strategy-losing-175-despite-a-lot-of-effort-and-trading-schwab-might-be-winning-on-commission/
Tag Archives: IronCondor
Closed Position on MOS….IC rescued CC
Closed MU Position
A bright spot on down day…..
LULU AMC
From a little earlier today:
Rolled $AMC Feb-26-2021 10 #CoveredCalls // Mar-05-2021 $12 @0.25 Credit Earnings Mar-03
Rolled $LULU Feb-26-2021 325/335 #BuPS // Mar-12-2021 @1.30 Debit
STO $LULU Mar-12-2021 345/355 #BeCS @1.14 Making an #IronCondor and to help fix loss on #BuPS Side.
PTON
Rolled $PTON Feb-26-2021 130/140 #BuPS // Mar-05-2021 @0.05 credit.
STO $PTON Mar-05-2021 150/160 #BeCS @0.95 #ironcondor
I may be just delaying pain. We’ll see. Still also holding shares.
IC on ABT and DXCM….paying to learn???
https://coveredcallswithjeff.wordpress.com/2021/02/13/iron-condor-ic-on-abt-dxcm/
Iron Condor on CHWY
This is only the second or third Iron Condor I have traded…..based on Tastytrade recommendation.
https://coveredcallswithjeff.wordpress.com/2021/02/09/chwy-iron-condor-mar-19-75-95-125-145-net-credit-5-29/
#closing #earnings AAPL Bought March…
Bought March 19, 115/125/165/175 #ironcondor for 2.57, sold yesterday for 3.15
#earnings #ironcondor AAPL Sold March…
#earnings #ironcondor AAPL #jadelizard AAL
AAPL Sold March 19, 115/125/165/175 for 3.15
AAL Sold Feb. 19, 17/17/19 for 2.35
Both #tastytradefollow
#ironcondor #ironbutterfly LI Sold March…
Sold March 19, 25/33/33/36 for 4.82 Chinese electric SUV company-what could go wrong?
#closing #ironcondor RCL Dec. 7,…
#closing #ironcondor RCL
Dec. 7, sold Jan. 15, 60/65/95/100 for 1.53, bought today for .20
#closing #ironcondor CRM Dec. 4…
#closing #ironcondor CRM
Dec. 4 sold a 190/200/250/260 for 3.04, bought today for 1.97
#ironcondor NFLX Sold Nov. 20,…
#ironcondor NFLX
Sold Nov. 20, 440/445/575/580 for 1.53
#closing NFLX #rolling AAL M…
#closing NFLX #rolling AAL M CCL NKLA #coveredcalls X CCL UAL
NFLX closed a Nov. 20 #ironcondor for a loss of $24, being uncooperative
AAL rolled Oct. 16, 20 put to Nov. 20 for .27
CCL rolled Oct. 16, 20 put to Nov. 20 for .50
M rolled Oct. 16, 8 put to Nov. 20 for .18
X sold Oct. 16, 8.5 #coveredcall for .16
CCL sold Oct. 16, 16 #coveredcall for .45
UAL rolled Oct. 30, 27 #coveredcall to Dec. 18 for 1.40
NKLA Sept. 9 sold an Oct. 16, 20/30 put spread for 1.47. financial shenanigans brought the stock down, Today sold the long put for 1.40, was bought for .35, rolled the short put to Nov. for 2.90
#earnings #closing LULU Sept. 8,…
Sept. 8, sold Oct. 16 #ironcondor for 2.66, bought today for 1.96.
#closing AMZN Aug. 21, sold…
#closing AMZN #shortputspread NKLA
AMZN Aug. 21, sold an Oct. 16, 3030/3050/3660/3680 #ironcondor for 6.30, bought today for 3.48
NKLA sold Oct. 16, 20/30 for 1.47
#ironcondor TSLA Sold Oct. 16,…
#ironcondor TSLA #shortputs WBA
TSLA Sold Oct. 16, 250/260/450/460 for 3.56
#tastytradefollow
WBA sold Oct. 16, 32.50 put for .53
#earnings #ironcondor LULU It took…
#earnings #ironcondor LULU
It took a few tries at different prices and expirations throughout the day
Sold Oct. 16, 280/290/430/440 for 2.66
Thanks for the data Jeff
#tastytradefollow
ZM Earnings IC
#earnings #ironcondor
$ZM STO 9/4 270/280/370/360 IC at 3.05
#shortputs #closing SBUX Bought to…
#shortputs #closing SBUX
Bought to close Sept. 18, 90 put. This started as an #ironcondor on February 21 with an 82.50 short put. It was rolled 6 times ending up as a naked put. I ended up making $89.
#ironcondor AMZN Sold Sept. 18,…
#ironcondor AMZN
Sold Sept. 18, 3030/3050/3660/3680 for 6.20
#earnings #ironcondor BIDU Sold Aug….
AMZN
#IronCondor – Following @Ramie but I’m a weenie selling 2x the expected move… 🙂
Sold AMZN AUG 21 2020 2650.0/2700.00/3700/3750 Iron Condor @ 3.15
#earnings #ironcondor AAPL Sold Aug….
Expirations
OX $SLB 19 #CoveredCallS. Replaced yesterday with $18.5 @0.25 for next week.
OX $SPX 3065/3075/3215/3225 #IronCondor. Sold yesterday @0.75. (thanks Jeff)
#putratiospread #ironcondor #rolling KRE JPM…
#putratiospread #ironcondor #rolling KRE JPM OXY VIAC
KRE sold Aug. 21, 32/32/35 ratio put spread for .58
JPM sold Aug. 21, 80/85/110/115 iron condor for 2.06
#tastytradefollow
OXY rolled July 17, 30 put to August 17, 30 put for .20, I’ve had it since March 4, going to have it for a while longer.
VIAC rolled July 17, 25 put to August 21 for .87
#closing BABA June 9 sold…
#closing BABA
June 9 sold a July 17 #ironcondor for 3.44, bought it back today for 3.54, so BABA stopped going up, but I don’t have to worry about it.
#ironcondor BABA Sold July 17,…
#closing FB BABA QQQ FB…
#closing FB BABA QQQ COF
FB Bought 242.50/245 #shortcallspreads for .48, sold May 22 for .83
BABA bought 170/175/230/235 #ironcondor for 1.10, sold May 22 for 1.37
QQQ bought 185/195/235/246 #ironcondor for 1.97, sold May 13 for 2.68
COF bought June 19, 50 put for .41, sold May 21 for 1.04 #shortputs
Trades
TLRY sold May 29, 9.50 put for .61 #shortputs
TSLA Sold May 29, 760/765 put spread for .68 #shortputspread
LUV rolled June 19 40 put to August for .50 #rolling #shortputs
HTZ sold my 200 shares, risk off, for traditional Chicago Bears first play from scrimmage-no gain
FB Sold June 19, 242.50/245 #shortcallspreads for .83
TWTR sold July 17, 27/38 #shortstrangles strangle for 1.24
BABA Sold July 17, 170/175/230/235 #ironcondor for 1.39
#ironcondor BABA Sold June 19,…
#ironcondor BABA
Sold June 19, 170/175/230/235 for 1.39. BABA is down 10 today to around 201 after earnings
#ironcondor IWM Sold June 19,…
#ironcondor IWM
Sold June 19, 102/107/135/140 for 1.70.
#rolling APA Rolled May 15,…
#rolling APA #ironcondor QQQ
Rolled May 15, 11 put to June 12 for .85, APA down $1.00 below 11 today.
QQQ Sold June 19, 185/195/235/246 for 2.68.
#closing AAPL Bought May 15,…
#closing AAPL
Bought May 15, 260 put for 1.24, sold yesterday for 1.73.
Bought May 15 #ironcondor for .95, sold yesterday for 1.19
#earnings #ironcondor AAPL Sold May…
#earnings #ironcondor AAPL
Sold May 15, 260/265/315/320 for 1.19
#ironcondor #jadelizard QQQ Sold April…
Sold April 17, 167/177/205/207 for 2.04
#tastytradefollow
#closing #ironcondor TSLA January 29,…
#closing #ironcondor TSLA
January 29, sold a March 20, 440/450/700/710 for 2.98-seemed like a good idea at the time. Bought today for 2.61.
I still need another 200 points down, no offense if you’re bullish.
#earnings #closing COST Bought #ironcondor…
Bought #ironcondor for 1.33, sold yesterday for 1.91. COST is down about 6 points today, I’ll take the gain while I can.
Thanks for the data Jeff
#earnings #ironcondor COST Sold March…
#earnings #ironcondor COST
Sold March 20, 265/275/345/355 for 1.91. The price is jumping all over.
Thanks for the data Jeff.
#ironcondor QQQ Sold April 17,…
#ironcondor QQQ
Sold April 17, 175/185/225/235 for 3.10
#earnings #closing DE Feb. 20…
Feb. 20 sold a 150/155/175/180 #ironcondor for 1.76. DE went as high as 182 before coming back down the last 2 days. I bought the IC today for 1.67.
#earnings DE Sold March 20,…
#earnings DE
Sold March 20, 150/155/175/180 #ironcondor for 1.76. Thanks for the data Jeff.
#earnings #ironcondor FB Sold Feb….
Sold Feb. 21, 202.50/207.50/240/245 for 1.46, outside the Average moves provided by Jeff (thank you).
#tastytradefollow
#shortstrangles XBI #ironcondor UAL XBI…
#shortstrangles XBI #ironcondor UAL
XBI Sold Feb. 21, 84/100 strangle for 1.09
UAL Sold March 20, 65/77.50/87.50/97.50 for 2.86
#tastytradefollow
#earnings VFC Sold Feb. 21,…
#earnings VFC
Sold Feb. 21, 80/87.50/102/107 #ironcondor for 1.15
#earnings #shortstrangles IBM Sold Feb….
#earnings #shortstrangles IBM #ironcondor NFLX
IBM Sold Feb. 21, 127/149 for 1.26
NFLX sold Feb. 21, 280/290/380/390 for 2.27
Thanks for the data Jeff
#earnings #closing HD Nov. 18,…
Nov. 18, sold a Dec. 20 #ironcondor in HD for 2.60. HD went from 238 down to 211. I rolled the put spread to Jan. 17, let the calls expire and closed today for an $84 gain.
#earnings #closing ANET Oct. 31…
Oct. 31 sold a Dec. 20, 190/200/290/300 #ironcondor for 1.88. ANET went way down to 173.
Today it finally broke 200 as I was getting ready to roll. I closed the put spread for 2.07, the call spread will expire on Friday (it will). I’ll take the small loss as a victory.
#earnings HD #jadelizard #ironcondor This…
#earnings HD KSS
#jadelizard #ironcondor #shortstrangles
HD This is a jade lizard set up with a protective put, making it an iron condor
HD Sold Dec. 20, 210/225/240/242.50 for 2.60
KSS sold Dec. 20, 50/65 strangle for 1.65
Thanks for the data Jeff
#earnings #ROKU #ironcondor I’ll not…
#earnings #ROKU #ironcondor BIDU #shortstrangles
ROKU I’ll not try and bell the cat again. Sold Dec. 20, 105/110/180/185 for 1.49, will probably add a cheap long put and call in case of a blow out.
ROKU Bought Nov. 15, 195/205 call spread for .27
BIDU Sold Nov. 15, 97/120 strangle for 1.83.
Thank you Jeff for the data.
#earnings #closng AAPL FB AAPL…
AAPL bought 210/270 strangle for 1.77, sold yesterday for 2.90
FB bought #ironcondor for 2.28, sold yesterday for 3.00
FB sold double calendar for 1.68, bought yesterday for 1.00 Thanks Jeff
#earnings GOOG #tastytradefollow Bought Nov….
#earnings GOOG SHOP
#tastytradefollow
GOOG Bought Nov. 1 put spread 1295/1297.50 for 1.25
GOOG Bought Nov. 1 call butterfly 1352.50/1357.50/1357.50/1362.50 for .17
SHOP Sold Dec. 20 250/260/405/415 #ironcondor for 2.15
Options Expiration
$ADBE 9/20 292.5/302.5 #BeCS – STO 9/11 @1.31 as part of a #IronCondor.
$TSLA 9/20 220/230 #BuPS – STO 9/12 @0.74
$SPX 9/20 2950/2965/3040/3055 #IC STO 9/19 @0.80.
SPX 1-DTE Expiring
Expiring $SPXW 9/18/2019 2930/2945/3040/3055 #IronCondor STO 9/17 @0.90
Been following these when I can – usually going with $15 wide spreads. Stops at $5 away from the short options strikes, which helps keep me from feeling like I need to watch the chart constantly.
Thank you Jeff!
#earnings ADBE #closing SHOP #tastytradefollow…
#earnings ADBE #closing up SHOP
#tastytradefollow sold Oct. 18, 254/260/300/315 #ironcondor for 4.38
Thanks for the data Jeff
SHOP bought #ironcondor for 5.00 sold for 5.60 on Sept. 11.
#ironcondor SHOP #tastytradefollow Sold Oct….
#ironcondor SHOP
#tastytradefollow Sold Oct. 18, 275/300/405/430 for 5.60. SHOP is around 340.
#tastytradefollow GLD Sold Oct. 18,…
Sold Oct. 18, 128/138/149/159 #ironcondor for 1.86. GLD down a little to 144.
#ironcondor AAPL Sold Oct. 18,…
#ironcondor AAPL
Sold Oct. 18, 180/190/220/230 for 3.76
NVDA earnings (sort of)
#JadeLizards – Playing this like an #Earnings trade but going out further for more safety. No upside risk and would get the stock at a 129 basis if it implodes…
Sold NVDA SEP 20 2019 135.0/150.0/155.0 Jade Lizard @ 6.00
#earnings KMX
Sold a fuzzballish Big Lizard, July 19, 72.70/80/82.50/85 #ironcondor for 2.82. Thanks for the data Jeff.
AVGO condor
#Earnings Sold $AVGO 267.5/270/290/292.5 #IronCondor for 1.35. Better than 1:1, with a bullish lean.
Expiring
#OptionsExpiration #Earnings #IronCondor
$FIVE 117/120-138/141 condors, sold Wednesday for 1.31
Have a good weekend all!
FIVE condor
#Earnings Selling this with a bullish lean based on its history… -3.2% on downside, +11.3% on upside
Sold $FIVE June 7th 117/120-138/141 #IronCondor for 1.31.
SPOT off
#Earnings BTC $SPOT May 3rd 127/129-145/147 #IronCondor for .25. Sold Friday for .95
GOOGL condor
#Earnings Sold to Open $GOOGL May 3rd 1210/1220-1340/1350 #IronCondor for 2.15.
SPOT condor
#Earnings Sold to Open $SPOT May 3rd 127/129-145/147 #IronCondor for .96 and .95.
Strikes outside stock’s previous max moves, and risk/reward is just shy of 1:1.
LULU BeCS
BTC LULU 180/190 4/26 BeCS @0.27.
This was some “when in doubt close it out” — it was the call side of an 150/160/180/190 4/26 #ironcondor sold for 1.25 on 4/17. Still have the put side – didn’t get any fills for a BTC order – expecting to hold it through expiration.
NFLX closed
#Earnings Bought to close $NFLX 345/355-365/375 #IronCondor for 4.15 and 4.16. Sold yesterday for 8.35. With price at dead center, taking profit and running as NFLX may still move big. Can’t Truss It.
NFLX tight condor
#Earnings Sold to Open $NFLX Apr 18th 345/355-365/375 #IronCondor for 8.35.
Risking 1.65 to make 5.00-7.00. Max win is about 8.35 but that’s only if I wait for expiration on Thursday. I’ll look to close this when (and if) stock price gets close enough to my 10-point center range for a profit.
NFLX often gaps big, but then sometimes will fade for the rest of the day (or two days). This is a smaller position as probability is lower and I don’t want to lose the max on a large position.
PNC up and out
#Earnings I played this one exactly right… slightly bearish lean. Today’s +3.1% day is the highest one-day move up after earnings since January 2013. So, expiring with 3.00 exercise cost, $PNC #IronCondor, sold yesterday for 2.00.
PNC (slightly) bearish condor
#Earnings Sold $PNC Apr 12th 124/127-128/131 #IronCondor for 2.00.
Risking 1.00 to make 2.00. Sightly bearish due to its recent history.
PNC earnings analysis
#Earnings $PNC reports tomorrow morning. Below are details on earnings one-day moves over the last 12 quarters.
Comparing 1-point-wide, 3-point-wing #IronCondor trades, PNC comes out with a much better R/R than does $JPM. PNC has a slightly lower average move, but weighted toward downside.
Jan. 16, 2019 BO +0.07%
Oct. 12, 2018 BO -5.58% Biggest DOWN
July 13, 2018 BO +0.23%
April 13, 2018 BO -4.11%
Jan. 12, 2018 BO +0.23%
Oct. 13, 2017 BO -1.12%
July 14, 2017 BO -0.11%
April 13, 2017 BO -0.17%
Jan. 13, 2017 BO +0.72% Biggest UP
Oct. 14, 2016 BO +0.10%
July 15, 2016 BO -0.96%
April 14, 2016 BO -0.56%
Avg (+ or -) 1.16%
Bias -0.94%, negative bias on earnings.
With stock at 128.50 the data suggests these ranges:
Based on current IV (expected move into Friday per TOS): 124.74 to 132.26
Based on AVERAGE move over last 12 quarters: 127.01 to 129.99
Based on MAXIMUM move over last 12 Q’s (5.6%): 121.33 to 135.67
Based on UP max only (+0.7%): 129.43
Open to requests for other symbols.
DAL earnings analysis
#Earnings $DAL reports tomorrow morning. Below are details on earnings one-day moves over the last 12 quarters.
Jan. 15, 2019 BO +0.16%
Oct. 11, 2018 BO +3.56%
July 12, 2018 BO +1.78%
April 12, 2018 BO +2.93%
Jan. 11, 2018 BO +4.76% Biggest UP
Oct. 11, 2017 BO +0.70%
July 13, 2017 BO -1.76% Biggest DOWN
April 12, 2017 BO -0.52%
Jan. 12, 2017 BO -1.06%
Oct. 13, 2016 BO +1.88%
July 14, 2016 BO +3.58%
April 14, 2016 BO +0.93%
Avg (+ or -) 1.97%
Bias 1.41%, strong positive bias on earnings.
With stock at 57.00 the data suggests these ranges:
Based on current IV (expected move into Friday per TOS): 54.79 to 59.21
Based on AVERAGE move over last 12 quarters: 55.88 to 58.12
Based on MAXIMUM move over last 12 Q’s (13.1%): 54.29 to 59.71
Based on DOWN max only (-1.8%): 56.00
Open to requests for other symbols.
#ironcondor TSLA Sold May 17,…
#ironcondor TSLA
Sold May 17, 215/220/320/325 for 1.83.
