#earnings COST ADBE Sold Dec….

#earnings COST ADBE
Sold Dec. 21 5 wide #ironcondors, closed the put spreads for max loss on COST, 3.20 on ADBE.

XLE

#IronCondors – Another Whiz trade…just a one lot but still experimental. I think he did about 150 of them.

Bought to Close XLE AUG 10 2018 73.5/74.0/77.0/77.5 Iron Condor @ .04 (sold for .27)

PII earnings

#Earnings Have not traded this before, but decent premium available outside its average range (although not outside its largest moves).

Sold to Open $PII July 21st 80/85/100/105 #IronCondors for .75. Biggest UP move: 9.3%, Biggest DOWN move: -10.2%, Average move: 5.1%. Short strikes are about +7.7% and -8.5% OTM

Options Expiration 5/12/17

#OptionsExpiration #Earnings #RiskReversal #IronCondors #CallButterfly #SPXcampaign

— Expiring w/Max Profit —
NVDA 95 put
SPX 2375/2350 put spreads

— Expiring w/loss —
JAZZ 155/157.5/160/162.5 iron condors, sold for 1.80, .70 loss
PCLN 1925/1950/1975, and 1975/2000/2025 call butterflys

— Expiring worthless —
SPX risk/reversal:  LONG 2410/2430 call spreads, SHORT 2355/2330 put spreads

 

#earnings This week I had…

#earnings This week I had trades on BIDU,EXPE,SRPT, SBUX and CMG, all expiring May 19, I’m successfully out of 4, SBUX gamble has not worked, small loss. Other than SRPT which was a strangle, the others were #ironcondors. We know there is usually more premium going out further but often don’t get the volatility crush, but have more time for adjustment if it’s needed. I essentially followed Jeff’s trades, tweaking them for my margin needs. Tried for a strangle on X, fortunately wasn’t filled, and an IC on FFIV that wasn’t filled, would be a maybe.

A couple of trades this morning.

#CreditSpread #BuPS #IronCondors
STO May 19 NFLX 135/125 BuPS for $1.60 right after the open.
STO Apr 24 SPX 2290/2285 BuPS and 2395/2390 BeCS for $0.65 when SPX was at 2346.02

SPX for fun

#IronCondors – Legging in staying small. Low (zero?) risk with decent return.

Yesterday Sold Apr 21st 2360/2365 Bear call spreads @ 1.00
Today Sold Apr 21st 2330/2325 Bull put spreads @ 1.55

2.55 credit on 2.50 wide condors. Now risk free but need to hold 2330 by end of week. Let ‘er ride!