#ShortPuts #JadeLizards #Earnings – A few fills so far.
SOXL: Adding again after taking profits last week.
Sold SOXL AUG 20 2021 40.0 Put @ 4.20
TSLA: Taking it too early.
Bought To Close TSLA JUL 30 2021 575.0/670.0/675.0 Jade Lizard @ 3.00 (sold for 5.00)
TQQQ: All new positions. Was completely out of this one.
Sold TQQQ AUG 20 2021 110.0 Put @ 2.40
Sold TQQQ AUG 27 2021 105.0 Put @ 2.60
Sold SEP 3 2021 100.0 Put @ 2.40
#JadeLizards #Earnings – Not the usual premium in TSLA this time around. Going with a Jade Lizard hoping for a down move. Selling the put side about 1.5x expected.
Sold TSLA JUL 30 2021 575.0/670.0/675.0 @ 5.00
#JadeLizards #Earnings – I may have closed this too soon but will take it.
Bought to Close ZM JUN 4 2021 295.0/320.0/325.0 Jade Lizard @ 4.00 (sold for 5.25)
#Earnings #JadeLizards – Not much going on so taking a shot at this. Selling put side near recent lows and slightly in the money on the call side playing for a down move. No upside risk.
Sold ZM JUN 4 2021 295.0/320.0/325.0 Jade Lizard @ 5.25
#Earnings #JadeLizards – Big run today so taking the winner in case it continues up.
Bought to Close NVDA JUN 18 2021 575.0/640.0/650.0 Jade Lizard @ 7.38 (sold for 10.25)
#JadeLizards – In an IRA so I have to spread these. For more downside protection selling the call side right on top of the short put to set up the Jade Lizard. Still no upside risk.
Sold ROKU MAY 7 2021 320.0/327.5 Bear Call Spread @ 2.65
Position for earnings is now 320/320/327.5 Jade Lizard @ 8.35
Is this a Jade Straddle? 🙂 🙂
#ShortPuts #Earnings #JadeLizards – Stock is down Lizard is good and adding a new position.
Bought to Close DDOG FEB 12 2021 108.0/118.0/120.0 Jade Lizard @ .50 (sold for 2.30)
Sold DDOG MAR 19 2021 95.0 Put @ 2.00
#JadeLizards #Earnings – Playing it for a down move. No upside risk.
Sold DDOG FEB 12 2021 108.0/118.0/120.0 Jade Lizard @ 2.30
#JadeLizards #Earnings – Taking the small winner.
Bought to Close TWTR FEB 12 2021 52.5/60.5/61.5 Jade Lizards @ 1.00 (sold for 1.40)
#JadeLizards #Earnings – I rarely trade this but taking a shot here. Playing it to the downside with no upside risk.
Sold TWTR FEB 12 2021 52.5/60.5/61.5 Jade Lizards @ 1.40
#JadeLizards #Earnings – Trying to rally back up to the call side so taking it for about half.
Boughtto Close TSLA JAN 29 2021 725.0/850.0/852.5 Jade Lizard @ 1.57 (sold for 3.25)
#JadeLizards – Wasn’t really sure what to do so figured play it lower with the Lizard. Need at least a 30 -40 point pullback. No upside risk.
Sold TSLA JAN 29 2021 725.0/850.0/852.5 Jade Lizard @ 3.25
#JadeLizards – No idea why this thing is going vertical. Closing call side of Jade Lizard to preserve a couple dollars of gains. Leaving 330 strike put side alone for now.
Bought to Close SNOW DEC 11 2020 400.0/405.0 Bear Call Spread @ 2.95 (Lizard sold for 6.00)
#JadeLizards – Sure seems like it’s due for a rest. Selling put side outside the expected move and call side inside the expected move. Only going out a week…
Sold SNOW DEC 11 2020 330.0/400.0/405.0 Jade Lizard @ 6.00
#JadeLizards – Not sure what this is really called. Selling a call spread two weeks out and a put one week out. No upside risk and possibly allowing an extra put sale the second week. Slightly bullish overall…
Sold TSLA DEC 11 2020 475.0 Put @ 3.40
Sold TSLA DEC 18 2020 590.0/595.0 Bear Call Spread @ 1.67
#JadeLizards – Looking weak so bailing now…
Bought to Close BYND NOV 13 2020 125.0/120.0/124.0 Jade Lizard @ 4.40 (sold for 4.14)
#JadeLizards #Earnings – Looks like we’re not getting rid of cows quite yet… 🙂
Rolled call spread side of the Lizard down from 144/147 to 120/124 for 1.09 credit against a 125 put. Total credit now 4.14 so still no upside risk. Dead zone in this position is from 124.14 to 125.00 I’d be happy for it to get back to those levels.
#JadeLizards #Earnings – Taking a small shot needing a little down move. No upside risk…
Sold BYND NOV 13 2020 125.0/144.0/147.0 Jade Lizard @ 3.05
#JadeLizards – Booking on the bounce. Earnings next week…
Bought to Close OLED OCT 23 2020 187.5/197.5/200.0 Jade Lizard @ .64 (sold for 2.55)
#JadeLizards – Just for something to do. Selling the week before earnings and playing for a pullback over the next week. No upside risk…
Sold OLED OCT 23 2020 187.5/197.5/200.0 Jade Lizard @ 2.55
#JadeLizards #IronFlies – Should’ve sold ITM puts on all of these…LOL No upside risk at least paying off a little.
SPLK Lizard closed call side for slightly better than max loss put side expires (.45 gain)
WDAY Lizard expiring (gain .72)
ULTA Iron Fly call side closed for less than max loss put side expires (lottery ticket .70 loss)
3 cases of the Silver Bullets!
#JadeLizards – Not sure why premium is so high in this but I’ll take a shot at a Lizard for next week. Considered the naked strangle but I prefer the no risk upside here.
Sold OSTK SEP 4 2020 85.0/110.0/112.0 Jade Lizard @ 3.25
#JadeLizards #Earnings – Probably should just sell the put since stocks only go up. Still going with the Lizard but a little less in the money on the call side.
Sold WDAY AUG 28 2020 197.5/215.0/217.5 Jade Lizard @ 3.22
#JadeLizards #Earnings – In a different account playing the ‘ol reliable downside Lizard. Breakeven near recent lows with no upside risk.
Sold SPLK AUG 28 2020 190.0/205.0/207.5 Jade Lizard @ 2.55
#ShortPuts #JadeLizards #OptionsExpiration – Out all day but got a few fills…
BIDU: Wish I could’ve watched it closer…would have been a full winner but I’ll take it.
Bought to Close BIDU AUG 14 2020 116.0/120.0/122.0 Jade Lizards @ 1.26 (sold for 2.05)
NVDA: Replacing an expiring position. Earnings next week.
Sold NVDA SEP 18 2020 380.0 Put @ 4.10
Expired: NVDA 420.0 Put (sold for 2.90)
NTAP: Still chugging along. Earnings still two weeks out. Rolling covered calls.
Rolled NTAP AUG 14 2020 41.5 Calls to AUG 21 2020 42.0 Calls @ .35 credit
#Earnings #JadeLizards – Playing it to the downside with breakeven at 1.5x the expected move. Small window here to get max profit. A move to the downside at the expected move would be perfect. As usual no upside risk.
Sold BIDU AUG 14 2020 116.0/120.0/122.0 Jade Lizards @ 2.05
#JadeLizards #Earnings – Wasn’t expecting that to fill but I’ll take it. Squeezed a buck out of the ‘ol lizard.
Bought to Close STMP AUG 7 2020 245.0/250.0 Bear Call Spread @ 4.90 (Lizard sold @ 5.90)
Letting put side expire….
#JadeLizards #Earnings – This thing has proven that it can go anywhere on earnings. I guess that’s why it’s got the highest IV Rank on my list today by a wide margin. It’s down on the day and I’m playing it further to the downside. Going with the Jade Lizard with the put side close to 1.5x the expected move….2x the expected move including today’s down move. No upside risk but will need the stock down 20 more for a shot at max profit.
Sold STMP AUG 7 2020 215.0/245.0/250.0 Jade Lizard @ 5.90
#JadeLizards #Earnings – Stock went up. (big surprise 🙂 ). Getting what I can from the call spread and letting the put side expire. Made .35!!
Bought to Close LRCX JUL 31 2020 350.0/355.0 side of the Jade Condor @ 4.75 (sold for 5.10)
#Earnings #JadeLizards – I’m calling this a Jade Lizard because it’s fun but adding a disaster put turning it into some sort of an unbalanced iron condor. Still no upside risk and playing for a down move of half to one and a half times the expected move.
Sold LRCX JUL 31 2020 300.0/335.0/350.0/355.0 Jade Condor @ 5.10
#ShortPuts #ShortStrangles #JadeLizards
Bought to Close TSLA JUL 24 2020 1500.0/1505.0 Bear Call Spread part of the Jade Lizard @ 4.49
Any fill better than 5.0 adds to the profit here. I’ll let the put side expire for net gain of 2.36.
Sold TSLA AUG 21 2020 800.0/3200.0 Strangle @ 6.10 (can do better now)
Figuring 50 percent down and 100 percent up might be safe! 🙂 🙂
Still holding 600 strike short put in Aug monthly.
#JadeLizards #Earnings – Doing this in a PM account so the margin hit isn’t horrible. Playing for a down move of 100 to 500 points. LOL. No upside risk. Need at least down 100 for a shot at decent profit. Anything less than that still makes 1.85.
Sold TSLA JUL 24 2020 1100.0/1500.0/1505.0 Jade Lizard @ 6.85
#Earnings #JadeLizards – Taking some heat on the upside so calling this one good enough…
Bought to Close LULU JUN 19 2020 285.0/310.0/315.0 Jade Lizard @ 2.80 (sold for 6.00)
#Earnings #JadeLizards – Going with the Lizard for next week. Playing it to the downside as usual. Breakeven at about twice the expected move with no upside risk.
Sold LULU JUN 19 2020 285.0/310.0/315.0 Jade Lizard @ 6.00
#Earnings #JadeLizards #OneNightStand – Closing the call side before it gets to max loss and letting the put side expire. Total profit of 7 cases of Coors Light. 🙂 🙂
Bought to Close ZM JUN 5 2020 197.5/200.0 Bear Call Spread @ 1.80 (Lizard sold for 2.90)
#JadeLizards #Earnings – Going with the Lizard. Playing it to the downside with breakeven down by the 50 ma and slightly outside the expected move. No upside risk…
Sold ZM JUN 5 2020 170.0/197.5/200.0 Jade Lizard @ 2.90
#JadeLizards #Earnings – Throwing one out there. Put side is outside the expected move and below the 50 day ma with no upside risk.
Sold OLED MAY 8 2020 135.0/155.0/157.5 Jade Lizard @ 2.55
#Earnings #JadeLizards – Beer money…
Bought to Close FB MAY 1 2020 185.0/200.0/202.5 Jade Lizard @ 2.02 (sold for 3.05)
#Earnings #JadeLizards – Throwing a lizard out there for fun.
Sold FB MAY 1 2020 185.0/200.0/202.5 Jade Lizard @ 3.05
#Earnings #JadeLizards – A big enough pullback is not looking likely saw hitting the eject button with beer money. Hey that’s 2 cases of Silver Bullets if I catch it on sale!
Bought to Close GS APR 17 2020 165.0/175.0/177.5 Jade Lizards @ 2.40 (sold for 2.55)
#JadeLizards – Going with the ‘ol lizard here. Breakeven outside the expected move and near or outside Jeff’s data. Playing for a move similar to the JPM move…down but inside the expected move.
Sold GS APR 17 2020 165.0/175.0/177.5 Jade Lizards @ 2.55
#JadeLizards #Earnings – You never know what the next headline will be so taking this off now. Actually closed put side and will let calls expire…
Bought to Close OLED FEB 21 2020 157.5/185.0/187.5 Jade Lizard @ .35 (sold for 2.75)
#JadeLizards #Earnings – Selling the put with breakeven outside the expected move.
Sold OLED FEB 21 2020 157.5/185.0/187.5 Jade Lizard @ 2.75
#JadeLizards #Earnings – Absolutely do not trust this one so playing a Jade Lizard way to the downside with breakeven at almost 2x the expected move. No upside risk but definitely need a down move to make much. Perfect number would be down 20…LOL
Sold STMP FEB 21 2020 65.0/80.0/83.0 Jade Lizards @ 3.26
#JadeLizards #Earnings – In a different account I’m taking a shot at an extremely bearish Jade Lizard. Playing for a down move of at least half the expected move. Selling a put at an even number and selling a very DITM bear call spread. No upside risk here…
Sold TSLA JAN 31 2020 500/545/555 Jade Lizard @ 10.05
#Earnings #JadeLizards – Filled on the opening drop.
Bought to Close MU DEC 20 2019 50.0/55.0/55.5 Jade Lizards @ .23 (sold for .83 average)
#Earnings #JadeLizards – Just for fun…
Sold MU DEC 20 2019 50.0/55.0/55.5 Jade Lizards @ .80
#JadeLizards #Earnings – Getting away to the upside so taking a small winner and moving on…
Bought to Close CIEN DEC 13 2019 33.5/37.0/38.0 Jade Lizards @ .81 (sold for 1.09)
Looked great until the conference call started…not sure what was said.
#JadeLizards #Earnings – Taking a small shot. Breakeven near the expected move and recent lows with no upside risk.
Sold CIEN DEC 13 2019 33.5/37.0/38.0 Jade Lizards @ 1.09
#Earnings #JadeLizards – Another big up move on a Lizard. No harm no foul. Little dip right at the open got me out of the call spread for 1.75. Already up to 2.00 now.
Bought to Close SPLK NOV 22 2019 115.0/127.0/129.0 Jade Lizards @ 1.78 (sold for 2.16)
#JadeLizards #Earnings – Stock is rallying so booking it now…
Bought to Close NTAP NOV 15 2019 56/61/62.5 Jade Lizards @ .75 (sold for 1.62)
#JadeLizards #Earnings – Small position just to have something to do. Playing it to the downside at the expected move and 50ma with no upside risk.
Sold NTAP NOV 15 2019 56/61/62.5 Jade Lizards @ 1.62
#JadeLizards #Earnings – Well that didn’t go how I wanted but no harm no foul. Letting it go out exercised (for free!!) and a 25 dollar profit.
Sold ISRG OCT 18 2019 460.0/505.0/530.0/535.0 Jade Lizard @ 5.25
#Earnings #JadeLizards – Going back into this one with the lizard and adding a protective put in case it pulls an “ULTA”. Need a down move anywhere inside the expected move with no upside risk.
Sold ISRG OCT 18 2019 460.0/505.0/530.0/535.0 Jade Lizard @ 5.25
Non earnings #JadeLizards – A little bounce this week letting me out…
Bought to Close SPLK SEP 13 2019 116.0/124.0/127.0 Jade Lizard @ 3.00 (sold for 3.25)
#Earnings #JadeLizards – I only allow myself one of these high dollar stocks at a time in this account but with my ISRG lizard being blown out to the upside (465/495/500) it’s pretty safe so taking a shot with ULTA.
Sold ULTA AUG 30 2019 315.0/345.0/350.0 Jade Lizard @ 5.76
Put side at the expected move and just under the 200ma…
#JadeLizards #CoveredCalls – Sometimes I wish our fearless leader would put down the twitter machine for awhile. The timing of the tweet earlier cost me at least 2 grand on these positions. It really is a strange world we trade in these days. Booking and rolling…
Bought to Close ISRG AUG 23 2019 495.0/500.0/505.0 Jade Lizard @ 7.90 (sold for 11.95)
Rolled TNA AUG 23 2019 52.0 Calls to AUG 30 2019 53.5 Calls @ .10 credit
Non-earnings #JadeLizards – Good premium so giving it a short term shot…
Sold SPLK SEP 13 2019 116.0/124.0/127.0 Jade Lizard @ 3.25
#Earnings #JadeLizards – Taking this off on the bounce for a small gain. Great premium so looking to re-establish a non-earnings Jade lizard now…
Bought to Close SPLK AUG 23 2019 122.0/131.0/134.0 Jade Lizard @ 2.60 (sold for 3.31)
#Earnings #JadeLizards – Got rid of NVDA earlier today so looking for a replacement…
Sold SPLK AUG 23 2019 122.0/131.0/134.0 Jade Lizard @ 3.31
No upside risk with put sale just inside the expected move but right at the 200ma. Breakeven below that…
#JadeLizards – Played this over earnings out to September hoping for a down move since all the “expert” talking heads were saying how bad things were going to be. So, of course, stock is up 18 percent since the announcement. 🙂 🙂
Taking my small gain and heading on down the road…
Bought to Close NVDA SEP 20 2019 135.0/150.0/155.0 Jade Lizard @ 4.63 (sold for 6.00)
#JadeLizards – Still playing with a non-earnings Jade Lizard. Was hoping for a 500 pin today but not looking likely. Rolling the whole thing out a week (put side 5 points lower).
Rolled AUG 16 2019 500.0/500.0/505.0 Jade Lizard to AUG 23 495.0/500.0/5o5.0 @ 4.25 credit (11.95 total now)
#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
#JadeLizards – Rolling call spread down to the short put strike for additional premium. Still no upside risk but won’t make as much on a rally.
Rolled ISRG AUG 16 2019 535.0/540.0 BeCS to ISRG AUG 16 2019 500.0/505.0 BeCS @ 1.78 credit.
Total premium received now is up to 7.70. Make 2.70 on a big rally or receive stock at a basis of 492.30
#Earnings #JadeLizards – With the little pullback and spike in volatility taking a shot at tomorrow.
Sold SQ AUG 2 2019 76.0/83.0/84.0 Jade Lizards @ 1.31
#Earnings #JadeLizards – Another earnings announcement and another blowout to the upside. Thanks to the Lizard it still made a little cash.
Bought to Close AAPL AUG 16 2019 195.0/212.5/215.0 Jade Lizard @ 1.87 (sold for 2.51)
Order in to close the put side for .01
#Earnings #JadeLizards – I feel like I’ve gotta play this just for the excitement aspect…LOL. I like @matt0311 ‘s idea which is similar to how I’ve played most of these earnings lizards. Selling call spread at the money and giving the put side room outside the expected move. In this case I’m also adding the junk long put in case this thing absolutely implodes. I’m also short some ITM call spreads so I wouldn’t hate a test of my put here.
Sold BYND AUG 2 2019 140/170/225/227.5 Jade Lizard (skewed iron condor?) @ 3.16
#Earnings #JadeLizards – Everything seems so overbought I’m having trouble finding anything for tomorrow. XLNX is one of the cheaper ones though with pretty good premium. Playing it like all the others…to the downside with no upside risk.
Sold XLNX JUL 26 2019 121/129/132 Jade Lizards @ 3.03
This would get the stock below the 100ma and just above the 50ma and require a move down of 30 percent more than expected.
EDIT…not very much but still a 1.25% divvy yield at 118. Could probably easily triple that with covered call sales.
#JadeLizards #Earnings – Gave it a shot. Made a few bucks. See ya next quarter. I will not be spending the 10 dollars on burritos!
Bought to Close CMG JUL 26 2019 600/660/720/725 modified Jade Lizard @ 4.81 (sold for 4.91)
#JadeLizards #Earnings – Playing this the same way I played ULTA using the modified #JadeLizard (unbalanced skewed iron condor?) with some downside protection and little to no upside risk.
Sold 1 CMG JUL 26 2019 600/660/720/725 @ 4.91
Playing this to the downside with only 9 cents of upside risk. What do I need? Needing a decent down move below 720 while staying above 660. Spent a little extra for a 600 strike disaster put since you just never know. The expected move (45 points) to the downside would be perfect!
#JadeLizards – I’m really liking these Lizards. Safer than playing the typical tastytrade strangles. Seems like I always used to get in trouble to the upside so this eliminates that risk while still bringing in nice premium. Just have to make sure you can take the stock or roll the short put if needed.
Trying another one that’s not an #Earnings play. Put is below nice support below the 200, 100, and 50 day moving averages and outside the expected move.
Sold ISRG AUG 16 2019 500.0/535.0/540.0 Jade Lizard @ 5.93
#Earnings #JadeLizards – Nothing goes down anymore but still worked out ok. A small gain on SKX and decent gain on ISRG thanks to legging in even though I had to chase it to get out.
Bought to Close SKX JUL 19 2019 31.0/35.0/36.0 Jade Lizards @ .98 (sold for 1.20)
Bought to Close ISRG JUL 19 2019 505.0/530.0/540.0 Jade Lizard @ 6.14 (sold for 10.25)
#Earnings #JadeLizards – Playing this slightly to the downside with breakeven below the 50ma and just above the 200ma and slightly outside the expected move. No upside risk if it does breakout higher…
Sold SKX JUL 19 2019 31.0/35.0/36.0 Jade Lizards @ 1.20
#Earnings #JadeLizards – Legging into the Lizard on the bounce…
Sold ISRG JUL 19 2019 530.0/540.0 Bear Call Spread @ 3.55
Position is now Friday’s 505.0/530.0/540.0 Jade Lizard @ 10.25
No upside risk and downside breakeven is 10 dollars below the 50ma and 5 dollars outside the expected move…but…could go anywhere. Earnings after the close tomorrow.
#Earnings #JadeLizards – A little bounce is letting me out for a decent profit.
Bought to Close AVGO JUN 14 2019 265/280/285 Jade Lizard @ 2.80 (sold for 5.10)
Closed the put side and letting call side expire…