JPM

Giving it a little room on this #LongCallDiagonal

Sold JPM MAY 26 2017 88.5 Calls @ .45

AMZN adjustment

#LongCallDiagonal – Still fighting the short call but that’s a good thing. Rolling it up and out and reducing basis on long call LEAP (again).

Rolled Oct 20th 850.0 short call to Dec 15th 865.0 call @ .21 credit

And:

Rolled Jan 2019 750.0 long call up to Jan 2019 850.0 call @ 67.00 credit (new basis now 30.50)

This thing has to level off at some point where the rolls can catch up. In the meantime 2019 long call/Bups working nicely.

GOOGL adjustment

#LongCallDiagonal – Still fighting the short call but that’s a good thing. Rolling it up and out and reducing basis on long call LEAP (again).

Rolled Sep 15th 880.0 short call to Dec 15th 900.0 call @ .50 credit

And:

Rolled Jan 2019 750.0 long call up to Jan 2019 850.0 call @ 73.55 credit (new basis now 31.00)

This thing has to level off at some point where the rolls can catch up. In the meantime 2019 long call/Bups working nicely.

GOOGL adjustment

#LongCallDiagonal – Paying a small debit but that’s ok since this short call has accumulated 10.15 in premium so far.

Rolled May 12th 857.5 call to Sep 15th 880.0 call @ .90 debit

This thing has to level off at some point where the rolls can catch up. In the meantime 2019 long call/Bups working nicely.

Looking at rolling the 2019 long call up (again) which would take nearly all the risk out of the trade…

GOOGL adjustment

#LongCallDiagonal – Earnings next week so rolling this thing up to at the money. Paying a small debit but that’s ok since this short call has accumulated 13.00 in premium so far.

Rolled Apr 21st 840.0 call to Apr 28th 855.0 @ .75 debit

This thing has to level off at some point where the rolls can catch up. In the meantime 2019 long call/Bups working nicely.

JPM

#LongCallDiagonal #IRA – Still selling weeklies while she rests…

Bought to Close JPM APR 21 2017 87.0 Calls @ .04 (sold for .47)
Sold JPM APR 28 2017 86.5 Calls @ .45

AMZN adjustment

#LongCallDiagonal – Making some bigger adjustments in these trades…letting the leash out a little with it on a big run…

Rolled May 19th 810.0 call to Oct 20th 850.0 call @ 3.06 debit. Rolling up along the 50ma…

Don’t mind spending 3 bucks to pick up 40 points considering the front month calls have brought in 42 points since the beginning of the trade…

This thing has to level off at some point where the rolls can catch up. In the meantime 2019 long call/Bups working very nicely.