VRX

#LongCallDiagonals – This is a low risk and possible high reward shot. Using the Whiz long call diagonal with protective put strategy. Low out of pocket cost and should recover all of it pretty early in the trade. Buying LEAP calls and selling narrow LEAP bull put spreads to reduce initial cost. Then, selling front month calls against the position similat to AMZN, GOOGL, and JPM trades I’m currently in.

Bought Jan 2019 10 calls and sold Jan 2019 7.5/5.0 bull put spreads @ 4.75 debit.

Still deciding when and where to sell the first batch of front month calls…

JPM

#LongCallDiagonals – In this trade similar to my AMZN and GOOGL trades. Long LEAP calls and selling front month against them. JPM perking up a little so getting out of the way for now. Don’t wanna get caught with front month ITM if she moves higher. Pretty happy already receiving over 5 points in front month premium in a few weeks during it’s little pullback.

Bought to Close JPM MAY 12 2017 87.5 Calls @ .25 (sold for .45)

AMZN adjustment

#LongCallDiagonals – 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

#LongCallDiagonals – 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

#LongCallDiagonals – 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

#LongCallDiagonals – 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

#LongCallDiagonals #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

GOOGL adjustment

#LongCallDiagonals – Taking a little risk off the table with this big up move finally stalling and earnings coming up. Not up as much as the AMZN trade but still up considerably from Nov 15th when the trade started.

Rolled Jan 2019 650 call up to 750 @ 74.08 credit.

AMZN adjustment

#LongCallDiagonals – Taking a little risk off the table with this big up move finally stalling…

Rolled Jan 2019 600 call up to 750 @ 112.0 credit.

AMZN adjustment

#LongCallDiagonals – 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.

JPM

#LongCallDiagonals – Selling next week’s calls against Jan 2019 long position. In an #IRA so have to roll…

Bought to Close JPM APR 7 2017 90.0 Calls @ .03 (sold for .23)
Sold JPM APR 13 2017 89.0 Calls @ .39

JPM

#IRA #LongCallDiagonals – GS worked nicely so getting back in with a long term modified Whiz trade on JPM. Buying a 2019 call and selling a lower 2019 bull put spread against it to help finance the call purchase. Then…selling front month calls against it. Front month calls only need to bring in 20 cents a week to pay for the opening debit. Risk is stock dropping below 2019 bull put spread but with losses limited I’d get the stock at a reasonable price.

Bought JPM Jan 2019 70 calls and sold Jan 2019 60/50 bull put spreads @ 20.05 debit.

Then:

Sold JPM APR 7 2017 90.0 Calls @ .23

GOOGL roll

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

Rolled Mar 3rd 825.0 call to Apr 21st 840.0 @ .85 credit

Picking up 15 points and bringing in a little scratch…

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

AMZN roll

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

Rolled Mar 10th 785.0 call to May 19th 810.0 @ 3.00 debit

Don’t mind spending 3 bucks to pick up 25 points considering the front month calls have brought in 45 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 nicely.

AMZN roll

#LongCallDiagonals – Still easing it up a little at a time…

Rolled this week’s 782.5 call to Mar 10 785.0 @ .15 debit

Taking advantage of the pullback and paying a small debit to pick up 2.5 points in the strike price.

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 roll

#LongCallDiagonals – Still easing it up a little at a time…

Rolled this week’s 820.0 call to Mar 3rd 825.0 @ even

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 roll

#LongCallDiagonals – Still easing it up a little at a time…

Rolled this week’s 817.5 call to Feb 17 820.0 @ .10 credit.

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

AMZN roll

#LongCallDiagonals – Still easing it up a little at a time…

Rolled this week’s 777.5 call to Feb 17 782.5 @ .34 debit

Taking advantage of the pullback and paying a small debit to pick up 5 points in the strike price.

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

SVXY

This was sold originally to help finance the long call of the #LongCallDiagonals . With the adjustment yesterday I don’t really need it anymore so booking a little winner.

Bought to Close SVXY JAN 18 2019 50.0/30.0 Bull put spreads @ 5.80 (sold for 6.80)

GOOGL roll

#LongCallDiagonals – Still easing it up a little at a time…

Rolled this week’s 815.0 call to Feb 10 817.5 @ 1.00 credit.

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

SVXY roll

#LongCallDiagonals – Still easing it up a little at a time…

Rolled Feb 100 to Jun 115 @ .45 credit.

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

AMZN roll

#LongCallDiagonals – Still easing it up a little at a time…

Rolled this week’s 772.5 to next week’s 777.5 @ .61 credit.

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

AMZN roll

#LongCallDiagonals – With earnings moved back a week I’m rolling out but not up. I’ll make the big roll up the following week. Going for premium this time…

Rolled this week’s 772.5 call to next week 772.5 @ 2.70 credit.

GOOGL roll

#LongCallDiagonals – Rolling out and up…

Rolled this week’s GOOGL 802.5 call to Jan 27 815.0 @ 1.50 credit