#LongCalls #LEAPS – Booking these extra sales just in case the rally holds…
Bought to Close AMAT DEC 14 2018 37.0/42.0 Bear Call Spreads @ .08 (sold for .46)
Tag Archives: LongCalls
OLED TNA UNG
#LongCalls #LongPuts #LEAPS #CoveredCalls – Out most of the day but got a few trades in…
OLED: Adding…
Sold OLED DEC 21 2018 104.0 Calls @ 1.05
TNA: Covered calls…
Bought to Close TNA DEC 14 2018 65.0 Calls @ .05 (sold for 2.36)
Sold TNA JAN 18 2019 60.0 Calls @ 2.15
UNG:Sold against long puts…
Bought to Close UNG DEC 14 2018 31.5 Puts @ .05 (sold for .41)
AMAT DUST WTW WYNN
#LongCalls #LongPuts #LEAPS – A few rolls and new sales…
AMAT: Giving it some room. Close to being out of this one so being careful.
Sold AMAT JAN 18 2019 39.0/44.0 Bear Call Spreads @ .31
DUST: Rolling a couple puts down sold against more long puts
Rolled DUST DEC 14 2018 34.0 Put to JAN 4 2019 33.0 Put @ .02 credit
Rolled DUST DEC 14 2018 33.0 Put to JAN 4 2019 32.0 Put @ .17 credit
WTW:
Bought to Close WTW DEC 7 2018 50.0 Calls @ .05 (sold for 1.95)
Sold WTW DEC 14 2018 49.5 Calls @ 1.15
WYNN:
Bought to Close WYNN DEC 7 2018 115.0 Calls @ .03 (sold for 1.13)
Sold WYNN DEC 21 2018 120.0 Calls @ 1.16
SMH
#LongCalls #LEAPS – Surprisingly this ticker isn’t getting killed too bad today (yet)…
Bought to Close SMH DEC 7 2018 98.0 Calls @ .05 (sold for .85)
Sold SMH DEC 14 2018 95.0 Calls @ .82
TNA TQQQ
#LongCalls #LEAPS – Another round…let’s see if the market can get back to these.
TNA:
Bought to Close TNA DEC 7 2018 67.5 Calls @ .05 (sold for .92)
Sold TNA DEC 21 2018 66.5 Calls @ .81
TQQQ:
Bought to Close TQQQ DEC 7 2018 55.5 Calls @ .05 (sold for .45 after paying a debit roll)
Sold TQQQ DEC 21 2018 54.0 Calls @ .85
RTN
#LongCalls #LEAPS – Bought to Close RTN DEC 14 2018 185.0 Calls @ .05 (sold for .86)
EWW
#LongCalls #LEAPS – Over sales so getting out of the way…
Bought to Close EWW DEC 14 2018 44.0 Calls @ .30 (sold for .48)
GLD
#LongCalls #LEAPS – Over sales so getting out of the way…
Bought to Close GLD DEC 14 2018 120.0 Calls @ .14 (sold for .46)
TQQQ
#LongCalls #LEAPS – Lots of time left on this one so taking the small loss since it’s getting a little DITM and sold below the LEAPS.
Bought to Close TQQQ NOV 30 2018 47.0 Calls @ 2.90 (sold for 2.50)
TNA
#LongCalls #LEAPS – Just in case this rally has any follow through tomorrow I’m getting out of the way with a decent weekly profit. Looking to re-load higher at some point.
Bought to Close TNA NOV 30 2018 63.0 Calls @ 1.01 (sold for 2.45)
XBI
#LongCalls #LEAPS – Sold XBI DEC 21 2018 85.0/95.0 Bear Call Spreads @ .63
RTN
#LongCalls #LEAPS – Glad I sold all those new positions yesterday…LOL
Bought to Close RTN DEC 7 2018 187.5/197.5 Bear Call Spreads @ .08 (sold for .70)
MO
#LongCalls #LEAPS – Can’t resist this one. I’ll take a shot for 4 cents a week. Half size to begin with…
Bought to Open MO JAN 15 2021 55.0 Calls @ 4.75
Sold MO DEC 14 2018 55.0 Calls @ .54
RTN
#LongCalls #LEAPS – Already up nicely on the earlier sale and some other spreads. Adding again with stops on the others. Basing these sales on resistance and the expected move.
Sold RTN DEC 21 2018 185.0/195.0 Bear Call Spreads @ .73
AZO
#LongCalls #LEAPS – Trade repair I entered on May 25th as a 1×1 LEAP position. Long up 135 points but blocked by weekly. Rolling the weekly out to earnings but not up. Taking the max downside protection in case May 22nd or Oct 17th repeats itself. Sweet spot would be a selloff to my short call strike. (an Oct 17th repeat! LOL)
Rolled AZO NOV 30 2018 742.5 Call to DEC 7 2018 742.5 Call @ 5.18 credit (great fill with my 4.25 offer 🙂 🙂 )
RTN
#LongCalls #LEAPS – This is one I’ve decided not to take out to 2021. Pretty boring so gradually covering the 2020 position.
Bought to Close RTN NOV 30 2018 187.5/197.5 Bear Call Spreads @ .04 (sold for 1.08)
Sold RTN DEC 14 2018 185.0 Calls @ .86
EWW
#LongCalls #LEAPS – These were oversales so closing a little more aggressively…
Bought to Close EWW NOV 30 2018 43.5 Calls @ .03 (sold for .38)
EWW
#LongCalls #LEAPS – Booking and selling a little more and while this thing is in the crapper I’ll pay a buck for another year of selling…
Bought to Close EWW NOV 30 2018 44.0 Calls @ .02 (sold for .40)
Sold EWW DEC 21 2018 43.5 Calls @ .40
Rolled EWW JAN 17 2020 49.0 Calls to EWW JAN 15 2021 49.0 Calls @ 1.10 debit
EWW
#LongCalls #LEAPS – Slight oversale against the LEAPS with alerts and stops set on the next week’s.
Sold EWW DEC 14 2018 44.0 Calls @ .48
TNA
#LongCalls #LEAPS – Just a small 3 lot that I haven’t added to yet. Rolling down next week’s short calls for a little extra credit. I’m using overhead resistance and the expected move to pick these strikes. Staying prior to the G20 also.
Rolled TNA NOV 30 2018 66.0 Calls to NOV 30 2018 63.0 Calls @ .46 credit (second roll…2.48 total credit now)
Basis’ on both of these positions (TQQQ and TNA) have already been reduced by over 25 percent on 2021 positions 🙂 🙂
TQQQ
#LongCalls #LEAPS – Just a small 3 lot that I haven’t added to yet. Rolling down next week’s short calls for a little extra credit…
Rolled TQQQ NOV 30 2018 52.5 Calls to NOV 30 2018 47.0 Calls @ .77 credit (second roll…2.52 credit total now)
OLED TQQQ LABU-LABD
#LongCalls #LongPuts #LEAPS #CoveredCalls – Was out nearly all day but had a couple fills from standing orders and the beginning of another experiment 🙂
OLED:
Bought to Close OLED NOV 23 2018 98.0 Calls @ .05 (sold for .65)
TQQQ:
Bought to Close TQQQ NOV 30 2018 55.0 Calls @ .05 (sold for 1.19) re-load tomorrow hopefully…
Risk reduction on one contract taking the small loss…
Bought to Close TQQQ JAN 18 2019 40.0 Put @ 3.50 (sold for 2.50)
LABU/LABD
One of my most frustrating positions so going to try something. Converting the LABU long LEAP calls to long LEAP puts on LABD. The built in drag should help this and the call side was approaching massive whipsaw risk with sales so far below the LEAPS. New position is out to 2020 instead of 2021. Collect as much premium as I can between now and then and then see where it stands.
To establish the new position, I sold the calls and bought whatever puts were the same price and just rolled the basis to the new position. Long 25 strike puts now so will be selling above those but not nearly the whipsaw risk that the call side had.
Long story short…about 30 cents a week on a 5 lot is the goal. Hopefully can get most of that.
EWW
#LongCalls #LEAPS – Nice to see some of these over sales coming in…
Bought to Close EWW NOV 23 2018 45.0 Calls @ .04 (sold for .31)
EWW
#LongCalls #LEAPS – Late fill yesterday….
Bought to Close EWW NOV 16 2018 45.0 Calls @ .01 (sold for .41)
LABU RTN SMH TQQQ WTW
#LongCalls #LEAPS – A few adjustments to bring in a little more (hopefully safely)….
LABU:
Rolled LABU DEC 7 2018 65.0 Calls to DEC 7 2018 55.0 Calls @ .61 credit
RTN: Replacing this week’s expiration.
Sold RTN NOV 30 2018 187.5/197.5 Bear Call Spreads @ 1.08
SMH:
Bought to Close SMH NOV 16 2018 98.5 Calls @ .05 (sold for .49)
Sold SMH NOV 23 2018 97.0 Calls @ .60
TQQQ:
Rolled TQQQ NOV 30 2018 57.5 Calls to TQQQ NOV 30 2018 52.5 Calls @ .73 credit
WTW: Double selling with stops on previous sales.
Sold WTW NOV 30 2018 52.0 Calls @ .70
EWW
#LongCalls #LEAPS – Triple selling these. Stops on previous two sales…
Sold EWW NOV 30 2018 43.5 Calls @ .38
XBI
#LongCalls #LEAPS – These only need 50 bucks a week so staying careful with spreads…
Sold XBI DEC 7 2018 84.0/89.0 Bear Call Spreads @ .61
SMH
#LongCalls #LEAPS – Got out of half of this week’s so I can get the next sale going on the bounce. Still sitting on my nickel for the rest…
Bought to Close SMH NOV 16 2018 100.0 Calls @ .04 (sold for .58)
Sold SMH NOV 23 2018 97.0 Calls @ .45
WYNN
#LongCalls #LEAPS – I’m finding another advantage of going out in time as far as possible. There’s no need to get super aggressive with weekly sales. Still very easy to cover cost by selling about 30 days out leaving plenty of room for whipsaw. Here’s my WYNN example:
Bought to Close WYNN NOV 9 2018 115.0 Calls @ .05 (sold for 1.32)
This reduces the basis on the 130 strike LEAPS to 23.05
With 26 months to go that only requires .87 per month to cover the cost so:
Sold WYNN DEC 7 2018 115.0 Calls @ 1.13
Expected move on the Dec 7th expiration is about 12 dollars so even though selling below the LEAPS, it’s still outside the expected move and well above the .87 required.
WTW
#CoveredCalls #LongCalls #LEAPS – Not getting much of a bounce so converting the stock into a LEAPS position out to 2021. Rolling the stock loss into the basis of the LEAPS. Frees up a lot of cash and takes risk off.
Sold WTW Stock @ 48.46
Bought to Close WTW NOV 9 2018 51.0 Calls @ .55 (sold for 1.15)
Exited the position with the stock at a basis of 57.61 and added a couple extra LEAPS (300 stock vs 5 LEAPS now)
Bought to Open WTW JAN 15 2021 50.0 Calls @ 15.00
Sold WTW DEC 7 2018 55.0 Calls @ 1.00
Factoring in the stock loss the new LEAPS basis will be 20.50. I’ll sell the calls about every 30 days to give it some recovery room. Still only need about 75 cents every 30 days. Goal is to get out at even unless it really gets on a run.
BABA
#LongCalls #LEAPS – Got through earnings with close to the number I wanted. Booking a fairly quick one here so I can concentrate on moving away from individual stocks in these types of plays. Like the ETFs better for long term trading. Fifth time being in and out of BABA this year…
Sold to Close BABA JAN 15 2021 150.0 Calls
Bought to Close BABA NOV 2 2018 150.0 Calls
All said and done it’s a 2.24 winner in a big ‘ol 2 lot. 🙂
EWW
#LongCalls #LEAPS – Booking the over write for safety…
Bought to Close EWW NOV 9 2018 48.0 Calls @ .02 (sold for .37)
AMAT
#LongCalls #LEAPS – Earnings date is finally confirmed. I’m glad they drug their feet on it since I left it unhedged while waiting. Now I know what a blind squirrel feels like!
🙂
TQQQ
#LongCalls #LEAPS – I had over written these also so taking the loss here and reducing upside risk. I’ll take the loss out of my Nov 9th sale. Still ahead on premium and 60 strike out to 2021 looks pretty good.
Bought to Close TQQQ NOV 16 2018 55.0/60.0 Bear Call Spreads @ 1.75 (sold for .77)
RTN
#LongCalls #LEAPS – I had triple written these spreads so taking whipsaw risk off since it’s bouncing a little.
Bought to Close RTN NOV 2 2018 195.0/205.0 Bear Call Spreads @ .03 (sold for .60)
Bought to Close RTN NOV 9 2018 190.0/200.0 Bear Call Spreads @ .25 (sold for .50)
XBI
#LongCalls #LEAPS – Last one today. Hauling a load of Vegas winners back to Miami today…LOL
Sold XBI NOV 16 2018 85.0/90.0 Bear Call Spreads @ .48
Stay green!
EWZ RTN TLT TQQQ
#LongCalls #LongPuts #LEAPS – Summary of a busy morning. Leaving before the close so getting done early.
EWZ: Trying to get my .36 loss back from the closed position yesterday. Stand alone trade out of spite…LOL
Sold EWZ NOV 16 2018 37.0/35.0 Bull Put Spreads @ .26
RTN: Bunch of call spreads nearly worthless so adding another. Just going for slightly more than required breakeven.
Sold RTN NOV 16 2018 185.0/195.0 Bear Call Spreads @ .32
TLT: Adding to the #PerpetualRollingStrangles position. Stop set on last batch.
Sold TLT NOV 23 2018 117.0 Calls @ .34
TQQQ:
Sold TQQQ NOV 16 2018 55.0/60.0 Bear Call Spreads @ .77 credit
DG
#LongCalls #LEAPS – Another long running position that was sort of a trade repair. When I rolled the LEAPS to 2021 I also cut the size in half figuring I’d have plenty of time to make up the difference. The stock has held up great and with a few weekly sales I’m able to make an adjustment and bring a ton of cash back into the account. Closing the LEAPS at breakeven and rolling the slightly ITM calls into strangles.
Sold to Close DG JAN 15 2021 110.0 Calls
Rolled DG NOV 2 2018 108.0 Calls to NOV 16 2018 107.0/113.0 Strangles @ .15 credit.
This was the plan all along with the reduction in size of the roll to 2021. If I could get the LEAPS to even then the size would be small enough I could strangle the weekly calls if needed.
Once the strangles go away (hopefully) the overall thing will be a small net winner. A lot of hassle but was a sizable loser at the beginning.
🙂 🙂
AMAT AMBA EWW EWZ LABU PYPL UVXY
#LongCalls #LongPuts #LEAPS – Was out most of the day but did get in just in time to get a few sales off. Morning would’ve been better but the volatility is helping premium across the board so still sold a little. Biggest change is closing a couple of the long term positions that were near breakeven (AMBA and EWZ) and moving some of that cash to UVXY and possibly adding to TNA and TQQQ.
AMAT: Waiting for earnings date confirmation before selling anymore.
Bought to Close AMAT NOV 2 2018 36.0 Calls @ .02 (sold for .38)
AMBA: Closed for small loss. Happy with it since stock moved against me from day one. Another 2020 position closed and looking to add to some 2021’s that are beaten down.
Bought to Close AMBA NOV 2 2018 38.0 Calls
Bought to Close AMBA NOV 9 2018 36.0 Calls
Sold to Close AMBA JAN 17 2020 50.0 Calls
Net loss of .21 on a 10 lot…
EWW: Overlapping sales since this week’s 48’s look safe.
Sold EWW NOV 16 2018 45.0 Calls @ .41
EWZ: Closing it on the bounce to free up cash to add to UVXY. Small loss but a successful long term repair trade.
Bought to Close EWZ NOV 9 2018 35.5 Calls (ratio’d)
Sold to Close EWZ JAN 15 2021 40.0 Calls
Net loss of .36 on a 10 lot…
LABU: Selling spreads very cautiously down here. Short next week’s 70/80 also.
Sold LABU NOV 16 2018 65.0/75.0 Bear Call Spreads @ .50
PYPL:
Bought to Close PYPL NOV 2 2018 89.0 Calls @ .05 (sold for .60)
Sold PYPL NOV 9 2018 86.0 Calls @ .54
UVXY: Added to the long LEAP puts and sold puts against them. Still short a few calls as well.
Bought to Open UVXY JAN 15 2021 50.0 Puts @ 26.75
Sold UVXY NOV 9 2018 56.0 Puts @ 1.25
BABA
#LongCalls #LEAPS – Earnings next week…
Bought to Close BABA OCT 26 2018 150.0 Calls @ .01 (sold for 2.20)
Sold BABA NOV 2 2018 150.0 Calls @ 2.02
EWZ
#LongCalls #LEAPS – Filled on this just in time this morning leaving a 4×10 ratio’d position. Whiz says EWZ is going up big…LOL!
Bought to Close EWZ OCT 26 2018 40.0 Calls @ .05 (sold for .63)
TQQQ
#LongCalls #LEAPS – This is a pretty new position so I’ve been selling aggressively and non-ratio’d so that’s really helped to get off to a decent start. Letting the leash out a little on the next sale.
Bought to Close TQQQ OCT 26 2018 60.0 Calls @ .05 (sold for 1.82)
Sold TQQQ NOV 9 2018 57.5 Calls @ 1.05 (come and get those Mr. Market!)
TNA
#LongCalls #LEAPS – This is a pretty new position so I’ve been selling aggressively and non-ratio’d so that’s really helped to get off to a decent start. Letting the leash out a little on the next sale.
Bought to Close TNA OCT 26 2018 70.0 Calls @ .05 (sold for 1.97)
Sold TNA NOV 9 2018 67.0 Calls @ 1.10 (come and get those Mr. Market!)
RTN
#LongCalls #LEAPS – Earnings tomorrow so clearing the decks for a fresh sale.
Bought to Close RTN NOV 2 2018 202.5 Calls @ .15 (sold for .70 yesterday)
Going out an extra week:
Sold RTN NOV 2 2018 195.0/205.0 Bear Call Spreads @ .60
LABU
#LongCalls #LEAPS – Very conservative here…
Bought to Close LABU NOV 9 2018 90.0 Calls @ .08 (sold for 1.73)
Sold LABU NOV 9 2018 70.0/80.0 Bear Call Spreads @ .30
LABU OLED RTN SMH XBI UVXY
#LongCalls #LEAPS – Another day of LEAPS getting hit but weeklies doing their jobs. On the bright side after sitting down last night and looking at these types of trades with a fine tooth comb, a majority of the 2021 positions only require .05 to .15 per week to cover. It’s a long haul so just trying to avoid whipsaws now. Weekly safe spreads bringing in just 20 cents or so and letting them expire is the plan for the future until a recovery happens.
LABU: Added final long LEAP purchase to average down. Way underwater but still doable.
Bought to Open LABU JAN 15 2021 110.0 Call @ 8.00
OLED: Earnings next week so nice to get rid of these to sell again.
Bought to Close OLED OCT 26 2018 117.0 Call @ .05 (sold for 1.20)
Bought to Close OLED OCT 26 2018 120.0 Call @ .05 (sold for 1.20)
RTN: Earnings tomorrow. I’ll be selling something later today.
Bought to Close RTN OCT 26 2018 205.0 Calls @ .05 (sold for 2.05)
SMH: Double dip in this expiry…
Bought to Close SMH NOV 9 2018 106.0 Calls @ .05 (sold for .97)
Sold SMH NOV 9 2018 99.0 Calls @ .35
XBI:
Bought to Close XBI NOV 2 2018 89.0 Calls @ .05 (sold for .76)
UVXY:
Big post coming later on my big change in strateegery for trading this symbol. It changed so I am too. Hoping for more potential profit with less buying power used and less volatility within the position.
WYNN
#LongCalls #LEAPS – This is a sale in the estimated earnings week but with WYNN you never know until the day of sometimes. Giving it a lot of room.
Sold WYNN NOV 9 2018 115.0 Calls @ 1.32
EWW GLD LABU OLED RTN SMH XBI
#LongCalls #LEAPS – A few buys a few sells and another 2021 roll on a beaten down name.
EWW:
Bought to Close EWW OCT 26 2018 48.5 Calls @ .02 (sold for .32)
Sold EWW NOV 9 2018 48.0 Calls @ .37
GLD: Ratio’d and rolling to give it some room…
Rolled GLD NOV 9 2018 115.0 Calls to DEC 21 2018 117.0 Calls @ .25 debit
LABU: Rolled LEAPS to 2021 and booked a weekly. No new sales yet.
Rolled LABU JAN 17 2020 110.0 Calls to JAN 15 2021 110.0 Calls @ 3.95 debit
Bought to Close LABU OCT 26 2018 70.0 Calls @ .05 (sold for 1.31)
OLED: Earnings sale leaving a lot of room to adjust prior to the announcement
Sold OLED NOV 2 2018 125.0 Calls @ 1.50
RTN: Selling half the week after earnings and waiting on the rest.
Sold RTN NOV 2 2018 202.5 Calls @ .70
SMH:
Bought to Close SMH OCT 26 2018 101.0 Calls @ .03 (sold for .65)
Sold SMH NOV 16 2018 100.0 Calls @ .58
XBI:
Bought to Close XBI NOV 9 2018 94.0 Calls @ .05 (sold for 1.14)
Sold XBI NOV 9 2018 87.0 Calls @ .65
XBI
#LongCalls #LEAPS – With biotech in the dumpster any 2020 positions I don’t mind keeping are in a perfect position to roll to 2021 for minimal cost.
Rolled XBI JAN 17 2020 97.0 Calls to JAN 15 2021 97.0 Calls @ 3.70 debit
AMBA
#LongCalls #LEAPS – Nice start to the week…
Bought to Close AMBA OCT 26 2018 39.5 Calls @ .05 (sold for .55)
Sold AMBA NOV 9 2018 36.0 Calls @ .62
Added to SPY
#LongCalls Bought $SPY Nov 16th 284 calls for 1.25, adding to my position.
LABU OLED XBI
#LongCalls #LEAPS #BullPutSpreads – Weeklies against various positions. Missed this morning where these could’ve all done better but taking what I can get.
LABU:
Bought to Close LABU NOV 2 2018 95.0 Calls @ .05 (sold for 1.35)
Sold LABU OCT 26 2018 70.0 Calls @ 1.31
OLED:
Bought to Close OLED OCT 26 2018 130.0 Call @ .10 (sold for 1.30)
Sold OLED OCT 26 2018 117.0 Call @ 1.20
XBI:
Bought to Close XBI NOV 2 2018 95.0 Calls @ .05 (sold for 1.10)
Sold XBI NOV 2 2018 89.0 Calls @ .76
TNA
#LongCalls #LEAPS – I’ll be out all day tomorrow so have to take care of some of this earlier than I wanted to. But….this was still a fat finger trade on the buy. 😦 😦
Bought to Close TNA OCT 19 2018 70.0 Calls @ .63 (sold for 1.68)
Sold TNA OCT 26 2018 70.0 Calls @ 1.97
WYNN
#LongCalls #LEAPS – I’ll wait for a confirmation of the earnings date before the next sale…
Bought to Close WYNN OCT 19 2018 123.0 Calls @ .05 (sold for 1.07)
Getting SQ
#LongLEAPs #LongCalls
Bought to open $SQ Jan 2020 110 calls for 7.90, adding to the position I started yesterday.
Will wait to sell short term calls on rallies.
BABA
#LongCalls #LEAPS – Going back in for the 5th time. Been good to me so far. With earnings approaching I may be able to cover nearly 20 percent of the cost in the first two weeks. 40 percent starter size. Same as always…non ratio to start out and will roll at zero deltas. Zero deltas a second time I’ll be looking to book the quickie.
Bought BABA JAN 15 2021 150.0 Calls @ 33.25
Sold BABA OCT 26 2018 150.0 Calls @ 2.20
AMAT
#LongCalls #LEAPS – I sold this one but forgot about possible earnings. This company is pretty reliable with their dates so taking this one off and will re-sell after they announce the date.
Bought to Close AMAT NOV 16 2018 37.0 Calls @ .55 (sold for .54)
PYPL
#LongCalls #LEAPS – This one was sold in earnings week. The big drop is letting me out so taking it off with partial profit. I’ll look to possibly sell again prior to the announcement.
Bought to Close PYPL OCT 19 2018 85.0 Calls @ .32 (sold for .72)
Fat fingers
#LongCalls Meant to enter a trade to buy more at 1.35. But I entered “sell” instead, so was filled at the market price. Good thing SPY bid/ask is so tight..
STC $SPY Nov 16th 285 calls for 1.80. Bought for 2.71 yesterday.
To avoid day-trade issue on my smallest account, I moved down a strike.
BTO $SPY Nov 16th 284 calls for 2.15. Adding more if we flush down further today.
SMH
#LongCalls #LEAPS – Sold SMH OCT 26 2018 101.0 Calls @ .65
AMAT
#LongCalls #LEAPS – Boring but continuing to chip away at it…
Bought to Close AMAT NOV 2 2018 40.0 Calls @ .05 (sold for .53)
Sold AMAT NOV 2 2018 36.0 Calls @ .40
Sold AMAT NOV 16 2018 37.0 Calls @ .54
TNA TQQQ
#LongCalls #LEAPS – This is probably as good a time as any to take starter positions in these. I think I can recover a good chunk of the cost selling down here while the chart recovers. Hopefully a grind around below resistance for a few weeks. LEAPS out to 2021 so these should be good in the long run.
Bought TNA JAN 15 2021 70.0 Calls @ 18.25
Sold TNA OCT 19 2018 70.0 Calls @ 1.68
Bought TQQQ JAN 15 2021 60.0 Calls @ 19.00
Sold TQQQ OCT 26 2018 60.0 Calls @ 1.70
AMAT DG DUST OLED PYPL SMH TLT UVXY
#LongCalls #LongPuts #LEAPS #VXXGame – In and out all day but manged to squeeze in a few trades….
AMAT: Added last of the long LEAPS reducing basis.
Bought to Close AMAT OCT 26 2018 41.0 Calls @ .02 (sold for .43)
Bought AMAT JAN 17 2020 50.0 Calls @ 1.15
DG:
Bought to Close DG OCT 19 2018 112.0 Calls @ .05 (sold for .65)
Sold DG NOV 2 2018 108.0 Calls @ .85
DUST: Nice drop today. Luckily ratio’d at 2×7. Rolling the short puts down and out. Long puts working nicely.
Rolled DUST OCT 12 2018 37.0 Put to DUST NOV 16 2018 35.0 Put @ even
OLED:
Sold OLED OCT 26 2018 120.0 Call @ 1.20
PYPL:
Sold PYPL OCT 26 2018 82.0 Calls @ .94
SMH:
Bought to Close SMH OCT 26 2018 108.0 Calls @ .06 (sold for .95)
TLT: Getting out of the way a little with my triple size position. One winner one loser with a net winner.
Bought to Close TLT NOV 2 2018 118.0 Calls @ .15 (sold for .44) .29 gain
Bought to Close TLT NOV 9 2018 116.5 Calls @ .64(sold for .47) .17 loss
UVXY: Haven’t sold these naked very often since Aug 2015 🙂 Sometimes it’s too good to pass up.
Sold UVXY DEC 21 2018 95.0 Call @ 8.25
SPY long
#LongCalls Bought to open $SPY Nov 16th 285 calls for 2.71. This is grounded in the belief we’ll be reaching for new highs by the end of October. Pretty cheap play that will be a double if we get back to 2900 on SPX.
PYPL
#LongCalls #LEAPS – Earnings next week. Would like a bounce of some sort to sell more there.
Bought to Close PYPL OCT 19 2018 92.0 Calls @ .05 (sold for .62)
BA Bull Call / ARNC Bull Put / SOXL Put
#longcalls
$BA BTO 11/23 385/395 BUCS at 4.62
#shortputs
$ARNC STO 11/16 19/24 BUPS at 1.75
$SOXL STO 12/21 90 put at 3.51 Thank you @fuzzballl
XBI
#LongCalls #LEAPS – Adding another long scaling in to reduce basis…
Bought XBI JAN 17 2020 97.0 Call @ 7.40
First buy was at 11.25 and added a couple times since then. Along with weekly sales basis is already down to 8.23 in one month…
PYPL
#LongCalls #LEAPS – Closed and sold new…
Bought to Close PYPL OCT 12 2018 85.0 Calls @ .03 (sold for .51)
Sold PYPL OCT 19 2018 85.0 Calls @ .65
LABU
#LongCalls #LEAPS – Let’s see if she can bounce….selling at the expected move.
Sold LABU NOV 9 2018 90.0 Call @ 1.70
Sold LABU NOV 9 2018 90.0 Call @ 1.75
AMBA
#LongCalls #LEAPS – Plugging away…
Bought to Close AMBA OCT 12 2018 38.5 Calls @ .05 (sold for .60)
Sold AMBA NOV 2 2018 38.0 Calls @ .50
Basis now reduced from 7.45 to 3.38 on a 2020 LEAPS position…
PYPL
#LongCalls #LEAPS – Weekly hedges just about out of juice and earnings next week. I’d prefer a bounce before selling anything but just in case throwing on a 30 percent size sale for next week anyway. I’ll add a little more if we get a bounce into the announcement.
Sold PYPL OCT 19 2018 85.0 Calls @ .77
AZO EWZ GLD OLED SMH WYNN XBI
#LongCalls #LEAPS – Overall a crummy day but the volatility is making rolling easier. Booked a couple of winners as well. Keeping all new sales prior to any earnings…
AZO:
Rolled AZO OCT 19 2018 720.0 Call to NOV 2 2018 722.5 Call @ .20 credit
EWZ:
Rolled EWZ OCT 26 2018 35.0 Calls to NOV 9 2018 35.5 Calls @ .02 credit
GLD:
Adding with stops set on nearly worthless current weekly sales.
Sold GLD NOV 9 2018 115.0 Calls @ .58
OLED:
Adding…selling against longer tern bull put spreads.
Sold OLED OCT 26 2018 130.0 Call @ 1.30
SMH:
Bought to Close SMH OCT 12 2018 108.0 Calls @ .02 (sold for .85)
Sold SMH NOV 9 2018 106.0 Calls @ .97
WYNN:
Bought to Close WYNN OCT 12 2018 130.0 Calls @ .05 (sold for 1.48)
Sold WYNN OCT 19 2018 123.0 Calls @ 1.07
XBI:
Sold XBI NOV 9 2018 94.0 Calls @ 1.14
Trades
#spxcampaign
Closed Early
$SPX BTC 10/12 2985/2860 BECS at .30 STO at 2.06 as IC. BUPS portion still open
#shortputs
$CMG STO 11/16 420/430 BUPS at 3.35
$COST BTC 10/5 225/232.5 BUPS at 5.98 STO at 1.60 Not a good earnings trade
$FB Rolled 10/5 160/180 BUPS to 11/16 160/180 BUPS for 5.43 debit. Second roll. Trade now guaranteed to lose money, but overall loss can be attenuated if FB gets a smile on its face.
#longcalls
$AMZN 10/19 1880/1890 BUCS at 7.10 Thanks @jeffcp66 Earnings coming up. Thesis is a positive run.
MU expires
#LongCalls My shot at a long trade didn’t pan out. This is why I never used to buy options; too hard to determine when to close. Could have taken only a small loss had I sold at the right times Monday, Tuesday, or Wednesday! How many times does the market have to tell me before I’ll make the move?
Expired: $MU Oct 5th 45 long calls, bought for 2.02 on Sep 14th.
PYPL
#LongCalls #LEAPS – Double selling the weeklies here also. Stops set on previous positions at 50-75 percent of max gain. Adding again prior to earnings and selling up in congestion.
Sold PYPL OCT 12 2018 85.0 Calls @ .51
Options Bistro 