#ShortStrangles #LongCalls #LEAPS – This is a repair trade and some short strangles that’s turning into a longer term position with the decent premium. Earnings not for another 3 weeks…
Bought to Close ADSK MAY 4 2018 129.0 Calls @ .05 (sold for 1.85)
Sold ADSK MAY 11 2018 128.0 Calls @ 1.00
#LongCalls #LEAPS – Same as SMH here…selling at the overhead 200ma. Let’s see if it holds…
Bought to Close FAS MAY 4 2018 65.0 Calls @ .05 (sold for 2.75)
Sold FAS MAY 11 2018 63.0 Calls @ .81
#LongCalls #LEAPS – Selling next week at the overhead 200ma resistance…
Bought to Close SMH MAY 4 2018 100.0 Calls @ .05 (sold for .71)
Sold SMH MAY 11 2018 98.5 Calls @ .84
#LongCalls #LEAPS – Earnings in the morning so going for the double dip. Selling at the expected move.
Bought to Close CELG MAY 4 2018 100.0 Calls @ .02 (sold for .65)
Sold CELG MAY 4 2018 89.5 Calls @ .55
#LongCalls #LEAPS – Selling new batch at the descending 20ma…
Bought to Close LUV MAY 4 2018 54.0 Calls @ .05 (sold for .40)
Sold LUV MAY 18 2018 53.5 Calls @ .60
#LongCalls #LEAPS – Didn’t get a chance to sell these yesterday. Small bounce in the first few minuts allowed a sale next week…
Sold PYPL MAY 11 2018 74.0 Calls @ .68
#LongCalls #LEAPS – Filled 10 seconds before the close. No time for the triple dip but the double dip paid off. Second batch this week…
Bought to Close PYPL MAY 4 2018 75.0 Calls @ .05 (sold for .50)
#LongCalls #LEAPS – A little more theta and a little more pullback allowed me to get out of my XOM snoozer.
Sold to Close XOM JAN 17 2020 75.0 Calls @ 7.47
Bought to Close XOM MAY 4 2018 75.5 Calls @ 1.36
All said and done including weekly sales made a whopping .16 per contract after commissions. I’ll take it!
Now…staying in energy but moving on to something with a little more premium.
Bought ERX JAN 17 2020 36.0 Calls @ 10.49 (89 weeks needs 12 cents per week)
Sold ERX MAY 11 2018 37.5 Calls @ .50
#LongCalls #LEAPS – In an #IRA so have to close before I can sell the following week. Paying a couple extra pennies to get next week going sooner.
Bought to Close TNA MAY 4 2018 72.0 Calls @ .08 (sold for 1.23)
Sold TNA MAY 11 2018 69.5 Calls @ 1.05
#LongCalls #LEAPS – Added one to my existing position…
Bought TQQQ JAN 17 2020 150.0 Call @ 38.00
Sold TQQQ MAY 4 2018 147.0 Call @ 1.70
#LongCalls #LEAPS #DisasterPuts – Been throwing around this idea for awhile. Taking a shot as an experiment. Instead of buying expensive put protection I’m buying some cheap ones but at twice the size. If this thing implodes I’ll take profits and buy more LEAP calls. If it doesn’t implode I won’t even notice the cost of these in a few weeks of weekly call sales.
Bought to Open TQQQ JAN 18 2019 32.5 Puts @ .80
Using 2019 since there weren’t any cheap ones in 2020. I’ll look at those if they add lower strikes…
#LongCalls #LEAPS – Going back in here….had pretty good luck last time. Earnings on Friday before the open so I’d like to capture as much of that premium as possible. After earnings I’ll decide whether to keep it long term or not. Might make a few bucks on an earnings pop and get out. I like the ticker either way…
Bought to Open BABA JAN 17 2020 180.0 Calls @ 34.50
Max loss 34.50 with 90 weeks to run. Need 38 cents per week to cover. That seems reasonable…
So:
Sold BABA MAY 4 2018 185.0 Calls @ 1.81
I may adjust those a little depending on where the stock is Thursday afternoon.
#LongPuts #LongCalls #LongLEAPStraddles – Rolling the put side up for additional credit this week….
Rolled FB MAY 4 2018 162.5 Puts to MAY 4 2018 172.5 Puts @ 1.06 credit (4.06 total on these already)
#LongCalls #LEAPS – A little early but needed a sale this week…
Sold PYPL MAY 4 2018 75.0 Calls @ .50
#LongCalls #LEAPS – Out all day Thursday and Friday but did get a few trades in.
========================
FB:
Had to roll my aggressive FB sales. Using some of the 7.11 premium received so far to finance the roll.
Rolled FB Apr 27 2018 160.0 Calls to May 25 2018 162.5 Calls @ .60 debit
========================
PYPL:
The roll down and in worked. Out a week earlier with additional credit. Didn’t get a fill on next week’s sale yet.
Bought to Close PYPL Apr 27 2018 76.0 Calls @ .01 (sold for 1.58)
========================
LUV:
Going for the double dip week similar to my SMH position.
Bought to Close LUV May 4 2018 57.0 Calls @ .05 (sold for .60)
Sold LUV May 4 2018 54.0 Calls @ .40
========================
TQQQ:
Rolling…
Rolled TQQQ Apr 27 2018 144.0 Calls to May 04 2018 147.0 Calls @ 2.12 credit (3.37 total on this batch now)
========================
#LongCalls #LEAPS – I can’t help myself. Been wanting in this one for awhile. I did hold back and only do a half position just in case. Going out to 2020…
Bought TNA JAN 17 2020 70.0 Calls @ 17.22
90 weeks to run so needing 19 cents per week to cover. That shouldn’t be too much of a problem.
So:
Sold TNA MAY 4 2018 72.0 Calls @ 1.23
#LongCalls #LEAPS – With the weakness in the stock and the additional volatility pumped into these for earnings tonight I’m rolling my short calls back in and down. Guessing there won’t be any crazy up moves. This would get me out a week early and allow a re-sale of next week.
Rolled PYPL MAY 4 2018 78.5 Calls to PYPL APR 27 2018 76.0 Calls @ .58 credit.
#LongCalls #LEAPS – 200ma might be resistance now. Let’s find out…rolling short calls down to just above it.
Bought to Close SMH MAY 4 2018 104.0 Calls @ .16 (sold for 1.33)
Sold SMH MAY 4 2018 100.0 Calls @ .71
#LongPuts #LongCalls #LongLEAPStraddles – This is also a little bit of an #Earnings trade to. Seems like all news is bad news right now so making FB come and get me on the long side. Rolling down my short calls that are sold against Jan 2019 160.0 long calls.
Rolled FB APR 27 2018 167.5 Calls to APR 27 2018 160.0 Calls @ 2.67 credit.
Total premium in the call now is up to 7.11. The LEAP only cost 18.50 so recovered 38 percent of the cost in 2 weeks with all this volatility. Still 38 weeks to run. Playing the put side simultaneously also…
#LongCalls #LEAPS – Forgot I had this order in. When it filled I started looking at booking the nice gain on my short 250 LEAP. Did all that and selling another this week going for the double dip. Will roll the LEAP trade into my long LEAP basis and look to sell it again on the next rally.
Bought to Close TQQQ APR 27 2018 155.0 Calls @ .20 (sold for 3.20)
Sold TQQQ APR 27 2018 144.0 Calls @ 1.25
And the LEAP:
Bought to Close TQQQ JAN 17 2020 250.0 Calls @ 10.80 (sold for 16.10)
#LongCalls #LEAPS #SyntheticStock -I posted on this subject down below in response to a question and felt it was worth throwing out there again up here at the top. Like to run it by you guys and gals to see if I’m missing anything.
After looking closely over the weekend at my synthetic conversions to just straight long calls or long puts, I’m still happy with those. What I’m having a change of heart on is the selling of the upside of the LEAPS. After looking at the loss of long deltas in the conversion (closing the BuPS to leave just long calls) it just looks like the extra sale against the upside LEAP position gets the entire position way to short. I think there’s plenty to be made with just the basic weekly sales without adding the risk of turning it into a loser on a big rally.
I’m leaving TQQQ as is but closing the others that I had sold that were quite a bit tighter. Just not worth the risk….
Bought to Close DG JAN 18 2019 115.0 Calls @ 2.75 (sold for 2.75)
Bought to Close PYPL JAN 18 2019 100.0 Calls @ 2.08 (sold for 1.93) I’ll take that small loss out of the last weekly sale…
#longcalls
$URI BTO 9/21 165/180 BUCS for 7.00
#spxcampaign
$SPX STO 5/18 2510/2535 BUPS at 1.70 Thank you @jeffcp66
$SPX STO 4/25 2665/2690 BUPS at 4.60 Thank you @jeffcp66 Better luck this time.
#shortputs
$SKX STO 4/27 31 put at 1.00 Thank you @honkhonk81 Falling Shoe Trade
$URI STO 5/4/2018 160/165 BUPS at 1.40
#rolling
$SCHN BTC 4/20 36 put and STO 5/18 36 put at .30 added credit
$MZOR BTC 4/20 70 put and STO 5/18 70 put for added .70 credit
#optionsexpiration
$NFLX 340/335 BECS
$SPX 2795/2770 BECS Thank you @jeffcp66
$TSLA 305/300 BECS more than offset by
$TSLA 295/300 BUPS Missed the tail on the donkey with pinning! ;-}
$FB 170/175 BUPS Total Loss
$NKTR 90/100 Total Loss
$FB 135/145 BUPS
$NFLX 275/280 BUPS
$NFLX 260/270 BUPS
$SPX 2665/2690 BUPS Big Loss but not Total but still BIG OUCH! Will I ever learn?
$CAT 125/135 BUPS
$AMZN 1360/1390 BUPS
$GOOGL 1030/1035 BUPS
$FB 140/150 BUPS
$ALGN 230/240 BUPS
$WHR 120 put Thank you @ramie77
$SIG 35 put Thank you @optioniceman
$TWTR 31 put
$MSFT 92.5 put
$RIG 10 put
#LongLEAPs Bought to Open $TQQQ Jan 2020 150 call for 41.00. To break even, underlying only has to reach its all-time high from last month, and I got 21 months to do it. Meanwhile, I’ll be selling calls against it.
#LongPuts #LongCalls #LongLEAPStraddles – Gonna be an interesting earnings announcement. Tons of premium so still selling aggressively. Rolling the call side today. Didn’t quite get the needed pullback.
Rolled FB APR 20 2018 165.0 Calls to APR 27 2018 167.5 Calls @ 2.30 credit
#LongCalls #LEAPS – Banks aren’t running away so rolling but staying aggressive with the sales…
Rolled FAS APR 20 2018 63.5 Calls to MAY 4 2018 65.0 Calls @ .95 credit
#LongCalls #LEAPS – Staying aggressive and selling at the 50ma. Hopefully they’ll be easy to roll.
Bought to Close TQQQ APR 20 2018 155.0 Calls @ .10 (sold for 3.30)
Sold TQQQ APR 27 2018 155.0 Calls @ 3.20
#LongCalls #LEAPS – My newest 2020 position that’s just getting started…
Bought to Close SMH APR 20 2018 106.5 Calls @ .05 (sold for .72)
Sold SMH MAY 4 2018 104.0 Calls @ 1.33
#LongPuts #LongCalls #LongLEAPStraddles – Maybe I’m bored but here we go. Already long the 2019 160 calls so on the bounce I’m buying the put side. For simplicity I’m buying the same strike to complete the straddle.
Bought to Open FB JAN 18 2019 160.0 Puts @ 11.60
After this week 39 weeks to run so needing 30 cents per week to cover. Earnings next week but unfortunately I’ll be out that day so going out the week after since it still has a little volatility pumped into it from the announcement.
Sold FB MAY 4 2018 162.5 Puts @ 3.00 (that already covers a fourth of the long put price 🙂 )
So now long Jan 2019 160 straddles against Apr 20 165 calls and May 4 162.5 puts.
Let’s see how it goes!
#SyntheticStock #LongCalls #LEAPS – Here’s what I finally decided. The more I trade these types of things the more I like the ETFs vs individual stocks and the straight LEAPS vs synthetic stock if the premium is worth it.
Closed my half size position in CRUS at a loss of 1.50. Taking a full size SMH position (twice the CRUS size) out in 2020 so I’ll roll the .75 loss into the new SMH trade.
Bought to Open SMH JAN 17 2020 105.0 Calls @ 14.80 (15.55 with CRUS loss added)
That is my max risk in the trade with 92 weeks to run requires 17 cents per week to cover.
So:
Sold SMH APR 20 2018 106.5 Calls @ .72
I feel much better about this now vs the CRUS trade. Thought about holding CRUS since it was getting closer to even but figured I’d s**t can it and just concentrate on the SMH position.
#LongCalls #LEAPS – This was a fun one. Market doesn’t exactly seem thrilled with the banks so far so I’m staying aggressive into next week too. Already collected 4.70 of the original 10.50 cost of the LEAPS. 3 weeks into the trade with 39 to go.
Bought to Close FAS APR 13 2018 65.0 Calls @ .07 (sold for 2.15)
Sold FAS APR 20 2018 63.5 Calls @ 1.80
#SyntheticStock #LongCalls #LEAPS – Really like the looks of this one for a long term position. Haven’t decided yet since I’m already in CRUS but definitely one to keep an eye on if it pulls back again. I missed it on that last drop to near the 200ma. Almost feel like I have to take a shot. 2019 105s would only need 23 cents per week to cover.
#LongCalls #LEAPS – Roll out and up a week. Still a week before earnings…
Rolled FB APR 13 2018 162.5 Calls to APR 20 2018 165.0 Calls @ .50 credit
QQQ #Longcalls #Leaps #Shortcalls I decided to follow along in the TQQQ trade but with a little less intensity as I gain experience with this. Bought Jan 17th 2020 161 Call at 19.50 with Qs at 161.33 My price discovery was a bit too aggressive and was filled immediately even though I was below the mark. Sold the April 13th 162 Call @ 1.02 with Qs at 161.20.
#LongCalls #LEAPS #BullCallSpreads – Thanks @jsd501 for the nice reminder on this ticker. Great premium for setting up a longer term position. As an experiment, I’m buying the Jan 2020 call spreads 100 points wide. TOS is showing an expected move of +/- of 100 points out to 2020. This reduced my entry cost (but caps long term profits).
Bought to Open TQQQ JAN 17 2020 150.0/250.0 Bull Call Spreads @ 28.30
92 weeks for the trade to run so only need 31 cents per week to cover the cost. Goal is to get it covered much sooner and keep selling against the position.
So:
Sold TQQQ APR 20 2018 155.0 Calls @ 3.30
#LongCalls #IRA – Another week in the books selling against Jan 2019 45.0 calls. This particular position was started Feb 28 for 6.90 requiring 15 cents per week to cover. Already recovered 2.55 after today’s sale. The stock has dropped almost from the very beginning but overall showing only a small loss.
At this pace the calls will be completely paid for by the end of May leaving 7 more months of selling that will go straight to the bottom line. I’m not sure how it will work out but it seems like it would be fun to have a bunch of these with the calls completely covered with every sale after that being pure profit. If the stock is way down at the point the calls finally get paid off it would be a trade similar to what Jeff does with UVXY. He buys way OTM LEAP calls and then sells shorter term against those.
After having a mixture of synthetic and long call positions, I’m starting to lean towards just the long calls. Simpler to see exactly where you stand and less slop when trying to finally book the position.
Bought to Close CRUS APR 13 2018 40.5 Calls @ .05
Sold CRUS APR 20 2018 39.5 Calls @ .45
MU #longcalls Morning all. I decided to go Long June 50 call @ 4.85 with MU @ 50.86. Slow getting it off this morning. I will sell weekly 55 calls once the buying settles down. This is paired with the short puts from yesterday.
#LongCalls – I agree with Whiz and @jsd501 . Facebook isn’t going out of business any time soon and premiums are fantastic. Going with the basic long calls and selling against them. Only 1.50 more out of pocket up front but a 2.70 less max loss vs the synthetic.
Bought to Open FB JAN 18 2019 160.0 Calls @ 18.50
Only going out to Jan 2019 so 41 weeks to cover max loss requires 45 cents per week. This particular trade doesn’t even seem that directional. With the premiums available (Zuck testifying and earnings approaching) a big chunk of this will be recovered in the first 3 weeks. Even at just a dollar a week the trade makes 22.50.
So:
Sold FB APR 13 2018 162.5 Calls @ 1.64
#earnings #longcalls DAL
Dipping my toe back into some pre-earnings trades in this mixed market.
BTO April 13, $54.50 calls for .85 cents each. This is an 87.5% winner over the last 2 years of earnings cycles per the CML backtest. Probably could get in a few cents cheaper if I had been patient. Will close this out next Wednesday.
#SyntheticStock #LongCalls – If I can close for a nickel on Mon or Tue and get next week’s sale going it’s well worth it to pay up I think…
Bought to Close CRUS APR 6 2018 43.5 Calls @ .05 (sold for .50)
Sold CRUS APR 13 2018 40.5 Calls @ .65
Closed Early
$SPX BTC 3/29 2600/2625 BUPS at 6.00. STO at 1.60 Left a few open. See what tomorrow brings.
$FB BTC 4/20 155/165 BUPS at 4.50 STO at 1.80 Should have kept some.
#longcalls
$MSFT BTO 4/20 95/97.50 BUCS at 1.05
#shortcalls
$LABU STO 3/29 90 calls at 2.20 (Covered)
$FB STO 4/20 170/162.50 BECS at 2.00
#spxcampaign
$SPX STO 4/27 2795/2770 BECS at 2.20 Thank you @jeffcp66
$SPX STO 4/27 2400/2425 BUPS at 1.90 Thank you @jeffcp66
#SyntheticStock #LongCalls – With my margin hog AMZN position out of the way now it’s time to start looking for new opportunities. I’d like to stay involved in the banks so this seems like a good way to do it. Wasn’t having much luck out in 2020 with the market makers for a 2 strike wide synthetic. Instead, just going to Jan 2019 and buying the straight calls. (only 5 wide strikes in 2019 anyway). As @hcgdavis pointed out, the weekly premium is really nice in this ticker.
Bought to Open FAS JAN 18 2019 65.0 Calls @ 10.50
Max loss of 10.50 with 42 weeks to run so need 25 cents per week to cover.
So: (premiums are so good that this is a freebie. 42 weeks to go is AFTER this week…crazy!)
Sold FAS MAR 29 2018 65.5 Calls @ .85
#SyntheticStock #LongCalls #BearPutSpreads #BullPutSpreads – Selling what I didn’t get a chance to on Friday. Glad I waited on these. Going out another week to take advantage of the entire 3 day weekend…
Sold CRUS APR 6 2018 43.5 Calls @ .50
Sold REGN APR 6 2018 340.0 Calls @ 2.11
Sold VXX APR 6 2018 40.5/37.5 Bull Put Spreads @ .47
#Longcalls
$CRM BTO 8/17 120/130 BUCS at 4.65 Expect their $MULE acquisition to be accretive.
#spxcampaign
$SPX STO 3/23 2575/2600/2800/2775 IC at 1.35 Thank you @jeffcp66
#OptionsExpiration #Earnings #ShortStrangles #SPXcampaign #VXXGame #LongCalls #IronButterfly
— Expiring w/max profit —
$DG 84 puts
$OLED 140 calls
$TIF 109 calls
— Expiring w/max loss —
$SPX 2840/2860 long call spreads, purchased for 1.00 avg price.
$UVXY 91 long calls… purchased for 0.158 avg price… served me well as hedges against short calls
$SQ long 60 calls, bought for 0.964, avg price
— #Assignment —
$SQ 50 long calls, bought for 0.858, avg price. Taking stock (200 shares, cost basis 50.86) and adding it to #CoveredCallCampaign
$AVGO 255 long put – I exited one 265 short put for 9.10. Then, volatility at the close denied my fill on closing more, PLUS, we dropped below my long strike. So, this likely means one spread expired ITM, so a 10.00 debit (against 7.60 sale), but I will likely be assigned short shares based on the ITM long 255 put. Because I feel this may bounce on Monday, I’m buying shares after hours so the assignment will cancel out my position and I’ll be flat. This would amount to about a 2.50 loss overall on the trade.
Closed Early
#spxcampaign
$SPX BTC 3/23 2800/2775 BECS at 9.50 STO at 2.80
$SPX STC 3/14 2810/2830 BUCS at 3.50 BTO at 2.20 Thank you @jeffcp66
$SPX STC 3/16 2840/2860 BUCS at 1.80 BTO at 1.70 Thank you @jeffcp66
#shortputs
$BIDU BTC 3/16 270/260 BECS at 4.00 (GTC Stop) STO at 1.92
#longcalls
$WYNN STC 3/16 165 calls at 25.20 BTO for 9.80 on 1/30 All gone now.
++++++++++++++++++++++++++++++++++++++++++++++++++++
Trades
#shortputs
$MZOR STO 4/20 70 puts at 2.80
$MU STO 3/16 57.5 puts at .80 Thank you @honkhonk81 Good luck to all
$SCHN STO 4/20 36 puts at 1.45
#spxcampaign
$SPX STO 4/20 2650/2750 BUPS at 19.00 Thank you @fibwizard
#longcalls
Rolled $SQ Calls
$SQ BTC 3/16 48 calls up and out to 4/6 53.50 for 3.10 debit
#spxcampaign
$SPX STO 4/13 2625/2650 BUPS at 1.70 Thank you @jeffcp66
Closed Early
$WYNN BTC 3/16 170/180 BUPS at .60 STO for 4.30 No more piggy me (I hope)
#LongCalls – Not going synthetic on this one. Requires less margin in an #IRA to just buy the calls. Max loss is quite a bit less but it is slightly more cash up front.
Bought MGM JAN 18 2019 35.0 Calls @ 3.90
45 weeks to run so need 8.5 cents per week to cover. Stock is entering a daily squeeze and looking potentially bullish…(wild guess there…LOL)
Haven’t sold the hedge yet…order in for next week’s 35.5 strike.
#spxcampaign
$SPX STO 3/2 2635/2660 BUPS at 5.70 then $SPX BTC 3/2 2635/2660 BUPS at 3.30
#ironcondor
$AAPL STO 4/20 150/160/195/185 at 2.75
#longcalls
$WYNN BTO 1/18/2019 165/175 BUCS at 4.25
#SyntheticStock #LongCalls -With 5 wide strikes out in Jan 2019 I just decided to buy the calls outright instead of going synthetic. A little more out of pocket up front but a much lower max loss due to the “5 wide”. This replaces my MU position..
Bought to Open CRUS JAN 18 2019 45.0 Calls @ 6.90
46 week to go so 15 cents a week required….didn’t get a chance to sell the first hedge yet.
SPX Campaign / Long SVXY Calls / Short Puts AMZN / AZO Earnings Strangle / Close Early SQ Calls /
#spxcampaign
$SPX STO 3/2 2700/2725 BUPS at 3.00 Thank you @jeffcp66
$SPX STO 3/9 2775/2800 BUPS at 17.00 Thank you @jeffcp66
#longcalls
$SVXY BTO 1/17/2020 16 calls at 5.30 Thank you @fuzzballl
#shortputs
$AMZN STO 3/16 1420/1440 BUPS at 2.85
#shortstrangles (Earnings)
$AZO STO 3/2 660/790 at 6.40 Thank you @jeffcp66
Closed Early (partial position due to earnings tomorrow)
$SQ STC 3/16 40 call at 6.85 BTO at 2.80
$SQ STC 3/16 46 call at 3.00 BTO 11/15 at 5.50 (Should have closed them all)
#earningstrade #ironcondor BIDU #spec trade #longcalls ZN
Sold March 16 180/190/260/270 for 1.17 BIDU is at 225
ZN bought a March 16, 5 call for .40, Zion Oil and Gas is up 76% to 4.07 today, interesting story, friend at the gym told me about it, not exactly the check out person at the grocery store…
#LongCalls – I’ve got some risk in this ticker so what’s a little bit more. If we get a decent recovery this should help considerably getting back to even sooner. With put skew right now this seems like a decent shot. Leaving it uncovered for now…
Bought to Open SVXY JAN 17 2020 40.0 Calls @ 2.60
#longcalls
$WYNN BTO 2/16 180/190 BUCS at 4.50
$WYNN BTO 3/16 185/195 BUCS at 3.85
#shortputs
$CAR STO 3/16 45 puts @ 2.55
#longcalls
$LRCX BTO 2/16 202.50/212.50 at 3.75
#longcalls
$FCX BTO 2/2 19 call at .88 Earnings on Thursday – downgrade today.
$XLE BTO 3/15 77 call at 2.30
#shortputs
$DVN STO 2/16
#spxcampaign
$SPX STO 2/7 2765/2790 BUPS @ 3.55
$SPX STO 2/23 2925/2900 BECS @ 1.80 Thank you @jeffcp66
#shortputs
$FB STO 2/16 165/175 BUPS @ 1.55
$CMG STO 2/16 315/325 BUPS @ 3.80
#longcalls
$CMG BTO 2/16 340/350 BUCS @ 4.69
$PETS BTO 2/16 45/55 BUCS @ 4.70 Inspired by @honkhonk81
#longcalls
$EGBN STC 1/19 55 call @ 7.00 BTO @ 5.30.
Allowing the companion 1/19/55 put to expire. (I hope)
It is so nice when companions cooperate.
Thank you @honkhonk81
#longcalls
$MHK STC 1/19 260 call BTO 2/16 270 call at 6.00 credit. Second roll for this trade. Have taken out total of $15 in credits.
#shortputs
$CBOE STO 2/16 120/125 BUPS @ .80
$GS STO 1/19 250/255 BUPS @ 1.00
$GS STO 2/16 240/250 BUPS @ 2.00
#longcalls
$FB BTO 1/19/2019 175 call @ 24.10
$GS BTO 2/16 325/335 BUCS @ 5.98
$CMG BTO 2/16 BUCS @ 4.40
#spxcampaign
$SPX STO 2/16 2640/2665 BUPS @ 1.40
#spxcampaign
$SPX STO 1/17 2705/2730 BUPS @ 6.25 Thank you @jeffcp66
$SPX STO 2/2 2635/2660 BUPS @ 1.55 Ditto
#longcalls
$WUBA BTO 2/16 75/85 BUCS @ 5.00
#shortputs
$BA STO 2/16 280/290 BUPS @ 2.15
#longcalls
$XLU BTO 3/16/2018 52/54 BUCS @ .74
$CRM BTO 2/16 105/115 BUCS @ 3.50
To each and every one of the wonderful traders at Jeff’s Bistro. Thank you for a year of fellowship and profit and sharing. A wonderful place to be. Best to you and your families in 2018 and beyond.
Closed Early (but not early enough ;-)) In this case the parenthesis need not match. One is a smile!
$SPX BTC 12/22 2685/2660 BECS @ 20.40 STO @ 7.80
#longcalls
$TRN BTO 1/19/2018 37 call @ 1.15
#Short Puts
$AAPL STO 1/12/2018 165/175 BUPS @ 2.00
#spxcampaign
Joining @jeffcp66
$SPX STO 2545/2670 BUPS @ 3.40
#spxcampaign
$SPX STO 1/19/2018 2585/2610 BUPS @ 1.65
$SPX STO 1/19/2018 2575/2600 BUPS @ 1.30
$SPX STO 12/20 2665/2690 BUPS @ 3.30
#shortputs
$SVXY STO 1/18/2019 55 put @ 7.80 Thank you @jsd501
$RCL STO 1/19/2018 120/123 BUPS @ .73 Tank you @smasty160
$EGBN STO 1/19/2018 55 put @ 1.00 Thanks @honkhonk81
#longcalls
$EGBN BTO 1/19/2018 55 call @ 5.30 Thank you @honkhonk81
#spxcampaign
$SPX STO 12/18 2665/2640 BECS @ 8.70
$SPX STO 1/5/2018 2730/2705 BECS @ 1.55 Thank you @jeffcp66
#shortputs
$BA STO 12/29 270/275 BUPS @ 1.00
$GS STO 1/19/2018 230/240 BUPS @ 2.06 Helping pay for
#longcalls
$GS BTO 1/19/2018 245/255 BUCS @ 4.20
$IWM BTO 1/19/2018 154 calls @ 1.60 Dr Science idea at OMM
#shortcalls
$LABU STO 12/8 73 calls @ .90 (covered)
$SQ may have bottomed
#shortputs
$ICHR STO 12/15 30 puts @ 3.30
$GWW 12/15 175/185 BUPS @ .91 (SUZ at OMM)
#longcalls
$ICHR BTO 2/16/201830 calls @ 2.50
#spxcampaign
$SPX STO 12/15 2460/2485 BUPS @ 1.50
$SPX STO 11/20 2555/2580 BUPS @ 3.10 Thank you @jeffcp66
Rolled Long Calls
$SQ STC 11/17 39 calls BTO 12/15 43 calls Took in 1.43 credit on roll
$FB STC 11/17 175 calls BTO 12/08 180 calls Took in 1.80 credit on roll
#LongCalls I didn’t post this (sorry) because it’s not my usual forte to buy calls, but on Nov 7th…
Bought two (2) $SQ March 50 calls for .85. They are trading at 3.50 today. I have been trying to add some other calls, and maybe even some #LongCallDiagonals but I never get any kind of pullback.
In the same vein, and for the same reasons (I think mobile pay is the future) I also
Bought two (2) $PYPL April 90 calls for .65 on Oct 26th. Also up but not as much as Square.
I don’t think either are done going up, but it would be nice to have an entry opportunity.
Closed Early
#spxcampaign
$SPX BTC 11/17 2560/2585 BUPS @ 8.50 (currently at 5.40) STO at 4.70
$SPX BTC 11/200 2560/2585 BUPS @ 6.00 (currently at 5.40) STO at 4.60
$SPX BTC 11/17 2475/2500 BUPS @ .10 STO @ 1.80 Forgot GTC order Thank you @jeffcp66
#longcalls
$VEEV STC 11/17 55/65 BUCS @ 5.83 BTO @ 4.90 (19% of max possible)
#shortputs
$UAL BTC 11/17 52.50/57.50 BUPS @ .45 54% of max profit
#optionsexpiration
Full Profit
$BIDU 210/220 BUPS
$FSLR 40/46 BUPS
$AMZN 990/1000 BUPS Part of Earnings IC The Call part more than offset this gain
$AMZN 927.50/937.50 BUPS
$EXAS 49.50 put
$NSC 130 put Earnings trade Thank you @jeffcp66 aka “Jeff of all trades”
Full Loss
$CMG 290/300 BUPS Earnings Indigestion
$AMZN 1010/1000 BECS Offset above mentioned IC partner IC Loss of 75 per contract
Losses Closed Early If three minutes until close is early
$PCLN 1885/1905 BUPS STO @ 2.80 BTC @ 14.92 Tried to close yesterday when I noticed $EXPE had earnings yesterday. Instead of market order I tried to be cute. I am not cute. Lesson learned. Hopefully lesson will be remembered.
$PCLN 1890/1895 BUPS STO @ 2.07 BTC @ 3.50 Impetuous day trade AKA Dumb Move
#spxcampaign
Closed early
$SPX 11/8 2555/2580 BUPS @ 28% profit Gun Shy No Patience Thank you @jeffcp66
Trades
#longcalls
$WYNN BTO 1/19/2018 140/155 BUCS @ 5.82
#shortputs
$WYNN STO 11/17 135/145 BUPS @ 3.05
#shortcalls
$KEM STO 11/17 26 call @.95 Covered
$NFLX STO 11/03 200 call @ 1.98 Covered
#spxcampaign
$SPX STO 11/10 2590/2565 BECS @ 12.55 Thank you @jeffcp66
Have a great weekend. I am resting. OPEX is exhausting sometimes.
Thanks to everyone for being so helpful.
#longcalls
$VEEV BTO 11/17 55/65 BUCS @ 4.90 Risking 4.90 to make 5.10
#shortputs
$GS STO 10/20 220/230 BUPS @ .67 with $GS @ 242
#longcalls
$PAYX BTO 10/20 62.50 calls @ .50 Expecting take off after good earnings this morning
#optionsexpiration
$SPX 2500/2475 BECS @24% loss
$FB 180/182.5 BUPS @ 15% loss
$AAOI 55 put
Closed Early
$NVDA BTC 10/20 220/200 BECS @ 85% profit
$AAOI BTC 10/20 65 put @6.00 STO @ 11.25
$AAOI BTC 9/29 60 put @ .20 STO @ 1.70
$TSLA BTC 10/20 420/400 BECS @82% profit
$SPX BTC 9/29 2475/2500 BUPS @ 96% profit
Trades
#spxcampaign
$SPX STO 10/6 2460/2485 BUPS @ 3.35
$SPX STO 10/27 2390/2415 BUPS @ 1.75
$SPX STO 10/20 2550/2570 BUPS @ 1.10
#shortputs
$PI STO 10/20 35 puts @ 1.15
$CALA STO 10/20 15 puts @ 1.15
$TAP STO 1/19/2018 75 puts @ 1.45 and 1.60
$TAP STO 1/19/2018 77.5 puts @ 2.10 This beer is for you @optioniceman
$WYNN STO 10/6 148 put @ 1.72 Inspired by @fuzzballl
#longcalls
$MSFT BTO 11/17 72.50/75 BUCS @ 1.40
Thanks to all for the continuing education.
Have a great week of trading.
Closed Early
#spxcampaign
$SPX BTC 9/29 2315/2340 BUPS @ .10 STO 8/29 @ 1.65
$SPX BTC 9/22 2500/2475 BECS @ 21.00 STO 8/29 @ 5.20 Getting a little faster
#longcalls
$WYNN BTO 10/20 143/148 BUCS @ 2.95 Experimenting on buying a BUCS in the money on a stock I expect to go up AND the BUPS returns not too exciting.
#shortputs
$AMZN STO 10/20 900/920 BUPS @ 2.50
#Earnings #LongCalls #LongStock
Remaining $ZNGA long stock closed yesterday on trail stop for 3.70. Breakeven on that half, small loss on the first half. Over all just under $100 loss on a long-call purchase.
#VXXGame BTC $SVXY Sep 50 puts yesterday for .53. Sold in the 100/180 strangle (after split: 50/90) for 18.95 on March 21st.
#SPXcampaign Overnight: Closed on GTC order: $SPX Aug 17th 2515/2540 call spreads for .20. Sold for 1.60 on July 19th.
This morning: Closed on GTC order: SPX Aug 25th 2525/2550 call spreads for .20. Sold for 1.75 on July 25th.
#longcalls
$UUP BTO 9/15 24 call @ .43 (Bridget at OMM)
Options Bistro 