Options Expiration for Aug 17

I’ve been aggressive in closing and rolling positions so not much left to expire in August.
Expiring:
$HES Aug 17 32.50 puts
$HSY Aug 17 85 puts
$HSY Aug 17 90 puts
$GWW Aug 17 310 puts

Assignment:
$GWW Aug 17 340 call (covered)

Have a great weekend everyone.

#OptionsExpiration

#OptionsExpiration #Monthlys #Aug17 – It…

#OptionsExpiration #Monthlys #Aug17 – It looks like the TSLA money train has left the station with today’s collapse. It was a great run.
Several nice short put positions rolling off this week.
Going long some goldminers and will be starting a covered call program next week.

— Expirations —
CVS 08/17/2018 55.00 Puts – Sold @ 1.60 average
SRCL 08/17/2018 50.00 Put – Sold @ 1.65
SVXY 08/17/2018 11.00 Puts – Sold @ 0.35
TSLA 08/17/2018 275.00 Put – Sold @ 0.22 today
TSN 08/17/2018 55.00 Puts – Sold @ 0.70

TSLA 08/17/2018 375.00/410.00 Bear Call Spreads – Sold @ 3.50
TSLA 08/17/2018 380.00/(Aug 24)430.00 Bear Call Spreads – Sold @ 2.19
TSLA 08/17/2018 385.00/410.00 Bear Call Spreads – Sold @ 3.71
TSLA 08/17/2018 390.00/(Aug 24)420.00 Bear Call Spreads – Sold @ 1.41
TSLA 08/17/2018 400.00/(Aug 24)440.00 Bear Call Spread – Sold @ 2.23
TSLA 08/17/2018 402.50/(Aug 24)440.00 Bear Call Spread – Sold @ 3.12
TSLA 08/17/2018 405.00/(Aug 24)440.00 Bear Call Spread – Sold @ 4.37

— Assignments —
NUGT 08/17/2018 19.50 Puts – Sold @ 1.43 Avg
NUGT 08/17/2018 19.00 Puts – Sold @ 1.14 Avg
SVXY 08/17/2018 13.50 Covered Calls – Sold @ 0.68

#OptionsExpiration – a wild and…

#OptionsExpiration – a wild and wooly week. Lots of drama
— Expirations —
*Spreads*
FB 08/10/2018 192.50/245.00 Bear Call Spread – Sold @ 0.41
TSLA 08/10/2018 360.00/410.00 Bear Call Spread – Sold @ 1.35
TSLA 08/10/2018 365.00/410.00 Bear Call Spread – Sold @ 1.60
TSLA 08/10/2018 370.00/410.00 Bear Call Spread – Sold @ 1.40

*Shorts*
LB 08/10/2018 30.00 Puts – Sold @ 0.65 & 0.75
TSN 08/10/2018 55.00 Puts – Sold @ 0.80

— Assignments —
DUST 08/10/2018 28.00 Covered Calls – Sold @ 0.70 – finally out of all the stock at a profit after a year of writing covered calls.

#pietrades and #optionsexpiration Fragmented trading…

#pietrades and #optionsexpiration

Fragmented trading day here. They were working on lines near our house and internet kept going in and out which will explain my weird WDC trade.

WDC, keeps going down. Converted to LEAP #fuzzy earlier in week. Was trying to roll to next week at 70 but because of the internet issues it somehow rolled to 66. Ok so took in a lot of cash but then the internet went down for a few hours. Of course during that time WDC reversed so was losing $ on the new trade and deltas were already flat. So rolled out to 43 DTE and up to 70. Took in 1.32 on the 66 call but had to buy them back and roll for 1.02 debit. So anyway after all that, now have the 60 LEAP 70 43 DTE call spread for cost basis of 19.03. If we rebound will buy back 2-3 of the short calls to let it run. Break below 65 will collar it to prevent further losses. As long as it stays 65-70 should break even in about 6-8 weeks.

MU 55/54 diagonal looking ok. Cb 12.43.

EOG 43 DTE 115 put cost basis at 113.20.

TQQQ batch 1 will assign tomorrow at 60 for a 2.21 gain on each contract. Reset Monday, hopefully after at least a little pull back.

TQQQ batch 2 will assign at 59 for 1.75 gain per each contract. Both these are nice 2 week pay checks! Reset Monday.

AMAT batch 1. Rolled 47 cc out a week for 0.52 credit. Cb now 49.24. A few more weeks of rolling then will reset as #pietrade again.

AMAT batch 2 rolled 47 cc out a week for 0.5 credit. This is showing a profit of 0.81 per contract but may keep rolling if it stays in range.

XBI 87/96.5 and 95/96 #fuzzy. Waiting for more decay and will roll next week. Cost basis of 8.62 on first batch and 5.1 on second.

SPX #hedge 2550 put has lost a lot already but gained 0.15 late in the day. Currently 1.75, bought for 2.9. Hope I don’t need it but will roll it at least a week before it expires and change it to a back ratio or risk twist to limit costs. That will be a more efficient hedge.

Hope everyone is having a good week and expiration. Some new trades will be added Monday.

Final trades

#Earnings
Closed $SHOP Aug 3rd 140 calls for .15. Sold for 1.40 on Monday.
Rolled $TSLA Aug 3rd 330 calls to Aug 10th 332.5 calls for .40 credit.
Closed $SQ Aug 3rd 71 calls for 1.50… sold for .78.
Rolled $AAPL Aug 3rd 200 #CoveredCalls to Aug 10th 202.5 calls for 1.85 debit.

#PieTrades
Rolled $AMAT Aug 3rd 46.5 covered call to Aug 10th 46.5 call for .12 credit.
Sold $MU Aug 10th 53 covered call for .84
Closed $OLED Aug 3rd 100 covered call for 1.50. Sold for 2.15. Earnings next week.

#CoveredCallCampaign
Sold $FB Aug 24th 187.5 covered calls for 1.35

#OptionsExpiration 8/3/18
$AAPL 177.5 puts. Sold for .75

#OptionsExpiration #Weeklys #Aug03 Just a…

#OptionsExpiration #Weeklys #Aug03
Just a couple expired
ROKU 47.50 Call
MU 57 Call
Have a great weekend.

#OptionsExpiration #Weeklys #Aug03 – good…

#OptionsExpiration #Weeklys #Aug03 – good week overall but I had my first earnings trade get runover when TSLA blew past 342.50 on Elon Musk’s apology tour with the analysts. However I rolled up for next week.

Also letting 50% of my DUST stock position go with an effective exit point above my cost. The other half is already covered for next week.

— Expirations —
MET 08/03/2018 42.00 Puts – Sold @ 0.58
TSLA 08/03/2018 225.00 Puts – Sold @ 0.66 but covered for 0.01 earlier
TSLA 08/03/2018 220.00 Puts – Sold @ 0.66
SVXY 08/03/2018 14.00 Covered Calls – Sold @ 0.30

— Assignments —
DUST 08/03/2018 28.00 Covered Calls – Sold @ 0.40 and 0.45