$T 28.50 put
$TDOC 220 put
$PENN 67 put
$TSLA 385 put
$NVAX 125 calls
$BX 54 call
$PFE 37 call
#OptionsExpiration – A few…
SLB 19 Calls (sold for .85)
TDOC 180 Put (sold for 2.60)
UVXY 21 Calls (sold for 3.05)
$AAPL 122.5 call
$SQ 145 call
$MRVL 38 put
$MRVL 36 put
$CLDR 12.50 put
$NIO 18.50 Put
$NVAX 117 call
Have a nice weekend all. Be safe. Storms, fires and politicians abound. Be careful.
BIDU: Wish I could’ve watched it closer…would have been a full winner but I’ll take it.
Bought to Close BIDU AUG 14 2020 116.0/120.0/122.0 Jade Lizards @ 1.26 (sold for 2.05)
NVDA: Replacing an expiring position. Earnings next week.
Sold NVDA SEP 18 2020 380.0 Put @ 4.10
Expired: NVDA 420.0 Put (sold for 2.90)
NTAP: Still chugging along. Earnings still two weeks out. Rolling covered calls.
Rolled NTAP AUG 14 2020 41.5 Calls to AUG 21 2020 42.0 Calls @ .35 credit
#OptionsExpiration – Let another one go the distance…
UVXY 26.0 Calls (sold for 1.45)
$EWZ 29 put Thank you @fuzzballl
$WORK 30 put
$T 30 put
$NEO 30 put
$SNAP 21 put
$PTON 55 put
$SPCE 18 put
$MRNA 75 put
$PFE 34 put
$CODX 20 call
$FB 255 call
$PTON 63 call
$SPX 1 DTE Thank you @jeffcp66
$BYND 144/155 BUPS Expired Total loss.
$TSLA 1470/1490 BECS Expired Full full loss
$AMZN 2570/2590 BUPS Expired Full profit
$ZM 190/210 BUPS Expired Full profit
$DFEN 18 put assigned. Basis 16.85. Stock at 11.90. Go aerospace, please.
$PFE 36 call called away
#OptionsExpiration – I had one! 🙂 🙂
UVXY 30 Puts (sold for 1.60)
$ROKU 116 call Stock called away after months and months of rolling.
$ROKU 114 call Stock called away after months and months of rolling. Net loss overall but thanks to rolling a manageable one.
TQQQ 110 call
SQ 88 put
$ROKU 110 Put
$NEO 25 puts
$T 28 puts
$CODX 15 puts
$SDGR 60 puts
$TQQQ 60 puts Thank you king of the TQQQ @jsd501
$CCL 16 put
$SPY 280 Thank you @fuzzball
$SQ 88 puts
$SDGR 65 puts
$MRVL 35 call
$AMZN 2280/2300 BUPS
$ROKU 120 calls
$ROKU 112 calls
$PLAN 40 calls
$DDOG 45 calls
$SDGR 55 calls
$MRVL 32.5 calls
$ROKU 114 call
$ROKU 113 call
$RAD 14 call
$NUGT 72 call
$VXX 32.5 call Sold against August @jeff 85 call. Thank you @optioniceman
$TQQQ 60 put Thank you @fuzzballl
$SPY 260 put Thank you @fuzzballl
$AMD 50 put
$SQ 89 put
$UVXY 32.5 put. Better sell those shares first thing Monday
Never leave home with an expiring trade
$SPX 6/5 3160/3180 BECS. I had a conditional order placed using Schwab platform. If $SPX bid is 3150 than close at market. Did not fire. Schwab says $SPX has no bid and my order could not work. I said it was their platform
that allowed the trade. They said I would not win in arbitration. Live and learn, I hope.
#OptionsExpiration – Let one go the distance today…
TNA 26.5 Puts (sold for 1.19)
$SDC 8.5 call
$ROKU 121 call
$NVAX 32 put
GPS 7.50 covered call assigned
SDC 8.5 covered call
BOOT 12.5 put
CPRI 15 covered call
HTZ 3 covered call
LK 30 put, big loss
VFC 50 put
CCL Short 11.50 put
HAL 7.50 covered call called away
USO 3 covered call
VIAC 15 covered call called away
X 6 short put
#OptionsExpiration – Almost all stock called away at 230 with about a 217.50 basis. Fresh box of ammo for tomorrow now.
$NUGT BTC 2/28 33 call and STO /20 36 at .58 debit.
$SAVE 45 put
$CVS 75 put
Take care everyone.
$SPX 1 DTE Thank you @jeff
$AMRN 20 call
$PFE 38 call
$ROKU 120 put STO on 12/10 for earnings at 4.85.
$NUGT 30 call
$NUGT 32 call
$MRVL 24 put
$ROKU 140 call Too bad I still have the stock ($131 – $151 range for today)
Happy Valentine’s Day
Have a terrific three day weekend
$GSX STO 2/21/30 puts at 31
$SAVE BTC 2/21 40 put at .60. STO 1/13 at 2.35
$AAPL BTC 2/21 340/350 BUPS at .50. STO 1/28 for 1.91
$OKTA BTC 2/7 132 and STO 2/14 134 at added .40. Too bad stock tanked.
$PLAN BTC 2/21 and STO 3/20 65 at .40 debit. Then stock tanked. Quite the pattern. )-:
$EXAS 105 call
$ROKU 135 call
$ROKU 130 call
$LK 41 call
$ZM 73 call
$RACE Long call. BTO at $4.00. Car never started.
$SPX 1 DTE 3210/3190/3305/3325 I think. My account shows it at a loss for the put side. See on Monday.
$ZM 73 call Called away
$MRVL 27 put Basis 26.50
$LK 37 put Basis 35.30
$LABU BTC 2/7 51 calls at 1.10. STO on 1/28 for 2.80.
$T BTC 1/31 37.50 put and STO 2/7 37.50 put at added .30 credit.
#OptionsExpiration – No expirations but one assignment. SQ getting called away at 63.50. Was originally assigned the stock at 76.00 during an earnings implosion. Rode it all the way to 55 selling calls. Gone now with a very satisfying profit of .15 LOL
So long I’ll see ya next time!!
$APA Buy write called away profitably
$PTON 35 Thank you Ramie
$NEO Long call assigned at $30. Basis 30.65. Stock at 32.05.
$BOOT $45 put assigned. Basis 43.15. Stock at 43.65
$EDIT 26/31 BUPS expired in the money when I was not looking. Stock assigned at 31. Basis 29.70. Stock at 30.64
$LABU Finally let it go at $55. Purchased at 50.65 on 4/30. Rolled calls for added gain of 3.70.
$STNE Called away as stock reached 42.04 at end of day and surpassed 42 covered call.
Enjoy the long weekend. Rest clears the mind. I hope. 😉
#OptionsExpiration – Let this one go the distance…
ISRG 587.5 Put (sold for 5.10)
Offsetting my worthless were those costing more at expiration
$TSLA 340/380 BECS
$COST 295/305 BUCS (Wish I had mistakenly switched these two trades);-)
$ROKU 135/145 BUPS
$STNE assigned at 40. Basis 38.40. Stock at 38.01
$LSCC Called away at 40 as it closed at 40.01. (It happens)
Have a great weekend.
$OKTA 121 calls
$ZM 65 calls
$PEP 135/140 BUCS Total Loss. BTO at 2.50
And the good:
$VEEV 140/145 BUPS STO 1.45 on 9/26
$ROKU 100/110 BUPS STO 1.95 0n 10/16
$BA 320/330 BUPS STO at 1.80 on 10/23 Thank you @Ramie
$SOXL 150 Put STO at 4.50
$TOL 42 call STO at .63
$TRTN 35 covered straddle. Stock called away with basis of 30.65
Have a nice weekend.
Was too early on this – closed before things really dropped:
BTC $NUGT Oct 04 35/40 Call Vertical @0.36 Was STO @0.86 on 9/20.
Rolled $NUGT Oct 4 30.5 Put // Oct 18 29.5 put @0.65, against existing 10/18 20 put #tripledip.
$SPX 2865/2890 BUPS STO 9/10 at 1.35
$SPX 2960/2985 BUPS STO 9/12 at 2.85 Thank you @jeff
By Golly $OLLI All were opened after earnings release which dropped the stock.
$OLLI STC 9/20 55/60 BUCS on 9/10 for 4.50. BTO 8/29 at 2.97
$OLLI BTC 9/20 55/60 BUPS on 9/16 for .20/ STO 8/19 at 2.03
$OLLI BTC 9/20 55 puts at .05 on 9/12. STO 8/29 at 1.35
Have not been posting lately. A little out of sorts. Hope to be back soon.
$TQQQ Rolled 9/20 65 calls to 10/4 68 calls at even. Gain three points if called away. These sold against 66.67 LEAPS. Collected 68% of call cost so far.
$STNE BTC 9/20 30 put at .05/ STO 8/19 at 1.00. Thank you @fuzzy
$NUGT Rolled 9/20 35 put to 9/27 34 put at .37 debit.
$PLAN Rolled 9/20 50 put to 10/18 for added 1.10 credit. Thanks @honkhonk81 for original idea.
$EXAS STO 9/20 109 calls at 1.05
$ZYNE 17.5 call Covered
$NFLX 375 call covered (covered for $16.2 per contract but profit on stock reduced dramatically due to subscriber miss) Will rethink keeping $NFLX stock. Been profitable selling calls but the drop a wake up call.
$PYX 22.5 covered call
$LABU 52 and 49 covered call
$EXAS 120 covered call
$SQ 83 covered call
$HIIQ 33 covered call
$ISRG 500/525/530 jade lizard STO 2.84. Thank you lizard master @fuzzballl
$URI 125/135 BUCS Total loss, did not close before earnings. Went from a 50% of max profit to total loss overnight.
$FIVE 125/130 BUPS
$NVDA 140/145/175/190 IC STO at $1.57 Thank you @ramie77
$SPX 2845/2865/2970/2990 1DTE STO at 1.10 Thank you @jeffcp66
$BA 320/330 BUPS Thanks again @ramie77
$ISRG 480/500 BUCS Remaining position. BTO at $10.
$ADBE 272.50/277.50 BUCS / STO 267.50 put (Limping Lizard earnings trade) Thanks for all the education from the reptilians out there, especially @fuzzballl
$KNX 30 put
$SQ 65 put Thank you @thomberg1201
$CTL 10 put Thank you @ramie77
$ARWR 18 put
$DHI 44 put
$CLX 145 put
$WK 60 call Covered
$ARWR 19 call Stock called away
$EVTC 30 call Stock called away
$PYX 22.5 call covered – wish it wasn’t
$AMZN 1980 $GOOGL 1190 $NFLX 370 All long calls. All capital gone. When will I ever learn. Do not BUY calls
$FL 50/55 BUPS Total Loss STO at $2.20
Closed Early $SPX 6/26 2960/2985 BECS at 7.50. STO at 1.50
Everyone have a delightful weekend. Thanks for all the help you share. May we all have a sumptuous summer.
(A little alliteration) @jeffcp66 Thank you for founding this site for a foundling like me. I love beer on Friday’s. 😉
#OptionsExpiration – Just one. A nice chunk of EWZ stock called away for a small gain…
EWZ stock called away @ 40.0 (basis 39.41)
#optionsexpiration and actually these are for next week, I rolled everything today.
Sorry I have not had time to post for anyone that was following trades. I will do a better job of at least a weekly update. That is how I trade. 95% of my trades are on Thurs. so a weekly update should keep things up to date.
/ES 62 DTE 2610/2605 back ratio has made a few $. It’s real purpose is to guard against a 2/6/18 or 8/24/15 event. Hope I don’t need it but would get a lot of cash then. However like an insurance policy I expect to lose on this.
LABU 45 cc at 44.25 cb and 40 cc at 37.13 and another batch of 40 cc at 38.42
TNA 60 cc at 59.69
TQQQ 63 cc at 62.15
AMAT 22 DTE 42 CC at 41.04. Assigned off a 43 put but had some credits as a cushion
EOG 92.5/90 rolled down to 87.5/87.5 for a little debit. Cost basis 15.44 but because I had made some on the longs it put some cash back in the account.
GILD 65/65 rolled next week for 0.29 credit. Cost basis 5.91. Should not be too much longer for a free trade.
LNG 67.5/67.5 rolled for 0.34 credit. Cost basis 9.99 down from 15.57 at onset only 4 weeks ago.
XBI 80/80/85 rolled for 0.70 and cb 5.57
XBI 80/85 cb 12.50. This is a new batch we are doing live as an experiment. Avg. about 4% cost reduction per week. With monthlies it is larger about 6-8% but the theta decay is slower. 6% per month is 96% per year.
GILD 65/65 rolled for 0.28 for cb of 3.78. Freebie soon I hope 🙂 but this is also an experiment that will be taken all the way to expiration in 2021.
GILD 65/65 rolled for 0.28 at 6.45. Same as above but this is tracking the compounded addition of contracts as the rolls spit off cash.
IBB 103.5 rolled down to 102/102/102.5 for total credit of 0.84. This has been recovered all the way from 107/109 strikes. Shows the flexibility of the #jadelizard as a tactic for adjustments.
IWM rolled down from 150 to 149/149/149.5. Reduced debit from 2.11 to 1.63 as I have recovered this from 155/157 strikes. I gave back a little credit to reduce margin.
SQ 63.5/63.5/64 rolled for total credit of 2.19. Looks like it found a bottom.
XBI 81.5 rolled down to 81/81/81.5 for total credit of 2.35.
LNG 64/64/64.5 rolled down from 66 for 1.68 total credit.
Once I can close a few of these, hopefully next week, will start some 21 DTE #lizardpies and create ladders. Some of them will be skewed to downside to just have steady income with every expiration and let them expire each week. Add new ones every Monday or Thurs.
Stay nimble, I suspect there is more volatility ahead but take advantage of the increased premiums 🙂
Here is an example of a 22 DTE #lizardpies I am looking at.
7 points of downside protection. No risk to upside. Income over 3 weeks, can probably close early for 50% or more profit.
$NFLX 365 call
$TNDM 69 call
$GOOS 49 call
$AAPL 190 call
Blessed are those who gave their lives for their country
Have a safe Memorial Day weekend and thank you to all the Veteran’s amongst us.
#OptionsExpiration – Actually had a couple today…
T Stock called away at 31.50 (basis 30.69)
UVXY 40 Calls (sold for 1.40 and 2.70)
$TNDM 70 calls (covered)
$TNDM 70 puts
$JD 32 calls
$NVTA 22.5 and 25 calls
$GOOS 55 calls (covered)
$CLX 150 calls (covered)
$PYX 20 calls (covered)
$HIIQ 25 calls (covered)
$SPX 5/17 2775/2795/2895/2915 IC
$ROKU 50/55 BUPS
Expired Full Loss
$NYT 26/29 BECS STO at 2.80 Apparently fake news sells 😉
$NVDA 175/180 BUPS STO at 1.68
$BABA 175/180 BUPS STO at 1.75
$TSLA 245/250 BUPS STO at 1.95
$JD 32/35 BUCS BTO at .85
$PANW 240/260 BUCS BTO at 7.80
$WYNN 135/145 BUCS BTO at 2.20
$HIIQ BTC 5/17 30 call and STO 6/21 28 call at 1.25 credit. Price at 23.72
$LABU BTC 5/17 45 call and STO 5/24 47 call at .40 credit. Price at 43.30
$EVTC BTC 5/17 25 call and STO 6/21 30 call at 2.30 debit. Price at 28.11
$BURL Called away at 162.50. Originally assigned at 167.50 on earnings trade. Over last three months wrote calls against for 7.00 per share. Worked out. Need luck and perseverance. I know my perseverance reserve is low and my luck not dependable. 😉
$SFLY Called away at 42.50.
Everyone have a restful weekend. I need it. All the best to all at THE Bistro.
Assigned this morning stock $2000 (Yikes) Fortunately stock had a good day and I could close
the 5/3 1190/2000 BUPS at .50 per contract less than a total loss. Sold on 4/30
$CVX STO 5/10 119 call at .78. Sold against 5/17 long 125 calls. The 5/3 120 calls expired. Sold for 1.52. If this expires the losing trade (so far) of the long call will be reduced by 2.30. They were bought for $3. And another week possible.
$LABU BTC 5/3 50 call and STO 5/10 51 call at 1.45 added credit (Covered) Thank you @hcgdavis.
$SFIX 28 call (covered)
$FB 195 calls
$FB 195 calls (covered)
$XLNX Assigned at 128. STO 4/26 128 put at 2.30 before earnings. Stock now at 118.93. Will cover.
$NFLX STO 5/17 350/355 BUPS at 1.35
$TSLA STO 5/17 245/250 BUPS at 1.95 Hope I was early, not wrong.
$HIIQ 31 calls (covered)
$SFLY 42.5 calls (covered)
$BEAT 60 calls (covered)
$LABU 58.5 calls (covered)
$DELL 57.5 puts
$AMZN 1470/1490 BUPS
$AMZN 1840/1845 BUPS
$CMG 720/730 BECS
$PYX 25 puts
$HIIQ 39 and 40 puts
Thanks to all that make this forum compelling.
Have a Joyous Easter, a Happy Passover or just a plain fantastic weekend. Or choose all THREE! 😉
EOG will call out today at 97 with cost basis of 96.14
LNG 67 put rolled up to 68 and next week for 0.66 credit. Total credit now 1.22.
TQQQ batch 1 54.5 cc being assigned with cost basis of 56.39 for 1.89 loss. Was a lot worse in Jan.
LNG batch 2 67.5 rolled up to 68 and out to next week for 0.55 credit.
TNA 62.5 put rolled to next week and 65.5 for 0.85 credit
EXAS is expiring for 0.62 credit per contract. I was trying to close it but the MM are being greedy. The spread on the put is 0-3.90 and they are not moving. I tried to roll/close for 0.2 but no dice. Ok, I will let it expire for full credit and not pay commission.
EXPE 113/130/131 decaying well. 1 more week should be able to close roll at 50%.
Looks like the largest theta decay on some of these OTM strangles/jade lizards occurs from 28 to 14 days. For instance the 113 put on EXPE is going for 1.25, 21 DTE 1 and 14 DTE 0.20. I may start looking at these from 21 or 28 days down to 14 days to recycle capital faster.
#OptionsExpiration – Just a couple. Letting some stock go for nice gains. Need a pullback to get back in with dwindling inventory.
TNA called away @ 60.0 (basis 55.95)
TQQQ called away @ 50.0 (basis 44.10)
EOG batch 2 assigned at 89 at a cost basis of 92.63. This is a small account and I plan to take it to spreads to juice returns so just wanted to take the loss so I can redeploy capital on Monday.
EOG batch 1 I rolled up to the 97 cc for next week at 6.75 and after selling the 97 for 1.35 cost basis 96.14. I never figured out why it spiked so much yesterday?
FAS 57 cc assigned at cb of 54.20.
ERX 23 cc rolled 2 weeks for 0.5 credit. Cb 21.81
LNG 4/12 67 put sold for 0.54 yesterday.
EXPE rolled on 4/3 to 37 DTE 113/130/131 for additional credit. Total credit now 3.84 per contract
EXAS STO the 89 put for 4/12 for 1.01, then converted to #jadelizard yesterday 89/89/90 for another 0.6 credit.
SMH closed 4/3 for 0.45 credit per contract
JPM closed 4/4 for 1.08 credit per contract
SQ rolled out to 4/12 for 1.26 credit at 76/76/76.5 strikes. cb 74.74 if assigned.
TNA 60 rolled to 4/12 62.5/62.5/63 for 1.1 credit.
GILD 65/65 cb at 6.39
GILD 65/65 rolled out 37 DTE yesterday for 1.07 credit. Cb now 7.34
1 more week of surgical recovery then back to work but trading full time the last few weeks has been more than I would make at work so good to know for retirement. However, I am really looking forward to some solid food!
LABU Stock called away at 54. Out at breakeven but considering I got the stock at 60 and rode it down to 23 I’ll take it!
UVXY 42.0 Calls (sold for 1.08)
$SFIX 29.5 call
$TSLA 300/290 BECS
Have a great weekend
#optionsexpiration and position updates.
I was hoping for a reversal today, but alas I was never able to get short. But the run has brought 2 accounts very close to all time highs and 1 of them had some SVXY crap in them so that is a good thing.
EOG 90.5 cc at cost basis of 91.79. Assigned off 96 put 2 weeks ago. Closes next week, nit sure if I will roll or let call out. I could use the money elsewhere.
EOG second batch 89 call at 92.63. Same idea.
TRIP 52.5 cc rolled down to 8 DTE 52 for 51.78. I will let assign if ITM
ERX 8 DTE 23 cc at 22.31. Will assign if ITM
TQQQ 54.5 CC at 56.39 cost basis. A pullback would be helpful
FAS 57 cc at 54.20. Will let assign next week.
TQQQ 53.5 cc at 56.75
TQQQ 55 cc at 53.79
EXPE 36 DTE 115/131/132 at 2.31 credit
SMH 36 DTE 100.5/110/111 for 1.38 credit
GILD 65/65 at 8.41
XBI 80/80/91.5 at 11.74
GILD 67.5/67.5 rolled down 22 DTE for 0.28 debit so now cost basis is 6.39.
Ok, just about finished with taxes which is my yearly review of every trade I did the previous year.
SVXY was a complete debacle.
#fuzzy held up the best during the correction but I am still most consistent with #pietrades. However, looks like the #lizardpies may actually be better, especially when selling the ATM straddle. That is the most amount of income you can collect. Then the long call option prevents losses to the upside. I will be doing more of these on a weekly basis.
In fact, I have a lot of time at the moment and found some Tasty trade research (recent) that confirms it. Less volatile returns than even strangles.
If you are in a hurry the slides will sum it up. Almost stayed flat during the 2008-2009 market, certainly beat every other tactic.
Moved some money so hopefully some directional opportunities tomorrow.
$AMRN 16 put
$HIIQ 31 and 33 puts Thank you @honkhonk81
$EVTC 30 puts
$TNDM 59.50 puts
$NTNX 35 put Thank you @honkhonk81
$AVGO 260/265/267.5 #BrokenWingButterfly (calls), exercising for 2.20 credit (bought for 1.65).
$ADBE 245/250/280/285 condors, sold for 1.20 yesterday. Thank you @jeffcp66 for both.
$NFLX 325/335 BUPS STO Valentine’s Day for 2.50.
Lost My Shirt Much too much patience. Threw away rabbit’s foot and four leaf clover. We will see what happens
$GOOGL 1180/1160 BECS STO 2/28 for 3.10
$LULU 145/155 BUCS BTO at 4.75 on 2/5
$TNDM BTC 3/15 70 call and STO 3/22 73 call at $1 cost. Stock at 73.14
$HIIQ BTC 3/15 40 put and STO 3/22 40 put at $1.30 credit. Stock at 34.17
Have a great and green weekend, and a greener remainder of the year. If you drink, do not trade! 😉
#Earnings #DoubleCalendar Sold to close $SFIX Mar 22nd 25 calls for 6.80. Waited since Wednesday for this to bounce meaningfully above 32.00, but it didn’t. So I lost a few extra cents on closing, since I covered the short puts and stock for 6.90.
Sold final batch of $ORCL 53 dub cals for .80. Also legged out of a couple to get .85 total. Never has there been a more perfect Friday for a double calendar. Bought for .23 & .24 yesterday.
Bought to close $INTC Mar 15th 50 #CoveredCalls for 4.30 to avoid assignment. Will replace with new calls or sell stock next week.
$AVGO 260/265/267.5 #BrokenWingButterfly (calls), exercising for 2.50 credit (bought for 1.70 yesterday).
$ADBE 245/250/280/285 condors, sold for 1.12 yesterday.
$SPX 2755/2775-2835/2855 condors, sold yesterday for .75
$HIIQ STO 3/15 40 put at 2.81