#rolling WDC
Rolled ITM 55 covered calls from Aug. 16 to Aug. 23 for 1.04.
Tag Archives: Rolling
#earnings #rolling ANET pain August…
#rolling ROKU Rolled Sept. 20…
#rolling ROKU
Rolled Sept. 20 60 put to 90 for 1.34, put is from 60/140 earnings strangle. ROKU is at 120.
NUGT’s up
#ContangoETFs NUGT is reaching highest levels since Sept 2017. These are my first sales where I am #Rolling from stopped 35 calls.
Sold $NUGT Jan 2020 50 calls for 5.75.
UBER closed
#Earnings #Rolling #ShortStrangles
BTC $UBER Aug 2nd 41 put for .05. Leaving the call to expire.
41/47 strangles sold for .85 on July 12th. This was my fourth strangle and has me breaking even from busted earnings long straddle. UBER is definitely NOT a mover. I’ll wait for earnings and then consider whether to keep the strangles as an ongoing strategy.
SWK roll
#Earnings #Rolling My earnings condor is a bust, with the 148/150 call side set to expire ITM, which will be a 2.00 debit, against the .80- credit for selling it on Tuesday. So I’m trying a one-week move to breakeven.
Sold $SWK Aug 2 148/150-152.5/155 condors for 1.30. If we can hold tight enough to expire I should come out flat after accounting for commissions.
SPX roll
Uber strangle
UBER strangle closed
UBER rolling continues
Closed AVGO
AVGO roll
#Earnings #Rolling Sold $AVGO June 21st 267.5/262.5 put spreads for 2.40.
I have the 270/267.5 put spread expiring today, so at the moment it will be max loss of 2.50. So I rolled to next week, going down ne stark and also widening to 5.
But it is rallying now so loss may be less than 2.50. I wanted to sell the roll before its price dropped much more.
SPX roll
UBER bad
#Earnings So much for my speculative play of a #LongStraddle. Seem like the stock really likes 40. Nonetheless it did bounce around today but was unable to sell at the best times because other commitments had me running around the house and town too much.
Sold $UBER 40 straddle for .45. Bought yesterday for 3.15
#Rolling: Sold $UBER Jun 14th 37/43 #ShortStrangle for 1.00. See if I can work that three times and get back the losses.
That loss erases my decent win on $ANF straddle, leaving me flat for the week.
Also, Sold to close $DG call calendar for .10. Bought #DoubleCalendar for .39 on Wednesday. Long 118 put as lottery ticket for next week.
SPX duck, stop and roll
GOOGL it
#Earnings #Rolling #revengetrade
Sold $GOOGL May 17th 1220/1210 put spreads for 7.75. Replacing my fully ITM spread of the same strikes expiring today.
SPX rolling
#earnings #rolling TWTR Yesterday sold…
Closed Early SPX OKTA LULU / Rolled TNDM / Short Calls GOOS
#spxcampaign
BTC 4/12 2935/2019 BECS at 2.00 STO at 3.41 Thank you @jeffcp66
BTC 5/17 75 put at .80. STO 1/22 at 7.70. Thank you @jsd501 for following the chart and sharing.
$LULU BTC 4/18 170/175 BECS at .80. STO 3/28 at 2.18
#rolling
#shortputs
$TNDM BTC 4/12 68.50 and STO 4/18 68.50 put for additional .53 credit
#shortcalls
$GOOS STO 4/12 49 call at .60 (covered)
#earnings #rolling EA Rolled an…
BURL TQQQ Roll / SFLY Covered Call
#rolling
$BURL BTC 4/5 155 call and STO 4/18 160 call at .03 debit. Stock at 156.50
$TQQQ BTC 4/18/56 call and STO 5/17 58 call at .35 added credit. Sold against 1/2020 66.67 call. Stock at 60.48
#shortcalls
$SFLY STO 4/18 42.50 call at .60 (Covered)
SPX roll
SPX 27-dte roll
Expiration / Lost My Shirt GOOGL LULU/ Rolled HIIQ Puts TNDM Calls
#optionsexpiration
$AMRN 16 put
$HIIQ 31 and 33 puts Thank you @honkhonk81
$EVTC 30 puts
$PYX 25Puts
$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.
#optionsexpiration
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
#rolling
$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! 😉
Short Puts NTNX HIIQ / Assigned BURL / Rolled SOXL Calls
#shortputs
$NTNX STO 3/15 35 put at 1.00 Thank you @honkhonk81
$HIIQ STO 3/15 39 put at 2.30 I am being goosed along by @honkhonk81. Thank you my feathered friend.
#assignment
$BURL Assigned shares at 165 and 167.5 via a bullish trade on earnings. Stock currently at 143.52. Plan to sell calls if stock stabilizes. Right now it looks to be made of lead.
#rolling
$SOXL BTC 5/17 100 call and STO 5/17 125 call at even. Stock currently at 117
SPX 4-dte stopped
#SPX1dte Stopped $SPX March 8th 2720/2700 put spreads for 2.10. Condors sold Monday for 2.03 as a roll.
Expected move breached this morning so this is too risky to hold longer. Was able to get out near break-even on the bounce. I’ll let the 2830/2850 call side expire.
Expired SPX / Roll SQ BUPS / Closed NVDA Strangle
#optionsexpiration
$SPX 2740/2760/2830/2810 IC 1 DTE Thank you @jeffcp66
$NFLX 370 calls (covered)
#rolling
$SQ BTC 4/18 60/70 BUPS and STO 4/18 65/75 BUPS for added a.12 credit. Thank you @ramie77
#earnings
$NVDA BTC 3/15 120/185 straddle @ .20 STO 2/14 for 1.74 Thank you @thomberg1201
Rolling LABU Covered Calls
#rolling
$LABU BTC 2/15 51.5 call and STO 2/22 54 call at .16 credit
SPX roll
FB Roll
This seems like a stretch but I will watch closely
#rolling
$FB BTC 2/1 152.50 call and STO 2/15 165 call at 9.70 debit but would gain 12.50 if called away.
EXAS Short Puts / Close T Short Puts / Roll PVTLCalls / Buy AMZN Calls
#shortputs
$EXAS STO 2/8 85 put @ 1.05
$T BTC 2/15 29 put at .20 STO 1/3 at 1.20
#rolling
$PVTL BTC 2/15 18 call and STO 3/15 19 call for .40 added credit. Covered
#longcalls
$AMZN BTO 2/1 1695 calls at 44
#rolling, adjustments, and new trades…
#rolling, adjustments, and new trades
#fuzzy
MU rolled the 35/35 out 16 DTE for 0.5 credit. Cb now 14.30
WDC 40/40 rolled out 9 DTE for 0.33 credit. Cb now 17.71
I was going to close these at a loss but figure if I can get at least 0.25 per roll will keep rolling to generate cash and lower cost basis. 10 contracts each so decent income.
#pietrades
SQ STO the 9 DTE Feb 8-9 68 put for 1.53. Decided not to jade lizard until after FOMC and see what the market does. If we gap up I will sell the CCS once it has a top or range.
FOMC must have just released up 10 more on /ES. I may #jadelizard SQ into the close if it slows down to the upside.
After 4-5 months of crap trading, finally making some income/cash and money again but I still have a long way to go to recover the SVXY fiasco.
#earnings #rolling LRCX Jan. 23…
#shortstrangles GM Sold Jan. 18,…
#shortstrangles GM #rolling #shortputs AA
GM Sold Jan. 18, 33/38 strangle for 1.17.
AA rolled Jan. 38 put to February for .15, AA is at 29.
#rolling #coveredcalls WYNN Rolled Dec….
#rolling #coveredcalls WYNN
Rolled Dec. 7, 106 call to Dec. 21 for .65. WYNN is up 11 to 120.
#coveredputs #shortstock #rolling CLR Nov….
#coveredputs #shortstock #rolling CLR
Nov. 14, sold short 100 shares at 45.94. Nov. 15 sold a Nov. 23, 46 put for .60, Nov. 20 rolled it to Nov. 30 for 2.56, rolled it today to Dec. 7, have net 185 in premium, CLR is at 44.33.
#shortputspread #rolling WYNN woes Beside…
#shortputspread #rolling WYNN woes
Besides being assigned shares at an outrageous basis, I have a Dec. 21 110/120 put spread that was meant to help me out, has been rolled up and out. Ex-div day is next week, don’t want any more underwater shares, so just in case I rolled to January and paid a debit of .50 for the privilege. Expanding the spread by 5 points would bring in about 2.50.
A short 110 call expires in a few minutes. I recommend they reprogram the slots and lower the payback rate.
#earnings #rolling TEVA October 31,…
Friday clean up
Had some things expiring and others just out of time value so #rolling, closing, adjusting.
TQQQ CC 63 rolled out to 42 DTE and down to 61 for 1.55 credit. CB now 59.10.
TQQQ lot 2 CC 63 same as above. Cb now 59.45.
QQQ 7 DTE 150/155 #supercharger sold to close for 4.92. Bought for 4.52 so about $132 profit on a 3 lot.
New TQQQ #supercharger 21 DTE 40/45 bought for 4.50.
Now just sitting on my hands until next week. Wish I had time to trade /NQ this morning, that would have been profitable.
Have a great weekend 🙂
#shortputs #rolling Z Oct. 1…
#shortputs #rolling #shortstraddle Z
Oct. 1 sold a 35/50 strangle in Z, big drop after earnings, rolled the 35 put to Dec. 21 for .55, sold Dec. 35 call for .70, stock is at 30
PYPL and SOXL
#SyntheticCoveredCalls BTC $PYPL Nov 2nd 88 calls for .11. Sold for 1.20 on Oct 19th.
#ContagoETFs BTC $SOXL Dec 85 put for 9.00.
#Rolling Sold $SOXL May 65 put for 9.25
#rolling and recovery Scalped a…
#rolling and recovery
Scalped a few more trades on /NQ and gave back my gains. But learned that 15 min and 30 minute chart is probably ideal for scalping. 1 and 5 minute too much chop. I will be adding some more directional trades and using my tools.
#fuzzy
XBI 80/97 rolled to 80/90 for 0.49 credit. Cb 17.84
LNG 50/66.5 rolled to 22 DTE 65 for 0.49 credit. Cb 17.84
XBI lot 1,2,3 closed for losses totaling 620. With only until Jan 2019 and hardly any cash in this account did not think it was worth trying to recover and losing more.
#pietrades
LNG Lot 1 66 cc rolled down to 65 and 43 DTE for 0.83 credit. Cb 60.99
LNG lot 2 66 cc rolled the same for 0.9 credit. cb 61.00
#supercharger all I had left for in this tiny IRA.
QQQ 22 DTE 150/155 for 4.53. Will have to manage if we drop more.
#shortstock #shortputs #rolling #closing MRO…
#shortstock #shortputs #rolling #closing MRO
Sept. 10 sold short 100 shares @ 20.40 and MRO started going up. Bought to cover today for 19.66 after rolling an Oct. 26, 20.50 put to Nov. 23, 20 put for .30, making me long MRO.
What are you guys doing?!…
What are you guys doing?! I go mt bike for 2 hours and the market is melting down again.
#rolling and adjusting. Everything hedged so not too bad on paper, still waiting for a ton of short options to decay but the volatility is keeping the prices up. Good for when I can roll.
/CL I had a stop loss on the strangle and it must have triggered early in the morning when oil was down 2. Lost $750 as it closed at 0.87. Re-entered 57 DTE strangle but went wider, delta 4s and sold the 55/86 strangle at 0.28.
LNG lot 1 66 cc rolled out 22 DTE for 1.25. Cb now 61.28
LNG lot 2 66 CC rolled out 22 DTE for 1.24 credit. Cb 62.39
#fuzzy
XBI 87/95 2019 LEAP rolled out to 43 DTE for 0.28 credit. Cb now 4.05.
Sitting on my hands for another 1-3 weeks, then big expirations which should free up a lot of cash. Hopefully things stay on sale:)
Hope everyone is doing well and making some $ on the volatility.
#shortputs #rolling NKTR Rolled Oct….
#shortputs #rolling NKTR
Rolled Oct. 19, 60 put to Nov. 19 for 3.88, NKTR down over 4 points today, looking like a #fallingknife candidate.
My square rolls as well as any circle would
#rolling EOG rolled 115 put…
EOG rolled 115 put 18 DTE out to 39 DTE for 0.83 credit. Cost basis now 9.13 and still have 68 weeks to manage. I may unhinge this one and just be short the puts if it keeps moving up.
MU trade from Friday did not have time to post. Rolled 50 call from 8 DTE out to 39 for 0.60 credit. Cost basis now 9.1 and same as above 68 weeks left to sell options.
Covered Calls
#CoveredCallCampaign
#Rolling $BABA hit 170 in the pre-market; I closed one of two calls I had at the 170 strike. Kept the other.
BTC BABA Sep 28th 170 call for 1.95. Sold for 1.55 on Sept 12th
#Rolling Sold BABA Oct 5th 175 call for 1.60
BTC $SQ Oct 5th 97 covered calls for .25. Sold for 2.45 on Sept 13th
Sold $MU Sept 28th 45 covered call for .90. I also am still long Oct 5th 45 calls.
BTC $OLED Sept 21st 122 covered call for .40. Sold for 1.50 last Friday.
Sold Sept 28th 124 call for 1.65.
#shortputs #rolling DUST rolled Sept….
#shortputs #rolling DUST
rolled Sept. 21, 42.50 put to Sept. 28 for .82, originally sold for 1.73 on Aug. 13, DUST is at 40.34.
GOOGL supercharger rolled
#SuperCharger Sold $GOOGL Sep 28th 1155/1165 bull call spreads for 6.50. Bought for 6.99 last Monday.
#Rolling Bought GOOGL Oct 5th 1140/1150 call spreads for 6.85.
I’m getting leery, however, of staying long anything.
AAPL call roll
#CoveredCallCampaign BTC $AAPL Sep 28th 227.5 covered calls for 3.55. Sold for 3.60 on Tuesday, so broke even and covered commissions.
#Rolling Sold AAPL Oct 5th 230 calls for 3.60.
#coveredcalls #rolling WYNN Rolled Sept….
#coveredcalls #rolling WYNN
Rolled Sept. 21, 150 call to Sept. 21, 135 call for 1.39, cost basis down to 146, but WYNN is down to 128, not the way it is supposed to go.
More stops
#Rolling #Earnings #CoveredCallCampaign
Had to stop two rolls I made yesterday. I have not re-rolled them, as I’m going to wait for things to settle down and choose my positions carefully.
BTC $FB Oct 5th 165 puts for 6.17.
BTC $RH Sep 28th 129 puts for 7.25.
My IB software has been funky on trade history so I don’t have sale prices handy.
Trades today
Had to make a few rolls today:
Rolled $FB Sep 14th 170 puts to Oct 5th 165 puts, .10 credit.
Closed $FB Sep 14th 182.5 calls for .20
#Earnings #Rolling Rolled $RH Sep 7th 135 puts to Sep 28th 129 puts, .40 credit.
#CoveredCallCampaign Sold $BABA Sep 21st 177.5 covered call for 1.54 (what’s happening to BABA?)
#PieTrades Sold $AMAT Sep 14th 42.5 covered call for .72
#ContangoETFs Sold $DUST Nov 60 call for 1.95
#shortputs SCCO Sold Nov. 16,…
#shortputs SCCO #rolling WDC
SCCO Sold Nov. 16, 40 put for .85
WDC rolled Sept. 75 put to October for .46.
Exit TSLA
#Earnings #Rolling Bought to close $THA Sep 7th 300/327.5 strangles for 10.35. Sold on Tuesday for 9.65. Exiting since my put side was breached. Fortunately theta worked in my favor for 2 days so the loss is small. My broker upped margin requirements on TSLA so this was a big chunk of buying power. I’ll leave TSLA alone for a few days and reconsider.
Strangling TSLA again
#Earnings #Rolling Seems to have found a range, so after last week’s successful trade I’m trying again.
Yesterday, sold $TSLA Sp 7th 300/327.5 strangles for 9.65.
Other than that, my main work has been trying to stay ahead of #CoveredCalls in $AAPL, $PYPL and $SQ. It’s nice to be long all of these but selling calls is a bitch! I keep having to stop out and roll.
Rolling OLED, all the kids are doing it
#Rolling #CoveredCalls
BTC $OLED Aug 24th 122 call for .45. Sold for 1.65 on Aug 16th.
STO $OLED Aug 31st 124 covered call for 1.50.
No expirations, have a good weekend all!
TSLA strangle
#pietrades, #rolling, #hedge On vacation…
On vacation this week but home so still doing some trading.
Let’s get the crap out of the way first. Sorry to anyone who followed AMAT. Loss on the last earnings 12 weeks ago. Almost worked it back to even but they beat last week but still punished so break even or near break even is now a loss again. I mostly had these in small accounts so am closing so I can use the money on something more effective. BTC all the 47 call options for pennies, 0.03. Sold the stock at 43.06 and 43.09. Total losses (not per contract) of $588 on lot 1 and $558 on lot 2. Not bad considering it was down over $2000 initially. Rolling helps but the reason I am closing it is this: as it dropped below $50 the premiums dried up. ATM 1 week out is only 0.4-0.5. Not enough for #pietrades. Second reason is after 14 weeks of not being able to break even, time to move on. Like GM this is off the #pietrade list for a while. If you can’t bring in more than 0.5-1% per week, not worth #pietrade.
STC the SPX 2550 calendar hedge for 0.55. So a 1 month hedge only cost 0.65. I will continue playing with these but doubt I will always have a hedge. Maybe easier to just short some /ES futures when needed.
Rest are updates, rolls, new trades.
#fuzzies
MU LEAP 55/50 8 DTE cb at 11.26. At least MU found a base.
WDC LEAP 60/ 65 29 DTE cb at 17.78. Looks like finding new range in the 60-70 area.
EOG LEAP 115/115 29 DTE cb at 11.2.
XBI LEAP 87/95 and 95/95 rolled out to 22 DTE for 0.72 credit. cb now 6.8 and 3.32. Should be free trades soon.
#pietrades
LABU 8 DTE 85 put for 1.9, cb 83.10 if assigned. Good support at 85.
TQQQ lot 1 65 cc rolled to next week 65.5 cc for 0.20 credit. Cb 62.78
TQQQ lot 2 65 CC cb 63.23, new trade, small account only 1-2 contracts
TQQQ lot 3 65 cc rolled to next week 65.5 for 0.25 credit. Cb now 62.98
TQQQ lot 4 66 CC cb 65.02 new trade.
TQQQ lot 5 65 cc cb 63.90
Looks like a lot of TQQQ but each account only 1-2 contracts, I am diversified elsewhere. However I have noticed that my more concentrated accounts are doing much better. Better to be a specialist than a general practitioner like me, at least for trading. Also have noticed the more you get direction right, the better the non directional trades do better. Will keep working on being better at directional bias.
A few other changes. No more #pietrades on earnings. Last 5 out of 8 went bad and basically flattened my equity curve for the last 4 months. Would have done much better without those. If I do them will use spreads in advance. Without those 5 losing earnings trades I could have paid off my wife’s car.
Converting deep ITM #pietrades into #fuzzy is a very effective risk reduction tool. Allows you to limit margin but also keep selling premium weekly and looking at 100% returns over 6 months if I keep them going. Probably best tactic for small accounts.
I will be moving most of the #pietrades over to ETFs and leveraged products to avoid the single ticker risk. The ladder idea works well for this 45 DTE and closing/rolling after 3 weeks.
Covered Call type of morning in PDX
Back home at last… slept well so keeping jet lag at bay!
#CoveredCallCampaign #SyntheticCoveredCalls Since I’ve been trading lighter I mostly only have long stock and long #LEAPs positions. Looking for new entries… who’s got something?
Wednesday I was over the Pacific without enough WiFi megabytes to trade, so fortunately the market didn’t do much.
Tuesday: BTC $SQ 75 calls for 1.55. Small loss. #StrangleRoll: Sold Aug 31st 73.5/78.5 strangles for 1.95.
Tuesday: BTC SQ Aug 24th 76 call for 1.16 & Aug 31st 76 call for 1.96. Breakeven combining the two.
Today: #Rolling Sold SQ Sep 7th 79 call for 1.55; sold Sept 7th 80 call for 1.50
Today: Sold $BABA Sep 14th 195 Covered Call for 1.50
Tuesday: Rolled $AAPL Aug 24th 202.5 #CoveredCalls to Aug 31st 205 covered calls, breakeven. Still underwater on this one but managing to creep my strike up.
Today: Sold $FB Sep 14th 182.5 covered call for 1.45.
Today: Sold $AMAT Aug 31st 43 covered call for .80. This #PieTrade is a stinker… not much premium to work with.
TSLA rolling
#Rolling. A fun experiment trying to tame this ridiculous stock. Don’t try this at home.
BTC $TSLA Aug 24th 260/320 strangles for 8.90. Sold for 6.90 yesterday.
Sold TSLA Aug 24th 312.5/335 strangles for 9.75.
Sticking with this Friday’s expiration. Going to bed now.. can’t wait to see where this one is when I check the market at 4am.
TSLA 5-day strangle
TSLA dump
#Earnings #Rolling Forced to close out my strange… the stock way overshot my target range of the 330’s on Friday.
BTC $TSLA Aug 24th 332.5/340 strangles for 31.28. Sold for 18.60 on Wednesday.
This is an ongoing roll campaign… should have just stuck with the short calls, but I didn’t think the drop would be this fast so the puts became the problem. Will decide how to reposition next week.
#rolling With the drop yesterday…
With the drop yesterday can pretty much roll everything instead of letting call out or assign. Bad few weeks for MU and WDC down 11 and 14% respectively. They were converted to #fuzzies so a little easier to manage now but this is the only account showing a drop.
New trade STO SQ next week 70 put for 0.95.
MU 55 leap 50 call rolled a yesterday dropping cost basis to 11.26
WDC 60 leap 65 call rolled yesterday dropping cb to 18.01
EOG 115 put 36 DTE was challenged yesterday. Cost basis 113.2 if assigned.
This made me realize an easier way to manage deep ITM #pietrades is to convert it to a put leap #fuzzy. Takes out the margin requirement. If keeps dropping can manage it to a put diagonal. If reverses can either add a call side or keep rolling the put up. As you do that the margin requirement will increase but still much less than naked puts. If I had done this with MU and WDC instead of converting to the call side I would be making $ now. With any leap strategy, the short option strike is what determines the profit loss at the expiration of the short option. Going forward I think this will be my preferred strategy but only for deep ITM puts (5 points or more). Otherwise will manage as a regular weekly #pietrade.
SPX hedge rolled next week 2550 short put out to 15 DTE for 0.6 credit. Hedge only costs 1.2 now and if we head to 2550 will still make 12k. Hope I don’t need it. Next month will use back ratio or risk twist.
TQQQ batch 1 65 cc expires tomorrow rolled to next week for 0.9 credit. cb now 62.98.
TQQQ batch 2 65 cc expires tomorrow rolled to next week for 0.9 credit. Cb now 63.23
AMAT batch 1 47 cc rolled out 2 weeks for 0.33. Cb 48.91. Few more weeks to cover it.
AMAT batch 2 47 cc rolled out 2 weeks for 0.31 credit. Cb now 45.88 and if I can’t get more than 0.5 on next roll will let it assign and move to another #pietrade
#fuzzy XBI 87 and 95 leaps with rolled the 96 and 96.5 short calls down to 95 for 15 DTE for 1.1 and 10.6 credits. Cb now 7.52 and 4.04 as they were separate batches.
TOS calculates diagonals weird. They are all showing a loss on the graph but nearly 20% reduction in cost in 1 month so make sure you keep track of your cost basis. In the end that is all that really matters with any trade.
Hope everyone is having a good week. Not much to do until next week now. At least I tripled my theta decay with all the rolls.
Wednesday Trades
#Earnings #Rolling Sold $TSLA Aug 24th 332.5/340 strangles for 18.60.
#CoveredCallCampaign Stopped $FB Aug 31st 180 puts for 3.40. Sold Sep 7th 172.5/187.5 #StrangleRoll for 3.07.
#ContangoETFs Stopped $GUSH Dec 32 put for 6.20. Sold for 5.05 in a strangle-roll months ago.
#StrangleRoll: Sold GUSH Dec 21/45 strangles x2 for 3.87.
Also, closed GUSH Sep 62 call for .10. Sold for 1.60.
#PieTrades BTC $OLED Aug 17th 120 call for .20. Sold for 2.00 on Friday.
BTC $MU Aug 24th 53 call for .10. Sold for .85 on Monday.
#shortputspread #rolling AVGO July 25…
#shortputspread #rolling AVGO ANET
July 25 sold an Aug. 17, 215/210 put spread for 1.00, thinking it was recovered from a 20 point post earnings drop, but that was temporary. Rolled today to September 21, 210/200 for .35 and issued an order for AVGO to rally into Sept. 9 earnings.
ANET sold Sept. 21 230/240 put spread for 1.39 after 8 point drop today to 262.
TSLA mgmt
Trades
Catching up on posting from the last 7 days…
TODAY (Monday)
#CoveredCallCampaign
Sold $AAPL Aug 24th 202.5 #CoveredCalls for 7.00. This replaces the Aug 17th 202.5 calls I closed last week for 7.40, to avoid being called away on the ex-div date. I’m rolling ITM calls after earnings trade got breached.
Sold $SQ Aug 24th 76 call for 1.25, and Aug 31st 76 calls for 1.23
#SyntheticCoveredCalls
Sold $PYPL Aug 31st 90 calls for 1.10. A roll-up from Aug 24th 87.5 calls stopped last week.
#PieTrades
Sold $MU Aug 24th 53 covered call for .85. #PieTrades
LAST WEEK
#Rolling #StrangleRoll $TSLA Aug 17th 332.5 calls to Aug 17th 332.5/335 strangles for .65 credit. Will roll soon to avoid early assignment.
#Earnings Bought $YELP Aug 10th 38.5 #LongStraddles for 4.94. Sold the calls next day for 9.95. This trade usually works on YELP.
Stopped $FB Aug 24th 187.5 covered calls for 3.85. Rolled to Aug 31st 180/195 strangles for 3.83. Looks like I got stopped at the top. #CoveredCallCampaign.
#PieTrades Rolled $AMAT Aug 10th 46.5 covered call to Aug 17th 46.5 for .30 credit.
#VXXGame Closed $VXX Sep 21st 50 call for .46. Sold for 5.65 on April 17th.
#ironcondor TSLA Sold Sept. 21…
#ironcondor TSLA #shortputs #rolling AAOI
TSLA Sold Sept. 21 235/245/420/430 for 1.27
AAOI Rolled Aug. 17, 40 put sold yesterday to September 18 for 1.76.
#dividends #shortcallspreads #rolling #earnings AAPL…
#dividends #shortcallspreads #rolling #earnings AAPL
I sold a Sept. 170/175/205/210 #ironcondor for AAPL earnings. AAPL is ex-div tomorrow, not certain someone would exercise the 205, but rolled it to Oct. 210/220 for .92
Avoiding #earnings #rolling WDC July…
Avoiding #earnings #rolling #shortputs WDC
July 9, sold 76 put for 1.23, rolled to September, 75 put for .92, earnings are July 26, WDC down a little over a dollar to 75 and change today.
#shortputs #rolling #pietrade DOCU rolled…
#shortputs #rolling #pietrade DOCU
rolled July 20, 55 put to August for 2.35, essentially even on the roll, DOCU is below 54
#shortputs #closing #rolling FEYE March…
#shortputs #closing #rolling FEYE
March 16 sold an April 20, 17 put for .43, rotten timing, rolled 5 times, closed today for a gain of .67, still have 300 underwater assigned shares from a few years ago
SPX trades
#SPXcampaign Closed $SPX July 20th 2685/2660 put spreads for .25. Sold in a #CondorRoll last week. The call side was stopped earlier this week. Rolled half of that into a put spread on Tuesday, and now the second half into this:
#Rolling. Sold $SPX July 25th 2830/2855 call spreads for 4.35.
So I’m presuming we will stall or pullback from here. We’ll see if I’m wrong next week!
Options Bistro 