STO. DAL 31 Jan 20 60 PUT @.36..
STO. NEM 31 Jan 20 43 PUT @.40..
Rolled SLB 17 Jan 39 Put to 21 FEB 37.5 PUT @.18 Credit….Jan 17 sold 1/3 @.60
One from yesterday
STO CAH 31 JAN 20 52 PUT @.50
Tag Archives: ShortPuts
ILMN LABU
Bought to Close ILMN JAN 24 2020 300.0 Put @ .25 (sold for 3.60)
Bought to Close LABU JAN 17 2020 50.0 Put @ .05 (sold for 1.45)
ULTA
#CoveredCalls #ShortPuts – My one bad position. Assigned stock at 315.00 after it tanked last quarter. Sold covered calls aggressively reducing basis to 287. Finally got caught in the never ending up market. Letting the stock go this week (maybe) at 240 and will resume the recovery with put selling to eventually get the 47 points back.
Sold ULTA FEB 7 2020 267.5 Put @ 3.40
SOXL
#ShortPuts – Bought to Close SOXL JAN 17 2020 230.0 Put @ .15 (sold for 3.20)
TNA
#ShortPuts – Bought to Close TNA JAN 17 2020 67.5 Put @ .05 (sold for 1.38)
TSLA
#ShortPuts – Staying in the week before earnings and rolling up for extra premium…
Rolled TSLA JAN 24 2020 425.0 Put to JAN 24 2020 480.0 Put @ 3.35 credit (7.35 total now)
EXAS
#ShortPuts – Missed this yesterday while out all day helping a friend move. Taking a starter now prior to earnings.
Sold EXAS FEB 14 2020 87.5 Put @ 2.20
LK Put Closed
#shortputs
$LK BTC 1/17 36 put at .05. STO at 1.35 on 1/8
LK TNA
#ShortPuts – Closing and opening…
LK:
Bought to Close LK FEB 7 2020 27.5 Puts @ .10 (sold for 1.10)
TNA: New starter position…
Sold TNA FEB 07 2020 67.5 Puts @ 1.32
ROKU Covered Call / MRVL EXAS LK GSX T Puts / EXAS Leap BUCS / Roll ZM ROKU Calls
#coveredcalls
$ROKU STO 1/17 137 call at 2.50
#shortputs
$MRVL STO 1/31 27 put at .50
$EXAS STO 3/20 82.50 put at 3.60. Thank you @jsd501
$LK STO 1/17 44.50 put at 1.10
$GSX STO 2/21 25 put at 3.00
$T STO 1/31 37.5 put at .55
#leaps #bucs
$EXAS BTO 90/100 BUCS at 4.80.
#coveredcalls
$ZM BTC 1/17 70 call and STO 1/31 75 call at 2.20 debit. Stock at 73.30
$ROKU BTC 1/17 152.50 call and STO 1/24 150 call at .98 added credit. Stock at 132.13
MELI BUCS Closed / TNDM BUCS Part Closed / EXAS Calls Rolled / SAVE Puts Rolled
#bucs
$MELI STC 1/17 605/620 BUCS at 14.50. BTO at 6.55 on 12/27. Thank you @jsd501. Great analysis.
$TNDM STC 1/17 60/79 BUCS at 6.50. BTO at 3.16 on 12/18.
#coveredcalls
$EXAS BTC 1/17 102 call and STO 1/31 105 call at .30 added credit. The stock dropped over 14 points today. Talk about pyrrhic victories.
#shortputs
$SAVE BTC 1/17 40 put and STO 2/21 40 put at added 1.40 credit.
#shortputs #closing SEDG Monday sold…
#shortputs #closing SEDG
Monday sold a 75 put for 1.00, bought today for .55.
Thanks to JSD501 for this trade!
NEO PUTS
#shortputs
$NEO STO 1/17 30 put at .60
LK Puts / SPX 3 DTE Closed
#shortputs
$LK STO 1/17 38 put at .70. Thank you @honkhonk81
#spxcampaign
$SPX BTC 1/13 3290/3315 BECS at 2.30. STO at 2.02. Price now at 1.55. Breathing better now. Thank you for your guidance @jeffcp66
ISRG
#ShortPuts – ISRG had a “pre-earnings announcement” last night. Guess that explains why the IV was so high in the week prior to earnings. The announcement was bullish so rolling short put up to grab a little more premium all in the week before earnings.
Rolled ISRG JAN 17 2020 550.0 Put to JAN 17 2020 587.5 Put @ 2.30 credit (5.10 total now)
AVGO
#ShortPuts – Other than TSLA and /GC this is the weakest one on my main watchlist today. Hanging on by a thread to a toppy looking chart. I’m selling at the 200ma and about a 4.5 percent divvy yield down there.
Sold AVGO JAN 31 2020 292.5 Put @ 3.10
NUGT Calls / Roll LABU Calls / Roll LK Puts
#coveredcalls
$NUGT STO 1/10 35 calls at .56. Wish I had sold stock first thing this morning. A lot slow on trigger.
$LABU BTC 1/10 56 calls and STO 1/17 58 calls at .31 credit. Stock at 58.07.
#shortputs
$LK BTC 1/10 35 puts and STO 1/17 36 puts at .88 credit. Stock at 39.46.
BA
#ShortPuts – Whiz confirms and I agree based on some pictures he showed that the 737 was actually shot down last night. I’ll take a shot (no pun intended) out a couple weeks and just prior to earnings.
Sold BA JAN 24 2020 322.5 Put @ 3.10
MRVL Puts
#shortputs
$MRVL STO 1/17 26 puts at .40
TSLA
#ShortPuts – I can’t believe I’m doing this on a big up day but here goes. Should allow for two rolls before earnings and guessing earnings premium will be jacked this quarter for a possible re-load.
Sold TSLA JAN 24 2020 425.0 Put @ 4.00
ROKU EXAS LABU Calls Rolled / LK Covered Call Short Put
#coveredcalls
$ROKU BTC 1/10 149 calls and STO 1/17 152.50 at .60 credit. But stock falling to 139.58. Might be foolish.
$EXAS BTC 1/10 97 call and STO 1/17 102 call for .30 debit. Stock at 101.72. Might be a good idea.
$LABU BTC 1/17 52 call and STO 1/24 55 call at $1 debit. Would gain $3 if called away. Stock at 55.40
#coveredcalls
$LK STO 1/17 36 call at 1.80
#shortputs
$LK STO 2/7 33 put at 2.85
#shortputs ARLO Sold Feb. 5…
#shortputs ARLO
Sold Feb. 5 put for .80, stock is at 4.70
ISRG SOXL SQ ULTA VIX
#ShortPuts #BullPutSpreads #BullCallSpreads #CoveredCalls – A few this morning…
ISRG: Selling the week before earnings outside the expected move and well below the 50 ma almost at the 200ma.
Sold ISRG JAN 17 2020 550.0 Put @ 2.80
SOXL: Finally back in this one.
Sold SOXL Jan 17 2020 230.0 Put @ 3.20
Sold SOXL Feb 21 2020 200.0 Put @ 5.50
SQ: Staying aggressive with the covered sales.
Bought to Close SQ JAN 3 2020 64.0 Calls @ .05 (sold for 1.52)
Sold SQ JAN 10 2020 62.5 Calls @ 1.30
ULTA: Stopped out at tiny profit on an extra sale against stock.
Bought to Close ULTA JAN 17 2020 240.0/210.0 Bull Put Spread @ 2.32 (sold for 2.36)
VIX: Taking off the long side of the double vertical. Holding short put spreads to keep some long volatility.
Sold to Close VIX JAN 22 2020 15.0/18.0 Bull Call Spreads @ .80 (original trade put on for a .05 credit)
AMD Puts Closed / AMZN BUCS Closed
#shortputs
$AMD BTC 1/17 40 put at .10 STO at 1.32. Thank you @ramie77
#bucs
$AMZN Partial STC 1/17 1820/1860 BUCS at 30.00. BTO at 18.54 on 11/27
ILMN
#ShortPuts – Selling the week before earnings and at the expected move and below the 50 and 200 day moving averages. Selling the week prior sets up nicely for either a roll into earnings or a juicy covered call sale or another put sale. This is also the weakest ticker in my main watchlist today.
Sold ILMN JAN 24 2020 300.0 Put @ 3.60
Beware: There might be some news driven event the week prior to my sale. The IV is higher for the week of Jan 17 expiration.
T Puts
#shortputs
$T STO 1/10 38.50 put for .48. Ex dividend 1/9. Plan is stock go up in next few days as investors buy for the dividend.
If stock put to me I expect stock to rise into earnings on 1/29. I actually thought this out. Must be a new year.
One Shoe At A Time BOOT Puts
#shortputs
$BOOT STO 1/17 45 puts at 1.85.
TQQQ
#ShortPuts – My last one just for fun…
Bought to Close TQQQ JAN 03 2020 79.0 Put @ .09 (sold for 1.23)
Happy New Year!!
MU Earnings Closed / NUGT Puts Closed Finally / SPX Expired
#shortstrangles #earnings
$MU BTC 1/17 1/17 45/60 Strangle @ .20. STO at .83. Thank you @jsd501
#shortputs
$NUGT BTC 1/10/2020 32.5 pus at .88. STO at 2.68. This is a culmination of rolls since 10/18.
Ended up making less than 1 per contract. Or I earned .40 an hour for rolling. 😉
#spx1dte #Whew!
$SPX 3195/3215/3260/3280 expired. STO @ 1.75. Thank you @jeffcp66
LABU
#ShortPuts – Thanks @jsd501 !
Sold LABU Jan 31 2020 48.5 Put @ 2.34
EWZ
#ShortPuts – Not much left here. Hoping for better opportunities next week.
Bought to Close EWZ JAN 10 2020 43.0 Puts @ .08 (sold for .46)
LABU
#ShortPuts – Starter position just to get something going…
Sold LABU JAN 17 2020 50.0 Put @ 1.45
LK Puts Sold / LK Covered Call
#shortputs
$LK STO 1/10 35 puts at 1.35. Replacing the 12/27 30.5 puts that will expire today.
#coveredcalls
$LK STO 1/3 39.50 calls at .85
EDIT Sell Put / EDIT Sell BUPS
#shortputs
$EDIT STO 1/3/2020 32 put at .75
#bups
$EDIT STO 1/17 26/31 BUPS at 1.30
ROKU OKTA Calls Rolled / KL Puts Closed
#coveredcalls
$ROKU Rolled up and out the 1/3 145 calls to 1/10/2020 149 at added 1.50 credit. Stock at 145.04
$OKTA Rolled up and out the 12/27 120 calls to 1/3/2020 122 at added .30 credit. Stock at 120.41
#shortputs
$KL BTC 1/17 40 puts at .25. STO at 1.14. Partial closure.
Rolling With Santa ROKU NUGT
#coveredcalls
$ROKU BTC 12/27 141 calls and STO 1/3/2020 145 calls at .15 debit. Stock now at 143.86.
$ROKU BTC 12/27 141 calls and STO 1/3/2020 145 calls at .25 debit. Stock now at 143.86.
#shortputs
$NUGT BTC 1/3/2020 33.5 puts and STO 1/10/2020 32.5 puts at .30 debit. Stock now at 31.51.
TNA ULTA
#ShortPuts – Booking a couple more…
Bought to Close TNA DEC 27 2019 68.5 Put @ .07 (sold for 1.02)
Bought to Close ULTA DEC 27 2019 242.5 Put @ .05 (sold for 2.25)
NUGT Put Rolled
#shortputs
$NUGT BTC 12/27 34 put and STO 1/3/2020 33.50 put for .33 debit. Stock at 29.78. Gained .50 if put to me.
Trying to stay away from the putter or is that the pooter. I don’t know. 😉
STNE ROKU Covered Calls / LK Put
#coveredcalls
$STNE STO 12/27 38.50 call at .35
$ROKU STO 12/27 141 call at 1.70
$ROKU STO 12/27 141 call at 1.60
#shortputs
$LK STO 1/3/2020 32 put at .80
TNA
#ShortPuts – Starter position. Come and get it Mr. Market…
Sold TNA JAN 17 2020 67.5 Put @ 1.38
ROKU BUPS Closed / KSS Earnings Strangle Closed / FB BUCS W/Put Kicker Closed / PLAN CC Rolled
#bups
$ROKU BTC 12/20 120/130 BUPS at.35. STO 11/14 at 2.50.
#earnings
$KSS BTC the put side of the 12/20 50/65 strangle at .15. The call will expire. STO the strangle on 11/18 for 1.65.
Thanks to @jeffcp66 the “Data Provider” , @thomberg1201 the “Trade Provider” and patience. Did I mention luck?
#bucs #shortputs
$FB STC 12/20 200/210 BUCS at 3.66. BTO 11/18 at 3.21. Also sold 12/20 190 put to pay part of trade. It should expire.
Thank you @jsd501 for this well thought out transaction. Of course if I had shown more patience I would have picked up another $1 a mere 30 minutes after I closed the spread. Ah, timing!!
#coveredcalls
$PLAN BTC 12/20 55 call and STO 1/17/2020 57.50 covered call at added .83 credit. Stock at 53.07.
Somehow I feel a little guilty for typing put kicker – don’t know why.
Been thinking the last few days (I know…scary!)
#ShortPuts – What do you think about this theory?
Looking back over the last 18 months where I’ve been predominately just selling puts and covered calls I realized something. Besides my crazy, high risk, entries I rarely receive any stock. Maybe 1 out of 10 times at the very most.
So, with that in mind, here’s my idea…stealing a little of this from Whiz but with my own twist. Whiz will trade very narrow spreads that are relatively safe but uses many contracts. He either wins or loses and rarely adjusts and his wins seem to outnumber losses enough to where he makes pretty darn good money. I was very skeptical at first but after watching him a couple years he really does do pretty good.
My theory is to do something similar but with my rule of never doing it on something I don’t want to own. I’m thinking that on the put sales that you’re reasonably confident on to crank up the number of contracts and use spreads. Then one of two things can happen…
1. The trade will bring in multiple more times the profit of just the put sale
2. The trade will implode and you’ll get stock at a limited downside
Now my strategy would be to allow assignment of number of shares I’m comfortable with and roll the spread loss into the basis and recover with call selling. (Whiz would just take the loss and move on) To help minimize the damage I would close one of the long puts (or however many shares you are willing to take) right at the close on expiration day. This would lock in profit there and leave one short put to get assigned.
If this losing situation were to only happen once every 10 or so trades the additional profit on the winners would be very nice.
Let’s use LULU as an example. I would only want 200 shares max if everything goes bad so that would be selling 2 naked puts the way I’ve been doing it.
Sell 2 Jan 24th 210 puts @ 2.05 for $410 premium
My new trade would be using say a 5 to 1 ratio on the sales vs stock I’m willing to receive and selling 5 wide spreads. You could use more or less depending on risk tolerance. The more you sell the more you have to make back on an implosion but also the more you make on a good trade.
Sell 10 Jan 24th 210/205 BuPS @ .82 for $820 premium.
Based on the TOS analyze of the spreads the max loss would be about 4180 at expiration on an implosion. My theory would be to sell two of the long puts on Friday afternoon and receive the stock from the two naked shorts that would leave. Whatever those puts bring in the 4180 loss would be reduced by that amount. The worse case scenario would be for the stock to end up right at the bottom of the spread where the longs wouldn’t be worth anything and the spreads would be at max loss. Of course the stock is at a higher level to start call writing which is good.
Let’s say at expiration the stock is at 200. The position would be at max loss but the 2 longs I’m selling are worth a total of one grand reducing max loss to 3180 and giving me 200 shares. The stock would be at 200 and my basis would be at about 226 (210 put sale plus 16 dollar loss on the assignment). I would have to depend on call writing to get that back.
So big picture, if you did this trade 10 times total premium would be $8200. If you happened to get stock once you’d be in the hole the one time and have to recover.
If you did the trade 10 times just selling the 2 naked puts the total premium would be $4100 and you’d own the stock at some unknown levels depending on how much it dropped.
With my “theory” at least the starting point for repair would be manageable if the thing were to “pull an ULTA” on me.
Another twist on this would be to buy an extra long put. It would reduce overall profit but really cap losses on an implosion. In fact if the stock were to tank enough you could make money on the drop. Here’s a sell 10 buy 11 scenario. Max gain drops to about 700 but losses start getting reduced as soon as the spread gets blown out. This would probably be well worth the extra buy.
Hope some of this makes sense!!
LULU post earnings
#ShortPuts #Earnings – Nice little rally last few minutes…didn’t think this would fill. Sold right after the earnings announcement for a double dip with the regular earnings sale.
Bought to Close LULU DEC 27 2019 217.5 Put @ .40 (sold for 2.80)
AVGO
#ShortPuts – Taking another one off…
Bought to Close AVGO DEC 27 2019 307.5 Put @ .35 (sold for 3.10)
TNDM BUCS / LK Puts Rolled / OKTA Covered Call
#bucs
$TNDM BTO 1/17/2020 60/70 BUCS at 3.15
#shortputs
$LK BTC 12/20 31 put and STO 12/27 30.50 put at .27 added credit. Stock at 30.56.
#coveredcalls
$OKTA STO 12/20 117 calls at .70
AVGO Earnings
#ShortPuts #Earnings – Went out an extra week for the premium. Nice rally so booking it.
Bought to Close AVGO DEC 20 2019 310.0 Put @ .30 (sold for 3.30)
REGN
#CoveredCalls #ShortPuts – Not finding much to do this week. I’ll probably let my REGN stock get called away next week slightly under my basis. Switching over to a few put sales for repair. Similar to TNA, LABU, and WYNN positions recently repaired.
Sold REGN JAN 10 2020 355.0 Put @ 2.75
NEWT Put Closed
#shortputs
$NEWT BTC 12/20 22.5 put at .15. STO at .91 on 11/11.
#shortputs #closing BOOT Nov. 26…
LABU PANW UVXY WYNN and Options Expiration
#ShortPuts #OptionsExpiration – Some late action…
Bought to Close LABU DEC 20 2019 47.5 Puts @ .15 (sold for 2.20)
Bought to Close PANW DEC 20 2019 220.0 Put @ .50 (sold for 3.50)
Expired:
UVXY 17 Calls (sold for .67)
WYNN 122 Puts (sold for 4.05 as a trade repair)
AXSM
#ShortPuts Followed @optioniceman with the high vol stock that @330nick found
Sold $AXSM Dec 20th 25 puts for 1.70
Sold $AXSM Dec 20th 22.5 puts for 1.35
Don’t do these wild ones much anymore, but the low stock price limits the risk.
EWW to EWZ swap
#CoveredCalls #ShortPuts – A slight adjustment and trade repair. With some EWW covered calls DITM and terrible rollability I’ll let the stock get called away next week for a .42 per share loss. Replacing that position with EWZ which has better premium and easier to roll. Selling the EWZ puts down at the 50 and 200 moving averages…
Sold EWZ Jan 10 2020 43.0 Puts @ .46
UDOW
#ShortPuts – Bought to Close UDOW DEC 20 2019 105.0 Put @ .20 (sold for 2.90)
TNA
#ShortPuts – Peeling a few more of these off just for risk reduction…
Bought to Close TNA DEC 20 2019 57.5 Puts @ .14 (sold for 1.55)
AVGO
#ShortPuts – Sold AVGO DEC 27 2019 307.5 Put @ 3.10
STNE Puts Rolled / MOMO Puts Closed
#shortputs
$STNE BTC 12/13 40 put and STO 12/20 40 put at .40 credit.
$MOMO BTC 12/20 35 put at .45. STO 11/5 at 1.55.
LK Put Rolled / NUGT Call Closed / LULU MCD LRCX Spreads Closed
#shortputs
$LK BTC 12/13 31.50 put and STO 12/20 31 put at additional .15.
#coveredcalls
$NUGT BTC 31 call at .10. STO at 1.26
#bups #becs #bucs
$LULU BTC 12/20 185/195 BUPS at .30. STO on 11/11 for 2.60. Symmetry$ STO 11/11 BTC 12/12
$LULU BTC 12/20 235/240 BECS at .30. STO on 11/16 for 1.20.
$MCD BTC 12/20 185/190 BUPS at .20. STO on 11/1 for 1.25.
$LRCX STC 12/20 285/295 BUCS at 2.50. BTO on 10/30 for 3.40.
LULU Earnings
#ShortPuts – Bought to Close LULU DEC 13 2019 217.5 Put @ .95 (sold for 3.10)
AVGO Earnings
#ShortPuts – I may throw a call spread out there eventually to turn it into a Jade Lizard…haven’t decided yet. For now selling at the expected move and just above the 50ma. Going to next week for a little more premium. Not a big fan of a put sale on this rally but having trouble finding anything to do.
Sold AVGO DEC 20 2019 310.0 Put @ 3.30
LULU
#ShortPuts – Early on this one. Still holding the 217.5 for tomorrow…
Sold LULU DEC 27 2019 217.5 Put @ 2.80
WDC
#ShortPuts – Bought to Close WDC DEC 20 2019 45.0 Puts @ .05 (sold for .71)
KL Covered strangle Rolled / NUGT Puts Rolled / EWZ put Closed / LABU Calls Rolled / CMG BUPS Closed
#shortputs #coveredcalls
$KL BTC 12/20/40 put and STO 1/17/2020 40 put at added .80 credit.
$KL BTC 12/20/45 call and STO 1/17/2020 45 call at added ..65 credit.
#shortputs
$NUGT BTC 12/20/ 35 puts and STO 12/27 34 puts at .75 debit. Spending .75 to get potential .25 “profit”. I have been rolling out and now down since 8/12. Current “profit” is $5200. If put to me tomorrow the profit would be reduced by $3640. Maybe I should just close out.
$EWZ BTC 12/20 40 put at .05. STO at .77. Thank you @fuzzballl
#coveredcalls
$LABU BTC 12/20 45 call and STO 1/3/2020 55 call at $7.90 debit. Basis now 57.04. Stock at 56.24. Close to throwing in the towel. Stock first bought on 3/5/2019. Bad trading. Should have gotten out of stock much earlier and took the loss. Now eight months of rolling and tracking and loss mitigated but the potential opportunity profits lost by capital tie up …duh!
#bups
$CMG BTC 12/20 690/700 BUPS at .05. Sold for 1.65. Thank you @ramie77 via @optioniceman inspiration.
LULU Earnings
#ShortPuts – Putting some risk on after taking some risk off. 🙂
Sold LULU DEC 13 2019 217.5 Put @ 3.10
Selling at the expected move and just above the 50ma….
ISRG NVDA SOXL
#ShortPuts – Taking some risk off in case this turns into tariff weekend…LOL
Bought to Close ISRG DEC 20 2019 530.0 Put @ .40 (sold for 3.80)
Bought to Close NVDA DEC 20 2019 190.0 Put @ .22 (sold for 2.60)
Bought to Close SOXL DEC 20 2019 165.0 Put @ .45 (sold for 3.00)
EWZ
#ShortPuts – Starting to trim down a few…
Bought to Close EWZ DEC 20 2019 40.5 Puts @ .10 (sold for .93)
Bought to Close EWZ DEC 20 2019 40.0 Puts @ .07 (sold for .74)
ULTA
#CoveredCalls #ShortPuts – Had I not gotten bearish this thing would be down 30 instead of up 30…LOL Spending my 5.00 I brought in yesterday on the roll of the covered call and sprinkling in a shorter term short put at the 50ma.
Rolled ULTA DEC 6 2019 230.0 Call to JAN 17 2020 240.0 Call @ 5.00 debit
Sold ULTA DEC 27 2019 242.5 Put @ 2.25
STNE Rolled Put
#shortputs
$STNE BTC 12/6 40.50 put and STO 12/13 40 put at .20 debit.
NUGT Puts Closed
#shortputs
$NUGT BTC 12/6 28 puts at .35. STO at 2.92 on 11/26
SHOP
#ShortPuts – Taking a little risk off early…
Bought to Close SHOP DEC 20 2019 280.0 Put @ .70 (sold for 3.90)
NUGT Rolled
#coveredcalls
$NUGT BTC 12/6 29 calls and STO 12/13 31 calls at added .20 credit. Stock at 29.43
#shortputs
$NUGT BTC 12/13 36 puts and STO 12/20 351 puts at .65 debit, but would gain $1 if called away. Stock at 29.43
LK Rolled Puts
#shortputs
$LK BTC 11/29 31.50 puts and STO 12/6 31.50 puts at added .77 credit
NUGT Puts Keep Rolling / BA ROKU Closed Early / TSLA BECS
#shortputs
$NUGT BTC 11/29 28 puts and STO 12/6 28 puts for added .35 credit.
#bups
$BA BTC 12/20 315/325 BUPS at .20. STO at 2.25 on 10/30
$ROKU BTC 12/20 105/115 BUPS at .20. STO at 2.80 on 11/7
#becs
$TSLA STO 12/20 360/370 BECS at 1.70
#shortputs #coveredcalls TRTN Bought to…
#shortputs #coveredcalls TRTN
Bought to close aDec. 20, 35 put for .25, sold Nov. 21 for .50
Bought a March 20, 40 covered call for 36.93. If I hold it that long will pick up 2 .50 dividends. I may collar this but the only put volume in the next 3 months is the one I bought back.
Current stock price is 38.18.
PANW
#ShortPuts – A little early on this. Selling just below the 50ma and 200ma support. Let’s see if it holds…
Sold PANW DEC 20 2019 220.0 Put @ 3.50
UVXY
#ShortPuts #ShortCalls #BearCallSpreads – Making some adjustments. Rolling short puts out and down and selling hard against them. If we get close to another reverse split I’ll roll ’em out to 2022 and sell against them for a couple years.
Shorter term:
Bought to Close UVXY NOV 29 2019 20.0 Calls @ .02 (sold for .70)
Sold UVXY DEC 13 2019 17.0 Calls @ .67
Longer term:
Rolled UVXY DEC 20 2019 25.0 Puts to MAR 20 2020 23.0 Puts @ .11 debit
Rolled UVXY DEC 20 2019 23.0 Puts to MAR 20 2020 21.0 Puts @ .12 credit
Sold UVXY MAR 20 2020 20.0/30.0 Bear Call Spreads @ 1.17 to finance the next big roll if needed.
Options Bistro 