AMZN Following Mike at TastyTrade, sold April 18, 1480/1500/1800/1810 for 4.83
NVDA Trading Fuzzball’s fav-sold March 15, 140/145 for .57 (not selling naked 140 puts until I’m out of assigned positions in AAPL and WYNN).
$BA BTC 2/15 372.50/377.50 BUPS at .20. STO at 1.38 on 1/31 after earnings. Thesis the airplane company would stay up.
$GS BTC 2/15 205/215 BECS at .05. STO at 1.75 on 1/22
November 2, sold a Dec. 21, 180/190 put spread for 1.27. I sold the long put today for 13.35, giving me a cost basis of 175.39 after assignment next week. Right now there is decent call volume over the next month and unless AAPL keeps going down , I may be out by earnings at the end of January.
SPX sell Nov 21 2640/2630 put spread for 0.20cr. Only 1:15 remaining and price today never below 2650.
STO Nov 21 2645/2605 for $11.50,BTC $9.50, 15 minute trade – reversion to mean
#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.