#ShortStrangles – Earnings are done so going for a quick 30 day trade betting she rests for awhile. Selling near the 50 ma on the downside and well above all time high on upside. Also, trying to be out before the end of year debt ceiling battle.
Sold ISRG DEC 8 2017 360.0/420.0 Strangle @ 4.30
#ShortStrangles – Was away from my desk for the open and got stopped out on the tiny bounce. A reason why I’m not a fan of stops but sometimes have to use them. These were double sold so had ’em set to close at about 50 percent of max.
Bought to Close AAOI NOV 3 2017 44.0 Calls @ .59 (sold for 1.00)
#Earnings #ShortStrangles #Rolling Will some one tame this beast!?! This is my fourth roll.
BTC $RH Nov 17th 70/95 strangles for 6.95. Sold for 4.97 on Oct 16th.
STO $RH Dec 1st 85/95 strangles for 7.25.
History: Sep 8th 36/64.5 on 9/5
Rolled to: Oct 20th 65/75 on 9/7
Rolled to: Oct 27th 72/80 on Oct 5th
Rolled to: Nov 17th 75/90 on Oct 16th.
Original trade sold for 1.10, now up to 2.01 total credit.
#ShortStrangles – Rolled EWZ DEC 15 2017 45.0 Calls to DEC 15 2017 42.5 Calls @ .53 credit
Position now 40/42.5 Strangles @ 2.08
#ShortStrangles – Nice pop out of the daily squeeze. Looking at Dec 240/300 @ 5.50…
Whaddya think?
#ShortStrangles – Had so much fun with this over earnings gonna try to squeeze a little more out of it.
Sold FFIV NOV 17 2017 115.0/127.0 Strangles @ 1.45
#ShortStrangles – Just for simplicity and to keep the theta up a little rolling ITM short puts out to where the 130 short calls are sitting.
Rolled WYNN NOV 3 2017 152.5 Puts to NOV 17 2017 152.5 Puts @ .97 credit.
Position is now 152.5/130 inverted strangles @ 19.95. Leaning towards taking the stock at a basis of 132.55 and rolling the 130 calls up and out. Turning it into a covered call play…
#Earnings #ShortStrangles – Decent earnings season so far…sold 11 minutes before the close and closed 3 minutes after the open. My kind of trade!
Bought to Close FFIV OCT 27 2017 115.0/130.0 Strangles @ .10 (sold for 2.40)
🙂 🙂
#Earnings #ShortStrangles – Out of AVGO earlier so now there’s room to take a shot at this one…
Sold FFIV OCT 27 2017 115.0/130.0 Strangles @ 2.40
Skewed slighly bullish with an expected move of 7.01 with stock at 118.90
#ShortStrangles – Booking it at about 50 percent of max…
Bought to Close AVGO NOV 10 2017 240.0/260.0 Strangle @ 3.50 (sold for 6.48)
#ShortStrangles and possibly #PerpetualRollingStrangles – Haven’t been in this one in awhile. Finally showing some two sided action…
Sold EWZ DEC 15 2017 40.0/44.0 Strangles @ 1.55
#ShortStrangles – Taking a little off and looking out to #Earnings week for a new position…
Bought to Close NVDA NOV 3 2017 180.0/215.0 Strangles @ .63 (sold for 5.11)
#Earnings #ShortStrangles – Finally out of the entire position. Great earnings day in this and ISRG…decks are clear for next week now.
Bought to Close ATHN OCT 20 2017 106.0/129.0 Strangles @ .25 (sold for 2.35)
#ShortStrangles – Rolling these again. Sold against Nov monthly 130 calls…
Rolled WYNN OCT 20 2017 152.5 Puts to NOV 3 2017 152.5 Puts @ 1.46 credit
#Earnings #ShortStrangles – Pushing the limits on the call side so still watching. I’ll switch to puts and roll it out if it stays strong. Closing the puts while waiting…
Bought to Close ATHN OCT 20 2017 106.0 Puts @ .05
#Earnings #ShortStrangles – Closing this while I’ve got a chance. Last time I did an earnings trade on this one I pushed my luck on the call side and had to fight it for 6 months…
Bought to Close ISRG OCT 20 2017 340.0/375.0 Strangles @ .85 (sold for 3.55)
#Earnings #ShortStrangles – First time ever in this ticker. Expected move of 9.75 but seems to exceed the move a lot of the time. Staying small…
Sold ATHN OCT 20 2017 106.0/129.0 Strangles @ 2.35
#Earnings #ShortStrangles – Got out of this a couple weeks ago. Had so much fun I’m heading back in…
Sold ISRG OCT 20 2017 340.0/375.0 Strangles @ 3.55 (expected move of 14.05)
#ShortStrangles – WYNN does this nearly every quarter with the earnings date. I’ve got puts I need to roll and TOS estimates earnings on Nov 1st. Last quarter I rolled based on that and then they moved it up a week and I was instantly losing on the roll as the IV popped. Looks to me based on the last few dates it will be next week and TOS will be wrong again. Would be nice if it changes before I’m forced to roll…
#ShortStrangles – Yesterday took advantage of the bounce to book an inverted strangle at a decent profit…
Bought to Close TSLA OCT 20 2017 360.0/350.0 Inverted Strangle @ 14.00 (sold for 17.50)
#ShortStrangles – At various times this week…
Bought to Close AAOI OCT 20 2017 48.0 Calls @ .01 (sold for 1.20)
Sold AAOI NOV 3 2017 44.0 Calls @ 1.00
Rolled AAOI OCT 20 2017 80.0 Puts to NOV 17 2017 80.0 Puts @ 1.25 credit (basis in these down to 61.08)
#ShortStrangles – Just a quickie. I’ll look to re-establish in earnings week.
Bought to Close WDC OCT 20 2017 80.0/92.5 Strangles @ .19 (sold for 1.22)
#ShortStrangles – Rolling up the put side for some extra premium. Looks like she wants to break out to new highs…. Thanks @geewhiz112 for the reminder!
Rolled NVDA NOV 3 2017 165.0 Puts to NOV 3 2017 180.0 Puts @ 1.60 credit.
New position is NOV 3rd 180.0/215.0 Strangles @ 5.11 credit (this is still the week before earnings)
#ShortStrangles – Rolling up the put side for additional credit. Original sale was just below the 200 ma. Rolling up to just below the 50 ma.
Rolled AVGO NOV 10 2017 225.0 Put to NOV 10 2017 240.0 Put @ 2.03 credit
New position is Nov 10 240.0/260.0 @ 6.48 credit
#ShortStrangles – Got a little wiggle in TLT on the Fed minutes and my standing order filled. Increasing position size slightly on this #PerpetualRollingStrangles position.
Sold TLT DEC 15 2017 121.0/129.0 Strangles @ 1.55
#Earnings #ShortStrangles. $RH
Sept 5th: Sold Sept 8th 36/64.5 strangles for 1.10
Sept 7th: Rolled 64.5 calls to a Oct 20th 65/75 strangle, .44 credit.
TODAY: Closed strangle for 4.19. Rolled to Oct 27th 72/80 strangle for 4.25.
Now look for them to expire worthless with 1.60 total credit.
#ShortStrangles – Haven’t been in this one in awhile…selling well before earnings.
Sold AVGO NOV 10 2017 225.0/260.0 Strangle @ 4.45
#ShortStrangles – Some “expert” gave it a $500 price target this morning so it’s breaking above the 50ma. Rolling my entire strangle up to slightly in the money.
Rolled Oct 20th 345/355 Short Strangle to Oct 20th 360/365 Strangle @ 1.50 credit.
Total premium received is now 15.90 so new breakeven is 344.1 – 380.9
#ShortStrangles – Still rolling around collecting premium for eventually taking some stock. Rolled short calls up and out and selling aggressive weekly puts…
Bought to Close WYNN SEP 29 2017 145.0 Puts @ .01 (sold for 2.15)
Sold WYNN OCT 6 2017 152.5 Puts @ 4.65
Spending a little of the weekly premium to roll the ITM calls…
Rolled WYNN SEP 29 2017 127.0 Calls to NOV 17 2017 130.0 Calls @ 1.68 debit
#ShortStrangles – Another small adjustment…
Rolled TSLA OCT 20 2017 365.0 Call to OCT 20 2017 355.0 Call @ 2.32 credit
Currently sitting at Oct 20th 345/355 @ 11.37 credit
#ShortStrangles – Starter position just prior to earnings…
Sold WDC OCT 20 2017 80.0/92.5 Strangles @ 1.22
$GWW #ShortStrangles – an unbalanced strangle, at least based on time to expiration.
Sold 1 GWW Oct 20 2017 160.0 Put/GWW Apr 20 2018 230.0 Call @ 3.00 Credit.
Also short other GWW Puts.
#Shortstrangles – Another busy week away from the market but still getting a couple trades in.
Started with 345/435 strangle and have been rolling the 435 down. Rolled to 380 earlier and today rolled down to 365 for additional credit.
Currently sitting at Oct 20th 345/365 @ 9.05…
This is still in the week before earnings. Saving earnings week in case a roll into high IV is needed.
$ZGNX #ShortStrangles – Sold ZGNX OCT 20 2017 3.0 Puts/31.0 Calls @ 1.75 Credit with the stock at 13.70.
Adding to my position.
#ShortStrangles Taking profits early only to release margin. I’m getting stretched to the upside on SPX.
BTC $REGN Oct 6th 412.5/447.5 strangles for 4.85. Started as Sept 29th 430/530, and then rolled, with 8.00 total credit, so profit in end is 3.15.
$ZGNX #ShortStrangles – Sold ZGNX OCT 20 2017 3.0 Puts/31.0 Calls @ 1.65 Credit with the stock at 13.35.
It’s been a long time since I played one of these small biotech binary events.
$ALXN #ShortStrangles – Covered some November strangles to release some margin.
Bought to close ALXN Nov 17 2017 80/165 Strangles @ 1.35.
Originally Sold the Puts on 05/23/2017 @ 2.10 as a #FallingKnife trade.
Then as the stock recovered sold the Calls on 07/27/2017 @ 2.35 and again on 07/28/2017 @ 2.85.
The Strangle may have expired, but it’s a long time until November, and the puts were so low, they weren’t really protecting the calls anymore.
#ShortStrangles – Back into one of my favorites. Selling the week before earnings…
Sold NVDA NOV 3 2017 165.0/215.0 Strangles @ 3.51
#ShortStrangles – Busy week away from the market but one fill today. Had this just for a trade going for 50 percent of max.
Bought to Close EFX OCT 20 2017 75.0/105.0 Strangle @ 2.70 (sold for 5.40)
Bought to close $AZO Sep 22nd 505/630 strangles for .55. Sold yesterday for 3.20. Didn’t want to wait and see if it decides to tank again.
Closed REGN Sep 29th 430 put for 8.50. Sold in the 430/530 strangle for 7.40 on Aug 23rd. 530 call previously closed for .20.
#StrangleRoll: Sold Oct 6th 412.5/447.5 strangle for 9.30.
#Earnings #ShortStrangles
Sold to Open $AZO Sep 22nd 505/630 strangles for 3.20. Biggest UP move: 5.8%, Biggest DOWN move: -11.8%, Average move: 2.7%. My trade filled at 569.00 as AZO dropped from its intraday high. Probably possible to get above 3.50 now.
AZO moved down -11.8% on the day after earning last quarter, but then bounced and hovered for a few weeks before dropping much lower. I was able to escape the trade with full profit before the bigger drop. That was before AZO added weeklys.
My strikes are -11.2% and +10.7% OTM. Position size is small.
#ShortStrangles – Would like to see this pull back a little so giving it something to shoot at on the downside. This should be before next earnings…
Sold TSLA OCT 20 2017 345.0/435.0 Strangle @ 6.26
Started out a year ago as a #ShortStrangles position but has turned into a nicely performing #PerpetualRollingStrangles position.
Currently running along inverted. 145/125 inverted @ 12.15 credit. Ideally in these inverted positions you’d like total premium received to be greater than the width of the inversion for it to be profitable. I’m not quite there yet so rolling to decrease the inversion. Out two weeks and squeezed it in by two points. Really wanted the 145 puts to expire today but not quite there.
Rolled WYNN SEP 15 2017 145.0/125.0 Inverted Strangles to SEP 29 2017 145.0/127.0 Inverted @ .15 credit
#ShortStrangles – Same as NVDA. Instead of rolling the puts up I’m booking the whole thing at a decent profit and looking to re-sell more centered.
Bought to Close TSLA SEP 29 2017 300.0/400.0 Strangle @ 2.27 (sold for 4.20)
#ShortStrangles – An upgrade to $250…wow. Booking the strangles while the call side still has some profit in it.
Bought to Close NVDA OCT 6 2017 150.0/185.0 Strangles @ 1.47 (sold for 2.75)
#ShortStrangles – Sold a naked put in the #IRA yesterday. Selling this in the regular account. Strikes slightly modified from TT this morning.
Sold 1 EFX OCT 20 2017 75.0/105.0 Strangle @ 5.40
#ShortStrangles BTC $REGN 530 call for .20. Sold in the 430/530 strangle for 7.40 on Aug 23rd. My mistake was not closing the put during the rally above 500. I’m not going to roll the call down with the stock so low. If it rallies in the next week or so, I may sell a new call.
#ShortStrangles – Over sold these and it’s looking weak so booking a few…
Bought to Close EWW SEP 15 2017 55.0 Puts @ .24 (sold for .61)
#ShortStrangles – As @Jeff pointed out earlier…she’s tanking. Looks like some new competition on the horizon for some of their drugs so making an adjustment…
Rolled REGN SEP 29 2017 550.0 Call to SEP 29 2017 510.0 Call @ 4.47 credit
Position is now 470/510 Strangle @ 12.52 credit
#ShortStrangles I guess not adjusting is working out for my Sep 29th 430/530 strangle.
#Earnings #ShortStrangles
Sold each side separately: $RH Sep 8th 36 puts for .50, and 64.5 calls for .60. Over last 12 earnings, the 3-day moves: Biggest UP move: 21.7%, Biggest DOWN move: -26.4%, Average move: 11.4%. My strikes are each about 28.4% OTM.
$UVXY #ShortStrangles #TastyWorks – I placed my first trade in a TastyWorks account yesterday.
Just checking out the platform, which I do not find very intuitive.
Sold 1 UVXY Sep 8 2017 27/50 Strangle @ 0.30
Cleared 27.71 after commissions and fees, so at least the commissions are low.
$UVXY #ShortStrangles – Sold UVXY Sep 15 2017 25/50 Strangles @ 1.04
#ShortStrangles – Nice volatility pop today so feel like I have to sell a new position. Diving back into one of my favorites. Selling well before next earnings…
Sold NVDA OCT 6 2017 150.0/185.0 Strangles @ 2.75
@fuzzballl You trade this more than I. Do you have a level at which you will roll your 530 call?
#ShortStrangles
#ShortStrangles – Popping out of a daily squeeze and looking strong. Booking some nice winners before the call sides get in trouble.
Bought to Close NVDA SEP 15 2017 155.0/175.0 Strangles @ 2.35 (sold for 7.28)
Bought to Close NVDA SEP 29 2017 150.0/180.0 Strangle @ 2.91 (sold for 4.65)
Flat in NVDA for the first time in a long time. Will be looking for something to re-enter…
#ShortStrangles – New position selling well before next earnings. Strangling near the 200ma and above all time high.
Sold TSLA SEP 29 2017 300.0/400.0 Strangle @ 4.20
#ShortStrangles – Back into an old favorite…filled at the open but could do better now.
Sold REGN SEP 29 2017 430.0/530.0 Strangle @ 7.00
#ShortStrangles – Current position nicely profitable so adding one a couple weeks further out.
Sold NVDA SEP 29 2017 150.0/180.0 Strangle @ 4.65
UVXY #ShortStrangles – Sold 1 UVXY Sep 8 2017 25/85 Strangle @ 2.04 with the stock at 40.97.
The put side of the strangle traded higher than yesterday even though the stock is several points higher.
UVXY #ShortStrangles – Sold 1 UVXY Sep 8 2017 25/80 Strangle @ 2.04 with the stock at 38.91.
The put side of the strangle traded higher than yesterday even though the stock is several points higher.
Crazy market 🙂
$UVXY #ShortStrangles – as the day went on I sold several small positions
Sold 1 UVXY Sep 8 2017 25/60 Strangle @ 2.04 with the stock at 34.60
Sold 1 UVXY Sep 8 2017 25/65 Strangle @ 2.04 with the stock at 35.15
Sold 1 UVXY Sep 8 2017 25/70 Strangle @ 2.04 with the stock at 35.65
Sold 1 UVXY Sep 8 2017 25/75 Strangle @ 2.04 with the stock at 36.98
The calls were exploding but the put price was pretty static
#ShortStrangles – Caught an upgrade this morning. These analysts can be annoying sometimes.
Rolled WYNN AUG 18 2017 128.0 Puts to WYNN AUG 18 2017 133.0 Puts @ 1.00 credit
#ShortStrangles – Sold the puts pretty conservatively the other day waiting for a bounce. Looks like we’re getting it so moving up to just under the 50ma…
Rolled NVDA SEP 15 2017 135.0 Puts to NVDA SEP 15 2017 155.0 Puts @ 3.55 credit.
Position is now 155/175 Strangles @ 7.30
#ShortStrangles – This is actually a good thing. As the puts get gradually rolled down we’re getting closer to the short 120 calls. Keep going!
Rolled WYNN AUG 11 2017 129.0 Puts to AUG 18 2017 128.0 Puts @ even
#ShortStrangles – Back in….selling at the 100ma and all time high (and much smaller than last time)
Sold NVDA SEP 15 2017 135.0/175.0 Strangles @ 3.75
#Earnings #ShortStrangles – Well, after quite a few weeks (months 🙂 ) of rolling and adjusting and collecting premium I’m out with a decent profit on a too big position.
Bought to Close NVDA AUG 11 2017 177.5/160.0 Inverted Strangles @ 20.50 (sold for 27.75)
Was hoping to keep more of it but happy to be out with a winner. Now, looking to get back in on this dip…
$TRIP #ShortStrangles #Earnings – sold some of these. Trying for better prices.
Sold TRIP Aug 11 2017 35.0 Puts/44.5 Calls @ 1.00.
Earnings after the close tomorrow and these expire Friday.
#ShortStrangles – With earnings out of the way it’s back to a more standard position…
Sold REGN SEP 15 2017 425.0/550.0 Strangle @ 6.80
#ShortStrangles – Was currently in a 180/155 inverted strangle. I’ve been rolling and selling and rolling and selling the crap out of this thing for weeks looking forward to next week’s earnings. Kept thinking the 180 puts were so DITM I’d get assigned early at some point. Finally happened last night.
On the opening pop I sold the stock and then on the small drop sold next week’s 177.5 puts. Also rolled the 155 calls to next week’s 160’s @ .05 credit. Ending up with exactly where I was gonna roll to anyway just had to take a detour to get there and made a little in the process.
Now the good news. Even though the position is inverted, the premium sales have been great the last few months.
Heading into earnings (should be exciting). 177.5/160 inverted with 27.75 premium received.
Anything between the strikes is a 10.25 winner. Breakeven is 149.75 to 187.75
NFLX #shortstrangles
BTC Aug 18 175P/195C for $2.90, sold for $5.60 7/21
#Earnings #ShortStrangles
Sold to Open $SHOP Aug 4th 80/110 strangles for 1.26. Over last 12 earnings, its biggest FIVE DAY moves: Biggest UP move: 18.1%, Biggest DOWN move: -9.8%, Average move: 7.9%. These strikes are +19.9% and -12.8% OTM.
#OptionsExpiration #Earnings #CoveredCalls #ContangoETFs #ShortStrangles #ShortCalls
— Expiring w/Max Profit —
DUST 45 calls
FSLR 49 covered call
— Assignments —
HCA 83.5 puts, taking stock, cost basis 82.30
FSLR 48 covered call, releasing half of stock position
— Expiring w/Loss —
AMZN 1037.5/1042.5/1092.5/1097.5 #IronCondor
AMZN 1030/1050/1070 #IronButterfly
GOOGL 980/1000/1020 Iron Butterflys
#ShortStrangles #ShortPuts #IRA – I wanted a chance to get in. Looks like I got it…
Sold WDC JAN 19 2018 75.0 Put @ 3.95
Sold WDC JAN 19 2018 70.0 Put @ 2.70
And in regular account:
Sold WDC SEP 15 2017 80.0/95.0 Strangle @ 2.90
$AMZN #ShortStrangles #Earnings – Sold AMZN Jul 28 2017 940.0 Puts/1190.0 Calls @ 1.00 with the stock at 1044
Options Bistro 