Options thread!

[law87]

Bueller? Bueller?

Bueller Bueller Bueller - YouTube (http://www.youtube.com/watch?v=f4zyjLyBp64)

[nnuut]

Bueller? Bueller?

Bueller Bueller Bueller - YouTube (http://www.youtube.com/watch?v=f4zyjLyBp64)
Was this it?

http://www.youtube.com/watch?v=NP0mQeLWCCo

[law87]

lol thanks, man no one is utilizing this thread.

[RealMoneyIssues]

lol thanks, man no one is utilizing this thread.

Too scared... I suck at ETFs, options are WAY out of my league... http://www.runemasterstudios.com/graemlins/images/fear.gif

[nnuut]

My only option with options is not to mess with options.:blink:

[SWAVET]

I love options and have been trading only options for my regular account and ROTH IRA for the last two years.

Today:

AAPL PUT bought MAR08 $420 @ $4.7 (within 1/2 hour at the open and with the market value @ $7 or gain 49%) holding over night so I Sold PUT $410 @ $3.20 (within a minute of the closing bell) so I minimize my cost to $1.50 or $150 per contract and maximize my profit to $8.5 or $850 (567%) just in case it has something good news, my unrealized gain is 253% instead of 49% ($7 - $3.2 => $3.8/$1.5 = 2.53).

DDD PUT bought MAR08 $27.5 @ $1.5

LNKD PUT Bought $165/Sold $170 CALL Bought $185/Sold $190 @ $.20 (market -.025/currently negative on paper)

Closed lossing trades that open today SPY PUT $152 bought @ $1.09 closed at $.80 and FB CALL $27.5 bought $.70 and sold @ $.60.

Other open including:
GM Calendar spread $27 Sold APR2013/Bought JAN2015 for $2.94 (entered less than a month)
LNKD APR2013 $170 @ $4.5 (market $13.525)

BAC, BBRY, EFA, F, FAS, FB (PUT Sold $28 MAR 08/Bought $26 APR2013 @ $.05), LCC, X, and XOM.

F & GM are my income spread that I collect 7% (on weekly) to +20% (monthly). GM collect 28% in three weeks of the total cost value + 12% increase value on the option strike price (not be able to collect additional income either until April when no time left or stock drop in price as I sold @ 1.01 so my breakeven is @ $28.01).

[ILoveTDs]

Swavet or anyone else trading options, currently?

[SWAVET]

It been long time that I haven't check on this post. I'm trading options daily.

I just bought MDLZ butterfly call for earnings after market hours today
4/30/2021 $59.50/$61/$62.50 to risk $.26 for potential profit of $1.24




Swavet or anyone else trading options, currently?

[SWAVET]

Woohoo, MDLZ after hours trade @ $61


It been long time that I haven't check on this post. I'm trading options daily.

I just bought MDLZ butterfly call for earnings after market hours today
4/30/2021 $59.50/$61/$62.50 to risk $.26 for potential profit of $1.24

[SWAVET]

Out of MDLZ @ $1.35 for over 419% profit.

[SWAVET]

AAPL earning tonight after market hours - over 185K contracts (average cost $3.85 (current trade @ $3.20) => +$71M) open on CALL $140 strike for 06/18/2021 betting it will trade above $139 tomorrow. I'll following them this time with 3 contracts 05/07/2021 CALL $135 @$2.69 (normally I took profit and run before the earning).

[SWAVET]

This morning I sold AAPL 05/07/2021 Call $137 for $2.35 and just rolled back by open 04/30/2021 Call $138 and closed $137 for $94, so my current cost for 05/07/2021 Call $135 is $1.28. I also have open calendar Put spread $129 for protection Buy 05/07/2021 and sell 04/30/2021 @ $.50. AAPL hit the target $139.38 on earning after market hours and pulled back today. Looking potential next target around $145 area then my profit will be +$10 or over 600%.


AAPL earning tonight after market hours - over 185K contracts (average cost $3.85 (current trade @ $3.20) => +$71M) open on CALL $140 strike for 06/18/2021 betting it will trade above $139 tomorrow. I'll following them this time with 3 contracts 05/07/2021 CALL $135 @$2.69 (normally I took profit and run before the earning).

[SWAVET]

New Trade on VZ 09/17/2021 CALL $60 (35K open in June and 20K open in July for $60 strike)

Instead of buy September $60 call @ $.88

05/14/2021 B $55/S $56/S $59 and 09/17/2021 B $60 for $1.48. $55/$56 is in the money max profit $1, so my Sep my cost is $.48 vs $.88, potential less profit if it trade above $59 by 5/14/2021. Target 700% or 400% if buy September only.
Depend where it's at by 05/14/2021, then I could roll 05/14/2021 B $55/S $56/S $59 to 05/21/2021 to collect between $.40 to $.60 to risk free trade.

[SWAVET]

Sold $135 Call @.86 ($128-$86=$42) yesterday that combine both my Put and Call for a total cost is $.92. I sold all my protection Put $129 earlier @$3.10, so my protection work and I'm profit over 200% (Last trade is $3.45).


This morning I sold AAPL 05/07/2021 Call $137 for $2.35 and just rolled back by open 04/30/2021 Call $138 and closed $137 for $94, so my current cost for 05/07/2021 Call $135 is $1.28. I also have open calendar Put spread $129 for protection Buy 05/07/2021 and sell 04/30/2021 @ $.50. AAPL hit the target $139.38 on earning after market hours and pulled back today. Looking potential next target around $145 area then my profit will be +$10 or over 600%.

[SWAVET]

Sold 05/14/2021 B $55/S $56 for $1 credit and roll up bought Call $57/$58 for $.67 debit or combine $.33 credit that bring my cost down to ($1.48-$.33=$1.15). I'll closed to collect max credit @$1 and I'll continue to roll in the money call to 5/21/2021 as need to collect more to protect 05/14/2021 Call $59 that I short.


New Trade on VZ 09/17/2021 CALL $60 (35K open in June and 20K open in July for $60 strike)

Instead of buy September $60 call @ $.88

05/14/2021 B $55/S $56/S $59 and 09/17/2021 B $60 for $1.48. $55/$56 is in the money max profit $1, so my Sep my cost is $.48 vs $.88, potential less profit if it trade above $59 by 5/14/2021. Target 700% or 400% if buy September only.
Depend where it's at by 05/14/2021, then I could roll 05/14/2021 B $55/S $56/S $59 to 05/21/2021 to collect between $.40 to $.60 to risk free trade.

[SWAVET]

Earning always risky but I'm willing to risk $200 or less per earning for potential +400% in return

ATVI earning after hour today

I bought ATVI 05/07/2021 Call $94.50 and sold $95.50 for $.22 an hour ago and now get it for $.10(Mid) - Now risk $10 vs reward $100 (900%), potential lost all can't get money back if goes south.
and I also bought calendar Call spread Buy 06/18/2021 $105/Sell 05/07/2021 $105 for $.31 debit (just got filled) - ATVI was trading in $95 area two weeks ago and 06/18/2021 Call $105 was traded above $2.50, so my risk $31 vs reward $250 (700%). If go south I sell lower strike (such as $100 from May 14 to June 18) to collect at least 50% ($.16) of risk back to profit in 5 weeks

[SWAVET]

Add 1 more Call spread Buy 06/18/2021 $95/Sell 05/07/2021 $95.50 for $1.1 debit (got filled at 3:59:20 pm). ATVI After hours trade @$94.38

[SWAVET]

By the way ATVI I closed 1/2 of my position for over 150% profit, so everything I have open are free.

Since VZ is currently trading at $59 area, 05/14/2021 Call $59 is in the money and trading around +$.50, so I add 05/21/2021 $58 @$1.38 this way I could close my Sept anytime if it trade @$60 or above (I was expect it hit $60 in June or July, but the way this goes it maybe sooner than I though).


Sold 05/14/2021 B $55/S $56 for $1 credit and roll up bought Call $57/$58 for $.67 debit or combine $.33 credit that bring my cost down to ($1.48-$.33=$1.15). I'll closed to collect max credit @$1 and I'll continue to roll in the money call to 5/21/2021 as need to collect more to protect 05/14/2021 Call $59 that I short.

[SWAVET]

Bought/Sold separately VZ $57 & $58 collect $1.1 and $59 expired worthless. So I have 5/21/2021 $158 and 09/17/2021 $160 open for $1.43 ($1.38 + $.05)

Unusual volume - One transaction sold over 55K contracts SNAP 06/18/2021 Put $40 to collect $1.9M ($40x5.5M shares = $220M) - 24% below the current market price => Mutual Funds/Institutional holders (smart money) move?

and check out GLD that I open on 4/22 as $2.05 and just roll over collect $1.45 (the video and link below), so my cost is $.60 for potential target $183

Watch the video here (https://links.optionscycletrading.com/a/1341/click/9950/179051/dbc888d95573da5c52a4dc5ef95eb157bef1d953/2675fb15aa857069512cdaa4335fe8f6a37ad8c5)

https://www.optionscycletrading.com/2021/04/gold-starting-to-shine-heres-how-to-trade-it-gld-option-spread-april-22-2021/

[SWAVET]

I just bought SNDL OCT CALL for ZERO (cost only commission) in my IRA and ROTH IRA
BUTTERFLY $3/$3.5/$4 for even or
CONDOR $3/$3.5/$4/$4.5 for even as well

[SWAVET]

New strategy I found that work for me help increase my IRA up by +60% in the last two week.

F has been trading between $19 - $20 (the market was down last week, but my account is up because I bought back my 12/03 for $.05 put then I sold my 12/10 put and roll over to the below collect extra $.75 = 300% profit or trade on the house with credit)

Last week I sell the option expire this week then buy the option expire next week for an average collect up to $.25 credit (risk $.25 to collect $100%)
CALL Sell 12/10/2021 $20/Buy $20.50 expire 12/17/2021 (on the up day) - like today I sell call to receive extra credit
PUT Sell 12/10/2021 $19/Buy $18.50 expire 12/17/2021 (on the down day)

(If the market volatility then by back the short call/put then resell to get extra credit up to $.80 on the $.50 spread)
By the way I'm long on F as I have some Jan 2022 $16 call in @$1.04 and I sell weekly call again it to collect credit that I got my money back long time ago and currently have Dec 17 $20 call that open I collect $1.02

I also heavily short UVXY from every week to monthly by buying PUT the only ETF guarantee to lost $,$$$,$$$,$$$ the chart show in 2011 it was worth over $1B to current $17.52

[SWAVET]

I'm bullish with the market

Open new UVXY PUT today for $1.98

BUY DEC 31 $16
SELL DEC 17 $14
BUY JAN 21 $10

DIA CALL spread
Dec 31 $355/$365 for $4.26

[SWAVET]

I'm happy that I'm no longer have a single penny in TSP. Since this year my entire balance of my ROTH IRA increase more 128% compare to S fund negative more than 12%.

My trade base on UVXY is the market indicator for me. If UVXY is up then market is down (looking for PUT trade) vs if UVXY is down then market is up.
Pair trade QQQ / ARKK => if I buy call on QQQ (or TQQQ to get close to amount I use on ARKK) then buy put ARKK or vice versa. When QQQ is up it is up more than ARKK, when QQQ is down it is down less than ARKK. Get out at +100% and keep the other open for free and waiting for reverse. My last trade on ARKK was Feb 18 $77 put in on 1/20 @ $4.10 out on 1/24 @$12 almost 200% and I still have Feb 18 TQQQ call for FREE. Currently ARKK is up $3.01 (4.24%) vs TQQQ is up $3.97 (7.49%).

Thanks to NUTT on posting "Morning Market Prep" I was watching that last week and it very helpful on my QQQ put target that turn to profit couple of $K.