optionsstrategy

NaughtyPines NaughtyPines SNAP, D, Long , 15 hours ago
SNAP: TRADE IDEA: A SNAP POOR MAN'S
78 0 2
SNAP, D Long
TRADE IDEA: A SNAP POOR MAN'S

One thing I'm certain about, and that's that I don't want to buy SNAP stock here with its having whipsawed between 29+ and 19 in the short time since its IPO. But I might want to acquire it later once it settles down -- as with all things, preferably at a lower price than 22.74. A Poor Man's Covered Call gives me the flexibility to play SNAP, give me the option ...

NaughtyPines NaughtyPines SNAP, D, a day ago
SNAP: THE WEEK AHEAD: SNAP, FEZ, XLV, AND XRT
28 2 6
SNAP, D
THE WEEK AHEAD: SNAP, FEZ, XLV, AND XRT

With four weeks or so until the next batch of earnings, I'm briefly turning my attention to exchange-traded funds to see if there's anything I can play to bridge the gap between earnings seasons. As with the previous several weeks, there isn't much; only three are near or above the 70th percentile for implied volatility over the past six months: FEZ, with an ...

NaughtyPines NaughtyPines VRX, 120, Long , 12 days ago
VRX: OPENING: VRX MONIED COVERED CALL
33 0 4
VRX, 120 Long
OPENING: VRX MONIED COVERED CALL

I'm fading the Ackman dumpage here with a small position bet that price will stay clear of $10 through April 21st expiry ... . Bought 100 Shares Sold April 21st 10 Call Whole Package: 9.38 Max Profit: $62 per 100 shares/contract Max Loss/BP Effect: $938 per 100 shares/contract

NaughtyPines NaughtyPines VIX, D, 3 days ago
VIX: OPENING: VIX JULY 19TH 16/19 SHORT CALL VERTICAL
24 0 8
VIX, D
OPENING: VIX JULY 19TH 16/19 SHORT CALL VERTICAL

... for a .75 ($75)/contract credit. Another "Term Structure" trade (See Posts, Below). Since the beginning of the year, all of them have been setup as 16/19's or 17/20's and have been filled for around .75/contract. Naturally, I look to set these up in expiries of 90 days or less; 120 days, after all, is an awfully long time to "get your candy." That being ...

NaughtyPines NaughtyPines FDX, D, 5 days ago
FDX: OPENING: FDX MARCH 31ST 177.5/182.5/202.5/207.5 IRON CONDOR
21 0 7
FDX, D
OPENING: FDX MARCH 31ST 177.5/182.5/202.5/207.5 IRON CONDOR

... for a 1.40 credit. (Earnings; Volatility Contraction Play). Metrics: Probability of Profit: 60% Max Profit: $140/contract Max Loss/Buying Power Effect: $360/contract Break Evens: 181.10/203.90 Notes: Will look to manage at 50% of max.

Benji Benji PRO XLK, D, 3 days ago
XLK: XLK Synthetic Straddle
15 0 8
XLK, D
XLK Synthetic Straddle

Trade Setup: - 1 XLK May 19 45/53/53/57 Synthetic Straddle @ 1.97. DTE: 57 Max Win: $197 Max Loss: $603 (theoretically), but will manage at 2x credit, so ~$200. Breakevens: $51.03 & $54.97 Trade Management: 25% profit; WIll risk full loser to upside and only 2x credit received to downside. I often will take off one of the sides when it becomes nearly worthless ...

NaughtyPines NaughtyPines VIX, D, 15 days ago
VIX: THE WEEK AHEAD: IT'S EYEBALLS ON THE FED
34 2 4
VIX, D
THE WEEK AHEAD: IT'S EYEBALLS ON THE FED

Ugh. Doing my weekly market review/screening and there is literally nothing high IVR/high IV to play ... . Nada ... . Zilch ... . One option is to sell puts in one of these "just high IV" underlyings: VRX: April 21st 11 goes for .56 AKS: April 21st 7 goes for .31 AMD: April 21st 13 goes for .66 WLL: April 21st 8 goes for .28 CLF April 21st 8 goes for .34 X: ...

AndreasMunz AndreasMunz CL1!, D, Short , 16 days ago
CL1!: Short term target 46, upsloping trend line
197 2 12
CL1!, D Short
Short term target 46, upsloping trend line

Broke out of uptrend with high volume. CFTC showed specs were long, so there is plenty of room to the downside. Spreads have been weak and option volatility was low before breakout. As it broke to the downside, longs scrambled to protect with an downside puts and panic left option vol to increase by over 6 points. On the downside, i am looking into the ...

NaughtyPines NaughtyPines ATVI, D, 17 days ago
ATVI: OPENING: ATVI COVERED PUT
90 7 6
ATVI, D
OPENING: ATVI COVERED PUT

This is a continuation of a trade that started as an earnings play iron fly (see post below). There are a couple of reasons I went this particular way, as opposed to attempting to continue to work the setup "as is." First, the March 17th 40 short call was deep in the money. Even assuming I could roll to improve that strike a bit, it would still be deep in the ...

NaughtyPines NaughtyPines BBY, D, a month ago
BBY: OPENING: BBY MARCH 10TH 38/42/47.5/51.5 IRON CONDOR
55 0 5
BBY, D
OPENING: BBY MARCH 10TH 38/42/47.5/51.5 IRON CONDOR

BBY announces earnings tomorrow before market open, so look to put on something today before market close to take advantage of the ensuing volatility contraction. Implied volatility rank is currently at 92 over the preceding six months, with implied volatility just shy of the 50% mark. I compared and contrasted going with my standard 20-delta iron condor, as ...

NaughtyPines NaughtyPines DKS, D, a month ago
DKS: OPENING: DKS MARCH 17TH 43/50/50/57.5 IRON FLY
21 0 5
DKS, D
OPENING: DKS MARCH 17TH 43/50/50/57.5 IRON FLY

... for a 4.35 ($435)/contract credit. I put this on earlier in the week, but neglected to post it here ... . (High implied volatility rank; high implied volatility; it's in the 95th percentile of where implied volatility has been in the past six months; its background implied volatility is at 47%). Metrics (Currently): Max Profit: $418/contract Max ...

NaughtyPines NaughtyPines RAD, D, a month ago
RAD: TRADE IDEA: RAD APRIL 21ST 6 LONG CALLS
37 0 5
RAD, D
TRADE IDEA: RAD APRIL 21ST 6 LONG CALLS

I do these lotto trades once in a while ... . I won't take credit for it, and I'm not the only "genius" who's thought of it given open interest in the March, April 6 and 7 calls ... . Here's the low-down, courtesy of Motley Fool: https://www.fool.com/investing/2017/02/21/the-clock-is-ticking-to-profit-from-rite-aid-stock.aspx Because I'm paying a debit for this ...

NaughtyPines NaughtyPines GPS, D, a month ago
GPS: TRADE IDEA: GPS 21/25/25/29 IRON FLY
37 5 7
GPS, D
TRADE IDEA: GPS 21/25/25/29 IRON FLY

High implied volatility rank, high implied volatility, earnings/volatility contraction play ... . Metrics: Max Profit: $203/contract Max Loss/Buying Power Effect: $197/contract Break Evens: 22.97/27.03 Delta: -6.38 Theta: 2.03 Notes: I'll shoot to take this off at 25% max profit ... .

NaughtyPines NaughtyPines WUBA, D, a month ago
WUBA: THE WEEK AHEAD:  EARNINGS AND A PERSISTENTLY LOW VIX
71 2 4
WUBA, D
THE WEEK AHEAD: EARNINGS AND A PERSISTENTLY LOW VIX

If you're going to play anything next week premium selling wise, it's going to be in earnings, because that's all that's really out there volatility-wise. The VIX remains persistently low here, and running a screen for exchange-traded funds with >70% implied volatility rank, and >35% implied volatility yields absolutely nothing. Here's what showed up on my radar ...

NaughtyPines NaughtyPines SPY, D, Long , a month ago
SPY: TRADE IDEA: SPY MAY 19TH 212/MARCH 17TH 224 SHORT PUT DIAGONAL
106 0 9
SPY, D Long
TRADE IDEA: SPY MAY 19TH 212/MARCH 17TH 224 SHORT PUT DIAGONAL

Here, I'm looking to add some long delta to my portfolio, although it's also good as a stand alone trade in this low volatility environment. The short-dated put is being sold at the ~20 delta strike, the long-dated one at the ~15, so I'm picking up about 5.00 positive delta/contract from this setup. Unfortunately, with diagonals, we're not able to precisely ...

NaughtyPines NaughtyPines ATVI, D, 2 months ago
ATVI: TRADE IDEA: ATVI FEB 17TH 34/38.5/40/44.5 IRON CONDOR
111 2 5
ATVI, D
TRADE IDEA: ATVI FEB 17TH 34/38.5/40/44.5 IRON CONDOR

ATVI announces earnings tomorrow after market close, so look to put on a play in the waning hours of the NY sesh ... . Its implied volatility rank is >70%, and its background volatility is on the cusp of 50% ... . Metrics: Probability of Profit: 50%* Max Profit: $231/contract Max Loss/Buying Power Effect: $219/contract Theta: 11.33/contract Delta: ...

NaughtyPines NaughtyPines NVDA, D, 2 months ago
NVDA: OPENING: NVDA 100/105/140/145 IRON CONDOR
138 0 11
NVDA, D
OPENING: NVDA 100/105/140/145 IRON CONDOR

... for a 1.57/contract credit. (Earnings; High IVR/High IV). I fiddled with various setups long enough ... . Here, I'm going out farther in time than I usually like to go with an earnings play in order to give myself time to be right. Will look to manage to 50% max profit. Metrics: Probability of Profit: 63% Max Profit: $157/contract Max Loss: ...

NaughtyPines NaughtyPines XOP, D, 2 months ago
XOP: TRADE IDEA: XOP MARCH 17TH 36/40/40/44 IRON FLY
37 0 5
XOP, D
TRADE IDEA: XOP MARCH 17TH 36/40/40/44 IRON FLY

Looking for petro to zombie about in here in the short term ... . Implied volatility rank isn't as high as I'd like it, but background vol is one of the higher ones out there for exchange traded funds. Metrics: Max Profit: $242/contract Max Loss: $158/contract Break Evens: 37.58/42.42 Notes: Will look to manage at north of 25% max profit.

1234567 Show More Ideas
Market
Interval
Browse
Time
Author
Widgets
Ideas Scripts Chart
United States
United Kingdom
India
España
France
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Account and Billing Sign Out