- 1/2 out LVS $100 puts at $3.20 (always sell into the initial excitement!)
- Stop at $2.80 on rest.
Spoke too soon on LVS but I’ve now set the stop on 1/2 at $3.20 with a .20 trail and a .50 trail on the rest!
- ISE selling Mar $45s for $3.40 against Jan $45s
- LVS – Buying out $105 puts for $6.60
- Selling March $100 puts for $5.40
- , which will cost me $1 but gain me $5 of breathing room.
- AAPL – moving Apr $100s ($1.05) to July $85s for $8.10 for a $10.55 total basis
- this averages with my existing July $85s at $13.30 for a grand total basis at $11.93.
- Selling $85 calls against all the July $85s for $1.15
- Moving July $100s to July $90s for $2.9, will cause basis to be $10.65
- CHK – Spending .30 to roll $27.50 puts to Mar $37.50s for .40
- adding .28 loss to basis
- Selling FDX Feb $115s for $1.25 against Julys
- Done with the rest of LVS $100 puts at $3.80 so it’s a $3.45 avg exit.
- DD on GOOG Mar $480s for 13
- selling $470s for $8.30 (essentially the same as original)
- I’m well covered for an upside breakout and I could use the premium!
- PBR added Mar $95 puts for $2, turning $90 puts into pre-roll, 1/2 out at 2.50+
- Taking XOM Mar $75puts for $1.70
- selling $75 puts for $.9
