GOOG called an “attractive risk/reward” by C on expiration Day!
- Bought way too many GOOG $470s for .20, selling 1/2 at .40 and crossing my fingers!
- Out even if I can if it doesn’t move up by 11
- COF – took a chance and took out caller for $2, waiting on selling march.
- Taking pinning chance with FD, bought out $40 caller for $4.10
- SHLD selling Mar $185s for $8 (now $7.20, no less than $7) against leaps
- SNDK – took out $40 callers for .65
I guess I’m bullish because, other than leaving my DIA puts – I’m not into covering much
That’s it for GOOG – raising stops to .50, will waste a nickel on $480s if it starts running but not on greed by wishing it to break $470 while my premium expires.
- Out of BTU Mar $40s for $2
- Moved CHKP Apr $20 puts to Apr $22.50 puts for .05 addl (plus commis!)
- DELL May $27.50s moved to May $25s for .80, selling Mar $25s for .70
- GME DD on Mar $55s for $1.10
GOOG just did another huge stop flush (and there weren’t any) – MIGHT be setting up for another move.
- DD on TDW Mar $50 puts at .55
- VLO Mar $55 puts too tempting at $1.05
- Same with Mar XOM $75 puts for $1.20 Happy to DD and roll to April – I’ll be right one day! (if not my Apr $80s will be in the money…)
- Taking half the YRCW Apr $45s for $2.80
