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Sanrith Descartes

Sanrith Descartes

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Wrote the CVS $72.5 puts expiring on the 20th. Only 16 cents premium but backtest shows it at a 1% chance of being exercised.
 
Fogel

Fogel

Mr. Poopybutthole
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Went really heavy on BCRX 15-16$ puts and they're printing over the last two days. Will give it a couple days and see if I want to roll up to 17
 
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Fogel

Fogel

Mr. Poopybutthole
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Bought out all my BCRX puts when it was at 18.30. It's back down to 17.60 so will probably sell some more puts on Monday at the 16/17 strike depending on the premium.
 
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Fogel

Fogel

Mr. Poopybutthole
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Sold NCLH puts 23 strike .30 premium 8/13
Sold BCRX puts 17 strike .55 premium 8/20
Sold FUBO call 34 strike .33 premium 8/13
 
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Fogel

Fogel

Mr. Poopybutthole
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Sanrith Descartes said:
Closed out my puts at 3 cents. 80% profit in 4 days.
Click to expand...
got 80% in 2 days on my NCLH I sold yesterday, booyah

1628606697067.png
 
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Jysin

Jysin

Ahn'Qiraj Raider
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All travel names are decently green today. As predicted, I think some investors are realizing delta variant isn't the end of the world. Oversold sector predictably moves higher.
 
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Fogel

Fogel

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No idea. I'm taking a beating on my BCRX because they decided to announce a share offering one day after selling puts, oof
 
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Sanrith Descartes

Sanrith Descartes

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Thought about playing PLTR options on earnings tomorrow morning but the IV is under 60 and the risk vs reward just aint there.
 
Sanrith Descartes

Sanrith Descartes

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The one thing I will say with low IV options is they have a very low stress level. You dont make a lot, but the stock "generally" does what its supposed to in a very orderly manner. High IV stocks on the other hand... Fuck.

A tale of two options: CVS puts I closed out in a couple of days for pennies. DNUT fucking dancing 3-5% daily swings around the strike. Only 7 more trading days to go.
 
Fogel

Fogel

Mr. Poopybutthole
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Luckily I didn't get greedy on my FUBO CC's and picked the 34.5 strike and still got 1%+ premium, it's up 10% to 32 today, 2 more days to go.
 
Fogel

Fogel

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Nice recovery on BCRX, went from 15.20 yesterday to 16.50 today, already got half my premium back on my puts
 
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Sanrith Descartes

Sanrith Descartes

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Fogel said:
Nice recovery on BCRX, went from 15.20 yesterday to 16.50 today, already got half my premium back on my puts
Click to expand...
The PLTR pullback from the insanity has me up almost 30% already on the calls I sold.
 
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