Slowly added the .20 delta puts that are 25% below the current market price and have premium over 12% of strike.
ER AMC 8/10 and spiked then tanked. Should have just closed it out a few days ago, so now managing risk on the $17.50-.50 calls so Basis if under $20 and I get assigned will be $17. Trading in the $14.50 area so have some work to make up.
8/20 rolled the $20 short calls out to 9/4/20 and down to $17, which was my B/E mark. This provides me with a new B/O on the assignment of $16.02. Will keep selling the 14DTE Calls near the $16/17 price if price stays under the $17 by OpEx date.
8/22 assigned on 400 shares and short (covered call $17 9/4/20). Adjusted basis is $16.02
9/9 sold the 9DTE $16 calls for $.40 basis now $15.62
9/16 my GTC order hit this AM going out 9/25 on the $16 calls for additional $.75/share.
New Basis now $14.95 net of rolling.
9/16 speeding up think this might push towards the $20 parabolic.
9/17 had a large R day (chart was setting up as up 80% the past 4 days with push to $18.50 at close yesterday). Should have waited for this setup to present itself and hammer it on the short side.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2020-07-21 14:14:00 | AUG21 20 20 PUT | sell | $2.450 | short |
2020-07-21 14:14:00 | AUG21 20 20 PUT | sell | $2.450 | short |
2020-07-22 12:43:00 | AUG21 20 20 PUT | sell | $2.550 | short |
2020-08-11 13:13:00 | AUG21 20 20 CALL | sell | $0.5100 | short |
2020-08-11 13:15:00 | AUG21 20 20 CALL | sell | $0.5000 | short |
2020-08-20 11:53:00 | AUG21 20 20 CALL | buy | $0.5050 | 0 |
2020-08-20 11:53:00 | SEP04 20 17 CALL | sell | $1.000 | short |
2020-08-22 08:11:21 | AUG21 20 20 PUT | buy | $2.500 | 0 |
2020-08-22 08:11:21 | INO | buy | $15.623 | long |
2020-09-04 16:01:30 | SEP04 20 17 CALL | buy | $1.000 | 0 |
2020-09-09 09:59:00 | SEP18 20 16 CALL | sell | $0.4000 | short |
2020-09-16 09:31:00 | SEP18 20 16 CALL | buy | $0.4000 | short |
2020-09-16 09:31:00 | SEP25 20 16 CALL | sell | $0.7500 | short |
2020-09-16 09:31:00 | SEP18 20 16 CALL | buy | $0.4000 | short |
2020-09-16 09:31:00 | SEP25 20 16 CALL | sell | $0.7500 | short |
2020-09-16 09:31:00 | SEP18 20 16 CALL | buy | $0.4000 | short |
2020-09-16 09:31:00 | SEP25 20 16 CALL | sell | $0.7500 | short |
2020-09-16 09:31:00 | SEP18 20 16 CALL | buy | $0.4000 | 0 |
2020-09-16 09:31:00 | SEP25 20 16 CALL | sell | $0.7500 | short |
2020-09-21 11:31:00 | INO | sell | $17.650 | long |
2020-09-21 11:31:00 | SEP25 20 16 CALL | buy | $2.530 | short |
2020-09-21 11:34:00 | INO | sell | $17.580 | 0 |
2020-09-21 11:34:00 | SEP25 20 16 CALL | buy | $2.480 | 0 |
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