OSTK Trade on Aug 5, 2020 10:32 from jfabiano: Tradervue User Stock Trades.

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jfabiano

 

Selling the OTM puts 44DTE on this hot stock in the online ordering space.
8/17 closed out $60/$75 puts for a nice porfit.

8/19 Selling the $85 puts (price of the recent offering) with 30STE on this very strong stock. Moved to 3 contracts and will close out in 10 days if we get a sideways and or continued spiking into the $130+ area. Touched $128.50 a new 52-week high. Got a boost from Piper Sandler with overweight rating and PT $140. Delta around .15 when trade was put on. Initial margin $12.2K or a potential of 8.6% return on margin if held.

9/4 This keeps tanking had all the way down into the $60 area today after $120 touch 7-10 days ago. Just adjusting this to add the call side $85 for $2.50 so net credits are now $6 with $79/$91 as my B/E points with 14DTE. Going to stay systematic and sell the covered call if we stay lower then $85. If we get back to the $80 area close to expiration will try and close for small loss if possible.

9/18 exp date rolled short calls down and out $85 to $80 9/25.** New B/E on the long stock is now $76.50.

9/30 sold the $78 call 3DTE with updated basis now $75. Potential man gain $900 less rolling options fees.

10/5 sold the $80 calls 5DTE $4.03 net credit. New basis $71 potential gain if assigned is $2,719.

10/9 $80 calls expired ITM and sold my long 300 shares for $80.


Execution detail:

Date/time Symbol Side Price Position
2020-08-05 10:32:00 SEP18 20 60 PUT sell $3.500 short
2020-08-05 12:26:00 SEP18 20 60 PUT sell $3.500 short
2020-08-07 10:57:00 SEP18 20 75 PUT sell $5.700 short
2020-08-07 11:49:00 SEP18 20 75 PUT sell $5.600 short
2020-08-17 13:31:00 SEP18 20 60 PUT buy $0.9000 0
2020-08-17 15:06:00 SEP18 20 75 PUT buy $2.800 short
2020-08-17 15:09:00 SEP18 20 75 PUT buy $2.800 0
2020-08-19 10:35:00 SEP18 20 85 PUT sell $3.500 short
2020-09-04 11:52:00 SEP18 20 85 CALL sell $2.500 short
2020-09-04 11:52:00 SEP18 20 85 CALL sell $2.500 short
2020-09-18 10:04:00 SEP18 20 85 CALL buy $2.500 0
2020-09-18 10:04:00 SEP25 20 80 CALL sell $2.500 short
2020-09-19 13:01:22 SEP18 20 85 PUT buy $3.500 0
2020-09-19 13:02:38 OSTK buy $70.940 long
2020-09-25 16:00:15 SEP25 20 80 CALL buy $2.500 0
2020-09-30 10:38:00 OCT02 20 78 CALL sell $1.500 short
2020-10-02 16:01:58 OCT02 20 78 CALL buy $1.500 0
2020-10-05 09:38:00 OCT09 20 80 CALL sell $3.900 short
2020-10-05 09:39:00 OCT09 20 80 CALL sell $4.000 short
2020-10-05 09:42:00 OCT09 20 80 CALL sell $4.200 short
2020-10-09 16:14:30 OSTK sell $80.000 0
2020-10-09 16:14:58 OCT09 20 80 CALL buy $4.033 0


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