Friday, May 25, 2018

Weekly: Profits at Tiffany’s

Another positive week for me. TIF gaps higher on earnings. I sell puts. I added longs in oil producers, only to see oil tumble on Friday.
Here are the trades (p=puts, c=calls, number near end is price per contract, sell means sell-to-open, cover means buy-to-close):

Mon Rally day on easing trade tensions. Markets up but off their highs.
Sell AMZN Jul 1350 p 600


Sell SPY Jun29 255 p 74
Sell BA Jun 325 p 104


Sell SHAK 52.5 p 26 new long
Sell IWM Jul 148 p 64


Sell TSLA Jun1 250 p 88
Sell BA Jul 310 p 161

Tue Sell BA Jul 415 c 78
Sell TSLA Jun1 315 c 35

Wed Tiffany’s and Lowes up on earnings.
Sell TIF Jul 105 p 56
Sell LOW Jun 85 p 20


Sell SPY Jun22 282 c 19
Sell WYNN Jul 165 p 96


Sell JPM Jun 100 p 16
Sell BRKB Jul 170 p 43


Sell NFLX Jun 305 p 114
Sell NVDA Jun 205 p 29


Sell BABA Jul 165 p 61
Sell TIF Jun 115 p 65 add

Thu North Korea peace talks on hold. Market falls then rallies off the lows.
Sell WFC Jul 47.5 p 19
Sell ULTA Jun 200 p 55


Sell CAT Jul 135 p 78
Sell SPY Jun29 282 c 20


Sell TSLA Jun8 230 p 84
Sell CMG Jun 395 p 90


Sell TGT Jul 60 p 21
Sell NFLX Jun22 315 p 172


Sell INTC Jun 50 p 14
Sell VLO Jul 100 p 29


Sell HFC Jul 60 p 30
Sell XOP Jul 35 p 18

Fri Sell QQQ Jun29 157 p 55
Sell SPY Jul 286 c 18


Sell SPY Jun 280 c 14
Sell SPY Jul6 254 p 78

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