Wednesday, October 28, 2015

Set to Expire: Oct 28th

OptionAccounts (Position)
SBUX 30OCT2015 50 P(-2)
SWKS 30OCT2015 70 P  (-1)


My two short PUTs for the week.  Looking to lock in $137.00 by the end of Friday, but $SBUX earnings is tomorrow.  Will it beat or will it head down in a ball of fiery? 

Today, I closed 2 of my short PUTs for $FIT with a strike of $30.00.  Right now, I am very OTM on them, but I do not want to get caught in a earning release surprise for the worst.  I managed to walk away with a small gain of $90 which I am bittersweet about.

That's it for today.  Till next time.  



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