Monday, May 8, 2017

Trades for May 8, 2017

$AMZN Bear Call Spread
-10 May12 970 CALL
+10 May12 975 CALL
Received credit $220. 
*Quick trade, 4 days to expiry.  Do not want $AMZN over $970.  $AMZN closed @ $949.04.  I'm already down $155 on this trade at day's end.  I will have to monitor this closely and cut my losses if $AMZN spikes upwards.

$BMY Covered Call
-1 May12 56 CALL
Received credit $28.  
*Got assigned at $55 on Sept 30, 2016.  Cost basis is $53.30 after selling puts/covered calls previously.  Looking to exit to lower margin use.

$GILD Covered Call
-1 May19 68 CALL
Received credit $48.  
*Got assigned at $70 on March 17th.  Cost basis is $67.89 after selling puts/covered calls previously.  Looking to exit to lower margin use.

$FB Bull Put Spread 
-10 May12 148 PUT
+10 May12 145 PUT
Received credit $220. 
*Quick trade, 4 days to expiry.  Do not want $FB under $148.  $FB closed @ $151.06.  I'm up $65 on this trade at day's end.

$V Bull Put Spread
-10 May19 90 PUT
+10 May19 87.5 PUT
Received credit $220.
 *11 days to expiry.  Do not want $V under $90.  $V closed @ $91.92.  I'm down $18 on this trade at day's end.







No comments:

Post a Comment