Saturday, September 29, 2018

Trades on Sept 24th-28th

Trade on Sept 24th
SOLD 1 NVDA Oct26'18 242.5 PUT @ 2.53

Trade on Sept 28th
SOLD 1 FB Nov16'18 150 PUT @ 2.18
SOLD 2 TD TSE Oct26'18 77.5 PUT @CDE @ 0.61
SOLD 3 TSLA Nov16'18 100 PUT @ 1.34

I've been busy at work lately, but I managed to sneak in some trades during my morning work hours.  I always seem to miss the boat on $NVDA.  Friday, it jumped 5%... at least I sold a PUT for some premium earlier in the week.  Now, it's way OTM.  

Thursday night, I noticed that Elon Musk was being sued by the SEC over an alleged Tweet on going private.  Shares took a tumble on Friday by 13.9%... I took this opportunity to sell very safe OTM puts on $TSLA.  Looks like Elon Musk pulled a quick settlement by paying the SEC $40 million dollars and stepping down as Chairman of Board but he will still remain CEO.  With this new, shares should jump back up after the initial scare and I should pocket an easy $402 in premiums within time.



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