Chemo week. S-L-O-W here.

Sold BABA April 77 puts at .65

From .59. Plus .06

HOD has been .95. Not too good.

WTI now up .75

Sold April 109 puts at 1.13

From .78. Plus .35

Bot BABA April 77 puts at .59

Few.

AAPL April 109 puts are active, >5K contracts today.

WTI is up .17

Bot AAPL April 109 puts at .78

SP500 heat map 74% green

WTI up 43%

Bot TSLA April 240 puts at 1.90

Partial fill. Recall on some of Tesla Motors calls. Didn't get details.

Not much going here today.

Sold same at 2.70

Plus .80

farooq, hi

What is the underlying stock?

Sold WFC April 48 calls at .49

From .35

+.14

Bot WFC April 48 calls at .35

Partial fill, cancelled balance.

Delete

... there are ways to get around being tax heavily on trading

Yeah, I know, as do the many really good traders (mm's ?) all over. But not the MANY newby wannabee's I suspect. They don't know how to trade, and the "get arounds" are even more complicated.

What "saves" us is that the newbies likely don't trade a lot of money.

...that was a bad print on FB

I guess not. I have a pencil and paper system of recording most trades in series where I'm significantly involved, and some of yours and smart's as well. Always trying to learn, deduce mental processes where there is pretty good information.

FB has continued to print 113 puts up to 3.10.

smart is nailing some hefty ones today also.

..some strange stuff every once in a while

Me too. Keep the possibility close in mind a lot of the time. This stuff can go seriously wrong in a hurry. I make enough unforced errors on my own.

I'll have to miss most of the last three hours today.

BTW. Wondering how many people don't get this options thingy?

What if Sanders decide to tax the "returns" on options trading. Well, IRS gets nearly half of it already, 40% for the better traders.

Yeah, I saw most of it, don't know how much I missed.

Anyway, dove in blindly to 255 puts at 2.98 as you saw and then exit at 4.51 = plus 51% in minutes.

Sometimes it seems like cheating compared to "investors" who are pleased to book plus 10-12% in a year.

Edit Beer: Meanwhile I've watched the FB calls that I thought I paid too much for early (.20) have printed 2.74 while I settled for ONLY barely a dbl. Ha, ha, missed 13.7 X.

Sold TSLA April 4, 255 puts at 4.51

From 2.98

+1.53

Bot TSLA April 4, 255 puts at 2.98

LOD has been .36

Analyst says stock value should be more like 180, even giving enthusiasm effect. Asks where Tesla Motors will get the capacity. Green Field plant? From what money?

The stock high today has been 260.82, just at/after the open.

TSLA cut to SELL

smartone, really nice going on AAPL and AMZN puts.

Doubles in an hour or less.

Sold NFLX April 4, 104 puts at .52

+2 cents for commissions.

Go Beer: AAPL and SPY calls.

Oil gapped up at the open, but not much since then.

Edit: Now some more up for oil.

Sold FB April 4, 113 puts at .42

+.22

2.1 X

Not that much money, few contracts. Got the coffee covered.

Bot NFLX April 4, 104 puts at .50

Few. Round number dart board shot.

Banks are strong. GS, JPM, C, WFC, etc.

Edit: Some doubles already on calls.

Aw, heck. Try FB April 8, 113 puts at .20

Late. LOD was a dime but too slow for that.

Edit: Big volume on this strike. Over 1800 contracts already.

Remember? When Roy is okay in puts, calls traders better watch out.

My turn. One day. Not trading at the open here.

Maybe this (Friday) afternoon. Doris is better, thanks.

Looks like the DOW will open up 100 or so.

SP500 heat map is ~ 90% green.

Done for the day.

Couple of pretty good ones today, 2.3X and 4.1X

Tomorrow is Friday.

Sold TSLA April 7, 260 puts at 6.02

HOD was 6.45

+4.56

4.12 X

Sold BIDU April 8, 185 puts at 2.20

+1.25

2.3 X

I'm not reliable here this morn', sick wife requires care.

Piece announced on CNBC coming up (when?) about "How much financial trouble is TSLA in?"

I'll try to keep an eye out. Who is speaking and what is said?

TSLA puts, heavy trading.

Total reservations for the Model 3 for one week are 320,000
which will generate $14B, average for the expected equipped car at $43K.

Earlier statement last week computed $35K each.

No estimate as to what percentage of reservations will result in delivery.

Bot TSLA April 8, 260 puts at 1.46

Partial fill, delayed post, cancelled balance.

Delete