Monday, June 17, 2013

My Options Account on June 17th, 2013, Part 1

After a wild and crazy ride last week I'm up for the same this week.  At the end of the day on Friday I did put on some credit spreads and ended up with 9 contracts of Google's weekly 865/860 Put credits.  I was looking for an increase in the stock today and I got that.  I was up $500 in Google when I turned my computer on this morning.  I started to sell some call credit spreads in Google to complete my Iron Condor.  I sold the 900/905 call spreads.  The stock continued higher so I am down on these calls and am looking for Google to stay with a range of 875 and 900 this week (I sold 3 contracts of the 8750/870 put credits today).  I have a ton of premium so I may buy back some of my position of I get the feeling Google will move one way or the other. 

In Apple I have 8 contracts of the Iron Condor 420/415 put credits and 445/450 call credits.  Apple is currently at 433 so I'm looking goo so far.

In Amazon I have 3 contracts.  2 of the 265/260 put credits and 1 of the 275/270 put credits and 3 of the 285/290 call credit spreads.  The stock has been increasing and is up to 279.55.

In NFLX I have 6 contracts of the 215/210 put credits and 5 of the 240/245 call credit and 1 of the 225/230 call credit.  I entered one contract on Friday so that is why my 225/230 is now in a loss position.  News came out this morning to bump the stock up 15 points.  I'm still fine with my position and this is my only loser on the day so far.  (down $200).

In TSLA I have 9 contracts of the 92.50/90 put credit spread and 5 contracts of the 97.50/95 put credit spread.  I also have 5 contracts of the 115/120 call credit spread.  This stock has been up nicely today to 103.85 so I'm looking good so far.

I also have a few contracts in MA and PCLN.

Overall my account is up $937 (before commissions) today.  After commissions I'm up about $730ish.

I'll report back after close.

Jonny

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