Today the overall market is up again and my account is down. Google is up just over $8 per share so I am getting close to my 900 strike price. I'm down $400 on my Google options. Tesla Motors is down about 1.75 so far today and I'm down $140 on my options of TSLA. NFLX is down .82 so far and I'm up on these options $172. Overall I'm down a total of $400 so far today. I fully expect to be in the green by the ends of the day.
For trades, here are my suggestions:
GOOG $895 Buy 870 Put and Sell 875 Put for a credit of .40 or 8% profit if the stock stays above 875 by Friday. Google has been so strong lately and I don't see this stock moving down 20 points from here.
TSLA $100.55 Buy 92.50 Put and Sell 95 Put for a credit of .40 or 17.6% profit. I don't see TSLA moving down over $5 but this is a little riskier play.
PCLN $837 - Buy 810 Put and Sell 815 Put for a credit of .45 or 7.6% profit. As long as Priceline stays above 815 we make a full profit.
I may have more trades later.
Jonny
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