Today I put on all my positions. On Friday I sold a few put credit spreads in Apple and Google and both of those were up nicely today. Here is a summary of all my positions for this week:
AAPL $410.50; 4 Contracts 395/390 Put Credit Spreads; 2 Contracts 405/400 Put Credit Spreads; 6 Contracts 420/425 Call Credit Spreads. I'm up $75 on these options today and feel pretty good about Apple staying pretty flat this week.
AMZN $282.48; 3 Contracts 270/265 Put Credit Spreads; 3 Contracts 290/295 Call Credit Spreads. My profits on this position won't be very big but I feel good about a full profit on this position.
GOOG $889.76; 1 Contract 865/860 Put Credit Spread; 2 Contracts 875/870 Put Credit Spreads; 3 Contracts 910/915 Call Credit Spread.
MA $585.07; 6 Contracts 580/575 Put Credit Spread; 4 Contracts 595/600 Call Credit Spreads; 2 Contracts 605/610 Call Credit Spreads. I am taking a little more risk on this position this week but the premiums I sold at were huge.
NFLX $224.37; 2 Contracts 205/200 Put Credit Spreads; 2 Contracts
215/210 Put Credit Spreads; 4 Contracts 230/235 Call Credit Spreads.
Netflix has gone up a lot today but I still have a 5.50 cushion on the
upside.
PCLN $841.73; 3 Contracts 825/820 Put Credit Spreads; 3 Contracts 860/865 Call Credit Spreads.
TSLA $115.91; 2 Contracts 108/103 Put Credit Spreads; 2 Contracts 125/130 Call Credit Spreads.
Overall my account is down $80 on the day. A negative is normal on Mondays and I'll be looking for large gains tomorrow. I'm not sure which direction the market will go tomorrow. My guess would be a slight pull back but the good news could keep the momentum going.
Jonny
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