Today I saw a lot of volatility in my underlying stocks and the overall market in general. Stocks were down, then they came back up and then they went back down again. My account was up $259 today. All of my strategies are looking good so far this week. I did make some additional trades and re-positioned a few positions.
My largest position is in HLF. Herbalife was up early after an upgrade but lost all those gains and finished down .97 after Bill Ackman made a statement. The stock is currently at 63.75. Yesterday I sold 10 contracts of the 67.5/69 call spread for .19 so today's action sort of wiped out the premium on that position and my 62.5/61 put credit spreads are still looking good. My options in HLF were up $67.50 today.
All my other positions finished the day okay. Apple was up .93 to 502 and I currently hold the 495/490 put credit and the 520/525 call credit spreads. Google was up 3.91 to 869.33 which is right in between my sold strikes of 850 put and 890 call. I was up $89 in AAPL and $25 in GOOG today.
My two fast moving stocks of PCLN and MA also did good today. PCLN was up 6.83 to 939.60 which is right in between my sold strikes of 920 put and 955 call. MA was down 3.10 to 619.31. I'm still looking good as I sold the 610/605 put spread and the 640/645 call spread. I was up $72 in PCLN and up $15.50 in MA today.
Telsa (TSLA) was down a lot early and I sold one more of the 148/150 call credit spread when the stock was around 147. Yesterday I sold two 144/142 put credit spreads so my window is small but profit potential is very large. The stock is right between my strikes of 144 to 148. The stock is currently 147.19.
Overall a good day. I really need a good week.
Jonny
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