ABC

[ABC @52wkhigh]

@52wkhigh

Closed GPRO, LYG and YRCW positions to lower overall exposure which would make it easier to defend the core TWLO trade.

[ABC @52wkhigh]

@52wkhigh
9 SMA support breached; price within 38-40 range.

[ABC @52wkhigh]

@52wkhigh

0.90 credit (STO)
0.92 debit (BTC)
0.22 debit (Fees)
0.24 net debit
-2.4% trade loss

[ABC @52wkhigh]

@52wkhigh

0.24 credit (STO)
0.24 debit (BTC)
0.22 debit (Fees)
0.33 net debit
-1.46% trade loss

[ABC @52wkhigh]

@52wkhigh

0.90 credit (STO)
1.46 debit (BTC)
0.22 debit (Fees)
0.78 net debit
-6.5% trade loss

[ABC @52wkhigh]

@52wkhigh
200 SMA down
9 SMA up

Price (11.90) is 0.85 points away from breakeven (11.05). Put contract already ITM

[ABC @52wkhigh]

@52wkhigh
9 & 200 SMA down
Price bounced from all time low

Price (3.02) is 0.26 points away from breakeven (2.76)

[ABC @52wkhigh]

@52wkhigh
Underlying rally continues
Closed on an all time high this week
9 SMA on a healthy uptrend

[ABC @52wkhigh]

@52wkhigh
200 SMA is flat
9 SMA pointing upward

Price (10.34) is 1.24 points away from breakeven price (9.1)

[ABC @52wkhigh]

YRCW
Short PUT
10 strike
0.90 credit
AUG19 expiration
35 days to expiration

[ABC @52wkhigh]

@SpyfratsCall alamat ka kasi fafs hahaha

[ABC @52wkhigh]

@SpyfratsCall Also, olats charting namin, need namin mag profit in 3 out of 4 price outcomes (increase, sideways, small decr, big decr)

[ABC @52wkhigh]

@SpyfratsCall Paps, sa laki ng kills ninyo sa PSE, di nyo na need options. Contingency namin ito kasi corp slave and sa gabi lang pwede

[ABC @52wkhigh]

@SpyfratsCall Seller kasi kami ng premium so profitable naman kami pag umakyat, sideways or konti baba ang price action within a month

[ABC @52wkhigh]

@SpyfratsCall Paps, pasensya wala kami indication kung mag rally kahit meron big gambler sa small mkt cap stock (345M lang ito)

[ABC @52wkhigh]

@SpyfratsCall Kung may 2 tranches, 1 tranche now for short put then other tranche pag bumalik sa 8-10 range.

[ABC @52wkhigh]

@SpyfratsCall Paps, 7.9% return ng $YRCW short put based sa option bid/ask spread. Pwede na for 35 day hold. Covered call pag na assign.

[ABC @52wkhigh]

@52wkhigh
Prior rally encountered 6-8% pullback
Anticipating a retest of 38-40 support
Put break even at 35.5

[ABC @52wkhigh]

@52wkhigh
Exchanging XOP w/ GPRO & LYG also decreased exposure from 52 to 48 percent

[ABC @52wkhigh]

@52wkhigh

XOP trade replaced by GPRO and LYG
GPRO 0.90 credit
LYG 1.2 credit