July Options expiration – the plan

I did a brief post earlier regarding the Earnings Trades that have Options expiring this week. In this post I will cover the rest of my positions that have July Options that need a plan:

$AGN I am long stock with a July 90/85/80 Collar. At the moment, the Call is ITM so I am capped. I am ok if the stock is called away at expiration.

$AMBA I am long a July 18/19 Call Spread. Looks promising now to get some value from the Long 18 Call part at least.

$EWZ I am short the July 45 Call and the July 42 Put (1/2 position). I will need to monitor the short Put side as it is near the money right now. I have a $1.72 cushion on the overall trade to work with.

$GTN I have a July 7.5 R/R (risk reversal) trade on so I need to address the long 7.5 Call piece this week (sell it or move to August). I expect the July 7.5 Put to go poof. I am short the August 7.5 Put as well.

$ISRG I am long the July 400 Put as part of a Put Calendar so I need to determine how I want to protect the short August 400 Put by Friday. I am also long a July 430/435 Call Spread so I want some value from that by Friday.

$LGF I am long stock with a July 29/27/25 Collar. I am currently capped by the short 29 Call so I need to decide if I will let it get called away or move to August.

$LINE I am long a July 34/36 Call Spread & short the Oct/July 31/31 Diagonal Put Calendar. I will exercise the July 31 Put by Friday. The CS goes poof. I have a $2.61 cushion to work with.

$LNC I am long stock with a short July 40 Call. I will need to monitor closely as this is near the money right now.

$LYV I am long stock with a short July 15 Call. This is ITM so I need to decide if I want to let it just get called away.

$EWW I am long stock, short the July 65 Call & 64 Put (a Strangle). The short Call is slightly ITM so I need to monitor closely this week. I have a $5.38 cushion to work with.

$DVA I am long stock and short the July 125 Call. So far it looks to expire.

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