November Options Expiration – the plan

Once again Options expiration is upon us (for Monthly options) and as usual I have some work to do. I have done several adjustments already this morning but here are the remaining positions with November Options that I need to tend to/have a plan for:

  • $AMBA I am long stock with a November 21/20 Collar. I will adjust to a December Collar
  • $CCL I am long stock and short November 35 Calls against the stock. I will adjust to December Options
  • $LULU I am long stock and Long November 70 Puts. No decision yet on what I want to do but will likely do a Collar
  • $NSM I am short the November 50/40 Strangle. I am looking for this to all expire Friday
  • $RMTI I am long stock and short the November 12/10 Strangle. I will adjust to December Options
  • $RYL I am short the November 43 Calls. These should go poof on Friday
  • $TRIP I am long stock with December & November Options. For November, I am long the 80 & 75 Puts. If these go poof on Friday, I will look to buy December Puts to protect
  • $AIG I am long stock and short the November 50 Calls. I will adjust to December Options
  • $MGA I am long stock and short the November 85 Calls. I will adjust to December Options
  • $DVA I am long stock with a November 60/55 Collar. I will adjust to a December Collar
  • $SLCA I am long stock with December & November Options. For November, I am short 35 Calls which should go poof Friday
  • $SYY I am long stock and short the November 34 Calls against. No decision yet on what I will do here
  • $CTXS I am long stock (1/3 size) and short the November 60 Straddle (1/3 size each). I will adjust to December Options
  • $HTZ I am long stock with December & November Options. For November I have left over short 24 Calls – should go poof Friday
  • $MNST I am long the 55/60 CS (1/2 size on the 60 Calls). No decision yet
  • $CB I am long stock and short the November 90 Calls in the Fab 5. I will adjust to December Options
  • $URI I am short the November 67.5/65 Strangle. This will need monitoring as the Puts are currently ITM
  • $VMW I am short the November 80 Straddle (Long Jan same as other part of trade). I will adjust the November pieces to December, looking for a 80 Pin on Friday though
  • $LGF I am long stock and Long the Nov/Dec 36/33 Put Diagonal Calendar. I will look to get value from the November 36 Puts this week as they are ITM
  • $BWLD I am short the November 145 Calls (remainder from Earnings trade). Will need to monitor this week, I will close it by Friday
  • $QCOM I am long the November 70 Calls (remainder from Earnings trade). I’m optimistic lol
  • $SCTY I am short the November 50 Puts. These are currently OTM so I will monitor them – will want them to go poof on Friday
  • $WFM I am long stock (1/4 size) and short the November 58/57.5 Strangle. Price is right at $58 as I write this. Will need to monitor this week. (post-earnings trade)
  • $BDBD I am long stock and short the November 17.5 Calls. I will adjust to December
  • $CSCO I am long stock and short the November 23 Straddle. No decision yet on next step
  • $CVX I am long the November 120/121 Call Spread. I will get good value out of it this week
  • $FOSL I am short the November 135/130 Strangle. Will need to monitor as the Puts are currently ITM. I have a $10.95 cushion to work with
  • $PCL I am long the November 65 Calls. Say goodbye
  • $TMUS I am long stock and short the November 28 Calls. I will adjust to December
  • $TSN I am long stock and short the November 28 Calls. I will adjust to December
  • $TTWO I am long the November 18/19 Call Spread. I’m optimistic lol

 

  • 1nvestor

    I left off that I am long $CTSH with a November 90/87.5/77.5 Collar. I will adjust to December Options

  • 1nvestor

    I will let the November 50 Calls in $AIG expire (covered calls) and won’t sell December premium until after ex-dividend on 12/03

  • 1nvestor

    I have left off one detail for $NSM in that I am short stock since 11/08 on the $40 break.

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