Trade Alert 1/19/2024 #2


This is our 2nd newsletter today. We have two ITM covered calls in Z and DKNG that will be “called away” at 100 shares each. In both cases, we will continue to own 200 other shares. We are selling puts in both of those names to potentially get back in at lower prices.

Sell to open:  DKNG Feb 16th (monthly) 34.00 strike put
Credit:  1.10 – executed

Sell to open:  Z Feb 16th (monthly) 45.00 strike put
Credit:  0.51 – executed

Selling some covered calls early because the January c.c’s are expiring away this weekend.

Sell to open: SNOW Mar 15th (monthly) 220.00 strike call
Credit: 4.00 – executed

Sell to open: DIS Jan 26th (weekly) 96.00 strike call
Credit: 0.25 – executed

Sell to open: BAC April 19th (monthly) 36.00 strike call
Credit: 0.27 – executed

Sell to open: MTCH Mar 15th (monthly) 42.50 strike call
Credit: 0.65 – still pending

Sell to open: DKNG Mar 15th (monthly) 43.00 strike call
Credit: 1.30 – still pending