Liquidated QCOM 23 NOV 64 / 62 Bull Put Spread at $.88 for Net Credit of $0.02 while underlying was $63.11

Let’s Liquidate our Bull Put Spread on Qualcomm Inc (QCOM) – earnings coming out after the closing bell and I don’t like how the stock is reacting based on the strength of the stock market – the price is within $.05 of our entry price – let’s scratch the trade at the current price and be done with it.

Ticker Symbol: QCOM
Expiration: November 23, 2018

Liquidate Bull Put Spread
Buy to Close the 64 Put
Sell to Close the 62 Put

Current midprice is $.88 – look for a DEBIT of between $.85 and $.90 or lower.


Liquidated 9 NOV MSFT 112/110 Bull Put Spread at $.85 for Net Credit of $.15 while underlying was $110.94 AND Filled on MSFT 23 NOV 112/110 Bull Put Spread at $.90 while underlying was $111.41

Let’s roll our Bull Put Spread on Microsoft Corp (MSFT) and buy some more time. If you don’t already have the position on that we’re rolling out to buy more time, it’s ok to initiate this Bull Put Spread.

Ticker Symbol: MSFT

Expiration: November 9, 2018
Liquidate Bull Put Spread
Buy to Close the 112 Put
Sell to Close the 110 Put

Current midprice is $.90 – look for a DEBIT of between $.85 and $.95 or lower.

Expiration: November 23, 2018
Initiate Bull Put Spread
Sell to Open the 112 Put
Buy to Open the 110 Put

The midprice is currently showing $.94 – let’s look for a CREDIT of between $.90 and $1.00.


Liquidated QQQ 16 NOV 169.5 / 167.5 Bull Put Spread at $.44 for Net Credit of $0.32 while underlying was $172.65

Let’s lighten the Bull Put Spread trades we have on by liquidating the QQQ Bull Put Spread – at/near $.45 or lower – current price is near $.42

Ticker Symbol: QQQ
Expiration: November 16, 2018

Liquidate Bull Put Spread
Buy to Close the 169.5 Put
Sell to Close the 167.5 Put

Look for a DEBIT of near $.45 or lower.