AZO Earnings Calendar Exit

Autozone has not stayed flat like I hoped. It has trended higher and ascending triangle has formed. I looked at making adjustments to the trade but it doesn't like I can get a favorable risk to reward. So its time to get out. One of the things that went wrong was the fast moving price action that didn't allow for time decay to work in my favor.

STC 2 AZO Feb/Mar 135 Call for $4.30
for a loss of $110 or 12.8%

IWM Iron Condor Result Followup

WOW, IWM made a awesome rally this week. It's time to take the trade of the table so we can lock in on the profits.

2/6 BTC 2 Feb 39/37 put for $0.08
2/6 BTC 5 Feb 59/61 call spread credit $0.02
1/30 BTC 3 Feb 39/37 put for $0.20
1/7 STO 5 Feb 39/37 put spread credit $0.20
1/7 STO 5 Feb 59/61 call spread credit $0.21

Total profit was $119 on $795 risk for a ROI of 14.9%

IWM Iron Condor Result

I'm worried that IWM can continue to move south so I have removed some of the risk on the put side. The call side does not look threatened so I just leave it there.

BTC 3 Feb 39/37 put for $0.20

With this adjust, I can let price move to $40 before I start losing money. Also, I placed a GTC order to buy back the remaining 2 contract for $0.10.

ALK followup trade

Alaska Air hit my target projection of $30 twice! The first time was last week then price reversed. Today, it moved $1.78 to close at $29.78. Unfortunately for me, I was out of my calendar on Wednesday for a profit of $.44 on $1.43 risk. If I stayed in until today then my profit could have been $1.10. But a win is a win.
One thing I noticed is the earning is due out the last week of Jan which should have increased the Feb IV. However, IV has stayed very neutral this month. One of the reasons I choose this trade was using the IV increase as a way to profit on the trade.

AAPL Trade Results

Apple did not turn out like I expected. The stock price began to move aggressively the first week of January. It actually touched my short strike and I was worried it might go further so I decide to close my put side (for a loss). The very next day, price retraced and never looked back. Overall, I still made a profit. But I would have made more if I kept the put side in place.

Trade log:
1/13 STC Jan/Feb 95/100 CALL $2.74
1/6 STC Jan/Feb 75/70 PUT $.90

12/30 BTO Jan/Feb 75/70 PUT $1.46
12/29 BTO Jan/Feb 95/100 CALL $1.65

Profit of $.53. Not too bad for a trade that went wrong.