[GUEST ACCESS MODE: Data is scrambled or limited to provide examples. Make requests using your API key to unlock full data. Check https://lunarcrush.ai/auth for authentication information.]  Jeff Fischer [@OptionWell](/creator/twitter/OptionWell) on x 13.7K followers Created: 2025-07-16 13:13:38 UTC Mid-July Option Well Update Stocks have stayed resilient so far this month, with the Nasdaq and S&P XXX both touching new highs on the 15th. The momentum has been notable, with many stocks jumping much higher. $CRDO is up XX% since being mentioned here as a new position last month, and many others have jumped, too. With the VIX at a low 17, options are paying less than average. There seems to be fewer good option-writing opportunities right now, but strategies such as strangles on $ABNB have continued to work. Expired this month: $ABNB 7/3 $XXX puts, $XXX calls (short strangle) $NFLX 7/11 $1290 puts, $1310 calls (short strangle) - closed this iteration at a loss; didn't roll with earnings soon $TTD 7/11 $XX calls - closed for a partial gain $UBER 7/11 $XX puts Currently Open (all "sold to open" except two): $ADMA 7/18 $XX puts $DASH 7/18 $XXXXXX puts $NFLX 7/18 $1200 puts $SPOT 7/18 $722.50, $XXXXXX puts $ABNB 7/25 $XXX puts, $XXX calls (short strangle) $GOOGL 8/1 $XXX puts $AMZN 8/15 $XXX calls -- rolling up soon $TTD 8/15 $XX calls $ABNB 9/19 $XXX calls $DASH 1/15/2027 short $XXX puts, long $XXX calls; synthetic long set up without cost $JOBY 1/15/2027 short $XX puts, long $XX calls; synthetic long set up without cost The 7/18 expirations are smaller positions than usual, as dialing back a bit right now seems prudent. Some may be closed early for partial gains if possible; others will likely need rolling. ADMA will likely need to be rolled again. And NFLX reports Thursday afternoon. The 2027 synthetic longs are a way to have long exposure without out-of-pocket costs, especially with split-strike synthetic longs such as these above. $JOBY was set up when the stock was $XX just days ago, thanks to a @7Innovator writeup that caught my (speculative) imagination. It's another example of a stock running suddenly. Now the market cap is half of $LUV's, so... not sure what to think of that. Writing puts on $UBER, $DASH and $SPOT will likely continue, and maybe on $RDDT again, but all carefully, and maybe with longer-term expirations. Certainly again on $GOOG. And will likely continue with $NFLX post earnings (I may close the 7/18 puts before earnings; it depends). This said, going slower or smaller as we start to see inflation creep up last month, and as options pay less, seems to make sense at the moment. The year has already been giving. The market seems to be suggesting that tariffs won't have much of an impact on earnings, and indeed that earnings growth will be healthy -- otherwise, why the rally? Expectations for lower interest rates this year are now muted or modest, though. Meanwhile, just keeping stocks alone for the long haul. XXXXXX engagements  **Related Topics** [has been](/topic/has-been) [notable](/topic/notable) [vix](/topic/vix) [momentum](/topic/momentum) [rating agency](/topic/rating-agency) [nasdaq](/topic/nasdaq) [stocks](/topic/stocks) [$spy](/topic/$spy) [Post Link](https://x.com/OptionWell/status/1945471891965149331)
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Jeff Fischer @OptionWell on x 13.7K followers
Created: 2025-07-16 13:13:38 UTC
Mid-July Option Well Update
Stocks have stayed resilient so far this month, with the Nasdaq and S&P XXX both touching new highs on the 15th.
The momentum has been notable, with many stocks jumping much higher. $CRDO is up XX% since being mentioned here as a new position last month, and many others have jumped, too.
With the VIX at a low 17, options are paying less than average. There seems to be fewer good option-writing opportunities right now, but strategies such as strangles on $ABNB have continued to work.
Expired this month:
$ABNB 7/3 $XXX puts, $XXX calls (short strangle) $NFLX 7/11 $1290 puts, $1310 calls (short strangle) - closed this iteration at a loss; didn't roll with earnings soon $TTD 7/11 $XX calls - closed for a partial gain $UBER 7/11 $XX puts
Currently Open (all "sold to open" except two):
$ADMA 7/18 $XX puts $DASH 7/18 $XXXXXX puts $NFLX 7/18 $1200 puts $SPOT 7/18 $722.50, $XXXXXX puts $ABNB 7/25 $XXX puts, $XXX calls (short strangle)
$GOOGL 8/1 $XXX puts $AMZN 8/15 $XXX calls -- rolling up soon $TTD 8/15 $XX calls $ABNB 9/19 $XXX calls
$DASH 1/15/2027 short $XXX puts, long $XXX calls; synthetic long set up without cost $JOBY 1/15/2027 short $XX puts, long $XX calls; synthetic long set up without cost
The 7/18 expirations are smaller positions than usual, as dialing back a bit right now seems prudent. Some may be closed early for partial gains if possible; others will likely need rolling. ADMA will likely need to be rolled again. And NFLX reports Thursday afternoon.
The 2027 synthetic longs are a way to have long exposure without out-of-pocket costs, especially with split-strike synthetic longs such as these above. $JOBY was set up when the stock was $XX just days ago, thanks to a @7Innovator writeup that caught my (speculative) imagination. It's another example of a stock running suddenly. Now the market cap is half of $LUV's, so... not sure what to think of that.
Writing puts on $UBER, $DASH and $SPOT will likely continue, and maybe on $RDDT again, but all carefully, and maybe with longer-term expirations. Certainly again on $GOOG. And will likely continue with $NFLX post earnings (I may close the 7/18 puts before earnings; it depends).
This said, going slower or smaller as we start to see inflation creep up last month, and as options pay less, seems to make sense at the moment. The year has already been giving.
The market seems to be suggesting that tariffs won't have much of an impact on earnings, and indeed that earnings growth will be healthy -- otherwise, why the rally? Expectations for lower interest rates this year are now muted or modest, though.
Meanwhile, just keeping stocks alone for the long haul.
XXXXXX engagements
Related Topics has been notable vix momentum rating agency nasdaq stocks $spy