BTC $FB Nov 6th 103 call for 4.30
BTC $FB Nov 6th 104 call for 3.25
I collected 8.00 total in premium when selling two iron butterflys, so with these closing trades I am left with .45 in profit.
Daily Archives: Friday, November 6, 2015
Options Expiration 11/6/15
Anyone wanting to list their expirations for today can reply to this post with their expirations for today. Have a great weekend, everyone!
One Week In!
Thank you all for being the “beta” group for the first week of OptionsBistro. I am working on several changes you will see by Monday, including a more condensed look to the posts and the ability for users to make entries. There will also be more people, as I will announce the blog to additional groups of traders.
Thanks again, everyone!
VLO rolls
Was assigned short stock last Friday at 65.00, and sold some more calls that went ITM. Rolling out as follows, staying short the stock.
BTC $VLO Nov 6th 70 calls for 1.62. Sold for .40 on Tuesday.
STO VLO Nov 13th 71 calls for 1.60
STO VLO Nov 13th 68 puts for .27
PCLN earnings trade
#Earnings Sold to Open $PCLN Nov 13th 1650 calls for 2.40. This is 14.7% OTM. Only selling calls because premium is much lower for puts this far OTM. Stock is bullish but also a bit extended.
Over last 12 quarters on earnings,
| Biggest UP move: 8.5% | Biggest DOWN move: -8.4% | Average move: 4.7% |
You have to go back 13 quarters, to July 2012, for a -17% down move. And you have to go back to August 2010 for a higher UP move, +21%. That was when PCLN was trading near $300.
SPX roll iron condor
Replacing the 2095 calls I had to close this morning for 4.70.
Sold to Open Nov 13th 2020/2040/2125/2145 iron condors for 3.00. 1.66x position size.
BOIL call
Added one more ETF on intraday Nat Gas reversal; new high in $BOIL
STO BOIL March 35 call for 2.30.
Closed SPX 2095 calls
#SPXcampaign BTC $SPX 2095 Nov 6th short calls for 4.70. Missed my shot to get out below 2.00. Action looks bullish, so not risking the possibility of ending the day above 2100. Will look to get a few cents extra by selling the long 2120 calls if I can. Also will look for a roll candidate spread.
Up from here?
Looks like downside could be finished
TICKs still bearish, but $SPX moving up
Contango ETF madness
STO $DUST Dec 11th 30 call for 1.25
BTC $NUGT Dec 18th 60 call for .40. Sold for 6.50 on Oct 9th
BTC $NUGT Jan ’16 60 call for .90. Sold for 8.50 on Oct 14th
BTC $NUGT March ’16 75 call for 1.50. Sold for 11.00 on Oct 15th
BTC $ZSL Dec 80 put for .30. Sold for 1.75 on Oct 28th
STO $ZSL Nov 20th 120 call for 2.60
STO $ZSL Jan ’16 145 call for 2.70
STO $ZSL Feb 165 call for 2.55
SPX 6-hour put spread
#SPXcampaign Sold to Open $SPX Nov 6th 2075/2060 put spreads for 1.00. More available now, but you’d have to act quickly. Stop is at 3.00.
Closed STMP puts
#Earnings Bought to close $STMP Nov 20th 60 puts for .10. Sold yesterday for .90
Closed DATA calls
#Earnings Bought to close $DATA 99 calls for 3.20… taking a loss on the trade before it gets too high. Sold the strangle yesterday for 1.95.
Good morning – Fri Nov 6th
Good news on the jobs front… futures down on the news, but could end the day anywhere. I need to exit an $SPX 2095/2120 call spread at some point. If we are strong up I will also look for an aggressive roll of the 2075/2100 I closed last night, as well as another Dec 4th call spread.
$DATA earning huge, will try to close 99 short calls early to avoid an intraday surge to 100 or higher. $STMP play a slam dunk, stock up huge.
Gold & Silver look to be tanking. Look for opportunities for call sales in $DUST and $ZSL.
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