#SPXcampaign BTC $SPX Nov 20th 2010/1985 put spreads for .10. This was trading over 7.00 last Friday. Sold for 2.15 on Nov 9th.
Would normally allow these to expire, but with monthly expiration and Friday morning settlement, I won’t leave the risk out there.
$SVXY #CoveredCalls #TopOfTheChain – Sold SVXY Dec 31 2015 71.0 Calls @ 0.80
STO LNKD 247.5/245 BuPS .96 This Friday
Closing some scraps hoping this bounce follows through a little to sell ’em again! The gift that keeps on giving…still short a bunch out through Jan 2017…
Bought to Close NUGT DEC 11 2015 40.0 Calls @ .45 (sold for 1.10)
Bought to Close NUGT DEC 18 2015 45.0 Call @ .50 (sold for 3.73)
Bought to Close NUGT DEC 18 2015 50.0 Call @ .30 (sold for 2.60)
Bought to Close NUGT DEC 18 2015 55.0 Call @ .20 (sold for 2.50)
#ContangoETFs #ReverseRoll Continuing to back out my small but ill-advised put positions.
BTC $NUGT Dec 18th 22 put for 2.50. Sold for 1.00 on Oct 16th
STO $NUGT Jan 15th 34 call for 2.70.
#SPXcampaign Selling another call spread as part of the rolls I need from last week’s stops. This is pretty far above all-time highs.
STO $SPX Dec 24th 2180/2205 call spreads for 1.30.
BTO BCE Dec 45 Calls .15, Doji, above all MA’s, H&S on 78. very good r.r. Looking for measured move to around 44.
#SPXcampaign BTC SPX NOV4 15 1915/1890 PUT @.20
#SPXcampaign BTC $SPX NOV5 15 1905/1880 BuPS @.20
#SPXcampaign STO $SPX DEC2 15 2145/2170 CALL @1.55 CBOE, thank you Mort, Robert and Paul
for letting me know the resistance levels
$UVXY #VXXGame – Sold UVXY Nov 20 2015 25.0 Puts @ 0.15 with UVXY down 10%
#SPXcampaign
BTC $SPX Nov 27th 1915/1890 put spreads for .20. Sold for 1.25 on Oct 26th.
Rolled Nov 107, 110, 112, short calls out to Dec 110, 114.29, 117.14, for even. Also, rolled this week’s 115 puts up to 120 for another 1.47 credit giving these weekly puts a nice total credit of 7.04. Don’t mind dealing with these short term issues since it’s still an overall bullish position. Jan 2017 94.29 short puts are looking great!
Closing Dec and will let Nov expire this week. Completely out of this ticker now…I may regret not being in if this thing is 300 in a couple years (see $REGN !) thanks @scottto
Bought to close OPHT DEC 18 2015 40.0 Puts @ .25 (sold for 1.50)
Nov positions will expire this week for a nice gain of 3.00…I’ll definitely be looking to get back in on any weakness.
$ZOES #EarningsScalp Followed Jeff STO ZOES NOV 20 2015 BuPS @ 0.25
$ZOES #EarningsScalp – I took one of Jeff’s trades – Sold ZOES NOV 20 2015 22.5 Puts @ 0.25. The Bid/Ask is now higher
I’m prepping a webinar for #ContangoETFs and just built this chart. Thought I’d share it with you since it’s an example of the kind of predictable behavior you can see in ETFs like $DUST, $NUGT, $UVXY, $ZSL, $TZA, $BOIL, $KOLD. Kind of like finding money on the sidewalk…
$BBY #EarningsScalp – Sold BBY Nov 20 2015 25.0 Puts @ 0.12. Larger trade size but a lower strike. The last time the stock saw this price was May 2014.
#Earnings This one is a bit riskier since it is fairly new with only 6 previous earnings reports. Still, the options are pretty far OTM and lower than the stock has been since its IPO month; stock is cheap if assigned.
PLUS, earnings are after tomorrow’s close, so only entering partial today. Will update tomorrow.
STO $ZOES Nov 20th 25 puts for .50, and 22.5 puts for .25.
Biggest UP move: 7.5% , Biggest DOWN move: -4.6% , Average move: 4.6% . These strikes are 20.5% and 28.4% OTM respectively.
#Earnings Sold to Open $BBY Nov 20th 27 puts for .30 and .32. Scaling in to full position as stock drops off its highs. Next order is in for .34. Not enough premium in calls to make a strangle.
Over last 12 earnings reports: Biggest UP move: 13.2% , Biggest DOWN move: -13.0% , Average move: 6.9% . This trade is 13.3% OTM.
Bought to close $NFLX Nov 20 108 puts for .18. Sold on 11/16 for 1.27
Closing another:
Bought to close $NFLX Dec 4 100 puts for .41. Sold on 11/16 for 1.55
$ZSL #ScalpTrade – Sold ZSL Nov 20 2015 67.5 Calls @ 0.23 on a market order. These are extremely illiquid so I’m riding them through expiration
#ContangoETFs STO $ZSL Nov 20th 63 call for 1.15
STO ZSL Dec 18th 67.5 call for 2.35
Need to keep an eye if its behavior will be any different after the split. If there’s no change, this one will always top out and fail in the 60-65 area.
#Earnings #CoveredCalls STO $NXPI Nov 27th 83 call for .50 and 84 call for .45. (assigned stock at 86.00)
Up and down yesterday, up today? Check out the great chart Robert posted (prvtrader) last night… we are at resistance on a downtrend line from beginning of November… pressed against it yesterday then failed; we will press it again this morning. I’m picking and choosing $SPX spreads wisely, playing the whipsaw action. I remain watchful for more downside since we are under a Warning from Friday.
Options Bistro 