Expirations

$FIT 11/27/2015 38 Calls (covered)
$GPRO 11/27/2015 38 Calls (covered)
$SVXY 11/27/2015 52 Puts
$AMZN 11/27/2015
110 Puts

STC $PCLN 11/27 Calls @ 4.4 (Sold @ 9.3)

#OptionsExpiration

#OptionsExpiration #Weeklys #Nov27 – A…

#OptionsExpiration #Weeklys #Nov27 – A short but profitable week. No assignments.

— Expirations-
$CMG (Weekly) Nov 27 2015 500 Puts
$DUST (Weekly) Nov 27 2015 12 Puts
$MU (Weekly) Nov 27 2015 20 Calls (Covered)
$NUGT (Weekly) Nov 27 2015 60 Calls (Covered)

$SVXY (Weekly) Nov 27 2015 65 Calls (Covered)
$SVXY (Weekly) Nov 27 2015 66 Calls (Covered)
$SVXY (Weekly) Nov 27 2015 70 Calls (Covered)

$UVXY (Weekly) Nov 27 2015 23.5 Puts
$UVXY (Weekly) Nov 27 2015 24 Puts
$UVXY (Weekly) Nov 27 2015 38 Calls (Covered)
$UVXY (Weekly) Nov 27 2015 40 Calls (Covered)
$UVXY (Weekly) Nov 27 2015 53 Calls
$UVXY (Weekly) Nov 27 2015 55 Calls
$UVXY (Weekly) Nov 27 2015 60 Calls
$UVXY (Weekly) Nov 27 2015 65 Calls
$UVXY (Weekly) Nov 27 2015 70 Calls
$UVXY (Weekly) Nov 27 2015 80 Calls

$VRX (Weekly) Nov 27 2015 116 Calls
$VRX (Weekly) Nov 27 2015 117 Calls
$WYNN (Weekly) Nov 27 2015 57 Puts (Covered)

Expirations…

#OptionsExpiration
Expiring with max profit:
$SPX 1920/1895 put spreads
$SPX 1965/1940 put spreads
$VLO 65 & 66 puts

Assignment:
$NXPI 83 & 84 covered calls, stock called away

Have a great weekend everyone!

#SPXcampaign #Earnings

VLO roll-o

#Rolling Still holding this short stock position, but sale of calls and puts is bringing cost basis up.
BTC $VLO Nov 27th 71 call for 1.95, rolled to Dec 4th 71.5 call for 2.06
BTC $VLO Nov 27th 72 call for .96, rolled to Dec 4th 73 call for 1.13

#SPXcampaign SPX NOV4 15 (Today)…

#SPXcampaign SPX NOV4 15 (Today) 2110/2130 BeCS expired worthless

#SPXcampaign SPX NOV4 15 (Today)…

#SPXcampaign SPX NOV4 15 (Today) 2020/2045 BuPS expired worthless

NUGT :)

If I ever have another dog I will name it Nugget! LOL…

Oops…one more (AGQ short calls)

Still hedging my short ZSL with short AGQ…rolled Dec 33 calls down to 30 and added more. Daring silver to rally here.

$SVXY…boring but a moneymaker

Still continuing aggressive shorting of puts and calls near the money on a weekly basis. Rolled 60 puts to next week’s 58 for .10 credit. 59 calls expiring today so sold next week 59’s for 1.70. As long as it grinds sideways these weeklies are pretty rich. Still overall net long SVXY so would love to see calls get in trouble. In the IRA I think I’ll let stock get called today at 57 with a 53 basis.

Great weekend everyone!

BOIL Bear call spreads (KOLD)

Closed Dec 30/40 for a dime. Eases the KOLD pain a little.

On the KOLD subject I also rolled my short puts from 140 to 155 against 105 calls. Strangle is now inverted 50 points while bringing in 48.58 so right now if KOLD closes Dec between 105 and 155 I’ll be at a 1.42 loss (if I let it expire). On the bright side with the huge amount of premium brought in I’ll have plenty of firepower to adjust on the next roll. Right now goal is to get out anywhere near even since it’s such a margin hog at TDA. Staying small is the key to being able to stay in these types of (experimental) trades.

#OptionsExpiration

Hope everyone had a great holiday and today was nice and boring in the market (other than Nat Gas).

A bit of an early ball spike but don’t expect to be around this afternoon.

Expirations:

$SVXY $48 Puts

$UVXY $25 Puts

$UVXY $53 Calls

Have a great weekend everyone.

#OptionsExpiration

TZA Bear call spreads

Closed a few of these for pennies. Still short Dec 11 weeklies and Jan monthlies.

NFLX puts

Been out working last few days but did mange a few odds and ends…

NFLX 120 puts expired last week so replaced them with 117 puts earlier this week. Now rolled those up to 123 puts for an additional 1.45 credit. Total credit now up to 2.75 expiring next week. Still aggressively selling the puts against ITM calls I’m short. Also short Jan 2017 put Leaps.

SPX will expire today IC…

SPX will expire today IC 2025/2015 2115/2125

SPX Weekly spread closed

BTC $SPX Nov27 2100/2105 at 0.05. Probably go worthless, ha, but I’m going to enjoy the rest of the holiday by not sitting in front of the computer. Happy trading all. Jeff thanks for another successful blog week! PS…was the pie great?

SPX spreads closing

#SPXcampaign – Not much movement in the index, but theta decay is moving nicely…
BTC $SPX Dec 11th 2165/2190 call spreads for .20. Sold for 1.25 on Nov 10th.
BTC $SPX Dec 4th 1950/1925 put spreads for .20. Sold for 1.25 on Nov 3rd.

SPX spread close

#SPXCampaign BTC $SPX Nov 30th 2145/2170 call spreads for .05. Closed for margin. Sold as part of an iron condor for 2.00 on Nov 9th.

$SVXY #CoveredCalls – Sold SVXY…

$SVXY #CoveredCalls – Sold SVXY Dec 31 2015 70.0 Calls @ 0.70. Only a partial fill on my order

KOLD strikes added

Strikes up to 215 added to January and later. Not selling anymore today, but I will if we continue higher. Looking to load up some puts on every pullback.

BTO IWM 119 Calls Dec…

BTO IWM 119 Calls Dec 1.84

SPX iron condor

#SPXcampaign Today I am looking to complete my full position for the Dec 24th expiry, which means I need a spread on each side. Starting with: STO $SPX Dec 24th 2165/2190 call spreads for 1.30.
Then, a few seconds later on a spike down: STO $SPX Dec 24th 1950/1925 put spreads for 1.40.
Done!