$SVXY #OptionsExpiration
Expired
$SVXY Dec 31st 52 Call
$SVXY Dec 31st 56 Call
$SVXY Dec 31st 45 Put
Monthly Archives: December 2015
Have a wonderful, safe New…
Have a wonderful, safe New Year’s everyone!
Options Expiration 12/31
I was away from my desk for the last couple of hours of trading. While I was out, I had to close a position I thought was probably safe earlier in the day; it proved not to be the case so I wanted to avoid assignment. Bought to close $NFLX Dec 31 115 puts @ .49. Was able to still take out over 70% of max profit.
Expirations:
$NUGT 12/31/2015 34.00 calls
$UVXY 12/31/2015 56.00 calls
No assignments this week.
Have a fantastic (and safe) New Years everyone. To a happy, healthy and prosperous 2016!
#OptionsExpiration #Weeklys #Dec31 #EndOfYear -…
#OptionsExpiration #Weeklys #Dec31 #EndOfYear – One last week with 100% of the short Options sold expiring with 100% of the max Profit.
I love selling premium, and I love weekly expirations.
CMG (Weekly) Dec 31 2015 400 Puts
KSU (Weekly) Dec 31 2015 75 Calls (Covered)
NUGT (Weekly) Dec 31 2015 35 Calls (Covered)
SVXY (Weekly) Dec 31 2015 53 Calls (Covered)
SVXY (Weekly) Dec 31 2015 54 Calls (Covered)
SVXY (Weekly) Dec 31 2015 65 Calls (Covered)
SVXY (Weekly) Dec 31 2015 70 Calls (Covered)
SVXY (Weekly) Dec 31 2015 71 Calls (Covered)
UVXY (Weekly) Dec 31 2015 20 Puts
UVXY (Weekly) Dec 31 2015 56 Calls (Covered)
WYNN (Weekly) Dec 31 2015 64.5 Puts (Covered)
XOP (Weekly) Dec 31 2015 31.5 Calls (Covered)
Happy New Year everyone
Options Expiration 12/31/15
Expiring with 100% of max profit:
$DUST 20 calls
$NUGT 34 call
$SPX 2005/1980 put spreads
$SPX 2100/2125 call spreads
$VLO 66 puts (covered)
Have a great New Year’s weekend every one! See you on the other side.
#OptionsExpiration
I was just popping in for a moment. Will be away for the rest of the day. Since I knew I was traveling and visiting family over the holiday’s, I purposely had very few options contracts this week.
A bit of an early ball spike but here is my lone remaining option expiring today:
$UVXY $24 puts
Have a great new years everyone. See you next week.
Kelly
Adding SPX one-week condor
#SPXcampaign Selling $SPX Jan 8th 2100/2125 call spreads, and 1970/1945 put spreads. Looking for 1.25-1.35 each side. Small in size. This will complete my #Rolling for the week. Adding more to the call spread I started this morning, and opening new lower striked put spreads. My 2000/1975 puts survived the day, just barely. Since it’s the only put spread I have I’m okay holding it over a weekend, even though market it precarious.
$NUGT
STO Jan 22 $32 calls @ $0.65
UVXY puts
#VXXGame STO $UVXY Jan 15th 23 puts for .90
STO UVXY Jan 22nd 22 puts for 1.00
STO UVXY Jan 22nd 22/20 put spreads for .55 (smaller account)
$SVXY
Popping in to wish everyone a Happy New Year! and put on a covered call. Sold Jan 15 55 Covered Call, @ 1.05. Replacing what expires today. As usual I was a tad early and sold right before the pop. May all your trades be profitable in the coming year.
UVXY puts
$UVXY – Putting the hedge back on a strike lower next week. Margin free against Jan monthly 35/50 45/60 55/70 55/75 bear call spreads. Half position so far…Jeff is right…these are pretty easy to roll down especially if VIX stays above 15 or so. Plenty of SVXY will be doing great if these get too far in the money.
Sold UVXY JAN 8 2016 26.0 Puts @ 1.20
Sold UVXY JAN 8 2016 26.0 Puts @ 1.30
Sold UVXY JAN 8 2016 26.0 Puts @ 1.35
Sold UVXY JAN 8 2016 26.0 Puts @ 1.40
$UVXY #ShortCalls – Sold UVXY…
$UVXY #ShortCalls – Sold UVXY Mar 18 2016 165.0 Calls @ 1.71. Highest available strike price for this month.
$NUGT
STO Jan 8 $29 calls @ $0.30
GG says:
$DGAZ running again on weekly EIA 10:30 release back in 12.52 now out at 13.05 10 min 4% scalpie
————————————————————————————
Now I grew up in a small town in a little school but I still can’t make that math work…4 percent? What am I missing?
SVXY UVXY…trimming the hedges
Taking off a very profitable weekly hedge. Went against the grain a little but paid nicely. Will re-load on any strength.
Bought to Close UVXY DEC 31 2015 27.0 Puts @ .15 (sold for 1.40)
Bought to Close SVXY DEC 31 2015 52.0 Calls @ .15 (sold for 1.40)
$TSLA #ShortPuts – Bought to…
$TSLA #ShortPuts – Bought to close 1 TSLA Jan 15 2016 140.0 Put @ 0.01.
Originally sold 11/05/2014 at 10.40
$DXY $UUP $/GC $GDX
Pretty interesting that Gold is up on a day where the Dollar is showing some real strength. We’ll have to see if that holds up as the day goes on. If gold reverses and starts dropping, I’ll look to add some additional short term $NUGT positions.
SPX call spread roll
#SPXcampaign STO $SPX Jan 8th 2100/2125 call spreads for 1.30, as part of a roll from this week’s call spread that was stopped on Monday. Getting a bit whipsawed this week, as I expected a flat to bullish week before volatility came in next week. Maybe I had that backwards, or maybe this week being down is the start of a January correction early. In any case, I am now watching next week’s 2000/1975 put spread, which is approaching its stop level. It’s the only put spread I’m holding beyond this week. I want to sell more call spreads, and will do if SPX can gain its footing today.
SVXY puts
Opened my first position in February. Sold $SVXY Feb 19 35.00 puts @ 1.10.
#VXXGame
Trades
STO $KOLD 5/20 $310C @ 8.8 Thanks Iceman
STO $KOLD 5/20 $275C @ 7.3 Thanks Iceman
STO $KOLD 5/20 $114P @ 1.3 Thanks Iceman
BTO Cov Call $CLVS 1/15 35C @ 32.5 net
BTO Cov Call $GPS 2/19 26C @ 24.55 net Thanks Forexpro
STO $AMZN 1/15 640/650 BUPS @1.15
STO $NFLX 1/15 110/115 BUPS @ 1.15
STO $SPXW 1/8 1975/2000 BUPS @1.25 Thanks Jeff
STO $UVXY 1/15 22P and 2oP @ 1 and .45 Thanks Iceman
STO $THC 2/19 25P @.7 Thanks Ramie
$UVXY
STO Jan 15 $21 puts @ $0.50 to replace $24 puts that should expire worthless on Thursday.
$KOLD – I’m now the…
$KOLD – I’m now the bid “at a nickel” on several of the short puts I sold in this name yesterday. I’ll keep these as GTC orders until Jan 8th. If they have not filled by then, I’ll cancel the orders and gut out the last week until expiration.
Tomorrow is the last trading day of 2015. Made money overall and I hope you all (or y’all) did too.
$KSU #CoveredCalls – Sold KSU…
$KSU #CoveredCalls – Sold KSU Dec 31 2015 75.0 Calls @ 0.35. These expire tomorrow
Selling puts on THC
I’m light on health care stocks so selling some Feb puts in this name. Expiration before scheduled earnings.
Sold Feb 19 25.00 puts @ .65 with the stock at 30.42. Strike price is below the recent lows of around 26.60 in mid-December and mid-October.
$AMBA Sold some Jan 15…
$AMBA Sold some Jan 15 61 covered calls @1.07 as I slowly erase a deficit from bad BuPS in the past.
Selling puts on RRC
Relatively high IV (IV rank of 76). Sold $RRC Feb 19 20 puts @ .90. Strike is below recent lows. Earnings not expected until Feb 23.
KOLD pop
Of course, my morning post yesterday probably signaled a low in $KOLD. Nothing like shouting that it will be below 100 in two weeks to get it to shoot higher immediately. Still, taking some put side risk off and adding some calls.
BTC $KOLD Jan 114 puts for 1.50. Sold for 3.45 on 12/3
BTC $KOLD Feb 90 put for 2.00. Sold for 4.00 on 11/23
STO KOLD Feb 240 call for 5.00
STO KOLD Feb 250/275 call spreads for 1.00 — the margin to sell 4 of these was less than selling one 250 call for 4.00
$KOLD – the high bids…
$KOLD – the high bids have vanished for the KOLD Jan Puts I sold yesterday, except for (surprisingly) the 114 Puts (1 Bid by 2 ask). Whoever hits the bid first wins!!
Heavy metals
#ContangoETFs
STO $DUST Feb 25 calls for 1.05
STO $ZSL May 80 call for 3.00
@GG and @DeBeers are going…
@GG and @DeBeers are going at it over on SMM. I’ll copy it here incase the post gets removed
“@GreenGhost $BA -In order:
1. I am insulting the zero hedge drivel–not you
2. When you demonstrate your knowledge of the supply chain, I’ll be glad to recognize it
3. Ford never took money and i never said they did.
4. One stock is necessary to the defense of the country and one (GM ) isn’t.
5. Any day, any time you wish to compare either due dil or stock returns bring it on. You can change your SMM name as many times as you are forced to but you are still an over bearing bully and it won’t work on me.
6. And, FYI oil has another leg down before the rebound which will come as soon as there are significantly fewer players”
$CHK – huge move today…
$BOIL #ShortCalls #NatGas – Along with my short Puts on KOLD, I also sold some calls on BOIL.
Sold BOIL Jan 15 2016 23.0 Calls @ 0.30
Sold BOIL Jan 15 2016 24.0 Calls @ 0.30
Sold BOIL Jan 15 2016 25.0 Calls @ 0.30
These expire in a bit more than 2 weeks.
SPX Spreads
#SPXCampaign – couldn’t get this posted earlier, but opened two call spreads and one put spread today.
STO $SPX Jan 08 2130/2140 BeCS for 0.45. Just completed iron condor by STO $SPX Jan 08 2000/1990 BuPS for 0.60. Total of 1.05 for iron condor for Jan 08.
STO $SPX Jan 15 2135/2145 BeCS for 0.70. Will be looking for put spread for iron condor here as well.
VIX Indicator status
#SPXCampaign – Based on the behavior of the $VIX in recent days, I am not convinced that we are moving much higher. Yesterday the VIX saw a healthy pop, even though the index pullback was minor. And today we are not seeing as much of a VIX drop as you would expect with such a bullish market. Last week we got two closes below the 78.6% Fib line, but the confirmation of upside bias was denied when the third consecutive day failed yesterday. Now we will see if it can get back below there today (15.80).
SPX IC roll
#SPXcampaign #Rolling #IronCondor
Rolling the earlier stopped call spread into an iron condor. Selling puts first, and will wait for higher price in index to sell calls.
STO $SPX Jan 8th 2000/1975 put spreads for 1.25.
$KOLD #ShortPuts #NatGas – some…
$KOLD #ShortPuts #NatGas – some of these may be assigned in about 2 1/2 weeks, but since I am short some Feb and May 136/140 calls, it’s all good.
Sold 1 KOLD Jan 15 2016 114.0 Put @ 2.40
Sold 1 KOLD Jan 15 2016 115.0 Put @ 2.30
Sold 1 KOLD Jan 15 2016 116.0 Put @ 3.20
Sold 1 KOLD Jan 15 2016 117.0 Put @ 2.70
Sold 1 KOLD Jan 15 2016 118.0 Put @ 3.90
Sold 1 KOLD Jan 15 2016 119.0 Put @ 4.10
Sold 1 KOLD Jan 15 2016 120.0 Put @ 4.30
Sold 1 KOLD Jan 15 2016 121.0 Put @ 4.70
Sold 1 KOLD Jan 15 2016 122.0 Put @ 4.90
Sold 1 KOLD Jan 15 2016 123.0 Put @ 5.20
Sold 1 KOLD Jan 15 2016 124.0 Put @ 5.50
Sold 1 KOLD Jan 15 2016 125.0 Put @ 5.80
Sold 1 KOLD Jan 15 2016 126.0 Put @ 6.20
Sold 1 KOLD Jan 15 2016 127.0 Put @ 6.60
These are horribly illiquid so sales need to execute on the opening on a big down day, like these did.
SPX call spread opened
#SPXcampaign STO $SPX Jan 29th 2160/2185 call spreads for 1.35, with SPX at 2074.
UVXY puts
#VXXGame STO $UVXY Jan 15th 22 puts for 1.10. Added to the 20 puts previously sold.
Closed IC This Week SPX…
Closed IC This Week SPX BTC 2010/2000 .10 – 2065/2075 6.20 lost 247 on this one.
SPX call spread closed
#SPXcampaign BTC $SPX Dec 31st 2085/2110 call spreads for 4.50. Sold last week for 3.90 as a roll. Will look to replace with a higher Jan 8th spread, but will wait as I believe we will move higher this week.
KOLD roll
#ContangoETFs #ReverseRoll
BTC $KOLD Jan 150 put for 21.00. Sold for 4.10 on 12/14
BTC KOLD Jan 140 put for 14.00. Sold for 3.10
STO KOLD Feb 110 call for 35.60 (ITM)
STO KOLD May 275 call for 7.00
BOIL popping
Sold $BOIL Mar 18 2016 25 covered call @ 1.50
Good morning….
Nat Gas futures up again… seems clear we are in a sustained bounce/rally, even as other energy still wavers. Not sure if the bottom is in, but if the upticks continue, and with the magnified effect on 2x ETF’s, $KOLD is set to collapse back below 100 with in a couple weeks. I am #ReverseRoll my way out of short puts, able to still sell calls above 200 and even 300 before they die a slow death. I was trying to get out of my 150 put yesterday but thought maybe we’d get a small pullback in Gas today. No such luck, and now KOLD is opening 12 points lower. No more waiting… closing 150 and 140 puts today. Fortunately, ITM calls, including the 150 CALL I sold for 64.00, are coming in nicely.
Closed SCTY strangle
I missed this earlier, but I was filled on my bid to close out the strangle I sold on on 12/16.
Bought to close $SCTY 1/15/16 35/65 strangle @ .53. Sold for 1.45.
AMZN Covered Calls
Sold $AMZN Jan 22 (weekly) 740 call @ 1.40
DUST covered calls
Sold $DUST Jan 29 (weekly) 20 calls @ 1.25
NUGT puts anyone?
I’m a little scared to go to the put side but the Feb 15’s are bringing about 75 cents. Awful tempting since they’d be margin free.
Whaddya think?
Talk about KOLD….wow
Just landed in Vail and talk about cold! About 10 below when we touched down. Burning the nat gas out here!!
Not doing much this week…everything looks great and theta doing it’s thing.
$GMCR @ShortPuts – Bought to…
$GMCR @ShortPuts – Bought to close GMCR Jan 15 2016 50.0 Puts @ 0.01. Sold on 07/08/2015 @ 1.19.
$SVXY
Popped in to see how the world was shaping up. Decided to close my Dec 31st 48 Puts for 0.25. Originally sold Dec 16 for 1.40 and a bit of heat from GG for being early. I was early so I’m glad it has worked out well. Have a great New Year if I don’t pop back in later this week.
$SVXY #CoveredCalls – I have…
$SVXY #CoveredCalls – I have been selling these strikes for several weeks. They have all expired so far.
Sold SVXY Dec 31 2015 53.0 Calls @ 0.50.
Sold SVXY Dec 31 2015 54.0 Calls @ 0.26.
Both sold against Long stock purchased below the strike prices. These expire in 4 days.
$UVXY # ShortCalls – Sold…
$UVXY #ShortCalls – Sold 1 UVXY Feb 19 2016 60.0 Call @ 2.80. Highest available strike price
$BOIL #ShortCalls – sold all…
$BOIL #ShortCalls – sold all the following
BOIL Feb 19 2016 22.0 Calls @ 0.90
BOIL Mar 18 2016 24.0 Calls @ 1.00
BOIL Jun 17 2016 26.0 Calls @ 1.40
Paired with Short June Puts already on the books
Valeant Pharmaceuticals VRX is down…
Valeant Pharmaceuticals VRX is down 9% because the CEO is on sick leave. This is why I don’t trade a single company. I am only trading Indexes
Stopped KOLD
#ContangoETFs #ReverseRoll
BTC $KOLD Jan 170 put for 22.60. Sold for 6.80 on 12/15
STO $KOLD May 320 calls (x3) for 9.40, highest available strike
ZSL calls
#ContangoETFs First ZSL calls I’ve added in awhile, I haven’t been playing as much since the reverse split since so much attention has been on KOLD
STO $ZSL Jan 15th 65 calls for 1.60, adding to 70 and 72.5 calls
Good morning…
Hope everyone had a wonderful weekend! Another low volume week… I’m watching for indications of what will happen in January, but not reading too much into minor moves this week. Will look to continue selling call spreads on rallies, but keeping put spreads few and close to expiration.
GM all
GM all
Real snow!
Real snow!
Options Expiration
Much better than last week
Full Profit
$SPXW 1910/1935 BUPS
$SPXW 1965/1990 BUPS
$SVXY 40P
$SVXY 50P
$UVXY 23.5P (thank you Iceman)
Partial profit
$UVXY 28P (Closed @ 40% profit to avoid assignment)
$UVXY 27P (Closed @ 75% profit to avoid assignment)
#OptionsExpiration Dec 24 Expiration with…
#OptionsExpiration Dec 24 Expiration with 100% profit AMZN Dec 670/675 sold at .30 12/23.
Merry Christmas to all!
Thanks Jeff for all you work developing Options Bistro!
#OptionsExpiration #Dec24 Weeklys – Nice…
#OptionsExpiration #Dec24 Weeklys – Nice Christmas present for a short trading week. No assignments.
— Expired —
CMG (Weekly) Dec 24 2015 420 Puts
NUGT (Weekly) Dec 24 2015 35 Calls (Covered)
NUGT (Weekly) Dec 24 2015 36 Calls (Covered)
SVXY (Weekly) Dec 24 2015 41 Puts
SVXY (Weekly) Dec 24 2015 53 Calls (Covered)
SVXY (Weekly) Dec 24 2015 54 Calls
SVXY (Weekly) Dec 24 2015 65 Calls (Covered)
SVXY (Weekly) Dec 24 2015 66 Calls (Covered)
SVXY (Weekly) Dec 24 2015 70 Calls (Covered)
SVXY (Weekly) Dec 24 2015 71 Calls (Covered)
UVXY (Weekly) Dec 24 2015 20 Puts
UVXY (Weekly) Dec 24 2015 20.5 Puts
UVXY (Weekly) Dec 24 2015 21 Puts
UVXY (Weekly) Dec 24 2015 21.5 Puts
UVXY (Weekly) Dec 24 2015 22 Puts
UVXY (Weekly) Dec 24 2015 22.5 Puts
UVXY (Weekly) Dec 24 2015 23.5 Puts
UVXY (Weekly) Dec 24 2015 24.5 Puts
UVXY (Weekly) Dec 24 2015 43 Calls (Covered)
UVXY (Weekly) Dec 24 2015 43.5 Calls (Covered)
UVXY (Weekly) Dec 24 2015 44 Calls (Covered)
UVXY (Weekly) Dec 24 2015 44.5 Calls (Covered)
UVXY (Weekly) Dec 24 2015 45 Calls (Covered)
UVXY (Weekly) Dec 24 2015 46 Calls (Covered)
UVXY (Weekly) Dec 24 2015 55 Calls
UVXY (Weekly) Dec 24 2015 70 Calls
WYNN (Weekly) Dec 24 2015 57 Puts (Covered)
Options Expiration 12/24/15
#OptionsExpiration Expiring with 100% of max profit…
$SPX 1990/1965 put spreads
$UVXY 50 calls
$VLO 67 covered puts
Happy Holidays to everyone! Thanks for making the early days of Bistro so successful. I look forward to growth and much more in 2016.
Stone KOLD rolling
#ContangoETFs #ReverseRoll
Yesterday BTC $KOLD Jan 170 put for 13.60
Today STO $KOLD Feb 240 call for 14.00
$RLYP
STO 1/15 $25P @ 1.05
BTO Covered call 1/15 $30 for $26.5
Merry Christmas to all. Thank you all for the profitable ideas. Jeff, you the man!
Healthy prosperous 2016 for all.
Hope this is all the snow I see this winter.
Complete 4-day iron condor
#SPXcampaign STO $SPX Dec 31st 2100/2125 call spreads for 1.55. Combined with put spread sold this morning, completes iron condor for 2.80 total. With 3.00 stop on either side, max loss is .20.
Happy Holidays ALL
Happy Holidays ALL
Happy & Safe Holidays to…
Happy & Safe Holidays to all
#Market
Was away from the market all day yesterday traveling. Just checking in today to see what’s happening.
Have a great holiday everyone.
4-day put spread
#SPXcampaign STO $SPX Dec 31st 2010/1985 put spreads for 1.25. Expire next Thursday on another shortened trading week. Will look to make it a condor.
Call spread closed
#SPXcampaign BTC $SPX Jan 8th 2160/2185 call spreads for .15. Sold for 1.25 on Dec 9th.
VIX Indicator… bullish reversal?
The $VIX closed below 15.80 today, which is the 78.6 retracement level for the 12/14 peak. Three consecutive closes below 15.80 will nullify the recent Downside Warnings and fire an Upside Warning. It’s entirely possible this will happen in the coming days since we are in low volume vacation mode. Although the upside signal does not always mean a huge rally, it almost always has indicated the cessation of volatility since the year 2000.
#MedicalTechnology If you’re tired of…
#MedicalTechnology If you’re tired of watching the Fibs, spreading on the SPF, defrosting the toilet tank take a moment to look at CRISPR-Cas9, genome editing technology. Absolutely, amazing! Makes one wonder what spinoffs could come in the form of trading opportunities?
Five-hour spread
#SPXcampaign BTC $SPX Dec 24th 2030/2010 put spreads for .10. Sold this morning for 1.10. Could let it expire, but when the market gives you a gift, TAKE IT. (credit to Dan Sheridan for that line)
Another call spread
#SPXcampaign STO $SPX Jan 14th 2135/2160 call spreads for 1.55. Avoided last week’s whipsaw and didn’t sell any spreads in this expiration. Starting with this one…
$FB $XOP $XLE – yesterday…
$FB $XOP $XLE – yesterday it was NFLX underperforming on a strong day. Today it’s FB. Meanwhile XOP and XLE are coming off their recent lows in a big way
Options Bistro 