#MarketHours #OptionsExpiration – the market…

#MarketHours #OptionsExpiration – the market closes at 1:00 on Thursday. So only 2 1/2 days until the next expiration.

Sell. Sell. Sell!!!!

NFLX earnings date announced

It will officially be Jan 19 after the close. In a move outside of recent character, $NFLX will be reporting after the monthly options expiration date, not before. While the market seems to have anticipated this for the most part (greatest IV jump in the 1/22 options), IVs were still a bit elevated in the 1/15 vs the 1/8 expirations as the company has jumped the announcement date earlier than expected the last few quarters. I’d expect to see option prices come in a little bit tomorrow for the January monthlies as ATM IVs come down from the 47 area back to 41-42 or so. Not dramatic, but with this IV contraction I’ll be watching for early opportunities to take off some far OTM short call positions for January.

Christmas

Loving the snow, Jeff. Nice touch. Makes me want to burst into Christmas song. Be thankful you only have to read my words, not hear them 🙂

$SVXY #CoveredCalls #VXXGame – Sold…

$SVXY #CoveredCalls #VXXGame – Sold SVXY Jun 17 2016 80.0 Calls @ 1.60 adding to my position

CMG: Going back to the well

Premium selling that is, not one of their burritos. Sold a 2 standard deviation put in January. Delta of 07.
STO CMG Jan 15 2016 425 put @ 2.50

$DUST

STO Mar $35 calls @ $1.25

$SVXY #CoveredCalls #IRA

BTC Dec 24 $56 calls @ $.02

STO Jan 8 $55 calls @ $.95