$UVXY #ShortPuts #VXXGame – Sold…

$UVXY #ShortPuts #VXXGame – Sold UVXY Feb 19 2016 13.0 Puts @ 0.38. Late fill at 4:15 and my first trade in Feb for this stock.

Sorry, was out a lot…

Sorry, was out a lot today but STO IBF NKE for tomorrow Earnings play 136/130/124 4.61

#earnings, #ironbutterfly

UVXY puts

#VXXGame After-hours fills:
STO $UVXY Jan 8th 22 puts for .92
STO $UVXY Jan 15th 20 puts for .80

$SVXY

$SVXY Popping in for a quick peak at the market. Sold $SVXY Jan 55 covered call @ 2.30. Stock assigned @ 50 back Dec 11th.

As Dan noted today $WFM…

As Dan noted today $WFM is breaking out today. I have several longer term #FallingKnife trades in this stock on the books

$NFLX – it’s not a…

$NFLX – it’s not a sign of strength when NFLX is down a fraction when the DJIA is up 180 points

$UVXY #ShortPuts – hoping that…

$UVXY #ShortPuts – hoping that the drop in UVXY translates into a rally for SVXY –
Sold 1 UVXY(Weekly) Jan 22 2016 20.0 Put @ 1.13
Sold 1 UVXY(Weekly) Jan 29 2016 20.0 Puts @ 1.55

$UVXY #ShortPuts – hoping that…

$UVXY #ShortPuts – hoping that the drop in UVXY translates into a rally for SVXY –
Sold UVXY(Weekly) Jan 08 2016 20.0 Puts @ 0.35
Sold UVXY(Monthly) Jan 15 2016 20.0 Puts @ 0.73

SPX same week condor

#SPXcampaign STO $SPX Dec 24th 2060/2085 call spreads for 1.20. Combined with puts sold earlier make an iron condor. Stop is 3.00 if one of the sides hits it, meaning lax loss on full trade is .05.

$SVXY #CoveredCalls #IRA – Sold…

$SVXY #CoveredCalls #IRA – Sold SVXY Feb 19 2016 65.0 Calls @ 1.25

SVXY calls

Taking these off the table since they’re not technically covered…they’re just a short put offset.

Bought to Close SVXY JAN 15 2016 60.0 Calls @ .70 (sold for 1.35)

$SVXY Covered Call

Sold $SVXY Feb 19 63 call @ 1.55

$CMG #ShortPuts #Weeklys #ScalpTrade -…

$CMG #ShortPuts #Weeklys #ScalpTrade – Sold CMG Dec 24 2015 420.0 Puts @ 0.30 when the stock gapped down to 500 this morning.
These expire at 1:00pm on Thursday.

$SVXY #CoveredCalls – Sold 10…

$SVXY #CoveredCalls – Sold SVXY Jun 17 2016 80.0 Calls @ 1.80. Adding to my position.

$GMCR #ShortPuts – Bought to…

$GMCR #ShortPuts – Bought to close GMCR Jun 17 2016 30.0 Puts @ 0.01. Out 6 months early.
Sold on 11/30/2015 @ 1.30

NKE earnings

#Earnings STO $NKE Dec 24th 123 puts for 1.00. Biggest UP move: 12.2% , Biggest DOWN move: -5.1% , Average move: 5.2% . This trade is 5.4% OTM.

$SVXY #CoveredCalls

Spent some time thinking last night about how $SVXY is trading and the potential for additional volatility over the next month or two.  I have been selling short term calls (about 2 – 3 weeks out) at a level that would provide me a profit and would be OK having the stock called away.  This is really a Theta play.  The benefit was that if we got some short term good news/performance, I could get some shares called away or when the calls expired replace them with higher premium calls.  The downside is that the current premium is fairly low and if $SVXY pulls back further, I would be in a tough spot because my premium didn’t provide much protection and it might not pay to sell the next set of calls for a period of time.  I’m fearful that $SVXY gets close to $40 before it gets close to $60.  So I’m changing my tactic for the time being.  I’m now selling March and June calls with better premium and higher Delta than the short term calls I have been selling.  This gives me more protection in a pullback and if I’m wrong and the market runs up, gets me out of the stock at nice profits.

STO Mar $60 calls @ $3.50

STO Jun $55 calls @ $8.10

STO Jun $60 calls @ $6.10

CMG IB attempt

#IronButterfly I am trying for an iron butterfly on CMG, selling this week’s 500 call and 500 put, and buying the 490 put and 510 call for protection. I want 9.00 for it, leaving me a max risk of 1.00. It’s not trading there yet, but may fill later as the OTM options reduce in price.

$CMG #ShortPuts – Sold 1…

$CMG #ShortPuts – Sold CMG Dec 31 2015 400.0 Puts @ 1.00. Short week this week and next PLUS 100 points OTM

SPX same week put spread

#SPXcampaign STO $SPX 1990/1965 put spreads for 1.75. These expire in 2 days. Will try call spread if we get more strength today.

Generally avoiding put spreads under current VIX Indicator warnings, but I’m not too worried about a big move this week.

$SVXY #CoveredCalls #VXXGame – Sold…

$SVXY #CoveredCalls #VXXGame – Sold SVXY Jun 17 2016 80.0 Calls @ 1.70 adding to my position

Revenge is a dish best served KOLD

#ContangoETFs Nat Gas chart finally looking constructive with possible bottom in place. Dumping my only ITM put with a #ReverseRoll to higher calls. As long as we get some stabilization in gas prices, KOLD will dump.

BTC $KOLD Jan 210 put for 30.00. Sold for 21.90 on 12/15.
STO $KOLD Feb 270 calls (2) for 16.50