#Option Expiration

$SVXY  #OptionsExpiration
$SVXY  Dec 31st 52 Call
$SVXY  Dec 31st 56 Call
$SVXY  Dec 31st 45 Put



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.



$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.


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.



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.


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)


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.


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


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.