#OptionsExpiration and Adjustments for 1/8
Had to do some maneuvering and didn’t have a chance to post earlier.
Bought to close $NFLX Jan 8 114 puts @ 1.51 as the stock was falling through 113 earlier, to avoid assignment. Sold for 4.70 as a rollout on 12/14. Overall rolled position profitable by 1.17 per contract.
Rolled $NFLX Jan 8 115 puts down and out to next week–Jan 15 113 puts @ .76 credit. Booking a loss of 1.05 per contract on this roll.
Rolled $SVXY Jan 8 45 put out to Feb 5 45 put @ 1.94 credit. Booking a loss of 3.35 per contract on this roll.
Expirations:
$NFLX 01/08/2016 110 puts
$UVXY 01/08/2016 50 calls
$UVXY 01/08/2016 80 calls
$SPX 01/08/2016 2160/2185 call spreads
$SPX 01/08/2016 1865/1840 put spreads
No assignments this week. That won’t be the case next week if the market doesn’t turn around. Big January monthly expiration on Friday 1/15.
Have a great weekend everyone!