$CMG #ShortPuts – Sold 1…

$CMG #ShortPuts – Sold 1 CMG Jan 29 2016 390.0 Put @ 1.15, adding to my position. These expire Friday

/VX Futures

Taking a shot for a quick scalp…

SOLD FEB /VX @ 24.00

Looking to close it below 23.50 or so. I’d take 50 ticks…

Short-term put spread

#SPXcampaign Sold to Open $SPX Feb 5th 1750/1725 put spreads for 1.50.

UVXY opportunist

#VXXGame Sold all of these in $UVXY in the last hour:
Jan 29th 60 calls for .50
Feb 19th 70 calls for 2.75
Feb 26th 95 call for 1.75
Feb 26th 110 calls for 1.20
March 18th 120 call for 2.60
June 17th 110 call for 9.50

Tracking Rolls

#Rolling #ReverseRoll
I got this question via email: “…with all my rolling of short positions, I’m having a hard time keeping track of each position. I’ve had to roll some positions 4-5 times, and more, especially SVXY, so that my cost basis seems to get lost in all the mess. I currently use an Excel spread sheet that I listed monthly trades, but then I found I had to search for the strike, then enter the roll position, and it just keeps going. Finding each position after a few rolls has been difficult. Any good way that you have found to keep track of the position when you roll, especially numerous rolls?”

I can’t do you much better than Excel, but maybe others can reply with their methods. I track each trade on Excel, and if I roll the position, I will extend that trade’s Excel row to the right, adding and subtracting the costs of each roll into the P/L for that trade… goal is to come out with a profit, or at least breakeven in the end. I can provide more detail if that’s not clear, but it can be a bit confusing with multiple rolls.

SBUX stopped

#Earnings Sold to close $SBUX stock for 58.02. Stopped out on my final batch, bought for 57.52 avg price after hours on earnings day last week. Not going to hold it through more potential market ugliness.

$TWTR I sure hope this…

$TWTR I sure hope this guy is wrong
http://www.foxbusiness.com/features/2016/01/25/why-nobody-is-going-to-buy-twitter.html