Covered call today on SWHC. Feb 19 call and stock. If called away, 6.3% return in a little over a week.
If not called, will continue to write calls.
Daily Archives: Wednesday, February 10, 2016
TSLA longer term puts
Sold $TSLA Sep 16 60 puts @ 2.20
SPX iron condor
Didn’t have anything for Feb 26, so STO Feb 26 2005/1995/1740/1730 for 1.25
$TSLA #ShortPuts #ScalpingTrade – Sold…
$TSLA #ShortPuts #ScalpingTrade – Sold TSLA FEB 12 2016 82.0 Puts @ 0.17. Did it in enough size to be a nice 2 day gain when these expire on Friday
TSLA earnings trade
Going out about 3 standard deviations to a strike the stock hasn’t seen in over 2 1/2 years. I’ll go long TSLA at 108.35 if it comes to it.
Sold $TSLA Feb 12 110 put @ 1.65.
Starting small. I may add if the premium gets better into the close.
More SPX calls
#SPXcampaign, following @Ramie on this one, Sold to Open $SPX Feb 26th 1980/2005 call spreads for 1.35.
UVXY puts…hedging my hedge
Being short some VIX futures allows an aggressive roll up of next week’s UVXY puts. Rolled next week’s 33 puts up to 38 for .60 credit. Total credit on these is now up to 2.26 on a decent size position. If these get in trouble the short futures will be cranking! Ideally UVXY drops but not all the way to 35.74. Short a bunch of call spreads as well so UVXY…come on down!
A COUPLE:
$WLL STO 2/12/16 6.0 CALLS @.25 Expires Friday.
$UVXY STO 3/18/16 30.0 PUTS @1.64 Followed @fuzzball. Thanks kid.
Maneuvering NOW
Using today’s move up to do some rolling and hedging.
Rolled $NOW Feb 60 puts out to Mar 60 puts for .77 credit
Sold $NOW Mar 60 call @ 1.10
So, with yesterday’s Mar 55 call sale, the complete adjustment to my Feb 60 puts has now become part straddle, part inverted strangle:
Mar 60 puts
Mar 55 calls
Mar 60 calls
SPX call spread
Sold $SPX Feb 26 1980/2005 BeCS @ 1.35. Outside of 1 standard deviation (1965) and over 100 points out of the money.
#SPXCampaign
NOW hedge
#Earnings STO $NOW March 18th 60 call for 1.05. Selling against underwater puts.
STO FEB 12 1940/1960 .40…
STO FEB 12 1940/1960 .40 credit
PNRA earnings
#Earnings Bought to close $PNRA Feb 19th 165/155 put spreads for .10. Sold as part of condor yesterday for 1.95. Will close calls when price pulls back.
$NUGT #ShortPuts #Weeklys – Sold…
$NUGT #ShortPuts #Weeklys – Sold NUGT Feb 12 2016 28.5 Puts @ 0.25. These expire Friday
$UVXY puts
#VXXGame STO $UVXY Feb 26th 35 puts for 1.05
STO UVXY March 4th 32 puts for 1.05
Chicken NUGT
#ContangoETFs Got caught in some ITM $NUGT calls so I’ve been rolling a bit out at a time. Today, BTC $NUGT Feb 19th 35 call for 5.50. Will sell a rolled call on the next pop up. Leaving others for now.
Also, followed @Iceman on some of these:
STO NUGT Feb 12th 30 puts for .30
STO NUGT Feb 12th 30.5 puts for .40
STO NUGT Feb 19th 26 put for .90
SPX calls sold
#SPXcampaign Sold to Open $SPX March 11th 2020/2045 call spreads for 1.25, with SPX at 1873.
ARMH post-earnings
Gap down after earnings but bouncing off lows.
Sold $ARMH Mar 18 36 puts @ 1.10.
$NFLX #ShortCalls #Weeklys #ScalpTrade -…
$NFLX #ShortCalls #Weeklys #ScalpTrade – Sold NFLX Feb 12 2016 100.0 Calls @ 0.15. These expire Friday
$NUGT #ShortPuts #Weeklys – Sold…
$NUGT #ShortPuts #Weeklys – Sold NUGT Feb 12 2016 29.0 Puts @ 0.30. These expire Friday
$DUST #CoveredCalls – Sold DUST…
$DUST #CoveredCalls – Sold DUST Feb 12 2016 8.5 Calls @ 0.25.
Stock was acquired at 8.0 via Put assignment last Friday.
These expire Friday
$NUGT #ShortPuts #Weeklys – sold…
$NUGT #ShortPuts #Weeklys – sold these on the opening this morning. These expire Friday
Sold NUGT Feb 12 2016 30.5 Puts @ 0.40
Sold NUGT Feb 12 2016 30.0 Puts @ 0.40
SPX iron condor
Finished this week’s (Feb 12) iron condor that started yesterday. STO 1780/1770 BuPS 0.45
GM
GM
UVXY puts
Sold UVXY MAR 18 2016 30.0 Puts @ 1.58 ading to a starter position
$DUST #CoveredCalls – Sold DUST…
$DUST #CoveredCalls – Sold DUST Feb 12 2016 8.0 Calls @ 0.30. Stock was acquired at 8.0 via Put assignment last Friday
#Gold $GDX
Interesting divergence where Gold is actually hanging in pretty tough around the $1190 area but the miners have really started to pull back. We’ll see what today brings.
/VX VIX Futures
Shorted a March contract yesterday at 24.40…bought back in this morning at 23.90. Nice little 50 tick winner to start the day. Looking to re-load around 24.50.
🙂
PNRA earnings
#Earnings Filled while driving yesterday: Sold to Open $PNRA Feb 19th 155/165/200/210 iron condors for 1.95. Slightly bearish placement, seeing 200 as resistance near all-time high.
Nice segment today on TT…
Nice segment today on TT about rolling vs not rolling….quite interesting results.
https://www.tastytrade.com/tt/daily_recaps/2016-02-09/episodes/rolling-puts-02-09-2016
Options Bistro 