SWHC Taking cover!

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.

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.

#Earnings

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!