#OptionsExpiration for Feb 19 Expiring:…

#OptionsExpiration for Feb 19
Expiring:
$AMZN 02/19/2016 485.00 puts
$AMZN 02/19/2016 600.00 calls
$CMG 02/19/2016 400.00 puts
$DUST 02/19/2016 36.00 calls
$FB 02/19/2016 118.00 calls
$GOOGL 02/19/2016 687.50 puts
$KMI 02/19/2016 15.00 puts
$KOLD 02/19/2016 215.00 calls
$KOLD 02/19/2016 115.00 puts
$KOLD 02/19/2016 123.00 puts
$LNKD 02/19/2016 125.00 calls
$LNKD 02/19/2016 95.00 puts
$LNKD 02/19/2016 100.00 puts
$LULU 02/19/2016 58.50 puts
$MAT 02/19/2016 23.00 puts
$NFLX 02/19/2016 109.00 calls
$NFLX 02/19/2016 110.00 calls
$NUGT 02/19/2016 58.00 calls
$NUGT 02/19/2016 60.00 calls
$NUGT 02/19/2016 15.00 puts
$NUGT 02/19/2016 33.00 puts
$RRC 02/19/2016 20.00 puts
$SVXY 02/19/2016 35.00 puts
$SVXY 02/19/2016 63.00 calls (covered)
$SVXY 02/19/2016 65.00 calls (covered)
$SWHC 02/19/2016 20.00 puts
$TWTR 02/19/2016 15.00 puts
$TZA 02/19/2016 80.00 calls
$UVXY 02/19/2016 66.00 calls
$UVXY 02/19/2016 85.00 calls
$WFM 02/19/2016 31.00 puts
$WHR 02/19/2016 110.00 puts
$WMT 02/19/2016 65.00 calls (covered)
$XOP 02/19/2016 34.00 calls
$ZSL 02/19/2016 75.00 calls
$ZSL 02/19/2016 97.50 calls

Assignments:
$RIG 02/19/2016 18.00 puts (going long stock)
$WFM 02/19/2016 31.00 calls (stock getting called away)

Have a great weekend everyone.

#optionsexpiration BWLD Feb. 19 iron…

#optionsexpiration
BWLD Feb. 19 iron condor
DDD Feb. 19 12 call (covered)
AMZN Feb. 19 long call spread loser, hoping for a bounce
HAL Feb. 19 32 call (covered)
HYG Feb. 19 long call loser
IWM Feb. 19 iron condor 93/90/105/108
QQQ Feb 19 iron condor 95/92/107/110
SPY Feb. 19 BuPS 173/178
SPY Feb. 19 BuPS 179/184
SPY Feb. 19 BeCS 197/203
SUNE feb. 19 5 calls (covered)
SHWC Feb. 19 23 covered call, called away
USO Feb. 19 10.50 covered calls
S

Thank you to all

#Options Expiration

 

$NUGT $33 puts

$NUGT $35 puts

$NUGT $40 puts

$NUGT $55 calls

$NUGT $65 calls

$UVXY $66 calls

$UVXY $75 calls

$UVXY $80 calls

$UVXY $85 call

$UVXY $90 calls

$UVXY $95 calls

$UVXY $100 calls

#OptionsExpiration

OptionsExpiration 2/19/16

#OptionsExpiration

— Expiring w/max profit —
BOIL 22 calls
DUST 21 calls
EQIX 240/260/320/340 iron condors
KOLD 215 call
KOLD 110, 115, 123 puts
NUGT 58 calls
NUGT 28, 33, 34 puts
ZSL 70 & 75 calls
ZSL 45.5 puts

— Assignment —
NOW 60 puts, assigned long stock

— Expiring w/max loss —
HYG 81 long calls, followed a big spec trade on this for .16
FOSL 28/32/36 earnings put fly; I went bearish, stock went bullish

Have a great weekend everyone!

FB and PNRA earnings mgt

#Earnings Since I sold too many puts after being assigned, I’m taking off a couple today to leave my short stock position on:
BTC FB Feb 19th 108 put for 3.50. Sold for 1.10 on 2/2
BTC FB Feb 19th 105 put for .50. Sold for .70 on 2/1
BTC FB March 18th 100 put for 2.10. Sold for 2.30 on 2/5
STO FB April 1st 112 call for 1.50

BTC PNRA Feb 19th 200 calls for 3.45. Sold as part of a condor for 1.95 on Wednesday. Patience didn’t work with this one. May look to sell a roll next week.

$DUST #ShortPuts – Bought to…

$DUST #ShortPuts – Bought to close DUST Feb 19 2016 5.0 Puts @ 0.05 to avoid possible assignment tonight.
Sold these a few days ago for 0.15.

$NUGT #ShortCalls #Rollup – As…

$NUGT #ShortCalls #Rollup – As VXXKelly and Ramie have been pointing out, NUGT is bound to pull back at some point, or maybe just fall because of the normal drag on these kinds of stocks.
The trick is sticking around long enough to take advantage of the pullback. When rolling an ITM short call position there are two objectives:
1. Bring in more cash on the new position than you spend getting rid of the old position
2. Increase your likelihood of an expiration down the road by selling at a higher strike price
There is no way to predict with accuracy where this stock will go tomorrow much less a month from now, but using the chart you can get a feel for the likely trading range.
I made the following roll today and I think it has a better than even chance of being successful. The new position will not take too much monitoring on my part because it will run for two weeks, and I likely will be able to sell two sets of weekly puts against these calls, bringing in even more premium dollars.

Bought to close NUGT Feb 19 2016 40.0 Calls @ 10.92
Sold to open NUGT Mar 04 2016 42.0 Calls @ 11.55

I have bumped my profit point about 2 1/2 points higher between the higher strike price and the extra premium dollars.

Hope laying out my thinking helps others in a similar circumstance,