A TRADE:

$ETE BTO STOCK @7.04 To cover my short calls from this morning.

$GMCR #ShortPuts – Bought to…

$GMCR #ShortPuts – Bought to close 1 GMCR Jun 17 2016 30.0 Put @ .01.
Originally sold in November at 1.38 (before the takeover offer)

$NUGT #ShortCalls #NewStrikes – sold…

$NUGT #ShortCalls #NewStrikes – sold these on the open this morning. The weekly sales are new strikes.
Sold 1 NUGT Mar 04 2016 82.0 Call @ 1.10
Sold 1 NUGT Mar 11 2016 80.0 Call @ 2.45
Sold 1 NUGT Mar 18 2016 80.0 Call @ 3.60

FB covered puts

#Earnings #ShortStock
BTC $FB Feb 26th 105 put for .50. Sold for 1.60 on 2/3. Clearing puts so I can release this short stock position at lower levels. I think FB will be fine in long run but expect another trip down to 90’s in coming weeks.

Earnings Trade

STO $LB 3/18 $75.5 Put for .63
Company has beat earnings estimates last nine quarters
Not a volatile stock so I may have to keep it until expiration.

5-hour spread closed

#SPXcampaign Bought to close $SPX Feb 26th 1850/1825 put spreads for .20. Sold this morning for 1.30.

NUGT tornado trades

#ContangoETFs STO NUGT March 11th 37 put for 1.20
STO NUGT March 11th 35 puts for 1.05
STO NUGT March 18th 30 puts for .80

$NUGT

The action in this thing is just crazy.  Like trying to predict a tornado.

$AMBA bought back for .25…

$AMBA bought back for .25 the Feb. 26, 46 covered calls I sold last week for .37 which were a roll from Feb. 19, 44 calls that I sold for 1.00, which were rolled up and out to the .37. AMBA
earnings are next week, if there is justice in this world AMBA will kill and shoot up to about 80.

SPX call spread

#SPXcampaign Sold to Open $SPX Mar 24th 2025/2050 call spreads for 1.60, with SPX at 1910.