#OptionsExpiration – A pretty good…

#OptionsExpiration – A pretty good week. I was able to scalp some short calls against long term short put postions and some long stock because of the strong market mid-week.

— Expirations —
BBY (Weekly) Feb 26 2016 33.5 Calls
FB (Weekly) Feb 26 2016 111 Calls
CMG (Weekly) Feb 26 2016 475 Puts (Covered)
JOY (Weekly) Feb 26 2016 14 Calls (Covered)

NUGT (Weekly) Feb 26 2016 29.5 Puts
NUGT (Weekly) Feb 26 2016 30 Puts
NUGT (Weekly) Feb 26 2016 30.5 Puts
NUGT (Weekly) Feb 26 2016 31 Puts
NUGT (Weekly) Feb 26 2016 31.5 Puts
NUGT (Weekly) Feb 26 2016 32.5 Puts (Covered)
NUGT (Weekly) Feb 26 2016 75 Calls
NUGT (Weekly) Feb 26 2016 76 Calls

SVXY (Weekly) Feb 26 2016 40 Calls (Covered)

UVXY (Weekly) Feb 26 2016 20 Puts
UVXY (Weekly) Feb 26 2016 31 Puts
UVXY (Weekly) Feb 26 2016 31.5 Puts
UVXY (Weekly) Feb 26 2016 85 Calls
UVXY (Weekly) Feb 26 2016 95 Calls
UVXY (Weekly) Feb 26 2016 110 Calls

VALE (Weekly) Feb 26 2016 3.5 Calls (Covered)
VIAB (Weekly) Feb 26 2016 43 Calls
WDC (Weekly) Feb 26 2016 52 Calls

— Assignments —
DUST (Weekly) Feb 26 2016 8 Puts

$GMCR #ShortPuts – Once the…

$GMCR #ShortPuts – Once the takeover offer for GMCR was announced I shorted a bunch of Puts for Both Jan 2017 and Jan 2018 for whatever I could get for them. I knew that whenever the merger was about to close, the options would collapse before being delisted.

I covered some of them today to get rid of the margin requirement.

Bought to close GMCR Jan 19 2018 75.0 Puts @ 0.02 – Sold for 1.50 and again at 2.00
Bought to close GMCR Jan 19 2018 70.0 Puts @ 0.02 – Sold for 1.00 and again at 1.50

These were sold in December and technically have 693 Days to Expiration. But should be delisted way before that.

SPX calls closed

#SPXcampaign Put in an order to close in case we dropped into the close, and it filled after the close;
BTC $SPX March 4th 1960/1985 call spreads for 7.70. Will work on rolls next week. I think a pullback happens next but had to clear this one away in case we awake Monday to another rally.

#OptionsExpiration for 2/26 Expiring: $NUGT…

#OptionsExpiration for 2/26
Expiring:
$NUGT 02/26/2016 70.00 calls
$NUGT 02/26/2016 76.00 calls
$NUGT 02/26/2016 30.50 puts
$UVXY 02/26/2016 85.00 calls
$UVXY 02/26/2016 110.00 calls

No assignments this week.

Have a great weekend everyone.

Options Expiration 2/26/16

#OptionsExpiration 2/26/16

— Expiring w/ max profit —
NUGT 30 puts
NUGT 68 and 70 calls
My lightest expiration in many weeks, since I closed or rolled several things early.
Have a great weekend all!

OPTIONS EXPIRATION, 2/26/16

—PUTS—
$ETE 2/26/16 Expired
—CALLS—
$ETE 2/26/16 EXPIRED
#optionsexpiration

#OptionsExpiration

All of these expired worthless

$NUGT $33 puts
$NUGT $36 puts
$NUGT $45 puts
$NUGT$48 puts
$NUGT $50 puts
$NUGT $75 calls
$UVXY $85 calls
$UVXY $100 calls
$UVXY $110 calls

#optionsexpiration