#SPXcampaign Sold to Open $SPX March 11th 2015/2040 call spreads for 2.20. Squeezing this one in there, hoping no one notices.
Daily Archives: Wednesday, March 9, 2016
VIX action interesting today. Despite…
VIX action interesting today. Despite the market being up all day, VIX has moved very little, and is actually also up on the day. I remain bearish over short-term.
Off topic…The Haines Bottom
Interesting video just played on CNBC of Mark Haines calling the bottom. 7 years ago today…I bought Ford stock at 1.60 to get back in…Time flies…LOL
SPX iron condor
STO Apr 15 2120/2110/1860/1850 for 1.70
$SVXY $NUGT $XOP $CMG -…
$SVXY $NUGT $XOP $CMG – selling OTM options to generate cash
Sold CMG Mar 11 2016 440.0 Puts @ 0.25 (covered)
Sold NUGT Apr 01 2016 28.0 Puts @ 0.40
Sold NUGT Apr 08 2016 30.0 Puts @ 1.00
Sold NUGT Apr 15 2016 30.0 Puts @ 1.35
Sold NUGT Jun 17 2016 15.0 Puts @ 0.60
Sold SVXY Sep 16 2016 60.0 Calls @ 1.75 (covered)
Sold XOP Apr 01 2016 32.0 Calls @ 0.28
Sold XOP Mar 18 2016 31.0 Calls @ 0.16 (covered)
$NUGT
Used weakness in the stock to sell these this morning.
These all expire Friday.
NUGT MAR 11 2016 40.5 Puts @ 0.20
NUGT MAR 11 2016 41.0 Puts @ 0.20
NUGT MAR 11 2016 41.5 Puts @ 0.25
NUGT MAR 11 2016 42.0 Puts @ 0.25
NUGT MAR 11 2016 42.5 Puts @ 0.25
NUGT MAR 11 2016 41.0 Puts @ 0.20
NUGT MAR 11 2016 41.5 Puts @ 0.25
NUGT MAR 11 2016 42.0 Puts @ 0.25
NUGT MAR 11 2016 42.5 Puts @ 0.25
These are the lowest available strike price.
NUGT APR 1 2016 30.0 Puts @ 0.80
NUGT APR 8 2016 30.0 Puts @ 1.00
NUGT APR 15 2016 30.0 Puts @ 1.29
NUGT APR 1 2016 30.0 Puts @ 0.80
NUGT APR 8 2016 30.0 Puts @ 1.00
NUGT APR 15 2016 30.0 Puts @ 1.29
MCD Squeeze
MCD is on a squeeze; Earnings in 43 days. Possible up move since it is on a daily and weekly squeeze. There is a likelihood of an increase in IV due to earnings.
So I BTO the Apr 22 MCD 116 Call at $5.27.
Market up and gold pops…
Market up and gold pops too.
SPX calls
#SPXcampaign Sold to Open $SPX April 8th 2090/2115 call spreads for 1.25.
NUGT drop
#ContangoETFs STO NUGT Mar 24th 37 puts for 1.00
BTC NUGT March 18th 15 put for .05. Sold for 1.40 on Oct 16th
BTC NUGT March 11th 37 puts for .05. Sold for 1.125 avg price in Feb
Options Bistro 