$SVXY #CoveredCalls – a couple of late reports on SVXY as it closed at the high of the day
Sold SVXY Mar 18 2016 46.0 Calls @ 0.30
Sold SVXY(Weekly) Mar 24 2016 47.5 Calls @ 0.30
Daily Archives: Friday, March 11, 2016
$SVXY #CoveredCalls – rolled this…
$SVXY #CoveredCalls – rolled this position again this week.
Did better that last week.
Bumped the strike price up a point PLUS got a credit of 0.65 per contract
Bought to close SVXY Mar 11 2016 42.5 Calls @ 0.42 (sold last week @ 0.87)
Sold to open SVXY Mar 18 2016 43.5 Calls @ 1.07
#OptionsExpiration #Mar11 #Weeklys – a…
#OptionsExpiration #Mar11 #Weeklys – a good week with SVXY up, UVXY down and NUGT not running away
— Expirations —
APC (Weekly) Mar 11 2016 53 Calls
CF (Weekly) Mar 11 2016 40 Calls
CHK (Weekly) Mar 11 2016 6.5 Calls
CMG (Weekly) Mar 11 2016 440 Puts (Covered)
COP (Weekly) Mar 11 2016 42.5 Calls (Covered)
JOY (Weekly) Mar 11 2016 19 Calls (Covered)
MOS (Weekly) Mar 11 2016 33 Calls
NTAP (Weekly) Mar 11 2016 28 Calls (Covered)
NUGT (Weekly) Mar 11 2016 40.5 Puts
NUGT (Weekly) Mar 11 2016 41 Puts
NUGT (Weekly) Mar 11 2016 41.5 Puts
NUGT (Weekly) Mar 11 2016 42 Puts
NUGT (Weekly) Mar 11 2016 42.5 Puts
NUGT (Weekly) Mar 11 2016 75 Calls
NUGT (Weekly) Mar 11 2016 80 Calls
NUGT (Weekly) Mar 11 2016 84 Calls
NUGT (Weekly) Mar 11 2016 89 Calls
SVXY (Weekly) Mar 11 2016 43 Calls (Covered)
SVXY (Weekly) Mar 11 2016 43.5 Calls (Covered)
SVXY (Weekly) Mar 11 2016 44 Calls (Covered)
SVXY (Weekly) Mar 11 2016 44.5 Calls (Covered)
TWTR (Weekly) Mar 11 2016 21.5 Calls (Covered)
UVXY (Weekly) Mar 11 2016 80 Calls
UVXY (Weekly) Mar 11 2016 90 Calls
VALE (Weekly) Mar 11 2016 5 Calls (Covered)
WDC (Weekly) Mar 11 2016 55 Calls
X (Weekly) Mar 11 2016 16 Calls
XOP (Weekly) Mar 11 2016 30 Calls (Covered)
— Assignments —
DUST (Weekly) Mar 11 2016 7 Puts
#OptionsExpiration for 3/11 Expiring: $NFLX…
#OptionsExpiration for 3/11
Expiring:
$NFLX 03/11/2016 102 calls
$NUGT 03/11/2016 75 calls
$NUGT 03/11/2016 76 calls
$NUGT 03/11/2016 80 calls
$NUGT 03/11/2016 89 calls
$UVXY 03/11/2016 80 calls
$UVXY 03/11/2016 90 calls
$UVXY 03/11/2016 105 calls
No assignments this week.
Options Expiration 3/11/15
#OptionsExpiration What started out okay turned out to be a crappy end.
— Expiring with max profit —
NUGT 40, 48, and 50 puts
NUGT 70 calls
— Expiring with losses —
SPX 2015/2040 call spreads
SPX 2020/2045 call spreads
SPX 1650/1625 LONG put spreads… small position bought awhile ago…. hmmm, not quite.
SPX call spreads hammered
#SPXcampaign Two spreads I had thought would expire hammered me at day’s end. Allowing the 2015 and 2020 calls expire ITM and taking the loss based on settlement. It should be a more favorable price than trying to work the bid/ask spread (especially since IB does not charge for execution).
Will add to my list of rolls for next week.
RTN Trade; Amazing!
That was an amazing trade; bought the options at the high and sold them right at the lows of the day…A quick $200 loss. Now If I could learn to do it in reverse, everything will be fine….:-P
UVXY roll
SPX puts closed
#SPXcampaign Bought to close $SPX March 24th 1825/1800 put spreads for .15. Double position sold for 1.30 on March 1st.
UVXY: Reducing more short volatility positions
Taking these off at high max profit levels, continuing to reduce exposure into market strength.
Bought to close UVXY Mar 18 60 call @ .03 (sold for 8.36 on 8/20/15)
Bought to close UVXY Apr 15 90 call @ .20 (sold for 2.20 on 2/23/16)
Bought to close UVXY Jun 17 80 call @ 2.15 (sold for 10.40 on 1/7/16)
Bought to close UVXY Jun 17 85 call @ 1.95 (sold for 15.00 on 1/19/16)
RTN squeezing
BTO Apr 15 RTN 125 Calls at $2.19
SVXY covered call
Sold $SVXY Sep 16 60 call @ 2.20
SPX roll calls
#SPXcampaign Sold to Open $SPX April 8th 2050/2075 call spreads for 8.10. Yes, I am still fighting the cup trend… this is a roll from previously stopped call spreads. Stop will be 2030. Will try to exit when price of spread drops below 4.00.
MCD Open Interest
MCD OI on the Apr 22nd 116 Call is 24,898 the next higher OI is 82…go figure.
SPX puts closed
#SPXcampaign Bought to close $SPX March 17th 1880/1855 put spreads for .15. Sold last week for 1.01.
MCD Diagonal
MCD is on a squeeze and moving higher, so I added a Dia
BTO Apr 22 MCD 117 Call at $5.98 and STO Apr 1 MCD 123 Call at $1.10
As there are 41 to earnings the Apr 22nd has 42 DTE, so it should increase in IV while the Apr 1st won’t.
GOOGL BuPS
STO Apr 15 680/670 BuPS for 1.20.
Will look to complete iron condor if able and will also look to take profits early.
POP is at 84%
$SVXY #CoveredCalls – generating cash…
$SVXY #CoveredCalls – generating cash by adjusting my call positions
Bought to close SVXY Jun 17 2016 80.0 Calls @ 0.04 – Originally sold at 1.60 on 12/21
Sold to open SVXY(Weekly) Apr 29 2016 50.0 Calls @ 1.10
FB call
#Earnings STO $FB March 24th 111 call for 1.10. Still trading around my short stock position, waiting for a deeper pullback.
$SVXY #CoveredCalls – Sold SVXY(Weekly)…
$SVXY #CoveredCalls – Sold SVXY(Weekly) Apr 01 2016 47.0 Calls @ 0.70. Adding to my position.
$KOLD #ShortPuts – Sold KOLD…
$KOLD #ShortPuts – Sold KOLD Mar 18 2016 180.0 Puts @ 1.60. Just a teeny bit better premium than yesterday 🙂
edit: added more @ 1.81. Now are my short calls are paired with short puts, so done for now.
Support & Resistance for Fri Mar 11, 2016
The levels have not changed since yesterday.
Resistance: 2009-2011. 2020-2023. 2030-2032. 2050-2054. 2064-2066. 2080-2082. 2098-2100.
Support: 1978-80; 1962-60; 1956-55; 1933-35; 1909-10; 1886-90;
Options Bistro 