$SVXY #CoveredCalls – adding to my Sept position and starting a new weekly position
Sold SVXY Sep 16 2016 60.0 Calls @ 2.40
Sold SVXY(Weekly) Apr 01 2016 48.0 Calls @ 0.60
Daily Archives: Monday, March 14, 2016
$UVXY #ShortPuts – taking some…
$UVXY #ShortPuts – taking some mid-sized positions with the strike price below the alltime low on the stock
Sold UVXY(Weekly) Mar 24 2016 23.0 Puts @ 0.46 – these expire NEXT Friday
Sold UVXY Apr 15 2016 19.0 Puts @ 0.44
Sold UVXY(Weekly) Apr 22 2016 18.0 Puts @ 0.48
Sold 1 UVXY Jun 17 2016 20.0 Put @ 3.05
On a couple of these you can probably do better tomorrow
AMZN closed
Closed Mar 18 600/595/530/525 for 0.55. Originally sold for 1.40. At 60% max profit I’ll take it and enjoy. Feels good after last week’s SPX debacle.
MCD closed
I closed the MCD 116 Calls for $8.30 which I had bought for $5.27…
Also closed the MCD 117/123 Diag for $6.03 for a $1.15 win…..
Happy days are here again!
Earnings plays this week?
Earnings plays this week? Any thoughts on NKE, FDX, ADBE?
UVXY puts
Offsetting short calls with some puts in Apr 1.
Sold $UVXY Apr 1 (weekly) 22 puts @ .60.
NUGT…getting out of the way for now
Playing it safe….I DO NOT want to own this thing up here. Only other puts on the book are April 30/105 strangles.
Bought to Close NUGT MAR 18 2016 50.0 Puts @ 2.08 (sold for 3.25)
On a side note…couldn’t be happier with the risky decision I made a few weeks ago to take off the long side 10 baggers of some bear call spreads!
$NUGT
Hey guy’s, I’m back. Strange story. Went to see the Dr last Tuesday afternoon for a follow up appt. since I wasn’t feeling any better from prior week. Decided that I needed to get a chest X-Ray and some blood work. Well, as it turned out, I had a collapsed lung so the X-Ray folks walked me straight to the ER and was stuck in the hospital with a chest tube until about lunch time today. Had a massive amount of $NUGT puts and calls expire last week that I didn’t get a chance to post.
Great to be home.
I’ve been trying to make some $NUGT trades this afternoon but haven’t had much luck since the bids on the call side are just non-existent. /GC is just collapsing so maybe this is the turn lower.
STO Mar 25 $42 puts @ $1.05
STO APR 22 $105 calls @ $1.65, made this trade just to add more short exposure in case $NUGT continues to roll over. Highest strike so even if I’m wrong and $NUGT turns around and heads higher, it won’t really hurt me and I’ll add to position at better prices.
A TRADE: Taking a shot. Kind of speculative.
$NUGT STO 3/18/16 68.0 CALL @.85
Collecting NUGTs
NUGT 03/24/2016 40.00 P @.70
NUGT 03/18/2016 45.00 P @.60
NUGT 03/18/2016 48.00 P @.95
$HAL rolled a March 18…
$HAL rolled a March 18 35 covered call to April 36 for a credit of 36.
$DUST sold April 15 5 covered call for .37
More NUGT
#ContangoETFs STO NUGT March 18th 48 put for 1.25
STO March 24th 40 put for .80
STO June 17th 20 put for 1.00
SOME TRADES:
$NUGT 3/18/16 48.0 PUTS @1.05 & 1.15 Followed Jeff. Thank you.
$EXPE Closed an $EXPE BuPS 105/98 at .65. Followed Pvt Trader the other day. Thank you.
$DUST STC STOCK @3.90 Wanted to free up some buying power. BTO @3.60
$TSLA #ShortPuts – Bought to…
$TSLA #ShortPuts – Bought to close 1 TSLA Mar 18 2016 115.0 Put @ 0.01
Originally sold @ 1.20 in February right around earnings
$SVXY #ShortPuts – switched a…
$SVXY #ShortPuts – switched a short put position from in-the-money to out-of-the-money
Bought to Close SVXY Mar 18 2016 45.0 Puts @ 2.40 (originally sold at 3.60 last August)
Sold to Open SVXY Mar 18 2016 40.0 Puts @ 0.40 (twice the number of contracts)
This position now allows for the overdue market pullback.
BIB stock and covered calls
Bought stock around 41 last week so going for a quick cover and an extra buck. This is in an #IRA that I just got options approval on today. 🙂
Sold BIB Mar 18 2016 42.0 Calls @ 1.04
UVXY stock and covered calls
Had stock put to me on Friday at a basis of 33.88. Originally had 50/75 Bear call spreads also that I have continually rolled down to keep the stock tightly covered since I don’t trust it for a second. Rolled down from 50 to 40 to 31 and now 27 for additional credit of 4.05 bringing my cost basisi down on the stock to 29.83. The last roll is a little under my basis but I’m happy sitting on it this week for the added protection and then making an adjusting roll or another sale late this week. For now trying to reduce basis as quickly as possible…
$NUGT #ShortPuts – Sold NUGT…
$NUGT #ShortPuts – Sold NUGT Mar 18 2016 40.0 Puts @ 0.20. Paired with existing short calls for this week that I would like to see expire
$SVXY #CoveredCalls- SVXY has rallied…
$SVXY #CoveredCalls- SVXY has rallied back to even on the day, but I’ve sold some calls at prices higher than I was able to get last week.
Sold SVXY Apr 01 2016 47.0 Calls @ 0.75
Sold SVXY Apr 15 2016 50.0 Calls @ 0.65
Sold SVXY Apr 29 2016 50.0 Calls @ 1.20
Sold SVXY Sep 16 2016 60.0 Calls @ 2.30
$BIDU Moving Up
BTO $BIDU 4/15 185/195 BUCS @ 4.44
LNKD on the move…
STO Apr 1 LNKD 115/110 BuPS for $1.50 crd.
$AMBA sold April 15, 45…
$AMBA sold April 15, 45 calls @ 1.00, AMBA is just under 40. I’ll keep chippin away
SPX calls stopped
#SPXcampaign Bought to close $SPX March 17th 2025/2050 call spreads for 6.50. Sold for 1.50 on Feb 16th. This blew through my STOP on Friday, so needed this pullback for a less painful exit. I’m keeping track of the costs of stops and will work in “rolls” in coming weeks to chip away at the losses premium.
SPX puts sold
#SPXcampaign Sold to Open $SPX March 24th 1950/1925 put spreads for 2.05. Fairly aggressive hedge to my call spreads… if this one gets in trouble I will be happy for the relief.
STO Apr 1st FB 105/101…
STO Apr 1st FB 105/101 BuPS at $0.58 crd.
morning NUGT
#ContangoETFs STO NUGT March 18th 48 puts for .65
$ULTA
Gapped up on earnings.
STO 180/185 March 18 BUPS for .6
Expect gap to hold for the week.
Options Bistro 