http://www.zerohedge.com/news/2016-03-31/gartman-throws-bearish-towel-dont-fight-fed
Daily Archives: Thursday, March 31, 2016
@prvtrader Are your initials R.V.?…
@prvtrader Are your initials R.V.? honkhonk81
$X #ShortPuts – Bought to…
$X #ShortPuts – Bought to close X Apr 15 2016 7.0 Puts @ 0.01. These can’t drop any lower and this releases some margin.
Originally sold last November @ 1.35
SPX calls closed
#SPXcampaign Bought to close $SPX Apr 8th 2090/2115 call spreads for 1.75. Sold for 1.25 on March 9th. Sticking to my rules this time and closing this since we came within 20 points of the short strike.
$SVXY #CoveredCalls #IRA #Rollup –…
$SVXY #CoveredCalls #IRA #Rollup – also got this done.
Bought to close SVXY Apr 01 2016 49.0 Calls @ 1.86
Sold SVXY Apr 15 2016 51.0 Calls @ 2.17 – pushed the strike out 2 weeks and up 2 points for a 0.31 credit
Spx naked
Sold calls for 7.50 bought puts for 4.60 all expires tomorrow hope to catch a couple of bucks then out.
$SVXY #CoveredCalls #IRA #Rollup -…
$SVXY #CoveredCalls #IRA #Rollup – got these done too.
Bought to close SVXY Apr 01 2016 48.5 Calls @ 2.23
Sold SVXY Apr 08 2016 49.5 Calls @ 2.43 – pushed the strike out a week and up a point for a 0.20 credit
Bought to close SVXY Apr 01 2016 48.5 Calls @ 1.83
Sold SVXY Apr 22 2016 51.0 Call @ 2.53 – pushed the strike out 3 weeks and up 2.5 points for a 0.70 credit
today in NUGT
#contangoetfs Played both sides today…
STO NUGT Apr 1st 67 call for 1.25, 2 minutes after open. Then…
BTC that same call for .20 at 2:05 ET
STO NUGT Apr 8th 50 put for 1.40
BTC NUGT Apr 8th 90 call for .20. Sold for 2.25
BTC NUGT Apr 1st 53 put for .20. Sold for 1.30
BTC NUGT Apr 8th 105 call for .05. Sold for 2.00
SPX puts sold
#SPXcampaign Sold to Open $SPX Apr 8th 2015/1990 put spreads for 1.75. Somewhat aggressive but continuing with bullish sentiment on this minor pullback.
$SVXY #CoveredCalls #RolledUp – so…
$SVXY #CoveredCalls #RolledUp – so week to week I decide whether to keep my long stock and let it work. I rolled up big positions this afternoon but I also have some OTM and NTM calls that I will deal with tomorrow.
Bought to close SVXY Apr 01 2016 48.0 Calls @ 2.91
Sold SVXY Apr 29 2016 51.0 Calls @ 3.36 – a 3 point bump in the strike price plus a 0.45 credit
Bought to close SVXY Apr 01 2016 47.0 Calls @ 3.75
Sold SVXY Apr 15 2016 48.5 Calls @ 3.85 – a 1 point bump in the strike plus a 0.10 credit (could have done better)
Bought to close SVXY Apr 01 2016 47.0 Calls @ 3.60
Sold SVXY May 06 2016 51.0 Call @ 3.70 – a 4 point bump in the strike plus a 0.10 credit
I’ve now spread out my calls a bit into different weeks so I don’t have a repeat of this week’s action causing me to roll all of my positions at once.
$AMBA Rolled April 15, 45…
$AMBA Rolled April 15, 45 calls to May 20, 47.50 calls for a credit of .50 each. AMBA is over 45 today. My goal is to some day sell calls for 70 and get called away heh heh.
$NUGT #ShortPuts- Sold NUGT Apr…
$NUGT #ShortPuts- Sold NUGT Apr 01 2016 52.0 Puts @ 0.20. These expire tomorrow.
Today I bought to close April 15, Blk, 270 puts @0.10 MSFT 49 puts @.03and PFE 27 puts @0.02 to free up margin for the number tomorrow. I also sold BA, 100 put for August @1.51
Closing CMG
Bought to close $CMG Apr 8 465 put @ 6.40. Sold for 11.49 on 3/17 as a rollout from the Mar 475 put which had gone ITM. Overall 2.20 profit on the rolled position and I’m glad to get out of this one. I’m still short the Apr 15 440 put which is looking better today as well. Still not ready to eat any burritos yet though…
$SVXY #ShortCalls – Bought to…
$SVXY #ShortCalls – Bought to close SVXY Jun 17 2016 80.0 Calls @ 0.05 . Lightened up on a very large short position to release some margin.
Originally sold in December at 1.65/1.70/1.75
SPX calls closed
#SPXcampaign Bought to close $SPX April 1st 2075 calls for 2.25. Sold as part of 2075/2100 call spreads for 1.25 on Tuesday. Can’t risk a blast higher on tomorrow’s jobs report. Will try to sell the long 2100’s for a dime or more if we get strength.
Thinking of doing this trade…
Thinking of doing this trade for APR2 SPX 1985/1965 for .40cr. Please let me know your thoughts?
SPX Support and Resistance Levels for Thu Mar 31, 2016
Support: 2053-55, 2046-48, 2040-41, 2030-32; 2018-2020; 2008-10; 2000-05
Resistance: 2070-75; 2082-84; 2090-2092; 2098-2102; 2120-22; 2134-36
Options Bistro 