$SVXY – I have so many short calls in SVXY that I actually am ahead on my SVXY position today
Daily Archives: Tuesday, April 5, 2016
$NUGT
Sold April 29th 85/105 Bear Call Spread @ 1.30 when $NUGT was trading @ 59.94
SPX broken wing butterfly, healed nicely!
Closed the SPX broken wing butterfly that I “sold” last week for 1.60 credit. Closed now for 0.10 debit. I love flying with these butterflies!
creamy NUGT filling
#ContangoETFs Got these fills during the day from orders entered this morning:
STO NUGT Apr 15th 75 call for 1.05
STO NUGT Apr 29th 95 call for 1.00
STO NUGT Apr 8th 67 call for 1.00
A TRADE:
$UVXY STO 4/29/16 17.0 PUT @1.05 Took the strike cue from @Iceman Thank you Sir. Paired it with the Call I sold earlier, it’s easier on the margin usage.
A TRADE:
$LABU STO 4/15/16 35.0 CALLS @1.10 Hasn’t seen 35.0 since the end of Jan. 2016. Why should it hit 35.0 in the next two weeks then? We’ll see. Stock @31.30.
SOME TRADES:
$NUGT STO 4/22/16 75.0 CALL @2.10 Has hit 75.0 once since July 2015. Expect the expected.
$UVXY STO 4/29/16 30.0 CALL @1.05
SCTY Short Squeeze?
SCTY has been going up today like a rocket. The short float is at around 40%, so it could be a “short squeeze”
I have no position.
SVXY puts
Sold SVXY MAY 20 2016 40.0 Puts @ 1.80
$DUST #ShortPuts – Sold DUST…
$DUST #ShortPuts – Sold DUST Apr 15 2016 3.0 Puts @ 0.20. If NUGT stays below 63 then DUST should stay above 3.
$UVXY #CoveredCalls – Sold UVXY…
$UVXY #CoveredCalls – Sold UVXY Apr 08 2016 24.0 Calls @ 0.38 against stock that was acquired via put assignment at 22 last Friday
$UVXY #ShortPuts – used today’s…
$UVXY #ShortPuts – used today’s opening to adjust a put position for this week –
Bought to close UVXY Apr 08 2016 19.0 Puts @ 0.40 – made a dime profit
Sold UVXY Apr 08 2016 18.0 Puts @ 0.20 – sold twice as many so the trade is a wash as far as cash
I’ve lowered my risk point to a price below the YTD low on the stock.
A TRADE: Followed Jeff, somewhat. Thank you.
$NUGT STO 5/6/16 85.0 CALLS @1.75
$NUGT
Todays 1 minute chart looks like a double black diamond run. Selling calls quickly at the open looks like the right trade today.
NUGT fat finger…oops
Meant to put in a sell order and accidentally bought back my May 95 at 2.60. Turned around and re-sold it for 2.30. Ooops lost 30 cents but luckily the original sale was 3.60 so still a money maker overall. 🙂
$SVXY
Dipped my toe for the first time in many month’s
STO $SVXY Apr 15 $42.5 puts @ $0.55
STO $SVXY Apr 22 $40 puts @ $0.55
Only sold a small amount and stayed very short term
$NUGT
When $NUGT started to sell off right after the open, I made a few trades. Started selling a few May calls.
STO $NUGT May 6 $95 calls @ $1.45
STO $NUGT May 13 $95 calls @ $1.85
STO $NUGT May 20 $95 calls @ $2.55
I would really like them to open some higher strikes. Would rather trade $100’s and $105’s when selling out more than a few weeks.
DIS Loss…:-<
BTC DIS 97/93 BuPS for $1.10 Sold for $0.52;
SPX put-roll sold
#SPXcampaign Sold to Open $SPX April 20th 1980/1955 put spreads for 1.90. These are extra juice to make up for stopped calls. These are Wednesday Weeklys so less liquid than usual.
NUGT call
#ContangoETFs STO NUGT May 6th 95 call for 1.50. Opened strong but is fading… have more orders in but no fills.
Options Bistro 