STO AAPL 05/06/2016 102.00 Put Sold for $1.66 when APPL @108.2
Daily Archives: Friday, April 8, 2016
#OptionsExpiration — a good week….
#OptionsExpiration — a good week.
Closed some spreads early for profit.
Today, AMZN broken wing butterfly expired. 595/597.5/605 call butterfly. Had 1.20 credit.
My GOOGL eyes expired at max profit. 780/775/755/750 IC for 1.15.
#OptionsExpiration for 4/8 Only 2…
#OptionsExpiration for 4/8
Only 2 expirations this week.
$NFLX 04/08/2016 115.00 calls
$NUGT 04/08/2016 100.00 calls
No assignments.
#OptionsExpiration – if it hadn’t…
#OptionsExpiration – if it hadn’t been for a late week sprike in $NUGT, it would have been a better week.
Still, a set of very large $SVXY Covered Calls expired and I have replaced a lot of them with weekly and monthly calls with much higher strike prices. Certainly easier then being forced to roll them.
— Expirations —
AAPL (Weekly) Apr 8 2016 111 Calls (Covered)
NUGT (Weekly) Apr 8 2016 30 Puts
NUGT (Weekly) Apr 8 2016 90 Calls
SVXY (Weekly) Apr 8 2016 49.5 Calls
SVXY (Weekly) Apr 8 2016 50 Calls
SVXY (Weekly) Apr 8 2016 51 Calls
SVXY (Weekly) Apr 8 2016 53 Calls
TWTR (Weekly) Apr 8 2016 18.5 Calls (Covered)
UVXY (Weekly) Apr 8 2016 18 Puts
UVXY (Weekly) Apr 8 2016 24 Calls (Covered)
UVXY (Weekly) Apr 8 2016 25 Calls
UVXY (Weekly) Apr 8 2016 26 Calls
— Assignments —
DUST (Weekly) Apr 8 2016 3 Puts
XOP (Weekly) Apr 8 2016 31 Calls (Covered) – exchanging stock for cash
$NUGT #ShortCalls #Rollup – two…
$NUGT #ShortCalls #Rollup – two rolls today for a couple of smallish positions –
Bought to close NUGT APR 8 2016 60.0 Calls @ 11.31
Sold NUGT MAY 6 2016 65.0 Calls @ 12.91 – added 5 points to the strike price plus 1.60 Credit
Bought to close NUGT APR 8 2016 53.0 Calls @ 18.66
Sold NUGT JUN 17 2016 65.0 Calls @ 18.90 – bumped the strike price up 12 points at a 0.24 Credit
#OptionsExpiration $UVXY $37 calls $NUGT…
$UVXY $37 calls
$NUGT $30 puts
$NUGT $80 calls
$NUGT $100 calls
$NUGT $105 calls
Have a great weekend everyone.
Options Expiration 4/8/16
#OptionsExpiration Only NUGT this week. Earnings season starting up next week…
— Expiring —
NUGT 72 calls
NUGT 45 and 50 puts
NUGT roll
#ContangoETFs #Rolling
BTC NUGT Apr 8th 67 call for 3.90 (sold Monday for 1.00)
STO NUGT Apr 29th 85 call for 4.20
SOME TRADES:
$KMI STC STOCK @17.98
$DUST BTO STOCK @2.59
$DUST STO 4/22/16 3.00 CALLS @.15
Closed all my BIIB Spreads except one, the 4/29/16 250/255 spread. Took a little loss on the closed ones,
Have a great weekend everybody. ;>) Keep smiling.
$UVXY #CoveredCalls #VXXGame – Sold…
$UVXY #CoveredCalls #VXXGame – Sold UVXY Apr 15 2016 28.0 Calls @ 0.39, replacing strike 24.0 covered calls that expire this afternoon.
$SVXY #CoveredCalls #VXXGame #OptionLadder -…
$SVXY #CoveredCalls #VXXGame #OptionLadder – filling out my May #OptionLadder, replacing strike 49.5, 50, 51 and 53 strike calls that expire today
Sold SVXY May 20 2016 60.0 Calls @ 0.75
Sold SVXY May 20 2016 61.0 Calls @ 0.65
UVXY puts
Borrowing this idea from Iceman.
Sold $UVXY Apr 29 16 puts @ .80.
$UVXY #ShortPuts – I let…
$UVXY #ShortPuts – I let myself get spooked out of today’s strike 20 puts even though they may expire. The stock did touch 19.75 this morning so it was briefly in the money.
Anyway, I rolled down and out to strike prices more likely to expire.
Bought to close UVXY Apr 08 2016 20.0 Puts @ 0.22 – I still made about a dime per contract profit, so not all bad
Sold UVXY Apr 29 2016 16.5 Puts @ 0.90
Sold UVXY Apr 29 2016 16.0 Puts @ 0.73
$NUGT
Looks like part of the strength in the miners today is from an analyst upgrade of $ABX lifting all the miners. Unless the fever of the past couple of day’s subsides, I’m not planning to open any additional trades in $NUGT. Not that I don’t think there are opportunities, but I watch closely the Buying Power being consumed by any given position. With $NUGT having gone from $56 to $71 in the last 3 days, I am now at the upper end of my range. I will wait for this weeks and possibly even next weeks positions to roll off before entering any new trades.
NUGT: Adding one in June
Sold $NUGT Jun 17 105 call @ 7.30. Highest strike.
NUGT & FB
#ContangoETFs STO NUGT May 13th 95 call for 4.25 (adding)
#Earnings #ShortStock BTC FB Apr 15th 115 call for .34. Sold for 1.80 on 3/1. FB getting shellacked today; finally some relief for short stock.
$NUGT – any thoughts today…
$NUGT – any thoughts today on this up day?
NUGT Jan
Sold $NUGT Jan 20 2017 105 call @ 19.50. Highest strike.
NUGT call roll
Rolled next week’s 70 strike short calls out to April 22nd 75’s @ .10 credit…
$BIIB Boy, the $BIIB BuPS…
$BIIB Boy, the $BIIB BuPS are sure hard to get out of, even when you’re favoring the Ask Price.
XIV quickie
After selling my XIV position at 25.03 the other day decided to jump back (smaller) for an overnighter. In at 23.89 near the close yesterday and out at 24.75 near the open today. No position now…
$SVXY #CoveredCalls – Sold SVXY…
$SVXY #CoveredCalls #OptionLadder – selling these in anticipation of my strike 50 calls for today expiring
Sold SVXY Apr 22 2016 54.0 Calls @ 0.52
Sold SVXY May 06 2016 57.5 Calls @ 0.55
Sold SVXY May 20 2016 60.0 Calls @ 0.70
$CMG #CoveredPuts – Sold CMG…
$CMG #CoveredPuts – Sold CMG Apr 15 2016 395.0 Puts @ 0.30. These expire next Friday
At least on TC2000 charting,…
At least on TC2000 charting, the opening TICK reading was the highest since Sept 2013.
Options Bistro 