Sold May 20 125 puts @ .70.
Daily Archives: Monday, April 25, 2016
$NUGT
Been a long time since $NUGT moved this little in a day. Calm before the FMOC storm later this week possibly.
$GOOGL put spread closed.
STO GOOGL 710/700 BuPS on Thursday after the earnings sale. STO for 1.29.
Just closed for 0.60, for 53% max profit.
SPX Suz style
Doesn’t seem a lot different than Jeff’s…nice article
http://realmoney.thestreet.com/articles/04/22/2016/trading-income-make-money-non-directional-trading
A TRADE:
$ETE STO 5/29/16 12.0 CALLS @.14 To go with my 11.50 Puts. Will be great if it closes between the two on Friday. ;>)
Covered puts on WYNN
Sold $WYNN May 20 85 puts @ 2.60. Brings in premium against and covers short stock that I wouldn’t mind covering at that strike.
$UVXY #CoveredCalls – some more…
$UVXY #CoveredCalls – some more UVXY trades against recently acquired stock via put assignment
Sold UVXY Apr 29 2016 17.5 Calls @ 0.55
Sold UVXY Apr 29 2016 18.0 Calls @ 0.50
Sold UVXY May 6 2016 23.0 Calls @ 0.42
$UVXY #ShortCalls #ShortPuts – made…
$UVXY #ShortCalls #ShortPuts – made the following adustments in my UVXY option position after last weeks drop to 14.70 –
Bought to close UVXY Apr 29 2016 15.0 Puts @ 0.35 – originally sold for 0.44 on 4/8/16
Sold UVXY Apr 29 2016 20.0 Calls @ 0.24
Sold UVXY Apr 29 2016 20.5 Calls @ 0.21
Sold UVXY May 06 2016 25.0 Calls @ 0.29
Sold UVXY May 06 2016 26.0 Calls @ 0.24
All the calls were sold against long stock or short puts still in the account
$NUGT
Following friday’s expiration, I put a tiny amount of money back to work this morning. Don’t intend to make anymore trades until $NUGT moves further either higher or lower.
STO May 13 $50 puts @ $0.95
$GOOGL I was looking for…
$GOOGL I was looking for a bounce today to help out last weeks earnings trade, wanted a little more than today’s 47 cents, more like $47!
NUGT adjustment
Didn’t do much last week but did do a little higher risk adjustment on some NUGT positions:
Had short June 50/70 bear call spreads sold too early for 1.10
Obviously the long 70’s were massively profitable so sold them for 27 bucks each. Then rolled the short 50’s out to Jan 2018 90’s for .40 credit. Also bought a few shares to help control margin if we continue higher. If the stock drops I’m willing to take a loss on it since I’m making the 27 baggers on the closed 70’s. Stop loss on the stock is a close below the 20ma…little higher risk with this adjustment but since the spread was completely in the money a debit roll would’ve been required anyway.
$SVXY
Bought to close April 29th 40 Put @ 0.05 off a GTC order. No commissions except SEC. Originally sold 4/11 for 0.85
$DXY $NUGT
Interesting that with as weak as the dollar is and gold showing strength that the miners are really doing pretty much nothing this morning.
closed NOW
#Earnings STC $NOW stock for 74.01. Assigned at 60.00 in February
BTC $NOW May 20th 60 call for 14.00. Sold for 2.05 in February.
Last remnant of earnings trade, no reason to hold longer. Overall all a loser since I sold several shares while under water.
SPX puts sold
#SPXcampaign Sold to Open $SPX May 27th 1940//1915 put spreads for 1.30, with SPX at 2083.
$SPX May 13 2165/2155/1930/1920 IC closed for profit.
Originally STO for 1.40 on 4/4.
BTC for 0.65 for 53% max profit.
$SPX Apr 29 2140/2130/2010/2000 IC — closed
Originally STO for 1.35 on 4/15.
BTC at 0.55 for 59% of max profit.
Options Bistro 