$PCLN-had an iron condor and a BuCS that did not get filled today, thinly traded stock I suppose.
Daily Archives: Tuesday, May 3, 2016
$NUGT #ShortStrangle – sold NUGT…
$NUGT #ShortStrangles – sold NUGT May 6 2016 79.5/128 strangle @ 1.80.
Keeping the term short and the strike prices far away.
$SVXY
Sold May 27th 40 Put @ 0.90. I put this on and went out to the barn expecting it to be ignored. Won’t wonders never cease.
Closing ILMN
Took close to 50% max off before earnings after the bell. Not worth holding even if the strike is outside the expected move. I’ll reinitiate if the stock tanks tomorrow morning.
Bought to close $ILMN May 20 120 puts @ 1.30. Sold for 2.50 on 4/19.
$NUGT
Rolled May 20 $130 call into 2 May 20 $170/$65 straddles for a $.50 credit
STO $GOOGL IC This Friday…
STO $GOOGL IC This Friday 720/722.5 Calls 395/692.5 Puts .91 Cr
NUGT roll
#ContangoETFs #Rolling
BTC $NUGT May 13th 95 call for 14.70
STO $NUGT June 17th 155 call for 8.00
I’ll sell the other half of this roll when we get the next pop up. I now have more puts than calls so adding puts costs margin and adding calls credits me margin.
$PCLN Interesting PCLN #earningstrade at…
$PCLN Interesting PCLN #earningstrade at TT. I’m not following. 1300/1350/1350/1400 iron condor $4290 credit, risk 675-looking for a small move.
A TRADE:
$FCX STO 5/6/16 12.5 CALLS @.32 Will buy to cover, or roll.
UVXY 80% profit
#VXXGame BTC $UVXY May 13th 30 calls for .22. Sold for 1.15 on 4/4.
Yo, Love the brick red…
Yo, Love the brick red color in the format. ;>)
TRADES:
$UVXY STO 5/13/16 13.5 PUTS @.35
$UVXY STO 5/13/16 21.0 CALLS @.73
$UVXY STO 5/6/16 18.0 CALLS @.58
$UVXY STO 5/6/16 17.0 PUTS @1.20 Got 1.78 to cover downside in the stock. CB 15.22, if it comes to that. If stock is over 18.0, I’ll roll it, or buy to cover. Expires Friday
SPX put spreads
Sold SPX JUN 30 2016 1825/1800 Bull put spreads @ 1.40
These are against 2200/2225 call spreads…
NUGT puts
Sold $NUGT May 27 60 puts @ 1.75
SPX Campaign – closed $SPX…
SPX Campaign – closed $SPX May 19th 2155/2180 call spreads at .20, sold for $1.60 on 4/14.
$NUGT #ShortPuts – Sold NUGT…
$NUGT #ShortPuts – Sold NUGT May 6 2016 77.5 Puts @ 0.40. These expire Friday
SPX calls closed
#SPXcampaign Bought to close $SPX May 19th 2160/2185 call spreads for .20. Sold for 1.75 on April 18th.
NUGT puts
#ContangoETFs STO $NUGT May 6th 90 puts for 1.95 (expire this Friday).
$NUGT
STO May 20 $60 puts @ $0.95
$UVXY #CoveredCalls #OptionLadder – selling…
$UVXY #CoveredCalls #OptionLadder – selling calls for the next three weeks
Sold UVXY(Weekly) May 06 2016 20.0 Calls @ 0.32 – these expire this Friday
Sold UVXY(Weekly) May 13 2016 25.0 Calls @ 0.42
Sold UVXY May 20 2016 30.0 Calls @ 0.52
$CHK – Bought to Cover…
$CHK – Bought to Cover my short CHK stock @ 5.90. Went short on a Call Option assignment @ 6.0 last Friday
SPX trades
#SPXcampaign
Sold to Open $SPX June 3rd 1910/1885 put spreads for 1.35
Bought to close $SPX May 13th 2145/2170 call spreads for .20. Sold for 1.35 last Thursday.
$NUGT #ShortCall #Rollup – rolling…
$NUGT #ShortCalls #Rollup – rolling up a short call expiring this week to avoid assignment.
Bought to close 1 NUGT May 6 2016 75.0 Call @ 37.13
Sold 1 NUGT Jan 20 2017 120.0 Call @ 41.13 – bumped the strike price 45 points plus a 4 point credit
PCLN earnings
#Earnings $PCLN has some pretty juicy premium for a wide strangle or condor. Below are the three-day move after last 12 reports. Historically, upside has been the bigger risk. The 1560 call is going for 1.30 and is 16% OTM (above previous 15.4% move). And the 1200 put is going for 6.00, which is 10.4% OTM (below previous -9.6% move).
THREE-DAY MOVES
Wed 02/17/2016 BO 15.58%
Mon 11/09/2015 BO -9.56%
Wed 08/05/2015 BO 2.59%
Thu 05/07/2015 BO -4.69%
Thu 02/19/2015 BO 8.30%
Tue 11/04/2014 BO -8.40%
Mon 08/11/2014 BO 2.16%
Thu 05/08/2014 BO 0.36%
Thu 02/20/2014 AC 2.54%
Thu 11/07/2013 AC 4.91%
Thu 08/08/2013 AC 3.87%
Thu 05/09/2013 AC 3.78%
#interestRates #Fed – from the…
#interestRates #Fed – from the horse’s mouth
https://www.stlouisfed.org/on-the-economy/2016/may/negative-interest-rates-tax-sheep-clothing
Options Bistro 