AM I the only one expecting a rebound from $13 up to 14.50 or 15? This market is overbought short-term. BTC UVXY 13.10 shorted 18.50, 15.85
Daily Archives: Tuesday, May 10, 2016
Risk certainly back On
#SPXcampaign I’m stuck with this week’s 2090/2115 call spread. I have been trying to get out for past hour, but rally won’t stop. Looking to roll up to March 24th Wednesday weekly 2120/2145 with 1.5x contracts. I would then add a put spread as well to balance out margin and premium.
$LL I saw a headline…
$LL I saw a headline about old nemesis Lumber Liquidators, still going down, anybody here remember that fiasco? Yikes!
$SPY followed mortlightman with his…
$SPY followed mortlightman with his SPY butterfly but went to May 27 and increased the higher strike to 208. Buy a 203, sell 2 205s, buy a 208 for a credit 0f .41. This makes money on a pullback below 207 and change. I’m new at these butterflies, learning as I go, small risk.
edited for proper strike-again
SOME TRADES: Trade repair, rolling…
SOME TRADES: Trade repair, rolling out and down. Going on a trip and may not be able to do this by Friday.
$FCX BTC 5/13/16 12.0 PUTS @1.30
$FCX STO 5/20/16 11.50 PUTS @1.20 Lost .10
$UVXY BTC 5/13/16 15.0 PUTS @1.79
$UVXY STO 5/27/16 14.0 PUTS @1.82 Made .03 ;>)
$UVXY BTC 5/13/16 17.0 PUTS @3.55
$UVXY STO 6/3/16 16.0 PUTS @3.50 Lost .05
$UVXY STO 5/20/16 18.0 CALLS @.34
$UVXY STO 5/27/16 20.0 CALLS @.41
$WLL STO 6/3/16 11.50 CALL @.55 Covered
$SVXY sold calls (covered) May…
$SVXY sold calls (covered) May 13 $58 for 0.80
$UVXY #CoveredCalls – Sold UVXY…
$UVXY #CoveredCalls – Sold UVXY MAY 13 2016 17.0 Calls @ 0.14
When SPY was 207.65
When SPY was 207.65
BTO SPY May 16 207/205/203…
BTO SPY May 16 207/205/203 BF .30
SPX calls sold
#SPXcampaign Sold to open $SPX June 10th 2145/2170 call spreads for 1.40, with SPX at 2071.
$UVXY #ShortCalls – Bought to…
$UVXY #ShortCalls – Bought to close 1 UVXY JAN 20 2017 170.0 Call @ 0.37. Still has 255 days until expiration.
Originally sold 12/11/15 @ 10.10
Good morning!
New all-time low in $UVXY was hit right after the open, beating the low from April 28th. Also, lowest for the VIX since that date. Almost a new low in VXX…