#OptionsExpiration for May 13 Expiring:…

#OptionsExpiration for May 13
Expiring:
$NUGT May 13 130 calls
$NUGT May 13 73 puts

No assignments this week.

Have a great weekend everyone.

$SPY filled after the bell,…

$SPY filled after the bell, followed a TT trade. bought 2, June 17 218 calls, sold a 204 and a 208, 548 credit, profitable below 208.74

#OptionsExpiration $NUGT $50 puts $NUGT…

#OptionsExpiration

$NUGT $50 puts
$NUGT $55 puts
$NUGT $65 puts
$NUGT $70 puts
$NUGT $73 put
$NUGT $75 put
$NUGT $77 put
$NUGT $150 calls
$NUGT $170 call

$UVXY #CoveredCalls – Sold a…

$UVXY #CoveredCalls – Sold a bunch of UVXY May 20 2016 22.0 Calls @ 0.19 right at the close.
I’m pretty certain that these will expire next week.

SPX calls added

#SPXcampaign To juice up the rolls just made, I added a small call spread to the May 27th expiry, since I am overweight puts that week:
Sold to Open $SPX May 27th 2105/2130 call spreads for 1.10.

Options Expiration 5/13/16

#OptionsExpiration
–Expiring–
NUGT 120 calls
NUGT 75 puts
–Assignment–
DATA long 49 put: calls away my long stock assigned last Friday at 51.00 from earnings trade (small loss)

#OptionsExpiration #Weeklys #May13 – A…

#OptionsExpiration #Weeklys #May13 – A pretty good week although I rolled some SVXY covered calls out a bit too early in the day today. And I finally made more money on NUGT short Puts than I lost on the Calls for the week.

— Expirations —
NUGT (Weekly) May 13 2016 60 Puts
NUGT (Weekly) May 13 2016 65 Puts
NUGT (Weekly) May 13 2016 68 Puts
NUGT (Weekly) May 13 2016 70 Puts
NUGT (Weekly) May 13 2016 71 Puts
NUGT (Weekly) May 13 2016 73 Puts
NUGT (Weekly) May 13 2016 74 Puts
NUGT (Weekly) May 13 2016 75 Puts
NUGT (Weekly) May 13 2016 77 Puts
NUGT (Weekly) May 13 2016 78 Puts
NUGT (Weekly) May 13 2016 79 Puts
NUGT (Weekly) May 13 2016 80 Puts
NUGT (Weekly) May 13 2016 81 Puts
NUGT (Weekly) May 13 2016 82 Puts
NUGT (Weekly) May 13 2016 83 Puts
NUGT (Weekly) May 13 2016 125 Calls
NUGT (Weekly) May 13 2016 130 Calls
NUGT (Weekly) May 13 2016 140 Calls
NUGT (Weekly) May 13 2016 150 Calls

SVXY (Weekly) May 13 2016 35 Puts
SVXY (Weekly) May 13 2016 40 Puts
SVXY (Weekly) May 13 2016 56 Calls (Covered)
SVXY (Weekly) May 13 2016 58 Calls (Covered)

TSLA (Weekly) May 13 2016 270 Calls

UVXY (Weekly) May 13 2016 13 Puts
UVXY (Weekly) May 13 2016 17 Calls (Covered)
UVXY (Weekly) May 13 2016 22 Calls (Covered)
UVXY (Weekly) May 13 2016 24 Calls (Covered)
UVXY (Weekly) May 13 2016 25 Calls (Covered)

— Assignments —
AGNC (Weekly) May 13 2016 19 Calls (Covered)
DUST (Weekly) May 13 2016 1.5 Puts
DUST (Weekly) May 13 2016 2 Puts

$CMG #ShortCalls – Rolled this…

$CMG #ShortCalls – Rolled this week’s 460 calls to next week’s 470 calls for a 2.54 net Credit.

Closing SPY trade

Bought to close $SPY May 13 204.50 puts @ .03. Sold about an hour ago for .22.

SPX puts stopped and rolled

#SPXcampaign #Rolling Down move today stopped me on some spreads I was fairly aggressive with earlier this week.
Bought to close $SPX May 25th 2010/1985 put spreads for 3.70. Sold for 1.70 on Wednesday. Rolled to…
Sold to Open SPX June 1st 1980/1955 put spreads for 2.55 (1.5x contracts). This was a Wednesday to Wednesday roll.

Bought to close SPX May 19th 2015/1990 put spreads for 3.10. Sold for 1.30 on Wednesday. Rolled to…
Sold to Open SPX May 27th 1980/1955 put spreads for 2.25 (1.5x contracts)

Closing out AMZN trade from this morning

Bought to close $AMZN May 13 710 put @ .50. Sold for 2.10 earlier.

SPX calls closed

#SPXcampaign Bought to close $SPX June 3rd 2150/2175 call spreads for .20 (earlier). Sold for 1.60 on May 2nd
Bought to close May 25th 2125/2150 call spreads for .20. Sold for 1.50 on Wednesday.

Pending NUGT roll

I know I’m probably getting a little too cute here but I still have a 95 call for today’s expiration that I was planning to roll. But I’m watching NUGT and the gold futures to see if there’s a shot this thing gets under my break even (around 97) before the end of the day. It’s been falling like a rock. I guess I’m not too concerned since this rolls so easily and I can probably get a nice credit for a 1 week roll with an additional 10-15 points on the strike. Watching…

#SPXcampaign STO $SPX JUL 8…

#SPXcampaign STO $SPX JUL 8 2016 1825/1800 BuPS @1.50

Trying a 1 hour SPY decay trade

Sold $SPY May 13 204.50 puts @ .22

UVXY calls

Sold $UVXY Sep 16 60 calls @ 1.16

#VXXGame

NUGT roll

#ContangoETFs BTC NUGT May 13th 95 call for 7.20. Sold for 3.05 in April.
STO NUGT May 27th 83/130 strangle for 8.00

I’m adopting Iceman’s rule and sticking to 2 weeks out, max.

$NUGT #ShortCall #Rollup – rolled…

$NUGT #ShortCalls #Rollup – rolled up the only in the money position I was carrying in NUGT for this week

Bought to close NUGT May 13 2016 95.0 Call / Sold NUGT Jun 10 2016 135.0 Call for a 0.50 Net Credit.

Shopping at Nordstrom

On the move down after earnings, I’m willing to either buy the stock at 34.48 at June expiration, or keep the premium.

Sold $JWN Jun 17 35 puts @ .52.

#SPXcampaign Bought to close $SPX…

#SPXcampaign Bought to close $SPX JUN 10 2016 2150/2175 call spreads for .40. Sold for 1.50 on MAY 11 2016, reached its 80%

UVXY avoid assignment

#VXXGame BTC UVXY May 13th 13.5 puts for .03. Sold last Friday for .28. Yeah, they’ll probably expire but can’t trust this market with anything.

RIG puts

Sold $RIG Jun 17 8.00 puts @ .34

Adding to SWKS position

Opened a further dated rung to what has become a naked put ladder.
Sold $SWKS Aug 19 50 puts @ 1.40.
Adding to Jun 17 60 puts and Jun 24 60 puts.

#SPXcampaign Bought to close $SPX…

#SPXcampaign Bought to close $SPX May 27th 2130/2155 call spreads for .30. Sold for 1.25 on MAY 10 2016, no need to wait for next week for to buy it at 80%

$DOW rolled a May 50…

$DOW rolled a May 50 covered call to June 50 for a credit, reducing cost basis to under 48, my original purchase price was 54. If it continues to float around 50, I’ll keep rolling and buying shares with dividends.

SPX call spread closed

#SPXcampaign Bought to close $SPX June 16th 2175/2200 call spreads for .30. Sold for 2.75 on March 18th as a roll. This was a longer term attempt that worked nicely.

Covered call on SVXY

Sold $SVXY Sep 16 75 call @ 2.45

#VXXGame

$JWN Nordstroms a little risky…

$JWN Nordstroms a little risky STO June 17 40/35 BuPS for 1.37, sort of following iceman’s falling knife technique

$NUGT #ShortStrangle – Sold 1…

$NUGT #ShortStrangles – Sold 1 NUGT May 27 2016 65/142 Strangle @ 3.45. Not willing to go out more than two weeks

$SVXY #CoveredCalls #IRA #Rollout -…

$SVXY #CoveredCalls #IRA #Rollout – SVXY is putting on it’s typical Friday rally. Rolling out some covered calls to avoid assignment tonight.

Bought to close SVXY MAY 13 2016 55.0 Calls/ Sold SVXY JUN 10 2016 59.0 Calls for an 0.86 Net Credit

Decay trade on AMZN

Idea from the traders feed on TastyTrade/Dough. Decay trade for today now that the stock is stabilizing a bit. Sold $AMZN May 13 710 put @ 2.10.

$UVXY #ShortPuts – Sold UVXY…

$UVXY #ShortPuts – Sold UVXY May 20 2016 12.0 Puts @ 0.34 replacing the puts I covered earlier.
These expire in a week and have a strike price below the all-time low in the stock

$UVXY #ShortPuts – Bought to…

$UVXY #ShortPuts – Bought to close UVXY (Weekly) May 13 2016 13.5 Puts @ 0.14 to avoid possible assignment tonight

NUGT strangle

Easing in again…staying short term and small. Thinking (hoping 🙂 ) that next week’s 75/145 will start decaying pretty rapidly after the weekend.

Sold 1 NUGT MAY 27 2016 70/150 Strangle @ 3.40

SPX calls closed

#SPXcampaign Bought to close $SPX May 27th 2135/2160 call spreads for .30. Sold for 2.25 on April 29th as a roll.

Transports and Oil holding the…

Transports and Oil holding the bulls down…maybe another day of nothing…which is great for Theta decay….

$DXY $GLD

Dollar making a pretty good move higher but Gold really barely moving. Gold has been surging more on weak dollar than it has been giving back on a strong dollar. Continues to be an underlying bid.

SPX puts sold

#SPXcampaign Sold to open $SPX June 3rd 1965/1940 put spreads for 1.45, with SPX at 2065.

$KATE #ShortStock – covered a…

$KATE #ShortStock – covered a short stock position @ 21.90 that I’ve had for several months. Made a small profit.
Still short the July 14 Puts