#OptionsExpiration for 5/20 I was…

#OptionsExpiration for 5/20
I was away from my desk for the end of the trading day today, moving my daughter out of her dorm (that year went quickly!). Just got home and catching up on the expirations.

$AMZN 05/20/2016 640 puts
$AMZN 05/20/2016 750 calls (covered)
$CELG 05/20/2016 100 puts
$CLDX 05/20/2016 18 calls
$KOLD 05/20/2016 280 calls
$NFLX 05/20/2016 93 calls
$NUGT 05/20/2016 145 calls
$NUGT 05/20/2016 65 puts
$WYNN 05/20/2016 85 puts (covered)

Assignments
$AMZN 05/20/2016 650 calls (shares being called away)

Legged out of Jeff’s AMZN Iron Butterfly trade (from the road) paying a total of 3.13, having sold yesterday for 3.90. I probably could have done better had I been in front of my screen, and looking back I should have thought more about it and passed on the trade since I wasn’t going to be able to watch it at the end of the day. Glad to be out for a profit though.

Have a great weekend everyone.

#OptionsExpiration Hey guy’s, just getting…

#OptionsExpiration
Hey guy’s, just getting home. Here are my expirations:

$NUGT $60 puts
$NUGT $65 puts
$NUGT $70 puts
$NUGT $120 calls
$NUGT $150 calls
$NUGT $160 calls
$NUGT $170 calls

Ended up with some good premium this week. I messed up my $NUGT $80 puts yesterday and closed them early and rolled them. With out being able to monitor the market, I just wasn’t comfortable with the position. Sold them too early on Wed. Thought $NUGT was stablizing at $93 – $94, only to have it take another $10 drop after I sold them.

#OptionExpiration

#OptionsExpiration
Expired with 100% Profit
MAIN May 20th 30 Put
CNX May 20th 16 Call
XOP   May 20th 35 Call
SVXY May 20th 58 Call
SVXY May 20th 60 Call
SVXY May 20th 45 Put
Taking assignment
CSX May 20th 27 Put
Have a great weekend all.

Options Expirations 5/20/16

#OptionsExpiration
— Expiring —
$CRM 72.5/67.5 put spreads (#Earnings)
$FB 100 put
$NUGT 89 puts
$NUGT 130 and 160 calls
$UVXY 23 call

–Assignment–
$NUGT 89 calls, purchased stock at 89.oo after-hours so short stock assignment will zero out the position

$SVXY #CoveredCalls – sold all…

$SVXY #CoveredCalls – sold all of these at various times during the day to replace large positions expiring today
SVXY JUN 24 2016 62.0 Calls @ 1.75
SVXY JUN 24 2016 63.0 Calls @ 1.55
SVXY JUL 1 2016 61.0 Calls @ 2.55
SVXY JUL 1 2016 63.0 Calls @ 1.90

#OptionsExpiration #Monthlys #May20 – A…

#OptionsExpiration #Monthlys #May20 – A big one today.
NUGT and SVXY did just what they had to make this a very profitable week.
Plenty of covered calls rolled off this week too. Writing new ones next week should bring in a bit of cash.

— EXPIRATIONS —
BOIL May 20 2016 13 Calls (Covered)
BOIL May 20 2016 14 Calls (Covered)
BOIL May 20 2016 15 Calls (Covered)
CNX May 20 2016 14 Calls (Covered)
ESV May 20 2016 13 Calls (Covered)
FTI May 20 2016 32 Calls (Covered)
GTLS May 20 2016 30 Calls (Covered)
MRVL May 20 2016 9 Puts

NUGT May 20 2016 67 Puts
NUGT May 20 2016 68 Puts
NUGT May 20 2016 69 Puts
NUGT May 20 2016 70 Puts
NUGT May 20 2016 72 Puts
NUGT May 20 2016 73 Puts
NUGT May 20 2016 74 Puts
NUGT May 20 2016 75 Puts
NUGT May 20 2016 84 Puts
NUGT May 20 2016 85 Puts
NUGT May 20 2016 86 Puts
NUGT May 20 2016 95 Calls
NUGT May 20 2016 98 Calls
NUGT May 20 2016 100 Calls
NUGT May 20 2016 101 Calls
NUGT May 20 2016 102 Calls
NUGT May 20 2016 105 Calls
NUGT May 20 2016 120 Calls
NUGT May 20 2016 135 Calls
NUGT May 20 2016 160 Calls

QRVO May 20 2016 30 Puts

SVXY May 20 2016 35 Puts
SVXY May 20 2016 36 Puts
SVXY May 20 2016 37 Puts
SVXY May 20 2016 38 Puts
SVXY May 20 2016 39 Puts
SVXY May 20 2016 40 Puts
SVXY May 20 2016 57 Calls
SVXY May 20 2016 58 Calls
SVXY May 20 2016 60 Calls
SVXY May 20 2016 61 Calls

SWN May 20 2016 12 Calls (Covered)
SWN May 20 2016 13 Calls (Covered)
SWN May 20 2016 14 Calls
SWN May 20 2016 15 Calls
THC May 20 2016 22.5 Puts

UVXY May 20 2016 12 Puts
UVXY May 20 2016 18 Calls (Covered)
UVXY May 20 2016 20 Calls (Covered)
UVXY May 20 2016 21 Calls (Covered)
UVXY May 20 2016 22 Calls (Covered)
UVXY May 20 2016 30 Calls
UVXY May 20 2016 50 Calls

XLE May 20 2016 67.5 Calls (Covered)

— Assignments —
CF May 20 2016 35 Puts – getting long some stock
JWN May 20 2016 40 Puts – getting long some stock
KORS May 20 2016 42.5 Puts – getting long some stock
M May 20 2016 34 Puts – getting long some stock

AMZN IB closed

#IronButterfly BTC $AMZN May 20th 700 call for 2.90. Total profit on trade: 1.01 plus commissions.

Last minute straddle

#ContangoETFs STO NUGT May 20th 89 straddle for .85… Living on the edge.

TLT loser

#LongCalls STC $TLT May 20th 130 calls for .25. Bought for 1.78 average. I waited and waited but TLT hasn’t popped yet. Still holding June 132 calls.

$NUGT #ShortPuts – Sold NUGT(Weekly)…

$NUGT #ShortPuts – Sold NUGT(Weekly) May 27 2016 69.0 Puts @ 1.10

$UVXY taking a cue from…

$UVXY taking a cue from some of you guys, sold a September 16, 11 put for 2.60

Broker call????

Just had a call from my broker asking me to buy back a spread that was partly in the money. I had today’s $AMZN 702.5/707.5 call spread. The broker said I would have to close it before the bell because the short leg was in the money. Is that right on a spread? I don’t remember ever having to close a spread because one leg was in the money. I thought that was what the other leg was for, to cover that. Any ideas there why? Was it because of the large dollar value of AMZN? Any explanations would be helpful here. I went ahead and closed it, but didn’t really understand why I had to do so.

AMZN IB

#IronButterfly BTC $AMZN May 20th 700 put for .14. Sold as part of iron butterfly for 4.05. Now need Amazon below 703.91 for breakeven, or below 700 for max profit of 3.91

UVXY roll

#VXXGame Just made the following roll. Decided not to get tricky with some reverse double half-Nelson type roll. I don’t mind being underwater puts when the UVXY is this low.

BTC NUGT May 20th 18 put for 4.40. Sold for 2.31 on 3/22
STO NUGT June 17th 17 put for 4.55.

$NUGT #ShortPuts #Rolldown – did…

$NUGT #ShortPuts #Rolldown – did the following roll
Bought to close NUGT May 20 2016 88 Puts @ 0.57 – originally sold @ 0.75
Sold NUGT May 27 2016 70.0 Puts @ 1.07 – dropped the strike price 18 points plus a 0.50 credit.

$SVXY #CoveredCalls #IRA #Rollup -…

$SVXY #CoveredCalls #IRA #Rollup – did the following roll after SVXY put on it’s typical Friday run higher
Bought to close SVXY May 20 2016 55 Calls @ 0.59 – originally sold @ 2.19 on an earlier rollup
Sold SVXY (Weekly) Jun 10 2016 60 Calls @ 1.24 – bumped the strike price up 5 points plus a 0.65 credit

$SPX July 8 BeCS 2155/2170…

$SPX July 8 BeCS 2155/2170 for 1.50

$SVXY STO May 20 SVXY…

$SVXY STO May 20 SVXY $56 call for 0.20, hoping for a scalp, one-day trade.

$AAPL $AMZN closed a BuPS…

$AAPL $AMZN closed a BuPS on Aapl and a BeCS on AMZN, had gotten roughly 70% on both of them, expire in June

RLYP covered calls

In the #IRA :

Bought to Close RLYP MAY 20 2016 15.0 Calls @ .05 (sold for 1.30)
Sold RLYP JUN 17 2016 15.0 Calls @ 1.90

Cost basis now down to 11.15.

SPX Call Spread sold

SPX Jun16 2135/2155 when SPX @2054 for $1.00

FB short put

$FB #shortputs Thursday sold June 24 FB 113 put @ 2.15

$NUGT #ShortCalls – Sold 1…

$NUGT #ShortCalls – Sold 1 NUGT(Weekly) JUN 3 2016 130.0 Call @ 2.00

$NUGT #ShortPuts – setting up…

$NUGT #ShortPuts – setting up for next week while removing risk for today
Bought to close NUGT MAY 20 2016 75.0 Puts @ 0.05
Sold NUGT(Weekly) MAY 27 2016 70.0 Puts @ 1.40

SPX calls sold

#SPXcampaign Sold to Open June 16th 2130/2155 call spreads for 1.40, with SPX at 2051.

GM all

GM all

SPX puts closed

#SPXcampaign In pre-market, bought to close $SPX May 27th 1940/1915 put spreads for .30. Sold for 1.30 on April 25th.