Taking advantage of the stock’s foray below the strike price to cover this one at a profit and avoid assignment. I also have the 650 covered call (which should be assigned) and the 750 covered call (which should expire) on Friday.
Bought to close $AMZN May 20 700 call @ 2.97. Sold for 4.50 on 4/29.
STO Aug 19 30 put for 1.25
STO UVXY May 20 2016 18 Calls @$.11
After the fed minutes, STO May 20 $120 calls @ $0.50
#SPXcampaign Sold to Open $SPX June 1st 2105/2130 call spreads for 1.50. Selling these as a roll and offsetting a put spread I have to create an iron condor for this expiry (Wednesday weeklys).
#Earnings Sold to Open $CRM May 20th 72.5/67.5 put spreads for .75. Over last 12 earnings, Biggest UP move: 12.6%, Biggest DOWN move: -5.8%, Average move: 6.5%. The short strike is 6.6% OTM.
$TGT I checked, nobody here reported being bullish on Target around earnings. It’s down almost 10% today.
$NUGT #ShortPuts #Weeklys – a small dip in NUGT back to 102 allowed me to sell the following.
Sold NUGT MAY 20 2016 86.0 Puts @ 0.55
Sold NUGT MAY 20 2016 88.0 Puts @ 0.75
These expire Friday
#SPXcampaign Away from desk yesterday, Jun3 2140/2165 call spreads closed Tuesday @ .20. Need more call spreads have only one left!?
#ContangoETFs I was assigned some stock at 5.00. When it dropped below 2, it didn’t seem to much ask for a return to 5. Now that it is 12.95, I need it up to 50.00 to break even.
#ContangoETFs STP $NUGT June 3rd 75 put for 2.40
#SPXcampaign Bought to close $SPX June 3rd 2140/2165 call spreads for .20. Sold for 1.35 on May 5th.
Closing this thing a little early just in case we get a 30 point 2 day run…I’m happy since the 145 was originally a 175 that got rolled down for additional premium.
Bought to Close NUGT MAY 20 2016 75/145 Strangles @ .32 (sold for 3.80)
STO $UVXY May 27 16 Calls (covered)
Sold $SVXY Sep 16 30 puts @ 1.40
Sold NUGT JUN 3 2016 170.0 Calls @ 1.75
I’ll leg into the strangle on a pullback…
$UVXY #CoveredCalls #VXXGame – Sold UVXY Jun 03 2016 30.0 Calls @ 0.24. Highest available strike price.
It looks like the SPX is still stuck between 2110 and 2040; for now, but the chart looks like a descending triangle.
$UVXY #CoveredCalls – Sold both of these on this spike …
Sold UVXY May 27 2016 23.0 Calls @ 0.27
Sold UVXY Jun 03 2016 25.0 Calls @ 0.38
Sold SPX JUL 29 2016 1800/1775 Bull put spreads @ 1.70
Legs me into the iron condor against 2225/2250 call spreads sold a few weeks ago.
#SPXcampaign Sold to Open $SPX June 16th 1895/1870 put spreads for 1.30, with SPX at 2048.
#SPXcampaign Bought to close $SPX Mar 27th 2125/2150 call spreads for .20. Sold for 1.30 last Thursday.
$NUGT #ShortPuts #Weeklys – a small dip in NUGT back to 107 allowed me to sell the following
Sold NUGT MAY 20 2016 85.0 Puts @ 0.45
Sold NUGT MAY 20 2016 84.0 Puts @ 0.45
$SPY followed a trade from TT changed the date bearish STO BePS 207/205 and a BeCS 208/213 June 27 for a .99 credit. Profitable below 209
STO $NUGT May 20 135/130/85/80 IC for 0.60.
Expires Friday and looks pretty safe for some lunch money.
$CMG #ShortStrangles – after yesterday’s sharp drop below 440, I decided that I had made enough in my CMG trades and closed out a position that was very expensive to carry. I made money on both sides of the strangle.
Bought to close CMG JAN 20 2017 380.0 Puts @ 19.50 – sold these a while back @ 20.50
Bought to close CMG MAY 20 2016 470.0 Calls @ 0.50 – sold these last Friday at 2.54
I’m now completely out of CMG for the first time since last December.
#ContangoETFs Sold to Open $NUGT June 3rd 150 call for 3.60.
I was tied up in an event at work today so just now getting to post. Only made 1 trade today.
STO May 27 $175 call @ $1.00
$UVXY at the buzzer sold a June 17, 12/8 BuPS for 1.40. The long put is a throw away to save margin.
$SPX Closed May 27 1915/1940 BuPS for .35 freeing up margin to STO
June 30, 2170/2190 BeCS for 1.20
This week’s 75/145 looking pretty good…adding to next week. Lower premium than last week but hopefully safe.
Sold NUGT MAY 27 2016 70/150 strangle @ 2.35 (already down from 3.40 last Friday)
$UVXY #ShortPuts #IRA – Sold UVXY May 20 2016 11.5 Puts @ 0.12. These expire Friday and represent a 1% return on cash in 5 days with the stock currently at 13.
$AAPL #CoveredCalls – Sold 1 AAPL Jun 17 2016 100.0 Calls @ 0.52
#SPXcampaign Sold to Open $SPX June 10th 2135/2160 call spreads for 1.45, with SPX at 2070.
#StockTrades #AfterHours #CoveredCalls
STC $AAPL stock for 93.50. Bought for 99.00 after hours on earnings day. Played for a bounce but instead got a crater. This is half my position, rolling into an options strangle. Will sell put on down day, but for today…
STO $AAPL July 15th 95 call for 2.85. For the moment, this is covered because I have the other half of my stock. I anticipate this will be before their earnings date.
Sold June 3rd 62 Covered calls @ 0.90 when $SVXY was at 56.15
Jun and July looking pretty safe so heading out to August…
Sold SPX AUG 31 2016 2225/2250 Bear call spreads @ 1.60
$SVXY #CoveredCalls #IRA – sold these this morning, replacing calls that expired Friday.
Sold SVXY(Weekly) Jun 03 2016 59.0 Calls @ 1.45
Sold SVXY(Weekly) Jun 03 2016 60.0 Calls @ 1.30
Sold SVXY(Weekly) Jun 10 2016 59.0 Calls @ 2.15
#SPXcampaign STO $SPX 17 JUN 16 2140/2165 BeCS @1.30
#SPXcampaign STO $SPX 24 JUN 16 2160/2185 BeCS @1.20
#CoveredPuts #shortstock
STO $FB June 10th 110 put for .75. This is my first put sale since earnings, against my short stock.
#SPXcampaign Sold to Open $SPX June 16th 2140/2165 call spreads for 1.35, with SPX at 2054.
$SPX 2115/2090 BECS
$FB 95/100 BUPS
$NUGT 69/75 BUPS
$NUGT 101 Call
$NUGT 125 Call
$NUGT 65 Put
$NUGT 77.5 Put
$UVXY 19 Call (covered)
$AAPL 95 Call (covered)
Full Loss
$TSLA BTO 200 Put
Closed out for Loss
$UVXY 15 Put 172% loss
$UVXY 16 Put 66% Loss
Assigned
$TWTR 16 Put Basis 14.95
Thanks to all who share their knowledge and trades
#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, followed a TT trade. bought 2, June 17 218 calls, sold a 204 and a 208, 548 credit, profitable below 208.74
$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 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.
#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.
#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 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 week’s 460 calls to next week’s 470 calls for a 2.54 net Credit.
Bought to close $SPY May 13 204.50 puts @ .03. Sold about an hour ago for .22.
#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)
Bought to close $AMZN May 13 710 put @ .50. Sold for 2.10 earlier.
#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.
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 2016 1825/1800 BuPS @1.50
Sold $SPY May 13 204.50 puts @ .22
Sold $UVXY Sep 16 60 calls @ 1.16
#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 #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.
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 JUN 10 2016 2150/2175 call spreads for .40. Sold for 1.50 on MAY 11 2016, reached its 80%
#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.
Sold $RIG Jun 17 8.00 puts @ .34
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 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 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.
#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.
Sold $SVXY Sep 16 75 call @ 2.45
$JWN Nordstroms a little risky STO June 17 40/35 BuPS for 1.37, sort of following iceman’s falling knife technique
$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 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
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 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
Options Bistro 