$CF #CoveredCalls – Sold CF Jun 24 2016 35.0 Calls @ 0.26. I’m long some stock plus short some long term puts.
Daily Archives: Wednesday, June 8, 2016
SPX Wednesday expiration.
SPX Jun 8 2130/2125/2090/2085 IC that I sold on Monday for 1.00, expired worthless. 100% profit.
$DUST #ShortCalls – covered a…
$DUST #ShortCalls – covered a couple of positions early at minimum value –
Bought to close DUST Jun 24 2016 22.0 Calls @ 0.05
Bought to close DUST Jul 15 2016 33.0 Calls @ 0.05
No commission on either trade.
$SVXY #ShortPuts #VXXGame – Sold…
$SVXY #ShortPuts #VXXGame – Sold SVXY Jul 15 2016 49.0 Puts @ 1.15
$SVXY #CoveredCalls #VXXGame #Rollup –…
$SVXY #CoveredCalls #VXXGame #Rollup – More rolls for this week’s #ITM positions.
Bought to close SVXY June 10 2016 60.0 Calls / Sold to Open SVXY Jul 15 2016 64.0 Calls at a 0.70 Credit
Bought to close SVXY June 10 2016 62.0 Calls / Sold to Open SVXY Jul 01 2016 66.0 Calls at a 0.40 Credit
I only have this week’s strike 65 calls left to cover but I may take assignment if the stock ends up above 65 on Friday.
NUGT ITM rolls
I was assigned early on these so I’m buying them in and sold calls to replace the assigned contracts. I sold the options first, before buying the stock back (when NUGT was 109), and then got a bit of a lucky break as NUGT started to weaken. I waited as the stock went down and got out at 106.78. But I’ll take whatever good news I can get when rolling ITM losses like this.
Assigned on June 45 and 48 calls.
Bought the stock to cover at 106.78.
To recapture from assignment of 45 call: 61.78 (106.78-45.00)
Sold $NUGT Aug 19 45 call @ 65.00
Credit: 3.22
To recapture from assignment of 48 calls: 58.75 (106.78-48.00)
Sold $NUGT Sep 16 48 calls @ 63.70
Credit: 4.95
$NUGT #ShortCalls #Rollup – I…
$NUGT #ShortCalls #Rollup – I had been holding out hope that these positions would work out but this morning’s move put a stake in the heart of that idea. So I rolled up and out.
Bought to close NUGT Jun 17 2016 72.0 Calls / Sold NUGT Jan 20 2017 120.0 Calls @ a 0.15 Credit
Bought to close NUGT Jun 17 2016 94.0 Calls / Sold NUGT Sep 16 2016 145.0 Calls @ a 0.15 Credit
I added significantly to the strike prices without spending any cash. It’s just going to cost me time (I hope)
Maybe it’s time to buy the VIX
http://seekingalpha.com/article/3980632-best-buy-market-right-now-august-vix-futures-contract-video?app=1&auth_param=bf3bv:1blfkoo:53c73d9b1d8b5363747e28713c6eefb2&uprof=37&utoken=5b32faa14fc320dfd5f3f44880808118
Zzzzzzzz…
First post of the day? Wow, this is a boring market. I’m pretty short the market with a bunch of call spreads. Nothing much to do but wait for some pullback or roll things higher and farther.
Adding CMG put
Sold $CMG Jul 15 390 put @ 4.50. Adding to July position at a lower strike.
$WYNN
Two days to expire
$WYNN 90/100 BUPS @ .54
LVS Squeeze
STC Jun 24th LVS 45 Call at $2.85 bought last Wed for $2.05.
It fired yesterday but today is not working as it should so I took the profit.
GM
GM
$LULU-they were right!
$LULU-they were right!
Options Bistro 