Bought stock @ 13.62
STO 6/17 13.50 Puts @ .45
STO 7/15 12.50 Puts @ 1.00
Daily Archives: Thursday, June 9, 2016
$SVXY #ShortPuts #VXXGame #OptionLadder –…
$SVXY #ShortPuts #VXXGame #OptionLadder – adding to my positions
No margin cost because of a excess of short calls on this stock.
SVXY JUL 1 2016 45.0 Puts @ 0.60
SVXY JUL 15 2016 46.0 Puts @ 1.10
TRADES:
$ETE STO 6/17/16 13.50 PUTS @.45
$ETE STO 6/24/16 13.0 PUTS @60
$SVXY #ShortPuts #VXXGame #OptionLadder -…
$SVXY #ShortPuts #VXXGame #OptionLadder – another account with an #OptionLadder in SVXY.
No margin cost because of a excess of short calls on this stock.
SVXY JUN 17 2016 53.0 Puts @ 0.40
SVXY JUN 24 2016 48.0 Puts @ 0.50
SVXY JUL 1 2016 45.0 Puts @ 0.50
SVXY JUL 15 2016 46.0 Puts @ 1.05
$UVXY #CoveredCalls #ShortCalls #VXXGame #OptionLadder…
$UVXY #CoveredCalls #ShortCalls #VXXGame #OptionLadder – setting up some short calls for the next 5 weeks with strike prices over 100% out of the money.
As the near week options expire, the later week options become covered. Very inexpensive short positions to carry on margin.
UVXY JUN 17 2016 20.0 Calls @ 0.07
UVXY JUN 24 2016 21.0 Calls @ 0.16
UVXY JUL 1 2016 21.0 Calls @ 0.29
UVXY JUL 8 2016 22.0 Calls @ 0.32
UVXY JUL 15 2016 23.0 Calls @ 0.42
SPX calls stopped
#SPXcampaign Bought to close $SPX June 16th 2135/2160 call spreads for 2.40. Sold as part of an iron condor for 3.30 on May 25th.
SPX got within 20 points, so need to stick to my rules and close this. Escaping with profit (assuming 1940/1915 puts will expire), so good for now, although I will likely replace it if we push back toward 2120.
Closing PANW
I’m closing the Jun 133/140 strangle I rolled to from the May 27 135 puts (earnings trade) gone bad.
Bought to close Jun 17 133/140 strangles @ 2.70. Sold for 7.10 on 5/27.
Overall profit (including rollout): 1.29
SVXY
STO June 24, 50 puts @0.65
STO July 15, 47 puts @1.15
DIS July 2016 93.50 Put…
DIS July 22 93.50 P 93.50 Put sold for $1.10 when Disney @97.25
Our old friend KOLD
Has gotten hammered in the rebound in nat gas, now at 125. I still have some in the money call positions that have been rolled several times (now in August) at 120, 115 and 110. Considering the carrying cost and the time left, if I can close any of them at an overall profit I’ll be doing that. Have some bids in but it’s a crapshoot with the wide spreads.
SVXY
STO July 15, 50 put @1.55
More SPX puts sold
#SPXcampaign Sold to Open $SPX July 1st 1990/1965 put spreads for 1.30, with SPX at 2109.
Two Squeeze Plays; FB and MA
FB is on a squeeze on almost every time frame chart. It seems to want to come down, so I bought a BW Put BF for next week expiration 113/115/119 for $1.16; that is my max risk $116 pp. This trade will make money as long as FB finishes below the 117.87 BEP. Mort gave me the idea and I went with it.
Now MA looks like it wants to move higher since the squeezes in the 39 min and 78 min charts have all fire to the long side. So I bought some Calls; BTO Jun/24 MA 96.5 Call for $1.90.
SVXY
Getting back into the game. STO:
June 24, 52 puts @0.80
July 1, 51 puts @1.05
July 8, 50 puts @1.15
$SVXY #ShortPuts #OptionLadder – I…
$SVXY #ShortPuts #OptionLadder – I sold the following this morning
SVXY JUN 24 2016 52.0 Puts @ 0.75
SVXY JUL 1 2016 51.0 Puts @ 1.05
SVXY JUL 8 2016 50.0 Puts @ 1.10
SPX puts sold
#SPXcampaign Sold to Open $SPX July 8th 1975/1950 put spreads for 1.30, with SPX at 2109.
$NUGT
Drag. Yesterday, $GDX went above the 5/2 high. $NUGT topped out $10 below it’s 5/2 high.
$NUGT
I was at an all day offsite yesterday so away from the market. Had a GTC order get filled.
STO $NUGT Jun 24 $160 call @ $2.10
Options Bistro 