#OptionsExpiration for Jun 10
Only one expiration this week
$NUGT 06/10/2016 115 calls
No assignments.
Have a great weekend!
Daily Archives: Friday, June 10, 2016
#OptionsExpiration #Jun10 #Weeklys – wild…
#OptionsExpiration #Jun10 #Weeklys – wild ride this week. No assignments. Next week’s monthly expiration is a big one.
— Expirations —
DUST (Weekly) Jun 10 2016 22 Calls (Covered)
NUGT (Weekly) Jun 10 2016 50 Puts
NUGT (Weekly) Jun 10 2016 55 Puts
NUGT (Weekly) Jun 10 2016 60 Puts
NUGT (Weekly) Jun 10 2016 72.5 Puts
NUGT (Weekly) Jun 10 2016 73 Puts
NUGT (Weekly) Jun 10 2016 74 Puts
NUGT (Weekly) Jun 10 2016 75 Puts
NUGT (Weekly) Jun 10 2016 135 Calls
SVXY (Weekly) Jun 10 2016 45 Puts
SVXY (Weekly) Jun 10 2016 65 Calls (Covered)
UVXY (Weekly) Jun 10 2016 30 Calls (Covered)
Fingernails shorter, but antiperspirant working…
Nail-biter day with the AMZN trade, sweating a bit, but breathing calmly now!
AMZN 730/725/715/707.5 IC – Sold today for 1.10 and expired worthless.
SPX 2090/2075 put spread – sold today for 1.15 and expired worthless.
Ready for a calmer weekend! Hope the same for you all.
Expiration
All I have is:
SVXY 55 put
SVXY 53 put
Options Expiration 6/10/16
— Expiring —
DUST 22 call
SPX 2135/2160 call spreads
SPX 2090/2070 put spreads
Have great weekend!
#OptionsExpiration All I have this…
#OptionsExpiration
All I have this week
$NUGT $155 calls
Taking some NUGT profit
Closing this one for almost full profit.
Bought to close $NUGT Jun 17 57 puts @ .07. Sold for 2.76 on 5/24.
Closing SPY scalp
Closing SPY scalp
Maybe a little piggish but it started to run toward the end of the day and with the decay in hyperdrive I hung on for some more.
Bought to close $SPY Jun 10 209.50 puts @ .02. Sold for .26 earlier.
Interesting there is 10 points…
Interesting there is 10 points difference between /ES (2083) and SPX (2093)
Never use auto-STOPS on spreads
#SPXcampaign Here’s a good example of why you should avoid automated stops on spreads, especially SPX spreads. This is a screen shot from my broker I just took. It’s the spread I sold this morning, 2090/2070. Bid is .15 and ask ia 10.45, so Mid is 5.30! If I had put a 3.00 auto-stop on it, it would have survived the whole day until a few minutes ago. Of course, the bid/ask can get wacky when it’s about to expire in 30 minutes (and also first thing in the morning, and after hours), but this kind of anomaly can happen at any time and slam you out of your spread with a horrible fill.
$UVXY #ShortCalls #VXXGame – Sold…
$UVXY #ShortCalls #VXXGame – Sold UVXY Sep 16 2016 55.0 Calls @ 0.70 with the stock at 12.20.
$UVXY #ShortCalls #VXXGame – Sold…
$UVXY #ShortCalls #VXXGame – Sold UVXY Jul 15 2016 32.0 Calls @ 0.51 with the stock at 12.07.
Highest available strike.
SPX puts sold
#SPXcampaign Sold to Open $SPX June 15th 2060/2035 put spreads for 1.70, with SPX at 2093. Expires Wednesday at the close. Thirty points down in three days could easily happen, so if we drop further today and/or don’t bounce Monday I will roll this.
SPX closed a June 24…
SPX closed a June 24 iron condor for 80, sold for 1.64 on May 9. 1900/1890/2160/2170. SPX isn’t going to 1900 next week-probably not but…
SPY scalp
Trying a quick premium scalp trade on the SPY. Sold $SPY 6/10 209.50 puts @ .26. Seeing if can get .10 out of it.
SPX puts
Getting close to having a roll out on today’s spread. This spread will move up in price VERY fast if we keep dropping. Be careful.
#VXXGame Joining the party Sold…
#VXXGame Joining the party
Sold $UVXY Jul 15 32 calls @ .45. Highest strike in July.
VIX soaring
Pretty big VIX increase on the day, going through 2D Bollinger bands. Looks like biggest 1-day percentage increase of the year; but still short of the 25% needed to fire the Bistro VIX Indicator… 17.60 is that level.
If only I had bought the VIX future two days ago when I posted it!
VXX game day
#VXXGame Finally some action to offset my puts that have been underwater and ITM for weeks…
Following @Iceman…
STO UVXY July 1st 25 calls for .43
STO UVXY July 8th 22 calls for .60
STO UVXY July 22nd 22 calls for 1.00
$UVXY #ShortCalls #VXXGame – I…
$UVXY #ShortCalls #VXXGame – I continue to add these as volatility rises.
UVXY topped out at 11.70 today (so far)
Sold UVXY JUL 1 2016 25.0 Calls @ 0.40 – highest available strike
Sold UVXY JUL 8 2016 22.0 Calls @ 0.58 – highest available strike
Sold UVXY JUL 15 2016 24.0 Calls @ 0.63
Sold UVXY JUL 22 2016 22.0 Calls @ 0.95 – highest available strike
and finally … Sold UVXY Sep 16 2016 55.0 Calls @ 0.60
$NUGT #ShortStrangle – Sold 1…
$NUGT #ShortStrangles – Sold 1 NUGT Jun 24 2016 70/150 Strangle @ 3.60.
Also covered this week’s 117 calls @ 0.05, just in case.
Fuzzy out…for awhile
Pretty much trimmed my positions back to minimal…some covered calls on a few stocks, a little SPX, and a few NUGT strangles. Gonna be in Nassau all next week (my daughter’s Dean’s list reward…LOL). Not sure how the wifi is there and how much time I’ll have to watch the market. I’m guessing it’ll be a crazy week with the FOMC, Grexit, and triple witching so good luck everyone and stay small!
Now…where is that little umbrella for my drink???
SVXY
STO September 35 puts @1.45 starting small but will add on a big decline.
NUGT
STO June 24, 70 put @1.25
STO July 1, 60 put @0.85
SVXY, BTC June 17, 55 put @.85 sold @1.05 yesterday. Getting to close for comfort. I am getting nervous about this market.
$NUGT
STO Jul 1 $65/$160 Strangle @ $4.70
$NUGT need to react to…
$NUGT need to react to falling price ($115 to $105). Roll Jun 10 115 c to Jun 17 $110 for $7cr. Considering selling put to free stock for sale in IRA. Care to share your opinion?
$SVXY
Sold 1 June 24th 50 Put @ 1.05 when $SVXY was at 60.21. Wary of this market. Time for lunch and back to sitting on my hands. Helps the diet too. Ha!
$PANW I sold an iron…
$PANW I sold an iron condor for earnings that included a 170/175 BeCS. After earnings I closed the short 170, kept the 175, and have been selling long calls as PANW has dropped, closing them along the way. Today I sold a June 17, 140 for .35, PANW is at 132. I should have kept the 145 I sold on the 7th and bought yesterday, but I’m trying to be disciplined and close at 50-60% gain.
$NUGT #ShortPuts – Sold NUGT…
$NUGT #ShortPuts – Sold NUGT JUN 17 2016 82.0 Puts @ 1.05 replacing similar positions expiring today.
One week until expiration
$NUGT #ShortCalls – Bought to…
$NUGT #ShortCalls – Bought to close NUGT JUN 10 2016 110.0 Calls @ 1.10 to make a small profit.
A bit of patience today paid off.
Finally able to sell some NUGT puts
Sold $NUGT Jul 1 70 puts @ 2.00. Offsets many short call positions so no margin requirement.
Closing GS BePS
STC GS 150/160 BePS for $6.10 Bought it for $4.15 on Tue. 🙂
STC MA Calls for $0.88; had bought it for $1.90 yesterday….:-(
$AMZN same day IC
STO AMZN Jun 10 730/725/715/707.5 unbalanced iron condor for 1.10.
AMZN seems to be stabilizing around 717-718. I’ll be watching closely, but seems profitable for the day
SPX Chart…
For those of you trading the SPX. 
$UVXY #ShortCalls #VXXGame #OptionLadder -…
$UVXY #ShortCalls #VXXGame #OptionLadder – sold a whole bunch of calls against existing long stock
UVXY JUN 24 2016 22.0 Calls @ 0.28
UVXY JUL 8 2016 22.0 Calls @ 0.39
UVXY JUL 15 2016 24.0 Calls @ 0.49
UVXY JUL 22 2016 22.0 CallS @ 0.66
UVXY SEP 16 2016 45.0 Calls @ 0.69
UVXY SEP 16 2016 50.0 Calls @ 0.61
$NUGT
Wish there were higher strikes in the $NUGT calls in the coming weeks.
$SVXY
STO Jul 1 $45 puts @ $0.80
STO Jul 8 $45 puts @ $1.05
SVXY
STO September 36 put @1.55
$SVXY #ShortPuts #VXXGame – selling…
$SVXY #ShortPuts #VXXGame – selling puts at strike prices up to 25% below the current price
Sold 1 SVXY Sep 16 2016 39.0 Put @ 2.05
Sold 1 SVXY Sep 16 2016 40.0 Put @ 2.20
Initial positions at these strikes.
Same day put spread
#SPXcampaign Sold to Open $SPX June 10th 2090/2070 put spreads for 1.35, with SPX at 2098
Options Bistro 