BTC June 17, 120 call @1.05, sold at 2.05
Since I am very involved in the SVXY, I would like to reduce my risk in other options.
Daily Archives: Tuesday, June 14, 2016
$NUGT #ShortCalls #OptionLadder – another…
$NUGT #ShortCalls #OptionLadder – another minor adjustment to my positions today:
Bought to Close 1 Contract NUGT Jun 17 2016 92.0 Call at 9.90 for a small gain – It is still in the money!!
In it’s place I sold the following #OptionLadder
2 NUGT Jun 17 2016 125.0 Calls @ 1.05 – these expire Friday
1 NUGT Jun 24 2016 140 Call @ 2.30
1 NUGT Jul 1 2016 160 Call @ 2.30
1 NUGT Jul 1 2016 160 Call @ 3.50
$NUGT #ShortCalls #ShortStrangles – a…
$NUGT #ShortCalls #ShortStrangles – a minor adjustment to my positions today:
Bought to Close 1 Contract NUGT Jun 17 2016 105 Call at $5.30 for a small gain
In it’s place I sold 2 strangles for this week –
NUGT Jun 17 2016 120 Calls / NUGT Jun 17 2016 79 Puts @ 2.06 Credit
Not a cash generator but I feel better about holding the new positions through Friday.
SPXM iron condor
#SPXcampaign Sold to Open $SPXM July 17th 2000/2020/2100/2120 condors for 2.40. This is the roll from the June 15th put spread stopped earlier. Fairly tight range for a volatile week, so I will need to be adept if Janet or anything else gives us more big moves.
$SPY followed from TT August…
$SPY followed from TT August 19, 187/217 strangle for 3.09, first SPY strangle, have to grow up sometime.
SPX roll
Rolled SPX JUN 24 2016 2025/1950 BuPS to Aug 31 1825/1775 for .20 credit. (2x size but still very small)
This was originally a 1975/1950 put side of an iron condor where I had greedily rolled up the short side for extra credit. Approaching delta 25 so taking action. Now paired up with 2225/2250 calls for a new condor.
TD Ameritrade-anybody else having trouble…
TD Ameritrade-anybody else having trouble with the website?
SPX spreads
Bought to Close SPX JUL 29 2016 1800/1775 Bull put spreads @ 1.20 (sold for 1.70)
Just playing it safe here…
This was more of a…
This was more of a delta play vs a theta type trade. Taking it off now to cover margaritas for the week…LOL
Bought to Close SVXY DEC 16 2016 75.0 Call @ 3.00 (sold for 6.00)
No volatility here this week! 🙂 🙂 🙂
SPX puts stopped
#SPXcampaign Bought to close $SPX June 15th 2060/2035 put spreads for 3.10. Sold last week for 1.70. One of those frustrating ones, with plenty of chances to close for breakeven or small profit, but it got away from me. Holding off on the roll until I see where SPX goes today.
DIS Squeeze and Pre-Earnings Trade
BTO Aug 19 DIS 100 Calls at $2.35; earnings is Aug 9th and it is on a squeeze, and it is at support, so it may bounce up from here. Fib levels are at around 102 (38.2%) and 100% of previous move, so it may hit that level….My Delta position is 137 so it should make some money if it goes to that level. Time decay is not that bad and if it stagnate, it can be turned into a Calendar or a Diagonal to lower the cost. Earnings should make this expiration to increase in IV and this is a Vega positive position.
SVXY
One last one before I go run errands.
STO July 15, 30 put @0.80
SPX puts stopped
#SPXcampaign #CondorRoll Another 3-dollar stop hit, rolling into a condor.
Bought to close $SPX July 1st 1990/1965 put spreads for 3.00.
Sold to Open $SPX July 6th (Wednesday) 1825/1850/2160/2185 iron condor for 2.30, 1.5x position size.
$SVXY #ShortPuts – Sold SVXY…
$SVXY #ShortPuts – Sold SVXY Sep 16 2016 30.0 Puts @ 2.25. Three months to expiration with a breakeven below the 52week low.
edited to include the strike price
SVXY
STO June 17, 40 put@.35
STO June 24 35 put@.70
That is it for me for today and probably the rest of the week.
$SPX Wednesday iron condor
STO Jun 15 2120/2110/2050/2040 IC @ 0.95, with SPX at 2077.
$UVXY #CoveredCalls #VXXGame – Sold…
$UVXY #CoveredCalls #VXXGame – Sold UVXY Jun 24 2016 26.0 Calls @ 1.27.
This expires a week from Friday and is the highest available strike price
$UVXY #CoveredCalls #VXXGame – Sold…
$UVXY #CoveredCalls #VXXGame – Sold UVXY Jun 17 2016 20.0 Calls @ 0.85. These expire Friday
$UVXY #VXXGame Taking Iceman’s lead…
$UVXY #VXXGame
Taking Iceman’s lead on good strikes to sell, I sold $UVXY Jul 15 32 calls @ 1.72. Highest strike in July.
$UVXY #ShortCalls #VXXGame – sold…
$UVXY #ShortCalls #VXXGame – sold the following this morning
UVXY Sep 16 2016 115.0 Calls @ 1.00
UVXY Jan 20 2017 170.0 Calls @ 0.98
UVXY Jan 19 2018 115.0 Calls @ 4.25
BREXIT – All you need to know.
http://www.bbc.com/news/uk-politics-32810887
http://durableportfolios.com/UK-European-Union-Referendum?gclid=Cj0KEQjw1v66BRCV-6rh6s-Biu8BEiQAelpuiwdHYz1Ix48GKw49kggucYLzvsxldcBdua8WO3Lr6bYaAr8x8P8HAQ
http://www.cato.org/blog/britain-leaves-eu-will-implode?gclid=Cj0KEQjw1v66BRCV-6rh6s-Biu8BEiQAelpuiy2OfPPS3ahIw8jg6UcMiw_J7dFo5w3HOY23LOF3mSQaAgMv8P8HAQ
Options Bistro 