$SVXY sold a July 15 37 put for 1.15 thanks to SVXY traders
Daily Archives: Wednesday, June 15, 2016
SPX puts stopped
#SPXcampaign So I can sleep better, I closed the last borderline put spread… bought to close $SPX July 8th 1975/1950 puts spread for 2.95. Sold on June 9th for 1.30. I will sell a roll tomorrow or Friday.
SVXY
STO July 8, 40 put @1.35
SVXY
STO July 1, 40 put @0.95
$NUGT #ShortCalls = Sold 1…
$NUGT #ShortCalls = Sold 1 NUGT DEC 16 2016 185.0 Call @ 24.00
$SVXY
Sold July 08th 40 Put @ 1.35 with $SVXY @ 51.99 I will take assignment here.
$CMG Chipotle continues to head…
$CMG Chipotle continues to head south
NUGT call
#ContangoETFs Sold to Open NUGT July 29th 160 call for 9.50. Highest available strike.
NO change in interest rate
NO change in interest rate
Closing some SVXY covered calls
I’m taking these close to the money positions off at a profit before the FOMC statement, in the event a big swoon in volatility spikes SVXY and takes me out on Friday. I’m still short the 60 and 65 covered calls which I will let go if it gets that high. I’m also short 35 and 44.50 puts for this week’s expiration.
Bought to close $SVXY Jun 17 53 calls (covered) for .76-.80 (sold for 1.30)
Bought to close $SVXY Jun 17 54 calls (covered) for .50 (sold for 1.40)
Rolling some NUGT
I rolled my deep in the money calls. I’m still short 92 calls for June which I’m leaving for now, and 130 calls. The rest are now in July and August
Rolled $NUGT Jun 44 calls out to Aug 45 calls for .70 credit
Rolled $NUGT Jun 46 call out to Jul 46 call for .45 credit
Rolled $NUGT Jun 65 calls out to Jul 65 calls for 2.91 credit
$VIX — http://www.zerohedge.com/news/2016-06-15/unprecedented-jump-vix
$VIX — http://www.zerohedge.com/news/2016-06-15/unprecedented-jump-vix
Brexit/Bremain – more info on 6/23 vote
http://www.reuters.com/article/us-britain-eu-banking-idUSKCN0Z10GK
It will be interesting to hear if Chair Yellen mentions the vote…
$SVXY
Rolled my June 17th 50 Put out to July 15th 45 Put for 1.60 credit. A break even on the July short Put position is around 2.40.
SPX Wednesday IC closed
BTC Jun 15 2120/2110/2050/2040 IC @ 0.20, with SPX at 2083.
Sold yesterday for 0.95.
This is probably safe, but with the Fed speak today, you just never know with this crazy market. I’ll gladly accept 78% of max profit in a day. 🙂
$NUGT
Rolled out the $NUGT 97 June 17 Call to
$NUGT June 24 $101 Call for $3 credit
$UVXY $SVXY – so as…
$UVXY $SVXY – so as is normally it’s pattern, the VIX looks to have topped out and MAY be starting it’s elevator ride back down. UVXY topped out at 17 early yesterday morning. If it can’t exceed that by the end of the week, the advance is probably over. I’m glad I was as aggressive as I was selling calls. Unfortunately I didn’t liquidate any of my long stock.
At least SVXY is rising again. If it reaches 53 by Friday all my short puts for this week will expire. There was never any doubt that all the short calls I rolled into this week with strike prices in the 60’s would expire.
SPX puts closed
#SPXcampaign In pre-market, Bought to close $SPX June 16th 2025/2000 put spreads for .60. Sold for 1.75 on June 2nd. Closing early to avoid downside risk in light of Fed, VIX warning, and Friday AM settlement.
Options Bistro 