Option Iceman 1:44 pm on Friday, June 17, 2016

#Options expiration- a big one today

— Expirations —
AAPL Jun 17 2016 100 Calls
CNX Jun 17 2016 15 Calls
CF Jun 17 2016 25 Puts
DUST Jun 17 2016 13 Calls
DUST Jun 17 2016 20 Calls
DUST Jun 17 2016 22 Calls
ESV Jun 17 2016 10 Puts
JWN Jun 17 2016 35 Puts
JWN Jun 17 2016 40 Calls
M Jun 17 2016 28 Puts
MOS Jun 17 2016 22.5 Puts
NRG Jun 17 2016 9 Puts

NUGT Jun 17 2016 40 Puts
NUGT Jun 17 2016 46 Puts
NUGT Jun 17 2016 52 Puts
NUGT Jun 17 2016 53 Puts
NUGT Jun 17 2016 54 Puts
NUGT Jun 17 2016 55 Puts
NUGT Jun 17 2016 74 Puts
NUGT Jun 17 2016 75 Puts
NUGT Jun 17 2016 76 Puts
NUGT Jun 17 2016 78 Puts
NUGT Jun 17 2016 79 Puts
NUGT Jun 17 2016 80 Puts
NUGT Jun 17 2016 81 Puts
NUGT Jun 17 2016 82 Puts
NUGT Jun 17 2016 83 Puts
NUGT Jun 17 2016 84 Puts
NUGT Jun 17 2016 85 Puts

NUGT Jun 17 2016 120 Calls
NUGT Jun 17 2016 125 Calls
NUGT Jun 17 2016 130 Calls
NUGT Jun 17 2016 155 Calls

SVXY Jun 17 2016 20 Puts
SVXY Jun 17 2016 23 Puts
SVXY Jun 17 2016 35 Puts
SVXY Jun 17 2016 42 Puts
SVXY Jun 17 2016 43 Puts
SVXY Jun 17 2016 44 Puts
SVXY Jun 17 2016 44.5 Puts
SVXY Jun 17 2016 45 Puts
SVXY Jun 17 2016 46 Puts
SVXY Jun 17 2016 49 Puts

SVXY Jun 17 2016 60 Calls
SVXY Jun 17 2016 61 Calls
SVXY Jun 17 2016 62 Calls
SVXY Jun 17 2016 63 Calls
SVXY Jun 17 2016 65 Calls

SWN Jun 17 2016 14 Calls
SWN Jun 17 2016 7 Puts
SWN Jun 17 2016 9 Puts

UVXY Jun 17 2016 18 Calls
UVXY Jun 17 2016 19 Calls
UVXY Jun 17 2016 20 Calls
UVXY Jun 17 2016 80 Calls
UVXY Jun 17 2016 85 Calls
UVXY Jun 17 2016 110 Calls

VIAB Jun 17 2016 30 Puts

— Assignments —
DUST JUN 17 2016 13.0 Puts
FEYE JUN 17 2016 15.0 Calls – covered
SVXY JUN 17 2016 53.0 Puts
SWN JUN 17 2016 13.0 Calls – covered
UVXY Jun 17 2016 20 Puts

jdietz1954 1:13 pm on Friday, June 17, 2016

#OptionExpiration for June 17th

Expiring
SVXY 62 Call
SVXY 65 Call
CSAL 25 Put
MAIN 29.73 Put
XME 24 Call

Assigned
SVXY 51 Call
XOP 35 Call

Have a great weekend all.

jdietz1954 1:11 pm on Friday, June 17, 2016

$SVXY

Rolled June 17th 51 Call out and up to July 15th 60 Call for 1.10 credit

jsd501 1:09 pm on Friday, June 17, 2016

Expirations

NUGT 40 puts

SVXY 40 puts

SVXY 40.5 puts

SVXY42 puts

SVXY 50 puts

Jeff 1:08 pm on Friday, June 17, 2016
Tags: OptionsExpiration ( 794 )

Options Expiration June 17, 2016

#OptionsExpiration — I am bearish moving into the remainder of the month, but especially early next week as fears about Brexit gain more steam… Yesterday’s murder in the UK actually calmed the markets, as morbid as that sounds, but as the vote draws closer I believe volatility will remain, but then possibly calm after the Thursday vote finally happens. But in any case, I will be selling both sides of SPX.

— Expiring —
FB 110 covered put
NUGT 65, 70, and 72 puts
UVXY 19 and 30 calls
SPX 1940/1915 put spreads (expired at the open)
SPXPM 2000/2020/2100/2120 iron condors (expired at the close)

Ramie 1:03 pm on Friday, June 17, 2016
Tags: OptionsExpiration ( 794 )

#OptionsExpiration for June 17 Expiring:…

#OptionsExpiration for June 17
Expiring:
$AAPL 06/17/2016 80.00 puts
$AAPL 06/17/2016 87.50 puts
$ABBV 06/17/2016 61.50 calls (covered)
$APA 06/17/2016 60.00 calls (covered)
$CELG 06/17/2016 90.00 puts
$JWN 06/17/2016 35.00 puts
$RIG 06/17/2016 8.00 puts
$NFLX 06/17/2016 110.00 calls
$NUGT 06/17/2016 157.00 calls
$SVXY 06/17/2016 60.00 calls
$SVXY 06/17/2016 65.00 calls
$SVXY 06/17/2016 35.00 puts
$SVXY 06/17/2016 44.50 puts
$TSLA 06/17/2016 85.00 puts
$X 06/17/2016 13.00 puts

Assignments:
$LNKD 06/17/2016 140.00 calls—stock being called away

Have a great weekend everyone.

Jeff 12:59 pm on Friday, June 17, 2016
Tags: VXXGame ( 769 )

UVXY puts gone

#VXXGame BTC UVXY June 17th 18 put for 4.18. Sold for 1.95 on March 3.
BTC UVXY June 17th 15 put for 1.22. Sold for 1.30 on march 18th.
BTC UVXY June 17th 14 put for .22. Sold for 1.26 on April 6th

I will look to replace these next week, with calls if market is down, puts if market is up.

Ramie 12:38 pm on Friday, June 17, 2016

Selling an AMZN put

My long stock was called away at 650 in May. With the pullback, selling some July at that strike.
Sold $AMZN Jul 15 650 put @ 5.00. Delta is 16.

jsd501 12:37 pm on Friday, June 17, 2016

SVXY

STO September 35 put @2.50

I did not think I was going to have any trades today.

Ramie 12:22 pm on Friday, June 17, 2016

IBB: Adding

Adding a ladder rung (to July 260 puts).
Sold $IBB Jul 29 (weekly) 230 put @ 2.35.

Ramie 12:02 pm on Friday, June 17, 2016

SPX Iron Butterfly for next week

Idea from one of the Tasty Trade traders on the Dough feed. A total flier but I’m throwing it out there.

Sold $SPX Jun 24 Iron Butterfly–2070/2080/2090 @ 9.20
Risking 80 to make 920 (if SPX pins at 2080 next Friday)

gmb109 11:55 am on Friday, June 17, 2016
Tags: SPXcampaign ( 2,265 )

Bistro VIX Indicator – Jeff…

Bistro VIX Indicator – Jeff your information on the Vix Indicator – is that a specific Indicator you have or is it your commentary on the action of the VIX ??

#spxcampaign

Ramie 11:27 am on Friday, June 17, 2016

NUGT ITM rollout

Rolled $NUGT Jun 17 92 calls up and out to Jul 22 120 calls for 2.80 credit.

thomberg1201 11:18 am on Friday, June 17, 2016

$UVXY rolled June 17 12…

$UVXY rolled June 17 12 covered call to June 24 12 for a credit of .90, cost basis is now 9.82 for the shares

rknight52 10:04 am on Friday, June 17, 2016

SPX call spread — couldn’t help myself!!!

Hands got numb so had to push some buttons. LOL.
Call spreads work, as @Jeff stated below.
STO Jul 29 2150/2160 call spread for 2.10.
This completes an iron condor that I started yesterday with the 1840/1825 put spread for 1.10.
Yes, it is unbalanced, but I like the total risk/reward at these strikes.

Jeff 9:59 am on Friday, June 17, 2016
Tags: VXXGame ( 769 )

UVXY puts

#VXXGame BTC $UVXY June 17th 17 put for 3.01. Sold for 4.55 on 5/20. Got some more to unload but I doubt we’ll be seeing higher prices today.

Ramie 9:55 am on Friday, June 17, 2016

Selling some puts on $APPL

Strike price is below recent lows, well below the 200 day moving average and a level the stock hasn’t seen since May 2014. I will take more shares if assigned. Delta is 21.

Sold $AAPL Aug 19 87.50 puts @ 1.44

Jeff 8:52 am on Friday, June 17, 2016
Tags: SPXcampaign ( 2,265 )

SPX call spread heaven

#SPXcampaign — This is the time and environment that you can mint money in SPX call spreads. When we bounced off the February lows, many faces were ripped off (still hurts) as we flew higher… but once we got back to 2100, they have been easy to sell above 2130 and easy to take profits or allow to expire. Whenever the market decides to make new highs, we will have plenty of room to roll higher. It is rare for a market to scream higher when it is notching new highs… the pace is much more controlled.

Bought to close $SPX June 24th 2145/2170 call spreads for .20. Sold for 1.35 on May 23rd. This was sold when SPX was down around 2050. It took some heat when we hit the highs of 2016 (2120)… that heat can be tough, and your account will draw down, but stick to your rules and roll higher and longer when you need to. My stop for this was 2125, which was never hit. This week has been my most profitable in months because of the many call spreads that plummeted in value.

Ramie 8:14 am on Friday, June 17, 2016

Closing some NUGT puts

Bought to close $NUGT Jun 24 70 puts @ .75. Sold for 1.25 on 1.25 on 6/10.

Kelly 7:54 am on Friday, June 17, 2016

$NUGT $UVXY $SVXY

As I was expecting based on what was happening last friday, looks like I missed out on very good opportunities to sell options this week while I was gone. Will look for a few opportunities today to make some small trades.

tabortrader 7:44 am on Friday, June 17, 2016
Tags: SPXcampaign ( 2,265 )

SPX – BTC call spreads

#SPXcampaign – buy to close June 24 2150/2175 call spreads @ .15 sold on May 24 @ 1.30 and 1.40 in regular and IRA accounts.

thomberg1201 7:34 am on Friday, June 17, 2016

$DOW I rolled a DOW…

$DOW I rolled a DOW the stock, June 17 50 covered call to September, only way to get a credit of .75. Ex-div is June 28, I expect my shares to be called away so I picked up some more premium. My cost basis is 47. DOW is at 52.60

jsd501 7:33 am on Friday, June 17, 2016

SVXY

With the DOW and SPX down you would expect the SVXY to be down more than it is. The largest open interest is at the 50 put and then the 52 put. I think they are trying to pin it above 50 and perhaps 52.

Jeff 6:43 am on Friday, June 17, 2016
Tags: SPXcampaign ( 2,265 )

SPX put roll

#SPXcampaign Sold to open $SPX June 30th (end-of-month) 1970/1945 put spreads for 2.10. Sold 1.5x number of contracts as a roll from put spread stopped at the bottom yesterday. Hopefully I sold this at the bottom today, which would keep the universe in balance. I chose this expiration (expires on a Thursday night) because I already have a call spread for that date.