$SVXY $UVXY #ShortCalls #ShortPuts #VXXGame…

$SVXY $UVXY #ShortCalls #ShortPuts #VXXGame – Brexit is great for the #VXXGame. The shorter term Options should collapse once the vote is in.

Sold UVXY JUL 8 2016 30.0 Calls @ 0.66
Sold UVXY JUL 15 2016 32.0 Calls @ 0.67
Sold UVXY JUL 22 2016 30.0 Calls @ 0.92
Sold UVXY JUL 29 2016 30.0 Calls @ 0.97
Sold UVXY AUG 19 2016 34.0 Calls @ 1.31

Sold UVXY JUN 24 2016 9.5 Puts @ 0.21 – these expire on Friday
Sold UVXY JUN 24 2016 20.0 Calls @ 0.29 – these expire on Friday

Sold SVXY JUN 24 2016 40.0 Puts @ 0.40 – these expire on Friday
Sold SVXY JUN 24 2016 43.0 Puts @ 0.75 – these expire on Friday

Sold SVXY AUG 19 2016 70.0 Calls @ 2.10
Sold SVXY AUG 19 2016 75.0 Calls @ 1.10
Sold SVXY AUG 19 2016 30.0 Puts @ 1.05

#Brexit odds The latest betting…

#Brexit odds
The latest betting line overall, by geography, and various proposition bets for anyone who’s interested: https://sports.ladbrokes.com/en-gb/betting/politics/british/eu-referendum/uk-european-referendum/220800266/

Remain has stayed consistent, holding at 74%.

UVXY calls

Sold $UVXY Jul 29 30 calls @ 1.05. Highest strike.

$BIS

Got call after 5 PM from Fidelity. I have to cover short position before 4 PM. I got short by selling call spread and getting exercised (called shares). With no shares available to borrow I need to buy to cover. I missed the morning low, no watching for further dip.

$VIX on the move

Now above $20

$SPX sold a June 24…

$SPX sold a June 24 2020/2010 BuPS for 1.15

Put spread I sold now…

Put spread I sold now going for 2.60. Take it, or drop to lower strikes. I am adding.

#TheTradingLife I made my last…

#TheTradingLife
I made my last trade from here. Manzanita, OR
Manzanita

#trading

Pure Brexit trade on FXE

Idea from TastyTrade/Dough.
Sold $FXE Jul 15 110 put/110.50 call strangles @ 2.51 credit.
Breakevens of 107.49 and 113.01 are outside of the range for the last 3 months.

$TSLA STO July 15 180/170…

$TSLA STO July 15 180/170 BuPS for 1.00

Closing some of this week’s NUGT

Taking off my closer to the money positions for this week at a profit, before the vote tomorrow.
Bought to close $NUGT Jun 24 125 call @ .75. Sold for 3.00 on 5/26.
Bought to close $NUGT Jun 24 130 calls @ .40. Sold for 1.20 on 6/1.

SPX condor completed

#SPXcampaign Sold to Open $SPX June 24th 2025/2000 put spreads for 1.90. Incredible premium for a 2-day trade. Completed a condor with calls sold a few minutes earlier.

$SPX closed a June 24…

$SPX closed a June 24 2070/2080/2080/2090 gamble for a loss of $50, clearing the way for others in this trade to profit on a correction tomorrow, taking one for the team.

SVXY

Earlier today I sold 2 contracts of the August 33 puts @1.15

SPX same-week calls

#SPXcampaign Sold to Open $SPX June 24th 2135/2160 call spreads for 1.35, with SPX at 2099. Expire in two days. I don’t believe a Remain vote for Brexit will drive the market this high this fast, but I can roll if it does.

TSLA broken wing butterfly

Took an idea from Dough/TastyTrade for this.
STO Aug 19 185/195/200 put butterfly for 1.60 credit.
Max possible loss 3.40 if closes below 188.40. Max possible profit 6.60.
Roughly risking 1 to make 2.

FDX earnings adjust

#Earnings Bought to close $FDX June 24th 165 calls for .20. Sold as part of condor yesterday for 3.50. This leaves me with only the put spread, meaning a rally above 162.5 by Friday gets me out of the condor for free. Max profit now 3.30, unless I’m able to sell the 170 call on a strong rally, then I get more.

Morning events: Yellen speaks to…

Morning events: Yellen speaks to House at 10ET. Crude oil inventories at 10:30.

SPX weekly call spread

STO Jun 24 2130/2140 call spread for 1.05.

$NUGT #ShortStrangles – missed one…

$NUGT #ShortStrangles – missed one from yesterday.
Sold 1 NUGT Jul 1 2016 175.0 Call / Sold 1 NUGT Jul 1 2016 70.0 Put @ 3.10 total Credit