Election results certified…Brexit wins…UK to leave EU.
Daily Archives: Thursday, June 23, 2016
Looks like we are on…
Looks like we are on track for the biggest one day drop since August 2011, in percentage terms, and the biggest point drop since the 2008 crash. Who knows what the next few hours overnight will bring? Will have a coupe of ITM put spreads to deal with tomorrow.
And down we go again……
And down we go again… It seems to me that London will take the longest to tabulate, and the countryside is the cause for the Leave vote leading at this time. For anyone trading futures after hours, you could make a fortune on this…
$SVXY #CoveredCalls #VXXGame – sold…
$SVXY #CoveredCalls #VXXGame – sold all these late in the day, adding to previous positions at higher prices –
SVXY JUL 1 2016 67.0 Calls @ 0.70
SVXY JUL 8 2016 67.0 Calls @ 1.10
SVXY JUL 15 2016 67.0 Calls @ 1.50
SVXY JUL 22 2016 67.0 Call @ 1.95
SVXY JUL 29 2016 67.0 Calls @ 2.25
SVXY AUG 19 2016 70.0 Calls @ 2.50
SVXY AUG 19 2016 75.0 Calls @ 1.30
$UVXY #ShortPuts – Sold UVXY…
$UVXY #ShortPuts – Sold UVXY JUN 24 2016 9.0 Puts @ 0.35. A one day trade
Them’s some big swings
SPX rollercoaster
SPX shot up to 2120 in the first couple hours after closing, then plunged back to 2100 when the Leave vote scored better than expected in Northeast England.
$SVXY
Sold July 15th 70 Calls against long stock @ 0.80. Have a great Brexit all.
Gold futures /GC falling into the close
$NUGT doing its best to follow
IV that must be sold
#SPXcampaign #Brexit With an expected move of 38 points over the next 24 hours, you don’t want to miss out on the premium that’s available. Even though I already sold the 2025/2000 put spreads yesterday, I am also selling the 2040/2015 spreads now… 70 points OTM, 1.50 or more. You have until 4:15 ET to get a trade.
TRADES: To numerous to list….
TRADES: I’m flat before Brexit.
BTC $UVXY 6/24/16 16.5, 17.0, 18.5 CALLS
BTC $UVXY 7/1/16 16.5, 18.0 CALLS Had a good day since $UVXY was down big at the open.
Joining the IBF party
#IronButterfly I can’t be left out, so I sold a 2100-centered iron butterfly for tomorrow. To be different, mine is 15-wide, risking 2.00 to make 13.00.
Sold to Open $SPX 2085/2100/2115 iron butterfly for 13.00.
Closing ILMN
Bought to close $ILMN Jul 15 120 puts @ .20. Sold for 1.10 on 6/16. I’ve been looking for things to take off profitably before the end of the day. A big move up in the stock today helped me take about 80% of the max profit off the table in a week. I’ll call this lucky but I’ll take good luck any time.
Off topic…just had to laugh!
Rolling up to a stop light this morning…looks like a fan club forming in Missouri!
SVXY covered calls
Sold $SVXY Jul 22 (weekly) 65 call @ 2.31. Continuing to slowly sell calls against my long position as SVXY moves up.
Closing SWKS
Bought to close $SWKS Aug 19 50 puts @ .35. Sold for 1.40 on 5/13. Taking 75% of the available profit 2 months early.
$UVXY sold June 24 10.50…
$UVXY sold June 24 10.50 put for .72
$TSLA STO July 15 180/190…
$TSLA STO July 15 180/190 BUPS
$SVXY sold June 24 49…
$SVXY sold June 24 49 put for 1.00
SPX puts closed
#SPXcampaign Bought to close $SPX June 24th 1975/1950 put spreads for .20. Sold for 1.50 on May 31st. I actually would have canceled this order and let these expire had I remembered this order to close was still working.
STO SPX IBF 2110/2100/2100/2090 9.10…
STO SPX IBF 2110/2100/2100/2090 9.10 Cr This Friday
Options Bistro 