$UVXY #ShortCalls #VXXGame #OptionLadder -…

$UVXY #ShortCalls #VXXGame #OptionLadder – only with this stock could the stock run against you 44% in a day and still not affect the ability to short Calls due to margin.

All are highest available strikes

Sold UVXY JUL 8 2016 30.0 Calls @ 0.88
Sold UVXY JUL 15 2016 32.0 Calls @ 1.00
Sold UVXY JUL 22 2016 30.0 Calls @ 1.27
Sold UVXY JUL 29 2016 30.0 Calls @ 1.92

$SVXY #ShortPuts – Bought to…

$SVXY #ShortPuts – Bought to close the following this afternoon to avoid assignment –
SVXY Jun 24 2016 43.0 Puts @ 0.05
SVXY Jun 24 2016 44.5 Puts @ 0.40

Heckuva day- I appreciate everyone’s…

Heckuva day- I appreciate everyone’s input

T2108

Does anyone know how low this got today and where it closed?

#fallingknife

$SVXY

Filled on a July 15th 30 Put, sold to open @ .90 after market.

Options Expiration 6/24/16

#OptionsExpiration Nail-biter of a close with short 2040’s, will sell a roll next week. With more VIX Indicator signals firing today, further drops in the market are very likely.

— Expiring —
NUGT 50 puts
SPX 2135/2160 call spreads
SPX 2025/2000 put spreads
SPX 2020/1995 put spreads
UVXY 22 call
UVXY 12 put

— Cash Settlement —
SPX 2040/2015 put spreads: looks like about 2.70 debit when 2040 puts are exercised

— Max Loss —
FDX (#Earnings) 157.50/162.50/165/170 iron condor, 1.70 loss.

#Expiration

Expired
$SVXY June 24th 71 Call
$SVXY June 24th 65 Call
Assigned
$SVXY June 24th 50 Put  Muffed this one from the get go.

Have a great weekend all. #OptionsExpiration

SPX still moving down, put spread order filled

#SPXcampaign Sold to Open $SPX July 29th 1775/1750 put spreads for 1.30. I put this order in this morning… didn’t come close to a fill all day but just filled now at 4:14 ET as S&P ticked down further after hours.

NUGT roll

#ContangoETFs BTC NUGT June 24th 99 call for 17.00. Sold for 3.50 on May 25th
STO NUGT July 22nd 130 call for 12.70.
Tried to sell a put too but no fill, so I will add it Monday.

Expiration SPX IC 2105/2110 2025/2020…

Expiration SPX IC 2105/2110 2025/2020 IC

Expiration

Out at full profit:
SPX 2140/2130 call spread
SPX 2030/2020 put spread
SPX 2020/2005 put spread
SPX 1985/1975 put spread

Took a hit:
SPX 2040/2025 put spread
SPX 2040/2030 put spread

Pretty exciting week! Glad it’s over. Crazy day today. If I didn’t already have gray hair, this one would have added a few. #OptionsExpiration

Expirations

NUGT 70 put

SVXY
35 put
36 put
37 put
43 put  ?? assigned??
45 put assigned
50 put assigned
52 put assigned

#OptionsExpiration

Breath-holding spell…

Wow…didn’t know I could hold my breath for an hour! Probably shouldn’t have and should have rolled those SPX 2040’s.
Looks like 2040 was breached and will have to take my lumps. Anyway, won’t have to worry about next week since I didn’t roll them. Will be able to sleep no matter what is in store next week.

Expiration

100% profitable:

SPX 1975/1950 put spreads
SPX 1985/1960 put spreads
SPX 2135/2160 call spreads

Thanks, Jeff

Have a great weekend everybody.

OptionsExpiration

Ugly day, but here are my expiring positions

$NUGT $70 puts
$NUGT $75 puts
$NUGT $160 calls

Closed out my (2) $SVXY $52 puts @ $7.00 to avoid assignment. Since market didn’t bounce today, looks like probably more to come on Monday so chose to wait and roll them on monday. #OptionsExpiration

Closing SVXY

To avoid assignment. Bought to close $SVXY Jun 24 44.50 puts @ .56. Sold for 1.35 on 6/13.

Escaped with my 2040’s in…

Escaped with my 2040’s in tact. Now trying to sell a call spread.

OIL…

Bought a few shares of OIL at $6.15.
The stop at $5.83

Rolling WYNN

Rolled Jun 24 96 puts (part of which is paired with short stock) down and out to Jul 29 91 puts for 1.40 credit.

UVXY following you guys sold…

UVXY following you guys sold July 8, 30 call for 1.20

Looking ugly, folks. Any bounce…

Looking ugly, folks. Any bounce is the chance to get out.

SPX Rolled 2040/2025 to next…

SPX Rolled 2040/2025 to next week for a credit of 90.

SVXY

STO July 60 calls @1.05

STO September 60 calls @2.64

I will be assigned on stock at a cost of 51 tomorrow.

#SPX-We all need something today-I…

#SPX-We all need something today-I need 2040 to hold.

$SVXY

I missed rolling my June 24th 50 Put this morning.  Looks like I will be assigned the stock so I sold the July 17th 50 Call @ 2.75.

Bistro VIX indicator Archive

Bistro VIX Indicator for Monday 6/27

DOWNSIDE WARNING FIRED June 13th

ADDITIONAL SIGNALS FIRED FRIDAY after Brexit, and we hit a new VIX high (highest since Feb 12th).

Monday’s levels that would fire additional downside signals are , and 31.25 (150% above Apr 20 low), and 32.20 (25% above Friday’s close).

The Indicator fired a downside warning on June 13th. The VIX had increased 25% within 2 days, and it crossed 18.75, which is 50% above the most recent VIX low (12.50 from April 20th). That was two signals, which equal a WARNING.

Historically, a bigger correction usually occurs after a Warning. To negate this warning, we would need new highs on the S&P (above most recent high of 2120.55, set June 8th), or the VIX closing three consecutive days below the 78.6% Fib retracement, or 15.44 (based on VIX high of 26.24 on 6/24).

#VIXIndicator

$AAPL Adding a rung to my put ladder

Sold $AAPL Sep 16 85 puts @ 1.70
I’m also short Jul 92.50 puts and Aug 87.50 puts

Adding UVXY calls

Sold $UVXY Jul 22 30 calls @ 1.00. Highest strike.

ADDED:
Sold $UVXY Jul 8 30 calls @ 1.10. Highest strike.

UVXY and NUGT fills

#VXXGame STO UVXY July 8th 25 call for 1.00
#ContangoETFs STO NUGT July 29th 175 call for 5.90 (new highest strike)

SPX same day puts

#SPXcampaign Sold to Open $SPX June 24th 2020/1995 put spreads for 1.25, with SPX at 2047. 27 points OTM with three hours left… can it hold? Having to watch my 2040/2015 spreads more closely.

NUGT: A little maneuvering in 7/1

Sold to open $NUGT Jul 1 160 calls @ 1.00
Bought to close $NUGT Jul 1 70 puts @ .20 (sold for 2.00 on 6/10)

SPX put spread

Going to the well again.
STO Jun 24 2030/2020 for 1.10 with SPX at 2053

$SPY #ironcondor August 19 189/194/216/220…

$SPY #ironcondor August 19 189/194/216/220 for 1.35

SPY scalp–going the other way

Sold $SPY Jun 24 204 puts @ .66

SPX short-term puts sold

#SPXcampaign Sold to Open $SPX June 29th (Wednesday) 1950/1925 puts spreads for 1.25-1.40. I have been scaling in, last spread order for 1.50 not filled yet.

SPX calls closed

#SPXcampaign Closed to free up margin. I think there will be a number of opportunities in following weeks to use on uncertainty of Brexit transition.
BTC $SPX June 30th 2160/2185 call spreads @ 0.15. Sold for 3.75 on June 7th as a roll, now profitable.

More UVXY

#VXXGame STO UVXY July 29th 25 call for 1.10
STO UVXY July 15th 25 call for 1.00

$SVXY rolled a June 24…

$SVXY rolled a June 24 49put that has ended up in the money to next week for a credit of 1.60

SPY scalping

Gonna try to do some decay scalping on the swings for today’s expiration.
Sold $SPY Jun 24 206 calls @ .71.

Looking to sell another put…

Looking to sell another put spread expiring today, 2020/1995, on next push down. Still short at 2040 and 2025. Ready to roll if I have to.

PCLN hit hard

PCLN is down $129.20 or 9.3% this morning.

UVXY calls

Sold $UVXY Jul 22 25 calls @ 1.00
Sold $UVXY Aug 19 34 calls @ 1.10

SVXY

In my IRA I STO:

July 15, 38 put@1.20

July 22, 35 put @1.05

July 29,  put @1.10

$SVXY

Sold July 15th 35 Put @ 0.75.

NUGT…playing it safe

I’ve been burned by this thing on huge Friday afternoon moves before so booking these just in case. A few weeks ago had a chance to close puts for a nickel but waited. They ended up in the money and trading for over 2 bucks a few hours later. Not this time!

Bought to Close NUGT JUN 24 2016 95.0 Put @ .15 (sold for 4.20)
Bought to Close NUGT JUN 24 2016 100.0 Put @ .29 (sold for 5.40)

$NUGT $UVXY $SVXY

Had a meeting with my Boss right as the market opened so didn’t always get great fills. I’m planning to be done for the day unless there is some ugliness at the close that provides some opportunities. Sold all of these this morning. Premiums really didn’t jump as high as I was expecting and dropped off pretty quick.

$NUGT Jul 1 $160 call @$1.00 adding to position
$NUGT Jul 8 $175 call @ $1.55 adding to position
$NUGT Jul 15 $175 call @ $4.00
$NUGT Jul 22 $175 call @ $4.68
$NUGT Jul 29 $175 call @ $7.00
$UVXY Jul 22 $30 calls @ $0.60
$UVXY Jul 29 $30 calls @ $0.75
$UVXY Aug 19 $34 calls @ $0.85
$SVXY Jul 8 $35 puts @ $0.45
$SVXY Jul 22 $40 put @ $1.85
$SVXY Jul 29 $35 put @ $$1.11
$SVXY Aug 19 $40 put @ $2.78
$SVXY Sep 16 $35 puts @ $2.30

#contangoetfs #vxxgame

NUGT again

Rolled my last call from this week earlier this morning. Starting a put position again for next since all other puts are expiring today. IV’s still crazy on both sides of the line of scrimmage today.

Sold NUGT JUL 1 2016 100.0 Put @ 4.67

Sold against 105 and 115 calls…looking to add a little more on a pullback.

SPX put spread

STO Jun 24 2040/2030 for 1.40.
Will watch it, but I think we’re OK for the day.

UVXY call spreads

Staying small and looking to add… #IRA

Sold UVXY AUG 19 2016 20/30 Bear call spreads @ .85

SPX calls

Whew, just got into this today. What a day for my work to be intense and no time to really look at things. Took off any stops before the open. Closed two call spreads today at great profits and freed up margin and buying power.
Also, closed the put side of our IB for today and got out for 9.50 instead of the full 10.00 that would have happened at expiration later today.

SVXY

Sold SVXY JUL 1 2016 45.0 Put @ 1.50

STO SPX 2105/2110 .50 For…

STO SPX 2105/2110 .50 For today, makes an IC 115.00 Cr

$UVXY haven’t been able to…

$UVXY haven’t been able to get an option chain on TD Ameritrade since the open

FB & UVXY

#CoveredPuts STO $FB July 15th 109 put for 1.30
#VXXGame STO $UVXY July 22nd 25 call for 1.00.

STO SPX Today 2025/2020 for…

STO SPX Today 2025/2020 for .65 Cr

Closing some SVXY covered calls

I’m closing out some covered calls I put on recently at a nice profit and will put them back on after things settle down .

Bought to close $SVXY Jul 15 60 calls @ .50. Sold for 2.10 on 6/16.
Bought to close $SVXY Jul 22 65 call @ .41. Sold for 2.31 yesterday.

Added:
Bought to close $SVXY Jul 15 65 call @ .50. Sold for 1.95 yesterday.

VIX indicator

It fired another signal today, by rising 25% above yesterday’s close. Next signal is at 25.00; the morning spike got close but it has no fallen back. It did reach a new intraday high of 24.15.

SVXY

STO December puts,

33put@3.40

34 put @3.80

SPX calls closed

#SPXcampaign I closed these this morning as it released a huge chunk of margin:
BTC $SPX July 1st 2170 2195 call spreads for .20. Sold for 1.50 on May 31st.
BTC $SPX June 30th 2160/2185 call spreads for .20. Sold for 3.90 on June 7th (as a roll)

SPX puts sold

#SPXcampaign Sold to Open $SPX July 22nd 1875/1850 put spreads for 1.50, with SPX at 2058.

SVXY

STO December 35 put @4.10

Closed SPX IBF 9.30 a…

Closed SPX IBF 9.30 a .20 loss

NUGT crazy fills

Rolled 105 call to next week 115 for even when mid price was 1.00 debit…

🙂 🙂

If you have no put…

If you have no put spreads expiring today, the 2025/2000 is still going for over 2.00. If you believe we won’t be dropping 90 points today, sell it!

TD Ameritrade

Seems to be down

Big move, maybe not yuuuge move

As I suspected, we will be opening well off the overnight lows, and right on the edge of my $SPX 2040/2015 put spreads. 2025/2000 spreads look to be in better shape. I removed all close orders for call spreads last night, otherwise they likely would have all closed in pre-market. I wanted to keep them open to offset margin stress on put spreads, and also to save money as many will now likely expire worthless. I will look to sell some deeper put spreads this morning. And some UVXY calls.

SPX IBF closed in pre-market…

SPX IBF closed in pre-market for LESS than max loss
#IronButterfly For my $SPX 2085/2100/2115 iron butterfly, I knew overnight volatility would create some wild swings, so i put in an order to close the 2100/2085 put spread for 14.00 and it filled at 3:38am ET. That’s a dollar less than I would have loss with cash settlement, so mission accomplished; $100 loss rather than $200. I recommend trying something like this for the market open when prices will be going wild.

$NUGT

my covered call expiring today looks good: Jun 24 $100 C sold $5 stock basis $108. I didn’t capture most of this outcome but I entered a week ago expecting to be called out last Friday. All in all a profitable outcome.

how do we manage the…

how do we manage the trade, SPX iron b’fly? Needs some advice from anyone.