$SVXY #CoveredCalls #VXXGame – yesterday I covered about 20% of my overly large short Sep 60.0 Call position on SVXY at 0.95 and at 0.90.
Today I changed my mind and decided to re-establish the position. It occurred to me that I just added to my long stock position Friday via Put assignments, and might do so again this week if SVXY goes back down below 44.50.
Sold SVXY SEP 16 2016 60.0 Calls @ 1.55 / 1.60 / 1.65.
Not bad for a 24 hour turnaround.
$UVXY #ShortPuts #VXXGame – I was obviously way too early on my previous trades but these are better.
Sold UVXY JUL 22 2016 7.5 Puts @ 0.32
Sold UVXY JUL 15 2016 8.0 Puts @ 0.32
Sold UVXY JUL 1 2016 9.5 Puts @ 0.22 – these expire Friday unless we see a new low in UVXY
Dead cat bounce or did we already bottom?
$UVXY BTC 7/1/16 18.0 CALLS @.08, 20.0 CALLS @.05
$UVXY BTC 7/8/16 20.0 CALLS @.16, 21.0 CALLS @.12, 22.5 CALLS @.09
All of a sudden the SPX took flight…what happened?
#SPXcampaign Bought to close $SPX July 14th 2175/2200 calls for .10. Sold for 1.90 on June 13th.
STO August 19, 57 call@1.15
December 60 call @3.20
#SPXcampaign Bought to close $SPX July 22nd 2180/2205 call spreads for .15. Sold for 1.35 on June 20th.
$UVXY #ShortPuts #ScalpTrades – sold the following for this Friday’s expiration
Sold UVXY Jul 1 2016 9.5 Puts @ 0.05
Sold UVXY Jul 1 2016 10.0 Puts @ 0.11
Sold UVXY Jul 1 2016 10.5 Puts @ 0.20
If I can goose SVXY up to 45 by Friday it would be a big help
#SPXcampaign Sold to Open $SPX July 14th 2100/2125 call spreads for 1.50, with SPX at 2023. I am more comfortable being short calls than puts, even below the highs, because rolling will be easy if we continue to rally.
STO August 19, 55 call @1.50
STO September 16, 60 calls @1.35
Selling calls against the last week assignments
$VXX $SVXY $UVXY – YTD performance on Volatility stocks.
This is why we make money selling calls on all of these
BTC July 1 $40 puts for a small profit. Not trusting the market right now. Today’s bounce has anemic volume and seems to be drifting lower.
$WLL BTO STOCK @9.0
$WLL STO 7/1/16 9.0 CALLS @.45 A buy/write
$WLL STO 7/1/16 8.50 PUTS @.20
$DUST STO 7/1/16 9.50 CALLS @.25
$VIX #Brexit – an interesting read after the fact. Volatility is falling pretty hard now.
$DB Duetsche Bank Bought a July 15, 15 put for 1.35. It has been slammed, rallied a little today and seems to be heading south again.
$UVXY Sold July 8 11.50 put for .90
Based on prior experiences and losses, I am very causious about selling any call spreads after this pullback. It can comeback very forcefully. Planning to sell Call Spread if I get a decent premium above all time high’s 2140.
#Markets #FallingKnife #ShortPuts – I sold all the following yesterday. Only the UAL position was sold way too early.
Most of these are scheduled to expire Friday.
$AAL Jul 1 2016 25.5 Puts @ 0.44
$CF Jul 1 2016 23.5 Puts @ 0.56
$DUST Jul 1 2016 9.0 Puts @ 1.05
$FL Jul 15 2016 50.0 Puts @ 0.55
$IBB Jul 1 2016 235.0 Puts @ 1.30
$UAL Jul 1 2016 39.0 Puts @ 0.59
#SPXcampaign Bought to close $SPX July 8th 2175/2200 call spreads for .10. Sold for 1.65 on June 6th. Closed for margin purposes.
I just closed my last position in this name and now I’m out of it completely for the first time in about a year.
Bought to close $KOLD Aug 19 115 call @ 10.00. Sold for 55.80 as part of a rollout on 5/10. After 5 rolls (including an early assignment) my overall profit on this position was 5.59.
STO Jul 20 SPX 2090/2115 BeCS for 3.25
STO Jul 20 SPX 1930/1905 BuPS for $3.10
BTO Jul 20 SPX 2040/2045 BuCS for $2.45
#SPXcampaign Sold to Open $SPX July 22nd 2115/2140 call spreads for 1.45, with SPX at 2023.
#SPXcampaign Bought to close $SPX July 6th 1850/1825 puts spreads for .20. Sold as part of a condor-roll on 6/14 for 2.30.
SPX that is…puts out at the open today.
Yesterday STO Jul 1 1910/1900 put spread for 0.70, BTC at the open today for 0.15.
Yesterday STO Jul 1 1930/1920 put spread for 0.80, BTC at the open today for 0.30.
Total of 70% of max profit in less than a day. I love it!
We are getting a nice bounce this morning.
Options Bistro 