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)
Monthly Archives: June 2016
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
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.
Election results certified…Brexit wins…UK to…
Election results certified…Brexit wins…UK to leave EU.
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
$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
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.
Options Bistro 