$UVXY #CoveredCalls #VXXGame – two fills
Sold UVXY Jul 22 2016 12.0 Calls @ 0.15
Sold UVXY Aug 19 2016 18.0 Calls @ 0.28
Daily Archives: Monday, July 11, 2016
#Markets – http://www.zerohedge.com/news/2016-07-11/greed-and-fear-index-soars-highest-2014
#Markets – http://www.zerohedge.com/news/2016-07-11/greed-and-fear-index-soars-highest-2014
NUGT
STO one contract of the August 19, 150 puts @20.70
$UVXY #ShortCalls #ClassicVXXGame – Bought…
$UVXY #ShortCalls #ClassicVXXGame – Bought to close 1 UVXY Jan 19 2018 115.0 Call @ 0.80.
I sold this at 3.60 less than a month ago and it still has 557 days to go until expiration.
SVXY
STO August 19,
45 put @ 1.55
50 put @ 2.55
August 26, 45 put @1.80
NUGT put
#ContangoETFs Adding more to put side as it balances my deltas and gives me a margin credit.
STO NUGT Aug 12th 135 put for 12.60
$NUGT
STO July 22 $250 call @ $1.50, adding to position
Putting a little back to work after last weeks expiration.
SPX stopped out
$SPXcampaign Buy to close Aug 5th 2180/2200 call spreads for $3.05 sold. Sold Jul 8 for 1.25, put side of this iron condor safe, for now, using Jeff’s play book on this one will roll later.
SPX calls sold
#SPXcampaign Sold to Open $SPX Aug 12th 2200/2225 cal spreads for 1.75, with SPX at 2136.
Two Squeeze trades closed: NVDA & GME
Closed NVDA 160722C47.5 for a $3.60 Bought on Thu for $1.98
Closed GME 160729C26 for $2.65 Bought on Fri for $1.58
Nice profit to start the week…..:-)
SPX calls stopped
#SPXcampaign Bought to close $SPX July 29th 2150/2175 call spreads for 8.00. Sold for 5.75 on May 24th. I will be selling rolls on this and others in the coming days.
SOME TRADES: Ditched my $UVXY,…
SOME TRADES: Ditched my $UVXY, $DUST Short calls before the reverse splits, 7/25/16
$UVXY BTC 7/15/16 10.0 CALLS @.05
$UVXY BTC 7/15/16 11.0 CALLS @.03
$UVXY BTC 7/15/16 11.5 CALLS @.04
$DUST BTC 7/15/16 7.0 CALLS @,06
Garnered Approximately 90% of the premiums.
SPX puts sold
#SPXcampaign Sold to Open $SPX Aug 12th 2010/1985 puts for 1.25, with SPX at 2138.
Closing CMG put
Bought to close $CMG Jul 15 390 put @ 1.25. Sold for 4.50 on 6/8.
Reduces my exposure. Still short the 400 for this week.
SPX chart updated… getting pretty…
SPX chart updated… getting pretty hairy on the upside.
This week is $SPX op…
This week is $SPX op ex on Friday and we start earnings reports today…thought we just finished?!
Trade safely…
Bistro VIX Indicator: Upside Warning fired
#VIXIndicator An UPSIDE WARNNG fired on Friday, with three consecutive closes below the Fib 78.6% retracement line (from the recent VIX low of April 20 to high of June 27th). Watch for more upside and new all-time highs in SPX before things slow down or reverse.
We are now also establishing new VIX lows by which to measure the next correction. Friday’s low was 13.19, with a close of 13.20.
Monday’s levels that would reverse course and fire new Downside signals are 16.50 (25% above the 2-day closing low), and 19.79 (50% above July 8th low).
Good morning
Another up day in the market. When will Gartman turn bullish?
Options Bistro 