First week in a long time, but I closed or rolled everything for this week so nothing is expiring or being assigned.
Have a great weekend!
Daily Archives: Friday, July 29, 2016
#OptionExpiration
Expired
SVXY July 29th 45 Put
Assigned
SVXY July 29th 60 Call
SVXY July 29th 53 Call
Options Expiration
$NUGT $70 puts
$NUGT $95 puts
$NUGT $100 put
$NUGT $230 calls
$NUGT $250 calls
$SVXY $35 puts
$SVXY $40 puts
$SVXY $47 puts
$UVXY2 $30 calls
This was one of those easy weeks where I never had any position that ever got challenged. Love weeks like that.
Have a great weekend. #optionsexpiration
Expire
AMZN 752.50/750.0
AAPL lost a bit
FB made 130.00
WFM made 65.00
TWTR made 100.00
DG made 100.00
decent week
#optionsexpiration
Options Expiration 7/29/16
— Expiring —
FB 105,110, 112, 113, 114, 117 covered puts
NUGT 105 put
— Assignments —
UVXY2 9 put (should put me long 20 shares for 45.00 each)
BMY 76.5 puts – kept a third of my earnings trade for stock assignment
Thanks for a fun earnings week, everyone! More to come.
SVXY Expirations
Not many this week but pretty good size trades in the trading account. #OptionsExpiration
35 puts @1.03
40 puts @.49
45 puts @.49
50 puts @ .60
35 puts in my IRA @1.09
this weeks #earnings trades-so far…
this weeks #earnings trades-so far
FB-loser double long calendar
AMZN-winner, iron condor for next week, can’t get a fill yet
MBLY-winner strangle
GPRO-winner so far, naked put
XOM-winner long straddle,
BA-iron fly for August 12, break even right now
BMY-winner, double calendar
TWTR-loser, undefined, some was hedge for covered calls
ALXN-winner iron condor
Everything was around $110 or less.
AAPL-no position
Many thanks for everyone’s input on a fun week
Earnings this week
#Earnings 2 and 2 this week… ALXN and AMZN worked out. Scaling out now of BMY (small loss) & BA (small profit). Both dropped too much to hit the center of my condor and butterfly. But both are rallying now, so I’m squeezing…
BTC BMY July 29th 76.5 puts for 1.50 or better. Part of condor sold for 1.06
BTC BA July 29th 135 puts for 1.50 or better. Part of condor sold for 1.65
SVXY
STO August 12, 60 put @1.50 on 2 contracts.
Rolled August 26, 65 covered calls out to September 68 strike even.
$NUGT
BTC Aug 05 $100 put for 0.25, sold 1.74 July 22
roll Jul 29 $150/170 BeCS out to Aug 19 for $3.15 cr, hoping the swing pattern continues
$MUR sold Aug 19 25/30…
$MUR sold Aug 19 25/30 strangle for .88 with Murphy Oil at 27.50
SPX puts closed
#SPXcampaign Bought to close $SPX Aug 3rd 2125/2100 put spreads for .20. Sold for 2.24 on July 21st.
Keep on Rollin’…
#SPXcampaign Sold the following rolls to the spreads stopped immediately below this post:
Sold to Open $SPX Aug 5th 2120/2145/2200/2225 iron condors for 3.60 (1.5x position size).
Sold to Open $SPX Aug 12th 2125/2150/2195/2220 iron condors for 8.15 (1.5x position size).
I only moved one additional week out on each. Feel fairly safe about next Friday’s condor, but the following one is more aggressive (needed more premium) so may have to roll one side (hopefully not both sides!)
SPX call spreads stopped
#SPXcampaign Exited these on the last dip:
Bought to close $SPX July 29th 2170 calls for 5.00. Part of 2170/2195 spreads sold for 2.10 on July 1st.
Bought to close $SPX Aug 5th 2165/2190 call spreads for 11.80. Sold for 1.45 on July 6th.
I will be rolling these.
AMZN earnings closed
#Earnings BTC $AMZN July 29th 755/745 put spread for .18. Sold yesterday for 5.00
NUGT…another crazy day
Quick flipper:
Sold NUGT AUG 5 2016 130.0 Puts @ 3.00
Bought NUGT AUG 5 2016 130.0 Puts @ 1.70
Roll: (this is getting old)
Rolled this week’s 145 call (sold for 6.10 net so trying to keep that) into next week’s 155/165 strangle for even.
Back to work now…have a great weekend everyone!
NUGT sold Sept 19 240/250…
NUGT sold Sept 19 240/250 call spread for 1.24, put in for 1.15, go figure
SPX – taking my lumps
Taking lumps today on some SPX call spreads that I was ignoring, just thinking that I knew better than Mr. Market. Didn’t stick with discipline and now paying for it as this market continues to defy gravity.
Lesson: without sticking to discipline, you WILL have to pay the piper. Still up for the year, but hurting a bit today as I close some spreads that I should have managed earlier.
SPX calls sold
#SPXcampaign Sold to Open $SPX Aug 26th 2230/2255 call spreads for 1.45, with SPX at 2174.
BTC FB 122 Short Put…
BTC FB 122 Short Put .01 just to be safe
A TRADE:
$AMZN BTC 8/19/16 652.50 PUT
$AMZN STC 8/19/16 640.00 PUT @.20
IBB…managing winners
Looking a little weak here at the top of it’s range for last 6 months so booking these.
Bought to close IBB Aug 19 2016 260 Put @ .86 (sold for 4.00)
Bought to close IBB Sep 16 2016 250 Put @ 1.80 (sold for 4.10)
Jan NUGT call
Sold $NUGT Jan 20 2017 250 call @ 30.00
AMZN covered calls
Sold the following:
$AMZN Sep 16 825 call @ 5.00
$AMZN Sep 16 850 call @ 2.15
SPX puts closed
#SPXcampaign Forgot to cancel this order! Bought to close $SPX July 29th 2140/2115 put spreads for .15. Sold for 2.05 on July 20th.
AMZN earnings play
Bought to close weekly 700/750/750/800 iron fly @ 15.00 (sold for 40.25)
Can’t believe it worked this well. Weakness at the open allowed for a nice exit. In the trade for 16 minutes of “market open” time…LMAO . What’s that annualized? After scratching iron flies in FB and NFLX this earnings cycle, finally got something inside the expected move.
CBOE details on SPX Monday Expirations
http://ir.cboe.com/press-releases/2016/07-11-2016-193925310.aspx
GM,
GM,
Options Bistro 