#SPXcampaign Sold to Open $SPX Aug 18th 2040/2015 put spreads for 1.30, with SPX at 2160.
Monthly Archives: July 2016
NFLX Good Morning sold Aug….
NFLX Good Morning sold Aug. 19 82/75 put spread for 1.27
$SVXY #CoveredCalls – Sold SVXY…
$SVXY #CoveredCalls – Sold SVXY Aug 12 2016 65.0 Calls @ 1.05
$HUM #ShortPuts – Sold HUM…
$HUM #ShortPuts – Sold HUM (Weekly) Jul 22 2016 140 Puts @ 0.75.
Going back into this issue for the 2nd week in a row at this strike price
$IBM $NFLX #Earning – sold…
$IBM $NFLX #Earnings – sold these this morning into expected earnings –
IBM (Weekly) Jul 22 2016 139 Puts @ 0.20
IBM (Weekly) Jul 22 2016 141.0 Puts @ 0.25
NFLX (Weekly) Jul 22 2016 79.0 Puts @ 0.30
NFLX, quite a dump… glad…
NFLX, quite a dump… glad I got no fill on my trade.
NFLX Silly trade at the…
NFLX Silly trade at the bell, bought an 82 put and a 115 call for a debit of 76, Friday expiration. Now it’s off to Voodoo doughnuts
$NUGT
Sold both 145 put and 170 call expiring Friday for $10 and $8.60 respectively. Should be easy money, so far.
SPX calls sold
#SPXcampaign Earlier today:
Sold to Open $SPX Aug 18th 2235/2260 call spreads for 1.25, with SPX at 2165.
Sold to Open $SPX Aug 18th 2160/2185 call spreads for 12.50, with SPX at 2164. This is another part of the roll from Friday’s stopped ATM spread.
Closing $AAPL
Closing down the remaining short puts in my ladder with most of the profit earned, market near highs and earnings coming up.
Bought to close $AAPL Aug 19 87.50 puts @ .19 (sold for 1.44 on 6/17)
Bought to close $AAPL Sep 16 85 puts @ .31 (sold for 1.70 on 6/24)
NFLX trade
#Earnings ShortStrangle Going for $NFLX July 22nd 86/111 strange for 1.75, settle for 1.65-1.70. These strikes are outside the average move and the post-split moves.
SVXY
BTC July 29, 30 puts @.05
Rolled September 60 call to December 65 call for a credit of 1.10
NFLX earnings
#Earnings Here are the NFLX 5-day post-earnings moves over the last 12 quarters:
Mon 04/18/2016 AC -11.53%
Tue 01/19/2016 AC -6.64%
Wed 10/14/2015 AC -7.74%
Wed 07/15/2015 AC 12.65%
Wed 04/15/2015 AC 19.33%
Tue 01/20/2015 AC 25.41%
Wed 10/15/2014 AC -19.92%
Mon 07/21/2014 AC -6.65%
Mon 04/21/2014 AC -7.57%
Wed 01/22/2014 AC 14.23%
Mon 10/21/2013 AC -7.59%
Mon 07/22/2013 AC -5.97%
Average move: 12.1%
At the current price of 98.60, the max up move would bring it to 123.65, max down move would bring it to 73.55. Average moves would be 86.67/110.53. TOS expected move is 88.80/108.40.
SVXY
Sold to open: Small trades
August 5, 55 put @2.15
August 19, 55 put @3.30
$SVXY #CoveredCalls – Sold SVXY…
$SVXY #CoveredCalls – Sold SVXY AUG 5 2016 65.0 Calls @ 0.50
SVXY
In an IRA, STO September 45 puts @1.30
NUGT
STO September 90 put @5.60 on 1 contract.
$SVXY #CoveredCalls #OptionLadder #IRA -…
$SVXY #CoveredCalls #OptionLadder #IRA – keeping the cash flowing into a couple of IRA accounts, replacing positions that expired Friday.
Sold SVXY JUL 22 2016 59.5 Calls @ 0.65
Sold SVXY JUL 29 2016 60.0 Calls @ 1.20
Sold SVXY AUG 5 2016 60.0 Calls @ 1.95
Sold SVXY AUG 12 2016 65.0 Calls @ 0.80
Sold SVXY AUG 19 2016 65.0 Calls @ 1.10
$NUGT
Putting a small amount of money to work after last weeks expiration.
STO July 22 $200 call @ $.85
STO July 29 $230 call @ $1.10
Earnings info for options trading…
Earnings info for options trading – an excellent website for trading options at earnings checkout optionslam.com free stuff and of course premium subscription available.
This weeks companies reporting that have a possible earnings play.
All the strikes are 7/22. The first five companies had positive movement
last quarter. Last three negative. Check out Iceman’s post on Friday
for percent changes on stock movement. Check data if you decide to trade.
Symbol Strike Price Reporting Day
$GS 155 .65 Tuesday pre market
$UNH 135 .40 Tuesday pre market
$FFIV 105 .65 Wednesday After close
$NEM 39.5 .50 Wednesday After close
$URI 61.5 .40 Wednesday After close
$NUE 54.5 .43 Tuesday pre market
$WHR 160 .61 Tuesday before close
$CMG 350 2.15 Thursday After close
Expiration @ Full Profit
$NUGT 200 Call
$NUGT 125 Put
$NUGT 60 Put
$OAS 11 Call (covered)
$UVXY 16 Call (covered)
$SWN 15 Call (Covered)
$ETP 37 put
$ETE 15 Put
$ETE 12.5 Put
$TSLA 170/180 BUPS
$CMG 385/395 BUPS
$AMZN 660/670 BUPS
$AMZN 690/700 BUPS
Closed Friday to Avoid Assignment
$GILD 80/90 BUPS @ 34% profit
$UA 35/40 BUPS @ 84% profit
$TSLA 230/220 BECS @ 54% profit
Buy/Writes Assigned
$DRII @25 Basis 22.1
$TWTR @17 Basis 16.03
$WDC @45 Basis 42.35
$CNX @15 Basis 14.22
$ALNY @55 Basis 59.5
$CY@10 Basis 9.5
Complete Loss
HELD ON TOOOOOO LONG!
$SPX 2125/2100 BECS
Wiped out most of a very good expiration. Please have stops
and abide by them. Repeat 1000X
Best of trading to all next week and thanks for the great support on this site.
SVXY roll
After the close I got a confirm that I rolled July 22, 55 call out to August 26, 60 call for a credit od 0.25
SPX partial roll
#SPXcampaign I have been riding a few ATM and ITM call spreads, waiting for a pullback or to roll. I closed this one on Friday as I don’t want to get closer to expiration, when rolling becomes tougher to impossible. Sold only a third of the roll for now, waiting to see the moves next week to add more.
Bought to close $SPX July 27th 2150/2175 call spreads for 13.60. Sold as part of a condor roll for 4.40 on July 7th.
Sold to Open $SPX August 12th 2055/2080/2160/2185 condor for 13.95, as a partial roll.
#OptionsExpiration for July 15 $AAPL…
#OptionsExpiration for July 15
$AAPL 07/15/2016 92.50 puts
$CELG 07/15/2016 85.00 puts
$CMG 07/15/2016 365.00 puts
$CNX 07/15/2016 15.00 puts
$DUST 07/15/2016 33.00 calls
$ETE 07/15/2016 13.00 puts
$IBB 07/15/2016 240.00 puts
$NUGT 07/15/2016 140.00 puts
$NUGT 07/15/2016 170.00 calls
$PANW 07/15/2016 115.00 puts
$SVXY 07/15/2016 49.00 puts
$TLT 07/15/2016 140.00 calls
$TLT 07/15/2016 144.00 calls
$UVXY 07/15/2016 32.00 calls
$WYNN 07/15/2016 90.00 puts (covered by short stock)
#OptionsExpiration #Monthly #Jul15 – a…
#OptionsExpiration #Monthly #Jul15 – a big one today.
Liquidated some stock positions at nice gains, getting back some much needed cash.
A couple of Put assignments, but all on low cost issues.
— Expirations —
AAPL Jul 15 2016 100 Calls (Covered)
ADBE Jul 15 2016 105 Calls
ADBE Jul 15 2016 70 Puts
CHK Jul 15 2016 4 Puts
DUST Jul 15 2016 33 Calls (Covered)
DUST Jul 15 2016 16 Calls (Covered)
DUST Jul 15 2016 7 Calls (Covered)
ETE Jul 15 2016 13 Puts
FL Jul 15 2016 50 Puts
HUM Jul 15 2016 140 Puts
JOY Jul 15 2016 10 Puts
JOY Jul 15 2016 25 Calls
KATE Jul 15 2016 14 Puts
KMX Jul 15 2016 40 Puts
MRO Jul 15 2016 15.5 Calls (Covered)
MRO Jul 15 2016 10 Puts
MRO Jul 15 2016 8 Puts
NFLX Jul 15 2016 105 Calls
NUGT Jul 15 2016 160 Calls
NUGT Jul 15 2016 175 Calls
NUGT Jul 15 2016 220 Calls
RGR Jul 15 2016 55 Puts
RH Jul 15 2016 27 Puts
SDRL Jul 15 2016 3 Puts
SVXY Jul 15 2016 33 Puts
SVXY Jul 15 2016 42 Puts
SVXY Jul 15 2016 43 Puts
SVXY Jul 15 2016 44 Puts
SVXY Jul 15 2016 45 Puts
SVXY Jul 15 2016 46 Puts
SVXY Jul 15 2016 47 Puts
SVXY Jul 15 2016 49 Puts
SVXY Jul 15 2016 60 Calls
SVXY Jul 15 2016 62 Calls
SVXY Jul 15 2016 64 Calls
SVXY Jul 15 2016 65 Calls
SVXY Jul 15 2016 67 Calls
SVXY Jul 15 2016 70 Calls
SVXY Jul 15 2016 71 Calls
SWN Jul 15 2016 14 Calls (Covered)
UVXY Jul 15 2016 8 Calls (Covered)
UVXY Jul 15 2016 12.5 Calls (Covered)
UVXY Jul 15 2016 22 Calls (Covered)
UVXY Jul 15 2016 23 Calls (Covered)
UVXY Jul 15 2016 24 Calls (Covered)
UVXY Jul 15 2016 32 Calls (Covered)
WDC Jul 15 2016 40 Puts
— Assignments —
CNX Jul 15 2016 15 Calls (Covered)
DUST Jul 15 2016 7 Puts
GTLS Jul 15 2016 25 Calls (Covered)
JWN Jul 15 2016 40 Calls (Covered)
SDRL Jul 15 2016 5 Puts
SVXY Jul 15 2016 54 Calls (Covered)
UVXY Jul 15 2016 8 Puts
WDC Jul 15 2016 50 Calls (Covered)
OptionsExpiration
$NUGT $60 puts
$NUGT $75 puts
$NUGT $105 put
$NUGT $120 put
$NUGT $131 put
$NUGT $220 calls
$SVXY $40 puts
$SVXY $49 puts
$SVXY $51 puts
$UVXY $32 calls
Nicely profitable expiration this week. Have a great weekend everyone.
Kelly
Expirations
I know it is early but I think it is over for today. Have a good weekend, I am going to the gym.
30 puts
32 puts
33 puts
34 puts
35 puts
36 puts
37 puts
38 puts
39 puts, 40 puts, 45 puts, 47 puts, and 50 puts
#optionsexpiration
SPX puts closed
#SPXcampaign Bought to close $SPX July 22nd 2100/2075 put spreads for .20. Sold for 1.50 on Wednesday.
#earnings http://www.cboeoptionshub.com/2016/07/14/earnings-next-week-718-722/
#earnings http://www.cboeoptionshub.com/2016/07/14/earnings-next-week-718-722/
$UVXY #ShortCalls #VXXGame – Sold…
$UVXY #ShortCalls #VXXGame – Sold UVXY AUG 19 2016 26.0 Calls @ 0.15
$CMG #ShortPuts #ScalpTrade #Earnings -…
$CMG #ShortPuts #ScalpTrade #Earnings – Sold CMG JUL 22 2016 300.0 Puts @ 0.60 with the stock at 405. One week until expiration.
AMZN sold a July 29…
AMZN sold a July 29 650/640 put spread for 1.08 with Amazon at 734
$UVXY #CoveredCalls #VXXGame – Sold…
$UVXY #CoveredCalls #VXXGame – Sold UVXY Jul 29 2016 12.0 Calls @ 0.17 with the stock at 7.10
HLF didn’t work out, this time
Closed the HLF for a $0.55 loss. fastest loss on record in my case….:-)
SPX puts sold
#SPXcampaign Sold to Open $SPX July 20th 2135/2110 put spreads for 1.50, with SPX at 2156. Aggressive position expiring on Wednesday. I don’t think we will crash down today, but I am ready to roll these if things get worse.
NUGT weekly strangles
As long as IV is through the roof I’ll keep selling these weeklies.
Sold NUGT JUL 22 2016 135.0 Put @ 3.10
Adding this to the 195 call sold yesterday for 2.50
NUGT…playing it safe again
Rolled this up a couple times so closing just in case she goes lower…already closed call side of strangle.
Bought to Close NUGT JUL 15 2016 155.0 Put @ 2.10 (sold for 5.90)
SVXY
I have a lot of puts expiring today so I am selling some September puts to replace them.
STO:
36 puts@1.05
37 puts @1.20
38 puts @1.30
39 puts @ 1.40
EEM Emerging market ETF Sold…
EEM Emerging market ETF Sold Aug. 19 35/37 call spread for .92 with EEM at 35.60. I’m usually a way out of the money spread seller, giving this a try.
HLF BuPS
STO Aug 5 HLF 65/60 for $1.55 will get out if HLF drops below 65.
$SVXY #CoveredCalls #Rollup #VXXGame -…
$SVXY #CoveredCalls #Rollup #VXXGame – I rolled all the calls that I need to for this week in the first 30 minutes this morning.
I have some 54 calls that I’m going to let get assigned this week because I got over 9 points premium when I sold them. That gets me out of a block of the stock above 63. I’ll take it and move closer to cash.
Bought to close SVXY JUL 15 2016 55.0 Calls/Sold SVXY JUL 22 2016 56.5 Calls for a 0.05 Credit
Bought to close SVXY JUL 15 2016 55.5 Calls/Sold SVXY JUL 22 2016 57.0 Calls for a 0.05 Credit
Bought to close SVXY JUL 15 2016 56.0 Calls/Sold SVXY JUL 22 2016 58.0 Calls for a 0.05 Credit
Bought to close SVXY JUL 15 2016 56.5 Calls/Sold SVXY JUL 22 2016 58.5 Calls for a 0.10 Credit
I added either 1.5 or 2.0 points to the strike prices for only one more week of exposure.
HLF…blast from the past
Looks like we have a winner!
http://www.cnbc.com/id/100408608
BAC, Bank of America I…
BAC, Bank of America I bought an August 19, 14 put for .63
TOL Toll Brothers, bought an August 19, 27 put for .75
New VIX low hit intraday…
New VIX low hit intraday (12.48), lowest since August 10, 2015.
Good morning
It is option expiration day.
$SVXY #CoveredCalls #Rollup – did…
$SVXY #CoveredCalls #Rollup – did the following roll this afternoon –
Bought to close SVXY JUL 15 2016 55.0 Calls / Sold SVXY JUL 22 2016 56.0 Calls for a 0.20 credit.
Added a point to the strike price with only an extra week of time added on.
I’ll have others to roll tomorrow unless the market/stock breaks down sharply.
Doesn’t seem likely given the current momentum.
$NUGT #ShortPuts – Sold 1…
$NUGT #ShortPuts – Sold 1 NUGT Jul 29 2016 92.0 Put @ 1.15
SPX puts closed
#SPXcampaign Right after the bell, Bought to close $SPX July 29th 2035/2010 puts for .30. Sold as part of a condor-roll for 6.05 on June 30th.
Closing SWKS
Bought to close $SWKS Aug 19 52.50 puts @ .35. Sold for 1.50 on 7/5.
SPX puts sold
#SPXcampaign Was trying to bottom pick the midday pullback, but got stuck chasing it back up instead. Sold to Open $SPX July 27th 2130/2105 put spreads for 2.60. This offsets an ATM call spread for this Wednesday expiry… margin free for the Reg T accounts.
SPX Upside Warning data
I have been compiling data on the #VIXindicator. I hope to present it to everyone in a webinar soon, but since we are in an Upside Warning now, I wanted to share some points of interest.
(An Upside Warning fires when the VIX closes below the Fib 78.6% retracement for three consecutive days)
1. 33 corrections since Nov 1999, as determined by the VIX Indicator’s downside signals. These corrections average 12.5% each. Smallest was 3% and largest was 53.7% (2008-9).
2. Of those corrections, an Upside Warning fired 28 of the 33 times.
3. In 27 out of 28 times, the SPX continued higher after the Warning.
4. The average SPX bottom to top recovery was 16.4%. The average rise AFTER the Warning was 6.40%. This means that the Upside Warning captured an average of 38.9% of each recovery.
5. The average amount of time between an Upside Warning and the next SPX high is 2.5 months.
For instance, in the recovery we are now in: SPX low was 1991 on June 27, high was 2169 on July 14. That is an 8.9% recovery. The Upside Warning fired Friday, July 8, when we closed at 2120.90. Since then, we topped out at 1.83% higher, which means the warning caught 21% of the move so far.
21% is below the 38.9% average, so more upside is definitely possible. But pullbacks can and do happen during Upside Warnings. A new spike in the VIX that triggers a Downside signal would end the Upside Warning.
In summary, when an Upside Warning fires it is almost guaranteed that more upside will come, and it could last several weeks.
New VIX low notched earlier…
New VIX low notched earlier (12.72), but back up to flat now. Another day of all-time lows in VXX and UVXY.
NUGT weekly strangle
Been paying nicely each week…getting a jump start on next week. Already closed this week’s 190 call and rolled up the put side a couple times (currently 155). With the aggressive put roll I’ll start the call side for next week a little early.
Sold NUGT JUL 22 2016 195.0 Call @ 2.50
SPX calls sold
#SPXcampaign Highest calls I have ever sold, but I’ve reduced my position size for now. I will use a 3.00 stop on this one.
Sold to Open $SPX Aug 12th 2235/2260 call spreads for 1.30
CF closed the short Aug….
CF closed the short Aug. 19 25 put part of a 25/30 BuPS falling knife Iceman rec. made half, closing early has been working well for me. Still short a November 22.50 put, along with keeping the long August and currently worthless 30 put.
FXI China large cap ETF…
FXI China large cap ETF bought an Aug. 19 35.50 put for .98. It looks to this untrained eye that it’s at the top of the roller coaster about to head down.
ALK Alaska Airlines sold Aug 65/70 Call spread for 1.25 with ALK at 63.70, a little risky
SPX….still on the fence about trading this regularly
I’ve been messing with SPX off and on for a year or so mainly with 60-90 day positions well out of the money. Making a little here and there but can’t decide if it’s worth the effort for the return I’m getting…especially with these seemingly impossible crazy moves we’ve gotten. Taking a step back for now…
Bought to Close SPX SEP 30 2016 2225/2250 Bear call spread @ 6.90 (sold for 2.25)
Bought to Close SPX OCT 31 2016 2250/2275 Bear call spread @ 6.30 (sold for 2.50)
Net loss on these 2 positions of 8.45. Only other position is twice as many Aug 31 1900/1775 put spreads where I’ve been rolling up the short side. Net credit on those is 4.30 at twice the size of the calls so bringing in 8.60. This was my intended stop point…when the call losses equaled the max possible put gains I would close. Risking a whipsaw here but could reload the calls if needed. I’d prefer the puts expire and walk away with a wash though…we’ll see!
QIHU Calls
QIHU had good earnings this morning and it gapped up $3.00; it hasn’t moved much since.
According to the Dynamic Indicator it shows a major bullish bias since all time frames are green and in sync, so I decided to buy some Calls.
I bought the Jul 29 77 Calls for $0.05…with a IV of 1.9%
Maybe the MM don’t expect QIHU to move any higher, but these options still have 15 DTE, a blip up and they should be worth more than 5cts.
What am I missing?
SVXY closing puts
These were part of a short call reverse roll from awhile back so happy to have any profit. Taking them off now with VIX in the dump without much of an SVXY pop….things that make you go hmmm…LOL In an #IRA so freeing up lots of cash as well.
Bought to Close SVXY JUL 15 2016 55.0 Puts @ .25 (sold for .90 reverse roll)
$NUGT
With the market being strong, I’m just not digging how gold is trading. I took off my covered call this morning after $NUGT rebounded.
STC $NUGT @ $152 (bought for $152)
BTC $NUGT July 29 $155 calls @ $15.16 (sold yesterday for $20)
All in, made a little over $900 in about 10 day’s. I’ll take it.
SPX, a stop and a close
#SPXcampaign Bought to close $SPX Aug 5th 2165/2190 call spreads for 12.10. Sold for 1.45 on July 6th. (ouch)
Bought to close $SPX Aug 5th 1975/1950 put spreads for .30. Sold as part of condor-roll for 7.40 on July 1.
GT Bought an Aug. 19…
GT Bought an Aug. 19 27 put for 1.20 with Goodyear at 26.81
NUGT call closed
#ContangoETFs Taking profits early since it was hogging margin. NUGT has actually been manageable for last week or so. When will the next mega-move happen?
BTC NUGT Aug 5th 205 call for 5.40. Sold for 15.00 on July 6th.
IBB…playing it safe
Not holding out for the last nickel since it’s looking a little weak. Might even get a chance to reload today or tomorrow. In an #IRA so freeing up lots and lots of cash.
Bought to Close IBB JUL 15 2016 260.0 Puts @ .20 (sold for 3.20)
Hey, No Pressure
#SPXcampaign Having to close a few spreads to manage margin pressure and the sheer insanity of this move. As a group of traders I know are calling it, the B.S.C. market. A nocturnal blind flying mammal defecating in its lunacy.
Bought to close $SPX Aug 26th 2180/2200 call spreads for 9.35. Sold Tuesday for 7.30.
Bought to close $SPX Aug 12th 2200/2225 call spreads for 5.90. Sold for 1.75 on Monday.
Bought to close $SPX July 27th 2025/2000 put spreads for .30. Sold as part of a condor-roll for 4.40 on July 7th (don’t ask about the call side)
And if you’re feeling the pressure like me, sit back and watch the visual lyrics… https://www.youtube.com/watch?v=W9L0IUG8gKQ
SPX puts closed
#SPXcampaign In pre-market, Bought to close $SPX Aug 5th 1940/1915 put spreads for .20. Sold for 1.40 on July 5th.
Good morning
We need Gartman to get really bullish so we can get a correction.
#Earnings Idea $VMW Report after…
#Earnings Idea
$VMW Report after bell 7/18.
Last eight quarterly earnings reports exceeded expectations by a tad.
However stock stayed or gained on half these reports.
Stock currently slightly above 50 DMA on daily chart.
I’m looking at 7/22 57 put at $1.24.
Anyone have experience with $VMW performance.
SVXY
STO
July 29, 40 put @.30
August 5, 40 put @.46
August 12 put @.60
August 38 put @.72
January 85 call @1.50
100% in Cash Now.
This week I closed all my remaining positions including the Long options on NVDA, GME and FB and the Broken wing butterfly on TSLA. All positions were closed for profit. A very good week.
Now I will wait for the market to decide what it wants to do during earnings.
NUGT Sold 235/250 call spread…
NUGT Sold 235/250 call spread for 1.30
SPX I would just like…
SPX I would just like to say that immediately after I sold a put spread, SPX went down a couple points, I’m doing my part
NUGT call sold
#ContangoETFs STO NUGT Aug 19th 250 call for 7.00
SPX puts closed
#SPXcampaign Bought to close SPX July 27th 2000/1975 puts for .20. Sold as part of a condor-roll for 4.40 on July 7th.
Bought to close $SPX July 29th 1975/1950 puts for .20. Sold for 1.30 on July 1st.
Options Bistro 