$UVXY 30.0 CALLS
$UVXY 28.50 CALLS
$UVXY 31.5 CALLS
$UVXY 30.5 CALLS
$UVXY 25.5 CALLS
$UVXY 25.0 CALLS
$WLL 9.0 CALLS
Have a great weekend everyone.
Daily Archives: Friday, August 5, 2016
Options Expiration 8/5/16
#OptionsExpiration
–Expiring–
$NUGT 120 put
$SPX 2145/2120 put spreads
$SPX 2125/2100 put spreads
Also, at the close, STO NUGT Sept 2nd 105 put for 3.10.
Options Expiration
$NUGT $90 puts
$NUGT $100 put
$NUGT $110 put
$NUGT $200 calls
$NUGT $205 calls
$SVXY $42 puts
$SVXY $45 puts
$SVXY $50 puts
$UVXY $31.5 calls
$UVXY $34 calls
My overall $NUGT exposure keeps dropping every week. Not the right time to be selling many puts or calls so just keep having more positions expire than new positions being opened. Premium in way OOTM options isn’t that great right now and the margin requirements are huge on this thing. Would much rather trade $UVXY and $SVXY when the opportunities arise. #OptionsExpiration
#OptionsExpiration #Weeklys #Aug05 – not…
#OptionsExpiration #Weeklys #Aug05 – not a bad week. True to form $SVXY soared on expiration day, making rollups more difficult and less profitable. $NUGT finally fell back from a new yearly high.
No assignments this week.
— Expirations —
CBS (Weekly) Aug 5 2016 50 Puts
NUGT (Weekly) Aug 5 2016 85 Puts
NUGT (Weekly) Aug 5 2016 185 Calls
NUGT (Weekly) Aug 5 2016 190 Calls
NUGT (Weekly) Aug 5 2016 200 Calls
SVXY (Weekly) Aug 5 2016 40 Puts
SVXY (Weekly) Aug 5 2016 56 Puts
SVXY (Weekly) Aug 5 2016 57 Puts
SVXY (Weekly) Aug 5 2016 57.5 Puts
UVXY (Weekly) Aug 5 2016 31.5 Calls (Covered)
UVXY (Weekly) Aug 5 2016 32 Calls (Covered)
UVXY (Weekly) Aug 5 2016 33 Calls (Covered)
UVXY (Weekly) Aug 5 2016 34 Calls (Covered)
UVXY (Weekly) Aug 5 2016 37 Calls (Covered)
UVXY (Weekly) Aug 5 2016 37.5 Calls (Covered)
UVXY (Weekly) Aug 5 2016 38 Calls (Covered)
UVXY(ns)(Weekly) Aug 5 2016 24 Calls
UVXY(ns)(Weekly) Aug 5 2016 16 Calls
TRADES:
$UVXY BTC 8/5/16 28.0 PUT @6.10 STO @3.28 Tired of rolling it out for now, maybe next week.
$UVXY STO 8/12/16 21.0 PUT @ .86 An experiment to incrementally get back monies lost on above trade. We’ll see.
Expirations, I know I am early but it is boring and I am going to the gym.
ADBE Squeeze Play
BTO Sep 16 ADBE 97.5 Calls at $3.25
SPX call spread Aug. 31…
SPX call spread Aug. 31 2225/2235 for 1.00
$SVXY $FEYE
Well its been an odd week with a few miss steps along the way. On Monday we are moving our daughter to Tallahassee to start Grad school at FSU. So things are shall we say distracting. I did roll out and up my $SVXY Aug 5th 65 Calls to Aug 26th 67 Calls for 0.65 credit. Thanks Option Iceman for the reminder. I didn’t get my Aug 19th 16 Put closed on $FEYE before earnings. My Bad. I will roll it as need be. So I have no expiries to report this Friday. Have a great weekend all.
VXX…destiny
http://sixfigureinvesting.com/2013/08/next-vxx-reverse-split/
$NUGT
STO Aug 26 $100 put @ $1.65
Only trade I’ve made today.
PCLN For you gamblers, you…
PCLN For you gamblers, you can probably get a 1435/1445 Aug. 5 call spread for 1.20 or so with PCLN at 1427
SVXY Call spreads Sept 16,…
SVXY Call spreads Sept 16, 80/85 at 1.10
SVXY
STO December 85 calls @5.30
New VIX 52-week low was…
New VIX 52-week low was just hit
$SVXY #CoveredCalls #Rollup – another…
$SVXY #CoveredCalls #Rollup – another rollup I didn’t think I would have to make.
Bought to close SVXY Aug 5 2016 68.0 Calls @ 1.98 with the stock at 69.92
Sold SVXY Sep 9 2016 70.5 Calls @ 4.84.
At least this new strike price is above the YTD high of 70.15 reached this morning.
SPX put spreads closed
#SPXcampaign
Bought to close Aug 19 2040/2015 put spreads @ .20 sold on July 21 @ 1.30.
Time to open more spreads. Have one IC left – Aug 26 2040/2015 put @ 1.40 by 2230/2250 call @ 1.50 going to have to watch the call side with new high at 2180.27.
Thanks, Jeff
$SVXY #CoveredCalls #Rollup – another…
$SVXY #CoveredCalls #Rollup – another rollup I didn’t think I would have to make.
Bought to close SVXY Aug 5 2016 67.0 Calls @ 2.98 with the stock at 69.93
Sold SVXY Aug 26 2016 69 Calls @ 4.22.
Earned all the time premium on the 67.0 calls, Raised the strike price 2 Points, and brought in 1.24 credit to pad my cash balance.
It’s all good as long as the stock keeps rising.
$NUGT
Seems to want to stabilize around $155, but Gold is still steadily dropping, I suspect at some point here $NUGT will take another leg down.
Highs and Lows
New all-time $SPX high
New 52-week $RUT high
All time lows in $VXX and $UVXY
Today’s low so far .05 above 52-week low in $VIX
$NUGT #ShortCalls – getting out…
$NUGT #ShortCalls – getting out ahead of the spilt
Bought to close 1 NUGT JAN 20 2017 105.0 Call @ 70.00
Bought to close 1 NUGT SEP 16 2016 185.0 Call @ 14.80 – may have made a few pennies profit on this one
PCLN…can’t win ’em all (unfortunately)
Yesterday:
Sold weekly PCLN 1305/1355/1355/1405 iron fly @ 42.00. Risking 8 to make 42
Obviously stock blasted through the entire call side so by the close today that side would be at full 50 loss unless there is a massive pullback. At the open today my goal was to close that side for anything less than 50. Anything less than 50 would reduce max loss by that amount. Managed to close the call side for 48.50, reducing max loss down to 6.50. Then, sold a weekly 1405 put for 2.00. Watching that now…if it expires max loss would then be reduced to 4.50. Not bad for an awful trade. Combined with all the other earnings plays so far it’s been a banner earnings season.
I’m now a PCLN bull for the day! LOL
NUGT
STO October 21, 90 puts @7.70
SPX trades
#SPXcampaign
In pre-market, Bought to close Aug 12th 2080/2055 put spreads for .20. Sold as part of a condor-roll on July 15th.
Bought to close $SPX Aug 18th 2040/2015 put spreads for .20. Sold for 1.30 on July 19th.
Sold to Open $SPX Sept 2nd 2225/2250 call spreads for 1.60. I sold this spread on Monday as well… wanted to use the 2230 short for my second spread, but since I could only get about 1.10, I just doubled up on the 2225.
$NUGT – nice pullback
$NUGT – nice pullback
Options Bistro 