$NUGT BTC Aug 12 $175 call for $2.50, sold earlier today $4.50, I know coulda, woulda, shoulda waited for better price. I made a decent profit, eh.
Daily Archives: Thursday, August 11, 2016
NVDA 4 #earnings trades on…
NVDA 4 earnings trades on NVDA over at TT, 2 bullish and a neutral strangle. Aug. 19 55/65 strangle for 1.78, Aug. 12, 56/51 BuPS for .75, Aug. 19, 55/46 BuPS, and an Aug 12 jade lizard, short 62 call and 57 put, long 63 call for 1.46. NVDA is approaching 60.
Not sure what to try yet.
Iron Condor in GOOGL
STO Sep 23 GOOGL 787.5/777.5 BuPS and 830/840 BeCS for $5.00
This is a 1:1 risk/reward trade. So basically it becomes a binary trade. I either win or lose.
NUGT inversion experiment update
What started out as a strangle with the short call getting killed this thing still has a chance. Went further inverted today. Position was next week’s 165/155 inverted strangle @ 21.70 credit. Rolled the 165 put up to 180 put for another 7.00 credit.
Position is now 180/155 inverted @ 28.70. As long as the credit received is more than the inverted width it will make money. Goal is to still have the stock price be inside the strangle at expiration. Pay the width of the strangle for the position to go away and keep the difference. If nothing else it has a lot better chance than if I would’ve let the original 100 put (or whatever it was…don’t remeber) just sit there.
$NUGT
STO $NUGT Aug 26 $250 calls @ $1.50
STO $NUGT Aug 26 $120 put @ $1.25
STO $NUGT Sep 2 $110 put @ $1.50
STO $NUGT Sep 2 $120 put @ $2.50
I will see how high $NUGT wants to go on this run before I look to sell Sep 2 Calls to pair off the puts.
NUGT…this week’s strangle
Was sitting on a 155/170 strangle for this week. 155 put almost worthless so reverse rolling the 170 call out 2 weeks to the put side.
Bought NUGT AUG 12 2016 170.0 Call @ 9.75
Sold NUGT AUG 26 2016 160.0 Put @ 9.15
Paid .60 debit but that’s ok…I’ll look to sell the call side at some point…or maybe not at all and just reduce my size a little.
NUGT strangle
Sold $NUGT Aug 19 142/210 strangles @ 4.00
$NUGT BTC Aug 12 $180P…
$NUGT BTC Aug 12 $180P for $6.10, sold last Thursday for $18.20
$NUGT
STO Aug 19 $220 call @ $1.20
NUGT
STO September 16, 175 puts @25.98
NUGT
BTC August 26, 80 put @0.10, sold for 2.05 on 1 contract. no brokerage.
SPX calls sold
#SPXcampaign Sold to open $SPX Aug 31st 2210/2235 call spreads for 3.60, as a partial roll from stopped ITM spreads. We continue the grind higher, but it is slow enough that call spreads are working well, even fairly close to the money.
SVXY
STO December 85 calls @6.00
SVXY
STO December 37 puts @1.90
Options Bistro 