$MYL #CoveredCalls – Sold MYL Oct 14 2016 45.0 Calls @ 0.53 against stock that was put to me last week.
$WFM #ShortPuts #FallingKnife – Sold WFM Oct 21 2016 28.0 Puts @ 0.38
$MRO #CoveredCalls – Sold MRO OCT 21 2016 19.0 Calls @ 0.21
Daily Archives: Thursday, September 8, 2016
$TWLO
Sold Sept 16th 55 Put @ 1.35. Considered a covered call but elected to go the short side first.
Jeff what you think about…
Jeff what you think about this earning: Sell 9 SEP 16 35/40 RH CALL @1.70 earnings play – this is a bet that the stock moves sidways to down after its earnings report today
$SVXY #ShortCalls – margin pressure…
$SVXY #ShortCalls – margin pressure forced me into the following roll on 2/3 of my position.
Bought to close SVXY Sep 16 2016 70.0 Calls / Sold SVXY Jan 19 2018 115.0 Calls @ 2.45 credit.
TLT adding
#LongCalls Only trade today was adding to these positions:
BTO $TLT Sept 23rd 138 call for 1.40 Position cost basis 1.79.
BTO $TLT Oct 21st 140 call for 1.40. Position cost basis 1.69.
DG DG should change its…
DG
DG should change its dicker to DOG
UVXY
BTC UVXY Sep23’16 35 CALL @ 0.16, sold for 1.15 on 8/18/16. I closed this a little early, expecting/hoping for some additional weakness in the market due to seasonality and the upcoming Fed meeting.
NKE earnings on Sep 27
Putting on a trade way out of my comfort zone but seems reasonable. Goal is to take advantage of IV increase into earnings while offsetting time decay.
Bought to open Sep 30 54.5/58.0 strangle
Sold to open Sep 23 54.5/58 strangle
Plug this into TOS and give it a 14 percent volatility increase into earnings week. Pretty wide breakeven/profit window. If IV increases by more than 14 percent window becomes wider…
$APA #CoveredCalls Sold $APA Oct…
$APA #CoveredCalls
Sold $APA Oct 21 62.50 calls @ 1.44
$NUGT
Option premiums have really dried up since the split. Given how much this thing can move in 3 or 4 days, I’m just not likely to be entering new options positions. Will probably only look to enter positions when it gets to an extreme.
RH earnings
Possibly…still watching for now. 3 wide iron fly @ 2.25. Risk 75 to make 225…
SPX call spreads sold
STO SPX Sept 9 2195/2200 @ .25, expires tomorrow.
AAPL STO oct 16 put 105 for $2.35
$SVXY #ShortCalls #Rollup – Another…
$SVXY #ShortCalls #Rollup – Another rollup in a managed account –
Bought to close SVXY Sep 9 2016 70.5 Calls / Sold SVXY Oct 14 2016 74.0 Calls @ 0.40 credit.
$SVXY #ShortCalls #Rollup – Small…
$SVXY #ShortCalls #Rollup – Small trade in a managed account –
Bought to close SVXY Sep 16 2016 60.0 Calls / Sold SVXY Dec 16 2016 65.0 Calls @ 0.45 credit.
Debit Spread on WMB
BTO Oct 21st WMB 30/33 BuCS for $0.90
(F) FORD Lowers 2016 pre-tax Profit Forecast
GOOGL to Buy Software Developer
AAPL Drags Down Wall Street
Trades
$SIMO STO 10/21 55 put @2.60
$STX STO 9/23 35 put @.72
SPX iron condor
STO Sep 16 2220/2210/2110/2000 @ 0.75
Moved!
We are in our new house in North Portland… buried in boxes and unplaced furniture, but we are here!
$SVXY #ShortCalls – margin pressure…
$SVXY #ShortCalls – margin pressure forced me into the following roll –
Bought to close SVXY Sep 16 2016 60.0 Calls / Sold SVXY Jan 19 2018 90.0 Calls @ 0.40 credit.
WYNN Closed Oct. 65/75 put…
WYNN
Closed Oct. 65/75 put spread collected 60%. Thanks to Iceman for pointing out the falling knife.
Options Bistro 