$SPX 10/7 2265/2240 BECS @95% profit
Daily Archives: Monday, September 26, 2016
VIX Indicator and SPX Chart updated
#VIXIndicator Today we were denied a third consecutive close below the 78.5 line on the VIX (13.05), so there is no Upside Warning.
The market may react to tonight’s debate; I lean a bit bullish in sentiment as I believe it could be sell the anticipation then relax and resume buying after it’s over. But that’s only a guess and I don’t expect to be very surprised by anything tomorrow… just ready to trade it.
If there is a negative reaction, it will likely fire a signal and put us on a correction watch again.
#Debates I’m treading really lightly…
#Debates
I’m treading really lightly here on bullish trades. Tonight’s debate (projected to be the most watched event in US television history) has the potential to show some direction in the race. Market could have a lot of downside this week depending on what happens. I’ll look to pick off some OTM #VXXGame trades tomorrow morning if there’s a big swoon down.
STO $SPX Oct 14 2035/2010…
STO $SPX Oct 14 2035/2010 put spreads @ 1.35. Reloading put side of IC 1914/19145 BTC Sep 22.
SOLD SPX 100 (Weeklys) 14…
SOLD SPX 100 (Weeklys) 14 OCT 16 2045/2020 PUT @1.35
BOT SPX 100 (Weeklys) 28…
BOT SPX 100 (Weeklys) 28 OCT 16 2270/2295 CALL @.20 CBOE sold on 9/2/2016 at 1.60
BOT SPX 100 (Weeklys) 28…
BOT SPX 100 (Weeklys) 28 OCT 16 2260/2285 CALL @.25 CBOE Sold on 9/2/2016 @2.50
Followed the brain trusts
Sold $UVXY 9/30 18 put @ 1.08
Sold $UVXY 11/18 45 call @ 1.45
Sold $UVXY 12/16 55 call @ 1.79
And
Sold $FB 9/30 18 put @ .71
Sold $TWLO 9/30 63.50 put @ 2.40
SPX calls spreads closed
#SPXcampaign Bought to close $SPX Oct 5th 2215/2240 call spreads for .20. Sold for 1.75 on Sept 12th.
Bought to close $SPX Sept 28th 2190/2215 call spreads for .20. Sold for 4.50 on Sept 9th.
$AMZN – put spread sold for IC
Completed an iron condor that I started last week. Last week sold the call spread for 1.90. Today sold the put spread for 0.55, total of 2.45 for a 5 point spread.
Oct 21 820/815/755/750 for 2.45 total.
SVXY A call from TDA,…
SVXY
A call from TDA, I can’t be short 100 shares of SVXY or any leveraged product, sure glad the market is down today, lesson learned, loss of a few hundred, could have been worse.
/ES hedge
Taking it off at about 80 percent of max profit. This was a short future against a short put sold last Thursday… I’ll be looking to sell it again on any strength.
Bought to close /ES @2142.50 (sold for 2168.75)
Bought to close /ES SEP 16 (EOM) 2170.0 Put @30.25 (sold for 12.75)
Max gain on the trade was 11 points and closed for 8.75 gain.
$SVXY
Sold Oct 21st 75 calls at 3.30 against my long stock. This is the last of my long stock in this account. I will take assignment at this level and begin the process all over again. See if I can do better this next time around.
SVXY sold Oct. 7 65…
SVXY
sold Oct. 7 65 put for 1.46
$UVXY #ShortCalls #VXXGame – Top…
$UVXY #ShortCalls #VXXGame – Top of the chain trades
Sold UVXY Oct 21 2016 55.0 Calls @ 0.36
Sold 1 UVXY Nov 4 2016 29.0 Call @ 1.64
Sold UVXY Dec 16 2016 55.0 Calls @ 1.78
Sold UVXY Jan 20 2017 60.0 Calls @ 2.33
Sold UVXY Mar 17 2017 60.0 Calls @ 3.40
SPX put spreads
#SPXcampaign Sold to Open $SPX Oct 28th 2000/1975 put spreads @ 1.35, with SPX @ 2151. Makes an Iron Condor with Oct 28 2245/2270 call spreads @ 1.50 STO on Sep 22. Thanks Jeff
Bought to Close $SPX Oct 7 2225/2250 cake spreads @ .20, STO on Sep 12 @ 1.60
$UVXY #ShortCalls #VXXGame – this…
$UVXY #ShortCalls #VXXGame – this game works until it doesn’t
Sold UVXY Sep 30 2016 26.0 Calls @ 0.14 with the stock at 18.25
UVXY STO Sept 30 $18P…
UVXY STO Sept 30 $18P for 0.96, expect IV crush after debate insecurity in market.
UVXY calls
Some Iceman recommendations:
Sold $UVXY Nov 18 45 calls @ 1.35
Sold $UVXY Dec 16 55 calls @ 1.75
I was early. Premiums are better now.
SPX weekly iron condor
STO Nov 4 2240/2230/2000/1990 for 1.85
Econ Calendar for Week of Sept 26
This is quickly accessible in the menu bar, above (top/right-of-center).
FB put sold
#CoveredPuts STO $FB Oct 14th 125 put for 1.45
SPX puts sold
#SPXcampaign Sold to Open $SPX Oct 28th 2000/1975 put spreads for 1.35, with SPX at 2151.
Options Bistro 