BTC $NUGT 12/16 50 call @ .40 Sold in July for 21.90.
BTC $TWTR $21 10/21 covered call 10.9% return for less than month
BTC $SPX 9/30 2025/2050 BUPS @ 91% profit
Daily Archives: Tuesday, September 27, 2016
NKE movement
#Earnings volatility but looking decent for our neutral trades.
VIX Indicator and SPX chart…
VIX Indicator and SPX chart updated
$UVXY #VXXGame – I guess…
$UVXY #VXXGame – I guess all of yesterday’s call sales were timed correctly
$NKE #ShortStrangle #Earnings – Sold…
$NKE #ShortStrangles #Earnings – Sold NKE Sep 30 2016 51.0/59.0 Strangle for 0.42
edit: Also Sold NKE Sep 30 2016 51.5/60.0 Strangles for 0.40
Short puts on CRI
Taking advantage of today’s downgrade to sell puts on a stock I wouldn’t mind owning at the strike price, about 10 points lower than it is now, and a level the stock hasn’t been since early 2015.
Sold $CRI Dec 16 80 puts @ 1.35
$SVXY #ShortCalls – Sold SVXY…
$SVXY #ShortCalls – Sold SVXY Oct 7 2016 80.0 Calls @ 0.50. very wide b/a spread
$NUGT #ShortPuts – Sold NUGT…
$NUGT #ShortPuts – Sold NUGT Oct 7 2016 16.0 Puts @ 65 with the stock at 18.0
SVXY closed Oct. 7 65…
SVXY
closed Oct. 7 65 put for .62, sold yesterday for 1.46
NKE earnings
#Earnings Neutral play on NKE… needs to end the week between 53.50 and 58.50. Max risk, .43, max gain 1.57. Thanks @rknight52 for the idea.
Sold to open $NKE Sept 30th 53/55/57 iron butterfly for 1.57.
Buy 1x 57 call
Sell 1x 55 call
Sell 1x 55 put
Buy 1x 53 put
Recent 1-day moves on NKE earnings:
June 28, 2016 AC 3.84%
March 22, 2016 AC -3.79%
Dec. 22, 2015 AC -2.36%
Sept. 24, 2015 AC 8.89%
June 25, 2015 AC 4.26%
March 19, 2015 AC 3.72%
Dec. 18, 2014 AC -2.30%
Sept. 25, 2014 AC 12.22%
June 26, 2014 AC 1.06%
March 20, 2014 AC -5.12%
Dec. 19, 2013 AC -1.17%
Sept. 26, 2013 AC 4.69%
Average move: 4.5%
NKE earnings anyone?
After close today. Looking at condor or butterfly.
SPX — another iron condor out for profit
BTC Oct 21 2240/2230/2000/1990 IC for 60% max profit.
Will continue to exit at these levels. As soon as I’m in these condors, I set the close order at 60% max profit.
/ES again….let’s see if the 50ma holds
SOLD /ES @ 2151.00
SOLD /ES SEP 16 (EOM) 2150.0 Put @ 10.25
Max gain of 11.25 points and breakeven at 2161.25 (just below the 50)
Otherwise, sell another weekly next week for about 15 points….
SPX call spread sold
#SPXcampaign Sold to Open $SPX Oct 28th 2230/2255 call spreads for 1.30, with SPX at 2159.
SPX call spread
SPX oct wk4 2230/2250 sold for $1.20 when spx at 2158 and short delta 9.
GLD starter
Looking at this as a longer term position to trade around so starting with a fairly wide strangle…pretty liquid with decent premium and weeklies. Staying small!
Sold GLD OCT 21 2016 123.0/129.0 strangles @ 1.33
TLT roll
Rolled Oct monthly 133 puts up to 137 for .95 credit. Position is now 137 straddle for 2.85 credit. One side has to expire then adjust accordingly after that.
GS adjustment
Taking a fairly aggressive shot here betting overhead resistance will be strong. If not, I may have to give this all back on the roll to next week…
Rolled this week’s 167.5 short calls down to 162.5 for .90 credit. Of course I did it right before the consumer confidence number came out.
Options Bistro 