Ramie 1:07 pm on Friday, September 16, 2016
Tags: OptionsExpiration ( 794 )

#OptionsExpiration for September 16 A…

#OptionsExpiration for September 16
A lighter than normal monthly expiration for me. I either closed a lot of positions early or rolled them over the last few weeks.

Expiring:
$AMZN 09/16/2016 825 calls (covered)
$AMZN 09/16/2016 850 calls (covered)
$AMZN 09/16/2016 740 puts
$NFLX 09/16/2016 100 calls
$NUGT 09/16/2016 25 calls
$NUGT 09/16/2016 42 calls
$SVXY 09/16/2016 60 puts
$SVXY 09/16/2016 40 puts
$UVXY 09/16/2016 29 calls
$UVXY 09/16/2016 40 calls
$UVXY 09/16/2016 56 calls
$WYNN 09/16/2016 95 puts (covered)

Assignments
$SVXY 09/16/2016 60 calls–some of my stock being called away. I will write more puts on the next move down.

Have a great weekend everyone.

Option Iceman 1:07 pm on Friday, September 16, 2016
Tags: Monthlys ( 13 ), OptionsExpiration ( 794 ), Sep16

#OptionsExpiration #Sep16 #Monthlys – no…

#OptionsExpiration #Sep16 #Monthlys – no assignments this week and some SVXY short Calls finally expired.

YEAH !!

— Expirations —
GILD Sep 16 2016 70 Puts
NUGT Sep 16 2016 14 Puts
NUGT Sep 16 2016 16 Puts
NUGT Sep 16 2016 17 Puts
SVXY Sep 16 2016 30 Puts
SVXY Sep 16 2016 34 Puts
SVXY Sep 16 2016 35 Puts
SVXY Sep 16 2016 36 Puts
SVXY Sep 16 2016 37 Puts
SVXY Sep 16 2016 38 Puts
SVXY Sep 16 2016 39 Puts
SVXY Sep 16 2016 40 Puts
SVXY Sep 16 2016 50 Puts
SVXY Sep 16 2016 54 Puts
SVXY Sep 16 2016 55 Puts
SVXY Sep 16 2016 60 Puts
SVXY Sep 16 2016 70 Calls (Covered)
SVXY Sep 16 2016 75 Calls (Covered)
SWN Sep 16 2016 15 Calls (Covered)
TRIP Sep 16 2016 55 Puts
TWLO Sep 16 2016 70 Calls
UVXY Sep 16 2016 23 Calls (Covered)
UVXY Sep 16 2016 24 Calls (Covered)
UVXY Sep 16 2016 25 Calls (Covered)
UVXY Sep 16 2016 29 Calls
UVXY Sep 16 2016 29.5 Calls
UVXY Sep 16 2016 30 Calls
UVXY Sep 16 2016 31 Calls
UVXY Sep 16 2016 32 Calls
UVXY Sep 16 2016 33 Calls
UVXY Sep 16 2016 34 Calls
UVXY Sep 16 2016 35 Calls
UVXY Sep 16 2016 36 Calls
UVXY Sep 16 2016 37 Calls
UVXY Sep 16 2016 38 Calls
UVXY Sep 16 2016 39 Calls
UVXY Sep 16 2016 40 Calls
UVXY Sep 16 2016 41 Calls
UVXY Sep 16 2016 42 Calls
UVXY Sep 16 2016 45 Calls
UVXY Sep 16 2016 46 Calls
UVXY Sep 16 2016 55 Calls
UVXY Sep 16 2016 56 Calls

Kelly 1:03 pm on Friday, September 16, 2016
Tags: OptionsExpiration ( 794 )

OptionsExpiration

$NUGT $28 calls (last of my $NUGT positions)
$SVXY $35 puts (sold during Brexit spike @ $2.30, should have sold lots more)
$UVXY $25 calls
$UVXY $27 calls
$UVXY $30 calls
$UVXY $32 calls
$UVXY $55 calls

Nicely profitable week, a bunch of $UVXY contracts rolling off so in very good shape going into next week. A lot of dry powder, likely get a chance early next week to put money to work.

Have a great weekend everyone. #optionsexpiration

Jeff 12:52 pm on Friday, September 16, 2016
Tags: ContangoETFs ( 446 ), CoveredPuts ( 44 ), Earnings ( 3,108 ), VXXGame ( 769 )

A few trades today…

#Earnings #CoveredPuts STO $FB Oct 7th 125 covered put for 1.10
#VXXGame BTC $UVXY Oct 21st 55 call for .84. Sold for 4.25 on Aug 2nd.
#ContangoETFs BTC $NUGT Sept 16th 23 puts for 4.45 and 5.20. Sold for 1.45 on Aug 26th.
Rolled to: Sept 30th 16 puts for 1.00, and waiting for fills on others.

Ramie 12:48 pm on Friday, September 16, 2016

Closing next week’s NUGT calls

Bought to close $NUGT Sep 23 25 calls @ .20. Sold for 1.32 on 9/2.
No sense sticking around for the last .20 with the Fed coming up next week–who knows what will. And if I were in the betting mood I’d be leaning more toward gold and NUGT going up after the Fed (thinking they won’t raise) but I’m not even going there. Can’t make any promises next week though.

thomberg1201 12:45 pm on Friday, September 16, 2016

SPX Sold 2220/2240 spread for…

SPX

Sold Oct 14 2220/2240 spread for 2.00 yesterday, bought back for 1.00 today

Option Iceman 12:39 pm on Friday, September 16, 2016
Tags: CoveredCalls ( 2,202 ), Rollup ( 121 )

$UVXY #CoveredCalls #Rollup – did…

$UVXY #CoveredCalls #Rollup – did this roll to give it another week
Bought to close UVXY Sep 16 2016 21.5 Calls @ 0.59. Sold last Friday at 2.05
Sold UVXY Sep 23 2016 26.0 Calls @ 0.83 – a big bump in the strike price plus a nice credit

Option Iceman 12:35 pm on Friday, September 16, 2016
Tags: ShortPuts ( 4,764 )

$GDX #ShortPuts – Bought to…

$GDX #ShortPuts – Bought to close GDX Sep 16 2016 25.5 Puts @ 0.01 to avoid the chance of assignment

fuzzballl 12:32 pm on Friday, September 16, 2016

VIX SVXY UVXY VXX

Sucking volatility out now…

fuzzballl 12:22 pm on Friday, September 16, 2016

WYNN iron condor rolls on…

Posted sometime this week:

TGO WYNN iron condor

A couple weeks ago DR put on a Sep 30th 75/80/105/110 iron condor @ .88 (I missed it so ended up using 103/108 on the call side). Since then WYNN has gone straight up so I kept thinking an adjustment would get sent out…DR has a 2 hour webinar on adjustments that I haven’t watched yet so I was expecting some magic this morning in the briefing. He basically advised that it wasn’t working so close it for the loss. I suggested maybe selling a slightly higher put spread to maybe recoup some of the loss but no go…guess I can’t argue with his logic but here’s what I’ve been doing…call me hard headed (or stupid…LOL)

———————————
Sold Sep 30th 75/80/103/108 @ .88 credit
———————————
Rolled 80 puts up to 95 @ 1.40 credit
———————————
Rolled 95 puts to this week 101 @ .29 credit
———————————
Rolled this week 101 puts up to 103 @ .84 credit
———————————
Rolled 103 puts up to 107 @ 1.05 credit
———————————
I’ve now collected 4.46 in premium with a max loss of 5.00 on the call side. Still 2 more weeks to sell. If these 107’s expire I’m considering just selling the Sep 30th 108/103 put spread @ 1.65. This would be exactly inverted against the calls giving me a total of 6.11 in premium basically locking in a profit greater than the original .88.

We shall see…

================================================================================

Update:

Looks like the 107 puts will expire locking in all the roll up profits from the last 2 weeks. So today:

Sold WYNN SEP 23 2016 108.0/103.0 Bull put spreads @ 1.60

These are sold against the Sep 30th 103.0/108.0 Bear call spreads. I’m trying to squeeze an extra week out of this put side hoping to sell ’em again the following. Looks kinda strange having same strikes for both spreads but…total premium is now up to 5.95 so worse case one side will expire at max loss and I’ll pocket the remaining .95. Ideally WYNN will stay above 108 and I’ll sell this same put spread next week turning a potential losing iron condor into about a 2.50 winner. I’ll take it considering the original condor was only worth about 90 cents.

PS… @elitethink: DR is Doug Robertson. A partner at TGO. I felt he was too willing to give up on this trade and book the loss so I went rogue! LOL

Jeff 11:44 am on Friday, September 16, 2016
Tags: SPXcampaign ( 2,265 )

SPX calls closed

#SPXcampaign Bought to close $SPX Oct 7th 2240/2265 call spreads for .20. Sold for 1.55 on Sept 6th.

Ramie 11:08 am on Friday, September 16, 2016

Adding DUST call in Jan

Sold $DUST Jan 20 2017 60 call @ 6.20. Highest strike in January.

I am now short the highest strike (60) in Oct, Nov, Dec and Jan with small positions. Hoping we get higher strikes next week.

fuzzballl 11:04 am on Friday, September 16, 2016

GS revisited

Aw crap guys…was typing and trading in the airport terminal from my Note 7 (gulp) all morning but just got home and fired up the computer. Now with everything right in front of me here’s the trade using my actual fills. I forgot all about the buying of the “disaster” puts. Adds small cost but a lot of protection to the trade. Told ya this is all new for me!

Bought Jan 2018 130 calls @ 43.60
Bought Jan 2018 130 puts @ 6.87
Sold Sep 16 2016 70 calls @ .65

LEAPS are currently showing down 380 dollars (thanks to long puts) and short calls brought in 325 so trade is down a net of 55 bucks even though the stock is down a little since I opened it. So far so good…

Going all in on no hike next week:

Sold GS SEP 23 2016 167.5 Calls @ 1.35

fuzzballl 10:34 am on Friday, September 16, 2016

NUGT calls

Replacing a batch expiring today…still fighting my way out of this last split.

Sold NUGT SEP 23 2016 18.5 Calls @ 1.32

Selling these against DITM Oct 26 puts at a 2 for 1 ratio. Used about half the proceeds for this:

Bought to Close NUGT OCT 21 2016 26.0 Put @ 9.30

Considering rolling some of the Oct 26 strike puts out to Nov strangles at much lower strikes…is that a feasible idea?

ncroadrunr 9:28 am on Friday, September 16, 2016

NUGT BTC Sept 16 19…

NUGT BTC Sept 16 19 call for 0.05, sold yesterday for 0.95, watching my 17 and 18 calls for cheap exit

Ramie 8:42 am on Friday, September 16, 2016

Closing NUGT puts

To avoid assignment, bought to close $NUGT Sep 16 19 puts @ .95. Sold for 1.18 on 8/25.

tabortrader 8:38 am on Friday, September 16, 2016

SPX calls sold for Monday expiration

Sold To Open $SPX Sept 19 2160/2165 calls @ .35, SPX at 2135

Option Iceman 8:37 am on Friday, September 16, 2016
Tags: Rollup ( 121 ), ShortCalls ( 979 )

$DUST #ShortCalls #Rollup – rolled…

$DUST #ShortCalls #Rollup – rolled this speculative position out another couple of weeks.
Bought to close DUST Sep 16 2016 32.0 Calls @ 5.50
Sold DUST Sep 30 2016 35.0 Calls @ 5.60 – gained 3 points on the strike price.

At least my NUGT short Puts will expire today

Option Iceman 8:25 am on Friday, September 16, 2016
Tags: CoveredCalls ( 2,202 ), IRA ( 431 ), Rollup ( 121 )

$SVXY #CoveredCalls #IRA #Rollup -…

$SVXY #CoveredCalls #IRA #Rollup – the only roll I should have to do today in this stock. My other short calls in SVXY should expire today. YEAH!!

Bought to close SVXY Sep 16 2016 60.0 Calls @ 3.31 – originally sold at 4.20 s0 a win-win!!
Sold SVXY Sep 23 2016 62.0 Calls @ 3.84 – Only 1 more week and 2 points higher plus a 0.53 Cr.

Jeff 7:54 am on Friday, September 16, 2016
Tags: VXXGame ( 769 )

UVXY call

#VXXGame Was trying to get a few of the new 45’s but only filled on one: STO $UVXY Nov 45 call for 3.25

fuzzballl 7:48 am on Friday, September 16, 2016

GS calendar covered calls

Bought to Close GS SEP 16 2016 170.0 Calls @ .01 (sold for .65)

Selling these every week against Jan 2018 130 calls…only need about 60 cents a week to pay for the calls. I’ll eventually close the whole thing when Aunt Janet raises and banks get a boost.

Kelly 7:48 am on Friday, September 16, 2016

$UVXY

Only made 1 trade today, so far anyway.

STO $UVXY Sep 30 $30.5 call (1) @ $1.75

For some reason, this is the highest strike for that weekly. Likely going to see higher strike prices coming and maybe even higher prices, so only sold qty 1

Kelly 7:45 am on Friday, September 16, 2016

Market

Somebody started buying at 10:38. Market made a pretty good move higher and $UVXY took a dive. We’ll see if it lasts.

thomberg1201 7:44 am on Friday, September 16, 2016

SVXY On June 30, I…

SVXY
On June 30, I sold a 60 call for 2.25, must have been a good idea at that time, it was around 50. Rolled it today to a 63 next week for even money but gained 3 points, sold a 52 put for 50. Almost to 80 last week.

1strangealien 7:34 am on Friday, September 16, 2016

NVAX PMCC

I thought NVAX was developing a new vaccine, not an intergalactic death ray! My poor man’s covered call got zapped this morning. I closed the short call and am now left with a long Jan ’17 7 call that is worthless today but has 4 months to recover some value. 24% of the float is short with 13.8 days to cover… Come on short squeeze! Y’all stay safe.

ncroadrunr 7:22 am on Friday, September 16, 2016

Volatility

I am trying to find a low risk method of trading the FOMC-induced volatility next week. A short or long straddle may be the best choice. If long this may be the best time to buy. Perhaps waiting until Tuesday to sell premium is the best timing and UVXY and NUGT are volatile instruments.
Has anyone else given this thought?

Jeff 7:07 am on Friday, September 16, 2016
Tags: SPXcampaign ( 2,265 )

SPX puts sold

#SPXcampaign Sold to open $SPX Oct 14th 1980/1955 puts for 1.50, with SPX at 2133.

fuzzballl 6:46 am on Friday, September 16, 2016

ORCL earnings experiment

Closed for .15 credit. Lost .04 so wishing I hadn’t raised the strikes a half point from the original trade. Needed a buck up instead of down. Regular old iron fly would’ve been the play…

mortlightman 6:23 am on Friday, September 16, 2016

Today is a quadruple witching…

Today is a quadruple witching – which is the simultaneous expiration of 4 sets of options…..Stock Index futures, Stock Index Options, Single stock options and single stock futures…it happens 4 times a year (qtr end) and is usually associated with much bigger volumes and volatility…..Look for extremely large volumes on both the openings and closings and while it looks ‘big and scary’ the fact is that in the final mins leading up to both bells – the stocks all pair off right where they are supposed to. You see – it is not a secret – traders expect it, and the mkt is well positioned to manage it.

geewhiz112 3:58 pm on Thursday, September 15, 2016

Some Trades

STO $SPX 10/5 2240/2215 BECS @ 1.20
STO $SPX 10/14 2245/2220 BECS @ 1.25
STO $NFLX 10/21 85/110 Straddle @ 3.22
STO $FOSL 12/16 21 put @.80
STO $LULU 10/21 60/65 BUPS @ 1.30
STO $AAPL 11/18 120 call (covered)

Closed Early
$SPX 9/30 2270/2245 BECS @ 83% profit

fuzzballl 2:05 pm on Thursday, September 15, 2016

NVAX….gulp!

$NVAX – Wow!

$IBB holdings:

Novavax 0.39% $28,428,369

$IBB on sale tomorrow?

Option Iceman 12:34 pm on Thursday, September 15, 2016
Tags: ShortCalls ( 979 )

$UVXY #ShortCalls – Sold to…

$UVXY #ShortCalls – Sold to Open 1 UVXY (Weekly) Oct 14 2016 45 Call @ 1.80.
They have started new strike 45 contracts for all the October weekly expirations. I’ll sell more on the next bounce in UVXY

fuzzballl 12:10 pm on Thursday, September 15, 2016

TGO WYNN iron condor

We shall see…

Jeff 12:04 pm on Thursday, September 15, 2016
Tags: SPXcampaign ( 2,265 )

SPX call sold

#SPXcampaign Selling some extra call spreads above all time highs.
Sold to Open $SPX Oct 14th 2220/2245 call spreads for 2.30 (adding to this one at higher premium)
Sold to Open $SPX Sept 30th 2210/2235 call spreads for 1.75

fuzzballl 11:28 am on Thursday, September 15, 2016

TLT roll

Currently short some Oct. 133/145 strangles @ 1.06. The 145 call is pretty much worthless so rolling it down into the overhead supply resistance for additional credit.

Rolled Oct monthly 145 calls down to 137 for .85 credit.

fuzzballl 11:11 am on Thursday, September 15, 2016

REGN aggressive

She’s poking her head up through the 50 but banging her head on the 200. Counting on Aunt Jane to give the market a boost next week. Plenty of options to roll this thing if needed…

Sold REGN SEP 23 2016 400.0/370.0 BuPS @ 5.15

Ramie 11:02 am on Thursday, September 15, 2016

Closing SWKS

Bought to close $SWKS Nov 18 50 puts @ .17. Sold for 1.40 on 7/22.

tabortrader 10:46 am on Thursday, September 15, 2016

OHI put

Sold $OHI Oct 21 35 put @ 1.00 looking to add 6.88% dividend yielder shares to IRA account.

fuzzballl 10:42 am on Thursday, September 15, 2016

REGN BuPS

This has been in and out of trouble all month. Getting out while I can. May sell the same one for next week. Closing just the short side…

Bought to close REGN SEP 16 2016 400.0/375.0 BuPS @ 1.80 (sold for 5.20)

Ramie 10:12 am on Thursday, September 15, 2016

CMG put

Sold $CMG Oct 14 (weekly) 385 put @ 3.00.
Using the expiration before the estimated earnings date. Strike is right at the low from June.

Sam KS 9:50 am on Thursday, September 15, 2016

WFC

Wells Fargo WFC STO Nov 16 44 put for $1.24

RSI, bollinger band, Stoch all shows very over sold. 52 week low at 44.50. seems like at buy low stock to add to retirement account. dividend yield 3.27%

ncroadrunr 9:40 am on Thursday, September 15, 2016

NUGT

sold stock for small loss 19.51 – 19.25, BeCS still in place and should more than cover the loss.

Sam KS 9:25 am on Thursday, September 15, 2016

SPX Call spreads

SPX STO octwk4 call 2250/2275 for $1.05

SPX STO oct16 call 2235/2260 for $1.35

when SPX at 2142

ncroadrunr 9:24 am on Thursday, September 15, 2016

NUGT

buy stock 19.51, sell BeCS Sept 16 19/24 for 0.90. I put a trailing stop on stock in case of reversal. Otherwise I’ll treat like a buy write. ROI 2% for a couple of days risk.

fuzzballl 8:46 am on Thursday, September 15, 2016

ORCL…interesting earnings trade

Sell Sep 16th 39/42 strangle
Buy Oct 14th 39/42 strangle

.55 debit which would be max loss. Basically selling higher IV and buying lower IV for protection. Doug says with near term IV collapse the trade will make money up to about twice the expected move. I prefer buying next week for protection. IV collapse in the long protection is a little higher than Oct 14 but can get the trade on for about .20 debit.

I’ll throw 5 contracts at it and see how it goes.

Going with this for .20 debit:

Sell Sep 16th 39/42 strangle
Buy Sep 23rd 39/42 strangle

prvtrader 7:53 am on Thursday, September 15, 2016

Long Shot on NVDA…

BTO Nov 18 NVDA 70/65 BuCS for $1.48
This is a long shot, but my max loss is just $148 pp and have a possible win is $3.52 pp…so it is a nice 3:1 Return/Risk. and it has 64 days to work.

thomberg1201 7:47 am on Thursday, September 15, 2016

Matt Ryan I’m starting Matt…

Matt Ryan
I’m starting Matt Ryan over Jameis Winston this week, Tampa plays Arizona and Atlanta plays Oakland. Oh-sorry-wrong blog

Ramie 12:59 pm on Wednesday, September 14, 2016
Tags: FallingKnife ( 964 )

MCK puts

Sold $MCK Jan 20 2017 110 puts @ 1.50–CORRECTED–THIS WAS AN INCORRECT MONTH AND STRIKE
Correct trade: Sold $MCK Nov 18 145 puts @ 1.50
#FallingKnife

Ramie 12:57 pm on Wednesday, September 14, 2016

MNST puts

MNST puts
Sold $MNST Jan 20 2017 110 puts @ 1.30

jsd501 12:56 pm on Wednesday, September 14, 2016

BMY

STO December 50 puts @1.21

Jeff 12:51 pm on Wednesday, September 14, 2016
Tags: CoveredCalls ( 2,202 ), Earnings ( 3,108 )

AVGO covered call

#Earnings #CoveredCalls STO $AVGO Oct 21st 175 covered call for 3.30.

Option Iceman 12:47 pm on Wednesday, September 14, 2016
Tags: FallingKnife ( 964 ), ShortPuts ( 4,764 )

$BMY $FOSL #ShortPuts #FallingKnife -…

$BMY $FOSL #ShortPuts #FallingKnife – sold both these
Sold BMY Dec 16 2016 52.5 Puts @ 1.88
Sold FOSL Dec 16 2016 21.0 Puts @ 0.80

Option Iceman 12:44 pm on Wednesday, September 14, 2016
Tags: CoveredCalls ( 2,202 )

$SWN #CoveredCalls – Sold SWN…

$SWN #CoveredCalls – Sold SWN Oct 21 2016 16.0 Calls @ 0.52. I sold these early anticipating that my Sep 15.0 Calls will be expiring Friday

Jeff 12:32 pm on Wednesday, September 14, 2016
Tags: SPXcampaign ( 2,265 )

SPX calls closed

#SPXcampaign Bought to close $SPX Sept 30th 2235/2260 call spreads for .20. Sold for 1.50 on Sept 2.

Ramie 11:34 am on Wednesday, September 14, 2016
Tags: FallingKnife ( 964 )

Some #FallingKnife flavored trades Sold…

Some #FallingKnife flavored trades
Sold $VRTX Oct 21 75 puts @ 1.30. Stock at 89.39, delta 14.
Sold $WHR Jan 20 2017 120 puts @ 1.35. Stock at 165.30, delta 7.

Ramie 9:40 am on Wednesday, September 14, 2016

AAPL Covered Calls

Sold $AAPL Nov 18 120 calls @ 2.07

fuzzballl 7:56 am on Wednesday, September 14, 2016

CMG adjustment

Just rolling around collecting premium…

Rolled Sep 440 put to Oct 435 @ 2.41 credit.

I’ll continue selling weekly calls against this. With a 435 call expiring Friday total premium is up to 18.10 on 5500 margin…

Kelly 7:28 am on Wednesday, September 14, 2016

VxxGamePlan

Since this volatility event looks to be going to hang around for a bit (not just a 1 or 2 day thing), I’m not to worried about missing opportunities. Put money to work on Friday and Monday. I didn’t do anything yesterday, and don’t plan to do anything today. I’m planning to wait until Friday morning. I have a lot of contracts set to expire this week, and on Friday morning I’ll have a pretty good idea of where I will be at, will I need to roll anything, etc… Then I will look to open more new positions. Still have a lot of dry powder, just not in a hurry to put it to all to work. Seems likely that we’ll get more chances. I sort of like that the market is choppy vs just going straight down, feels more like a pull back than a deep correction as there is buying coming into the market.

thomberg1201 7:14 am on Wednesday, September 14, 2016

SPY bought a call at…

SPY
bought a call at the end of the day for 1.26, set a stop at 1.00 in case of a downdraft, stop was hit, I’m out and missing the bounce grrrr

fuzzballl 6:44 am on Wednesday, September 14, 2016

NFLX strangle

Low margin and good liquidity. This is another one I’d like to have a position in all the time for the theta. Figure a good place to start is at the expected move for October.

Sold NFLX OCT 21 2016 85.0/110.0 Strangles @ 3.30

Jeff 6:43 am on Wednesday, September 14, 2016

SPX calls sold

Sold to open $SPX Oct 14th 2220/2245 call spreads for 1.60, with SPX at 2128.

fuzzballl 6:29 am on Wednesday, September 14, 2016

SRPT gap

Up 4 bucks this morning. Never did get another position set…grrr!

ncroadrunr 1:10 pm on Tuesday, September 13, 2016

NUGT STC Sept 16 BeCS…

NUGT STC Sept 16 BeCS 18/24 for $1.05 after selling this morning for $2. I am concerned we may get a bounce tomorrow after the big drop today.

Option Iceman 12:59 pm on Tuesday, September 13, 2016

Great chart of the 1987…

Great chart of the 1987 crash for educational purposes only. A good one to keep on file. $SPY $SPX

thomberg1201 12:33 pm on Tuesday, September 13, 2016

SPY In case there is…

SPY
In case there is a little bounce tomorrow, I bought a Sept 16, 213.5 call for 1.26, I’ll set a stop in 30 minutes at 1.10 or so.

Option Iceman 12:11 pm on Tuesday, September 13, 2016
Tags: IRA ( 431 ), ShortPuts ( 4,764 )

$SVXY #ShortPuts #IRA – betting…

$SVXY #ShortPuts #IRA – betting AGAINST a 33% drop in the stock from 60 to 40
Sold SVXY Oct 7 2016 40.0 Puts @ 0.70
Sold SVXY Oct 21 2016 40.0 Puts @ 1.10

jsd501 12:11 pm on Tuesday, September 13, 2016

SVXY

STO October 21, 40 puts @1.05

Option Iceman 12:00 pm on Tuesday, September 13, 2016
Tags: ShortPuts ( 4,764 )

$SVXY #ShortPuts – SVXY briefly…

$SVXY #ShortPuts – SVXY briefly broke 60. Wow!!
Sold 2 SVXY Sep 16 2016 54.0 Puts @ 0.60 – expires Friday
Sold 1 SVXY Dec 16 38.0 Put @ 2.20. Breakeven = 35.80

Option Iceman 11:43 am on Tuesday, September 13, 2016
Tags: ShortCalls ( 979 )

$UVXY #ShortCalls – these are…

$UVXY #ShortCalls – these are all partially hedged with long stock. I’m staying small and at the TOP of the Chain –
Sold 1 UVXY OCT 7 2016 40.0 Call @ 2.29
Sold 1 UVXY OCT 14 2016 40.0 Call @ 2.82
Sold 1 UVXY OCT 21 2016 55.0 Call @ 2.01
Sold 1 UVXY OCT 28 2016 40.0 Call @ 3.80
Sold 1 UVXY NOV 18 2016 45.0 Call @ 3.85
Sold 1 UVXY Dec 16 2016 55.0 Call @ 4.47
Sold 1 UVXY Jan 20 2017 60.0 Call @ 5.00

Jeff 11:39 am on Tuesday, September 13, 2016
Tags: VIXIndicator ( 294 )

Third signal fired on VIX Indicator

#VIXindicator A third signal just fired, after the two on Friday, as VIX is up 25% from yesterday’s close.

Of the 36 corrections since 1/1/2000, a third signal fired 29 times. A fourth signal fired 22 times. So based on that data there is just under a 25% chance that we’ve reached the bottom of the correction.

Jeff 11:31 am on Tuesday, September 13, 2016
Tags: VXXGame ( 769 )

VXXgame trades

#VXXGame These are my first volatility sales in this correction:
STO $VXX Oct 21st 65 calls for 1.10
STO $UVXY Sept 15th 30 calls for .70
STO $UVXY Dec 55 call for 4.40
STO $UVXY Jan 2017 60 call for 5.10

jsd501 11:26 am on Tuesday, September 13, 2016

T2108

Anyone know where the T2108 is trading today?

Jeff 11:25 am on Tuesday, September 13, 2016
Tags: SPXcampaign ( 2,265 )

SPX put roll sold

#SPXcampaign Sold to open $SPX Oct 7th 1980/1955 put spreads for 1.80, with SPX at 2124. This is a roll from Sept 30th put spreads stopped on Friday for 2.60. I used 1.5x position size for a small overall credit on the roll.