$SVXY

Sold $SVXY Nov 4th 75 Calls @ 2.15.  Filled right at the 4:15 cut off.  I’m waiting for my text alert to get the SVXY price at fill.

Boom!

#Earnings After a four straight quarters of down moves, NFLX resumes its huge moves UP on earnings. At least it is easier to manage ITM 115 calls than it was ITM 700 calls.

STO IBM IBF 152.5/155/157.5 for…

STO IBM IBF 152.5/155/157.5 for 2.19 Oct 21

SPX calls closed

#SPXcampaign Bought to close $SPX Oct 28th 2200/2225 call spreads for .20. Sold for 4.50 on Oct 5th.

SVXY

This morning I BTC October 21, 60 puts @.25, they were sold @1.20

Since we are only about 10 points away from the strike price I decided to cover them and wait for this market to break out of the trading range we have been in since July. It seems like the bears have the upper hand today.

$IBM – Sold IBM 142/165…

$IBM – Sold IBM 142/165 Strangles that expire Friday for 0.48 with the stock at 154.78

Valeant Pharma VRX reports today….

Valeant Pharma
VRX reports today. The 52 week range is 18.55-171.50. No ideas, it’s interesting.