$SPX 10/28 1975/2000 BUPS @ 90% profit
$SPX 10/28 2225/2000 BECS @ 94% profit
Assigned early on OPHT 10/21 45 put Shares at 42.10 basis
Daily Archives: Thursday, October 20, 2016
Trades
Sold
$SPX 11/18 2250/2225 BECS @ 1.10
$SPX 11/4 2210/2185 BECS @ 2.05
$SPX 11/18 1935/1960 BUPS @ 1.50
$NFLX 11/18 135/130 BECS @ .90
BTO $BAC 1/20/2017 16 call @ 1.12
STO $DUST 10/21 puts @ .45
STO $NFLX IC 113/118/123/118 @2.65
Thanks to all for input
VIX Indicator and SPX Charts…
VIX Indicator and SPX Charts have been updated
$SVXY #ShortCalls – Sold SVXY…
$SVXY #ShortCalls – Sold SVXY Nov 4 2016 81.5 Calls @ 1.00 – after hours fill at 4:15 as the stock spikes to 77.19
$MCO #ShortPuts #Earnings – Sold…
$MCO #ShortPuts #Earnings – Sold MCO Oct 21 2016 105.0 Puts @ 0.60. The 3 month low on the stock was set in early September near 105.50.
$MCD #ShortPuts #Earnings – Sold…
$MCD #ShortPuts #Earnings – Sold MCD Oct 21 2016 106.0 Puts @ 0.15. The 3 month low on the stock was set today at 110.33.
$SVXY #CoveredCalls – Sold SVXY…
$SVXY #CoveredCalls – Sold SVXY Nov 11 2016 85.0 Calls @ 1.20.
Also Sold SVXY Oct 28 2016 80.0 Calls @ 0.55
#Earnings #Tonight $SLB $MSFT $ETFC…
NFLX calls sold
#Earnings STO NFLX Oct 28th 130 calls for .50
AMZN Iron Condor
AMZN OctWk4 740/750 Put 870/880 Call sold for $3.36
8 DTE
Anything good for earnings tonight?…
Anything good for earnings tonight? Haven’t gotten to it yet.
EBAY Followed a trade at…
EBAY
Followed a trade at TT Nov. 18 26/28/28/31 for 1.56. This is from Ryan.
$SVXY #ShortCalls #Rollup – trying…
$SVXY #ShortCalls #Rollup – trying to get ahead of the typical Friday Rally in SVXY by rolling today.
Bought to close SVXY Oct 21 2016 72.0 Calls @ 4.08 with the stock at 76.01
Sold SVXY Nov 11 2016 76.0 Calls @ 4.55.
Pushed the strike price up 4 points plus received a 0.47 Credit. The time premium was gone from the existing position.
GS Anyone else looking at…
GS Anyone else looking at the GS trade for possible rolls? Looking at buying the 170 back at 4.85 and selling the 175 for .75 turning the trade into a BuCS which if GS pinned at 175.00 would credit the 2.50 resulting in about a break even. Any thoughts on this strategy?
DUST
STO November 25, 55/65 bear call spread @0.90 cents.
SPX puts sold
#SPXcampaign On the lowest tick of the day, this order filled: Sold to Open $SPX Nov 17th 1990/1965 put spreads for 1.45, with SPX at 2133.
EBAY
BTC Nov 18 33/37 Call spread @ .05. Sold on 9/27 @ .82. I didn’t intend for this to be an earnings play, but it worked out ok.
VZ
STO January 45 puts @0.63 cents.
$UVXY
STO Nov 11 $27 calls @ $0.50. Will add if premium improves.
$UAL #ShortPuts #FallingKnife – Bought…
$UAL #ShortPuts #FallingKnife – Bought to close UAL Dec 16 2016 31.0 Puts @ 0.01. These can’t trade any lower and still have 57 days until expiration.
Originally sold @ 1.37 during the Brexit scare on 06/27/2016
$NUGT
covered call sold yesterday – stopped out of stock at 14.48, 0.25 loss on stock but potential 0.48 profit on option. I’ll put in offer for day buy to close at 0.05, still profitable. I thought the >3% profit on weekly was too rich.
GS roll
BTC October 21, 167.5 call and STO November 4, 167.5 call for a credit of 0.70 cents.
SPX calls closed
#SPXcampaign Before selling the spread below, this one closed 9 minutes after the open: Bought to close $SPX Nov 4th 2215/2240 call spreads for .20. Sold for 1.65 on Oct 7th.
SPX calls sold
#SPXcampaign Sold to Open $SPX Nov 17th 2215/2240 call spreads for 1.50, with SPX at 2146.
IBM puts
Replacing some that are expiring this week.
Sold IBM OCT 28 2016 152.5 Puts @ 1.50
Looking to roll some 149 calls out and up also…
EBAY earnings
Tony V brought me down…LOL Instead of messing around rolling the puts I’m taking the stock so:
Sold EBAY NOV 4 2016 29.0 Calls @ 0.91
Guess he’s making up for the huge BBY winner last time around…goal is to get out of EBAY as quickly as possible. Stayed small just for this reason…in case I had to buy the stock.
$SPX IC closed at 60%
Another IC closed this morning at 60% max profit.
BTC SPX Nov 4 2220/2210/2000/1990 for 0.40.
Sold this originally for 1.05.
I know it may seem like these are little amounts. Yes, only 0.65 minus commissions. These add up. I’m actually having one of my best months ever.
Thanks to @Jeff for getting me interested in $SPX spreads last year with the #SPXcampaign, and thanks to TT for helping me see that getting out at the 50% level is profitable for the long run.
Expired $SPX 10/19 2325/2210 BECS
Bought 9/30 @2.10
Options Bistro 