Post earnings trades, closed Nov. 18 put spreads, 720/730 for 45 credit, 734/745 63 credit, Dec. 700/710 for a 30 credit.
Daily Archives: Monday, October 31, 2016
$AMGN under Brexit low, eyeballing…
$AMGN #FallingKnife – under Brexit low, eyeballing Feb low.
DUST call closed
#ContangoETFs BTC DUST Nov 18th 70 call for .30. Sold for 3.50 on Oct 11th.
$SVXY #ShortPuts – Sold SVXY…
$SVXY #ShortPuts – Sold SVXY Jan 20 2017 40.0 Puts @ 1.25 with the stock at 71.40
$NUGT #CoveredCalls – Sold NUGT…
$NUGT #CoveredCalls – Sold NUGT Nov 11 2016 16.0 Calls @ 0.60 replacing a similar call that expired Friday
$SVXY
Sold a single Nov 11th 55 Put @ 0.55 when SVXY was at 72.55. Preparing for Yieldhog earnings week with a bunch reporting. Should keep me busy and off the streets. Have a great Halloween and if you must be out driving watch out for all those hard to see ghouls, goblins, politicians.
$UVXY #ShortCalls – Sold these…
$UVXY #ShortCalls – Sold these with the stock at 16.50
Sold UVXY NOV 11 2016 31.0 Calls @ 0.33
Sold UVXY NOV 18 2016 41.0 Calls @ 0.26
$TLT rollout
With previous rolls and adjustments I ended up with a Nov 136 straddle. I am rolling that full position out to December and bringing in additional premium (1.08 credit).
Bought to close $TLT Nov 18 136 straddle @ 5.86
Sold to open $TLT Dec 18 136 straddle @ 6.94
$TAP #ShortPuts #Earnings – Sold…
$TAP #ShortPuts #Earnings – Sold TAP NOV 4 2016 94.5 Puts @ 0.21. These expire Friday
TAP earnings
#Earnings Classic earnings trade: STO $TAP Nov 5th 100 puts for .80.
Over last 3 years, Biggest 5-day UP move: 6.8%, Biggest 5-day DOWN move: -4.6%, Average move: 2.8%. This trade is -4.5% OTM.
To find a bigger than 5% move at any point within 5 days after earnings, you have to go back to May 2011. THIS IS A NAKED TRADE. Use a spread if you’re not comfortable with the risk.
Is the SPX heading down?
What do you guys think?
Up or Down on Nov 9th?
$TIF #ShortPuts – Bought to…
$TIF #ShortPuts – Bought to close 1 TIF Nov 18 2016 52.5 Put @ 0.01. Nothing more to make here.
Sold on 8/3 @ 1.25
$RIG #ShortPuts – Bought to…
$RIG #ShortPuts – Bought to close RIG NOV 18 2016 7.0 Puts @ 0.01. Nothing more to make here.
Sold 8/1 @ 0.29
$NFLX #ShortPuts – Sold NFLX…
$NFLX #ShortPuts – Sold NFLX NOV 4 2016 119.0 Puts @ 0.22.
Paired with short stock AND short Nov 4 2016 133.0 calls
NFLX puts
#Earnings Selling to offset short calls:
STO NFLX Nov 11th 122 put for 1.50
STO NFLX Dec 16th 115 put for 2.10
$SVXY
Got a partial fill. STO $SVXY Nov 25 $50 puts @ $0.61
$NKE $TSCO $MAC – new…
$NKE $TSCO $MAC – new lows for SP500 stocks today. Possible #FallingKnife trades
$SVXY #ShortPuts #ClassicVXXGame – Sold…
$SVXY #ShortPuts #ClassicVXXGame – Sold 1 SVXY JAN 19 2018 24.0 Put @ 2.40. Paired with 145 Calls for the same date.
$SVXY #ShortPuts – Sold SVXY…
$SVXY #ShortPuts – Sold SVXY JAN 20 2017 40.0 Puts @ 1.15. I will add at higher prices if I can
FB Is anybody taking a…
FB Is anybody taking a position prior to earnings tomorrow? I am holding Jan 120 calls and Nov 130 but considering hedging withahigher strike. Any suggestions?
$SPX iron condor
STO Dec 9 2230/2220/1950/1940 @ 1.70
SPX calls closed, calls sold
#SPXcampaign Bought to close $SPX Nov 11th 2220/2245 call spreads for .20. Sold for 2.00 on Oct 14th.
Sold to Open $SPX Dec 2nd 2220/2245 call spreads for 1.40, with SPX at 2130.
Options Bistro 