fuzzballl 7:42 am on Wednesday, October 19, 2016

CMG calls

Tried getting sneaky yesterday and sold next week’s call a little early. Of course, Raymond James downgrades the stock with about a 275 price target and it immediately rallies 11 dollars. TT is right…those analysts are clueless and have no idea. I’m guessing Raymond James wanted to buy it so they tried downgrading it…LOL

I don’t want 2 of these so I : Bought to Close CMG OCT 21 2016 405.0 Call @ 3.20

I’ll take that out of the 8.50 received yesterday for the early sale and call it a 5.30 credit roll…LOL

k8e8n8t8 7:39 am on Wednesday, October 19, 2016

FB I am tempted o…

FB I am tempted o sell the 130 calls expiring Friday against my longer dated Nov and Jan calls . Bid/ Ask is .97/1.00. Anyone else considering this?

Option Iceman 7:39 am on Wednesday, October 19, 2016
Tags: ShortCalls ( 979 )

$NFLX #ShortCalls – Sold NFLX…

$NFLX #ShortCalls – Sold NFLX Oct 28 2016 131.0 Calls @ 0.43 with the stock at 122.15.
I’ll pair these with some short Puts if I can find a reasonable premium

fuzzballl 7:27 am on Wednesday, October 19, 2016

NFLX adjustment

According to John Carter, when a stock gaps up big on earnings like NFLX did, it tends to keep going for awhile (not sure if that’s true but seems reasonable).

After seeing his free video on this yesterday afternoon, I rolled my 115 puts up to 120 for Friday @ another 1.65 credit. This morning I rolled the 115 calls leftover from earnings out to Dec 4th 120’s for .05 debit. I’ll continue selling weekly puts against those…

Option Iceman 7:18 am on Wednesday, October 19, 2016
Tags: OptionLadder ( 132 ), ShortPuts ( 4,764 )

$DUST #ShortPuts #OptionLadder – DUST…

$DUST #ShortPuts #OptionLadder – DUST falls, NUGT rises. My NUGT stock position is now above the strike 14 covered calls I sold last Friday and my NUGT 12, 12.5 and 13.5 short Puts for this week are out of the money.
I like where it’s sitting now so I sold the following for Friday’s expiration.
Sold DUST Oct 21 2016 35.0 Puts @ 0.40 adding to my position
Sold DUST Oct 21 2016 34.0 Puts @ 0.25
Sold DUST Oct 21 2016 33.5 Puts @ 0.20
Sold DUST Oct 21 2016 33.0 Puts @ 0.20

Jeff 7:16 am on Wednesday, October 19, 2016

Earnings today

Not finding anything exciting, but interested in what anyone else is looking at.

Ramie 7:16 am on Wednesday, October 19, 2016
Tags: ShortCalls ( 979 )

2018 NUGT calls

$NUGT #ShortCalls Sold $NUGT Jan 19 2018 52 calls @ 2.50. Highest strike.

Jeff 6:54 am on Wednesday, October 19, 2016
Tags: SPXcampaign ( 2,265 )

SPX extra calls sold

#SPXcampaign My call spreads for Nov 4th were already closed for profits, but since I still have some put spreads open, I sold an extra call spread to offset:

Sold to open $SPX Nov 4th 2185/2210 call spreads for 2.25, with SPX at 2141.

Bobbie 6:19 am on Wednesday, October 19, 2016

good morning. thanks to all…

good morning. thanks to all who gave me advice on NFLX.

jsd501 5:39 am on Wednesday, October 19, 2016

Good morning

Another up day just grinding higher this morning. I sure would like a nice 200 point decline in the S&P so that we could get some volatility.

thomberg1201 12:57 pm on Tuesday, October 18, 2016
Tags: EarningsTrade ( 39 )

INTC #earningstrade Not an earnings…

INTC #earningstrade

Not an earnings trade by definition here but I bought a Nov. 18, 38 call for 90 and sold a Nov. 18 35 put for .32, thinking, of course, INTC continues up.

Jeff 12:33 pm on Tuesday, October 18, 2016
Tags: SPXcampaign ( 2,265 )

SPX puts closed

#SPXcampaign Bought to close $SPX Oct 28th 202/1985 put spreads for .2o. Sold for 1.30 on Sept 29th.

ncroadrunr 12:15 pm on Tuesday, October 18, 2016

$DUST

Trying and iron condor expiring this Friday 51/48/39/36 for 0.90, I may short to cover if price continues toward 39.

Jeff 11:51 am on Tuesday, October 18, 2016
Tags: Earnings ( 3,108 )

ISRG earnings

#Earnings Eneded up with two 650 puts (2.15) and two long 600 puts (.25), so put spreads for 1.90.

fuzzballl 11:45 am on Tuesday, October 18, 2016

CMG short call

This week’s 405 looks pretty safe. Selling next week.

Sold CMG OCT 28 2016 410.0 Call @ 8.50

Earnings next week and with an ITM 430 put figured I better sell an aggressive call to help out. Could go anywhere when they announce.

Bobbie 11:41 am on Tuesday, October 18, 2016

Anyone doing an ISRG trade…

Anyone doing an ISRG trade for earnings?

Option Iceman 11:00 am on Tuesday, October 18, 2016
Tags: OptionLadder ( 132 ), ShortPuts ( 4,764 )

$DUST #ShortPuts #OptionLadder – Sold…

$DUST #ShortPuts #OptionLadder – Sold DUST OCT 21 2016 34.5 Puts @ 0.20 with the stock at 41.31
These expire Friday

thomberg1201 10:39 am on Tuesday, October 18, 2016

NFLX Followed from TT Oct…

NFLX
Followed from TT
Oct 21 113/118/118/123 for 3.05 credit profitable between 115 and 121, risk 193 to make 307, somewhat risky

jsd501 10:30 am on Tuesday, October 18, 2016

IBM

Trying another Fuzzball trade.

BTO 2018, 120 call @31.90

STO 2018, 120 put @6.00

STO October 21, 150 calls @1.70

k8e8n8t8 9:51 am on Tuesday, October 18, 2016

FB rolled Oct 125 C…

FB rolled Oct 125 C to Nov 130 C@.05 debit. Wanted to catch the earnings move with another month of time. Earnings Nov 2.

Ramie 9:36 am on Tuesday, October 18, 2016

Reducing NFLX exposure

Finally able to take some positions off after a long time of rolling and maneuvering.
Bought to close the following near the open today.
$NFLX Oct 21 115 puts @ 1.80–sold for 29.27 as part of a rollout on 7/22
$NFLX Oct 21 120 puts @ 4.25–sold for 24.17 as part of a rollout on 8/23
$NFLX Nov 18 115 puts @ 3.85–sold for 21.35 as part of a rollout on 9/26

fuzzballl 9:30 am on Tuesday, October 18, 2016

IBM adjustment

Similar to NFLX….

Original position was 149/160 strangles @ 2.19. Sold weekly 149 calls @ 1.01 replacing the worthless 160 calls.

New position is 149 straddles @ 3.20. And now we wait and let theta do it’s job!

Option Iceman 9:28 am on Tuesday, October 18, 2016
Tags: ShortPuts ( 4,764 )

$DUST #ShortPuts – Sold DUST…

$DUST #ShortPuts – Sold DUST OCT 21 2016 35.0 Puts @ 0.20 with the stock at 41.24
These expire Friday

fuzzballl 9:23 am on Tuesday, October 18, 2016

NFLX adjustment

Tied up on an airplane this morning (not literally…LOL). Taxiing in right at the open made a couple adjustments.

Trade was originally 90/115 strangles @ 2.41. Since I don’t mind keeping this for awhile I sold 115 puts for this Friday @ 1.50. These replace the worthless 90 puts and add quite a bit to the bottom line.

Position now is 115 straddles for Friday @ 3.91. Plan now is to wait and see. Might get lucky with the 115 strikes. If not, I’ll roll the ITM side out and up (or down) and continue selling weekly puts (or calls) against them. Continuing with TT experiment of keeping almost perpetual (small) positions on some popular stocks and just letting the market tell me what to do. Love it so far! Great premium with small margin.

Similar positions in CMG EWW GLD IBB IBM IWM REGN TLT WYNN XLE and will add APPL with an earnings strangle.

Ramie 8:54 am on Tuesday, October 18, 2016

NUGT short calls

Sold $NUGT Jan 20 2017 24.00 calls @ 1.00

Option Iceman 7:41 am on Tuesday, October 18, 2016
Tags: ShortPuts ( 4,764 )

$DUST #ShortPuts – Sold DUST…

$DUST #ShortPuts – Sold DUST OCT 21 2016 35.5 Puts @ 0.20
These expire Friday

Jeff 7:23 am on Tuesday, October 18, 2016
Tags: Earnings ( 3,108 )

ISRG earnings

#Earnings Sold to Open $ISRG 650 put for 2.15. Biggest UP move: 17.7% , Biggest DOWN move: -11.5% , Average move: 6.3% . This trade is 8.6% OTM. I will probably add to this, and also buy 600 puts for disaster protection. -11.5% done move was in April 2014 and the lat time ISRG moved down big.

1strangealien 6:57 am on Tuesday, October 18, 2016

ILMN

BTC ILMN Oct21 130/135 BuPS @ 0.15, sold for 1.15 last week

Jeff 6:45 am on Tuesday, October 18, 2016
Tags: Earnings ( 3,108 )

GS trade

#Earnings For the Iron Butterfly, your max loss is small if the Stock moves up or down too much for your trade to work. With expiration on Friday, we have 4 days for price to settle back to 170 giving us max profit. Right now, the trade is closable for breakeven. It is okay to do that, but in my view isn’t the point… you accepted the small max risk and should be okay taking that loss on Friday is we don’t return to 170. IB’s are thread-the-needle type trades that require patience.

I am waiting and watching for a cheaper exit between now and Friday’s close.

Jeff 6:38 am on Tuesday, October 18, 2016
Tags: SPXcampaign ( 2,265 )

SPX puts closed, calls sold

#SPXcampaign In Pre-market, bought to close $SPX Oct 28th 2000/1975 put spreads for .20. Sold for 1.35 on Sept 26th.

Sold to Open $SPX Nov 17th 2225/2250 call spreads for 1.55, with SPX at 2143.

rknight52 6:35 am on Tuesday, October 18, 2016

$SPX puts closed

BTC SPX Oct 28 2050/2040 for 0.40.
Sold 5 days ago for 1.00. Continuing to close these at 60% max profit.

Bobbie 5:33 am on Tuesday, October 18, 2016
Tags: ShortCall ( 5 ), ShortCalls ( 979 )

good morning everyone – I…

good morning everyone – I took the NFLX earning trade – strangle 80/120 OCT 21. I am looking for suggestions as to how to manage. I have 3 options that I can think of – close it for a loss or buy a call or roll it out to week/month. Any suggestions would be appreciated. Thanks

#shortcalls

#shortcall

jdietz1954 1:23 pm on Monday, October 17, 2016

$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.

Jeff 1:22 pm on Monday, October 17, 2016
Tags: Earnings ( 3,108 )

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.

mortlightman 1:01 pm on Monday, October 17, 2016

STO IBM IBF 152.5/155/157.5 for…

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

Jeff 12:44 pm on Monday, October 17, 2016
Tags: SPXcampaign ( 2,265 )

SPX calls closed

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

jsd501 12:34 pm on Monday, October 17, 2016

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.

Option Iceman 12:19 pm on Monday, October 17, 2016

$IBM – Sold IBM 142/165…

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

thomberg1201 12:12 pm on Monday, October 17, 2016

Valeant Pharma VRX reports today….

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

Option Iceman 12:11 pm on Monday, October 17, 2016
Tags: Earnings ( 3,108 ), ShortStrangles ( 716 )

$NFLX #ShortStrangle #Earnings – I’d…

$NFLX #ShortStrangles #Earnings – I’d rather do more of a safer strangle
Sold NFLX 82/123 Strangles that expire Friday for 0.47

thomberg1201 12:08 pm on Monday, October 17, 2016

IBM Followed from TT 137/150/150/152.50…

IBM
Followed from TT 137/150/150/152.50 Put butterfly for .47 credit, profitable above 147. Oct. 21 expiration.

Option Iceman 12:06 pm on Monday, October 17, 2016
Tags: ShortPuts ( 4,764 )

$DUST #ShortPuts – Sold DUST…

$DUST #ShortPuts – Sold DUST Oct 21 2016 36.0 Puts @ 0.20 with the stock at 45.32

tabortrader 9:50 am on Monday, October 17, 2016
Tags: SPXcampaign ( 2,265 )

SPX call spreads closed

#SPXCampaign BTC Nov 4 $SPX 2220/2245 call spreads closed @ 0.20, STO @ 1.60 on Oct 10.

fuzzballl 9:21 am on Monday, October 17, 2016

IBM?

Earnings today also. 6.25 expected move. 5 wide iron fly about 3.95 right now…no position yet although considering it for a strangle and then manage if needed.

Jeff 9:12 am on Monday, October 17, 2016

NFLX price not moving but…

NFLX price not moving but options premiums going up.

Jeff 7:37 am on Monday, October 17, 2016
Tags: Earnings ( 3,108 )

GS earnings

#Earnings Not a big mover on earnings: Biggest UP move: 3.0%, Biggest DOWN move: -2.6%, Average move: 1.6%.

Going for neutral iron butterfly: STO $GS Oct 21st 167.5/170/172.5 IB for 2.05. Max risk = .45.

Jeff 7:20 am on Monday, October 17, 2016
Tags: Earnings ( 3,108 )

NFLX earnings

#Earnings Over last three years, over five days after earnings, Biggest UP move: 25.4%, Biggest DOWN move: -19.9%, Average move: 12.7%. Seems to be an upside bias to earnings premiums. Looking to sell the 85 put for .53, 14 points OTM, and the 115 call for .75, 16 points OTM. The farther out call is selling for more than the closer put.

These strikes are 14.1% and 16.2% OTM respectively.

STO $NFLX Oct 21st 85/115 strangles for 1.27.

Jeff 7:07 am on Monday, October 17, 2016
Tags: SPXcampaign ( 2,265 )

SPX puts sold

#SPXcampaign Sold to Open $SPX Nov 17th 1960/1935 put spreads for 1.50, with SPX at 2127.

I am still selling put spreads, even with a Downside Warning in effect. Everything has remained fairly orderly in the SPX so I’m not spooked yet. I will take profits early or stop out if anything violent starts happening.

Option Iceman 6:54 am on Monday, October 17, 2016
Tags: ShortPuts ( 4,764 )

$DUST #ShortPuts – Sold these…

$DUST #ShortPuts – Sold these this morning. Since I am also short NUGT Puts, these are protecting each other.
Sold DUST Oct 21 2016 38.0 Puts @ 0.40
Sold DUST Oct 21 2016 36.5 Puts @ 0.20

Jeff 6:20 am on Monday, October 17, 2016

Econ Calendar week of 10/17/16

prvtrader 2:43 pm on Saturday, October 15, 2016

My Take on the SPX (for what is worth…)

I’ve been looking at the SPX chart and both the 78 min and the Daily are showing a very bearish pattern. Jeff’s VIX indicator issued a downside warning on Oct 13, so I believe that we may be going down probably the next couple of weeks. That doesn’t mean that each day may be a down day though. There will be up days mixed in with down days; But IMHO, the direction now is mostly bearish. Unless the Feds do something to change the direction before the elections. Who knows?

whollows 7:48 am on Saturday, October 15, 2016
Tags: OptionsExpiration ( 794 )

Expiration 10/14/16

Expiration with max profit
$SPX 10/14 2220/2245 BeCS sold for 1.30 9/14
$SPX 10/14 1925/1950 BuPS sold for 1.50 9/14
$SPX 10/14 1920/1945 BuPS sold for 1.10 9/18

#optionsexpiration

geewhiz112 5:21 pm on Friday, October 14, 2016
Tags: OptionsExpiration ( 794 )

Expiration Total Profit

$FB 126 put
$SPX 19/15/1940 BUPS
$SPX 2075/2100 BUPS

Sold Early
$FB 10/21 125 Call BTO 4.50 STC 3.57
$FB 11/18 130 Call BTO 4.80 STC 3.78

Trades
$SPX 11/11 1955/1980 BUPS @ 1.30
$SPX 11/11 2245/2220 BUPS @ 1.95

#optionsexpiration

thomberg1201 2:23 pm on Friday, October 14, 2016

Assigned 100 shares of NUGT…

Assigned 100 shares of NUGT last night from a 17 put, had a short 17 call expire

Ramie 2:01 pm on Friday, October 14, 2016

No expirations or assignments this week

Have a great weekend everyone.

I’m heading out to the second weekend of Desert Trip (aka Oldchella) today. Getting ready to hang out with 70,000 of my favorite aging hippies. Tonight Bob Dylan and The Stones, tomorrow night Neil Young and Paul McCartney and if I’m still alive, Sunday night The Who and Roger Waters. Not a huge fan of big crowds anymore so I’m gonna get my Zen on, and practice patience 🙂

See you all next week!

Jeff 1:36 pm on Friday, October 14, 2016
Tags: OptionsExpiration ( 794 )

Options Expiration 10/14/16

Alls I gots expiring is the DUST 55 call. Have a great weekend everyone!

#optionsexpiration

jdietz1954 1:10 pm on Friday, October 14, 2016
Tags: Oct14 ( 2 ), OptionsExpiration ( 794 ), Weeklys ( 104 )

$SVXY

#OptionsExpiration #Weeklys #Oct14 Only one
$SVXY Oct 14th 80 Call covered
Have a great weekend all.

#oct14, #optionsexpiration, #weeklys

Sam KS 1:01 pm on Friday, October 14, 2016

SPX Put spread sold

SPX nov 16 put spread 1970/1945 sold for $1.50 when SPX at 2135

Kelly 1:00 pm on Friday, October 14, 2016
Tags: ContangoETFs ( 446 ), OptionsExpiration ( 794 ), VXXGame ( 769 )

Options Expiration

$SVXY $45 puts
$SVXY $75 calls
$UVXY $22 calls
$UVXY $26 calls
$UVXY $30 calls
$UVXY $40 calls
$VXX $45 calls

Have a great weekend everyone.

#contangoetfs
#vxxgame

#optionsexpiration

Option Iceman 1:00 pm on Friday, October 14, 2016
Tags: Oct14 ( 2 ), OptionsExpiration ( 794 ), Weeklys ( 104 )

#OptionsExpiration #Weeklys #Oct14 – An…

#OptionsExpiration #Weeklys #Oct14 – An unusually quiet week. No Assignments this week and 3 sets of SVXY Calls expired (that’s unusual).

The October monthly expiration next week is a big one.

— Expirations —
DUST (Weekly) Oct 14 2016 61 Calls
MYL (Weekly) Oct 14 2016 45 Calls (Covered)

NUGT (Weekly) Oct 14 2016 10 Puts
NUGT (Weekly) Oct 14 2016 11 Puts
NUGT (Weekly) Oct 14 2016 14 Calls (Covered)

SVXY (Weekly) Oct 14 2016 74 Calls (Covered)
SVXY (Weekly) Oct 14 2016 76 Calls (Covered)
SVXY (Weekly) Oct 14 2016 85 Calls (Covered)

UVXY (Weekly) Oct 14 2016 21 Calls
UVXY (Weekly) Oct 14 2016 21.5 Calls
UVXY (Weekly) Oct 14 2016 22 Calls
UVXY (Weekly) Oct 14 2016 22.5 Calls
UVXY (Weekly) Oct 14 2016 23 Calls
UVXY (Weekly) Oct 14 2016 23.5 Calls
UVXY (Weekly) Oct 14 2016 24 Calls
UVXY (Weekly) Oct 14 2016 24.5 Calls
UVXY (Weekly) Oct 14 2016 25 Calls
UVXY (Weekly) Oct 14 2016 25.5 Calls
UVXY (Weekly) Oct 14 2016 26 Calls
UVXY (Weekly) Oct 14 2016 26.5 Calls
UVXY (Weekly) Oct 14 2016 40 Calls
UVXY (Weekly) Oct 14 2016 45 Calls

1strangealien 12:13 pm on Friday, October 14, 2016

SVXY

Got a fill earlier today: BTC SVXY Oct21’16 55 PUT @ 0.10, sold for 2.90 on 9/12/16.

prvtrader 11:26 am on Friday, October 14, 2016

NVDA Earnings

Does anyone knows when NVDA is reporting?
So far I have conflicting dates, from Nov 3rd to Nov 10th.

Jeff 11:21 am on Friday, October 14, 2016
Tags: Earnings ( 3,108 )

AZO earnings closed

#Earnings BTC $AZO Oct 21st 800 call for .20. Sold for 2.76 on 9/21. Now flat in AZO; all earnings trades closed yesterday and today.

Jeff 11:02 am on Friday, October 14, 2016
Tags: SPXcampaign ( 2,265 )

SPX puts sold, puts closed

#SPXcampaign Sold to Open Nov 11th 1980/1955 put spreads for 1.30, with SPX at 2137.

Earlier: Bought to close $SPX Oct 20th 2050/2025 put spreads for .20. Sold for 1.30 on Sept 22nd.

Option Iceman 11:01 am on Friday, October 14, 2016
Tags: OptionLadder ( 132 ), ShortCalls ( 979 )

$UVXY #ShortCalls #OptionLadder – sold…

$UVXY #ShortCalls #OptionLadder – sold all these today for next week –
Sold UVXY Oct 21 2016 27.0 Calls @ 0.14
Sold UVXY Oct 21 2016 27.5 Calls @ 0.13
Sold UVXY Oct 21 2016 28.0 Calls @ 0.12

Option Iceman 10:56 am on Friday, October 14, 2016
Tags: CoveredCalls ( 2,202 )

$NUGT #CoveredCalls – since my…

$NUGT #CoveredCalls – since my calls for this week are about to expire, I sold the same strike price for next week.
Sold NUGT Oct 21 2016 14.0 Calls @ 0.35

Option Iceman 10:54 am on Friday, October 14, 2016
Tags: ShortPuts ( 4,764 )

$NUGT #ShortPuts – NUGT has…

$NUGT #ShortPuts – NUGT has been all over today. Sold Puts for next week and then later covered some of this week’s exposure.
Sold NUGT Oct 21 2016 10.5 Puts @ 0.25
Bought to close NUGT Oct 14 2016 13.5 Calls @ 0.80. Originally sold @ 0.85

Option Iceman 10:37 am on Friday, October 14, 2016
Tags: Rollup ( 121 ), ShortCalls ( 979 )

$SVXY #ShortCalls #Rollup Bought to…

$SVXY #ShortCalls #Rollup
Bought to close SVXY OCT 14 2016 70.0 Calls @ 1.11 – originally sold at 5.20
Sold SVXY OCT 21 2016 72.0 Calls @ 1.61
Add just 1 week to my holding period to get a 2 point higher strike price plus a 0.50 credit.

tabortrader 10:36 am on Friday, October 14, 2016

Yellen speaks: Fed might want…

Yellen speaks: Fed might want to run a high pressure economy.
http://tinyurl.com/zj479ek

fuzzballl 10:22 am on Friday, October 14, 2016

WYNN adjustment

Rolled next week’s 108 short puts out to Nov 11 107’s for even. Continuing to sell weekly calls against them.

Short 100 calls expiring today (sold for 1.02)
Short 100 calls next week (sold for 1.27)

Still long a few deltas but don’t want to over hedge. Earnings coming up (Oct 27th) so should be sweet call premium available there.

Sam KS 10:17 am on Friday, October 14, 2016

GLD put spread

GLD Nov16 – 116/110 Put spread sold for $0.60 when GLD at 119.68

fuzzballl 9:19 am on Friday, October 14, 2016

IBB adjustment

Scalping a little and a delta adjustment against a Nov 265 put:

Sold IBB NOV 4 2016 280.0 Call @ 2.40

Should be some resistance up in that area…

Kelly 8:12 am on Friday, October 14, 2016

$SVXY

When $SVXY broke back below $72, I sold my stock. Not liking the way things are trading. My covered call trade was still profitable by about $300 all in.

Kelly 7:26 am on Friday, October 14, 2016
Tags: Market ( 69 )

#MARKET Making new highs on…

#MARKET
Making new highs on the day. Thus far $UVXY has been hanging tough about $17. Come on Vol Suck, daddy needs to sell a $SVXY $75 call for next week. 🙂

rknight52 7:16 am on Friday, October 14, 2016

Oops! Not paying attention.

It pays to pay attention to your trades. Was “trying” to add a call spread to an SPX Oct 28 put spread that I sold yesterday. Instead of selling, I bought an SPX call spread, the Oct 28 2190/2200 for 1.25. It’s still sitting at the same price so I could just get out now and realize it pays to pay attention. Or, I could hold a while and see if today continues to go up and then sell it for a little profit.
Thoughts? You can just tell my I need to pay attention to my orders and I’ll take my lumps and get out of it now. 🙂