Jeff 1:08 pm on Monday, November 7, 2016
Tags: SPXcampaign ( 2,265 )

When a neighbor calls

#SPXcampaign While working my order to exit the 2120 calls with SPX in the 2125 area, my doorbell rang so I went and answered a question from my neighbor. About 3 minutes away from the computer caused about a $3K loss. Market took off and now I’m letting it exercise. I continue my streak of horrible exits from ATM/ITM spreads!

Exercised: Nov 7th 2120/2140 call spreads for 11.50. Sold Friday for 1.35.
Sold two put spreads expiring Wednesday as a partial roll:
STO Nov 9th 2100/2075 put spreads for 4.50
STO Nov 9th 2025/2000 put spreads for 1.30.

Also, expiring today:
Nov 7th 2065/2040 put spreads, sold Friday for 1.45.

jdietz1954 1:01 pm on Monday, November 7, 2016

$SVXY

Well, while I was poking around here earlier I set up a sell to cover call, selling the Nov 11th 80 call for 1.05. Caught the earlier pop at 3:15 this afternoon. Now its back to hiding under the bed. Have a great afternoon.

thomberg1201 12:45 pm on Monday, November 7, 2016

AMZN Sold Dec. 16 850/860…

AMZN

Sold Dec. 16 850/860 call spread for 1.02.

Jeff 12:35 pm on Monday, November 7, 2016

Glad I waited before rolling…

Glad I waited before rolling my 2120/2140 spread. Maybe I’ll even get out for free…

Jeff 11:45 am on Monday, November 7, 2016

Did Charles Evans (Fed) say…

Did Charles Evans (Fed) say something scary?

jdietz1954 10:46 am on Monday, November 7, 2016

$SVXY

Popped in to see how the relief rally was going and write up a trade. Sold Nov 11th 77 Calls at 1.55 when SVXY was at 70.80. These are covered by long stock that was originally covered by Nov 4th 75 Calls that obviously expired last Friday. Otherwise sitting on my hands out in the gardens.

Option Iceman 9:47 am on Monday, November 7, 2016
Tags: ShortPuts ( 4,763 )

$SVXY #ShortPuts – Sold SVXY…

$SVXY #ShortPuts – Sold SVXY Nov 11 2016 51.0 Puts @ 0.32 with the stock at 71.18.
These expire Friday.

Jeff 9:37 am on Monday, November 7, 2016
Tags: ContangoETFs ( 446 )

DUST calls sold

#contangoetfs STO DUST Nov 18th 50 calls for 1.55
STO DUST Dec 9th 60 call for 1.90 (thanks, @Ramie77)

fuzzballl 9:13 am on Monday, November 7, 2016

/ES closing the hedge

This looked a whole lot better until yesterday evening…

Bought /ES @ 2123.50 (sold for 2161.25)
Bought /ES DEC 16 2120 PUT @ 41.75 (sold for 27.25)

Net gain of 23 points so not bad. I could sit on the put but not real comfortable with a naked put going into tomorrow.

Still short a Dec 2140 call @ 21.50 so looking to get short again up around 2160 if we keep going up…

Ramie 9:08 am on Monday, November 7, 2016

DUST calls

Sold $DUST Dec 9 (weekly) 60 calls @ 2.00. Highest strike.

Option Iceman 9:04 am on Monday, November 7, 2016
Tags: CoveredCalls ( 2,201 )

$SVXY #CoveredCalls – Sold SVXY…

$SVXY #CoveredCalls – Sold SVXY Nov 11 2016 81.0 Calls @ 0.60 with the stock at 71.32
These expire in 5 days.

rknight52 8:58 am on Monday, November 7, 2016

SPX calls rolled

$SPX Nov 7 2125/2135 calls rolled to Friday, Nov 11 2150/2160 for additional credit.
Never thought 2125 would be breached on the upside today, but it has, so gotta go with the flow.
Will Friday hold after the market settles in after the election? Who knows, I sure don’t.
Anyone have a crystal ball that’s not in the shop?

fuzzballl 8:57 am on Monday, November 7, 2016

Just got in…wow!

What the heck did you guys do? That’s a lot of green!

Jeff 8:08 am on Monday, November 7, 2016
Tags: PlayingWithFire, SPXcampaign ( 2,265 )

SPX calls sold

#SPXcampaign #PlayingWithFire
Sold to Open $SPX Nov 9th 2165/2180 call spreads for 1.75. Already short a 2150 for that day, and a 2120 today. Thought I could sneak out of today’s expiration but looks like I will need to roll.

Option Iceman 7:40 am on Monday, November 7, 2016
Tags: ShortPuts ( 4,763 )

$SVXY #ShortPuts– Sold SVXY Nov…

$SVXY #ShortPuts– Sold SVXY Nov 11 2016 59.0 Puts @ 1.05 with the stock at 70.62.
These expire in 5 days.

Jeff 7:11 am on Monday, November 7, 2016
Tags: Earnings ( 3,108 )

PCLN earnings

#Earnings Over last 3 years, Biggest 5-day UP move: 15.6%, Biggest 5-day DOWN move: -8.7%, Average 5-day move: 6.4%.

I’m looking to sell Nov 11th 1275 puts for 3.50-4.00. This strike is about 12% OTM, so far above the average move, decently above the largest down move. TOS has expected move at +/- 6.1%.

Due to larger historical moves up, I’ll skip the call side or consider farther OTM.