#Earnings Put in orders to buy stock around the expected move, so bought two batches, at 92.50 and 92.00. Will sell tonight if there’s a recovery. Otherwise hold it.
Daily Archives: Thursday, November 10, 2016
NVDA earnings
Going 4 wide iron fly @ 3.20 with expected move of 5.
DIS earnings trade
#Earnings STO $DIS Nov 11th 92/95/98 iron butterfly for 2.03
DUST adding to Dec
Sold $DUST Dec 16 67 calls @ 2.36
NUGT
STO December 16, 10 puts @1.05
DUST
STO December 2, 60 calls @1.40, following the crowd here.
Wells Fargo call spread
WFC dec 16 52.5/55 STO for $0.75
$NUGT #ShortPuts – it looks…
$NUGT #ShortPuts – it looks like we should be prepared for them to undo the last 5 for 1 split soon.
Sold NUGT Nov 11 2016 10.5 Puts @ 0.20 with the stock at 11.26
Sold NUGT Nov 18 2016 10.0 Puts @ 0.45 with the stock at 11.23
Spx trade
Closed my Spx 2170 put trade got my 4.00 . Today I’m selling the 2175 call for 6.00 expires tomorrow I will close the trade once I hit my 4.00 profit target.
BTW I’m using a hybrid data mining software for my trades not just guessing. Seems to be working ok for my directionals, a little unnerving not have any protection.
GS…impressive
Out of the trade that was discussed earlier. Still holding the Jan 2018 bull put spreads that are doing quite nicely. Might help to make up a little for my upside being capped with the short call sale. In a similar trade with AMZN Jan 2019 that I’m considering adding to also.
CMG call
#Earnings #shortstrangles
STO $CMG Dec 16th 420 call for 6.00. Paired with a 350 put, as a roll-out from busted earnings trade last month.
TLT
Bought to Close TLT NOV 18 2016 128.0 Calls @ .12
Don’t have the current basis on those since I’m a couple days behind on my paper work (gallbladder and all…LOL) I do remember that they started out higher and rolled down a couple times so decent trade.
Then:
Sold TLT DEC 16 2016 126.0 Calls @ 1.28
NUGT
BTC NUGT Nov18’16 17 CALL @ 0.10, sold for 0.80 on 10/07/16
Closing CMG
Bought to close $CMG Dec 16 355 puts @ 4.40. Sold for 14.13 (as a rollout) on 11/1. This position was rolled twice, and today’s big move up allowed me to close it for an overall profit.
UVXY call spreads
Bought to Close UVXY NOV 18 2016 30.0/40.0 Bear call spreads @ .03 (sold for 1.32)
$AAPL #ShortPuts – Sold AAPL…
$AAPL #ShortPuts – Sold AAPL Nov 18 2016 102.0 Puts @ 0.48 with the stock at 107.15. These expire in 6 days.
DUST calls
Sold $DUST Dec 2 60 calls @ 1.00. Highest strike.
The Presidential Transition will be…
The Presidential Transition will be most interesting to watch, Jamie Dimon’s name has been floated for Treas Sec….”most interesting!”
PS: not related to above – Veteran’s Day tomorrow, market open, banks closed. Thanks for your service!
$UVXY #CoveredCalls – Sold UVXY…
$UVXY #CoveredCalls – Sold UVXY Nov 18 2016 28.0 Calls @ 0.16
$SVXY buy stock at $73.73…
$SVXY buy stock at $73.73 to cover $75 calls expiring tomorrow.
Trades
$FB STO 11/25 115 put @ 1.55
$NUGT STO 11/11 11 put @ .20 Thanks Iceman. Could not resist all those 11’s
$SVXY STO 11/18 65 put @ 1.20 Thanks Thornberg. Will close if reach 50% profit.
Closed
$NUGT BTC 1.20/2017 21 calls @ .80. Sold for $20 on April 8th.
What is up/down with FANG stocks ??
FANG Stocks all going south. What are the reasons ?? in this generally positive mood ??
SVXY puts sold
STO $SVXY Nov 18 65 puts @ .95 stock at 73.86 in Trad IRA acct.
NFLX put sold
#Earnings STO $NFLX Dec 16th 115 put for 3.15, adding to the position.
NFLX, wow!
NFLX, wow! FB, GOOGL, AAPL, AMZN, wow!
DISH trade closed
#Earnings BTC $DISH Nov 11th 53/59 strangles for .25. Sold for 1.30 on Tuesday.
Also, BTC $PRGO Nov 11th 75 puts for .05. Sold yesterday in the 75/93 strangles for 1.40. Order in to close the call side.
$SVXY
Just got a crazy fill.
STO Dec 2 $55 puts @ $1.00
$NUGT #ShortPuts #ScalpTrade – what…
$NUGT #ShortPuts #ScalpTrade – what ever happened to the idea that Gold was going to spike after the election?
Sold NUGT Nov 11 2016 11.0 Puts @ 0.20 with the stock at 12.10. These expire tomorrow.
$UVXY #ShortCalls #ClassicVXXGame – Bought…
$UVXY #ShortCalls #ClassicVXXGame – Bought to close some UVXY2 Jan 20 2017 170.0 Calls @ 0.01.
These can’t drop any lower, they still have 72 days until expiration, and I replaced them with calls expiring next week for a lot more premium.
These were sold in September 2015 and Jan 2016 at an average of 14.75. A massive gain. The long stock is currently trading at a lower total price.
$REGN #ShortPut – Bought to…
$REGN #ShortPuts – Bought to close 1 NOV 18 2016 230.0 Put @ 0.05.
This illiquid option was sold during the Brexit spike down on 06/27/16 for 4.75.
Because it is a high priced stock, I covered it a bit early to release margin .
NDX down strong… others following?
NDX down strong… others following?
REGN roll
#Earnings This one was looking good until Hillary went and lost the election. Now Biotech soaring.
Last Thursday I sold the REGN Nov 11th 310/372.5 strangle for 6.40. All looked peachy until it started rocketing. So I’m rolling a strike higher and will sell puts against it. We’ll call it the #FuzzTrade
BTC REGN Nov 11th 372.5 call for 55.00
STO REGN Dec 2nd 375 call for 55.65
STO REGN Nov 11th 410 put for .85 (expires tomorrow)
STO REGN Nov 18th 400 put for 3.25
SPX puts closed
#SPXcampaign In the pre-market, the following spreads closed:
Bought to close $SPX Nov 17th 1990/1965 put spreads for .20. Sold for 1.45 on Oct 20th.
Bought to close $SPX Dec 2nd 1895/1870 put spreads for .20. Sold for 1.40 last Thursday.
SPX calls sold
#SPXcampaign Sold to Open $SPX Dec 9th 2245/2270 call spreads for 1.25, with SPX at 2176.
Good week for earnings so far…
#Earnings Strangles on JAZZ, DISH, PRGO all working.
GS ideas anyone?
A few months ago I put on a long term trade in Jan 2018. Sold put spreads and bought calls and as a basis reduction was selling short term calls. I sure didn’t see a 20 point 4 day move coming so the short calls are DITM with no rolling options available without going out to April (ouch).
It’s nicely profitable so:
1. Considering just taking the whole thing off and maybe waiting for a pullback to re-enter….possibly holding the 2019 bull put spreads to at least make a little if it continues up.
2. Roll short calls out to April and see what happens. Could still close the whole thing when it finally peaks. April roll to 175 would reduce short deltas a little so not a bad deal.
3. Anything I’m missing on how to handle this? If Janet raises in December we could really see this thing head higher.
First post of the day!
After gallbladder removal yesterday! LOL Glad to be here….
Options Bistro 