#Expire
$FB 115 put
#spxcampaign
$SPX STO 12/12 2120/2145 BUPS @ 1.65
#Closed Early
$SPX 12/9 1950/1075 BUPS @ 93% profit
#Complete Loss
DE 90/92.5/95 iron butterfly
#Trade Sell Put
$FB 12/15 115 @.80 (replace one that just expired)
Daily Archives: Friday, November 25, 2016
#OptionsExpiration for 11/25 Only 2…
#OptionsExpiration for 11/25
Only 2 today:
$DUST 11/25/2016 70 calls
$UVXY 11/25/2016 35 calls
No assignments.
Have a great rest of your long weekend everyone.
$SVXY ShortCalls – Bought to…
$SVXY ShortCalls – Bought to close SVXY Nov 25 2016 85.0 Calls at 0.10 and 0.15 after the market closed.
I was not happy about having to cover, but I did make money on both trades.
#OptionsExpiration #Weeklys #Nov25 – Liquidated…
#OptionsExpiration #Weeklys #Nov25 – Liquidated some more SVXY that barely escaped assignment a week ago at 81.50. So I’ve raised more cash. Everything else expired or was rolled earlier today.
— Expirations —
AAPL (Weekly) Nov 25 2016 100 Puts
DUST (Weekly) Nov 25 2016 70 Calls
MYL (Weekly) Nov 25 2016 42.5 Calls (Covered)
NKE (Weekly) Nov 25 2016 47.5 Puts
SVXY (Weekly) Nov 25 2016 40 Puts
SVXY (Weekly) Nov 25 2016 45 Puts
SVXY (Weekly) Nov 25 2016 50 Puts
SVXY (Weekly) Nov 25 2016 66.5 Puts
UA (Weekly) Nov 25 2016 30 Puts
UVXY (Weekly) Nov 25 2016 35 Calls
— Assignments —
SVXY (Weekly) Nov 25 2016 82 Calls (Covered)
SVXY (Weekly) Nov 25 2016 83.5 Calls (Covered)
$DUST #SHORT CALLS #GOLD roll…
Options Expiration 11/25/16
#OptionsExpiration #SPXcampaign #Earnings #ShortPuts #IronButterfly #ContangoETFs
— Expired —
DUST 35 puts
REGN 390 put
SPX 2150/2125 put spreads (sold for 2.70 on Nov 15th)
SPX 2175/2150 put spread (sold for 14.00 on Oct 13th)
— Expired with max loss —
DE 90/92.5/95 iron butterfly
SPX close @ 1:15 today?
SPX close @ 1:15 today?
$SVXY #ShortCalls #Rollup – Bought…
$SVXY #ShortCalls #Rollup – Bought to close SVXY Nov 25 2016 83.5 Calls / Sold SVXY Dec 9 2016 87.0 Calls for a 0.68 Credit. Bumped the strike price up 3.5 points
Option Expiration
Only one expiration today.
SVXY, 45 puts, sold @0.55
Have a nice weekend.
I just received a 1…
I just received a 1 year Happy Anniversary from WordPress. Many thanks again to Jeff for this great site, and also to those of you for sharing your expertise here.
Pssst…about 20 minutes to market…
Pssst…about 20 minutes to market close! Early day today gives you time to prepare for Cyber Monday…
No expirations this week.
Have a great weekend.
SPX Trade
STO 2 Dec 23 2040/2140 BUPS at 6.06 ( credit of 1212.00 )
#spxcampaign #rolling Rolled Dec. 2,…
Rolled Dec. 2, 2220/2245 to Dec. 5 2220/2240 for a .90 credit.
#spxcampaign Fingertips not strong enough…
#spxcampaign
Fingertips not strong enough to hold on.
$SPX 11/25 2235/2210 BECS BTC @ .75 for 42% profit
REGN fat-fingered roll
#Earnings #ShortPuts #Rolling Was trying to make this roll with a $1 credit but turkey-induced droopiness led to the reverse, a 1.10 loss. Oh well… not much in the scheme of inverse strangles…
BTC REGN Nov 25th 420 put for 22.00
STO REGN Dec 9th 415 put for 20.90
SPX Trade
#spxcampaign
As we bump the 2210( 61% fib Ext ) I took my Dec16 Spread profit….
BTC 2 Dec16 2080 short puts at 2.50, sold on 17-Nov at 6.20
A view from the top..
From a trusted Pro I chart and trade with:
This type of move never lasts forever. Meaning, it would be no surprise to see the markets reverse themselves as soon as Monday. However, I don’t think any potential reversal is going to last all that long. More importantly, if we do get a bit of a pullback, it may simply end up offering us some better entry points into certain bullish ideas.
SPX calls closed, both short and long
#SPXcampaign We are up only .25% on the day, and pushing higher. I don’t want my short 2210’s to fly up in price. So…
Bought to close $SPX Nov 25th 2210 calls for .85. Sold as the 2210/2235 call spreads for 1.50 on Oct 28th.
To offset the loss, I am closing my long Dec 5th call spread I bought for 1.90 on Monday. Closed some for 2.95, watching the rest for the next push up. I would keep this longer, but since it expires a week from Monday and is still fairly far OTM, I’m exiting now as a pullback could be coming next week.
Sold to close $SPX Dec 5th 2230/2250 LONG call spreads for 2.95.
I remain bullish into Xmas, but believe a pullback could be in the cards before another push higher. After Xmas, I will be on guard for January volatility, since we have seen that happen in the last THREE Januarys (2014,2015,2016).
$NUGT #ShortPuts #RollOut – Bought…
$NUGT #ShortPuts #RollOut – Bought to close NUGT NOV 25 2016 8.5 Puts / Sold NUGT DEC 16 2016 7.5 Puts @ 0.21 Credit
$AMGN #ShortPuts #FallingKnife – Bought…
$AMGN #ShortPuts #FallingKnife – Bought to close AMGN DEC 2 2016 125.0 Puts @ 0.01. They won’t trade any lower.
$NUGT #ShortPuts #RollOut – Bought…
$NUGT #ShortPuts #RollOut – Bought to close NUGT NOV 25 2016 9.0 Puts / Sold NUGT DEC 23 2016 8.0 Puts @ 0.15 Credit
$SVXY #ShortCalls #Rollup – Bought…
$SVXY #ShortCalls #Rollup – Bought to close SVXY Nov 25 2016 80.0 Calls / Sold SVXY Dec 23 2016 85.0 Calls for a 0.20 Credit. Bumped the strike price up 5 points to an out of the money strike.
SPX calls sold
#SPXcampaign Sold to Open $SPX Dec 23rd 2275/2300 call spreads for 1.40, with SPX at 2209.
$CF #CoveredCalls #Rollup – Bought…
$CF #CoveredCalls #Rollup – Bought to close CF Nov 25 2016 28.0 Calls @ 0.45 / Sold CF Dec 16 2016 30.0 Calls @ 0.58 with the stock at 28.44.
Earned all the time premium on today’s call and made money on the trade while jumping the strike price on a strong stock by 2 points plus a 0.13 Credit.
#spxcampaign STO Dec 12 SPX…
#spxcampaign STO Dec 12 SPX 2145/2120 at $1.80 when the SPX was at 2107.77
Options Bistro 