A massive rally in oil led to a big rally in oil stocks, and conversely a big sell-off in sectors that might get hurt from higher inflation. Bonds also got walloped as any whiff of inflation hits that futures product hard. With Bonds near their October 2015 lows, while the SPX is near an all-time high some real portfolio adjustment is just about to hit the market. The HUGE standout today were the FNMA stocks. – From Another Site…
Daily Archives: Wednesday, November 30, 2016
#spxcampaign Expired at Full Profit…
#spxcampaign
Expired at Full Profit
$SPX 2145/2170 BUPS Sold @ 2.40 Thank you Jeff
$SPY
I’m willing to get long the S&P @ 2150 so, STO $SPY Dec 16 $215/$205 BuPS @ $.62
#spxcampaign Going With Jeff $SPXY…
#spxcampaign
Going With Jeff
$SPXY 12/7/2016 2265/2240 BECS @ 1.75
$SPXY 12/7/2016 2150/2175 BUPS @ 2.85
Half Of @thomberg1201 tasty trade
$SPX 1/20/2017 2080/2100 BUPS @ 2.30
$MCO #CoveredCalls – Sold MCO…
$MCO #CoveredCalls – Sold MCO Dec 16 105.0 Calls @ 0.33. Getting what I can with time running out on this contract.
#shortstrangle EWW Closed Jan. 20…
EWW Closed Jan. 20 38/48 for 36, sold for 103 on Nov. 18
$FNMA
Hope no one was short calls on this thing. 🙂
$MRO #CoveredCalls – Sold MRO…
$MRO #CoveredCalls – Sold MRO DEC 2 2016 18.5 Calls @ 0.20. These expire Friday
$SVXY #ShortCalls – a couple…
$SVXY #ShortCalls – a couple of trades today to raise my breakeven levels
Bought to close SVXY Dec 2 2016 90.0 Calls @ 0.05
Sold SVXY Dec 23 2016 95.0 Calls @ 1.15
Sold SVXY Dec 30 2016 95.0 Calls @ 1.60
#spxcampaign #ironcondor #tastytradefollow SPX Jan….
#spxcampaign #ironcondor #tastytradefollow
SPX Jan. 20 2080/2100/2200/2220 for 13.80
$MNK #ShortPuts #FallingKnife – Sold…
$MNK #ShortPuts #FallingKnife – Sold MNK Jan 20 2017 40.0 Puts @ 0.90
SPX extra puts sold
#SPXcampaign Since I sold Dec 7th calls this morning, just sold some puts to offset them:
Sold to Open $SPX Dec 7th 2175/2150 puts for 2.70, with SPX at 2205.
I’m now trading in a pretty tight range, 2190 to 2230, through Friday the 9th. I’m hoping strong moves in either direction wait until after that! But, #Jobs report is this Friday…
/ES Eminis
#FibwizardStyle SOLD /ES DEC 30 2016 (EOM) 2110/2010 Bull put spreads @ 4.80
Selling against a short call…
GS
#ShortPuts – Aggressive here so will be watching closely…
Rolled Dec 16th 200 puts out and up to Dec 23rd 210 puts @ 1.33 credit.
Total credit now up to 2.58…
$DUST #SHORT CALLS STO BeCS…
$DUST #shortcalls
STO BeCS Dec 2 55/65 spread for $2.40 credit. My plan is to buy the underlying if price rises to $56 between now and expiration. It appears to be making lower highs/lows since 11:30 today.
TLT
#ShortCalls – Still selling weeklies against ITM puts.
Sold TLT DEC 9 2016 120.5 Calls @ .96
GLD
#ShortCalls – Still selling weeklies against ITM puts.
Sold GLD DEC 9 2016 112.5 Calls @ 1.22
#shortputs USO Closed Dec. 16…
USO Closed Dec. 16 and Jan. 16 9.5 puts bought yesterday and Nov. 3, made 60%. I won’t bet that some of the worst people in the world keep their word of honor to each other.
GOOGL
#CoveredCalls #IRA Setting up next week…
Buy to Close GOOGL DEC 2 2016 792.5 Call @ .96 (sold for 2.63)
Sold GOOGL DEC 9 2016 790.0 Call @ 4.77
$NUGT #SHORT CALLS #GOLD entered…
$DUST #coveredcalls #GOLD
entered a buy write net $53.40 for a Dec 02 $56 call. If exercised 4.87% ROI, so I have protective stop at $54.50
AMZN
#CoveredCalls#IRA Setting up next week…
Bought to Close AMZN DEC 2 2016 790.0 Call @ .21 (sold for 4.68)
Sold AMZN DEC 9 2016 775.0 Call @ 3.67
New Trade
Sold to open, 2ea Dec 30 2010/2110 BUPS for a credit of 4.45 per spread, 890.00 Total
BTO 2 Dec 30 2010 puts at 2.45, debit at 490.00, purchased at Delta 5
STO 2 Dec 30 2110 puts at 6.90, credit at 1380.00, purchased at Delta 13
SPX was at 2206 at the time..or thereabouts
Closed SPX Trade
BTC 2 Dec 07 2140 Short puts at $1.30, prev sold on 21-Nov,at $4.20, for a 60% win.
Since this was a Roll or second short put sold against my original long side, this week is closed out, as the price of the next Delta-12 Put is too close to current mkt price of 2210.
XOP here goes $XOP as…
XOP here goes $XOP as OPEC agrees to cut production. XOP up 10.5%
DUST calls
Sold $DUST Dec 23 85 calls @ 1.50. Highest strike.
#spxcampaign Closed early $SPX 12/9…
#spxcampaign
Closed early
$SPX 12/9 1985/2010 BUPS @ 92% profit
#BUPS
$GOOGL STO 12/23 750/760 BUPS @ 1.00
BERY, SHORT puts
STO January 47.5 puts @0.70
TIF closed
#Earnings BTC $TIF Dec 2nd 73 puts for .01. Sold with 73/85 strangle for 1.14 on Monday. Total trade closed for .11
$CVS #CoveredCalls – Sold CVS…
$CVS #CoveredCalls – Sold CVS Feb 17 2017 85.0 Calls @ 0.54 with the stock at 76.78. Strike is above the gap caused by the last earnings report and is paired against long stock acquired at 80.
As WalgreensBoots hits new highs, it’s dragging CVS up with it.
SPX calls sold
#SPXcampaign Sold to Open $SPX Dec 7th 2240/2265 call spreads for 1.75. These should expire next Wednesday. Completion of my rolls from stopped call spread yesterday.
New all time highs on SPX this morning.
Options Bistro 