Sold $DUST Nov 25 70 calls @ 1.20. Highest strike.
Monthly Archives: November 2016
DUST bowl roll
#ContangoETFs #Rolling
BTC $DUST Nov 18th 50 call for 5.00. Sold for 1.55 on Monday.
STO $DUST Dec 16th 63 call for 5.25
NUGT
I am out of all my positions in this ETF. I took my hit and will never trade this one again.
Gold tanking, DUST flying.
Gold tanking, DUST flying.
$DUST sell a buy write…
$DUST sell a buy write 49.50, today’s 50 call for 1.10 for ROI of 3.3%
NUGT roll
Rolled today’s in the money $NUGT 11 puts out 2 weeks to a 8/10 strangle (11/25 expiration) for .15 credit.
SPX puts sold
#SPXcampaign Sold to Open $SPX Dec 9th 2025/2000 put spreads for 1.50, with SPX at 2161.
NUGT
BTC January 20, 37 call @0.10
DIS after bell Earnings stock
#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.
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 Expiration 11/9/16
#SPXcampaign #OptionsExpiration
–Expiring–
SPX Nov 9th 1990/1965 put spreads. Sold for 1.90 on Friday.
SPX Nov 9th 2025/2000 put spreads. Sold for 1.30 on Monday.
SPX Nov 9th 2100/2075 put spreads. Sold for 4.50 on Monday.
Expired
$SPX 11/9 2200/2175 BECS STO 11/7 for 1.20 Jeff rocks
Closed DITM Spread
I was following Jeff with an intentional DITM SPX BuPS to learn how to manage fear. After the last 3 days it’s no longer as DITM, I saw some decent green, and I’m thinking MAYBE the market might pull back and I can get back in later to continue following his trade, so… BTC SPX 25nov16 2175/2150 BuPS @ 10.00, originally sold for 13.00 three weeks ago when SPX was a lot lower. Coulda got more, but hey I’m happy! Thanks Jeff.
Spx trade
I’m selling the nov 11 2170 put for 10.60 with the idea spx will continue to go up tomorrow. I have my stop set for 6.60 to close with 4.00 profit. I will close his trade tomorrow in all cases.
Closed Early
$SPX 11/11 1965/1990 BUPS @ 91% profit
After noticing the incredible drop in futures starting at 8 PM last night I never expected to get out for a profit on my $SPX BUPS. I know nothing. The market knows all.
Similarly, I though last night my BECS $SPX spreads were safe. Not so much. Palpitations anyone?
SPX call spreads stopped
#SPXcampaign Couldn’t get a break again, fourth day own a row I’ve been hit with ATM stops. This is all due to my aggressive selling of short-term, near-the-money spreads… these are NOT the usual SPX campaign trades.
Bought to close $SPX Nov 9th 2165 calls for 3.90. Sold as the 2165/2180 call spreads on Monday for 1.75.
Bought to close $SPX Nov 11th 2165/2190 call spreads for 9.35. Sold for 1.70 on Nov 4th.
Working on rolls for both. Plan to sell aggressive call spreads.
PRGO Earnings
#Earnings Sold to Open Nov 11th $PRGO 75/93 strangles for 1.40. Biggest UP move: 7.3%, Biggest DOWN move: -10.2%, Average move: 5.6%. These strikes are +10.2% and -11.1% OTM
#Iron Condor Completed by STO…
#Iron Condor
Completed by STO
$SPX 12/9 2260/2235 BECS @ 1.50
Earlier STO $SPX 12/9 1950/1975 BUPS @ 1.40
Adjusting TLT calls
Rolled $TLT Dec 16 136 calls down and out to Dec 23 130 calls for .75. These are sold against my in the money Dec 136 puts which have gotten hammered today.
Trades
$UVXY STO 11/11/18 call @ .4
$SPX 12/9/20161950/1975 BUPS @ 1.40
$UVXY BTC 12/16 55 calls @ .30 STO for 4.40 on 9/13
$SPX BTC 11/23/2016 1955/1980 BUPS @ .60 STO for 1.25 on 10/28
SPX spread trades
#SPXcampaign Earlier trades:
STO Dec 9 1975/1950 puts @ 1.40 with SPX @ 2131
STO Dec 9 2235/2260 calls @ 1.35 with SPX @ 2155
Whether you are red or blue, let it be known that the left coast is all “green,” yes, California approved recreational pot yesterday! So, one can safely travel the length of the coast enjoying every moment!
$CVS #CoveredCalls #OptionLadder – Sold…
$CVS #CoveredCalls #OptionLadder – Sold CVS Dec 23 2016 80.0 Calls @ 0.84 with the stock at 75.70.
Adding on to my position.
REGN adjustment
Aggressive adjustment on an in and up roll. If this run up holds I’ll book the big profit on this put much sooner.
Rolled Dec 9th 365 put in and up to Nov 18th 395 @ even. This is against an ITM call in same expiration. Hopefully, the put will expire and I can book it (sold for 17.90) and then roll the ITM call out to a new strangle. It’s hard to defend an 85 point move in 4 days but this might work if it holds above 400.
SVXY adjustment
Rolled this week’s 70 strike #CoveredCalls to next week’s 72’s @ .15 debit. A little late on this…probably could’ve gotten a credit earlier.
RUT On Oct 21 I…
RUT
On Oct 21 I followed a TT calendar sold a Nov. 18 1200 put and bought a Dec. 16 1200 put for an 11.23 debit and it immediately went under water, until today. I closed it and made $146. I have a lot to learn about the calendars. I closed mine before the TT people closed theirs, and I did better-luck is a good thing.
$CF #CoveredCalls – Sold CF…
$CF #CoveredCalls – Sold CF Nov 18 2016 27.0 Calls @ 0.12 with the stock at 24.99
EWW adjustment
Closing and re-selling the call side of 46/54 strangles. Still holding the Nov monthly 46 puts…
Bought to Close EWW NOV 18 2016 54.0 Calls @ .02
Sold EWW NOV 25 2016 50.0 Calls @ .65
TLT
Bought to Close TLT NOV 11 2016 131.0 Calls @ .06 (sold for .71)
Sold TLT NOV 18 2016 128.0 Calls @ .75
Selling every week against DITM puts…(similar to a covered call at this point)
WYNN
Bought to Close WYNN NOV 11 2016 92.0 Calls @ .07 (sold for 2.35)
Sold WYNN NOV 18 2016 89.0 Calls @ .90
Selling every week against DITM puts…(similar to a covered call at this point)
$UVXY
Premium drying up fast. Made 2 more small trades.
STO Nov 25 $27 calls @ $0.45
STO Nov 25 $28 calls @ $0.40
Unless premiums improve, I’m probably done with #VxxGame trades for today.
SPX put spread sold
#SPXcampaign Sold to Open $SPX Dec 9th 1975/1950 put spreads for 1.40,m with SPX at 2130. Back to my normal spread selling, as several extra spreads will be expiring today.
GLD adjustment
Rolled 121 calls out a week @ .30 credit selling against 122 puts.
AAPL
Bought to Close AAPL NOV 11 2016 112.0 Calls @ .11 (sold for 1.15)
Sold AAPL NOV 18 2016 109.0 Calls @ 1.32
Selling against Dec 2nd 110 puts…
$BMY #ShortPuts – Bought to…
$BMY #ShortPuts – Bought to close BMY NOV 11 2016 45.0 Puts @ 0.01. They can’t go any lower
$SOXL $LABU
Reduced position in $LABU stopped out at 38.75
$SOXL Opened new position @ 43.70
RGLD covered call
#CoveredCalls #Earnings #LongStock Glad to see this stock position recovering, after being assigned shares then watching it dip to mid 60’s.
STO $RGLD Nov 18th 82.5 covered call for .75
SPX puts closed
#SPXcampaign I went to bed thinking I’d be rolling under water put spreads…. instead my close orders are filling.
Bought to close $SPX Nov 11th 1980/1955 put spreads for .20. Sold for 1.30 on Oct 14th.
Bought to close $SPX Nov 17th 1960/1935 put spreads for .20. Sold for 1.50 on Oct 17th
$CVS #CoveredCalls #OptionLadder – Sold…
$CVS #CoveredCalls #OptionLadder – Sold CVS Dec 23 2016 80.0 Calls @ 0.67 with the stock at 74.47
Really Strange
That’s a weird open following Armageddon futures!
$UVXY #ShortCall #VXXGAme – sold…
$UVXY #ShortCalls #VXXGAme – sold only these this morning. A disappointing start. I wanted the VIX much higher.
Sold UVXY Dec 16 2016 55.0 Calls @ 0.60 with the stock at 15.46
Sold UVXY Dec 23 2016 35.0 Calls @ 1.20 with the stock at 15.87
Options Bistro 