#spxcampaign
Bought Back Early
$SPX 12/16 2275/2250 BECS @48% of total loss. If I were prescient and waited the loss would have been reduced by 25%.
$SPX 12/30 2050/2075 BUPS @ 88% profit
STO $SPX 1/13/2017 2105/2130 BUPS @ 1.35
$AAPL
STO 12/16 112 call (covered)
STO 12/23 113 put @ .60
BTC 2 Jan 20 Short 2310 puts at close @ 9.50, sold this morning in a call spread @ 12.00, for a quick 25% gain…
while I got the sell down after the fed conf I wanted, and a close below the 2260 gap-up yesterday, and a reversal signal in my indicators, I will wait for a continuation of the reversal to sell the 2290 short calls…if it moves up a lil before it falls, thats fine also..The bottom of the 2nd Gap-up window is 2245, the 38% retracement of this runup since 12/4 is 2242…if we close the window and break below the 38%, we have a potential 40 point fall zone…if not the 2285 Expansion level looms overhead…stay tuned..
#ContangoETFs #ShortCalls STO DUST Dec 30th 70 call for 2.00.
#spxcampaign
STO Jan 13 2345/2370 call spreads @ 1.35…come on sell side!!!
Thanks for the great conversations today, out of here, to get supplies, before another snow/ice storm hits.
I have no positions on in this weekly so I sold these at the highest strike available.
Sold $DUST Jan 13 75 calls @ 3.00.
It took a little while, but looks like we are seeing some sell the news starting to hit the market.
#SPXcampaign Stopped the following spreads on the Fed volatility.. both a bit too early and not at the lows. I have several rolls I need to sell, and will start doing so soon at the highs and lows of the swings.
Bought to close $SPX Dec 23rd 2275/2300 call spreads for 8.75. Sold for 1.40 on Nov 25th.
Bought to close $SPX Dec 30th 2280/2305 call spreads for 8.00. Sold for 1.30 on Nov 29th.
FOMC raised 1/4 pt, sees 3 more in 2017…
STO VIAB DEC 34 put for .55 cr
STO 2 Jan 17 2310/2390 Call Spread @ 10.00 credit
Taking a little more risk off. Don’t want a good trade to get away with 2 days to go.
Bought to Close EWW DEC 16 2016 45.0 Puts @ .09 (sold for 1.03)
Also collected another 2.04 in premium over the life of the strangle/naked put position. Completely out now so looking for an entry to do it again…
Cleaning this up by closing it to save on exercise commissions.
Sold to close EBAY covered stock @ 27.96.
Stock was covered by 28 strike calls. Cheaper to close myself than wait for exercise even after giving up the 4 cents. Salvaged a wash on an old earnings trade after writing covered calls.
I rolled my 780 call out to the December 23 790 call for a credit of 1.10
#SPXcampaign Bought to close $SPX Dec 21st 2250/2275 call spreads for 14.50. Sold as part of a #CondorRoll for 11.90 on Dec 9th. Rolling to the following condor, moving call short up 10 points:
Sold to Open $SPX Dec 28th 2200/2225/2260/2285 iron condors for 15.15.
This is the #ITMroll strategy for call spreads: roll with minimum of one week left to expiration… slide your short 5 or 10 points up make up the difference by adding a put spread. I will do this again next week if the call side is still threatened.
Options Bistro 