#OptionsExpiration for Dec monthly Expiring:…

#OptionsExpiration for Dec monthly
Expiring:
$AMZN 12/16/2016 700.00 puts
$AMZN 12/16/2016 730.00 puts
$DIA 12/16/2016 167.00 puts
$DUST 12/16/2016 70.00 calls
$DUST 12/16/2016 90.00 calls
$NKE 12/16/2016 47.50 puts
$NUGT 12/16/2016 10.00 calls
$NUGT 12/16/2016 10.20 calls
$NUGT 12/16/2016 10.40 calls
$NUGT 12/16/2016 11.00 calls
$SVXY 12/16/2016 45.00 puts
$SVXY 12/16/2016 61.00 puts
$SVXY 12/16/2016 68.00 puts
$TWLO 12/16/2016 34.00 calls (covered)
$TWTR 12/16/2016 19.00 calls (covered)
$UVXY 12/16/2016 35.00 calls
$UVXY 12/16/2016 55.00 calls
$WHR 12/16/2016 140.00 puts
$WYNN 12/16/2016 80.00 puts

Assignments (stock being called away):
$SVXY 12/16/2016 65.00 calls
$SVXY 12/16/2016 70.00 calls
$SVXY 12/16/2016 71.00 calls
$SVXY 12/16/2016 75.00 calls
$SVXY 12/16/2016 80.00 calls

Hope you all have a relaxing weekend.

#OptionsExpiration As $UVXY call premium…

#OptionsExpiration
As $UVXY call premium was drying up, I was switching over to selling $SVXY puts, so quite a few of those expiring today.

$SPY $215/$205 BuPS’s
$SVXY $40 puts
$SVXY $42 puts
$SVXY $45 puts
$SVXY $60 puts
$SVXY $62 puts
$SVXY $64 puts
$SVXY $65 puts
$SVXY $68 puts
$SVXY $70 puts
$SVXY $82 puts
$UVXY $19 calls
$UVXY $55 calls
$VXX $28 calls
$VXX $32 calls
$VXX $70 calls

Have a great weekend everyone
#VXXGame

#OptionExpiration

#OptionExpiration
Expired
SVXY Dec 16th 70 Put
SVXY Dec 16th 60 Put

Assigned
SVXY Dec 16th 85 Call

Have a great weekend and stay warm.

#OptionsExpiration #Monthlys #Dec16 – monthly…

#OptionsExpiration #Monthlys #Dec16 – monthly expirations are always big ones.
Plenty of #FallingKnife Put sales expired. $NUGT and $DUST mostly cooperated.
A Huge number pf Volatility trades rolled off ($SVXY Puts and $UVXY Calls).
Only one small put assignment in a decent stock and a large sale of SVXY generated a lot of cash and a big year end profit.

Only 2 more weekly cycles in this tax year.

— Expirations —
AGN Dec 16 2016 175 Puts
AMGN Dec 16 2016 120 Puts
AMGN Dec 16 2016 125 Puts
BMY Dec 16 2016 50 Puts
BMY Dec 16 2016 52.5 Puts
BMY Dec 16 2016 55 Puts
CF Dec 16 2016 30 Calls
CVS Dec 16 2016 69 Puts
CVS Dec 16 2016 75 Puts
CVS Dec 16 2016 80 Calls
DUST Dec 16 2016 35 Puts
DUST Dec 16 2016 70 Calls
DUST Dec 16 2016 90 Calls
ESV Dec 16 2016 6 Puts
FOSL Dec 16 2016 21 Puts
FOSL Dec 16 2016 22 Puts
FSLR Dec 16 2016 30 Puts
ILMN Dec 16 2016 115 Puts
INTC Dec 16 2016 32 Puts
MCO Dec 16 2016 105 Calls (Covered)
RCL Dec 16 2016 55 Puts
SDRL Dec 16 2016 4 Calls (Covered)
SNI Dec 16 2016 50 Puts
SPLS Dec 16 2016 7 Puts

SVXY Dec 16 2016 38 Puts
SVXY Dec 16 2016 39 Puts
SVXY Dec 16 2016 40 Puts
SVXY Dec 16 2016 40 Puts
SVXY Dec 16 2016 41 Puts
SVXY Dec 16 2016 42 Puts
SVXY Dec 16 2016 43 Puts
SVXY Dec 16 2016 44 Puts
SVXY Dec 16 2016 59 Puts
SVXY Dec 16 2016 61 Puts
SVXY Dec 16 2016 61.5 Puts
SVXY Dec 16 2016 62 Puts
SVXY Dec 16 2016 68 Puts
SVXY Dec 16 2016 95 Calls

SWN Dec 16 2016 10 Puts
SWN Dec 16 2016 13 Calls
UAA Dec 16 2016 27.5 Puts
UAA Dec 16 2016 30 Puts
ULTA Dec 16 2016 150 Puts

UVXY Dec 16 2016 15 Calls
UVXY Dec 16 2016 15.5 Calls
UVXY Dec 16 2016 19 Calls
UVXY Dec 16 2016 19.5 Calls
UVXY Dec 16 2016 20 Calls
UVXY Dec 16 2016 20.5 Calls
UVXY Dec 16 2016 21 Calls
UVXY Dec 16 2016 22 Calls
UVXY Dec 16 2016 25 Calls
UVXY Dec 16 2016 26 Calls
UVXY Dec 16 2016 27 Calls
UVXY Dec 16 2016 28 Calls
UVXY Dec 16 2016 40 Calls
UVXY Dec 16 2016 41 Calls
UVXY Dec 16 2016 55 Calls

VRSN Dec 16 2016 65 Puts

— Assignments —
SVXY Dec 16 2016 85 Calls (Covered)
TRIP Dec 16 2016 50 Puts

DUST loss

Taking Iceman’s advice and putting it in the rearview mirror. Premium received and the selling of the mirror image put spread reduced loss to 7.45. Manageable but irritating. Spreads on these illiquid underlyings just don’t cut. There’s a lot better opportunities out there so concentrating on those. Still a great year in this particular account so…onward and upward!

$SVXY #CoveredCalls #Rollup – Last…

$SVXY #CoveredCalls #Rollup – Last roll of the day
Bought to close SVXY Dec 16 2016 90 Calls/Sold SVXY Mar 17 2017 125.0 Calls @ 0.05 Credit.
Moved the strike up 35 Points and made money on the 90’s so it’s a win-win

Options Expiration 12/16/16

#OptionsExpiration #CoveredCalls #ShortCalls #ShortPuts #Earnings #ContangoETFs

–Expiring–
CMG 420 call
DUST 90 calls
NFLX 110 and 115 puts
RGLD 75 covered call

REGN

#ShortStraddle – Split the sides up and filled with a 380.0 pin. Sweet!

After various rolls:

Bought to Close REGN DEC 16 2016 380.0 Put @ .50 (sold for 2.95)
Bought to Close REGN DEC 16 2016 380.0 Call @ .45 (sold for 3.00)

#ShortStrangles – A new one for January…

Sold REGN JAN 20 2017 325.0 Put @ 2.27
Sold REGN JAN 20 2017 425.0 Call @ 3.02

Closing DUST

Bought to close $DUST Dec 16 67 calls for .70 to avoid assignment. Sold for 2.36 on 11/10.

CMG call

#Earnings #ShortStrangles #ShortCalls #Rolling
STO $CMG Jan 6th 420 call for 2.00. Replaces the 420 call expiring today, and offsets a couple short puts that are doing nicely.

Closing PANW

Taking this position off for a small profit, with the stock at 129.12 to avoid assignment.
Bought to close $PANW 12/16 130 puts @ 1.00. Sold for 1.50 on 11/22.

SPX ITM rolling

#SPXcampaign #ITMrolling #Rolling $SPX

Bought to close Dec 23rd 2245/2270 call spreads for 13.00. Sold for 9.10 on Dec 7th.
Bought to close Dec 23rd 2260/2285 call spreads for 7.90. Sold for 8.40 on Dec 9th.

Rolled total debit of 17.50 to total credit of 21.50:

Sold to Open Dec 30th 2250/2275 call spreads for 12.15
Sold to Open Jan 3rd 2265/2290 call spreads for 7.95
Sold to Open Jan 3rd 2190/2165 put spreads for 1.40

DUST roll

Rolled $DUST Dec 16 60 calls up and out to Jan 70 calls for 2.36 credit.

$SVXY #ShortCalls #Rollup – still…

$SVXY #ShortCalls #Rollup – still in the money so had to move it –
Bought to close SVXY Dec 16 2016 90 Calls/Sold SVXY Dec 30 2016 95.0 Calls @ 0.65 Credit.
Made money on the 90’s so a win-win

$NUGT #ShortPuts – Bought to…

$NUGT #ShortPuts – Bought to close NUGT Dec 16 2016 6.0 Puts @ 0.04 on a 0.05 limit to avoid possible assignment

REGN

Last position I’ve gotta watch today. After a couple rolls ended up with a 380 straddle today. LOL…maybe a pin?

$DUST #ShortCalls – Bought to…

$DUST #ShortCalls – Bought to close some of my DUST Dec 16 2016 70.0 Calls @ 0.05 for safety and margin reasons.
The rest will likely expire.

Sold these between 2.15 and 2.30.

CVS

#ShortPuts #FallingKnife – These are out to January so freeing up margin in an #IRA instead of waiting another month.

Bought to Close CVS JAN 20 2017 70.0 Puts @ .19 (sold for 1.45)

#ironbutterfly AAPL Dec. 23 110/115/115/120…

#ironbutterfly AAPL
Dec. 23 110/115/115/120 for 2.07

GS

#ShortPuts – After a couple pretty aggressive roll-ups I’m booking them. May re-sell if we get a little rollover

Bought to Close GS DEC 23 2016 225.0 Puts @ .25 (sold for 4.05)

Still short 2018 130/100 bull put spreads. Plan on holding them for quite awhile unless things get really ugly.

/ES Eminis

#Eminis – Taking a little risk off…

Bought to close /ES DEC 16 (EOM) 2170 PUT @ 2.45 (sold for 9.25)

RH

#CoveredCalls – Acquired this stock from an earnings trade. Selling next round replacing today’s expiration.

Sold RH DEC 30 2016 33.0 Calls @ .75

#Fibonacci

@fibwizard Can you email me the Joe DiNapoli Fib level trading doc? shane.mcginnis@comcast.net Thank you

Off Topic

With only 2 hours to go I hope trump does not tweet anything about China.

SPX puts closed

#SPXcampaign Bought to close $SPX Dec 23rd 2175/2150 put spreads for .20. Sold for 1.55 on Dec 7th.

#shortputs NUGT Sold Jan. 29…

#shortputs NUGT Sold Jan. 29 5 put for .45

SVXY Roll

Rolled today’s 85 covered calls out to Jan 20 90 calls for 1.50 credit.

#VXXGame

$SVXY

#VXXGame #ShortCalls
Took the plunge. STO $SVXY Dec 23 $97 calls @ $0.40

$SVXY #VXXGame – I just…

$SVXY #VXXGame – I just noticed that they started strikes on SVXY all the way up to 175 for every expiration. That’s Crazy 🙂

$SVXY #ShortCalls #Rollup – SVXY…

$SVXY #ShortCalls #Rollup – SVXY keeps on running on Fridays.
Bought to close SVXY Dec 16 2016 83.0 Calls/ Sold SVXY Jan 20 2017 88.0 Calls @ 0.15 Credit.

Made all of the time premium on the Dec option and added 5 points to the strike price.

One of these days SVXY will pull back.

$NUGT #ShortPuts #Rollout – Rolled…

$NUGT #ShortPuts #Rollout – Rolled this small position this morning
Bought to close NUGT DEC 16 2016 7.5 Puts/ Sold NUGT JAN 13 2017 7.0 Puts @ 0.05 Net Credit.

Still waiting to see if my last position for today (strike 6’s) will need to be rolled

SPX puts closed

#SPXcampaign Bought to close $SPX Dec 23rd 2090/2065 put spreads for .30. Sold for 1.40 on Dec 6th. Forced this to close early for margin.

UAA roll

Rolled Dec monthly 32.5 puts out to Jan monthly @ .75 credit.

Total premium received now 2.00 and also short Apr 27.5’s