For the SPX chart, this time I uploaded an excel file. It will download to your computer, and you can open it as Read-only.
https://optionsbistro.com/wp-content/uploads/2016/12/spx_position_chart_12_20_16.xlsx
Daily Archives: Tuesday, December 20, 2016
SPX Trade
Dec 12 Sell 1 Jan 13 2150 put $6.60 $659.00
Dec 20 Buy 1 Jan 13 2150 put -$2.50 -$250.00 gain @ 61%
Dec 20 sell 1 jan 13 2200 put $5.70 $570.00
something to do while the mkt plays in the sandbox…
#earningstrade #tastytradefollow NKE bought 51.50…
#earningstrade #tastytradefollow
NKE bought 51.50 call spread, sold 51.50/45 put spread for a credit of .19 earnings tonight, Dec. 23 expiration.
#shortputs SVXY closed Jan. 20…
#shortputs
SVXY closed Jan. 20 short puts 25,40,55
Short puts CDK
STO February 55 puts @1.10 on a stock making a new high.
DUST roll
#ContangoETFs #ShortCalls #Rolling.
BTC DUST Dec 23rd 70 calls for 4.80 and 3.00. Sold for 1.60.
STO DUST Feb 17th 107 call for 5.40.
STO DUST Jan 27th 107 call for 3.00
TLT
#ShortCalls – Still selling short calls on the drop. Gotta find a bottom somewhere…maybe
Sold DEC 30 2016 118.5 Calls @ .52
#IronCondor I have one in…
#IronCondor I have one in TLT 115/117/125/127 exp 12/30, sold at .56 end of Nov. It has a small risk but the short put at 117 has been under pressure. Just buying back doesn’t get a fill, so I was thinking to close the short put which i can buy back for a loss of some 20 cents and let expire the rest. I should end up making some money, am i correct and have you done this before with some success?
Closing out CMG
#Earnings #ShortPuts #ShortStrangles. These positions are rolls from a busted put sale in October. My profit from all the rolls has doubled my intended profit from the original trade, so I’m closing it all now to release margin.
BTC CMG Jan 6th 420 call for 1.20. Sold for 2.00
BTC CMG Dec 23rd 380 put for 1.60. Sold for 5.00.
BTC CMG Mar 17th 275 put for 1.43. Sold for 4.50.
SPX trades
#SPXcampaign Bought to close $SPX Dec 23rd 2210/2185 put spreads for .15. Sold for 2.25 on Dec 9th.
#CondorRoll. Sold to Open Jan 11th 2200/2225/2300/2325 iron condors for 7.25. A fairly aggressive trade on the belief we will rise more into the new year and then begin to consolidate/drop after the 1st. This is making up for stopped call spreads over the last couple weeks.
DUST call in Feb
Sold $DUST highest strike 107 call @ 6.00
VIX drop
#Markets With the small pop up in VIX from Dec 12-14, and now it’s three-day drop, it signals a good chance for another bull run. Probably Dow 20,000 today; maybe SPX 2300 by New Year’s.
Options Bistro 