#ShortCalls – This week’s looking fairly safe (in spite of that little spike about 60 seconds after I was filled…grrr) so selling next week’s against short puts.
Sold TLT JAN 6 2017 118.0 Calls @ .69
Sold TLT JAN 6 2017 118.5 Calls @ .52
Daily Archives: Tuesday, December 27, 2016
$NUGT ideas anyone? Currently holding…
$NUGT ideas anyone?
Currently holding calls, yes calls that I bought last month (not sure what possessed me to buy those calls, but I’ve got them). Have the Feb 17 8.00 calls with a cost basis of 1.57.
Still have some time to wait on this, but any ideas of selling some puts to cover this or bring in some cash while I wait?
GLD
#ShortPuts -Turning this into a full position now. Still continuing to sell the weeklies against at about a 1.5 ratio. These puts will really reduce my basis in the DITM Feb short puts.
Sold GLD FEB 17 2017 105.0 Puts @ 1.20
GOOGL
#ShortCalls – Just a little roll up while she goes sideways along the 50ma. Sold against a LEAP long call / put spread position.
Rolled GOOGL DEC 30 2016 800.0 Call to JAN 6 2017 802.5 Call @ .90 credit
SPX ITM calls closed
#SPXcampaign #ITMrolling Earlier, Bought to close $SPX Jan 3rd 2265/2290 calls spreads for 11.00. Sold for 7.95 on Dec 16th. Under a bit of margin pressure now, so will look to roll later.
/ES
#Eminis – I’ll be short an Emini after Friday. Already been selling puts against it to raise the basis. Since I don’t really have a lot to hedge it’s becoming more of a stand alone position. Rolling up a short put for nice credit while still leaving some downside protection.
Rolled /ES FEB 17 (Wk3) 2100 PUT up to 2200 @ 11.50 credit.
Basis in the Emini will now be 2230.
#dogfood I’m told the price…
I’m told the price of dogfood will be going up because of some kind of mold that grows on corn that isn’t acceptable in the dog food world, but is acceptable in the human food world-apparently because of the way the two categories are processed. I cannot confirm or deny this story, came from a grain farmer–and it sounds good.
I’ll see if I can sell some puts on ticker ALPO
#coveredcalls TWTR sold Jan. 20…
#coveredcalls
TWTR sold Jan. 20 18 calls for .30
Hedging NFLX
Sold $NFLX Feb 17 160 calls @ 1.15. Selling these against some short puts I have in Feb.
RH
#CoveredCalls – Getting a jump on next week for lack of anything better to do…
Sold RH JAN 6 2017 32.0 Calls @ .50
$DUST closed Had Jan 20…
$DUST closed
Had Jan 20 85/90 call spread for 1.05 credit.
BTC for 0.50. So, about 50% profit after commissions.
Getting out of $DUST as who knows what can happen after the New Year. Will wait and see if another bounce.
#spxcampaign Following Jeff Closing early…
#spxcampaign
Following Jeff Closing early
$SPX 1/6 2135/2160 BUPS @ 89% profit
Thanks Jeff for idea
#rolling UVXY rolled Dec. 30…
#rolling
UVXY
rolled Dec. 30 10 puts to Jan. 20 for a credit of .41.
#coveredcalls FB-sold a Jan. 20…
#coveredcalls
FB-sold a Jan. 20 120 call for 1.42( a little early), bringing my cost basis of this #earnings trade that went bad down below 117, cost basis after earnings was 120.
SPX puts closed this morning…
SPX puts closed this morning
#SPXcampaign BUPS – Bought to close $SPX 28 Dec 2270/2245 for 3.30 Sold for 7.25 on Dec 21th.
Only 1 day left and did not want to get trapped. So got out with 54% + First go at #SPX nice start
will continue …..thanks Jeff :-))
$SPX roll. Had Dec 30…
$SPX roll.
Had Dec 30 2280/2290 originally looked untouchable. Decided to go ahead and roll it.
Rolled to Jan 6 and widened the spread to 2290/2305 for additional 0.40 credit.
Expecting pullback after Jan 1, but still watching. May have to roll again.
Not exactly like @jeff, but can’t take any more big hits like I have this month.
Merry Christmas and Happy Hanukkah &…
Merry Christmas and Happy Hanukkah & Good Health to all
SPX puts closed this morning
#SPXcampaign Bought to close $SPX Jan 3rd 2190/2165 for .20. Sold for 1.40 on Dec 16th.
Bought to close $SPX Jan 6th 2160/2135 put spreads for .20. Sold for 1.40 on Dec 12th.
Options Bistro 