A couple of more starter positions
STO Jan 13 $75 puts @ $0.65
STO Jan 13 $70 puts @ $0.40
These were a couple GTC orders. I was away from the market almost all day. Premiums got a little better after I got these fills.
Daily Archives: Thursday, December 29, 2016
Last Trade Day
Tomorrow is the Last trade day of 2016…quite possibly some Big Guys doing some Tax Selling..Just an FYI…
VIX Indicator and the SPX…
VIX Indicator and the SPX Chart have been updated
#shortcalls $NUGT 1/6/20179 call @.45…
#shortcalls
$NUGT 1/6/20179 call @.45 (Covered)
$DUST #ShortPuts – I already…
$DUST #ShortPuts – I already have positions in these, and since I WILL BE HOLDING until late on the expiration day before rolling or closing them out, I added 1 more contract to each position.
DUST did break below 45 at the close.
Sold 1 DUST Dec 30 2016 45.0 Put @ 1.60 – risky !!
Sold 1 DUST Jan 6 2017 40.0 Put @ 1.65
Sold 1 DUST Jan 13 2017 35.0 Put @ 1.15.
I’m enjoying the rally in NUGT while all this goes on….
$UVXY #ShortCalls #ClassicVXXGame – with…
$UVXY #ShortCalls #ClassicVXXGame – with still OVER A YEAR to go until expiration, this shows the power of the #VXXGame dynamic. These were pre-split contracts and were never in any danger of trading any higher after they were sold.
Bought to close UVXY2 Jan 19 2018 115.0 Calls @ 0.01. They won’t trade any lower.
Originally sold in mid June 2016 at 4.25. I sure wish I had sold more than 4 of them 🙂
$UVXY #ShortCalls #VXXGame – getting…
$UVXY #ShortCalls #VXXGame – getting ready for the pending reverse split. These will be much less liquid after that.
All are at the highest available strike prices.
Sold UVXY FEB 17 2017 18.0 Calls @ 0.43
Sold UVXY JUN 16 2017 35.0 Calls @ 0.95
Sold UVXY JAN 19 2018 60.0 Calls @ 1.20
Sold UVXY JAN 18 2019 24.0 Calls @ 3.90 -#ClassicVXXGame
$UVXY $ShortCalls – Bought to…
$UVXY $ShortCalls – Bought to close UVXY JAN 20 2017 60.0 Calls @ 0.01. They won’t trade any lower.
Originally sold in August and September at an average of 4.15
SPX Trade
#spx
STO 2 Jan 31 2040/2140 BUPS @ 4.90 cr.
$UVXY #CoveredCalls – Sold UVXY…
$UVXY #CoveredCalls –
Sold UVXY JAN 13 2017 11.5 Calls @ 0.31
Sold UVXY JAN 13 2017 12.5 Calls @ 0.22
SPX condor-roll sold
#SPXcampaign #CondorRoll
Sold to Open $SPX Jan 9th 2165/2190/2275/2300 iron condors for 4.25. Fairly tight condor with only six trading days to expiry. 1.5x position size; partial roll from Jan 3rd call spread I exited on Tuesday.
SPX puts closed
#SPXcampaign Bought to close $SPX Dec 30th 2215/2190 put spreads for .35. Sold for 5.10 on Dec 8th. I do’t think this one is in danger, but I am closing to free up margin.
$UVXY #ShortPuts – Bought to…
$UVXY #ShortPuts – Bought to close UVXY DEC 30 2016 7.5 Puts @ 0.01
VIX spikes can run out of gas really fast, so I’m taking the nice gain and switching back to Calls
SPX calls closed
#SPXcampaign Bought to close $SPX Jan 13th 2350/2375 call spreads for .20. Sold for 1.50 on Dec 13th.
MNK
Whew…busy week at work and still going. On the bright side it’s all downhill from here! Vail to Miami today…that’s downhill…LOL
Did manage to unload a marginal position that I’m not really interested in. Starting to look weak and I’ve got plenty of biotech exposure elsewhere…
Bought to Close MNK Jan 20 2017 45.0 Puts @ 1.25 (sold for 1.70)
$NUGT #ShortPuts – Bought to…
$NUGT #ShortPuts – Bought to Close NUGT JAN 6 2017 5.5 Puts @ 0.03 (on a 0.05 Limit).
No commission
Originally sold on 12/15/16 at 0.60
$DUST $ShortPuts #OptionLadder – Now…
$DUST $ShortPuts #OptionLadder – Now I’ve sold these as DUST hits 47
Sold DUST Jan 6 2017 40.0 Puts @ 0.80
Sold DUST Jan 13 2017 35.0 Puts @ 0.70
Sold DUST Jan 27 2017 30.0 Puts @ 0.90
Sold DUST Jan 27 2017 25.0 Puts @ 0.30
$DUST $ShortPuts #OptionLadder – sold…
$DUST $ShortPuts #OptionLadder – sold these on the spike in the gold miners
Sold DUST Dec 30 2016 45.0 Puts @ 0.40 – these expire tomorrow
Sold DUST Jan 6 2017 41.0 Puts @ 0.65
Sold DUST Jan 20 2017 35.0 Puts @ 0.90
Sold DUST Jan 27 2017 30.0 Puts @ 0.65
SPX calls sold
#SPXcampaign Sold to Open $SPX Jan 27th 2335/2360 call spreads for 1.30.
Two-day road trip on Tue/Wed took its toll on my trading… I missed far better opportunities to sell upside positions due to my limited access to the computer.
$DUST #ShortCalls – Bought to…
$DUST #ShortCalls – Bought to close 1 DUST Jan 6 85.0 Call @ 0.05. It won’t trade any lower.
Sold on 12/15/16 at 5.70
$VXX
Nibbled a little
STO Jan 13 $29 calls @ $0.33
Options Expiration 12/28/16
#OptionsExpiration #SPXcampaign
— Expired —
$SPX 2225/2200 put spreads
$SPX 2280/2305 call spreads
Options Bistro 