VIX Indicator and SPX Chart have been updated
Daily Archives: Monday, January 23, 2017
NUGT calls
Borrowing an idea from @optioniceman from Friday.
Sold $NUGT Jan 27 12.00 calls @ .23 for this week’s expiration.
#ShortCalls
JNJ earnings iron butterfly
#Earnings #IronButterfly Sold to Open $JNJ Jan 27th 113/115/117 iron butterfly for 1.35. Slightly bullish position, and we have until Friday for it to settle in.
UBNT
STO February 17, 55 put @1.25
#SPX Campaign
Sold to open Feb 24th 2100/2120 BuPS @ 0.85 when $SPX was around 2261.
$UVXY
STO Feb 3 $39 calls @ $0.53
$SVXY
Morning Hope everyone had a great weekend. #VXXGame, #ContangoETFs
Last Friday I was assigned my short Jan 20th 95 and 100 Calls leaving me with zero SVXY stock in quit a while. This morning I sold Feb 17th 90 Put @ 1.60 and Feb 10th Put @ 1.05 when $SVXY was around $110.0. I will roll to avoid assignment.
$RAD puts
STO Feb 17 6.00 P @ 0.45 with stock at 7.21.
If assigned would have cost basis 5.55 for stock. Hasn’t been below there in over a year. Yes, it is in a hassle-fest with Walgreens and the government right now, but taking a chance here that this will stay above the 6 level by Feb 17. Good return on capital if it does.
SPX puts sold
#SPXcampaign Sold to Open $SPX Feb 24th 2150/2125 put spreads for 1.35, earlier when SPX was at 2266.
QCOM puts
STO March 50 puts @1.45
Opening Futures Trade
Jan 23 08:40am Short 5 YM contracts as the YM crosses down over at 19760..TTM_Wave-A moves from above zero to negative red bars..Stop placed at 19780.
Jan 23 09:21 Exit my trade at the 19710 as YM bounces at the 19710, as TTM_Wave-A turns Green and moves to zero…
Gain @ 50 points @ 25.00/point…
$UVXY
STO Jan 27 $34 calls @ $0.25, these expire friday.
Just not seeing a catalyst this week that would cause $UVXY to jump over 20%. Easy to roll if need be.
#shortcalls STO $NUGT 2/3 11…
#shortcalls
STO
$NUGT 2/3 11 calls @ .77 (covered)
$NUGT 1/27 12 calls @ .22 (covered)
Closed Out
$GOOGL shares assigned Friday for additional 6 points. Placed a stop at 833.60. Stock then closed @ 844.50, with low .20 below my stop. Feels sort of good not being a piggy. ;-}
SPX puts closed
#SPXcampaign Bought to close $SPX Feb 3rd 2125/2100 put spreads for .20. Sold for 1.45 on Jan 3rd.
SPX Condor sold
#SPXcampaign #CondorRoll The consolidation continues with the small gap down immediately recovering. Continuing to sell 1-week out 4-dollar(ish) condors:
Sold to Open $SPX Jan 30th 2220/2245/2285/2310 iron condors for 4.35, with SPX at 2270.
#spxcampaign Closed Early $spx 1/27…
Econ Calendar for week of 1/23/17
Blue star = Market Moving Indicator; Yellow square = Merits Extra Attention; Pink Circle = Other Key Indicator
Options Bistro 