I had no expirations but I hope everyone has a nice weekend.
Sold most of a long stock position in $NUGT in an IRA at a nice gain after sitting on it for 3 months and writing covered calls every week.
A big monthly expiration next week.
— Expirations —
CF (Weekly) Feb 10 2017 37 Calls (Covered)
CVS (Weekly) Feb 10 2017 81.5 Calls (Covered)
NUGT (Weekly) Feb 10 2017 7.5 Puts
SVXY (Weekly) Feb 10 2017 80 Puts
SVXY (Weekly) Feb 10 2017 85 Puts
SVXY (Weekly) Feb 10 2017 88 Puts
SVXY (Weekly) Feb 10 2017 127 Calls
UVXY (Weekly) Feb 10 2017 27 Calls (Covered)
UVXY (Weekly) Feb 10 2017 27.5 Calls (Covered)
UVXY (Weekly) Feb 10 2017 28 Calls (Covered)
UVXY (Weekly) Feb 10 2017 29 Calls (Covered)
UVXY (Weekly) Feb 10 2017 32 Calls
UVXY (Weekly) Feb 10 2017 35 Calls
UVXY (Weekly) Feb 10 2017 37 Calls
UVXY (Weekly) Feb 10 2017 40.5 Calls
UVXY (Weekly) Feb 10 2017 60 Calls
— Assignments —
NUGT (Weekly) Feb 10 2017 12.5 Calls (Covered)
#ShortStrangles – Been watching you guys selling these for awhile now. Think I finally have to jump in…thanks!
Sold SVXY SEP 15 2017 65.0/235.0 Strangle @ 5.75
Sold SVXY JAN 19 2018 60.0/240.0 Strangle @ 10.10
BTC March 17, 17.5 puts @0.05, sold @1.20
STO January 2018, 75 puts @9.30 to offset my 230 and 235 naked calls.
$REGN STO 02/17/2017 360.00 C @8.10
#ShortStrangles Sold to Open $REGN March 17th 330/400 strangle for 6.10
STO May, 300 puts @5.38 thanks to Fuzzball for the idea.
Tightening up the March strangle a little bit now that earnings are over.
Rolled Mar 310.0 put up to 330.0 @ 2.20 credit.
New position is now 330/395 strangle @ 6.65
#Earnings #StockTrades Sold the $AMZN 810/840/870 #IronButterfly last Thursday for 26.10. Took assignment of the shares on Friday at 840.00. Put a 1.00 trailing stop on the stock today around 11am ET; just stopped out for 826.36. Profit on trade: $1,035
Thanks, @fuzzballl for the original trade idea!
Bought to Close March /VX @ 13.45 (sold for 13.95)
I’ll take the half point now…don’t like holding these short over the weekend.
#SPXcampaign Keep missing the correct time windows for these long call spreads. But at least I got a double on this small one…
Sold to close $SPX Feb 13th 2330/2355 call spreads for .80. Bought for .35 on Jan 31st
BTC March 17, 2020/2070 bull put spread @0.50, sold for 1.60
I guess I should have waited on this one.
Sitting in the Charlotte airport on layover. Won’t be around at the end of the day so just posting what I have expiring today.
$UVXY $32, 35, 38, 39, 40.5, 43, 45, 48 calls
$VXX $29.5 calls
$SVXY $70, 85 puts
Joining the crowd.STO March 10, 2200/2225 bull put spread @1.40
STO April 90 puts @0.82 cents
#PerpetualRollingStrangles – Doesn’t look like much but adds up over time…
Rolled this week’s 119.5 calls to next week’s 120.0 @ .07 credit
Rolled this week’s 120.5 calls to next week’s 121.0 @ .38 credit
#ShortStrangles – Sold NVDA MAR 17 2017 105.0/130.0 Strangles @ 3.16
STO June 45 puts @1.63
All my short calls on my full $YELP stock position will expire worthless.
Of course, my full $YELP shares are worth less.
Will watch tape today and see if covering again or unloading makes sense.
$SPX STO 3/10 2200/2225 BUPS @ 1.50
$SPX STO 2/17 2275/2300 BUPS @ 3.50
$NUGT #ShortPuts – Sold these as a partial offset to DUST short Puts. They both can’t be wrong. If NUGT is down, then DUST is up.
Sold NUGT Mar 3 2017 10.0 Puts @ 0.40
Sold NUGT Mar 10 2017 10.0 Puts @ 0.56
#Earnings #StockTrades #CoveredCalls
This is an earnings trade that started in January 2016. I was assigned short stock at that time, held that most of the year (painfully), selling puts against it, then switched it to a long stock position in October. It is finally in profit territory above 133.00. I still like the stock long so I’m going to keep it as long as it holds up.
STO FB March 10th 140 call for .80
This could be the biggie depending on how far I wanna push it…
Original position is 120/115 inverted strangles @ 9.85 (that’s a long story posted elsewhere)
Could close now for a 3 dollar winner but I’d like to see it back inside the strangle this afternoon for 5 dollar winner. If it tanks this afternoon I’ll take my chances rolling and collecting more premium. This one is always on the TT high IV list so either way, I’ll still carry a position on it. Looking out to March monthly for a new strangle if this one closes.
$SVXY #ShortCalls – Sold 1 SVXY Jan 19 2018 240.0 Call @ 4.80 with the stock at 125.03
#SPXcampaign Sold to Open $SPX March 10th 2225/2200 put spreads for 1.50, with SPX at 2311.
#Earnings – Having to work on this one a little bit after the two and half times the expected move…
Originally Sold 37/39.5/39.5/42 iron flies @ 1.95
Bought to Close 37/39.5/39.5/42 iron flies @ 2.40 (saved 15 cents over max loss)
Sold ATVI FEB 10 2017 45.0 Puts @ .35 (sold one extra vs #of flies)
Long story short…if the 45 puts expire the entire trade will cover my gambling on the golf course this weekend. 🙂
$DUST #ShortCalls #Strangles – I’ve decided to add to positions from yesterday
Sold DUST APR 21 2017 53.0 Calls @ 0.95
Sold 1 DUST JAN 19 2018 90.0 Call @ 4.50
These trades cost nothing in the way of margin but they do bring in a cushion of cash. All are the highest available strike prices. The stock is opening near 27, up a bit today
#Earnings – Small winner…could’ve been a big winner now. 😦
Bought to Close EXPE 118/123/123/128 iron fly @ 2.63 (sold for 4.00)
#Earnings Looks like I picked the correct week to drop the Iron Butterflys. 5 for 5 on earnings trades this week, winners for ALK, EXPE, NVDA, and ATVI. All bullish trades. Guess it’s easy when the market keeps going up. YELP will be a small win or break-even, my first ATM long straddle in a couple years.