Expiration and Closed Early

$SVXY 95 put

Closed Early
$SPX 3/3 2250/2275 @ .10 94% profit
$SPX 3/3 2140/2165 BUPS @ .05 95% profit

$TRIP STO 6/16 38 put @ 1.40 Thanks @ramie77
$X STO 3/17 35.50 put @ 1.59

Thanks to everyone. Have a great weekend.

Friday Parting Notes


Trin opened at 1.01, closed at 1.81…look for a rally Monday
Vix opened at 12.5, coasted downhill as the mkts faded the open gaps
P/C opened at 1.13 for a high, and finished at 0.94..tends to lean bullish for monday…

YM closed the 80 point opening gap the last 30 minutes, to close at 20777, after opening at 20711..a most bullish comeback…

Have a great WE…

#OptionExpiration 2/24/17 Expiring $SVXY 121…

#OptionsExpiration 2/24/17
$SVXY 121 Puts
$SVXY 110 Puts
$SVXY 95 Puts

Options Expiration 2/24/17

#OptionsExpiration #Earnings #ShortStrangles

All I got this week is one. Good couple of weeks for earnings trades!
DISH Feb 24th 60/67 strangles, sold for .90 on Tuesday.

SPX trades today

#SPXcampaign $SPX
These spreads closed today:
SPX March 3rd 2275/2250 puts for .20. Sold in a condor for 3.00 on Feb 13th
SPX March 1st 2395/2420 calls for .20. Sold in a condor for 4.10 on Tuesday.
SPX Feb 28th 2325/2300 puts for .20. Sold for 3.00 last Friday.
SPX March 10th 2225/2200 puts for .20. Sold for 1.50 on March 10th.

This one was rolled; rolled into two call spreads rather than a condor.
#ITMroll Bought to close SPX March 3rd 2350/2375 call spreads for 13.40. Sold for 1.50 on Feb 3rd.
Sold to Open March 10th 2360/2385 call spreads for 11.50
Sold to Open March 1st 2380/2405 call spreads for 2.15


I have nothing this week but bon weekend to everyone.


$SVXY $70 puts
$SVXY $75 puts
$UVXY $23.5 calls
$UVXY $45 calls
$UVXY $50 calls
$UVXY $55 calls
$UVXY $60 calls

Have a great weekend everyone.