SPX Chart and VIX Indicator have been updated

Long overdue update to the SPX Chart… congrats if you can decipher all of the roll-arrows.

The VIX hit highest high since 1/31 and highest low since 1/19.

Expiration

#spxcampaign (knock off version)
$RUT 2/28 1310/1335 BUPS @100 % profit

#shortputs
SVXY Mar 17 2017 85.0 Puts @ 0..48 Thank you @optioniceman

$SVXY #ShortPuts – Some of…

$SVXY #ShortPuts – Some of these are covered by short stock
Sold SVXY Mar 3 2017 104.0 Puts @ 0.20
Sold SVXY Mar 3 2017 108.0 Puts @ 0.44.
These expire in 3 days

SVXY Late trade

STO March 17, 80 put @0.30 cents

Nice Day on The YM

#futures

Lunch time Moves
11am Shorted YM at the 810 level as ES, Ticks and indexes converged …
11:30 Exit at 770, as ticks hit -1200,
gain 40 points

11:35 Long YM at 780, after Ticks hit -1200, and a bounce of the Mid PP..
12:00 Exit trade at the 810, for 30 points, as price comes back to the 34ma and 61% fib retrace
gain 30 points

ym-tuesday

SVXY

STO March 17, 95 put @0.95

STO March 24, 95 put @1.40

STO March 31, 95 put @1.40

KMX puts

Not a #FallingKnife trade but it has that feeling.
Sold $KMX Jul 21 52.50 puts @ 1.26 with the stock at 64.39.
I like this stock long term so I would likely take assignment in July in the event it drops another 20% by then.

SPX calls closed

#SPXcampaign Bought to close $SPX Feb 28th 2365 short calls for .55, with SPX at 2361 and 96 minutes left to trade. Since the market has been rallying at day’s end quite often, using this dip to get out cheaply. Sold as the 2365/2390 spread on Feb 14th for 2.05.

$DUST #Sh0rtCalls – First the…

$DUST #Sh0rtCalls – First the stock dipped to 31 than rallied back to 34
Sold DUST Apr 21 2017 53.0 Calls @ 1.40
Sold DUST Jun 16 2017 65.0 Calls @ 2.70.
Both are the highest available strike prices.

$SVXY #ShortPuts – sold these…

$SVXY #ShortPuts – sold these on the spike down to 122. Less than 3 weeks to expiration.
Sold SVXY Mar 17 2017 85.0 Puts @ 0.52
Sold SVXY Mar 17 2017 80.0 Puts @ 0.34

$UVXY #ShortCalls – Sold UVXY…

$UVXY #ShortCalls – These also expire Friday
Sold UVXY Mar 3 2017 27.5 Calls @ 0.20 with the stock at 22.05.
Sold UVXY Mar 3 2017 27.0 Calls @ 0.29 with the stock at 22.05.

$UVXY #ShortCalls – Sold UVXY…

$UVXY #ShortCalls – Sold UVXY Mar 3 2017 26.5 Calls @ 0.33 with the stock at 22.50. These expire Friday

DUST calls

Sold $DUST Apr 7 (weekly) 50 calls @ 1.12 and 1.13. This is the new highest strike in 4/7.

EWW–booking profit and re-establishing

Bought to close $EWW Mar 17 42/48 strangles @ .38. Sold for 1.13 on 1/24.
Initiating a position in April:
Sold to open $EWW Apr 21 43/49 strangles @ 1.13

Lowest NYSE $TICK since Jan…

Lowest NYSE $TICK since Jan 19th.

DLTR earnings

#Earnings Sold to Open $DLTR March 3rd 69.5/87 strangles for .95.
THREE-DAY moves: Biggest UP move: 13.5%, Biggest DOWN move: -12.1%, Average move: 6.3%. Bias: +1.8%. These strikes are -9.6% and +13.1%. Slightly bullish.

BBY earnings

#Earnings Sold to Open $BBY March 3rd 42 puts for .97. THREE-DAY moves: Biggest UP move: 22.3%, Biggest DOWN move: -3.2%, Average move: 7.0%. This strike is -5.7%. Bullish position. BBY has solidly positive bias on earnings reports.

GOOGL roll

Rolled March 3, 835 calls to March 17 840 calls for 1.30. One day these will go down and I will be able to let them expire.

SVXY

STO January 55 puts @4.45

PANW earnings

#Earnings Sold to Open $PANW March 3rd 135/170 strangles for 1.35. Biggest UP move: 10.6%, Biggest DOWN move: -13.2%, Average move: 7.0%. These strikes are +11.2% and -11.7% OTM.

CBI earnings

#Earnings Sold $CBI March 3rd 32 puts for .40. Biggest UP move: 15.6%, Biggest DOWN move: -9.2%, Average move: 6.3%. This trade is -5.5% OTM. Not a big mover, and with an upside bias at earnings.

PCLN WOW –

PCLN WOW –

Free Webinars

The CBOE is where I first learned a lot of my initial options education. They have many archived webinars and also frequent free live ones, like this one tomorrow. Follow this link to register: http://www.cboe.com/education/webcasts

screen-shot-2017-02-28-at-6-11-24-am

good morning

Earnings before Open
American Eagle Outfitters (AEO) – consensus EPS $0.38
Best Buy (BBY) – consensus EPS $1.67
Dollar Tree (DLTR) – consensus EPS $1.32
Lowe’s Cos. (LOW) – consensus EPS $0.79
Office Depot (ODP) – consensus EPS $0.10

Earnings After Markets Close
Box (BOX) – consensus EPS -$0.14
General Communication (GNCMA) – consensus EPS -$0.08
Juno Therapeutics (JUNO) – consensus EPS -$0.61
Shake Shack (SHAK) – consensus EPS $0.09
Vector Group (VGR) – consensus EPS $0.17
Veracyte (VCYT) – consensus EPS -$0.26
PANW also has earnings.