#SPXcampaign At the open, bought to close $SPX Feb 10th 2180/2155 put spreads for .20. Sold for 1.45 on Jan 13th.
One hour, 49 min after the open, Sold to Open $SPX March 3rd 2350/2375 call spreads for 1.50, when SPX was at 2296.
Monthly Archives: February 2017
#spxcampaign Another one: SPX EOM…
#spxcampaign
Another one: SPX EOM Feb17 2350/2375 Call sold for $1.10 when SPX @2296
#spxcampaign STO SPX MarWk2 2360/2385…
#spxcampaign
STO SPX MarWk2 2360/2385 sold for $1.70 when SPX @2296
#SPX campaign
Sold Feb 24th 2340/2360 BeCS about the open @ 0.95. I had set this order up yesterday as a conditional if SPX went above 2286. I was going to be away but wanted to the BuPS into an IC. I didn’t realize I made it a GTC order. Probably not a good opening method.
Falling Knife?
#fallingknife
$AMZN STO 3/17 740/750 BUPS @ 1.20 (Dr Science @ OMM idea)
TDA counter offer to tastyworks
Seems reasonable…
Hi Mr. Wyant,
I had forwarded your negotiated commissions request to the review team, and they have responded.
You currently have this commission schedule:
$7.95 Stock flat rate
$1.25 Option rate per contract, no base
$15.00 Exercise
What you requested would result in this:
$5.95 Stock flat rate
$1.00 Option Rate, no base, per trade, not per contract
$15.00 Exercise
I’m pretty much assuming that you prefer the second rate, but please respond back to me to confirm which rate you’d like to have.
I hope this is helpful, because we truly appreciate your business. If there’s anything else we can help you with, please reply to this message.
Thank you,
Nancy Lee
TD Ameritrade Client Services
TD Ameritrade, Inc.
Open ES Trade
Feb 03 8:45 Enter Long at 2283, as wave momentum moves to the upside..
Feb 03 9:03 Exit trade at Pivot Point, at 2288…as price consolidates and wave/squeeze bars reverse to downside..
gain of 5 points
SVXY
Sold SVXY MAR 10 2017 100.0 Put @ 2.55
Sold SVXY MAR 24 2017 90.0 Put @ 2.50
ES Pre-Market Trade
Feb 03 7:12 Long ES at the 2279 just before the squeeze fires to the upside…squeeze momentum carries the trade
Feb 03 7:51 Exit my trade at the 2286 for a 7 point gain..wave momentum declines, squeeze over
gain = 7 points
AMZN roll
#LongCallDiagonals – Still easing it up a little at a time…
Rolled this week’s 777.5 call to Feb 17 782.5 @ .34 debit
Taking advantage of the pullback and paying a small debit to pick up 5 points in the strike price.
This thing has to level off at some point where the rolls can catch up. In the meantime 2019 long call/Bups working nicely.
AMZN
#bullputspreads
March 17 750/740 for 1.27, inspired by Ramie
AMZN Doings
#earnings
Closed Early (No piggy here. )
$AMZN BTC 2/3 775/790 BUPS @ .20 Sold 1/31 @ 2.70 93% profit
#shortputs
$AMZN STO 3/17 750 puts @ 4.60 Thanks @ramie77
CMG again
#ShortStrangles – Sold CMG MAR 17 2017 370.0/450.0 Strangle @ 5.85
CMG earnings
#Earnings – Bought to Close CMG FEB 3 2017 400.0/450.0 Strangle @ .50 (sold for 4.40)
PSX #FallingKnife Sold $PSX Aug…
PSX #FallingKnife
Sold $PSX Aug 18 65 puts @ 1.35
AMZN earnings
#Earnings – Bought to Close 810/840/840/870 iron fly @ 26.22 (sold @ 26.25)
Happy to be out even…
AMZN put
Sold $AMZN Mar 17 750 put @ 5.70
$DECK – today’s #FallingKnife -…
$DECK – today’s #FallingKnife – 3 Year low at 40.74
January Jobs report
+227,000 in January
Unemployment rate 4.8%, up .1%
UE6 unemployment 9.4%, up .2%
Labor Force participation 62.9%, up .2%
Wages up 0.1%, slowing from +0.2%
$UAA #ShortPuts #FallingKnife – Sold…
$UAA #ShortPuts #FallingKnife – Sold UAA Jul 21 2017 17.5 Puts @ 0.90 with the stock at 20.81
$NUGT #ShortStrangles – Sold NUGT…
$NUGT #ShortStrangles – Sold NUGT Mar 17 2017 6.0 Puts/16.0 Calls @ 0.80 with the stock at 11.76
$DUST #ShortPuts – made these…
$DUST #ShortPuts – made these trades yesterday
Sold DUST Mar 3 2017 20.0 Puts @ 0.65
Sold 1 DUST Mar 10 2017 26.5 Put @ 3.00
Sold 1 DUST Apr 21 2017 20.0 Put @ 2.20
AMZN down initially
Looks pretty good for neutral plays as it should come back by morning or midday.
CMG also looks good for neutral plays.
Fuzzy-YM-currently
Squeeze setting up
wave below zero
price at 19811
Stop at 19830
RL adding
Sold $RL Apr 21 70 puts @ 1.80.
I put on Jul 60 puts this morning so I know have a small ladder in this name.
Fuzzzy .. ES
Fuzzy,
you could have had another 8 points on the 10-11am slide from the 2278-2270 lines..same setup as the others..
wave @ zero
trend bars go red
exit at the bounce
wave momentum changes
CMG earnings
Sold CMG FEB 3 2017 400.0/450.0 Strangle @ 4.40
AMZN earnings
#Earnings – Sold 810/840/840/870 iron fly @ 26.25
Risk 3.75 to make 26.25. Sold 30 wide on a 35.75 expected move.
CVS puts–#FallingKnife
Sold $CVS Jul 21 65 puts @ 1.44
Fuzzy – Chart Explanation
Fuzzy, the chart explains what I see when I trade and what I look for…
60 point move…
@fibwizard Watching your Futures activity…
Watching your Futures activity and the member commentary, really seems like a very positive method. Following the commentary by its nature comes in choppy statements. Are you aware of a source to study the overall method. For example, did John Carter’s book “Mastering the Trade” go into detail of this approach
RL puts
Sold $RL Jul 21 60 puts @ 1.30.
#FallingKnife
ES Trade
Same as earlier..
1. Price squeezes
2. Wave bars move positive
3. power bar moves above 10
4. Trend bars change to blue
5. ride the trade from 2272, and exit at 2278 for a 6 point gain, as the Wave moves below zero..and the trend bars change to red.
gain of 6 points
250 per point
SVXY
This was sold originally to help finance the long call of the #LongCallDiagonals . With the adjustment yesterday I don’t really need it anymore so booking a little winner.
Bought to Close SVXY JAN 18 2019 50.0/30.0 Bull put spreads @ 5.80 (sold for 6.80)
SOLD UVXY 17 FEB 17…
SOLD UVXY 17 FEB 17 48 CALL @.18
SOLD UVXY 17 FEB 17…
SOLD UVXY 17 FEB 17 47 CALL @.21 PHLX
$ETFC
What happened to E-Trade? Not seeing any news but took a big dump at the open.
REGN
#ShortStrangles – Bought to Close REGN FEB 3 2017 325.0/400.0 Strangle @ .25 (sold for 4.85)
Completely out of this in regular account for the first time in a long time. Waiting now to sell a fairly aggressive earnings strangle.
$SVXY
Sold Feb 24th 95 Put @ 1.25.
Took off FB earnings trade
Bought to close $FB Feb 17 125/140 strangles for .65. Sold yesterday for 2.50.
#Earnings
Question on early exercise of AAPL Earnings 118/121/124/121 IB
As part of $AAPL 118/121/124/121 IB for earnings I was sold short the 121 shares early. Normally trade closes on expire and the long and short are exercised netting out. Should I sell the 124 call or have broker exercise the 124 call.
NUGT calls
Sold $NUGT Apr 21 20 calls @ .76. Highest strike in April.
#TechnicalAnalysis Is this an Island…
#TechnicalAnalysis 
Is this an Island Reversal?
GM all
GM all
After close ES/YM Trades
#futures
Feb 01 5:05pm shorted ES as the TTM_Squeeze fired off to the downside..at 2275
Feb 02 00:10 am Exited my trade at 2265 as the TTM_Wave bars approached the zero line..another 1 PP move..
gain of 10 points..
250/pt
Feb 01 5:05pm Shorted YM as the TTM_squeeze and TTM_Wave Fired in tandem to the downside at 19820
Feb 01 10:40pm Exit my trade at 19750, as the TTM_Wave bars cross the zero line, and the squeeze moves upward
gain of 70 points
25/pt
#Earnings #SPXCampaign
#earnings
$AMZN STO 2/17 910/900 BECS @ 1.18
$AMZN STO 2/17 790/800 BUPS @ 2.96
$BMY STO 2/3 48 put @ .45
$FB STO 2/3 123 put @ .70
$FB STO 2/3 125 put @ 1.00
#spxcampaign
$SPX STO 2/6 2325/2300 BECS @ 1.20
$SPX BTO 2/13 2330 2355 BUCS @ .40 (Lottery ticket – but a good idea – thanks @jeffcp66)
#longcalls #earnings
$ULTA BTO 3/17 260 call @18 Earnings March 9th
VIX Indicator and SPX Chart…
VIX Indicator and SPX Chart have been updated
SVXY adjustment
OK…here’s what I did…gulp. Since it’s in an #IRA I can’t leave the short call naked so wanted to do something to get it out of the way of the long call profit.
Bought to Close SVXY JUN 16 2017 115.0 Call @ 22.20
Sell to Open SVXY SEP 15 2017 200.0/170.0 Bull put spread @ 24.70
So….a 2.50 credit for the roll and 3.00 for the original call sale for a total of 5.50 on the 30 wide spread. Now let’s say when Sept. rolls around SVXY is trading at 30. I would own 100 shares at a basis of 54.50. Not bad when you factor in all the other shares that would be in the position at much much lower prices from put exercises and outright stock buys…( I actually hope this happens!)
If we don’t get an implosion (not likely) this position would still have a shot at expiring worthless.
Now…the rest of the story:
Still holding Jan. 2019 70 strike long call currently at 65.75 (bought for 43.00) so nicely green. Also still holding Jan 2019 50/30 bull put spreads that are working. I can now manage these as necessary without the short call issue. Seems worth the hassle to hang onto the big gains…
For everyone else that’s looking to re-load on SVXY, this adjustment almost guarantees that the opportunity will be here soon! 🙂 🙂
$UPS #FallingKnife – another good…
$UPS #FallingKnife – another good candidate
$FB Up after hours to 137.26 now.
Looking good for #earnings
ANTM puts
BTC Feb. 17 135 puts @0.05, sold @1.35
$FB #Earnings Sold Feb 17…
$FB #Earnings
Sold Feb 17 125/140 strangle for 2.50. Using the monthly expiration to get some more premium.
SPX stuck
#SPXcampaign It seems we may like to stay in consolidation. Last week we had a small push up that never amounted to much, and this week we’ve had the same thing down. In the end, we’re still stuck. Maybe jobs report Friday will unstick us, but I’m not waiting.
Adding an extra condor, each side sold separately:
Sold to Open $SPX Feb 21st 2300/2325 call spreads for 5.40
Sold to Open $SPX Feb 21st 2250/2225 put spreads for 3.60
A question: Is it prudent to buy back
$FB STO 2/3 125 put @ 1.00 (Now at .48)
$FB STO 2/3 123 put @ .70 (Now at .25)
SVXY
Interesting predicament here…
Originally bought a 2019 call with the intention of selling front month calls against it. As you know SVXY has been screaming up. I’ve rolled the call out to June but it’s still not enough. It’s just about offsetting my call profits….Grrr.
To get it out of the way I’m thinking about rolling it out to Sep or next Jan to a DITM 20 wide put spread. Then…I can book the profits on the long call at some point and worse case scenario I’d own a little SVXY at a basis of about 18-20 dollars above where it’s trading. If it doesn’t tank and keeps rising it would be a bonus.
Am I crazy?
Looking at:
BTC SVXY June 115 call and STO Sep 225/200 BuPS @ 1.75 credit. Or…can go out to Jan for a 20 wide.
$SVXY #ShortCalls – Sold 1…
$SVXY #ShortCalls – Sold 1 SVXY Jan 19 2018 225.0 Call @ 5.30 with the stock at 121.08
late Day Trade
Feb 01 13:28pm Short ES at 2277 just before the Squeeze fired to the downside..Wave signalled a down move
Feb 01 13:41pm exit my trade as teh ES crossed the Center pivot line and stalled at the 2272 as the squeeze bars flattened out..and the wave bars reversed..
Gain of 5 points , 250/point
Trading done for today…
$UVXY
After the rate no change decision
STO Feb 10 $32 calls @ $0.33
Now have full call ladder for next week.
VIX tick
Looks like the FOMC 2pm ET volatility resulted in a bad VIX tick, down to 9.97, which would be lowest level since February 2007. I’m not buying it… look for it to be adjusted in a day or two.
IBB
Bored….selling against March 290 call. Feb 260 put looking safe.
Sold IBB MAR 17 2017 260.0 Put @ 2.75
UAA put spread
Under Armour UAA Mar17 22.5/17.5 put spread sold for $1.48 ($.84 in the money)
Missed YM trade
I missed the 80 point drop in YM at 9:03, as I was in a trade with ES…just to show you I am not as good as I would like to be..I should have got them both as they both tracked down for a pivot-pivot move…
MRK earnings
#Earnings #IronButterfly Not a big mover on earnings, so playing for little to no movement.
Sold to Open $MRK Feb 3rd 60/62/64 iron butterfly for 1.19. Max risk .81.
Oct. 25, 2016 BO 1.97%
July 29, 2016 BO 0.39%
May 5, 2016 BO -1.31%
Feb. 3, 2016 BO -0.71%
Oct. 27, 2015 BO 1.05%
July 28, 2015 BO 0.92%
April 28, 2015 BO 5.04%
Feb. 4, 2015 BO -3.22%
Oct. 27, 2014 BO -2.01%
July 29, 2014 BO 1.05%
April 29, 2014 BO 3.59%
Feb. 5, 2014 BO 0.03%
Avg move = 1.8%
#ULTA Earnings
#earnings
$ULTA BTO 3/17 260 call @ 18
Earnings expected March 9.
FB earnings
#Earnings #StockTrades #ShortPuts #CoveredCalls
Already long stock, short 138 and 140 covered calls, short 126 and 129 puts.
Today, sold to open $FB Feb 3rd 123 puts for .65. Will add more if price goes up.
Biggest UP move: 15.5%, Biggest DOWN move: -6.1%, Average move: 5.6%. This trade is 6% OTM.
ES Trade
#futures
Feb 01 9:03am Shorted ES as the TTM_Squeeze triggered to the downside with good power…at 2282
Feb 01 9:14am Exited my trade at the 2277 as the Squeeze and Wave bars changed direction..
gain of 5 points, 250/pt…
SPX trades
#SPXcampaign Sold to Open $SPX March 3rd 2345/2370 call spreads for 1.40, with SPX at 2281. Missed fills on the early pop up.
#Rolling Sold to Open $SPX Feb 6th 2290/2315 call spreads for 4.10. It seems we are having trouble getting higher. So I am hedging my long trades with aggressive short trades. I will roll this if we break above 2290 before Monday’s expiration.
#OptionsExpiration Expired last night: SPX Jan 31st 2225/2200 put spreads. Sold as part of a #CondorRoll for 4.60 on Jan 6th.
Pre-Market YM trade
$MYL #CoveredCalls – a nice…
$MYL #CoveredCalls – a nice pop this morning pushes the premiums up a bit.
Sold MYL APR 21 2017 42.5 Calls @ 0.81
Sold MYL JUL 21 2017 47.5 Calls @ 0.73
Closing Earnings Trade
#earnings
$AAPL 2/3 122 call @ 6.00 A nice triple
ANTM puts closed
#Earnings Bought to close $ANTM Feb 3rd 152.5 puts for .35. Now need a pullback below 155 to get out with profit. (Sold 145/152.5/155/162.5 #IronCondor yesterday for 3.75).
$IBB iron condor closed
BTC Feb 17 305/300/260/255 for 0.50. Originally sold for 1.50. Will take the 66% max profit and looking to reload something similar for March expiration.
#earnings $FB STO 2/3 125…
#earnings
$FB STO 2/3 125 put @ 1.00
AAPL puts closed
#Earnings Bought to close $AAPL Feb 3rd 121 puts for .02. Now looking for a pullback below 124 by Friday’s close. (Sold the 118/121/124 #IronButterfly yesterday for 2.44)
Options Bistro 