Options Expiration

$SVXY $70 puts
$SVXY $85 puts
$UVXY $28 calls
$UVXY $30 calls
$UVXY $31.5 calls
$UVXY $33 calls
$UVXY $34.5 calls

Have a great weekend everyone.

Options Expiration 3/10/17

#OptionsExpiration #Earnings #CoveredCalls #BullPutSpreads
Would have been a much happier Friday if I hadn’t gotten shaken out of an expiring put spread at the lows of the day.

— Expiring —
FB 140 covered call
ULTA 255/245 put spreads
UVXY 28 calls

I will be posting SPX trades and updated chart later

#OptionsExpiration #Weeklys #Mar10 – it…

#OptionsExpiration #Weeklys #Mar10 – it was almost all volatility plays again this week, as $SVXY and $UVXY did what was needed to allow every position to expire worthless.

$GDX and $NUGT bounced at the end of the day Friday but I’m allowing some put assignments again and will continue selling covered calls at strike prices above my cost.
Some nice big gains on some $DUST Puts helped soften the blow.

A major monthly expiration is on tap for next week.

— Expirations —
DUST (Weekly) Mar 10 2017 26.5 Puts
DUST (Weekly) Mar 10 2017 33 Puts

FB (Weekly) Mar 10 2017 124 Puts

SVXY (Weekly) Mar 10 2017 70 Puts
SVXY (Weekly) Mar 10 2017 80 Puts
SVXY (Weekly) Mar 10 2017 100 Puts
SVXY (Weekly) Mar 10 2017 115 Puts

UVXY (Weekly) Mar 10 2017 24.5 Calls
UVXY (Weekly) Mar 10 2017 25 Calls
UVXY (Weekly) Mar 10 2017 25.5 Calls
UVXY (Weekly) Mar 10 2017 29 Calls
UVXY (Weekly) Mar 10 2017 33 Calls
UVXY (Weekly) Mar 10 2017 34 Calls
UVXY (Weekly) Mar 10 2017 34.5 Calls
UVXY (Weekly) Mar 10 2017 35 Calls
UVXY (Weekly) Mar 10 2017 40 Calls

— Assignments —
NUGT (Weekly) Mar 10 2017 9 Puts
NUGT (Weekly) Mar 10 2017 10 Puts

Expirations Closed Early One More Trade

#optionsexpiration
$SPX 2165/2190 BUPS
$SPX 2200/2225 BUPS
$ULTA 245/255 BUPS (Earnings Trade) Thank you @jeffcp66
$UVXY 30 calls
$UVXY 20 calls We made it @honkhonk81 Thank you

Closed Early

$GOOGL BTC 3/17 790/800 BUPS @ .05 97% profit
$MRVL STC 3/17 16 call @ .35 33% loss (Should have waited)
$ULTA STC 3/17 260 call @ 24.67 33% profit

One More Trade
$FIZZ BTO 3/17 call @ 1.38 (Speculative)

Thanks to everyone’
Have a terrific weekend and another profitable week next week.

#DebitSpread #BePS BTO Apr 13…

#DebitSpread #BePS
BTO Apr 13 ALXN 129/124 BePS for $2.40

$DUST #shortcalls BTC Mar 10…

$DUST #shortcalls
BTC Mar 10 $41 calls for 0.05 an hour ago as price began rising
expiring Mar 10 $42 call
BTC Mar 17 40/45 call spread $1.55, sold for $1.14 (too early)

$NUGT #ShortPuts – I don’t…

$NUGT #ShortPuts – I don’t know if this is smarter than taking the stock and selling covered calls on it, but I decided to roll this position from ITM to OTM.
Bought to close NUGT Mar 10 2017 8.5 Puts/ Sold NUGT Apr 7 2017 7.5 Puts @ 0.10 Credit with the stock at 7.91.
At least I sucked out all the time premium from the old position.

edit:
Also rolled some of my Mar 10 2017 9.0 Puts down to Apr 21 2017 8.0 Puts for a 0.10 Credit with the stock at 7.98

another edit:
Also rolled some of my Mar 10 2017 9.0 Puts down to Apr 13 2017 8.0 Puts for a 0.09 Credit with the stock at 8.16

SPX Campaign

$SPX STO 4/7 2455/2430 BECS @ 1.65 Following @jeffcp66 Thank you

$SVXY #ShortPuts – Sold SVXY…

$SVXY #ShortPuts – Sold SVXY Apr 28 2017 70.0 Puts @ 0.57. My first SVXY trade in this expiration cycle.

SPX Trade Closed Early and Short Puts

#spxcampaign Closed Early
$SPX 3/31 2495/2470 BECS @ .10 93% profit

#shortputs
$AMZN STO 3/17 835/840 BUPS @ .60 Thank you @alsumde
$TMUS STO 3/24 57/60 BUPS @ .60 Thank you @prvtrader

SPX trades

#SPXcampaign Bought to close $SPX March 24th 2435/2460 call spreads for .20. Sold for 1.30 on Feb 23rd.

Bought to close SPX March 10th 2365 calls for 2.00. Sold as the 2365/2340 put spread for 2.90 on March 1st… this one sucked, as it could have been closed cheaply this morning. Damn me and my predilection for expiring options!

Sold to Open SPX March 31st 2400/2425 call spreads for 4.40. Partial roll of the put spread I closed yesterday for 98.75

Sold to Open SPX April 7th 2430/2455 call spreads for 1.55.

$SIG #ShortCalls – Sold SIG…

$SIG #ShortCalls – Sold SIG JUL 21 2017 100.0 Calls @ 0.40 to be paired off with existing short Puts with the stock topping out at 73.90 today

PANW calls

#Earnings #ShortCalls #Underwater
Sold to open $PANW March 31st 125 call for 1.00
Sold to open $PANW April 21st 130 call for .80

I put in these prices based on the early pop to 116, and that clearly was too soon, as the stock made it above 119. These are against my April 135 puts which were rolled after the earnings miss.

SOLD -UVXY 17 MAR 17…

SOLD -UVXY 17 MAR 17 28 CALL @.15

SOLD – AMZN 17 MAR…

SOLD – AMZN 17 MAR 17 837.5/832.5 PUT @.43

SOLD -AMZN 17 MAR 17…

SOLD -AMZN 17 MAR 17 840/835 PUT @.53

#bups STO Mar 24th TMUS…

#DebitSpread #BePS
BTO Mar 24th TMUS 60/57 Bought the 60 Put and Sold the 57 Put for $0.62
Sorry I posted this as a credit when it should have been a debit.

IBB adjustment

#ShortStrangles – Adjusting next week’s 280/290 strangle…booking one side and rolling threatened side out a couple weeks into a new strangle.

Bought to Close IBB MAR 17 2017 280.0 Put @ .20 (sold for 5.28)

Then:

Rolled 290 call out to March 31st 297.5/300.0 Strangle @ .21 credit (also carrying forward the 3.30 received from 290.0 original call sale).

#postearnings ULTA modified a trade…

#postearnings
ULTA modified a trade from TT, a little safer
April 21 245/255/300/310 for 1.55. ULTA is currently at 283, up almost 3% from earnings

AAPL….completely out now

#ShortStrangles #BullPutSpreads – This was an aggressive adjustment from some rolling strangles I’d been carrying. Goal was to get rid of this one at even allowing an official booking of the 14.30 received from the rolls. Is AAPL a 1000 dollar stock? Heck if I know but it’s at a split adjusted 980 from the last 7 for 1. That’s a lot of iPhones!

Bought to Close AAPL MAR 17 2017 140.0/130.0 Bull Put Spreads @ 1.45 (sold for 1.45)

ULTA earnings

Strong stock….getting out with a profit in case it runs away.

Bought to Close ULTA 262.5/275.0/287.5 Iron Fly @ 7.85 (sold for 10.20)

February Jobs Report

+235,000 non-farm jobs added in February, down 3,000 from January revised number
4.7% unemployment, down .1%
9.2% U6 unemployment, down .1%
63.0% labor force participation, up .1%
0.2% wage growth; January’s growth was 0.1%

$SNAP – Now The Fun…

$SNAP – Now The Fun Begins – SNAP Options Start Trading Today
Weeklys out to Apr 28th then Jul, Oct, Jan2018, Jan2019