geewhiz112 4:33 pm on Friday, March 31, 2017
Tags: LongCalls ( 495 ), ShortPuts ( 4,763 ), SPXcampaign ( 2,265 ), SVXY ( 13 )

Expiration Closed Early and Some Trades

#spxcampaign
$SPX 2225/2250 BUPS 100% profit
$SPX 2260/2285 BUPS 100% profit
$SPX 2445/2420 BECS 100% profit
$SPX 2375/2350 BECS 174% loss

#shortputs$SVXY 95
$SXXY 86.5
$SVXY 100
$SVXY 115
$SVXY 99

Trades
#spxcampaign
$SPX STO 4/28 2175/2275 BUPS @ 3.80 Thank you @fibwizard
$SPX STO 5/5 2225/2250 BUPS @ 3.00 Thank you @jeffcp66
$SPX STO 4/28 2230/2255 BUPS @ 1.30 Thank you @jeffcp66
#shortputs
#SVXY STO 1/19/2018 75 put @6.03 Thank you @jsd501
$AMZN STO 865/875 BUPS @ 2.90

Sold Early

#spxcampaign
$SPX BTC 4/3 2290.2315 BUPS @ .10 STO 3/22 for 3.05

#longcalls
$BABA STC 5/19 105 call 8% profit

Thanks to everyone. Keep our chins up and our brains working.
Have a great weekend

fibwizard 3:10 pm on Friday, March 31, 2017
Tags: TA

SPX Chart

#TA

Looks like my SPX bounce at the 38% fib last week was pretty much dead on…todays stop was at the prev R/S, at 2362.. a rest before the journey restarts…Lower hi’s, lower lo’s…need to break that pattern to continue the move up…

Option Iceman 2:54 pm on Friday, March 31, 2017
Tags: ShortCalls ( 979 ), VXXGame ( 769 )

$UVXY #ShortCalls #VXXGame – Sold…

$UVXY #ShortCalls #VXXGame – Sold UVXY MAY 19 2017 39.0 Calls @ 0.73. The new highest strike price.

fibwizard 2:48 pm on Friday, March 31, 2017
Tags: ymfutures ( 9 )

YM Box Trading…

#ymfutures

Boxed most of the day..till way after 1pm..Made a series of small box trades between the lines…
was an okay day…
Friday = 85 points the hard way..
Weekly Total = 600 or so..

Option Iceman 2:36 pm on Friday, March 31, 2017
Tags: Mar31, OptionsExpiration ( 794 ), Weeklys ( 104 )

#OptionsExpiration #Weeklys #Mar31 – An…

#OptionsExpiration #Weeklys #Mar31 – An OK week. Reaping the rewards from the last volatility spike.
We need more of that.

— Expirations —
DUST (Weekly) Mar 31 2017 22 Puts
DUST (Weekly) Mar 31 2017 24 Puts

NUGT (Weekly) Mar 31 2017 8 Puts

SVXY (Weekly) Mar 31 2017 86.5 Puts
SVXY (Weekly) Mar 31 2017 90 Puts
SVXY (Weekly) Mar 31 2017 95 Puts
SVXY (Weekly) Mar 31 2017 99 Puts
SVXY (Weekly) Mar 31 2017 100 Puts
SVXY (Weekly) Mar 31 2017 146 Calls
SVXY (Weekly) Mar 31 2017 147 Calls

UVXY (Weekly) Mar 31 2017 21 Calls
UVXY (Weekly) Mar 31 2017 21.5 Calls
UVXY (Weekly) Mar 31 2017 22 Calls
UVXY (Weekly) Mar 31 2017 30.5 Calls
UVXY (Weekly) Mar 31 2017 31 Calls
UVXY (Weekly) Mar 31 2017 31.5 Calls
UVXY (Weekly) Mar 31 2017 32 Calls
UVXY (Weekly) Mar 31 2017 32.5 Calls
UVXY (Weekly) Mar 31 2017 33 Calls
UVXY (Weekly) Mar 31 2017 33.5 Calls
UVXY (Weekly) Mar 31 2017 14.5 Puts

No Assignments.

ncroadrunr 2:01 pm on Friday, March 31, 2017
Tags: CoveredCalls ( 2,200 ), goldminers ( 5 )

#coveredcalls #goldminers DUST called today…

#coveredcalls #goldminers
DUST called today at $31, sold call for $1.45, bought stock $30.95. A decent trade.
Slowly unwinding a full position in DUST that caught me a couple of weeks ago when DUST fell from $40 to $30.

Ramie 1:37 pm on Friday, March 31, 2017
Tags: OptionsExpiration ( 794 )

#OptionsExpiration for 3/31 Expiring: $DUST…

#OptionsExpiration for 3/31
Expiring:
$DUST 03/31/2017 41.00 calls
$SVXY 03/31/2017 115.00 puts
$UVXY 03/31/2017 28.00 calls
$UVXY 03/31/2017 33.50 calls

No assignments this week.

Jeff 1:23 pm on Friday, March 31, 2017
Tags: OptionsExpiration ( 794 ), VXXGame ( 769 )

Options Expiration 3/24/17

#OptionsExpiration #VXXGame

–Expiring–
SVXY 110 put
UVXY 28 calls

Jeff 1:20 pm on Friday, March 31, 2017
Tags: ATMrolls, ITMroll ( 83 ), SPXcampaign ( 2,265 )

SPX roll

#SPXcampaign Still dealing with a few #ITMroll call spreads, since our drop was not far enough or long enough. At least now they have become #ATMrolls

Bought to close $SPX Apr 7th 2365/2390 call spreads for 9.15. Sold for 8.35 last Friday.
Sold to Open SPX Apr 13th 2370/2395 call spreads for 9.30.

Ramie 1:12 pm on Friday, March 31, 2017
Tags: VXXGame ( 769 )

UVXY–threw one out there

Sold $UVXY May 12 27.50 calls @ 1.13. Highest strike.
#VXXGame

Kelly 1:10 pm on Friday, March 31, 2017

OptionsExpiration

Very high number of open contracts expiring today. Next week also have a high number expiring, then I start getting thinned out again. Trading $UVXY with a pretty short term focus, generally 3 to 4 weeks or less with only occasional opportunistic longer term sales. “Government shutdown” fears might be the next volatility catalyst.

SVXY $86.5 puts
SVXY $100 puts
SVXY $106 puts
UVXY $23.5 calls
UVXY $24.5 calls
UVXY $26 calls
UVXY $28 calls
UVXY $30.5 calls
UVXY $33 calls

Have a great weekend everyone.

jsd501 1:00 pm on Friday, March 31, 2017

OT

I have no expirations so have a nice weekend to everyone.

thomberg1201 12:36 pm on Friday, March 31, 2017
Tags: ShortCalls ( 979 )

#shortcalls UVXY sold may 5…

#shortcalls UVXY sold may 5 30 call for .68

jsd501 12:28 pm on Friday, March 31, 2017

SVXY

I miss the good old days like August 2014, October 2014, August 2015, February 2016, and July 2016

jsd501 12:09 pm on Friday, March 31, 2017

UVXY

BTC April 13, 30 calls @.05, sold @.55, taking more risk off the table.

thomberg1201 10:51 am on Friday, March 31, 2017
Tags: Earnings ( 3,108 )

#earnings LULU I sold a…

#earnings LULU
I sold a 66 straddle for earnings and the bottom fell out of the pants. Right before closing the day before earnings I bought a 60 put and a 68/75 BuCS for some protection. I received 5.10 for the straddle and after selling the put and accounting for the protection, I’ll be assigned with a cost basis just under 54. There may be life in LULU!

fuzzballl 10:21 am on Friday, March 31, 2017
Tags: ShortPuts ( 4,763 ), TakeOneForTheTeam ( 53 )

SVXY (taking another one for the team)

#ShortPuts #TakeOneForTheTeam I just can’t help myself. 🙂 The last three times I’ve taken one for the team have worked out ok. Got us some volatility but eventually ended up nicely profitable. Let’s try it again…

Sold SVXY APR 7 2017 143.0 Put @ 3.50

EDIT…this is also a revenge trade since I bottom ticked the closing of that last one….

Option Iceman 10:04 am on Friday, March 31, 2017
Tags: CoveredCalls ( 2,200 )

$NUGT #CoveredCalls – repeating last…

$NUGT #CoveredCalls – repeating last week’s roll in an IRA acct even thought this week’s call would have expired.
Bought to close NUGT Mar 31 2017 10.0 Calls @ 0.01
Sold NUGT Apr 7 2017 10.0 Calls @ 0.21.
Waiting for Monday might not have yielded the same net result.

jsd501 10:00 am on Friday, March 31, 2017

SVXY

BTC the 143 put that will expire today @1.32 to avoid assignment. These were sold @3.25 after Fuzzball took one for the team.

fuzzballl 9:54 am on Friday, March 31, 2017
Tags: ShortStrangles ( 716 )

NVDA

#ShortStrangles – Rolling and selling. Replacing yesterday’s closed calls…

Rolled 113 puts to next week @ .52 credit.

Against those added these:

Sold NVDA APR 21 2017 116.0 Call @ 1.00
Sold NVDA APR 21 2017 117.0 Call @ .84
Sold NVDA APR 21 2017 118.0 Call @ .71

jsd501 9:53 am on Friday, March 31, 2017

UVXY closing positions

BTC April 7, 30 call @.01, sold @.36

BTC April 21, 41 call @.03, sold @155

I just want to take some risk off the table.

rknight52 9:42 am on Friday, March 31, 2017
Tags: NotTradingMuch

#NotTradingMuch Just wanted to let…

#NotTradingMuch
Just wanted to let you all know that I’m not doing much trading at this time. I’m here in the background watching and listening, but have dialed back my trading. I came to realize I was trading too much and too big and too narrow (focus) for my account size. Putting on way too much risk.
So, I guess this is true confessions. Lost some and that makes you take a closer look at things. I’m not out of the game, just dialing it back and being more careful and trading smaller. Also sleeping better and not worrying as much! Been here with @jeffcp66 since the beginning and appreciate everything so much. Have learned much and this may just be the best lesson I’ve learned.
Not sure if this helps anyone else, but hope it does. So, trade safe! I’m watchin’ and learnin’. Thanks.

Ramie 9:32 am on Friday, March 31, 2017
Tags: VXXGame ( 769 )

Closing SVXY, UVXY

Taking off some short volatility positions at near max profit.
Bought to close $SVXY Apr 13 85 puts @ .05 (sold for .40 on 3/21)
Bought to close $UVXY Apr 21 41 calls @ .04 (sold for 1.57 on 2/23)
#VXXGame