I’m concerned about getting caught in the rising IV of an earnings date announcement so booking a winner and re-selling earlier to make sure it’s not in an earnings week. Kinda hit and miss when they announce.
Bought to Close CMG APR 21 2017 370.0/460.0 Strangle @ 2.73 (sold for 5.03)
and:
Sold CMG APR 13 2017 375.0/425.0 Strangle @ 3.07
Rolled in the money April $EWW short 49 calls out to May for .56 credit. I have short puts against this that have been rolled as EWW has risen. Now short April 47 puts against the May 49 calls. Will either roll the puts up again in April or out to May.
#CoveredCalls – Sold FEYE Apr 21 2017 12.5 Calls @ 0.38 replacing last week’s expiration.
#SPXcampaign Bought to close $SPX March 20th 2370/2345 put spreads for .20. Closing to avoid any last minute plunge in the market. These were sold on March 1st as part of a #CondorRoll for 9.55
It is quiet out there. Is this the lull before the storm?
$DUST #ShortCalls – Bought to close Sold 2 DUST Mar 24 2017 41.0 Calls @ 0.05. They won’t trade any lower.
Originally sold at 0.75 and 0.90 last month.
BTC April 21, 70 puts @0.10cents, sold @.85 cents.
#SPXcampaign Bought to close $SPX March 31st 2250/2225 put spreads for .20. Sold for 1.35 on Feb 27th.
Bought to close SPX March 27th 2345/2370 call spreads for 21.35. Sold as an #ITMRoll for 18.50 on March 15th. Looking to sell a replacement for April 3rd expiry.
Sold to Open SPX March 27th 2330/2355/2390/2415 iron condors for 5.20, with SPX at 2377.
Chart update coming later today.
STO Mar 31 $106 puts @ $0.40
$SVXY #ShortCalls – Sold 1 SVXY JAN 19 2018 265.0 Call @ 3.70. Highest available strike price.
#OptionsExpiration #Monthlys #Mar17 – it was almost all volatility plays again this week.
$GDX and $NUGT bounced this week on a strong move in GOLD after the Fed announcement, but not enough to take me out of my recently acquired stock positions.
Some nice big gains on some $DUST Puts helped too.
The relentless move up in $SVXY is killing me since I’m net short a lot of long term calls and I’m not making enough on the Puts to offset the climb.
— Expirations —
ANF Mar 17 2017 11 Puts
DUST Mar 17 2017 20 Puts
DUST Mar 17 2017 22 Puts
DUST Mar 17 2017 24 Puts
DUST Mar 17 2017 27 Puts
DUST Mar 17 2017 27.5 Puts
DUST Mar 17 2017 28 Puts
DUST Mar 17 2017 28.5 Puts
DUST Mar 17 2017 29 Puts
DUST Mar 17 2017 29.5 Puts
ESV Mar 17 2017 15 Calls (Covered)
NUGT Mar 17 2017 6 Puts
NUGT Mar 17 2017 7 Puts
NUGT Mar 17 2017 8 Puts
NUGT Mar 17 2017 16 Calls (Covered)
NUGT Mar 17 2017 52 Calls
SVXY Mar 17 2017 37 Puts
SVXY Mar 17 2017 40 Puts
SVXY Mar 17 2017 55 Puts
SVXY Mar 17 2017 75 Puts
SVXY Mar 17 2017 80 Puts
SVXY Mar 17 2017 85 Puts
SVXY Mar 17 2017 88 Puts
SVXY Mar 17 2017 89 Puts
SVXY Mar 17 2017 90 Puts
SVXY Mar 17 2017 97 Puts
SVXY Mar 17 2017 100 Puts
SVXY Mar 17 2017 102 Puts
SVXY Mar 17 2017 109 Puts
SVXY Mar 17 2017 110 Puts
SVXY Mar 17 2017 113 Puts
SWN Mar 17 2017 7 Puts
TRIP Mar 17 2017 40 Puts
TRIP Mar 17 2017 45 Calls
TRIP Mar 17 2017 46 Calls
UVXY Mar 17 2017 27 Calls (Covered)
UVXY Mar 17 2017 27.5 Calls (Covered)
UVXY Mar 17 2017 28 Calls (Covered)
UVXY Mar 17 2017 30 Calls
UVXY Mar 17 2017 34 Calls
UVXY Mar 17 2017 40 Calls
UVXY Mar 17 2017 45 Calls
UVXY Mar 17 2017 60 Calls
UVXY 20/Mar 17 2017 30 Calls
UVXY 20/Mar 17 2017 60 Calls
WHR Mar 17 2017 110 Puts
— Assignments —
FOSL Mar 17 2017 21 Puts
SVXY Mar 17 2017 125 Calls – I thought I had rolled all these. I’ll probably have to cover the resulting short stock position Monday.
$NUGT #ShortPuts – Bought to close NUGT Mar 17 2017 9.0 Puts @ 0.15, 0.12 and 0.10 with about 5 minutes to go before the close to avoid assignment.
Gains in all three accounts on these but I was hoping they would expire.
#optionsexpiration
AZO 670/680/780/790 earnings IC
AMZN 740/750 BuPS
DDD 19 covered call
FEYE 10 put
FEYE 13 covered calls
FL 62.50/77.50 earnings strangle, call closed earlier
GDXJ 39.50/41 call portion of a butterfly, puts closed earlier
Dog GPRO 10 covered call
KITE earnings IC 35/40/60/65 loser Kite is flying high
LNG 47.50 covered call
REGN 355/60 put spread
TRIP 46 call
UVXY 40 call
VXX 22 call
#OptionsExpiration for 3/17
Expiring:
$DIA 03/17/2017 200.00 puts
$DUST 03/17/2017 41.00 calls
$DUST2 03/17/2017 12.00 calls (pre-split strike)
$NFLX 03/17/2017 135.00 puts
$NUGT 03/17/2017 15.00 calls
$NUGT 03/17/2017 16.00 calls
$NUGT 03/17/2017 52.00 calls
$NVDA 03/17/2017 100.00 puts
$NVDA 03/17/2017 110.00 calls
$SVXY 03/17/2017 35.00 puts
$SVXY 03/17/2017 50.00 puts
$SVXY 03/17/2017 100.00 puts
$UVXY 03/17/2017 60.00 calls
$CLF 03/17/2017 13.00 calls (covered)
$TWLO 03/17/2017 32.00 calls (covered)
Assignments (stock being called away)
$TWLO 03/17/2017 30.50 calls
Have a great weekend everyone.
#OptionsExpiration #SPXcampaign #Earnings #IronCondor #ShortStrangles #VXXGame
— Expired —
AZO 670/680/780/790 iron condors
REGN 350 put
SPXPM 2340/2315 put spreads
SPXPM 2350/2325 put spreads
SVXY 100, 110, and 120 puts
UVXY 32 calls
–Assignment–
SVXY 100 call – assigned short stock. This was assigned a couple days ago. Will probably roll into ITM options if no correction starts soon.
–Exercised–
SPXPM 2385/2360 put spreads — got whipsawed this week, and tried to ride this one out today, but got crushed at day’s end. Looks like a 6.87 loss. Will add it to my list of rolls.
SVXY $55 puts
SVXY $85 puts
SVXY $105 puts
UVXY $22.50 calls
UVXY $25 calls
UVXY 26 calls
UVXY $27.50 calls
UVXY $30 calls
UVXY $40 calls
UVXY $46 calls
UVXY $60 calls
Not huge list for a Quarterly expiration as I’ve been staying short term and pretty safe with lots of cash in the account. Still, nicely profitable.
Have a great weekend everyone.
$AMZN 740/750 BUPS
$SPX 2090/2190 BUPS
$SPX 2200/2235 BUPS
$SPX 2225/2250 BUPS
$SPX 2160/2260 BUPS
$RUT 1315/1335 BUPS
$CRM 81.50/82.50 BUPS
$AMZN 835/840 BUPS
$DKS 60/55 BECS
$DVN 50 Call (Covered Call – May Sell Again)
$CF 35 Call (Covered Call – May Sell Again)
$CELG 120 Call (Covered – Called Away)
$UVXY 25 Call
$AMZN 750 put
$GRMN 47.50 Put
$X 35.50 Put
$SVXY 85 Put
#assignment (Figure Out Over the Weekend What to Do With These)
$VSI 20 Put
$ETSY 12.50 Put
$IRM 37.50 Put
$BAC 25 Put
Closed Early
#LongCalls
$AMZN STC 3/17 840 calls @ 13.15 BTO for 19
$XLF STC 3/17 24 Calls @.50. BTO for .28
Lost All
#Long Calls
$KMX 70 Call
$CMCSA 37.50 call
Happy Saint Patrick’s Day to all our Leprechauns to keep them favoring us all year long.
Thanks to all.
#SPX STO 3/22 2420/2395 BECS @ 1.50
#BePS Closed
BTO ALXN 129/124 BePS for $3.00 Sold for $2.40 last week. A small win but it sure beats losing.
Rolled today’s 16 puts out to April 16 puts for .23 credit
#Rolling
#CoveredCalls Bought to close $FB March 17th 140 Covered Call for .10, to avoid possible assignment. Sold for 1.00 on Jan 10th.
8:30am Entered a gap fade Short on The YM at 20920
8:40am Exit the trade at the 20890, on the pivot bounce…
gain of 30 points
9:40am Entered short YM at 20880, just under the 34ma
9:45 am Exited my trade as YM crossed the 865 level, just above the Mid PP..
Gain of 15 points
45 for today
355 for the week..
not too bad for a newbie….
#SPXcampaign
Two rolls sold yesterday near the close:
Sold to Open $SPX March 22 2395/2420 call spreads for 2.20
Sold to Open $SPX March 29th 2355/2380 call spreads for 18.50 #ITMRoll
Today:
Sold to Open $SPX April 13th 2300/2275 put spreads for 1.40, with SPX at 2379.
#bullputspreads
REGN sold an April 21 345/350 spread for .95, making an IC with a 420/425 call spread. I have an April 21 355/360/405/410 as well.
#shortputs
Closed early
$NVDA BTC 3/17 100/105 BUPS @ 1.20 STO 2/14 for 1.40 It seems my holiday scheme did not work out as well as planned. However, the small (15%) profit sure beat the 150% loss I was looking at last week.
#shortputs Rolled $REGN
$REGN BTC 5/9 300 put and STO $REGN 3/14 360 put for additional .20 credit and hopefully closing six weeks earlier.
$AMZN STO 4/7 820/840 BUPS @ 1.30 Thank you @prvtrader for idea
STO January 140 puts @5.35
#BuPS
STO Apr 7 AMZN 820/800 for $1.28
BTC Mar 24 TMUS 60/57 BuPS for $0.10 Sold for $2.45 last week.
#Earnings Bought to close $TIF March 17th 91 calls for .88. Looks like we may have hit the intraday low so closing the upside risk. Still short 91 puts and I will close cheaply or frantically if we drop further. Sold the 88/91/94 #IronButterfly yesterday for 2.15.
#ShortStrangles – after following @fuzzballl‘s lead and squeezing in my strangle to be 350/380, my short call flew above 15.00 this week… but now getting a welcome pullback on expiration day so I can exit cheaply and throw on the next one for April. Which strangle do you have for April 21, Fuzz?
#ShortPutsDiagonal
STO Mar 24 BIDU 180 Puts and BTO Mar 31 BIDU 175 Put for a Credit of $1.65 right at the open. BEP 177.29. The position makes max gain above 180.
#spxcampaign Closed early
$SPX BTC 3/20 2410/2385 BECS @4.00 Sold earlier on week for 4.05 (Being afraid sometimes works)
#shortputs
$NFLX STO 4/21 130/140 BUPS @ 2.80
$DUST #ShortPuts #RollOut – Bought to close DUST Mar 17 2017 36.0 Puts /Sold DUST Apr 28 2017 32.0 Puts @ 0.35 Credit with the stock at 31.43.
Took a big fat gain on the 36.0 put position as it was sold on an earlier rolldown.
STO Apr 21 $122 calls @ $0.35
STO Apt 13 $121 calls @ $ 0.36
I’m now done selling $TLT calls until near Mar 31 when I’ll be looking to replace or roll those calls then pretty much rinse and repeat every week after that. My version of the @fuzzballl trade. I get dizzy when I’m upside down so staying away from the inverted trades. 🙂
#earningstrade
ADBE went to April for some premium 110/115/130/135 for 1.25
STO 2019, 75 puts @13.55
This is in my IRA and is an annual return of 9.79% and if assigned will own it @61.45
I am getting a little nervous about my naked short calls from 180 to 250. Will this thing ever go down again?
With the call side of my April 43/49 strangle getting breached, I rolled up the put side to around 20 delta for .33 credit. Quite a move in the peso the last 2 days.
**BE SURE to click “Home/REFRESH” (above) periodically to make sure feature in the right hand column of the site remain updated.
#SPXcampaign trades from afternoon yesterday:
Bought to close $SPX March 20th 2320/2295 put spreads for .20. Sold for 1.60 on March 7th.
Bought to close SPX March 22nd 2345/2370 ITM call spread for 22.40. Sold for 15.50 on March 8th.
Partial Roll: Sold to open March 29th 2360/2335 put spreads for 3.25. Looking for a call spread #ITMroll today.
STOPPED: Bought to close SPX March 16th 2390/2415 call spreads for 2.91. Sold for 2.50 on March 8th.
This morning:
Sold to Open SPX April 13th 2455/2480 call spreads for 1.30, when SPX was at 2386.
I was expecting more strength today, but with the downward move I got stuck closing call spreads at the top yesterday.
Very interesting that Gold it up big today but the miner are down. My interpretation is that they don’t believe the gold move has legs.
Back home today. Made a couple of trades yesterday when I got a break here and there.
STO Apr 7 TLT $121 calls @ $0.41
STO Mar 24 UVXY $20 calls @ $0.50
STO Mar 24 UVXY $23 calls @ $0.25
Looking for additional $TLT/$TBT trades today.
#Earnings $TIF not a big mover, with a 3.82% average move and a positive 2.73% bias. Biggest UP move: 10.5%, Biggest DOWN move: -4.0%
Sold an #IronButterfly, March 17th 88/91/94 for 2.15. Max risk .85. Slightly bullish lean to the trade.
$ADBE earnings today. Any trades?
$DUST #ShortPuts – added some small positions
Sold DUST Mar 17 2017 27.5 Puts @ 0.30 with the stock at 29.10 – these expire tomorrow
Sold DUST Apr 13 2017 22.5 Puts @ 0.80 with the stock at 29.11 – strike price below recent lows
edit: also sold strike 27.0 puts that expire tomorrow
$DUST #ShortCalls – Bought to close 1 DUST Apr 7 2017 38.0 Call @ 0.95 with the stock at 29.08.
This strike price was too low (it was in the money just a few days ago) and since I sold this at 2.05, I’m taking my 50% gain and letting other short calls at higher strike prices run
$NUGT #ShortCalls – these are actually partially covered by long stock from recent put assignments at 10 and below
Sold NUGT Apr 21 2017 13.0 Calls @ 0.38 with the stock at 9.83
Sold NUGT Apr 28 2017 14.0 Calls @ 0.38 with the stock at 9.73
#spxcampaign
$SVXY STO 3/20 2410/2385 BECS @ 4.05 (What timing!!)
#longcalls
$BAC BTO 5/19 37 calls @ .37
$NFLX BTO 5/19 140 calls @ 11.40 (OMM) Replaced the 3/17 long calls @ 140 and 145 that I hit my stop early yesterday (My timing is a little off)
$MA BTO 4/21 110 calls @ 3.20 (OMM)
#shortputs
$DB STO 4/21 18 puts @ 1.40 (Bridget at OMM)
$KATE STO 4/21 23 put @ 1.00
#longcalls STC
$FIZZ STC 3/17 70 calls @ 3.50 BTO on 3/10 for 1.38 (Once again that darn timing)
Have a nice evening
Have we crossed the Rubicon today?
$SVXY #ShortCalls #Rollup – the market jump today forced me into this move –
Bought to close SVXY Mar 17 2017 125.0 Calls/ Sold SVXY Sep 15 2017 165 Calls @ 0.70 Credit
$NUGT #CoveredCalls – Sold NUGT Apr 28 2017 13.0 Calls @ 0.38
$DUST #ShortPuts – adding some new positions in an IRA with the stock at 31
Sold 1 DUST Apr 28 2017 23.5 Put @ 1.45
Sold 1 DUST Jun 16 2017 18.0 Put @ 1.45
Sold 1 DUST Jan 19 2018 15.0 Put @ 3.60
I will add at higher premiums
$DUST #ShortPuts – so I guess the roll I did yesterday was on point …. better to be lucky than good?
#SPXcampaign And we’re off to the races once again. As this kind of strength seems to carry through, at least for a day or two, I just reversed myself when a trade was almost ATM.
Bought to close $SPXPM March 17th 2390/2415 call spreads for 4.25. Sold as part of a #CondorRoll for 6.50 on March 10th.
#ReverseRoll Sold to Open SPXPM March 17th 2385/2360 put spreads for 4.65.
#bullputspreads
TSLA sold April 21 220/230 for 1.17 TSLA is at 256, down 1.64 today after a big jump yesterday
Sold some calls in January on the move up in gold.
Sold $NUGT Jan 19 2018 30 calls @ 1.00.
#SPXcampaign Before the Yellen pop, bought to close $SPX March 20th 2385/2410 call spreads for 4.55. Sold yesterday for 2.75.
Pretty foolish move to sell ahead of the FOMC decision. All signs pointed to a quarter-point raise and that the market would accept it. At least I saw my error before 2pm!
#ShortStrangles – Hate doing this already but busy rest of the week during market hours. It’s too bad since some of these might’ve expired. Just going out a week to stall a little….see where they are next Friday.
Rolled GLD 120.5/113 inverted strangles to next week @ .23 credit
Rolled NVDA 105/100 inverted strangles to next week’s 105/102 @ .46 credit
Rolled WYNN 100/105 inverted strangles to next week @ 1.34 credit
See all current positions on the chart to the right.
#SPXcampaign Sold to Open $SPX March 27th 2345/2370 call spreads for 18.50, #ITMroll from spread I stopped on Monday.
Sorry, forgot to post this on Monday.
#SPXcampaign
Last night after the bell:
Sold to open $SPX March 20th 2385/2410 call spreads for 2.75
Sold to open SPX April 13th 2435/2460 call spreads for 1.60
Today:
Bought to close SPX March 24th 2255/2230 put spreads for .30. Sold for 1.35 on Feb 22nd.
Bought to close SPXPM March 17th 2410/2435 call spreads for .35. Sold for 1.60 on March 6th.
$TGT $PRGO #FallingKnife candidates
$SVXY #ShortPuts – Sold SVXY APR 28 2017 85.0 Puts @ 1.40
$HES #ShortPuts #FallingKnife – Sold 1 HES AUG 18 2017 37.5 Put @ 1.15
#shortcalls
$UVXY STO 3/17 21 call @ .37 Thank you @honkhonk81
#FallingKnife trade on TGT
Sold $TGT Oct 45 puts @ 1.11 with the stock at 54.71.
Strike price at a level last seen by the stock in late 2009.
Sold $DUST Apr 28 60 calls @ 1.00. Highest strike.
$DUST #ShortPuts #RollOut – I am making this move earlier than normal on expiration week because I have multiple put positions coming due on this stock.
Bought to close DUST Mar 17 2017 41.0 Puts /Sold DUST Apr 7 2017 37.5 Puts @ 0.25 Credit with the stock at 38.05.
Took a big fat gain on the 41 put position as it was sold on an earlier rolldown.
This new position is out of the money.
edit: seems I was a bit early again ….
On travel for work so can’t watch the market. During a break I did fire off a couple of trades.
STO Mar 17 UVXY $22.5 calls @ $0.25
STO Mar 24 SVXY $100 puts @ $0.40
#VXXGame STO $SVXY March 17th 120 puts for .65 (expire Friday)
STO SVXY March 31st 110 put for 1.50
STO $UVXY April 7th 31 calls for .54
8:30 Open gap fade, entered Long at 790
8:40 Exit at 830 as we crossed the Mid-PP near the previous close..
Gain +40
8:45 Entered Short at the 830, as YM bounced off the 34ma..
9:00 Exit at 800, as the YM crossed the S1 PP..
gain +30
11:00 Entered Short at 800 as the YM moved south on a trend line break
11:15 Exit at 780, as YM stalls along the 38% fib just under the Mid PP…
gain +20
90 points for the morning…so far so good…
Borrowed an idea from TastyTrade.
Sold $USO Apr 21 9.50 puts @ .21
http://www.cboe.com/education/webcasts
#SPXSupport
These are extensions from previous down moves during the past 4 months. I would be very careful if we drop below 2350.
#IRA #ShortPuts – Sold SVXY APR 21 2017 105.0 Put @ 2.50
Replacing the one I closed yesterday…
#SPXcampaign
Sold to Open $SPX April 13th 2250/2200 put spreads @ 2.10, when SPX at 2363.
A little more downside protection still getting ~4.3% roi in a cash secured IRA.
#ShortStrangles – Adding the put side to the April call…just announced a small SUV coming.
Sold TSLA APR 21 2017 220.0 Put @ 2.10
Position is now 220/275 @ 4.43
#spxcampaign
$SPX STO 4/13 2200/2300 BUPS @ 7.20 Thanks @fibwizard and good luck to us.
$SPX STO 4/13 2235/2360 BUPS @ 1.60 Thank you @jeffcp66
#earlyassignment
$IRM 37.50 put May look at selling calls or take the hit and play another day.
Options Bistro 