#optionsexpiration
$AMZN 800/820 BUPS Thanks @prvtrader
$SPX 2240/2265 BUPS (double usual size) Thank you @jeffcp66
Daily Archives: Friday, April 7, 2017
Options Expiration 4/7/17
#OptionsExpiration #VXXGame #CoveredCalls #SPXcampaign
–Expiring–
PANW 125 covered call
UVXY 31 calls
Also, closed earlier today: SPX Apr 10th 2320/2295 put spreads for .20. Sold for 1.75 on March 29th.
$ALXN #ShortPuts #FallingKnife – Sold…
$ALXN #ShortPuts #FallingKnife – Sold 1 ALXN Aug 18 2017 90.0 Put @ 2.45
#OptionsExpiration #Weeklys #Apr7 – first…
#OptionsExpiration #Weeklys #Apr7 – first expiration in quarter 2.
Everything expired. No Assignments
— Expirations —
DUST (Weekly) Apr 7 2017 22.5 Puts
DUST (Weekly) Apr 7 2017 38 Calls
NUGT (Weekly) Apr 7 2017 7.5 Puts
NUGT (Weekly) Apr 7 2017 8 Puts
NUGT (Weekly) Apr 7 2017 10 Calls (Covered)
NUGT (Weekly) Apr 7 2017 11 Calls (Covered)
SVXY (Weekly) Apr 7 2017 85 Puts
SVXY (Weekly) Apr 7 2017 86.5 Puts
SVXY (Weekly) Apr 7 2017 110 Puts
SVXY (Weekly) Apr 7 2017 117 Puts
SVXY (Weekly) Apr 7 2017 146 Calls
UVXY (Weekly) Apr 7 2017 17.5 Calls (Covered)
UVXY (Weekly) Apr 7 2017 18 Calls (Covered)
UVXY (Weekly) Apr 7 2017 18.5 Calls (Covered)
UVXY (Weekly) Apr 7 2017 19 Calls
UVXY (Weekly) Apr 7 2017 19.5 Calls
UVXY (Weekly) Apr 7 2017 20 Calls
UVXY (Weekly) Apr 7 2017 31 Calls
UVXY (Weekly) Apr 7 2017 35 Calls
UVXY (Weekly) Apr 7 2017 40 Calls
#OptionsExpiration for 4/7 $SVXY 04/07/2017…
#OptionsExpiration for 4/7
$SVXY 04/07/2017 130 puts
$UVXY 04/07/2017 19 calls
$UVXY 04/07/2017 30 calls
No assignments.
$UVXY
Just before the close, STO $UVXY Apr 13 $20 calls @ $0.43, stayed small.
$UVXY #ShortCalls – Bought to…
$UVXY #ShortCalls – Bought to close UVXY APR 7 2017 17.5 Calls @ 0.05 to avoid possible assignment with the stock at 17.50 at the close
OptionsExpiration
$SVXY $86.5 puts
$SVXY $90 puts
$UVXY $28 calls
$UVXY $29.5 calls
$UVXY $31 calls
$UVXY $35 calls
Quite a few contracts expiring again this week, just in time perhaps.
Have a great weekend everyone.
SPX sideways
#SPXcampaign #Market Nothing seems to shake us out of this consolidation. Who knows how long it will last? VIX and VXX are showing some signs, as @optioniceman points out. But until we get the move either way, theta has been doing wonders on my account. I’ll keep daring the market:
Sold to Open $SPXPM Apr 21st 2275/2300/2390/2415 iron condors for 4.10.
$VIX – the 1st and…
$VIX – the 1st and 2nd month futures are in backwardation. Further VIX rallies are likely.
http://vixcentral.com/
$NUGT #CoveredCalls #Rollout – repeating…
$NUGT #CoveredCalls #Rollout – repeating my weekly roll in an IRA account. The best one so far.
Bought to close NUGT Apr 7 2017 10.0 Calls @ 0.02
Sold NUGT Apr 13 2017 10.0 Calls @ 0.35 – only 4 trading days next week as the options expire on Thursday.
#shortcalls UVXY Sold June 16,…
#shortcalls UVXY
Sold June 16, 60 call for .54. Could have gotten more earlier-top-o-the chain, over 1000 traded today.
$UVXY
BTC Apr 13 $35 calls @ $.02, sold on 3/24 for $.45
Have other orders in to close out positions at .01 or .02. Like others of you, just booking some early at near max profit in case we get a chance to redeploy.
SPX calls sold
#SPXcampaign On the pop up to 2363, filled on this roll:
Sold to Open $SPX April 20th 2375/2400 call spreads for 7.50. Makes an iron condor with the Apr 20th 2325/2300 put spreads, sold for 3.00 earlier this week.
SPX calls closed
#SPXcampaign Bought to close $SPX Apr 13th 2400/2425 call spreads for .20. Sold for 3.25 on March 23rd.
Arab Spring and debt ceiling….any similarities to now? Hmmmm…
https://en.m.wikipedia.org/wiki/Arab_Spring
https://en.m.wikipedia.org/wiki/Black_Monday_(2011)
SVXY
#ShortPuts – Playing it safe near term. Will be looking out in time and much lower strikes…possibly adding to Jan 2018 strangles.
Bought to Close SVXY MAY 19 2017 80.0 Put @ 1.08 (sold for 1.35)
Bought to Close SVXY JUN 16 2017 70.0 Put Limit @ 1.13 (sold for 3.25)
And in an #IRA :
Bought to Close SVXY APR 21 2017 105.0 Put @ .80 (sold for 2.50)
Bought to Close SVXY APR 28 2017 100.0 Put @ 1.41 (sold for 2.20)
Bought to Close SVXY MAY 5 2017 100.0 Put @ 1.73 (sold for 2.75)
Bought to Close SVXY MAY 12 2017 95.0 Put @ 1.97 (sold for 2.25)
Since this is a smaller IRA that is usually fully invested in SVXY I’m booking these and looking for lower strike opportunities vs getting tied up for months in possibly underwater positions if something crazy happens.
Reducing SVXY
Following Iceman’s lead, I’m closing some positions to reduce exposure, while making some room for opportunities that may arise from further volatility.
Bought to close $SVXY Apr 21 95/155 strangles for .60. Sold for 2.73 on 3/13.
$ALXN #ShortPuts #FallingKnife – Sold…
$ALXN #ShortPuts #FallingKnife – Sold ALXN Aug 18 2017 85.0 Puts @ 1.65 with the stock at 114
PII Puts
Sold $PII May 19 70 puts @ 1.05. I’ve had pretty good success selling out of the money puts on this when it sells off. Stock at 79.89. Strike price below the September low.
$SVXY #ShortPuts – Bought to…
$SVXY #ShortPuts – Bought to close SVXY APR 21 2017 65.0 Puts @ 0.01. They won’t trade any lower and I’m out two weeks early. Sold 02/24/17 @ 0.87
Creating a little dry powder in case world events cause the VIX to spike again.
$SVXY #ShortPuts Bought to close…
$SVXY #ShortPuts Bought to close April 07th 130 puts @ 0.20. Originally sold for 2.35. Taking risk off instead of allowing them to expire. Something just might go down the crapper this afternoon and It wouldn’t be worth the heart ache for 0.20. Off to walk the dog.
PANW covered calls
#Earnings #CoveredCalls Not a fun one to be stuck in.
Sold to Open $PANW Apr 28 117 call for 1.25
SPX puts sold
#SPXcampaign Sold to Open $SPX May 5th 2230/2205 put spreads for 1.40, with SPX at 2352.
Slowly selling some UVXY calls
$UVXY Jun 16 45 calls @ 1.02
#VXXGame
Sep NUGT calls
Sold $NUGT Sep 15 18 calls @ 1.08. Highest strike in September.
March Jobs Report
+98,000 non-farm jobs added, below estimates & down from 219,000 in Feb
Unemployment down to 4.5% (from 4.7% in Feb)
U6 unemployment down to 8.9% (from 9.2% in Feb)
Labor force participation 63.0%
Avg Hourly Earnings up 0.2% (slowing from 0.3% in Feb)
Options Bistro 