Early Closes SPX Campaign VXX Game

#Early Close
$SPX BTC 4/17 2415/2390 BECS @ 93% profit Thank you @jeffcp66
$SPX BTC 4/21 2445/2420 BECS @ 95% profit Thank you @jeffcp66
$ABX BTC 4/21 16/20 BUPS @ 71%
$REGN BTC 4/21 425/420 BECS @ 93% profit Thank you @thomberg1201

#spxcampaign
STO 4/28 2405/2380 BECS @ 3.60 Thank you @jeffcp66

#vxxgame
$SVXY STO 5/5 90 put @ 1.50
$SVXY STO 5/12 65 put @ 1.50 Thank you @optioniceman
$SVXY STO 4/28 115 put @ 1.50
$UVXY STO 5/5 40 call @ .75

Been gone all week with grandkids in Washington DC. Catching up.
Thanks to everyone.
Have a peaceful Easter weekend.

$DUST #ShortPuts – Sold 1…

$DUST #ShortPuts – Sold 1 DUST JAN 19 2018 20.0 Put @ 6.40. I have a number of Jan 90 Calls already short.

After the bell closings

#SPXcampaign. No expirations today, but these two closed a couple minutes after the bell.

Closed SPX Apr 28th 2420/2445 call spreads for .20. Sold as part of a #CondorRoll for 2.10 on Mar 27th (the put side closed earlier today)
Closed SPX May 5th 2435/2460 call spreads for .20. Sold for 1.40 on Apr 5th.

Looking for more fun next week!

Have a great Easter weekend..

#easter

Have a great Weekend..hope everyone had a good week…

Cheers..

#OptionsExpiration #Weeklys #Apr13 – A…

#OptionsExpiration #Weeklys #Apr13 – A rather light week for expirations but very profitable.
$SVXY and $UVXY weekly positions are all set up for the next 5-6 weeks, more $DUST Puts expired, and $NUGT stock was called away at a nice profit.

The big Monthly expiration is next week plus earnings trades are on the horizon.

— Expirations —
DUST (Weekly) Apr 13 2017 22.5 Puts
NUGT (Weekly) Apr 13 2017 8 Puts

SVXY (Weekly) Apr 13 2017 80 Puts
SVXY (Weekly) Apr 13 2017 85 Puts
SVXY (Weekly) Apr 13 2017 105 Puts
SVXY (Weekly) Apr 13 2017 110 Puts

UVXY (Weekly) Apr 13 2017 35 Calls
UVXY (Weekly) Apr 13 2017 40 Calls

— Assignments —
NUGT (Weekly) Apr 13 2017 10 Calls (Covered)
NUGT (Weekly) Apr 13 2017 10.5 Calls (Covered)

OT

Bon weekend to everyone.

SVXY

My only expiration was the 105 puts today.

$UVXY #CoveredCalls #IRA #Rollup -…

$UVXY #CoveredCalls #IRA #Rollup
Bought to close UVXY Apr 13 2017 21.0 Call/ Sold UVXY Apr 21 23.0 Call @ 0.80 Credit.
Plus added 2 points to the strike price.

$UVXY #ShortCalls #Afterhours – Sold…

$UVXY #ShortCalls #Afterhours – Sold 1 UVXY May 19 2017 40.0 Call @ 1.91

$SVXY #ShortPuts – #Afterhours fills…

$SVXY #ShortPuts#Afterhours fills
Sold 1 SVXY May 12 2017 75.0 Put @ 1.29
Sold 1 SVXY May 19 2017 75.0 Put @ 1.53
Sold 1 SVXY Jun 2 2017 75.0 Put @ 1.95

OptionsExpiration

All I had left
UVXY $22.50 calls

All the rest of my positions were closed early or rolled.

$SVXY #ShortStrangle – I’m switching…

$SVXY #ShortStrangles – I’m switching to some strangle trades to boost total return on margin.
Sold SVXY Apr 28 2017 150.0 Calls/75.0 Puts @ 0.63 total credit. Only two weeks out.

SVXY

Last trade of the day. STO May 12, 65 puts @.55 cents.

$UVXY

STO Jun 16 $60 call @ $1.50, adding to position

SVXY

STO June 2, 75 puts @1.90

UVXY Adding in May

Sold $UVXY May 19 40 calls @ 1.67. Highest strike.

UVXY

STO January 2019, 60 call @ 7.30, following Iceman.

SVXY #ShortPuts #OptionLadder – sold…

SVXY #ShortPuts #OptionLadder – sold all these today at life of contract highs with SVXY @ 122
SVXY May 12 2017 75.0 Puts @ 1.17
SVXY May 12 2017 80.0 Puts @ 1.59
SVXY May 12 2017 85.0 Puts @ 1.92
SVXY May 12 2017 90.0 Puts @ 2.61

SVXY puts–6/2

Lowest strike in the new weekly series that started trading today.
Sold $SVXY Jun 2 75 puts 2 @ 1.60
#VXXGame

SVXY

STO June 16, 65 puts @1.30

$UVXY #Rollup Rolled Apr 13…

$UVXY #Rollup
Rolled Apr 13 $20 calls to Apr 21 $23.50 calls for even.

$UVXY #CoveredCalls #Rollup #IRA –…

$UVXY #CoveredCalls #Rollup #IRA – Bought back my Apr13 21.0 Calls and Sold Apr 21 22.5.0 Calls @ 0.85 Credit.
Not waiting for these to expire(if they even do) and then trying to sell the new ones on Monday.

SPX sales, stops, and rolls

#SPXcampaign Several trades… stopped out of a couple put spreads to lighten the load in case we have a blackish Monday.

STOPPED: Bought to close $SPX Apr 20th 2325/2300 put spreads for 5.20. Sold for 3.00 on Apr 5th.
STOPPED: Bought to close SPX May 5th 2245/2220 put spreads for 2.10. Sold for 1.45 on Apr 3rd

#ReverseRoll Sold to Open SPX May 5th 2395/2420 call spreads for 2.25… same expiry as above spread it is replacing

Also:
Closed May 5th 2440/2465 call spreads for .25. Sold for 1.45 on Apr 3rd
Closed Apr 28th 2150/2125 put spreads for .20. Sold as part of a #CondorRoll for 2.10 on March 27th

$DUST #ShortPuts – Bought to…

$DUST #ShortPuts – Bought to close DUST Apr 13 2017 24.0 Puts @ 0.05 to avoid possible assignment.
At 1:00 the stock was at 23.66.

$SVXY #shortputs STO Apr 21…

$SVXY #shortputs
STO Apr 21 $110 put for $1.35. Stock fell 10% this week, another 10% down – how likely- is $110 so should be safe.

$SVXY #shortputs BTC my Apr…

$SVXY #shortputs
BTC my Apr 13 $120 put for $0.10 cr. Originally sold yesterday for $0.80
I had a roll to next weeks $110 ready, if needed.

$UVXY

STO May 5 $38 calls @ $0.77, I was late on these

VXXGame dabble

#VXXGame. Sold a few positions… followed trades from Bistro members…

Sold SVXY May 19th 75 put for 1.30 (Tuesday)
Sold SVXY May 12th 65 puts for .60 (today)
Sold UVXY May 5th 40 call for .75 (today)

UVXY #VXXGame trades Sold: $UVXY…

UVXY #VXXGame trades
Sold:
$UVXY May 5 40 calls @ .85 Highest strike
$UVXY May 26 40 calls @ 1.80 Highest strike.
$UVXY Jun 16 50 calls @ 1.80
$UVXY Jan 18 2019 60 call @ 7.30 Following Iceman in a #ClassicVXXGame trade from yesterday.

X

Sold To Open $X May 19 27 puts @ 1.29 modified TT trade by Mike @ 29 will manage to 50%

TSLA trucking

http://www.cnbc.com/2017/04/13/musk-says-tesla-set-to-unveil-semi-truck-in-september.html

/ES hedge

#Futures – Been selling puts against the short emini gradually raising it’s basis. Closing the put for the weekend for a little extra protection.

Bought to Close /ES MAY 17 (Wk3) 2340 PUT @ 38.75

KaBoom!!

Anyone feel the rumble? That would leave a nice divot in North Korea too.

http://www.independent.co.uk/news/world/americas/gbu-43b-mother-of-all-bombs-massive-ordnance-air-blast-afghanistan-isis-a7682996.html

$UVXY #CoveredCalls #Rollup #IRA -…

$UVXY #CoveredCalls #Rollup #IRA – Bought back my Apr13 21.5 Calls at a gain and Sold Apr 21 23.0 Calls @ 0.85 Credit.
Not waiting for these to expire and trying to sell the new one’s on Monday.

SVXY

STO May 5, 85 put at 1.02 on 2 contracts

WFC, STO October 45 puts @1.21

$AMZN #CoveredCalls Took these off…

$AMZN #CoveredCalls
Took these off for 65-75% of the premium received instead of waiting for expiration. Will reload on the next move up in the stock.
Bought to close $AMZN Apr 21 910 call @ 2.07 (sold for 6.00 on 3/31)
Bought to close $AMZN May 19 1000 call @ 2.80 (sold for 10.00 on 4/5)

IRA rolled AAL 41 put…

IRA rolled AAL 41 put 4/21 out to 5/5 42 put for .81 credit. Originally sold for about .52 and was down to 0.07. Small account, only 2 contracts going.

Long weekend should give some good decay for my open TSO and WDC positions and maybe take some profits next week!

SKEW high

The $SKEW indicator has been above 130.00 since Feb 9th, the longest period above that level since its inception six years ago. Readings above 130.00 are typically a bearish sign, but it is not always a reliable indictor. (Readings below 120.00 are considered bullish)

FYI: European Markets Closed Monday….

FYI: European Markets Closed Monday. Below is a table of the European market closures over the holidays:

Index Maundy Thursday Good Friday Easter Monday
Germany’s DAX 30 Open Closed Closed
France’s CAC 40 Open Closed Closed
The U.K.’s FTSE 100 Open Closed Closed
Italy’s FTSE MIB Open Closed Closed
Spain’s IBEX 35 Open Closed Closed
Greece’s Athex Cmpsite Open Closed Closed
Portugal’s PSI 20 Open Closed Closed
Belgium’s BEL 20 Open Closed Closed
Netherlands’s AEX Open Closed Closed
Denmark’s OMX 20 Closed Closed Closed
Norway’s OBX Closed Closed Closed
Sweden’s OMX 30 Open Closed Closed

SPX calls sold

#SPXcampaign Sold to Open $SPX Apr 28th 2380/2405 call spreads for 4.75, with SPX at 2346.

$UVXY

I don’t trust the market and I have to spend most of the rest of the morning away in meetings.

BTC Apr 13 $21 calls @ $0.26, sold for $0.43

Still short $20’s and $22.50’s. Will deal with the $20’s later today as needed.

SPX trades

Good morning from Providence, Rhode Island
It is weird when the market doesn’t even open until 9:30.

#SPXcampaign
Bought to close SPX Apr 17th 2370/2395 call spreads for .40. Sold for 7.15 on Apr 3rd.
Bought to close SPX Apr 28th 2435/2460 call spreads for .20. Sold for 1.35 on March 30th.

Sold to open SPX May 12th 2420/2445 call spreads for 1.65, with SPX at 2340.

BOUGHT to Open SPX Apr 19th 2290/2265 bear put spreads for .75. This is in case we end the day lower and are poised for a dip into Monday. I will consider closing for a small loss today if that does not materialize.

$NUGT #ShortCalls – Sold a…

$NUGT #ShortCalls – Sold a few more this morning
Sold NUGT May 5 2017 14.0 Calls @ 0.39
Sold NUGT May 12 2017 14.0 Calls @ 0.57

$TSCO #ShortPuts #FallingKnife – Sold…

$TSCO #ShortPuts #FallingKnife – Sold TSCO OCT 20 2017 55.0 Puts @ 1.25

#Nikkei 225 Chart shows a…

#Nikkei 225 Chart shows a clear break of support. It could only be the first of the big indexes to break down
http://www.finviz.com/futures_charts.ashx?t=NKD&p=d1

Good morning

I love it when there is volatility.