#options expiration
ADBE 110/115 put spread, overall a .16 loser as part of an iron condor
AMGN 175/185 call spread, rolled twice
CHK 6 covered calls
CONN long 8 put loser
DECK 40/50 put spread
ENDP 12 covered call
GILD 70/72.50 loser
GS 220/227.50 earnings call spread, put spread rolled
IBM 170/172.50 earnings call spread, put side rolled
ISRG 690/700 put spread, call side closed before earnings, break even
IWM 128 covered puts
LULU covered 55 call
NFLX earnings trades winner!
VXX 19 calls, partially covered
Daily Archives: Friday, April 21, 2017
Friday Futures Trades
#OptionsExpiration for April monthly $AMZN…
#OptionsExpiration for April monthly
$AMZN 04/21/2017 950 calls (covered)
$CAT 04/21/2017 87.50 puts
$LULU 04/21/2017 50 puts
$M 04/21/2017 29 puts
$PANW 04/21/2017 105 puts
$QCOM 04/21/2017 49 puts
$SIG 04/21/2017 60 puts
$SVXY 04/21/2017 75 puts
$SVXY 04/21/2017 100 puts
$TSLA 04/21/2017 300 puts
$UNH 04/21/2017 160 puts
$UVXY 04/21/2017 30 calls
$X 04/21/2017 35 calls (covered)
No assignments.
Have a great weekend everyone. Will be watching the futures closely on Sunday as the French election results start to come out.
$VIX – Despite the late…
$VIX – Despite the late day pullback in $UVXY, $VIX futures contango settled at -0.70% (backwardation)
This is a small tailwind for $VXX and $UVXY holders and a small headwind for $SVXY
#OptionsExpiration $SVXY April 21st 125…
#OptionsExpiration
$SVXY April 21st 125 puts expired worthless…it was a ride this week!!!
Have a great weekend all.
#OptionExpiration $SVXY April 21st 125…
#OptionsExpiration
$SVXY April 21st 125 Puts Expired Quite a ride this week.
And that’s that. Have a great weekend all.
Expiration and Other Stuff
Good News
#optionsexpiration
$BABA 100/105 BUCS
$AMZN 780/805 BUPS
$AMZN 830/840 BUPS
$AMZN 865/875 BUPS
$AMZN 850/860 BUPS
$REGN 355/360 BUPS
$NFLX 120/130 BUPS
$GOOGL 800/820 BUPS
$LABU 44 calls
$SVXY 95 puts
$NKE 55 puts
$LULU 50 puts
Rolled a Few (No not that!)
$OCLR 10 put rolled to 5/19 @ additional .30
$SNAP 22 put rolled to 5/12 @ additional 1.20
NOT So Good News (Actually one is quite bad)
$GILD 70/72.50 BUPS Total Loss
$TSLA 310/300 BECS 400% loss based on initial cash taken in.
Earnings Trades
$IBM and $GS Butterflies B/E
$RENN 8/9 BUPS fun while it lasted
$EBAY 32.50 put assigned
Bad Trade
Assigned $KATE 23 put
Today’s Trades
#vxxgame
$SVXY 5/19 85 put @ 1.25. Thank you @jsd501
Thanks to everybody for sharing ideas and trading techniques.
Have a wonderful spring weekend.
#OptionExpiration #Apr21 #Monthlys – A…
#OptionsExpiration #Apr21 #Monthlys – A mostly profitable expiration with some longer term equity options expiring and plenty of ETF(Gold and Volatility) options too.
— Expirations —
COG Apr 21 2017 18 Puts
CVS Apr 21 2017 75 Puts
DUST Apr 21 2017 20 Puts
DUST Apr 21 2017 23 Puts
DUST Apr 21 2017 53 Calls
ISRG Apr 21 2017 830 Calls
MYL Apr 21 2017 42.5 Calls (Covered)
MYL Apr 21 2017 45 Calls (Covered)
NFLX Apr 21 2017 133 Puts
NUGT Apr 21 2017 7 Puts
NUGT Apr 21 2017 7.5 Puts
NUGT Apr 21 2017 8 Puts
NUGT Apr 21 2017 9.5 Puts
NUGT Apr 21 2017 13 Calls (Covered)
NUGT Apr 21 2017 15 Calls (Covered)
ORCL Apr 21 2017 49 Puts
SIG Apr 21 2017 60 Puts
SIG Apr 21 2017 65 Puts
SVXY Apr 21 2017 70 Puts
SVXY Apr 21 2017 75 Puts
SVXY Apr 21 2017 76 Puts
SVXY Apr 21 2017 77 Puts
SVXY Apr 21 2017 78 Puts
SVXY Apr 21 2017 79 Puts
SVXY Apr 21 2017 80 Puts
SVXY Apr 21 2017 85 Puts
SVXY Apr 21 2017 95 Puts
UVXY Apr 21 2017 22 Calls (Covered)
UVXY Apr 21 2017 22.5 Calls (Covered)
UVXY Apr 21 2017 23 Calls (Covered)
UVXY Apr 21 2017 32 Calls
UVXY Apr 21 2017 41 Calls
— Assignments —
UAA Apr 21 2017 25 Puts – going long some stock for a long term hold.
UAA Apr 21 2017 27.5 Puts
Expirations, Have a nice weekend.
FFIV 130 puts
JCOM 80 puts
QCOM 57 covered calls
DB 17 covered calls
IRDM 10 calls, will be called away
SVXY 70 puts
SVXY 75 puts
SVXY 85 puts
SVXY 105 puts
$DUST #goldminers STO Apr 28…
$DUST #goldminers
STO Apr 28 $33 calls for 0.30, delta 0.13 should be low risk.
$NUGT @ShortPuts – Sold NUGT…
$NUGT @ShortPuts – Sold NUGT May 12 2017 8.0 Puts @ 0.31. Rounding up my number of contracts to a multiple of 4 in case of assignment.
FEYE finally!
#CoveredCalls #IRA – Sold FEYE May 5 2017 12.0 Calls @ .96
After months and months of selling I’ll finally be out at a tiny profit. Sold this last batch in earnings week so great premium. Of course, now that my upside is capped, it’ll jump 50 percent on the announcement…LOL
Jade lizards for IRAs
A true jade lizard should have no upside risk. Could not do that with my WDC because I was at the top of the chain and the strikes were 2.5 wide. However, a good alternative to strangles in an IRA or non marginable account. You sell a put that is cash secured, then sell a call credit spread. If the credit exceeds the strike difference you have a strangle with no upside risk.
Another option with covered calls if you think the price will keep going up, sell a call credit spread. That way you cleect some credit but if the market takes off you can get a nice pop in your equity because you are net long call options.
Just random musings but I am sure some of you have tried these with good results. Jade lizards seem to be good for earnings. Manage them at 50% profit just like strangles.
$UVXY #ShortCalls – Sold 1…
$UVXY #ShortCalls – Sold 1 UVXY Jun 2 2017 40.0 Calls @ 1.15. Top of the chain with the stock at 19.79
SVXY
In my IRA, STO May 26, 70 puts @0.60 cents.
JCOM
STO June 16, 80 puts @2.20
In my IRA, SVXY, STO June 2, 75 puts @1.05
$SVXY #ShortPuts – SVXY drops…
$SVXY #ShortPuts – SVXY drops close to 125
Sold SVXY May 26 2017 75.0 Puts @ 0.96
Sold SVXY May 26 2017 80.0 Puts @ 1.26
SVXY
In my IRA, STO May 26, 75 put @ .80 cents which will replace the 70 and 75 puts that will expire today.
$UVXY #ShortCalls #Speculation – since…
$UVXY #ShortCalls #Speculation – since my scalp trades for this week (22/22.5/23) seem to be working and should expire in a few hours, I’m putting on one for next week.
Sold UVXY Apr 28 2017 33.0 Calls @ 0.27 with the stock at 19.40
edit: Added UVXY Apr 28 2017 34.0 Calls @ 0.27
STO EXPE next week 125…
STO EXPE next week 125 puts at 1.55. Earnings next week but good support at 125 in the big IRA account.
STO 2 IWM next week 135 puts at .80 in the smaller IRA.
#SVXY #volatility Roll Apr 21…
#SVXY #volatility
Roll Apr 21 $110 put to Apr 28 $110 put for $1.80 when stock at $126.72
$NUGT #CoveredCalls #IRA – This…
$NUGT #CoveredCalls #IRA – This account has 300 shares long with a basis around 9.00.
Not wanting to be left with a odd number of shares after the reverse split, I’ve rolled down my Apr 21 2017 10.5 Calls to Apr 28 2017 10.0 Calls for a 0.57 Credit with the stock at 9.97
I’m hoping they take the stock next Friday while I make an extra 5% in 7 days.
$SVXY #ShortPuts #IRA – Rolled…
$SVXY #ShortPuts #IRA – Rolled out 1 SVXY April 21 105.0 Put out 1 week for a 1.23 Credit
$UVXY #ShortCalls – Sold UVXY…
$UVXY #ShortCalls – Sold UVXY May 26 2017 42.0 Calls @ 0.89. Top of the chain with the stock at 19.62
$SVXY #ShortPuts – a little…
$SVXY #ShortPuts – a little more risk, but paired with short ITM calls or Short Stock or both
Sold SVXY Apr 28 2017 107.0 Puts @ 1.48 – only a week out and 20 points OTM
Sold SVXY May 5 2017 97.0 Puts @ 1.21 – only 2 weeks out and 30 points OTM
#REVERSE SPLITS: After close of…
$UVXY #CoveredCall #IRA – Rolled…
$UVXY #CoveredCalls #IRA – Rolled up my UVXY Apr 23.0 Call one week and up to 24.0 for an 0.80 Credit
#FallingKnife stocks today – $COP
#FallingKnife stocks today – $COP $MUR
ISRG
#Earnings #ShortStrangles – Could let this thing go at breakeven today but….it’s brought in nice premium so I’m gonna give it another week and try to get one side to expire then work with the other side for awhile.
Rolled 815/800 inverted strangle out to next week’s 817.5/815 inverted @ .20 credit.
New position is now 817.5/815 inverted @ 15.33
I’d prefer the call side to expire since the put should be easier to roll. Another option would be to roll whatever side is left out to a new, wider strangle.
Closing out the call spreads…
Closing out the call spreads (90/92.5 and 92.5/95) on my WDC laddered jade lizards with earnings coming up. I don’t mind being assigned on the downside if it drops below 75, but with a new price target of 116 don’t want to see a nice profit turn into a loss. I can close 1 at even, 1 for a slight loss, and 1 for a slight profit so basically a scratched trade. May re-ladder after earnings.
IRA selling some IWM puts that expire next week, 2 strikes OTM.
In the big IRA account will do the same with SPY.
$UVXY #CoveredCall #IRA – Rolled…
$UVXY #CoveredCall #IRA – Rolled forward my UVXY Apr 23.0 Call one week for an 0.88 Credit
$SVXY #ShortPuts – a couple…
$SVXY #ShortPuts – a couple of small trades to begin replacing positions expiring today.
Sold 1 SVXY May 19 2017 85.0 Put @ 1.28
Sold 1 SVXY May 26 2017 85.0 Put @ 1.45
Ongoing weekly experiment. I had…
Ongoing weekly experiment. I had not thought much about low value options, and typically would not sell options if they were less than $0.25. But one of the things I have already learned in the income blueprint is that a $0.40 option sold every week for a year (52 weeks) is $2080. On a 5000 account that is almost a 50% annual return. Food for thought on IRA or smaller accounts.
$VIX – http://www.businessinsider.com/mystery-trader-50-cent-cant-stop-betting-on-a-stock-market-shock-2017-4?r=UK&IR=T
$VIX – http://www.businessinsider.com/mystery-trader-50-cent-cant-stop-betting-on-a-stock-market-shock-2017-4?r=UK&IR=T
Options Bistro 