Final trades and Options Expiration 5/5/17

Gangbuster week with consolidating indices and no losers in earnings trades (one breakeven and one assignment)

#SPXcampaign
Sold to Open $SPX June 2nd 2310/2285 put spreads for 1.50

#VXXGame
BTC $SVXY May 26th 85 put for .15. Sold for 1.45 on Apr 21st

#Earnings
Sold to close $GRPN May 5th long 4 puts for .62; filled near the open, breakeven on the 4 straddle.
Previously closed winners this week: CMI, TSLA, CHTR, MELI, STMP.

#OptionsExpiration
— Expiring w/max profit —
$FB 146, 147, and 148 puts
$REGN 355/375/430/450 iron condors
— Expiring worthless (breakeven) —
$SPX risk/reversal: Long 2415/2435 call spreads, short 2435/2415 put spreads
— Assignment —
$TAP 92/95/98 Iron Butterfly; taking the stock from 95 puts, cost basis 93.00. I was going to close this for breakeven but missed the fill.

End of Week..

#offtopic

Have a nice week all..i had a great week in my Futures abyss…looking fwd to sunday’s open with the french election happening..

Cheers..

#OptionsExpiration for 5/5 $NVDA 05/05/2017…

#OptionsExpiration for 5/5

$NVDA 05/05/2017 97 puts
$SVXY 05/05/2017 75 puts
$SVXY 05/05/2017 90 puts
$UVXY 05/05/2017 32 calls
$UVXY 05/05/2017 39 calls
$UVXY 05/05/2017 40 calls

No assignments.

Have a great weekend everyone.

EXPIRATIONS

Have a nice weekend and I hope every one had a nice profit this week.

We lucky few. We band of premium sellers.

SVXY

75 puts

80 puts

81 puts

82 puts

85 puts

90 puts

150puts
In my IRA
75 puts
90 puts

#OptionsExpiration – a decent week…

#OptionsExpiration – a decent week as more #Volatility trades roll off.
$TSLA #EarningCompression trade worked too. No assignments this week.

— Expirations —
NUGT (Weekly) May 5 2017 9 Calls (Covered)
NUGT (Weekly) May 5 2017 13.5 Calls (Covered)
NUGT (Weekly) May 5 2017 14 Calls (Covered)

SVXY (Weekly) May 5 2017 70 Puts
SVXY (Weekly) May 5 2017 80 Puts
SVXY (Weekly) May 5 2017 81 Puts
SVXY (Weekly) May 5 2017 82 Puts
SVXY (Weekly) May 5 2017 83 Puts
SVXY (Weekly) May 5 2017 84 Puts
SVXY (Weekly) May 5 2017 85 Puts
SVXY (Weekly) May 5 2017 90 Puts
SVXY (Weekly) May 5 2017 97 Puts

TSLA (Weekly) May 5 2017 280 Puts

UVXY (Weekly) May 5 2017 32 Calls (Covered)
UVXY (Weekly) May 5 2017 39 Calls
UVXY (Weekly) May 5 2017 40 Calls
UVXY (Weekly) May 5 2017 42 Calls

$TROW #ShortPuts – Bought to…

$TROW #ShortPuts – Bought to close TROW Jul 21 2017 55.0 Puts @ 0.05. They won’t trade any lower and still have 77 days left until expiration.
A former #FallingKnife Trade. Sold on 01/27/17 @ 0.80

CMI

#shortputs
STO $CMI Jun17 150 puts @ 2.20 in IRA this is a dividend play ok to get assigned.

#ShortPuts #Spxcampaign Afternoon all. I’ve…

#ShortPuts #Spxcampaign
Afternoon all. I’ve been away except for brief spells of insanity
Sold to open May 26th 2280/2300 BuPS for 0.80 when SPX was at 2391.57
Sold May 26th 125 Puts @ 1.77 when $SVXY was at 149.71.
I have nothing for this week’s OpEX.
Have a great weekend all.

Options Expiration

Have to head to meetings for the rest of the day so need to post these a few minutes early.
Very light week as I’ve been closing positions early. Not much left.

$SVXY $75 puts
$SVXY $80 puts
$SVXY $82 puts

I have no remaining $VXXGame positions for next week. Can’t remember the last time that happened.

Hey Jeff, I found out this morning that I’m being sent to Portland on Monday to go work an issue at a facility in Wilsonville. Will be nice to see your part of the country. I likely will not be able to watch the markets next week as I’ll be consumed by work so everyone trade safe.

Taking off TSLA trade from yesterday

If it’s making 50% of its potential profit in 1 day, it’s coming off.
Bought to close $TSLA Jun 16 250 puts @ .88. Sold for 2.00 on 5/4.

SVXY

30 minutes to go and Fuzzball and I will know if we get the medal of honor or just book another premium.

$SVXY

Earlier today BTC May 12 $70 puts @ $0.02

SVXY

STO May 19, 125 put @1.15 I could not help myself.I am short a lot of calls in January from 180 to 270.

$SVXY #ShortPuts – Sold 1…

$SVXY #ShortPuts – Sold 1 SVXY May 19 2017 125.0 Put @ 1.16.
Waiting for many short Puts to expire today against existing short Calls.

EVIX and EXIV

http://www.euroinvestor.com/news/2017/05/03/velocityshares-launches-first-european-volatility-etns/13589275

$IBM #ShortPuts #FallingKnife – Sold…

$IBM #ShortPuts #FallingKnife – Sold 1 IBM JAN 19 2018 115.0 Put @ 1.21.
The three year low on the stock is 116.90

Expirations

Pretty Sure These Will Expire Worthless

#spxcampaign
$SPX 2225/2250 BUPS Hail to the @jeffcp66eff
$SPX 2170/2270 BUPS Thank you @fibwizard
$SPX 2300/2350 BUPS Hail to the @jeffcp66eff
$WYNN 105/110 BUPS
$NFLX 145/150 BUPS

#vxxgame
$UVXY 40 calls Thanks @honkhonk81
$SVXY 81 puts
$SVXY 90 puts
$FB 146 puts Thanks @jeffcp66 Earnings Trades
$STMP 90 puts Thanks @jeffcp66 Earnings Trades

Have a great weekend everyone.

SVXY

STO May 19, 140 put @ 1.54 on 1 contract. I am not sure if I will be assigned on the 150 put that expire today.

#shortputs

$AKAM #FallingKnife Sold $AKAM Jan…

$AKAM #FallingKnife
Sold $AKAM Jan 19 2018 40 puts @ 1.10 with the stock at 51.87.
Thanks to Iceman for the heads up on this ticker earlier in the week.

No OpEx this week still…

No OpEx this week still ramping up from vacation time. Viewing pleasure this weekend “The French Election” on Sunday.

Have a great weekend everyone!

/CL and summer demand

My first foray into crude futures so staying low risk. If we get a pop it’s a decent profit. If she tanks (doesn’t matter how low it goes) I’ll be long one dollar below where it’s trading in August. Pretty decent call premium for selling covered when (if) I get assigned.

SOLD /CL AUG 17 48/46 BULL PUT SPREAD @ 1.00

#F STO June 17 12…

#F STO June 17 12 put @ .90
so bored…vol/vix where are you?

Closed Another Early

#shortputs
$DB BTC 5/19/ 18 put @ .20. Sold 4/20 for 1.93

Closed Early

$AMZN BTC 5/5 930 put @.30. STO 4/28 for 7.10. Heeding words of wisdom from many and most recently from @hcgdavis.

WDC ladder roll

BTC WDC May 12- 85 put at 0.125. Sold last week for 0.74.
Rolling that Jun 9- 84.5 put for around a buck.

Keep the ladder rolling. So far 3 contracts have paid out 3k in 6 weeks.

Also once an option is anything less than .20 I think about closing or rolling. I have had too many trades whip a profit to loss if I had just closed them a few days earlier. We have all been there and done that but holding out another week or few days for pennies, the proverbial picking up pennies in front of the steam roller.

That’s all I have for the week, everyone have a good weekend and hear from you Monday!

#earnings REGN should have waited…

#earnings REGN should have waited 1 more day

IBM Falling knife

STO September 140 puts @1.90

REGN

#ShortStrangles – Bought to Close REGN MAY 5 2017 422.5 Puts @ .20 (sold for 25.20)

And:

Sold to Open REGN MAY 12 2017 430.0 Puts @ 6.50

UVXY….book ’em

#IRA #VXXGame – Maybe the election this weekend will give another opportunity…

Bought to Close UVXY JUN 16 2017 30.0/40.0 Bear call spreads @ .15 (sold for 1.92)
Bought to Close UVXY SEP 15 2017 60.0 Calls @ .50 (sold for 2.35)

$MRO #ShortPuts #FallingKnife – Sold…

$MRO #ShortPuts #FallingKnife – Sold MRO Oct 20 2017 11.0 Puts @ 0.46 with the stock at 13.89

SPX, try again…

#SPXcampaign #RiskReversal
Bought to open $SPX May 22nd 2410/2435 call spreads for 4.75
Sold to Open $SPX May 22nd 2375/2350 put spreads for 4.80

A third week in a row where I’m putting a trade out there for a push to new SPX all-time highs. Fortunately, the risk/reversal method means zero losses so far, despite being wrong about the hoped-for rally.

MELI closed

#Earnings Bought to close $MELI May 19th 210 puts for .05. Sold yesterday for 1.55.

#shortcallspreads TSLA June 16 340/345…

#shortcallspreads TSLA
June 16 340/345 @.52

$FLR #FallingKnife Sold these on…

$FLR #FallingKnife
Sold these on the post-earnings move down:
$FLR Oct 20 42.50 puts @ 1.40
$FLR Jan 19 40.00 puts @ 1.40

$AMZN

Forgot to post yesterday BTC May 5 $910/$900 BuPS @ $0.02

STZ

Good morning. BTC July 120 puts @.05. Sold at 3.20

JOBS report for April

Non-farm payroll: +211,000, way up from March +79,000 (revised downward)
UE rate: 4.4%, lowest since 2007
U6: 8.6%, lowest since 2007
Avg hourly earnings: +0.3%
Labor Force Participation: 62.9%, down a tick from March