Jeff 12:20 pm on Monday, May 22, 2017
Tags: IBroll ( 11 ), IronButterfly ( 141 ), ITMroll ( 83 ), ReverseRoll ( 144 ), SPXcampaign ( 2,265 )

SPX trades today

#SPXcampaign Sold $SPX June 23rd 2450/2475 call spreads for 1.70.
Closed SPX May 26th 2300/2275 put spreads for .20. Sold for 1.40 on Apr 28th.

Got stuck having to #ReverseRoll a double-sized position into calls last Wednesday, and had to stop out of them today. So I sold an #IronButterfly, or an #IBroll. This allows me to cut my position size in half, and spreads the risk more moderately in both directions rather than heavily in one direction. I will look to close each side when they get cheap, and if I’m stuck with either side significantly ITM a week before expiry, I will do an #ITMroll.

Stopped: closed SPX May 31st 2390/2415 call spreads for 9.35. Sold for 4.80 last Wednesday.
#IBroll: Sold June 7th 2365/2390/2415 iron butterflys for 18.10.

Ramie 10:49 am on Monday, May 22, 2017

AAOI selling puts on a rocket ship

Not my typical strategy, but I thought I’d try to get long the stock a couple of weeks ago so I sold some (at the time) near the money 55 puts in June. Those look like they will expire. I may or may not take them off but I’m adding July 55 puts for 2.00. My plan is to take this stock if assigned, not to roll out. I’ll keep trying until I get assigned. In the meantime…

Jeff 10:09 am on Monday, May 22, 2017
Tags: Earnings ( 3,108 ), IronCondor ( 244 )

AZO earnings

#Earnings The old reliable $AZO…
Sold to Open AZO June 16th 610/720 strangles for 4.75. Over last 12 reports, the 21-DAY MOVES of AZO: Biggest UP move: 7.5%, Biggest DOWN move: -3.3%, Average move: 2.4%. My strikes are 8.3% OTM.

#ironcondor

Ramie 10:00 am on Monday, May 22, 2017
Tags: VXXGame ( 769 )

Closing some June UVXY

Taking some risk off for almost full profit into the volatility contraction.
Bought to close:
$UVXY Jun 2 40 calls @ .04. Sold for 1.50 on 4/18
$UVXY Jun 16 50 calls @ .04. Sold for 1.80 on 4/13
$UVXY Jun 16 60 calls @ .04. Sold for 4.00 on 1/30

#VXXGame

Ramie 9:57 am on Monday, May 22, 2017

NUGT calls

Highest strike in September.
Sold $NUGT Sep 15 58 calls @ 2.60.

Ramie 9:50 am on Monday, May 22, 2017

WFM straddle

Sold $WFM Jun 16 36 straddle @ 1.80 with the stock at 36.36. Breakevens at 34.20/37.80.

thomberg1201 9:27 am on Monday, May 22, 2017
Tags: CoveredCalls ( 2,202 )

#coveredcalls LULU Good morning. Sold…

#coveredcalls LULU
Good morning. Sold June 9, 54 call for 1.00

hcgdavis 8:40 am on Monday, May 22, 2017

STO June 16 WDC 82.5 puts at 1.07

STO June 9 WDC 83.5 puts at 0.90
Reestablishing put ladder. I actually did not think they would go through, gapped up this morning but on pullback the orders auto filled.

Option Iceman 8:01 am on Monday, May 22, 2017
Tags: ShortCalls ( 979 )

$DUST #ShortCalls – Bought to…

$DUST #ShortCalls – Bought to close DUST Jun 16 2017 53.0 Calls @ 0.05. It won’t trade any lower
Closed out a month early. Originally sold on 05/04/17 at 1.20

fuzzballl 7:56 am on Monday, May 22, 2017
Tags: ShortStrangles ( 716 )

ISRG beast mode

#ShortStrangles – Nearly a 20 percent move in a month. Pretty impressive. Making a small adjustment…

Rolled this week’s 865 put up to 880 @ 4.00 credit
Rolled Jun 30th 862.5 call up to 867.5 @ 3.70 debit

Preserves my original premium in this week’s put sale while easing the ITM call up a little…

jdietz1954 7:53 am on Monday, May 22, 2017
Tags: ShortPuts ( 4,763 )

$SVXY #ShortPuts Rolled my May…

$SVXY #ShortPuts Rolled my May 26th 107 P up to May 26th 130 Put for 0.61 credit. Only 1 contract in a small Roth so trying to scalp a bit more. There was only .12 left on the 107 so it seemed like a reasonable thing to do.

jdietz1954 7:14 am on Monday, May 22, 2017

$SPX

#SPXcampaign Bought to close my May 26th 228/2300 BuPS @ 0.15 off a GTC order. Originally sold for 0.80 on 5/5. I need to put on new positions with this method but am reluctant to come out of my fox hole.

Option Iceman 6:44 am on Monday, May 22, 2017

$VIX – looks to be…

$VIX – looks to be headed back to 10

Kelly 6:43 am on Monday, May 22, 2017

$SVXY

Volatility getting crushed this morning.
STO SVXY May 26 $130 puts @ $0.80, at last weeks low

geewhiz112 4:25 pm on Friday, May 19, 2017
Tags: OptionsExpiration ( 794 )

Expirations, Closed Early and Assignment Oh My

#optionsexpiration
Expired Full Profit
$AMZN 890/920 BUCS
$GOOGL 850/860 BUCS
$SPX 2165/2190 BUPS
$FDX 175/180 BUPS
$BABA 110/115 BUPS
$GOOGL 800/810 BUPS
$AMZM 900/910 BUPS
$AMZN 980/970 BECS
$SPX 2445/2420 BECS
$ULTA 270/275 BUPS
$BIDU 165/170/205/200 IC (Earnings)
$NVDA 110/115 BUPS
$JAZZ 162.5/165 BECS (Earnings IC This almost offset total loss on put part – can I say put part in polite company)
$IBB 305 calls
$FXI 40 calls
$LABU 48 calls (covered)
$SVXY 70 put
$SVXY 133 put
$SVXY 122 put
$NVDA 90 put

Expired for Loss
$KATE 18/20 BUPS (64% of max loss)
$JAZZ 155/157.50 BUPS Max Loss
$BAC 27 calls Total Loss
$SWN 10 calls Total Loss

Closed Early
$BIDU BTC 177.5/185 BUPS @1.50 STO @ 2.70
$AAOI BTC 60/65 BUPS @.90 51% profit

Rolled
$OCLR 10 put to 6/19 10 put for additional .05
$SVXY 148 put to 5/26 146 put @ 1.00 added credit

Assigned
$AGN 225 put Basis 219.5

Thanks to everyone. Have a great weekend. Winter returning to NYC after heat wave since Bloody Wednesday.

Ramie 1:46 pm on Friday, May 19, 2017

CHRW adding at a lower strike

I missed this fill a little earlier.
Sold $CHRW Jan 19 55 puts @ 1.25

Kelly 1:40 pm on Friday, May 19, 2017

Options Expiration

SVXY $70 puts
SVXY $75 puts
SVXY $76 puts
SVXY $77 puts
SVXY $80 puts
SVXY $85 puts
SVXY $117 puts
SVXY $130 puts
UVXY $14 calls
UVXY $17 calls

Pretty good expiration

Option Iceman 1:11 pm on Friday, May 19, 2017
Tags: May19, Monthlys ( 13 ), OptionsExpiration ( 794 )

#OptionsExpiration #Monthlys #May19 – an…

#OptionsExpiration #Monthlys #May19 – an interesting week with rumor/politics causing a big drop that was almost erased by Friday. Volatility was all over the board, with the VIX rising almost 50% before settling back.

Maybe more fireworks next week, but this week’s swoon set me up with new positions in the weeklys options ($SVXY and $UVXY) through the end of June.

Only 1 small assignment for this week.

–Expirations —
DUST May 19 2017 45 Calls

HES May 19 2017 45 Puts

NUGT 25/100 May 19 2017 7 Puts
NUGT 25/100 May 19 2017 8 Puts
NUGT 25/100 May 19 2017 10 Calls (Covered)
NUGT 25/100 May 19 2017 14 Calls (Covered)
NUGT 25/100 May 19 2017 15 Calls (Covered)

SVXY May 19 2017 60 Puts
SVXY May 19 2017 65 Puts
SVXY May 19 2017 67 Puts
SVXY May 19 2017 68 Puts
SVXY May 19 2017 69 Puts
SVXY May 19 2017 70 Puts
SVXY May 19 2017 74 Puts
SVXY May 19 2017 75 Puts
SVXY May 19 2017 76 Puts
SVXY May 19 2017 77 Puts
SVXY May 19 2017 78 Puts
SVXY May 19 2017 79 Puts
SVXY May 19 2017 80 Puts
SVXY May 19 2017 81 Puts
SVXY May 19 2017 85 Puts
SVXY May 19 2017 111 Puts
SVXY May 19 2017 116 Puts
SVXY May 19 2017 117 Puts
SVXY May 19 2017 119 Puts
SVXY May 19 2017 120 Puts
SVXY May 19 2017 125 Puts
SVXY May 19 2017 129.5 Puts
SVXY May 19 2017 131 Puts
SVXY May 19 2017 132 Puts
SVXY May 19 2017 133 Puts
SVXY May 19 2017 134 Puts
SVXY May 19 2017 135 Puts
SVXY May 19 2017 136 Puts
SVXY May 19 2017 137 Puts
SVXY May 19 2017 138 Puts

TRIP May 19 2017 52.5 Calls

UVXY May 19 2017 13.5 Calls (Covered)
UVXY May 19 2017 14 Calls (Covered)
UVXY May 19 2017 15 Calls (Covered)
UVXY May 19 2017 15.5 Calls (Covered)
UVXY May 19 2017 16 Calls (Covered)
UVXY May 19 2017 20 Calls
UVXY May 19 2017 20.5 Calls
UVXY May 19 2017 21 Calls
UVXY May 19 2017 39 Calls
UVXY May 19 2017 40 Calls
UVXY May 19 2017 42 Calls

— Assignments —
M May 19 2017 25 Puts

jdietz1954 1:04 pm on Friday, May 19, 2017
Tags: OptionsExpiration ( 794 )

#optionsexpiration I have none having…

#optionsexpiration I have none having closed them all earlier. All, have a safe and wonderful weekend.

Ramie 1:03 pm on Friday, May 19, 2017
Tags: OptionsExpiration ( 794 )

#OptionsExpiration for 5/19 $AMZN 05/19/2017…

#OptionsExpiration for 5/19
$AMZN 05/19/2017 970 calls (covered)
$CYBR 05/19/2017 50 calls (covered)
$DIA 05/19/2017 195 puts
$DUST 05/19/2017 45 calls
$NVDA 05/19/2017 90 puts
$PII 05/19/2017 70 puts
$SVXY 05/19/2017 65 puts
$SVXY 05/19/2017 75 puts
$SVXY 05/19/2017 80 puts
$SVXY 05/19/2017 119 puts
$SVXY 05/19/2017 129.50 puts
$SVXY 05/19/2017 135 puts
$SVXY 05/19/2017 136 puts
$SVXY 05/19/2017 137 puts
$SVXY 05/19/2017 138 puts
$TGT 05/19/2017 55 puts
$TWLO 05/19/2017 32 calls (covered)
$UVXY 05/19/2017 30 calls
$XOP 05/19/2017 34 puts

No assignments.

Have a great weekend everyone.

Jeff 1:02 pm on Friday, May 19, 2017
Tags: Earnings ( 3,108 ), IronButterfly ( 141 ), Rolling ( 449 ), SPXcampaign ( 2,265 )

No expirations, final trades…

#Earnings Closed $HD May 19th 157.5 puts for 1.05. Sold in the 155/157.5/160 broken-wing #IronButterfly for 2.82 on Monday.
#Rolling Closed $PANW May 19th 135 put for 18.60. Sold for 25.90 on Apr 19th (as a roll). Sold June 16th 110p for 3.30, and June 16th 130 put for 15.30. Brought my ITM put down 5 points.

#SPXcampaign Sold to Open $SPX June 15th 2275/2250 put spreads for 1.35.
Sold to Open May 31st 2360/2335 put spreads for 2.70… offsets threatened 2390/2415 call spreads for the same expiry.

fuzzballl 1:01 pm on Friday, May 19, 2017
Tags: LongCallDiagonals ( 99 )

JPM

#LongCallDiagonals – Adjusting front month sales…

Bought to Close JPM MAY 26 2017 88.5 Calls @ .03 (sold for .45)
Sold JPM JUN 2 2017 86.0 Calls @ .50

jsd501 1:00 pm on Friday, May 19, 2017

Expirations, Everyone have a nice weekend. I am going to the gym.

This is a large one for me. It will free up a good amount of margin.

In the IRA:

SVXY:
70 puts
75 puts
80 puts
85 puts

In the trading account:

REGN 420 puts
SVXY: 100puts,110 puts,120 puts, 125 puts,130 puts, 132 puts, 65 puts, 67 puts, 69 puts, 70 puts, 75 puts, 80 puts, 85 puts, and 90 puts

fuzzballl 12:35 pm on Friday, May 19, 2017
Tags: IRA ( 431 ), LongCallDiagonals ( 99 )

EWZ Whiz style

#LongCallDiagonals #IRA – Adding one of his with modified strike prices…he uses long delta 80 Leaps and just buys protective puts 20 percent below the current price. I generally buy about delta 70 Leaps and sell bull put spreads to reduce the entry fee. Either way though, sell front month to reduce basis.

Bought Jan 2019 30 calls and sold Jan 2019 25/20 Bull put spreads (and sold May 26 35.5 calls against these). Net debit of 6.35.

With 87 weeks to go front month calls don’t need to bring in much at all for this to be a zero cost trade…

Kelly 11:48 am on Friday, May 19, 2017

$UVXY

I did make a couple of trades earlier today.
STO UVXY May 26 $15.5 calls @ $0.33 (highest close this week was $15.85)
STO UVXY Jun 9 $20 calls @ $0.38
STO UVXY Jun 9 $24 calls @ $0.39

Ramie 11:48 am on Friday, May 19, 2017

Closing EWZ

Bought to close $EWZ Jun 30 puts @ .28. Sold yesterday for 1.00.

Option Iceman 11:07 am on Friday, May 19, 2017
Tags: CoveredCalls ( 2,202 )

$UVXY #CoveredCalls – Feeling pretty…

$UVXY #CoveredCalls – Feeling pretty certain that today’s 15 and 15.5 calls would expire with the stock below 13 with 2 hours to go, I pre-sold new calls for next week.
Sold UVXY May 26 2017 16.5 Calls @ 0.28
Sold UVXY May 26 2017 17.0 Calls @ 0.28

tabortrader 9:44 am on Friday, May 19, 2017
Tags: ShortPuts ( 4,763 )

TRTN

$TRTN #ShortPuts STO Oct 20, 2017 25 puts @ 2.60 IRA account will take stock w/ .45 qtrly dividend if need be

Option Iceman 9:29 am on Friday, May 19, 2017
Tags: FallingKnife ( 964 ), ShortPuts ( 4,763 )

$TSO #ShortPuts – Bought to…

$TSO #ShortPuts – Bought to close 1 TSO JUN 2 2017 68.5 Put @ 0.01.
Originally sold on 04/19/2017 at 1.09 as a #FallingKnife trade.

Jeff 9:18 am on Friday, May 19, 2017
Tags: CondorRoll ( 191 ), ReverseRoll ( 144 ), SPXcampaign ( 2,265 )

SPX roll

#SPXcampaign So far this Downside Warning is shaping up to be a big failure. I’m going to have to review the set up as the signal is not as reliable in the last couple years as it was prior to 2015. However, until we close below 11.00 (which could be today), we could still weakness next week. The rally today could be an OpEx thing.

But regardless, I was too aggressive on reverse rolls on Wednesday; placed too many below the Tuesday high of 2405, which should have been my line in the sand.

Bought to close $SPX May 26th 2380/2405 call spreads for 10.50. Sold for 8.00 on Wed as a #ReverseRoll
Sold to Open SPX June 12th 2315/2340/2410/2435 #CondorRoll for 7.55, 1.5x position size. One side of that will likely require further attention, but the idea is to get the current ATM spread out of play.

Option Iceman 9:15 am on Friday, May 19, 2017
Tags: rolled ( 6 ), ShortPuts ( 4,763 )

$SVXY #ShortPuts – #Rolled my…

$SVXY #ShortPuts – #Rolled my SVXY May 19 2017 148.0 Puts down and out. I split the position into 2 parts.
Bought to Close SVXY May 19 2017 148.0 Puts @ 4.81/Sold SVXY Jun 2 2017 142.0 Puts @ 5.31 for a .50 Credit and a 6 point drop in the strike price
Bought to Close SVXY May 19 2017 148.0 Puts @ 4.11/Sold SVXY May 26 2017 145.0 Puts @ 4.61 for a .50 Credit and a 3 point drop in the strike price. Only one more week until expiration on this one.

jsd501 8:59 am on Friday, May 19, 2017

SVXY

I expect to be assigned on my 150 puts so I STO the January 150 call @ 23.95 which will give me an annual return of 23.7% on the 1 contract.

jdietz1954 8:44 am on Friday, May 19, 2017

$SVXY

#ShortPuts Rolled my May 19th 150 Puts out to May 26th 150 Puts for 1.29 credit when $SVXY was at 144.16.

hcgdavis 8:10 am on Friday, May 19, 2017

Thanks to all for showing…

Thanks to all for showing me the VXX trades. With the vol. spike I was able to see what happens, looks like 7:1 leverage on SVXY and now I see why the premiums are so high but awesome!

Rolled TSO May 19 80.5 put to May 26 81 put for 0.52 credit.

May try weekly SPY IC based on the spx campaign. Will establish 1-5 point wide wings and roll challenged options. See if it is any more efficient than SPX although may not get the tax benefit of SPX. Will let you know how it goes after a few weeks but this may be a better option for small accounts than SPX. Won’t start until next week when I have some expiring positions that will free up capital and margin.

Cheers and everyone have a good weekend! I am done trading for the week.

fuzzballl 8:07 am on Friday, May 19, 2017
Tags: HolyCrap ( 2 ), IRA ( 431 )

XIV stock

#HolyCrap – Can’t believe it…a stock trade at “The Bistro” !!

#IRA – Just for fun was scaling into some XIV this week at 77.85, 75.70, 73.35, and the biggest chunk at 68.02. Average share price of 72.59. Wasn’t looking too good initially so with this move today I feel like “ya gotta book it”. Could see another 9 handle in the VIX but no greed here.

Sold XIV stock @ 74.60 (bought for 72.59)

fuzzballl 7:54 am on Friday, May 19, 2017
Tags: ShortStrangles ( 716 )

ISRG adjustment

#ShortStrangles – Spending a little of the weekly premium accumulated to make a small roll up. Trying to keep all of these in the expirations prior to the next earnings announcement. Then, if I still have the position, it can be rolled up or down quite a bit for a credit rolling it into the high IV of an earnings week.

Rolled ISRG JUN 16 2017 855.0 Call to JUN 30 2017 862.5 Call @ 1.16 debit

Sold against next week’s 865.0 put…total premium for the entire position is now down to 27.20. Would still love to be out by earnings. Amazing move on this thing…120 points from the low the day before earnings. 16 percent in 3 weeks. Are stocks like this actually worth that much?

jsd501 7:17 am on Friday, May 19, 2017

TSO

BTC June 2, 68.5 put @.01, sold @1.10 on a falling knife trade.

fuzzballl 7:13 am on Friday, May 19, 2017
Tags: Futures ( 85 )

/ES hedge adjust

#Futures – After a couple rolls down earlier this week I managed a small profit so re-setting for June.

BOUGHT /ES MAY 17 (Wk3) 2350 CALL @ 19.75 (sold for 28.50)
SOLD /ES JUN 17 2370 CALL @ 26.00

Jeff 7:09 am on Friday, May 19, 2017
Tags: StrangleRoll ( 49 ), VXXGame ( 769 )

SVXY roll

#VXXGame Yesterday, bought to close $SVXY June 16th 130 call for 12.45. Sold for 6.40 on Dec 21st.
Today, #StrangleRoll, Sold Dec 95/210 strangle for 12.90

fuzzballl 7:06 am on Friday, May 19, 2017
Tags: TakeOneForTheTeam ( 53 )

SVXY TOFTT update

#TakeOneForTheTeam – Was short a 160/155 put spread from a couple weeks ago. Of course was exercised early on the short 160 today. Immediately closed the 155 long put for 17.25. Originally received 2.80 for the spread so a grand total of 20.05 in premium to offset the 160 purchase price.

Stock basis of 139.95 is where she settled out…

I don’t feel like I really need this protection for the Jan 2018 short calls anymore so will aggressively try to unload this by selling a covered call slightly in the money.

Sold SVXY MAY 26 2017 137.0 Call @ 4.85

Still make a couple bucks with breakeven of 135.10

Option Iceman 7:05 am on Friday, May 19, 2017
Tags: FallingKnife ( 964 ), rolled ( 6 ), ShortPuts ( 4,763 )

$GILD #ShortPuts – Bought to…

$GILD #ShortPuts – To avoid assignment, bought to close GILD May 19 2017 65.0 Puts @ 0.41 that I had sold for 1.40 in Feb.
#Rolled down to next month’s GILD Jun 16 2017 62.5 Puts @ 0.67 (for a 0.26 credit on the roll).
Dropped the strike price 2.5 points and avoided assignment on this #FallingKnife trade.

Option Iceman 6:53 am on Friday, May 19, 2017
Tags: CoveredCalls ( 2,202 ), rolled ( 6 )

$NUGT #CoveredCalls – Bought to…

$NUGT #CoveredCalls – Bought to close NUGT May 19 2017 35.0 Calls @ 0.70 that I sold last Friday for 1.43.
#Rolled up to next week’s NUGT May 26 2017 36.0 Calls @ 1.42 (for a 0.72 credit on the roll).
Raised the strike price a point.

Kelly 6:49 am on Friday, May 19, 2017

$SVXY

I will have limited market access today, so rolled my SVXY May 19 $148 puts mostly into June 2 $133.5 puts, also some Jun 9 $95’s and Jun 16 $90’s to get a credit.

Made this trade late yesterday, didn’t have a chance to post.

jsd501 6:43 am on Friday, May 19, 2017

SVXY roll

BTC May 19, 150 put and sold June 16 145 put for a credit of 1.08

I think the rest of my short puts will expire at zero today but, we will see.

Jeff 6:25 am on Friday, May 19, 2017

NVDA looks poised for another…

NVDA looks poised for another run at all-time highs
I’m glad I wasn’t filled at on my order for a neutral iron butterfly on ADSK. Too the moon!

Jeff 9:17 pm on Thursday, May 18, 2017

SPX Chart and VIX Indicator…

SPX Chart and VIX Indicator have been updated

geewhiz112 6:37 pm on Thursday, May 18, 2017
Tags: ShortPuts ( 4,763 ), SPXcampaign ( 2,265 )

Late Trades

#shortputs
$SVXY STO 6/16 100 put @ 2.25

#spxcampaign
$SPX STO 5/26 2279/2320 BUPS @ 3.00

Red wallpaper? Did I miss Valentine’s Day?

hcgdavis 3:04 pm on Thursday, May 18, 2017

Rolled Jun 23 SVXY 110…

Rolled Jun 23 SVXY 110 put to Sep. 15 100 put for 1.90 credit. Reduced margin, brought in a few more bucks.

Then I went kiteboarding because staring at computer screens all day is not good for us and it was 88, sunny, and windy at assategue and is as close as we can get to flying without an engine or jumping off something really tall!

Looks like some of you have been selling the crap out of options……….

Option Iceman 1:28 pm on Thursday, May 18, 2017

$SVXY – today’s early post…

$SVXY – today’s early post market moves in SVXY mean that you can’t rely on SVXY puts to expire based on the 4 pm closing price tomorrow.
Today, after closing at 133.50, it rallied to 134.33, then plunged to 130.28 before recovering a bit.
If we see this tomorrow, some unexpected assignments could take place.
I will be covering every profitable position I can during the day at low prices, but I will be rolling any ITM positions that I can’t cover out at least a week.

Option Iceman 1:03 pm on Thursday, May 18, 2017
Tags: ShortCalls ( 979 ), VXXGame ( 769 )

$UVXY #ShortCalls #VXXGame – Sold…

$UVXY #ShortCalls #VXXGame – Sold all these earlier with UVXY near 15.80.
Sold 1 UVXY Sep 15 2017 60.0 Call @ 1.19
Sold 1 UVXY Jan 19 2018 60.0 Call @ 2.30
Sold 1 UVXY Jan 18 2019 60.0 Call @ 4.19.
All these are the highest available strike prices

jdietz1954 12:31 pm on Thursday, May 18, 2017
Tags: ShortPuts ( 4,763 )

$SVXY #ShortPuts Sold June 16th…

$SVXY #ShortPuts Sold June 16th 100 Puts @ 2.24.

jsd501 12:30 pm on Thursday, May 18, 2017

SVXY

STO December 75 puts @ 4.35

thomberg1201 12:07 pm on Thursday, May 18, 2017
Tags: ShortPuts ( 4,763 )

#shortputs PIR sold Dec. 4…

#shortputs PIR
sold Dec. 4 strike put for .46

Ramie 11:53 am on Thursday, May 18, 2017

MNK adding Oct

I’m already short 30 puts in January. I might add 25 puts, but for now I’m adding 30 puts in October.
Sold $MNK Oct 20 30 puts @ 1.20.

thomberg1201 11:49 am on Thursday, May 18, 2017
Tags: ShortCallSpreads ( 91 )

#shortcallspreads SPY From TradeWise, TDA…

#shortcallspreads SPY
From TradeWise, TDA affiliated sell June 2, 240/242 calls@.52

Option Iceman 11:44 am on Thursday, May 18, 2017
Tags: FallingKnife ( 964 ), ShortPuts ( 4,763 )

$TRIP #ShortPuts – Bought to…

$TRIP #ShortPuts – Bought to close 1 TRIP Jun 16 2017 36.0 Put @ 0.05. It won’t trade any lower.
A former #FallingKnife trade sold on 02/27/17 @ 1.15. Closed out a month early.

Option Iceman 11:41 am on Thursday, May 18, 2017
Tags: ShortCall ( 5 ), ShortPuts ( 4,763 )

$SVXY #ShortPuts – Sold SVXY…

$SVXY #ShortPuts – Sold SVXY Jun 9 2017 75.0 Puts @ 0.60 with the stock at 132.15

$UVXY #ShortCall – Sold 1 UVXY Jun 30 2017 22.0 Call @ 2.02 with the stock at 15.80.
The strike price is pretty low but it is the highest available for this weekly contract.

Jeff 11:33 am on Thursday, May 18, 2017
Tags: CondorRoll ( 191 ), SPXcampaign ( 2,265 )

SPX roll

#SPXcampaign Having to roll out call spreads already…. Reverse rolling not working as well as usual, but I admit this one I sold this morning was much too aggressive.

Stopped SPX May 19th 2370/2395 call spreads for 7.00. Sold this morning for 3.20.
#CondorRoll Sold June 2nd 2295/2320/2410/2435 condors for 4.90, 1.5x position size.

jdietz1954 11:25 am on Thursday, May 18, 2017

$SVXY

#Short Puts Bought to close my May 19th 130 Put @ 0.80 on this pop to avoid any issues. Originally sold for 1.85 on 5/1. Hope everyone is having a green day. #Shortputs

jsd501 10:09 am on Thursday, May 18, 2017

SVXY roll

BTC May 19, 140 put and sto June 16, 130 put for a credit of .95 cents.
BTC May 19, 139 put and STO June 16, 130 put for a credit of 1.80
BTC May 19, 137 put and STO June 16, 127 put for a credit of 2.60
BTC MAy 19, 136 put and STO June 16, 127 put for a credit of 4.20
BTC May 19, 135 put and STO June 16, 125 put for a credit of 3.20

jsd501 10:04 am on Thursday, May 18, 2017

SVXY Roll

BTC May 19, 148 puts

STO June 16, 143 puts for a credit of .38 cents

fuzzballl 9:54 am on Thursday, May 18, 2017
Tags: PerpetualRollingStrangles ( 116 )

Rolled GLD

#PerpetualRollingStrangles – Darn it…thought she might take out the puts this week but didn’t quite have the oomph. Rolling a month and tightening the inversion by a half point while still bringing in nice credit.

Rolled GLD MAY 19 2017 120.5/113.0 inverted strangles to JUN 16 2017 120.0/113.0 @ .80 credit

jsd501 9:50 am on Thursday, May 18, 2017

SVXY

STO June 23 80 put @1.38 on 1 contract.

Rolled May 19, 138 put To June 16 124 put for a credit of .45 cents.

Jeff 9:49 am on Thursday, May 18, 2017
Tags: ReverseRoll ( 144 ), RiskReversal ( 86 ), SPXcampaign ( 2,265 )

SPX trades

#SPXcampaign I am selling this rally, even though its strength is unusual for the day after a warning. It is certainly true that the Downside Warning can represent an SPX bottom, so I’m being cautious and ready to manage call spreads if the rally continues.

#RiskReversal: Wish I’d waited to enter this one, but oh well. This was entered at the open and meant to take advantage of possible strong moves down today or tomorrow.
Bought SPX May 24th 2300/2275 put spreads for 2.20
Sold SPX May 24th 2385/2410 call spreads for 2.60

Stopped: SPX Jun 9th 2290/2265 put spreads for 2.80 (this hit my 3.00 stop)
#ReverseRoll Sold SPX May 19th 2370/2395 call spreads for 3.20. Expires Friday afternoon, unless I have to roll it.

Sold to Open $SPX June 15th 2430/2455 call spreads for 1.85, with SPX at 2366.

jsd501 9:34 am on Thursday, May 18, 2017

SVXY

STO June 23 80 put @1.38 on 1 contract.

Ramie 9:00 am on Thursday, May 18, 2017
Tags: RollOut ( 41 )

LULU roll

A missed opportunity to take this off a week ago for less than .20 and a nice profit. Now, it’s a loser that has to be managed.

Rolled $LULU May 52.50 puts out to Jun for 1.20 credit.

#Rollout

Kelly 8:57 am on Thursday, May 18, 2017

$SVXY

Did an early roll. When $SVXY dropped back below $135, BTC 2 SVXY May 19 $135 puts, STO 3 SVXY June 9 $99 puts for a small credit.

Ramie 8:45 am on Thursday, May 18, 2017
Tags: RollOut ( 41 )

Rolling HD

Working basis down on this.
Rolled $HD May 148/150 strangle out to Jun 145/150 strangle for 1.16 credit.

#Rollout

fuzzballl 8:29 am on Thursday, May 18, 2017
Tags: ShortStrangles ( 716 )

CMG roll

#ShortStrangles – Got a little too aggressive rolling the put up. Trying to bring it back down a little. Premium on this contract is up to 17.10. May have to use some of that to roll the June 450 call it’s sold against.

Rolled CMG MAY 19 2017 500.0 Put to JUN 2 2017 497.5 Put @ 1.00 credit

fuzzballl 8:26 am on Thursday, May 18, 2017
Tags: ShortStrangles ( 716 )

ISRG roll

#ShortStrangles – Rolling out a week for nice credit. Premium now up to 17.65 on this contract. Sold against a Jun monthly 855 call…

Rolled ISRG MAY 19 2017 865.0 Put to MAY 26 2017 865.0 Put @ 3.00 credit

fuzzballl 7:48 am on Thursday, May 18, 2017
Tags: ShortStrangles ( 716 )

REGN

#ShortStrangles – Still selling the crap out of weeklies against longer term 420 calls. Accumulating plenty of premium for a roll if needed.

Bought to Close REGN MAY 19 2017 445.0 Puts @ .68 (sold for 10.00)

And:

Sold REGN MAY 26 2017 455.0 Put @ 8.55
Sold REGN MAY 26 2017 457.5 Put @ 9.65

hcgdavis 7:22 am on Thursday, May 18, 2017

Few trades

STO Jun 17 TSO80 p at 94 in IRA

BTC Jun 16 SVXY 110 put at 4, sold at 1.4 so loss of 2.6.

Some weird calculations going on in my portfolio margin account. Everything is cash secured and only using about 20% margin total but had a margin call so had to close that trade at a loss just to get rid of the margin call. Only a $520 total loss so something easy to do to stay in my other trades which should make some $ in next 1-2 weeks.

Hope everyone is trading/doing well and enjoying the volatility!