#OptionsExpiration for 6/2
$SVXY 06/02/17 75 puts
$SVXY 06/02/17 143 puts
No assignments.
Daily Archives: Friday, June 2, 2017
Options Expiration 6/2/17
#OptionsExpiration #Earnings #CoveredCalls
— Expiring —
AVGO 230/225 put spreads
— Assignment —
PANW 130 call, releasing some of my stock, cost basis 128.36
$AVGO #ShortPut Spread Expired June…
$AVGO #ShortPutSpread
Expired June 02 225/220 Puts Thanks Jeff.
#OptionExpiration #Weeklys #Jun2 – a…
#OptionsExpiration #Weeklys #Jun2 – a decent week while waiting for volatility to wake up.
$SVXY and $UVXY positions rolling off have left few risk positions to deal with until the #Monthly expiration in 2 weeks.
$NUGT and $DUST positions expiring in #IRA accounts leave a lot of dry powder to be reinvested on the next big move in gold, whatever direction that might be.
No assignments this week.
— Expirations —
DUST (Weekly) Jun 2 2017 28 Puts
DUST (Weekly) Jun 2 2017 49 Calls
NUGT 25/100 (Weekly) Jun 2 2017 6.5 Puts
NUGT 25/100 (Weekly) Jun 2 2017 7 Puts
NUGT 25/100 (Weekly) Jun 2 2017 7.5 Puts
SVXY (Weekly) Jun 2 2017 85 Puts
SVXY (Weekly) Jun 2 2017 90 Puts
SVXY (Weekly) Jun 2 2017 115 Puts
SVXY (Weekly) Jun 2 2017 119 Puts
SVXY (Weekly) Jun 2 2017 119.5 Puts
SVXY (Weekly) Jun 2 2017 120 Puts
SVXY (Weekly) Jun 2 2017 125 Puts
SVXY (Weekly) Jun 2 2017 135 Puts
SVXY (Weekly) Jun 2 2017 142 Puts
UVXY (Weekly) Jun 2 2017 13.5 Calls (Covered)
UVXY (Weekly) Jun 2 2017 14 Calls (Covered)
UVXY (Weekly) Jun 2 2017 16 Calls (Covered)
UVXY (Weekly) Jun 2 2017 27 Calls
UVXY (Weekly) Jun 2 2017 28 Calls
UVXY (Weekly) Jun 2 2017 30 Calls
UVXY (Weekly) Jun 2 2017 40 Calls
Closed Early Expiration and Trades
Closed Early
#spxcampaign
$SPX BTC 6/9 2475/2450 BECS @ 3.00 STO @ 1.60
#earnings
$CIEN STC 6/2 23.5 call @ 4.00 BTO @ 1.08 as part of straddle with BTO 23.5 put Net profit 1.88 per contract
#optionsexpiration
$SPX 2285/2310 BUPS
$SPX 2265/2290 BUPS
$AVGO 225/230 BUPS #earnings Thank you @jeffcp66
$SVXY 70 put Thank you @optioniceman
Trades
#shortputs
$SVXY STO 8/18 90 pit @ 2.05 Thank you @jdietz1954
#spxcampaign
$SPX STO 6/12 2400/2425 BUPS @ 3.00 Thank you @jeffcp66
#ironcondor
$AET STO 7/21 135/145 BUPS @ 1.94
$AET BTO 7/21 150/155 BUCS @ 1.49 (Courtesy of Dr Science at OMM)
Have a great weekend.
Expirations, have a nice weekend.
EWZ 36 call
SVXY
70 put
75 put
96 put
97 put
98 put
99 put
In the IRA, SVXY 75 put
I am off to the gym.
VMW update
#Earnings Sold to close $VMW June 2nd 92.5 call for 3.30. Seems to have petered out so sold one, leaving the other for another hour. Also was filled by selling one of the 100 calls for .05. This was bought as a butterfly yesterday for 1.90, so 1.45 profit on this half.
SPX trades
#SPXcampaign Sold to Open $SPX June 12th 2425/2400 put spreads for 3.30, as a roll for previously stopped spreads. This is not very far OTM, but short term so theta decay should be quick as long as their is no dive in the market on Monday/Tuesday.
Stopped: Closed June 23rd 2465/2490 call spreads for 3.50. Sold for 1.85 on May 25th,
#CondorRoll: Sold June 26th 2360/2390/2490/2420 condors for 3.60. Went 30-wide since there is no 2515 strike for this expiry.
EWZ, Fuzzball trade
It looks like my short 36 calls will expire at zero today so, I sold June 9, 35 calls @.59 against my long 2019, 20 calls.
$SVXY #ShortCalls #Rollup – Bought…
$SVXY #ShortCalls #Rollup – Bought to close SVXY JUN 2 2017 146.0 Calls/ Sold SVXY JUN 23 2017 150.0 Calls @ 0.87 Credit.
After several rollups, I’m hoping this one expires.
$SPX #spxcampaign All right, I…
$SPX #spxcampaign All right, I have probably done something incredibly stupid but call me chicken. It seems to me that the S&P is just moving up and being short a call spread was not really where I needed to be. So I bought to close the short leg of my June 30th 2480/2500 BeCS @ 4.40, a 2.95 loss. This leaves the long side free to run. I originally bought the long leg at 0.85 so any further up side will help and if it all goes to pot the additional loss will be small.
Expiration
As long as nothing drastic changes in the next 2 hours I have:
TSO 80 and 80.5 puts expiring. Originally sold for 1.05.
There are some WDC 82 and 83.5 puts expiring sold for 1.1 to 2.4 but that was off a roll as a recovery but get to pocket the original credit now.
I also have some SVXY puts expiring from 100 and 125, sold for 1.25 and 2.5.
Don’t have specifics other than that, currently trading 6 accounts and I only have one open at the moment.
Should free up some cash for trades next week.
Everyone have a good weekend!
$HBI #ShortPuts – Bought to…
$HBI #ShortPuts – Bought to close HBI Jul 21 2017 18.0 Puts @ 0.05. They won’t trade any lower.
Originally sold as a #FallingKnife trade on 02/03/2017 at 1.10.
Out of the trade 49 days early and looking for more candidates.
TLT
#PerpetualRollingStrangles – Decent size position here so booking and then splitting up into different expirations…
Bought to Close TLT JUN 9 2017 123.0 Puts @ .09 (sold for 1.15)
Sold TLT JUN 16 2017 125.0 Puts @ .82
Sold TLT JUN 23 2017 124.5 Puts @ .80
$RRC $NFX $XOM #FallingKnife candidates
$RRC $NFX $XOM #FallingKnife candidates
Rolling up untested side of IWM strangle
Just sold a $IWM July 130/140 strangle on Wednesday and already the call side has been breached at 140.13. Rolled the 130 puts up to 134 for .51 credit.
Drippity drop up
#ContangoETFs Filled yesterday on $DRIP Sept 35 call for 1.35
Just added now: Sold DRIP July 21st 30 call for 1.35
Earnings flurry: CIEN, VMW, AZO
#Earnings #LongStraddle Sold to close $CIEN June 2nd 23.5 call for 4.10. Bought long straddle for 1.95 on Wednesday, sold one call yesterday for 3.90, the other today for 4.10. A double!
VMW 92.5/97.5/100 call butterfly bought yesterday for 1.90. Long 92.5 calls going for 3.00 now. On watch for hopefully higher into the close.
Bought to close AZO June 16th 560 put for .35. Sold for 2.35 on May 22. Still short the 610 puts but looking good to get out before expiration.
SVXY
STO 1 July 7, 113.5 put @2.05
SPX stopped
#SPXcampaign Bought to close $SPX June 9th 2440/2465 call spreads for 4.60. Sold for 1.40 on May 12th. Not rolled yet.
Also, bought to close SPX June 12th 2340/2315 put spreads for .20. Sold as part of a #CondorRoll for 7.55 on May 19th. The call half is ITM and will be an #ITMroll until the next pull back.
SVXY
STO August 18, 90 puts @ 2.04
REGN
#ShortStrangles – Same as ISRG. This one’s up over 30 percent in five weeks.
Bought to Close REGN JUN 2 2017 462.5 Puts @ .25 (sold for 15.85) Now collected over 32 points in premium on the way up. Will start using some of that to roll up the Sep 425 call I’ve been selling against.
Rolled Sep 425 Calls up to Sep 430 @ 3.75 debit
And:
Sold REGN JUN 9 2017 475.0 Puts @ 8.80
CIEN on a rally, VMW hovering
#Earnings I’m riding my last CIEN 23.5 long call, trying to top pick.
VMW settling nicely in profit zone… the closer to 97.5 the better.
AVGO an easy winner.
ISRG
#ShortStrangles – Still working it…almost a 25 percent move since earnings six weeks ago. Rolling the un-threatened side and position size (1) has saved this trade. Nothing goes up forever but starting to wonder. LOL
Bought to Close ISRG JUN 2 2017 910.0 Put @ .16 (sold for 7.00)
Used some of that premium:
Rolled Jun 30th 870 Call to Jul 14th 880 call @ 5.74 debit…that gets the call up a little and into the week before earnings. I’ll leave it there and possibly keep rolling up while still pocketing some weekly premium.
Then:
Sold ISRG JUN 9 2017 925.0 Put @ 9.20
SPX trades yesterday and this morning
#SPXcampaign We got another push higher so some stops were hit.
STOPPED: Closed $SPX June 14th 2440/2465 call spreads for 4.90. Sold for 2.35 on May 30th.
#CondorRoll (legs sold separately):
Sold SPX June 21st 2360/2385 put spreads for 2.45
Sold SPX June 21st 2460/2485 call spreads for 2.55
STOPPED: Closed June 30th 2460/2485 call spreads for 4.85. Sold for 1.75 on Tuesday.
#Rolling: Sold SPX Aug 18th 2500/2525 for 4.50 (usually don’t go out this far, but I’m mixing things up)
Sold to Open SPX June 30th 2345/2320 put spreads for 1.50, with SPX at 2430.
All of the following closed on GTC orders:
June 15th 2265/2240 put spreads for .20. Sold for 1.40 on May 17.
June 7th 2390/2365 put spreads for .50. Sold as part of an #IBroll, 5.95 for the put side on May 22.
June 15th 2275/2250 put spreads for .20. Sold for 1.35 on May 19.
$NUGT #CoveredCalls – at least…
$NUGT #CoveredCalls – at least the 4th lucrative weekly roll in a row in this stock.
Bought to close NUGT JUN 2 2017 36.0 Calls/Sold NUGT JUN 9 2017 36.0 Calls @ 0.85 Net Credit.
Still waiting for assignment one of these weeks.
Options Bistro 