$URI #ShortPuts #FallingKnife – Sold 1 URI Oct 20 2017 75 Put @ 1.25 with the stock at 105.0
Daily Archives: Tuesday, June 6, 2017
$SVXY #ShortPuts – Sold SVXY…
$SVXY #ShortPuts – Sold SVXY JUL 21 2017 85.0 Puts @ 1.13
$NUGT #CoveredCalls -I still have…
$NUGT #CoveredCalls -I still have some odd lots from before the split. Writing covered calls on those.
Adjusted assignment value is $40 on the new stock.
Sold NUGT 25/100 Jun 9 2017 10.0 Calls @ 0.22.
NUGT adding
Adding to Jan position at the highest strike.
Sold $NUGT 1/19/18 58 call @ 6.50.
SPX Campaign and Put Sold
#spxcampaign
$SPX STO 6/30 2320/2345 BUPS @ 1.30
$SPX STO 7/14 2255/2305 BUPS @ 2.20
#shortputs
$BLUE STO 6/16 95 put @ 2.00 (Timing not so good)
$GWW #ShortPuts #FallingKnife – Sold…
$GWW #ShortPuts #FallingKnife – Sold 1 GWW JUL 21 2017 160.0 Put @ 2.55. Adding to a 1 option position at a better premium.
$UVXY #ShortCalls – Sold 1…
$UVXY #ShortCalls – Sold 1 UVXY Aug 17 2017 23.0 Call @ 1.04. Highest available strike price (for now)
$UVXY #CoveredCalls – nickels and…
$UVXY #CoveredCalls – nickels and dimes every week. Waiting for the big one (like the residents of LA)
Sold UVXY Jun 9 2017 13.0 Calls @ 0.19
Sold UVXY Jun 9 2017 13.5 Calls @ 0.16
Sold UVXY Jun 9 2017 14.0 Calls @ 0.14
SNAP stock
#LongStock #AfterHours
Sold to close $SNAP long stock for 20.14. Bought for 17.45 (avg price) after hours on earnings day, May 10th. Struggling a bit at this level so I’m dumping it. Don’t often trade shares this way but it seemed like a good buy, and it was!
SPX trades
#SPXcampaign Sold to Open $SPX July 7th 2485/2510 call spreads for 1.55. Working on selling a put spread, too.
STOPPED: Bought to close $SPX June 16th (Friday PM) 2445/2470 call spreads for 4.75. Sold for 2.35 on May 31st. This one filled at 4am during the SPX overnight lows. That gave me the opportunity to roll to higher call spread with no increase in size:
#Rolling: Sold SPX June 23rd 2455/2480 call spreads for 4.80.
SPX Campaign SOLD SPX 12…
SPX Campaign SOLD SPX 12 JUL 17 2340/2240 BuPS @4.50
SPX Campaign SOLD SPX 19…
SPX Campaign SOLD SPX 19 JUL 17 2335/2235 BuPS @5.80
SPX Campaign SOLD SPX 14…
SPX Campaign SOLD SPX 14 JUL 17 2335/2235 BuPS @4.95
DUST
#ShortCalls – Bought to Close DUST JUL 21 2017 50.0 Call @ .15 (sold for 2.20)
SVXY
#TakeOneForTheTeam – Stock getting called away next week at 137 (maybe)…haven’t decided yet. I’ll try for a little more just in case.
Sold SVXY JUN 16 2017 160.0/155.0 Bull Put Spread @ 2.76
NUGT
#IRA – Playing this the same way I play UVXY a lot of the time. Selling spreads a little closer to the money with position size and strike width small enough to add or widen if they need rolled.
Sold NUGT DEC 15 2017 40.0/45.0 Bear Call Spreads @ 1.38
$WHR #ShortPuts – Bought to…
$WHR #ShortPuts – Bought to close 1 WHR Jun 16 2017 130.0 Put @ 0.01. It won’t trade any lower and doesn’t expire for 2 more weeks. Using the margin elsewhere.
Originally sold as a #FallingKnife trade on 1/30/2017 at 1.51.
NVDA again
#ShortStrangles – Still looks to be headed to 150 or higher so still rolling puts up. Overall position nicely profitable so waiting for a little more theta to get out. Don’t want the short calls to get away so staying aggressive into next week.
Rolled Jun monthly 150 puts up to 155 @ 3.29 credit.
Current position now 155/150 inverted @ 14.12
TSLA adjustment
#ShortStrangles – Short a Jan 2018 175/500 strangle. Making a delta adjustment rolling the put up to the 200ma. See if we can get this thing back to reality…
Rolled TSLA JAN 19 2018 175.0 Put up to JAN 19 2018 250.0 Put @ 7.40 credit
PLAY earnings
#Earnings Playing PLAY with BULLISH sentiment, trading with the trend.
Sold $PLAY June 16th 65 puts for 1.50.
13-DAY moves: Biggest UP move: 24.0%, Biggest DOWN move: -13.2%, Average move: 11.0%. This trade is -6.4% OTM.
GLD
#PerpetualRollingStrangles – After a bunch of rolls with a decent size position finally getting out…(for a few minutes)…LOL
Bought to Close GLD JUN 16 2017 120.0 Puts @ .18 (sold for 4.50 accumulated premium)
Sold GLD JUN 30 2017 121.0 Puts @ .70
And:
Rolled Jun 113 calls to Jul 113 @ .18 credit
$RRC #ShortPuts #FallingKnife – Sold…
$RRC #ShortPuts #FallingKnife – Sold 1 RRC Dec 15 2017 19.0 Put @ 1.30
$SPX iron condor
STO Jul 21 2520/2510/2285/2275 @1.25
NUGT calls
Sold $NUGT Jan 19 58 calls @ 5.50. Highest strike.
TQQQ
STO January 2019, 70 puts @10.20
SVXY puts
Sold $SVXY Jul 21 90 puts @ 1.30
Economic Data
10:00am EST JOLTS Job Openings – street sees 5.65M
10:00am EST IBD/TIPP Economic Optimism – street sees 51.6
Earnings before Open
CANADIAN SOLAR (CSIQ) – consensus EPS -0.01
FREDS INC (FRED) – consensus EPS -0.06
G-III APPAREL (GIII) – consensus EPS -0.37
HD SUPPLY HLDGS (HDS) – consensus EPS 0.65
MEDIAGRIF INTER (MDF) – consensus EPS 0.28
Earnings After Markets Close
AMBARELLA INC (AMBA) – consensus EPS 0.03
DAVE&BUSTRS ENT (PLAY) – consensus EPS 0.80
OXFORD INDS INC (OXM) – consensus EPS 1.04
SIGMA DESIGNS (SIGM) – consensus EPS -0.27
Back to the oil field
STO /CL Sep 17 39/57 strangles at 0.50. Plan is to close in 3-4 weeks. Still have my previous 41.5/55 strangles and pocketed some profit on the call side when I rolled down from the 57. 1-2 more weeks on that should produce some $, theta is over $200 a day so at some point the decay will catch up with the vol.
Next cycle opens in 10 days and will roll the oldest into new ones.
Options Bistro 