STO January 2018, 60 calls @1.35
I love options! You can be wrong direction and still make money if you do it right.
Some trades based on that thought.
BTC TSo puts for 2-3 weeks expiration at 0.6 and 0.9 that were sold at 1.04 and 1.2. They were way OTM but did it to free up margin for the trades below.
Followed a lot you on SVXY: STO 6/23 115 puts at 1.49
STO SVXY 6/16 125 puts at 1.04 and 0.90 (slippage in the time it took me to change platforms)
Will be rolling some WDC puts that are now ITM on Thurs or Fri. No point is losing the time value, will let them decay until right before expiration so I only have to cover intrinsic and will be doing the same with SWKS over the next 2-3 weeks. Or if the call premiums look good then may take assignment and start rolling CC.
Thanks for the ideas! Down days are profitable days when you sell options…………
STO Jun 16 92 C @ 0.20 with stock at 85.45
This is covering stock and would put it back up near the recent highs. Don’t think it will get back there by Friday. This lowers my cost basis a bit more to 74.20.
0.20 is not much, but anything helps in an uncertain market now for tech.
#VXXGame Sold these near the open:
STO SVXY June 16th 120 put for 1.00
STO SVXY June 16th 115 put for .85
STO SVXY June 16th 105 put for .40