#SPXcampaign Sold to open $STZ July 21st 170 puts for 1.15, with stock at 184.20. Over last 12 quarters, the stock’s 21-DAY moves: Biggest UP move: 7.0%, Biggest DOWN move: -2.5%, Average move: 3.0%. This trade is -7.7% OTM.
Monthly Archives: June 2017
$UAA #ShortPuts #FallingKnife – Bought…
$UAA #ShortPuts #FallingKnife – Bought to close UAA Jul 21 2017 17.5 Puts @ 0.01. They won’t trade any lower and I’m out over 3 weeks early.
Originally sold in early February at 0.90. The stock never reached the strike price.
$TRIP #CoveredCalls – Sold TRIP…
$TRIP #CoveredCalls – Sold TRIP Jun 30 2017 40.0 Calls @ 0.15. These expire Friday and I would welcome assignment.
$VIX – below 10 again,…
$VIX – below 10 again, heading toward the low from Monday
$TRIP #CoveredCalls – Sold TRIP…
$TRIP #CoveredCalls – Sold TRIP JUL 7 2017 40.0 Calls @ 0.40. Seven trading days until expiration with a short trading week next week.
$MRO #ShortPuts #FallingKnife – Sold…
$MRO #ShortPuts #FallingKnife – Sold MRO JAN 19 2018 10.0 Puts @ 0.82. Adding to and averaging up my position.
$APC #ShortPuts #FallingKnife – Sold…
$APC #ShortPuts #FallingKnife – Sold 1 APC NOV 17 2017 37.5 Put @ 1.25
$NUGT #ShortPuts – Sold NUGT…
$NUGT #ShortPuts – Sold NUGT AUG 18 2017 22.0 Puts @ 0.72 with the stock at 31.89.
$TRIP – nice little recovery…
$TRIP – nice little recovery in this #FallingKnife today
$MRO #ShortPuts #FallingKnife – Sold…
$MRO #ShortPuts #FallingKnife – Sold MRO Oct 20 2017 11.0 Puts @ 0.87. Adding to and averaging up my position.
BTC Jul 28 WDC put…
BTC Jul 28 WDC put at 1.01. Sold for 1.4
TOS doing some weird stuff with my margin account so closing profitable positions to clear up the margin issues. Easier than trying to call them at the moment or trying to sort it out on line. They seem to be handling margin accounts like an IRA at the moment. Could not get an answer yesterday as to why.
SVXY
Late in the day yesterday, got this fill.
STO SVXY Sept $35 puts @ $0.30
Highest TICK reading on the open since November
I doubt it means much, but interesting nonetheless.
Economic Data
8:30am EST Goods Trade Balance – street sees -66.2B
8:30am EST Prelim Wholesale Inventories m/m – street sees 0.2%
10:00am EST Pending Home Sales m/m – street sees 0.9%
10:30am EST Crude Oil Inventories – street sees -2.1M
Earnings before Open
GENL MILLS (GIS) – consensus 0.71
MONSANTO CO-NEW (MON) – consensus 1.74
OMNOVA SOLUTION (OMN) – consensus 0.16
PAYCHEX INC (PAYX) – consensus 0.53
SHAW COMM-TS (SJR) – consensus 0.33
UNIFIRST CORP (UNF) – consensus 1.34
Earnings After Markets Close
AETHLON MEDICAL (AEMD) – consensus -0.18
PIER 1 IMPORTS (PIR) – consensus -0.05
PROGRESS SOFTWA (PRGS) – consensus 0.32
WORTHINGTON IND (WOR) – consensus 0.83
#spxcampaign today at 2.52 pm…
today at 2.52 pm ,sto spx ,july 26,2335/2310 put @1.80, thanks jeff
..
today at 2.52 pm btc on gtc order , spx 2460/2485 6.30.17 call @ .20 had sold for 1.80.(was like watching paint dry )
$SIG ShortPuts #FallingKnife – today…
$SIG ShortPuts #FallingKnife – today I covered some short July 60.0 Puts at a 1.10 that I originally sold for 1.90 and 2.00 in January.
Despite the fact that it is out of the money 3 points with 4 weeks to go, in late May the stock collapsed to 46.09 before gaining most of it back recently.
I decided I don’t need the added risk in this name because I am still short July 50/55 Puts, October 45 Puts and Jan 45/40/35 Puts that are nicely profitable.
One of my unwritten rules is that if Puts that I sold for 2 bucks rises to 13 or 14 dollars and then give me a chance to get out ahead, I take it, and don’t look back.
I would have taken the stock if it had stayed down. The current move in this SP500 name shows why that would have worked too.
VVXGame
#VXXGame Thanks for the ideas on strikes. Was only filled on a couple…
STO SVXY June 30th 148 puts for .75
STO SVXY July 7th 140 put for 1.25
Adding some VXX
Sold $VXX Dec 15 33 calls @ .46. Highest strike in Dec.
$SVXY #ShortPuts – Sold SVXY…
$SVXY #ShortPuts – Sold SVXY Jun 30 2017 147.5 Puts @ 0.76 with the stock at 162.44
$SVXY #ShortPuts – Sold SVXY…
$SVXY #ShortPuts – Sold SVXY JUN 30 2017 145.0 Puts @ 0.55 with the stock at 162.85.
Expires Friday
A couple of volatility trades
Sold $UVXY Dec 15 37 calls@ 1.20. Highest strike.
Sold $SVXY Aug 4 100 puts @ 1.50.
SVXY
STO September 60 puts @1.05
#retirement In about 2 hours…
#retirement
In about 2 hours I’ll be officially retired and will be able to give this endeavor the proper attention!
SWKS puts
$SWKS Sold Jul 21 93 puts @ 1.55 with the stock at 98.59
SVXY
STO Sept $70 puts @ $1.41
SVXY
STO September 65 puts @1.30
$SVXY #ShortPuts – Selling some…
$SVXY #ShortPuts – Selling some more puts – the first expires Friday and is at a strike below the last major dip in the stock.
Sold SVXY Jun 30 2017 145.0 Puts @ 0.47
Also Sold SVXY Jul 28 2017 90.0 Puts @ 0.74 in an IRA
$UVXY
STO Jul 14 $14 calls @ $0.33
SVXY
#ShortStrangles – Sold 1 SVXY JAN 18 2019 80.0/320.0 Strangle @ 23.24
SPX puts sold
#SPXcampaign This filled while on the road back to Portland:
Sold to Open $SPX July 28th 2335/2310 put spreads for 1.40, when SPX was at 2433.
BTC July 14 wdc 85…
BTC July 14 wdc 85 puts at 0.55. Sold for 1.24
#fallingknife I am short SWKS puts but it has dropped 15 points in 2 weeks and appears to be a good falling knife trade now. Next support level at 96.61.
$SVXY #ShortPuts – Selling some…
$SVXY #ShortPuts – Selling some puts to make back a little of what I lost when the margin clerk had me cover some long term 150 Calls.
All these expire Friday and are at strikes below the last major dip.
Sold SVXY Jun 30 2017 138.0 Puts @ 0.28
Sold SVXY Jun 30 2017 147.0 Puts @ 0.57
Sold SVXY Jun 30 2017 148.0 Puts @ 0.76
Sold SVXY Jun 30 2017 148.5 Puts @ 0.76
SVXY
#ShortPuts #IRA – Sold SVXY SEP 15 2017 90.0 Put @ 2.55
$SVXY
STO Sep 15 $60 puts @ $1.00
STO Jul 28 $90 puts @ $0.75
Just nibbling
$SVXY
$SVXY #ShortPuts. Sold to open July 117 Puts @ 1.25 when $SVXY hit 165.17 in this swoon.
SVXY
STO September
91 puts @ 2.43
92 puts @ 2.50
93 puts @ 2.55
94 puts @ 2.74
SVXY
STO September 80 puts @1.75
SVXY
STO September 85 puts @1.95
STO September 88 puts @2.19
SVXY
STO December 70 puts @2.25
SVXY
STO September 90 puts @ 2.27
BTC WDC Jul 14 put…
BTC WDC Jul 14 put 83.5 at 0.39. Sold at 1.04. Did not want to close yet but TOS doing some weird stuff with margin again so had to to so i could roll an ITM position.
Rolled SWKS Jul 7 106 put to 8/4 104 put for 0.45 credit. Originally sold for 1.2 but ITM now so gaining 2 points lower for credit. Part of a ladder. Will need to roll next weeks 105 out and down when the new series is available on Thurs. The next 2 weeks are at 95 so hopefully after a 13 point drop they stay OTM then the decay catches up with the rolls.
SVXY
STO one contract of the July 28, 150 put @ 4.30
I have a lot of naked calls n January so would like to offset some of them.
SVXY
#CoveredCalls – Hanging on to the stock for a few more weeks…picking up another 2.20 of potential upside while keeping plenty of downside protection.
Rolled SVXY JUN 30 2017 138.0 Call to JUL 21 2017 140.0 Call @ .20 credit
$GILD #CoveredCalls – A couple…
$GILD #CoveredCalls – A couple of call positions against long stock and short puts with the stock at 71.60 –
Sold GILD Nov 17 2017 85.0 Calls @ 0.85
Sold GILD Nov 17 2017 90.0 Calls @ 0.53
DRI earnings
#Earnings Was filled on this yesterday but was unable to post as I’m at Long Beach, WA, for a couple days.
Sold to open $DRI July 21st 82.5 puts for 1.15. Trade looks good with the positive open.
Economic Data
9:00am EST S&P/CS Composite-20 HPI y/y – street sees 5.9%
10:00am EST CB Consumer Confidence – street sees 116.1
10:00am EST Richmond Manufacturing Index – street sees 4
11:15am EST FOMC Member Harker Speaks
1:00pm EST Fed Chair Yellen Speaks
5:30pm EST FOMC Member Kashkari Speaks
Earnings before Open
DARDEN RESTRNT (DRI) – consensus 1.15
FACTSET RESH (FDS) – consensus 1.84
IHS MARKIT LTD (INFO) – consensus 0.43
Earnings After Markets Close
AEROVIRONMENT (AVAV) – consensus 0.99
CALAMP CORP (CAMP) – consensus 0.22
KB HOME (KBH) – consensus 0.26
SPX Campaign Short Calls Short Puts
#spxcampaign
$SPX STO 7/21 2515/2490 BECS @ 2.10
$SPX STO 7/28 2525/2500 BECS @ 1.80 Thank you @jeffcp66
#shortcalls
$FB STO 7/21/150/155 BUPS @ 1.50
#shortputs
$AAOI STO 7/21 50 put @ .85
Closed Early
#shortputs
$CLVS BTC 7/21 50 put @.05 STO @ 6.50 on 6/16
SVXY
STO one contract, January 2018, 205 call @ 13.10
Futures Trades
8:30 Long ES at 2442 at Open
9:00 Exit at 2447, new HOD
gain 5 Points ( equal to 50 YM Points)
9:05 Short ES at 2446, at HOD bounce, as NQ crashed
10:00 Exit at 2434, at new LOD, under the Mid PP
gain 12 Points ( equal to 120 YM points )
9:35 Short YM at 430, at the 34ma, as YM follows the NQ crash
9:45 exit at 330, at the new LOD, just above the Main PP
gain 100 Points
all in all, not bad for a summer Monday…
SVXY
STO June 30, 167 put @2.25, Taking one for the team.
$SVXY #ShortCalls – Sold 1…
$SVXY #ShortCalls – Sold 1 SVXY Jan 18 2019 320 Call @ 13.10 with the stock at 167.97.
Highest available strike for now.
This gives me more room to sell SVXY puts on the next downdraft.
edit: with the VIX below 10, the timing of this trade should look pretty good over the next month.
$GILD $ALXN – These have…
$GILD $ALXN – These have rallied enough that selling OTM calls with strikes near the 52 week highs makes sense against my portfolio of short puts
NVDA
#ShortCalls – Double selling against some ITM puts. Closed this week’s already and have a stop set on July monthlies at 50 percent of max profit. That all seems good so adding another batch…still keeping everything before earnings week.
Sold NVDA JUL 28 2017 175.0 Calls @ 1.10 (half position for now)
SPX ITM roll
#SPXcampaign Bought to close $SPX July 3rd 2425/2450 call spreads for 15.20. Sold last Monday for 19.30.
#ITMroll Sold to Open SPX July 10th 2430/2455 call spreads for 15.00.
Was able to exit at 8:33 PT and then sell the roll on the bounce at 9:00 PT so I had a roughly even roll, no additional spread necessary.
Hey gang, been gone for…
Hey gang, been gone for 2 weeks again so that should end the June schedule conflicts. Now sitting in 90+% cash just letting positions continue to run off. Waiting for opportunities to pounce.
TLT
#PerpetualRollingStrangles – Again…
Bought to Close TLT JUN 30 2017 126.0 Puts @ .04 (sold for 1.00)
Sold TLT JUL 21 2017 127.5 Puts @ .95
NVDA
#ShortCalls – Closing a little scalp against a long position…
Bought to Close NVDA JUN 30 2017 175.0 Calls @ .05 (sold for 1.10)
SPX puts closed
#SPXcampaign Closed on GTC order: $SPX July 7th 2330/2305 put spreads for .20. Sold for 1.35 on June 6th.
#optionladder STO XBI Jul 21…
#optionladder
STO XBI Jul 21 and 28 76.5 and 77 puts at 0.92 and 1.
Will add new trade every Thurs. or Friday until 4 week ladder set up. Then roll each week there is expiration or the value drops below 0.20.
SPX calls sold
#SPXcampaign Sold to Open $SPX July 28th 2500/2525 call spreads for 1.75.
Econ Calendar for week of 6/26/17
#spx expected move this weeks…
#spx expected move
this weeks expected spx move.
Economic Data
8:30am EST Core Durable Goods Orders m/m – street sees 0.4%
8:30am EST Durable Goods Orders m/m – street sees -0.5%
Earnings before Open
SCHNITZER STEEL (SCHN) – consensus 0.56
Earnings After Markets Close
AERO GROW INTL (AERO) – consensus N/A
NOVAGOLD RES-TS (NG) – consensus -0.04
#xle yesterday assignment xle 64.5…
#xle
yesterday
assignment xle 64.5 put had sold for .51 Wednesday.
will sell cc next week.
…………..
#spxcampaign
btc on gtc spx 2475/2500 june 30 call @ .20 had sold for 1.70
…………..
received divi on xle .44
……………..
#spxcampaign
yesterday
rolled 2430/2455 call from june 30 to july 14 for 2.25 credit had sold for 2.20 total now 4.45.
waiting for drop to close this one.
SPX chart and VIX Indicator have been updated
Click “Home/REFRESH” (above) to update.
#SPXcampaign Closing on GTC orders in last hour of the day:
$SPX July 3rd 2485/2510 call spreads for .20. Sold as part of a #CondorRoll for 4.90 on Monday.
$SPX June 30th 2470/2495 call spreads for .20. Sold as part of a #CondorRoll for 4.55 on May 25th.
#OptionsExpiration for 6/23 $SVXY 06/23/2017…
#OptionsExpiration for 6/23
$SVXY 06/23/2017 80 puts
$SVXY 06/23/2017 85 puts
$SVXY 06/23/2017 115 puts
Have a great weekend.
#Option Expiration
$AAOI June 23rd 60 Puts
$SVXY June 23rd 115 Puts
Have a great weekend all.
Expirations
$SVXY 112 put
$SVXY 115 put
$AMZN 1030/1020 BECS Thanks Bridget at OMM
Everybody have a relaxing weekend. Thanks for all the interaction.
Options Expiration 6/23/17
Only one: NVDA 135 put.
Ready for a pullback!
$DUST #coveredcalls Roll June 23…
$DUST #coveredcalls
Roll June 23 $35 to July 07 $30 for 0.85cr still further to fall I think
BTC Aug18 $38 for $1.25, sold for $2.15 same strategy
Closing July DUST
Getting out of these for .05 or less a month early
Bought to close:
$DUST Jul 21 50 calls @ .05. Sold for 2.50 on 4/27.
$DUST Jul 21 52 calls @ .02. Sold for 2.85 on 5/4.
#OptionsExpiration #Weeklys #Jun23 – Only…
#OptionsExpiration #Weeklys #Jun23 – Only short volatility trades this week. And the well is about to run dry on those.
We need a sharp pullback in the market so I can re-load. No assignments this week.
— Expirations —
SVXY (Weekly) Jun 23 2017 75 Puts
SVXY (Weekly) Jun 23 2017 80 Puts
SVXY (Weekly) Jun 23 2017 85 Puts
SVXY (Weekly) Jun 23 2017 90 Puts
SVXY (Weekly) Jun 23 2017 97 Puts
SVXY (Weekly) Jun 23 2017 99 Puts
SVXY (Weekly) Jun 23 2017 106 Puts
SVXY (Weekly) Jun 23 2017 112 Puts
UVXY (Weekly) Jun 23 2017 12.5 Calls (Covered)
UVXY (Weekly) Jun 23 2017 13 Calls (Covered)
UVXY (Weekly) Jun 23 2017 13.5 Calls (Covered)
UVXY (Weekly) Jun 23 2017 16.5 Calls
UVXY (Weekly) Jun 23 2017 17 Calls
UVXY (Weekly) Jun 23 2017 17.5 Calls
UVXY (Weekly) Jun 23 2017 24.5 Calls
$NUGT #coveredcalls, #shortputs Roll June…
$NUGT #coveredcalls, #shortputs
Roll June 30 $34 to July 07 $34.5 for 0.30 credit
BTC yesterday July 21 $37 for 0.85, sold for $1.20 will resell if price rises
BTC yesterday June 30 $34 for 0.36, sold for 0.65, same plan as price heads up
expiration Put June 23 $23.5 sold yesterday for 0.25
edit for put price
Transactions
#shortputs
$EXAS STO 7/21 32P @ .95 Thank you @jdietz1954 Already have stock position
$INGN STO 8/18 95 put @ 4.70 Thank you @jsd501 via DeBeers @ OMM
#spxcampaign
$SPX STO 7/14 2495/2470 BECS @ 2.80 Thank you @jeffcp66
Weekend
Have a nice weekend everyone.
Options Bistro 