BTC July 12, 2240/2340put spread @2.20, sold @4.50
BTC July 17, 2200/2300 put spread @1.75, sold @3.70
EWZ, STO June 30, 34.5 calls @ .30 against my 2009 call position.
HRL, STO September 35 calls @.75
Monthly Archives: June 2017
The bull never stops
Even in the historically worst month of the year… charging up.
New all-time highs: SPX, DJX, SVXY, AMZN. New all-time low in UVXY.
#assignment USO I had a…
#assignment USO I had a July 21, 12 put assigned
IWM put rollup
$IWM Rolled July 134 puts up to 137 puts for .44 credit. This is the put side of a strangle with 140 calls. Original position was 130/140, then rolled to 134/140, and now it’s 137/140.
It’s KOLD again
#ContangoETFs At the bell, sold on GTC order: $KOLD Sept 15th 45 call for 2.00.
Also:
Sold $FB July 21st 155 covered call for 2.60 #CoveredCalls
SPX calls sold, puts closed
#SPXcampaign Sold to Open $SPX July 20th 2500/2525 call spreads for 1.35, with SPX at 2443.
In pre-market, closed on GTC order: June 21st 2385/2360 put spreads for .20. Sold for 2.55 on June 1st.
At the bell, closed on GTC order: June 30th 2310/2285 put spreads for .20. Sold for 1.35 on May 30th.
#spxcampaign btc spx 2310/2285 @.20…
#spxcampaign
btc spx 2310/2285 @.20 filled on open with gtc order. had sold for 1.50.
#expectedweeklymove Expected moves for this…
#expectedweeklymove
Expected moves for this week.
Econ Calendar for week of 6/19/17
Blue stars indicate “Market Moving Indicators.”
#ge So it is not…
#ge
So it is not over until the fat lady sings.
Saturday I get the email saying i was assigned GE at 29 strike,which is exactly where it closed and my short put was.
So i look up cboe faq and call tos…..same answer..”it happens”
just irritated at paying assignment fee 15.00,I can deal with outcome either way.
(insert smiley face here/lol)
Notable Earnings After the Close…
Notable Earnings After the Close Friday (Previous Week) or Before the Open on Monday:
None
Notable Earnings After the Close, Monday or Before the Open on Tuesday:
LEN, SFUN
Notable Earnings After the Close, Tuesday or Before the Open on Wednesday:
ADBE, ATU, FDX, KFY, KMX, LZB, RHT, WGO
Notable Earnings After the Close, Wednesday or Before the Open on Thursday:
ACN, APOG, BKS, CCL, CMC, MEI, ORCL, SCS
Notable Earnings After the Close, Thursday or Before the Open on Friday:
BBBY, BBRY, FINL, SNX, SONC
Economic Events for the coming week:
image001.jpg
The Rest of the Day
#spxcampaign
Closed early
$SPX BTC 2490/2465 BECS @.30 at 82% profit
#shortcalls
Rolled
$NTES STO 7/21 325 call BTC 6/16 310 call @2.71 credit
$AMZN STO 6/23 1030/1020 BECS @1.90 Bridget @OMM
#shortputs
$CLVS STO 7/21 50 put @ 6.50
$COST STO 160/165 BUPS @1.30 Thank you @rknight52
Long day
Rather than click the like…
Rather than click the like button on all your expirations I will just say impressive!
It would be interesting to figure out the total value of all the expiring options for the entire group and the value of all the sold options in a week. Awesome!
Keep selling and we can all keep feeding each other ideas.
Cheers, Chris
#OptionExpiration
Afternoon all. Posting late as I have been out doing “Good Hubby Duties” today.
Expiring
$SVXY
June 16th 100 Puts
June 16th 120 Puts
June 16th 125 Puts.
All the other shorts were closed earlier in the week.
Have a wonderful weekend. Catch you next Monday.
#OptionsExpiration for 6/16 $AAOI 06/16/2017…
#OptionsExpiration for 6/16
$AAOI 06/16/2017 55 puts
$AMZN 06/16/2017 1020 calls (covered)
$DUST 06/16/2017 65 calls
$NVDA 06/16/2017 170 calls
$NVDA 06/16/2017 162.50 calls
$QQQ 06/16/2017 132 puts
$QQQ 06/16/2017 133 puts
$SVXY 06/16/2017 175 calls
$SVXY 06/16/2017 68 puts
$SVXY 06/16/2017 85 puts
$SVXY 06/16/2017 90 puts
$SVXY 06/16/2017 95 puts
$SVXY 06/16/2017 125 puts
$SVXY 06/16/2017 130 puts
$TSLA 06/16/2017 300 puts
$TWLO 06/16/2017 23 puts
No assignments.
Have a great weekend everyone.
Expiration (not me yet, some stocks)
#optionsexpiration
$AZO 720 call (#earnings trade)
$TMUS 67 call (covered)
$SFM 25 call (covered) Holding stock and seeing if $AMZN needs stores on West Coast
$MOMO 41 call
$THO 110 call (#earnings trade)
$AMD 10 put
$TMUS 62.50 put
$SVXY 94 put
$SVXY 95 put
$SVXY 100 put
$SVXY 110 put
$SVXY 120 put
$SVXY 123 put
$MOMO 35 put
$UBNT 35 put
$THO 80 put (#Earnings play)
$PLAY 65 put (#Earnings play)
$BLUE 95 put
$WYNN 110/120 BUPS
$GS 215/220 BUPS
$FB 140/145 BUPS
$FB 148/150 BUPS
$BABA 115/120 BUPS
$SJM 140/130 BECS
Expired with total loss (See @jeffcp66 comments on selling early)
$NVDA 140/135 BECS
$NFLX 155/160 BECS
Assigned
$SJM @130 Basis 127.61
Have a great weekend and a terrific Father’s Day to all celebrating.
SPX trades
#SPXcampaign I had one and a third spreads close right at and after the bell…
SPX June 23rd 2465/2490 call spreads, 1/3 of my position closed for .20. Sold for 1.80 on Tuesday.
SPX July 7th 2490/2515 call spreads, full order closed for .20. Sold for 1.40 on June 9th
Kind of odd that call spreads started closing as the market was still moving UP after the close.
I decided to replace the July 7th spreads, rolling it down, in effect:
Sold SPX July 7th 2455/2480 call spreads for 4.25.
Bon Soir
Everyone have a nice weekend and we get to sell more puts and calls next week.
Options Expiration 6/16/17
#OptionsExpiration #VXXGame #Earnings
—Expiring—
AZO 720 calls
NVDA 135 put
PANW 135 call
THO 80 puts
SVXY 95,100,105,115,120,135, and 140 puts
—Assignment—
PANW 130 call, half of remaining stock called away, cost basis 126.69.
Expirations and assignments
In my IRA
SVXY 55 puts
SVXY 60 puts
SVXY65 puts
SVXY70 puts
In the trading account
HRL 35 puts will be assigned
UBNT 55 covered calls expired
UBNT 45 puts expired
JCOM 80 puts expired
MU 28 puts expired
HOS 4 covered calls
SVXY 50 puts, 55 puts, 60 puts, 64 puts, 65 puts, 75 puts, 80 puts, 90 puts, 94 puts, 95 puts, 105 puts, 124 puts,125 puts,127 puts, 130 puts,143 puts, 145 puts. All expired at zero.
#T sto jan 19 37…
#T
sto jan 19 37 call @ 3.25
cost basis is 42.5 of T
plan to buy back at $1.08 for a approximate 5% return. plus dividends along the way which are presently 5.03%.
in the mean time extra cash to fund other things.
NVDA put closed
#Earnings BTC $NVDA June 16th 152.5 put for 1.08 to avoid assignment. Sold for 2.65 on June 8th.
#OptionsExpiration #Monthlys #Jun16 – A…
#OptionsExpiration #Monthlys #Jun16 – A big expiration this month. I’ve been carrying some of these positions since early in the year.
Wide strangles in $DUST, covered calls in $NUGT, and lots and lots of #Volatility shorts are rolling off.
Only 1 assignment this week, and a light week next week.
— Expirations —
CVS Jun 16 2017 85 Calls
DUST Jun 16 2017 19 Puts
DUST Jun 16 2017 65 Calls
GILD Jun 16 2017 62.5 Puts
HES Jun 16 2017 42.5 Puts
NUGT 25/Jun 16 2017 5 Puts
NUGT 25/Jun 16 2017 6 Puts
NUGT 25/Jun 16 2017 7 Puts
NUGT Jun 16 2017 36 Calls (Covered)
NUGT Jun 16 2017 46 Calls
NUGT 25/100 Jun 16 2017 16 Calls (Covered)
SVXY Jun 16 2017 40 Puts
SVXY Jun 16 2017 49 Puts
SVXY Jun 16 2017 51 Puts
SVXY Jun 16 2017 52 Puts
SVXY Jun 16 2017 53 Puts
SVXY Jun 16 2017 54 Puts
SVXY Jun 16 2017 56 Puts
SVXY Jun 16 2017 58 Puts
SVXY Jun 16 2017 60 Puts
SVXY Jun 16 2017 62 Puts
SVXY Jun 16 2017 63 Puts
SVXY Jun 16 2017 64 Puts
SVXY Jun 16 2017 67 Puts
SVXY Jun 16 2017 68 Puts
SVXY Jun 16 2017 85 Puts
SVXY Jun 16 2017 89 Puts
SVXY Jun 16 2017 90 Puts
SVXY Jun 16 2017 97 Puts
SVXY Jun 16 2017 98 Puts
SVXY Jun 16 2017 99 Puts
SVXY Jun 16 2017 100 Puts
SVXY Jun 16 2017 109 Puts
SVXY Jun 16 2017 112 Puts
SVXY Jun 16 2017 113 Puts
SVXY Jun 16 2017 114 Puts
SVXY Jun 16 2017 115 Puts
SVXY Jun 16 2017 116 Puts
SVXY Jun 16 2017 117 Puts
SVXY Jun 16 2017 118 Puts
SVXY Jun 16 2017 120 Puts
SVXY Jun 16 2017 122.5 Puts
SVXY Jun 16 2017 125 Puts
SVXY Jun 16 2017 160 Calls
UVXY Jun 16 2017 18 Calls (Covered)
UVXY Jun 16 2017 18.5 Calls (Covered)
UVXY Jun 16 2017 19 Calls
UVXY Jun 16 2017 19.5 Calls
UVXY Jun 16 2017 20 Calls
UVXY Jun 16 2017 35 Calls
UVXY Jun 16 2017 36 Calls
UVXY Jun 16 2017 37 Calls
UVXY Jun 16 2017 40 Calls
UVXY Jun 16 2017 44 Calls
UVXY Jun 16 2017 45 Calls
UVXY Jun 16 2017 60 Calls
UVXY 20/100 Jun 16 2017 35 Calls
— Assignments —
TRIP Jun 16 2017 40 Puts
SVXY roll
#VXXGame Closed $SVXY June 16th 155 call for 3.85. Sold for 5.25 on 4/25. Held through a lot on that one. But premiums are pretty rich for July expiration 10 bucks above all-time highs:
Sold to Open SVXY July 21st 170 call for 4.80
Sold to Open SVXY July 21st 175 call for 3.00
EWZ Diagonal
BTC June 16, 34 calls @ .13, sold @.43 against my long call in 2019. I will sell the weekly calls next week.
#XLE will most likely be…
SPX calls sold
#SPXcampaign Sold to Open $SPX July 14th 2475/2500 call spreads for 1.85, with SPX at 2430.
AZO
BTC October 550 put @14.70, sold @ 14.90
It just does not feel good to me so I got out of the trade early.
WYNN
#ShortPuts – Replacing this week’s expiration…
Sold WYNN JUN 23 2017 133.0 Puts @ 1.35
SVXY
#CoveredCalls – Hanging on to the stock for a couple more weeks…picking up another 2.22 of potential upside while keeping plenty of downside protection.
Rolled SVXY JUN 16 2017 137.0 Call to JUN 30 2017 138.0 Call @ 1.22 credit
MU
My 28 puts are expiring today so I am replacing them.
STO October 28 puts @1.93
TRIP
BTC to avoid assignment tonight, 40 puts @2.21, sold @2.40 so pretty much a wash.
SPX spreads closed
#SPXcampaign Closed on GTC orders:
$SPX June 21st 2460/2485 call spreads for .20; sold for 2.45 on June 1st.
$SPX June 19th 2400/2375 put spreads for .30; sold for 2.05 on June 5th.
Working on selling my second July 14th call spread today.
$TRIP #ShortPuts #FallingKnife – Bought…
$TRIP #ShortPuts #FallingKnife – Bought to close 1 TRIP Jun 16 2017 39.0 Put @ 1.20 to avoid assignment tonight.
Originally sold at 1.30 so essentially coffee money
AZO down
#Earnings #ExitEarly As a testament to not always waiting for expiration, check out AZO today after some of us exited or rolled AZO puts a day before expiration yesterday.
This may be a good day to sell some new puts.
$TRIP #ShortPuts #FallingKnife – Bought…
$TRIP #ShortPuts #FallingKnife – Bought to close TRIP Jun 16 2017 38.0 Puts @ 0.45 to avoid assignment tonight.
Originally sold at 1.10 so still made over 50% of the premium
COST July BuPS
STO $COST Jul 21 165/160 BuPS @ 1.31 when at 168.10
COST July
Sold $COST Jul 21 160 puts @ 1.32
$RRC #ShortPuts #FallingKnife – Bought…
$RRC #ShortPuts #FallingKnife – Bought to close 1 RRC Jun 16 2017 24.0 Put @ 0.50 to avoid assignment tonight.
Originally sold at 1.15 on 3/9/2017.
Another case of being wrong on the stock but right on the option.
COST
STO January 125 puts @1.15
DRIP joining in…
#ShortCalls – Sold 1 DRIP DEC 15 2017 35.0 Call @ 4.00
$KR #ShortPuts #FallingKnife – Sold…
$KR #ShortPuts #FallingKnife – Sold 1 KR JAN 19 2018 19.0 Put @ 1.25
COST
STO October 150 puts @2.41
Breaking News
Amazon buying Whole Foods at $42 per share. Amazon will own us all in 10 years.
And housing starts missed big, which may be why futures have dropped in the last hour.
GM All
Economic Data
8:30am EST Building Permits – street sees 1.25M
8:30am EST Housing Start – street sees 23M
10:00am EST Prelim UoM Consumer Sentiment – street sees 97.2
10:00am EST Labor Market Conditions Index m/m
10:00am EST Prelim UoM Inflation Expectations
12:45pm EST FOMC Member Kaplan Speaks
Earnings before Open
No earnings release today
Earnings After Markets Close
No earnings release today
Thanks bistro traders for showing…
Thanks bistro traders for showing me how to roll credit spreads and sell options on contango and leveraged etfs! It has supercharged my trading results lately but more importantly improved consistency.
I will be rolling some WDC puts at 87 and 88 that expire today, or may take assignment, there is 0.50 dividend coming up and can sell calls.
I have 19 patients left to see then vacation next week but will trade at least 1 day! Happy Fathers day to all the dads.
#xle (late post)Wednesday sto for…
#xle
(late post)Wednesday sto for 6.16.17, 65.5 put @ .30 and .45. ( 2 accounts and from Iphone)
if assigned will do CC.
SPX Chart and VIX Indicator have been updated
Click “Home/REFRESH” above to update.
$SPX
Sold to Open July 7th 2330/2350 BuPS @ 1.05
$NBR #ShortPuts – Sold NBR…
$NBR #ShortPuts – Sold NBR Jul 21 2017 8.0 Puts @ 0.55.
Idea from Tastytrade this morning.
$TSLA #ShortCalls – Bought to…
$TSLA #ShortCalls – Bought to close 1 Dec 15 2017 600 Call @ 2.62 with the stock at 369.67.
Sold it yesterday at 3.25. I intend to re-sell it if the stock returns to 384-385
Getting out of the zone
Well at least some of it.
Bought to close $AZO 7/21 550 put @ 1.30. Sold for 4.50 on 5/23.
Taking my 70%+ profit and freeing up some margin. Still short Sep 480 and Dec 500.
SPX puts sold
#SPXcampaign Sold to open $SPX July 14th 2340/2315 put spreads for 1.40.
More DRIPping
Adding to highest strike at a higher premium
Sold $DRIP 9/15 35 call @ 2.25
Sold $DRIP 12/15 35 call @ 4.00
#shortputs HTZ sold Aug. 19…
#shortputs HTZ sold Aug. 19 10 put for 1.45. HTZ down today after a recent relative run-up
$SVXY #ShortPuts – Sold SVXY…
$SVXY #ShortPuts – Sold SVXY Aug 18 2017 70.0 Puts @ 1.30 with the stock at 154.86
$XEC #ShortPuts #FallingKnife – Sold…
$XEC #ShortPuts #FallingKnife – Sold 1 XEC DEC 15 2017 75.0 Put @ 2.10 with the stock at 95.30
SVXY
STO August 18, 75 put @ 1.51
I missed all the action this morning. Had to take a friend to the airport.
LRCX
STO September 140 puts @ 5.30
STO December 125 puts @ 4.30
This is a trade from SMM DeBeers
Thurs trade day and some rolls and laddering
Rolled SVXY 6/16 125 puts to 6/23 for credit of 1.00. Originally sold for 0.9 last Thurs.
STO 7/7 SVXY 95 puts for 0.85
Rolled SVXY 6/16 125 and 130 puts to 6/30 115 for credit of 1.2 and 1.15 originally sold for 1.04 and 1.10.
STO SVXY 7/7 100 put at 1.00 These were all IRA trades.
Tomorrow will roll some WDC 88 and 87 puts that are ITM out and down and expire tomorrow that are part of ladder trades. There is still a lot of time value in them because they are ATM and will wait until most of the juice is sucked out of them. There are times better to roll early but other times be greedy and get as much time value out of the option that you can. This is one of those times, have plenty of cash and margin to cover if someone is dumb enough to take early assignment and I will gladly take their money if they want to give it up early.
My SWKS positions may take little more work but still have 2-3 weeks left to decide what to do with them. Dropped 11 points in 4 days! Falling knife trade now?
Cheers and hope everyone has a good expiration tomorrow. The vol.is finally fun!
$AAOI
#ShortPuts $AAOI My alert went off when this breached 60 on the open. So I decided to close this out instead of sitting on my hands today hoping for favorable price later. Closed the last June 16th 60 contract @ 1.20. Originally sold at 1.65. Buys lunch.
$UVXY #ShortCalls – Sold these…
$UVXY #ShortCalls – Sold these this morning at the opening. An #OptionLadder of sorts.
Sold 1 UVXY Jun 23 2017 16.5 Call @ 0.22
Sold 2 UVXY Jun 23 2017 17.0 Calls @ 0.22
Sold 3 UVXY Jun 23 2017 17.5 Calls @ 0.22
The stock ran out of gas before orders at 18 and 18.5 could fill.
$SVXY #ShortPuts – Sold this…
$SVXY #ShortPuts – Sold this morning with the stock at 153
Sold SVXY Jul 28 2017 90.0 Puts @ 1.75
Sold SVXY Sep 15 2017 70.0 Puts @ 1.40
UVXY calls
Sold at the highest strike
$UVXY Jul 14 20 calls @ .60
$UVXY Jul 28 20 calls @ .80
$SVXY #ShortPuts #OptionLadder – Sold…
$SVXY #ShortPuts #OptionLadder – Sold all the following this morning
Sold SVXY Jun 23 2017 99.0 Puts @ 0.53 – these expire next Friday
Sold SVXY Jun 30 2017 99.0 Puts @ 0.83
Sold SVXY Jul 7 2017 95.0 Puts @ 0.93
Sold 1 SVXY Jul 14 2017 90.0 Put @ 1.03
Sold 1 SVXY Jul 21 2017 90.0 Put @ 1.33
Sold 1 SVXY Jul 28 2017 90.0 Put @ 1.66
Sold 1 SVXY Aug 18 2017 90.0 Put @ 2.43
Sold 1 SVXY Sep 15 2017 85.0 Put @ 2.53
$SVXY
STO Aug 18 $75 put @ $1.50
SPX calls closed
#SPXcampaign In pre-market, closed on GTC order: $SPX June 15th 2460/2485 call spreads for .20. Sold for 1.50 on May 15th.
GM all
Economic Data
8:30am EST Unemployment Claims – street sees 241K
8:30am EST Empire State Manufacturing Index – street sees 5.2
8:30am EST Import Prices m/m – street sees 0.1%
8:30am EST Philly Fed Manufacturing Index – street sees 25.5
9:15am EST Capacity Utilization Rate – street sees 76.8%
9:15am EST Industrial Production m/m – street sees 0.2%
10:00am EST NAHB Housing Market Index – street sees 70
10:30am EST Natural Gas Storage – street sees 88B
4:00pm EST TIC Long-Term Purchases – street sees 37.3B
Earnings before Open
KROGER CO (KR) – consensus EPS 0.57
LIGHTINTHEBOX-A (LITB) – consensus EPS -0.01
RENESOLA LT-ADR (SOL) – consensus EPS -1.29
YINGLI GREEN EN (YGE) – consensus EPS -2.27
Earnings After Markets Close
FINISAR CORP (FNSR) – consensus EPS 0.40
$FOSL #ShortPuts #FallingKnife – Sold…
$FOSL #ShortPuts #FallingKnife – Sold 1 FOSL JAN 19 2018 9.0 Put @ 1.30
$XEC #ShortPuts #FallingKnife – Sold…
$XEC #ShortPuts #FallingKnife – Sold 1 XEC DEC 15 2017 75.0 Put @ 1.60 with the stock at 98.21
$TROW #ShortPuts – Bought to…
$TROW #ShortPuts – Bought to Close TROW JUL 21 2017 60.0 Puts @ 0.05. They won’t trade any lower and I’m out a month early.
Sold in late January/early February at 1.40/1.65/1.85 as a #FallingKnife trade.
SPX Chart and VIX Indicator have been updated
Click “Home/REFRESH” above to update.
SPX trade in progress
#SPXcampaign Took advantage of the post-Fed volatility to close an ITM call spread and sell an extra put spread. Looking to sell a new ITM call spread on the rally into the close.
Bought to close $SPX June 21st 2400/2425 call spreads for 20.50. Sold for 19.30 last Wednesday as an #ITMroll
Sold to Open SPX June 26th 2400/2375 put spreads for 2.00.
Order in to sell SPX June 28th 2405/2430 call spreads for the most I can get before 4:15p ET
$ NUGT #coveredcalls BTC Jun…
$ NUGT #coveredcalls
BTC Jun 16 $34 call for 0.30, sold last week for $3.81
BTC Jun 16 $32 call for 0.80, sold last week $3
The DUST is looking much better. I ride the see saw owning both sides of the gold trade.
SVXY
#TakeOneForTheTeam – Punching out of this one for a small profit…
Bought to Close SVXY JUN 16 2017 160.0/155.0 BuPS @ 2.28 (sold for 2.76)
I’ll wait until Friday for a decision on my last few shares of SVXY…(covered by 137 calls)
Options Bistro 